BOSTON--(BUSINESS WIRE)--
Amundi Pioneer Asset Management today announced the declaration of dividends for five Pioneer closed-end funds for December.
| Ex Date: | December 13, 2017 | ||||
| Record Date: | December 14, 2017 | ||||
| Payable: | December 18, 2017 |
|
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 |
Market Price Distribution Rate |
NAV |
NAV Distribution Rate |
|||||||||||||
| Pioneer Diversified High Income Trust | $15.68 | 7.27% | $17.42 | 6.54% | ||||||||||||
| Pioneer Floating Rate Trust | $11.49 | 6.27% | $12.41 | 5.80% | ||||||||||||
| Pioneer High Income Trust | $9.76 | 7.99% | $10.81 | 7.22% | ||||||||||||
| Pioneer Municipal High Income Advantage Trust | $11.38 | 5.54% | $11.85 | 5.32% | ||||||||||||
| Pioneer Municipal High Income Trust | $11.82 | 5.33% | $12.77 | 4.93% |
*The distribution for MAV contains approximately $0.017455 per share of
taxable income. This is a one-time taxable distribution in 2017.
**The
distribution for MHI contains approximately $0.011430 per share of
taxable income. This is a one-time taxable distribution in 2017.
The closing market price and NAV are based on data as of December 1, 2017. 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 the Amundi
group of companies, Europe’s largest asset manager by assets under
management and among the top ten global asset managers1.
Amundi Pioneer was formed in 2017 as part of the acquisition of Pioneer
Investments by Amundi, and includes the operations of Amundi Pioneer
Asset Management USA, Inc., based in Boston, and Amundi Smith Breeden,
based in Durham, N.C. Incorporating the expertise of the regional hub in
Durham, Boston is one of Amundi’s six main investment hubs. In addition
to investment management activities, Amundi Pioneer offers and services
a wide array of investment solutions for institutional and private
investors globally. Amundi Pioneer Asset Management, Inc. (formerly,
Pioneer Investment Management, Inc.) is an investment adviser subsidiary
of Amundi Pioneer Asset Management USA, Inc.
Pioneer Investments was founded in 1928 by Philip L. Carret and has been a leading innovator in global asset management since its inception. Amundi Smith Breeden, founded as Smith Breeden Associates in 1982, is a highly regarded relative value credit investor managing an extensive range of fixed-income strategies tailored to the needs of institutional investors. In aggregate, Amundi Pioneer Asset Management offers a broad range of fixed-income, equity and multi-asset investment solutions. A focus on proprietary research, robust risk management, disciplined investment processes, and close partnerships with clients has made the firms that comprise Amundi Pioneer investment managers of choice among leading institutional and individual investors worldwide. Amundi Pioneer had approximately $88.1 billion in assets under management as of September 30, 2017.
Visit amundipioneer.com or amundismithbreeden.com for more information.
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Shareholder Inquiries: Please contact your financial advisor or visit amundipioneer.com.
Broker/Advisor
Inquiries Please Contact: 800-622-9876
Media Inquiries Please
Contact: Geoff Smith, 617-422-4727
Amundi Pioneer Distributor, Inc., Member SIPC
© 2017 Amundi Pioneer
Asset Management
1 Source IPE “Top 400 asset managers” published in June 2017 and based on AUM as of end December 2016.
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