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MHI
Upturn stock ratingUpturn stock rating

Pioneer Municipal High Income Trust (MHI)

Upturn stock ratingUpturn stock rating
$9.33
Delayed price
Profit since last BUY-1.27%
upturn advisory
WEAK BUY
BUY since 23 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

03/13/2025: MHI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -0.23%
Avg. Invested days 40
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/13/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 209.95M USD
Price to earnings Ratio 4.44
1Y Target Price -
Price to earnings Ratio 4.44
1Y Target Price -
Volume (30-day avg) 40074
Beta 0.7
52 Weeks Range 8.10 - 9.60
Updated Date 04/1/2025
52 Weeks Range 8.10 - 9.60
Updated Date 04/1/2025
Dividends yield (FY) 4.57%
Basic EPS (TTM) 2.07

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 279.99%
Operating Margin (TTM) 84.39%

Management Effectiveness

Return on Assets (TTM) 3.03%
Return on Equity (TTM) 22.38%

Valuation

Trailing PE 4.44
Forward PE -
Enterprise Value 259442256
Price to Sales(TTM) 12.49
Enterprise Value 259442256
Price to Sales(TTM) 12.49
Enterprise Value to Revenue 4.38
Enterprise Value to EBITDA -
Shares Outstanding 22771300
Shares Floating -
Shares Outstanding 22771300
Shares Floating -
Percent Insiders -
Percent Institutions 65.62

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Pioneer Municipal High Income Trust

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Company Overview

History and Background

Pioneer Municipal High Income Trust is a closed-end investment company. It was formed to provide investors with a high level of current income exempt from federal income tax, to the extent consistent with prudent investment management.

Core Business Areas

  • Investment Management: Manages a portfolio of municipal securities, aiming for high current income exempt from federal income tax. The trust invests primarily in a diversified portfolio of municipal bonds.

Leadership and Structure

The Trust is managed by Amundi Asset Management US, Inc. The portfolio managers and investment team are experienced in municipal bond investing.

Top Products and Market Share

Key Offerings

  • Municipal Bond Portfolio: The primary offering is a diversified portfolio of municipal bonds. The market share is difficult to determine as it varies with asset value and investment strategy in the high yield municipal bond market. Competitors include other closed-end municipal bond funds such as BlackRock, Nuveen and Eaton Vance.

Market Dynamics

Industry Overview

The municipal bond market is influenced by interest rates, tax policies, credit ratings, and economic conditions. Demand for tax-exempt income drives the market.

Positioning

Pioneer Municipal High Income Trust is positioned as a high-income municipal bond fund focusing on providing tax-exempt income. Its competitive advantage lies in its investment expertise and active management.

Total Addressable Market (TAM)

The TAM for municipal bonds is in the trillions. Pioneer Municipal High Income Trust captures a small portion of this TAM through its investment portfolio.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • High current income
  • Tax-exempt income
  • Diversified municipal bond portfolio

Weaknesses

  • Interest rate risk
  • Credit risk of municipal bonds
  • Market volatility
  • Closed-end fund structure (potential for trading at a discount to NAV)

Opportunities

  • Rising interest rates (potentially increasing income)
  • Increased demand for tax-exempt income
  • Active management to capitalize on market inefficiencies
  • Strategic allocation to undervalued municipal bonds

Threats

  • Economic downturn impacting municipal finances
  • Changes in tax laws reducing the attractiveness of municipal bonds
  • Increased competition from other municipal bond funds
  • Rising interest rates decreasing bond values

Competitors and Market Share

Key Competitors

  • BlackRock (BLK)
  • Nuveen (JQC)
  • Eaton Vance (EHT)

Competitive Landscape

Pioneer Municipal High Income Trust faces competition from other closed-end municipal bond funds. Its performance depends on investment selection and management effectiveness.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth depends on portfolio performance and asset growth.

Future Projections: Future projections depend on market conditions and management strategy. Analyst reports should be consulted.

Recent Initiatives: Recent initiatives would be reported in financial reports and press releases.

Summary

Pioneer Municipal High Income Trust is a closed-end fund aiming to provide tax-exempt income through municipal bonds. The fund's performance relies on its management team's skill in navigating the municipal bond market. Potential interest rate hikes and economic downturns pose threats. A strength is its focus on delivering tax-advantaged income.

Similar Companies

  • BLK
  • JQC
  • EHT
  • VFL

Sources and Disclaimers

Data Sources:

  • Company website
  • Financial news outlets
  • SEC filings
  • Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be made after consulting with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Pioneer Municipal High Income Trust

Exchange NYSE
Headquaters Boston, MA, United States
IPO Launch date 2003-07-18
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index and Barclays High Yield Municipal Bond Index. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States.

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