Pax Balanced Fund Individual Investor Class (PAXWX)

24.64
Net Asset Value
+0.53%
1 Day
+16.56%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
0.91%
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 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+2.80% 3 years+9.03%
3 months+6.30% 5 years+6.28%
1 year+13.73% Since inception+8.23%
Data through --

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

 PAXWXCategory
Performance 5-yr return+6.28%+5.60%
Expense ratio0.91%1.11%
Risk 5 year sharpe ratio0.710.61
Net assets$1.8B$3.6B
Average market cap$68.7B$80.2B
Average P/E19.419.5
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyPax World
Fund manager & tenureAnthony Trzcinka / 13 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock45.99%
Fixed income37.40%
International stock9.27%
Cash7.34%
Other0.01%
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
PXBIX Pax Core Bond Fund Institutional Class36.88%
PXLIX Pax Large Cap Fund Institutional Class36.62%
PXNIX Pax MSCI EAFE ESG Leaders Index Fund Institutional Class7.92%
PXDIX Pax ESG Beta Dividend Fund Institutional Class6.94%
PXSIX Pax Small Cap Fund Institutional Class1.67%
PXGOX Pax Global Opportunities Fund Institutional Class1.58%
PGINX Pax Global Environmental Markets Fund Institutional Class1.29%
PXHIX Pax High Yield Bond Fund Institutional Class1.16%
-- 0.24%