PACE Municipal Fixed Income Investments Class P (PCMNX)
| Fund Assets | 152.97M |
| Expense Ratio | 0.57% |
| Min. Investment | $10,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.80% |
| Dividend Growth | 7.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 19, 2026 |
| Previous Close | 12.26 |
| YTD Return | 0.07% |
| 1-Year Return | 4.64% |
| 5-Year Return | 4.32% |
| 52-Week Low | 11.71 |
| 52-Week High | 12.57 |
| Beta (5Y) | 0.23 |
| Holdings | 107 |
| Inception Date | Aug 24, 1995 |
About PCMNX
PACE Municipal Fixed Income Investments Class P is an open-end mutual fund focused on generating high current income that is generally exempt from regular federal income tax. The fund invests at least 80% of assets in municipal fixed income securities, emphasizing investment‑grade bonds with intermediate interest‑rate exposure, consistent with its Muni National Intermediate category mandate. It diversifies across states and sectors to manage credit and geographic risk, and limits exposure to bonds subject to the federal alternative minimum tax so that no more than 25% of its interest income is AMT‑affected. Managed under the UBS Asset Management fund family, the strategy holds a broad portfolio—over one hundred positions—to balance income and quality considerations. The fund distributes income on a monthly basis and has a long operating history since 1995, reflecting an established presence in the municipal bond market for investors seeking federally tax‑exempt income and capital preservation. Core characteristics such as a moderate expense ratio and measured turnover align with its role as a diversified, tax‑advantaged bond allocation within a broader fixed income framework.
Performance
PCMNX had a total return of 4.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PMUAX | Class A | 0.82% |
| PMUTX | Class P2 | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2026 | $0.0323 | Mar 19, 2026 |
| Feb 19, 2026 | $0.0275 | Feb 19, 2026 |
| Jan 22, 2026 | $0.0288 | Jan 22, 2026 |
| Dec 19, 2025 | $0.029 | Dec 19, 2025 |
| Nov 20, 2025 | $0.0293 | Nov 20, 2025 |
| Oct 23, 2025 | $0.0286 | Oct 23, 2025 |