Class
A Shares |
Class
C Shares |
Class
K Shares |
Class
R Shares |
Class
Y Shares |
CVFCX |
CVCFX |
CVKFX |
CVRFX |
CVRFX |
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 2006. 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.
(71)*
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 (65)
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 2008. 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 (59)
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 (66)
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 (74)
Trustee |
Trustee
since 2004. Serves
until
a successor trustee is
elected
or earlier
retirement
or removal. |
Chief
Financial Officer, American Ag
Energy,
Inc. (controlled environment
and
agriculture company) (2016 –
present);
President and Chief Executive
Officer,
Metric Financial Inc. (formerly
known
as 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 (75)
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 (60)**
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 (64)**
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 |
fund
Officers: |
|
|
|
Christopher
J. Kelley (58)
Secretary
and Chief Legal
Officer |
Since
2004. 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
2010. 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 |
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; Private practice from
2017
– 2019. |
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 |
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 (57)
Assistant
Treasurer |
Since
2004. 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 (64)
Assistant
Treasurer |
Since
2004. 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 (40)
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 (51)
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 |
Brandon
Austin (50)
Anti-Money
Laundering
Officer |
Since
March 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 |
0.25% |
Class
C |
1.00% |
Class
R |
0.50% |
Name
of
Portfolio
Manager |
Type
of Account |
Number
of
Accounts
Managed |
Total
Assets
Managed
(000’s) |
Number
of
Accounts
Managed
for
which
Advisory
Fee
is
Performance-
Based |
Assets
Managed
for
which
Advisory
Fee
is
Performance-
Based
(000’s) |
Craig
Sterling |
Other
Registered Investment Companies |
4 |
$10,415,785 |
1 |
$6,950,813 |
|
Other Pooled
Investment Vehicles |
8 |
$6,567,615 |
5 |
$6,025,383 |
|
Other
Accounts |
1 |
$97,524 |
0 |
$0 |
Ashesh
Savla |
Other
Registered
Investment
Companies |
2 |
$3,340,128 |
0 |
$0 |
|
Other Pooled
Investment Vehicles |
3 |
$2,045,203 |
3 |
$2,045,203 |
|
Other
Accounts |
1 |
$97,524 |
0 |
$0 |
Name
of Portfolio Manager |
Beneficial
Ownership
of
the Fund* |
Craig
Sterling |
E |
Ashesh
Savla |
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 |
|
Sales
Charge as a % of | ||
Amount
of Purchase |
Offering
Price |
Net
Amount
Invested |
Dealer
Reallowance |
Less
than $50,000 |
5.75 |
6.10 |
5.00 |
$50,000
but less than $100,000 |
4.50 |
4.71 |
4.00 |
$100,000
but less than $250,000 |
3.50 |
3.63 |
3.00 |
$250,000
but less than $500,000 |
2.50 |
2.56 |
2.00 |
$500,000
or more |
0.00 |
0.00 |
see
below |
1.00% |
Up
to $4 million |
0.50% |
Greater
than $4 million and less
than
or equal to $50 million |
0.25% |
Over
$50 million |
2022 |
2021 |
116% |
114% |
Record
Holder |
Share
Class |
Number
of
Shares |
% of
Class |
National
Financial Services LLC.
Attn: Mutual
Funds Dept., 4th Floor
499
Washington Blvd.
Jersey City,
NJ 07310-2010 |
Class
A
Class
Y |
2,014,825.872
1,321,630.730 |
9.48
14.71 |
Pershing
LLC
1 Pershing
Plaza
Jersey City,
NJ 07399-0001 |
Class
A
Class
Y |
1,320,249.030
611,635.880 |
6.21
6.81
|
Record
Holder |
Share
Class |
Number
of
Shares |
% of
Class |
Charles
Schwab & Co., Inc.
Special
Custody Acct for the benefit of customers
Attn: Mutual
Funds
211 Main
Street
San
Francisco, CA 94105 |
Class
C |
77,648.590 |
8.44 |
Wells Fargo
Clearing Services LLC
Special
Custody Acct FBO Customer
2801 Market
St.
