UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number File No. 811-09301

TIAA-CREF FUNDS

(Exact name of Registrant as specified in charter)

730 Third Avenue, New York, New York 10017-3206

(Address of Principal Executive Offices) (Zip code)

John M. McCann, Esq.

c/o TIAA-CREF

8500 Andrew Carnegie Blvd.

Charlotte, N.C. 28262-8500

(Name and address of agent for service)

Registrant's telephone number, including area code: 704-595-1000

Date of fiscal year end: March 31

Date of reporting period: December 31, 2013

Item 1. Schedule of Investments.

TIAA-CREF FUNDS - Real Estate Securities Fund

TIAA-CREF FUNDS

REAL ESTATE SECURITIES FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.0%
DIVERSIFIED REAL ESTATE ACTIVITIES - 0.3%
	800,000		Hang Lung Group Ltd	$	4,046,986
			TOTAL DIVERSIFIED REAL ESTATE ACTIVITIES		4,046,986
DIVERSIFIED REITS - 5.1%
	275,000		Duke Realty Corp		4,136,000
	550,000		Retail Opportunities Investment Corp		8,096,000
	1,800,000		Spirit Realty Capital, Inc		17,694,000
	175,000		Vornado Realty Trust		15,538,250
	325,000		WP Carey, Inc		19,938,750
			TOTAL DIVERSIFIED REITS		65,403,000
HOTELS, RESORTS & CRUISE LINES - 0.5%
	400,000	*	Orient-Express Hotels Ltd (Class A)		6,044,000
			TOTAL HOTELS, RESORTS & CRUISE LINES		6,044,000
INDUSTRIAL REITS - 7.4%
	240,000		EastGroup Properties, Inc		13,903,200
	325,000		First Industrial Realty Trust, Inc		5,671,250
	1,750,000		Prologis, Inc		64,662,500
	250,000		STAG Industrial, Inc		5,097,500
	300,000		Terreno Realty Corp		5,310,000
			TOTAL INDUSTRIAL REITS		94,644,450
MORTGAGE REITS - 0.6%
	250,000		NorthStar Realty Finance Corp		3,362,500
	150,000		Starwood Property Trust, Inc		4,155,000
			TOTAL MORTGAGE REITS		7,517,500
OFFICE REITS - 10.9%
	500,000		Boston Properties, Inc		50,185,000
	200,000		Digital Realty Trust, Inc		9,824,000
	300,000		HRPT Properties Trust		6,993,000
	220,000		Kilroy Realty Corp		11,039,600
	1,300,000		Parkway Properties, Inc		25,077,000
	400,000		SL Green Realty Corp		36,952,000
			TOTAL OFFICE REITS		140,070,600
OTHER DIVERSIFIED FINANCIAL SERVICES - 0.0%
	211,200	*,b,g,m	People’s Choice Financial Corp		0
			TOTAL OTHER DIVERSIFIED FINANCIAL SERVICES		0

1

TIAA-CREF FUNDS - Real Estate Securities Fund

SHARES			COMPANY	VALUE
PUBLISHING - 0.3%
	100,000		Rightmove plc	$	4,541,454
			TOTAL PUBLISHING		4,541,454
REAL ESTATE OPERATING COMPANIES - 0.2%
	100,000		Altisource Residential Corp		3,011,000
			TOTAL REAL ESTATE OPERATING COMPANIES		3,011,000
REAL ESTATE SERVICES - 1.1%
	275,000		Kennedy-Wilson Holdings, Inc		6,118,750
	150,000	*	Realogy Holdings Corp		7,420,500
			TOTAL REAL ESTATE SERVICES		13,539,250
RESIDENTIAL REITS - 16.6%
	200,000		American Campus Communities, Inc		6,442,000
	450,000		American Homes 4 Rent		7,290,000
	525,000		AvalonBay Communities, Inc		62,070,750
	125,000		BRE Properties, Inc (Class A)		6,838,750
	1,350,000		Education Realty Trust, Inc		11,907,000
	350,000		Equity Lifestyle Properties, Inc		12,680,500
	1,200,000		Equity Residential		62,244,000
	125,000		Essex Property Trust, Inc		17,938,750
	100,000		Home Properties, Inc		5,362,000
	250,000		Post Properties, Inc		11,307,500
	200,000		Sun Communities, Inc		8,528,000
			TOTAL RESIDENTIAL REITS		212,609,250
RETAIL REITS - 22.5%
	700,000		Cole Real Estate Investment, Inc		9,828,000
	1,400,000		DDR Corp		21,518,000
	550,000		Equity One, Inc		12,342,000
	200,000		Federal Realty Investment Trust		20,282,000
	2,650,000		General Growth Properties, Inc		53,185,500
	150,000		Pennsylvania Real Estate Investment Trust		2,847,000
	200,000		Regency Centers Corp		9,260,000
	1,050,000		Simon Property Group, Inc		159,768,000
			TOTAL RETAIL REITS		289,030,500
SECURITY & ALARM SERVICES - 1.1%
	450,000		Corrections Corp of America		14,431,500
			TOTAL SECURITY & ALARM SERVICES		14,431,500
SPECIALIZED REITS - 31.4%
	1,000,000		American Tower Corp		79,820,000
	500,000		CubeSmart		7,970,000
	475,000		Extra Space Storage, Inc		20,011,750
	75,000	*	Gaming and Leisure Properties, Inc		3,810,750
	1,000,000		HCP, Inc		36,320,000
	525,000		Health Care REIT, Inc		28,124,250
	550,000		Healthcare Realty Trust, Inc		11,720,500
	1,350,000		Host Marriott Corp		26,244,000
	325,000		Plum Creek Timber Co, Inc		15,115,750
	325,000		Potlatch Corp		13,565,500

2

TIAA-CREF FUNDS - Real Estate Securities Fund

SHARES			COMPANY					VALUE
	375,000		Public Storage, Inc					$	56,445,000
	275,000		Rayonier, Inc						11,577,500
	500,000		RLJ Lodging Trust						12,160,000
	1,800,000	*	Strategic Hotels & Resorts, Inc						17,010,000
	1,000,000		Sunstone Hotel Investors, Inc						13,400,000
	700,000		Ventas, Inc						40,096,000
	300,000		Weyerhaeuser Co						9,471,000
			TOTAL SPECIALIZED REITS						402,862,000
			TOTAL COMMON STOCKS						1,257,751,490
			(Cost $1,112,007,748)
PRINCIPAL			ISSUER	RATE			MATURITY DATE
SHORT-TERM INVESTMENTS - 0.6%
TREASURY DEBT - 0.6%
$	8,000,000		United States Treasury Bill		0.053	%	03/13/14		7,999,376
									7,999,376
			TOTAL SHORT-TERM INVESTMENTS						7,999,376
			(Cost $7,999,164)
			TOTAL INVESTMENTS - 98.6%						1,265,750,866
			(Cost $1,120,006,912)
			OTHER ASSETS & LIABILITIES, NET - 1.4%						17,817,486
			NET ASSETS - 100.0%					$	1,283,568,352

	Abbreviation(s):
REIT	Real Estate Investment Trust
*	Non-income producing.
b	In bankruptcy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $0 or 0% of net assets.
m	Indicates a security that has been deemed illiquid.

3

TIAA-CREF FUNDS - Bond Fund

TIAA-CREF FUNDS

BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 0.3%
CAPITAL GOODS - 0.1%
$	2,487,500	i	Apex Tool Group LLC		4.500	%	01/31/20	$	2,496,206
			TOTAL CAPITAL GOODS						2,496,206
CONSUMER SERVICES - 0.1%
	2,050,000	i	ARAMARK Corp		4.000		09/07/19		2,061,952
			TOTAL CONSUMER SERVICES						2,061,952
MEDIA - 0.1%
	744,375	i	Univision Communications, Inc		4.000		03/01/20		747,166
	1,113,750	i	Windstream Corp		3.500		01/23/20		1,114,452
			TOTAL MEDIA						1,861,618
			TOTAL BANK LOAN OBLIGATIONS						6,419,776
			(Cost $6,395,391)
BONDS - 95.8%
CORPORATE BONDS - 38.1%
AUTOMOBILES & COMPONENTS - 0.0%
	745,000	g	Hyundai Motor Manufacturer		4.500		04/15/15		775,777
			TOTAL AUTOMOBILES & COMPONENTS						775,777
BANKS - 4.0%
	2,840,000	g	Banco de Credito del Peru		5.375		09/16/20		2,953,600
	1,000,000		Banco de Oro Unibank, Inc		3.875		04/22/16		1,017,500
	600,000	g	Banco del Estado de Chile		3.875		02/08/22		585,676
	900,000	g	Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santander		4.125		11/09/22		848,250
	1,635,000		Bancolombia S.A.		5.950		06/03/21		1,700,400
	2,000,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd		2.350		02/23/17		2,029,962
	650,000		BB&T Corp		2.050		06/19/18		643,523
	3,750,000		BDO Unibank, Inc		4.500		02/16/17		3,890,625
	1,200,000		BHP Billiton Finance USA Ltd		5.000		09/30/43		1,220,089
	2,000,000	g	Caixa Economica Federal		2.375		11/06/17		1,857,500
	1,500,000	g	Caixa Economica Federal		4.500		10/03/18		1,490,250
	1,068,000		Capital One Bank USA NA		3.375		02/15/23		992,898
	825,000		Capital One Financial Corp		1.000		11/06/15		824,640
	2,050,000		Citigroup, Inc		1.300		11/15/16		2,042,848
	2,000,000		Citigroup, Inc		2.500		09/26/18		2,010,094
	1,500,000		Citigroup, Inc		3.875		10/25/23		1,474,587
	1,925,000		Citigroup, Inc		6.675		09/13/43		2,214,959
	900,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		1.700		03/19/18		888,859

4

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,750,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.875	%	02/08/22	$	1,759,539
	375,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.950		11/09/22		363,371
	1,250,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		4.625		12/01/23		1,258,773
	3,400,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		5.750		12/01/43		3,604,292
	1,450,000	g	HSBC Bank plc		1.500		05/15/18		1,415,882
	1,320,000	g	HSBC Bank plc		4.125		08/12/20		1,396,677
	550,000		HSBC Holdings plc		4.000		03/30/22		565,317
	675,000		HSBC Holdings plc		6.500		09/15/37		798,347
	2,000,000	g	Hutchison Whampoa International 11 Ltd		4.625		01/13/22		2,042,922
	895,000		JPMorgan Chase & Co		5.125		09/15/14		922,094
	4,500,000		JPMorgan Chase & Co		5.400		01/06/42		4,844,498
	750,000	i	JPMorgan Chase & Co		5.150		12/30/49		673,125
	470,000	i	Manufacturers & Traders Trust Co		5.629		12/01/21		485,275
	2,950,000	g	PKO Finance AB		4.630		09/26/22		2,936,725
	700,000		PNC Bank NA		2.700		11/01/22		634,527
	3,050,000		PNC Bank NA		2.950		01/30/23		2,806,958
	1,255,000		PNC Funding Corp		5.125		02/08/20		1,409,563
	835,000	g,i	Rabobank Nederland NV		11.000		12/30/49		1,105,331
	2,200,000		Royal Bank of Canada		2.200		07/27/18		2,208,934
	1,500,000	g	State Bank of India		3.250		04/18/18		1,452,075
	560,000	g	Sumitomo Mitsui Banking Corp		3.150		07/22/15		579,074
	310,000		Toronto-Dominion Bank		2.500		07/14/16		321,555
	1,525,000	g	Turkiye Halk Bankasi AS.		3.875		02/05/20		1,334,223
	1,600,000	g	Turkiye Is Bankasi		3.750		10/10/18		1,487,200
	500,000	g	Turkiye Is Bankasi		5.500		04/21/19		494,600
	1,750,000		Union Bank NA		2.125		06/16/17		1,758,064
	1,550,000		UnionBanCal Corp		3.500		06/18/22		1,520,378
	2,500,000		US Bancorp		1.650		05/15/17		2,505,255
	950,000		US Bancorp		2.950		07/15/22		882,670
	4,650,000		Wells Fargo & Co		1.500		07/01/15		4,715,388
	2,000,000		Wells Fargo & Co		1.500		01/16/18		1,987,080
	1,925,000		Wells Fargo & Co		2.150		01/15/19		1,918,971
	2,825,000		Wells Fargo & Co		5.375		11/02/43		2,892,817
	1,534,000	g	Wells Fargo & Co		5.606		01/15/44		1,593,346
	2,145,000		Westpac Banking Corp		3.000		08/04/15		2,228,434
			TOTAL BANKS						87,589,540
CAPITAL GOODS - 0.9%
	3,125,000		Caterpillar, Inc		1.500		06/26/17		3,109,853
	2,725,000		Crown Americas LLC		4.500		01/15/23		2,547,875
	1,250,000	g	EADS Finance BV		2.700		04/17/23		1,146,352
	1,950,000		Eaton Corp		1.500		11/02/17		1,911,647
	675,000		Eaton Corp		4.000		11/02/32		619,927
	725,000	g	Schaeffler Finance BV		4.750		05/15/21		723,188
	3,700,000	g	Seagate HDD Cayman		4.750		06/01/23		3,459,500
	1,468,000	g	Sealed Air Corp		8.125		09/15/19		1,647,830
	1,468,000	g	Sealed Air Corp		8.375		09/15/21		1,666,180
	845,000	g	Sealed Air Corp		5.250		04/01/23		821,763
	1,975,000		United Technologies Corp		1.800		06/01/17		2,005,443
	1,050,000		United Technologies Corp		4.500		06/01/42		1,019,641
			TOTAL CAPITAL GOODS						20,679,199

5

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
COMMERCIAL & PROFESSIONAL SERVICES - 0.5%
$	250,000	g	ADT Corp		6.250	%	10/15/21	$	262,500
	1,495,000		Republic Services, Inc		3.800		05/15/18		1,583,404
	2,400,000		Republic Services, Inc		3.550		06/01/22		2,314,162
	1,500,000		Waste Management, Inc		2.600		09/01/16		1,548,256
	5,300,000		Waste Management, Inc		2.900		09/15/22		4,909,830
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						10,618,152
CONSUMER DURABLES & APPAREL - 0.8%
	5,000,000		DR Horton, Inc		5.750		08/15/23		5,087,500
	1,500,000		DR Horton, Inc		3.625		02/15/18		1,522,500
	2,870,000		Hanesbrands, Inc		6.375		12/15/20		3,135,475
	1,670,000		Phillips-Van Heusen Corp		7.375		05/15/20		1,839,088
	4,600,000		PVH Corp		4.500		12/15/22		4,358,500
	500,000		Whirlpool Corp		3.700		03/01/23		477,980
			TOTAL CONSUMER DURABLES & APPAREL						16,421,043
CONSUMER SERVICES - 0.4%
	900,000		Ameristar Casinos, Inc		7.500		04/15/21		976,500
	775,000	g	ARAMARK Corp		5.750		03/15/20		809,875
	1,350,000		DineEquity, Inc		9.500		10/30/18		1,498,500
	425,000	g	GLP Capital LP		4.375		11/01/18		434,563
	1,775,000	g	SABMiller Holdings, Inc		3.750		01/15/22		1,781,621
	1,250,000	g	SABMiller Holdings, Inc		4.950		01/15/42		1,241,561
	1,000,000		Walt Disney Co		0.450		12/01/15		998,977
			TOTAL CONSUMER SERVICES						7,741,597
DIVERSIFIED FINANCIALS - 5.0%
	1,190,000	g	Abbey National Treasury Services plc		3.875		11/10/14		1,222,494
	750,000		Abbey National Treasury Services plc		4.000		04/27/16		796,345
	2,000,000	g	Ajecorp BV		6.500		05/14/22		1,985,000
	1,500,000		American Express Centurion Bank		6.000		09/13/17		1,720,905
	1,575,000		American Express Co		2.650		12/02/22		1,461,087
	4,975,000		American Express Credit Corp		1.300		07/29/16		5,013,497
	4,750,000		American Express Credit Corp		2.125		07/27/18		4,757,975
	1,490,000	g	Bangkok Bank PCL		4.800		10/18/20		1,537,305
	1,690,000		Bank of America Corp		5.300		03/15/17		1,862,755
	1,125,000		Bank of America Corp		6.000		09/01/17		1,284,516
	6,700,000		Bank of America Corp		4.100		07/24/23		6,728,428
	2,150,000		Bank of America Corp		5.875		02/07/42		2,458,934
	1,250,000		Bank of New York Mellon Corp		1.200		02/20/15		1,259,601
	1,200,000	i	Bank of New York Mellon Corp		1.969		06/20/17		1,213,004
	580,000		Bank of New York Mellon Corp		5.450		05/15/19		658,979
	1,950,000	g	BBVA Bancomer S.A.		4.500		03/10/16		2,067,000
	1,125,000		BlackRock, Inc		3.500		12/10/14		1,157,876
	1,400,000		BlackRock, Inc		4.250		05/24/21		1,481,313
	4,600,000		Capital One Financial Corp		4.750		07/15/21		4,891,405
	1,500,000		Citigroup, Inc		2.250		08/07/15		1,531,167
	300,000		Citigroup, Inc		4.950		11/07/43		298,826
	1,615,000		Citigroup, Inc		5.000		09/15/14		1,661,003
	4,225,000		Citigroup, Inc		3.500		05/15/23		3,936,817
	2,075,000		Export-Import Bank of Korea		2.875		09/17/18		2,099,510

6

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,600,000		Ford Motor Credit Co LLC		4.250	%	02/03/17	$	1,721,229
	2,500,000		Ford Motor Credit Co LLC		3.000		06/12/17		2,598,295
	800,000		Ford Motor Credit Co LLC		6.625		08/15/17		926,746
	3,375,000		Ford Motor Credit Co LLC		4.375		08/06/23		3,393,087
	2,425,000		General Electric Capital Corp		3.100		01/09/23		2,300,738
	810,000		General Electric Capital Corp		6.875		01/10/39		1,041,333
	1,750,000	g	General Motors Financial Co, Inc		2.750		05/15/16		1,771,875
	3,960,000		Goldman Sachs Group, Inc		3.300		05/03/15		4,080,095
	135,000		Goldman Sachs Group, Inc		6.450		05/01/36		144,574
	335,000		Goldman Sachs Group, Inc		6.750		10/01/37		372,703
	1,500,000		Goldman Sachs Group, Inc		6.250		02/01/41		1,728,600
	448,000	g	Hyundai Capital America, Inc		3.750		04/06/16		469,226
	600,000	g	Hyundai Capital Services, Inc		4.375		07/27/16		638,351
	400,000	g	Hyundai Capital Services, Inc		3.500		09/13/17		413,505
	575,000	g	International Lease Finance Corp		6.500		09/01/14		594,406
	4,850,000		International Lease Finance Corp		5.875		08/15/22		4,837,875
	1,020,000	g	Inversiones CMPC S.A.		4.375		05/15/23		950,575
	1,975,000		Landwirtschaftliche Rentenbank		5.125		02/01/17		2,221,994
	1,565,000		Merrill Lynch & Co, Inc		6.400		08/28/17		1,804,298
	1,175,000		Merrill Lynch & Co, Inc		6.875		04/25/18		1,389,282
	3,600,000		Morgan Stanley		1.750		02/25/16		3,648,330
	1,525,000		Morgan Stanley		4.100		05/22/23		1,475,820
	750,000		Morgan Stanley		5.000		11/24/25		752,243
	2,000,000		Morgan Stanley		6.375		07/24/42		2,342,562
	565,000		National Rural Utilities Cooperative Finance Corp		10.375		11/01/18		764,097
	900,000	g	Odebrecht Finance Ltd		7.125		06/26/42		831,375
	550,000	g	Perrigo Co Ltd		4.000		11/15/23		539,602
	650,000	g	Perrigo Co Ltd		5.300		11/15/43		638,004
	925,000		State Street Corp		4.300		05/30/14		939,856
	1,400,000		State Street Corp		3.100		05/15/23		1,301,730
	1,025,000		Sumitomo Mitsui Banking Corp		2.500		07/19/18		1,029,553
	1,075,000		SunTrust Bank		2.750		05/01/23		974,677
	2,850,000	g	Temasek Financial I Ltd		2.375		01/23/23		2,564,558
	1,250,000		Toyota Motor Credit Corp		2.050		01/12/17		1,277,490
	1,475,000	g	Turkiye Vakiflar Bankasi Tao		3.750		04/15/18		1,381,338
	1,400,000	g	UBS AG.		1.875		01/23/15		1,419,600
	1,500,000		Unilever Capital Corp		2.200		03/06/19		1,498,074
	350,000		Waha Aerospace BV		3.925		07/28/20		367,500
	647,500	g	Waha Aerospace BV		3.925		07/28/20		679,875
			TOTAL DIVERSIFIED FINANCIALS						110,910,813
ENERGY - 4.2%
	1,275,000		Anadarko Petroleum Corp		5.950		09/15/16		1,420,433
	365,000		Anadarko Petroleum Corp		6.950		06/15/19		434,434
	625,000		Apache Corp		1.750		04/15/17		626,264
	1,320,000		Apache Corp		4.750		04/15/43		1,280,329
	3,375,000		Ashland, Inc		3.875		04/15/18		3,417,187
	1,500,000		Ashland, Inc		4.750		08/15/22		1,425,000
	400,000		Baker Hughes, Inc		3.200		08/15/21		397,162
	3,050,000		BP Capital Markets plc		1.375		05/10/18		2,960,174
	3,500,000		Chevron Corp		2.355		12/05/22		3,183,558
	1,540,000		Cimarex Energy Co		5.875		05/01/22		1,628,550

7

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,500,000		Cloud Peak Energy Resources LLC		8.250	%	12/15/17	$	1,565,625
	1,875,000		Concho Resources, Inc		5.500		04/01/23		1,931,250
	1,140,000		ConocoPhillips		6.500		02/01/39		1,429,579
	2,875,000		Devon Energy Corp		1.875		05/15/17		2,895,941
	500,000		Devon Energy Corp		5.600		07/15/41		521,050
	725,000		Devon Energy Corp		4.750		05/15/42		672,300
	1,100,000		Ecopetrol S.A.		4.250		09/18/18		1,160,500
	625,000		Ecopetrol S.A.		5.875		09/18/23		659,375
	3,875,000	g	EDC Finance Ltd		4.875		04/17/20		3,763,594
	990,000	g	Empresa Nacional del Petroleo		6.250		07/08/19		1,089,672
	480,000		Enbridge Energy Partners LP		5.200		03/15/20		515,254
	335,000		Enterprise Products Operating LLC		5.600		10/15/14		348,111
	170,000		Enterprise Products Operating LLC		5.000		03/01/15		178,064
	1,500,000		Enterprise Products Operating LLC		4.850		03/15/44		1,410,602
	675,000		EOG Resources, Inc		2.625		03/15/23		614,094
	1,000,000	g	Gazprom Neft OAO		4.375		09/19/22		916,250
	1,450,000	g	Gazprom OAO Via Gaz Capital S.A.		4.950		05/23/16		1,539,175
	1,295,000		Hess Corp		5.600		02/15/41		1,349,540
	2,850,000	g	Indo Energy Finance II BV		6.375		01/24/23		2,344,125
	1,200,000		Marathon Petroleum Corp		3.500		03/01/16		1,253,065
	1,200,000		Newfield Exploration Co		5.750		01/30/22		1,236,000
	400,000		Newfield Exploration Co		5.625		07/01/24		398,000
	1,400,000		Noble Energy, Inc		5.250		11/15/43		1,398,856
	500,000		Noble Holding International Ltd		3.450		08/01/15		518,455
	1,320,000		Noble Holding International Ltd		4.900		08/01/20		1,393,092
	1,800,000		Noble Holding International Ltd		3.950		03/15/22		1,759,709
	1,400,000	g	Pacific Rubiales Energy Corp		5.375		01/26/19		1,410,500
	365,000		Pemex Project Funding Master Trust		5.750		03/01/18		406,975
	650,000		Pemex Project Funding Master Trust		6.625		06/15/35		684,125
	750,000	g	Pertamina Persero PT		4.300		05/20/23		652,500
	1,500,000	g	Pertamina PT		5.250		05/23/21		1,443,750
	1,350,000	i	Petrobras Global Finance BV		1.857		05/20/16		1,346,625
	1,500,000	i	Petrobras Global Finance BV		2.384		01/15/19		1,470,000
	1,640,000		Petrobras International Finance Co		3.875		01/27/16		1,688,318
	1,800,000		Petrobras International Finance Co		3.500		02/06/17		1,816,472
	1,210,000		Petrobras International Finance Co		7.875		03/15/19		1,370,618
	925,000		Petroleos Mexicanos		4.875		03/15/15		968,475
	1,875,000		Petroleos Mexicanos		3.500		07/18/18		1,924,219
	170,000		Petroleos Mexicanos		8.000		05/03/19		205,700
	925,000		Petroleos Mexicanos		6.000		03/05/20		1,027,675
	735,000		Petroleos Mexicanos		5.500		01/21/21		790,125
	1,175,000		Petroleos Mexicanos		3.500		01/30/23		1,076,594
	1,175,000		Petroleos Mexicanos		5.500		06/27/44		1,072,188
	1,315,000	g	Petroleum Co of Trinidad & Tobago Ltd		9.750		08/14/19		1,647,038
	1,400,000		Phillips 66		1.950		03/05/15		1,419,502
	2,500,000		Plains Exploration & Production Co		6.500		11/15/20		2,760,950
	625,000		Precision Drilling Corp		6.500		12/15/21		665,625
	1,500,000	g	PTT Exploration & Production PCL		3.707		09/16/18		1,523,319
	675,000	g	PTTEP Canada International Finance Ltd		5.692		04/05/21		719,307
	400,000	g	Rosneft Oil Co via Rosneft International Finance Ltd		3.149		03/06/17		405,000
	1,000,000	g	Rosneft Oil Co via Rosneft International Finance Ltd		4.199		03/06/22		917,500
	1,325,000	g	Schlumberger Investment S.A.		2.400		08/01/22		1,214,400

8

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	900,000		Shell International Finance BV		4.550	%	08/12/43	$	877,809
	415,000		Statoil ASA		2.900		10/15/14		423,359
	675,000		Statoil ASA		1.200		01/17/18		658,874
	1,700,000		Statoil ASA		2.450		01/17/23		1,549,572
	1,325,000		Total Capital Canada Ltd		1.450		01/15/18		1,309,907
	2,000,000		Total Capital International S.A.		1.500		02/17/17		2,003,654
	1,915,000		TransCanada Pipelines Ltd		7.690		06/30/16		2,197,512
	660,000		TransCanada Pipelines Ltd		5.850		03/15/36		718,347
	700,000		Vale Overseas Ltd		4.375		01/11/22		680,115
	480,000		Vale Overseas Ltd		6.875		11/21/36		495,721
	515,000		Valero Energy Corp		4.500		02/01/15		535,440
	1,500,000		WPX Energy, Inc		6.000		01/15/22		1,500,000
			TOTAL ENERGY						93,212,179
FOOD & STAPLES RETAILING - 0.2%
	500,000		CVS Caremark Corp		3.250		05/18/15		516,828
	1,375,000		CVS Caremark Corp		4.000		12/05/23		1,372,090
	950,000		CVS Caremark Corp		5.300		12/05/43		982,455
	2,500,000		Ingles Markets, Inc		5.750		06/15/23		2,450,000
			TOTAL FOOD & STAPLES RETAILING						5,321,373
FOOD, BEVERAGE & TOBACCO - 1.1%
	2,500,000		Anheuser-Busch InBev Worldwide, Inc		2.875		02/15/16		2,602,500
	2,500,000		Anheuser-Busch InBev Worldwide, Inc		1.375		07/15/17		2,494,750
	1,450,000		Anheuser-Busch InBev Worldwide, Inc		2.500		07/15/22		1,341,204
	325,000		Campbell Soup Co		2.500		08/02/22		286,704
	4,225,000		Coca-Cola Co		3.200		11/01/23		4,063,694
	675,000		ConAgra Foods, Inc		1.300		01/25/16		676,170
	350,000	g	Corp Lindley S.A.		6.750		11/23/21		369,250
	1,600,000		Diageo Capital plc		2.625		04/29/23		1,458,762
	1,000,000	g	Embotelladora Andina S.A.		5.000		10/01/23		1,003,310
	1,150,000		Fomento Economico Mexicano SAB de C.V.		2.875		05/10/23		1,016,210
	650,000		General Mills, Inc		5.200		03/17/15		685,339
	750,000	g	Grupo Bimbo SAB de C.V.		4.875		06/30/20		776,099
	2,380,000	g	Grupo Bimbo SAB de C.V.		4.500		01/25/22		2,359,984
	1,060,000		Kraft Foods, Inc		6.500		02/09/40		1,266,701
	105,000		PepsiAmericas, Inc		4.375		02/15/14		105,482
	78,000		PepsiCo, Inc		7.900		11/01/18		97,498
	1,475,000	g	Pernod Ricard S.A.		4.250		07/15/22		1,471,243
	468,000	g	Pernod-Ricard S.A.		5.750		04/07/21		515,861
	200,000		Philip Morris International, Inc		6.375		05/16/38		237,057
	1,400,000		TreeHouse Foods, Inc		7.750		03/01/18		1,466,500
			TOTAL FOOD, BEVERAGE & TOBACCO						24,294,318
HEALTH CARE EQUIPMENT & SERVICES - 1.0%
	1,450,000		Baxter International, Inc		3.200		06/15/23		1,385,256
	600,000		Becton Dickinson & Co		1.750		11/08/16		611,162
	1,500,000		Covidien International Finance S.A.		1.350		05/29/15		1,511,004
	750,000		Covidien International Finance S.A.		3.200		06/15/22		723,214
	825,000		Edwards Lifesciences Corp		2.875		10/15/18		820,185
	6,405,000		Express Scripts Holding Co		2.100		02/12/15		6,497,828
	1,775,000		Express Scripts Holding Co		3.900		02/15/22		1,776,686

9

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,000,000	g	Fresenius Medical Care II		5.625	%	07/31/19	$	1,080,000
	3,600,000		HCA, Inc		6.500		02/15/20		3,955,500
	750,000	g	Mallinckrodt International Finance S.A.		3.500		04/15/18		735,742
	525,000		Thermo Fisher Scientific, Inc		2.400		02/01/19		520,113
	700,000		Thermo Fisher Scientific, Inc		4.150		02/01/24		693,349
	1,375,000		Thermo Fisher Scientific, Inc		5.300		02/01/44		1,390,366
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						21,700,405
HOUSEHOLD & PERSONAL PRODUCTS - 0.2%
	1,000,000		Clorox Co		3.800		11/15/21		1,006,346
	1,950,000		Colgate-Palmolive Co		2.300		05/03/22		1,787,974
	800,000		Ecolab, Inc		1.450		12/08/17		781,777
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						3,576,097
INSURANCE - 2.7%
	565,000		ACE INA Holdings, Inc		5.875		06/15/14		578,830
	750,000		Aetna, Inc		1.500		11/15/17		738,969
	310,000		Aetna, Inc		6.500		09/15/18		365,160
	285,000		Aetna, Inc		6.625		06/15/36		340,769
	1,225,000		Allstate Corp		3.150		06/15/23		1,161,721
	1,225,000		Allstate Corp		4.500		06/15/43		1,159,063
	1,525,000		Berkshire Hathaway Finance Corp		1.300		05/15/18		1,490,206
	4,750,000	g,i	Caelus Re Ltd		5.316		03/07/16		4,815,550
	500,000		Chubb Corp		6.000		05/11/37		584,077
	235,000		CIGNA Corp		5.125		06/15/20		260,650
	2,000,000		CIGNA Corp		4.500		03/15/21		2,125,472
	4,925,000	g	Five Corners Funding Trust		4.419		11/15/23		4,854,681
	1,125,000		Hartford Financial Services Group, Inc		4.000		03/30/15		1,168,755
	1,300,000		Hartford Financial Services Group, Inc		4.000		10/15/17		1,382,707
	1,275,000		Lincoln National Corp		7.000		06/15/40		1,597,413
	175,000	g	MetLife Institutional Funding II		1.625		04/02/15		176,976
	1,125,000		MetLife, Inc		6.750		06/01/16		1,279,160
	4,700,000		MetLife, Inc		4.368		09/15/23		4,798,164
	1,655,000		MetLife, Inc		5.700		06/15/35		1,807,495
	1,000,000		MetLife, Inc		4.125		08/13/42		869,625
	450,000		Principal Financial Group, Inc		1.850		11/15/17		445,930
	1,500,000		Progressive Corp		3.750		08/23/21		1,529,362
	750,000		Prudential Financial, Inc		3.875		01/14/15		775,324
	325,000		Prudential Financial, Inc		2.300		08/15/18		323,075
	630,000		Prudential Financial, Inc		7.375		06/15/19		773,443
	1,075,000		Prudential Financial, Inc		5.400		06/13/35		1,110,335
	1,375,000		Prudential Financial, Inc		5.100		08/15/43		1,365,590
	5,750,000	i	Prudential Financial, Inc		5.200		03/15/44		5,563,125
	1,190,000	g	Prudential Funding LLC		6.750		09/15/23		1,429,026
	525,000	g	Swiss Re Treasury US Corp		2.875		12/06/22		483,419
	1,325,000	g	Swiss Re Treasury US Corp		4.250		12/06/42		1,138,627
	615,000		Travelers Cos, Inc		5.800		05/15/18		708,450
	1,450,000		UnitedHealth Group, Inc		0.850		10/15/15		1,455,804
	1,100,000		UnitedHealth Group, Inc		1.400		10/15/17		1,086,111
	1,375,000		UnitedHealth Group, Inc		3.950		10/15/42		1,166,088
	3,000,000		WellPoint, Inc		3.125		05/15/22		2,813,637
	1,500,000		WellPoint, Inc		4.625		05/15/42		1,386,321

10

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,350,000		Willis Group Holdings plc		4.125	%	03/15/16	$	3,507,229
	410,000		WR Berkley Corp		5.375		09/15/20		441,430
			TOTAL INSURANCE						59,057,769
MATERIALS - 1.9%
	170,000		Airgas, Inc		4.500		09/15/14		174,400
	310,000		ArcelorMittal		4.250		08/05/15		320,850
	750,000		ArcelorMittal		5.000		02/25/17		804,375
	468,000		Ball Corp		6.750		09/15/20		508,950
	4,800,000		Ball Corp		4.000		11/15/23		4,296,000
	1,850,000		Barrick North America Finance LLC		4.400		05/30/21		1,781,265
	800,000		Corning, Inc		1.450		11/15/17		788,516
	1,475,000	g	Corp Nacional del Cobre de Chile-CODELCO		3.750		11/04/20		1,474,435
	1,650,000	g	Corp Nacional del Cobre de Chile-CODELCO		3.875		11/03/21		1,613,824
	650,000	g	Corp Nacional del Cobre de Chile-CODELCO		3.000		07/17/22		584,685
	1,793,000		Crown Americas LLC		6.250		02/01/21		1,945,405
	335,000		Eastman Chemical Co		5.500		11/15/19		369,007
	1,950,000		Freeport-McMoRan Copper & Gold, Inc		2.375		03/15/18		1,945,236
	500,000	g	Fresnillo plc		5.500		11/13/23		485,000
	2,500,000	g	Glencore Funding LLC		2.500		01/15/19		2,420,795
	6,000,000		International Paper Co		4.750		02/15/22		6,290,526
	530,000		International Paper Co		7.300		11/15/39		654,403
	1,000,000		LyondellBasell Industries NV		5.000		04/15/19		1,110,621
	500,000		Rio Tinto Finance USA Ltd		2.250		09/20/16		514,589
	1,740,000		Rio Tinto Finance USA plc		2.250		12/14/18		1,731,415
	3,045,000		Rock Tenn Co		3.500		03/01/20		2,995,010
	1,000,000		Rosetta Resources, Inc		5.625		05/01/21		997,500
	2,650,000		Sherwin-Williams Co		1.350		12/15/17		2,580,334
	875,000		Teck Resources Ltd		2.500		02/01/18		880,283
	1,925,000		Teck Resources Ltd		3.750		02/01/23		1,794,343
	275,000		Teck Resources Ltd		6.000		08/15/40		262,864
	500,000		Teck Resources Ltd		5.200		03/01/42		441,299
	1,550,000	g	Turkiye Sise ve Cam Fabrikalari AS.		4.250		05/09/20		1,363,845
			TOTAL MATERIALS						41,129,775
MEDIA - 2.5%
	1,450,000		Cinemark USA, Inc		4.875		06/01/23		1,363,000
	7,075,000		Comcast Corp		4.250		01/15/33		6,572,102
	1,150,000		DIRECTV Holdings LLC		2.400		03/15/17		1,170,768
	3,000,000		DIRECTV Holdings LLC		3.800		03/15/22		2,881,908
	1,200,000		Discovery Communications LLC		3.300		05/15/22		1,136,158
	1,275,000		Discovery Communications LLC		4.875		04/01/43		1,176,175
	1,050,000		DISH DBS Corp		4.250		04/01/18		1,071,000
	1,000,000		Echostar DBS Corp		6.625		10/01/14		1,040,000
	1,800,000		Grupo Televisa S.A.		6.000		05/15/18		2,004,874
	5,500,000		Lamar Media Corp		7.875		04/15/18		5,809,375
	1,375,000	g	NBC Universal Enterprise, Inc		1.662		04/15/18		1,342,910
	1,475,000	g	NBC Universal Enterprise, Inc		1.974		04/15/19		1,442,814
	1,175,000		NBC Universal Media LLC		2.875		01/15/23		1,087,787
	4,500,000		News America, Inc		3.000		09/15/22		4,230,238
	110,000		News America, Inc		7.625		11/30/28		136,438
	85,000		News America, Inc		6.550		03/15/33		96,642

11

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	730,000		News America, Inc		6.650	%	11/15/37	$	852,101
	600,000		News America, Inc		6.900		08/15/39		715,110
	965,000		Nielsen Finance LLC		7.750		10/15/18		1,042,200
	1,000,000		Nielsen Finance LLC		4.500		10/01/20		972,500
	3,100,000		Time Warner Cable, Inc		8.250		04/01/19		3,631,665
	250,000		Time Warner Cable, Inc		4.500		09/15/42		189,391
	960,000		Time Warner, Inc		3.150		07/15/15		994,552
	4,000,000		Time Warner, Inc		4.700		01/15/21		4,246,748
	565,000		Time Warner, Inc		6.500		11/15/36		638,379
	525,000		Time Warner, Inc		4.900		06/15/42		498,378
	2,200,000	g	Univision Communications, Inc		5.125		05/15/23		2,197,250
	2,450,000		Viacom, Inc		1.250		02/27/15		2,462,201
	1,585,000		Viacom, Inc		2.500		12/15/16		1,639,190
	1,500,000		Viacom, Inc		5.850		09/01/43		1,576,833
			TOTAL MEDIA						54,218,687
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.6%
	1,904,000		Endo Pharmaceuticals Holdings, Inc		7.000		07/15/19		2,037,280
	480,000		Life Technologies Corp		3.500		01/15/16		499,993
	1,450,000		Mead Johnson Nutrition Co		5.900		11/01/39		1,561,908
	1,425,000		Mylan, Inc		2.550		03/28/19		1,410,778
	1,828,000	g	Mylan, Inc		7.875		07/15/20		2,068,459
	1,350,000		NBTY, Inc		9.000		10/01/18		1,479,938
	1,300,000	g	Valeant Pharmaceuticals International, Inc		6.375		10/15/20		1,369,875
	875,000	g	Valeant Pharmaceuticals International, Inc		5.625		12/01/21		879,375
	650,000		Watson Pharmaceuticals, Inc		1.875		10/01/17		643,221
	875,000		Watson Pharmaceuticals, Inc		3.250		10/01/22		816,129
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						12,766,956
REAL ESTATE - 1.1%
	345,000		AMB Property LP		4.500		08/15/17		372,607
	630,000		Camden Property Trust		4.625		06/15/21		660,291
	1,650,000		Camden Property Trust		2.950		12/15/22		1,491,006
	1,000,000	g	DCT Industrial Operating Partnership LP		4.500		10/15/23		971,689
	2,000,000		Developers Diversified Realty Corp		4.750		04/15/18		2,157,476
	40,000		Federal Realty Investment Trust		5.650		06/01/16		44,001
	75,000		Federal Realty Investment Trust		5.900		04/01/20		86,120
	450,000		Federal Realty Investment Trust		3.000		08/01/22		420,524
	1,725,000		Federal Realty Investment Trust		2.750		06/01/23		1,550,201
	500,000		Healthcare Realty Trust, Inc		5.750		01/15/21		543,411
	325,000		Healthcare Realty Trust, Inc		3.750		04/15/23		300,679
	675,000		Healthcare Trust of America Holdings LP		3.700		04/15/23		621,979
	2,250,000		Highwoods Properties, Inc		5.850		03/15/17		2,477,691
	2,050,000		Kilroy Realty LP		3.800		01/15/23		1,911,738
	2,375,000		Liberty Property LP		4.125		06/15/22		2,337,594
	700,000		Mid-America Apartments LP		4.300		10/15/23		680,567
	650,000		National Retail Properties, Inc		5.500		07/15/21		706,577
	1,075,000		National Retail Properties, Inc		3.300		04/15/23		975,970
	350,000		Regency Centers LP		5.250		08/01/15		371,609
	40,000		Regency Centers LP		5.875		06/15/17		44,595
	105,000		Simon Property Group LP		5.250		12/01/16		116,221
	2,075,000		Simon Property Group LP		2.800		01/30/17		2,146,185

12

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	470,000		Simon Property Group LP		10.350	%	04/01/19	$	635,991
	340,000		Ventas Realty LP		3.125		11/30/15		353,596
	1,050,000		Ventas Realty LP		2.000		02/15/18		1,032,155
	675,000		Ventas Realty LP		2.700		04/01/20		645,436
	400,000		Ventas Realty LP		3.250		08/15/22		370,593
	925,000		Weingarten Realty Investors		3.500		04/15/23		850,375
			TOTAL REAL ESTATE						24,876,877
RETAILING - 1.9%
	3,200,000		AmeriGas Finance LLC		3.750		05/01/21		3,008,000
	1,870,000		AmeriGas Partners LP		6.250		08/20/19		2,010,250
	1,667,000		AutoNation, Inc		5.500		02/01/20		1,789,941
	225,000	g	BC Mountain LLC		7.000		02/01/21		227,250
	1,500,000	g	Golden Eagle Retail Group Ltd		4.625		05/21/23		1,281,360
	1,500,000		Home Depot, Inc		2.250		09/10/18		1,520,629
	1,868,000		Limited Brands, Inc		6.625		04/01/21		2,050,130
	2,750,000		Limited Brands, Inc		5.625		02/15/22		2,811,875
	3,085,000		Macy’s Retail Holdings, Inc		2.875		02/15/23		2,791,999
	1,660,000		O’Reilly Automotive, Inc		4.625		09/15/21		1,712,670
	5,613,000		O’Reilly Automotive, Inc		3.800		09/01/22		5,417,202
	2,400,000	g	QVC, Inc		7.500		10/01/19		2,586,833
	4,490,000	g	QVC, Inc		7.375		10/15/20		4,840,624
	375,000		QVC, Inc		5.125		07/02/22		370,915
	4,750,000		Sally Holdings LLC		5.750		06/01/22		4,940,000
	425,000		Sonic Automotive, Inc		5.000		05/15/23		398,438
	3,225,000	g	WEX, Inc		4.750		02/01/23		2,967,000
			TOTAL RETAILING						40,725,116
SOFTWARE & SERVICES - 0.7%
	650,000	g	Activision Blizzard, Inc		5.625		09/15/21		672,750
	650,000		Equinix, Inc		4.875		04/01/20		646,750
	9,600,000		Fidelity National Information Services, Inc		5.000		03/15/22		9,804,000
	325,000	g	NCR Escrow Corp		5.875		12/15/21		331,094
	630,000		Oracle Corp		3.750		07/08/14		640,876
	2,000,000		SunGard Data Systems, Inc		7.375		11/15/18		2,117,500
	1,150,000		VeriSign, Inc		4.625		05/01/23		1,098,250
			TOTAL SOFTWARE & SERVICES						15,311,220
TECHNOLOGY HARDWARE & EQUIPMENT - 1.2%
	900,000		American Tower Corp		4.700		03/15/22		899,591
	1,125,000		Amphenol Corp		4.750		11/15/14		1,162,457
	1,870,000		Brocade Communications Systems, Inc		6.875		01/15/20		2,005,575
	100,000		CC Holdings GS V LLC		2.381		12/15/17		99,048
	956,000		Flextronics International Ltd		4.625		02/15/20		932,100
	4,925,000		General Electric Co		0.850		10/09/15		4,948,000
	415,000		General Electric Co		5.250		12/06/17		469,756
	1,950,000		General Electric Co		2.700		10/09/22		1,825,198
	850,000		General Electric Co		4.125		10/09/42		785,279
	3,718,000		Jabil Circuit, Inc		5.625		12/15/20		3,857,425
	1,185,000		L-3 Communications Corp		4.950		02/15/21		1,239,446
	1,825,000	g	NXP BV		3.750		06/01/18		1,838,688
	1,900,000		Scientific Games Corp		8.125		09/15/18		2,037,750

13

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	468,000		Scientific Games Corp		9.250	%	06/15/19	$	501,930
	975,000		Tyco Electronics Group S.A.		2.375		12/17/18		961,436
	1,525,000	g	WESCO Distribution, Inc		5.375		12/15/21		1,525,000
	450,000		Xerox Corp		8.250		05/15/14		462,060
	425,000		Xerox Corp		4.500		05/15/21		437,447
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						25,988,186
TELECOMMUNICATION SERVICES - 2.4%
	915,000		America Movil SAB de C.V.		3.125		07/16/22		844,680
	1,575,000		American Tower Corp		3.500		01/31/23		1,435,998
	2,950,000		AT&T, Inc		2.625		12/01/22		2,661,673
	1,235,000		BellSouth Corp		5.200		09/15/14		1,275,278
	1,500,000	g	Bharti Airtel International Netherlands BV		5.125		03/11/23		1,377,600
	2,260,000		Cellco Partnership		8.500		11/15/18		2,861,461
	900,000		CenturyLink, Inc		6.750		12/01/23		911,250
	250,000	g	Deutsche Telekom International Finance BV		2.250		03/06/17		253,561
	630,000		Deutsche Telekom International Finance BV		8.750		06/15/30		888,793
	875,000	g	Deutsche Telekom International Finance BV		4.875		03/06/42		835,005
	1,375,000	g	Intelsat Jackson Holdings S.A.		5.500		08/01/23		1,307,969
	1,810,000	g	Oi S.A.		5.750		02/10/22		1,665,200
	375,000	g	SES		3.600		04/04/23		349,395
	1,195,000	g	SK Telecom Co Ltd		2.125		05/01/18		1,160,124
	1,325,000	g	Sprint Corp		7.250		09/15/21		1,422,719
	240,000		Sprint Nextel Corp		6.000		12/01/16		261,900
	442,000		Telecom Italia Capital S.A.		6.175		06/18/14		451,945
	2,500,000		Telefonica Emisiones SAU		3.992		02/16/16		2,625,995
	1,625,000		Telefonica Emisiones SAU		3.192		04/27/18		1,654,928
	1,500,000		Telefonica Emisiones SAU		4.570		04/27/23		1,479,131
	925,000		Telefonos de Mexico SAB de C.V.		5.500		11/15/19		1,010,563
	3,000,000		Verizon Communications, Inc		0.700		11/02/15		2,991,630
	1,110,000		Verizon Communications, Inc		6.100		04/15/18		1,289,142
	3,800,000		Verizon Communications, Inc		3.650		09/14/18		4,022,543
	276,000		Verizon Communications, Inc		8.750		11/01/18		353,163
	7,200,000		Verizon Communications, Inc		5.150		09/15/23		7,730,582
	7,800,000		Verizon Communications, Inc		6.550		09/15/43		9,125,680
	1,175,000		Windstream Corp		6.375		08/01/23		1,098,625
			TOTAL TELECOMMUNICATION SERVICES						53,346,533
TRANSPORTATION - 0.6%
	1,635,000	g	Asciano Finance Ltd		5.000		04/07/18		1,733,470
	1,000,000	g	DP World Ltd		6.850		07/02/37		982,500
	4,754,000	g	Embraer Overseas Ltd		5.696		09/16/23		4,754,000
	700,000	g	ERAC USA Finance LLC		3.300		10/15/22		650,390
	750,000	g	ERAC USA Finance LLC		5.625		03/15/42		766,013
	850,000		Hertz Corp		4.250		04/01/18		871,250
	1,000,000		Hertz Corp		7.500		10/15/18		1,078,750
	775,000		Kansas City Southern de Mexico S.A. de C.V.		2.350		05/15/20		722,007
	450,000	g	Kansas City Southern Railway		4.300		05/15/43		392,703
	375,000		Northrop Grumman Corp		1.750		06/01/18		365,835
	1,000,000		Northrop Grumman Corp		3.250		08/01/23		932,755
	1,125,000		United Parcel Service, Inc		3.625		10/01/42		947,068
			TOTAL TRANSPORTATION						14,196,741

14

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
UTILITIES - 4.2%
$	675,000	g	Abu Dhabi National Energy Co		2.500	%	01/12/18	$	675,000
	1,000,000	g	Abu Dhabi National Energy Co		6.250		09/16/19		1,140,000
	726,000	g	Abu Dhabi National Energy Co		5.875		12/13/21		804,953
	1,385,000		AES Corp		7.375		07/01/21		1,561,588
	1,000,000		AES Corp		4.875		05/15/23		935,000
	1,250,000		AGL Capital Corp		4.400		06/01/43		1,127,074
	1,000,000		Alabama Power Co		3.550		12/01/23		981,462
	1,285,000		Alliant Energy Corp		4.000		10/15/14		1,318,693
	2,000,000		American Electric Power Co, Inc		2.950		12/15/22		1,849,598
	775,000		Atmos Energy Corp		8.500		03/15/19		993,131
	1,575,000		Atmos Energy Corp		4.150		01/15/43		1,416,670
	1,075,000		Black Hills Corp		4.250		11/30/23		1,070,146
	2,243,000	g	Calpine Corp		7.500		02/15/21		2,447,674
	1,515,000		Carolina Power & Light Co		5.300		01/15/19		1,723,191
	225,000		Carolina Power & Light Co		5.700		04/01/35		248,111
	159,000		CenterPoint Energy Resources Corp		4.500		01/15/21		169,594
	660,000		CenterPoint Energy Resources Corp		6.250		02/01/37		733,954
	1,120,000	g	CEZ AS.		4.250		04/03/22		1,118,820
	1,100,000		CLP Power Hong Kong Financing Ltd		3.375		10/26/27		925,538
	1,050,000		CMS Energy Corp		4.700		03/31/43		979,684
	800,000	g	Comision Federal de Electricidad		4.875		01/15/24		794,000
	675,000	g	Comision Federal de Electricidad		5.750		02/14/42		629,438
	1,850,000		Commonwealth Edison Co		4.000		08/01/20		1,964,682
	395,000		Commonwealth Edison Co		5.900		03/15/36		451,268
	415,000		Connecticut Light & Power Co		5.500		02/01/19		475,377
	1,700,000		Consolidated Edison Co of New York, Inc		3.950		03/01/43		1,499,891
	225,000		Consolidated Natural Gas Co		5.000		12/01/14		234,259
	650,000	g	Dominion Gas Holdings LLC		3.550		11/01/23		626,094
	800,000	g	Dominion Gas Holdings LLC		4.800		11/01/43		773,476
	260,000		Duke Energy Carolinas LLC		4.300		06/15/20		278,805
	2,000,000		Duke Energy Corp		3.950		09/15/14		2,047,474
	650,000		Duke Energy Ohio, Inc		3.800		09/01/23		649,676
	1,750,000		Florida Power & Light Co		2.750		06/01/23		1,638,021
	335,000		Florida Power Corp		6.400		06/15/38		413,038
	1,410,000		FPL Group Capital, Inc		2.600		09/01/15		1,447,445
	630,000		Indiana Michigan Power Co		7.000		03/15/19		749,251
	555,000		Integrys Energy Group, Inc		4.170		11/01/20		575,482
	1,150,000	g	Israel Electric Corp Ltd		6.700		02/10/17		1,250,050
	2,000,000	g	Israel Electric Corp Ltd		7.250		01/15/19		2,222,500
	195,000	g	Kansas Gas & Electric		6.700		06/15/19		233,667
	600,000	g	KazMunayGas National Co JSC		4.400		04/30/23		556,500
	1,175,000		Kentucky Utilities Co		4.650		11/15/43		1,170,255
	775,000		Kinder Morgan Energy Partners LP		9.000		02/01/19		984,672
	1,955,000	g	Korea Hydro & Nuclear Power Co Ltd		3.125		09/16/15		2,013,738
	500,000	g	Korea Hydro & Nuclear Power Co Ltd		2.875		10/02/18		497,107
	4,030,000		LG&E and KU Energy LLC		3.750		11/15/20		4,077,191
	925,000		Louisville Gas & Electric Co		4.650		11/15/43		918,318
	1,500,000	g	MidAmerican Energy Holdings Co		5.150		11/15/43		1,512,495
	630,000		Nevada Power Co		6.500		08/01/18		745,953
	1,335,000		NiSource Finance Corp		5.400		07/15/14		1,367,825

