PXGOX: Pax Global Opportunities Institutional

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PXGOX Pax Global Opportunities Institutional

  • Fund
  • PXGOX
  • Price as of: Jan 17, 2020
  • $12.21
    + $0.05 + 0.41%

Profile

PXGOX - Profile

Vitals

  • YTD Return 1.4%
  • 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

$12.21
$9.63
$12.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.81%

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) $250,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Pax Global Opportunities Fund Institutional Class
  • Fund Family Name
    Pax World
  • Inception Date
    Jun 27, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Winborne

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.


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Categories

Performance

PXGOX - Performance

Return Ranking - Trailing

Period PXGOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -6.5% 8.7% 75.64%
1 Yr 25.4% -15.6% 35.9% 16.49%
3 Yr N/A* -7.5% 23.1% N/A
5 Yr N/A* -6.9% 25.6% N/A
10 Yr N/A* -9.1% 13.8% N/A

* Annualized

Return Ranking - Calendar

Period PXGOX Return Category Return Low Category Return High Rank in Category (%)
2019 31.2% -33.1% 69.4% 3.25%
2018 N/A -44.4% 0.0% N/A
2017 N/A -6.5% 43.5% 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 PXGOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -6.5% 8.7% 75.64%
1 Yr 25.4% -15.6% 35.9% 13.95%
3 Yr N/A* -7.5% 23.1% N/A
5 Yr N/A* -6.9% 25.6% N/A
10 Yr N/A* -9.1% 13.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PXGOX Return Category Return Low Category Return High Rank in Category (%)
2019 31.2% -33.1% 69.4% 3.25%
2018 N/A -44.4% 1.8% N/A
2017 N/A -6.5% 43.5% 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

PXGOX - Holdings

Concentration Analysis

PXGOX Category Low Category High PXGOX % Rank
Net Assets 42.1 M 28.2 K 15.3 B 72.67%
Number of Holdings 42 1 1134 71.63%
Net Assets in Top 10 11.4 M -10.1 M 7.73 B 75.92%
Weighting of Top 10 35.68% 7.0% 265.5% 41.84%

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 PXGOX % Rank
Stocks
98.73% 57.81% 107.54% 34.08%
Cash
1.27% -30.66% 38.61% 61.84%
Preferred Stocks
0.00% 0.00% 7.54% 28.37%
Other
0.00% -0.53% 49.81% 38.37%
Convertible Bonds
0.00% 0.00% 9.87% 22.04%
Bonds
0.00% -0.26% 16.15% 27.14%

Stock Sector Breakdown

Weighting Return Low Return High PXGOX % Rank
Financial Services
22.92% 0.00% 34.00% 10.41%
Healthcare
21.03% 0.00% 27.46% 7.96%
Technology
19.94% 0.00% 38.69% 20.82%
Basic Materials
11.57% 0.00% 41.17% 2.86%
Industrials
8.92% 0.00% 46.08% 72.24%
Consumer Defense
7.95% 0.00% 76.71% 62.45%
Consumer Cyclical
5.18% 0.00% 36.28% 87.96%
Communication Services
2.49% 0.00% 22.54% 77.76%
Utilities
0.00% 0.00% 32.49% 79.18%
Real Estate
0.00% 0.00% 21.02% 80.82%
Energy
0.00% 0.00% 14.14% 81.02%

Stock Geographic Breakdown

Weighting Return Low Return High PXGOX % Rank
Non US
52.93% 3.05% 75.49% 23.67%
US
45.80% 16.02% 79.84% 72.24%

Expenses

PXGOX - Expenses

Operational Fees

PXGOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.81% 0.01% 928.63% 31.25%
Management Fee 0.80% 0.00% 1.82% 70.83%
12b-1 Fee 0.00% 0.00% 1.00% 2.82%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

PXGOX 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

PXGOX 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.

PXGOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 381.00% 17.82%

Distributions

PXGOX - Distributions

Dividend Yield Analysis

PXGOX Category Low Category High PXGOX % Rank
Dividend Yield 0.30% 0.00% 4.61% 25.35%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PXGOX Category Low Category High PXGOX % Rank
Net Income Ratio 0.01% -2.10% 11.37% 85.53%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PXGOX - Fund Manager Analysis

Managers

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.

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 34.57 4.94 5.84