Pioneer Closed-End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)
Pioneer Closed-End Funds have reported their sources of distribution for September 2024 and the fiscal year to date. The report covers 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).
For MAV, the current distribution of $0.0325 per share comprises 80.9% from net investment income and 19.1% from return of capital. Year-to-date, MAV's cumulative distribution of $0.1950 per share includes 83.9% from net investment income and 16.1% from return of capital.
Investors are cautioned not to draw conclusions about the funds' investment performance from these distributions. A portion of each fund's distribution may represent a return of capital, which occurs when some invested money is returned to investors. The actual amounts for tax reporting may differ and will be provided in Form 1099.
I Fondi Chiusi Pioneer hanno riportato le loro fonti di distribuzione per settembre 2024 e per l'anno fiscale fino ad oggi. Il rapporto copre tre fondi esenti da imposte: Pioneer Municipal High Income Advantage Fund (MAV), Pioneer Municipal High Income Fund (MHI) e Pioneer Municipal High Income Opportunities Fund (MIO).
Per MAV, la distribuzione attuale di $0.0325 per azione è composta per il 80.9% da reddito netto da investimenti e per il 19.1% da restituzione di capitale. Fino ad oggi, la distribuzione cumulativa di MAV di $0.1950 per azione include l'83.9% da reddito netto da investimenti e il 16.1% da restituzione di capitale.
Si avverte gli investitori di non trarre conclusioni sulle performance di investimento dei fondi basandosi su queste distribuzioni. Una parte della distribuzione di ciascun fondo può rappresentare una restituzione di capitale, che si verifica quando parte del denaro investito viene restituito agli investitori. Gli importi effettivi per la dichiarazione dei redditi possono differire e saranno forniti nel Modulo 1099.
Los Fondos Cerrados Pioneer han informado sobre sus fuentes de distribución para septiembre de 2024 y el año fiscal hasta la fecha. El informe abarca tres fondos exentos de impuestos: Pioneer Municipal High Income Advantage Fund (MAV), Pioneer Municipal High Income Fund (MHI) y Pioneer Municipal High Income Opportunities Fund (MIO).
Para MAV, la distribución actual de $0.0325 por acción está compuesta por el 80.9% de ingresos netos de inversión y el 19.1% de devolución de capital. Hasta la fecha, la distribución acumulada de MAV de $0.1950 por acción incluye el 83.9% de ingresos netos de inversión y el 16.1% de devolución de capital.
Se advierte a los inversores que no saquen conclusiones sobre el rendimiento de inversión de los fondos a partir de estas distribuciones. Una parte de la distribución de cada fondo podría representar una devolución de capital, que ocurre cuando se devuelve parte del dinero invertido a los inversores. Los montos reales para la declaración de impuestos pueden diferir y se proporcionarán en el Formulario 1099.
파이오니어 폐쇄형 펀드는 2024년 9월과 회계 연도까지의 배급 출처를 보고했습니다. 이 보고서는 세금 면제 펀드 세 가지를 다룹니다: Pioneer Municipal High Income Advantage Fund (MAV), Pioneer Municipal High Income Fund (MHI), 및 Pioneer Municipal High Income Opportunities Fund (MIO).
MAV의 현재 배급은 주당 $0.0325이며, 80.9%는 순투자 소득에서 발생하고 19.1%는 자본 반환에서 발생합니다. 연간 누적 기준으로 MAV의 총 배급은 주당 $0.1950이며, 여기에는 순투자 소득의 83.9%와 자본 반환의 16.1%가 포함됩니다.
투자자들은 이러한 배급을 기반으로 펀드의 투자 성과에 대한 결론을 얻지 말고 주의해야 합니다. 각 펀드의 배급의 일부는 자본 반환을 의미할 수 있으며, 이는 일부 투자된 돈이 투자자에게 반환될 때 발생합니다. 세금 신고를 위한 실제 금액은 다를 수 있으며, 이는 양식 1099에서 제공될 것입니다.
Les Fonds Fermés Pioneer ont rapporté leurs sources de distribution pour septembre 2024 et l'année fiscale en cours. Le rapport couvre trois fonds exonérés d'impôts : Pioneer Municipal High Income Advantage Fund (MAV), Pioneer Municipal High Income Fund (MHI) et Pioneer Municipal High Income Opportunities Fund (MIO).
