Park Avenue Securities LLC Purchases 4,767 Shares of Pioneer Municipal High Income Fund, Inc. (NYSE:MHI)

Park Avenue Securities LLC increased its position in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) by 4.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 113,263 shares of the investment management company’s stock after buying an additional 4,767 shares during the period. Park Avenue Securities LLC’s holdings in Pioneer Municipal High Income Fund were worth $1,049,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Stifel Financial Corp lifted its position in shares of Pioneer Municipal High Income Fund by 5.4% in the third quarter. Stifel Financial Corp now owns 35,890 shares of the investment management company’s stock valued at $345,000 after acquiring an additional 1,836 shares in the last quarter. Whitebox Advisors LLC raised its stake in Pioneer Municipal High Income Fund by 48.3% during the 2nd quarter. Whitebox Advisors LLC now owns 329,238 shares of the investment management company’s stock valued at $3,009,000 after purchasing an additional 107,248 shares during the period. Finally, Rivernorth Capital Management LLC raised its stake in Pioneer Municipal High Income Fund by 135.8% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,288,638 shares of the investment management company’s stock valued at $12,371,000 after purchasing an additional 742,058 shares during the period.

Pioneer Municipal High Income Fund Stock Performance

MHI stock opened at $9.40 on Tuesday. Pioneer Municipal High Income Fund, Inc. has a 1-year low of $8.34 and a 1-year high of $9.74. The business has a 50 day simple moving average of $9.45 and a two-hundred day simple moving average of $9.42.

Pioneer Municipal High Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.035 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.47%.

Pioneer Municipal High Income Fund Profile

Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.