Xtrackers Bloomberg US Investment Grade Corporate ESG ETF
ESCR
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 875 Third Avenue New York NY United States of America 10022
- IPO Date
- Mar 2, 2020
- CIK
- 0001503123
- Similar Companies
- Business
- Xtrackers Bloomberg US Investment Grade Corporate ESG ETF (ESCR) is an exchange-traded fund managed by DBX Advisors LLC, a subsidiary of DWS Group, that seeks investment results corresponding generally to the performance, before fees and expenses, of the Bloomberg US Corporate Sustainability SRI Sector/Credit/Maturity Neutral Index. The fund primarily invests at least 80% of its net assets, plus any borrowings for investment purposes, in investment-grade corporate bonds; specifically, it targets US dollar-denominated, fixed-rate corporate bonds rated investment-grade by major agencies such as Moody's, S&P, and Fitch, with a minimum par amount of $300 million, while applying ESG screens that exclude issuers with MSCI ESG scores below BBB and those involved in significant controversies. It employs a sampling strategy to replicate the index's risk, return, and other characteristics, concentrating exposure in sectors like consumer products, food and beverage, health care, pharmaceuticals, and supermarkets to the extent reflected in the underlying index. The ETF lists its holdings across maturities but emphasizes broad investment-grade fixed income exposure with integrated ESG factors derived from the Bloomberg US Corporate Index parent universe. Securities lending is utilized, with up to one-third of total assets lent to approved institutions like broker-dealers and banks in exchange for liquid collateral. Incorporated in the USA and listed on Cboe BZX Exchange, Inc., the fund targets institutional and retail investors seeking sustainable corporate bond exposure within the fixed income segment. Originally launched around May 2020 as Xtrackers Investment Grade Bond – Interest Rate Hedged ETF under ticker IGIH, the fund underwent a major strategic shift effective May 12, 2020, renaming to Xtrackers Bloomberg Barclays US Investment Grade Corporate ESG ETF (still ESCR) and adopting its current ESG-focused objective and index. A further name update occurred in August 2021 to its present form, Xtrackers Bloomberg US Investment Grade Corporate ESG ETF. In a significant recent development, DWS announced the ETF's closure and liquidation in February 2024, with trading ceasing March 13, 2024, and proceeds distributed to shareholders around March 22, 2024, as part of a broader product rationalization affecting six underperforming Xtrackers ETFs. Headquartered at 875 Third Avenue, New York, NY 10022, USA, through DWS operations, the fund operated domestically with a focus on US corporate issuers but ceased activities in 2024 amid DWS's ongoing portfolio optimizations, including new factor-based ETF launches in 2025.