Pioneer Floating Rate Fund, Inc. (NYSE:PHD) Plans Dividend of $0.09

Pioneer Floating Rate Fund, Inc. (NYSE:PHD) declared a dividend on Wednesday, July 3rd, NASDAQ reports. Shareholders of record on Friday, July 19th will be paid a dividend of 0.0925 per share by the investment management company on Wednesday, July 31st. The ex-dividend date of this dividend is Friday, July 19th.

Pioneer Floating Rate Fund Stock Performance

Shares of PHD traded up $0.04 during trading hours on Thursday, reaching $9.86. 22,925 shares of the company’s stock traded hands, compared to its average volume of 63,025. The firm’s 50 day simple moving average is $9.74 and its 200-day simple moving average is $9.59. Pioneer Floating Rate Fund has a 12 month low of $8.46 and a 12 month high of $9.98.

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.