Pioneer Funds - Real Assets Target Income
1 Expected income target in 2017 Class A USD Distributing Quarterly, this target income can be exceeded or undershot and should not be construed as an assurance or guarantee.
2 Total return of 7.4% as of 31 December 2016 Class A USD Distributing Quarterly with dividends reinvested. Past performance does not guarantee and is not indicative of future results
3 Quarterly Distributing: 29 April 2016, 29 July 2016, 31 October 2016 and 31 January 2017. The term Income refers to the income paid in any particular year. Treatment for tax purposes may vary depending on the jurisdiction. Please consult your tax adviser in order to understand any applicable tax consequences. Income target and income is gross of fees.
4 2014 (Pro-rated Target) 2014 Full Year Target: 5.25% Inception Date: 28 March 2014
5 Volatility calculated from inception on 28 March 2014 to 31 December 2016. Please note: This internal target does not necessarily represent statutory or prospectus limitations. These internal guidelines are used as guidance in the daily management of the fund’s investments. These guidelines are subject to change and should not be relied upon as a long term view of the fund’s exposures, limitations, and/or risks. For complete information on the Fund’s investment objectives, strategy, risks, and limitations please review the Fund prospectus