BOSTON--(BUSINESS WIRE)--Pioneer Investments announced today that R.T. Jones Capital Equities Management Inc., a financial advisor for individuals participating in 401(k) retirement savings plans, has reallocated approximately $100 million held within portfolios it manages for OneAmerica defined contribution plan participants to the Pioneer Bond Fund (PICYX). R.T. Jones Capital Equities Management’s tactical and strategic management programs are branded under the product name of Artesys®.
“Given the threat of rising interest rates, the Artesys Investment Committee has been looking for intermediate-term bond funds that it believes can lower interest rate risk and lower duration,” said Stephen Davis, Chief Investment Officer of Artesys. “The Pioneer Bond Fund scored very highly on our proprietary scorecard, not only because of its strong performance history, but also because of the long tenure of its portfolio managers, the strength of its analyst team and its consistent value-oriented investment approach.”
The Pioneer Bond Fund seeks current income by investing primarily in an investment-grade portfolio consistent with capital preservation and prudent investment risk. Using a value-oriented approach rooted in fundamental, proprietary research the fund aims to provide a relatively stable level of dividend income to meet investors’ immediate and long-term needs and, potentially, diversify investors’ overall holdings.
Call 1-800-225-6292 or visit us.pioneerinvestments.com for the most recent month-end performance results. Current performance may be lower or higher than the performance data quoted. The performance data quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.
Performance results reflect any applicable expense waivers in effect during the periods shown. Without such waivers fund performance would be lower. Waivers may not be in effect for all funds. Certain fee waivers are contractual through a specified period. Otherwise, fee waivers can be rescinded at any time. See the prospectus and financial statements for more information.
Average annual total return for the Pioneer Bond Fund Y shares for the periods ending 12/31/2013:
|Net Asset Value (NAV)|
|Life of Fund (since 10/31/78)||5.66|
Expense Ratio for Pioneer Bond Fund Y Shares (Gross): 0.66%
NAV results represent the percent change in Net Asset Value per share. Class Y shares are not subject to sales charges and are available for limited groups of investors, including institutional investors. Other share classes are available for which performance and expenses will differ. All results are historical and assume reinvestment of dividends and capital gains. Past performance is no guarantee of future results.
Before investing, consider the product’s investment objectives, risks, charges and expenses. Contact your advisor or Pioneer Investments for a prospectus or summary prospectus containing this information. Read it carefully.
Neither Pioneer, nor its representatives are legal or tax advisors. In addition, Pioneer does not provide advice or recommendations. The investments you choose should correspond to your financial needs, goals, and risk tolerance. For assistance in determining your financial situation, please consult an investment professional.
Pioneer Bond Fund - A Word about Risk:
When interest rates rise, the prices of fixed-income securities in the Fund will generally fall. Conversely, when interest rates fall, the prices of fixed-income securities in the Fund will generally rise. Investments in the Fund are subject to possible loss due to the financial failure of underlying securities and their inability to meet their debt obligations. Pre-payment risk is the chance that mortgage-backed bonds will be paid off early if falling interest rates prompt homeowners to refinance their mortgages. Forced to reinvest the unanticipated proceeds at lower interest rates, the Fund would experience a decline in income and lose the opportunity for additional price appreciation associated with falling interest rates. Investments in high-yield or lower-rated securities are subject to greater-than-average risk. The securities issued by U.S. Government sponsored entities (i.e., FNMA, Freddie Mac) are neither guaranteed nor issued by the U.S. Government. The Fund may invest in mortgage-backed securities, which during times of fluctuating interest rates may increase or decrease more than other fixed-income securities. Mortgage-backed securities are also subject to pre-payments. At times, the Fund’s investments may represent industries or industry sectors that are interrelated or have common risks, making it more susceptible to any economic, political, or regulatory developments or other risks affecting those industries and sectors. These risks may increase share price volatility.
About Pioneer Investments
Pioneer Investments is the trade name for Pioneer Global Asset Management S.p.A. (PGAM) and its subsidiaries. Pioneer Investments is a global investment firm with offices in 27 countries, 2,000 employees, and approximately $236 billion in assets under management as of December 31, 2013, of which approximately $70 billion was managed in the U.S. Pioneer Investment Management, Inc. is the investment advisory subsidiary of Pioneer Investment Management USA Inc. Pioneer Investment Management USA Inc. is the North American operating subsidiary of Pioneer Global Asset Management S.p.A., a wholly-owned subsidiary of UniCredit S.p.A.
Securities offered through Pioneer Funds Distributor, Inc., 60 State Street, Boston, MA. 02109. Underwriter of Pioneer mutual funds, Member SIPC © 2014 Pioneer Investments. Member of the UniCredit Banking Group, Register of Banking Groups
Beginning in 1989, R.T. Jones Capital Equities, Inc. began offering a managed account option on qualified plans, which is now known as Artesys®. Through Artesys, qualified plan participants are given access to a money management approach based upon two noble-prize winning theories and backed by a performance track record of 10 years of returns. We provide a complete investing system with expert investment insight, and strategic and tactical based account management. Artesys offers five offensive portfolios and three defensive portfolios to meet the needs of plan participants with varying tolerances for risk. Artesys, a product of R. T. Jones Capital Equities Management, Inc., a registered investment advisor with the SEC under Investment Advisers Act of 1940. Past performance is no guarantee of future results.
OneAmerica Financial Partners, Inc., is headquartered in Indianapolis, IN. The companies of OneAmerica® can trace their solid foundations back more than 130 years in the insurance and financial services marketplace. OneAmerica’s nationwide network of companies offers a variety of products to serve the financial needs of their policyholders and other clients. These products include retirement plan products and services; individual life insurance, annuities, long-term care solutions and employee benefits. The goal of OneAmerica is to blend the strengths of each company to achieve greater collective results. The products of the OneAmerica companies are distributed through a network of employees, agents, brokers and other distribution sources that are committed to increasing value to our policyholders by helping them plan to meet their financial goals.
Not FDIC Insured
May lose value
No bank guarantee