Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.6%
1 yr return
13.5%
3 Yr Avg Return
2.8%
5 Yr Avg Return
7.2%
Net Assets
$423 M
Holdings in Top 10
23.7%
52 WEEK LOW AND HIGH
$10.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.27%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CBPRX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.81%
- Dividend Yield 3.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePioneer Balanced ESG Fund
-
Fund Family NamePioneer Investments
-
Inception DateDec 19, 1991
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWalter Hunnewell
Fund Description
The fund’s investment adviser allocates the fund's assets between equity and debt securities based on its assessment of current business, economic and market conditions. Normally, equity and debt securities each represent 35% to 65% of the fund's net assets. Equity securities in which the fund may invest include common stocks and securities with common stock characteristics, such as equity interests in real estate investment trusts (REITs), securities of other investment companies (including mutual funds, exchange-traded funds and closed-end funds) that invest primarily in equity securities, and preferred stocks. Debt securities in which the fund may invest include instruments and obligations of U.S. and non-U.S. corporate and other non-governmental entities, those of U.S. and non-U.S. governmental entities, mortgage-related or mortgage-backed securities (including “sub-prime”mortgages), asset-backed securities, municipal securities, floating rate loans, debt convertible to equity securities, subordinated debt securities, insurance-linked securities, securities of other investment companies (including mutual funds, exchange-traded funds and closed-end funds) that invest primarily in debt securities, short-term debt securities, cash and cash equivalents.The fund applies environmental, social and governance (ESG) criteria to its investments. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of issuers that the investment adviser believes adhere to the fund’s ESG criteria.For purposes of the 80% investment policy, “ESG criteria” is defined as the exclusion of investments issued by companies significantly involved in the production of alcohol, tobacco products, and controversial military weapons consisting of cluster weapons, anti-personnel mines, and biological and chemical weapons, and the operation of coal mines and gambling casinos and other gaming businesses.The fund may invest in debt securities of any maturity. The maturity of a fixed income security is a measure of the time remaining until final payment on the security is due. Debt securities in which the fund invests may have fixed or variable principal payments and all types of interest rate payment and reset terms, including fixed rate, adjustable rate, floating rate, inverse floating rate, zero coupon, contingent, deferred, payment in kind and auction rate features.The fund's investments in mortgage-related securities may include instruments, the underlying assets of which allow for balloon payments (where a substantial portion of a mortgage loan balance is paid at maturity, which can shorten the average life of the mortgage-backed instrument) or negative amortization payments (where as a result of a payment cap, payments on a mortgage loan are less than the amount of principal and interest owed, with excess amounts added to the outstanding principal balance, which can extend the average life of the mortgage-backed instrument).The fund may invest up to 20% of its net assets in debt securities that are below investment grade (also known as “junk bonds”), including convertible debt. The fund may invest up to 20% of its net assets in real estate investment trusts (REITs).The fund may invest up to 25% of its total assets in equity and debt securities of non-U.S. issuers. The