27,000 Shares in Pioneer High Income Trust (NYSE:PHT) Purchased by Weiss Asset Management LP

Weiss Asset Management LP acquired a new position in Pioneer High Income Trust (NYSE:PHT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 27,000 shares of the closed-end fund’s stock, valued at approximately $243,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Fiera Capital Corp increased its holdings in Pioneer High Income Trust by 6.5% in the 2nd quarter. Fiera Capital Corp now owns 21,945 shares of the closed-end fund’s stock worth $198,000 after acquiring an additional 1,334 shares during the last quarter. LPL Financial LLC increased its holdings in Pioneer High Income Trust by 18.2% in the 2nd quarter. LPL Financial LLC now owns 29,416 shares of the closed-end fund’s stock worth $265,000 after acquiring an additional 4,538 shares during the last quarter. Shaker Financial Services LLC increased its holdings in Pioneer High Income Trust by 182.7% in the 2nd quarter. Shaker Financial Services LLC now owns 57,812 shares of the closed-end fund’s stock worth $520,000 after acquiring an additional 37,365 shares during the last quarter. Mid Atlantic Financial Management Inc. ADV increased its holdings in Pioneer High Income Trust by 6.4% in the 2nd quarter. Mid Atlantic Financial Management Inc. ADV now owns 123,018 shares of the closed-end fund’s stock worth $1,107,000 after acquiring an additional 7,409 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Pioneer High Income Trust by 12.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,505 shares of the closed-end fund’s stock worth $275,000 after acquiring an additional 3,480 shares during the last quarter.

PHT traded up $0.05 during trading hours on Monday, hitting $9.30. The stock had a trading volume of 940 shares, compared to its average volume of 111,632. The company’s fifty day simple moving average is $9.18 and its 200 day simple moving average is $9.14. Pioneer High Income Trust has a 1 year low of $7.76 and a 1 year high of $9.51.

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 18th will be issued a $0.068 dividend. This represents a $0.82 annualized dividend and a yield of 8.77%. The ex-dividend date of this dividend is Tuesday, September 17th.

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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