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PMFYX vs. PMAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PMFYX vs. PMAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Multi-Asset Income Fund (PMFYX) and Pioneer Multi-Asset Income Fund A (PMAIX). The values are adjusted to include any dividend payments, if applicable.

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PMFYX vs. PMAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PMFYX
Pioneer Multi-Asset Income Fund
1.37%23.15%6.28%7.04%-0.34%12.25%5.38%11.13%-5.91%18.23%
PMAIX
Pioneer Multi-Asset Income Fund A
1.34%23.03%6.09%7.32%-0.79%12.00%5.35%10.88%-6.10%17.97%

Returns By Period

The year-to-date returns for both stocks are quite close, with PMFYX having a 1.37% return and PMAIX slightly lower at 1.34%. Both investments have delivered pretty close results over the past 10 years, with PMFYX having a 8.66% annualized return and PMAIX not far behind at 8.51%.


PMFYX

1D
0.46%
1M
-2.76%
YTD
1.37%
6M
4.45%
1Y
17.47%
3Y*
12.07%
5Y*
8.12%
10Y*
8.66%

PMAIX

1D
0.54%
1M
-2.74%
YTD
1.34%
6M
4.36%
1Y
17.30%
3Y*
12.04%
5Y*
7.98%
10Y*
8.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PMFYX vs. PMAIX - Expense Ratio Comparison

PMFYX has a 0.65% expense ratio, which is lower than PMAIX's 0.85% expense ratio.


Return for Risk

PMFYX vs. PMAIX — Risk / Return Rank

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

PMFYX
PMFYX Risk / Return Rank: 9494
Overall Rank
PMFYX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMFYX Sortino Ratio Rank: 9595
Sortino Ratio Rank
PMFYX Omega Ratio Rank: 9595
Omega Ratio Rank
PMFYX Calmar Ratio Rank: 9090
Calmar Ratio Rank
PMFYX Martin Ratio Rank: 9393
Martin Ratio Rank

PMAIX
PMAIX Risk / Return Rank: 9393
Overall Rank
PMAIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMAIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
PMAIX Omega Ratio Rank: 9595
Omega Ratio Rank
PMAIX Calmar Ratio Rank: 8989
Calmar Ratio Rank
PMAIX Martin Ratio Rank: 9393
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.

PMFYX vs. PMAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Multi-Asset Income Fund (PMFYX) 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.


PMFYXPMAIXDifference

Sharpe ratio

Return per unit of total volatility

2.46

2.43

+0.03

Sortino ratio

Return per unit of downside risk

3.11

3.08

+0.03

Omega ratio

Gain probability vs. loss probability

1.53

1.52

+0.01

Calmar ratio

Return relative to maximum drawdown

2.52

2.50

+0.02

Martin ratio

Return relative to average drawdown

11.71

11.66

+0.05

PMFYX vs. PMAIX - Sharpe Ratio Comparison

The current PMFYX Sharpe Ratio is 2.46, which is comparable to the PMAIX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of PMFYX and PMAIX, 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


PMFYXPMAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.46

2.43

+0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.13

1.11

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.14

1.13

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

1.14

1.12

+0.02

Correlation

The correlation between PMFYX and PMAIX is 0.99, 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

PMFYX vs. PMAIX - Dividend Comparison

PMFYX's dividend yield for the trailing twelve months is around 5.96%, more than PMAIX's 5.79% yield.


TTM20252024202320222021202020192018201720162015
PMFYX
Pioneer Multi-Asset Income Fund
5.96%6.48%5.48%4.87%5.00%5.70%5.58%6.00%6.07%6.88%5.72%6.14%
PMAIX
Pioneer Multi-Asset Income Fund A
5.79%6.29%5.30%5.14%4.53%5.50%5.39%5.78%5.83%6.69%5.53%5.92%

Drawdowns

PMFYX vs. PMAIX - Drawdown Comparison

The maximum PMFYX drawdown since its inception was -24.23%, roughly equal to the maximum PMAIX drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for PMFYX and PMAIX.


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Drawdown Indicators


PMFYXPMAIXDifference

Max Drawdown

Largest peak-to-trough decline

-24.23%

-24.12%

-0.11%

Max Drawdown (1Y)

Largest decline over 1 year

-7.09%

-7.06%

-0.03%

Max Drawdown (5Y)

Largest decline over 5 years

-13.62%

-13.97%

+0.35%

Max Drawdown (10Y)

Largest decline over 10 years

-24.23%

-24.12%

-0.11%

Current Drawdown

Current decline from peak

-3.12%

-3.10%

-0.02%

Average Drawdown

Average peak-to-trough decline

-2.62%

-2.69%

+0.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.53%

1.52%

+0.01%

Volatility

PMFYX vs. PMAIX - Volatility Comparison

Pioneer Multi-Asset Income Fund (PMFYX) and Pioneer Multi-Asset Income Fund A (PMAIX) have volatilities of 2.29% and 2.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PMFYXPMAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.29%

2.29%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

4.14%

4.18%

-0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

7.16%

7.19%

-0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.23%

7.20%

+0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.60%

7.58%

+0.02%