Fossil fuel companiesare fueling the climate crisis.


Nuveen Real Asset Income Fund

Shareclass
Nuveen Real Asset Income C (NRICX)
Type
Open-end mutual fund
Fossil fuel exposure of 17.69% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Evergy Inc
Macroclimate 50Top 50 coal-fired power
$15.55 MILLION
Duke Energy Corp 5.75% PRF PERPETUAL USD 25 - Ser A 1/1000th Int
Macroclimate 50Top 50 coal-fired power
$2.18 MILLION
Duke Energy Corp
Macroclimate 50Top 50 coal-fired power
$1.64 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
No direct stock holdings
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
3
holdings
$8.77M
invested
0.77%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
24
holdings
$154.76M
invested
14%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
3
holdings
$19.36M
invested
1.7%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
23
holdings
$116.37M
invested
10%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
36 holdings
36 holdings
  • 1. Energy Transfer LP
    Oil/gas industry
    $16.14M
    1.41%
  • 2. Evergy Inc
    Macroclimate 50Fossil-fired utility
    $15.55M
    1.36%
  • 3. Dominion Energy Inc
    Oil/gas industryFossil-fired utility
    $13.04M
    1.14%
  • 4. National Grid PLC
    Oil/gas industryFossil-fired utility
    $12.29M
    1.08%
  • 5. Enel SpA
    Oil/gas industryFossil-fired utility
    $10.09M
    0.88%
See all



Financial performance
Performance data provided byMorningstarFind more financial data on NRICX at Morningstar.com
Current fund
NRICX
Nuveen Real Asset Income Fund
Family
TIAA Investments/Nuveen
Category
Global Moderately Conservative Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-10.28% less in annualized returns
More invested in fossil fuels 
10% more invested
Lower fossil finance risk score 
31 points lower
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
28.47% less invested
Current fund
NRICX
Nuveen Real Asset Income Fund
Family
TIAA Investments/Nuveen
Category
Global Moderately Conservative Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-10.28% less in annualized returns
More invested in fossil fuels 
10% more invested
Lower fossil finance risk score 
31 points lower
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
28.47% less invested
Current fund
NRICX
Nuveen Real Asset Income Fund
Family
TIAA Investments/Nuveen
Category
Global Moderately Conservative Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-10.28% less in annualized returns
More invested in fossil fuels 
10% more invested
Lower fossil finance risk score 
31 points lower
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
28.47% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
NRICX - Nuveen Real Asset Income Fund
6.3%
8.53%
5.54%
4.32%
18% 
Benchmark
IVV - iShares Core S&P 500 ETF
21%
23%
18%
15%
7.31% 
Fund compared to benchmark
 
-15.12%
-14.12%
-12.07%
-10.28%
10%  higher
Find more financial data on NRICX at Morningstar.com
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