Capital Investment Advisors LLC lowered its position in Pioneer High Income Trust (NYSE:PHT) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 273,005 shares of the closed-end fund’s stock after selling 7,025 shares during the quarter. Capital Investment Advisors LLC owned approximately 0.93% of Pioneer High Income Trust worth $2,651,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the business. Sit Investment Associates Inc. lifted its stake in shares of Pioneer High Income Trust by 2,024.7% during the 4th quarter. Sit Investment Associates Inc. now owns 320,356 shares of the closed-end fund’s stock worth $3,111,000 after buying an additional 305,278 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Pioneer High Income Trust during the 3rd quarter worth about $192,000. Cohen & Steers Inc. lifted its stake in shares of Pioneer High Income Trust by 4.1% during the 3rd quarter. Cohen & Steers Inc. now owns 444,451 shares of the closed-end fund’s stock worth $4,453,000 after buying an additional 17,472 shares during the last quarter. City of London Investment Management Co. Ltd. acquired a new stake in shares of Pioneer High Income Trust during the 3rd quarter worth about $1,035,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Pioneer High Income Trust during the 3rd quarter worth about $128,000.
Shares of Pioneer High Income Trust (NYSE PHT) opened at $9.80 on Thursday. Pioneer High Income Trust has a 12 month low of $9.47 and a 12 month high of $10.12.
The business also recently announced a monthly dividend, which was paid on Friday, January 5th. Stockholders of record on Friday, December 29th were paid a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.96%. The ex-dividend date was Thursday, December 28th.
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Pioneer High Income Trust Company Profile
Pioneer High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income and to seek capital appreciation. The Trust seeks to invest in corporate bonds and notes, senior secured floating rate loan interests, convertible bonds and notes, preferred stocks, common stocks, sovereign debt obligations, collateralized mortgage obligations, asset-backed securities and convertible preferred stocks, among others.
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