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Upturn AI SWOT - About
Pioneer Municipal High Income Trust (MHI)
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Upturn Advisory Summary
07/03/2025: MHI (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.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 208.59M USD | Price to earnings Ratio 4.43 | 1Y Target Price - |
Price to earnings Ratio 4.43 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.83 | 52 Weeks Range 8.63 - 9.74 | Updated Date 06/29/2025 |
52 Weeks Range 8.63 - 9.74 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 4.59% | Basic EPS (TTM) 2.07 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 279.99% | Operating Margin (TTM) 84.39% |
Management Effectiveness
Return on Assets (TTM) 3.03% | Return on Equity (TTM) 22.38% |
Valuation
Trailing PE 4.43 | Forward PE - | Enterprise Value 258531408 | Price to Sales(TTM) 12.41 |
Enterprise Value 258531408 | Price to Sales(TTM) 12.41 | ||
Enterprise Value to Revenue 4.36 | Enterprise Value to EBITDA - | Shares Outstanding 22771300 | Shares Floating - |
Shares Outstanding 22771300 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 67.55 |
Upturn AI SWOT
Pioneer Municipal High Income Trust
Company Overview
History and Background
Pioneer Municipal High Income Trust (NYSE: MHI) is a closed-end investment fund. It focuses on providing a high level of current income exempt from federal income tax, consistent with preservation of capital. The fund has been operating for several years, adjusting its strategies to navigate the municipal bond market.
Core Business Areas
- Municipal Bond Investments: MHI primarily invests in a diverse portfolio of municipal bonds. These bonds are issued by state and local governments and are generally exempt from federal income tax.
- Leverage: MHI utilizes leverage to enhance returns. This involves borrowing funds to invest in additional municipal bonds.
Leadership and Structure
The fund is managed by Amundi Asset Management US, Inc. The portfolio management team consists of experienced professionals specializing in municipal bonds.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: MHI offers a diversified portfolio of municipal bonds, providing investors with tax-exempt income. Market share data specifically for MHI's share of the municipal bond fund market is not readily available. Competitors include other closed-end municipal bond funds such as BlackRock MuniYield Investment Quality Fund (MFT), Nuveen AMT-Free Quality Municipal Income Fund (NEA), and Eaton Vance Municipal Income Trust (EVN).
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of issuers, and federal tax policies. Demand for municipal bonds is generally high among investors seeking tax-exempt income.
Positioning
MHI aims to provide a high level of tax-exempt income through active management of its municipal bond portfolio. Its competitive advantage lies in its experienced management team and leveraged investment strategy.
Total Addressable Market (TAM)
The total US municipal bond market is estimated to be in the trillions of dollars. MHI's position is as a niche player offering a high-yield, actively managed strategy, targeting investors seeking tax-advantaged income.
Upturn SWOT Analysis
Strengths
- Experienced management team
- High level of tax-exempt income
- Diversified municipal bond portfolio
- Leveraged investment strategy
Weaknesses
- Leverage increases risk
- Vulnerability to interest rate fluctuations
- Market sentiment
- Dependence on management expertise
Opportunities
- Rising demand for tax-exempt income
- Potential for capital appreciation in certain municipal bonds
- Expansion of investment mandate
- Innovative financial models
Threats
- Rising interest rates
- Credit downgrades of municipal bond issuers
- Changes in federal tax policy
- Increased competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- MFT
- NEA
- EVN
Competitive Landscape
MHI competes with other closed-end municipal bond funds. Its advantage lies in its active management and targeted high yield, but is constrained by increased volatility through the use of leverage, which is a competitive disadvantage compared to the other companies.
Growth Trajectory and Initiatives
Historical Growth: Unable to fulfill since access to real time financial data requires specific access.
Future Projections: Unable to fulfill since access to real time financial data requires specific access.
Recent Initiatives: Unable to fulfill since access to real time financial data requires specific access.
Summary
Pioneer Municipal High Income Trust (MHI) aims to provide high tax-exempt income through leveraged investments in municipal bonds. Its experienced management team and diversified portfolio are strengths, but leverage increases risk. Rising interest rates and credit downgrades pose threats. MHI needs to be strategic about risk and capitalize on opportunities like rising demand for tax-exempt income to maintain its competitive edge.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Amundi Asset Management US, Inc. - Pioneer Municipal High Income Trust Website
- SEC Filings
- Various Financial News Outlets and Market Analysis Reports.
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions and individual investment strategies may vary. Market share estimates are approximations based on available data.
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 Trust
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2003-07-18 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index and Barclays High Yield Municipal Bond Index. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States.
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