TIAA-CREF Mutual Funds

TIAA-CREF Money Market Fund (Premier)

1TPPXX
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Daily NAV

 

Day's Change

 

Portfolio Net Assets

 

Gross / Net Expense Ratio

 

7-Day Current / Effective Ann. Yield

 
The current yield more closely reflects current earnings than does the total return.

7-Day Current Annualized Yield – A simple interest calculation. A measure of return that divides average net income received over a 7-day period by the average balance in your account and multiplies the result by 365 to get an annual equivalent. This measure reflects income actually received over the last 7 days and differs from Effective Annualized Yield in that it does not reflect compounding.

7-Day Effective Annualized Yield – A compound interest calculation. A measure of return that compounds the 7-Day Current Yield to an annual figure. This measure assumes that dividends are reinvested and that an investor will earn the 7-Day Yield for an entire year. It also reflects interest earned on interest, or compounded interest.
 
 

52 Week Range

$1.00
 
0.00 (0.00%)
 
$783.71M
 
0.28% / 0.28%
 
0.00% / 0.00%
 
$1.00 - $1.00
As of close 06/30/2015As of 05/31/2015As of 06/30/2015
07/02/2014
 
 
 
07/02/2014

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.
 

As of 05/31/2015

  • Monthly
  • Quarterly
INVESTMENT AND BENCHMARKS1 MONTH3 MONTHYTD1 YEAR3 YEAR5 YEAR10 YEARSINCE
INCEPTION

3,4
TPPXX0.000.000.000.000.000.00+1.55+2.12
iMoneyNet Money Fund Averages™-All Taxable0.000.00+0.01+0.01+0.02+0.02+1.32+1.78
Morningstar Money Market-Taxable+0.00+0.00+0.01+0.01+0.02+0.02+1.32--

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.

Beginning August 27, 2013, part or all of the investment management fees are being voluntarily waived. In addition, Advisors is reimbursing certain other fund expenses. Beginning October 1, 2009, part or all of the 12b-1 distribution expenses are being voluntarily waived. Without these changes, the 7-day current and effective net annualized yields and total returns for the fund would have been lower. The suspension of reimbursements and the addition of waivers are voluntary and may be discontinued at any time without notice.

An investment in the fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other U.S. government agency. The fund will attempt to maintain a stable net asset value of $1.00 per share, but it is possible to lose money by investing in the fund. The current yield more closely reflects the fund's current earnings than does the total return.

1The fund's Institutional Class began operations on 07/01/1999. Performance shown for the Since Inception period and prior to the inception of the Premier Class is based on the performance of the fund's Institutional Class. Performance has not been restated to reflect the higher expenses of the Premier Class. If the expense differential had been reflected, performance for these periods would have been lower.

2The iMoneyNet Money Fund Averages – All Taxable category is a simple average of over 1,000 taxable money market funds and you cannot invest directly in it.

3To see the inception date for each account/fund, refer to the Profile tab.

4The performance shown for the benchmark is computed from August 1999.

TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. 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.

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