C000028246 Fees and Costs — Pioneer Global High Yield Fund, : Class Y
Data updated: 2024-01-12
The net expense ratio is 0.90%: a 0.70% management fee plus 0.30% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 42%.
C000028246 Fees and Expenses
Annual operating expenses and sales charges of C000028246. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.90% |
| 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 |
C000028246 Costs Over Time
On $10,000 invested in C000028246, assuming 5% a year before costs, total costs come to $564 over 5 years, cutting the return by 0.94% 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 0.90%) | $94 | $295 | $512 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $94 | $310 | $564 |
| Value after costs | $10,406 | $11,266 | $12,199 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
C000028246 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $182.9M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
C000028246 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $42.9M | 26.75% |
| BARCLAYS CAPITAL, INC. | $24.6M | 15.30% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $23.8M | 14.84% |
| GOLDMAN SACHS & CO. LLC | $14.9M | 9.27% |
| CitiGroup Global Markets Inc. | $13.1M | 8.18% |
| BMO CAPITAL MARKETS CORP. | $12.3M | 7.65% |
| JEFFERIES LLC | $9.3M | 5.82% |
| HSBC SECURITIES (USA), INC. | $7.0M | 4.38% |
| MORGAN STANLEY & CO. LLC | $6.4M | 4.02% |
| DEUTSCHE BANK SECURITIES, INC. | $6.1M | 3.80% |
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.