Symbols

NUAG

Nuveen Enhanced Yield U.S. Aggregate Bond ETF·NYSE

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Key Stats

Assets Under Management

65.23MUSD

Fund Flows (1Y)

30.82MUSD

Dividend Yield

4.41%

Discount/Premium to NAV

0.05%

Shares Outstanding

3.08M

Expense Ratio

0.19%

About Nuveen Enhanced Yield U.S. Aggregate Bond ETF

Issuer

Nuveen Securities

Brand

Nuveen

Home Page

https://www.nuveen.com/en-us/exchange-traded-funds/nuag-nuveen-enhanced-yield-us-aggregate-bond-etf

Inception Date

Sep 14, 2016

Structure

Open-Ended Fund

Index Tracked

ICE BofA Enhanced Yield U.S. Broad Bond Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Nuveen Fund Advisors LLC

Distributor

Nuveen Securities LLC

NUAG tracks an index that aims to offer enhanced exposure to the broad US investment-grade universe. Starting with a typical broad investment-grade index, NUAG's index breaks the universe into 38 individual categories and reweights the categories to maximize yield-to-worst, subject to multiple constraints to ensure the resulting exposure still resembles the general sector, risk, and quality profile of the parent index. NUAG may be an option for investors looking to add yield while wanting to maintain a passive and market-like exposure to the broad US investment grade universe. The index invests across varying maturities and is rebalanced monthly.