Skip to Content
Morningstar

PACE High Yield A PHIAX

Morningstar Medalist Rating
Medalist Rating as of | See UBS Investment Hub
  • NAV / 1-Day Return 8.50  /  0.00
  • Total Assets 187.1 Mil
  • Adj. Expense Ratio
    1.060%
  • Expense Ratio 1.060%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.94%
  • Effective Duration —

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0

Morningstar’s Analysis PHIAX

Will PHIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

PACE High Yield A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PHIAX

More PHIAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ssc Government Mm Gvmxx

1.01 1.9 Mil
Cash and Equivalents

Eur

0.55 1.1 Mil
Cash and Equivalents

Carnival Corporation 5.75%

0.44 837,422
Corporate

Petroleos Mexicanos 6.5%

0.44 832,112
Corporate

Petroleos Mexicanos 7.69%

0.42 800,975
Corporate

TransDigm, Inc. 5.5%

0.38 729,681
Corporate

Petroleos Mexicanos 6.875%

0.36 691,201
Corporate

Unicredit Spa 2%

0.33 636,749
Corporate

IHO Verwaltungs GmbH 8.75%

0.31 583,605
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.30 578,988
Corporate