Key stats
About VanEck Green Bond ETF
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Inception date
Mar 3, 2017
Structure
Open-Ended Fund
Replication method
Physical
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.
ISIN
US92189F1710
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.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GRNB trades at 24.44 USD today, its price has risen 0.42% in the past 24 hours. Track more dynamics on GRNB price chart.
GRNB net asset value is 24.39 today — it's risen 1.01% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GRNB assets under management is 142.25 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GRNB price has risen by 0.66% over the last month, and its yearly performance shows a 0.33% increase. See more dynamics on GRNB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.01% over the last month, showed a 3.45% increase in three-month performance and has increased by 4.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.01% over the last month, showed a 3.45% increase in three-month performance and has increased by 4.69% in a year.
GRNB fund flows account for 38.39 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GRNB invests in bonds. See more details in our Analysis section.
GRNB expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GRNB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GRNB technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GRNB shows the buy signal. See more of GRNB technicals for a more comprehensive analysis.
Today, GRNB technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GRNB shows the buy signal. See more of GRNB technicals for a more comprehensive analysis.
Yes, GRNB pays dividends to its holders with the dividend yield of 4.05%.
GRNB trades at a premium (0.20%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GRNB shares are issued by Van Eck Associates Corp.
GRNB follows the S&P Green Bond U.S. Dollar Select Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 3, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.