Pioneer Floating Rate Trust (PHD) — Cash Flow Quality Index
Pioneer Floating Rate Trust (PHD) has a Cash Flow Quality Index of 3.42x as of May 2025. Operating cash flow of $6.68 Million exceeds net income of $1.95 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Pioneer Floating Rate Trust service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pioneer Floating Rate Trust Cash Flow Quality Index (2006–2024)
Historical Cash Flow Quality Index for Pioneer Floating Rate Trust across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PHD operating cash flow.
Annual Cash Flow Quality Index for Pioneer Floating Rate Trust (2006–2024)
Year-by-year earnings quality comparison for Pioneer Floating Rate Trust.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.81x | $13.55 Million | $16.65 Million | ▲ +18.5% |
| 2023 | 0.69x | $10.83 Million | $15.76 Million | ▼ -94.7% |
| 2021 | 12.92x | $175.78 Million | $13.60 Million | ▼ -54.9% |
| 2020 | 28.65x | $53.62 Million | $1.87 Million | ▲ +1268.4% |
| 2019 | 2.09x | $27.24 Million | $13.01 Million | ▼ -5.0% |
| 2018 | 2.20x | $18.78 Million | $8.52 Million | ▲ +96.2% |
| 2017 | 1.12x | $17.86 Million | $15.90 Million | ▲ +101.2% |
| 2016 | 0.56x | $12.71 Million | $22.76 Million | ▼ -83.0% |
| 2015 | 3.29x | $14.17 Million | $4.31 Million | ▲ +41.1% |
| 2014 | 2.33x | $32.60 Million | $14.00 Million | ▲ +506.0% |
| 2007 | 0.38x | $7.83 Million | $20.37 Million | ▼ -53.7% |
| 2006 | 0.83x | $54.65 Million | $65.90 Million | — |