Nuveen enters active ETF market
The three strategies it is rolling out as semitransparent ETFs are already available as mutual funds.
Nuveen has entered the market for actively managed exchange-traded funds with three ETFs focusing on small-cap stocks, dividend growth stocks and large-cap growth stocks.
As semitransparent exchange-traded funds, their holdings will be disclosed monthly, “generally following the same holdings disclosure schedule as the mutual funds within the same fund family,” Nuveen said in a release.
The three new funds, which are already available as mutual fund strategies from Nuveen, are the Nuveen Small Cap Select ETF, Nuveen Dividend Growth ETF and the Nuveen Winslow Large-Cap Growth ESG.
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