Flagship Harbor Advisors LLC Acquires Shares of 1,022,153 Pioneer High Income Fund, Inc. (NYSE:PHT)

Flagship Harbor Advisors LLC bought a new position in Pioneer High Income Fund, Inc. (NYSE:PHT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,022,153 shares of the closed-end fund’s stock, valued at approximately $8,177,000.

A number of other hedge funds have also made changes to their positions in the company. Capital Investment Advisors LLC increased its position in Pioneer High Income Fund by 1.1% in the 3rd quarter. Capital Investment Advisors LLC now owns 171,171 shares of the closed-end fund’s stock valued at $1,369,000 after acquiring an additional 1,795 shares in the last quarter. Shaker Financial Services LLC boosted its holdings in Pioneer High Income Fund by 197.1% in the second quarter. Shaker Financial Services LLC now owns 155,045 shares of the closed-end fund’s stock valued at $1,166,000 after acquiring an additional 102,863 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in Pioneer High Income Fund during the 2nd quarter worth about $175,000. Atomi Financial Group Inc. lifted its position in Pioneer High Income Fund by 18.5% during the 2nd quarter. Atomi Financial Group Inc. now owns 35,458 shares of the closed-end fund’s stock valued at $267,000 after purchasing an additional 5,545 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Pioneer High Income Fund during the 2nd quarter worth $1,039,000.

Pioneer High Income Fund Stock Performance

Shares of PHT stock traded down $0.01 on Tuesday, reaching $7.80. The company had a trading volume of 36,416 shares, compared to its average volume of 78,120. The company has a 50-day moving average of $7.89 and a 200-day moving average of $7.63. Pioneer High Income Fund, Inc. has a 12 month low of $6.41 and a 12 month high of $8.04.

Pioneer High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, October 18th will be given a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, October 18th.

Pioneer High Income Fund Company Profile

Pioneer High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities.