Pioneer Floating Rate Trust (Pioneer Floating Rate Trust) Total Assets : $190.50 Mil (As of Nov. 2023)

View and export this data going back to . Start your Free Trial

What is Pioneer Floating Rate Trust Total Assets?

Pioneer Floating Rate Trust's Total Assets for the quarter that ended in Nov. 2023 was $190.50 Mil.

During the past 12 months, Pioneer Floating Rate Trust's average Total Assets Growth Rate was 3.00% per year. During the past 3 years, the average Total Assets Growth Rate was -20.70% per year. During the past 5 years, the average Total Assets Growth Rate was -19.40% per year.

During the past 7 years, Pioneer Floating Rate Trust's highest 3-Year average Total Assets Growth Rate was -6.40%. The lowest was -26.00%. And the median was -20.80%.

Total Assets is connected with ROA %. Pioneer Floating Rate Trust's annualized ROA % for the quarter that ended in Nov. 2023 was 11.55%. Total Assets is also linked to Revenue through Asset Turnover. Pioneer Floating Rate Trust's Asset Turnover for the quarter that ended in Nov. 2023 was 0.06.

Pioneer Floating Rate Trust Total Assets Historical Data

The historical data trend for Pioneer Floating Rate Trust'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 Floating Rate Trust Total Assets Chart

Pioneer Floating Rate Trust Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Assets

Get a 7-Day Free Trial

461.72

388.57

221.96

184.86

190.50

Pioneer Floating Rate Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Assets	Get a 7-Day Free Trial								221.96	196.61	184.86	186.74	190.50

Pioneer Floating Rate Trust 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 Floating Rate Trust's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	124.861	+	65.641
	=	190.50

Pioneer Floating Rate Trust's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	124.861	+	65.641
	=	190.50

Pioneer Floating Rate Trust (NYSE:PHD) Total Assets Explanation

Total Assets is connected with ROA %.

Pioneer Floating Rate Trust's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	21.782	/	( (186.74	+	190.502)	/ 2 )
	=	21.782	/	188.621
	=	11.55 %

Note: The Net Income data used here is two times the semi-annual (Nov. 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 Floating Rate Trust's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	11.108	/	( (186.74	+	190.502)	/ 2 )
=	11.108	/	188.621
=	0.06

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 Floating Rate Trust Total Assets Related Terms

Thank you for viewing the detailed overview of Pioneer Floating Rate Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Pioneer Floating Rate Trust (Pioneer Floating Rate Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Floating Rate Trust (NYSE:PHD) » 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 Floating Rate Trust is a diversified fund. It seeks a high level of current income by investing primarily in floating-rate loans. Its investment objective is to provide a high level of current income and seek the preservation of capital.

Executives

Yana Karalnik	officer: CHIEF COMPLIANCE OFFICER	60 STATE STREET, BOSTON MA 02109
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
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Diane Durnin	other: Trustee	60 STATE STREET, BOSTON MA 02109
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Lorraine H Monchak	other: Trustee	60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi	other: Trustee	60 STATE STREET, BOSTON MA 02109
Lisa Jones	officer: Chief Executive Officer	60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Mark Goodwin	officer: Executive Vice President	PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Kenneth Taubes	other: Trustee
Marc O Mayer	other: Trustee	C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105