ALTEX: Firsthand Alternative Energy Fund - MutualFunds.com
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Firsthand Alternative Energy

ALTEX - Snapshot

Vitals

  • YTD Return 10.5%
  • 3 Yr Annualized Return 28.2%
  • 5 Yr Annualized Return 19.5%
  • Net Assets $18.7 M
  • Holdings in Top 10 70.0%

52 WEEK LOW AND HIGH

$15.94
$5.28
$15.94

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA $2,000

Fund Classification

Compare ALTEX to Popular Technology Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Information Technology Index Fund

Fund

$187.51

+0.60%

$47.25 B

0.80%

$1.49

3.49%

0.10%

Vanguard Information Technology Index Fund

VGT | ETF

$366.24

+0.67%

$47.25 B

0.80%

$2.91

3.19%

0.10%

Technology Select Sector SPDR® Fund

XLK | ETF

$133.94

+0.84%

$38.25 B

0.90%

$1.20

3.08%

0.13%

Fidelity® Select Software & IT Services Portfolio

Fund

$27.09

-0.11%

$12.19 B

-

$0.15

-0.11%

0.70%

Fidelity® Select Technology Portfolio

Fund

$28.43

-0.18%

$11.72 B

-

$0.03

5.81%

0.71%

ALTEX - Profile

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 28.2%
  • 5 Yr Annualized Total Return 19.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Firsthand Alternative Energy Fund
  • Fund Family Name
    Firsthand Funds
  • Inception Date
    Oct 29, 2007
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin 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 10.5% -2.6% 32.4% 8.53%
1 Yr 83.9% 6.5% 157.1% 10.08%
3 Yr 28.2%* 4.4% 54.0% 40.00%
5 Yr 19.5%* 0.0% 49.3% 91.71%
10 Yr 6.9%* 4.8% 23.5% 96.63%

* Annualized

Return Ranking - Calendar

Period ALTEX Return Category Return Low Category Return High Rank in Category (%)
2020 83.9% -63.4% 154.1% 6.41%
2019 40.6% -3.0% 63.7% 22.52%
2018 -18.6% -49.7% 16.4% 76.14%
2017 27.0% -17.3% 83.6% 56.61%
2016 -9.3% -17.1% 43.0% 97.69%

Total Return Ranking - Trailing

Period ALTEX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -2.6% 29.9% 9.30%
1 Yr 83.9% 1.1% 157.1% 9.24%
3 Yr 28.2%* 3.2% 54.0% 39.02%
5 Yr 19.5%* 0.0% 49.3% 90.67%
10 Yr 6.9%* 4.8% 23.5% 96.63%

* Annualized

Total Return Ranking - Calendar

Period ALTEX Return Category Return Low Category Return High Rank in Category (%)
2020 83.9% -63.4% 154.1% 6.41%
2019 40.6% -3.0% 63.7% 22.52%
2018 -18.6% -49.7% 16.4% 82.23%
2017 27.0% -17.3% 83.6% 73.02%
2016 -9.3% -17.1% 43.0% 98.27%

NAV & Total Return History

ALTEX - Holdings

Concentration Analysis

ALTEX Category Low Category High ALTEX % Rank
Net Assets 18.7 M 3.7 M 47.2 B 93.49%
Number of Holdings 41 22 460 76.92%
Net Assets in Top 10 6.15 M 1.35 M 27 B 94.23%
Weighting of Top 10 69.95% 7.5% 88.1% 3.08%

Top 10 Holdings

  1. SolarEdge Technologies Inc 18.97%
  2. Fidelity® Inv MM Fds Treasury I 12.84%
  3. Cree Inc 5.80%
  4. Vivint Solar Inc 5.78%
  5. Vestas Wind Systems A/S 5.54%
  6. Vestas Wind Systems A/S 5.54%
  7. Vestas Wind Systems A/S 5.54%
  8. Vestas Wind Systems A/S 5.54%
  9. Vestas Wind Systems A/S 5.54%
  10. Vestas Wind Systems A/S 5.54%

Asset Allocation

Weighting Return Low Return High ALTEX % Rank
Stocks 		86.92% 82.72% 106.91% 99.23%
Cash 		13.09% -6.91% 17.28% 0.77%
Preferred Stocks 		0.00% 0.00% 1.02% 48.46%
Other 		0.00% -1.68% 12.69% 49.62%
Convertible Bonds 		0.00% 0.00% 0.07% 46.92%
Bonds 		0.00% 0.00% 2.12% 51.92%

Stock Sector Breakdown

Weighting Return Low Return High ALTEX % Rank
Technology 		64.58% 1.45% 100.00% 46.92%
Industrials 		25.77% 0.00% 44.58% 3.08%
Healthcare 		5.85% 0.00% 36.23% 18.08%
Utilities 		3.79% 0.00% 6.63% 0.77%
Consumer Cyclical 		0.01% 0.00% 42.01% 79.23%
Real Estate 		0.00% 0.00% 9.76% 62.69%
Financial Services 		0.00% 0.00% 43.90% 81.15%
Energy 		0.00% 0.00% 0.79% 46.54%
Communication Services 		0.00% 0.00% 98.48% 95.00%
Consumer Defense 		0.00% 0.00% 18.14% 56.15%
Basic Materials 		0.00% 0.00% 10.93% 55.77%

Stock Geographic Breakdown

Weighting Return Low Return High ALTEX % Rank
US 		66.41% 1.35% 99.96% 78.46%
Non US 		20.51% 0.00% 105.56% 30.00%

ALTEX - Expenses

Operational Fees

ALTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.15% 0.08% 8.45% 7.79%
Management Fee 1.53% 0.00% 1.95% 99.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.45% 0.04% 0.50% 95.92%

Sales Fees

ALTEX 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% 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 0.00% 0.00% 359.00% 0.44%

ALTEX - Distributions

Dividend Yield Analysis

ALTEX Category Low Category High ALTEX % Rank
Dividend Yield 0.00% 0.00% 1.42% 54.20%

Dividend Distribution Analysis

ALTEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

ALTEX Category Low Category High ALTEX % Rank
Net Income Ratio -0.72% -2.42% 2.28% 80.08%

Capital Gain Distribution Analysis

ALTEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

ALTEX - Fund Manager Analysis

Managers

Kevin Landis

Start Date

Tenure

Tenure Rank

Oct 29, 2007

13.18

13.2%

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
0.1 31.02 6.29 0.71

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