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Pioneer High Income Fund, Inc. (PHT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Pioneer High Income Fund, Inc. (PHT)

Equity · Currency in USD · Last updated Sep 4, 2024

Company Info

ISINUS72369H1068
CUSIP72369H106
SectorFinancial Services
IndustryAsset Management

Highlights

Market Cap$231.21M
EPS (TTM)$1.23
PE Ratio6.41
Total Revenue (TTM)$27.28M
Gross Profit (TTM)$25.06M
EBITDA (TTM)$9.85M
Year Range$5.95 - $7.89
Short Ratio0.16

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Pioneer High Income Fund, Inc.

Popular comparisons: PHT vs. VWEHX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Pioneer High Income Fund, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
10.37%
8.31%
PHT (Pioneer High Income Fund, Inc.)
Benchmark (^GSPC)

S&P 500

Returns By Period

Pioneer High Income Fund, Inc. had a return of 16.75% year-to-date (YTD) and 23.80% in the last 12 months. Over the past 10 years, Pioneer High Income Fund, Inc. had an annualized return of 1.48%, while the S&P 500 had an annualized return of 10.69%, indicating that Pioneer High Income Fund, Inc. did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date16.75%15.91%
1 month2.94%3.41%
6 months10.37%8.87%
1 year23.80%22.44%
5 years (annualized)6.61%13.23%
10 years (annualized)1.48%10.69%

Monthly Returns

The table below presents the monthly returns of PHT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20243.87%1.57%3.85%-3.33%-0.36%4.20%3.80%2.41%16.75%
20239.52%0.11%-4.59%2.36%0.24%1.26%2.46%2.59%-2.69%-1.87%8.97%2.05%21.32%
2022-8.15%-5.07%-1.86%-5.05%-1.73%-4.39%2.76%0.28%-8.84%1.63%8.32%-6.08%-25.85%
20211.23%2.56%2.74%5.91%3.29%-3.16%1.28%11.42%-9.04%5.16%-2.96%-0.56%17.70%
20202.41%-7.66%-27.62%7.42%8.26%2.56%5.77%5.23%-1.40%-2.21%15.23%2.76%3.74%
20197.65%3.94%1.90%4.56%-3.17%1.53%4.31%-0.76%1.17%3.25%-0.25%3.41%30.72%
2018-0.21%-0.77%-1.00%1.86%-0.17%-0.70%-0.06%1.90%-0.05%-4.92%-3.51%-3.25%-10.55%
2017-2.00%1.77%-1.13%1.78%1.15%-0.75%1.88%-0.45%1.88%0.45%-2.44%1.55%3.61%
2016-1.47%-3.73%13.40%5.75%-5.76%3.51%4.54%1.48%0.65%-3.68%-0.91%4.44%18.08%
2015-1.63%-15.20%-8.62%1.44%-1.82%-6.73%-4.30%-0.87%-3.68%5.31%-5.68%-2.52%-37.36%
20143.11%1.36%1.70%1.84%3.43%0.58%-4.48%2.39%-3.97%3.72%1.58%-0.83%10.50%
20134.90%1.54%1.71%6.72%-6.47%0.87%0.99%-0.32%3.50%2.83%-0.04%0.92%17.89%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of PHT is 92, placing it in the top 8% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of PHT is 9292
PHT (Pioneer High Income Fund, Inc.)
The Sharpe Ratio Rank of PHT is 9696Sharpe Ratio Rank
The Sortino Ratio Rank of PHT is 9696Sortino Ratio Rank
The Omega Ratio Rank of PHT is 9696Omega Ratio Rank
The Calmar Ratio Rank of PHT is 7878Calmar Ratio Rank
The Martin Ratio Rank of PHT is 9494Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Pioneer High Income Fund, Inc. (PHT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

