PGSVX Fees and Costs — Pioneer Global Sustainable Value Fund, : Class A
Data updated: 2025-02-26
The net expense ratio is 1.00%: a 0.65% management fee, a 0.25% 12b-1 fee plus 6.46% other expenses, less a 6.36% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2024 the fund paid $3K in broker commissions, 0.1069% of average net assets, and portfolio turnover was 57%.
PGSVX Fees and Expenses
Annual operating expenses and sales charges of PGSVX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 6.46% |
| Gross expense ratio | 7.36% |
| Fee waiver | −6.36% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
PGSVX Costs Over Time
On $10,000 invested in PGSVX, assuming 5% a year before costs, total costs come to $1,385 over 5 years, cutting the return by 2.38% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.00%) | $99 | $308 | $534 |
| Trading costs (broker commissions) | $11 | $33 | $57 |
| Lost growth on money paid in costs | $29 | $108 | $219 |
| Total costs | $713 | $1,024 | $1,385 |
| Value after costs | $9,787 | $10,552 | $11,378 |
| Impact on return, per year | 7.13% | 3.19% | 2.38% |
PGSVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1069%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $663K
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
PGSVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $582 | 23.92% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $473 | 19.44% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $250 | 10.28% |
| CitiGroup Global Markets Inc. | $197 | 8.10% |
| Berenberg Capital Markets LLC | $191 | 7.85% |
| Mizuho Securities USA LLC | $189 | 7.77% |
| MACQUARIE CAPITAL (USA), INC. | $174 | 7.15% |
| CLSA AMERICAS, LLC | $143 | 5.88% |
| TD SECURITIES (USA) LLC | $141 | 5.80% |
| CGS - CIMB SECURITIES (USA), INC. | $93 | 3.82% |
PGSVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $159K | 24.04% |
| BMO CAPITAL MARKETS CORP. | $155K | 23.32% |
| CitiGroup Global Markets Inc. | $110K | 16.56% |
| BNP PARIBAS SECURITIES CORP. | $109K | 16.46% |
| MORGAN STANLEY & CO. LLC | $55K | 8.28% |
| GOLDMAN SACHS & CO. LLC | $36K | 5.38% |
| WELLS FARGO SECURITIES, LLC | $25K | 3.76% |
| INSTINET, LLC | $15K | 2.21% |
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.