AUM
$1,006,106,172
Holdings
44
Launch Date
December 2016
Portfolio Managers
Amber Fairbanks, CFA®
Joseph Cordi, CFA®
Morningstar Low Carbon Designation™
Low Carbon logo
US Equity Large Cap Blend as of 4/30/25.
Based on 94% of AUM.

Overview

A core strategy that fully integrates analysis of ESG risks and opportunities and invests in a portfolio of companies we believe have strong prospects and attractive valuations.

Strong Prospects

Bottom-up stock selection focuses on identifying companies with favorable business trends, superior management, and potential catalysts that can drive stock price appreciation.

Valuation

Disciplined valuation process evaluates long-term upside potential and downside risk.

Sustainability

The strategy uses a proprietary sustainability lens and ESG research to better manage sustainability risks and identify opportunities.

Monthly Total Returns

(As of 05/31/2025)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrsSince
Inception
Impax Large Cap Fund – Investor Class6.91-0.47-0.395.037.9312.9412.42
Impax Large Cap Fund – Institutional Class6.96-0.39-0.235.348.2213.2412.70
S&P 500 Index6.29-0.371.0613.5214.4115.9414.28

Quarterly Total Returns

(As of 03/31/2025)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrsSince
Inception
Impax Large Cap Fund – Investor Class-6.75-6.68-6.68-3.362.7215.0211.80
Impax Large Cap Fund – Institutional Class-6.72-6.57-6.57-3.102.9715.3012.07
S&P 500 Index-5.63-4.27-4.278.259.0618.5913.84
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.

Risk Statistics

(As of 05/31/2025)
 3 – Year
3 – Year
Standard Deviation 17.41
Alpha -0.52
Beta 1.04
R-Squared 95
Standard Deviation 17.39
Alpha -0.50
Beta 1.03
R-Squared 95

Morningstar Ratings

(As of 05/31/2025)
 Large BlendOverall3yrs5yrs10yrs
Impax Large Cap Fund – Investor Class Rating ★★ ★★
Impax Large Cap Fund – Institutional Class Rating ★★ ★★
  # In Peer Group 1257 1257 1155
Based on risk adjusted returns.

Lipper Rankings

(As of 05/31/2025)
 Large Cap Core1yr3yrs5yrs10yrs
Impax Large Cap Fund – Investor Class Percentile Rank 86 83 61
  Prime Rank 534 481 316
  # In Peer Group 624 585 526
Impax Large Cap Fund – Institutional Class Percentile Rank 85 81 58 36
  Prime Rank 530 473 302
  # In Peer Group 624 585 526
Based on total returns.

Net Asset Values

(As of 06/17/2025)
 N.A.V.% Change
Impax Large Cap Fund – Institutional Class $13.03 -0.69
Impax Large Cap Fund – Investor Class $12.96 -0.69
Past performance does not guarantee future results.

Asset Allocation

(As of 05/30/2025)

Portfolio Statistics

(As of 05/31/2025)
 Value
Value
Assets (all share classes)$1,006,106,172
Number of Holdings (All)44
Turnover Ratio (05/30/2025)36

Top Sectors

(As of 05/30/2025)

Top Ten Holdings

(As of 05/30/2025)

Portfolio Management Team

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Contact Us

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Risk Warning

Capital at risk. The value of investments may go up or down and is not guaranteed.