PINDX vs. FLYRX

Last updated Apr 2, 2026

Compare and contrast key facts about Pioneer Disciplined Growth Fund (PINDX) and Pioneer Floating Rate Fund (FLYRX).

PINDX is managed by Amundi. It was launched on Dec 15, 2005. FLYRX is managed by Amundi. It was launched on Feb 13, 2007.

Performance

PINDX vs. FLYRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Disciplined Growth Fund (PINDX) and Pioneer Floating Rate Fund (FLYRX). The values are adjusted to include any dividend payments, if applicable.

PINDX vs. FLYRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PINDX Pioneer Disciplined Growth Fund	-7.35%	21.16%	19.33%	28.67%	-21.49%	25.59%	34.78%	35.61%	-5.08%	26.41%
FLYRX Pioneer Floating Rate Fund	-0.60%	4.90%	6.94%	8.31%	-3.26%	4.32%	2.10%	7.57%	0.17%	3.74%

Returns By Period

In the year-to-date period, PINDX achieves a -7.35% return, which is significantly lower than FLYRX's -0.60% return. Over the past 10 years, PINDX has outperformed FLYRX with an annualized return of 14.38%, while FLYRX has yielded a comparatively lower 3.91% annualized return.

PINDX

• 1D: 3.80%
• 1M: -4.88%
• YTD: -7.35%
• 6M: -6.31%
• 1Y: 23.30%
• 3Y*: 16.15%
• 5Y*: 10.30%
• 10Y*: 14.38%

FLYRX

• 1D: 0.00%
• 1M: 0.17%
• YTD: -0.60%
• 6M: 0.51%
• 1Y: 3.76%
• 3Y*: 5.58%
• 5Y*: 3.73%
• 10Y*: 3.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PINDX vs. FLYRX - Expense Ratio Comparison

PINDX has a 1.05% expense ratio, which is higher than FLYRX's 0.75% expense ratio.

PINDX

Pioneer Disciplined Growth Fund

FLYRX

Pioneer Floating Rate Fund

Return for Risk

PINDX vs. FLYRX — Risk / Return Rank

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

PINDX

PINDX Risk / Return Rank: 58
PINDX Sharpe Ratio Rank: 53
PINDX Sortino Ratio Rank: 59
PINDX Omega Ratio Rank: 54
PINDX Calmar Ratio Rank: 68
PINDX Martin Ratio Rank: 54

FLYRX

FLYRX Risk / Return Rank: 80
FLYRX Sharpe Ratio Rank: 69
FLYRX Sortino Ratio Rank: 82
FLYRX Omega Ratio Rank: 90
FLYRX Calmar Ratio Rank: 83
FLYRX Martin Ratio Rank: 77

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.

PINDX vs. FLYRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Disciplined Growth Fund (PINDX) and Pioneer Floating Rate Fund (FLYRX). 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.

	PINDX	FLYRX	Difference
Sharpe ratio Return per unit of total volatility	1.05	1.32	-0.27
Sortino ratio Return per unit of downside risk	1.61	2.24	-0.63
Omega ratio Gain probability vs. loss probability	1.23	1.42	-0.19
Calmar ratio Return relative to maximum drawdown	1.66	2.23	-0.57
Martin ratio Return relative to average drawdown	5.55	8.21	-2.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PINDX vs. FLYRX - Sharpe Ratio Comparison

The current PINDX Sharpe Ratio is 1.05, which is comparable to the FLYRX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of PINDX and FLYRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PINDX	FLYRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	1.32	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	1.42	-0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	1.10	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	1.02	-0.57

Correlation

The correlation between PINDX and FLYRX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PINDX vs. FLYRX - Dividend Comparison

PINDX's dividend yield for the trailing twelve months is around 4.87%, less than FLYRX's 6.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PINDX Pioneer Disciplined Growth Fund	4.87%	4.51%	6.34%	0.17%	7.23%	33.14%	27.35%	5.20%	26.83%	12.86%	8.57%	6.14%
FLYRX Pioneer Floating Rate Fund	6.83%	7.48%	5.87%	6.45%	5.40%	3.46%	3.91%	5.01%	4.70%	4.13%	3.88%	3.85%

Drawdowns

PINDX vs. FLYRX - Drawdown Comparison

The maximum PINDX drawdown since its inception was -52.37%, which is greater than FLYRX's maximum drawdown of -30.67%. Use the drawdown chart below to compare losses from any high point for PINDX and FLYRX.

Drawdown Indicators

	PINDX	FLYRX	Difference
Max Drawdown Largest peak-to-trough decline	-52.37%	-30.67%	-21.70%
Max Drawdown (1Y) Largest decline over 1 year	-14.64%	-1.64%	-13.00%
Max Drawdown (5Y) Largest decline over 5 years	-28.77%	-6.61%	-22.16%
Max Drawdown (10Y) Largest decline over 10 years	-29.82%	-19.05%	-10.77%
Current Drawdown Current decline from peak	-11.39%	-0.60%	-10.79%
Average Drawdown Average peak-to-trough decline	-11.54%	-2.00%	-9.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	0.49%	+3.89%

Volatility

PINDX vs. FLYRX - Volatility Comparison

Pioneer Disciplined Growth Fund (PINDX) has a higher volatility of 7.04% compared to Pioneer Floating Rate Fund (FLYRX) at 0.72%. This indicates that PINDX's price experiences larger fluctuations and is considered to be riskier than FLYRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PINDX	FLYRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.04%	0.72%	+6.32%
Volatility (6M) Calculated over the trailing 6-month period	13.09%	1.82%	+11.27%
Volatility (1Y) Calculated over the trailing 1-year period	23.31%	2.77%	+20.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.64%	2.64%	+17.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.47%	3.57%	+15.90%