PFPTX Fees and Costs — PACE Mortgage-Backed Securities Fixed Income Investments
Data updated: 2026-10-13
The net expense ratio is 1.67% (1.99% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 945%.
PFPTX Fees and Expenses
Annual operating expenses and sales charges of PFPTX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.99% |
| Fee waiver | −0.32% |
| Net expense ratio | 1.67% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
PFPTX Costs Over Time
On $10,000 invested in PFPTX, assuming 5% a year before costs, total costs come to $1,032 over 5 years, cutting the return by 1.75% 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 1.67%) | $175 | $543 | $936 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $27 | $95 |
| Total costs | $175 | $571 | $1,032 |
| Value after costs | $10,325 | $11,005 | $11,731 |
| Impact on return, per year | 1.75% | 1.75% | 1.75% |
PFPTX 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): 0.0014%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $10.4B
- Portfolio turnover (prospectus): 945%
PFPTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $2K | 100.00% |
PFPTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $2.6B | 24.93% |
| Goldman Sachs & Co. LLC | $2.0B | 19.12% |
| BofA Securities, Inc. | $2.0B | 19.10% |
| J.P. Morgan Securities LLC | $1.6B | 15.28% |
| Barclays Capital Inc. | $981.5M | 9.43% |
| Wells Fargo Securities, LLC | $579.2M | 5.56% |
| Citigroup Global Markets Inc. | $351.8M | 3.38% |
| Deutsche Bank Securities Inc. | $146.2M | 1.40% |
| State Street Bank and Trust Company | $110.6M | 1.06% |
| BNP Paribas Securities Corp. | $76.5M | 0.74% |
PACE Mortgage-Backed Securities 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 |
|---|---|---|---|
| PFXYX | Class Y | 0.72% | none |
| PFPTX | C000228102 | 1.67% | none |
| PCGTX | Class P | 1.72% | none |
| PFXAX | Class A | 1.97% | 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.