Pax ESG Beta Dividend FundPAXDXPXDIX

Smart beta strategy focused on dividend and ESG factors 

Overview


Factor-based strategy that focuses on U.S. large cap companies’ ESG strength, dividend yield and ability to sustain future dividend payouts — well-established factors that have demonstrated the potential to reward investors over long time periods.


Performance & Risk


Monthly Total Returns
(As of 09/30/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception
Pax ESG Beta Dividend Fund - Investor Class2.492.2317.263.2810.69
Pax ESG Beta Dividend Fund - Institutional Class2.562.3117.543.6011.00
Russell 1000 Index1.731.4220.533.8712.41
Lipper Equity Income Funds Index2.932.5818.665.879.36
Quarterly Total Returns
(As of 09/30/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception
Pax ESG Beta Dividend Fund - Investor Class2.492.2317.263.2810.69
Pax ESG Beta Dividend Fund - Institutional Class2.562.3117.543.6011.00
Russell 1000 Index1.731.4220.533.8712.41
Lipper Equity Income Funds Index2.932.5818.665.879.36

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.



Risk Statistics
(As of 09/30/2019)
 Since Inception - 33 Months
Standard Deviation 12.02
Alpha -0.08
Beta 0.95
R-Squared 97
Standard Deviation 11.97
Alpha -0.06
Beta 0.95
R-Squared 98


Morningstar Ratings
(As of 09/30/2019)
 Large BlendOverall3 Year5 Year10 Year
Pax ESG Beta Dividend Fund - Investor Class Rating - - - -
Pax ESG Beta Dividend Fund - Institutional Class Rating - - - -
  # In Peer Group - - - -

The Morningstar Rating is only calculated for funds with at least a three-year history. This Fund’s ratings will be available when it meets that criteria.


Lipper Rankings
(As of 09/30/2019)
 Multi-Cap Core1 Year3 Year5 Year10 Year
Pax ESG Beta Dividend Fund - Investor Class Percentile Rank 58
  Prime Rank 314
  # In Peer Group 542
Pax ESG Beta Dividend Fund - Institutional Class Percentile Rank 54
  Prime Rank 292
  # In Peer Group 542

Based on total returns.


Net Asset Values
(As of 10/22/2019)
 N.A.V.% Change
Pax ESG Beta Dividend Fund - Investor Class $12.39 -0.24
Pax ESG Beta Dividend Fund - Institutional Class $12.43 -0.24

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 09/30/2019)


Portfolio Statistics
(As of 09/30/2019)
 Value
Assets (all share classes)$123,128,573
Number of Holdings (All)159
Turnover Ratio (12/31/2018)52


Top Sectors
(As of 09/30/2019)


Top Ten Holdings
(As of 09/30/2019)