Nuveen Global Net Zero Transition ETFNuveen Global Net Zero Transition ETFNuveen Global Net Zero Transition ETF

Nuveen Global Net Zero Transition ETF

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Key stats

Assets under management (AUM)
‪6.39 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
1.38%
Discount/Premium to NAV
−0.5%

About Nuveen Global Net Zero Transition ETF

Issuer
TIAA Board of Governors
Brand
Nuveen
Expense ratio
0.56%
Home page
Inception date
Jun 23, 2022
Index tracked
No Underlying Index
Management style
Active
NTZG invests in companies that could positively impact the carbon economy through their current or planned efforts to reduce greenhouse gas emissions. The fund focuses on the transition to a net zero economy, encompassing climate leaders, firms with disruptive technologies that support climate mitigation, and high carbon emitters whose carbon reductions may contribute to real-world emissions decline. To screen companies, the fund uses bottom-up, fundamental analysis. The fund intends to align with the Paris Climate Agreement and thus, will (i) seek to lower the carbon intensity of its portfolio annually, with the goal of a net zero portfolio by 2050 and (ii) engage with the portfolio companies each year in an effort to aid in the net zero transition. Companies involved in weapons and firearms are excluded from the portfolio. The fund may invest in any market capitalization globally, with at least 40% of assets allocated to non-US issuers and up to 25% invested in emerging markets.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Low carbon
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of June 13, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Producer Manufacturing
Finance
Stocks97.87%
Technology Services12.21%
Electronic Technology11.27%
Producer Manufacturing10.31%
Finance10.29%
Retail Trade9.18%
Health Technology9.05%
Industrial Services5.07%
Consumer Non-Durables4.69%
Energy Minerals4.64%
Utilities4.62%
Consumer Services4.47%
Process Industries3.43%
Health Services2.53%
Non-Energy Minerals1.84%
Consumer Durables1.77%
Commercial Services1.68%
Transportation0.82%
Bonds, Cash & Other2.13%
Miscellaneous1.43%
Cash0.70%
Stock breakdown by region
3%61%21%14%
North America61.08%
Europe21.31%
Asia14.22%
Oceania3.39%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows