Quarterly Conference Call on Pioneer Floating Rate Trust (NYSE: PHD) Scheduled For...

Quarterly Conference Call on Pioneer Floating Rate Trust (NYSE: PHD) Scheduled For Monday, November 3, 2008 at 4:00 PM EST

BOSTON--(Business Wire)--
Pioneer Investments today announced that it will hold a conference
call regarding Pioneer Floating Rate Trust (NYSE: PHD). Managers from
Highland Capital Management L.P. will be on the call to discuss the
leveraged loan market and the recent performance of PHD. The
conference call will be open to the public.

The call will be held on Monday, November 3, 2008 at 4:00 PM EST,
and can be accessed by calling (888) 584-3271. Conference ID #
67543563. The call will be available on replay for seven days
following the call at (800) 642-1687. Conference ID # 67543563. A
transcript will be posted to pioneerinvestments.com.

Pioneer Investment Management, Inc., the investment advisor for
these funds, is part of Pioneer Investment Management USA Inc., the
U.S. subsidiary of Pioneer Global Asset Management S.p.A.

-0-
*T
Shareholder Inquiries: Please contact your financial advisor
or visit pioneerinvestments.com

Broker/Advisor Inquiries Please
Contact: 800-622-9876

Media Inquiries Please Contact: Corporate Communications
(617) 422-4727
*T

Closed-end funds, unlike open-end funds, are not continuously
offered. There is a one-time public offering and once issued, shares
of closed-end funds are sold in the open market through a stock
exchange and frequently trade at prices lower than their net asset
value. Net asset value (NAV) is total assets less total liabilities
divided by the number of common shares outstanding.

Please consider the fund's investment objectives, risks, charges
and expenses carefully before investing. The prospectus contains this
and other information about the fund and should be read carefully
before you invest or send money. To obtain a prospectus and for other
information on Pioneer funds, contact your advisor or visit our web
site: pioneerinvestments.com.

Pioneer Funds Distributor, Inc., Member SIPC

(C)2008 Pioneer Investment Management, Inc. 60 State Street
Boston, MA 02109

Member of the UniCredit Banking Group, Register of Banking Groups

Shareholder Inquiries:
Please contact your financial advisor or visit
pioneerinvestments.com
or
Broker/Advisor Inquiries Please Contact:
800-622-9876
or
Media Inquiries Please Contact:
Geoff Smith, 617-422-4727
Corporate Communications

Copyright Business Wire 2008