Pioneer High Income Closed Fund (PHT) — Financial Flexibility Index

Latest as of March 2025: 0.10x

Pioneer High Income Closed Fund (PHT) has a Financial Flexibility Index of 0.10x as of March 2025. Free cash flow of $11.16 Million (operating CF $11.16 Million minus capex $3.00) represents 0% of total liabilities ($116.53 Million). Check how aggressively does Pioneer High Income Closed Fund reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

$11.16 Million
Operating CF − Capex

Total Liabilities

$116.53 Million
USD

Capital Expenditures

$3.00
USD

Pioneer High Income Closed Fund Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for Pioneer High Income Closed Fund across 15 annual periods. For the full cash flow conversion analysis, see how efficiently does Pioneer High Income Closed Fund generate cash.

Annual Financial Flexibility Index for Pioneer High Income Closed Fund (2007–2025)

Year-by-year free cash flow to debt coverage for Pioneer High Income Closed Fund. Explore Pioneer High Income Closed Fund (PHT) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.16x $18.38 Million $18.38 Million $116.53 Million ▼ -10.8%
2024 0.18x $19.94 Million $19.94 Million $112.73 Million ▼ -42.4%
2023 0.31x $33.38 Million $33.38 Million $108.60 Million ▲ +128.6%
2022 0.13x $15.96 Million $15.96 Million $118.74 Million ▲ +46.0%
2021 0.09x $12.40 Million $12.40 Million $134.65 Million ▼ -82.3%
2020 0.52x $53.05 Million $53.05 Million $102.17 Million ▲ +221.5%
2019 0.16x $21.22 Million $21.22 Million $131.42 Million ▼ -14.1%
2018 0.19x $23.91 Million $23.91 Million $127.13 Million ▼ -15.9%
2017 0.22x $29.36 Million $29.36 Million $131.27 Million ▼ -52.8%
2016 0.47x $60.47 Million $60.47 Million $127.55 Million ▲ +369.4%
2015 0.10x $16.00 Million $16.00 Million $158.40 Million ▼ -75.7%
2014 0.42x $67.99 Million $67.99 Million $163.28 Million ▲ +112.1%
2009 -3.43x $-124.87 Million $-124.87 Million $36.42 Million ▼ -46.8%
2008 -2.34x $-30.29 Million $-30.29 Million $12.97 Million ▼ -249.9%
2007 1.56x $60.10 Million $60.10 Million $38.57 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities