Pioneer Investments:


Mutual Funds
Funds Directory
Balanced / Flexible Funds
Equity Funds
International Equity Funds
Fixed Income Funds
Asset Allocation Series
Alternatives
Daily Pricing
Performance
Distributions
Historical Distributions
Morningstar Ratings
Historical Pricing
Holdings
Home Funds & Products Mutual Funds Printable Version

Pioneer Select Mid Cap Growth Fund

On June 7, 2013, Pioneer Select Mid Cap Growth Fund reorganized with Pioneer Growth Opportunities Fund. The combined fund was renamed Pioneer Select Mid Cap Growth Fund.

Strategy

FUND STRATEGY

The Fund seeks long-term capital growth by investing primarily in the equity securities of mid-size companies. The Fund's objective is to own higher-quality, sustainable growth companies that we believe have a competitive advantage and to buy them at the right price with a favorable risk/reward ratio.


PORTFOLIO MANAGEMENT PERSPECTIVE

A WORD ABOUT RISK

Investing in small and mid-sized companies may offer the potential for higher returns, but are also subject to greater short-term price fluctuations than larger, more established companies. The Fund invests in a limited number of securities and, as a result, the Fund's performance may be more volatile than the performance of other funds holding more securities. At times, the Fund's investments may represent industries or industry sectors that are interrelated or have common risks, making it more susceptible to any economic, political, or regulatory developments or other risks affecting those industries and sectors. These risks may increase share price volatility.


Fund Facts

As of March 31, 2014

ClassA SharesB SharesC SharesR SharesY Shares*
CUSIP72387W40872387W50772387W60672387W73972387W762
Nasdaq SymbolPGOFXGOFBXGOFCXPGRRXGROYX
Inception Date/
Performance Inception Date
6/30/19937/10/20001/7/20027/10/20006/23/2004
Total Net Assets (millions)$988.9$8.3$69.7$10.0$107.2
Initial Minimum Investment$1,000$1,000$1,000$0$5,000,000
Management Fee0.61%0.61%0.61%0.61%0.61%
Gross Expense Ratio1.12%2.58%1.97%1.52%0.76%

Initial minimum investment amounts for retirement plans are lower.
*Class Y shares are not subject to sales charges and are available for limited groups of investors, including institutional investors.


Portfolio Characteristics

As of March 31, 2014

Average P/E (Trailing)34.8
Weighted Avg. Mkt. Capitalization (millions)$16,364
Median Market Capitalization (millions)$7,580
Total Holdings155
Turnover104%

P/E refers to the price of a stock divided by its earnings per share. Reflects weighted average of trailing 12-month price-to-earnings ratios of portfolio holdings.
Market Capitalization reflects the total U.S.-denominated portion of the portfolio.
Turnover Ratio is the percentage of a fund's assets that have changed over the course of a given time period, usually a year. Mutual funds with higher turnover ratios tend to have higher expenses.


Portfolio Management


Ken Winston, Portfolio Manager
Mr. Winston, vice president, joined Pioneer in 2007 and has served as portfolio manager for the fund since 2009. Prior to joining Pioneer, he focused on small and mid cap growth portfolios at both Hartford Investment Management Company and Lee Munder Capital Group.
Shaji John, Portfolio Manager
Mr. John, a vice president, joined Pioneer in 2011 from JT Venture Partners, LLC where he was managing general partner from 2000 to 2011.
Jon Stephenson, Portfolio Manager
Mr. Stephenson, a vice president, joined Pioneer in 2011 from Summer Street Research as a Director of Research and Senior Biopharmaceuticals Analyst. Previously he had worked for Akasha Capital as a Senior Anaylst, for John Hancock as a Portfolio Manager and for State Street Research as an Analyst.
Effective April 1, 2013, Shaji John and Jon Stephenson joined Ken Winston as portfolio managers of the Fund.



Not FDIC insured May lose value No bank guarantee

Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your advisor or Pioneer Investments for a prospectus or summary prospectus containing this information. Read it carefully. To obtain a free prospectus and for information on any Pioneer fund, please download from our web site.

Neither Pioneer, nor its representatives, are legal or tax advisors. In addition, Pioneer does not provide advice or recommendations. The investments you choose should correspond to your needs, goals, and risk tolerance. For assistance in determining your financial situation, please consult an investment professional.

 
 

Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your advisor or Pioneer Investments for a prospectus or summary prospectus containing this information. Read it carefully. To obtain a free prospectus or summary prospectus and for information on any Pioneer fund, please download it here.

U.S. Home | Global Home | Site Map | Privacy | Legal | Business Continuity
Securities offered through Pioneer Funds Distributor, Inc., 60 State Street, Boston, MA. 02109. Underwriter of Pioneer mutual funds, Member SIPC © 2014 Pioneer Investments.