Trillium ESG Small/
Mid Cap FUnd

The Trillium ESG Small/Mid Cap Fund invests in small and mid cap stocks that are well-diversified across economic sectors and meet Trillium’s sustainability criteria.

The Trillium ESG Small/Mid Cap Fund integrates Trillium’s environmental, social and governance (ESG) criteria and financial analysis process to identify small and mid-sized companies positioned to deliver long-term risk adjusted performance.

Investment Process

Trillium seeks to identify individual companies that satisfy Trillium’s proprietary fundamental and ESG criteria analysis and screening process.  In conducting fundamental research, Trillium combines fundamental investment considerations with proprietary ESG criteria analysis and screening. Trillium believes that this integrated approach provides insight into how a company behaves commercially and how it deals with existing and emerging ESG risks and opportunities.

Contact Information

Individual Investors: 866-209-1962

Financial Advisors:

Tom Simunovic
Tom Simunovic
Regional Sales Consultant (Eastern U.S.)
tsimunovic@trilliuminvest.com617-532-6673

Portfolio Managers

Laura McGonagle, CFA
Lead Portfolio Manager
Bio >
Mitali Prasad, CFA
Portfolio Manager
Bio >
Overview
Index
Russell 2500®1
Number of Holdings
68
Institutional
Symbol
TSMDX
Inception Date
08/31/2015
Minimum Investment
$100,000
Morningstar Sustainability Rating
Sustainability Rating:
Shareholder Services:

Perpetual Americas Funds Trust
Trillium Funds
c/o The Northern Trust Company
P.O. Box 4766
Chicago, Illinois 60680-4766

(866) 260-9549

Advisors:

Trillium Asset Management
Two Financial Center
60 South Street
Suite 1100
Boston, MA 02111

(800) 548-5684

Portfolio Characteristics
as of 3/31/24
Fund Assets
$42.97 million
Number of Holdings
68
Initial Position Sizes
0-5%
Tracking Error (3 years)
4.2%
Asset Allocation
     Equities
99.2%
     Cash
0.9%
Weighed Average Market Cap ($ bil)
     Portfolio
$11.2
    S&P 1000
$8.3
Harmonic Avg fwd P/E (x)
    Portfolio
20.8
    S&P 1000
20.3
Weighted Harmonic Avg P/B (x)
    Portfolio
3.1
    S&P 1000
2.3
Sector Weightings
as of 3/31/24
Portfolio
Russell 2500®
Industrials
23.3%
20.2%
Financials
16.0%
15.5%
Consumer Discretionary
13.3%
13.8%
Information Technology
11.8%
14.6%
Health Care
10.1%
11.8%
Consumer Staples
7.9%
3.2%
Real Estate
7.1%
6.6%
Materials
6.5%
5.6%
Utilities
1.7%
2.7%
Communication Services
1.6%
1.6%
Energy
0.0%
4.4%
Return %; as of 3/31/24
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
6.09%
-6.86%
-2.26%
2.71%
6.82%
5.64%
S&P 1000
4.30%
-10.59%
-3.97%
1.94%
7.85%
7.01%
Russell 2500
5.88%
-5.82%
2.22%
4.45%
8.97%
7.84%
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
5.97%
5.97%
10.43%
1.71%
8.37%
7.98%
S&P 1000
7.62%
7.62%
21.06%
5.53%
10.94%
10.78%
Russell 25001
6.92%
6.92%
21.43%
2.97%
9.90%
9.99%
Expense Ratios
Gross
1.05%*
Net
0.97%*
Return %; as of 6/30/23
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
6.09%
-6.86%
-2.26%
2.71%
6.82%
5.64%
S&P 1000
4.30%
-10.59%
-3.97%
1.94%
7.85%
7.01%
Russell 2500
5.88%
-5.82%
2.22%
4.45%
8.97%
7.84%
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
3.07%
8.16%
13.37%
13.15%
6.13%
7.82%
S&P 1000
4.41%
7.99%
15.20%
15.35%
7.00%
9.78%
Russell 25001
5.22%
8.79%
13.58%
12.29%
6.55%
8.99%
Gross Expense Ratio
Fund
1.36%*
Month End HoldingsQuarter-End Performance (3/31/24)Factsheet (3/31/24)Quarterly CommentarySchedule of Investments (9/30/23)Schedule of Investments (3/31/23)
Fund DocumentsPDF Icon
PDF Icon
PDF Icon
PDF Icon
PDF Icon
PDF Icon
Summary
Prospectus
Statement of
Additional
Information
ProspectusAnnual
Report
Semi-
Annual
Report
Statutory DocumentsPDF Icon
PDF Icon
PDF Icon
PDF Icon
PDF Icon

