Pioneer Floating Rate Trust (PHD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pioneer Floating Rate Trust (PHD) has a cash flow conversion efficiency ratio of 0.054x as of May 2025. 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 ($6.68 Million) by net assets ($124.13 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 Floating Rate Trust liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Pioneer Floating Rate Trust - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Pioneer Floating Rate Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Pioneer Floating Rate Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pioneer Floating Rate Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DIO Corporation
KQ:039840
|
0.015x |
|
Spigen Korea Co. Ltd
KQ:192440
|
0.019x |
|
Mincon Group plc
IR:MIO
|
0.007x |
|
Reef Casino Trust
AU:RCT
|
0.925x |
|
Torque Metals Ltd
AU:TOR
|
-0.008x |
|
D O Green Technologies Bhd
KLSE:7204
|
0.022x |
|
CSU Digital S.A.
SA:CSUD3
|
-0.626x |
|
Carbios
PA:ALCRB
|
-0.090x |
Annual Cash Flow Conversion Efficiency for Pioneer Floating Rate Trust (2006–2024)
The table below shows the annual cash flow conversion efficiency of Pioneer Floating Rate Trust from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see PHD market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | $127.87 Million | $13.55 Million | 0.106x | +22.17% |
| 2023-11-30 | $124.86 Million | $10.83 Million | 0.087x | -48.35% |
| 2022-11-30 | $122.37 Million | $20.55 Million | 0.168x | -86.32% |
| 2021-11-30 | $143.23 Million | $175.78 Million | 1.227x | +532.19% |
| 2020-11-30 | $276.23 Million | $53.62 Million | 0.194x | +108.63% |
| 2019-11-30 | $292.73 Million | $27.24 Million | 0.093x | +47.58% |
| 2018-11-30 | $297.90 Million | $18.78 Million | 0.063x | +8.46% |
| 2017-11-30 | $307.20 Million | $17.86 Million | 0.058x | +41.50% |
| 2016-11-30 | $309.31 Million | $12.71 Million | 0.041x | -11.77% |
| 2015-11-30 | $304.36 Million | $14.17 Million | 0.047x | -54.70% |
| 2014-11-30 | $317.24 Million | $32.60 Million | 0.103x | +124.95% |
| 2008-11-30 | $415.15 Million | $-170.98 Million | -0.412x | -3658.00% |
| 2007-11-30 | $676.07 Million | $7.83 Million | 0.012x | -84.90% |
| 2006-11-30 | $712.88 Million | $54.65 Million | 0.077x | -- |
About Pioneer Floating Rate Trust
Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was form… Read more