Pioneer Funds Announce Liquidation Distributions: Expected Payments and Tax Implications

Pioneer Diversified High Income Fund and Pioneer High Income Fund announced their liquidating distributions, with expected payouts of $11.074605 and $7.899470 per common share, respectively. The funds ceased trading on September 26, 2025, and the primary liquidating distribution is anticipated to be paid in cash on September 30, 2025. Stockholders should consult with tax and financial experts regarding the specific tax consequences of the liquidation.

Pioneer Diversified High Income Fund, Inc. (HNW) and Pioneer High Income Fund, Inc. (PHT) have announced significant liquidating distributions, marking the end of their operations. Both funds ceased trading on September 26, 2025, and the primary liquidating distributions are expected to be paid in cash on September 30, 2025.

The expected distribution per common share for Pioneer Diversified High Income Fund, Inc. (HNW) is $11.394900, with a taxable ordinary income distribution of $0.320295 per share Pioneer Diversified High Income Fund, Inc. and Pioneer High Income Fund, Inc. Announce Liquidating Distributions^[1]. For Pioneer High Income Fund, Inc. (PHT), the expected distribution per common share is $8.137515, with a taxable ordinary income distribution of $0.238045 per share Pioneer Diversified High Income Fund, Inc. and Pioneer High Income Fund, Inc. Announce Liquidating Distributions^[1].

Investments in these funds involve risks, including the potential loss of principal. Shareholders should consult with qualified tax and financial experts to understand the specific tax consequences of the liquidation. The funds emphasize that distribution rates are not guaranteed and may be affected by various factors such as changes in investment income and undistributed net investment income Pioneer Diversified High Income Fund, Inc. and Pioneer High Income Fund, Inc. Announce Liquidating Distributions^[1].

Pioneer High Income Fund (PHT) previously announced that stockholders had approved the fund's liquidation and dissolution plan, with the last trading day expected around September 25, 2025 Pioneer High Income Fund Stock Price, News & Analysis^[2]. The liquidation will generally be a taxable event for stockholders subject to U.S. federal income tax, with capital gains or losses determined by the difference between liquidation distribution amounts and adjusted basis in fund shares Pioneer High Income Fund Stock Price, News & Analysis^[2].

Investors are encouraged to seek advice from qualified tax and financial experts regarding the best options for their particular circumstances. For more information, please contact your financial advisor.