Pioneer Municipal High Income Advantage Trust (MAV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pioneer Municipal High Income Advantage Trust (MAV) has a cash flow conversion efficiency ratio of 0.013x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.54 Million) by net assets ($275.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Pioneer Municipal High Income Advantage (MAV) total market value for the company's overall valuation and market capitalisation.
Pioneer Municipal High Income Advantage Trust - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Pioneer Municipal High Income Advantage Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Pioneer Municipal High Income Advantage Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pioneer Municipal High Income Advantage Trust ranked by their cash flow conversion efficiency. Explore MAV operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nordic Aqua Partners As
OL:NOAP
|
0.005x |
|
Beijing Chieftain Control Engineering Technology Co Ltd
SHE:300430
|
-0.034x |
|
Conduent Inc
NASDAQ:CNDT
|
0.047x |
|
Pizza Pizza Royalty Corp.
TO:PZA
|
0.025x |
|
SEEING MACHINES LTD
F:M2Z
|
N/A |
|
Asflow Co. Ltd.
KQ:159010
|
-0.025x |
|
Unison Co. Ltd
KQ:018000
|
-0.080x |
|
Hong Leong Capital Bhd
KLSE:5274
|
-0.159x |
Annual Cash Flow Conversion Efficiency for Pioneer Municipal High Income Advantage Trust (2007–2025)
The table below shows the annual cash flow conversion efficiency of Pioneer Municipal High Income Advantage Trust from 2007 to 2025. View MAV live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $212.51 Million | $10.98 Million | 0.052x | -88.52% |
| 2024-03-31 | $220.08 Million | $99.09 Million | 0.450x | +214.35% |
| 2023-03-31 | $364.54 Million | $52.21 Million | 0.143x | +224.53% |
| 2022-03-31 | $257.05 Million | $11.34 Million | 0.044x | +164.90% |
| 2021-03-31 | $290.61 Million | $-19.76 Million | -0.068x | -177.57% |
| 2020-03-31 | $281.37 Million | $24.67 Million | 0.088x | +56.11% |
| 2019-03-31 | $439.25 Million | $24.67 Million | 0.056x | -0.51% |
| 2018-03-31 | $437.01 Million | $24.67 Million | 0.056x | -0.72% |
| 2017-03-31 | $433.85 Million | $24.67 Million | 0.057x | -- |
| 2016-03-31 | $449.02 Million | $0.00 | 0.000x | -- |
| 2015-03-31 | $450.33 Million | $0.00 | 0.000x | -- |
| 2009-03-31 | $361.15 Million | $-73.33 Million | -0.203x | -175.50% |
| 2008-03-31 | $458.56 Million | $-33.80 Million | -0.074x | -195.69% |
| 2007-03-31 | $511.97 Million | $39.43 Million | 0.077x | -- |
About Pioneer Municipal High Income Advantage Trust
Pioneer Municipal High Income Advantage Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capita… Read more