19,500 Shares in Pioneer High Income Fund, Inc. (NYSE:PHT) Purchased by Truist Financial Corp

Truist Financial Corp purchased a new position in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 19,500 shares of the closed-end fund’s stock, valued at approximately $151,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PHT. Avior Wealth Management LLC grew its holdings in 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 worth $99,000 after purchasing an additional 2,632 shares during the period. Advisor Resource Council bought a new position in Pioneer High Income Fund during the third quarter worth about $105,000. Apollon Wealth Management LLC bought a new position in Pioneer High Income Fund during the fourth quarter worth about $110,000. Uncommon Cents Investing LLC grew its holdings in Pioneer High Income Fund by 39.5% during 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. Finally, Atomi Financial Group Inc. grew its holdings in 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 period.

Pioneer High Income Fund Trading Down 0.2 %

Pioneer High Income Fund stock opened at $7.80 on Friday. Pioneer High Income Fund, Inc. has a 52 week low of $7.21 and a 52 week high of $8.04. The stock has a 50-day simple moving average of $7.85 and a 200 day simple moving average of $7.86.

Pioneer High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.47%. The ex-dividend date of this dividend is Friday, March 14th.

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.