Pioneer Strategic Income Vct Portfolio
Data updated: 2025-03-14
C000028190 — Pioneer Strategic Income Vct Portfolio. Long Total / Aggregate Bond · $29.87M AUM. Holdings, fees, performance and SEC filings.
C000028190 Fund Overview
Pioneer Strategic Income Vct Portfolio is a US mutual fund managed by Pioneer Variable Contracts Trust /ma/, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Pioneer Variable Contracts Trust /ma/
- Category: Long Total / Aggregate Bond
- Assets under management: $29.87M
- 1-year return: 4.2%
- SEC CIK: 0000930709
- SEC series ID: S000010163
- Share class ID: C000028190
C000028190 Investment Objective and Strategy
Pioneer Strategic Income Vct Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pioneer Variable Contracts Trust /ma/.
Investment objective
A high level of current income.
Principal investment strategy
"Normally, the portfolio invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities. Derivative investments that provide exposure to debt securities or have similar economic characteristics may be used to satisfy the portfolio's 80% policy. The portfolio has the flexibility to invest in a broad range of issuers and segments of the debt securities markets. The portfolio's investment adviser allocates the portfolio's investments among the following three segments of the debt markets: Below investment grade (high yield or ""junk bond"") securities of U.S. and non-U.S. issuers Investment grade securities of U.S. issuers Investment grade securities of non-U.S. issuers The adviser's allocations among the segments of the debt markets depend upon its outlook for economic, interest rate and political trends.
At any given time, the portfolio may have a substantial amount of its assets in any one of such segments. The portfolio may invest in securities of issuers in any market capitalization range, industry or market sector. The portfolio invests primarily in debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities or non-U.S. governmental entities; debt securities of U.S. and non-U.S. corporate issuers (including convertible debt); and mortgage-related securities, including collateralized mortgage obligations and ""sub-prime"" mortgages, and asset-backed securities. The portfolio invests in securities with a broad range of maturities and maintains an average portfolio maturity which varies based upon the judgment of the portfolio's investment adviser. The portfolio's investments may have fixed or variable principal payments and all types of interest rate payment and reset terms, including fixed rate, adjustable rate, floating rate, zero coupon, contingent, deferred, payment in kind and auction rate features.
The portfolio's investments may include instruments that allow for balloon payments or negative amortization payments. Depending upon the adviser's allocation among market segments, up to 70% of the portfolio's total assets may be in debt securities rated below investment grade at the time of purchase or determined to be of equivalent quality by the adviser. Up to 20% of the portfolio's total assets may be invested in debt securities rated below CCC by Standard & Poor's Financial Services LLC or the equivalent by another nationally recognized statistical rating organization or determined to be of equivalent credit quality by the adviser. The portfolio's investments in debt securities rated below investment grade may include securities that are in default. The portfolio may invest in floating rate loans, subordinated debt securities, event-linked bonds and other insurance-linked securities, and municipal securities.
The portfolio may also invest in Treasury Inflation Protected Securities (""TIPS"") and other inflation-linked debt securities. Up to 85% of the portfolio's total assets may be in debt securities of non-U.S. corporate and governmental issuers, including debt securities of corporate and governmental issuers in emerging markets. The portfolio may invest up to 20% of its total assets in equity securities, including common stocks, preferred stocks, rights, warrants, depositary receipts, funds that invest primarily in equity securities and equity interests in real estate trusts (REITs). The portfolio may, but is not required to, use derivatives, such as credit default swaps, forward foreign currency exchange contracts, and bond and interest rate futures. The portfolio 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 portfolio's return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique.
The portfolio 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 portfolio also may hold cash or other short-term investments. The adviser considers both broad economic and issuer specific factors in selecting investments. In assessing the appropriate maturity, rating, sector and country weightings of the portfolio, the adviser considers a variety of factors that are expected to influence economic activity and interest rates. The adviser selects individual securities to buy and sell based upon such factors as a security's yield, liquidity and rating, an assessment of credit quality, and sector and issuer diversification."
C000028190 Holdings
Top 10 holdings of Pioneer Strategic Income Vct Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 4.68% |
| Pioneer ILS Interval Fund | 3.90% |
| Fannie Mae | 2.72% |
| Fannie Mae or Freddie Mac | 2.05% |
| Fannie Mae | 1.15% |
| Fannie Mae | 1.07% |
| Fannie Mae or Freddie Mac | 0.99% |
| Fannie Mae or Freddie Mac | 0.97% |
| Bp Capital Markets PLC | 0.95% |
| Cooperat Rabobank Ua/ny | 0.92% |
C000028190 Portfolio Allocation
Asset-class allocation of Pioneer Strategic Income Vct Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 57.0% |
| Securitized | 45.6% |
| Equity | 4.0% |
| Loans | 0.8% |
C000028190 Performance
Total returns for C000028190 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 4.2% |
| 3 years (annualised) | -0.5% |
| 5 years (annualised) | 1.7% |
C000028190 Risk Information
Risk metrics for C000028190, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.0%
C000028190 Costs and Fees
C000028190 costs about $81 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.81%
- Gross expense ratio: 1.31%
- Portfolio turnover: 53%
- Brokerage commissions: 0.66 bps of average net assets (SEC N-CEN)
C000028190 Cashflows
Over the 12 months to 2024-12, Pioneer Strategic Income Vct Portfolio had net outflows of $591.17K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | −$637.08K |
| 2024-11 | −$1.19M |
| 2024-10 | $234.72K |
| 2024-09 | $800.19K |
| 2024-08 | $408.26K |
| 2024-07 | $51.91K |
C000028190 Debt Constituents
Largest debt holdings of Pioneer Strategic Income Vct Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 4.68% |
| Bp Capital Markets PLC | 0.95% |
| Cooperat Rabobank Ua/ny | 0.92% |
| Lloyds Banking Group PLC | 0.87% |
| Pepsico, Inc. | 0.74% |
| Intesa Sanpaolo Spa | 0.72% |
| Teva Pharm Fnc Nl Ii | 0.71% |
| Unicredit Spa | 0.70% |
| Hilcorp Energy I/hilcorp | 0.70% |
| Nordea Bank Abp | 0.68% |
C000028190 Prospectus and SEC Filings
Official Pioneer Strategic Income Vct Portfolio 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 Long Total / Aggregate Bond 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.