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Morningstar

Impax Large Cap Fund Individual Investor PAXLX

Morningstar Medalist Rating
Medalist Rating as of | See Impax Investment Hub
  • NAV / 1-Day Return 13.91  /  +1.02 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.970%
  • Expense Ratio 0.970%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.64%
  • Turnover 44%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis PAXLX

Will PAXLX outperform in 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 PAXLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAXLX 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 PAXLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Impax Large Cap Fund Individual Investor's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PAXLX

More PAXLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.78 112.8 Mil
Technology

Apple Inc

5.12 74.3 Mil
Technology

Alphabet Inc Class A

4.21 61.0 Mil
Communication Services

Merck & Co Inc

2.55 37.0 Mil
Healthcare

ServiceNow Inc

2.37 34.4 Mil
Technology

Visa Inc Class A

2.35 34.1 Mil
Financial Services

The Walt Disney Co

2.30 33.4 Mil
Communication Services

JPMorgan Chase & Co

2.22 32.2 Mil
Financial Services

Aptiv PLC

2.18 31.7 Mil
Consumer Cyclical

Procter & Gamble Co

2.17 31.5 Mil
Consumer Defensive