MHI News and Press, Pioneer Municipal High Income Trust of Beneficial Interest From 08/30/21

The option-adjusted-spread ((OAS)) on the investment grade or high-grade corporate bond index, is presently about 95-100 bps better than the equivalent Treasury. As of last Friday, August 27th, 2021, the BBB OAS was yielding about 104 bp’s over equivalent Treasuries, which shou...

The intensity of the income need only grows as investors move closer to - and enter - their retirement years. While diversified credit portfolios offer benefits, the potential drawdowns could be too much for some investors’ risk tolerances. For tax-sensitive investors, the ...

The high yield municipal market’s resiliency passed its latest test in the COVID-19 pandemic. Most municipal borrowers began to feel a financial impact from the Coronavirus by the second and third quarters of 2020. The concentration of defaults in one sector affirms our bel...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

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 ...

Pioneer Municipal High Income Fund, Inc. (NYSE: MHI) today reported sources of distribution for July this fiscal year to date. The following table sets forth estimates of the character of the current distribution and the cumulative distributions paid this fiscal year to date from th...

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