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 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
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 12.25 (annualized).
1 Institutional Class Inception date return since April 2, 2007 is 7.97 (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 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
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 06/30/2018)
 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 1166 1166 1042 776


Lipper Rankings
(As of 06/30/2018)
 Multi-Cap Core1 Year3 Year5 Year10 Year
Pax ESG Beta Quality Fund - Investor Class Percentile Rank 40 53 39 53
  Prime Rank 314 350 225 246
  # In Peer Group 785 662 589 473
Pax ESG Beta Quality Fund - Class A Percentile Rank 40 54 38 52
  Prime Rank 312 352 220 245
  # In Peer Group 785 662 589 473
Pax ESG Beta Quality Fund - Institutional Class Percentile Rank 37 48 32 45
  Prime Rank 289 314 187 210
  # In Peer Group 785 662 589 473


Net Asset Values
(As of 07/16/2018)
 N.A.V.% Change
Pax ESG Beta Quality Fund - Investor Class $20.34 -0.15
Pax ESG Beta Quality Fund - Institutional Class $20.90 -0.19
Pax ESG Beta Quality Fund - Class A $20.29 -0.15

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 06/30/2018)


Portfolio Statistics
(As of 06/30/2018)
 Value
Assets (all share classes)$210,216,651
Number of Holdings (All)157
Turnover Ratio (12/31/2016)36


Top Sectors
(As of 06/30/2018)


Top Ten Holdings
(As of 06/30/2018)