Raymond James Financial Services Advisors Inc. Has $196,000 Holdings in Pioneer High Income Fund, Inc. (NYSE:PHT)

Raymond James Financial Services Advisors Inc. lessened its position in Pioneer High Income Fund, Inc. (NYSE:PHT) by 15.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 27,365 shares of the closed-end fund’s stock after selling 4,910 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Pioneer High Income Fund were worth $196,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG grew its stake in Pioneer High Income Fund by 4.6% in the third quarter. UBS Group AG now owns 827,739 shares of the closed-end fund’s stock valued at $5,554,000 after acquiring an additional 36,526 shares during the period. CoreCap Advisors LLC acquired a new stake in Pioneer High Income Fund in the fourth quarter valued at approximately $75,000. Advisors Asset Management Inc. grew its stake in Pioneer High Income Fund by 55.8% in the third quarter. Advisors Asset Management Inc. now owns 300,398 shares of the closed-end fund’s stock valued at $2,016,000 after acquiring an additional 107,566 shares during the period. AQR Arbitrage LLC boosted its position in shares of Pioneer High Income Fund by 33.1% during the third quarter. AQR Arbitrage LLC now owns 248,442 shares of the closed-end fund’s stock valued at $1,667,000 after buying an additional 61,756 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of Pioneer High Income Fund by 1.7% during the third quarter. Park Avenue Securities LLC now owns 132,574 shares of the closed-end fund’s stock valued at $890,000 after buying an additional 2,254 shares during the last quarter.

Pioneer High Income Fund Stock Down 0.3 %

Shares of NYSE:PHT opened at $7.34 on Thursday. Pioneer High Income Fund, Inc. has a 12-month low of $6.41 and a 12-month high of $7.72. The business’s 50 day moving average is $7.47 and its 200 day moving average is $7.22.

Pioneer High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 19th will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a $0.66 annualized dividend and a dividend yield of 8.99%.

Pioneer High Income Fund 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.