Name
As of 10/04/2024Price
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
13.3%
1 yr return
25.4%
3 Yr Avg Return
6.7%
5 Yr Avg Return
10.8%
Net Assets
$407 M
Holdings in Top 10
31.4%
52 WEEK LOW AND HIGH
$27.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 62.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
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
INVYX - Profile
Distributions
- YTD Total Return 13.3%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.40%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePioneer International Equity Fund
-
Fund Family NameThe Pioneer Funds
-
Inception DateMar 25, 1993
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMarco Pirondini
Fund Description
Normally, the fund invests at least 80% of its total assets in equity securities of non-U.S. issuers. These issuers may be located in both developed and emerging markets. Under normal circumstances, the fund's assets will be invested in securities of companies domiciled in at least three different foreign countries. Generally, the fund's investments in any country are limited to 25% or less of its total assets. However, from time to time, the fund may invest more than 25% of its assets in issuers organized in Japan or the United Kingdom or in securities quoted or denominated in the Japanese yen, the British pound and the euro.The fund may invest without limitation in securities of emerging market issuers, but generally will not invest more than 25% of its total assets in securities of issuers located in any one emerging market country. The fund considers emerging market issuers to include issuers organized under the laws of an emerging market country, issuers with a principal office in an emerging market country, issuers that derive at least 50% of their gross revenues or profits from goods or services produced in emerging markets or sales made in emerging markets, and emerging market governmental issuers. Emerging markets generally will include, but not be limited to, countries included in the Morgan Stanley Capital International (MSCI) Emerging + Frontier Markets Index.For purposes of the fund's investment policies, equity securities include common stocks and other equity instruments, such as securities of other investment companies (including mutual funds, exchange-traded funds and closed-end funds) that invest primarily in equity securities, depositary receipts, equity interests in real estate investment trusts (REITs), warrants, rights and preferred shares. The fund may invest in initial public offerings of equity securities. The fund may also purchase and sell forward foreign currency exchange contracts in non-U.S. currencies in connection with its investments, including as a means of managing relative currency exposure.The fund may invest up to 20% of its total assets in debt securities of U.S. and non-U.S. issuers. The fund may invest up to 5% of its net assets in below investment grade debt securities (known as “junk bonds”), including below investment grade convertible debt securities and securities of issuers that are in default.The fund may, but is not required to, use derivatives. The fund may use derivatives, including forward foreign currency exchange contracts, for a variety of purposes, including: in an attempt to hedge against adverse changes in the market prices 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 also may hold cash or other short-term instruments.The fund's investment adviser uses a value approach to select the fund's investments. The adviser seeks to identify securities that are selling at reasonable prices or substantial discounts to their underlying values. The adviser evaluates a security's potential value, including the attractiveness of its market valuation, based on the company's assets and prospects for earnings and revenue growth, employing a bottom-up analytical style. In making that assessment, the adviser employs fundamental research and an evaluation of the issuer based on its financial statements and operations. The adviser focuses on the quality and price of individual issuers and securities.The adviser generally sells a portfolio security when it believes that the security’s market value reflects its intrinsic value. The adviser makes that determination based upon the same criteria it uses to select portfolio securities.The adviser integrates environmental, social and corporate governance (ESG) considerations into its investment research process by evaluating the business models and practices of issuers and their ESG-related risks. The adviser believes ESG analysis is a meaningful facet of fundamental research, the process of evaluating an issuer based on its financial position, business operations, competitive standing and management. This process considers ESG information, where available, in assessing an investment’s performance potential. The adviser generally considers ESG information in the context of an issuer’s respective sector or industry. The adviser may consider ESG ratings provided by third parties or internal sources, as well as issuer disclosures and public information, in evaluating issuers. ESG considerations are not a primary focus of the fund, and the weight given by the adviser to ESG considerations in making investment decisions will vary and, for any specific decision, they may be given little or no weight. Notwithstanding the foregoing, the adviser generally will not invest fund assets in 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 clusterbombs.
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INVYX - Performance
Return Ranking - Trailing
| Period | INVYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.3% | -2.7% | 37.6% | 25.12% |
| 1 Yr | 25.4% | -1.8% | 49.7% | 27.43% |
| 3 Yr | 6.7%* | -16.2% | 49.6% | 8.43% |
| 5 Yr | 10.8%* | -34.2% | 76.8% | 7.18% |
| 10 Yr | 6.6%* | 1.0% | 32.6% | 11.08% |
* Annualized
Return Ranking - Calendar
| Period | INVYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.3% | -1.4% | 22.0% | 9.38% |
| 2022 | -16.8% | -43.6% | 71.3% | 33.86% |
| 2021 | -0.2% | -28.5% | 18.9% | 75.28% |
| 2020 | 12.3% | -90.1% | 992.1% | 26.07% |
| 2019 | 18.3% | -1.9% | 38.8% | 60.42% |
Total Return Ranking - Trailing
| Period | INVYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.3% | -2.7% | 37.6% | 25.12% |
| 1 Yr | 25.4% | -1.8% | 49.7% | 27.43% |
| 3 Yr | 6.7%* | -16.2% | 49.6% | 8.43% |
| 5 Yr | 10.8%* | -34.2% | 76.8% | 7.18% |
| 10 Yr | 6.6%* | 1.0% | 32.6% | 11.08% |
* Annualized
Total Return Ranking - Calendar
| Period | INVYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.8% | 3.2% | 23.8% | 9.23% |
| 2022 | -13.2% | -43.6% | 144.8% | 16.61% |
| 2021 | 14.0% | -22.6% | 56.0% | 8.77% |
| 2020 | 12.9% | -89.7% | 1010.8% | 33.44% |
| 2019 | 21.3% | 4.3% | 38.8% | 66.67% |
NAV & Total Return History
INVYX - Holdings
Concentration Analysis
| INVYX | Category Low | Category High | INVYX % Rank | |
|---|---|---|---|---|
| Net Assets | 407 M | 3.3 M | 425 B | 62.84% |
| Number of Holdings | 52 | 1 | 10481 | 83.33% |
| Net Assets in Top 10 | 199 M | 1.01 M | 47.5 B | 45.57% |
| Weighting of Top 10 | 31.40% | 4.6% | 147.7% | 26.31% |
Top 10 Holdings
- CRH PLC 3.63%
- Shell PLC 3.39%
- RELX PLC 3.36%
- UBS Group AG 3.32%
- KB Financial Group Inc 3.26%
- Dreyfus Government Cash Management 2.93%
- FinecoBank Banca Fineco SpA 2.92%
- Sanofi SA 2.90%
- ABN AMRO Bank NV 2.87%
- Persimmon PLC 2.83%
Asset Allocation
| Weighting | Return Low | Return High | INVYX % Rank | |
|---|---|---|---|---|
| Stocks | 96.68% | 0.00% | 102.63% | 63.30% |
| Cash | 3.31% | 0.00% | 44.84% | 21.87% |
| Other | 0.01% | -2.05% | 69.93% | 42.66% |
| Preferred Stocks | 0.00% | -0.05% | 6.57% | 87.31% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 71.93% |
| Bonds | 0.00% | -0.46% | 79.43% | 72.48% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | INVYX % Rank | |
|---|---|---|---|---|
| Financial Services | 24.89% | 0.00% | 47.75% | 2.66% |
| Technology | 12.90% | 0.00% | 36.32% | 36.99% |
| Consumer Cyclical | 10.72% | 0.00% | 36.36% | 36.68% |
| Healthcare | 10.22% | 0.00% | 20.35% | 71.32% |
| Consumer Defense | 9.31% | 0.00% | 32.29% | 49.84% |
| Industrials | 9.29% | 5.17% | 99.49% | 95.30% |
| Basic Materials | 8.66% | 0.00% | 23.86% | 38.40% |
| Communication Services | 7.05% | 0.00% | 21.69% | 30.56% |
| Energy | 4.68% | 0.00% | 16.89% | 55.17% |
| Utilities | 2.27% | 0.00% | 13.68% | 63.32% |
| Real Estate | 0.00% | 0.00% | 14.59% | 91.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | INVYX % Rank | |
|---|---|---|---|---|
| Non US | 85.87% | 0.00% | 99.44% | 64.22% |
| US | 10.81% | 0.00% | 102.01% | 28.59% |
INVYX - Expenses
Operational Fees
| INVYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.01% | 19.62% | 51.76% |
| Management Fee | 0.65% | 0.00% | 1.65% | 51.54% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 13.27% |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| INVYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| INVYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| INVYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 62.00% | 2.00% | 247.00% | 77.11% |
