| Pioneer Closed-End Funds Announce Board Approval of Plan of Liquidation |
BOSTON--(BUSINESS WIRE)--Each of the Funds listed above announced today that the Fund's Board of Directors (the “Board”) has approved a plan of liquidation of the Fund. The liquidation pursuant to the plan will be submitted to Fund stockholders for approval at a Special Meeting. The Board recommends that stockholders of each Fund vote for the liquidation of their Fund at the Special Meeting. As previously announced, effective April 1, 2025, Amundi Asset Management US, Inc., each Fund's former i. |
businesswire.com |
2025-05-08 21:00:00 |
Czytaj oryginał (ang.) |
| Pioneer Investments Declares Monthly Distributions For Six Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Pioneer Investments today announced the declaration of dividends for six Pioneer closed-end funds for May 2025. Ex-Date: May 16, 2025 Record Date: May 16, 2025 Payable: May 30, 2025 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.1000 - PHD Pioneer Floating Rate Fund, Inc. $0.07501 - PHT Pioneer High Income Fund, Inc. $0.0550 - Ticker Tax-Exempt Funds Distribution Per Share Change From Previous M. |
businesswire.com |
2025-05-05 20:30:00 |
Czytaj oryginał (ang.) |
| PHD: Recent Events Point To Poor Returns Going Forward |
The Pioneer Floating Rate Fund has delivered a 31.29% total return over the past three years, outperforming major domestic bond indices due to rising interest rates. Despite its high 9.61% yield, the PHD fund's recent performance has lagged, and it faces potential further distribution cuts due to expected Federal Reserve interest rate reductions. The fund's heavy investment in floating-rate securities makes it vulnerable to declining income as interest rates fall, weakening its investment case. |
seekingalpha.com |
2025-04-30 20:56:26 |
Czytaj oryginał (ang.) |
| PHD: Income Seekers Should Start Looking For Other Options |
The Pioneer Floating Rate Fund has outperformed bond indices recently due to its investment in floating-rate securities, benefiting from the Federal Reserve's monetary tightening from 2022 to mid-2024. Falling interest rates will pressure the fund's income and distribution, as floating-rate securities' coupons decline without delivering capital gains. Despite its attractive 11.20% yield, the fund's income will likely decline, forcing a distribution cut as the Federal Reserve continues reducing rates. |
seekingalpha.com |
2024-10-11 13:06:41 |
Czytaj oryginał (ang.) |
| PHD: This Floater Fund Is Increasing Its Appeal To Risk-Averse Investors |
The Pioneer Floating Rate Fund offers a high level of income with an 11.54% yield, comparable to its peers. The fund lacks inflation protection, which may be a concern for investors looking to preserve the purchasing power of their assets. The fund has outperformed investment-grade and junk bonds since early January, providing a total return of 9.33% for investors. |
seekingalpha.com |
2024-05-30 10:33:12 |
Czytaj oryginał (ang.) |
| Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Sold by Janney Montgomery Scott LLC |
Janney Montgomery Scott LLC lessened its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) by 40.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 167,043 shares of the company’s stock after selling 112,959 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.21% of Invesco S&P 500 High Dividend Low Volatility ETF worth $7,084,000 at the end of the most recent reporting period. Other hedge funds have also recently bought and sold shares of the company. Cookson Peirce & Co. Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 69,609 shares of the company’s stock worth $2,952,000 after acquiring an additional 2,930 shares during the period. Global Retirement Partners LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% in the 4th quarter. Global Retirement Partners LLC now owns 21,271 shares of the company’s stock valued at $901,000 after buying an additional 1,262 shares during the period. Atria Wealth Solutions Inc. grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 357,981 shares of the company’s stock worth $15,182,000 after buying an additional 7,876 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth approximately $127,000. Finally, Silver Oak Securities Incorporated raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 869.0% in the fourth quarter. Silver Oak Securities Incorporated now owns 28,953 shares of the company’s stock valued at $1,228,000 after acquiring an additional 25,965 shares in the last quarter. Invesco S&P 500 High Dividend Low Volatility ETF Stock Performance NYSEARCA:SPHD opened at $45.43 on Monday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $37.19 and a 1 year high of $45.44. The stock has a market cap of $3.03 billion, a P/E ratio of 17.13 and a beta of 0.64. The stock has a 50-day simple moving average of $43.76 and a 200-day simple moving average of $42.28. Invesco S&P 500 High Dividend Low Volatility ETF Profile (Free Report) The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a dividend-yield-weighted index comprising the least volatile, highest dividend-yielding S&P 500 stocks. SPHD was launched on Oct 18, 2012 and is managed by Invesco. |
https://www.defenseworld.net |
2024-05-20 11:16:44 |
Czytaj oryginał (ang.) |
| VVR And PHD: Monthly Floating Rate CEFs |
VVR and PDH both yield over 11% and pay monthly. We compare NAV valuations, performance, and holdings for both funds. Both funds have positive five-year distribution growth rates. |
seekingalpha.com |
2024-04-17 13:15:00 |
Czytaj oryginał (ang.) |
| FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade) |
The BlackRock Floating Rate Income Strategies Fund Inc offers a high yield of 11.46% due to its investment in speculative-grade floating-rate securities. |
seekingalpha.com |
2024-03-08 17:09:35 |
Czytaj oryginał (ang.) |
| PHD: Switch From Bonds Into This Floating-Rate Loan Fund |
The Pioneer Floating Rate Fund, Inc. offers a high level of current income with a 12.20% current yield, higher than junk bond funds. The PHD closed-end fund has underperformed fixed-rate bond indices due to lack of price appreciation, but this may change in the coming weeks. The fund invests in floating-rate loans, which provide income and are less affected by changes in interest rates, making it a safer asset to hold. |
seekingalpha.com |
2024-01-05 20:05:51 |
Czytaj oryginał (ang.) |
| VVR And PHD: 2 Monthly Floating Rate CEFs Raising Dividends, Selling At Discounts |
Pioneer Floating Rate Fund and Invesco Senior Income Trust have outperformed the S&P 500 thanks to increased monthly distributions. VVR has had the strongest return at 12.54%, compared to 7.87% for PHD and 4.26% for the S&P 500. VVR has a better long-term track record. |
seekingalpha.com |
2023-10-27 13:15:00 |
Czytaj oryginał (ang.) |
| PHD: One Of The Few Debt Funds That Benefits From Rising Rates |
Pioneer Floating Rate Fund, Inc. offers a high level of current income with a whopping 12.43% yield. The PHD closed-end fund has outperformed the Bloomberg U.S. Aggregate Bond Index and the S&P 500 Index since the start of 2022. The fund's distribution has varied over the years, due to variations in interest rates. |
seekingalpha.com |
2023-10-06 19:20:57 |
Czytaj oryginał (ang.) |
| Rising Interest Rates Got You Down? Try Floating Above The Fear |
Interest rates are likely to remain elevated due to the strong U.S. economy, despite inflation concerns. The U.S. debt has reached a record high, and fears of a government shutdown are exacerbating market concerns. Investing in CEFs that hold floating rate senior loans can provide a high yield income stream that benefits from rising interest rates. |
seekingalpha.com |
2023-09-25 16:00:16 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for September 2023. |
businesswire.com |
2023-09-06 20:05:00 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for August 2023. Ex-Date: August 17, 2023 Record Date: August 18, 2023 Payable: August 31, 2023 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.09001 - PHD Pioneer Floating Rate Fund, Inc. $0.0925 - PHT Pioneer High Income Fund, Inc. $0.0550 - Ticker Tax-Exempt Funds Distribution Pe. |
businesswire.com |
2023-08-04 20:05:00 |
Czytaj oryginał (ang.) |
| PHD: Another Amortizing Fund To Avoid |
The Pioneer Floating Rate Fund aims to deliver high current income from floating rate loans. The PHD fund has generated modest long-term returns of 6.0%/3.1%/3.8%/4.6% over 3/5/10/15-year horizons, but its distribution yield may be too generous and unsustainable. Investors should try to avoid amortizing 'return of principal' funds like PHD as they lead to long-term principal losses. |
seekingalpha.com |
2023-08-02 15:47:58 |
Czytaj oryginał (ang.) |
| PHD: A Laggard In The Leveraged Loan CEF World |
The Pioneer Floating Rate Fund has underperformed compared to its peers, despite a rise in disbursable cash flow due to increased interest rates. The fund has tended to choose credits with inferior risk/reward metrics when compared to its peers. The CEF has a wide discount to NAV on the back of its mediocre performance. The discount will not narrow until we see a new structural bull market. |
seekingalpha.com |
2023-07-06 21:04:14 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for July 2023. Ex-Date: July 20, 2023 Record Date: July 21, 2023 Payable: July 31, 2023 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.09001 - PHD Pioneer Floating Rate Fund, Inc. $0.09252 $0.0025 PHT Pioneer High Income Fund, Inc. $0.0550 - Ticker Tax-Exempt Funds Distribution Per Sha. |
businesswire.com |
