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Trending ETFs

Name

As of 06/21/2024

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

Pioneer Bond Fund

PBFKX | Fund

$8.27

$4.48 B

4.36%

$0.36

0.36%

Vitals

YTD Return

1.0%

1 yr return

5.0%

3 Yr Avg Return

-2.3%

5 Yr Avg Return

1.0%

Net Assets

$4.48 B

Holdings in Top 10

28.0%

52 WEEK LOW AND HIGH

$8.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 59.00%

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 06/21/2024

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

Pioneer Bond Fund

PBFKX | Fund

$8.27

$4.48 B

4.36%

$0.36

0.36%

PBFKX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return -2.3%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.73%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Pioneer Bond Fund
  • Fund Family Name
    The Pioneer Funds
  • Inception Date
    Oct 31, 2078
  • Shares Outstanding
    N/A
  • Share Class
    K
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kenneth Taubes

Fund Description

Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities issued or guaranteed by the U.S. government, its agencies and instrumentalities, investment grade debt securities (including convertible debt) of corporate or other issuers and cash, cash equivalents and other short-term holdings. Derivative instruments that provide exposure to such securities or have similar economic characteristics may be used to satisfy the fund’s 80% policy.The fund may invest a substantial portion of its assets in mortgage-related securities, including commercial mortgage-backed securities, collateralized mortgage obligations, credit risk transfer securities and “sub-prime” mortgages; and asset-backed securities. The fund’s investments in mortgage-related and asset-backed securities include 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 also may invest a portion of its assets in subordinated debt securities, municipal securities, preferred securities, Treasury Inflation Protected Securities (“TIPS”) and other inflation-linked debt securities, floating-rate loans and insurance-linked securities. The fund also may enter into mortgage dollar roll transactions.The fund may invest up to 20% of its net assets in debt securities rated below investment grade or, if unrated, of equivalent credit quality as determined by the adviser (known as “junk bonds”), including securities that are in default. The fund may invest up to 15% of its total assets in securities of non-U.S. issuers, including up to 5% of its total assets in securities of emerging market issuers.The fund may invest in securities of any maturity, and maintains an average portfolio maturity which varies based upon the judgment of the fund's adviser. 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, floating rate, inverse floating rate, zero coupon, when-issued, delayed delivery, to be announced and forward commitment, contingent, deferred and payment in kind and auction rate features.The fund may, but is not required to, use derivatives, such as credit default swapsand credit default swap index products (“CDX”)(swaps based on a portfolio of credit default swaps with similar characteristics, such as credit default swaps on high-yield bonds). 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 fund may hold cash or other short-term investments.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 (i) companies that the adviser determines have significant involvement in the manufacturing of complete tobacco products,(ii)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 cluster bombs, or (iii)companies with involvement in the production or sale of nuclear weapons.
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PBFKX - Performance

Return Ranking - Trailing

Period PBFKX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -4.6% 5.2% 16.78%
1 Yr 5.0% -8.5% 12.9% 17.84%
3 Yr -2.3%* -10.6% 26.5% 23.08%
5 Yr 1.0%* -7.3% 191.3% 14.70%
10 Yr 2.1%* -2.6% 73.7% 10.74%

* Annualized

Return Ranking - Calendar

Period PBFKX Return Category Return Low Category Return High Rank in Category (%)
2023 3.0% -16.2% 8.1% 12.42%
2022 -16.4% -34.7% 131.9% 62.40%
2021 -5.0% -11.6% 4.4% 92.56%
2020 3.5% -10.1% 946.1% 58.08%
2019 5.6% -1.7% 16.9% 52.73%

Total Return Ranking - Trailing

Period PBFKX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -4.6% 5.2% 16.78%
1 Yr 5.0% -8.5% 12.9% 17.84%
3 Yr -2.3%* -10.6% 26.5% 23.08%
5 Yr 1.0%* -7.3% 191.3% 14.70%
10 Yr 2.1%* -2.6% 73.7% 10.74%

* Annualized

Total Return Ranking - Calendar

Period PBFKX Return Category Return Low Category Return High Rank in Category (%)
2023 7.3% -11.3% 11.0% 11.82%
2022 -14.1% -32.2% 131.9% 68.60%
2021 1.2% -9.4% 9.2% 7.34%
2020 9.3% -1.9% 1009.0% 27.54%
2019 9.3% 1.1% 21668.0% 36.70%

NAV & Total Return History


PBFKX - Holdings

Concentration Analysis

PBFKX Category Low Category High PBFKX % Rank
Net Assets 4.48 B 2.9 M 314 B 26.83%
Number of Holdings 1446 1 17816 30.01%
Net Assets in Top 10 1.28 B 1.57 M 34.8 B 22.36%
Weighting of Top 10 28.05% 4.4% 132.5% 41.96%

Top 10 Holdings

  1. Fannie Mae or Freddie Mac 6.68%
  2. United States Treasury Note/Bond 4.34%
  3. United States Treasury Note/Bond 2.96%
  4. Freddie Mac Pool 2.75%
  5. United States Treasury Bill- When Issued 2.52%
  6. Fannie Mae or Freddie Mac 2.18%
  7. Fannie Mae or Freddie Mac 1.83%
  8. Freddie Mac Pool 1.66%
  9. Freddie Mac Pool 1.66%
  10. Fannie Mae or Freddie Mac 1.48%

