Clear Creek Financial Management LLC Acquires 29,380 Shares of Pioneer Floating Rate Fund, Inc. $PHD

Clear Creek Financial Management LLC grew its holdings in shares of Pioneer Floating Rate Fund, Inc. (NYSE:PHD) by 20.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 173,155 shares of the investment management company’s stock after buying an additional 29,380 shares during the period. Clear Creek Financial Management LLC’s holdings in Pioneer Floating Rate Fund were worth $1,700,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Riverbridge Partners LLC boosted its holdings in shares of Pioneer Floating Rate Fund by 4.0% during the 2nd quarter. Riverbridge Partners LLC now owns 62,293 shares of the investment management company’s stock valued at $612,000 after buying an additional 2,423 shares in the last quarter. Absolute Investment Advisers LLC purchased a new position in shares of Pioneer Floating Rate Fund in the 2nd quarter worth about $699,000. Royal Bank of Canada raised its position in shares of Pioneer Floating Rate Fund by 4.2% in the 1st quarter. Royal Bank of Canada now owns 99,160 shares of the investment management company’s stock worth $939,000 after purchasing an additional 3,962 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of Pioneer Floating Rate Fund in the 1st quarter worth about $254,000. Finally, Ethos Financial Group LLC purchased a new position in shares of Pioneer Floating Rate Fund in the 1st quarter worth about $2,040,000.

Pioneer Floating Rate Fund Price Performance

PHD opened at $9.96 on Friday. The stock has a 50-day moving average price of $9.94 and a 200-day moving average price of $9.71. Pioneer Floating Rate Fund, Inc. has a 1 year low of $8.25 and a 1 year high of $10.00.

Pioneer Floating Rate Fund 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.