# Sphere 500 Climate Fund (SPFFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spffx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 2021-10-04 The Sphere 500 Climate Fund is benchmarked against an index crafted to capture the returns of major U.S.-listed companies, while consciously excluding those identified with climate-related risks. To adhere to this strategy, the fund commits a minimum of 80% of its total assets to companies that are not involved in any of the following: generating revenue from the sale of fossil fuels, owning fossil fuel reserves or related assets, using fossil fuels for power generation, or producing equipment specifically for the fossil fuel industry. ## Key Facts | Metric | Value | |---|---| | Price | $34.26 | | Expense Ratio | 0.07% | | Assets Under Management | $44.9M | | NAV | $34.26 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 6.01% | | Annual Distribution (TTM) | $2.06 /share | | Distribution Frequency | Annual | | 52-Week Range | $27.47 – $35.01 | | Beta | 1.00 | ## Latest Distribution - Amount: $2.0595 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-19 ## Frequently Asked Questions ### What does SPFFX invest in? The Sphere 500 Climate Fund is benchmarked against an index crafted to capture the returns of major U.S.-listed companies, while consciously excluding those identified with climate-related risks. To adhere to this strategy, the fund commits a minimum of 80% of its total assets to companies that are not involved in any of the following: generating revenue from the sale of fossil fuels, owning fossil fuel reserves or related assets, using fossil fuels for power generation, or producing equipment specifically for the fossil fuel industry. ### What is the expense ratio of SPFFX? Sphere 500 Climate Fund (SPFFX) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SPFFX? Sphere 500 Climate Fund (SPFFX) manages $44.9M 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 SPFFX actively managed or an index fund? SPFFX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPFFX's is 0.07%) because there's no security selection cost. ### When was SPFFX launched? Sphere 500 Climate Fund (SPFFX) launched in October 2021 and is managed by the fund issuer. ### How has SPFFX performed? SPFFX'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 SPFFX pay a dividend? Sphere 500 Climate Fund (SPFFX) currently distributes little or no income. Trailing-twelve-month yield is 6.01%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SPFFX pay dividends? Sphere 500 Climate 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 SPFFX's dividend yield? SPFFX's trailing-twelve-month yield is 6.01%, calculated from the sum of dividends over the past year divided by the current price. ### When is SPFFX's next ex-dividend date? The most recently announced ex-dividend date for SPFFX was 2025-12-19. 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 SPFFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.07% 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 SPFFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPFFX'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 SPFFX cost more than a fund like VOO? SPFFX is a passive index fund (current expense ratio 0.07%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SPFFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SPFFX (0.07%) 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/spffx - Distribution history: https://www.dividenddata.com/funds/spffx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spffx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spffx/expenses - Peer comparison: https://www.dividenddata.com/funds/spffx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.