2023-07-06 20:05:00 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for May 2023. Ex-Date: May 17, 2023 Record Date: May 18, 2023 Payable: May 31, 2023 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.0900 - PHD Pioneer Floating Rate Fund, Inc. $0.0900 - PHT Pioneer High Income Fund, Inc. $0.05501,2 -$0.0025 Ticker Tax-Exempt Funds Distribution Per Share Change From Previous Month MAV Pioneer Municipal High Income Advantage Fund, Inc. $0.03001,3 -$0.0045 MHI Pioneer Municipal High Income Fund, Inc. $0.03251,4 -$0.0050 MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0.04251 - Market Price Market Price Distribution Rate NAV NAV Distribution Rate Pioneer Diversified High Income Fund, Inc. $9.98 10.82% $11.72 9.22% Pioneer Floating Rate Fund, Inc. $8.59 12.57% $9.96 10.84% Pioneer High Income Fund, Inc. $6.63 9.95% $7.59 8.70% Pioneer Municipal High Income Advantage Fund, Inc. $7.99 4.51% $9.37 3.84% Pioneer Municipal High Income Fund, Inc. $8.69 4.49% $10.18 3.83% Pioneer Municipal High Income Opportunities Fund, Inc. $10.54 4.84% $12.45 4.10% 1 At this time, it is believed that a portion of the Fund’s current monthly distribution may be comprised of amounts from sources other than net investment income. 2 PHT’s May per share distribution of $0.0550 represents a 4.3% decrease from the $0.0575 per share distribution paid in April. 3 MAV’s May per share distribution of $0.0300 represents a 13.0% decrease from the $0.0345 per share distribution paid in April. 4 MHI’s May per share distribution of $0.0325 represents a 13.3% decrease from the $0.0375 per share distribution paid in April. If any Fund estimates that any portion of its distribution may be comprised of amounts from sources other than net investment income, the Fund will provide shareholders a separate written notice. These notices are provided for informational purposes only, and should not be used for tax reporting purposes. The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders. A return of capital is not a distribution of income or capital gains from the Fund, does not necessarily reflect the Fund's investment performance, and should not be considered "yield" or "income." The closing market price and NAV are based on data as of May 3, 2023. 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. The funds are closed-end investment companies. Five of these funds trade on the New York Stock Exchange (NYSE) under the following symbols: PHD, MHI, MAV, PHT, and MIO; HNW trades on the NYSEAMER. 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 US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page. About Amundi US Amundi US is the US business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally1. Boston is one of Amundi’s six main global investment hubs2 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. With our financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,4003 team members and market professionals in 36 countries3. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.101 trillion of assets3. Amundi, a Trusted Partner, working every day in the interest of our clients and society www.amundi.com/us Follow us on linkedin.com/company/amundi-us/ and twitter.com/amundi_us. 1 Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as of 12/31/2021 2 Boston, Dublin, London, Milan, Paris, and Tokyo 3 Amundi data as of 3/31/23 Amundi Distributor US, Inc., Member SIPC 60 State Street, Boston, MA 02109 ©2023 Amundi Asset Management US |
businesswire.com |
2023-05-04 20:05:00 |
Czytaj oryginał (ang.) |
| PHD And VVR: Two 12% Yielders Raising Dividends, At Discounts |
PHD And VVR: Two 12% Yielders Raising Dividends, At Discounts |
seekingalpha.com |
2023-04-16 13:15:00 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for April 2023. Ex-Date: April 18, 2023 Record Date: April 19, 2023 Payable: April 28, 2023 (PHD, PHT, MAV) Payable: May 1, 2023 (HNW, MHI, MIO) Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.09001 - PHD Pioneer Floating Rate Fund, Inc. $0.09002 $0.0025 PHT Pioneer High Income Fund, Inc. $0.05751 - Ticker Tax-Exempt Funds Distribution Per Share Change From Previous Month MAV Pioneer Municipal High Income Advantage Fund, Inc. $0.03451 - MHI Pioneer Municipal High Income Fund, Inc. $0.03751 - MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0.04251,3 -$0.0050 Market Price Market Price Distribution Rate NAV NAV Distribution Rate Pioneer Diversified High Income Fund, Inc. $10.12 10.67% $11.77 9.18% Pioneer Floating Rate Fund, Inc. $8.80 12.27% $10.00 10.80% Pioneer High Income Fund, Inc. $6.63 10.41% $7.63 9.04% Pioneer Municipal High Income Advantage Fund, Inc. $8.10 5.11% $9.42 4.39% Pioneer Municipal High Income Fund, Inc. $8.83 5.10% $10.23 4.40% Pioneer Municipal High Income Opportunities Fund, Inc. $11.00 4.64% $12.58 4.05% 1 At this time, it is believed that a portion of the Fund’s current monthly distribution may be comprised of amounts from sources other than net investment income. 