Pioneer Municipal High Income Advantage Fund, Inc. (MAV) to Issue Monthly Dividend of $0.03 on February 28th

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) announced a monthly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0325 per share on Friday, February 28th. This represents a $0.39 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend is Tuesday, February 18th.

Pioneer Municipal High Income Advantage Fund has decreased its dividend payment by an average of 0.6% per year over the last three years.

Pioneer Municipal High Income Advantage Fund Price Performance

Shares of Pioneer Municipal High Income Advantage Fund stock opened at $8.71 on Friday. The stock has a 50-day moving average price of $8.59 and a 200 day moving average price of $8.66. Pioneer Municipal High Income Advantage Fund has a 1 year low of $7.77 and a 1 year high of $9.10.

Pioneer Municipal High Income Advantage Fund Company 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.