Ameriprise Financial Inc. Purchases 7,600 Shares of Pioneer Municipal High Income Trust (MHI)

Ameriprise Financial Inc. increased its stake in Pioneer Municipal High Income Trust (NYSE:MHI) by 61.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,931 shares of the investment management company’s stock after acquiring an additional 7,600 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.09% of Pioneer Municipal High Income Trust worth $242,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wells Fargo & Company MN increased its holdings in Pioneer Municipal High Income Trust by 127.8% in the 2nd quarter. Wells Fargo & Company MN now owns 185,381 shares of the investment management company’s stock worth $2,247,000 after acquiring an additional 104,014 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in Pioneer Municipal High Income Trust by 6.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 174,257 shares of the investment management company’s stock worth $2,112,000 after acquiring an additional 9,984 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its holdings in Pioneer Municipal High Income Trust by 1.0% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 37,506 shares of the investment management company’s stock worth $455,000 after acquiring an additional 370 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: “Ameriprise Financial Inc. Purchases 7,600 Shares of Pioneer Municipal High Income Trust (MHI)” was first published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://sportsperspectives.com/2017/11/18/ameriprise-financial-inc-purchases-7600-shares-of-pioneer-municipal-high-income-trust-mhi.html.

Shares of Pioneer Municipal High Income Trust (NYSE MHI) opened at $11.94 on Friday. Pioneer Municipal High Income Trust has a 1-year low of $11.31 and a 1-year high of $12.35.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 16th will be issued a $0.0525 dividend. This represents a $0.63 annualized dividend and a yield of 5.28%. The ex-dividend date is Wednesday, November 15th. This is a positive change from Pioneer Municipal High Income Trust’s previous monthly dividend of $0.05.

Pioneer Municipal High Income Trust Company Profile

Pioneer Municipal High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income exempt from regular federal income tax, and the Trust may, as a secondary objective, also seek capital appreciation to the extent that it is consistent with its primary investment objective.

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

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

Latest News

Leave a Reply