Pioneer Global High Yield Fund (PGHYX)
Normally, the fund invests at least 80% of its total assets in below investment grade (high yield) debt securities and preferred stocks of U.S. and non-U.S. issuers, including governmental and corporate issuers in emerging markets. Debt securities rated below investment grade are commonly referred to as "junk bonds" and are considered speculative.
Fund Info
| ISIN | US72369G1085 |
|---|---|
| CUSIP | 72369G108 |
| Issuer | Amundi US |
| Inception Date | Aug 27, 2001 |
| Category | High Yield Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
PGHYX has a high expense ratio of 1.14%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PGHYX vs. PGHY, PGHYX vs. FLHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Pioneer Global High Yield 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 11.05% |
| 1 month | N/A | 4.86% |
| 6 months | N/A | 17.50% |
| 1 year | N/A | 27.37% |
| 5 years (annualized) | N/A | 13.14% |
| 10 years (annualized) | N/A | 10.90% |
Monthly Returns
The table below presents the monthly returns of PGHYX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 4.02% | -2.27% | 0.31% | 0.59% | -0.83% | 1.57% | 2.13% | -0.22% | -0.78% | -1.63% | 3.60% | 0.42% | 6.92% |
| 2022 | -2.34% | -2.52% | 0.00% | -3.82% | -1.39% | -6.41% | 2.02% | 0.18% | -4.98% | 1.08% | 4.32% | 0.34% | -13.17% |
| 2021 | 0.78% | 1.01% | -0.04% | 1.57% | 0.85% | 0.83% | 0.13% | 0.55% | -0.14% | -0.14% | -1.87% | 1.75% | 5.35% |
| 2020 | 0.10% | -2.76% | -19.15% | 3.79% | 7.24% | 3.20% | 3.87% | 2.24% | -1.76% | -0.04% | 6.31% | 2.48% | 2.73% |
| 2019 | 4.14% | 1.17% | 0.68% | 1.28% | -0.71% | 2.45% | 0.32% | -1.88% | 1.15% | 0.79% | 0.45% | 2.90% | 13.36% |
| 2018 | 1.08% | -1.11% | -0.14% | -0.25% | -1.38% | -0.71% | 1.47% | -0.82% | 1.14% | -1.52% | -1.54% | -1.57% | -5.29% |
| 2017 | 1.61% | 1.01% | 0.43% | 1.34% | 0.99% | 0.43% | 1.54% | 0.42% | 0.75% | 0.42% | 0.21% | 0.42% | 9.98% |
| 2016 | -1.81% | 0.04% | 4.33% | 3.08% | 0.39% | 0.39% | 2.53% | 2.13% | 0.50% | 0.25% | -1.01% | 1.89% | 13.30% |
| 2015 | -0.79% | 2.50% | -0.27% | 2.11% | 0.47% | -0.93% | -1.37% | -2.61% | -2.92% | 2.28% | -1.94% | -2.70% | -6.21% |
| 2014 | -0.15% | 1.66% | 1.06% | 0.82% | 1.33% | 0.88% | -0.98% | 0.53% | -2.01% | -0.20% | -1.63% | -3.14% | -1.92% |
| 2013 | 2.14% | 0.66% | 0.50% | 0.79% | -0.51% | -2.91% | 1.33% | -1.12% | 1.35% | 2.35% | -0.13% | 0.29% | 4.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pioneer Global High Yield Fund (PGHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pioneer Global High Yield Fund granted a 3.17% dividend yield in the last twelve months. The annual payout for that period amounted to $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.36 | $0.39 | $0.38 | $0.46 | $0.46 | $0.45 | $0.46 | $0.51 | $0.53 | $0.62 | $0.70 |
Dividend yield | 3.17% | 5.00% | 4.72% | 3.82% | 4.66% | 4.51% | 4.82% | 4.39% | 5.10% | 5.59% | 5.85% | 6.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Pioneer Global High Yield 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | |||||||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.00 | $0.36 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2015 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
| 2014 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.62 |
| 2013 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.06 | $0.08 | $0.70 |
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 Global High Yield 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 Global High Yield Fund was 40.27%, occurring on Mar 10, 2009. Recovery took 191 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.27% | Jun 4, 2007 | 444 | Mar 10, 2009 | 191 | Dec 9, 2009 | 635 |
| -26.11% | Feb 18, 2020 | 25 | Mar 23, 2020 | 178 | Dec 3, 2020 | 203 |
| -19.14% | Sep 20, 2021 | 270 | Oct 13, 2022 | — | — | — |
| -17.15% | Jul 8, 2014 | 404 | Feb 11, 2016 | 247 | Feb 3, 2017 | 651 |
| -13.8% | May 3, 2011 | 108 | Oct 4, 2011 | 225 | Aug 27, 2012 | 333 |
Volatility
Volatility Chart
The current Pioneer Global High Yield Fund volatility is 1.43%, 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.