BGRNiShares Global Green Bond ETF
BGRN Fund Description
BGRN tracks a market-value-weighted index of investment-grade government and corporate bonds linked to environmentally beneficial projects, as identified by MSCI. The fund hedges currency exposure for USD-based investors.
BGRN Factset Analytics Insight
BGRN targets bonds that align with MSCIs Green Bond Principles. Qualifying bonds must be issued to fund projects in one of six categories: alternative energy, energy efficiency, pollution prevention and control, sustainable water, green building, and climate adaption. Additionally, bond issuers must maintain processes for evaluating and selecting green projects, managing proceeds, and reporting environmental impact. BGRN may still hold bonds that don’t meet all the criteria if they were issued before 2014 and have been widely accepted as green, as determined by the index committee. BGRNs selection pool includes both government and corporate issuers from developed and emerging markets. Holdings may be of any term and are generally held to maturity. BGRNs portfolio is weighted by market value and is rebalanced monthly.
BGRN MSCI ESG Analytics Insight
iShares Global Green Bond ETF has an MSCI ESG Fund Rating of AA based on a score of 7.68 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Global Green Bond ETF ranks in the 81st percentile within its peer group and in the 92nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BGRN Summary Data
BGRN Portfolio Data
BGRN Index Data
BGRN Portfolio Management
BGRN Tax Exposures
BGRN Fund Structure
BGRN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BGRN. BGRN is rated a N/A out of 5.