PIDCX: Pioneer Solutions Balanced C

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

PIDCX Pioneer Solutions Balanced C


Profile

PIDCX - Profile

Vitals

  • YTD Return -2.5%
  • 3 Yr Annualized Return -3.0%
  • 5 Yr Annualized Return -3.2%
  • Net Assets $383 M
  • Holdings in Top 10 97.4%

52 WEEK LOW AND HIGH

$10.02
$7.73
$10.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.19%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 44.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return -2.5%
  • 3 Yr Annualized Total Return -3.0%
  • 5 Yr Annualized Total Return -3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Pioneer Solutions - Balanced Fund
  • Fund Family Name
    Pioneer Investments
  • Inception Date
    Aug 09, 2004
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kenneth Taubes

Fund Description

The fund is a "fund of funds." It seeks to achieve its investment objectives by primarily investing in other funds. It invests mainly in funds managed by Amundi Pioneer or one of its affiliates. The fund may also invest in securities of unaffiliated mutual funds or exchange-traded funds (ETFs) when the desired economic exposure to a particular asset category or investment strategy is not available through a Pioneer fund. The fund may also invest directly in securities.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

PIDCX - Performance

Return Ranking - Trailing

Period PIDCX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -25.3% 11.4% 57.39%
1 Yr -1.8% -20.0% 15.9% 58.62%
3 Yr -3.0%* -12.2% 4.3% 76.58%
5 Yr -3.2%* -8.5% 25.5% 77.86%
10 Yr 0.8%* -2.3% 13.0% 58.57%

* Annualized

Return Ranking - Calendar

Period PIDCX Return Category Return Low Category Return High Rank in Category (%)
2019 7.8% -10.1% 25.8% 80.59%
2018 -16.5% -24.2% 0.0% 89.02%
2017 10.4% -2.9% 18.5% 46.31%
2016 1.1% -17.0% 209.2% 78.91%
2015 -11.4% -19.9% -0.2% 85.19%

Total Return Ranking - Trailing

Period PIDCX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -25.3% 11.4% 57.39%
1 Yr -1.8% -20.0% 15.9% 58.62%
3 Yr -3.0%* -12.2% 5.5% 89.24%
5 Yr -3.2%* -8.5% 28.6% 93.57%
10 Yr 0.8%* -2.3% 17.1% 91.43%

* Annualized

Total Return Ranking - Calendar

Period PIDCX Return Category Return Low Category Return High Rank in Category (%)
2019 7.8% -10.1% 25.8% 80.59%
2018 -16.5% -24.2% 0.0% 93.29%
2017 10.4% 0.0% 20.3% 71.14%
2016 1.1% -6.1% 216.9% 85.03%
2015 -11.4% -19.5% 3.5% 90.37%

NAV & Total Return History


Holdings

PIDCX - Holdings

Concentration Analysis

PIDCX Category Low Category High PIDCX % Rank
Net Assets 383 M 906 K 19.8 B 49.72%
Number of Holdings 14 2 2775 86.03%
Net Assets in Top 10 371 M 919 K 7.41 B 37.43%
Weighting of Top 10 97.36% 9.8% 100.1% 17.16%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PIDCX % Rank
Stocks
62.01% 25.05% 78.35% 34.08%
Bonds
26.66% 0.00% 75.08% 75.42%
Convertible Bonds
5.31% 0.00% 24.34% 3.91%
Cash
3.86% -46.04% 6.87% 26.26%
Preferred Stocks
2.09% 0.00% 19.01% 7.82%
Other
0.07% -1.68% 71.36% 60.34%

Stock Sector Breakdown

Weighting Return Low Return High PIDCX % Rank
Financial Services
17.82% 0.00% 24.63% 22.91%
Healthcare
16.04% 0.00% 25.62% 20.11%
Consumer Cyclical
12.21% 0.00% 15.33% 25.14%
Technology
11.95% 0.13% 28.61% 67.60%
Industrials
10.70% 4.03% 18.86% 50.84%
Communication Services
8.77% 0.00% 14.31% 31.28%
Consumer Defense
6.80% 2.60% 15.16% 72.07%
Real Estate
6.02% 0.00% 54.65% 26.26%
Energy
3.54% 0.47% 16.55% 59.22%
Utilities
3.32% 0.81% 19.66% 65.92%
Basic Materials
2.83% 0.35% 15.03% 75.42%

Stock Geographic Breakdown

Weighting Return Low Return High PIDCX % Rank
Non US
35.80% 1.38% 59.20% 28.49%
US
26.21% -2.58% 48.71% 63.13%

Bond Sector Breakdown

Weighting Return Low Return High PIDCX % Rank
Corporate
59.92% 0.00% 96.70% 19.55%
Securitized
16.03% 0.00% 45.76% 30.73%
Cash & Equivalents
13.65% 0.00% 100.00% 26.82%
Government
10.38% 0.00% 61.30% 81.01%
Municipal
0.03% 0.00% 4.32% 33.52%
Derivative
0.00% -0.04% 50.06% 78.77%

Bond Geographic Breakdown

Weighting Return Low Return High PIDCX % Rank
US
20.38% -2.57% 62.97% 62.01%
Non US
6.28% 0.00% 48.29% 75.98%

Expenses

PIDCX - Expenses

Operational Fees

PIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.01% 31.15% 42.94%
Management Fee 0.00% 0.00% 1.29% 7.26%
12b-1 Fee 1.00% 0.00% 1.00% 87.04%
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

PIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 56.25%

Trading Fees

PIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

PIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 4.00% 147.00% 40.46%

Distributions

PIDCX - Distributions

Dividend Yield Analysis

PIDCX Category Low Category High PIDCX % Rank
Dividend Yield 0.00% 0.00% 16.73% 62.01%

Dividend Distribution Analysis

PIDCX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PIDCX Category Low Category High PIDCX % Rank
Net Income Ratio 1.96% -1.48% 7.22% 51.98%

Capital Gain Distribution Analysis

PIDCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PIDCX - Fund Manager Analysis

Managers

Kenneth Taubes


Start Date

Tenure

Tenure Rank

Jan 26, 2018

2.43

2.4%

Mr. Taubes, Executive Vice President and Chief Investment Officer, U.S. of Pioneer, is responsible for overseeing the U.S. and global fixed income teams. He joined Pioneer as a senior vice president in September 1998 and has been an investment professional since 1982. Mr. Taubes has served as portfolio manager of the fund since 1999. Prior to joining Pioneer, he was a senior portfolio manager at Putnam Investments and the Treasurer of Home Owners Savings Bank. Ken is a member of Bond Analysts Society of Boston.

Marco Pirondini


Start Date

Tenure

Tenure Rank

Jan 26, 2018

2.43

2.4%

From 2004 until 2010, Mr. Pirondini was Global Chief Investment Officer of Amundi Pioneer, overseeing equity, fixed income, balanced, and quantitative portfolio management, and quantitative and fundamental research divisions. Mr. Pirondini, Senior Managing Director and Head of Equities, U.S., joined a predecessor organization to Amundi Pioneer in 1991. Marco has a Masters in Finance and is an Economics graduate of the Bocconi University, Milan.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 23.82 5.57 9.42