Mid Atlantic Financial Management Inc. ADV Has $1 Million Stake in Pioneer High Income Fund, Inc. (NYSE:PHT)

Mid Atlantic Financial Management Inc. ADV lowered its stake in Pioneer High Income Fund, Inc. (NYSE:PHT) by 6.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,304 shares of the closed-end fund’s stock after selling 7,396 shares during the period. Mid Atlantic Financial Management Inc. ADV’s holdings in Pioneer High Income Fund were worth $1,003,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC boosted its position in shares of Pioneer High Income Fund by 3.9% during the second quarter. Park Avenue Securities LLC now owns 96,332 shares of the closed-end fund’s stock worth $935,000 after purchasing an additional 3,605 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Pioneer High Income Fund by 4.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 98,214 shares of the closed-end fund’s stock worth $954,000 after buying an additional 3,868 shares during the period. Advisor Group Holdings Inc. boosted its holdings in shares of Pioneer High Income Fund by 29.4% during the 2nd quarter. Advisor Group Holdings Inc. now owns 61,451 shares of the closed-end fund’s stock worth $598,000 after buying an additional 13,974 shares during the period. Clear Creek Financial Management LLC bought a new stake in Pioneer High Income Fund in the 2nd quarter valued at about $208,000. Finally, TFG Advisers LLC lifted its holdings in shares of Pioneer High Income Fund by 7.6% during the 2nd quarter. TFG Advisers LLC now owns 20,617 shares of the closed-end fund’s stock worth $200,000 after acquiring an additional 1,461 shares during the period.

Shares of NYSE PHT opened at $11.15 on Wednesday. Pioneer High Income Fund, Inc. has a 52-week low of $7.63 and a 52-week high of $11.22. The firm has a 50 day moving average price of $10.28 and a two-hundred day moving average price of $9.89.

The company also recently declared a monthly dividend, which will be paid on Thursday, September 30th. Investors of record on Thursday, September 16th will be given a dividend of $0.0725 per share. This is a positive change from Pioneer High Income Fund’s previous monthly dividend of $0.07. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date is Wednesday, September 15th.

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.

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

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