[SCHEDULE 13D/A] Pioneer Municipal High Income Advantage Fund, Inc. SEC Filing
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.
Emendamento n. 4 al Modulo 13D segnala che Bank of America Corporation e Banc of America Preferred Funding Corp possedevano in precedenza 500 Azioni Preferenziali a Tasso Variabile MuniFund Term (CUSIP 723762407) di Pioneer Municipal High Income Advantage Fund, Inc. Tali 500 azioni VMTP sono state rimborsate dall'emittente il 18 agosto 2025 al valore di liquidazione più i dividendi non pagati accumulati. A seguito del rimborso, le Persone Dichiaranti non detengono più alcuna azione VMTP (CUSIP 723762407) e hanno cessato di essere beneficiari di oltre il 5% di quella classe. L'emendamento sostituisce alcuni allegati e aggiorna gli esemplari, incluso un accordo di deposito congiunto e una procura.
Enmienda n.º 4 al Anexo 13D informa que Bank of America Corporation y Banc of America Preferred Funding Corp poseían anteriormente 500 Acciones Preferentes a Tasa Variable MuniFund Term (CUSIP 723762407) de Pioneer Municipal High Income Advantage Fund, Inc. Esas 500 acciones VMTP fueron redimidas por el emisor el 18 de agosto de 2025 por el valor de liquidación más los dividendos acumulados no pagados. Como resultado de la redención, las Personas Informantes ya no poseen ninguna acción VMTP (CUSIP 723762407) y dejaron de ser propietarios beneficiarios de más del 5% de esa clase. La enmienda reemplaza ciertos anexos y actualiza los documentos, incluyendo un acuerdo de presentación conjunta y un poder.
스케줄 13D 수정안 제4호는 Bank of America Corporation 및 Banc of America Preferred Funding Corp가 이전에 Pioneer Municipal High Income Advantage Fund, Inc.의 500주(변동이자율 MuniFund Term 우선주, CUSIP 723762407)를 보유하고 있었음을 보고합니다. 해당 500주의 VMTP 주식은 발행자가 2025년 8월 18일에 청산우선액 및 누적 미지급 배당금을 합산한 금액으로 상환했습니다. 상환 결과 보고인들은 더 이상 VMTP 주식(CUSIP 723762407)을 보유하지 않게 되었고 해당 종류의 5% 초과 유익소유자가 아니게 되었습니다. 이 수정안은 일부 스케줄을 대체하고 공동 제출 계약 및 위임장 등을 포함한 서류들을 갱신합니다.
Amendement n°4 à l'Annexe 13D indique que Bank of America Corporation et Banc of America Preferred Funding Corp détenaient auparavant 500 actions privilégiées à taux variable MuniFund Term (CUSIP 723762407) de Pioneer Municipal High Income Advantage Fund, Inc. Ces 500 actions VMTP ont été rachetées par l'émetteur le 18 août 2025 au montant de la préférence de liquidation plus les dividendes accumulés non payés. À la suite de ce rachat, les personnes déclarantes ne détiennent plus aucune action VMTP (CUSIP 723762407) et ont cessé d'être des propriétaires bénéficiaires de plus de 5 % de cette catégorie. L'amendement remplace certaines annexes et met à jour les pièces, y compris un accord de dépôt conjoint et une procuration.
Änderung Nr. 4 zu Schedule 13D berichtet, dass die Bank of America Corporation und Banc of America Preferred Funding Corp zuvor 500 Variable Rate MuniFund Term Preferred Shares (CUSIP 723762407) des Pioneer Municipal High Income Advantage Fund, Inc. hielten. Diese 500 VMTP-Aktien wurden vom Emittenten am 18. August 2025 zum Liquidationspräferenzbetrag zuzüglich aufgelaufener, unbezahlter Dividenden eingelöst. Infolge der Einlösung besitzen die berichtenden Personen keine VMTP-Aktien (CUSIP 723762407) mehr und sind nicht länger wirtschaftliche Eigentümer von mehr als 5 % dieser Aktienklasse. Die Änderung ersetzt bestimmte Anlagen und aktualisiert Beilagen, darunter eine gemeinsame Einreichungsvereinbarung und eine Vollmacht.
- None.
- 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.
