Liquidation: PIONEER MUNICIPAL HIGH INCOME FUND, INC.

Form Type: N-CSR

Filing Date: 2025-07-09

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525157007

Filing Summary: On May 6, 2025, the Board of Directors of Pioneer Municipal High Income Fund, Inc. approved a plan of liquidation of the Fund, which will be submitted for shareholder approval at a Special Meeting. The Board is recommending that shareholders vote in favor of the liquidation. A proxy statement has been submitted to the SEC and will be mailed to stockholders, containing key information concerning the liquidation proposal. The Fund reported an income return of 2.53% at net asset value and 12.33% at market price for the fiscal year ending April 30, 2025. The Fund’s monthly distribution rate remained steady at $0.035 per share through April 2025, with its 30-day SEC yield at 4.60% as of that date. Investment strategies over the period included credit selection and thematic repositioning, with a focus on high yield municipal bonds. The Fund's performance relative to its benchmarks highlighted both strengths and weaknesses, reflecting the effects of leverage and market strategies employed. The outlook for the Fund includes considerations of economic conditions, tariff policies, and the anticipated impacts on the municipal sector.