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Pioneer Mid Cap Value VCT I
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 393
Mid-Cap Value Funds
Morningstar®
Style Box™
What is this?
As of 2022-04-30
Total Fund Assets ($ Mil)
117.16
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
Normally, the portfolio invests at least 80% of its total assets in equity securities of mid-size companies. It may invest up to 25% of its total assets in securities of non-U.S. issuers. The portfolio will not invest more than 5% of its total assets in the securities of emerging markets issuers. It may invest up to 20% of its net assets in REITs. The portfolio may invest up to 20% of its total assets in debt securities. It 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.
  Morningstar Category: Mid-Cap Value
Some mid-cap value portfolios focus on medium-size companies while others land here because they own a mix of small-, mid-, and large-cap stocks. All look for U.S. stocks that are less expensive or growing more slowly than the market. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Investment Risks
Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 96.6
Bullet Non-U.S. Stocks Non-U.S. Stocks 2.5
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.9
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 52.79
Basic Materials 6.18
Consumer Cyclical 16.93
Financial Services 18.38
Real Estate 11.30
Sensitive 29.21
Communication Services 1.24
Energy 8.79
Industrials 11.93
Technology 7.25
Defensive 17.99
Consumer Defensive 2.32
Healthcare 7.03
Utilities 8.64
Data through 2022-04-30
Holding Status
Total Number of Stock Holdings 70
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 26.78
Turnover % (as of 2021-12-31) 60.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
McKesson Corp 45.27 3.68
Marathon Petroleum Corp 24.01 3.36
Public Service Enterprise Group Inc --- 2.84
CenterPoint Energy Inc 23.74 2.75
M&T Bank Corp 13.75 2.64
Exelon Corp 28.91 2.44
The Hartford Financial Services Group Inc 10.00 2.35
Pioneer Natural Resources Co 16.55 2.35
Ross Stores Inc 18.89 2.20
Reliance Steel & Aluminum Co 7.43 2.17
Data through 2022-04-30
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Value Investing, Market/Market Volatility, Convertible Securities, 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, Mid-Cap, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 1995-03-01
Portfolio Manager(s)
Timothy P. Stanish   (2018-09-28)
Mr. Stanish joined Amundi Pioneer in 2018. Prior to joining Amundi Pioneer, he was at EVA Dimensions LLC, where he served as Managing Director and Global Head of Fundamental Research from 2015 to 2018 and as a Senior Equity Analyst from 2012 to 2015.
John Arege   (2022-02-28)
Mr. Arege joins RNC Genter as First Vice President, Financial Sector Analyst, and Co-Portfolio Manager of the Large Cap Core and Value strategies. Prior to joining RNC, he served as an Adjunct Professor, Finance at New York University. In addition, he was the Managing Director, Portfolio Manager, and Co-Head of Core and Value Equities at Goldman Sachs Asset Management. Prior to Goldman Sachs, Mr. Arege worked as a Senior Equity Fund Analyst for Merrill Lynch and as a Research Analyst at Standard & Poor's. He earned a B.A. in Accounting and Financial Management from The Catholic University and a Masters in Finance from Boston University. John also holds a law degree and is a CFA Charterholder.
Raymond Haddad   (2018-03-31)
Mr. Haddad joined Amundi Pioneer in 2014. Prior to joining Amundi Pioneer, he was a General Partner at Cedrus Capital Management from 2011 to 2014.
Investment Advisor(s)
Amundi Asset Management US, Inc.
Issuer
Amundi US
Subadvisor(s)
---
Show Data Definitions

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