Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Pioneer Municipal High Income Trust (MHI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
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 was founded to provide investors with high current income exempt from federal income tax, consistent with capital preservation.
Core Business Areas
- Municipal Bond Investments: Invests primarily in a portfolio of tax-exempt municipal bonds. Focuses on generating high current income while managing risk through diversification and credit analysis.
Leadership and Structure
The fund is managed by Amundi Asset Management US, Inc. Leadership consists of experienced portfolio managers and analysts specializing in municipal bonds. Structure involves a board of trustees overseeing fund operations and adherence to investment objectives.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bond Portfolio: A diversified portfolio of municipal bonds aiming to generate high current income exempt from federal income tax. Market share information for specific municipal bond fund portfolios is not publicly available in a consolidated format. Competitors include other closed-end municipal bond funds from firms like BlackRock, Nuveen, and Eaton Vance.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors like interest rates, credit quality of issuers, and tax policy. Demand is driven by investors seeking tax-advantaged income.
Positioning
Pioneer Municipal High Income Trust is positioned as a high-income provider within the municipal bond space. Competitive advantage lies in its experienced management team and rigorous credit analysis.
Total Addressable Market (TAM)
The total municipal bond market is in the trillions. The fund's TAM is a portion of this, focusing on investors seeking high-yield, tax-exempt income. Exact value is hard to determine because of the large market, but the trust focuses on a specific segment of high yield bonds in the municipal market.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- High Current Income
- Tax-Exempt Benefits
- Diversified Portfolio
Weaknesses
- Interest Rate Sensitivity
- Credit Risk
- Market Volatility
- Discount to NAV
Opportunities
- Rising Interest Rate Environment (potentially)
- Increased Demand for Tax-Advantaged Investments
- Distressed Municipal Bonds
- Strategic Acquisitions
Threats
- Economic Downturn
- Tax Law Changes
- Increased Competition
- Municipal Credit Downgrades
Competitors and Market Share
Key Competitors
- BlackRock MuniYield Fund, Inc. (MYI)
- Nuveen Municipal High Income Opportunity Fund (NMZ)
- Eaton Vance Municipal Income Trust (EVN)
Competitive Landscape
MAV competes on yield, expense ratio, and portfolio management expertise. It needs to maintain a competitive edge in terms of return and risk-adjusted performance compared to its peers.
Growth Trajectory and Initiatives
Historical Growth: Growth is linked to the growth of the municipal bond market and the fund's ability to generate returns. Fund performance relative to its benchmark determines growth.
Future Projections: Future growth relies on interest rate movements, credit risk management, and investor demand. Analyst estimates are unavailable without real-time data.
Recent Initiatives: Focus on active portfolio management and credit selection to enhance returns. Specific initiatives depend on market conditions.
Summary
Pioneer Municipal High Income Trust is a closed-end fund focused on providing tax-exempt income through municipal bond investments. Its strengths lie in experienced management and high current yield, but it faces risks from interest rate fluctuations and credit concerns. The fund aims to maintain its competitive position by optimizing its portfolio and managing risks. External factors like tax law changes and economic conditions may impact its future performance.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Financial News Outlets
- Investment Research Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market conditions and company performance can change rapidly. Conduct thorough research before making investment decisions.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.