Pioneer Multi-Asset Ultrashort Income Fund (MYFRX)
Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate instruments of U.S. and non-U.S. issuers, including: mortgage-backed and asset-backed securities; senior secured loans and second lien or other subordinated or unsecured loans; debt issued by banks and other corporate, governmental and non-governmental entities; corporate bonds; insurance-linked securities; and preferred stock.
Fund Info
ISIN | US72388E6059 |
---|---|
CUSIP | 72388E605 |
Issuer | Amundi US |
Inception Date | Apr 29, 2011 |
Category | Ultrashort Bond |
Min. Investment | $5,000,000 |
Asset Class | Bond |
Expense Ratio
MYFRX has a high expense ratio of 0.44%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Pioneer Multi-Asset Ultrashort 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.
Returns By Period
Pioneer Multi-Asset Ultrashort Income Fund had a return of 2.59% year-to-date (YTD) and 7.66% in the last 12 months. Over the past 10 years, Pioneer Multi-Asset Ultrashort Income Fund had an annualized return of 2.16%, while the S&P 500 had an annualized return of 10.71%, indicating that Pioneer Multi-Asset Ultrashort Income Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 2.59% | 8.76% |
1 month | 0.62% | -0.32% |
6 months | 3.93% | 18.48% |
1 year | 7.66% | 25.36% |
5 years (annualized) | 2.67% | 12.60% |
10 years (annualized) | 2.16% | 10.71% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.86% | 0.55% | 0.54% | 0.52% | ||||||||
2023 | 0.43% | 0.65% | 0.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MYFRX is 100, placing it in the top 0% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
MYFRX (Pioneer Multi-Asset Ultrashort Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pioneer Multi-Asset Ultrashort Income Fund (MYFRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pioneer Multi-Asset Ultrashort Income Fund granted a 6.19% dividend yield in the last twelve months. The annual payout for that period amounted to $0.60 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.60 | $0.56 | $0.25 | $0.13 | $0.19 | $0.30 | $0.26 | $0.19 | $0.18 | $0.14 | $0.14 | $0.13 |
Dividend yield | 6.19% | 5.80% | 2.65% | 1.35% | 1.92% | 2.98% | 2.59% | 1.88% | 1.77% | 1.36% | 1.36% | 1.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Pioneer Multi-Asset Ultrashort Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.05 | $0.05 | $0.05 | $0.05 | ||||||||
2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.04 | $0.04 |
2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 |
2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 |
2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 |
2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 |
2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Pioneer Multi-Asset Ultrashort 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 Multi-Asset Ultrashort Income Fund was 10.08%, occurring on Mar 25, 2020. Recovery took 277 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-10.08% | Mar 6, 2020 | 14 | Mar 25, 2020 | 277 | Apr 30, 2021 | 291 |
-1.21% | Feb 10, 2022 | 106 | Jul 14, 2022 | 97 | Nov 30, 2022 | 203 |
-0.6% | Aug 2, 2011 | 17 | Aug 24, 2011 | 47 | Oct 31, 2011 | 64 |
-0.42% | Mar 13, 2023 | 6 | Mar 20, 2023 | 9 | Mar 31, 2023 | 15 |
-0.4% | Jun 6, 2013 | 15 | Jun 26, 2013 | 66 | Sep 30, 2013 | 81 |
Volatility
Volatility Chart
The current Pioneer Multi-Asset Ultrashort Income Fund volatility is 0.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.