Today, August 5, Nuveen introduced the launch of three new energetic ETF choices, the Nuveen Small Cap Choose Fund (NSCS), the Nuveen Santa Barbara Dividend Development Fund (NDVG), and the Nuveen Winslow Giant-Cap Development ESG Fund (NWLG).
All three of Nuveen’s new ETFs are actively managed and semi-transparent, which implies that holdings are solely disclosed month-to-month. As with ETFs that observe indexes, semitransparent ETFs carry the identical tax-efficiency and liquidity advantages of an ETF. All three of the ETFs observe present methods which might be carried inside Nuveen’s mutual funds.
“These confirmed fairness methods incorporate our distinctive mixture of experience in inventory choice, analytics and portfolio modeling with product structuring capabilities throughout the size of our $1.2 trillion platform,” mentioned Jordan Farris, Head of ETF Product, Nuveen, within the press launch. “We’re dedicated to offering alternative to purchasers inside their most popular wrapper and the chance to construct portfolios throughout our vary of merchandise, together with mutual funds, closed-end funds, and each index and energetic ETF choices.”
Nuveen Small Cap Choose ETF NSCS
NCSC is a diversified ETF that invests in small cap firms which might be buying and selling at a reduction to their intrinsic worth when there may be an obvious catalyst. It attracts from the small cap definition of the Russell 2000 Index, whose vary was $41 million to $12.Four billion. Nuveen selects shares which might be attractively valued in comparison with their friends, have sturdy or bettering money flows, income, and earnings progress, and now have an identifiable catalyst that might enhance worth within the subsequent one to 2 years.
NSCS carries an expense ratio of 0.85% and, as an energetic, semi-transparent fund, it lists a proxy portfolio every day, which incorporates a few of however not the precise holdings of the fund.
Nuveen Dividend Development ETF NDVG
NDVG focuses on prime mid- to large-cap firms which have the potential for sustainable dividend progress that gives a complete return based mostly on revenue and capital appreciation whereas additionally lowering publicity to danger. As some sectors sometimes yield greater dividends than others, the fund can have larger publicity to the upper dividend-yield sectors and industries than the broader market at instances. It defines dividend paying property as people who have paid dividends within the earlier twelve months or have introduced that they are going to be paying dividends inside the subsequent twelve months.
This ETF is predicated on the preferred energetic fairness fund by flows in This autumn of 2020 and carries an expense ratio of 0.64%. As an energetic, semi-transparent fund, it lists a proxy portfolio every day, which incorporates a few of however not the precise holdings of the fund.
Nuveen Winslow Giant-Cap Development ESG ETF NWLG
NWLG supplies long-term capital appreciation in that it selects firms exhibiting above common earnings progress whereas assessing ESG components, giving buyers built-in, energetic progress publicity. It invests primarily in large-cap U.S. firms that exhibit ESG traits using a bottom-up funding strategy that focuses on progress. NWLG selects firms based mostly on some or all the following standards: in an business with progress potential; leads or good points market share; has identifiable and sustainable aggressive benefit; is managed by a crew that may keep the benefit; excessive, with a choice to rising, ROI; demonstrates ESG traits; deploys extra money movement to reinforce shareholder returns; and demonstrates sound company governance.
The fund carries an expense ratio of 0.64% and, as an energetic, semi-transparent fund, it lists a proxy portfolio every day, which incorporates a few of however not the precise holdings of the fund.
About Nuveen
Nuveen is the funding supervisor of TIAA and supplies merchandise for institutional and particular person buyers. Nuveen has $1.2 trillion in AUM as of the top of June and operates in 27 completely different nations.
All three funds are managed by a complete of seven portfolio managers who collectively oversee greater than $185 billion in AUM and convey with them 9 many years of expertise.
Nuveen at present provides over sixteen ETFs with $4.1 billion in AUM as of the top of June. Of the index monitoring ETFs, ten of the 13 have ESG and low-carbon elements and standards.
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