- What does PXINX invest in?
- The Impax International Sustainable Economy Fund Investor Class adopts an investment philosophy centered on sustainability. It aims to identify and invest in companies strategically positioned to thrive during the global transition to a more environmentally and socially responsible economy. Environmental, social, and governance (ESG) considerations are integral to its portfolio construction process, and the portfolio's risk exposure is diligently managed in relation to the universe of companies comprising the MSCI EAFE Index. Under ordinary market circumstances, the fund dedicates over 80% of its total net assets to large-capitalization equity securities in developed markets situated outside the U.S.
- What is the expense ratio of PXINX?
- Impax International Sustainable Economy Fund Investor Class (PXINX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PXINX?
- Impax International Sustainable Economy Fund Investor Class (PXINX) manages $1.89B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PXINX actively managed or an index fund?
- PXINX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PXINX's is 0.69%) because there's no security selection cost.
- When was PXINX launched?
- Impax International Sustainable Economy Fund Investor Class (PXINX) launched in March 2008 and is managed by the fund issuer.
- How has PXINX performed?
- PXINX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.