Pioneer Municipal High Income Advantage Fund, Inc. Overview
Pro stress-test →Pioneer Municipal High Income Advantage Fund, Inc. was a diversified closed-end management investment company that sought a high level of current income exempt from regular federal income tax through investment in municipal securities. The fund has entered formal liquidation, with stockholders approving the Plan of Liquidation and Dissolution on July 17, 2025.
Strategic Profile
Pro stress-test →The fund invested substantially all of its assets in municipal debt securities, including both investment-grade and below-grade municipal securities with a broad range of maturities. The fund ceased trading on the NYSE prior to August 25, 2025.
Competitive Landscape
Pro stress-test →The fund competed in the municipal bond market against benchmark indices including the Bloomberg Municipal Bond Index and Bloomberg U.S. Municipal High Yield Bond Index, but underperformed significantly across all measured periods. Competitors in the closed-end municipal bond fund space include other muni-focused CEFs managed by major asset managers.
Industry Context
Pioneer Municipal High Income Advantage Fund, Inc. operates in Municipal bond closed-end funds.
Key facts
Headquarters: Boston, US · Employees: N/A · Revenue: N/A · Market cap: N/A