Skip to Content

Pioneer Multi-Asset Ultrashort Income Y MYFRX

Analyst rating as of
NAV / 1-Day Return
9.56  /  0.00 %
Total Assets
4.9 Bil
Adj. Expense Ratio
0.450%
Expense Ratio
0.450%
Fee Level
Above Average
Longest Manager Tenure
11.08 years
Category
Ultrashort Bond
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
5,000,000
Status
Open
TTM Yield
1.36%
Effective Duration
0.14 years
Premium

Morningstar’s Analysis

Will MYFRX outperform in future?

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

Persistent management turnover looms over this aggressive ultrashort bond strategy.

Summary

| |

Pioneer Multi-Asset Ultrashort Income welcomes too much credit risk for an ultrashort bond strategy, and turnover has plagued its management team in recent years. Its cheapest share classes earn a Morningstar Analyst Rating of Neutral, while its pricier shares are rated Negative.

Unlock our full analysis with Morningstar Premium