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 03/31/2019)
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 Class1.2014.6114.610.9610.385.6012.165.59
Pax Global Environmental Markets Fund - Class A51.2014.5614.560.9610.365.6012.165.59
Pax Global Environmental Markets Fund - Institutional Class1.2514.7514.751.2310.665.8612.465.85
MSCI ACWI (Net) Index1.2612.1812.182.6010.676.4511.985.26
FTSE Environmental Opportunities Index Series1.3713.3813.380.5512.327.0513.20
Quarterly Total Returns
(As of 03/31/2019)
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 Class1.2014.6114.610.9610.385.6012.165.59
Pax Global Environmental Markets Fund - Class A51.2014.5614.560.9610.365.6012.165.59
Pax Global Environmental Markets Fund - Institutional Class1.2514.7514.751.2310.665.8612.465.85
MSCI ACWI (Net) Index1.2612.1812.182.6010.676.4511.985.26
FTSE Environmental Opportunities Index Series1.3713.3813.380.5512.327.0513.20
5 Class A (NAV) Inception date return since May 1, 2013 is 8.24 (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 03/31/2019)
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)-4.358.278.27-4.598.304.4011.545.05
Performance after Sales Charge
(As of 03/31/2019)
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)-4.358.278.27-4.598.304.4011.545.05


Risk Statistics
(As of 03/31/2019)
 3 - Year
Standard Deviation 11.88
Alpha -0.10
Beta 1.11
R-Squared 85
Standard Deviation
Alpha
Beta
R-Squared 0
Standard Deviation 11.91
Alpha -0.08
Beta 1.11
R-Squared 85


Morningstar Ratings
(As of 03/31/2019)
 World Large StockOverall3 Year5 Year10 Year
Pax Global Environmental Markets Fund - Investor Class Rating ★★★ ★★★ ★★★ ★★★
Pax Global Environmental Markets Fund - Class A (Load) Rating - - - -
Pax Global Environmental Markets Fund - Class A Rating ★★★ ★★★ ★★★ ★★★
Pax Global Environmental Markets Fund - Institutional Class Rating ★★★ ★★★ ★★★ ★★★
  # In Peer Group 732 732 617 370

Based on risk adjusted returns.


Lipper Rankings
(As of 03/31/2019)
 Lipper Global Multi-Cap Core1 Year3 Year5 Year10 Year
Pax Global Environmental Markets Fund - Investor Class Percentile Rank 56 37 66 49
  Prime Rank 91 47 74 39
  # In Peer Group 165 128 113 80
Pax Global Environmental Markets Fund - Class A Percentile Rank 55 38 65 47
  Prime Rank 90 48 73 37
  # In Peer Group 165 128 113 80
Pax Global Environmental Markets Fund - Institutional Class Percentile Rank 50 32 56 32
  Prime Rank 82 40 63 25
  # In Peer Group 165 128 113 80

Based on total returns.


Net Asset Values
(As of 04/16/2019)
 N.A.V.% Change
Pax Global Environmental Markets Fund - Investor Class $15.72 -0.13
Pax Global Environmental Markets Fund - Institutional Class $15.83 -0.13
Pax Global Environmental Markets Fund - Class A $15.69 -0.13

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 03/31/2019)


Portfolio Statistics
(As of 03/31/2019)
 Value
Assets (all share classes)$748,319,674
Number of Holdings (All)47
Turnover Ratio (12/31/2018)26


Top Sectors
(As of 03/31/2019)

 


Top Ten Holdings
(As of 03/31/2019)