C000156004 Fees and Costs — Pioneer Mid Cap Value Fund, : Class K
Data updated: 2025-03-25
The net expense ratio is 0.88%: a 0.76% management fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $289K in broker commissions, 0.0404% of average net assets, and portfolio turnover was 33%.
C000156004 Fees and Expenses
Annual operating expenses and sales charges of C000156004. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.88% |
| Fee waiver | — |
| Net expense ratio | 0.88% |
| 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 |
C000156004 Costs Over Time
On $10,000 invested in C000156004, assuming 5% a year before costs, total costs come to $577 over 5 years, cutting the return by 0.97% 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 0.88%) | $92 | $289 | $501 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $577 |
| Value after costs | $10,403 | $11,260 | $12,186 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
C000156004 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): 0.0404%
- Total broker commissions: $289K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
C000156004 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $61K | 25.51% |
| PIPER SANDLER & CO. | $40K | 16.75% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $24K | 9.95% |
| SG AMERICAS SECURITIES LLC | $23K | 9.45% |
| GOLDMAN SACHS & CO. LLC | $22K | 9.43% |
| WELLS FARGO SECURITIES, LLC | $19K | 8.06% |
| EVERCORE GROUP L.L.C. | $19K | 7.90% |
| J.P. Morgan Securities LLC | $12K | 4.92% |
| TD SECURITIES (USA) LLC | $10K | 4.06% |
| JEFFERIES LLC | $9K | 3.96% |
C000156004 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| OPPENHEIMER & CO. INC. | $1.5M | 100.00% |
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.