* As of 30 Jun 2022. Includes all strategies with ESG or Impact as part of the investment objectives
Endnotes
1Nuveen, 31 Dec 2021.
2Morningstar, Proxy-Voting Insights: 2022 in Review, includes 99% vote coverage with 102 TIAA/Nuveen funds casting over 3,000 fund votes on 239 out of 241 key resolutions from 2020 through 2022.
Important information on risk
This material is not intended to be a recommendation or investment advice, does not constitute a
solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided
does not take into account the specific objectives or circumstances of any particular investor, or suggest
any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her advisors.
ESG integration is the consideration of financially material ESG factors in support of portfolio management for actively managed strategies. Financial materiality of ESG factors varies by asset class and investment strategy. Applicability of ESG factors may differ across investment strategies. ESG factors are among many factors considered in evaluating an investment decision, and unless otherwise stated in the relevant offering memorandum or prospectus, do not alter the investment guidelines, strategy or objectives.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.
Mutual fund investing involves risk; principal loss is possible. There is no guarantee the Fund’s investment objectives will be achieved. The Fund will include only holdings deemed consistent with the applicable Environmental Social Governance (ESG) guidelines. As a result, the universe of investments available to the Fund will be more limited than other funds that do not apply such guidelines. ESG criteria risk is the risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that don’t use these criteria. Credit risk arises from an issuer’s ability to make interest and principal payments when due, as well as the prices of bonds declining when an issuer’s credit quality is expected to deteriorate. Interest rate risk occurs when interest rates rise causing bond prices to fall. The issuer of a debt security may be able to repay principal prior to the security’s maturity, known as prepayment (call) risk, because of an improvement in its credit quality or falling interest rates. In this event, this principal may have to be reinvested in securities with lower interest rates than the original securities, reducing the potential for income. Non-U.S. investments involve risks such as currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. Investments in below investment grade or high yield securities are subject to liquidity risk and heightened credit risk. These and other risk considerations, such as active management, extension, issuer, illiquid investments, income volatility, and derivatives risk, are described in detail in the Fund’s prospectus.
Before investing, carefully consider fund investment objectives, risks, charges and expenses. For this and other information that should be read carefully, please request a prospectus or summary prospectus from Nuveen at 800.752.8700 or visit nuveen.com.
The investment advisory services, strategies and expertise of TIAA Investments, a division of Nuveen,
are provided by Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC.
Securities offered through Nuveen Securities, LLC, member FINRA and SIPC.
ESG Integration: We aim to incorporate material ESG factors into our investment process, across funds and asset classes.
