Nuveen ESG Dividend ETF is a well-diversified large/mid-cap ESG ETF with a 0.26% expense ratio and $29 million in assets. Its key exclusions are stocks in the tobacco, oil, and weapons industries. Its Index applies screens for quality and dividend yield, though it's not done in an optimal way. I'll take readers through why and suggest a different approach. Fundamentally, NUDV is average in many categories, though one key advantage it has over many peers is a solid 9.72% one-year estimated earnings per share growth rate.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TM Thomas Mason Mason & Associates Inc. | 16,377 | $488,198.37 | $538,967.07 | $50,768.7 | 10.4% |
Denise Reinert CGC Financial Services, LLC | 198,448 | $5.63M | $6.57M | $940,749.8 | 16.7% |
David Levy Diversified Enterprises LLC | 36,265 | $1.02M | $1.2M | $181,617.93 | 17.82% |
Lauren Sterling NerdWallet Wealth Partners LLC | 7,094 | $230,920 | $235,662.68 | $4,742.68 | 2.05% |
| BATS Exchange | US Country |
The company operates within the financial sector, particularly focusing on investment funds that adhere to environmental, social, and governance (ESG) criteria. By investing primarily in high dividend paying equity securities issued by U.S.-listed companies that meet these ESG standards, the company offers an opportunity for investors to potentially earn returns through dividends while supporting sustainability and responsible corporate behavior. Targeting assets that are part of a specified ESG index, the company commits at least 80% of its combined net assets and borrowings for investment purposes towards these selected securities, aiming to align investors' portfolios with their values without compromising on potential financial gains.
Below is an overview of the company's main product offerings, which are characterized by a focus on ESG criteria within the investment landscape:
This product focuses on equity securities that offer high dividend yields, selected from companies that are listed on U.S. exchanges. By prioritizing dividends, this investment strategy seeks to provide investors with a steady income stream. The securities included in this category are chosen based on their ability to meet strict environmental, social, and governance criteria, thus ensuring that investments contribute to positive societal outcomes.
The company differentiates its offerings by ensuring all invested assets meet certain ESG criteria. This encompasses a broad range of considerations, from environmental sustainability practices to social responsibility and ethical governance. Investments that fall under this category are part of an overarching strategy aimed at generating financial returns while simultaneously having a beneficial impact on society and the environment.
Component securities of the specified ESG index form the core of the company’s investment strategy. These securities are selected based on their alignment with the ESG criteria and their potential to contribute to the overall performance of the fund. By committing a substantial portion of its assets to these index components, the company offers investors exposure to a diversified portfolio of responsible and potentially high-performing investments.