Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) Declares $0.03 Monthly Dividend

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) announced a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0325 per share on Tuesday, April 1st. This represents a $0.39 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend is Friday, March 14th.

Pioneer Municipal High Income Advantage Fund has decreased its dividend by an average of 0.8% annually over the last three years.

Pioneer Municipal High Income Advantage Fund Stock Down 0.2 %

Shares of NYSE:MAV traded down $0.02 during trading on Wednesday, hitting $8.63. 29,151 shares of the company were exchanged, compared to its average volume of 48,427. Pioneer Municipal High Income Advantage Fund has a 1-year low of $7.77 and a 1-year high of $9.10. The business’s 50 day moving average is $8.55 and its 200-day moving average is $8.67.

Pioneer Municipal High Income Advantage Fund Company Profile

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.