The Heart Rating

Since 1992, the Heart Rating has been the leading tool investors use to get a snapshot of socially responsible investment mutual fund environmental, social, and governance performance.

Read our latest publication “Rigor in Ratings” comparing the new Morningstar Sustainability Rating® to our Heart Rating. We provide recommendations for a comprehensive design of a socially responsible rating system for mutual funds.

Natural Investments is pleased to partner with Green America, which is dedicated to harnessing economic power for social justice and environmental sustainability, to promote the Heart Rating to investors seeking to align their investments with their values. The Heart Rating methodology is based on responses to a detailed fund management questionnaire and our analysis of fund-disclosed information in each fund prospectus. Scoring translates to number of hearts granted and is based on specific avoidance and affirmative screening criteria, shareholder advocacy strategies, community investing, and the management firm’s research process.

Learn more about The Heart Rating here Using the Social Rating and here Our Rating Criteria. The Heart Rating does not include any consideration of financial performance and is only applied to socially responsible investment mutual funds, sustainable investment mutual funds, and impact investment funds we select for rating.

Overall ScoreShareholder Advocacy ScoreCommunity Investing ScoreESG Screening ScoreFund NameOverall Heart RatingESG ScreeningShareholder AdvocacyCommunity Investing
15410121231919 Socially Responsive Balance4422
193
2210149AB Sustainable Global Thematic4442
102103051
Access Capital Community Investment3205
11820095Alger Responsible Investing3340
157203095Amana Developing World*4325
157203095Amana Growth*4325
157203095Amana Income*4325
157203095Amana Participation*4325
19209American Trust Allegiance*1110
2372130174Appleseed Fund5545
5020018Ariel Appreciation 2140
5020018Ariel Discovery2140
5020018Ariel Focus 2140
5020018Ariel Fund 2140
330021Ave Maria Bond*1100
330021Ave Maria Catholic Values*1100
330021Ave Maria Growth*1100
330021Ave Maria Opportunity*1100
330021Ave Maria Rising Dividend*1100
330021Ave Maria World Equity*1100
261056Azzad Ethical Fund*2142
261056Azzad Wise Capital Funds*2142
54.51536Baywood Socially Responsible Equity4450
6626028BNY Mellon Active Mid Cap Fund2250
6626028BNY Mellon Alternative Diversifier Fund2250
6626028BNY Mellon Appreciation Fund2250
6626028BNY Mellon Balanced Opportunity Fund2220
6626028BNY Mellon Diversified Emerging Markets Fund2250
6626028BNY Mellon Diversified International Fund2250
6626028BNY Mellon Emerging Markets Fund2250
6626028BNY Mellon Equity Income Fund2250
6626028BNY Mellon Global Emerging Markets2250
6626028BNY Mellon Global Equity Income2250
6626028BNY Mellon Growth and Income2250
6626028BNY Mellon International Equity Income2250
6626028BNY Mellon Large Cap Equity2250
6626028BNY Mellon Large Cap Growth2250
6626028BNY Mellon Mid Cap Growth2250
6626028BNY Mellon Small Cap Equity2250
6626028BNY Mellon Strategic Value 2250
10226064BNY Mellon US Sustainable Equity2250
1912812139Boston Common International Fund4452
1912812139Boston Common US Equity Fund4452
12517099Brown Advisory Large Cap Sustainable Growth Fund3340
1611730105Brown Advisory Sustainable Bond Fund4345
178
30
12124Calvert Growth Allocation 4452
196
30
30124Calvert Balanced Portfolio4455
196
30
30124Calvert Bond Portfolio4455
196
30
30124Calvert Midcap 4455
17830
12124Calvert Conservative Allocation 4452
17830
12124Calvert Developed Markets Ex-US Responsive Index 4452
196
30
30124Calvert Emerging Markets Equity4455
196
30
30124Calvert Equity Portfolio
4455
196
30
30124Calvert Global Energy Solutions4455
196
30
30124Calvert Global Water4455
17830
12124Calvert Green Bond 4452
17830
12124Calvert High-Yield Bond 4452
17830
12124Calvert Income 4452
196
30
30124Calvert International Equity 4455
196
30
30124Calvert International Opportunities 4455
17830
12124Calvert Large-Cap Core Portfolio4452
17830
12124Calvert Core Bond 4452
17830
12124Calvert Moderate Allocation 4452
17830
12124Calvert Short-Duration Income 4452
196
30
30124Calvert Small-Cap 4455
17830
12124Calvert Tax-Free Responsible Impact Bond 4452
17830
12124Calvert U.S. Large-Cap Core Responsible Index4452
17830
12124Calvert U.S. Large-Cap Growth Responsible Index4452
17830
12124Calvert U.S. Large-Cap Value Responsible Index 4452
17830
12124Calvert U.S. Mid-Cap Core Responsible Index4452
67.530
12124Calvert Ultra-Short Income4452
67.530
12124Calvert Flexible Bond 4452
1561230
102
CCM Alternative Income Fund3325
2122410166Change Finance ETF5542
