Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) Declares $0.04 Monthly Dividend

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a monthly dividend on Tuesday, November 5th, Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.035 per share by the investment management company on Friday, November 29th. This represents a $0.42 annualized dividend and a yield of 4.53%. The ex-dividend date is Friday, November 15th.

Pioneer Municipal High Income Fund Trading Down 1.6 %

MHI opened at $9.27 on Thursday. Pioneer Municipal High Income Fund has a one year low of $7.34 and a one year high of $9.72. The business’s fifty day moving average is $9.50 and its two-hundred day moving average is $9.21.

Insider Transactions at Pioneer Municipal High Income Fund

In other Pioneer Municipal High Income Fund news, major shareholder Saba Capital Management, L.P. purchased 4,360 shares of Pioneer Municipal High Income Fund stock in a transaction on Friday, August 23rd. The shares were bought at an average price of $9.43 per share, with a total value of $41,114.80. Following the completion of the acquisition, the insider now directly owns 3,610,614 shares of the company’s stock, valued at approximately $34,048,090.02. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders bought 34,071 shares of company stock valued at $321,179 in the last 90 days.

About Pioneer Municipal High Income Fund

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.