C000200524 Fees and Costs — Pioneer Equity Premium Income Fund, : Class K
Data updated: 2025-03-25
The net expense ratio is 0.90%: a 0.70% management fee plus 0.35% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $169K in broker commissions, 0.1355% of average net assets, and portfolio turnover was 114%.
C000200524 Fees and Expenses
Annual operating expenses and sales charges of C000200524. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.90% |
| 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 |
C000200524 Costs Over Time
On $10,000 invested in C000200524, assuming 5% a year before costs, total costs come to $647 over 5 years, cutting the return by 1.09% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $14 | $44 | $77 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $109 | $356 | $647 |
| Value after costs | $10,391 | $11,220 | $12,116 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
C000200524 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
C000200524 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% |
C000200524 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.