PUMTX Fees and Costs — PACE Small/Medium Co Growth Equity Investments, Class P2
Data updated: 2026-10-13
The net expense ratio is 0.69% (1.11% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $271K in broker commissions, 0.1077% of average net assets, and portfolio turnover was 76%.
PUMTX Fees and Expenses
Annual operating expenses and sales charges of PUMTX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.42% |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
PUMTX Costs Over Time
On $10,000 invested in PUMTX, assuming 5% a year before costs, total costs come to $501 over 5 years, cutting the return by 0.84% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $11 | $35 | $61 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $275 | $501 |
| Value after costs | $10,416 | $11,301 | $12,262 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
PUMTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1077%
- Total broker commissions: $271K
- Bought from dealers (principal trades, not a cost): $141.9M
- Portfolio turnover (prospectus): 76%
PUMTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $43K | 23.57% |
| William Blair & Company, L.L.C. | $41K | 22.17% |
| Virtu Americas LLC | $21K | 11.37% |
| Wells Fargo Securities, LLC | $19K | 10.41% |
| Robert W. Baird & Co. Incorporated | $16K | 8.87% |
| TD Securities (USA) LLC | $10K | 5.56% |
| Liquidnet, Inc. | $10K | 5.40% |
| J.P. Morgan Securities LLC | $8K | 4.50% |
| JonesTrading Institutional Services LLC | $8K | 4.19% |
| BTIG, LLC | $7K | 3.96% |
PUMTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $138.3M | 97.88% |
| Craig-Hallum Capital Group LLC | $666K | 0.47% |
| William Blair & Company, L.L.C. | $607K | 0.43% |
| Goldman Sachs & Co. LLC | $285K | 0.20% |
| RBC Capital Markets, LLC | $276K | 0.20% |
| Stifel, Nicolaus & Company, Incorporated | $252K | 0.18% |
| B. Riley & Co., LLC | $243K | 0.17% |
| J.P. Morgan Securities LLC | $234K | 0.17% |
| TD Securities (USA) LLC | $229K | 0.16% |
| Robert W. Baird & Co. Incorporated | $203K | 0.14% |
PACE Small/Medium Co Growth Equity Investments Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PUMTX | Class P2 | 0.69% | none |
| PCSGX | Class P | 1.08% | none |
| PQUAX | Class A | 1.28% | 5.50% |
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.