---
ticker: "NCLO"
name: "Nushares ETF Trust - Nuveen AA-BBB CLO ETF"
url: "https://etf.net/etf/NCLO"
grade: "C"
score: 47
graded_at: "2026-10-12"
category: "Collateralized Loan Obligations (CLO)"
category_rank: "18 of 34"
methodology: "https://etf.net/methodology"
---

# NCLO: Nushares ETF Trust - Nuveen AA-BBB CLO ETF

Grade **C**, Score 47 of 100. Rank 18 of 34 in Collateralized Loan Obligations (CLO).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 56 | 15 of 34 |
| Mission | Not scored | — |
| Risk | 12 | 32 of 33 |
| Tradability | 61 | 11 of 34 |
| Holdings | 53 | 22 of 34 |
| Durability | 56 | 15 of 34 |

## Top holdings

The fund holds 119 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GVMXX | State Street Institution | 9.89% |
| 2 | — | Neub 2019- Vrn 07/20/2039 | 2.19% |
| 3 | — | ELM27 2024 Vrn 04/18/2039 | 2.19% |
| 4 | — | Glm 2026-3 Vrn 07/20/2039 | 2.19% |
| 5 | — | Aimco 2021 Vrn 04/17/2038 | 2.19% |
| 6 | — | Kkr 32A A1 Vrn 07/15/2039 | 2.19% |
| 7 | — | Glm 2022-1 Vrn 07/20/2037 | 1.75% |
| 8 | — | Aimco 2015 Vrn 10/17/2038 | 1.75% |
| 9 | — | Ocp 2024-3 Vrn 10/22/2038 | 1.64% |
| 10 | — | Oakc 2021- Vrn 07/18/2038 | 1.54% |
| 11 | — | Ocp 2025-4 Vrn 10/15/2038 | 1.54% |
| 12 | — | Aimco 2022 Vrn 07/20/2039 | 1.53% |
| 13 | — | Ocp 2025-4 Vrn 04/16/2038 | 1.53% |
| 14 | — | Glm 2023-1 Vrn 01/20/2039 | 1.48% |
| 15 | — | Mido 2024- Vrn 10/20/2037 | 1.42% |
| 16 | — | Magne 2025 Vrn 10/25/2038 | 1.42% |
| 17 | — | Aimco 2018 Vrn 10/17/2037 | 1.32% |
| 18 | — | Cifc 2026- Vrn 04/25/39 | 1.32% |
| 19 | — | Ares 2024- Vrn 01/15/2037 | 1.31% |
| 20 | — | Litpk 2025 Vrn 10/24/37 | 1.31% |
| 21 | — | Kkr 2026-6 Vrn 07/15/2039 | 1.25% |
| 22 | — | Boyce 2022 Vrn 04/21/2035 | 1.23% |
| 23 | — | Plmrs 2025 Vrn 04/20/2038 | 1.19% |
| 24 | — | Tcifc 2024 Vrn 07/22/2039 | 1.18% |
| 25 | — | Bally 2026 Vrn 04/20/2039 | 1.10% |
| 26 | — | Anchc 2021 Vrn 01/20/2035 | 1.10% |
| 27 | — | Mido 2024- Vrn 01/20/2038 | 1.10% |
| 28 | — | Cgms 2021- Vrn 10/15/2038 | 1.09% |
| 29 | — | Plmrs 2023 Vrn 01/20/2038 | 1.02% |
| 30 | — | Kkr 2024-5 Vrn 10/20/2037 | 1.01% |

Source: etf.net, https://etf.net/etf/NCLO. Please cite the page URL.