Fiera Capital Corp Acquires 14,214 Shares of Pioneer Floating Rate Fund, Inc. (NYSE:PHD)

Fiera Capital Corp lifted its holdings in Pioneer Floating Rate Fund, Inc. (NYSE:PHD) by 127.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,384 shares of the investment management company’s stock after buying an additional 14,214 shares during the period. Fiera Capital Corp’s holdings in Pioneer Floating Rate Fund were worth $291,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Sowell Financial Services LLC bought a new position in Pioneer Floating Rate Fund during the 1st quarter valued at about $79,000. Commonwealth Equity Services LLC grew its holdings in Pioneer Floating Rate Fund by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 13,000 shares of the investment management company’s stock valued at $148,000 after purchasing an additional 1,000 shares during the last quarter. Flagship Harbor Advisors LLC grew its holdings in Pioneer Floating Rate Fund by 8.1% during the 1st quarter. Flagship Harbor Advisors LLC now owns 141,959 shares of the investment management company’s stock valued at $1,627,000 after purchasing an additional 10,590 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in Pioneer Floating Rate Fund by 489.8% during the 1st quarter. Capital Investment Advisors LLC now owns 453,894 shares of the investment management company’s stock valued at $5,202,000 after purchasing an additional 376,935 shares during the last quarter. Finally, Congress Park Capital LLC bought a new position in Pioneer Floating Rate Fund during the 1st quarter valued at about $189,000.

Shares of NYSE:PHD opened at $11.56 on Friday. Pioneer Floating Rate Fund, Inc. has a 12 month low of $9.29 and a 12 month high of $11.67. The firm’s 50-day moving average price is $11.30.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Thursday, June 17th will be given a $0.0625 dividend. The ex-dividend date of this dividend is Wednesday, June 16th. This represents a $0.75 annualized dividend and a yield of 6.49%.

Pioneer Floating Rate Fund Company Profile

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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Institutional Ownership by Quarter for Pioneer Floating Rate Fund (NYSE:PHD)

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