PHD (Pioneer Floating Rate Trust) Selling, General, & Admin. Expense: $0.36 Mil (TTM As of May. 2025)


PHD Pioneer Floating Rate Trust PHD
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What is Pioneer Floating Rate Trust Selling, General, & Admin. Expense?

Pioneer Floating Rate Trust PHD 12 Selling, General, & Admin. Expense is $0.36 Mil as of May. 2025. GuruFocus rates PHD with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Pioneer Floating Rate Trust's selling, general, & admin. expense for the six months ended in May. 2025 was $0.19 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in May. 2025 was $0.36 Mil.


Pioneer Floating Rate Trust  (NYSE:PHD) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Pioneer Floating Rate Trust Selling, General, & Admin. Expense Related Terms


Pioneer Floating Rate Trust Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Pioneer Floating Rate Trust's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 2.33 0.69 0.39 0.43 0.59

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
Selling, General, & Admin. Expense 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 0.22 0.21 0.42 0.17 0.19

PHD vs DEFG, PIAC, SVVC: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Pioneer Floating Rate Trust's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Pioneer Floating Rate Trust's Selling, General, & Admin. Expense falls into.


PHD
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Pioneer Floating Rate Trust PHD
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Floating Rate Trust Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 $0.36 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.

What does a Selling, General, & Admin. Expense of $0.36 Mil mean?
Pioneer Floating Rate Trust (PHD) has a Selling, General, & Admin. Expense of $0.36 Mil as of May. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Pioneer Floating Rate Trust and its competitors.
Is Pioneer Floating Rate Trust's Selling, General, & Admin. Expense too high?
Pioneer Floating Rate Trust's current Selling, General, & Admin. Expense is $0.36 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 Selling, General, & Admin. Expense compare to DEFG and PIAC?
Pioneer Floating Rate Trust's Selling, General, & Admin. Expense of $0.36 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Pioneer Floating Rate Trust and its competitors. Pioneer Floating Rate Trust's current Selling, General, & Admin. Expense is $0.36 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 Selling, General, & Admin. Expense of $0.36 Mil. The current Selling, General, & Admin. Expense is $0.36 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current Selling, General, & Admin. Expense is $0.36 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.
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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