Nomura Holdings Inc. Invests $83,000 in Pioneer High Income Fund, Inc. (NYSE:PHT)

Nomura Holdings Inc. purchased a new stake in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,542 shares of the closed-end fund’s stock, valued at approximately $83,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PHT. International Assets Investment Management LLC boosted its holdings in shares of Pioneer High Income Fund by 702.7% during the 4th quarter. International Assets Investment Management LLC now owns 153,832 shares of the closed-end fund’s stock valued at $1,100,000 after buying an additional 134,667 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in 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 acquiring an additional 107,566 shares in the last quarter. AQR Arbitrage LLC grew its holdings in 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 worth $1,667,000 after purchasing an additional 61,756 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of Pioneer High Income Fund by 11.3% during the fourth quarter. Foundations Investment Advisors LLC now owns 468,584 shares of the closed-end fund’s stock valued at $3,463,000 after purchasing an additional 47,462 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of 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 valued at $5,554,000 after purchasing an additional 36,526 shares during the last quarter.

Pioneer High Income Fund Stock Performance

Pioneer High Income Fund stock opened at $7.47 on Tuesday. Pioneer High Income Fund, Inc. has a twelve month low of $6.41 and a twelve month high of $7.72. The stock’s 50 day moving average is $7.41 and its 200 day moving average is $7.40.

Pioneer High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 18th will be issued a dividend of $0.055 per share. The ex-dividend date is Tuesday, June 18th. This represents a $0.66 annualized dividend and a dividend yield of 8.84%.

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.