Morningstar

Impax Sustainable Allocation Instl PAXIX

Morningstar Medalist Rating
Medalist Rating as of | See Impax Investment Hub
  • NAV / 1-Day Return 27.73  /  +0.65 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.93%
  • Turnover 7%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PAXIX

Will PAXIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAXIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAXIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PAXIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Steady resources and a sustainability mandate define this strategy.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

With the departure of Steve Falci, Impax Sustainable Allocation loses a notable leader but retains decent resources and a sensible approach to investing while maintaining a broad sustainability mandate.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings PAXIX

More PAXIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Impax Large Cap Fund Institutional

41.06 964.1 Mil
—

Impax Core Bond Fund Institutional

34.06 799.6 Mil
—

Impax International Sust Econ Instl

4.83 113.3 Mil
—

Impax High Yield Bond Institutional

4.53 106.3 Mil
—

Impax Small Cap Institutional

4.08 95.8 Mil
—

Impax Global Opportunities Institutional

3.00 70.4 Mil
—

Impax Global Environmental Markets Instl

2.84 66.6 Mil
—

Impax Global Sustainable Infras Instl

2.64 62.0 Mil
—

Impax Ellevate Global Women's Ldr Instl

2.58 60.7 Mil
—

Jpmorgan Chase Var 12/49

0.42 9.8 Mil
Cash and Equivalents

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