Asset Allocation

Weighting Return Low Return High PBFKX % Rank
Bonds
95.06% 0.00% 211.59% 51.76%
Other
6.79% -16.94% 53.20% 34.84%
Convertible Bonds
2.72% 0.00% 7.93% 13.08%
Cash
0.84% -54.51% 87.74% 78.45%
Stocks
0.00% 0.00% 99.99% 82.71%
Preferred Stocks
0.00% 0.00% 74.98% 82.07%

Bond Sector Breakdown

Weighting Return Low Return High PBFKX % Rank
Securitized
57.23% 0.00% 98.40% 9.13%
Corporate
25.24% 0.00% 100.00% 67.65%
Government
2.13% 0.00% 86.23% 93.81%
Cash & Equivalents
0.84% 0.00% 83.04% 73.01%
Municipal
0.04% 0.00% 100.00% 68.97%
Derivative
-0.53% -9.72% 50.66% 95.47%

Bond Geographic Breakdown

Weighting Return Low Return High PBFKX % Rank
US
95.06% 0.00% 211.59% 47.23%
Non US
0.00% 0.00% 33.48% 84.89%

PBFKX - Expenses

Operational Fees

PBFKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.01% 39.10% 87.96%
Management Fee 0.29% 0.00% 1.76% 30.01%
12b-1 Fee 0.00% 0.00% 1.00% 10.55%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

PBFKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PBFKX 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.

PBFKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 2.00% 493.39% 23.75%

PBFKX - Distributions

Dividend Yield Analysis

PBFKX Category Low Category High PBFKX % Rank
Dividend Yield 4.36% 0.00% 10.11% 39.70%

Dividend Distribution Analysis

PBFKX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

PBFKX Category Low Category High PBFKX % Rank
Net Income Ratio 2.73% -1.28% 4.79% 6.04%

Capital Gain Distribution Analysis

PBFKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PBFKX - Fund Manager Analysis

Managers

Kenneth Taubes


Start Date

Tenure

Tenure Rank

Dec 02, 1998

23.51

23.5%

Mr. Taubes, Executive Vice President and Chief Investment Officer, U.S. of Pioneer, is responsible for overseeing the U.S. and global fixed income teams. He joined Pioneer as a senior vice president in September 1998 and has been an investment professional since 1982. Mr. Taubes has served as portfolio manager of the fund since 1999. Prior to joining Pioneer, he was a senior portfolio manager at Putnam Investments and the Treasurer of Home Owners Savings Bank. Ken is a member of Bond Analysts Society of Boston.

Bradley Komenda


Start Date

Tenure

Tenure Rank

Feb 01, 2018

4.33

4.3%

Brad Komenda is Senior Vice President, Portfolio Manager, and Deputy Director of Investment Grade Corporates, based in Boston. As Deputy Director of Investment Grade Corporates, he helps lead a team that supports the management of high-grade credit exposure across all fixed income portfolios managed by Amundi Pioneer, including crossover and high-grade CDS exposure. He is a member of teams managing stand-alone long duration and high-grade credit strategies, including portfolios with ESG mandates. Prior to joining Amundi Pioneer in 2008, Brad spent ten years as an Investment Grade and High Yield Analyst at Columbia Management. He began his career with General Electric Capital and Assurance as an investment grade and high yield research associate where he worked for five years. He holds a B.A. in Accounting and Business Administration from Central Washington University (1991). He is a CFA® charterholder.

Timothy Rowe


Start Date

Tenure

Tenure Rank

Jun 08, 2018

3.98

4.0%

Tim Rowe is Managing Director, Deputy Director of Multi-Sector Fixed Income, and Portfolio Manager, based in Durham. Tim is the lead portfolio manager for investment grade core bond portfolios, which he has managed at the firm since 1994, and works with the sector teams to construct portfolios that meet clients’ risk and return objectives. As Deputy Director of Multi-Sector Fixed Income, he oversees a team of investment professionals who are responsible for managing institutional strategies and retail funds for US and international investors. His previous responsibilities at the firm include managing agency mortgage-backed security portfolios and leading the Securitized Credit team. Before joining the firm in 1988, Tim was an Assistant Economist at the Federal Reserve Bank of Richmond, Virginia. He holds a Master of Business Administration with specialization in Finance from the University of Chicago Booth School of Business and a Bachelor of Arts in Economics and History from Duke University.

Jonathan Scott


Start Date

Tenure

Tenure Rank

Nov 01, 2021

0.58

0.6%

Jonathan Scott is a Vice President, Portfolio Manager and a member of the Amundi Pioneer Multi-Sector Fixed Income team in Boston. He joined the Fixed Income team in 2012 as an Investment Associate, and was promoted to Associate Portfolio Manager in 2016. In 2018, Jonathan assumed portfolio management responsibilities for a US TIPS portfolio. His responsibilities for the Multi-Sector strategies include managing agency MBS and Investment Grade Corporate exposures, as well as duration and yield curve hedging. As an Investment Associate, Jonathan supported portfolio construction and traded Investment Grade Corporate bonds. Jonathan joined Amundi Pioneer in 2008, working first in the firm’s Fund Accounting department, and in 2011, as a Fixed Income Risk Analyst for Investment Risk Management Team, where he worked closely with the Fixed Income team. Jonathan holds a B.A. in Economics and East Asian Studies with a concentration in Chinese from Colby College. He is a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.78 1.16