3 / 5 Stars
3 3 3 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 80 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 6.37 percent over the past year, 5.05 percent over the past three years, 8.32 percent over the past five years, and 6.49 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.6%|
|3 Years (Annualized)||5.1%|
|5 Years (Annualized)||8.3%|
|10 Years (Annualized)||6.5%|
The investment seeks a high level of current income. The fund normally invests at least 80% of net assets in debt securities. It invests primarily in debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities or non-U.S. governmental entities; debt securities of U.S. and non-U.S. corporate issuers (including convertible debt); and mortgage-related securities, including "sub-prime" mortgages, and asset-backed securities. The fund invests in securities with a broad range of maturities and maintains an average portfolio maturity which varies based upon the judgment of the fund's investment adviser.
Fees are Low compared to funds in the same category.
Pioneer Strategic Income Fund has an expense ratio of 1.72 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.