Pioneer Municipal High Income Advantage Fund, Inc. Plans Monthly Dividend of $0.03 (NYSE:MAV)

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0325 per share on Friday, January 31st. This represents a $0.39 annualized dividend and a dividend yield of 4.57%. The ex-dividend date is Wednesday, January 15th.

Pioneer Municipal High Income Advantage Fund Price Performance

NYSE:MAV opened at $8.53 on Wednesday. Pioneer Municipal High Income Advantage Fund has a 52 week low of $7.77 and a 52 week high of $9.10. The firm has a 50 day moving average of $8.64 and a 200 day moving average of $8.62.

Pioneer Municipal High Income Advantage Fund Company Profile

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.