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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 investment fund. It was established to provide investors with high current income exempt from federal income tax, consistent with preservation of capital. While the exact founding year is difficult to pinpoint, it aligns with the broader Pioneer Investments' offerings of closed-end funds.
Core Business Areas
- Municipal Bond Investments: MAV invests primarily in a diversified portfolio of municipal bonds and other fixed-income securities that generate income exempt from federal income tax. The fund may also invest in taxable municipal securities.
Leadership and Structure
MAV is managed by Amundi Asset Management US, Inc. as the investment advisor. The fund has a board of trustees that oversees the management and operations of the fund.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: MAV's primary offering is a diversified portfolio of municipal bonds designed to provide high current income that is exempt from federal income tax. Market share data for individual closed-end funds is not readily available. Competitors include other closed-end municipal bond funds and municipal bond ETFs.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors like interest rates, tax policy, and the creditworthiness of state and local governments. Demand for tax-exempt income drives investment in this sector.
Positioning
MAV is positioned as a high-income municipal bond fund seeking to provide tax-advantaged returns. Its competitive advantage lies in its active management and portfolio diversification.
Total Addressable Market (TAM)
The Total Addressable Market (TAM) for municipal bonds is in the trillions of dollars. Pioneer Municipal High Income Advantage Trust is positioned to capture a share of this market by offering a high-income, tax-exempt investment option.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Diversified Municipal Bond Portfolio
- Tax-Exempt Income
- High Current Yield
Weaknesses
- Interest Rate Sensitivity
- Credit Risk of Municipal Bonds
- Discount to Net Asset Value (NAV)
- Closed-End Fund Structure (limited liquidity)
Opportunities
- Rising Demand for Tax-Exempt Income
- Potential for Capital Appreciation in a Favorable Interest Rate Environment
- Expansion of Municipal Bond Market
- Increased Investor Education on Closed-End Funds
Threats
- Rising Interest Rates
- Deterioration of Municipal Credit Quality
- Changes in Tax Laws
- Competition from Other Fixed-Income Investments
Competitors and Market Share
Key Competitors
- NUV
- VFL
- NVG
Competitive Landscape
MAV competes with other closed-end municipal bond funds and ETFs. Its competitive advantage lies in its active management and ability to generate high current income. Disadvantages include its potential discount to NAV and interest rate sensitivity.
Growth Trajectory and Initiatives
Historical Growth: MAV's growth is largely tied to the performance of the municipal bond market and its ability to generate income. Monitor its historical NAV performance and distribution growth.
Future Projections: Future projections depend on factors like interest rate trends, municipal bond market conditions, and the fund's investment strategy. Analyst estimates for closed-end funds are less common than for publicly traded companies.
Recent Initiatives: Monitor any recent changes to MAV's investment strategy, expense ratio, or distribution policy. These initiatives can impact future performance.
Summary
Pioneer Municipal High Income Advantage Trust is a closed-end fund that is focused on income generation through investments in municipal bonds. Its strength lies in its experienced management team and diversified portfolio, but rising interest rates and credit risk in the municipal market pose challenges. The fund aims to maintain a high distribution rate, providing tax-exempt income to investors. Careful monitoring of market conditions and fund performance is crucial for investors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Amundi Asset Management US, Inc. Website
- SEC Filings
- Financial Data Providers (e.g., Bloomberg, Reuters)
- Morningstar
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data and fund information are subject to change. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor.
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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