Pioneer Strategic Income Fund (PSRAX)
The fund normally invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities. It invests primarily in debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities or non-U.S. governmental entities; debt securities of U.S. and non-U.S. corporate issuers; and mortgage-related securities, and asset-backed securities. The fund invests in securities of any maturity and maintains an average portfolio maturity which varies based upon the judgment of the fund's investment adviser.
Fund Info
| ISIN | US7238841024 |
|---|---|
| CUSIP | 723884102 |
| Issuer | Amundi US |
| Inception Date | Apr 14, 1999 |
| Category | Multisector Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
PSRAX has a high expense ratio of 1.01%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PSRAX vs. MUNI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Pioneer Strategic 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 Strategic Income Fund had a return of 7.40% year-to-date (YTD) and 14.10% in the last 12 months. Over the past 10 years, Pioneer Strategic Income Fund had an annualized return of 2.91%, while the S&P 500 had an annualized return of 10.85%, indicating that Pioneer Strategic Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.40% | 17.79% |
| 1 month | 2.01% | 0.18% |
| 6 months | 7.85% | 7.53% |
| 1 year | 14.10% | 26.42% |
| 5 years (annualized) | 2.47% | 13.48% |
| 10 years (annualized) | 2.91% | 10.85% |
Monthly Returns
The table below presents the monthly returns of PSRAX, 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 | 0.21% | -0.84% | 0.98% | -2.41% | 2.01% | 1.23% | 2.51% | 1.57% | 7.40% | ||||
| 2023 | 4.14% | -1.84% | 1.15% | 0.71% | -0.90% | 0.08% | 0.52% | -0.67% | -2.30% | -2.03% | 4.70% | 4.63% | 8.12% |
| 2022 | -1.52% | -1.76% | -1.80% | -2.44% | -0.70% | -2.54% | 1.60% | -0.90% | -4.89% | -2.61% | 4.04% | -0.16% | -13.11% |
| 2021 | -0.16% | -0.42% | -0.60% | 1.54% | 0.72% | 0.72% | 0.36% | 0.26% | -0.26% | 0.35% | 0.52% | -0.86% | 2.17% |
| 2020 | 1.16% | -0.11% | -13.30% | 4.26% | 4.21% | 2.60% | 3.30% | 1.10% | -0.53% | 0.46% | 3.77% | 1.53% | 7.40% |
| 2019 | 1.91% | 0.25% | 1.40% | 0.53% | 0.91% | 1.56% | 0.33% | 0.98% | 0.05% | 0.62% | 0.34% | 0.90% | 10.19% |
| 2018 | -0.20% | -0.95% | 0.07% | -0.50% | -0.22% | -0.22% | 0.55% | 0.07% | -0.03% | -1.08% | -0.04% | 0.65% | -1.90% |
| 2017 | 0.75% | 0.85% | 0.08% | 0.74% | 0.64% | 0.18% | 0.64% | 0.55% | -0.11% | 0.26% | 0.07% | 0.45% | 5.21% |
| 2016 | -0.59% | 0.20% | 2.47% | 1.84% | 0.19% | 0.96% | 1.61% | 1.03% | 0.19% | 0.19% | -1.40% | 0.76% | 7.65% |
| 2015 | 0.67% | 0.67% | -0.07% | 0.38% | 0.01% | -0.92% | 0.01% | -0.85% | -0.76% | 0.97% | -0.38% | -1.16% | -1.45% |
| 2014 | 0.89% | 1.25% | 0.62% | 0.69% | 1.06% | 0.41% | -0.13% | 0.70% | -0.61% | 0.31% | 0.02% | -0.65% | 4.64% |
| 2013 | 0.99% | 0.36% | 0.49% | 1.20% | -0.96% | -2.54% | 0.62% | -0.99% | 0.89% | 1.71% | -0.39% | 0.21% | 1.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PSRAX is 63, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pioneer Strategic Income Fund (PSRAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pioneer Strategic Income Fund granted a 3.84% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.33 | $0.28 | $0.90 | $0.38 | $0.32 | $0.32 | $0.35 | $0.36 | $0.37 | $0.58 | $0.64 |
Dividend yield | 3.84% | 3.48% | 3.08% | 8.36% | 3.28% | 2.87% | 3.15% | 3.20% | 3.39% | 3.62% | 5.40% | 5.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Pioneer Strategic 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.00 | $0.26 | |||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2022 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.28 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.56 | $0.03 | $0.90 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.38 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.18 | $0.04 | $0.58 |
| 2013 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.20 | $0.04 | $0.64 |
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 Strategic 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 Strategic Income Fund was 18.33%, occurring on Oct 24, 2022. Recovery took 472 trading sessions.
The current Pioneer Strategic Income Fund drawdown is 0.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.33% | Dec 1, 2021 | 226 | Oct 24, 2022 | 472 | Sep 10, 2024 | 698 |
| -17.23% | Feb 24, 2020 | 23 | Mar 25, 2020 | 110 | Aug 31, 2020 | 133 |
| -16.54% | May 21, 2008 | 130 | Nov 24, 2008 | 154 | Jul 8, 2009 | 284 |
| -5.04% | Apr 20, 2015 | 208 | Feb 12, 2016 | 51 | Apr 27, 2016 | 259 |
| -5% | Mar 10, 2004 | 46 | May 13, 2004 | 65 | Aug 17, 2004 | 111 |
Volatility
Volatility Chart
The current Pioneer Strategic Income Fund volatility is 1.29%, 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.