-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CQAjXJp6S5IOFXklPnlGS9myeR+U5AGxw4BhV4Gz1EvDueoJjT5i3NcHIyDJjBys hnr8ktHG2ufoql42nf8bog== 0001411686-07-000118.txt : 20071227 0001411686-07-000118.hdr.sgml : 20071227 20071227171424 ACCESSION NUMBER: 0001411686-07-000118 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20071227 DATE AS OF CHANGE: 20071227 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER MUNICIPAL & EQUITY INCOME TRUST CENTRAL INDEX KEY: 0001267150 IRS NUMBER: 510492660 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81809 FILM NUMBER: 071329719 BUSINESS ADDRESS: STREET 1: 60 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617 742 7825 MAIL ADDRESS: STREET 1: 60 STATE STREET CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PIONEER TAX ADVANTAGED BALANCED TRUST DATE OF NAME CHANGE: 20031215 FORMER COMPANY: FORMER CONFORMED NAME: PIONEER TAX ADVANTAGED BALANCED FUND DATE OF NAME CHANGE: 20031017 FORMER COMPANY: FORMER CONFORMED NAME: PIONEER TAX ADVANTAGED BALANCED TRUST DATE OF NAME CHANGE: 20031015 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bulldog Investors General Partnership CENTRAL INDEX KEY: 0001364773 IRS NUMBER: 562585535 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 60 HERITAGE DRIVE CITY: PLEASANTVILLE STATE: NY ZIP: 10570 BUSINESS PHONE: 9147475262 MAIL ADDRESS: STREET 1: 60 HERITAGE DRIVE CITY: PLEASANTVILLE STATE: NY ZIP: 10570 SC 13D/A 1 form13da.htm SCHEDULE 13D/A FILED BY BULLDOG INVESTORS GENERAL PARTNERSHIP, ISSUER PIONEER MUNICIPAL AND EQUITY INCOME TRUST 12-27-2007 form13da.htm
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 6)

___________

Pioneer Municipal and Equity Income Trust
-------------------------------------------------------------------------------
(Name of Issuer)


Common Shares of Beneficial Interest, no par value
-------------------------------------------------------------------------------
(Title of Class of Securities)


723761102
----------------------------------------
(CUSIP Number)

Bulldog Investors General Partnership
Park 80 West, Plaza Two, Suite 750
Saddle Brook, NJ 07663
Tel. (201) 556-0092

With a copy to:

Stephen P. Wink, Esq.
Cahill/Wink LLP
5 Penn Plaza
23rd Floor
New York, NY 10001
(646) 378-2105
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


December 26, 2007
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(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  [  ]

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See ss. §240.13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
PAGE 1 OF 4

 

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CUSIP No.  723761102
--------------------------------------------------------
 
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1
Names of Reporting Persons
 
I.R.S. Identification Nos. of above persons (entities only)
 
 
Bulldog Investors General Partnership
 
56-2585535
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2
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
(a)  [   ]
 
(b)  [ X ]
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3
SEC Use Only
---------------------------------------------------------------------------------------------------------------------------------
4
Source of Funds (See Instructions)
 
 
WC
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5
Check if Disclosure of legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [   ]
   
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6
Citizenship or Place of Organization
   
 
New York
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Number of
7
Sole Voting Power                         5,002,565    
 
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Shares
 
Beneficially
8
Shared Voting Power                           0       
------------------------------------------------------------------------------------------------------------------------------------------------------------
Owned by
 
Each
 
9
Sole Dispositive Power                  5,002,565
------------------------------------------------------------------------------------------------------------------------------------------------------------
Reporting
 
Person With:
10
Shared Dispositive Power                    0
 
------------------------------------------------------------------------------------------------------------------------------------------------------------
11
Aggregate Amount Beneficially Owned by Each Reporting Person
 
 
5,002,565
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12
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [   ]
 
-------------------------------------------------------------------------------------------------------------------------------------------------------------
13
Percent of Class Represented by Amount in Row (11)
   
 
17.43%
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14
Type of Reporting Person (See Instructions)
   
PN
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PAGE 2 OF 4

 


This Amendment No. 6 amends the Schedule 13D filed September 7, 2007 (the “Schedule 13D”), as amended by Amendment No. 1 filed October 30, 2007, as amended by Amendment No. 2 filed November 6, 2007, as amended by Amendment No. 3 filed November 19, 2007, as amended by Amendment No. 4 filed November 26, 2007, as amended by Amendment No. 5 filed December 20, 2007, and is filed by Bulldog Investors General Partnership (the “Reporting Person”), with respect to the common shares of beneficial interest, no par value, of PBF (the “Common Stock”).  Capitalized terms used herein but not defined herein shall have the meanings attributed to them in the Schedule 13D.
 
