Pax Balanced Individual Investor
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.7%
1 yr return
-13.3%
3 Yr Avg Return
0.6%
5 Yr Avg Return
1.8%
Net Assets
$2.31 B
Holdings in Top 10
94.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PAXWX - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return 0.6%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.80%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NamePax Sustainable Allocation Fund
-
Fund Family NamePax World
-
Inception DateAug 10, 1971
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAnthony Trzcinka
PAXWX - Performance
Return Ranking - Trailing
Period | PAXWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -24.7% | 108.5% | 9.90% |
1 Yr | -13.3% | -28.1% | 109.1% | 70.22% |
3 Yr | 0.6%* | -9.5% | 25.6% | 18.72% |
5 Yr | 1.8%* | -8.8% | 23.4% | 19.82% |
10 Yr | -0.2%* | -4.9% | 8.6% | 61.41% |
* Annualized
Return Ranking - Calendar
Period | PAXWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -21.4% | -39.0% | 92.4% | 79.33% |
2021 | 4.9% | -6.1% | 39.6% | 20.17% |
2020 | 4.1% | -21.9% | 14.5% | 11.81% |
2019 | 2.5% | -15.9% | 6.3% | 78.74% |
2018 | -1.4% | -12.6% | 61.5% | 11.31% |
Total Return Ranking - Trailing
Period | PAXWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -24.7% | 108.5% | 10.03% |
1 Yr | -13.3% | -28.1% | 109.1% | 70.86% |
3 Yr | 0.6%* | -9.5% | 25.6% | 21.21% |
5 Yr | 2.4%* | -8.8% | 23.4% | 23.60% |
10 Yr | 4.7%* | -4.9% | 11.0% | 22.52% |
* Annualized
Total Return Ranking - Calendar
Period | PAXWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -21.4% | -39.0% | 92.4% | 79.33% |
2021 | 4.9% | -6.1% | 39.6% | 20.31% |
2020 | 4.1% | -21.9% | 14.5% | 11.81% |
2019 | 2.5% | -11.5% | 6.3% | 79.62% |
2018 | -0.8% | -12.6% | 61.5% | 13.57% |
NAV & Total Return History
PAXWX - Holdings
Concentration Analysis
PAXWX | Category Low | Category High | PAXWX % Rank | |
---|---|---|---|---|
Net Assets | 2.31 B | 658 K | 207 B | 26.04% |
Number of Holdings | 10 | 2 | 15351 | 90.86% |
Net Assets in Top 10 | 2.2 B | -6.38 M | 48.5 B | 16.88% |
Weighting of Top 10 | 94.49% | 8.4% | 100.0% | 10.80% |
Top 10 Holdings
- Pax Large Cap Fund Institutional 41.69%
- Pax Core Bond Fund Institutional 30.56%
- Pax International Sustainable Econ Instl 5.53%
- Pax High Yield Bond Institutional 3.58%
- Pax Global Sustainable Infrastruct Instl 3.14%
- Pax Small Cap Institutional 2.68%
- Pax Ellevate Global Women's Leader Instl 2.60%
- Pax Global Opportunities Institutional 2.50%
- Pax Global Environmental Markets Instl 2.28%
Asset Allocation
Weighting | Return Low | Return High | PAXWX % Rank | |
---|---|---|---|---|
Stocks | 59.38% | 0.00% | 99.40% | 50.51% |
Bonds | 32.13% | -82.31% | 116.75% | 59.39% |
Cash | 7.98% | -16.75% | 158.07% | 16.37% |
Convertible Bonds | 0.51% | 0.00% | 23.84% | 48.35% |
Preferred Stocks | 0.01% | 0.00% | 27.92% | 62.44% |
Other | 0.00% | -6.69% | 48.03% | 63.83% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PAXWX % Rank | |
---|---|---|---|---|
Technology | 23.22% | 0.00% | 48.68% | 19.21% |
Healthcare | 14.37% | 0.00% | 39.78% | 35.50% |
Industrials | 13.17% | 0.00% | 33.21% | 11.07% |
Financial Services | 12.38% | 0.00% | 60.22% | 79.13% |
Communication Services | 9.52% | 0.00% | 100.00% | 9.80% |
Consumer Cyclical | 7.69% | 0.00% | 20.19% | 73.92% |
Consumer Defense | 7.01% | 0.00% | 22.62% | 41.73% |
Real Estate | 5.49% | 0.00% | 65.01% | 24.55% |
Basic Materials | 4.31% | 0.00% | 33.35% | 43.13% |
Utilities | 2.85% | 0.00% | 99.55% | 55.85% |
Energy | 0.00% | 0.00% | 85.65% | 94.91% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PAXWX % Rank | |
---|---|---|---|---|
US | 49.05% | -1.65% | 98.67% | 43.40% |
Non US | 10.33% | -0.44% | 56.67% | 52.28% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PAXWX % Rank | |
---|---|---|---|---|
Corporate | 33.31% | 0.00% | 98.21% | 44.04% |
Securitized | 23.71% | 0.00% | 92.13% | 30.33% |
Government | 22.09% | 0.00% | 97.26% | 63.96% |
Cash & Equivalents | 19.64% | 0.14% | 100.00% | 17.77% |
Municipal | 1.26% | 0.00% | 87.00% | 12.56% |
Derivative | 0.00% | 0.00% | 31.93% | 50.63% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PAXWX % Rank | |
---|---|---|---|---|
US | 26.54% | -82.31% | 80.50% | 62.94% |
Non US | 5.59% | 0.00% | 84.73% | 26.27% |
PAXWX - Expenses
Operational Fees
PAXWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.89% | 0.06% | 7.62% | 56.38% |
