Nushares ETF Trust - Nuveen AA-BBB CLO ETF
Nushares ETF Trust - Nuveen AA-BBB CLO ETF (AMEX: NCLO) is an exchange-traded fund listed on NYSE Arca, trading at $24.97 (about ₹2,345 a unit) as of 9 Nov 2026, 3:59 PM ET. It has an expense ratio of 0.26% and holds 107 securities. Indian residents can buy NCLO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.93
Today's high
$25.01
52 week low
$24.22
52 week high
$25.36
NCLO opened at $25.00, closed previously at $24.97, and has traded between $24.22 and $25.36 over the past 52 weeks.
About
NCLO provides USD-denominated CLO exposure, seeking total returns primarily through current income. The fund focuses on debt tranches rated AA+ to BBB- or equivalent. CLOs include senior secured, unsecured, subordinate, and covenant-lite loans. The fund has no restrictions on maturity and may invest in floating- and fixed-rates. To manage risk, the fund limits exposure to 5% in any single CLO and 15% with any single CLO manager and excludes CLO equity and tranches rated below B-. While the fund predominantly invests in investment-grade securities, it may allocate up to 10% of assets to non-investment-grade CLOs. Additionally, up to 20% of assets may be held in cash or fixed-income ETFs.
Key statistics
Expense ratio
0.26%
Assets (AUM)
$248.5M
Holdings
107
NAV
$24.97
Avg. volume
81.76K
1-year price change
-0.32%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
NCLO holds 107 securities in total. These 10 are 17.8% of the fund.
Where the money is invested
Sectors
Countries
How to buy NCLO from India
Indian residents can buy NCLO units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in NCLO from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search NCLO and buy
Find the fund by its ticker, NCLO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your NCLO position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying NCLO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the NCLO price today?
Nushares ETF Trust - Nuveen AA-BBB CLO ETF (NCLO) last traded at $24.97 on NYSE Arca, as of 9 Nov 2026, 3:59 PM ET. That is ₹2,345 a unit at the 9 Nov 2026 USD/INR rate.
When does NCLO trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is NCLO, and what does it cost to hold?
Nushares ETF Trust - Nuveen AA-BBB CLO ETF manages about $248.5M. Its expense ratio is 0.26% a year, deducted inside the fund. It launched in 2024.
What are NCLO's largest holdings?
The top three are STATE STREET INSTITUTION (2.9%), CIFC 2026- VRN 04/25/39 (2.0%) and TCIFC 2024 VRN 07/22/2039 (1.8%). NCLO's 10 largest positions make up 17.8% of the fund.
Does NCLO pay dividends?
Yes. NCLO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on NCLO taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of NCLO?
Yes. You can buy NCLO by amount rather than by whole unit, and there is no minimum trade size.
How has NCLO performed?
NCLO's price is down 0.3% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.