PCIFX Fees and Costs — PACE Intermediate Fixed Income Investments, Class P
Data updated: 2026-10-13
The net expense ratio is 0.61% (0.88% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $14K in broker commissions, 0.0070% of average net assets, and portfolio turnover was 34%.
PCIFX Fees and Expenses
Annual operating expenses and sales charges of PCIFX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.27% |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
PCIFX Costs Over Time
On $10,000 invested in PCIFX, assuming 5% a year before costs, total costs come to $389 over 5 years, cutting the return by 0.65% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $213 | $389 |
| Value after costs | $10,435 | $11,363 | $12,374 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
PCIFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0070%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $290.7M
- Portfolio turnover (prospectus): 34%
PCIFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $14K | 100.00% |
PCIFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $146.2M | 54.21% |
| Citigroup Global Markets Inc. | $23.2M | 8.62% |
| J.P. Morgan Securities LLC | $20.2M | 7.49% |
| Goldman Sachs & Co. LLC | $16.4M | 6.10% |
| Barclays Capital Inc. | $14.7M | 5.45% |
| Morgan Stanley & Co. LLC | $14.0M | 5.19% |
| BofA Securities, Inc. | $13.6M | 5.05% |
| BNY Capital Markets, LLC | $9.8M | 3.62% |
| Wells Fargo Securities, LLC | $6.6M | 2.46% |
| BNP Paribas Securities Corp. | $4.9M | 1.81% |
PACE Intermediate Fixed Income Investments Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PIFTX | C000228103 | 0.54% | none |
| PCIFX | Class P | 0.61% | none |
| PIFYX | Class Y | 0.61% | none |
| PIFAX | Class A | 0.86% | 3.75% |
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.