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PACE Alternative Strategies P (PASPX)

10.96 +0.01 (+0.09%)
At close: 8:01 PM EDT

Fund Summary

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.

PACE Alternative Strategies P

NEW YORK DE 10019
12TH FLOOR 1285 AVENUE OF THE AMERICAS

Fund Overview

Category Multistrategy
Fund Family UBS Asset Management
Net Assets 355.76M
YTD Return 4.15%
Yield 3.69%
Morningstar Rating
Inception Date Apr 10, 2006

Fund Operations

Last Dividend 0.41
Last Cap Gain -3.00
Holdings Turnover 423.00%
Average for Category --

Fees & Expenses

Expense PASPX Category Average
Annual Report Expense Ratio (net) 2.51% 1.58%
Prospectus Net Expense Ratio 2.51% --
Prospectus Gross Expense Ratio 2.83% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.36%
Max Deferred Sales Load -- 1.00%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Derek joined PCJ in 2022 and is responsible for Canadian strategy and fundamental research. Prior to joining PCJ, Derek was a Senior Equity Analyst with Cambridge Global Asset Management. Before that, he was an Equity Research Intern with Gluskin Sheff + Associates Inc. Derek earned his Bachelor of Arts in Economics from Wilfrid Laurier University and is a CFA charterholder.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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