Pioneer funds remove Maryland Control Share Acquisition Act provision

PIONEER HIGH INCOME FUND, INC.

On May 6, 2025, boards of six Pioneer funds amended bylaws to delete Article II, Section 13, which subjected funds to the Maryland Control Share Acquisition Act.
The repealed provision limited voting rights of shareholders acquiring certain ownership thresholds.
The amendments apply to: Pioneer Diversified High Income, Floating Rate, High Income, Municipal High Income, Municipal High Income Advantage, Municipal High Income Opportunities Funds.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PIONEER HIGH INCOME FUND, INC.: Repealed Article II, Section 13 to remove application of the Maryland Control Share Acquisition Act (effective 2025-05-06).

Change: bylaw amendment
Effective: 2025-05-06

Exact text from the filing

On May 6, 2025, the Board of Directors of Pioneer Diversified High Income Fund, Inc., Pioneer Floating Rate Fund, Inc., Pioneer High Income Fund, Inc., Pioneer Municipal High Income Advantage Fund, Inc., Pioneer Municipal High Income Fund, Inc. and Pioneer Municipal High Income Opportunities Fund, Inc. (each, a “Fund”) amended the Bylaws of the Fund to remove Article II, Section 13.

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Source: SEC EDGAR

accession 0001193125-25-116099

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