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Nuveen Growth Opportunities ETF
Active ETF
NUGO
Payout Change
Pending
Price as of:
$33.8649
+0.36
+1.09%
primary theme
N/A
NUGO (ETF)
Nuveen Growth Opportunities ETF
Payout Change
Pending
Price as of:
$33.8649
+0.36
+1.09%
primary theme
N/A
NUGO (ETF)
Nuveen Growth Opportunities ETF
Payout Change
Pending
Price as of:
$33.8649
+0.36
+1.09%
primary theme
N/A
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
33.1%
1 yr return
37.9%
3 Yr Avg Return
8.1%
5 Yr Avg Return
N/A
Net Assets
$2.99 B
Holdings in Top 10
70.4%
52 WEEK LOW AND HIGH
$33.5
$24.25
$34.47
Expenses
OPERATING FEES
Expense Ratio 0.56%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NUGO - Profile
Distributions
- YTD Total Return 33.1%
- 3 Yr Annualized Total Return 8.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNuveen Growth Opportunities ETF
-
Fund Family NameNuveen Funds
-
Inception DateSep 27, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTerrence Kontos
Fund Description
Under normal market conditions, the Fund seeks to achieve its investment objective by investing primarily in equity securities (such as common stocks and preferred securities) of U.S. companies with market capitalizations of at least $1 billion. The fund is “non-diversified,” which means that it may invest a significant portion of its assets in a relatively small number of issuers, which may increase risk. At times and depending on market conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. The Fund may also invest up to 20% of its assets in American Depositary Receipts (“ADRs”) and common stocks of non-U.S. issuers, including emerging market issuers. Under normal conditions, the portfolio managers will select 40 to 65 stocks for the Fund’s portfolio. As of the date of this prospectus, the Fund invests a significant portion of its assets in companies in the information technology sector.
The Fund is actively managed, and the Fund’s portfolio managers attempt to include securities in the Fund’s portfolio that exhibit the greatest combination of earnings growth, quality business fundamentals, and attractive valuation relative to the broader market and peer group. The portfolio managers ordinarily look for several of the following characteristics when analyzing companies for potential inclusion within the Fund: attractive earnings growth, strong cash-flow outlook, a commitment to research and development, proprietary products and/or services, exposure to areas with emerging or
expanding market share, a well-capitalized balance sheet, favorable or improving return on invested capital, integrity of the management team, and attractive relative valuation.
NUGO - Performance
Return Ranking - Trailing
| Period | NUGO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 33.1% | -44.2% | 26.6% | 94.72% |
| 1 Yr | 37.9% | -98.5% | 150.0% | N/A |
| 3 Yr | 8.1%* | -74.2% | 26.3% | N/A |
| 5 Yr | N/A* | -61.2% | 23.2% | N/A |
| 10 Yr | N/A* | -35.6% | 18.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | NUGO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 45.1% | -98.8% | 81.6% | N/A |
| 2022 | -32.9% | -39.5% | 48.7% | N/A |
| 2021 | N/A | -13.0% | 34.8% | N/A |
| 2020 | N/A | -27.1% | 10.6% | N/A |
| 2019 | N/A | -15.9% | 33.2% | N/A |
Total Return Ranking - Trailing
| Period | NUGO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 33.1% | -44.2% | 26.6% | 96.82% |
| 1 Yr | 37.9% | -98.5% | 150.0% | N/A |
| 3 Yr | 8.1%* | -74.2% | 32.9% | N/A |
| 5 Yr | N/A* | -61.2% | 22.9% | N/A |
| 10 Yr | N/A* | -35.6% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | NUGO Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 45.4% | -98.8% | 81.6% | N/A |
| 2022 | -32.7% | -39.5% | 48.7% | N/A |
| 2021 | N/A | -13.0% | 34.8% | N/A |
| 2020 | N/A | -16.8% | 10.6% | N/A |
| 2019 | N/A | -15.9% | 35.6% | N/A |
NUGO - Holdings
Concentration Analysis
| NUGO | Category Low | Category High | NUGO % Rank | |
|---|---|---|---|---|
| Net Assets | 2.99 B | 189 K | 222 B | 35.20% |
| Number of Holdings | 43 | 2 | 3509 | 58.94% |
| Net Assets in Top 10 | 1.92 B | -1.37 M | 104 B | 32.77% |
| Weighting of Top 10 | 70.37% | 9.4% | 100.0% | 20.03% |
Top 10 Holdings
- NVIDIA Corp 12.86%
- Microsoft Corp 12.37%
- Apple Inc 11.11%
- Amazon.com Inc 9.43%
- Meta Platforms Inc 4.85%
- Alphabet Inc 4.76%
- Broadcom Inc 4.31%
- Eli Lilly Co 4.27%
- Mastercard Inc 3.94%
- Costco Wholesale Corp 2.47%
Asset Allocation
| Weighting | Return Low | Return High | NUGO % Rank | |
|---|---|---|---|---|
| Stocks | 99.15% | 0.00% | 107.71% | 30.85% |
| Cash | 0.85% | -10.83% | 87.35% | 64.31% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 10.97% |
| Other | 0.00% | -2.66% | 17.15% | 17.11% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 5.30% |
| Bonds | 0.00% | -1.84% | 98.58% | 4.45% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NUGO % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 16.07% | 31.49% |
| Technology | 0.00% | 0.00% | 69.82% | 24.88% |
| Real Estate | 0.00% | 0.00% | 29.57% | 66.51% |
| Industrials | 0.00% | 0.00% | 30.65% | 79.03% |
| Healthcare | 0.00% | 0.00% | 39.76% | 82.03% |
| Financial Services | 0.00% | 0.00% | 43.06% | 62.29% |
| Energy | 0.00% | 0.00% | 41.09% | 53.69% |
| Communication Services | 0.00% | 0.00% | 66.40% | 29.26% |
| Consumer Defense | 0.00% | 0.00% | 25.50% | 51.84% |
| Consumer Cyclical | 0.00% | 0.00% | 62.57% | 21.51% |
| Basic Materials | 0.00% | 0.00% | 22.00% | 17.82% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NUGO % Rank | |
|---|---|---|---|---|
| US | 99.15% | 0.00% | 105.43% | 34.54% |
| Non US | 0.00% | 0.00% | 54.22% | 52.80% |
NUGO - Expenses
Operational Fees
| NUGO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.56% | 0.01% | 7.09% | 85.00% |
| Management Fee | 0.55% | 0.00% | 1.50% | 31.44% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
| NUGO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NUGO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| NUGO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 316.74% | 0.90% |
NUGO - Distributions
Dividend Yield Analysis
| NUGO | Category Low | Category High | NUGO % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 19.33% | 16.77% |
Dividend Distribution Analysis
| NUGO | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
| NUGO | Category Low | Category High | NUGO % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -6.13% | 2.90% | 9.34% |
Capital Gain Distribution Analysis
| NUGO | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.013 | OrdinaryDividend |
| Dec 14, 2023 | $0.035 | OrdinaryDividend |
| Dec 15, 2022 | $0.045 | OrdinaryDividend |
| Dec 16, 2021 | $0.001 | OrdinaryDividend |
NUGO - Fund Manager Analysis
Managers
Terrence Kontos
Start Date
Tenure
Tenure Rank
Sep 27, 2021
0.67
0.7%
Terrence Kontos, CFA, is Managing Director at Teachers Advisors, LLC. Terrence worked at TCIM and other advisory affiliates of TIAA from 2012 to Present (research of growth portfolios).
Karen Hiatt
Start Date
Tenure
Tenure Rank
Sep 27, 2021
0.67
0.7%
Ms. Hiatt is a senior portfolio manager, a managing director and CIO Focused Growth Equities with Allianz Global Investors, which she joined in 1998. She manages all focused-growth strategies. Prior to joining the team, Ms. Hiatt served as a senior research analyst, sector head of the US Consumer team and US Director of Research. She was previously a vice president and analyst at Bioscience Securities, a boutique investment bank. She has a B.S. in finance, cum laude, from Santa Clara University. Ms. Hiatt is a CFA charterholder and a member of the CFA Society San Francisco.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.09 | 2.92 |
