PACE High Yield A (PHIAX)
| Fund Assets | 158.25M |
| Expense Ratio | 1.06% |
| Min. Investment | $1,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 5.68% |
| Dividend Growth | -2.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.82 |
| YTD Return | 2.15% |
| 1-Year Return | 6.05% |
| 5-Year Return | 16.99% |
| 52-Week Low | 8.66 |
| 52-Week High | 9.18 |
| Beta (5Y) | 0.47 |
| Holdings | 1411 |
| 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 6.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.97%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PHYPX | Class P | 0.88% |
| PHDTX | Class P2 | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2026 | $0.0388 | Jun 23, 2026 |
| May 21, 2026 | $0.042 | May 21, 2026 |
| Apr 22, 2026 | $0.0441 | Apr 22, 2026 |
| Mar 19, 2026 | $0.048 | Mar 19, 2026 |
| Feb 19, 2026 | $0.0394 | Feb 19, 2026 |
| Jan 22, 2026 | $0.0057 | Jan 22, 2026 |