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

Rhea-AI Summary

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO) announced its distribution for August 2022, amounting to $0.0630 per share. The distributions this fiscal year include $0.04190 from net investment income (66.5%) and $0.02110 as a return of capital (33.5%). The fund warns that returns of capital may not reflect income or gains, and estimates for tax reporting may change based on investment performance.

Positive

• Distribution of $0.0630 per share for August 2022.
• 66.5% of total distributions this fiscal year from net investment income.

Negative

• Return of capital is significant at 33.5%, indicating potential income concerns.
• No realized short-term or long-term capital gains reported.

BOSTON--(BUSINESS WIRE)-- Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO) today reported sources of distribution for August and for distributions this fiscal year to date.

Distribution Period	August 2022
Distribution Amount Per Share	$0.0630

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	$0.04190	66.5%	$0.17690	72.8%
Net Realized Short-Term Capital Gains	$0.00000	0.0%	$0.00000	0.0%
Net Realized Long-Term Capital Gains	$0.00000	0.0%	$0.00000	0.0%
Return of Capital	$0.02110	33.5%	$0.06610	27.2%
Total per Common Share	$0.06300	100.0%	$0.24300	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 Municipal High Income Opportunities Fund, Inc. is a closed-end investment company trading on the NYSE under the symbol 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 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 5,400^[3] employees in 35 countries^[4]. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.01 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 2022, based on assets under management as of 12/31/2021
² Boston, Dublin, London, Milan, Paris, and Tokyo
³ Consolidated internal Amundi and Lyxor workforce as at 6/30/2022
⁴ Amundi data as of 6/30/22

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/20220831005004/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 August 2022 distribution amount for MIO?

The distribution amount for August 2022 is $0.0630 per share.

What percentage of MIO's fiscal year distributions are from net investment income?

66.5% of MIO's fiscal year distributions are from net investment income.

How much of MIO's distribution is a return of capital?

33.5% of MIO's distribution is classified as a return of capital.

Has MIO reported any realized capital gains?

MIO has not reported any realized short-term or long-term capital gains.