10,460 Shares in Pioneer High Income Fund, Inc. (NYSE:PHT) Acquired by CoreCap Advisors LLC

CoreCap Advisors LLC purchased a new position in Pioneer High Income Fund, Inc. (NYSE:PHT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,460 shares of the closed-end fund’s stock, valued at approximately $75,000.

A number of other institutional investors and hedge funds have also modified their holdings of PHT. Advisor Partners II LLC acquired a new stake in shares of Pioneer High Income Fund in the 3rd quarter worth approximately $1,534,000. Morgan Stanley grew its holdings in shares of Pioneer High Income Fund by 375.2% in the 4th quarter. Morgan Stanley now owns 240,748 shares of the closed-end fund’s stock worth $1,565,000 after acquiring an additional 190,088 shares during the period. Logan Stone Capital LLC grew its holdings in shares of Pioneer High Income Fund by 372.7% in the 4th quarter. Logan Stone Capital LLC now owns 183,999 shares of the closed-end fund’s stock worth $1,196,000 after acquiring an additional 145,070 shares during the period. Invesco Ltd. grew its holdings in Pioneer High Income Fund by 35.4% during the 1st quarter. Invesco Ltd. now owns 414,879 shares of the closed-end fund’s stock valued at $3,369,000 after buying an additional 108,556 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in Pioneer High Income Fund by 55.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 300,398 shares of the closed-end fund’s stock valued at $2,016,000 after buying an additional 107,566 shares during the last quarter.

Pioneer High Income Fund Trading Up 1.2 %

Shares of NYSE:PHT opened at $7.68 on Friday. The business’s fifty day moving average price is $7.42 and its two-hundred day moving average price is $7.13. Pioneer High Income Fund, Inc. has a one year low of $6.41 and a one year high of $7.72.

Pioneer High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date of this dividend was Thursday, March 14th.

About Pioneer High Income Fund

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.