15

TIAA-CREF FUNDS - Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	700,000		NiSource Finance Corp		4.800	%	02/15/44	$	631,586
	1,025,000		Northeast Utilities		1.450		05/01/18		992,755
	1,975,000		Northern States Power Co		5.350		11/01/39		2,167,327
	2,000,000		NTPC Ltd		5.625		07/14/21		1,986,256
	150,000		Oncor Electric Delivery Co LLC		7.250		01/15/33		188,455
	1,000,000		Oncor Electric Delivery Co LLC		4.550		12/01/41		940,530
	950,000		ONEOK Partners LP		3.375		10/01/22		888,070
	1,700,000		Pacific Gas & Electric Co		3.850		11/15/23		1,690,854
	1,400,000		Pacific Gas & Electric Co		5.125		11/15/43		1,445,720
	1,150,000		PacifiCorp		2.950		02/01/22		1,105,357
	885,000		Pepco Holdings, Inc		2.700		10/01/15		907,471
	1,000,000	g	Perusahaan Listrik Negara PT		5.500		11/22/21		962,500
	1,450,000		PG&E Corp		5.750		04/01/14		1,467,894
	135,000		Potomac Electric Power Co		7.900		12/15/38		190,583
	3,875,000		PPL Capital Funding, Inc		4.200		06/15/22		3,867,893
	1,000,000		PPL Electric Utilities Corp		3.000		09/15/21		984,016
	565,000		Progress Energy, Inc		7.050		03/15/19		677,206
	1,780,000		Public Service Co of Oklahoma		5.150		12/01/19		1,971,996
	440,000		Public Service Electric & Gas Co		5.300		05/01/18		497,241
	2,200,000		Public Service Electric & Gas Co		2.375		05/15/23		1,978,167
	1,190,000		Public Service Electric & Gas Co		5.375		11/01/39		1,299,004
	1,500,000		QEP Resources, Inc		5.375		10/01/22		1,443,750
	468,000		Questar Market Resources, Inc		6.875		03/01/21		501,930
	630,000		Sempra Energy		6.000		10/15/39		692,031
	1,375,000		Southern California Edison Co		4.650		10/01/43		1,376,040
	450,000		Tampa Electric Co		4.100		06/15/42		404,939
	1,575,000	g	Transportadora de Gas del Peru S.A.		4.250		04/30/28		1,378,125
	845,000		Virginia Electric and Power Co		2.950		01/15/22		816,391
	1,250,000		Virginia Electric and Power Co		4.650		08/15/43		1,244,980
	480,000		Williams Partners LP		3.800		02/15/15		495,898
	850,000		Williams Partners LP		4.000		11/15/21		839,474
	825,000		Williams Partners LP		4.500		11/15/23		819,394
	925,000		Williams Partners LP		5.800		11/15/43		944,176
	650,000		Xcel Energy, Inc		4.800		09/15/41		632,962
			TOTAL UTILITIES						93,448,800
			TOTAL CORPORATE BONDS						837,907,153
			(Cost $832,796,990)
GOVERNMENT BONDS - 39.5%
AGENCY SECURITIES - 0.4%
	4,698,508		AMAL Ltd		3.465		08/21/21		4,953,722
	1,500,000		Amber Circle Funding Ltd		3.250		12/04/22		1,364,995
	894,580		Cal Dive I- Title XI, Inc		4.930		02/01/27		945,982
	401,250		Totem Ocean Trailer Express, Inc		4.514		12/18/19		420,684
	2,000,000		UNM Sandoval Regional Medical Center		4.500		07/20/36		1,926,800
			TOTAL AGENCY SECURITIES						9,612,183
FOREIGN GOVERNMENT BONDS - 3.7%
	1,500,000	g	Barbados Government International Bond		7.000		08/04/22		1,312,500
	2,625,000	g	Brazil Minas SPE via State of Minas Gerais		5.333		02/15/28		2,434,687

16

TIAA-CREF FUNDS - Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000		Brazilian Government International Bond		4.250	%	01/07/25	$	952,500
	170,000		Brazilian Government International Bond		7.125		01/20/37		194,650
	970,000		Brazilian Government International Bond		5.625		01/07/41		940,900
	875,000		Colombia Government International Bond		4.375		07/12/21		901,250
	2,575,000		Colombia Government International Bond		2.625		03/15/23		2,255,700
	850,000		Colombia Government International Bond		4.000		02/26/24		819,400
	2,450,000	g	Croatia Government International Bond		6.250		04/27/17		2,609,250
	1,000,000	g	Croatia Government International Bond		6.375		03/24/21		1,046,500
	2,300,000	g	Dominican Republic International Bond		5.875		04/18/24		2,196,500
	395,000		European Investment Bank		4.875		02/15/36		431,678
	3,325,000		Export-Import Bank of Korea		1.250		11/20/15		3,335,248
	580,000		Export-Import Bank of Korea		3.750		10/20/16		615,874
	300,000		Federative Republic of Brazil		6.000		01/17/17		332,400
	1,650,000		Hungary Government International Bond		5.750		11/22/23		1,658,250
	1,000,000	g	Iceland Government International Bond		4.875		06/16/16		1,037,500
	1,000,000	g	Indonesia Government International Bond		3.750		04/25/22		901,250
	1,010,000		Israel Government International Bond		4.000		06/30/22		1,050,400
	845,000		Italy Government International Bond		5.375		06/12/17		921,050
	355,000		Italy Government International Bond		6.875		09/27/23		420,811
	3,000,000	g,i	Kommunalbanken AS.		0.417		02/20/18		2,996,292
	1,000,000		Korea Development Bank		1.500		01/22/18		958,833
	1,210,000	g	Korea Housing Finance Corp		3.500		12/15/16		1,272,978
	1,250,000	g	Korea Housing Finance Corp		1.625		09/15/18		1,178,520
	19,270,000		Mexican Bonos		8.000		12/07/23		1,641,562
	500,000		Mexico Government International Bond		6.750		09/27/34		590,000
	1,000,000		Mexico Government International Bond		6.050		01/11/40		1,087,500
	500,000		Mexico Government International Bond		4.750		03/08/44		450,625
	1,800,000	g	Morocco Government International Bond		4.250		12/11/22		1,665,000
	800,000	g	Namibia International Bonds		5.500		11/03/21		816,000
	1,825,000		Panama Government International Bond		5.200		01/30/20		1,986,969
	100,000		Peruvian Government International Bond		7.125		03/30/19		120,875
	450,000		Peruvian Government International Bond		7.350		07/21/25		567,000
	1,500,000		Poland Government International Bond		3.875		07/16/15		1,569,450
	1,250,000		Poland Government International Bond		6.375		07/15/19		1,460,938
	1,833,000		Poland Government International Bond		5.125		04/21/21		1,991,096
	1,720,000		Poland Government International Bond		3.000		03/17/23		1,566,060
	620,000		Province of Quebec Canada		7.500		09/15/29		819,832
	1,390,000	g	Qatar Government International Bond		4.500		01/20/22		1,471,315
	925,000		Republic of Korea		5.750		04/16/14		938,278
	860,000	g	Republic of Serbia		7.250		09/28/21		905,150
	700,000	g	Republic of Trinidad & Tobago		4.375		01/16/24		718,550
	900,000		Republic of Turkey		6.000		01/14/41		790,200
	900,000	g	Romanian Government International Bond		6.750		02/07/22		1,021,500
	2,575,000	g	Romanian Government International Bond		4.375		08/22/23		2,484,875
	750,000	g	Russian Foreign Bond - Eurobond		3.625		04/29/15		774,375
	750,000	g	Russian Foreign Bond - Eurobond		3.250		04/04/17		782,625
	800,000	g	Russian Foreign Bond - Eurobond		5.000		04/29/20		855,600
	1,175,000		South Africa Government International Bond		5.500		03/09/20		1,251,375
	1,675,000		South Africa Government International Bond		5.875		09/16/25		1,742,000
	8,500,000		Spain Government Bond		3.750		10/31/18		12,228,794
	2,000,000	g	Sri Lanka Government International Bond		6.250		07/27/21		1,945,000
	875,000	g	Sri Lanka Government International Bond		5.875		07/25/22		818,125

17

TIAA-CREF FUNDS - Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,220,000		Svensk Exportkredit AB		5.125	%	03/01/17	$	1,371,146
	1,100,000		Turkey Government International Bond		6.750		04/03/18		1,194,600
	227,000		United Mexican States		5.875		02/17/14		228,022
	1,032,000		United Mexican States		5.125		01/15/20		1,143,456
	891,000		Uruguay Government International Bond		4.500		08/14/24		891,000
			TOTAL FOREIGN GOVERNMENT BONDS						82,663,814
MORTGAGE BACKED - 20.8%
	85,165		Federal Home Loan Mortgage Corp (FHLMC)		5.500		08/01/35		93,524
	286,447	i	FHLMC		2.427		02/01/36		304,992
	160,227	i	FHLMC		2.564		07/01/36		170,311
	524,303	i	FHLMC		2.259		09/01/36		560,385
	309,902	i	FHLMC		2.368		09/01/36		331,932
	391,303	i	FHLMC		2.420		09/01/36		416,338
	783,371	i	FHLMC		2.633		03/01/37		836,861
	427,649	i	FHLMC		6.010		04/01/37		453,365
	58,191	i	FHLMC		6.080		05/01/37		60,668
	107,928	i	FHLMC		2.500		06/01/37		115,323
	401,642	i	FHLMC		2.615		08/01/37		424,985
	509,258	i	FHLMC		1.702		09/01/37		529,548
	1,259,163		FHLMC		6.000		09/01/37		1,404,794
	1,040,759		FHLMC		3.000		08/15/42		844,369
	6,528		Federal Home Loan Mortgage Corp Gold (FGLMC)		7.500		01/01/16		6,602
	580		FGLMC		7.500		05/01/16		601
	459		FGLMC		7.500		06/01/16		472
	417,536		FGLMC		4.500		09/01/18		442,615
	442,670		FGLMC		4.500		01/01/19		469,357
	439,696		FGLMC		4.500		05/01/19		466,088
	148,153		FGLMC		4.500		01/01/20		157,074
	241,740		FGLMC		5.000		05/01/20		258,302
	58,447		FGLMC		4.500		07/01/20		63,357
	11,318		FGLMC		7.000		10/01/20		12,227
	1,249,174		FGLMC		4.500		06/01/21		1,327,208
	705,477		FGLMC		4.500		06/01/21		749,416
	503,549		FGLMC		4.000		07/01/24		531,722
	166,518		FGLMC		4.500		09/01/24		178,618
	459		FGLMC		6.500		10/01/28		511
	10,326		FGLMC		6.500		01/01/29		11,495
	3,048		FGLMC		6.500		03/01/29		3,453
	33,336		FGLMC		6.500		07/01/29		37,102
	1,610		FGLMC		8.000		01/01/31		1,852
	18,793		FGLMC		6.500		09/01/31		21,028
	38,659		FGLMC		8.000		09/01/31		44,714
	240,145		FGLMC		7.000		12/01/31		272,643
	198,213		FGLMC		6.000		03/01/33		218,816
	273,109		FGLMC		4.500		07/01/33		289,947
	819,580		FGLMC		5.000		09/01/33		903,505
	381,948		FGLMC		5.500		09/01/33		427,209
	398,877		FGLMC		5.500		09/01/33		446,482
	312,072		FGLMC		5.500		09/01/33		349,022
	491,640		FGLMC		5.500		10/01/33		549,864
	798,343		FGLMC		5.500		12/01/33		880,690

18

TIAA-CREF FUNDS - Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,631,518		FGLMC		7.000	%	12/01/33	$	1,891,650
	421,593		FGLMC		5.000		01/01/34		456,446
	420,408		FGLMC		5.000		05/01/34		455,296
	320,610		FGLMC		6.000		09/01/34		358,847
	1,318,820		FGLMC		5.000		12/01/34		1,426,751
	100,775		FGLMC		5.500		12/01/34		111,404
	638,459		FGLMC		4.500		04/01/35		677,280
	597,182		FGLMC		7.000		05/01/35		678,186
	77,821		FGLMC		6.000		07/01/35		85,777
	81,397		FGLMC		5.000		10/01/35		87,663
	124,936		FGLMC		5.000		02/01/36		134,938
	9,287		FGLMC		6.500		05/01/36		10,324
	250,928		FGLMC		6.500		10/01/36		282,651
	33,603		FGLMC		6.500		11/01/37		37,375
	524,840		FGLMC		5.000		04/01/38		566,957
	471,121		FGLMC		5.000		07/01/39		507,863
	3,791,733		FGLMC		4.500		11/01/40		4,053,808
	4,342,742		FGLMC		4.500		12/01/40		4,627,214
	6,000,000	h	FGLMC		4.000		01/15/44		6,161,719
	1,000,000	h	FGLMC		4.500		01/15/44		1,058,086
	88,823		Federal National Mortgage Association (FNMA)		4.810		02/01/14		88,423
	3,343,433		FNMA		4.640		11/01/14		3,396,387
	5,531		FNMA		6.500		10/01/16		5,733
	50,698		FNMA		6.500		11/01/16		53,055
	32,282		FNMA		6.500		04/01/17		34,219
	95,443		FNMA		5.000		12/01/17		101,650
	47,725		FNMA		5.500		04/01/18		51,025
	485,332		FNMA		5.500		04/01/18		518,838
	27,111		FNMA		5.500		05/01/18		28,815
	179,833		FNMA		4.500		10/01/18		191,488
	507,158		FNMA		5.000		11/01/18		542,835
	27,172		FNMA		6.000		01/01/19		30,078
	64,200		FNMA		4.500		05/01/19		68,339
	142,408		FNMA		4.500		06/01/19		151,592
	103,125		FNMA		5.000		03/01/20		109,868
	74,436		FNMA		4.500		11/01/20		79,258
	140,359		FNMA		5.000		12/01/20		151,189
	167,288		FNMA		5.000		03/01/21		178,265
	121,175		FNMA		5.500		08/01/21		132,364
	115,450		FNMA		4.500		06/01/23		123,014
	121,521		FNMA		5.000		07/01/23		129,393
	278,904		FNMA		5.000		07/01/23		301,150
	97,932		FNMA		5.000		11/01/23		106,238
	91,218		FNMA		5.500		02/01/24		100,184
	110,552		FNMA		4.000		05/01/24		117,212
	51,422		FNMA		5.500		07/01/24		56,506
	959		FNMA		8.000		07/01/24		1,110
	133,737		FNMA		4.500		08/01/24		142,439
	1,170,432		FNMA		4.000		09/01/24		1,241,120
	538,955		FNMA		5.000		03/01/25		584,628
	1,177,649		FNMA		5.000		10/01/25		1,277,452
	839,089		FNMA		3.000		05/01/27		857,625

19

TIAA-CREF FUNDS - Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	748		FNMA		7.500	%	01/01/29	$	828
	6,000,000	h	FNMA		2.500		01/25/29		5,938,125
	12,000,000	h	FNMA		3.000		01/25/29		12,246,094
	5,000,000	h	FNMA		3.500		01/25/29		5,228,711
	11,000,000	h	FNMA		4.000		01/25/29		11,655,703
	6,000,000	h	FNMA		3.500		02/25/29		6,258,516
	1,389		FNMA		6.500		04/01/29		1,547
	11,501		FNMA		7.500		07/01/29		11,966
	572		FNMA		7.500		02/01/31		606
	3,481		FNMA		7.500		03/01/31		4,145
	2,595		FNMA		7.500		05/01/31		2,834
	1,170		FNMA		6.500		09/01/31		1,301
	17,095		FNMA		6.500		11/01/31		19,180
	50,941		FNMA		6.000		01/01/32		56,472
	299,489		FNMA		6.500		07/01/32		335,852
	267,960		FNMA		4.500		03/25/33		280,229
	46,718		FNMA		6.000		11/01/34		51,818
	81,951		FNMA		6.000		12/01/34		91,994
	399,311		FNMA		6.000		05/01/35		444,703
	10,569		FNMA		7.500		06/01/35		11,562
	58,493		FNMA		5.000		11/01/35		63,174
	360,591	i	FNMA		2.526		02/01/36		384,282
	158,342		FNMA		5.000		02/01/36		168,838
	294,138		FNMA		6.500		02/01/36		326,700
	303,076	i	FNMA		2.379		07/01/36		326,120
	83,985		FNMA		7.000		02/01/37		95,192
	163,778		FNMA		6.500		03/01/37		182,795
	392,474		FNMA		7.000		04/01/37		423,396
	110,267		FNMA		6.500		08/01/37		122,435
	344,577		FNMA		6.000		09/01/37		383,194
	260,753		FNMA		6.000		09/01/37		293,376
	386,512		FNMA		6.500		09/01/37		430,109
	1,008,546	i	FNMA		2.400		10/01/37		1,073,519
	113,639		FNMA		7.000		11/01/37		125,654
	8,016		FNMA		6.500		03/01/38		8,901
	188,816	i	FNMA		2.020		10/01/38		201,526
	1,408,098		FNMA		5.500		08/01/39		1,551,401
	3,309,709		FNMA		4.500		03/01/40		3,516,952
	6,000,677		FNMA		4.500		09/01/40		6,360,408
	3,249,539		FNMA		4.500		11/01/40		3,451,645
	21,123,672		FNMA		4.500		04/01/41		22,391,598
	10,649,749		FNMA		3.500		02/01/42		10,603,643
	6,019,870		FNMA		3.500		07/01/42		5,989,905
	10,345,022		FNMA		3.500		09/01/42		10,299,965
	3,840,487		FNMA		3.500		10/01/42		3,818,996
	17,607,880		FNMA		3.500		11/01/42		17,531,212
	9,593,997		FNMA		3.500		11/01/42		9,546,234
	974,350		FNMA		3.000		02/01/43		926,998
	868,234		FNMA		3.000		04/01/43		825,222
	491,529		FNMA		3.000		05/01/43		467,133
	28,000,000	h	FNMA		4.000		01/25/44		28,822,500

20

TIAA-CREF FUNDS - Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	3,000,000	h	FNMA		4.500	%	01/25/44	$	3,178,711
	18,000,000	h	FNMA		5.000		01/25/44		19,548,281
	15,000,000	h	FNMA		5.500		01/25/44		16,499,414
	41,000,000	h	FNMA		3.500		02/25/44		40,606,017
	51,000,000	h	FNMA		4.000		02/25/44		52,338,750
	142		Government National Mortgage Association (GNMA)		7.000		01/15/28		160
	1,794		GNMA		7.000		02/15/28		1,853
	631		GNMA		7.000		06/15/28		655
	1,234		GNMA		7.000		06/15/28		1,381
	7,125		GNMA		6.500		09/15/28		7,954
	3,330		GNMA		6.500		09/15/28		3,715
	9,625		GNMA		6.500		11/15/28		10,737
	3,259		GNMA		7.500		11/15/28		3,704
	590		GNMA		8.500		07/15/30		601
	18,163		GNMA		8.500		10/15/30		19,721
	12,486		GNMA		8.500		10/20/30		14,850
	1,469		GNMA		8.500		12/15/30		1,674
	2,434		GNMA		7.000		06/20/31		2,881
	2,038		GNMA		6.500		07/15/31		2,272
	6,774		GNMA		7.000		07/15/31		7,383
	7,279		GNMA		7.000		07/15/31		8,186
	922		GNMA		6.500		03/15/33		1,029
	175,489		GNMA		5.500		07/15/33		194,927
	611,792		GNMA		5.500		09/15/33		693,987
	169,240		GNMA		5.500		02/20/35		188,198
	1,061,692		GNMA		5.500		05/20/35		1,182,629
	350,758		GNMA		5.500		02/20/36		388,218
	58,534		GNMA		6.000		10/20/36		65,902
	62,647		GNMA		6.000		01/20/37		70,571
	204,615		GNMA		6.000		02/20/37		230,381
	65,998		GNMA		5.500		07/15/38		72,434
	434,657		GNMA		5.500		07/20/38		479,214
	169,634		GNMA		6.000		08/20/38		191,016
	193,600		GNMA		6.500		11/20/38		216,978
	1,202,005		GNMA		5.000		06/15/39		1,326,850
	1,133,096		GNMA		4.500		07/20/39		1,216,772
	425,912		GNMA		4.000		08/15/39		443,130
	656,011		GNMA		4.000		10/15/40		685,492
	17,300,219		GNMA		4.000		01/20/42		18,011,751
	24,604,529		GNMA		3.500		03/15/42		24,840,750
	3,947,020		GNMA		5.000		09/20/43		4,290,388
	6,000,000	h	GNMA		3.000		01/15/44		5,794,219
	4,000,000	h	GNMA		3.500		01/15/44		4,031,406
	2,000,000	h	GNMA		4.000		01/15/44		2,078,203
	14,000,000	h	GNMA		4.500		01/15/44		14,937,343
	6,000,000	h	GNMA		6.000		01/15/44		6,667,500
	2,525,094		GNMA		6.500		01/15/44		2,646,639
	6,000,000	h	GNMA		3.500		01/20/44		6,052,735
	4,000,000	h	GNMA		4.500		01/20/44		4,276,562
			TOTAL MORTGAGE BACKED						457,180,447

21

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
MUNICIPAL BONDS - 3.6%
$	445,000		Charlotte-Mecklenburg Hospital Authority		5.000	%	08/01/15	$	462,747
	4,265,000		Denver City & County School District No. 1		3.598		12/15/27		3,812,014
	25,000,000		Florida Hurricane Catastrophe Fund Finance Corp		1.298		07/01/16		25,028,750
	11,000,000		New York State Urban Development Corp		1.350		03/15/18		10,750,190
	7,985,000		State of Illinois		4.875		07/01/16		8,490,690
	3,000,000		State of Illinois		4.833		02/01/17		3,194,100
	12,000,000		State of Illinois		4.350		06/01/18		12,450,360
	1,845,000		State of Illinois		4.700		01/01/21		1,848,597
	2,560,000		State of Illinois		3.860		04/01/21		2,419,021
	3,030,000		State of Illinois		4.110		04/01/22		2,803,750
	2,195,000		State of Illinois		4.310		04/01/23		2,067,646
	3,470,000		State of Illinois		4.760		04/01/26		3,178,659
	1,763,000		State Public School Building Authority		5.000		09/15/27		1,833,062
	1,000,000		University of Massachusetts Building Authority		0.430		11/01/14		997,940
			TOTAL MUNICIPAL BONDS						79,337,526
U.S. TREASURY SECURITIES - 11.0%
	76,000		United States Treasury Bond		4.500		02/15/36		84,562
	11,485,000		United States Treasury Bond		2.875		05/15/43		9,308,236
	3,125,000		United States Treasury Bond		3.625		08/15/43		2,951,172
	9,000,000		United States Treasury Bond		3.750		11/15/43		8,699,058
	530,000		United States Treasury Note		0.250		02/28/15		530,331
	2,116,000		United States Treasury Note		0.250		05/31/15		2,116,992
	1,500,000		United States Treasury Note		0.375		08/31/15		1,502,285
	6,127,000	l	United States Treasury Note		0.375		11/15/15		6,130,590
	1,550,000		United States Treasury Note		0.375		03/15/16		1,547,579
	5,440,000		United States Treasury Note		0.875		01/31/18		5,336,303
	38,758,700		United States Treasury Note		1.500		08/31/18		38,561,883
	55,539,900		United States Treasury Note		1.375		09/30/18		54,862,980
	49,599,900		United States Treasury Note		1.250		11/30/18		48,538,165
	9,500,000		United States Treasury Note		2.000		09/30/20		9,286,250
	44,000		United States Treasury Note		2.625		11/15/20		44,715
	30,000,000		United States Treasury Note		2.375		12/31/20		29,882,820
	22,542,000		United States Treasury Note		2.750		11/15/23		22,052,410
			TOTAL U.S. TREASURY SECURITIES						241,436,331
			TOTAL GOVERNMENT BONDS						870,230,301
			(Cost $876,910,514)
STRUCTURED ASSETS - 18.2%
ASSET BACKED - 9.7%
	2,475,000	g	Ally Master Owner Trust		4.590		04/15/17		2,563,585
			Series - 2010 2 (Class B)
	55,677	g	Asset Backed Funding Corp NIM Trust		5.900		07/26/35		1
			Series - 2006 WMC1 (Class N1)
	1,200,000	g	Avis Budget Rental Car Funding AESOP LLC		5.110		03/20/17		1,283,417
			Series - 2010 5A (Class B)
	9,300,000	g	Avis Budget Rental Car Funding AESOP LLC		4.740		11/20/17		9,918,524
			Series - 2011 3A (Class B)
	1,000,000	g	Avis Budget Rental Car Funding AESOP LLC		4.720		02/20/18		1,067,951
			Series - 2011 5A (Class B)

22

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	9,800,000	g	Avis Budget Rental Car Funding AESOP LLC		3.040	%	03/20/19	$	9,888,337
			Series - 2012 3A (Class B)
	401,909	i	Bear Stearns Asset Backed Securities Trust		0.905		11/25/39		394,686
			Series - 2005 SD3 (Class 2A1)
	11,757,651	g,m	Capital Automotive REIT		4.700		07/15/42		11,800,684
			Series - 2012 1A (Class A)
	309,830	i	CIT Group Home Equity Loan Trust		6.200		02/25/30		308,822
			Series - 2002 1 (Class AF6)
	171,192	g,i	Credit-Based Asset Servicing and Securitization LLC		6.159		12/25/36		172,358
			Series - 2007 MX1 (Class A1)
	6,410,000	g,i	DB/UBS Mortgage Trust		5.557		11/10/46		6,915,332
			Series - 2011 LC1A (Class C)
	23,097,350	g	Dominos Pizza Master Issuer LLC		5.216		01/25/42		24,481,828
			Series - 2012 1A (Class A2)
	399,575	g,i	Flagstar Home Equity Loan Trust		5.781		01/25/35		399,534
			Series - 2007 1A (Class AF3)
	11,440,000		Ford Credit Auto Owner Trust		2.930		10/15/18		11,864,355
			Series - 2012 B (Class D)
	7,800,000		Ford Credit Auto Owner Trust		2.430		01/15/19		8,011,138
			Series - 2012 C (Class D)
	9,000,000		Ford Credit Auto Owner Trust		1.860		08/15/19		8,911,323
			Series - 2013 A (Class D)
	5,900,000	g	Hertz Vehicle Financing LLC		4.170		03/25/16		6,041,057
			Series - 2011 1A (Class B1)
	9,285,000	g	Hertz Vehicle Financing LLC		5.930		03/25/16		9,676,651
			Series - 0 2A (Class B2)
	5,000,000	g	Hertz Vehicle Financing LLC		1.860		08/25/17		4,961,490
			Series - 2013 1A (Class B1)
	2,000,000	g	Hertz Vehicle Financing LLC		4.960		03/25/18		2,133,346
			Series - 2011 1A (Class B2)
	15,000,000	g	Hertz Vehicle Financing LLC		2.480		08/25/19		14,633,850
			Series - 2013 1A (Class B2)
	1,301,352	i	Lehman XS Trust		0.415		02/25/36		1,183,476
			Series - 2006 1 (Class 1A1)
	2,760,622		Lehman XS Trust		6.500		06/25/46		2,120,495
			Series - 2006 13 (Class 2A1)
	98,465	i	Long Beach Mortgage Loan Trust		0.915		02/25/35		98,060
			Series - 2005 1 (Class M1)
	1,000,000	g,i	Longpoint Re Ltd		4.061		05/18/16		1,011,400
			Series - 2013 144A (Class )
	302,141	i	Park Place Securities, Inc		1.110		09/25/34		300,531
			Series - 2004 WHQ1 (Class M1)
	1,957,891	i	Park Place Securities, Inc Asset-Backed Pass-Through Certificates		0.685		01/25/36		1,945,067
			Series - 2005 WCH1 (Class M2)
	1,000,000	g	Rental Car Finance Corp		4.380		02/25/16		1,022,173
			Series - 2011 1A (Class B1)
	63,548	i	Residential Asset Securities Corp		6.489		10/25/30		63,635
			Series - 2001 KS2 (Class AI6)
	227,688	i	Residential Asset Securities Corp		0.595		04/25/35		225,506
			Series - 2005 KS3 (Class M3)
	890,072		Residential Funding Mortgage Securities II, Inc		5.500		08/25/25		909,317
			Series - 2006 HI5 (Class A3)

23

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	375,453		Residential Funding Mortgage Securities II, Inc		5.960	%	02/25/36	$	379,149
			Series - 2006 HI3 (Class A3)
	185,000	i	Residential Funding Mortgage Securities II, Inc		6.060		02/25/36		194,819
			Series - 2006 HI1 (Class M2)
	3,000,000	g,i	Sanders Re Ltd		4.061		05/05/17		2,977,800
			Series - 2013 144A (Class )
	19,750,000		Santander Drive Auto Receivables Trust		3.870		02/15/18		20,730,094
			Series - 2012 2 (Class D)
	1,000,000		Santander Drive Auto Receivables Trust		2.270		01/15/19		988,726
			Series - 2013 1 (Class D)
	582,846	i	Securitized Asset Backed Receivables LLC		0.465		10/25/35		568,333
			Series - 2006 OP1 (Class A2C)
	1,200,238	g	Sierra Receivables Funding Co LLC		3.350		04/20/26		1,227,923
			Series - 2011 1A (Class A)
	952,894	g	Sierra Receivables Funding Co LLC		4.250		05/20/28		977,823
			Series - 2011 2A (Class B)
	1,752,171	g	Sierra Receivables Funding Co LLC		3.420		03/20/29		1,778,287
			Series - 2012 2A (Class B)
	11,475,859	g	Sierra Receivables Funding Co LLC		1.590		11/20/29		11,420,718
			Series - 2013 1A (Class A)
	2,778,366	g	Sierra Receivables Funding Co LLC		2.390		11/20/29		2,783,764
			Series - 2013 1A (Class B)
	4,715,000	g	SLM Student Loan Trust		4.370		04/17/28		5,005,751
			Series - 2011 A (Class A2)
	1,480,000	g	SLM Student Loan Trust		3.740		02/15/29		1,543,628
			Series - 2011 B (Class A2)
	5,213,000	g	SLM Student Loan Trust		4.540		10/17/44		5,599,799
			Series - 2011 C (Class A2B)
	4,233,000	g	SLM Student Loan Trust		3.830		01/17/45		4,392,207
			Series - 2012 A (Class A2)
	528,188	i	Soundview Home Equity Loan Trust		0.465		11/25/35		521,058
			Series - 2005 OPT3 (Class A4)
	132,737	i	Structured Asset Investment Loan Trust		0.765		05/25/35		132,242
			Series - 2005 4 (Class M1)
	2,908,791	g,i	Structured Asset Securities Corp		0.385		10/25/36		2,806,291
			Series - 2006 GEL4 (Class A2)
	5,800,000	g,i	Vitality Re IV Ltd		2.816		01/09/17		5,910,780
			Series - 2013 IV B (Class )
	244,390	g,i	Wachovia Loan Trust		0.525		05/25/35		228,594
			Series - 2005 SD1 (Class A)
	238,432	i	Wells Fargo Home Equity Trust		0.305		07/25/36		236,033
			Series - 2006 2 (Class A3)
			TOTAL ASSET BACKED						214,711,748
OTHER MORTGAGE BACKED - 8.5%
	5,612,875	g	7 WTC Depositor LLC Trust		4.082		03/13/31		5,835,381
			Series - 2012 7WTC (Class A)
	2,990,274	i	American Home Mortgage Investment Trust 2004-3		1.897		10/25/34		2,901,475
			Series - 2004 3 (Class 4A)
	1,495,000	i	Bear Stearns Commercial Mortgage Securities		5.959		09/11/42		1,598,309
			Series - 2007 T28 (Class AJ)

24

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	12,495,000		Bear Stearns Commercial Mortgage Securities		5.363	%	02/11/44	$	12,865,864
			Series - 2007 PW15 (Class AM)
	23,059	g,i	Citigroup Commercial Mortgage Trust		0.307		04/15/22		23,014
			Series - 2007 FL3A (Class A2)
	526,484		Countrywide Alternative Loan Trust		5.500		08/25/16		534,025
			Series - 2004 30CB (Class 1A15)
	439,410		Countrywide Home Loan Mortgage Pass Through Trust		5.250		02/25/16		437,812
			Series - 2005 6 (Class 1A10)
	44,426		Countrywide Home Loan Mortgage Pass Through Trust		5.250		05/25/35		44,378
			Series - 2005 12 (Class 1A5)
	3,850,000	i	Credit Suisse Commercial Mortgage Trust		5.760		09/15/39		4,013,652
			Series - 2007 C4 (Class AM)
	7,100,000		Credit Suisse First Boston Mortgage Securities Corp		4.771		07/15/37		7,315,776
			Series - 2005 C3 (Class AJ)
	3,670,000	i	Credit Suisse First Boston Mortgage Securities Corp		5.100		08/15/38		3,777,124
			Series - 2005 C5 (Class C)
	384,037	g,i	Credit Suisse Mortgage Capital Certificates		0.347		04/15/22		383,146
			Series - 2007 TF2A (Class A1)
	1,600,000	g	Credit Suisse Mortgage Capital Certificates		5.626		05/15/23		1,746,339
			Series - 2006 OMA (Class D)
	29,705,000		Credit Suisse Mortgage Capital Certificates		5.509		09/15/39		31,895,744
			Series - 2006 C4 (Class AM)
	820,000	g	Credit Suisse Mortgage Capital Certificates		5.383		02/15/40		857,615
			Series - 2009 RR1 (Class A3C)
	862,911	i	HarborView Mortgage Loan Trust		0.386		07/19/47		718,477
			Series - 2007 4 (Class 2A1)
	665,172	i	Impac CMB Trust		0.825		03/25/35		594,041
			Series - 2004 11 (Class 2A1)
	13,475,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.932		02/15/51		14,213,093
			Series - 2007 C1 (Class AM)
	765,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		4.911		07/15/42		767,111
			Series - 2005 LDP2 (Class C)
	3,263,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		5.999		02/15/51		3,134,529
			Series - 2007 LD12 (Class AJ)
	4,535,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		6.192		02/15/51		5,026,671
			Series - 2007 LD12 (Class AM)
	2,055,000		LB-UBS Commercial Mortgage Trust		5.378		11/15/38		2,219,480
			Series - 2006 C7 (Class AM)
	7,273,000	i	LB-UBS Commercial Mortgage Trust		5.493		02/15/40		7,674,811
			Series - 2007 C2 (Class AM)
	4,845,000	i	LB-UBS Commercial Mortgage Trust		5.057		09/15/40		5,065,428
			Series - 2005 C5 (Class AJ)
	3,000,000		LB-UBS Commercial Mortgage Trust 2005-C3		4.794		07/15/40		3,144,066
			Series - 2005 C3 (Class AM)
	571,063	i	Merrill Lynch Mortgage Trust		5.107		07/12/38		602,956
			Series - 2005 CIP1 (Class AM)
	580,000	i	Merrill Lynch Mortgage Trust		6.263		02/12/51		626,135
			Series - 0 C1 (Class AJA)
	1,790,000	g,i	Morgan Stanley Capital I		5.810		08/12/41		1,882,568
			Series - 2006 T23 (Class B)
	1,821,000	i	Morgan Stanley Capital I		5.832		07/12/44		1,919,942
			Series - 2006 HQ9 (Class B)

25

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,206,000	i	Morgan Stanley Capital I		5.842	%	07/12/44	$	3,258,636
			Series - 2006 HQ9 (Class C)
	812,640		Residential Accredit Loans, Inc		4.350		03/25/34		826,192
			Series - 2004 QS4 (Class A1)
	1,405,250	g,i	Springleaf Mortgage Loan Trust		2.667		09/25/57		1,435,901
			Series - 2012 1A (Class A)
	672,566	g,i	Springleaf Mortgage Loan Trust		2.220		10/25/57		685,160
			Series - 0 2A (Class A)
	30,005,000		Wachovia Bank Commercial Mortgage Trust		5.383		12/15/43		32,285,170
			Series - 2007 C30 (Class AM)
	230,000	i	Wachovia Bank Commercial Mortgage Trust		5.818		05/15/46		252,184
			Series - 2007 C34 (Class AM)
	14,500,000	i	Wachovia Bank Commercial Mortgage Trust		5.969		05/15/46		14,765,046
			Series - 2007 C34 (Class AJ)
	795,000		Wachovia Bank Commercial Mortgage Trust		5.500		04/15/47		878,802
			Series - 2007 C31 (Class A5)
	3,515,000	i	Wachovia Bank Commercial Mortgage Trust		5.591		04/15/47		3,827,083
			Series - 2007 C31 (Class AM)
	5,000,000	i	Wachovia Bank Commercial Mortgage Trust		5.660		04/15/47		4,962,580
			Series - 2007 C31 (Class AJ)
	1,492,361	i	WaMu Mortgage Pass-Through Certificates		0.515		12/25/45		1,321,169
			Series - 2005 AR19 (Class A1B3)
			TOTAL OTHER MORTGAGE BACKED						186,316,885
			TOTAL STRUCTURED ASSETS						401,028,633
			(Cost $397,774,307)
			TOTAL BONDS						2,109,166,087
			(Cost $2,107,481,811)
SHORT-TERM INVESTMENTS - 15.5%
GOVERNMENT AGENCY DEBT - 2.0%
	5,000,000		Federal Home Loan Bank (FHLB)		0.080		02/19/14		4,999,456
	3,000,000		FHLB		0.055		02/26/14		2,999,743
	10,000,000		FHLB		0.105		03/21/14		9,999,130
	25,000,000		Federal Home Loan Mortgage Corp (FHLMC)		0.040		01/21/14		24,999,444
			TOTAL GOVERNMENT AGENCY DEBT						42,997,773
TREASURY DEBT - 13.5%
	3,500,000	d	United States Treasury Bill		0.056		02/27/14		3,499,692
	38,900,000		United States Treasury Bill		0.055-0.081		03/06/14		38,896,421
	59,900,000	d	United States Treasury Bill		0.065-0.080		03/13/14		59,895,328
	15,500,000	d	United States Treasury Bill		0.061		04/17/14		15,498,311
	16,000,000	d	United States Treasury Bill		0.070		05/01/14		15,997,216
	53,100,000	d	United States Treasury Bill		0.063-0.108		07/24/14		53,076,795
	98,000,000	d	United States Treasury Bill		0.106		08/21/14		97,955,998
	12,200,000	d	United States Treasury Note		1.250		04/15/14		12,239,553
			TOTAL TREASURY DEBT						297,059,314
			TOTAL SHORT-TERM INVESTMENTS						340,057,087
			(Cost $340,029,250)

26

TIAA-CREF FUNDS - Bond Fund

			MATURITY
PRINCIPAL	ISSUER	RATE	DATE	VALUE
	TOTAL INVESTMENTS - 111.6%			$	2,455,642,950
	(Cost $2,453,906,452)
	OTHER ASSETS & LIABILITIES, NET - (11.6)%				(254,452,725	)
	NET ASSETS - 100.0%			$	2,201,190,225

	Abbreviation(s):
REIT	Real Estate Investment Trust
d	All or a portion of these securities have been segregated by the custodian to cover collateral requirements on mortgage dollar rolls.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $371,364,430 or 16.9% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	Floating or variable rate security. Coupon rate reflects the rate at period end.
l	All or a portion of these securities have been segregated by the custodian to cover collateral requirements on swap agreements.
m	Indicates a security that has been deemed illiquid.

27

TIAA-CREF FUNDS - Bond Index Fund

TIAA-CREF FUNDS
BOND INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
December 31, 2013

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
BONDS - 99.3%
CORPORATE BONDS - 23.6%
AUTOMOBILES & COMPONENTS - 0.1%
$	50,000	BorgWarner, Inc		4.625	%	09/15/20	$	52,854
	500,000	Ford Motor Co		7.450		07/16/31		612,334
	650,000	Ford Motor Co		4.750		01/15/43		586,218
	200,000	Harsco Corp		5.750		05/15/18		209,911
	400,000	Honeywell International, Inc		5.400		03/15/16		438,523
	300,000	Honeywell International, Inc		5.300		03/01/18		339,124
	400,000	Honeywell International, Inc		5.000		02/15/19		449,454
	500,000	Honeywell International, Inc		3.350		12/01/23		489,404
	282,000	Honeywell International, Inc		5.700		03/15/37		318,760
	210,000	Johnson Controls, Inc		5.500		01/15/16		228,109
	150,000	Johnson Controls, Inc		2.600		12/01/16		155,097
	160,000	Johnson Controls, Inc		4.250		03/01/21		166,243
	270,000	Johnson Controls, Inc		6.000		01/15/36		290,179
		TOTAL AUTOMOBILES & COMPONENTS						4,336,210
BANKS - 2.8%
	100,000	Allied World Assurance Co Ltd		7.500		08/01/16		114,800
	1,800,000	Asian Development Bank		0.875		06/10/14		1,805,184
	1,750,000	Asian Development Bank		2.500		03/15/16		1,821,535
	2,000,000	Asian Development Bank		1.125		03/15/17		2,009,400
	75,000	Asian Development Bank		5.820		06/16/28		88,909
	200,000	Australia & New Zealand Banking Group Ltd		0.900		02/12/16		199,777
	500,000	Australia & New Zealand Banking Group Ltd		1.450		05/15/18		483,890
	500,000	Banco do Brasil S.A.		3.875		01/23/17		511,250
	200,000	Banco do Brasil S.A.		3.875		10/10/22		174,000
	100,000	Bancolombia S.A.		4.250		01/12/16		103,750
	200,000	Bancolombia S.A.		5.950		06/03/21		208,000
	300,000	Bank of America Corp		1.350		11/21/16		299,876
	500,000	Bank of America Corp		5.420		03/15/17		549,694
	775,000	Bank of America Corp		2.600		01/15/19		778,421
	1,000,000	Bank of America NA		1.125		11/14/16		1,001,136
	500,000	Bank of Montreal		1.300		07/15/16		504,193
	400,000	Bank of Montreal		1.450		04/09/18		389,500
	300,000	Bank of Montreal		2.375		01/25/19		299,131
	500,000	Bank of New York Mellon Corp		0.700		03/04/16		497,380
	500,000	Bank of New York Mellon Corp		2.100		01/15/19		495,600
	500,000	Bank of New York Mellon Corp		3.950		11/18/25		495,037
	200,000	Bank of Nova Scotia		0.750		10/09/15		200,653
	750,000	Bank of Nova Scotia		1.375		07/15/16		758,251
	300,000	Bank of Nova Scotia		1.100		12/13/16		301,438
	350,000	Bank of Nova Scotia		1.450		04/25/18		340,157
	500,000	Bank of Nova Scotia		2.050		10/30/18		495,307

28

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Barclays Bank plc		5.140	%	10/14/20	$	532,436
	500,000	BB&T Corp		5.200		12/23/15		540,255
	100,000	BB&T Corp		3.200		03/15/16		104,571
	200,000	BB&T Corp		2.150		03/22/17		202,209
	70,000	BB&T Corp		4.900		06/30/17		76,600
	150,000	BB&T Corp		1.600		08/15/17		148,661
	300,000	BB&T Corp		1.450		01/12/18		292,101
	200,000	BB&T Corp		2.050		06/19/18		198,007
	400,000	BB&T Corp		6.850		04/30/19		481,006
	200,000	BB&T Corp		3.950		03/22/22		196,466
	150,000	BBVA US Senior SAU		3.250		05/16/14		151,205
	500,000	BBVA US Senior SAU		4.664		10/09/15		525,639
	460,000	BHP Billiton Finance Ltd		5.400		03/29/17		515,181
	400,000	BHP Billiton Finance USA Ltd		5.500		04/01/14		405,102
	300,000	BHP Billiton Finance USA Ltd		1.000		02/24/15		301,645
	500,000	BHP Billiton Finance USA Ltd		1.625		02/24/17		501,355
	300,000	BHP Billiton Finance USA Ltd		2.050		09/30/18		299,963
	450,000	BHP Billiton Finance USA Ltd		6.500		04/01/19		539,501
	100,000	BHP Billiton Finance USA Ltd		3.250		11/21/21		99,407
	800,000	BHP Billiton Finance USA Ltd		2.875		02/24/22		765,055
	375,000	BHP Billiton Finance USA Ltd		3.850		09/30/23		376,627
	200,000	BHP Billiton Finance USA Ltd		4.125		02/24/42		177,717
	500,000	BHP Billiton Finance USA Ltd		5.000		09/30/43		508,370
	300,000	BNP Paribas S.A.		1.250		12/12/16		300,220
	1,000,000	BNP Paribas S.A.		2.700		08/20/18		1,018,751
	300,000	BNP Paribas S.A.		2.400		12/12/18		300,191
	300,000	BPCE S.A.		1.700		04/25/16		302,230
	250,000	BPCE S.A.		2.500		12/10/18		248,661
	200,000	Branch Banking & Trust Co		1.450		10/03/16		201,874
	300,000	Branch Banking & Trust Co		1.050		12/01/16		299,463
	400,000	Canadian Imperial Bank of Commerce		1.350		07/18/16		402,856
	972,000	Capital One Bank USA NA		3.375		02/15/23		903,649
	300,000	Capital One Financial Corp		2.150		03/23/15		304,974
	600,000	Capital One Financial Corp		1.000		11/06/15		599,738
	250,000	Capital One NA		1.500		03/22/18		243,119
	350,000	Citigroup, Inc		2.650		03/02/15		357,099
	1,750,000	Citigroup, Inc		3.953		06/15/16		1,861,828
	500,000	Citigroup, Inc		1.300		11/15/16		498,255
	200,000	Citigroup, Inc		4.450		01/10/17		216,760
	11,000	Citigroup, Inc		6.000		08/15/17		12,537
	915,000	Citigroup, Inc		6.125		11/21/17		1,054,729
	407,000	Citigroup, Inc		6.125		05/15/18		471,017
	300,000	Citigroup, Inc		2.500		09/26/18		301,514
	2,810,000	Citigroup, Inc		5.375		08/09/20		3,196,774
	2,700,000	Citigroup, Inc		4.500		01/14/22		2,861,222
	1,000,000	Citigroup, Inc		3.875		10/25/23		983,058
	400,000	Citigroup, Inc		5.500		09/13/25		421,296
	344,000	Citigroup, Inc		6.875		03/05/38		423,016
	225,000	Citigroup, Inc		6.675		09/13/43		258,891
	250,000	Comerica Bank		5.750		11/21/16		281,269
	50,000	Comerica Bank		5.200		08/22/17		55,054
	600,000	Commonwealth Bank of Australia		2.500		09/20/18		605,905

29

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	400,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.375	%	01/19/17	$	421,156
	275,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		1.700		03/19/18		271,596
	1,000,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.875		02/08/22		1,005,451
	375,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.950		11/09/22		363,371
	425,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		4.625		12/01/23		427,983
	400,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		5.750		12/01/43		424,034
	200,000		Corpbanca S.A.		3.125		01/15/18		191,337
	700,000		Deutsche Bank AG		3.875		08/18/14		714,686
	900,000		Deutsche Bank AG		3.450		03/30/15		928,829
	1,350,000		Deutsche Bank AG		3.250		01/11/16		1,411,918
	500,000	i	Deutsche Bank AG		4.296		05/24/28		452,667
	400,000		Discover Bank		2.000		02/21/18		392,866
	215,000		Discover Bank		7.000		04/15/20		250,042
	400,000		Discover Bank		4.200		08/08/23		394,524
	450,000		Fifth Third Bancorp		3.625		01/25/16		472,765
	200,000		Fifth Third Bancorp		3.500		03/15/22		195,030
	500,000		Fifth Third Bancorp		4.300		01/16/24		489,721
	140,000		Fifth Third Bancorp		8.250		03/01/38		186,395
	250,000		Fifth Third Bank		4.750		02/01/15		260,399
	500,000		Fifth Third Bank		1.150		11/18/16		499,654
	500,000		Fifth Third Bank		1.450		02/28/18		487,207
	100,000		First Horizon National Corp		5.375		12/15/15		107,491
	200,000		First Niagara Financial Group, Inc		7.250		12/15/21		231,264
	100,000		FirstMerit Corp		4.350		02/04/23		97,970
	750,000		HSBC Bank USA NA		4.875		08/24/20		809,423
	266,000		HSBC Bank USA NA		5.875		11/01/34		292,424
	33,000		HSBC Bank USA NA		7.000		01/15/39		41,290
	150,000		HSBC Holdings plc		4.875		01/14/22		161,868
	1,925,000		HSBC Holdings plc		6.500		09/15/37		2,276,767
	550,000		HSBC Holdings plc		6.100		01/14/42		655,233
	700,000		HSBC USA, Inc		2.375		02/13/15		714,257
	1,000,000		HSBC USA, Inc		1.625		01/16/18		986,057
	750,000		HSBC USA, Inc		2.625		09/24/18		762,658
	200,000		Huntington Bancshares, Inc		2.600		08/02/18		200,117
	250,000		Huntington National Bank		1.350		08/02/16		249,908
	200,000		Huntington National Bank		1.300		11/20/16		200,030
	750,000		Inter-American Development Bank		1.375		07/15/20		695,837
	300,000		Intesa Sanpaolo S.p.A		3.125		01/15/16		305,719
	625,000		Intesa Sanpaolo S.p.A		3.875		01/16/18		639,988
	500,000		Intesa Sanpaolo S.p.A		3.875		01/15/19		497,108
	200,000		Invesco Finance plc		4.000		01/30/24		198,236
	200,000		Invesco Finance plc		5.375		11/30/43		201,769
	1,475,000		JPMorgan Chase & Co		2.050		01/24/14		1,475,000
	634,000		JPMorgan Chase & Co		5.125		09/15/14		653,193
	225,000		JPMorgan Chase & Co		3.700		01/20/15		232,021
	800,000		JPMorgan Chase & Co		1.875		03/20/15		810,814
	1,610,000		JPMorgan Chase & Co		3.400		06/24/15		1,671,888
	700,000		JPMorgan Chase & Co		5.150		10/01/15		748,159
	1,000,000		JPMorgan Chase & Co		1.125		02/26/16		1,001,702
	1,250,000		JPMorgan Chase & Co		3.450		03/01/16		1,311,056
	300,000		JPMorgan Chase & Co		3.150		07/05/16		314,515
	335,000		JPMorgan Chase & Co		6.000		01/15/18		385,745

30

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	400,000		JPMorgan Chase & Co		1.800	%	01/25/18	$	396,489
	500,000		JPMorgan Chase & Co		1.625		05/15/18		489,600
	180,000		JPMorgan Chase & Co		4.950		03/25/20		199,626
	700,000		JPMorgan Chase & Co		4.400		07/22/20		752,471
	1,820,000		JPMorgan Chase & Co		4.250		10/15/20		1,929,267
	750,000		JPMorgan Chase & Co		4.625		05/10/21		808,501
	1,950,000		JPMorgan Chase & Co		4.350		08/15/21		2,055,144
	1,000,000		JPMorgan Chase & Co		4.500		01/24/22		1,057,731
	2,150,000		JPMorgan Chase & Co		3.250		09/23/22		2,060,390
	600,000		JPMorgan Chase & Co		3.200		01/25/23		568,816
	958,000		JPMorgan Chase & Co		5.500		10/15/40		1,040,903
	1,000,000		JPMorgan Chase & Co		5.625		08/16/43		1,056,774
	50,000		KeyBank NA		5.800		07/01/14		51,291
	300,000		KeyBank NA		1.100		11/25/16		299,365
	500,000		KeyBank NA		1.650		02/01/18		491,708
	600,000		KeyCorp		3.750		08/13/15		627,446
	400,000		KeyCorp		2.300		12/13/18		397,098
	150,000		KeyCorp		5.100		03/24/21		163,937
	500,000		Lloyds Bank plc		2.300		11/27/18		498,703
	200,000		Manufacturers & Traders Trust Co		1.450		03/07/18		194,541
	280,000	i	Manufacturers & Traders Trust Co		5.629		12/01/21		289,100
	250,000		National Australia Bank		2.000		03/09/15		254,437
	250,000		National Australia Bank		2.750		03/09/17		259,090
	250,000		National Australia Bank Ltd		1.600		08/07/15		253,986
	400,000		National Australia Bank Ltd		0.900		01/20/16		399,954
	300,000		National Australia Bank Ltd		1.300		07/25/16		301,632
	300,000		National Australia Bank Ltd		2.300		07/25/18		301,966
	400,000		National Australia Bank Ltd		3.000		01/20/23		373,186
	250,000		National Bank of Canada		1.500		06/26/15		253,223
	500,000		National Bank of Canada		1.450		11/07/17		486,134
	500,000		Nordic Investment Bank		2.250		03/15/16		518,100
	1,500,000		Nordic Investment Bank		0.750		01/17/18		1,459,800
	350,000		Northern Trust Corp		2.375		08/02/22		323,347
	500,000		Northern Trust Corp		3.950		10/30/25		487,248
	100,000		People’s United Financial, Inc		3.650		12/06/22		94,541
	200,000		PNC Bank NA		0.800		01/28/16		199,531
	300,000		PNC Bank NA		1.300		10/03/16		301,614
	750,000		PNC Bank NA		2.700		11/01/22		679,850
	500,000		PNC Bank NA		2.950		01/30/23		460,157
	100,000		PNC Bank NA		4.200		11/01/25		98,022
	150,000	i	PNC Financial Services Group, Inc		2.854		11/09/22		139,305
	580,000		PNC Funding Corp		5.400		06/10/14		592,783
	700,000		PNC Funding Corp		2.700		09/19/16		730,144
	645,000		PNC Funding Corp		5.125		02/08/20		724,437
	50,000		PNC Funding Corp		4.375		08/11/20		53,454
	400,000		PNC Funding Corp		3.300		03/08/22		393,059
	71,000		Regions Financial Corp		7.750		11/10/14		74,909
	350,000		Regions Financial Corp		2.000		05/15/18		338,909
	500,000		Royal Bank of Canada		0.800		10/30/15		501,233
	750,000		Royal Bank of Canada		1.125		07/22/16		749,903
	700,000		Royal Bank of Canada		1.450		09/09/16		709,911
	500,000		Royal Bank of Canada		1.200		09/19/17		495,417

