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

BOSTON--()--Pioneer Investments today announced the declaration of dividends for five closed-end funds for December 2012. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of November 30, 2012.

In addition, Pioneer Investments is announcing a special one-time distribution for Pioneer Diversified High Income Trust (HNW) related to income earned by the fund in 2012 above its normal monthly distribution, which is required to be paid in 2012.

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

Regular December 2012 Distribution:

Ex Date:      

December 11, 2012

Record Date:

December 13, 2012

Payable Date:

December 20, 2012

 
Fund    

Distribution

  Market Price  

Market Price
Distribution
Rate

 

NAV

 

NAV
Distribution
Rate

 

Taxable

Pioneer Diversified High Income Trust (NYSE Amex: HNW)

$0.1600 $20.73 9.26% $19.91 9.64%

Pioneer Floating Rate Trust (NYSE: PHD)

$0.0750 $13.41 6.71% $13.09 6.88%

Pioneer High Income Trust (NYSE: PHT)

$0.1375 $16.52 9.99% $13.62 12.11%

 

Tax-Exempt

Pioneer Municipal High Income Advantage Trust (NYSE: MAV)*

$0.0950 $15.77 7.23% $13.97 8.16%

Pioneer Municipal High Income Trust (NYSE: MHI)**

$0.0950 $15.82 7.21% $14.97 7.62%
 
   

Taxable-Equivalent
Distribution Rate
at Market Price

   

Taxable-Equivalent
Distribution Rate
at NAV

Pioneer Municipal High Income Advantage Trust (NYSE: MAV) 8.74% 9.87%
Pioneer Municipal High Income Trust (NYSE: MHI) 10.75% 11.36%

Taxable-Equivalent Distribution Rate is computed using the maximum federal tax rate.

*The distribution for MAV contains approximately $0.058135 per share of taxable income. This is a one-time taxable distribution in 2012.
**The distribution for MHI contains approximately $0.008275 per share of taxable income. This is a one-time taxable distribution in 2012.

Special December 2012 Taxable Distribution:

Ex Date:

         

December 14, 2012

Record Date: December 18, 2012
Payable Date:

December 28, 2012

 

Pioneer Diversified High Income Trust (HNW)             $ 0.1200

The funds are closed-end investment companies. Four of these funds trade on the New York Stock Exchange (NYSE) under the following symbols: MHI, MAV, PHT, and PHD. HNW trades on the NYSE Amex. Pioneer Investment Management, Inc. is each fund’s investment adviser.

Keep in mind, dividends are not guaranteed. Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and 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.

© 2012 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
Media Inquiries
For Pioneer Investments
Geoff Smith, 617-422-4727

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