PHD (Pioneer Floating Rate Trust) Net Income: $8.35 Mil (TTM As of May. 2025)

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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 Net Income?

Pioneer Floating Rate Trust PHD 12 Net Income is $8.35 Mil as of May. 2025. GuruFocus rates PHD with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Pioneer Floating Rate Trust's Net Income for the six months ended in May. 2025 was $1.95 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2025 was $8.35 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pioneer Floating Rate Trust's Earnings per Share (Diluted) for the six months ended in May. 2025 was $0.16.

Pioneer Floating Rate Trust  (NYSE:PHD) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Pioneer Floating Rate Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2025 is calculated as

Earnings per Share (Diluted) (Q: May. 2025 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(1.954-0)/12.212
=0.16

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Pioneer Floating Rate Trust Net Income Related Terms

Pioneer Floating Rate Trust Net Income Historical Data

* Premium members only.

The historical data trend for Pioneer Floating Rate Trust's Net Income 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 Net Income Chart

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Net Income
Get a 7-Day Free Trial 1.87 13.60 -11.65 15.76 16.65

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
Net Income 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 4.87 10.89 10.25 6.40 1.95
PHD
12GF Score
Pioneer Floating Rate Trust PHD
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Floating Rate Trust Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Pioneer Floating Rate Trust's Net Income for the fiscal year that ended in Nov. 2024 is calculated as

Net Income(A: Nov. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=16.647+0+0+0
=16.65

Pioneer Floating Rate Trust's Net Income for the quarter that ended in May. 2025 is calculated as

Net Income(Q: May. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.954+0+0+0
=1.95

Net Income for the trailing twelve months (TTM) ended in May. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $8.35 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $8.35 Mil mean?
Pioneer Floating Rate Trust (PHD) has a Net Income of $8.35 Mil as of May. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Pioneer Floating Rate Trust and its competitors.
Is Pioneer Floating Rate Trust's Net Income too high?
Pioneer Floating Rate Trust's current Net Income is $8.35 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 Net Income compare to DEFG and PIAC?
Pioneer Floating Rate Trust's Net Income of $8.35 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 Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Pioneer Floating Rate Trust and its competitors. Pioneer Floating Rate Trust's current Net Income is $8.35 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 Net Income of $8.35 Mil. The current Net Income is $8.35 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 Net Income calculated?
Net Income is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current Net Income is $8.35 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

Get the complete analysis for PHD

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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