Pioneer Municipal High Income Advantage Trust Tangible Net Worth Ratio
Pioneer Municipal High Income Advantage Trust tangible net worth ratio. Pioneer Municipal High Income Advantage Trust (MAV) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($212.51 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is Pioneer Municipal High Income Advantage 's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Pioneer Municipal High Income Advantage Trust (2007–2025)
Tangible net worth ratio of Pioneer Municipal High Income Advantage Trust from 2007 to 2025. This chart shows how Pioneer Municipal High Income Advantage Trust's Tangible Net Worth Ratio has changed across 16 annual periods from 2007 to 2025. As of March 2025, the ratio stands at 100.0%, reflecting net assets of $212.51 Million with intangible assets of $0.00 USD. See MAV working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Pioneer Municipal High Income Advantage Trust Tangible Net Worth Ratio by Year (2007–2025)
Pioneer Municipal High Income Advantage Trust tangible net worth ratio by year from 2007 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Pioneer Municipal High Income Advantage Trust from 2007 to 2025, covering 16 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see MAV market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $212.51 Million | $0.00 | $263.57 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $220.08 Million | $0.00 | $271.12 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $364.54 Million | $0.00 | $365.59 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $257.05 Million | $0.00 | $439.43 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $290.61 Million | $0.00 | $471.64 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $281.37 Million | $0.00 | $441.79 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $439.25 Million | $0.00 | $440.72 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $437.01 Million | $0.00 | $437.12 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $433.85 Million | $0.00 | $434.20 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $449.02 Million | $0.00 | $459.00 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $450.33 Million | $0.00 | $450.73 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $434.21 Million | $0.00 | $434.59 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $468.66 Million | $0.00 | $481.97 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $361.15 Million | $0.00 | $365.93 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $458.56 Million | $0.00 | $464.47 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $511.97 Million | $0.00 | $513.90 Million | — |