New Alternatives Fund (NALFX)

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The chart shows the growth of an initial investment of $10,000 in New Alternatives Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

New Alternatives Fund (NALFX) has returned 5.67% so far this year and 28.38% over the past 12 months. Over the last ten years, NALFX has returned 10.09% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Sep 3, 1982, NALFX's average daily return is +0.03%, while the average monthly return is +0.73%. At this rate, your investment would double in approximately 7.9 years.

Historically, 59% of months were positive and 41% were negative. The best month was Jan 2000 with a return of +18.2%, while the worst month was Oct 2008 at -29.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, NALFX closed higher 47% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Oct 23, 1987 at -16.7%.

New Alternatives Fund has an annualized alpha of 2.04%, beta of 0.62, and R² of 0.40 versus S&P 500 Index. Calculated based on daily prices since September 07, 1982.

• This fund participated in 90.85% of S&P 500 Index downside but only 82.33% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.62 may look defensive, but with R² of 0.40 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.40 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

NALFX has an expense ratio of 0.89%, placing it in the medium range.

NALFX ranks 86 for risk / return — in the top 86% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for New Alternatives Fund (NALFX) and compare them to a chosen benchmark (S&P 500 Index).

New Alternatives Fund provided a 1.10% dividend yield over the last twelve months, with an annual payout of $0.90 per share.

The table displays the monthly dividend distributions for New Alternatives Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the New Alternatives Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the New Alternatives Fund was 59.67%, occurring on Oct 27, 2008. Recovery took 1626 trading sessions.

The current New Alternatives Fund drawdown is 9.59%.

The chart below shows the rolling one-month volatility.