C000123818 Fees and Costs — Pioneer Equity Income Fund, : Class K
Data updated: 2025-03-25
The net expense ratio is 0.68%: a 0.60% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $853K in broker commissions, 0.0698% of average net assets, and portfolio turnover was 59%.
C000123818 Fees and Expenses
Annual operating expenses and sales charges of C000123818. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| 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 |
C000123818 Costs Over Time
On $10,000 invested in C000123818, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.68%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $7 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $258 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
C000123818 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): 0.0698%
- Total broker commissions: $853K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
C000123818 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $234K | 34.85% |
| PIPER SANDLER & CO. | $164K | 24.45% |
| PERSHING LLC | $64K | 9.52% |
| WELLS FARGO SECURITIES, LLC | $41K | 6.12% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $41K | 6.07% |
| GOLDMAN SACHS & CO. LLC | $32K | 4.71% |
| J.P. Morgan Securities LLC | $31K | 4.66% |
| SANFORD C. BERNSTEIN & CO., LLC | $24K | 3.54% |
| STATE STREET GLOBAL MARKETS, LLC | $23K | 3.47% |
| EVERCORE GROUP L.L.C. | $18K | 2.62% |
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.