Pioneer Equity Income VCT II |
|
 |
|
Release date as of 2023-04-30. Data on page is subject to change. |
|
|
Overall Morningstar Rating™
|
What is this?
|
|
 |
As of 2023-04-30 |
|
Out of 1135 Large Value Funds
|
|
|
|
|
|
Total Fund Assets ($ Mil) |
90.67 |
|
|
|
Investment Objective & Strategy |
|
The investment seeks current income and long-term growth of capital from a portfolio consisting primarily of income producing equity securities of U.S. corporations.
|
|
Normally, the portfolio invests at least 80% of its total assets in income producing equity securities of U.S. issuers. The remainder of the portfolio may be invested in debt securities, most of which are expected to be convertible into common stocks. The portfolio may invest up to 20% of its total assets in securities of non-U.S. issuers, including depositary receipts. It will not invest more than 5% of its total assets in the securities of emerging markets issuers. |
|
|
Morningstar Category: Large Value |
|
Large-value portfolios invest primarily in big U.S. companies that are less expensive or growing more slowly than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large 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).
|
|
|
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. |
|
|
% of Net Assets |
 |
U.S. Stocks |
90.8 |
 |
Non-U.S. Stocks |
8.9 |
 |
Bonds |
0.0 |
 |
Cash |
0.4 |
 |
Other |
0.0 |
|
|
 |
Data through 2023-03-31 |
|
|
|
|
Morningstar Equity Sectors |
|
|
|
% of Stocks |
 |
Cyclical |
33.88 |
 |
Basic Materials |
6.90 |
 |
Consumer Cyclical |
6.56 |
 |
Financial Services |
15.05 |
 |
Real Estate |
5.37 |
|
|
|
 |
Sensitive |
36.41 |
 |
Communication Services |
5.31 |
 |
Energy |
6.95 |
 |
Industrials |
15.55 |
 |
Technology |
8.60 |
|
|
|
 |
Defensive |
29.71 |
 |
Consumer Defensive |
9.40 |
 |
Healthcare |
15.23 |
 |
Utilities |
5.08 |
|
Data through 2023-03-31 |
|
|
Total Number of Stock Holdings |
98 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
19.21 |
|
|
Turnover % |
(as of 2022-12-31) |
36.00 |
30 Day SEC Yield % |
--- |
|
|
Sector |
P/E |
% of Net Assets
|
 |
 |
 |
 |
 |
 |
Sun Life Financial Inc |
 |
--- |
2.45 |
|
Reliance Steel & Aluminum Co |
 |
8.84 |
2.31 |
|
Exxon Mobil Corp |
 |
8.01 |
2.12 |
|
Chevron Corp |
 |
9.10 |
1.94 |
|
Materion Corp |
 |
26.16 |
1.93 |
 |
 |
PACCAR Inc |
 |
12.45 |
1.85 |
|
Alexandria Real Estate Equities Inc |
 |
--- |
1.74 |
|
Mondelez International Inc Class A |
 |
26.73 |
1.67 |
|
The Interpublic Group of Companies Inc |
 |
15.53 |
1.62 |
|
Raytheon Technologies Corp |
 |
26.71 |
1.58 |
 |
|
 |
|
|
|
|
|
Foreign Securities, Loss of Money, Not FDIC Insured, Value Investing, Market/Market Volatility, Convertible Securities, High-Yield Securities, Industry and Sector Investing, IPO, Other, Preferred Stocks, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, Derivatives, Leverage, Pricing, Fixed-Income Securities, Socially Conscious, Increase in Expenses, Shareholder Activity, Management, Large Cap, Real Estate/REIT Sector |
|
Show Risk Definitions |
|
|
Inception Date: 1999-09-14 |
|
John A. Carey (1995-03-01) |
|
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. |
|
Sammi Truong (2018-05-01) |
|
Ms. Truong, a Vice President of Amundi Pioneer, joined Amundi Pioneer in 2001 and has been an investment professional since 2001. |
|
|
|
Amundi Asset Management US, Inc. |
|
|
|
|
|
|
 © Copyright 2023 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.
|
|