SUGAX Fees and Costs — Pioneer Global Sustainable Growth 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 6.09% other expenses, less a 5.99% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2024 the fund paid $871 in broker commissions, 0.0325% of average net assets, and portfolio turnover was 21%.
SUGAX Fees and Expenses
Annual operating expenses and sales charges of SUGAX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 6.09% |
| Gross expense ratio | 6.99% |
| Fee waiver | −5.99% |
| 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 |
SUGAX Costs Over Time
On $10,000 invested in SUGAX, assuming 5% a year before costs, total costs come to $1,342 over 5 years, cutting the return by 2.31% 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 | $309 | $535 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $29 | $106 | $215 |
| Total costs | $706 | $1,000 | $1,342 |
| Value after costs | $9,794 | $10,576 | $11,421 |
| Impact on return, per year | 7.06% | 3.12% | 2.31% |
SUGAX 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): 0.0325%
- Total broker commissions: $871
- Bought from dealers (principal trades, not a cost): $1.0M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
SUGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $119 | 15.22% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $119 | 15.22% |
| Mizuho Securities USA LLC | $104 | 13.30% |
| INSTINET, LLC | $79 | 10.10% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $72 | 9.21% |
| Berenberg Capital Markets LLC | $71 | 9.08% |
| BARCLAYS CAPITAL, INC. | $70 | 8.95% |
| CGS - CIMB SECURITIES (USA), INC. | $57 | 7.29% |
| Pershing LLC | $57 | 7.29% |
| CLSA AMERICAS, LLC | $34 | 4.35% |
SUGAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $324K | 31.19% |
| BNP PARIBAS SECURITIES CORP. | $260K | 25.03% |
| J.P. Morgan Securities LLC | $164K | 15.83% |
| GOLDMAN SACHS & CO. LLC | $146K | 14.05% |
| CitiGroup Global Markets Inc. | $85K | 8.15% |
| WELLS FARGO SECURITIES, LLC | $60K | 5.75% |
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.