Pioneer Disciplined Value Fund
Data updated: 2025-07-29
C000027968 — Pioneer Disciplined Value Fund. United States Mid Cap Blend / Core Equity · $394.89M AUM. Holdings, fees, performance and SEC filings.
C000027968 Fund Overview
Pioneer Disciplined Value Fund is a US mutual fund managed by Pioneer Series Trust III, categorised as United States Mid Cap Blend / Core 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 Series Trust III
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $394.89M
- 1-year return: 9.0%
- SEC CIK: 0001306349
- SEC series ID: S000010093
- Share class ID: C000027968
C000027968 Investment Objective and Strategy
Pioneer Disciplined Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pioneer Series Trust III.
Investment objective
Long-term capital growth.
Principal investment strategy
"The fund invests primarily in equity securities of U.S. issuers. 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, depositary receipts, warrants, rights, equity interests in real estate investment trusts (REITs) and preferred stocks. The fund may invest in issuers of any market capitalization. The fund may invest in securities in any industry or market sector. The fund may invest in fewer than 40 securities. The fund may invest in initial public offerings of equity securities. In addition, the fund may invest up to 20% of its total assets in securities of non-U.S. issuers, including up to 5% of its total assets in the securities of emerging market issuers. The fund may invest in debt securities.
Generally, the fund may acquire investment grade debt securities, but the fund may invest up to 5% of its net assets in below investment grade debt securities (known as ""junk bonds""), including below investment grade convertible debt securities. The fund also may hold cash or other short-term investments. The fund may, but is not required to, use derivatives, such as stock index futures and options. The fund may use derivatives 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's investment adviser uses a valuation-conscious approach to select the fund's investments based upon the recommendations of the adviser's research teams. The research teams use a two-step process in selecting securities that combines fundamental and quantitative research. First, the teams assess whether a company's fundamentals-financial condition, management, and position in its industry-indicate strong prospects for growth and attractive valuations. Second, the teams employ a quantitative, value-oriented approach to construct the fund's portfolio, emphasizing those securities believed to be selling at reasonable prices versus the underlying values.
A security may be sold if its ranking by the research team is reduced or the security price reaches a reasonable valuation."
C000027968 Holdings
Top 10 holdings of Pioneer Disciplined Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Cisco Systems Inc | 5.90% |
| JPMorgan Chase & Co | 4.95% |
| Bank of America Corp | 4.91% |
| Johnson & Johnson | 4.90% |
| Comcast Corp | 4.80% |
| State Street Corp | 4.36% |
| Goldman Sachs Group Inc/The | 4.06% |
| Sysco Corp | 3.76% |
| Crh PLC | 3.76% |
| 3M Co | 3.64% |
C000027968 Portfolio Allocation
Asset-class allocation of Pioneer Disciplined Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.4% |
C000027968 Performance
Total returns for C000027968 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 9.0% |
| 3 years (annualised) | 4.6% |
| 5 years (annualised) | 11.9% |
C000027968 Risk Information
Risk metrics for C000027968, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.5%
C000027968 Costs and Fees
C000027968 costs about $86 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.86%
- Gross expense ratio: 0.86%
- Portfolio turnover: 111%
- Brokerage commissions: 7.56 bps of average net assets (SEC N-CEN)
C000027968 Cashflows
Over the 12 months to 2025-05, Pioneer Disciplined Value Fund had net outflows of $14.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-05 | −$3.90M |
| 2025-04 | $1.47M |
| 2025-03 | −$1.09M |
| 2025-02 | −$1.37M |
| 2025-01 | −$1.06M |
| 2024-12 | $2.36M |
C000027968 Debt Constituents
No individual debt constituents are reported in Pioneer Disciplined Value Fund's latest SEC N-PORT filing.
C000027968 Prospectus and SEC Filings
Official Pioneer Disciplined Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-12-20
- Prospectus (485BPOS) — filed 2023-12-28
- Prospectus (485BPOS) — filed 2022-12-22
- Portfolio holdings (N-PORT) — filed 2025-07-29
- Portfolio holdings (N-PORT) — filed 2025-04-29
- Portfolio holdings (N-PORT) — filed 2025-01-23
- Annual census (N-CEN) — filed 2024-11-14
- Annual census (N-CEN) — filed 2023-11-13
Related Funds
Other United States Mid Cap Blend / Core 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.