Thomas Perna - Pioneer Municipal Independent Chairman of the Board of Trustees

MHI Stock  USD 9.62  0.04  0.42%   

Chairman

Mr. Thomas J. Perna is an Independent Chairman of the Board of Trustees of the company. He is Chairman and Chief Executive Officer, Quadriserv, Inc. Private investor and Senior Executive Vice President, The Bank of New York . He is the Director, Broadridge Financial Solutions, Inc. Director, Quadriserv, Inc. Commissioner, New Jersey State Civil Service Commission . since 2011.
Age 68
Tenure 13 years
Address 60 State Street, Boston, MA, United States, 02109-1820
Phone617 422 4700
Webhttps://us.pioneerinvestments.com/products/fund-de

Pioneer Municipal Management Efficiency

The company has Return on Asset of 0.028 % which means that on every $100 spent on assets, it made $0.028 of profit. This is way below average. Pioneer Municipal's management efficiency ratios could be used to measure how well Pioneer Municipal manages its routine affairs as well as how well it operates its assets and liabilities. The Pioneer Municipal's current Return On Tangible Assets is estimated to increase to -0.0056. The current Return On Capital Employed is estimated to decrease to 0.02. As of now, Pioneer Municipal's Non Currrent Assets Other are increasing as compared to previous years. The Pioneer Municipal's current Other Current Assets is estimated to increase to about 2.2 M, while Other Assets are projected to decrease to (908.2 K).
Pioneer Municipal High has 50 M in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. Pioneer Municipal High has a current ratio of 4.91, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pioneer to invest in growth at high rates of return.

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Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States. Pioneer Muni operates under Asset Management classification in the United States and is traded on New York Stock Exchange. Pioneer Municipal High (MHI) is traded on New York Stock Exchange in USA. It is located in 60 State Street, Boston, MA, United States, 02109-1820 and employs 22 people. Pioneer Municipal is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Pioneer Municipal High Leadership Team

Elected by the shareholders, the Pioneer Municipal's board of directors comprises two types of representatives: Pioneer Municipal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pioneer. The board's role is to monitor Pioneer Municipal's management team and ensure that shareholders' interests are well served. Pioneer Municipal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pioneer Municipal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kelly ODonnell, Anti-Money Laundering Officer
Thomas Reyes, Assistant Secretary
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
Antonio Furtado, Assistant Treasurer
Jonathan Chirunga, Portfolio Manager
John Baumgardner, Independent Trustee
Carol Hannigan, Assistant Secretary
David Johnson, Assistant Treasurer
Margaret Graham, Independent Trustee
David Eurkus, Portfolio Manager
Lorraine Monchak, Independent Trustee
Diane Durnin, Independent Trustee
John Malone, Chief Compliance Officer
Fred Ricciardi, Independent Trustee

Pioneer Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pioneer Municipal 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.

Currently Active Assets on Macroaxis

When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Municipal. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.359
Revenue Per Share
0.754
Quarterly Revenue Growth
0.044
Return On Assets
0.028
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.