Management Fee | 0.05% | 0.00% | 1.83% | 20.26% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 25.76% |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
PAXWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PAXWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
PAXWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 343.00% | 1.03% |
PAXWX - Distributions
Dividend Yield Analysis
PAXWX | Category Low | Category High | PAXWX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.49% | 0.00% | 44.83% | 38.40% |
Dividend Distribution Analysis
PAXWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
PAXWX | Category Low | Category High | PAXWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.80% | -2.34% | 19.41% | 67.61% |
Capital Gain Distribution Analysis
PAXWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 29, 2022 | $0.230 | OrdinaryDividend |
Jun 29, 2021 | $0.210 | OrdinaryDividend |
Jun 26, 2020 | $0.245 | OrdinaryDividend |
Jun 27, 2019 | $0.291 | OrdinaryDividend |
Jun 27, 2018 | $0.399 | OrdinaryDividend |
Jun 21, 2013 | $0.181 | OrdinaryDividend |
Dec 20, 2012 | $0.153 | OrdinaryDividend |
Jun 21, 2012 | $0.214 | OrdinaryDividend |
Dec 22, 2011 | $0.120 | OrdinaryDividend |
Jun 22, 2011 | $0.170 | OrdinaryDividend |
Dec 22, 2010 | $0.193 | OrdinaryDividend |
Jun 22, 2010 | $0.129 | OrdinaryDividend |
Dec 22, 2009 | $0.151 | OrdinaryDividend |
Jun 22, 2009 | $0.162 | OrdinaryDividend |
Dec 22, 2008 | $0.211 | OrdinaryDividend |
Jun 20, 2008 | $0.192 | OrdinaryDividend |
Dec 20, 2007 | $0.245 | OrdinaryDividend |
Jun 18, 2007 | $0.205 | OrdinaryDividend |
PAXWX - Fund Manager Analysis
Managers
Anthony Trzcinka
Start Date
Tenure
Tenure Rank
Dec 31, 2005
16.42
16.4%
Anthony Trzcinka is SVP and Portfolio Manager of the Impax Core Bond Strategy at Impax Asset Management LLC and a Senior Vice President at Pax World Funds. Tony is also a member of the portfolio management team of the Impax Sustainable Allocation Strategy. Tony has been responsible for multiple strategies during his tenure at Impax Asset Management LLC. He joined the firm in 2003 from AEW Capital Management where he spent over three years as an Assistant Vice President working in a Senior Analyst role. He began his financial services career as an analyst in 1999.
Nathan Moser
Start Date
Tenure
Tenure Rank
Jan 02, 2015
7.41
7.4%
Nathan Moser is SVP and Portfolio Manager of the Impax Small Cap Strategy at Impax Asset Management LLC and a Senior Vice President at Pax World Funds. Nathan is also a member of the portfolio management team of the Impax Sustainable Allocation Strategy. Nathan has been responsible for management of the Impax Small Cap Strategy since its inception in 2008 and has been a member of the portfolio management team of the Impax Sustainable Allocation Strategy since 2015. He joined the firm in 2008 from Citizens Funds, where he worked for six years, first as an equity analyst and then as portfolio manager. He started his career with John Hancock Funds, where he was an equity analyst. Nathan holds a Bachelor of Science from Babson College, is a CFA® charterholder and member of the CFA Society Boston. CFA® is a trademark owned by the CFA Institute.
Andrew Braun
Start Date
Tenure
Tenure Rank
Sep 30, 2017
4.67
4.7%
Andrew Braun is a Portfolio Manager of the Impax Large Cap Strategy at Impax Asset Management LLC and is a Senior Vice President at Pax World Funds. He is also a member of the portfolio management team of the Impax Sustainable Allocation Strategy. Prior to joining the firm in 2017, Andy was Managing Director on the Value Equity Team at Goldman Sachs Asset Management, where he led a team of 30 portfolio managers and analysts. Andy joined Goldman Sachs Asset Management as a Product Development Associate in the Product Development Group in 1993.
Peter Schwab
Start Date
Tenure
Tenure Rank
Sep 30, 2017
4.67
4.7%
Peter Schwab is SVP and Portfolio Manager of the Impax High Yield Bond Strategy at Impax Asset Management LLC and a Senior Vice President at Pax World Funds. Peter is also a member of the portfolio management team of the Impax Sustainable Allocation Strategy. Prior to joining the firm, Peter was a Managing Director on the High Yield Bond and Loan Team at Goldman Sachs Asset Management. Peter joined Goldman Sachs Asset Management as a Senior Sector Analyst in 2000 and was promoted to Director of High Yield Research in 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 34.51 | 6.26 | 2.41 |