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

Pioneer Floating Rate Fund, Inc. (NYSE:PHDGet Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Friday, May 17th will be paid a dividend of 0.0925 per share by the investment management company on Friday, May 31st. This represents a $1.11 dividend on an annualized basis and a yield of 11.20%. The ex-dividend date is Thursday, May 16th.

Pioneer Floating Rate Fund Price Performance

NYSE PHD traded up $0.15 during midday trading on Wednesday, hitting $9.91. The company had a trading volume of 13,188 shares, compared to its average volume of 66,591. Pioneer Floating Rate Fund has a twelve month low of $8.30 and a twelve month high of $9.93. The firm has a 50-day moving average price of $9.66 and a 200-day moving average price of $9.40.

Pioneer Floating Rate Fund Company Profile

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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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Dividend History for Pioneer Floating Rate Fund (NYSE:PHD)

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