Pioneer Municipal High Income Fund, Inc. (MHI)
Pioneer Municipal High Income Fund, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $8.95, up 0.51% on the session, giving a market capitalisation of $203.7M. On trailing twelve-month figures it carries a trailing P/E of 38.89, a net margin of 60.9%. Its beta of 0.81 implies it has historically moved less than the broad market.
The Pioneer Municipal High Income Fund, Inc. operates as a closed-end mutual fund, with its management entrusted to Pioneer Investment Management, Inc. This investment vehicle primarily deploys capital into the debt markets of the United States, with a significant focus on municipal bonds. Its investment strategy aims for a diverse array of securities, encompassing a wide range of credit quality and maturity durations. To evaluate its effectiveness, the fund's returns are measured against two key benchmarks: the Barclays Municipal Bond Index and the Barclays High Yield Municipal Bond Index. This U.S.-based fund was formally inaugurated on March 13, 2003.
Pioneer Municipal High Income Fund, Inc. is most often compared with the following Financial Services names: