Each N-PORT filing of PHO compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 6.8%. Largest increases: Roper Technologies, Inc. 6.63% to 8.57%; Waters Corp. 6.93% to 8.18%; Mueller Industries, Inc. 3.56% to 4.37%; Ferguson Enterprises Inc. 8% to 8.67%; Franklin Electric Co., Inc. 0.9% to 1.33%; Stantec Inc. 0.79% to 1.16%. Largest decreases: Itron, Inc. 3.99% to 2.69%; Ecolab Inc. 8.17% to 7.14%; Advanced Drainage Systems, Inc. 3.96% to 3.24%; A.O. Smith Corp. 3.51% to 2.84%; Pentair PLC 3.99% to 3.44%; Core & Main, Inc. 4.4% to 3.93%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Jun 2026 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 7.2%. Largest increases: Itron, Inc. 2.47% to 3.99%; Tetra Tech, Inc. 2.41% to 3.55%; Core & Main, Inc. 3.28% to 4.4%; American Water Works Co., Inc. 5.88% to 6.96%; Ecolab Inc. 7.54% to 8.17%; IDEX Corp. 4.25% to 4.55%. Largest decreases: Waters Corp. 9.44% to 6.93%; Mueller Industries, Inc. 4.5% to 3.56%; Ferguson Enterprises Inc. 8.76% to 8%; Badger Meter, Inc. 2.76% to 2.03%; AECOM 4.38% to 3.73%; Xylem Inc. 4.34% to 3.91%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 30 Mar 2026 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 12%. Largest increases: Waters Corp. 3.19% to 9.44%; Mueller Industries, Inc. 3.09% to 4.5%; Badger Meter, Inc. 1.82% to 2.76%; IDEX Corp. 3.48% to 4.25%; Valmont Industries, Inc. 2.28% to 3%; Advanced Drainage Systems, Inc. 3.22% to 3.79%. Largest decreases: Xylem Inc. 8.39% to 4.34%; American Water Works Co., Inc. 7.56% to 5.88%; Mueller Water Products, Inc. 2.52% to 1.22%; Core & Main, Inc. 4.48% to 3.28%; Tetra Tech, Inc. 3.16% to 2.41%; Ferguson Enterprises Inc. 9.44% to 8.76%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Dec 2025 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/39 positions became 37: 1 added (0.68% of the fund), 3 dropped (3.28%). Turnover proxy 10.7%. Largest increases: American Water Works Co., Inc. 4.44% to 7.56%; Xylem Inc. 6.31% to 8.39%; Ferguson Enterprises Inc. 7.86% to 9.44%; Mueller Water Products, Inc. 1.52% to 2.52%; Valmont Industries, Inc. 1.67% to 2.28%; Franklin Electric Co., Inc. 0.78% to 1.19%. Largest decreases: Waters Corp. 6.57% to 3.19%; Tetra Tech, Inc. 4.39% to 3.16%; Advanced Drainage Systems, Inc. 3.8% to 3.22%; Badger Meter, Inc. 2.28% to 1.82%; Roper Technologies, Inc. 7.88% to 7.44%; Itron, Inc. 2.88% to 2.62%. New: Hawkins, Inc. (0.68%). Gone: Toro Co. (The) (3.19%), Artesian Resources Corp. (0.07%), Global Water Resources, Inc. (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Sep 2025 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/39 positions became 39: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 7.7%. Largest increases: Waters Corp. 4.52% to 6.57%; Ferguson Enterprises Inc. 7.02% to 7.86%; Tetra Tech, Inc. 3.68% to 4.39%; American Water Works Co., Inc. 3.81% to 4.44%; A.O. Smith Corp. 3.71% to 4.2%; Advanced Drainage Systems, Inc. 3.39% to 3.8%. Largest decreases: Veralto Corp. 6.37% to 3.95%; Zurn Elkay Water Solutions Corp. 2.84% to 1.67%; Mueller Industries, Inc. 4.08% to 3.14%; Ecolab Inc. 8.41% to 7.68%; Roper Technologies, Inc. 8.5% to 7.88%; Core & Main, Inc. 4.86% to 4.25%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Jun 2025 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/39 positions became 39: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 7%. Largest increases: Mueller Industries, Inc. 2.72% to 4.08%; Zurn Elkay Water Solutions Corp. 1.61% to 2.84%; Core & Main, Inc. 3.78% to 4.86%; Waters