PACE Large Co Value Equity Investments Class A (PCPAX)
| Fund Assets | 762.36M |
| Expense Ratio | 1.13% |
| Min. Investment | $1,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 1.98 |
| Dividend Yield | 8.51% |
| Dividend Growth | 99.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 22.22 |
| YTD Return | 8.18% |
| 1-Year Return | 9.54% |
| 5-Year Return | 99.67% |
| 52-Week Low | 19.04 |
| 52-Week High | 23.52 |
| Beta (5Y) | n/a |
| Holdings | 132 |
| Inception Date | Nov 27, 2000 |
About PCPAX
PACE Large Co Value Equity Investments Class A is an open-end mutual fund focused on providing capital appreciation and dividend income by investing in large-cap U.S. companies believed to be undervalued. The fund's strategy emphasizes value investing, targeting firms with strong fundamentals trading below their intrinsic worth. Its portfolio is broadly diversified across various sectors including financial services, consumer defensive, healthcare, industrials, and technology, with notable holdings such as Unilever, JPMorgan Chase, Merck, and General Dynamics. At least 80% of its net assets are typically allocated to equity securities of large-cap companies, defined by their inclusion in the market cap range of the Russell 1000 Value Index. The fund is managed by seasoned professionals with expertise in value-oriented investment processes, and it distributes income primarily from dividend-yielding stocks. PACE Large Co Value Equity Investments Class A plays a significant role for investors seeking exposure to established U.S. companies with potential for growth and income, while also offering diversification and automatic rebalancing benefits as part of the broader PACE Select Funds lineup.
Performance
PCPAX had a total return of 9.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FVLCX | Fidelity | Fidelity Advisor Value Leaders Fund - Class C | 1.90% |
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.83% |
| SWLVX | Schwab | Schwab ® U.S. Large-Cap Value Index Fund | 0.03% |
| FVLIX | Fidelity | Fidelity Advisor Value Leaders Fund - Class I | 0.90% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.72% |
Top 10 Holdings
25.01% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 4.18% |
| Elevance Health, Inc. | ELV | 3.99% |
| American International Group, Inc. | AIG | 2.31% |
| Berkshire Hathaway Inc. | BRK.B | 2.20% |
| PACCAR Inc | PCAR | 2.20% |
| Unilever PLC | UL | 2.08% |
| Citigroup Inc. | C | 2.04% |
| The Charles Schwab Corporation | SCHW | 2.04% |
| Alphabet Inc. | GOOGL | 2.02% |
| PPL Corporation | PPL | 1.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $1.9788 | Dec 16, 2024 |
| Dec 15, 2023 | $0.9902 | Dec 15, 2023 |
| Dec 16, 2022 | $3.0354 | Dec 16, 2022 |
| Dec 17, 2021 | $4.2907 | Dec 17, 2021 |
| Dec 17, 2020 | $0.2496 | Dec 17, 2020 |
| Dec 18, 2019 | $1.2451 | Dec 18, 2019 |