Pioneer High Income Closed Fund (PHT) — Defensive Interval Ratio

Latest as of March 2025: 317 days

Pioneer High Income Closed Fund (PHT) has a Defensive Interval Ratio of 317 days as of March 2025. Defensive assets of $6.37 Million (cash $-, short-term investments $-, receivables $6.37 Million) cover 317 days of daily cash needs of $20.08K/day. Check PHT goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

317 days
Days of operational coverage

Defensive Assets

$6.37 Million
Cash + ST Investments + Receivables

Daily Cash Need

$20.08K
Current Liabilities ÷ 365

Current Liabilities

$7.33 Million
USD

Pioneer High Income Closed Fund Defensive Interval Ratio (2013–2025)

This chart shows how Pioneer High Income Closed Fund's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2025, the ratio stands at 317 days, meaning defensive assets of $6.37 Million can fund 317 days of operations without new revenue. Also explore how fast is Pioneer High Income Closed Fund growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Pioneer High Income Closed Fund (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Pioneer High Income Closed Fund from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see PHT stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 317 days $6.37 Million $20.08K/day $- $- ▼ -2532 days
2024 2850 days $33.00 Million $11.58K/day $- $26.48 Million ▲ +1764 days
2023 1085 days $6.25 Million $5.76K/day $- $-79.97K ▲ +6 days
2022 1080 days $6.62 Million $6.13K/day $- $-130.77K ▲ +862 days
2021 218 days $6.96 Million $31.92K/day $- $-83.59K ▼ -1017 days
2020 1236 days $7.04 Million $5.70K/day $- $-1.15 Million ▲ +565 days
2019 671 days $8.86 Million $13.21K/day $- $34.93K ▼ -1268 days
2018 1939 days $8.30 Million $4.28K/day $- $410.68K ▲ +1237 days
2017 701 days $10.48 Million $14.94K/day $- $0.00 ▼ -1341 days
2016 2042 days $13.89 Million $6.80K/day $- $0.00 ▲ +1933 days
2015 109 days $2.21 Million $20.27K/day $- $0.00 ▼ -237 days
2014 346 days $11.59 Million $33.47K/day $- $- ▼ -81 days
2013 427 days $14.67 Million $34.36K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)