M&A: PIONEER MID CAP VALUE FUND

Form Type: N-CSR

Filing Date: 2025-01-06

Corporate Action: Merger

Type: Update

Accession Number: 000119312525002061

Comments: Pioneer Mid Cap Value Fund is undergoing a potential merger as part of a definitive agreement with Victory Capital Holdings, Inc. announced on July 9, 2024. This agreement is set to combine the fund's adviser, Amundi Asset Management US, Inc., with Victory Capital, making Amundi a strategic shareholder of Victory Capital. The closing of this transaction is contingent upon regulatory approvals and other conditions, with no guarantee it will finalize. Should the transaction close, it would terminate the current investment advisory agreement of the Fund with Amundi. Subsequently, the Fund's Board of Trustees will seek to approve a reorganization into a new Victory Fund advised by Victory Capital Management Inc. The proposal, if supported by the Board, will be put forward to shareholders for their approval. There is uncertainty regarding both the Board's and shareholders' acceptance of this proposed reorganization.

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