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

Company Info

ISIN
US72369H1068
CUSIP
72369H106
IPO Date
Apr 26, 2002

Highlights

Total Revenue (TTM)
$61.06M
Gross Profit (TTM)
$44.16M
EBITDA (TTM)
$26.14M
Year Range
$6.62 - $8.40

Share Price Chart


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Pioneer High Income Fund, Inc.

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.


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S&P 500 Index

Returns By Period


Pioneer High Income Fund, Inc.

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.18%-0.07%-1.07%-1.45%5.48%2.72%1.05%2.46%0.00%12.78%
20243.87%1.57%3.85%-3.33%-0.36%4.20%3.80%2.41%2.22%-2.20%2.78%-1.59%18.21%
20239.52%0.10%-4.59%2.37%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%-5.06%-1.73%-4.39%2.76%0.28%-8.84%1.63%8.32%-6.08%-25.86%
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%-27.61%7.42%8.26%2.56%5.77%5.23%-1.40%-2.21%15.23%2.76%3.74%

Benchmark Metrics

Pioneer High Income Fund, Inc. has an annualized alpha of 4.84%, beta of 0.57, and R² of 0.26 versus S&P 500 Index. Calculated based on daily prices since April 29, 2002.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (75.72%) than losses (73.38%) — typical of diversified or defensive assets.
  • Beta of 0.57 may look defensive, but with R² of 0.26 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.26 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.84%
Beta
0.57
0.26
Upside Capture
75.72%
Downside Capture
73.38%

Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Pioneer High Income Fund, Inc. (PHT) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

Pioneer High Income Fund, Inc. provided a 2.64% dividend yield over the last twelve months, with an annual payout of $0.22 per share.


8.00%9.00%10.00%11.00%12.00%13.00%14.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.402015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018201720162015
Dividend$0.22$0.66$0.67$0.74$0.79$0.83$0.81$0.78$0.78$0.97$1.38

Dividend yield

2.64%8.52%9.37%11.38%8.12%9.25%8.49%9.79%8.03%9.45%14.48%

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
2025$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.00$0.00$0.39
2024$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.66
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

Dividend Yield & Payout


Dividend Yield

Pioneer High Income Fund, Inc. has a dividend yield of 2.64%, which is quite average when compared to the overall market.

Payout Ratio

Pioneer High Income Fund, Inc. has a payout ratio of 72.15%, 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.


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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 60.87%, occurring on Nov 20, 2008. Recovery took 201 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.87%Jun 6, 2007371Nov 20, 2008201Sep 10, 2009572
-50.45%Nov 13, 20141347Mar 23, 2020266Apr 13, 20211613
-37.87%Sep 15, 2021274Oct 14, 2022645May 13, 2025919
-19.32%Oct 8, 201227Nov 15, 2012102Apr 16, 2013129
-17.09%Apr 15, 201026May 20, 201050Aug 2, 201076

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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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 overview of how Pioneer High Income Fund, Inc. is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items