PMUYX Performance — PACE Municipal Fixed Income Investments, Class Y
Data updated: 2026-10-13
PMUYX returned +7.71% over one year to Oct 2024. Annualised returns are −0.37% over 3 years and +0.79% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $99, against $99 for the category, and to $108 over one year, against $109. Volatility over the past three years was 6.17% a year. In the 12 months to Jul 2026 the fund lost a net $12.0M, and assets reached $142.75M.
PMUYX Growth of $100
What $100 invested in PACE Municipal Fixed Income Investments grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | PMUYX | Category average |
|---|---|---|
| 1 year (Nov 2023 – Oct 2024) | $108 | $109 |
| 3 years (Nov 2021 – Oct 2024) | $99 | $99 |
| 5 years (Nov 2019 – Oct 2024) | $104 | $104 |
| Since data start (Aug 2019 – Oct 2024) | $105 | $105 |
PMUYX Trailing Returns
Total returns to Oct 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.71% |
| 3 years (annualised) | −0.37% |
| 5 years (annualised) | +0.79% |
PMUYX Annual Returns
Calendar-year total returns of PACE Municipal Fixed Income Investments, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Oct) | +0.49% |
| 2023 | +5.51% |
| 2022 | −7.33% |
| 2021 | +0.79% |
| 2020 | +4.62% |
| 2019 (Aug–Dec) | +1.01% |
PMUYX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.2% | +0.1% | −0.1% | −0.9% | −0.5% | +1.2% | +0.8% | +0.7% | +0.9% | −1.4% | — | — |
| 2023 | +2.5% | −1.9% | +1.7% | −0.1% | −0.9% | +0.8% | +0.2% | −0.9% | −2.1% | −0.8% | +4.9% | +2.2% |
| 2022 | −2.6% | −0.5% | −2.7% | −2.4% | +1.2% | −1.1% | +2.2% | −1.8% | −3.1% | −0.6% | +3.8% | +0.2% |
| 2021 | +0.6% | −1.5% | +0.5% | +0.7% | +0.2% | +0.2% | +0.6% | −0.2% | −0.7% | −0.3% | +0.6% | +0.1% |
| 2020 | +1.7% | +1.1% | −3.9% | −1.3% | +2.9% | +1.0% | +1.6% | −0.1% | +0.1% | −0.2% | +1.2% | +0.6% |
| 2019 | — | — | — | — | — | — | — | +1.3% | −0.8% | +0.1% | +0.1% | +0.3% |
PMUYX Risk
Risk measures from monthly returns over Nov 2021 – Oct 2024.
- 3-year volatility (annualised): 6.17%
- 3-year Sharpe ratio: -0.79 (vs 4.5% risk-free rate)
- Best month: +4.88% (Nov 2023)
- Worst month: −3.06% (Sep 2022)
PMUYX Fund Flows
Monthly money in and out of PACE Municipal Fixed Income Investments, from SEC Form N-PORT.
- 12-month net flow: −$12.0M
- 12-month gross sales (incl. reinvestments): $17.8M
- Sales ÷ redemptions: 0.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $887K | $3.1M | −$2.2M |
| Jun 2026 | $728K | $2.6M | −$1.8M |
| May 2026 | $1.9M | $1.2M | $780K |
| Apr 2026 | $1.2M | $2.5M | −$1.3M |
| Mar 2026 | $1.2M | $1.7M | −$560K |
| Feb 2026 | $2.2M | $3.7M | −$1.5M |
| Jan 2026 | $1.8M | $3.3M | −$1.5M |
| Dec 2025 | $2.0M | $2.6M | −$671K |
| Nov 2025 | $878K | $2.3M | −$1.4M |
| Oct 2025 | $668K | $2.1M | −$1.4M |
| Sep 2025 | $1.4M | $1.6M | −$170K |
| Aug 2025 | $2.9M | $3.2M | −$286K |
PMUYX Assets Under Management
Net assets of PACE Municipal Fixed Income Investments by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $142.75M |
| 2026-04-30 | $148.12M |
| 2026-01-31 | $153.08M |
| 2025-10-31 | $155.27M |
| 2025-07-31 | $152.25M |
| 2025-04-30 | $158.76M |
| 2025-01-31 | $168.44M |
| 2024-10-31 | $177.68M |
| 2024-07-31 | $184.70M |
| 2024-04-30 | $189.22M |
| 2024-01-31 | $196.29M |
| 2023-10-31 | $194.06M |
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.