M&A - Pioneer Series Trust VI

Form Type: 497K

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000027677625000025

Filing Summary: Pioneer Series Trust VI is undergoing a proposed reorganization, merging its assets into a newly established Victory Fund, as part of a strategic transaction between its advisor, Amundi Asset Management US, Inc., and Victory Capital Holdings, Inc. The Board of Trustees has approved the reorganization, which is contingent on shareholder approval. The merger aims to position the fund effectively under new management, and while the transaction is subject to regulatory approvals, no assurance can be given regarding its closure.

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Form Type: 497K

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000027677625000026

Filing Summary: Pioneer Series Trust VI is updating its summary prospectus for the Pioneer Equity Premium Income Fund. This update includes information regarding the fund's investment objective, fees, investment strategies, and principal risks of investment. This fund aims for total return, including high current income. The major elements include the management fees, distribution and service fees, and other expenses related to different classes of shares in the fund. The Document also discusses a pending merger with Victory Capital Holdings, Inc., resulting in the fund's expected reorganization into a newly established Victory Fund, pending regulatory approvals and shareholder consent. The board has approved this reorganization but indicates the outcome is uncertain. The prospectus highlights various risks, including market risk, credit risk, and risks associated with non-U.S. investments and investment in derivatives. It emphasizes the influence of broader economic and geopolitical factors on fund performance, alongside specific risks inherent in equity-linked notes and real estate-related investments.

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Form Type: N-CSR

Filing Date: 2025-01-06

Corporate Action: Merger

Type: Update

Accession Number: 000119312525002060

Filing Summary: Pioneer Series Trust VI has initiated steps towards a merger with Victory Capital Holdings, Inc. Amundi Asset Management announced its intent to combine its operations with Victory Capital, making Amundi a strategic shareholder. This transaction, announced on July 9, 2024, is under regulatory review and must be approved by both the Board of Trustees and the shareholders of Pioneer Series Trust VI. The merger's completion could lead to the reorganization of the Fund into a newly established Victory Fund, which would be managed by Victory Capital Management Inc. This process is contingent upon approvals from regulatory bodies and stakeholders.

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