Domini Impact Equity Fund

Shareclass

Domini Impact Equity Institutional (DIEQX)

Type

Open-end mutual fund

Manager

Engagement grade: This fund family frequently engages the companies it invests in to push for better behavior. Learn more about engagement and socially responsible investing.

16.33%

INVESTED IN DEFORESTATION-RISK COMPANIES

AGRIBUSINESS

deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy

BANKS AND LENDERS

that finance deforestation-risk agribusiness producers via lending and underwriting

MAJOR CONSUMER BRANDS

that use deforestation-risk agribusiness commodities in products

holdings flagged

16%

of assets flagged

Member of the Forum for Sustainable and Responsible Investment

This asset manager is a member of the Forum for Sustainable and Responsible Investment, a group advancing sustainable, responsible, and impact investing.

Learn more: Forum for Sustainable and Responsible Investment

Member of The Forum for Sustainable and ResponsibleInvestment icon

Known Sustainability Engager

Some sustainability-mandated funds actively engage the companies they own. Indeed, efforts by sustainability-focused investors whose funds are found on this site have been crucial to driving positive change in deforestation-risk sectors like palm oil. A number of asset managers are known sustainability engagers, and have taken actions such as filing shareholder resolutions asking for policy changes. Those asset managers deserve special acknowledgement - often, they are using their investments to make sure they have a voice at the table to call for real improvements in company behavior. We used data collected by Ceres to identify asset managers that have filed shareholder resolutions on deforestation, climate change, or other environmental issues. If a fund owns companies we screen for, but the family is a known filer of deforestation or environmental-related shareholder resolutions, it earns a special engagement score. Read more about our deforestation grades.

Domini has filed deforestation or other climate-change related shareholder resolutions at Avon Products, Concho Resources, Inc., International Paper Co., Kraft Foods, Kraft Heinz, Lowe's Companies, Mondelez International, PepsiCo, Procter & Gamble, R.R. Donnelley & Sons Company, and Southwestern Energy Co. See the resolutions

Domini submitted a statement describing their engagement efforts:

For many years, Domini has incorporated concerns about deforestation into its investment decision-making and shareholder engagement work. Deforestation is a key contributor to climate change and a threat to biodiversity, indigenous peoples and local communities. We have submitted shareholder proposals and engaged in dialogue with a variety of corporations on these issues, including paper and pulp, soy, sugar, charcoal (for pig-iron production), beef and palm oil sourcing and related human rights impacts. We have convinced a number of companies to adopt and improve policies, practices and public reporting on forestry impacts. We often work in collaboration with forestry NGOs and other concerned investors. Visit www.domini.com for more information.

This fund contains

$185.03 MILLION invested

in holdings flagged for deforestation risk

Take action

Commodity producers

1 holdings

0.06% of assets

$629,694 invested

Banks and lenders

4 holdings

3.74% of assets

$42.41 MILLION invested

Major consumer brands

24 holdings

13% of assets

$141.99 MILLION invested

Commodity producers

1 HOLDINGS

Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.

1 HOLDINGS

% of portfolio
$ invested
1. International Paper Co
0.06%0.06% of portfolio
$629,694$629,694 invested

Banks and lenders

4 HOLDINGS

Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

4 HOLDINGS

% of portfolio
$ invested
1. JPMorgan Chase & Co
1.99%1.99% of portfolio
$22.58M$22.58M invested
2. Bank of America Corp
0.9%0.9% of portfolio
$10.25M$10.25M invested
3. Morgan Stanley
0.46%0.46% of portfolio
$5.2M$5.2M invested
4. Citigroup Inc
0.39%0.39% of portfolio
$4.38M$4.38M invested

Major consumer brands

24 HOLDINGS

Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

24 HOLDINGS

% of portfolio
$ invested
1. Amazon.com Inc
4.44%4.44% of portfolio
$50.3M$50.3M invested
2. Costco Wholesale Corp
1.21%1.21% of portfolio
$13.75M$13.75M invested
3. Procter & Gamble Co
1.18%1.18% of portfolio
$13.35M$13.35M invested
4. The Home Depot Inc
1.15%1.15% of portfolio
$13.05M$13.05M invested
5. PepsiCo Inc
0.62%0.62% of portfolio
$7.03M$7.03M invested

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DATA AS OF 31 Dec 2024

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Domini Impact Equity Fund DIEQX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on DIEQX at Morningstar.com

Current fund

DIEQX

Domini Impact Equity Fund

Family

Domini

Category

Large Growth

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: S&P 500

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-2.82% less in annualized returns

Less invested in commodity producers

0.13% less invested

More invested in banks and lenders

1.15% more invested

More invested in major consumer brands

0.72% more invested

Current fund

DIEQX

Domini Impact Equity Fund

Family

Domini

Category

Large Growth

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: S&P 500

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-2.82% less in annualized returns

Less invested in commodity producers

0.13% less invested

More invested in banks and lenders

1.15% more invested

More invested in major consumer brands

0.72% more invested

Current fund

DIEQX

Domini Impact Equity Fund

Family

Domini

Category

Large Growth

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: S&P 500

Fund comparison results

Compared to the benchmark, this fund has:

Lower 10-yr returns

-2.82% less in annualized returns

Less invested in commodity producers

0.13% less invested

More invested in banks and lenders

1.15% more invested

More invested in major consumer brands

0.72% more invested

Month-end trailing returns

Performance as of date: 3/31/25

Morningstar suggested benchmark: S&P 500 TR USD

Annualized returns

Deforestation analysis

1-yr

3-yr

5-yr

10-yr

This fund
DIEQX - Domini Impact Equity Fund

5.18%

5.97%

16%

9.64%

0.06%

Benchmark

8.22%

9.03%

19%

12%

0.19%

Fund compared to benchmark

-3.04%

-3.06%

-2.89%

-2.82%

0.13% lower

Find more financial data on DIEQX at Morningstar.com

Take Action

Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.

SUPPORT THE PETITION

Find top-graded funds that avoid deforestation-risk investments.

FIND TOP-SCORING FUNDS

Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.

CHECK FOR FOSSIL FUELS

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