INVYX - Distributions
Dividend Yield Analysis
| INVYX | Category Low | Category High | INVYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.24% | 0.00% | 17.49% | 80.12% |
Dividend Distribution Analysis
| INVYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| INVYX | Category Low | Category High | INVYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.40% | -0.93% | 6.38% | 21.79% |
Capital Gain Distribution Analysis
| INVYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2023 | $0.347 | OrdinaryDividend |
| Nov 27, 2023 | $0.164 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.524 | OrdinaryDividend |
| Nov 21, 2022 | $0.377 | CapitalGainLongTerm |
| Dec 29, 2021 | $0.688 | OrdinaryDividend |
| Nov 29, 2021 | $2.765 | CapitalGainLongTerm |
| Dec 29, 2020 | $0.144 | OrdinaryDividend |
| Dec 27, 2019 | $0.519 | OrdinaryDividend |
| Nov 26, 2019 | $0.067 | CapitalGainLongTerm |
| Dec 26, 2018 | $0.589 | OrdinaryDividend |
| Nov 28, 2018 | $0.772 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.537 | OrdinaryDividend |
| Dec 28, 2016 | $0.250 | OrdinaryDividend |
| Dec 28, 2015 | $0.421 | OrdinaryDividend |
| Dec 29, 2014 | $1.309 | OrdinaryDividend |
| Dec 27, 2013 | $0.586 | OrdinaryDividend |
| Dec 27, 2012 | $0.408 | OrdinaryDividend |
| Dec 28, 2011 | $0.350 | OrdinaryDividend |
| Dec 28, 2010 | $0.305 | OrdinaryDividend |
| Dec 28, 2009 | $0.132 | OrdinaryDividend |
INVYX - Fund Manager Analysis
Managers
Marco Pirondini
Start Date
Tenure
Tenure Rank
Sep 01, 2010
11.75
11.8%
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.
Brian Chen
Start Date
Tenure
Tenure Rank
Dec 09, 2019
2.48
2.5%
Brian Chen joined Clough Capital in 2010 and currently serves as a Portfolio Manager for the Clough China Fund. Brian has over 27 years of Asia investment industry experience and covers investments in that region. Prior to joining the Firm, Brian was an Analyst at both Liberty Square Asset Management and Grosvenor Street Capital concentrating on public equities, and he also worked at ChinaVest on the private equity side. Brian also has extensive Wall Street experience from earlier in his career having worked at Salomon Brothers, Credit Suisse First Boston and ING-Barings. Additionally, Brian is a CFA® charterholder and holds a B.A. in Economics from Duke University as well as an MBA with concentrations in Finance and International Business from Columbia University Business School.
Jeffrey Sacknowitz
Start Date
Tenure
Tenure Rank
Apr 01, 2021
1.16
1.2%
Mr. Sacknowitz is a Portfolio Manager in the International/Global Equities group. He is responsible for managing International Growth strategies. Mr. Sacknowitz joined Putnam in 1999 and has been in the investment industry since 1993. Previously at Putnam, Mr. Sacknowitz was an Analyst in the Global Equity Research group, where he focused on the global technology sector. Prior to joining Putnam, he was an Investment Officer at Independence Investment Associates from 1998 to 1999, and an Analyst at HSBC James Capel Tokyo from 1993 to 1998. Mr. Sacknowitz earned an M.A. in Political Science and International Relations from Princeton University; and M.A in International Relations, Japanese Politics, from the University of Tokyo; and a B.A. from Colgate University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.35 | 3.25 |