Pour MAV, la distribution actuelle de 0,0325 $ par action est composée de 80,9 % de revenus d'investissement nets et de 19,1 % de retour de capital. Depuis le début de l'année, la distribution cumulée de MAV de 0,1950 $ par action comprend 83,9 % de revenus d'investissement nets et 16,1 % de retour de capital.
Les investisseurs sont avertis de ne pas tirer de conclusions sur la performance d'investissement des fonds à partir de ces distributions. Une partie de la distribution de chaque fonds peut représenter un retour de capital, ce qui se produit lorsque certains des capitaux investis sont retournés aux investisseurs. Les montants réels pour la déclaration fiscale peuvent différer et seront fournis dans le formulaire 1099.
Pioneer Geschlossene Fonds haben ihre Verteilungsquellen für September 2024 und das bisherige Geschäftsjahr gemeldet. Der Bericht betrifft drei steuerbefreite Fonds: Pioneer Municipal High Income Advantage Fund (MAV), Pioneer Municipal High Income Fund (MHI) und Pioneer Municipal High Income Opportunities Fund (MIO).
Für MAV besteht die derzeitige Ausschüttung von $0.0325 pro Anteil aus 80.9% aus Nettoanlageerträgen und 19.1% aus Kapitalrückzahlung. Im bisherigen Jahr umfasst die kumulierte Ausschüttung von MAV von $0.1950 pro Anteil 83.9% aus Nettoanlageerträgen und 16.1% aus Kapitalrückzahlung.
Investoren werden gewarnt, keine Schlussfolgerungen über die Anlageperformance der Fonds aus diesen Ausschüttungen zu ziehen. Ein Teil der Ausschüttung jedes Fonds könnte eine Kapitalrückzahlung darstellen, die stattfindet, wenn ein Teil des investierten Geldes an die Investoren zurückgegeben wird. Die tatsächlichen Beträge zur Steuerberichterstattung können abweichen und werden im Formular 1099 bereitgestellt.
- None.
- None.
| Distribution Period: | September 2024 |
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Ticker |
Tax-Exempt Funds |
Distribution Amount Per Share |
|||||
MAV |
Pioneer Municipal High Income Advantage Fund, Inc. |
|
|||||
MHI |
Pioneer Municipal High Income Fund, Inc. |
|
|||||
MIO |
Pioneer Municipal High Income Opportunities Fund, Inc. |
|
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) |
||||||
|
||||||
|
|
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 |
|
80.9 |
% |
|
83.9 |
% |
Net Realized Short-Term Capital Gains |
|
0.0 |
% |
|
0.0 |
% |
Net Realized Long-Term Capital Gains |
|
0.0 |
% |
|
0.0 |
% |
Return of Capital |
|
19.1 |
% |
|
16.1 |
% |
Total per Common Share |
|
100.0 |
% |
|
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 |
|
85.1 |
% |
|
86.1 |
% |
Net Realized Short-Term Capital Gains |
|
0.0 |
% |
|
0.0 |
% |
Net Realized Long-Term Capital Gains |
|
0.0 |
% |
|
0.0 |
% |
Return of Capital |
|
14.9 |
% |
|
13.9 |
% |
Total per Common Share |
|
100.0 |
% |
|
100.0 |
% |
Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO) |
||||||
|
|
|
|
|
||
|
|
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 |
|
81.2 |
% |
|
82.2 |
% |
Net Realized Short-Term Capital Gains |
|
0.0 |
% |
|
0.0 |
% |
Net Realized Long-Term Capital Gains |
|
0.0 |
% |
|
0.0 |
% |
Return of Capital |
|
18.8 |
% |
|
17.8 |
% |
Total per Common Share |
|
100.0 |
% |
|
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’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.
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
Amundi, a Trusted Partner, working every day in the interest of our clients and society.
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 |
| 3 Amundi data as of 6/30/2024 |
Shareholder Inquiries: Please contact your financial advisor or visit www.amundi.com/us.
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Source: Amundi US
FAQ
What is the September 2024 distribution amount for Pioneer Municipal High Income Advantage Fund (MAV)?
How much of MAV's September 2024 distribution comes from net investment income?
What percentage of MAV's fiscal year-to-date distribution is classified as return of capital?
Are the distribution rates for Pioneer Closed-End Funds guaranteed?
