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

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) declared a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.0325 per share on Tuesday, April 1st. This represents a $0.39 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend is Friday, March 14th.

Pioneer Municipal High Income Advantage Fund has decreased its dividend by an average of 0.8% annually over the last three years.

Pioneer Municipal High Income Advantage Fund Stock Down 0.2 %

Shares of NYSE:MAV traded down $0.02 during midday trading on Wednesday, reaching $8.63. The company’s stock had a trading volume of 29,151 shares, compared to its average volume of 48,427. Pioneer Municipal High Income Advantage Fund has a fifty-two week low of $7.77 and a fifty-two week high of $9.10. The firm has a 50 day moving average price of $8.55 and a two-hundred day moving average price of $8.67.

Pioneer Municipal High Income Advantage Fund Company Profile

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.