Pioneer Multi-Asset Income Fund A (PMAIX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PMAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMAIX
PMAIX charges 0.85% annually. There are 359 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | PMAIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | PMAIX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | PMAIX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | PMAIX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | PMAIX vs BWBIX |
Best Risk-Adjusted Alternatives to PMAIX
PMAIX has a PortfoliosLab risk / return rank of 94. There are 13 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | PMAIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | PMAIX vs TIBIX | |
| Davis Appreciation & Income Fund | 97 | — | Apr 1992 | PMAIX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | PMAIX vs NWQIX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | PMAIX vs AYBLX |
Top Performing PMAIX Alternatives (YTD)
PMAIX is at 7.98% YTD. There are 231 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.44% | — | Jan 1998 | PMAIX vs EKBAX | |
| ICON Equity Income Fund | 20.32% | — | May 2004 | PMAIX vs IOEZX | |
| Greenspring Fund | 18.97% | — | Jun 1983 | PMAIX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 18.62% | — | Dec 2002 | PMAIX vs TIBIX | |
| Disciplined Growth Investors Fund | 17.68% | — | Aug 2011 | PMAIX vs DGIFX |
Lowest Volatility Alternatives to PMAIX
PMAIX has 5.96% 1-year volatility. There are 85 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | PMAIX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | PMAIX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.92% | — | Apr 2012 | PMAIX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | PMAIX vs AVEFX | |
| American Funds College 2027 Fund | 3.08% | — | Sep 2012 | PMAIX vs CSTAX |
Lowest Drawdown Alternatives to PMAIX
PMAIX has a 1-year max drawdown of -4.07%. There are 58 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | PMAIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | PMAIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | PMAIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | PMAIX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | PMAIX vs CSTAX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PMFYX, PIODX, XILSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund | Global Allocation | 94 | 8.10% | — | Dec 2011 | PMAIX vs PMFYX | |
| Pioneer Fund | Large Cap Blend Equities | 43 | 10.24% | — | Feb 1928 | PMAIX vs PIODX | |
| Pioneer ILS Interval Fund | High Yield Bonds | 100 | 10.56% | — | Dec 2014 | PMAIX vs XILSX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 80 | 14.16% | — | Nov 1999 | PMAIX vs PIOTX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 30 | 11.07% | — | Dec 2005 | PMAIX vs PINDX | |
| Pioneer Securitized Income Fund | Nontraditional Bonds | 61 | 2.11% | — | Dec 2019 | PMAIX vs SYFFX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 19 | 6.47% | — | Aug 2002 | PMAIX vs PIGFX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.87% | — | Apr 2011 | PMAIX vs MYFRX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 90 | 15.87% | — | Dec 2005 | PMAIX vs GLOSX | |
| Pioneer Mid Cap Value Fund | Mid Cap Value Equities | 88 | 19.59% | — | Jul 1990 | PMAIX vs PCGRX |
Often Compared With PMAIX
Investors most often compare PMAIX with TIBAX, JANBX, JEPAX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PMAIX with Any Fund or Stock
Compare PMAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMAIX with funds that move differently
Pioneer Multi-Asset Income Fund A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMAIX.
Explore PMAIX Diversifiers