GRNB
VanEck Vectors Green Bond ETFGRNB Fund Description
GRNB tracks a market-value-weighted index of bonds issued for climate change mitigation or other environmentally beneficial projects, as identified by the Climate Bonds Initiative.
GRNB Factset Analytics Insight
GRNB is a rarity in the fixed income space: an ESG-focused fund with a global scope and passive management. The fund invests in bonds issued to finance “green” projects—primarily solar, wind, and low-carbon construction. Issuers must seek and receive certification from the Climate Bonds Initiative, a London-based NGO. GRNB may hold both corporate and government issues, with only a few restrictions: tax-exempt municipals are excluded, while sub-investment-grade issues are capped at 20% of the portfolio. Issuers may be located in any geography, but holdings must be either denominated in one of the G10 currencies, or issued outside of the home market of the issue currency—effectively excluding local-currency emerging-market bonds. GRNB launched in March 2017, and looks attractively priced in the context of its specialized niche and global reach.
GRNB MSCI ESG Analytics Insight
VanEck Vectors Green Bond ETF has an MSCI ESG Fund Rating of AA based on a score of 7.39 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. VanEck Vectors Green Bond ETF ranks in the 94th percentile within its peer group and in the 98th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GRNB CHARTS AND PERFORMANCE
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GRNB Top 10 Holdings [View All]
GRNB Portfolio Data
GRNB Index Data
GRNB Portfolio Management
GRNB Tax Exposures
GRNB Fund Structure
GRNB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GRNB. GRNB is rated a N/A out of 5.
GRNB Tradability
GRNB Top 10 Holdings[View All]
GRNB Performance Statistics
GRNB MSCI ESG Ratings
GRNB HOLDINGS STATISTICS
GRNB AVG LIFE MATURITY DISTRIBUTION
GRNB OAS BREAKDOWN
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.