Uncommon Cents Investing LLC Raises Position in Pioneer High Income Fund, Inc. (NYSE:PHT)

Uncommon Cents Investing LLC lifted its holdings in Pioneer High Income Fund, Inc. (NYSE:PHT) by 39.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,850 shares of the closed-end fund’s stock after purchasing an additional 6,750 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Pioneer High Income Fund were worth $185,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PHT. Park Avenue Securities LLC increased its holdings in shares of Pioneer High Income Fund by 5.9% during the fourth quarter. Park Avenue Securities LLC now owns 128,071 shares of the closed-end fund’s stock valued at $993,000 after acquiring an additional 7,183 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Pioneer High Income Fund by 14.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 94,470 shares of the closed-end fund’s stock worth $756,000 after purchasing an additional 12,000 shares during the last quarter. Landscape Capital Management L.L.C. increased its stake in Pioneer High Income Fund by 32.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 118,074 shares of the closed-end fund’s stock valued at $945,000 after purchasing an additional 29,213 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Pioneer High Income Fund by 0.9% during the third quarter. Advisors Asset Management Inc. now owns 372,473 shares of the closed-end fund’s stock worth $2,980,000 after buying an additional 3,210 shares during the period. Finally, Avior Wealth Management LLC increased its position in shares of Pioneer High Income Fund by 27.1% in the 3rd quarter. Avior Wealth Management LLC now owns 12,338 shares of the closed-end fund’s stock valued at $99,000 after acquiring an additional 2,632 shares during the period.

Pioneer High Income Fund Stock Up 0.2 %

Shares of PHT opened at $7.80 on Monday. The stock has a 50-day moving average of $7.83 and a two-hundred day moving average of $7.81. Pioneer High Income Fund, Inc. has a one year low of $7.10 and a one year high of $8.04.

Pioneer High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.66 annualized dividend and a yield of 8.47%.

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.