NYSE:PHDPioneer Floating Rate Trust Stock Price, Forecast & News

$8.83

+0.08 (+0.91 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$8.77

Now: $8.83▼

$8.87

50-Day Range

$7.52

MA: $8.43▼

$8.66

52-Week Range

$5.80

Now: $8.83▼

$11.21

Volume92,145 shs

Average Volume101,066 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.07%

BetaN/A

Pioneer Floating Rate Trust 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 Trust was formed on October 6, 2004 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Pioneer Floating Rate Trust.

2.4 Community Rank

Outperform Votes
Pioneer Floating Rate Trust has received 98 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pioneer Floating Rate Trust has received 104 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pioneer Floating Rate Trust has received 51.49% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Pioneer Floating Rate Trust and other stocks. Vote “Outperform” if you believe PHD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PHD will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Pioneer Floating Rate Trust is a leading dividend payer. It pays a dividend yield of 0.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Pioneer Floating Rate Trust has only been increasing its dividend for 1 years.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pioneer Floating Rate Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,830,872.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:PHD

Previous Symbol

CUSIPN/A

CIK1305767

Webus.pioneerinvestments.com

Phone617-422-4700

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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Pioneer Floating Rate Trust (NYSE:PHD) Frequently Asked Questions

How has Pioneer Floating Rate Trust's stock been impacted by COVID-19 (Coronavirus)?

Pioneer Floating Rate Trust's stock was trading at $9.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PHD stock has decreased by 8.5% and is now trading at $8.83. View which stocks have been most impacted by Coronavirus.

How often does Pioneer Floating Rate Trust pay dividends? What is the dividend yield for Pioneer Floating Rate Trust?

Pioneer Floating Rate Trust declared a monthly dividend on Tuesday, May 5th. Stockholders of record on Tuesday, May 19th will be given a dividend of $0.06 per share on Friday, May 29th. This represents a $0.72 annualized dividend and a yield of 8.15%. The ex-dividend date of this dividend is Monday, May 18th. View Pioneer Floating Rate Trust's dividend history.

Has Pioneer Floating Rate Trust been receiving favorable news coverage?

News stories about PHD stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Pioneer Floating Rate Trust earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned news stories about the investment management company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutPioneer Floating Rate Trust.

Who are some of Pioneer Floating Rate Trust's key competitors?

Some companies that are related to Pioneer Floating Rate Trust include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and Blackrock Credit Allocation Income Trust (BTZ). View all competitors.

What other stocks do shareholders of Pioneer Floating Rate Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pioneer Floating Rate Trust investors own include IBM (IBM), Intel (INTC), Gilead Sciences (GILD), Allergan (AGN), Amgen (AMGN), Caci International (CACI), CVS Health (CVS), Delta Air Lines (DAL), First Trust High Income Long/short Fund (FSD) and GALAPAGOS NV/S (GLPG).

Who are Pioneer Floating Rate Trust's key executives?

Pioneer Floating Rate Trust's management team includes the following people:

Ms. Lisa M. Jones, Chief Exec. Officer and Pres
Mr. Vincent Nave, Chief Financial Officer and Principal Accounting Officer (Age 73)
Ms. Jean M. Bradley, Chief Compliance officer (Age 66)
Mr. Christopher J. Kelley, Sec. (Age 54)
Mr. Mark E. Bradley, Treasurer (Age 59)

What is Pioneer Floating Rate Trust's stock symbol?

Pioneer Floating Rate Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHD."

Who are Pioneer Floating Rate Trust's major shareholders?

Pioneer Floating Rate Trust's stock is owned by many different institutional and retail investors. Top institutional investors include Saba Capital Management L.P. (0.00%), RiverNorth Capital Management LLC (0.00%), Capital Investment Advisors LLC (0.00%), Invesco Ltd. (0.00%), Baillie Gifford & Co. (0.00%) and Morgan Stanley (0.00%). View institutional ownership trends for Pioneer Floating Rate Trust.

Which major investors are selling Pioneer Floating Rate Trust stock?

PHD stock was sold by a variety of institutional investors in the last quarter, including Lake Street Financial LLC, Virtus ETF Advisers LLC, Citigroup Inc., Parametric Portfolio Associates LLC, Capital Investment Advisors LLC, Wells Fargo & Company MN, CNH Partners LLC, and Commonwealth Equity Services LLC. View insider buying and selling activity for Pioneer Floating Rate Trust.

Which major investors are buying Pioneer Floating Rate Trust stock?

PHD stock was bought by a variety of institutional investors in the last quarter, including RiverNorth Capital Management LLC, Morgan Stanley, Saba Capital Management L.P., Almitas Capital LLC, Matisse Capital, Advisor Group Holdings Inc., RMB Capital Management LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity for Pioneer Floating Rate Trust.

How do I buy shares of Pioneer Floating Rate Trust?

Shares of PHD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pioneer Floating Rate Trust's stock price today?

One share of PHD stock can currently be purchased for approximately $8.83.

What is Pioneer Floating Rate Trust's official website?

The official website for Pioneer Floating Rate Trust is us.pioneerinvestments.com.

How can I contact Pioneer Floating Rate Trust?

Pioneer Floating Rate Trust's mailing address is 60 State St, BOSTON, MA 02109-1800, United States. The investment management company can be reached via phone at 617-422-4700.

This page was last updated on 5/27/2020 by MarketBeat.com Staff