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PHD (Pioneer Floating Rate Trust) 5-Year Yield-on-Cost % : 16.75 (As of Jul. 20, 2025)


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What is Pioneer Floating Rate Trust 5-Year Yield-on-Cost %?

Pioneer Floating Rate Trust's yield on cost for the quarter that ended in Nov. 2024 was 16.75.


The historical rank and industry rank for Pioneer Floating Rate Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

PHD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.66   Med: 13.24   Max: 22.61
Current: 16.75


During the past 8 years, Pioneer Floating Rate Trust's highest Yield on Cost was 22.61. The lowest was 8.66. And the median was 13.24.


PHD's 5-Year Yield-on-Cost % is ranked better than
92.95% of 1178 companies
in the Asset Management industry
Industry Median: 6.29 vs PHD: 16.75

Competitive Comparison of Pioneer Floating Rate Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Pioneer Floating Rate Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Pioneer Floating Rate Trust's 5-Year Yield-on-Cost % falls into.


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Pioneer Floating Rate Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Pioneer Floating Rate Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Pioneer Floating Rate Trust  (NYSE:PHD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Pioneer Floating Rate Trust 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Pioneer Floating Rate Trust's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pioneer Floating Rate Trust Business Description

Traded in Other Exchanges
N/A
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.
Executives
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Lorraine H Monchak other: Trustee 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi other: Trustee 60 STATE STREET, BOSTON MA 02109
Lisa Jones officer: Chief Executive Officer 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Mark Goodwin officer: Executive Vice President PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Kenneth Taubes other: Trustee
Marc O Mayer other: Trustee C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105