Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
PACE Mort-Backed Secs Fxd Inc Invests Y PFXYX
- NAV / 1-Day Return 10.01 / +0.50 %
- Total Assets 184.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 5.05%
- Effective Duration —
USD | NAV as of Apr 29, 2024 | 1-Day Return as of Apr 29, 2024, 10:15 PM GMT+0
Morningstar’s Analysis PFXYX
Will PFXYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
3 Month Sofr Fut Mar24 Xcme 20240618 | 31.94 | 90.4 Mil | Government |
Federal National Mortgage Association 6.5% | 13.15 | 37.2 Mil | Securitized |
Federal National Mortgage Association 2% | 9.84 | 27.9 Mil | Securitized |
Bwu01pyg9 Irs Usd R V 03msofr Bwu01pyg9 Ccpois Sofr +0.26161 | 9.54 | 27.0 Mil | Government |
Swu01nxr1 Irs Usd R F 3.00000 Swu01nxr1 Ccpois | 9.45 | 26.8 Mil | Government |
Federal National Mortgage Association 2% | 9.40 | 26.6 Mil | Securitized |
10 Year Treasury Note Future Mar 24 | 7.10 | 20.1 Mil | Government |
Government National Mortgage Association 3% | 6.95 | 19.7 Mil | Securitized |
Bwu01o3m3 Irs Usd R V 12msofr Swuv1o3m5 Ccpois | 6.57 | 18.6 Mil | Government |
Bwu01k5t4 Irs Usd R V 12msofr Swuv1k5t6 Ccpois | 6.15 | 17.4 Mil | Government |