2 PHD’s April per share distribution of $0.0900 represents a 2.9% increase from the $0.0875 per share distribution paid in March. 3 MIO’s April per share distribution of $0.0425 represents a 10.5% decrease from the $0.0475 per share distribution paid in March. If any Fund estimates that any portion of its distribution may be comprised of amounts from sources other than net investment income, the Fund will provide shareholders a separate written notice. These notices are provided for informational purposes only, and should not be used for tax reporting purposes. The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders. A return of capital is not a distribution of income or capital gains from the Fund, does not necessarily reflect the Fund's investment performance, and should not be considered "yield" or "income." The closing market price and NAV are based on data as of April 3, 2023. 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. The funds are closed-end investment companies. Five of these funds trade on the New York Stock Exchange (NYSE) under the following symbols: PHD, MHI, MAV, PHT, and MIO; HNW trades on the NYSEAMER. 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 US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page. About Amundi US Amundi US is the US business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally1. Boston is one of Amundi’s six main global investment hubs2 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. With our financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,4003 team members and market professionals in 35 countries3. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $1.904 trillion of assets3. Amundi, a Trusted Partner, working every day in the interest of our clients and society www.amundi.com/us Follow us on linkedin.com/company/amundi-us/ and twitter.com/amundi_us. 1 Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as of 12/31/2021 2 Boston, Dublin, London, Milan, Paris, and Tokyo 3 Amundi data as of 12/31/22 Amundi Distributor US, Inc., Member SIPC 60 State Street, Boston, MA 02109 ©2023 Amundi Asset Management US |
businesswire.com |
2023-04-04 20:05:00 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for March 2023. Ex-Date: March 16, 2023 Record Date: March 17, 2023 Payable: March 31, 2023 (HNW, PHD, MHI, MIO) Payable: April 3, 2023 (PHT, MAV) Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.09001 - PHD Pioneer Floating Rate Fund, Inc. $0.0875 - PHT Pioneer High Income Fund, Inc. $0.05751 - Ticker Tax-Exempt Funds Distribution Per Share Change From Previous Month MAV Pioneer Municipal High Income Advantage Fund, Inc. $0.03451 - MHI Pioneer Municipal High Income Fund, Inc. $0.03751 - MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0.04751 - Market Price Market Price Distribution Rate NAV NAV Distribution Rate Pioneer Diversified High Income Fund, Inc. $10.48 10.31% $11.76 9.18% Pioneer Floating Rate Fund, Inc. $9.36 11.22% $10.13 10.37% Pioneer High Income Fund, Inc. $6.97 9.90% $7.64 9.03% Pioneer Municipal High Income Advantage Fund, Inc. $7.97 5.19% $9.08 4.56% Pioneer Municipal High Income Fund, Inc. $8.62 5.22% $9.83 4.58% Pioneer Municipal High Income Opportunities Fund, Inc. $10.52 5.42% $12.31 4.63% 1 At this time, it is believed that a portion of the Fund’s current monthly distribution may be comprised of amounts from sources other than net investment income. If any Fund estimates that any portion of its distribution may be comprised of amounts from sources other than net investment income, the Fund will provide shareholders a separate written notice. These notices are provided for informational purposes only, and should not be used for tax reporting purposes. The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders. A return of capital is not a distribution of income or capital gains from the Fund, does not necessarily reflect the Fund's investment performance, and should not be considered "yield" or "income." The closing market price and NAV are based on data as of March 2, 2023. 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. The funds are closed-end investment companies. Five of these funds trade on the New York Stock Exchange (NYSE) under the following symbols: PHD, MHI, MAV, PHT, and MIO; HNW trades on the NYSEAMER. 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 US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page. About Amundi US Amundi US is the US business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally1. Boston is one of Amundi’s six main global investment hubs2 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. With our financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,4003 team members and market professionals in 35 countries3. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $1.904 trillion of assets3. Amundi, a Trusted Partner, working every day in the interest of our clients and society www.amundi.com/us Follow us on linkedin.com/company/amundi-us/ and twitter.com/amundi_us. 1 Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as of 12/31/2021 2 Boston, Dublin, London, Milan, Paris, and Tokyo 3 Amundi data as of 12/31/22 Amundi Distributor US, Inc., Member SIPC 60 State Street, Boston, MA 02109 ©2023 Amundi Asset Management US |
