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Morningstar

Impax Sustainable Allocation Inv PAXWX

Morningstar Medalist Rating
Medalist Rating as of | See Impax Investment Hub
  • NAV / 1-Day Return 24.40  /  0.16 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.63%
  • Turnover 4%

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis PAXWX

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

People Pillar

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

A sufficient approach to sustainable investing.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

A steady team and sensible process support Impax Sustainable Allocation, but additional resources in the form of analysts and tools would generate greater confidence given the portfolio’s structural complexity.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings PAXWX

More PAXWX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 9
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Impax Large Cap Fund Institutional

38.52
813,101,441
—

Impax Core Bond Fund Institutional

36.68
774,105,107
—

Impax International Sust Econ Instl

5.03
106,154,059
—

Impax High Yield Bond Institutional

4.55
96,078,566
—

Impax Small Cap Institutional

3.93
82,989,338
—

Impax Global Sustainable Infras Instl

3.20
67,522,070
—

Impax Ellevate Global Women's Ldr Instl

2.81
59,284,517
—

Impax Global Opportunities Institutional

2.78
58,605,122
—

Impax Global Environmental Markets Instl

2.50
52,868,384
—