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NSCI

GradeANew York Stock Exchange Arca

Nuveen Securitized Income

Specialty Bonds · Nuveen · Inception 2025-09-23

$25.00−0.01 (−0.04%)

As of Sep 23, 2026, 10:37 AM EDT

History starts Sep 24, 2025.History starts Sep 24, 2025.
Intraday session: down, 6 prints from 25.01 to 25.00. Range 24.99 to 25.05. Use the arrow keys to read each point.$25.02$25.0410 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$271M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
236
Volume · 30D
0.1M sh
NAV per share
$25.00
52W range
low $24.98high $25.46

The ETF.net NSCI Grade

A

71/ 100

Rank 1 of 11 in Multi-Sector Securitized Bond⁠

Confidence Medium

Six-pillar profile for NSCI. Scores out of 100: Cost 67, Risk 66, Mission 0, Tradability 77, Holdings 85, Durability 65. Strongest: Holdings (85). Weakest: Mission (0). Leans toward Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 71 of 100 sits in the A 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.
    BScore 67
    Category rank4/11 · top 36%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 0
    Category rank4/4 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 66
    Category rank3/10 · top 30%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 77
    Category rank1/11 · top 9%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 85
    Category rank2/11 · top 18%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 65
    Category rank3/11 · top 27%

Graded as of Sep 22, 2026

Our read on NSCI

ETF.net Research

ASecuritized credit is the bond market's plumbing: mortgage, consumer-loan and CLO paper that broad index funds only skim. NSCI is Nuveen's active run at it, holding at least 80% in structured bonds with room to reach below investment grade.

Stated mandate

The Fund seeks a high level of current income and total return. It is actively managed and normally invests at least 80% of net assets plus investment borrowings in securitized credit investments.

Why people hold it

  1. 01Active securitized credit for 0.38% a year, under its bond-cohort median and under the closest rival, iShares' SECU at 0.40%.sec.gov
  2. 02Mandate spans agency and non-agency MBS, CMBS, ABS and CLOs, spread across roughly 200 positions rather than a handful of big bets.sec.govnuveen.com
  3. 03Guardrails are in the prospectus: up to 50% below investment grade, nothing rated under CCC at purchase, unrated capped at 25%.sec.gov

Worth knowing

  1. 01No index to hug. Returns ride on Nuveen's securitized desk picking the right structures, which cuts both ways.sec.gov
  2. 02Launched in 2025, so there is no long record to judge the strategy through a full credit cycle.
  3. 03Thinly traded and small so far, which can mean wider spreads than household bond ETFs, especially on large or hurried orders.

NSCI Holdings

As of Sep 20, 2026, 6:24 AM
Asset class
Bonds
Holdings
236
Top-10 weight
12%
Largest holding
CAS 2023-R VRN 09/25/20431.8%
The fund’s holdings, weight-ordered — page 1 of 17.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CAS 2023-R VRN 09/25/20431.75%4,657,000$5M1
002—NYCT 2024- VRN 08/15/20291.40%3,820,000$4M1
003—ARDN 2025- VRN 06/15/20351.29%3,500,000$4M2
004—JPMMT 2025 VRN 05/25/20561.25%3,441,964$3M1
005—AIMCO 2022 VRN 07/20/20391.10%3,000,000$3M2
006—JPMMT 2026 VRN 12/01/20661.08%3,000,000$3M1
007—CHASE 2025 VRN 07/25/20561.03%2,845,661$3M1
008—FR SD8420 5.5% 04/01/541.01%2,835,656$3M1
009—CAS 2023-R VRN 05/25/430.99%2,450,000$3M1
010—FN MA5107# 5.50% 8/1/530.97%2,708,841$3M2
011—BX 2026-AH VRN 06/15/20430.92%2,500,000$3M2
012—VERUS 2026 VRN 09/25/20710.91%2,500,000$2M1
013—OBX 2026-N VRN 04/26/660.89%2,500,000$2M1
014—NRZT 2026- VRN 11/25/20650.89%2,500,000$2M1
015—CHASE 2026 VRN 07/25/20570.87%2,500,000$2M1

Showing 1–15 of 244 holdings

NSCI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

NSCI$10,257
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. NSCI $10,257. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

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.

Trailing total return for NSCI. Periods over one year show the average yearly return.
PeriodNSCI
Year to date+2.6%
1 month−0.4%
3 months+0.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NSCI
YearReturn barNSCI
2026 YTD+2.6%
2025+1.7%

History from Sep 24, 2025

NSCI in the news

NSCI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 11 payments from 2025 to 2026 YTD. Nov 3, 2025 $0.08; Dec 1, 2025 $0.08; Dec 18, 2025 $0.12; Feb 2, 2026 $0.09; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.11. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 2, 2026$0.11
Aug 3, 2026Aug 4, 2026$0.10
Jul 1, 2026Jul 2, 2026$0.10
Jun 1, 2026Jun 2, 2026$0.10
May 1, 2026May 4, 2026$0.10
Apr 1, 2026Apr 2, 2026$0.10
Mar 2, 2026Mar 3, 2026$0.10
Feb 2, 2026Feb 3, 2026$0.09
Dec 18, 2025Dec 19, 2025$0.12
Dec 1, 2025Dec 2, 2025$0.08
Nov 3, 2025Nov 4, 2025$0.08

NSCI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
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.

The largest fall from a peak to the low that followed.
—
No data available
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.

How strongly the fund’s returns move with its asset-class index.
0.05
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

NSCI Cost

Expense ratio0.38%
  • The middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

3 of the 11 Multi-Sector Securitized Bond funds charge less.

NSCI costs $38.00 a year on $10,000. The median Multi-Sector Securitized Bond fund costs $39.00.