Citadel Advisors LLC Makes New $93,000 Investment in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI)

Citadel Advisors LLC acquired a new position in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,046 shares of the investment management company’s stock, valued at approximately $93,000.

A number of other large investors also recently modified their holdings of MHI. Daner Wealth Management LLC purchased a new position in shares of Pioneer Municipal High Income Fund in the 4th quarter worth about $247,000. Noble Wealth Management PBC purchased a new position in shares of Pioneer Municipal High Income Fund in the 4th quarter worth about $282,000. Blue Bell Private Wealth Management LLC raised its holdings in shares of Pioneer Municipal High Income Fund by 5.5% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 33,742 shares of the investment management company’s stock worth $312,000 after purchasing an additional 1,773 shares during the period. Bank of America Corp DE raised its holdings in shares of Pioneer Municipal High Income Fund by 6.5% in the 4th quarter. Bank of America Corp DE now owns 34,955 shares of the investment management company’s stock worth $324,000 after purchasing an additional 2,133 shares during the period. Finally, Stifel Financial Corp raised its holdings in shares of Pioneer Municipal High Income Fund by 6.0% in the 4th quarter. Stifel Financial Corp now owns 38,049 shares of the investment management company’s stock worth $352,000 after purchasing an additional 2,159 shares during the period.

Pioneer Municipal High Income Fund Stock Performance

Pioneer Municipal High Income Fund stock opened at $9.13 on Tuesday. The stock’s 50-day moving average is $9.04 and its 200-day moving average is $9.28. Pioneer Municipal High Income Fund, Inc. has a 12 month low of $8.63 and a 12 month high of $9.74.

Pioneer Municipal High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.60%.

About Pioneer Municipal High Income Fund

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.