At-a-glance
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Overview
Actively managed global bond strategy that invests primarily in investment grade corporate fixed income securities that demonstrate direct and measurable environmental and social impact. In the EU, the strategy is reporting as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR).
Strategy highlights
- Active diversified credit: Exposure to investment grade corporates and other credit sectors designed to deliver alpha and total return by leveraging scale, deep sector expertise and embedded risk-management process
- Measurable impact: dedicated to impact investing in public markets by investing in use of proceeds securities that establish or perpetuate environmental or social benefits and where issuers commit to transparent reporting
- Impact investing innovator: long history of managing responsible investing mandates, becoming among the largest managers of assets under ESG principles1
Our impact framework is inclusionary and intentional. We often refer to our impact framework as direct and measurable, and it is designed to maximize our control over use of proceeds and the ultimate allocation of capital.
Portfolio management team
1 Pensions & Investments, 10 Jun 2024, updated annually: most recent data available. Rankings based on total worldwide assets as of 31 Dec 2023 reported by each responding asset manager, with 411 firms responding.
2 Diversification does not guarantee a profit or protect against loss.
Important information on risk
Investing involves risk; principal loss is possible. There is no guarantee the strategy's investment objectives will be achieved. Because the Impact Criteria and/or Nuveen’s Environmental Social Governance (ESG) investment criteria may exclude investments of certain issuers for non-financial reasons, the strategy may forgo some market opportunities available to strategies that do not use these criteria. This may cause the strategy to underperform the market as a whole or other strategies that do not use an Impact Criteria or ESG investment strategy or that use a different methodology or different factors to determine an investment’s impact and/or ESG investment criteria. Non-U.S. investments involve risks such as currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. These risks are magnified in emerging markets. Credit risk arises from an issuer's ability to make interest and principal payments when due, as well as the prices of bonds declining when an issuer's credit quality is expected to deteriorate. Interest rate risk occurs when interest rates rise causing bond prices to fall. The issuer of a debt security may be able to repay principal prior to the security's maturity, known as prepayment (call) risk, because of an improvement in its credit quality or falling interest rates. In this event, this principal may have to be reinvested in securities with lower interest rates than the original securities, reducing the potential for income. Investments in below investment grade or high yield securities are subject to liquidity risk and heightened credit risk. Investments in debt securities issued or guaranteed by governments or governmental entities are subject to the risk that an entity may delay or refuse to pay interest or principal on its sovereign debt because of cash flow problems, insufficient foreign reserves, or political or other considerations. In this event, there may be no legal process for collecting sovereign debts that a governmental entity has not repaid.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.
Important Disclosures
These materials are provided solely for use in private meetings and are intended for informational and discussion purposes only. These materials are only for use by the intended party and may only be circulated only to persons whom they may lawfully be distributed. Persons who do not fall within such descriptions may not act upon the information contained in these materials. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with local laws, and in particular any applicable financial promotion rules.
The information presented in these materials is believed to be materially correct as at the date hereof, but no representation or warranty (express or implied) is made as to the accuracy or completeness of any of this information. Data was taken from sources deemed reliable, but cannot guarantee its accuracy. The statements contained herein reflect opinions as of the date written and are subject to change without further notice. Nothing set out in these materials is or shall be relied upon as a promise or representation as to the past or future.
This document is not a prospectus and does not constitute an offer to the public. No public offering or advertising of investment services or securities is intended to have taken effect through the provision of these materials. It is not intended to provide specific investment advice including, without limitation, investment, financial, legal, accounting or tax advice, or to make any recommendations about suitability for any particular investor.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Nuveen, LLC provides investment solutions through its investment specialists.
Nuveen securities, LLC, member FINRA and SIPC.
