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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 6.05  /  0.33 %
  • Total Assets 62.0 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 1.13%
  • Turnover 18%

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:18 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 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

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Portfolio Holdings PREQX

More PREQX Holdings
  • Current Portfolio Date
  • Equity Holdings 55
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prologis Inc

9.31
6,315,968
Real Estate

Equinix Inc

5.93
4,020,443
Real Estate

Simon Property Group Inc

3.71
2,515,799
Real Estate

Goodman Group

3.29
2,229,825
Real Estate

Equity Lifestyle Properties Inc

3.17
2,147,572
Real Estate

Extra Space Storage Inc

3.01
2,042,049
Real Estate

Essex Property Trust Inc

2.73
1,850,249
Real Estate

AvalonBay Communities Inc

2.70
1,828,018
Real Estate

Sun Communities Inc

2.50
1,694,552
Real Estate

CapitaLand Investment Ltd

2.47
1,676,541
Real Estate