Pax High Yield Bond Fund Individual Investor Class

 (MUTF:PAXHX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.15%
   
1 week   +0.44%
   
4 week   +1.96%
   
3 month   +2.41%
   
YTD   +3.63%
   
1 year   +15.36%
   
3 years*   +2.23%
   
5 years*   +4.84%
   
*annualized
Best 3 month return+11.79%  
Worst 3 month return-23.88%  

Morningstar statistics

Morningstar category: High Yield Bond
  Return Risk Rating
3 years Below Average Above Average
5 years Below Average Average
10 years Below Average Below Average
Overall Below Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets406.44M 
Front load-  
Deferred load-  
Expense ratio0.97%  
Management fee-  
Fund familyPax World 

Asset allocation

Cash4.38%  
Stocks0.08%  
Bonds92.68%  
Other2.87%  

Purchase information

Initial$1,000  
Additional$50  
6.86+0.01(0.15%)
Apr 25, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high current income; as a secondary investment objective, it seeks capital appreciation. Under normal market conditions, the High Yield Bond Fund invests at least 80% of its assets (plus any borrowings for investment purposes) in high-yield, fixed income securities (such as bonds, notes or debentures) 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 High Yield Bond Fund's investment adviser to be of comparable quality.
Fund filings (PDF) »
Asset managers:
Kent Siefers (Started: Jan 23, 2015)
Peter Schwab (Started: Oct 26, 2015)
Advisor Company:
Pax World Management LLC
Fund family reports on Morningstar »
Pax World, 30 Penhallow Street, Suite 400, Portsmouth, NH, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 15.48 1.38 3.82 2.95
Beta* 0.51 0.24 0.33 0.54
Mean annual return 1.33 0.18 0.39 0.46
R-squared* 19.14 1.42 3.35 4.48
Standard deviation 3.94 6.02 5.19 8.47
Sharpe ratio 3.93 0.33 0.88 0.58
* Against standard index

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