PUMYX — PACE Small/Medium Co Growth Equity Investments
Data updated: 2026-09-25
PUMYX — PACE Small/Medium Co Growth Equity Investments. United States Small Cap Growth Equity · $258.29M AUM. Holdings, fees, performance and SEC filings.
PUMYX Fund Overview
PUMYX — PACE Small/Medium Co Growth Equity Investments is a US mutual fund managed by Pace Select Advisors Trust, categorised as United States Small Cap Growth Equity. 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: United States Small Cap Growth Equity
- Assets under management: $258.29M
- 1-year return: 12.9%
- Ticker: PUMYX
- SEC CIK: 0000930007
- SEC series ID: S000002974
- Share class ID: C000008163
PUMYX Investment Objective and Strategy
PACE Small/Medium Co Growth Equity Investments describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pace Select Advisors Trust.
Investment objective
Capital appreciation.
Principal investment strategy
"Principal investments The fund invests primarily in stocks of ""emerging growth"" companies that are believed to have potential for high future earnings growth relative to the overall market. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities issued by small/medium capitalization companies. Small/medium capitalization companies means companies with a total market capitalization within the market capitalization range of the companies in the Russell 2500 Growth Index at the time of purchase. Dividend income is an incidental consideration in the investment advisors' selection of stocks for the fund. The fund may from time to time invest a significant portion of its assets in the stocks of companies in various economic sectors, such as technology.
The fund may invest, to a limited extent, in stocks of companies with larger total market capitalizations and other securities, including securities convertible into stocks. The fund may invest up to 10% of its total assets in non-US securities, which may trade either within or outside the US. 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). The relative value of each subadvisor's share of the fund's assets may change over time. 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 subadvisor'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 main strategies of the subadvisors include: A growth strategy that focuses on companies viewed as building their earnings power and intrinsic value. A growth strategy that involves seeking to achieve competitive returns in small/medium capitalization companies by identifying unrecognized growth potential. A strategy in which the subadvisor seeks to identify and exploit the perception gap that exits between a company's business strength and the market's expectation of that strength."
PUMYX Holdings
Top 10 holdings of PACE Small/Medium Co Growth Equity Investments by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Global Advisors | 4.98% |
| Dave Inc | 1.38% |
| Five Below Inc | 1.34% |
| Rush Street Interactive Inc | 1.29% |
| Travere Therapeutics Inc | 1.24% |
| ATI Inc | 1.18% |
| Halozyme Therapeutics Inc | 1.15% |
| Medpace Holdings Inc | 1.07% |
| Lumentum Holdings Inc | 1.05% |
| Argan Inc | 1.05% |
PUMYX Portfolio Allocation
Asset-class allocation of PACE Small/Medium Co Growth Equity Investments by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 5.6% |
PUMYX Performance
Total returns for PUMYX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 12.9% |
| 3 years (annualised) | -2.3% |
PUMYX Risk Information
Risk metrics for PUMYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.7%
PUMYX Costs and Fees
PUMYX costs about $102 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.02%
- Gross expense ratio: 1.02%
- Portfolio turnover: 76%
- Brokerage commissions: 8.71 bps of average net assets (SEC N-CEN)
PUMYX Cashflows
Over the 12 months to 2026-04, PACE Small/Medium Co Growth Equity Investments had net outflows of $12.62M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$2.30M |
| 2026-03 | −$3.31M |
| 2026-02 | −$956.18K |
| 2026-01 | −$2.08M |
| 2025-12 | $9.23M |
| 2025-11 | −$2.35M |
PUMYX Debt Constituents
No individual debt constituents are reported in PACE Small/Medium Co Growth Equity Investments's latest SEC N-PORT filing.
PUMYX Prospectus and SEC Filings
Official PACE Small/Medium Co Growth Equity 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 United States Small Cap Growth Equity 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.