1561230102CCM Community Impact Bond Fund3325
12224878Destra High Yield Strategy Fund3342
20.55012.5DFA US Social Core Equity 2 Portfolio2220
20.55012.5DFA US Sustainability Core 1 Portfolio2220
6815
048Domini International Social Equity Fund5550
83151548Domini Social Bond Fund5555
6815048Domini Social Equity Fund5550
5050DWS GNMA Fund1102
136201490Eventide Gilead*3343
12224878Flex Utilities & Infrastructure Fund3342
11628080Gabelli ESG Fund3350
2313030159Green Century Balanced Fund5555
229
300187Green Century Equity Fund5550
22930
0187Green Century International Fund5550
10009Integrity Growth & Income Fund1100
152300110John Hancock ESG All Cap 3350
152300110John Hancock ESG Large Cap 3350
7412046KBI Global Investors Aquarius Fund4440
16507LKCM Aquinas Growth Fund*2120
16507LKCM Aquinas Small Cap Fund*2120
160507LKCM Aquinas Value Fund*2120
3712023Loomis Sayles Inflation Protected Securities Fund2240
7412946Mirova Global Green Bond Fund4443
7412046Mirova International Sustainable Equity Fund4440
379323Natixis Sustainable Future Funds2231
1821710143
Neuberger Berman Sustainable Equity4432
6913547New Alternatives Fund5552
155303086New Covenant Balanced Growth*3355
155303086New Covenant Balanced Income*3355
155303086New Covenant Growth*3355
155303086New Covenant Income*3355
3613153Northern Global Sustainability Index Fund3155
149300110Nuveen ESG Emerging Markets ETF3350
154300115Nuveen ESG International Developed Markets ETF3450
155300116Nuveen ESG Large Cap ETF3450
155300116Nuveen ESG Large Cap Value ETF3450
155300116Nuveen ESG Mid Cap ETF3450
155300116Nuveen ESG Mid Cap Value ETF3450
155300116Nuveen ESG Small Cap ETF3450
183
1818135Parnassus Asia Fund4433
1831818135Parnassus Core Equity Fund4433
2031818155Parnassus Endeavor Fund4533
1831818135Parnassus Fixed Income Fund4433
2031818155Parnassus Fund4533
1831818135Parnassus Mid-Cap Fund4433
1831818135Parnassus Small Cap Fund4433
1932930122
Pax Core Bond Fund4455
19329
30122Pax Ellevate Global Women's Index Fund4355
1932930122Pax US Sustainable Economy Fund4355
2242930153Pax Global Opportunities Fund5555
224
2930153Pax Large Cap Fund5555
1932930122Pax World Balanced Fund4355
224
2930153
Pax World Global Environmental Markets Fund5555
1932930122Pax World High Yield Bond Fund4355
19329
30122Pax International Sustainable Economy Fund4355
1932930122Pax World Small Cap Fund4355
5050Pimco Low Duration Fund1102
1943010142Portfolio 21 Global Equity4452
1983030126Praxis Growth Index Fund*4455
1983030126Praxis Impact Bond Fund*4455
1983030126Praxis International Index Fund*4455
1983030126Praxis Small Cap Fund*4455
1983030126Praxis Value Index Fund*5455
157203095Saturna Sustainable Bond4325
157203095Saturna Sustainable Equity4325
10530063Schroder's International Alpha3250
11015087Thornburg Better World International Fund3330
152012123TIAA-CREF Social Choice Bond3402
153300114TIAA-CREF Social Choice Equity3350
156300117TIAA-CREF Social Choice International3450
152250118TIAA-CREF Social Choice Low Carbon3450
330024Timothy Aggressive Growth*1100
330024Timothy Conservative Growth*1100
330024Timothy Defensive Strategies*1100
330024Timothy Fixed Income*1100
330024Timothy High Yield Bond*1100
330024Timothy International*1100
330024Timothy Israel Common Values*1100
330024Timothy Large/Mid Cap Growth*1100
330024Timothy Large/Mid Cap Value*1100
330024Timothy Small Cap Growth*1100
330024Timothy Strategic Growth*1100
122
24878Touchstone Premium Yield Equity Fund3342
3003USAA First Start Growth Fund1100
250020Vanguard FTSE Social Index2200
204220173Vert Global Sustainable Real Estate4440
74151546.5Walden Balanced Fund5550
66.515046.5Walden Equity Fund5550
66.515046.5Walden Mid-Cap Fund5550
134180106JP Morgan US Sustainable Leaders3330
66.515046.5Walden Small-Cap Innovations Fund5550
11613091Aberdeen Global Equity Impact Strategy 3330
11117084Tortoise Ecofin Global Renewables Infrastructure Fund3330
116233051Columbia Threadneedle US Social Fund3245
167120143Essex Global Environmental Opportunities4420
866068Segall Bryant & Hamill Workplace Equality Fund2210
159170130Tortoise Ecofin Global Water ETF4430
11721086Glenmede Women in Leadership Equity3340
11921088Glenmede Responsible ESG Equity3340
204210171AGF Global Sustainable Growth Equity4540
10118073Putnam Sustainable Leaders Equity2230
10118073Putnam Sustainable Future Equity2230
2232010182ClearBridge Sustainability Leaders5543
210220178Shelton Green Alpha 5540
211236170Adasina Social Justice All Cap Global ETF5541

* Fund uses particular faith-based or religious screens that are not part of Natural Investments’ Heart Rating criteria.

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Disclosures and Disclaimers