Closed-end management investment company that seeks high current income by investing in a diversified portfolio of high-yield and other income-producing securities.
Pioneer Diversified High Income Fund, Inc. operates as a closed-ended fixed income mutual fund, overseen and managed by Pioneer Investment Management, Inc. Established on January 30, 2007, the fund is domiciled in the United States and specializes in investments within the global fixed income markets. Its primary objective is to generate income by investing in a diversified portfolio of higher yielding asset classes, which include high yield bonds, leveraged bank loans, and event-linked bonds.
To achieve its investment goals, Pioneer Diversified High Income Fund employs a strategic approach that blends fundamental and quantitative analysis. This methodology is geared towards identifying opportunities across various sectors and regions, aiming to optimize returns while managing risks effectively. The fund benchmarks its performance against a composite index, comprising 50% Bank of America Merrill Lynch Global High Yield, Emerging Markets Plus Index, and 50% Credit Suisse Leveraged Loan Index, providing investors with a clear metric for evaluating its relative performance.
In line with its investment strategy, Pioneer Diversified High Income Fund targets assets that offer attractive yields, reflecting its commitment to delivering competitive returns to shareholders over the long term. As part of Pioneer Investment Management's portfolio of funds, the fund benefits from the expertise and resources of a renowned investment management firm, ensuring rigorous oversight and adherence to disciplined investment principles in pursuit of its objectives.