Nuveen, the global investment management company with over $1 trillion in assets under supervision, announced it is expanding its suite of ESG ETFs to offer exposure to high yield corporate bonds. The information was released by the company in a press release a few hours ago.
Nuveen Launches New High Yield ETF
According to the report, the Nuveen launched its new ESG High Yield Corporate Bond ETF (NUHY) to offer exposure to high yield corporate bonds. The ETF adheres to predetermined environmental, social and governance (ESG) factors, controversial business involvement, and low carbon criteria.
This is the first high yield corporate bond ESG ETF and it will start trading today on the New York Stock Exchange (NYSE).
Jordan Farris, the managing director and head of ETFs at Nuveen, commented:
“The Nuveen ESG High Yield Corporate Bond ETF seeks the dual objectives of offering investors competitive income while remaining consistent with environmental, social, and governance values.”
The Nuveen ESG High Yield Corporate Bond ETF complements the existing list of products that Nuveen is offering to the market.
The new solution has been developed in order to meet the demand of investors to have higher income in a macro-environment in which low-yield products are the norm. In addition to it, the new services will increase investors’ portfolio diversification.
Furthermore, the new ETF aims at providing investment results before fees and expenses that are similar to the Bloomberg Barclays MSCI US High Yield Very Liquid ESG Select Index.
Moreover, it will be providing larger exposure to the below investment grade taxable fixed income market and it will adhere to ESG-focused criteria designed by MSCI and the Responsible Investing team behind Nuveen.
With the new solutions, traders will have the possibility to increase their income in a moment of low-yield products. At the same time, it will help investors have a more diversified portfolio in the current macro-context.
Featured image via Nuveen Youtube
Trusted & Regulated Stock & CFD Brokers
What we like
- 0% Fees on Stocks
- 5000+ Stocks, ETFs and other Markets
- Accepts Paypal Deposits
Min Deposit
$200
Charge per Trade
Zero Commission on real stocks
64 traders signed up today
Visit Now67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Available Assets
- Total Number of Stocks & Shares5000+
- US Stocks
- German Stocks
- UK Stocks
- European
- ETF Stocks
- IPO
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 Zero Commission
- NASDAQ Zero Commission
- DAX Zero Commission
- Facebook Zero Commission
- Alphabet Zero Commission
- Tesla Zero Commission
- Apple Zero Commission
- Microsoft Zero Commission
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
- Paypall
- Skrill
- Neteller
What we like
- Sign up today and get $5 free
- Fractals Available
- Paypal Available
Min Deposit
$0
Charge per Trade
$1 to $9 PCM
Visit Now
Investing in financial markets carries risk, you have the potential to lose your total investment.
Available Assets
- Total Number of Shares999
- US Stocks
- German Stocks
- UK Stocks
- European Stocks
- EFTs
- IPOs
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 $1 - $9 per month
- NASDAQ $1 - $9 per month
- DAX $1 - $9 per month
- Facebook $1 - $9 per month
- Alphabet $1 - $9 per month
- Telsa $1 - $9 per month
- Apple $1 - $9 per month
- Microsoft $1 - $9 per month
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
Share
Justinas Baltrusaitis
