Pioneer Closed End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Rhea-AI Summary

Three closed-end funds, HNW Pioneer Diversified High Income Fund, MAV Pioneer Municipal High Income Advantage Fund, and MHI Pioneer Municipal High Income Fund, reported their sources of distribution for July 2023. HNW distributed $0.0900 per share, MAV distributed $0.0300 per share, and MHI distributed $0.0325 per share.

BOSTON--(BUSINESS WIRE)-- The following closed-end funds reported sources of distribution for July and this fiscal year to date.

Distribution Period: July 2023

Ticker	Taxable Funds	Distribution Amount Per Share
HNW	Pioneer Diversified High Income Fund, Inc.	$0.0900
Ticker	Tax-Exempt Funds	Distribution Amount Per Share
MAV	Pioneer Municipal High Income Advantage Fund, Inc.	$0.0300
MHI	Pioneer Municipal High Income Fund, Inc.	$0.0325

The following tables set forth estimates of the character of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: Net Investment Income; Net Realized Short-Term Capital Gains; Net Realized Long-Term Capital Gains or Return of Capital. All amounts are expressed per common share.

Pioneer Diversified High Income Fund, Inc. (NYSEAMER: HNW)
		Percentage	Total	Percentage Make up
		Make up of	Cumulative	of Total Cumulative
	Current	Current	Distributions	Distributions
	Distribution	Distribution	Fiscal Year to Date	Fiscal Year to Date
Net Investment Income	$0.0885	98.3%	$0.2587	95.8%
Net Realized Short-Term Capital Gains	$0.0000	0.0%	$0.0000	0.0%
Net Realized Long-Term Capital Gains	$0.0000	0.0%	$0.0000	0.0%
Return of Capital	$0.0015	1.7%	$0.0113	4.2%
Total per Common Share	$0.0900	100.0%	$0.2700	100.0%
Pioneer Municipal High Income Advantage Fund, Inc. (NYSE: MAV)
		Percentage	Total	Percentage Make up
		Make up of	Cumulative	of Total Cumulative
	Current	Current	Distributions	Distributions
	Distribution	Distribution	Fiscal Year to Date	Fiscal Year to Date
Net Investment Income	$0.0239	79.7%	$0.1001	80.4%
Net Realized Short-Term Capital Gains	$0.0000	0.0%	$0.0000	0.0%
Net Realized Long-Term Capital Gains	$0.0000	0.0%	$0.0000	0.0%
Return of Capital	$0.0061	20.3%	$0.0244	19.6%
Total per Common Share	$0.0300	100.0%	$0.1245	100.0%
Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)
		Percentage	Total	Percentage Make up
		Make up of	Cumulative	of Total Cumulative
	Current	Current	Distributions	Distributions
	Distribution	Distribution	Fiscal Year to Date	Fiscal Year to Date
Net Investment Income	$0.0239	73.5%	$0.0757	77.6%
Net Realized Short-Term Capital Gains	$0.0000	0.0%	$0.0000	0.0%
Net Realized Long-Term Capital Gains	$0.0000	0.0%	$0.0000	0.0%
Return of Capital	$0.0086	26.5%	$0.0218	22.4%
Total per Common Share	$0.0325	100.0%	$0.0975	100.0%

Notes:
Investors should not necessarily draw any conclusions about the funds' investment performance from the amount of these distributions.

Each fund estimates that a portion of its distribution does not represent income or realized capital gains. Therefore, such portion of its distribution may be a return of capital. A return of capital may occur when some or all of the money invested in the fund is returned to the investor. A return of capital distribution does not necessarily reflect the fund's investment performance and should not be considered "yield" or "income."

The amounts and sources of distributions reported under the notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon each fund's investment experience during the remainder of its respective fiscal year and may be subject to change based on tax regulations. Each fund will provide investors with a Form(s) 1099 for the calendar year that explains how to report these distributions for federal income tax purposes.

The funds are closed-end investment companies. The following funds trade on the New York Stock Exchange (NYSE) under the following symbols: MAV and MHI; 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. 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’ 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

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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

Shareholder Inquiries: Please contact your financial advisor or visit www.amundi.com/us.

Amundi Distributor US, Inc., Member SIPC
60 State Street, Boston, MA 02109
©2023 Amundi Asset Management US, Inc.

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Broker/Advisor Inquiries Please Contact: 800-622-9876

Media Inquiries Please Contact: Geoff Smith, 617-504-8520

Source: Amundi

FAQ

What closed-end funds reported their sources of distribution?

HNW Pioneer Diversified High Income Fund, MAV Pioneer Municipal High Income Advantage Fund, and MHI Pioneer Municipal High Income Fund reported their sources of distribution.

What was the distribution amount per share for HNW?

HNW distributed $0.0900 per share.

What was the distribution amount per share for MAV?

MAV distributed $0.0300 per share.

What was the distribution amount per share for MHI?

MHI distributed $0.0325 per share.