Firsthand Alternative Energy
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-20.1%
1 yr return
-18.3%
3 Yr Avg Return
18.9%
5 Yr Avg Return
12.6%
Net Assets
$12.8 M
Holdings in Top 10
65.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 23.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Technology
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
ALTEX - Profile
Distributions
- YTD Total Return -20.1%
- 3 Yr Annualized Total Return 18.9%
- 5 Yr Annualized Total Return 12.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.75%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFirsthand Alternative Energy Fund
-
Fund Family NameFirsthand Funds
-
Inception DateOct 29, 2007
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKevin Landis
Fund Description
The fund normally invests at least 80% of its assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The fund's international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also from time to time, as part of its principal investment strategies, invest a substantial portion of its assets in cash or cash equivalents. The fund is non-diversified.
ALTEX - Performance
Return Ranking - Trailing
| Period | ALTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -20.1% | -57.1% | 22.4% | 33.33% |
| 1 Yr | -18.3% | -67.1% | 39.2% | 46.48% |
| 3 Yr | 18.9%* | -3.6% | 37.0% | 31.02% |
| 5 Yr | 12.6%* | -0.8% | 24.9% | 75.26% |
| 10 Yr | 11.4%* | 6.6% | 25.4% | 97.19% |
* Annualized
Return Ranking - Calendar
| Period | ALTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -5.1% | -78.5% | 51.5% | 72.80% |
| 2020 | 83.9% | -63.4% | 154.1% | 6.25% |
| 2019 | 40.6% | -97.5% | 63.7% | 23.58% |
| 2018 | -18.6% | -49.7% | 44.9% | 75.38% |
| 2017 | 27.0% | -22.9% | 83.6% | 57.53% |
Total Return Ranking - Trailing
| Period | ALTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -20.1% | -75.9% | 954.2% | 7.39% |
| 1 Yr | -18.3% | -67.1% | 66.6% | 50.34% |
| 3 Yr | 18.9%* | -3.6% | 37.0% | 37.14% |
| 5 Yr | 12.6%* | -0.8% | 30.0% | 78.08% |
| 10 Yr | 11.4%* | 6.6% | 25.4% | 96.70% |
* Annualized
Total Return Ranking - Calendar
| Period | ALTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -5.1% | -78.5% | 51.5% | 72.80% |
| 2020 | 83.9% | -63.4% | 154.1% | 6.25% |
| 2019 | 40.6% | -97.5% | 63.7% | 23.58% |
| 2018 | -18.6% | -49.7% | 44.9% | 81.54% |
| 2017 | 27.0% | -22.9% | 83.6% | 73.66% |
NAV & Total Return History
ALTEX - Holdings
Concentration Analysis
| ALTEX | Category Low | Category High | ALTEX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.8 M | 863 K | 50.4 B | 83.16% |
| Number of Holdings | 43 | 1 | 470 | 61.19% |
| Net Assets in Top 10 | 11.1 M | 0 | 30.3 B | 69.55% |
| Weighting of Top 10 | 65.92% | 7.6% | 100.0% | 8.08% |
Top 10 Holdings
- SolarEdge Technologies Inc 13.45%
- Fidelity® Inv MM Fds Treasury I 11.81%
- Aspen Aerogels Inc 7.20%
- Wolfspeed Inc 6.79%
- Enphase Energy Inc 6.02%
- Vivint Solar Inc 5.78%
- Vestas Wind Systems A/S 5.54%
- Vestas Wind Systems A/S 5.54%
- Vestas Wind Systems A/S 5.54%
- Vestas Wind Systems A/S 5.54%
Asset Allocation
| Weighting | Return Low | Return High | ALTEX % Rank | |
|---|---|---|---|---|
| Stocks | 88.01% | 0.00% | 100.53% | 98.21% |
| Cash | 11.99% | -0.53% | 100.00% | 1.49% |
| Preferred Stocks | 0.00% | 0.00% | 2.84% | 49.55% |
| Other | 0.00% | -1.08% | 26.87% | 53.13% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 48.36% |
| Bonds | 0.00% | 0.00% | 4.72% | 49.25% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ALTEX % Rank | |
|---|---|---|---|---|
| Technology | 54.27% | 2.80% | 100.00% | 78.14% |
| Industrials | 27.34% | 0.00% | 53.73% | 2.10% |
| Consumer Cyclical | 9.51% | 0.00% | 51.15% | 28.44% |
| Financial Services | 4.16% | 0.00% | 55.06% | 43.71% |
| Healthcare | 2.87% | 0.00% | 67.05% | 23.65% |
| Utilities | 1.85% | 0.00% | 6.27% | 2.99% |
| Real Estate | 0.00% | 0.00% | 15.05% | 60.78% |
| Energy | 0.00% | 0.00% | 7.96% | 48.50% |
| Communication Services | 0.00% | 0.00% | 97.05% | 91.92% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 54.19% |
| Basic Materials | 0.00% | 0.00% | 36.08% | 52.99% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ALTEX % Rank | |
|---|---|---|---|---|
| US | 78.53% | 0.00% | 100.53% | 76.42% |
| Non US | 9.48% | 0.00% | 99.27% | 49.85% |
ALTEX - Expenses
Operational Fees
| ALTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.99% | 0.08% | 2.97% | 4.48% |
| Management Fee | 1.53% | 0.00% | 1.95% | 99.66% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.45% | 0.02% | 0.50% | 96.23% |
Sales Fees
| ALTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ALTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| ALTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 23.00% | 0.00% | 281.00% | 19.80% |
ALTEX - Distributions
Dividend Yield Analysis
| ALTEX | Category Low | Category High | ALTEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 42.10% | 56.38% |
Dividend Distribution Analysis
| ALTEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| ALTEX | Category Low | Category High | ALTEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.75% | -2.30% | 2.08% | 96.55% |
Capital Gain Distribution Analysis
| ALTEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
ALTEX - Fund Manager Analysis
Managers
Kevin Landis
Start Date
Tenure
Tenure Rank
Oct 29, 2007
14.6
14.6%
Landis is the President, Chief Executive Officer, chief investment officer and portfolio manager of Firsthand Capital Management, Inc. He co-founded the firm in 1993.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 7.88 | 2.12 |