Pioneer Investments today announced the declaration of dividends for five closed-end funds for December 2012. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of November 30, 2012.
In addition, Pioneer Investments is announcing a special one-time distribution for Pioneer Diversified High Income Trust (HNW) related to income earned by the fund in 2012 above its normal monthly distribution, which is required to be paid in 2012.
The amount per share and timing of these distributions are below.
Regular December 2012 Distribution: | ||||
| Ex Date: | December 11, 2012 | |||
Record Date: | December 13, 2012 | |||
Payable Date: | December 20, 2012 | |||
| Fund | Distribution | Market Price | Market Price | NAV | NAV | ||||||
Taxable | |||||||||||
Pioneer Diversified High Income Trust (NYSE Amex: HNW) | $0.1600 | $20.73 | 9.26% | $19.91 | 9.64% | ||||||
Pioneer Floating Rate Trust (NYSE: PHD) | $0.0750 | $13.41 | 6.71% | $13.09 | 6.88% | ||||||
Pioneer High Income Trust (NYSE: PHT) | $0.1375 | $16.52 | 9.99% | $13.62 | 12.11% | ||||||
Tax-Exempt | |||||||||||
Pioneer Municipal High Income Advantage Trust (NYSE: MAV)* | $0.0950 | $15.77 | 7.23% | $13.97 | 8.16% | ||||||
Pioneer Municipal High Income Trust (NYSE: MHI)** | $0.0950 | $15.82 | 7.21% | $14.97 | 7.62% | ||||||
Taxable-Equivalent | Taxable-Equivalent | |||||
| Pioneer Municipal High Income Advantage Trust (NYSE: MAV) | 8.74% | 9.87% | ||||
| Pioneer Municipal High Income Trust (NYSE: MHI) | 10.75% | 11.36% |
Taxable-Equivalent Distribution Rate is computed using the maximum federal tax rate.
*The distribution for MAV contains approximately $0.058135 per share of
taxable income. This is a one-time taxable distribution in 2012.
**The
distribution for MHI contains approximately $0.008275 per share of
taxable income. This is a one-time taxable distribution in 2012.
Special December 2012 Taxable Distribution: | ||||||
Ex Date: | December 14, 2012 | |||||
| Record Date: | December 18, 2012 | |||||
| Payable Date: | December 28, 2012 | |||||
| Pioneer Diversified High Income Trust (HNW) | $ 0.1200 |
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.
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