Pax ESG Beta Quality FundPXWGXPXGAXPWGIX

Smart beta strategy focused on quality, value and ESG factors 

MORNINGSTAR RATING 
★★★★
Out of 1218 Large Blend Funds based on risk adjusted returns as of 10/31/18
MORNINGSTAR RATING 
★★★★
Out of 1218 Large Blend Funds based on risk adjusted returns as of 10/31/18

Overview


Factor-based strategy that focuses on U.S. large cap companies’ ESG strength, profitability, earnings quality, risk and valuations — well-established factors that have demonstrated the potential to reward investors over long time periods.


Performance & Risk


Monthly Total Returns
(As of 10/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax ESG Beta Quality Fund - Investor Class-6.10-3.401.596.149.179.7813.135.33
Pax ESG Beta Quality Fund - Class A5-6.07-3.411.546.159.199.7913.135.34
Pax ESG Beta Quality Fund - Institutional Class1-6.07-3.411.766.339.4310.0513.405.47
Russell 1000 Index-7.08-3.512.676.9811.3111.0513.42
Lipper Multi-Cap Core Funds Index-7.90-5.37-0.073.979.809.1012.55
Quarterly Total Returns
(As of 09/30/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax ESG Beta Quality Fund - Investor Class-0.247.098.1916.1214.5012.0211.165.67
Pax ESG Beta Quality Fund - Class A5-0.247.068.1116.1014.5012.0111.165.67
Pax ESG Beta Quality Fund - Institutional Class1-0.237.098.3416.3314.7512.2811.435.80
Russell 1000 Index0.387.4210.4917.7617.0713.6712.09
Lipper Multi-Cap Core Funds Index6.018.5015.2515.4911.7611.13
5 Class A Inception date return since May 1, 2013 is 11.56 (annualized).
1 Institutional Class Inception date return since April 2, 2007 is 7.79 (annualized).

A 1.00% CDSC (contingent deferred sales charge) may be charged on any shares sold within 18 months of purchase over $1 million. POP (public offering price) reflects the maximum sales load for the Fund’s Class A Shares of 5.50%.

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.


Performance after Sales Charge
(As of 10/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax ESG Beta Quality Fund - Class A (Load)-11.25-8.71-4.020.337.168.5512.495.06
Performance after Sales Charge
(As of 09/30/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax ESG Beta Quality Fund - Class A (Load)-5.721.152.189.7412.3510.7510.535.39



Morningstar Ratings
(As of 10/31/2018)
 Overall3 Year5 Year10 Year
Pax ESG Beta Quality Fund - Investor Class ★★★★ ★★★ ★★★ ★★★★
Pax ESG Beta Quality Fund - Class A (Load) - - - -
Pax ESG Beta Quality Fund - Class A ★★★ ★★★ ★★★ ★★★★
Pax ESG Beta Quality Fund - Institutional Class ★★★★ ★★★ ★★★ ★★★★
# In Peer Group 1218 1218 1084 817


Lipper Rankings
(As of 10/31/2018)
 Multi-Cap Core1 Year3 Year5 Year10 Year
Pax ESG Beta Quality Fund - Investor Class Percentile Rank 31 49 34 23
  Prime Rank 238 328 202 107
  # In Peer Group 785 682 599 477
Pax ESG Beta Quality Fund - Class A Percentile Rank 30 48 34 23
  Prime Rank 235 324 200 105
  # In Peer Group 785 682 599 477
Pax ESG Beta Quality Fund - Institutional Class Percentile Rank 28 43 29 17
  Prime Rank 216 293 173 77
  # In Peer Group 785 682 599 477


Net Asset Values
(As of 11/13/2018)
 N.A.V.% Change
Pax ESG Beta Quality Fund - Investor Class $20.19
Pax ESG Beta Quality Fund - Institutional Class $20.76
Pax ESG Beta Quality Fund - Class A $20.13 -0.05

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 10/31/2018)


Portfolio Statistics
(As of 10/31/2018)
 Value
Assets (all share classes)$208,191,299
Number of Holdings (All)154
Turnover Ratio (12/31/2017)36


Top Sectors
(As of 10/31/2018)


Top Ten Holdings
(As of 10/31/2018)