 The
NuShares Short-Term REIT ETF (NURE) is an exchange-traded fund that
seeks to track the performance of the Dow Jones US Select Short-Term
REIT Index. The index measures the performance of publicly traded real
estate investment trusts (REITs) in the United States that have a
targeted focus on short-term, income-producing assets. The fund is
managed by Nuveen, a global asset manager that offers a wide range of
investment solutions across various asset classes.
NURE offers
investors exposure to a diversified portfolio of short-term,
income-producing real estate assets. These assets typically have
shorter lease durations and are less sensitive to interest rate
changes than longer-term assets. This can make them more resilient
during periods of rising interest rates. As of March 23, 2023, the
fund has total net assets of approximately $53 million and holds 47
securities. The top holdings include Prologis Inc, Digital Realty
Trust Inc, and Equinix Inc.
NURE is designed for investors
seeking income and short-term capital appreciation through exposure to
U.S. real estate markets. The fund has an expense ratio of 0.35%,
which is relatively low for a specialized ETF. Investors should note
that investing in REITs involves risks, including interest rate risk,
credit risk, and market risk. Additionally, the fund may be more
sensitive to economic and political developments that impact the real
estate industry.
Overall, NURE can be a useful tool for
investors seeking targeted exposure to short-term, income-producing
real estate assets in the United States. As with any investment, it is
important to carefully consider the fund's investment objectives,
risks, and expenses before investing.
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