PXEAX: Pax Global Environmental Markets Fund - MutualFunds.com

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Pax Global Environmental Mrkts A

PXEAX - Snapshot

Vitals

  • YTD Return 9.0%
  • 3 Yr Annualized Return 8.3%
  • 5 Yr Annualized Return 12.1%
  • Net Assets $1.22 B
  • Holdings in Top 10 32.0%

52 WEEK LOW AND HIGH

$18.26
$11.51
$19.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare PXEAX to Popular International Large-Cap Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$53.13

+0.80%

$111.59 B

0.91%

$0.48

12.42%

0.75%

$51.22

+0.89%

$97.81 B

1.73%

$0.88

-2.03%

0.77%

$210.70

+0.97%

$20.97 B

-

-

4.79%

0.50%

$79.78

+0.87%

$20.25 B

2.30%

$1.88

-2.47%

0.08%

$162.98

+0.92%

$20.25 B

2.30%

$3.83

-1.40%

0.08%

PXEAX - Profile

Distributions

  • YTD Total Return 9.0%
  • 3 Yr Annualized Total Return 6.2%
  • 5 Yr Annualized Total Return 10.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.78%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Pax Global Environmental Markets Fund
  • Fund Family Name
    Pax World
  • Inception Date
    May 01, 2013
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Hubert Aarts

Fund Description

The fund follows a sustainable investing approach, combining rigorous financial analysis with equally rigorous environmental, social and governance (ESG) analysis in order to identify investments. Under normal market conditions, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in companies whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture and forestry.


PXEAX - Performance

Return Ranking - Trailing

Period PXEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% -35.0% 815.9% 22.43%
1 Yr 19.8% -24.8% 103.4% 24.00%
3 Yr 8.3%* -10.3% 33.4% 37.32%
5 Yr 12.1%* -1.9% 30.6% 27.16%
10 Yr 9.8%* -7.3% 18.9% 31.40%

* Annualized

Return Ranking - Calendar

Period PXEAX Return Category Return Low Category Return High Rank in Category (%)
2019 26.9% -38.3% 47.1% 20.60%
2018 -17.6% -54.2% 0.6% 70.93%
2017 22.5% -76.0% 54.1% 25.37%
2016 10.1% -14.4% 47.8% 3.72%
2015 -2.4% -36.4% 17.2% 34.27%

Total Return Ranking - Trailing

Period PXEAX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% -36.3% 815.9% 22.55%
1 Yr 13.2% -28.5% 103.4% 36.93%
3 Yr 6.2%* -10.3% 33.4% 47.70%
5 Yr 10.8%* -1.9% 30.6% 33.85%
10 Yr 9.2%* -7.3% 18.9% 37.60%

* Annualized

Total Return Ranking - Calendar

Period PXEAX Return Category Return Low Category Return High Rank in Category (%)
2019 26.9% -33.1% 47.1% 20.73%
2018 -17.6% -44.4% 1.8% 80.22%
2017 22.5% -6.5% 54.1% 48.23%
2016 10.1% -14.4% 47.8% 7.11%
2015 -2.4% -36.4% 18.6% 55.36%

NAV & Total Return History


PXEAX - Holdings

Concentration Analysis

PXEAX Category Low Category High PXEAX % Rank
Net Assets 1.22 B 100 112 B 22.54%
Number of Holdings 50 1 8821 70.01%
Net Assets in Top 10 323 M -7.03 M 32.5 B 26.27%
Weighting of Top 10 31.97% 4.0% 100.0% 44.86%

Top 10 Holdings

  1. Linde PLC 3.55%
  2. Waste Management Inc 3.53%
  3. IDEX Corp 3.42%
  4. Schneider Electric SE 3.27%
  5. Schneider Electric SE 3.27%
  6. Schneider Electric SE 3.27%
  7. Schneider Electric SE 3.27%
  8. Schneider Electric SE 3.27%
  9. Schneider Electric SE 3.27%
  10. Schneider Electric SE 3.27%

