Continue to site >
Trending ETFs

Name

As of 06/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.20

$308 M

0.49%

$0.09

1.26%

Vitals

YTD Return

0.1%

1 yr return

11.8%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

8.0%

Net Assets

$308 M

Holdings in Top 10

13.3%

52 WEEK LOW AND HIGH

$18.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.26%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 50.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.20

$308 M

0.49%

$0.09

1.26%

PEVAX - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.09%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    PACE Small/Medium Co Value Equity Investments
  • Fund Family Name
    UBSASSETMT
  • Inception Date
    Nov 27, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mabel Lung

Fund Description

The section captioned "PACE®​ Small/Medium Co Value Equity Investments Fund summary" and sub-captioned "Management process" on page 47 of the Multi-Class Prospectus, on page 50 of the Class P Prospectus and on page 47 of the Class P2 Prospectus is revised by adding the following as the last bullet points under the fourth paragraph of that section:

• A flexible value strategy that utilizes fundamental, bottom-up stock selection with top-down inputs considered as part of the sector allocation process.

• A disciplined valuation-focused strategy based on deep fundamental research.

Read More

PEVAX - Performance

Return Ranking - Trailing

Period PEVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -12.6% 11.1% 43.61%
1 Yr 11.8% -5.6% 30.1% 55.94%
3 Yr -0.4%* -16.3% 65.0% 87.05%
5 Yr 8.0%* -4.1% 49.2% 62.63%
10 Yr 6.4%* -4.1% 26.1% 45.39%

* Annualized

Return Ranking - Calendar

Period PEVAX Return Category Return Low Category Return High Rank in Category (%)
2023 11.7% -6.0% 33.6% 51.26%
2022 -29.9% -36.7% 212.9% 99.07%
2021 7.0% -62.0% 147.6% 88.19%
2020 11.3% -24.8% 31.3% 7.16%
2019 24.8% -21.7% 34.0% 15.54%

Total Return Ranking - Trailing

Period PEVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -12.6% 11.1% 43.61%
1 Yr 11.8% -5.6% 30.1% 55.94%
3 Yr -0.4%* -16.3% 65.0% 87.05%
5 Yr 8.0%* -4.1% 49.2% 62.63%
10 Yr 6.4%* -4.1% 26.1% 45.39%

* Annualized

Total Return Ranking - Calendar

Period PEVAX Return Category Return Low Category Return High Rank in Category (%)
2023 12.3% 1.8% 35.4% 76.89%
2022 -13.4% -36.7% 250.0% 70.79%
2021 25.5% -3.0% 157.9% 83.37%
2020 11.9% -13.5% 33.4% 8.15%
2019 25.6% -1.5% 34.3% 24.61%

NAV & Total Return History


PEVAX - Holdings

Concentration Analysis

PEVAX Category Low Category High PEVAX % Rank
Net Assets 308 M 2.13 M 52.9 B 57.08%
Number of Holdings 243 10 1578 23.52%
Net Assets in Top 10 39.5 M 180 K 3.25 B 67.12%
Weighting of Top 10 13.30% 5.0% 92.1% 77.57%

Top 10 Holdings

  1. State Street Institutional US Government Money Market Fund 1.80%
  2. W R Berkley Corp. 1.64%
  3. Broadridge Financial Solutions, Inc. 1.35%
  4. Zurn Elkay Water Solutions Corp. 1.30%
  5. Lennox International, Inc. 1.28%
  6. RBC Bearings, Inc. 1.25%
  7. TransUnion 1.21%
  8. Landstar System, Inc. 1.16%
  9. Gentex Corp. 1.16%
  10. Graco, Inc. 1.15%

Asset Allocation

Weighting Return Low Return High PEVAX % Rank
Stocks
98.03% 2.46% 104.11% 60.05%
Cash
2.20% 0.00% 41.08% 44.29%
Preferred Stocks
0.00% 0.00% 2.10% 54.79%
Other
0.00% -3.30% 39.58% 66.67%
Convertible Bonds
0.00% 0.00% 2.63% 52.31%
Bonds
0.00% 0.00% 78.84% 53.42%

Stock Sector Breakdown

Weighting Return Low Return High PEVAX % Rank
Financial Services
25.25% 0.00% 35.71% 36.45%
Industrials
16.34% 0.65% 48.61% 55.61%
Consumer Cyclical
12.87% 0.00% 51.62% 37.62%
Energy
9.28% 0.00% 29.42% 37.85%
Real Estate
9.07% 0.00% 44.41% 35.05%
Technology
8.92% 0.00% 34.03% 50.70%
Healthcare
8.50% 0.00% 25.76% 21.50%
Consumer Defense
5.93% 0.00% 13.22% 17.99%
Utilities
2.59% 0.00% 13.86% 49.30%
Communication Services
1.26% 0.00% 24.90% 77.34%
Basic Materials
0.00% 0.00% 67.30% 99.30%

Stock Geographic Breakdown

Weighting Return Low Return High PEVAX % Rank
US
98.03% 2.46% 104.11% 46.12%
Non US
0.00% 0.00% 76.26% 65.30%

PEVAX - Expenses

Operational Fees

PEVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.05% 37.04% 44.52%
Management Fee 0.70% 0.00% 1.50% 28.38%
12b-1 Fee 0.25% 0.00% 1.00% 48.61%
Administrative Fee 0.10% 0.01% 0.35% 53.33%

Sales Fees

PEVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 59.68%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PEVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 92.25%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PEVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 50.00% 7.00% 252.00% 47.12%

PEVAX - Distributions

Dividend Yield Analysis

PEVAX Category Low Category High PEVAX % Rank
Dividend Yield 0.49% 0.00% 14.14% 80.59%

Dividend Distribution Analysis

PEVAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

PEVAX Category Low Category High PEVAX % Rank
Net Income Ratio 0.09% -1.43% 4.13% 72.20%

Capital Gain Distribution Analysis

PEVAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

PEVAX - Fund Manager Analysis

Managers

Mabel Lung


Start Date

Tenure

Tenure Rank

Dec 31, 1995

26.43

26.4%

• Mabel has been an integral member in portfolio management of Multi-Asset and Multi-Component Portfolios since 2000 when UBS Asset Management launched the UBS Multi-Asset Managed Accounts Program. • Recognizing the importance of after-tax investment results to US private clients, Mabel led her team to launch Personalized Tax Management in 2011 as a tax overlay investment service to multi-asset portfolios. • Mabel has significant experience in manager selection, overseeing $30 billion of assets for institutional and private clients globally through open architecture of best-in-class managers in liquid strategies, combined with a keen focus on risk-aware and holistic portfolio construction. • Mabel joined the firm in 1984, after her graduate study in business administration and has held various positions in finance, treasury, strategic and business planning, prior to joining the asset management division of the firm in 1995. • Prior to business school, she was a corporate finance analyst at an investment banking firm.

Fred Lee


Start Date

Tenure

Tenure Rank

Dec 31, 2009

12.42

12.4%

Fred Lee, CFA, as the Head of Portfolio Construction & Quantitative Research within the MMS team since January 2009, oversees the portfolio construction process in determining the specific allocations to individual managers. He also leads the team responsible for the quantitative assessment of managers. Mr. Lee is located in the London office of UBS AM, which he joined in 2006 as a Risk Analyst where he provided risk assessment and monitoring for all client portfolios and enhanced proprietary risk models. Prior to joining UBS AM, Mr. Lee worked as a consultant for MSCI Barra providing advice to large investment managers across Europe on the interpretation and use of risk models and analytics.

Craig Stone


Start Date

Tenure

Tenure Rank

Mar 31, 2012

10.17

10.2%

Craig Stone is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization producer-durables sector. He has approximately 29 years of equity research experience. Before joining Kayne Anderson Rudnick in 2000, Mr. Stone was a Portfolio Manager at Doheny Asset Management. He earned a B.S. in International Business from San Francisco State University and an M.B.A. from the University of Southern California.

Julie Kutasov


Start Date

Tenure

Tenure Rank

Mar 31, 2012

10.17

10.2%

Julie Kutasov is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization energy and financials sectors. Before joining Kayne Anderson Rudnick in 2001, she worked at Goldman Sachs in a program focused on investment management for high-net worth individuals and at Arthur Andersen as a Senior Associate leading teams that provided financial-audit and business-advisory services to a variety of clients in service-related industries. Ms. Kutasov holds a Certified Public Accountant license (currently inactive) in the state of California. She has approximately 16 years of equity research experience. Ms. Kutasov earned a B.A. in Business Economics from the University of California, Los Angeles, where she graduated summa cum laude, and an M.B.A. from Harvard Business School.

Samir Sikka


Start Date

Tenure

Tenure Rank

Oct 20, 2016

5.61

5.6%

Mr. Samir Sikka founded Sapience in 2016 and is the CEO and Chief Investment Officer. Prior to founding Sapience Investments in 2016, Mr. Sikka served as a Managing Director and Lead Portfolio Manager for the Pelican Value Equity team at Wells Capital Management. Mr. Sikka’s prior investment-related experience includes serving as Senior Vice President with Trust Company of the West, as Associate Director with UBS Investment Bank and as Senior Associate with Ernst & Young, LLP. Mr. Sikka has been working in the investment industry since 1997. He earned a Bachelor of Science in Business Administration from California State University, Northridge, where he graduated Magna Cum Laude, and his MBA from Harvard Business School. Mr. Sikka is a member of both Beta Gamma Sigma and Phi Kappa Phi Honor Societies.

Joseph Huber


Start Date

Tenure

Tenure Rank

Jan 24, 2017

5.35

5.4%

Joe Huber is the Chief Executive Officer and Chief Investment Officer at Huber Capital Management LLC. Prior to founding Huber Capital Management he was a Principal and Director of Research for Hotchkis and Wiley Capital Management, overseeing more than $40 billion in U.S. value asset portfolios. He built a research platform which utilized best practices of fundamental research combined with behavioral psychology to capitalize on the art piece of investing, creating a unique and value-added investment approach. Prior to joining Hotchkis and Wiley, Mr. Huber served as Portfolio Manager and Director for Merrill Lynch Asset Management and as Portfolio Manager for Goldman Sachs Asset Management in New York. Mr. Huber received his BA in statistics and econometrics from Northwestern University where he was departmental valedictorian and received the Directors Award for top graduating GPA amongst student athletes. He received his MBA from University of Chicago with concentrations in accounting and finance, where he was elected to the Beta Gamma Sigma honor society. He is an Associate in the Society of Actuaries (A.S.A.).

