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Morningstar

Pioneer Short Term Income A STABX

Morningstar Medalist Rating
Medalist Rating as of | See Amundi Investment Hub
  • NAV / 1-Day Return 8.69  /  0.10 %
  • Total Assets 415.1 Mil
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.86%
  • Effective Duration 1.73 years

USD | NAV as of May 26, 2023 | 1-Day Return as of May 26, 2023, 10:22 PM GMT+0

Morningstar’s Analysis STABX

Will STABX 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 STABX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

A revamped management roster continues to favor credit risk.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

Pioneer Short Term Income maintains too much credit risk for a short-term bond strategy, and steady leadership turnover has weakened this team. Its cheaper share classes earn a Neutral Morningstar Analyst Rating, while its pricier shares are rated Negative.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings STABX

More STABX Holdings
  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 0
  • Bond Holdings 539
  • Other Holdings 48
  • % Assets in Top 10 Holdings 11.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.875%

4.04
16,948,203
Government

United States Treasury Bonds 6.375%

1.85
7,754,414
Government

Dreyfus Government Cash Mgmt Instl

1.54
6,467,080
Cash and Equivalents

Standard Chartered PLC 3.971%

0.94
3,944,281
Corporate

Wells Fargo & Company 3.55%

0.89
3,745,175
Corporate

Basket Collareal Us Triparty Repo

0.75
3,160,000
Cash and Equivalents

Basket Collareal Us Triparty Repo

0.75
3,160,000
Cash and Equivalents

HSBC Holdings PLC 5.21%

0.71
2,989,209
Corporate

Federal National Mortgage Association 6%

0.70
2,959,926
Securitized

Morgan Stanley 3.62%

0.68
2,868,460
Corporate