NEW ALTERNATIVES FUND
Name
As of 10/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
20.9%
3 Yr Avg Return
-4.2%
5 Yr Avg Return
7.3%
Net Assets
$285 M
Holdings in Top 10
48.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.75%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$3,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NAEFX - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return -4.2%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.11%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNEW ALTERNATIVES FUND
-
Fund Family NameNew Alternatives
-
Inception DateJan 02, 2015
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Schoenwald
Fund Description
NAEFX - Performance
Return Ranking - Trailing
Period | NAEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -44.3% | 9.5% | 15.38% |
1 Yr | 20.9% | -51.1% | 24.7% | 50.32% |
3 Yr | -4.2%* | -6.4% | 28.0% | 4.05% |
5 Yr | 7.3%* | -4.2% | 18.3% | 5.60% |
10 Yr | N/A* | 1.0% | 13.7% | 4.76% |
* Annualized
Return Ranking - Calendar
Period | NAEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.6% | -50.5% | 18.8% | 94.59% |
2022 | -19.6% | -27.4% | 103.5% | 6.99% |
2021 | -9.5% | 3.5% | 66.4% | 15.00% |
2020 | 53.8% | -64.5% | 5.6% | 3.97% |
2019 | 29.7% | -9.3% | 49.7% | 69.81% |
Total Return Ranking - Trailing
Period | NAEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -44.3% | 9.5% | 13.46% |
1 Yr | 20.9% | -51.1% | 24.7% | 41.94% |
3 Yr | -4.2%* | -6.4% | 28.0% | 3.38% |
5 Yr | 7.3%* | -4.2% | 18.3% | 4.80% |
10 Yr | N/A* | 1.0% | 13.7% | 3.57% |
* Annualized
Total Return Ranking - Calendar
Period | NAEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.7% | -50.6% | 18.8% | 94.59% |
2022 | -16.1% | -27.4% | 103.5% | 6.99% |
2021 | -0.4% | 3.5% | 66.4% | 15.00% |
2020 | 70.0% | -64.5% | 5.6% | 2.38% |
2019 | 45.4% | -9.3% | 53.2% | 74.53% |
NAV & Total Return History
NAEFX - Holdings
Concentration Analysis
NAEFX | Category Low | Category High | NAEFX % Rank | |
---|---|---|---|---|
Net Assets | 285 M | 2.31 M | 71.6 B | 26.88% |
Number of Holdings | 47 | 31 | 9561 | 86.88% |
Net Assets in Top 10 | 132 M | 452 K | 5.44 B | 25.00% |
Weighting of Top 10 | 48.07% | 4.2% | 63.4% | 15.63% |
Top 10 Holdings
- Hannon Armstrong Sustainable Infrastructure Capital Inc 6.19%
- Brookfield Renewable Corp 5.67%
- Iberdrola SA 5.19%
- Clearway Energy Inc 4.94%
- Veolia Environnement SA 4.62%
- Infratil Ltd 4.46%
- Siemens AG 4.40%
- NextEra Energy Partners LP 4.37%
- EDP Renovaveis SA 4.25%
- Atlantica Sustainable Infrastructure PLC 3.99%
Asset Allocation
Weighting | Return Low | Return High | NAEFX % Rank | |
---|---|---|---|---|
Stocks | 94.80% | 40.59% | 104.41% | 56.88% |
Cash | 5.20% | -4.41% | 47.07% | 35.00% |
Preferred Stocks | 0.00% | 0.00% | 1.04% | 91.88% |
Other | 0.00% | -7.94% | 19.71% | 36.25% |
Convertible Bonds | 0.00% | 0.00% | 7.55% | 91.88% |
Bonds | 0.00% | 0.00% | 8.07% | 91.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NAEFX % Rank | |
---|---|---|---|---|
Utilities | 72.27% | 0.00% | 70.33% | 1.25% |
Industrials | 20.29% | 0.00% | 53.77% | 31.25% |
Real Estate | 3.90% | 0.00% | 43.48% | 35.63% |
Consumer Cyclical | 2.11% | 0.00% | 71.20% | 93.75% |
Technology | 0.95% | 0.00% | 93.40% | 97.50% |
