#PCEMarketWatch As of May 30, 2025, the PACE International Emerging Markets Equity Investments Class P (PCEMX) fund is priced at $14.24 per share.
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📊 Fund Snapshot
Net Asset Value (NAV): $14.24 (as of May 30, 2025)
Total Net Assets: Approximately $221.85 million
Expense Ratio: 1.20%
Turnover Rate: 66%
Distribution Yield: 1.17%
Minimum Investment: $10,000
Inception Date: August 24, 1995
Benchmark: MSCI Emerging Markets Index
Category: Diversified Emerging Markets
Issuer: UBS Asset Management
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📈 Performance Overview
Year-to-Date (YTD) Return: 4.32% (as of April 30, 2025)
1-Year Return: 6.82%
3-Year Annualized Return: 6.52%
5-Year Annualized Return: 7.59%
10-Year Annualized Return: 2.76%
Category Average (1-Year): 5.96%
S&P 500 (1-Year): 10.66%
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🧠 Analyst Insights
Morningstar assigns PCEMX a Neutral Medalist Rating. While the fund's investment process is rated Above Average, the People and Parent pillars are rated Average. The fund's higher expense ratio places it in the second-costliest quintile among peers, which may impact its long-term performance. Additionally, a relatively high turnover rate of 66% could lead to increased trading costs.
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🔍 Top Holdings (as of May 8, 2025)
Company Portfolio Weight
Tencent Holdings Ltd. 5.18%
Taiwan Semiconductor Manufacturing Co. Ltd. 4.51%
Taiwan Semiconductor Manufacturing Co. Ltd. ADR 2.72%
State Street Institutional U.S. Government Money Market Fund Institutional Cl 2.54%
Samsung Electronics Co. Ltd. 1.91%
MediaTek Inc. Data Not Specified
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⚖️ Investment Considerations
Pros:
Focus on emerging markets offers diversification potential.
Managed by UBS Asset Management, a reputable firm.
Cons:
Higher expense ratio compared to category peers.
High turnover rate may lead to increased transaction costs.
Performance has lagged behind the S&P 500 over the past year.
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If you're considering investing in PCEMX or seeking alternatives in the emerging markets sector, feel free to ask for more detailed comparisons or insights tailored to your