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Fund Securities Holdings Report:  Top Holdings of Largest Actively Managed Sustainable Bond Funds

Introduction and Summary A review and analysis of the holdings representing investments by the largest actively managed sustainable [1]intermediate investment-grade bond funds as of September 30, 2019, all members of the Sustainable (SUSTAIN) Bond Fund Index, reflects significant variation in the composition of their portfolios across funds and relative to their conventional benchmark, the Bloomberg […]

Sustainable Funds Securities Holdings Report: Top Stocks of Largest Foreign Equity Funds

Introduction/Summary A review and analysis of the top 10 stocks held by the largest actively managed sustainable investment foreign mutual funds based on holdings as of September 30, 2019, all members of the Sustainable (SUSTAIN) Foreign Equity Fund Index and benchmarked against the MSCI ACWI ex USA Index consisting of stocks issued by large or […]

Facebook Holdings in US Equity ESG ETFs Shows Material Variation in Approach

Introduction and Summary Core US equity-oriented sustainable exchange traded funds (ETFs), defined as broad-based US stock funds that provide exposure to socially responsible companies by screening eligible companies for positive environmental social and governance (ESG) characteristics, exhibit material variations in their approach to investments. These involve definitions of socially responsible companies, ESG considerations and resultant […]

Are Tesla’s Senior Notes Green? Analysis of Tesla’s Sustainable Bonds

Since the announcement on August 11 and successful placement of Tesla’s $1.80 billion Senior Notes, some disappointment has been expressed by the fact that Tesla didn’t formally qualify as green the company’s newly issued notes. It was suggested that issuing designated green bonds (or notes, in this instance) would have been a way to highlight […]