Mr. Grant also serves as a member of the Board of Directors of the Fund. Shares of the Pax World High Yield Fund are offered without a front-end sales charge. All moneys placed with the Fund are fully credited to the shareholder's account. The Fund expects to pay dividends on net investment income, if any, monthly and to make distributions of any capital gains in excess of net capital losses at least annually. Dividends and distributions will be paid in additional Fund shares based on the net asset value of such shares at the close of business on the payment date.
Investors can receive all dividends and distributions in additional shares or in cash.
The Fund will notify each shareholder after the close of the Fund's taxable year of both the dollar amount and the taxable status of that year's dividends and distributions on a per-share basis. For more information, including charges and expenses, please obtain a prospectus to read carefully before investing. Pax World Managment Corp. All rights reserved.