M&A - PIONEER MONEY MARKET TRUST

Form Type: N-CSR

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000119312525040545

Filing Summary: Pioneer Money Market Trust issued its annual shareholder report for the period ending December 31, 2024. The report highlights the Fund's performance, showing that the Class A shares returned 4.75% for the year, with a focus on maintaining liquidity and protecting shareholder capital. The investment strategy included significant exposure to fully collateralized tri-party overnight repurchase agreements, with the Fund's weekly liquid assets at around 95%. A material change discussed involves a proposed merger with Victory Capital Holdings, Inc., where Amundi Asset Management is set to combine with Victory Capital and become a strategic shareholder. This merger, requiring shareholder approval, would reorganize the Fund into a new Victory Fund. The report emphasizes the necessity for regulatory approvals and the uncertain outcome of the merger closing. Additional financial details include total net assets of $308,398,629, total advisory fees paid of $1,086,965, and portfolio diversification statistics as of December 31, 2024.

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