C000212650 Fees and Costs — Pioneer Emerging Markets Equity Fund
Data updated: 2024-02-28
The net expense ratio is 2.96%: a 0.60% management fee plus 2.36% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $5K in broker commissions, 0.0392% of average net assets, and portfolio turnover was 53%.
C000212650 Fees and Expenses
Annual operating expenses and sales charges of C000212650. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.36% |
| Gross expense ratio | 2.96% |
| Fee waiver | — |
| Net expense ratio | 2.96% |
| 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 | Yes |
| Waived fees subject to recoupment | No |
C000212650 Costs Over Time
On $10,000 invested in C000212650, assuming 5% a year before costs, total costs come to $1,802 over 5 years, cutting the return by 3.15% 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 2.96%) | $311 | $950 | $1,613 |
| Trading costs (broker commissions) | $4 | $13 | $21 |
| Lost growth on money paid in costs | $0 | $48 | $169 |
| Total costs | $315 | $1,011 | $1,802 |
| Value after costs | $10,185 | $10,566 | $10,960 |
| Impact on return, per year | 3.15% | 3.15% | 3.15% |
C000212650 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0392%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000212650 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1K | 27.36% |
| MORGAN STANLEY & CO. LLC | $986 | 23.16% |
| CITIGROUP GLOBAL MARKETS INC. | $509 | 11.95% |
| J.P. Morgan Securities LLC | $373 | 8.76% |
| CLSA AMERICAS, LLC | $257 | 6.04% |
| BNP Paribas Securities Corp. | $242 | 5.68% |
| GOLDMAN SACHS & CO. LLC | $225 | 5.28% |
| SG AMERICAS SECURITIES LLC | $195 | 4.58% |
| MACQUARIE CAPITAL (USA), INC. | $155 | 3.64% |
| UBS Securities LLC | $151 | 3.55% |
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.