Pax Sustainable Allocation Fund Individual Investor Class (PAXWX)

23.49
Net Asset Value
-0.25%
1 Day
+0.60%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
0.92%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks income and conservation of principal; as a secondary investment objective, the Sustainable Allocation Fund seeks long-term growth of capital. The fund follows a multi-asset environmental, social and governance (ESG) strategy that invests in underlying funds that integrate ESG analysis into security selection and portfolio construction. The adviser normally expects to invest approximately 50-75% of its assets in equity securities and 25-50% of its assets in debt securities (including but not limited to debt securities convertible into equity securities).

Performance

1 month+7.34% 3 years+7.42%
3 months+3.52% 5 years+6.50%
1 year+13.09% Since inception+8.18%
Data through --

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

 PAXWXCategory
Performance 5-yr return+6.50%+2.40%
Expense ratio0.92%1.10%
Risk 5 year sharpe ratio0.580.32
Net assets$1.8B$3.5B
Average market cap$58.4B$73.0B
Average P/E15.017.9
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyPax World
Fund manager & tenureAnthony Trzcinka / 14 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock47.55%
Fixed income37.10%
International stock9.54%
Cash5.64%
Other0.17%
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 Class38.27%
PXBIX Pax Core Bond Fund Institutional Class37.52%
PXNIX Pax MSCI EAFE ESG Leaders Index Fund Institutional Class7.28%
PXDIX Pax ESG Beta Dividend Fund Institutional Class5.66%
PXSIX Pax Small Cap Fund Institutional Class2.38%
PXWIX Pax Ellevate Global Women’s Leadership Fund Institutional Class1.93%
PGINX Pax Global Environmental Markets Fund Institutional Class1.72%
PXGOX Pax Global Opportunities Fund Institutional Class1.50%
PXHIX Pax High Yield Bond Fund Institutional Class1.20%