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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 11/27/20 Nushares ETF Trust 485BPOS 11/30/20 23:8M Donnelley … Solutions/FA → Nuveen Enhanced Yield U.S. Aggregate Bond ETF ⇒ NUAG → Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF ⇒ NUSA → Nuveen ESG High Yield Corporate Bond ETF ⇒ NUHY → Nuveen ESG U.S. Aggregate Bond ETF ⇒ NUBD |
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Nushares ETF Trust |
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
☒ | |
Pre-Effective Amendment No. |
¨ | |
Post-Effective Amendment No. 61 |
☒ | |
and/or |
||
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
☒ | |
Amendment No. 64 |
☒ |
¨ |
Immediately upon filing pursuant to paragraph (b) |
¨ |
On (date) pursuant to paragraph (a)(1) | |||
☒ |
On i i November 30, 2020 / pursuant to paragraph (b) |
¨ |
75 days after filing pursuant to paragraph (a)(2) | |||
¨ |
60 days after filing pursuant to paragraph (a)(1) |
¨ |
On (date) pursuant to paragraph (a)(2) of Rule 485. |
☐ |
This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
Exchange-Traded Funds |
30 November 2020 |
Listing Exchange |
Ticker Symbol | ||
Fund Name |
|||
Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF |
NYSE Arca |
NUSA |
The Securities and Exchange Commission (“ SEC |
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semi-annual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’s website (www.nuveen.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Fund electronically anytime by contacting
the financial intermediary (such as a broker-dealer or bank) through which you hold your shares. You may elect to receive all future reports in paper free of charge at any time by contacting your financial intermediary. Your election to receive reports in paper will apply to all funds held in your account with your financial intermediary. |
Prospectus |
Section 1 |
Management Fees |
i 0.20% |
Distribution and/or Service (12b-1) Fees |
i None |
Other Expenses |
i 0.00% |
Total Annual Fund Operating Expenses |
i 0.20% |
1 Year |
$ i 20 |
3 Years |
$ i 64 |
5 Years |
$ i 113 |
10 Years |
$ i 255 |
2 |
Section 1 |
Section 1 |
3 |
4 |
Section 1 |
Section 1 |
5 |
i | |||
Inception Date |
1 Year |
Since Inception | |
NUSA (return before taxes) |
i i i i i 03/31/17 / / / / |
i 5.56% |
i 2.81% |
NUSA (return after taxes on distributions) |
i 4.34% |
i 1.58% | |
NUSA (return after taxes on distributions and sale of Fund shares) |
i 3.28% |
i 1.61% | |
ICE BofA Enhanced Yield 1-5 Year U.S. Broad Bond Index (reflects no deduction for fees, expenses or taxes) |
i 6.23% |
i 3.14% | |
ICE BoA 1-5 Year U.S. Broad Market Index (reflects no deduction for taxes or sales loads) |
i 5.19% |
i 2.65% |
Name |
Title |
Portfolio Manager of Fund Since |
Lijun (Kevin) Chen, CFA |
Managing Director, Head of Quantitative Portfolio Management |
March 2017 |
Yong (Mark) Zheng, CFA |
Senior Director, Quantitative Fixed Income |
June 2018 |
6 |
Section 1 |
Section 2 |
Investment Strategies |
Section 2 |
7 |
· |
The forecasted tracking error of the Index relative to the Base Index is up to 35 basis points per month. |
· |
The effective duration of the Index will be within one and a half months (longer or shorter) of the effective duration of the Base Index. |
· |
The key rate durations of the Index will be within six months (longer or shorter) of the key rate durations of the Base Index along a variety of specified points on the yield curve. |
· |
The weights of the 25 categories in the Index cannot deviate from their weights in the Base Index by more than certain specified percentages, which range from 5% to 20%. |
· |
The total weight of the categories comprising each of the four asset classes within the Index—U.S. Treasury securities, government credit, corporate debt securities and securitizations—cannot deviate from their weights in the Base Index by more than 35%, 15%, 30% and 20%, respectively. |
· |
The total weight of the BBB corporate component within the Index cannot deviate from its weight in the Base Index by more than 20%. |
· |
Monthly turnover in the Index will not exceed the Base Index’s monthly turnover by more than 5% per month, subject to meeting all other constraints. |
8 |
Section 2 |
Section 2 |
9 |
10 |
Section 2 |
|
|
Section 2 |
11 |
12 |
Section 2 |
Section 2 |
13 |
14 |
Section 2 |
Section 2 |
15 |
16 |
Section 2 |
Section 2 |
17 |
|
· |
Enforcing legal rights may be difficult, costly and slow in non-U.S. countries, and there may be special problems enforcing claims against non-U.S. governments. |
|
· |
Non-U.S. companies may not be subject to accounting standards or governmental supervision comparable to U.S. companies, and there may be less public information about their operations. |
|
· |
Non-U.S. markets may be less liquid and more volatile than U.S. markets. |
|
· |
The U.S. and non-U.S. markets often rise and fall at different times or by different amounts due to economic or other developments particular to a given country or region. This phenomenon would tend to lower the overall price volatility of a portfolio that included both U.S. and non-U.S. securities. Sometimes, however, global trends will cause the U.S. and non-U.S. markets to move in the same direction, reducing or eliminating the risk reduction benefit of international investing. |
18 |
Section 2 |
|
· |
Non-U.S. securities traded on foreign exchanges, particularly in emerging markets countries, may be subject to further risks due to the inexperience of local investment professionals and financial institutions, the possibility of permanent or temporary termination of trading, and greater spreads between bid and asked prices for securities. In addition, non-U.S. exchanges and investment professionals are subject to less governmental regulation, and commissions may be higher than in the United States. Also, there may be delays in the settlement of non-U.S. exchange transactions. |
|
· |
The Fund’s income from non-U.S. issuers may be subject to non-U.S. withholding taxes. In some countries, the Fund also may be subject to taxes on trading profits and, on certain securities transactions, transfer or stamp duties tax. To the extent non-U.S. income taxes are paid by the Fund, U.S. shareholders may be entitled to a credit or deduction for U.S. tax purposes. |
Section 2 |
19 |
Section 3 |
|
Total Experience (since dates specified below) | ||||
Name & Title |
Experience Over Past Five Years |
At TIAA |
Total | |
Yong (Mark) Zheng, CFA Senior Director |
Portfolio Manager |
2013 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA |
2010 |
2010 |
Lijun (Kevin) Chen, CFA Managing Director |
Portfolio Manager |
2006 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA; (quantitative and fixed-income portfolio management) |
2004 |
1992 |
|
20 |
Section 3 |
Section 3 |
21 |
Section 4 |
|
22 |
Section 4 |
|
|
Section 4 |
23 |
|
24 |
Section 4 |
|
Section 4 |
25 |
Section 5 |
|
|
26 |
Section 5 |
Section 5 |
27 |
28 |
Section 5 |
|
Section 5 |
29 |
|
|
|
30 |
Section 5 |
|
Section 5 |
31 |
Section 6 |
Investment Operations |
Less Distributions |
||||||||||
Year Ended July 31, |
Beginning NAV |
Net Investment Income (Loss)(a) |
Net Realized/ Unrealized Gain (Loss) |
Total |
From Net Investment Income |
From Accumulated Net Realized Gains |
Total |
Ending NAV |
Ending Market Price | ||
2020 |
$24.86 |
$0.55 |
$0.90 |
$1.45 |
$(0.70) |
$ - |
$(0.70) |
$25.61 |
$25.69 | ||
2019 |
24.30 |
0.62 |
0.65 |
1.27 |
(0.71) |
- |
(0.71) |
24.86 |
24.89 | ||
2018 |
25.11 |
0.55 |
(0.64) |
(0.09) |
(0.72) |
- |
(0.72) |
24.30 |
24.33 | ||
2017(d) |
25.00 |
0.23 |
0.04 |
0.27 |
(0.16) |
- |
(0.16) |
25.11 |
25.15 |
32 |
Section 6 |
Ratios/Supplemental Data | ||||||
Total Return |
Ratios to Average Net Assets |
|||||
Based on NAV(b) |
Based on Market Price(b) |
Ending Net Assets (000) |
Expenses |
Net Investment Income (Loss) |
Portfolio Turnover Rate(c) | |
5.93% |
6.15% |
$35,854 |
0.20% |
2.20% |
51% | |
5.37 |
5.31 |
27,349 |
0.20 |
2.54 |
36 | |
(0.37) |
(0.39) |
26,727 |
0.20 |
2.22 |
37 | |
1.10 |
1.26 |
30,132 |
0.20* |
2.74* |
4 |
Section 6 |
33 |
NPR-NUSA-1120P |
|
Exchange-Traded Funds |
30 November 2020 | ||
Listing Exchange |
Ticker Symbol | ||
Fund Name |
|||
Nuveen Enhanced Yield U.S. Aggregate Bond ETF |
NYSE Arca |
NUAG |
The Securities and Exchange Commission (“ SEC |
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semi-annual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’s website (www.nuveen.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Fund electronically anytime by contacting
the financial intermediary (such as a broker-dealer or bank) through which you hold your shares. You may elect to receive all future reports in paper free of charge at any time by contacting your financial intermediary. Your election to receive reports in paper will apply to all funds held in your account with your financial intermediary. |
Prospectus |
|
Section 1 |
Management Fees |
i 0.20% |
Distribution and/or Service (12b-1) Fees |
i None |
Other Expenses |
i 0.00% |
Total Annual Fund Operating Expenses |
i 0.20% |
1 Year |
$ i 20 |
3 Years |
$ i 64 |
5 Years |
$ i 113 |
10 Years |
$ i 255 |
2 |
Section 1 |
Section 1 |
3 |
4 |
Section 1 |
Section 1 |
5 |
i | |||
Inception Date |
1 Year |
Since Inception | |
NUAG (return before taxes) |
i i i i i i 09/14/16 / / / / / |
i 10.26% |
i 3.09% |
NUAG (return after taxes on distributions) |
i 8.67% |
i 1.62% | |
NUAG (return after taxes on distributions and sale of Fund shares) |
i 6.05% |
i 1.70% | |
ICE BofA Enhanced Yield U.S. Broad Bond Index (reflects no deduction for fees, expenses or taxes) |
i 11.06% |
i 3.66% | |
ICE BofA U.S. Broad Market Index (reflects no deduction for fees, expenses or taxes) |
i 8.88% |
i 2.93% | |
Bloomberg Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) |
i 8.72% |
i 2.89% |
Name |
Title |
Portfolio Manager of Fund Since |
Lijun (Kevin) Chen, CFA |
Managing Director, Head of Quantitative Portfolio Management |
September 2016 |
Yong (Mark) Zheng, CFA |
Senior Director, Quantitative Fixed Income |
June 2018 |
6 |
Section 1 |
Section 2 |
Investment Strategies |
Section 2 |
7 |
8 |
Section 2 |
Section 2 |
9 |
10 |
Section 2 |
Section 2 |
11 |
12 |
Section 2 |
Section 2 |
13 |
14 |
Section 2 |
Section 2 |
15 |
16 |
Section 2 |
Section 2 |
17 |
18 |
Section 2 |
Section 2 |
19 |
Total Experience (since dates specified below) | ||||
Name & Title |
Experience Over Past Five Years |
At TIAA |
Total | |
Yong (Mark) Zheng, CFA Senior Director |
Portfolio Manager |
2013 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA |
2010 |
2010 |
Lijun (Kevin) Chen, CFA Managing Director |
Portfolio Manager |
2006 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA; (quantitative and fixed-income portfolio management) |
2004 |
1992 |
Management Fees |
20 |
Section 3 |
Section 3 |
21 |
22 |
Section 4 |
Section 4 |
23 |
24 |
Section 4 |
Section 4 |
25 |
26 |
Section 5 |
Section 5 |
27 |
28 |
Section 5 |
Section 5 |
29 |
30 |
Section 5 |
Section 5 |
31 |
Investment Operations |
Less Distributions |
||||||||||
Year Ended July 31, |
Beginning NAV |
Net Investment Income (Loss)(a) |
Net Realized/ Unrealized Gain (Loss) |
Total |
From Net Investment Income |
From Accumulated Net Realized Gains |
Total |
Ending NAV |
Ending Market Price | ||
2020 |
$24.49 |
$0.55 |
$1.88 |
$2.43 |
$(0.84) |
$ - |
$(0.84) |
$26.08 |
$26.05 | ||
2019 |
23.49 |
0.75 |
1.09 |
1.84 |
(0.84) |
- |
(0.84) |
24.49 |
24.44 | ||
2018 |
24.61 |
0.67 |
(0.91) |
(0.24) |
(0.88) |
- |
(0.88) |
23.49 |
23.50 | ||
2017(d) |
25.00 |
0.57 |
(0.40) |
0.17 |
(0.56) |
-** |
(0.56) |
24.61 |
24.67 |
32 |
Section 6 |
Ratios/Supplemental Data | ||||||
Total Return |
Ratios to Average Net Assets |
|||||
Based on NAV(b) |
Based on Market Price(b) |
Ending Net Assets (000) |
Expenses |
Net Investment Income (Loss) |
Portfolio Turnover Rate(c) | |
10.11% |
10.19% |
$80,845 |
0.20% |
2.21% |
208% | |
8.03 |
7.77 |
71,019 |
0.20 |
3.17 |
167 | |
(1.00) |
(1.21) |
147,959 |
0.20 |
2.79 |
123 | |
0.74 |
1.00 |
54,135 |
0.20* |
2.67* |
84 |
Section 6 |
33 |
NPR-NUAG-1120P |
Exchange-Traded Funds |
30 November 2020 | |||
Listing Exchange |
Ticker Symbol | ||
Fund Name |
|||
Nuveen ESG U.S. Aggregate Bond ETF |
NYSE Arca |
NUBD |
The Securities and Exchange Commission (“ SEC |
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semi-annual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’s website (www.nuveen.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Fund electronically anytime by contacting
the financial intermediary (such as a broker-dealer or bank) through which you hold your shares. You may elect to receive all future reports in paper free of charge at any time by contacting your financial intermediary. Your election to receive reports in paper will apply to all funds held in your account with your financial intermediary. |
Prospectus |
Section 1 Fund Summary Section 2 Additional Detail About the Fund’s Strategies, Holdings and Risks Section 3 Fund Management Section 4 Investing in the Fund Section 5 General Information | |
Management Fees |
i 0.20% |
Distribution and/or Service (12b-1) Fees |
i None |
Other Expenses |
i 0.00% |
Total Annual Fund Operating Expenses |
i 0.20% |
1 Year |
$ i 20 |
3 Years |
$ i 64 |
5 Years |
$ i 113 |
10 Years |
$ i 255 |
2 |
Section 1 |
Section 1 |
3 |
4 |
Section 1 |
Section 1 |
5 |
i | |||
Inception Date |
1 Year |
Since Inception | |
NUBD (return before taxes) |
i i i i i 09/29/17 / / / / |
i 8.17% |
i 3.67% |
NUBD (return after taxes on distributions) |
i 6.99% |
i 2.52% | |
NUBD (return after taxes on distributions and sale of Fund shares) |
i 4.82% |
i 2.30% | |
