Raymond James Financial Services Advisors Inc. cut its position in shares of Pioneer High Income Trust (NYSE:PHT) by 11.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,213 shares of the closed-end fund’s stock after selling 6,585 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Pioneer High Income Trust were worth $526,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in Pioneer High Income Trust by 10.2% during the second quarter. Royal Bank of Canada now owns 31,845 shares of the closed-end fund’s stock worth $315,000 after buying an additional 2,955 shares in the last quarter. Robinson Capital Management LLC boosted its holdings in Pioneer High Income Trust by 11.3% during the second quarter. Robinson Capital Management LLC now owns 382,722 shares of the closed-end fund’s stock worth $3,785,000 after buying an additional 39,004 shares in the last quarter. MML Investors Services LLC boosted its holdings in Pioneer High Income Trust by 6.4% during the second quarter. MML Investors Services LLC now owns 171,234 shares of the closed-end fund’s stock worth $1,694,000 after buying an additional 10,325 shares in the last quarter. Citigroup Inc. boosted its holdings in Pioneer High Income Trust by 4.1% during the second quarter. Citigroup Inc. now owns 92,909 shares of the closed-end fund’s stock worth $919,000 after buying an additional 3,625 shares in the last quarter. Finally, CIBC World Markets Inc. purchased a new stake in Pioneer High Income Trust during the second quarter worth $383,000.

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Wednesday, October 18th were paid a dividend of $0.065 per share. This represents a $0.78 annualized dividend and a dividend yield of 7.83%. The ex-dividend date was Tuesday, October 17th.

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Pioneer High Income Trust Profile

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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