Foundations Investment Advisors LLC trimmed its holdings in shares of Pioneer High Income Fund, Inc. (NYSE:PHT – Free Report) by 31.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,871 shares of the closed-end fund’s stock after selling 4,993 shares during the period. Foundations Investment Advisors LLC’s holdings in Pioneer High Income Fund were worth $87,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. PNC Financial Services Group Inc. acquired a new position in Pioneer High Income Fund during the fourth quarter worth $72,000. Clear Creek Financial Management LLC acquired a new position in shares of Pioneer High Income Fund during the 2nd quarter worth $77,000. Melfa Wealth Management Inc. purchased a new position in shares of Pioneer High Income Fund in the 2nd quarter valued at about $97,000. Wolverine Asset Management LLC acquired a new stake in shares of Pioneer High Income Fund in the second quarter valued at about $175,000. Finally, Integrated Capital Management Inc. boosted its holdings in Pioneer High Income Fund by 12.0% during the second quarter. Integrated Capital Management Inc. now owns 24,425 shares of the closed-end fund’s stock worth $184,000 after buying an additional 2,621 shares in the last quarter.
Pioneer High Income Fund Stock Performance
Shares of PHT opened at $7.78 on Monday. Pioneer High Income Fund, Inc. has a twelve month low of $6.41 and a twelve month high of $8.04. The firm’s 50-day moving average is $7.89 and its two-hundred day moving average is $7.64.
Pioneer High Income Fund Announces Dividend
Pioneer High Income Fund Profile
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.
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