Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Total Assets : $334.67 Mil (As of Sep. 2023)

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What is Pioneer Muni Highome Advantage Tr Total Assets?

Pioneer Muni Highome Advantage Tr's Total Assets for the quarter that ended in Sep. 2023 was $334.67 Mil.

During the past 12 months, Pioneer Muni Highome Advantage Tr's average Total Assets Growth Rate was -9.70% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was -2.30% per year.

During the past 6 years, Pioneer Muni Highome Advantage Tr's highest 3-Year average Total Assets Growth Rate was 2.60%. The lowest was -5.30%. And the median was -0.10%.

Total Assets is connected with ROA %. Pioneer Muni Highome Advantage Tr's annualized ROA % for the quarter that ended in Sep. 2023 was -14.76%. Total Assets is also linked to Revenue through Asset Turnover. Pioneer Muni Highome Advantage Tr's Asset Turnover for the quarter that ended in Sep. 2023 was -0.07.

Pioneer Muni Highome Advantage Tr Total Assets Historical Data

The historical data trend for Pioneer Muni Highome Advantage Tr's Total Assets 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 Muni Highome Advantage Tr Total Assets Chart

Pioneer Muni Highome Advantage Tr Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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440.72

441.79

471.64

439.43

365.59

Pioneer Muni Highome Advantage Tr Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial								473.42	439.43	372.31	365.59	334.67

Pioneer Muni Highome Advantage Tr Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Pioneer Muni Highome Advantage Tr's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	224.545	+	141.04
	=	365.59

Pioneer Muni Highome Advantage Tr's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	194.416	+	140.25
	=	334.67

Pioneer Muni Highome Advantage Tr (NYSE:MAV) Total Assets Explanation

Total Assets is connected with ROA %.

Pioneer Muni Highome Advantage Tr's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-51.672	/	( (365.585	+	334.667)	/ 2 )
	=	-51.672	/	350.126
	=	-14.76 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Pioneer Muni Highome Advantage Tr's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	-25.482	/	( (365.585	+	334.667)	/ 2 )
=	-25.482	/	350.126
=	-0.07

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Pioneer Muni Highome Advantage Tr Total Assets Related Terms

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Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Muni High Income Advantage Tr (NYSE:MAV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.amundi.com

Pioneer Muni High Income Advantage Tr is a closed-end fund designed to pursue high current income exempt from regular federal income tax and to seek capital appreciation. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. Geographically, its activities are carried out through the United States.

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
Diane Durnin	other: Trustee	60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr.	other: Trustee	60 STATE STREET, BOSTON MA 02109
Mark Edward Bradley	officer: Treasurer	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 Municipal Capital Strategies, Llc	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Wfc Holdings Corp	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255