Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Debt-to-Equity : 0.14 (As of Oct. 2023)

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What is Pioneer Municipal Highome Opportunities Fund Debt-to-Equity?

Pioneer Municipal Highome Opportunities Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Pioneer Municipal Highome Opportunities Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $26.00 Mil. Pioneer Municipal Highome Opportunities Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $188.76 Mil. Pioneer Municipal Highome Opportunities Fund's debt to equity for the quarter that ended in Oct. 2023 was 0.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Pioneer Municipal Highome Opportunities Fund's Debt-to-Equity or its related term are showing as below:

MIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.46 Max: 0.57
Current: 0.14

During the past 2 years, the highest Debt-to-Equity Ratio of Pioneer Municipal Highome Opportunities Fund was 0.57. The lowest was 0.14. And the median was 0.46.

MIO's Debt-to-Equity is ranked better than
60.06% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs MIO: 0.14

Pioneer Municipal Highome Opportunities Fund Debt-to-Equity Historical Data

The historical data trend for Pioneer Municipal Highome Opportunities Fund's Debt-to-Equity 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 Opportunities Fund Debt-to-Equity Chart

Pioneer Municipal Highome Opportunities Fund Annual Data

Trend

Apr22

Apr23

Debt-to-Equity

0.57

0.44

Pioneer Municipal Highome Opportunities Fund Quarterly Data
	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	-	0.57	0.49	0.44	0.14

Competitive Comparison of Pioneer Municipal Highome Opportunities Fund's Debt-to-Equity

For the Asset Management subindustry, Pioneer Municipal Highome Opportunities Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Opportunities Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Opportunities Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pioneer Municipal Highome Opportunities Fund's Debt-to-Equity falls into.

Pioneer Municipal Highome Opportunities Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pioneer Municipal Highome Opportunities Fund's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	92.175)	/	210.392
	=	0.44

Pioneer Municipal Highome Opportunities Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	26)	/	188.764
	=	0.14

Pioneer Municipal Highome Opportunities Fund (NYSE:MIO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Pioneer Municipal Highome Opportunities Fund Debt-to-Equity Related Terms

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Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Municipal High Income Opportunities Fund Inc. (NYSE:MIO) » Definitions » Debt-to-Equity

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 Opportunities Fund Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide holders of the Fund's common stock with a high level of current income exempt from regular federal income tax.

Executives

Yana Karalnik	officer: CHIEF COMPLIANCE OFFICER	60 STATE STREET, BOSTON MA 02109
Marguerite A Piret	other: Trustee	C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Koenig Anthony J Jr	officer: Treasurer	60 STATE STREET, BOSTON MA 02109
Michael Melnick	officer: Assistant Treasurer	60 STATE STREET, BOSTON MA 02109
David Eurkus	other: Affiliated Person	PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Jonathan Chirunga	other: Affiliated Person	60 STATE STREET, BOSTON MA 02109
Craig C Mackay	other: Trustee	75 WEST 125TH STREET, NEW YORK NY 10027
Christopher J Kelley	officer: Secretary	C/O PIONEER INVESTMENT, 60 STATE ST, BOSTON MA 01109-1820
Luis I Presutti	officer: Assistant Treasurer
Gary Sullivan	officer: Assistant Treasurer	60 STAT STREET, C/OPIONEER INVESTMENT MANAGEMENT INC, BOSTON MA 02109
Amundi Asset Management Us, Inc.	other: Investment Adviser	60 STATE STREET, 5TH FLOOR, BOSTON MA 02109
Thomas J Perna	other: Trustee	89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Benjamin M Friedman	other: Trustee	C/O HARVARD UNIVERSITY, CAMBRIDGE MA 02138
Thomas J Reyes	officer: Assistant Secretary	60 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Kenneth Taubes	other: Trustee