PAPTX – PACE Alternative Strategies P2 Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks long-term capital appreciation. The fund invests in equity securities of U.S. and non-U.S. companies of various market capitalizations. It also invests in fixed income securities, which are not subject to any credit rating or maturity limitations, issued by companies and government and supranational entities around the world. The fund may invest in emerging as well as developed markets and may invest a significant portion of its assets in the securities of companies in particular economic sectors. It may also invest in the securities of other investment companies, including exchange-traded funds ("ETFs"), and in structured securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PASPX	PACE Alternative Strategies Investments Class P	No Load	Open		—	Apr 10, 2006	$232.52M	1.620%	Above Average	$10,000	−$30.61M
PAPTX	PACE Alternative Strategies Investments Class P2	No Load	Open		—	Nov 11, 2022	$18.26M	1.450%	Average	$0	$251,604.23
PASIX	PACE Alternative Strategies Investments Class A	Front Load	Open		—	Apr 10, 2006	$2.82M	1.870%	High	$1,000	−$391,007.47

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