Pioneer AMT-Free Municipal Fund Class Y (PBYMX)
Pioneer AMT-Free Municipal Fund Class Y operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $12.01, up 0.00% on the session, giving a market capitalisation of $592.4M. Its beta of 1.76 implies it has historically moved more than the broad market.
This fund typically allocates a minimum of 80% of its total assets (which includes any borrowed capital used for investment) to high-quality municipal debt instruments. These securities must have maturities exceeding one year and provide interest income that is exempt from ordinary federal income taxation. Furthermore, the fund generally avoids investments in bonds whose interest might be classified as a tax preference item for the federal Alternative Minimum Tax (AMT).
Pioneer AMT-Free Municipal Fund Class Y is most often compared with the following Financial Services names: