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Pioneer Mid Cap Value VCT I
Release date as of 2024-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-05-31
Out of 376
Mid-Cap Value Funds
Morningstar®
Style Box™
What is this?
As of 2024-04-30
Total Fund Assets ($ Mil)
110.63
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 99.4
Bullet Non-U.S. Stocks Non-U.S. Stocks 0.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.7
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 46.50
Basic Materials 6.00
Consumer Cyclical 11.49
Financial Services 21.98
Real Estate 7.03
Sensitive 32.19
Communication Services 2.70
Energy 8.43
Industrials 15.06
Technology 6.00
Defensive 21.30
Consumer Defensive 6.27
Healthcare 8.52
Utilities 6.51
Data through 2024-04-30
Holding Status
Total Number of Stock Holdings 63
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 28.53
Turnover % (as of 2023-12-31) 48.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
State Street Corporation 13.92 3.34
Coterra Energy Inc Ordinary Shares 16.58 3.14
eBay Inc 10.82 3.10
AerCap Holdings NV 6.18 3.04
Zimmer Biomet Holdings Inc 24.98 2.99
Chord Energy Corp Ordinary Shares - New 8.71 2.66
M&T Bank Corp 10.24 2.60
Public Service Enterprise Group Inc 20.99 2.58
Truist Financial Corp --- 2.58
American International Group Inc 11.78 2.50
Data through 2024-04-30
  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)
John Arege is a Managing Director, Director of Large Cap Value, US, and Portfolio Manager. As leader of the Large Cap Value Team, John is responsible for overseeing the management our Equity Income and Intrinsic Value strategies. He is also a portfolio manager on our Mid-Cap Value strategy. John joined Amundi US from Genter Capital Management where he was Portfolio Manager of Core and Value Equities and was a member of the Investment Policy Committee. He also served as an Adjunct Professor of Corporate Finance at New York University. Prior to Genter Capital, John worked for 12 years at Goldman Sachs Asset Management as Managing Director, Co-Head of Value & Core equities and was a portfolio manager. Prior to Goldman, he was a Senior Equity Analyst at Merrill Lynch Investment Managers, where he focused on large-cap value and mid-cap value equity funds. Earlier in his career, he was a Research Analyst for Standard & Poor’s, an Associate Attorney in New York and as a Judicial Lawyer for the Superior Court of the State of New Jersey. John has an M.S. in Banking and Financial Services from Boston University, a J.D. from the Jacob D. Fuchsberg Law Center in New York, and a B.A. in Accounting and Financial Management from Catholic University in Washington, D.C. He is a CFA® charterholder, a licensed attorney in New York, New Jersey and Washington, D.C.
Investment Advisor(s)
Amundi Asset Management US, Inc.
Issuer
Amundi US
Subadvisor(s)
---
Show Data Definitions

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