List of Clean Energy and Alternative Energy Mutual Funds

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Alternative energy and clean energy mutual funds are open-ended funds that invest primarily (at least 50% of the portfolio) in the securities of clean energy and alternative energy companies.  Closed-end funds are included in the list of alternative energy and clean energy ETFs.

The Mutual Fund Store
By Dwight Burdette [CC BY 3.0], from Wikimedia Commons
Allianz RCM Global EcoTrendsSM Fund (ADGLECO.TT)
Calvert Global Alternative Energy Fund – Class A (CGAEX)Class C (CGACX)
Calvert Green Bond Fund (CGAFX)
Eventide Multi-Asset Income (ETNMX)
Fidelity Select Environment and Alternative Energy Portfolio (FSLEX)
Firsthand Alternative Energy (ALTEX)
Gabelli SRI Green Fund class AAA (SRIGX); class C (SRICX)
Guinness Atkinson Alternative Energy Fund (GAAEX)
New Alternatives FD Inc (NALFX)
Shelton Green Alpha Fund (NEXTX)
Winslow Green Solutions (WGSLX)

If you know of any mutual fund that is not listed here and should be, please let us know by leaving a comment. Also for stocks in the list that you think should be removed.


  1. I am looking in a fund that will invest in only FUSION ENERGY. It only going to be 10 to 30 years before it’s profected. If you think Tech is big just wait. Solar and wind will be gone, Coal will stay in the ground.

    • This list focuses on funds that have the majority of their holdings in Clean/Alternative energy focused stocks. Green Century funds include stocks from all sectors, with a focus on environmental leaders in each. For example, here are the top five holdings of the Green Century Balanced fund:

      Alphabet, Inc., Class A 2.99%
      MasterCard, Inc., Class A 2.11%
      Microsoft Corporation 1.95%
      Cigna Corporation 1.81%
      Apple, Inc. 1.60%

      So the fund may be green, but it has little to do with energy, be that energy green, alternative, clean, or otherwise.


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