Nuveen Takes Over Sub-Advisory Role for OneAscent Bond ETF

OneAscent has announced that Nuveen Asset Management has assumed sub-advisory responsibilities for the OneAscent Core Plus Bond ETF (OACP) following the merger of Teachers Advisors, LLC into Nuveen on July 31, 2026. The transition became effective August 1 and occurs under the existing sub-advisory agreement. The ETF’s portfolio management team and investment process remain unchanged, meaning shareholders should not experience any changes to the fund’s strategy or day-to-day management. The update reflects a corporate restructuring within Nuveen’s broader asset management organization rather than a shift in the fund’s investment approach.