Pax World High Yield Institutional
30 Penhallow Street, Suite 400 Portsmouth NH 03801-3852
Map
Phone: 800-767-1729
| Category: | High Yield Bond | | Fund Family: | Pax World | | Net Assets: | 83.09M | | Year-to-Date Return: | 36.51% | | Yield: | 8.90% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Jun-04 |
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Mary V. Austin
Lead Manager since
30-Dec-05 | | | Austin has been with the PAX World High Yield Fund since its inception in 1999. Prior to joining PAX, she worked for Salomon Smith Barney for eight years. There, she was an equity analyst covering small to mid-cap specialty pharmaceutical and medical technology companies. Austin holds the Charted Financial Analyst designation and also is a member of the New York Society of Security Analysts. |
| Min Initial Investment: | $500,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $1,000 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks high current income; capital appreciation is a secondary consideration. The Fund follows a Sustainable Investing approach, combining rigorous financial analysis with equally rigorous Environmental, Social, and Governance (ESG) analysis to identify investments. It invests at least 80% of assets in high-yield, fixed income securities that are rated below BBB- by Standard & Poor?s Ratings Group or below Baa3 by Moody?s Investors Service, similarly rated by another major rating service, or unrated and determined by the investment adviser to be of comparable quality. The fund may invest up to 40% of its assets in securities of non-U.S. issuers. |
| Last Dividend
(30-Nov-09):
| 0.06 | | Last Cap Gain
(20-Jun-08):
| 0.01 | | Annual Holdings Turnover
| 29.00% | | Average for Category:
| 90.06% |
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| Expense | PXHIX | Category
Avg | | Total Expense Ratio: | %
| 1.20% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.46% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $639 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $998 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,016 |
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0.63% Nasdaq 
0.03%
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