Victory Pioneer Multi-Asset Ultrashort Income Fund Class A (MAFRX)

Fund Assets	4.28B
Expense Ratio	0.60%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.46
Dividend Yield	4.81%
Dividend Growth	-18.57%
Payout Frequency	Monthly
Ex-Dividend Date	Jan 30, 2026

Previous Close	9.62
YTD Return	0.38%
1-Year Return	4.60%
5-Year Return	21.62%
52-Week Low	9.20
52-Week High	9.62
Beta (5Y)	0.02
Holdings	1187
Inception Date	May 2, 2011

About MAFRX

MAFRX was founded on 2011-05-02. The Fund's investment strategy focuses on Ultra-Short Oblig with 0.58% total expense ratio. The minimum amount to invest in Pioneer Series Trust X: Pioneer Multi-Asset Ultrashort Income Fund; Class A Shares is $1,000 on a standard taxable account. Pioneer Series Trust X: Pioneer Multi-Asset Ultrashort Income Fund; Class A Shares seeks a high level of current income. Capital appreciation is a secondary objective. Normally, the Fund invests at least 80% of its net assets in floating rate instruments of U.S. and non-U.S. issuers. MAFRX may invest up to 35% of its total assets in debt securities of non-U.S. issuers.

• Category: Ultrashort Bond
• Stock Exchange: NASDAQ
• Ticker Symbol: MAFRX
• Share Class: Class A
• Index: ICE BofA USD 3 Mth Deposit Offer Rt Const Mat TR

Performance

MAFRX had a total return of 4.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MAUKX	: Class K	0.37%
MYFRX	: Class Y	0.46%
MAUCX	: Class C2	0.89%
MCFRX	: Class C	0.91%

Top 10 Holdings

13.11% of assets

Name	Symbol	Weight
Dreyfus Government Cash Management Fund	DGCXX	2.26%
Basket Collareal Us Triparty Repo	n/a	1.85%
Basket Collareal Us Triparty Repo	n/a	1.85%
Basket Collareal Us Triparty Repo	n/a	1.79%
United States Treasury Bills 3.5522%	B.0 02.12.26	1.35%
United States Treasury Bills 3.44566%	B.0 01.02.26	1.24%
Basket Collareal Us Triparty Repo	n/a	1.02%
Basket Collareal Us Triparty Repo	n/a	0.70%
Us Dollar	n/a	0.55%
Prudential Funding Corp 3.6526%	n/a	0.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Jan 30, 2026	$0.0368	Jan 30, 2026
Dec 31, 2025	$0.03779	Dec 31, 2025
Nov 28, 2025	$0.0378	Nov 28, 2025
Oct 31, 2025	$0.0378	Oct 31, 2025
Sep 30, 2025	$0.03779	Sep 30, 2025
Aug 29, 2025	$0.0393	Aug 29, 2025