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Explore AllRelated Funds
GRNBVanEck Green Bond ETF
Fund Description
VanEck Green Bond ETF (GRNB®) seeks to replicate, as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond U.S. Dollar Select Index (SPGRUSST). The index is comprised of U.S. dollar-denominated green bonds that are issued to finance environmentally friendly projects, and includes bonds issued by supranational, government, and corporate issuers globally.
-
Fund Ticker
GRNB -
Exchange
NYSE Arca -
Inception Date
03/03/2017 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
SPGRUSST -
Index Rebalancing
Monthly -
2022 Preliminary NAIC Designation7
2.C
as of 05/27/22
-
30-Day SEC Yield1
3.88% -
Total Net Assets
$84.8M -
Number of Holdings
322 -
Options
No -
Gross Expense Ratio2
0.20% -
Net Expense Ratio/TER2
0.20% -
Distribution Frequency
Monthly -
Next Distribution Date
05/31/2022
Index Key Points
The S&P Green Bond U.S. Dollar Select Index (SPGRUSST) is comprised of:
U.S. dollar-denominated bonds issued to finance environmentally friendly projects. To be eligible the issuer must clearly indicate the intended use of proceeds, and the bond must be designated as “green” by the Climate Bonds Initiative.
Index Weighting:
Constituents are weighted based on market value, subject to a 10% issuer cap and a 20% high yield cap
Index Provider:
S&P Dow Jones Indices
Index Profile
-
Ticker
SPGRUSST -
Inception Date
06/17/2019 -
Rebalance Frequency
Monthly
Index Fundamentals4 as of 05/27/22
-
Yield to Worst
4.38% -
Yield to Maturity
4.40% -
Effective Duration (yrs)
5.30 -
Duration to Worst (yrs)
5.45 -
Modified Duration (yrs)
5.46 -
Spread Duration (yrs)
5.39 -
Years to Maturity
7.47 -
Coupon
2.81%
Index Top 10 Constituents (%) as of 04/30/22
to view
full data
Constituent Name |
Coupon
|
Maturity | Weightings (%) |
---|---|---|---|
Kfw |
-- |
10/01/2026 | 1.27 |
Ford Motor Company |
-- |
02/12/2032 | 0.95 |
European Investment Bank |
-- |
06/13/2025 | 0.93 |
Republic Of Chile |
-- |
01/25/2050 | 0.88 |
Kfw |
-- |
09/14/2029 | 0.84 |
Kfw |
-- |
09/30/2030 | 0.77 |
Apple Inc |
2.850 |
02/23/2023 | 0.70 |
Citigroup Inc |
1.678 |
05/15/2024 | 0.68 |
European Investment Bank |
2.375 |
05/24/2027 | 0.68 |
European Investment Bank |
2.125 |
04/13/2026 | 0.67 |
Top 10 Total (%) | 8.36 |
Index Country Weightings (%) as of 04/30/22
-
Country
% of Net Assets -
■
United States
36.55 -
■
China
10.84 -
■
Supra-National
7.84 -
■
South Korea
5.04 -
■
Netherlands
4.68 -
■
Germany
3.78 -
■
India
3.06 -
■
Chile
2.85 -
■
Japan
2.50 -
■
Brazil
2.14 -
■
Singapore
2.08 -
■
Indonesia
2.06 -
■
Canada
2.00 -
■
United Kingdom
1.71 -
■
Sweden
1.31 -
■
Spain
0.96 -
■
Uae
0.85 -
■
Luxembourg
0.84 -
■
Hong Kong
0.68 -
■
Norway
0.67 -
■
OTHERS
7.57
Index Sector Weightings (%) as of 04/30/22
-
Sector
% of Net Assets -
■
Financials
41.2 -
■
Utilities
20.6 -
■
Real Estate
8.1 -
■
Government Activity
6.7 -
■
Mortgage Securities
6.3 -
■
Technology
3.6 -
■
Basic Materials
3.4 -
■
Industrials
3.1 -
■
Consumer Cyclicals
2.5 -
■
Energy
1.7 -
■
OTHER
2.9
Index Credit Quality (%)† as of 04/30/22
Composite | % of Net Assets | |
---|---|---|
Investment Grade | AAA | 15.19 |
AA | 7.53 | |
A | 25.95 | |
BBB | 28.21 | |
Non-Investment Grade | BB | 10.42 |
B | 2.74 | |
CCC | 0.38 | |
CC | 0.16 | |
Total Investment Grade | -- | 76.89 |
Total Non-Investment Grade | -- | 13.70 |
Not Rated | -- | 9.41 |
Maturity (%) as of 04/30/22
Average Maturity: 7.66 Years