Impax Global Environmental Markets Fund Institutional Class (PGINX)
The investment seeks long-term growth of capital. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in companies whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture, and forestry.
Fund Info
US7042237757
704223775
Mar 27, 2008
$250,000
Large-Cap
Growth
Expense Ratio
PGINX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Impax Global Environmental Markets Fund Institutional Class, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Impax Global Environmental Markets Fund Institutional Class had a return of 4.70% year-to-date (YTD) and 4.43% in the last 12 months. Over the past 10 years, Impax Global Environmental Markets Fund Institutional Class had an annualized return of 7.25%, while the S&P 500 had an annualized return of 11.31%, indicating that Impax Global Environmental Markets Fund Institutional Class did not perform as well as the benchmark.
PGINX
4.70%
0.63%
-4.64%
4.43%
7.49%
7.25%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PGINX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.70% | 4.70% | |||||||||||
| 2024 | -1.85% | 5.43% | 3.32% | -4.61% | 4.58% | -0.79% | 4.35% | 1.48% | 1.90% | -4.77% | 2.53% | -9.50% | 0.89% |
| 2023 | 8.12% | -1.89% | 2.74% | -0.37% | -2.92% | 6.07% | 1.57% | -4.22% | -5.82% | -4.77% | 10.76% | 8.15% | 16.85% |
| 2022 | -10.79% | -5.30% | 1.03% | -6.83% | -0.05% | -10.69% | 12.63% | -7.51% | -9.29% | 7.89% | 11.90% | -4.49% | -22.65% |
| 2021 | -0.09% | 0.52% | 4.60% | 4.93% | 0.98% | 0.40% | 4.52% | 3.35% | -6.80% | 4.83% | -1.88% | 4.17% | 20.54% |
| 2020 | -1.53% | -7.24% | -14.06% | 9.83% | 7.79% | 3.01% | 8.35% | 6.05% | 0.32% | -1.23% | 10.32% | 4.79% | 26.00% |
| 2019 | 8.53% | 4.41% | 1.26% | 3.33% | -6.31% | 8.24% | -3.07% | -1.87% | 2.96% | 2.05% | 2.82% | 3.75% | 28.18% |
| 2018 | 3.64% | -5.18% | -1.00% | -1.71% | 0.71% | -1.44% | 5.17% | -1.24% | 0.76% | -10.01% | 3.54% | -10.05% | -16.75% |
| 2017 | 3.40% | 2.19% | 1.00% | 3.47% | 3.69% | 0.71% | 0.72% | 1.37% | 2.26% | 3.72% | 0.91% | -2.20% | 23.23% |
| 2016 | -7.56% | 1.26% | 9.24% | 1.71% | 1.12% | -1.07% | 4.65% | 2.30% | 1.65% | -4.13% | 1.23% | 0.94% | 10.91% |
| 2015 | -2.36% | 5.74% | -0.08% | 2.76% | 1.99% | -2.16% | -1.77% | -6.51% | -3.19% | 6.25% | 1.55% | -3.25% | -1.84% |
| 2014 | -3.50% | 5.40% | -1.38% | -1.40% | 2.28% | 1.68% | -4.20% | 2.55% | -5.28% | 2.46% | 0.16% | -1.41% | -3.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PGINX is 17, meaning it’s performing worse than 83% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Impax Global Environmental Markets Fund Institutional Class (PGINX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Impax Global Environmental Markets Fund Institutional Class provided a 0.54% dividend yield over the last twelve months, with an annual payout of $0.13 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.17 | $0.06 | $0.18 | $0.13 | $0.15 | $0.16 | $0.09 | $0.10 | $0.06 | $0.15 |
Dividend yield | 0.54% | 0.57% | 0.74% | 0.32% | 0.72% | 0.60% | 0.86% | 1.21% | 0.57% | 0.76% | 0.48% | 1.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Impax Global Environmental Markets Fund Institutional Class. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.13 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.16 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.09 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.06 |
| 2014 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Impax Global Environmental Markets Fund Institutional Class. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Impax Global Environmental Markets Fund Institutional Class was 52.48%, occurring on Mar 9, 2009. Recovery took 972 trading sessions.
The current Impax Global Environmental Markets Fund Institutional Class drawdown is 7.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.48% | Jun 6, 2008 | 189 | Mar 9, 2009 | 972 | Jan 17, 2013 | 1161 |
| -34.2% | Sep 7, 2021 | 278 | Oct 12, 2022 | 473 | Aug 30, 2024 | 751 |
| -33.2% | Feb 13, 2020 | 27 | Mar 23, 2020 | 81 | Jul 17, 2020 | 108 |
| -24.7% | Jan 29, 2018 | 229 | Dec 24, 2018 | 246 | Dec 16, 2019 | 475 |
| -21.83% | May 18, 2015 | 187 | Feb 11, 2016 | 142 | Sep 2, 2016 | 329 |
Volatility
Volatility Chart
The current Impax Global Environmental Markets Fund Institutional Class volatility is 3.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.