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ABGIX Pioneer Government Income B

  • Fund
  • ABGIX
  • Price as of: Dec 11, 2002
  • $10.27
  • + $0.02
  • + 0.20%
  • Category
  • Government Bonds

ABGIX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $114 M
  • Holdings in Top 10 33.8%

52 WEEK LOW AND HIGH

$10.27
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.40%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2009-12-31

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Government Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.61%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Pioneer Government Income
  • Fund Family Name Pioneer Investments
  • Inception Date Mar 13, 2000
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Richard A. Schlanger

Fund Description

The fund normally invests at least 80% of net assets in U.S. government securities, and repurchase agreements and "when-issued" commitments with respect to these securities. It also may invest in derivative instruments that provide exposure to U.S. government securities or have similar economic characteristics. The fund may invest in securities with a broad range of maturities, and maintains an average portfolio maturity which varies based upon the judgment of the fund's investment adviser.

ABGIX - Performance

Return Ranking - Trailing

Period ABGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -13.3% 6.9% 6.27% 1
1 Yr 1.5% -13.6% 56.6% 5.22% 1
3 Yr N/A * -19.0% 4.0% N/A N/A
5 Yr N/A * -10.0% 5.5% N/A N/A
10 Yr N/A * -6.1% 6.5% N/A N/A

* Annualized


Return Ranking - Calendar

Period ABGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -6.8% 10.5% 13.60% 2
2016 0.0% -9.3% 4.2% 4.93% 1
2015 0.0% -46.1% 19.7% 6.39% 1
2014 0.0% -16.6% 41.3% 48.73% 4
2013 0.0% -26.8% 3.3% 4.11% 1

Total Return Ranking - Trailing

Period ABGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 6.9% 6.05% 1
1 Yr 1.5% -13.6% 14.8% 3.25% 1
3 Yr N/A * -4.3% 4.0% N/A N/A
5 Yr N/A * -2.6% 5.5% N/A N/A
10 Yr N/A * -1.7% 13.4% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period ABGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -6.8% 10.5% 15.82% 2
2016 0.0% -7.9% 5.6% 23.42% 2
2015 0.0% -7.8% 19.7% 22.16% 2
2014 0.0% -15.9% 51.5% 55.14% 4
2013 0.0% -26.7% 7.1% 9.44% 1

NAV & Total Return History

ABGIX - Holdings

Filings data as of: Sep 30, 2014

Concentration Analysis

ABGIX Category Low Category High ABGIX % Rank Quintile
Net Assets 114 M 1.19 M 21.4 B 31.60% 4
Number of Holdings 320 7 15981 13.83% 3
Net Assets in Top 10 38.4 M -179 M 9.39 B 30.86% 4
Weighting of Top 10 33.8% 0.0% 240.7% 24.69% 3

Top 10 Holdings

  1. FNMA 4.5% 4.75%
  2. US Treasury Note 1.875% 4.69%
  3. Private Expt Fdg 4.3% 3.39%
  4. FNMA 4% 3.28%
  5. AID 5.5% 3.27%
  6. US Treasury Note 2.625% 3.21%
  7. FNMA CMO 4.92% 3.03%
  8. Private Expt Fdg 4.375% 2.92%
  9. US Treasury Bond 4.25% 2.67%
  10. US Treasury Note 0.625% 2.62%

Asset Allocation

Weighting Category Low Category High ABGIX % Rank Quintile
Bonds
93.90% 0.00% 151.70% 27.65% 4
Cash
6.31% -51.58% 100.00% 10.12% 2
Stocks
0.00% -1.79% 15.23% 0.99% 5
Preferred Stocks
0.00% 0.00% 4.86% 1.23% 5
Convertible Bonds
0.00% 0.00% 5.74% 1.48% 5
Other
-0.21% -48.00% 16.74% 10.12% 5

Bond Sector Breakdown

Weighting Category Low Category High ABGIX % Rank Quintile
Securitized
53.72% 0.00% 156.52% 19.75% 3
Government
39.44% -64.03% 100.00% 19.26% 3
Cash & Equivalents
6.31% -51.58% 100.00% 10.37% 2
Corporate
0.47% 0.00% 76.92% 12.10% 2
Derivative
0.00% -33.10% 4.39% 1.73% 5
Municipal
0.00% 0.00% 19.07% 6.42% 5

Bond Geographic Breakdown

Weighting Category Low Category High ABGIX % Rank Quintile
US
93.90% -1.93% 151.05% 24.44% 4
Non US
0.00% 0.00% 99.47% 15.56% 5

ABGIX - Expenses

Operational Fees

ABGIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.40% 0.00% 8.57% 3.22% 5
Management Fee 0.50% 0.00% 0.95% 3.21% 4
12b-1 Fee 1.00% 0.00% 1.00% 0.39% 5
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

ABGIX Fees (% of AUM) Category Low Category High ABGIX Rank Quintile
Front Load N/A 0.40% 4.75% N/A N/A
Deferred Load 4.00% 0.50% 5.50% 4.26% 4

Trading Fees

ABGIX Fees (% of AUM) Category Low Category High ABGIX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

ABGIX Fees (% of AUM) Category Low Category High ABGIX Rank Quintile
Turnover 16.00% 0.00% 1536.00% 30.27% 1

ABGIX - Distributions

Dividend Yield Analysis

ABGIX Category Low Category High ABGIX % Rank Quintile
Dividend Yield 0.1% 0.00% 3.37% 48.23% 5

Dividend Distribution Analysis

ABGIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ABGIX Category Low Category High ABGIX % Rank Quintile
Net Income Ratio 1.61% -3.48% 4.39% 23.51% 3

Capital Gain Distribution Analysis

ABGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

ABGIX - Managers

Richard A. Schlanger

Manager

Start Date

Sep 30, 2005

Tenure

9.09

Tenure Rank

7.5%

Schlanger joined Pioneer Investment Management, Inc. as a vice president and portfolio manager in March 1988. Previously, he held those same posts at Irving Trust Company for 12 years. He also spent five years as an assistant treasurer at Chase Manhattan Bank. Schlanger is a member of the Boston Bond Analysts Society and the Registry of Global Business Leaders.


Charles Melchreit

Manager

Start Date

Nov 06, 2006

Tenure

7.99

Tenure Rank

9.2%

Melchreit is Vice president, and he joined Pioneer in 2006. From 2003 to 2004 he was a Managing Director at Cigna Investment Management. Prior thereto, Melchreit was a Senior Vice President and Portfolio Manager at Aeltus Investment Management.


Tenure Analysis

Category Low

0.0

Category High

32.9

Category Average

7.01

Category Mode

0.5