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Morningstar

Pioneer Short Term Income C2 STIIX

Morningstar Medalist Rating
Medalist Rating as of | See Amundi Investment Hub
  • NAV / 1-Day Return 8.79  /  +0.13 %
  • Total Assets 721.2 Mil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.030%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.24%
  • Effective Duration 1.84 years

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 12:51 AM GMT+0

Morningstar’s Analysis STIIX

Will STIIX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable STIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the STIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of STIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This short-term fund's riskier approach can lead to a bumpier ride.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Pioneer Short Term Income features experienced managers and ample resources to support its bottom-up approach. Albeit still prone to deliver investors a bumpy ride when credit markets become stressed, the fund's enhanced liquidity controls are enough to merit a Process upgrade to Average from Below Average.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings STIIX

More STIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 6.375%

1.07 7.4 Mil
Government

United States Treasury Bonds 6.875%

1.04 7.2 Mil
Government

Basket Collareal Us Triparty Repo

0.72 5.0 Mil
Cash and Equivalents

Basket Collareal Us Triparty Repo

0.72 5.0 Mil
Cash and Equivalents

TOWD POINT MORTGAGE TRUST 2024-CES1 5.848%

0.60 4.1 Mil
Securitized

Federal National Mortgage Association 6.5%

0.59 4.1 Mil
Securitized

Prudential Funding Corp 5.31549%

0.58 4.0 Mil
Cash and Equivalents

TOWD POINT MORTGAGE TRUST 2024-CES2 6.125%

0.53 3.6 Mil
Securitized

Us Dollar

0.52 3.6 Mil
Cash and Equivalents

BHG SECURITIZATION TRUST 2022-C 5.93%

0.50 3.5 Mil
Securitized