Class
A Shares |
Class
C Shares |
Class
C2 Shares |
Class
K Shares |
Class
Y Shares |
MAFRX |
MCFRX |
MAUCX |
MAUKX |
MYFRX |
1. |
1
| |
2. |
1
| |
3. |
43
| |
4. |
54
| |
5. |
56
| |
6. |
58
| |
7. |
58
| |
8. |
58
| |
9. |
59
| |
10. |
61
| |
11. |
62
| |
12. |
65
| |
13. |
69
| |
14. |
70
| |
15. |
72
| |
16. |
72
| |
17. |
80
| |
18. |
81
| |
19. |
85
| |
20. |
98 |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years
|
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Independent
Trustees: |
|
|
|
Thomas
J. Perna (72)
Chairman
of the Board and
Trustee |
Trustee
since 2011. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal.
|
Private
investor (2004 2008 and 2013
present); Chairman (2008 2013)
and
Chief Executive Officer (2008
2012),
Quadriserv, Inc. (technology
products
for securities lending
industry);
and Senior Executive Vice
President,
The Bank of New York
(financial
and securities services) (1986
2004) |
Director,
Broadridge
Financial
Solutions,
Inc.
(investor
communications
and
securities
processing
provider
for financial
services
industry)
(2009
present);
Director,
Quadriserv,
Inc.
(2005 2013); and
Commissioner,
New
Jersey
State Civil
Service
Commission
(2011
2015) |
John
E. Baumgardner, Jr.
(72)*
Trustee |
Trustee
since 2019. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal. |
Of
Counsel (2019 present), Partner
(1983-2018),
Sullivan & Cromwell LLP
(law
firm). |
Chairman,
The
Lakeville
Journal
Company,
LLC,
(privately-held
community
newspaper
group)
(2015-present) |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years |
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Diane
Durnin (66)
Trustee |
Trustee
since 2019. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal. |
Managing
Director - Head of Product
Strategy
and Development, BNY
Mellon
Investment Management
(investment
management firm)
(2012-2018);
Vice Chairman The
Dreyfus
Corporation (2005 2018):
Executive
Vice President Head of
Product,
BNY Mellon Investment
Management
(2007-2012); Executive
Director-
Product Strategy, Mellon
Asset
Management (2005-2007);
Executive
Vice President Head of
Products,
Marketing and Client Service,
Dreyfus
Corporation (investment
management
firm) (2000-2005); Senior
Vice
President Strategic Product and
Business
Development, Dreyfus
Corporation
(1994-2000) |
None |
Benjamin
M. Friedman (78)
Trustee |
Trustee
since 2011. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal.
|
William
Joseph Maier Professor of
Political
Economy, Harvard University
(1972
present) |
Trustee,
Mellon
Institutional
Funds
Investment
Trust and
Mellon
Institutional
Funds
Master Portfolio
(oversaw
17 portfolios
in
fund complex)
(1989
- 2008) |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years |
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Craig
C. MacKay (60)
Trustee |
Trustee
since 2021. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal.
|
Partner,
England & Company, LLC
(advisory
firm) (2012 present); Group
Head
Leveraged Finance
Distribution,
Oppenheimer &
Company
(investment bank) (2006
2012);
Group Head Private Finance &
High
Yield Capital Markets
Origination,
SunTrust Robinson
Humphrey
(investment bank) (2003
2006);
and Founder and Chief
Executive
Officer, HNY Associates,
LLC
(investment bank) (1996 2003) |
Director,
Equitable
Holdings,
Inc.
(financial
services
holding
company)
(2022
present);
Board
Member of
Carver
Bancorp, Inc.
(holding
company)
and
Carver Federal
Savings
Bank, NA
(2017
present);
Advisory
Council
Member,
MasterShares
ETF
(2016 2017);
Advisory
Council
Member,
The Deal
(financial
market
information
publisher)
(2015
2016); Board
Co-Chairman
and
Chief
Executive
Officer,
Danis
Transportation
Company
(privately-owned
commercial
carrier)
(2000
2003); Board
Member
and Chief
Financial
Officer,
Customer
Access
Resources
(privately-owned
teleservices
company)
(1998
2000); Board
Member,
Federation of
Protestant
Welfare
Agencies
(human
services
agency) (1993
present); and Board
Treasurer,
Harlem
Dowling
Westside
Center
(foster care
agency)
(1999 2018) |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years |
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Lorraine
H. Monchak (67)
Trustee |
Trustee
since 2017.
