Impax High Yield Bond Fund Investor Class (PAXHX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
6.04
-0.01 (-0.17%)
May 23, 2025, 4:00 PM EDT
1.68% (1Y)
| Fund Assets | 518.72M |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 5.71% |
| Dividend Growth | 5.42% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 6.05 |
| YTD Return | 0.95% |
| 1-Year Return | 6.11% |
| 5-Year Return | 16.11% |
| 52-Week Low | 5.87 |
| 52-Week High | 6.14 |
| Beta (5Y) | 0.86 |
| Holdings | 201 |
| Inception Date | Oct 8, 1999 |
About PAXHX
The investment seeks high current income; as a secondary investment objective, it seeks capital appreciation. Under normal market conditions, the High Yield Bond Fund invests at least 80% of its assets (plus any borrowings for investment purposes) in high-yield, fixed income securities (such as bonds, notes or debentures) that are rated below BBB-by Standard & Poor's Ratings Group or below Baa3 by Moody's Investors Service, similarly rated by another major rating service, or unrated and determined by the High Yield Bond Fund's investment adviser to be of comparable quality.
Fund Family Pax World Fds
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol PAXHX
Share Class Investor Class
Index ICE BofA U.S. HY Cash Pay BB-B Const TR
Performance
PAXHX had a total return of 6.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.57%.
Top 10 Holdings
12.40% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Prime Money Market Fund | n/a | 2.67% |
| Hilton Domestic Operating Co., Inc. | HLT.6.125 04.01.32 144A | 1.35% |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer | n/a | 1.25% |
| CCO Holdings LLC / CCO Holdings Capital Corp. | n/a | 1.16% |
| Liberty Mutual Group, Inc. | LIBMUT.V4.125 12.15.51 144A | 1.10% |
| Avantor Funding, Inc. | n/a | 1.04% |
| CVS Health Corp. | CVS.6.125 09.15.39 | 0.96% |
| Azorra Finance Ltd. | n/a | 0.96% |
| Medline Borrower LP, First Lien, Dollar Incremental CME Term Loan | n/a | 0.95% |
| NCL Corp. Ltd. | NCLH.6.75 02.01.32 144A | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.02959 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0304 | Mar 31, 2025 |
| Feb 28, 2025 | $0.027 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03133 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03566 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02802 | Nov 29, 2024 |