PACE Alternative Strategies P (PASPX)
| Fund Assets | 276.80M |
| Expense Ratio | 2.51% |
| Min. Investment | $10,000 |
| Turnover | 368.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 7.77% |
| Dividend Growth | 112.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 11.12 |
| YTD Return | 6.11% |
| 1-Year Return | 6.92% |
| 5-Year Return | 28.99% |
| 52-Week Low | 10.38 |
| 52-Week High | 11.51 |
| Beta (5Y) | 0.19 |
| Holdings | 2460 |
| Inception Date | Apr 10, 2006 |
About PASPX
PACE Alternative Strategies Investments Class P is a multi-manager, multi-strategy mutual fund designed to pursue long-term capital appreciation with low to modest sensitivity to traditional market indexes. The strategy allocates across multiple alternative sleeves—such as equity long/short, event-driven, and other diversifying approaches—meeting Morningstar’s Multistrategy definition of holding substantial exposure to alternatives within a single vehicle. Subadvised by a roster of specialist managers under the PACE Select Funds umbrella from UBS Asset Management, the fund blends complementary styles to diversify sources of return and reduce reliance on broad equity benchmarks. The portfolio invests globally across U.S. and non-U.S. equities and may incorporate fixed income and cash instruments to balance risk and liquidity. Its mandate and construction aim to provide a core alternative allocation for investors seeking differentiated return drivers within a registered fund format. The fund’s materials highlight long-term capital appreciation as the objective, with dynamically managed exposures and a broad opportunity set to navigate varying market regimes.
Performance
PASPX had a total return of 6.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.72%.
Top 10 Holdings
51.23% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 38.74% |
| Carillon Reams Unconstrained Bond Fund | SUBFX | 5.83% |
| AQR Style Premia Alternative I | QSPIX | 1.74% |
| Chartwell Retirement Residences | CSH.UN | 0.81% |
| European Residential Real Estate Investment Trust | ERE.UN | 0.79% |
| iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF | COMT | 0.79% |
| Virtus AlphaSimplex Mgd Futs Strat I | ASFYX | 0.70% |
| Alibaba Group Holding Ltd. | n/a | 0.66% |
| United States Treasury - U.S. Treasury Bills | B.0 06.12.25 | 0.61% |
| Zoom Communications Inc. | ZM | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.8631 | Dec 16, 2024 |
| Dec 15, 2023 | $0.4069 | Dec 15, 2023 |
| Dec 16, 2022 | $0.2529 | Dec 16, 2022 |
| Dec 17, 2021 | $0.6905 | Dec 17, 2021 |
| Dec 17, 2020 | $0.5662 | Dec 17, 2020 |
| Dec 18, 2019 | $0.0199 | Dec 18, 2019 |