Fund Description
The Fund seeks to track the investment results, before fees and expenses, of the ICE BofA Merrill Lynch Enhanced Yield 1-5 Year US Broad Bond Index. The Funds offers the potential for enhanced yield relative to the short-term, taxable investment grade fixed income market with comparable risk. The Fund invests primarily in U.S. government securities, debt securities issued by U.S. corporations, residential and commercial mortgage-backed securities, asset-based securities that are publicly offered for sale in the U.S., with a remaining term to final maturity, or an average life, of less than five years. The ICE BofA Merrill Lynch Enhanced Yield 1-5 Year US Broad Bond Index (the Enhanced Index ) is designed to broadly capture the 1-5 year U.S investment grade fixed income market. Rather than weighting by capitalization, the Enhanced Index uses a rules-based methodology that allocates higher weights to securities and sectors that have the potential for higher yield while maintaining comparable risk.
Fund Profile
Fund Name NuShares Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF
Fund Exchange Ticker NUSA
Fund Sponsor Nuveen
Fund ISIN US67092P1104
Net Expense Ratio 0.20 %
Fund Inception Date 31 March 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Passive
Index Name ICE BofA Merrill Lynch Enhanced Yield 1-5 Year US Broad Bond Index
Index Provider ICE Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Investment Grade Only
Average Maturity Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 29.14 Million (USD)
1 Month Total Return 0.63 %
Year To Date Return 0.15 %
1 Year Total Return 1.44 %
3 Year Annualized Total Return
NAV 24.28
Share Outstanding 1,200,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
FGLMC P#G18642 3.5% 04 BOND 0.0513
US TREAS NTS 1.625% 03 BOND 0.04769999999999999
US TREAS NTS 2.75% 04 BOND 0.0311
US TREAS NTS 1.75% 06 BOND 0.03
US TREAS NTS 1.875% 02 BOND 0.0253
FNMA P#BM3087 4% 12 BOND 0.0231
US TREAS NTS 1.375% 02 BOND 0.0216
US TREAS NTS 2.375% 01 BOND 0.0204
JPMBB 2015-C2 2.773% 04 BOND 0.0199
MORGAN STANLEY 2.625% 11 BOND 0.019