Commentary

July 25, 2018

Pax Global Environmental Markets Fund
Commentary Q2 2018

Read our portfolio manager commentary for highlights on quarterly Fund performance and portfolio positioning.
July 24, 2018

Pax Balanced Fund Commentary Q2 2018

Read our portfolio manager commentary for highlights on quarterly Fund performance and portfolio positioning.
July 24, 2018

Pax Large Cap Fund Commentary Q2 2018

Performance and Portfolio Update The Pax Large Cap Fund slightly underperformed the S&P 500 Index† during the second quarter, with stock selection and sector allocation detracting […]
July 24, 2018

Pax Small Cap Fund Commentary Q2 2018

Performance and Portfolio Update The Pax Small Cap Fund underperformed the Russell 2000 Index in the second quarter. Portfolio holdings within Financials, Energy and Consumer Discretionary […]
July 24, 2018

Pax MSCI EAFE ESG Leaders Index Fund Commentary Q2 2018

Performance and Portfolio Update In the second quarter, the Institutional share class of the Pax MSCI EAFE ESG Leaders Index Fund underperformed the MSCI EAFE Index […]
July 24, 2018

Pax Ellevate Global Women’s Leadership Fund Commentary Q2 2018

Performance and Portfolio Update In the second quarter, the Institutional share class of the Pax Ellevate Global Women’s Leadership Fund outperformed the MSCI World Index (World […]
July 24, 2018

Pax ESG Beta Dividend Fund Commentary Q2 2018

Performance and Portfolio Update The Pax ESG Beta Dividend Fund underperformed the benchmark Russell 1000 Index in the second quarter. The main drivers of the return […]
July 24, 2018

Pax Mid Cap Fund Commentary Q2 2018

Performance and Portfolio Update The Pax Mid Cap Fund underperformed the Russell Midcap Index in the second quarter. Portfolio holdings within Energy, Real Estate and Financials […]
July 24, 2018

Pax Core Bond Fund Commentary Q2 2018

Performance and Portfolio Update The Pax Core Bond Fund outperformed the Bloomberg Barclays U.S. Aggregate Index in the quarter. The main driver of outperformance was security […]
July 24, 2018

Pax High Yield Bond Fund Commentary Q2 2018

Performance and Portfolio Update The Pax High Yield Bond Fund trailed its benchmark by 40 basis points (bps)† in the quarter. Portfolio holdings in the Consumer […]