PCGLX

About PCGLX

PACE Global Fixed Income Investments Class P is a globally diversified mutual fund focused on fixed income securities. Its principal objective is to generate high total return by primarily investing in high-grade fixed income assets issued by a mix of domestic and foreign governments, supranational entities, and reputable private issuers. The fund maintains exposure to a wide range of geographies and sectors, including bonds from developed economies and, to a limited extent, emerging markets and lower-rated issuers. This strategy offers investors broad diversification and the potential for stabilizing returns in varying market conditions. Notable features include a robust portfolio of over 370 holdings and monthly dividend distributions, aiming to meet the needs of investors seeking regular income. The fund has a relatively moderate expense ratio and requires a minimum investment, indicating its alignment with more substantial portfolios. Serving within the global bond fund category, it plays a key role for investors looking to balance risk and return through international diversification, while incorporating both government and corporate credit exposures across multiple maturities.