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Trending ETFs

Pioneer Short Term Income Fund

mutual fund
STIKX
Payout Change
Pending
Price as of:
$8.87 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
STIKX (Mutual Fund)

Pioneer Short Term Income Fund

Payout Change
Pending
Price as of:
$8.87 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
STIKX (Mutual Fund)

Pioneer Short Term Income Fund

Payout Change
Pending
Price as of:
$8.87 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.87

$624 M

5.57%

$0.49

0.50%

Vitals

YTD Return

3.0%

1 yr return

7.5%

3 Yr Avg Return

2.1%

5 Yr Avg Return

2.3%

Net Assets

$624 M

Holdings in Top 10

6.9%

52 WEEK LOW AND HIGH

$8.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.87

$624 M

5.57%

$0.49

0.50%

STIKX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.36%
DIVIDENDS
  • Dividend Yield 5.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Pioneer Short Term Income Fund
  • Fund Family Name
    The Pioneer Funds
  • Inception Date
    Jul 08, 2004
  • Shares Outstanding
    N/A
  • Share Class
    K
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nicolas Pauwels

Fund Description

Normally, the fund invests primarily in debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, investment grade debt securities (including convertible debt) of U.S. and non-U.S. corporate and other issuers, mortgage-related securities, including “sub-prime” mortgages, and asset-backed securities of U.S. and non-U.S. issuers and short-term money market instruments of U.S. and non-U.S. issuers.Normally, at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) are invested in debt securities that are rated investment grade at the time of purchase or cash and cash equivalents. The fund may invest in debt securities of issuers in any industry or market sector. Derivative instruments that provide exposure to investment grade debt securities or have similar economic characteristics may be used to satisfy the fund’s 80% policy. The fund may invest up to 20% of its net assets in below investment grade debt securities (known as “junk bonds”) including securities that are in default. The fund may invest in floating rate loans, subordinated debt securities and insurance-linked securities.The fund will normally maintain a dollar-weighted average portfolio maturity of no more than 3 years. The maturity of a fixed income security is a measure of the time remaining until final payment on the security is due. The fund’s investments may have fixed or variable principal payments and all types of interest rate payment and reset terms, including fixed rate, adjustable rate, floating rate, inverse floating rate, zero coupon, contingent, deferred, payment in kind and auction rate features.The fund may invest up to 20% of its total assets in securities of non-U.S. issuers, including up to 5% of its total assets in debt securities of emerging market issuers.The fund may invest a substantial portion of its assets in asset-backed securities and mortgage-related securities, including credit risk transfer securities, and commercial mortgage-backed securities, collateralized mortgage obligations (CMOs) and other mortgage-related securities issued by private issuers. The fund's investments in mortgage-related securities may include instruments, the underlying assets of which allow for balloon payments (where a substantial portion of a mortgage loan balance is paid at maturity, which can shorten the average life of the mortgage-backed instrument) or negative amortization payments (where as a result of a payment cap, payments on a mortgage loan are less than the amount of principal and interest owed, with excess amounts added to the outstanding principal balance, which can extend the average life of the mortgage-backed instrument).The fund may, but is not required to, use derivatives such as credit default swaps and forward foreign currency transactions. The fund may use derivatives for a variety of purposes, including: in an attempt to hedge against adverse changes in the market price of securities, interest rates or currency exchange rates; as a substitute for purchasing or selling securities; to attempt to increase the fund's return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique. The fund may choose not to make use of derivatives for a variety of reasons, and any use may be limited by applicable law and regulations.The adviser considers both broad economic and issuer specific factors in selecting investments. In assessing the appropriate maturity, credit quality and sector weighting of the fund's portfolio, the adviser considers a variety of factors that are expected to influence economic activity and interest rates. The adviser selects individual securities to buy and sell based upon such factors as a security’s yield, liquidity and rating, an assessment of credit quality, and sector and issuer diversification.The adviser integrates environmental, social and corporate governance (ESG) considerations into its investment research process by evaluating the business models and practices of issuers and their ESG-related risks. The adviser believes ESG analysis is a meaningful facet of fundamental research, the process of evaluating an issuer based on its financial position, business operations, competitive standing and management. This process considers ESG information, where available, in assessing an investment’s performance potential. The adviser generally considers ESG information in the context of an issuer’s respective sector or industry. The adviser may consider ESG ratings provided by third parties or internal sources, as well as issuer disclosures and public information, in evaluating issuers. ESG considerations are not a primary focus of the fund, and the weight given by the adviser to ESG considerations in making investment decisions will vary and, for any specific decision, they may be given little or no weight. Notwithstanding the foregoing, the adviser generally will not invest fund assets in companies engaged in the production, sale, storage of, or providing services for, certain controversial weapons, including chemical, biological and depleted uranium weapons and certain antipersonnel mines and clusterbombs.
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STIKX - Performance

