Pioneer Municipal High Income Advantage Fund, Inc. (MAV) To Go Ex-Dividend on August 17th

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAVGet Rating) announced a monthly dividend on Thursday, August 4th, Zacks reports. Shareholders of record on Thursday, August 18th will be paid a dividend of 0.044 per share on Wednesday, August 31st. This represents a $0.53 annualized dividend and a yield of 5.71%. The ex-dividend date of this dividend is Wednesday, August 17th. This is an increase from Pioneer Municipal High Income Advantage Fund’s previous monthly dividend of $0.04.

Pioneer Municipal High Income Advantage Fund Price Performance

MAV traded up $0.02 during trading on Friday, hitting $9.25. The stock had a trading volume of 121,485 shares, compared to its average volume of 73,141. Pioneer Municipal High Income Advantage Fund has a twelve month low of $8.25 and a twelve month high of $12.60. The stock has a 50 day simple moving average of $8.92 and a two-hundred day simple moving average of $9.54.

Institutional Investors Weigh In On Pioneer Municipal High Income Advantage Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Robinson Capital Management LLC lifted its position in Pioneer Municipal High Income Advantage Fund by 154.9% during the first quarter. Robinson Capital Management LLC now owns 371,887 shares of the company’s stock valued at $3,656,000 after purchasing an additional 225,967 shares during the period. Guggenheim Capital LLC lifted its position in Pioneer Municipal High Income Advantage Fund by 18.3% during the first quarter. Guggenheim Capital LLC now owns 298,721 shares of the company’s stock valued at $2,937,000 after purchasing an additional 46,254 shares during the period. Baird Financial Group Inc. lifted its position in Pioneer Municipal High Income Advantage Fund by 20.4% during the first quarter. Baird Financial Group Inc. now owns 47,390 shares of the company’s stock valued at $466,000 after purchasing an additional 8,030 shares during the period. Royal Bank of Canada lifted its position in Pioneer Municipal High Income Advantage Fund by 6.2% during the first quarter. Royal Bank of Canada now owns 47,130 shares of the company’s stock valued at $463,000 after purchasing an additional 2,746 shares during the period. Finally, Walleye Capital LLC acquired a new position in Pioneer Municipal High Income Advantage Fund during the first quarter valued at $108,000.

About Pioneer Municipal High Income Advantage Fund

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Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.

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Dividend History for Pioneer Municipal High Income Advantage Fund (NYSE:MAV)

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