PAXIX – Impax Sustainable Allocation Instl Investment Strategy | Morningstar

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Strategy

The investment seeks income and conservation of principal; as a secondary investment objective, the fund seeks long-term growth of capital. 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). The fund’s multi-asset ESG strategy is designed to achieve lower volatility by combining complementary investment approaches.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PAXWX	Impax Sustainable Allocation Fund Investor Class	No Load	Open			Aug 10, 1971	$1.24B	0.940%	Above Average	$1,000	−$168.24M
PAXIX	Impax Sustainable Allocation Fund Class Institutional	Institutional	Open			Apr 2, 2007	$598.61M	0.690%	Below Average	$250,000	−$463.37M

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