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Morningstar

Impax Ellevate Global Women's Ldr Instl PXWIX

Morningstar Medalist Rating
Medalist Rating as of | See Impax Investment Hub
  • NAV / 1-Day Return 29.08  /  0.21 %
  • Total Assets 821.7 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.520%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Global Large-Stock Blend
  • Investment Style Large Blend
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 0.90%
  • Turnover 34%

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PXWIX

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

People Pillar

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

Held back by a relatively narrow opportunity set.

Analyst Ryan Jackson

Ryan Jackson

Analyst

Summary

Pax Ellevate Global Women's Leadership is a systematic, well-diversified fund whose focus on gender diversity and environmental, social, and governance principles gives it an attractive quality tilt. However, its mandate omits significant portions of the global opportunity set, and it endures lofty turnover. The fund earns a Morningstar Analyst Rating of Neutral.

by Ryan Jackson
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PXWIX

More PXWIX Holdings
  • Current Portfolio Date
  • Equity Holdings 430
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

4.07
32,606,666
Technology

Microsoft Corp

3.42
27,343,237
Technology

Amazon.com Inc

2.61
20,898,253
Consumer Cyclical

Coca-Cola Co

1.92
15,371,034
Consumer Defensive

Accenture PLC Class A

1.83
14,619,753
Technology

Lululemon Athletica Inc

1.75
14,024,229
Consumer Cyclical

Starbucks Corp

1.74
13,964,458
Consumer Cyclical

Bristol-Myers Squibb Co

1.74
13,946,142
Healthcare

Schneider Electric SE

1.72
13,762,141
Industrials

Diageo PLC

1.62
12,987,845
Consumer Defensive