Robeco High Income Green Bonds DH USD

Invest in green bonds with an attractive yield

Share classes Share classes Every share class of a product invests in the same portfolio of securities and has the same investment objectives and policies. However, their parameters might deviate. For instance and amongst others, their distribution type, currency exposure or fees and expenses might differ. The most common share classes at Robeco are: a) D/DH shares, which are regular shares and available for all Investors; b) I/IH shares, for institutional investors as defined from time to time by the Luxembourg supervisory authority. For more information on share classes please go to the prospectus.

Class and codes

Asset class
Bonds
ISIN
LU2818099546
Bloomberg
ROHGIDH LX

Asset class

Bonds

ISIN

LU2818099546

Bloomberg

ROHGIDH LX

Sustainability-related information
Sustainability-related information
Under the EU Sustainable Finance Disclosure Regulation, products can be labelled as either Article 6, 8 or 9 fund.
Article 6 - The fund is not in scope of enhanced sustainability disclosures compared to Article 8 and 9.
Article 8 - The fund does not have a sustainable investment objective but promotes environmental or social characteristics and is subject to enhanced sustainability disclosures.
Article 9 - The fund has a sustainable investment objective and is subject to enhanced sustainability disclosures.
Regardless of Article 8 or 9, the companies in which investments are made must follow good governance practices, and sustainable investments must not do any significant harm.

Article 9

Overview Performance & costs Portfolio Sustainability Commentary Documents

Key points

Invests globally in high yielding green bonds
Uses a proprietary five-step bond selection framework to determine the eligibility of green bonds
Benefits from the long experience and strong track records of Robeco's Credit Team

About this fund

Robeco High Income Green Bonds is an actively managed sub-fund that invests in green bonds globally issued by corporates, governments, government-related agencies. The selection of these bonds is based on fundamental analysis. Other bonds that can be invested in are either social bonds, and sustainable bonds. The selection of these bonds is based on fundamental analysis. The Sub-fund will seek to maintain a high and consistent level of income by investing in a broad array of sectors within green bonds.

Key facts

Per 31-10-2025

Total size of fund	USD 14,284,314
Size of share class	USD 118,851
Inception date share class	25-06-2024
1-year performance	7.04%
Dividend paying	No

Fund manager

Evert Giesen
Joost Breeuwsma

Evert Giesen is Portfolio Manager Investment Grade in the Credit team. Previously, he was an Analyst, responsible for covering the Automotive sector within the Credit team. Prior to joining Robeco in 2001, Evert worked at AEGON Asset Management for four years as a Fixed Income Portfolio Manager. He has been active in the industry since 1997 and holds a Master's in Econometrics from Tilburg University. Joost Breeuwsma is Portfolio Manager Investment Grade in the Credit team. He has a focus on European investment grade portfolios and global green bond portfolios. Prior to starting his career and joining Robeco in 2017 as a credit analyst, he obtained a Master’s with Distinction in Financial Mathematics from King’s College London.

Per period	Fund	Reference index
1 month	0.56%	-
3 months	1.56%	-
YTD	5.67%	-
1 year	7.04%	-
Since inception 24-06-2024	7.85%	-

Cost of this fund	Percentage
Ongoing charges Indication of annual charges that are deducted for this fund. This indication is based on the costs over the last calendar year and may vary from year to year. Transaction costs incurred by the fund, any performance fees and other one-off costs are not included in the ongoing charges.	1.01%
Included management fee A fee paid by the fund to the asset management company for the professional management of the fund.	0.80%
Included service fee This fee is intended to cover official fees, such as the cost of annual reports, annual shareholders' meetings and price publications.	0.16%

Fiscal product treatment

The fund is established in Luxembourg and is subject to the Luxembourg tax laws and regulations. The fund is not liable to pay any corporation, income, dividend or capital gains tax in Luxembourg. The fund is subject to an annual subscription tax ('tax d'abonnement') in Luxembourg, which amounts to 0.05% of the net asset value of the fund. This tax is included in the net asset value of the fund. The fund can in principle use the Luxembourg treaty network to partially recover any withholding tax on its income.

