Pioneer Investments Announces Annual Election of Trustees for Closed-End Funds
24 October 2012 - 7:53AM
Business Wire
Pioneer Investment Management, Inc. announced today the results
of the annual shareholder meetings for Pioneer Diversified High
Income Trust (NYSE MKT: HNW), Pioneer Floating Rate Trust (NYSE:
PHD), Pioneer High Income Trust (NYSE: PHT), Pioneer Municipal High
Income Trust (NYSE: MHI), and Pioneer Municipal High Income
Advantage Trust (NYSE: MAV). Shareholders of record as of the close
of business on July 13, 2012 elected two Trustees for each fund,
Thomas J. Perna and Marguerite A. Piret, each to serve a three-year
term.
With respect to Pioneer Diversified High Income Trust, the
holders of common shares voted to elect Mr. Perna and Ms. Piret as
Trustees. With respect to Pioneer Floating Rate Trust, Pioneer High
Income Trust, Pioneer Municipal High Income Trust and Pioneer
Municipal High Income Advantage Trust, the holders of common shares
and preferred shares of each fund voted on the respective nominees
designated to be elected by such class of shares. Accordingly, Mr.
Perna was elected by the holders of common and preferred shares of
each of the funds and Ms. Piret was elected by the holders of
preferred shares of each of the funds.
The joint shareholder meetings were held on September 18, 2012.
With respect to Pioneer High Income Trust, the September 18, 2012
meeting was adjourned until October 23, 2012 to provide the fund’s
preferred shareholders additional time to cast their votes.
The funds are closed-end investment companies. Four of these
funds trade on the New York Stock Exchange (NYSE) under the
following symbols: MHI, MAV, PHT, and PHD. HNW trades on the NYSE
MKT. Pioneer Investment Management, Inc. is each fund’s investment
adviser.
Keep in mind, dividends are not guaranteed. Closed-end funds,
unlike open-end funds, are not continuously offered. There is a
one-time public offering and 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 Pioneer's closed-end funds, please call
800-225-6292 or visit our closed-end pricing page.
© 2012 Pioneer Investment Management, Inc.Member of the
UniCredit Banking Group,Register of Banking Groups
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