PHD · Pioneer Floating Rate Trust

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Admin

4 years ago

Pioneer Floating Rate Trust is currently in a long term uptrend where the price is trading 10.4% above its 200 day moving average.

From a valuation standpoint, the stock is 634.8% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 66.6.

Pioneer Floating Rate Trust's total revenue sank by 0.0% to $6M since the same quarter in the previous year.

Its net income has dropped by 0.0% to $2M since the same quarter in the previous year.

Finally, its free cash flow fell by 10.6% to $6M since the same quarter in the previous year.

Based on the above factors, Pioneer Floating Rate Trust gets an overall score of 1/5.

Exchange	NYSE
CurrencyCode	USD
ISIN	US72369J1025
Sector	Financial Services
Industry	Asset Management

Market Cap	115M
PE Ratio	6.95
Target Price	None
Dividend Yield	9.7%
Beta	0.4

ABOUT

Pioneer Floating Rate Trust

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.

PHD · Pioneer Floating Rate Trust

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Pioneer Floating Rate Trust

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Backtest Pioneer Floating Rate Trust using a moving average strategy