• July 23, 2019

Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds - Odessa American: Business

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Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds

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Posted: Wednesday, July 3, 2019 12:05 pm | Updated: 12:30 pm, Wed Jul 3, 2019.

BOSTON--(BUSINESS WIRE)--Jul 3, 2019--

Amundi Pioneer Asset Management today announced the declaration of dividends for five Pioneer closed-end funds for July.

 

 

Ex Date:

July 15, 2019

Record Date:

July 16, 2019

Payable:

July 31, 2019

 

 

Ticker

Taxable Funds

Distribution
Per Share

Change From
Previous Month

HNW

Pioneer Diversified High Income Trust

$0.0950

-

PHD

Pioneer Floating Rate Trust

$0.0625

-

PHT

Pioneer High Income Trust

$0.0675

-

 

 

 

 

Ticker

Tax-Exempt Funds

Distribution
Per Share

Change From
Previous Month

MAV

Pioneer Municipal High Income Advantage Trust

$0.0375

-

MHI

Pioneer Municipal High Income Trust

$0.0525

-

Market
Price

Market Price
Distribution Rate

NAV

NAV
Distribution Rate

Pioneer Diversified High Income Trust

$14.39

7.92%

$16.24

7.02%

Pioneer Floating Rate Trust

$10.61

7.07%

$12.04

6.23%

Pioneer High Income Trust

$9.20

8.80%

$10.06

8.05%

Pioneer Municipal High Income Advantage Trust

$10.75

4.19%

$11.81

3.81%

Pioneer Municipal High Income Trust

$12.38

5.09%

$12.86

4.90%

The closing market price and NAV are based on data as of July 2, 2019. The Market Price Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the market price. The NAV Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the NAV per share.

All funds are closed-end investment companies. PHD, PHT, MHI and MAV trade on the New York Stock Exchange (NYSE). HNW trades on the NYSEAMER.

Amundi Pioneer Asset Management, Inc. is each fund’s investment adviser. On July 3, 2017, the name of the adviser was changed from Pioneer Investment Management, Inc., coinciding with its acquisition by Amundi. As a result of the transaction, Amundi Pioneer Asset Management, Inc. became an indirect wholly owned subsidiary of Amundi. Amundi, one of the world’s largest asset managers, is headquartered in Paris, France.

Keep in mind, distribution rates are not guaranteed. A fund’s distribution rate may be affected by numerous factors, including changes in actual or projected investment income, the level of undistributed net investment income, if any, and other factors. Shareholders should not draw any conclusions about a fund’s investment performance based on a fund’s current distributions. Closed-end funds, unlike open-end funds, are not continuously offered. 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 Amundi Pioneer's closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

About Amundi Pioneer Asset Management

Amundi Pioneer is the U.S. business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally[1]. Amundi Pioneer was formed in July 2017 when Amundi acquired Pioneer Investments, and established Amundi Pioneer Asset Management USA, Inc., based in Boston and Durham, NC. Boston is one of Amundi’s six main global investment hubs and offers a broad range of fixed-income, equity, and multi-asset investment solutions in close partnership with wealth management firms, distribution platforms, and institutional investors across the Americas, Europe, and Asia-Pacific. Our long history of proprietary research, robust risk management, disciplined investment processes, and strong client relationships have made Amundi Pioneer an investment advisor of choice among leading institutional and individual investors worldwide. Amundi Pioneer had approximately $84.7 billion in assets under management as of March 31, 2019.

[1] Source IPE “Top 400 asset managers” published in June 2018 and based on AUM as of end December 2017.

Visit amundipioneer.com for more information.

Follow us on www.linkedin.com/company/amundi-pioneer and https://twitter.com/amundipioneer.

Amundi Pioneer Distributor, Inc., Member SIPC

© 2019 Amundi Pioneer Asset Management

View source version on businesswire.com:https://www.businesswire.com/news/home/20190703005492/en/

CONTACT: Shareholder Inquiries: Please contact your financial advisor or visitamundipioneer.com.

Broker/Advisor Inquiries Please Contact: 800-622-9876

Media Inquiries Please Contact: Geoff Smith, 617-422-4758

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Amundi Pioneer Asset Management

Copyright Business Wire 2019.

PUB: 07/03/2019 01:05 PM/DISC: 07/03/2019 01:05 PM

http://www.businesswire.com/news/home/20190703005492/en

© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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