TIAA-CREF TAX-EXEMPT BOND FUND
(a series of the TIAA-CREF Funds)
SUPPLEMENT NO. 1
Dated May 23, 2011
to the February 1, 2011 Prospectus
Peter Scola, a member of the Tax-Exempt Bond Funds portfolio management team, is retiring. Therefore, references to him should be removed from pages 8 and 16 of the Prospectus. In addition, the role of Barnet Sherman as a member of the Funds portfolio management team has changed from Fixed-Income Credit Research to Fixed-Income Security Selection-Research, which should be reflected on page 16 of the Prospectus.
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A12715 (5/11) |