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Pioneer High Income Fund, Inc. ( (PHT) ) has provided an update.
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 funds’ common stock. The removal of this article may impact the control dynamics and voting power within these funds, potentially affecting shareholder influence and fund governance.
More about Pioneer High Income Fund, Inc.
Average Trading Volume: 59,122
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