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 | 5.97% |
| Dividend Growth | 7.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 6.12 |
| YTD Return | 2.52% |
| 1-Year Return | 6.67% |
| 5-Year Return | 14.74% |
| 52-Week Low | 5.85 |
| 52-Week High | 6.13 |
| Beta (5Y) | 0.36 |
| Holdings | 211 |
| 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.
Performance
PXHIX had a total return of 6.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.75%.
Top 10 Holdings
12.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Jpmorgan Chase Var 12/49 | n/a | 3.10% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 7% | ALIANT.7 01.15.31 144A | 1.38% |
| NCL Corporation Ltd. 6.75% | NCLH.6.75 02.01.32 144A | 1.16% |
| Liberty Mutual Group, Inc. 4.13% | LIBMUT.V4.125 12.15.51 144A | 1.11% |
| Avantor Funding Inc 4.63% | AVTR.4.625 07.15.28 144A | 1.05% |
| Hilton Domestic Operating Co Inc. 6.13% | HLT.6.125 04.01.32 144A | 0.98% |
| CVS Health Corp 6.13% | CVS.6.125 09.15.39 | 0.95% |
| Coherent Corp 5% | COHR.5 12.15.29 144A | 0.94% |
| Cogent Communications Group LLC 7% | CCOI.7 06.15.27 144A | 0.87% |
| Imola Merger Corp. 4.75% | IM.4.75 05.15.29 144A | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02881 | Jun 30, 2025 |
| May 30, 2025 | $0.03232 | May 30, 2025 |
| 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 |