31

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		Royal Bank of Canada		1.500	%	01/16/18	$	294,141
	500,000		Royal Bank of Canada		2.200		07/27/18		502,031
	500,000		Royal Bank of Canada		2.000		10/01/18		497,405
	1,250,000		Royal Bank of Scotland Group plc		2.550		09/18/15		1,278,446
	250,000		Royal Bank of Scotland Group plc		6.400		10/21/19		288,081
	750,000		Royal Bank of Scotland plc		6.125		01/11/21		848,896
	150,000		Santander Holdings USA, Inc		3.000		09/24/15		154,897
	200,000		Santander Holdings USA, Inc		3.450		08/27/18		205,133
	400,000		Societe Generale S.A.		2.625		10/01/18		403,508
	250,000		Sovereign Bank		8.750		05/30/18		300,386
	350,000		State Street Corp		3.700		11/20/23		347,248
	300,000		Sumitomo Mitsui Banking Corp		0.900		01/18/16		299,428
	250,000		Sumitomo Mitsui Banking Corp		1.800		07/18/17		248,117
	300,000		Sumitomo Mitsui Banking Corp		1.500		01/18/18		291,624
	250,000		Sumitomo Mitsui Banking Corp		3.200		07/18/22		237,637
	300,000		Sumitomo Mitsui Banking Corp		3.000		01/18/23		278,378
	300,000		SunTrust Bank		7.250		03/15/18		352,976
	100,000		SunTrust Banks, Inc		3.600		04/15/16		105,332
	150,000		SunTrust Banks, Inc		3.500		01/20/17		157,728
	100,000		SunTrust Banks, Inc		6.000		09/11/17		113,252
	200,000		SunTrust Banks, Inc		2.350		11/01/18		198,940
	50,000		SVB Financial Group		5.375		09/15/20		55,065
	200,000		Svenska Handelsbanken AB		3.125		07/12/16		209,181
	300,000		Svenska Handelsbanken AB		2.875		04/04/17		312,498
	500,000		Svenska Handelsbanken AB		1.625		03/21/18		490,510
	300,000		Svenska Handelsbanken AB		2.500		01/25/19		302,333
	300,000		Toronto-Dominion Bank		2.500		07/14/16		311,182
	300,000		Toronto-Dominion Bank		1.500		09/09/16		303,685
	650,000		Toronto-Dominion Bank		2.375		10/19/16		674,848
	400,000		Toronto-Dominion Bank		1.400		04/30/18		389,189
	600,000		Toronto-Dominion Bank		2.625		09/10/18		611,927
	250,000		Union Bank NA		1.500		09/26/16		252,834
	250,000		Union Bank NA		2.625		09/26/18		254,488
	315,000		Union Bank of California NA		5.950		05/11/16		349,064
	225,000		UnionBanCal Corp		3.500		06/18/22		220,700
	300,000		US Bancorp		2.200		11/15/16		309,810
	940,000		US Bancorp		1.650		05/15/17		941,976
	1,000,000		US Bancorp		1.950		11/15/18		994,637
	325,000		US Bancorp		3.000		03/15/22		314,266
	200,000		US Bancorp		2.950		07/15/22		185,825
	250,000	i	US Bank NA		3.778		04/29/20		258,715
	692,000		Wachovia Bank NA		4.800		11/01/14		717,696
	2,600,000		Wells Fargo & Co		1.250		02/13/15		2,621,466
	1,000,000		Wells Fargo & Co		1.500		07/01/15		1,014,062
	650,000	i	Wells Fargo & Co		3.676		06/15/16		692,084
	1,250,000		Wells Fargo & Co		2.100		05/08/17		1,273,311
	1,400,000		Wells Fargo & Co		1.500		01/16/18		1,390,956
	425,000		Wells Fargo & Co		2.150		01/15/19		423,669
	1,200,000		Wells Fargo & Co		4.600		04/01/21		1,315,472
	2,500,000		Wells Fargo & Co		3.500		03/08/22		2,500,660
	700,000		Wells Fargo & Co		3.450		02/13/23		661,805
	500,000		Wells Fargo & Co		4.125		08/15/23		492,925

32

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	334,000	g	Wells Fargo & Co		4.480	%	01/16/24	$	332,478
	264,000		Wells Fargo & Co		5.375		02/07/35		279,469
	225,000		Wells Fargo & Co		5.375		11/02/43		230,401
	1,143,000	g	Wells Fargo & Co		5.606		01/15/44		1,187,219
	20,000		Western Union Co		5.930		10/01/16		22,227
	500,000		Western Union Co		2.875		12/10/17		507,619
	100,000		Western Union Co		3.650		08/22/18		101,939
	400,000		Western Union Co		5.253		04/01/20		426,159
	1,455,000		Westpac Banking Corp		3.000		08/04/15		1,511,595
	500,000		Westpac Banking Corp		1.125		09/25/15		505,422
	150,000		Westpac Banking Corp		3.000		12/09/15		156,432
	300,000		Westpac Banking Corp		1.050		11/25/16		299,024
	400,000		Westpac Banking Corp		2.000		08/14/17		402,389
	750,000		Westpac Banking Corp		1.600		01/12/18		738,850
	75,000		Westpac Banking Corp		4.875		11/19/19		83,223
			TOTAL BANKS						134,495,488
CAPITAL GOODS - 0.7%
	250,000		Agilent Technologies, Inc		6.500		11/01/17		289,585
	100,000		Agilent Technologies, Inc		5.000		07/15/20		107,809
	100,000		Agilent Technologies, Inc		3.200		10/01/22		91,528
	400,000		Agilent Technologies, Inc		3.875		07/15/23		379,125
	200,000		Applied Materials, Inc		4.300		06/15/21		207,013
	100,000		Applied Materials, Inc		5.850		06/15/41		103,554
	200,000		Arrow Electronics, Inc		3.000		03/01/18		200,103
	200,000		Arrow Electronics, Inc		5.125		03/01/21		204,668
	225,000		Avnet, Inc		6.625		09/15/16		252,119
	300,000		Avnet, Inc		4.875		12/01/22		301,263
	100,000		Cameron International Corp		6.375		07/15/18		116,294
	150,000		Cameron International Corp		3.600		04/30/22		146,970
	100,000		Cameron International Corp		5.950		06/01/41		108,649
	100,000		Carlisle Cos, Inc		5.125		12/15/20		104,806
	100,000		Carlisle Cos, Inc		3.750		11/15/22		93,477
	250,000		Caterpillar Financial Services Corp		2.050		08/01/16		256,634
	300,000		Caterpillar Financial Services Corp		1.750		03/24/17		299,659
	500,000		Caterpillar Financial Services Corp		1.625		06/01/17		503,130
	500,000		Caterpillar Financial Services Corp		5.850		09/01/17		569,970
	500,000		Caterpillar Financial Services Corp		1.250		11/06/17		492,837
	200,000		Caterpillar Financial Services Corp		5.450		04/15/18		227,336
	200,000		Caterpillar Financial Services Corp		2.450		09/06/18		202,776
	1,361,000		Caterpillar Financial Services Corp		7.150		02/15/19		1,672,979
	500,000		Caterpillar Financial Services Corp		3.750		11/24/23		493,647
	50,000		Caterpillar, Inc		5.700		08/15/16		55,745
	150,000		Caterpillar, Inc		1.500		06/26/17		149,273
	200,000		Caterpillar, Inc		3.900		05/27/21		207,740
	200,000		Caterpillar, Inc		2.600		06/26/22		185,414
	438,000		Caterpillar, Inc		3.803		08/15/42		368,325
	175,000		CC Holdings GS V LLC		3.849		04/15/23		163,818
	100,000		Crane Co		2.750		12/15/18		99,512
	150,000		CRH America, Inc		4.125		01/15/16		158,275
	350,000		CRH America, Inc		6.000		09/30/16		390,993
	300,000		CRH America, Inc		5.750		01/15/21		329,672

33

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	200,000		Cummins, Inc		3.650	%	10/01/23	$	197,313
	200,000		Cummins, Inc		4.875		10/01/43		200,297
	450,000		Danaher Corp		5.625		01/15/18		512,977
	200,000		Danaher Corp		3.900		06/23/21		206,935
	150,000		Deere & Co		2.600		06/08/22		140,260
	218,000		Deere & Co		5.375		10/16/29		244,778
	350,000		Deere & Co		3.900		06/09/42		307,069
	200,000		Dover Corp		4.875		10/15/15		214,386
	150,000		Dover Corp		5.450		03/15/18		169,540
	100,000		Dover Corp		5.375		03/01/41		107,164
	600,000		Eaton Corp		1.500		11/02/17		588,199
	200,000		Eaton Corp		5.600		05/15/18		224,292
	325,000		Eaton Corp		2.750		11/02/22		303,179
	150,000		Eaton Corp		4.000		11/02/32		137,761
	250,000		Eaton Corp		4.150		11/02/42		222,084
	300,000		Emerson Electric Co		5.250		10/15/18		340,061
	400,000		Emerson Electric Co		4.875		10/15/19		447,504
	350,000		Emerson Electric Co		2.625		02/15/23		326,897
	100,000		Energizer Holdings, Inc		4.700		05/19/21		101,015
	100,000		Energizer Holdings, Inc		4.700		05/24/22		99,819
	150,000		Flowserve Corp		3.500		09/15/22		141,300
	200,000		Flowserve Corp		4.000		11/15/23		194,486
	100,000		FMC Technologies, Inc		2.000		10/01/17		99,155
	100,000		FMC Technologies, Inc		3.450		10/01/22		92,093
	300,000		General Dynamics Corp		2.250		07/15/16		309,247
	600,000		General Dynamics Corp		1.000		11/15/17		581,354
	600,000		General Dynamics Corp		2.250		11/15/22		538,723
	225,000		General Dynamics Corp		3.600		11/15/42		183,807
	100,000		IDEX Corp		4.500		12/15/20		101,990
	200,000		IDEX Corp		4.200		12/15/21		197,922
	100,000		Illinois Tool Works, Inc		6.250		04/01/19		119,263
	200,000		Illinois Tool Works, Inc		4.875		09/15/41		197,000
	500,000		Illinois Tool Works, Inc		3.900		09/01/42		427,879
	170,000		Ingersoll-Rand Global Holding Co Ltd		6.875		08/15/18		200,072
	250,000	g	Ingersoll-Rand Global Holding Co Ltd		2.875		01/15/19		246,407
	300,000	g	Ingersoll-Rand Global Holding Co Ltd		4.250		06/15/23		293,013
	200,000	g	Ingersoll-Rand Global Holding Co Ltd		5.750		06/15/43		202,994
	500,000		John Deere Capital Corp		1.300		03/12/18		488,634
	200,000		John Deere Capital Corp		1.950		12/13/18		198,726
	100,000		Joy Global, Inc		5.125		10/15/21		102,699
	200,000		Kennametal, Inc		2.650		11/01/19		194,749
	150,000		Kennametal, Inc		3.875		02/15/22		142,640
	100,000		KLA-Tencor Corp		6.900		05/01/18		117,014
	100,000		Legrand France S.A.		8.500		02/15/25		129,009
	400,000		Lockheed Martin Corp		7.650		05/01/16		461,401
	200,000		Lockheed Martin Corp		3.350		09/15/21		198,440
	350,000		Lockheed Martin Corp		4.850		09/15/41		343,958
	608,000		Lockheed Martin Corp		4.070		12/15/42		531,644
	300,000		Mosaic Co		4.250		11/15/23		296,279
	300,000		Mosaic Co		5.450		11/15/33		305,654
	100,000		Mosaic Co		4.875		11/15/41		90,544
	300,000		Mosaic Co		5.625		11/15/43		304,345

34

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	300,000	National Oilwell Varco, Inc		2.600	%	12/01/22	$	276,091
	300,000	National Oilwell Varco, Inc		3.950		12/01/42		264,835
	250,000	Parker Hannifin Corp		3.500		09/15/22		244,374
	275,000	Pentair Finance S.A.		1.350		12/01/15		276,693
	225,000	Pentair Finance S.A.		2.650		12/01/19		213,866
	100,000	Pentair Finance S.A.		3.150		09/15/22		90,326
	275,000	Precision Castparts Corp		2.500		01/15/23		249,145
	50,000	Raytheon Co		4.400		02/15/20		53,578
	450,000	Raytheon Co		3.125		10/15/20		450,513
	500,000	Raytheon Co		2.500		12/15/22		455,502
	200,000	Raytheon Co		7.200		08/15/27		245,172
	100,000	Raytheon Co		4.700		12/15/41		97,047
	300,000	Reliance Steel & Aluminum Co		4.500		04/15/23		294,276
	100,000	Rockwell Automation, Inc		6.250		12/01/37		116,471
	100,000	Rockwell Collins, Inc		3.100		11/15/21		97,565
	125,000	Rockwell Collins, Inc		3.700		12/15/23		123,402
	125,000	Rockwell Collins, Inc		4.800		12/15/43		125,491
	200,000	Roper Industries, Inc		1.850		11/15/17		198,253
	125,000	Roper Industries, Inc		2.050		10/01/18		121,478
	100,000	Roper Industries, Inc		6.250		09/01/19		114,691
	200,000	Roper Industries, Inc		3.125		11/15/22		183,296
	750,000	Seagate HDD Cayman		7.000		11/01/21		827,813
	100,000	Snap-on, Inc		4.250		01/15/18		107,126
	250,000	Stanley Black & Decker, Inc		3.400		12/01/21		245,636
	600,000	Stanley Black & Decker, Inc		2.900		11/01/22		557,417
	100,000	Stanley Black & Decker, Inc		5.200		09/01/40		100,643
	250,000	Textron, Inc		5.600		12/01/17		276,868
	200,000	Tupperware Brands Corp		4.750		06/01/21		201,139
	21,000	Tyco International Finance S.A.		3.375		10/15/15		21,789
	83,000	Tyco International Finance S.A.		8.500		01/15/19		101,811
	500,000	United Technologies Corp		4.875		05/01/15		528,402
	250,000	United Technologies Corp		1.800		06/01/17		253,854
	1,400,000	United Technologies Corp		5.375		12/15/17		1,595,384
	490,000	United Technologies Corp		4.500		04/15/20		533,082
	325,000	United Technologies Corp		3.100		06/01/22		317,779
	280,000	United Technologies Corp		5.400		05/01/35		314,516
	280,000	United Technologies Corp		6.050		06/01/36		328,789
	145,000	United Technologies Corp		5.700		04/15/40		164,717
	1,350,000	United Technologies Corp		4.500		06/01/42		1,310,967
	100,000	Valmont Industries, Inc		6.625		04/20/20		112,197
	100,000	Xylem, Inc		3.550		09/20/16		105,036
	300,000	Xylem, Inc		4.875		10/01/21		312,732
		TOTAL CAPITAL GOODS						35,268,431
COMMERCIAL & PROFESSIONAL SERVICES - 0.4%
	600,000	Air Lease Corp		3.375		01/15/19		600,000
	200,000	Celgene Corp		1.900		08/15/17		199,054
	300,000	Celgene Corp		2.300		08/15/18		298,353
	200,000	Celgene Corp		3.950		10/15/20		207,149
	300,000	Celgene Corp		3.250		08/15/22		284,027
	300,000	Celgene Corp		5.250		08/15/43		302,466
	30,000	Corp Andina de Fomento		5.125		05/05/15		31,246

35

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE		VALUE
$	500,000		Corp Andina de Fomento		3.750	%	01/15/16	$	519,849
	527,000		Corp Andina de Fomento		4.375		06/15/22		521,825
	1,000,000		Council of Europe Development Bank		2.625		02/16/16		1,040,800
	500,000		Council of Europe Development Bank		1.500		06/19/17		504,600
	500,000		Council Of Europe Development Bank		1.125		05/31/18		486,935
	300,000		Daimler Finance North America LLC		8.500		01/18/31		435,580
	300,000		eBay, Inc		0.700		07/15/15		300,806
	300,000		eBay, Inc		1.350		07/15/17		298,291
	200,000		eBay, Inc		3.250		10/15/20		203,472
	400,000		eBay, Inc		2.600		07/15/22		367,891
	200,000		eBay, Inc		4.000		07/15/42		169,372
	150,000		Equifax, Inc		6.300		07/01/17		170,978
	200,000		Equifax, Inc		3.300		12/15/22		184,625
	1,000,000		European Investment Bank		0.625		04/15/16		991,005
	750,000		European Investment Bank		1.000		03/15/18		732,585
	500,000		European Investment Bank		1.000		06/15/18		485,200
	500,000		Howard Hughes Medical Institute		3.500		09/01/23		491,680
	500,000		International Bank for Reconstruction & Development		2.125		02/13/23		465,470
	200,000		Leidos Holdings, Inc		5.950		12/01/40		191,096
	200,000		McGraw-Hill Cos, Inc		5.900		11/15/17		217,241
	300,000		Moody’s Corp		4.500		09/01/22		295,424
	400,000		Moody’s Corp		4.875		02/15/24		399,638
	200,000	g	News America, Inc		4.000		10/01/23		197,672
	225,000	g	News America, Inc		5.400		10/01/43		227,826
	44,000		Quest Diagnostics, Inc		5.450		11/01/15		47,425
	400,000		Quest Diagnostics, Inc		4.700		04/01/21		410,201
	150,000		Quest Diagnostics, Inc		6.950		07/01/37		165,509
	329,000		Reed Elsevier Capital, Inc		3.125		10/15/22		304,244
	63,000		Republic Services, Inc		5.500		09/15/19		70,890
	265,000		Republic Services, Inc		5.000		03/01/20		290,604
	580,000		Republic Services, Inc		5.250		11/15/21		632,342
	250,000		Republic Services, Inc		3.550		06/01/22		241,058
	30,000		Republic Services, Inc		6.200		03/01/40		34,051
	300,000		Republic Services, Inc		5.700		05/15/41		321,065
	150,000		SAIC, Inc		4.450		12/01/20		150,381
	100,000		Svensk Exportkredit AB		3.250		09/16/14		102,024
	1,000,000		Svensk Exportkredit AB		1.750		05/30/17		1,017,040
	300,000		Thomson Reuters Corp		0.875		05/23/16		297,889
	200,000		Thomson Reuters Corp		1.300		02/23/17		199,118
	345,000		Thomson Reuters Corp		6.500		07/15/18		400,005
	100,000		Thomson Reuters Corp		4.300		11/23/23		100,430
	145,000		Thomson Reuters Corp		5.850		04/15/40		147,040
	400,000		Thomson Reuters Corp		4.500		05/23/43		338,596
	200,000		Thomson Reuters Corp		5.650		11/23/43		203,626
	200,000	g	URS Corp		5.000		04/01/22		196,991
	25,000		Vanderbilt University		5.250		04/01/19		28,244
	310,000		Waste Management, Inc		4.600		03/01/21		330,294
	850,000		Waste Management, Inc		2.900		09/15/22		787,426
	255,000		Waste Management, Inc		6.125		11/30/39		291,335
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						18,929,984

36

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
CONSUMER DURABLES & APPAREL - 0.1%
$	100,000	Hasbro, Inc		6.125	%	05/15/14	$	102,003
	100,000	Hasbro, Inc		6.350		03/15/40		105,335
	200,000	Leggett & Platt, Inc		3.400		08/15/22		191,239
	150,000	Mattel, Inc		1.700		03/15/18		146,555
	100,000	Mattel, Inc		4.350		10/01/20		104,112
	150,000	Mattel, Inc		3.150		03/15/23		138,232
	100,000	Mattel, Inc		5.450		11/01/41		99,922
	100,000	MDC Holdings, Inc		6.000		01/15/43		86,277
	100,000	Mohawk Industries, Inc		3.850		02/01/23		95,000
	100,000	Newell Rubbermaid, Inc		4.700		08/15/20		104,885
	200,000	Newell Rubbermaid, Inc		4.000		06/15/22		195,703
	300,000	NIKE, Inc		2.250		05/01/23		268,239
	300,000	NIKE, Inc		3.625		05/01/43		251,671
	150,000	NVR, Inc		3.950		09/15/22		141,769
	200,000	Ralph Lauren Corp		2.125		09/26/18		199,005
	300,000	Rio Tinto Finance USA plc		1.375		06/17/16		304,672
	220,000	VF Corp		6.450		11/01/37		260,849
	200,000	Whirlpool Corp		8.600		05/01/14		205,239
	150,000	Whirlpool Corp		4.700		06/01/22		155,740
	100,000	Whirlpool Corp		3.700		03/01/23		95,596
	100,000	Whirlpool Corp		5.150		03/01/43		96,414
	200,000	Xerox Corp		6.750		12/15/39		218,346
		TOTAL CONSUMER DURABLES & APPAREL						3,566,803
CONSUMER SERVICES - 0.3%
	200,000	Board of Trustees of The Leland Stanford Junior University		3.625		05/01/14		202,003
	100,000	Board of Trustees of The Leland Stanford Junior University		4.750		05/01/19		112,390
	200,000	Brinker International, Inc		3.875		05/15/23		180,043
	200,000	Catholic Health Initiatives		2.600		08/01/18		200,657
	500,000	Catholic Health Initiatives		2.950		11/01/22		454,424
	200,000	Catholic Health Initiatives		4.200		08/01/23		196,108
	100,000	Cintas Corp No 2		4.300		06/01/21		103,817
	200,000	Cintas Corp No 2		3.250		06/01/22		190,670
	487,695	Continental Airlines		4.150		04/11/24		490,134
	100,000	Cornell University		5.450		02/01/19		114,414
	100,000	Darden Restaurants, Inc		6.200		10/15/17		111,411
	200,000	Darden Restaurants, Inc		3.350		11/01/22		172,063
	100,000	Darden Restaurants, Inc		6.800		10/15/37		100,635
	75,000	Dartmouth College		4.750		06/01/19		83,545
	300,000	Dun & Bradstreet Corp		3.250		12/01/17		303,229
	100,000	George Washington University		3.485		09/15/22		95,493
	175,000	GlaxoSmithKline Capital plc		0.750		05/08/15		175,695
	300,000	GlaxoSmithKline Capital plc		1.500		05/08/17		300,134
	300,000	GlaxoSmithKline Capital plc		2.850		05/08/22		282,944
	100,000	Hyatt Hotels Corp		3.875		08/15/16		105,589
	200,000	Hyatt Hotels Corp		3.375		07/15/23		183,355
	75,000	Johns Hopkins University		5.250		07/01/19		84,639
	200,000	Marriott International, Inc		3.000		03/01/19		201,401
	200,000	Marriott International, Inc		3.375		10/15/20		198,061
	200,000	Marriott International, Inc		3.250		09/15/22		186,462
	250,000	Massachusetts Institute of Technology		5.600		07/01/11		283,971
	300,000	McDonald’s Corp		1.875		05/29/19		292,712

37

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	720,000	McDonald’s Corp		3.500	%	07/15/20	$	750,082
	550,000	McDonald’s Corp		2.625		01/15/22		524,145
	280,000	McDonald’s Corp		6.300		03/01/38		340,353
	500,000	McDonald’s Corp		3.625		05/01/43		416,644
	750,000	President and Fellows of Harvard College		3.619		10/01/37		635,193
	100,000	Princeton University		4.950		03/01/19		113,084
	220,000	Princeton University		5.700		03/01/39		252,666
	200,000	Starwood Hotels & Resorts Worldwide, Inc		3.125		02/15/23		181,635
	100,000	Trinity Acquisition plc		4.625		08/15/23		98,239
	100,000	Trinity Acquisition plc		6.125		08/15/43		101,090
	350,000	Walt Disney Co		0.875		12/01/14		351,594
	70,000	Walt Disney Co		5.625		09/15/16		78,593
	700,000	Walt Disney Co		1.100		12/01/17		689,765
	850,000	Walt Disney Co		2.550		02/15/22		791,309
	200,000	Walt Disney Co		2.350		12/01/22		181,717
	200,000	Walt Disney Co		7.000		03/01/32		255,905
	100,000	Walt Disney Co		4.375		08/16/41		93,604
	100,000	Walt Disney Co		4.125		12/01/41		90,749
	200,000	Walt Disney Co		3.700		12/01/42		167,027
	2,000	Wyndham Worldwide Corp		6.000		12/01/16		2,206
	250,000	Wyndham Worldwide Corp		2.950		03/01/17		253,562
	150,000	Wyndham Worldwide Corp		2.500		03/01/18		149,491
	200,000	Wyndham Worldwide Corp		4.250		03/01/22		195,194
	200,000	Wyndham Worldwide Corp		3.900		03/01/23		188,393
	100,000	Yale University		2.900		10/15/14		101,974
	72,000	Yum! Brands, Inc		6.250		03/15/18		82,959
	50,000	Yum! Brands, Inc		3.875		11/01/20		50,655
	400,000	Yum! Brands, Inc		3.875		11/01/23		386,916
	26,000	Yum! Brands, Inc		6.875		11/15/37		29,604
	200,000	Yum! Brands, Inc		5.350		11/01/43		194,330
		TOTAL CONSUMER SERVICES						13,154,677
DIVERSIFIED FINANCIALS - 4.6%
	300,000	Abbey National Treasury Services plc		4.000		04/27/16		318,538
	500,000	Abbey National Treasury Services plc		3.050		08/23/18		513,765
	150,000	ABN Amro Bank NV		4.650		06/04/18		153,080
	500,000	African Development Bank		3.000		05/27/14		505,500
	250,000	African Development Bank		1.250		09/02/16		252,875
	1,200,000	African Development Bank		1.125		03/15/17		1,203,720
	500,000	African Development Bank		1.625		10/02/18		495,755
	20,000	Ahold Finance USA LLC		6.875		05/01/29		23,683
	600,000	American Express Centurion Bank		0.875		11/13/15		601,340
	400,000	American Express Co		6.150		08/28/17		461,477
	190,000	American Express Co		7.000		03/19/18		227,020
	300,000	American Express Co		1.550		05/22/18		292,920
	293,000	American Express Co		2.650		12/02/22		271,808
	329,000	American Express Co		4.050		12/03/42		289,462
	200,000	American Express Credit Corp		1.750		06/12/15		203,227
	1,750,000	American Express Credit Corp		2.750		09/15/15		1,811,000
	500,000	American Express Credit Corp		1.300		07/29/16		503,869
	1,600,000	American Express Credit Corp		2.800		09/19/16		1,671,808
	400,000	American Express Credit Corp		2.375		03/24/17		411,151

38

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	175,000		American Express Credit Corp		2.125	%	07/27/18	$	175,294
	300,000		American Honda Finance Corp		1.125		10/07/16		301,226
	300,000		American Honda Finance Corp		2.125		10/10/18		298,765
	125,000		Ameriprise Financial, Inc		5.650		11/15/15		135,760
	295,000		Ameriprise Financial, Inc		5.300		03/15/20		332,686
	400,000		Ameriprise Financial, Inc		4.000		10/15/23		398,814
	200,000		Ares Capital Corp		4.875		11/30/18		204,713
	1,500,000		Asian Development Bank		1.375		03/23/20		1,413,642
	250,000		Australia & New Zealand Banking Group Ltd		1.875		10/06/17		249,845
	4,220,000		Bank of America Corp		4.500		04/01/15		4,414,863
	2,045,000		Bank of America Corp		3.700		09/01/15		2,137,661
	300,000		Bank of America Corp		1.250		01/11/16		301,350
	550,000		Bank of America Corp		3.625		03/17/16		578,636
	1,200,000		Bank of America Corp		6.500		08/01/16		1,354,906
	585,000		Bank of America Corp		5.300		03/15/17		644,800
	1,000,000		Bank of America Corp		3.875		03/22/17		1,067,318
	575,000		Bank of America Corp		6.000		09/01/17		656,530
	590,000		Bank of America Corp		5.750		12/01/17		671,487
	900,000		Bank of America Corp		2.000		01/11/18		898,403
	320,000		Bank of America Corp		5.650		05/01/18		364,246
	600,000		Bank of America Corp		5.490		03/15/19		664,215
	2,300,000		Bank of America Corp		5.875		01/05/21		2,643,588
	500,000		Bank of America Corp		5.700		01/24/22		565,927
	1,425,000		Bank of America Corp		3.300		01/11/23		1,348,430
	500,000		Bank of America Corp		4.100		07/24/23		502,121
	700,000		Bank of America Corp		5.875		02/07/42		800,583
	400,000		Bank of Montreal		0.800		11/06/15		402,169
	450,000		Bank of Montreal		2.500		01/11/17		463,540
	200,000		Bank of Montreal		1.400		09/11/17		196,901
	400,000		Bank of Montreal		2.550		11/06/22		365,690
	300,000		Bank of New York Mellon Corp		1.700		11/24/14		303,244
	1,150,000		Bank of New York Mellon Corp		2.300		07/28/16		1,187,694
	100,000	i	Bank of New York Mellon Corp		1.969		06/20/17		101,084
	500,000		Bank of New York Mellon Corp		1.300		01/25/18		487,442
	300,000		Bank of New York Mellon Corp		2.100		08/01/18		298,878
	500,000		Bank of New York Mellon Corp		3.550		09/23/21		511,570
	900,000		Bank of Nova Scotia		3.400		01/22/15		928,492
	100,000		Bank of Nova Scotia		2.050		10/07/15		102,583
	500,000		Bank of Nova Scotia		2.900		03/29/16		520,473
	150,000		Bank of Nova Scotia		2.550		01/12/17		155,567
	400,000		Bank of Nova Scotia		1.375		12/18/17		392,537
	200,000		Bank of Nova Scotia		4.375		01/13/21		215,261
	500,000		Barclays Bank plc		2.750		02/23/15		511,294
	1,900,000		Barclays Bank plc		5.000		09/22/16		2,091,794
	80,000		Bear Stearns Cos LLC		5.300		10/30/15		86,290
	116,000		Bear Stearns Cos LLC		5.550		01/22/17		129,281
	50,000		Berkshire Hathaway, Inc		3.200		02/11/15		51,535
	200,000		Berkshire Hathaway, Inc		3.750		08/15/21		206,206
	300,000		Berkshire Hathaway, Inc		3.000		02/11/23		283,311
	300,000		Berkshire Hathaway, Inc		4.500		02/11/43		277,334
	275,000		BlackRock, Inc		3.500		12/10/14		283,036
	210,000		BlackRock, Inc		6.250		09/15/17		243,658

39

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	390,000	BlackRock, Inc		5.000	%	12/10/19	$	440,346
	125,000	BlackRock, Inc		3.375		06/01/22		123,636
	100,000	Block Financial LLC		5.125		10/30/14		103,452
	200,000	Block Financial LLC		5.500		11/01/22		205,552
	480,000	BNP Paribas S.A.		3.250		03/11/15		494,671
	800,000	BNP Paribas S.A.		3.600		02/23/16		842,252
	500,000	BNP Paribas S.A.		2.375		09/14/17		510,483
	700,000	BNP Paribas S.A.		5.000		01/15/21		767,891
	300,000	BNP Paribas S.A.		3.250		03/03/23		283,843
	200,000	Broadridge Financial Solutions, Inc		3.950		09/01/20		201,205
	400,000	Canadian Imperial Bank of Commerce		0.900		10/01/15		402,191
	425,000	Canadian Imperial Bank of Commerce		2.350		12/11/15		438,927
	300,000	Canadian Imperial Bank of Commerce		1.550		01/23/18		293,431
	125,000	Capital One Bank USA NA		1.150		11/21/16		124,455
	400,000	Capital One Bank USA NA		2.150		11/21/18		397,860
	700,000	Capital One Financial Corp		7.375		05/23/14		718,026
	250,000	Capital One Financial Corp		3.150		07/15/16		261,268
	200,000	Charles Schwab Corp		0.850		12/04/15		200,556
	300,000	Charles Schwab Corp		2.200		07/25/18		301,070
	100,000	Charles Schwab Corp		4.450		07/22/20		108,098
	200,000	Charles Schwab Corp		3.225		09/01/22		192,494
	300,000	Citigroup, Inc		2.250		08/07/15		306,233
	300,000	Citigroup, Inc		4.950		11/07/43		298,826
	235,000	Citigroup, Inc		5.500		10/15/14		243,730
	500,000	Citigroup, Inc		1.250		01/15/16		501,659
	500,000	Citigroup, Inc		1.300		04/01/16		501,162
	1,000,000	Citigroup, Inc		1.700		07/25/16		1,009,422
	750,000	Citigroup, Inc		1.750		05/01/18		737,470
	1,675,000	Citigroup, Inc		4.050		07/30/22		1,656,335
	870,000	Citigroup, Inc		3.375		03/01/23		826,948
	600,000	Citigroup, Inc		3.500		05/15/23		559,075
	200,000	Citigroup, Inc		5.875		01/30/42		224,775
	120,000	CME Group, Inc		5.750		02/15/14		120,703
	350,000	CME Group, Inc		3.000		09/15/22		330,511
	200,000	CME Group, Inc		5.300		09/15/43		209,307
	400,000	Commonwealth Bank of Australia		1.950		03/16/15		406,684
	250,000	Commonwealth Bank of Australia		1.250		09/18/15		252,744
	250,000	Commonwealth Bank of Australia		1.900		09/18/17		249,748
	1,480,000	Credit Suisse		5.500		05/01/14		1,504,124
	2,250,000	Credit Suisse		5.400		01/14/20		2,500,499
	250,000	Diageo Investment Corp		2.875		05/11/22		238,307
	100,000	Diageo Investment Corp		4.250		05/11/42		91,741
	155,000	Digital Realty Trust LP		4.500		07/15/15		161,226
	300,000	Digital Realty Trust LP		3.625		10/01/22		267,983
	100,000	Discover Financial Services		5.200		04/27/22		104,060
	17,000	Eaton Vance Corp		6.500		10/02/17		19,296
	300,000	Eaton Vance Corp		3.625		06/15/23		287,428
	500,000	European Bank for Reconstruction & Development		0.750		09/01/17		492,630
	1,300,000	European Bank for Reconstruction & Development		1.500		03/16/20		1,232,933
	400,000	Export-Import Bank of Korea		2.875		09/17/18		404,725
	300,000	FMS Wertmanagement AoeR		0.625		04/18/16		296,890
	3,000,000	Ford Motor Credit Co LLC		2.750		05/15/15		3,077,526

40

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Ford Motor Credit Co LLC		2.500	%	01/15/16	$	307,783
	500,000	Ford Motor Credit Co LLC		1.700		05/09/16		505,721
	300,000	Ford Motor Credit Co LLC		1.500		01/17/17		299,866
	800,000	Ford Motor Credit Co LLC		3.000		06/12/17		831,454
	900,000	Ford Motor Credit Co LLC		2.375		01/16/18		908,964
	1,000,000	Ford Motor Credit Co LLC		5.000		05/15/18		1,113,909
	400,000	Ford Motor Credit Co LLC		2.875		10/01/18		409,438
	1,000,000	Ford Motor Credit Co LLC		5.875		08/02/21		1,133,709
	450,000	Ford Motor Credit Co LLC		4.250		09/20/22		452,068
	500,000	Ford Motor Credit Co LLC		4.375		08/06/23		502,679
	125,000	Franklin Resources, Inc		3.125		05/20/15		128,922
	150,000	Franklin Resources, Inc		2.800		09/15/22		139,545
	2,335,000	General Electric Capital Corp		5.500		06/04/14		2,385,954
	200,000	General Electric Capital Corp		2.150		01/09/15		203,663
	1,605,000	General Electric Capital Corp		3.500		06/29/15		1,675,017
	350,000	General Electric Capital Corp		1.625		07/02/15		355,688
	400,000	General Electric Capital Corp		2.250		11/09/15		412,244
	750,000	General Electric Capital Corp		1.000		12/11/15		756,008
	500,000	General Electric Capital Corp		1.000		01/08/16		501,250
	1,050,000	General Electric Capital Corp		2.950		05/09/16		1,099,321
	1,000,000	General Electric Capital Corp		1.500		07/12/16		1,010,571
	200,000	General Electric Capital Corp		2.900		01/09/17		208,794
	800,000	General Electric Capital Corp		2.300		04/27/17		822,298
	1,625,000	General Electric Capital Corp		5.625		09/15/17		1,848,595
	500,000	General Electric Capital Corp		1.600		11/20/17		496,709
	300,000	General Electric Capital Corp		1.625		04/02/18		296,814
	200,000	General Electric Capital Corp		2.100		12/11/19		194,462
	630,000	General Electric Capital Corp		5.500		01/08/20		721,453
	1,855,000	General Electric Capital Corp		4.375		09/16/20		2,010,429
	250,000	General Electric Capital Corp		4.625		01/07/21		272,612
	300,000	General Electric Capital Corp		5.300		02/11/21		335,586
	200,000	General Electric Capital Corp		4.650		10/17/21		217,890
	1,900,000	General Electric Capital Corp		3.150		09/07/22		1,838,662
	500,000	General Electric Capital Corp		3.100		01/09/23		474,379
	2,625,000	General Electric Capital Corp		6.750		03/15/32		3,250,551
	1,200,000	General Electric Capital Corp		5.875		01/14/38		1,366,937
	1,227,000	General Electric Capital Corp		6.875		01/10/39		1,577,426
	1,250,000	Goldman Sachs Group, Inc		3.300		05/03/15		1,287,909
	1,630,000	Goldman Sachs Group, Inc		3.700		08/01/15		1,697,304
	500,000	Goldman Sachs Group, Inc		1.600		11/23/15		505,374
	1,875,000	Goldman Sachs Group, Inc		3.625		02/07/16		1,967,775
	550,000	Goldman Sachs Group, Inc		5.950		01/18/18		625,316
	1,450,000	Goldman Sachs Group, Inc		2.375		01/22/18		1,455,511
	60,000	Goldman Sachs Group, Inc		6.150		04/01/18		68,801
	750,000	Goldman Sachs Group, Inc		2.900		07/19/18		763,255
	1,195,000	Goldman Sachs Group, Inc		7.500		02/15/19		1,455,473
	2,505,000	Goldman Sachs Group, Inc		5.375		03/15/20		2,785,883
	1,150,000	Goldman Sachs Group, Inc		6.000		06/15/20		1,318,564
	1,300,000	Goldman Sachs Group, Inc		5.250		07/27/21		1,423,295
	2,325,000	Goldman Sachs Group, Inc		5.750		01/24/22		2,617,225
	1,800,000	Goldman Sachs Group, Inc		3.625		01/22/23		1,743,035
	65,000	Goldman Sachs Group, Inc		6.450		05/01/36		69,610

41

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,850,000		Goldman Sachs Group, Inc		6.250	%	02/01/41	$	2,131,940
	1,200,000		HSBC Finance Corp		5.500		01/19/16		1,300,981
	782,000		HSBC Finance Corp		6.676		01/15/21		898,547
	200,000		IntercontinentalExchange Group, Inc		2.500		10/15/18		201,471
	200,000		IntercontinentalExchange Group, Inc		4.000		10/15/23		201,185
	1,000,000		International Finance Corp		1.750		09/04/18		998,383
	125,000		Invesco Finance plc		3.125		11/30/22		115,662
	130,000		Jefferies Group, Inc		3.875		11/09/15		135,631
	425,000		Jefferies Group, Inc		8.500		07/15/19		518,500
	500,000		Jefferies Group, Inc		6.875		04/15/21		569,515
	100,000		Jefferies Group, Inc		6.450		06/08/27		103,907
	695,000		John Deere Capital Corp		2.950		03/09/15		715,030
	125,000		John Deere Capital Corp		0.875		04/17/15		125,708
	500,000		John Deere Capital Corp		0.750		01/22/16		498,736
	100,000		John Deere Capital Corp		2.000		01/13/17		101,694
	300,000		John Deere Capital Corp		1.400		03/15/17		299,194
	800,000		John Deere Capital Corp		5.500		04/13/17		896,059
	250,000		John Deere Capital Corp		1.200		10/10/17		243,785
	350,000		John Deere Capital Corp		1.700		01/15/20		329,588
	200,000		John Deere Capital Corp		3.150		10/15/21		197,195
	200,000		John Deere Capital Corp		2.800		01/27/23		186,890
	500,000		JPMorgan Chase & Co		0.800		04/23/15		500,104
	500,000		JPMorgan Chase & Co		1.100		10/15/15		501,907
	850,000		JPMorgan Chase & Co		2.000		08/15/17		862,201
	750,000		JPMorgan Chase & Co		3.375		05/01/23		699,000
	750,000	i	JPMorgan Chase & Co		6.000		12/30/49		717,187
	3,600,000		KFW		0.625		04/24/15		3,614,134
	1,000,000		KFW		0.500		04/19/16		988,368
	4,500,000		KFW		1.250		02/15/17		4,543,510
	1,000,000		KFW		2.750		10/01/20		1,007,400
	2,750,000		KFW		2.000		10/04/22		2,518,538
	400,000		Korea Development Bank		3.000		03/17/19		400,255
	100,000		Korea Finance Corp		3.250		09/20/16		104,299
	700,000		Korea Finance Corp		2.250		08/07/17		699,846
	500,000		Korea Finance Corp		2.875		08/22/18		502,994
	1,000,000		Kreditanstalt fuer Wiederaufbau		1.375		01/13/14		1,000,240
	3,000,000		Kreditanstalt fuer Wiederaufbau		1.250		10/26/15		3,044,400
	1,350,000		Kreditanstalt fuer Wiederaufbau		4.875		01/17/17		1,509,840
	1,105,000		Kreditanstalt fuer Wiederaufbau		4.500		07/16/18		1,237,379
	6,925,000		Kreditanstalt fuer Wiederaufbau		4.000		01/27/20		7,540,425
	2,525,000		Landwirtschaftliche Rentenbank		5.125		02/01/17		2,840,776
	1,000,000		Landwirtschaftliche Rentenbank		1.375		10/23/19		951,800
	250,000		Lazard Group LLC		4.250		11/14/20		249,458
	700,000		Lloyds TSB Bank plc		4.200		03/28/17		755,384
	1,260,000		Merrill Lynch & Co, Inc		6.400		08/28/17		1,452,662
	1,050,000		Merrill Lynch & Co, Inc		6.875		04/25/18		1,241,486
	1,500,000		Merrill Lynch & Co, Inc		6.110		01/29/37		1,617,707
	300,000		Morgan Stanley		4.750		04/01/14		302,385
	3,300,000		Morgan Stanley		6.000		05/13/14		3,362,934
	100,000		Morgan Stanley		2.875		07/28/14		101,295
	720,000		Morgan Stanley		6.000		04/28/15		766,824
	675,000		Morgan Stanley		1.750		02/25/16		684,062

42

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	200,000		Morgan Stanley		3.800	%	04/29/16	$	211,566
	970,000		Morgan Stanley		5.450		01/09/17		1,075,731
	300,000		Morgan Stanley		4.750		03/22/17		327,395
	550,000		Morgan Stanley		5.550		04/27/17		613,537
	245,000		Morgan Stanley		5.950		12/28/17		279,917
	600,000		Morgan Stanley		2.125		04/25/18		594,825
	796,000		Morgan Stanley		7.300		05/13/19		966,669
	300,000		Morgan Stanley		5.625		09/23/19		341,006
	590,000		Morgan Stanley		5.500		01/26/20		662,317
	200,000		Morgan Stanley		5.750		01/25/21		226,253
	1,200,000		Morgan Stanley		5.500		07/28/21		1,340,950
	2,500,000		Morgan Stanley		4.875		11/01/22		2,559,153
	1,350,000		Morgan Stanley		4.100		05/22/23		1,306,464
	750,000		Morgan Stanley		5.000		11/24/25		752,243
	600,000		Morgan Stanley		7.250		04/01/32		742,546
	500,000		Morgan Stanley		6.375		07/24/42		585,641
	400,000	i	Murray Street Investment Trust		4.647		03/09/17		430,755
	220,000		NASDAQ OMX Group, Inc		5.550		01/15/20		238,659
	150,000		National Rural Utilities Cooperative Finance Corp		3.875		09/16/15		157,879
	735,000		National Rural Utilities Cooperative Finance Corp		10.375		11/01/18		994,002
	350,000		National Rural Utilities Cooperative Finance Corp		3.050		02/15/22		340,015
	200,000		National Rural Utilities Cooperative Finance Corp		3.400		11/15/23		193,528
	500,000	i	National Rural Utilities Cooperative Finance Corp		4.750		04/30/43		465,625
	250,000		Nomura Holdings, Inc		5.000		03/04/15		261,173
	260,000		Nomura Holdings, Inc		4.125		01/19/16		273,690
	400,000		Nomura Holdings, Inc		2.000		09/13/16		403,307
	430,000		Nomura Holdings, Inc		6.700		03/04/20		493,072
	300,000		NYSE Euronext		2.000		10/05/17		300,390
	1,000,000		Oesterreichische Kontrollbank AG.		1.375		01/21/14		1,000,560
	800,000		Oesterreichische Kontrollbank AG.		5.000		04/25/17		901,840
	1,000,000		Oesterreichische Kontrollbank AG.		1.125		05/29/18		975,870
	600,000		ORIX Corp		5.000		01/12/16		638,448
	200,000		ORIX Corp		3.750		03/09/17		207,656
	500,000		PACCAR Financial Corp		0.700		11/16/15		501,078
	500,000		PACCAR Financial Corp		1.150		08/16/16		501,359
	300,000		PACCAR Financial Corp		1.600		03/15/17		299,568
	125,000	g	Perrigo Co Ltd		1.300		11/08/16		124,567
	100,000	g	Perrigo Co Ltd		2.300		11/08/18		98,703
	100,000	g	Perrigo Co Ltd		4.000		11/15/23		98,110
	100,000	g	Perrigo Co Ltd		5.300		11/15/43		98,155
	500,000		PNC Bank NA		3.800		07/25/23		484,919
	200,000		Principal Life Income Funding Trust		5.550		04/27/15		213,254
	200,000		Prospect Capital Corp		5.875		03/15/23		193,762
	740,000		Rabobank Nederland NV		2.125		10/13/15		759,075
	500,000		Rabobank Nederland NV		4.500		01/11/21		530,703
	350,000		Rabobank Nederland NV		5.250		05/24/41		361,104
	100,000		Raymond James Financial, Inc		4.250		04/15/16		105,783
	300,000		Raymond James Financial, Inc		5.625		04/01/24		314,722
	500,000		Royal Bank of Canada		1.150		03/13/15		504,141
	200,000		Royal Bank of Canada		0.625		12/04/15		199,928
	335,000		Royal Bank of Canada		2.625		12/15/15		347,309
	300,000		Royal Bank of Canada		0.850		03/08/16		299,583

43

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Royal Bank of Canada		2.300	%	07/20/16	$	206,756
	500,000	Sasol Financing International plc		4.500		11/14/22		465,000
	250,000	Societe Generale S.A.		2.750		10/12/17		257,675
	200,000	State Street Corp		2.875		03/07/16		208,125
	150,000	State Street Corp		1.350		05/15/18		145,169
	300,000	State Street Corp		4.375		03/07/21		325,727
	400,000	State Street Corp		3.100		05/15/23		371,923
	250,000	Sumitomo Mitsui Banking Corp		1.450		07/19/16		251,283
	250,000	Sumitomo Mitsui Banking Corp		2.500		07/19/18		251,111
	250,000	Sumitomo Mitsui Banking Corp		3.950		07/19/23		248,899
	225,000	SunTrust Bank		2.750		05/01/23		204,002
	300,000	Syngenta Finance NV		3.125		03/28/22		287,776
	150,000	TD Ameritrade Holding Corp		4.150		12/01/14		154,869
	392,000	Telefonica Europe BV		8.250		09/15/30		466,812
	500,000	Toyota Motor Credit Corp		1.000		02/17/15		503,386
	250,000	Toyota Motor Credit Corp		3.200		06/17/15		259,986
	225,000	Toyota Motor Credit Corp		0.875		07/17/15		226,382
	700,000	Toyota Motor Credit Corp		2.800		01/11/16		731,509
	500,000	Toyota Motor Credit Corp		0.800		05/17/16		500,534
	300,000	Toyota Motor Credit Corp		2.000		09/15/16		308,583
	150,000	Toyota Motor Credit Corp		2.050		01/12/17		153,299
	400,000	Toyota Motor Credit Corp		1.750		05/22/17		401,887
	500,000	Toyota Motor Credit Corp		1.250		10/05/17		490,838
	500,000	Toyota Motor Credit Corp		1.375		01/10/18		490,342
	500,000	Toyota Motor Credit Corp		2.000		10/24/18		499,855
	300,000	Toyota Motor Credit Corp		3.400		09/15/21		304,554
	400,000	Toyota Motor Credit Corp		2.625		01/10/23		370,898
	162,000	UBS AG.		5.750		04/25/18		185,984
	1,671,000	UBS AG.		4.875		08/04/20		1,859,502
	500,000	Unilever Capital Corp		2.750		02/10/16		520,134
	400,000	Unilever Capital Corp		0.850		08/02/17		389,387
	250,000	Unilever Capital Corp		4.800		02/15/19		279,794
	300,000	Unilever Capital Corp		2.200		03/06/19		299,615
	250,000	Unilever Capital Corp		4.250		02/10/21		268,102
	330,000	Unilever Capital Corp		5.900		11/15/32		405,276
	500,000	Wells Fargo & Co		1.250		07/20/16		503,709
	500,000	Wells Fargo Bank NA		0.750		07/20/15		501,509
	500,000	Westpac Banking Corp		2.250		07/30/18		501,814
	200,000	Zions Bancorporation		4.500		06/13/23		194,950
		TOTAL DIVERSIFIED FINANCIALS						220,496,641
ENERGY - 2.4%
	650,000	Anadarko Petroleum Corp		5.950		09/15/16		724,142
	700,000	Anadarko Petroleum Corp		6.375		09/15/17		803,648
	465,000	Anadarko Petroleum Corp		8.700		03/15/19		588,723
	1,325,000	Anadarko Petroleum Corp		6.200		03/15/40		1,465,629
	100,000	Apache Corp		1.750		04/15/17		100,202
	400,000	Apache Corp		6.900		09/15/18		480,794
	200,000	Apache Corp		3.250		04/15/22		197,051
	480,000	Apache Corp		5.100		09/01/40		487,357
	300,000	Apache Corp		5.250		02/01/42		311,475
	350,000	Apache Corp		4.750		04/15/43		339,481

44

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Apache Corp		4.250	%	01/15/44	$	269,720
	200,000	Baker Hughes, Inc		7.500		11/15/18		246,412
	450,000	Baker Hughes, Inc		3.200		08/15/21		446,808
	415,000	Baker Hughes, Inc		5.125		09/15/40		439,362
	200,000	Boardwalk Pipelines LP		5.750		09/15/19		221,576
	590,000	BP Capital Markets plc		3.125		10/01/15		616,402
	700,000	BP Capital Markets plc		0.700		11/06/15		701,743
	1,000,000	BP Capital Markets plc		3.200		03/11/16		1,050,079
	200,000	BP Capital Markets plc		1.846		05/05/17		202,008
	850,000	BP Capital Markets plc		1.375		11/06/17		837,076
	500,000	BP Capital Markets plc		1.375		05/10/18		485,274
	300,000	BP Capital Markets plc		2.241		09/26/18		300,866
	300,000	BP Capital Markets plc		4.500		10/01/20		324,124
	150,000	BP Capital Markets plc		4.742		03/11/21		164,080
	650,000	BP Capital Markets plc		3.561		11/01/21		655,079
	200,000	BP Capital Markets plc		3.245		05/06/22		193,852
	850,000	BP Capital Markets plc		2.500		11/06/22		773,911
	300,000	BP Capital Markets plc		3.994		09/26/23		303,081
	100,000	Buckeye Partners LP		5.300		10/15/14		103,358
	200,000	Buckeye Partners LP		2.650		11/15/18		197,061
	200,000	Buckeye Partners LP		4.875		02/01/21		204,669
	300,000	Buckeye Partners LP		4.150		07/01/23		288,462
	200,000	Buckeye Partners LP		5.850		11/15/43		197,345
	575,000	Burlington Resources Finance Co		7.200		08/15/31		730,224
	200,000	Burlington Resources Finance Co		7.400		12/01/31		259,297
	200,000	Cameron International Corp		1.150		12/15/16		199,339
	500,000	Cameron International Corp		4.000		12/15/23		494,099
	200,000	Cameron International Corp		5.125		12/15/43		197,883
	600,000	Canadian Natural Resources Ltd		5.700		05/15/17		674,291
	850,000	Canadian Natural Resources Ltd		6.250		03/15/38		952,450
	340,000	Cenovus Energy, Inc		5.700		10/15/19		387,305
	625,000	Cenovus Energy, Inc		3.000		08/15/22		586,087
	200,000	Cenovus Energy, Inc		4.450		09/15/42		180,090
	400,000	Cenovus Energy, Inc		5.200		09/15/43		396,667
	100,000	Chevron Corp		0.889		06/24/16		100,237
	500,000	Chevron Corp		1.104		12/05/17		488,996
	750,000	Chevron Corp		1.718		06/24/18		747,169
	200,000	Chevron Corp		4.950		03/03/19		226,862
	750,000	Chevron Corp		2.427		06/24/20		729,795
	650,000	Chevron Corp		2.355		12/05/22		591,232
	250,000	Chevron Corp		3.191		06/24/23		239,988
	1,005,000	ConocoPhillips		4.600		01/15/15		1,047,587
	200,000	ConocoPhillips		1.050		12/15/17		195,158
	600,000	ConocoPhillips		5.750		02/01/19		692,864
	600,000	ConocoPhillips		2.400		12/15/22		546,368
	250,000	ConocoPhillips		5.900		05/15/38		293,441
	785,000	ConocoPhillips		6.500		02/01/39		984,403
	500,000	ConocoPhillips Holding Co		6.950		04/15/29		632,688
	300,000	DCP Midstream Operating LP		2.500		12/01/17		298,709
	200,000	DCP Midstream Operating LP		4.950		04/01/22		203,019
	300,000	Devon Energy Corp		1.200		12/15/16		299,874
	150,000	Devon Energy Corp		1.875		05/15/17		151,093

