Pioneer High Income Closed Fund - Asset Resilience Ratio
Pioneer High Income Closed Fund (PHT) has an Asset Resilience Ratio of 7.51% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check strategic asset allocation of Pioneer High Income Closed Fund to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2024)
This chart shows how Pioneer High Income Closed Fund's Asset Resilience Ratio has changed over time. See PHT equity financing ratio to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Pioneer High Income Closed Fund's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Pioneer High Income Closed Fund (PHT) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $26.48 Million | 7.51% |
| Total Liquid Assets | $26.48 Million | 7.51% |
Asset Resilience Insights
- Limited Liquidity: Pioneer High Income Closed Fund maintains only 7.51% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Pioneer High Income Closed Fund Industry Peers by Asset Resilience Ratio
Compare Pioneer High Income Closed Fund's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Smart Agro LP
TA:SMAG |
Asset Management | 25.62% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.00% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
|
Insignia Financial Ltd
AU:IFL |
Asset Management | 5.74% |
|
MFF Capital Investments Ltd
AU:MFF |
Asset Management | 93.74% |
|
BlackRock Capital Allocation Trust
NYSE:BCAT |
Asset Management | 0.01% |
|
Wam Leaders Ltd
AU:WLE |
Asset Management | 95.44% |
Annual Asset Resilience Ratio for Pioneer High Income Closed Fund (2015–2024)
The table below shows the annual Asset Resilience Ratio data for Pioneer High Income Closed Fund.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-03-31 | 7.51% | $26.48 Million | $352.58 Million | +7.53pp |
| 2023-03-31 | -0.02% | $-79.97K | $331.50 Million | +0.01pp |
| 2022-03-31 | -0.03% | $-130.77K | $380.65 Million | -0.01pp |
| 2021-03-31 | -0.02% | $-83.59K | $414.52 Million | +0.34pp |
| 2020-03-31 | -0.36% | $-1.15 Million | $314.03 Million | -0.37pp |
| 2019-03-31 | 0.01% | $34.93K | $420.97 Million | -0.09pp |
| 2018-03-31 | 0.09% | $410.68K | $434.54 Million | -- |
| 2017-03-31 | 0.00% | $0.00 | $444.02 Million | -- |
| 2016-03-31 | 0.00% | $0.00 | $399.45 Million | -- |
| 2015-03-31 | 0.00% | $0.00 | $502.75 Million | -- |
About Pioneer High Income Closed Fund
Pioneer High Income Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar… Read more