Bloomberg Barclays MSCI U.S. Aggregate ESG Select Index (reflects no deduction for fees, expenses or taxes) |
i 8.40% |
i 3.92% | |
Bloomberg Barclays U.S. Aggregate Bond Index (reflects no deduction for taxes or sales loads) |
i 8.72% |
i 3.96% |
Name |
Title |
Portfolio Manager of Fund Since |
Lijun (Kevin) Chen, CFA |
Managing Director, Head of Quantitative Portfolio Management |
September 2017 |
Yong (Mark) Zheng, CFA |
Senior Director, Quantitative Fixed Income |
June 2018 |
6 |
Section 1 |
Investment Strategies |
Section 2 |
7 |
8 |
Section 2 |
Section 2 |
9 |
10 |
Section 2 |
Section 2 |
11 |
12 |
Section 2 |
Section 2 |
13 |
14 |
Section 2 |
Section 2 |
15 |
· |
Enforcing legal rights may be difficult, costly and slow in non-U.S. countries, and there may be special problems enforcing claims against non-U.S. governments. |
16 |
Section 2 |
· |
Non-U.S. companies may not be subject to accounting standards or governmental supervision comparable to U.S. companies, and there may be less public information about their operations. |
· |
Non-U.S. markets may be less liquid and more volatile than U.S. markets. |
· |
The U.S. and non-U.S. markets often rise and fall at different times or by different amounts due to economic or other developments particular to a given country or region. This phenomenon would tend to lower the overall price volatility of a portfolio that included both U.S. and non-U.S. securities. Sometimes, however, global trends will cause the U.S. and non-U.S. markets to move in the same direction, reducing or eliminating the risk reduction benefit of international investing. |
· |
Non-U.S. securities traded on foreign exchanges, particularly in emerging markets countries, may be subject to further risks due to the inexperience of local investment professionals and financial institutions, the possibility of permanent or temporary termination of trading, and greater spreads between bid and asked prices for securities. In addition, non-U.S. exchanges and investment professionals are subject to less governmental regulation, and commissions may be higher than in the United States. Also, there may be delays in the settlement of non-U.S. exchange transactions. |
· |
The Fund’s income from non-U.S. issuers may be subject to non-U.S. withholding taxes. In some countries, the Fund also may be subject to taxes on trading profits and, on certain securities transactions, transfer or stamp duties tax. To the extent non-U.S. income taxes are paid by the Fund, U.S. shareholders may be entitled to a credit or deduction for U.S. tax purposes. |
Section 2 |
17 |
|
Total Experience (since dates specified below) | ||||
Name & Title |
Experience Over Past Five Years |
At TIAA |
Total | |
Yong (Mark) Zheng, CFA Senior Director |
Portfolio Manager |
2013 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA |
2010 |
2010 |
Lijun (Kevin) Chen, CFA Managing Director |
Portfolio Manager |
2006 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA; (quantitative and fixed-income portfolio management) |
2004 |
1992 |
|
18 |
Section 3 |
Section 3 |
19 |
|
20 |
Section 4 |
|
|
Section 4 |
21 |
|
22 |
Section 4 |
|
Section 4 |
23 |
|
|
24 |
Section 5 |
Section 5 |
25 |
26 |
Section 5 |
|
Section 5 |
27 |
|
|
|
28 |
Section 5 |
|
Section 5 |
29 |
30 |
Section 5 |
Investment Operations |
Less Distributions |
||||||||||
Year Ended July 31, |
Beginning NAV |
Net Investment Income (Loss)(a) |
Net Realized/ Unrealized Gain (Loss) |
Total |
From Net Investment Income |
From Accumulated Net Realized Gains |
Total |
Ending NAV |
Ending Market Price | ||
2020 |
$25.36 |
$0.55 |
$2.04 |
$2.59 |
$(0.64) |
$ - |
$(0.64) |
$27.31 |
$27.37 | ||
2019 |
24.17 |
0.63 |
1.24 |
1.87 |
(0.68) |
- |
(0.68) |
25.36 |
25.38 | ||
2018(d) |
25.00 |
0.48 |
(0.82) |
(0.34) |
(0.49) |
- |
(0.49) |
24.17 |
24.20 |
Section 6 |
31 |
Ratios/Supplemental Data | ||||||
Total Return |
Ratios to Average Net Assets |
|||||
Based on NAV(b) |
Based on Market Price(b) |
Ending Net Assets (000) |
Expenses |
Net Investment Income (Loss) |
Portfolio Turnover Rate(c) | |
10.38% |
10.51% |
$147,489 |
0.20% |
2.07% |
18% | |
7.89 |
7.84 |
55,786 |
0.20 |
2.59 |
27 | |
(1.37) |
(1.25) |
41,088 |
0.20* |
2.31* |
17 |
32 |
Section 6 |
NPR-NUBD-1120P |
|
Exchange-Traded Funds |
30 November 2020 | ||
Listing Exchange |
Ticker Symbol | ||
Fund Name |
|||
Nuveen ESG High Yield Corporate Bond ETF |
NYSE Arca |
NUHY |
The Securities and Exchange Commission (“ SEC |
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semi-annual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’s website (www.nuveen.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Fund electronically anytime by contacting
the financial intermediary (such as a broker-dealer or bank) through which you hold your shares. You may elect to receive all future reports in paper free of charge at any time by contacting your financial intermediary. Your election to receive reports in paper will apply to all funds held in your account with your financial intermediary. |
Prospectus |
Section 1 Fund Summary Section 2 Additional Detail About the Fund’s Strategies, Holdings and Risks Section
3 Fund Management Section 4 Investing in the Fund Section 5 General Information | |
|
Management Fees |
i 0.35% |
Distribution and/or Service (12b-1) Fees |
i None |
Other Expenses |
i 0.00% |
Total Annual Fund Operating Expenses |
i 0.35% |
1 Year |
$ i 36 |
3 Years |
$ i 113 |
5 Years |
$ i 197 |
10 Years |
$ i 443 |
2 |
Section 1 |
Section 1 |
3 |
4 |
Section 1 |
Name |
Title |
Portfolio Manager of Fund Since |
Lijun (Kevin) Chen, CFA |
Managing Director, Head of Quantitative Portfolio Management |
September 2019 |
|
|
|
Yong (Mark) Zheng, CFA |
Senior Director, Quantitative Fixed Income |
September 2019 |
Section 1 |
5 |
6 |
Section 1 |
Investment Strategies |
Section 2 |
7 |
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8 |
Section 2 |
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Section 2 |
9 |
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10 |
Section 2 |
Section 2 |
11 |
12 |
Section 2 |
Section 2 |
13 |
14 |
Section 2 |
Section 2 |
15 |
16 |
Section 2 |
|
Total Experience (since dates specified below) | ||||
Name & Title |
Experience Over Past Five Years |
At TIAA |
Total | |
Yong (Mark) Zheng, CFA Senior Director |
Portfolio Manager |
2013 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA |
2010 |
2010 |
Lijun (Kevin) Chen, CFA Managing Director |
Portfolio Manager |
2006 to Present—quantitative portfolio management at the Sub-Adviser and other advisory affiliates of TIAA; (quantitative and fixed-income portfolio management) |
2004 |
1992 |
|
Section 3 |
17 |
18 |
Section 3 |
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Section 4 |
19 |
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20 |
Section 4 |
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Section 4 |
21 |
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22 |
Section 4 |
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Section 5 |
23 |
24 |
Section 5 |
Section 5 |
25 |
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26 |
Section 5 |
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Section 5 |
27 |
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28 |
Section 5 |
Section 5 |
29 |
Investment Operations |
Less Distributions |
||||||||||
Year Ended July 31, |
Beginning NAV |
Net Investment Income (Loss)(a) |
Net Realized/ Unrealized Gain (Loss) |
Total |
From Net Investment Income |
From Accumulated Net Realized Gains |
Total |
Ending NAV |
Ending Market Price | ||
2020(d) |
$25.00 |
$0.93 |
$(0.53) |
$0.40 |
$(0.97) |
$ - |
$(0.97) |
$24.43 |
$24.74 |
30 |
Section 6 |
Ratios/Supplemental Data | ||||||
Total Return |
Ratios to Average Net Assets |
|||||
Based on NAV(b) |
Based on Market Price(b) |
Ending Net Assets (000) |
Expenses |
Net Investment Income (Loss) |
Portfolio Turnover Rate(c) | |
1.79% |
3.02% |
$56,195 |
0.35%* |
4.55%* |
47% |
Section 6 |
31 |
NPR-NUHY-1120P |
Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF |
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Ticker Symbol: NUSA |
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Listing Exchange: NYSE Arca |
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· |
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Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years | |
Independent Trustees: |
||||||
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine Foundation, a private philanthropic corporation; Director, Public Member, American Board of Orthopaedic Surgery (since 2015); Life Trustee of Coe College and the Iowa College Foundation; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm; formerly, Member and President Pro Tem of the Board of Regents for the State of Iowa University System; formerly, Director, The Gazette Company. |
152 |
Director and Chairman, United Fire Group, a publicly held company; formerly, Director, Alliant Energy. |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Dean Emeritus, formerly, Dean (2006-2012), Tippie College of Business, University of Iowa; Past Director (2005-2015) and past President (2010-2014) of Beta Gamma Sigma, Inc., The International Business Honor Society; formerly, Director (1997-2007), Credit Research Center at Georgetown University; formerly, Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003). |
152 |
Director (since 2009) of Wellmark, Inc.; formerly, Director (2004-2018) of Xerox Corporation. | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Founder and Chief Executive Officer, Northcroft Partners, LLC, a management consulting firm (since 2012); previously, held positions at Leap Wireless International, Inc., including Consultant (2011-2012), Chief Operating Officer (2008-2011) and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon Communications, Inc. (2000-2003); formerly, President, One Point Services at One Point Communications (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated (1996-1997); formerly, various executive positions (1991-1996) and Chief Executive Officer (1995-1996) of Zenith Electronics Corporation. |
152 |
Formerly, Chairman (2019), Director (2012-2019), USA Technologies, Inc., a provider of solutions and services to facilitate electronic payment transactions; formerly, Director, Wintrust Financial Corporation (1996-2016). | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Member of Board of Directors of Core12 LLC. (since 2008), a private firm which develops branding, marketing and communications strategies for clients; served The President's Council of Fordham University (2010-2019) and previously a Director of the Curran Center for Catholic American Studies (2009-2018); formerly, senior external advisor to the Financial Services practice of Deloitte Consulting LLP. (2012-2014); former Chair of the Board of Trustees of Marian University (2010-2014 as trustee, 2011-2014 as Chair); formerly Chief Executive Officer of ABN AMRO Bank N.V., North America, and Global Head of the Financial Markets Division (2007-2008), with various executive leadership roles in ABN AMRO Bank N.V. between 1996 and 2007. |
152 |
None | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Board Member of the Land Trust Alliance (since 2013); formerly, Board Member of the U.S. Endowment for Forestry and Communities (2013-2019); formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation; prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Former Director, Chicago Board Options Exchange (2006-2017) and C2 Options Exchange, Incorporated (2009-2017); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010). |
152 |
Formerly, Director (2010-2020), Cboe Global Markets, Inc., formerly, CBOE Holdings, Inc. | |
Trustee |
Term—Indefinite* Length of Service— Since 2020 |
Formerly, Executive Vice President and Chief Operating Officer (2018-2019), FedEx Freight Corporation, a subsidiary of FedEx Corporation (“ FedEx ® |
152 |
Member of the Board of Directors (since 2014), The Sherwin-Williams Company (develops, manufactures, distributes and sells paints, coatings and related products); Director (since November 2020), Crown Castle International Corp. (owns, operates and leases cell towers and fiber routes supporting small cells and fiber solutions). | |
Chairman of the Board and Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Co-Founding Partner, Promus Capital (2008-2017); Director of Quality Control Corporation (since 2012); formerly, Director, Fulcrum IT Service LLC (2010-2019); formerly, Director, LogicMark LLC (2012-2016); formerly, Director, Legal & General Investment Management America, Inc. (2008-2013); formerly, CEO and President, Northern Trust Global Investments (2004-2007); Executive Vice President, Quantitative Management & Securities Lending (2000- 2004); prior thereto, various positions with Northern Trust Company (since 1994); Member of Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012) and is Chair of its Investment Committee; formerly, Member, Chicago Fellowship Board (2005-2016); formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and
Northern Trust Hong Kong Board (1997-2004). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Of Counsel (2005-2014), Skadden, Arps, Slate, Meagher & Flom LLP (Mergers & Acquisitions Group); Member of the Board of Trustees of New York-Presbyterian Hospital (since 2005); Member (since 2004) and Chair (since 2015) of the Board of Trustees of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College. |
152 |
Formerly, Member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each, a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.). | |
Trustee |
Term—Indefinite* Length of Service— Since 2017 |
