GCBLX
Green Century Balanced Fund
GREEN CENTURY FUNDS
Expense ratio1
1.25%
Net assets2
$377.22M
Holdings2
446
Category
US Equity
2025 return3
8.59%

Investment objective & strategy

As of Dec. 1, 2025 · prospectus

Objective. The Green Century Balanced Fund seeks to provide capital growth and income from a diversified portfolio of stocks and bonds selected based on environmental criteria.

Strategy. The Fund invests primarily in the stocks and bonds of U.S. companies. There is no predetermined percentage of assets allocated to either stocks or bonds, although the Fund will generally invest at least 25% of its net assets in bonds and may not invest more than 75% of its net assets in stocks. The Fund seeks to avoid investing in securities of issuers in industries that, the Funds investment adviser, Green Century believes are environmentally harmful, including companies or industries that primarily, in the view of, the Funds Subadviser, Northern Trust Investments, Inc. (Northern Trust or NTI): Explore for, extract, produce, manufacture or refine coal, oil or gas; produce or transmit electricity derived from fossil fuels; or own fossil fuel … The Fund invests primarily in the stocks and bonds of U.S. companies. There is no predetermined percentage of assets allocated to either stocks or bonds, although the Fund will generally invest at least 25% of its net assets in bonds and may not invest more than 75% of its net assets in stocks. The Fund seeks to avoid investing in securities of issuers in industries that, the Funds investment adviser, Green Century believes are environmentally harmful, including companies or industries that primarily, in the view of, the Funds Subadviser, Northern Trust Investments, Inc. (Northern Trust or NTI): Explore for, extract, produce, manufacture or refine coal, oil or gas; produce or transmit electricity derived from fossil fuels; or own fossil fuel reserves; Are engaged in the significant production of nuclear energy or distribution of energy derived from nuclear power production, or nuclear weapons or the manufacture of nuclear weapon related components or systems. Are engaged in the manufacture of tobacco products; Are involved in commercial animal farming for the purposes of food production (Factory Farms); Are engaged in the production of genetically modified organisms (GMOs); Are classified as metals and mining companies; Are engaged in the manufacture or supply of biocides or specialty chemicals; Have operations or products and services that are considered misaligned with certain sustainable development goals identified by Green Century which may include the United Nations Sustainable Development Goals such as clean energy, life below water, life on land and climate action; or Are engaged in the production of firearms or military weapons. The Funds equity securities investments may include common stocks, preferred stocks and securities convertible into common or preferred stocks. The Fund may invest in growth and value stocks of any market capitalization. The Fund invests primarily in equity securities of companies that, at the time of purchase, are in included in the S&P 1500 Index. With respect to its debt securities investments, the Fund invests primarily in securities that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. The Fund may invest up to 35% of its net assets in debt instruments that, at the time of purchase, are rated below investment grade or are unrated but determined to be of comparable quality (commonly referred to as high-yield investments or junk bonds). Debt securities in which the Fund may invest include corporate bonds, securities issued by the U.S. Government and its agencies and instrumentalities, mortgage- and other asset-backed securities, securities issued by supra-national or foreign domiciled entities, municipal securities, and mortgage-related securities The Fund invests primarily in securities of U.S. issuers. The Fund may invest up to 30% of its assets in equity and debt securities of non-U.S. issuers. In selecting equity securities to buy and sell, NTI first excludes securities of companies included in the S&P 1500 Index that, based on NTIs evaluation of data provided by one or more third-party research vendors, are deemed environmentally harmful. Third-party information providers currently include Bloomberg, L.P., Morningstar, Sustainalytics, ISS ESG, MSCI Inc., ICE, Nasdaq and FactSet. NTI may add or remove third-party providers at its discretion. After defining the investable universe of equity securities, NTI evaluates the quality of the remaining securities and removes those securities that do not meet NTIs proprietary methodology. Northern Trusts methodology seeks to rate and rank securities based on three categories of financial signals (profitability, management efficiency, and cash generation). In selecting debt securities to buy and sell, Northern Trust first excludes securities of companies included in the Bloomberg US Intermediate Credit (1-10 Year) Index that, based on NTIs evaluation of data provided by one or more third-party research vendors, are deemed environmentally harmful as described above. After defining the investable universe of debt securities, NTI aims to gain exposure to undervalued corporate bonds from high-quality issuers as defined by NTIs proprietary quantitative methodology. Additionally, NTIs methodology seeks to invest in green bonds, which are defined as loans used to finance projects and activities that benefit the environment. Opportunities to invest in green bonds will be considered based on a variety of factors including but not limited to alignment with the portfolio screening criteria, credit rating, liquidity, and other factors. NTI also performs a risk management analysis in which NTI seeks to measure and manage risk exposures at the security, sector and portfolio levels through portfolio diversification. NTI makes final purchase decisions based on the quantitative models described above, the desired level of diversification, and the desired allocation among equity and debt securities. The Fund will normally seek to sell a security if it is determined to be environmentally harmful as described above or if Northern Trust believes the security is no longer attractive based upon the evaluation criteria described above. The Fund may, but is not required to, use derivatives, such as interest rate, equity index and bond futures. The Fund may use derivatives for a variety of purposes, including: in an attempt to hedge against adverse changes in the market price of securities, interest rates or currency exchange rates; as a substitute for purchasing or selling securities; to attempt to increase the Funds return as a non-hedging strategy that may be considered speculative; to manage portfolio characteristics; and as a cash flow management technique. The Fund may choose not to make use of derivatives for a variety of reasons, and any use may be limited by applicable law and regulations. The Fund may also hold cash or other short-term investments.

Top holdings

As of April 30, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $21.99M 5.83%
ALPHABET INC CL A $19.49M 5.17%
APPLE INC $16.33M 4.33%
MICROSOFT CORP $14.72M 3.90%
MASTERCARD INC CL A $7.46M 1.98%
BROADCOM INC $6.99M 1.85%
COSTCO WHOLESALE CORP $6.50M 1.72%
UMB MONEY MARKET FIDUCIARY / UMBXX $6.09M 1.61%
TJX COS INC $5.53M 1.47%
BANK OF AMERICA CORPORATION $5.35M 1.42%
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Allocation by sector

As of April 30, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Jan 31, 2026 → Apr 30, 2026
Opened
177
Exited
65
Increased
56
Decreased
55
Unchanged
158

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
American Century Large Cap Equity ETF · ACLC 41% 0.39%
Large Cap Equity Fund · AFDIX, AFEIX, AFDAX, AFDCX, AFDRX, AFDGX, AFYDX, AFEGX, AFEDX 40% 0.00%
Calvert U.S. Large Cap Core Responsible Index Fund · CSXAX, CSXCX, CISIX, CSXRX 40% 0.19%
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Advisers

As of July 31, 2025 · N-CEN
FirmRole
GREEN CENTURY CAPITAL MANAGEMENT, INC. Adviser
TRILLIUM ASSET MANAGEMENT, LLC Sub-adviser

Footnotes

  1. Expense ratio as of December 1, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of April 30, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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