NPORT-EX 2 AAPI070AMU013124.htm
Pioneer Municipal High Income Fund, Inc.
 
Ticker Symbol: MHI

Schedule of Investments  |  1/31/24
(unaudited) 
Principal
Amount
USD ($)
          Value
  UNAFFILIATED ISSUERS — 142.1%  
  Municipal Bonds — 137.3% of Net Assets(a)  
  Arizona — 0.9%  
2,220,000 Industrial Development Authority of the City of Phoenix, 3rd & Indian School Assisted Living Project, 5.40%, 10/1/36 $  2,026,039
  Total Arizona   $2,026,039
  Arkansas — 6.0%  
13,700,000 Arkansas Development Finance Authority, Green Bond, 5.45%, 9/1/52 $ 13,814,669
  Total Arkansas  $13,814,669
  California — 11.1%  
2,500,000 Bay Area Toll Authority, Series F-2, 2.60%, 4/1/56 $  1,709,400
530,000 California County Tobacco Securitization Agency, Series B-1, 5.00%, 6/1/49      531,590
10,000,000(b) California County Tobacco Securitization Agency, Capital Appreciation, Stanislaus County, Subordinated, Series A, 6/1/46   2,663,200
1,400,000 California Statewide Communities Development Authority, Lancer Plaza Project, 5.625%, 11/1/33   1,401,750
2,000,000 California Statewide Communities Development Authority, Loma Linda University Medical Center, 5.50%, 12/1/58 (144A)   2,029,040
10,235,000 City of Oroville, Oroville Hospital, 5.25%, 4/1/49   6,813,030
8,690,000 City of Oroville, Oroville Hospital, 5.25%, 4/1/54   5,939,181
4,000,000 San Diego County Regional Airport Authority, Series B, 5.25%, 7/1/58   4,278,360
  Total California  $25,365,551
  Colorado — 4.5%  
1,000,000 Aerotropolis Regional Transportation Authority, 4.375%, 12/1/52 $    821,950
2,000,000 City & County of Denver, Airport System Revenue, Series B, 5.25%, 11/15/53   2,203,240
7,250,000 Dominion Water & Sanitation District, 5.875%, 12/1/52   7,262,470
  Total Colorado  $10,287,660
  Connecticut — 1.5%  
3,380,000 Mohegan Tribal Finance Authority, 7.00%, 2/1/45 (144A) $  3,388,011
  Total Connecticut   $3,388,011
1Pioneer Municipal High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  District of Columbia — 3.7%  
5,825,000 District of Columbia Tobacco Settlement Financing Corp., Asset-Backed, 6.75%, 5/15/40 $  6,043,263
10,000,000(b) District of Columbia Tobacco Settlement Financing Corp., Capital Appreciation, Asset-Backed, Series A, 6/15/46   2,433,300
  Total District of Columbia   $8,476,563
  Florida — 3.6%  
3,220,000 City of Tampa, Hospital Revenue Bonds (H. Lee Moffit Cancer Center Project), Series B, 4.00%, 7/1/45 $  3,110,617
5,000,000 County of Miami-Dade, Water & Sewer System Revenue, Series A, 4.00%, 10/1/44   5,009,700
  Total Florida   $8,120,317
  Georgia — 6.4%  
3,010,000 Brookhaven Development Authority, Children's Healthcare of Atlanta, Inc., Series A, 4.00%, 7/1/49 $  2,906,305
10,000,000 Brookhaven Development Authority, Children's Healthcare Of Atlanta, Inc., Series A, 4.00%, 7/1/44   9,931,200
2,500,000 County of Fulton Water & Sewerage Revenue, Series A, 2.25%, 1/1/42   1,827,050
  Total Georgia  $14,664,555
  Idaho — 2.2%  
5,000,000 Power County Industrial Development Corp., FMC Corp. Project, 6.45%, 8/1/32 $  5,017,150
  Total Idaho   $5,017,150
  Illinois — 6.5%  
2,000,000(c) Chicago Board of Education, Series A, 5.00%, 12/1/47 $  2,053,500
2,000,000(c) Chicago Board of Education, Series H, 5.00%, 12/1/46   2,002,180
704,519(b) Illinois Finance Authority, Cabs Clare Oaks Project, Series B-1, 11/15/52       42,271
1,116,010(d)(e) Illinois Finance Authority, Clare Oaks Project, Series A-3, 4.00%, 11/15/52      725,407
3,500,000 Illinois Finance Authority, The Admiral at the Lake Project, 5.25%, 5/15/42   2,819,985
4,000,000 Illinois Finance Authority, The Admiral at the Lake Project, 5.50%, 5/15/54   3,019,880
915,000 Illinois Housing Development Authority, Series B, 2.15%, 10/1/41 (GNMA FNMA FHLMC COLL Insured)      668,938
2,000,000 Metropolitan Pier & Exposition Authority, McCormick Place Expansion, 4.00%, 6/15/50   1,855,220
Pioneer Municipal High Income Fund, Inc. | 1/31/242

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Illinois — (continued)  
1,205,000 Metropolitan Pier & Exposition Authority, McCormick Place Expansion, 5.00%, 6/15/57 $  1,213,543
695,000(d) Southwestern Illinois Development Authority, Village of Sauget Project, 5.625%, 11/1/26     521,250
  Total Illinois  $14,922,174
  Indiana — 1.8%  
2,000,000 City of Evansville, Silver Birch Evansville Project, 5.45%, 1/1/38 $  1,767,420
1,500,000 City of Mishawaka, Silver Birch Mishawaka Project, 5.375%, 1/1/38 (144A)   1,307,835
1,000,000 Indiana Finance Authority, Multipurpose Educational Facilities, Avondale Meadows Academy Project, 5.375%, 7/1/47     981,000
  Total Indiana   $4,056,255
  Iowa — 4.1%  
9,675,000 Iowa Finance Authority, Alcoa Inc. Projects, 4.75%, 8/1/42 $  9,410,485
  Total Iowa   $9,410,485
  Maine — 1.2%  
3,000,000 Maine Health & Higher Educational Facilities Authority, Series A, 4.00%, 7/1/50 $  2,809,350
  Total Maine   $2,809,350
  Maryland — 1.5%  
3,000,000 Maryland State Transportation Authority, Series A, 3.00%, 7/1/47 $  2,372,730
1,250,000 Washington Suburban Sanitary Commission, 3.00%, 6/1/47 (CNTY GTD Insured)   1,032,025
  Total Maryland   $3,404,755
  Massachusetts — 10.3%  
4,000,000(c) Commonwealth of Massachusetts, Series C, 3.00%, 3/1/49 $  3,159,600
2,500,000 Massachusetts Development Finance Agency, Series A, 5.00%, 7/1/44   2,460,525
3,000,000 Massachusetts Development Finance Agency, Lowell General Hospital, Series G, 5.00%, 7/1/44   2,965,920
1,000,000 Massachusetts Development Finance Agency, Partner’s Healthcare System, 4.00%, 7/1/41      991,810
7,100,000 Massachusetts Development Finance Agency, WGBH Educational Foundation, Series A, 5.75%, 1/1/42 (AMBAC Insured)   9,178,525
3Pioneer Municipal High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Massachusetts — (continued)  
1,000,000 Massachusetts Housing Finance Agency, Sustainability Bond, Series B-1, 2.875%, 12/1/51 $    717,500
2,800,000(c) Town of Arlington, 2.00%, 9/15/41   1,974,476
2,270,000(c) Town of Millbury, 4.00%, 8/15/51   2,192,025
  Total Massachusetts  $23,640,381
  Michigan — 0.4%  
990,000 David Ellis Academy-West, 5.25%, 6/1/45 $    928,531
  Total Michigan     $928,531
  Minnesota — 0.9%  
1,000,000 City of Ham Lake, DaVinci Academy, Series A, 5.00%, 7/1/47 $    941,980
1,000,000 City of Rochester, Health Care Facilities, Mayo Clinic, 4.00%, 11/15/48     992,400
  Total Minnesota   $1,934,380
  Montana — 0.0%  
1,600,000(d) Two Rivers Authority, 7.375%, 11/1/27 $     80,000
  Total Montana      $80,000
  New Hampshire — 2.9%  
6,000,000 New Hampshire Health and Education Facilities Authority Act, Series A, 5.00%, 8/1/59 $  6,435,480
375,000 New Hampshire Health and Education Facilities Authority Act, Catholic Medical Centre, 3.75%, 7/1/40     292,567
  Total New Hampshire   $6,728,047
  New Jersey — 1.7%  
2,200,000 New Jersey Economic Development Authority, Continental Airlines, 5.75%, 9/15/27 $  2,205,148
1,000,000 New Jersey Economic Development Authority, Marion P. Thomas Charter School, Inc., Project, Series A, 5.375%, 10/1/50 (144A)      930,200
1,000,000 New Jersey Infrastructure Bank, Green Bond, 2.00%, 9/1/41     719,780
  Total New Jersey   $3,855,128
  New Mexico — 1.2%  
2,960,000(e) County of Otero, Otero County Jail Project, Certificate Participation, 9.00%, 4/1/28 $  2,812,000
  Total New Mexico   $2,812,000
Pioneer Municipal High Income Fund, Inc. | 1/31/244

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  New York — 19.1%  
2,000,000 Erie Tobacco Asset Securitization Corp., Asset-Backed, Series A, 5.00%, 6/1/45 $  1,836,520
6,175,000 Metropolitan Transportation Authority, Green Bond, Series C-1, 4.75%, 11/15/45   6,335,982
2,000,000 Metropolitan Transportation Authority, Green Bond, Series C-1, 5.25%, 11/15/55   2,091,440
2,000,000 Metropolitan Transportation Authority, Green Bond, Series D-2, 4.00%, 11/15/48   1,884,680
3,000,000 Metropolitan Transportation Authority, Green Bond, Series E, 4.00%, 11/15/45   2,866,680
2,500,000 New York Counties Tobacco Trust IV, Settlement pass through, Series A, 5.00%, 6/1/45   2,325,150
2,500,000 New York State Dormitory Authority, Group 3, Series A, 3.00%, 3/15/41   2,224,450
2,000,000 New York State Housing Finance Agency, Sustainability Bonds, Series D-1, 4.20%, 11/1/52 (SONYMA FHA 542c Insured)   1,937,600
3,000,000 New York State Urban Development Corp., Group 3, Series A, 3.00%, 3/15/49   2,416,350
2,500,000 New York Transportation Development Corp., Series A, 5.25%, 1/1/50   2,503,775
11,330,000 New York Transportation Development Corp., Delta Airlines Inc-LaGuardia, 5.00%, 10/1/40  11,614,836
1,750,000 New York Transportation Development Corp., Green Bond, 5.375%, 6/30/60   1,829,993
1,000,000 Troy Capital Resource Corp., 4.00%, 9/1/40      974,280
2,148,177 Westchester County Healthcare Corp., Series A, 5.00%, 11/1/44   2,152,280
1,000,000 Westchester County Local Development Corp., Purchase Senior Learning Community, 4.50%, 7/1/56 (144A)     765,680
  Total New York  $43,759,696
  Ohio — 8.2%  
17,275,000 Buckeye Tobacco Settlement Financing Authority, Senior Class 2, Series B-2, 5.00%, 6/1/55 $ 16,265,622
1,000,000 Ohio Housing Finance Agency, Sanctuary Springboro Project, 5.45%, 1/1/38 (144A)      841,580
1,540,000 State of Ohio, 5.00%, 12/31/39   1,552,366
  Total Ohio  $18,659,568
5Pioneer Municipal High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Oregon — 1.7%  
5,000,000 Oregon Health & Science University, Green Bond, Series A, 3.00%, 7/1/51 $  3,819,950
  Total Oregon   $3,819,950
  Pennsylvania — 6.8%  
5,000,000 Montgomery County Higher Education and Health Authority, Thomas Jefferson University, Series B, 4.00%, 5/1/52 $  4,531,450
3,500,000 Montgomery County Higher Education and Health Authority, Thomas Jefferson University, Series B, 5.00%, 5/1/57   3,651,095
4,335,000 Pennsylvania Higher Educational Facilities Authority, University of Pennsylvania, 4.00%, 8/15/49   4,199,922
2,000,000 Pennsylvania Housing Finance Agency, Series 134A, 2.05%, 4/1/41   1,386,120
500,000 Philadelphia Authority for Industrial Development, 5.50%, 6/1/49 (144A)      473,120
1,000,000 Philadelphia Authority for Industrial Development, Global Leadership Academy Charter School Project, Series A, 5.00%, 11/15/50      910,120
460,000 Philadelphia Authority for Industrial Development, Greater Philadelphia Health Action, Inc., Project, Series A, 6.625%, 6/1/50     453,348
  Total Pennsylvania  $15,605,175
  Puerto Rico — 13.9%  
5,267,777(c) Commonwealth of Puerto Rico, Restructured Series A1, 4.00%, 7/1/41 $  4,767,338
3,000,000(c) Commonwealth of Puerto Rico, Restructured Series A1, 4.00%, 7/1/46   2,661,240
2,000,000 Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A, 5.00%, 7/1/37 (144A)   2,038,500
11,500,000 Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A, 5.00%, 7/1/47 (144A)  11,385,000
5,740,000 Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series B, 5.00%, 7/1/37 (144A)   5,846,592
1,000,000 Puerto Rico Electric Power Authority, Series AAA, 5.25%, 7/1/21      245,000
2,500,000 Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-1, 5.00%, 7/1/58   2,496,875
2,500,000 Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-2, 4.784%, 7/1/58   2,443,750
  Total Puerto Rico  $31,884,295
Pioneer Municipal High Income Fund, Inc. | 1/31/246

