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.
QUALITY
The Fund weights its portfolio toward companies with higher profitability, higher earnings quality and lower volatility relative to the market.
VALUE
The value component is measured by a combination of historical and forecasted earnings-based valuation measures.
ESG
The Fund weights its portfolio toward companies with stronger ESG characteristics, as identified by Impax’s proprietary ESG scoring framework.
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 | 1.17 | 2.12 | 19.80 | 12.69 | 13.58 | 9.09 | 12.44 | |
Pax ESG Beta Quality Fund - Class A5 | 1.18 | 2.13 | 19.73 | 12.68 | 13.59 | 9.10 | 12.45 | |
Pax ESG Beta Quality Fund - Institutional Class | 1.19 | 2.20 | 19.97 | 12.98 | 13.86 | 9.36 | 12.73 | |
Russell 1000 Index | 2.12 | 1.99 | 23.09 | 14.15 | 14.73 | 10.55 | 13.72 | |
Lipper Multi-Cap Core Funds Index | 2.13 | 1.34 | 21.27 | 11.98 | 12.72 | 8.78 | 12.07 |
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 | 2.30 | 2.71 | 18.41 | 4.59 | 12.43 | 9.55 | 12.06 | |
Pax ESG Beta Quality Fund - Class A5 | 2.25 | 2.67 | 18.33 | 4.61 | 12.42 | 9.56 | 12.07 | |
Pax ESG Beta Quality Fund - Institutional Class | 2.28 | 2.73 | 18.56 | 4.88 | 12.69 | 9.83 | 12.34 | |
Russell 1000 Index | 1.73 | 1.42 | 20.53 | 3.87 | 13.19 | 10.62 | 13.23 | |
Lipper Multi-Cap Core Funds Index | 1.85 | 0.49 | 18.74 | 0.98 | 11.09 | 8.82 | 11.50 |
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.
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) | -4.40 | -3.50 | 13.15 | 6.49 | 11.47 | 7.88 | 11.82 |
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) | -3.36 | -2.99 | 11.83 | -1.16 | 10.31 | 8.33 | 11.43 |
Large Blend | Overall | 3 Year | 5 Year | 10 Year | |
---|---|---|---|---|---|
Pax ESG Beta Quality Fund - Investor Class | Rating | ★★★ | ★★★ | ★★★ | ★★★ |
Pax ESG Beta Quality Fund - Class A | Rating | ★★★ | ★★★ | ★★★ | ★★★ |
Pax ESG Beta Quality Fund - Institutional Class | Rating | ★★★ | ★★★ | ★★★ | ★★★ |
# In Peer Group | 1198 | 1198 | 1058 | 801 |
Based on risk adjusted returns.
Multi-Cap Core | 1 Year | 3 Year | 5 Year | 10 Year | |
---|---|---|---|---|---|
Pax ESG Beta Quality Fund - Investor Class | Percentile Rank | 41 | 36 | 35 | 40 |
Prime Rank | 296 | 229 | 193 | 163 | |
# In Peer Group | 737 | 637 | 552 | 415 | |
Pax ESG Beta Quality Fund - Class A | Percentile Rank | 41 | 36 | 35 | 39 |
Prime Rank | 298 | 228 | 192 | 161 | |
# In Peer Group | 737 | 637 | 552 | 415 | |
Pax ESG Beta Quality Fund - Institutional Class | Percentile Rank | 37 | 31 | 28 | 32 |
Prime Rank | 269 | 197 | 150 | 130 | |
# In Peer Group | 737 | 637 | 552 | 415 |
Based on total returns.
Past performance does not guarantee future results.
Portfolio Management Team
Aperio Group
Subadvised by Aperio Group, a leading provider of custom index, SRI-ESG and factor-investing offerings.
Impax World Sustainability Research Team
The team constructs the Impax Sustainability Score, a proprietary ranking of companies' ESG performance.