Morningstar

PACE Municipal Fixed Income Investments Class P PCMNX

Morningstar Medalist Rating
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Medalist Rating as of See UBS Investment Hub
  • NAV / 1-Day Return $11.98  /  +0.34 %
  • Fund Size $140.8M
  • Adjusted Expense Ratio 0.570%
  • Net Expense Ratio 0.570%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Muni National Interm
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $10,000
  • Investment Status Open
  • TTM Yield 3.05%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis PCMNX

Will PCMNX outperform in the 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 PCMNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PACE Municipal Fixed Income P holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PCMNX

More PCMNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TOBACCO SETTLEMENT FING CORP N J 5%

4.35 6M
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV 5%

2.32 3M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

1.87 3M
municipal

COOK CNTY ILL SALES TAX REV 5%

1.80 3M
municipal

PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.7%

1.67 2M
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5%

1.65 2M
municipal

KATY TEX INDPT SCH DIST 3%

1.62 2M
municipal

RHODE IS ST HEALTH & EDL BLG CORP ST APPROPRIATION BKD REV 4%

1.54 2M
municipal

MILWAUKEE WIS 5%

1.53 2M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%

1.49 2M
municipal

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