Pioneer Investments Declares Monthly Distributions For Closed-End Funds

Pioneer Investments today announced the declaration of dividends for five closed-end funds for July 2012. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of July 2, 2012.

Ex Date: July 13, 2012Record Date: July 17, 2012Payable Date: July 31, 2012
Fund         Distribution        

MarketPrice
       

Market PriceDistributionRate
        NAV        

NAVDistributionRate

Taxable

Pioneer High Income Trust (NYSE:PHT)
$0.1375 $17.20 9.59% $13.17 12.53%

Pioneer Floating Rate Trust (NYSE:PHD)
$0.0750 $12.67 7.10% $12.69 7.09%

Pioneer Diversified High Income Trust (NYSE MKT:HNW)
$0.1600 $20.25 9.48% $19.14 10.03%
 

Tax-Exempt

Pioneer Municipal High Income Trust (NYSE: MHI)
$0.0950 $15.67 7.28% $14.35 7.94%

Pioneer Municipal High Income Advantage Trust (NYSE: MAV)
$0.0950 $15.23 7.49% $13.24 8.61%
 

 

Taxable-EquivalentDistribution Rateat Market Price

Taxable-EquivalentDistribution Rateat NAV

Pioneer Municipal High Income Trust (NYSE: MHI)

 

11.20%

12.22%

Pioneer Municipal High Income Advantage Trust (NYSE: MAV)

 

11.52%

13.25%
 

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 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.

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

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX