Pioneer Diversified High Income Fund, Inc. Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Rhea-AI Summary

Pioneer Diversified High Income Fund (HNW) announced a distribution of $0.1100 per share for May 2022, consisting of $0.0975 from net investment income (88.6%) and $0.0125 from return of capital (11.4%). Year-to-date distributions include the same amount with similar sources. The fund emphasizes that portions of the distribution may not represent income or realized gains and could be a return of capital, which does not reflect investment performance. Tax reporting amounts will depend on fiscal year investment experience.

Positive

• Monthly distribution of $0.1100 per share maintains consistent returns.
• 88.6% of distribution comes from net investment income.

Negative

• 11.4% of the distribution is classified as a return of capital, which may indicate lower investment performance.

BOSTON--(BUSINESS WIRE)--

Pioneer Diversified High Income Fund, Inc. (NYSEAMER: HNW) today reported sources of distribution for May and for distributions this fiscal year to date. 

Distribution Period				May 2022
Distribution Amount Per Share				$0.1100

The following table sets 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.

								Percentage
								Make up of
						Total		Total
				Percentage		Cumulative		Cumulative
				Make up of		Distributions		Distributions
		Current		Current		Fiscal Year		Fiscal Year
		Distribution		Distribution		to Date		to Date
Net Investment Income		$0.0975		88.6%		$0.0975		88.6%
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		$0.0125		11.4%		$0.0125		11.4%
Total per Common Share		$0.1100		100.0%		$0.1100		100.0%

Note

Investors should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution.

The fund estimates that a portion of the distribution does not represent income or realized capital gains. Therefore, such portion of the 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 the fund's investment experience during the remainder of its fiscal year and may be subject to change based on tax regulations. The 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.

Pioneer Diversified High Income Fund, Inc. is a closed-end investment company trading on NYSEAMER under the symbol HNW.

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 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 close to 5,300^[3] employees in 35 countries. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.24 trillion of assets^[4].

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 2021, based on assets under management as of 12/31/2020
2. Boston, Dublin, London, Milan, Paris, and Tokyo
3. Consolidated internal Amundi and Lyxor workforce as of 3/31/2022
4. Amundi data as of 3/31/2022

Amundi Distributor US, Inc., Member SIPC
60 State Street, Boston, MA 02109
©2022 Amundi Asset Management US

View source version on businesswire.com: https://www.businesswire.com/news/home/20220531005004/en/

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

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

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

Source: Amundi US

FAQ

What is the recent distribution amount for HNW in May 2022?

The recent distribution for HNW in May 2022 is $0.1100 per share.

What percentage of the HNW distribution comes from net investment income?

88.6% of the distribution comes from net investment income.

Is any part of the HNW distribution a return of capital?

Yes, 11.4% of the HNW distribution is classified as a return of capital.

How does the return of capital affect HNW's investment performance?

A return of capital does not reflect the fund's investment performance and indicates that some invested money is being returned to investors.

What factors can affect the HNW's distribution rates?

Distribution rates for HNW can be affected by changes in projected investment income and the level of undistributed net investment income.