Key stats
About Nuveen High Yield Corporate Bond ETF
Home page
Inception date
Sep 23, 2025
Structure
Open-Ended Fund
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
US67092P6806
NHYB provides exposure to US dollar corporate bonds rated between BB and B that are actively paying coupons. The fund utilizes a market capitalization strategy, with a limit on any single issuers weight. If the number of issuers becomes very small, the index shifts to equal weighting. The index draws from a wide mix of corporate issuers across sectors but remains focused on the high-yield credit tier. It reviews and rebalances monthly, adjusting bond weights and membership to reflect new data and outstanding amounts, and holds coupon cash flows until the month-end rebalance. NHYB reflects these mechanics in its portfolio and may also hold derivatives, US government obligations, cash equivalents, or similar instruments to manage liquidity and maintain alignment with the index. The fund is structured to mirror the indexs rules and maintain the BB to B credit profile across a broad range of corporate issuers.
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
Corporate
Bonds, Cash & Other100.00%
Corporate99.74%
Cash0.26%
Stock breakdown by region
North America92.14%
Europe5.58%
Asia1.58%
Oceania0.60%
Africa0.11%
Latin America0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NHYB assets under management is 225.08 M USD. It's risen 800.69% over the last month.
NHYB fund flows account for 199.86 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.
No, NHYB doesn't pay dividends to its holders.
NHYB shares are issued by TIAA Board of Governors under the brand Nuveen. The ETF was launched on Sep 23, 2025, and its management style is Passive.
NHYB expense ratio is 0.08% meaning you'd have to pay 0.08% of your investment to help manage the fund.
NHYB follows the ICE BofA BB-B US Cash Pay High Yield Constrained Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NHYB invests in bonds.
NHYB trades at a premium (0.44%) meaning the ETF is trading at a higher price than the calculated NAV.