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Pear Tree Essex Environmental Opportunities Fund
mutual fund
EEOFX
Payout Change
Pending
Price as of:
$13.98
-0.2
-1.41%
primary theme
U.S. Mid-Cap Growth Equity
share class
EEOFX (Mutual Fund)
Pear Tree Essex Environmental Opportunities Fund
Payout Change
Pending
Price as of:
$13.98
-0.2
-1.41%
primary theme
U.S. Mid-Cap Growth Equity
share class
EEOFX (Mutual Fund)
Pear Tree Essex Environmental Opportunities Fund
Payout Change
Pending
Price as of:
$13.98
-0.2
-1.41%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 12/10/2024Price
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
8.3%
1 yr return
15.8%
3 Yr Avg Return
-7.4%
5 Yr Avg Return
7.1%
Net Assets
$67.8 M
Holdings in Top 10
52.7%
52 WEEK LOW AND HIGH
$14.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 9.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
EEOFX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return -7.4%
- 5 Yr Annualized Total Return 7.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.99%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePear Tree Essex Environmental Opportunities Fund
-
Fund Family NamePear Tree Funds
-
Inception DateSep 01, 2017
-
Shares Outstanding669761
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Page
Fund Description
Under normal market conditions, Environmental Opportunities Fund invests at least 80 percent of its net assets (plus borrowings for investment purposes) in equity securities of clean-tech companies. A clean-tech company is a company that the Fund’s sub-adviser believes provides leading technology solutions to solve environmental challenges, primarily focusing on climate change. Environmental Opportunities Fund invests in companies across all market capitalizations, although it expects most to be small- and mid-cap companies (i.e., at the time of investment, a market capitalization at least $100 million and less than $10 billion). Equity securities in which Environmental Opportunities Fund may invest include common stocks and preferred stocks, as well as equity securities of foreign companies, either directly or through American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”).
In managing Environmental Opportunities Fund’s portfolio, its sub-adviser uses its proprietary Global Environmental Opportunities Strategy (“GEOS”) to identify companies with a strong growth potential that are pursuing natural resource optimization and are engaged in finding energy efficiency solutions, lessening dependence on fossil fuels and limiting greenhouse gasses. GEOS focuses on approximately 100 issuers out of a universe of approximately 700 eligible issuers, each of which generates at least 25 percent of its revenues from one or more of nine “environmental investment themes”: Agricultural Productivity & Clean Fuels; Clean Technology & Efficiency; Efficient Transport; Environmental Finance; Power Technology; Power Merchants & Generation; Renewable Energy; Low Carbon Commerce; and Water. In addition to its environmental assessment, the sub-adviser ranks the universe of stocks according to a number of factors, including growth in revenues, earnings and free cash flow, valuation, balance sheet strength, and capital efficiency. The sub-adviser also attempts to diversify the portfolio across geographies, industries, and environmental themes. Environmental Opportunities Fund will typically hold at any given time securities of between 35 and 75 issuers.
Environmental Opportunities Fund may hold cash, or it may manage its cash by investing in cash equivalents and money market funds.
EEOFX - Performance
Return Ranking - Trailing
| Period | EEOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | 4.4% | 113.0% | 93.99% |
| 1 Yr | 15.8% | 9.9% | 118.3% | 92.05% |
| 3 Yr | -7.4%* | -14.1% | 62.2% | 95.69% |
| 5 Yr | 7.1%* | -2.1% | 104.0% | 89.58% |
| 10 Yr | N/A* | 3.1% | 26.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | EEOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.5% | -27.7% | 68.0% | 97.28% |
| 2022 | -27.9% | -85.6% | 52.8% | 32.88% |
| 2021 | 4.2% | -74.9% | 238.3% | 34.48% |
| 2020 | 60.1% | -44.1% | 2474.5% | 6.67% |
| 2019 | 25.4% | -50.2% | 44.0% | 52.04% |
Total Return Ranking - Trailing
| Period | EEOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | 4.4% | 113.0% | 93.99% |
| 1 Yr | 15.8% | 9.9% | 118.3% | 92.05% |
| 3 Yr | -7.4%* | -14.1% | 62.2% | 95.69% |
| 5 Yr | 7.1%* | -2.1% | 104.0% | 89.58% |
| 10 Yr | N/A* | 3.1% | 26.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | EEOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.5% | -26.1% | 68.0% | 97.67% |
| 2022 | -27.9% | -67.0% | 56.8% | 49.90% |
