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
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PXSAX
Share Class Class A
Index Russell 2000 TR
PXSAX had a total return of 22.28% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.27%.
