Pioneer Real Estate Shares VCT II |
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Release date as of 2022-05-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2022-05-31 |
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Out of 231 Real Estate Funds
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Total Fund Assets ($ Mil) |
20.94 |
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Investment Objective & Strategy |
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The investment seeks long-term growth of capital; current income is a secondary objective.
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Normally, the portfolio invests at least 80% of its total assets in equity securities of real estate investment trusts (REITs) and other real estate industry issuers. It may at times emphasize particular sub-sectors of the real estate industry. The portfolio may invest up to 20% of its total assets in debt securities of real estate industry issuers, mortgage-backed securities and short-term investments. 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. |
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Morningstar Category: Real Estate |
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Real estate portfolios invest primarily in real estate investment trusts of various types. REITs are companies that develop and manage real estate properties. There are several different types of REITs, including apartment, factory-outlet, health-care, hotel, industrial, mortgage, office, and shopping center REITs. Some portfolios in this category also invest in real estate operating companies.
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Sector Funds: Funds that invest exclusively in one sector or industry involve risks due to the lack of industry diversification and expose the investor to increased industry-specific risks. |
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% of Net Assets |
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U.S. Stocks |
97.5 |
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Non-U.S. Stocks |
0.0 |
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Bonds |
0.0 |
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Cash |
2.5 |
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Other |
0.0 |
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Data through 2022-04-30 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
100.00 |
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Basic Materials |
0.00 |
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Consumer Cyclical |
1.35 |
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Financial Services |
0.00 |
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Real Estate |
98.65 |
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Sensitive |
0.00 |
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Communication Services |
0.00 |
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Energy |
0.00 |
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Industrials |
0.00 |
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Technology |
0.00 |
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Defensive |
0.00 |
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Consumer Defensive |
0.00 |
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Healthcare |
0.00 |
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Utilities |
0.00 |
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Data through 2022-04-30 |
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Total Number of Stock Holdings |
38 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
48.57 |
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Turnover % |
(as of 2021-12-31) |
106.00 |
30 Day SEC Yield % |
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Sector |
P/E |
% of Net Assets
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Prologis Inc |
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10.15 |
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Rexford Industrial Realty Inc |
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4.90 |
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Public Storage |
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4.72 |
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EastGroup Properties Inc |
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4.71 |
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Welltower OP LLC |
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4.59 |
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Extra Space Storage Inc |
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4.39 |
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Mid-America Apartment Communities Inc |
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4.07 |
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National Storage Affiliates Trust |
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3.75 |
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Kimco Realty Corp |
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3.68 |
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UDR Inc |
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3.61 |
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Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, High Portfolio Turnover, Market/Market Volatility, Convertible Securities, Industry and Sector Investing, IPO, Mortgage-Backed and Asset-Backed Securities, Other, Preferred Stocks, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, Warrants, Derivatives, Leverage, Pricing, Fixed-Income Securities, Increase in Expenses, Shareholder Activity, Management, Portfolio Diversification, Small Cap, Mid-Cap, Real Estate/REIT Sector |
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Show Risk Definitions |
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Inception Date: 2000-08-01 |
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Raymond Haddad (2018-01-01) |
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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. |
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Amundi Asset Management US, Inc. |
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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.
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