2024-07-19 11:40:00 ET
Summary
- Market sentiment during this period was influenced by various factors, resulting in significant divergences across different investment styles, market breadth, and geographical regions.
- Pioneer Multi-Asset Income Fund Class Y returned 0.11% during the second quarter while the Fund’s benchmarks, the Bloomberg US Aggregate Bond Index returned 0.07%, and the MSCI All Country World Index returned 2.87%.
- Despite the Portfolio’s value tilt, specific stocks in the energy sector including the master limited partnership (MLP) exposures were among the largest contributors.
- From an economic perspective, we believe the global economy is currently in a better position compared to the consensus view from a year ago.
- While a market correction maynot be imminent, we believe it is important to be positioned for this by adhering to our philosophy of investing in securities withstrong balance sheets and attractive income and valuation characteristics.
Average Annual Total Returns for Class Y Shares
Month-toDate | Quarter- To-Date | Year-ToDate | 1-Year | 3-Year | 5-Year | 10-Year | |
Pioneer Multi-Asset Income Fund ( PMFYX ) | -1.08% | 0.11% | 4.41% | 11.17% | 5.01% | 7.26% | 5.50% |
Bloomberg US Aggregate Bond Index (Benchmark) | 0.95% | 0.07% | -0.71% | 2.63% | -3.02% | -0.23% | 1.35% |
Morgan Stanley Capital International ( MSCI ) All Country World NR Index* | 2.23% | 2.87% | 11.30% | 19.38% | 5.43% | 10.76% | 8.43% |
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For further details see:
Pioneer Multi-Asset Income Fund Performance And Market Commentary