Asset Management

TIAA-CREF Mutual Funds

TIAA-CREF Managed Allocation Fund (Institutional)1TIMIX

Daily NAV

 

Day's Change

 

Portfolio Net Assets

 

Gross / Net Expense Ratio

 
Under the Fund’s expense reimbursement arrangements, the Fund’s investment adviser, Teachers Advisors, Inc. (“Advisors”), 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:0.00% of average daily net assets for Institutional Class shares of the Fund. These expense reimbursement arrangements will continue through at least September 30, 2014, 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

$12.11
 
0.02 (0.16%)
 
$724.17M
 
0.47% / 0.43%
 
OVERALL
OUT OF 742 FUNDS
 
$10.93 - $12.29
As of close 04/23/2014As of 03/31/2014
As of 03/31/2014
Based on risk adjusted returns
 
06/24/2013
 
 
 
03/06/2014

Hypothetical Growth of $10,000 
The chart illustrates the performance of a hypothetical $10,000 investment made on the date indicated. The total returns are not adjusted to reflect sales charges or the effects of taxation, but are adjusted to reflect actual ongoing expenses, and assume reinvestment of dividends and capital gains, net of all recurring costs.
 

03/31/2011 - 03/31/2014

  • 3 Month
  • 6 Month
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Portfolio Overview

  • Investment Strategy
  • Management Team
  • Share Class

    Institutional Class

  • Dividend Frequency

    Quarterly

  • Redemption Fee

    --

  • Inception Date

    03/31/2006

  • Ticker

    TIMIX

  • CUSIP

    886315837

The Managed Allocation Fund seeks favorable returns that reflect the broad investment performance of the financial markets through capital appreciation and investment income. The fund will pursue this goal through a "fund of funds" approach, whereby it will make investments primarily in other mutual funds. It typically maintains a relatively stable asset allocation strategy with approximately 60% of its assets in underlying equity funds (including up to 5% in real estate) and approximately 40% in underlying fixed-income funds. The fund may deviate from these target allocations by up to 10% depending upon current market conditions and outlook. As a result of its investments in various underlying funds, the Managed Allocation Fund’s returns will reflect investments across a mix of domestic and foreign equities of all capitalization sizes and a variety of domestic and foreign fixed-income instruments across maturities and credit qualities.


John Cunniff , CFA

Managing Director, Equity Investments


Hans Erickson, CFA

Managing Director, Equity Investments

Performance Returns 
Average annual total return is a hypothetical rate of return that, if achieved annually, would have produced the same cumulative total return if performance had been constant over the entire period. Average annual total returns smooth out variation in performance; they are not the same as actual year-by-year results. Also, it is the average annual profit or loss realized by an investment at the end of a specified calendar period, stated as the percentage gained or lost per dollar invested.
 

  • Monthly
  • Quarterly

The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units or shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above. Performance may reflect waivers or reimbursements of certain expenses. Absent these waivers or reimbursement arrangements, performance results would have been lower. Since Inception performance shown is cumulative for funds that have less than one year of performance history. For investments with exceptional performance, please note that performance fluctuates and currently may be lower than noted here.

Portfolio Composition

 
Portfolio Composition provides details for the investments that constitute a particular fund.
 

Current Asset Allocation

As of 03/31/2014
% of
Net Assets
U.S. Equity41.68%
Fixed Income39.81%
International Equity18.46%
Short-Term Investments, Other Assets , Net0.04%
Short-Term Fixed Income0.01%
Short-Term Investments, Other Assets & Liabilities, Net0.04%

Top 10 Holdings 
The top 10 holdings are subject to change and may not be representative of the fund's current or future investments. The holdings listed only include the fund's long-term investments. Money market instruments and/or futures contracts, if applicable, are excluded. The holdings may not include the fund's entire investment portfolio and should not be considered a recommendation to buy or sell a particular security.
 

