Morningstar

Victory Pioneer Multi-Asset Income Fund Class A PMAIX

Morningstar Medalist Rating
Medalist Rating as of | See Victory Capital Investment Hub
  • NAV / 1-Day Return 13.53  /  +0.52 %
  • Total Assets 9.2B
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.820%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Global Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Status Open
  • TTM Yield 6.32%
  • Turnover 62%

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 12:11 AM GMT+0

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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PMAIX

More PMAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −5.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Contract - Usd

5.27 350M
Derivative

Currency Contract - Eur

5.15 343M
Derivative

Bank of America Corp

4.95 329M
Financial Services

Shell PLC ADR (Representing - Ordinary Shares)

3.13 208M
Energy

United States Treasury Bills

2.34 156M
Government

Pfizer Inc

2.13 142M
Healthcare

Eversource Energy

1.91 127M
Utilities

Bristol-Myers Squibb Co

1.88 125M
Healthcare

Samsung Electronics Co Ltd

1.71 114M
Technology

Grupo Financiero Banorte SAB de CV Class O

1.70 113M
Financial Services

Sponsor Center