Pax Mid Cap FundPWMDXPMIDX

High conviction strategy with strong emphasis on risk management 

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 04/30/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Mid Cap Fund - Investor Class0.64-3.94-1.627.009.62
Mid Cap Fund - Institutional Class0.73-3.94-1.537.229.85
Russell Midcap Index-0.15-4.22-0.6111.178.2811.779.4813.89
Lipper Mid-Cap Core Funds Index-0.05-4.21-0.989.337.3410.758.5813.65
Quarterly Total Returns
(As of 03/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Mid Cap Fund - Investor Class0.18-2.24-2.246.429.71
Mid Cap Fund - Institutional Class0.09-2.24-2.246.639.90
Russell Midcap Index0.06-0.46-0.4612.208.0112.0910.2114.63
Lipper Mid-Cap Core Funds Index-0.11-0.93-0.9310.037.1610.879.2414.31

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 04/30/2018)
 Value
Standard Deviation
Alpha
Beta
R-Squared 0
Standard Deviation
Alpha
Beta
R-Squared 0


Morningstar Ratings
(As of 04/30/2018)
 Overall3 Year5 Year10 Year
Mid Cap Fund - Investor Class - - - -
Mid Cap Fund - Institutional Class - - - -
# In Peer Group - - - -


Lipper Rankings
(As of 04/30/2018)
 Mid-Cap Core1 Year3 Year5 Year10 Year
Mid Cap Fund - Investor Class Percentile Rank 72
  Prime Rank 335
  # In Peer Group 466
Mid Cap Fund - Institutional Class Percentile Rank 69
  Prime Rank 318
  # In Peer Group 466


Net Asset Values
(As of 05/25/2018)
 N.A.V.% Change
Mid Cap Fund - Investor Class $11.03 -0.09
Mid Cap Fund - Institutional Class $11.04 -0.18

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 04/30/2018)


Portfolio Statistics
(As of 04/30/2018)
 Value
Assets (all share classes)$132,655,232
Number of Holdings (All)46
Turnover Ratio (12/31/2016)34


Top Sectors
(As of 04/30/2018)


Top Ten Holdings
(As of 04/30/2018)


Portfolio Management Team


Nathan Moser, CFA® - Portfolio Manager
Diederik Basch, CFA® - Senior Analyst