Key stats
About Nuveen AA-BBB CLO ETF
Home page
Inception date
Dec 11, 2024
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US67092P7309
NCLO provides USD-denominated CLO exposure, seeking total returns primarily through current income. The fund focuses on debt tranches rated AA+ to BBB- or equivalent. CLOs include senior secured, unsecured, subordinate, and covenant-lite loans. The fund has no restrictions on maturity and may invest in floating- and fixed-rates. To manage risk, the fund limits exposure to 5% in any single CLO and 15% with any single CLO manager and excludes CLO equity and tranches rated below B-. While the fund predominantly invests in investment-grade securities, it may allocate up to 10% of assets to non-investment-grade CLOs. Additionally, up to 20% of assets may be held in cash or fixed-income ETFs.
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
Securitized
Bonds, Cash & Other100.00%
Securitized98.10%
Cash1.90%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NCLO last dividends amounted to 0.16 USD. The month before, the issuer paid 0.13 USD in dividends, which shows a 17.12% increase.
NCLO assets under management is 79.79 M USD. It's fallen 21.23% over the last month.
NCLO fund flows account for 54.46 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NCLO pays dividends to its holders with the dividend yield of 5.94%. The last dividend (Sep 3, 2025) amounted to 0.16 USD. The dividends are paid monthly.
NCLO shares are issued by TIAA Board of Governors under the brand Nuveen. The ETF was launched on Dec 11, 2024, and its management style is Active.
NCLO expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
NCLO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NCLO invests in bonds.
NCLO price has risen by 0.48% over the last month, and its yearly performance shows a −0.16% decrease. See more dynamics on NCLO price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.67% increase in three-month performance and has increased by 4.13% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.67% increase in three-month performance and has increased by 4.13% in a year.
NCLO trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.