Name | Value |
---|---|
Revenues | 7.8M |
Cost of Revenue | 1.1M |
Gross Profit | 6.7M |
Operating Expense | 0.6M |
Operating I/L | 7.2M |
Other Income/Expense | 5.4M |
Interest Income | 28.4M |
Pretax | 12.5M |
Income Tax Expense | 0.0M |
Net Income/Loss | 12.5M |
Pioneer High Income Fund, Inc. is a closed-ended fixed income mutual fund managed by Pioneer Investment Management, Inc. It focuses on investing in the fixed income markets of the United States, primarily targeting below-investment-grade bonds, high-yield corporate bonds, and convertible securities. The fund seeks to invest in bonds rated BBB- or lower by Standard and Poor's or a similar national rating service. It benchmarks its portfolio performance against the Bank of America Merrill Lynch High Yield Master II Index, aiming to generate returns through strategic bond investments in the high-yield market.