Nushares ETF Trust - Nuveen AA-BBB CLO ETF (NCLO) Dividend Yield, History & Forecast

Nushares ETF Trust - Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $156M.

NCLO fund composition

NCLO holds 108 positions, with 0.1% of assets in its ten largest. It charges an expense ratio of 0.26%, and manages $157.7M.

Top 10 holdings

HoldingWeight
GVMXXSTATE STREET INSTITUTION0.07%

Sector allocation

Securitized99.3%Corporate0.7%Cash & Others0.1%

Frequently Asked Questions about Nushares ETF Trust - Nuveen AA-BBB CLO ETF (NCLO)

What does Nushares ETF Trust - Nuveen AA-BBB CLO ETF invest in?
NCLO provides USD-denominated CLO exposure, seeking total returns primarily through current income. The fund focuses on debt tranches rated AA+ to BBB- or equivalent. CLOs include senior secured, unsecured, subordinate, and covenant-lite loans. The fund has no restrictions on maturity and may invest in floating- and fixed-rates. To manage risk, the fund limits exposure to 5% in any single CLO and 15% with any single CLO manager and excludes CLO equity and tranches rated below B-. While the fund predominantly invests in investment-grade securities, it may allocate up to 10% of assets to...