Pioneer Equity Income Fund (PEQIX)

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The chart shows the growth of an initial investment of $10,000 in Pioneer Equity Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Pioneer Equity Income Fund (PEQIX) has returned 2.24% so far this year and 11.30% over the past 12 months. Over the last ten years, PEQIX has returned 8.79% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 25, 1990, PEQIX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, your investment would double in approximately 7.2 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +11.4%, while the worst month was Oct 2008 at -16.7%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PEQIX closed higher 52% of trading days. The best single day was Oct 28, 2008 with a return of +10.2%, while the worst single day was Mar 16, 2020 at -11.6%.

Pioneer Equity Income Fund has an annualized alpha of 2.04%, beta of 0.83, and R² of 0.85 versus S&P 500 Index. Calculated based on daily prices since July 26, 1990.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (84.23%) than losses (79.62%) — typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.04% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

PEQIX has a high expense ratio of 1.02%, indicating above-average management fees.

PEQIX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Pioneer Equity Income Fund (PEQIX) and compare them to a chosen benchmark (S&P 500 Index).

Pioneer Equity Income Fund provided a 8.80% dividend yield over the last twelve months, with an annual payout of $2.20 per share.

The table displays the monthly dividend distributions for Pioneer Equity Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Pioneer Equity Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Pioneer Equity Income Fund was 54.08%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.

The current Pioneer Equity Income Fund drawdown is 6.59%.

The chart below shows the rolling one-month volatility.