# EDGAR Filing Document

**Accession Number:** 0000076721
**File Stem:** 0002071691-25-005484
**Filing Date:** 2025-11
**Character Count:** 16424
**Document Hash:** b3680ff58f4d3dd624ed81842e0ac4fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-005484.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0002071691-25-005484

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMPAX FUNDS SERIES TRUST I
- **CENTRAL INDEX KEY:** 0000076721

**ORGANIZATION NAME:**
- **EIN:** 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:** 251507410

**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 Global Opportunities Fund (Series ID: S000062224)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000201507 | Institutional Class | PXGOX           |
| C000201508 | Investor Class      | PAXGX           |

## 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., Suite 100

  - **City:** Portsmouth

  - **State:** NH

  - **Foreign country:** US

  - **Zip / Postal Code:** 03801

  - **Telephone number:** 603-431-8022

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

- **a. Name of Series:** Impax Global Opportunities Fund

- **b. EDGAR series identifier (if any):** S000062224

- **c. LEI of Series:** 5493008PKSO3C54ZXR37

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $131394926.35

**Total Liabilities:** $159366.61

**Net Assets:** $131235559.74

**Cash Not Reported:** $37305.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000201508 | 1.31%                | -0.67%               | 1.07%                |
| Class ID C000201507 | 1.35%                | -0.72%               | 1.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2424505.13              | $-537469.73                                |
| Month 2  | $1093744.16              | $-2086067.93                               |
| Month 3  | $1784298.33              | $-348224.04                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Oracle Corp.                     | Oracle Corp.                     | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     16640 | NS      | $4679833.60   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.     | Cadence Design Systems, Inc.     | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     10042 | NS      | $3527352.92   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                     | NVIDIA Corp.                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     32737 | NS      | $6108069.46   | 4.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                      | Xylem, Inc.                      | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     25624 | NS      | $3779540.00   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                    | Danaher Corp.                    | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     13000 | NS      | $2577380.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.          | Boston Scientific Corp.          | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     53891 | NS      | $5261378.33   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeronimo Martins SGPS SA         | Jeronimo Martins SGPS SA         | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |     99468 | NS      | $2421569.77   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co. Ltd.        | Recruit Holdings Co. Ltd.        | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |     45700 | NS      | $2457009.12   | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                          | Sika AG                          | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |     11160 | NS      | $2506075.66   | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Mastercard, Inc.                 | Mastercard, Inc., Class A        | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      9145 | NS      | $5201767.45   | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.         | Marvell Technology, Inc.         | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21663 | NS      | $1821208.41   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE            | Schneider Electric SE            | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |     12683 | NS      | $3569910.92   | 2.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                | Wolters Kluwer NV                | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     14812 | NS      | $2021836.73   | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| TE Connectivity plc              | TE Connectivity plc              | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |     12055 | NS      | $2646434.15   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group plc  | London Stock Exchange Group plc  | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |     26093 | NS      | $2992426.59   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                   | MediaTek, Inc.                   | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |     72000 | NS      | $3122622.07   | 2.38%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Prime Money Market Fund | JPMorgan Prime Money Market Fund | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   4615117 | NS      | $4615116.52   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon plc                       | Haleon plc                       | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |    507092 | NS      | $2282006.00   | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Applied Materials, Inc.          | Applied Materials, Inc.          | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     13276 | NS      | $2718128.24   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI Corp.                       | KDDI Corp.                       | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    105800 | NS      | $1687354.29   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| RenaissanceRe Holdings Ltd.      | RenaissanceRe Holdings Ltd.      | CUSIP: N/A<br>LEI: EK6GB9U3U58PDI411C94       | Long             | EC               | CORP              | BM        |     12687 | NS      | $3221609.91   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.       | Cullen/Frost Bankers, Inc.       | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     28897 | NS      | $3663272.69   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd.                   | HDFC Bank Ltd.                   | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     72424 | NS      | $2474003.84   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.      | Marsh & McLennan Cos., Inc.      | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     15223 | NS      | $3067891.19   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                 | ServiceNow, Inc.                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2814 | NS      | $2589667.92   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                    | Hubbell, Inc., Class B           | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      8444 | NS      | $3633537.64   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                  | Microsoft Corp.                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     14225 | NS      | $7367838.75   | 5.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group plc                | Ashtead Group plc                | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |     45390 | NS      | $3043917.00   | 2.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Group plc                  | Kerry Group plc, Class A         | CUSIP: N/A<br>LEI: 635400TLVVBNXLFHWC59       | Long             | EC               | CORP              | IE        |     24897 | NS      | $2247643.80   | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                     | KBC Group NV                     | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |     35093 | NS      | $4205507.98   | 3.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Intuitive Surgical, Inc.         | Intuitive Surgical, Inc.         | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      7292 | NS      | $3261201.16   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                         | Alcon AG                         | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |     42052 | NS      | $3162935.17   | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific, Inc.   | Thermo Fisher Scientific, Inc.   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      5286 | NS      | $2563815.72   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp.                    | Keyence Corp.                    | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |      8350 | NS      | $3110883.62   | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Aptiv plc                        | Aptiv plc                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |     40211 | NS      | $3466992.42   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis, Inc.                     | Zoetis, Inc., Class A            | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     16889 | NS      | $2471198.48   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay, Inc.                       | eBay, Inc.                       | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     34933 | NS      | $3177156.35   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                     | Cintas Corp.                     | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16294 | NS      | $3344506.44   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                        | Linde plc                        | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     10706 | NS      | $5085350.00   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** IMPAX FUNDS SERIES TRUST I

**Signature:** Daniel Saltus

**Name of Signer:** Daniel Saltus

**Title:** Treasurer