PACE Global Real Estate Securities Investments Class P (PREQX)
| Fund Assets | 54.62M |
| Expense Ratio | 1.20% |
| Min. Investment | $10,000 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 1.95% |
| Dividend Growth | 24.16% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 6.39 |
| YTD Return | 3.07% |
| 1-Year Return | -0.23% |
| 5-Year Return | 24.90% |
| 52-Week Low | 5.47 |
| 52-Week High | 7.13 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Jan 22, 2007 |
About PREQX
PACE Global Real Estate Securities Investments Class P is a mutual fund focused on delivering total return through investments in the global real estate sector. The fund primarily allocates assets to real estate investment trusts (REITs) and other real estate-related securities, with a mandate to invest at least 80% of its net assets in companies within the real estate industry. Its portfolio typically includes a diverse mix of real estate operating companies, covering both equity and, to a lesser extent, debt or convertible securities. The fund’s approach aims to provide exposure to real estate markets worldwide, supplementing holdings in U.S. entities with significant allocations to international real estate companies. This diversified strategy places the fund in the global real estate category, appealing to investors seeking broad geographic exposure within the sector. PACE Global Real Estate Securities Investments Class P is actively managed by multiple investment advisors and features a mid-blend style, balancing growth and value strategies. The fund is designed as part of a broader asset allocation framework, supporting diversification and automatic rebalancing within an investor’s portfolio.
Performance
PREQX had a total return of -0.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.69%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PREAX | Class A | 1.45% |
| PRPTX | Class P2 | 1.46% |
Top 10 Holdings
44.77% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio | n/a | 8.52% |
| Prologis, Inc. | PLD | 7.46% |
| Equinix, Inc. | EQIX | 5.55% |
| Digital Realty Trust, Inc. | DLR | 3.84% |
| Goodman Group | GMG | 3.76% |
| Ventas, Inc. | VTR | 3.58% |
| Extra Space Storage Inc. | EXR | 3.20% |
| Mitsui Fudosan Co., Ltd. | 8801 | 3.06% |
| Simon Property Group, Inc. | SPG | 3.01% |
| Essex Property Trust, Inc. | ESS | 2.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.1249 | Dec 16, 2024 |
| Dec 15, 2023 | $0.1006 | Dec 15, 2023 |
| Dec 16, 2022 | $0.0685 | Dec 16, 2022 |
| Dec 17, 2021 | $0.2609 | Dec 17, 2021 |
| Dec 17, 2020 | $0.1833 | Dec 17, 2020 |
| Dec 18, 2019 | $0.3868 | Dec 18, 2019 |