45

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Devon Energy Corp		2.250	%	12/15/18	$	494,761
	850,000	Devon Energy Corp		6.300		01/15/19		985,029
	525,000	Devon Energy Corp		3.250		05/15/22		500,613
	600,000	Devon Energy Corp		7.950		04/15/32		780,882
	200,000	Devon Energy Corp		4.750		05/15/42		185,462
	300,000	Diamond Offshore Drilling, Inc		5.875		05/01/19		346,860
	200,000	Diamond Offshore Drilling, Inc		3.450		11/01/23		193,089
	100,000	Diamond Offshore Drilling, Inc		5.700		10/15/39		108,622
	175,000	Diamond Offshore Drilling, Inc		4.875		11/01/43		171,754
	300,000	Ecopetrol S.A.		4.250		09/18/18		316,500
	550,000	Ecopetrol S.A.		7.625		07/23/19		651,750
	500,000	Ecopetrol S.A.		5.875		09/18/23		527,500
	200,000	Ecopetrol S.A.		7.375		09/18/43		216,800
	400,000	El Paso Pipeline Partners Operating Co LLC		4.700		11/01/42		342,431
	495,000	Enbridge Energy Partners LP		5.200		03/15/20		531,355
	300,000	Enbridge Energy Partners LP		5.500		09/15/40		290,003
	300,000	EnCana Corp		3.900		11/15/21		297,866
	220,000	EnCana Corp		6.500		05/15/19		256,992
	515,000	EnCana Corp		6.625		08/15/37		569,588
	150,000	EnCana Corp		5.150		11/15/41		140,625
	400,000	EnCana Holdings Finance Corp		5.800		05/01/14		406,908
	400,000	Ensco plc		3.250		03/15/16		417,618
	700,000	Ensco plc		4.700		03/15/21		740,419
	40,000	Enterprise Products Operating LLC		5.600		10/15/14		41,565
	145,000	Enterprise Products Operating LLC		5.000		03/01/15		151,878
	200,000	Enterprise Products Operating LLC		1.250		08/13/15		201,329
	735,000	Enterprise Products Operating LLC		6.300		09/15/17		846,124
	130,000	Enterprise Products Operating LLC		6.500		01/31/19		152,497
	600,000	Enterprise Products Operating LLC		5.200		09/01/20		667,426
	400,000	Enterprise Products Operating LLC		4.050		02/15/22		405,357
	1,100,000	Enterprise Products Operating LLC		3.350		03/15/23		1,044,903
	480,000	Enterprise Products Operating LLC		6.125		10/15/39		529,877
	300,000	Enterprise Products Operating LLC		4.850		08/15/42		282,530
	100,000	Enterprise Products Operating LLC		4.450		02/15/43		88,332
	500,000	Enterprise Products Operating LLC		4.850		03/15/44		470,200
	500,000	EOG Resources, Inc		2.500		02/01/16		515,858
	440,000	EOG Resources, Inc		4.100		02/01/21		459,622
	600,000	EOG Resources, Inc		2.625		03/15/23		545,861
	50,000	EQT Corp		6.500		04/01/18		56,484
	350,000	EQT Corp		8.125		06/01/19		424,611
	200,000	Gulf South Pipeline Co LP		4.000		06/15/22		195,011
	300,000	Halliburton Co		1.000		08/01/16		300,499
	400,000	Halliburton Co		2.000		08/01/18		396,944
	400,000	Halliburton Co		6.150		09/15/19		472,989
	300,000	Halliburton Co		3.500		08/01/23		290,812
	400,000	Halliburton Co		7.450		09/15/39		538,370
	250,000	Halliburton Co		4.500		11/15/41		237,612
	300,000	Halliburton Co		4.750		08/01/43		294,614
	425,000	Hess Corp		8.125		02/15/19		527,898
	200,000	Hess Corp		7.875		10/01/29		254,878
	740,000	Hess Corp		5.600		02/15/41		771,166
	30,000	Husky Energy, Inc		7.250		12/15/19		36,199

46

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	200,000		Husky Energy, Inc		3.950	%	04/15/22	$	197,407
	130,000		Husky Energy, Inc		6.800		09/15/37		156,231
	200,000		Magellan Midstream Partners LP		6.550		07/15/19		236,669
	125,000		Magellan Midstream Partners LP		4.250		02/01/21		129,434
	500,000		Magellan Midstream Partners LP		4.200		12/01/42		422,667
	200,000		Marathon Oil Corp		0.900		11/01/15		200,167
	400,000		Marathon Oil Corp		6.000		10/01/17		453,312
	350,000		Marathon Oil Corp		2.800		11/01/22		322,562
	255,000		Marathon Oil Corp		6.600		10/01/37		305,506
	200,000		Marathon Petroleum Corp		3.500		03/01/16		208,844
	250,000		Marathon Petroleum Corp		5.125		03/01/21		270,817
	350,000		Marathon Petroleum Corp		6.500		03/01/41		398,899
	125,000		Murphy Oil Corp		2.500		12/01/17		125,760
	200,000		Murphy Oil Corp		4.000		06/01/22		190,282
	200,000		Murphy Oil Corp		3.700		12/01/22		184,801
	200,000		Murphy Oil Corp		5.125		12/01/42		170,184
	200,000	g	Nabors Industries, Inc		2.350		09/15/16		202,015
	125,000		Nabors Industries, Inc		6.150		02/15/18		140,466
	350,000		Nabors Industries, Inc		4.625		09/15/21		350,410
	100,000	g	Nabors Industries, Inc		5.100		09/15/23		99,194
	100,000		National Oilwell Varco, Inc		1.350		12/01/17		98,247
	935,000		Nexen, Inc		6.400		05/15/37		1,064,325
	150,000		Noble Energy, Inc		8.250		03/01/19		186,442
	350,000		Noble Energy, Inc		4.150		12/15/21		359,887
	700,000		Noble Energy, Inc		6.000		03/01/41		748,493
	300,000		Noble Energy, Inc		5.250		11/15/43		299,755
	100,000		Noble Holding International Ltd		3.450		08/01/15		103,691
	100,000		Noble Holding International Ltd		2.500		03/15/17		100,316
	305,000		Noble Holding International Ltd		4.900		08/01/20		321,889
	100,000		Noble Holding International Ltd		6.200		08/01/40		104,424
	400,000		Noble Holding International Ltd		5.250		03/15/42		383,793
	350,000		Occidental Petroleum Corp		2.500		02/01/16		362,718
	350,000		Occidental Petroleum Corp		1.750		02/15/17		351,204
	250,000		Occidental Petroleum Corp		1.500		02/15/18		244,343
	250,000		Occidental Petroleum Corp		3.125		02/15/22		243,493
	550,000		Occidental Petroleum Corp		2.700		02/15/23		503,508
	406,000		Panhandle Eastern Pipeline Co LP		7.000		06/15/18		469,762
	785,000		Pemex Project Funding Master Trust		5.750		03/01/18		875,275
	750,000		Petrobras Global Finance BV		2.000		05/20/16		749,407
	750,000		Petrobras Global Finance BV		3.000		01/15/19		701,874
	750,000		Petrobras Global Finance BV		4.375		05/20/23		668,169
	750,000		Petrobras Global Finance BV		5.625		05/20/43		612,234
	500,000		Petrobras International Finance Co		2.875		02/06/15		507,501
	350,000		Petrobras International Finance Co		3.875		01/27/16		360,312
	47,000		Petrobras International Finance Co		6.125		10/06/16		50,904
	625,000		Petrobras International Finance Co		3.500		02/06/17		630,719
	1,125,000		Petrobras International Finance Co		7.875		03/15/19		1,274,335
	100,000		Petrobras International Finance Co		5.750		01/20/20		102,894
	1,400,000		Petrobras International Finance Co		5.375		01/27/21		1,389,343
	875,000		Petrobras International Finance Co		6.875		01/20/40		827,528
	300,000		Petrobras International Finance Co		6.750		01/27/41		279,130
	75,000		Petro-Canada		6.800		05/15/38		89,765

47

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	700,000	Petrohawk Energy Corp		7.250	%	08/15/18	$	754,600
	505,000	Petroleos Mexicanos		4.875		03/15/15		528,735
	400,000	Petroleos Mexicanos		3.500		07/18/18		410,500
	980,000	Petroleos Mexicanos		8.000		05/03/19		1,185,800
	775,000	Petroleos Mexicanos		6.000		03/05/20		861,025
	800,000	Petroleos Mexicanos		5.500		01/21/21		860,000
	240,000	Petroleos Mexicanos		4.875		01/24/22		246,600
	270,000	Petroleos Mexicanos		1.700		12/20/22		262,390
	270,000	Petroleos Mexicanos		2.000		12/20/22		265,986
	400,000	Petroleos Mexicanos		3.500		01/30/23		366,500
	300,000	Petroleos Mexicanos		4.875		01/18/24		300,000
	1,040,000	Petroleos Mexicanos		6.500		06/02/41		1,086,800
	1,050,000	Petroleos Mexicanos		5.500		06/27/44		958,125
	150,000	Phillips 66		4.300		04/01/22		152,432
	300,000	Pioneer Natural Resources Co		6.650		03/15/17		342,058
	375,000	Pioneer Natural Resources Co		3.950		07/15/22		376,437
	200,000	Plains All American Pipeline LP		6.125		01/15/17		224,878
	700,000	Plains All American Pipeline LP		5.000		02/01/21		770,569
	200,000	Plains All American Pipeline LP		2.850		01/31/23		181,839
	400,000	Plains All American Pipeline LP		3.850		10/15/23		390,201
	100,000	Plains All American Pipeline LP		6.650		01/15/37		116,875
	250,000	Plains All American Pipeline LP		5.150		06/01/42		246,504
	500,000	Plains Exploration & Production Co		6.875		02/15/23		557,500
	100,000	Rowan Cos, Inc		5.000		09/01/17		108,377
	300,000	Rowan Cos, Inc		7.875		08/01/19		360,311
	250,000	Rowan Cos, Inc		4.875		06/01/22		253,688
	100,000	Rowan Cos, Inc		5.400		12/01/42		92,514
	750,000	Schlumberger Investment S.A.		3.650		12/01/23		743,470
	440,000	Shell International Finance BV		3.100		06/28/15		456,625
	300,000	Shell International Finance BV		0.625		12/04/15		300,064
	300,000	Shell International Finance BV		0.900		11/15/16		299,961
	200,000	Shell International Finance BV		1.125		08/21/17		197,244
	500,000	Shell International Finance BV		2.000		11/15/18		500,316
	805,000	Shell International Finance BV		4.300		09/22/19		882,375
	1,130,000	Shell International Finance BV		4.375		03/25/20		1,238,758
	200,000	Shell International Finance BV		2.375		08/21/22		183,134
	500,000	Shell International Finance BV		2.250		01/06/23		446,463
	500,000	Shell International Finance BV		3.400		08/12/23		487,327
	421,000	Shell International Finance BV		6.375		12/15/38		522,877
	200,000	Shell International Finance BV		3.625		08/21/42		167,275
	500,000	Shell International Finance BV		4.550		08/12/43		487,672
	200,000	Southwestern Energy Co		7.500		02/01/18		236,945
	325,000	Southwestern Energy Co		4.100		03/15/22		322,175
	210,000	Statoil ASA		2.900		10/15/14		214,230
	350,000	Statoil ASA		3.125		08/17/17		367,406
	375,000	Statoil ASA		1.200		01/17/18		366,041
	300,000	Statoil ASA		1.150		05/15/18		289,801
	300,000	Statoil ASA		1.950		11/08/18		297,439
	450,000	Statoil ASA		5.250		04/15/19		510,013
	300,000	Statoil ASA		2.900		11/08/20		298,037
	250,000	Statoil ASA		3.150		01/23/22		244,145
	375,000	Statoil ASA		2.450		01/17/23		341,817

48

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		Statoil ASA		2.650	%	01/15/24	$	270,601
	300,000		Statoil ASA		3.700		03/01/24		297,848
	200,000		Statoil ASA		5.100		08/17/40		207,576
	400,000		Statoil ASA		4.250		11/23/41		366,652
	300,000		Statoil ASA		3.950		05/15/43		262,409
	300,000		Statoil ASA		4.800		11/08/43		303,087
	550,000		Suncor Energy, Inc		6.100		06/01/18		635,777
	1,400,000		Suncor Energy, Inc		6.500		06/15/38		1,629,795
	300,000		Sunoco Logistics Partners Operations LP		3.450		01/15/23		275,654
	100,000		Sunoco Logistics Partners Operations LP		6.100		02/15/42		102,099
	25,000		Talisman Energy, Inc		7.750		06/01/19		29,942
	450,000		Talisman Energy, Inc		3.750		02/01/21		435,670
	300,000		Talisman Energy, Inc		5.850		02/01/37		289,865
	200,000		Talisman Energy, Inc		5.500		05/15/42		188,379
	200,000		Total Capital Canada Ltd		1.450		01/15/18		197,722
	300,000		Total Capital Canada Ltd		2.750		07/15/23		277,146
	400,000		Total Capital International S.A.		0.750		01/25/16		399,238
	500,000		Total Capital International S.A.		1.000		08/12/16		500,844
	1,000,000		Total Capital International S.A.		2.875		02/17/22		950,956
	400,000		Total Capital International S.A.		2.700		01/25/23		368,978
	300,000		Total Capital International S.A.		3.700		01/15/24		296,632
	300,000		TransCanada Pipelines Ltd		0.875		03/02/15		300,872
	500,000		TransCanada Pipelines Ltd		0.750		01/15/16		498,748
	600,000		TransCanada Pipelines Ltd		3.800		10/01/20		621,080
	1,050,000		TransCanada Pipelines Ltd		2.500		08/01/22		957,678
	340,000		TransCanada Pipelines Ltd		5.850		03/15/36		370,058
	469,000		TransCanada Pipelines Ltd		7.625		01/15/39		625,998
	200,000		TransCanada Pipelines Ltd		6.100		06/01/40		226,468
	300,000	i	TransCanada Pipelines Ltd		6.350		05/15/67		308,164
	200,000		TransCanada PipeLines Ltd		3.750		10/16/23		194,932
	200,000		TransCanada PipeLines Ltd		5.000		10/16/43		197,089
	200,000		Transocean, Inc		2.500		10/15/17		202,119
	443,000		Transocean, Inc		6.000		03/15/18		496,801
	700,000		Transocean, Inc		6.500		11/15/20		799,358
	350,000		Transocean, Inc		6.375		12/15/21		393,300
	550,000		Transocean, Inc		3.800		10/15/22		521,304
	200,000		Transocean, Inc		6.800		03/15/38		222,603
	165,000		Vale Overseas Ltd		6.250		01/23/17		183,008
	1,045,000		Vale Overseas Ltd		4.625		09/15/20		1,070,290
	1,242,000		Vale Overseas Ltd		4.375		01/11/22		1,206,719
	150,000		Vale Overseas Ltd		8.250		01/17/34		172,792
	864,000		Vale Overseas Ltd		6.875		11/21/36		892,299
	680,000		Valero Energy Corp		6.125		02/01/20		776,712
	330,000		Valero Energy Corp		7.500		04/15/32		401,354
	500,000		Valero Energy Corp		6.625		06/15/37		570,367
	840,000		Weatherford Bermuda Holdings Ltd		5.125		09/15/20		902,377
	60,000		Weatherford Bermuda Holdings Ltd		6.750		09/15/40		64,893
	350,000		Weatherford International Ltd		9.625		03/01/19		449,702
	200,000		Weatherford International Ltd		4.500		04/15/22		201,260
	500,000		Weatherford International Ltd		5.950		04/15/42		500,970
	300,000		XTO Energy, Inc		6.250		08/01/17		346,208
			TOTAL ENERGY						114,379,492

49

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
FOOD & STAPLES RETAILING - 0.2%
$	550,000	CVS Caremark Corp		3.250	%	05/18/15	$	568,511
	200,000	CVS Caremark Corp		1.200		12/05/16		200,203
	110,000	CVS Caremark Corp		5.750		06/01/17		124,752
	300,000	CVS Caremark Corp		2.250		12/05/18		299,912
	185,000	CVS Caremark Corp		4.750		05/18/20		202,128
	500,000	CVS Caremark Corp		4.125		05/15/21		518,286
	500,000	CVS Caremark Corp		2.750		12/01/22		461,487
	250,000	CVS Caremark Corp		4.000		12/05/23		249,471
	650,000	CVS Caremark Corp		6.125		09/15/39		737,177
	400,000	CVS Caremark Corp		5.300		12/05/43		413,665
	105,000	Delhaize Group S.A.		6.500		06/15/17		117,925
	100,000	Delhaize Group S.A.		4.125		04/10/19		102,804
	235,000	Delhaize Group S.A.		5.700		10/01/40		222,806
	300,000	Kroger Co		6.400		08/15/17		343,721
	55,000	Kroger Co		6.800		12/15/18		65,533
	445,000	Kroger Co		6.150		01/15/20		507,185
	200,000	Kroger Co		3.400		04/15/22		193,996
	200,000	Kroger Co		3.850		08/01/23		196,911
	100,000	Kroger Co		6.900		04/15/38		116,469
	250,000	Kroger Co		5.000		04/15/42		238,528
	300,000	Kroger Co		5.150		08/01/43		292,651
	239,000	Safeway, Inc		6.350		08/15/17		267,404
	25,000	Safeway, Inc		5.000		08/15/19		26,587
	240,000	Safeway, Inc		3.950		08/15/20		239,912
	150,000	Safeway, Inc		4.750		12/01/21		150,625
	50,000	Starbucks Corp		6.250		08/15/17		58,260
	200,000	Starbucks Corp		2.000		12/05/18		198,270
	350,000	Starbucks Corp		3.850		10/01/23		352,044
	200,000	SYSCO Corp		5.250		02/12/18		223,948
	250,000	SYSCO Corp		2.600		06/12/22		227,897
	100,000	SYSCO Corp		5.375		09/21/35		104,995
	450,000	Walgreen Co		1.000		03/13/15		451,850
	200,000	Walgreen Co		1.800		09/15/17		201,386
	100,000	Walgreen Co		5.250		01/15/19		111,795
	200,000	Walgreen Co		3.100		09/15/22		187,498
	200,000	Walgreen Co		4.400		09/15/42		177,769
		TOTAL FOOD & STAPLES RETAILING						9,154,361
FOOD, BEVERAGE & TOBACCO - 1.1%
	50,000	Altria Group, Inc		4.125		09/11/15		52,762
	56,000	Altria Group, Inc		9.700		11/10/18		73,606
	228,000	Altria Group, Inc		9.250		08/06/19		300,346
	1,800,000	Altria Group, Inc		4.750		05/05/21		1,931,690
	800,000	Altria Group, Inc		2.850		08/09/22		736,577
	200,000	Altria Group, Inc		2.950		05/02/23		181,644
	300,000	Altria Group, Inc		4.000		01/31/24		293,224
	50,000	Altria Group, Inc		10.200		02/06/39		78,011
	300,000	Altria Group, Inc		4.250		08/09/42		256,026
	300,000	Altria Group, Inc		4.500		05/02/43		265,074
	300,000	Altria Group, Inc		5.375		01/31/44		301,242

50

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	316,000	Anheuser-Busch Cos, Inc		5.500	%	01/15/18	$	359,227
	300,000	Anheuser-Busch InBev Finance, Inc		0.800		01/15/16		299,792
	300,000	Anheuser-Busch InBev Finance, Inc		1.250		01/17/18		293,529
	500,000	Anheuser-Busch InBev Finance, Inc		2.625		01/17/23		459,173
	400,000	Anheuser-Busch InBev Finance, Inc		4.000		01/17/43		355,595
	500,000	Anheuser-Busch InBev Worldwide, Inc		0.800		07/15/15		502,488
	950,000	Anheuser-Busch InBev Worldwide, Inc		2.875		02/15/16		988,950
	175,000	Anheuser-Busch InBev Worldwide, Inc		1.375		07/15/17		174,632
	800,000	Anheuser-Busch InBev Worldwide, Inc		5.375		01/15/20		918,126
	1,390,000	Anheuser-Busch InBev Worldwide, Inc		5.000		04/15/20		1,573,077
	2,150,000	Anheuser-Busch InBev Worldwide, Inc		2.500		07/15/22		1,988,681
	485,000	Anheuser-Busch InBev Worldwide, Inc		6.375		01/15/40		591,640
	100,000	Anheuser-Busch InBev Worldwide, Inc		3.750		07/15/42		84,809
	100,000	Archer-Daniels-Midland Co		5.450		03/15/18		113,026
	740,000	Archer-Daniels-Midland Co		4.016		04/16/43		629,127
	200,000	Beam, Inc		1.750		06/15/18		194,906
	200,000	Beam, Inc		3.250		05/15/22		191,677
	200,000	Beam, Inc		3.250		06/15/23		187,451
	450,000	Bottling Group LLC		5.125		01/15/19		508,125
	200,000	Brown-Forman Corp		1.000		01/15/18		192,845
	200,000	Brown-Forman Corp		2.250		01/15/23		177,109
	400,000	Bunge Ltd		4.100		03/15/16		422,376
	100,000	Bunge Ltd		3.200		06/15/17		102,847
	100,000	Bunge Ltd		8.500		06/15/19		122,848
	325,000	Campbell Soup Co		3.050		07/15/17		339,003
	100,000	Campbell Soup Co		4.250		04/15/21		101,841
	150,000	Campbell Soup Co		2.500		08/02/22		132,325
	150,000	Campbell Soup Co		3.800		08/02/42		116,423
	400,000	Coca-Cola Co		1.150		04/01/18		388,597
	300,000	Coca-Cola Co		2.500		04/01/23		275,223
	325,000	Coca-Cola Co		1.500		11/15/15		331,129
	1,835,000	Coca-Cola Co		1.800		09/01/16		1,879,079
	300,000	Coca-Cola Co		0.750		11/01/16		298,375
	500,000	Coca-Cola Co		1.650		03/14/18		496,053
	300,000	Coca-Cola Co		1.650		11/01/18		296,059
	300,000	Coca-Cola Co		2.450		11/01/20		291,394
	410,000	Coca-Cola Co		3.150		11/15/20		415,928
	300,000	Coca-Cola Co		3.200		11/01/23		288,546
	150,000	Coca-Cola Enterprises, Inc		2.125		09/15/15		152,903
	100,000	Coca-Cola Enterprises, Inc		3.500		09/15/20		99,962
	100,000	Coca-Cola Enterprises, Inc		3.250		08/19/21		95,707
	200,000	Coca-Cola Femsa SAB de C.V.		2.375		11/26/18		198,522
	100,000	Coca-Cola Femsa SAB de C.V.		4.625		02/15/20		105,500
	200,000	Coca-Cola Femsa SAB de C.V.		3.875		11/26/23		197,231
	200,000	Coca-Cola Femsa SAB de C.V.		5.250		11/26/43		204,725
	100,000	Coca-Cola HBC Finance BV		5.500		09/17/15		106,825
	300,000	ConAgra Foods, Inc		1.900		01/25/18		294,500
	200,000	ConAgra Foods, Inc		2.100		03/15/18		197,802
	325,000	ConAgra Foods, Inc		7.000		04/15/19		385,161
	200,000	ConAgra Foods, Inc		3.250		09/15/22		187,577
	125,000	ConAgra Foods, Inc		3.200		01/25/23		116,054
	100,000	ConAgra Foods, Inc		7.000		10/01/28		117,392

51

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	100,000	ConAgra Foods, Inc		6.625	%	08/15/39	$	113,479
	450,000	ConAgra Foods, Inc		4.650		01/25/43		413,419
	100,000	Corn Products International, Inc		4.625		11/01/20		104,269
	350,000	Diageo Capital plc		5.500		09/30/16		391,629
	1,000,000	Diageo Capital plc		1.500		05/11/17		997,841
	325,000	Diageo Capital plc		5.750		10/23/17		370,895
	500,000	Diageo Capital plc		1.125		04/29/18		482,046
	200,000	Diageo Capital plc		5.875		09/30/36		229,699
	400,000	Diageo Capital plc		3.875		04/29/43		344,055
	100,000	Dr Pepper Snapple Group, Inc		2.900		01/15/16		103,785
	350,000	Dr Pepper Snapple Group, Inc		2.600		01/15/19		351,873
	150,000	Dr Pepper Snapple Group, Inc		2.000		01/15/20		141,334
	150,000	Dr Pepper Snapple Group, Inc		2.700		11/15/22		136,551
	150,000	Flowers Foods, Inc		4.375		04/01/22		147,740
	200,000	Fomento Economico Mexicano SAB de C.V.		2.875		05/10/23		176,732
	300,000	Fomento Economico Mexicano SAB de C.V.		4.375		05/10/43		247,519
	342,000	Fortune Brands, Inc		5.375		01/15/16		370,131
	725,000	General Mills, Inc		5.200		03/17/15		764,417
	100,000	General Mills, Inc		0.875		01/29/16		99,715
	210,000	General Mills, Inc		5.650		02/15/19		243,923
	200,000	General Mills, Inc		3.150		12/15/21		195,778
	150,000	General Mills, Inc		5.400		06/15/40		158,862
	100,000	General Mills, Inc		4.150		02/15/43		88,500
	100,000	Hershey Co		1.500		11/01/16		100,874
	150,000	Hershey Co		4.125		12/01/20		160,403
	400,000	Hershey Co		2.625		05/01/23		367,649
	250,000	Ingredion, Inc		1.800		09/25/17		243,664
	100,000	JM Smucker Co		3.500		10/15/21		99,284
	200,000	Kellogg Co		1.125		05/15/15		201,362
	100,000	Kellogg Co		1.875		11/17/16		101,716
	200,000	Kellogg Co		1.750		05/17/17		199,763
	600,000	Kellogg Co		4.000		12/15/20		622,645
	300,000	Kellogg Co		3.125		05/17/22		284,432
	200,000	Kellogg Co		2.750		03/01/23		180,463
	100,000	Kellogg Co		7.450		04/01/31		126,134
	100,000	Kraft Foods Group, Inc		1.625		06/04/15		101,270
	600,000	Kraft Foods Group, Inc		2.250		06/05/17		607,544
	1,525,000	Kraft Foods Group, Inc		3.500		06/06/22		1,486,256
	300,000	Kraft Foods Group, Inc		6.500		02/09/40		349,860
	400,000	Kraft Foods Group, Inc		5.000		06/04/42		394,317
	1,145,000	Kraft Foods, Inc		6.500		02/09/40		1,368,276
	200,000	Lorillard Tobacco Co		3.500		08/04/16		210,449
	300,000	Lorillard Tobacco Co		2.300		08/21/17		300,662
	270,000	Lorillard Tobacco Co		6.875		05/01/20		311,600
	350,000	Lorillard Tobacco Co		3.750		05/20/23		318,629
	200,000	McCormick & Co, Inc		3.500		09/01/23		195,403
	150,000	Molson Coors Brewing Co		3.500		05/01/22		147,273
	300,000	Molson Coors Brewing Co		5.000		05/01/42		293,534
	45,000	PepsiAmericas, Inc		4.375		02/15/14		45,206
	300,000	PepsiCo, Inc		0.700		02/26/16		298,444
	850,000	PepsiCo, Inc		2.500		05/10/16		881,900
	250,000	PepsiCo, Inc		1.250		08/13/17		247,322

52

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	840,000	PepsiCo, Inc		7.900	%	11/01/18	$	1,049,983
	400,000	PepsiCo, Inc		2.250		01/07/19		401,190
	100,000	PepsiCo, Inc		4.500		01/15/20		108,764
	400,000	PepsiCo, Inc		3.125		11/01/20		400,459
	200,000	PepsiCo, Inc		3.000		08/25/21		197,225
	400,000	PepsiCo, Inc		2.750		03/05/22		380,039
	500,000	PepsiCo, Inc		2.750		03/01/23		462,781
	310,000	PepsiCo, Inc		4.875		11/01/40		309,985
	400,000	PepsiCo, Inc		4.000		03/05/42		348,332
	200,000	PepsiCo, Inc		3.600		08/13/42		164,621
	500,000	Philip Morris International, Inc		1.125		08/21/17		490,150
	1,300,000	Philip Morris International, Inc		5.650		05/16/18		1,493,079
	300,000	Philip Morris International, Inc		1.875		01/15/19		293,176
	200,000	Philip Morris International, Inc		2.900		11/15/21		190,931
	200,000	Philip Morris International, Inc		2.500		08/22/22		182,312
	500,000	Philip Morris International, Inc		2.625		03/06/23		452,809
	300,000	Philip Morris International, Inc		3.600		11/15/23		290,385
	240,000	Philip Morris International, Inc		6.375		05/16/38		284,468
	150,000	Philip Morris International, Inc		4.375		11/15/41		136,714
	200,000	Philip Morris International, Inc		4.500		03/20/42		186,816
	150,000	Philip Morris International, Inc		3.875		08/21/42		126,974
	300,000	Philip Morris International, Inc		4.125		03/04/43		262,626
	200,000	Philip Morris International, Inc		4.875		11/15/43		198,126
	400,000	Reynolds American, Inc		1.050		10/30/15		401,272
	50,000	Reynolds American, Inc		6.750		06/15/17		57,233
	200,000	Reynolds American, Inc		7.750		06/01/18		240,841
	400,000	Reynolds American, Inc		3.250		11/01/22		368,686
	200,000	Reynolds American, Inc		4.850		09/15/23		206,461
	65,000	Reynolds American, Inc		7.250		06/15/37		76,113
	400,000	Reynolds American, Inc		4.750		11/01/42		355,528
	200,000	Reynolds American, Inc		6.150		09/15/43		215,971
	133,000	Sara Lee Corp		4.100		09/15/20		136,080
	400,000	Tyson Foods, Inc		4.500		06/15/22		407,266
		TOTAL FOOD, BEVERAGE & TOBACCO						51,810,016
HEALTH CARE EQUIPMENT & SERVICES - 0.5%
	100,000	Allergan, Inc		5.750		04/01/16		110,622
	200,000	Allergan, Inc		1.350		03/15/18		194,896
	250,000	Allergan, Inc		3.375		09/15/20		255,709
	200,000	Allergan, Inc		2.800		03/15/23		184,945
	200,000	AmerisourceBergen Corp		5.875		09/15/15		216,874
	100,000	AmerisourceBergen Corp		3.500		11/15/21		98,269
	200,000	Ascension Health, Inc		4.847		11/15/53		193,563
	200,000	Baxter International, Inc		4.625		03/15/15		209,649
	300,000	Baxter International, Inc		0.950		06/01/16		299,968
	200,000	Baxter International, Inc		5.900		09/01/16		225,361
	300,000	Baxter International, Inc		1.850		06/15/18		296,248
	420,000	Baxter International, Inc		4.500		08/15/19		460,150
	300,000	Baxter International, Inc		3.200		06/15/23		286,605
	116,000	Baxter International, Inc		6.250		12/01/37		137,636
	150,000	Baxter International, Inc		3.650		08/15/42		124,427
	300,000	Baxter International, Inc		4.500		06/15/43		290,250

53

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	25,000		Becton Dickinson & Co		5.000	%	05/15/19	$	28,032
	150,000		Becton Dickinson & Co		3.250		11/12/20		149,760
	850,000		Becton Dickinson & Co		3.125		11/08/21		823,959
	100,000		Bio-Rad Laboratories, Inc		4.875		12/15/20		101,881
	300,000		Boston Scientific Corp		6.400		06/15/16		334,578
	150,000		Boston Scientific Corp		2.650		10/01/18		151,020
	650,000		Boston Scientific Corp		6.000		01/15/20		746,220
	150,000		Boston Scientific Corp		4.125		10/01/23		148,786
	200,000		Cardinal Health, Inc		4.000		06/15/15		209,315
	200,000		Cardinal Health, Inc		1.700		03/15/18		195,722
	100,000		Cardinal Health, Inc		4.625		12/15/20		107,937
	100,000		Cardinal Health, Inc		3.200		06/15/22		95,030
	200,000		Cardinal Health, Inc		3.200		03/15/23		187,252
	100,000		Cardinal Health, Inc		4.600		03/15/43		93,378
	100,000		CareFusion Corp		5.125		08/01/14		102,527
	100,000		CareFusion Corp		6.375		08/01/19		113,172
	200,000	g	CareFusion Corp		3.300		03/01/23		182,760
	100,000		Coventry Health Care, Inc		6.300		08/15/14		103,513
	100,000		Coventry Health Care, Inc		5.450		06/15/21		111,263
	450,000		Covidien International Finance S.A.		6.000		10/15/17		515,503
	650,000		Covidien International Finance S.A.		3.200		06/15/22		626,786
	500,000		Covidien International Finance S.A.		2.950		06/15/23		462,532
	100,000		Covidien International Finance S.A.		6.550		10/15/37		122,775
	225,000		CR Bard, Inc		1.375		01/15/18		217,059
	100,000		CR Bard, Inc		4.400		01/15/21		104,389
	100,000		DENTSPLY International, Inc		4.125		08/15/21		100,121
	100,000		Edwards Lifesciences Corp		2.875		10/15/18		99,416
	900,000		Express Scripts Holding Co		2.750		11/21/14		917,357
	150,000		Express Scripts Holding Co		3.500		11/15/16		158,582
	300,000		Express Scripts Holding Co		2.650		02/15/17		309,203
	250,000		Express Scripts Holding Co		4.750		11/15/21		264,166
	525,000		Express Scripts Holding Co		3.900		02/15/22		525,499
	450,000		Express Scripts Holding Co		6.125		11/15/41		506,205
	300,000		Express Scripts, Inc		3.125		05/15/16		313,114
	100,000		Kaiser Foundation Hospitals		3.500		04/01/22		94,786
	100,000		Kaiser Foundation Hospitals		4.875		04/01/42		94,574
	200,000		Laboratory Corp of America Holdings		3.125		05/15/16		208,170
	100,000		Laboratory Corp of America Holdings		2.200		08/23/17		100,326
	250,000		Laboratory Corp of America Holdings		2.500		11/01/18		246,562
	200,000		Laboratory Corp of America Holdings		3.750		08/23/22		193,728
	200,000		Laboratory Corp of America Holdings		4.000		11/01/23		192,183
	200,000		Mayo Clinic Rochester		4.000		11/15/47		162,954
	100,000		McKesson Corp		0.950		12/04/15		99,936
	430,000		McKesson Corp		3.250		03/01/16		448,140
	25,000		McKesson Corp		5.700		03/01/17		27,871
	200,000		McKesson Corp		1.400		03/15/18		192,161
	180,000		McKesson Corp		4.750		03/01/21		190,673
	100,000		McKesson Corp		2.700		12/15/22		89,558
	200,000		McKesson Corp		2.850		03/15/23		180,910
	100,000		McKesson Corp		6.000		03/01/41		112,113
	250,000		Medco Health Solutions, Inc		2.750		09/15/15		258,068
	250,000		Medco Health Solutions, Inc		7.125		03/15/18		297,067

54

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	205,000	Medtronic, Inc		4.750	%	09/15/15	$	219,533
	250,000	Medtronic, Inc		1.375		04/01/18		245,412
	200,000	Medtronic, Inc		5.600		03/15/19		231,251
	1,305,000	Medtronic, Inc		4.450		03/15/20		1,430,173
	250,000	Medtronic, Inc		2.750		04/01/23		231,248
	200,000	Medtronic, Inc		4.500		03/15/42		189,441
	150,000	Medtronic, Inc		4.000		04/01/43		132,203
	350,000	NYU Hospitals Center		5.750		07/01/43		354,146
	150,000	PerkinElmer, Inc		5.000		11/15/21		151,363
	235,000	Quest Diagnostics, Inc		6.400		07/01/17		267,207
	450,000	St. Jude Medical, Inc		2.500		01/15/16		461,583
	200,000	St. Jude Medical, Inc		3.250		04/15/23		186,597
	200,000	St. Jude Medical, Inc		4.750		04/15/43		189,550
	150,000	Stryker Corp		3.000		01/15/15		153,964
	150,000	Stryker Corp		2.000		09/30/16		154,110
	200,000	Stryker Corp		1.300		04/01/18		194,280
	90,000	Stryker Corp		4.375		01/15/20		97,269
	200,000	Stryker Corp		4.100		04/01/43		177,107
	165,000	Thermo Fisher Scientific, Inc		5.000		06/01/15		174,742
	550,000	Thermo Fisher Scientific, Inc		2.250		08/15/16		562,473
	175,000	Thermo Fisher Scientific, Inc		1.300		02/01/17		174,240
	350,000	Thermo Fisher Scientific, Inc		1.850		01/15/18		348,161
	100,000	Thermo Fisher Scientific, Inc		2.400		02/01/19		99,069
	455,000	Thermo Fisher Scientific, Inc		4.700		05/01/20		493,640
	250,000	Thermo Fisher Scientific, Inc		3.150		01/15/23		232,653
	100,000	Thermo Fisher Scientific, Inc		4.150		02/01/24		99,050
	200,000	Thermo Fisher Scientific, Inc		5.300		02/01/44		202,235
	100,000	Zimmer Holdings, Inc		1.400		11/30/14		100,647
	150,000	Zimmer Holdings, Inc		3.375		11/30/21		143,637
	106,000	Zimmer Holdings, Inc		5.750		11/30/39		116,899
		TOTAL HEALTH CARE EQUIPMENT & SERVICES						23,817,647
HOUSEHOLD & PERSONAL PRODUCTS - 0.2%
	100,000	Avon Products, Inc		2.375		03/15/16		100,663
	100,000	Avon Products, Inc		6.500		03/01/19		109,179
	150,000	Avon Products, Inc		4.600		03/15/20		148,746
	150,000	Avon Products, Inc		5.000		03/15/23		145,833
	100,000	Avon Products, Inc		6.950		03/15/43		96,424
	25,000	Clorox Co		5.000		01/15/15		26,133
	350,000	Clorox Co		3.550		11/01/15		367,533
	100,000	Clorox Co		3.800		11/15/21		100,635
	100,000	Clorox Co		3.050		09/15/22		93,736
	400,000	Colgate-Palmolive Co		1.300		01/15/17		399,216
	300,000	Colgate-Palmolive Co		0.900		05/01/18		286,550
	200,000	Colgate-Palmolive Co		2.300		05/03/22		183,382
	200,000	Colgate-Palmolive Co		1.950		02/01/23		173,844
	60,000	Colgate-Palmolive Co		6.450		06/16/28		72,648
	150,000	Ecolab, Inc		2.375		12/08/14		152,349
	300,000	Ecolab, Inc		1.000		08/09/15		300,933
	100,000	Ecolab, Inc		3.000		12/08/16		104,771
	250,000	Ecolab, Inc		1.450		12/08/17		244,305
	350,000	Ecolab, Inc		4.350		12/08/21		362,926

55

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	100,000		Ecolab, Inc		5.500	%	12/08/41	$	107,087
	200,000		Estee Lauder Cos, Inc		2.350		08/15/22		180,842
	100,000		Estee Lauder Cos, Inc		6.000		05/15/37		113,015
	400,000		Procter & Gamble Co		0.750		11/04/16		398,273
	400,000		Procter & Gamble Co		1.600		11/15/18		393,780
	1,825,000		Procter & Gamble Co		4.700		02/15/19		2,038,410
	800,000		Procter & Gamble Co		2.300		02/06/22		749,794
	300,000		Procter & Gamble Co		3.100		08/15/23		288,464
	225,000		Procter & Gamble Co		5.550		03/05/37		257,180
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						7,996,651
INSURANCE - 1.1%
	85,000		ACE INA Holdings, Inc		5.875		06/15/14		87,081
	200,000		ACE INA Holdings, Inc		5.600		05/15/15		213,322
	100,000		ACE INA Holdings, Inc		2.600		11/23/15		103,456
	25,000		ACE INA Holdings, Inc		5.800		03/15/18		28,476
	500,000		ACE INA Holdings, Inc		5.900		06/15/19		583,716
	250,000		ACE INA Holdings, Inc		2.700		03/13/23		229,081
	150,000		ACE INA Holdings, Inc		4.150		03/13/43		135,969
	400,000		Aegon NV		4.625		12/01/15		426,717
	125,000		Aetna, Inc		1.500		11/15/17		123,162
	200,000		Aetna, Inc		6.500		09/15/18		235,587
	250,000		Aetna, Inc		3.950		09/01/20		261,372
	500,000		Aetna, Inc		2.750		11/15/22		460,576
	240,000		Aetna, Inc		6.625		06/15/36		286,963
	350,000		Aetna, Inc		4.500		05/15/42		325,362
	500,000		Aetna, Inc		4.125		11/15/42		437,312
	200,000		Aflac, Inc		8.500		05/15/19		255,440
	300,000		Aflac, Inc		4.000		02/15/22		301,940
	300,000		Aflac, Inc		3.625		06/15/23		290,393
	125,000		Aflac, Inc		6.900		12/17/39		153,741
	300,000		Alleghany Corp		4.950		06/27/22		311,451
	1,250,000		Allstate Corp		3.150		06/15/23		1,185,430
	100,000		Allstate Corp		4.500		06/15/43		94,617
	200,000	i	Allstate Corp		5.750		08/15/53		201,500
	100,000		American Financial Group, Inc		9.875		06/15/19		129,157
	700,000		American International Group, Inc		3.800		03/22/17		747,529
	1,350,000		American International Group, Inc		8.250		08/15/18		1,688,688
	750,000		American International Group, Inc		3.375		08/15/20		754,362
	900,000		American International Group, Inc		6.400		12/15/20		1,063,675
	900,000		American International Group, Inc		4.875		06/01/22		967,341
	300,000		American International Group, Inc		4.125		02/15/24		298,261
	800,000		American International Group, Inc		6.250		05/01/36		927,026
	328,000		American International Group, Inc		6.820		11/15/37		394,800
	200,000		Aon Corp		3.125		05/27/16		208,574
	50,000		Aon Corp		5.000		09/30/20		54,921
	200,000		Aon Corp		6.250		09/30/40		228,708
	200,000		Aon plc		4.000		11/27/23		196,212
	100,000		Aon plc		4.250		12/12/42		85,798
	200,000		Aon plc		4.450		05/24/43		177,665
	300,000		Arch Capital Group US, Inc		5.144		11/01/43		299,968
	200,000		Aspen Insurance Holdings Ltd		4.650		11/15/23		197,563

56

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	100,000		Assurant, Inc		2.500	%	03/15/18	$	97,705
	100,000		Assurant, Inc		4.000		03/15/23		96,220
	100,000		Assurant, Inc		6.750		02/15/34		106,924
	270,000		AXA S.A.		8.600		12/15/30		332,438
	50,000		Axis Specialty Finance		5.875		06/01/20		54,850
	333,000		Berkshire Hathaway Finance Corp		4.850		01/15/15		348,557
	300,000		Berkshire Hathaway Finance Corp		2.450		12/15/15		310,898
	300,000		Berkshire Hathaway Finance Corp		1.600		05/15/17		302,893
	225,000		Berkshire Hathaway Finance Corp		1.300		05/15/18		219,866
	750,000		Berkshire Hathaway Finance Corp		5.400		05/15/18		862,672
	300,000		Berkshire Hathaway Finance Corp		2.000		08/15/18		300,180
	200,000		Berkshire Hathaway Finance Corp		2.900		10/15/20		198,338
	400,000		Berkshire Hathaway Finance Corp		3.000		05/15/22		383,462
	300,000		Berkshire Hathaway Finance Corp		4.400		05/15/42		274,343
	100,000		Berkshire Hathaway Finance Corp		4.300		05/15/43		90,061
	700,000		Berkshire Hathaway, Inc		1.900		01/31/17		716,111
	400,000		Berkshire Hathaway, Inc		1.550		02/09/18		395,498
	200,000		Boardwalk Pipelines LP		3.375		02/01/23		179,827
	40,000		Chubb Corp		5.750		05/15/18		45,977
	350,000		Chubb Corp		6.000		05/11/37		408,854
	300,000	i	Chubb Corp		6.375		03/29/67		324,750
	200,000		Cigna Corp		5.375		02/15/42		207,940
	540,000		CIGNA Corp		5.125		06/15/20		598,939
	400,000		CIGNA Corp		4.500		03/15/21		425,094
	200,000		Cincinnati Financial Corp		6.920		05/15/28		234,367
	200,000		CNA Financial Corp		5.850		12/15/14		209,477
	40,000		CNA Financial Corp		6.500		08/15/16		44,986
	500,000		CNA Financial Corp		5.750		08/15/21		560,223
	250,000		Fidelity National Financial, Inc		5.500		09/01/22		259,291
	100,000		First American Financial Corp		4.300		02/01/23		95,249
	260,000		Genworth Financial, Inc		7.200		02/15/21		301,916
	300,000		Genworth Financial, Inc		7.625		09/24/21		356,998
	100,000		Genworth Holdings, Inc		4.900		08/15/23		99,950
	300,000		Genworth Holdings, Inc		4.800		02/15/24		296,328
	250,000		Hartford Financial Services Group, Inc		5.125		04/15/22		272,303
	321,000		Hartford Financial Services Group, Inc		6.625		03/30/40		387,908
	750,000		Hartford Financial Services Group, Inc		4.300		04/15/43		659,755
	300,000		Humana, Inc		6.450		06/01/16		335,225
	100,000		Humana, Inc		3.150		12/01/22		92,571
	100,000		Humana, Inc		8.150		06/15/38		132,183
	200,000		Humana, Inc		4.625		12/01/42		180,273
	100,000		Infinity Property & Casualty Corp		5.000		09/19/22		100,092
	300,000		ING US, Inc		2.900		02/15/18		306,836
	150,000		ING US, Inc		5.500		07/15/22		163,124
	200,000		ING US, Inc		5.700		07/15/43		208,959
	400,000		Leucadia National Corp		5.500		10/18/23		399,767
	300,000		Lincoln National Corp		4.300		06/15/15		314,509
	200,000		Lincoln National Corp		8.750		07/01/19		257,431
	400,000		Lincoln National Corp		4.200		03/15/22		407,608
	525,000		Lincoln National Corp		4.000		09/01/23		518,107
	30,000		Lincoln National Corp		6.150		04/07/36		33,966
	150,000		Lincoln National Corp		7.000		06/15/40		187,931

57

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	100,000		Loews Corp		5.250	%	03/15/16	$	109,007
	200,000		Loews Corp		2.625		05/15/23		179,185
	200,000		Loews Corp		4.125		05/15/43		170,336
	100,000		Manulife Financial Corp		3.400		09/17/15		104,093
	100,000		Manulife Financial Corp		4.900		09/17/20		107,335
	100,000		Markel Corp		7.125		09/30/19		119,067
	150,000		Markel Corp		4.900		07/01/22		156,285
	100,000		Markel Corp		3.625		03/30/23		94,120
	100,000		Markel Corp		5.000		03/30/43		93,519
	200,000		Marsh & McLennan Cos, Inc		5.375		07/15/14		204,817
	150,000		Marsh & McLennan Cos, Inc		2.300		04/01/17		151,067
	100,000		Marsh & McLennan Cos, Inc		2.550		10/15/18		100,147
	125,000		Marsh & McLennan Cos, Inc		9.250		04/15/19		161,933
	150,000		Marsh & McLennan Cos, Inc		4.800		07/15/21		159,905
	200,000		Marsh & McLennan Cos, Inc		4.050		10/15/23		197,034
	200,000		Memorial Sloan-Kettering Cancer Center		4.125		07/01/52		164,530
	280,000		MetLife, Inc		5.000		06/15/15		297,196
	575,000		MetLife, Inc		6.750		06/01/16		653,793
	175,000		MetLife, Inc		1.756		12/15/17		173,144
	1,050,000		MetLife, Inc		4.750		02/08/21		1,134,852
	700,000		MetLife, Inc		3.048		12/15/22		652,803
	325,000		MetLife, Inc		4.368		09/15/23		331,788
	50,000		MetLife, Inc		6.375		06/15/34		59,133
	405,000		MetLife, Inc		5.700		06/15/35		442,318
	130,000		MetLife, Inc		5.875		02/06/41		145,216
	200,000		MetLife, Inc		4.125		08/13/42		173,925
	600,000		MetLife, Inc		4.875		11/13/43		588,864
	200,000		Montpelier Re Holdings Ltd		4.700		10/15/22		196,239
	20,000		Nationwide Financial Services		6.750		05/15/37		19,800
	200,000		Navigators Group, Inc		5.750		10/15/23		210,275
	500,000		OneBeacon US Holdings, Inc		4.600		11/09/22		490,565
	100,000		PartnerRe Ltd		5.500		06/01/20		108,487
	100,000	g	Primerica, Inc		4.750		07/15/22		102,999
	100,000		Principal Financial Group, Inc		1.850		11/15/17		99,096
	130,000		Principal Financial Group, Inc		8.875		05/15/19		166,209
	100,000		Principal Financial Group, Inc		3.300		09/15/22		95,209
	150,000		Principal Financial Group, Inc		3.125		05/15/23		139,205
	100,000		Principal Financial Group, Inc		6.050		10/15/36		113,511
	100,000		Principal Financial Group, Inc		4.625		09/15/42		93,950
	200,000		Principal Financial Group, Inc		4.350		05/15/43		179,382
	120,000		Progressive Corp		6.250		12/01/32		140,721
	300,000	i	Progressive Corp		6.700		06/15/37		324,000
	100,000		Protective Life Corp		7.375		10/15/19		121,959
	295,000		Prudential Financial, Inc		5.100		09/20/14		304,422
	200,000		Prudential Financial, Inc		4.750		09/17/15		213,128
	300,000		Prudential Financial, Inc		3.000		05/12/16		312,413
	60,000		Prudential Financial, Inc		6.100		06/15/17		68,298
	100,000		Prudential Financial, Inc		2.300		08/15/18		99,408
	1,020,000		Prudential Financial, Inc		7.375		06/15/19		1,252,241
	300,000		Prudential Financial, Inc		4.500		11/16/21		319,285
	400,000		Prudential Financial, Inc		5.750		07/15/33		429,595
	450,000		Prudential Financial, Inc		6.200		11/15/40		516,516

