PHD News and Press, Pioneer Floating Rate Trust Shares of Beneficial Interest From 09/22/20

We go through what is an interesting macro picture including why the markets sold off- blame Robinhooders playing with options! Interest rates eased back down - again- after spiking. We think this could be a recurring theme for the rest of the year. Brief spikes with some rate fears. ...

Author's note : This article was released to CEF/ETF Income Laboratory members on Sep. 1, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in...

Pioneer Floating Rate Trust (PHD) (the “Fund”) announced today that, due to the public health impact of the coronavirus (“COVID-19”) pandemic and to support the health and safety of Fund shareholders, the location of the Annual Meeting of Shareholders of the Fund (...

Saba Capital Management and certain associated parties reached an agreement with Pioneer Floating Rate Trust  (NYSE: PHD ) wherein the latter will commence a cash tender offer for up to 50% of its outstanding shares at a price per share equal to 98.5% of the Fund’s net as...

Pioneer Floating Rate Trust (NYSE: PHD) announced today that the Fund’s Board of Trustees has authorized (subject to certain conditions) a cash tender offer for up to 50% of the Fund’s outstanding shares of common stock (the “Shares”) at a price per Share equal to ...

Pioneer Floating Rate Trust to Commence Tender Offer Saba Capital Management, L.P. and certain associated parties (collectively “Saba”) today announced that it has reached an agreement with Pioneer Floating Rate Trust (NYSE: PHD) (the “Fund”). Under the ...

Author's note: This article was released to CEF/ETF Income Laboratory members on August 25, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors i...

Author's note: This article was released to members on August 19, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well...

(This report was sent to members of Yield Hunting on Aug. 9. All data herein is from that date.) Table of Contents: Macro Picture Commentary: Discussion of current discounts Global Equity opps Funds on the move this week Muni trading discussion A Few Funds To Look At:...

The Fund’s Highly Qualified, Highly Credentialed, and Gender-Diverse Slate of Nominees Stands in Stark Contrast to Saba’s All-Male Slate of Nominees Handpicked from the Saba Nominee Bullpen Vote on the WHITE Proxy Card Today “FOR ALL” the Fund’...