Item 4.     Purpose of Transaction
 
Item 4 of the Schedule 13D is supplemented as follows:
 
On December 26, 2007, the Reporting Person mailed to PBF the letter attached to this Amendment No. 6 as Exhibit 1.
 
Item 7.                  Material to be Filed as Exhibits
 
Exhibit No.    Description
  1.                         Letter from the Reporting Person to PBF, dated December 26, 2007.
 
 
 
 
 
 
 

 
 
PAGE 3 OF 4

 

 
SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
DATE:                                December 27, 2007
 
   
 
BULLDOG INVESTORS GENERAL PARTNERSHIP
   
 
By: KIMBALL & WINTHROP, INC., general partner
   
   
 
By: /s/ Phillip Goldstein
 
Name: Phillip Goldstein
 
Title:   President
   
   
   
 
 
 
 
 
 

 
PAGE 4 OF 4

 
EX-1 2 ex1.htm ADVANCE NOTICE LETTER TO PBF ex1.htm
Exhibit 1

Bulldog Investors General Partnership
Park 80 West - Plaza Two, Suite 750, Saddle Brook, NJ 07663
Phone: 201-556-0092 / Fax: 201-556-0097 / info@bulldoginvestors.com


December 26, 2007

Dorothy E. Bourassa, Corporate Secretary
Pioneer Municipal and Equity Income Trust
60 State Street
Boston, Massachusetts 02109

Dear Ms. Bourassa:

Bulldog Investors General Partnership (“BIGP”) holds of record 100 common shares of Pioneer Municipal and Equity Income Trust (the “Trust”) and beneficially owns approximately 5 million common shares.

Pursuant to Section 7 of Article III of the bylaws of the Trust, please be advised that we intend to present three proposals and three nominations for trustees at the 2008 annual meeting.  The proposals are:

1.  
   The investment advisory agreement between the Trust and Pioneer Investment Management, Inc. shall be terminated.

2.  
   The name of the Trust shall be changed to: “The Shareholder Friendly Trust.”

3.  
   Commencing with the 2008 annual meeting, all expenses incurred to elect a nominee to the Board of Trustees who does not obtain at least 45% of the votes cast shall be
   borne by such nominee and not by the Trust.

The purpose of these proposals is to sever all ties between the Trust and the investment advisor and to deter waste of the Trust’s assets.

BIGP intends to be represented at the meeting by one or more principals of one or more of its general partners or by proxy to present our proposals and our nominations.

The Nominees are:

Phillip Goldstein (born 1945); 60 Heritage Drive, Pleasantville, NY 10570 – Since 1992, Mr. Goldstein has been an investment advisor and a principal of the general partner of five investment partnerships in the Bulldog Investors group of funds: Opportunity Partners L.P., Opportunity Income Plus Fund L.P., Full Value Partners L.P., Full Value Offshore Ltd. and Full Value Special Situations Fund L.P.  He has been a director of the Mexico Equity and Income Fund since 2000 and Brantley Capital Corporation since 2001.

Gerald Hellerman ( born 1937 ); 5431 NW 21st Avenue, Boca Raton, FL 33496 -- Mr. Hellerman owns and has served as Managing Director of Hellerman Associates, a financial and corporate consulting firm, since the firm's inception in 1993. Mr. Hellerman currently serves as a director, chief financial officer and chief compliance officer for The Mexico Equity and Income Fund, Inc.; a director of MVC Capital, Inc.; a director of the Old Mutual 2100 fund complex (consisting of six funds); a director of Brantley Capital Corporation; and a director of AirNet Systems, Inc. since 2005.

Andrew Dakos (born 1966); Park 80 West, Plaza Two, Suite 750, Saddle Brook, NJ 07663 – Mr. Dakos is a self-employed investment advisor and a principal of the general partner of five investment partnerships in the Bulldog Investors group of funds: Opportunity Partners L.P., Opportunity Income Plus Fund L.P., Full Value Partners L.P., Full Value Special Situations Fund L.P., and Full Value Offshore L.P.  He has been a director of the Mexico Equity and Income Fund since 2001 and Brantley Capital Corporation since 2007.

None of our nominees is an interested person of the Trust nor does any nominee personally own any shares of the Trust except that my wife and I jointly beneficially own 67,354 shares and my wife owns 5,500 shares.  Mr. Dakos and I are also principals of some of the entities that are general partners of  BIGP.  Each of our nominees has consented to be named in the proxy statement as a nominee and to serve as a director if elected.  There are no arrangements or understandings between BIGP and any of the above nominees or any other person(s) in connection with the nominations.

Please advise us immediately if this notice is deficient in any way or any additional information is required so that we can promptly provide it in order to cure any deficiency.

Very truly yours,


Phillip Goldstein
President
Kimball & Winthrop, Inc.
General Partner




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