PACE Municipal Fixed Income Investments Class A (PMUAX)
| Fund Assets | 153.08M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.41% |
| Dividend Growth | 8.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 22, 2026 |
| Previous Close | 12.84 |
| YTD Return | 1.87% |
| 1-Year Return | 5.73% |
| 5-Year Return | 3.66% |
| 52-Week Low | 11.72 |
| 52-Week High | 12.85 |
| Beta (5Y) | n/a |
| Holdings | 107 |
| Inception Date | Jan 23, 2001 |
About PMUAX
PACE Municipal Fixed Income Investments Class A is an open-end municipal bond mutual fund designed to provide high current income that is generally exempt from federal income tax. According to its stated objective, the fund invests at least 80% of net assets in municipal fixed income securities, primarily debt issued by state and local governments and related entities to finance public projects such as infrastructure, education, and utilities. Positioned in the muni national intermediate category, it typically targets portfolios with durations of roughly 4 to 6 years, balancing interest-rate sensitivity with income generation. The strategy emphasizes diversification across states and sectors to moderate credit and geographic risk while seeking tax-advantaged income streams. Its role in the market is to offer investors exposure to the broad U.S. municipal bond market with a focus on federally tax-exempt income, serving as a potential core tax-sensitive fixed income holding alongside taxable bond allocations. The fund’s mandate centers on capital preservation and incremental appreciation through disciplined municipal bond selection and intermediate-duration risk management.
Performance
PMUAX had a total return of 5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.72%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PCMNX | Class P | 0.57% |
| PMUTX | Class P2 | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 22, 2026 | $0.0261 | Jan 22, 2026 |
| Dec 19, 2025 | $0.0264 | Dec 19, 2025 |
| Nov 20, 2025 | $0.026 | Nov 20, 2025 |
| Oct 23, 2025 | $0.026 | Oct 23, 2025 |
| Sep 23, 2025 | $0.0265 | Sep 23, 2025 |
| Aug 21, 2025 | $0.0257 | Aug 21, 2025 |