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Trending ETFs

Name

As of 10/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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NEW ALTERNATIVES FUND

NAEFX | Fund

$68.49

$285 M

2.61%

$1.82

1.21%

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

$69.5
N/A
N/A

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 10/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

NEW ALTERNATIVES FUND

NAEFX | Fund

$68.49

$285 M

2.61%

$1.82

1.21%

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%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    NEW ALTERNATIVES FUND
  • Fund Family Name
    New Alternatives
  • Inception Date
    Jan 02, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Schoenwald

Fund Description

The Fund seeks to achieve its investment objective by investing in equity securities. The equity securities in which the Fund invests consist primarily of common stocks. Other equity securities in which the Fund may invest include YieldCos, American Depository Receipts (“ADRs”), real estate investment trusts (“REITs”) and publicly-traded master limited partnerships (“MLPs”). The Fund makes investments in a wide range of industries and in companies of all sizes. The Fund invests in equity securities of both U.S. and foreign companies, and has no limitation on the percentage of assets invested in the U.S. or abroad.
Under normal market conditions, at least 25% of the Fund’s total assets will be invested in equity securities of companies in the alternative energy industry. “Alternative Energy” or “Renewable Energy” means the production, conservation, storage and transmission of energy to reduce pollution and harm to the environment, particularly when compared to conventional coal, oil or nuclear energy.
In selecting investments for the Fund, the investment advisor selects securities for purchase or sale by subjectively balancing factors such as the investment’s relationship to the Fund’s areas of interest and concentration in Alternative Energy, Renewable Energy and related areas, the perceived risk of the investment, and the current value of the security. The investment advisor also considers the perceived prospects for the company and its industry, with concern for economic, political and social conditions at the time. In addition, the investment advisor considers its expectations for the investment based on, among other things, the company’s technological and management strength. The investment advisor considers the advancement of the Renewable Energy industry has been so dramatic that it has created a myriad of investment opportunities, and the Fund intends to capitalize on them. The investment advisor may consider investments in new technologies intended to provide a clean and sustainable environment.
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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

  1. Hannon Armstrong Sustainable Infrastructure Capital Inc 6.19%
  2. Brookfield Renewable Corp 5.67%
  3. Iberdrola SA 5.19%
  4. Clearway Energy Inc 4.94%
  5. Veolia Environnement SA 4.62%
  6. Infratil Ltd 4.46%
  7. Siemens AG 4.40%
  8. NextEra Energy Partners LP 4.37%
  9. EDP Renovaveis SA 4.25%
  10. 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

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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