Green Bond ETF is Getting Cheaper

“Investors are increasingly incorporating environmental and social factors into their investment process, alongside traditional financial risk and return metrics,” said Ed Lopez, Head of ETF Product with VanEck, in a statement. “There is increasing recognition that incorporating these factors may result in better long-term investment outcomes. This fee reduction will allow investors to build sustainable fixed income portfolios that have a positive environmental impact, without a significant impact to their risk and return profile.”

Green bonds also often feature low correlations to other fixed income assets, a possible advantage for income investors at a time of diverging monetary policies throughout much of the developed world.

GRNB has a 30-day SEC yield of 1.38%. The fund is down 4.08% year-to-date.

For more information on the fixed-income markets, visit our bond ETFs category.