BGRN ISSUER
The BNY Mellon U.S. Aggregate Bond ETF (BGRN) is offered by BNY Mellon Investment Adviser, Inc., a well-established financial institution with a rich history dating back to 1784. BGRN seeks to track the performance of the Bloomberg MSCI USD Green Bond Select Index, which measures the performance of U.S. dollar-denominated investment-grade green bonds issued by both U.S. and non-U.S. issuers for environmentally beneficial projects. BNY Mellon's commitment to sustainability is evident through its involvement in the green bond market, providing investors with a responsible investment option in the fixed income space.
BGRN DIVIDEND
The BGRN Dividend ETF, while primarily focusing on passive management to track the total return performance of the proprietary Lunt Capital Management, Inc. Index, may still offer investors dividend distributions. These distributions typically align with the dividend policies of the underlying mid-cap U.S. companies included in the S&P MidCap 400 Index. BGRN Dividend's investment strategy aims to maintain a high correlation with the Index's performance, and investors seeking exposure to mid-cap stocks with the potential for dividend income may find this ETF appealing. Please note that the distribution frequency and amounts are subject to the dividend policies of the constituent companies. Under normal circumstances, BGRN Dividend invests at least 80% of its net assets in securities of mid-cap companies that have been part of the S&P MidCap 400 within the past 12 months. The ETF's replication strategy involves investing in all the component securities of the Index. As a non-diversified fund, BGRN Dividend may allocate more assets to a single issuer or a smaller number of issuers than diversified funds, potentially affecting its dividend distribution profile.
BGRN TRACKING
Tracking the Bloomberg MSCI USD Green Bond Select Index is the primary objective of the iShares USD Green Bond ETF. This ETF is designed to replicate the performance of the index, which measures the returns of U.S. dollar-denominated investment-grade green bonds issued by both U.S. and non-U.S. entities. These green bonds are used to finance projects with direct environmental benefits, aligning with various themes outlined in the Green Bond Principles established by the International Capital Market Association. iShares USD Green Bond ETF holds a diverse range of green bonds, including sovereign, corporate, and securitized bonds, providing investors with a way to participate in sustainable investment opportunities while maintaining a fixed income focus.
BGRN CORRELATION
The correlation aspect of the iShares Global Green Bond ETF (BGRN) is essential in understanding its performance in relation to the Bloomberg MSCI USD Green Bond Select Index, which consists of U.S. dollar-denominated investment-grade green bonds. BGRN is designed to track this index, which measures the performance of bonds issued to fund projects with direct environmental benefits. Given its focus on green bonds, BGRN typically exhibits a strong correlation with the green bond market, making it a valuable tool for investors interested in environmentally sustainable investments. To explore the specific correlations and overlaps of BGRN with other assets, investors can utilize the ETF Insider web app, which provides in-depth data and visualizations for a comprehensive analysis of U.S. ETFs and their correlations.
BGRN SECTOR
The BGRN ETF focuses on green bonds, which are fixed income securities dedicated to financing environmentally sustainable projects. These bonds are assessed based on criteria aligned with the Green Bond Principles, and their proceeds are used exclusively for projects promoting environmental sustainability. The ETF includes a wide range of U.S. dollar-denominated investment-grade green bonds issued by entities in various countries and regions, with a focus on areas such as alternative energy, energy efficiency, pollution prevention, sustainable water, green building, and climate adaptation. Investors in BGRN can align their investments with environmentally conscious initiatives while potentially benefiting from the stability of fixed income securities.
BGRN EXPOSURE
The exposure characteristic of the iShares USD Green Bond ETF(BGRN) is centered around green bonds with a focus on environmental sustainability projects. BGRN seeks to track the Bloomberg MSCI USD Green Bond Select Index, comprising U.S. dollar-denominated investment-grade green bonds issued by both U.S. and non-U.S. entities. These bonds fund projects with direct environmental benefits, falling into eligible environmental categories like alternative energy, energy efficiency, pollution prevention, sustainable water, green building, and climate adaptation. BGRN provides investors access to a diverse range of green bonds across various sectors and regions, promoting environmentally responsible investments.
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