Impax High Yield Bond Fund Institutional Class (PXHIX)

Fund Assets	380.11M
Expense Ratio	0.68%
Min. Investment	$250,000
Turnover	n/a
Dividend (ttm)	0.36
Dividend Yield	5.95%
Dividend Growth	5.33%
Payout Frequency	Monthly
Ex-Dividend Date	Apr 30, 2025

Previous Close	6.03
YTD Return	1.01%
1-Year Return	6.32%
5-Year Return	17.30%
52-Week Low	5.85
52-Week High	6.12
Beta (5Y)	0.37
Holdings	201
Inception Date	Jun 1, 2004

About PXHIX

The Fund's investment strategy focuses on High Yield with 0.72% total expense ratio. The minimum amount to invest in Pax World Funds Series Trust I: Pax High Yield Bond Fund; Institutional Class Shares is $250,000 on a standard taxable account. Pax World Funds Series Trust I: Pax High Yield Bond Fund; Institutional Class Shares seeks high current income. As a secondary investment objective, the Fund seeks capital appreciation. PXHIX follows a sustainable investing approach, combining rigorous financial analysis with rigorous environmental, social, and governance analysis in order to identify investments.

• Category: High Yield Bond
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PXHIX
• Share Class: Institutional Class
• Index: ICE BofA U.S. HY Cash Pay BB-B Const TR

Performance

PXHIX had a total return of 6.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.70%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PXHAX	Class A	0.93%
PAXHX	Investor Class	0.93%

Top 10 Holdings

12.40% of assets

Name	Symbol	Weight
JPMorgan Prime Money Market Fund	n/a	2.67%
Hilton Domestic Operating Co., Inc.	HLT.6.125 04.01.32 144A	1.35%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer	n/a	1.25%
CCO Holdings LLC / CCO Holdings Capital Corp.	n/a	1.16%
Liberty Mutual Group, Inc.	LIBMUT.V4.125 12.15.51 144A	1.10%
Avantor Funding, Inc.	n/a	1.04%
CVS Health Corp.	CVS.6.125 09.15.39	0.96%
Azorra Finance Ltd.	n/a	0.96%
Medline Borrower LP, First Lien, Dollar Incremental CME Term Loan	n/a	0.95%
NCL Corp. Ltd.	NCLH.6.75 02.01.32 144A	0.95%

Dividend History

Ex-Dividend	Amount	Pay Date
Apr 30, 2025	$0.0307	Apr 30, 2025
Mar 31, 2025	$0.03161	Mar 31, 2025
Feb 28, 2025	$0.02807	Feb 28, 2025
Jan 31, 2025	$0.03233	Jan 31, 2025
Dec 31, 2024	$0.03688	Dec 31, 2024
Nov 29, 2024	$0.0292	Nov 29, 2024