# EDGAR Filing Document

**Accession Number:** 0000076721
**File Stem:** 0001398344-23-005219
**Filing Date:** 2023-2
**Character Count:** 18360
**Document Hash:** 7283f91cee63919cdef198bae841bc46
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-23-005219.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001398344-23-005219

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMPAX FUNDS SERIES TRUST I
- **CENTRAL INDEX KEY:** 0000076721
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02064
- **FILM NUMBER:** 23687247

**BUSINESS ADDRESS:**
- **STREET 1:** 30 PENHALLOW STREET, SUITE 400
- **CITY:** PORTSMOUTH
- **STATE:** NH
- **ZIP:** 03801-3852
- **BUSINESS PHONE:** 800-767-1729

**MAIL ADDRESS:**
- **STREET 1:** 30 PENHALLOW STREET, SUITE 400
- **CITY:** PORTSMOUTH
- **STATE:** NH
- **ZIP:** 03801-3852

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD FUNDS SERIES TRUST I
- **DATE OF NAME CHANGE:** 20070831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD BALANCED FUND
- **DATE OF NAME CHANGE:** 20061113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD BALANCED FUND INC
- **DATE OF NAME CHANGE:** 20040624

## Series and Classes Contracts Data

### Impax Large Cap Fund (Series ID: S000055844)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000175860 | Institutional Class | PXLIX           |
| C000175861 | Investor Class      | PAXLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Impax Funds Series Trust I

- **b. Investment Company Act file number:** 811-02064

- **c. CIK number of Registrant:** 0000076721

- **d. LEI of Registrant:** 549300TD5R23SWU72456

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 30 Penhallow St.

  - **City:** Portsmouth

  - **State:** NH

  - **Foreign country:** US

  - **Zip / Postal Code:** 03801

  - **Telephone number:** 800-767-1729

**Item A.2. Information about the Series.**

- **a. Name of Series:** Impax Large Cap Fund

- **b. EDGAR series identifier (if any):** S000055844

- **c. LEI of Series:** 549300NZ5W3SP8MQMW39

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1349160367.88

**Total Liabilities:** $926200.82

**Net Assets:** $1348234167.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000175860 | -6.40%               | 5.75%                | 8.39%                |
| Class ID C000175861 | -6.47%               | 5.77%                | 8.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7653911.59              | $-100865464.30                             |
| Month 2  | $-3625948.98             | $81011275.10                               |
| Month 3  | $-21663712.69            | $125985892.86                              |

