Pace High Yield Fund Quote
| PHYPX Fund | USD 8.77 0.01 0.11% |
Performance14 of 100
| Odds Of DistressLess than 17
|
Pace High is trading at 8.77 as of the 30th of November 2024; that is 0.11% increase since the beginning of the trading day. The fund's open price was 8.76. Pace High has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Pace High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in high yield fixed income securities that are rated below investment grade or considered to be of comparable quality. The fund may invest up to 10 percent of its total assets in U.S. More on Pace High Yield
Moving together with Pace Mutual Fund
| 0.75 | PEVAX | Pace Smallmedium Value | PairCorr |
| 0.83 | PWTAX | Ubs Allocation | PairCorr |
| 0.83 | PWTYX | Ubs Allocation | PairCorr |
Moving against Pace Mutual Fund
Pace Mutual Fund Highlights
| Fund Concentration | UBS Asset Management Funds, Large Funds, High Yield Bond Funds, High Yield Bond, UBS Asset Management, Large, High Yield Bond (View all Sectors) |
| Update Date | 30th of September 2024 |
Pace High Yield [PHYPX] is traded in USA and was established 30th of November 2024. Pace High is listed under UBS Asset Management category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of UBS Asset Management family. This fund at this time has accumulated 348.52 M in assets with no minimum investment requirementsPace High Yield is currently producing year-to-date (YTD) return of 8.34% with the current yeild of 0.06%, while the total return for the last 3 years was 2.94%.
Check Pace High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pace Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pace Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pace High Yield Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Pace High Yield Risk Profiles
| Mean Deviation | 0.1002 | |||
| Standard Deviation | 0.1319 | |||
| Variance | 0.0174 | |||
| Downside Variance | 0.037 |
Pace High Against Markets
Other Information on Investing in Pace Mutual Fund
Pace High financial ratios help investors to determine whether Pace Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pace with respect to the benefits of owning Pace High security.
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