Nuveen International Equity Fund

Shareclass
Nuveen International Eq R6 (TIIEX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
23.46%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
14
holdings flagged
23%
of assets flagged
This fund contains
 $1.55 BILLION invested 
in holdings flagged for deforestation risk
Along with its subsidiary Nuveen, TIAA is one of the largest pension funds in the U.S. Despite its reputation for social responsibility, TIAA is also one of the world's largest investors in fossil fuels and agribusiness, and the largest investor of farmland in the world, with almost 2 million acres of farmland on four continents worth as much as $10 billion. But TIAA's agribusiness investments and farmland deals are causing more harm than it lets on. These deals are driving land grabs, deforestation, and human rights violations, and they're squeezing out family farmers and rural communities. Demand that TIAA stop buying farmland and institute a No Deforestation Policy!
Sign the petition
producers
Commodity producers
1 holdings
1.32% of assets
$87.59 MILLION invested
banks
Banks and lenders
6 holdings
12% of assets
$819.84 MILLION invested
consumers
Major consumer brands
7 holdings
9.75% of assets
$644.69 MILLION invested
Commodity producers
Commodity producers
1 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Glencore PLC
    Soy producerPalm oil producer
    1.32%1.32% of portfolio
    $87.59M$87.59M invested
    Soy producerPalm oil producer
Banks and lenders
Banks and lenders
6 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
6 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Mitsubishi UFJ Financial Group Inc
    3.18%3.18% of portfolio
    $210.65M$210.65M invested
  • 2. Sumitomo Mitsui Financial Group Inc
    3.11%3.11% of portfolio
    $206M$206M invested
  • 3. Banco Bilbao Vizcaya Argentaria SA
    2.31%2.31% of portfolio
    $152.55M$152.55M invested
  • 4. Commonwealth Bank of Australia
    2.25%2.25% of portfolio
    $148.82M$148.82M invested
  • 5. Barclays PLC
    1.22%1.22% of portfolio
    $80.44M$80.44M invested
View next 1
Major consumer brands
Major consumer brands
7 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
7 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    2.88%2.88% of portfolio
    $190.42M$190.42M invested
    Soy major consumer brandPalm oil major consumer brand
  • 2. Lvmh Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    2.15%2.15% of portfolio
    $142.24M$142.24M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    2.02%2.02% of portfolio
    $133.59M$133.59M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Compagnie de Saint-Gobain SA
    Timber major consumer brandPaper/pulp major consumer brand
    1.06%1.06% of portfolio
    $70.16M$70.16M invested
    Timber major consumer brandPaper/pulp major consumer brand
  • 5. Kering SA
    Cattle major consumer brandPaper/pulp major consumer brand
    0.68%0.68% of portfolio
    $44.73M$44.73M invested
    Cattle major consumer brandPaper/pulp major consumer brand
View next 2
View more info
DATA AS OF 31 Jan 2025
Financial performance
Performance data provided byMorningstarFind more financial data on TIIEX at Morningstar.com
Current fund
TIIEX
Nuveen International Equity Fund
Family
TIAA Investments/Nuveen
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.14% less in annualized returns
More invested in commodity producers 
0.14% more invested
More invested in banks and lenders 
6.45% more invested
More invested in major consumer brands 
2.28% more invested
Current fund
TIIEX
Nuveen International Equity Fund
Family
TIAA Investments/Nuveen
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.14% less in annualized returns
More invested in commodity producers 
0.14% more invested
More invested in banks and lenders 
6.45% more invested
More invested in major consumer brands 
2.28% more invested
Current fund
TIIEX
Nuveen International Equity Fund
Family
TIAA Investments/Nuveen
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.14% less in annualized returns
More invested in commodity producers 
0.14% more invested
More invested in banks and lenders 
6.45% more invested
More invested in major consumer brands 
2.28% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
TIIEX - Nuveen International Equity Fund
2.71%
6.27%
13%
4.79%
1.32% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
6.75%
4.94%
11%
4.92%
1.18% 
Fund compared to benchmark
 
-4.04%
1.33%
1.91%
-0.14%
0.14%  higher
Find more financial data on TIIEX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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