BOSTON--(BUSINESS WIRE)--
Pioneer Investments today announced the declaration of dividends for two closed-end funds for December.
| Ex Date: | December 28, 2016 | ||
| Record Date: | December 30, 2016 | ||
| Payable: | January 6, 2017 |
|
Ticker |
Taxable Funds |
Distribution
|
Change From
|
||||||
| HNW | Pioneer Diversified High Income Trust | $0.1150 | - | ||||||
| PHD | Pioneer Floating Rate Trust | $0.0600 | - | ||||||
The closing market price, market price distribution rate, NAV, and NAV distribution rate are based on data as of December 19, 2016.
|
Market |
Market Price
|
NAV |
NAV Distribution Rate |
|||||||||
| Pioneer Diversified High Income Trust | $15.87 | 8.70% | $17.22 | 8.01% | ||||||||
| Pioneer Floating Rate Trust | $11.92 | 6.04% | $12.56 | 5.73% | ||||||||
The Market Price Distribution Rate is calculated by dividing the last regular monthly distribution per share (annualized) by the market price. The NAV Distribution Rate is calculated by dividing the last regular monthly distribution per share (annualized) by the NAV per share.
All funds are closed-end investment companies. PHD trades 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.
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