PRGEX Fees and Costs — Pioneer Global Sustainable Equity Fund, : Class R
Data updated: 2025-01-23
The net expense ratio is 1.55%: a 0.65% management fee, a 0.50% 12b-1 fee plus 0.40% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $483K in broker commissions, 0.1026% of average net assets, and portfolio turnover was 52%.
PRGEX Fees and Expenses
Annual operating expenses and sales charges of PRGEX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.55% |
| Fee waiver | — |
| Net expense ratio | 1.55% |
| 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 |
PRGEX Costs Over Time
On $10,000 invested in PRGEX, assuming 5% a year before costs, total costs come to $1,020 over 5 years, cutting the return by 1.74% 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 1.55%) | $163 | $504 | $869 |
| Trading costs (broker commissions) | $11 | $33 | $57 |
| Lost growth on money paid in costs | $0 | $27 | $94 |
| Total costs | $174 | $564 | $1,020 |
| Value after costs | $10,326 | $11,012 | $11,743 |
| Impact on return, per year | 1.74% | 1.74% | 1.74% |
PRGEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1026%
- Total broker commissions: $483K
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
PRGEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $71K | 20.01% |
| PIPER SANDLER & CO. | $70K | 19.88% |
| CITIGROUP GLOBAL MARKETS INC. | $54K | 15.35% |
| SAMSUNG SECURITIES (AMERICA), INC. | $39K | 10.96% |
| TD SECURITIES (USA) LLC | $34K | 9.51% |
| MIZUHO SECURITIES USA LLC | $19K | 5.25% |
| UBS Securities LLC | $17K | 4.88% |
| MACQUARIE CAPITAL (USA), INC. | $17K | 4.78% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $17K | 4.73% |
| BARCLAYS CAPITAL, INC. | $16K | 4.65% |
PRGEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $387K | 38.72% |
| GOLDMAN SACHS & CO. LLC | $374K | 37.35% |
| CitiGroup Global Markets Inc. | $239K | 23.92% |
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.