Pioneer Floating Rate Trust Shares of Beneficial Interest

Symbol: PHD     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:6.83%
Dividend per Share:$ 0.7225
Next Ex-Div Date:2019-06-17
Next Div Payout:$ 0.0602
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate+0.12 %+1.05%
Ø 5yr Growth Rate-0.94 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 10.59
Week 52 high:$ 11.43
Week 52 low:$ 9.56
Marketcap$ 262,224,644
Return on Equity-55.37 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The Fund is a non-diversified closed-end management investment company with the primarily investment objective of seeking to provide a high level of current income. Capital preservation is the secondary investment objective. Under normal market conditions, it invests at least 80% of its assets in senior floating rate loans. These Senior Loans are made to corporations, partnerships and other business entities that operate in various industries and geographical regions, including non-US borrowers. It may invest in Senior Loans and other securities of any credit quality and there is no minimum portion of its portfolio that must be rated investment grade. Up to10% of its total assets may be invested in Senior Loans and other securities of non-US issuers, including emerging market issuers, and it may engage in certain hedging transactions.

Tags:  Asset Management    Financial Services