(Advisory
Trustee from
2014
- 2017). Serves until a
successor
trustee is elected
or
earlier retirement or
removal. |
Chief
Investment Officer, 1199 SEIU
Funds
(healthcare workers union
pension
funds) (2001 present); Vice
President
International Investments
Group,
American International Group,
Inc.
(insurance company) (1993
2001);
Vice President Corporate
Finance
and Treasury Group, Citibank,
N.A.(1980
1986 and 1990 1993);
Vice
President Asset/Liability
Management
Group, Federal Farm
Funding
Corporation
(government-sponsored
issuer of debt
securities)
(1988 1990); Mortgage
Strategies
Group, Shearson Lehman
Hutton,
Inc. (investment bank) (1987
1988);
Mortgage Strategies Group,
Drexel
Burnham Lambert, Ltd.
(investment
bank) (1986 1987) |
None |
Marguerite
A. Piret (75)
Trustee |
Trustee
since 2011. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal. |
Chief
Financial Officer, American Ag
Energy,
Inc. (technology for the
environment,
energy and agriculture)
(2019
present); Chief Operating
Officer,
North Country Growers LLC
(controlled
environment agriculture
company)
(2020 present); Chief
Executive
Officer, Green Heat LLC
(biofuels
company) (2022 present);
President
and Chief Executive Officer,
Newbury
Piret Company (investment
banking
firm) (1981 2019) |
Director
of New
America
High Income
Fund,
Inc. (closed-end
investment
company)
(2004
present); and
Member,
Board of
Governors,
Investment
Company
Institute
(2000
2006) |
Fred
J. Ricciardi (76)
Trustee |
Trustee
since 2014. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal.
|
Private
investor (2020 present);
Consultant
(investment company
services)
(2012 2020); Executive Vice
President,
BNY Mellon (financial and
investment
company services) (1969
2012);
Director, BNY International
Financing
Corp. (financial services)
(2002
2012); Director, Mellon
Overseas
Investment Corp. (financial
services)
(2009 2012); Director,
Financial
Models (technology)
(2005-2007);
Director, BNY Hamilton
Funds,
Ireland (offshore investment
companies)
(2004-2007);
Chairman/Director,
AIB/BNY
Securities
Services, Ltd., Ireland
(financial
services) (1999-2006);
Chairman,
BNY Alternative Investment
Services,
Inc. (financial services)
(2005-2007) |
None |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years |
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Interested
Trustees: |
|
|
|
Lisa
M. Jones (61)**
Trustee,
President and Chief
Executive
Officer |
Trustee
since 2017. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal |
Director,
CEO and President of
Amundi
US, Inc. (investment
management
firm) (since September
2014);
Director, CEO and President of
Amundi
Asset Management US, Inc.
(since
September 2014); Director, CEO
and
President of Amundi Distributor
US,
Inc. (since September 2014);
Director,
CEO and President of
Amundi
Asset Management US, Inc.
(since
September 2014); Chair, Amundi
US,
Inc., Amundi Distributor US, Inc.
and
Amundi Asset Management US,
Inc.
(September 2014 2018);
Managing
Director, Morgan Stanley
Investment
Management (investment
management
firm) (2010 2013);
Director
of Institutional Business, CEO
of
International, Eaton Vance
Management
(investment management
firm)
(2005 2010); Director of
Amundi
Holdings US, Inc. (since 2017) |
Director
of Clearwater
Analytics
(provider of
web-based
investment
accounting
software
for
reporting and
reconciliation
services)
(September
2022
present) |
Kenneth
J. Taubes (65)**
Trustee |
Trustee
since 2014. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal |
Director
and Executive Vice President
(since
2008) and Chief Investment
Officer,
U.S. (since 2010) of Amundi
US,
Inc. (investment management
firm);
Director and Executive Vice
President
and Chief Investment Officer,
U.S.
