- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 730 Third Avenue New York NY United States of America 10017
- IPO Date
- Oct 3, 2017
- Business
- Nuveen ESG U.S. Aggregate Bond ETF (NUBD), issued by NuShares ETF Trust and managed by Nuveen Fund Advisors, LLC, a subsidiary of Nuveen, a TIAA company, employs a passive indexing strategy to track the Bloomberg MSCI US Aggregate ESG Select Index before fees and expenses. The ETF invests in a diversified portfolio of U.S. investment-grade bonds that meet specific environmental, social, and governance (ESG) criteria, including U.S. government securities; debt securities issued by U.S. corporations; residential and commercial mortgage-backed securities; asset-backed securities; and U.S. dollar-denominated debt securities issued by non-U.S. governments and corporations, with the index rebalanced monthly. Launched on September 29, 2017, the fund operates within the fixed income segment of the sustainable investing industry, targeting institutional and individual investors seeking ESG-screened exposure to the broad U.S. aggregate bond market.
Nuveen, headquartered in Chicago, Illinois, and founded in 1898, provides global investment management services across public and private markets, with major offices in Chicago, New York, and Charlotte, and maintains operations in over 30 countries. The ETF, part of Nuveen's suite of ESG-focused exchange-traded funds, emphasizes rules-based selection from the Bloomberg U.S. Aggregate Bond Index to deliver risk-adjusted performance aligned with ESG standards, holding approximately 2,247 securities allocated across government bonds (49.96%), securitized bonds (25.44%), and corporate bonds (24.60%).
In recent developments, Nuveen expanded its capabilities through the 2025 acquisition of Brooklyn Investment Group to enhance direct indexing and tax-advantaged multi-asset strategies, building on their 2023 strategic partnership. Additionally, in September 2025, Nuveen Private Capital formed a strategic partnership with Hunter Point Capital and Temasek to support growth in private credit, while Nuveen Real Estate achieved a final close of $650 million for its U.S. Strategic Debt Fund in December 2025 after deploying $1.3 billion across 19 investments since April 2024. These initiatives reflect Nuveen's broader strategic shifts toward alternative assets, direct indexing, and global private capital expansion, complementing its core ETF offerings like NUBD.