Pioneer Floating Rate Fund, Inc. (PHD) To Go Ex-Dividend on September 20th

Pioneer Floating Rate Fund, Inc. (NYSE:PHD) announced a monthly dividend on Wednesday, September 4th, NASDAQ reports. Investors of record on Friday, September 20th will be paid a dividend of 0.0925 per share by the investment management company on Monday, September 30th. This represents a $1.11 annualized dividend and a dividend yield of 11.26%. The ex-dividend date is Friday, September 20th.

Pioneer Floating Rate Fund Stock Performance

Shares of PHD stock opened at $9.86 on Friday. Pioneer Floating Rate Fund has a fifty-two week low of $8.46 and a fifty-two week high of $10.05. The stock’s fifty day moving average is $9.83 and its two-hundred day moving average is $9.74.

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.