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TBHYX Pioneer High Yield B

  • Fund
  • TBHYX
  • Price as of: N/A
  • N/A
  • N/A
  • N/A
  • Category
  • High Yield Bonds

TBHYX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.72 B
  • Holdings in Top 10 9.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.18%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 46.00%

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

High Yield Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.80%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Pioneer High Yield Fund
  • Fund Family Name Pioneer Investments
  • Inception Date Feb 12, 1998
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Tracy Wright

Fund Description

Normally, the fund invests at least 80% of its total assets in below investment grade (high yield) debt securities and preferred stocks. It invests in securities with a broad range of maturities. The fund may invest up to 20% of its net assets in inverse floating rate obligations. It may invest up to 20% of its net assets in common stock issued by both U.S. and non-U.S. issuers and other equity investments, such as exchange-traded funds that invest primarily in equities, DRs, warrants, rights and equity interests in real estate investment trusts (REITs).

TBHYX - Performance

Return Ranking - Trailing

Period TBHYX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -30.0% 28.3% N/A N/A
1 Yr 2.1% -30.5% 20.2% 82.38% 5
3 Yr N/A * -12.4% 7.2% N/A N/A
5 Yr N/A * -12.6% 9.3% N/A N/A
10 Yr N/A * -12.0% 12.4% N/A N/A

* Annualized


Return Ranking - Calendar

Period TBHYX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 N/A -34.3% 1.0% N/A N/A
2014 N/A -21.7% 10.4% N/A N/A
2013 N/A -16.9% 31.6% N/A N/A
2012 N/A -18.5% 17.6% N/A N/A
2011 N/A -18.8% 6.8% N/A N/A

Total Return Ranking - Trailing

Period TBHYX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -30.0% 36.7% N/A N/A
1 Yr -1.7% -30.5% 20.2% 89.34% 5
3 Yr N/A * -12.4% 7.2% N/A N/A
5 Yr N/A * -12.6% 9.3% N/A N/A
10 Yr N/A * -12.0% 12.4% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period TBHYX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 N/A -30.4% 4.6% N/A N/A
2014 N/A -18.4% 10.4% N/A N/A
2013 N/A -16.9% 55.9% N/A N/A
2012 N/A -18.5% 33.1% N/A N/A
2011 N/A -18.8% 11.9% N/A N/A

NAV & Total Return History

TBHYX - Holdings

Filings data as of: Aug 31, 2014

Concentration Analysis

TBHYX Category Low Category High TBHYX % Rank Quintile
Net Assets 1.72 B 2.52 M 20.6 B 7.21% 2
Number of Holdings 432 1 1424 8.44% 2
Net Assets in Top 10 176 M -32.2 M 3.63 B 8.28% 2
Weighting of Top 10 9.8% 0.0% 100.0% 21.63% 3

Top 10 Holdings

  1. Alere Cv 1.47%
  2. On Semicon Cv 2.625% 1.12%
  3. Nuance Comms Cv 2.75% 1.12%
  4. Chs / Cmnty Health Sys 8% 1.02%
  5. Swift Engy 7.875% 0.89%
  6. Linn Engy 6.25% 0.88%
  7. Everest Acq Llc/Finance 9.375% 0.84%
  8. Cincinnati Bell Inc New 8.375% 0.83%
  9. Crown Cork & Seal 7.375% 0.83%
  10. General Cable Corp 0.80%

Asset Allocation

Weighting Category Low Category High TBHYX % Rank Quintile
Bonds
61.81% -9.44% 107.80% 30.52% 5
Convertible Bonds
18.92% 0.00% 18.92% 0.15% 1
Stocks
9.14% 0.00% 99.11% 1.53% 1
Preferred Stocks
4.39% 0.00% 18.78% 1.23% 1
Other
3.33% -11.89% 38.60% 5.98% 1
Cash
2.43% -11.47% 109.44% 23.62% 4

Stock Sector Breakdown

Weighting Category Low Category High TBHYX % Rank Quintile
Healthcare
2.44% 0.00% 21.24% 0.81% 1
Industrials
1.85% 0.00% 15.79% 1.43% 1
Basic Materials
1.80% 0.00% 1.80% 0.20% 1
Technology
0.74% 0.00% 25.59% 3.05% 1
Energy
0.72% 0.00% 12.30% 2.44% 1
Real Estate
0.59% 0.00% 8.20% 2.04% 1
Consumer Cyclical
0.50% 0.00% 16.04% 5.50% 1
Communication Services
0.37% -0.06% 9.11% 2.65% 1
Consumer Defense
0.11% -0.12% 5.43% 4.28% 1
Financial Services
0.00% 0.00% 16.12% 8.96% 2
Utilities
0.00% -0.07% 6.44% 5.30% 2

Stock Geographic Breakdown

Weighting Category Low Category High TBHYX % Rank Quintile
US
8.86% 0.00% 83.03% 1.53% 1
Non US
0.28% -0.01% 52.07% 4.60% 1

Bond Sector Breakdown

Weighting Category Low Category High TBHYX % Rank Quintile
Corporate
76.76% 0.00% 101.98% 27.91% 5
Government
5.76% -9.04% 51.73% 2.30% 1
Cash & Equivalents
2.43% -7.60% 100.00% 24.23% 4
Securitized
2.13% 0.00% 68.94% 5.98% 1
Municipal
0.09% 0.00% 100.00% 3.53% 1
Derivative
0.00% -19.62% 9.44% 4.14% 2

Bond Geographic Breakdown

Weighting Category Low Category High TBHYX % Rank Quintile
US
47.58% -9.44% 100.00% 30.52% 5
Non US
14.23% 0.00% 46.20% 20.71% 4

TBHYX - Expenses

Operational Fees

TBHYX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.18% 0.00% 3.69% 4.15% 5
Management Fee 0.64% 0.12% 1.00% 2.76% 4
12b-1 Fee 1.00% 0.00% 1.00% 0.22% 4
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

TBHYX Fees (% of AUM) Category Low Category High TBHYX Rank Quintile
Front Load N/A 2.00% 5.75% N/A N/A
Deferred Load 4.00% 0.75% 5.50% 2.68% 4

Trading Fees

TBHYX Fees (% of AUM) Category Low Category High TBHYX Rank Quintile
Max Redemption Fee N/A 1.00% 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.

TBHYX Fees (% of AUM) Category Low Category High TBHYX Rank Quintile
Turnover 46.00% 7.20% 2247.00% 11.83% 3

TBHYX - Distributions

Dividend Yield Analysis

TBHYX Category Low Category High TBHYX % Rank Quintile
Dividend Yield 0.3% 0.00% 6.16% 43.87% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

TBHYX Category Low Category High TBHYX % Rank Quintile
Net Income Ratio 3.80% -2.75% 9.92% 40.40% 5

Capital Gain Distribution Analysis

TBHYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

TBHYX - Managers

Tracy Wright

Manager

Start Date

Apr 02, 2007

Tenure

7.59

Tenure Rank

8.0%

Wright is a vice president, joined Pioneer in 2004 as an analyst. Prior to joining Pioneer, she was a high yield analyst at State Street Global Advisors.


Andrew Feltus

Manager

Start Date

Apr 02, 2007

Tenure

7.59

Tenure Rank

8.0%

Feltus is a vice president with Pioneer Investments. He joined Pioneer in 1994 and has been an investment professional for more than 10 years.


Tenure Analysis

Category Low

0.0

Category High

56.5

Category Average

6.41

Category Mode

4.8