Pioneer High Income:PHT

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$9.92$9.771.54%
    52 Wk Avg$8.74$9.19-5.11%
    52 Wk High$10.16$9.774.23%
    52 Wk Low$7.31$8.36-12.75%
    Regular Distribution TypeIncome Only
    Distribution Rate8.77%
    Distribution Amount$0.0725
    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 6/11/2021

    Total Investment Exposure:$408.594M
    Total Common Assets:$285.594M
    Common Shares Outstanding:29,231,771
    Leverage

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $123.000M
    Regulatory Leverage (USD): $123.000M
    Effective Leverage (USD): $123.000M
    Effective Leverage (%): 30.10%
    Annual Expense Ratios

    As of 3/31/2021

      Per Common Share
    Management Fees0.86%
    Other Expenses:0.20%
    Baseline Expense: N/A
    Interest Expense:0.54%
    Total: 1.60%
    Fund Management

    Fund Sponsor
    Pioneer Advisors, LLC

    Portfolio Managers
    Andrew Feltus

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: PHT
    NAV Ticker: XPHTX
    Average Daily Volume (shares): 87,710
    Average Daily Volume (USD): $0.765M
    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 6/11/2021

    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 3/31/2021
    $0.4165
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    8.90%
    Total Return on NAV (12 months):
    As of 6/11/2021
    29.74%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    7.16%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    30.10%

    Pricing Information

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

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-1.59%
    1 Year-5.11%
    3 Year-8.00%
    5 Year-7.32%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month0.41
    6 Month1.09
    1 Year1.51
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD16.73%6.24%10.46%4.01%
    20203.64%1.82%1.13%3.11%
    201930.72%18.37%21.79%13.91%
    2018-10.54%-6.47%-5.54%-2.01%
    20173.61%11.52%9.77%9.23%
    201618.28%21.92%19.94%16.22%
    2015-37.19%-10.12%-4.93%-4.43%
    201411.09%-3.22%2.04%2.36%
    201318.44%13.95%2.61%9.80%
    20121.65%22.38%16.41%20.47%
    201124.16%3.71%11.14%4.54%
    201022.74%24.72%19.84%18.51%
    2009105.92%103.15%72.15%54.64%
    2008-33.42%-41.44%  
    2007-13.49%1.90%  
    200622.34%14.66%  
    200511.37%7.02%  
    200414.90%16.33%  
    200334.11%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 5/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    7.16%
    Average Maturity:
    As of 4/30/2021
    5.08 yrs
    Number of Holdings:
    As of 4/30/2021
    362
    Annual Portfolio Turnover:
    As of 3/31/2021
    50.00%
    Average Bond Price:
    As of 4/30/2021
    $107.74
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)93.87%
    Corporate Bond84.73%
    Convertible4.58%
    Securitized (Super Sector)3.72%
    Bank Loan2.81%
    Government Commercial Mortgage Backed2.27%
    Preferred Stock1.74%
    Agency Mortgage Backed1.41%
    Government (Super Sector)0.95%
    Sensitive (Super Sector)0.79%
    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    The Hanover Insurance Group, Inc. 7.62%$4.80M1.19%
    Liberty Mutual Insurance Company 7.7%$4.61M1.15%
    Liberty Mutual Group, Inc. 10.75%$4.49M1.11%
    Prime Securities Services Borrower, LLC and Prime Finance, Inc. 6.25%$4.45M1.10%
    Alliance Data Systems Corporation 7%$4.41M1.09%
    CONNECTICUT AVENUE SECURITIES TRUST 9.36%$4.24M1.05%
    Hercules Incorporated 6.5%$4.09M1.02%
    Pegasus Have Tasimaciligi As 9.25%$4.03M1.00%
    Uniti Group LP/Uniti Fiber Holdings Inc/Uniti Group Finance 2019 Inc/CSL Ca$4.03M1.00%
    MDC Partners Inc. 7.5%$4.01M1.00%
    Credit Quality

    As of 4/30/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 4/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income68.24%
    Canada - Fixed Income6.05%
    Others - Fixed Income3.02%
    United Kingdom - Fixed Income1.87%
    Mexico - Fixed Income1.23%
    Turkey - Fixed Income1.00%
    Brazil - Fixed Income0.85%
    United States - Equity0.83%
    France - Fixed Income0.78%
    Netherlands - Fixed Income0.75%
    Greece - Fixed Income0.74%
    Spain - Fixed Income0.54%
    Lithuania - Fixed Income0.53%
    China - Fixed Income0.53%
    Israel - Fixed Income0.52%
    Portugal - Fixed Income0.51%
    Italy - Fixed Income0.49%
    Germany - Fixed Income0.44%
    Peru - Fixed Income0.37%
    Ireland - Fixed Income0.28%
    Singapore - Fixed Income0.25%
    Argentina - Fixed Income0.23%
    Russia - Fixed Income0.15%
    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.

    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.

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