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 02/28/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Pax ESG Beta Quality Fund - Investor Class3.110.9510.514.5913.508.9215.57
Pax ESG Beta Quality Fund - Class A53.060.9110.414.5613.488.9015.57
Pax ESG Beta Quality Fund - Institutional Class3.070.9810.484.8013.799.1815.85
Russell 1000 Index3.391.8412.054.9915.4310.3916.82
Lipper Multi-Cap Core Funds Index3.652.2713.033.2614.458.5715.67
Quarterly Total Returns
(As of 12/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Pax ESG Beta Quality Fund - Investor Class-8.64-11.67-4.43-4.437.367.1513.15
Pax ESG Beta Quality Fund - Class A5-8.61-11.60-4.43-4.437.387.1713.16
Pax ESG Beta Quality Fund - Institutional Class-8.60-11.54-4.16-4.167.647.4213.45
Russell 1000 Index-9.11-13.82-4.78-4.789.098.2113.28
Lipper Multi-Cap Core Funds Index-9.51-14.96-7.72-7.727.696.2512.33
5 Class A Inception date return since May 1, 2013 is 11.61 (annualized).

The performance information shown for Class A represents the performance of the Individual Investor Class shares for the period prior to Class A inception.

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 02/28/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Pax ESG Beta Quality Fund - Class A (Load)-2.59-4.654.35-1.1711.377.6814.92
Performance after Sales Charge
(As of 12/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Pax ESG Beta Quality Fund - Class A (Load)-13.65-16.47-9.67-9.675.375.9612.52


Risk Statistics
(As of 02/28/2019)
 Since Management Change - 32 Months
Standard Deviation 10.55
Alpha 0.01
Beta 0.92
R-Squared 97
Standard Deviation 10.50
Alpha 0.01
Beta 0.91
R-Squared 97
Standard Deviation 10.51
Alpha 0.03
Beta 0.91
R-Squared 97


Morningstar Ratings
(As of 02/28/2019)
 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 1215 1215 1076 809


Lipper Rankings
(As of 02/28/2019)
 Multi-Cap Core1 Year3 Year5 Year10 Year
Pax ESG Beta Quality Fund - Investor Class Percentile Rank 32 50 33 41
  Prime Rank 243 325 192 182
  # In Peer Group 762 656 584 452
Pax ESG Beta Quality Fund - Class A Percentile Rank 33 50 34 41
  Prime Rank 245 328 194 183
  # In Peer Group 762 656 584 452
Pax ESG Beta Quality Fund - Institutional Class Percentile Rank 30 44 28 33
  Prime Rank 228 288 160 148
  # In Peer Group 762 656 584 452


Net Asset Values
(As of 03/19/2019)
 N.A.V.% Change
Pax ESG Beta Quality Fund - Investor Class $19.48 -0.15
Pax ESG Beta Quality Fund - Institutional Class $20.06 -0.15
Pax ESG Beta Quality Fund - Class A $19.42 -0.15

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 02/28/2019)


Portfolio Statistics
(As of 02/28/2019)
 Value
Assets (all share classes)$214,002,349
Number of Holdings (All)160
Turnover Ratio (12/31/2018)55


Top Sectors
(As of 02/28/2019)


Top Ten Holdings
(As of 02/28/2019)