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		<filerInfo>

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			<seriesClassInfo>
				<seriesId>S000055844</seriesId>
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				<classId>C000175861</classId>
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			<regFileNumber>811-02064</regFileNumber>
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			<regLei>549300TD5R23SWU72456</regLei>
			<regStreet1>30 Penhallow St.</regStreet1>
			<regStreet2>Suite 400</regStreet2>
			<regCity>Portsmouth</regCity>
			<regStateConditional regCountry="US" regState="US-NH"/>
			<regZipOrPostalCode>03801</regZipOrPostalCode>
			<regPhone>800-767-1729</regPhone>
			<seriesName>PAX LARGE CAP FUND</seriesName>
			<seriesId>S000055844</seriesId>
			<seriesLei>549300NZ5W3SP8MQMW39</seriesLei>
			<repPdEnd>2021-12-31</repPdEnd>
			<repPdDate>2021-09-30</repPdDate>
			<isFinalFiling>N</isFinalFiling>
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			<totLiabs>822390.72</totLiabs>
			<netAssets>1400117473.08</netAssets>
			<assetsAttrMiscSec>0</assetsAttrMiscSec>
			<assetsInvested>0</assetsInvested>
			<amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
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			<isNonCashCollateral>N</isNonCashCollateral>
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				<isRestrictedSec>N</isRestrictedSec>

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				<lei>N/A</lei>
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					<isin value="US02079K3059"/>
					<ticker value="GOOGL"/>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>ALPHABET INC CL C</name>
				<lei>N/A</lei>
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				<identifiers>
					<isin value="US02079K1079"/>
					<ticker value="GOOG"/>
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				<assetCat>EC</assetCat>
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				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>AMAZON.COM INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>023135106</cusip>
				<identifiers>
					<isin value="US0231351067"/>
					<ticker value="AMZN"/>
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				<balance>12028</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>39512461.12</valUSD>
				<pctVal>2.8220818524</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>AMERICAN TOWER CORP</name>
				<lei>N/A</lei>
				<title>REIT USD.01</title>
				<cusip>03027X100</cusip>
				<identifiers>
					<isin value="US03027X1000"/>
					<ticker value="AMT"/>
				</identifiers>
				<balance>79200</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>21020472</valUSD>
				<pctVal>1.5013363096</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>AMERICAN WATER WORKS CO INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>030420103</cusip>
				<identifiers>
					<isin value="US0304201033"/>
					<ticker value="AWK"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14081032</valUSD>
				<pctVal>1.0057036121</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>APPLE INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.00001</title>
				<cusip>037833100</cusip>
				<identifiers>
					<isin value="US0378331005"/>
					<ticker value="AAPL"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>54785970</valUSD>
				<pctVal>3.9129552379</pctVal>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>APPLIED MATERIALS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>038222105</cusip>
				<identifiers>
					<isin value="US0382221051"/>
					<ticker value="AMAT"/>
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				<units>NS</units>
				<curCd>USD</curCd>
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				<pctVal>2.6809818706</pctVal>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>APTIV PLC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>G6095L109</cusip>
				<identifiers>
					<isin value="JE00B783TY65"/>
					<ticker value="APTV"/>
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				<units>NS</units>
				<curCd>USD</curCd>
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				<pctVal>1.9162318531</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>IE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>ARISTA NETWORKS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>040413106</cusip>
				<identifiers>
					<isin value="US0404131064"/>
					<ticker value="ANET"/>
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				<units>NS</units>
				<curCd>USD</curCd>
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				<pctVal>1.5241609658</pctVal>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>BECTON DICKINSON AND CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>075887109</cusip>
				<identifiers>
					<isin value="US0758871091"/>
					<ticker value="BDX"/>
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				<units>NS</units>
				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>BLACKROCK INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>09247X101</cusip>
				<identifiers>
					<isin value="US09247X1019"/>
					<ticker value="BLK"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>22665625.16</valUSD>
				<pctVal>1.6188373901</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>BRISTOL MYERS SQUIBB CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>110122108</cusip>
				<identifiers>
					<isin value="US1101221083"/>
					<ticker value="BMY"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>34151799.77</valUSD>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>CITIZENS FINANCIAL GROUP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>174610105</cusip>
				<identifiers>
					<isin value="US1746101054"/>
					<ticker value="CFG"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>37456402.32</valUSD>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>CVS HEALTH CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
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					<isin value="US1266501006"/>
					<ticker value="CVS"/>
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				<curCd>USD</curCd>
				<valUSD>36910705.6</valUSD>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>DELL TECHNOLOGIES  C</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>24703L202</cusip>
