Impax High Yield Bond Fund Investor Class (PAXHX)
Impax High Yield Bond Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Portsmouth, NH, US. The stock last traded at $6.12, up 0.16% on the session, giving a market capitalisation of $535.2M. Its beta of 0.68 implies it has historically moved less than the broad market.
Under normal market conditions, the 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 fund's investment adviser to be of comparable quality.
Impax High Yield Bond Fund Investor Class is most often compared with the following Financial Services names: