Pioneer Investments today announced the declaration of dividends for two closed-end funds for January.

            Ex Date: January 13, 2016 Record Date: January 15, 2016 Payable: January 29, 2016                          

Ticker

Tax-Exempt Funds

DistributionPer Share

Change FromPrevious Month

MAV

Pioneer Municipal High Income Advantage Trust

$0.0800 - MHI

Pioneer Municipal High Income Trust

$0.0700 -  

The closing market price, market price distribution rate, NAV, and NAV distribution rate are based on data as of January 4, 2016.

                               

MarketPrice

Market PriceDistribution Rate

NAV

NAVDistribution Rate

Pioneer Municipal High Income Advantage Trust $13.35 7.19% $12.52 7.67% Pioneer Municipal High Income Trust $13.19 6.37% $13.42 6.26%  

The Market Price Distribution Rate is calculated by dividing the last distribution per share (annualized) by the market price. The NAV Distribution Rate is calculated by dividing the last distribution per share (annualized) by the NAV per share.

Both funds are closed-end investment companies. MHI and MAV trade on the New York Stock Exchange (NYSE). Pioneer Investment Management, Inc. is each fund’s investment adviser.

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 Pioneer's closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

© 2016 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.comorBroker/Advisor Inquiries Please Contact:800-622-9876orMedia Inquiries Please Contact:Geoff Smith, 617-422-4727

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