We classify functions f:(a, b)-> R which satisfy the inequality
trf(A) + f(C) >= tr f(B) + f(D)
when A <= B <= C are self-adjoint matrices, D = A + C - B, the so-called trace minmax functions. (Here A <= B if B - A is positive semidefinite, and f is evaluated via the functional calculus.) A function is trace minmax if and only if its derivative analytically continues to a self-map of the upper half plane. The negative exponential of a trace minmax function g = e(-f) satisfies the inequality
det g(A) det g(C) <= det g(B) det g(D)
for A, B, C, D as above. We call such functions determinant isoperimetric. We show that determinant isoperimetric functions are in the "radical" of the Laguerre-Polya class. We derive an integral representation for such functions which is essentially a continuous version of the Hadamard factorization for functions in the Laguerre-Polya class. We apply our results to give some equivalent formulations of the Riemann hypothesis.