PAXGX: Pax Global Opportunities Investor

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

PAXGX Pax Global Opportunities Investor


Profile

PAXGX - Profile

Vitals

  • YTD Return 1.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $42.1 M
  • Holdings in Top 10 35.7%

52 WEEK LOW AND HIGH

$12.17
$9.67
$12.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.06%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.14%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Pax Global Opportunities Fund Investor Class
  • Fund Family Name
    Pax World
  • Inception Date
    Jun 27, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kirsteen Morrison

Fund Description

Under normal market conditions, the Global Opportunities Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in companies that its Adviser or Sub-Adviser believe will benefit from the transition to a more sustainable global economy - the shift away from a depletive economy to one that preserves ecological and societal balance for the benefit of future generations. The Global Opportunities Fund may utilize derivatives for hedging and for investment purposes.


Get Updates About PAXGX

Sign up for Advisor Access to receive email updates about PAXGX competitors, news, CE accredited webcasts and more.


Categories

Performance

PAXGX - Performance

Return Ranking - Trailing

Period PAXGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -6.5% 8.4% 80.56%
1 Yr 26.4% -15.3% 73.0% 12.83%
3 Yr N/A* -7.9% 22.3% N/A
5 Yr N/A* -6.8% 25.6% N/A
10 Yr N/A* -8.3% 13.8% N/A

* Annualized

Return Ranking - Calendar

Period PAXGX Return Category Return Low Category Return High Rank in Category (%)
2019 31.2% -33.1% 69.4% 2.85%
2018 N/A -44.4% 0.0% N/A
2017 N/A -6.5% 38.1% N/A
2016 N/A -14.4% 201.4% N/A
2015 N/A -30.6% 18.9% N/A

Total Return Ranking - Trailing

Period PAXGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -6.5% 8.4% 80.56%
1 Yr 26.4% -15.3% 73.0% 11.30%
3 Yr N/A* -7.9% 22.3% N/A
5 Yr N/A* -6.8% 25.6% N/A
10 Yr N/A* -8.3% 13.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PAXGX Return Category Return Low Category Return High Rank in Category (%)
2019 31.2% -33.1% 69.4% 2.85%
2018 N/A -44.4% 1.8% N/A
2017 N/A -6.5% 41.7% N/A
2016 N/A -14.4% 201.4% N/A
2015 N/A -30.6% 19.6% N/A

NAV & Total Return History


Holdings

PAXGX - Holdings

Concentration Analysis

PAXGX Category Low Category High PAXGX % Rank
Net Assets 42.1 M 28.2 K 15.3 B 72.34%
Number of Holdings 42 1 1134 72.73%
Net Assets in Top 10 11.4 M -10.1 M 7.73 B 75.62%
Weighting of Top 10 35.68% 7.0% 265.5% 41.12%

Top 10 Holdings

  1. Microsoft Corp 4.08%
  2. Taiwan Semiconductor Manufacturing Co Ltd 3.82%
  3. HDFC Bank Ltd ADR 3.69%
  4. Prudential PLC 3.62%
  5. Visa Inc Class A 3.62%
  6. Danone SA 3.61%
  7. Thermo Fisher Scientific Inc 3.37%
  8. Linde PLC 3.36%
  9. IQVIA Holdings Inc 3.35%
  10. Xylem Inc 3.14%

Asset Allocation

Weighting Return Low Return High PAXGX % Rank
Stocks
98.73% 57.81% 107.54% 32.44%
Cash
1.27% -30.66% 38.61% 63.43%
Preferred Stocks
0.00% 0.00% 7.54% 55.17%
Other
0.00% -0.53% 49.81% 59.92%
Convertible Bonds
0.00% 0.00% 9.87% 50.41%
Bonds
0.00% -0.26% 16.15% 52.69%

Stock Sector Breakdown

Weighting Return Low Return High PAXGX % Rank
Financial Services
22.92% 0.00% 34.00% 10.54%
Healthcare
21.03% 0.00% 27.46% 8.06%
Technology
19.94% 0.00% 38.69% 18.18%
Basic Materials
11.57% 0.00% 41.17% 2.89%
Industrials
8.92% 0.00% 46.08% 72.11%
Consumer Defense
7.95% 0.00% 76.71% 63.22%
Consumer Cyclical
5.18% 0.00% 32.89% 87.81%
Communication Services
2.49% 0.00% 22.54% 78.51%
Utilities
0.00% 0.00% 32.49% 87.40%
Real Estate
0.00% 0.00% 21.02% 87.19%
Energy
0.00% 0.00% 14.14% 87.19%

Stock Geographic Breakdown

Weighting Return Low Return High PAXGX % Rank
Non US
52.93% 3.05% 75.49% 23.97%
US
45.80% 16.02% 79.84% 71.90%

Expenses

PAXGX - Expenses

Operational Fees

PAXGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.06% 0.01% 928.63% 21.83%
Management Fee 0.80% 0.00% 1.82% 74.30%
12b-1 Fee 0.25% 0.00% 1.00% 38.43%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

PAXGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PAXGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PAXGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 381.00% 18.90%

Distributions

PAXGX - Distributions

Dividend Yield Analysis

PAXGX Category Low Category High PAXGX % Rank
Dividend Yield 0.25% 0.00% 4.61% 26.85%

Dividend Distribution Analysis

PAXGX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

PAXGX Category Low Category High PAXGX % Rank
Net Income Ratio -0.14% -2.10% 11.37% 90.37%

Capital Gain Distribution Analysis

PAXGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PAXGX - Fund Manager Analysis

Managers

Kirsteen Morrison


Start Date

Tenure

Tenure Rank

Jun 27, 2018

1.51

1.5%

Ms. Morrison joined Impax Asset Management Ltd. in 2009 and has co-responsibility for the Global Opportunities strategy. She is also the lead analyst for the Financials sector, Japan and India. Ms. Morrison began her career in the investment industry in 1987, investing in Asian equities as a portfolio manager at Royal London and Henderson Global Investors. Ms. Morrison also worked within global equities as a financial analyst for Odey Asset Management. Prior to joining Odey, she managed a long/short financials portfolio for JP Morgan.

David Winborne


Start Date

Tenure

Tenure Rank

Jun 27, 2018

1.51

1.5%

David Winborne joined Impax in September 2015 as a senior portfolio manager on the listed equity team, He arrived from the in-house asset management team at Tesco Pension Investment, where he had joint responsibility for the successful development, launch and management of a new global equities investment platform. Prior to this, David was a fund manager at Sarasin & Partners. After graduating from the University of Bath, David began his career at Insight Investment on the Global Equities graduate scheme in 2003 as a global equity analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 34.57 4.92 5.84