C000011120 Fees and Costs — Pioneer Fund, : Class C
Data updated: 2025-03-14
The net expense ratio is 1.73%: a 0.56% management fee, a 1.00% 12b-1 fee plus 0.17% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2024 the fund paid $2.1M in broker commissions, 0.0244% of average net assets, and portfolio turnover was 64%.
C000011120 Fees and Expenses
Annual operating expenses and sales charges of C000011120. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.73% |
| Fee waiver | — |
| Net expense ratio | 1.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000011120 Costs Over Time
On $10,000 invested in C000011120, assuming 5% a year before costs, total costs come to $1,081 over 5 years, cutting the return by 1.84% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.73%) | $182 | $562 | $967 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $28 | $100 |
| Total costs | $287 | $599 | $1,081 |
| Value after costs | $10,213 | $10,978 | $11,682 |
| Impact on return, per year | 2.87% | 1.84% | 1.84% |
C000011120 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0244%
- Total broker commissions: $2.1M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
C000011120 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $434K | 29.18% |
| PIPER SANDLER & CO. | $270K | 18.11% |
| PERSHING LLC | $178K | 11.98% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $142K | 9.53% |
| SG AMERICAS SECURITIES LLC | $104K | 6.99% |
| GOLDMAN SACHS & CO. LLC | $86K | 5.76% |
| KEEFE, BRUYETTE & WOODS, INC. | $74K | 5.00% |
| NATIONAL FINANCIAL SERVICES LLC | $73K | 4.93% |
| JONESTRADING INSTITUTIONAL SERVICES LLC | $67K | 4.51% |
| RBC CAPITAL MARKETS, LLC | $60K | 4.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.