Despite recent changes within the management team, the strategy remains in capable hands and continues to benefit from substantial resources, supporting its Above Average People Pillar rating. The approach is long-standing, well-structured, and underpinned by deep thematic expertise built up over many years. Following the April 2026 update to Morningstar’s Medalist Rating methodology, the strategy’s ability to deliver outperformance is now assessed relative to ecology peers rather than a broad global equity benchmark, supporting an upgrade of the Process Pillar rating to Above Average from Average.
Impax Global Environmental Markets Fund Investor Class PGRNX
- NAV / 1-Day Return 23.66 / +0.94 %
- Total Assets 1.7B
-
Adj. Expense Ratio
1.180%
- Expense Ratio 1.180%
- Distribution Fee Level High
- Share Class Type No Load
- Category Global Large-Stock Blend
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.44%
- Turnover 39%
USD | NAV as of Jun 09, 2026 | 1-Day Return as of Jun 09, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PGRNX
Will PGRNX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PGRNX 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 PGRNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 38.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 6.02 | 102M | Technology |
Microsoft Corp | 4.77 | 81M | Technology |
Waste Connections Inc | 4.01 | 68M | Industrials |
Taiwan Semiconductor Manufacturing Co Ltd | 3.77 | 64M | Technology |
KLA Corp | 3.63 | 62M | Technology |
Veolia Environnement SA | 3.46 | 59M | Industrials |
Schneider Electric SE | 3.35 | 57M | Industrials |
Linde PLC | 3.26 | 55M | Basic Materials |
Air Liquide SA | 3.07 | 52M | Basic Materials |
Infineon Technologies AG | 2.93 | 50M | Technology |