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.
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
Technology Services
Electronic Technology
Finance
Stocks99.75%
Technology Services21.24%
Electronic Technology19.65%
Finance15.18%
Health Technology7.81%
Retail Trade6.15%
Producer Manufacturing5.60%
Consumer Non-Durables5.11%
Consumer Services3.89%
Commercial Services2.97%
Industrial Services2.51%
Transportation1.92%
Process Industries1.69%
Utilities1.58%
Distribution Services1.43%
Communications1.31%
Health Services0.92%
Non-Energy Minerals0.60%
Consumer Durables0.19%
Bonds, Cash & Other0.25%
Cash0.25%
Stock breakdown by region
North America96.34%
Europe2.77%
Latin America0.89%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NULC invests in stocks. The fund's major sectors are Technology Services, with 21.24% stocks, and Electronic Technology, with 19.65% of the basket. The assets are mostly located in the North America region.
NULC top holdings are NVIDIA Corporation and Broadcom Inc., occupying 8.21% and 2.97% of the portfolio correspondingly.
NULC last dividends amounted to 0.47 USD. The year before, the issuer paid 0.37 USD in dividends, which shows a 20.81% increase.
NULC assets under management is 51.17 M USD. It's risen 4.07% over the last month.
NULC fund flows account for 10.81 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, NULC pays dividends to its holders with the dividend yield of 0.93%. The last dividend (Dec 19, 2024) amounted to 0.85 USD. The dividends are paid annually.
NULC shares are issued by TIAA Board of Governors under the brand Nuveen. The ETF was launched on Jun 3, 2019, and its management style is Passive.
NULC expense ratio is 0.21% meaning you'd have to pay 0.21% of your investment to help manage the fund.
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.
NULC invests in stocks.
NULC price has risen by 1.58% over the last month, and its yearly performance shows a 14.14% increase. See more dynamics on NULC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.18% over the last month, showed a 9.15% increase in three-month performance and has increased by 15.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.18% over the last month, showed a 9.15% increase in three-month performance and has increased by 15.16% in a year.
NULC trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.