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Pioneer Floating Rate Trust (Pioneer Floating Rate Trust) Gross-Profit-to-Asset % : 11.78% (As of Nov. 2023)


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What is Pioneer Floating Rate Trust Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Pioneer Floating Rate Trust's annualized Gross Profit for the quarter that ended in Nov. 2023 was $22.22 Mil. Pioneer Floating Rate Trust's average Total Assets over the quarter that ended in Nov. 2023 was $188.62 Mil. Therefore, Pioneer Floating Rate Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 was 11.78%.


Pioneer Floating Rate Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for Pioneer Floating Rate Trust's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 3.02 0.99 4.70 -5.53 8.64

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 -7.66 -3.40 5.49 11.78

Competitive Comparison of Pioneer Floating Rate Trust's Gross-Profit-to-Asset %

For the Asset Management subindustry, Pioneer Floating Rate Trust's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Floating Rate Trust's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Pioneer Floating Rate Trust's Gross-Profit-to-Asset % falls into.



Pioneer Floating Rate Trust Gross-Profit-to-Asset % Calculation

Pioneer Floating Rate Trust's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=16.21/( (184.858+190.502)/ 2 )
=16.21/187.68
=8.64 %

Pioneer Floating Rate Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=22.216/( (186.74+190.502)/ 2 )
=22.216/188.621
=11.78 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Nov. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Pioneer Floating Rate Trust Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Pioneer Floating Rate Trust's Gross-Profit-to-Asset % 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

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