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 CAT Bond Y CBYYX
- NAV / 1-Day Return 10.79 / 0.00
- Total Assets 333.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.510%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 5.0 Mil
- Status Open
- TTM Yield 9.00%
- Effective Duration —
USD | NAV as of Jul 03, 2024 | 1-Day Return as of Jul 03, 2024, 12:36 AM GMT+0
Morningstar’s Analysis CBYYX
Will CBYYX 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 25.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Mystic Re IV Limited 12% | 3.47 | 11.4 Mil | Corporate |
Us Dollar | 3.19 | 10.5 Mil | Cash and Equivalents |
Kendall Re Ltd 13.12614% | 3.03 | 10.0 Mil | Corporate |
Palm RE Ltd. 14.83099% | 3.03 | 10.0 Mil | Corporate |
Lightning Re Ltd. Series 2023-1 5.395% | 2.83 | 9.3 Mil | Corporate |
Cape Lookout Re Ltd. 13.35343% | 2.80 | 9.2 Mil | Corporate |
Oakmont Re 2023 | 2.73 | 9.0 Mil | Cash and Equivalents |
Floodsmart Re Ltd 19.37274% | 2.35 | 7.7 Mil | Corporate |
Purple RE Ltd. 7.33099% | 2.30 | 7.6 Mil | Corporate |
Matterhorn Re Ltd | 2.23 | 7.3 Mil | Corporate |