Pioneer Investments Friday announced the launch of two new funds, the Pioneer Absolute Return Credit Fund and the Pioneer Multi-Asset Floating Rate Fund.

“Investors are looking for new, innovative ways to diversify their fixed income portfolios that allow them to address the growing risks in fixed income markets associated with volatility and the inevitability of rising interest rates,” said Kenneth J. Taubes, U.S. chief investment officer of Pioneer. “Both of our new funds offer solutions for these concerns through flexible investment strategies.”

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