KraneShares Global Carbon Strategy ETF logo

KraneShares Global Carbon Strategy ETF (KRBN)

Market Closed
12 Dec, 20:00
ARCA ARCA
$
35. 19
+0.12
+0.33%
$
164.95M Market Cap
6.57% Div Yield
12,317 Volume
$ 35.07
Previous Close
Day Range
35 35.19
Year Range
24.9 35.22
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Summary

KRBN closed today higher at $35.19, an increase of 0.33% from yesterday's close, completing a monthly increase of 2.86% or $0.98. Over the past 12 months, KRBN stock gained 20.01%.
KRBN pays dividends to its shareholders, with the most recent payment made on Dec 20, 2023. The next estimated payment will be in 20 Jun 2024 on Jun 20, 2024 for a total of $1.13014.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on ARCA (USD).

KRBN Chart

KRBN: Inflection Point For Global Carbon Allowances

KRBN: Inflection Point For Global Carbon Allowances

KRBN offers unique exposure to the global carbon credit market, providing portfolio diversification and a hedge against rising carbon costs for industrial assets. Key drivers for higher carbon prices include stricter EU emissions targets, US electricity demand growth, and tightening allowance supply across major markets. Despite recent price declines, I believe we've reached an inflection point, with economic recovery and policy tightening likely to drive carbon prices higher.

Seekingalpha | 5 months ago
Tariff Mayhem Hits Carbon Markets

Tariff Mayhem Hits Carbon Markets

U.S. trade policy continues to wreak havoc on global markets, impacting a range of asset classes. Carbon allowances experienced drawdowns leading up to the rollback of country-specific tariffs, with uneven impacts to different regions.

Etftrends | 8 months ago
KRBN Expands Coverage to Include Washington Carbon Market

KRBN Expands Coverage to Include Washington Carbon Market

Washington state's carbon market cleared a notable hurdle in November, receiving significant support from voters for its continuation. The KraneShares Global Carbon Strategy ETF (KRBN) now invests in Washington's regulated carbon allowance market, the only fund to do so.

Etftrends | 1 year ago

KraneShares Global Carbon Strategy ETF (KRBN) FAQ

What is the stock price today?

The current price is $35.19.

On which exchange is it traded?

KraneShares Global Carbon Strategy ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is KRBN.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 6.57%.

What is its market cap?

As of today, the market cap is 164.95M.

Has KraneShares Global Carbon Strategy ETF ever had a stock split?

No, there has never been a stock split.

KraneShares Global Carbon Strategy ETF Profile

ARCA Exchange
US Country

Overview

The company specializes in financial services with a focus on environmental sustainability. Through its strategic investment approaches, the firm aims to provide investors with exposure to the carbon credit market, particularly focusing on futures that necessitate physical delivery of emission allowances. These allowances are procured under various cap and trade systems designed to limit or reduce greenhouse gas emissions globally. By tracking an index that reflects the performance of a basket of liquid carbon credit futures, the company commits to offering investment solutions that not only aim for financial returns but also contribute to global efforts in combating climate change. Its portfolio is non-diversified, dedicating its efforts towards a highly specialized market segment.

Products and Services

  • Carbon Credit Futures Exposure

    The primary service provided is investment exposure to carbon credit futures. This involves managing a portfolio that closely mirrors the constituents of an index designed to reflect the performance of liquid carbon credit futures. These futures contracts are unique in that they require physical delivery of emission allowances, representing a legal right to emit a specific amount of carbon dioxide or other greenhouse gases. The aim is to provide investors with a means to benefit from the mechanics of cap and trade regimes while supporting environmentally sustainable initiatives.

  • Investment in Cap and Trade Regimes

    This service focuses on investments related to emission allowances issued under cap and trade programs. Cap and trade systems are designed to reduce emissions by setting a limit (cap) on pollution and allowing businesses to trade (buy and sell) permits to emit CO2 and other greenhouse gases. The company's investment strategy involves buying futures that require the physical delivery of these allowances, offering a unique opportunity for investors to engage with and support environmental policies directly through their investments.

Contact Information

Address: -
Phone: NA