Corp. 3.82% to 4.52%; Roper Technologies, Inc. 7.95% to 8.5%; Ecolab Inc. 7.95% to 8.41%. Largest decreases: Itron, Inc. 3.95% to 2.52%; Ferguson Enterprises Inc. 7.83% to 7.02%; Valmont Industries, Inc. 2.49% to 1.7%; Pentair PLC 4.58% to 3.98%; AECOM 4.37% to 3.77%; Advanced Drainage Systems, Inc. 3.92% to 3.39%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Mar 2025 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/39 positions became 39: 1 added (7.83% of the fund), 1 dropped (8.21%). Turnover proxy 16.7%. Largest increases: Xylem Inc. 3.59% to 6.25%; Itron, Inc. 2.15% to 3.95%; AECOM 3.84% to 4.37%; Tetra Tech, Inc. 2.85% to 3.35%; Mueller Industries, Inc. 2.23% to 2.72%; Pentair PLC 4.09% to 4.58%. Largest decreases: American Water Works Co., Inc. 8.26% to 3.95%; Veralto Corp. 7.12% to 6.07%; Toro Co. (The) 4.46% to 3.56%; Essential Utilities, Inc. 3.29% to 2.64%; Waters Corp. 4.13% to 3.82%; California Water Service Group 1.04% to 0.76%. New: Ferguson Enterprises Inc. (7.83%). Gone: Ferguson PLC (8.21%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Dec 2024 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/40 positions became 39: 0 added (0% of the fund), 1 dropped (7.75%). Turnover proxy 10.7%. Largest increases: Veralto Corp. 4.31% to 7.12%; American Water Works Co., Inc. 6.67% to 8.26%; Toro Co. (The) 3.72% to 4.46%; Itron, Inc. 1.46% to 2.15%; Mueller Water Products, Inc. 0.76% to 1.28%; Waters Corp. 3.64% to 4.13%. Largest decreases: Core & Main, Inc. 4.71% to 3.52%; Xylem Inc. 4.09% to 3.59%; Ecolab Inc. 8% to 7.54%; Zurn Elkay Water Solutions Corp. 1.74% to 1.35%; Essential Utilities, Inc. 3.53% to 3.29%; Middlesex Water Co. 0.5% to 0.43%. Gone: Danaher Corp. (7.75%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Sep 2024 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/40 positions became 40: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 7.1%. Largest increases: American Water Works Co., Inc. 3.59% to 6.67%; Essential Utilities, Inc. 2.85% to 3.53%; AECOM 3.08% to 3.76%; Toro Co. (The) 3.25% to 3.72%; Badger Meter, Inc. 1.2% to 1.61%; Middlesex Water Co. 0.24% to 0.5%. Largest decreases: Veralto Corp. 7.58% to 4.31%; Waters Corp. 4.32% to 3.64%; Ferguson PLC 8.37% to 7.9%; Danaher Corp. 8.21% to 7.75%; Advanced Drainage Systems, Inc. 3.76% to 3.4%; IDEX Corp. 4% to 3.72%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Jun 2024 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/40 positions became 40: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 12.9%. Largest increases: Veralto Corp. 0.78% to 7.58%; Core & Main, Inc. 2.22% to 4.5%; Danaher Corp. 6.52% to 8.21%; Pentair PLC 3.72% to 4.33%; Toro Co. (The) 2.74% to 3.25%; Waters Corp. 3.82% to 4.32%. Largest decreases: Xylem Inc. 8.02% to 4.08%; Roper Technologies, Inc. 8.81% to 7.62%; AECOM 3.93% to 3.08%; Tetra Tech, Inc. 3.56% to 2.77%; SJW Group 1.07% to 0.39%; Mueller Industries, Inc. 2.22% to 1.6%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Mar 2024 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/39 positions became 40: 1 added (0.78% of the fund), 0 dropped (0%). Turnover proxy 10.6%. Largest increases: Xylem Inc. 4.04% to 8.02%; Roper Technologies, Inc. 7.8% to 8.81%; Tetra Tech, Inc. 2.73% to 3.56%; Core & Main, Inc. 1.59% to 2.22%; California Water Service Group 0.76% to 1.27%; Itron, Inc. 0.94% to 1.4%. Largest decreases: American Water Works Co., Inc. 7.33% to 3.82%; Danaher Corp. 7.98% to 6.52%; Toro Co. (The) 3.73% to 2.74%; Pentair PLC 4.5% to 3.72%; Advanced