Pioneer Diversified High IT
Pioneer Diversified High Income Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets across the globe. The fund seeks to invest in higher yielding asset classes, including high yield bonds, leveraged bank loans, and event-linked bonds .It employs a combination of fundamental and quantitative analys… Read more
Pioneer Diversified High IT (HNW) - Net Assets
Latest net assets as of April 2025: $102.86 Million USD
Based on the latest financial reports, Pioneer Diversified High IT (HNW) has net assets worth $102.86 Million USD as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($146.65 Million) and total liabilities ($43.79 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $102.86 Million |
| % of Total Assets | 70.14% |
| Annual Growth Rate | -3.22% |
| 5-Year Change | -21.24% |
| 10-Year Change | -25.77% |
| Growth Volatility | 19.06 |
Pioneer Diversified High IT - Net Assets Trend (2008–2025)
This chart illustrates how Pioneer Diversified High IT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pioneer Diversified High IT (2008–2025)
The table below shows the annual net assets of Pioneer Diversified High IT from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $102.86 Million | -1.36% |
| 2024-04-30 | $104.28 Million | +6.66% |
| 2023-04-30 | $97.77 Million | -13.62% |
| 2022-04-30 | $113.18 Million | -13.33% |
| 2021-04-30 | $130.59 Million | +24.39% |
| 2020-04-30 | $104.99 Million | -22.15% |
| 2019-04-30 | $134.85 Million | -5.28% |
| 2018-04-30 | $142.37 Million | -3.35% |
| 2017-04-30 | $147.31 Million | +6.31% |
| 2016-04-30 | $138.57 Million | -9.59% |
| 2015-04-30 | $153.28 Million | -8.00% |
| 2014-04-30 | $166.61 Million | -2.93% |
| 2013-04-30 | $171.65 Million | +6.52% |
| 2012-04-30 | $161.15 Million | -6.79% |
| 2011-04-30 | $172.88 Million | +51.90% |
| 2009-04-30 | $113.81 Million | -36.60% |
| 2008-04-30 | $179.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pioneer Diversified High IT's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5289333500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $170.51 Million | 165.77% |
| Total Equity | $102.86 Million | 100.00% |
Pioneer Diversified High IT Competitors by Market Cap
The table below lists competitors of Pioneer Diversified High IT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIYM39
SA:BIYM39
|
$117.70K |
|
Fitell Corporation Ordinary Shares
NASDAQ:FTEL
|
$117.87K |
|
ARGO GROUP LTD DL-01
F:IW6
|
$117.88K |
|
Indexa Capital Group, S.A.
MC:INDXA
|
$117.91K |
|
Ecopetrol SA
STU:ECHA
|
$117.56K |
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$117.48K |
|
Guangdong Hongjing Optoelectronic Technology Inc.
SHE:301479
|
$117.47K |
|
Jyske Invest Lange Obligationer
CO:JYILOB
|
$117.38K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pioneer Diversified High IT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 104,280,131 to 102,861,874, a change of -1,418,257 (-1.4%).
- Net income of 11,104,718 contributed positively to equity growth.
- Dividend payments of 12,522,975 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.10 Million | +10.8% |
| Dividends Paid | $12.52 Million | -12.17% |
| Total Change | $- | -1.36% |
Book Value vs Market Value Analysis
This analysis compares Pioneer Diversified High IT's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.62x to 1.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-04-30 | $21.01 | $12.95 | x |
| 2012-04-30 | $19.51 | $12.95 | x |
| 2013-04-30 | $20.69 | $12.95 | x |
| 2014-04-30 | $20.13 | $12.95 | x |
| 2015-04-30 | $17.59 | $12.95 | x |
| 2016-04-30 | $16.32 | $12.95 | x |
| 2017-04-30 | $17.67 | $12.95 | x |
| 2018-04-30 | $17.15 | $12.95 | x |
| 2019-04-30 | $16.18 | $12.95 | x |
| 2020-04-30 | $12.60 | $12.95 | x |
| 2021-04-30 | $15.67 | $12.95 | x |
| 2022-04-30 | $13.58 | $12.95 | x |
| 2023-04-30 | $11.73 | $12.95 | x |
| 2024-04-30 | $12.51 | $12.95 | x |
| 2025-04-30 | $12.34 | $12.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pioneer Diversified High IT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 79.00%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.43x
- Recent ROE (10.80%) is above the historical average (2.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -0.13% | -1.38% | 0.06x | 1.54x | $-18.18 Million |
| 2009 | -39.85% | -220.03% | 0.13x | 1.40x | $-56.74 Million |
| 2011 | 13.15% | 96.97% | 0.09x | 1.46x | $5.45 Million |
| 2012 | 2.33% | 89.70% | 0.02x | 1.45x | $-12.36 Million |
| 2013 | 15.61% | 98.28% | 0.11x | 1.43x | $9.63 Million |
| 2014 | 8.05% | 97.45% | 0.06x | 1.43x | $-3.25 Million |
| 2015 | 1.08% | 82.70% | 0.01x | 1.46x | $-13.67 Million |
| 2016 | -1.59% | 0.00% | -0.01x | 1.43x | $-16.06 Million |
| 2017 | 14.10% | 97.91% | 0.10x | 1.48x | $6.03 Million |
| 2018 | 3.91% | 93.62% | 0.03x | 1.47x | $-8.68 Million |
| 2019 | 1.47% | 86.30% | 0.01x | 1.49x | $-11.50 Million |
| 2020 | -19.12% | 0.00% | -0.13x | 1.45x | $-30.57 Million |
| 2021 | 28.18% | 98.78% | 0.19x | 1.49x | $23.74 Million |
| 2022 | -5.69% | 0.00% | -0.03x | 1.52x | $-17.76 Million |
| 2023 | -5.53% | 0.00% | -0.04x | 1.46x | $-15.19 Million |
| 2024 | 14.87% | 96.23% | 0.11x | 1.42x | $5.08 Million |
| 2025 | 10.80% | 79.00% | 0.10x | 1.43x | $818.53K |
Industry Comparison
This section compares Pioneer Diversified High IT's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pioneer Diversified High IT (HNW) | $102.86 Million | -0.13% | 0.43x | $117.64K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |