Pioneer Floating Rate Fund, Inc. Required Notice to Shareholders Distribution Sources under Section 19 (a)

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BOSTON–(COMMERCIAL THREAD) – Pioneer Floating Rate Fund, Inc. (NYSE: PHD) today announced distribution sources for July of this fiscal year to date.

Broadcast period

July 2021

Distribution amount per share

$ 0.0625

The following table presents estimates of the nature of the current distribution and cumulative distributions paid during the year to date from the following sources: Net investment income; net capital gains realized in the short term; Long-term net capital gains or return of capital. All amounts are expressed per common share.

Percentage

Makeup

Total

Total

Percentage

Accumulation

Accumulation

Makeup

Division

Division

Running

Running

Fiscal year

Fiscal year

Distribution

Distribution

nowadays

nowadays

Net investment income

$ 0.0610

97.6%

$ 0.4928

98.6%

Short-term net realized capital gains

$ 0.0000

0.0%

$ 0.0000

0.0%

Long-term net realized capital gains

$ 0.0000

0.0%

$ 0.0000

0.0%

Repayment of capital

$ 0.0015

2.4%

$ 0.0072

1.4%

Total per common share

$ 0.0625

100.0%

$ 0.5000

100.0%

To note

Investors do not necessarily need to draw conclusions about the fund’s investment performance from the amount of this distribution.

The fund believes that part of the distribution does not represent income or realized capital gains. Therefore, this part of the distribution may be a return of capital. A return of capital can occur when some or all of the money invested in the fund is returned to the investor. A return of capital distribution does not necessarily reflect the performance of the fund’s investments and should not be considered a “return” or “income”.

The amounts and sources of distributions declared in the notice are estimates only and are not provided for tax reporting purposes. Actual amounts and sources for tax reporting purposes will depend on the fund’s investment experience during the remainder of its fiscal year and may be subject to change depending on tax regulations. The fund will provide investors with a 1099 form (s) for the calendar year that explains how to report these distributions for federal income tax purposes.

Pioneer Floating Rate Fund, Inc. is a closed-end investment company listed on the New York Stock Exchange (NYSE) under the symbol PHD.

Keep in mind that distribution rates are not guaranteed. The distribution rate of a fund can be affected by many factors, including changes in actual or projected investment income, the level of net undistributed investment income, if any, and other factors. Closed funds, unlike open funds, are not offered on a continuous basis. Once issued, common shares of closed-end funds are bought and sold in the open market through an exchange and frequently trade at prices below their net asset value. The net asset value (NAV) is the total assets minus the total liabilities divided by the number of common shares outstanding. For data on the performance of Amundi US closed-end funds, please call 800-225-6292 or visit our firm price page.

About Amundi France

Amundi US is the American business of Amundi, the largest asset manager in Europe in terms of assets under management and ranked among the ten largest in the world.[1]. Boston is one of Amundi’s six major global investment hubs[2] and offers a wide range of bond, equity and multi-asset investment solutions in close partnership with wealth management companies, distribution platforms and institutional investors in the Americas, Europe and Asia-Pacific.

With its financial and extra-financial research capabilities and its long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 4,800 employees in more than 35 countries. A subsidiary of Crédit Agricole Group and listed on the Paris Stock Exchange, Amundi currently manages around $ 2.06 trillion in assets.[3].

Amundi, Trusted Partner, working daily in the interest of our clients and society

www.amundi.com/us

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1. Source: IPE “Top 500 Asset Managers” published in June 2020, based on assets under management as of 12/31/2019

2. Boston, Dublin, London, Milan, Paris and Tokyo

3. Amundi data at 03/31/21

Amundi US Distributor, Inc., SIPC Member

(Formerly Amundi Pioneer Distributor, Inc.)

60 State Street, Boston, MA 02109

© 2021 Amundi Asset Management US, Inc.



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