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GREEN CENTURY EQUITY FUND
mutual fund
GCEUX
Payout Change
Pending
Price as of:
$95.25
+1.2
+1.28%
primary theme
U.S. Large-Cap Growth Equity
share class
GCEUX (Mutual Fund)
GREEN CENTURY EQUITY FUND
Payout Change
Pending
Price as of:
$95.25
+1.2
+1.28%
primary theme
U.S. Large-Cap Growth Equity
share class
GCEUX (Mutual Fund)
GREEN CENTURY EQUITY FUND
Payout Change
Pending
Price as of:
$95.25
+1.2
+1.28%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
27.6%
1 yr return
31.5%
3 Yr Avg Return
8.4%
5 Yr Avg Return
15.4%
Net Assets
$680 M
Holdings in Top 10
42.0%
52 WEEK LOW AND HIGH
$94.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 9.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GCEUX - Profile
Distributions
- YTD Total Return 27.6%
- 3 Yr Annualized Total Return 8.4%
- 5 Yr Annualized Total Return 15.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.44%
- Dividend Yield 0.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGREEN CENTURY EQUITY FUND
-
Fund Family NameGREEN CENTURY FUNDS
-
Inception DateJun 03, 1991
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrent Reeder
Fund Description
The Fund invests substantially all of its assets in the common stocks which make up the MSCI KLD 400 Social ex Fossil Fuels Index (the KLD400 ex Fossil Fuels Index or the Index), a custom index calculated by MSCI, Inc. The KLD400 ex Fossil Fuels Index is comprised of the common stocks of the approximately 400 companies in the MSCI KLD 400 Social Index (the KLD400 Index), minus the stocks of the companies that:
| • | Explore for, extract, produce, manufacture or refine coal, oil or gas; |
| • | Produce or transmit electricity derived from fossil fuels or transmit natural gas; or |
| • | Have carbon reserves. |
Companies included in the KLD400 Index are identified based on a review of ESG ratings; the KLD400 Index is composed of companies with what MSCI calculates to have high ESG ratings.
MSCI ESG Research’s process in constructing the KLD400 Index includes the identification of the following key ESG issues by industry; measuring a company’s risk exposure for each key issue; and measuring a company’s risk management for each key issue:
| • | Environmental issues, including: |
| - | Climate Change: carbon emissions; product carbon footprint; financing environmental impact; and climate change vulnerability. |
| - | Natural Capital: water stress; biodiversity and land use; and raw material sourcing. |
| - | Pollution and Waste: toxic emissions and waste; packaging material and waste; and electronic waste. |
| - | Environmental Opportunities: clean technology; green building; and renewable energy. |
| • | Social issues, including: |
| - | Human Capital: labor management; health and safety; human capital development; and supply chain labor standards. |
| - | Product Liability: product safety and quality; chemical safety; financial product safety; privacy and data security; responsible investment; and insuring health and demographic risk. |
| - | Stakeholder Opposition: controversial sourcing. |
| - | Social Opportunities: access to communication; access to finance; access to health care; and opportunities in nutrition and health. |
| • | Governance issues, including: |
| - | Corporate Governance: board; pay; ownership and accounting. |
| - | Corporate Behavior: business ethics; anti-competitive practices; corruption and instability; financial system instability; and tax transparency. |
Companies that MSCI ESG Research has determined to have significant business involvement in the following will not be included in the KLD400 Index:
| • | Companies that are primarily engaged in the production of nuclear energy or the manufacture of nuclear equipment to produce nuclear energy or nuclear weapons, in the belief that these products are unacceptably threatening to a sustainable global environment. |
| • | Companies that are primarily engaged in the manufacture of tobacco products, which are linked to air pollution, deforestation, and plastic pollution, as well as health problems. |
| • | Companies that have a significant business involvement in genetically modified organisms (GMOs) whose use has led to increased use of toxic herbicides. |
| • | Companies that are in industries that produce firearms or military weapons. |
| • | Companies that are primarily engaged in gambling, alcohol or adult entertainment |
Green Century believes that those companies which seek to manage their ESG risk may be better prepared to avoid reputational, competitive, regulatory and material risks and may benefit financially as a result.
