PMYRX: Pioneer Flexible Opportunities Fund - MutualFunds.com

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Pioneer Flexible Opportunities Y

PMYRX - Snapshot

Vitals

  • YTD Return -6.2%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return 5.1%
  • Net Assets $355 M
  • Holdings in Top 10 16.9%

52 WEEK LOW AND HIGH

$11.75
$8.90
$12.88

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 168.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification


Compare PMYRX to Popular Tactical Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.36

-0.70%

$14.85 B

3.46%

$0.40

-4.38%

0.22%

$11.07

-0.81%

$3.62 B

2.62%

$0.29

2.59%

0.76%

$7.62

-0.52%

$2.88 B

3.13%

$0.24

-7.97%

1.53%

$9.62

-0.31%

$2.61 B

1.33%

$0.13

-0.41%

1.30%

$17.90

-0.94%

$1.43 B

1.63%

$0.29

20.30%

0.33%

PMYRX - Profile

Distributions

  • YTD Total Return -6.2%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Pioneer Flexible Opportunities Fund
  • Fund Family Name
    Pioneer Investments
  • Inception Date
    May 03, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kenneth Taubes

Fund Description

The fund selects investments from a broad spectrum of asset classes, including both traditional investments, such as equity and fixed income securities, and less traditional or alternative investments, such as commodity-oriented investments, real estate related investments, and currencies. It may invest up to 100% of its assets in non-U.S. securities, including securities of emerging market issuers.


PMYRX - Performance

Return Ranking - Trailing

Period PMYRX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.2% -24.9% 56.4% 77.29%
1 Yr -0.2% -17.5% 82.4% 68.53%
3 Yr 1.0%* -7.7% 23.3% 76.99%
5 Yr 5.1%* -3.9% 14.0% 57.56%
10 Yr 5.7%* -2.5% 9.5% 35.65%

* Annualized

Return Ranking - Calendar

Period PMYRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.2% -11.4% 26.7% 22.27%
2018 -20.2% -28.0% 1.6% 93.53%
2017 13.3% -11.6% 27.5% 20.55%
2016 2.7% -14.9% 16.0% 58.13%
2015 -5.6% -87.3% 1.7% 47.67%

Total Return Ranking - Trailing

Period PMYRX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.2% -24.9% 56.4% 77.29%
1 Yr -0.2% -20.0% 82.4% 62.95%
3 Yr 1.0%* -8.5% 23.3% 72.38%
5 Yr 5.1%* -3.9% 14.0% 53.66%
10 Yr 5.7%* -2.5% 9.5% 34.78%

* Annualized

Total Return Ranking - Calendar

Period PMYRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.2% -11.4% 26.7% 22.27%
2018 -20.2% -28.0% 1.6% 96.12%
2017 13.3% -5.4% 27.6% 47.03%
2016 2.7% -14.9% 19.7% 80.30%
2015 -5.6% -87.3% 2.5% 62.21%

NAV & Total Return History


PMYRX - Holdings

Concentration Analysis

PMYRX Category Low Category High PMYRX % Rank
Net Assets 355 M 996 K 14.8 B 29.08%
Number of Holdings 199 4 1836 24.40%
Net Assets in Top 10 62.9 M 349 K 8.8 B 50.80%
Weighting of Top 10 16.89% 16.5% 100.0% 98.93%

Top 10 Holdings

  1. ETFMG Prime Cyber Security ETF 4.42%
  2. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  3. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  4. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  5. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  6. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  7. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  8. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  9. Flexible Opportunities Commodity Fd-Cf-D 1.68%
  10. Flexible Opportunities Commodity Fd-Cf-D 1.68%

Asset Allocation

Weighting Return Low Return High PMYRX % Rank
Stocks
89.75% 0.00% 128.91% 18.00%
Bonds
5.41% -83.67% 266.49% 69.20%
Cash
3.47% -235.51% 81.66% 58.80%
Preferred Stocks
1.33% 0.00% 17.05% 6.80%
Other
0.04% -1.60% 83.31% 59.60%
Convertible Bonds
0.00% 0.00% 5.91% 68.40%

