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PCSIX PACE Strategic Fixed Income P

  • Fund
  • PCSIX
  • Price as of: Apr 24, 2019
  • $13.56 + $0.03 + 0.22%
  • Category
  • Total Bond Market

PCSIX - Profile

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return -0.6%
  • 5 Yr Annualized Return -0.4%
  • Net Assets $740 M
  • Holdings in Top 10 91.5%

52 WEEK LOW AND HIGH

$13.56
$13.08
$13.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.81%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 537.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PACE Strategic Fixed Income Investments
  • Fund Family Name UBS Asset Management
  • Inception Date Aug 24, 1995
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States

Fund Description

The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in investment grade fixed income securities. It also invests, to a limited extent, in bonds that are below investment grade. The fund invests in bonds of varying maturities, but normally limits its portfolio duration to within +/- 50% of the effective duration of the fund's benchmark index, Bloomberg Barclays US Government/Credit Index.

PCSIX - Performance

Return Ranking - Trailing

Period PCSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -0.3% 12.0% 22.60%
1 Yr 2.1% -12.9% 4.0% 28.05%
3 Yr -0.6%* -4.6% 43.3% 76.53%
5 Yr -0.4%* -7.2% 23.2% 49.75%
10 Yr 1.1%* -7.4% 15.9% 36.52%

* Annualized


Return Ranking - Calendar

Period PCSIX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.4% -22.2% 3.1% 75.44%
2017 2.7% -5.1% 25.1% 13.14%
2016 -0.7% -8.5% 192.8% 88.87%
2015 -3.6% -33.0% 3.0% 69.35%
2014 2.9% -29.8% 32.1% 19.33%

Total Return Ranking - Trailing

Period PCSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -0.3% 12.0% 21.07%
1 Yr 4.7% -12.9% 7.8% 4.63%
3 Yr 2.9%* -4.6% 48.9% 8.17%
5 Yr 2.9%* -7.2% 28.4% 3.29%
10 Yr 5.7%* -7.4% 18.9% 3.34%

* Annualized


Total Return Ranking - Calendar

Period PCSIX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.2% -22.2% 7.9% 29.53%
2017 5.5% -4.6% 25.1% 6.30%
2016 4.3% -4.1% 204.3% 14.09%
2015 -0.2% -32.4% 4.2% 15.26%
2014 5.9% -29.8% 32.1% 6.89%

NAV & Total Return History

PCSIX - Holdings

Concentration Analysis

PCSIX Category Low Category High PCSIX % Rank
Net Assets 740 M 330 K 216 B 58.68%
Number of Holdings 637 3 17324 41.62%
Net Assets in Top 10 203 M -898 M 29.3 B 53.02%
Weighting of Top 10 91.53% 3.4% 1616.9% 9.08%

Top 10 Holdings

  1. 3 Month Euro Euribor June19 16.58%

  2. 3 Month Euro Euribor June19 16.58%

  3. 3 Month Euro Euribor June19 16.58%

  4. 3 Month Euro Euribor June19 16.58%

  5. 3 Month Euro Euribor June19 16.58%

  6. 3 Month Euro Euribor June19 16.58%

  7. 3 Month Euro Euribor June19 16.58%

  8. 3 Month Euro Euribor June19 16.58%

  9. Us 10yr Note (Cbt)dec18 Xcbt 20181219 14.94%

  10. Us 10yr Note (Cbt)mar19 Xcbt 20190320 11.92%


Asset Allocation

Weighting Return Low Return High PCSIX % Rank
Bonds
96.49% -367.37% 611.62% 41.35%
Cash
1.84% -517.20% 476.88% 64.94%
Other
1.37% -147.36% 19.81% 11.73%
Convertible Bonds
0.30% 0.00% 28.21% 52.35%
Stocks
0.00% -0.99% 97.03% 85.69%
Preferred Stocks
0.00% -0.17% 22.15% 89.99%

Bond Sector Breakdown

Weighting Return Low Return High PCSIX % Rank
Securitized
37.43% 0.00% 107.24% 39.50%
Corporate
35.25% 0.00% 118.10% 48.97%
Government
22.95% -218.14% 459.02% 41.02%
Cash & Equivalents
1.99% -790.54% 478.04% 62.62%
Municipal
0.78% 0.00% 102.07% 27.57%
Derivative
0.21% -196.76% 272.90% 12.66%

Bond Geographic Breakdown

Weighting Return Low Return High PCSIX % Rank
US
69.31% -346.74% 445.61% 78.99%
Non US
27.18% -108.37% 166.01% 11.80%

PCSIX - Expenses

Operational Fees

PCSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.00% 38.42% 54.94%
Management Fee 0.50% 0.00% 2.15% 77.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 0.63% 57.69%

Sales Fees

PCSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

PCSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.50% 2.00% 85.53%

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PCSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 537.00% 0.00% 2337.00% 94.57%

PCSIX - Distributions

Dividend Yield Analysis

PCSIX Category Low Category High PCSIX % Rank
Dividend Yield 0.03% 0.00% 0.64% 35.50%

Dividend Distribution Analysis

PCSIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

PCSIX Category Low Category High PCSIX % Rank
Net Income Ratio 2.23% -1.04% 7.22% 56.86%

Capital Gain Distribution Analysis

PCSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

PCSIX - Managers

Tenure Analysis

Category Low

0.0

Category High

30.26

Category Average

6.97

Category Mode

6.87