Pioneer Floating Rate Trust Stock Forecast, Price & News

Wall Street analysts have given Pioneer Floating Rate Trust a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pioneer Floating Rate Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Pioneer Floating Rate Trust saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 48,500 shares, an increase of 44.8% from the March 15th total of 33,500 shares. Based on an average daily trading volume, of 89,800 shares, the short-interest ratio is presently 0.5 days.
View Pioneer Floating Rate Trust's Short Interest.

Pioneer Floating Rate Trust's stock was trading at $9.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PHD shares have increased by 16.2% and is now trading at $11.21.
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Pioneer Floating Rate Trust declared a monthly dividend on Wednesday, April 7th. Investors of record on Monday, April 19th will be paid a dividend of $0.0625 per share on Friday, April 30th. This represents a $0.75 dividend on an annualized basis and a yield of 6.69%. The ex-dividend date of this dividend is Friday, April 16th.
View Pioneer Floating Rate Trust's dividend history.

Pioneer Floating Rate Trust pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.07%.
View Pioneer Floating Rate Trust's dividend history.

2 employees have rated Pioneer Floating Rate Trust CEO Gary M. Clifford on Glassdoor.com. Gary M. Clifford has an approval rating of 100% among Pioneer Floating Rate Trust's employees. This puts Gary M. Clifford in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Pioneer Floating Rate Trust include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Pioneer Floating Rate Trust investors own include International Business Machines (IBM), Intel (INTC), Delta Air Lines (DAL), Gilead Sciences (GILD), Allergan (AGN), Assured Guaranty (AGO), Amgen (AMGN), CACI International (CACI), CVS Health (CVS) and First Trust High Income Long/Short Fund (FSD).

Pioneer Floating Rate Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHD."

Pioneer Floating Rate Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Lake Street Financial LLC (0.00%) and NEXT Financial Group Inc (0.00%).
View institutional ownership trends for Pioneer Floating Rate Trust.

PHD stock was bought by a variety of institutional investors in the last quarter, including Lake Street Financial LLC, and NEXT Financial Group Inc.
View insider buying and selling activity for Pioneer Floating Rate Trust or or view top insider-buying stocks.

Shares of PHD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PHD stock can currently be purchased for approximately $11.21.

The official website for Pioneer Floating Rate Trust is us.pioneerinvestments.com.

Pioneer Floating Rate Trust is headquartered at 60 State St, BOSTON, MA 02109-1800, United States.

Pioneer Floating Rate Trust's mailing address is 60 State St, BOSTON, MA 02109-1800, United States. The investment management company can be reached via phone at 617-422-4700.