PWGAX Performance — PACE International Equity Investments, Class A
Data updated: 2026-10-13
PWGAX returned +10.39% year to date and +24.38% over one year to Jul 2026. Annualised returns are +17.48% over 3 years and +10.52% over 5 years. The fund beat its International Large Blend category average: $100 invested three years ago grew to $162, against $153 for the category, and to $124 over one year, against $123. Volatility over the past three years was 12.03% a year. In the 12 months to Jul 2026 the fund lost a net $46.3M, and assets reached $747.83M.
PWGAX Growth of $100
What $100 invested in PACE International Equity Investments grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | PWGAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $124 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $162 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $165 | $147 |
| Since data start (Aug 2019 – Jul 2026) | $217 | $194 |
PWGAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.39% |
| 1 year | +24.38% |
| 3 years (annualised) | +17.48% |
| 5 years (annualised) | +10.52% |
PWGAX Annual Returns
Calendar-year total returns of PACE International Equity Investments, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.39% |
| 2025 | +34.81% |
| 2024 | +5.85% |
| 2023 | +20.10% |
| 2022 | −14.35% |
| 2021 | +12.17% |
| 2020 | +10.84% |
| 2019 (Aug–Dec) | +7.59% |
PWGAX 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 | +3.6% | +4.2% | −8.1% | +5.7% | +2.9% | −0.1% | +2.4% | — | — | — | — | — |
| 2025 | +4.1% | +4.0% | +0.7% | +4.4% | +4.6% | +2.0% | −1.4% | +4.5% | +2.1% | +1.3% | +1.7% | +2.5% |
| 2024 | −0.5% | +2.4% | +3.1% | −2.3% | +5.1% | −1.8% | +3.3% | +3.5% | +1.0% | −4.8% | 0.0% | −2.8% |
| 2023 | +8.2% | −2.4% | +3.6% | +2.2% | −2.6% | +4.4% | +2.7% | −3.8% | −3.1% | −3.1% | +8.6% | +4.9% |
| 2022 | −1.6% | −3.5% | −1.1% | −5.8% | +1.7% | −8.1% | +4.5% | −6.0% | −9.4% | +5.8% | +12.8% | −2.5% |
| 2021 | −0.8% | +1.9% | +2.8% | +2.5% | +4.8% | −1.5% | +0.2% | +1.9% | −3.1% | +3.3% | −4.6% | +4.6% |
| 2020 | −2.0% | −7.5% | −14.9% | +7.2% | +5.5% | +3.4% | +3.0% | +4.2% | −1.6% | −2.7% | +14.4% | +4.5% |
| 2019 | — | — | — | — | — | — | — | −3.1% | +3.0% | +3.7% | +0.8% | +3.2% |
PWGAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.03%
- 3-year Sharpe ratio: 1.08 (vs 4.5% risk-free rate)
- Best month: +8.58% (Nov 2023)
- Worst month: −8.08% (Mar 2026)
PWGAX Fund Flows
Monthly money in and out of PACE International Equity Investments, from SEC Form N-PORT.
- 12-month net flow: −$46.3M
- 12-month gross sales (incl. reinvestments): $97.4M
- Sales ÷ redemptions: 0.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.4M | $8.4M | −$7.0M |
| Jun 2026 | $580K | $9.0M | −$8.4M |
| May 2026 | $1.1M | $12.5M | −$11.4M |
| Apr 2026 | $1.0M | $9.8M | −$8.8M |
| Mar 2026 | $1.4M | $12.6M | −$11.2M |
| Feb 2026 | $1.6M | $20.5M | −$18.8M |
| Jan 2026 | $2.0M | $15.0M | −$13.0M |
| Dec 2025 | $82.3M | $12.7M | $69.6M |
| Nov 2025 | $1.1M | $10.3M | −$9.2M |
| Oct 2025 | $1.7M | $10.8M | −$9.2M |
| Sep 2025 | $1.9M | $9.3M | −$7.3M |
| Aug 2025 | $1.2M | $12.8M | −$11.6M |
PWGAX Assets Under Management
Net assets of PACE International Equity Investments by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $747.83M |
| 2026-04-30 | $736.44M |
| 2026-01-31 | $765.78M |
| 2025-10-31 | $746.21M |
| 2025-07-31 | $716.84M |
| 2025-04-30 | $709.16M |
| 2025-01-31 | $676.36M |
| 2024-10-31 | $697.01M |
| 2024-07-31 | $730.10M |
| 2024-04-30 | $712.29M |
| 2024-01-31 | $725.64M |
| 2023-10-31 | $675.06M |
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.