About PAXLX
Impax Large Cap Fund Individual Investor Class is a mutual fund focused on investing in large-cap U.S. companies. The fund's primary objective is to deliver long-term capital growth by targeting businesses that not only possess attractive valuations but also demonstrate positive sustainability momentum. It employs a disciplined, core equity strategy, using proprietary research tools such as the Impax Sustainability Lens and Systematic ESG Rating to evaluate companies for environmental, social, and governance (ESG) performance. This process helps the fund identify opportunities and better manage sustainability risks within its portfolio.
Constructed through bottom-up stock selection, the fund typically holds a high-conviction portfolio of 40 to 60 stocks, emphasizing strong management teams and favorable business trends. Sector exposure is broadly diversified, with significant allocations in information technology, financials, health care, and consumer discretionary sectors. The fund maintains a consistent core investment style, actively seeking companies well-positioned for the transition to a more sustainable global economy. By integrating ESG factors and managing sector risks, the Impax Large Cap Fund Individual Investor Class plays a noteworthy role for investors seeking large-cap equity exposure with an added emphasis on sustainability-driven growth potential.
Fund Family Impax Asset Management
Category Large Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PAXLX
Share Class Investor Class
Index S&P 500 TR
PAXLX had a total return of 7.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 25.52%.
