Pioneer Solutions - Balanced Fund (PIALX)
The fund is a "fund of funds." It seeks to achieve its investment objectives by investing in other funds and using asset allocation strategies to allocate its assets among the underlying funds. It invests primarily in underlying funds managed by Amundi Asset Management US, Inc.(“Amundi US”) or one of its affiliates. The fund may also invest in securities of unaffiliated mutual funds or exchange-traded funds (ETFs) when the desired economic exposure to a particular asset category or investment strategy is not available through a Pioneer fund. The fund may also invest directly in securities.
Fund Info
| ISIN | US7235561062 |
|---|---|
| CUSIP | 723556106 |
| Issuer | Amundi US |
| Inception Date | Aug 8, 2004 |
| Category | Global Allocation |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
PIALX 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 Solutions - Balanced 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 Solutions - Balanced Fund had a return of 6.95% year-to-date (YTD) and 14.98% in the last 12 months. Over the past 10 years, Pioneer Solutions - Balanced Fund had an annualized return of 4.92%, while the S&P 500 had an annualized return of 10.99%, indicating that Pioneer Solutions - Balanced Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.95% | 11.18% |
| 1 month | 4.10% | 5.60% |
| 6 months | 10.99% | 17.48% |
| 1 year | 14.98% | 26.33% |
| 5 years (annualized) | 7.83% | 13.16% |
| 10 years (annualized) | 4.92% | 10.99% |
Monthly Returns
The table below presents the monthly returns of PIALX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.64% | 1.91% | 3.03% | -1.90% | 6.95% | ||||||||
| 2023 | 5.51% | -1.96% | -0.19% | 0.76% | -1.32% | 2.97% | 2.61% | -1.27% | -1.38% | -1.86% | 4.46% | 3.21% | 11.73% |
| 2022 | -0.23% | -3.23% | 0.33% | -4.70% | 1.70% | -6.94% | 3.77% | -1.13% | -6.57% | 5.15% | 5.35% | -1.79% | -8.89% |
| 2021 | -0.08% | 2.91% | 3.32% | 2.51% | 1.83% | -0.23% | -0.75% | 1.21% | -0.52% | 1.20% | -2.68% | 3.45% | 12.66% |
| 2020 | -0.89% | -5.11% | -12.28% | 6.14% | 3.65% | 2.35% | 4.49% | 3.11% | -2.13% | -1.27% | 9.83% | 3.32% | 9.75% |
| 2019 | 5.11% | 1.65% | 0.18% | 2.16% | -4.05% | 3.86% | -0.18% | -1.60% | 1.71% | 2.04% | 1.65% | 2.25% | 15.45% |
| 2018 | 0.08% | -2.48% | -1.15% | 0.58% | -0.58% | -1.16% | 1.93% | 0.00% | 0.49% | -5.34% | 0.26% | -4.87% | -11.81% |
| 2017 | -0.53% | 1.52% | 0.70% | 1.13% | 1.21% | 0.26% | 1.02% | 0.34% | 1.76% | 0.91% | 0.65% | 2.96% | 12.54% |
| 2016 | -3.52% | -1.12% | 4.07% | 0.36% | 0.91% | -0.81% | 2.36% | 0.53% | 0.00% | -1.50% | -0.36% | 3.37% | 4.11% |
| 2015 | -0.56% | 3.24% | -0.47% | 0.87% | 1.02% | -1.63% | 0.63% | -3.83% | -2.36% | 3.50% | -0.24% | -1.56% | -1.64% |
| 2014 | -1.87% | 3.32% | 0.08% | 0.16% | 1.68% | 1.73% | -1.47% | 2.04% | -2.31% | 1.18% | 0.55% | -1.15% | 3.84% |
| 2013 | 3.25% | 0.27% | 1.97% | 1.50% | 0.35% | -2.07% | 3.35% | -1.79% | 3.39% | 2.35% | 1.23% | 1.39% | 16.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PIALX is 86, placing it in the top 14% 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.
PIALX (Pioneer Solutions - Balanced Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pioneer Solutions - Balanced Fund (PIALX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pioneer Solutions - Balanced Fund granted a 3.71% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.43 | $1.44 | $0.80 | $0.34 | $0.73 | $0.61 | $0.22 | $0.24 | $1.14 | $0.36 | $0.21 |
Dividend yield | 3.71% | 3.97% | 14.16% | 6.30% | 2.79% | 6.44% | 5.91% | 1.77% | 2.13% | 10.28% | 2.94% | 1.72% |
Monthly Dividends
The table displays the monthly dividend distributions for Pioneer Solutions - Balanced 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 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.44 | $1.44 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.80 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $1.14 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2013 | $0.21 | $0.21 |
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 Solutions - Balanced 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 Solutions - Balanced Fund was 43.04%, occurring on Mar 9, 2009. Recovery took 491 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.04% | Oct 11, 2007 | 353 | Mar 9, 2009 | 491 | Feb 16, 2011 | 844 |
| -26.28% | Feb 13, 2020 | 27 | Mar 23, 2020 | 161 | Nov 9, 2020 | 188 |
| -18.19% | Jan 13, 2022 | 177 | Sep 27, 2022 | 333 | Jan 25, 2024 | 510 |
| -15.06% | May 2, 2011 | 108 | Oct 3, 2011 | 237 | Sep 12, 2012 | 345 |
| -14.87% | Jan 29, 2018 | 229 | Dec 24, 2018 | 250 | Dec 20, 2019 | 479 |
Volatility
Volatility Chart
The current Pioneer Solutions - Balanced Fund volatility is 1.47%, 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.