Pioneer Floating Rate Fund, Inc. (PHD)
Pioneer Floating Rate Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.95, down 0.10% on the session, giving a market capitalisation of $123.1M. On trailing twelve-month figures it carries a trailing P/E of 7.43, a net margin of 96.5%. Its beta of 0.37 implies it has historically moved less than the broad market.
The Pioneer Floating Rate Fund, Inc. (PHD) operates as a closed-end mutual fund, with its oversight and management provided by Pioneer Investment Management, Inc. This investment vehicle primarily allocates capital to senior secured floating-rate loans within the United States' fixed income markets. To benchmark its performance, the fund measures itself against the Barclays U.S. High Yield Loans Index. Established on October 6, 2004, the fund is domiciled in the United States.
Pioneer Floating Rate Fund, Inc. is most often compared with the following Financial Services names: