What is PABU?

PABU tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PABU 4.50% 8.53% 4.26% -- -- -- --
PABU (NAV) 4.55% 8.65% 4.44% -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PABU Factset Analytics Insight

PABU applies a climate approach to investing in US large- and mid-cap stocks. Stocks selected are considered favorably positioned for the transition to a low-carbon economy. The underlying index construction begins by removing stocks from the MSCI USA Index, the Parent Index, that are involved with civilian firearms, controversial weapons, nuclear weapons, oil and gas, oil sands, power generation, thermal coal mining and tobacco. Remaining companies are evaluated based on 5 broad categories for ESG impact: environment, human rights and communities, labor rights and supply chain, customers and governance. Selected holdings are weighted to emphasize those positioned to reduce greenhouse gas intensity. An optimizer is used to maintain sector exposure +/- 5% that of the parent index, except for the energy sector. The index is rebalanced semi-annually. A representative sampling of the index is used to manage exposure. The fund may lend up to one-third of the underlying securities.

PABU Summary Data

Blackrock
02/08/22
0.10%
$896.24M
MSCI USA Climate Paris Aligned Benchmark Extended Select Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

$0.00B 5 Days
-$0.00B 30 Days
+$0.08B 90 Days

PABU Portfolio Data

$478.85B
25.56
5.14
--
N/A
303

PABU Index Data

MSCI USA Climate Paris Aligned Benchmark Extended Select Index
Tiered
Principles-based
N/A

PABU Portfolio Management

0.10%
--
--
--

PABU Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PABU Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of PABU. PABU is rated a 5 out of 5.

PABU Tradability

2,222
$92.93K
334
$14.30K
0.08%
$0.04
-0.01%
9.50% / -2.14%
None
100.00%
50,000
0.01
--
0.00%
0
$42.91
5

PABU Sector/Industry Breakdown

PABU Segment
Benchmark
18.03% --
17.60% --
17.40% --
15.49% --
6.30% --
4.91% --
4.38% --
3.96% --
2.61% --
2.44% --

PABU Performance Statistics

--
--
--
--
--
N/A

PABU Countries

PABU Segment
Benchmark
99.89% --

PABU Regions

PABU Segment
Benchmark
99.89% --

PABU Economic Development

PABU Segment
Benchmark
99.89% --
0.00% --

PABU Benchmark Comparison Holdings

303
--
--
--

PABU Benchmark Comparison Summary

PABU Segment
Benchmark
303 --
$478.85B --
25.56 --
5.14 --
1.24% --
Low --

PABU Benchmark Comparison Market Cap Size

PABU Segment
Benchmark
95.86% --
3.97% --
0.00% --
0.00% --

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.