				<identifiers>
					<isin value="US24703L2025"/>
					<ticker value="DELL"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15882642.36</valUSD>
				<pctVal>1.1343792693</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>EQUINIX INC</name>
				<lei>N/A</lei>
				<title>REIT USD.001</title>
				<cusip>29444U700</cusip>
				<identifiers>
					<isin value="US29444U7000"/>
					<ticker value="EQIX"/>
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				<curCd>USD</curCd>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>FISERV INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>337738108</cusip>
				<identifiers>
					<isin value="US3377381088"/>
					<ticker value="FISV"/>
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				<curCd>USD</curCd>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>INTL FLAVORS + FRAGRANCES</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.125</title>
				<cusip>459506101</cusip>
				<identifiers>
					<isin value="US4595061015"/>
					<ticker value="IFF"/>
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				<curCd>USD</curCd>
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				<pctVal>1.5180530897</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>IQVIA HOLDINGS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>46266C105</cusip>
				<identifiers>
					<isin value="US46266C1053"/>
					<ticker value="IQV"/>
				</identifiers>
				<balance>94400</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>22612576</valUSD>
				<pctVal>1.6150484823</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>JPMORGAN CHASE + CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>46625H100</cusip>
				<identifiers>
					<isin value="US46625H1005"/>
					<ticker value="JPM"/>
				</identifiers>
				<balance>206060</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>33729961.4</valUSD>
				<pctVal>2.4090808128</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>LINCOLN NATIONAL CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>534187109</cusip>
				<identifiers>
					<isin value="US5341871094"/>
					<ticker value="LNC"/>
				</identifiers>
				<balance>419382</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>28832512.5</valUSD>
				<pctVal>2.0592923847</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>LOWE S COS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.5</title>
				<cusip>548661107</cusip>
				<identifiers>
					<isin value="US5486611073"/>
					<ticker value="LOW"/>
				</identifiers>
				<balance>167862</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>34052485.32</valUSD>
				<pctVal>2.4321163027</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MCCORMICK + CO NON VTG SHRS</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>579780206</cusip>
				<identifiers>
					<isin value="US5797802064"/>
					<ticker value="MKC"/>
				</identifiers>
				<balance>270100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>21886203</valUSD>
				<pctVal>1.5631690498</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MEDTRONIC PLC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>G5960L103</cusip>
				<identifiers>
					<isin value="IE00BTN1Y115"/>
					<ticker value="MDT"/>
				</identifiers>
				<balance>248504</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>31149976.4</valUSD>
				<pctVal>2.2248116318</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>IE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MERCK + CO. INC.</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.5</title>
				<cusip>58933Y105</cusip>
				<identifiers>
					<isin value="US58933Y1055"/>
					<ticker value="MRK"/>
				</identifiers>
				<balance>367068</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>27570477.48</valUSD>
				<pctVal>1.9691545895</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICROSOFT CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.00000625</title>
				<cusip>594918104</cusip>
				<identifiers>
					<isin value="US5949181045"/>
					<ticker value="MSFT"/>
				</identifiers>
				<balance>313224</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>88304110.08</valUSD>
				<pctVal>6.3069072258</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MOHAWK INDUSTRIES INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>608190104</cusip>
				<identifiers>
					<isin value="US6081901042"/>
					<ticker value="MHK"/>
				</identifiers>
				<balance>71852</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>12746544.8</valUSD>
				<pctVal>0.9103910954</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ORGANON + CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>68622V106</cusip>
				<identifiers>
					<isin value="US68622V1061"/>
					<ticker value="OGN"/>
				</identifiers>
				<balance>716371</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>23489805.09</valUSD>
				<pctVal>1.6777024458</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>OTIS WORLDWIDE CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>68902V107</cusip>
				<identifiers>
					<isin value="US68902V1070"/>
					<ticker value="OTIS"/>
				</identifiers>
				<balance>170200</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14004056</valUSD>
				<pctVal>1.0002057877</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PROCTER + GAMBLE CO/THE</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>742718109</cusip>
				<identifiers>
					<isin value="US7427181091"/>
					<ticker value="PG"/>
				</identifiers>
				<balance>268407</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>37523298.6</valUSD>
				<pctVal>2.6800107363</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PROLOGIS INC</name>
				<lei>N/A</lei>
				<title>REIT USD.01</title>
				<cusip>74340W103</cusip>
				<identifiers>
					<isin value="US74340W1036"/>
					<ticker value="PLD"/>
				</identifiers>
				<balance>153300</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>19228419</valUSD>
				<pctVal>1.3733432637</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PTC INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>69370C100</cusip>
				<identifiers>
					<isin value="US69370C1009"/>
					<ticker value="PTC"/>
				</identifiers>
				<balance>217600</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>26066304</valUSD>
