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Trending ETFs

Domini Sustainable Solutions Fund

mutual fund
LIFEX
Payout Change
Pending
Price as of:
$16.05 -0.08 -0.5%
primary theme
U.S. Mid-Cap Growth Equity
share class
Instl (LIFEX) Investor (CAREX)
LIFEX (Mutual Fund)

Domini Sustainable Solutions Fund

Payout Change
Pending
Price as of:
$16.05 -0.08 -0.5%
primary theme
U.S. Mid-Cap Growth Equity
share class
Instl (LIFEX) Investor (CAREX)
LIFEX (Mutual Fund)

Domini Sustainable Solutions Fund

Payout Change
Pending
Price as of:
$16.05 -0.08 -0.5%
primary theme
U.S. Mid-Cap Growth Equity
share class
Instl (LIFEX) Investor (CAREX)

Name

As of 12/19/2024

Price

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

Domini Sustainable Solutions Fund

LIFEX | Fund

$16.05

$36.3 M

0.23%

$0.04

1.56%

Vitals

YTD Return

11.0%

1 yr return

13.5%

3 Yr Avg Return

-1.5%

5 Yr Avg Return

N/A

Net Assets

$36.3 M

Holdings in Top 10

35.7%

52 WEEK LOW AND HIGH

$16.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.56%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 65.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$500,000

IRA

$500,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

Price

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

Domini Sustainable Solutions Fund

LIFEX | Fund

$16.05

$36.3 M

0.23%

$0.04

1.56%

LIFEX - Profile

Distributions

  • YTD Total Return 11.0%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.62%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Domini Sustainable Solutions Fund
  • Fund Family Name
    Domini
  • Inception Date
    Apr 01, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Amy Thornton

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of companies that demonstrate a commitment to sustainability solutions.
For purposes of the Fund’s 80% policy, a company demonstrates a commitment to sustainability solutions if the Adviser determines, based on its analysis, that the company provides, invests in or creates products or services that seek to help:
•
Accelerate the transition to a low‑carbon future, including through renewable energy, distributed generation, off‑grid solutions, energy storage, electric vehicles, energy management solutions, energy-efficient technologies, or related financial services;
•
Contribute to the development of sustainable and resilient communities, including through energy-efficient transportation systems, affordable and/or resilient housing, sustainable infrastructure solutions, green buildings and materials, or related real estate investments;
•
Promote a circular economy with sustainable production and consumption, including through efficient usage of natural resources, products using recycled or recyclable materials, products with longer life cycles, or solutions for product life cycle extension;
•
Provide access to clean water, including through water infrastructure, affordable water services, water treatment solutions, plumbing and flow-control equipment, or water harvesting or conservation solutions;
•
Support more sustainable food and agricultural systems, including through production or access to healthy, organic, plant-based, and/or fair-trade food, resource-efficient agriculture, support for small-scale farming, or the reduction of food waste;
•
Promote societal health and well-being, including through vaccines or other preventative health care solutions, diagnostics, medicines, innovative medical equipment or technologies, or solutions related to consumer health, nutrition, fitness or safety;
•
Broaden financial inclusion and/or promote sustainable finance, including through improvement of, or access to, capital, banking, insurance, investment, or other financial products or services; or
•
Bridge the digital divide and/or support sustainable information and communication systems, including through access to information and communication technologies/services, education, training, or job placement, communications or network infrastructure, cybersecurity solutions, or related enterprise technology solutions.
A company that demonstrates a commitment to sustainability solutions is also evaluated on financial criteria.
The Fund may invest in equity securities issued by companies of any market capitalization located throughout the world, including the U.S. For purposes of the Fund’s investment policies, equity securities include common stocks, depositary receipts, warrants, rights, and preferred shares.
Securities of foreign issuers may be purchased directly or through depositary receipts, including American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), and Global Depositary Receipts (GDRs), or other securities representing underlying shares of foreign companies.
The Fund’s investments are not constrained by benchmark weightings in regions, countries, or sectors. The Fund may have significant exposure to securities of issuers in the industrials, information technology, health care, financials, and consumer discretionary sectors. In addition, because the Fund is unconstrained to any benchmark, these exposures may change over time. The Fund may have significant exposure to any region, country or sector at any time. The Fund may invest in fewer than fifty securities.
Domini Impact Investments LLC (the “Adviser”), the Fund’s adviser, seeks to identify investment opportunities for the Fund that, in the Adviser’s view, create positive environmental and social outcomes for people and the planet, while also seeking competitive financial returns (“Impact Investing”). All of the investment selections made by the Adviser are based on the evaluation of environmental and social factors, including the core business in which a company engages and/or how a company treats its key stakeholders, such as its customers, employees, suppliers, ecosystems, local, national and global communities, and/or investors (“environmental and social factors”). A security will be sold if the Adviser determines that the company is no longer eligible for investment based on the Adviser’s ongoing evaluation of
environmental and social factors, financial criteria, and/or the company no longer demonstrates a commitment to sustainability solutions, as applicable.
SSGA Funds Management, Inc. (the “Subadviser”), the Fund’s subadviser, will purchase or sell securities to implement the Adviser’s investment selections at a time determined appropriate by the Subadviser and in accordance with, but not necessarily in the identical amounts as provided with the Adviser’s investment selections.
Read More

