Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Pioneer High Income Municipal A PIMAX
- NAV / 1-Day Return 6.32 / +0.01 %
- Total Assets 1.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.820%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.59%
- Effective Duration 6.28 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:43 AM GMT+0
Morningstar’s Analysis PIMAX
Will PIMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 22.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 3.39 | 37.0 Mil | municipal |
GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 4.214% | 3.26 | 35.7 Mil | municipal |
HAMMOND IND ECONOMIC DEV REV 7.5% | 2.28 | 24.9 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.5% | 2.14 | 23.4 Mil | municipal |
TOBACCO SETTLEMENT FING CORP VA 5% | 2.08 | 22.7 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5% | 1.96 | 21.4 Mil | municipal |
NASSAU CNTY N Y TOBACCO SETTLEMENT CORP 5% | 1.88 | 20.6 Mil | municipal |
Us Dollar | 1.82 | 19.9 Mil | Cash and Equivalents |
NEW YORK CNTYS TOB TR IV 5% | 1.79 | 19.5 Mil | municipal |
GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5% | 1.64 | 17.9 Mil | municipal |