News articles about Pioneer Floating Rate Trust (NYSE:PHD) have trended somewhat positive on Saturday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public 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 coverage optimism score of 0.05 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.5246272662842 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Pioneer Floating Rate Trust traded up $0.01, hitting $11.18, during mid-day trading on Friday, Marketbeat.com reports. The company had a trading volume of 85,204 shares, compared to its average volume of 85,180. Pioneer Floating Rate Trust has a 52-week low of $11.16 and a 52-week high of $12.22.
The firm also recently declared a monthly dividend, which was paid on Friday, June 29th. Investors of record on Friday, June 15th were paid a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date of this dividend was Thursday, June 14th.
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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