LIFEX - Performance

Return Ranking - Trailing

Period LIFEX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.0% -2.0% 90.1% 71.26%
1 Yr 13.5% -2.3% 86.3% 79.81%
3 Yr -1.5%* -14.9% 58.0% 81.37%
5 Yr N/A* -2.9% 101.0% N/A
10 Yr N/A* 2.3% 24.4% N/A

* Annualized

Return Ranking - Calendar

Period LIFEX Return Category Return Low Category Return High Rank in Category (%)
2023 13.5% -27.7% 68.0% 71.40%
2022 -27.1% -85.6% 52.8% 26.81%
2021 -10.2% -74.9% 238.3% 75.60%
2020 N/A -44.1% 2474.5% N/A
2019 N/A -50.2% 44.0% N/A

Total Return Ranking - Trailing

Period LIFEX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.0% -2.0% 90.1% 71.26%
1 Yr 13.5% -2.3% 86.3% 79.81%
3 Yr -1.5%* -14.9% 58.0% 81.37%
5 Yr N/A* -2.9% 101.0% N/A
10 Yr N/A* 2.3% 24.4% N/A

* Annualized

Total Return Ranking - Calendar

Period LIFEX Return Category Return Low Category Return High Rank in Category (%)
2023 13.5% -26.1% 68.0% 88.91%
2022 -27.1% -67.0% 56.8% 44.42%
2021 -6.2% -23.5% 342.2% 95.56%
2020 N/A 2.6% 2549.1% N/A
2019 N/A 14.6% 44.8% N/A

NAV & Total Return History

LIFEX - Holdings

Concentration Analysis

LIFEX Category Low Category High LIFEX % Rank
Net Assets 36.3 M 2.73 M 100 B 94.19%
Number of Holdings 44 24 3569 83.72%
Net Assets in Top 10 13 M 635 K 11.3 B 95.35%
Weighting of Top 10 35.65% 4.5% 97.8% 24.22%

Top 10 Holdings

  1. Palo Alto Networks Inc COM USD0.0001 4.44%
  2. Munich Reinsurance AG NPV(REGD) 4.34%
  3. Schneider Electric SE EUR4.00 3.63%
  4. Veralto Corp. COM SHS 3.49%
  5. Wolters Kluwer NV EUR0.12 3.48%
  6. GSK plc ORD GBP0.3125 3.42%
  7. ASML Holding N.V. NY REGISTRY SHS 3.30%
  8. Hologic Inc COM USD0.01 3.22%
  9. Halozyme Therapeutics Inc COM USD0.001 3.21%
  10. Resona Holdings Inc. NPV 3.13%

