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.
Fund Family Impax Asset Management
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PAXWX
Share Class Investor Class
Index S&P 500 TR
PAXWX had a total return of 9.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.89%.
