Pioneer Municipal High Income Fund, INC DEF 14A proxy statements
Proxy statements, covering the matters put to shareholders at the annual meeting — board elections, auditor ratification and executive pay.
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.
DEF: Pioneer Funds Propose Liquidation Amidst Failed Advisory Agreement Approval and Activist Pressure
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.
Pioneer Municipal High Income Fund, Inc. (MHI), Pioneer Municipal High Income Advantage Fund, Inc. (MAV), and Pioneer Municipal High Income Opportunities Fund, Inc. (MIO) have postponed their Special Meeting of Stockholders originally scheduled for March 26, 2025, to allow shareholders more time to vote.
Pioneer Municipal High Income Funds are seeking stockholder approval for a new investment advisory agreement with Victory Capital Management Inc. following a merger, while facing opposition from Saba Capital Management, L.P.
Saba Capital is soliciting proxies to vote against the proposed new investment advisory agreement with Victory Capital Management Inc., advocating for shareholders to have the option to exit the fund at net asset value (NAV).
Pioneer Funds is contacting stockholders to confirm receipt of proxy materials and encourage voting on a proposal at the Special Meeting of Stockholders scheduled for October 3, 2024.
Pioneer Municipal High Income Funds are holding annual meetings to elect directors, with a backdrop of a potential advisory agreement change due to the pending combination of Amundi Asset Management US, Inc. with Victory Capital Holdings, Inc.
Pioneer Municipal High Income Funds are holding an annual meeting where shareholders will vote on the election of directors amidst a challenge from activist investor Saba Capital, who is seeking board representation.