Pioneer High Income Closed Fund (PHT) — Cash Flow Quality Index

Latest as of March 2025: 5.65x

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 Pioneer High Income Closed Fund operating cash flow efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

5.65x
Operating CF / Net Income

Operating Cash Flow

$11.16 Million
USD

Net Income

$1.98 Million
USD

Data as of

Mar 2025
Most recent filing

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. Check PHT capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

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. For live market cap and the full company financial profile, see market value of 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.