Pioneer Floating Rate Etf Performance
| PHD Etf | USD 9.82 0.04 0.41% |
The etf holds a Beta of -0.0179, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pioneer Floating are expected to decrease at a much lower rate. During the bear market, Pioneer Floating is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Pioneer Floating Rate are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical indicators, Pioneer Floating is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Forward Dividend Yield 0.1042 | Payout Ratio 0.7018 | Last Split Factor 1:2 | Forward Dividend Rate 1.02 | Dividend Date 2019-01-31 |
| Pioneer Floating dividend paid on 30th of August 2024 | 08/30/2024 |
1 | Appointment of Alan Huang, PhD, as Vice President of Sales | 09/03/2024 |
2 | Acquisition by Saba Capital Management, L.p. of 14530 shares of Pioneer Floating at 11.19 subject to Rule 16b-3 | 09/18/2024 |
3 | Can Pursuing A PhD Impact Mental Health | 09/19/2024 |
| Pioneer Floating dividend paid on 30th of September 2024 | 09/30/2024 |
4 | MERIT Names David P. Bingaman, DVM, PhD, D. ACVO as Chief Development Officer, Ophthalmology | 10/15/2024 |
| Pioneer Floating dividend paid on 31st of October 2024 | 10/31/2024 |
6 | This Active Commodity ETF Consistently Beats the Benchmark - ETFdb.com | 11/18/2024 |
| Begin Period Cash Flow | 56 K |
Pioneer |
Pioneer Floating Relative Risk vs. Return Landscape
If you would invest 955.00 in Pioneer Floating Rate on August 24, 2024 and sell it today you would earn a total of 27.00 from holding Pioneer Floating Rate or generate 2.83% return on investment over 90 days. Pioneer Floating Rate is generating 0.0441% of daily returns assuming volatility of 0.3217% on return distribution over 90 days investment horizon. In other words, 2% of etfs are less volatile than Pioneer, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Pioneer Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Floating's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pioneer Floating Rate, and traders can use it to determine the average amount a Pioneer Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1371
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| Negative Returns | PHD |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Pioneer Floating is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pioneer Floating by adding it to a well-diversified portfolio.
Pioneer Floating Fundamentals Growth
Pioneer Etf prices reflect investors' perceptions of the future prospects and financial health of Pioneer Floating, and Pioneer Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pioneer Etf performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0576 | ||||
| Profit Margin | 1.08 % | ||||
| Operating Margin | 0.89 % | ||||
| Current Valuation | 180.98 M | ||||
| Shares Outstanding | 12.37 M | ||||
| Price To Earning | 118.29 X | ||||
| Price To Book | 0.94 X | ||||
| Price To Sales | 6.19 X | ||||
| Revenue | 16.21 M | ||||
| EBITDA | 15.76 M | ||||
| Cash And Equivalents | 40.96 K | ||||
| Total Debt | 61.2 M | ||||
| Debt To Equity | 0.49 % | ||||
| Book Value Per Share | 10.36 X | ||||
| Cash Flow From Operations | 10.83 M | ||||
| Earnings Per Share | 1.71 X | ||||
| Total Asset | 190.5 M | ||||
| Retained Earnings | (82.91 M) | ||||
About Pioneer Floating Performance
By analyzing Pioneer Floating's fundamental ratios, stakeholders can gain valuable insights into Pioneer Floating's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pioneer Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pioneer Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Floating is traded on New York Stock Exchange in the United States.| Pioneer Floating Rate has 61.2 M in debt with debt to equity (D/E) ratio of 0.49, which is OK given its current industry classification. Pioneer Floating Rate has a current ratio of 0.05, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pioneer Floating until it has trouble settling it off, either with new capital or with free cash flow. So, Pioneer Floating's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pioneer Floating Rate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pioneer to invest in growth at high rates of return. When we think about Pioneer Floating's use of debt, we should always consider it together with cash and equity. | |
| On 31st of October 2024 Pioneer Floating paid $ 0.0925 per share dividend to its current shareholders | |
| Latest headline from news.google.com: This Active Commodity ETF Consistently Beats the Benchmark - ETFdb.com | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Pioneer Etf
Pioneer Floating financial ratios help investors to determine whether Pioneer Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pioneer with respect to the benefits of owning Pioneer Floating security.