NALFX - New Alternatives A

Nasdaq - Nasdaq Delayed Price. Currency in USD
54.20
0.00 (0.00%)
At close: 8:00PM EDT
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Previous Close54.20
YTD Return-2.54%
Expense Ratio (net)1.07%
CategoryWorld Small/Mid Stock
Last Cap Gain0.00
Morningstar Rating★★★★★
Morningstar Risk RatingHigh
Sustainability Rating
Net Assets196.39M
Beta (3y)0.96
Yield1.85%
5y Average ReturnN/A
Holdings Turnover11.31%
Last Dividend1.03
Average for CategoryN/A
Inception DateSep 3, 1982
  • Reuterslast year

    "Green" mutual funds bounce back after Trump-induced retreat

    After U.S. President Donald Trump's election last November, investors pulled nearly $68 million from so-called "green" mutual funds, reflecting fear that his pro-coal agenda would hurt renewable energy firms. Investors' renewed faith in the funds reflects a growing belief the president will not succeed in reviving the coal industry and will not target the government subsidies that underpin renewable power, which have bipartisan support. It also sends a positive sign for the wind, solar and energy efficiency firms and make up a large portion of the green-fund portfolios.

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