PACE Alternative Strategies Investments (PASIX)

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The chart shows the growth of an initial investment of $10,000 in PACE Alternative Strategies Investments, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

PACE Alternative Strategies Investments (PASIX) has returned -0.69% so far this year and 5.82% over the past 12 months. Over the last ten years, PASIX has returned 3.43% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 11, 2006, PASIX's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, your investment would double in approximately 26.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was May 2009 with a return of +4.8%, while the worst month was Oct 2008 at -9.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PASIX closed higher 47% of trading days. The best single day was Jan 9, 2008 with a return of +5.7%, while the worst single day was Jan 8, 2008 at -4.9%.

PACE Alternative Strategies Investments has an annualized alpha of -0.03%, beta of 0.27, and R² of 0.58 versus S&P 500 Index. Calculated based on daily prices since April 12, 2006.

• This fund participated in 36.27% of S&P 500 Index downside but only 26.72% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.27 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

PASIX has a high expense ratio of 1.88%, indicating above-average management fees.

PASIX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for PACE Alternative Strategies Investments (PASIX) and compare them to a chosen benchmark (S&P 500 Index).

PACE Alternative Strategies Investments provided a 11.01% dividend yield over the last twelve months, with an annual payout of $1.11 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for PACE Alternative Strategies Investments. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the PACE Alternative Strategies Investments. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PACE Alternative Strategies Investments was 32.27%, occurring on Mar 9, 2009. Recovery took 1495 trading sessions.

The current PACE Alternative Strategies Investments drawdown is 3.36%.

The chart below shows the rolling one-month volatility.