fund will not invest more than 5% of its total assets in the securities of emerging markets issuers.The fund may, but is not required to, use derivatives, such as credit default swaps. The fund may use derivatives for a variety of purposes, including: in an attempt to hedge against adverse changes in the market price of securities, interest rates or currency exchange rates; as a substitute for purchasing or selling securities; to attempt to increase the fund's return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique. The fund may choose not to make use of derivatives for a variety of reasons, and any use may be limited by applicable law and regulations. The fund may also hold cash or other short-term investments.In selecting equity securities to buy and sell, the fund’s investment adviser uses a value approach to select the fund’s investments. Using this investment style, and considering ESG factors, the adviser seeks securities selling at reasonable prices or substantial discounts to their underlying values with a goal of holding these securities until the market values reflect their intrinsic values.In selecting debt securities to buy and sell, the adviser considers both broad economic and issuer specific factors. The adviser also considers ESG factors. In assessing the appropriate maturity, credit quality and sector weighting of the fund's portfolio, the adviser considers a variety of factors that are expected to influence economic activity and interest rates. The adviser selects individual securities to buy and sell based upon such factors as a security’s yield, liquidity and rating, an assessment of credit quality, and sector and issuer diversification.The adviser considers environmental, social and/or corporate governance (ESG) factors in selecting securities to buy and sell. In addition to excluding investments based on the fund’s ESG criteria, the adviser integrates ESG analysis into its investment process by focusing on companies with sustainable business models and evaluating ESG-related risks as part of its research recommendations. A company may demonstrate a sustainable business model by having a durable competitive and financial position expected to continue to create shareholder value, and offering products and services through ethical and sound business practices and the responsible use of resources.The adviser also employs a system of ESG ratings provided by third parties or internal sources. When evaluating issuers for these purposes, the adviser considers ESG information in the context of an issuer’s respective sector or industry. The adviser considers these ratings in making ESG evaluations, including in seeking to avoid investing in companies that present the most ESG risk, as indicated by the ratings. ESG-related concerns in one area might not automatically eliminate an issuer from being an eligible investment for the fund. Subject to the fund’s 80% policy, the adviser may consider whether an issuer’s ESG policies or practices are improving in making ESG evaluations.In addition to the fund's 80% policy, the adviser generally will not invest fund assets in (i) companies that the adviser determines have significant involvement in the manufacturing of complete tobacco products, (ii) companies engaged in the production, sale, storage of, or providing services for, certain controversial weapons, including chemical, biological and depleted uranium weapons and certain antipersonnel mines and cluster bombs, (iii) companies developing or planning to develop new thermal coal capacities, companies generating more than 20% of their revenue from thermal coal mining extraction, companies with annual thermal coal extraction of 70MT or more without intention to reduce, or companies with revenue in thermal coal mining extraction and thermal coal power generation that exceeds 50% of their revenue, or (iv) issuers that violate, repeatedly and seriously, one or more of the ten principles of the UN Global Compact, without credible corrective action.
