M&A - PIONEER ASSET ALLOCATION TRUST

Form Type: N-CSRS

Filing Date: 2025-03-28

Corporate Action: Merger

Type: Update

Accession Number: 000119312525066458

Filing Summary: Pioneer Asset Allocation Trust's semi-annual report for the period of August 1, 2024, to January 31, 2025, includes details regarding a significant merger transaction. Amundi Asset Management US, Inc., the Fund’s investment adviser, announced on July 9, 2024, that it entered into a definitive agreement with Victory Capital Holdings, Inc. to combine operations and for Amundi to become a strategic shareholder in Victory Capital. The transaction is subject to regulatory approvals and approvals from the shareholders of the Fund, specifically concerning a planned reorganization of the Fund into a new Victory Fund managed by Victory Capital Management Inc. The Fund’s Board of Trustees has already approved this reorganization, contingent upon shareholder approval. Key financial statistics indicate that the Fund had net assets of approximately $385 million and included various asset allocations across international equities, fixed income, and U.S. equities.

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Form Type: DEFA14A

Filing Date: 2025-03-19

Corporate Action: Merger

Type: New

Accession Number: 000119312525057381

Filing Summary: Pioneer Asset Allocation Trust is engaging in a reorganization proposal to integrate the advisory businesses of Amundi US and Victory Capital Management. The reorganization will lead to each open-end Pioneer Fund being merged into newly-created Victory Pioneer Funds, with management expected to follow the current Pioneer Fund's portfolio management team. Shareholders are encouraged to vote on this proposal at the Special Meeting scheduled for March 27, 2025. Those who are undecided on their vote are asked to abstain, ensuring their shares are counted towards quorum requirements. The communication emphasizes the importance of shareholder participation in the upcoming vote to avoid costly meeting adjournments, highlighting various voting options available to shareholders.

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Form Type: DEFA14A

Filing Date: 2025-03-17

Corporate Action: Merger

Type: New

Accession Number: 000119312525055685

Filing Summary: Pioneer Asset Allocation Trust is preparing for a Special Meeting of Shareholders scheduled for March 27, 2025, to vote on a proposal regarding the reorganization of the Pioneer Funds into newly-created funds within the Victory Funds. This reorganization is part of a strategy to integrate the advisory businesses of Amundi US and Victory Capital Management. Shareholders are encouraged to vote by replying to the provided email with their instructions. The proxy materials for the meeting are accessible online, highlighting the importance of shareholder participation in this decision-making process.

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Form Type: DEFA14A

Filing Date: 2025-03-11

Corporate Action: Merger

Type: New

Accession Number: 000119312525052050

Filing Summary: Pioneer Asset Allocation Trust is undergoing a planned reorganization where shareholders will vote to approve the reorganization of Pioneer Funds into newly-created Victory Pioneer Funds. This follows a recommendation from Institutional Shareholder Services, Inc. (ISS) to vote 'FOR' the reorganization proposal, which will be discussed at a Special Meeting of Shareholders on March 27, 2025. Each open-end Pioneer Fund will merge into a corresponding Victory Pioneer Fund, which will continue to be managed by the current portfolio management teams. The reorganizations aim to integrate Amundi US's advisory business with Victory Capital Management, ensuring that net expenses for the new funds remain at or below current levels for at least three years post-reorganization. Detailed information has been sent to shareholders for voting options, emphasizing the importance of participation in the decision-making process.

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Form Type: DEFA14A

Filing Date: 2025-03-05

Corporate Action: Merger

Type: New

Accession Number: 000119312525047049

Filing Summary: Pioneer Asset Allocation Trust is addressing shareholders with important proxy materials regarding a proposal to reorganize and merge each Pioneer Fund into newly-created funds within the Victory Funds. This comes as part of an integration plan between Amundi US and Victory Capital Management. The reorganization will involve merging each Pioneer Fund into a corresponding Fund within the Victory Portfolios IV trust, with similar investment objectives, strategies, and policies. The current management team is expected to continue managing the new Victory Pioneer Funds, ensuring that there is no material change in day-to-day portfolio management. Additionally, net expenses for the new funds will not exceed those of the corresponding Pioneer Funds for at least three years post-reorganization. Shareholders have not yet voted, and participation in the vote is encouraged, with several voting options provided including online, phone, and mail.

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Form Type: DEFA14A

Filing Date: 2025-02-28

Corporate Action: Merger

Type: New

Accession Number: 000119312525042486

Filing Summary: Pioneer Asset Allocation Trust is involved in a proposed reorganization, which entails merging each Pioneer Fund into newly created funds under the Victory Funds. This proposal arises from the integration of the advisory businesses of Amundi US and Victory Capital Management. The Special Meeting of Shareholders for voting on this proposal is set for March 27, 2025. Shareholders are encouraged to vote as their input will be crucial to the decision-making process. The newly established funds will maintain similar investment objectives and strategies as their predecessor funds, and the management team is expected to remain unchanged. Importantly, the net expenses associated with the new funds will not exceed those of the current Pioneer Funds for at least three years after the reorganization. Shareholders who have not yet cast their votes are being actively contacted to ensure their views are represented.

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Form Type: DEFA14A

Filing Date: 2025-02-20

Corporate Action: Merger

Type: New

Accession Number: 000119312525029752

Filing Summary: Amundi Asset Management US, Inc., the investment adviser of the Pioneer Funds, announced on July 9, 2024, a definitive agreement to merge Amundi US with Victory Capital Holdings, Inc., whereby Amundi will become a strategic shareholder of Victory Capital. The Pioneer Funds are seeking shareholder approval for reorganizations into corresponding Victory Pioneer Funds, maintaining the same objectives and management teams. The net expenses associated with the new funds will not exceed those of the existing funds for at least three years. The Board of Trustees believes the reorganizations are in the best interests of shareholders and recommends voting in favor.

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