PACE Strategic Fixed Income A (PBNAX)
| Fund Assets | 420.76M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 190.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 4.88% |
| Dividend Growth | -1.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 21, 2025 |
| Previous Close | 12.02 |
| YTD Return | 5.17% |
| 1-Year Return | 2.53% |
| 5-Year Return | 1.21% |
| 52-Week Low | 11.52 |
| 52-Week High | 12.21 |
| Beta (5Y) | n/a |
| Holdings | 1659 |
| Inception Date | Dec 11, 2000 |
About PBNAX
PACE Strategic Fixed Income Investments Class A is a mutual fund focused on the fixed income sector. Its primary objective is to deliver a total return through a combination of income and capital appreciation. The fund typically invests at least 80% of its net assets in investment grade fixed income securities, which can include corporate and government bonds, as well as other debt instruments, and it may use derivatives or invest in other funds with similar mandates. This diversified approach allows the fund to maintain broad sector exposure within the fixed income market and helps manage credit and interest rate risk. The fund benchmarks its performance against the Barclays US Government/Credit Index, emphasizing the importance of high-quality, investment-grade holdings in its strategy. With assets over $700 million and an accessible minimum investment threshold, PACE Strategic Fixed Income Investments Class A serves investors seeking stable income and moderate growth within the fixed income asset class, making it a relevant tool for portfolio diversification and income generation.
Performance
PBNAX had a total return of 2.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.48%.
Top 10 Holdings
15.33% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 2.31% |
| State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio | n/a | 2.28% |
| United States Treasury - U.S. Treasury Bonds | T.3.625 02.15.53 | 2.01% |
| United States Treasury - U.S. Treasury Bonds | T.3.25 05.15.42 | 1.70% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5.5 6.11 | 1.63% |
| United States Treasury - U.S. Treasury Bonds | T.1.375 08.15.50 | 1.30% |
| United States Treasury - U.S. Treasury Notes | T.0.5 08.31.27 | 1.30% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.4 5.11 | 1.26% |
| Swiss Re Finance Luxembourg SA | SRENVX.V5 04.02.49 144A | 0.79% |
| SBA Tower Trust | n/a | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 21, 2025 | $0.0554 | Aug 21, 2025 |
| Jul 23, 2025 | $0.0504 | Jul 23, 2025 |
| Jun 24, 2025 | $0.0461 | Jun 24, 2025 |
| May 22, 2025 | $0.0543 | May 22, 2025 |
| Apr 22, 2025 | $0.0516 | Apr 22, 2025 |
| Mar 20, 2025 | $0.0547 | Mar 20, 2025 |