Carbon Collective Short Duration Green Bond ETF (CCSB)
Carbon Collective Short Duration Green Bond ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $19.86, down 0.20% on the session, giving a market capitalisation of $25.9M. Its beta of 0.06 implies it has historically moved less than the broad market.
CCSB aims to deliver returns while fostering environmental sustainability through investment grade corporate bonds. The fund focuses on self-labeled or Climate Bond Standard (CBS) certified bonds, as well as those issued by companies identified as pure-play entities. Eligible securities commit to core principles such as transparent use of proceeds, project evaluation, management of proceeds, and consistent environmental performance reporting. The fund prioritizes bonds with strong business profiles and value opportunities. Existing securities are evaluated against the secondary market to maximize returns and CO2e reduction. The fund manages credit risk associated with interest rate fluctuations while maintaining moderate income stability by maintaining an average duration of under five years. The portfolio consists of bonds issued in multiple currencies and may include junk bonds, capped at 20%. Companies with significant revenue from unsustainable industries are excluded.
Carbon Collective Short Duration Green Bond ETF is most often compared with the following Financial Services names: