PHD (Pioneer Floating Rate Trust) Goodwill: $0.00 Mil (As of May. 2025)


PHD Pioneer Floating Rate Trust PHD
12 GF Score
Price $0.40
! 1 Warning Sign
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What is Pioneer Floating Rate Trust Goodwill?

Pioneer Floating Rate Trust PHD 12 Goodwill is $0.00 Mil as of May. 2025. GuruFocus rates PHD with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Pioneer Floating Rate Trust's goodwill for the quarter that ended in May. 2025 was $0.00 Mil.

Pioneer Floating Rate Trust  (NYSE:PHD) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Pioneer Floating Rate Trust's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Goodwill-to-Asset (A: Nov. 2024 )=Goodwill/Total Assets
=0/198.905
=0.00

Pioneer Floating Rate Trust's Goodwill-to-Asset Ratio for the quarter that ended in May. 2025 is calculated as

Goodwill-to-Asset (Q: May. 2025 )=Goodwill/Total Assets
=0/190.961
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.

Pioneer Floating Rate Trust Goodwill Related Terms

Pioneer Floating Rate Trust Goodwill Historical Data

* Premium members only.

The historical data trend for Pioneer Floating Rate Trust's Goodwill 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.

Pioneer Floating Rate Trust Goodwill Chart

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Goodwill
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Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
PHD
12GF Score
Pioneer Floating Rate Trust PHD
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Pioneer Floating Rate Trust Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $0.00 Mil mean?
Pioneer Floating Rate Trust (PHD) has a Goodwill of $0.00 Mil as of May. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Pioneer Floating Rate Trust and its competitors.
Is Pioneer Floating Rate Trust's Goodwill too high?
Pioneer Floating Rate Trust's current Goodwill is $0.00 Mil. Overall, Pioneer Floating Rate Trust has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Floating Rate Trust's Goodwill compare to DEFG and PIAC?
Pioneer Floating Rate Trust's Goodwill of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Asset Management company?
A good Goodwill depends on the Asset Management industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Pioneer Floating Rate Trust and its competitors. Pioneer Floating Rate Trust's current Goodwill is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Floating Rate Trust stock overvalued right now?
Pioneer Floating Rate Trust (PHD) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Pioneer Floating Rate Trust's overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current Goodwill is $0.00 Mil as of May. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pioneer Floating Rate Trust Business Description

Address 60 State Street, Boston, MA, USA, 02109
Pioneer Floating Rate Trust is a diversified, closed-end fund. It invests in the fixed income markets of the United States. The fund basically invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the other High Yield Loans Index banks.
12GF Score

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