### Schedule of Portfolio Investments

| Name                         | Title                     | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACCENTURE PLC CL A           | COMMON STOCK USD.0000225  | CUSIP: G1151C101<br>LEI: N/A | Long             | EC               | CORP              | IE        |     84100 | NS      | $22441244.00  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUIT | REIT USD.01               | CUSIP: 015271109<br>LEI: N/A | Long             | RE               | RF                | US        |    138963 | NS      | $20242740.21  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL A            | COMMON STOCK USD.001      | CUSIP: 02079K305<br>LEI: N/A | Long             | EC               | CORP              | US        |    443160 | NS      | $39100006.80  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL C            | COMMON STOCK USD.001      | CUSIP: 02079K107<br>LEI: N/A | Long             | EC               | CORP              | US        |    285060 | NS      | $25293373.80  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC               | COMMON STOCK USD.01       | CUSIP: 023135106<br>LEI: N/A | Long             | EC               | CORP              | US        |    295470 | NS      | $24819480.00  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WATER WORKS CO INC  | COMMON STOCK USD.01       | CUSIP: 030420103<br>LEI: N/A | Long             | EC               | CORP              | US        |     89229 | NS      | $13600284.18  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                    | COMMON STOCK USD.00001    | CUSIP: 037833100<br>LEI: N/A | Long             | EC               | CORP              | US        |    481912 | NS      | $62614826.16  | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC        | COMMON STOCK USD.01       | CUSIP: 038222105<br>LEI: N/A | Long             | EC               | CORP              | US        |    329982 | NS      | $32133647.16  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                    | COMMON STOCK USD.01       | CUSIP: G6095L109<br>LEI: N/A | Long             | EC               | CORP              | IE        |    354100 | NS      | $32977333.00  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANTOR INC                  | COMMON STOCK USD.01       | CUSIP: 05352A100<br>LEI: N/A | Long             | EC               | CORP              | US        |    986987 | NS      | $20815555.83  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BAXTER INTERNATIONAL INC     | COMMON STOCK USD1.0       | CUSIP: 071813109<br>LEI: N/A | Long             | EC               | CORP              | US        |    320700 | NS      | $16346079.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                | COMMON STOCK USD.01       | CUSIP: 09247X101<br>LEI: N/A | Long             | EC               | CORP              | US        |     29236 | NS      | $20717506.68  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL MYERS SQUIBB CO      | COMMON STOCK USD.1        | CUSIP: 110122108<br>LEI: N/A | Long             | EC               | CORP              | US        |    236839 | NS      | $17040566.05  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP     | COMMON STOCK USD.01       | CUSIP: 174610105<br>LEI: N/A | Long             | EC               | CORP              | US        |    823868 | NS      | $32435683.16  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN HOLDINGS INC           | COMMON STOCK USD5.0       | CUSIP: 228368106<br>LEI: N/A | Long             | EC               | CORP              | US        |    265147 | NS      | $21797734.87  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP              | COMMON STOCK USD.01       | CUSIP: 126650100<br>LEI: N/A | Long             | EC               | CORP              | US        |    323260 | NS      | $30124599.40  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                 | COMMON STOCK USD.01       | CUSIP: 235851102<br>LEI: N/A | Long             | EC               | CORP              | US        |     68400 | NS      | $18154728.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                  | REIT USD.001              | CUSIP: 29444U700<br>LEI: N/A | Long             | RE               | RF                | US        |     27442 | NS      | $17975333.26  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ESTEE LAUDER COMPANIES CL A  | COMMON STOCK USD.01       | CUSIP: 518439104<br>LEI: N/A | Long             | EC               | CORP              | US        |     94600 | NS      | $23471206.00  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON PLC                 | COMMON STOCK GBP.1        | CUSIP: G3421J106<br>LEI: N/A | Long             | EC               | CORP              | GB        |    151400 | NS      | $19223258.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: —       |
| FISERV INC                   | COMMON STOCK USD.01       | CUSIP: 337738108<br>LEI: N/A | Long             | EC               | CORP              | US        |    252992 | NS      | $25569901.44  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC              | COMMON STOCK USD.01       | CUSIP: 668771108<br>LEI: N/A | Long             | EC               | CORP              | US        |   1049995 | NS      | $22501392.85  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| INTL FLAVORS + FRAGRANCES    | COMMON STOCK USD.125      | CUSIP: 459506101<br>LEI: N/A | Long             | EC               | CORP              | US        |    207535 | NS      | $21757969.40  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA HOLDINGS INC           | COMMON STOCK USD.01       | CUSIP: 46266C105<br>LEI: N/A | Long             | EC               | CORP              | US        |    112715 | NS      | $23094176.35  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE + CO          | COMMON STOCK USD1.0       | CUSIP: 46625H100<br>LEI: N/A | Long             | EC               | CORP              | US        |    237247 | NS      | $31814822.70  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWE S COS INC               | COMMON STOCK USD.5        | CUSIP: 548661107<br>LEI: N/A | Long             | EC               | CORP              | US        |    164210 | NS      | $32717200.40  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MCCORMICK + CO NON VTG SHRS  | COMMON STOCK              | CUSIP: 579780206<br>LEI: N/A | Long             | EC               | CORP              | US        |    246055 | NS      | $20395498.95  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK + CO. INC.             | COMMON STOCK USD.5        | CUSIP: 58933Y105<br>LEI: N/A | Long             | EC               | CORP              | US        |    328968 | NS      | $36498999.60  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP               | COMMON STOCK USD.00000625 | CUSIP: 594918104<br>LEI: N/A | Long             | EC               | CORP              | US        |    361450 | NS      | $86682939.00  | 6.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANON + CO                 | COMMON STOCK USD.01       | CUSIP: 68622V106<br>LEI: N/A | Long             | EC               | CORP              | US        |    901841 | NS      | $25188419.13  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP          | COMMON STOCK USD.01       | CUSIP: 68902V107<br>LEI: N/A | Long             | EC               | CORP              | US        |    227334 | NS      | $17802525.54  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP | COMMON STOCK USD5.0       | CUSIP: 693475105<br>LEI: N/A | Long             | EC               | CORP              | US        |    197934 | NS      | $31261695.96  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG INDUSTRIES INC           | COMMON STOCK USD1.66666   | CUSIP: 693506107<br>LEI: N/A | Long             | EC               | CORP              | US        |    168392 | NS      | $21173610.08  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER + GAMBLE CO/THE      | COMMON STOCK              | CUSIP: 742718109<br>LEI: N/A | Long             | EC               | CORP              | US        |    192655 | NS      | $29198791.80  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                 | REIT USD.01               | CUSIP: 74340W103<br>LEI: N/A | Long             | RE               | RF                | US        |    226763 | NS      | $25562992.99  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC               | COMMON STOCK USD.001      | CUSIP: 79466L302<br>LEI: N/A | Long             | EC               | CORP              | US        |    188154 | NS      | $24947338.86  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SSC GOVERNMENT MM GVMXX      | SSC GOVERNMENT MM GVMXX   | CUSIP: 7839989D1<br>LEI: N/A | Long             | STIV             | CORP              | US        |  10527669 | NS      | $10527669.17  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORP                   | COMMON STOCK USD1.0       | CUSIP: 871829107<br>LEI: N/A | Long             | EC               | CORP              | US        |    343395 | NS      | $26252547.75  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| T MOBILE US INC              | COMMON STOCK USD.0001     | CUSIP: 872590104<br>LEI: N/A | Long             | EC               | CORP              | US        |    228108 | NS      | $31935120.00  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP                  | COMMON STOCK USD.0833     | CUSIP: 87612E106<br>LEI: N/A | Long             | EC               | CORP              | US        |    165273 | NS      | $24632287.92  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY LTD          | COMMON STOCK CHF.57       | CUSIP: H84989104<br>LEI: N/A | Long             | EC               | CORP              | US        |    217097 | NS      | $24922735.60  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC       | COMMON STOCK USD1.0       | CUSIP: G8994E103<br>LEI: N/A | Long             | EC               | CORP              | IE        |    242603 | NS      | $40779138.27  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIMBLE INC                  | COMMON STOCK USD.001      | CUSIP: 896239100<br>LEI: N/A | Long             | EC               | CORP              | US        |    341022 | NS      | $17242072.32  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE CL B   | COMMON STOCK USD.01       | CUSIP: 911312106<br>LEI: N/A | Long             | EC               | CORP              | US        |    160197 | NS      | $27848646.48  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC   | COMMON STOCK USD.01       | CUSIP: 92532F100<br>LEI: N/A | Long             | EC               | CORP              | US        |     75058 | NS      | $21675249.24  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC CLASS A SHARES      | COMMON STOCK USD.0001     | CUSIP: 92826C839<br>LEI: N/A | Long             | EC               | CORP              | US        |    162654 | NS      | $33792995.04  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL INC           | COMMON STOCK USD.01       | CUSIP: 929089100<br>LEI: N/A | Long             | EC               | CORP              | US        |    525711 | NS      | $32325969.39  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO/THE           | COMMON STOCK USD.01       | CUSIP: 254687106<br>LEI: N/A | Long             | EC               | CORP              | US        |    409592 | NS      | $35585352.96  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| WEYERHAEUSER CO              | REIT USD1.25              | CUSIP: 962166104<br>LEI: N/A | Long             | RE               | RF                | US        |    479100 | NS      | $14852100.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| XYLEM INC                    | COMMON STOCK              | CUSIP: 98419M100<br>LEI: N/A | Long             | EC               | CORP              | US        |    160350 | NS      | $17729899.50  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** Impax Funds Series Trust I

**Signature:** /s/ Alicia DuBois

**Name of Signer:** Alicia DuBois

**Title:** Treasurer