Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) Shares Sold by Wagner Wealth Management LLC

Wagner Wealth Management LLC reduced its holdings in shares of Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) by 46.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,717 shares of the investment management company’s stock after selling 30,500 shares during the quarter. Wagner Wealth Management LLC’s holdings in Pioneer Municipal High Income Fund were worth $331,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Stifel Financial Corp lifted its stake in Pioneer Municipal High Income Fund by 5.4% during the third quarter. Stifel Financial Corp now owns 35,890 shares of the investment management company’s stock worth $345,000 after purchasing an additional 1,836 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in Pioneer Municipal High Income Fund in the fourth quarter valued at approximately $736,000. Park Avenue Securities LLC raised its holdings in Pioneer Municipal High Income Fund by 4.4% during the fourth quarter. Park Avenue Securities LLC now owns 113,263 shares of the investment management company’s stock worth $1,049,000 after purchasing an additional 4,767 shares in the last quarter. Finally, Rivernorth Capital Management LLC lifted its position in shares of Pioneer Municipal High Income Fund by 135.8% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,288,638 shares of the investment management company’s stock worth $12,371,000 after buying an additional 742,058 shares during the last quarter.

Pioneer Municipal High Income Fund Stock Down 0.6 %

NYSE MHI opened at $9.44 on Monday. The firm’s fifty day moving average price is $9.43 and its 200 day moving average price is $9.44. Pioneer Municipal High Income Fund, Inc. has a 12 month low of $8.45 and a 12 month high of $9.74.

Pioneer Municipal High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be issued a $0.035 dividend. This represents a $0.42 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend is Tuesday, February 18th.

Pioneer Municipal High Income Fund Profile

Pioneer Municipal High Income Fund, Inc is a 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 municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.