NURE

Nuveen Short-Term REIT ETF

$28.03
+0.00%
Market closed. Last update: 12:36 PM ET

📎 Investment Objective

The Nuveen Short-Term REIT ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Dow Jones U.S. Short-Term Real Estate Index.

Overview

ETF tracking Nuveen Short-Term REIT ETF

Category Real Estate
Issuer Other
Inception Date 2016-12-20
Market Cap $32.2M
Average Volume N/A
Dividend Yield 4.42%
52-Week Range $26.98 - $34.58
VWAP $27.95

Performance

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Investment Summary

📎 Investment Objective

The Nuveen Short-Term REIT ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Dow Jones U.S. Short-Term Real Estate Index.

🎯 Investment Strategy

The fund invests in a portfolio of real estate investment trusts (REITs) that are included in the Dow Jones U.S. Short-Term Real Estate Index. The index is designed to measure the performance of publicly traded REITs with relatively short lease durations.

✨ Key Features

  • Focuses on REITs with shorter-term leases, which may be less sensitive to interest rate changes
  • Diversified exposure to the U.S. REIT market
  • Passively managed to track the performance of the underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration in the real estate sector, which can be volatile and cyclical
  • Potential for lower returns compared to REITs with longer lease durations
  • Liquidity risk if the ETF experiences low trading volume
  • Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

The Nuveen Short-Term REIT ETF may be suitable for investors seeking exposure to the U.S. REIT market with a focus on shorter-term lease durations, which can potentially provide some protection against rising interest rates. It may be appropriate as a component of a diversified portfolio, but investors should be aware of the risks associated with the real estate sector.