Stock Sector Breakdown

Weighting Return Low Return High PMYRX % Rank
Real Estate
19.25% 0.00% 74.74% 7.14%
Healthcare
15.43% 0.00% 36.53% 27.31%
Consumer Cyclical
13.92% 0.00% 38.61% 14.29%
Financial Services
12.24% 0.00% 96.63% 49.58%
Technology
11.50% 0.00% 95.62% 90.34%
Industrials
11.33% 0.00% 22.11% 21.85%
Utilities
5.29% 0.00% 95.94% 15.97%
Consumer Defense
5.06% 0.00% 31.10% 78.15%
Communication Services
3.08% 0.00% 20.13% 84.87%
Basic Materials
2.74% 0.00% 68.84% 67.23%
Energy
0.16% 0.00% 10.11% 87.82%

Stock Geographic Breakdown

Weighting Return Low Return High PMYRX % Rank
Non US
50.13% 0.00% 68.32% 6.80%
US
39.62% -3.83% 127.45% 46.00%

Bond Sector Breakdown

Weighting Return Low Return High PMYRX % Rank
Corporate
63.70% 0.00% 100.00% 7.60%
Cash & Equivalents
36.25% 0.00% 100.00% 45.60%
Securitized
0.04% 0.00% 69.35% 49.20%
Derivative
0.00% 0.00% 61.13% 60.00%
Municipal
0.00% 0.00% 14.00% 59.60%
Government
0.00% 0.00% 99.65% 85.60%

Bond Geographic Breakdown

Weighting Return Low Return High PMYRX % Rank
Non US
2.71% 0.00% 125.04% 57.20%
US
2.70% -127.00% 151.30% 71.20%

PMYRX - Expenses

Operational Fees

PMYRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.22% 4.67% 84.86%
Management Fee 0.70% 0.10% 1.50% 38.55%
12b-1 Fee 0.00% 0.00% 1.00% 9.03%
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

PMYRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PMYRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

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.

PMYRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 168.00% 0.00% 474.00% 66.35%

PMYRX - Distributions

Dividend Yield Analysis

PMYRX Category Low Category High PMYRX % Rank
Dividend Yield 0.00% 0.00% 10.14% 39.04%

Dividend Distribution Analysis

PMYRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

PMYRX Category Low Category High PMYRX % Rank
Net Income Ratio 1.45% -1.71% 6.58% 31.47%

Capital Gain Distribution Analysis

PMYRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

PMYRX - Fund Manager Analysis

Managers

Kenneth Taubes


Start Date

Tenure

Tenure Rank

May 03, 2010

10.42

10.4%

Mr. Taubes, Executive Vice President and Chief Investment Officer, U.S. of Pioneer, is responsible for overseeing the U.S. and global fixed income teams. He joined Pioneer as a senior vice president in September 1998 and has been an investment professional since 1982. Mr. Taubes has served as portfolio manager of the fund since 1999. Prior to joining Pioneer, he was a senior portfolio manager at Putnam Investments and the Treasurer of Home Owners Savings Bank. Ken is a member of Bond Analysts Society of Boston.

Michele Garau


Start Date

Tenure

Tenure Rank

May 03, 2010

10.42

10.4%

Mr. Garau, Senior Vice President and Portfolio Manager of Amundi Pioneer, has been based in Boston since August 2010. He was previously the Head of Balanced Portfolios at Pioneer Investment Management Limited, one of Amundi Pioneer's affiliates, and based in Dublin. He joined Amundi Pioneer in January 2003 and has been an investment professional since 1984.

Howard Weiss


Start Date

Tenure

Tenure Rank

Apr 27, 2012

8.43

8.4%

Mr. Weiss, Vice President and Portfolio Manager of Amundi Pioneer joined Amundi Pioneer in 2007 and served as an associate portfolio manager and large cap core equity analyst. From October 2010 until August 2011, Mr. Weiss was an analyst at Surveyor Capital Group, a wholly owned subsidiary of Citadel Investment Group, LLC. In September 2011, he rejoined Amundi Pioneer as associate portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 32.16 5.55 8.02