Pax Balanced Fund Individual Investor Class (PAXWX)

22.62
Net Asset Value
-0.66%
1 Day
-0.18%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
0.93%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks income and conservation of principal; as a secondary investment objective- the Balanced Fund seeks long-term growth of capital. 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. The adviser normally expects to invest approximately 60-75% of its assets in equity securities and 25-40% of its assets in debt securities (including but not limited to debt securities convertible into equity securities).

Performance

1 month-0.57% 3 years+5.29%
3 months-3.08% 5 years+7.64%
1 year+9.01% Since inception+8.24%
Data through --

Peer Comparisonvs. Allocation--50% to 70% equity

 PAXWXCategory
Performance 5-yr return+7.64%+6.55%
Expense ratio0.93%1.15%
Risk 5 year sharpe ratio1.040.93
Net assets$2.0B$3.1B
Average market cap$63.6B$67.5B
Average P/E22.120.1
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyPax World
Fund manager & tenureChristopher Brown / 19 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock48.99%
Fixed income33.90%
International stock12.36%
Cash4.75%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 18.50%
Industrial materials 15.83%
Telecommunication 15.77%
Healthcare 12.70%
Financial service 9.30%
Top 10 Holdings
Portfolio weighting
PXLIX Pax Large Cap Fund Institutional Class35.83%
PXBIX Pax Core Bond Fund Institutional Class34.75%
PXNIX Pax MSCI EAFE ESG Leaders Index Fund Institutional Class12.10%
PXDIX Pax ESG Beta Dividend Fund Institutional Class7.45%
PMIDX Pax Mid Cap Fund Institutional Class6.90%