BOSTON--(BUSINESS WIRE)--
Pioneer Investments today announced the declaration of dividends for five closed-end funds for February 2013. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of February 4, 2013.
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Ex Date:
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February 13, 2013
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Record Date:
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February 15, 2013
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Payable Date:
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February 28, 2013
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| Fund | Distribution |
Market
Price |
Market Price
Distribution Rate |
NAV |
NAV
Distribution Rate |
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Taxable
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| Pioneer Diversified High Income Trust (NYSE Amex:HNW) | $0.1600 | $21.18 | 9.07% | $20.49 | 9.37% | ||||||||||
| Pioneer Floating Rate Trust (PHD) | $0.0750 | $13.96 | 6.45% | $13.27 | 6.78% | ||||||||||
| Pioneer High Income Trust (PHT) | $0.1375 | $16.73 | 9.86% | $14.13 | 11.68% | ||||||||||
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Tax-Exempt
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| Pioneer Municipal High Income Advantage Trust (MAV) | $0.0950 | $16.07 | 7.09% | $13.76 | 8.29% | ||||||||||
| Pioneer Municipal High Income Trust (MHI) | $0.0950 | $16.50 | 6.91% | $14.81 | 7.70% | ||||||||||
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Taxable-Equivalent
Distribution Rate at Market Price |
Taxable-Equivalent
Distribution Rate at NAV |
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Pioneer Municipal High Income Advantage Trust (MAV)
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12.53%
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14.65%
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| Pioneer Municipal High Income Trust (MHI) |
12.21%
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13.60%
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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. 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.
© 2013 Pioneer Investment Management, Inc.
Member of the UniCredit
Banking Group,
Register of Banking Groups
Shareholder Inquiries:
Please contact your financial advisor or visit us.pioneerinvestments.com.
or
Broker/Advisor Inquiries:
800-622-9876
or
Media Inquiries:
Geoff Smith, 617-422-4727
