PGRNX – Impax Global Environmental Markets Inv Investment Strategy | Morningstar

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Strategy

The investment seeks long term growth of capital. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in companies whose businesses and technologies focus on environmental markets, including alternative energy and energy management & efficiency; transportation solutions; water infrastructure & technologies; environmental services & resources; resource efficiency & waste management; digital infrastructure; and sustainable food & agriculture.

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
PGRNX	Impax Global Environmental Markets Fund Investor Class	No Load	Open			Mar 27, 2008	$159.85M	1.180%	High	$1,000	−$21.12M
PGINX	Impax Global Environmental Markets Fund Institutional Class	Institutional	Open			Mar 27, 2008	$1.45B	0.930%	Above Average	$250,000	−$588.86M
PXEAX	Impax Global Environmental Markets Fund Class A	Front Load	Open			May 1, 2013	$18.66M	1.180%	Average	$1,000	−$2.76M

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