NULC ETF — Nuveen ESG Large-Cap ETF

Nuveen ESG Large-Cap ETF (NULC)

NULC is an ETF. its trailing-12-month yield is 8.85%, its expense ratio is 0.21%. Total return is 165.6% over the past 7.3 years, 37.3 points behind SPY at 202.9%.

Nuveen ESG Large-Cap ETF is an exchange-traded fund that tracks a customized index of large- and mid-capitalization U.S. companies selected from the MSCI USA Index based on environmental, social, and governance criteria, holding at least 80% of its assets in these component securities. The fund offers a modest current distribution rate with annual distributions and carries a low expense ratio of 0.21%. It appeals to equity investors seeking exposure to large-cap U.S. companies with ESG characteristics alongside regular income.

NULC performance versus SPY

Price and return data through 2026-09-18.

Total return is 165.6% over the past 7.3 years, 37.3 points behind SPY at 202.9%. Over the past year its total return — price change plus distributions reinvested — is 10.6%. Its deepest 1-year drawdown was 12.3%.

NULC key facts

Issuer

Nuveen

Asset type

ETF

Asset class

Equity

Inception date

06/03/2019

Expense ratio

0.21%

Distribution frequency

None

Trailing yield

8.85%

Last close

$54.96 (as of 2026-09-18)

NAV

$54.33

Premium / discount

1.16% premium

AUM

$71,341,861

Average volume

400.0

Last ex-dividend date

12/18/2025 (as of 2025-12-18)

Last payment date

12/19/2025 (as of 2025-12-19)

Beta

1.01

P/E ratio

27.4694

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (8.85%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Nuveen; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NULC risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.3%.

Who may consider NULC — and who may not

It is a weaker fit for investors who need monthly cash flow (NULC does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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