| 2021 | 10.9% | -23.5% | 342.2% | 62.90% |
| 2020 | 62.8% | 2.6% | 2549.1% | 9.58% |
| 2019 | 25.4% | 14.6% | 44.8% | 95.91% |
NAV & Total Return History
EEOFX - Holdings
Concentration Analysis
| EEOFX | Category Low | Category High | EEOFX % Rank | |
|---|---|---|---|---|
| Net Assets | 67.8 M | 2.73 M | 100 B | 91.28% |
| Number of Holdings | 34 | 24 | 3569 | 92.25% |
| Net Assets in Top 10 | 27.6 M | 670 K | 11.3 B | 90.12% |
| Weighting of Top 10 | 52.67% | 4.5% | 97.8% | 10.47% |
Top 10 Holdings
- UMB Money Market Special II 18.36%
- NextEra Energy, Inc. 5.04%
- Badger Meter, Inc. 4.45%
- Primoris Services Corporation 4.07%
- GE Vernova Inc. 4.00%
- Hubbell Incorporated 3.62%
- Kingspan Group plc 3.51%
- Keyence Corporation 3.35%
- Valmont Industries, Inc. 3.21%
- Xylem Inc. 3.08%
Asset Allocation
| Weighting | Return Low | Return High | EEOFX % Rank | |
|---|---|---|---|---|
| Stocks | 84.69% | 58.72% | 103.99% | 99.03% |
| Cash | 18.36% | 0.00% | 28.07% | 1.74% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 25.39% |
| Other | 0.00% | -0.11% | 14.45% | 40.12% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 14.53% |
| Bonds | 0.00% | 0.00% | 2.73% | 22.87% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | EEOFX % Rank | |
|---|---|---|---|---|
| Technology | 38.66% | 0.04% | 62.17% | 11.82% |
| Industrials | 38.23% | 0.00% | 38.23% | 0.19% |
| Basic Materials | 12.47% | 0.00% | 17.25% | 0.58% |
| Real Estate | 3.83% | 0.00% | 19.28% | 26.36% |
| Utilities | 2.69% | 0.00% | 12.94% | 7.17% |
| Consumer Cyclical | 2.29% | 0.00% | 57.41% | 97.29% |
| Consumer Defense | 1.85% | 0.00% | 16.40% | 57.17% |
| Healthcare | 0.00% | 0.00% | 37.06% | 97.48% |
| Financial Services | 0.00% | 0.00% | 43.01% | 97.48% |
| Energy | 0.00% | 0.00% | 62.10% | 67.25% |
| Communication Services | 0.00% | 0.00% | 18.33% | 89.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | EEOFX % Rank | |
|---|---|---|---|---|
| US | 61.87% | 46.79% | 103.99% | 99.03% |
| Non US | 22.81% | 0.00% | 34.12% | 0.58% |
EEOFX - Expenses
Operational Fees
| EEOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.51% | 0.02% | 17.54% | 21.51% |
| Management Fee | 0.90% | 0.00% | 1.50% | 83.50% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 33.22% |
| Administrative Fee | 0.03% | 0.00% | 0.40% | 14.88% |
Sales Fees
| EEOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| EEOFX 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.
| EEOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 0.00% | 250.31% | 7.53% |
EEOFX - Distributions
Dividend Yield Analysis
| EEOFX | Category Low | Category High | EEOFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 30.62% |
Dividend Distribution Analysis
| EEOFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| EEOFX | Category Low | Category High | EEOFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.99% | -2.24% | 2.75% | 80.31% |
Capital Gain Distribution Analysis
| EEOFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2022 | $0.001 | OrdinaryDividend |
| Dec 10, 2021 | $0.230 | CapitalGainShortTerm |
| Dec 10, 2021 | $0.976 | CapitalGainLongTerm |
| Dec 21, 2020 | $0.283 | OrdinaryDividend |
EEOFX - Fund Manager Analysis
Managers
William Page
Start Date
Tenure
Tenure Rank
Sep 01, 2017
4.75
4.8%
Bill Page, Senior Vice President & Senior Portfolio Manager, has been a portfolio manager of the Fund since its inception in September 2017.Bill Page is a Vice President and Head of Environmental, Social and Governance (ESG) Investments at State Street Global Advisors, the investment management division of State Street Bank and Trust Company. Bill has been working in the investment management field since 1986 and holds a Bachelor's degree in Economics from Boston University and an MBA from the F.W. Olin School of Business at Babson College.
Robert Uek
Start Date
Tenure
Tenure Rank
Sep 01, 2017
4.75
4.8%
Rob is a co-portfolio manager for Essex’s Global Environmental Opportunities Strategy. Prior to joining Essex in 2009, Rob was a Portfolio Manager at State Street Global Advisors. Previously, he was with John Hancock Advisers for over eight years, starting as a Global Industry Analyst, and moving to portfolio management on the US large cap equities team. Prior to this, Rob worked in corporate finance for Ernst & Young in Boston and London, performing due diligence for public offerings, mergers, and acquisitions. Rob serves as an Investment Committee member of Anatolia College in Thessaloniki, Greece. He is a Chartered Financial Analyst and a Certified Public Accountant (inactive). Rob earned a BA in Economics from Boston College and an MS in Accounting from Northeastern.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
