(NCLO) NuShares Trust - Ratings and Ratios

The NuShares ETF Trust (NCLO) is an actively managed exchange-traded fund (ETF) designed to capitalize on the debt tranches of Collateralized Loan Obligations (CLOs). Under normal market conditions, the fund allocates at least 80% of its net assets and borrowings to CLO debt tranches rated between AA+ and BBB- by nationally recognized rating agencies. If unrated, the funds management team assesses these assets for comparable credit quality. The fund is non-diversified, meaning it can concentrate its holdings in fewer securities, which may amplify risk or return potential. CLOs are structured financial instruments that pool together leveraged loans, offering a senior position in the capital structure, which can provide a degree of protection against default. The funds focus on CLO debt tranches is appealing to investors seeking exposure to corporate credit with a layer of diversification across various industries and issuers.

As of the latest data, the fund has an average 20-day volume of 19,488 shares, with a last price of $25.04. Its short-term and long-term moving averages (SMA 20: $25.13, SMA 50: $25.03, SMA 200: $25.02) indicate a stable price trend, with minimal deviation. The Average True Range (ATR) of 0.04 reflects low volatility, suggesting the funds price movements are relatively contained. With assets under management (AUM) of $79.74 million, the fund operates at a moderate scale, balancing liquidity with focused exposure to the CLO market.