Portfolio 21 Global Equity Fund
Data updated: 2023-11-02
C000042370 — Portfolio 21 Global Equity Fund. Emerging Markets Large Cap Growth Equity · $825.77M AUM. Holdings, fees, performance and SEC filings.
C000042370 Fund Overview
Portfolio 21 Global Equity Fund is a US mutual fund managed by Professionally Managed Portfolios, categorised as Emerging Markets Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Professionally Managed Portfolios
- Category: Emerging Markets Large Cap Growth Equity
- Assets under management: $825.77M
- 1-year return: 17.9%
- SEC CIK: 0000811030
- SEC series ID: S000004945
- Share class ID: C000042370
C000042370 Investment Objective and Strategy
Portfolio 21 Global Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Professionally Managed Portfolios.
Investment objective
The Trillium P21 Global Equity Fund (the Global Equity Fund or Fund) seeks long-term capital growth.
Principal investment strategy
The Global Equity Fund invests primarily in common stocks of companies that Trillium Asset Management, LLC (the Adviser) believes are leaders in managing environmental risks and opportunities, have above average growth potential, and are reasonably valued. Under normal market conditions, the Funds net assets (plus any borrowings for investment purposes) will be fully invested, but at least 80%, in equity securities. The Fund will provide shareholders with at least 60 days notice before changing this 80% policy. The Fund invests globally and has exposure to both emerging (including frontier market countries) and developed markets. The Fund may invest in companies of any size, and seeks diversification by country and economic sector. The Global Equity Fund generally will invest approximately 50%, and at least 40%, of its net assets in foreign companies.
Foreign companies are those that either maintain their principal place of business outside of the United States, have their securities principally traded on non-U.S. exchanges or were formed under the laws of non-U.S. countries. Foreign companies may include companies doing business in the United States but meet the general criteria of a foreign company described above. The Fund generally will invest in approximately 15 to 20, and in at least three, different countries outside of the United States. The Global Equity Funds foreign holdings may include companies domiciled in emerging markets (including frontier market countries) as well as companies domiciled in developed markets. There is no limit to the percent of the Funds foreign holdings that may be invested in either emerging (including frontier market countries) or developed markets and therefore the Fund may be invested entirely in companies from emerging markets.
The Adviser believes that the best long-term investments are found in companies with above-average financial characteristics and growth potential that also excel at managing environmental risks and opportunities and societal impact. The Adviser believes that a companys understanding of environmental principles demonstrates the qualities of innovation and leadership that create a distinct competitive advantage and build long-term value. Therefore, the Adviser conducts fundamental research to find companies with attractive environmental, societal, and financial attributes. In conducting fundamental research the Adviser combines traditional investment information with proprietary environmental analysis. The Adviser believes that this creates a complete picture of how each company behaves commercially and how it deals with existing and emerging environmental risks and opportunities.
The Adviser considers a companys position on various factors such as ecological limits, environmental stewardship, environmental strategies, stance on human rights and equality, societal impact as well as its corporate governance practices. The Adviser believes that finding companies that meet its financial and environmental standards is an important part of the process, but that it is also critical to make investments at reasonable valuations. A security will be sold within a reasonable period of time if the company no longer meets the Advisers environmental evaluation criteria or if the company no longer meets the Advisers minimum financial standards. Additionally, the Global Equity Fund may participate in securities lending arrangements of up to 33 1/3% of the securities in its portfolio to brokers, dealers and financial institutions (but not individuals) in order to increase the return on its portfolio.
C000042370 Holdings
Top 10 holdings of Portfolio 21 Global Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 3.50% |
| Apple Inc | 3.37% |
| Alphabet Inc | 3.04% |
| Invesco Government & Agency Po | 2.32% |
| Tsmc | 1.61% |
| PayPal Holdings Inc | 1.56% |
| NVIDIA Corp | 1.42% |
| Adobe Inc | 1.35% |
| NIKE Inc | 1.22% |
| Visa Inc | 1.16% |
C000042370 Portfolio Allocation
Asset-class allocation of Portfolio 21 Global Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.5% |
| Cash & Equivalents | 2.3% |
C000042370 Performance
Total returns for C000042370 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.9% |
| 3 years (annualised) | 5.5% |
C000042370 Risk Information
Risk metrics for C000042370, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.7%
C000042370 Costs and Fees
C000042370 costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.01%
- Portfolio turnover: 7%
- Brokerage commissions: 1.84 bps of average net assets (SEC N-CEN)
C000042370 Cashflows
Over the 12 months to 2023-09, Portfolio 21 Global Equity Fund had net inflows of $343.56M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | $20.06M |
| 2023-08 | $19.51M |
| 2023-07 | $25.08M |
| 2023-06 | $28.38M |
| 2023-05 | $16.76M |
| 2023-04 | $16.12M |
C000042370 Debt Constituents
No individual debt constituents are reported in Portfolio 21 Global Equity Fund's latest SEC N-PORT filing.
C000042370 Prospectus and SEC Filings
Official Portfolio 21 Global Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-10-28
- Prospectus (485BPOS) — filed 2021-10-29
- Prospectus (485BPOS) — filed 2020-10-29
- Portfolio holdings (N-PORT) — filed 2023-11-02
- Portfolio holdings (N-PORT) — filed 2023-08-28
- Portfolio holdings (N-PORT) — filed 2023-05-26
- Annual census (N-CEN) — filed 2023-09-07
- Annual census (N-CEN) — filed 2022-09-13
Related Funds
Other Emerging Markets Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.