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

Rhea-AI Filing Summary

Pioneer Municipal High Income Fund reported that Bank of America Corporation and Banc of America Preferred Funding Corp amended their Schedule 13D to disclose the redemption of 500 Variable Rate MuniFund Term Preferred Shares (CUSIP 723763405). The issuer redeemed those shares for their liquidation preference plus accumulated but unpaid dividends, and as a result the reporting persons now own 0 VMTP Shares and ceased to be beneficial owners of more than 5% of the class. The amendment updates identity schedules and exhibits and incorporates the cover pages showing zero voting and dispositive power for the reporting persons.

Insights

Securities Analyst

TL;DR: Redemption removed a >5% holder; ownership now zero, reducing potential influence but reflecting routine capital return.

The filing documents a straightforward redemption of 500 VMTP shares that were repaid at liquidation preference plus accrued dividends, eliminating the reporting persons' beneficial ownership and any voting or dispositive power. This is a clear change in ownership composition of the preferred share class but contains no indications of contested control or material strategic shifts by the issuer. For investors, the event mainly clarifies share count and holder concentration.

Corporate Governance Expert

TL;DR: Governance impact is limited; a >5% holder exited the class, lowering a single stakeholder's influence.

The amendment replaces identity schedules and confirms the reporting entities no longer hold VMTP shares. From a governance perspective, the redemption reduces a single counterparty's potential sway over preferred-share matters and simplifies the cap table for that class. The filing shows procedural compliance with disclosure rules and updates exhibits like the joint filing agreement and power of attorney.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

PIONEER MUNICIPAL HIGH INCOME FUND, INC.

(Name of Issuer)

VARIABLE RATE MUNIFUND TERM PREFERRED SHARES

(Title of Class of Securities)

723763405

(CUSIP Number)

Bank of America Corporation
Bank of America Corporate Center, 100 N. Tryon Street
Charlotte, NC, 28255
980-825-9256

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/18/2025

(Date of Event Which Requires Filing of This Statement)

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

CUSIP No. 723763405

1

Name of reporting person

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13D

CUSIP No. 723763405

1

Name of reporting person

Banc of America Preferred Funding Corp

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: VARIABLE RATE MUNIFUND TERM PREFERRED SHARES
(b)	Name of Issuer: PIONEER MUNICIPAL HIGH INCOME FUND, INC.
(c)	Address of Issuer's Principal Executive Offices: 60 STATE STREET, 5TH FLOOR, BOSTON, MASSACHUSETTS , 02109.
Item 1 Comment: This Amendment No. 5 (this Amendment) amends, as set forth below, the statement on Schedule 13D, dated May 30, 2023 and filed with the SEC on June 7, 2023 (as amended to the date hereof, the Original Schedule 13D) for Bank of America Corporation (BAC) and Banc of America Preferred Funding Corporation (BAPFC) (collectively, the Reporting Persons) with respect to the Variable Rate MuniFund Term Preferred Shares (VMTP Shares) of Pioneer Municipal High Income Fund, Inc. (the Issuer). This Amendment is being filed to report a change in the Reporting Person's ownership percentage of the Issuer as a result of the redemption of 500 VMTP (CUSIP No. 723763405) Shares on August 18, 2025, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by the Issuer with the SEC on July 17, 2025.
Item 2.	Identity and Background
(c)	Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule I referenced therein and replacing them with Schedule I included with this Amendment.
(d)	Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule II referenced therein and replacing them with Schedule II included with this Amendment.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "The 500 VMTP Shares (CUSIP No. 723763405) held by BAPFC were redeemed by the issuer for a redemption price of the liquidation preference and accumulative but unpaid dividends and as result of the redemption, the Reporting Persons no longer own any VMTP Shares (CUSIP No. 723763405) of the Issuer."
Item 4.	Purpose of Transaction
	Item 4 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "As a result of the redemption, the Reporting Persons no longer own any VMTP Shares (CUSIP No. 723763405) of the Issuer."
Item 5.	Interest in Securities of the Issuer
(a)	Paragraph (a) of Item 5 of the Original Schedule 13D are hereby amended and restated in their entirety by incorporating by reference the cover pages of this Amendment.
(b)	Paragraph (b) of Item 5 of the Original Schedule 13D are hereby amended and restated in their entirety by incorporating by reference the cover pages of this Amendment.
(c)	Paragraph (c) of Item 5 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "The 500 VMTP Shares held by BAPFC were redeemed by the Issuer on August 18, 2025, for a redemption price of the liquidation preference and accumulated but unpaid dividends and as result of the redemption, the Reporting Persons now own 0 VMTP Shares.
(d)	Paragraph (d) of Item 5 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: (d) Not applicable
(e)	On August 18, 2025, as a result of the redemption, the Reporting Persons ceased to be the beneficial owner of more than five percent of the class of securities.
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 and Exhibit 99.2 hereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Power of Attorney 99.6 Schedule I 99.7 Schedule II"

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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