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overview/highlights.xsl

    overview/strategy.xsl

    Fund Strategy

    The fund seeks long-term capital growth through an investment approach which includes fundamental and quantitative analysis, investing in a portfolio comprised primarily of U.S. large-cap growth stocks.



    overview/mngmt.xsl

    Portfolio Management

      • Craig Sterling, Portfolio Manager
      • Mr. Sterling, a senior vice president and Director of Equity Research, US, joined Amundi Pioneer in 2015 and has been an investment professional since 1991.
      • Paul Cloonan, Portfolio Manager
      • Mr. Cloonan, a senior vice president, joined Amundi Pioneer in 1997 and has been an investment professional since that time.
      • Ace Savla, Portfolio Manager
      • Mr. Savla, a vice president and Team Leader of U.S. Equity Quantitative Research, joined Amundi Pioneer in 2003 and has been an investment professional since that time.

    Portfolio Management Perspective

    "The true benefit of this Fund is that it combines focused fundamental and quantitative research, allowing us to better identify the most attractive growth investment opportunities which may offer the potential for superior returns over time."

    overview/footnotes.xsl

    A WORD ABOUT RISK

    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. 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. Investing in foreign and/or emerging market securities involves risks relating to interest rates, currency exchange rates, economic, and political conditions. 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.
    overview/bankbox.xsl
    • 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 Amundi Pioneer 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.
    Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate advisers before making any investment or financial decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi Pioneer does not provide investment advice or investment recommendations.
    overview/mstarfootnotes.xsl

    About Morningstar Ratings:

    Ratings are based on past performance, which is no guarantee of future results. The Overall Morningstar RatingTM is based on a weighted average of the star ratings assigned to a fund's three, five, and ten year (as applicable) time periods. The Morningstar Category identifies funds based on their underlying portfolio holdings. Classifications are based on portfolio statistics and compositions over the past three years. For funds less than three years old, category classifications are based on life of the fund. Pioneer Disciplined Growth Fund was rated exclusively against U.S.-domiciled large growth funds as follows: 3, 3 and 4 stars among 1233, 1107 and 782 funds for the three-, five-, and 10-year periods ended 10/31/17, respectively. The Morningstar Rating is for Class A Shares only. Ratings may vary among share classes.
    Ratings are based on past performance, which is no guarantee of future results. Star ratings do not reflect the effect of any applicable sales load. The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The following copyright pertains only to Morningstar information. The Morningstar information contained herein 1) is proprietary to Morningstar; 2) may not be copied; and 3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ©2017 Morningstar, Inc. All Rights Reserved.
    perf/risk.xsl

    Risk Measures (3-Year)

    As of October 31, 2017

    As compared to the Russell 1000® Growth Index

    R-squared0.94
    Beta0.99
    Sharpe Ratio0.26
    Standard Deviation (Fund)10.80
    Standard Deviation (Benchmark)10.62
    Risk measures apply to Class A Shares only.
    Beta is a measure of the volatility of a fund relative to the overall market.
    R-squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market.
    Standard Deviation is a statistical measure of the historic volatility of a portfolio.
    Sharpe Ratio - a measure of excess return per unit of risk, as defined by standard deviation. A higher Sharpe ratio suggests better risk-adjusted performance.

    Source: Lipper.
    perf/performance.xsl

    Fund Performance

    10K chart
     

    Chart is for illustrative purposes. These results represent the percentage change in net asset value per share. Returns would have been lower had sales charges been reflected.

     
    For the most recent month-end performance results click here. Current performance may be lower or higher than the performance data quoted.


    The performance data quoted represents past performance, which is no guarantee of future results.
    Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. All results are historical and assume the reinvestment of dividends and capital gains.



    Performance results reflect any applicable expense waivers in effect during the periods shown. Without such waivers, fund performance would be lower. Waivers may not be in effect for all funds. Certain fee waivers are contractual through a specified period. Otherwise, fee waivers can be rescinded at any time. See the prospectus and financial statements for more information.

