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Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) Long-Term Capital Lease Obligation : $0.00 Mil (As of Oct. 2023)


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What is Pioneer Municipal Highome Trust Long-Term Capital Lease Obligation?

Pioneer Municipal Highome Trust's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil.


Pioneer Municipal Highome Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pioneer Municipal Highome Trust's Long-Term Capital Lease Obligation 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.

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Pioneer Municipal Highome Trust Long-Term Capital Lease Obligation Chart

Pioneer Municipal Highome Trust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Long-Term Capital Lease Obligation
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Pioneer Municipal Highome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Pioneer Municipal Highome Trust  (NYSE:MHI) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Pioneer Municipal Highome Trust Long-Term Capital Lease Obligation Related Terms

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

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
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