Press coverage about Pioneer Floating Rate Trust (NYSE:PHD) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pioneer Floating Rate Trust earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 46.5861211803882 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Pioneer Floating Rate Trust (NYSE:PHD) traded up $0.02 during midday trading on Wednesday, hitting $11.41. The company had a trading volume of 32,573 shares, compared to its average volume of 101,227. Pioneer Floating Rate Trust has a 12 month low of $11.27 and a 12 month high of $12.45.
The company also recently announced a monthly dividend, which will be paid on Thursday, March 29th. Investors of record on Wednesday, March 14th will be given a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date is Tuesday, March 13th.
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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