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) reported an April distribution of $0.1100 per share, with 90.7% derived from net investment income. Cumulative distributions for the fiscal year total $1.3200 per share, with 99.2% attributed to net investment income. A portion of the distribution may be classified as a return of capital, which does not reflect investment performance. The fund clarifies that these estimates vary for tax reporting and urges investors to consult tax documentation for accurate information.

Positive

• April distribution of $0.1100 per share.
• 90.7% of distribution sourced from net investment income.
• Total cumulative distributions this fiscal year reach $1.3200 per share, with 99.2% from net investment income.

Negative

• 0% of total distributions from net realized short-term and long-term capital gains.
• 9.3% of the current distribution is a return of capital, indicating potential reduced future income.

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

Distribution Period				April 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.

		Current Distribution		Percentage Make up of Current Distribution		Total Cumulative Distributions Fiscal Year to Date		Percentage Make up of Total Cumulative Distributions Fiscal Year to Date
Net Investment Income		$0.0998		90.7%		$1.3098		99.2%
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		$0.0102		9.3%		$0.0102		0.8%
Total per Common Share		$0.1100		100.0%		$1.3200		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 36 countries. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.33 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 at 01/01/2022
4. Amundi data as of 12/31/21

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/20220502005006/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 was the distribution amount for HNW in April 2022?

The distribution amount for Pioneer Diversified High Income Fund (HNW) in April 2022 was $0.1100 per share.

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

90.7% of the current distribution for HNW comes from net investment income.

What are the total cumulative distributions for HNW this fiscal year?

The total cumulative distributions for HNW this fiscal year are $1.3200 per share.

What does return of capital mean for HNW investors?

Return of capital for HNW investors indicates that a portion of their investment is being returned, which does not reflect the fund's performance.

How is the HNW distribution characterized for tax purposes?

The HNW distribution's amounts and sources are estimates and may change; actual figures for tax reporting will depend on the fund's investment experience.