TIAA-CREF Social Choice Low Carbon Equity Fund
Fund offered by:
TIAA Investments/Nuveen
Ticker: TNWCXsocially responsible
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up less than 1% of the portfolio. Assigned a grade of C.
C
$117.03 MILLION
Prison industrial complex
17
flagged holdings
13%
of assets flagged
Data as of 7/31/21
Flagged investments:
$117.03 MILLION, 13% of assets
Higher risk:
$1.88 MILLION, 0.2% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
6
holdings
$63.7M
invested
6.82%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
15
holdings
$106.74M
invested
11%
of portfolio
All flagged holdings
17 holdings
17 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $45.71M
    4.89%
  • 2.  Thermo Fisher Scientific Inc
    Border industry
    $8.9M
    0.95%
  • 3.  Accenture PLC Class A
    Border industry
    $8.63M
    0.92%
  • 4.  AT&T Inc
    Border industry
    $8.5M
    0.91%
  • 5.  Salesforce.com Inc
    Border industry
    $8.42M
    0.9%
Higher risk
Private prison operator
See all
TIAA-CREF Social Choice Low Carbon Equity Fund $TNWCX has $117.03 MILLION invested in 17 companies involved in the prison industrial complex, amounting to 13% of fund assets
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Financial performance
Performance data provided byMorningstarFind more financial data on TNWCX at Morningstar.com
Current fund
TNWCX
TIAA-CREF Social Choice Low Carbon Equity Fund
Family
TIAA Investments/Nuveen
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
0.37% more in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.08% more invested
Less invested in higher risk companies, border industry 
0.92% less invested
Less invested in higher risk companies 
0.92% less invested
Less invested in all screened prison industry companies 
9.28% less invested
Less invested in all screened border industry companies 
6.07% less invested
Less invested in all screened companies 
8.12% less invested
Current fund
TNWCX
TIAA-CREF Social Choice Low Carbon Equity Fund
Family
TIAA Investments/Nuveen
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
0.37% more in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.08% more invested
Less invested in higher risk companies, border industry 
0.92% less invested
Less invested in higher risk companies 
0.92% less invested
Less invested in all screened prison industry companies 
9.28% less invested
Less invested in all screened border industry companies 
6.07% less invested
Less invested in all screened companies 
8.12% less invested
Current fund
TNWCX
TIAA-CREF Social Choice Low Carbon Equity Fund
Family
TIAA Investments/Nuveen
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
0.37% more in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.08% more invested
Less invested in higher risk companies, border industry 
0.92% less invested
Less invested in higher risk companies 
0.92% less invested
Less invested in all screened prison industry companies 
9.28% less invested
Less invested in all screened border industry companies 
6.07% less invested
Less invested in all screened companies 
8.12% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
TNWCX - TIAA-CREF Social Choice Low Carbon Equity Fund
32%
17%
17%
/
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
30%
16%
17%
17%
0% 
Fund compared to benchmark
 
2.32%
1.24%
0.37%
/
Same
Find more financial data on TNWCX at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
Find sustainable funds that are prison industrial complex-free
Visit Fossil Free Funds to see this fund's exposure to fossil fuel companies and companies with high carbon footprints
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