PACE International Emerging Markets Equity Investments (PCEMX)
The fund normally invests at least 80% of its net assets in equity securities that are tied economically to emerging market countries. The advisor generally defines emerging market countries as countries that are not included in the MSCI World Index of major world economies. The fund may invest, to a limited extent, in (1) bonds, including up to 10% of its total assets in bonds that are below investment grade, which are commonly known as "junk bonds," and (2) securities of other investment companies, including exchange-traded funds ("ETFs"), that invest in emerging markets.
Fund Info
US69373W2935
Aug 23, 1995
$10,000
Large-Cap
Blend
Expense Ratio
PCEMX has a high expense ratio of 1.20%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PACE International Emerging Markets Equity Investments, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PACE International Emerging Markets Equity Investments had a return of 5.86% year-to-date (YTD) and 11.50% in the last 12 months. Over the past 10 years, PACE International Emerging Markets Equity Investments had an annualized return of 1.96%, while the S&P 500 had an annualized return of 11.31%, indicating that PACE International Emerging Markets Equity Investments did not perform as well as the benchmark.
PCEMX
5.86%
6.27%
4.45%
11.50%
1.65%
1.96%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PCEMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.85% | 5.86% | |||||||||||
| 2024 | -5.00% | 4.35% | 1.52% | 0.00% | 2.05% | 1.24% | -0.69% | 1.92% | 8.23% | -4.39% | -3.21% | -1.18% | 4.15% |
| 2023 | 10.36% | -7.04% | 3.11% | -2.29% | -1.17% | 5.32% | 5.30% | -5.64% | -3.72% | -4.61% | 8.79% | 3.29% | 10.33% |
| 2022 | -0.68% | -4.33% | -2.08% | -7.78% | 1.27% | -5.11% | -0.08% | -0.41% | -10.15% | -2.87% | 16.11% | -2.55% | -18.98% |
| 2021 | 1.50% | 3.13% | -1.43% | 2.38% | 2.10% | 0.44% | -6.25% | 3.25% | -4.74% | 1.56% | -5.20% | -7.12% | -10.68% |
| 2020 | -4.77% | -4.71% | -18.59% | 10.79% | 1.83% | 7.77% | 9.75% | 2.53% | -2.04% | 2.37% | 9.48% | 8.27% | 20.13% |
| 2019 | 8.55% | 0.31% | 1.31% | 1.90% | -6.19% | 5.56% | -1.73% | -3.37% | 1.27% | 4.46% | 0.00% | 6.44% | 19.02% |
| 2018 | 7.08% | -4.50% | -1.08% | -1.22% | -3.10% | -4.40% | 1.49% | -2.56% | -1.20% | -8.52% | 4.16% | -3.02% | -16.42% |
| 2017 | 4.83% | 3.13% | 2.78% | 2.13% | 2.81% | 1.25% | 5.02% | 1.84% | -0.29% | 2.17% | 0.14% | 4.07% | 34.14% |
| 2016 | -5.35% | -1.51% | 11.59% | 0.28% | -3.12% | 4.16% | 4.00% | 1.31% | 0.86% | 0.00% | -5.13% | -0.08% | 6.03% |
| 2015 | 1.02% | 1.32% | -1.69% | 5.46% | -3.63% | -2.69% | -6.00% | -8.65% | -2.76% | 6.05% | -3.30% | -2.55% | -16.94% |
| 2014 | -6.38% | 3.49% | 3.05% | 0.86% | 2.86% | 2.70% | 0.59% | 2.62% | -6.66% | 2.43% | 0.07% | -4.53% | 0.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PCEMX is 38, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PACE International Emerging Markets Equity Investments (PCEMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PACE International Emerging Markets Equity Investments provided a 1.15% dividend yield over the last twelve months, with an annual payout of $0.16 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.16 | $0.18 | $0.29 | $0.28 | $0.18 | $0.15 | $0.22 | $0.17 | $0.12 | $0.11 | $0.15 |
Dividend yield | 1.15% | 1.22% | 1.45% | 2.51% | 1.90% | 1.10% | 1.05% | 1.84% | 1.16% | 1.09% | 1.09% | 1.21% |
Monthly Dividends
The table displays the monthly dividend distributions for PACE International Emerging Markets Equity Investments. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2014 | $0.15 | $0.15 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the PACE International Emerging Markets Equity 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 International Emerging Markets Equity Investments was 78.12%, occurring on Mar 2, 2009. The portfolio has not yet recovered.
The current PACE International Emerging Markets Equity Investments drawdown is 40.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.12% | Nov 1, 2007 | 333 | Mar 2, 2009 | — | — | — |
| -57.73% | Feb 11, 2000 | 401 | Sep 21, 2001 | 970 | Aug 2, 2005 | 1371 |
| -53.56% | Jul 8, 1997 | 309 | Sep 11, 1998 | 351 | Jan 18, 2000 | 660 |
| -22.8% | May 9, 2006 | 25 | Jun 13, 2006 | 117 | Nov 29, 2006 | 142 |
| -17.75% | Dec 19, 2006 | 50 | Mar 5, 2007 | 51 | May 16, 2007 | 101 |
Volatility
Volatility Chart
The current PACE International Emerging Markets Equity Investments volatility is 3.17%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.