Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) Shares Sold by Wagner Wealth Management LLC

Wagner Wealth Management LLC cut its holdings in Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) by 46.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,717 shares of the investment management company’s stock after selling 30,500 shares during the quarter. Wagner Wealth Management LLC’s holdings in Pioneer Municipal High Income Fund were worth $331,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Stifel Financial Corp lifted its stake in Pioneer Municipal High Income Fund by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 35,890 shares of the investment management company’s stock valued at $345,000 after buying an additional 1,836 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of Pioneer Municipal High Income Fund by 4.4% during the fourth quarter. Park Avenue Securities LLC now owns 113,263 shares of the investment management company’s stock worth $1,049,000 after purchasing an additional 4,767 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new position in Pioneer Municipal High Income Fund in the 4th quarter valued at $736,000. Finally, Rivernorth Capital Management LLC boosted its stake in Pioneer Municipal High Income Fund by 135.8% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,288,638 shares of the investment management company’s stock worth $12,371,000 after purchasing an additional 742,058 shares during the last quarter.

Pioneer Municipal High Income Fund Stock Performance

Shares of Pioneer Municipal High Income Fund stock opened at $9.44 on Monday. Pioneer Municipal High Income Fund, Inc. has a 1-year low of $8.45 and a 1-year high of $9.74. The stock’s 50 day simple moving average is $9.43 and its 200-day simple moving average is $9.44.

Pioneer Municipal High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a $0.035 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.42 dividend on an annualized basis and a yield of 4.45%.

Pioneer Municipal High Income Fund Company Profile

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.