TIAA-CREF Green Bond Fund (TGRNX)
Under normal circumstances, the fund invests at least 80% of its assets in bonds. For these purposes, bonds include fixed-income securities of all types. Generally, the fund's advisor intends to invest in bonds issued by both domestic and foreign issuers; including foreign issuers from emerging market countries. While the fund's investments will generally be denominated in U.S. dollars, the fund may also invest in non-dollar denominated instruments.
Fund Info
US87249N8838
Nov 16, 2018
$2,000,000
Expense Ratio
TGRNX has an expense ratio of 0.45%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
TIAA-CREF Green Bond Fund (TGRNX) returned 1.83% year-to-date (YTD) and 6.07% over the past 12 months.
TGRNX
1.83%
-0.44%
0.65%
6.07%
2.28%
0.33%
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of TGRNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.11% | 1.70% | 0.19% | 0.26% | -0.44% | 1.83% | |||||||
| 2024 | 0.35% | -0.84% | 0.82% | -2.13% | 1.50% | 0.71% | 1.82% | 1.36% | 1.46% | -1.56% | 0.80% | -1.16% | 3.08% |
| 2023 | 3.12% | -1.95% | 2.10% | 0.56% | -0.99% | -0.45% | 0.22% | -0.32% | -1.67% | -1.02% | 3.74% | 3.17% | 6.47% |
| 2022 | -2.07% | -1.34% | -2.46% | -3.50% | -0.06% | -1.85% | 2.17% | -1.94% | -4.12% | -1.04% | 3.16% | -0.52% | -12.97% |
| 2021 | -0.17% | -1.43% | -1.12% | 0.95% | 0.49% | 0.75% | 1.02% | -0.06% | -0.74% | -0.19% | 0.11% | -0.15% | -0.58% |
| 2020 | 2.52% | 1.54% | -6.27% | 4.64% | 1.19% | 1.43% | 2.07% | -0.32% | -0.07% | -0.43% | 1.76% | 0.60% | 8.62% |
| 2019 | 0.97% | 0.57% | 1.68% | 0.38% | 1.32% | 1.32% | 0.55% | 2.16% | -0.43% | 0.35% | -0.10% | -0.14% | 8.94% |
| 2018 | -0.08% | 1.51% | 1.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, TGRNX is among the top 21% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TIAA-CREF Green Bond Fund (TGRNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
TIAA-CREF Green Bond Fund provided a 4.46% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.36 | $0.29 | $0.30 | $0.47 | $0.44 | $0.04 |
Dividend yield | 4.46% | 4.48% | 3.97% | 3.25% | 2.78% | 4.24% | 4.19% | 0.43% |
Monthly Dividends
The table displays the monthly dividend distributions for TIAA-CREF Green Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.03 | $0.07 | $0.03 | $0.00 | $0.13 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.40 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.30 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 | $0.47 |
| 2019 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.12 | $0.44 |
| 2018 | $0.01 | $0.03 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the TIAA-CREF Green Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TIAA-CREF Green Bond Fund was 17.41%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current TIAA-CREF Green Bond Fund drawdown is 4.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.41% | Aug 3, 2021 | 309 | Oct 21, 2022 | — | — | — |
| -11.76% | Mar 9, 2020 | 12 | Mar 24, 2020 | 72 | Jul 7, 2020 | 84 |
| -3.16% | Jan 5, 2021 | 51 | Mar 18, 2021 | 77 | Jul 8, 2021 | 128 |
| -1.94% | Sep 5, 2019 | 7 | Sep 13, 2019 | 15 | Oct 4, 2019 | 22 |
| -1.6% | Oct 7, 2019 | 25 | Nov 8, 2019 | 19 | Dec 6, 2019 | 44 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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