Schedule of Investments  |  1/31/24
(unaudited) (continued)
Principal
Amount
USD ($)
          Value
  Rhode Island — 1.0%  
5,900,000(d) Central Falls Detention Facility Corp., 7.25%, 7/15/35 $  2,360,000
  Total Rhode Island   $2,360,000
  South Carolina — 1.3%  
2,850,000 City of Charleston Waterworks & Sewer System Revenue, 4.00%, 1/1/49 $  2,872,971
  Total South Carolina   $2,872,971
  Texas — 4.7%  
500,000 Arlington Higher Education Finance Corp., 5.45%, 3/1/49 (144A) $    527,380
1,000,000 Arlington Higher Education Finance Corp., Universal Academy, Series A, 7.00%, 3/1/34   1,001,820
8,000,000 City of Houston Airport System Revenue, 4.00%, 7/15/41   7,224,800
945,656 Multifamily Tax-Exempt Mortgage-Backed Bonds, Series 2020-HOLL, 2.30%, 7/1/37 (FNMA HUD SECT 8 Insured)      753,385
3,960,000(d) Sanger Industrial Development Corp., Texas Pellets Project, Series B, 8.00%, 7/1/38      975,150
350,000 Texas Municipal Gas Acquisition & Supply Corp. III, 5.00%, 12/15/31     373,709
  Total Texas  $10,856,244
  Virginia — 7.2%  
2,500,000(c) City of Alexandria, Series A, 3.00%, 7/15/46 (ST AID WITHHLDG Insured) $  2,015,800
1,000,000 City of Richmond Public Utility Revenue, Series A, 3.00%, 1/15/45      824,870
2,000,000 Virginia Small Business Financing Authority, Senior Lien, 5.00%, 12/31/42   2,103,740
1,000,000 Virginia Small Business Financing Authority, Senior Lien, 5.00%, 12/31/47   1,005,690
1,000,000 Virginia Small Business Financing Authority, Senior Lien 95 Express Lanes LLC Project, 4.00%, 1/1/48      912,130
3,500,000 Virginia Small Business Financing Authority, Transform 66-P3 Project, 5.00%, 12/31/49   3,513,580
6,100,000 Virginia Small Business Financing Authority, Transform 66-P3 Project, 5.00%, 12/31/56   6,111,346
  Total Virginia  $16,487,156
7Pioneer Municipal High Income Fund, Inc. | 1/31/24

Principal
Amount
USD ($)
          Value
  Wisconsin — 1.0%  
1,500,000 Public Finance Authority, Gardner Webb University, 5.00%, 7/1/31 (144A) $  1,580,430
750,000 Public Finance Authority, Roseman University Health Sciences Project, 5.875%, 4/1/45     752,040
  Total Wisconsin   $2,332,470
  Total Municipal Bonds
(Cost $329,426,575)
$314,379,526
  U.S. Government and Agency
Obligations — 4.8% of Net Assets
 
9,000,000(b) U.S. Treasury Bills, 2/20/24 $  8,975,005
2,000,000(b) U.S. Treasury Bills, 2/27/24   1,992,399
  Total U.S. Government and Agency Obligations
(Cost $10,967,349)
$10,967,404
  TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS — 142.1%
(Cost $340,393,924)
$325,346,930
  OTHER ASSETS AND LIABILITIES — (42.1)% $(96,391,841)
  net assets applicable to common stockholders — 100.0% $228,955,089
             
AMBAC Ambac Assurance Corporation.
CNTY GTD County Guaranteed.
COLL Collateral.
FHLMC Federal Home Loan Mortgage Corporation.
FNMA Federal National Mortgage Association.
FNMA HUD SECT 8 Federal National Mortgage Association U.S. Department of Housing and Urban Development Section 8.
GNMA Government National Mortgage Association.
SONYMA FHA 542c State of New York Mortgage Agency Federal Housing Administration Section 542c.
ST AID WITHHLDG State Aid Withholding.
Pioneer Municipal High Income Fund, Inc. | 1/31/248

Schedule of Investments  |  1/31/24
(unaudited) (continued)
(144A) The resale of such security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers. At January 31, 2024, the value of these securities amounted to $31,113,368, or 13.6% of net assets applicable to common stockholders.
(a) Consists of Revenue Bonds unless otherwise indicated.
(b) Security issued with a zero coupon. Income is recognized through accretion of discount.
(c) Represents a General Obligation Bond.
(d) Security is in default.
(e) The interest rate is subject to change periodically. The interest rate and/or reference index and spread shown at January 31, 2024.
Amount rounds to less than 0.1%.
The concentration of investments as a percentage of total investments by type of obligation/market sector is as follows:
Revenue Bonds:  
Health Revenue 24.5%
Development Revenue 22.3
Transportation Revenue 13.5
Water Revenue 11.5
Tobacco Revenue 9.9
Other Revenue 5.7
Education Revenue 4.2
Facilities Revenue 1.6
Utilities Revenue 0.2
Power Revenue 0.2
  93.6%
General Obligation Bonds: 6.4%
  100.0%
9Pioneer Municipal High Income Fund, Inc. | 1/31/24

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels below.
Level 1 unadjusted quoted prices in active markets for identical securities.
Level 2 other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
Level 3 significant unobservable inputs (including the Adviser's own assumptions in determining fair value of investments).
The following is a summary of the inputs used as of January 31, 2024 in valuing the Fund's investments:
  Level 1 Level 2 Level 3 Total
Municipal Bonds $— $314,379,526 $— $314,379,526
U.S. Government and Agency Obligations 10,967,404 10,967,404
Total Investments in Securities $$325,346,930 $$325,346,930
During the period ended January 31, 2024, there were no transfers in or out of Level 3.
Pioneer Municipal High Income Fund, Inc. | 1/31/2410