Key stats
About VanEck Green Bond ETF
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Inception date
Mar 3, 2017
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
GRNB is a unique take 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 projectsprimarily 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 USD denominated. Rebalancing is done monthly. GRNB launched in March 2017 and as of September 3, 2019, the fund tracks the S&P Green Bond U.S. Dollar Select Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate76.00%
Government18.58%
Securitized3.99%
Cash1.03%
Municipal0.39%
Stock breakdown by region
North America43.10%
Asia24.72%
Europe21.67%
Middle East4.63%
Latin America4.20%
Africa0.97%
Oceania0.71%
Top 10 holdings
Dividends
Dividend payout history