St. Louis, MO
63103-2523 |
Class
A
Class
C
Class
Y |
1,132,349.135
52,680.703
703,397.172 |
5.33
5.72
7.83 |
Pioneer
Solutions – Balanced Fund.
60 State
St.
Boston, MA
02109 |
Class
K |
500,710.866 |
100.00 |
Raymond
James
Omnibus for
Mutual Funds
Attn:
Courtney Waller
880 Carillon
Parkway
St.
Petersburg, FL 33716 |
Class
C
Class
Y |
86,854.495
804,765.683 |
9.44
8.96 |
LPL
Financial
FBO Customer
Accounts
Attn: Mutual
Funds Operations
P.O. Box
509046
San Diego, CA
92150-9046 |
Class
Y |
1,907,262.031 |
21.23 |
Talcott
Resolution Life Insurance Company
P.O. Box
5051
Harford, CT
06102 |
Class
R |
107,419.105 |
13.46 |
Matrix Trust
Company
FBO
Customer
717 17th St
Suite 1300
Denver, CO
80202-3304 |
Class
R |
98,100.456 |
12.29 |
State Street
Bank & Trust Co.
FBO
Customer
Morgan
Stanley Smith Barney
1 Lincoln
St.
Boston, MA
02111-2901 |
Class
R |
100,079.591 |
12.54 |
Name
of Trustee |
Dollar Range
of
Equity
Securities
in the
Trust |
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 |
Over
$100,000 |
Over
$100,000 |
Craig C.
MacKay |
None |
$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. |
$2,025.06 |
$0.00 |
$292,050.00 |
Diane
Durnin |
$2,003.07 |
$0.00 |
$287,506.00 |
Benjamin M.
Friedman |
$2,162.49 |
$0.00 |
$325,137.00 |
Craig C.
MacKay |
$2,011.13 |
$0.00 |
$289,007.00 |
Lorraine H.
Monchak |
$2,185.09 |
$0.00 |
$330,594.00 |
Thomas J.
Perna |
$2,460.30 |
$0.00 |
$396,550.00 |
Marguerite A.
Piret |
$2,075.51 |
$0.00 |
$304,094.00 |
Fred J.
Ricciardi |
$2,112.04 |
$0.00 |
$313,094.00 |
TOTAL |
$17,034.68 |
$0.00 |
$2,538,032.00 |
For
the Fiscal Years Ended August 31 |
2022 |
2021 |
2020 |
Gross Fee
Incurred |
$1,874,889 |
$2,508,511 |
$2,460,919 |
Net Fee
Paid |
$1,623,948 |
$2,303,975 |
$2,460,919 |
For the
Fiscal Years Ended August 31 | ||
2022 |
2021 |
2020 |
$150,991 |
$181,169 |
$157,666 |
For
the Fiscal Years Ended August 31 |
2022 |
2021 |
2020 |
Approximate
Net Underwriting Expenses Retained by Amundi Distributor US,
Inc. |
$21,833 |
$11,108 |
$10,149 |
Approximate
Commissions Reallowed to Dealers (Class A shares) |
$130,538 |
$61,427 |
$56,611 |
Approximate
Commissions Reallowed to Dealers (Class C shares) |
$0 |
$0 |
$0 |
Approximate
Brokerage and Underwriting Commissions (Portfolio
Transactions) |
$421,801 |
$311,073 |
$314,378 |
For the
Fiscal Year Ended August 31, 2022 | ||||
Combined
Plan |
Class A
Plan |
Class C
Plan |
Class R
Plan |
|
$936,162 |
$759,296 |
$122,633 |
$54,233 |
|
|
Payments
to
Servicing
Parties1
|
Advertising |
Sales
Meetings |
Printing
and
Mailing |
Total |
Class
A |
$736,440 |
$3,177 |
$16,805 |
$2,874 |
$759,296 |
Class
C |
$110,111 |
$1,535 |
$9,398 |
$1,589 |
$122,633 |
Class
R |
$54,233 |
$0 |
$0 |
$0 |
$54,233 |
|
|
|
None |
|
|