Fund Evaluator:
Domini Impact Equity Institutional (DIEQX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Domini Impact Equity Institutional Overview
Domini Impact Equity Institutional (DIEQX) is an actively managed U.S. Equity Large Growth fund. Domini launched the fund in 2008.
The investment seeks to provide its shareholders with long-term total return. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of borrowings, if any, for investment purposes) will be invested in equity securities and related investments with similar economic characteristics including derivative instruments such as futures and options. It may, but is not required to, invest in companies that, in addition to being evaluated by the adviser on environmental and social factors, also demonstrate a commitment to sustainability solutions.
About Domini Impact Equity Institutional (DIEQX)
There are 5 members of the management team with an average tenure of 5.07 years: Michael Finocchi (2024), Kathleen Morgan (2018), Maria Llerena (2025), Amy Thornton (2018), Carole Laible (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Domini Impact Equity Institutional has 176 securities in its portfolio. The top 10 holdings constitute 38.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.
Domini Impact Equity Institutional is part of the Equity global asset class and is within the U.S. Equity fund group. Domini Impact Equity Institutional has 2.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.6%. There is 2.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Domini Impact Equity Institutional has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $156 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DIEQX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Domini Impact Equity Institutional expense ratio is above average compared to funds in the Large Growth category. Domini Impact Equity Institutional has an expense ratio of 0.74%, which is 23% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Domini Impact Equity Institutional has a portfolio turnover rate of 21%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, Domini Impact Equity Institutional returned -0.1%, which earned it a grade of A, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Domini Impact Equity Institutional has a trailing yield of 0.50%, which is above the 0.06% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Domini Impact Equity Institutional Grades
Year to date, the fund has returned 9.3%, 5.6 percentage points better than the category, which translates into a grade of A. The fund has returned 17.3% over the past year (grade of A), 16.3% over the past three years (grade of D) and 8.9% per year over the past five years (grade of C) and 13.0% per year over the past 10 years (grade of F).
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DIEQX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DIEQX Return (NAV) | -0.1% | 4.5% | 17.3% | 16.3% | 8.9% | 13.0% |
| DIEQX Grade | A | A | A | D | C | F |
| +/- Category | 3.0% | 2.8% | 8.2% | -1.8% | 0.2% | -2.4% |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| DIEQX Tax Cost Ratio | na | na | 2.7% | 1.5% | 1.4% | 1.7% |
DIEQX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DIEQX Return (NAV) | 9.3% | 12.0% | 22.2% | 28.8% | -25.5% | 21.7% | 31.1% | 32.1% | -8.7% | 15.8% | 11.7% |
| DIEQX Grade | A | D | F | F | A | C | D | D | F | F | A |
| +/- Category | 5.6% | -3.7% | -7.4% | -10.1% | 6.6% | 1.4% | -11.2% | -1.1% | -8.0% | -14.0% | 8.9% |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 14.0% |
| Total Risk Index: | 1.14 - Above Average |
| Category Risk Index: | 0.79 - Low |
| Category Risk Grade: | A (8% Rank) |
| Beta: | 1.06 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.5% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1193 Mil |
| Fund Total Assets: | $ 156 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 21% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 7.7 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Morgan Kathleen (2018), Thornton Amy (2018), Laible Carole (2018), Finocchi Michael (2024), Llerena Maria (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 176 |
| % in Top 10 Holdings: | 38.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.3% |
Portfolio Allocation |
|
| Domestic Stock: | 97.6% |
| Foreign Stock: | 2.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Fund Family: | Domini |
| Phone Number: | 800-582-6757 |
| Website: | www.domini.com |
| Status: | Open |
| Inception Date: | November 28, 2008 |
| Min. Initial Purchase: | $500,000 |
| Min. Initial IRA Purchase: | $500,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.74% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Domini Impact Equity Investor |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
