Cohen & Steers Inc. lifted its stake in shares of Pioneer High Income Trust (NYSE:PHT) by 4.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 444,451 shares of the closed-end fund’s stock after purchasing an additional 17,472 shares during the quarter. Cohen & Steers Inc. owned about 1.52% of Pioneer High Income Trust worth $4,453,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in PHT. Citadel Advisors LLC bought a new position in shares of Pioneer High Income Trust during the 3rd quarter worth about $128,000. Sit Investment Associates Inc. bought a new position in shares of Pioneer High Income Trust during the 3rd quarter worth about $151,000. Lincoln National Corp lifted its position in Pioneer High Income Trust by 7.3% in the 2nd quarter. Lincoln National Corp now owns 15,552 shares of the closed-end fund’s stock valued at $154,000 after acquiring an additional 1,064 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in Pioneer High Income Trust by 2.8% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 18,326 shares of the closed-end fund’s stock valued at $181,000 after acquiring an additional 500 shares in the last quarter. Finally, IFC Holdings Incorporated FL lifted its position in Pioneer High Income Trust by 60.3% in the 2nd quarter. IFC Holdings Incorporated FL now owns 22,597 shares of the closed-end fund’s stock valued at $224,000 after acquiring an additional 8,497 shares in the last quarter.

Shares of Pioneer High Income Trust (PHT) traded up $0.01 during midday trading on Tuesday, reaching $9.75. 108,400 shares of the company traded hands, compared to its average volume of 117,154. Pioneer High Income Trust has a twelve month low of $9.47 and a twelve month high of $10.54.

The firm also recently declared a monthly dividend, which will be paid on Monday, December 18th. Investors of record on Thursday, December 14th will be given a $0.065 dividend. The ex-dividend date is Wednesday, December 13th. This represents a $0.78 annualized dividend and a yield of 8.00%.

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Pioneer High Income Trust Profile

Pioneer High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income and to seek capital appreciation. The Trust seeks to invest in corporate bonds and notes, senior secured floating rate loan interests, convertible bonds and notes, preferred stocks, common stocks, sovereign debt obligations, collateralized mortgage obligations, asset-backed securities and convertible preferred stocks, among others.

Institutional Ownership by Quarter for Pioneer High Income Trust (NYSE:PHT)

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