ESG investing has been growing strongly in recent years as more investors push firms to be good corporate citizens, whether it’s more inclusive, cutting down on pollution, or making boards of directors more accountable to shareholders,” reports Lawrence Strauss for Barron’s. “Options for incorporating ESG with equity income, however, have been somewhat limited for individual investors when it comes to indexes and mutual funds.
That’s one ESG point in PFM’s favor. Another is that the fund is home to several dividend payers that appear on a Morningstar screen of dividend stocks with favorable ESG traits. That group includes Home Depot (NYSE: HD), PFM’s largest consumer discretionary holding. Read more
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