Pioneer Floating Rate Fund Quote
| FLARX Fund | USD 6.13 0.01 0.16% |
Performance18 of 100
| Odds Of DistressLess than 16
|
Pioneer Floating is trading at 6.13 as of the 19th of December 2024; that is 0.16% down since the beginning of the trading day. The fund's open price was 6.14. Pioneer Floating has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 25th of December 2023 and ending today, the 19th of December 2024. Click here to learn more.
Normally, the fund invests at least 80 percent of its net assets in floating rate loans and other floating rate investments. Floating rate investments are securities and other instruments with interest rates that adjust or float periodically based on a specified interest rate or other reference and include senior secured floating rate loans, repurchase agreements, money market securities and shares of money market and short term bond funds.. More on Pioneer Floating Rate
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Pioneer Mutual Fund Highlights
| Fund Concentration | Amundi US Funds, Large Funds, Bank Loan Funds, Bank Loan, Amundi US (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Pioneer Floating Rate [FLARX] is traded in USA and was established 19th of December 2024. Pioneer Floating is listed under Amundi US category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Amundi US family. This fund currently has accumulated 298.05 M in assets under management (AUM) with no minimum investment requirementsPioneer Floating Rate is currently producing year-to-date (YTD) return of 9.34% with the current yeild of 0.0%, while the total return for the last 3 years was 5.63%.
Check Pioneer Floating Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pioneer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pioneer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pioneer Floating Rate Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Pioneer Floating Rate Mutual Fund Constituents
| BKLN | Invesco Senior Loan | Etf | Bank Loan |
Pioneer Floating Rate Risk Profiles
| Mean Deviation | 0.0586 | |||
| Standard Deviation | 0.1226 | |||
| Variance | 0.015 | |||
| Risk Adjusted Performance | 0.1398 |
Pioneer Floating Against Markets
Other Information on Investing in Pioneer Mutual Fund
Pioneer Floating financial ratios help investors to determine whether Pioneer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pioneer with respect to the benefits of owning Pioneer Floating security.
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