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Pioneer High Income Fund, Inc. (PHT)

NYSE Financial Services Asset Management - Income
$8.32 ▼ -0.83%
Market Cap
$244.1M
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.74
52-Wk Range
6.62-8.47
CEO
John Francis Cogan Jr.
Country
US
Currency
USD

Pioneer High Income Fund, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $8.32, down 0.83% on the session, giving a market capitalisation of $244.1M. On trailing twelve-month figures it carries a trailing P/E of 12.42, a net margin of 74.1%. Its beta of 0.74 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
12.42
Price / Sales
9.17
Price / Book
1.02
EV / EBITDA
17.83
Gross margin
75.6%
Operating margin
74.1%
Net margin
74.1%
Return on equity
Debt / equity
0.45
Current ratio
0.98
Dividend yield
0.7%
Payout ratio
98.1%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2002-04-26
Headquarters
Boston, MA, US
About Pioneer High Income Fund, Inc.

The Pioneer High Income Fund, Inc. is a closed-end fixed income mutual fund, overseen by Pioneer Investment Management, Inc. Its investment strategy primarily targets the fixed income markets within the United States, concentrating on below-investment-grade securities. This typically includes high-yield corporate bonds, other lower-rated bonds (specifically those rated BBB- or below by Standard & Poor's or similar national rating services), and convertible securities. The fund's performance is benchmarked against the Bank of America Merrill Lynch High Yield Master II Index. Founded on April 25, 2002, it is domiciled in the United States.

Comparable companies

Pioneer High Income Fund, Inc. is most often compared with the following Financial Services names:

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