Pioneer High Income Closed Fund Cash Flow Conversion Efficiency
Pioneer High Income Closed Fund 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.
Cash Flow Conversion Efficiency of Pioneer High Income Closed Fund (2007–2025)
Cash flow conversion efficiency of Pioneer High Income Closed Fund from 2007 to 2025. This chart illustrates how Pioneer High Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Pioneer High Income Closed Fund for real-time trading data and today's change.
Pioneer High Income Closed Fund Cash Flow Conversion Ratio Explained
Pioneer High Income Closed Fund cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Pioneer High Income Closed Fund (PHT) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DB Financial Investment Co Ltd
KO:016610
|
-0.271x |
|
Huafang Co Ltd
SHG:600448
|
0.148x |
|
Lanzhou Zhuangyuan Pasture Co Ltd
SHE:002910
|
0.059x |
|
Shattuck Labs Inc
NASDAQ:STTK
|
-0.096x |
|
Fulcrum Therapeutics Inc
NASDAQ:FULC
|
-0.072x |
|
Cypherpunk Technologies Inc.
NASDAQ:CYPH
|
-0.019x |
|
Hefei Jingsong Intelligent Technology Co. Ltd. A
SHG:688251
|
N/A |
|
National Aerospace Fasteners Corp
TW:3004
|
-0.010x |
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. Review cash generation quality of Pioneer High Income Closed Fund to assess how much free cash flow the company generates relative to operating cash flow.
| 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