# Guinness Atkinson Alternative Energy Fund (GAAEX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gaaex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2006-03-31 This fund primarily dedicates at least 80% of its total assets (including any capital obtained through borrowing for investment purposes) to publicly traded stocks of companies operating in the alternative energy industry. These investments cover both domestic U.S. firms and international entities. While the investment advisor retains the flexibility to invest across companies of all market capitalizations, it generally targets businesses with a minimum market valuation of $500 million under typical market conditions. The portfolio may also include companies with economic connections to the... ## Key Facts | Metric | Value | |---|---| | Price | $6.42 | | Expense Ratio | 1.11% | | Assets Under Management | $18.9M | | NAV | $6.42 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 0.32% | | Annual Distribution (TTM) | $0.02 /share | | Distribution Frequency | Annual | | 52-Week Range | $6.01 – $7.62 | | Beta | 1.51 | ## Latest Distribution - Amount: $0.0207 /share - Ex-date: 2025-12-12 - Pay date: 2025-12-12 ## Frequently Asked Questions ### What does GAAEX invest in? This fund primarily dedicates at least 80% of its total assets (including any capital obtained through borrowing for investment purposes) to publicly traded stocks of companies operating in the alternative energy industry. These investments cover both domestic U.S. firms and international entities. While the investment advisor retains the flexibility to invest across companies of all market capitalizations, it generally targets businesses with a minimum market valuation of $500 million under typical market conditions. The portfolio may also include companies with economic connections to the U.S. and various foreign countries, potentially extending to those based in or trading within emerging markets. ### What is the expense ratio of GAAEX? Guinness Atkinson Alternative Energy Fund (GAAEX) charges an expense ratio of 1.11%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is GAAEX? Guinness Atkinson Alternative Energy Fund (GAAEX) manages $18.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is GAAEX actively managed or an index fund? GAAEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GAAEX's is 1.11%) in exchange for the discretion to over- or under-weight positions. ### When was GAAEX launched? Guinness Atkinson Alternative Energy Fund (GAAEX) launched in March 2006 and is managed by the fund issuer. ### How has GAAEX performed? GAAEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does GAAEX pay a dividend? Guinness Atkinson Alternative Energy Fund (GAAEX) currently distributes little or no income. Trailing-twelve-month yield is 0.32%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GAAEX pay dividends? Guinness Atkinson Alternative Energy Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GAAEX's dividend yield? GAAEX's trailing-twelve-month yield is 0.32%, calculated from the sum of dividends over the past year divided by the current price. ### When is GAAEX's next ex-dividend date? The most recently announced ex-dividend date for GAAEX was 2025-12-12. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will GAAEX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.11% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GAAEX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GAAEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GAAEX cost more than a fund like VOO? GAAEX is actively managed (current expense ratio 1.11%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GAAEX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GAAEX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GAAEX (1.11%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gaaex - Distribution history: https://www.dividenddata.com/funds/gaaex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gaaex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gaaex/expenses - Peer comparison: https://www.dividenddata.com/funds/gaaex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.