Impax Global Environmental Markets Fund

Shareclass
Impax Global Environmental Markets Instl (PGINX)
Type
Open-end mutual fund
Sustainability mandate
Member of US-SIF
Prison industrial complex grade: One or more holdings were flagged by our prison industrial complex screen, but there were no higher risk companies in the portfolio. Assigned a grade of B.
B
$74.15 MILLION
Prison industrial complex
1
flagged holdings
3.24%
of assets flagged
Data as of 30 Nov 2023
Flagged investments:
$74.15 MILLION, 3.24% of assets
Higher risk:
$0, 0% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
1
holdings
$74.15M
invested
3.24%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
1
holdings
$74.15M
invested
3.24%
of portfolio
All flagged holdings
1 holdings
1 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $74.15M
    3.24%
Higher risk
Private prison operator
Impax Global Environmental Markets Fund $PGINX is 3.24% ($74.15 MILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on PGINX at Morningstar.com
Current fund
PGINX
Impax Global Environmental Markets Fund
Family
Impax Asset Management
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.8% less in annualized returns
Less invested in private prison operators 
0.01% less invested
Less invested in higher risk companies, prison industry 
0.14% less invested
Less invested in higher risk companies, border industry 
1.03% less invested
Less invested in higher risk companies 
1.06% less invested
Less invested in all screened prison industry companies 
7% less invested
Less invested in all screened border industry companies 
10.3% less invested
Less invested in all screened companies 
12.12% less invested
Current fund
PGINX
Impax Global Environmental Markets Fund
Family
Impax Asset Management
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.8% less in annualized returns
Less invested in private prison operators 
0.01% less invested
Less invested in higher risk companies, prison industry 
0.14% less invested
Less invested in higher risk companies, border industry 
1.03% less invested
Less invested in higher risk companies 
1.06% less invested
Less invested in all screened prison industry companies 
7% less invested
Less invested in all screened border industry companies 
10.3% less invested
Less invested in all screened companies 
12.12% less invested
Current fund
PGINX
Impax Global Environmental Markets Fund
Family
Impax Asset Management
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.8% less in annualized returns
Less invested in private prison operators 
0.01% less invested
Less invested in higher risk companies, prison industry 
0.14% less invested
Less invested in higher risk companies, border industry 
1.03% less invested
Less invested in higher risk companies 
1.06% less invested
Less invested in all screened prison industry companies 
7% less invested
Less invested in all screened border industry companies 
10.3% less invested
Less invested in all screened companies 
12.12% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
PGINX - Impax Global Environmental Markets Fund
6.08%
2.88%
10%
7.78%
0% 
Benchmark
ACWI - iShares MSCI ACWI ETF
14%
6.03%
10%
8.58%
0.01% 
Fund compared to benchmark
 
-8.13%
-3.14%
-0.02%
-0.8%
0.01%  lower
Find more financial data on PGINX at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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