PHD Etf | | | USD 9.87 0.05 0.51% |
Kenneth Taubes is Portfolio Manager at Pioneer Floating Rate
Mr. Kenneth J. Taubes is Trustee of the company
Age | 61 |
Tenure | 10 years |
Professional Marks | MBA |
Address | 60 State Street, Boston, MA, United States, 02109-1800 |
Phone | 617-742-7825 |
Web | http://www.pioneerfunds.com |
Taubes joined Pioneer Investments in 1998 and is a Portfolio Manager of Pioneer Strategic Income Fund, Pioneer Bond Fund, Pioneer Global Multisector Income Fund, and Pioneer MultiAsset Real Return Fund. He is also a Portfolio Manager of the Opportunistic Core and Opportunistic Core Plus strategies for institutional clients. In addition, he oversees the equity and fixed income portfolio management and research analyst staff in the U.S., and is chairman of the U.S. Investment Committee and a member of the Global Investment Committee. He is also a member of the U.S. Management Committee. Prior to joining Pioneer, Ken spent seven years with Putnam Investments in Boston, most recently as Senior Vice President and Senior Portfolio Manager for over $15 billion in fixed income assets for more than 30 institutional accounts and 15 openend mutual funds
Pioneer Floating Management Efficiency
The company has Return on Asset of
0.0576 % which means that on every $100 spent on assets, it made $0.0576 of profit. This is way below average. In the same way, it shows a return on shareholders' equity
(ROE) of
0.1698 %, implying that it generated $0.1698 on every 100 dollars invested. Pioneer Floating's management efficiency ratios could be used to measure how well Pioneer Floating manages its routine affairs as well as how well it operates its assets and liabilities.
Pioneer Floating Rate has 61.2
M in debt with debt to equity
(D/E) ratio of 0.49, which is OK given its current industry classification. Pioneer Floating Rate has a current ratio of 0.05, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pioneer Floating until it has trouble settling it off, either with new capital or with free cash flow. So, Pioneer Floating's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pioneer Floating Rate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pioneer to invest in growth at high rates of return. When we think about Pioneer Floating's use of debt, we should always consider it together with cash and equity.
Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Floating is traded on New York Stock Exchange in the United States. Pioneer Floating Rate [PHD] is traded in USA and was established null. Pioneer Floating is listed under Asset Management & Custody Banks category by Fama And French industry classification.
Management Performance
Pioneer Floating Rate Money Managers
| Kelly ODonnell, Anti-Money Laundering Officer | |
| Thomas Reyes, Assistant Secretary | |
| Jonathan Sharkey, Portfolio Manager | |
| CFA CFA, Portfolio P | |
| Benjamin Friedman, Independent Trustee | |
| Lisa Jones, President, Chief Executive Officer, Trustee | |
| Marguerite Piret, Independent Trustee | |
| Luis Presutti, Assistant Treasurer | |
| Thomas Perna, Independent Chairman of the Board of Trustees | |
| Kenneth Taubes, Executive Vice President and Chief Investment Officer, U.S., Trustee | |
| Christopher Kelley, Secretary, Chief Legal Officer | |
| Mark Bradley, Treasurer | |
| Gary Sullivan, Assistant Treasurer | |
| John Baumgardner, Independent Trustee | |
| Carol Hannigan, Assistant Secretary | |
| David Johnson, Assistant Treasurer | |
| Margaret Graham, Independent Trustee | |
| Lorraine Monchak, Independent Trustee | |
| CPA CFA, Senior P | |
| John Malone, Chief Compliance Officer | |
| Fred Ricciardi, Independent Trustee | |
Pioneer Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Pioneer Floating a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Pioneer Etf
Pioneer Floating financial ratios help investors to determine whether Pioneer Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pioneer with respect to the benefits of owning Pioneer Floating security.