Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.00% | ||||
| 4 week | +1.32% |
| |||
| 3 month | +2.86% |
| |||
| YTD | +4.04% |
| |||
| 1 year | +13.08% |
| |||
| 3 years* | +9.51% |
| |||
| 5 years* | +7.40% |
| |||
| *annualized | |||||
| Best 3 month return | +11.42% | |
| Worst 3 month return | -24.11% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Below Average | Below Average |
 
|
| 5 years | Below Average | Below Average |
|
| 10 years | Below Average | Below Average |
|
| Overall | Below Average | Below Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 558.29M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.23% | |
| Management fee | - | |
| Fund family | Pax World |
Asset allocation
| Cash | 3.69% | |
| Stocks | 0.00% | |
| Bonds | 89.08% | |
| Preferred | 0.94% | |
| Convertible | 3.46% | |
| Other | 3.48% |
Purchase information
| Initial | US$0 | |
| Additional | US$0 |
7.65-0.01(-0.13%)
May 24, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks high current income; as a secondary investment objective, it seeks capital appreciation. The fund follows a sustainable investing approach, combining rigorous financial analysis with equally rigorous environmental, social and governance (ESG) analysis in order to identify investments. It invests at least 80% of its assets (plus any borrowings for investment purposes) in high-yield, fixed income securities (such as bonds, notes or debentures). The fund may invest up to 40% of its assets in securities of non-U.S. issuers, including investments in emerging markets.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Mary Austin (Started: Dec 30, 2005)
Mary Austin (Started: Dec 30, 2005)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 11.58 | 9.42 | 3.48 | 4.12 | |
| Beta* | -0.26 | -0.31 | 0.76 | 0.50 | |
| Mean annual return | 0.90 | 0.66 | 0.65 | 0.62 | |
| R-squared* | 2.80 | 1.77 | 6.32 | 4.97 | |
| Standard deviation | 2.98 | 5.61 | 10.68 | 7.99 | |
| Sharpe ratio | 3.58 | 1.39 | 0.70 | 0.72 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Evertec 11% | 1.73% | |
| Belden 144A 5.5% | 1.68% | |
| Valassis Comms 6.625% | 1.62% | |
| Alta Mesa Hldgs 9.625% | 1.61% | |
| Algeco Scotsman Global Fin 144A 8.5% | 1.60% | |
| SPDR Barclays High Yield Bond | 1.56% | |
| Kennedy-Wilson 8.75% | 1.52% | |
| Nexeo Solutions 8.375% | 1.48% | |
| Hca Hldgs 7.75% | 1.48% | |
| Syniverse Hldgs 9.125% | 1.46% |