C000028128 Fees and Costs — Pioneer Strategic Income Fund, : Class R
Data updated: 2025-02-27
The net expense ratio is 1.37%: a 0.57% management fee, a 0.50% 12b-1 fee plus 0.30% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $252K in broker commissions, 0.0078% of average net assets, and portfolio turnover was 63%.
C000028128 Fees and Expenses
Annual operating expenses and sales charges of C000028128. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.37% |
| Fee waiver | — |
| Net expense ratio | 1.37% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000028128 Costs Over Time
On $10,000 invested in C000028128, assuming 5% a year before costs, total costs come to $855 over 5 years, cutting the return by 1.45% 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 |
| Fund expenses (net expense ratio 1.37%) | $144 | $447 | $772 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $145 | $472 | $855 |
| Value after costs | $10,355 | $11,104 | $11,907 |
| Impact on return, per year | 1.45% | 1.45% | 1.45% |
C000028128 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0078%
- Total broker commissions: $252K
- Bought from dealers (principal trades, not a cost): $24.2B
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
C000028128 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $251K | 99.94% |
| INSTINET, LLC | $147 | 0.06% |
C000028128 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $10.5B | 46.08% |
| BARCLAYS CAPITAL, INC. | $2.2B | 9.62% |
| J.P. Morgan Securities LLC | $1.7B | 7.51% |
| CitiGroup Global Markets Inc. | $1.6B | 7.17% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.6B | 6.88% |
| MORGAN STANLEY & CO. LLC | $1.5B | 6.68% |
| GOLDMAN SACHS & CO. LLC | $1.4B | 5.96% |
| BNP PARIBAS SECURITIES CORP. | $1.1B | 4.64% |
| Mizuho Securities USA LLC | $798.1M | 3.50% |
| WELLS FARGO SECURITIES, LLC | $444.3M | 1.95% |
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.