Formerly, Chief Operating Officer and Director, J.P. Morgan Investment Management Inc. (2010-2016); formerly, President and Principal Executive Officer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P. Morgan Funds; formerly, Director and various officer positions for J.P. Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and formerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (formerly, One Group Dealer Services, Inc.) (1999-2017). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years | |
Officers of the Trust: |
||||
Chief Administrative Officer |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2016-2017), Head of Product Management and Development, ETFs, Nuveen Securities, LLC ; Managing Director (since 2019), Nuveen Fund Advisors, LLC; formerly, Director, Guggenheim Funds Distributors (2013-2016). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2016) and Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2013). | ||
Vice President and Secretary |
Term—Until August 2021 Length of Service— Since 2017 |
Vice President and Assistant Secretary of Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2017); Associate General Counsel of Jackson National Asset Management (2012-2017). | ||
Vice President and Treasurer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), formerly, Vice President (2011-2016) of Nuveen; Managing Director (since 2015) of Nuveen Fund Advisors, LLC; Chartered Financial Analyst. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of Nuveen Securities, LLC. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2010-2017) of Nuveen, Head of Investment Oversight (since 2017), formerly, Team Leader of Manager Oversight (2015-2017); Managing Director (since 2019), Nuveen Fund Advisors, LLC; Chartered Financial Analyst and Certified Financial Risk Manager. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Chief Risk Officer, Nuveen, LLC (since May 2019); Senior Managing Director (since May 2019) of Nuveen Fund Advisors, LLC; formerly, Chief Investment and Model Risk Officer, Wealth & Investment Management Division, Wells Fargo Bank (NA) (from 2013–2019). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen Investments, Inc., formerly, Executive Vice President (2016-2017), Managing Director and Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary (since 2008) of Nuveen Securities, LLC, formerly, Executive Vice President (2016-2017) and Managing Director (2008-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC, formerly, Executive Vice President (2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC, formerly, Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2011-2016); Vice President (since 2007) and Secretary (since 2016) of NWQ
Investment Management Company, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC, and Winslow Capital Management, LLC (since 2010); Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC. | ||
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director of Mutual Fund Tax and Financial Reporting groups at Nuveen (since 2017); Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Senior Director of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2016); Senior Director (since 2015) Mutual Fund Taxation to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the CREF Accounts; has held various positions with TIAA since 2004. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2020 |
President, Nuveen Fund Advisors, LLC (since November 2020); | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), General Counsel (since 2020) and Assistant Secretary (since 2016) of Nuveen Fund Advisors, LLC; Managing Director (since 2017) of Nuveen Securities, LLC; Managing Director (since 2017), formerly, Senior Vice President (2012-2017) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2017 |
Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President (2011-2016) of Nuveen. | |
Vice President and Controller |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Head of Fund Administration at Nuveen, LLC (since 2019), formerly, Managing Director; Senior Managing Director (since 2019), Nuveen Fund Advisors, LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer (since 2017) to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the Treasurer (since 2017) to the CREF Accounts; Senior Director, TIAA-CREF Fund Administration (2014-2015); has held various positions with TIAA since 2006. | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2008 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2008) and Nuveen Fund Advisors, LLC (since 2009); Vice President (since 2010) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President and Chief Compliance Officer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (2002-2020) and Assistant Secretary of Nuveen Securities, LLC; Managing Director (2002-2020), Assistant Secretary (1997-2020) and Co-General Counsel (2011-2020) of Nuveen Fund Advisors, LLC; Managing Director (2004-2020) and Assistant Secretary (1994-2020) of Nuveen Investments, Inc.; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (2011-2020); Vice President (2017-2020) Managing Director (2003-2017) and Assistant Secretary (2003-2020) of Symphony Asset Management LLC; Vice President and Assistant Secretary of NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC (2006-2020) and of Winslow Capital Management, LLC (2010-2020); Chartered Financial Analyst. | |
Name of Trustee |
Aggregate Compensation From Fund |
Amount of Total Compensation That Has Been Deferred |
Total Compensation From Nuveen Funds Paid to Trustee | ||||||
Jack B. Evans |
$ |
89 |
$ |
0 |
$402,948 | ||||
William C. Hunter |
92 |
0 |
425,500 | ||||||
Albin F. Moschner |
84 |
0 |
385,300 | ||||||
John K. Nelson |
98 |
0 |
441,000 | ||||||
Judith M. Stockdale |
88 |
0 |
399,079 | ||||||
Carole E. Stone |
90 |
0 |
416,830 | ||||||
Matthew Thornton III* |
0 |
0 |
0 | ||||||
Terence J. Toth |
109 |
0 |
484,300 | ||||||
Margaret L. Wolff |
82 |
0 |
383,314 | ||||||
Robert L. Young |
87 |
0 |
409,484 |
|
Name of Trustee |
Dollar Range of Equity Securities In the Fund |
Aggregate Dollar Range Of Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies | |||
Jack B. Evans |
$ |
0 |
Over $100,000 | ||
William C. Hunter |
$ |
0 |
Over $100,000 | ||
Albin F. Moschner |
$ |
0 |
Over $100,000 | ||
John K. Nelson |
$ |
0 |
Over $100,000 | ||
Judith M. Stockdale |
$ |
0 |
Over $100,000 | ||
Carole E. Stone |
$ |
0 |
Over $100,000 | ||
Matthew Thornton III* |
$ |
0 |
$0 | ||
Terence J. Toth |
$ |
0 |
Over $100,000 | ||
Margaret L. Wolff |
$ |
0 |
Over $100,000 | ||
Robert L. Young |
$ |
0 |
Over $100,000 |
* Mr. Thornton was appointed to the Board of Trustees effective November 16, 2020. |
Amount of Management Fees | ||
08/01/17-07/31/18 |
08/01/18-07/31/19 |
08/01/19-07/31/20 |
$48,475 |
$58,512 |
$65,147 |
Teachers Advisors, LLC |
||
Lijun (Kevin) Chen, CFA, Managing Director, Head of Quantitative Portfolio Management |
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Yong (Mark) Zheng, CFA, Senior Director, Quantitative Fixed Income |
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Portfolio Manager |
Type of Account Managed |
Number of Accounts |
Assets (millions) |
Number of Accounts with Performance- Based Fees |
Assets of Accounts with Performance- Based Fees |
Lijun (Kevin) Chen |
Registered Investment Companies |
5 |
$18,726 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Yong (Mark) Zheng |
Registered Investment Companies |
3 |
$312 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Fund |
Broker/Dealer |
Issuer |
Aggregate Fund Holdings of Broker/Dealer or Parent (as of July 31, 2020) | |||
Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF |
Bank of America Corporation |
Bank of America Corp |
$ 397,072 | |||
Barclays Capital Inc. |
Barclays PLC |
218,565 | ||||
Citigroup Global Markets |
Citigroup Inc. |
297,019 | ||||
Goldman Sachs and Co. |
Goldman Sachs Group Inc. |
175,138 | ||||
Goldman Sachs Mortgage Securities Trust |
323,967 | |||||
HSBC Securities (USA) Inc. |
HSBC Holdings PLC |
214,626 | ||||
JPMorgan Chase |
JPMorgan Chase & Co. |
377,408 | ||||
JPMorgan Chase Commercial Mortgage Securities Trust |
217,698 | |||||
Morgan Stanley and Co. |
Morgan Stanley |
307,997 | ||||
Wells Fargo Securities LLC |
Wells Fargo & Co. |
264,400 | ||||
Wells Fargo Commercial Mortgage Trust |
158,796 |
Name and Address of Owner |
Percentage of Ownership | |
29.4% | ||
23.4% | ||
13.9% | ||
6.7% | ||
6.2% | ||
6.0% | ||
5.6% |
Approximate Value of a Creation Unit |
Creation Unit Size |
Standard Creation/Redemption Transaction Fee |
Maximum Additional Charge for Creations* |
Maximum Additional Charge for Redemptions* |
$2,500,000 |
100,000 |
$500 |
3.0% |
2.0% |
Fund |
Short-Term |
Long-Term |
Total | |||
Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF |
$28,655 |
$204,239 |
$232,894 |
· |
Proxy voting |
· |
Dialogue |
· |
Targeted initiatives |
· |
Market initiatives |
· |
Policy influence |
· |
Independence |
· |
Skills and Qualifications |
· |
Board Refreshment |
· |
Board Diversity and Inclusion |
· |
Be reasonable by prevailing industry standards, appropriate to the company’s size and complexity, and fair relative to pay practices throughout the company |
· |
Align interests of directors and executives with interests of shareholders, such as through minimum stock ownership requirements and minimum vesting requirements and holding periods for equity-based plans that are commensurate with pay level and seniority |
· |
Objectively link to appropriate company-specific metrics that drive long-term sustainable value |
· |
Ensure employment contracts (if in place) balance the need to attract and retain executives with the obligation to avoid exposing the company to liability and unintended costs, especially in the event of terminations for misconduct, gross mismanagement or other reasons constituting a for-cause termination |
· |
Establish policies to recoup, or claw back, variable compensation paid to senior executives for fraudulent activities, defective financial reporting, and creating undue reputational risk |
· |
Prohibit any direct or indirect change to the strike price or value of options without the approval of shareholders (for equity-based plans) |
· |
Prohibit executives from hedging or otherwise reducing their exposure to changes in the company’s stock price, and contain policies governing the pledging of company stock, including the process used by the board to oversee related risks |
· |
Performance metrics, weights and targets, including why they are appropriate given the company’s business objectives and how they drive long-term sustainable value |
· |
The rationale for peer group selection, including differences between the company peers used for strategic and business purposes versus the group used for compensation decisions |
· |
Non-GAAP financial performance measures alongside their GAAP counterparts with an explanation of why non-GAAP measures better capture and incentivize long-term performance |
· |
Employment contracts and tax gross-up arrangements |
· |
Explanations of any inconsistencies in compensation decisions with these guidelines and generally accepted practices |
· |
Rationale for any significant changes to the compensation program from year to year, including special one-off awards, changes to peer group selection, performance metrics, and award vehicles |
· |
Physical risk |
· |
Transition risk |
· |
When we conclude that the actions of directors are unlawful, unethical, negligent, or do not meet fiduciary standards of care and loyalty, or are otherwise not in the best interest of shareholders. Such actions would include: |
· |
Egregious compensation practices |
· |
Lack of responsiveness to a failed vote |
· |
Unequal treatment of shareholders |
· |
Adoption of inappropriate antitakeover devices |
· |
When a director has consistently failed to attend board and committee meetings without an appropriate rationale being provided |
· |
When board independence is not in line with local market regulations or best practices |
· |
When a member of executive management sits on a key board committee that should be composed of only independent directors |
· |
When directors have failed to disclose, resolve or eliminate conflicts of interest that affect their decisions |
· |
When there is insufficient diversity on the board and the company has not demonstrated its commitment to adding diverse candidates |
· |
When we determine that director tenure is excessive and there has been no recent board refreshment |
· |
Whether the company has demonstrated a need for antitakeover protection |
· |
Whether the provisions of the device are in line with generally accepted governance principles |
· |
Whether the company has submitted the device for shareholder approval |
· |
Whether the proposal arises in the context of a takeover bid or contest for control |
· |
Undisclosed or Inadequate Performance Metrics |
· |
Excessive Equity Grants |
· |
Lack of Minimum Vesting Requirements |
· |
Misalignment of Interests |
· |
Special Award Grants |
· |
Excess Discretion |
· |
Lack of Clawback Policy |
· |
Evergreen Features |
· |
Reload Options |
· |
Repricing Options |
· |
Undisclosed or Inappropriate Option Pricing |
NAI-NUSA-1120P |
Nuveen Enhanced Yield U.S. Aggregate Bond ETF |
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Ticker Symbol: NUAG |
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Listing Exchange: NYSE Arca |
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· |
Aggregate initial margin and premiums required to establish its positions in CFTC Derivatives do not exceed 5% of the liquidation value of the Fund’s portfolio, after taking into account unrealized profits and losses on such positions; or |
