Pioneer Emerging Markets Equity Fund
PEMEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 60 State St Boston MA United States of America 02109
- IPO Date
- Oct 1, 2019
- CIK
- 0001077452
- Similar Companies
- Business
- Pioneer Emerging Markets Equity Fund (PEMEX) is a mutual fund that seeks long-term capital growth by investing at least 80% of its net assets in equity securities of issuers located in emerging markets. The fund offers Class A shares under ticker PEMEX, with additional share classes including PEMSX (Class Y) and PEMNX, focusing on a diversified portfolio across sectors in developing countries such as those in Asia, Latin America, Eastern Europe, and Africa; it targets companies with strong growth potential while managing risks associated with political instability, currency fluctuations, and market volatility. Net assets stand at approximately $6.79 million, with a yield of 4.20% and recent year-to-date returns around 2.59% as of late 2025. The fund operates within the diversified emerging markets category, benchmarked against indices like the MSCI Emerging Markets Index, and is available to retail and institutional investors seeking exposure to high-growth equities outside developed markets. It forms part of Pioneer Series Trust XIV, managed historically by Pioneer Investments with a legacy tracing back to 1928 when the Pioneer Fund was established as one of the first U.S. mutual funds. Headquartered at 60 State Street, Boston, Massachusetts, the fund benefits from geographic operations aligned with global emerging markets, with no direct subsidiaries but integrated into broader Pioneer/Amundi U.S. strategies. In a major strategic shift completed in April 2025, Victory Capital acquired the Amundi U.S. business—formerly Pioneer Investments—forming a strategic partnership that reintroduced the Pioneer Investments brand and expanded global distribution through 15-year reciprocal agreements with Amundi. This transaction, initially announced in 2024, boosted Victory Capital's assets under management to over $300 billion by mid-2025, achieved approximately $70-110 million in net expense synergies, and enhanced the fund's operational scale without altering its investment teams or processes. The fund, which launched on October 1, 2019, continues under this restructured framework, positioning it for improved access to international investors and sustained focus on emerging markets equities.