Symbols

GRNB

VanEck Green Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

161.83MUSD

Fund Flows (1Y)

47.08MUSD

Dividend Yield

4.17%

Discount/Premium to NAV

0.23%

Shares Outstanding

6.65M

Expense Ratio

0.20%

About VanEck Green Bond ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/etf/income/grnb/index/

Inception Date

Mar 3, 2017

Structure

Open-Ended Fund

Index Tracked

S&P Green Bond U.S. Dollar Select Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

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” projects—primarily 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.