Morningstar® Investment Profile™   Morningstar®
Disclosure		   Format
for Print
Pioneer Fund VCT I
Release date as of 2024-03-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-03-31
Out of 1293
Large Blend Funds
Morningstar®
Style Box™
What is this?
As of 2024-02-29
Total Fund Assets ($ Mil)
143.51
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks reasonable income and capital growth.
The portfolio invests in a broad group of carefully selected securities that the portfolio's adviser believes are reasonably priced, rather than in securities whose prices reflect a premium resulting from their current market popularity. It primarily invests in securities of U.S. issuers. The portfolio may invest up to 15% of its total assets in securities of non-U.S. issuers. It will not invest more than 5% of its total assets in the securities of emerging markets issuers. The portfolio may invest up to 15% of its net assets in REITs.
  Morningstar Category: Large Blend
Large-blend portfolios are fairly representative of the overall US stock market in size, growth rates and price. Stocks in the top 70% of the capitalization of the US equity market are defined as large cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. These portfolios tend to invest across the spectrum of US industries, and owing to their broad exposure, the portfolios' returns are often similar to those of the S&P 500 Index. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 94.4
Bullet Non-U.S. Stocks Non-U.S. Stocks 5.2
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-02-29
Morningstar Equity Sectors
% of Stocks
Cyclical 35.81
Basic Materials 11.97
Consumer Cyclical 8.02
Financial Services 15.82
Real Estate 0.00
Sensitive 49.94
Communication Services 7.91
Energy 3.75
Industrials 7.05
Technology 31.23
Defensive 14.26
Consumer Defensive 4.11
Healthcare 10.15
Utilities 0.00
Data through 2024-02-29
Holding Status
Total Number of Stock Holdings 44
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 44.42
Turnover % (as of 2023-12-31) 64.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
Microsoft Corp 38.04 6.88
NVIDIA Corp 75.74 5.47
Martin Marietta Materials Inc 31.78 5.30
Alphabet Inc Class A 26.02 4.63
Apple Inc 26.67 4.25
Amazon.com Inc 62.20 4.09
Chevron Corp 13.89 3.74
Citizens Financial Group Inc 11.59 3.38
Truist Financial Corp --- 3.36
Caterpillar Inc 18.21 3.32
Data through 2024-02-29
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Value Investing, Market/Market Volatility, Industry and Sector Investing, IPO, Other, Preferred Stocks, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, Warrants, Derivatives, Leverage, Pricing, Fixed-Income Securities, Socially Conscious, Increase in Expenses, Shareholder Activity, Management, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 1997-10-31
Portfolio Manager(s)
Jeffrey L. Kripke   (2015-07-01)
Jeff Kripke, Senior Vice President of Amundi US, joined Amundi US in 2015. Prior to joining Amundi US, Mr. Kripke was at Allianz Global Investors, where he was Co-CIO of the Disciplined Equity Group and a portfolio manager since 2014. Previously, Mr. Kripke was at Wellington Management Company from 2001–2013, where he was an associate partner and portfolio manager.
Craig Sterling   (2019-07-31)
Craig Sterling is a Senior Vice President and Head of Equity Research, U.S. at Amundi Pioneer. He joined Amundi Pioneer in May 2015. Prior to joining Amundi Pioneer, he was Managing Director and Global Head of Equity Research at EVA Dimensions LLC in New York, an independent equity research firm. Prior to June 2011, he served as a Director in the HOLT Group at Credit Suisse.
James Yu   (2019-07-31)
James Yu, Vice President and Portfolio Manager of Amundi US, joined Amundi US in 2015. Prior to joining Amundi US, Mr. Yu was a Senior Research Analyst at Wells Capital Management, where he supported small-cap value and mid-cap value strategies. Mr. Yu has been an investment professional since 1995.
John A. Carey   (1997-10-31)
John Carey is Managing Director, Portfolio Manager, and Director of Equity Income, US. He leads a team that manages US dividend equity strategies and is a member of a team managing a US large-cap core strategy for retail and institutional clients, which includes an ESG mandate. John is a member of the US Investment Committee and US Operating Committee at Amundi US. He is a frequent media commentator on US equity markets and meets often with investors to discuss the economy and markets. John began his investment career in 1979 when he joined Amundi US. During his career with the company, he has analyzed many industries, including publishing, media, and autos. His previous experience includes consulting and venture capital as well as teaching. John holds a B.A. from Columbia University and an A.M. and Ph.D. from Harvard University. He is a CFA® charterholder.
Investment Advisor(s)
Amundi Asset Management US, Inc.
Issuer
Amundi US
Subadvisor(s)
---
Show Data Definitions

© Copyright 2024 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.