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Upturn AI SWOT - About
MAV 
Pioneer Municipal High Income Advantage Trust (MAV)
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Upturn Advisory Summary
08/25/2025: MAV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 3.23% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/25/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 198.49M USD | Price to earnings Ratio 103.75 | 1Y Target Price - |
Price to earnings Ratio 103.75 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.76 | 52 Weeks Range 7.62 - 9.10 | Updated Date 06/29/2025 |
52 Weeks Range 7.62 - 9.10 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 4.70% | Basic EPS (TTM) 0.08 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.41% | Operating Margin (TTM) 85.5% |
Management Effectiveness
Return on Assets (TTM) 2.79% | Return on Equity (TTM) 0.66% |
Valuation
Trailing PE 103.75 | Forward PE - | Enterprise Value 246651440 | Price to Sales(TTM) 14.02 |
Enterprise Value 246651440 | Price to Sales(TTM) 14.02 | ||
Enterprise Value to Revenue 83.3 | Enterprise Value to EBITDA - | Shares Outstanding 23914400 | Shares Floating - |
Shares Outstanding 23914400 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 58.64 |
Upturn AI SWOT
Pioneer Municipal High Income Advantage Trust
Company Overview
History and Background
Pioneer Municipal High Income Advantage Trust (MAV) is a closed-end management investment company. The Trust was formed to seek high current income exempt from federal income tax, to the extent consistent with prudent investment risk.
Core Business Areas
- Municipal Bond Investments: Invests primarily in a portfolio of tax-exempt municipal securities. Focuses on high-yield, lower-rated bonds to achieve higher income.
Leadership and Structure
The fund is managed by Amundi Asset Management US, Inc. The portfolio management team is comprised of experienced fixed-income professionals.
Top Products and Market Share
Key Offerings
- Municipal Bonds: MAV's main offering is access to a diversified portfolio of municipal bonds, primarily those considered high-yield or lower-rated. Market share is not directly applicable to closed-end funds like MAV, as they compete for investor capital rather than holding a share of a specific product market. Competitors are other closed-end municipal bond funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, tax policies, and the financial health of state and local governments. Demand is driven by investors seeking tax-exempt income.
Positioning
MAV is positioned as a high-income municipal bond fund, targeting investors willing to accept higher risk for potentially higher returns. Its competitive advantage lies in its experienced management team and focus on undervalued municipal securities.
Total Addressable Market (TAM)
The total US municipal bond market is several trillion dollars. MAV's TAM is the portion of that market accessible to closed-end funds focused on high-yield municipal bonds. MAV is positioned to capture a segment of the TAM by attracting investors seeking higher tax-exempt income.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Focus on high-yield municipal bonds
- Potential for high tax-exempt income
- Active management
Weaknesses
- Higher risk due to focus on lower-rated bonds
- Sensitivity to interest rate changes
- Market volatility can impact net asset value (NAV)
- Limited liquidity compared to open-end funds or ETFs
Opportunities
- Rising demand for tax-exempt income in a high-tax environment
- Potential for undervalued municipal bonds in specific sectors or geographies
- Ability to leverage expertise to identify attractive investment opportunities
Threats
- Rising interest rates
- Changes in tax laws
- Credit risk associated with lower-rated municipal bonds
- Economic downturn impacting state and local government finances
Competitors and Market Share
Key Competitors
- NUW
- NUV
- VFL
- MUB
Competitive Landscape
MAV competes with other closed-end municipal bond funds for investor capital. Its success depends on its ability to deliver competitive returns and manage risk effectively.
Growth Trajectory and Initiatives
Historical Growth: MAV's growth is tied to its ability to generate income and manage its NAV. Historical performance is influenced by market conditions and the fund's investment strategy.
Future Projections: Future growth depends on the fund's ability to navigate the municipal bond market effectively and maintain its competitive advantage.
Recent Initiatives: Recent initiatives may include adjusting portfolio allocations to optimize income and manage risk in response to changing market conditions.
Summary
Pioneer Municipal High Income Advantage Trust (MAV) offers investors a chance to gain tax-exempt income via municipal bonds. Its focus on high-yield bonds results in higher income potential, but also involves higher risk. Interest rates and changes to tax law create risks to manage. The fund needs to continue to deliver consistent income to compete with similar products.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Amundi Asset Management US, Inc. Website
- Third-party financial data providers
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is an estimate based on available data, and I do not have access to real-time financial data sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Pioneer Municipal High Income Advantage Trust
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2003-10-16 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
Pioneer Municipal High Income Advantage Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index. It was formerly known as Pioneer Municipal Advantage Trust. Pioneer Municipal High Income Advantage Fund, Inc. was formed on August 6, 2003 and is domiciled in the United States.
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