Robinson Capital Management buys $3,163,539 stake in Pioneer Municipal High Income Trust (MHI)

Pioneer Municipal High Income Trust (MHI) : Robinson Capital Management scooped up 22,038 additional shares in Pioneer Municipal High Income Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 230,243 shares of Pioneer Municipal High Income Trust which is valued at $3,163,539.Pioneer Municipal High Income Trust makes up approximately 2.24% of Robinson Capital Management’s portfolio.

Other Hedge Funds, Including , Raymond James Financial Services Advisors reduced its stake in MHI by selling 3,000 shares or 12.02% in the most recent quarter. The Hedge Fund company now holds 21,960 shares of MHI which is valued at $301,730.Cetera Advisor Networks boosted its stake in MHI in the latest quarter, The investment management firm added 4,566 additional shares and now holds a total of 42,724 shares of Pioneer Municipal High Income Trust which is valued at $587,028. Pioneer Municipal High Income Trust makes up approx 0.03% of Cetera Advisor Networks’s portfolio.Advisors Asset Management reduced its stake in MHI by selling 7,512 shares or 5.73% in the most recent quarter. The Hedge Fund company now holds 123,636 shares of MHI which is valued at $1,678,977. Pioneer Municipal High Income Trust makes up approx 0.03% of Advisors Asset Management’s portfolio.

Pioneer Municipal High Income Trust opened for trading at $13.61 and hit $13.62 on the upside on Thursday, eventually ending the session at $13.62, with a gain of 0.22% or 0.03 points. The heightened volatility saw the trading volume jump to 48,983 shares. Company has a market cap of $174 M.

Pioneer Municipal High Income Trust is a closed-end management investment trust. The Trust’s investment objective is to seek a high level of current income exempt from regular federal income tax and the Trust may as a secondary objective also seek capital appreciation to the extent that it is consistent with its primary investment objective. Pioneer Investment Management Inc. (PIM) is the Trust’s investment adviser.

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