PACE Mort-Backed Secs Fxd Inc Invests P (PCGTX)
| Fund Assets | 171.30M |
| Expense Ratio | 0.72% |
| Min. Investment | $10,000 |
| Turnover | 977.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.79% |
| Dividend Growth | -4.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 21, 2025 |
| Previous Close | 10.50 |
| YTD Return | 5.61% |
| 1-Year Return | 1.12% |
| 5-Year Return | -2.59% |
| 52-Week Low | 9.93 |
| 52-Week High | 10.68 |
| Beta (5Y) | n/a |
| Holdings | 1072 |
| Inception Date | Aug 24, 1995 |
About PCGTX
PACE Mortgage-Backed Securities Fixed Income Investments Class P is a diversified mutual fund specializing in mortgage-related fixed income instruments. The fund’s primary objective is to provide current income by investing at least 80% of its assets in a range of mortgage-backed securities, including agency mortgage pass-throughs, collateralized mortgage obligations (CMOs), commercial mortgage-backed securities (CMBS), and related derivatives. Managed by UBS Asset Management since its inception in 1995, the fund maintains a focus on investment-grade securities linked to the U.S. housing and commercial real estate sectors. PACE Mortgage-Backed Securities Fixed Income Investments Class P uses active duration management, leveraging strategies such as interest rate swaps and futures to optimize risk and yield curve exposure. The fund pays monthly dividends and is designed to serve investors seeking stable income and credit exposure primarily tied to the U.S. government agency and agency-backed mortgage markets, while also incorporating other securitized assets. Its role in the market is to offer diversified access to the mortgage-backed securities segment within the broader intermediate core bond category, catering to income-focused investors and those looking to balance credit and interest rate risk in fixed income portfolios.
Performance
PCGTX had a total return of 1.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.94%.
Top 10 Holdings
83.65% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.6 6.11 | 23.34% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.2 6.13 | 11.71% |
| Government National Mortgage Association, TBA | G2SF.3 5.11 | 10.19% |
| Government National Mortgage Association, TBA | n/a | 7.83% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | n/a | 6.96% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.2.5 5.11 | 6.39% |
| Government National Mortgage Association, TBA | G2SF.4.5 5.11 | 6.26% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.4.5 5.11 | 4.62% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | n/a | 3.37% |
| Freddie Mac - Federal Home Loan Mortgage Corp. | n/a | 2.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 21, 2025 | $0.038 | Aug 21, 2025 |
| Jul 23, 2025 | $0.039 | Jul 23, 2025 |
| Jun 24, 2025 | $0.0428 | Jun 24, 2025 |
| May 22, 2025 | $0.037 | May 22, 2025 |
| Apr 22, 2025 | $0.0384 | Apr 22, 2025 |
| Mar 20, 2025 | $0.0403 | Mar 20, 2025 |