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CBPRX - Performance
Return Ranking - Trailing
| Period | CBPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.6% | -2.1% | 22.4% | 27.55% |
| 1 Yr | 13.5% | -10.7% | 37.8% | 16.36% |
| 3 Yr | 2.8%* | -7.5% | 7.9% | 26.06% |
| 5 Yr | 7.2%* | -4.7% | 13.9% | 26.22% |
| 10 Yr | N/A* | 0.5% | 10.6% | 35.76% |
* Annualized
Return Ranking - Calendar
| Period | CBPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.2% | -12.2% | 23.9% | 22.08% |
| 2022 | -17.1% | -34.7% | 0.0% | 32.95% |
| 2021 | 5.9% | -11.9% | 18.1% | 44.40% |
| 2020 | 8.0% | -20.9% | 39.7% | 45.13% |
| 2019 | 15.1% | 0.8% | 25.7% | 34.18% |
Total Return Ranking - Trailing
| Period | CBPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.6% | -2.1% | 22.4% | 27.55% |
| 1 Yr | 13.5% | -10.7% | 37.8% | 16.36% |
| 3 Yr | 2.8%* | -7.5% | 7.9% | 26.06% |
| 5 Yr | 7.2%* | -4.7% | 13.9% | 26.22% |
| 10 Yr | N/A* | 0.5% | 10.6% | 33.61% |
* Annualized
Total Return Ranking - Calendar
| Period | CBPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.3% | -12.2% | 26.8% | 30.66% |
| 2022 | -14.9% | -29.0% | 10.9% | 48.22% |
| 2021 | 14.7% | -3.0% | 24.2% | 31.56% |
| 2020 | 12.1% | -19.5% | 40.6% | 55.80% |
| 2019 | 21.5% | 4.4% | 32.7% | 25.12% |
NAV & Total Return History
CBPRX - Holdings
Concentration Analysis
| CBPRX | Category Low | Category High | CBPRX % Rank | |
|---|---|---|---|---|
| Net Assets | 423 M | 789 K | 217 B | 67.03% |
| Number of Holdings | 625 | 2 | 15716 | 19.56% |
| Net Assets in Top 10 | 98 M | 618 K | 62.8 B | 74.76% |
| Weighting of Top 10 | 23.68% | 11.4% | 121.1% | 82.25% |
Top 10 Holdings
- Alphabet Inc 5.02%
- Microsoft Corp 3.95%
- Advanced Micro Devices Inc 2.29%
- United States Treasury Note/Bond 2.02%
- Eli Lilly Co 1.96%
- Visa Inc 1.82%
- Medtronic PLC 1.71%
- United States Treasury Bill 1.69%
- Cardinal Health Inc 1.66%
- Adobe Inc 1.56%
Asset Allocation
| Weighting | Return Low | Return High | CBPRX % Rank | |
|---|---|---|---|---|
| Stocks | 62.38% | 0.00% | 103.09% | 62.97% |
| Bonds | 36.28% | 0.00% | 77.27% | 18.72% |
| Other | 1.84% | -42.80% | 117.44% | 15.81% |
| Convertible Bonds | 1.15% | 0.00% | 23.84% | 19.13% |
| Cash | 0.59% | -10.21% | 100.00% | 68.24% |
| Preferred Stocks | 0.30% | 0.00% | 23.88% | 9.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CBPRX % Rank | |
|---|---|---|---|---|
| Technology | 19.16% | 0.00% | 44.21% | 53.22% |
| Healthcare | 16.40% | 0.00% | 29.35% | 14.43% |
| Financial Services | 15.01% | 0.00% | 38.77% | 44.96% |
| Industrials | 11.07% | 0.00% | 24.37% | 34.45% |
| Consumer Cyclical | 10.50% | 0.00% | 19.36% | 41.04% |
| Communication Services | 8.46% | 0.00% | 38.10% | 21.29% |
| Energy | 7.15% | 0.00% | 85.65% | 21.01% |
| Consumer Defense | 6.58% | 0.00% | 15.14% | 51.82% |
| Basic Materials | 3.14% | 0.00% | 33.35% | 71.43% |
| Real Estate | 2.53% | 0.00% | 65.01% | 69.75% |
| Utilities | 0.00% | 0.00% | 99.55% | 95.80% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CBPRX % Rank | |
|---|---|---|---|---|
| US | 59.63% | 0.00% | 103.09% | 67.27% |
| Non US | 2.74% | 0.00% | 38.68% | 19.56% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | CBPRX % Rank | |
|---|---|---|---|---|
| Securitized | 46.29% | 0.00% | 92.13% | 1.96% |
| Corporate | 24.71% | 0.00% | 98.21% | 70.11% |
| Government | 9.03% | 0.00% | 97.26% | 85.20% |
| Cash & Equivalents | 0.59% | 0.00% | 100.00% | 63.11% |
| Municipal | 0.27% | 0.00% | 24.80% | 42.32% |
| Derivative | 0.16% | -3.07% | 46.02% | 16.92% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | CBPRX % Rank | |
|---|---|---|---|---|
| US | 36.28% | 0.00% | 77.27% | 18.03% |
| Non US | 0.00% | 0.00% | 14.17% | 53.40% |
CBPRX - Expenses
Operational Fees
| CBPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.27% | 0.03% | 17.63% | 32.04% |
| Management Fee | 0.50% | 0.00% | 1.83% | 55.59% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 63.72% |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| CBPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| CBPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CBPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 54.00% | 0.00% | 343.00% | 63.35% |
CBPRX - Distributions
Dividend Yield Analysis
| CBPRX | Category Low | Category High | CBPRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.98% | 0.00% | 18.11% | 72.00% |
Dividend Distribution Analysis
| CBPRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| CBPRX | Category Low | Category High | CBPRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.81% | -2.34% | 19.41% | 67.37% |
Capital Gain Distribution Analysis
| CBPRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 21, 2024 | $0.030 | OrdinaryDividend |
| Dec 22, 2023 | $0.078 | OrdinaryDividend |
| Sep 14, 2023 | $0.030 | OrdinaryDividend |
| Jun 15, 2023 | $0.030 | OrdinaryDividend |
| Mar 16, 2023 | $0.040 | OrdinaryDividend |
| Dec 27, 2022 | $0.051 | OrdinaryDividend |
| Sep 15, 2022 | $0.030 | OrdinaryDividend |
| Jun 16, 2022 | $0.020 | OrdinaryDividend |
| Mar 17, 2022 | $0.010 | OrdinaryDividend |
| Dec 28, 2021 | $0.044 | OrdinaryDividend |
| Sep 16, 2021 | $0.030 | OrdinaryDividend |
| Jun 17, 2021 | $0.010 | OrdinaryDividend |
| Mar 18, 2021 | $0.020 | OrdinaryDividend |
| Dec 28, 2020 | $0.020 | OrdinaryDividend |
| Sep 17, 2020 | $0.030 | OrdinaryDividend |
| Jun 18, 2020 | $0.030 | OrdinaryDividend |
| Mar 19, 2020 | $0.030 | OrdinaryDividend |
| Dec 27, 2019 | $0.035 | OrdinaryDividend |
| Nov 26, 2019 | $0.389 | OrdinaryDividend |
| Sep 19, 2019 | $0.030 | OrdinaryDividend |
| Jun 20, 2019 | $0.020 | OrdinaryDividend |
| Mar 21, 2019 | $0.040 | OrdinaryDividend |
| Dec 21, 2018 | $0.044 | OrdinaryDividend |
| Sep 20, 2018 | $0.030 | OrdinaryDividend |
| Jun 21, 2018 | $0.040 | OrdinaryDividend |
| Mar 22, 2018 | $0.040 | OrdinaryDividend |
| Dec 21, 2017 | $0.027 | OrdinaryDividend |
| Sep 21, 2017 | $0.040 | OrdinaryDividend |
| Jun 22, 2017 | $0.040 | OrdinaryDividend |
| Mar 23, 2017 | $0.030 | OrdinaryDividend |
| Dec 28, 2016 | $0.050 | OrdinaryDividend |
| Sep 16, 2015 | $0.040 | OrdinaryDividend |
CBPRX - Fund Manager Analysis
Managers
Walter Hunnewell
Start Date
Tenure
Tenure Rank
Sep 23, 2005
16.7
16.7%
Mr. Hunnewell, Vice President of Amundi Pioneer, joined Amundi Pioneer in August 2001 and has been a portfolio manager of the fund since 2005.
Bradley Komenda
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Brad Komenda is Senior Vice President, Portfolio Manager, and Deputy Director of Investment Grade Corporates, based in Boston. As Deputy Director of Investment Grade Corporates, he helps lead a team that supports the management of high-grade credit exposure across all fixed income portfolios managed by Amundi Pioneer, including crossover and high-grade CDS exposure. He is a member of teams managing stand-alone long duration and high-grade credit strategies, including portfolios with ESG mandates. Prior to joining Amundi Pioneer in 2008, Brad spent ten years as an Investment Grade and High Yield Analyst at Columbia Management. He began his career with General Electric Capital and Assurance as an investment grade and high yield research associate where he worked for five years. He holds a B.A. in Accounting and Business Administration from Central Washington University (1991). He is a CFA® charterholder.
Lawrence Zeno
Start Date
Tenure
Tenure Rank
Jun 08, 2018
3.98
4.0%
Mr. Zeno, Vice President of Amundi Pioneer, joined Amundi Pioneer in 2001 as a specialist in mortgage-backed securities.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 34.51 | 6.34 | 2.41 |