Pioneer Floating Rate Fund, Inc. (NYSE:PHD – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.77 and traded as high as $9.93. Pioneer Floating Rate Fund shares last traded at $9.90, with a volume of 54,780 shares traded.
Pioneer Floating Rate Fund Price Performance
The stock has a 50-day moving average of $9.84 and a 200-day moving average of $9.77.
Pioneer Floating Rate Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 20th were given a $0.0925 dividend. The ex-dividend date was Friday, September 20th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 11.21%.
Institutional Investors Weigh In On Pioneer Floating Rate Fund
About Pioneer Floating Rate Fund
Pioneer Floating Rate Fund, Inc is 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 senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S.
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