Pathstone Holdings LLC Increases Stake in Pioneer High Income Fund, Inc. (NYSE:PHT)

Pathstone Holdings LLC lifted its stake in Pioneer High Income Fund, Inc. (NYSE:PHTFree Report) by 9.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,332,034 shares of the closed-end fund’s stock after acquiring an additional 110,985 shares during the period. Pathstone Holdings LLC’s holdings in Pioneer High Income Fund were worth $10,324,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of PHT. Park Avenue Securities LLC raised its position in shares of Pioneer High Income Fund by 5.9% in the 4th quarter. Park Avenue Securities LLC now owns 128,071 shares of the closed-end fund’s stock valued at $993,000 after purchasing an additional 7,183 shares during the last quarter. Uncommon Cents Investing LLC raised its position in shares of Pioneer High Income Fund by 39.5% in the 4th quarter. Uncommon Cents Investing LLC now owns 23,850 shares of the closed-end fund’s stock valued at $185,000 after purchasing an additional 6,750 shares during the last quarter. Atomi Financial Group Inc. raised its position in shares of Pioneer High Income Fund by 10.3% in the 4th quarter. Atomi Financial Group Inc. now owns 38,806 shares of the closed-end fund’s stock valued at $301,000 after purchasing an additional 3,608 shares during the last quarter. Apollon Wealth Management LLC purchased a new position in shares of Pioneer High Income Fund in the 4th quarter valued at approximately $110,000. Finally, Truist Financial Corp purchased a new position in shares of Pioneer High Income Fund in the 4th quarter valued at approximately $151,000.

Pioneer High Income Fund Stock Performance

Shares of NYSE:PHT opened at $7.96 on Friday. Pioneer High Income Fund, Inc. has a twelve month low of $6.62 and a twelve month high of $8.04. The company’s 50 day moving average is $7.55 and its 200 day moving average is $7.74.

Pioneer High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a $0.055 dividend. The ex-dividend date is Friday, May 16th. This represents a $0.66 annualized dividend and a yield of 8.29%.

About Pioneer High Income Fund

(Free Report)

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.

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Institutional Ownership by Quarter for Pioneer High Income Fund (NYSE:PHT)

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