Pioneer Investments Declares Monthly Distributions for Closed-End Funds

Pioneer Investments today announced the declaration of dividends for five closed-end funds for October 2009. The closing market price, annualized market price distribution rate, NAV, and NAV distribution rate are based on data as of October 2, 2009.

    
      
        
          Ex Date:
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
           
        
        
          October 13, 2009
        
      
      
        
          Record Date:
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
          October 15, 2009
        
      
      
        
          Payable Date:
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
          October 30, 2009
        
      
    
    
      
        
          

Fund

Distribution

MarketPrice

MarketPriceDistributionRate

NAV

NAVDistributionRate

Taxable

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          Pioneer High Income Trust (NYSE:PHT)
        
        
        
        
          $0.1375
        
        
        
        
          $13.19
        
        
        
        
          12.51%
        
        
        
        
          $11.77
        
        
        
        
          14.02%
        
      
      
        
          Pioneer Floating Rate Trust (NYSE:PHD)
        
        
        
        
          $0.0850
        
        
        
        
          $10.77
        
        
        
        
          9.47%
        
        
        
        
          $11.30
        
        
        
        
          9.03%
        
      
      
        
          Pioneer Diversified High Income Trust (NYSE Amex:HNW) (a)
        
        
        
        
          $0.1600
        
        
        
        
          $17.41
        
        
        
        
          11.03%
        
        
        
        
          $18.11
        
        
        
        
          10.60%
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Tax-Exempt

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          Pioneer Municipal High Income Trust (NYSE: MHI)
        
        
        
        
          $0.0800
        
        
        
        
          $13.53
        
        
        
        
          7.10%
        
        
        
        
          $13.86
        
        
        
        
          6.93%
        
      
      
        
          Pioneer Municipal High Income Advantage Trust (NYSE: MAV)
        
        
        
        
          $0.0800
        
        
        
        
          $12.35
        
        
        
        
          7.77%
        
        
        
        
          $12.24
        
        
        
        
          7.84%
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
        
        
        
        
          

Taxable-EquivalentDistributionRate atMarket Price

Taxable-EquivalentDistributionRate atNAV

        
        
        
        
        
      
      
        
          Pioneer Municipal High Income Trust (NYSE: MHI)
        
        
        
        
          10.92%
        
        
        
        
          10.66%
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          Pioneer Municipal High Income Advantage Trust (NYSE: MAV)
        
        
        
        
          11.95%
        
        
        
        
          12.06%
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          (a) At this time HNW believes that a portion of this distribution 
          may include a return of capital in addition to net investment income 
          and long-term capital gains. 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." Further information on the 
          composition of the distribution will be made available on the 
          payment date and will be available at pioneerinvestments.com. The 
          final determination of tax characteristics of the fund’s 
          distributions will occur after the end of the year, at which time it 
          will be reported to shareholders.
        
      
    
    

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 Amex. 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.

© 2009 Pioneer Investment Management, Inc.

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