Xtrackers Bloomberg Barclays US Investment Grade Corporate ESG ETF
IGIH
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
- IPO Date
- Mar 3, 2015
- CIK
- 0001503123
- Similar Companies
- Business
- Xtrackers Bloomberg Barclays US Investment Grade Corporate ESG ETF (ticker: IGIH, later changed to ESCR) is an exchange-traded fund that seeks investment results corresponding generally to the performance, before fees and expenses, of the Bloomberg Barclays MSCI US Corporate Sustainability SRI Sector/Credit/Maturity Neutral Index (now Bloomberg MSCI US Corporate Sustainability SRI Sector/Credit/Maturity Neutral Index); this underlying index applies environmental, social and governance (ESG) screens—including exclusion of issuers with ESG scores below BBB (per MSCI methodology), controversies flagged by MSCI's ESG monitoring, and specified business activities such as adult entertainment, alcohol, gambling, tobacco, nuclear power, controversial weapons, civilian firearms, thermal coal and fossil fuels—to the Bloomberg US Corporate Index parent universe of investment-grade corporate bonds, while reweighting remaining securities to approximate the parent index across sector, credit quality and maturity factors. Eligible bonds are US dollar-denominated, fixed-rate investment-grade corporate issues (middle rating of BBB- or higher from Moody's, S&P or Fitch) with at least $300 million par amount outstanding and one year to maturity; the fund employs representative sampling to track the index, normally investing at least 80% of net assets in such investment-grade corporate bonds and at least 80% of total assets in index components or representative instruments, with portfolio turnover around 17-25% annually. The fund concentrates investments where the index is concentrated, such as financial institutions (around 30-33%) and consumer non-cyclicals (around 15%), and engages in securities lending up to one-third of assets; it targets institutional and retail fixed-income investors seeking ESG-tilted exposure to the broad US investment-grade corporate bond market. The ETF, part of the Xtrackers suite issued by DBX ETF Trust and advised by DBX Advisors LLC (a DWS Group affiliate), was originally launched on March 3, 2015, as Xtrackers Investment Grade Bond – Interest Rate Hedged ETF under ticker IGIH, tracking the Solactive USD Investment Grade Bond - Interest Rate Hedged Index with a higher 0.25% management fee. In a major strategic shift effective May 12, 2020, the fund changed its name to Xtrackers Bloomberg US Investment Grade Corporate ESG ETF, adopted the new ESG-focused underlying index and ticker ESCR, and reduced its management fee to 0.15%, aligning with DWS's expansion of ESG fixed-income offerings amid rising demand for sustainable strategies. Xtrackers ETFs, managed by DWS Group headquartered in Frankfurt, Germany (with significant US operations), have grown to over €148-251 billion in assets under management globally as of recent data, providing passive index-tracking products across equities, fixed income, commodities and multi-asset classes primarily in Europe, the US and other developed markets. The fund was approved for closure and liquidation by its Board of Trustees on February 26, 2024, ceasing creations after market close on March 13, 2024, with final shareholder redemptions on or about March 22, 2024, due to low assets and trading volume. No further recent partnerships, funding, acquisitions or product launches specific to this ETF were identified post-2020 change and pre-liquidation.