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PIGFX vs. HIMYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PIGFX vs. HIMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Fundamental Growth Fund (PIGFX) and Pioneer High Income Municipal Fund (HIMYX). The values are adjusted to include any dividend payments, if applicable.

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PIGFX vs. HIMYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PIGFX
Pioneer Fundamental Growth Fund
-8.56%14.20%17.46%32.80%-20.79%23.80%27.20%33.88%-0.64%22.58%
HIMYX
Pioneer High Income Municipal Fund
-0.54%-1.50%6.07%3.64%-13.08%6.69%1.85%9.56%4.15%8.33%

Returns By Period

In the year-to-date period, PIGFX achieves a -8.56% return, which is significantly lower than HIMYX's -0.54% return. Over the past 10 years, PIGFX has outperformed HIMYX with an annualized return of 13.01%, while HIMYX has yielded a comparatively lower 2.23% annualized return.


PIGFX

1D
0.74%
1M
-3.37%
YTD
-8.56%
6M
-7.58%
1Y
5.98%
3Y*
14.51%
5Y*
8.96%
10Y*
13.01%

HIMYX

1D
0.36%
1M
-1.61%
YTD
-0.54%
6M
-1.82%
1Y
-2.36%
3Y*
1.82%
5Y*
-0.35%
10Y*
2.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PIGFX vs. HIMYX - Expense Ratio Comparison

PIGFX has a 1.00% expense ratio, which is higher than HIMYX's 0.55% expense ratio.


Return for Risk

PIGFX vs. HIMYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PIGFX
PIGFX Risk / Return Rank: 1414
Overall Rank
PIGFX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
PIGFX Sortino Ratio Rank: 1313
Sortino Ratio Rank
PIGFX Omega Ratio Rank: 1414
Omega Ratio Rank
PIGFX Calmar Ratio Rank: 1515
Calmar Ratio Rank
PIGFX Martin Ratio Rank: 1414
Martin Ratio Rank

HIMYX
HIMYX Risk / Return Rank: 22
Overall Rank
HIMYX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
HIMYX Sortino Ratio Rank: 22
Sortino Ratio Rank
HIMYX Omega Ratio Rank: 11
Omega Ratio Rank
HIMYX Calmar Ratio Rank: 33
Calmar Ratio Rank
HIMYX Martin Ratio Rank: 33
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PIGFX vs. HIMYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Fundamental Growth Fund (PIGFX) and Pioneer High Income Municipal Fund (HIMYX). 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.


PIGFXHIMYXDifference

Sharpe ratio

Return per unit of total volatility

0.47

-0.29

+0.76

Sortino ratio

Return per unit of downside risk

0.81

-0.36

+1.17

Omega ratio

Gain probability vs. loss probability

1.12

0.94

+0.18

Calmar ratio

Return relative to maximum drawdown

0.70

-0.18

+0.89

Martin ratio

Return relative to average drawdown

2.23

-0.37

+2.60

PIGFX vs. HIMYX - Sharpe Ratio Comparison

The current PIGFX Sharpe Ratio is 0.47, which is higher than the HIMYX Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of PIGFX and HIMYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PIGFXHIMYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.47

-0.29

+0.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

-0.06

+0.55

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.44

+0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.52

-0.02

Correlation

The correlation between PIGFX and HIMYX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

PIGFX vs. HIMYX - Dividend Comparison

PIGFX's dividend yield for the trailing twelve months is around 20.98%, more than HIMYX's 8.21% yield.


TTM20252024202320222021202020192018201720162015
PIGFX
Pioneer Fundamental Growth Fund
20.98%19.18%5.75%3.41%4.39%20.14%9.08%5.43%6.07%4.66%2.19%4.40%
HIMYX
Pioneer High Income Municipal Fund
8.21%8.63%5.32%4.97%3.88%3.71%3.96%5.35%5.20%5.00%5.66%5.65%

Drawdowns

PIGFX vs. HIMYX - Drawdown Comparison

The maximum PIGFX drawdown since its inception was -44.04%, which is greater than HIMYX's maximum drawdown of -35.00%. Use the drawdown chart below to compare losses from any high point for PIGFX and HIMYX.


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Drawdown Indicators


PIGFXHIMYXDifference

Max Drawdown

Largest peak-to-trough decline

-44.04%

-35.00%

-9.04%

Max Drawdown (1Y)

Largest decline over 1 year

-14.32%

-6.96%

-7.36%

Max Drawdown (5Y)

Largest decline over 5 years

-27.12%

-19.32%

-7.80%

Max Drawdown (10Y)

Largest decline over 10 years

-31.47%

-19.32%

-12.15%

Current Drawdown

Current decline from peak

-11.04%

-6.39%

-4.65%

Average Drawdown

Average peak-to-trough decline

-6.40%

-5.66%

-0.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.58%

3.50%

+1.08%

Volatility

PIGFX vs. HIMYX - Volatility Comparison

Pioneer Fundamental Growth Fund (PIGFX) has a higher volatility of 6.09% compared to Pioneer High Income Municipal Fund (HIMYX) at 1.35%. This indicates that PIGFX's price experiences larger fluctuations and is considered to be riskier than HIMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PIGFXHIMYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.09%

1.35%

+4.74%

Volatility (6M)

Calculated over the trailing 6-month period

11.17%

4.34%

+6.83%

Volatility (1Y)

Calculated over the trailing 1-year period

21.08%

8.37%

+12.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.69%

5.62%

+13.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.84%

5.04%

+13.80%