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

Rhea-AI Summary

Pioneer Closed-End Funds reported sources of distribution for August 2024 for three tax-exempt funds: Pioneer Municipal High Income Advantage Fund (MAV), Pioneer Municipal High Income Fund (MHI), and Pioneer Municipal High Income Opportunities Fund (MIO). The distributions per share were $0.0325, $0.0350, and $0.0500 respectively.

For MAV, 83.7% of the current distribution came from Net Investment Income, while 16.3% was Return of Capital. Year-to-date, 84.5% was from Net Investment Income and 15.5% from Return of Capital. The fund trades on the NYSE under the symbol MAV.

Investors are cautioned that these distributions may not necessarily reflect the funds' investment performance, and a portion may represent a return of capital. The actual amounts for tax reporting purposes may vary and will be provided in Form 1099.

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

	Distribution Period:    August 2024
	Ticker	Tax-Exempt Funds	Distribution Amount Per Share
	MAV	Pioneer Municipal High Income Advantage Fund, Inc.	$0.0325
	MHI	Pioneer Municipal High Income Fund, Inc.	$0.0350
	MIO	Pioneer Municipal High Income Opportunities Fund, Inc.	$0.0500

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 Municipal High Income Advantage Fund, Inc. (NYSE: MAV)
	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	$0.0272	83.7%	$0.1373	84.5%
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	$0.0053	16.3%	$0.0252	15.5%
Total per Common Share	$0.0325	100.0%	$0.1625	100.0%

Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)
	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	$0.0306	87.4%	$0.1209	86.4%
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	$0.0044	12.6%	$0.0191	13.6%
Total per Common Share	$0.0350	100.0%	$0.1400	100.0%

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO)
	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	$0.0410	82.0%	$0.1650	82.5%
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	$0.0090	18.0%	$0.0350	17.5%
Total per Common Share	$0.0500	100.0%	$0.2000	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, MHI and MIO.

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 5,500³ 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 $2.310 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 2024, based on assets under management as of December 31, 2023.

2 Boston, Dublin, London, Milan, Paris, and Tokyo

3 Amundi data as of 6/30/2024

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
©2024 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 US

FAQ

What was the distribution amount for Pioneer Municipal High Income Advantage Fund (MAV) in August 2024?

The distribution amount for Pioneer Municipal High Income Advantage Fund (MAV) in August 2024 was $0.0325 per share.

What percentage of MAV's August 2024 distribution came from Net Investment Income?

83.7% of MAV's August 2024 distribution came from Net Investment Income.

How much of MAV's distribution was classified as Return of Capital for the fiscal year to date?

15.5% of MAV's distribution was classified as Return of Capital for the fiscal year to date.

Where does Pioneer Municipal High Income Advantage Fund (MAV) trade?

Pioneer Municipal High Income Advantage Fund (MAV) trades on the New York Stock Exchange (NYSE).

Are the distribution rates for Pioneer Closed-End Funds guaranteed?

No, distribution rates for Pioneer Closed-End Funds are not guaranteed. They can be affected by various factors, including changes in investment income and undistributed net investment income.