· |
Aggregate net notional value of its positions in CFTC Derivatives does not exceed 100% of the liquidation value of the Fund’s portfolio, after taking into account unrealized profits and losses on such positions. |
· |
Factors that directly relate to that company, such as decisions made by its management or lower demand for the company’s products or services; |
· |
Factors affecting an entire industry, such as increases in production costs; and |
· |
Changes in financial market conditions that are relatively unrelated to the company or its industry, such as changes in interest rates, currency exchange rates or inflation rates. |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years | |
Independent Trustees: |
||||||
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine Foundation, a private philanthropic corporation; Director, Public Member, American Board of Orthopaedic Surgery (since 2015); Life Trustee of Coe College and the Iowa College Foundation; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm; formerly, Member and President Pro Tem of the Board of Regents for the State of Iowa University System; formerly, Director, The Gazette Company. |
152 |
Director and Chairman, United Fire Group, a publicly held company; formerly, Director, Alliant Energy. |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Dean Emeritus, formerly, Dean (2006-2012), Tippie College of Business, University of Iowa; Past Director (2005-2015) and past President (2010-2014) of Beta Gamma Sigma, Inc., The International Business Honor Society; formerly, Director (1997-2007), Credit Research Center at Georgetown University; formerly, Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003). |
152 |
Director (since 2009) of Wellmark, Inc.; formerly, Director (2004-2018) of Xerox Corporation. | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Founder and Chief Executive Officer, Northcroft Partners, LLC, a management consulting firm (since 2012); previously, held positions at Leap Wireless International, Inc., including Consultant (2011-2012), Chief Operating Officer (2008-2011) and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon Communications, Inc. (2000-2003); formerly, President, One Point Services at One Point Communications (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated (1996-1997); formerly, various executive positions (1991-1996) and Chief Executive Officer (1995-1996) of Zenith Electronics Corporation. |
152 |
Formerly, Chairman (2019), Director (2012-2019), USA Technologies, Inc., a provider of solutions and services to facilitate electronic payment transactions; formerly, Director, Wintrust Financial Corporation (1996-2016). | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Member of Board of Directors of Core12 LLC. (since 2008), a private firm which develops branding, marketing and communications strategies for clients; served The President's Council of Fordham University (2010-2019) and previously a Director of the Curran Center for Catholic American Studies (2009-2018); formerly, senior external advisor to the Financial Services practice of Deloitte Consulting LLP. (2012-2014); former Chair of the Board of Trustees of Marian University (2010-2014 as trustee, 2011-2014 as Chair); formerly Chief Executive Officer of ABN AMRO Bank N.V., North America, and Global Head of the Financial Markets Division (2007-2008), with various executive leadership roles in ABN AMRO Bank N.V. between 1996 and 2007. |
152 |
None | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Board Member of the Land Trust Alliance (since 2013); formerly, Board Member of the U.S. Endowment for Forestry and Communities (2013-2019); formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation; prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Former Director, Chicago Board Options Exchange (2006-2017) and C2 Options Exchange, Incorporated (2009-2017); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010). |
152 |
Formerly, Director (2010-2020), Cboe Global Markets, Inc., formerly, CBOE Holdings, Inc. | |
Trustee |
Term—Indefinite* Length of Service— Since 2020 |
Formerly, Executive Vice President and Chief Operating Officer (2018-2019), FedEx Freight Corporation, a subsidiary of FedEx Corporation (“ FedEx ® |
152 |
Member of the Board of Directors (since 2014), The Sherwin-Williams Company (develops, manufactures, distributes and sells paints, coatings and related products); Director (since November 2020), Crown Castle International Corp. (owns, operates and leases cell towers and fiber routes supporting small cells and fiber solutions). | |
Chairman of the Board and Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Co-Founding Partner, Promus Capital (2008-2017); Director of Quality Control Corporation (since 2012); formerly, Director, Fulcrum IT Service LLC (2010-2019); formerly, Director, LogicMark LLC (2012-2016); formerly, Director, Legal & General Investment Management America, Inc. (2008-2013); formerly, CEO and President, Northern Trust Global Investments (2004-2007); Executive Vice President, Quantitative Management & Securities Lending (2000- 2004); prior thereto, various positions with Northern Trust Company (since 1994); Member of Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012) and is Chair of its Investment Committee; formerly, Member, Chicago Fellowship Board (2005-2016); formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and
Northern Trust Hong Kong Board (1997-2004). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Of Counsel (2005-2014), Skadden, Arps, Slate, Meagher & Flom LLP (Mergers & Acquisitions Group); Member of the Board of Trustees of New York-Presbyterian Hospital (since 2005); Member (since 2004) and Chair (since 2015) of the Board of Trustees of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College. |
152 |
Formerly, Member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each, a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.). | |
Trustee |
Term—Indefinite* Length of Service— Since 2017 |
Formerly, Chief Operating Officer and Director, J.P. Morgan Investment Management Inc. (2010-2016); formerly, President and Principal Executive Officer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P. Morgan Funds; formerly, Director and various officer positions for J.P. Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and formerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (formerly, One Group Dealer Services, Inc.) (1999-2017). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years | |
Officers of the Trust: |
||||
Chief Administrative Officer |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2016-2017), Head of Product Management and Development, ETFs, Nuveen Securities, LLC ; Managing Director (since 2019), Nuveen Fund Advisors, LLC; formerly, Director, Guggenheim Funds Distributors (2013-2016). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2016) and Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2013). | ||
Vice President and Secretary |
Term—Until August 2021 Length of Service— Since 2017 |
Vice President and Assistant Secretary of Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2017); Associate General Counsel of Jackson National Asset Management (2012-2017). | ||
Vice President and Treasurer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), formerly, Vice President (2011-2016) of Nuveen; Managing Director (since 2015) of Nuveen Fund Advisors, LLC; Chartered Financial Analyst. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of Nuveen Securities, LLC. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2010-2017) of Nuveen, Head of Investment Oversight (since 2017), formerly, Team Leader of Manager Oversight (2015-2017); Managing Director (since 2019), Nuveen Fund Advisors, LLC; Chartered Financial Analyst and Certified Financial Risk Manager. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Chief Risk Officer, Nuveen, LLC (since May 2019); Senior Managing Director (since May 2019) of Nuveen Fund Advisors, LLC; formerly, Chief Investment and Model Risk Officer, Wealth & Investment Management Division, Wells Fargo Bank (NA) (from 2013–2019). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen Investments, Inc., formerly, Executive Vice President (2016-2017), Managing Director and Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary (since 2008) of Nuveen Securities, LLC, formerly, Executive Vice President (2016-2017) and Managing Director (2008-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC, formerly, Executive Vice President (2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC, formerly, Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2011-2016); Vice President (since 2007) and Secretary (since 2016) of NWQ
Investment Management Company, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC, and Winslow Capital Management, LLC (since 2010); Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC. | ||
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director of Mutual Fund Tax and Financial Reporting groups at Nuveen (since 2017); Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Senior Director of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2016); Senior Director (since 2015) Mutual Fund Taxation to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the CREF Accounts; has held various positions with TIAA since 2004. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2020 |
President, Nuveen Fund Advisors, LLC (since November 2020); | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), General Counsel (since 2020) and Assistant Secretary (since 2016) of Nuveen Fund Advisors, LLC; Managing Director (since 2017) of Nuveen Securities, LLC; Managing Director (since 2017), formerly, Senior Vice President (2012-2017) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2017 |
Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President (2011-2016) of Nuveen. | |
Vice President and Controller |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Head of Fund Administration at Nuveen, LLC (since 2019), formerly, Managing Director; Senior Managing Director (since 2019), Nuveen Fund Advisors, LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer (since 2017) to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the Treasurer (since 2017) to the CREF Accounts; Senior Director, TIAA-CREF Fund Administration (2014-2015); has held various positions with TIAA since 2006. | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2008 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2008) and Nuveen Fund Advisors, LLC (since 2009); Vice President (since 2010) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President and Chief Compliance Officer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (2002-2020) and Assistant Secretary of Nuveen Securities, LLC; Managing Director (2002-2020), Assistant Secretary (1997-2020) and Co-General Counsel (2011-2020) of Nuveen Fund Advisors, LLC; Managing Director (2004-2020) and Assistant Secretary (1994-2020) of Nuveen Investments, Inc.; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (2011-2020); Vice President (2017-2020) Managing Director (2003-2017) and Assistant Secretary (2003-2020) of Symphony Asset Management LLC; Vice President and Assistant Secretary of NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC (2006-2020) and of Winslow Capital Management, LLC (2010-2020); Chartered Financial Analyst. | |
Name of Trustee |
Aggregate Compensation From Fund |
Amount of Total Compensation That Has Been Deferred |
Total Compensation From Nuveen Funds Paid to Trustee | ||||||
Jack B. Evans |
$ |
391 |
$ |
0 |
$402,948 | ||||
William C. Hunter |
400 |
0 |
425,500 | ||||||
Albin F. Moschner |
374 |
0 |
385,300 | ||||||
John K. Nelson |
426 |
0 |
441,000 | ||||||
Judith M. Stockdale |
386 |
0 |
399,079 | ||||||
Carole E. Stone |
394 |
0 |
416,830 | ||||||
Matthew Thornton III* |
0 |
0 |
0 | ||||||
Terence J. Toth |
490 |
0 |
484,300 | ||||||
Margaret L. Wolff |
364 |
0 |
383,314 | ||||||
Robert L. Young |
380 |
0 |
409,484 |
Name of Trustee |
Dollar Range of Equity Securities In the Fund |
Aggregate Dollar Range Of Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies | |||
Jack B. Evans |
$ |
0 |
Over $100,000 | ||
William C. Hunter |
$ |
0 |
Over $100,000 | ||
Albin F. Moschner |
$ |
0 |
Over $100,000 | ||
John K. Nelson |
$ |
0 |
Over $100,000 | ||
Judith M. Stockdale |
$ |
0 |
Over $100,000 | ||
Carole E. Stone |
$ |
0 |
Over $100,000 | ||
Matthew Thornton III* |
$ |
0 |
$0 | ||
Terence J. Toth |
$ |
0 |
Over $100,000 | ||
Margaret L. Wolff |
$ |
0 |
Over $100,000 | ||
Robert L. Young |
$ |
0 |
Over $100,000 |
Amount of Management Fees | ||
08/01/17-07/31/18 |
08/01/18-07/31/19 |
08/01/19-07/31/20 |
$164,130 |
$213,050 |
$257,978 |
Teachers Advisors, LLC |
||
Lijun (Kevin) Chen, CFA, Managing Director, Head of Quantitative Portfolio Management |
||
Yong (Mark) Zheng, CFA, Senior Director, Quantitative Fixed Income |
||
Portfolio Manager |
Type of Account Managed |
Number of Accounts |
Assets (millions) |
Number of Accounts with Performance- Based Fees |
Assets of Accounts with Performance- Based Fees |
Lijun (Kevin) Chen |
Registered Investment Companies |
5 |
$18,680 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Yong (Mark) Zheng |
Registered Investment Companies |
3 |
$265 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
A |
- $0 |
|||
B |
- $1 - $10,000 |
|||
C |
- $10,001 - $50,000 |
|||
D |
- $50,001 - $100,000 |
|||
E |
- $100,001 - $500,000 |
|||
F |
- $500,001 - $1,000,000 |
|||
G |
- More than $1 million |
Portfolio Manager |
Dollar Range of Equity Securities Beneficially Owned in Fund Managed | |
Lijun (Kevin) Chen |
B | |
Yong (Mark) Zheng |
A | |
Fund |
Broker/Dealer |
Issuer |
Aggregate Fund Holdings of Broker/Dealer or Parent (as of July 31, 2020) | |||
Nuveen Enhanced Yield U.S. Aggregate Bond ETF |
Barclays Capital Inc. |
Barclays Bank PLC |
$44,136 | |||
Barclays PLC |
163,923 | |||||
Citigroup Global Markets |
Citigroup Inc. |
276,341 | ||||
Goldman Sachs and Co. |
Goldman Sachs Group Inc. |
51,679 | ||||
Morgan Stanley and Co. |
Morgan Stanley |
159,991 | ||||
Wells Fargo Securities LLC |
Wells Fargo & Co. |
94,381 | ||||
Wells Fargo Commercial Mortgage Trust |
265,709 |
Name and Address of Owner |
Percentage of Ownership | |
37.7% | ||
11.6% | ||
11.5% | ||
Merrill Lynch, Pierce, Fenner & Smith Inc. 250 Vesey Street |
7.1% | |
J.P. Morgan Securities LLC/JPMC 383 Madison Avenue |
5.5% | |
LPL Financial Corporation 75 State Street, 22 nd |
5.0% |
Approximate Value of a Creation Unit |
Creation Unit Size |
Standard Creation/Redemption Transaction Fee |
Maximum Additional Charge for Creations* |
Maximum Additional Charge for Redemptions* |
$2,500,000 |
100,000 |
$500 |
3.0% |
2.0% |
Fund |
Short-Term |
Long-Term |
Total | |||
Nuveen Enhanced Yield U.S. Aggregate Bond ETF |
$ - |
$846,276 |
$846,276 |
· |
Proxy voting |
· |
Dialogue |
· |
Targeted initiatives |
· |
Market initiatives |
· |
Policy influence |
· |
Independence |
· |
Skills and Qualifications |
· |
Board Refreshment |
· |
Board Diversity and Inclusion |
· |
Be reasonable by prevailing industry standards, appropriate to the company’s size and complexity, and fair relative to pay practices throughout the company |
· |
Align interests of directors and executives with interests of shareholders, such as through minimum stock ownership requirements and minimum vesting requirements and holding periods for equity-based plans that are commensurate with pay level and seniority |
· |
Objectively link to appropriate company-specific metrics that drive long-term sustainable value |
· |
Ensure employment contracts (if in place) balance the need to attract and retain executives with the obligation to avoid exposing the company to liability and unintended costs, especially in the event of terminations for misconduct, gross mismanagement or other reasons constituting a for-cause termination |
· |
Establish policies to recoup, or claw back, variable compensation paid to senior executives for fraudulent activities, defective financial reporting, and creating undue reputational risk |
· |
Prohibit any direct or indirect change to the strike price or value of options without the approval of shareholders (for equity-based plans) |
· |
Prohibit executives from hedging or otherwise reducing their exposure to changes in the company’s stock price, and contain policies governing the pledging of company stock, including the process used by the board to oversee related risks |
· |
Performance metrics, weights and targets, including why they are appropriate given the company’s business objectives and how they drive long-term sustainable value |
· |
The rationale for peer group selection, including differences between the company peers used for strategic and business purposes versus the group used for compensation decisions |
· |
Non-GAAP financial performance measures alongside their GAAP counterparts with an explanation of why non-GAAP measures better capture and incentivize long-term performance |
· |
Employment contracts and tax gross-up arrangements |
· |
Explanations of any inconsistencies in compensation decisions with these guidelines and generally accepted practices |
· |
Rationale for any significant changes to the compensation program from year to year, including special one-off awards, changes to peer group selection, performance metrics, and award vehicles |
· |
Physical risk |
· |
Transition risk |
· |
When we conclude that the actions of directors are unlawful, unethical, negligent, or do not meet fiduciary standards of care and loyalty, or are otherwise not in the best interest of shareholders. Such actions would include: |
· |
Egregious compensation practices |
· |
Lack of responsiveness to a failed vote |
· |
Unequal treatment of shareholders |
· |
Adoption of inappropriate antitakeover devices |
· |
When a director has consistently failed to attend board and committee meetings without an appropriate rationale being provided |
· |
When board independence is not in line with local market regulations or best practices |
· |
When a member of executive management sits on a key board committee that should be composed of only independent directors |
· |
When directors have failed to disclose, resolve or eliminate conflicts of interest that affect their decisions |
· |
When there is insufficient diversity on the board and the company has not demonstrated its commitment to adding diverse candidates |
· |
When we determine that director tenure is excessive and there has been no recent board refreshment |
· |
Whether the company has demonstrated a need for antitakeover protection |
· |
Whether the provisions of the device are in line with generally accepted governance principles |
· |
Whether the company has submitted the device for shareholder approval |
· |
Whether the proposal arises in the context of a takeover bid or contest for control |
· |
Undisclosed or Inadequate Performance Metrics |
· |
Excessive Equity Grants |
· |
Lack of Minimum Vesting Requirements |
· |
Misalignment of Interests |
· |
Special Award Grants |
· |
Excess Discretion |
· |
Lack of Clawback Policy |
· |
Evergreen Features |
· |
Reload Options |
· |
Repricing Options |
· |
Undisclosed or Inappropriate Option Pricing |
NAI-NUAG-1120P |
Nuveen ESG U.S. Aggregate Bond ETF |
||||
Ticker Symbol: NUBD |
||||
Listing Exchange: NYSE Arca |
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· |
Aggregate initial margin and premiums required to establish its positions in CFTC Derivatives do not exceed 5% of the liquidation value of the Fund’s portfolio, after taking into account unrealized profits and losses on such positions; or |
· |
Aggregate net notional value of its positions in CFTC Derivatives does not exceed 100% of the liquidation value of the Fund’s portfolio, after taking into account unrealized profits and losses on such positions. |
· |
Factors that directly relate to that company, such as decisions made by its management or lower demand for the company’s products or services; |
· |
Factors affecting an entire industry, such as increases in production costs; and |
· |
Changes in financial market conditions that are relatively unrelated to the company or its industry, such as changes in interest rates, currency exchange rates or inflation rates. |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years | |
Independent Trustees: |
||||||
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine Foundation, a private philanthropic corporation; Director, Public Member, American Board of Orthopaedic Surgery (since 2015); Life Trustee of Coe College and the Iowa College Foundation; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm; formerly, Member and President Pro Tem of the Board of Regents for the State of Iowa University System; formerly, Director, The Gazette Company. |
152 |
Director and Chairman, United Fire Group, a publicly held company; formerly, Director, Alliant Energy. |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Dean Emeritus, formerly, Dean (2006-2012), Tippie College of Business, University of Iowa; Past Director (2005-2015) and past President (2010-2014) of Beta Gamma Sigma, Inc., The International Business Honor Society; formerly, Director (1997-2007), Credit Research Center at Georgetown University; formerly, Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003). |
152 |
Director (since 2009) of Wellmark, Inc.; formerly, Director (2004-2018) of Xerox Corporation. | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Founder and Chief Executive Officer, Northcroft Partners, LLC, a management consulting firm (since 2012); previously, held positions at Leap Wireless International, Inc., including Consultant (2011-2012), Chief Operating Officer (2008-2011) and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon Communications, Inc. (2000-2003); formerly, President, One Point Services at One Point Communications (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated (1996-1997); formerly, various executive positions (1991-1996) and Chief Executive Officer (1995-1996) of Zenith Electronics Corporation. |
152 |
Formerly, Chairman (2019), Director (2012-2019), USA Technologies, Inc., a provider of solutions and services to facilitate electronic payment transactions; formerly, Director, Wintrust Financial Corporation (1996-2016). | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Member of Board of Directors of Core12 LLC. (since 2008), a private firm which develops branding, marketing and communications strategies for clients; served The President's Council of Fordham University (2010-2019) and previously a Director of the Curran Center for Catholic American Studies (2009-2018); formerly, senior external advisor to the Financial Services practice of Deloitte Consulting LLP. (2012-2014); former Chair of the Board of Trustees of Marian University (2010-2014 as trustee, 2011-2014 as Chair); formerly Chief Executive Officer of ABN AMRO Bank N.V., North America, and Global Head of the Financial Markets Division (2007-2008), with various executive leadership roles in ABN AMRO Bank N.V. between 1996 and 2007. |
152 |
None | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Board Member of the Land Trust Alliance (since 2013); formerly, Board Member of the U.S. Endowment for Forestry and Communities (2013-2019); formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation; prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Former Director, Chicago Board Options Exchange (2006-2017) and C2 Options Exchange, Incorporated (2009-2017); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010). |
152 |
Formerly, Director (2010-2020), Cboe Global Markets, Inc., formerly, CBOE Holdings, Inc. | |
Trustee |
Term—Indefinite* Length of Service— Since 2020 |
Formerly, Executive Vice President and Chief Operating Officer (2018-2019), FedEx Freight Corporation, a subsidiary of FedEx Corporation (“ FedEx ® |
152 |
Member of the Board of Directors (since 2014), The Sherwin-Williams Company (develops, manufactures, distributes and sells paints, coatings and related products); Director (since November 2020), Crown Castle International Corp. (owns, operates and leases cell towers and fiber routes supporting small cells and fiber solutions). | |
Chairman of the Board and Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Co-Founding Partner, Promus Capital (2008-2017); Director of Quality Control Corporation (since 2012); formerly, Director, Fulcrum IT Service LLC (2010-2019); formerly, Director, LogicMark LLC (2012-2016); formerly, Director, Legal & General Investment Management America, Inc. (2008-2013); formerly, CEO and President, Northern Trust Global Investments (2004-2007); Executive Vice President, Quantitative Management & Securities Lending (2000- 2004); prior thereto, various positions with Northern Trust Company (since 1994); Member of Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012) and is Chair of its Investment Committee; formerly, Member, Chicago Fellowship Board (2005-2016); formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and
Northern Trust Hong Kong Board (1997-2004). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Of Counsel (2005-2014), Skadden, Arps, Slate, Meagher & Flom LLP (Mergers & Acquisitions Group); Member of the Board of Trustees of New York-Presbyterian Hospital (since 2005); Member (since 2004) and Chair (since 2015) of the Board of Trustees of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College. |
152 |
Formerly, Member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each, a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.). | |
Trustee |
Term—Indefinite* Length of Service— Since 2017 |
Formerly, Chief Operating Officer and Director, J.P. Morgan Investment Management Inc. (2010-2016); formerly, President and Principal Executive Officer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P. Morgan Funds; formerly, Director and various officer positions for J.P. Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and formerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (formerly, One Group Dealer Services, Inc.) (1999-2017). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years | |
Officers of the Trust: |
||||
Chief Administrative Officer |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2016-2017), Head of Product Management and Development, ETFs, Nuveen Securities, LLC ; Managing Director (since 2019), Nuveen Fund Advisors, LLC; formerly, Director, Guggenheim Funds Distributors (2013-2016). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2016) and Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2013). | ||
Vice President and Secretary |
Term—Until August 2021 Length of Service— Since 2017 |
Vice President and Assistant Secretary of Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2017); Associate General Counsel of Jackson National Asset Management (2012-2017). | ||
