ETF Evaluator:
Nuveen Securitized Income ETF ()
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(as of Aug 26)
Best Performing in Securitized Bond - Diversified Over the Last Year
| 6.5% | Obra Opportunistic Structured Prdcts ETF (OOSP) |
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| 5.2% | Obra High Grade Structured Products ETF (OGSP) |
| 5.0% | Touchstone Securitized Income ETF (TSEC) |
| 4.8% | Eaton Vance Mortgage Opportunities ETF (EVMO) |
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ETF Details
Nuveen Securitized Income ETF Overview
Nuveen Securitized Income ETF (NSCI) is an actively managed Taxable Bond Securitized Bond - Diversified exchange-traded fund (ETF). Nuveen launched the ETF in 2025.
The investment seeks a high level of current income and total return.
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to pursue its investment objective by investing, under normal circumstances, at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in securitized credit investments. The fund may invest up to 50% of its total assets in securities rated lower than investment grade or unrated securities of comparable quality as determined by the fund’s sub-adviser (securities commonly referred to as “high-yield” securities or “junk” bonds). The fund is non-diversified.
About Nuveen Securitized Income ETF (NSCI)
There are 3 members of the management team with an average tenure of 0.85 years: Nicholas Travaglino (2025), Aashh Parekh (2025) and Christopher Jeltrup (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Nuveen Securitized Income ETF has 222 securities in its portfolio. The top 10 holdings constitute 15.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Nuveen Securitized Income ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Nuveen Securitized Income ETF has 6.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 96.2% (89.4% domestic bond, 6.8% foreign bond and 0.0% convertible bond). Nuveen Securitized Income ETF has 3.8% of the portfolio in cash.
Assets Under Management
The fund has $207 million in total assets, which is below the $912 million average for the Securitized Bond - Diversified category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NSCI Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nuveen Securitized Income ETF expense ratio is below average compared to funds in the Securitized Bond - Diversified category. Nuveen Securitized Income ETF has an expense ratio of 0.38%, which is 8% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nuveen Securitized Income ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 154% for the Securitized Bond - Diversified category.
Recently, in the month of July 2026, Nuveen Securitized Income ETF returned 0.3%, which earned it a grade of A, as the Securitized Bond - Diversified category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Nuveen Securitized Income ETF has a trailing yield of 0.00%, which is below the 5.35% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nuveen Securitized Income ETF Grades
Year to date, the ETF has returned 2.6%, 1.5 percentage points better than the category, which translates into a grade of A.
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NSCI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NSCI Return (NAV) | 0.3% | 1.1% | na | na | na | na |
| NSCI Return (Price) | 0.3% | 1.3% | na | na | na | na |
| NAV +/- Price Return | -0.002% | -0.160% | na | na | na | na |
| Securitized Bond - Diversified Avg | -0.4% | 0.2% | 4.5% | 5.8% | 1.6% | 2.7% |
| NSCI Grade (NAV) | A | A | na | na | na | na |
| +/- Category (NAV) | 0.7% | 1.0% | na | na | na | na |
| NSCI Tax-Cost Ratio | na | na | na | na | na | na |
NSCI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NSCI Return (NAV) | 2.6% | na | na | na | na | na | na | na | na | na | na |
| NSCI Return (Price) | 2.7% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.046% | na | na | na | na | na | na | na | na | na | na |
| Securitized Bond - Diversified Avg | 1.1% | 7.6% | 5.1% | 6.6% | -10.6% | 1.3% | 2.9% | 5.9% | 1.6% | 3.7% | 3.0% |
| NSCI Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.5% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 207 Mil |
| Share Class Assets: | $ 207 Mil |
| Turnover: | na |
| Expense Ratio: | 0.38% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.9 years | |||
| Average Tenure: 0.9 years | |||
| Managers (Year): Travaglino Nicholas (2025), Parekh Aashh (2025), Jeltrup Christopher (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 222 |
| % in Top 10 Holdings: | 15.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 6.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 89.4% |
| Foreign Bond: | 6.8% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Nuveen |
| Phone Number: | 888-290-9881 |
| Website: | http://www.nuveen.com |
| Inception Date: | September 23, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.38% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.41% |
