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Morningstar

PACE Global Real Estate Securities P PREQX

Morningstar Medalist Rating
Medalist Rating as of | See UBS Investment Hub
  • NAV / 1-Day Return 5.94  /  −0.83 %
  • Total Assets 58.5 Mil
  • Adj. Expense Ratio
    1.200%
  • Expense Ratio 1.200%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Global Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 1.55%
  • Turnover 18%

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

Morningstar’s Analysis PREQX

Will PREQX 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 PREQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PREQX 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 PREQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

PACE Global Real Estate Securities P's Average Process Pillar and People 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

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Portfolio Holdings PREQX

More PREQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Extra Space Storage Inc

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Equity Lifestyle Properties Inc

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Mitsui Fudosan Co Ltd

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Sun Communities Inc

2.74 1.7 Mil
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Federal Realty Investment Trust

2.57 1.6 Mil
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Goodman Group

2.54 1.6 Mil
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Universal Health Services Inc Class B

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Mid-America Apartment Communities Inc

2.42 1.5 Mil
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