Greenwashing poses a major obstacle for financing the green transition. We propose a simple approach to identify potential greenwashers in the context of mutual funds. Focusing on a sample of actively-managed bond funds in Europe we find that the greenwashing-risk has decreased around the introduction of the EUs Sustainable Finance Disclosure Regulation (SFDR). For Article 9 funds the greenwashing-potential has dropped by a factor of two between March 2022 and September 2023. This is both due to (i) re-classifications towards Article 8 products and (ii) sustainability rating improvements. For Article 8 funds the improvement is less pronounced and the greenwashing-potential remains elevated.