BofA shifts to overweight on U.S. high-grade
- Seeking Alpha
As of March 22, 2024, DBX ETF Trust - Xtrackers Bloomberg US Investment Grade Corporate ESG ETF has gone out of business.? DBX ETF Trust - Xtrackers Bloomberg US Investment Grade Corporate ESG ETF is an exchange traded fund launched and managed by DBX Advisors LLC. The fund invests in fixed income markets of the United States. It primarily invests in investment-grade corporate bonds that are rated BBB- or higher by S&P or Fitch or Baa3 or higher by Moody’s and have at least one year to maturity. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the Bloomberg MSCI US Corporate Sustainability SRI Sector/Credit/Maturity Neutral Index, by using representative sampling technique. The fund does not invest in securities of companies operating across adult entertainment, alcohol, gambling, tobacco, nuclear and controversial weapons, civilian firearms, nuclear power and genetically modified organisms sectors. DBX ETF Trust - Xtrackers Bloomberg US Investment Grade Corporate ESG ETF was formed on March 3, 2015 and is domiciled in the United States.