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Old 05-18-2024 | 06:36 PM
  #25  
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crazyjaydawg
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Originally Posted by Planetrain

Top 9 Holdings (97.49% of Total Assets)

jaydawg- not trying to pick a fight, but a quick google shows the top 9 holdings of LIRIX. None appear to be heavily ESG by design, more of a convenience of holdings if it truly is heavy ESG. IDK 🤷
eg Russel 1000 index isn’t an “ESG” holding per se.
I wouldn’t consider US Intermediate Bond fund ESG either, even though our govt is woke.
Looks like a bunch of indexes to me.


Symbol Company % Assets
BRGKX iShares Russell 1000 Large-Cap Idx K 23.35%
BIGBX iShares U.S. Intermediate Government Bond Index Fund 19.77%
BISBX iShares US Securitized Bond Index 14.61%
IXUS iShares Core MSCI Total International Stock ETF 12.28%
BICBX iShares U.S. Intermediate Credit Bond Index Fund 9.16%
TIP iShares TIPS Bond ETF 7.84%
BLGBX iShares US Long Government Bond Idx 6.09%
BKRDX iShares Developed Real Estate Idx K 2.22%
BLCBX iShares US Long Credit Bond Index 2.17%


Here’s the top holdings of the largest asset of LIRIX, BRGKX

Top 10 Holdings (28.85% of Total Assets)

SymbolCompany% Assets
MSFT
Microsoft Corporation6.39%
AAPL
Apple Inc.5.10%
NVDA
NVIDIA Corporation4.38%
AMZN
Amazon.com, Inc.3.31%
META
Meta Platforms, Inc.2.19%
GOOGL
Alphabet Inc.1.83%
BRK-B
Berkshire Hathaway Inc.1.57%
GOOG
Alphabet Inc.1.56%
LLY
Eli Lilly and Company1.34%
JPM
JPMorgan Chase & Co.1.18%
No fight, honestly pretty fair discussion. The top 10 of the Russell (BRGKX) mirrors the S&P. That fund has also done really well. It’s the only bright spot there. The ESG rating just needs 50% weight to factor in ESG in a fund that is this bond heavy. I think most govt funds qualify.

The other funds, the bonds really, have been complete trash. The BIGBX has returned a whopping .96% since inception. That’s better than most other bond funds which have been consistently losing money since the pandemic.

I guess we don’t need to turn this into a bond vs equity or investment risk discussion, but I don’t understand how so many people that are critical of US fiscal policy (and many others) still turn around and put their money somewhere that is heavy on US govt bonds.

Bonds have a time and place in portfolios, but I just don’t see the value in US govt bonds right now. I mean that from both a performance standpoint and ESG.
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