Pioneer Short Term Income Fund (PSHYX)
Normally, at least 80% of the fund's net assets (plus the amount of borrowings, if any, for investment purposes) are invested in debt securities that are rated investment grade at the time of purchase or cash and cash equivalents. The fund may invest up to 20% of its total assets in securities of non-U.S. issuers, including up to 5% of its total assets in debt securities of emerging market issuers.
Fund Info
US72387U4022
72387U402
Jul 8, 2004
$5,000,000
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Pioneer Short Term 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 Short Term Income Fund had a return of 5.29% year-to-date (YTD) and 7.59% in the last 12 months. Over the past 10 years, Pioneer Short Term Income Fund had an annualized return of 2.38%, while the S&P 500 had an annualized return of 11.16%, indicating that Pioneer Short Term Income Fund did not perform as well as the benchmark.
PSHYX
5.29%
0.01%
3.64%
7.59%
2.62%
2.38%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of PSHYX, 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 | 0.83% | -0.19% | 0.71% | -0.10% | 0.93% | 0.58% | 1.26% | 0.45% | 1.38% | -0.43% | 5.29% | ||
| 2023 | 1.67% | -0.40% | 0.64% | 0.65% | 0.08% | -0.01% | 0.82% | 0.52% | 0.06% | 0.29% | 1.44% | 1.31% | 7.29% |
| 2022 | -0.45% | -0.67% | -1.22% | -0.47% | -0.13% | -0.77% | 0.72% | -0.04% | -1.59% | -0.34% | 1.10% | 0.41% | -3.42% |
| 2021 | 0.63% | 0.41% | -0.02% | 0.41% | 0.32% | 0.01% | 0.22% | 0.13% | 0.10% | -0.22% | -0.12% | -0.02% | 1.86% |
| 2020 | 0.70% | 0.59% | -8.75% | 0.14% | 2.10% | 2.71% | 1.40% | 0.95% | 0.51% | 0.40% | 0.95% | 0.59% | 1.81% |
| 2019 | 0.45% | 0.36% | 0.69% | 0.39% | 0.72% | 0.51% | 0.08% | 0.72% | 0.08% | 0.30% | 0.06% | 0.28% | 4.75% |
| 2018 | -0.02% | -0.02% | 0.09% | 0.10% | 0.31% | 0.10% | 0.10% | 0.32% | 0.00% | 0.11% | 0.22% | 0.47% | 1.78% |
| 2017 | 0.27% | 0.27% | 0.16% | 0.17% | 0.27% | 0.07% | 0.27% | 0.17% | -0.15% | 0.07% | -0.03% | 0.17% | 1.74% |
| 2016 | 0.03% | -0.17% | 0.47% | 0.35% | 0.14% | 0.36% | 0.25% | 0.16% | 0.26% | 0.16% | -0.16% | 0.14% | 2.00% |
| 2015 | 0.26% | 0.04% | 0.15% | 0.16% | 0.05% | -0.06% | 0.14% | 0.03% | 0.14% | 0.04% | 0.03% | -0.05% | 0.93% |
| 2014 | 0.36% | 0.05% | 0.06% | 0.16% | 0.26% | 0.02% | 0.02% | 0.13% | 0.02% | 0.13% | 0.15% | -0.08% | 1.30% |
| 2013 | 0.31% | 0.10% | 0.21% | 0.29% | 0.21% | -0.41% | 0.07% | 0.09% | 0.37% | 0.27% | 0.18% | -0.05% | 1.65% |
Expense Ratio
PSHYX features an expense ratio of 0.46%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PSHYX is 94, placing it in the top 6% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pioneer Short Term Income Fund (PSHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pioneer Short Term Income Fund provided a 5.69% dividend yield over the last twelve months, with an annual payout of $0.50 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.48 | $0.30 | $0.23 | $0.26 | $0.32 | $0.26 | $0.21 | $0.20 | $0.18 | $0.18 | $0.22 |
Dividend yield | 5.69% | 5.49% | 3.46% | 2.50% | 2.79% | 3.36% | 2.73% | 2.27% | 2.09% | 1.87% | 1.92% | 2.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Pioneer Short Term 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.42 | |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.48 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.30 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.26 |
| 2019 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.21 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.20 |
| 2015 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.18 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.18 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
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 Short Term 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 Short Term Income Fund was 12.99%, occurring on Mar 25, 2020. Recovery took 184 trading sessions.
The current Pioneer Short Term Income Fund drawdown is 0.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.99% | Mar 9, 2020 | 13 | Mar 25, 2020 | 184 | Dec 15, 2020 | 197 |
| -6.36% | Mar 3, 2008 | 186 | Nov 24, 2008 | 149 | Jun 30, 2009 | 335 |
| -5.86% | Oct 4, 2021 | 265 | Oct 20, 2022 | 216 | Aug 31, 2023 | 481 |
| -0.89% | Oct 1, 2024 | 20 | Oct 28, 2024 | — | — | — |
| -0.81% | Sep 2, 2005 | 38 | Oct 26, 2005 | 45 | Dec 30, 2005 | 83 |
Volatility
Volatility Chart
The current Pioneer Short Term Income Fund volatility is 0.63%, 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.