The Fund buys and sells stocks so that the composition of its securities holdings will correspond, to the extent reasonably practicable, to the composition of securities in the KLD400 ex Fossil Fuels Index. The weightings of the stocks in the KLD400 ex Fossil Fuels Index are based on float-adjusted market capitalizations, which means the largest companies comprise a higher percentage of the KLD400 ex Fossil Fuels Index and the Index is more heavily weighted in large than in small companies. As of September 30, 2024, large‑cap U.S. companies (defined as companies with market capitalizations of over $10 billion) represented approximately 97.85% of the market value of the investments of the Fund. To the extent practicable, the Fund will seek a correlation between the weightings of securities held by the Fund and the weightings of the securities of the KLD400 ex Fossil Fuels Index of 0.95 or better. A figure of 1.00 would indicate a perfect correlation. The Fund’s ability to duplicate the performance of the KLD400 ex Fossil Fuels Index will depend to some extent on the size and timing of cash flows into and out of the Fund as well as the Fund’s expenses. The Fund may be required to deviate its investments from the securities and relative weightings of the Index to comply with certain regulatory limitations, including diversification requirements under the 1940 Act and the Internal Revenue Code of 1986, as amended.
Under normal circumstances and as a matter of operating policy, the Fund will invest at least 80% of its assets in equity securities and related investments.
GCEUX - Performance
Return Ranking - Trailing
| Period | GCEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 27.6% | -37.8% | 56.1% | 75.36% |
| 1 Yr | 31.5% | -36.3% | 134.4% | 76.91% |
| 3 Yr | 8.4%* | -21.2% | 35.4% | 51.72% |
| 5 Yr | 15.4%* | -12.8% | 32.8% | 69.07% |
| 10 Yr | N/A* | -3.9% | 21.1% | 53.88% |
* Annualized
Return Ranking - Calendar
| Period | GCEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 27.4% | -74.1% | 72.4% | 66.24% |
| 2022 | -23.5% | -85.9% | 4.7% | 9.55% |
| 2021 | 28.2% | -52.4% | 60.5% | 2.71% |
| 2020 | 20.6% | -34.3% | 145.0% | 70.90% |
| 2019 | 29.7% | -6.9% | 49.4% | 21.30% |
Total Return Ranking - Trailing
| Period | GCEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 27.6% | -37.8% | 56.1% | 75.36% |
| 1 Yr | 31.5% | -36.3% | 134.4% | 76.91% |
| 3 Yr | 8.4%* | -21.2% | 35.4% | 51.72% |
| 5 Yr | 15.4%* | -12.8% | 32.8% | 69.07% |
| 10 Yr | N/A* | -3.9% | 21.1% | 50.43% |
* Annualized
Total Return Ranking - Calendar
| Period | GCEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 28.1% | -4.6% | 72.4% | 79.56% |
| 2022 | -22.8% | -61.7% | 5.6% | 17.52% |
| 2021 | 30.1% | -39.8% | 118.1% | 6.64% |
| 2020 | 22.6% | 2.8% | 149.2% | 88.55% |
| 2019 | 31.1% | -5.2% | 49.4% | 66.97% |
NAV & Total Return History
GCEUX - Holdings
Concentration Analysis
| GCEUX | Category Low | Category High | GCEUX % Rank | |
|---|---|---|---|---|
| Net Assets | 680 M | 296 K | 287 B | 64.91% |
| Number of Holdings | 359 | 2 | 3061 | 5.08% |
| Net Assets in Top 10 | 278 M | 126 K | 150 B | 67.06% |
| Weighting of Top 10 | 41.96% | 0.7% | 205.0% | 81.62% |
Top 10 Holdings
- Microsoft Corporation 12.04%
- NVIDIA Corporation 11.80%
- Alphabet, Inc., Class A 4.12%
- Alphabet, Inc., Class C 3.60%
- Tesla, Inc. 2.72%
- Visa, Inc., Class A 1.72%
- Mastercard, Inc., Class A 1.58%
- Procter Gamble Company (The) 1.54%
- Home Depot, Inc. (The) 1.50%
- AbbVie, Inc. 1.34%
Asset Allocation
| Weighting | Return Low | Return High | GCEUX % Rank | |
|---|---|---|---|---|
| Stocks | 97.26% | 0.00% | 123.52% | 81.03% |
