Firsthand Alternative Energy Fund (ALTEX)
| Fund Assets | 11.69M |
| Expense Ratio | 1.99% |
| Min. Investment | $2,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 1.50 |
| Dividend Yield | 13.53% |
| Dividend Growth | 954.79% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 11.12 |
| YTD Return | 15.57% |
| 1-Year Return | 49.24% |
| 5-Year Return | -14.54% |
| 52-Week Low | 7.12 |
| 52-Week High | 14.08 |
| Beta (5Y) | 1.42 |
| Holdings | 39 |
| Inception Date | Oct 29, 2007 |
About ALTEX
The Firsthand Alternative Energy Fund is a sector-focused mutual fund that seeks long-term capital growth by investing primarily in alternative energy and energy technology companies. The fund maintains at least 80% of its assets in equities related to renewable energy sources such as solar, wind, hydrogen, geothermal, hydroelectric, tidal, biofuel, and biomass. Its portfolio includes a mix of U.S. and global companies across various market capitalizations, with notable holdings in both the technology and industrials sectors. The fund typically holds around 35 companies and exhibits a moderate turnover rate, indicating a mid-term investment horizon. Managed since inception by Kevin Landis, the fund is designed for investors interested in the long-term opportunities presented by the transition to cleaner energy. With a higher expense ratio and sector concentration, it is subject to greater volatility and risk than more diversified funds. Its role in the market is to provide targeted exposure to innovations and companies driving the development and adoption of alternative energy solutions, making it relevant for those looking to add a specialized environmental or technology tilt to a broader portfolio.
Performance
ALTEX had a total return of 49.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.
Top 10 Holdings
73.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Colchester Street Trust - Treasury Portfolio | FISXX | 17.15% |
| Bloom Energy Corporation | BE | 11.14% |
| Quanta Services, Inc. | PWR | 9.47% |
| Oklo Inc. | OKLO | 7.67% |
| Corning Incorporated | GLW | 6.04% |
| ABB Ltd ADR | ABJA.DE | 5.53% |
| ON Semiconductor Corporation | ON | 4.63% |
| Vestas Wind Systems A/S | VWS | 4.29% |
| BWX Technologies, Inc. | BWXT | 3.69% |
| Axcelis Technologies, Inc. | ACLS | 3.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $1.50455 | Dec 12, 2025 |
| Dec 13, 2024 | $0.14264 | Dec 13, 2024 |
| Dec 15, 2023 | $0.355 | Dec 15, 2023 |
| Dec 14, 2018 | $0.00254 | Dec 14, 2018 |
| Dec 15, 2017 | $0.01678 | Dec 15, 2017 |