TIAA-CREF Green Bond is run by an experienced team with significant environmental, social, and governance expertise. But this mandate is still quite young and tiny, which supports a measured approach. The Institutional share class earns a Morningstar Analyst Rating of Bronze, while the remaining shares are rated Neutral.
TIAA-CREF Green Bond Institutional TGRNX
NAV / 1-Day Return
9.32
/
0.19
%
Total Assets
97.8 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.450%
Expense Ratio
0.450%
Fee Level
Below Average
Longest Manager Tenure
3.61
years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
—Min. Initial Investment
2,000,000
Status
Open
TTM Yield
2.59%
Effective Duration
6.10
years
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will TGRNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TGRNX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TGRNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TGRNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Pure impact investing.
