Pioneer Municipal High Income Advantage Fund, Inc. (MAV) To Go Ex-Dividend on November 15th

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) declared a monthly dividend on Tuesday, November 5th, Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0325 per share on Friday, November 29th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Friday, November 15th.

Pioneer Municipal High Income Advantage Fund Stock Down 2.2 %

MAV opened at $8.52 on Thursday. Pioneer Municipal High Income Advantage Fund has a twelve month low of $6.85 and a twelve month high of $9.10. The company has a fifty day simple moving average of $8.77 and a 200 day simple moving average of $8.43.

Insider Buying and Selling at Pioneer Municipal High Income Advantage Fund

In other Pioneer Municipal High Income Advantage Fund news, major shareholder Saba Capital Management, L.P. acquired 3,318 shares of the stock in a transaction on Friday, August 16th. The stock was purchased at an average price of $8.69 per share, for a total transaction of $28,833.42. Following the purchase, the insider now directly owns 3,201,679 shares in the company, valued at $27,822,590.51. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 144,075 shares of company stock valued at $1,247,243 in the last ninety days.

About Pioneer Municipal High Income Advantage Fund

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.