PLVTX — PACE Large Co Value Equity Investments

PLVTX Fund Overview

PLVTX — PACE Large Co Value Equity Investments is a US mutual fund managed by Pace Select Advisors Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Pace Select Advisors Trust
• Category: United States Large Cap Value Equity
• Assets under management: $799.46M
• Ticker: PLVTX
• SEC CIK: 0000930007
• SEC series ID: S000002971
• Share class ID: C000228107

PLVTX Investment Objective and Strategy

PACE Large Co Value Equity Investments describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pace Select Advisors Trust.

Investment objective

Capital appreciation and dividend income.

Principal investment strategy

"Principal investments The fund invests primarily in stocks of US companies that are believed to be undervalued. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities issued by large capitalization companies. Large capitalization companies means companies with a total market capitalization within the market capitalization range of the companies in the Russell 1000 Value Index at the time of purchase. The fund seeks income primarily from dividend paying stocks. The fund may from time to time invest a significant portion of its assets in the stocks of companies in various economic sectors, such as financials. The fund may also invest, to a lesser extent, in other securities, such as securities convertible into stocks, initial public offerings (""IPOs"") and stocks of companies with smaller total market capitalizations.

The fund may invest up to 20% of its total assets in non-US securities, which may trade either within or outside the US. The fund is also permitted to engage in ""short-selling."" When selling short, the fund will sell a security it does not own at the then-current market price and then borrow the security to deliver to the buyer. The fund is then obligated to buy the security on a later date so that it can return the security to the lender. The fund may also invest the proceeds received upon the initial sale of the security, resulting in leverage and increasing the fund's return and loss potential. Short selling provides opportunities to increase the fund's total returns, but also entails significant potential risks. Management process The fund employs a ""manager of managers"" structure.

The fund's manager, UBS Asset Management (Americas) Inc. (""UBS AM""), and primary provider of investment advisory services, has the ultimate authority, subject to oversight by the fund's board, to oversee the fund's subadvisor(s) and recommend their hiring, termination and replacement, and to allocate assets among the fund's subadvisor(s). The relative value of each subadvisor's share of the fund's assets may change over time. UBS AM's investment process begins with subadvisor selection. UBS AM's portfolio management team constructs a list of potential subadvisors based on information primarily from internal sources and the team's collective knowledge of the industry, but also supplemented by external sources. The team then focuses its research on that list to identify a small number of the most attractive candidates.

This research includes analyzing the portfolio holdings and/or positioning of a subadvisor's investment strategy to understand whether the allocation of risk and the drivers of alpha are consistent with the subadvisor's investment philosophy and stated strengths. The most attractive sub-set of those subadvisors is then selected for in-depth, on-site due diligence meetings with representatives from the investment, operations and compliance groups within UBS AM. The due diligence information is then synthesized to select the most attractive candidate(s) for the fund, subject to the board's approval. In managing the fund and overseeing the fund's subadvisor(s), UBS AM views its research process as an ongoing one, as the team continually seeks to confirm a subadvisor's investment thesis over the appropriate investment horizon.

In general, UBS AM leverages its research and market knowledge to construct funds with exposure to various subadvisors that are expected, in combination, to produce the desired overall fund characteristics. UBS AM's ongoing monitoring and risk management process incorporates daily, weekly, monthly, quarterly and annual responsibilities designed to moni tor the drivers of fund risk and performance at the subadvisor level and at the overall fund level. Through this process, UBS AM may adjust a fund's positioning by altering its allocation weights across subadvisors within the fund and/or by changing the specific subadvisors within the fund. The main strategies of the subadvisors include: A ""deep value"" strategy which follows a disciplined investment process. A ""long/short"" or ""130/30"" equity strategy in which the subadvisor invests in companies with attractive valuations, business fundamentals and business momentum implemented using a blend of quantitative and fundamental analysis.

A ""long/short"" or ""130/30"" equity strategy in which the subadvisor employs a dynamic, quantitative factor-based approach to investing. A ""dividend all cap value"" strategy in which the subadvisor invests in a diversified, all-capitalization portfolio of income-producing equity securities."

PLVTX Holdings

Top 10 holdings of PACE Large Co Value Equity Investments by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all PLVTX holdings

PLVTX Portfolio Allocation

Asset-class allocation of PACE Large Co Value Equity Investments by percentage of net assets, from the latest SEC N-PORT filing.

PLVTX Performance

Total returns for PLVTX (as of 2026-10-01), from SEC filings.

PLVTX Risk Information

Risk metrics for PLVTX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 10.6%

PLVTX Costs and Fees

PLVTX costs about $42 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.42%
• Gross expense ratio: 0.89%
• Portfolio turnover: 55%
• Brokerage commissions: 4.05 bps of average net assets (SEC N-CEN)

PLVTX Cashflows

Over the 12 months to 2026-04, PACE Large Co Value Equity Investments had net outflows of $30.99M, from monthly SEC N-PORT filings.

PLVTX Debt Constituents

No individual debt constituents are reported in PACE Large Co Value Equity Investments's latest SEC N-PORT filing.

PLVTX Prospectus and SEC Filings

Official PACE Large Co Value Equity Investments filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-11-25
• Prospectus (485BPOS) — filed 2024-11-26
• Prospectus (485BPOS) — filed 2023-11-27
• Portfolio holdings (N-PORT) — filed 2026-09-25
• Portfolio holdings (N-PORT) — filed 2026-06-26
• Portfolio holdings (N-PORT) — filed 2026-03-30
• Annual census (N-CEN) — filed 2025-10-14
• Annual census (N-CEN) — filed 2024-10-15

Related Funds

Other United States Large Cap Value Equity funds tracked on ABC INVEST:

• Vanguard Value Index Fund (VIVAX)
• Washington Mutual Investors Fund (AWSHX)
• Investment CO Of America (AIVSX)
• American Mutual Fund (AMRMX)
• Vanguard High Dividend Yield Index Fund (VYM)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.