Nuveen TIAA

Nuveen Announces NuShares Enhanced Yield U.S. Aggregate Bond ETF


First Product Launched on Nuveen’s NuShares ETF Platform

CHICAGO, September 15, 2016 – Nuveen, an operating division of TIAA Global Asset Management, today announced that the NuShares Enhanced Yield U.S. Aggregate Bond ETF is now trading on the NYSE Arca under the symbol NUAG. This new exchanged-traded fund (ETF), the first product to be launched on Nuveen’s NuShares ETF platform, seeks to offer enhanced yield relative to the broad, investment-grade fixed income market with comparable risk and credit quality. Positioned as a distinct alternative to market-cap weighted strategies, the fund offers diversified fixed income market exposure coupled with access to the investment expertise of TIAA. 

“We are pleased to bring this new offering to the market, as we have worked diligently to create a product which improves the way to access a core asset class,” said Martin Kremenstein, Managing Director and Head of Exchange-Traded Funds at Nuveen. “The launch of the fund showcases the strengths of Nuveen and TIAA by combining the skill set and expertise of our market-leading taxable fixed income franchise with the product development, delivery and distribution capabilities of Nuveen,” Kremenstein added.

The fund seeks to track the investment results, before fees and expenses, of the BofA Merrill Lynch Enhanced Yield US Broad Bond Index, a rules-based index designed to enhance income potential while seeking to maintain risk and credit quality at levels similar to that of the BofA Merrill Lynch US Broad Market Index. NUAG may be an attractive addition to a portfolio as a diversified core fixed income allocation.

For more information about the fund, please visit Nuveen’s ETF homepage by clicking here.

About Nuveen

Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them.  Through the investment expertise of leading asset managers across traditional and alternative asset classes, Nuveen is committed to delivering consultative guidance that aligns with client needs. Funds are distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen is an operating division of TIAA Global Asset Management.

For more information, please visit the Nuveen website at

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