PREQX Performance — PACE Global Real Estate Securities Investments, Class P
Data updated: 2026-10-13
PREQX returned +12.04% year to date and +15.32% over one year to Jul 2026. Annualised returns are +5.70% over 3 years and −0.78% 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 $118, against $127 for the category, and to $115 over one year, against $115. Volatility over the past three years was 16.49% a year. In the 12 months to Jul 2026 the fund lost a net $3.6M, and assets reached $55.59M.
PREQX 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 | PREQX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $115 |
| 3 years (Aug 2023 – Jul 2026) | $118 | $127 |
| 5 years (Aug 2021 – Jul 2026) | $96 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $113 | $129 |
PREQX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.04% |
| 1 year | +15.32% |
| 3 years (annualised) | +5.70% |
| 5 years (annualised) | −0.78% |
PREQX 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) | +12.04% |
| 2025 | +3.44% |
| 2024 | −2.90% |
| 2023 | +10.94% |
| 2022 | −27.55% |
| 2021 | +33.02% |
| 2020 | −10.94% |
| 2019 (Aug–Dec) | +5.30% |
PREQX 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 | +2.1% | +5.5% | −8.5% | +8.1% | +0.1% | +1.9% | +2.9% | — | — | — | — | — |
| 2025 | +0.6% | +1.6% | −3.1% | +0.5% | +2.9% | +0.6% | −2.5% | +4.0% | −0.1% | −1.6% | +1.1% | −0.4% |
| 2024 | −4.3% | +0.6% | +3.4% | −7.7% | +4.2% | 0.0% | +5.8% | +4.5% | +2.8% | −5.4% | +2.1% | −7.6% |
| 2023 | +9.6% | −5.1% | −1.9% | +1.8% | −4.7% | +3.6% | +3.1% | −3.3% | −6.7% | −4.9% | +12.0% | +9.3% |
| 2022 | −7.8% | −2.9% | +3.4% | −4.0% | −4.3% | −8.9% | +8.1% | −7.2% | −13.2% | +3.0% | +8.1% | −3.5% |
| 2021 | −1.1% | +7.4% | +3.5% | +6.5% | +2.2% | +0.5% | +4.0% | +0.5% | −5.7% | +5.5% | −1.0% | +7.4% |
| 2020 | −0.4% | −8.3% | −21.9% | +5.8% | +1.1% | +1.4% | +2.1% | +2.9% | −4.0% | −3.3% | +14.0% | +3.5% |
| 2019 | — | — | — | — | — | — | — | +2.0% | +2.0% | +2.5% | −1.6% | +0.5% |
PREQX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.49%
- 3-year Sharpe ratio: 0.07 (vs 4.5% risk-free rate)
- Best month: +12.04% (Nov 2023)
- Worst month: −8.49% (Mar 2026)
PREQX 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 |
PREQX 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.