Impax Sustainable Allocation Fund Institutional Class logo

Impax Sustainable Allocation Fund Institutional Class (PAXIX)

Market Open
11 Aug, 20:00
NASDAQ NASDAQ
$
28. 09
-0.01
-0.0356%
$
2.22B Market Cap
- Div Yield
0 Volume
$ 28.1
Previous Close
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Day Range
28.09 28.09
Year Range
25.52 29.06
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Summary

PAXIX trading today lower at $28.09, a decrease of -0.0356% from yesterday's close, completing a monthly increase of 1.9971% or $0.55. Over the past 12 months, PAXIX stock gained 4.5404%.
PAXIX pays dividends to its shareholders, with the most recent payment made on Jun 27, 2024. The next estimated payment will be in 27 Dec 2024 on Dec 27, 2024 for a total of $0.53464.
The stock of the company had never split.
The company's stock is traded on one exchange.

PAXIX Chart

Impax Sustainable Allocation Fund Institutional Class (PAXIX) FAQ

What is the stock price today?

The current price is $28.09.

On which exchange is it traded?

Impax Sustainable Allocation Fund Institutional Class is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is PAXIX.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 2.22B.

Has Impax Sustainable Allocation Fund Institutional Class ever had a stock split?

No, there has never been a stock split.

Impax Sustainable Allocation Fund Institutional Class Profile

NASDAQ Exchange
United States Country

Overview

The company operates as an investment adviser, focusing on a balanced and sustainable investment strategy by distributing its assets across both equity and debt securities. With an investment allocation typically ranging from 50-75% in equity securities and 25-50% in debt securities, including options for convertible debt securities, the adviser adopts a comprehensive approach to asset management. Its multi-asset Environmental, Social, and Governance (ESG) strategy is targeted at achieving lower volatility for investors by blending complementary investment methodologies. This strategic mix aims to deliver stable returns while adhering to ESG principles, addressing growing investor demand for responsible and sustainable investing.

Products and Services

The company offers a range of investment products and services designed to cater to the varying needs of investors, each incorporating the ESG strategy to ensure sustainability and responsibility in investments.

  • Equity Securities Investment
  • Investors are provided with opportunities to invest in a diversified portfolio of equity securities. This service focuses on allocating 50-75% of the company’s assets to stocks and equity investments in companies that meet stringent ESG criteria. The goal is to achieve growth by capitalizing on the appreciative potential of equity markets while adhering to ethical investing principles.

  • Debt Securities Investment
  • The company also dedicates 25-50% of its assets to debt securities, which may include bonds and convertible securities. This portion of the portfolio aims to provide investors with steady income and lower volatility compared to equity investments. Convertible debt options bring an added layer of flexibility, enabling investments to potentially benefit from the growth of underlying equity values.

  • Multi-Asset ESG Strategy
  • The cornerstone of the company’s offering is its multi-asset ESG strategy, designed to fuse the rigorous selection criteria of ESG investing with a balanced mix of equity and debt securities for reduced volatility. This strategy seeks to cater to investors looking for sustainable investment options that do not compromise on ethical standards, while aiming for financial resilience and lower risk exposure.

Contact Information

Address: Portsmouth, NH 03801-3852
Phone: -