NUSB

Nuveen Ultra Short Income ETF

$25.28

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Nuveen Ultra Short Income ETF (NUSB) seeks to provide current income consistent with preservation of capital.

Overview

ETF tracking Nuveen Ultra Short Income ETF

Category Inverse

Issuer Other

Inception Date 2024-03-06

Market Cap $154.8M

Average Volume N/A

Dividend Yield 3.71%

52-Week Range $25.14 - $25.34

VWAP $25.28

Performance

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Investment Summary

📎 Investment Objective

The Nuveen Ultra Short Income ETF (NUSB) seeks to provide current income consistent with preservation of capital.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of high-quality, short-duration fixed income securities, including U.S. government securities, corporate bonds, mortgage-backed securities, and asset-backed securities. The fund aims to maintain a weighted average effective duration of one year or less.

✨ Key Features

Focuses on high-quality, short-term fixed income securities to generate current income
Maintains a weighted average effective duration of one year or less to reduce interest rate risk
Seeks to provide a low-risk, low-volatility investment option for conservative investors
Expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: The fund may have difficulty selling certain securities, especially in volatile markets
Market risk: The fund's value may fluctuate due to changes in overall market conditions

👤 Best For

The Nuveen Ultra Short Income ETF is best suited for conservative investors seeking current income and capital preservation, with a low tolerance for risk and volatility. It may be appropriate as a cash management or short-term fixed income allocation within a diversified portfolio.