Pax ESG Beta Quality FundPXWGXPXGAXPWGIX

Smart beta strategy focused on quality, value and ESG factors 

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 08/31/2018)
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 Class3.118.068.4418.5813.3713.049.755.70
Pax ESG Beta Quality Fund - Class A53.077.988.3618.5613.3613.039.755.70
Pax ESG Beta Quality Fund - Institutional Class13.078.068.5918.8513.6413.3010.025.83
Russell 1000 Index3.457.7110.0719.8215.8414.3610.93
Lipper Multi-Cap Core Funds Index2.756.398.5018.8114.1412.659.82
Quarterly Total Returns
(As of 06/30/2018)
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 Class0.672.121.0313.519.2012.278.805.40
Pax ESG Beta Quality Fund - Class A50.622.120.9813.549.2012.298.805.40
Pax ESG Beta Quality Fund - Institutional Class10.672.181.1713.819.4812.569.075.53
Russell 1000 Index0.653.572.8514.5411.6413.3710.20
Lipper Multi-Cap Core Funds Index0.373.162.3613.6010.0811.969.12
5 Class A Inception date return since May 1, 2013 is 13.32 (annualized).
1 Institutional Class Inception date return since April 2, 2007 is 8.52 (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 08/31/2018)
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)-2.582.032.4212.0611.2511.769.145.42
Performance after Sales Charge
(As of 06/30/2018)
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)-4.92-3.49-4.567.327.1511.028.185.12



Morningstar Ratings
(As of 08/31/2018)
 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 1184 1184 1059 784


Lipper Rankings
(As of 08/31/2018)
 Multi-Cap Core1 Year3 Year5 Year10 Year
Pax ESG Beta Quality Fund - Investor Class Percentile Rank 41 48 39 43
  Prime Rank 316 316 224 196
  # In Peer Group 772 663 580 466
Pax ESG Beta Quality Fund - Class A Percentile Rank 42 48 39 42
  Prime Rank 319 317 225 195
  # In Peer Group 772 663 580 466
Pax ESG Beta Quality Fund - Institutional Class Percentile Rank 38 45 33 36
  Prime Rank 291 297 189 166
  # In Peer Group 772 663 580 466


Net Asset Values
(As of 09/21/2018)
 N.A.V.% Change
Pax ESG Beta Quality Fund - Investor Class $21.30 0.09
Pax ESG Beta Quality Fund - Institutional Class $21.90 0.09
Pax ESG Beta Quality Fund - Class A $21.24 0.05

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 08/31/2018)


Portfolio Statistics
(As of 08/31/2018)
 Value
Assets (all share classes)$223,134,781
Number of Holdings (All)154
Turnover Ratio (12/31/2017)36


Top Sectors
(As of 08/31/2018)


Top Ten Holdings
(As of 08/31/2018)