Action Pioneer Diversified High (HNW)

Pioneer Diversified High Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to seek a high level of current income, and its secondary objective seeks capital appreciation. The Fund invests in below-investment grade debt securities, floating rate loans and insurance-linked securities. The Fund may invest in securities and other obligations of any credit quality, including those that are rated below investment grade, or are unrated but are determined by the Adviser to be of equivalent credit quality. The Fund may invest in securities of issuers that are in default or that are in bankruptcy. Investing in foreign and/or emerging markets securities involves risks relating to interest rates, currency exchange rates, economic, and political conditions. The Fund may invest a significant amount of its total assets in illiquid securities. Victory Capital Management Inc. serves as the investment adviser of the Fund.