Nushares ETF Trust (NuShares ETF Trust) serves as a statutory trust registered under the Investment Company Act of 1940 that offers exchange-traded funds, including the Nuveen International Aggregate Bond ETF (ticker: NXUS), which employs a passive indexing approach to invest in a diversified portfolio of non-U.S. investment grade bonds including treasuries, government-related securities, corporate bonds, covered bonds and securitized debt; the fund seeks to track the Bloomberg Global Aggregate ex-USD (Hedged) Index prior to fees and expenses. NuShares ETF Trust provides exposure to fixed income strategies through ETFs managed by Nuveen Fund Advisors, LLC, targeting institutional and retail investors seeking international bond market diversification with currency hedging to mitigate USD fluctuations. The Trust operates within the broader Nuveen ecosystem, a subsidiary of TIAA with expertise in fixed income and ETFs across asset classes.
Headquartered at 333 West Wacker Drive in Chicago, Illinois, NuShares ETF Trust was established to expand Nuveen's ETF offerings, building on Nuveen's founding in 1898. The Trust's geographic focus through funds like NXUS encompasses developed and emerging markets outside the U.S., with top holdings including bonds from issuers in the United Kingdom, European Union, European Bank for Reconstruction & Development and Japan.
In September 2025, Nuveen launched the Nuveen International Aggregate Bond ETF (NXUS) alongside related fixed income products such as the Nuveen High Yield Corporate Bond ETF (NHYB) and Nuveen Securitized Income ETF (NSCI), enhancing its suite of index-tracking bond strategies. Nuveen has continued expanding its ETF lineup, adding municipal bond strategies like the Nuveen High Yield Municipal ETF (NHYM) and Nuveen Investment Grade Municipal ETF (NUMI) in January 2025 to provide tax-exempt income options. Earlier in December 2024, Nuveen introduced the Nuveen AA-BBB CLO ETF (NCLO), targeting collateralized loan obligations for high current income. On the strategic front, Nuveen Private Capital formed a partnership in September 2025 with Hunter Point Capital and Temasek for minority investments and long-term capital commitments to support private credit growth; Nuveen also acquired Brooklyn Investment Group in June 2025 to bolster direct indexing capabilities. These developments reflect Nuveen's accelerated push into ETFs, alternatives and tax-advantaged solutions amid rising investor demand.