TIAA-CREF Green Bond is run by an experienced team with significant ESG expertise. But this mandate is still quite young and tiny, which supports a measured approach. The cheap Institutional share class earns a Morningstar Analyst Rating of Bronze, while the remaining share classes are rated Neutral.
Will TGRNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of TGRNX’s parent organization’s priorities and whether they’re in line with investors’ interests.