RBNDSPDR Bloomberg SASB Corporate Bond ESG Select ETF
RBND Fund Description
RBND tracks a US corporate investment-grade bond index across the maturity spectrum, that exhibit certain environmental, social and governance (ESG) characteristics.
RBND Factset Analytics Insight
RBND invests in investment grade bonds with similar return and risk characteristics as — Bloomberg US Corporate Index — its parent index while screening out securities that derive the bulk of their revenues from certain controversial practices, which can include UN Global Compact Violations and Thermal Coal Extraction. The underlying index utilizes the R-Factor ESG score based on the Sustainability Accounting Standards Board (SASB), to further screen out companies without positive ESG traits. The scoring process attempts to identify ESG issues that are financially material to an issuer based on its industry classification and a corporate governance component, which addresses topics such as shareholder rights and executive compensation. All remaining stocks are optimized to maximize the underlying index’s overall R-Factor score while minimizing active total risk versus the parent index. The underlying index is rebalanced monthly.
RBND MSCI ESG Analytics Insight
SPDR Bloomberg SASB Corporate Bond ESG Select ETF has an MSCI ESG Fund Rating of AA based on a score of 8.07 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. SPDR Bloomberg SASB Corporate Bond ESG Select ETF ranks in the 87th percentile within its peer group and in the 92nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RBND Summary Data
RBND Portfolio Data
RBND Index Data
RBND Portfolio Management
RBND Tax Exposures
RBND Fund Structure
RBND Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RBND. RBND is rated a N/A out of 5.
RBND Sector/Industry Breakdown
RBND Top 10 Holdings[View All]
RBND Top 5 Countries
RBND Top 5 Currencies