Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
2.9%
3 Yr Avg Return
-3.6%
5 Yr Avg Return
-0.2%
Net Assets
$864 M
Holdings in Top 10
18.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 3.00%
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 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PBYMX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -3.6%
- 5 Yr Annualized Total Return -0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.05%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePioneer AMT-Free Municipal Fund
-
Fund Family NameThe Pioneer Funds
-
Inception DateSep 30, 1996
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Eurkus
Fund Description
PBYMX - Performance
Return Ranking - Trailing
Period | PBYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -3.2% | 18.1% | 91.12% |
1 Yr | 2.9% | -3.1% | 29.1% | 75.25% |
3 Yr | -3.6%* | -11.5% | 3.2% | 94.71% |
5 Yr | -0.2%* | -6.6% | 1102.5% | 89.23% |
10 Yr | 2.1%* | -0.7% | 248.5% | 31.86% |
* Annualized
Return Ranking - Calendar
Period | PBYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.8% | -1.4% | 41.0% | 3.60% |
2022 | -19.0% | -39.7% | 0.3% | 95.42% |
2021 | -0.4% | -5.6% | 6.9% | 48.20% |
2020 | 3.4% | -2.6% | 310.0% | 4.78% |
2019 | 6.6% | 0.0% | 26.0% | 3.44% |
Total Return Ranking - Trailing
Period | PBYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -3.2% | 18.1% | 91.12% |
1 Yr | 2.9% | -3.1% | 29.1% | 75.25% |
3 Yr | -3.6%* | -11.5% | 3.2% | 94.71% |
5 Yr | -0.2%* | -6.6% | 1102.5% | 89.23% |
10 Yr | 2.1%* | -0.7% | 248.5% | 31.86% |
* Annualized
Total Return Ranking - Calendar
Period | PBYMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | -1.3% | 41.0% | 2.88% |
2022 | -16.7% | -39.7% | 1.1% | 95.22% |
2021 | 2.0% | -4.8% | 23761504.0% | 40.44% |
2020 | 5.8% | -1.5% | 17057.9% | 8.13% |
2019 | 9.9% | 0.2% | 3514.6% | 3.09% |
NAV & Total Return History
PBYMX - Holdings
Concentration Analysis
PBYMX | Category Low | Category High | PBYMX % Rank | |
---|---|---|---|---|
Net Assets | 864 M | 3.22 M | 71.9 B | 32.48% |
Number of Holdings | 208 | 2 | 13203 | 54.54% |
Net Assets in Top 10 | 153 M | -317 M | 3.56 B | 29.92% |
Weighting of Top 10 | 17.98% | 1.4% | 100.2% | 50.92% |
Top 10 Holdings
- Massachusetts Development Finance Agency 3.27%
- Tobacco Settlement Financing Corp/VA 2.12%
- Loudoun County Economic Development Authority 1.85%
- State of Ohio 1.80%
- Massachusetts Health Educational Facilities Authority 1.73%
- Buckeye Tobacco Settlement Financing Authority 1.53%
- County of Miami-Dade FL Water Sewer System Revenue 1.52%
- State of Florida Department of Transportation Turnpike System Revenue 1.44%
- New York State Dormitory Authority 1.41%
- Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 1.29%
Asset Allocation
Weighting | Return Low | Return High | PBYMX % Rank | |
---|---|---|---|---|
Bonds | 99.64% | 0.00% | 150.86% | 21.61% |
Cash | 0.36% | -50.86% | 46.80% | 79.36% |
Stocks | 0.00% | 0.00% | 100.23% | 83.62% |
Preferred Stocks | 0.00% | 0.00% | 0.56% | 81.84% |
Other | 0.00% | -3.18% | 33.35% | 78.38% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 81.77% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PBYMX % Rank | |
---|---|---|---|---|
Municipal | 99.00% | 44.39% | 100.00% | 40.33% |
Derivative | 0.00% | -3.18% | 19.67% | 77.79% |
Cash & Equivalents | 0.00% | 0.00% | 46.24% | 91.38% |
Securitized | 0.00% | 0.00% | 5.93% | 82.36% |
Corporate | 0.00% | 0.00% | 9.41% | 84.13% |
Government | 0.00% | 0.00% | 52.02% | 82.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PBYMX % Rank | |
---|---|---|---|---|
US | 99.64% | 0.00% | 142.23% | 19.92% |
Non US | 0.00% | 0.00% | 23.89% | 84.06% |
PBYMX - Expenses
Operational Fees
PBYMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.66% | 0.01% | 20.65% | 59.35% |
Management Fee | 0.45% | 0.00% | 1.20% | 63.05% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.10% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
PBYMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
PBYMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
PBYMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 3.00% | 0.00% | 283.00% | 1.56% |
PBYMX - Distributions
Dividend Yield Analysis
PBYMX | Category Low | Category High | PBYMX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.43% | 0.00% | 14.51% | 21.54% |
Dividend Distribution Analysis
PBYMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PBYMX | Category Low | Category High | PBYMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.05% | -0.53% | 5.33% | 45.14% |
Capital Gain Distribution Analysis
PBYMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.036 | OrdinaryDividend |
Mar 28, 2024 | $0.035 | OrdinaryDividend |
Feb 29, 2024 | $0.035 | OrdinaryDividend |
Jan 31, 2024 | $0.035 | OrdinaryDividend |
Dec 29, 2023 | $0.035 | OrdinaryDividend |
Nov 30, 2023 | $0.035 | OrdinaryDividend |
Oct 31, 2023 | $0.035 | OrdinaryDividend |
Sep 29, 2023 | $0.035 | OrdinaryDividend |
Aug 31, 2023 | $0.035 | OrdinaryDividend |
Jul 31, 2023 | $0.035 | OrdinaryDividend |
Jun 30, 2023 | $0.035 | OrdinaryDividend |
May 31, 2023 | $0.035 | OrdinaryDividend |
Apr 28, 2023 | $0.035 | OrdinaryDividend |
Mar 31, 2023 | $0.034 | OrdinaryDividend |
Feb 28, 2023 | $0.034 | OrdinaryDividend |
Jan 31, 2023 | $0.034 | OrdinaryDividend |
Dec 30, 2022 | $0.034 | OrdinaryDividend |
Nov 30, 2022 | $0.034 | OrdinaryDividend |
Oct 31, 2022 | $0.029 | OrdinaryDividend |
Sep 30, 2022 | $0.029 | OrdinaryDividend |
Aug 31, 2022 | $0.029 | OrdinaryDividend |
Jul 29, 2022 | $0.030 | OrdinaryDividend |
Jun 30, 2022 | $0.030 | OrdinaryDividend |
May 31, 2022 | $0.027 | OrdinaryDividend |
Apr 29, 2022 | $0.027 | OrdinaryDividend |
Mar 31, 2022 | $0.026 | OrdinaryDividend |
Feb 28, 2022 | $0.025 | OrdinaryDividend |
Jan 31, 2022 | $0.025 | OrdinaryDividend |
Dec 31, 2021 | $0.026 | OrdinaryDividend |
Nov 30, 2021 | $0.039 | OrdinaryDividend |
Nov 29, 2021 | $0.002 | CapitalGainShortTerm |
Nov 29, 2021 | $0.013 | CapitalGainLongTerm |
Oct 29, 2021 | $0.026 | OrdinaryDividend |
Sep 30, 2021 | $0.026 | OrdinaryDividend |
Aug 31, 2021 | $0.026 | OrdinaryDividend |
Jul 30, 2021 | $0.026 | OrdinaryDividend |
Jun 30, 2021 | $0.026 | OrdinaryDividend |
May 28, 2021 | $0.026 | OrdinaryDividend |
Apr 30, 2021 | $0.026 | OrdinaryDividend |
Mar 31, 2021 | $0.026 | OrdinaryDividend |
Feb 26, 2021 | $0.027 | OrdinaryDividend |
Jan 29, 2021 | $0.028 | OrdinaryDividend |
Dec 31, 2020 | $0.028 | OrdinaryDividend |
Nov 30, 2020 | $0.028 | OrdinaryDividend |
Nov 24, 2020 | $0.139 | CapitalGainLongTerm |
Oct 30, 2020 | $0.028 | OrdinaryDividend |
Sep 30, 2020 | $0.029 | OrdinaryDividend |
Aug 31, 2020 | $0.030 | OrdinaryDividend |
Mar 31, 2020 | $0.034 | OrdinaryDividend |
Dec 31, 2019 | $0.036 | OrdinaryDividend |
Nov 29, 2019 | $0.037 | OrdinaryDividend |
Oct 31, 2019 | $0.037 | OrdinaryDividend |
Sep 30, 2019 | $0.038 | OrdinaryDividend |
Aug 30, 2019 | $0.037 | OrdinaryDividend |
Jul 31, 2019 | $0.037 | OrdinaryDividend |
Nov 28, 2018 | $0.015 | CapitalGainLongTerm |
Nov 24, 2009 | $0.005 | CapitalGainLongTerm |
Nov 25, 2008 | $0.065 | CapitalGainLongTerm |
Nov 29, 2007 | $0.195 | CapitalGainLongTerm |
PBYMX - Fund Manager Analysis
Managers
David Eurkus
Start Date
Tenure
Tenure Rank
Jun 09, 2006
15.99
16.0%
David J. Eurkus is Managing Director, Portfolio Manager and Director of Municipals at Amundi Pioneer. He is a Portfolio Manager on open-end and closed-end national high yield municipal bond and national investment grade municipal bond strategies. He also leads the Municipals team based in Boston. Prior to joining Amundi Pioneer, David was a Senior Vice President and Portfolio Manager at Brown Brothers Harriman, where he managed municipal bond portfolios. Previously, he served as a Senior Vice President and Senior Portfolio Manager at Putnam Investments, where he managed several tax-exempt mutual funds.
Jonathan Chirunga
Start Date
Tenure
Tenure Rank
May 17, 2013
9.04
9.0%
Jonathan M. Chirunga, Senior Vice President, Portfolio Manager, and member of the Municipals team, at Amundi Pioneer. He is a Portfolio Manager on open-end and closed-end national high yield municipal bond and national investment grade municipal bond strategies. Prior to joining Amundi Pioneer, Jonathan spent ten years at T. Rowe Price as a Municipal Credit Analyst covering municipal debt offerings for transportation, charter schools, tax allocation bonds, land-based real estate bonds, project finance bonds, including public-private partnerships, and tax-backed debt in the southeastern and central regions of the United States, providing buy, sell, and hold recommendations for a range of municipal bond funds. He also spent three years as a Municipal Credit Analyst at Standard & Poor’s, covering municipal debt offerings for Indian Gaming and other bond offerings backed by revenues related to Indian sovereignties, charter schools, tax allocation bonds, land-based real estate bonds, and tax-backed debt in the western region of the United States. Prior to Standard & Poor’s, Mr. Chirunga served as a Corporate Credit Analyst at Hewlett Packard Company, and was responsible for establishing credit for the company’s top 75 value-added resellers.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |