5 Monthly Dividend Stocks to Buy in April

3. Pioneer Floating Rate Fund, Inc. (NYSE:PHD)

Dividend Yield as of April 6: 6.60%

Number of Hedge Fund Holders: N/A

Pioneer Floating Rate Fund, Inc. (NYSE:PHD) is a close-ended fixed income mutual fund that focuses on the fixed income markets of the United States, particularly investing in senior secured floating-rate loans. Pioneer Floating Rate Fund, Inc. (NYSE:PHD) yields 6.60% as of April 6. 

Pioneer Floating Rate Fund, Inc. (NYSE:PHD) announced on April 5 a $0.0575 per share monthly dividend, in line with previous. The dividend is payable on April 29, to shareholders of the fund at the close of business on April 19.