    Average Annual Total Returns

    through October 31, 2017
     
    1-Year
    3-Year
    5-Year
    10-Year
    Since Inception
    Class A Shares (NAV)
    27.40%
    9.92%
    15.09%
    8.20%
    9.23%
    Class A Shares (POP)
    20.09%
    7.78%
    13.74%
    7.56%
    8.69%
    Class C Return If Held
    26.33%
    8.99%
    14.10%
    -
    10.08%
    Class C Return If Redeemed
    26.33%
    8.99%
    14.10%
    -
    10.08%
    Class Y Shares (NAV)
    27.73%
    10.21%
    15.44%
    8.51%
    9.50%
    Russell 1000® Growth Index
    29.71%
    13.15%
    16.83%
    9.13%
    9.87%
    Lipper Large-Cap Growth Funds Average
    27.30%
    11.24%
    15.59%
    7.72%
    8.69%

    Average Annual Total Returns

    through September 30, 2017
     
    1-Year
    3-Year
    5-Year
    10-Year
    Since Inception
    Class A Shares (NAV)
    20.87%
    10.23%
    13.67%
    8.05%
    9.08%
    Class A Shares (POP)
    13.94%
    8.07%
    12.33%
    7.42%
    8.54%
    Class C Return If Held
    19.88%
    9.30%
    12.72%
    -
    9.91%
    Class C Return If Redeemed
    19.88%
    9.30%
    12.72%
    -
    9.91%
    Class Y Shares (NAV)
    21.18%
    10.54%
    14.01%
    8.37%
    9.35%
    Russell 1000® Growth Index
    21.94%
    12.69%
    15.26%
    9.08%
    9.59%
    Lipper Large-Cap Growth Funds Average
    20.13%
    10.99%
    13.94%
    7.80%
    8.44%

    Calendar Year Returns (Total Return)

    through October 31, 2017
     
    YTD
    2016
    2015
    2014
    2013
    Class A Shares at NAV
    21.78%
    3.82%
    3.00%
    14.00%
    33.36%
    Class C Shares at NAV
    20.97%
    2.90%
    2.10%
    13.04%
    32.23%
    Class Y Shares at NAV
    22.05%
    4.05%
    3.34%
    14.39%
    33.72%
    Russell 1000® Growth Index
    25.40%
    7.08%
    5.67%
    13.05%
    33.48%
    Lipper Large-Cap Growth Funds Average
    26.02%
    1.71%
    5.77%
    10.69%
    34.44%

    Class A Share (POP): Reflects deduction of maximum 5.75% sales charge.
    Performance for periods prior to the inception of Class Y Shares on 7/31/08 reflects the NAV performance of the Fund's Class A Shares. The performance does not reflect differences in expenses, including the 12b-1 fees applicable to Class A Shares. Since fees for Class A Shares are generally higher than those of Class Y, the performance shown for the Class Y Shares prior to their inception would have been higher. Class Y shares are not subject to sales charges and are available for limited groups of investors, including institutional investors.
    NAV results represent the percent change in net asset value per share. The Russell 1000 Growth Index (benchmark) measures the performance of large-cap U.S. growth stocks. The Lipper Large Cap Growth Funds Average represents the average annual returns for all Large Cap Growth Funds for the respective time periods. Indices are unmanaged and their returns assume reinvestment of dividends and, unlike fund returns, do not reflect any fees or expenses. You cannot invest directly in an index. Periods less than one year are actual, not annualized.
    perf/bankbox.xsl
    • 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 Amundi Pioneer 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.
    Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate advisers before making any investment or financial decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi Pioneer does not provide investment advice or investment recommendations.
    perf/mstarfootnotes.xsl

    About Morningstar Ratings:

    Ratings are based on past performance, which is no guarantee of future results. The Overall Morningstar RatingTM is based on a weighted average of the star ratings assigned to a fund's three, five, and ten year (as applicable) time periods. The Morningstar Category identifies funds based on their underlying portfolio holdings. Classifications are based on portfolio statistics and compositions over the past three years. For funds less than three years old, category classifications are based on life of the fund. Pioneer Disciplined Growth Fund was rated exclusively against U.S.-domiciled large growth funds as follows: 3, 3 and 4 stars among 1233, 1107 and 782 funds for the three-, five-, and 10-year periods ended 10/31/17, respectively. The Morningstar Rating is for Class A Shares only. Ratings may vary among share classes.
    Ratings are based on past performance, which is no guarantee of future results. Star ratings do not reflect the effect of any applicable sales load. The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The following copyright pertains only to Morningstar information. The Morningstar information contained herein 1) is proprietary to Morningstar; 2) may not be copied; and 3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ©2017 Morningstar, Inc. All Rights Reserved.
    holdings/portfolio.xsl

