EDFWX — AIG ESG Dividend Fund
Data updated: 2021-06-29
EDFWX — AIG ESG Dividend Fund. United States Large Cap Value Thematic Equity · $48.26M AUM · 1.78% expense ratio. Holdings, fees, performance and SEC filings.
EDFWX Fund Overview
EDFWX — AIG ESG Dividend Fund is a US mutual fund managed by SunAmerica Specialty Series, categorised as United States Large Cap Value Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: SunAmerica Specialty Series
- Category: United States Large Cap Value Thematic Equity
- Assets under management: $48.26M
- 1-year return: 45.1%
- Ticker: EDFWX
- SEC CIK: 0001274768
- SEC series ID: S000055862
- Share class ID: C000175949
EDFWX Investment Objective and Strategy
AIG ESG Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SunAmerica Specialty Series.
Investment objective
"The investment goal of the AIG ESG Dividend Fund (the ""Fund"") is total return (including capital appreciation and current income)."
Principal investment strategy
"The Fund's principal investment strategies are value and ""ESG investing."" The value oriented philosophy to which the Fund subscribes is that of investing in securities believed to be undervalued in the market. The selection criteria is usually calculated to identify stocks of companies with solid financial strength that have attractive valuations and that may have generally been overlooked by the market. ESG investing involves investing in companies that satisfy certain environmental, social and governance (""ESG"") standards. The principal investment technique of the Fund is to employ a ""buy and hold"" strategy with up to forty dividend yielding equity securities selected annually from the Russell 1000 Index that meet the Fund's ESG standards. At least 80% of the Fund's net assets, plus any borrowings for investment purposes, will be invested in dividend yielding equity securities of companies that meet the Fund's ESG standards.
The Fund expects to invest primarily in large-cap common stocks, although the Fund may invest in companies of any size. SunAmerica, the Fund's investment adviser, employs an ESG screening process at the time of investment to identify companies that meet the Fund's ESG standards. Pursuant to its ESG standards, which incorporate screening research from independent research services, the Fund will not invest in: (1) companies that are significantly engaged in: the manufacture or distribution of civilian firearms, military weapons or weapons delivery systems; the manufacture or distribution of alcoholic beverages or tobacco products; the operation of gambling-related businesses; or the production of nuclear energy, or (2) companies that: have a history of poor labor-management relations; engage in businesses or have products that have a severely negative impact on the environment; have significant business operations in countries whose governments pose human rights concerns; operate businesses that have a significantly adverse impact on the communities in which they are located; engage in businesses or have products that have a severely negative impact on their customers, which may include companies that have products that pose safety or health concerns, engage in practices that are anti-competitive or have marketing that is inappropriate or misleading; or have a history of poor business ethics, which may include companies that have incidents of bribery or fraud, or poor governance structures.
After identifying companies within the Russell 1000 Index that satisfy the ESG standards, the Adviser then selects up to forty dividend yielding equity securities. The selection criteria used to select dividend yielding equity securities will generally include dividend yield as well as a combination of factors that relate to profitability, valuation and ESG criteria. Certain stocks in the Russell 1000 Index may be excluded as a result of liquidity screens or industry-related caps applied during the selection process. While the securities selection process will take place on an annual basis, the portfolio managers may, from time to time, substitute certain securities for those selected for the Fund or reduce the position size of a portfolio security in between the annual rebalancings, under certain limited circumstances.
These circumstances will generally include where a security held by the Fund no longer meets the ESG standards, the dividend yielding criteria, when the value of a security becomes a disproportionately large percentage of the Fund's holdings, when the size of the Fund's position in the security has the potential to create market liquidity or other issues in connection with the annual rebalancing or efficient management of the Fund, or to maintain an industry-related cap, each in the discretion of the portfolio managers. The annual consideration of the stocks that meet the selection criteria will take place on or about February 1. Immediately after the Fund buys and sells stock in connection with the Fund's annual rebalancing, it will hold approximately an equal value of each of the forty stocks.
In other words, the Fund will invest about 1/40 of its assets in each of the stocks that make up its portfolio. Thereafter, when an investor purchases shares of the Fund, SunAmerica will generally invest additional funds in the pre-selected stocks based on each stock's respective percentage of the Fund's assets at the time. The Fund employs a strategy to hold stocks between its annual rebalancing, even if there are adverse developments concerning a particular stock, an industry, the economy or the stock market generally. Due to changes in the market value of the stocks held by the Fund, it is likely that the weighting of the stocks in its portfolio will fluctuate throughout the course of the year. The principal investment strategies and principal investment techniques of the Fund may be changed without shareholder approval.
You will receive at least sixty (60) days' notice of any change to the 80% investment policy set forth above."
EDFWX Performance
Total returns for EDFWX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 45.1% |
EDFWX Risk Information
Risk metrics for EDFWX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.3%
EDFWX Costs and Fees
EDFWX costs about $178 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.78%
- Gross expense ratio: 3.63%
- Portfolio turnover: 70%
- Brokerage commissions: 6.17 bps of average net assets (SEC N-CEN)
EDFWX Cashflows
Over the 12 months to 2021-04, AIG ESG Dividend Fund had net inflows of $8.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | −$2.11M |
| 2021-03 | $122.12K |
| 2021-02 | $478.98K |
| 2021-01 | $1.08M |
| 2020-12 | $1.20M |
| 2020-11 | $507.29K |
EDFWX Debt Constituents
No individual debt constituents are reported in AIG ESG Dividend Fund's latest SEC N-PORT filing.
EDFWX Prospectus and SEC Filings
Official AIG ESG Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-02-26
- Prospectus (485BPOS) — filed 2020-03-11
- Prospectus (485BPOS) — filed 2019-03-11
- Portfolio holdings (N-PORT) — filed 2021-06-29
- Portfolio holdings (N-PORT) — filed 2021-03-31
- Portfolio holdings (N-PORT) — filed 2020-12-22
- Annual census (N-CEN) — filed 2021-01-14
- Annual census (N-CEN) — filed 2020-01-13
Related Funds
Other United States Large Cap Value Thematic 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.