Impax Global Environmental Markets Fund Class A (PXEAX)
| Fund Assets | 2.07B |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 4.08% |
| Dividend Growth | 974.80% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 25.18 |
| YTD Return | 13.02% |
| 1-Year Return | 14.15% |
| 5-Year Return | 53.95% |
| 52-Week Low | 19.72 |
| 52-Week High | 25.61 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | May 1, 2013 |
About PXEAX
Impax Global Environmental Markets Fund Class A is an actively managed mutual fund focused on global equities, specifically targeting companies that offer innovative solutions to environmental challenges. The fund aims for long-term capital growth by investing at least 80% of its assets in businesses where a significant portion of revenue—at least 20%—comes from products or services within environmental markets. These sectors include alternative energy, energy efficiency, water infrastructure and technology, waste management, sustainable food and agriculture, and digital infrastructure. The fund uses a research-driven, bottom-up stock selection process to identify leaders in these fast-growing sectors, supporting global themes such as rising urbanization, population growth, and resource scarcity. Its holdings are diversified across regions, with a majority in the United States, but also substantial allocations in Europe and Asia. The fund’s strategy is closely aligned with macroeconomic trends driving demand for sustainable solutions, making it a prominent player in the thematic investment landscape tied to the transition toward a more sustainable global economy.
Performance
PXEAX had a total return of 14.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.89%.
Top 10 Holdings
36.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 5.81% |
| Linde plc | LIN | 4.95% |
| Agilent Technologies, Inc. | A | 4.25% |
| L'Air Liquide S.A. | AI | 4.03% |
| NVIDIA Corporation | NVDA | 3.13% |
| Veolia Environnement SA | VIE | 3.02% |
| Waste Management, Inc. | WM | 2.97% |
| Schneider Electric S.E. | SU | 2.89% |
| Kerry Group plc | KRZ | 2.79% |
| RenaissanceRe Holdings Ltd. | RNR | 2.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.12673 | Jun 23, 2025 |
| Dec 20, 2024 | $0.96312 | Dec 23, 2024 |
| Jun 20, 2024 | $0.1014 | Jun 21, 2024 |
| Jun 22, 2023 | $0.14378 | Jun 23, 2023 |
| Dec 22, 2022 | $0.06484 | Dec 23, 2022 |
| Jun 22, 2022 | $0.03763 | Jun 23, 2022 |