Skip to Content
Morningstar

PACE Global Fixed Income Investments A PWFAX

Morningstar Medalist Rating
Medalist Rating as of | See UBS Investment Hub
  • NAV / 1-Day Return 7.96  /  +0.25 %
  • Total Assets 182.3 Mil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.030%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.36%
  • Effective Duration —

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PWFAX

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

  • People Pillar

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

PACE Global Fixed Income Investments 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 PWFAX

More PWFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −13.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Short Euro-Btp Fu Jun24 Xeur 20240606

5.52 8.4 Mil
Government

Euro Future June 24

4.42 6.7 Mil
Derivative

China (People's Republic Of) 2.8%

3.66 5.6 Mil
Government

European Union 3%

3.51 5.3 Mil
Government

10 Year Australian Treasury Bond Future June 24

3.49 5.3 Mil
Government

Long Gilt Future June 24

3.29 5.0 Mil
Government

Us Long Bond(Cbt) Jun24 Xcbt 20240618

3.13 4.8 Mil
Government

Spain (Kingdom of) 3.55%

2.99 4.6 Mil
Government

The Republic of Korea 3%

2.82 4.3 Mil
Government

Mexico (United Mexican States) 7.75%

2.61 4.0 Mil
Government