M&A - PIONEER SERIES TRUST XIV

Form Type: 497K

Filing Date: 2025-01-31

Corporate Action: Merger

Type: Update

Accession Number: 000027677625000009

Filing Summary: Pioneer Global Sustainable Growth Fund is undergoing a merger involving Amundi Asset Management US, Inc., which is currently an indirect, wholly-owned subsidiary of Amundi. On July 9, 2024, Amundi entered into a definitive agreement to combine the Adviser with Victory Capital Holdings, Inc. following which Amundi will become a strategic shareholder in Victory Capital. This merger is subject to regulatory approvals and other conditions. If the transaction is approved, the fund's current advisory agreement will terminate, and a proposed reorganization will be sought to transition the fund into a newly established Victory Fund advised by Victory Capital Management Inc. The approval from the Board of Trustees and shareholders is required for this reorganization to take effect. The merger reflects a strategic effort to align the funds with sustainable and responsible investment practices, given the emphasis on ESG criteria in investment decisions. The document also details the fund's investment strategies, risks, fees, and operational aspects that potential investors may consider before investing.

Form Type: 497K

Filing Date: 2025-01-31

Corporate Action: Merger

Type: Update

Accession Number: 000027677625000010

Filing Summary: Pioneer Global Sustainable Value Fund is undergoing a potential reorganization as part of a merger agreement between Amundi Asset Management US, Inc., the fund's current investment adviser, and Victory Capital Holdings, Inc. This Transaction will reposition the fund under a newly established Victory Fund. The proposal for reorganization will be presented to the fund’s Board of Trustees and, if approved, will further require shareholder approval. The closing of the Transaction is contingent upon regulatory approvals and other conditions, and there is no certainty that it will close. Importantly, if successful, this merger will terminate the investment advisory agreement between the fund and Amundi, signifying a strategic shift in management.

Form Type: 497K

Filing Date: 2025-01-31

Corporate Action: Merger

Type: Update

Accession Number: 000107745225000003

Filing Summary: Pioneer Strategic Income Fund (the Fund) is undergoing a significant reorganization due to a definitive agreement between Amundi Asset Management US, Inc., (the Fund's adviser) and Victory Capital Holdings, Inc. This merger will involve combining the adviser with Victory Capital, making Amundi a strategic shareholder of Victory Capital. If the transaction closes, the current investment advisory agreement will terminate, and the Fund will be reorganized into a newly established Victory Fund, advised by Victory Capital Management Inc. The reorganization requires Board approval and subsequently shareholder approval, with no assurance of approval. This document outlines the Fund's fees, expenses, investment strategies, risks associated with high-yield securities, and these changes along with existing operating conditions.

Form Type: 497K

Filing Date: 2025-01-31

Corporate Action: Merger

Type: Update

Accession Number: 000107745225000004

Filing Summary: On January 31, 2025, Pioneer Series Trust XIV filed a summary prospectus for the Pioneer Intrinsic Value Fund, announcing a significant change involving a merger with Victory Capital Holdings, Inc. The filing details that on July 9, 2024, Amundi Asset Management US, Inc., the fund's adviser, entered into a definitive agreement to combine with Victory Capital. This merger will make Amundi a strategic shareholder of Victory Capital and will result in the fund's current investment advisory agreement with Amundi being terminated. It is proposed that the fund will reorganize into a newly established Victory Fund, managed by Victory Capital Management Inc., pending approval from the fund's Board of Trustees and shareholders. Approval from these parties is not guaranteed, and the closing of the merger is subject to regulatory approvals and other conditions. Investors are urged to consult detailed prospectus documents for further insights on the merger and its implications.