Pioneer Investments Declares Monthly Distributions For Closed-End Funds

Pioneer Investments today announced the declaration of dividends for five closed-end funds for April 2012. The closing market price, annualized distribution rate and NAV distribution rate are based on data as of April 3, 2012.
Ex Date:   April 12, 2012
Record Date: April 16, 2012
Payable Date for PHD, PHT, MAV, MHI: April 30, 2012
Payable Date for HNW: May 1, 2012
                   
Fund Distribution

MarketPrice

Market PriceDistributionRate
NAV

NAVDistributionRate
 

Taxable
Pioneer Diversified High Income Trust (NYSE Amex:HNW) $0.1600 $20.46 9.38% $19.60 9.80%
Pioneer Floating Rate Trust (NYSE:PHD) $0.0750 $13.00 6.92% $12.94 6.96%
Pioneer High Income Trust (NYSE:PHT) $0.1375 $16.86 9.79% $13.48

12.24% 
 

Tax-Exempt
Pioneer Municipal High Income Advantage Trust (NYSE: MAV) $0.0950 $14.85 7.68% $12.87 8.86%
Pioneer Municipal High Income Trust (NYSE: MHI) $0.0950 $15.00 7.60% $13.93 8.18%
 

Taxable-EquivalentDistribution Rateat Market Price

Taxable-EquivalentDistribution Rateat NAV
 

Pioneer Municipal High Income Advantage Trust (NYSE: MAV)

11.82%

13.63%

Pioneer Municipal High Income Trust (NYSE: MHI)

11.69%

12.58%

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

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 Amex. 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.

© 2012 Pioneer Investment Management, Inc.Member of the UniCredit Banking Group, Register of Banking Groups

Copyright Business Wire 2010

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