C000011217 Fees and Costs — Pioneer Disciplined Growth Fund, : Class A Shares
Data updated: 2025-01-23
The net expense ratio is 0.98%: a 0.63% management fee, a 0.25% 12b-1 fee plus 0.10% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2024 the fund paid $610K in broker commissions, 0.0308% of average net assets, and portfolio turnover was 84%.
C000011217 Fees and Expenses
Annual operating expenses and sales charges of C000011217. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000011217 Costs Over Time
On $10,000 invested in C000011217, assuming 5% a year before costs, total costs come to $1,330 over 5 years, cutting the return by 2.29% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.98%) | $97 | $303 | $525 |
| Trading costs (broker commissions) | $3 | $10 | $16 |
| Lost growth on money paid in costs | $29 | $106 | $214 |
| Total costs | $704 | $993 | $1,330 |
| Value after costs | $9,796 | $10,583 | $11,433 |
| Impact on return, per year | 7.04% | 3.09% | 2.29% |
C000011217 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0308%
- Total broker commissions: $610K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 84%
- Securities lending: none during the year
C000011217 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $116K | 23.34% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $82K | 16.45% |
| PIPER SANDLER & CO. | $58K | 11.69% |
| GOLDMAN SACHS & CO. LLC | $58K | 11.62% |
| WELLS FARGO SECURITIES, LLC | $38K | 7.70% |
| J.P. Morgan Securities LLC | $34K | 6.84% |
| EVERCORE GROUP L.L.C. | $34K | 6.76% |
| CITIGROUP GLOBAL MARKETS INC. | $27K | 5.41% |
| LUMINEX TRADING & ANALYTICS LLC | $27K | 5.36% |
| UBS Securities LLC | $24K | 4.83% |
C000011217 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $900.5M | 74.93% |
| BNP PARIBAS SECURITIES CORP. | $99.6M | 8.29% |
| BMO CAPITAL MARKETS CORP. | $74.8M | 6.23% |
| MORGAN STANLEY & CO. LLC | $55.0M | 4.58% |
| CitiGroup Global Markets Inc. | $48.7M | 4.05% |
| GOLDMAN SACHS & CO. LLC | $21.0M | 1.75% |
| BARCLAYS CAPITAL, INC. | $2.3M | 0.19% |
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.