Asset Allocation

Weighting Return Low Return High LIFEX % Rank
Stocks 		97.72% 58.72% 103.99% 65.12%
Cash 		2.28% 0.00% 28.07% 34.11%
Preferred Stocks 		0.00% 0.00% 6.15% 25.00%
Other 		0.00% -0.11% 14.45% 40.31%
Convertible Bonds 		0.00% 0.00% 0.40% 15.12%
Bonds 		0.00% 0.00% 2.73% 23.26%

Stock Sector Breakdown

Weighting Return Low Return High LIFEX % Rank
Technology 		27.62% 0.04% 62.17% 66.86%
Healthcare 		20.99% 0.00% 37.06% 22.48%
Financial Services 		14.09% 0.00% 43.01% 13.18%
Industrials 		13.05% 0.00% 38.23% 65.70%
Consumer Cyclical 		12.73% 0.00% 57.41% 64.73%
Real Estate 		4.73% 0.00% 19.28% 19.96%
Consumer Defense 		3.44% 0.00% 16.40% 24.61%
Communication Services 		3.35% 0.00% 18.33% 37.60%
Utilities 		0.00% 0.00% 12.94% 37.98%
Energy 		0.00% 0.00% 62.10% 68.41%
Basic Materials 		0.00% 0.00% 17.25% 79.46%

Stock Geographic Breakdown

Weighting Return Low Return High LIFEX % Rank
US 		63.60% 46.79% 103.99% 98.64%
Non US 		34.12% 0.00% 34.12% 0.19%

LIFEX - Expenses

Operational Fees

LIFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% 0.02% 17.54% 20.16%
Management Fee 0.85% 0.00% 1.50% 79.61%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

LIFEX 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

LIFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 30.00%

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.

LIFEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 250.31% 73.12%

LIFEX - Distributions

Dividend Yield Analysis

LIFEX Category Low Category High LIFEX % Rank
Dividend Yield 0.23% 0.00% 33.43% 31.98%

Dividend Distribution Analysis

LIFEX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Annual Annual

Net Income Ratio Analysis

LIFEX Category Low Category High LIFEX % Rank
Net Income Ratio -0.62% -2.24% 2.75% 53.74%

Capital Gain Distribution Analysis

LIFEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

LIFEX - Fund Manager Analysis

Managers

Amy Thornton

Start Date

Tenure

Tenure Rank

Apr 01, 2020

2.16

2.2%

Amy Domini Thornton, CFA and Co-Manager, is the founder and Chair of Domini. She has served as Chair since 2016 and Chief Executive Officer from 2002 to 2015. Ms. Domini has also served as Chair of the Board of Trustees of the Domini Funds since 1990 and was President of the Domini Funds from 1990 through 2017. She has served as portfolio manager for Domini’s separately managed account since 2013. Ms. Domini also serve as a Private Trustee (since 1987) of Loring Wolcott & Coolidge as well as a Partner (since 1994) with Loring Wolcott & Coolidge Fiduciary Advisors LLP, a registered investment adviser. In this capacity she has responsibility for the investments of private trust accounts and works with individuals to integrate social or ethical criteria into their investments.

Carole Laible

Start Date

Tenure

Tenure Rank

Apr 01, 2020

2.16

2.2%

Carole M. Laible is the Chief Executive Officer of Domini (since 2016), and President of Domini Funds (since 2017). She previously served as the President of Domini from 2005 to 2015, Chief Operating Officer of Domini 2002 to 2011, and served as the Treasurer of the Domini Funds from 1997 through 2017.

Michael Finocchi

Start Date

Tenure

Tenure Rank

Apr 01, 2020

2.16

2.2%

Michael Finocchi is a Principal of SSGA and a Portfolio Manager in the Global Equity Beta Solutions Group. Prior to assuming his current role in March 2012, Mr. Finocchi was a senior manager in Portfolio Administration responsible for the operations of funds managed by the Global Equity Beta Solutions Group. Before joining SSGA in 2005, he worked for Investors Bank & Trust as a senior tax analyst following his role in custody servicing BGI. Mr. Finocchi holds a Master of Business Administration with a concentration in Finance from Boston University’s Questrom School of Business as well as a Bachelor of Arts in History and Business Studies from Providence College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.42 11.76

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