Gina Toth


Start Date

Tenure

Tenure Rank

Jul 01, 2019

2.92

2.9%

Gina Toth, CFA, is a Portfolio Manager within the MMS team at UBS AM, focusing on fixed income and multi-asset investment strategies, including liquid alternatives. She is part of the team responsible for manager due diligence and selection, portfolio construction, risk management, investment oversight, and performance of multi-asset strategies. Ms. Toth joined the firm in March 2013. Previously, she worked at AllianceBernstein as a Senior Portfolio Manager in New York and Sydney, specializing in multi-asset portfolios, asset allocation and custom solutions for the institutional, high-net worth and retail channels, encompassing both traditional and non-traditional asset classes. She also spent 14 years in New York and London as a fixed income portfolio manager for US and global portfolios.

Mayoor Joshi


Start Date

Tenure

Tenure Rank

Jul 31, 2019

2.84

2.8%

Mayoor Joshi is an Analyst within the MMS team, focusing on equity investment strategies. Mr. Joshi is part of the team responsible for manager selection, due diligence, portfolio construction, risk management, investment oversight, and performance of equity portfolios. Mr. Joshi joined UBS AM in April 2014. Previously, he was a Managing Director at Rocaton Investment Advisors, an institutional investment consulting firm, for seven years focusing on manager research.

Chris Andersen


Start Date

Tenure

Tenure Rank

May 31, 2021

1.0

1.0%

Christopher is Head of Portfolio Management, Americas House View Portfolios for UBS Asset Management. In his role, Christopher is responsible for leading the portfolio management activities of portfolios offered to UBS Wealth Management clients that are aligned with UBS Wealth Management House Views. In that capacity, he leads a team of portfolio managers responsible for the House View Portfolios, which implement the House View’s strategic and tactical asset allocations, with passive and active pooled vehicles and individual securities. Christopher is deputy-chair and a voting member of the Managed Account Solutions Investment Committee. The Investment Committee reviews and approves investment strategies, prior to implementation, in the House View portfolios. Prior to moving to UBS Asset Management in November 2020, Christopher was promoted to Head of Portfolio Construction Americas for UBS Global Wealth Management in 2018. Christopher led the portfolio management activities of the team of portfolio managers responsible for the UBS Managed Portfolios (renamed as House View Portfolios). Christopher chaired the Investment Management Investment Committee (IMIC) and was a member of the Investment Management Research Committee (IMRC). Prior to joining UBS in 2012, Christopher spent 15 years with New York Life Investment Management (NYLIM) overseeing the company’s Investment Consulting Group. In this role, he was responsible for the independent oversight of investment activities of the Mainstay Funds, as well as manager selection across asset allocation strategies, sub-advisory mandates and NYLIM's mutual fund M&A activities. Christopher received a B.A. in economics and German from Binghamton University.  Christopher holds the Chartered Financial Analyst® (CFA) designation and is a member of the CFA Society New York. He is FINRA Series 7, 24 and 63 licensed.

Ed Eccles


Start Date

Tenure

Tenure Rank

May 31, 2021

1.0

1.0%

Ed serves as a Portfolio Manager and Co-Head of Strategy Research, Americas House View Portfolios for UBS Asset Management. In his role, Ed is responsible for managing portfolios offered to UBS Wealth Management clients that are aligned with UBS Wealth Management House Views. As Co-Head of Strategy Research, Ed is responsible for directing due diligence efforts for active and passive equity and liquid alternative strategies that are included in portfolios. Ed is a voting member of the Managed Account Solutions Investment Committee. The Investment Committee reviews and approves investment strategies, prior to implementation, in the House View portfolios. Prior to joining Asset Management in November 2020, Ed was a Portfolio Manager in the Investment Management group of UBS Global Wealth Management., where he was responsible for strategy selection, portfolio construction and management of multi-managed strategies. Ed's investment responsibilities also extended to broader asset allocation and portfolio construction work. Ed was a member of the Investment Management Investment Committee (IMIC) and was a member of the Investment Management Research Committee (IMRC). Prior to joining UBS in 2018, Ed worked at Oppenheimer Asset Management where he held roles as a senior alternatives analyst before being promoted to Director of Investment Manager Research. While at Oppenheimer, Ed was also a portfolio manager for a Liquid Alternative managed portfolio. Prior to joining Oppenheimer, Ed worked at Morgan Stanley as an investment manager research analyst. Ed received a B.A. in economics from the University of Massachusetts, at Amherst.  Ed holds the Chartered Alternative Investment Analyst (CAIA) designation and is FINRA Series 7 and 66 licensed.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.45 8.2 3.58