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Pioneer Multi-Asset Ultrashort Income Y MYFRX

Analyst rating as of
NAV / 1-Day Return
9.48  /  0.01 %
Total Assets
4.3 Bil
Adj. Expense Ratio
Expense Ratio
0.440%
Distribution Fee Level
Above Average
Share Class Type
Institutional
Category
Ultrashort Bond
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
5,000,000
Status
Open
TTM Yield
1.86%
Effective Duration

Morningstar’s Analysis MYFRX

Will MYFRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Heavy on credit risk.

Summary

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Pioneer Multi-Asset Ultrashort Income takes too much credit risk for an ultrashort bond strategy, and recent management turnover still hangs over this team. Its cheapest share classes earn a Neutral Morningstar Analyst Rating, while its pricier shares are rated Negative.

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