Benchmark Morningstar Category
Allocation--50% to 70% Equity

Asset Allocation

 

PAXWX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 06/30/2016
Cash 3.53 0.13 3.66 1.92 6.68
US Stock 52.96 0.00 52.96 40.38 45.34
Non US Stock 10.25 0.00 10.25 20.78 12.13
Bond 33.11 0.00 33.11 36.76 33.80
Other 0.14 0.00 0.14 0.16 2.05
 

Style Details

 

PAXWX

Avg Market Cap USD
47,913 Mil
 
Benchmark Market Cap USD
26,212 Mil
 
Category Avg Market Cap USD
49,006 Mil
Market Capitalization
Size % of Portfolio Benchmark Category Avg
Giant 41.14 39.00 50.99
Large 41.70 27.77 26.04
Medium 13.21 23.69 17.09
Small 3.95 9.26 4.65
Micro 0.00 0.28 1.23
Value & Growth Measures
Stock Portfolio Benchmark Category Avg
As of 06/30/2016
*Forward-looking based on historical data
Style and Market Cap Breakdown and Value and Growth Measures are calculated only using the long position holdings of the portfolio.
Price/Prospective Earnings* 18.51 17.22 17.72
Price/Book* 2.32 1.89 2.21
Price/Sales* 1.96 1.34 1.53
Price/Cash Flow* 9.44 7.00 8.24
Dividend Yield %* 2.23 2.73 2.58
Long-Term Earnings % 9.45 9.20 10.95
Historical Earnings % 5.24 -55.14 -37.20
Sales Growth % 0.65 -35.06 -6.33
Cash-Flow Growth % -0.87 -11.56 3.35
Book-Value Growth % 3.98 -12.44 0.16
 
Ownership Zone
Weighted Average of holdings

75% of fund's stock holdings
 
Holdings Style
Portfolio Weight%
> 50% 25–50% 10–25% 0–10%
Investment Style History
Year Style % Equity
*As of 06/30/2016
Style Box Detail calculations do not include the fund's short positions (if any).
2016* 63.21
2015 64.95
2014 62.73
2013 64.56
2012 69.81
Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 03/31/2016
2016 33.11
2015 31.29
2014 33.34
2013 33.28
2012 26.08
 
Bond Statistics
Detail Value
As of 03/31/2016, *As of 06/30/2016
Average Effective Duration (Years)* 4.99
Average Effective Maturity (Years)*
Average Credit Quality A
Average Weighted Coupon* 3.16
Average Weighted Price* 108.54
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 65.40 69.68 41.36
AA 7.93 9.83 9.69
A 8.43 10.77 13.35
BBB 16.04 9.64 17.39
BB 0.40 0.05 6.14
B 0.00 0.00 5.22
Below B 0.00 0.01 1.55
Not Rated 1.80 0.03 5.30
As of 03/31/2016
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

PAXWX

% Stocks Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
Cyclical
Basic Materials 2.91 5.28 4.03
Consumer Cyclical 6.83 11.41 11.37
Financial Services 17.85 16.19 15.36
Real Estate 1.62 6.29 3.03
Sensitive
Communication Services 8.86 4.27 4.50
Energy 6.77 6.66 7.13
Industrials 8.36 11.36 11.35
Technology 16.48 14.41 15.89
Defensive
Consumer Defensive 9.95 9.20 9.44
Healthcare 17.33 10.84 14.63
Utilities 3.03 4.08 3.28
As of 06/30/2016
Sector data is calculated only using the long position holdings of the portfolio.
Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 35.43 62.91 27.26
Government 27.45 61.53 21.53
Government-Related 7.98 1.38 5.73
       
Corporate 23.79 30.22 30.86
       
Securitized 25.09 1.88 20.26
Agency Mortgage-Backed 23.39 1.58 11.37
Non-Agency Residential MBS 1.54 0.03 1.83
Commercial MBS 0.15 0.24 3.94
Asset-Backed 0.00 0.03 3.11
Covered Bond 0.00 0.00 0.00
       
Municipal 5.73 0.01 0.60
       
Cash & Equivalents 9.96 4.98 19.22
       
Other 0.00 0.00 1.80
As of 06/30/2016
Sector data is calculated only using the rescaled long position holdings of the portfolio.
Coupon Range
Type % Bonds Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
0% 0.00 0.07 1.69
0% to 4% 78.35 84.16 65.88
4% to 6% 13.27 12.02 23.07
6% to 8% 6.90 2.96 7.42
8% to 10% 1.49 0.75 1.54
10% to 12% 0.00 0.04 0.32
More than 12% 0.00 0.00 0.08
As of 06/30/2016
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

PAXWX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 95.82 84.45 89.90
Supranational 2.17 0.00 0.31
Netherlands 0.90 1.48 0.98
Ireland 0.77 0.39 0.19
Canada 0.33 0.96 1.01
As of 06/30/2016
Country breakdown data is calculated only using the long position holdings of the portfolio.

Bond Maturity Breakdown

 

PAXWX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 15.84 13.15 18.18
3 to 5 Years 13.45 34.64 16.48
5 to 7 Years 11.92 33.34 13.99
7 to 10 Years 19.03 8.01 15.36
10 to 15 Years 10.33 2.24 3.36
15 to 20 Years 8.69 1.17 2.90
20 to 30 Years 18.38 7.09 22.29
Over 30 Years 2.34 0.35 7.44
As of 06/30/2016
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World Regions

 

PAXWX

% Stocks Benchmark Category Avg
As of 06/30/2016
Region breakdown data is calculated by using the long position holdings of the portfolio equity part only.
Americas 84.11 69.51 80.23
North America 84.11 67.80 79.88
Latin America 0.00 1.71 0.36
Greater Europe 10.98 14.18 12.95
United Kingdom 1.97 3.74 4.62
Europe Developed 8.73 8.50 7.96
Europe Emerging 0.00 0.76 0.12
Africa/Middle East 0.27 1.17 0.25
Greater Asia 4.91 16.31 6.79
Japan 3.13 5.13 3.17
Australasia 1.23 1.45 0.76
Asia Developed 0.41 4.56 1.51
Asia Emerging 0.14 5.17 1.35
Market Classification
% Developed Markets 99.86 91.52 98.00
% Emerging Markets 0.14 8.48 2.01
 
Greater Asia Americas Greater Europe

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