Robinson Capital Management LLC Acquires 38,314 Shares of Pioneer Municipal High Income Trust (NYSE:MHI)

Robinson Capital Management LLC lifted its holdings in shares of Pioneer Municipal High Income Trust (NYSE:MHI) by 6.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 612,877 shares of the investment management company’s stock after buying an additional 38,314 shares during the quarter. Pioneer Municipal High Income Trust comprises 2.3% of Robinson Capital Management LLC’s investment portfolio, making the stock its 14th biggest position. Robinson Capital Management LLC’s holdings in Pioneer Municipal High Income Trust were worth $7,318,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MHI. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Pioneer Municipal High Income Trust by 574.0% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 180,012 shares of the investment management company’s stock worth $1,973,000 after buying an additional 153,305 shares during the last quarter. Cohen & Steers Inc. increased its holdings in shares of Pioneer Municipal High Income Trust by 223.2% in the 4th quarter. Cohen & Steers Inc. now owns 88,844 shares of the investment management company’s stock worth $974,000 after buying an additional 61,351 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in shares of Pioneer Municipal High Income Trust by 14.2% in the 4th quarter. Capital Investment Advisors LLC now owns 205,289 shares of the investment management company’s stock worth $2,250,000 after buying an additional 25,604 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Pioneer Municipal High Income Trust by 32.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 97,923 shares of the investment management company’s stock worth $1,089,000 after buying an additional 24,087 shares during the last quarter. Finally, Wealthstreet Investment Advisors LLC bought a new position in shares of Pioneer Municipal High Income Trust in the 4th quarter worth $273,000.

MHI stock opened at $11.90 on Thursday. Pioneer Municipal High Income Trust has a 52 week low of $10.61 and a 52 week high of $12.07.

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 17th will be given a dividend of $0.0525 per share. The ex-dividend date of this dividend is Tuesday, April 16th. This represents a $0.63 annualized dividend and a yield of 5.29%.

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About Pioneer Municipal High Income Trust

Pioneer Municipal High Income Trust 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.

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

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