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. See Pioneer Municipal High Income Advantage (MAV) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Conduent Inc
NASDAQ:CNDT
|
0.047x |
|
Caswell Inc
TW:6416
|
-0.038x |
|
Inversora Juramento SA
BA:INVJ
|
-0.033x |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
|
-0.256x |
|
SEEING MACHINES LTD
F:M2Z
|
N/A |
|
Ligitek Electronics Co Ltd
TWO:8111
|
0.096x |
|
Som Distilleries & Breweries Limited
NSE:SDBL
|
0.110x |
|
Alector Inc
NASDAQ:ALEC
|
-1.360x |
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. For the full company profile with market capitalisation and key ratios, see MAV market cap overview.
| 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