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 04/30/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
ESG Beta Dividend Fund - Investor Class-0.44-6.56-2.1710.1711.17
ESG Beta Dividend Fund - Institutional Class-0.35-6.39-1.9110.6511.52
Russell 1000 Index0.34-5.54-0.3513.1710.2512.849.1014.46
Lipper Equity Income Funds Index0.44-5.90-2.208.937.699.737.219.52
Quarterly Total Returns
(As of 03/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
ESG Beta Dividend Fund - Investor Class-2.67-1.74-1.7411.5112.36
ESG Beta Dividend Fund - Institutional Class-2.58-1.57-1.5711.9012.67
Russell 1000 Index-2.27-0.69-0.6913.9810.3913.179.6115.22
Lipper Equity Income Funds Index-1.73-2.63-2.638.987.9510.147.649.83

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.




Morningstar Ratings
(As of 04/30/2018)
 Overall3 Year5 Year10 Year
ESG Beta Dividend Fund - Investor Class - - - -
ESG Beta Dividend Fund - Institutional Class - - - -
# In Peer Group - - - -


Lipper Rankings
(As of 04/30/2018)
 Multi-Cap Core1 Year3 Year5 Year10 Year
ESG Beta Dividend Fund - Investor Class Percentile Rank 36
  Prime Rank 191
  # In Peer Group 540
ESG Beta Dividend Fund - Institutional Class Percentile Rank 29
  Prime Rank 155
  # In Peer Group 540


Net Asset Values
(As of 05/25/2018)
 N.A.V.% Change
ESG Beta Dividend Fund - Investor Class $11.57 -0.17
ESG Beta Dividend Fund - Institutional Class $11.59 -0.17

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 04/30/2018)


Portfolio Statistics
(As of 04/30/2018)
 Value
Assets (all share classes)$141,800,676
Number of Holdings (All)161
Turnover Ratio (12/31/2016)31


Top Sectors
(As of 04/30/2018)


Top Ten Holdings
(As of 04/30/2018)


Portfolio Management Team


Aperio Group
Subadvised by Aperio Group, a leading provider of custom index, SRI-ESG and factor-investing offerings.

Ran Leshem - Portfolio Manager, Aperio Group
Robert Tymoczko - Portfolio Manager, Aperio Group
Michael Branch, CFA® - Portfolio Manager, Aperio Group
Annie Tan - Portfolio Manager, Aperio Group

Pax World Sustainability Research Team
The team constructs the Pax Sustainability Score, a proprietary ranking of companies' ESG performance.