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The latest announcement is out from Pioneer High Income Fund, Inc. ( (PHT) ).
On May 6, 2025, the Board of Directors of several Pioneer funds, including Pioneer High Income Fund, Inc., amended their Bylaws to remove Article II, Section 13. This section previously subjected the funds to the Maryland Control Share Acquisition Act, which limited voting rights for individuals acquiring significant ownership of the fund’s common stock. The repeal of this section could impact shareholder control dynamics and voting power within the funds.
More about Pioneer High Income Fund, Inc.
Average Trading Volume: 59,122
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