58

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	125,000	i	Prudential Financial, Inc		5.875	%	09/15/42	$	127,031
	500,000	i	Prudential Financial, Inc		5.625		06/15/43		490,000
	150,000		Prudential Financial, Inc		5.100		08/15/43		148,973
	100,000	i	Prudential Financial, Inc		5.200		03/15/44		96,750
	150,000		Reinsurance Group of America, Inc		5.625		03/15/17		165,363
	100,000		Reinsurance Group of America, Inc		5.000		06/01/21		104,944
	250,000		Reinsurance Group of America, Inc		4.700		09/15/23		252,789
	100,000		StanCorp Financial Group, Inc		5.000		08/15/22		98,240
	250,000		Torchmark Corp		3.800		09/15/22		242,661
	100,000		Transatlantic Holdings, Inc		5.750		12/14/15		108,399
	20,000		Transatlantic Holdings, Inc		8.000		11/30/39		24,869
	610,000		Travelers Cos, Inc		5.800		05/15/18		702,690
	130,000		Travelers Cos, Inc		5.900		06/02/19		152,204
	600,000		Travelers Cos, Inc		5.350		11/01/40		647,085
	200,000		Travelers Cos, Inc		4.600		08/01/43		195,412
	100,000		Travelers Property Casualty Corp		6.375		03/15/33		120,384
	100,000		UnitedHealth Group, Inc		5.375		03/15/16		109,462
	325,000		UnitedHealth Group, Inc		1.400		10/15/17		320,897
	324,000		UnitedHealth Group, Inc		6.000		02/15/18		374,322
	300,000		UnitedHealth Group, Inc		1.625		03/15/19		288,892
	700,000		UnitedHealth Group, Inc		4.700		02/15/21		763,736
	325,000		UnitedHealth Group, Inc		2.750		02/15/23		297,588
	200,000		UnitedHealth Group, Inc		2.875		03/15/23		186,101
	365,000		UnitedHealth Group, Inc		6.625		11/15/37		441,597
	250,000		UnitedHealth Group, Inc		6.875		02/15/38		311,369
	150,000		UnitedHealth Group, Inc		4.625		11/15/41		141,693
	300,000		UnitedHealth Group, Inc		4.375		03/15/42		274,127
	350,000		UnitedHealth Group, Inc		3.950		10/15/42		296,822
	200,000		UnitedHealth Group, Inc		4.250		03/15/43		179,486
	100,000		Unitrin, Inc		6.000		11/30/15		106,957
	110,000		Unum Group		5.625		09/15/20		120,576
	200,000		Verisk Analytics, Inc		5.800		05/01/21		215,988
	200,000		WellPoint, Inc		1.250		09/10/15		201,390
	200,000		WellPoint, Inc		1.875		01/15/18		197,762
	500,000		WellPoint, Inc		2.300		07/15/18		496,032
	150,000		WellPoint, Inc		3.700		08/15/21		149,446
	800,000		WellPoint, Inc		3.125		05/15/22		750,303
	200,000		WellPoint, Inc		3.300		01/15/23		186,643
	300,000		WellPoint, Inc		4.625		05/15/42		277,264
	200,000		WellPoint, Inc		4.650		01/15/43		185,160
	500,000		WellPoint, Inc		5.100		01/15/44		495,824
	200,000		Willis Group Holdings plc		5.750		03/15/21		215,142
	165,000		WR Berkley Corp		5.375		09/15/20		177,649
	250,000		WR Berkley Corp		4.625		03/15/22		252,865
	350,000		XL Capital Ltd		6.375		11/15/24		401,161
	100,000		XL Group PLC		5.250		09/15/14		103,070
	200,000		XLIT Ltd		2.300		12/15/18		196,438
	200,000		XLIT Ltd		5.250		12/15/43		201,340
			TOTAL INSURANCE						55,489,863
MATERIALS - 1.0%
	300,000		3M Co		1.375		09/29/16		304,463

59

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	3M Co		1.000	%	06/26/17	$	197,467
	200,000	3M Co		2.000		06/26/22		182,497
	190,000	3M Co		5.700		03/15/37		219,159
	100,000	Agrium, Inc		6.750		01/15/19		117,980
	150,000	Agrium, Inc		3.150		10/01/22		137,472
	200,000	Agrium, Inc		3.500		06/01/23		186,308
	100,000	Agrium, Inc		6.125		01/15/41		107,633
	200,000	Agrium, Inc		4.900		06/01/43		185,201
	200,000	Air Products & Chemicals, Inc		1.200		10/15/17		195,729
	150,000	Air Products & Chemicals, Inc		3.000		11/03/21		144,339
	150,000	Air Products & Chemicals, Inc		2.750		02/03/23		137,931
	180,000	Airgas, Inc		4.500		09/15/14		184,659
	200,000	Airgas, Inc		1.650		02/15/18		195,027
	250,000	Airgas, Inc		2.900		11/15/22		226,907
	100,000	Albemarle Corp		4.500		12/15/20		102,726
	200,000	Alcoa, Inc		5.550		02/01/17		215,272
	430,000	Alcoa, Inc		6.150		08/15/20		463,413
	550,000	Alcoa, Inc		5.400		04/15/21		561,707
	300,000	Alcoa, Inc		5.870		02/23/22		309,647
	250,000	Alcoa, Inc		5.950		02/01/37		231,007
	100,000	Allegheny Technologies, Inc		5.950		01/15/21		103,739
	300,000	Allegheny Technologies, Inc		5.875		08/15/23		302,980
	200,000	Avery Dennison Corp		3.350		04/15/23		182,327
	180,000	Barrick Australian Finance Pty Ltd		5.950		10/15/39		155,744
	350,000	Barrick Gold Corp		6.950		04/01/19		403,998
	250,000	Barrick Gold Corp		3.850		04/01/22		225,157
	225,000	Barrick Gold Corp		4.100		05/01/23		203,375
	250,000	Barrick Gold Corp		5.250		04/01/42		208,534
	1,500,000	Barrick North America Finance LLC		4.400		05/30/21		1,444,269
	300,000	Barrick North America Finance LLC		5.750		05/01/43		269,761
	110,000	Bemis Co, Inc		5.650		08/01/14		113,072
	100,000	Bemis Co, Inc		6.800		08/01/19		117,216
	200,000	Cabot Corp		3.700		07/15/22		190,733
	200,000	Carpenter Technology Corp		4.450		03/01/23		191,900
	220,000	Celulosa Arauco y Constitucion S.A.		5.625		04/20/15		231,511
	100,000	Celulosa Arauco y Constitucion S.A.		5.000		01/21/21		100,909
	100,000	Celulosa Arauco y Constitucion S.A.		4.750		01/11/22		97,424
	350,000	CF Industries, Inc		7.125		05/01/20		410,250
	200,000	CF Industries, Inc		3.450		06/01/23		182,645
	200,000	CF Industries, Inc		4.950		06/01/43		182,021
	250,000	Church & Dwight Co, Inc		2.875		10/01/22		231,409
	300,000	Cliffs Natural Resources, Inc		3.950		01/15/18		302,938
	50,000	Cliffs Natural Resources, Inc		4.800		10/01/20		49,696
	200,000	Cliffs Natural Resources, Inc		4.875		04/01/21		194,507
	150,000	Cliffs Natural Resources, Inc		6.250		10/01/40		127,787
	100,000	Corning, Inc		1.450		11/15/17		98,564
	225,000	Corning, Inc		4.250		08/15/20		239,731
	200,000	Corning, Inc		3.700		11/15/23		196,973
	100,000	Corning, Inc		5.750		08/15/40		108,407
	200,000	Corning, Inc		4.750		03/15/42		192,620
	150,000	Cytec Industries, Inc		3.500		04/01/23		137,833
	200,000	Domtar Corp		4.400		04/01/22		191,493

60

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	100,000	Domtar Corp		6.250	%	09/01/42	$	95,821
	100,000	Domtar Corp		6.750		02/15/44		102,012
	591,000	Dow Chemical Co		8.550		05/15/19		763,096
	1,500,000	Dow Chemical Co		4.250		11/15/20		1,597,711
	500,000	Dow Chemical Co		4.125		11/15/21		516,483
	550,000	Dow Chemical Co		3.000		11/15/22		512,952
	350,000	Dow Chemical Co		5.250		11/15/41		348,713
	375,000	Dow Chemical Co		4.375		11/15/42		329,262
	1,420,000	E.I. du Pont de Nemours & Co		4.625		01/15/20		1,550,092
	175,000	Eastman Chemical Co		2.400		06/01/17		176,875
	165,000	Eastman Chemical Co		5.500		11/15/19		181,750
	250,000	Eastman Chemical Co		3.600		08/15/22		240,015
	150,000	Eastman Chemical Co		4.800		09/01/42		141,636
	90,000	EI du Pont de Nemours & Co		5.250		12/15/16		100,967
	700,000	EI du Pont de Nemours & Co		6.000		07/15/18		812,652
	300,000	EI du Pont de Nemours & Co		2.800		02/15/23		274,753
	225,000	EI du Pont de Nemours & Co		4.150		02/15/43		198,491
	100,000	FMC Corp		3.950		02/01/22		99,958
	200,000	FMC Corp		4.100		02/01/24		198,604
	1,650,000	Freeport-McMoRan Copper & Gold, Inc		2.375		03/15/18		1,645,969
	300,000	Freeport-McMoRan Copper & Gold, Inc		3.100		03/15/20		291,460
	650,000	Freeport-McMoRan Copper & Gold, Inc		3.550		03/01/22		617,760
	675,000	Freeport-McMoRan Copper & Gold, Inc		3.875		03/15/23		638,310
	400,000	Freeport-McMoRan Copper & Gold, Inc		5.450		03/15/43		382,814
	200,000	Georgia-Pacific LLC		7.700		06/15/15		218,984
	300,000	Georgia-Pacific LLC		8.000		01/15/24		386,111
	250,000	Georgia-Pacific LLC		7.750		11/15/29		316,556
	250,000	Goldcorp, Inc		2.125		03/15/18		245,024
	250,000	Goldcorp, Inc		3.700		03/15/23		223,589
	100,000	Hubbell, Inc		3.625		11/15/22		97,178
	300,000	International Flavors & Fragrances, Inc		3.200		05/01/23		276,906
	300,000	International Paper Co		7.950		06/15/18		364,408
	144,000	International Paper Co		9.375		05/15/19		188,881
	330,000	International Paper Co		7.500		08/15/21		404,545
	170,000	International Paper Co		7.300		11/15/39		209,903
	450,000	International Paper Co		6.000		11/15/41		488,680
	330,000	Kimberly-Clark Corp		6.250		07/15/18		386,800
	225,000	Kimberly-Clark Corp		3.625		08/01/20		234,622
	100,000	Kimberly-Clark Corp		3.875		03/01/21		104,249
	125,000	Kimberly-Clark Corp		2.400		03/01/22		116,190
	200,000	Kimberly-Clark Corp		2.400		06/01/23		180,896
	200,000	Kimberly-Clark Corp		6.625		08/01/37		250,690
	200,000	Kimberly-Clark Corp		3.700		06/01/43		167,876
	150,000	Kinross Gold Corp		5.125		09/01/21		143,298
	92,000	Lubrizol Corp		8.875		02/01/19		119,363
	150,000	Lubrizol Corp		6.500		10/01/34		181,135
	300,000	LYB International Finance BV		4.000		07/15/23		296,116
	300,000	LYB International Finance BV		5.250		07/15/43		301,572
	500,000	LyondellBasell Industries NV		5.000		04/15/19		555,310
	300,000	LyondellBasell Industries NV		6.000		11/15/21		345,034
	300,000	LyondellBasell Industries NV		5.750		04/15/24		336,202
	250,000	Martin Marietta Materials, Inc		6.600		04/15/18		284,062

61

TIAA-CREF FUNDS - Bond Index Fund

					MATURITY
PRINCIPAL		ISSUER	RATE		DATE	VALUE
$	150,000	Methanex Corp	3.250	%	12/15/19	$	148,874
	200,000	Monsanto Co	2.750		04/15/16		208,506
	200,000	Monsanto Co	1.850		11/15/18		197,366
	100,000	Monsanto Co	2.200		07/15/22		90,579
	150,000	Monsanto Co	5.500		08/15/25		169,161
	100,000	Monsanto Co	3.600		07/15/42		81,526
	200,000	Monsanto Co	4.650		11/15/43		195,100
	100,000	NewMarket Corp	4.100		12/15/22		95,263
	200,000	Newmont Mining Corp	5.125		10/01/19		207,419
	300,000	Newmont Mining Corp	3.500		03/15/22		255,355
	298,000	Newmont Mining Corp	5.875		04/01/35		254,038
	135,000	Newmont Mining Corp	6.250		10/01/39		119,410
	300,000	Newmont Mining Corp	4.875		03/15/42		222,132
	100,000	Nucor Corp	5.750		12/01/17		113,167
	130,000	Nucor Corp	5.850		06/01/18		147,288
	300,000	Nucor Corp	4.125		09/15/22		301,277
	500,000	Nucor Corp	4.000		08/01/23		488,090
	300,000	Nucor Corp	5.200		08/01/43		292,258
	43,000	Owens Corning	9.000		06/15/19		53,087
	200,000	Owens Corning	4.200		12/15/22		190,986
	150,000	Packaging Corp of America	3.900		06/15/22		145,724
	250,000	Packaging Corp of America	4.500		11/01/23		250,653
	100,000	Plum Creek Timberlands LP	4.700		03/15/21		103,666
	300,000	Plum Creek Timberlands LP	3.250		03/15/23		269,763
	650,000	Potash Corp of Saskatchewan, Inc	4.875		03/30/20		703,259
	200,000	Potash Corp of Saskatchewan, Inc	5.625		12/01/40		212,384
	150,000	PPG Industries, Inc	2.700		08/15/22		136,871
	150,000	PPG Industries, Inc	6.650		03/15/18		173,459
	300,000	PPG Industries, Inc	3.600		11/15/20		304,452
	440,000	Praxair, Inc	3.250		09/15/15		459,660
	200,000	Praxair, Inc	1.050		11/07/17		194,334
	250,000	Praxair, Inc	2.200		08/15/22		222,444
	625,000	Praxair, Inc	3.550		11/07/42		507,431
	500,000	Precision Castparts Corp	1.250		01/15/18		486,751
	100,000	Precision Castparts Corp	3.900		01/15/43		87,040
	150,000	Rio Tinto Finance USA Ltd	2.500		05/20/16		154,689
	1,500,000	Rio Tinto Finance USA Ltd	6.500		07/15/18		1,770,713
	570,000	Rio Tinto Finance USA Ltd	3.500		11/02/20		581,955
	200,000	Rio Tinto Finance USA Ltd	4.125		05/20/21		207,459
	200,000	Rio Tinto Finance USA Ltd	3.750		09/20/21		201,919
	250,000	Rio Tinto Finance USA Ltd	7.125		07/15/28		307,466
	150,000	Rio Tinto Finance USA Ltd	5.200		11/02/40		154,510
	800,000	Rio Tinto Finance USA plc	1.625		08/21/17		799,682
	300,000	Rio Tinto Finance USA plc	2.250		12/14/18		298,520
	400,000	Rio Tinto Finance USA plc	3.500		03/22/22		392,529
	625,000	Rio Tinto Finance USA plc	2.875		08/21/22		582,518
	200,000	Rio Tinto Finance USA plc	4.750		03/22/42		194,386
	400,000	Rio Tinto Finance USA plc	4.125		08/21/42		351,703
	58,000	Rohm and Haas Co	6.000		09/15/17		65,797
	100,000	RPM International, Inc	6.125		10/15/19		112,150
	300,000	RPM International, Inc	3.450		11/15/22		273,955
	100,000	Sherwin-Williams Co	3.125		12/15/14		102,404

62

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	175,000	Sherwin-Williams Co		1.350	%	12/15/17	$	170,399
	200,000	Sherwin-Williams Co		4.000		12/15/42		171,620
	150,000	Sonoco Products Co		5.750		11/01/40		158,817
	200,000	Southern Copper Corp		5.375		04/16/20		213,697
	100,000	Southern Copper Corp		7.500		07/27/35		104,207
	680,000	Southern Copper Corp		6.750		04/16/40		658,419
	50,000	Teck Resources Ltd		3.850		08/15/17		52,877
	100,000	Teck Resources Ltd		2.500		02/01/18		100,604
	300,000	Teck Resources Ltd		3.000		03/01/19		300,940
	600,000	Teck Resources Ltd		4.500		01/15/21		604,462
	275,000	Teck Resources Ltd		4.750		01/15/22		277,634
	100,000	Teck Resources Ltd		3.750		02/01/23		93,213
	100,000	Teck Resources Ltd		6.250		07/15/41		99,543
	700,000	Teck Resources Ltd		5.200		03/01/42		617,819
	150,000	Teck Resources Ltd		5.400		02/01/43		136,822
	450,000	Vale S.A.		5.625		09/11/42		408,502
	150,000	Valspar Corp		4.200		01/15/22		147,929
	150,000	Westlake Chemical Corp		3.600		07/15/22		142,093
		TOTAL MATERIALS						50,339,128
MEDIA - 0.8%
	100,000	CBS Corp		1.950		07/01/17		100,181
	50,000	CBS Corp		5.750		04/15/20		56,126
	445,000	CBS Corp		4.300		02/15/21		453,022
	500,000	CBS Corp		3.375		03/01/22		477,202
	200,000	CBS Corp		7.875		07/30/30		248,836
	200,000	CBS Corp		4.850		07/01/42		180,210
	450,000	Comcast Cable Communications LLC		8.875		05/01/17		552,599
	1,595,000	Comcast Corp		5.150		03/01/20		1,779,333
	1,350,000	Comcast Corp		3.125		07/15/22		1,288,308
	300,000	Comcast Corp		2.850		01/15/23		277,382
	625,000	Comcast Corp		4.250		01/15/33		580,574
	129,000	Comcast Corp		7.050		03/15/33		156,069
	345,000	Comcast Corp		5.650		06/15/35		367,468
	350,000	Comcast Corp		6.950		08/15/37		430,255
	780,000	Comcast Corp		6.400		03/01/40		900,022
	350,000	Comcast Corp		4.650		07/15/42		325,711
	300,000	Comcast Corp		4.500		01/15/43		270,996
	91,000	COX Communications, Inc		5.450		12/15/14		95,100
	50,000	DIRECTV Holdings LLC		4.750		10/01/14		51,488
	600,000	DIRECTV Holdings LLC		3.550		03/15/15		619,780
	100,000	DIRECTV Holdings LLC		3.500		03/01/16		104,969
	500,000	DIRECTV Holdings LLC		2.400		03/15/17		509,029
	500,000	DIRECTV Holdings LLC		1.750		01/15/18		490,484
	285,000	DIRECTV Holdings LLC		5.200		03/15/20		310,357
	500,000	DIRECTV Holdings LLC		4.600		02/15/21		516,343
	1,050,000	DIRECTV Holdings LLC		5.000		03/01/21		1,103,034
	250,000	DIRECTV Holdings LLC		3.800		03/15/22		240,159
	145,000	DIRECTV Holdings LLC		6.000		08/15/40		143,188
	100,000	DIRECTV Holdings LLC		6.375		03/01/41		103,686
	550,000	DIRECTV Holdings LLC		5.150		03/15/42		493,956
	500,000	Discovery Communications LLC		3.300		05/15/22		473,399

63

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	100,000	Discovery Communications LLC		4.950	%	05/15/42	$	92,885
	125,000	Discovery Communications LLC		4.875		04/01/43		115,311
	550,000	Grupo Televisa S.A.		6.625		03/18/25		615,599
	348,000	Historic TW, Inc		6.625		05/15/29		399,411
	100,000	Interpublic Group of Cos, Inc		6.250		11/15/14		104,125
	300,000	Interpublic Group of Cos, Inc		2.250		11/15/17		295,764
	100,000	Interpublic Group of Cos, Inc		4.000		03/15/22		95,698
	900,000	NBC Universal Media LLC		4.450		01/15/43		806,242
	1,235,000	NBC Universal Media LLC		3.650		04/30/15		1,284,399
	585,000	NBC Universal Media LLC		5.150		04/30/20		653,881
	820,000	NBC Universal Media LLC		4.375		04/01/21		867,906
	375,000	NBC Universal Media LLC		2.875		01/15/23		347,166
	95,000	NBC Universal Media LLC		6.400		04/30/40		109,215
	150,000	NBC Universal Media LLC		5.950		04/01/41		164,076
	355,000	News America, Inc		7.250		05/18/18		428,779
	950,000	News America, Inc		3.000		09/15/22		893,050
	1,325,000	News America, Inc		6.200		12/15/34		1,466,729
	1,000,000	News America, Inc		6.150		02/15/41		1,114,525
	200,000	Omnicom Group, Inc		5.900		04/15/16		221,084
	200,000	Omnicom Group, Inc		4.450		08/15/20		212,273
	700,000	Omnicom Group, Inc		3.625		05/01/22		677,878
	500,000	Time Warner Cable, Inc		5.850		05/01/17		545,349
	170,000	Time Warner Cable, Inc		6.750		07/01/18		190,644
	910,000	Time Warner Cable, Inc		8.750		02/14/19		1,085,486
	1,100,000	Time Warner Cable, Inc		8.250		04/01/19		1,288,655
	800,000	Time Warner Cable, Inc		4.000		09/01/21		743,002
	500,000	Time Warner Cable, Inc		6.550		05/01/37		462,676
	175,000	Time Warner Cable, Inc		6.750		06/15/39		164,798
	690,000	Time Warner Cable, Inc		5.875		11/15/40		596,882
	300,000	Time Warner Cable, Inc		5.500		09/01/41		248,584
	750,000	Time Warner Cable, Inc		4.500		09/15/42		568,174
	490,000	Time Warner, Inc		3.150		07/15/15		507,636
	628,000	Time Warner, Inc		5.875		11/15/16		708,493
	450,000	Time Warner, Inc		4.750		03/29/21		479,867
	1,400,000	Time Warner, Inc		3.400		06/15/22		1,366,186
	650,000	Time Warner, Inc		4.050		12/15/23		648,105
	785,000	Time Warner, Inc		6.500		11/15/36		886,952
	350,000	Time Warner, Inc		6.100		07/15/40		381,978
	150,000	Time Warner, Inc		6.250		03/29/41		166,572
	900,000	Time Warner, Inc		4.900		06/15/42		854,362
	200,000	Time Warner, Inc		5.350		12/15/43		202,546
	406,000	Viacom, Inc		4.375		09/15/14		416,589
	300,000	Viacom, Inc		1.250		02/27/15		301,494
	250,000	Viacom, Inc		2.500		09/01/18		252,015
	400,000	Viacom, Inc		3.875		12/15/21		397,538
	500,000	Viacom, Inc		3.125		06/15/22		461,895
	200,000	Viacom, Inc		3.250		03/15/23		185,243
	250,000	Viacom, Inc		4.250		09/01/23		249,480
	200,000	Viacom, Inc		4.500		02/27/42		170,634
	504,000	Viacom, Inc		4.375		03/15/43		425,563
	100,000	Viacom, Inc		4.875		06/15/43		90,463
	250,000	Viacom, Inc		5.850		09/01/43		262,806

64

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	261,000	WPP Finance 2010		4.750	%	11/21/21	$	271,324
	300,000	WPP Finance 2010		3.625		09/07/22		289,335
	200,000	WPP Finance 2010		5.625		11/15/43		197,987
		TOTAL MEDIA						40,734,575
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.0%
	350,000	Abbott Laboratories		5.125		04/01/19		395,689
	500,000	Abbott Laboratories		5.300		05/27/40		545,491
	1,700,000	AbbVie, Inc		1.200		11/06/15		1,717,279
	800,000	AbbVie, Inc		1.750		11/06/17		798,630
	700,000	AbbVie, Inc		2.000		11/06/18		692,447
	1,075,000	AbbVie, Inc		4.400		11/06/42		1,002,625
	300,000	Amgen, Inc		2.500		11/15/16		310,486
	300,000	Amgen, Inc		2.125		05/15/17		303,796
	550,000	Amgen, Inc		5.850		06/01/17		624,029
	75,000	Amgen, Inc		4.500		03/15/20		80,416
	250,000	Amgen, Inc		3.450		10/01/20		253,668
	700,000	Amgen, Inc		4.100		06/15/21		729,449
	500,000	Amgen, Inc		3.625		05/15/22		495,326
	500,000	Amgen, Inc		6.375		06/01/37		573,429
	1,000,000	Amgen, Inc		6.400		02/01/39		1,144,764
	150,000	Amgen, Inc		4.950		10/01/41		142,510
	400,000	Amgen, Inc		5.150		11/15/41		398,514
	300,000	Amgen, Inc		5.375		05/15/43		308,015
	800,000	AstraZeneca plc		5.900		09/15/17		914,773
	600,000	AstraZeneca plc		6.450		09/15/37		716,459
	450,000	AstraZeneca plc		4.000		09/18/42		391,355
	100,000	Biogen Idec, Inc		6.875		03/01/18		117,894
	250,000	Bristol-Myers Squibb Co		0.875		08/01/17		243,669
	300,000	Bristol-Myers Squibb Co		5.450		05/01/18		343,418
	200,000	Bristol-Myers Squibb Co		1.750		03/01/19		195,286
	200,000	Bristol-Myers Squibb Co		3.250		11/01/23		191,904
	303,000	Bristol-Myers Squibb Co		6.125		05/01/38		359,998
	650,000	Bristol-Myers Squibb Co		3.250		08/01/42		504,759
	200,000	Bristol-Myers Squibb Co		4.500		03/01/44		191,568
	375,000	Eli Lilly & Co		5.200		03/15/17		418,732
	200,000	Eli Lilly & Co		7.125		06/01/25		253,309
	450,000	Eli Lilly & Co		5.550		03/15/37		493,886
	125,000	Genentech, Inc		4.750		07/15/15		132,938
	100,000	Genentech, Inc		5.250		07/15/35		105,377
	275,000	Genzyme Corp		3.625		06/15/15		287,180
	100,000	Gilead Sciences, Inc		2.400		12/01/14		101,648
	600,000	Gilead Sciences, Inc		4.500		04/01/21		639,031
	650,000	Gilead Sciences, Inc		4.400		12/01/21		694,167
	100,000	Gilead Sciences, Inc		5.650		12/01/41		111,324
	400,000	GlaxoSmithKline Capital, Inc		4.375		04/15/14		404,468
	300,000	GlaxoSmithKline Capital, Inc		0.700		03/18/16		298,726
	1,045,000	GlaxoSmithKline Capital, Inc		5.650		05/15/18		1,202,941
	225,000	GlaxoSmithKline Capital, Inc		2.800		03/18/23		208,382
	350,000	GlaxoSmithKline Capital, Inc		5.375		04/15/34		380,895
	443,000	GlaxoSmithKline Capital, Inc		6.375		05/15/38		542,209
	350,000	GlaxoSmithKline Capital, Inc		4.200		03/18/43		320,003

65

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	900,000		Johnson & Johnson		2.150	%	05/15/16	$	930,262
	500,000		Johnson & Johnson		1.650		12/05/18		493,543
	600,000		Johnson & Johnson		2.950		09/01/20		607,035
	500,000		Johnson & Johnson		3.375		12/05/23		494,138
	650,000		Johnson & Johnson		4.375		12/05/33		654,231
	375,000		Johnson & Johnson		5.850		07/15/38		443,820
	180,000		Johnson & Johnson		4.500		09/01/40		177,108
	150,000		Johnson & Johnson		4.850		05/15/41		157,118
	300,000		Johnson & Johnson		4.500		12/05/43		297,800
	115,000		Life Technologies Corp		3.500		01/15/16		119,790
	300,000		Life Technologies Corp		5.000		01/15/21		324,808
	385,000		Mead Johnson Nutrition Co		4.900		11/01/19		419,826
	400,000		Merck & Co, Inc		0.700		05/18/16		399,300
	785,000		Merck & Co, Inc		6.000		09/15/17		907,480
	200,000		Merck & Co, Inc		1.100		01/31/18		194,398
	400,000		Merck & Co, Inc		1.300		05/18/18		389,044
	1,500,000		Merck & Co, Inc		3.875		01/15/21		1,582,094
	200,000		Merck & Co, Inc		2.400		09/15/22		182,687
	600,000		Merck & Co, Inc		2.800		05/18/23		555,470
	150,000		Merck & Co, Inc		6.500		12/01/33		187,014
	100,000		Merck & Co, Inc		3.600		09/15/42		82,831
	450,000		Merck & Co, Inc		4.150		05/18/43		411,116
	500,000	g	Mylan, Inc		1.800		06/24/16		509,729
	163,000		Mylan, Inc		1.350		11/29/16		162,701
	500,000	g	Mylan, Inc		2.600		06/24/18		500,290
	100,000		Mylan, Inc		2.550		03/28/19		99,002
	200,000		Mylan, Inc		4.200		11/29/23		196,718
	200,000		Mylan, Inc		5.400		11/29/43		201,614
	1,245,000		Novartis Capital Corp		2.900		04/24/15		1,286,505
	390,000		Novartis Capital Corp		4.400		04/24/20		424,763
	300,000		Novartis Capital Corp		2.400		09/21/22		275,049
	400,000		Novartis Capital Corp		3.700		09/21/42		342,073
	300,000		Pfizer, Inc		0.900		01/15/17		298,516
	300,000		Pfizer, Inc		1.500		06/15/18		295,456
	1,460,000		Pfizer, Inc		6.200		03/15/19		1,730,728
	300,000		Pfizer, Inc		3.000		06/15/23		281,871
	500,000		Pfizer, Inc		4.300		06/15/43		470,175
	175,000		Sanofi		1.250		04/10/18		170,382
	800,000		Sanofi-Aventis S.A.		2.625		03/29/16		831,883
	750,000		Sanofi-Aventis S.A.		4.000		03/29/21		785,710
	540,000		Schering-Plough Corp		6.550		09/15/37		673,310
	100,000		Sigma-Aldrich Corp		3.375		11/01/20		100,417
	600,000		Teva Pharmaceutical Finance Co BV		2.400		11/10/16		617,321
	400,000		Teva Pharmaceutical Finance Co BV		2.950		12/18/22		362,149
	600,000		Teva Pharmaceutical Finance Co LLC		3.000		06/15/15		619,221
	200,000		Teva Pharmaceutical Finance Co LLC		2.250		03/18/20		190,181
	350,000		Teva Pharmaceutical Finance Co LLC		6.150		02/01/36		383,368
	250,000		Watson Pharmaceuticals, Inc		1.875		10/01/17		247,393
	575,000		Watson Pharmaceuticals, Inc		3.250		10/01/22		536,313
	250,000		Watson Pharmaceuticals, Inc		4.625		10/01/42		227,450
	500,000		Wyeth LLC		5.450		04/01/17		561,523
	1,000,000		Wyeth LLC		6.450		02/01/24		1,197,326

66

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	945,000		Wyeth LLC		5.950	%	04/01/37	$	1,095,439
	300,000		Zoetis, Inc		1.150		02/01/16		300,341
	125,000		Zoetis, Inc		1.875		02/01/18		123,973
	150,000		Zoetis, Inc		3.250		02/01/23		140,351
	300,000		Zoetis, Inc		4.700		02/01/43		280,398
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						47,813,414
REAL ESTATE - 0.6%
	150,000		Alexandria Real Estate Equities, Inc		4.600		04/01/22		150,937
	100,000		Alexandria Real Estate Equities, Inc		3.900		06/15/23		93,183
	165,000		AMB Property LP		4.500		08/15/17		178,203
	340,000		AMB Property LP		6.625		05/15/18		397,110
	100,000		American Campus Communities Operating Partnership LP		3.750		04/15/23		92,801
	200,000		AvalonBay Communities, Inc		3.625		10/01/20		202,179
	100,000		AvalonBay Communities, Inc		3.950		01/15/21		102,308
	225,000		AvalonBay Communities, Inc		2.950		09/15/22		206,594
	100,000		AvalonBay Communities, Inc		2.850		03/15/23		90,097
	200,000		AvalonBay Communities, Inc		4.200		12/15/23		198,619
	115,000		BioMed Realty LP		6.125		04/15/20		126,070
	100,000		BioMed Realty LP		4.250		07/15/22		96,010
	25,000		Boston Properties LP		5.000		06/01/15		26,451
	150,000		Boston Properties LP		3.700		11/15/18		158,231
	80,000		Boston Properties LP		5.875		10/15/19		91,867
	175,000		Boston Properties LP		4.125		05/15/21		178,779
	500,000		Boston Properties LP		3.850		02/01/23		488,524
	425,000		Boston Properties LP		3.125		09/01/23		388,190
	200,000		Boston Properties LP		3.800		02/01/24		191,792
	115,000		Brandywine Operating Partnership LP		5.700		05/01/17		126,536
	200,000		Brandywine Operating Partnership LP		3.950		02/15/23		187,477
	250,000		BRE Properties, Inc		3.375		01/15/23		229,558
	100,000		Camden Property Trust		4.625		06/15/21		104,808
	200,000		Camden Property Trust		2.950		12/15/22		180,728
	125,000		Camden Property Trust		4.250		01/15/24		123,607
	200,000		Corporate Office Properties LP		5.250		02/15/24		203,148
	100,000		CubeSmart LP		4.800		07/15/22		102,714
	200,000		CubeSmart LP		4.375		12/15/23		195,410
	100,000	g	DCT Industrial Operating Partnership LP		4.500		10/15/23		97,169
	200,000		DDR Corp		3.500		01/15/21		194,670
	500,000		DDR Corp		4.625		07/15/22		509,988
	275,000		Duke Realty LP		5.950		02/15/17		306,014
	100,000		Duke Realty LP		3.875		02/15/21		98,659
	200,000		Duke Realty LP		4.375		06/15/22		198,228
	100,000		Duke Realty LP		3.875		10/15/22		95,042
	100,000		Duke Realty LP		3.625		04/15/23		92,297
	100,000		Entertainment Properties Trust		5.750		08/15/22		101,955
	200,000		EPR Properties		5.250		07/15/23		195,381
	200,000		Equity One, Inc		3.750		11/15/22		187,647
	35,000		ERP Operating LP		5.250		09/15/14		36,114
	500,000		ERP Operating LP		5.125		03/15/16		543,222
	750,000		ERP Operating LP		4.625		12/15/21		790,693
	100,000		Essex Portfolio LP		3.625		08/15/22		93,764
	100,000		Essex Portfolio LP		3.250		05/01/23		90,518

67

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	100,000		Federal Realty Investment Trust		3.000	%	08/01/22	$	93,450
	100,000		Federal Realty Investment Trust		2.750		06/01/23		89,867
	200,000		Federal Realty Investment Trust		3.950		01/15/24		197,769
	150,000		HCP, Inc		3.750		02/01/16		157,621
	430,000		HCP, Inc		6.000		01/30/17		481,915
	150,000		HCP, Inc		3.750		02/01/19		155,802
	250,000		HCP, Inc		2.625		02/01/20		238,297
	150,000		HCP, Inc		5.375		02/01/21		163,287
	400,000		HCP, Inc		3.150		08/01/22		367,126
	200,000		HCP, Inc		4.250		11/15/23		195,639
	30,000		HCP, Inc		6.750		02/01/41		35,510
	100,000		Health Care REIT, Inc		3.625		03/15/16		104,770
	200,000		Health Care REIT, Inc		4.700		09/15/17		217,399
	150,000		Health Care REIT, Inc		2.250		03/15/18		148,298
	200,000		Health Care REIT, Inc		4.125		04/01/19		210,592
	440,000		Health Care REIT, Inc		6.125		04/15/20		495,215
	200,000		Health Care REIT, Inc		4.500		01/15/24		197,470
	300,000		Healthcare Realty Trust, Inc		6.500		01/17/17		336,436
	100,000		Healthcare Realty Trust, Inc		3.750		04/15/23		92,517
	100,000		Healthcare Trust of America Holdings LP		3.700		04/15/23		92,145
	125,000		Highwoods Properties, Inc		5.850		03/15/17		137,650
	100,000		Highwoods Realty LP		3.625		01/15/23		91,428
	350,000		Hospitality Properties Trust		5.125		02/15/15		358,007
	100,000		Hospitality Properties Trust		5.000		08/15/22		101,624
	200,000		Hospitality Properties Trust		4.500		06/15/23		193,183
	600,000		Host Hotels & Resorts LP		3.750		10/15/23		556,309
	50,000		HRPT Properties Trust		5.875		09/15/20		51,441
	250,000		Jones Lang LaSalle, Inc		4.400		11/15/22		240,115
	35,000		Kilroy Realty Corp		5.000		11/03/15		37,283
	250,000		Kilroy Realty LP		3.800		01/15/23		233,139
	145,000		Kimco Realty Corp		5.700		05/01/17		162,005
	300,000		Kimco Realty Corp		3.125		06/01/23		272,820
	100,000	g	Lexington Realty Trust		4.250		06/15/23		94,723
	220,000		Liberty Property LP		4.750		10/01/20		231,205
	150,000		Liberty Property LP		4.125		06/15/22		147,638
	100,000		Liberty Property LP		3.375		06/15/23		91,013
	200,000		Liberty Property LP		4.400		02/15/24		196,381
	125,000		Mack-Cali Realty Corp		7.750		08/15/19		149,851
	200,000		Mack-Cali Realty LP		2.500		12/15/17		197,872
	150,000		Mack-Cali Realty LP		4.500		04/18/22		147,389
	200,000		Mid-America Apartments LP		4.300		10/15/23		194,448
	75,000		National Retail Properties, Inc		6.875		10/15/17		86,959
	100,000		National Retail Properties, Inc		3.800		10/15/22		95,271
	100,000		National Retail Properties, Inc		3.300		04/15/23		90,788
	400,000		OMEGA Healthcare Investors, Inc		6.750		10/15/22		434,500
	200,000		Piedmont Operating Partnership LP		3.400		06/01/23		177,510
	100,000		Post Apartment Homes LP		3.375		12/01/22		92,120
	350,000		ProLogis LP		2.750		02/15/19		347,578
	201,000		ProLogis LP		3.350		02/01/21		195,196
	150,000		ProLogis LP		4.250		08/15/23		148,178
	200,000		Rayonier, Inc		3.750		04/01/22		187,834
	40,000		Realty Income Corp		5.950		09/15/16		44,450

68

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	150,000		Realty Income Corp		2.000	%	01/31/18	$	146,904
	75,000		Realty Income Corp		5.750		01/15/21		82,941
	200,000		Realty Income Corp		3.250		10/15/22		183,031
	500,000		Realty Income Corp		4.650		08/01/23		503,550
	175,000		Regency Centers LP		5.250		08/01/15		185,805
	10,000		Regency Centers LP		5.875		06/15/17		11,149
	200,000		Retail Opportunity Investments Partnership LP		5.000		12/15/23		199,127
	100,000		Senior Housing Properties Trust		6.750		12/15/21		110,406
	488,000		Simon Property Group LP		5.100		06/15/15		519,700
	295,000		Simon Property Group LP		5.250		12/01/16		326,525
	100,000		Simon Property Group LP		2.800		01/30/17		103,431
	740,000		Simon Property Group LP		10.350		04/01/19		1,001,347
	290,000		Simon Property Group LP		4.375		03/01/21		306,629
	300,000		Simon Property Group LP		3.375		03/15/22		292,405
	200,000		Simon Property Group LP		2.750		02/01/23		182,760
	300,000		Tanger Properties LP		3.875		12/01/23		289,181
	200,000		UDR, Inc		3.700		10/01/20		201,077
	200,000		UDR, Inc		4.625		01/10/22		205,515
	100,000	g,i	USB Realty Corp		1.391		12/30/49		92,000
	55,000		Ventas Realty LP		3.125		11/30/15		57,199
	300,000		Ventas Realty LP		1.550		09/26/16		302,129
	175,000		Ventas Realty LP		2.000		02/15/18		172,026
	200,000		Ventas Realty LP		2.700		04/01/20		191,240
	300,000		Ventas Realty LP		4.750		06/01/21		314,736
	350,000		Ventas Realty LP		3.250		08/15/22		324,269
	100,000		Vornado Realty LP		5.000		01/15/22		103,982
	195,000		Washington Real Estate Investment Trust		4.950		10/01/20		205,188
	100,000		Washington Real Estate Investment Trust		3.950		10/15/22		94,954
	100,000		Weingarten Realty Investors		3.375		10/15/22		91,870
	100,000		Weingarten Realty Investors		3.500		04/15/23		91,932
	200,000		Weingarten Realty Investors		4.450		01/15/24		195,896
	500,000		Weyerhaeuser Co		7.375		10/01/19		606,195
	200,000		Weyerhaeuser Co		4.625		09/15/23		202,946
	400,000		Weyerhaeuser Co		7.375		03/15/32		489,462
			TOTAL REAL ESTATE						26,787,832
RETAILING - 0.6%
	120,000		Advance Auto Parts, Inc		5.750		05/01/20		130,402
	250,000		Advance Auto Parts, Inc		4.500		12/01/23		249,878
	600,000		Amazon.com, Inc		0.650		11/27/15		599,730
	600,000		Amazon.com, Inc		2.500		11/29/22		540,856
	150,000		AutoZone, Inc		6.500		01/15/14		150,292
	100,000		AutoZone, Inc		4.000		11/15/20		102,682
	200,000		AutoZone, Inc		3.700		04/15/22		192,977
	300,000		AutoZone, Inc		2.875		01/15/23		270,039
	150,000		AutoZone, Inc		3.125		07/15/23		135,828
	300,000		Cooper US, Inc		2.375		01/15/16		308,071
	320,000		Costco Wholesale Corp		5.500		03/15/17		359,453
	500,000		Costco Wholesale Corp		1.125		12/15/17		491,205
	250,000		Costco Wholesale Corp		1.700		12/15/19		240,807
	500,000		Dollar General Corp		1.875		04/15/18		483,686
	100,000		Family Dollar Stores, Inc		5.000		02/01/21		102,052

69

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	250,000		Gap, Inc		5.950	%	04/12/21	$	276,243
	600,000		Home Depot, Inc		5.400		03/01/16		658,132
	400,000		Home Depot, Inc		3.950		09/15/20		426,758
	350,000		Home Depot, Inc		4.400		04/01/21		377,991
	500,000		Home Depot, Inc		2.700		04/01/23		460,925
	300,000		Home Depot, Inc		3.750		02/15/24		298,600
	960,000		Home Depot, Inc		5.875		12/16/36		1,107,742
	500,000		Home Depot, Inc		4.200		04/01/43		455,649
	300,000		Home Depot, Inc		4.875		02/15/44		303,771
	125,000		Kohl’s Corp		6.250		12/15/17		143,356
	200,000		Kohl’s Corp		3.250		02/01/23		182,853
	200,000		Kohl’s Corp		4.750		12/15/23		203,022
	150,000		Kohl’s Corp		6.000		01/15/33		150,931
	100,000		Kohl’s Corp		6.875		12/15/37		111,520
	400,000		Lowe’s Cos, Inc		2.125		04/15/16		410,273
	200,000		Lowe’s Cos, Inc		3.800		11/15/21		206,200
	850,000		Lowe’s Cos, Inc		3.120		04/15/22		824,191
	300,000		Lowe’s Cos, Inc		3.875		09/15/23		301,631
	200,000		Lowe’s Cos, Inc		6.875		02/15/28		246,241
	175,000		Lowe’s Cos, Inc		5.500		10/15/35		186,159
	150,000		Lowe’s Cos, Inc		5.800		04/15/40		168,504
	150,000		Lowe’s Cos, Inc		5.125		11/15/41		154,269
	100,000		Lowe’s Cos, Inc		4.650		04/15/42		96,710
	300,000		Lowe’s Cos, Inc		5.000		09/15/43		306,734
	191,000		Macy’s Retail Holdings, Inc		5.900		12/01/16		214,240
	250,000		Macy’s Retail Holdings, Inc		3.875		01/15/22		246,420
	125,000		Macy’s Retail Holdings, Inc		2.875		02/15/23		113,128
	200,000		Macy’s Retail Holdings, Inc		4.375		09/01/23		200,753
	400,000		Macy’s Retail Holdings, Inc		6.900		04/01/29		453,912
	200,000		Macy’s Retail Holdings, Inc		6.375		03/15/37		223,187
	200,000		Macy’s Retail Holdings, Inc		4.300		02/15/43		168,789
	300,000		Nordstrom, Inc		6.250		01/15/18		347,071
	30,000		Nordstrom, Inc		4.750		05/01/20		32,831
	100,000		Nordstrom, Inc		4.000		10/15/21		103,716
	100,000		Nordstrom, Inc		7.000		01/15/38		128,208
	400,000	g	Nordstrom, Inc		5.000		01/15/44		395,369
	150,000		O’Reilly Automotive, Inc		4.875		01/14/21		157,226
	100,000		O’Reilly Automotive, Inc		3.800		09/01/22		96,512
	200,000		O’Reilly Automotive, Inc		3.850		06/15/23		191,929
	900,000		Phillips 66		2.950		05/01/17		936,351
	400,000		Phillips 66		5.875		05/01/42		433,818
	100,000		QVC, Inc		5.125		07/02/22		98,911
	100,000		QVC, Inc		4.375		03/15/23		93,494
	150,000		QVC, Inc		5.950		03/15/43		136,088
	150,000		Staples, Inc		2.750		01/12/18		152,101
	150,000		Staples, Inc		4.375		01/12/23		145,312
	100,000		Target Corp		1.125		07/18/14		100,401
	1,150,000		Target Corp		3.875		07/15/20		1,212,379
	900,000		Target Corp		2.900		01/15/22		863,331
	200,000		Target Corp		6.500		10/15/37		236,920
	850,000		Target Corp		4.000		07/01/42		737,298
	105,000		TJX Cos, Inc		6.950		04/15/19		125,765

70

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		TJX Cos, Inc		2.500	%	05/15/23	$	271,586
	650,000		Wal-Mart Stores, Inc		4.500		07/01/15		689,731
	200,000		Wal-Mart Stores, Inc		1.500		10/25/15		203,806
	200,000		Wal-Mart Stores, Inc		2.800		04/15/16		209,475
	350,000		Wal-Mart Stores, Inc		1.125		04/11/18		339,675
	300,000		Wal-Mart Stores, Inc		1.950		12/15/18		298,918
	1,400,000		Wal-Mart Stores, Inc		3.250		10/25/20		1,429,548
	1,950,000		Wal-Mart Stores, Inc		4.250		04/15/21		2,099,637
	1,000,000		Wal-Mart Stores, Inc		2.550		04/11/23		913,673
	69,000		Wal-Mart Stores, Inc		7.550		02/15/30		92,887
	1,095,000		Wal-Mart Stores, Inc		5.250		09/01/35		1,189,535
	160,000		Wal-Mart Stores, Inc		6.500		08/15/37		200,149
	900,000		Wal-Mart Stores, Inc		6.200		04/15/38		1,081,664
	65,000		Wal-Mart Stores, Inc		5.625		04/01/40		73,424
	345,000		Wal-Mart Stores, Inc		5.000		10/25/40		360,937
	850,000		Wal-Mart Stores, Inc		4.000		04/11/43		756,486
	400,000		Wal-Mart Stores, Inc		4.750		10/02/43		401,556
			TOTAL RETAILING						31,374,510
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%
	200,000		Altera Corp		1.750		05/15/17		196,926
	200,000		Altera Corp		4.100		11/15/23		192,806
	500,000		Analog Devices, Inc		2.875		06/01/23		456,022
	140,000		Broadcom Corp		2.375		11/01/15		143,596
	150,000		Broadcom Corp		2.500		08/15/22		134,183
	900,000		Intel Corp		1.950		10/01/16		925,197
	475,000		Intel Corp		1.350		12/15/17		469,461
	750,000		Intel Corp		2.700		12/15/22		691,355
	500,000		Intel Corp		4.000		12/15/32		460,838
	500,000		Intel Corp		4.800		10/01/41		487,617
	200,000		Maxim Integrated Products, Inc		2.500		11/15/18		198,310
	200,000		Maxim Integrated Products, Inc		3.375		03/15/23		183,111
	310,000		National Semiconductor Corp		3.950		04/15/15		323,116
	200,000		Texas Instruments, Inc		0.450		08/03/15		199,862
	200,000		Texas Instruments, Inc		2.375		05/16/16		207,309
	200,000		Texas Instruments, Inc		1.000		05/01/18		191,859
	200,000		Texas Instruments, Inc		1.650		08/03/19		192,651
	200,000		Texas Instruments, Inc		2.250		05/01/23		176,481
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						5,830,700
SOFTWARE & SERVICES - 0.5%
	285,000		Adobe Systems, Inc		3.250		02/01/15		292,714
	20,000		Adobe Systems, Inc		4.750		02/01/20		21,590
	200,000		Autodesk, Inc		1.950		12/15/17		197,847
	300,000		Baidu, Inc		2.250		11/28/17		297,930
	500,000		Baidu, Inc		3.250		08/06/18		505,399
	200,000		Baidu, Inc		3.500		11/28/22		183,715
	20,000	g	CA, Inc		6.125		12/01/14		20,921
	250,000		CA, Inc		2.875		08/15/18		249,340
	300,000		CA, Inc		5.375		12/01/19		333,580
	120,000		Computer Sciences Corp		6.500		03/15/18		137,697
	200,000		Computer Sciences Corp		4.450		09/15/22		192,908

71

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Expedia, Inc		7.456	%	08/15/18	$	349,253
	250,000	Fidelity National Information Services, Inc		2.000		04/15/18		243,099
	500,000	Fidelity National Information Services, Inc		3.500		04/15/23		455,756
	50,000	Fiserv, Inc		3.125		10/01/15		51,767
	150,000	Fiserv, Inc		3.125		06/15/16		156,526
	100,000	Fiserv, Inc		6.800		11/20/17		115,220
	550,000	Fiserv, Inc		3.500		10/01/22		510,734
	100,000	Google, Inc		1.250		05/19/14		100,364
	700,000	Google, Inc		2.125		05/19/16		723,235
	100,000	Google, Inc		3.625		05/19/21		104,270
	700,000	International Business Machines Corp		0.750		05/11/15		703,082
	300,000	International Business Machines Corp		2.000		01/05/16		307,908
	250,000	International Business Machines Corp		1.950		07/22/16		256,837
	225,000	International Business Machines Corp		1.250		02/06/17		224,414
	1,000,000	International Business Machines Corp		5.700		09/14/17		1,148,298
	400,000	International Business Machines Corp		1.250		02/08/18		391,562
	200,000	International Business Machines Corp		1.875		05/15/19		196,166
	800,000	International Business Machines Corp		8.375		11/01/19		1,041,938
	500,000	International Business Machines Corp		2.900		11/01/21		481,070
	300,000	International Business Machines Corp		1.875		08/01/22		262,183
	400,000	International Business Machines Corp		7.000		10/30/25		501,987
	19,000	International Business Machines Corp		5.600		11/30/39		21,255
	585,000	International Business Machines Corp		4.000		06/20/42		522,359
	200,000	Intuit, Inc		5.750		03/15/17		223,617
	175,000	Juniper Networks, Inc		4.600		03/15/21		177,499
	475,000	Microsoft Corp		0.875		11/15/17		467,656
	400,000	Microsoft Corp		1.625		12/06/18		394,550
	925,000	Microsoft Corp		4.200		06/01/19		1,019,566
	540,000	Microsoft Corp		3.000		10/01/20		550,391
	450,000	Microsoft Corp		4.000		02/08/21		475,150
	400,000	Microsoft Corp		2.125		11/15/22		361,356
	400,000	Microsoft Corp		3.625		12/15/23		400,625
	500,000	Microsoft Corp		3.500		11/15/42		412,942
	300,000	Microsoft Corp		3.750		05/01/43		255,939
	400,000	Microsoft Corp		4.875		12/15/43		408,834
	320,000	Oracle Corp		3.750		07/08/14		325,524
	1,000,000	Oracle Corp		1.200		10/15/17		984,058
	320,000	Oracle Corp		5.750		04/15/18		369,782
	750,000	Oracle Corp		2.375		01/15/19		756,714
	1,365,000	Oracle Corp		3.875		07/15/20		1,440,703
	925,000	Oracle Corp		2.500		10/15/22		847,241
	550,000	Oracle Corp		6.500		04/15/38		670,094
	470,000	Oracle Corp		6.125		07/08/39		547,638
	290,000	Symantec Corp		2.750		09/15/15		297,916
	250,000	Symantec Corp		2.750		06/15/17		252,684
	200,000	Symantec Corp		3.950		06/15/22		194,035
	250,000	Total System Services, Inc		2.375		06/01/18		243,221
	125,000	Total System Services, Inc		3.750		06/01/23		115,546
		TOTAL SOFTWARE & SERVICES						23,496,205
TECHNOLOGY HARDWARE & EQUIPMENT - 0.5%
	200,000	American Tower Corp		4.700		03/15/22		199,909

