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MIO (Pioneer Municipal Highome Opportunities Fund) Pretax Margin % : 97.27% (As of Oct. 2024)


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What is Pioneer Municipal Highome Opportunities Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pioneer Municipal Highome Opportunities Fund's Pre-Tax Income for the six months ended in Oct. 2024 was $12.92 Mil. Pioneer Municipal Highome Opportunities Fund's Revenue for the six months ended in Oct. 2024 was $13.29 Mil. Therefore, Pioneer Municipal Highome Opportunities Fund's pretax margin for the quarter that ended in Oct. 2024 was 97.27%.

The historical rank and industry rank for Pioneer Municipal Highome Opportunities Fund's Pretax Margin % or its related term are showing as below:

MIO' s Pretax Margin % Range Over the Past 10 Years
Min: 96.71   Med: 98.65   Max: 100.59
Current: 98.72


MIO's Pretax Margin % is ranked better than
73.12% of 1622 companies
in the Asset Management industry
Industry Median: 91.85 vs MIO: 98.72

Pioneer Municipal Highome Opportunities Fund Pretax Margin % Historical Data

The historical data trend for Pioneer Municipal Highome Opportunities Fund's Pretax Margin % 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 Municipal Highome Opportunities Fund Pretax Margin % Chart

Pioneer Municipal Highome Opportunities Fund Annual Data
Trend Apr22 Apr23 Apr24
Pretax Margin %
- 100.59 96.71

Pioneer Municipal Highome Opportunities Fund Semi-Annual Data
Oct22 Apr23 Oct23 Apr24 Oct24
Pretax Margin % 99.83 99.17 101.02 99.42 97.27

Competitive Comparison of Pioneer Municipal Highome Opportunities Fund's Pretax Margin %

For the Asset Management subindustry, Pioneer Municipal Highome Opportunities Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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 Municipal Highome Opportunities Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Opportunities Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Pioneer Municipal Highome Opportunities Fund's Pretax Margin % falls into.


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Pioneer Municipal Highome Opportunities Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Pioneer Municipal Highome Opportunities Fund's Pretax Margin for the fiscal year that ended in Apr. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Apr. 2024 )/Revenue (A: Apr. 2024 )
=9.787/10.12
=96.71 %

Pioneer Municipal Highome Opportunities Fund's Pretax Margin for the quarter that ended in Oct. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=12.923/13.286
=97.27 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Pioneer Municipal Highome Opportunities Fund Pretax Margin % Related Terms

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Pioneer Municipal Highome Opportunities Fund Business Description

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