GSBFX vs. PMAIX
Compare and contrast key facts about Goldman Sachs Income Builder Fund (GSBFX) and Pioneer Multi-Asset Income Fund A (PMAIX).
GSBFX is managed by Goldman Sachs. It was launched on Oct 11, 1994. PMAIX is managed by Amundi. It was launched on Dec 22, 2011.
Performance
GSBFX vs. PMAIX - Performance Comparison
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GSBFX vs. PMAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSBFX Goldman Sachs Income Builder Fund | -0.56% | 10.42% | 9.32% | 9.64% | -9.53% | 10.50% | 9.53% | 19.38% | -4.92% | 7.94% |
PMAIX Pioneer Multi-Asset Income Fund A | 0.80% | 23.03% | 6.09% | 7.32% | -0.79% | 12.00% | 5.35% | 10.88% | -6.10% | 17.97% |
Returns By Period
In the year-to-date period, GSBFX achieves a -0.56% return, which is significantly lower than PMAIX's 0.80% return. Over the past 10 years, GSBFX has underperformed PMAIX with an annualized return of 6.69%, while PMAIX has yielded a comparatively higher 8.45% annualized return.
GSBFX
- 1D
- 0.20%
- 1M
- -4.25%
- YTD
- -0.56%
- 6M
- 1.15%
- 1Y
- 9.11%
- 3Y*
- 8.84%
- 5Y*
- 5.15%
- 10Y*
- 6.69%
PMAIX
- 1D
- 0.15%
- 1M
- -3.62%
- YTD
- 0.80%
- 6M
- 4.12%
- 1Y
- 16.77%
- 3Y*
- 11.84%
- 5Y*
- 7.92%
- 10Y*
- 8.45%
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GSBFX vs. PMAIX - Expense Ratio Comparison
GSBFX has a 0.79% expense ratio, which is lower than PMAIX's 0.85% expense ratio.
Return for Risk
GSBFX vs. PMAIX — Risk / Return Rank
GSBFX
PMAIX
GSBFX vs. PMAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Income Builder Fund (GSBFX) and Pioneer Multi-Asset Income Fund A (PMAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GSBFX | PMAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 2.39 | -1.11 |
Sortino ratioReturn per unit of downside risk | 1.74 | 3.02 | -1.28 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.51 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.32 | -1.00 |
Martin ratioReturn relative to average drawdown | 6.14 | 10.88 | -4.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GSBFX | PMAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 2.39 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 1.11 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 1.12 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 1.12 | -0.43 |
Correlation
The correlation between GSBFX and PMAIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GSBFX vs. PMAIX - Dividend Comparison
GSBFX's dividend yield for the trailing twelve months is around 5.39%, less than PMAIX's 5.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSBFX Goldman Sachs Income Builder Fund | 5.39% | 4.39% | 5.12% | 3.41% | 4.10% | 6.66% | 3.05% | 3.52% | 3.98% | 3.52% | 3.78% | 3.93% |
PMAIX Pioneer Multi-Asset Income Fund A | 5.82% | 6.29% | 5.30% | 5.14% | 4.53% | 5.50% | 5.39% | 5.78% | 5.83% | 6.69% | 5.53% | 5.92% |
Drawdowns
GSBFX vs. PMAIX - Drawdown Comparison
The maximum GSBFX drawdown since its inception was -37.04%, which is greater than PMAIX's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for GSBFX and PMAIX.
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Drawdown Indicators
| GSBFX | PMAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.04% | -24.12% | -12.92% |
Max Drawdown (1Y)Largest decline over 1 year | -6.41% | -7.06% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -15.94% | -13.97% | -1.97% |
Max Drawdown (10Y)Largest decline over 10 years | -23.42% | -24.12% | +0.70% |
Current DrawdownCurrent decline from peak | -4.25% | -3.62% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -4.20% | -2.68% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 1.51% | -0.14% |
Volatility
GSBFX vs. PMAIX - Volatility Comparison
Goldman Sachs Income Builder Fund (GSBFX) has a higher volatility of 2.36% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 2.19%. This indicates that GSBFX's price experiences larger fluctuations and is considered to be riskier than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSBFX | PMAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.36% | 2.19% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 4.02% | 4.15% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.47% | 7.19% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.36% | 7.20% | +0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.96% | 7.58% | +0.38% |