Pioneer Floating Rate Trust (PHD) Shares Sold by Camarda Financial Advisors LLC

Camarda Financial Advisors LLC reduced its stake in shares of Pioneer Floating Rate Trust (NYSE:PHD) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 484,457 shares of the investment management company’s stock after selling 78,978 shares during the quarter. Pioneer Floating Rate Trust accounts for 6.7% of Camarda Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. Camarda Financial Advisors LLC owned about 1.96% of Pioneer Floating Rate Trust worth $5,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in PHD. City of London Investment Management Co. Ltd. boosted its holdings in Pioneer Floating Rate Trust by 64.2% in the third quarter. City of London Investment Management Co. Ltd. now owns 162,984 shares of the investment management company’s stock valued at $1,944,000 after acquiring an additional 63,721 shares during the last quarter. Relative Value Partners Group LLC boosted its holdings in Pioneer Floating Rate Trust by 2.9% in the third quarter. Relative Value Partners Group LLC now owns 579,504 shares of the investment management company’s stock valued at $6,931,000 after acquiring an additional 16,590 shares during the last quarter. Beacon Financial Group boosted its holdings in Pioneer Floating Rate Trust by 19.0% in the third quarter. Beacon Financial Group now owns 101,207 shares of the investment management company’s stock valued at $1,210,000 after acquiring an additional 16,172 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Pioneer Floating Rate Trust by 4.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 62,471 shares of the investment management company’s stock valued at $743,000 after acquiring an additional 2,494 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Pioneer Floating Rate Trust by 32.8% in the second quarter. Ameriprise Financial Inc. now owns 81,381 shares of the investment management company’s stock valued at $967,000 after acquiring an additional 20,123 shares during the last quarter.

Shares of Pioneer Floating Rate Trust (PHD) traded up $0.02 on Monday, reaching $11.43. The company’s stock had a trading volume of 36,700 shares, compared to its average volume of 124,242. Pioneer Floating Rate Trust has a 12-month low of $11.27 and a 12-month high of $12.45.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 6.30%. The ex-dividend date of this dividend is Thursday, February 15th.

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Pioneer Floating Rate Trust Company Profile

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.

Institutional Ownership by Quarter for Pioneer Floating Rate Trust (NYSE:PHD)

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