ESGBIQ MacKay ESG Core Plus Bond ETF
ESGB Fund Description
ESGB actively invests in a wide range of corporate, government, mortgage-related and asset-backed securities, while aiming to maintain a portfolio modified duration to worst within 2.5 years of its benchmark. Up to 30% may be invested in high yield bonds, and up to 20% in foreign issuers.
ESGB Factset Analytics Insight
ESGB uses an active strategy to construct a portfolio that meets the subadviser’s ESG criteria. Economic cycle analysis, credit quality and interest rate trends are first used to determine what portion of the fund will be given to each industry or type of security. The fund then uses its proprietary ESG analysis to assign each issuer an “environmental,” “social,” and “governance” score based on factors deemed most material to that asset class and peer group. Next, the fund scores issuers as “outperforming,” “average,” or “underperforming” within each of the ESG factors, and combines these scores on an equal basis to determine an issuer's overall score. Historical trends in an issuer’s score and opportunities where a company has improved its ESG practices are also considered. Finally, a security is selected if it has a score of at least “average”, or if the issuer has demonstrated a trend of improving scores.
ESGB MSCI ESG Analytics Insight
IQ MacKay ESG Core Plus Bond ETF has an MSCI ESG Fund Rating of undefined based on a score of 6.78 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. IQ MacKay ESG Core Plus Bond ETF ranks in the 62nd percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ESGB Portfolio Data
ESGB Index Data
ESGB Portfolio Management
ESGB Tax Exposures
ESGB Fund Structure
ESGB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ESGB. ESGB is rated a N/A out of 5.
ESGB Top 10 Holdings[View All]
ESGB Performance Statistics
ESGB MSCI ESG Ratings
ESGB Holdings Statistics
ESGB Avg Life Maturity Distribution
ESGB OAS Breakdown
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.