Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds

BOSTON--()--Amundi Pioneer Asset Management today announced the declaration of dividends for five Pioneer closed-end funds for June.

   
Ex Date: June 14, 2018
Record Date: June 15, 2018
Payable: June 29, 2018
 
           

Ticker

Taxable Funds

Distribution
Per Share

Change From
Previous Month

HNW Pioneer Diversified High Income Trust $0.0950 -
PHD Pioneer Floating Rate Trust $0.0600 -
PHT Pioneer High Income Trust $0.0650 -
 

Ticker

Tax-Exempt Funds

Distribution
Per Share

Change From
Previous Month

MAV Pioneer Municipal High Income Advantage Trust $0.0525 -
MHI Pioneer Municipal High Income Trust $0.0525 -
 
               

Market
Price

Market Price
Distribution Rate

NAV

NAV
Distribution Rate

Pioneer Diversified High Income Trust $14.78 7.71% $16.92 6.74%
Pioneer Floating Rate Trust $11.41 6.31% $12.36 5.83%
Pioneer High Income Trust $9.45 8.25% $10.44 7.47%
Pioneer Municipal High Income Advantage Trust $11.10 5.68% $11.62 5.42%
Pioneer Municipal High Income Trust $11.57 5.45% $12.60 5.00%
 

The closing market price and NAV are based on data as of June 1, 2018. 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 NYSEAMER.

Amundi Pioneer Asset Management, Inc. is each fund’s investment adviser. On July 3, 2017, the name of the adviser was changed from Pioneer Investment Management, Inc., coinciding with its acquisition by Amundi. As a result of the transaction, Amundi Pioneer Asset Management, Inc. became an indirect wholly owned subsidiary of Amundi. Amundi, one of the world’s largest asset managers, is headquartered in Paris, France.

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 Amundi Pioneer's closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

About Amundi Pioneer Asset Management
Amundi Pioneer Asset Management (Amundi Pioneer) references the U.S. business of Amundi, Europe’s largest asset manager by assets under management and among the top ten global asset managers.1 Amundi Pioneer was formed in July 2017 as part of Amundi’s acquisition of Pioneer Investments, and includes the operations of Amundi Pioneer Asset Management USA, Inc. based in Boston and Durham, NC. Boston is one of Amundi’s six main investment hubs and incorporates the capabilities of the regional hub in Durham, formerly known as Amundi Smith Breeden, LLC. Amundi Pioneer relies on its extensive experience and close partnerships with wealth management firms, distribution platforms, and institutional investors across the Americas, Europe, and Asia-Pacific to offer a wide range of innovative investment solutions, combined with high-quality service. Amundi Pioneer Asset Management, Inc. (formerly, Pioneer Investment Management, Inc.) is an investment adviser subsidiary of Amundi Pioneer Asset Management USA, Inc.
1 Source IPE “Top 400 asset managers” published in June 2017 and based on AUM as of end December 2016.

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Broker/Advisor Inquiries Please Contact: 800-622-9876
Media Inquiries Please Contact: Geoff Smith, 617-422-4727

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© 2018 Amundi Pioneer Asset Management

Contacts

Amundi Pioneer Asset Management
Geoff Smith, 617-422-4758
geoff.smith@amundipioneer.com

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Release Summary

Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds.

Amundi Pioneer Asset Management