Key stats
About Nuveen ESG Large-Cap Value ETF
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Inception date
Dec 13, 2016
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
US67092P3001
NULV aims to invest in the most socially responsible firms while still providing reasonably market-like exposure to value stocks. The index selects large-cap stocks from the MSCI USA Value Index (the parent index), which itself selects value stocks according to price/book, forward price/earnings, and dividend yield. From there, NULV 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 (top 50% by market cap) are selected for inclusion in the index. The portfolio is weighted according to a multi-factor optimization algorithm, which 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
Technology Services
Stocks99.87%
Finance22.10%
Technology Services15.03%
Health Technology9.53%
Electronic Technology8.28%
Producer Manufacturing7.62%
Consumer Non-Durables6.39%
Retail Trade5.02%
Industrial Services3.71%
Utilities3.36%
Distribution Services3.29%
Communications3.07%
Health Services2.67%
Consumer Services2.67%
Process Industries2.51%
Transportation1.59%
Commercial Services1.43%
Non-Energy Minerals0.97%
Consumer Durables0.63%
Bonds, Cash & Other0.13%
Cash0.13%
Stock breakdown by region
North America96.41%
Europe3.59%
Latin America0.00%
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
NULV invests in stocks. The fund's major sectors are Finance, with 22.10% stocks, and Technology Services, with 15.03% of the basket. The assets are mostly located in the North America region.
NULV top holdings are Bank of America Corp and International Business Machines Corporation, occupying 2.59% and 2.46% of the portfolio correspondingly.
NULV last dividends amounted to 0.82 USD. The year before, the issuer paid 0.92 USD in dividends, which shows a 11.35% decrease.
NULV assets under management is 1.81 B USD. It's risen 0.20% over the last month.
NULV fund flows account for −10.92 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, NULV pays dividends to its holders with the dividend yield of 1.88%. The last dividend (Dec 19, 2024) amounted to 0.82 USD. The dividends are paid annually.
NULV shares are issued by TIAA Board of Governors under the brand Nuveen. The ETF was launched on Dec 13, 2016, and its management style is Passive.
NULV expense ratio is 0.26% meaning you'd have to pay 0.26% of your investment to help manage the fund.
NULV follows the MSCI Nuveen ESG USA Large Cap Value. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NULV invests in stocks.
NULV price has risen by 1.40% over the last month, and its yearly performance shows a 5.35% increase. See more dynamics on NULV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.39% over the last month, showed a 4.77% increase in three-month performance and has increased by 8.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.39% over the last month, showed a 4.77% increase in three-month performance and has increased by 8.25% in a year.
NULV trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.