Vice President and Treasurer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), formerly, Vice President (2011-2016) of Nuveen; Managing Director (since 2015) of Nuveen Fund Advisors, LLC; Chartered Financial Analyst. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of Nuveen Securities, LLC. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2010-2017) of Nuveen, Head of Investment Oversight (since 2017), formerly, Team Leader of Manager Oversight (2015-2017); Managing Director (since 2019), Nuveen Fund Advisors, LLC; Chartered Financial Analyst and Certified Financial Risk Manager. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Chief Risk Officer, Nuveen, LLC (since May 2019); Senior Managing Director (since May 2019) of Nuveen Fund Advisors, LLC; formerly, Chief Investment and Model Risk Officer, Wealth & Investment Management Division, Wells Fargo Bank (NA) (from 2013–2019). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen Investments, Inc., formerly, Executive Vice President (2016-2017), Managing Director and Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary (since 2008) of Nuveen Securities, LLC, formerly, Executive Vice President (2016-2017) and Managing Director (2008-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC, formerly, Executive Vice President (2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC, formerly, Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2011-2016); Vice President (since 2007) and Secretary (since 2016) of NWQ
Investment Management Company, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC, and Winslow Capital Management, LLC (since 2010); Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC. | ||
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director of Mutual Fund Tax and Financial Reporting groups at Nuveen (since 2017); Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Senior Director of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2016); Senior Director (since 2015) Mutual Fund Taxation to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the CREF Accounts; has held various positions with TIAA since 2004. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2020 |
President, Nuveen Fund Advisors, LLC (since November 2020); | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), General Counsel (since 2020) and Assistant Secretary (since 2016) of Nuveen Fund Advisors, LLC; Managing Director (since 2017) of Nuveen Securities, LLC; Managing Director (since 2017), formerly, Senior Vice President (2012-2017) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2017 |
Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President (2011-2016) of Nuveen. | |
Vice President and Controller |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Head of Fund Administration at Nuveen, LLC (since 2019), formerly, Managing Director; Senior Managing Director (since 2019), Nuveen Fund Advisors, LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer (since 2017) to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the Treasurer (since 2017) to the CREF Accounts; Senior Director, TIAA-CREF Fund Administration (2014-2015); has held various positions with TIAA since 2006. | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2008 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2008) and Nuveen Fund Advisors, LLC (since 2009); Vice President (since 2010) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President and Chief Compliance Officer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (2002-2020) and Assistant Secretary of Nuveen Securities, LLC; Managing Director (2002-2020), Assistant Secretary (1997-2020) and Co-General Counsel (2011-2020) of Nuveen Fund Advisors, LLC; Managing Director (2004-2020) and Assistant Secretary (1994-2020) of Nuveen Investments, Inc.; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (2011-2020); Vice President (2017-2020) Managing Director (2003-2017) and Assistant Secretary (2003-2020) of Symphony Asset Management LLC; Vice President and Assistant Secretary of NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC (2006-2020) and of Winslow Capital Management, LLC (2010-2020); Chartered Financial Analyst. | |
Name of Trustee |
Aggregate Compensation From Fund |
Amount of Total Compensation That Has Been Deferred |
Total Compensation From Nuveen Funds Paid to Trustee | ||||||
Jack B. Evans |
$ |
251 |
$ |
0 |
$402,948 | ||||
William C. Hunter |
257 |
0 |
425,500 | ||||||
Albin F. Moschner |
240 |
0 |
385,300 | ||||||
John K. Nelson |
276 |
0 |
441,000 | ||||||
Judith M. Stockdale |
249 |
0 |
399,079 | ||||||
Carole E. Stone |
253 |
0 |
416,830 | ||||||
Matthew Thornton III* |
0 |
0 |
0 | ||||||
Terence J. Toth |
307 |
0 |
484,300 | ||||||
Margaret L. Wolff |
232 |
0 |
383,314 | ||||||
Robert L. Young |
245 |
0 |
409,484 |
* Mr. Thornton was appointed to the Board of Trustees effective November 16, 2020. |
Name of Trustee |
Dollar Range of Equity Securities In the Fund |
Aggregate Dollar Range Of Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies | |||
Jack B. Evans |
$ |
0 |
Over $100,000 | ||
William C. Hunter |
$ |
0 |
Over $100,000 | ||
Albin F. Moschner |
$ |
0 |
Over $100,000 | ||
John K. Nelson |
$ |
0 |
Over $100,000 | ||
Judith M. Stockdale |
$ |
0 |
Over $100,000 | ||
Carole E. Stone |
$ |
0 |
Over $100,000 | ||
Matthew Thornton III* |
$ |
0 |
$0 | ||
Terence J. Toth |
$ |
0 |
Over $100,000 | ||
Margaret L. Wolff |
$ |
0 |
Over $100,000 | ||
Robert L. Young |
$ |
0 |
Over $100,000 |
* Mr. Thornton was appointed to the Board of Trustees effective November 16, 2020. |
Amount of Management Fees | ||
09/29/17-07/31/18 |
08/01/18-07/31/19 |
08/01/19-07/31/20 |
$66,177 |
$101,982 |
$186,229 |
Teachers Advisors, LLC |
||
Lijun (Kevin) Chen, CFA, Managing Director, Head of Quantitative Portfolio Management |
||
Yong (Mark) Zheng, CFA, Senior Director, Quantitative Fixed Income |
||
Portfolio Manager |
Type of Account Managed |
Number of Accounts |
Assets (millions) |
Number of Accounts with Performance- Based Fees |
Assets of Accounts with Performance- Based Fees |
Lijun (Kevin) Chen |
Registered Investment Companies |
5 |
$18,600 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Yong (Mark) Zheng |
Registered Investment Companies |
3 |
$186 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Fund |
Broker/Dealer |
Issuer |
Aggregate Fund Holdings of Broker/Dealer or Parent (as of July 31, 2020) | |||
Nuveen ESG U.S. Aggregate Bond ETF |
Citigroup Global Markets |
Citibank Credit Card Issuance Trust |
$ 108,348 | |||
Citibank NA |
55,207 | |||||
Citigroup Inc. |
1,501,560 | |||||
Goldman Sachs and Co. |
Goldman Sachs Mortgage Securities Trust |
234,767 | ||||
Morgan Stanley and Co. |
Morgan Stanley |
1,261,571 | ||||
Wells Fargo Securities LLC |
Wells Fargo Commercial Mortgage Trust |
665,248 |
Name and Address of Owner |
Percentage of Ownership | |
27.6% | ||
15.2% | ||
11.9% | ||
11.5% | ||
9.7% | ||
7.3% |
Approximate Value of a Creation Unit |
Creation Unit Size |
Standard Creation/Redemption Transaction Fee |
Maximum Additional Charge for Creations* |
Maximum Additional Charge for Redemptions* |
$2,500,000 |
100,000 |
$500 |
3.0% |
2.0% |
Fund |
Short-Term |
Long-Term |
Total | |||
Nuveen ESG U.S. Aggregate Bond ETF |
$202,693 |
$85,295 |
$287,988 |
· |
Proxy voting |
· |
Dialogue |
· |
Targeted initiatives |
· |
Market initiatives |
· |
Policy influence |
· |
Independence |
· |
Skills and Qualifications |
· |
Board Refreshment |
· |
Board Diversity and Inclusion |
· |
Be reasonable by prevailing industry standards, appropriate to the company’s size and complexity, and fair relative to pay practices throughout the company |
· |
Align interests of directors and executives with interests of shareholders, such as through minimum stock ownership requirements and minimum vesting requirements and holding periods for equity-based plans that are commensurate with pay level and seniority |
· |
Objectively link to appropriate company-specific metrics that drive long-term sustainable value |
· |
Ensure employment contracts (if in place) balance the need to attract and retain executives with the obligation to avoid exposing the company to liability and unintended costs, especially in the event of terminations for misconduct, gross mismanagement or other reasons constituting a for-cause termination |
· |
Establish policies to recoup, or claw back, variable compensation paid to senior executives for fraudulent activities, defective financial reporting, and creating undue reputational risk |
· |
Prohibit any direct or indirect change to the strike price or value of options without the approval of shareholders (for equity-based plans) |
· |
Prohibit executives from hedging or otherwise reducing their exposure to changes in the company’s stock price, and contain policies governing the pledging of company stock, including the process used by the board to oversee related risks |
· |
Performance metrics, weights and targets, including why they are appropriate given the company’s business objectives and how they drive long-term sustainable value |
· |
The rationale for peer group selection, including differences between the company peers used for strategic and business purposes versus the group used for compensation decisions |
· |
Non-GAAP financial performance measures alongside their GAAP counterparts with an explanation of why non-GAAP measures better capture and incentivize long-term performance |
· |
Employment contracts and tax gross-up arrangements |
· |
Explanations of any inconsistencies in compensation decisions with these guidelines and generally accepted practices |
· |
Rationale for any significant changes to the compensation program from year to year, including special one-off awards, changes to peer group selection, performance metrics, and award vehicles |
· |
Physical risk |
· |
Transition risk |
· |
When we conclude that the actions of directors are unlawful, unethical, negligent, or do not meet fiduciary standards of care and loyalty, or are otherwise not in the best interest of shareholders. Such actions would include: |
· |
Egregious compensation practices |
· |
Lack of responsiveness to a failed vote |
· |
Unequal treatment of shareholders |
· |
Adoption of inappropriate antitakeover devices |
· |
When a director has consistently failed to attend board and committee meetings without an appropriate rationale being provided |
· |
When board independence is not in line with local market regulations or best practices |
· |
When a member of executive management sits on a key board committee that should be composed of only independent directors |
· |
When directors have failed to disclose, resolve or eliminate conflicts of interest that affect their decisions |
· |
When there is insufficient diversity on the board and the company has not demonstrated its commitment to adding diverse candidates |
· |
When we determine that director tenure is excessive and there has been no recent board refreshment |
· |
Whether the company has demonstrated a need for antitakeover protection |
· |
Whether the provisions of the device are in line with generally accepted governance principles |
· |
Whether the company has submitted the device for shareholder approval |
· |
Whether the proposal arises in the context of a takeover bid or contest for control |
· |
Undisclosed or Inadequate Performance Metrics |
· |
Excessive Equity Grants |
· |
Lack of Minimum Vesting Requirements |
· |
Misalignment of Interests |
· |
Special Award Grants |
· |
Excess Discretion |
· |
Lack of Clawback Policy |
· |
Evergreen Features |
· |
Reload Options |
· |
Repricing Options |
· |
Undisclosed or Inappropriate Option Pricing |
NAI-NUBD-1120P |
Nuveen ESG High Yield Corporate Bond ETF |
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Ticker Symbol: NUHY |
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Listing Exchange: NYSE Arca |
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· |
Aggregate initial margin and premiums required to establish its positions in CFTC Derivatives do not exceed 5% of the liquidation value of the Fund’s portfolio, after taking into account unrealized profits and losses on such positions; or |
· |
Aggregate net notional value of its positions in CFTC Derivatives does not exceed 100% of the liquidation value of the Fund’s portfolio, after taking into account unrealized profits and losses on such positions. |
· |
Factors that directly relate to that company, such as decisions made by its management or lower demand for the company’s products or services; |
· |
Factors affecting an entire industry, such as increases in production costs; and |
· |
Changes in financial market conditions that are relatively unrelated to the company or its industry, such as changes in interest rates, currency exchange rates or inflation rates. |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years | |
Independent Trustees: |
||||||
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Chairman (since 2019), formerly, President (1996-2019), The Hall-Perrine Foundation, a private philanthropic corporation; Director, Public Member, American Board of Orthopaedic Surgery (since 2015); Life Trustee of Coe College and the Iowa College Foundation; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm; formerly, Member and President Pro Tem of the Board of Regents for the State of Iowa University System; formerly, Director, The Gazette Company. |
152 |
Director and Chairman, United Fire Group, a publicly held company; formerly, Director, Alliant Energy. | ||
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Dean Emeritus, formerly, Dean (2006-2012), Tippie College of Business, University of Iowa; Past Director (2005-2015) and past President (2010-2014) of Beta Gamma Sigma, Inc., The International Business Honor Society; formerly, Director (1997-2007), Credit Research Center at Georgetown University; formerly, Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003). |
152 |
