Pioneer Floating Rate Trust (PHD) - Total Assets
Based on the latest financial reports, Pioneer Floating Rate Trust (PHD) holds total assets worth $190.96 Million USD as of May 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Pioneer Floating Rate Trust - Total Assets Trend (2006–2024)
This chart illustrates how Pioneer Floating Rate Trust's total assets have evolved over time, based on quarterly financial data. Also see PHD company net worth for the company's overall valuation and market capitalisation.
Pioneer Floating Rate Trust - Asset Composition Analysis
Current Asset Composition (November 2024)
Pioneer Floating Rate Trust's total assets of $190.96 Million consist of 0.1% current assets and 99.9% non-current assets. Review PHD current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $4.63 Million | 2.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Pioneer Floating Rate Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Pioneer Floating Rate Trust share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pioneer Floating Rate Trust's current assets represent 0.1% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 3.4% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 2.3% of total assets.
Pioneer Floating Rate Trust Competitors by Total Assets
Key competitors of Pioneer Floating Rate Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senvest Capital Inc.
TO:SEC
|
Canada | CA$6.06 Billion |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI
|
USA | $691.82 Million |
|
Sprott Physical Silver
TO:PSLV
|
Canada | CA$9.40 Billion |
|
Janus Henderson Group PLC
F:HDJA
|
Germany | €8.29 Billion |
|
Compagnie du Cambodge
PA:CBDG
|
France | €6.94 Billion |
|
Fair Oaks Income Limited
LSE:FAIR
|
UK | $236.01 Million |
|
Central Securities Corporation
NYSE MKT:CET
|
USA | $1.79 Billion |
|
A.F.P. Habitat
SN:HABITAT
|
Chile | CL$772.89 Billion |
Pioneer Floating Rate Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.56 | 0.01 | 0.37 |
| Quick Ratio | 0.56 | 0.01 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.85 Million | $-7.24 Million | $-70.84 Million |
Pioneer Floating Rate Trust - Advanced Valuation Insights
This section examines the relationship between Pioneer Floating Rate Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.99 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | 4.4% |
| Total Assets | $198.90 Million |
| Market Capitalization | $123.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pioneer Floating Rate Trust's assets below their book value (0.62x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Pioneer Floating Rate Trust's assets grew by 4.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Pioneer Floating Rate Trust (2006–2024)
The table below shows the annual total assets of Pioneer Floating Rate Trust from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $198.90 Million | +4.41% |
| 2023-11-30 | $190.50 Million | +3.05% |
| 2022-11-30 | $184.86 Million | -16.72% |
| 2021-11-30 | $221.96 Million | -42.88% |
| 2020-11-30 | $388.57 Million | -15.84% |
| 2019-11-30 | $461.72 Million | +2.36% |
| 2018-11-30 | $451.07 Million | -3.40% |
| 2017-11-30 | $466.92 Million | -2.99% |
| 2016-11-30 | $481.31 Million | +2.84% |
| 2015-11-30 | $468.00 Million | -5.26% |
| 2014-11-30 | $494.00 Million | -3.16% |
| 2013-11-30 | $510.14 Million | -1.82% |
| 2012-11-30 | $519.62 Million | +21.57% |
| 2008-11-30 | $427.41 Million | -38.44% |
| 2007-11-30 | $694.30 Million | -9.53% |
| 2006-11-30 | $767.42 Million | -- |
About Pioneer Floating Rate Trust
Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was form… Read more