Pioneer Core Equity Fund
Data updated: 2025-03-14
C000202493 — Pioneer Core Equity Fund. United States Large Cap Blend / Core Equity · $1.90B AUM. Holdings, fees, performance and SEC filings.
C000202493 Fund Overview
Pioneer Core Equity Fund is a US mutual fund managed by Pioneer Series Trust XI, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Pioneer Series Trust XI
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $1.90B
- 1-year return: 14.6%
- SEC CIK: 0000078758
- SEC series ID: S000010136
- Share class ID: C000202493
C000202493 Investment Objective and Strategy
Pioneer Core Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pioneer Series Trust XI.
Investment objective
Long-term capital growth.
Principal investment strategy
"Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities, primarily of U.S. issuers. For purposes of the fund's investment policies, equity securities include common stocks and other equity instruments, such as funds that invest primarily in equity securities, equity interests in real estate investment trusts (REITs), preferred stocks, depositary receipts, rights and warrants. The fund may invest in initial public offerings of equity securities. The fund may invest up to 20% of its total assets in securities of non-U.S. issuers, including up to 5% of its total assets in the securities of emerging markets issuers. The fund may invest in debt securities. Generally, the fund acquires investment grade debt securities, but the fund may invest up to 5% of its net assets in below investment grade debt securities (known as ""junk bonds""), including below investment grade convertible debt securities.
The fund may, but is not required to, use derivatives. The fund may use derivatives, such as futures and options, for a variety of purposes, including in an attempt to hedge against adverse changes in the market price of securities, interest rates or currency exchange rates; as a substitute for purchasing or selling securities; to increase the fund's return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique. The fund may choose not to make use of derivatives for a variety of reasons, and any use may be limited by applicable law and regulations. The fund may also hold cash and other short-term investments. The fund's investment adviser uses a quality and valuation-conscious approach to select the fund's investments based upon the recommendations of the adviser's research team.
The adviser selects securities that are buy-rated by the research team and selling at reasonable prices or substantial discounts to their underlying values. The research team then constructs a portfolio that is reflective of its best ideas across the team. The research team seeks to identify securities that provide a favorable risk/reward outcome relative to the benchmark index based on the research analyst's fundamental research and valuation. A security may be sold if the research team's assessment of company fundamentals deteriorates or the security price reaches its valuation target. The adviser's research team evaluates a security's potential value based on the company's quality, growth, risk, and prospects for future economic profit growth. In making that assessment, it employs due diligence and fundamental research, and an evaluation of the issuer based on its financial statements and operations.
The research team focuses on the quality and price of individual issuers, not on market-timing strategies. The fund's portfolio includes securities from a broad range of market sectors that have received favorable rankings from the research team."
C000202493 Holdings
Top 10 holdings of Pioneer Core Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet Inc | 7.43% |
| Amazon.com Inc | 6.82% |
| Microsoft Corp | 5.61% |
| IBM | 4.48% |
| Cisco Systems Inc | 4.40% |
| State Street Corp | 3.64% |
| Keysight Technologies Inc | 3.31% |
| Advanced Micro Devices Inc | 3.23% |
| Bank of America Corp | 2.97% |
| Union Pacific Corp | 2.76% |
C000202493 Portfolio Allocation
Asset-class allocation of Pioneer Core Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.3% |
C000202493 Performance
Total returns for C000202493 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.6% |
| 3 years (annualised) | 4.1% |
| 5 years (annualised) | 11.5% |
C000202493 Risk Information
Risk metrics for C000202493, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.1%
C000202493 Costs and Fees
C000202493 costs about $58 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.58%
- Gross expense ratio: 0.58%
- Portfolio turnover: 106%
- Brokerage commissions: 3.31 bps of average net assets (SEC N-CEN)
C000202493 Cashflows
Over the 12 months to 2024-12, Pioneer Core Equity Fund had net outflows of $60.50M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | $2.49M |
| 2024-11 | $70.56M |
| 2024-10 | −$13.77M |
| 2024-09 | −$11.88M |
| 2024-08 | −$13.33M |
| 2024-07 | −$10.51M |
C000202493 Debt Constituents
No individual debt constituents are reported in Pioneer Core Equity Fund's latest SEC N-PORT filing.
C000202493 Prospectus and SEC Filings
Official Pioneer Core Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-25
- Prospectus (485BPOS) — filed 2023-04-26
- Prospectus (485BPOS) — filed 2022-04-27
- Portfolio holdings (N-PORT) — filed 2025-02-25
- Portfolio holdings (N-PORT) — filed 2024-11-25
- Portfolio holdings (N-PORT) — filed 2024-08-23
- Annual census (N-CEN) — filed 2025-03-14
- Annual census (N-CEN) — filed 2024-03-14
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.