Pioneer Amt Free Municipal Fund Fundamentals
| MNBCX Fund | USD 13.34 0.04 0.30% |
Pioneer Amt Free Municipal fundamentals help investors to digest information that contributes to Pioneer Amt-free's financial success or failures. It also enables traders to predict the movement of Pioneer Mutual Fund. The fundamental analysis module provides a way to measure Pioneer Amt-free's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pioneer Amt-free mutual fund.
Pioneer |
Pioneer Amt Free Municipal Mutual Fund Year To Date Return Analysis
Pioneer Amt-free's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Pioneer Amt-free Year To Date Return | 3.18 % |
Most of Pioneer Amt-free's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pioneer Amt Free Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, Pioneer Amt Free Municipal has a Year To Date Return of 3.1844%. This is much higher than that of the Amundi US family and significantly higher than that of the Muni National Long category. The year to date return for all United States funds is notably lower than that of the firm.
Pioneer Amt Free Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pioneer Amt-free's current stock value. Our valuation model uses many indicators to compare Pioneer Amt-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pioneer Amt-free competition to find correlations between indicators driving Pioneer Amt-free's intrinsic value. More Info.Pioneer Amt Free Municipal is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 1,225 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pioneer Amt-free's earnings, one of the primary drivers of an investment's value.Pioneer Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pioneer Amt-free's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Pioneer Amt-free could also be used in its relative valuation, which is a method of valuing Pioneer Amt-free by comparing valuation metrics of similar companies.Pioneer Amt is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Pioneer Amt-free
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Pioneer Amt-free's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Pioneer Fundamentals
| Total Asset | 14.93 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 3.18 % | ||||
| One Year Return | 7.53 % | ||||
| Three Year Return | (3.01) % | ||||
| Five Year Return | (0.52) % | ||||
| Ten Year Return | 4.37 % | ||||
| Net Asset | 915.51 M | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 2.47 % | ||||
| Bond Positions Weight | 0.21 % |
About Pioneer Amt-free Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Amt Free Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Amt-free using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Amt Free Municipal based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Normally, the fund invests at least 80 percent of its net assets in investment grade municipal bonds with a maturity of more than one year, the interest on which is exempt from regular federal income tax. The fund normally will not invest in securities the interest on which is a tax preference item for purposes of the federal alternative minimum tax .
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pioneer Mutual Fund
Pioneer Amt-free 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 Amt-free security.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |