Pioneer Investments Declares Monthly Distributions For Closed-End Funds

Pioneer Investments today announced the declaration of dividends for two closed-end funds for January 2013. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of January 3, 2013.
Ex Date:       January 16, 2013
Record Date: January 18, 2013
Payable Date: January 31, 2013
 

Fund
   

Distribution
 

MarketPrice
 

Market PriceDistributionRate
 

NAV
 

NAVDistributionRate

 

 

Pioneer Municipal High Income Trust (NYSE: MHI)

$0.0950

$16.32

6.99%

$14.75

7.73%

Pioneer Municipal High Income Advantage Trust (NYSE: MAV)

$0.0950

$15.96

7.14%

$13.71

8.32%
 
   

Taxable-EquivalentDistribution Rateat Market Price
 

Taxable-EquivalentDistribution Rateat NAV
Pioneer Municipal High Income Trust (NYSE: MHI) 12.35% 13.66%
Pioneer Municipal High Income Advantage Trust (NYSE: MAV) 12.61% 14.70%
 

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. They trade on the New York Stock Exchange (NYSE) under the following symbols: MHI and MAV. 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.

© 2013 Pioneer Investment Management, Inc.Member of the UniCredit Banking Group,Register of Banking Groups

Copyright Business Wire 2010

If you liked this article you might like

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: MAV, BST, EE

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: MAV, BST, EE

3 Stocks With Upcoming Ex-Dividend Dates: MAV, GDV, PSB

3 Stocks With Upcoming Ex-Dividend Dates: MAV, GDV, PSB

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: BIE, MAV, VKQ

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: BIE, MAV, VKQ

3 Stocks With Upcoming Ex-Dividend Dates: MHD, MAV, BIT

3 Stocks With Upcoming Ex-Dividend Dates: MHD, MAV, BIT

Dividend Watch: 3 Stocks Going Ex-Dividend Monday: MAV, SXC, REG

Dividend Watch: 3 Stocks Going Ex-Dividend Monday: MAV, SXC, REG