NUBD Profile
The
NuShares ESG U.S. Aggregate Bond ETF (NUBD) is an exchange-traded fund
that seeks to provide investment results that correspond to the price
and yield performance, before fees and expenses, of the Bloomberg
Barclays MSCI US Aggregate ESG Select Index. The fund is managed by
Nuveen, one of the largest investment managers in the world with a
focus on responsible investing.
NUBD invests in a diversified
portfolio of investment-grade fixed income securities that meet
certain environmental, social, and governance (ESG) criteria, as
determined by the index provider. The fund aims to exclude companies
that are involved in controversial activities, such as tobacco,
weapons, and fossil fuels, while favoring those with strong ESG
profiles.
As of September 2021, the fund held over 1,300
securities with a weighted average maturity of 7.5 years and an
effective duration of 5.6 years. The top sectors represented in the
portfolio were Treasury, Mortgage-Backed Securities, and Corporate
Bonds. The fund has an expense ratio of 0.20% and is listed on the
NYSE Arca.
NUBD offers investors an opportunity to align their
fixed income investments with their values by investing in securities
with strong ESG profiles while seeking to achieve competitive returns.
The fund can be suitable for investors looking for a core bond holding
or seeking a more socially responsible fixed income investment.
However, it is important to note that the fund's ESG criteria may
limit its exposure to certain sectors and industries, which may result
in a different risk and return profile compared to non-ESG focused
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