Citigroup Inc. increased its stake in shares of Pioneer High Income Trust (NYSE:PHT) by 4.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 92,909 shares of the closed-end fund’s stock after acquiring an additional 3,625 shares during the period. Citigroup Inc. owned approximately 0.32% of Pioneer High Income Trust worth $919,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in PHT. Lincoln National Corp lifted its position in Pioneer High Income Trust by 7.3% during the 2nd quarter. Lincoln National Corp now owns 15,552 shares of the closed-end fund’s stock worth $154,000 after acquiring an additional 1,064 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in Pioneer High Income Trust by 2.8% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 18,326 shares of the closed-end fund’s stock worth $181,000 after acquiring an additional 500 shares in the last quarter. IFC Holdings Incorporated FL lifted its position in Pioneer High Income Trust by 60.3% during the 2nd quarter. IFC Holdings Incorporated FL now owns 22,597 shares of the closed-end fund’s stock worth $224,000 after acquiring an additional 8,497 shares in the last quarter. SG Americas Securities LLC lifted its position in Pioneer High Income Trust by 22.5% during the 2nd quarter. SG Americas Securities LLC now owns 35,470 shares of the closed-end fund’s stock worth $351,000 after acquiring an additional 6,519 shares in the last quarter. Finally, CIBC World Markets Inc. acquired a new position in Pioneer High Income Trust during the 2nd quarter worth approximately $383,000.

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Pioneer High Income Trust (NYSE:PHT) opened at 10.05 on Friday. Pioneer High Income Trust has a 52-week low of $9.36 and a 52-week high of $10.54. The company’s 50-day moving average price is $9.90 and its 200 day moving average price is $9.92.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Wednesday, October 18th will be issued a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.76%. The ex-dividend date of this dividend is Tuesday, October 17th.

About Pioneer High Income Trust

Pioneer 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 and to seek capital appreciation. The Trust seeks to invest in corporate bonds and notes, senior secured floating rate loan interests, convertible bonds and notes, preferred stocks, common stocks, sovereign debt obligations, collateralized mortgage obligations, asset-backed securities and convertible preferred stocks, among others.

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

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