Pax Large Cap Fund Portfolio Manager Barbara Browning is recognized as one of the top* 20 female fund managers in the US


*based on risk-adjusted returns over the past three years through 4/30/2021 among female-managed funds analyzed by CityWire, with top-quartile absolute returns in their Morningstar category over the period.

The top 10 holdings of the Pax Large Cap Fund as of 03/31/2021 are: Microsoft Corp., 5.7%; Apple, Inc., 3.9%; Applied Materials, Inc., 3.2%; Amazon.com, Inc., 3.1%; Procter & Gamble Co., 3.0%; United Parcel Service, Inc., Class B, 2.9%; Alphabet, Inc., Class A, 2.9%; Bristol-Myers Squibb Co., 2.7%; Voya Financial, Inc., 2.7%; and T-Mobile US, Inc., 2.7%. Holdings are subject to change.

Click here for PXLIX standardized returns and current percentile rankings. Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance information, visit www.impaxam.com.

Risks

Investments involve risk, including potential loss of principal.

Equity investments are subject to market fluctuations, the fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings.

You should always consider Pax World Funds’ investment objectives, risks, and charges and expenses carefully before investing. For this and other important information, please download a fund prospectus. Please read it carefully before investing.

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