Pioneer Investment Management, Inc., a prominent asset management firm, has successfully launched and manages Pioneer Floating Rate Fund, Inc., a closed-ended fixed income mutual fund. The fund focuses on the fixed income markets of the United States and primarily invests in senior secured floating-rate loans. Its portfolio performance is measured against the performance of the well-established Barclays U.S. High Yield Loans Index. The fund has been in operation since October 6, 2004 and is located within the United States.