Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

BOSTON–(BUSINESS WIRE)–Amundi US today announced the declaration of dividends for two Pioneer closed-end funds for December 2023.


Ex-Date:

December 28, 2023

Record Date:

December 29, 2023

Payable:

January 8, 2024

Ticker

 
 

Taxable Funds

 

 

Distribution

Per Share

 

 

Change From

Previous Month

HNW

 
 

Pioneer Diversified High Income Fund, Inc.

 

 

$0.0900

 

 

PHD

 
 

Pioneer Floating Rate Fund, Inc.

 

 

$0.0925

 

 

 

 

 
 

Market

Price

 

 

Market Price

Distribution Rate

 

 

NAV

 

 

NAV

Distribution Rate

Pioneer Diversified High Income Fund, Inc.

 

 
 

$11.00

 

 

9.82%

 

 

$12.14

 

 

8.90%

Pioneer Floating Rate Fund, Inc.

 

 
 

$9.17

 

 

12.10%

 

 

$10.15

 

 

10.94%

If any Fund estimates that any portion of its distribution may be comprised of amounts from sources other than net investment income, the Fund will provide shareholders a separate written notice. These notices are provided for informational purposes only, and should not be used for tax reporting purposes. The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders. A return of capital is not a distribution of income or capital gains from the Fund, does not necessarily reflect the Fund’s investment performance, and should not be considered “yield” or “income.”

­The closing market price and NAV are based on data as of December 15, 2023. The Market Price Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the market price. The NAV Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the NAV per share.

The funds are closed-end investment companies. PHD trades on the New York Stock Exchange (NYSE); HNW trades on the NYSEAMER.

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. Shareholders should not draw any conclusions about a fund’s investment performance based on a fund’s current distributions. 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. 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 5,4003 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 $2.08 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 2023, based on assets under management as of December 31, 2022.

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

3 Amundi data as of 9/30/2023

Amundi Distributor US, Inc., Member SIPC
60 State Street, Boston, MA 02109

©2023 Amundi Asset Management US, Inc.

Contacts

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