MAFRX : Pioneer Multi-Asset Ultrashort Income Fund Class A

MAFRX is a Alternative Market Short with HIGH fees.

MAFRX

Pioneer Multi-Asset Ultrashort Income Fund Class A

FI Score

47 /100

Expense Ratio Rating

3 /10

Expense Rating

4 /10

Market Score

8 /10

Category Score

0 /10

Market Size

8 /10

47% FI Score
  • mafrx
  • Mutual Fund
  • Alternative
  • Short

Pioneer Multi-Asset Ultrashort Income Fund Class A

Expenses: 0.59% (Better than 0% of similar funds)

This is a bad choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks a high level of current income to the extent consistent with a relatively high level of stability of principal. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate instruments of U.S. and non-U.S. issuers, including: mortgage-backed and asset-backed securities; senior secured loans and second lien or other subordinated or unsecured loans; debt issued by banks and other corporate, governmental and non-governmental entities; corporate bonds; event-linked bonds and other insurance-linked securities; and preferred stock.

Largest Holdings

Amount Holding
4.80% United States Treasury Notes 0.13%
0.91% Bank of America Corporation 2.37%
0.62% TIDEWATER AUTO RECEIVABLES TRUST 1.39%
0.58% PFS Financing Corp 1.36%
0.53% Verizon Owner Trust 0.99%
0.53% FIRST INVESTORS AUTO OWNER TRUST 1.49%
0.50% United States Treasury Notes 0.13%
0.50% United States Treasury Notes 0.13%
0.50% Federal National Mortgage Association 0.06%
0.50% SunTrust Bank 1.69%
0.50% Mitsubishi UFJ Financial Group, Inc. 1.37%
0.48% UPSTART SECURITIZATION TRUST 2.32%
0.47% LSTAR SECURITIES INVESTMENT LTD 1.87%
0.47% VERIZON OWNER TRUST 1.14%
0.46% VEROS AUTO RECEIVABLES TRUST 1.67%
0.46% CONSUMER LOAN UNDERLYING BOND CREDIT TRUST 2.59%
0.44% Lstar Secs Invt Ltd 2019-2 / Ls 144A FRN 1.87%
0.42% Sumitomo Mitsui Financial Group Inc 1.36%
0.41% FINANCE OF AMERICA HECM BUYOUT 2020-HB1 2.01%
0.40% ASCENTIUM EQUIPMENT RECEIVABLES TRUST 2.24%
0.39% Marlin Receivables Llc 3.36%
0.38% CONNECTICUT AVENUE SECURITIES TRUST 2.64%
0.37% MF1 2019-FL2 LTD 1.62%
0.37% Nextgear Floorplan Master Owner Trust 1.61%
0.36% JPMorgan Chase & Co. 2.1%

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