PACE High Yield A (PHIAX)
| Fund Assets | 171.58M |
| Expense Ratio | 1.06% |
| Min. Investment | $1,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 5.81% |
| Dividend Growth | 1.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 23, 2025 |
| Previous Close | 8.90 |
| YTD Return | 4.21% |
| 1-Year Return | 4.66% |
| 5-Year Return | 23.04% |
| 52-Week Low | 8.46 |
| 52-Week High | 9.18 |
| Beta (5Y) | n/a |
| Holdings | 1425 |
| Inception Date | May 1, 2006 |
About PHIAX
PACE High Yield Investments Class A is a mutual fund focused on delivering total return through investment in high yield fixed income securities. Operating as part of the PACE Select Advisors Trust, its primary strategy is to allocate at least 80% of net assets to bonds rated below investment grade—commonly referred to as 'junk bonds'—which offer higher yields but come with greater credit risk compared to investment-grade debt. The fund is managed by a team of advisors and maintains a diversified portfolio, holding over a thousand individual securities across various sectors, with a relatively low concentration in its top holdings, resulting in greater diversification within the high yield bond asset class. This fund's principal aim is to offer investors access to the higher income potential of speculative-grade bonds, addressing the needs of those seeking elevated yield within the broader spectrum of fixed income investments. PACE High Yield Investments Class A is positioned within the high yield bond mutual fund category and typically attracts investors with a moderate to high risk tolerance due to its exposure to credit and economic risks. The fund supports diversification and portfolio construction strategies in the market by serving as a core or satellite fixed income allocation within multi-asset portfolios.
Performance
PHIAX had a total return of 4.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.89%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGHNX | Fidelity | Fidelity Global High Income Fd | 0.80% |
Top 10 Holdings
4.74% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 0.93% |
| State Street Bank & Trust Co. - Purchased USD / Sold EUR | n/a | 0.64% |
| Petroleos Mexicanos | PEMEX.6.5 06.02.41 | 0.58% |
| Samarco Mineracao SA | SAMMIN.9.5 06.30.31 REGS | 0.42% |
| Petroleos Mexicanos | PEMEX.5.35 02.12.28 | 0.40% |
| First Quantum Minerals Ltd. | FMCN.8 03.01.33 144A | 0.39% |
| Petroleos Mexicanos | PEMEX.7.69 01.23.50 | 0.37% |
| CLOUD SOFTWARE GRP INC - Cloud Software Group, Inc. | TIBX.9 09.30.29 144A | 0.36% |
| Petrobras Global Finance BV | PETBRA.6.85 06.05.15 | 0.34% |
| CCO HLDGS LLC/CAP CORP - CCO Holdings LLC/CCO Holdings Capital Corp. | CHTR.4.75 02.01.32 144A | 0.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 23, 2025 | $0.0447 | Oct 23, 2025 |
| Sep 23, 2025 | $0.0448 | Sep 23, 2025 |
| Aug 21, 2025 | $0.0452 | Aug 21, 2025 |
| Jul 23, 2025 | $0.0444 | Jul 23, 2025 |
| Jun 24, 2025 | $0.0457 | Jun 24, 2025 |
| May 22, 2025 | $0.0445 | May 22, 2025 |