Key stats
About Nuveen ESG Large-Cap ETF
Home page
Inception date
Jun 3, 2019
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
US67092P8620
NULC takes the popular ESG theme and slices it specifically within the large-cap space. The funds underlying index is derived from the MSCI USA Index, with further screening for ESG criteria. Environmental factors include impact on climate change, natural resource use, and emission management. Social categories include relationships with employees and suppliers, and product safety. Lastly, the governance criteria look at corporate governance and business ethics. Additionally, the index stays away from companies with involvement in alcohol, tobacco, firearms, gambling and nuclear weapons. The portfolio is weighted according to a multi-factor optimization algorithm that aims to keep holdings and performance similar to the parent index. The underlying index is rebalanced and reconstituted quarterly starting each February. Sibling fund NUSC applies the same strategy to US small caps.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NULC assets under management is 51.15 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NULC invests in stocks. See more details in our Analysis section.
NULC expense ratio is 0.21%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NULC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, NULC pays dividends to its holders with the dividend yield of 0.92%.
NULC shares are issued by TIAA Board of Governors
NULC follows the MSCI Nuveen ESG USA Large Cap. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 3, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.