Impax High Yield Bond Fund Class A (PXHAX)
| Fund Assets | 535.37M |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 5.62% |
| Dividend Growth | 7.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 6.48 |
| YTD Return | 0.33% |
| 1-Year Return | 7.84% |
| 5-Year Return | 13.31% |
| 52-Week Low | 5.87 |
| 52-Week High | 6.49 |
| Beta (5Y) | n/a |
| Holdings | 219 |
| Inception Date | May 1, 2013 |
About PXHAX
Impax High Yield Bond Fund Class A is an actively managed mutual fund focused on **high-yield corporate bonds**. Its primary objective is **high current income**, with **capital appreciation** as a secondary goal, implemented by investing predominantly in below-investment-grade fixed income securities under normal market conditions. The strategy emphasizes diversified exposure to the U.S. high-yield market, typically centered on **BB–B** quality tiers, and references the ICE BofA U.S. Cash Pay High Yield BB–B constrained benchmark for context. The fund integrates **sustainability analysis** into credit research to help identify issuers with stronger fundamentals and to mitigate sustainability-related risks within the portfolio. It distributes income **monthly**, reflecting its income-oriented mandate. With a multi-hundred–million-dollar asset base and over two hundred holdings, the fund seeks balanced credit selection and risk oversight while maintaining broad sector exposure across cyclical and defensive industries common to high yield. This approach positions the fund as a core high-yield allocation for investors seeking consistent income within the speculative-grade bond segment of the fixed income market.
Performance
PXHAX had a total return of 7.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.79%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03121 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03287 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03072 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03083 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02888 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03116 | Aug 29, 2025 |