Pioneer Bond Fund Class Y
PICYX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 60 State St 5th Fl Boston MA United States of America 02109
- IPO Date
- Sep 20, 2001
- CIK
- 0000276776
- Website
- vcm.com
- Similar Companies
- Business
- Pioneer Bond Fund Class Y (PICYX) is an open-end mutual fund that seeks current income from a high-quality, investment-grade bond portfolio while emphasizing capital preservation and prudent risk management. The fund normally invests at least 80% of its net assets in debt securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, or securities rated investment grade, including corporate bonds, mortgage-backed securities (such as Federal National Mortgage Association and Federal Home Loan Mortgage Corp. issues), asset-backed securities, U.S. Treasury securities (bills, notes, and bonds), agency mortgage-backed securities, government-related bonds, commercial mortgage-backed securities, and bank loans; up to 20% may be allocated to below-investment-grade debt or unrated equivalents. Its portfolio features mid credit quality and moderate interest-rate sensitivity within the Intermediate Core-Plus Bond category, with key holdings including United States Treasury Bills (4.24876%), United States Treasury Bonds (4.375%), and Federal National Mortgage Association securities; as of recent data, U.S. bonds comprise 76.50%, non-U.S. bonds 14.74%, and cash 8.54% of assets. The fund distributes monthly dividends on the last business day of each month and capital gains in November, targeting institutional investors with a minimum initial investment of $5 million. Managed by a team at Amundi US (formerly Pioneer Investment Management), including Kenneth Taubes (since December 1998), Bradley Komenda (since February 2018), Timothy Rowe (since June 2018), and Jonathan Scott (since November 2021), the share class maintains a net expense ratio of 0.47% and total net assets exceeding $4.96 billion, with the Class Y share class at $2.62 billion. Headquartered at 60 State Street, Boston, MA 02109, the fund traces its inception to October 31, 1978 (with Class Y launched September 20, 2001) and operates primarily in the United States market. It is part of the Amundi US family following the acquisition of Pioneer Investments by Amundi Group, with availability limited to U.S. investors. Recent developments include sustained portfolio management stability with no major changes to the team in the last 1-2 years, alongside quarterly performance updates such as a -3.04% return for Class Y shares in Q4 2024 (closely tracking the benchmark), and ongoing monthly dividend payments with yields around 4.33%. The fund has shown resilience in its asset allocation strategy amid interest rate fluctuations, with total assets growing to approximately $5.17 billion as of late 2025, reflecting no significant reorganizations, name changes, or new product launches specific to PICYX but benefiting from Amundi US's broader fixed-income expertise.