Fiscal treatment of investor

The fiscal consequences of investing in this fund depend on the investor's personal situation. For private investors in the Netherlands real interest and dividend income or capital gains received on their investments are not relevant for tax purposes. Each year investors pay income tax on the value of their net assets as at 1 January if and inasmuch as such net assets exceed the investor’s tax-free allowance. Any amount invested in the fund forms part of the investor's net assets. Private investors who are resident outside the Netherlands will not be taxed in the Netherlands on their investments in the fund. However, such investors may be taxed in their country of residence on any income from an investment in this fund based on the applicable national fiscal laws. Other fiscal rules apply to legal entities or professional investors. We advise investors to consult their financial or tax adviser about the tax consequences of an investment in this fund in their specific circumstances before deciding to invest in the fund.

Market development

Per 31-10-2025

Markets stayed firm in October as an extended US China trade truce, solid data and decent earnings supported risk assets. Early tariff threats from President Trump sparked a risk-off move, but later meetings with President Xi delivered a renewed truce and scaled back planned measures. Equities finished higher, with the S&P 500 up for a sixth consecutive monthly gain and Japanese stocks rallying after Sanae Takaichi became prime minister. Rates rallied alongside risk and supported credit. The Fed cut its policy rate by 25 bps in late October but signaled that another move in December was not assured, leaving the 10-year Treasury yield at 4.08 percent, its lowest close in over a year. The ECB and Bank of Japan left policy unchanged. Credit markets digested the cross currents with resilience. Concerns around private credit and regional banks weighed on financials, but fundamentals and inflows kept global spreads broadly stable. Precious metals extended their rally, with gold moving above 4,000 dollars per ounce for the first time. Issuance, by large hyperscalers, briefly weighed on spreads, particularly in the US.

Performance explanation

Per 31-10-2025

Based on transaction prices, the fund's return was 0.56%. The portfolio recorded a positive total monthly return, gross of fees. Our issuer selection carried some of the performance. Our duration positioning made a positive contribution over the month, especially as European rates in the short end tightened. All names provided a positive or neutral contribution for the month, except one: Slovenska Sporitelna.

Expectation of fund manager

Evert Giesen
Joost Breeuwsma

Credit markets remain comfortably numb: spreads hover near cycle tights and risk appetite holds even as growth slows and inflation risks persist. Strong technicals and fading memories of drawdowns keep investors long, yet valuations leave no margin for error. In the US, credit defies weakening fundamentals: softer labor demand, margin pressure, and political interference at the Fed risk reigniting inflation into a cooling economy. Tariff pass-through and sticky services prices lift stagflation risk, so complacency is the enemy. We stay defensive, favoring shorter spread duration and higher quality issuers. Europe remains our preferred region given sturdier balance sheets, near target inflation, and supportive technicals. In IG, we keep spread duration short, underweight in long dated USD, and tilt up in quality. In HY, we run roughly neutral beta in BB and B, avoid CCC, and hunt idiosyncratic carry. We take profits in European corporate hybrids after sharp tightening, and stay overweight in European bank subs. EM technicals are constructive, but stretched valuations argue for selection over beta. Bottom line: we are cautious on valuations, constructive on technicals, and patient on adding risk.

Important information

Past performance is no indication of current or future performance. This is not a buy, sell or hold recommendation for any particular security. No representation is made that these examples are past or current recommendations, that they should be bought or sold, nor whether they were successful or not.

Any opinion or estimate contained in this website is made on a general basis and is not to be relied on by the reader as advice. Robeco reserves the right to make changes and corrections to its opinions expressed here, this website and the associated materials and links at any time, without notice.

Robeco High Income Green Bonds DH USD

Invest in green bonds with an attractive yield

Key points

About this fund

Key facts

Fund manager

Performance

Costs

Fiscal product treatment

Fiscal treatment of investor

Fund allocation

Policies

Market development

Performance explanation

Expectation of fund manager

Fund documents

Annual and Semi-Annual Reports

Announcements

Important information

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