Pax Mid Cap FundPWMDXPMIDX

High conviction strategy with strong emphasis on risk management 

On May 7, 2019, the Funds' Board of Trustees voted to liquidate the assets of Pax Mid Cap Fund, effective July 15, 2019.

Overview


A core strategy focused on high quality companies at reasonable prices. The manager emphasizes downside risk management and a disciplined sell process.


Performance & Risk


Monthly Total Returns
(As of 05/31/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception
Pax Mid Cap Fund - Investor Class-4.11-1.8010.48-2.854.865.32
Pax Mid Cap Fund - Institutional Class-4.01-1.8010.60-2.675.115.56
Russell Midcap Index-6.14-1.7313.551.599.8710.25
Lipper Mid-Cap Core Funds Index-6.59-3.1411.22-2.947.988.57
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
Inception
Pax Mid Cap Fund - Investor Class0.2012.7412.74-0.056.356.35
Pax Mid Cap Fund - Institutional Class0.1012.7412.740.216.576.57
Russell Midcap Index0.8616.5416.546.4711.8211.84
Lipper Mid-Cap Core Funds Index-0.1614.6414.642.4210.1810.20

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.



Risk Statistics
(As of 05/31/2019)
 3 - Year
Standard Deviation 10.48
Alpha -0.24
Beta 0.79
R-Squared 94
Standard Deviation 10.47
Alpha -0.22
Beta 0.79
R-Squared 94


Morningstar Ratings
(As of 05/31/2019)
 Mid-Cap BlendOverall3 Year5 Year10 Year
Pax Mid Cap Fund - Investor Class Rating ★★ ★★ - -
Pax Mid Cap Fund - Institutional Class Rating ★★ ★★ - -
  # In Peer Group 373 373 - -

The Morningstar Rating is only calculated for funds with at least a three-year history. This Fund’s ratings will be available when it meets that criteria.


Lipper Rankings
(As of 05/31/2019)
 Mid-Cap Core1 Year3 Year5 Year10 Year
Pax Mid Cap Fund - Investor Class Percentile Rank 56 82
  Prime Rank 206 260
  # In Peer Group 369 319
Pax Mid Cap Fund - Institutional Class Percentile Rank 55 79
  Prime Rank 201 251
  # In Peer Group 369 319

Based on total returns.


Net Asset Values
(As of 06/19/2019)
 N.A.V.% Change
Pax Mid Cap Fund - Investor Class $10.41 0.29
Pax Mid Cap Fund - Institutional Class $10.43 0.38

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 05/31/2019)


Portfolio Statistics
(As of 05/31/2019)
 Value
Assets (all share classes)$89,158,259
Number of Holdings (All)42
Turnover Ratio (12/31/2018)50


Top Sectors
(As of 05/31/2019)


Top Ten Holdings
(As of 05/31/2019)