Nuveen LLC Purchases New Position in Pioneer Municipal High Income Advantage Fund, Inc. $MAV

Nuveen LLC purchased a new stake in shares of Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 40,709 shares of the company’s stock, valued at approximately $340,000.

Other institutional investors also recently bought and sold shares of the company. Integrated Capital Management Inc. grew its holdings in Pioneer Municipal High Income Advantage Fund by 9.9% in the first quarter. Integrated Capital Management Inc. now owns 24,623 shares of the company’s stock valued at $206,000 after purchasing an additional 2,211 shares during the period. Chicago Partners Investment Group LLC grew its holdings in Pioneer Municipal High Income Advantage Fund by 5.9% in the first quarter. Chicago Partners Investment Group LLC now owns 39,811 shares of the company’s stock valued at $327,000 after purchasing an additional 2,232 shares during the period. Envestnet Asset Management Inc. grew its holdings in Pioneer Municipal High Income Advantage Fund by 2.1% in the first quarter. Envestnet Asset Management Inc. now owns 128,411 shares of the company’s stock valued at $1,072,000 after purchasing an additional 2,590 shares during the period. Baird Financial Group Inc. grew its holdings in Pioneer Municipal High Income Advantage Fund by 5.5% in the fourth quarter. Baird Financial Group Inc. now owns 142,809 shares of the company’s stock valued at $1,204,000 after purchasing an additional 7,472 shares during the period. Finally, Insigneo Advisory Services LLC grew its holdings in Pioneer Municipal High Income Advantage Fund by 87.0% in the first quarter. Insigneo Advisory Services LLC now owns 43,000 shares of the company’s stock valued at $359,000 after purchasing an additional 20,000 shares during the period.

Pioneer Municipal High Income Advantage Fund Price Performance

Shares of MAV opened at $8.09 on Friday. Pioneer Municipal High Income Advantage Fund, Inc. has a 12 month low of $7.62 and a 12 month high of $9.10. The stock’s 50 day moving average is $8.15 and its two-hundred day moving average is $8.25.

Pioneer Municipal High Income Advantage Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Friday, July 18th were issued a $0.0325 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Friday, July 18th.

Pioneer Municipal High Income Advantage Fund Profile

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.