Impax High Yield Bond Fund Investor Class (PAXHX)

Fund Assets	494.83M
Expense Ratio	0.95%
Min. Investment	$1,000
Turnover	84.00%
Dividend (ttm)	0.37
Dividend Yield	6.33%
Dividend Growth	3.83%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	5.90
YTD Return	-0.05%
1-Year Return	2.14%
5-Year Return	9.04%
52-Week Low	5.90
52-Week High	6.21
Beta (5Y)	0.34
Holdings	249
Inception Date	Oct 8, 1999

About PAXHX

Impax High Yield Bond Fund Investor Class is a mutual fund focused on generating high current income and capital appreciation through a diversified portfolio of predominantly high yield fixed income securities. The fund invests primarily in bonds rated below investment grade, including corporate bonds, notes, and debentures, with an emphasis on companies exhibiting strong fundamentals and attractive relative valuations. Sustainability analysis is integrated into the credit research and selection process, aiming to mitigate environmental, social, and governance (ESG) risks. The fund is managed with a disciplined approach to risk management and security selection, targeting a broad range of issuers across various sectors. With a long history of operation and a portfolio that includes both U.S. and foreign bonds, Impax High Yield Bond Fund Investor Class serves as a strategic option for investors seeking income and exposure to the high yield bond market, while considering sustainability factors in investment decisions.

• Fund Family: Impax Asset Management
• Category: High Yield Bond
• Performance Rating: Below Average
• Risk Rating: Average
• 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 2.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PXHIX	Institutional Class	0.70%
PXHAX	Class A	0.95%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03071	Sep 30, 2026
Aug 31, 2026	$0.03264	Aug 31, 2026
Jul 31, 2026	$0.03262	Jul 31, 2026
Jun 30, 2026	$0.02992	Jun 30, 2026
May 29, 2026	$0.03136	May 29, 2026
Apr 30, 2026	$0.03028	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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