Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) Announces Monthly Dividend of $0.03

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) announced a monthly dividend on Wednesday, September 6th, Wall Street Journal reports. Investors of record on Wednesday, September 20th will be given a dividend of 0.0275 per share by the investment management company on Friday, September 29th. This represents a $0.33 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Tuesday, September 19th.

Pioneer Municipal High Income Fund Stock Performance

NYSE MHI opened at $7.74 on Monday. The business has a 50 day simple moving average of $8.29 and a two-hundred day simple moving average of $8.50. Pioneer Municipal High Income Fund has a 1-year low of $7.74 and a 1-year high of $9.53.

Institutional Investors Weigh In On Pioneer Municipal High Income Fund

Institutional investors and hedge funds have recently modified their holdings of the business. First Horizon Advisors Inc. purchased a new position in Pioneer Municipal High Income Fund during the 1st quarter worth $37,000. Nomura Holdings Inc. acquired a new position in Pioneer Municipal High Income Fund in the 2nd quarter worth about $94,000. Worth Asset Management LLC acquired a new position in Pioneer Municipal High Income Fund in the 1st quarter worth about $110,000. Quantedge Capital Pte Ltd acquired a new position in Pioneer Municipal High Income Fund in the 1st quarter worth about $125,000. Finally, HighTower Advisors LLC acquired a new position in Pioneer Municipal High Income Fund in the 1st quarter worth about $120,000.

Pioneer Municipal High Income Fund Company Profile

Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.