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ESGB (IQ MacKay ESG Core Plus Bond ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The fund invests at least 80% of its assets in bonds, which include all types of debt securities. The fund generally seeks to invest in a broad portfolio of corporate, government, and mortgage-related and asset-backed securities. The fund will invest at least 80% of its assets in securities that meet MacKay Shields LLC’s (the “Subadvisor”) ESG criteria. The fund will generally seek to maintain a portfolio modified duration to worst within 2.5 years (plus or minus) of the duration of the Bloomberg U.S. Aggregate Bond Index.
Is ESGB's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Environmental, social, and governance (ESG) ratings are an increasingly prominent part of the investment lexicon and that theme extends to multiple asset classes, including bonds. As such, advisors and investors are clamoring for more fixed income exchange traded funds that integrate ESG principles.
In what's been a treacherous year in the bond market, it'd be reasonable to expect that investors are ditching fixed income funds. To an extent, that's true, but it's a matter of which bond funds they're departing.
The widely observed Bloomberg US Aggregate Bond Index is down 12% year-to-date, confirming that 2022 will be an utterly forgettable year for bonds. Six interest rate increases by the Federal Reserve will do that.
There are just a few weeks remain in 2022, meaning that now is as good of a time as any for investors to consider tax loss harvesting opportunities, of which there are plenty, including ESGB.
In a brutal year for fixed income assets, some advisors and investors may be looking for tax loss harvesting ideas or positioning for a 2023 bond rebound.