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 (NYSE: MIO) reports a distribution of $0.0600 per share for March 2022. The distribution comprises $0.0450 from Net Investment Income (75%) and $0.0150 as Return of Capital (25%). For the fiscal year to date, cumulative distributions amount to $0.2900 per share, including $0.22625 from Net Investment Income (78%) and $0.06375 from Return of Capital (22%). The fund advises that these distributions do not guarantee investment performance and are subject to tax reporting regulations.

Positive

• Distribution per share of $0.0600 for March 2022.
• Cumulative distributions for the fiscal year to date of $0.2900 per share.
• Net Investment Income contributing 75% ($0.0450) of the March distribution.

Negative

• Only 75% of the distribution is from Net Investment Income; 25% is Return of Capital.
• No Net Realized Short-Term or Long-Term Capital Gains reported for March.

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

Distribution Period		March 2022
Distribution Amount Per Share		$0.0600

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		$0.04500	75.0%	$0.22625	78.0%
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		$0.01500	25.0%	$0.06375	22.0%
Total per Common Share		$0.06000	100.0%	$0.29000	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 traded on the New York Stock Exchange (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 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 Asset Management US, Inc.
60 State Street, Boston, MA 02109
©2022 Amundi Asset Management US, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220331005017/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 distribution amount for MIO in March 2022?

The distribution amount for Pioneer Municipal High Income Opportunities Fund (MIO) in March 2022 is $0.0600 per share.

What percentage of MIO's distribution is from Net Investment Income?

75% of MIO's distribution for March 2022 comes from Net Investment Income.

How much has MIO distributed so far this fiscal year?

This fiscal year to date, MIO has distributed a cumulative total of $0.2900 per share.

What portion of MIO's distribution is classified as Return of Capital?

25% of MIO's distribution for March 2022 is classified as Return of Capital.

Does MIO guarantee its distribution rates?

No, MIO's distribution rates are not guaranteed and may be affected by various factors.