Green bond funds rebounded in 2023
The Bottom Line: Green bond funds, which continue to offer sustainable investors exposure to investments that promote climate change mitigation or adaptation, rebounded in 2023. Green bond funds end the year with $1.5 billion in assets, experiencing limited outflows Green bond funds, the segment of thematic bond funds consisting of eight funds, five mutual funds/28 […]
Green bond funds update-April 2023
The Bottom Line: April 2023 green bond fund performance results favored passively managed funds investing in US dollar denominated securities and featuring low expense ratios. Observations: Green bond funds, the segment of thematic bond funds consisting of five mutual funds/28 share classes and three ETFs that offer investors exposure to environmental projects and investments while […]
Green bond funds held steady in 2022
The Bottom Line: Green bond funds held steady in 2022 and are expected to benefit from moderating conditions and increased sustainable bonds issuance in 2023. December Summary Investors didn’t abandon green bond funds in 2022 even in the light of posting an average decline of 13.5%, excluding the Franklin Municipal Green Bond Fund (FLMB), versus […]
Green bond funds add assets following two months of declines
The Bottom Line: Reversing two consecutive months of declines, thematic green bond funds gained $29.4 million in November 2022 while total return performance lagged benchmarks. November Summary Reversing two months of declines in net assets under management, the segment of thematic green bond funds, consisting of four mutual funds and three ETFs that offer investors […]
Green bond funds experience withdrawals for the second consecutive month
The Bottom Line: Favorable green bond fund results tend to converge around selected funds that are managed effectively and are offered at low-to-lower expense ratios. October Summary The small segment of thematic green bond funds, consisting of four mutual funds and three ETFs that offer investors exposure to environmental projects and investments while seeking market-based […]
Green bond funds suffer withdrawals in September
The Bottom Line: Green bond funds sustained their worst monthly decline in net assets while preliminary green bonds issuance data in September show another again. September Summary The segment of green bond funds, consisting of four mutual funds and three ETFs, sustained its worst monthly decline in net assets in September. Net assets dropped by […]
Green bond funds attract assets even as performance has been deeply in the red
The Bottom Line: Gains in assets over the last four months shows investor confidence in green bonds even as performance has been in the red. August Summary Assets attributable to the segment of green bond funds, four mutual funds and three ETFs, gained $63.2 million in net assets during the month of August to reach […]
Green bond funds reverse course in July 2022
The Bottom Line: Green bond funds reverse course in July 2022 while green bond volumes are are expected to benefit from the Inflation Reduction Act. July Summary Assets attributable to green bond funds, a segment consisting of four mutual funds and three ETFs, reversed a four-month decline in net assets largely due to capital depreciation. […]