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About Nuveen Growth Opportunities ETF
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Inception date
Sep 27, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
NUGO seeks long-term capital growth from an actively managed, concentrated portfolio of 40 to 65 US large-caps exhibiting a combination of growth, quality, and value characteristics. Eligible firms with at least $1 billion market-cap are further analyzed based on: earnings growth, cash flow, products and services, balance sheet, return-on-investment (ROI), management integrity, and relative valuation. The fund may have a foreign exposure of up to 20% through American Depositary Receipts (ADRs) and may also utilize US-listed futures. Unlike traditional ETFs that disclose holdings daily, the fund has a non-transparent structure and publishes a proxy portfolio on its websitethat includes only some of the funds holdings, along with certain related information metrics. Actual holdings are published monthly with a 30-day lag. NUGO is Nuveens first ETF that is not based on one of its existing mutual funds.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Retail Trade
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.