C000033501 Fees and Costs — Pioneer Disciplined Growth Fund, : Class Y Shares
Data updated: 2025-01-23
The net expense ratio is 0.83%: a 0.63% management fee plus 0.20% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $610K in broker commissions, 0.0308% of average net assets, and portfolio turnover was 84%.
C000033501 Fees and Expenses
Annual operating expenses and sales charges of C000033501. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000033501 Costs Over Time
On $10,000 invested in C000033501, assuming 5% a year before costs, total costs come to $540 over 5 years, cutting the return by 0.90% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $296 | $540 |
| Value after costs | $10,410 | $11,280 | $12,223 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
C000033501 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
C000033501 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% |
C000033501 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.