Growth and Income

Invests in larger cap stocks that are well-diversified across economic sectors, have higher dividend yields, and meet Trillium’s sustainability criteria.

Invests in larger cap stocks that are well-diversified across economic sectors, have higher dividend yields, and meet Trillium’s sustainability criteria.

Investment Process

Fundamental equity analysts, who divide coverage by sector, are responsible for providing in-depth analysis of companies and generating new buy ideas consistent with the strategy’s high quality approach, including a rigorous integrated review of financial and ESG factors. The Investment Management Committee, comprised of portfolio managers and analysts, meets periodically to review and approve recommendations to the buy-list recommended by the analysts. A strategy team, headed by the lead Portfolio Manager, rebalances the portfolio on at least a quarterly basis to identify the best subset of names from the buy-list at that particular point of time. The team leverages an optimization process that helps monitor and control portfolio characteristic exposures while overweighting companies based on a proprietary alpha score that includes an analyst rating. In this sense, the strategy is fundamentally driven, but quantitatively assisted.

Contact Information

Tom Simunovic
Tom Simunovic
ESG Investment Strategy Specialist and Relationship Manager
tsimunovic@trilliuminvest.com617-532-6673

Portfolio Managers

Cheryl Smith, CFA, PhD
Cheryl Smith, CFA, PhD
Lead Portfolio Manager
Bio >
Elizabeth Levy, CFA
Elizabeth Levy, CFA
Portfolio Manager
Bio >
Mitali Prasad, CFA
Mitali Prasad, CFA
Portfolio Manager
Bio >
Benchmark
S&P 500
Inception Date
2012
Strategy Assets*
$62m
Holdings
65-80
% Top 10 Holdings
34.8%
Initial Position Size
0-5%
Tracking Error Range (3 years)
3-4%
Sector Deviation +/-
<5%
Annual Turnover
20-40%
* Strategy Assets are supplemental
Equity Characteristics
as of 6/30/20
Growth
And Income
S&P 500
Market Capitalization
(weighted avg. billions)
$333.48
$388.00
Dividend Yield
2.13%
1.92%
P/E (FY1 EST)
22.0x
21.9x
Price/Book
3.4x
3.3x
Est. 3-5 Yr. EPS Growth
8.91%
9.25%
Operating Margin
22.60%
21.92%
LT Debt/Capital
44.50%
43.44%
Sector Allocation vs. Benchmark
as of 6/30/20
Growth
And Income
S&P 500
Information Technology
27.9%
27.5%
Health Care
15.7%
14.6%
Financial Services
9.7%
10.1%
Consumer Discretionary
9.5%
10.8%
Industrial Goods
9.2%
8.0%
Consumer Staples
8.4%
7.0%
Communication Services
8.1%
10.8%
Real Estate
5.1%
2.8%
Utilities
3.0%
3.1%
Materials
2.5%
2.5%
Energy
0.9%
2.8%
Sector Allocation, Equity Characteristics and Top Holdings based on a representative account as of 06/30/2020 and exclude cash.
As of 6/30/20
QTR
YTD
1 Year
3 Year
5 Year
GIPS Inception
(7/1/2012)
Gross of Fees
17.4%
-6.6%
3.5%
9.8%
8.2%
11.7%
Net of Fees
17.2%
-7.0%
2.8%
9.0%
7.4%
10.8%
Benchmark - S&P 500
20.5%
-3.1%
7.5%
10.7%
10.7%
13.2%
Annualized returns for Growth and Income composite through 06/30/2020. GIPS composite inception is 7/1/2012 for the Growth and Income Composite. Please see important performance disclosures at the bottom of this page. Composite assets are $12.7 million as of 06/30/2020.