Morningstar

Impax Sustainable Allocation Fund Class Institutional PAXIX

Morningstar Medalist Rating
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Medalist Rating as of See Impax Investment Hub
  • NAV / 1-Day Return $27.70  /  +0.40 %
  • Fund Size $1.8B
  • Adjusted Expense Ratio 0.690%
  • Net Expense Ratio 0.050%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Moderate Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 1.93%
  • Turnover Ratio 13%
NAV and 1-Day Return as of

Morningstar’s Analysis PAXIX

Will PAXIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAXIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAXIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PAXIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Team level stability doesn't offset turnover and execution gaps in the underlying funds.

Senior Analyst Jodi Lim

Jodi Lim

Senior Analyst

Summary

Impax Sustainable Allocation’s People Pillar remains at Below Average, and the Process Pillar remains at Average.

by Jodi Lim
Rated on Published on

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Portfolio Holdings PAXIX

More PAXIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 97.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Impax Core Bond Fund Institutional

32.20 765M
—

Impax US Sustainable Economy Instl

26.73 635M
—

Impax Large Cap Fund Institutional

10.93 260M
—

Impax International Sust Econ Instl

9.22 219M
—

Impax Small Cap Institutional

6.14 146M
—

Impax High Yield Bond Institutional

5.15 122M
—

Impax Global Sustainable Infras ETF

3.00 71M
—

JPMorgan US Treasury Plus MMkt IM

2.28 54M
Cash and Equivalents

Impax Global Environmental Markets Instl

2.23 53M
—

Impax Global Opportunities Institutional

2.17 52M
—

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