PHT
Sharpe ratio
The chart of Sharpe ratio for PHT, currently valued at 2.37, compared to the broader market-4.00-2.000.002.002.37
Sortino ratio
The chart of Sortino ratio for PHT, currently valued at 3.51, compared to the broader market-6.00-4.00-2.000.002.004.003.51
Omega ratio
The chart of Omega ratio for PHT, currently valued at 1.50, compared to the broader market0.501.001.501.50
Calmar ratio
The chart of Calmar ratio for PHT, currently valued at 0.84, compared to the broader market0.001.002.003.004.005.000.84
Martin ratio
The chart of Martin ratio for PHT, currently valued at 11.89, compared to the broader market-10.000.0010.0020.0011.89
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.80, compared to the broader market-4.00-2.000.002.001.80
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.46, compared to the broader market-6.00-4.00-2.000.002.004.002.46
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.32, compared to the broader market0.501.001.501.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.60, compared to the broader market0.001.002.003.004.005.001.60
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.41, compared to the broader market-10.000.0010.0020.008.41

Sharpe Ratio

The current Pioneer High Income Fund, Inc. Sharpe ratio is 2.37. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Pioneer High Income Fund, Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.00AprilMayJuneJulyAugustSeptember
2.37
1.80
PHT (Pioneer High Income Fund, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Pioneer High Income Fund, Inc. granted a 8.39% dividend yield in the last twelve months. The annual payout for that period amounted to $0.66 per share.

PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.66$0.67$0.74$0.79$0.83$0.81$0.78$0.85$0.97$1.38$1.65$1.65

Dividend yield

8.39%9.37%11.38%8.12%9.25%8.49%9.79%8.70%9.45%14.48%9.62%9.68%

Monthly Dividends

The table displays the monthly dividend distributions for Pioneer High Income Fund, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.00$0.44
2023$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.67
2022$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.74
2021$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.06$0.79
2020$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.15$0.83
2019$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.14$0.81
2018$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.13$0.78
2017$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.13$0.85
2016$0.00$0.10$0.10$0.10$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.97
2015$0.00$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.23$1.38
2014$0.00$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.28$1.65
2013$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.28$1.65

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%8.4%
Pioneer High Income Fund, Inc. has a dividend yield of 8.39%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%1,000.0%53.9%
Pioneer High Income Fund, Inc. has a payout ratio of 53.86%, which is quite average when compared to the overall market. This suggests that Pioneer High Income Fund, Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-6.10%
-2.44%
PHT (Pioneer High Income Fund, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Pioneer High Income Fund, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Pioneer High Income Fund, Inc. was 60.88%, occurring on Nov 20, 2008. Recovery took 201 trading sessions.

The current Pioneer High Income Fund, Inc. drawdown is 6.10%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.88%Jun 6, 2007371Nov 20, 2008201Sep 10, 2009572
-50.12%Jul 25, 20141425Mar 23, 2020266Apr 13, 20211691
-37.86%Sep 15, 2021274Oct 14, 2022———
-19.32%Oct 8, 201227Nov 15, 2012102Apr 16, 2013129
-17.09%Apr 15, 201026May 20, 201050Aug 2, 201076

Volatility

Volatility Chart

The current Pioneer High Income Fund, Inc. volatility is 3.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

1.00%2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
3.16%
5.67%
PHT (Pioneer High Income Fund, Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Pioneer High Income Fund, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Valuation

The Valuation section provides an assessment of the market value of Pioneer High Income Fund, Inc. compared to its peers in the Asset Management industry.

PE Ratio
50.0100.0150.0200.0250.0300.06.4
The chart displays the price to earnings (P/E) ratio for PHT in comparison to other companies of the Asset Management industry. Currently, PHT has a PE value of 6.4. This PE value is considered to be low compared to the rest of the industry.
PEG Ratio
-4.0-2.00.02.04.00.0
The chart displays the price to earnings to growth (PEG) ratio for PHT in comparison to other companies of the Asset Management industry. Currently, PHT has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Pioneer High Income Fund, Inc..

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Income Statement

Income Statement
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Values in undefined except per share items