Pioneer Investments Declares Monthly Distributions and Special One-Time Distributions for Closed-End Funds

BOSTON--()--Pioneer Investments today announced the declaration of dividends for five closed-end funds for December.

In addition, Pioneer Investments is announcing special one-time taxable distributions for Pioneer Floating Rate Trust (PHD) and Pioneer Diversified High Income Trust (HNW) related to income earned by the funds in 2016 above their normal monthly distributions, which are required to be paid in 2016.

The amount per share and timing of these distributions is below.

Ex Date:

   

December 12, 2016

Record Date:

December 14, 2016

Payable:

December 19, 2016

           

Ticker

Taxable Funds

Distribution

Per Share

Change From

Previous Month

HNW Pioneer Diversified High Income Trust $0.1150 -
PHD Pioneer Floating Rate Trust $0.0600 -
PHT Pioneer High Income Trust $0.0850 -
 

Ticker

Tax-Exempt Funds

Distribution

Per Share

Change From

Previous Month

MAV Pioneer Municipal High Income Advantage Trust $0.0625* -
MHI Pioneer Municipal High Income Trust $0.0575** -
 
               

Market
Price

Market Price

Distribution Rate

NAV

NAV

Distribution Rate

Pioneer Diversified High Income Trust $15.77 8.75% $17.18 8.03%
Pioneer Floating Rate Trust $11.87 6.07% $12.51 5.76%
Pioneer High Income Trust $9.78 10.43% $10.22 9.98%
Pioneer Municipal High Income Advantage Trust $11.82 6.35% $11.48 6.53%
Pioneer Municipal High Income Trust $11.81

5.84%

$12.42 5.56%
 

*The distribution for MAV contains approximately $0.024762 per share of taxable income. This is a one-time taxable distribution in 2016.
**The distribution for MHI contains approximately $0.018610 per share of taxable income. This is a one-time taxable distribution in 2016.

Special December 2016 Taxable Distributions

   

Ex Date:

December 15, 2016

Record Date:

December 19, 2016

Payable:

December 29, 2016

 
PHD      

Pioneer Floating Rate Trust

     

$0.008

HNW

Pioneer Diversified High Income Trust

$0.063

 

The closing market price and NAV are based on data as of December 1, 2016. The Market Price Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the market price. The NAV Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the NAV per share.

All funds are closed-end investment companies. PHD, PHT, MHI and MAV trade on the New York Stock Exchange (NYSE). HNW trades on the NYSE MKT. Pioneer Investment Management, Inc. is each fund’s investment adviser.

Keep in mind, distribution rates are not guaranteed. A fund’s distribution rate may be affected by numerous factors, including changes in actual or projected investment income, the level of undistributed net investment income, if any, and other factors. Shareholders should not draw any conclusions about a fund’s investment performance based on a fund’s current distributions. Closed-end funds, unlike open-end funds, are not continuously offered. Once issued, common shares of closed-end funds are bought and sold in the open market through a stock exchange and frequently trade at prices lower than their net asset value. Net Asset Value (NAV) is total assets less total liabilities divided by the number of common shares outstanding. For performance data on Pioneer's closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

© 2016 Pioneer Investment Management, Inc.
Member of the UniCredit Banking Group, Register of Banking Groups

Contacts

Shareholder Inquiries:
Please contact your financial advisor or visit us.pioneerinvestments.com.
or
Broker/Advisor Inquiries Please Contact:
800-622-9876
or
Media Inquiries Please Contact:
Geoff Smith, 617-422-4727

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