				<pctVal>1.8617226412</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SALESFORCE.COM INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>79466L302</cusip>
				<identifiers>
					<isin value="US79466L3024"/>
					<ticker value="CRM"/>
				</identifiers>
				<balance>128818</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>34938017.96</valUSD>
				<pctVal>2.4953633271</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SSC GOVERNMENT MM GVMXX</name>
				<lei>N/A</lei>
				<title>SSC GOVERNMENT MM GVMXX</title>
				<cusip>7839989D1</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>46839690.79</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>46839690.79</valUSD>
				<pctVal>3.345411488</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>STIV</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SYSCO CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>871829107</cusip>
				<identifiers>
					<isin value="US8718291078"/>
					<ticker value="SYY"/>
				</identifiers>
				<balance>342705</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>26902342.5</valUSD>
				<pctVal>1.9214346665</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>T MOBILE US INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>872590104</cusip>
				<identifiers>
					<isin value="US8725901040"/>
					<ticker value="TMUS"/>
				</identifiers>
				<balance>308808</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>39453310.08</valUSD>
				<pctVal>2.8178571326</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TARGET CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0833</title>
				<cusip>87612E106</cusip>
				<identifiers>
					<isin value="US87612E1064"/>
					<ticker value="TGT"/>
				</identifiers>
				<balance>113482</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>25961277.14</valUSD>
				<pctVal>1.8542213521</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TE CONNECTIVITY LTD</name>
				<lei>N/A</lei>
				<title>COMMON STOCK CHF.57</title>
				<cusip>H84989104</cusip>
				<identifiers>
					<isin value="CH0102993182"/>
					<ticker value="TEL"/>
				</identifiers>
				<balance>153800</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>21104436</valUSD>
				<pctVal>1.5073332349</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CH</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TRANE TECHNOLOGIES PLC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>G8994E103</cusip>
				<identifiers>
					<isin value="IE00BK9ZQ967"/>
					<ticker value="TT"/>
				</identifiers>
				<balance>169403</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>29247427.95</valUSD>
				<pctVal>2.088926716</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>IE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TRIMBLE INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>896239100</cusip>
				<identifiers>
					<isin value="US8962391004"/>
					<ticker value="TRMB"/>
				</identifiers>
				<balance>207700</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>17083325</valUSD>
				<pctVal>1.2201351193</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>UNITED PARCEL SERVICE CL B</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>911312106</cusip>
				<identifiers>
					<isin value="US9113121068"/>
					<ticker value="UPS"/>
				</identifiers>
				<balance>191988</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>34961014.8</valUSD>
				<pctVal>2.4970058207</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VERTEX PHARMACEUTICALS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>92532F100</cusip>
				<identifiers>
					<isin value="US92532F1003"/>
					<ticker value="VRTX"/>
				</identifiers>
				<balance>130300</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>23635117</valUSD>
				<pctVal>1.6880809971</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VISA INC CLASS A SHARES</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>92826C839</cusip>
				<identifiers>
					<isin value="US92826C8394"/>
					<ticker value="V"/>
				</identifiers>
				<balance>85100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>18956025</valUSD>
				<pctVal>1.3538881818</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VOYA FINANCIAL INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>929089100</cusip>
				<identifiers>
					<isin value="US9290891004"/>
					<ticker value="VOYA"/>
				</identifiers>
				<balance>533613</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>32758502.07</valUSD>
				<pctVal>2.3396966826</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VULCAN MATERIALS CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>929160109</cusip>
				<identifiers>
					<isin value="US9291601097"/>
					<ticker value="VMC"/>
				</identifiers>
				<balance>121000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>20468360</valUSD>
				<pctVal>1.461903047</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WASTE MANAGEMENT INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>94106L109</cusip>
				<identifiers>
					<isin value="US94106L1098"/>
					<ticker value="WM"/>
				</identifiers>
				<balance>120712</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>18029544.32</valUSD>
				<pctVal>1.2877165428</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WELLTOWER INC</name>
				<lei>N/A</lei>
				<title>REIT USD1.0</title>
				<cusip>95040Q104</cusip>
				<identifiers>
					<isin value="US95040Q1040"/>
					<ticker value="WELL"/>
				</identifiers>
				<balance>223500</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>18416400</valUSD>
				<pctVal>1.315346773</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>XYLEM INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>98419M100</cusip>
				<identifiers>
					<isin value="US98419M1009"/>
					<ticker value="XYL"/>
				</identifiers>
				<balance>118100</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14606608</valUSD>
				<pctVal>1.0432416051</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
		</invstOrSecs>
		<signature>
			<ncom:dateSigned>2021-11-29</ncom:dateSigned>
			<ncom:nameOfApplicant>PAX WORLD FUNDS SERIES TRUST I</ncom:nameOfApplicant>
			<ncom:signature>/s/ Alicia DuBois</ncom:signature>
			<ncom:signerName>Alicia DuBois</ncom:signerName>
			<ncom:title>Treasurer</ncom:title>
		</signature>
	</formData>
	<documents>XXXX</documents>
</edgarSubmission>
