13,175 Shares in Pioneer High Income Fund, Inc. (NYSE:PHT) Purchased by Advisor Resource Council

Advisor Resource Council bought a new position in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,175 shares of the closed-end fund’s stock, valued at approximately $105,000.

Several other large investors have also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC acquired a new stake in Pioneer High Income Fund during the second quarter worth about $77,000. Melfa Wealth Management Inc. acquired a new stake in Pioneer High Income Fund during the second quarter worth about $97,000. Wolverine Asset Management LLC acquired a new stake in Pioneer High Income Fund during the second quarter worth about $175,000. Integrated Capital Management Inc. increased its stake in Pioneer High Income Fund by 12.0% during the second quarter. Integrated Capital Management Inc. now owns 24,425 shares of the closed-end fund’s stock worth $184,000 after acquiring an additional 2,621 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its stake in Pioneer High Income Fund by 18.5% during the second quarter. Atomi Financial Group Inc. now owns 35,458 shares of the closed-end fund’s stock worth $267,000 after acquiring an additional 5,545 shares during the last quarter.

Pioneer High Income Fund Stock Performance

Shares of NYSE:PHT opened at $7.92 on Friday. The business has a 50-day moving average of $7.89 and a two-hundred day moving average of $7.66. Pioneer High Income Fund, Inc. has a 12 month low of $6.81 and a 12 month high of $8.04.

Pioneer High Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.66 annualized dividend and a yield of 8.33%.

Pioneer High Income Fund 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.