NUHY

Nuveen ESG High Yield Corporate Bond ETF

$21.55
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) seeks to provide a high level of current income while investing in a portfolio of high-yield corporate bonds that meet certain environmental, social and governance (ESG) criteria.

Overview

ETF tracking Nuveen ESG High Yield Corporate Bond ETF

Issuer Other
Inception Date 2019-09-26
Market Cap $97.0M
Average Volume N/A
Dividend Yield 5.40%
52-Week Range $20.31 - $21.82
VWAP $21.55

Performance

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Investment Summary

📎 Investment Objective

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) seeks to provide a high level of current income while investing in a portfolio of high-yield corporate bonds that meet certain environmental, social and governance (ESG) criteria.

🎯 Investment Strategy

The fund invests primarily in high-yield corporate bonds that have been screened to exclude issuers that do not meet Nuveen's ESG standards. The portfolio is actively managed, with the goal of generating a high level of current income while maintaining an ESG-focused investment approach.

✨ Key Features

  • Focuses on high-yield corporate bonds that meet ESG criteria
  • Actively managed portfolio seeking to generate high current income
  • Employs Nuveen's proprietary ESG screening process
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • High-yield bond risk: Invests in lower-rated, higher-risk corporate bonds
  • Credit risk: Issuers may fail to make timely interest or principal payments
  • Interest rate risk: Bond prices may decline as interest rates rise
  • ESG investment risk: ESG criteria may limit investment opportunities

👤 Best For

This ETF may be suitable for investors seeking high current income and exposure to ESG-focused high-yield corporate bonds as part of a diversified fixed income allocation. It may be most appropriate for investors with a higher risk tolerance and a longer-term investment horizon.