Landscape Capital Management L.L.C. Sells 51,391 Shares of Pioneer High Income Fund, Inc. (NYSE:PHT)

Landscape Capital Management L.L.C. decreased its holdings in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) by 43.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,683 shares of the closed-end fund’s stock after selling 51,391 shares during the period. Landscape Capital Management L.L.C.’s holdings in Pioneer High Income Fund were worth $517,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Thomas J. Herzfeld Advisors Inc. boosted its holdings in Pioneer High Income Fund by 4.6% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 179,982 shares of the closed-end fund’s stock worth $1,395,000 after acquiring an additional 7,858 shares in the last quarter. LPL Financial LLC increased its holdings in Pioneer High Income Fund by 4.4% in the 4th quarter. LPL Financial LLC now owns 138,465 shares of the closed-end fund’s stock worth $1,073,000 after acquiring an additional 5,781 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Pioneer High Income Fund by 5.9% during 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 period. Rockefeller Capital Management L.P. raised its holdings in Pioneer High Income Fund by 14.6% during the third quarter. Rockefeller Capital Management L.P. now owns 94,470 shares of the closed-end fund’s stock valued at $756,000 after acquiring an additional 12,000 shares during the period. Finally, Atomi Financial Group Inc. lifted its holdings in 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 worth $301,000 after purchasing an additional 3,608 shares in the last quarter.

Pioneer High Income Fund Price Performance

Shares of Pioneer High Income Fund stock opened at $7.20 on Monday. The stock has a 50 day moving average of $7.80 and a 200 day moving average of $7.83. Pioneer High Income Fund, Inc. has a 12 month low of $7.09 and a 12 month high of $8.04.

Pioneer High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a yield of 9.17%. The ex-dividend date of this dividend was Friday, March 14th.

About Pioneer High Income Fund

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.