Avior Wealth Management LLC Acquires 2,632 Shares of Pioneer High Income Fund, Inc. (NYSE:PHT)

Avior Wealth Management LLC raised its holdings in Pioneer High Income Fund, Inc. (NYSE:PHT) by 27.1% during the third quarter, Holdings Channel.com reports. The fund owned 12,338 shares of the closed-end fund’s stock after purchasing an additional 2,632 shares during the period. Avior Wealth Management LLC’s holdings in Pioneer High Income Fund were worth $99,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PHT. Atomi Financial Group Inc. lifted its stake in shares of Pioneer High Income Fund by 18.5% in the 2nd quarter. Atomi Financial Group Inc. now owns 35,458 shares of the closed-end fund’s stock valued at $267,000 after purchasing an additional 5,545 shares during the period. Wolverine Asset Management LLC acquired a new position in Pioneer High Income Fund in the second quarter valued at about $175,000. Allspring Global Investments Holdings LLC bought a new position in Pioneer High Income Fund during the second quarter worth about $1,039,000. Shaker Financial Services LLC grew its position in shares of Pioneer High Income Fund by 197.1% during the 2nd quarter. Shaker Financial Services LLC now owns 155,045 shares of the closed-end fund’s stock worth $1,166,000 after buying an additional 102,863 shares during the period. Finally, Capital Investment Advisors LLC increased its stake in shares of Pioneer High Income Fund by 1.1% in the 3rd quarter. Capital Investment Advisors LLC now owns 171,171 shares of the closed-end fund’s stock valued at $1,369,000 after acquiring an additional 1,795 shares during the last quarter.

Pioneer High Income Fund Trading Up 1.0 %

Shares of NYSE:PHT opened at $7.86 on Friday. The firm’s 50 day simple moving average is $7.88 and its 200 day simple moving average is $7.69. Pioneer High Income Fund, Inc. has a fifty-two week low of $7.00 and a fifty-two week high of $8.04.

Pioneer High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.055 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.66 annualized dividend and a yield of 8.40%.

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.