NAEFX Fees and Costs — New Alternatives Fund, Invesor Class Shares
Data updated: 2026-08-28
The net expense ratio is 1.35%. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $39K in broker commissions, 0.0150% of average net assets, and portfolio turnover was 4%.
NAEFX Fees and Expenses
Annual operating expenses and sales charges of NAEFX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.55% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NAEFX Costs Over Time
On $10,000 invested in NAEFX, assuming 5% a year before costs, total costs come to $848 over 5 years, cutting the return by 1.43% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.35%) | $142 | $441 | $761 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $143 | $468 | $848 |
| Value after costs | $10,357 | $11,109 | $11,915 |
| Impact on return, per year | 1.43% | 1.43% | 1.43% |
NAEFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0150%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 4%
- Securities lending: none during the year
NAEFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | $21K | 52.42% |
| Wall Street Access | $19K | 47.58% |
New Alternatives Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NALFX | ??Class A Shares | 1.10% | 3.50% |
| NAEFX | Invesor Class Shares | 1.35% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.