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[SCHEDULE 13D/A] Pioneer Municipal High Income Advantage Fund, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Amendment No. 4 to Schedule 13D reports that Bank of America Corporation and Banc of America Preferred Funding Corp previously owned 500 Variable Rate MuniFund Term Preferred Shares (CUSIP 723762407) of Pioneer Municipal High Income Advantage Fund, Inc. Those 500 VMTP Shares were redeemed by the issuer on August 18, 2025 for the liquidation preference plus accumulated unpaid dividends. As a result of the redemption the Reporting Persons no longer own any VMTP Shares (CUSIP 723762407) and ceased to be beneficial owners of more than 5% of that class. The amendment replaces certain schedules and updates exhibits, including a joint filing agreement and power of attorney.

Positive

  • None.

Negative

  • Reporting persons no longer own any VMTP Shares (CUSIP 723762407), reducing disclosed large-holder ownership to zero
  • Ceased to be beneficial owners of more than 5% of the class as of August 18, 2025, which may affect market transparency for that security

Insights

TL;DR: Reporting persons’ stake in the VMTP class was fully redeemed, reducing disclosed ownership to zero and removing >5% ownership.

The filing documents a routine issuer-initiated redemption of 500 VMTP shares (CUSIP 723762407) on August 18, 2025, with payment of liquidation preference and accrued dividends. For public investors this is a mechanical change in beneficial ownership: the reporting entities—Bank of America Corporation and Banc of America Preferred Funding Corp—no longer hold the class and the Schedule 13D was amended to reflect that fact and to update exhibits and schedules. There is no new operational or financial detail about the issuer beyond the redemption event.

TL;DR: The amendment formalizes the end of a >5% reporting relationship following a share redemption by the issuer.

The amendment serves primarily to update disclosure and replace previously filed schedules and exhibits. It confirms that the reporting persons ceased to be >5% beneficial owners as of the redemption date and includes replacement exhibits (joint filing agreement, power of attorney, updated schedules). This is procedural disclosure compliance rather than a strategic change by the reporting entities; it reduces the pool of large disclosed holders for this preferred-share class.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


BANK OF AMERICA CORP /DE/
Signature:Andres Ortiz
Name/Title:Andres Ortiz / Authorized Signatory
Date:08/20/2025
Banc of America Preferred Funding Corp
Signature:Andres Ortiz
Name/Title:Andres Ortiz / Authorized Signatory
Date:08/20/2025

FAQ

What happened to the 500 VMTP shares reported on Schedule 13D for MAV?

The 500 VMTP Shares (CUSIP 723762407) were redeemed by the issuer on August 18, 2025 for the liquidation preference plus accumulated unpaid dividends.

Do Bank of America Corporation or Banc of America Preferred Funding Corp still own VMTP shares of Pioneer Municipal High Income Advantage Fund?

No. Following the August 18, 2025 redemption, the Reporting Persons now own 0 VMTP Shares (CUSIP 723762407).

Did the redemption change the reporting status under Schedule 13D?

Yes. The amendment reports that the Reporting Persons ceased to be beneficial owners of more than 5% of the class as a result of the redemption.

What exhibits were updated in this Amendment No. 4?

The filing replaces prior exhibits and adds: Exhibit 99.1 Joint Filing Agreement, 99.2 Power of Attorney, 99.6 Schedule I, and 99.7 Schedule II.

What redemption consideration was paid for the VMTP shares?

The issuer paid the liquidation preference and accumulated but unpaid dividends upon redemption.
Pioneer Muni High Inc Adv

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Asset Management
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United States
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