Pioneer Fund
Data updated: 2025-03-14
C000011120 — Pioneer Fund. United States Large Cap Value Equity · $8.97B AUM · 1.73% expense ratio. Holdings, fees, performance and SEC filings.
C000011120 Fund Overview
Pioneer Fund is a US mutual fund managed by Pioneer Fund /ma/, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Pioneer Fund /ma/
- Category: United States Large Cap Value Equity
- Assets under management: $8.97B
- 1-year return: 21.6%
- SEC CIK: 0000078713
- SEC series ID: S000003991
- Share class ID: C000011120
C000011120 Investment Objective and Strategy
Pioneer Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pioneer Fund /ma/.
Investment objective
Reasonable income and capital growth.
Principal investment strategy
"The fund invests in a broad group of carefully selected securities that the fund's adviser believes are reasonably priced, rather than in securities whose prices reflect a premium resulting from their current market popularity. The fund invests predominantly in equity securities. For purposes of the fund's investment policies, equity securities include common stocks and other equity instruments, such as funds that invest primarily in equity securities, equity interests in real estate investment trusts (REITs), depositary receipts, warrants, rights and preferred stocks. The fund primarily invests in securities of U.S. issuers. The fund may invest up to 15% of its total assets in securities of non-U.S. issuers. The fund will not invest more than 5% of its total assets in the securities of emerging markets issuers.
The fund may invest up to 15% of its net assets in REITs. The fund may invest in initial public offerings of equity securities. The fund may also invest in investment grade and below investment grade debt securities (known as ""junk bonds""). The fund may, but is not required to, use derivatives. The fund may use derivatives, such as stock index futures and options, for a variety of purposes, including: in an attempt to hedge against adverse changes in the market price of securities, interest rates or currency exchange rates; as a substitute for purchasing or selling securities; to attempt to increase the fund's return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique. The fund may choose not to make use of derivatives for a variety of reasons, and any use may be limited by applicable law and regulations.
The fund may also hold cash or other short-term investments. The fund's investment adviser uses a value approach to select the fund's investments to buy and sell. The adviser seeks securities selling at reasonable prices or substantial discounts to their underlying values and then holds these securities until the market values reflect their intrinsic values. The adviser evaluates a security's potential value, including the attractiveness of its market valuation, based on the company's assets and prospects for earnings growth. In making that assessment, the adviser employs fundamental research and an evaluation of the issuer based on its financial statements and operations. In selecting securities, the adviser considers a security's potential to provide a reasonable amount of income. The adviser focuses on the quality and price of individual issuers."
C000011120 Holdings
Top 10 holdings of Pioneer Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 7.34% |
| Apple Inc | 7.01% |
| Microsoft Corp | 5.94% |
| Alphabet Inc | 4.37% |
| United Parcel Service Inc | 4.34% |
| Amazon.com Inc | 4.18% |
| Truist Financial Corp | 4.09% |
| US Bancorp | 4.04% |
| Martin Marietta Materials Inc | 3.94% |
| Regeneron Pharmaceuticals Inc | 3.37% |
C000011120 Portfolio Allocation
Asset-class allocation of Pioneer Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 0.8% |
C000011120 Performance
Total returns for C000011120 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 21.6% |
| 3 years (annualised) | 7.5% |
| 5 years (annualised) | 14.1% |
C000011120 Risk Information
Risk metrics for C000011120, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.2%
C000011120 Costs and Fees
C000011120 costs about $173 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.73%
- Gross expense ratio: 1.73%
- Portfolio turnover: 64%
- Brokerage commissions: 2.44 bps of average net assets (SEC N-CEN)
C000011120 Cashflows
Over the 12 months to 2024-12, Pioneer Fund had net inflows of $807.70M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | $1.68M |
| 2024-11 | $930.93M |
| 2024-10 | −$40.70M |
| 2024-09 | $40.18M |
| 2024-08 | −$28.53M |
| 2024-07 | −$15.68M |
C000011120 Debt Constituents
No individual debt constituents are reported in Pioneer Fund's latest SEC N-PORT filing.
C000011120 Prospectus and SEC Filings
Official Pioneer Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-25
- Prospectus (485BPOS) — filed 2023-04-26
- Prospectus (485BPOS) — filed 2022-04-27
- Portfolio holdings (N-PORT) — filed 2025-02-25
- Portfolio holdings (N-PORT) — filed 2024-11-25
- Portfolio holdings (N-PORT) — filed 2024-08-23
- Annual census (N-CEN) — filed 2025-03-14
- Annual census (N-CEN) — filed 2024-03-14
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.