Pioneer Floating Rate Fund, INC

Pioneer Funds, including Pioneer Floating Rate Fund and several high income funds, amended their bylaws on May 6, 2025, to remove a provision related to the Maryland Control Share Acquisition Act.

The Boards of Directors of six Pioneer closed-end funds have approved a plan of liquidation, which will be submitted to stockholders for approval at a Special Meeting.

Pioneer Funds are undergoing a transition in investment advisory services from Amundi US to Victory Capital following a merger, with shareholder approval pending for a new advisory agreement.

Pioneer Floating Rate Fund, Pioneer Diversified High Income Fund, and Pioneer High Income Fund announce the postponement of their Special Meeting of Stockholders originally scheduled for March 26, 2025, to allow shareholders more time to vote.

Amundi US has announced a definitive agreement to combine its investment adviser with Victory Capital, potentially leading to new advisory agreements for several Pioneer closed-end funds.

Pioneer Floating Rate Fund (PHD) has again adjourned its Special Meeting of Stockholders to August 22, 2025, citing insufficient participation and urging a vote on the Board-recommended liquidation proposal.

Pioneer Floating Rate Fund (PHD) and Pioneer High Income Fund (PHT) have adjourned their Special Meeting of Stockholders to August 20, 2025, due to insufficient participation, urging shareholders to vote on a liquidation proposal.

Pioneer Diversified High Income, Floating Rate, and High Income Funds have adjourned their Special Meeting to August 13, 2025, to continue soliciting votes for liquidation approval.

Pioneer Diversified High Income, Floating Rate, and High Income Funds have adjourned their Special Meeting of Stockholders to August 13, 2025, due to insufficient votes.

Pioneer Closed-End Funds are urging stockholders to vote on a proposal for the liquidation and dissolution of each fund, with the Boards of Directors unanimously recommending a 'FOR' vote.

Six Pioneer closed-end funds are seeking stockholder approval to liquidate and dissolve after failing to secure a new investment advisory agreement with Victory Capital, exacerbated by significant activist investor opposition.

Almitas Capital LLC has reported a 5.7% beneficial ownership stake in Pioneer Floating Rate Fund, Inc., holding 699,986 shares of common stock.

Absolute Investment Advisers, LLC has disclosed a significant 11.3% beneficial ownership, totaling 1,400,568 shares, in Pioneer Floating Rate Fund, Inc.