About PXLIX
Impax Large Cap Fund Institutional Class is a US large-cap equity mutual fund designed for institutional investors. The fund focuses on achieving long-term capital growth by investing in large, established US companies that are positioned to benefit from major secular growth trends such as the transition to a more sustainable economy, resource efficiency, electrification, and technological innovation. The fund employs a proprietary sustainability lens, integrating environmental, social, and governance (ESG) research to better manage risks and identify companies with favorable business prospects and strong management teams.
With a diversified portfolio of 30–60 holdings, the fund’s sector exposure is primarily in information technology, financials, health care, and consumer discretionary, reflecting its emphasis on forward-looking and sustainable business models. The fund is actively managed, using a bottom-up stock selection process and disciplined valuation approach to evaluate both upside potential and downside risk. Managed by Impax Asset Management since its launch in December 2016, the fund plays a significant role for institutions seeking exposure to large US companies with a sustainability-driven investment philosophy.
Fund Family Impax Asset Management
Category Large Blend
Performance Rating Low
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PXLIX
Share Class Institutional Class
Index S&P 500 TR
PXLIX had a total return of 4.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.52%.
