Pax Global Environmental Fund Quote
| PXEAX Fund | USD 23.37 0.21 0.91% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Pax Global is trading at 23.37 as of the 19th of January 2025; that is 0.91% up since the beginning of the trading day. The fund's open price was 23.16. Pax Global has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 19th of January 2025. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in companies whose businesses and technologies focus on environmental markets, including alternative energy and energy management efficiency transportation solutions water infrastructure technologies environmental services resources resource efficiency waste management digital infrastructure and sustainable food agriculture.. More on Pax Global Environmental
Moving together with Pax Mutual Fund
Pax Mutual Fund Highlights
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Pax Global Environmental [PXEAX] is traded in USA and was established 19th of January 2025. Pax Global is listed under Impax Asset Management category by Fama And French industry classification. The fund is listed under World Large-Stock Blend category and is part of Impax Asset Management family. This fund at this time has accumulated 2.43 B in assets with no minimum investment requirementsPax Global Environmental is currently producing year-to-date (YTD) return of 4.01% with the current yeild of 0.0%, while the total return for the last 3 years was 1.77%.
Check Pax Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pax Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pax Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pax Global Environmental Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Pax Global Environmental Mutual Fund Constituents
| XYL | Xylem Inc | Stock | Industrials | |
| ECL | Ecolab Inc | Stock | Materials | |
| SEE | Sealed Air | Stock | Materials | |
| TMO | Thermo Fisher Scientific | Stock | Health Care | |
| ADSK | Autodesk | Stock | Information Technology | |
| WM | Waste Management | Stock | Industrials | |
| TXN | Texas Instruments Incorporated | Stock | Information Technology | |
| TT | Trane Technologies plc | Stock | Industrials |
Pax Global Environmental Risk Profiles
| Mean Deviation | 0.6676 | |||
| Standard Deviation | 0.8842 | |||
| Variance | 0.7818 | |||
| Risk Adjusted Performance | (0.12) |
Pax Global Against Markets
Other Information on Investing in Pax Mutual Fund
Pax Global financial ratios help investors to determine whether Pax Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pax with respect to the benefits of owning Pax Global security.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |