Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) 12-1 Month Momentum % : 12.04% (As of May. 26, 2024)

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What is Pioneer Municipal Highome Opportunities Fund 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-26), Pioneer Municipal Highome Opportunities Fund's 12-1 Month Momentum % is 12.04%.

The industry rank for Pioneer Municipal Highome Opportunities Fund's 12-1 Month Momentum % or its related term are showing as below:

MIO's 12-1 Month Momentum % is ranked better than
71.24% of 1728 companies
in the Asset Management industry
Industry Median: 2.635 vs MIO: 12.04

Competitive Comparison of Pioneer Municipal Highome Opportunities Fund's 12-1 Month Momentum %

For the Asset Management subindustry, Pioneer Municipal Highome Opportunities Fund's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 Municipal Highome Opportunities Fund's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Opportunities Fund's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Pioneer Municipal Highome Opportunities Fund's 12-1 Month Momentum % falls into.

Pioneer Municipal Highome Opportunities Fund (NYSE:MIO) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* 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 Municipal Highome Opportunities Fund (NYSE:MIO) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Pioneer Municipal Highome Opportunities Fund 12-1 Month Momentum % Related Terms

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Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Municipal High Income Opportunities Fund Inc. (NYSE:MIO) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.amundi.com

Pioneer Municipal High Income Opportunities Fund Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide holders of the Fund's common stock with a high level of current income exempt from regular federal income tax.

Executives

Yana Karalnik	officer: CHIEF COMPLIANCE OFFICER	60 STATE STREET, BOSTON MA 02109
Marguerite A Piret	other: Trustee	C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Koenig Anthony J Jr	officer: Treasurer	60 STATE STREET, BOSTON MA 02109
Michael Melnick	officer: Assistant Treasurer	60 STATE STREET, BOSTON MA 02109
David Eurkus	other: Affiliated Person	PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Jonathan Chirunga	other: Affiliated Person	60 STATE STREET, BOSTON MA 02109
Craig C Mackay	other: Trustee	75 WEST 125TH STREET, NEW YORK NY 10027
Christopher J Kelley	officer: Secretary	C/O PIONEER INVESTMENT, 60 STATE ST, BOSTON MA 01109-1820
Luis I Presutti	officer: Assistant Treasurer
Gary Sullivan	officer: Assistant Treasurer	60 STAT STREET, C/OPIONEER INVESTMENT MANAGEMENT INC, BOSTON MA 02109
Amundi Asset Management Us, Inc.	other: Investment Adviser	60 STATE STREET, 5TH FLOOR, BOSTON MA 02109
Thomas J Perna	other: Trustee	89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Benjamin M Friedman	other: Trustee	C/O HARVARD UNIVERSITY, CAMBRIDGE MA 02138
Thomas J Reyes	officer: Assistant Secretary	60 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Kenneth Taubes	other: Trustee