Pax MSCI EAFE ESG Leaders Index FundPXINXPXNIX

Diversified international portfolio targeting ESG leaders 

MORNINGSTAR RATING 
★★★★
Out of 611 Foreign Large Blend Funds based on risk adjusted returns as of 9/30/19

Overview


An index-based strategy that tracks the performance of the MSCI EAFE ESG Leaders Index, consisting of equity securities with favorable ESG ratings in developed markets excluding the U.S. and Canada. The Fund offers broadly diversified international equity exposure while integrating ESG factors into portfolio construction.


Performance & Risk


Monthly Total Returns
(As of 09/30/2019)
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 MSCI EAFE ESG Leaders Index Fund - Investor Class3.51-0.3413.21-0.575.602.964.02
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class3.58-0.3413.34-0.305.833.234.28
MSCI EAFE ESG Leaders (Net) Index3.47-0.1614.070.036.233.844.75
MSCI EAFE (Net) Index2.87-1.0712.80-1.346.483.274.09
Lipper International Large-Cap Core Funds Index3.36-0.8511.17-3.445.332.433.44
Quarterly Total Returns
(As of 09/30/2019)
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 MSCI EAFE ESG Leaders Index Fund - Investor Class3.51-0.3413.21-0.575.602.964.02
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class3.58-0.3413.34-0.305.833.234.28
MSCI EAFE ESG Leaders (Net) Index3.47-0.1614.070.036.233.844.75
MSCI EAFE (Net) Index2.87-1.0712.80-1.346.483.274.09
Lipper International Large-Cap Core Funds Index3.36-0.8511.17-3.445.332.433.44

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 09/30/2019)
 3 - Year
Standard Deviation 10.83
Alpha -0.05
Beta 0.97
R-Squared 96
Standard Deviation 10.91
Alpha -0.04
Beta 0.98
R-Squared 96


Morningstar Ratings
(As of 09/30/2019)
 Foreign Large BlendOverall3 Year5 Year10 Year
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class Rating ★★★ ★★★ ★★★ -
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class Rating ★★★★ ★★★ ★★★★ -
  # In Peer Group 611 611 489 -

Based on risk adjusted returns.


Lipper Rankings
(As of 09/30/2019)
 International Large-Cap Core1 Year3 Year5 Year10 Year
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class Percentile Rank 25 42 25
  Prime Rank 21 31 15
  # In Peer Group 87 74 62
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class Percentile Rank 19 36 17
  Prime Rank 16 26 10
  # In Peer Group 87 74 62

Based on total returns.


Net Asset Values
(As of 10/22/2019)
 N.A.V.% Change
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class $9.08 -0.22
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class $8.91 -0.22

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 09/30/2019)


Portfolio Statistics
(As of 09/30/2019)
 Value
Assets (all share classes)$577,576,675
Number of Holdings (All)343
Turnover Ratio (12/31/2018)30


Regions
(As of 09/30/2019)


Country Allocation
(As of 09/30/2019)
 Portfolio %
Australia 9.70
Austria 0.20
Belgium 0.60
Denmark 2.60
Finland 0.70
France 9.90
Germany 10.40
Hong Kong 2.40
Ireland 0.80
Israel 0.30
Italy 1.30
Japan 23.70
Netherlands 5.90
New Zealand 0.20
Norway 0.90
Portugal 0.30
Singapore 1.70
Spain 3.90
Sweden 3.30
Switzerland 7.70
United Kingdom 12.30


Top Sectors
(As of 09/30/2019)


Top Ten Holdings
(As of 09/30/2019)