Trend Table for PHD - Pioneer Floating Rate Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Up	Flat	6.75%
May 17	A	Strong	Up	Up	Up	5.72%
May 16	A	Strong	Up	Up	Up	6.26%
May 15	A	Strong	Up	Up	Up	5.64%
May 14	A	Strong	Up	Up	Up	5.74%
May 13	A	Strong	Up	Up	Up	7.32%
May 10	A	Strong	Up	Up	Up	7.45%
May 9	A	Weak or Absent	Up	Up	Up	7.70%
May 8	A	Weak or Absent	Up	Up	Up	8.26%
May 7	A	Weak or Absent	Up	Up	Flat	8.71%