Impax Sustainable Allocation Fund Investor Class (PAXWX)
| Fund Assets | 2.37B |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 2.52 |
| Dividend Yield | 9.58% |
| Dividend Growth | 162.80% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 26.16 |
| YTD Return | 0.61% |
| 1-Year Return | 10.01% |
| 5-Year Return | 26.36% |
| 52-Week Low | 21.48 |
| 52-Week High | 26.51 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Aug 10, 1971 |
About PAXWX
Impax Sustainable Allocation Fund Investor Class is a diversified mutual fund focused on sustainable investing through a risk-balanced, multi-asset approach. Its primary objectives are income generation and conservation of principal, with long-term capital growth as a secondary goal. The fund strategically allocates investments across equity and debt securities, typically maintaining about 50-75% in stocks and 25-50% in bonds or convertible debt, which allows it to respond dynamically to market conditions and risks. This fund stands out for fully integrating environmental, social, and governance (ESG) criteria throughout its portfolio, supporting themes such as climate action, gender equality, and global resource efficiency. Holdings encompass a range of Impax funds, spanning U.S. equity, international equity, fixed income, and specialized sustainable strategies. With a considerable asset base exceeding $2 billion, the fund offers moderate volatility supported by a multi-sector impact, making it notable for investors seeking balanced exposure to sustainability across global financial markets.
Performance
PAXWX had a total return of 10.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.55% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% | 0.64% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PAXIX | Institutional Class | 0.68% |
Top 10 Holdings
99.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Impax Large Cap Fund Institutional Class | PXLIX | 33.41% |
| Impax Core Bond Fund Institutional Class | PXBIX | 31.57% |
| Impax U.S. Sustainable Economy Institutional Class | PWGIX | 7.68% |
| Impax Small Cap Fund Institutional Class | PXSIX | 5.09% |
| Impax High Yield Bond Fund Institutional Class | PXHIX | 5.00% |
| Impax International Sustainable Economy Fund Institutional Class | PXNIX | 4.91% |
| Impax Ellevate Global Women's Leadership Fund Institutional Class | PXWIX | 3.02% |
| Impax Global Opportunities Fund Institutional Class | PXGOX | 3.00% |
| Impax Global Environmental Markets Fund Institutional Class | PGINX | 2.93% |
| Impax Global Infrastructure ETF | PXDIX | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $1.97716 | Dec 30, 2025 |
| Jun 26, 2025 | $0.53802 | Jun 27, 2025 |
| Dec 27, 2024 | $0.45422 | Dec 30, 2024 |
| Jun 26, 2024 | $0.50284 | Jun 27, 2024 |
| Dec 27, 2023 | $0.49679 | Dec 28, 2023 |
| Jun 27, 2023 | $0.34351 | Jun 28, 2023 |