Nuveen Core Plus Impact Fund Common Shares of Beneficial Interest (NPCT)

Competitors to Nuveen Core Plus Impact Fund Common Shares of Beneficial Interest (NPCT)

BlackRock Energy & Resources Trust 

BlackRock Energy & Resources Trust (BGR) focuses on investments in energy and natural resources sectors, similar to the Nuveen Core Plus Impact Fund, which aims to provide a diversified portfolio emphasizing sustainable investments. Both funds appeal to investors seeking exposure to the growing demand for energy and resources, especially those aligned with environmental, social, and governance (ESG) criteria. However, BGR has a more specialized focus on energy, potentially offering higher returns during bullish market conditions in that sector. Nuveen, on the other hand, offers broader diversification and a focus on social impact, making it appealing to a wider audience interested in long-term sustainability.

Invesco Global Clean Energy ETF

Invesco Global Clean Energy ETF (ICLN) competes directly with the Nuveen Core Plus Impact Fund by focusing specifically on the clean energy sector. Both funds attract investors who are environmentally conscious and interested in sustainable investments, yet ICLN offers a more concentrated exposure to renewable energy companies. This can provide potentially higher growth opportunities at the risk of greater volatility compared to the diversified approach of Nuveen, which combines various asset classes with a broader impact focus, thus appealing to risk-averse investors seeking stable income alongside social responsibility.

Morgan Stanley Sustainable Investment Fund

Morgan Stanley's Sustainable Investment Fund (MSIF) competes by offering a similar strategy of investing in sustainable and socially responsible enterprises. Both funds attract a demographic that values ethical investing, particularly in environments emphasizing corporate responsibility. However, Morgan Stanley has a more established reputation in wealth management and investment banking, allowing them to attract a larger client base and potentially enhance investment strategies through proprietary insights and networks, possibly providing them with a competitive advantage over Nuveen in terms of brand recognition and resource allocation.

TIAA-CREF Core Impact Fund

The TIAA-CREF Core Impact Fund (TICRX) is a direct competitor to the Nuveen Core Plus Impact Fund, with both funds prioritizing social and environmental impact. TICRX focuses on delivering competitive investment returns while investing in companies that promote positive social outcomes. The key difference is in their fund management and investment strategies, with TIAA-CREF potentially leveraging its size and established market presence to influence companies more effectively than Nuveen. However, Nuveen's historical commitment to impact investing provides a strong narrative and could resonate more with certain investors committed to ESG criteria.