Pioneer High Income Fund, Inc. Filed a Prospectus Supplement to Its “Shelf” Registration Statement
January 18 2022 - 08:30AM
Business Wire
Pioneer High Income Fund, Inc. (NYSE: PHT), a diversified
closed-end fund (the “Fund”), has announced that it filed a
prospectus supplement to its “shelf” registration statement for $55
million in common shares with the U.S. Securities and Exchange
Commission.
The prospectus supplement enables the Fund to sell from time to
time, in one or more at-the-market offerings, the Fund’s common
shares up to a total amount of $55 million. The filing will allow
the Fund to offer these registered securities when market
conditions are considered favorable.
Common shares of the Fund will only be issued utilizing the
shelf registration when the premium to net asset value (“NAV”) is
greater than the costs associated with the transaction. There can
be no guarantee that the Fund will engage in any sales or any
particular level of sales of common shares, if shares are offered.
Any proceeds raised would be used for investment purposes.
An investor should read the Fund’s prospectus and the applicable
prospectus supplement carefully before investing in the Fund. The
Fund’s shares may be offered directly to one or more purchasers,
through agents designated from time to time by the Fund, or to or
through underwriters or dealers. The prospectus supplement relating
to any offering will identify any agents, underwriters or dealers
involved in the sale of Fund shares, and will set forth any
applicable purchase price, fee, commission or discount arrangement
between the Fund and its agents or underwriters, or among the
Fund’s underwriters, or the basis upon which such amount may be
calculated. The Fund’s shares may not be sold through agents,
underwriters or dealers without delivery of a prospectus
supplement, if and when available, describing the method and terms
of the particular offering of Fund shares.
Note Pioneer High Income Fund, Inc. is a closed-end
investment company traded on the New York Stock Exchange (NYSE)
under the symbol PHT.
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’
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 4,800 employees in 36
countries. A subsidiary of the Crédit Agricole group and listed on
the Paris stock exchange, Amundi currently manages approximately
$2.09 trillion of assets[3].
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.
- Source: IPE “Top 500 Asset Managers” published in June 2021,
based on assets under management as of 12/31/2020
- Boston, Dublin, London, Milan, Paris, and Tokyo
- Amundi data as of 9/30/21
Amundi Distributor US, Inc., Member SIPC 60 State Street,
Boston, MA 02109 ©2022 Amundi Asset Management US
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220118005027/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
Pioneer High Income (NYSE:PHT)
Historical Stock Chart
From Feb 2024 to Mar 2024
Pioneer High Income (NYSE:PHT)
Historical Stock Chart
From Mar 2023 to Mar 2024