On November 21, 2016, the Funds' Board of Trustees voted to liquidate the assets of Pax Sustainable Managers Capital Appreciation Fund and Pax Sustainable Managers Total Return Fund, effective February 15, 2017.  Details of the Funds’ final distribution are available here.

On February 23, 2017, the Board of Trustees of Pax World Funds Series Trust I voted to close the Class R shares of the Pax World Funds as of May 1, 2017. On or about May 1, 2017 all Class R shares will be automatically converted into Individual Investor Class shares of the same Fund. Accordingly, Class R shares are closed to new investors.