Chart of the Week- June 6, 2022
The Bottom Line: The segment of sustainable municipal ETFs expanded in May and turned in positive monthly performance results for the first time in 2022. Sustainable municipal ETFs: Average total return performance January 1, 2022 – May 31, 2022 Notes of Explanation: The segment, identified by Sustainable Research and Analysis, consists of five funds: Franklin […]
Chart of the Week- May 30, 2022
The Bottom Line: S&P removed Tesla Inc. from the S&P 500 ESG Index in May but limited transparency regarding the decision contributes to ESG confusion. S&P 500 ESG Index top 10 holdings prior to and following removal of Tesla Inc. (TSLA)Source: S&P Down Jones reports and various index fund holdings reports. Percentages as of May […]
Chart of the Week-May 23, 2022
The Bottom Line: The top performing money market funds in April employ varying sustainable investing approaches, a factor contributing to the challenge of their classification. Sustainable investing approaches used by top performing money market funds-April 2022 Fund Name/Share Class TR (%) Sustainable Investing Approach Morgan Stanley Institutional Liquidity ESG Money Market Fund Cs/OK 0.05 ESG […]
Chart of the Week- May 16, 2022
The Bottom Line: Fixed income funds have come under increasing pressure Y-T-D and green bond funds have not been spared, but they have held up. Average performance of taxable green bond mutual funds and ETFs Jan. – April 2022Source: Performance data: Morningstar Direct; Sustainable Research and Analysis LLC Observations: Dedicated green bond funds, consisting of […]
Chart of the Week-May 9, 2022
The Bottom Line: 24 sustainable MFs and ETFs were launched in April, expanding to 50 the Y-T-D number of sustainable investment options available to investors. Mutual fund and ETF launches: January 1, 2022 – April 30, 2022Source:Morningstar Direct Observations: The largest number of new sustainable fund launches so far in 2022 occurred in April when […]