C000055267 Fees and Costs — Pioneer Global Multisector Income Fund, : Class A
Data updated: 2023-10-25
The net expense ratio is 1.08% (2.37% before fee waivers). This share class carries a maximum front-end sales load of 4.50%. In fiscal 2019 the fund paid $4 in broker commissions, and portfolio turnover was 16%.
C000055267 Fees and Expenses
Annual operating expenses and sales charges of C000055267. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.54% |
| Gross expense ratio | 2.37% |
| Fee waiver | −1.29% |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
C000055267 Costs Over Time
On $10,000 invested in C000055267, assuming 5% a year before costs, total costs come to $1,218 over 5 years, cutting the return by 2.09% 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 |
| Sales charges | $450 | $450 | $450 |
| Fund expenses (net expense ratio 1.08%) | $108 | $338 | $585 |
| Lost growth on money paid in costs | $23 | $88 | $183 |
| Total costs | $581 | $875 | $1,218 |
| Value after costs | $9,919 | $10,701 | $11,544 |
| Impact on return, per year | 5.81% | 2.72% | 2.09% |
C000055267 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $4
- Bought from dealers (principal trades, not a cost): $65.0M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
C000055267 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET LIMITED | $4 | 100.00% |
C000055267 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $15.2M | 27.78% |
| JP Morgan Securities | $8.2M | 14.88% |
| Barclays Capital Inc. | $6.4M | 11.63% |
| Wells Fargo Securities LLC | $5.4M | 9.90% |
| Credit Suisse | $4.6M | 8.34% |
| Goldman Sachs & Co. LLC | $4.4M | 8.10% |
| Morgan Stanley & Co | $4.3M | 7.90% |
| TD SECURITIES (USA) LLC | $2.8M | 5.04% |
| Jefferies & Company, Inc. | $2.0M | 3.63% |
| BANK OF NEW YORK MELLON CORPORATION | $1.5M | 2.80% |
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.