CREF Variable Annuity

CREF Stock Account (R1)


Unit Value


Day's Change


Portfolio Net Assets


Estimated Expense Charge

Expenses are estimated each year based on projected expense and asset levels. Differences between actual expenses and the estimate are adjusted quarterly and are reflected in current investment results.

The Account’s total annual expense deduction appears in the Account's prospectus, and may be different than that shown herein due to rounding. Please refer to the prospectus for further details.

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

5.2947 (1.67%)
$317.5555 - $390.7807
As of close 02/12/2016As of 01/31/2016
As of 01/31/2016
Based on risk adjusted returns


Management Team

Thomas Franks, CFASenior Managing Director, Lead Portfolio Manager CIO of Global Equity Investment

Thomas Franks is a senior managing director and Chief Investment Officer of Global Equity Investments for the TIAA-CREF organization. In this role, Mr. Franks oversees active and quantitative portfolio management, equity research and equity trading activities for the organization. Prior to his current role, Mr. Franks served as Head of Active and Quantitative Equity Portfolio Management. Before that, he acted as Head of Global Equity Research. Mr. Franks joined the TIAA-CREF organization in 2001.Mr. Franks has 18 years of industry experience, including several years at Sanford C. Bernstein & Co. in sell-side equity research. Mr. Franks earned a B.S. in operations research and industrial engineering from Cornell University and an M.B.A. from the Anderson School at UCLA. He is a member of the New York Society of Security Analysts.

Hans Erickson, CFAManaging Director, Head of Equity Index Portfolio Management

Hans Erickson is a portfolio manager for the TIAA-CREF organization. Mr. Erickson has responsibility for Lifecycle as well as for additional asset allocation and equity index portfolios. He also provides allocation analytics for the diversified equity and social choice balanced investment strategies. He joined the TIAA-CREF organization in 1996.Mr. Erickson has 26 years of investment experience, including prior positions with the Franklin Templeton organization and Morgan Stanley.Mr. Erickson holds a B.A. in mathematics/economics from Lawrence University and an M.S.E. in operations research from Princeton University. He is a member of the Q-Group and the CFA Society of San Francisco.

Saira Malik, CFAManaging Director, Head of Fundamental Active Global Equity Portfolio Management

Saira Malik is a managing director and Head of Global Active Equity Portfolio Management for the TIAA-CREF organization. In addition, Ms. Malik has portfolio management responsibilities for the diversified equity investment strategy. She joined the TIAA-CREF organization in 2003. Ms. Malik has 20 years of investment experience, including positions with JP Morgan Asset Management as vice president and portfolio manager for a small cap growth fund, as well as an equity research analyst.Ms. Malik earned a B.S. in economics from California Polytechnic State University San Luis Obispo, as well as an M.S. in finance from the University of Wisconsin – Madison.

John TriboletManaging Director, Head of Global Equity Research

John Tribolet is a managing director and Head of Active Global Equity Research for the TIAA-CREF organization. In this role, he is responsible for all aspects of leading and managing the team. In addition, he is a member of the active equity portfolio management team. Mr. Tribolet manages global equity portfolios. He joined the TIAA-CREF organization in 2005. Mr. Tribolet has 17 years of industry experience. In addition to being a portfolio manager at TIAA-CREF since 2005, Mr. Tribolet has also held international portfolio manager positions at Loomis, Sayles & Co. and Nicholas Applegate. Previous to that, he worked as an analyst in corporate finance.Mr. Tribolet holds a B.A. in economics from Columbia University and an M.B.A. in finance with honors from the University of Chicago.

As of April 24, 2015, additional classes of CREF Accounts are available with different eligibility requirements. Please visit the account’s prospectus at for more information.
In general, the value of equity variable annuity accounts will fluctuate based on the share prices of the individual companies in which they invest. An investment in an equity variable annuity account may be subject to all or some of the following principal investment risks:Market Risk, Company Risk, Style Risk, Large-Cap Risk, Small-Cap/Mid-Cap Risk, Active Management Risk, Index Risk, Foreign Investment Risk, Sector Risk, Social Criteria Risk, Derivatives Risk, Non-Diversified Risk, Real Estate Investing Risk.

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