Impax Small Cap A (PXSAX)

Fund Assets	706.59M
Expense Ratio	1.15%
Min. Investment	$1,000
Turnover	48.00%
Dividend (ttm)	0.90
Dividend Yield	4.59%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 20, 2024

Previous Close	18.85
YTD Return	7.33%
1-Year Return	12.36%
5-Year Return	78.41%
52-Week Low	13.81
52-Week High	19.52
Beta (5Y)	n/a
Holdings	68
Inception Date	May 1, 2013

About PXSAX

Impax Small Cap Fund Class A is a mutual fund focused on long-term capital growth by investing predominantly in small-capitalization U.S. companies. The fund employs a core equity strategy that blends traditional bottom-up financial analysis with a proprietary sustainability lens, integrating environmental, social, and governance (ESG) research to manage sustainability risks and identify emerging opportunities. Key features of the fund include its emphasis on companies with strong free cash flow, robust balance sheets, undervalued growth prospects, and disciplined management teams. The investment process is risk-conscious, aiming to control volatility and limit downside risk through a focus on valuation and quality, as well as a rigorous sell discipline. Managed by Impax Asset Management, the fund typically maintains a diversified portfolio with holdings across sectors such as financial services, healthcare, consumer defensive, real estate, basic materials, and industrials. The fund’s approach positions it as a notable option for investors seeking to access the innovation and growth characteristics of U.S. small-cap markets while factoring in sustainability considerations.

• Fund Family: Impax Asset Management
• Category: Small Blend
• Stock Exchange: NASDAQ
• Ticker Symbol: PXSAX
• Share Class: Class A
• Index: Russell 2000 TR

Performance

PXSAX had a total return of 12.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.28%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FCPEX	Fidelity	Fidelity Small Cap Enhanced Index Fund	0.55%
SWSSX	Schwab	Schwab Small Cap Index	0.04%
FSSNX	Fidelity	Fidelity Small Cap Index	0.03%
FSCRX	Fidelity	Fidelity Small Cap Discovery	1.03%
FSSLX	Fidelity	Fidelity Series Small Cap Core	0.01%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PXSIX	Institutional Class	0.90%
PXSCX	Investor Class	1.15%

Top 10 Holdings

35.38% of assets

Name	Symbol	Weight
Acadian Asset Management Inc.	AAMI	5.81%
Victory Capital Holdings, Inc.	VCTR	5.68%
Ligand Pharmaceuticals Incorporated	LGND	4.74%
Roivant Sciences Ltd.	ROIV	3.41%
Jpmorgan Chase Var 12/49	n/a	3.39%
Ciena Corporation	CIEN	2.64%
US Foods Holding Corp.	USFD	2.62%
Planet Fitness, Inc.	PLNT	2.61%
Extreme Networks, Inc.	EXTR	2.26%
Neurocrine Biosciences, Inc.	NBIX	2.21%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 20, 2024	$0.90211	Dec 23, 2024
Dec 22, 2022	$0.34748	Dec 23, 2022
Dec 22, 2021	$1.78008	Dec 23, 2021
Jun 22, 2021	$0.01825	Jun 23, 2021
Dec 22, 2020	$0.61087	Dec 23, 2020
Jun 20, 2019	$0.13065	Jun 21, 2019