Nuveen Ultra Short Income
$25.17+0.01 (+0.04%)
- 0.17%
- $158M
- +3.8%
- 4.15%
- 0M sh
- $25.16
- low $25.12high $25.66
The ETF.net NUSB Grade
B
Score 63 out of 100
- 33 of 78
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B56 out of 100Rank 31 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 62 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 50 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 21 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D37 out of 100Rank 58 of 78
Our read on NUSB
BNuveen's 2024 entry in the cash-parking aisle: an actively run bond fund that keeps duration near a year or less, leans investment grade, pays monthly, and charges less than the typical ultra-short ETF.
The actively managed ETF seeks total return consistent with preservation of capital. It invests at least 80% in income-producing fixed-income securities, primarily investment grade, while seeking duration of one year or less, except that duration may reach two years in certain market conditions.
Why people hold it
- Charges 0.17%, under the 0.20% median for cash-alternative ETFs and a hair below JPST's 0.18%.
- Run by people, not an index: at least 80% in income-producing fixed income, primarily investment grade, with duration targeted at one year or less.nuveen.com
- Pays monthly, spread across roughly 140 positions, so income lands on a regular cadence instead of quarterly.
Worth knowing
- Thinly traded next to the category's household names, so bid-ask spreads can matter more on bigger orders.
- Cheap, not cheapest: ICSH runs 0.08% in the same aisle.
- Duration can stretch toward two years in certain market conditions, and holdings are primarily rather than exclusively investment grade. Not a T-bill stand-in.
NUSB Holdings
- Bonds
- 143
- 15%
- Us 2YR Note (Cbt) DEC26
Geography
- United States88.52%
- Canada8.29%
- Australia1.22%
- Netherlands0.99%
- Ireland0.99%
NUSB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
NUSB$10,379
Returns run to the Oct 12, 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 | NUSB |
|---|---|
| Year to date | +2.8% |
| 1 month | +0.2% |
| 3 months | +0.8% |
| 1 year | +3.8% |
| 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 | NUSB |
|---|---|---|
| 2026 YTD | +2.8% | |
| 2025 | +4.7% | |
| 2024 | +4.4% |
NUSB in the news
NUSB Dividends
- 4.15%
- $1.04
- $0.08 per share
- Monthly
Distribution history
NUSB Risk
- 0.4%
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.
- 0.65
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.
- −0.2%
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.
- 0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NUSB Cost
0.17%
NUSB0.17%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
30 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- BCGOVCorgi ETF Trust I - Corgi 0-3 Month T-Bill ETFExpense ratio 0.05%1 year return —
- BIQMMProShares - GENIUS Money Market ETFExpense ratio 0.15%1 year return —
- BOBILUS Treasury 12 Month Bill ETFExpense ratio 0.15%1 year return +3.1%
- BFTSMFirst Trust Enhanced Short Maturity ETFExpense ratio 0.29%1 year return +3.5%
- BCBILCorgi ETF Trust I - Corgi 3-12 Month T-Bill ETFExpense ratio 0.05%1 year return —