Pioneer Closed-End Funds Announce Board Approval of Plan of Liquidation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
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Source: Newsfilter
Liquidation Announcement: The Boards of several Pioneer Funds have approved a plan for liquidation, which will be submitted to stockholders for approval at a Special Meeting. They recommend that stockholders vote in favor of the liquidation.
Investment Advisory Changes: Following a merger involving Amundi Asset Management and Victory Capital, the Funds entered into an interim investment advisory agreement with Victory Capital after failing to secure enough votes for a new advisory agreement prior to the merger's closing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