| Cash | 0.12% | 0.00% | 173.52% | 81.49% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 78.49% |
| Other | 0.00% | -36.56% | 50.35% | 77.77% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 75.18% |
| Bonds | 0.00% | 0.00% | 102.71% | 75.77% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GCEUX % Rank | |
|---|---|---|---|---|
| Technology | 29.39% | 0.00% | 65.70% | 71.09% |
| Financial Services | 13.68% | 0.00% | 43.06% | 18.00% |
| Consumer Cyclical | 12.36% | 0.00% | 62.57% | 70.64% |
| Healthcare | 11.07% | 0.00% | 39.76% | 64.73% |
| Communication Services | 10.83% | 0.00% | 66.40% | 45.18% |
| Industrials | 8.70% | 0.00% | 30.65% | 19.82% |
| Consumer Defense | 7.93% | 0.00% | 25.50% | 9.09% |
| Real Estate | 3.25% | 0.00% | 16.05% | 14.91% |
| Basic Materials | 2.56% | 0.00% | 18.91% | 23.45% |
| Utilities | 0.23% | 0.00% | 16.07% | 25.91% |
| Energy | 0.00% | 0.00% | 41.09% | 88.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GCEUX % Rank | |
|---|---|---|---|---|
| US | 97.26% | 0.00% | 123.52% | 68.87% |
| Non US | 0.00% | 0.00% | 75.46% | 83.12% |
GCEUX - Expenses
Operational Fees
| GCEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.90% | 0.01% | 28.71% | 55.19% |
| Management Fee | 0.21% | 0.00% | 1.50% | 5.12% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.72% | 0.01% | 1.02% | 99.13% |
Sales Fees
| GCEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GCEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 43.48% |
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.
| GCEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 0.00% | 316.74% | 7.91% |
GCEUX - Distributions
Dividend Yield Analysis
| GCEUX | Category Low | Category High | GCEUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.47% | 0.00% | 27.58% | 31.24% |
Dividend Distribution Analysis
| GCEUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GCEUX | Category Low | Category High | GCEUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.44% | -6.13% | 3.48% | 8.16% |
Capital Gain Distribution Analysis
| GCEUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.112 | OrdinaryDividend |
| Jun 29, 2023 | $0.267 | OrdinaryDividend |
| Dec 29, 2022 | $0.344 | OrdinaryDividend |
| Jun 29, 2022 | $0.218 | OrdinaryDividend |
| Dec 30, 2021 | $0.950 | OrdinaryDividend |
| Jun 29, 2021 | $0.179 | OrdinaryDividend |
| Dec 30, 2020 | $0.637 | OrdinaryDividend |
| Jun 29, 2020 | $0.264 | OrdinaryDividend |
| Dec 30, 2019 | $0.155 | OrdinaryDividend |
| Dec 30, 2019 | $0.031 | CapitalGainShortTerm |
| Dec 30, 2019 | $0.103 | CapitalGainLongTerm |
| Jun 27, 2019 | $0.228 | OrdinaryDividend |
| Dec 28, 2018 | $0.167 | OrdinaryDividend |
| Dec 28, 2018 | $0.187 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.450 | CapitalGainLongTerm |
| Jun 28, 2018 | $0.140 | OrdinaryDividend |
GCEUX - Fund Manager Analysis
Managers
Brent Reeder
Start Date
Tenure
Tenure Rank
Nov 29, 2010
11.51
11.5%
Brent Reeder, Senior Vice President at The Northern Trust Company, Chicago, is the Team Leader-Domestic Index in the Quantitative Management Group of Northern Trust Global Investments (NTGI). Before his current role, he was a Portfolio Manager in the Quantitative Management Group of NTGI, responsible for the management of index portfolios. Brent has a broad range of expertise in both large capitalization and small capitalization index mandates. Prior to this, Brent spent five years in trust operations as a team leader of the Foundations and Endowments team. He received a B.A. degree in Economics from DePauw University and an M.B.A. degree in Finance from DePaul University. Brent is an Associated Person with the National Futures Association.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |
