TIAA-CREF Growth & Income Fund Receives 2010 Lipper Fund Award

TIAA-CREF’s Growth & Income Fund, Institutional Class (TIGRX) earned a 2010 Lipper Fund Award for its five-year consistent return as of December 31, 2009 in Lipper’s large-cap core category. The fund’s performance, under the direction of portfolio manager Susan Kempler and the domestic large-cap core portfolio management team, ranked number one out of 655 funds in the Lipper category.

“We are pleased that our talented team of portfolio managers and analysts has been recognized with this reward, which demonstrates the value of our long-term, research based investment approach,” said Scott Evans, Head of Asset Management, TIAA-CREF. “We remain committed to the disciplined stock selection and risk management processes that have helped us to deliver consistent value to our clients over time.”

The TIAA-CREF Growth & Income Fund was also recognized in the same category in 2008. In addition, the TIAA-CREF Bond Fund (TIORX) was included in Kiplinger’s “The Biggest and Best Bond Funds” feature in the March 2010 issue. 60% of TIAA-CREF’s funds and variable annuity accounts received an overall Morningstar rating of 3-stars, 21% received 4-stars and 4% received 5-stars across all asset classes as of December 31, 2009.