Nuveen Sustainable Core ETF (NSCR) is an actively managed exchange-traded fund that seeks favorable long-term total return through a U.S. large-cap core equity portfolio invested in companies aligned with environmental, social, and governance (ESG) themes, including Energy Transition and Innovation, Inclusive Growth, and Strong Governance. The fund employs an ESG factor model to select large-cap U.S. companies ranking in the top 50% for sustainability, integrating quantitative models, fundamental research, and discretionary judgment by its sub-adviser, Nuveen Fund Advisors, LLC; top holdings include Microsoft (8.66%), NVIDIA (8.41%), Meta Platforms (5.24%), Apple (4.66%), and Amazon.com (4.37%), with sector exposures led by technology (32.6%), interactive media and services (9.0%), and semiconductors (11.9%). Issued by NuShares ETF Trust and sponsored by Nuveen, the investment manager of TIAA, headquartered in New York, NSCR lists on NASDAQ with an expense ratio of 0.46%, approximately $6.7 million in assets under management, and 220,000 shares outstanding as of recent data.
Launched on March 5, 2024, as part of Nuveen's expansion of its active ETF lineup, NSCR debuted alongside new fixed income strategies like the Nuveen Preferred and Income ETF (NPFI) and Nuveen CorePlus Bond ETF (NCPB), marking the firm's strategic push into actively managed ETFs amid growing market demand for such products accounting for over 20% of ETF net flows in 2023. The fund targets institutional and retail investors seeking sustainable large-cap equity exposure benchmarked loosely against the S&P 500 Index, with operations focused exclusively on developed North American markets through holdings primarily in U.S.-based companies (94.1% geographic exposure). It distributes qualified dividends annually, with a trailing twelve-month yield of 1.46% and payout ratio of 41.68% as of late 2025.