Emendamento n. 4 al Modulo 13D segnala che Bank of America Corporation e Banc of America Preferred Funding Corp possedevano in precedenza 500 Azioni Preferenziali a Tasso Variabile MuniFund Term (CUSIP 723762407) di Pioneer Municipal High Income Advantage Fund, Inc. Tali 500 azioni VMTP sono state rimborsate dall'emittente il 18 agosto 2025 al valore di liquidazione più i dividendi non pagati accumulati. A seguito del rimborso, le Persone Dichiaranti non detengono più alcuna azione VMTP (CUSIP 723762407) e hanno cessato di essere beneficiari di oltre il 5% di quella classe. L'emendamento sostituisce alcuni allegati e aggiorna gli esemplari, incluso un accordo di deposito congiunto e una procura.
Enmienda n.º 4 al Anexo 13D informa que Bank of America Corporation y Banc of America Preferred Funding Corp poseían anteriormente 500 Acciones Preferentes a Tasa Variable MuniFund Term (CUSIP 723762407) de Pioneer Municipal High Income Advantage Fund, Inc. Esas 500 acciones VMTP fueron redimidas por el emisor el 18 de agosto de 2025 por el valor de liquidación más los dividendos acumulados no pagados. Como resultado de la redención, las Personas Informantes ya no poseen ninguna acción VMTP (CUSIP 723762407) y dejaron de ser propietarios beneficiarios de más del 5% de esa clase. La enmienda reemplaza ciertos anexos y actualiza los documentos, incluyendo un acuerdo de presentación conjunta y un poder.
스케줄 13D 수정안 제4호는 Bank of America Corporation 및 Banc of America Preferred Funding Corp가 이전에 Pioneer Municipal High Income Advantage Fund, Inc.의 500주(변동이자율 MuniFund Term 우선주, CUSIP 723762407)를 보유하고 있었음을 보고합니다. 해당 500주의 VMTP 주식은 발행자가 2025년 8월 18일에 청산우선액 및 누적 미지급 배당금을 합산한 금액으로 상환했습니다. 상환 결과 보고인들은 더 이상 VMTP 주식(CUSIP 723762407)을 보유하지 않게 되었고 해당 종류의 5% 초과 유익소유자가 아니게 되었습니다. 이 수정안은 일부 스케줄을 대체하고 공동 제출 계약 및 위임장 등을 포함한 서류들을 갱신합니다.
Amendement n°4 à l'Annexe 13D indique que Bank of America Corporation et Banc of America Preferred Funding Corp détenaient auparavant 500 actions privilégiées à taux variable MuniFund Term (CUSIP 723762407) de Pioneer Municipal High Income Advantage Fund, Inc. Ces 500 actions VMTP ont été rachetées par l'émetteur le 18 août 2025 au montant de la préférence de liquidation plus les dividendes accumulés non payés. À la suite de ce rachat, les personnes déclarantes ne détiennent plus aucune action VMTP (CUSIP 723762407) et ont cessé d'être des propriétaires bénéficiaires de plus de 5 % de cette catégorie. L'amendement remplace certaines annexes et met à jour les pièces, y compris un accord de dépôt conjoint et une procuration.
Änderung Nr. 4 zu Schedule 13D berichtet, dass die Bank of America Corporation und Banc of America Preferred Funding Corp zuvor 500 Variable Rate MuniFund Term Preferred Shares (CUSIP 723762407) des Pioneer Municipal High Income Advantage Fund, Inc. hielten. Diese 500 VMTP-Aktien wurden vom Emittenten am 18. August 2025 zum Liquidationspräferenzbetrag zuzüglich aufgelaufener, unbezahlter Dividenden eingelöst. Infolge der Einlösung besitzen die berichtenden Personen keine VMTP-Aktien (CUSIP 723762407) mehr und sind nicht länger wirtschaftliche Eigentümer von mehr als 5 % dieser Aktienklasse. Die Änderung ersetzt bestimmte Anlagen und aktualisiert Beilagen, darunter eine gemeinsame Einreichungsvereinbarung und eine Vollmacht.
FAQ
What happened to the 500 VMTP shares reported on Schedule 13D for MAV?
Do Bank of America Corporation or Banc of America Preferred Funding Corp still own VMTP shares of Pioneer Municipal High Income Advantage Fund?
Did the redemption change the reporting status under Schedule 13D?
What exhibits were updated in this Amendment No. 4?
What redemption consideration was paid for the VMTP shares?
