The Fund seeks preservation of capital, liquidity and current income.
A WORD ABOUT RISK
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. The securities issued by U.S. Government sponsored entities (i.e., FNMA, Freddie Mac) are neither guaranteed nor issued by the U.S. Government. 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.
As of February 29, 2016
|Class||A Shares||Y Shares*|
Performance Inception Date
|Total Net Assets (millions)||$265.3||$63.6|
|Initial Minimum Invest.||$1,000||$5,000,000|
|Gross Expense Ratio||0.75%||0.46%|
Initial minimum investment amounts for retirement plans are lower.
As of February 29, 2016
Based on the latest seven days as of the period's end with dividends annualized. The yield quotation more closely reflects the current earnings of the Money Market portfolio than the total return quotation.
For money market funds, the weighted average life of the securities (WAL) held in a fund or portfolio can be used as a measure of sensitivity to changes in liquidity and/or credit risk. Generally, the higher the value, the greater the sensitivity. WAL is based on the dollar-weighted average length of time until principal payments must be paid, taking into account any call options exercised by the issuer and any permissible maturity shortening features other than interest rate resets. For money market funds, the difference between weighted average maturity (WAM) and WAL is that WAM takes into account interest rate resets and WAL does not. WAL for money market funds is not the same as WAL of a mortgage- or asset-backed security.
For a full list of fund holdings, click here.
Seth Roman, Portfolio Manager
Mr. Roman, a vice president, joined Pioneer in 2006 and has been an investment professional since 1995.
|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.