Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
PACE High Yield A PHIAX
- NAV / 1-Day Return 8.85 / +0.11 %
- Total Assets 186.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.060%
- Distribution Fee Level High
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.94%
- Effective Duration —
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0
Morningstar’s Analysis PHIAX
Will PHIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ssc Government Mm Gvmxx | 0.96 | 1.8 Mil | Cash and Equivalents |
Eur | 0.61 | 1.1 Mil | Cash and Equivalents |
Petroleos Mexicanos 6.5% | 0.45 | 827,812 | Corporate |
Petroleos Mexicanos 7.69% | 0.43 | 802,585 | Corporate |
TransDigm, Inc. 5.5% | 0.39 | 728,861 | Corporate |
Braskem Netherlands Finance B V 4.5% | 0.39 | 717,868 | Corporate |
Aeropuertos Dominicanos Siglo XXI SA 6.75% | 0.39 | 712,840 | Corporate |
Carnival Corporation 5.75% | 0.38 | 707,572 | Corporate |
Petroleos Mexicanos 6.875% | 0.37 | 689,938 | Corporate |
Weatherford International Ltd Bermuda 8.625% | 0.32 | 597,075 | Corporate |