Pioneer Investments today announced the declaration of dividends for five closed-end funds for March 2011. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of March 3, 2011.
Ex Date:             March 11, 2011
Record Date: March 15, 2011
Payable Date: March 31, 2011
                             
Fund Distribution

Market Price

Market Price Distribution Rate
NAV

NAV Distribution Rate
 

Taxable
Pioneer High Income Trust (NYSE:PHT) $0.1375 $16.71 9.87% $14.42 11.44%
Pioneer Floating Rate Trust (NYSE:PHD) $0.0725 $13.42 6.48% $13.21 6.59%
Pioneer Diversified High Income Trust (NYSE Amex:HNW) (a) $0.1600 $21.28 9.02% $21.31 9.00%
 

Tax-Exempt
Pioneer Municipal High Income Trust (NYSE: MHI) $0.0900 $13.11 8.24% $12.96 8.33%
Pioneer Municipal High Income Advantage Trust (NYSE: MAV) $0.0900 $12.53 8.62% $11.67 9.25%
 
 

Taxable-Equivalent Distribution Rate at Market Price

Taxable-Equivalent Distribution Rate at NAV
Pioneer Municipal High Income Trust (NYSE: MHI)

12.68%

12.82%
Pioneer Municipal High Income Advantage Trust (NYSE: MAV)

13.26%

14.23%
 

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

Notes

(a) HNW currently has a level distribution policy, which is intended to provide investors with a relatively stable monthly distribution. The level distribution policy is subject to regular review by the Board of Trustees to determine whether it continues to be in the best interests of the fund and its shareholders. There can be no assurance that this policy will be maintained in the future or maintained at its current level. Investors should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's level distribution policy.

If you liked this article you might like

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: TSLF, HNW, EDF

Monday's Ex-Dividends To Watch: HNW, JPI, HYT

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tuesday: SRF, HNW, MMT

Tomorrow's Ex-Dividends To Watch: CH, HNW, FAX

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Thursday: BIE, HNW, MVF