M&A - Pioneer Diversified High Income Fund, Inc.

Form Type: DEFC14A

Filing Date: 2025-02-11

Corporate Action: Merger

Type: New

Accession Number: 000182126825000055

Filing Summary: A Special Meeting of Stockholders is scheduled for March 26, 2025, to seek approval for a new investment advisory agreement between Pioneer Diversified High Income Fund, Inc. and Victory Capital Management Inc. This proposal arises as Amundi Asset Management US, Inc., the current investment adviser, is merging with Victory Capital. The proposed advisory fee remains unchanged. The current portfolio managers will continue under Victory Capital's oversight. There is an expected campaign against this change led by Saba Capital Management, which may disrupt fund operations if the proposal is not approved. Stockholders are strongly encouraged to vote 'FOR' the new agreement to maintain management consistency and prevent upheaval in fund operations. Voting instructions and proxy submission details are provided. The transaction is projected to finalize by Q1 2025, pending approvals.