Pace Municipal is trading at 12.18 as of the 25th of November 2024; that is 0.16% down since the beginning of the trading day. The fund's open price was 12.2. Pace Municipal has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Pace Municipal Fixed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in municipal fixed income investments, the income from which is exempt from regular federal income taxes. It invests principally in investment grade municipal bonds of varying maturities. It limits its investments in municipal bonds that are subject to the federal AMT so that not more than 25 percent of its interest income will be subject to the AMT, and invests in these bonds when its investment advisor believes that they offer attractive yields relative to similar municipal bonds that are not subject to the AMT.. More on Pace Municipal Fixed
Pace Municipal Fixed [PMUAX] is traded in USA and was established 25th of November 2024. Pace Municipal is listed under UBS Asset Management category by Fama And French industry classification. The fund is listed under Muni National Interm category and is part of UBS Asset Management family. This fund at this time has accumulated 343.58 M in assets with minimum initial investment of 1 K. Pace Municipal Fixed is currently producing year-to-date (YTD) return of 0.88% with the current yeild of 0.0%, while the total return for the last 3 years was -0.54%.
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Other Information on Investing in Pace Mutual Fund
Pace Municipal financial ratios help investors to determine whether Pace Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pace with respect to the benefits of owning Pace Municipal security.