Boston Common ESG Impact U.S. Equity Fund

Active Investing, Active Ownership

Our Funds

Boston Common ESG Impact Funds invest in U.S., International, and Emerging markets with a focus on sustainability and responsible corporate behavior. Using an ESG-integrated approach, we identify responsible investment opportunities exhibiting long-term drivers of success. As active engaged shareowners, we use our voice as stewards of capital to raise sustainability issues with portfolio companies and encourage transparency and accountability.

Boston Common ESG Impact Emerging Markets Fund

Boston Common ESG Impact International Fund

Boston Common ESG Impact U.S. Equity Fund

About

The Boston Common ESG Impact U.S. Equity Fund strategy seeks long term capital appreciation by investing in a diversified portfolio of US stocks that appear undervalued relative to their long-term fundamental outlook. The Fund’s advisor looks for high quality franchises with sound governance and sustainable business models that are selling into growing end markets.

The Fund integrates environmental, social, and governance (ESG) criteria into all phases of the investment process, from identifying the investable universe to stock selection and portfolio construction. The Fund’s advisor seeks best-in-class firms with competitive investment returns that contribute to and benefit from more sustainable growth. Boston Common believes an ESG-Integrated investment approach to research and analysis augments traditional equity research and helps them identify companies with the potential to be successful over the long-term. The advisor seek companies that can capitalize on new market opportunities, implement efficiency improvements, and avoid costs that result from inadequate attention to ESG risks. As a result, Boston Common believes ESG research helps improve portfolio quality and financial return potential.

ESG-Integrated Investing Since 2003

Boston Common uses its voice as active shareowners to activate client capital and challenge companies across industries and address systemic, forward-looking issues. The firm’s shareowner engagement approach is designed to mitigate risk and create opportunities for portfolio companies to develop better policies, processes, practices, and products. The approach is multi-faceted and uses a variety of channels including dialogue with management, shareholder resolutions, metrics and KPI development, and company-specific assessment.

Literature

Fund Distributions
 YearTickerShort-term
Gains
Long-term
Gains
Income
2023*BCAMXNone$0.61$0.30
2022BCAMX$0.12$3.01None
2021BCAMX$0.07$2.62$0.06
2020BCAMXNone$0.01$0.15
2019BCAMXNone$0.85$0.20
2018BCAMX$0.01$1.73$0.29

*2023 is currently an estimated value. The record date for Fund Distributions is December 13, 2023, and the payable date is December 14, 2023.

Average Annualized Performance as of 9/30/2023
3 MonthsYTD1 Year5 YearsSince Inception
4/30/2012
Boston Common ESG Impact U.S. Equity Fund-4.14%7.55%17.90%7.76%10.00%
S&P 500 Index-3.27%13.07%21..62%9.92%12.47%

Total Gross Annual Fund Operating Expense: 1.14%

Total Net Annual Fund Operating Expense: 1.00% (after fee waiver) The Net expense is applicable to investors. The Advisor has contractually agreed to waive fees through January 31, 2024.

The S&P 500 is a capitalization weighted index of 500 large capitalization stocks which is designed to measure a broad domestic securities market. It is not possible to invest directly in an index.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Fund performance current to the most recent month-end may be lower or higher than the performance quoted and can be obtained by calling (877) 777-6944. The Fund imposes a 2.00% redemption fee on shares redeemed within 30 days of purchase. Performance data does not reflect the redemption fee, and if reflected, total returns would be reduced.

Top 10 Holdings as of 9/30/2023
Name% of Assets
Microsoft Corp.8.1
Apple, Inc.7.5
Alphabet, Inc. - Class C5.4
Visa, Inc. - Class A4.2
Merck & Company, Inc.3.9
Broadcom, Inc.3.0
TJX Companies, Inc.2.9
Intuit, Inc.2.8
Adobe, Inc.2.7
Costco Wholesale Corp.2.7

The Funds disclose their top 10 holdings within 10 business days after the close of the calendar quarter. The Funds also disclose their full holdings within 30 days after the end of the calendar quarter.

Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

For a full list of holdings click here.

Sectors as of 9/30/2023
Sectors% of Assets
Information Technology31.5
Health Care14.6
Consumer Discretionary10.1
Industrials9.4
Communication Services8.8
Financials8.5
Consumer Staples7.5
Real Estate3.5
Utilities3.1
Materials3.0

Our Target Avenues for Promoting Social Change

Sample Shareowner Engagement Issue Areas*

Aligning investments & engagement with robust global governance expectations and a systematic stewardship approach

Climate Change & Earth Renewal

⚘ Net-zero & Paris-aligned transition ⚘ Biodiversity protection ⚘ Eco-efficiency

Inclusion & Empowerment

⚘ Gender & racial equity ⚘ Inclusive finance ⚘ Digital inclusion & human rights

Health & Community Well-being

⚘ Global health equity ⚘ Just Transition ⚘ Circular Economy: Design for people & planet

Topical issues

⚘ Corporate political action & lobbying ⚘ Repressive regimes/ conflict - affected areas ⚘ Global shareholder rights & ESG regulation

*All sample issue areas may not be applicable at all times.

Diversification does not assure a profit, nor does it protect against a loss in a declining market.

Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. The Funds’ sustainability policy could cause them to perform differently compared to similar funds that do not have such a policy. This policy may result in the Funds foregoing opportunities to buy certain securities when it might otherwise be advantageous to do so, or selling securities for reasons when it might be otherwise disadvantageous for it to do so.

Before you invest in the Boston Common ESG Impact Funds, please refer to the statutory prospectus or summary prospectuses for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-877-777-6944. The prospectus should be read and considered carefully before you invest or send money.

The Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Funds in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

References to other mutual funds should not be considered an offer to buy or sell these securities. Boston Common Asset Management, LLC is the advisor to the Funds, which are distributed by Quasar Distributors, LLC.

Discover how our ESG-integrated investing process can work for you.