Firsthand Alternative Energy
- ALTEX
- Price as of: Jan 25, 2021
-
$15.94
N/A N/A
- Primary Theme
- Technology Sector Equity
- Fund Company
- Firsthand Funds
- Share Class
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
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
-
Primary Theme
Technology Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Technology
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%
- 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 | 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
- SolarEdge Technologies Inc 18.97%
- Fidelity® Inv MM Fds Treasury I 12.84%
- Cree Inc 5.80%
- 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%
- Vestas Wind Systems A/S 5.54%
- 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 |
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 |