Nuveen Ultra Short Income

Frequently Asked Questions About NUSB

What does NUSB invest in?

This fund features a broad and strategically managed collection of top-tier debt instruments, all characterized by their extremely brief maturities.

What is the expense ratio of NUSB?

Nuveen Ultra Short Income (NUSB) charges an expense ratio of 0.17%. This is the annual fee deducted from fund assets to cover management and operations.

What is NUSB's dividend yield?

NUSB's trailing-twelve-month yield is 4.25%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of NUSB?

Effective duration measures NUSB's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NUSB's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of NUSB?

NUSB's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of NUSB?

Yield to maturity (YTM) is the total return you'd earn from NUSB if every bond in the portfolio is held to maturity at the current price. NUSB's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.