Pax MSCI EAFE ESG Leaders Index FundPXINXPXNIX

Diversified international portfolio targeting ESG leaders 

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 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
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class1.30-4.480.2111.663.534.735.10
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class1.32-4.360.3311.903.815.015.38
MSCI EAFE ESG Leaders (Net) Index2.35-4.100.5712.804.625.895.97
MSCI EAFE (Net) Index2.28-4.090.7214.514.945.902.435.42
Lipper International Large-Cap Core Funds Index1.26-4.840.4213.824.715.822.035.07
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
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class-0.54-1.07-1.0712.994.355.684.98
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class-0.44-0.98-0.9813.394.605.975.25
MSCI EAFE ESG Leaders (Net) Index-1.78-1.74-1.7412.995.196.535.70
MSCI EAFE (Net) Index-1.80-1.53-1.5314.805.556.502.745.13
Lipper International Large-Cap Core Funds Index-0.84-0.83-0.8315.395.636.492.434.95

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 11.00
Alpha -0.08
Beta 0.90
R-Squared 96
Standard Deviation 11.02
Alpha -0.05
Beta 0.90
R-Squared 95


Morningstar Ratings
(As of 04/30/2018)
 Overall3 Year5 Year10 Year
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class ★★ ★★ ★★ -
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class ★★ ★★ ★★ -
# In Peer Group 608 608 533 -


Lipper Rankings
(As of 04/30/2018)
 International Large-Cap Core1 Year3 Year5 Year10 Year
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class Percentile Rank 79 65 69
  Prime Rank 80 52 51
  # In Peer Group 102 81 74
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class Percentile Rank 77 59 61
  Prime Rank 78 47 45
  # In Peer Group 102 81 74


Net Asset Values
(As of 05/25/2018)
 N.A.V.% Change
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class $9.30 -0.53
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class $9.14 -0.54

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 04/30/2018)

Cash and equivalents equals 0.0%

Portfolio Statistics
(As of 04/30/2018)
 Value
Assets (all share classes)$684,519,761
Number of Holdings (All)335
Turnover Ratio (12/31/2016)42


Top Sectors
(As of 04/30/2018)


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


Portfolio Management Team


Scott LaBreche - Portfolio Manager

Pax World Sustainability Research Team
Greg Hasevlat, Sustainability Research Analyst, leads the team’s evaluation of Index companies’ ESG performance.