C000115405 Fees and Costs — Pioneer Fundamental Growth Fund, : Class R
Data updated: 2025-02-26
The net expense ratio is 1.39%: a 0.61% management fee, a 0.50% 12b-1 fee plus 0.28% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $361K in broker commissions, 0.0057% of average net assets, and portfolio turnover was 15%.
C000115405 Fees and Expenses
Annual operating expenses and sales charges of C000115405. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.39% |
| Fee waiver | — |
| Net expense ratio | 1.39% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000115405 Costs Over Time
On $10,000 invested in C000115405, assuming 5% a year before costs, total costs come to $866 over 5 years, cutting the return by 1.47% 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 1.39%) | $146 | $454 | $783 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $478 | $866 |
| Value after costs | $10,353 | $11,098 | $11,897 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
C000115405 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): 0.0057%
- Total broker commissions: $361K
- Bought from dealers (principal trades, not a cost): $16.1B
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
C000115405 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $120K | 37.73% |
| PIPER SANDLER & CO. | $74K | 23.48% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $29K | 9.25% |
| GOLDMAN SACHS & CO. LLC | $29K | 9.20% |
| TD SECURITIES (USA) LLC | $16K | 4.93% |
| STATE STREET GLOBAL MARKETS, LLC | $12K | 3.75% |
| JEFFERIES LLC | $11K | 3.46% |
| BARCLAYS CAPITAL, INC. | $10K | 3.15% |
| SANFORD C. BERNSTEIN & CO., LLC | $9K | 2.85% |
| CITIGROUP GLOBAL MARKETS INC. | $7K | 2.19% |
C000115405 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $15.9B | 98.64% |
| J.P. Morgan Securities LLC | $73.3M | 0.46% |
| GOLDMAN SACHS & CO. LLC | $72.3M | 0.45% |
| CitiGroup Global Markets Inc. | $34.7M | 0.22% |
| BARCLAYS CAPITAL, INC. | $19.9M | 0.12% |
| TD Securities (USA) LLC | $18.6M | 0.12% |
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.