Pioneer Floating Rate Fund, Inc. (NYSE:PHD – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.80 and traded as high as $9.85. Pioneer Floating Rate Fund shares last traded at $9.83, with a volume of 43,032 shares traded.
Pioneer Floating Rate Fund Trading Up 0.2 %
The business has a 50-day moving average of $9.88 and a 200-day moving average of $9.80.
Pioneer Floating Rate Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 18th will be issued a dividend of $0.0925 per share. The ex-dividend date of this dividend is Friday, October 18th. This represents a $1.11 annualized dividend and a dividend yield of 11.33%.
Hedge Funds Weigh In On Pioneer Floating Rate Fund
About Pioneer Floating Rate Fund
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.
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