of Amundi US (since 2008);
Executive
Vice President and Chief
Investment
Officer, U.S. of Amundi
Asset
Management US, Inc. (since
2009);
Portfolio Manager of Amundi
US
(since 1999); Director of Amundi
Holdings
US, Inc. (since 2017) |
None |
Trust
Officers: |
|
|
|
Christopher
J. Kelley (58)
Secretary
and Chief Legal
Officer
|
Since
2011. Serves at the
discretion
of the Board |
Vice
President and Associate General
Counsel
of Amundi US since January
2008;
Secretary and Chief Legal Officer
of
all of the Pioneer Funds since June
2010;
Assistant Secretary of all of the
Pioneer
Funds from September 2003 to
May
2010; Vice President and Senior
Counsel
of Amundi US from July 2002
to
December 2007 |
None |
Thomas
Reyes (60)
Assistant
Secretary |
Since
2011. Serves at the
discretion
of the Board |
Assistant
General Counsel of Amundi
US
since May 2013 and Assistant
Secretary
of all the Pioneer Funds since
June
2010; Counsel of Amundi US
from
June 2007 to May 2013 |
None |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years |
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Heather
L. Melito-Dezan
(46)
Assistant
Secretary |
Since
2022. Serves at the
discretion
of the Board |
Director
- Trustee and Board
Relationships
of Amundi US since
September
2019; Assistant Secretary of
Amundi
US, Inc. since July 2020:
Assistant
Secretary of Amundi Asset
Management
US, Inc. since July 2020:
Assistant
Secretary of Amundi
Distributor
US, Inc. since July 2020;
Assistant
Secretary of all the Pioneer
Funds
since September 2022; Private
practice
from 2017 2019. |
None |
Anthony
J. Koenig, Jr. (59)
Treasurer
and Chief Financial
and
Accounting Officer |
Since
2021. Serves at the
discretion
of the Board |
Managing
Director, Chief Operations
Officer
and Fund Treasurer of Amundi
US
since May 2021; Treasurer of all of
the
Pioneer Funds since May 2021;
Assistant
Treasurer of all of the Pioneer
Funds
from January 2021 to May 2021;
and
Chief of Staff, US Investment
Management
of Amundi US from May
2008
to January 2021 |
None |
Luis
I. Presutti (58)
Assistant
Treasurer |
Since
2011. Serves at the
discretion
of the Board |
Director
Fund Treasury of Amundi
US
since 1999; and Assistant Treasurer
of
all of the Pioneer Funds since 1999 |
None |
Gary
Sullivan (65)
Assistant
Treasurer |
Since
2011. Serves at the
discretion
of the Board |
Senior
Manager Fund Treasury of
Amundi
US since 2012; and Assistant
Treasurer
of all of the Pioneer Funds
since
2002 |
None |
Antonio
Furtado (41)
Assistant
Treasurer |
Since
2020. Serves at the
discretion
of the Board |
Fund
Oversight Manager Fund
Treasury
of Amundi US since 2020;
Assistant
Treasurer of all of the Pioneer
Funds
since 2020; and Senior Fund
Treasury
Analyst from 2012 - 2020 |
None |
Michael
Melnick
(52)
Assistant
Treasurer |
Since
2021. Serves at the
discretion
of the Board |
Vice
President - Deputy Fund
Treasurer
of Amundi US since May
2021;
Assistant Treasurer of all of the
Pioneer
Funds since July 2021; Director
of
Regulatory Reporting of Amundi US
from
2001 2021; and Director of Tax
of
Amundi US from 2000 - 2001 |
None |
John
Malone (52)
Chief
Compliance Officer |
Since
2018. Serves at the
discretion
of the Board |
Managing
Director, Chief Compliance
Officer
of Amundi US Asset
Management;
Amundi Asset
Management
US, Inc.; and the Pioneer
Funds
since September 2018; Chief
Compliance
Officer of Amundi
Distributor
US, Inc. since January 2014. |
None |
Name,
Age and
Position
Held With the Trust |
Term
of Office and
Length
of Service |
Principal
Occupation(s) During At Least
The
Past Five Years |
Other
Directorships
Held
by Trustee During
At
Least The Past Five
Years |
Brandon
Austin (51)
Anti-Money
