Pioneer Diversified High Income:HNW

    Manage Alerts

    Overview

    As of 9/25/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$13.26$14.27-7.07%
    52 Wk Avg$13.26$14.75-10.32%
    52 Wk High$15.43$16.62-5.89%
    52 Wk Low$9.05$11.28-21.31%
    Regular Distribution TypeIncome Only
    Distribution Rate9.28%
    Distribution Amount$0.1025
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund aims to provide its common shareholders with a high level of current income. To achieve its goals the fund will allocate its resources in the following fixed income sectors: 1. Below investment grade debt securities and the preferred stocks of US and non US issuers 2. Floating rate loans 3. Insurance Linked Securities (also known as catastrophe bonds) These investments will involve significant risks as the fund will invest at least 80% of its managed assets in high yield debt securitisation, loans and preferred stocks. However, by investing in catastrophe bonds, the fund will hold a diversified portfolio and expose investors to an asset class that promises high reward; one in which they may not have had exposure to before.

    Capital Structure

    As of 9/25/2020

    Total Investment Exposure:$163.909M
    Total Common Assets:$118.909M
    Common Shares Outstanding:8,332,790
    Leverage

    As of 9/25/2020

    Preferred Share Assets:
    Total Debt (USD): $45.000M
    Regulatory Leverage (USD): $45.000M
    Effective Leverage (USD): $45.000M
    Effective Leverage (%): 27.45%
    Annual Expense Ratios

    As of 4/30/2020

      Per Common Share
    Management Fees1.24%
    Other Expenses:1.52%
    Baseline Expense: N/A
    Interest Expense:1.35%
    Total: 0.00%
    Fund Management

    Fund Sponsor
    Pioneer Advisors, LLC

    Portfolio Managers
    Jonathan Sharkey, Charles Melchreit, Andrew Feltus

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: HNW
    NAV Ticker: XHNWX
    Average Daily Volume (shares): 19,128
    Average Daily Volume (USD): $0.248M
    Inception Date: 5/30/2007
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: April 30
    Third Party Links & Reports

    Distributions

    As of 9/25/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2020
    $0.6052
    Annualized Distribution Rate on NAV:
    As of 9/25/2020
    8.62%
    Total Return on NAV (12 months):
    As of 9/25/2020
    -1.48%
    Avg. Portfolio Coupon:
    As of 9/25/2020
    6.96%
    Total % Portfolio Effectively Leveraged:
    As of 9/25/2020
    27.45%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/25/2020

    PeriodAvg Discount
    6 Month-11.78%
    1 Year-10.32%
    3 Year-11.44%
    5 Year-9.96%
    Z-Score

    As of 9/25/2020

    PeriodZStat
    3 Month1.10
    6 Month1.73
    1 Year1.11
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2020
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-3.47%-5.65%-7.65%-3.50%
    201923.88%13.36%21.79%13.91%
    2018-10.11%-4.74%-5.54%-2.01%
    20176.01%8.04%9.77%9.23%
    201619.05%16.08%19.94%16.22%
    2015-9.31%-3.04%-4.93%-4.43%
    2014-4.59%0.74%2.04%2.36%
    201314.51%10.74%2.61%9.80%
    201216.54%19.13%16.41%20.47%
    20114.99%-0.14%11.14%4.54%
    201025.63%19.72%19.84%18.51%
    200972.39%65.48%72.15%54.64%
    2008-30.59%-33.73%-39.79%-40.39%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2020
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/25/2020
    6.96%
    Average Maturity:
    As of 7/31/2020
    8.69 yrs
    Number of Holdings:
    As of 7/31/2020
    415
    Annual Portfolio Turnover:
    As of 4/30/2020
    52.00%
    Average Bond Price:
    As of 7/31/2020
    $102.54
    Asset Allocation

    As of 7/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)86.01%
    Corporate Bond71.66%
    Bank Loan9.55%
    Securitized (Super Sector)7.47%
    Government Commercial Mortgage Backed4.64%
    Convertible4.20%
    Government (Super Sector)2.21%
    Government1.75%
    Asset Backed1.58%
    Agency Mortgage Backed0.79%
    Top Holdings

    As of 7/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Liberty Mutual Insurance Company 7.7%$7.85M4.92%
    Hercules Incorporated 6.5%$2.06M1.29%
    Prime Securities Services Borrower, LLC and Prime Finance, Inc. 6.25%$1.92M1.21%
    MDC Partners Inc. 6.5%$1.73M1.08%
    GW B-Credit Security Corporation 9.5%$1.68M1.05%
    Scientific Games International, Inc. 8.25%$1.63M1.02%
    Edreams Odigeo 5.5%$1.60M1.00%
    BNP Paribas 6.62%$1.55M0.97%
    Indigo Natural Resources LLC 6.88%$1.52M0.95%
    The Williams Companies, Inc. 5.75%$1.44M0.90%
    Maturity Breakdown

    As of 7/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 7/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income53.55%
    Others - Fixed Income9.57%
    Canada - Fixed Income6.07%
    Mexico - Fixed Income1.96%
    United Kingdom - Fixed Income1.91%
    Italy - Fixed Income1.14%
    France - Fixed Income1.03%
    Argentina - Fixed Income1.01%
    Chile - Fixed Income0.88%
    Brazil - Fixed Income0.54%
    Ireland - Fixed Income0.50%
    Australia - Fixed Income0.45%
    Lithuania - Fixed Income0.44%
    Greece - Fixed Income0.42%
    China - Fixed Income0.41%
    Portugal - Fixed Income0.36%
    United States - Equity0.32%
    Israel - Fixed Income0.30%
    Netherlands - Fixed Income0.26%
    Singapore - Fixed Income0.16%
    Russia - Fixed Income0.13%
    Germany - Fixed Income0.13%
    Spain - Fixed Income0.12%
    Mexico - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W