Flagship Harbor Advisors LLC Sells 15,507 Shares of Pioneer High Income Fund, Inc. (NYSE:PHT)

Flagship Harbor Advisors LLC cut its stake in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) by 1.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,006,646 shares of the closed-end fund’s stock after selling 15,507 shares during the period. Flagship Harbor Advisors LLC’s holdings in Pioneer High Income Fund were worth $7,802,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisors Asset Management Inc. increased its position 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 valued at $2,980,000 after buying an additional 3,210 shares during the period. Park Avenue Securities LLC increased its position in shares of Pioneer High Income Fund by 5.9% in the fourth quarter. Park Avenue Securities LLC now owns 128,071 shares of the closed-end fund’s stock worth $993,000 after purchasing an additional 7,183 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Pioneer High Income Fund by 14.6% in the third 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 position in shares of Pioneer High Income Fund by 32.9% in the third quarter. Landscape Capital Management L.L.C. now owns 118,074 shares of the closed-end fund’s stock worth $945,000 after purchasing an additional 29,213 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of Pioneer High Income Fund by 1.1% in the third quarter. Capital Investment Advisors LLC now owns 171,171 shares of the closed-end fund’s stock worth $1,369,000 after purchasing an additional 1,795 shares during the last quarter.

Pioneer High Income Fund Stock Performance

PHT stock opened at $7.86 on Friday. The company’s 50 day moving average is $7.83 and its 200 day moving average is $7.81. Pioneer High Income Fund, Inc. has a 1-year low of $7.21 and a 1-year high of $8.04.

Pioneer High Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.055 dividend. This represents a $0.66 annualized dividend and a dividend yield of 8.39%. The ex-dividend date is Wednesday, January 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.