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Upturn AI SWOT - About
PHT 
Pioneer High Income Closed Fund (PHT)
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Upturn Advisory Summary
08/28/2025: PHT (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 17.79% | Avg. Invested days 58 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 236.49M USD | Price to earnings Ratio 11.85 | 1Y Target Price - |
Price to earnings Ratio 11.85 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.88 | 52 Weeks Range 6.62 - 8.10 | Updated Date 06/29/2025 |
52 Weeks Range 6.62 - 8.10 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 8.19% | Basic EPS (TTM) 0.68 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 104.21% | Operating Margin (TTM) 92.28% |
Management Effectiveness
Return on Assets (TTM) 4.27% | Return on Equity (TTM) -7.32% |
Valuation
Trailing PE 11.85 | Forward PE - | Enterprise Value 344205120 | Price to Sales(TTM) 16.72 |
Enterprise Value 344205120 | Price to Sales(TTM) 16.72 | ||
Enterprise Value to Revenue 17.14 | Enterprise Value to EBITDA - | Shares Outstanding 29341600 | Shares Floating - |
Shares Outstanding 29341600 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 31.27 |
Upturn AI SWOT
Pioneer High Income Closed Fund
Company Overview
History and Background
Pioneer High Income Closed Fund (NYSE:PHT) was founded to provide investors with a high level of current income. It invests primarily in a diversified portfolio of high-yield debt securities and other income-producing investments. Details on its exact founding year were unavailable in our search.
Core Business Areas
- High-Yield Debt Securities: Invests in below-investment-grade corporate bonds, also known as junk bonds. Seeks to maximize income while managing risk.
Leadership and Structure
The fund is managed by Amundi Pioneer Asset Management. Specific details on individual leadership team members were not readily available during our search.
Top Products and Market Share
Key Offerings
- High-Yield Investment Fund: PHT is a closed-end fund focused on high-yield debt. Market share is difficult to ascertain precisely for closed-end funds as they do not compete for flows in the same way as open-ended mutual funds or ETFs. Competitors include other closed-end high-yield funds. Metrics like Assets Under Management (AUM) are more relevant than market share. Competitors include: Eaton Vance High Income 2021 Target Term Trust (EHT), Eagle Point Credit Company (ECC).
Market Dynamics
Industry Overview
The high-yield bond market is influenced by factors like interest rates, economic growth, credit spreads, and investor sentiment. Demand for high-yield debt increases during economic expansions and decreases during recessions.
Positioning
PHT aims to provide a high level of current income through a diversified portfolio of high-yield debt. Its competitive advantages depend on its portfolio management team's skill in selecting securities and managing risk.
Total Addressable Market (TAM)
The total addressable market is the overall high-yield debt market. PHT's position within this TAM is determined by the size of its AUM and its investment strategy.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Diversified Portfolio
- High Current Income Potential
Weaknesses
- Exposure to Credit Risk
- Interest Rate Sensitivity
- Market Volatility
Opportunities
- Rising Interest Rate Environment (potentially)
- Economic Growth
- Distressed Debt Investing
Threats
- Economic Recession
- Rising Interest Rates
- Increased Regulatory Scrutiny
Competitors and Market Share
Key Competitors
- EHT
- ECC
Competitive Landscape
PHT competes with other high-yield closed-end funds based on factors like investment strategy, distribution rate, expense ratio, and historical performance. It also competes with open-ended high-yield mutual funds and ETFs. This comparison is done by AUM relative to market size.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is assessed by analyzing the fund's NAV performance and AUM growth over time. Trends in distribution rates are also important.
Future Projections: Future projections are based on analysts' estimates of high-yield bond market performance and the fund's ability to generate income and capital appreciation.
Recent Initiatives: Recent initiatives may include changes in portfolio composition, leverage, or distribution policy.
Summary
Pioneer High Income Closed Fund focuses on high yield debt investments. Its strengths include its income potential and experienced management, but it faces risks from economic downturns and interest rate hikes. The fund offers a valuable option for income-seeking investors. However, monitoring credit risk and economic trends is crucial. The absence of recent acquisitions is a neutral factor.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Outlets
- Company Website
- Third-Party Financial Data Providers
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual risk tolerance and due diligence. Market share data is estimated and may not be precise. AUM market share calculated based on approximate size compared to total market cap of high yield assets.
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 High Income Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 2002-04-26 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
Pioneer High Income Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar national rating service. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch High Yield Master II Index. Pioneer High Income Fund, Inc. was formed on April 25, 2002 and is domiciled in the United States.
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