Fund Evaluator:
Trillium ESG Global Equity Investor (PORTX)
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Best Performing in Global Large-Stock Blend Over the Last Year
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Fund Details
Trillium ESG Global Equity Investor Overview
Trillium ESG Global Equity Investor (PORTX) is an actively managed International Equity Global Large-Stock Blend fund. Trillium Mutual Funds launched the fund in 1999.
The investment seeks long-term capital appreciation. Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of small and mid‑sized companies that meet Trillium’s Environmental, Social, and Governance (“ESG”) criteria.
About Trillium ESG Global Equity Investor (PORTX)
There are 4 members of the management team with an average tenure of 3.66 years: Laura McGonagle (2021), Jeremy Cote (2025), Scott Kennedy (2026), Matthew Patsky (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Trillium ESG Global Equity Investor has 108 securities in its portfolio. The top 10 holdings constitute 33.0% 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.
Trillium ESG Global Equity Investor is part of the Equity global asset class and is within the International Equity fund group. Trillium ESG Global Equity Investor has 37.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 61.6%. There is 37.9% 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). Trillium ESG Global Equity Investor has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $229 million in total assets, which is below the $1 billion average for the Global Large-Stock Blend 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.
PORTX 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 Trillium ESG Global Equity Investor expense ratio is high compared to funds in the Global Large-Stock Blend category. Trillium ESG Global Equity Investor has an expense ratio of 1.24%, which is 19% higher than its category average, making the fund expense ratio grade a D. 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. Trillium ESG Global Equity Investor 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 43% for the Global Large-Stock Blend category.
Recently, in the month of June 2026, Trillium ESG Global Equity Investor returned 0.6%, which earned it a grade of A, as the Global Large-Stock Blend category had an average return of -0.3%. 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.
Trillium ESG Global Equity Investor has a trailing yield of 0.35%, which is below the 0.96% category average. The fund normally distributes its income annually 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.
Trillium ESG Global Equity Investor Grades
Year to date, the fund has returned 8.0%, 1.0 percentage points worse than the category, which translates into a grade of D. The fund has returned 15.2% over the past year (grade of D), 12.3% over the past three years (grade of F) and 6.2% per year over the past five years (grade of F) and 11.5% per year over the past 10 years (grade of C).
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PORTX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PORTX Return (NAV) | 0.6% | 13.9% | 15.2% | 12.3% | 6.2% | 11.5% |
| PORTX Grade | A | B | D | F | F | C |
| +/- Category | 0.9% | 2.4% | -3.2% | -3.9% | -2.7% | 0.5% |
| Global Large-Stock Blend Avg | -0.3% | 11.5% | 18.4% | 16.1% | 8.9% | 11.0% |
| PORTX Tax Cost Ratio | na | na | 3.3% | 2.5% | 2.0% | 1.4% |
PORTX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PORTX Return (NAV) | 8.0% | 17.3% | 7.6% | 18.9% | -22.9% | 22.2% | 24.6% | 28.2% | -7.2% | 27.9% | 3.7% |
| PORTX Grade | D | D | F | C | F | A | A | B | B | A | F |
| +/- Category | -1.0% | -2.5% | -5.6% | 0.1% | -6.6% | 4.8% | 10.0% | 2.3% | 3.1% | 5.0% | -2.9% |
| Global Large-Stock Blend Avg | 9.0% | 19.8% | 13.2% | 18.8% | -16.3% | 17.4% | 14.6% | 25.9% | -10.3% | 22.9% | 6.7% |
| Risk Measures | |
| Standard Deviation: | 13.2% |
| Total Risk Index: | 1.08 - Above Average |
| Category Risk Index: | 1.07 - High |
| Category Risk Grade: | F (90% Rank) |
| Beta: | 1.01 |
| R-Squared: | 94% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $752 Mil |
| Fund Total Assets: | $ 229 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | 22% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 7.9 years | |||
| Average Tenure: 3.7 years | |||
| Managers (Year): Patsky Matthew (2018), McGonagle Laura (2021), Cote Jeremy (2025), Kennedy Scott (2026) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 108 |
| % in Top 10 Holdings: | 33.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 37.9% |
Portfolio Allocation |
|
| Domestic Stock: | 61.6% |
| Foreign Stock: | 37.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.6% |
Purchase Information
| Fund Family: | Trillium Mutual Funds |
| Phone Number: | 866-209-1962 |
| Website: |
| Status: | Open |
| Inception Date: | September 30, 1999 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.24% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.04% |
| Share Class: | Trillium ESG Global Equity Investor |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
