Pioneer Absolute Return Credit Fund

U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 11.64 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 4.1%
1 Year 11.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current income; capital appreciation is a secondary objective. The fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities. It has the flexibility to invest in a broad range of issuers and segments of the debt securities markets. The fund may invest in equity securities, including common stocks, rights, warrants, depositary receipts, exchange-traded funds (ETFs) that invest primarily in equity securities and equity interests in real estate trusts (REITs).

Fees

Fees are Low compared to funds in the same category.
Pioneer Absolute Return Credit Fund has an expense ratio of 1.20 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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