Investment Spotlight from Domini's ESG Research: Real Estate with a Sustainability Focus

At Domini, we conduct proprietary in-house research to evaluate the social and environmental performance of our investments. Our in-depth, independent ESG research and high standards help create prosperity not only for portfolios, but for people and planet too. During our research process, we discover many innovative initiatives worth sharing.

UDR, Inc.

Held in the Domini Impact Equity Fund portfolio.

Responsible housing practices play a crucial role in improving equity among renters and their communities. They can also support environmental sustainability. Founded in 1972, UDR is one of the largest apartment property managers in the U.S.—owning nearly 150 apartment communities nationwide.i UDR’s portfolio includes 3,700 affordable housing units, which marks a 50% increase since 2018.ii The company recently rolled out a service that makes its rentals more financially accessible, by enabling renters to put down security deposits through monthly payments rather than a large upfront fee.iii

Another priority for UDR has been its environmental impact. In 2020, UDR invested $12 million into energy conservation projects, one of which installed 841,000 kWh of additional solar generation capacity. UDR has earned LEED silver or equivalent certifications for all new developments since 2015—and, as of 2020, it has 22 certified properties.iv Management diversity has also been a focus. UDR has formally adopted a protocol to ensure that diverse candidates are considered for inclusion on its board of directors. In 2021, 40% of UDR’s board were either women or men from historically underrepresented groups.v


Before investing, consider each Fund's investment objectives, risks, charges and expenses. Contact us for a prospectus containing this and other information. Read it carefully.

The Domini Funds are not bank deposits, are not insured, and are subject to certain risks. The market value of Fund investments will fluctuate and you may lose money. The Domini Impact Equity Fund is subject to certain risks including impact investing, portfolio management, information, market, recent events, and mid- to large-cap companies risks. The Domini International Opportunities Fund is subject to certain risks including foreign investing, geographic focus, country, currency, impact investing, and portfolio management risks. The Domini Sustainable Solutions Fund is subject to certain risks including sustainable investing, portfolio management, information, market, recent events, mid- to large-cap companies and small-cap companies risks. The Domini Impact International Equity Fund is subject to certain risks including foreign investing, emerging markets, geographic focus, country, currency, impact investing, and portfolio management risks. Investing internationally involves special risks, such as currency fluctuations, social and economic instability, differing securities regulations and accounting standards, limited public information, possible changes in taxation, and periods of illiquidity. These risks may be heightened in connection with investments in emerging market countries. The Domini Impact Bond Fund is subject to certain risks including impact investing, portfolio management, style, information, market, recent events, interest rate and credit risks.

The Adviser’s evaluation of environmental and social factors in its investment selections and the timing of the Subadviser’s implementation of the Adviser’s investment selections will affect the Fund’s exposure to certain issuers, industries, sectors, regions, and countries and may impact the relative financial performance of the Fund depending on whether such investments are in or out of favor. The value of your investment may decrease if the Adviser’s or Subadviser’s judgement about Fund investments does not produce the desired results. There is a risk that information used by the Adviser to evaluate environmental and social factors, may not be readily available or complete, which could negatively impact the Adviser’s ability to evaluate such factors and Fund performance.

As of 9/30/21, UDR, Inc. represented the following % of the Domini Impact Equity Fund’s portfolio [0.05%]. The composition of the Fund’s portfolio is subject to change. The Domini Funds maintain portfolio holdings disclosure policies that govern the timing and circumstances of disclosure to shareholders and third parties of information regarding the portfolio investments held by the Funds.

The Domini Funds are only offered for sale in the United States. DSIL Investment Services LLC (DSILD) distributor, Member FINRA. Domini Impact Investments LLC is the Funds' Adviser. The Funds are subadvised by unafilliated entities. 1/22


Check the background of DSIL Investment Services LLC and its investment professionals on FINRA's BrokerCheck. Before investing, consider the Domini Funds’ investment objectives, risks, charges, and expenses. View or order a prospectus. Read it carefully.

DSIL Investment Services LLC (DSILD) distributor, Member FINRA.

Domini Impact Investments LLC (Domini) is the Funds’ investment manager. The Funds are subadvised by unaffiliated entities.

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