Foundations Investment Advisors LLC Has $3.46 Million Position in Pioneer High Income Fund, Inc. (NYSE:PHT)

Foundations Investment Advisors LLC boosted its stake in shares of Pioneer High Income Fund, Inc. (NYSE:PHTFree Report) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 468,584 shares of the closed-end fund’s stock after acquiring an additional 47,462 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Pioneer High Income Fund were worth $3,463,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. UBS Group AG raised its stake in Pioneer High Income Fund by 4.6% during the third quarter. UBS Group AG now owns 827,739 shares of the closed-end fund’s stock worth $5,554,000 after acquiring an additional 36,526 shares in the last quarter. CoreCap Advisors LLC acquired a new position in Pioneer High Income Fund during the fourth quarter worth $75,000. Advisors Asset Management Inc. grew its holdings in shares of Pioneer High Income Fund by 55.8% during the third quarter. Advisors Asset Management Inc. now owns 300,398 shares of the closed-end fund’s stock worth $2,016,000 after purchasing an additional 107,566 shares during the last quarter. AQR Arbitrage LLC increased its stake in shares of Pioneer High Income Fund by 33.1% in the third quarter. AQR Arbitrage LLC now owns 248,442 shares of the closed-end fund’s stock valued at $1,667,000 after buying an additional 61,756 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Pioneer High Income Fund by 29.8% in the third quarter. Raymond James & Associates now owns 15,214 shares of the closed-end fund’s stock valued at $102,000 after buying an additional 3,492 shares during the last quarter.

Pioneer High Income Fund Stock Up 0.7 %

NYSE:PHT traded up $0.05 during mid-day trading on Wednesday, reaching $7.54. 41,993 shares of the company were exchanged, compared to its average volume of 75,758. Pioneer High Income Fund, Inc. has a 12 month low of $6.41 and a 12 month high of $7.72. The company has a fifty day moving average of $7.49 and a 200 day moving average of $7.31.

Pioneer High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.66 annualized dividend and a dividend yield of 8.75%.

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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