Investors searching for yield and a way to make a positive impact on the environment may want to consider green bonds.
BGRN 1Y mountain iShares USD Green Bond ETF 1-year performance Green bonds are considered part of the growing asset class known as GSS+: green, social, sustainability, sustainability-linked and transition bonds, according to Morningstar.
What sets green bonds apart Green bonds tend to have longer durations than their general counterparts.
The firm's parent company, TIAA, invests in green bonds through its TIAA-CREF Green Bond Fund (TGROX) .
"The U.S. plays an important role in the green bond market, without any doubt.
Persons:
Kay Haigh, Management's, Green, Morningstar, they've, Shannon Kirwin, Bram Bos, Stephen Liberatore, Liberatore, It's, Goldman's Bos, Bos
Organizations:
Green Bond, Goldman, Morningstar, Goldman Sachs Asset Management, Green Bond Fund, Federal, Treasury
Locations:
Goldman Sachs, Nuveen, U.S, Europe