CBPRX Fees and Costs — Pioneer Balanced ESG Fund, : Class R
Data updated: 2025-03-25
The net expense ratio is 1.30%: a 0.50% management fee, a 0.50% 12b-1 fee plus 0.29% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $73K in broker commissions, 0.0177% of average net assets, and portfolio turnover was 33%.
CBPRX Fees and Expenses
Annual operating expenses and sales charges of CBPRX. Prospectus, as of November 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| 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 |
CBPRX Costs Over Time
On $10,000 invested in CBPRX, assuming 5% a year before costs, total costs come to $819 over 5 years, cutting the return by 1.38% 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 1.30%) | $136 | $424 | $734 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $452 | $819 |
| Value after costs | $10,362 | $11,125 | $11,944 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
CBPRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0177%
- Total broker commissions: $73K
- Bought from dealers (principal trades, not a cost): $756.8M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
CBPRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $23K | 35.21% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $13K | 19.24% |
| CitiGroup Global Markets Inc. | $10K | 15.46% |
| MACQUARIE CAPITAL (USA), INC. | $6K | 8.73% |
| Mizuho Securities USA LLC | $3K | 4.65% |
| PIPER SANDLER & CO. | $3K | 3.92% |
| Jefferies LLC | $2K | 3.62% |
| INTERMONTE PARTNERS SIM S.P.A. | $2K | 3.60% |
| SANFORD C. BERNSTEIN & CO., LLC | $2K | 2.84% |
| Goodbody Securities, Inc. | $2K | 2.72% |
CBPRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $97.4M | 13.81% |
| MORGAN STANLEY & CO. LLC | $91.6M | 12.99% |
| J.P. Morgan Securities LLC | $89.7M | 12.72% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $80.3M | 11.38% |
| BARCLAYS CAPITAL, INC. | $73.6M | 10.43% |
| CitiGroup Global Markets Inc. | $67.6M | 9.59% |
| BNP PARIBAS SECURITIES CORP. | $63.5M | 9.00% |
| BMO CAPITAL MARKETS CORP. | $51.6M | 7.32% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $47.7M | 6.76% |
| Mizuho Securities USA LLC | $42.5M | 6.03% |
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.