Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) Net Margin % : 101.38% (As of Oct. 2023)

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What is Pioneer Municipal Highome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Pioneer Municipal Highome Trust's Net Income for the six months ended in Oct. 2023 was $-36.34 Mil. Pioneer Municipal Highome Trust's Revenue for the six months ended in Oct. 2023 was $-35.85 Mil. Therefore, Pioneer Municipal Highome Trust's net margin for the quarter that ended in Oct. 2023 was 101.38%.

The historical rank and industry rank for Pioneer Municipal Highome Trust's Net Margin % or its related term are showing as below:

MHI' s Net Margin % Range Over the Past 10 Years
Min: 55.45 Med: 97.61 Max: 113.73
Current: 55.45

MHI's Net Margin % is ranked worse than
63.33% of 1666 companies
in the Asset Management industry
Industry Median: 86.785 vs MHI: 55.45

Pioneer Municipal Highome Trust Net Margin % Historical Data

The historical data trend for Pioneer Municipal Highome Trust's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pioneer Municipal Highome Trust Net Margin % Chart

Pioneer Municipal Highome Trust Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Net Margin %

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97.81

91.10

97.41

101.58

113.73

Pioneer Municipal Highome Trust Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Net Margin %	Get a 7-Day Free Trial								82.48	100.37	100.73	99.25	101.38

Competitive Comparison of Pioneer Municipal Highome Trust's Net Margin %

For the Asset Management subindustry, Pioneer Municipal Highome Trust's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pioneer Municipal Highome Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pioneer Municipal Highome Trust's Net Margin % falls into.

Pioneer Municipal Highome Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Pioneer Municipal Highome Trust's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin	=	Net Income (A: Apr. 2023 )	/	Revenue (A: Apr. 2023 )
	=	-4.871	/	-4.283
	=	113.73 %

Pioneer Municipal Highome Trust's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	-36.34	/	-35.845
	=	101.38 %

Pioneer Municipal Highome Trust (NYSE:MHI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Pioneer Municipal Highome Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Pioneer Municipal Highome Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Municipal High Income Trust (NYSE:MHI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.amundi.com

Pioneer Municipal High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income exempt from regular federal income tax and capital appreciation. The trust invests in various sectors such as health, education, tobacco, facilities, transportation, utilities, airport, water, and other sectors.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Yana Karalnik	officer: CHIEF COMPLIANCE OFFICER	60 STATE STREET, BOSTON MA 02109
Banc Of America Preferred Funding Corp	10 percent owner	214 NORTH TRYON STREET, CHARLOTTE NC 28255
Michael Melnick	officer: Assistant Treasurer	60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr	officer: Treasurer	60 STATE STREET, BOSTON MA 02109
Craig C Mackay	officer: Trustee	75 WEST 125TH STREET, NEW YORK NY 10027
Mark Edward Bradley	officer: Treasurer	60 STATE STREET, BOSTON MA 02109
Diane Durnin	other: Trustee	60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr.	other: Trustee	60 STATE STREET, BOSTON MA 02109
John Michael Malone	officer: Chief Compliance Officer	60 STATE STREET, BOSTON MA 02019
Group Ag Ubs	10 percent owner	BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wfc Holdings Corp	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Wells Fargo Municipal Capital Strategies, Llc	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152