Pioneer Strategic Income Fund
Pioneer Strategic Income Fund is a multi-sector bond fund that invests across a broad range of global fixed income sectors, including core US investment grade, non-investment grade, non-US country, currency and floating rate asset classes. The Fund’s benchmark is the Bloomberg Barclays US Universal Index.
The Fund adheres to three core investment tenets: value, diversification and protection against downside risk.
Value-Driven: The Fund seeks to invest in sectors that offer attractive relative value, based on fundamentals and on spread relationships to long-term averages. Value investing seeks to capitalize on the benefits of rebalancing through dynamic allocation, which can make a significant contribution to portfolio returns over time.
Broad Diversification: The Fund’s diversification level seeks to benefit from incorporating a broad range of factors and sectors, which helps it pursue attractive risk-adjusted returns. Diversification available from asset classes with lower correlation3 to core sectors can help reduce volatility and downside risk.
Protection Against Downside Risk: The Fund has been successful in limiting downside risk and avoiding permanent impairment of capital has reflected its disciplined approach to limiting issuer concentrations combined with strong fundamental credit research, avoiding at-risk sectors and avoiding market value loss in rising interest rate environments.
Integrated Investment Process
Morningstar Ratings and Rankings for all Periods Among 227 Multisectorbond funds
as of 3/31/17
|Class A||Class Y|
|3-year||36% (81/227)||23% (53/227)|
|5-year||42% (73/174)||33% (57/174)|
|10-year||29% (28/95)||19% (19/95)|