Pioneer Municipal High Income Fund, Inc. (MHI) To Go Ex-Dividend on July 19th

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a dividend on Wednesday, July 3rd, NASDAQ reports. Shareholders of record on Friday, July 19th will be given a dividend of 0.035 per share by the investment management company on Wednesday, July 31st. The ex-dividend date of this dividend is Friday, July 19th.

Pioneer Municipal High Income Fund Price Performance

Shares of Pioneer Municipal High Income Fund stock opened at $9.13 on Friday. The company has a fifty day moving average of $8.92 and a 200-day moving average of $8.76. Pioneer Municipal High Income Fund has a 52-week low of $6.93 and a 52-week high of $9.25.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. acquired 11,105 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The shares were bought at an average cost of $8.91 per share, with a total value of $98,945.55. Following the transaction, the insider now owns 3,449,685 shares of the company’s stock, valued at approximately $30,736,693.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders purchased 19,408 shares of company stock worth $171,533.

About Pioneer Municipal High Income Fund

Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.