Morningstar

Victory Pioneer Multi-Asset Income Fund Class A PMAIX

Morningstar Medalist Rating
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Medalist Rating as of See Victory Capital Investment Hub
  • NAV / 1-Day Return $13.45  /  +0.15 %
  • Fund Size $10.3B
  • Adjusted Expense Ratio 0.840%
  • Net Expense Ratio 0.780%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Global Moderate Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 6.63%
  • Turnover Ratio 72%
NAV and 1-Day Return as of

Morningstar’s Analysis PMAIX

Will PMAIX outperform in the 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 PMAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PMAIX 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 PMAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Experienced leadership drives income.

Senior Analyst David Reyna

David Reyna

Senior Analyst

Summary

Higher conviction in Pioneer Multi-Asset Income’s experienced manager supports a People upgrade to Above Average from Average. His deft execution has delivered solid results for income-oriented investors.

by David Reyna
Rated on Published on

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Portfolio Holdings PMAIX

More PMAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −10.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank of America Corp

3.91 310M
Financial Services

Samsung Electronics Co Ltd

2.69 213M
Technology

Microsoft Corp

2.65 210M
Technology

Citi Future Usd Segregate

2.28 181M
Derivative

Amazon.com Inc

1.86 147M
Consumer Cyclical

Banco de Sabadell SA

1.75 139M
Financial Services

Bristol-Myers Squibb Co

1.69 134M
Healthcare

Eversource Energy

1.67 133M
Utilities

Huntington Bancshares Inc

1.65 131M
Financial Services

Japan (Government Of) 0.4%

1.46 116M
Government

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