Media coverage about Pioneer Floating Rate Trust (NYSE:PHD) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pioneer Floating Rate Trust earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 46.5385004301361 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
PHD stock traded up $0.05 during trading on Friday, hitting $11.42. The company had a trading volume of 35,802 shares, compared to its average volume of 87,628. Pioneer Floating Rate Trust has a one year low of $11.27 and a one year high of $12.22.
The firm also recently declared a monthly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be paid a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 6.30%. The ex-dividend date of this dividend is Thursday, June 14th.
Pioneer Floating Rate Trust Company Profile
Pioneer Floating Rate Trust (Trust) is a diversified, closed-end management investment company. The investment objective of the Trust is to provide a high level of current income and the Trust may seek preservation of capital to the extent consistent with its investment objective of high current income, as a secondary objective.
Receive News & Ratings for Pioneer Floating Rate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Floating Rate Trust and related companies with MarketBeat.com's FREE daily email newsletter.