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	5.93%
Dividend Growth	4.90%
Payout Frequency	Monthly
Ex-Dividend Date	Mar 31, 2025

Previous Close	5.97
YTD Return	0.50%
1-Year Return	7.19%
5-Year Return	19.16%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	0.37
Holdings	219
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 7.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.69%.

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

14.52% of assets

Name	Symbol	Weight
Jpmorgan Chase Var 12/49	n/a	4.65%
MEDLINE BORROWER, LP	MEDIND L 10.23.28 6	1.47%
Hilton Domestic Operating Co Inc. 6.13%	HLT 6.125 04.01.32 144A	1.31%
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 7%	ALIANT 7 01.15.31 144A	1.22%
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%	CHTR 4.75 03.01.30 144A	1.11%
Liberty Mutual Group, Inc. 4.13%	LIBMUT V4.125 12.15.51 144A	1.05%
Avantor Funding Inc 4.63%	AVTR 4.625 07.15.28 144A	1.00%
Azorra Finance Ltd. 7.75%	AZORRA 7.75 04.15.30 144A	0.93%
CVS Health Corp 6.13%	CVS 6.125 09.15.39	0.93%
Rfna LP 7.88%	RFNALP 7.875 02.15.30 144A	0.84%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Oct 31, 2024	$0.02959	Oct 31, 2024