Pioneer Municipal High Income Fund, Inc. is a closed-end fixed income mutual fund focused on delivering a high level of current income exempt from regular federal income tax. Primarily, it invests in municipal securities issued by state and local governments within the United States, encompassing a wide range of credit ratings and maturities. By targeting the municipal bond sector, the fund aims to provide investors with a stream of tax-advantaged income, often of particular interest to those in higher tax brackets. As a secondary goal, it may pursue capital appreciation when consistent with its income objective. The fund benchmarks its portfolio performance against the Barclays Municipal Bond Index and the Barclays High Yield Municipal Bond Index, reflecting its emphasis on both investment-grade and high-yield municipal securities. Launched in 2003 and managed by experienced portfolio managers, Pioneer Municipal High Income Fund, Inc. holds a recognized position within the asset management industry, serving investors seeking diversified municipal bond exposure and tax-efficient income solutions.
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