Pioneer Investments Declares Monthly Distributions for Closed-End Funds
January 05 2016 - 3:14PM
Business Wire
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
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160105006756/en/
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
Pioneer Municipal High I... (NYSE:MHI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Pioneer Municipal High I... (NYSE:MHI)
Historical Stock Chart
From Jul 2023 to Jul 2024