Pioneer Floating Rate Trust (NYSE:PHD): Stock Institutional Investors Feel Good About

July 12, 2018 - By Hazel Jackson

Sentiment for Pioneer Floating Rate Trust (NYSE:PHD)

Pioneer Floating Rate Trust (NYSE:PHD) institutional sentiment increased to 1.29 in 2018 Q1. Its up 0.59, from 0.7 in 2017Q4. The ratio increased, as 18 funds increased and opened new positions, while 14 decreased and sold their holdings in Pioneer Floating Rate Trust. The funds in our partner’s database now possess: 5.52 million shares, down from 5.88 million shares in 2017Q4. Also, the number of funds holding Pioneer Floating Rate Trust in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 4 Reduced: 10 Increased: 10 New Position: 8.

The stock decreased 0.22% or $0.0242 during the last trading session, reaching $11.1358. About 78,127 shares traded. Pioneer Floating Rate Trust (NYSE:PHD) has declined 4.76% since July 12, 2017 and is downtrending. It has underperformed by 17.33% the S&P500.

Shaker Financial Services Llc holds 1.29% of its portfolio in Pioneer Floating Rate Trust for 228,695 shares. Comerica Securities Inc owns 172,870 shares or 0.25% of their US portfolio. Moreover, Capital Investment Advisors Llc has 0.24% invested in the company for 315,360 shares. The Texas-based Beacon Financial Group has invested 0.12% in the stock. City Of London Investment Management Co Ltd, a United Kingdom-based fund reported 120,696 shares.

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