Pioneer Floating Rate Trust (NYSE:PHD) declared a monthly dividend on Tuesday, August 6th, NASDAQ reports. Investors of record on Tuesday, August 20th will be given a dividend of 0.063 per share by the investment management company on Friday, August 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date is Monday, August 19th.
Pioneer Floating Rate Trust has increased its dividend by an average of 0.9% per year over the last three years.
Shares of NYSE PHD opened at $10.38 on Friday. Pioneer Floating Rate Trust has a one year low of $9.56 and a one year high of $11.13. The business has a 50-day moving average price of $10.54 and a two-hundred day moving average price of $10.54.
Pioneer Floating Rate Trust is 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 senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S.
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