TIAA-CREF Social Choice Low Carbon Equity Fund

Shareclass
TIAA-CREF Social Choice LwCrbn Eq Instl (TNWCX)
Type
Open-end mutual fund
Sustainability mandate
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
$163.67 MILLION
Prison industrial complex
15
flagged holdings
14%
of assets flagged
Data as of 30 Nov 2023
Flagged investments:
$163.67 MILLION, 14% of assets
Higher risk:
$4.91 MILLION, 0.41% 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
9
holdings
$131.66M
invested
11%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
12
holdings
$148.37M
invested
12%
of portfolio
All flagged holdings
15 holdings
15 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $80.89M
    6.7%
  • 2.  JPMorgan Chase & Co
    Prison industryBorder industry
    $17.86M
    1.48%
  • 3.  Salesforce Inc
    Border industry
    $12.73M
    1.05%
  • 4.  International Business Machines Corp
    Border industry
    $9.78M
    0.81%
  • 5.  Elevance Health Inc
    Prison industry
    $8.86M
    0.73%
Higher risk
Private prison operator
See all
TIAA-CREF Social Choice Low Carbon Equity Fund $TNWCX is 14% ($163.67 MILLION) invested in companies with prison involvement
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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: 1/31/24
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:
Lower 5-yr returns 
-0.43% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.23% more invested
Less invested in higher risk companies, border industry 
0.85% less invested
Less invested in higher risk companies 
0.85% less invested
Less invested in all screened prison industry companies 
6.57% less invested
Less invested in all screened border industry companies 
9.3% less invested
Less invested in all screened companies 
11.56% 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: 1/31/24
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:
Lower 5-yr returns 
-0.43% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.23% more invested
Less invested in higher risk companies, border industry 
0.85% less invested
Less invested in higher risk companies 
0.85% less invested
Less invested in all screened prison industry companies 
6.57% less invested
Less invested in all screened border industry companies 
9.3% less invested
Less invested in all screened companies 
11.56% 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: 1/31/24
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:
Lower 5-yr returns 
-0.43% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.23% more invested
Less invested in higher risk companies, border industry 
0.85% less invested
Less invested in higher risk companies 
0.85% less invested
Less invested in all screened prison industry companies 
6.57% less invested
Less invested in all screened border industry companies 
9.3% less invested
Less invested in all screened companies 
11.56% 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
16%
8.55%
14%
/
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
21%
11%
14%
13%
0% 
Fund compared to benchmark
 
-4.66%
-2.41%
-0.43%
/
Same
Find more financial data on TNWCX at Morningstar.com
What's next?
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Get started with our action toolkit
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
More from Invest Your Values
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