Drainage Systems, Inc. 4.53% to 3.75%; Essential Utilities, Inc. 3.42% to 2.82%. New: Veralto Corp. (0.78%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Dec 2023 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 39: 3 added (5.65% of the fund), 1 dropped (4.1%). Turnover proxy 12.7%. Largest increases: American Water Works Co., Inc. 4.25% to 7.33%; Advanced Drainage Systems, Inc. 3.89% to 4.53%; Mueller Industries, Inc. 1.57% to 2.15%; IDEX Corp. 3.69% to 4.07%; Pentair PLC 4.18% to 4.5%; Zurn Elkay Water Solutions Corp. 2.14% to 2.42%. Largest decreases: Xylem Inc. 8.15% to 4.04%; SJW Group 2.8% to 1.24%; Roper Technologies, Inc. 8.52% to 7.8%; Ecolab Inc. 8.48% to 7.97%; Cia de Saneamento Basico do Estado de Sao Paulo 1.64% to 1.27%; Middlesex Water Co. 1% to 0.71%. New: AECOM (4%), Core & Main, Inc. (1.59%), Consolidated Water Co. Ltd. (0.06%). Gone: Evoqua Water Technologies Corp. (4.1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Sep 2023 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 10.8%. Largest increases: Xylem Inc. 3.61% to 8.15%; SJW Group 0.77% to 2.8%; Evoqua Water Technologies Corp. 2.17% to 4.1%; Roper Technologies, Inc. 7.59% to 8.52%; Ecolab Inc. 8.07% to 8.48%; Middlesex Water Co. 0.62% to 1%. Largest decreases: American Water Works Co., Inc. 7.62% to 4.25%; Ferguson PLC 9.48% to 7.87%; Cia de Saneamento Basico do Estado de Sao Paulo 3.02% to 1.64%; Pentair PLC 4.72% to 4.18%; Energy Recovery, Inc. 0.9% to 0.48%; Itron, Inc. 1.34% to 0.94%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 Jun 2023 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 10.4%. Largest increases: Ferguson PLC 3.74% to 9.48%; Cia de Saneamento Basico do Estado de Sao Paulo 1.93% to 3.02%; Pentair PLC 3.82% to 4.72%; Advanced Drainage Systems, Inc. 3.38% to 4.05%; A.O. Smith Corp. 3.84% to 4.35%; Ecolab Inc. 7.58% to 8.07%. Largest decreases: Waters Corp. 7.93% to 3.7%; Tetra Tech, Inc. 4.11% to 2.96%; Xylem Inc. 4.45% to 3.61%; Toro Co. (The) 4.56% to 3.92%; Watts Water Technologies, Inc. 1.95% to 1.35%; Roper Technologies, Inc. 8.14% to 7.59%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 03 Apr 2023 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 8.2%. Largest increases: Waters Corp. 4.17% to 7.93%; Toro Co. (The) 3.75% to 4.56%; Valmont Industries, Inc. 1.87% to 2.6%; Roper Technologies, Inc. 7.41% to 8.14%; Ferguson PLC 3.13% to 3.74%; Cia de Saneamento Basico do Estado de Sao Paulo - SABESP 1.59% to 1.93%. Largest decreases: Xylem Inc. 8.18% to 4.45%; Watts Water Technologies, Inc. 3.11% to 1.95%; Danaher Corp. 8.3% to 7.38%; Essential Utilities, Inc. 4.22% to 3.56%; Advanced Drainage Systems, Inc. 3.92% to 3.38%; Evoqua Water Technologies Corp. 2.84% to 2.32%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 Dec 2022 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 1 added (3.13% of the fund), 1 dropped (0.07%). Turnover proxy 6.7%. Largest increases: Danaher Corp. 7.75% to 8.3%; Xylem, Inc. 7.66% to 8.18%; Franklin Electric Co., Inc. 1.02% to 1.5%; Tetra Tech, Inc. 3.72% to 4.17%; A.O. Smith Corp. 3.6% to 3.95%; Mueller Industries, Inc. 1.61% to 1.87%. Largest decreases: Roper Technologies, Inc. 8.88% to 7.41%; American Water Works Co., Inc. 8.63% to 7.72%; Evoqua Water Technologies Corp. 3.49% to 2.84%; Itron, Inc. 2.48% to 1.83%; Watts Water Technologies, Inc. 3.75% to 3.11%; Ecolab, Inc. 8.14% to 7.57%. New: Ferguson PLC (3.13%). Gone: Consolidated Water Co. Ltd. (0.07%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 27 Sep 2022 