PHD (Pioneer Floating Rate Trust) Moat Score: 2/10 (As of Jun. 27, 2026)


PHD Pioneer Floating Rate Trust PHD
12 GF Score
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What is Pioneer Floating Rate Trust Moat Score?

Pioneer Floating Rate Trust PHD 12 Moat Score is 2 as of Jun. 27, 2026. GuruFocus rates PHD with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Pioneer Floating Rate Trust has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Pioneer Floating Rate Trust has No Moat: Pioneer Floating Rate Trust has very weak competitive advantages with no significant market leadership or network effects. The company lacks intellectual property, brand strength, and cost advantages, resulting in a transient position in the financial sector.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Pioneer Floating Rate Trust might have No Moat - Very weak/transient advantages.

Pioneer Floating Rate Trust  (NYSE:PHD) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Pioneer Floating Rate Trust Moat Score Related Terms

PHD vs DEFG, PIAC, SVVC: Moat Score Comparison

For the Asset Management subindustry, Pioneer Floating Rate Trust's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's Moat Score distribution charts can be found below:

* The bar in red indicates where Pioneer Floating Rate Trust's Moat Score falls into.


PHD
12GF Score
Pioneer Floating Rate Trust PHD
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Pioneer Floating Rate Trust (PHD) has a Moat Score of 2 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.
Is Pioneer Floating Rate Trust's Moat Score too high?
Pioneer Floating Rate Trust's current Moat Score is 2. 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 Moat Score compare to DEFG and PIAC?
Pioneer Floating Rate Trust's Moat Score of 2 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 Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Pioneer Floating Rate Trust's current Moat Score is 2. 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 Moat Score of 2. The current Moat Score is 2. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current Moat Score is 2 as of Jun. 27, 2026. 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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