Envestnet Asset Management Inc. Has $884,000 Stake in Pioneer High Income Fund, Inc. (NYSE:PHT)

Envestnet Asset Management Inc. increased its position in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 94,346 shares of the closed-end fund’s stock after buying an additional 2,981 shares during the period. Envestnet Asset Management Inc.’s holdings in Pioneer High Income Fund were worth $884,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of PHT. Flagship Harbor Advisors LLC boosted its position in Pioneer High Income Fund by 6.6% during the first quarter. Flagship Harbor Advisors LLC now owns 440,515 shares of the closed-end fund’s stock worth $4,128,000 after purchasing an additional 27,313 shares during the period. Guggenheim Capital LLC boosted its position in Pioneer High Income Fund by 6.2% during the fourth quarter. Guggenheim Capital LLC now owns 294,069 shares of the closed-end fund’s stock worth $2,623,000 after purchasing an additional 17,173 shares during the period. Park Avenue Securities LLC boosted its position in Pioneer High Income Fund by 2.6% during the first quarter. Park Avenue Securities LLC now owns 92,727 shares of the closed-end fund’s stock worth $869,000 after purchasing an additional 2,379 shares during the period. LPL Financial LLC boosted its position in Pioneer High Income Fund by 12.9% during the fourth quarter. LPL Financial LLC now owns 33,273 shares of the closed-end fund’s stock worth $297,000 after purchasing an additional 3,807 shares during the period. Finally, Clear Creek Financial Management LLC bought a new position in Pioneer High Income Fund during the fourth quarter worth $186,000.

PHT stock opened at $9.94 on Friday. The stock’s fifty day moving average is $9.80. Pioneer High Income Fund, Inc. has a one year low of $7.31 and a one year high of $10.16.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Thursday, June 17th will be given a dividend of $0.0725 per share. This represents a $0.87 dividend on an annualized basis and a yield of 8.75%. This is a boost from Pioneer High Income Fund’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Wednesday, June 16th.

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.

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

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