Strategy Objectives

The Pioneer US Large Cap Core Strategy (the Strategy) is an actively-managed, valuation-sensitive, large-cap-core equity strategy focused on high-quality companies whose stocks are selling at substantial discounts to their underlying value. 

 

We seek reasonable income and capital growth by investing primarily in the equity securities of US companies. The Strategy diversifies across all sectors of the S&P 500® Index using an actively managed, bottom-up approach that seeks under-valued, high quality stocks of well established companies in well established businesses. 

 

Key Features

  • Fundamental, research-driven approach: We focus on the research of securities which offer attractive risk/ reward ratio through analysis of industry structure, business outlook and financials. 
  • Focused on the long-term: Turnover has averaged less than 50% annually over the past 10 years. 
  • Socially responsible investing: For almost 60 years, the portfolio managers have applied socially responsible investment screens to avoid tobacco, alcohol and gambling stocks. This conscientious style was built into the investment process by Philip L. Carret, the founder of Pioneer. The current Portfolio Management team carries on this tradition. 
  • Dependable results: The Strategy has paid an annual dividend in every year since its inception. 

 

Literature

Strategy Fact Sheet Request Product Profile

Portfolio Management


Jeff Kripke 
Senior Vice President,
Portfolio Manager
biography

 

 


John Carey
Senior Vice President,
Portfolio Manager
biography

 

 


Walter Hunnewell 
Senior Vice President,
Portfolio Manager
biography

Strategy Highlights

Inception Date
January 1, 19901

 

Benchmark
S&P 500® Index 

 

¹John Carey took over the strategy in 1986; however, the strategy traces its roots back to 1928. The composite began in 1990.