Pioneer Investment Management, Inc. announced today that the annual shareholder meetings for Pioneer Diversified High Income Trust (NYSE Amex: HNW), Pioneer Floating Rate Trust (NYSE: PHD), Pioneer High Income Trust (NYSE: PHT), Pioneer Municipal High Income Trust (NYSE: MHI), and Pioneer Municipal High Income Advantage Trust (NYSE: MAV) will be held on September 22, 2009. With respect to each fund, shareholders of record as of the close of business on July 9, 2009, will be entitled to vote at the meeting. The agenda includes the election of trustees and consideration of an amended and restated management agreement with Pioneer Investment Management, Inc. Further information regarding these proposals will be included in the funds’ proxy materials for the 2009 annual shareholder meetings.

These funds are closed-end investment companies. Pioneer Investment Management, Inc. is each fund’s investment adviser.

Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, common shares of closed-end funds are bought and sold in the open market through a stock exchange and frequently trade at prices lower than their net asset value. Net asset value (NAV) is total assets less total liabilities divided by the number of common shares outstanding.

©2009 Pioneer Investment Management, Inc. 60 State Street Boston, MA 02109Member of the UniCredit Group, Register of Banking Groups

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