Key stats
About KraneShares Global Carbon Strategy ETF
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Inception date
Jul 30, 2020
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
KRBN is the first US-listed ETF to provide access to the carbon allowances futures market. The fund tracks an index that provides exposure to cap-and-trade carbon allowances via futures. The index selects and weights contracts maturing in December of the next one to two years that meet minimum trading volume and dollar values, subject to limits. The index covers three major European and North American cap-and-trade programs: European Union Allowances (EUA), California Carbon Allowances (CCA), and the Regional Greenhouse Gas Initiative (RGGI). The fund also utilizes a Cayman Island subsidiary and may hold ultra-short-term, investment-grade fixed income securities as necessary collateral. Rebalancing and reconstitution is done annually in November. Prior to March 19, 2021, KRBN was named KFA Global Carbon ETF. Also, prior to December 3, 2021, the fund was named KraneShares Global Carbon ETF and was actively managed.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Mutual fund
Bonds, Cash & Other100.00%
ETF63.57%
Mutual fund32.22%
Cash4.21%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KRBN last dividends amounted to 2.08 USD. The quarter before, the issuer paid 1.13 USD in dividends, which shows a 45.72% increase.
KRBN assets under management is 158.46 M USD. It's risen 4.26% over the last month.
KRBN fund flows account for −129.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KRBN pays dividends to its holders with the dividend yield of 7.14%. The last dividend (Dec 18, 2024) amounted to 2.08 USD. The dividends are paid quarterly.
KRBN shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Jul 30, 2020, and its management style is Passive.
KRBN expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
KRBN follows the IHS Markit Global Carbon Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KRBN invests in funds.
KRBN price has risen by 5.70% over the last month, and its yearly performance shows a −17.55% decrease. See more dynamics on KRBN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.85% increase in three-month performance and has decreased by −11.41% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.85% increase in three-month performance and has decreased by −11.41% in a year.
KRBN trades at a premium (0.58%) meaning the ETF is trading at a higher price than the calculated NAV.