About PAXDX
The Impax Global Sustainable Infrastructure Fund Investor Class is an actively managed mutual fund focused on infrastructure-related equities worldwide. Its primary objective is to deliver long-term capital growth and income while minimizing exposure to sustainability risks typically present in traditional infrastructure investments. The fund targets companies that generate a significant portion of their revenues—at least 20%—from sustainable infrastructure activities, such as decarbonization, resource efficiency, pollution reduction, and the advancement of social and environmental well-being.
This fund maintains a diversified yet concentrated portfolio, typically holding around 40 to 45 companies, spanning sectors such as utilities, industrials, communication services, and real estate. It emphasizes companies providing essential infrastructure solutions in response to global trends like aging infrastructure, urbanization, digitalization, and resource scarcity. With a blend of U.S. and international holdings, the fund seeks to capture growth in both developed and emerging markets. Since its launch in 2016, the Impax Global Sustainable Infrastructure Fund Investor Class has established itself as a distinctive option for investors seeking exposure to the infrastructure sector with a strong sustainability focus.
Fund Family Impax Asset Management
Category Infrastructure
Performance Rating Low
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PAXDX
Share Class Investor Class
Index Index is not available on Lipper Database
PAXDX had a total return of 21.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.39%.