Director (since 2009) of Wellmark, Inc.; formerly, Director (2004-2018) of Xerox Corporation. | ||
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Founder and Chief Executive Officer, Northcroft Partners, LLC, a management consulting firm (since 2012); previously, held positions at Leap Wireless International, Inc., including Consultant (2011-2012), Chief Operating Officer (2008-2011) and Chief Marketing Officer (2004-2008); formerly, President, Verizon Card Services division of Verizon Communications, Inc. (2000-2003); formerly, President, One Point Services at One Point Communications (1999-2000); formerly, Vice Chairman of the Board, Diba, Incorporated (1996-1997); formerly, various executive positions (1991-1996) and Chief Executive Officer (1995-1996) of Zenith Electronics Corporation. |
152 |
Formerly, Chairman (2019), Director (2012-2019), USA Technologies, Inc., a provider of solutions and services to facilitate electronic payment transactions; formerly, Director, Wintrust Financial Corporation (1996-2016). |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Member of Board of Directors of Core12 LLC. (since 2008), a private firm which develops branding, marketing and communications strategies for clients; served The President's Council of Fordham University (2010-2019) and previously a Director of the Curran Center for Catholic American Studies (2009-2018); formerly, senior external advisor to the Financial Services practice of Deloitte Consulting LLP. (2012-2014); former Chair of the Board of Trustees of Marian University (2010-2014 as trustee, 2011-2014 as Chair); formerly Chief Executive Officer of ABN AMRO Bank N.V., North America, and Global Head of the Financial Markets Division (2007-2008), with various executive leadership roles in ABN AMRO Bank N.V. between 1996 and 2007. |
152 |
None | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Board Member of the Land Trust Alliance (since 2013); formerly, Board Member of the U.S. Endowment for Forestry and Communities (2013-2019); formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation; prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994). |
152 |
None | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Former Director, Chicago Board Options Exchange (2006-2017) and C2 Options Exchange, Incorporated (2009-2017); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010). |
152 |
Formerly, Director (2010-2020), Cboe Global Markets, Inc., formerly, CBOE Holdings, Inc. | |
Trustee |
Term—Indefinite* Length of Service— Since 2020 |
Formerly, Executive Vice President and Chief Operating Officer (2018-2019), FedEx Freight Corporation, a subsidiary of FedEx Corporation (“ FedEx ® |
152 |
Member of the Board of Directors (since 2014), The Sherwin-Williams Company (develops, manufactures, distributes and sells paints, coatings and related products); Director (since November 2020), Crown Castle International Corp. (owns, operates and leases cell towers and fiber routes supporting small cells and fiber solutions). |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Number of Portfolios in Fund Complex Overseen by Trustee |
Other Directorships Held by Trustee During Past Five Years |
Chairman of the Board and Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Co-Founding Partner, Promus Capital (2008-2017); Director of Quality Control Corporation (since 2012); formerly, Director, Fulcrum IT Service LLC (2010-2019); formerly, Director, LogicMark LLC (2012-2016); formerly, Director, Legal & General Investment Management America, Inc. (2008-2013); formerly, CEO and President, Northern Trust Global Investments (2004-2007); Executive Vice President, Quantitative Management & Securities Lending (2000- 2004); prior thereto, various positions with Northern Trust Company (since 1994); Member of Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012) and is Chair of its Investment Committee; formerly, Member, Chicago Fellowship Board (2005-2016); formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and
Northern Trust Hong Kong Board (1997-2004). |
152 |
None | |
Trustee |
Term—Indefinite* Length of Service— Since 2016 |
Formerly, Of Counsel (2005-2014), Skadden, Arps, Slate, Meagher & Flom LLP (Mergers & Acquisitions Group); Member of the Board of Trustees of New York-Presbyterian Hospital (since 2005); Member (since 2004) and Chair (since 2015) of the Board of Trustees of The John A. Hartford Foundation (a philanthropy dedicated to improving the care of older adults); formerly, Member (2005-2015) and Vice Chair (2011-2015) of the Board of Trustees of Mt. Holyoke College. |
152 |
Formerly, Member of the Board of Directors (2013-2017) of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (each, a part of Travelers Canada, the Canadian operation of The Travelers Companies, Inc.). | |
Trustee |
Term—Indefinite* Length of Service— Since 2017 |
Formerly, Chief Operating Officer and Director, J.P. Morgan Investment Management Inc. (2010-2016); formerly, President and Principal Executive Officer (2013-2016), and Senior Vice President and Chief Operating Officer (2005-2010), of J.P. Morgan Funds; formerly, Director and various officer positions for J.P. Morgan Investment Management Inc. (formerly, JPMorgan Funds Management, Inc. and formerly, One Group Administrative Services) and JPMorgan Distribution Services, Inc. (formerly, One Group Dealer Services, Inc.) (1999-2017). |
152 |
None |
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years | |
Officers of the Trust: |
||||
Chief Administrative Officer |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2016-2017), Head of Product Management and Development, ETFs, Nuveen Securities, LLC ; Managing Director (since 2019), Nuveen Fund Advisors, LLC; formerly, Director, Guggenheim Funds Distributors (2013-2016). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2016) and Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2013). | ||
Vice President and Secretary |
Term—Until August 2021 Length of Service— Since 2017 |
Vice President and Assistant Secretary of Nuveen Fund Advisors, LLC (since 2017); Vice President and Associate General Counsel of Nuveen (since 2017); Associate General Counsel of Jackson National Asset Management (2012-2017). | ||
Vice President and Treasurer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), formerly, Vice President (2011-2016) of Nuveen; Managing Director (since 2015) of Nuveen Fund Advisors, LLC; Chartered Financial Analyst. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2014-2017) of Nuveen Securities, LLC. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director (since 2017), formerly, Vice President (2010-2017) of Nuveen, Head of Investment Oversight (since 2017), formerly, Team Leader of Manager Oversight (2015-2017); Managing Director (since 2019), Nuveen Fund Advisors, LLC; Chartered Financial Analyst and Certified Financial Risk Manager. | ||
Vice President |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Chief Risk Officer, Nuveen, LLC (since May 2019); Senior Managing Director (since May 2019) of Nuveen Fund Advisors, LLC; formerly, Chief Investment and Model Risk Officer, Wealth & Investment Management Division, Wells Fargo Bank (NA) (from 2013–2019). | ||
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Senior Managing Director (since 2017) and Secretary and General Counsel (since 2016) of Nuveen Investments, Inc., formerly, Executive Vice President (2016-2017), Managing Director and Assistant Secretary (2008-2016); Senior Managing Director (since 2017) and Assistant Secretary (since 2008) of Nuveen Securities, LLC, formerly, Executive Vice President (2016-2017) and Managing Director (2008-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC, formerly, Executive Vice President (2016-2017), Managing Director (2008-2016) and Assistant Secretary (2007-2016); Senior Managing Director (since 2017), Secretary (since 2016) and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC, formerly, Executive Vice President (2016-2017) and Managing Director and Assistant Secretary (2011-2016); Vice President (since 2007) and Secretary (since 2016) of NWQ
Investment Management Company, LLC, Symphony Asset Management LLC, Santa Barbara Asset Management, LLC, and Winslow Capital Management, LLC (since 2010); Senior Managing Director (since 2017) and Secretary (since 2016) of Nuveen Alternative Investments, LLC. | ||
Name, Business Address and Year of Birth |
Position(s) Held with the Trust |
Term of Office and Length of Time Served with the Trust |
Principal Occupation(s) During Past Five Years |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2019 |
Managing Director of Mutual Fund Tax and Financial Reporting groups at Nuveen (since 2017); Managing Director (since 2019) of Nuveen Fund Advisors, LLC; Senior Director of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2016); Senior Director (since 2015) Mutual Fund Taxation to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the CREF Accounts; has held various positions with TIAA since 2004. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2020 |
President, Nuveen Fund Advisors, LLC (since November 2020); | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (since 2017), formerly, Senior Vice President (2016-2017), General Counsel (since 2020) and Assistant Secretary (since 2016) of Nuveen Fund Advisors, LLC; Managing Director (since 2017) of Nuveen Securities, LLC; Managing Director (since 2017), formerly, Senior Vice President (2012-2017) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President |
Term—Until August 2021 Length of Service— Since 2017 |
Managing Director (since 2017), formerly Senior Vice President (2016-2017) and Vice President (2011-2016) of Nuveen. | |
Vice President and Controller |
Term—Until August 2021 Length of Service— Since 2019 |
Senior Managing Director, Head of Fund Administration at Nuveen, LLC (since 2019), formerly, Managing Director; Senior Managing Director (since 2019), Nuveen Fund Advisors, LLC; Principal Financial Officer, Principal Accounting Officer and Treasurer (since 2017) to the TIAA-CREF Funds, the TIAA-CREF Life Funds, the TIAA Separate Account VA-1 and the Treasurer (since 2017) to the CREF Accounts; Senior Director, TIAA-CREF Fund Administration (2014-2015); has held various positions with TIAA since 2006. | |
Vice President and Assistant Secretary |
Term—Until August 2021 Length of Service— Since 2008 |
Vice President and Assistant Secretary of Nuveen Securities, LLC (since 2008) and Nuveen Fund Advisors, LLC (since 2009); Vice President (since 2010) and Associate General Counsel (since 2016), formerly, Assistant General Counsel (2008-2016) of Nuveen. | |
Vice President and Chief Compliance Officer |
Term—Until August 2021 Length of Service— Since 2016 |
Managing Director (2002-2020) and Assistant Secretary of Nuveen Securities, LLC; Managing Director (2002-2020), Assistant Secretary (1997-2020) and Co-General Counsel (2011-2020) of Nuveen Fund Advisors, LLC; Managing Director (2004-2020) and Assistant Secretary (1994-2020) of Nuveen Investments, Inc.; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (2011-2020); Vice President (2017-2020) Managing Director (2003-2017) and Assistant Secretary (2003-2020) of Symphony Asset Management LLC; Vice President and Assistant Secretary of NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC (2006-2020) and of Winslow Capital Management, LLC (2010-2020); Chartered Financial Analyst. | |
Name of Trustee |
Aggregate Compensation From Fund |
Amount of Total Compensation That Has Been Deferred |
Total Compensation From Nuveen Funds Paid to Trustee | ||||||
Jack B. Evans |
$ |
96 |
$ |
0 |
$402,948 | ||||
William C. Hunter |
96 |
0 |
425,500 | ||||||
Albin F. Moschner |
92 |
0 |
385,300 | ||||||
John K. Nelson |
104 |
0 |
441,000 | ||||||
Judith M. Stockdale |
96 |
0 |
399,079 | ||||||
Carole E. Stone |
95 |
0 |
416,830 | ||||||
Matthew Thornton III* |
0 |
0 |
0 | ||||||
Terence J. Toth |
118 |
0 |
484,300 | ||||||
Margaret L. Wolff |
89 |
0 |
383,314 | ||||||
Robert L. Young |
93 |
0 |
409,484 |
* Mr. Thornton was appointed to the Board of Trustees effective November 16, 2020. |
Name of Trustee |
Dollar Range of Equity Securities In the Fund |
Aggregate Dollar Range Of Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies | |||
Jack B. Evans |
$ |
0 |
Over $100,000 | ||
William C. Hunter |
$ |
0 |
Over $100,000 | ||
Albin F. Moschner |
$ |
0 |
Over $100,000 | ||
John K. Nelson |
$ |
0 |
Over $100,000 | ||
Judith M. Stockdale |
$ |
0 |
Over $100,000 | ||
Carole E. Stone |
$ |
0 |
Over $100,000 | ||
Matthew Thornton III* |
$ |
0 |
$0 | ||
Terence J. Toth |
$ |
0 |
Over $100,000 | ||
Margaret L. Wolff |
$ |
0 |
Over $100,000 | ||
Robert L. Young |
$ |
0 |
Over $100,000 |
* Mr. Thornton was appointed to the Board of Trustees effective November 16, 2020. |
Amount of Management Fees |
||
09/25/19-07/31/20 | ||
$132,635 |
Teachers Advisors, LLC |
||
Lijun (Kevin) Chen, CFA, Managing Director, Head of Quantitative Portfolio Management |
||
Yong (Mark) Zheng, CFA, Senior Director, Quantitative Fixed Income |
||
Portfolio Manager |
Type of Account Managed |
Number of Accounts |
Assets (millions) |
Number of Accounts with Performance- Based Fees |
Assets of Accounts with Performance- Based Fees |
Lijun (Kevin) Chen |
Registered Investment Companies |
5 |
$18,702 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Yong (Mark) Zheng |
Registered Investment Companies |
3 |
$287 |
0 |
$0 |
|
Other Pooled Investment Vehicles |
0 |
0 |
0 |
0 |
|
Other Accounts |
0 |
0 |
0 |
0 |
Name and Address of Owner |
Percentage of Ownership | |
Citibank, N.A. 388 Greenwich Street |
52.5% | |
Name and Address of Owner |