Return Ranking - Trailing

Period STIKX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -85.4% 12.9% 7.59%
1 Yr 7.5% -84.9% 23.7% 7.98%
3 Yr 2.1%* -47.2% 4.4% 5.31%
5 Yr 2.3%* -31.1% 4.8% 11.38%
10 Yr N/A* -19.2% 169.9% 20.09%

* Annualized

Return Ranking - Calendar

Period STIKX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -1.6% 7.6% 62.83%
2022 -6.6% -17.7% -2.6% 37.62%
2021 -0.5% -4.0% 4.4% 6.64%
2020 -1.1% -7.1% 7.6% 96.21%
2019 1.3% -2.3% 9.3% 86.39%

Total Return Ranking - Trailing

Period STIKX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -85.4% 12.9% 7.59%
1 Yr 7.5% -84.9% 23.7% 7.98%
3 Yr 2.1%* -47.2% 4.4% 5.31%
5 Yr 2.3%* -31.1% 4.8% 11.38%
10 Yr N/A* -19.2% 169.9% 18.30%

* Annualized

Total Return Ranking - Calendar

Period STIKX Return Category Return Low Category Return High Rank in Category (%)
2023 7.7% 1.8% 15.2% 5.95%
2022 -3.2% -17.3% -1.3% 8.88%
2021 2.2% -2.7% 7.7% 5.86%
2020 2.1% -2.4% 14.5% 96.61%
2019 4.7% 0.6% 12.6% 49.48%

NAV & Total Return History


STIKX - Holdings

Concentration Analysis

STIKX Category Low Category High STIKX % Rank
Net Assets 624 M 14.5 K 57.3 B 61.67%
Number of Holdings 704 2 9251 28.70%
Net Assets in Top 10 43.1 M 993 K 6.33 B 79.44%
Weighting of Top 10 6.90% 2.1% 103.0% 96.30%

Top 10 Holdings

  1. United States Treasury Note/Bond 1.19%
  2. United States Treasury Note/Bond 1.16%
  3. Towd Point Mortgage Trust 2024-CES1 0.67%
  4. Fannie Mae or Freddie Mac 0.65%
  5. BHG Securitization Trust 2022-C 0.55%
  6. US Bancorp 0.55%
  7. ABPCI DIRECT LENDING FUND CLO VI LTD 0.54%
  8. United States Treasury Note/Bond 0.54%
  9. Cooperatieve Rabobank UA/NY 0.52%
  10. American Express Co 0.52%

Asset Allocation

Weighting Return Low Return High STIKX % Rank
Bonds
74.89% 0.00% 131.18% 75.37%
Other
26.70% -0.97% 69.02% 11.67%
Convertible Bonds
3.67% 0.00% 27.71% 33.58%
Cash
0.40% -20.59% 55.85% 82.41%
Stocks
0.00% 0.00% 99.97% 56.48%
Preferred Stocks
0.00% 0.00% 22.27% 51.11%

Bond Sector Breakdown

Weighting Return Low Return High STIKX % Rank
Securitized
48.52% 0.00% 97.27% 9.46%
Corporate
37.57% 0.00% 100.00% 52.88%
Government
5.78% 0.00% 73.63% 76.62%
Cash & Equivalents
0.40% 0.00% 55.85% 72.04%
Derivative
0.01% -0.33% 28.01% 27.04%
Municipal
0.00% 0.00% 17.46% 71.80%

Bond Geographic Breakdown

Weighting Return Low Return High STIKX % Rank
US
74.89% 0.00% 130.36% 73.89%
Non US
0.00% 0.00% 82.77% 51.85%

STIKX - Expenses

Operational Fees

STIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.01% 3.24% 68.40%
Management Fee 0.35% 0.00% 1.19% 57.96%
12b-1 Fee 0.00% 0.00% 1.00% 6.09%
Administrative Fee N/A 0.01% 0.41% N/A

Sales Fees

STIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

STIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

STIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 500.00% 56.57%

STIKX - Distributions

Dividend Yield Analysis

STIKX Category Low Category High STIKX % Rank
Dividend Yield 5.57% 0.00% 11.11% 2.59%

Dividend Distribution Analysis

STIKX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

STIKX Category Low Category High STIKX % Rank
Net Income Ratio 2.36% -1.27% 4.98% 6.82%

Capital Gain Distribution Analysis

STIKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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STIKX - Fund Manager Analysis

Managers

Nicolas Pauwels


Start Date

Tenure

Tenure Rank

Jun 08, 2018

3.98

4.0%

Mr. Pauwels, Vice President of Amundi Pioneer, joined Amundi Pioneer in 2006.

Noah Funderburk


Start Date

Tenure

Tenure Rank

Jun 08, 2018

3.98

4.0%

Noah Funderburk is a Vice President, Portfolio Manager, and member of the Securitized Assets team at Amundi Pioneer. Based in Boston, he is responsible for the portfolio management of securitized credit strategies. He specializes in non-agency residential mortgage-backed securities and emerging sectors such as agency credit risk transfer securities and single family rental securities.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.18 2.41