PBNAX Performance — PACE Strategic Fixed Income Investments, Class A
Data updated: 2026-10-13
PBNAX returned −0.44% year to date and +2.84% over one year to Jul 2026. Annualised returns are +4.92% over 3 years and +0.30% over 5 years. The fund trailed its Intermediate Corporate Bond category average: $100 invested three years ago grew to $115, against $116 for the category, and to $103 over one year, against $103. Volatility over the past three years was 5.50% a year. In the 12 months to Jul 2026 the fund lost a net $18.1M, and assets reached $392.62M.
PBNAX Growth of $100
What $100 invested in PACE Strategic Fixed Income Investments grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | PBNAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $115 | $116 |
| 5 years (Aug 2021 – Jul 2026) | $101 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $114 | $116 |
PBNAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.44% |
| 1 year | +2.84% |
| 3 years (annualised) | +4.92% |
| 5 years (annualised) | +0.30% |
PBNAX Annual Returns
Calendar-year total returns of PACE Strategic Fixed Income Investments, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.44% |
| 2025 | +7.52% |
| 2024 | +3.45% |
| 2023 | +7.83% |
| 2022 | −14.13% |
| 2021 | −0.96% |
| 2020 | +9.10% |
| 2019 (Aug–Dec) | +2.54% |
PBNAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +1.5% | −2.0% | +0.4% | +0.3% | +0.5% | −1.4% | — | — | — | — | — |
| 2025 | +0.6% | +2.2% | −0.2% | +0.1% | −0.1% | +1.7% | −0.2% | +1.1% | +1.1% | +0.6% | +0.7% | −0.3% |
| 2024 | +0.1% | −1.0% | +1.2% | −2.2% | +1.8% | +0.9% | +2.2% | +1.6% | +1.3% | −2.0% | +1.2% | −1.4% |
| 2023 | +3.9% | −2.4% | +1.8% | +0.8% | −1.1% | +0.1% | +0.3% | −0.4% | −2.3% | −1.6% | +4.7% | +4.0% |
| 2022 | −2.1% | −1.5% | −2.9% | −4.0% | +0.1% | −2.5% | +2.5% | −2.4% | −4.1% | −1.1% | +3.6% | −0.5% |
| 2021 | −0.7% | −1.5% | −1.3% | +1.0% | +0.4% | +1.1% | +1.0% | 0.0% | −0.9% | 0.0% | −0.1% | 0.0% |
| 2020 | +2.5% | +1.2% | −3.5% | +2.5% | +1.3% | +1.5% | +2.2% | −0.5% | −0.1% | −0.4% | +1.9% | +0.3% |
| 2019 | — | — | — | — | — | — | — | +3.2% | −0.7% | +0.4% | −0.2% | −0.1% |
PBNAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.50%
- 3-year Sharpe ratio: 0.08 (vs 4.5% risk-free rate)
- Best month: +4.71% (Nov 2023)
- Worst month: −2.28% (Sep 2023)
PBNAX Fund Flows
Monthly money in and out of PACE Strategic Fixed Income Investments, from SEC Form N-PORT.
- 12-month net flow: −$18.1M
- 12-month gross sales (incl. reinvestments): $51.4M
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.9M | $5.4M | −$2.5M |
| Jun 2026 | $3.8M | $4.3M | −$461K |
| May 2026 | $5.4M | $5.3M | $93K |
| Apr 2026 | $3.1M | $5.4M | −$2.3M |
| Mar 2026 | $3.2M | $5.1M | −$1.8M |
| Feb 2026 | $5.9M | $6.7M | −$863K |
| Jan 2026 | $5.2M | $8.2M | −$2.9M |
| Dec 2025 | $3.7M | $8.0M | −$4.3M |
| Nov 2025 | $5.0M | $4.5M | $471K |
| Oct 2025 | $4.5M | $6.0M | −$1.5M |
| Sep 2025 | $4.1M | $5.3M | −$1.2M |
| Aug 2025 | $4.4M | $5.2M | −$795K |
PBNAX Assets Under Management
Net assets of PACE Strategic Fixed Income Investments by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $392.62M |
| 2026-04-30 | $402.62M |
| 2026-01-31 | $413.17M |
| 2025-10-31 | $422.15M |
| 2025-07-31 | $418.74M |
| 2025-04-30 | $421.91M |
| 2025-01-31 | $422.30M |
| 2024-10-31 | $434.49M |
| 2024-07-31 | $443.83M |
| 2024-04-30 | $435.80M |
| 2024-01-31 | $453.77M |
| 2023-10-31 | $434.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.