C000088499 Fees and Costs — Pioneer Equity Premium Income Fund, : Class A Shares
Data updated: 2025-03-25
The net expense ratio is 1.20%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.45% other expenses, less a 0.20% fee waiver. This share class carries a maximum front-end sales load of 4.50%. In fiscal 2024 the fund paid $169K in broker commissions, 0.1355% of average net assets, and portfolio turnover was 114%.
C000088499 Fees and Expenses
Annual operating expenses and sales charges of C000088499. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.40% |
| Fee waiver | −0.20% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
C000088499 Costs Over Time
On $10,000 invested in C000088499, assuming 5% a year before costs, total costs come to $1,367 over 5 years, cutting the return by 2.35% 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 1.20%) | $120 | $374 | $647 |
| Trading costs (broker commissions) | $14 | $42 | $73 |
| Lost growth on money paid in costs | $22 | $92 | $197 |
| Total costs | $606 | $958 | $1,367 |
| Value after costs | $9,894 | $10,618 | $11,396 |
| Impact on return, per year | 6.06% | 2.98% | 2.35% |
C000088499 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1355%
- Total broker commissions: $169K
- Bought from dealers (principal trades, not a cost): $112.4M
- Portfolio turnover (prospectus): 114%
- Securities lending: none during the year
C000088499 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $53K | 36.17% |
| CITIGROUP GLOBAL MARKETS INC. | $27K | 18.12% |
| BNP Paribas Securities Corp. | $14K | 9.69% |
| PIPER SANDLER & CO. | $12K | 8.31% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $9K | 6.26% |
| J.P. Morgan Securities LLC | $8K | 5.72% |
| GOLDMAN SACHS & CO. LLC | $7K | 4.80% |
| SANFORD C. BERNSTEIN & CO., LLC | $7K | 4.60% |
| CGS - CIMB SECURITIES (USA), INC. | $5K | 3.35% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $4K | 2.99% |
C000088499 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP PARIBAS SECURITIES CORP. | $15.6M | 16.51% |
| J.P. Morgan Securities LLC | $15.5M | 16.36% |
| GOLDMAN SACHS & CO. LLC | $10.6M | 11.25% |
| TD SECURITIES (USA) LLC | $10.4M | 11.03% |
| Mizuho Securities USA LLC | $8.4M | 8.93% |
| CitiGroup Global Markets Inc. | $7.5M | 7.89% |
| RBC CAPITAL MARKETS, LLC | $7.0M | 7.37% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $6.9M | 7.31% |
| CIBC WORLD MARKETS CORP. | $6.7M | 7.11% |
| HSBC SECURITIES (USA), INC. | $5.9M | 6.22% |
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.