-----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, CSKwj3tKlC8+UQ3MdKEfLGPP2XOCfefwmqiq4359DmI2wLzmzWP9zsyqIVcDmQdz Dy7ySP0JlE/tNmGxD17uaw== 0001067621-06-000004.txt : 20060210 0001067621-06-000004.hdr.sgml : 20060210 20060209181055 ACCESSION NUMBER: 0001067621-06-000004 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060210 DATE AS OF CHANGE: 20060209 GROUP MEMBERS: ANDREW DAKOS GROUP MEMBERS: BULLDOG INVESTORS FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDSTEIN PHILLIP CENTRAL INDEX KEY: 0001067621 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 9147475262 MAIL ADDRESS: STREET 1: 60 HERITAGE DRIVE CITY: PLEASANTVILLE STATE: NY ZIP: 10570 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER INTEREST SHARES CENTRAL INDEX KEY: 0000069407 IRS NUMBER: 470538563 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-80305 FILM NUMBER: 06594599 BUSINESS ADDRESS: STREET 1: 60 STATE STREET STREET 2: 13TH FL CITY: BOSTON STATE: MA ZIP: 02109-1820 BUSINESS PHONE: 6174224960 MAIL ADDRESS: STREET 1: 60 STATE STREET STREET 2: 13TH FLOOR CITY: BOSTON STATE: MA ZIP: 02109-1820 FORMER COMPANY: FORMER CONFORMED NAME: PIONEER INTEREST SHARES INC /MA/ DATE OF NAME CHANGE: 19950828 FORMER COMPANY: FORMER CONFORMED NAME: PIONEER INTEREST SHARES INC DATE OF NAME CHANGE: 19940301 FORMER COMPANY: FORMER CONFORMED NAME: MUTUAL OF OMAHA INTEREST SHARES INC DATE OF NAME CHANGE: 19920703 SC 13D 1 third.txt DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 1/30/2006 1. NAME OF REPORTING PERSON Bulldog Investors, Phillip Goldstein and Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________ 7. SOLE VOTING POWER NA 8. SHARED VOTING POWER NA 9. SOLE DISPOSITIVE POWER NA _________________________________________________________ 10. SHARED DISPOSITIVE POWER NA 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 492,900 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.67% 14. TYPE OF REPORTING PERSON IA ________________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________ 7. SOLE VOTING POWER 135,700 8. SHARED VOTING POWER 10,000 9. SOLE DISPOSITIVE POWER 341,500 _________________________________________________________ 10. SHARED DISPOSITIVE POWER 151,400 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 492,900 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.67% 14. TYPE OF REPORTING PERSON IA ________________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________ 7. SOLE VOTING POWER 151,400 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 0 _________________________________________________________ 10. SHARED DISPOSITIVE POWER 151,400 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 151,400 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 2.05% 14. TYPE OF REPORTING PERSON IA ________________________________________________________________ Item 1. SECURITY AND ISSUER This Schedule 13D relates to the shares of Common Stock of Pioneer Interest Shares Inc. ("MUO").The principal executive offices of MUO are located at 60th Street, 13th Floor, Boston, MA 02109. Item 2. IDENTITY AND BACKGROUND This statement is filed on behalf of Bulldog Investors, Phillip Goldstein, 60 Heritage Drive, Pleasantville, NY 10570 a principal of Bulldog Investors and Andrew Dakos, 43 Waterford Drive, Montville, NJ 07045, also a principal of Bulldog Investors. Mr.Goldstein and Mr. Dakos are self-employed investment advisors. During the past 5 years none of the above has been convicted in a criminal proceeding, nor been party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which they were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to,federal or state securities laws or finding any violation with respect to such laws. Each of the above are United States citizens. ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS Shares of the issuer have been accumulated on behalf of managed accounts. All funds that have been utilized to purchase such shares are from such accounts or from margin loans from broker dealers where these accounts are held. ITEM 4. PURPOSE OF TRANSACTION The filing persons believe the issuer's shares are undervalued and may communicate its views to management. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As per the semi-annual report filed on 8/29/05 there were 7,395,024 shares of MUO outstanding as of 6/30/05. The percentage set forth in item 5 was derived using such number. Bulldog Investors, Phillip Goldstein and Andrew Dakos beneficially own an aggregate of 492,900 shares of MUO or 6.67% of the outstanding shares. Power to dispose of securities resides solely with Mr. Goldstein for 341,500 shares. Power to vote securities resides solely with Mr. Goldstein for 135,700 shares and jointly for 10,000 shares. Power to dispose of securities resides jointly with Mr. Dakos and Mr. Goldstein for 151,400 shares. Power to vote securities resides solely with Mr. Dakos for 151,400 shares. c) During the past 60 days the following shares of MUO were purchased (there were no sales): 12/9/2005 3400 10.83 12/9/2005 2000 10.83 12/9/2005 4000 10.83 12/12/2005 3700 10.88 12/13/2005 1800 10.82 12/14/2005 1000 10.89 12/14/2005 2100 10.89 12/14/2005 4000 10.89 12/15/2005 2500 10.89 12/16/2005 2500 10.89 12/16/2005 2500 10.89 12/16/2005 2500 10.89 12/16/2005 2500 10.89 12/19/2005 2900 10.9 12/20/2005 2350010.75 12/20/2005 5825 10.75 12/20/2005 5825 10.75 12/20/2005 5825 10.75 12/20/2005 5825 10.75 12/20/2005 2350010.75 12/21/2005 6700 10.75 12/21/2005 1675 10.75 12/21/2005 1675 10.75 12/21/2005 1675 10.75 12/21/2005 1675 10.75 12/21/2005 6700 10.75 12/22/2005 1150 10.75 12/22/2005 1150 10.75 12/23/2005 3300 10.77 12/23/2005 3300 10.77 12/27/2005 300 10.81 12/28/2005 2900 10.86 12/29/2005 3200 10.85 12/29/2005 3200 10.85 12/29/2005 4000 10.9 12/30/2005 1625 10.85 12/30/2005 1625 10.85 12/30/2005 1625 10.85 12/30/2005 1625 10.85 1/3/20064000 10.85 1/4/2006200 10.85 1/5/20061800 10.89 1/10/2006 1000 11.05 1/11/2006 1750 11.09 1/11/2006 1750 11.09 1/11/2006 1750 11.09 1/11/2006 1750 11.09 1/12/2006 2650 11.03 1/12/2006 2650 11.03 1/17/2006 1000 11 1/17/2006 2000 11 1/18/2006 4600 11 1/19/2006 2125 11 1/19/2006 2125 11 1/19/2006 2125 11 1/19/2006 2125 11 1/20/2006 1500 11 1/23/2006 2100 10.95 1/24/2006 1000 11.03 1/25/2006 2650 11.05 1/25/2006 2650 11.05 1/26/2006 725 11.03 1/26/2006 725 11.03 1/26/2006 725 11.03 1/26/2006 725 11.03 1/27/2006 1600 11 1/30/2006 3200 10.96 1/30/2006 1800 10.9599 1/30/2006 5000 10.95 1/30/2006 3000 11 1/30/2006 2500 11 1/30/2006 7000 11 1/31/2006 5000 10.95 1/31/2006 1500010.95 1/31/2006 5000 10.96 1/31/2006 5000 10.96 1/31/2006 3000 10.96 1/31/2006 2000 10.96 1/31/2006 5000 10.96 1/31/2006 2000 10.96 1/31/2006 1300010.96 2/1/20068200 10.95 2/1/20062600 10.95 2/1/20062000 10.95 2/1/20064000 10.95 2/1/20062000 10.95 2/1/20068000 10.95 2/3/20065400 10.97 2/6/20062000 10.95 2/6/20061600 10.95 2/7/20061300 10.95 2/8/20062000 10.95 2/8/20061300 10.95 2/9/20065000 11.0705 2/9/20063300 11.0705 d) Beneficiaries of managed accounts are entitled to receive any dividends or sales proceeds. e) NA ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit 1. Joint Filing Agreement 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. Dated: 2/9/06 By: /s/ Phillip Goldstein Name: Phillip Goldstein By: /s/ Andrew Dakos Name: Andrew Dakos Exhibit 1 Joint Filing Agreement In accordance with Rule 13d-1 (k) (1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of the Schedule 13D (and all further amendments filed by them) with respect to the shares of MUO. Dated: 2/9/06 By: /s/ Phillip Goldstein Name: Phillip Goldstein By: /s/ Andrew Dakos Name: Andrew Dakos -----END PRIVACY-ENHANCED MESSAGE-----