Pioneer Investments Adds New U.S. Equity Portfolio Manager

BOSTON--(BUSINESS WIRE)-- Pioneer Investments announced that Jeff Kripke is joining the firm today as a Senior Vice President and Portfolio Manager in our U.S. equity department, based in Boston. He will be added as a Portfolio Manager of the Pioneer Fund, effective July 1, 2015, joining John Carey and Walter Hunnewell Jr., on the Fund’s portfolio management team.

Jeff has extensive experience managing large-cap equity portfolios in a manner consistent with the value-oriented investment approach that has been a tradition at Pioneer since the inception of Pioneer Fund in 1928. Jeff joins Pioneer from Allianz Global Investors where he was Co-CIO of the Disciplined Equity Group, and Portfolio Manager of a core equity strategy. Before that, he was an Associate Partner and Portfolio Manager for 13 years at Wellington Management Co., where worked on a core equity high-quality capital appreciation strategy. Before joining Wellington, Jeff held portfolio management roles at Merrill Lynch Asset Management and Morgan Stanley Asset Management. Prior to becoming a portfolio manager, Jeff was a utilities analyst at the former Prudential Securities Inc. Jeff has a B.A. in Economics from Tufts University and an M.B.A. in Finance from Columbia Business School.

Ken Taubes, Executive Vice President and Chief Investment Officer, U.S., of Pioneer Investments, said, “Jeff has been a successful investor using a similar style to that deployed within the Pioneer Fund for many years. The Pioneer Fund was the first fund offered by our firm and an important and valued part of our tradition. We are committed to its long-term success.”

John Carey, who has been Portfolio Manager of the Pioneer Fund since 1986, said, “I look forward to working with a capable manager who has a strong background in long-term, value-oriented investing. He is a welcome addition to the Fund and to Pioneer.”

The opportunity to expand our resources by adding an investor with Jeff’s strong background in value investing reflects a continued commitment to the success of Pioneer Fund, to our equity franchise, and to our advisors and their clients who entrust us to manage their money.

For more complete information on the U.S. mutual funds, including investment objectives, risks, charges and expenses, investors should contact their investment advisor or visit us.pioneerinvestments.com for a copy of the prospectus or summary prospectus. Read it carefully before investing.

About Pioneer InvestmentsPioneer Investments is a trading name for Pioneer Global Asset Management S.p.A. (PGAM) and its subsidiaries, a global investment firm with offices in 28 countries and approximately $254.8 billion in assets under management as of May 31, 2015, of which approximately $41.9 billion was managed in the U.S. Pioneer Investment Management, Inc. is the investment advisory subsidiary of Pioneer Investment Management USA Inc. Pioneer Investment Management USA Inc. is the North American operating subsidiary of Pioneer Global Asset Management S.p.A., a wholly-owned subsidiary of UniCredit S.p.A.

Securities offered through Pioneer Funds Distributor, Inc., 60 State Street, Boston, MA, 02109. Underwriter of Pioneer mutual funds, Member SIPC

A Word About RiskAt times the Fund’s investments may represent industries or sectors that are interrelated or have common risks, making them more susceptible to any economic, political, or regulatory development or other risks affecting those industries and sectors.

© 2015 Pioneer Investment Management, Inc.Member of the UniCredit Group, Register of Banking Groups

Not FDIC InsuredMay lose valueNo bank guarantee

View source version on businesswire.com: http://www.businesswire.com/news/home/20150622006282/en/

Pioneer Investments
Geoff Smith, 617-422-4758
[email protected]

Source: Pioneer Investments

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