NUHY ISSUER
The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is managed by Nuveen, a leading asset management company known for its expertise in sustainable and responsible investing. NUHY seeks to track the performance of an index that employs environmental, social, and governance (ESG) criteria to select high-yield corporate bonds from the Bloomberg U.S. High Yield Very Liquid Index. This strategy is designed to capture the U.S. dollar-denominated, high-yield, fixed-rate corporate bond market while promoting ESG considerations. As of September 30, 2022, the index included 738 securities and adhered to strict guidelines for inclusion, ensuring a diversified portfolio of bonds with strong ESG characteristics. NUHY is an excellent choice for investors looking to incorporate ESG factors into their high-yield corporate bond investments while relying on Nuveen's expertise in sustainable finance.
NUHY DIVIDEND
The Nuveen ESG High Yield Corporate Bond ETF (NUHY) focuses on tracking the investment results of the Index, which utilizes specific environmental, social, and governance (ESG) criteria to select securities from the Bloomberg U.S. High Yield Very Liquid Index. The ETF's dividend distribution is influenced by the underlying bonds' performance and issuer eligibility based on ESG criteria. The Index excludes bonds issued by companies engaged in controversial businesses and incorporates ESG performance data to identify eligible securities, which are market value weighted within each sector. NUHY aims to achieve its investment objective while adhering to its ESG principles, offering investors a unique blend of high yield and responsible investing.
NUHY TRACKING
The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is dedicated to tracking the performance of the Bloomberg Barclays MSCI US Corporate ESG Select High Yield Index. NUHY strategically invests in a diversified portfolio of high-yield corporate bonds, emphasizing environmental, social, and governance (ESG) criteria. By closely aligning with the index, NUHY aims to offer investors exposure to high-yield bonds issued by companies committed to responsible and sustainable business practices. The ETF's focus on effective tracking and ESG principles enhances its appeal for investors seeking income potential with a consideration for ESG factors in the high-yield corporate bond space.
NUHY CORRELATION
The Nuveen ESG High Yield Corporate Bond ETF (NUHY) exhibits correlations that reflect its focus on the U.S. high-yield corporate bond market with an emphasis on environmental, social, and governance (ESG) criteria. NUHY's correlation is primarily driven by the performance of the Bloomberg U.S. High Yield Very Liquid Index, which comprises U.S. dollar-denominated, high-yield, fixed-rate corporate bonds. Given its ESG focus, NUHY may have a unique correlation profile compared to traditional high-yield bond ETFs, as it selects bonds based on ESG performance data. Investors interested in understanding how ESG factors influence bond correlations can utilize the ETF Insider web app to delve deeper into NUHY's correlation trends and visualize overlaps with other asset classes.
NUHY SECTOR
The Nuveen ESG High Yield Corporate Bond ETF (NUHY) focuses on the high-yield corporate bond market in the United States, emphasizing environmental, social, and governance (ESG) criteria in its selection process. NUHY tracks the Bloomberg U.S. High Yield Very Liquid Index, which consists of U.S. dollar-denominated, below investment-grade corporate bonds with above-average liquidity. This ETF follows strict ESG performance metrics to evaluate companies' adherence to industry-specific standards in areas like environmental impact, social responsibility, and governance practices. It also excludes companies involved in controversial businesses such as alcohol production, tobacco production, nuclear power, gambling, and weapons and firearms production. NUHY provides investors with a way to access the high-yield bond market while aligning their investments with ESG principles and excluding companies that may not meet ethical standards.
NUHY EXPOSURE
The Nuveen ESG High Yield Corporate Bond ETF (NUHY) focuses on exposure to the U.S. dollar-denominated, high-yield, fixed-rate corporate bond market while incorporating environmental, social, and governance (ESG) criteria. The ETF seeks to replicate the Bloomberg U.S. High Yield Very Liquid Index, which encompasses bonds from companies that meet specific ESG performance standards. It excludes companies engaged in controversial businesses like alcohol production, tobacco production, nuclear power, gambling, weapons, and firearms production. NUHY utilizes a representative sampling strategy and adjusts its portfolio regularly to align with Index changes, providing investors with a socially responsible approach to high-yield corporate bond investing.