Laundering
Officer |
Since
2022. Serves at the
discretion
of the Board |
Director,
Financial Security Amundi
Asset
Management; Anti-Money
Laundering
Officer of all the Pioneer
Funds
since March 2022: Director of
Financial
Security of Amundi US since
July
2021; Vice President, Head of BSA,
AML
and OFAC, Deputy Compliance
Manager,
Crédit Agricole Indosuez
Wealth
Management (investment
management
firm) (2013 2021)
|
None |
Class |
Applicable
Percentage
Per
Annum |
Class
A |
0.20% |
Class
C |
0.50% |
Class
C2 |
0.50% |
Name
of
Portfolio
Manager |
Type
of Account |
Number
of
Accounts
Managed |
Total
Assets
Managed
(000s) |
Number
of
Accounts
Managed
for
which
Advisory
Fee
is
Performance-
Based |
Assets
Managed
for
which
Advisory
Fee
is
Performance-
Based
(000s) |
Jonathan
Sharkey |
Other
Registered Investment
Companies |
3 |
$655,858 |
N/A |
N/A |
|
Other
Pooled Investment Vehicles |
1 |
$210,641 |
N/A |
N/A |
|
Other
Accounts |
1 |
$364,179 |
N/A |
N/A |
Nicolas
Pauwels |
Other
Registered
Investment
Companies |
2 |
$441,418 |
N/A |
N/A |
|
Other
Pooled Investment Vehicles |
2 |
$398,496 |
2 |
$398,496 |
|
Other
Accounts |
5 |
$1,160,269 |
1 |
$161,677 |
Noah
Funderburk |
Other
Registered Investment
Companies |
2 |
$441,418 |
N/A |
N/A |
|
Other
Pooled Investment Vehicles |
2 |
$398,496 |
2 |
$398,496 |
|
Other
Accounts |
5 |
$397,096 |
1 |
$161,677 |
Name
of Portfolio Manager |
Beneficial
Ownership
of
the Fund* |
Jonathan
Sharkey |
D |
Nicolas
Pauwels |
E |
Noah
Funderburk |
E |
A. |
None |
B. |
$1
$10,000 |
C. |
$10,001
$50,000 |
D. |
$50,001
$100,000 |
E. |
$100,001
$500,000 |
F. |
$500,001
$1,000,000 |
G. |
Over
$1,000,000 |
2023 |
2022 |
34% |
52% |
Record
Holder |
Share
Class |
Number
of Shares |
%
of Class |
American
Enterprise Investment SVC
For
the Exclusive Benefit of Our Clients
707
2nd
Ave. S.
Minneapolis,
MN 55402 |
Class
A
Class
Y |
7,361,910.795
21,084,616.884 |
6.22
7.65 |
UBS
WM USA
Omni
Account M/F
Attn:
Department Manager
499
Washington Blvd Fl 9
Jersey
City, NJ 07310 |
Class
C |
622,110.068 |
8.13 |
Raymond
James
Omnibus
For Mutual Funds
House
Acct Firm
Attn
Courtney Waller
880
Carillon Pkwy
St.
Petersburg, FL 33716 |
Class
C
Class
Y |
2,384,554.043
25,367,597.499 |
31.15
9.20 |
MLPF&S
for the Benefit of
its
Customers
Mutual
Fund Administration
4800
Deer Lake Drive East 2nd Floor
Jacksonville,
FL 32246-6484 |
Class
C2
Class
Y |
764,839.504
19,035,787.562 |
88.85
6.90 |
Morgan
Stanley Smith Barney
Harborside
Financial Center
Plaza
2, 3rd Floor
Jersey
City, NJ 07311 |
Class
A
Class
C
Class
Y |
61,215,307.504
970,382.252
109,417,776.783 |
51.73
12.68
39.69 |
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0001 |
Class
A
Class
C |
7,601,014.540
574,444.367 |
6.42
7.50 |
Wells
Fargo Clearing Services LLC
Special
Custody Acct for the exclusive benefit of customer
2801
Market Street
Saint
Louis, MO 63103-2523 |
Class
C2
Class
Y |
64,456.349
16,612,435.208 |
7.49
6.03 |
Charles
Schwab & Co. Inc.
Special
Custody Acct for the Benefit of Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
Class
C |
1,104,740.045 |
14.43 |
National
Financial Services LLC
For
the Exclusive Benefit of Customers
Attn:
Mutual Funds Department, 4th Floor
499
Washington Blvd.
Jersey
City, NJ 07310 |
Class
C
Class
K |
490,886.771
5,524,507.800 |
6.41
12.04 |
Record
Holder |
Share
Class |
Number
of Shares |
%
of Class |
Texas
Treasury Safekeeping Trust Co
Paul
Ballard CEO
208
E 10th Street 4th Floor
Austin
TX 78701-2407 |
Class
K |
33,403,130.974 |
72.77 |
Pioneer
Solutions-Balanced Fund
60
State St.
Boston,
MA 02109 |
Class
K |
3,891,094.746 |
8.48 |
LPL
Financial
Omnibus
Customer Account
Attn:
Mutual Fund Trading
4707
Executive Dr.
