Pioneer Investments Announces Approval of At-Par Redemption of Auction Market Preferred Shares of Pioneer Floating Rate Trust and Pioneer High Income Trust

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Pioneer Investments Announces Approval of At-Par Redemption of Auction Market Preferred Shares of Pioneer Floating Rate Trust and Pioneer High Income Trust Powered By Docstoc
					
				
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posted:7/25/2013
language:Japanese
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Description: BOSTON--(BUSINESS WIRE)--Pioneer Investments announced today that Pioneer Floating Rate Trust (NYSE: PHD) and Pioneer High Income Trust (NYSE: PHT) each intend to redeem all of their outstanding auction market preferred shares (“AMPS”) at the liquidation preference per share (sometimes referred to as “at par”) of each series of AMPS, together with accrued and unpaid dividends, if any, as of the redemption date. Each fund’s Board of Trustees has authorized separate third-party debt facilities and
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