New Alternatives Fund Class A (NALFX)
| 102.47 Net Asset Value | -1.76% 1 Day | +5.64% Year-to-Date | Overall Morningstar Rating |
| World small/mid stock Style or Category | 3.5 Sales Expenses | 1.08% Expense Ratio | Average Morningstar Risk Rating™ |
Investment Objective The investment seeks long-term capital appreciation, with income as a secondary objective.
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.
Performance
| 1 month | +13.74% | 3 years | +32.14% | |
| 3 months | +34.72% | 5 years | +27.07% | |
| 1 year | +72.86% | Since inception | +9.37% |
Data through --
Peer Comparisonvs. World small/mid stock
| NALFX | Category | |
|---|---|---|
| Performance 5-yr return | +27.07% | +13.15% |
| Expense ratio | 1.08% | 1.33% |
| Risk 5 year sharpe ratio | 1.26 | 0.70 |
| Net assets | $409.6M | $2.2B |
| Average market cap | $12.9B | $7.5B |
| Average P/E | 28.7 | 28.4 |
| Portfolio turnover | 19% | 19% |
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Fund Management and Purchase Info
| Fund family | New Alternatives |
| Fund manager & tenure | David Schoenwald / 38 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $2,500.00 |
Holdings
| International stock | 60.46% |
| U.S. stock | 33.98% |
| Cash | 5.48% |
| Fixed income | 0.08% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Utilities | 59.19% |
| Industrial materials | 29.80% |
| Consumer goods | 8.37% |
| Hardware | 1.47% |
| Business service | 0.00% |
Top 10 HoldingsPortfolio weighting
| BEPC Brookfield Renewable Corp | 6.66% |
| HASI Hannon Armstrong Sustainable Infrastructure Capital Inc | 5.71% |
| -- | 4.83% |
| -- | 4.73% |
| -- | 4.71% |
| -- | 4.43% |
| -- | 4.15% |
| -- | 4.15% |
| NEP Nextera Energy Partners LP | 4.15% |
| -- | 4.01% |