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 9.3%. Largest increases: Xylem, Inc. 3.74% to 7.66%; Watts Water Technologies, Inc. 2.06% to 3.75%; Tetra Tech, Inc. 2.92% to 3.72%; Ecolab, Inc. 7.38% to 8.14%; Roper Technologies, Inc. 8.13% to 8.88%; Mueller Industries, Inc. 1.19% to 1.61%. Largest decreases: Waters Corp. 8.42% to 4.05%; Zurn Water Solutions Corp. 3.74% to 3.06%; A.O. Smith Corp. 4.17% to 3.6%; Toro Co. (The) 4.15% to 3.61%; Cia de Saneamento Basico do Estado de Sao Paulo 1.95% to 1.52%; Essential Utilities, Inc. 4.45% to 4.02%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Jun 2022 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 5.6%. Largest increases: Waters Corp. 7.17% to 8.42%; Cia de Saneamento Basico Do Estado de Sao Paulo 1.07% to 1.95%; Toro Co. (The) 3.51% to 4.15%; Essential Utilities, Inc. 3.82% to 4.45%; American Water Works Co., Inc. 7.72% to 8.23%; Mueller Water Products, Inc. 1.3% to 1.66%. Largest decreases: Zurn Water Solutions Corp. 5.01% to 3.74%; Middlesex Water Co. 2.15% to 1%; Tetra Tech, Inc. 3.97% to 2.92%; Ecolab, Inc. 7.97% to 7.38%; Itron, Inc. 3.02% to 2.66%; Valmont Industries, Inc. 2.39% to 2.05%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 31 Mar 2022 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 1 added (5.01% of the fund), 1 dropped (2.96%). Turnover proxy 9%. Largest increases: Middlesex Water Co. 0.8% to 2.15%; Evoqua Water Technologies Corp. 2.82% to 3.25%; A.O. Smith Corp. 3.68% to 4.06%; Ecolab, Inc. 7.64% to 7.97%; Mueller Industries, Inc. 0.95% to 1.27%; Watts Water Technologies, Inc. 1.96% to 2.2%. Largest decreases: Waters Corp. 9% to 7.17%; Danaher Corp. 8.64% to 7.77%; Itron, Inc. 3.85% to 3.02%; Badger Meter, Inc. 1.64% to 1.14%; American Water Works Co., Inc. 8.16% to 7.72%; Valmont Industries, Inc. 2.74% to 2.39%. New: Zurn Water Solutions Corp. (5.01%). Gone: Rexnord Corp. (2.96%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Dec 2021 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 1 added (0.26% of the fund), 1 dropped (0.46%). Turnover proxy 9.7%. Largest increases: Waters Corp. 4.01% to 9%; Itron, Inc. 2.47% to 3.85%; Energy Recovery, Inc. 0.46% to 0.97%; Tetra Tech, Inc. 3.37% to 3.77%; American States Water Co. 1.29% to 1.6%; Advanced Drainage Systems, Inc. 3.71% to 4%. Largest decreases: Xylem, Inc. 8.13% to 3.96%; Evoqua Water Technologies Corp. 4.26% to 2.82%; Cia de Saneamento Basico Do Estado de Sao Paulo 1.61% to 1%; Roper Technologies, Inc. 8.65% to 8.12%; A.O. Smith Corp. 4.17% to 3.68%; IDEX Corp. 4.2% to 3.79%. New: Stantec, Inc. (0.26%). Gone: Aegion Corp. (0.46%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Sep 2021 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 11.7%. Largest increases: Xylem, Inc. 3.89% to 8.13%; Evoqua Water Technologies Corp. 2.17% to 4.26%; Roper Technologies, Inc. 7.12% to 8.65%; Ecolab, Inc. 7.12% to 7.83%; Middlesex Water Co. 0.43% to 0.96%; IDEX Corp. 3.73% to 4.2%. Largest decreases: Waters Corp. 8.83% to 4.01%; Watts Water Technologies, Inc. 3.19% to 1.9%; American States Water Co. 2.23% to 1.29%; Advanced Drainage Systems, Inc. 4.58% to 3.71%; Itron, Inc. 3.29% to 2.47%; California Water Service Group 1.66% to 1.04%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Jun 2021 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 4.7%. Largest increases: Advanced Drainage Systems, Inc. 3.69% to 4.58%; Waters Corp. 7.98% to 8.83%; Watts Water Technologies, Inc. 2.39% to 3.19%; Tetra Tech, Inc. 3.49% to 3.95%; Roper Technologies, Inc. 6.73% to 