abrdn U.S. Sustainable Leaders Fund Institutional Class (GGLIX)
| Fund Assets | 324.51M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.03 |
| Dividend Yield | 0.25% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.86 |
| YTD Return | 0.65% |
| 1-Year Return | 2.22% |
| 5-Year Return | 74.99% |
| 52-Week Low | 11.67 |
| 52-Week High | 14.53 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Jun 29, 2004 |
About GGLIX
The abrdn US Sustainable Leaders Fund Institutional Class is an actively managed mutual fund that focuses on achieving long-term capital appreciation through investments in equity securities of U.S. companies. Its distinctive approach involves selecting companies deemed by its adviser to have sound or improving business prospects and to be current or emerging leaders in sustainability. This sustainability focus is measured by the management of environmental, social, and governance (ESG) risks and opportunities, using a proprietary ESG-quality rating system to assess each company’s practices. The fund typically concentrates on U.S. large-cap companies and emphasizes active ownership, with engagement strategies that encourage ESG improvements. With a relatively low net expense ratio for its class, the fund offers annual distributions and targets institutional investors, reflected in its higher minimum initial investment requirement. By integrating ESG considerations with rigorous financial analysis, the abrdn US Sustainable Leaders Fund Institutional Class aims to support companies that contribute positively to sustainable development while pursuing competitive returns for its investors.
Performance
GGLIX had a total return of 2.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.29%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTTX | Vanguard | Vanguard Russell 3000 Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
47.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 12.70% |
| Mastercard Incorporated | MA | 7.75% |
| NVIDIA Corporation | NVDA | 4.38% |
| The TJX Companies, Inc. | TJX | 3.74% |
| American Express Company | AXP | 3.67% |
| The Procter & Gamble Company | PG | 3.65% |
| Hubbell Incorporated | HUBB | 3.30% |
| Waste Management, Inc. | WM | 3.00% |
| Cadence Design Systems, Inc. | CDNS | 2.78% |
| Boston Scientific Corporation | BSX | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 21, 2023 | $0.03484 | Dec 22, 2023 |
| Dec 21, 2022 | $0.04148 | Dec 22, 2022 |
| Dec 22, 2021 | $4.37081 | Dec 23, 2021 |
| Dec 22, 2020 | $1.73414 | Dec 23, 2020 |
| Dec 20, 2019 | $1.32879 | Dec 23, 2019 |
| Dec 20, 2018 | $1.41166 | Dec 21, 2018 |