Key stats
About Nuveen ESG Emerging 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
US67092P8885
NUEM aims to invest in the most socially responsible companies while still providing reasonably market-like exposure to emerging-market stocks. The index selects large- and mid-cap stocks from its parent index, MSCI Emerging Markets Index. From there, NUEM screens out companies involved in controversial businesses, such as alcohol, weapons, nuclear power, and gambling. Companies that exceed carbon emissions thresholds are also excluded. The remaining firms are scored on ESG factors, and the highest scoring firms within each sector (the top 50% by market cap) are selected for inclusion in the fund. The portfolio is weighted according to an multi-factor optimization algorithm that tries to minimize any risk and return distortions created by the fund`s ESG screen. The index is rebalanced and reconstituted quarterly starting each February.
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
Electronic Technology
Technology Services
Stocks99.30%
Finance24.62%
Electronic Technology18.95%
Technology Services10.72%
Producer Manufacturing8.02%
Consumer Durables5.59%
Retail Trade4.92%
Non-Energy Minerals3.93%
Health Technology3.52%
Communications3.18%
Utilities3.17%
Transportation2.98%
Consumer Non-Durables2.78%
Process Industries2.43%
Energy Minerals1.61%
Commercial Services1.55%
Consumer Services0.84%
Health Services0.21%
Industrial Services0.13%
Distribution Services0.12%
Bonds, Cash & Other0.70%
UNIT0.54%
Cash0.16%
Miscellaneous0.00%
Stock breakdown by region
Asia80.94%
Middle East6.39%
Latin America4.72%
Africa3.25%
Europe2.85%
North America1.86%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NUEM invests in stocks. The fund's major sectors are Finance, with 24.62% stocks, and Electronic Technology, with 18.95% of the basket. The assets are mostly located in the Asia region.
NUEM top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Delta Electronics, Inc., occupying 12.64% and 2.18% of the portfolio correspondingly.
NUEM last dividends amounted to 0.57 USD. The year before, the issuer paid 0.64 USD in dividends, which shows a 12.88% decrease.
NUEM assets under management is 318.10 M USD. It's risen 2.56% over the last month.
NUEM fund flows account for −20.15 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, NUEM pays dividends to its holders with the dividend yield of 1.60%. The last dividend (Dec 19, 2024) amounted to 0.57 USD. The dividends are paid annually.
NUEM 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.
NUEM expense ratio is 0.36% meaning you'd have to pay 0.36% of your investment to help manage the fund.
NUEM follows the MSCI Nuveen ESG Emerging Markets. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NUEM invests in stocks.
NUEM price has risen by 2.67% over the last month, and its yearly performance shows a 10.54% increase. See more dynamics on NUEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.24% over the last month, showed a 6.61% increase in three-month performance and has increased by 18.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.24% over the last month, showed a 6.61% increase in three-month performance and has increased by 18.69% in a year.
NUEM trades at a premium (0.59%) meaning the ETF is trading at a higher price than the calculated NAV.