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Pioneer Municipal High Income Trust Sentiment Improves on Better Stock Potential

Sentiment for Pioneer Municipal High Income Trust (NYSE:MHI)

Pioneer Municipal High Income Trust (NYSE:MHI) institutional sentiment increased to 1.64 in 2018 Q2. Its up 0.07, from 1.57 in 2018Q1. The ratio increased, as 18 funds opened new and increased equity positions, while 11 reduced and sold stock positions in Pioneer Municipal High Income Trust. The funds in our partner’s database now own: 3.60 million shares, down from 3.78 million shares in 2018Q1. Also, the number of funds holding Pioneer Municipal High Income Trust in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 14 New Position: 4.

Pioneer Municipal High Income Trust is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The company has market cap of $249.35 million. It invests in the fixed income markets of the United States. It has a 28.15 P/E ratio. The fund primarily invests in municipal securities.

The stock increased 0.55% or $0.06 during the last trading session, reaching $10.95. About 81,014 shares traded. Pioneer Municipal High Income Trust (NYSE:MHI) has declined 4.58% since November 10, 2017 and is downtrending. It has underperformed by 20.20% the S&P500.

Robinson Capital Management Llc holds 1.63% of its portfolio in Pioneer Municipal High Income Trust for 493,042 shares. City Of London Investment Management Co Ltd owns 345,238 shares or 0.32% of their US portfolio. Moreover, Capital Investment Advisors Llc has 0.11% invested in the company for 161,620 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.08% in the stock. Thomas J. Herzfeld Advisors Inc., a Florida-based fund reported 17,288 shares.

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