[SCHEDULE 13G] Pioneer Floating Rate Fund, Inc. SEC Filing

Rhea-AI Filing Summary

Absolute Investment Advisers, LLC reports beneficial ownership of 1,400,568 shares of Pioneer Floating Rate Fund, Inc. common stock, representing 11.3% of the class. The filing states the adviser has sole voting and sole dispositive power over all reported shares and identifies the issuer's principal executive office in Boston, Massachusetts. The filing is submitted on Schedule 13G and classifies the filer as an investment adviser. No shared ownership, group affiliation, or subsidiary acquisition is reported.

Positive

• Material stake disclosed: Ownership of 1,400,568 shares representing 11.3% of the class
• Clear control: Reports sole voting and sole dispositive power over all reported shares
• Regulatory classification: Filed on Schedule 13G as an investment adviser, indicating passive reporting under the rule

Negative

• None.

Insights

Financial Analyst

TL;DR: A registered investment adviser holds a meaningful minority stake (11.3%) with full voting and dispositive authority.

The reported 11.3% position is large enough to be material to holders of Pioneer Floating Rate Fund, Inc. and could influence shareholder dynamics depending on the fund's ownership dispersion. Because the filer reports sole voting and dispositive power for all 1,400,568 shares, the adviser can act unilaterally on proxy matters for this block. The filing does not disclose any planned schedule 13D-level activism, amendments, or transactions beyond ownership.

Corporate Governance Specialist

TL;DR: Ownership structure shows concentrated influence by a registered adviser without any group affiliations or shared control.

The statement classifies the filer as an investment adviser and confirms no shared voting or dispositive arrangements, and no group membership. For governance considerations, this concentrated, singular voting block may affect votes on board matters or other shareholder proposals if other holders are fragmented. The filing includes required certification language but contains no disclosures of agreements, plans, or intentions regarding the investment.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Pioneer Floating Rate Fund, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

72369J102

(CUSIP Number)

09/23/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 72369J102

1

Names of Reporting Persons

Absolute Investment Advisers, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,400,568.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,400,568.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,400,568.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Pioneer Floating Rate Fund, Inc.
(b)	Address of issuer's principal executive offices: 60 State Street, Boston, MASSACHUSETTS 02109
Item 2.
(a)	Name of person filing: Absolute Investment Advisers, LLC
(b)	Address or principal business office or, if none, residence: 82 S. Barrett Square Suite 2G PO Box 611132 Rosemary Beach, FL 32461
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 72369J102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1400568
(b)	Percent of class: 11.30 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1400568
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1400568
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to An investment adviser registered under Section 203 of the Investment Advisers Act of 1940 or under the laws of any state is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

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.

Absolute Investment Advisers, LLC

Signature:	David Faherty
Name/Title:	Chief Compliance Officer
Date:	09/24/2025

FAQ

How many shares of Pioneer Floating Rate Fund, Inc. (PHD) does Absolute Investment Advisers own?

The filing reports ownership of 1,400,568 shares.

What percentage of PHD does Absolute Investment Advisers beneficially own?

The adviser beneficially owns 11.3% of the outstanding common stock.

Does Absolute Investment Advisers share voting or dispositive power over these shares?

No. The filing discloses sole voting and sole dispositive power for all reported shares.

Is the filing a Schedule 13G or 13D and what does that indicate?

This is a Schedule 13G filing, which generally indicates a passive investor disclosure by an investment adviser.

Does the filing report any group affiliations or subsidiary acquisitions?

No. The filing states Not Applicable for group membership and subsidiary acquisition items.