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Upturn AI SWOT - About
PHD 
Pioneer Floating Rate Trust (PHD)
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Upturn Advisory Summary
08/28/2025: PHD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 30.11% | Avg. Invested days 69 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 121.40M USD | Price to earnings Ratio 7.32 | 1Y Target Price - |
Price to earnings Ratio 7.32 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.35 | 52 Weeks Range 8.25 - 10.05 | Updated Date 06/29/2025 |
52 Weeks Range 8.25 - 10.05 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 9.17% | Basic EPS (TTM) 1.34 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 91.01% | Operating Margin (TTM) 90.55% |
Management Effectiveness
Return on Assets (TTM) 5.26% | Return on Equity (TTM) 13.17% |
Valuation
Trailing PE 7.32 | Forward PE - | Enterprise Value 181240848 | Price to Sales(TTM) 6.64 |
Enterprise Value 181240848 | Price to Sales(TTM) 6.64 | ||
Enterprise Value to Revenue 10.52 | Enterprise Value to EBITDA - | Shares Outstanding 12374900 | Shares Floating - |
Shares Outstanding 12374900 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 37.42 |
Upturn AI SWOT
Pioneer Floating Rate Trust
Company Overview
History and Background
Pioneer Floating Rate Trust (PHD) is a closed-end management investment company. Founded to provide a high level of current income consistent with capital preservation. The Trust invests primarily in floating rate loans and other floating rate debt instruments.
Core Business Areas
- Investment Management: Manages a portfolio of floating rate loans and debt instruments. The Trust aims to provide current income and capital preservation.
Leadership and Structure
The fund is managed by Amundi Asset Management US, Inc. Leadership structure includes a board of trustees overseeing the management team.
Top Products and Market Share
Key Offerings
- Floating Rate Loans: Investment in floating rate loans, primarily senior secured loans. Market share data is not directly available at the fund level but depends on its portfolio holdings within the broader floating rate loan market. Competitors include other closed-end funds and ETFs specializing in leveraged loans (e.g., Eaton Vance Senior Income Trust (EVF), BlackRock Floating Rate Income Trust (BGT)).
Market Dynamics
Industry Overview
The floating rate loan market is influenced by interest rate environments, credit spreads, and economic conditions. Demand is driven by investors seeking protection against rising interest rates.
Positioning
PHD positions itself as an income-generating investment, focusing on floating rate instruments to mitigate interest rate risk.
Total Addressable Market (TAM)
The total addressable market is the entire leveraged loan market, estimated to be in the trillions of dollars. PHD holds a small fraction of this market; its positioning is to capture a portion by providing specialized access and management expertise.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio of floating rate loans
- Potential for higher income in rising interest rate environments
Weaknesses
- Exposure to credit risk of underlying borrowers
- Potential for NAV erosion in declining interest rate environments
- Closed-end fund structure can lead to trading at a discount to NAV
Opportunities
- Increasing demand for floating rate investments
- Expansion of investment universe within the leveraged loan market
- Active management to enhance returns
Threats
- Economic downturn leading to increased defaults
- Increased competition from other floating rate funds
- Changes in regulations affecting the leveraged loan market
Competitors and Market Share
Key Competitors
- EVF
- BGT
- JFR
- EFT
Competitive Landscape
PHD competes with other closed-end funds and ETFs offering exposure to leveraged loans. Its advantages depend on its investment strategy, management expertise, and expense ratio. Disadvantages include the potential for trading at a discount to NAV.
Growth Trajectory and Initiatives
Historical Growth: Growth is linked to the expansion of the leveraged loan market and the fund's ability to generate income. Historical growth would be assessed by reviewing past NAV and dividend performance.
Future Projections: Future projections require analyst estimates and market forecasts. They would depend on expectations for interest rates and economic growth.
Recent Initiatives: Recent initiatives would be outlined in the fund's reports and press releases and focus on portfolio management and strategy updates.
Summary
Pioneer Floating Rate Trust (PHD) offers investors exposure to floating rate loans and aims to provide current income. Its performance is linked to the leveraged loan market and interest rate environment. PHD faces competition from other funds and ETFs in the space and is subject to credit and interest rate risks. The fund's management team plays a crucial role in navigating the market conditions and generating returns for investors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Amundi Asset Management US, Inc. (Fund Website)
- SEC Filings (Fund Reports)
- Financial News Outlets
Disclaimers:
The data provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share figures are estimations based on available data and may not be exact. Financial data is not real-time and may be delayed.
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 Floating Rate Trust
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2004-12-23 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
Pioneer Floating Rate Fund, Inc. is 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 senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was formed on October 6, 2004 and is domiciled in the United States.
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