Pioneer High Income Closed Fund (PHT) — Cash Flow Quality Index
Pioneer High Income Closed Fund (PHT) has a Cash Flow Quality Index of 5.65x as of March 2025. Operating cash flow of $11.16 Million exceeds net income of $1.98 Million, indicating high earnings quality where cash backs reported profits. Explore PHT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pioneer High Income Closed Fund Cash Flow Quality Index (2007–2025)
Historical Cash Flow Quality Index for Pioneer High Income Closed Fund across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PHT cash flow conversion.
Annual Cash Flow Quality Index for Pioneer High Income Closed Fund (2007–2025)
Year-by-year earnings quality comparison for Pioneer High Income Closed Fund.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.93x | $18.38 Million | $19.73 Million | ▲ +70.0% |
| 2024 | 0.55x | $19.94 Million | $36.39 Million | ▼ -81.8% |
| 2022 | 3.02x | $15.96 Million | $5.29 Million | ▲ +2148.0% |
| 2021 | 0.13x | $12.40 Million | $92.41 Million | ▼ -96.8% |
| 2019 | 4.17x | $21.22 Million | $5.09 Million | ▲ +204.2% |
| 2018 | 1.37x | $23.91 Million | $17.45 Million | ▲ +217.3% |
| 2017 | 0.43x | $29.36 Million | $67.99 Million | ▼ -71.1% |
| 2014 | 1.49x | $67.99 Million | $45.56 Million | ▲ +68.3% |
| 2007 | 0.89x | $60.10 Million | $67.78 Million | — |