Fund Companies Rights Offerings Managed Distributions Leveraged Funds IPOs Asset Classes CEF Advisors

My Fund Comparison
Initilizing list...

Pioneer Investments Declares Monthly Distributions for Closed-End Funds
Pioneer Investments

BOSTON--(BUSINESS WIRE)-- Pioneer Investments today announced the declaration of dividends for five closed-end funds for March 2013. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of March 4, 2013.

Ex Date: March 14, 2013
Record Date: March 18, 2013
Payable Date: March 28, 2013

Fund       Distribution    
Market Price
Pioneer Diversified High Income Trust (NYSE Amex:HNW) $0.1600 $21.38 8.98% $20.57 9.33%
Pioneer Floating Rate Trust (PHD) $0.0750 $13.78 6.53% $13.13 6.86%
Pioneer High Income Trust (PHT) $0.1375 $17.00 9.71% $14.18 11.64%
Pioneer Municipal High Income Advantage Trust (MAV) $0.0950 $16.47 6.92% $14.77 7.72%
Pioneer Municipal High Income Trust (MHI) $0.0950 $16.02 7.12% $13.73 8.30%
Distribution Rate
at Market Price
Distribution Rate
at NAV
Pioneer Municipal High Income Trust (MHI) 12.23% 13.64%
Pioneer Municipal High Income Advantage Trust (MAV)

Taxable-Equivalent Distribution Rate is computed using an effective tax rate of 43.4%, which includes the maximum federal tax rate of 39.6% and the net investment income tax rate of 3.8%.

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 MKT. 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.


Aberdeen Closed-End TV

Asset TV — CEF Channel

CEF Connect

Cohen & Steers CEFs Knowledge Center

Harvest — CEFA Channel

Legg Mason CEFs

Seeking Alpha — CEFA Channel

SySys Logo

Lipper Logo
Powered by a SySys data & content management system.

©Thomson Reuters 2017. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.