Asset Allocation

Weighting Return Low Return High PXEAX % Rank
Stocks
99.63% 0.00% 118.93% 13.19%
Cash
0.37% -483.97% 56.79% 82.41%
Preferred Stocks
0.00% 0.00% 4.09% 31.45%
Other
0.00% -0.36% 10.92% 34.61%
Convertible Bonds
0.00% 0.00% 4.10% 24.80%
Bonds
0.00% -0.05% 501.39% 30.44%

Stock Sector Breakdown

Weighting Return Low Return High PXEAX % Rank
Industrials
44.88% 0.00% 44.88% 0.34%
Technology
18.30% 0.00% 50.63% 57.38%
Basic Materials
10.21% 0.00% 39.74% 3.16%
Utilities
10.04% 0.00% 27.81% 3.61%
Healthcare
9.71% 0.00% 37.90% 89.29%
Consumer Cyclical
3.89% 0.00% 43.71% 93.35%
Real Estate
2.02% 0.00% 38.93% 40.25%
Consumer Defense
0.95% 0.00% 76.29% 94.48%
Financial Services
0.00% 0.00% 32.83% 98.76%
Energy
0.00% 0.00% 16.10% 74.75%
Communication Services
0.00% 0.00% 32.95% 97.86%

Stock Geographic Breakdown

Weighting Return Low Return High PXEAX % Rank
US
56.73% 0.00% 100.60% 42.50%
Non US
42.90% 0.00% 99.35% 44.42%

PXEAX - Expenses

Operational Fees

PXEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.01% 44.27% 50.66%
Management Fee 0.80% 0.00% 1.82% 69.42%
12b-1 Fee 0.25% 0.00% 1.00% 26.56%
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

PXEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 50.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PXEAX 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.

PXEAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.94% 395.00% 37.32%

PXEAX - Distributions

Dividend Yield Analysis

PXEAX Category Low Category High PXEAX % Rank
Dividend Yield 0.00% 0.00% 7.93% 29.10%

Dividend Distribution Analysis

PXEAX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

PXEAX Category Low Category High PXEAX % Rank
Net Income Ratio 0.78% -1.52% 12.65% 62.01%

Capital Gain Distribution Analysis

PXEAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

PXEAX - Fund Manager Analysis

Managers

Hubert Aarts


Start Date

Tenure

Tenure Rank

May 01, 2013

7.42

7.4%

Hubert serves as Co-Head of Listed Equities alongside Bruce Jenkyn-Jones. Together they are responsible for the development of the investment process, research and team. Hubert is Co-Portfolio Manager for Impax’s Leaders and Water Strategies. He also leads Impax's macro-economic research process. Hubert started his career in the investment industry in 1990 and joined Impax in January 2007. He has extensive experience investing in Pan-European equities as a portfolio manager at MeesPierson and Merrill Lynch Investment Managers, where he chaired the European Sector Strategy Group.

David Winborne


Start Date

Tenure

Tenure Rank

Feb 26, 2018

2.59

2.6%

David is co-manager of the Global Opportunities and Leaders strategies. He has global research responsibility and specialises in Energy Efficiency and Pollution Control. David researches stocks globally with a focus on the Technology and Telecommunications sectors. David joined Impax in 2015 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 for Tesco’s pension fund.

Sid Jha


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.75

0.8%

Sid is Co-Portfolio Manager of the Leaders strategy and a member of the Portfolio Construction team for the Water and Global Opportunities strategies. He has research responsibilities in the Energy Efficiency and Water environmental sub-sectors and also researches stocks with a focus on US-Healthcare. Sid joined Impax in 2014 after graduating from business school and interning with Impax's Listed Equity team over the summer and autumn of 2012. In his pre-MBA career, Sid worked as a clean technology consultant in India. Sid has an MBA with a focus in Finance from London Business School and a Bachelor of Arts in History and Political Science from Macalester College, where he graduated cum laude.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.32 6.0 0.75