C000099384 Fees and Costs — Pioneer Multi-Asset Ultrashort Income Fund, : Class A
Data updated: 2025-02-26
The net expense ratio is 0.60%: a 0.31% management fee, a 0.20% 12b-1 fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $3K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 57%.
C000099384 Fees and Expenses
Annual operating expenses and sales charges of C000099384. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.31% |
| 12b-1 fee | 0.20% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
C000099384 Costs Over Time
On $10,000 invested in C000099384, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000099384 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $134.7B
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
C000099384 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $3K | 100.00% |
C000099384 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $32.7B | 26.93% |
| TD SECURITIES (USA) LLC | $15.2B | 12.53% |
| RBC CAPITAL MARKETS LLC | $12.9B | 10.59% |
| SCOTIA CAPITAL (USA), INC. | $11.7B | 9.66% |
| BARCLAYS CAPITAL, INC. | $11.1B | 9.12% |
| J.P. Morgan Securities LLC | $10.2B | 8.44% |
| WELLS FARGO SECURITIES, LLC | $8.8B | 7.27% |
| GOLDMAN SACHS & CO. LLC | $8.0B | 6.61% |
| Mizuho Securities USA LLC | $6.3B | 5.18% |
| CitiGroup Global Markets Inc. | $4.5B | 3.69% |
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.