Ecofin Global Renewables Infrastructure Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-9.2%
1 yr return
-19.0%
3 Yr Avg Return
-9.0%
5 Yr Avg Return
N/A
Net Assets
$250 M
Holdings in Top 10
53.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ECOAX - Profile
Distributions
- YTD Total Return -9.2%
- 3 Yr Annualized Total Return -9.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.01%
- Dividend Yield 1.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEcofin Global Renewables Infrastructure Fund
-
Fund Family NameEcofin
-
Inception DateNov 02, 2015
-
Shares Outstanding291724
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Breidert
Fund Description
ECOAX - Performance
Return Ranking - Trailing
Period | ECOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.2% | -14.2% | 9.8% | 89.00% |
1 Yr | -19.0% | -27.4% | 37.7% | 92.00% |
3 Yr | -9.0%* | -13.9% | 14.6% | 90.72% |
5 Yr | N/A* | -2.8% | 19.0% | N/A |
10 Yr | N/A* | 1.2% | 8.9% | 65.71% |
* Annualized
Return Ranking - Calendar
Period | ECOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -13.0% | -17.5% | 30.1% | 92.00% |
2022 | -13.6% | -28.1% | -3.4% | 69.00% |
2021 | -0.7% | -28.7% | 35.7% | 84.21% |
2020 | N/A | -12.5% | 28.8% | N/A |
2019 | N/A | 9.9% | 33.6% | N/A |
Total Return Ranking - Trailing
Period | ECOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.2% | -14.2% | 9.8% | 89.00% |
1 Yr | -19.0% | -27.4% | 37.7% | 92.00% |
3 Yr | -9.0%* | -13.9% | 14.6% | 90.72% |
5 Yr | N/A* | -2.8% | 19.0% | N/A |
10 Yr | N/A* | 1.2% | 8.9% | 82.86% |
* Annualized
Total Return Ranking - Calendar
Period | ECOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -9.8% | -15.6% | 31.0% | 92.00% |
2022 | -11.1% | -27.1% | -0.5% | 90.00% |
2021 | 3.4% | -3.5% | 36.4% | 92.63% |
2020 | N/A | -11.2% | 29.9% | N/A |
2019 | N/A | 16.7% | 35.3% | N/A |
NAV & Total Return History
ECOAX - Holdings
Concentration Analysis
ECOAX | Category Low | Category High | ECOAX % Rank | |
---|---|---|---|---|
Net Assets | 250 M | 1.83 M | 8.77 B | 40.59% |
Number of Holdings | 29 | 27 | 233 | 96.04% |
Net Assets in Top 10 | 125 M | 757 K | 4.96 B | 35.64% |
Weighting of Top 10 | 53.81% | 9.2% | 63.5% | 3.96% |
Top 10 Holdings
- ERG SpA 7.01%
- Clearway Energy Inc 6.74%
- NextEra Energy Inc 6.71%
- ReNew Energy Global PLC 6.01%
- Atlantica Sustainable Infrastructure PLC 5.51%
- Dominion Energy Inc 4.56%
- Edison International 4.54%
- Exelon Corp 4.34%
- Terna - Rete Elettrica Nazionale 4.21%
- Public Service Enterprise Group Inc 4.18%
Asset Allocation
Weighting | Return Low | Return High | ECOAX % Rank | |
---|---|---|---|---|
Stocks | 93.26% | 86.92% | 102.71% | 97.03% |
Cash | 6.72% | 0.00% | 8.69% | 2.97% |
Other | 0.02% | -0.32% | 3.11% | 19.80% |
Preferred Stocks | 0.00% | 0.00% | 2.81% | 36.63% |
Convertible Bonds | 0.00% | 0.00% | 2.46% | 34.65% |
Bonds | 0.00% | 0.00% | 6.41% | 35.64% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ECOAX % Rank | |
---|---|---|---|---|
Utilities | 96.19% | 3.71% | 96.19% | 0.99% |
Technology | 3.81% | 0.00% | 25.65% | 13.86% |
Real Estate | 0.00% | 0.00% | 23.51% | 92.08% |
Industrials | 0.00% | 0.00% | 68.24% | 99.01% |
Healthcare | 0.00% | 0.00% | 6.54% | 35.64% |
Financial Services | 0.00% | 0.00% | 17.28% | 40.59% |
Energy | 0.00% | 0.00% | 32.46% | 93.07% |
Communication Services | 0.00% | 0.00% | 27.53% | 89.11% |
Consumer Defense | 0.00% | 0.00% | 0.99% | 37.62% |
Consumer Cyclical | 0.00% | 0.00% | 10.02% | 37.62% |
Basic Materials | 0.00% | 0.00% | 25.54% | 47.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ECOAX % Rank | |
---|---|---|---|---|
US | 48.68% | 1.21% | 99.74% | 63.37% |
Non US | 44.58% | 0.00% | 98.80% | 55.45% |
ECOAX - Expenses
Operational Fees
ECOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.20% | 0.30% | 18.17% | 55.10% |
Management Fee | 0.75% | 0.30% | 1.00% | 16.83% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.67% |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
ECOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 4.50% | 5.75% | 61.11% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
ECOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
ECOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 13.00% | 128.00% | 22.50% |
ECOAX - Distributions
Dividend Yield Analysis
ECOAX | Category Low | Category High | ECOAX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.88% | 0.00% | 5.68% | 95.05% |
Dividend Distribution Analysis
ECOAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
ECOAX | Category Low | Category High | ECOAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.01% | -0.39% | 4.38% | 72.16% |
Capital Gain Distribution Analysis
ECOAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.081 | OrdinaryDividend |
Dec 29, 2022 | $0.065 | OrdinaryDividend |
Nov 22, 2022 | $0.138 | OrdinaryDividend |
May 26, 2022 | $0.116 | OrdinaryDividend |
Nov 23, 2021 | $0.095 | OrdinaryDividend |
May 27, 2021 | $0.111 | OrdinaryDividend |
Nov 24, 2020 | $0.012 | OrdinaryDividend |
May 27, 2020 | $0.122 | OrdinaryDividend |
Dec 17, 2010 | $0.004 | OrdinaryDividend |
ECOAX - Fund Manager Analysis
Managers
Matthew Breidert
Start Date
Tenure
Tenure Rank
Aug 07, 2020
1.81
1.8%
Mr. Matthew Breidert joined the firm in 2006. He is a senior portfolio manager, overseeing sustainable, impact and ESG strategies, both long only and long/short. Prior to joining the firm, Mr. Breidert was an assistant portfolio manager at Millennium Partners. Previously, he was an investment banker with SG Barr Devlin. Prior to that, he worked at Cornerstone Energy Advisers and FT Energy/RDI in Boulder, Co. Mr. Breidert earned a Bachelor of Science degree in Ecology from the University of Illinois-Urbana Champaign and a Master of Business Administration from Washington University.
Michel Sznajer
Start Date
Tenure
Tenure Rank
Aug 07, 2020
1.81
1.8%
Mr. Sznajer joined the firm in 2016 and serves as a portfolio manager focused on sustainable products. Before joining the firm, he was a partner and portfolio manager at Silvaris Capital Management. Previously, Mr. Sznaier was employed at Wellington Management Co. as an industrial/infrastructure analyst and portfolio manager. Prior to that, he worked at Goldman Sachs and Indosuez W.I. CARR, covering the telecommunication sectors in Asia. Mr. Sznajer started his career as a management consultant at Bain & Company, covering technology, media and telecommunication, and financial sectors in Asia and Europe. He earned a MSc in business and engineering from Brussels University and is a CFA® charterholder. 032521
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 18.18 | 5.94 | 8.08 |