Nushares ETF Trust - Nuveen AA-BBB CLO (NCLO) ETF Holdings & Analysis

What NCLO does

NCLO provides USD-denominated CLO exposure, seeking total returns primarily through current income. The fund focuses on debt tranches rated AA+ to BBB- or equivalent. CLOs include senior secured, unsecured, subordinate, and covenant-lite loans. The fund has no restrictions on maturity and may invest in floating- and fixed-rates. To manage risk, the fund limits exposure to 5% in any single CLO and 15% with any single CLO manager and excludes CLO equity and tranches rated below B-. While the fund predominantly invests in investment-grade securities, it may allocate up to 10% of assets to non-investment-grade CLOs. Additionally, up to 20% of assets may be held in cash or fixed-income ETFs.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how NCLO fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does NCLO track?

NCLO is the Nushares ETF Trust - Nuveen AA-BBB CLO ETF, a Other ETF.

What is the expense ratio of NCLO?

Expense ratio data for NCLO is shown on the page when available from our data provider.

What are the largest holdings in NCLO?

Top holdings include MAGNE 2020 VRN 01/25/2038, ELM24 2023 VRN 01/17/2038, OCP 2025-4 VRN 04/16/2038, CIFC 2026- VRN 04/25/39, NEUB 2019- VRN 07/20/2039.

How can PortView analyze NCLO overlap with other ETFs?

PortView computes the holdings overlap between NCLO and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.