International Assets Investment Management LLC Has $1.10 Million Stock Holdings in Pioneer High Income Fund, Inc. (NYSE:PHT)

International Assets Investment Management LLC lifted its stake in shares of Pioneer High Income Fund, Inc. (NYSE:PHT) by 702.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 153,832 shares of the closed-end fund’s stock after purchasing an additional 134,667 shares during the quarter. International Assets Investment Management LLC’s holdings in Pioneer High Income Fund were worth $1,100,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. CoreCap Advisors LLC acquired a new position in Pioneer High Income Fund during the fourth quarter valued at approximately $75,000. Raymond James & Associates increased its stake in shares of Pioneer High Income Fund by 29.8% in the 3rd quarter. Raymond James & Associates now owns 15,214 shares of the closed-end fund’s stock valued at $102,000 after purchasing an additional 3,492 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of Pioneer High Income Fund by 1.7% during the 3rd quarter. Park Avenue Securities LLC now owns 132,574 shares of the closed-end fund’s stock worth $890,000 after buying an additional 2,254 shares in the last quarter. Advisor Partners II LLC bought a new stake in shares of Pioneer High Income Fund during the 3rd quarter worth $1,534,000. Finally, AQR Arbitrage LLC boosted its stake 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 valued at $1,667,000 after buying an additional 61,756 shares in the last quarter.

Pioneer High Income Fund Trading Up 0.4 %

Pioneer High Income Fund stock opened at $7.35 on Tuesday. Pioneer High Income Fund, Inc. has a 12-month low of $6.41 and a 12-month high of $7.72. The business’s 50-day moving average price is $7.47 and its two-hundred day moving average price is $7.22.

Pioneer High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 19th will be issued a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 8.98%. The ex-dividend date of this dividend is Thursday, April 18th.

About Pioneer High Income Fund

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.