72

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	75,000	Amphenol Corp		4.750	%	11/15/14	$	77,497
	150,000	Amphenol Corp		4.000		02/01/22		144,414
	750,000	Apple, Inc		0.450		05/03/16		744,555
	1,000,000	Apple, Inc		1.000		05/03/18		966,947
	1,475,000	Apple, Inc		2.400		05/03/23		1,326,336
	825,000	Apple, Inc		3.850		05/04/43		689,226
	100,000	CC Holdings GS V LLC		2.381		12/15/17		99,048
	1,043,000	Cisco Systems, Inc		4.950		02/15/19		1,173,200
	1,900,000	Cisco Systems, Inc		4.450		01/15/20		2,072,269
	600,000	Cisco Systems, Inc		5.900		02/15/39		667,066
	510,000	Discovery Communications LLC		5.050		06/01/20		556,689
	100,000	Discovery Communications LLC		4.375		06/15/21		103,333
	600,000	Discovery Communications LLC		3.250		04/01/23		557,299
	100,000	Discovery Communications LLC		6.350		06/01/40		110,643
	400,000	EMC Corp		1.875		06/01/18		395,456
	400,000	EMC Corp		2.650		06/01/20		391,752
	400,000	EMC Corp		3.375		06/01/23		384,320
	300,000	General Electric Co		0.850		10/09/15		301,401
	750,000	General Electric Co		5.250		12/06/17		848,956
	975,000	General Electric Co		2.700		10/09/22		912,599
	825,000	General Electric Co		4.125		10/09/42		762,183
	300,000	Harris Corp		4.400		12/15/20		310,977
	600,000	Hewlett-Packard Co		2.125		09/13/15		610,965
	1,900,000	Hewlett-Packard Co		3.000		09/15/16		1,976,420
	175,000	Hewlett-Packard Co		2.600		09/15/17		177,808
	700,000	Hewlett-Packard Co		3.750		12/01/20		698,473
	200,000	Hewlett-Packard Co		4.375		09/15/21		203,646
	100,000	Hewlett-Packard Co		4.650		12/09/21		102,968
	200,000	Hewlett-Packard Co		4.050		09/15/22		196,595
	650,000	Hewlett-Packard Co		6.000		09/15/41		651,253
	200,000	Ingram Micro, Inc		5.000		08/10/22		199,220
	300,000	International Business Machines Corp		0.450		05/06/16		297,469
	300,000	International Business Machines Corp		1.625		05/15/20		281,319
	300,000	International Business Machines Corp		3.375		08/01/23		292,291
	85,000	International Game Technology		7.500		06/15/19		98,912
	500,000	International Game Technology		5.350		10/15/23		514,792
	547,000	Koninklijke Philips Electronics NV		5.750		03/11/18		625,788
	100,000	Koninklijke Philips Electronics NV		6.875		03/11/38		121,520
	300,000	Koninklijke Philips Electronics NV		5.000		03/15/42		297,886
	100,000	L-3 Communications Corp		3.950		11/15/16		106,110
	420,000	L-3 Communications Corp		5.200		10/15/19		453,957
	300,000	L-3 Communications Corp		4.950		02/15/21		313,784
	100,000	Lexmark International, Inc		6.650		06/01/18		111,745
	100,000	Lexmark International, Inc		5.125		03/15/20		102,495
	200,000	Motorola Solutions, Inc		6.000		11/15/17		227,491
	200,000	Motorola Solutions, Inc		3.750		05/15/22		193,619
	250,000	Motorola Solutions, Inc		3.500		03/01/23		231,287
	200,000	NetApp, Inc		2.000		12/15/17		198,973
	200,000	NetApp, Inc		3.250		12/15/22		180,154
	100,000	Tech Data Corp		3.750		09/21/17		103,342
	200,000	Telefonaktiebolaget LM Ericsson		4.125		05/15/22		194,394
	225,000	Tyco Electronics Group S.A.		6.550		10/01/17		257,489

73

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Tyco Electronics Group S.A.		2.375	%	12/17/18	$	197,218
	250,000	Tyco Electronics Group S.A.		3.500		02/03/22		237,514
	225,000	Xerox Corp		8.250		05/15/14		231,030
	330,000	Xerox Corp		4.250		02/15/15		342,351
	100,000	Xerox Corp		2.950		03/15/17		102,659
	250,000	Xerox Corp		6.350		05/15/18		285,720
	100,000	Xerox Corp		2.750		03/15/19		99,110
	700,000	Xerox Corp		5.625		12/15/19		771,905
		TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						26,085,747
TELECOMMUNICATION SERVICES - 1.4%
	200,000	America Movil SAB de C.V.		3.625		03/30/15		206,501
	500,000	America Movil SAB de C.V.		2.375		09/08/16		514,585
	1,430,000	America Movil SAB de C.V.		5.000		03/30/20		1,548,780
	450,000	America Movil SAB de C.V.		3.125		07/16/22		415,417
	440,000	America Movil SAB de C.V.		6.125		03/30/40		465,571
	525,000	America Movil SAB de C.V.		4.375		07/16/42		436,175
	1,150,000	American Tower Corp		4.500		01/15/18		1,231,952
	250,000	American Tower Corp		3.500		01/31/23		227,936
	500,000	American Tower Corp		5.000		02/15/24		503,697
	350,000	AT&T, Inc		5.100		09/15/14		361,156
	1,765,000	AT&T, Inc		2.500		08/15/15		1,812,118
	400,000	AT&T, Inc		0.800		12/01/15		398,988
	600,000	AT&T, Inc		0.900		02/12/16		596,951
	150,000	AT&T, Inc		2.950		05/15/16		156,412
	600,000	AT&T, Inc		1.600		02/15/17		599,159
	750,000	AT&T, Inc		1.700		06/01/17		745,405
	325,000	AT&T, Inc		1.400		12/01/17		320,400
	300,000	AT&T, Inc		2.375		11/27/18		300,257
	950,000	AT&T, Inc		5.800		02/15/19		1,089,041
	500,000	AT&T, Inc		4.450		05/15/21		526,415
	3,300,000	AT&T, Inc		3.000		02/15/22		3,109,108
	400,000	AT&T, Inc		2.625		12/01/22		360,905
	322,000	AT&T, Inc		5.350		09/01/40		318,597
	1,200,000	AT&T, Inc		5.550		08/15/41		1,217,832
	866,000	AT&T, Inc		4.300		12/15/42		734,575
	1,854,000	AT&T, Inc		4.350		06/15/45		1,569,582
	250,000	British Telecommunications plc		2.000		06/22/15		254,396
	300,000	British Telecommunications plc		1.625		06/28/16		302,644
	400,000	British Telecommunications plc		5.950		01/15/18		457,387
	650,000	British Telecommunications plc		9.625		12/15/30		969,959
	1,365,000	Cellco Partnership		8.500		11/15/18		1,728,272
	450,000	Deutsche Telekom International Finance BV		5.750		03/23/16		494,083
	850,000	Deutsche Telekom International Finance BV		6.000		07/08/19		984,026
	740,000	Deutsche Telekom International Finance BV		8.750		06/15/30		1,043,979
	600,000	Embarq Corp		7.995		06/01/36		607,464
	495,000	France Telecom S.A.		2.125		09/16/15		504,512
	700,000	France Telecom S.A.		4.125		09/14/21		708,690
	745,000	France Telecom S.A.		8.750		03/01/31		1,028,602
	100,000	France Telecom S.A.		5.375		01/13/42		100,433
	250,000	Koninklijke KPN NV		8.375		10/01/30		316,938
	150,000	Nippon Telegraph & Telephone Corp		1.400		07/18/17		148,194

74

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	400,000		Qwest Corp		7.500	%	10/01/14	$	419,855
	300,000		Qwest Corp		6.500		06/01/17		339,023
	400,000		Qwest Corp		6.750		12/01/21		437,986
	125,000		Rogers Communications, Inc		4.500		03/15/43		109,467
	600,000		Rogers Communications, Inc		6.800		08/15/18		715,101
	200,000		Rogers Communications, Inc		4.100		10/01/23		200,377
	300,000		Rogers Communications, Inc		5.450		10/01/43		307,817
	350,000		Rogers Wireless, Inc		7.500		03/15/15		378,236
	56,000		Telecom Italia Capital S.A.		6.175		06/18/14		57,260
	600,000		Telefonica Emisiones SAU		3.992		02/16/16		630,239
	400,000		Telefonica Emisiones SAU		3.192		04/27/18		407,367
	2,020,000		Telefonica Emisiones SAU		5.134		04/27/20		2,145,965
	500,000		Telefonica Emisiones SAU		4.570		04/27/23		493,043
	100,000		Telefonos de Mexico SAB de C.V.		5.500		01/27/15		104,200
	100,000		Telefonos de Mexico SAB de C.V.		5.500		11/15/19		109,250
	850,000		Verizon Communications, Inc		5.550		02/15/16		929,579
	2,500,000		Verizon Communications, Inc		2.500		09/15/16		2,585,090
	300,000		Verizon Communications, Inc		1.100		11/01/17		291,871
	1,140,000		Verizon Communications, Inc		5.500		02/15/18		1,287,925
	1,900,000		Verizon Communications, Inc		3.650		09/14/18		2,011,272
	143,000		Verizon Communications, Inc		8.750		11/01/18		182,979
	700,000		Verizon Communications, Inc		6.350		04/01/19		822,773
	2,500,000		Verizon Communications, Inc		4.500		09/15/20		2,676,415
	950,000		Verizon Communications, Inc		3.500		11/01/21		943,167
	500,000		Verizon Communications, Inc		2.450		11/01/22		442,622
	2,250,000		Verizon Communications, Inc		5.150		09/15/23		2,415,807
	1,550,000		Verizon Communications, Inc		6.400		09/15/33		1,782,688
	380,000		Verizon Communications, Inc		6.250		04/01/37		421,102
	620,000		Verizon Communications, Inc		6.400		02/15/38		696,240
	300,000		Verizon Communications, Inc		6.000		04/01/41		329,380
	1,150,000		Verizon Communications, Inc		4.750		11/01/41		1,075,072
	1,425,000		Verizon Communications, Inc		3.850		11/01/42		1,163,946
	3,775,000		Verizon Communications, Inc		6.550		09/15/43		4,416,595
	303,000		Vodafone Group plc		5.625		02/27/17		338,961
	250,000		Vodafone Group plc		1.625		03/20/17		249,911
	500,000		Vodafone Group plc		1.250		09/26/17		488,590
	400,000		Vodafone Group plc		1.500		02/19/18		389,995
	1,500,000		Vodafone Group plc		5.450		06/10/19		1,705,110
	650,000		Vodafone Group plc		4.375		03/16/21		675,164
	500,000		Vodafone Group plc		2.500		09/26/22		441,573
	400,000		Vodafone Group plc		2.950		02/19/23		364,804
	150,000		Vodafone Group plc		6.150		02/27/37		162,565
	400,000		Vodafone Group plc		4.375		02/19/43		345,651
			TOTAL TELECOMMUNICATION SERVICES						65,909,127
TRANSPORTATION - 0.6%
	100,000		ABB Finance USA, Inc		1.625		05/08/17		99,801
	500,000		ABB Finance USA, Inc		2.875		05/08/22		472,465
	150,000		ABB Finance USA, Inc		4.375		05/08/42		137,461
	400,000	g	American Airlines		4.950		01/15/23		417,000
	500,000	g	American Airlines		4.000		07/15/25		483,750
	200,000		Boeing Capital Corp		2.125		08/15/16		206,354

75

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	700,000		Boeing Capital Corp		2.900	%	08/15/18	$	728,218
	625,000		Boeing Co		0.950		05/15/18		599,309
	750,000		Boeing Co		3.750		11/20/16		807,869
	350,000		Boeing Co		5.875		02/15/40		415,326
	555,000		Burlington Northern Santa Fe Corp		4.700		10/01/19		608,841
	360,000		Burlington Northern Santa Fe Corp		5.750		05/01/40		395,061
	500,000		Burlington Northern Santa Fe LLC		4.100		06/01/21		513,638
	300,000		Burlington Northern Santa Fe LLC		3.050		03/15/22		284,350
	150,000		Burlington Northern Santa Fe LLC		3.050		09/01/22		140,639
	200,000		Burlington Northern Santa Fe LLC		3.000		03/15/23		186,252
	500,000		Burlington Northern Santa Fe LLC		3.850		09/01/23		491,820
	250,000		Burlington Northern Santa Fe LLC		5.050		03/01/41		247,978
	200,000		Burlington Northern Santa Fe LLC		4.400		03/15/42		178,215
	200,000		Burlington Northern Santa Fe LLC		4.450		03/15/43		181,342
	500,000		Burlington Northern Santa Fe LLC		5.150		09/01/43		507,942
	200,000		Canadian National Railway Co		5.550		05/15/18		227,065
	200,000		Canadian National Railway Co		5.550		03/01/19		229,502
	100,000		Canadian National Railway Co		2.850		12/15/21		96,157
	300,000		Canadian National Railway Co		2.250		11/15/22		268,937
	200,000		Canadian National Railway Co		6.900		07/15/28		255,115
	200,000		Canadian National Railway Co		6.250		08/01/34		236,626
	250,000		Canadian National Railway Co		3.500		11/15/42		201,677
	100,000		Canadian National Railway Co		4.500		11/07/43		96,571
	200,000		Canadian Pacific Railway Co		7.250		05/15/19		242,209
	200,000		Canadian Pacific Railway Co		7.125		10/15/31		240,516
	250,000		Canadian Pacific Railway Co		5.950		05/15/37		273,923
	100,000		Canadian Pacific Railway Ltd		5.750		01/15/42		107,527
	200,000		Carnival Corp		1.875		12/15/17		198,707
	200,000		Carnival Corp		3.950		10/15/20		200,154
	428,206		Continental Airlines, Inc		4.750		01/12/21		454,968
	29,239		Continental Airlines, Inc		5.983		04/19/22		31,943
	200,000		Continental Airlines, Inc		4.000		10/29/24		199,000
	100,000		Con-Way, Inc		7.250		01/15/18		114,939
	850,000		CSX Corp		7.375		02/01/19		1,031,229
	125,000		CSX Corp		3.700		11/01/23		120,925
	100,000		CSX Corp		6.000		10/01/36		109,531
	200,000		CSX Corp		6.150		05/01/37		223,313
	400,000		CSX Corp		5.500		04/15/41		420,670
	350,000		CSX Corp		4.400		03/01/43		310,825
	100,000		CSX Corp		4.100		03/15/44		84,740
	381,383		Delta Air Lines, Inc		5.300		04/15/19		415,708
	185,986		Delta Air Lines, Inc		4.750		05/07/20		199,005
	184,000	g	Embraer Overseas Ltd		5.696		09/16/23		184,000
	100,000		Embraer S.A.		5.150		06/15/22		100,000
	134,000		FedEx Corp		8.000		01/15/19		166,527
	200,000		FedEx Corp		2.625		08/01/22		180,796
	200,000		FedEx Corp		2.700		04/15/23		179,768
	200,000		FedEx Corp		3.875		08/01/42		164,259
	350,000		FedEx Corp		4.100		04/15/43		297,768
	100,000		GATX Corp		3.500		07/15/16		104,281
	100,000		GATX Corp		2.375		07/30/18		100,165
	200,000		GATX Corp		2.500		03/15/19		198,301

76

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	125,000		GATX Corp		4.750	%	06/15/22	$	127,123
	100,000		GATX Corp		3.900		03/30/23		94,731
	250,000		Hawaiian Airlines Pass Through Certificates		3.900		01/15/26		232,188
	100,000		Kansas City Southern de Mexico S.A. de C.V.		3.000		05/15/23		90,887
	100,000	g	Kansas City Southern Railway		4.300		05/15/43		87,267
	210,000		Norfolk Southern Corp		5.750		04/01/18		239,257
	100,000		Norfolk Southern Corp		3.250		12/01/21		96,897
	250,000		Norfolk Southern Corp		3.000		04/01/22		236,191
	1,291,000		Norfolk Southern Corp		2.903		02/15/23		1,192,470
	200,000		Norfolk Southern Corp		3.850		01/15/24		196,452
	81,000		Norfolk Southern Corp		5.590		05/17/25		88,517
	16,000		Norfolk Southern Corp		4.837		10/01/41		15,275
	750,000		Norfolk Southern Corp		3.950		10/01/42		631,059
	200,000		Norfolk Southern Corp		4.800		08/15/43		193,696
	250,000		Northrop Grumman Corp		1.750		06/01/18		243,890
	650,000		Northrop Grumman Corp		3.500		03/15/21		646,058
	400,000		Northrop Grumman Corp		3.250		08/01/23		373,102
	100,000		Northrop Grumman Corp		5.050		11/15/40		98,192
	400,000		Northrop Grumman Corp		4.750		06/01/43		379,072
	350,000		Ryder System, Inc		3.150		03/02/15		358,544
	50,000		Ryder System, Inc		3.600		03/01/16		52,165
	150,000		Ryder System, Inc		2.500		03/01/17		152,605
	150,000		Ryder System, Inc		2.500		03/01/18		150,950
	200,000		Ryder System, Inc		2.450		11/15/18		197,855
	325,000		Southwest Airlines Co		5.250		10/01/14		335,378
	331,000		Union Pacific Corp		4.163		07/15/22		340,528
	500,000		Union Pacific Corp		2.950		01/15/23		462,110
	277,000	g	Union Pacific Corp		3.646		02/15/24		267,649
	100,000		Union Pacific Corp		4.750		09/15/41		96,924
	100,000		Union Pacific Corp		4.300		06/15/42		90,488
	150,000		Union Pacific Corp		4.250		04/15/43		133,529
	250,000		Union Pacific Corp		4.750		12/15/43		243,530
	200,000	g	Union Pacific Corp		4.821		02/01/44		193,703
	300,000		United Airlines Pass Through Trust		4.300		08/15/25		305,250
	42,000		United Parcel Service, Inc		3.875		04/01/14		42,347
	100,000		United Parcel Service, Inc		1.125		10/01/17		98,509
	100,000		United Parcel Service, Inc		5.500		01/15/18		114,390
	300,000		United Parcel Service, Inc		5.125		04/01/19		341,220
	1,105,000		United Parcel Service, Inc		3.125		01/15/21		1,106,326
	200,000		United Parcel Service, Inc		2.450		10/01/22		183,783
	35,000		United Parcel Service, Inc		6.200		01/15/38		42,541
	450,000		United Parcel Service, Inc		3.625		10/01/42		378,827
	199,314		US Airways Pass Through Trust		4.625		06/03/25		202,303
	300,000		US Airways Pass Through Trust		3.950		11/15/25		291,750
			TOTAL TRANSPORTATION						27,816,506
UTILITIES - 2.0%
	370,000		AGL Capital Corp		5.250		08/15/19		414,021
	275,000		AGL Capital Corp		4.400		06/01/43		247,956
	200,000		Alabama Power Co		0.550		10/15/15		199,526
	475,000		Alabama Power Co		3.550		12/01/23		466,194
	300,000		Alabama Power Co		5.200		06/01/41		318,418

77

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	200,000		Alabama Power Co		3.850	%	12/01/42	$	170,597
	60,000		Alliant Energy Corp		4.000		10/15/14		61,573
	100,000		Ameren Corp		8.875		05/15/14		102,868
	600,000		Ameren Illinois Co		2.700		09/01/22		561,569
	100,000		Ameren Illinois Co		4.800		12/15/43		100,873
	500,000		American Water Capital Corp		3.850		03/01/24		493,968
	125,000		American Water Capital Corp		4.300		12/01/42		113,557
	50,000		Appalachian Power Co		3.400		05/24/15		51,595
	140,000		Appalachian Power Co		7.000		04/01/38		169,098
	150,000		Arizona Public Service Co		8.750		03/01/19		190,648
	350,000		Arizona Public Service Co		4.500		04/01/42		335,142
	60,000		Atmos Energy Corp		4.950		10/15/14		61,984
	100,000		Atmos Energy Corp		8.500		03/15/19		128,146
	100,000		Atmos Energy Corp		5.500		06/15/41		108,286
	125,000		Atmos Energy Corp		4.150		01/15/43		112,434
	100,000		Baltimore Gas & Electric Co		3.500		11/15/21		99,278
	400,000		Baltimore Gas & Electric Co		3.350		07/01/23		384,042
	200,000		Black Hills Corp		4.250		11/30/23		199,097
	785,000		Carolina Power & Light Co		5.300		01/15/19		892,875
	350,000		Carolina Power & Light Co		3.000		09/15/21		342,767
	150,000		Carolina Power & Light Co		2.800		05/15/22		142,902
	100,000		Carolina Power & Light Co		4.100		05/15/42		92,343
	300,000		Carolina Power & Light Co		4.100		03/15/43		276,701
	100,000		CenterPoint Energy Houston Electric LLC		2.250		08/01/22		90,418
	100,000		CenterPoint Energy Houston Electric LLC		6.950		03/15/33		128,467
	100,000		CenterPoint Energy Houston Electric LLC		3.550		08/01/42		82,086
	423,000		CenterPoint Energy Resources Corp		4.500		01/15/21		451,183
	203,000		Cleco Power LLC		6.000		12/01/40		221,853
	100,000		CMS Energy Corp		4.700		03/31/43		93,303
	500,000		Commonwealth Edison Co		1.950		09/01/16		510,656
	775,000		Commonwealth Edison Co		4.000		08/01/20		823,042
	387,000		Commonwealth Edison Co		5.900		03/15/36		442,129
	200,000		Commonwealth Edison Co		3.800		10/01/42		170,507
	300,000		Commonwealth Edison Co		4.600		08/15/43		290,790
	210,000		Connecticut Light & Power Co		5.500		02/01/19		240,552
	200,000		Connecticut Light & Power Co		2.500		01/15/23		182,786
	60,000		Consolidated Edison Co of New York, Inc		6.650		04/01/19		71,884
	1,390,000		Consolidated Edison Co of New York, Inc		4.450		06/15/20		1,502,655
	325,000		Consolidated Edison Co of New York, Inc		5.700		06/15/40		368,820
	200,000		Consolidated Edison Co of New York, Inc		4.200		03/15/42		183,142
	550,000		Consolidated Edison Co of New York, Inc		3.950		03/01/43		485,259
	105,000		Consolidated Natural Gas Co		5.000		12/01/14		109,321
	480,000		Constellation Energy Group, Inc		4.550		06/15/15		503,869
	800,000		Consumers Energy Co		5.500		08/15/16		891,979
	230,000		Consumers Energy Co		6.125		03/15/19		271,317
	150,000		Consumers Energy Co		2.850		05/15/22		142,917
	200,000		Consumers Energy Co		3.375		08/15/23		194,683
	250,000		Consumers Energy Co		3.950		05/15/43		220,839
	300,000	g	Dayton Power & Light Co		1.875		09/15/16		302,451
	200,000		Delmarva Power & Light Co		3.500		11/15/23		196,619
	400,000		Detroit Edison Co		3.450		10/01/20		409,533
	100,000		Detroit Edison Co		2.650		06/15/22		93,787

78

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	100,000		Detroit Edison Co		3.950	%	06/15/42	$	88,369
	200,000	g	Dominion Gas Holdings LLC		3.550		11/01/23		192,644
	200,000	g	Dominion Gas Holdings LLC		4.800		11/01/43		193,369
	360,000		Dominion Resources, Inc		5.150		07/15/15		383,053
	100,000		Dominion Resources, Inc		1.400		09/15/17		98,199
	1,700,000		Dominion Resources, Inc		4.450		03/15/21		1,802,396
	500,000		Dominion Resources, Inc		2.750		09/15/22		462,604
	200,000		Dominion Resources, Inc		5.950		06/15/35		220,764
	100,000		Dominion Resources, Inc		4.050		09/15/42		84,725
	200,000		DTE Electric Co		3.650		03/15/24		198,545
	200,000		DTE Electric Co		4.000		04/01/43		178,006
	200,000		DTE Energy Co		3.850		12/01/23		197,465
	125,000		Duke Energy Carolinas LLC		4.300		06/15/20		134,041
	500,000		Duke Energy Carolinas LLC		4.000		09/30/42		451,303
	500,000		Duke Energy Corp		2.100		06/15/18		497,129
	746,000		Duke Energy Corp		5.050		09/15/19		828,182
	300,000		Duke Energy Corp		3.050		08/15/22		284,954
	300,000		Duke Energy Corp		3.950		10/15/23		300,087
	250,000		Duke Energy Indiana, Inc		4.200		03/15/42		230,753
	200,000		Duke Energy Indiana, Inc		4.900		07/15/43		207,167
	500,000		Duke Energy Ohio, Inc		3.800		09/01/23		499,751
	200,000		El Paso Natural Gas Co		5.950		04/15/17		222,373
	100,000		Enbridge, Inc		5.600		04/01/17		110,798
	300,000		Enbridge, Inc		4.000		10/01/23		294,621
	150,000		Energen Corp		4.625		09/01/21		146,860
	400,000		Energy Transfer Partners LP		6.125		02/15/17		444,906
	44,000		Energy Transfer Partners LP		9.700		03/15/19		56,969
	500,000		Energy Transfer Partners LP		4.650		06/01/21		514,321
	200,000		Energy Transfer Partners LP		5.200		02/01/22		210,559
	200,000		Energy Transfer Partners LP		3.600		02/01/23		185,208
	500,000		Energy Transfer Partners LP		4.900		02/01/24		507,587
	140,000		Energy Transfer Partners LP		7.500		07/01/38		164,260
	450,000		Energy Transfer Partners LP		6.500		02/01/42		483,639
	200,000		Energy Transfer Partners LP		5.150		02/01/43		182,745
	200,000		Energy Transfer Partners LP		5.950		10/01/43		202,903
	100,000		Enersis S.A.		7.375		01/15/14		100,190
	125,000		Entergy Arkansas, Inc		3.750		02/15/21		127,696
	300,000		Entergy Arkansas, Inc		3.050		06/01/23		279,712
	200,000		Entergy Corp		3.625		09/15/15		206,306
	200,000		Entergy Corp		5.125		09/15/20		211,223
	150,000		Entergy Louisiana LLC		1.875		12/15/14		151,998
	200,000		Entergy Louisiana LLC		4.050		09/01/23		203,099
	225,000		Entergy Texas, Inc		7.125		02/01/19		264,510
	75,000		Exelon Corp		4.900		06/15/15		79,073
	400,000		Exelon Generation Co LLC		5.200		10/01/19		431,069
	200,000		Exelon Generation Co LLC		4.250		06/15/22		191,680
	371,000		Exelon Generation Co LLC		5.600		06/15/42		346,321
	400,000		Florida Power & Light Co		2.750		06/01/23		374,405
	247,000		Florida Power & Light Co		4.950		06/01/35		258,862
	400,000		Florida Power & Light Co		5.250		02/01/41		433,818
	100,000		Florida Power & Light Co		4.125		02/01/42		92,035
	200,000		Florida Power & Light Co		4.050		06/01/42		182,801

79

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	450,000		Florida Power & Light Co		3.800	%	12/15/42	$	393,041
	29,000		Florida Power Corp		5.650		06/15/18		33,237
	700,000		Florida Power Corp		3.100		08/15/21		688,964
	165,000		Florida Power Corp		6.400		06/15/38		203,437
	300,000		Florida Power Corp		3.850		11/15/42		262,720
	690,000		FPL Group Capital, Inc		2.600		09/01/15		708,324
	300,000		Georgia Power Co		0.625		11/15/15		299,784
	900,000		Georgia Power Co		5.700		06/01/17		1,014,457
	177,000		Georgia Power Co		5.950		02/01/39		195,610
	200,000		Georgia Power Co		4.300		03/15/43		179,600
	200,000		Great Plains Energy, Inc		4.850		06/01/21		210,728
	200,000	i	Great Plains Energy, Inc		5.292		06/15/22		214,576
	80,000		Indiana Michigan Power Co		7.000		03/15/19		95,143
	200,000		Indiana Michigan Power Co		3.200		03/15/23		186,959
	70,000		Integrys Energy Group, Inc		4.170		11/01/20		72,583
	100,000		Interstate Power & Light Co		6.250		07/15/39		117,996
	200,000		Interstate Power & Light Co		4.700		10/15/43		197,304
	200,000		ITC Holdings Corp		4.050		07/01/23		196,047
	225,000		Kansas City Power & Light Co		3.150		03/15/23		208,652
	100,000		Kansas City Power & Light Co		5.300		10/01/41		100,065
	20,000	g	Kansas Gas & Electric		6.700		06/15/19		23,966
	175,000		Kentucky Utilities Co		4.650		11/15/43		174,293
	250,000		KeySpan Corp		5.803		04/01/35		262,784
	150,000		Kinder Morgan Energy Partners LP		3.500		03/01/16		156,895
	400,000		Kinder Morgan Energy Partners LP		5.950		02/15/18		454,558
	300,000		Kinder Morgan Energy Partners LP		2.650		02/01/19		296,673
	500,000		Kinder Morgan Energy Partners LP		9.000		02/01/19		635,272
	100,000		Kinder Morgan Energy Partners LP		5.800		03/01/21		111,068
	1,200,000		Kinder Morgan Energy Partners LP		3.950		09/01/22		1,169,352
	350,000		Kinder Morgan Energy Partners LP		3.450		02/15/23		325,094
	200,000		Kinder Morgan Energy Partners LP		3.500		09/01/23		183,637
	300,000		Kinder Morgan Energy Partners LP		4.150		02/01/24		290,241
	535,000		Kinder Morgan Energy Partners LP		6.500		09/01/39		586,536
	300,000		Kinder Morgan Energy Partners LP		5.625		09/01/41		299,144
	200,000		Kinder Morgan Energy Partners LP		5.000		08/15/42		184,712
	500,000		Kinder Morgan Energy Partners LP		5.000		03/01/43		461,476
	320,000		LG&E and KU Energy LLC		3.750		11/15/20		323,747
	125,000		Louisville Gas & Electric Co		4.650		11/15/43		124,097
	400,000		MidAmerican Energy Co		4.650		10/01/14		412,506
	200,000		MidAmerican Energy Co		2.400		03/15/19		201,401
	200,000		MidAmerican Energy Co		3.700		09/15/23		199,093
	200,000		MidAmerican Energy Co		4.800		09/15/43		203,337
	350,000		Midamerican Energy Holdings Co		5.750		04/01/18		399,523
	1,032,000		Midamerican Energy Holdings Co		5.950		05/15/37		1,129,281
	300,000		Midamerican Energy Holdings Co		6.500		09/15/37		348,462
	200,000	g	MidAmerican Energy Holdings Co		1.100		05/15/17		198,918
	200,000	g	MidAmerican Energy Holdings Co		2.000		11/15/18		196,922
	200,000	g	MidAmerican Energy Holdings Co		3.750		11/15/23		195,059
	200,000	g	MidAmerican Energy Holdings Co		5.150		11/15/43		201,666
	750,000		Mississippi Power Co		4.250		03/15/42		650,639
	100,000		National Fuel Gas Co		4.900		12/01/21		104,043
	200,000		National Fuel Gas Co		3.750		03/01/23		188,748

80

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	820,000	Nevada Power Co		6.500	%	08/01/18	$	970,923
	45,000	Nevada Power Co		7.125		03/15/19		54,753
	230,000	Nevada Power Co		5.375		09/15/40		246,339
	700,000	NextEra Energy Capital Holdings, Inc		1.200		06/01/15		703,587
	500,000	NextEra Energy Capital Holdings, Inc		4.500		06/01/21		515,695
	235,000	NiSource Finance Corp		5.400		07/15/14		240,778
	350,000	NiSource Finance Corp		6.400		03/15/18		402,787
	150,000	NiSource Finance Corp		6.125		03/01/22		166,314
	400,000	NiSource Finance Corp		3.850		02/15/23		384,897
	100,000	NiSource Finance Corp		5.950		06/15/41		104,196
	200,000	NiSource Finance Corp		5.250		02/15/43		194,368
	150,000	NiSource Finance Corp		4.800		02/15/44		135,340
	300,000	NiSource Finance Corp		5.650		02/01/45		307,303
	300,000	Northeast Utilities		2.800		05/01/23		274,266
	150,000	Northern States Power Co		2.150		08/15/22		134,986
	300,000	Northern States Power Co		2.600		05/15/23		275,512
	425,000	Northern States Power Co		5.350		11/01/39		466,387
	200,000	Northern States Power Co		3.400		08/15/42		160,796
	150,000	NSTAR Electric Co		5.625		11/15/17		169,916
	200,000	NSTAR Electric Co		2.375		10/15/22		181,604
	500,000	Oglethorpe Power Corp		4.200		12/01/42		436,075
	250,000	Ohio Edison Co		8.250		10/15/38		360,291
	600,000	Ohio Power Co		5.375		10/01/21		669,422
	100,000	Oklahoma Gas & Electric Co		5.250		05/15/41		106,100
	400,000	Oklahoma Gas & Electric Co		3.900		05/01/43		343,927
	220,000	Oncor Electric Delivery Co LLC		6.375		01/15/15		232,102
	200,000	Oncor Electric Delivery Co LLC		6.800		09/01/18		235,045
	150,000	Oncor Electric Delivery Co LLC		4.100		06/01/22		150,677
	70,000	Oncor Electric Delivery Co LLC		7.250		01/15/33		87,945
	100,000	Oncor Electric Delivery Co LLC		5.250		09/30/40		102,985
	550,000	Oncor Electric Delivery Co LLC		4.550		12/01/41		517,292
	150,000	Oncor Electric Delivery Co LLC		5.300		06/01/42		155,968
	250,000	ONEOK Partners LP		3.250		02/01/16		259,937
	100,000	ONEOK Partners LP		2.000		10/01/17		99,511
	200,000	ONEOK Partners LP		3.200		09/15/18		204,504
	400,000	ONEOK Partners LP		3.375		10/01/22		373,924
	200,000	ONEOK Partners LP		5.000		09/15/23		207,685
	130,000	ONEOK Partners LP		6.650		10/01/36		143,061
	250,000	ONEOK Partners LP		6.850		10/15/37		284,496
	100,000	ONEOK Partners LP		6.125		02/01/41		105,896
	150,000	ONEOK, Inc		4.250		02/01/22		141,110
	150,000	ONEOK, Inc		6.000		06/15/35		140,316
	355,000	Pacific Gas & Electric Co		8.250		10/15/18		443,990
	400,000	Pacific Gas & Electric Co		3.250		06/15/23		379,432
	175,000	Pacific Gas & Electric Co		3.850		11/15/23		174,059
	420,000	Pacific Gas & Electric Co		6.050		03/01/34		481,108
	600,000	Pacific Gas & Electric Co		5.400		01/15/40		637,903
	400,000	Pacific Gas & Electric Co		4.500		12/15/41		376,073
	150,000	Pacific Gas & Electric Co		3.750		08/15/42		125,117
	400,000	Pacific Gas & Electric Co		4.600		06/15/43		381,693
	200,000	Pacific Gas & Electric Co		5.125		11/15/43		206,531
	250,000	PacifiCorp		2.950		02/01/22		240,295

81

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	PacifiCorp		2.950	%	06/01/23	$	187,623
	850,000	PacifiCorp		6.000		01/15/39		984,694
	150,000	PECO Energy Co		2.375		09/15/22		136,315
	200,000	PECO Energy Co		4.800		10/15/43		203,333
	165,000	Pepco Holdings, Inc		2.700		10/01/15		169,190
	350,000	PG&E Corp		5.750		04/01/14		354,319
	200,000	Piedmont Natural Gas Co, Inc		4.650		08/01/43		195,438
	65,000	Potomac Electric Power Co		7.900		12/15/38		91,762
	200,000	Potomac Electric Power Co		4.150		03/15/43		182,764
	100,000	PPL Capital Funding, Inc		1.900		06/01/18		97,647
	300,000	PPL Capital Funding, Inc		4.200		06/15/22		299,450
	200,000	PPL Capital Funding, Inc		3.500		12/01/22		188,882
	400,000	PPL Capital Funding, Inc		3.400		06/01/23		372,197
	200,000	PPL Electric Utilities Corp		2.500		09/01/22		184,373
	300,000	PPL Electric Utilities Corp		4.750		07/15/43		300,237
	200,000	PPL Energy Supply LLC		6.200		05/15/16		219,979
	225,000	PPL Energy Supply LLC		6.500		05/01/18		250,289
	100,000	PPL Energy Supply LLC		4.600		12/15/21		96,095
	300,000	Progress Energy, Inc		3.150		04/01/22		288,858
	900,000	Progress Energy, Inc		7.750		03/01/31		1,158,980
	200,000	PSEG Power LLC		5.320		09/15/16		220,056
	100,000	PSEG Power LLC		2.450		11/15/18		98,702
	335,000	Public Service Co of Colorado		5.500		04/01/14		339,232
	150,000	Public Service Co of Colorado		2.250		09/15/22		135,977
	200,000	Public Service Co of Colorado		2.500		03/15/23		182,073
	150,000	Public Service Co of Colorado		3.600		09/15/42		125,283
	200,000	Public Service Co of New Hampshire		3.500		11/01/23		195,824
	520,000	Public Service Co of Oklahoma		5.150		12/01/19		576,089
	100,000	Public Service Co of Oklahoma		4.400		02/01/21		105,817
	150,000	Public Service Co of Oklahoma		6.625		11/15/37		173,478
	220,000	Public Service Electric & Gas Co		5.300		05/01/18		248,620
	200,000	Public Service Electric & Gas Co		2.300		09/15/18		201,634
	400,000	Public Service Electric & Gas Co		2.375		05/15/23		359,667
	200,000	Public Service Electric & Gas Co		3.750		03/15/24		200,737
	410,000	Public Service Electric & Gas Co		5.375		11/01/39		447,556
	200,000	Public Service Electric & Gas Co		3.950		05/01/42		178,218
	100,000	Public Service Electric & Gas Co		3.650		09/01/42		84,321
	200,000	Public Service Electric & Gas Co		3.800		01/01/43		173,229
	250,000	Puget Sound Energy, Inc		5.757		10/01/39		283,321
	100,000	Puget Sound Energy, Inc		4.434		11/15/41		95,217
	100,000	Questar Corp		2.750		02/01/16		103,036
	150,000	San Diego Gas & Electric Co		3.000		08/15/21		147,826
	400,000	San Diego Gas & Electric Co		3.600		09/01/23		399,801
	305,000	San Diego Gas & Electric Co		5.350		05/15/40		338,478
	100,000	San Diego Gas & Electric Co		3.950		11/15/41		90,209
	300,000	SCANA Corp		4.750		05/15/21		307,370
	100,000	SCANA Corp		4.125		02/01/22		97,113
	250,000	Scottish Power Ltd		5.810		03/15/25		262,677
	600,000	Sempra Energy		2.000		03/15/14		601,854
	200,000	Sempra Energy		2.300		04/01/17		202,591
	150,000	Sempra Energy		2.875		10/01/22		138,109
	500,000	Sempra Energy		4.050		12/01/23		493,717

82

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	260,000		Sempra Energy		6.000	%	10/15/39	$	285,600
	125,000		Sierra Pacific Power Co		3.375		08/15/23		120,694
	50,000		South Carolina Electric & Gas Co		5.300		05/15/33		53,488
	125,000		South Carolina Electric & Gas Co		5.450		02/01/41		136,336
	250,000		South Carolina Electric & Gas Co		4.350		02/01/42		232,200
	300,000		South Carolina Electric & Gas Co		4.600		06/15/43		293,135
	500,000		Southaven Combined Cycle Generation LLC		3.846		08/15/33		483,946
	100,000		Southern California Edison Co		5.000		01/15/16		108,254
	250,000		Southern California Edison Co		5.500		08/15/18		286,187
	280,000		Southern California Edison Co		3.875		06/01/21		294,155
	400,000		Southern California Edison Co		3.500		10/01/23		392,020
	185,000		Southern California Edison Co		6.050		03/15/39		217,229
	300,000		Southern California Edison Co		4.500		09/01/40		291,144
	500,000		Southern California Edison Co		3.900		12/01/41		442,059
	200,000		Southern California Edison Co		4.050		03/15/42		181,099
	500,000		Southern California Edison Co		3.900		03/15/43		440,769
	150,000		Southern California Gas Co		3.750		09/15/42		132,296
	200,000		Southern Co		2.375		09/15/15		204,678
	100,000		Southern Co		1.950		09/01/16		102,052
	300,000		Southern Co		2.450		09/01/18		304,553
	108,000	g	Southern Natural Gas Co		5.900		04/01/17		121,033
	550,000		Southern Natural Gas Co		4.400		06/15/21		563,458
	100,000		Southern Natural Gas Co		8.000		03/01/32		127,867
	250,000		Southwest Gas Corp		3.875		04/01/22		252,039
	250,000		Southwestern Electric Power Co		5.550		01/15/17		274,628
	400,000		Southwestern Electric Power Co		6.200		03/15/40		435,943
	600,000		Southwestern Public Service Co		4.500		08/15/41		577,487
	60,000		Spectra Energy Capital LLC		6.200		04/15/18		67,696
	450,000		Spectra Energy Capital LLC		8.000		10/01/19		536,023
	600,000		Spectra Energy Capital LLC		3.300		03/15/23		531,370
	200,000		Spectra Energy Partners LP		2.950		09/25/18		202,725
	200,000		Spectra Energy Partners LP		4.750		03/15/24		203,881
	200,000		Spectra Energy Partners LP		5.950		09/25/43		213,809
	150,000		System Energy Resources, Inc		4.100		04/01/23		146,540
	200,000		Tampa Electric Co		5.400		05/15/21		225,091
	100,000		Tampa Electric Co		2.600		09/15/22		92,190
	100,000		Tampa Electric Co		4.100		06/15/42		89,986
	200,000		TECO Finance, Inc		5.150		03/15/20		219,340
	200,000		Tennessee Gas Pipeline Co		7.000		10/15/28		235,526
	12,000		Toledo Edison Co		7.250		05/01/20		14,304
	300,000		Toledo Edison Co		6.150		05/15/37		329,863
	770,000		Total Capital S.A.		3.125		10/02/15		803,548
	300,000		Total Capital S.A.		2.125		08/10/18		301,163
	200,000		Total Capital S.A.		4.450		06/24/20		217,862
	100,000		Total Capital S.A.		4.125		01/28/21		105,772
	350,000		TransAlta Corp		6.650		05/15/18		395,233
	300,000		TransAlta Corp		4.500		11/15/22		288,187
	125,000		Transcontinental Gas Pipe Line Co LLC		4.450		08/01/42		111,211
	100,000		Union Electric Co		8.450		03/15/39		150,172
	100,000		Union Electric Co		3.900		09/15/42		87,533
	100,000		United Utilities plc		6.875		08/15/28		107,359
	200,000		Virginia Electric and Power Co		1.200		01/15/18		194,162

83

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	Virginia Electric and Power Co		2.750	%	03/15/23	$	185,949
	350,000	Virginia Electric and Power Co		6.000		05/15/37		408,871
	160,000	Virginia Electric and Power Co		4.000		01/15/43		142,472
	250,000	Virginia Electric and Power Co		4.650		08/15/43		248,996
	500,000	Westar Energy, Inc		4.125		03/01/42		455,710
	450,000	Western Gas Partners LP		4.000		07/01/22		429,489
	225,000	Western Massachusetts Electric Co		3.500		09/15/21		222,658
	35,000	Williams Cos, Inc		7.875		09/01/21		40,359
	175,000	Williams Cos, Inc		3.700		01/15/23		152,741
	300,000	Williams Cos, Inc		7.750		06/15/31		321,666
	245,000	Williams Partners LP		3.800		02/15/15		253,115
	70,000	Williams Partners LP		7.250		02/01/17		80,720
	530,000	Williams Partners LP		5.250		03/15/20		579,541
	600,000	Williams Partners LP		4.000		11/15/21		592,570
	200,000	Williams Partners LP		3.350		08/15/22		185,670
	300,000	Williams Partners LP		4.500		11/15/23		297,962
	300,000	Williams Partners LP		5.800		11/15/43		306,219
	300,000	Wisconsin Electric Power Co		1.700		06/15/18		295,730
	200,000	Wisconsin Electric Power Co		5.625		05/15/33		222,125
	200,000	Wisconsin Electric Power Co		3.650		12/15/42		167,100
	200,000	Wisconsin Power & Light Co		2.250		11/15/22		178,867
	200,000	Wisconsin Public Service Corp		3.671		12/01/42		170,594
	200,000	Wisconsin Public Service Corp		4.752		11/01/44		201,847
	200,000	Xcel Energy, Inc		0.750		05/09/16		198,313
	100,000	Xcel Energy, Inc		4.700		05/15/20		109,748
	100,000	Xcel Energy, Inc		4.800		09/15/41		97,379
		TOTAL UTILITIES						96,220,508
		TOTAL CORPORATE BONDS						1,135,304,516
		(Cost $1,141,137,018)
GOVERNMENT BONDS - 73.6%
AGENCY SECURITIES - 3.8%
	250,000	Federal Agricultural Mortgage Corp (FAMC)		2.375		07/22/15		257,346
	500,000	Federal Farm Credit Bank (FFCB)		0.300		07/18/14		500,408
	2,600,000	FFCB		3.000		09/22/14		2,653,329
	1,600,000	FFCB		1.050		03/28/16		1,620,963
	110,000	Federal Home Loan Bank (FHLB)		5.250		06/18/14		112,590
	200,000	FHLB		0.400		07/02/14		200,250
	7,650,000	FHLB		2.875		06/12/15		7,931,030
	1,000,000	FHLB		5.375		05/18/16		1,113,349
	95,000	FHLB		4.750		12/16/16		106,102
	500,000	FHLB		4.875		05/17/17		564,484
	1,000,000	FHLB		0.750		09/08/17		980,934
	2,745,000	FHLB		5.000		11/17/17		3,132,520
	4,000,000	FHLB		1.625		06/14/19		3,896,080
	5,005,000	FHLB		5.500		07/15/36		5,789,969
	1,740,000	Federal Home Loan Mortgage Corp (FHLMC)		2.500		04/23/14		1,752,869
	5,000,000	FHLMC		1.000		08/27/14		5,029,075
	7,000,000	FHLMC		0.375		08/28/14		7,009,933
	5,000,000	FHLMC		2.875		02/09/15		5,146,225

84

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	108,000		FHLMC		4.375	%	07/17/15	$	114,796
	125,000		FHLMC		4.750		11/17/15		135,108
	132,000		FHLMC		4.750		01/19/16		143,558
	6,213,000		FHLMC		5.250		04/18/16		6,882,587
	127,000		FHLMC		5.500		07/18/16		142,492
	16,736,000		FHLMC		5.125		10/18/16		18,760,186
	9,000,000		FHLMC		2.375		01/13/22		8,603,685
	3,250,000		FHLMC		6.250		07/15/32		4,111,279
	214,000		Federal National Mortgage Association (FNMA)		2.750		02/05/14		214,514
	7,646,000		FNMA		2.750		03/13/14		7,685,484
	4,071,000		FNMA		2.500		05/15/14		4,106,621
	5,415,000		FNMA		3.000		09/16/14		5,525,526
	9,145,000		FNMA		4.625		10/15/14		9,464,554
	14,000,000		FNMA		2.625		11/20/14		14,306,194
	5,000,000		FNMA		2.250		03/15/16		5,185,450
	10,215,000		FNMA		5.000		03/15/16		11,226,980
	150,000		FNMA		5.000		05/11/17		169,446
	4,340,000		FNMA		5.375		06/12/17		4,962,846
	3,000,000		FNMA		1.625		11/27/18		2,974,974
	11,000,000	j	FNMA		0.000		10/09/19		9,353,201
	951,000		FNMA		6.030		10/08/27		1,137,172
	5,000,000		FNMA		6.625		11/15/30		6,503,890
	4,500,000		FNMA		5.625		07/15/37		5,346,715
	815,000		Financing Corp		9.400		02/08/18		1,058,720
	825,000		Financing Corp		9.800		04/06/18		1,093,167
	815,000		Financing Corp		10.350		08/03/18		1,115,348
	450,000		Private Export Funding Corp (PEFCO)		1.375		02/15/17		454,217
	590,000		PEFCO		2.250		12/15/17		607,623
	175,000		PEFCO		1.450		08/15/19		166,454
	400,000		PEFCO		2.050		11/15/22		358,528
	500,000		Hashemite Kingdom of Jordan		2.503		10/30/20		489,722
	300,000		Israel Government AID Bond		5.500		04/26/24		346,610
	300,000		Tennessee Valley Authority		1.750		10/15/18		298,136
	700,000		Tunisia Government AID Bonds		1.686		07/16/19		676,521
			TOTAL AGENCY SECURITIES						181,519,760
FOREIGN GOVERNMENT BONDS - 3.4%
	906,000		Brazilian Government International Bond		5.875		01/15/19		1,014,720
	2,090,000		Brazilian Government International Bond		4.875		01/22/21		2,204,950
	1,300,000		Brazilian Government International Bond		2.625		01/05/23		1,118,000
	1,424,000		Brazilian Government International Bond		4.250		01/07/25		1,356,360
	880,000		Brazilian Government International Bond		7.125		01/20/37		1,007,600
	2,330,000		Brazilian Government International Bond		5.625		01/07/41		2,260,100
	525,000		Canada Government International Bond		2.375		09/10/14		532,780
	850,000		Canada Government International Bond		0.875		02/14/17		850,014
	345,000		Chile Government International Bond		3.875		08/05/20		358,800
	300,000		Chile Government International Bond		2.250		10/30/22		266,250
	300,000		Chile Government International Bond		3.625		10/30/42		235,650
	850,000		China Development Bank		5.000		10/15/15		906,278
	900,000		Colombia Government International Bond		8.250		12/22/14		958,500
	450,000		Colombia Government International Bond		7.375		03/18/19		540,900
	900,000		Colombia Government International Bond		4.375		07/12/21		927,000

85

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	600,000	Colombia Government International Bond		2.625	%	03/15/23	$	525,600
	750,000	Colombia Government International Bond		4.000		02/26/24		723,000
	1,250,000	Colombia Government International Bond		6.125		01/18/41		1,337,500
	500,000	Council of Europe Development Bank		1.000		03/07/18		486,444
	300,000	Development Bank of Japan		5.125		02/01/17		335,919
	50,000	European Bank for Reconstruction & Development		1.625		09/03/15		51,009
	1,500,000	European Bank for Reconstruction & Development		2.500		03/15/16		1,561,605
	1,000,000	European Bank for Reconstruction & Development		1.375		10/20/16		1,015,900
	1,000,000	European Investment Bank		1.500		05/15/14		1,004,620
	4,000,000	European Investment Bank		1.125		04/15/15		4,041,080
	5,000,000	European Investment Bank		1.625		09/01/15		5,104,000
	5,500,000	European Investment Bank		1.375		10/20/15		5,594,710
	4,000,000	European Investment Bank		2.250		03/15/16		4,142,000
	2,200,000	European Investment Bank		1.750		03/15/17		2,249,654
	1,000,000	European Investment Bank		2.875		09/15/20		1,008,453
	1,705,000	European Investment Bank		4.875		02/15/36		1,863,319
	200,000	Export Development Canada		1.500		05/15/14		200,959
	545,000	Export Development Canada		2.250		05/28/15		559,693
	300,000	Export Development Canada		0.500		09/15/15		300,648
	250,000	Export Development Canada		1.250		10/26/16		253,200
	500,000	Export Development Canada		0.625		12/15/16		496,519
	500,000	Export Development Canada		0.750		12/15/17		489,570
	180,000	Export-Import Bank of Korea		8.125		01/21/14		180,670
	250,000	Export-Import Bank of Korea		5.875		01/14/15		262,719
	1,090,000	Export-Import Bank of Korea		4.125		09/09/15		1,145,132
	300,000	Export-Import Bank of Korea		1.250		11/20/15		300,925
	400,000	Export-Import Bank of Korea		3.750		10/20/16		424,740
	200,000	Export-Import Bank of Korea		1.750		02/27/18		194,612
	775,000	Export-Import Bank of Korea		5.125		06/29/20		851,511
	300,000	Export-Import Bank of Korea		5.000		04/11/22		325,648
	1,590,000	Federative Republic of Brazil		6.000		01/17/17		1,761,720
	677,500	Federative Republic of Brazil		8.000		01/15/18		752,025
	100,000	Finland Government International Bond		6.950		02/15/26		127,750
	1,750,000	FMS Wertmanagement AoeR		1.000		11/21/17		1,725,850
	500,000	Hydro Quebec		2.000		06/30/16		513,400
	800,000	Hydro Quebec		1.375		06/19/17		802,713
	270,000	Hydro Quebec		9.400		02/01/21		361,337
	200,000	Hydro Quebec		8.500		12/01/29		285,158
	1,000,000	Inter-American Development Bank		3.000		04/22/14		1,008,361
	1,500,000	Inter-American Development Bank		2.250		07/15/15		1,542,718
	3,000,000	Inter-American Development Bank		1.750		08/24/18		2,992,833
	1,105,000	Inter-American Development Bank		3.875		09/17/19		1,202,141
	700,000	Inter-American Development Bank		3.200		08/07/42		550,978
	1,800,000	International Bank for Reconstruction & Development		1.125		08/25/14		1,807,400
	3,200,000	International Bank for Reconstruction & Development		2.375		05/26/15		3,292,250
	2,100,000	International Bank for Reconstruction & Development		2.125		03/15/16		2,172,897
	950,000	International Bank for Reconstruction & Development		1.000		09/15/16		957,301
	400,000	International Bank for Reconstruction & Development		7.625		01/19/23		539,968
	834,000	International Bank for Reconstruction & Development		4.750		02/15/35		891,562
	30,000	International Finance Corp		3.000		04/22/14		30,259
	1,700,000	International Finance Corp		2.750		04/20/15		1,752,714
	2,750,000	International Finance Corp		1.125		11/23/16		2,769,654

