Flagship Harbor Advisors LLC Has $2.11 Million Position in Pioneer High Income Trust (PHT)

Flagship Harbor Advisors LLC boosted its position in Pioneer High Income Trust (NYSE:PHT) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 235,947 shares of the closed-end fund’s stock after buying an additional 5,560 shares during the period. Flagship Harbor Advisors LLC’s holdings in Pioneer High Income Trust were worth $2,111,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of PHT. Janney Montgomery Scott LLC purchased a new position in Pioneer High Income Trust in the 4th quarter valued at $148,000. Envestnet Asset Management Inc. purchased a new position in Pioneer High Income Trust in the 3rd quarter valued at $204,000. Raymond James Financial Services Advisors Inc. grew its position in Pioneer High Income Trust by 3.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 39,268 shares of the closed-end fund’s stock valued at $313,000 after buying an additional 1,441 shares during the last quarter. Karpus Management Inc. grew its position in Pioneer High Income Trust by 7.4% in the 4th quarter. Karpus Management Inc. now owns 40,825 shares of the closed-end fund’s stock valued at $325,000 after buying an additional 2,800 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Pioneer High Income Trust in the 4th quarter valued at $356,000.

NYSE:PHT traded up $0.05 during midday trading on Monday, reaching $9.30. The stock had a trading volume of 76,900 shares, compared to its average volume of 125,620. Pioneer High Income Trust has a 12-month low of $7.76 and a 12-month high of $9.64.

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 17th will be given a dividend of $0.0675 per share. The ex-dividend date is Tuesday, April 16th. This represents a $0.81 annualized dividend and a dividend yield of 8.71%.

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Pioneer High Income Trust Company Profile

Pioneer High Income Trust 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. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar national rating service.

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Institutional Ownership by Quarter for Pioneer High Income Trust (NYSE:PHT)

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