Pioneer Diversified High Income:HNW

    Manage Alerts


    As of 6/11/2021

    52 Wk Avg$13.92$15.01-7.41%
    52 Wk High$15.22$15.85-3.08%
    52 Wk Low$11.89$13.79-14.49%
    Regular Distribution TypeIncome Only
    Distribution Rate8.70%
    Distribution Amount$0.1100
    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 6/11/2021

    Total Investment Exposure:$185.075M
    Total Common Assets:$132.075M
    Common Shares Outstanding:8,332,790

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $53.000M
    Regulatory Leverage (USD): $53.000M
    Effective Leverage (USD): $53.000M
    Effective Leverage (%): 28.64%
    Annual Expense Ratios

    As of 4/30/2021

      Per Common Share
    Management Fees1.24%
    Other Expenses:0.29%
    Baseline Expense: N/A
    Interest Expense:1.35%
    Total: 2.88%
    Fund Management

    Fund Sponsor
    Pioneer Advisors, LLC

    Portfolio Managers
    Jonathan Sharkey, Charles Melchreit, Andrew Feltus

    Category: Fixed Income - Taxable-High Yield
    Ticker: HNW
    NAV Ticker: XHNWX
    Average Daily Volume (shares): 28,084
    Average Daily Volume (USD): $0.401M
    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


    As of 6/11/2021

    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 10/31/2020
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    Total Return on NAV (12 months):
    As of 6/11/2021
    Avg. Portfolio Coupon:
    As of 6/11/2021
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021

    Pricing Information

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

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-5.01%
    1 Year-7.41%
    3 Year-10.37%
    5 Year-9.47%

    As of 6/11/2021

    3 Month0.50
    6 Month0.83
    1 Year0.96
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 5/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    Average Maturity:
    As of 4/30/2021
    7.04 yrs
    Number of Holdings:
    As of 4/30/2021
    Annual Portfolio Turnover:
    As of 4/30/2021
    Average Bond Price:
    As of 4/30/2021
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Corporate (Super Sector)81.11%
    Corporate Bond70.10%
    Securitized (Super Sector)8.29%
    Government Commercial Mortgage Backed6.41%
    Bank Loan5.56%
    Government (Super Sector)2.24%
    Cash Equivalents (Super Sector)1.88%
    Cash Equivalents1.88%
    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Liberty Mutual Insurance Company 7.7%$7.07M3.68%
    Pegasus Have Tasimaciligi As 9.25%$1.95M1.02%
    Hercules Incorporated 6.5%$1.94M1.01%
    Edreams Odigeo 5.5%$1.88M0.98%
    MDC Partners Inc. 7.5%$1.80M0.94%
    Scientific Games International, Inc. 8.25%$1.72M0.90%
    GW B-Credit Security Corporation 9.5%$1.66M0.86%
    BNP Paribas 6.62%$1.61M0.84%
    Powerteam Services LLC 9.03%$1.59M0.83%
    Atento Luxco 1 S.A. 8%$1.53M0.80%
    Maturity Breakdown

    As of 4/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income49.88%
    Others - Fixed Income8.56%
    Canada - Fixed Income4.73%
    Mexico - Fixed Income3.37%
    United Kingdom - Fixed Income2.11%
    Brazil - Fixed Income1.54%
    Italy - Fixed Income1.44%
    Turkey - Fixed Income1.31%
    France - Fixed Income0.85%
    Chile - Fixed Income0.77%
    Colombia - Fixed Income0.61%
    Argentina - Fixed Income0.57%
    China - Fixed Income0.56%
    Singapore - Fixed Income0.56%
    Portugal - Fixed Income0.54%
    Lithuania - Fixed Income0.52%
    United States - Equity0.47%
    Germany - Fixed Income0.45%
    Australia - Fixed Income0.38%
    Spain - Fixed Income0.38%
    Greece - Fixed Income0.37%
    Peru - Fixed Income0.37%
    Israel - Fixed Income0.26%
    Netherlands - Fixed Income0.21%
    Russia - Fixed Income0.11%
    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.


    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.