BOSTON--(BUSINESS WIRE)--Each of Pioneer Floating Rate Fund, Inc. (PHD) and Pioneer High Income Fund, Inc. (PHT) held a special meeting of stockholders earlier today. At the special meeting, which was originally held on July 17, 2025 and was adjourned until August 13, 2025, each fund’s stockholders were asked to approve the liquidation and dissolution of the fund pursuant to the Plan of Liquidation and Dissolution adopted by the Board of Directors of the fund. The special meeting was adjourned
Related Questions
What is the estimated net asset value (NAV) of the funds at the time of liquidation and how does it compare to current market prices?
Are there any alternative investment options or replacement funds that current shareholders might consider?
How will the liquidation and dissolution of PHD and PHT affect their share prices in the short term?
What is the expected timeline for the distribution of assets to shareholders after the dissolution?
Are there any tax implications for shareholders resulting from the liquidation?
How will the adjournment of the special meeting to August 13, 2025 impact market expectations and trading volumes?
Will the liquidation trigger any regulatory or compliance actions that could affect the funds or related securities?
How does the dissolution of these funds compare to similar actions taken by other mutual fund families in the industry?
What is the potential impact on the broader market or sector exposure given the funds' holdings and their liquidation?
How might the dissolution affect the liquidity of the underlying securities held by the funds?