NUMINuveen Municipal Income ETF

Get income1y track recordRanked #950 of 1,622 in this goal

Provides high current income exempt from regular federal income taxes.

By Nuveen · Launched 2025

Annual Cost

0.29%

#1,391 of 5,562 · low cost

Fund Size

$81M

#3,131 of 5,562 · mid-size

Dividend YieldGoal

3.67%

Track Record

1 year

#4,113 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,740+7.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 11.9% of fund✓ well diversified

Adams County School District 14, Colorado, General Obligation Bonds, Series 2025

1.7%

California State University, Systemwide Revenue Bonds, Series 2025A

1.3%

Collin County, Texas, General Obligation Bonds, Refunding Limited Tax Permanent Improvement, Tax Notes Series 2025

1.3%

Illinois State, Sales Tax Revenue Bonds, Build Illinois, Refunding Junior Obligation March Series 2025B

1.2%

Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Saint Anthony's Medical Center, Series 2015B

1.2%

University of California, General Revenue Bonds, Limited Project Series 2016K

1.2%

Eastern Municipal Water District Community Facilities District 2018-80 Willow Springs, California, Special Tax Bonds Series 2025

1.2%

California State, General Obligation Bonds, Refunding Various Purpose Series 2024

1.0%

California State, General Obligation Bonds, Various Purpose Refunding Series 2025

1.0%

Wilson School District, Berks County, Pennsylvania, General Obligation Bonds, Notes Series 2025D

0.9%

Asset allocation

Bonds

97.7%

Cash

2.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-4.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.9 years

Avg maturity

10.5 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Provides high current income exempt from regular federal income taxes.
Strategy: Invests primarily in municipal bonds exempt from federal income tax, including those from U.S. states and territories. At least 80% of net assets are in these bonds, with a focus on investment-grade rated BBB/Baa or higher. The Fund may also invest up to 35% in below investment grade municipal bonds. The sub-adviser employs a value-oriented strategy to find higher-yielding, undervalued bonds, and may sell those with deteriorating credit. The overall portfolio typically has a weighted average maturity of over 10 years.
Inception date: January 22, 2025
Fund family: Nuveen