Pioneer High Income Trust:PHT

    Manage Alerts

    Overview

    As of 8/20/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$9.09$9.84-7.62%
    52 Wk Avg$8.92$9.94-10.28%
    52 Wk High$9.48$10.35-5.01%
    52 Wk Low$7.84$9.26-16.29%
    Regular Distribution TypeIncome Only
    Distribution Rate8.91%
    Distribution Amount$0.0675
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income with capital appreciation through investment in non investment grade bonds and convertible securities

    Capital Structure

    As of 8/20/2019

    Total Net Assets:$412.056M
    Total Common Assets:$287.055M
    Common Shares Outstanding:29,231,771
    Leverage

    As of 3/31/2018

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $125.000M
    Structural Leverage (USD): $125.000M
    Structural Leverage (%): 28.86%
    Effective Leverage (USD): $125.000M
    Effective Leverage (%): 28.86%
    Annual Expense Ratios

    As of 3/31/2019

      Per Common Share
    Management Fees0.85%
    Other Expenses:0.13%
    Baseline Expense: 0.98%
    Interest Expense:1.42%
    Total: 2.40%
    Fund Management

    Fund Sponsor
    Pioneer Investment Management Inc

    Portfolio Managers
    Andrew Feltus (31 Mar 2005)

    Basics
    Category: Taxable Income-High Yield
    Ticker: PHT
    NAV Ticker: XPHTX
    Average Daily Volume (shares): 113,000
    Average Daily Volume (USD): $1.006M
    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

    Distributions

    As of 8/20/2019

    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 3/31/2019
    $0.0651
    Annualized Distribution Rate on NAV:
    As of 8/20/2019
    8.23%
    Total Return on NAV (12 months):
    As of 8/20/2019
    3.55%
    Avg. UNII Per Share:
    As of 3/31/2018
    $0.0702
    Total % Portfolio Effectively Leveraged:
    As of 8/20/2019
    28.86%

    Pricing Information

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

    As of 8/20/2019

    PeriodAvg Discount
    6 Month-8.22%
    1 Year-10.28%
    3 Year-8.42%
    5 Year-0.79%
    Z-Score

    As of 8/21/2019

    PeriodZStat
    3 Month0.10
    6 Month0.50
    1 Year1.10
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/20/2019
    Category: High Yield Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.13%10.96%15.97%9.19%
    2018-10.54%-6.47%-4.09%-0.64%
    20173.61%11.52%7.97%8.22%
    201618.29%21.92%20.26%16.61%
    2015-37.19%-10.12%-7.25%-5.30%
    201411.09%-3.22%1.80%1.70%
    201318.44%13.95%4.71%9.12%
    20121.65%22.38%10.07%21.43%
    201124.16%3.71%10.79%2.77%
    201022.71%24.72%20.83%21.26%
    2009105.98%103.15%96.64%72.27%
    2008-33.38%-41.44%-42.08%-43.32%
    2007-13.49%1.90%-22.69%-12.02%
    200622.36%14.66%  
    200512.42%7.02%  
    200413.77%16.33%  
    200334.14%39.84%  
    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 8/20/2019
    Category: High Yield Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2019
    353
    Annual Portfolio Turnover:
    As of 3/31/2019
    33.00%
    Asset Allocation

    As of 4/30/2018 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2017 reported by Fund Sponsor

    Sector%Portfolio
    US High Yield Corp. 64.24%
    International High-Yield 6.79%
    Emerging Markets 6.69%
    Bank Loans 4.68%
    Cash & Equivalents 4.68%
    US Invest. Grade Corp. 4.41%
    Convertible Bonds 3.07%
    Event-linked Bonds 2.34%
    Preferred/Common Stock 1.94%
    CMBS 0.55%
    Top Holdings

    As of 11/30/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Hanover Ins Grp 7.625% 15 Oct 2025$6.08M1.45%
    United States Treasury Bills 0%$5.00M1.19%
    United States Treasury Bills 11 Dec 2018$5.00M1.19%
    Liberty Mut Grp 144A FRN 7.12 15 Jun 2058$4.61M1.10%
    Meritor Cv 7.875% 7.88 01 Mar 2026$4.37M1.04%
    Bk Amer Pfd 31 Dec 2049$4.29M1.02%
    Calpine 5.75% 5.75 15 Jan 2025$4.25M1.01%
    Hercules 30 Jun 2029$4.07M0.97%
    Resolute Engy 8.5% 8.50 01 May 2020$4.06M0.97%
    Montell Fin Co Bv 144A 8.1% 15 Mar 2027$3.94M0.94%
    EURO$3.77M0.90%
    Country Allocation

    As of 4/30/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 72.17%

    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.

    NOTES:

    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.

    EWB-854124PR-E