Impax High Yield Bond Fund Investor Class (PAXHX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
6.01
-0.01 (-0.17%)
May 1, 2025, 8:06 AM EDT
2.39% (1Y)
| Fund Assets | 520.66M |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 5.68% |
| Dividend Growth | 4.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 6.02 |
| YTD Return | 0.45% |
| 1-Year Return | 6.84% |
| 5-Year Return | 17.75% |
| 52-Week Low | 5.87 |
| 52-Week High | 6.14 |
| Beta (5Y) | 0.88 |
| Holdings | 219 |
| 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 6.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.56%.
Top 10 Holdings
14.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Jpmorgan Chase Var 12/49 | n/a | 4.65% |
| MEDLINE BORROWER, LP | MEDIND L 10.23.28 6 | 1.47% |
| Hilton Domestic Operating Co Inc. 6.13% | HLT 6.125 04.01.32 144A | 1.31% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 7% | ALIANT 7 01.15.31 144A | 1.22% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | CHTR 4.75 03.01.30 144A | 1.11% |
| Liberty Mutual Group, Inc. 4.13% | LIBMUT V4.125 12.15.51 144A | 1.05% |
| Avantor Funding Inc 4.63% | AVTR 4.625 07.15.28 144A | 1.00% |
| Azorra Finance Ltd. 7.75% | AZORRA 7.75 04.15.30 144A | 0.93% |
| CVS Health Corp 6.13% | CVS 6.125 09.15.39 | 0.93% |
| Rfna LP 7.88% | RFNALP 7.875 02.15.30 144A | 0.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Oct 31, 2024 | $0.02838 | Oct 31, 2024 |