PSRAX vs. PMAIX
Compare and contrast key facts about Pioneer Strategic Income Fund (PSRAX) and Pioneer Multi-Asset Income Fund A (PMAIX).
PSRAX is managed by Amundi. It was launched on Apr 14, 1999. PMAIX is managed by Amundi. It was launched on Dec 22, 2011.
Performance
PSRAX vs. PMAIX - Performance Comparison
Loading graphics...
PSRAX vs. PMAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSRAX Pioneer Strategic Income Fund | -0.91% | 10.29% | 2.79% | 7.08% | -13.38% | 1.91% | 7.40% | 10.19% | -1.90% | 5.21% |
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, PSRAX achieves a -0.91% return, which is significantly lower than PMAIX's 0.80% return. Over the past 10 years, PSRAX has underperformed PMAIX with an annualized return of 3.18%, while PMAIX has yielded a comparatively higher 8.45% annualized return.
PSRAX
- 1D
- 0.31%
- 1M
- -2.90%
- YTD
- -0.91%
- 6M
- 0.38%
- 1Y
- 5.54%
- 3Y*
- 5.18%
- 5Y*
- 1.45%
- 10Y*
- 3.18%
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PSRAX vs. PMAIX - Expense Ratio Comparison
PSRAX has a 1.01% expense ratio, which is higher than PMAIX's 0.85% expense ratio.
Return for Risk
PSRAX vs. PMAIX — Risk / Return Rank
PSRAX
PMAIX
PSRAX vs. PMAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Strategic Income Fund (PSRAX) 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.
| PSRAX | PMAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 2.39 | -0.97 |
Sortino ratioReturn per unit of downside risk | 1.97 | 3.02 | -1.06 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.51 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.32 | -0.35 |
Martin ratioReturn relative to average drawdown | 7.07 | 10.88 | -3.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PSRAX | PMAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 2.39 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 1.11 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 1.12 | -0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 1.12 | +0.21 |
Correlation
The correlation between PSRAX and PMAIX is 0.32, 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
PSRAX vs. PMAIX - Dividend Comparison
PSRAX's dividend yield for the trailing twelve months is around 4.50%, less than PMAIX's 5.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSRAX Pioneer Strategic Income Fund | 4.50% | 4.83% | 3.65% | 2.58% | 2.75% | 8.10% | 3.28% | 2.87% | 3.15% | 3.20% | 3.39% | 3.62% |
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
PSRAX vs. PMAIX - Drawdown Comparison
The maximum PSRAX drawdown since its inception was -18.59%, smaller than the maximum PMAIX drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for PSRAX and PMAIX.
Loading graphics...
Drawdown Indicators
| PSRAX | PMAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.59% | -24.12% | +5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -7.06% | +3.75% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -13.97% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | -18.59% | -24.12% | +5.53% |
Current DrawdownCurrent decline from peak | -2.90% | -3.62% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -2.23% | -2.68% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.51% | -0.59% |
Volatility
PSRAX vs. PMAIX - Volatility Comparison
The current volatility for Pioneer Strategic Income Fund (PSRAX) is 1.39%, while Pioneer Multi-Asset Income Fund A (PMAIX) has a volatility of 2.19%. This indicates that PSRAX experiences smaller price fluctuations and is considered to be less risky than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PSRAX | PMAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 2.19% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | 4.15% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.32% | 7.19% | -2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.35% | 7.20% | -1.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 7.58% | -2.85% |