Basic Materials | 0.48% | 0.00% | 26.39% | 85.00% |
Healthcare | 0.00% | 0.00% | 28.38% | 97.50% |
Financial Services | 0.00% | 0.00% | 75.07% | 97.50% |
Energy | 0.00% | 0.00% | 36.56% | 96.25% |
Communication Services | 0.00% | 0.00% | 23.15% | 98.13% |
Consumer Defense | 0.00% | 0.00% | 52.28% | 98.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NAEFX % Rank | |
---|---|---|---|---|
US | 53.69% | 6.76% | 79.19% | 88.13% |
Non US | 41.11% | 12.39% | 83.06% | 10.63% |
NAEFX - Expenses
Operational Fees
NAEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.43% | 2.93% | 50.63% |
Management Fee | 0.53% | 0.30% | 1.25% | 5.00% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 50.62% |
Administrative Fee | N/A | 0.03% | 0.15% | N/A |
Sales Fees
NAEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
NAEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 73.08% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NAEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.75% | 7.00% | 145.00% | 3.70% |
NAEFX - Distributions
Dividend Yield Analysis
NAEFX | Category Low | Category High | NAEFX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.61% | 0.00% | 14.18% | 95.00% |
Dividend Distribution Analysis
NAEFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
NAEFX | Category Low | Category High | NAEFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.11% | -1.92% | 6.98% | 37.58% |
Capital Gain Distribution Analysis
NAEFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $1.823 | OrdinaryDividend |
Dec 28, 2023 | $0.214 | CapitalGainShortTerm |
Dec 28, 2023 | $0.678 | CapitalGainLongTerm |
Dec 29, 2022 | $3.072 | OrdinaryDividend |
Dec 29, 2021 | $4.276 | OrdinaryDividend |
Dec 31, 2020 | $4.714 | OrdinaryDividend |
Dec 31, 2019 | $0.125 | OrdinaryDividend |
Dec 31, 2019 | $0.075 | CapitalGainShortTerm |
Dec 31, 2019 | $3.159 | CapitalGainLongTerm |
Dec 31, 2018 | $0.163 | CapitalGainShortTerm |
Dec 31, 2018 | $2.712 | CapitalGainLongTerm |
Dec 31, 2018 | $0.213 | OrdinaryDividend |
Dec 29, 2017 | $1.289 | CapitalGainLongTerm |
Dec 29, 2017 | $0.917 | OrdinaryDividend |
Dec 30, 2016 | $1.102 | CapitalGainLongTerm |
Dec 30, 2016 | $0.557 | OrdinaryDividend |
Dec 31, 2015 | $0.741 | OrdinaryDividend |
NAEFX - Fund Manager Analysis
Managers
David Schoenwald
Start Date
Tenure
Tenure Rank
Sep 03, 1982
39.77
39.8%
Schoenwald is a portfolio manager with Accrued Equities, his employer since 1982. David J. Schoenwald is the President and Treasurer of the Advisor. David J. Schoenwald has been a journalist and an attorney with Law Services (a poverty law agency), personally interested in social and environmental matters.
Murray Rosenblith
Start Date
Tenure
Tenure Rank
Dec 31, 2010
11.42
11.4%
Murray D. Rosenblith joined the staff of Accrued Equities, Inc., in 2008 after serving as an independent Director since 2003 and member of the Audit Committee from 2006 until 2008. Prior to working for Accrued Equities, Inc., Mr. Rosenblith was a journalist and publication business manager. He served as executive director of a public foundation for 24 years. His duties during this period included managing socially responsible investments for the foundation and related organizations.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 39.6 | 7.02 | 9.33 |