NuShares Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF (NUSA) Recent IPO ETF

NUSA - Profile & Info

The investment objective of the NuShares Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF seeks to track a version of the BoA Merrill Lynch 1-5 Year US Broad Market Index, which covers investment-grade U.S.-dollar-denominated debt maturing in one to five years. The fund’s underlying index sorts its holdings into categories based on credit quality, maturity and sector, among other criteria. The index methodology overweights the higher-yielding categories while seeking to maintain a similar level of risk and credit quality as the original index.