Nuveen Core Plus Bond
$24.12−0.20 (−0.83%)
History starts Mar 6, 2024.
- Expense ratio
- 0.31%
- Fund size
- $55M
- 1Y return
- +1.0%
- Yield · Last 12 months
- 5.36%
- Holdings
- 494
- Volume · 30D
- 0M sh
- NAV per share
- $24.28
- 52W range
The ETF.net NCPB Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 44Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 39Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 37Category rank
Our read on NCPB
BNuveen's active take on the core bond sleeve: mostly investment-grade, with a license to reach into high yield for extra spread, at a price tag under the typical fund in its category.
The fund is actively managed and invests primarily across a broad range of investment-grade bonds and other fixed-income securities, with flexibility to invest in high-yield bonds.
Why people hold it
- Charges 0.31% a year, below the typical fund in its aggregate-bond peer group, which is rare for an actively managed portfolio.
- Managers run a broad investment-grade book of roughly 500 positions with the flexibility to add high yield, rather than mirroring one index.
- Pays monthly, and the portfolio has stayed closely aligned with the mandate its prospectus describes.
- Sits in the upper half of a very crowded core-bond field, which is a real result in a category dominated by index giants.
Worth knowing
- Thinly traded, so buying and selling can cost more in spread than the household-name index bond funds.
- Cheap for active, expensive next to index rivals: BND, SPAB and SCHZ each charge 0.03% to hold the plain aggregate.
- Launched in 2024, so the track record is short, and the high-yield allowance means more credit risk than an investment-grade-only index.
NCPB Holdings
- Bonds
- 494
- 19%
- US T-BOND 4.625% 11/15/44
Geography
- United States81.06%
- United Kingdom2.96%
- Canada1.68%
- France1.52%
- Mexico1.32%
- Saudi Arabia1.29%
- Luxembourg0.95%
- Hungary0.70%
- 8.53%
NCPB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
NCPB$10,096
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NCPB |
|---|---|
| Year to date | −0.4% |
| 1 month | −0.5% |
| 3 months | −1.1% |
| 1 year | +1.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NCPB |
|---|---|---|
| 2026 YTD | −0.4% | |
| 2025 | +7.7% | |
| 2024 | +2.8% |
NCPB in the news
NCPB Dividends
- 5.36%
- $1.30
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 2, 2026 | $0.10 |
| Aug 3, 2026 | Aug 4, 2026 | $0.11 |
| Jul 1, 2026 | Jul 2, 2026 | $0.11 |
| Jun 1, 2026 | Jun 2, 2026 | $0.10 |
| May 1, 2026 | May 4, 2026 | $0.11 |
| Apr 1, 2026 | Apr 2, 2026 | $0.10 |
| Mar 2, 2026 | Mar 3, 2026 | $0.10 |
| Feb 2, 2026 | Feb 3, 2026 | $0.10 |
| Dec 18, 2025 | Dec 19, 2025 | $0.14 |
| Dec 1, 2025 | Dec 2, 2025 | $0.10 |
| Nov 3, 2025 | Nov 4, 2025 | $0.10 |
| Oct 1, 2025 | Oct 2, 2025 | $0.13 |
NCPB Risk
- 4.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.004
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NCPB Cost
0.31%
NCPB0.31%
- The middle half of Investment Grade Corporate funds
- Median 0.30%
27 of the 49 Investment Grade Corporate funds charge less.