Pioneer Global Equity Fund
Data updated: 2025-01-23
C000073573 — Pioneer Global Equity Fund. Global (incl. US) Large Cap Value Equity · $542.09M AUM. Holdings, fees, performance and SEC filings.
C000073573 Fund Overview
Pioneer Global Equity Fund is a US mutual fund managed by Pioneer Series Trust V, categorised as Global (incl. US) Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Pioneer Series Trust V
- Category: Global (incl. US) Large Cap Value Equity
- Assets under management: $542.09M
- 1-year return: 22.2%
- SEC CIK: 0001341256
- SEC series ID: S000010121
- Share class ID: C000073573
C000073573 Investment Objective and Strategy
Pioneer Global Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pioneer Series Trust V.
Investment objective
Long-term capital growth.
Principal investment strategy
"Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities of issuers located throughout the world. Derivative instruments that provide exposure to such securities or have similar economic characteristics may be used to satisfy the fund's 80% policy. The fund's principal focus is on companies that exhibit solid fundamental characteristics and are underappreciated by the market. The fund may invest in securities of any market capitalization, and in securities in any industry or market sector. The fund may invest in both developed and emerging markets without limit. Normally, the fund invests at least 40% of its net assets in issuers located outside of the United States, or derivatives that provide similar exposure or have similar economic characteristics.
This 40% minimum investment amount may be reduced to 30% if market conditions for these investments or in specific foreign markets are deemed unfavorable. For purposes of the fund's investment policies, equity securities include common stocks and other equity instruments, such as exchange-traded funds (ETFs) that invest primarily in equity securities, depositary receipts, warrants, rights and preferred stocks. The fund may invest up to 20% of its total assets in debt securities, including up to 5% of its net assets in below investment grade debt securities (known as ""junk bonds""), and cash and cash equivalents. The fund may purchase and sell forward foreign currency exchange contracts in non-U.S. currencies in connection with its investments, including as a means of managing relative currency and country exposure.
The fund may also use derivatives, including stock index futures and options and futures on equity-based volatility indices, for a variety of other 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 fund's return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique. The fund 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 fund integrates a top-down view of the global macro-economic landscape with fundamental, bottom up, equity analysis. The investment process combines the skill of the adviser's macroeconomic analyst and fundamental equity research teams in a rigorous risk adjusted portfolio construction process.
The fund seeks to invest in those issuers that have above average potential for sales and earnings growth that are also trading at attractive market valuations. In selecting stocks, the adviser employs fundamental research and an evaluation of the issuer based on its financial statements and operations. The adviser relies on the knowledge, experience and judgment of its staff and the staff of its affiliates who have access to a wide variety of research. The adviser focuses on the quality and valuation of issuers and securities. The adviser generally sells a portfolio security when it believes that the issuer no longer offers the potential for above average earnings and sales growth. The adviser makes that determination based upon the same criteria it uses to select portfolio securities."
C000073573 Holdings
Top 10 holdings of Pioneer Global Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bank of America Corp | 4.43% |
| Alphabet Inc | 3.90% |
| Crh PLC | 3.85% |
| Cardinal Health Inc | 3.71% |
| Cisco Systems Inc | 3.50% |
| KB Financial Group Inc | 3.47% |
| Samsung Electronics Co Ltd | 3.23% |
| Amazon.com Inc | 3.03% |
| ABN AMRO Bank NV | 2.87% |
| Shell PLC | 2.79% |
C000073573 Portfolio Allocation
Asset-class allocation of Pioneer Global Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 1.6% |
C000073573 Performance
Total returns for C000073573 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 22.2% |
| 3 years (annualised) | 9.5% |
| 5 years (annualised) | 13.4% |
C000073573 Risk Information
Risk metrics for C000073573, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.3%
C000073573 Costs and Fees
C000073573 costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 0.89%
- Portfolio turnover: 52%
- Brokerage commissions: 10.26 bps of average net assets (SEC N-CEN)
C000073573 Cashflows
Over the 12 months to 2024-11, Pioneer Global Equity Fund had net inflows of $119.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-11 | $25.31M |
| 2024-10 | −$1.43M |
| 2024-09 | $738.43K |
| 2024-08 | −$1.40M |
| 2024-07 | $76.63K |
| 2024-06 | $2.83M |
C000073573 Debt Constituents
No individual debt constituents are reported in Pioneer Global Equity Fund's latest SEC N-PORT filing.
C000073573 Prospectus and SEC Filings
Official Pioneer Global Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-12-20
- Prospectus supplement (497) — filed 2024-04-01
- Prospectus supplement (497) — filed 2023-01-04
- Portfolio holdings (N-PORT) — filed 2025-01-23
- Portfolio holdings (N-PORT) — filed 2024-10-23
- Portfolio holdings (N-PORT) — filed 2024-07-25
- Annual census (N-CEN) — filed 2024-11-14
- Annual census (N-CEN) — filed 2023-11-13
Related Funds
Other Global (incl. US) Large Cap Value Equity 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.