Impax Global Infrastructure ETF (NYSE: BLDX) expands access to established strategy with flexible structure

Impax Asset Management today announced the completion of the conversion of the Impax Global Sustainable Infrastructure Fund into the Impax Global Infrastructure ETF (NYSE: BLDX), marking the firm’s first exchange-traded fund and expanding access to its listed sustainable infrastructure strategy through a more flexible, tax-efficient structure.

The conversion, approved by the fund’s Board of Trustees, becomes effective as of market open today, February 2, 2026.

BLDX seeks long-term capital growth with income by investing in a diversified portfolio of global listed companies that provide the essential systems and services underpinning the transition to a more sustainable economy. These include businesses across clean energy and electrification, digital infrastructure, water and waste management, and other critical infrastructure segments.

For advisors, the ETF structure offers several practical advantages, including intraday trading, potential tax efficiency through the ETF creation and redemption process, and the ability to hold the strategy seamlessly within brokerage platforms.

Ed Farrington, President, North America, Impax said: “We’ve been closely monitoring the growth of the ETF market and believed the Global Sustainable Infrastructure Fund was a natural fit for the structure. The move to an ETF is intended to meet the evolving needs of clients and reflect how Registered Investment Advisors are building portfolios, prioritizing tax efficiency, intraday liquidity and operational simplicity, while retaining the benefits of Impax’s active management and investment philosophy.”

Robb Ruhr, Head of Portfolio Specialists, North America, Impax added: “The strategy itself is unchanged. Now in an ETF wrapper that fits more naturally into modern advisory portfolios, clients can take advantage of the same thematic opportunities connected to the transition to a more sustainable economy.”

BLDX is listed on the New York Stock Exchange and is available on major custodial and trading platforms, including Fidelity, Schwab, and Pershing. For more information, visit https://etf.impaxam.com/bldx

About Impax Asset Management

Founded in 1998 and with $32.7 billion of assets under management as of December 31, 2025 and approximately 100 investment professionals within listed equities, fixed income and private markets, Impax is one of the largest specialist investors focused on the transition to a more sustainable economy.

We believe strong investment returns can be generated by investors who better understand the opportunities and risks associated with forces shaping the future, including resource constraints, policy and regulation, technological innovation, and evolving social trends.

We believe these trends are reshaping capital markets: driving growth for well-positioned companies and creating risks for those unable or unwilling to adapt. Our investment approach seeks out high-quality companies and issuers with enduring business models and sound risk management, aiming to deliver strong outcomes for our clients over the medium to long term.

www.impaxam.com

You should always consider Impax funds’ investment objectives, risks, and charges and expenses carefully before investing. For this and other important information, please obtain a fund prospectus by calling 800.767.1729 or visiting www.impaxam.com. Please read the prospectus carefully before investing.

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Investing involves risk. Principal loss is possible. Non-US securities may have less liquidity and more volatile prices than domestic securities, which can make it difficult for the Fund to sell such securities at desired times or prices. Investments in emerging markets are likely to have greater exposure to the risks associated with investments in non-US securities generally. The values of growth securities may be more sensitive to changes in current or expected earnings than the values of other securities. Value securities are securities the investment adviser believes are selling at a price lower than their true value, perhaps due to adverse business developments or special risks. Investments in real estate investment trusts (REITs) and in securities of other companies principally engaged in the real estate industry subject a Fund to, among other things, risks similar to those of direct investments in real estate and the real estate industry in general.

ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a premium or discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF’s ability to sell its shares. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.

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“We believe the Global Sustainable Infrastructure Fund is a natural fit for the ETF structure. The move is intended to meet the evolving needs of clients and reflect how RIAs are building portfolios," Ed Farrington, President, North America, Impax.