The historical rank and industry rank for Pioneer Floating Rate Trust's Net Margin % or its related term are showing as below:
PHD'
s Net Margin % Range Over the Past 10 Years
Min: 44.35 Med: 95.7 Max: 105.57
Current: 95.74
PHD's Net Margin % is not ranked
in the Asset Management industry.
Industry Median: 84.895
vs PHD: 95.74
Pioneer Floating Rate Trust (NYSE:PHD) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Pioneer Floating Rate Trust Net Margin % Related Terms
Pioneer Floating Rate Trust Net Margin % Historical Data
* 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.
For the Asset Management subindustry, Pioneer Floating Rate Trust's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's Net Margin % distribution charts can be found below:
* The bar in red indicates where Pioneer Floating Rate Trust's Net Margin % falls into.
* 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 (PHD) has a Net Margin % of 90.88% as of May. 2025. Net margin is the ratio of total net income to net sales. View historical data on Pioneer Floating Rate Trust and its competitors. This is near median its historical median of 95.70. Over the past decade, Pioneer Floating Rate Trust's Net Margin % has ranged from 44.35 to 105.57.
Is Pioneer Floating Rate Trust's Net Margin % too high?
Pioneer Floating Rate Trust's current Net Margin % of 90.88% is near median its 10-year median of 95.70. Over the past 10 years, this metric has ranged from a low of 44.35 to a high of 105.57. The Asset Management industry median Net Margin % is 84.90. Pioneer Floating Rate Trust's value of 90.88% is 7% above this industry median. 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 Margin % compare to DEFG and PIAC?
Pioneer Floating Rate Trust's Net Margin % of 90.88% can be compared against companies in the Asset Management industry. The industry median Net Margin % is 84.90. Pioneer Floating Rate Trust's value of 90.88% is 7% above this benchmark. Historically, Pioneer Floating Rate Trust's own Net Margin % has ranged from 44.35 to 105.57 over the past decade. While the company's 10-year median is 95.70 vs. the industry median of 84.90, Pioneer Floating Rate Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Floating Rate Trust's current Net Margin % of 90.88% is 7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Pioneer Floating Rate Trust and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Floating Rate Trust's current Net Margin % is 90.88%, which is near median its own 10-year median of 95.70. 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 Margin % of 90.88%. The current Net Margin % is 90.88%, which is near median its 10-year median of 95.70 and 7% above the Asset Management industry median of 84.90. 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 Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current Net Margin % is 90.88% 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 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 Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHD has been successfully added to your 
