2017 Monthly Per Share Dividend Distributions

  Individual
Investor Class
Institutional
Class
January $0.015563854 $0.017548695
February $0.017109353 $0.018997364
March $0.018738621 $0.020859138
April $0.018266215 $0.020308037

2016 Monthly Per Share Dividend Distributions

  Individual
Investor Class
Institutional
Class
December $0.006731931 $0.00973468



2016 Total $0.006731931 $0.00973468

The inception date for the Pax Core Bond Fund is December 16, 2016.