PREAX Performance — PACE Global Real Estate Securities Investments, Class A
Data updated: 2026-10-13
PREAX returned +11.73% year to date and +15.08% over one year to Jul 2026. Annualised returns are +5.45% over 3 years and −1.00% over 5 years. Against its International Real Estate category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $117, against $127 for the category, and to $115 over one year, against $115. Volatility over the past three years was 16.45% a year. In the 12 months to Jul 2026 the fund lost a net $3.6M, and assets reached $55.59M.
PREAX Growth of $100
What $100 invested in PACE Global Real Estate Securities Investments grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Real Estate category average over the same months.
| Period | PREAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $115 |
| 3 years (Aug 2023 – Jul 2026) | $117 | $127 |
| 5 years (Aug 2021 – Jul 2026) | $95 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $111 | $129 |
PREAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.73% |
| 1 year | +15.08% |
| 3 years (annualised) | +5.45% |
| 5 years (annualised) | −1.00% |
PREAX Annual Returns
Calendar-year total returns of PACE Global Real Estate Securities Investments, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +11.73% |
| 2025 | +3.32% |
| 2024 | −3.15% |
| 2023 | +10.95% |
| 2022 | −27.81% |
| 2021 | +32.67% |
| 2020 | −11.24% |
| 2019 (Aug–Dec) | +5.35% |
PREAX 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 | +2.0% | +5.4% | −8.5% | +8.2% | +0.1% | +2.0% | +2.8% | — | — | — | — | — |
| 2025 | +0.6% | +1.5% | −3.0% | +0.5% | +2.8% | +0.6% | −2.5% | +4.0% | −0.1% | −1.5% | +1.1% | −0.4% |
| 2024 | −4.4% | +0.8% | +3.3% | −7.8% | +4.2% | 0.0% | +5.7% | +4.5% | +2.8% | −5.3% | +2.0% | −7.6% |
| 2023 | +9.6% | −5.1% | −1.7% | +1.7% | −4.6% | +3.6% | +3.0% | −3.2% | −6.9% | −4.9% | +12.0% | +9.2% |
| 2022 | −7.8% | −2.9% | +3.3% | −4.0% | −4.4% | −8.9% | +8.0% | −7.2% | −13.2% | +3.1% | +8.1% | −3.8% |
| 2021 | −1.2% | +7.5% | +3.4% | +6.5% | +2.2% | +0.6% | +4.0% | +0.5% | −5.7% | +5.4% | −0.9% | +7.3% |
| 2020 | −0.4% | −8.5% | −21.7% | +5.8% | +0.9% | +1.5% | +2.0% | +2.8% | −3.8% | −3.5% | +14.2% | +3.4% |
| 2019 | — | — | — | — | — | — | — | +2.1% | +2.0% | +2.4% | −1.6% | +0.4% |
PREAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.45%
- 3-year Sharpe ratio: 0.06 (vs 4.5% risk-free rate)
- Best month: +12.04% (Nov 2023)
- Worst month: −8.51% (Mar 2026)
PREAX Fund Flows
Monthly money in and out of PACE Global Real Estate Securities Investments, from SEC Form N-PORT.
- 12-month net flow: −$3.6M
- 12-month gross sales (incl. reinvestments): $5.5M
- Sales ÷ redemptions: 0.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $223K | $579K | −$356K |
| Jun 2026 | $235K | $1.1M | −$839K |
| May 2026 | $310K | $604K | −$294K |
| Apr 2026 | $233K | $613K | −$380K |
| Mar 2026 | $248K | $715K | −$467K |
| Feb 2026 | $471K | $1.0M | −$550K |
| Jan 2026 | $614K | $1.1M | −$491K |
| Dec 2025 | $1.8M | $728K | $1.0M |
| Nov 2025 | $302K | $492K | −$190K |
| Oct 2025 | $347K | $927K | −$580K |
| Sep 2025 | $297K | $620K | −$323K |
| Aug 2025 | $430K | $614K | −$184K |
PREAX Assets Under Management
Net assets of PACE Global Real Estate Securities Investments by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $55.59M |
| 2026-04-30 | $54.33M |
| 2026-01-31 | $53.46M |
| 2025-10-31 | $53.14M |
| 2025-07-31 | $52.99M |
| 2025-04-30 | $53.66M |
| 2025-01-31 | $56.09M |
| 2024-10-31 | $60.76M |
| 2024-07-31 | $62.29M |
| 2024-04-30 | $58.24M |
| 2024-01-31 | $63.46M |
| 2023-10-31 | $56.53M |
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.