先锋浮动利率基金公司（纽约证券交易所代码：PHD）空头利率更新

Pioneer Floating Rate Fund, Inc. (NYSE:PHD – Get Rating) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 36,000 shares, a decline of 74.2% from the December 31st total of 139,600 shares. Based on an average daily trading volume, of 66,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of PHD. Advisor Group Holdings Inc. grew its stake in Pioneer Floating Rate Fund by 15.2% in the first quarter. Advisor Group Holdings Inc. now owns 26,817 shares of the investment management company's stock valued at $281,000 after purchasing an additional 3,544 shares in the last quarter. Royal Bank of Canada grew its stake in Pioneer Floating Rate Fund by 14.5% in the first quarter. Royal Bank of Canada now owns 94,515 shares of the investment management company's stock valued at $990,000 after purchasing an additional 12,001 shares in the last quarter. Bank of America Corp DE grew its stake in Pioneer Floating Rate Fund by 7.1% in the first quarter. Bank of America Corp DE now owns 231,577 shares of the investment management company's stock valued at $2,425,000 after purchasing an additional 15,301 shares in the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in shares of Pioneer Floating Rate Fund in the second quarter worth about $41,000. Finally, AEGON USA Investment Management LLC acquired a new stake in shares of Pioneer Floating Rate Fund in the second quarter worth about $120,000.

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Pioneer Floating Rate Fund Stock Performance

Shares of PHD stock traded up $0.05 on Thursday, reaching $9.00. 40,592 shares of the company's stock traded hands, compared to its average volume of 78,411. Pioneer Floating Rate Fund has a 12-month low of $8.46 and a 12-month high of $11.76. The business's 50 day moving average price is $8.82 and its two-hundred day moving average price is $8.91.

Pioneer Floating Rate Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, January 9th. Shareholders of record on Friday, December 30th were paid a $0.085 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $1.02 dividend on an annualized basis and a yield of 11.33%. This is an increase from Pioneer Floating Rate Fund's previous monthly dividend of $0.08.

Pioneer Floating Rate Fund Company Profile

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Pioneer Floating Rate Fund, Inc is 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 senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S.

Further Reading

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