Headlines about Pioneer Floating Rate Trust (NYSE:PHD) have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pioneer Floating Rate Trust earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 45.6574673184535 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Pioneer Floating Rate Trust (PHD) traded up $0.05 during trading hours on Wednesday, reaching $11.55. The company had a trading volume of 44,300 shares, compared to its average volume of 80,026. Pioneer Floating Rate Trust has a 52 week low of $11.40 and a 52 week high of $12.45.
The business also recently announced a monthly dividend, which will be paid on Monday, December 18th. Shareholders of record on Thursday, December 14th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $0.72 dividend on an annualized basis and a yield of 6.23%.
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Pioneer Floating Rate Trust (Trust) is a diversified, closed-end management investment company. The investment objective of the Trust is to provide a high level of current income and the Trust may seek preservation of capital to the extent consistent with its investment objective of high current income, as a secondary objective.
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