Pioneer Municipal High Income Advantage Fund (MAV) Stock Price, News & Analysis

Company Overview

Pioneer Municipal High Income Advantage Fund (NYSE: MAV) is a closed-end management investment company that seeks to provide high current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of municipal securities, including general obligation and revenue bonds, with an emphasis on higher-yield (non-investment-grade) credits. To enhance income potential, the fund may use leverage through borrowings and preferred securities, aiming to boost distributable income while managing overall portfolio risk.

Managed by Amundi Pioneer Asset Management (formerly Pioneer Investments), MAV allocates across a broad spectrum of U.S. municipal issuers. The portfolio team evaluates credit quality, sector exposures and issuer fundamentals to construct a tax-advantaged, income-focused strategy. Geographic diversification across states and municipalities helps mitigate the impact of any single issuer or regional economic event.

Founded in the late 1980s, Pioneer Municipal High Income Advantage Fund is overseen by an independent board of trustees and a dedicated portfolio management group. The fund distributes monthly dividends, which can fluctuate based on changes in interest rates, leverage costs and underlying portfolio yields. MAV is designed for investors seeking a closed-end vehicle that offers tax-exempt income potential within a professionally managed municipal bond framework.

Key Stats

• Today's Range: $8.08 to $8.11
• 50-Day Range: $8.06 to $8.32
• 52-Week Range: $7.62 to $9.10
• Volume: 132,874 shs
• Average Volume: 69,943 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 1.98%
• Price Target: N/A
• Consensus Rating: N/A

MAV Stock Analysis - Frequently Asked Questions

How have MAV shares performed this year?

Pioneer Municipal High Income Advantage Fund's stock was trading at $8.43 on January 1st, 2025. Since then, MAV shares have decreased by 4.1% and is now trading at $8.0850.

Who are Pioneer Municipal High Income Advantage Fund's major shareholders?

Top institutional shareholders of Pioneer Municipal High Income Advantage Fund include Mackay Shields LLC, Guggenheim Capital LLC, City of London Investment Management Co. Ltd. and Icon Advisers Inc. Co..
View institutional ownership trends.

How do I buy shares of Pioneer Municipal High Income Advantage Fund?

Shares of MAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Pioneer Municipal High Income Advantage Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pioneer Municipal High Income Advantage Fund investors own include Sabine Royalty Trust (SBR), Energy Transfer (ET), M&T Bank (MTB), Virtus Convertible & Income Fund II (NCZ), NexPoint Strategic Opportunities Fund (NHF), AbbVie (ABBV) and Algonquin Power & Utilities (AQN).

Company Calendar

• Record date for 6/30 Dividend: 6/18/2025
• Ex-Dividend for 6/30 Dividend: 6/18/2025
• Dividend Payable: 6/30/2025
• Record date for 7/31 Dividend: 7/18/2025
• Ex-Dividend for 7/31 Dividend: 7/18/2025
• Dividend Payable: 7/31/2025
• Today: 9/14/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:MAV
• CIK: 1258943
• Web: N/A
• Phone: 617-422-4700
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $2.38 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A