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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	F	Strong	Down	Down	Down	39.88%
May 19	F	Strong	Down	Down	Down	40.05%
May 18	F	Weak or Absent	Down	Down	Flat	39.05%
May 17	F	Weak or Absent	Down	Down	Flat	38.72%
May 16	F	Weak or Absent	Down	Down	Flat	39.05%
May 15	F	Weak or Absent	Down	Down	Flat	38.72%
May 12	F	Weak or Absent	Down	Down	Flat	38.72%
May 11	F	Weak or Absent	Down	Down	Down	38.72%
May 10	F	Weak or Absent	Down	Down	Flat	38.40%
May 9	F	Weak or Absent	Down	Down	Flat	38.08%