7.12%; Mueller Water Products, Inc. 1.11% to 1.46%. Largest decreases: Cia de Saneamento Basico Do Estado de Sao Paulo 1.97% to 1.22%; Rexnord Corp. 3.69% to 3.04%; Danaher Corp. 8.61% to 8.19%; A.O. Smith Corp. 4.09% to 3.73%; SJW Group 1.03% to 0.71%; Xylem, Inc. 4.21% to 3.89%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 01 Apr 2021 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/37 positions became 37: 1 added (0.12% of the fund), 1 dropped (0.11%). Turnover proxy 5.2%. Largest increases: Advanced Drainage Systems, Inc. 2.6% to 3.69%; Ecolab, Inc. 6.64% to 7.21%; Rexnord Corp. 3.15% to 3.69%; Watts Water Technologies, Inc. 1.89% to 2.39%; Valmont Industries, Inc. 2.29% to 2.77%; Toro Co. (The) 3.79% to 4.22%. Largest decreases: Roper Technologies, Inc. 8.29% to 6.73%; Danaher Corp. 9.23% to 8.61%; Tetra Tech, Inc. 4.03% to 3.49%; American Water Works Co., Inc. 8.75% to 8.25%; American States Water Co. 2.96% to 2.5%; California Water Service Group 2.1% to 1.8%. New: Invesco Government & Agency Portfolio (0.12%). Gone: Invesco Premier U.S. Government Money Portfolio (0.11%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 30 Dec 2020 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/35 positions became 37: 3 added (0.57% of the fund), 1 dropped (3.24%). Turnover proxy 7.1%. Largest increases: Tetra Tech, Inc. 2.98% to 4.03%; Advanced Drainage Systems, Inc. 1.9% to 2.6%; Cia de Saneamento Basico Do Estado de Sao Paulo 1.57% to 2.18%; American Water Works Co., Inc. 8.17% to 8.75%; Pentair PLC 3.65% to 4.13%; California Water Service Group 1.67% to 2.1%. Largest decreases: Ecolab, Inc. 8.9% to 6.64%; A.O. Smith Corp. 4.45% to 3.82%; IDEX Corp. 4.31% to 3.9%; Danaher Corp. 9.39% to 9.23%; Essential Utilities, Inc. 4.03% to 3.91%; Lindsay Corp. 1.07% to 0.95%. New: York Water Co. (The) (0.29%), Northwest Pipe Co. (0.23%), Global Water Resources, Inc. (0.05%). Gone: HD Supply Holdings, Inc. (3.24%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Sep 2020 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/36 positions became 35: 1 added (4.03% of the fund), 2 dropped (4.93%). Turnover proxy 9.4%. Largest increases: A.O. Smith Corp. 3.38% to 4.45%; Danaher Corp. 8.46% to 9.39%; Ecolab, Inc. 8.06% to 8.9%; Franklin Electric Co., Inc. 0.77% to 1.42%; IDEX Corp. 3.86% to 4.31%; Evoqua Water Technologies Corp. 1.22% to 1.62%. Largest decreases: HD Supply Holdings, Inc. 3.93% to 3.24%; Rexnord Corp. 3.76% to 3.08%; Cia de Saneamento Basico Do Estado de Sao Paulo 2.23% to 1.57%; American Water Works Co., Inc. 8.64% to 8.17%; Advanced Drainage Systems, Inc. 2.36% to 1.9%; Watts Water Technologies, Inc. 1.93% to 1.58%. New: Essential Utilities, Inc. (4.03%). Gone: Aqua America, Inc. (4.5%), AquaVenture Holdings Ltd. (0.43%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Jun 2020 12:00:00 GMThttps://themulden.com/funds/pho/https://themulden.com/funds/pho/36 positions became 36: 0 added (0% of the fund), 0 dropped (0%). Turnover proxy 11.4%. Largest increases: American Water Works Co., Inc. 3.8% to 8.64%; Rexnord Corp. 2.56% to 3.76%; Advanced Drainage Systems, Inc. 1.38% to 2.36%; Roper Technologies, Inc. 7.21% to 8.13%; Danaher Corp. 7.61% to 8.46%; Ecolab, Inc. 7.31% to 8.06%. Largest decreases: IDEX Corp. 7.41% to 3.86%; Tetra Tech, Inc. 4.23% to 2.79%; Cia de Saneamento Basico Do Estado de Sao Paulo 3.34% to 2.23%; Pentair PLC 4.53% to 3.71%; A.O. Smith Corp. 4.19% to 3.38%; Toro Co. (The) 4.2% to 3.41%. Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 31 Mar 2020 12:00:00 GMT