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Lipper
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Zacks Investment Research
5
(Strong Sell)
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Standard & Poor's
2 / 5 Stars
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TheStreet.com
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U.S. News evaluated 48 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
Performance
The fund has returned 2.20 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.5% |
| 1 Year | 2.2% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks a high level of current income. 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 ("senior 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 (also known as "catastrophe bonds"); and preferred stock. Under normal circumstances, the fund's average portfolio duration will be less than two years.
Fees
Fees are Low compared to funds in the same category.
Pioneer Multi-Asset Ultrashort Income Fund has an expense ratio of 0.90 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
