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Company Overview
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Strategy
Areas of Investment
Alternative Energy

Overview
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12/31/11


Name of StockPercent of TotalBrief Description
Abengoa SA 5.17% (Spain) Biomass (Ethanol Cellosic Project), Solar Projects, Aluminum Recycling
Acciona SA 5.84% (Spain) Construction; Wind, Small Hydro, & Solar Thermal
Algonquin Power & Utilities 0.34% (Canada) Small Utility with Water, Electric Transmission and One Wind Farm
American Water Works Co. 6.03% Water Utility
A O Smith 1.08% Efficient Water Heaters (Including Solar Water Heaters)
Aqua America, Inc. 4.77% Water Utility & Sewage Treatment
Atmos Energy 5.41% Natural Gas Distribution Utility
Companhia de Saneamento (ADR) 4.51% (Brazil) Water Utility
EDP Renovaveis, SA Oveido 6.62% (Spain) International Renewable Power Generation (Mostly Wind), Ocean Energy
Elecnor SA 0.87% (Spain) Wind & Solar Projects, Electric Transmission
First Solar, Inc. 0.09% Manufactures Solar Cells & Solar Project Developer
Fuel Cell Energy 0.05% Molten Carbonate & Solid Oxide Fuel Cells for Electric Power Generation
Gamesa Corporation Technologica 3.37% (Spain) Wind Turbine Manufacturer
Hafslund ASA-A 1.72% (Norway) Hydropower, District Heating/Renewable Energy Ventures
Hyflux Ltd. 0.50% (Singapore) Water Purification in China & S.E. Asia
ITC Holdings 3.08% Electric Transmission Utility - Proposed "Green Power Express" for Wind Power Projects
Johnson Controls Inc. 5.07% Building Controls, Auto Parts: Batteries (Lithium-ion) for Hybrids
Koninklijke Phillips Electronics N.V. 5.67% (Netherlands) Lighting (LED's, Compact Fluorescent) Electronics & Healthcare
Kyocera Corp. (ADR) 1.29% (Japan) Semiconductors & #3 Solar Cell Manufacturer
Northwest Natural Gas 3.89% Natural Gas Distribution - with Energy & Conservation Programs
Ormat Technologies, Inc. 4.88% Geothermal Energy Equipment, Construction and Production
Owens Corning 3.11% Insulation for Energy Efficiency in Buildings
Schneider Electric SA 4.98% (France) Electric Energy Efficient Technology in Buildings and Industry
Sims Metal Management 0.70% (Australia) Metal Recycling
SMA Solar Technology AG 0.76% (Germany) Inventors for Solar and Other Applications
South Jersey Industries 4.61% Natural Gas Distribution/Cogeneration and Landfill Gas Projects
TrustPower Ltd. 1.49% (New Zealand) Wind & Hydro in New Zealand
Veolia Environment SA (ADR) 0.75% (France) Water Utility, Waste Water Treatment, Waste Management, Renewable Energy Management & Mass Transit Services
Vestas Wind Systems 2.92% (Denmark) Wind Turbine Manufacturer
Waterfurnace Renewable Energy 0.66% (Canada/US) Small Geothermal Installations (Homes & Business)
WGL Holdings Inc. 5.38% Natural Gas Distribution/with Solar Projects
Xylem, Inc. 0.69% Clean Water Equipment & Services

We hold cash in the following banks and credit unions that specialize in community development investment - providing loans for low income housing and small businesses.

Socially Concerned Banks   Location
Alternatives Federal Credit Union   Ithaca, NY
People's United Bank   Vermont
Carver Federal Savings   Brooklyn, NY
Self-Help Credit Union   North Carolina
Urban Partnership Bank   Chicago, IL


The fund's holdings are subject to change.







 

This website should not be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where it would be unlawful under the securities law of that jurisdiction.