PIONX Performance — Core Fixed Income Fund, Class R-2
Data updated: 2026-09-25
PIONX returned +1.85% over one year to Apr 2021. Over one year the fund trailed its Intermediate Corporate Bond category average: $100 grew to $102, against $108 for the category. Volatility over the past 12 months was 3.58% a year. In the 12 months to Jul 2026 the fund lost a net $366.8M, and assets reached $9.90B.
PIONX Growth of $100
What $100 invested in Core Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | PIONX | Category average |
|---|---|---|
| 1 year (May 2020 – Apr 2021) | $102 | $108 |
| Since data start (Aug 2019 – Apr 2021) | $107 | $110 |
PIONX Trailing Returns
Total returns to Apr 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.85% |
PIONX Annual Returns
Calendar-year total returns of Core Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Apr) | −2.49% |
| 2020 | +7.47% |
| 2019 (Aug–Dec) | +1.92% |
PIONX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | −0.8% | −1.7% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| 2020 | +1.8% | +1.5% | −3.7% | +3.5% | +0.8% | +1.4% | +1.9% | −0.7% | −0.1% | −0.4% | +1.2% | +0.2% |
| 2019 | — | — | — | — | — | — | — | +2.4% | −0.6% | +0.3% | −0.1% | 0.0% |
PIONX Risk
Risk measures from monthly returns over May 2020 – Apr 2021.
- 1-year volatility (annualised): 3.58%
- Best month: +1.92% (Jul 2020)
- Worst month: −1.74% (Feb 2021)
PIONX Fund Flows
Monthly money in and out of Core Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$366.8M
- 12-month gross sales (incl. reinvestments): $2.0B
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $212.6M | $208.7M | $3.9M |
| Jun 2026 | $123.5M | $139.6M | −$16.1M |
| May 2026 | $106.3M | $423.3M | −$317.1M |
| Apr 2026 | $316.6M | $319.4M | −$2.8M |
| Mar 2026 | $109.1M | $216.8M | −$107.7M |
| Feb 2026 | $183.3M | $121.9M | $61.3M |
| Jan 2026 | $124.8M | $229.2M | −$104.4M |
| Dec 2025 | $176.1M | $139.5M | $36.5M |
| Nov 2025 | $87.9M | $120.0M | −$32.0M |
| Oct 2025 | $354.7M | $202.9M | $151.8M |
| Sep 2025 | $93.0M | $125.0M | −$32.0M |
| Aug 2025 | $96.7M | $105.0M | −$8.3M |
PIONX Assets Under Management
Net assets of Core Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $9.90B |
| 2026-04-30 | $10.41B |
| 2026-01-31 | $10.58B |
| 2025-10-31 | $10.70B |
| 2025-07-31 | $10.39B |
| 2025-04-30 | $10.68B |
| 2025-01-31 | $10.59B |
| 2024-10-31 | $10.81B |
| 2024-07-31 | $10.91B |
| 2024-04-30 | $10.37B |
| 2024-01-31 | $10.44B |
| 2023-10-31 | $9.64B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.