Key Highlights

  • The fund holds 307 Investment grade green bonds denominated in U.S. dollars.
  • European Investment Bank, KfW and Ford Motor Company are among the largest issuers.
  • Net asset value is $46.26, after a one-day gain of $0.03, or 0.07%.
  • The 30-day SEC Yield is 5.35%, and distributions are paid monthly.

Green bonds finance projects with environmental benefits, and the iShares USD Green Bond ETF (NASDAQ:BGRN) offers a diversified way to hold them in a single fixed income fund. Figures in this article are current to November 9, 2026. The fund seeks to track an index of global investment grade U.S. dollar green bonds, whose proceeds are applied to environmental projects. Shares trade on Nasdaq and have been listed since November 2018.

Fund Fact

Detail

Exchange and ticker

NASDAQ: BGRN

Fund inception

November 13, 2018

Net assets

$495.0 million

Net asset value

$46.26

Daily NAV change

+$0.03 (+0.07%)

Expense ratio

0.20%

30-day SEC yield

5.35%

Distribution frequency

Monthly

Number of holdings

307

Issuer Mix and Portfolio Structure

Supranational and government-related issuers make up much of the portfolio. The European Investment Bank, KfW and the International Finance Corporation appear among the largest positions, alongside corporate issuers such as Ford Motor Company.

The effective duration of 4.76 years and weighted average Maturity of 7.01 years indicate an intermediate profile. The average yield to maturity of 5.38% reflects the current yield environment for the bonds held.

Income and Distribution Pattern

The 30-day SEC yield of 5.35% and the 12-month trailing yield of 4.45% describe the income the fund has produced. Monthly distributions have been relatively consistent, with recent payments around $0.17 per share.

Income moves with interest rates and with changes in the bonds held, so yields in future periods may differ from those shown.

Costs, Screens and Green Bond Limits

The expense ratio is 0.20%, consisting of a management fee of the same amount. The 30-day median bid-ask spread of 0.04% indicates low trading costs.

The fund applies screens for controversial weapons and thermal coal mining, and some holdings may still have thermal coal Revenue exposure at low thresholds. Green bond proceeds may not always produce direct environmental benefits, and the green focus limits the bonds available to the fund.

Final Word

The iShares USD Green Bond ETF offers a diversified portfolio of dollar-denominated green bonds with monthly income and an intermediate maturity profile. Its low expense ratio, screening approach and green bond focus define its character. Investors will weigh the environmental mandate against their Interest Rate and Credit goals.