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About Nuveen ESG International Developed Markets Equity ETF
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Inception date
Jun 6, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
ISIN
US67092P8059
NUDM screens for firms with positive ESG aspects in the developed markets ex-NA space. Index construction starts with a selection universe from its base index MSCI EAFE Index, which it trims down by applying a series of ESG screens. The screens attempt to capture different facets of ESG, such as compliance with international laws, relations with employees, and carbon emissions. The screens also exclude certain controversial businesses such as alcohol, tobacco, gambling, and weapons. The remaining firms are scored on ESG factors, and the top scoring firms within each sector (the top 50% by market cap) are selected for inclusion in the fund. NUDMs portfolio is weighted by a multifactor optimizer that tries to minimize any risk and return distortions created by the funds ESG screen. The portfolio is rebalanced and reconstituted quarterly. NUEM is a sibling fund with an emerging markets exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Health Technology
Stocks99.55%
Finance27.56%
Producer Manufacturing10.86%
Health Technology10.41%
Consumer Non-Durables9.24%
Technology Services5.98%
Electronic Technology5.80%
Consumer Durables5.06%
Transportation3.61%
Utilities3.60%
Communications3.43%
Commercial Services2.84%
Non-Energy Minerals2.42%
Process Industries1.64%
Retail Trade1.60%
Consumer Services1.57%
Miscellaneous1.46%
Industrial Services1.46%
Distribution Services0.58%
Energy Minerals0.41%
Bonds, Cash & Other0.45%
UNIT0.37%
Cash0.08%
Temporary0.01%
Stock breakdown by region
Europe64.74%
Asia26.79%
Oceania7.55%
Middle East0.91%
North America0.00%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NUDM invests in stocks. The fund's major sectors are Finance, with 27.56% stocks, and Producer Manufacturing, with 10.86% of the basket. The assets are mostly located in the Europe region.
NUDM top holdings are ASML Holding NV and SAP SE, occupying 2.71% and 2.66% of the portfolio correspondingly.
NUDM last dividends amounted to 1.00 USD. The year before, the issuer paid 0.92 USD in dividends, which shows a 7.67% increase.
Yes, NUDM pays dividends to its holders with the dividend yield of 2.73%. The last dividend (Dec 19, 2024) amounted to 1.00 USD. The dividends are paid annually.
NUDM shares are issued by TIAA Board of Governors under the brand Nuveen. The ETF was launched on Jun 6, 2017, and its management style is Passive.
NUDM expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
NUDM follows the MSCI Nuveen ESG International DM. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NUDM invests in stocks.