Pax Global Environmental Markets FundPGRNXPXEAXPGINX

Investing in resource efficiency and environmental solutions 

Overview


A global thematic strategy investing in companies that are developing innovative solutions to resource challenges in four key areas: energy efficiency and renewable energy, water infrastructure, waste management, and sustainable food and agriculture.


Performance & Risk


Monthly Total Returns
(As of 01/31/2019)
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 Global Environmental Markets Fund - Investor Class8.434.158.43-10.3211.975.2311.245.13
Pax Global Environmental Markets Fund - Class A58.374.088.37-10.3911.965.2111.245.13
Pax Global Environmental Markets Fund - Institutional Class8.534.218.53-10.1212.295.5011.545.40
MSCI ACWI (Net) Index7.901.767.90-7.4811.626.7211.284.96
FTSE Environmental Opportunities Index Series7.313.557.31-11.3713.687.0312.33
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
Since
Inception1
Pax Global Environmental Markets Fund - Investor Class-7.20-13.57-14.31-14.316.212.809.494.38
Pax Global Environmental Markets Fund - Class A5-7.21-13.59-14.33-14.336.212.819.504.39
Pax Global Environmental Markets Fund - Institutional Class-7.27-13.59-14.17-14.176.463.059.774.64
MSCI ACWI (Net) Index-7.04-12.75-9.42-9.426.604.269.464.26
FTSE Environmental Opportunities Index Series-6.36-12.02-12.59-12.598.554.6610.56
5 Class A (NAV) Inception date return since May 1, 2013 is 7.43 (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 01/31/2019)
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 Global Environmental Markets Fund - Class A (Load)2.42-1.642.42-15.329.884.0310.624.59
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
Since
Inception1
Pax Global Environmental Markets Fund - Class A (Load)-12.32-18.33-19.06-19.064.241.668.883.85


Risk Statistics
(As of 01/31/2019)
 3 - Year
Standard Deviation 12.64
Alpha -0.06
Beta 1.11
R-Squared 86
Standard Deviation 12.68
Alpha -0.04
Beta 1.11
R-Squared 86


Morningstar Ratings
(As of 01/31/2019)
 Overall3 Year5 Year10 Year
Pax Global Environmental Markets Fund - Investor Class ★★★ ★★★★ ★★ ★★★
Pax Global Environmental Markets Fund - Class A (Load) - - - -
Pax Global Environmental Markets Fund - Class A ★★ ★★★ ★★ ★★★
Pax Global Environmental Markets Fund - Institutional Class ★★★ ★★★★ ★★ ★★★
# In Peer Group 732 732 627 364


Lipper Rankings
(As of 01/31/2019)
 Lipper Global Multi-Cap Core1 Year3 Year5 Year10 Year
Pax Global Environmental Markets Fund - Investor Class Percentile Rank 75 15 84 61
  Prime Rank 115 17 84 41
  # In Peer Group 154 116 101 68
Pax Global Environmental Markets Fund - Class A Percentile Rank 76 17 85 62
  Prime Rank 117 19 85 42
  # In Peer Group 154 116 101 68
Pax Global Environmental Markets Fund - Institutional Class Percentile Rank 74 13 77 49
  Prime Rank 113 15 77 33
  # In Peer Group 154 116 101 68

Net Asset Values
(As of 02/20/2019)
 N.A.V.% Change
Pax Global Environmental Markets Fund - Investor Class $14.92 0.67
Pax Global Environmental Markets Fund - Institutional Class $15.02 0.67
Pax Global Environmental Markets Fund - Class A $14.89 0.61

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 01/31/2019)


Portfolio Statistics
(As of 01/31/2019)
 Value
Assets (all share classes)$689,056,015
Number of Holdings (All)48
Turnover Ratio (12/31/2017)18


Top Sectors
(As of 01/31/2019)

 


Top Ten Holdings
(As of 01/31/2019)