Impax Global Environmental Markets Fund
PGINX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Emmanuel Roman
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Portsmouth, NH 03801-3852 Newport Beach CA United States of America 92660
- IPO Date
- Mar 28, 2008
- CIK
- 0000076721
- Website
- pimco.com
- Similar Companies
- Business
- Impax Global Environmental Markets Fund (PGINX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities of companies deriving at least 20% of their revenue from environmental markets, including resource efficiency, alternative energy, water infrastructure and technologies, waste management, sustainable food and agriculture, and environmental services; the fund employs a research-intensive bottom-up stock selection process targeting all-cap companies positioned to benefit from macro themes such as population growth, urbanization, resource depletion, and the transition to a sustainable economy. Managed by Impax Asset Management LLC, a specialist sustainable investment firm founded in 1998 and headquartered in London, United Kingdom, with additional offices in the United States, Hong Kong, Japan, Ireland, and Denmark, the fund operates globally with a portfolio typically comprising 40-65 holdings diversified across sectors like industrials (approximately 36%), technology (31%), and basic materials (12%), and regions including the United States (around 68%), Europe (17%), and Asia (7%); it offers Investor Class (PGRNX), Class A, and Institutional Class (PGINX) shares, with total net assets exceeding $1.8 billion as of late 2025. Recent leadership transitions include the planned retirement of co-Chief Investment Officer Bruce Jenkyn-Jones on June 30, 2026, with his responsibilities transitioning to Charles French effective October 1, 2025, reverting the firm to a single CIO structure; additionally, portfolio manager Hubert Aarts retires December 31, 2025, after stepping down as deputy-CIO in 2024, with Luciano Lilloy added as co-manager of the Leaders strategy alongside David Winborne and Siddharth Jha effective October 1, 2025. The fund maintains a focus on high-conviction environmental leaders, with top holdings such as Microsoft Corp. (5.4%), Linde PLC (4.8%), Air Liquide SA (4.5%), Waste Management Inc. (4.3%), and Agilent Technologies Inc. (3.8%), reflecting exposure to technology-based solutions in energy efficiency, pollution control, and resource management; no major acquisitions, funding rounds, or product launches were reported in 2024-2025, though portfolio turnover stood at 30% as of November 2025 amid strategic consolidation into resilient, growth-oriented positions.