A Bond Fund for the Responsible Investor's Radar
TIAA-CREF Social Choice Bond Fund's recent returns show that responsible investing doesn't have to mean diminished returns.
Brian Moriarty: Since its recent inception, TIAA-CREF Social Choice Bond Fund (TSBIX) has posted knockout returns. It shows that following a responsible investing strategy does not have to mean diminished returns.
In 2014, the fund ranked in the top 1% of all intermediate-term bond funds, which is a very competitive category. It followed that up with an equally strong 2015, scoring in the top 9% of the category, and is already off to a great start in 2016.
Brian Moriarty does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.