Pioneer Multi-Asset Ultrashort Income Fund

U.S. News evaluated 55 Ultrashort Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Pioneer Investments funds

See full Ultrashort Bond rankings

See more fund rankings


The fund has returned 0.83 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.3%
1 Year 0.8%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more MAFRX performance


The investment seeks a high level of current income to the extent consistent with a relatively high level of stability of principal. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate instruments of U.S. and non-U.S. issuers, including: senior secured loans and second lien or other subordinated or unsecured loans; debt issued by banks and other corporate, governmental and non-governmental entities; corporate bonds; mortgage-backed and asset-backed securities; event-linked bonds; and preferred stock. The fund's average portfolio duration will be less than two years.


Fees are Low compared to funds in the same category.
Pioneer Multi-Asset Ultrashort Income Fund has an expense ratio of 0.72 percent.

See more MAFRX fees


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

See more MAFRX risk