Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) Announces $0.03 Monthly Dividend

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0325 per share on Friday, January 31st. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date is Wednesday, January 15th.

Pioneer Municipal High Income Advantage Fund Stock Up 0.2 %

MAV traded up $0.02 during trading on Monday, reaching $8.55. 44,417 shares of the company’s stock were exchanged, compared to its average volume of 45,316. The business has a 50 day moving average price of $8.64 and a 200 day moving average price of $8.62. Pioneer Municipal High Income Advantage Fund has a fifty-two week low of $7.77 and a fifty-two week high of $9.10.

About Pioneer Municipal High Income Advantage Fund

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.