Pioneer High Income Trust (NYSE:PHT) Stock Holdings Lifted by Robinson Capital Management LLC

Robinson Capital Management LLC lifted its position in Pioneer High Income Trust (NYSE:PHT) by 22.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 193,613 shares of the closed-end fund’s stock after acquiring an additional 35,070 shares during the period. Robinson Capital Management LLC’s holdings in Pioneer High Income Trust were worth $1,847,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PHT. Janney Montgomery Scott LLC grew its position in Pioneer High Income Trust by 5.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 49,726 shares of the closed-end fund’s stock valued at $474,000 after purchasing an additional 2,581 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in Pioneer High Income Trust by 14.2% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 31,654 shares of the closed-end fund’s stock valued at $286,000 after purchasing an additional 3,948 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in Pioneer High Income Trust by 1.9% during the third quarter. Flagship Harbor Advisors LLC now owns 239,805 shares of the closed-end fund’s stock valued at $2,211,000 after purchasing an additional 4,358 shares in the last quarter. Park Avenue Securities LLC grew its position in Pioneer High Income Trust by 15.1% during the third quarter. Park Avenue Securities LLC now owns 34,987 shares of the closed-end fund’s stock valued at $323,000 after purchasing an additional 4,600 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Pioneer High Income Trust by 15.5% during the third quarter. Envestnet Asset Management Inc. now owns 35,221 shares of the closed-end fund’s stock valued at $325,000 after purchasing an additional 4,716 shares in the last quarter.

PHT traded up $0.03 on Friday, reaching $9.96. 92,618 shares of the company traded hands, compared to its average volume of 115,426. The stock’s 50 day moving average price is $9.63 and its 200-day moving average price is $9.36. Pioneer High Income Trust has a 52-week low of $8.65 and a 52-week high of $9.99.

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be given a dividend of $0.068 per share. This represents a $0.82 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date is Tuesday, February 18th.

About Pioneer High Income Trust

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.

See Also: What is the Consumer Price Index (CPI)?

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

Receive News & Ratings for Pioneer High Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer High Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.