Pioneer High Income Fund, Inc. (NYSE:PHT) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its holdings in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) by 9.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,119 shares of the closed-end fund’s stock after purchasing an additional 9,810 shares during the period. LPL Financial LLC’s holdings in Pioneer High Income Fund were worth $760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Integrated Capital Management Inc. lifted its position in Pioneer High Income Fund by 28.9% during the second quarter. Integrated Capital Management Inc. now owns 23,183 shares of the closed-end fund’s stock valued at $156,000 after purchasing an additional 5,192 shares during the period. Creative Planning acquired a new position in shares of Pioneer High Income Fund in the second quarter worth about $70,000. Foundations Investment Advisors LLC acquired a new position in shares of Pioneer High Income Fund in the second quarter worth about $2,440,000. MRA Advisory Group raised its position in shares of Pioneer High Income Fund by 43.7% in the second quarter. MRA Advisory Group now owns 27,468 shares of the closed-end fund’s stock worth $185,000 after acquiring an additional 8,354 shares during the period. Finally, Flagship Harbor Advisors LLC raised its position in shares of Pioneer High Income Fund by 65.0% in the second quarter. Flagship Harbor Advisors LLC now owns 1,155,241 shares of the closed-end fund’s stock worth $7,763,000 after acquiring an additional 455,103 shares during the period.

Pioneer High Income Fund Trading Down 0.1 %

Shares of Pioneer High Income Fund stock opened at $7.06 on Tuesday. The firm has a 50-day simple moving average of $6.77 and a two-hundred day simple moving average of $6.75. Pioneer High Income Fund, Inc. has a fifty-two week low of $6.39 and a fifty-two week high of $7.22.

Pioneer High Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th will be given a $0.055 dividend. The ex-dividend date is Wednesday, November 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 9.35%.

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.