PHD (Pioneer Floating Rate Trust) Valuation Rank


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 Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Pioneer Floating Rate Trust Valuation Rank Related Terms

PHD
12GF Score
Pioneer Floating Rate Trust PHD
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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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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Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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