Impax High Yield Bond Fund Investor Class (PAXHX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Bonds industry.
PAXHX has IPO date of 1999-10-08, listed on the NASDAQ, a market capitalization of $525.6M.
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.
