abrdn U.S. Sustainable Leaders Fund Institutional Service Class (GXXIX)
| Fund Assets | 324.51M |
| Expense Ratio | 0.96% |
| Min. Investment | $1,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.29% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.72 |
| YTD Return | 0.59% |
| 1-Year Return | 2.16% |
| 5-Year Return | 74.57% |
| 52-Week Low | 11.55 |
| 52-Week High | 14.39 |
| Beta (5Y) | 0.94 |
| Holdings | 37 |
| Inception Date | Oct 10, 2011 |
About GXXIX
The abrdn US Sustainable Leaders Fund Institutional Service Class is a mutual fund designed to provide long-term capital appreciation by investing primarily in U.S. equity securities. The fund focuses on holding shares of 40–60 companies that demonstrate strong economic profit trends, emphasizing those with sustainable business practices and growth prospects. With an investment universe concentrated in large-cap U.S. firms, the fund’s portfolio is constructed to reflect a commitment to sustainability, selecting leaders in their respective sectors that also meet rigorous environmental, social, and governance criteria. Notable holdings typically include influential technology, financial, consumer, and healthcare companies, reflecting broad sector diversification while remaining anchored to sustainability principles. The fund appeals to institutional investors seeking exposure to U.S. market growth through companies that combine financial strength with responsible management practices. Since its inception in 2011, the fund has built a record of integrating sustainable investing goals with competitive long-term performance in the large growth category, reinforcing its role as a significant vehicle for responsible capital deployment in the U.S. equity market.
Performance
GXXIX had a total return of 2.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.44%.
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 | $0.03501 | 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 | $1.32599 | Dec 23, 2019 |
| Dec 20, 2018 | $1.40779 | Dec 21, 2018 |