Apollon Wealth Management LLC Takes Position in Pioneer High Income Fund, Inc. (NYSE:PHT)

Apollon Wealth Management LLC purchased a new position in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,225 shares of the closed-end fund’s stock, valued at approximately $110,000.

A number of other large investors have also recently made changes to their positions in the company. Avior Wealth Management LLC boosted its position in shares of Pioneer High Income Fund by 27.1% during the third quarter. Avior Wealth Management LLC now owns 12,338 shares of the closed-end fund’s stock valued at $99,000 after buying an additional 2,632 shares during the period. Advisor Resource Council bought a new position in Pioneer High Income Fund in the 3rd quarter valued at $105,000. Uncommon Cents Investing LLC increased its stake in Pioneer High Income Fund by 39.5% in the fourth quarter. Uncommon Cents Investing LLC now owns 23,850 shares of the closed-end fund’s stock worth $185,000 after purchasing an additional 6,750 shares during the period. Atomi Financial Group Inc. lifted its position in shares of Pioneer High Income Fund by 10.3% during the fourth 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 during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of 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 purchasing an additional 12,000 shares during the period.

Pioneer High Income Fund Stock Up 0.4 %

PHT stock opened at $7.96 on Friday. Pioneer High Income Fund, Inc. has a 12 month low of $7.21 and a 12 month high of $8.04. The firm’s 50-day moving average is $7.84 and its 200 day moving average is $7.84.

Pioneer High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.29%. The ex-dividend date is Tuesday, February 18th.

Pioneer High Income Fund Company 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.