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The NUHY ETF: ESG Virtue without the Low Yield
NUHY is the industry’s first high yield corporate bond ESG ETF and complements Nuveen’s existing ETF offering, which is among the most comprehensive suite in ESG ETFs. The fund fills an industry-wide product gap, developed in response to investors’ desire for income in a historically low-yield environment. Just over a year old, NUHY provides investment results, before fees and expenses, similar to those of its primary benchmark, the Bloomberg Barclays MSCI US High Yield Very Liquid ESG Select Index (the “Index”).
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