    Portfolio Allocation

    (% of Portfolio) as of October 31, 2017
    U.S. Equities91.6%
    Emerging Markets Equity4.2%
    International Equities3.6%
    Other0.5%
    holdings/topholdings.xsl

    Top Holdings

    (% of Portfolio) as of October 31, 2017
    1Apple, Inc.8.1%
    2Microsoft Corp.6.5%
    3The Home Depot, Inc.4.7%
    4The Sherwin-Williams Co.4.6%
    5ALPHABET INC CLASS A4.5%
    6Taiwan Semiconductor Manufacturing Co, Ltd. (A.D.R.)4.2%
    7CDW Corp./DE4.0%
    8Comcast Corp.4.0%
    9Masco Corp.3.6%
    10Humana, Inc.3.4%
     TOTAL 47.6%
    *The portfolio is actively managed and current fund information is subject to change. The holdings listed should not be considered recommendations to buy or sell any security listed.

    Click here for a full list of holdings.

    holdings/sectors.xsl

    Top Sectors

    (% of Portfolio) as of October 31, 2017
    1Information Technology40.5%
    2Consumer Discretionary21.9%
    3Health Care13.8%
    4Industrials9.0%
    5Materials5.9%
    6Financial5.1%
    7Consumer Staples2.6%
    8Energy1.2%
     TOTAL 100.0%
    holdings/qualitydist.xslholdings/country.xslholdings/bankbox.xsl
    • 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 Amundi Pioneer 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.
    Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate advisers before making any investment or financial decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi Pioneer does not provide investment advice or investment recommendations.
    holdings/mstarfootnotes.xsl

    About Morningstar Ratings:

    Ratings are based on past performance, which is no guarantee of future results. The Overall Morningstar RatingTM is based on a weighted average of the star ratings assigned to a fund's three, five, and ten year (as applicable) time periods. The Morningstar Category identifies funds based on their underlying portfolio holdings. Classifications are based on portfolio statistics and compositions over the past three years. For funds less than three years old, category classifications are based on life of the fund. Pioneer Disciplined Growth Fund was rated exclusively against U.S.-domiciled large growth funds as follows: 3, 3 and 4 stars among 1233, 1107 and 782 funds for the three-, five-, and 10-year periods ended 10/31/17, respectively. The Morningstar Rating is for Class A Shares only. Ratings may vary among share classes.
    Ratings are based on past performance, which is no guarantee of future results. Star ratings do not reflect the effect of any applicable sales load. The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The following copyright pertains only to Morningstar information. The Morningstar information contained herein 1) is proprietary to Morningstar; 2) may not be copied; and 3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ©2017 Morningstar, Inc. All Rights Reserved.

    Daily Pricing

    prices/dailypricing.xsl
    Past performance is no guarantee of future results.Share price, yield and return will vary and you may have a gain or loss when you sell your shares.
    Y Shares are available only to investors eligible to invest in products at NAV (Net Asset Value).
    NAV returns do not reflect the deduction of sales charges which would lower returns.
    Call 1-800-225-6292 or visit the fund performance page for the most recent month-end performance results. Current performance may be lower or higher than the performance data quoted.
    The performance data quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.

    Historical Pricing

    Click here for historical pricing.

    Distributions

    Click here for distributions.

