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 Class A PXEAX
- NAV / 1-Day Return 23.48 / −0.55 %
- Total Assets 1.6B
-
Adj. Expense Ratio
1.180%
- Expense Ratio 1.180%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Global Large-Stock Blend
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.18%
- Turnover 39%
USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PXEAX
Will PXEAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 38.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 6.19 | 108M | Technology |
Microsoft Corp | 5.12 | 89M | Technology |
Taiwan Semiconductor Manufacturing Co Ltd | 3.91 | 68M | Technology |
KLA Corp | 3.88 | 68M | Technology |
Waste Connections Inc | 3.53 | 62M | Industrials |
Amphenol Corp Class A | 3.50 | 61M | Technology |
JPMorgan US Treasury Plus MMkt IM | 3.40 | 59M | Cash and Equivalents |
Schneider Electric SE | 3.21 | 56M | Industrials |
Veolia Environnement SA | 3.21 | 56M | Industrials |
Agilent Technologies Inc | 3.19 | 56M | Healthcare |
United States