Pioneer High Income:PHT

    Manage Alerts


    As of 7/10/2020

    52 Wk Avg$8.57$9.32-8.28%
    52 Wk High$10.03$10.35-2.63%
    52 Wk Low$5.04$6.69-23.98%
    Regular Distribution TypeIncome Only
    Distribution Rate10.56%
    Distribution Amount$0.0675
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    At least 80% of its assets are invested in below investment grade debt securities, loans and preferred stocks. These securities are rated Ba/BB or lower or are unrated. Junk bonds are generally considered speculative. The investment objective is a high level of current income with a secondary objective of capital appreciation. It invests primarily in securities of U.S. issuers, but it may invest up to 25% of its total assets in debt securities of foreign issuers including both developed and emerging markets.

    Capital Structure

    As of 7/10/2020

    Total Investment Exposure:$372.593M
    Total Common Assets:$247.593M
    Common Shares Outstanding:29,231,771

    As of 3/31/2018

    Preferred Share Assets:
    Total Debt (USD): $125.000M
    Regulatory Leverage (USD): $125.000M
    Effective Leverage (USD): $125.000M
    Effective Leverage (%): 33.55%
    Annual Expense Ratios

    As of 3/31/2020

      Per Common Share
    Management Fees0.86%
    Other Expenses:0.12%
    Baseline Expense: N/A
    Interest Expense:1.37%
    Total: 2.35%
    Fund Management

    Fund Sponsor
    Pioneer Advisors, LLC

    Portfolio Managers
    Andrew Feltus

    Category: Fixed Income - Taxable-High Yield
    Ticker: PHT
    NAV Ticker: XPHTX
    Average Daily Volume (shares): 127,629
    Average Daily Volume (USD): $1.054M
    Inception Date: 4/26/2002
    Inception Share Price: $15.00
    Inception NAV: $14.33
    Tender Offer: No
    Term: No
    Fiscal Year End: March 31
    Third Party Links & Reports


    As of 7/10/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2020
    Annualized Distribution Rate on NAV:
    As of 7/10/2020
    Total Return on NAV (12 months):
    As of 7/10/2020
    Avg. Portfolio Coupon:
    As of 7/10/2020
    Total % Portfolio Effectively Leveraged:
    As of 7/10/2020

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/10/2020

    PeriodAvg Discount
    6 Month-9.55%
    1 Year-8.28%
    3 Year-9.49%
    5 Year-6.37%

    As of 7/10/2020

    3 Month1.62
    6 Month0.03
    1 Year-0.39
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 6/30/2020
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2020
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/10/2020
    Number of Holdings:
    As of 5/31/2020
    Annual Portfolio Turnover:
    As of 3/31/2020
    Average Bond Price:
    As of 5/31/2020
    Asset Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2020 reported by Fund Sponsor

    Corporate (Super Sector)90.34%
    Corporate Bond81.64%
    Bank Loan3.40%
    Cash Equivalents (Super Sector)3.30%
    Cash Equivalents3.30%
    Securitized (Super Sector)3.00%
    Preferred Stock1.57%
    Government Commercial Mortgage Backed1.38%
    Agency Mortgage Backed1.24%
    Top Holdings

    As of 5/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    MERITOR INC 7.88%$4.62M1.38%
    The Hanover Insurance Group, Inc. 7.62%$4.53M1.36%
    Liberty Mutual Insurance Company 7.7%$4.43M1.33%
    West Street Merger Sub Inc 6.38%$4.39M1.31%
    Liberty Mutual Group, Inc. 10.75%$4.37M1.31%
    Hercules Incorporated 6.5%$4.31M1.29%
    Prime Securities Services Borrower, LLC and Prime Finance, Inc. 6.25%$4.05M1.21%
    Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca$3.83M1.15%
    Indigo Natural Resources LLC 6.88%$3.74M1.12%
    Cardtronics plc 5.5%$3.66M1.10%
    Credit Quality

    As of 5/31/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 5/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income68.35%
    Canada - Fixed Income5.09%
    Others - Fixed Income2.95%
    Brazil - Fixed Income1.63%
    Mexico - Fixed Income0.93%
    United States - Equity0.92%
    Netherlands - Fixed Income0.88%
    France - Fixed Income0.84%
    Spain - Fixed Income0.75%
    Israel - Fixed Income0.60%
    Italy - Fixed Income0.55%
    United Kingdom - Fixed Income0.54%
    Greece - Fixed Income0.41%
    Lithuania - Fixed Income0.40%
    Ireland - Fixed Income0.34%
    Singapore - Fixed Income0.32%
    Argentina - Fixed Income0.30%
    Portugal - Fixed Income0.29%
    Russia - Fixed Income0.25%
    Israel - Equity0.07%
    Spain - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.