Exchange-Traded Funds

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Objective

The Fund seeks to track the investments results, before fees and expenses, of the Dow Jones U.S. Select Short-Term REIT Index.

ETF Description

The Fund employs a passive management (or “indexing”) approach, investing in U.S. real estate investment trusts (REITs) with short-term lease agreements which may exhibit less price sensitivity to interest rate changes than REITs with longer-term lease agreements.

Index Description

The Dow Jones U.S. Select Short-Term REIT Index (the “Index”) is composed of U.S. exchange-traded equity REITs that concentrate their holdings in apartment buildings, hotels, self-storage facilities and manufactured home properties, which typically have shorter lease durations than REITs that invest in other sectors. The Index is rebalanced on a quarterly basis and uses a rules-based methodology that weights REITs by market capitalization, subject to a 5% maximum weight per constituent.

Highlights

Consider the Fund if you’re seeking:
  • Access to short-term REITs that may offer lower volatility and sensitivity to interest rate movements than longer-term REITs
  • Long-term capital appreciation
  • Potential for attractive risk-adjusted returns
  • Intraday exchange-traded liquidity
  • A transparent, tax-efficient1 and low-cost investment solution

Fund Data

Ticker SymbolNURE
Intra-day Indicative TickerNURE.IV
Closing Market Price (As of 2/16/2018)$24.51
Closing NAV per Share (As of 2/16/2018)$24.59
Distribution Yield (NAV) (As of 2/16/2018)3.85%
30 Day SEC Yield (As of 1/31/2018)3.37%
Distribution FrequencyQuarterly
Shares Outstanding (As of 2/20/2018)300,000
Total Net Assets (As of 2/20/2018)$7.26 million
Avg. Daily Volume (As of 2/20/2018)700
Cusip67092P706
Primary ExchangeCboe
Total Expense Ratio0.35%
Inception Date12/19/2016
Index ProviderS&P
Index TickerDJUSSTRT

Daily Pricing

As of 02/16/2018
Fund Inception: 12/19/2016
  Last Change
Market Price (History) $24.51 $0.19
52 Week High/Low Date Price
High 12/18/2017 $27.04
Low 2/9/2018 $23.69
Fund Inception: 12/19/2016
  Last Change
NAV (History) $24.59 $0.09
52 Week High/Low Date Price
High 12/18/2017 $27.23
Low 2/8/2018 $23.51
Fund Inception: 12/19/2016
  Last 52 wk avg
Premium/Discount (History) -0.33% 0.04%

1. ETFs have generally low portfolio turnover and do not need to sell securities to meet shareholder redemptions, potentially reducing taxable gains.

The Dow Jones U.S. Select REIT Index (“Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Nuveen Fund Advisors, LLC. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by Nuveen Fund Advisors, LLC. Nushares Short-Term REIT ETF(“Fund”) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices’ only relationship to Nuveen Fund Advisors, LLC with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and calculated by S&P Dow Jones Indices without regard to Nuveen Fund Advisors, LLC or the Fund. S&P Dow Jones Indices have no obligation to take the needs of Nuveen Fund Advisors, LLC or the owners of the Fund into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices are not responsible for and have not participated in the determination of the prices, and amount of the Fund or the timing of the issuance or sale of the Fund or in the determination or calculation of the equation by which the Fund is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing or trading of the Fund. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.

S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY NUVEEN FUND ADVISORS, LLC, OWNERS OF THE FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND NUVEEN FUND ADVISORS, LLC, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

Risk Considerations

Investing involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved. This ETF seeks to generally track the investment results of an index; however the Fund may underperform, outperform or be more volatile than the referenced index. This Fund invests in REITS and real estate companies. The real estate industry is greatly affected by economic downturns or by changes in real estate values, rents, property taxes, interest rates, tax treatment, regulations, or the legal structure of the REIT. The value of equity securities may decline significantly over short or extended periods of time. The Fund’s assets will generally be concentrated in the securities of issuers in the real estate sector, and, accordingly, the Fund may be adversely affected by the performance of those securities, may be subject to increased price volatility and may be more susceptible to adverse economic, market, political or regulatory occurrences affecting that industry. These and other risk considerations, such as interest rate, non-diversification, and smaller company risks, are described in detail in the Fund’s prospectus.

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