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
US72388E6059
72388E605
Apr 29, 2011
$5,000,000
Expense Ratio
MYFRX features an expense ratio of 0.44%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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 0.45% year-to-date (YTD) and 6.46% in the last 12 months. Over the past 10 years, Pioneer Multi-Asset Ultrashort Income Fund had an annualized return of 2.57%, while the S&P 500 had an annualized return of 11.29%, indicating that Pioneer Multi-Asset Ultrashort Income Fund did not perform as well as the benchmark.
MYFRX
0.45%
0.45%
2.85%
6.46%
3.14%
2.57%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MYFRX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.45% | 0.45% | |||||||||||
| 2024 | 0.82% | 0.55% | 0.54% | 0.51% | 0.62% | 0.42% | 0.72% | 0.10% | 1.01% | 0.30% | 0.00% | 0.95% | 6.75% |
| 2023 | 1.14% | 0.52% | 0.03% | 0.66% | 0.56% | 0.67% | 0.71% | 0.62% | 0.53% | 0.44% | 0.66% | 0.66% | 7.45% |
| 2022 | 0.00% | -0.21% | -0.20% | 0.02% | -0.38% | -0.35% | 0.31% | 0.65% | -0.43% | 0.13% | 0.50% | 0.51% | 0.54% |
| 2021 | 0.53% | 0.22% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.01% | 0.22% | 0.01% | -0.09% | 0.10% | 1.57% |
| 2020 | 0.32% | 0.12% | -6.25% | 0.95% | 1.36% | 1.11% | 0.45% | 0.45% | 0.33% | 0.11% | 0.43% | 0.32% | -0.52% |
| 2019 | 0.44% | 0.34% | 0.34% | 0.35% | 0.15% | 0.35% | 0.25% | 0.25% | 0.25% | 0.15% | 0.13% | 0.26% | 3.33% |
| 2018 | 0.18% | 0.08% | 0.18% | 0.19% | 0.20% | 0.20% | 0.20% | 0.20% | 0.20% | 0.21% | 0.02% | -0.09% | 1.80% |
| 2017 | 0.13% | 0.13% | 0.23% | 0.14% | 0.15% | 0.25% | 0.16% | 0.16% | -0.02% | 0.18% | 0.08% | 0.18% | 1.79% |
| 2016 | -0.10% | 0.01% | 0.32% | 0.32% | 0.22% | 0.12% | 0.33% | 0.23% | 0.23% | 0.12% | 0.12% | 0.25% | 2.20% |
| 2015 | 0.11% | 0.11% | 0.11% | 0.11% | 0.02% | 0.01% | 0.11% | 0.01% | 0.01% | 0.00% | 0.10% | -0.05% | 0.65% |
| 2014 | 0.19% | 0.10% | -0.00% | 0.10% | 0.10% | 0.10% | 0.10% | 0.01% | 0.10% | -0.00% | -0.00% | -0.04% | 0.76% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, MYFRX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 6.04% dividend yield over the last twelve months, with an annual payout of $0.58 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.58 | $0.59 | $0.56 | $0.25 | $0.13 | $0.19 | $0.30 | $0.26 | $0.19 | $0.18 | $0.14 | $0.14 |
Dividend yield | 6.04% | 6.10% | 5.79% | 2.63% | 1.35% | 1.91% | 2.97% | 2.60% | 1.88% | 1.77% | 1.36% | 1.36% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.59 |
| 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 | $0.56 |
| 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 | $0.25 |
| 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 | $0.13 |
| 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 | $0.19 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.30 |
| 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 | $0.26 |
| 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 | $0.19 |
| 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 | $0.18 |
| 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 | $0.14 |
| 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 | $0.14 |
Drawdowns
Drawdowns Chart
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.
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 |
| -1.22% | Feb 10, 2022 | 106 | Jul 14, 2022 | 97 | Nov 30, 2022 | 203 |
| -0.6% | Aug 8, 2011 | 13 | Aug 24, 2011 | 47 | Oct 31, 2011 | 60 |
| -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 0.45%, 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.