Sustainalytics Review of the Sage Taxable ESG Portfolio as of December 31, 2019
To be eligible for the ESG portfolio, the issuer must be considered at least an average performer in their subindustry (Overall ESG Score percentile of >66%), and must not be involved in any major environmental, social or governance controversies (defined as Category 4 or 5, based on Sustainalytics’ methodology). The framework allows for 15% of corporate holding to be issuances that do not meet the above criteria due to risk and liquidity considerations. As of December 2019, 82.2% of corporate bond holdings were considered eligible under the established framework, with 17.8% of the holdings included for liquidity and risk considerations. Six holdings were exposed to a controversy rated at the category 4 level, and no holdings were exposed to a Category 5 level controversy. Furthermore, 52% of portfolio holdings ranked in the top 20% of their respective peergroup for Overall ESG Score, reflecting industry leading ESG performance.
Sage Responsible Investment Policy
At Sage Advisory Services, we believe environmental, social and governance (ESG) considerations are an important driver of long-term investment returns from both. . .
Sage ESG Intermediate Credit Index — July 2019
This report compares the Sage ESG Intermediate Credit Index (GUDBESG or “the Index”) to the broad index, the Bloomberg Barclays U.S. Intermediate Credit Index (BBIC).
Highlights and Holdings 2Q19
Highlights & Holdings provides a thoughtful analysis for some of the key holdings in Sage’s Environmental, Social, and Governance (ESG) portfolios. . . .