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Upturn AI SWOT - About
Pioneer Municipal High Income Trust (MHI)
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Upturn Advisory Summary
08/25/2025: 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.
Analysis of Past Performance
Type Stock | Historic Profit 0.75% | Avg. Invested days 40 | 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 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 (MHI) is a closed-end fund that invests in municipal securities. It aims to provide a high level of current income exempt from federal income tax, consistent with preservation of capital. The fund has been in operation for several years, adapting its investment strategies to navigate the municipal bond market.
Core Business Areas
- Municipal Bond Investments: MHI's primary business involves investing in a diversified portfolio of municipal bonds, including high-yield and investment-grade securities. Their strategy focuses on identifying undervalued assets and actively managing the portfolio to optimize returns.
Leadership and Structure
The fund is managed by Amundi Pioneer Asset Management, a global asset manager. The investment team is responsible for the day-to-day management of the portfolio and is overseen by senior leadership within Amundi Pioneer.
Top Products and Market Share
Key Offerings
- Tax-Exempt High-Yield Municipal Bonds: MHI focuses on providing tax-exempt income to investors through a diversified portfolio of municipal bonds, with a focus on high-yield opportunities. Market share data for closed-end municipal bond funds can fluctuate, but MHI is a recognized player in this segment. Competitors include Nuveen, BlackRock, and Eaton Vance.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, credit quality, and overall economic conditions. Demand for tax-exempt income drives investor interest in municipal bonds, particularly from high-net-worth individuals and institutions.
Positioning
MHI positions itself as a provider of high current income exempt from federal income tax. Its competitive advantage lies in its experienced management team and ability to identify attractive investment opportunities within the municipal bond market.
Total Addressable Market (TAM)
The TAM for municipal bonds is in the trillions of dollars. MHI is positioned to capture a segment of this market by focusing on high-yield municipal bonds, appealing to investors seeking higher tax-exempt income.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio of municipal bonds
- Focus on tax-exempt income
- Active management strategy
Weaknesses
- Exposure to credit risk in high-yield bonds
- Potential for market volatility
- Closed-end fund structure limits flexibility
- Management fees can impact returns
Opportunities
- Increasing demand for tax-exempt income
- Potential for undervalued municipal bonds
- Expansion into new municipal bond sectors
- Strategic partnerships
Threats
- Rising interest rates
- Changes in tax laws
- Economic downturn
- Increased competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- BlackRock Municipal Income Trust (BFK)
- Eaton Vance Municipal Income Trust (EVN)
Competitive Landscape
MHI faces competition from other closed-end municipal bond funds. Its success depends on its ability to generate competitive returns and attract investors seeking tax-exempt income.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been dependent on municipal bond market performance and the fund's investment strategy.
Future Projections: Future growth will depend on management's ability to generate returns in the municipal bond market.
Recent Initiatives: Recent initiatives could involve adjustments to the portfolio allocation, changes in investment strategy, or efforts to enhance shareholder value.
Summary
Pioneer Municipal High Income Trust (MHI) provides tax-exempt income through municipal bonds. Its strengths lie in an experienced management team but faces vulnerabilities due to high-yield bond exposure and market fluctuations. The fund needs to monitor interest rates, tax laws, and the competition, making it a moderate performer in the high-yield municipal bond market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Amundi Pioneer Asset Management Website
- SEC Filings
- Financial News Outlets
- Morningstar
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is estimated and subject to change.
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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