Pioneer High Income Closed Fund (PHT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pioneer High Income Closed Fund (PHT) has a cash flow conversion efficiency ratio of 0.046x as of March 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 ($11.16 Million) by net assets ($240.22 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Pioneer High Income Closed Fund to measure how much of total assets are equity-financed.
Pioneer High Income Closed Fund - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Pioneer High Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PHT cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Pioneer High Income Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pioneer High Income Closed Fund ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pihlajalinna Oy
HE:PIHLIS
|
0.091x |
|
CSLM Digital Asset Acquisition Corp III, Ltd
NASDAQ:KOYN
|
-0.002x |
|
Runway Growth Finance Corp
NASDAQ:RWAY
|
0.009x |
|
Gaon Group Ltd
TA:GAGR
|
0.123x |
|
Synopex Inc
KQ:025320
|
0.012x |
|
W&T Offshore Inc
NYSE:WTI
|
-0.154x |
|
Daesung Finetec Co.Ltd
KQ:104040
|
-0.005x |
|
BTB Real Estate Investment Trust
TO:BTB-UN
|
0.024x |
Annual Cash Flow Conversion Efficiency for Pioneer High Income Closed Fund (2007–2025)
The table below shows the annual cash flow conversion efficiency of Pioneer High Income Closed Fund from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see PHT market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $240.22 Million | $18.38 Million | 0.077x | -7.97% |
| 2024-03-31 | $239.85 Million | $19.94 Million | 0.083x | -44.47% |
| 2023-03-31 | $222.90 Million | $33.38 Million | 0.150x | +145.73% |
| 2022-03-31 | $261.91 Million | $15.96 Million | 0.061x | +37.56% |
| 2021-03-31 | $279.87 Million | $12.40 Million | 0.044x | -82.31% |
| 2020-03-31 | $211.86 Million | $53.05 Million | 0.250x | +241.61% |
| 2019-03-31 | $289.56 Million | $21.22 Million | 0.073x | -5.77% |
| 2018-03-31 | $307.41 Million | $23.91 Million | 0.078x | -17.13% |
| 2017-03-31 | $312.76 Million | $29.36 Million | 0.094x | -57.79% |
| 2016-03-31 | $271.90 Million | $60.47 Million | 0.222x | +378.65% |
| 2015-03-31 | $344.35 Million | $16.00 Million | 0.046x | -72.19% |
| 2014-03-31 | $406.88 Million | $67.99 Million | 0.167x | +146.18% |
| 2009-03-31 | $345.07 Million | $-124.87 Million | -0.362x | -516.72% |
| 2008-03-31 | $516.31 Million | $-30.29 Million | -0.059x | -158.73% |
| 2007-03-31 | $601.57 Million | $60.10 Million | 0.100x | -- |
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