See what your fund actually adds
PACE High Yield Investments Class A PHIAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | PHIAX | Replication |
|---|---|---|
| Annualized growth | 3.0% | 3.9% |
| Annualized volatility | 5.8% | 5.2% |
| Sharpe ratio | 0.54 | 0.76 |
| Maximum drawdown | 15.9% | 13.6% |
| Replication fit (R²) | 0.86 · Tracking error 2.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model PHIAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| SPHY | FI · High Yield | 67.4% |
| BKLN | FI · Senior Bank Loans | 19.7% |
| VWOB | FI · EM Bonds USD | 12.9% |