PRPTX — PACE Global Real Estate Securities Investments
Data updated: 2026-09-25
PRPTX — PACE Global Real Estate Securities Investments. Global (incl. US) Real Estate · $55.59M AUM. Holdings, fees, performance and SEC filings.
PRPTX Fund Overview
PRPTX — PACE Global Real Estate Securities Investments is a US mutual fund managed by Pace Select Advisors Trust, categorised as Global (incl. US) Real Estate. 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: Global (incl. US) Real Estate
- Assets under management: $55.59M
- Ticker: PRPTX
- SEC CIK: 0000930007
- SEC series ID: S000006034
- Share class ID: C000228114
PRPTX Investment Objective and Strategy
PACE Global Real Estate Securities Investments describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pace Select Advisors Trust.
Investment objective
Total return.
Principal investment strategy
"Principal investments The fund seeks to achieve its objective by investing primarily in real estate investment trusts (""REITs"") and oth er real-estate related securities. Under normal market circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in securities of companies in the real estate industry, which may include common shares, preferred shares, initial public offerings (""IPOs"") and units of beneficial interest in real estate companies (inclusive of REITs). The fund invests in such securities of companies with varying market capitalizations. The fund will consider real estate securities to be those securities issued by companies principally engaged in the real estate industry, defined to mean those companies which (1) derive at least 50% of their revenues from the ownership, operation, development, construction, financing, management or sale of commercial, industrial or residential real estate and similar activities, or (2) invest at least 50% of their assets in such real estate.
The fund may invest in the securities of issuers located in a number of different countries throughout the world. Under normal market circumstances, the fund will maintain exposure to real estate related securities of issuers in the US and in at least three countries outside the US. The amount invested outside the US may vary, and at any given time, the fund may have a significant exposure to non-US securities depending upon an investment advisor's investment decisions. The fund may engage in ""short-selling,"" where 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 it to the lender. 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. UBS Asset Management (Americas) Inc. (""UBS AM""), the fund's manager 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). 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 sub advisor'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 monitor 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 subadvisor utilizes a strategy that involves achieving total returns by investing in a diversified portfolio of global securities of companies primarily in the real estate industry."
PRPTX Holdings
Top 10 holdings of PACE Global Real Estate Securities Investments by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Welltower Inc | 11.11% |
| Digital Realty Trust Inc | 6.51% |
| Prologis Inc | 4.93% |
| Equinix Inc | 3.62% |
| Public Storage | 3.12% |
| Sun Communities Inc | 2.70% |
| Goodman Group | 2.42% |
| Extra Space Storage Inc | 2.41% |
| Agree Realty Corp | 2.26% |
| BXP Inc | 2.23% |
PRPTX Portfolio Allocation
Asset-class allocation of PACE Global Real Estate Securities Investments by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 0.9% |
PRPTX Performance
Total returns for PRPTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.7% |
| 1 year | 15.1% |
| 3 years (annualised) | 5.4% |
| 5 years (annualised) | -1.0% |
PRPTX Risk Information
Risk metrics for PRPTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.2%
PRPTX Costs and Fees
PRPTX costs about $157 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.57%
- Gross expense ratio: 1.85%
- Portfolio turnover: 29%
- Brokerage commissions: 2.31 bps of average net assets (SEC N-CEN)
PRPTX Cashflows
Over the 12 months to 2026-04, PACE Global Real Estate Securities Investments had net outflows of $3.32M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$380.25K |
| 2026-03 | −$466.82K |
| 2026-02 | −$550.22K |
| 2026-01 | −$491.31K |
| 2025-12 | $1.03M |
| 2025-11 | −$189.59K |
PRPTX Debt Constituents
No individual debt constituents are reported in PACE Global Real Estate Securities Investments's latest SEC N-PORT filing.
PRPTX Prospectus and SEC Filings
Official PACE Global Real Estate Securities 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 Global (incl. US) Real Estate funds tracked on ABC INVEST:
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.