PACE Large Co Value Equity P (PCLVX)
| Fund Assets | 772.82M |
| Expense Ratio | 0.89% |
| Min. Investment | $10,000 |
| Turnover | 55.00% |
| Dividend (ttm) | 2.03 |
| Dividend Yield | 8.48% |
| Dividend Growth | 95.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 23.63 |
| YTD Return | 18.55% |
| 1-Year Return | 12.99% |
| 5-Year Return | 86.76% |
| 52-Week Low | 18.92 |
| 52-Week High | 24.00 |
| Beta (5Y) | n/a |
| Holdings | 136 |
| Inception Date | Aug 24, 1995 |
About PCLVX
PACE Large Co Value Equity Investments Class P is an open-ended mutual fund that emphasizes investments in large-cap U.S. companies considered to be undervalued relative to their intrinsic worth. Its primary objective is to achieve capital appreciation and generate dividend income by focusing on stocks exhibiting value characteristics such as low price-to-earnings ratios and attractive dividend yields. The fund typically maintains at least 80% of its assets in equity securities issued by large U.S. corporations, with flexibility to allocate up to 20% in non-U.S. securities. Notable sectors represented in the portfolio include consumer defensive, financial services, healthcare, industrials, basic materials, and technology, reflecting a diversified approach across the large value segment of the market. Top holdings often feature prominent companies like Unilever, JPMorgan Chase, and Merck. Managed by multiple sub-advisors under the PACE Select Funds umbrella, the fund seeks to provide core exposure for investors aiming for a combination of growth and income through disciplined value investing strategies.
Performance
PCLVX had a total return of 12.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PCPAX | Class A | 1.13% |
| PLVTX | Class P2 | 0.43% |
Top 10 Holdings
23.49% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 2.83% |
| Elevance Health, Inc. | ELV | 2.77% |
| Citigroup Inc. | C | 2.40% |
| Alphabet, Inc. | GOOGL | 2.37% |
| PACCAR Inc | PCAR | 2.32% |
| American International Group, Inc. | AIG | 2.21% |
| Bank of America Corporation | BAC | 2.21% |
| The Charles Schwab Corporation | SCHW | 2.17% |
| Meta Platforms, Inc. | META | 2.11% |
| The Bank of New York Mellon Corporation | BK | 2.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $2.0343 | Dec 16, 2024 |
| Dec 15, 2023 | $1.0381 | Dec 15, 2023 |
| Dec 16, 2022 | $3.0862 | Dec 16, 2022 |
| Dec 17, 2021 | $4.3528 | Dec 17, 2021 |
| Dec 17, 2020 | $0.2977 | Dec 17, 2020 |
| Dec 18, 2019 | $1.2982 | Dec 18, 2019 |