AUM
$324,075,179
Holdings
146
Launch Date
Launch Date (Institutional)
Launch Date (Class A)
June 1997
April 2007
May 2013
Portfolio Managers
Scott LaBreche
Christine Cappabianca
Morningstar Low Carbon Designation™
Low Carbon logo
US Equity Large Cap Blend as of 05/31/24.
Based on 98% of AUM.

Overview

A systematic strategy investing in US large cap companies we believe are positioned to benefit from the transition to a more sustainable economy.

Sustainability Lens

The strategy integrates the Impax Sustainability Lens, a proprietary tool that weights the portfolio toward subsectors we believe offer attractive opportunities and lower risk associated with the transition to a more sustainable economy.

ESG Quality

Constructed to provide higher exposure to companies with favorable ESG ratings, as identified by the Impax Systematic ESG Rating, a proprietary rating of a company’s ESG profile.

Energy Transition Approach

The strategy replaces traditional energy companies with energy efficiency companies, with the aim to reduce climate-related risks and to invest in the growing demand for energy efficiency solutions.

Monthly Total Returns

(As of 06/30/2024)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrs
Impax US Sustainable Economy Fund – Investor Class2.982.9013.9222.958.9713.4711.31
Impax US Sustainable Economy Fund – Class A53.002.8813.8922.918.9613.4611.31
Impax US Sustainable Economy Fund – Institutional Class3.002.9214.0323.209.2313.7411.59
Russell 1000 Index3.313.5714.2423.888.7414.6112.51

Quarterly Total Returns

(As of 06/30/2024)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrs
Impax US Sustainable Economy Fund – Investor Class2.982.9013.9222.958.9713.4711.31
Impax US Sustainable Economy Fund – Class A53.002.8813.8922.918.9613.4611.31
Impax US Sustainable Economy Fund – Institutional Class3.002.9214.0323.209.2313.7411.59
Russell 1000 Index3.313.5714.2423.888.7414.6112.51
5 Class A Inception date return since May 1, 2013 is 12.50 (annualized).
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.
The performance information shown for Class A represents the performance of the Individual Investor Class shares for the period prior to Class A inception.
A 1.00% CDSC (contingent deferred sales charge) may be charged on any shares sold within 18 months of purchase over $1 million. POP (public offering price) reflects the maximum sales load for the Fund’s Class A Shares of 5.50%

Performance after Sales Charge

(As of 06/30/2024)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrs
Impax US Sustainable Economy Fund – Class A (Load)-2.66-2.777.6516.136.9212.1810.68

Performance after Sales Charge

(As of 06/30/2024)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrs
Impax US Sustainable Economy Fund – Class A (Load)-2.66-2.777.6516.136.9212.1810.68

Risk Statistics

(As of 06/30/2024)
 3 – Year
3 – Year
Standard Deviation 18.01
Alpha 0.02
Beta 1.01
R-Squared 98
Standard Deviation 18.00
Alpha 0.02
Beta 1.00
R-Squared 98
Standard Deviation 17.97
Alpha 0.04
Beta 1.00
R-Squared 98

Morningstar Ratings

(As of 06/30/2024)
 Large BlendOverall3yrs5yrs10yrs
Impax US Sustainable Economy Fund – Investor Class Rating ★★★ ★★★ ★★★ ★★★
Impax US Sustainable Economy Fund – Class A Rating ★★★ ★★★ ★★★ ★★★
Impax US Sustainable Economy Fund – Institutional Class Rating ★★★ ★★★ ★★★ ★★★
  # In Peer Group 1302 1302 1192 888
Based on risk adjusted returns.

Lipper Rankings

(As of 06/30/2024)
 Multi-Cap Core1yr3yrs5yrs10yrs
Impax US Sustainable Economy Fund – Investor Class Percentile Rank 35 18 42 30
  Prime Rank 216 104 222 114
  # In Peer Group 633 585 540 388
Impax US Sustainable Economy Fund – Class A Percentile Rank 35 19 43 30
  Prime Rank 220 107 227 115
  # In Peer Group 633 585 540 388
Impax US Sustainable Economy Fund – Institutional Class Percentile Rank 32 15 37 26
  Prime Rank 197 87 198 98
  # In Peer Group 633 585 540 388
Based on total returns.

Net Asset Values

(As of 07/12/2024)
 N.A.V.% Change
Impax US Sustainable Economy Fund – Class A $26.04 0.81
Impax US Sustainable Economy Fund – Institutional Class $27.37 0.85
Impax US Sustainable Economy Fund – Investor Class $26.16 0.85
Past performance does not guarantee future results.

Asset Allocation

(As of 06/30/2024)

Portfolio Statistics

(As of 06/30/2024)
 Value
Value
Assets (all share classes)$324,075,179
Number of Holdings (All)146
Turnover Ratio (12/31/2023)43

Top Sectors

(As of 06/30/2024)

Top Ten Holdings

(As of 06/30/2024)

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.