86

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	800,000	Israel Government AID Bond		5.500	%	09/18/23	$	923,630
	400,000	Israel Government International Bond		5.125		03/26/19		455,000
	705,000	Israel Government International Bond		4.000		06/30/22		733,200
	300,000	Israel Government International Bond		3.150		06/30/23		287,250
	300,000	Israel Government International Bond		4.500		01/30/43		265,875
	500,000	Italian Republic		3.125		01/26/15		511,784
	1,200,000	Italian Republic		5.250		09/20/16		1,299,960
	1,374,000	Italian Republic		5.375		06/15/33		1,430,334
	1,500,000	Italy Government International Bond		4.750		01/25/16		1,596,150
	430,000	Italy Government International Bond		5.375		06/12/17		468,700
	1,100,000	Japan Bank for International Cooperation		1.875		09/24/15		1,126,033
	1,900,000	Japan Bank for International Cooperation		1.125		07/19/17		1,888,733
	1,050,000	Japan Bank for International Cooperation		1.750		07/31/18		1,041,477
	300,000	Japan Bank for International Cooperation		3.375		07/31/23		294,753
	600,000	Japan Finance Corp		2.250		07/13/16		621,085
	900,000	Japan Finance Organization for Municipalities		5.000		05/16/17		1,009,845
	600,000	KFW		2.625		01/25/22		585,430
	600,000	Korea Development Bank		8.000		01/23/14		602,464
	475,000	Korea Development Bank		4.375		08/10/15		499,535
	235,000	Korea Development Bank		3.250		03/09/16		244,087
	400,000	Korea Development Bank		3.500		08/22/17		416,984
	300,000	Korea Development Bank		1.500		01/22/18		287,650
	200,000	Korea Development Bank		3.000		09/14/22		187,872
	1,588,000	Mexico Government International Bond		3.625		03/15/22		1,588,000
	4,098,000	Mexico Government International Bond		4.000		10/02/23		4,057,020
	1,400,000	Mexico Government International Bond		6.750		09/27/34		1,652,000
	1,414,000	Mexico Government International Bond		6.050		01/11/40		1,537,725
	1,474,000	Mexico Government International Bond		4.750		03/08/44		1,328,443
	150,000	Mexico Government International Bond		5.750		10/12/10		138,750
	300,000	North American Development Bank		2.400		10/26/22		266,241
	1,100,000	Panama Government International Bond		5.200		01/30/20		1,197,625
	300,000	Panama Government International Bond		7.125		01/29/26		360,000
	692,000	Panama Government International Bond		6.700		01/26/36		773,310
	400,000	Panama Government International Bond		4.300		04/29/53		303,000
	520,000	Peruvian Government International Bond		7.125		03/30/19		628,550
	925,000	Peruvian Government International Bond		7.350		07/21/25		1,165,500
	600,000	Peruvian Government International Bond		6.550		03/14/37		690,000
	500,000	Peruvian Government International Bond		5.625		11/18/50		500,000
	1,250,000	Philippine Government International Bond		8.875		03/17/15		1,361,875
	750,000	Philippine Government International Bond		5.500		03/30/26		826,875
	2,750,000	Philippine Government International Bond		5.000		01/13/37		2,860,000
	380,000	Poland Government International Bond		3.875		07/16/15		397,594
	1,985,000	Poland Government International Bond		6.375		07/15/19		2,319,969
	67,000	Poland Government International Bond		5.125		04/21/21		72,779
	390,000	Poland Government International Bond		5.000		03/23/22		416,813
	490,000	Poland Government International Bond		3.000		03/17/23		446,145
	1,055,000	Province of British Columbia Canada		2.850		06/15/15		1,092,927
	400,000	Province of British Columbia Canada		1.200		04/25/17		401,868
	200,000	Province of British Columbia Canada		2.650		09/22/21		195,254
	800,000	Province of British Columbia Canada		2.000		10/23/22		718,080
	500,000	Province of Manitoba Canada		4.900		12/06/16		557,680
	500,000	Province of Manitoba Canada		1.125		06/01/18		487,995

87

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	500,000		Province of Manitoba Canada		1.750	%	05/30/19	$	489,181
	200,000		Province of New Brunswick Canada		5.200		02/21/17		225,352
	200,000		Province of New Brunswick Canada		2.750		06/15/18		206,870
	255,000		Province of Nova Scotia Canada		2.375		07/21/15		262,163
	50,000		Province of Nova Scotia Canada		5.125		01/26/17		56,103
	200,000		Province of Nova Scotia Canada		8.250		07/30/22		261,933
	2,200,000		Province of Ontario Canada		2.950		02/05/15		2,261,292
	600,000		Province of Ontario Canada		0.950		05/26/15		604,612
	2,690,000		Province of Ontario Canada		2.700		06/16/15		2,778,474
	1,000,000		Province of Ontario Canada		2.300		05/10/16		1,034,600
	300,000		Province of Ontario Canada		1.600		09/21/16		305,751
	1,300,000		Province of Ontario Canada		1.100		10/25/17		1,285,310
	1,000,000		Province of Ontario Canada		1.650		09/27/19		959,800
	230,000		Province of Ontario Canada		4.400		04/14/20		252,356
	800,000		Province of Ontario Canada		2.450		06/29/22		739,816
	40,000		Province of Quebec Canada		4.875		05/05/14		40,624
	385,000		Province of Quebec Canada		5.125		11/14/16		429,853
	1,135,000		Province of Quebec Canada		4.625		05/14/18		1,268,930
	1,120,000		Province of Quebec Canada		3.500		07/29/20		1,162,672
	1,100,000		Province of Quebec Canada		2.625		02/13/23		1,010,400
	200,000		Province of Quebec Canada		7.125		02/09/24		249,692
	201,000		Province of Quebec Canada		7.500		09/15/29		265,784
	100,000		Province of Saskatchewan Canada		8.500		07/15/22		133,929
	200,000		Region of Lombardy Italy		5.804		10/25/32		186,121
	475,000		Republic of Korea		5.750		04/16/14		481,819
	700,000		Republic of Korea		7.125		04/16/19		853,290
	500,000		Republic of Korea		3.875		09/11/23		507,630
	2,500,000		Republic of Philippines		4.000		01/15/21		2,593,750
	800,000		Republic of Turkey		7.500		07/14/17		893,200
	300,000		South Africa Government International Bond		6.500		06/02/14		306,750
	1,010,000		South Africa Government International Bond		6.875		05/27/19		1,155,188
	225,000		South Africa Government International Bond		5.500		03/09/20		239,625
	500,000		South Africa Government International Bond		4.665		01/17/24		478,125
	300,000		South Africa Government International Bond		5.875		09/16/25		312,000
	300,000		South Africa Government International Bond		6.250		03/08/41		310,890
	625,000		Svensk Exportkredit AB		5.125		03/01/17		702,431
	425,000		Svensk Exportkredit AB		1.125		04/05/18		414,604
	4,000,000		Turkey Government International Bond		6.750		04/03/18		4,344,000
	600,000		Turkey Government International Bond		6.250		09/26/22		623,100
	3,500,000		Turkey Government International Bond		3.250		03/23/23		2,878,750
	3,250,000		Turkey Government International Bond		4.875		04/16/43		2,487,875
	519,343		Uruguay Government International Bond		4.500		08/14/24		519,343
	300,000		Uruguay Government International Bond		7.625		03/21/36		363,750
	500,000		Uruguay Government International Bond		4.125		11/20/45		385,000
			TOTAL FOREIGN GOVERNMENT BONDS						161,852,837
MORTGAGE BACKED - 29.1%
	108,517	i	Federal Home Loan Mortgage Corp (FHLMC)		4.951		04/01/35		115,527
	10,585	i	FHLMC		2.250		10/01/35		11,198
	148,669	i	FHLMC		2.427		02/01/36		158,295
	81,984	i	FHLMC		2.564		07/01/36		87,144
	271,725	i	FHLMC		2.259		09/01/36		290,425

88

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	161,107	i	FHLMC		2.368	%	09/01/36	$	172,559
	201,902	i	FHLMC		2.420		09/01/36		214,819
	80,239	i	FHLMC		5.742		01/01/37		84,733
	13,154	i	FHLMC		4.602		02/01/37		13,762
	16,872	i	FHLMC		5.564		02/01/37		17,912
	406,863	i	FHLMC		2.633		03/01/37		434,644
	29,927	i	FHLMC		5.311		03/01/37		31,714
	318,364	i	FHLMC		5.709		04/01/37		330,032
	221,591	i	FHLMC		6.010		04/01/37		234,916
	50,741	i	FHLMC		2.888		05/01/37		54,188
	30,152	i	FHLMC		6.080		05/01/37		31,436
	55,770	i	FHLMC		2.500		06/01/37		59,591
	264,203	i	FHLMC		5.076		06/01/37		282,456
	208,727	i	FHLMC		2.615		08/01/37		220,858
	137,957	i	FHLMC		1.606		09/01/37		145,541
	263,589	i	FHLMC		1.702		09/01/37		274,091
	2,736	i	FHLMC		6.220		09/01/37		2,852
	39,876	i	FHLMC		5.336		02/01/38		42,099
	210,405	i	FHLMC		2.584		04/01/38		224,687
	233,058	i	FHLMC		4.836		04/01/38		245,553
	89,421	i	FHLMC		4.882		06/01/38		94,686
	21,259	i	FHLMC		2.375		07/01/38		22,527
	63,796		FHLMC		5.000		10/01/39		68,785
	65,329	i	FHLMC		3.542		06/01/40		69,459
	399,307	i	FHLMC		3.397		07/01/40		419,445
	415,090	i	FHLMC		2.952		01/01/41		432,192
	55,562	i	FHLMC		2.557		05/01/41		57,676
	1,253,612	i	FHLMC		3.423		08/01/41		1,329,258
	533,716	i	FHLMC		2.927		09/01/41		560,466
	126,573	i	FHLMC		3.112		10/01/41		129,792
	4,883		Federal Home Loan Mortgage Corp Gold (FGLMC)		5.000		07/01/14		5,163
	3,393		FGLMC		7.500		01/01/16		3,431
	38		FGLMC		7.500		05/01/16		40
	36		FGLMC		7.500		06/01/16		37
	16,365		FGLMC		5.500		05/01/17		17,228
	34,073		FGLMC		5.500		06/01/17		36,208
	21,185		FGLMC		5.000		12/01/17		22,427
	15,518		FGLMC		5.500		12/01/17		16,487
	25,926		FGLMC		5.000		03/01/18		27,443
	84,198		FGLMC		5.000		04/01/18		89,135
	69,028		FGLMC		4.500		06/01/18		73,156
	216,349		FGLMC		4.500		09/01/18		229,344
	132,245		FGLMC		4.000		11/01/18		139,568
	229,355		FGLMC		4.500		01/01/19		243,182
	27,788		FGLMC		4.000		05/01/19		29,387
	228,147		FGLMC		4.500		05/01/19		241,841
	472,224		FGLMC		4.500		06/01/19		500,634
	138,690		FGLMC		4.000		10/01/19		146,403
	56,374		FGLMC		5.500		11/01/19		61,051
	415,181		FGLMC		4.500		12/01/19		440,173
	76,431		FGLMC		4.500		01/01/20		81,033
	1,715,233		FGLMC		4.500		02/01/20		1,817,327

89

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	33,052	FGLMC		4.500	%	02/01/20	$	35,827
	360,039	FGLMC		5.000		05/01/20		384,705
	368,988	FGLMC		5.000		05/01/20		390,768
	30,442	FGLMC		4.500		07/01/20		32,999
	345,939	FGLMC		5.000		07/01/20		366,091
	5,872	FGLMC		7.000		10/01/20		6,344
	30,029	FGLMC		5.000		12/01/20		31,880
	1,228,075	FGLMC		4.000		05/01/21		1,296,586
	366,381	FGLMC		4.500		06/01/21		389,200
	649,132	FGLMC		4.500		06/01/21		689,681
	317,329	FGLMC		5.000		07/01/21		336,858
	43,798	FGLMC		5.500		07/01/21		47,639
	4,675,806	FGLMC		3.000		12/01/21		4,841,012
	28,023	FGLMC		5.000		10/01/22		30,267
	24,442	FGLMC		6.000		11/01/22		26,644
	207,564	FGLMC		5.000		04/01/23		224,082
	13,991	FGLMC		4.500		05/01/23		14,998
	311,026	FGLMC		4.500		05/01/23		333,521
	167,575	FGLMC		5.000		05/01/23		180,663
	306,208	FGLMC		5.500		05/01/23		332,244
	44,410	FGLMC		5.000		10/01/23		47,958
	30,768	FGLMC		5.500		10/01/23		33,590
	35,464	FGLMC		5.000		11/01/23		38,227
	74,956	FGLMC		5.000		03/01/24		80,817
	19,305	FGLMC		4.500		04/01/24		20,703
	8,015	FGLMC		4.500		05/01/24		8,598
	57,430	FGLMC		4.500		06/01/24		61,592
	261,438	FGLMC		4.000		07/01/24		276,065
	507,514	FGLMC		4.000		07/01/24		535,971
	108,644	FGLMC		5.500		07/01/24		117,735
	512,202	FGLMC		4.000		08/01/24		540,797
	85,846	FGLMC		4.500		09/01/24		92,084
	36,086	FGLMC		4.500		09/01/24		38,709
	17,908	FGLMC		4.500		09/01/24		19,212
	18,701	FGLMC		5.500		09/01/24		20,561
	629,947	FGLMC		4.000		10/01/24		665,212
	20,092	FGLMC		4.500		10/01/24		21,555
	56,110	FGLMC		4.500		10/01/24		60,666
	22,012	FGLMC		4.500		11/01/24		23,604
	52,439	FGLMC		4.500		12/01/24		56,270
	201,784	FGLMC		5.500		12/01/24		219,111
	40,181	FGLMC		4.500		02/01/25		43,114
	860,517	FGLMC		4.000		03/01/25		908,613
	24,091	FGLMC		4.500		06/01/25		25,830
	48,518	FGLMC		4.500		07/01/25		52,038
	843,594	FGLMC		3.500		10/01/25		880,015
	474,628	FGLMC		4.000		10/01/25		500,919
	1,450,199	FGLMC		3.500		11/01/25		1,512,824
	864,985	FGLMC		3.500		11/01/25		902,338
	399,758	FGLMC		3.500		12/01/25		417,035
	280,325	FGLMC		3.000		01/01/26		285,763
	2,819,894	FGLMC		3.500		01/01/26		2,941,858

90

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	258,030	FGLMC		4.000	%	04/01/26	$	272,664
	522,746	FGLMC		4.000		05/01/26		552,494
	131,778	FGLMC		5.500		07/01/26		144,747
	1,662,901	FGLMC		4.000		08/01/26		1,757,409
	9,203	FGLMC		6.000		08/01/26		10,197
	439,930	FGLMC		3.000		09/01/26		448,466
	1,132,145	FGLMC		3.000		10/01/26		1,154,111
	1,704,709	FGLMC		3.500		10/01/26		1,778,008
	57,871	FGLMC		5.000		10/01/26		62,365
	15,434	FGLMC		5.500		10/01/26		16,955
	6,642,287	FGLMC		3.000		02/01/27		6,771,160
	3,487,753	FGLMC		2.500		05/01/27		3,461,211
	3,509,492	FGLMC		2.500		11/01/27		3,482,049
	194,313	FGLMC		6.000		12/01/27		215,073
	2,722,626	FGLMC		2.500		01/01/28		2,700,612
	7,021,270	FGLMC		2.500		03/01/28		6,965,004
	255,593	FGLMC		5.000		03/01/28		275,771
	3,806,573	FGLMC		2.500		05/01/28		3,775,697
	27,662	FGLMC		5.500		05/01/28		30,218
	9,608,608	FGLMC		2.500		07/01/28		9,530,670
	2,958,009	FGLMC		3.000		10/01/28		3,016,290
	225	FGLMC		6.500		10/01/28		251
	233,840	FGLMC		5.500		01/01/29		256,340
	5,347	FGLMC		6.500		01/01/29		5,953
	38,409	FGLMC		4.000		02/01/29		40,160
	1,566	FGLMC		6.500		03/01/29		1,774
	174,242	FGLMC		4.500		04/01/29		185,524
	17,107	FGLMC		6.500		07/01/29		19,040
	58,220	FGLMC		5.000		12/01/29		63,044
	85,733	FGLMC		4.000		08/01/30		89,668
	498,058	FGLMC		4.500		01/01/31		536,267
	833	FGLMC		8.000		01/01/31		958
	538,284	FGLMC		4.000		03/01/31		563,042
	67,032	FGLMC		4.000		05/01/31		70,128
	549,847	FGLMC		4.500		05/01/31		592,125
	214,274	FGLMC		4.000		06/01/31		224,177
	679,725	FGLMC		4.000		08/01/31		711,063
	619,192	FGLMC		4.000		09/01/31		647,822
	9,746	FGLMC		6.500		09/01/31		10,905
	19,987	FGLMC		8.000		09/01/31		23,118
	293,422	FGLMC		3.500		11/01/31		299,049
	124,218	FGLMC		7.000		12/01/31		141,028
	48,078	FGLMC		6.500		01/01/32		54,744
	108,848	FGLMC		6.000		02/01/32		121,791
	3,956,552	FGLMC		3.000		03/01/32		3,908,321
	43,544	FGLMC		7.000		04/01/32		50,219
	37,693	FGLMC		6.500		05/01/32		42,796
	3,119,772	FGLMC		3.500		09/01/32		3,179,666
	36,981	FGLMC		5.500		11/01/32		40,694
	43,061	FGLMC		6.000		02/01/33		48,194
	156,809	FGLMC		5.000		03/01/33		169,629
	92,253	FGLMC		6.000		03/01/33		101,787

91

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	156,207	FGLMC		6.000	%	03/01/33	$	172,444
	12,747	FGLMC		6.000		03/01/33		14,058
	66,541	FGLMC		5.000		04/01/33		71,919
	17,878	FGLMC		6.000		04/01/33		20,003
	1,247,104	FGLMC		5.000		06/01/33		1,350,131
	375,493	FGLMC		5.500		06/01/33		413,452
	4,905,936	FGLMC		3.500		07/01/33		5,000,343
	141,464	FGLMC		4.500		07/01/33		150,186
	189,806	FGLMC		5.000		08/01/33		206,501
	17,643	FGLMC		5.000		08/01/33		19,102
	44,603	FGLMC		6.500		08/01/33		50,351
	425,429	FGLMC		5.000		09/01/33		468,993
	162,045	FGLMC		5.500		09/01/33		181,231
	207,250	FGLMC		5.500		09/01/33		231,985
	197,991	FGLMC		5.500		09/01/33		221,453
	73,493	FGLMC		5.500		09/01/33		80,952
	70,741	FGLMC		4.000		10/01/33		73,076
	36,077	FGLMC		5.000		10/01/33		39,065
	255,080	FGLMC		5.500		10/01/33		285,288
	275,376	FGLMC		5.500		12/01/33		303,781
	77,105	FGLMC		5.500		12/01/33		84,847
	844,763	FGLMC		7.000		12/01/33		979,454
	743,859	FGLMC		5.000		01/01/34		805,353
	18,708	FGLMC		5.500		02/01/34		20,596
	90,662	FGLMC		5.000		03/01/34		98,142
	116,193	FGLMC		5.500		03/01/34		127,768
	218,500	FGLMC		5.000		05/01/34		236,632
	123,779	FGLMC		4.500		06/01/34		131,382
	282,088	FGLMC		5.000		06/01/34		305,236
	73,954	FGLMC		5.500		06/01/34		81,197
	56,708	FGLMC		6.000		06/01/34		63,552
	166,053	FGLMC		6.000		09/01/34		185,858
	22,222	FGLMC		5.000		11/01/34		24,221
	1,052,633	FGLMC		5.500		11/01/34		1,152,308
	684,963	FGLMC		5.000		12/01/34		741,019
	52,160	FGLMC		5.500		12/01/34		57,661
	125,212	FGLMC		5.500		12/01/34		137,946
	13,647	FGLMC		5.500		01/01/35		14,951
	7,446	FGLMC		5.500		01/01/35		8,160
	53,762	FGLMC		5.500		01/01/35		58,889
	330,724	FGLMC		4.500		04/01/35		350,834
	283,837	FGLMC		6.000		05/01/35		317,114
	46,179	FGLMC		6.000		05/01/35		51,588
	308,903	FGLMC		7.000		05/01/35		350,804
	75,423	FGLMC		5.500		06/01/35		82,651
	45,790	FGLMC		5.500		06/01/35		50,169
	45,592	FGLMC		5.000		07/01/35		49,115
	1,341,983	FGLMC		5.000		07/01/35		1,451,720
	40,305	FGLMC		6.000		07/01/35		44,426
	2,011,354	FGLMC		5.000		08/01/35		2,173,160
	46,180	FGLMC		5.500		08/01/35		50,424
	101,743	FGLMC		6.000		08/01/35		112,153

92

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	28,419	FGLMC		4.500	%	09/01/35	$	30,121
	276,699	FGLMC		5.000		10/01/35		298,477
	196,029	FGLMC		5.000		10/01/35		211,649
	42,488	FGLMC		5.000		10/01/35		45,759
	1,009,187	FGLMC		5.500		10/01/35		1,106,867
	33,369	FGLMC		5.000		12/01/35		36,040
	166,175	FGLMC		5.000		12/01/35		179,200
	87,283	FGLMC		6.000		01/01/36		97,277
	28,174	FGLMC		5.000		02/01/36		30,399
	64,421	FGLMC		5.000		02/01/36		69,579
	35,593	FGLMC		6.000		02/01/36		39,690
	408,376	FGLMC		5.500		04/01/36		450,447
	41,649	FGLMC		5.500		05/01/36		45,638
	4,802	FGLMC		6.500		05/01/36		5,339
	1,339,559	FGLMC		6.000		06/01/36		1,490,905
	261,720	FGLMC		5.000		07/01/36		282,302
	297,309	FGLMC		6.000		07/01/36		332,902
	43,450	FGLMC		6.000		08/01/36		48,186
	36,405	FGLMC		6.000		09/01/36		40,635
	984,713	FGLMC		5.500		10/01/36		1,074,305
	1,483,897	FGLMC		5.500		10/01/36		1,621,153
	130,449	FGLMC		6.500		10/01/36		146,940
	59,355	FGLMC		5.500		11/01/36		64,689
	143,368	FGLMC		6.000		11/01/36		159,298
	788,214	FGLMC		6.000		12/01/36		872,592
	1,236,304	FGLMC		5.500		03/01/37		1,347,415
	437,613	FGLMC		6.000		03/01/37		484,432
	78,251	FGLMC		6.500		03/01/37		86,954
	439,878	FGLMC		5.500		04/01/37		479,412
	56,011	FGLMC		5.000		05/01/37		60,298
	39,160	FGLMC		5.000		06/01/37		42,158
	222,836	FGLMC		5.500		06/01/37		242,864
	799,039	FGLMC		6.000		07/01/37		881,550
	267,352	FGLMC		6.000		08/01/37		297,158
	110,337	FGLMC		6.000		09/01/37		122,942
	1,196,541	FGLMC		5.500		10/01/37		1,312,622
	41,892	FGLMC		6.000		11/01/37		46,205
	356,426	FGLMC		6.500		11/01/37		396,439
	143,602	FGLMC		6.000		01/01/38		158,325
	58,090	FGLMC		6.000		02/01/38		64,045
	524,011	FGLMC		6.000		02/01/38		578,136
	1,871,047	FGLMC		5.000		03/01/38		2,015,148
	565,408	FGLMC		5.000		03/01/38		608,690
	62,518	FGLMC		5.000		04/01/38		68,476
	639,801	FGLMC		5.000		04/01/38		691,143
	926,382	FGLMC		5.500		04/01/38		1,010,981
	227,802	FGLMC		5.500		05/01/38		248,275
	26,031	FGLMC		5.500		06/01/38		28,370
	75,835	FGLMC		6.000		07/01/38		83,588
	879,834	FGLMC		5.500		08/01/38		958,908
	102,897	FGLMC		5.500		08/01/38		112,520
	97,958	FGLMC		5.000		09/01/38		105,493

93

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,359,071	FGLMC		5.500	%	09/01/38	$	1,481,217
	403,195	FGLMC		5.500		09/01/38		439,432
	19,220	FGLMC		5.500		10/01/38		20,952
	498,907	FGLMC		6.000		11/01/38		549,913
	3,384,506	FGLMC		5.500		01/01/39		3,690,031
	2,524,460	FGLMC		4.500		02/01/39		2,671,525
	1,371,812	FGLMC		5.000		02/01/39		1,477,462
	99,365	FGLMC		5.500		02/01/39		108,295
	17,081	FGLMC		4.500		03/01/39		18,076
	466,439	FGLMC		5.000		03/01/39		506,791
	77,664	FGLMC		6.000		03/01/39		85,604
	64,844	FGLMC		4.500		04/01/39		68,973
	2,999,464	FGLMC		4.500		04/01/39		3,190,189
	880,505	FGLMC		4.000		05/01/39		904,847
	10,051,187	FGLMC		4.500		05/01/39		10,674,008
	1,751,259	FGLMC		4.500		05/01/39		1,853,372
	506,336	FGLMC		4.500		05/01/39		536,127
	23,110	FGLMC		4.500		05/01/39		24,473
	457,782	FGLMC		5.000		05/01/39		493,834
	1,111,633	FGLMC		4.000		06/01/39		1,142,203
	5,507,058	FGLMC		4.500		06/01/39		5,829,242
	266,500	FGLMC		4.500		06/01/39		282,259
	116,622	FGLMC		5.000		06/01/39		126,818
	41,708	FGLMC		5.500		06/01/39		45,457
	1,215,406	FGLMC		4.000		07/01/39		1,249,073
	653,710	FGLMC		4.500		07/01/39		692,312
	113,714	FGLMC		4.500		07/01/39		120,473
	53,315	FGLMC		4.500		07/01/39		56,476
	382,893	FGLMC		5.000		07/01/39		412,754
	692,441	FGLMC		5.500		07/01/39		754,674
	50,290	FGLMC		4.500		08/01/39		53,265
	137,736	FGLMC		5.000		08/01/39		148,478
	576,005	FGLMC		4.000		09/01/39		591,965
	996,155	FGLMC		5.000		09/01/39		1,083,897
	3,670,303	FGLMC		5.000		09/01/39		3,952,115
	29,905	FGLMC		5.500		09/01/39		33,209
	1,805,631	FGLMC		6.500		09/01/39		2,006,454
	137,019	FGLMC		4.500		10/01/39		145,943
	165,968	FGLMC		4.500		10/01/39		176,670
	430,194	FGLMC		4.500		10/01/39		455,719
	69,095	FGLMC		4.000		11/01/39		71,002
	315,015	FGLMC		4.500		11/01/39		333,630
	107,449	FGLMC		5.000		11/01/39		115,826
	16,649	FGLMC		5.000		11/01/39		17,962
	339,173	FGLMC		4.500		12/01/39		360,305
	1,102,652	FGLMC		4.500		12/01/39		1,171,469
	252,869	FGLMC		4.500		12/01/39		267,853
	585,075	FGLMC		4.500		12/01/39		619,761
	571,745	FGLMC		5.500		12/01/39		623,177
	620,088	FGLMC		4.500		01/01/40		656,791
	46,416	FGLMC		5.000		01/01/40		50,503
	116,905	FGLMC		5.500		01/01/40		127,412

94

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	227,061		FGLMC		5.500	%	03/01/40	$	247,468
	93,631		FGLMC		4.500		04/01/40		99,482
	433,816		FGLMC		4.500		04/01/40		459,415
	705,048		FGLMC		5.000		04/01/40		763,707
	294,725		FGLMC		5.000		04/01/40		318,034
	3,004,312		FGLMC		6.000		04/01/40		3,314,653
	6,719,635		FGLMC		4.500		05/01/40		7,113,974
	4,307,384		FGLMC		5.000		05/01/40		4,698,181
	15,628		FGLMC		4.500		06/01/40		16,557
	2,044,520		FGLMC		5.500		06/01/40		2,245,005
	3,443,377		FGLMC		4.500		07/01/40		3,649,592
	67,760		FGLMC		4.500		08/01/40		71,798
	1,696,166		FGLMC		5.000		08/01/40		1,835,189
	747,083		FGLMC		5.000		08/01/40		806,928
	175,715		FGLMC		5.000		08/01/40		189,850
	12,866,204		FGLMC		5.500		08/01/40		14,022,543
	919,270		FGLMC		4.000		09/01/40		944,704
	8,089,892		FGLMC		4.000		11/01/40		8,326,537
	4,656,806		FGLMC		4.000		12/01/40		4,792,880
	1,351,519		FGLMC		3.500		01/01/41		1,342,527
	1,039,527		FGLMC		3.500		01/01/41		1,032,611
	879,068		FGLMC		4.000		01/01/41		903,471
	768,681		FGLMC		3.500		02/01/41		763,567
	3,558,915		FGLMC		4.000		02/01/41		3,657,721
	1,255,537		FGLMC		4.000		02/01/41		1,290,522
	5,173,063		FGLMC		4.000		04/01/41		5,316,876
	1,108,588		FGLMC		4.500		04/01/41		1,174,571
	278,949		FGLMC		5.000		04/01/41		301,936
	1,098,461		FGLMC		4.500		05/01/41		1,164,141
	1,366,205		FGLMC		4.500		06/01/41		1,448,252
	2,723,089		FGLMC		3.500		10/01/41		2,704,971
	2,637,065		FGLMC		5.000		10/01/41		2,856,680
	3,204,803		FGLMC		3.500		11/01/41		3,184,133
	1,720,923		FGLMC		4.500		12/01/41		1,823,806
	10,941,436		FGLMC		3.500		01/01/42		10,868,637
	3,250,277		FGLMC		3.500		02/01/42		3,228,651
	4,044,330		FGLMC		3.500		04/01/42		4,017,420
	7,513,156		FGLMC		4.000		05/01/42		7,733,733
	4,542,323		FGLMC		3.500		07/01/42		4,513,128
	1,152,209		FGLMC		3.000		08/01/42		1,093,019
	4,679,818		FGLMC		3.000		10/01/42		4,439,090
	6,934,409		FGLMC		3.000		10/01/42		6,577,706
	2,278,537		FGLMC		3.500		12/01/42		2,263,377
	5,503,615		FGLMC		2.500		01/01/43		4,962,060
	12,800,988		FGLMC		3.000		01/01/43		12,142,510
	19,372,330		FGLMC		3.000		04/01/43		18,375,824
	7,733,506		FGLMC		3.500		05/01/43		7,682,051
	4,935,378		FGLMC		3.000		08/01/43		4,681,504
	7,910,980		FGLMC		3.500		08/01/43		7,858,344
	7,464,981	h	FGLMC		4.000		11/01/43		7,674,070
	45,975		Federal National Mortgage Association (FNMA)		4.810		02/01/14		45,767
	662,524		FNMA		4.640		11/01/14		673,017

95

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	4,617	FNMA		6.000	%	04/01/16	$	4,645
	29,067	FNMA		5.500		09/01/16		30,851
	2,829	FNMA		6.500		10/01/16		2,933
	26,255	FNMA		6.500		11/01/16		27,475
	16,675	FNMA		6.500		04/01/17		17,676
	15,410	FNMA		6.000		05/01/17		16,299
	61,855	FNMA		5.000		09/01/17		65,811
	12,022	FNMA		6.000		11/01/17		12,623
	703,254	FNMA		5.000		12/01/17		749,126
	139,804	FNMA		5.000		12/01/17		148,895
	10,437	FNMA		5.000		12/01/17		11,120
	1,165,441	FNMA		5.000		01/01/18		1,241,417
	1,054,320	FNMA		4.500		02/01/18		1,122,099
	159,497	FNMA		4.500		04/01/18		169,732
	30,325	FNMA		5.000		04/01/18		32,302
	251,929	FNMA		5.500		04/01/18		269,321
	24,412	FNMA		5.500		04/01/18		26,100
	13,884	FNMA		5.500		05/01/18		14,756
	427,587	FNMA		4.500		06/01/18		454,701
	45,291	FNMA		4.000		08/01/18		48,010
	517,352	FNMA		4.000		08/01/18		548,266
	131,207	FNMA		4.500		09/01/18		139,630
	93,224	FNMA		4.500		10/01/18		99,266
	263,376	FNMA		5.000		11/01/18		281,903
	5,407	FNMA		5.000		01/01/19		5,761
	14,122	FNMA		6.000		01/01/19		15,632
	32,991	FNMA		4.500		05/01/19		35,119
	73,351	FNMA		4.500		06/01/19		78,082
	13,292	FNMA		4.500		06/01/19		14,150
	84,349	FNMA		5.000		07/01/19		89,856
	372,544	FNMA		5.000		10/01/19		399,106
	51,862	FNMA		4.500		11/01/19		55,200
	45,157	FNMA		4.500		12/01/19		48,058
	53,124	FNMA		5.000		03/01/20		56,598
	16,684	FNMA		5.000		04/01/20		17,949
	34,927	FNMA		4.500		06/01/20		37,184
	25,371	FNMA		4.500		09/01/20		27,013
	24,478	FNMA		4.500		10/01/20		26,093
	37,691	FNMA		4.500		11/01/20		40,132
	72,414	FNMA		5.000		12/01/20		78,001
	219,809	FNMA		5.500		01/01/21		234,856
	2,120,424	FNMA		5.500		01/01/21		2,277,906
	86,176	FNMA		5.000		03/01/21		91,831
	578,026	FNMA		6.000		04/01/21		614,728
	62,582	FNMA		5.500		08/01/21		68,361
	18,039	FNMA		6.000		08/01/21		19,653
	11,955	FNMA		5.000		10/01/21		12,860
	30,780	FNMA		5.000		11/01/21		32,958
	14,383	FNMA		5.500		11/01/21		15,711
	40,476	FNMA		5.500		10/01/22		44,396
	19,078	FNMA		6.000		10/01/22		21,086
	10,950	FNMA		5.000		03/01/23		11,809

96

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	30,097	FNMA		4.500	%	04/01/23	$	32,096
	284,059	FNMA		4.500		06/01/23		302,669
	23,885	FNMA		5.000		06/01/23		25,802
	27,614	FNMA		5.500		06/01/23		30,328
	273,525	FNMA		5.000		07/01/23		295,341
	62,898	FNMA		5.000		07/01/23		66,973
	2,094,680	FNMA		5.000		07/01/23		2,261,708
	34,860	FNMA		5.500		08/01/23		38,241
	50,674	FNMA		5.000		11/01/23		54,971
	18,519	FNMA		5.500		11/01/23		20,213
	685,384	FNMA		5.500		01/01/24		748,551
	47,213	FNMA		5.500		02/01/24		51,854
	260,441	FNMA		4.000		03/01/24		276,141
	18,650	FNMA		4.500		04/01/24		19,858
	302,374	FNMA		4.000		05/01/24		320,590
	1,023,863	FNMA		4.000		05/01/24		1,085,585
	23,297	FNMA		4.000		06/01/24		24,693
	29,732	FNMA		4.500		07/01/24		32,335
	26,425	FNMA		5.500		07/01/24		29,038
	469	FNMA		8.000		07/01/24		543
	152,113	FNMA		4.500		08/01/24		162,011
	581,712	FNMA		4.000		09/01/24		616,844
	136,111	FNMA		4.000		09/01/24		144,380
	69,676	FNMA		4.500		09/01/24		74,214
	1,274,106	FNMA		4.500		10/01/24		1,357,226
	66,061	FNMA		5.000		01/01/25		71,687
	128,130	FNMA		4.500		02/01/25		136,353
	905,529	FNMA		4.500		03/01/25		963,969
	22,815	FNMA		4.500		03/01/25		24,285
	279,086	FNMA		5.000		03/01/25		302,737
	716,580	FNMA		4.500		04/01/25		762,657
	306,882	FNMA		4.500		04/01/25		326,664
	3,206,641	FNMA		4.000		05/01/25		3,398,378
	926,325	FNMA		4.000		06/01/25		981,905
	852,772	FNMA		4.500		06/01/25		907,871
	312,588	FNMA		4.000		08/01/25		331,353
	127,706	FNMA		5.500		08/01/25		141,581
	1,620,848	FNMA		3.500		09/01/25		1,696,032
	1,563,794	FNMA		4.000		09/01/25		1,658,445
	1,923,996	FNMA		3.500		10/01/25		2,012,808
	1,771,523	FNMA		3.500		10/01/25		1,853,721
	611,488	FNMA		5.000		10/01/25		663,310
	1,146,222	FNMA		4.000		11/01/25		1,214,851
	1,648,551	FNMA		3.500		12/01/25		1,725,030
	1,092,867	FNMA		3.500		02/01/26		1,143,524
	358,036	FNMA		4.000		03/01/26		379,590
	994,949	FNMA		4.000		06/01/26		1,054,852
	950,934	FNMA		3.500		08/01/26		994,962
	737,296	FNMA		3.500		09/01/26		771,439
	440,887	FNMA		4.000		09/01/26		467,300
	1,133,418	FNMA		3.500		10/01/26		1,185,714
	25,368	FNMA		6.000		10/01/26		28,183

97

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,573,893	FNMA		3.000	%	11/01/26	$	1,607,878
	1,272,568	FNMA		3.000		12/01/26		1,300,054
	3,451,876	FNMA		3.000		01/01/27		3,526,469
	2,655,152	FNMA		3.500		02/01/27		2,778,668
	2,508,791	FNMA		3.000		04/01/27		2,563,036
	4,015,439	FNMA		3.000		04/01/27		4,102,153
	1,670,043	FNMA		3.500		05/01/27		1,747,589
	1,475,439	FNMA		2.500		06/01/27		1,465,292
	4,222,646	FNMA		3.000		06/01/27		4,314,307
	1,735,670	FNMA		2.500		07/01/27		1,723,729
	216,155	FNMA		6.000		08/01/27		240,989
	3,449,269	FNMA		2.500		09/01/27		3,425,525
	72,417	FNMA		5.500		09/01/27		80,379
	5,987,454	FNMA		2.500		10/01/27		5,946,194
	4,114,448	FNMA		3.000		11/01/27		4,203,686
	9,742	FNMA		5.500		01/01/28		10,747
	10,198,055	FNMA		2.500		02/01/28		10,104,640
	8,095	FNMA		5.000		02/01/28		8,825
	11,122,112	FNMA		2.500		04/01/28		11,020,232
	7,528,140	FNMA		2.500		04/01/28		7,459,182
	387,164	FNMA		5.000		05/01/28		421,699
	49,000	FNMA		5.500		06/01/28		54,031
	2,910,101	FNMA		2.500		07/01/28		2,883,445
	5,852,513	FNMA		2.500		08/01/28		5,798,903
	8,636,619	FNMA		3.000		10/01/28		8,821,349
	7,708	FNMA		5.500		11/01/28		8,510
	35	FNMA		7.500		01/01/29		39
	64,877	FNMA		4.000		03/01/29		67,770
	238,988	FNMA		4.500		04/01/29		254,484
	460	FNMA		6.500		04/01/29		512
	156,823	FNMA		4.000		05/01/29		163,774
	88,691	FNMA		4.500		06/01/29		94,481
	30,497	FNMA		4.000		07/01/29		31,845
	3,539	FNMA		7.500		07/01/29		3,682
	580,370	FNMA		4.500		08/01/29		618,423
	97,775	FNMA		4.500		09/01/29		104,194
	75,287	FNMA		4.500		11/01/29		81,570
	28,047	FNMA		4.500		01/01/30		29,881
	76,059	FNMA		4.000		03/01/30		79,458
	33,156	FNMA		4.500		05/01/30		35,314
	46,140	FNMA		4.500		06/01/30		49,170
	403,828	FNMA		4.500		08/01/30		430,286
	84,993	FNMA		4.000		09/01/30		88,832
	484,959	FNMA		4.000		10/01/30		506,702
	4,731,816	FNMA		4.000		11/01/30		4,945,232
	672,296	FNMA		4.000		11/01/30		702,229
	183,755	FNMA		4.500		12/01/30		197,529
	213,459	FNMA		3.500		02/01/31		217,348
	264,640	FNMA		4.000		02/01/31		276,473
	285	FNMA		7.500		02/01/31		302
	1,784	FNMA		7.500		03/01/31		2,124
	602,845	FNMA		3.500		04/01/31		613,840

98

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	79,747	FNMA		4.000	%	04/01/31	$	83,313
	8,459	FNMA		6.000		05/01/31		9,481
	1,354	FNMA		7.500		05/01/31		1,478
	431,281	FNMA		4.500		07/01/31		463,626
	2,314,576	FNMA		4.500		07/01/31		2,511,093
	2,515,121	FNMA		4.000		08/01/31		2,627,633
	176,422	FNMA		4.000		09/01/31		184,312
	600	FNMA		6.500		09/01/31		667
	73,040	FNMA		6.000		11/01/31		81,943
	8,879	FNMA		6.500		11/01/31		9,962
	4,029,341	FNMA		3.500		01/01/32		4,102,894
	28,310	FNMA		6.000		01/01/32		31,773
	26,393	FNMA		6.000		01/01/32		29,259
	1,623,078	FNMA		3.500		02/01/32		1,652,711
	21,025	FNMA		6.000		02/01/32		23,590
	68,446	FNMA		6.500		04/01/32		77,659
	155,586	FNMA		6.500		07/01/32		174,477
	18,496	FNMA		6.500		08/01/32		20,695
	1,519,068	FNMA		3.000		09/01/32		1,499,502
	144,960	FNMA		6.000		09/01/32		160,677
	34,047	FNMA		7.500		09/01/32		38,775
	4,464,631	FNMA		3.000		10/01/32		4,398,782
	87,699	FNMA		5.500		10/01/32		96,642
	44,542	FNMA		6.000		10/01/32		49,421
	39,696	FNMA		6.000		11/01/32		44,560
	6,673	FNMA		5.500		12/01/32		7,352
	42,736	FNMA		5.500		12/01/32		47,077
	78,022	FNMA		6.000		12/01/32		87,555
	393,771	FNMA		5.500		01/01/33		433,781
	825,316	FNMA		6.000		01/01/33		926,599
	426,627	FNMA		5.000		02/01/33		465,067
	22,000	FNMA		5.000		02/01/33		23,987
	4,310,457	FNMA		3.500		04/01/33		4,389,554
	19,261	FNMA		6.000		04/01/33		21,625
	2,867,768	FNMA		5.500		05/01/33		3,160,423
	164,908	FNMA		5.000		06/01/33		179,685
	345,349	FNMA		5.500		06/01/33		380,679
	38,916	FNMA		4.500		07/01/33		41,230
	128,395	FNMA		5.000		07/01/33		139,604
	249,436	FNMA		4.500		08/01/33		265,204
	46,301	FNMA		4.500		08/01/33		49,062
	75,675	FNMA		5.000		08/01/33		82,385
	331,263	FNMA		5.500		09/01/33		368,836
	122,509	FNMA		5.500		09/01/33		136,680
	39,151	FNMA		6.000		09/01/33		43,920
	433,315	FNMA		4.500		10/01/33		460,746
	67,467	FNMA		5.000		10/01/33		73,473
	92,873	FNMA		5.000		10/01/33		101,100
	687,515	FNMA		5.500		10/01/33		757,020
	1,276,933	FNMA		5.500		10/01/33		1,428,797
	32,207	FNMA		4.500		11/01/33		34,238
	83,219	FNMA		5.000		11/01/33		90,584

99

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	5,626,732		FNMA		5.000	%	11/01/33	$	6,129,756
	668,046		FNMA		5.000		12/01/33		727,699
	725,154		FNMA		5.500		12/01/33		799,296
	252,562		FNMA		5.000		02/01/34		275,076
	1,004,579		FNMA		6.000		02/01/34		1,127,199
	63,630		FNMA		5.000		03/01/34		69,270
	1,510,532		FNMA		5.000		03/01/34		1,643,015
	26,807		FNMA		5.000		03/01/34		29,186
	21,918		FNMA		5.000		03/01/34		23,870
	78,992		FNMA		5.000		03/01/34		86,011
	36,730		FNMA		5.000		03/01/34		40,000
	237,449		FNMA		5.000		04/01/34		258,073
	235,866		FNMA		5.500		04/01/34		259,895
	32,967		FNMA		4.500		05/01/34		35,023
	127,073		FNMA		4.500		05/01/34		135,043
	82,634		FNMA		5.500		07/01/34		90,951
	53,974		FNMA		5.500		07/01/34		59,391
	69,876		FNMA		7.000		07/01/34		79,139
	75,152		FNMA		5.000		08/01/34		81,667
	635,029		FNMA		5.000		08/01/34		690,050
	349,702		FNMA		6.000		08/01/34		392,526
	62,458		FNMA		6.000		08/01/34		70,114
	35,535		FNMA		4.500		09/01/34		37,747
	1,338,093		FNMA		5.500		09/01/34		1,472,379
	12,139		FNMA		5.500		11/01/34		13,364
	24,221		FNMA		6.000		11/01/34		26,866
	19,889		FNMA		5.000		12/01/34		21,621
	12,872		FNMA		5.500		12/01/34		14,156
	42,313		FNMA		6.000		12/01/34		47,498
	1,739,895		FNMA		4.500		01/01/35		1,849,939
	128,825		FNMA		5.500		01/01/35		142,699
	173,217		FNMA		5.500		02/01/35		190,440
	4,202,674		FNMA		5.500		02/01/35		4,626,842
	1,311,168		FNMA		5.500		04/01/35		1,462,213
	146,313		FNMA		6.000		04/01/35		164,190
	169,697		FNMA		6.000		04/01/35		190,381
	114,936		FNMA		5.500		05/01/35		126,349
	206,975		FNMA		6.000		05/01/35		230,503
	69,608		FNMA		5.000		06/01/35		75,616
	5,192		FNMA		7.500		06/01/35		5,680
	7,758	i	FNMA		4.555		07/01/35		8,249
	179,182		FNMA		5.000		07/01/35		194,956
	400,611		FNMA		4.500		08/01/35		425,379
	319,906		FNMA		5.000		08/01/35		347,438
	642,251		FNMA		5.000		08/01/35		696,953
	20,297		FNMA		4.500		09/01/35		21,584
	18,346		FNMA		4.500		09/01/35		19,457
	45,043		FNMA		5.500		09/01/35		49,577
	378,800		FNMA		5.000		10/01/35		411,121
	618,700		FNMA		5.500		10/01/35		689,446
	30,165		FNMA		5.000		11/01/35		32,579
	717,521		FNMA		5.500		11/01/35		788,845

100

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	10,545		FNMA		4.500	%	12/01/35	$	11,183
	99,640		FNMA		5.500		12/01/35		109,369
	405,530		FNMA		6.000		12/01/35		449,022
	186,844	i	FNMA		2.526		02/01/36		199,120
	1,578,346		FNMA		5.000		02/01/36		1,712,995
	80,944		FNMA		5.000		02/01/36		86,310
	152,754		FNMA		6.500		02/01/36		169,664
	885,632		FNMA		6.000		03/01/36		987,591
	15,984		FNMA		5.000		05/01/36		17,323
	1,184,293		FNMA		6.000		06/01/36		1,316,457
	157,300	i	FNMA		2.379		07/01/36		169,260
	60,558		FNMA		6.000		07/01/36		67,056
	412,321		FNMA		6.500		07/01/36		459,556
	972,742		FNMA		5.500		08/01/36		1,067,721
	541,936		FNMA		6.500		08/01/36		606,842
	44,562		FNMA		5.500		09/01/36		49,007
	34,539		FNMA		6.500		09/01/36		38,351
	86,814		FNMA		6.500		09/01/36		96,518
	115,660		FNMA		6.000		10/01/36		128,473
	52,417		FNMA		6.500		11/01/36		58,238
	15,081	i	FNMA		3.292		12/01/36		16,073
	338,416		FNMA		6.000		12/01/36		375,433
	55,517	i	FNMA		2.660		01/01/37		59,150
	133,545		FNMA		5.500		01/01/37		146,682
	8,286	i	FNMA		1.909		02/01/37		8,812
	968,580		FNMA		5.500		02/01/37		1,064,045
	26,182		FNMA		6.000		02/01/37		28,987
	43,375		FNMA		7.000		02/01/37		49,163
	17,986	i	FNMA		2.558		03/01/37		19,147
	3,994		FNMA		5.000		03/01/37		4,329
	147,259		FNMA		6.500		03/01/37		165,391
	353,526		FNMA		6.500		03/01/37		394,574
	14,650	i	FNMA		5.565		04/01/37		15,629
	202,859		FNMA		7.000		04/01/37		218,841
	326,451		FNMA		5.000		05/01/37		353,815
	10,657		FNMA		7.000		05/01/37		10,947
	51,088	i	FNMA		5.023		06/01/37		54,663
	104,289		FNMA		5.500		06/01/37		114,472
	80,074		FNMA		5.500		08/01/37		88,072
	32,815		FNMA		6.000		08/01/37		36,450
	215,750		FNMA		6.500		08/01/37		240,109
	56,538		FNMA		6.500		08/01/37		62,777
	78,734		FNMA		5.500		09/01/37		86,428
	516,424		FNMA		6.000		09/01/37		580,642
	178,442		FNMA		6.000		09/01/37		198,440
	134,415		FNMA		6.000		09/01/37		151,232
	154,494		FNMA		6.000		09/01/37		171,077
	379,749		FNMA		6.000		09/01/37		427,528
	200,127		FNMA		6.500		09/01/37		222,700
	28,347		FNMA		6.500		09/01/37		31,488
	523,729	i	FNMA		2.400		10/01/37		557,469
	90,943		FNMA		6.500		10/01/37		100,979

101

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	604,074		FNMA		5.500	%	11/01/37	$	663,056
	1,337,761		FNMA		6.000		11/01/37		1,479,891
	58,703		FNMA		7.000		11/01/37		64,909
	6,343		FNMA		6.500		01/01/38		7,043
	368,234		FNMA		5.500		02/01/38		404,390
	37,257		FNMA		6.500		02/01/38		41,431
	79,347		FNMA		7.000		02/01/38		87,593
	72,225	i	FNMA		2.645		03/01/38		77,151
	35,948		FNMA		5.000		03/01/38		38,962
	26,349		FNMA		5.000		03/01/38		28,558
	70,051		FNMA		5.500		03/01/38		76,941
	20,775		FNMA		6.000		03/01/38		23,336
	46,207		FNMA		6.500		03/01/38		51,306
	66,219		FNMA		6.500		03/01/38		73,535
	102,845		FNMA		6.500		03/01/38		114,198
	532,105		FNMA		6.500		03/01/38		590,821
	35,551		FNMA		5.000		04/01/38		38,531
	1,359,385		FNMA		5.500		04/01/38		1,492,116
	1,022,996		FNMA		6.000		04/01/38		1,132,575
	53,393		FNMA		4.500		05/01/38		56,511
	993,430		FNMA		5.000		05/01/38		1,076,702
	3,252,524		FNMA		5.000		05/01/38		3,531,072
	3,630,534		FNMA		6.000		06/01/38		4,016,259
	4,567,144		FNMA		6.500		06/01/38		5,096,920
	946,734		FNMA		6.000		07/01/38		1,048,248
	6,709	i	FNMA		2.500		08/01/38		7,106
	12,777	i	FNMA		4.748		08/01/38		13,516
	3,302,597		FNMA		6.000		09/01/38		3,653,528
	97,516	i	FNMA		2.020		10/01/38		104,080
	12,103		FNMA		6.000		10/01/38		13,389
	87,343		FNMA		5.500		11/01/38		95,871
	16,150		FNMA		5.000		12/01/38		17,507
	2,366,457		FNMA		5.500		12/01/38		2,602,526
	477,327		FNMA		4.500		01/01/39		505,315
	157,577		FNMA		5.000		01/01/39		170,865
	548,168		FNMA		5.000		01/01/39		594,117
	1,621,918		FNMA		5.500		01/01/39		1,781,263
	401,915		FNMA		5.500		01/01/39		441,158
	177,398		FNMA		6.000		01/01/39		196,246
	97,194		FNMA		6.000		01/01/39		107,521
	647,614		FNMA		4.500		02/01/39		686,265
	686,581		FNMA		4.500		02/01/39		726,956
	1,431,945		FNMA		4.500		02/01/39		1,517,077
	27,917		FNMA		5.500		02/01/39		30,643
	1,301,634		FNMA		4.000		04/01/39		1,340,496
	40,405		FNMA		5.500		04/01/39		44,361
	562,853		FNMA		4.500		05/01/39		596,472
	2,066,313		FNMA		4.500		05/01/39		2,195,824
	1,244,296		FNMA		4.500		06/01/39		1,318,076
	535,587		FNMA		4.500		06/01/39		567,344
	1,217,323		FNMA		5.500		06/01/39		1,336,853
	39,455	i	FNMA		4.046		07/01/39		42,180

102

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	224,825		FNMA		4.500	%	07/01/39	$	238,156
	374,472		FNMA		4.500		07/01/39		396,804
	41,717		FNMA		5.000		07/01/39		45,473
	56,734	i	FNMA		3.630		08/01/39		60,680
	234,159	i	FNMA		3.714		08/01/39		250,647
	4,420,478		FNMA		4.000		08/01/39		4,551,607
	637,287		FNMA		4.000		08/01/39		656,173
	2,633,101		FNMA		4.500		08/01/39		2,798,143
	55,980		FNMA		4.500		08/01/39		59,617
	1,100,853		FNMA		4.500		08/01/39		1,166,405
	52,844		FNMA		5.000		08/01/39		57,399
	4,679,905		FNMA		5.000		08/01/39		5,082,677
	1,486,123		FNMA		4.000		09/01/39		1,530,163
	87,462		FNMA		5.000		09/01/39		94,925
	630,033		FNMA		5.500		09/01/39		703,038
	504,060		FNMA		6.000		09/01/39		557,917
	2,087,803		FNMA		6.500		10/01/39		2,331,674
	75,687		FNMA		5.000		11/01/39		82,792
	2,090,461		FNMA		4.000		12/01/39		2,152,410
	532,033		FNMA		4.500		12/01/39		563,717
	190,384		FNMA		4.500		12/01/39		202,614
	7,296,100		FNMA		4.500		12/01/39		7,730,924
	74,114	i	FNMA		3.662		01/01/40		78,190
	120,660		FNMA		4.500		01/01/40		127,854
	158,356		FNMA		5.000		01/01/40		172,719
	1,234,786		FNMA		6.000		02/01/40		1,366,099
	613,318		FNMA		4.500		03/01/40		649,984
	1,318,617		FNMA		4.500		03/01/40		1,397,231
	74,697		FNMA		5.000		03/01/40		81,408
	62,777		FNMA		4.500		04/01/40		66,496
	2,490,364		FNMA		5.000		04/01/40		2,713,626
	2,162,225		FNMA		5.000		04/01/40		2,355,573
	305,065	i	FNMA		3.495		05/01/40		324,167
	403,339	i	FNMA		3.615		05/01/40		428,324
	624,096	i	FNMA		3.727		05/01/40		664,349
	68,049		FNMA		4.500		05/01/40		72,292
	158,952		FNMA		4.500		07/01/40		168,491
	190,559		FNMA		4.500		07/01/40		201,960
	213,837		FNMA		5.000		07/01/40		232,978
	110,290	i	FNMA		3.375		08/01/40		116,704
	1,997,710		FNMA		4.500		08/01/40		2,116,313
	1,455,104		FNMA		4.500		08/01/40		1,541,465
	1,602,014		FNMA		5.000		08/01/40		1,749,996
	1,197,551		FNMA		4.500		09/01/40		1,269,164
	3,010,094		FNMA		4.500		09/01/40		3,190,545
	3,635,480		FNMA		6.000		09/01/40		4,036,054
	428,809		FNMA		3.500		10/01/40		426,501
	5,271,202		FNMA		4.000		10/01/40		5,430,299
	2,041,192		FNMA		4.000		10/01/40		2,102,357
	3,383,461		FNMA		4.500		10/01/40		3,585,378
	3,029,411		FNMA		3.500		11/01/40		3,012,849
	3,408,509		FNMA		4.000		11/01/40		3,510,781

