Van ECK Associates Corp Has $1.52 Million Holdings in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI)

Van ECK Associates Corp increased its stake in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 163,778 shares of the investment management company’s stock after purchasing an additional 1,125 shares during the period. Van ECK Associates Corp’s holdings in Pioneer Municipal High Income Fund were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MHI. Stifel Financial Corp boosted its stake in shares of Pioneer Municipal High Income Fund by 5.4% during the 3rd quarter. Stifel Financial Corp now owns 35,890 shares of the investment management company’s stock worth $345,000 after buying an additional 1,836 shares during the last quarter. Hennion & Walsh Asset Management Inc. acquired a new position in shares of Pioneer Municipal High Income Fund during the 4th quarter worth about $736,000. Park Avenue Securities LLC boosted its stake in shares of Pioneer Municipal High Income Fund by 4.4% during the 4th quarter. Park Avenue Securities LLC now owns 113,263 shares of the investment management company’s stock worth $1,049,000 after buying an additional 4,767 shares during the last quarter. Finally, Rivernorth Capital Management LLC boosted its stake in shares of 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 worth $12,371,000 after buying an additional 742,058 shares during the last quarter.

Pioneer Municipal High Income Fund Trading Up 0.6 %

Shares of NYSE:MHI opened at $9.40 on Friday. Pioneer Municipal High Income Fund, Inc. has a 52-week low of $8.45 and a 52-week high of $9.74. The company has a 50-day simple moving average of $9.39 and a 200 day simple moving average of $9.46.

Pioneer Municipal High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a $0.035 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.42 annualized dividend and a yield of 4.47%.

Pioneer Municipal High Income Fund Company 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.