Amundi US Announces Portfolio Management Changes for Pioneer Municipal Closed-End Funds

Rhea-AI Summary

Amundi US announces portfolio management changes for Pioneer Municipal High Income Fund, Inc. (MHI) along with two other funds. The new managers are John Crosby van Roden III and Prakash Vadlamani effective February 28, 2024.

BOSTON--(BUSINESS WIRE)-- Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.

• Pioneer Municipal High Income Advantage Fund, Inc. (NYSE: MAV)
• Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)
• Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO)

Effective February 28, 2024, the following individuals are responsible for the day-to-day management of the Funds.

• John (Jake) Crosby van Roden III, lead Portfolio Manager. Jake joined Amundi US in February 2024 as Managing Director, Director of Municipals, and Portfolio Manager. Previously, Jake was Managing Director and Senior Portfolio Manager at Macquarie Investment Management, which he joined in 2004.

• Prakash Vadlamani, Portfolio Manager. Prakash is a Senior Vice President, Associate Portfolio Manager and Senior Credit Analyst at Amundi US, and has been a member of the Amundi US Municipals investment team since 2014.

The funds are closed-end investment companies that trade on the New York Stock Exchange (NYSE) under the following symbols: MHI, MAV, and MIO.

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 globally¹. Boston is one of Amundi’s six main global investment hubs² 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 5,400³ team members and market professionals in 35 countries³. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.25 trillion of assets³.

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.

¹ Source: IPE “Top 500 Asset Managers” published in June 2023, based on assets under management as of December 31, 2022.
² Boston, Dublin, London, Milan, Paris, and Tokyo
³ Amundi data as of 12/31/2023

Amundi Distributor US, Inc., Member SIPC
60 State Street, Boston, MA 02109
©2024 Amundi Asset Management US, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240215562946/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

Source: Amundi US

FAQ

Who are the new portfolio managers for Pioneer Municipal High Income Fund, Inc. (MHI)?

John Crosby van Roden III and Prakash Vadlamani are the new portfolio managers for MHI effective February 28, 2024.

What is the ticker symbol for Pioneer Municipal High Income Fund, Inc.?

The ticker symbol for Pioneer Municipal High Income Fund, Inc. is MHI.

When do the portfolio management changes take effect for MHI?

The portfolio management changes for MHI are effective February 28, 2024.

Where do the funds trade?

The funds trade on the New York Stock Exchange (NYSE) under the symbols MHI, MAV, and MIO.