ING Pioneer High Yield S  IPHSX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
High Yield Bond Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   4.07 Yrs
   Avg Credit Quality
   B
As of 2009-09-30
Day Change
$ -0.03
  
NAV (2009-11-20)
$ 9.66
  
YTD Return % (2009-11-20)
59.15%
  
Total Assets ($ mil)
98
View Data Definitions
  Performance    
Growth of $10,000 Fund: ING Pioneer High Yield S
(from 2006-01-20 to 2009-10-31) Category: High Yield Bond
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2006-01-20 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 59.15 68.14 6.39 --- --- 6.48
+/- Category 18.20 32.56 3.78 --- --- ---
+/- BarCap US Agg Bond TR USD 52.24 55.65 -0.06 --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 60.87 27.30 7.62 --- --- 7.29
Month-End (as of 2009-10-31) 57.28 49.79 6.36 --- --- 6.48
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 45.14 3.48 --- --- ---
On Distribution & Sale of Shares --- 31.57 3.66 --- --- ---
Morningstar Rating --- --- --- --- ---
# of compared funds covered (3 yrs : out of 471 funds), (5 yrs : out of funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 0.00
US Treasuries 0.00
TIPS 0.00
US Agency 0.00
Mortgage 0.60
Mortgage Pass-Thru 0.00
Mortgage CMO 0.60
Mortgage ARM 0.00
Credit 90.37
US Corporate 66.29
Asset-Backed 1.29
Convertible 22.79
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 6.23
Foreign Corp 6.23
Foreign Govt 0.00
Cash 2.80
Bond Quality % of Bonds
AAA 1.7
AA 0.0
A 0.5
BBB 1.6
BB 30.1
B 43.9
Below B 16.7
Not Rated 5.5
 
Asset Allocation
% of Net Assets
Cash 2.1
Stocks 12.1
Bonds 55.6
Other 30.2
Foreign Stocks 0.4
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 44 Turnover % 38
Total Number of Bond Holdings 118 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 20.50 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Georgia Gulf Conv Pfd --- 213 6,390 6.32
ING Institutional Prime Money Market I --- 2,113 2,113 2.09
Forest City Enterprises 7.625% 2015-06-01 2,565 2,090 2.07
Freeport-Mcmoran Copper & Gold Cv --- 18 1,867 1.85
Lear 8.75% 2016-12-01 2,600 1,729 1.71
Tesoro 6.5% 2017-06-01 1,835 1,670 1.65
Forest City Enterprises 6.5% 2017-02-01 2,425 1,564 1.55
Sonic Automotive 144A Cv 6% 2012-05-15 1,751 1,555 1.54
Wesco Intl Cv 6% 2029-09-15 1,166 1,498 1.48
Novelis 7.25% 2015-02-15 1,500 1,305 1.29
Data through 2009-09-30
  Other Information
Fund Inception: 2006-01-20
Portfolio Manager  (Start Date)
Andrew Feltus  (2007-04-30)
Feltus is a vice president with Pioneer Investments. He joined Pioneer in 1994 and has been an investment professional for more than 10 years.
Tracy Wright  (2007-04-30)
Wright is a vice president, joined Pioneer in 2004 as an analyst. Prior to joining Pioneer, she was a high yield analyst at State Street Global Advisors.
Sales Charge %
(taken from prospectus dated 2009-05-01)
Front: None
Deferred: None
Expense Ratio % 0.98
based on net assets
(taken from annual report dated 2008-12-31)
Correspondence Information
ING Partners Inc
7337 E. Doubletree Ranch Rd
Scottsdale,  AZ  85258
USA
Telephone:
800-262-3862
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

© Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.