New Alternatives Fund Investor Shares (NAEFX)
| Fund Assets | 259.68M |
| Expense Ratio | 1.28% |
| Min. Investment | $3,500 |
| Turnover | 5.94% |
| Dividend (ttm) | 1.06 |
| Dividend Yield | 1.46% |
| Dividend Growth | -60.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 72.67 |
| YTD Return | 20.52% |
| 1-Year Return | 10.61% |
| 5-Year Return | 27.79% |
| 52-Week Low | 57.42 |
| 52-Week High | 73.60 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Jan 2, 2015 |
About NAEFX
New Alternatives Fund Investor Shares is a socially responsible mutual fund focused on long-term capital appreciation, with income as a secondary objective. This fund primarily invests in companies advancing renewable energy and fostering a sustainable economy. Its portfolio includes firms involved in solar, wind, hydroelectric, biomass, fuel cells, energy conservation, recycling, clean water, and natural foods—targeting sectors that directly benefit the environment and reduce reliance on fossil fuels. As one of the pioneering funds in its space since its inception in 1982, New Alternatives Fund plays a significant role for investors seeking to align their capital with environmental values. The fund’s inclusionary approach means it actively selects companies making a measurable positive impact, rather than simply excluding certain industries. Managed by a dedicated team of advisors, it attracts both individual and institutional investors who prioritize sustainability and responsible investing within the equities market.
Performance
NAEFX had a total return of 10.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.47%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NALFX | Class A Shares | 1.03% |
Top 10 Holdings
54.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Clearway Energy Inc | CWENA | 6.35% |
| Brookfield Renewable Corporation | BEPC | 6.23% |
| HA Sustainable Infrastructure Capital, Inc. | HASI | 6.23% |
| Siemens AG | SIE | 6.09% |
| Veolia Environnement SA | VIE | 5.93% |
| Iberdrola SA | IBE | 5.90% |
| Trinity Industries, Inc. | TRN | 4.70% |
| Enel SpA | ENEL | 4.61% |
| Acciona SA | ANA | 4.52% |
| Infratil Ltd | IFT | 4.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $1.05989 | Dec 31, 2024 |
| Dec 28, 2023 | $2.71522 | Dec 29, 2023 |
| Dec 29, 2022 | $3.07163 | Dec 30, 2022 |
| Dec 29, 2021 | $4.27631 | Dec 30, 2021 |
| Dec 31, 2020 | $4.71394 | Jan 4, 2021 |
| Dec 31, 2019 | $3.35927 | Jan 2, 2020 |