Percentage of Ownership | |
TD Ameritrade Clearing, Incorporated 200 South 108 th |
15.0% | |
UBS Financial Services Incorporated 1285 6 th |
5.5% | |
LPL Financial Corporation 75 State Street, 22 nd |
5.3% |
Approximate Value of a Creation Unit |
Creation Unit Size |
Standard Creation/Redemption Transaction Fee |
Maximum Additional Charge for Creations* |
Maximum Additional Charge for Redemptions* |
$2,500,000 |
100,000 |
$500 |
3.0% |
2.0% |
Fund |
Short-Term |
Long-Term |
Total | |||
Nuveen ESG High Yield Corporate Bond ETF |
$1,888,460 |
$ - |
$1,888,460 |
· |
Proxy voting |
· |
Dialogue |
· |
Targeted initiatives |
· |
Market initiatives |
· |
Policy influence |
· |
Independence |
· |
Skills and Qualifications |
· |
Board Refreshment |
· |
Board Diversity and Inclusion |
· |
Be reasonable by prevailing industry standards, appropriate to the company’s size and complexity, and fair relative to pay practices throughout the company |
· |
Align interests of directors and executives with interests of shareholders, such as through minimum stock ownership requirements and minimum vesting requirements and holding periods for equity-based plans that are commensurate with pay level and seniority |
· |
Objectively link to appropriate company-specific metrics that drive long-term sustainable value |
· |
Ensure employment contracts (if in place) balance the need to attract and retain executives with the obligation to avoid exposing the company to liability and unintended costs, especially in the event of terminations for misconduct, gross mismanagement or other reasons constituting a for-cause termination |
· |
Establish policies to recoup, or claw back, variable compensation paid to senior executives for fraudulent activities, defective financial reporting, and creating undue reputational risk |
· |
Prohibit any direct or indirect change to the strike price or value of options without the approval of shareholders (for equity-based plans) |
· |
Prohibit executives from hedging or otherwise reducing their exposure to changes in the company’s stock price, and contain policies governing the pledging of company stock, including the process used by the board to oversee related risks |
· |
Performance metrics, weights and targets, including why they are appropriate given the company’s business objectives and how they drive long-term sustainable value |
· |
The rationale for peer group selection, including differences between the company peers used for strategic and business purposes versus the group used for compensation decisions |
· |
Non-GAAP financial performance measures alongside their GAAP counterparts with an explanation of why non-GAAP measures better capture and incentivize long-term performance |
· |
Employment contracts and tax gross-up arrangements |
· |
Explanations of any inconsistencies in compensation decisions with these guidelines and generally accepted practices |
· |
Rationale for any significant changes to the compensation program from year to year, including special one-off awards, changes to peer group selection, performance metrics, and award vehicles |
· |
Physical risk |
· |
Transition risk |
· |
When we conclude that the actions of directors are unlawful, unethical, negligent, or do not meet fiduciary standards of care and loyalty, or are otherwise not in the best interest of shareholders. Such actions would include: |
· |
Egregious compensation practices |
· |
Lack of responsiveness to a failed vote |
· |
Unequal treatment of shareholders |
· |
Adoption of inappropriate antitakeover devices |
· |
When a director has consistently failed to attend board and committee meetings without an appropriate rationale being provided |
· |
When board independence is not in line with local market regulations or best practices |
· |
When a member of executive management sits on a key board committee that should be composed of only independent directors |
· |
When directors have failed to disclose, resolve or eliminate conflicts of interest that affect their decisions |
· |
When there is insufficient diversity on the board and the company has not demonstrated its commitment to adding diverse candidates |
· |
When we determine that director tenure is excessive and there has been no recent board refreshment |
· |
Whether the company has demonstrated a need for antitakeover protection |
· |
Whether the provisions of the device are in line with generally accepted governance principles |
· |
Whether the company has submitted the device for shareholder approval |
· |
Whether the proposal arises in the context of a takeover bid or contest for control |
· |
Undisclosed or Inadequate Performance Metrics |
· |
Excessive Equity Grants |
· |
Lack of Minimum Vesting Requirements |
· |
Misalignment of Interests |
· |
Special Award Grants |
· |
Excess Discretion |
· |
Lack of Clawback Policy |
· |
Evergreen Features |
· |
Reload Options |
· |
Repricing Options |
· |
Undisclosed or Inappropriate Option Pricing |
NAI-NUHY-1120P |
(a) |
(i) |
|||
(ii) |
||||
(iii) |
||||
(b) |
||||
(c) |
Not applicable. | |||
(d) |
(i) |
|||
(ii) |
||||
(iii) |
||||
(iv) |
||||
(v) |
||||
(vi) |
||||
(e) |
(i) |
|||
(ii) |
||||
(iii) |
||||
(iv) |
||||
(f) |
||||
(g) |
(i) |
|||
(ii) |
||||
(iii) |
||||
(iv) |
(h) |
(i) |
|||
(ii) |
||||
(iii) |
||||
(iv) |
||||
(i) |
(i) |
|||
(ii) |
||||
(iii) |
Opinion and Consent of Counsel, Morgan, Lewis and Bockius LLP, relating to the Nuveen ESG ETF, Nuveen ESG Growth ETF, Nuveen ESG
Value ETF, Nuveen ESG Growth ETF, Nuveen ESG Value ETF, Nuveen ESG ETF, Nuveen ESG International Developed
Markets Equity ETF and Nuveen ESG Emerging Markets Equity ETF. (11) | |||
(j) |
||||
(k) |
Not applicable. | |||
(l) |
||||
(m) |
(i) |
|||
(ii) |
||||
(n) |
Not applicable. | |||
(o) |
Reserved. | |||
(p) |
(i) |
|||
(ii) |
||||
(q) |
||||
EX-101.INS |
XBRL Instance Document - the Instance Document does not appear in the Interactive Data File because its XBRL tags are embedded within the inline XBRL document. | |||
EX-101.SCH |
XBRL Taxonomy Extension Schema Document | |||
EX-101.CAL |
XBRL Taxonomy Extension Calculation Linkbase | |||
EX-101.DEF |
XBRL Taxonomy Extension Definition Linkbase | |||
EX-101.LAB |
XBRL Taxonomy Extension Labels Linkbase | |||
EX-101.PRE |
XBRL Taxonomy Extension Presentation Linkbase |
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
(12) |
(13) |
Name and Position with Nuveen Fund Advisors |
Other Business, Profession, Vocation or Employment During Past Two Years | |
Oluseun Salami, Executive Vice President and Chief Financial Officer |
Director (since 2020) NIS/R&T, Inc.; Senior Vice President and Chief Financial Officer, Nuveen Alternative Advisors LLC (since 2020), Nuveen, LLC (since 2020), Teachers Advisors, LLC (since 2020), TIAA-CREF Asset Management LLC (since 2020) and TIAA-CREF Investment Management, LLC (since 2020); Senior Vice President, Chief Financial Officer, Business Finance and Planning (since 2020) Chief Accounting Officer (2019), Senior Vice President, Corporate Controller (2018-2020), Teachers Insurance and Annuity Association of America, Senior Vice President, Corporate Controller, College Retirement Equities Fund, TIAA Board of Overseers, TIAA Separate Account VA-1, TIAA-CREF Funds, TIAA-CREF Life Funds (2018-2020). | |
Megan Sendlak, Managing Director and Controller |
Managing Director and Controller (since 2020) of Nuveen Alternatives Advisors LLC, Nuveen Asset Management, LLC, Nuveen Investments, Inc., Nuveen, LLC, Symphony Asset Management LLC, Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC; Vice President and Assistant Controller (since 2019) of NIS/R&T, INC., NWQ Investment Management Company, LLC and Santa Barbara Asset Management, LLC; Managing Director and Corporate Accounting Director and Controller (since 2020), formerly, Vice President, Corporate Accounting Director (2018-2020) of Nuveen. |
Name and Position with Nuveen Fund Advisors |
Other Business, Profession, Vocation or Employment During Past Two Years | |
Erik Mogavero, Managing Director and Chief Compliance Officer |
Formerly employed by Deutsche Bank (2013-2017) as Managing Director, Head of Asset Management and Wealth Management Compliance for the Americas region and Chief Compliance Officer of Deutsche Investment Management Americas. | |
Michael A. Perry, Executive Vice President |
Co-Chief Executive Officer (since April 2019), formerly, Executive Vice President (2017-2019); formerly, Managing Director (2015-2017) of Nuveen Securities; and Executive Vice President (since 2017) of Nuveen Alternative Investments, LLC. |
Name and Position with Teachers Advisors |
Other Business, Profession, Vocation or Employment During Past Two Years | |
Glenn E. Brightman, Senior Vice President, Chief Financial Officer |
Executive Vice President, Chief Financial Officer and Principal Accounting Officer of College Retirement Equities Fund; Chief Financial Officer of Nuveen, LLC; Controller of Nuveen Finance, LLC (2015-2017); Executive Vice President, Chief Financial Officer of Nuveen Services, LLC; Vice President of TIAA-CREF Alternatives Advisors, LLC; Senior Vice President, Chief Financial Officer (since 2016), formerly, Vice President, Funds Treasurer (2014-2016) of TIAA-CREF Investment Management, LLC; Member of the Board of Directors, NIS/R&T, Inc., Nuveen Investments, Inc. and Nuveen Investments Canada Co. | |
Stuart R. Brunet, Chief Compliance Officer |
Chief Compliance Officer (since 2015), formerly, Director, Compliance Officer of TIAA-CREF Investment Management, LLC. | |
Bradley G. Finkle, President & Chief Executive Officer |
Member of the Board of Directors, Teachers Personal Services, Inc.; Principal Executive Officer and President of TIAA-CREF Funds; Manager of the Board, President & Chief Executive Officer (since 2017, formerly, Senior Managing Director, President, TIAA Public Investments (2016-2017) Managing Director (2011-2016)) of TIAA-CREF Investment Management, LLC; Principal Executive Officer and President, TIAA-CREF Life Funds. |
Name and Position with Teachers Advisors |
Other Business, Profession, Vocation or Employment During Past Two Years | |
Thomas M. Franks, Senior Managing Director, CIO, Global Equity Investments |
Senior Managing Director, CIO, Global Equity Investments of TIAA-CREF Investment Management, LLC. | |
John M. McCann, Vice President, Associate General Counsel and Assistant Secretary |
General Counsel and Assistant Secretary of Covariance Capital Management, Inc. (2014-2017); Vice President, Associate General Counsel and Assistant Secretary (since 2017, formerly, Director, Associate General Counsel and Assistant Secretary) of TIAA-CREF Investment Management, LLC. | |
William Martin, Managing Director, TFI COO, TIAA Investments |
Managing Director (since 2018), Teachers Insurance and Annuity Association of America and TIAA-CREF Investment Management, LLC; Fixed-Income Best Execution Committee Member of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC (since 2013); President (since 2018), TIAA Diversified Public Investments, LLC and TIAA Global Public Investments, LLC. |
Name and Principal Business Address |
Positions and Offices with Nuveen Securities |
Positions and Offices with Registrant | ||
William T. Huffman |
Executive Vice President |
None | ||
Kevin J. McCarthy |
Senior Managing Director and Assistant Secretary |
Vice President and Assistant Secretary | ||
Deann D. Morgan 100 Park Avenue |
Co-Chief Executive Officer |
Vice President | ||
Michael A. Perry |
Co-Chief Executive Officer |
None | ||
Christopher M. Rohrbacher |
Managing Director and Assistant Secretary |
Vice President and Assistant Secretary | ||
Lucas A. Satre |
Managing Director, Secretary and General Counsel |
None |
NUSHARES ETF TRUST | ||
BY: |
/S/ DIANA R. GONZALEZ | |
Diana R. Gonzalez | ||
Vice President and Secretary |
Signature |
Title |
Date | ||||||||
/S/ E. SCOTT WICKERHAM E. SCOTT WICKERHAM |
Vice President and Controller (principal financial and accounting officer) |
|||||||||
/S/ JORDAN M. FARRIS JORDAN M. FARRIS |
Chief Administrative Officer (principal executive officer) |
|||||||||
TERENCE J. TOTH* |
Chairman of the Board and Trustee |
ü ï ï ï ï ï ï ï ï ï ï ï ï ý ï ï ï ï ï ï ï ï ï ï ï ï ï þ |
By:* |
/S/ DIANA R. GONZALEZ DIANA R. GONZALEZ Attorney-in-Fact | ||||||
JACK B. EVANS* |
Trustee | |||||||||
WILLIAM C. HUNTER* |
Trustee | |||||||||
ALBIN F. MOSCHNER* |
Trustee | |||||||||
JOHN K. NELSON* |
Trustee | |||||||||
JUDITH M. STOCKDALE* |
Trustee | |||||||||
CAROLE E. STONE* |
Trustee | |||||||||
MATTHEW THORNTON III* |
Trustee | |||||||||
MARGARET L. WOLFF* |
Trustee | |||||||||
ROBERT L. YOUNG* |
Trustee |
* |
The powers of attorney authorizing Diana R. Gonzalez, among others, to execute this Registration Statement, and Amendments thereto, for the Trustees of the Registrant on whose behalf this Registration Statement is filed, have been executed and filed as exhibit (q) to this Registration Statement. |
This ‘485BPOS’ Filing | Date | Other Filings | ||
---|---|---|---|---|
1/1/21 | ||||
Effective on: | 11/30/20 | |||
Filed on: | 11/27/20 | 497K, NPORT-P | ||
11/16/20 | ||||
11/2/20 | ||||
9/30/20 | NPORT-P | |||
7/31/20 | 24F-2NT, N-CEN, N-CSR, NPORT-P | |||
1/1/20 | ||||
12/31/19 | 24F-2NT, N-CEN, N-CSR, NPORT-P | |||
9/25/19 | CERT | |||
7/31/19 | 24F-2NT, N-CEN, N-CSR, NPORT-EX | |||
6/30/19 | N-CSRS, N-PX | |||
3/31/19 | NPORT-EX | |||
1/1/19 | ||||
12/31/18 | 24F-2NT, N-CEN, N-CSR | |||
7/31/18 | 24F-2NT, N-CEN, N-CSR, N-Q | |||
3/31/18 | N-Q | |||
9/29/17 | 497J, 497K, CERTNYS, N-Q, NSAR-B | |||
7/31/17 | 24F-2NT, N-CSR, N-Q, NSAR-B | |||
3/31/17 | N-Q, NSAR-A | |||
9/14/16 | 497, 497K | |||
8/2/16 | ||||
2/20/15 | ||||
9/6/08 | ||||
List all Filings |