The Fund Grade · free · no account needed
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Impax Ellevate Global Women's Ldr Instl
#133 of 500 graded active funds · blend · large segment peer group
The point · specialist footprint
PXWIX puts more of its book behind proven specialists than 81% of graded funds.
Bottom 20%
Bottom 40%
Middle
Top 40%
● Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
10,000+ funds tracked · the graded specialists among them drive every read
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
PXWIX vs the Honor Roll · share card ↗Conviction exposure
45.4%
of the book in specialist-converged names
Late-stage weight
14.4%
of the book in Crowded or Fading names
Active share
80.5%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
PXWIX earns a B grade, ranking 133 of 500 funds, with specialists holding 45% of its weight. Early conviction positions in JNJ, MRK, and C suggest some genuine forward-looking bets, but fading signals on AVGO, GOOG, and PG mean roughly 5% of the fund sits in spots where proven specialists are already walking out.
→ Watch the combined fading weight in AVGO, GOOG, CMI, PG, and BNY closely, as specialists are actively leaving all five positions.
→ Note that JNJ, C, and MRK are early-stage holdings where specialist conviction is building, making them worth tracking for follow-through.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.