7.46 Down -0.02 -0.27%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 7.48
Category High Yield Bond
Net Assets 428.37 Mil
Yield 5.86%
Morningstar Risk Below Average
Morningstar Return Below Average
  • Last NAV update 9/29/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 10.35% 2.00% 13.41% 6.91% 2.50%
Value ($) 11,035.23 11,255.80 12,765.39 13,647.11 13,987.86
  • Year to date performance as of 9/29/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Pax World
Fund Manager Mary Austin
Tenure (Years) 9
Fund Status Open
Minimum Initial Purchase 1,000.00
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 0.96%
PERFORMANCE
Symbol Value ($)
1 Month -2.23%
3 Months -1.71%
1 Year 6.04%
3 Years* 8.91%
5 Years* 7.98%
  • * Annualized returns
  • Performance as of 9/29/2014 12:00 AM ET
PEER COMPARISON
  PAXHX High Yield Bond
5-Yr Return 7.98% 9.31%
Sharpe Ratio 2.02 2.98
Net Assets 428.37 Mil 449.28 Mil
Avg Market Cap 4.46 Bil 12.59 Bil
Avg P/E 13.96 21.00
Portfolio Turnover 58 78
HOLDINGS
Symbol Value ($)
Stocks 2.90%
Cash 2.64%
Fixed Income 93.01%
Other 1.86%
TOP 10 HOLDINGS
NAME % NET ASSETS
Alta Mesa Hldgs 9.625% 1.63%
Emerald Expositions Hldg 144A 9% 1.59%
Williams Clayton Engy 7.75% 1.54%
Chaparral Engy 7.625% 1.45%
Penn Va 8.5% 1.45%
Jack Cooper Hldgs 144A 9.25% 1.42%
Syncreon Global Bv 144A 8.625% 1.41%
Ingles Mkts 5.75% 1.40%
Omega Healthcare Invs 5.875% 1.39%
Michael Baker Hldgs 144A 8.875% 1.38%
DATA PROVIDERS

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