Year-End Distributions (2023)

2023 Capital Gain Distributions NoticePDF Icon

Invests in small and mid cap stocks that are well-diversified across economic sectors 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 Environmental, Social and Governance (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

Individual Investors: 866-209-1962

Financial Advisors:

Tom Simunovic
Tom Simunovic
Regional Sales Consultant (Eastern U.S.)
tsimunovic@trilliuminvest.com617-532-6673

Portfolio Managers

Laura McGonagle, CFA
Lead Portfolio Manager
Bio >
Elizabeth Levy, CFA
Elizabeth Levy, CFA
Portfolio Manager
Bio >
Mitali Prasad, CFA
Portfolio Manager
Bio >
Overview
Index
S&P 1000
Number of Holdings
69
Institutional
Symbol
TSMDX
Inception Date
08/31/2015
Minimum Investment
$100,000
Morningstar Sustainability Rating
Suatinability Rating:
Shareholder Services:

Trillium Asset Management Family of Funds
c/o U.S. Bancorp Fund Services, LLC
P.O. Box 701
Milwaukee, WI 53201-0701

(866) 209-1962
info@trilliuminvest.com

Advisors:

Trillium Asset Management
Two Financial Center
60 South Street
Suite 1100
Boston, MA 02111

(800) 548-5684

Portfolio Characteristics
as of 6/30/23
Fund Assets
$43.81 million
Number of Holdings
66
Initial Position Sizes
0-5%
Tracking Error Range (3 years)
4-5%
Sector Deviation +/-
<3%
Asset Allocation
     Equities
98.1%
     Cash
2.0%
Weighed Average Market Cap ($ bil)
     Portfolio
$10.7
    S&P 1000
$5.9
Harmonic Avg fwd P/E (x)
    Portfolio
18.9
    S&P 1000
14.5
Weighted Harmonic Avg P/B (x)
    Portfolio
3.1
    S&P 1000
0.1
Sector Weightings
as of 6/30/23
Portfolio
S&P 1000
Industrials
24.0%
21.4%
Consumer Discretionary
13.4%
14.6%
Information Technology
13.4%
11.5%
Financials
12.3%
14.3%
Health Care
10.8%
9.9%
Consumer Staples
8.0%
4.5%
Real Estate
6.1%
7.5%
Materials
5.5%
6.9%
Utilities
2.9%
3.0%
Communication Services
1.6%
2.2%
Energy
0.0%
4.4%
Return %; as of 3/31/23
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
6.09%
-6.86%
-2.26%
2.71%
6.82%
5.64%
S&P 1000
4.30%
-10.59%
-3.97%
1.94%
7.85%
7.01%
Russell 2500
5.88%
-5.82%
2.22%
4.45%
8.97%
7.84%
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
4.94%
4.94%
-6.66%
20.11%
6.36%
7.66%
S&P 1000
3.43%
3.43%
-6.24%
21.98%
7.26%
9.49%
Russell 2500
3.39%
3.39%
-10.39%
19.42%
6.65%
8.57%
Gross Expense Ratio
Fund
1.36%*
Return %; as of 6/30/23
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
6.09%
-6.86%
-2.26%
2.71%
6.82%
5.64%
S&P 1000
4.30%
-10.59%
-3.97%
1.94%
7.85%
7.01%
Russell 2500
5.88%
-5.82%
2.22%
4.45%
8.97%
7.84%
Quarter
YTD
1 Year
3 Year
5 Year
Since Inception
(8/31/15)
Fund
3.07%
8.16%
13.37%
13.15%
6.13%
7.82%
S&P 1000
4.41%
7.99%
15.20%
15.35%
7.00%
9.78%
Russell 2500
5.22%
8.79%
13.58%
12.29%
6.55%
8.99%
Gross Expense Ratio
Fund
1.36%*
INVESTMENT PRODUCTS:  NOT FDIC INSURED   ●   NO BANK GUARANTEE   ●  MAY LOSE VALUE
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.