San
Diego, CA 92121-3091 |
Class
A
Class
C
Class
Y |
6,105,933.219
593,037.283
17,386,772.703 |
5.16
7.75
6.31 |
Name
of Trustee |
Dollar
Range of
Equity
Securities
in
the Fund |
Aggregate
Dollar Range of Equity
Securities
in All Registered
Investment
Companies Overseen by
Trustee
in the Pioneer Family of Funds |
Interested
Trustees: |
|
|
Lisa
M. Jones |
None |
Over
$100,000 |
Kenneth
J. Taubes |
None |
Over
$100,000 |
Independent
Trustees: |
|
|
John
E. Baumgardner, Jr. |
None |
Over
$100,000 |
Diane
Durnin |
$10,001 -
$50,000 |
Over
$100,000 |
Benjamin
M. Friedman |
None |
Over
$100,000 |
Craig
C. MacKay |
$50,001 -
$100,000 |
$50,001 -
$100,000 |
Lorraine
H. Monchak |
None |
Over
$100,000 |
Thomas
J. Perna |
None |
Over
$100,000 |
Marguerite
A. Piret |
None |
Over
$100,000 |
Fred
J. Ricciardi |
None |
Over
$100,000 |
Name
of Trustee |
Aggregate
Compensation
from
Fund** |
Pension
or
Retirement
Benefits
Accrued
as
Part of Fund
Expenses |
Total
Compensation
from
the Fund and
Other
Pioneer Funds** |
Interested
Trustees: |
|
|
|
Lisa
M. Jones* |
$0.00 |
$0.00 |
$0.00 |
Kenneth
J. Taubes* |
$0.00 |
$0.00 |
$0.00 |
Independent
Trustees: |
|
|
|
John
E. Baumgardner, Jr. |
$25,849.80 |
$0.00 |
$296,100.00 |
Diane
Durnin |
$24,617.69 |
$0.00 |
$283,763.00 |
Benjamin
M. Friedman |
$29,084.42 |
$0.00 |
$328,275.00 |
Craig
C. MacKay |
$25,387.99 |
$0.00 |
$291,263.00 |
Lorraine
H. Monchak |
$29,600.05 |
$0.00 |
$333,439.00 |
Thomas
J. Perna |
$35,836.91 |
$0.00 |
$396,100.00 |
Marguerite
A. Piret |
$27,082.01 |
$0.00 |
$308,439.00 |
Fred
J. Ricciardi |
$27,852.31 |
$0.00 |
$315,939.00 |
TOTAL |
$225,311.18 |
$0.00 |
$2,553,318.00 |
For
the Fiscal Years Ended March 31 |
2023 |
2022 |
2021 |
Gross
Fee Incurred |
$14,173,086 |
$15,185,201 |
$14,609,879 |
Net
Fee Paid |
$14,173,086 |
$15,185,201 |
$14,609,879 |
For
the Fiscal Years Ended March 31 | ||
2023 |
2022 |
2021 |
$1,158,954 |
$1,178,449 |
$1,146,370 |
For
the Fiscal Years Ended March 31 |
2023 |
2022 |
2021 |
Approximate
Net Underwriting Expenses Retained by Amundi Distributor US,
Inc. |
$0 |
$0 |
$0 |
Approximate
Commissions Reallowed to Dealers (Class A shares) |
$0 |
$0 |
$0 |
Approximate
Brokerage and Underwriting Commissions (Portfolio
Transactions) |
$31,470 |
$11,152 |
$0 |
Combined
Plan |
Class
A Plan |
Class
C Plan |
Class
C2 Plan |
$3,397,983 |
$2,800,273 |
$544,576 |
$53,134 |
|
Payments
to
Servicing
Parties1
|
Advertising |
Sales
Meetings |
Printing
and
Mailing |
Total |
Class
A |
$2,780,626 |
$2,088 |
$14,556 |
$3,003 |
$2,800,273 |
Class
C |
$541,879 |
$307 |
$1,965 |
$425 |
$544,576 |
Class
C2 |
$51,918 |
$132 |
$901 |
$183 |
$53,134 |
|
|
$(000s) |
Bank
of Nova Scotia |
Debt |
$35,784 |
Bank
of America |
Debt |
$26,354 |
Citibank |
Debt |
$25,001 |
Toronto
Dominion Bank |
Debt |
$22,130 |
Royal
Bank of Canada |
Debt |
$41,687 |
Goldman
Sachs |
Debt |
$47,213 |
JPMorgan |
Debt |
$46,310 |
Wells
Fargo |
Debt |
$19,320 |