Experienced leadership is a plus, but continued turnover on the analyst team and a relatively undifferentiated process limit Pioneer Equity Income to a Morningstar Analyst Rating of Neutral.
Will PEQIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PEQIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PEQIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PEQIX’s parent organization’s priorities and whether they’re in line with investors’ interests.