MAV News and Press, Pioneer Municipal High Income Advantage Trust of Beneficial Interest From 07/15/21

From January 1995 through June 2021, Treasury rates rose more than half a percentage point over a two-month period at a frequency of nearly 9%. Simply put, when money sleeps, it stops working for you. As a muni investor, you need your money to work hard. For further details ...

During the first half of the year, municipal bonds (munis) shrugged off the rise in long-term U.S. interest rates and crushed their taxable counterparts. Looking at fundamental credit strength, state tax receipts are much better than were estimated a year ago. Municipal bonds are ...

Muni CEF discounts are closing by the day. I believe they will reach a premium in the next few months (perhaps sooner). We have remained steadfastly bullish on tax-free munis, especially high-yield munis in 2021, for numerous reasons. Our view is that rates have made the bulk of t...

The Fed now acknowledges inflation risks are to the upside. With high uncertainty on the inflation and employment outlook, adjusting its exceptionally loose monetary stance at the right time and pace become a very difficult high-wire act. The Fed now acknowledges the upside inflat...

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. GAB rights offering is now live. IGA/IGD/IDE tender results were pleasing, DEX tender coming up. DSE to merge into an open-ended fund soon. Portfolio holdings: distribution boost...

1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while convertibles lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 16, 2021

We believe the investing public appears to already be anticipating higher taxes and are currently favoring tax-exempt income solutions, based on fund inflows. Currently, high yield municipal bond defaults are actually on the decline as cities and states re-emerge from some COVID-19 re...

Pioneer Municipal High Income Advantage Trust (MAV) declares $0.05/share monthly dividend, -4.8% decrease from prior dividend of $0.0525.Forward yield 4.94%Payable May 28; for shareholders of record May 19; ex-div May 18.See MAV Dividend Scorecard, Yield Chart, & Dividend Growth. For fu...

Are we going to go back to the past, as economies around the world open and vaccinations and herd immunity take hold? At Cumberland Advisors, we see less near-term municipal credit risk, but we are a little cautious of weaker sectors and regions that may not receive aid or that have h...

Amundi US today announced the declaration of dividends for five Pioneer closed-end funds for April 2021. If any Fund estimates that any portion of its distribution may be comprised of amounts from sources other than net investment income, the Fund will provide shareholders a separat...