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.
Fund filings (PDF) »

Asset manager:
Mary Austin (Started: Dec 30, 2005)

Advisor Company:
Pax World Management Corp.
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	43.61	0.67	1.54	0.93
Beta*	-1.11	0.78	0.79	0.53
Mean annual return	2.45	0.49	0.51	0.46
R-squared*	24.95	89.71	8.14	5.15
Standard deviation	10.20	13.02	10.22	8.76
Sharpe ratio	2.86	0.27	0.30	0.30
* Against standard index

Risk measurement details »

Security	Net Assets
Asset Repackaging	1.96%
Us Oncology 10.75%	1.96%
Dole Food 144A 13.875%	1.96%
Stater Bros Hldgs 7.75%	1.88%
Leslies Poolmart 7.75%	1.86%
Wmg Acquisition 144A 9.5%	1.86%
Levi Strauss 9.75%	1.82%
Metropcs Wireless 9.25%	1.77%
Sally Hldgs 10.5%	1.76%
HCA INC	1.75%

Holdings Performance »