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.
Pioneer Equity Income Y PYEQX
NAV / 1-Day Return
42.68
/
0.07
%
Total Assets
2.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.770%
Expense Ratio
0.770%
Fee Level
Above Average
Longest Manager Tenure
30.89
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
5,000,000
Status
Open
TTM Yield
1.44%
Turnover
8%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PYEQX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PYEQX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PYEQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PYEQX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Despite some positives, this fund does not separate itself from the pack.