As of 03/31/2014
Market Value ($)% of
Net Assets
TIAA-CREF Bond Plus Fund273.7M37.80%
TIAA-CREF Enhanced Large-Cap Growth Index Fund57.3M7.91%
TIAA-CREF Large-Cap Growth Fund57.0M7.87%
TIAA-CREF Enhanced Large-Cap Value Index Fund56.0M7.73%
TIAA-CREF Large-Cap Value Fund55.3M7.63%
TIAA-CREF Growth & Income Fund47.2M6.52%
TIAA-CREF International Equity Fund35.3M4.88%
TIAA-CREF International Opportunities Fund33.6M4.64%
TIAA-CREF Enhanced International Equity Index Fund33.6M4.64%
TIAA-CREF Small-Cap Equity Fund24.5M3.38%

The risks that the fund is subject to include Asset-Allocation Risk, Equity Investments Risk, Market Risk, Issuer Risk, Style Risk, Large-, Mid- and Small-Cap Risks, Foreign Investment Risk, Emerging Markets Risk, Enhanced Index Risk, Quantitative Analysis Risk, Fixed-Income Investments Risk, Active Management Risk, Underlying Fund Risk, Derivatives Risk

1The fund's advisor does not receive a management fee for its services to the Managed Allocation Fund, but shareholders indirectly bear their pro rata share of the fees and expenses of the funds in which the Managed Allocation Fund invests. Please see the current prospectus for additional information on expenses.

2The Managed Allocation Composite Index is a weighted average of certain broad-based securities indices in proportion to the following market sectors in which the Fund invests: domestic stocks (45%), domestic bonds (40%) and foreign stocks (15%). You cannot invest directly in these indices.

Morningstar is an independent service that rates mutual funds and variable annuities.

For each fund/account with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's/account's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Where applicable, Morningstar's performance rankings are based on linked performance that considers the differences in expense ratios, while actual performance data shown does not reflect such differences.

The top 10 percent of funds/accounts in a category receive five stars, the next 22.5 percent receive four stars, and the next 35 percent receive three stars, the next 22.5 percent receive two stars and the bottom 10 percent receive one star. (Each share class is counted as a fraction of one fund/account within this scale and rated separately, which may cause slight variations in the distribution percentages.) Morningstar proprietary ratings on U.S.-domiciled funds/accounts reflect historical risk-adjusted performance, are subject to change every month. They are derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Please note, Morningstar now rates group variable annuities within the open-end mutual fund universe.

The information contained in these reports is the proprietary information of Morningstar, Inc., may not be copied or redistributed for any purpose and may only be used for non-commercial, personal purposes. Additionally, Morningstar, Inc. shall not be responsible for investment decisions, damages or other losses resulting from use of this information. Morningstar, Inc. has not granted consent for it to be considered or deemed an "expert" under the Securities Act of 1933.

TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Investment products, insurance and annuity products: are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.

Morningstar

 
A research company that rates the performance of Mutual Funds and Variable Annuities.
 

Morningstar Rating

  • OVERALL
    OUT OF 742 FUNDS
  • 3 YEAR
    OUT OF 742 FUNDS
  • 5 YEAR
    OUT OF 666 FUNDS
  • 10 YEAR
    OUT OF 437 FUNDS

The Overall Morningstar Rating is based on risk-adjusted return, and is a weighted average of the applicable 3-, 5-, and 10-year Ratings.

Morningstar Stylebox

EQUITY
  • VALUE
  • BLEND
  • GROWTH
  • LARGE
  • MID
  • SMALL

The Morningstar Style Box™ reveals a fund's investment strategy. For equity funds, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).

Morningstar Category

Moderate Allocation

Morningstar Risk Measures

RETURN VS. CATEGORY*+AVG
  •  
  •  
  •  
  •  
  • LOW
  • AVG
  • HIGH

Investment Risk

 
Investment risk is usually related to the performance of an investment—riskier investments offer potentially higher returns—but are more volatile in the short-term. Beta (past price fluctuations), R-Squared (performance against benchmark index), and Standard Deviation (past volatility) are all used to calculate the degree of risk associated with individual investments.
 
 
LOWER
RISK
HIGHER
RISK

Level of risk is defined using the 3 Year Standard Deviation of the Investment.

Following risk measures below are based on a 3 Year period.

  • Standard Deviation

    9.22
  • R-Squared

    0.99
  • Sharpe Ratio

    1.02
  • Beta

    1.14
LEARN MORE ABOUT INVESTMENT RISK  
C12280