businesswire.com |
2023-03-03 18:05:00 |
Czytaj oryginał (ang.) |
| Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds |
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for February 2023. Ex-Date: February 16, 2023 Record Date: February 17, 2023 Payable: February 28, 2023 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.09001 - PHD Pioneer Floating Rate Fund, Inc. $0.08752 $0.0025 PHT Pioneer High Income Fund, Inc. $0.05751 - Ticker Tax-Exempt Funds Distribution Per Share Change From Previous Month MAV Pioneer Municipal High Income Advantage Fund, Inc. $0.03451,3 -$0.0095 MHI Pioneer Municipal High Income Fund, Inc. $0.03751,4 -$0.0105 MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0.04751,5 -$0.0050 Market Price Market Price Distribution Rate NAV NAV Distribution Rate Pioneer Diversified High Income Fund, Inc. $11.07 9.76% $12.22 8.84% Pioneer Floating Rate Fund, Inc. $9.23 11.38% $10.23 10.26% Pioneer High Income Fund, Inc. $7.16 9.64% $7.94 8.69% Pioneer Municipal High Income Advantage Fund, Inc. $8.81 4.70% $9.87 4.19% Pioneer Municipal High Income Fund, Inc. $9.46 4.76% $10.67 4.22% Pioneer Municipal High Income Opportunities Fund, Inc. $11.64 4.90% $13.26 4.30% 1 At this time, it is believed that a portion of the Fund’s current monthly distribution may be comprised of amounts from sources other than net investment income. 2 PHD’s February per share distribution of $0.0875 represents a 2.9% increase from the $0.0850 per share distribution paid in January. 3 MAV’s February per share distribution of $0.0345 represents a 21.6% decrease from the $0.0440 per share distribution paid in January. 4 MHI’s February per share distribution of $0.0375 represents a 21.9% decrease from the $0.0480 per share distribution paid in January. 5 MIO’s February per share distribution of $0.0475 represents a 9.5% decrease from the $0.0525 per share distribution paid in January. If any Fund estimates that any portion of its distribution may be comprised of amounts from sources other than net investment income, the Fund will provide shareholders a separate written notice. These notices are provided for informational purposes only, and should not be used for tax reporting purposes. The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders. A return of capital is not a distribution of income or capital gains from the Fund, does not necessarily reflect the Fund's investment performance, and should not be considered "yield" or "income." The closing market price and NAV are based on data as of February 2, 2023. 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. The funds are closed-end investment companies. Five of these funds trade on the New York Stock Exchange (NYSE) under the following symbols: PHD, MHI, MAV, PHT, and MIO; HNW trades on the NYSEAMER. 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 US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page. About Amundi US Amundi US is the US business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally[1]. Boston is one of Amundi’s six main global investment hubs[2] 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. With our financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,400[3] team members and market professionals in 36 countries[3]. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $1.856 trillion of assets[3]. Amundi, a Trusted Partner, working every day in the interest of our clients and society www.amundi.com/us Follow us on linkedin.com/company/amundi-us/ and twitter.com/amundi_us. 1 Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as of 12/31/2021 2 Boston, Dublin, London, Milan, Paris, and Tokyo 3 Amundi data as of 9/30/22 Amundi Distributor US, Inc., Member SIPC 60 State Street, Boston, MA 02109 ©2023 Amundi Asset Management US |
businesswire.com |
2023-02-03 18:05:00 |
Czytaj oryginał (ang.) |
| PHD: Leverage Rising Interest Rates With This High-Yield Floating-Rate Fund |
The Pioneer Floating Rate Trust trades at a discount of -11% and pays a monthly distribution that has been raised 5 months in a row. The current annual yield exceeds 11.5% and benefits from rising interest rates due to its mostly floating rate senior secured loans that it holds. |
seekingalpha.com |
2022-12-28 15:28:54 |
Czytaj oryginał (ang.) |