Media stories about Pioneer Floating Rate (NYSE:PHD) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pioneer Floating Rate earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 46.5861211803882 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
NYSE PHD opened at $11.67 on Friday. Pioneer Floating Rate has a 1 year low of $11.27 and a 1 year high of $12.45.
The business also recently declared a monthly dividend, which was paid on Thursday, March 29th. Shareholders of record on Wednesday, March 14th were issued a $0.06 dividend. The ex-dividend date was Tuesday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 6.17%.
About Pioneer Floating Rate
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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