Portfolio Net Assets
Gross / Net Expense Ratio
Under the Fund’s expense reimbursement arrangements, the Fund’s investment adviser, Teachers Advisors, Inc., has contractually agreed to reimburse the Fund for any Total Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired Fund Fees and Expenses and extraordinary expenses) that exceed: 0.94% of average daily net assets for Retail Class shares. These expense reimbursement arrangements will continue through at least February 29, 2016, unless changed with approval of the Board of Trustees.
Overall Morningstar Rating
The Overall Morningstar Rating is based on risk-adjusted return, and is a weighted average of the applicable 3-, 5-, and 10-year Ratings.
52 Week Range
|$5.15B||0.72% / 0.72%|
OUT OF 423 FUNDS
|$21.45 - $25.06|
|As of close||As of|
Based on risk adjusted returns
TOM KOLEFAS, CFA Managing Director, Equity Investments, Active Portfolio Management
Tom Kolefas is a managing director and active equity portfolio manager for the TIAA-CREF organization. Mr. Kolefas manages mid- and large-cap value investment portfolios. He joined the TIAA-CREF organization in 2004.Mr. Kolefas has 28 years of investment experience, including equity portfolio management positions with Jennison Associates LLC, Loomis Sayles & Company, L.P. and MacKay Shields.Mr. Kolefas holds a B.S. in chemical engineering from the Albert Nerken School of Engineering at The Cooper Union for the Advancement of Science and Art and an M.B.A. in finance from New York University's Stern School of Business. He is a member of the Association for Investment Management and Research.
Richard Cutler is a managing director and equity portfolio manager for the TIAA-CREF organization. Mr. Cutler manages large- and mid-cap value investment portfolios. He joined the TIAA-CREF organization in 1997.Mr. Cutler has 20 years of investment experience, including a position with Alliance Capital Management.Mr. Cutler holds a B.S. in industrial and labor relations from Cornell University and an MBA in international business and finance from New York University's Stern School of Business.
The portfolio management team believes that stock prices can be driven by relative business momentum and don’t always reflect the long-term, intrinsic value of companies. The team uses a bottom-up approach to identify companies that have the potential to benefit from positive growth trends while employing rigorous risk-management principles to filter out investment opportunities that might be overvalued.