    Sales Charges

    Trail fees are paid quarterly to qualifying dealers at a maximum rate of 0.25% on the net assets of your clients' accounts for all funds, with the exception of Pioneer Multi-Asset Ultrashort Income Fund A Shares, which pays 0.20%, and Pioneer Cash Reserves A Shares, which pays 0.05%.

    prices/bankbox.xsl
    • 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 Amundi Pioneer 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.
    Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate advisers before making any investment or financial decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi Pioneer does not provide investment advice or investment recommendations.
    prices/mstarfootnotes.xsl

    About Morningstar Ratings:

    Ratings are based on past performance, which is no guarantee of future results. The Overall Morningstar RatingTM is based on a weighted average of the star ratings assigned to a fund's three, five, and ten year (as applicable) time periods. The Morningstar Category identifies funds based on their underlying portfolio holdings. Classifications are based on portfolio statistics and compositions over the past three years. For funds less than three years old, category classifications are based on life of the fund. Pioneer Disciplined Growth Fund was rated exclusively against U.S.-domiciled large growth funds as follows: 3, 3 and 4 stars among 1233, 1107 and 782 funds for the three-, five-, and 10-year periods ended 10/31/17, respectively. The Morningstar Rating is for Class A Shares only. Ratings may vary among share classes.
    Ratings are based on past performance, which is no guarantee of future results. Star ratings do not reflect the effect of any applicable sales load. The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The following copyright pertains only to Morningstar information. The Morningstar information contained herein 1) is proprietary to Morningstar; 2) may not be copied; and 3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ©2017 Morningstar, Inc. All Rights Reserved.

    Literature

    literature/litfootnotes.xsl
    *SAI = Statement of Additional Information
    Printed copies can also be ordered by visiting Order Literature.
    If you have any questions, call our Sales Desk at 1-800-622-9876.
    All downloaded documents are in Adobe® Acrobat format. To view these documents, your computer must be equipped with the Adobe® Acrobat Reader, available free from Adobe: download Adobe Acrobat Reader.
    literature/bankbox.xsl
    • 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 Amundi Pioneer 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.
    Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate advisers before making any investment or financial decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi Pioneer does not provide investment advice or investment recommendations.
    literature/mstarfootnotes.xsl

    About Morningstar Ratings:

    Ratings are based on past performance, which is no guarantee of future results. The Overall Morningstar RatingTM is based on a weighted average of the star ratings assigned to a fund's three, five, and ten year (as applicable) time periods. The Morningstar Category identifies funds based on their underlying portfolio holdings. Classifications are based on portfolio statistics and compositions over the past three years. For funds less than three years old, category classifications are based on life of the fund. Pioneer Disciplined Growth Fund was rated exclusively against U.S.-domiciled large growth funds as follows: 3, 3 and 4 stars among 1233, 1107 and 782 funds for the three-, five-, and 10-year periods ended 10/31/17, respectively. The Morningstar Rating is for Class A Shares only. Ratings may vary among share classes.
    Ratings are based on past performance, which is no guarantee of future results. Star ratings do not reflect the effect of any applicable sales load. The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The following copyright pertains only to Morningstar information. The Morningstar information contained herein 1) is proprietary to Morningstar; 2) may not be copied; and 3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ©2017 Morningstar, Inc. All Rights Reserved.
    common/morningstar.xsl
    Overall Morningstar RatingTM




    (out of 1233 funds in the Large Growth Category)


    Morningstar proprietary ratings reflect risk-adjusted performance as of 10/31/17

    common/fundfacts.xsl

    As of October 31, 2017

    Fund Facts
    CUSIP723922100723922308723922407
    Nasdaq SymbolPINDXINDCXINYDX
    Inception Date/
    Performance Inception Date
    12/15/20057/16/200812/15/2005
    Total Net Assets (millions)$1,150.6$22.6$45.8
    Initial Minimum Invest.$1,000$1,000$5,000,000
    Management Fee0.65%0.65%0.65%
    Gross Expense Ratio1.13%1.98%0.86%

    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.


    common/characters.xsl
    Portfolio Characteristics

    As of October 31, 2017

    Average P/E (Trailing)19.9
    Weighted Avg. Mkt. Capitalization (millions)$220,850
    Median Market Capitalization (millions)$36,952
    Total Holdings42
    Turnover76%

    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. Average P/E ratio (Forecast) is the current price of a stock divided by the estimated one year projection of its earnings per share.
    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 a given period, usually a year. Mutual funds with higher turnover ratios tend to have higher expenses.


    USCEXP-2018-10-24-ADID-283891-CLC-1Y-T