103

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,919,461		FNMA		4.000	%	11/01/40	$	4,037,163
	2,286,783		FNMA		4.000		11/01/40		2,355,435
	421,669		FNMA		4.500		11/01/40		447,895
	431,196	i	FNMA		3.278		12/01/40		451,543
	1,142,868		FNMA		4.000		12/01/40		1,177,338
	10,095,432		FNMA		4.500		12/01/40		10,700,047
	114,254		FNMA		3.500		01/01/41		113,628
	293,955	i	FNMA		3.158		02/01/41		312,031
	644,713		FNMA		3.500		02/01/41		641,141
	3,225,634		FNMA		4.000		02/01/41		3,322,359
	3,072,436		FNMA		4.000		03/01/41		3,164,767
	2,555,657		FNMA		4.500		04/01/41		2,708,399
	660,551		FNMA		4.500		05/01/41		700,087
	2,182,092		FNMA		4.500		06/01/41		2,312,870
	762,057	i	FNMA		3.246		07/01/41		804,343
	2,406,091		FNMA		4.500		07/01/41		2,549,758
	6,228,346		FNMA		4.000		09/01/41		6,415,983
	3,667,132		FNMA		4.500		09/01/41		3,886,518
	1,614,327		FNMA		5.500		09/01/41		1,773,580
	1,449,630	i	FNMA		2.919		10/01/41		1,524,163
	237,107	i	FNMA		3.083		10/01/41		246,214
	1,515,720		FNMA		3.500		11/01/41		1,507,732
	1,748,866		FNMA		3.500		11/01/41		1,739,092
	2,277,114	i	FNMA		2.836		12/01/41		2,346,288
	2,204,152		FNMA		4.000		12/01/41		2,270,702
	4,572,800		FNMA		3.500		03/01/42		4,547,308
	3,655,059		FNMA		4.000		03/01/42		3,764,950
	2,900,266		FNMA		3.500		04/01/42		2,887,691
	8,527,735		FNMA		3.500		04/01/42		8,480,292
	3,863,905		FNMA		5.000		04/01/42		4,240,253
	3,234,438		FNMA		4.000		05/01/42		3,331,499
	4,655,471		FNMA		5.000		05/01/42		5,084,521
	2,480,446		FNMA		3.000		06/01/42		2,357,384
	13,447,109		FNMA		3.500		06/01/42		13,371,809
	13,323,307		FNMA		4.000		06/01/42		13,722,376
	20,182,417		FNMA		3.500		07/01/42		20,069,347
	3,875,626		FNMA		4.500		07/01/42		4,118,806
	4,458,802		FNMA		3.500		08/01/42		4,433,947
	5,510,424		FNMA		3.000		09/01/42		5,237,109
	8,237,015		FNMA		3.500		09/01/42		8,190,867
	11,709,922		FNMA		3.000		10/01/42		11,129,489
	4,423,654		FNMA		3.500		10/01/42		4,398,871
	3,824,764		FNMA		2.500		01/01/43		3,465,838
	14,263,519		FNMA		3.000		01/01/43		13,555,333
	19,231,138		FNMA		3.000		02/01/43		18,277,509
	4,856,861		FNMA		3.000		04/01/43		4,616,004
	14,463,074		FNMA		3.000		04/01/43		13,746,315
	3,443,784	i	FNMA		2.171		06/01/43		3,428,852
	15,620,873		FNMA		3.000		06/01/43		14,848,612
	4,802,218	i	FNMA		1.753		07/01/43		4,835,856
	11,768,339		FNMA		3.000		07/01/43		11,186,295
	12,248,465		FNMA		3.500		07/01/43		12,180,108

104

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	5,633,794		FNMA		4.000	%	08/01/43	$	5,812,173
	12,338,036		FNMA		3.500		09/01/43		12,269,377
	7,475,099	h	FNMA		3.500		10/01/43		7,433,305
	2,235,741	h	FNMA		4.500		10/01/43		2,372,090
	4,984,837	h	FNMA		4.000		11/01/43		5,134,855
	11,887,873		FNMA		4.000		11/01/43		12,247,044
	12,683		Government National Mortgage Association (GNMA)		5.000		02/15/18		13,504
	51,435		GNMA		4.500		02/15/19		54,632
	18,422		GNMA		4.500		01/20/24		19,668
	96,025		GNMA		4.000		04/15/24		101,592
	12,261		GNMA		4.500		07/15/24		13,033
	341,257		GNMA		4.000		08/15/24		361,013
	95,627		GNMA		4.500		08/15/24		101,648
	293,968		GNMA		4.000		09/15/24		310,890
	44,685		GNMA		4.500		01/15/25		47,510
	352,334		GNMA		4.000		08/15/25		372,471
	192,556		GNMA		3.500		03/15/26		201,124
	248,695		GNMA		4.000		04/15/26		262,896
	210,459		GNMA		4.000		06/20/26		223,015
	319,280		GNMA		3.500		11/20/26		333,564
	1,457,572		GNMA		3.000		12/15/26		1,496,984
	4,092,722		GNMA		2.500		04/20/27		4,087,377
	2,474,596		GNMA		2.500		09/20/27		2,471,363
	1,379		GNMA		6.500		09/15/28		1,539
	3,685		GNMA		6.500		09/15/28		4,113
	5,008		GNMA		6.500		11/15/28		5,586
	1,303		GNMA		7.500		11/15/28		1,481
	4,972,113		GNMA		3.500		11/20/28		5,194,380
	9,159		GNMA		8.500		10/15/30		9,945
	6,481		GNMA		8.500		10/20/30		7,707
	744		GNMA		8.500		12/15/30		848
	997		GNMA		7.000		06/20/31		1,180
	1,043		GNMA		6.500		07/15/31		1,163
	3,486		GNMA		7.000		07/15/31		3,800
	3,760		GNMA		7.000		07/15/31		4,229
	355,681		GNMA		6.000		10/15/32		400,773
	62,701		GNMA		5.500		12/20/32		69,608
	131,265		GNMA		5.500		05/15/33		146,755
	24,132		GNMA		5.000		07/15/33		26,420
	91,124		GNMA		5.500		07/15/33		101,218
	20,991		GNMA		5.000		07/20/33		22,926
	116,272		GNMA		5.000		08/15/33		126,704
	48,560		GNMA		5.000		08/15/33		53,284
	316,697		GNMA		5.500		09/15/33		359,245
	266,679		GNMA		6.000		11/20/33		302,568
	115,838		GNMA		5.500		05/20/34		130,888
	164,917		GNMA		6.000		09/20/34		184,292
	16,160		GNMA		5.000		10/20/34		17,671
	400,730		GNMA		5.500		11/15/34		444,311
	155,797		GNMA		6.500		01/15/35		177,702
	87,537		GNMA		5.500		02/20/35		97,343
	1,763,052		GNMA		5.000		03/20/35		1,927,955

105

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	577,162	GNMA		5.000	%	04/15/35	$	632,482
	587,998	GNMA		5.500		05/20/35		654,976
	23,789	GNMA		5.000		09/20/35		25,987
	14,357	GNMA		5.000		11/15/35		15,693
	16,878	GNMA		5.000		11/15/35		18,482
	182,080	GNMA		5.500		02/20/36		201,525
	20,597	GNMA		5.500		03/15/36		22,670
	60,963	GNMA		5.500		05/20/36		67,435
	15,661	GNMA		6.500		06/15/36		17,489
	611,909	GNMA		5.500		06/20/36		676,194
	29,532	GNMA		5.000		09/15/36		32,285
	30,091	GNMA		6.000		09/15/36		33,505
	56,643	GNMA		6.000		10/20/36		63,772
	32,280	GNMA		5.000		12/15/36		35,240
	42,800	GNMA		5.500		01/15/37		47,046
	32,008	GNMA		6.000		01/20/37		36,056
	783,061	GNMA		5.500		02/15/37		860,955
	105,487	GNMA		6.000		02/20/37		118,771
	851,537	GNMA		6.000		04/15/37		951,002
	26,315	GNMA		6.500		04/15/37		29,331
	360,684	GNMA		6.000		04/20/37		399,717
	56,440	GNMA		6.000		06/15/37		63,036
	65,058	GNMA		6.000		08/20/37		73,270
	50,471	GNMA		6.500		08/20/37		56,521
	258,727	GNMA		6.500		11/20/37		288,801
	199,192	GNMA		6.000		12/15/37		221,562
	17,912	GNMA		5.000		02/20/38		19,435
	398,163	GNMA		5.000		04/15/38		432,156
	21,294	GNMA		5.500		05/20/38		23,467
	65,963	GNMA		5.500		06/15/38		72,816
	190,461	GNMA		6.000		06/20/38		214,524
	281,174	GNMA		5.500		07/15/38		308,592
	1,533,627	GNMA		5.000		07/20/38		1,664,799
	1,454,498	GNMA		5.500		07/20/38		1,603,601
	42,790	GNMA		5.500		08/15/38		47,063
	254,443	GNMA		6.000		08/15/38		283,186
	687,720	GNMA		6.000		08/15/38		765,102
	149,061	GNMA		6.000		08/20/38		167,849
	593,812	GNMA		6.000		09/20/38		668,626
	99,488	GNMA		5.000		10/15/38		107,873
	33,302	GNMA		5.500		10/15/38		37,809
	25,682	GNMA		6.500		10/20/38		28,775
	58,429	GNMA		6.500		10/20/38		65,292
	10,759	GNMA		5.500		11/15/38		11,838
	99,987	GNMA		6.500		11/20/38		112,061
	830,627	GNMA		6.000		12/15/38		924,271
	12,318	GNMA		6.500		12/15/38		14,000
	80,006	GNMA		5.000		01/15/39		86,853
	2,981,126	GNMA		4.500		01/20/39		3,199,063
	267,589	GNMA		6.500		01/20/39		301,233
	99,716	GNMA		5.000		02/15/39		108,154
	47,258	GNMA		6.000		02/15/39		52,533

106

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	133,867		GNMA		4.500	%	03/15/39	$	143,028
	953,659		GNMA		4.500		03/15/39		1,018,545
	31,184		GNMA		4.500		03/20/39		33,536
	52,410	i	GNMA		5.000		03/20/39		55,464
	478,208		GNMA		5.500		03/20/39		527,204
	54,249		GNMA		4.500		04/15/39		57,965
	918,320		GNMA		5.500		04/15/39		1,009,256
	20,260		GNMA		5.000		04/20/39		21,990
	92,808		GNMA		4.000		05/15/39		96,559
	1,498,577		GNMA		4.500		05/15/39		1,600,977
	855,086		GNMA		5.000		05/15/39		927,119
	98,224		GNMA		4.000		05/20/39		102,275
	270,443		GNMA		4.500		05/20/39		290,905
	5,713,519		GNMA		5.000		05/20/39		6,201,606
	34,786		GNMA		4.500		06/15/39		37,166
	3,912,440		GNMA		4.500		06/15/39		4,179,823
	48,394		GNMA		5.000		06/15/39		52,482
	42,784		GNMA		5.000		06/15/39		46,391
	3,301,920		GNMA		5.000		06/15/39		3,644,871
	104,979		GNMA		5.000		06/15/39		114,016
	3,886,620		GNMA		5.000		06/15/39		4,286,772
	56,658		GNMA		4.000		06/20/39		58,997
	37,141		GNMA		5.000		06/20/39		40,311
	131,833		GNMA		4.500		07/15/39		140,828
	4,447,674		GNMA		4.500		07/15/39		4,751,167
	72,382		GNMA		4.500		07/15/39		77,325
	47,862		GNMA		5.000		07/15/39		51,897
	600,416		GNMA		4.500		07/20/39		644,755
	542,278		GNMA		5.000		07/20/39		588,799
	48,279		GNMA		5.500		07/20/39		53,236
	219,573		GNMA		4.000		08/15/39		228,449
	927,634		GNMA		5.000		08/15/39		1,006,134
	61,820		GNMA		5.500		08/15/39		67,935
	126,929		GNMA		6.000		08/15/39		141,100
	151,172		GNMA		4.000		08/20/39		157,514
	152,247		GNMA		5.000		08/20/39		166,754
	86,987		GNMA		5.000		09/15/39		94,619
	208,883		GNMA		5.000		09/20/39		228,084
	55,824		GNMA		4.500		10/15/39		59,686
	26,811		GNMA		5.000		10/15/39		29,079
	59,247		GNMA		4.500		10/20/39		63,618
	96,534		GNMA		4.500		11/15/39		104,112
	87,277		GNMA		4.500		11/20/39		93,739
	104,517		GNMA		5.000		11/20/39		114,508
	196,385		GNMA		4.500		12/15/39		210,032
	3,121,945		GNMA		4.500		12/15/39		3,338,235
	85,969		GNMA		4.500		12/20/39		92,349
	3,238,192		GNMA		5.000		12/20/39		3,528,343
	2,860,317		GNMA		4.500		01/20/40		3,067,805
	44,222		GNMA		5.500		01/20/40		49,058
	1,783,237		GNMA		5.500		02/15/40		1,960,939
	170,639		GNMA		4.000		03/15/40		177,906

107

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	46,573		GNMA		5.000	%	03/15/40	$	50,700
	34,570		GNMA		4.500		04/15/40		36,967
	933,792		GNMA		5.000		04/15/40		1,016,224
	123,474		GNMA		4.500		04/20/40		132,610
	21,116		GNMA		4.500		05/15/40		22,563
	527,396		GNMA		5.000		05/15/40		574,143
	1,273,463	i	GNMA		3.000		05/20/40		1,335,285
	26,939		GNMA		4.500		05/20/40		28,880
	47,519		GNMA		4.500		06/15/40		50,798
	56,920		GNMA		4.500		06/15/40		60,833
	9,185,229		GNMA		4.500		06/15/40		9,856,742
	576,502		GNMA		5.000		06/20/40		631,367
	1,311,757		GNMA		4.500		07/15/40		1,402,061
	383,059		GNMA		4.500		07/15/40		409,397
	4,315,027		GNMA		4.500		07/20/40		4,627,108
	129,550		GNMA		5.000		07/20/40		141,885
	3,015,335		GNMA		4.000		08/15/40		3,143,623
	984,153		GNMA		4.000		08/15/40		1,023,937
	272,426		GNMA		4.500		08/15/40		293,612
	334,308		GNMA		4.500		08/20/40		358,971
	257,545		GNMA		4.500		09/20/40		277,094
	69,861		GNMA		5.500		09/20/40		77,039
	104,118		GNMA		6.500		09/20/40		119,313
	85,127		GNMA		4.000		10/15/40		88,953
	229,770		GNMA		6.000		10/20/40		256,111
	993,895		GNMA		4.000		11/15/40		1,034,323
	3,175,675		GNMA		4.000		11/20/40		3,307,760
	807,024		GNMA		3.500		12/15/40		814,772
	1,173,130		GNMA		5.500		12/20/40		1,292,892
	3,256,457		GNMA		4.000		01/15/41		3,394,971
	8,195,696		GNMA		4.000		01/20/41		8,537,128
	818,937		GNMA		4.000		02/15/41		852,080
	2,504,168		GNMA		4.500		02/20/41		2,688,212
	1,425,117		GNMA		4.500		03/15/41		1,529,316
	3,246,515		GNMA		4.500		04/20/41		3,476,264
	652,631		GNMA		5.000		04/20/41		712,856
	352,254	i	GNMA		4.000		06/20/41		374,489
	833,476		GNMA		4.000		07/15/41		867,168
	1,207,765		GNMA		4.000		07/20/41		1,258,016
	3,889,256		GNMA		4.500		07/20/41		4,164,558
	3,591,406		GNMA		5.000		07/20/41		3,905,348
	1,066,994		GNMA		4.500		08/15/41		1,141,667
	1,670,909		GNMA		5.000		08/20/41		1,825,171
	1,594,185		GNMA		4.000		09/15/41		1,658,629
	207,525	i	GNMA		3.000		09/20/41		217,269
	5,237,007		GNMA		4.000		09/20/41		5,455,149
	384,177		GNMA		4.000		10/15/41		399,773
	486,425	i	GNMA		2.500		10/20/41		500,916
	308,846	i	GNMA		3.500		10/20/41		324,144
	6,526,581		GNMA		4.000		10/20/41		6,798,429
	956,383		GNMA		5.500		10/20/41		1,057,123
	1,819,681		GNMA		3.500		11/15/41		1,837,151

108

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,114,460		GNMA		4.000	%	11/15/41	$	4,281,700
	8,677,390		GNMA		4.500		11/20/41		9,283,309
	3,560,007		GNMA		5.000		11/20/41		3,858,408
	1,339,173		GNMA		6.000		11/20/41		1,508,495
	3,911,681		GNMA		3.500		01/20/42		3,952,421
	1,684,857	i	GNMA		3.000		02/20/42		1,759,699
	1,969,186		GNMA		3.500		03/20/42		1,989,706
	3,633,180		GNMA		4.500		03/20/42		3,898,647
	3,589,606		GNMA		3.500		04/15/42		3,624,069
	4,115,201		GNMA		3.500		05/20/42		4,158,092
	4,499,176		GNMA		3.500		05/20/42		4,553,012
	4,866,883		GNMA		4.000		05/20/42		5,066,995
	8,861,010		GNMA		3.500		07/15/42		8,946,082
	1,717,912	i	GNMA		2.000		07/20/42		1,768,858
	4,284,907		GNMA		3.500		07/20/42		4,329,407
	4,579,606	h	GNMA		3.000		08/20/42		4,434,213
	17,392,895		GNMA		3.500		08/20/42		17,573,356
	4,645,533		GNMA		3.500		08/20/42		4,701,134
	5,142,042		GNMA		6.000		08/20/42		5,791,802
	6,629,396		GNMA		3.500		10/20/42		6,698,253
	6,534,582		GNMA		3.000		11/20/42		6,327,443
	4,803,377		GNMA		3.000		12/20/42		4,649,647
	6,818,622		GNMA		3.000		01/15/43		6,599,478
	4,726,789		GNMA		3.000		01/15/43		4,573,838
	5,699,804		GNMA		3.000		01/20/43		5,518,797
	4,821,222		GNMA		3.000		02/20/43		4,667,462
	9,560,704		GNMA		3.000		02/20/43		9,256,959
	1,933,819		GNMA		3.000		04/15/43		1,871,244
	3,370,653		GNMA		5.000		04/20/43		3,654,002
	3,880,337		GNMA		3.000		05/20/43		3,756,052
	5,876,258		GNMA		3.000		06/20/43		5,687,636
	9,837,554		GNMA		3.500		06/20/43		9,955,396
	12,315,472		GNMA		3.000		07/20/43		11,919,938
	9,930,882		GNMA		3.500		09/20/43		10,034,642
	4,976,284		GNMA		4.000		10/20/43		5,185,811
	1,996,159		GNMA		3.500		11/20/43		2,018,281
	5,988,204	h	GNMA		4.000		11/20/43		6,240,830
	1,310,555		GNMA		6.500		01/15/44		1,373,638
			TOTAL MORTGAGE BACKED						1,401,815,827
MUNICIPAL BONDS - 0.9%
	300,000		American Municipal Power		7.834		02/15/41		380,358
	500,000		American Municipal Power		6.270		02/15/50		525,985
	500,000		Bay Area Toll Authority		6.263		04/01/49		599,655
	200,000		Central Puget Sound Regional Transit Authority		5.491		11/01/39		216,096
	300,000		City of Chicago IL		5.432		01/01/42		249,498
	150,000		Colorado Bridge Enterprise		6.078		12/01/40		170,526
	200,000		Commonwealth of Massachusetts		4.200		12/01/21		211,214
	500,000		Commonwealth of Massachusetts		5.731		06/01/40		567,675
	195,000		Commonwealth of Pennsylvania		5.850		07/15/30		209,777
	200,000		County of Clark NV		6.820		07/01/45		243,796
	350,000		Denver City & County School District No. 1		4.242		12/15/37		311,941

109

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	District of Columbia		5.591	%	12/01/34	$	217,640
	100,000	East Baton Rouge Sewerage Commission		6.087		02/01/45		102,924
	500,000	Florida Hurricane Catastrophe Fund Finance Corp		2.995		07/01/20		473,235
	400,000	Government Development Bank for Puerto Rico		3.670		05/01/14		389,172
	390,000	Government Development Bank for Puerto Rico		3.448		02/01/15		350,415
	700,000	Government Development Bank for Puerto Rico		4.375		02/01/19		469,560
	82,651	Kentucky Asset Liability Commission		3.165		04/01/18		84,943
	30,000	Los Angeles Unified School District		5.750		07/01/34		33,212
	100,000	Massachusetts School Building Authority		5.715		08/15/39		109,758
	100,000	Metropolitan Government of Nashville & Davidson County		6.731		07/01/43		110,139
	940,000	Metropolitan Transportation Authority		6.648		11/15/39		1,096,811
	650,000	Metropolitan Transportation Authority		7.336		11/15/39		842,848
	500,000	Missouri Highway & Transportation Commission		5.445		05/01/33		538,280
	250,000	Municipal Electric Authority of Georgia		6.637		04/01/57		262,785
	500,000	Municipal Electric Authority of Georgia		6.655		04/01/57		522,450
	947,000	New Jersey Economic Development Authority		7.425		02/15/29		1,142,461
	35,000	New Jersey State Turnpike Authority		7.414		01/01/40		46,083
	800,000	New Jersey Transportation Trust Fund Authority		5.754		12/15/28		875,992
	360,000	New Jersey Transportation Trust Fund Authority		6.104		12/15/28		383,396
	700,000	New Jersey Transportation Trust Fund Authority		6.875		12/15/39		754,992
	1,100,000	New York City Municipal Water Finance Authority		5.790		06/15/41		1,147,443
	500,000	New York City Municipal Water Finance Authority		5.440		06/15/43		538,885
	600,000	New York State Dormitory Authority		5.289		03/15/33		639,714
	130,000	New York State Dormitory Authority		5.628		03/15/39		142,594
	545,000	New York State Dormitory Authority		5.600		03/15/40		598,464
	400,000	New York State Urban Development Corp		5.838		03/15/40		445,268
	100,000	Ohio State University		4.910		06/01/40		100,190
	675,000	Ohio State Water Development Authority		4.879		12/01/34		691,133
	750,000	Oregon School Boards Association		4.759		06/30/28		789,165
	250,000	Oregon School Boards Association		5.680		06/30/28		275,718
	100,000	Oregon State Department of Transportation		5.834		11/15/34		113,139
	200,000	Port Authority of New York & New Jersey		6.040		12/01/29		227,166
	100,000	Salt River Project Agricultural Improvement & Power District		4.839		01/01/41		100,477
	800,000	Santa Clara Valley Transportation Authority		5.876		04/01/32		874,528
	200,000	State of California		1.050		02/01/16		200,534
	300,000	State of California		5.750		03/01/17		338,517
	100,000	State of California		6.200		10/01/19		116,550
	100,000	State of California		5.700		11/01/21		112,151
	250,000	State of California		7.500		04/01/34		318,967
	285,000	State of California		7.550		04/01/39		368,639
	2,900,000	State of California		7.300		10/01/39		3,645,590
	2,740,000	State of California		7.625		03/01/40		3,583,564
	300,000	State of Connecticut		5.090		10/01/30		305,808
	620,000	State of Connecticut		5.850		03/15/32		691,523
	100,000	State of Illinois		4.511		03/01/15		103,628
	1,045,000	State of Illinois		4.961		03/01/16		1,112,392
	3,200,000	State of Illinois		5.100		06/01/33		2,972,608
	1,295,000	State of Illinois		6.725		04/01/35		1,361,265
	300,000	State of Oregon		5.762		06/01/23		347,763
	600,000	State of Texas		4.631		04/01/33		595,896
	50,000	State of Texas		5.517		04/01/39		55,929

110

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE		MATURITY DATE	VALUE
$	1,000,000	State of Texas	4.681	%	04/01/40	$	985,930
	575,000	State of Texas Transportation Commission	5.028		04/01/26		617,918
	500,000	State of Utah	3.539		07/01/25		489,980
	200,000	State of Washington	5.090		08/01/33		205,934
	604,000	State Public School Building Authority	5.000		09/15/27		628,003
	2,000,000	Tennessee Valley Authority	4.500		04/01/18		2,219,134
	750,000	Tennessee Valley Authority	3.875		02/15/21		791,948
	500,000	Tennessee Valley Authority	5.880		04/01/36		579,212
	500,000	Tennessee Valley Authority	5.500		06/15/38		549,178
	300,000	Tennessee Valley Authority	3.500		12/15/42		236,509
	1,000,000	Tennessee Valley Authority	4.625		09/15/60		894,429
	500,000	University of California	1.796		07/01/19		480,585
	200,000	University of California	5.770		05/15/43		220,402
	860,000	University of California	4.858		05/15/12		744,304
	100,000	University of Pennsylvania	4.674		09/01/12		88,621
	200,000	University of Southern California	5.250		10/01/11		210,954
	700,000	University of Texas	4.794		08/15/46		696,283
	150,000	Virginia Commonwealth Transportation Board	5.350		05/15/35		154,878
		TOTAL MUNICIPAL BONDS					46,203,027
U.S. TREASURY SECURITIES - 36.4%
	375,700	United States Treasury Bond	7.875		02/15/21		511,187
	1,500,000	United States Treasury Bond	6.375		08/15/27		1,991,718
	16,000,000	United States Treasury Bond	5.250		11/15/28		19,262,496
	26,060,000	United States Treasury Bond	5.250		02/15/29		31,369,725
	19,429,000	United States Treasury Bond	5.375		02/15/31		23,809,637
	10,000,000	United States Treasury Bond	4.500		02/15/36		11,126,560
	4,644,000	United States Treasury Bond	4.375		02/15/38		5,054,706
	7,983,000	United States Treasury Bond	3.500		02/15/39		7,517,743
	241,000	United States Treasury Bond	4.500		08/15/39		267,134
	850,000	United States Treasury Bond	4.375		11/15/39		923,711
	915,000	United States Treasury Bond	4.625		02/15/40		1,033,378
	3,380,000	United States Treasury Bond	4.375		05/15/40		3,671,525
	12,585,000	United States Treasury Bond	3.875		08/15/40		12,588,927
	11,185,000	United States Treasury Bond	4.250		11/15/40		11,903,290
	5,075,000	United States Treasury Bond	4.750		02/15/41		5,839,422
	26,350,000	United States Treasury Bond	4.375		05/15/41		28,589,750
	10,000,000	United States Treasury Bond	3.750		08/15/41		9,748,440
	2,300,000	United States Treasury Bond	3.125		11/15/41		1,986,625
	4,550,000	United States Treasury Bond	3.125		02/15/42		3,922,955
	7,500,000	United States Treasury Bond	3.000		05/15/42		6,289,455
	10,000,000	United States Treasury Bond	2.750		08/15/42		7,923,440
	4,000,000	United States Treasury Bond	2.750		11/15/42		3,162,500
	11,250,000	United States Treasury Bond	2.875		05/15/43		9,117,776
	6,500,000	United States Treasury Bond	3.625		08/15/43		6,138,437
	8,750,000	United States Treasury Bond	3.750		11/15/43		8,457,417
	25,000,000	United States Treasury Note	0.250		10/31/14		25,021,475
	16,000,000	United States Treasury Note	0.375		11/15/14		16,030,624
	9,000,000	United States Treasury Note	0.250		12/15/14		9,007,380
	10,000,000	United States Treasury Note	0.125		12/31/14		9,996,880
	6,310,000	United States Treasury Note	2.250		01/31/15		6,450,498
	30,000,000	United States Treasury Note	0.250		02/28/15		30,018,750
	5,000,000	United States Treasury Note	0.375		03/15/15		5,010,350

111

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE		MATURITY DATE	VALUE
$	12,000,000	United States Treasury Note	0.250	%	03/31/15	$	12,006,564
	100	United States Treasury Note	2.500		03/31/15		103
	12,000,000	United States Treasury Note	0.125		04/30/15		11,985,936
	7,170,000	United States Treasury Note	2.500		04/30/15		7,386,498
	30,000,000	United States Treasury Note	0.250		05/31/15		30,014,070
	1,240,000	United States Treasury Note	2.125		05/31/15		1,272,986
	20,000,000	United States Treasury Note	0.375		06/15/15		20,042,180
	10,000,000	United States Treasury Note	0.375		06/30/15		10,020,700
	3,120,000	United States Treasury Note	1.875		06/30/15		3,195,563
	6,895,000	United States Treasury Note	1.750		07/31/15		7,055,791
	19,000,000	United States Treasury Note	0.250		08/15/15		18,992,571
	1,775,000	United States Treasury Note	4.250		08/15/15		1,888,364
	8,000,000	United States Treasury Note	0.375		08/31/15		8,012,184
	11,340,000	United States Treasury Note	1.250		08/31/15		11,520,283
	2,500,000	United States Treasury Note	0.250		09/15/15		2,497,950
	18,805,000	United States Treasury Note	1.250		09/30/15		19,109,848
	20,000,000	United States Treasury Note	0.250		10/15/15		19,974,220
	27,300,000	United States Treasury Note	1.250		10/31/15		27,752,143
	20,000,000	United States Treasury Note	0.375		11/15/15		20,011,720
	23,550,000	United States Treasury Note	1.375		11/30/15		24,005,363
	5,000,000	United States Treasury Note	2.125		12/31/15		5,171,875
	59,000,000	United States Treasury Note	0.375		01/15/16		58,976,931
	5,400,000	United States Treasury Note	2.000		01/31/16		5,577,185
	10,650,000	United States Treasury Note	2.125		02/29/16		11,038,555
	250,000	United States Treasury Note	2.625		02/29/16		261,875
	8,000,000	United States Treasury Note	0.375		03/15/16		7,987,504
	9,000,000	United States Treasury Note	2.250		03/31/16		9,359,298
	12,000,000	United States Treasury Note	0.250		04/15/16		11,936,256
	14,000,000	United States Treasury Note	2.000		04/30/16		14,483,434
	164,000	United States Treasury Note	5.125		05/15/16		181,745
	11,250,000	United States Treasury Note	1.750		05/31/16		11,576,070
	22,000,000	United States Treasury Note	0.500		06/15/16		21,977,648
	5,000,000	United States Treasury Note	1.500		06/30/16		5,115,235
	10,750,000	United States Treasury Note	1.500		07/31/16		10,995,229
	970,000	United States Treasury Note	3.250		07/31/16		1,035,854
	19,000,000	United States Treasury Note	0.625		08/15/16		19,004,446
	14,000,000	United States Treasury Note	1.000		08/31/16		14,131,250
	14,200,000	United States Treasury Note	1.000		09/30/16		14,322,035
	23,050,000	United States Treasury Note	1.000		10/31/16		23,224,673
	27,000,000	United States Treasury Note	0.625		11/15/16		26,917,731
	173,000	United States Treasury Note	4.625		11/15/16		192,030
	278,400	United States Treasury Note	7.500		11/15/16		331,731
	15,250,000	United States Treasury Note	0.875		11/30/16		15,298,846
	4,000,000	United States Treasury Note	0.875		12/31/16		4,008,752
	50,300,000	United States Treasury Note	0.875		01/31/17		50,347,181
	16,250,000	United States Treasury Note	0.875		02/28/17		16,248,732
	220,000	United States Treasury Note	3.000		02/28/17		234,437
	21,300,000	United States Treasury Note	1.000		03/31/17		21,346,604
	16,500,000	United States Treasury Note	0.875		04/30/17		16,451,012
	160,000	United States Treasury Note	8.750		05/15/17		201,088
	30,400,000	United States Treasury Note	0.625		05/31/17		30,003,371
	11,000,000	United States Treasury Note	0.750		06/30/17		10,883,983

112

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE		MATURITY DATE	VALUE
$	20,200,000	United States Treasury Note	0.500	%	07/31/17	$	19,775,477
	139,200	United States Treasury Note	8.875		08/15/17		177,611
	17,300,000	United States Treasury Note	0.625		08/31/17		16,975,625
	16,000,000	United States Treasury Note	0.625		09/30/17		15,667,504
	61,750,000	United States Treasury Note	0.750		10/31/17		60,630,781
	8,414,000	United States Treasury Note	4.250		11/15/17		9,368,467
	20,500,000	United States Treasury Note	0.625		11/30/17		19,987,500
	31,000,000	United States Treasury Note	0.750		12/31/17		30,312,172
	8,044,000	United States Treasury Note	2.750		12/31/17		8,501,503
	21,000,000	United States Treasury Note	0.875		01/31/18		20,599,698
	8,127,000	United States Treasury Note	2.625		01/31/18		8,546,044
	31,000,000	United States Treasury Note	0.750		02/28/18		30,183,832
	23,000,000	United States Treasury Note	0.750		03/31/18		22,345,926
	15,000,000	United States Treasury Note	0.625		04/30/18		14,465,625
	6,172,000	United States Treasury Note	2.625		04/30/18		6,478,187
	6,266,000	United States Treasury Note	3.875		05/15/18		6,906,310
	72,000,000	United States Treasury Note	1.000		05/31/18		70,425,000
	7,862,000	United States Treasury Note	2.375		05/31/18		8,161,126
	7,000,000	United States Treasury Note	1.375		06/30/18		6,946,954
	15,000,000	United States Treasury Note	1.375		07/31/18		14,865,240
	13,065,000	United States Treasury Note	2.250		07/31/18		13,468,173
	40,350,000	United States Treasury Note	1.500		08/31/18		40,145,103
	22,000,000	United States Treasury Note	1.375		09/30/18		21,731,864
	28,000,000	United States Treasury Note	1.250		10/31/18		27,450,948
	1,681,000	United States Treasury Note	9.000		11/15/18		2,261,996
	33,500,000	United States Treasury Note	1.250		11/30/18		32,782,899
	32,500,000	United States Treasury Note	1.500		12/31/18		32,134,375
	2,802,400	United States Treasury Note	2.750		02/15/19		2,936,388
	3,000,000	United States Treasury Note	1.000		06/30/19		2,852,814
	3,000,000	United States Treasury Note	1.375		01/31/20		2,869,452
	1,377,000	United States Treasury Note	3.625		02/15/20		1,498,779
	1,132,000	United States Treasury Note	3.500		05/15/20		1,221,233
	4,000,000	United States Treasury Note	1.875		06/30/20		3,902,812
	4,000,000	United States Treasury Note	2.000		07/31/20		3,928,752
	5,342,000	United States Treasury Note	2.625		08/15/20		5,450,507
	6,000,000	United States Treasury Note	2.000		09/30/20		5,865,000
	5,650,000	United States Treasury Note	2.625		11/15/20		5,741,813
	5,000,000	United States Treasury Note	2.000		11/30/20		4,867,190
	7,000,000	United States Treasury Note	2.375		12/31/20		6,972,658
	5,900,000	United States Treasury Note	3.625		02/15/21		6,366,932
	125,000	United States Treasury Note	8.125		05/15/21		173,037
	27,610,000	United States Treasury Note	2.125		08/15/21		26,747,187
	122,000	United States Treasury Note	8.125		08/15/21		169,723
	6,070,000	United States Treasury Note	2.000		11/15/21		5,793,530
	13,379,100	United States Treasury Note	8.000		11/15/21		18,584,399
	10,500,000	United States Treasury Note	1.625		11/15/22		9,477,888
	13,250,000	United States Treasury Note	1.750		05/15/23		11,942,596
	16,000,000	United States Treasury Note	2.500		08/15/23		15,364,992
	27,500,000	United States Treasury Note	2.750		11/15/23		26,902,728
		TOTAL U.S. TREASURY SECURITIES					1,750,237,894

113

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE		MATURITY DATE	VALUE
		TOTAL GOVERNMENT BONDS				$	3,541,629,345
		(Cost $3,598,954,432)
STRUCTURED ASSETS - 2.1%
ASSET BACKED - 0.4%
$	500,000	Ally Auto Receivables Trust	1.210	%	07/15/16	$	504,575
		Series - 2012 1 (Class A4)
	800,000	Ally Auto Receivables Trust	0.800		10/16/17		798,330
		Series - 2012 4 (Class A4)
	500,000	Americredit Automobile Receivables Trust	2.420		05/08/19		496,221
		Series - 0 2 (Class D)
	500,000	AmeriCredit Automobile Receivables Trust	2.670		01/08/18		511,458
		Series - 2012 1 (Class C)
	300,000	AmeriCredit Automobile Receivables Trust	1.790		03/08/19		297,760
		Series - 2013 2 (Class C)
	150,000	AmeriCredit Automobile Receivables Trust	2.380		06/10/19		150,685
		Series - 2013 3 (Class C)
	500,000	Capital Auto Receivables Asset Trust	2.190		09/20/21		490,082
		Series - 0 1 (Class D)
	1,250,000	Capital One Multi-Asset Execution Trust	5.050		12/17/18		1,361,716
		Series - 2006 A3 (Class A3)
	500,000	Capital One Multi-Asset Execution Trust	5.750		07/15/20		574,456
		Series - 2007 A7 (Class A7)
	600,000	Centerpoint Energy Transistion	3.460		08/15/19		638,014
		Series - 0 1 (Class A2)
	600,000	CenterPoint Energy Transition Bond Co LLC	2.161		10/15/21		596,740
		Series - 2012 1 (Class A2)
	400,000	Chase Issuance Trust	0.790		06/15/17		401,351
		Series - 2012 A3 (Class A3)
	135,000	CitiBank Credit Card Issuance Trust	4.900		06/23/16		137,896
		Series - 2009 A4 (Class A4)
	750,000	CitiBank Credit Card Issuance Trust	5.650		09/20/19		859,009
		Series - 2007 A8 (Class A8)
	310,000	CitiBank Credit Card Issuance Trust	5.350		02/07/20		353,290
		Series - 2008 A1 (Class A1)
	289,639	Detroit Edison Securitization Funding LLC	6.620		03/01/16		301,637
		Series - 2001 1 (Class A6)
	3,000,000	Discover Card Master Trust	5.650		03/16/20		3,435,006
		Series - 2007 A1 (Class A1)
	260,000	Ford Credit Auto Owner Trust	3.560		01/15/17		267,616
		Series - 2010 B (Class D)
	662,000	Ford Credit Auto Owner Trust	0.550		07/15/17		662,044
		Series - 2013 A (Class A3)
	820,000	Ford Credit Auto Owner Trust	1.320		01/15/19		820,674
		Series - 2013 B (Class C)
	1,900,000	GE Capital Credit Card Master Note Trust	1.360		08/17/20		1,872,032
		Series - 2012 6 (Class A)
	590,000	Hyundai Auto Receivables Trust	0.750		09/17/18		586,373
		Series - 2013 A (Class A4)
	1,150,000	Nissan Auto Receivables Owner Trust	0.840		11/15/17		1,155,134
		Series - 2013 B (Class A3)

114

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE		MATURITY DATE	VALUE
$	400,000		Nissan Auto Receivables Owner Trust	1.000	%	07/16/18	$	402,737
			Series - 2012 A (Class A4)
	17,530	i	Residential Asset Securities Corp	6.489		10/25/30		17,554
			Series - 2001 KS2 (Class AI6)
	15,000	i	Residential Funding Mortgage Securities II, Inc	6.060		02/25/36		15,796
			Series - 2006 HI1 (Class M2)
	200,000		Santander Drive Auto Receivables Trust	3.300		09/17/18		205,908
			Series - 2012 5 (Class D)
	1,500,000		Santander Drive Auto Receivables Trust	2.270		01/15/19		1,483,089
			Series - 2013 1 (Class D)
	300,000		Santander Drive Auto Receivables Trust	1.950		03/15/19		299,938
			Series - 2013 2 (Class C)
	100,000		Volkswagen Auto Loan Enhanced Trust	0.660		03/20/19		99,463
			Series - 2012 2 (Class A4)
	15,000	g	Vornado DP LLC	4.004		09/13/28		15,655
			Series - 2010 VNO (Class A2FX)
			TOTAL ASSET BACKED					19,812,239
OTHER MORTGAGE BACKED - 1.7%
	412,084	i	Banc of America Commercial Mortgage, Inc	5.171		11/10/42		418,487
			Series - 2005 1 (Class A4)
	104,415	i	Banc of America Commercial Mortgage, Inc	5.889		07/10/44		113,588
			Series - 2006 3 (Class A4)
	450,000		Banc of America Commercial Mortgage, Inc	5.356		10/10/45		484,463
			Series - 2006 6 (Class A4)
	199,852		Banc of America Commercial Mortgage, Inc	5.379		09/10/47		201,216
			Series - 2006 5 (Class AAB)
	53,275		Banc of America Commercial Mortgage, Inc	5.449		01/15/49		53,222
			Series - 2007 1 (Class A3)
	125,000		Banc of America Merrill Lynch Commercial Mortgage, Inc	4.811		12/10/42		128,007
			Series - 2004 6 (Class A5)
	1,350,000	i	Banc of America Merrill Lynch Commercial Mortgage, Inc	5.184		09/10/47		1,437,124
			Series - 2005 6 (Class A4)
	464,357		Banc of America Merrill Lynch Commercial Mortgage, Inc	5.620		02/10/51		466,106
			Series - 2007 5 (Class A3)
	1,320,000		Bear Stearns Commercial Mortgage Securities	5.201		12/11/38		1,441,884
			Series - 2006 PW14 (Class A4)
	280,000	i	Bear Stearns Commercial Mortgage Securities	5.439		03/11/39		301,612
			Series - 2006 PW11 (Class A4)
	200,000	i	Bear Stearns Commercial Mortgage Securities	5.706		06/11/40		224,287
			Series - 2007 PW16 (Class A4)
	349,314		Bear Stearns Commercial Mortgage Securities	4.674		06/11/41		363,290
			Series - 2005 PWR8 (Class A4)
	364,033	i	Bear Stearns Commercial Mortgage Securities	5.468		06/11/41		366,115
			Series - 2004 PWR4 (Class A3)
	825,000	i	Bear Stearns Commercial Mortgage Securities	5.582		09/11/41		900,725
			Series - 2006 PW13 (Class AM)
	495,000		Bear Stearns Commercial Mortgage Securities	5.537		10/12/41		540,969
			Series - 2006 T24 (Class A4)
	623,879	i	Bear Stearns Commercial Mortgage Securities	4.750		02/13/46		637,276
			Series - 2004 T16 (Class A6)
	1,000,000	i	Bear Stearns Commercial Mortgage Securities	5.694		06/11/50		1,119,784
			Series - 2007 PW17 (Class A4)

115

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	500,000		Bear Stearns Commercial Mortgage Securities		5.700	%	06/11/50	$	562,012
			Series - 2007 PW18 (Class A4)
	140,571		Bear Stearns Commercial Mortgage Securities		5.736		06/11/50		144,293
			Series - 2007 PW17 (Class A3)
	543,372		Citigroup Commercial Mortgage Trust		4.733		10/15/41		552,835
			Series - 2004 C2 (Class A5)
	750,000	i	Citigroup Commercial Mortgage Trust		6.132		12/10/49		849,109
			Series - 2008 C7 (Class A4)
	17,284		Citigroup Commercial Mortgage Trust		5.205		12/11/49		17,287
			Series - 2007 CD4 (Class A2B)
	585,000		Citigroup, Inc		5.322		12/11/49		640,638
			Series - 2007 CD4 (Class A4)
	550,000	i	Citigroup/Deutsche Bank Commercial Mortgage Trust		5.218		07/15/44		577,977
			Series - 2005 CD1 (Class AJ)
	1,035,000		Citigroup/Deutsche Bank Commercial Mortgage Trust		5.617		10/15/48		1,127,837
			Series - 2006 CD3 (Class A5)
	730,000		COMM Mortgage Trust		2.256		12/10/44		744,328
			Series - 2012 LC4 (Class A2)
	580,000		COMM Mortgage Trust		4.063		12/10/44		587,235
			Series - 2012 LC4 (Class AM)
	500,000		COMM Mortgage Trust		2.752		08/15/45		493,266
			Series - 2012 CR2 (Class ASB)
	749,000		COMM Mortgage Trust		1.906		01/10/46		742,178
			Series - 2013 LC6 (Class A2)
	400,000		COMM Mortgage Trust		2.941		01/10/46		374,757
			Series - 2013 LC6 (Class A4)
	524,000		COMM Mortgage Trust		3.213		03/10/46		500,181
			Series - 0 CR7 (Class A4)
	525,000	i	COMM Mortgage Trust		5.752		06/10/46		570,889
			Series - 2006 C7 (Class A4)
	500,000		COMM Mortgage Trust		4.258		10/10/46		513,719
			Series - 2013 CR11 (Class A4)
	255,000	i	COMM Mortgage Trust		5.800		12/10/49		287,546
			Series - 2007 C9 (Class A4)
	300,000	i	COMM Mortgage Trust		6.007		12/10/49		336,617
			Series - 2008 LS1 (Class ASM)
	1,943,125	i	Credit Suisse Commercial Mortgage Trust		5.791		06/15/38		2,115,708
			Series - 2006 C3 (Class A3)
	2,789,000		Credit Suisse First Boston Mortgage Securities Corp		4.829		11/15/37		2,850,866
			Series - 2004 C5 (Class A4)
	500,000	i	Credit Suisse Mortgage Capital Certificates		5.465		02/15/39		538,700
			Series - 0 C1 (Class A4)
	177,945		Credit Suisse Mortgage Capital Certificates		5.467		09/15/39		193,573
			Series - 2006 C4 (Class A3)
	2,100,000		Credit Suisse Mortgage Capital Certificates		5.509		09/15/39		2,254,875
			Series - 2006 C4 (Class AM)
	59,047	i	CS First Boston Mortgage Securities Corp		5.416		05/15/36		59,142
			Series - 2004 C2 (Class A2)
	625,000	i	CS First Boston Mortgage Securities Corp		5.100		08/15/38		656,104
			Series - 2005 C5 (Class A4)
	220,000	i	CS First Boston Mortgage Securities Corp		5.100		08/15/38		231,721
			Series - 2005 C5 (Class AJ)

116

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	178,947	i	GE Capital Commercial Mortgage Corp		5.279	%	11/10/45	$	182,928
			Series - 2005 C4 (Class ASB)
	1,000,000	i	GE Capital Commercial Mortgage Corp		5.311		11/10/45		1,062,790
			Series - 2005 C4 (Class A4)
	66,851	i	Greenwich Capital Commercial Funding Corp		5.317		06/10/36		67,201
			Series - 0 GG1 (Class A7)
	1,835,000	i	Greenwich Capital Commercial Funding Corp		5.224		04/10/37		1,935,151
			Series - 2005 GG5 (Class A5)
	600,000	i	Greenwich Capital Commercial Funding Corp		5.277		04/10/37		636,949
			Series - 2005 GG5 (Class AM)
	711,863	i	Greenwich Capital Commercial Funding Corp		5.820		07/10/38		777,605
			Series - 2006 GG7 (Class A4)
	550,000		Greenwich Capital Commercial Funding Corp		5.444		03/10/39		604,144
			Series - 2007 GG9 (Class A4)
	610,000		Greenwich Capital Commercial Funding Corp		5.475		03/10/39		649,103
			Series - 2007 GG9 (Class AM)
	2,000,000		Greenwich Capital Commercial Funding Corp		5.736		12/10/49		2,233,526
			Series - 2007 GG11 (Class A4)
	1,825,000	i	GS Mortgage Securities Corp II		5.553		04/10/38		1,965,169
			Series - 2006 GG6 (Class A4)
	740,000	i	GS Mortgage Securities Corp II		5.622		04/10/38		800,784
			Series - 2006 GG6 (Class AM)
	1,350,000		GS Mortgage Securities Corp II		5.560		11/10/39		1,480,251
			Series - 2006 GG8 (Class A4)
	434,000		GS Mortgage Securities Corp II		3.314		01/10/45		446,809
			Series - 0 GC6 (Class AAB)
	300,000		GS Mortgage Securities Corp II		2.943		02/10/46		280,735
			Series - 2013 GC10 (Class A5)
	300,000		GS Mortgage Securities Corp II		3.279		02/10/46		282,130
			Series - 2013 GC10 (Class AS)
	500,000		GS Mortgage Securities Trust		3.482		01/10/45		499,083
			Series - 2012 GC6 (Class A3)
	195,000		GS Mortgage Securities Trust		4.740		05/10/45		200,609
			Series - 0 GCJ7 (Class B)
	250,000		GS Mortgage Securities Trust		1.840		02/10/46		248,886
			Series - 2013 GC10 (Class A2)
	500,000		GS Mortgage Securities Trust		3.135		06/10/46		472,965
			Series - 2013 GC12 (Class A4)
	90,000	g	JP Morgan Chase Commercial Mortgage Securities Corp		5.633		12/05/27		101,448
			Series - 2009 IWST (Class A2)
	466,260		JP Morgan Chase Commercial Mortgage Securities Corp		5.115		07/15/41		471,246
			Series - 2004 LN2 (Class A2)
	1,125,000		JP Morgan Chase Commercial Mortgage Securities Corp		5.429		12/12/43		1,217,568
			Series - 2006 CB17 (Class A4)
	1,000,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.200		12/15/44		1,065,437
			Series - 2005 LDP5 (Class A4)
	200,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.863		04/15/45		220,373
			Series - 2006 LDP7 (Class AM)
	300,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.202		05/15/45		310,636
			Series - 2012 C6 (Class D)
	107,791		JP Morgan Chase Commercial Mortgage Securities Corp		5.447		05/15/45		109,950
			Series - 2006 LDP8 (Class A3B)

117

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		JP Morgan Chase Commercial Mortgage Securities Corp		3.483	%	06/15/45	$	298,136
			Series - 2012 CBX (Class A4)
	500,000		JP Morgan Chase Commercial Mortgage Securities Corp		1.855		04/15/46		493,669
			Series - 2013 LC11 (Class A2)
	500,000		JP Morgan Chase Commercial Mortgage Securities Corp		4.171		08/15/46		525,067
			Series - 2011 C5 (Class A3)
	338,362		JP Morgan Chase Commercial Mortgage Securities Corp		5.134		05/15/47		341,995
			Series - 2006 LDP9 (Class A2)
	1,480,000		JP Morgan Chase Commercial Mortgage Securities Corp		5.336		05/15/47		1,620,156
			Series - 2006 LDP9 (Class A3)
	950,000		JP Morgan Chase Commercial Mortgage Securities Corp		5.440		06/12/47		1,044,022
			Series - 2007 CB18 (Class A4)
	300,000		JP Morgan Chase Commercial Mortgage Securities Corp		2.840		12/15/47		280,521
			Series - 2012 LC9 (Class A5)
	500,000		JP Morgan Chase Commercial Mortgage Securities Corp		3.143		12/15/47		476,428
			Series - 2013 C10 (Class A5)
	860,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.806		06/15/49		956,593
			Series - 2007 LD11 (Class A4)
	450,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.806		06/15/49		458,510
			Series - 2007 LD11 (Class A3)
	246,538	i	LB-UBS Commercial Mortgage Trust		5.020		08/15/29		249,662
			Series - 2004 C6 (Class A6)
	545,000		LB-UBS Commercial Mortgage Trust		4.742		02/15/30		559,486
			Series - 2005 C1 (Class A4)
	415,000	i	LB-UBS Commercial Mortgage Trust		5.150		04/15/30		432,185
			Series - 2005 C2 (Class A5)
	380,000		LB-UBS Commercial Mortgage Trust		5.156		02/15/31		405,854
			Series - 2006 C1 (Class A4)
	125,000		LB-UBS Commercial Mortgage Trust		5.372		09/15/39		136,350
			Series - 2006 C6 (Class A4)
	200,000	i	LB-UBS Commercial Mortgage Trust		5.452		09/15/39		213,534
			Series - 2006 C6 (Class AJ)
	1,405,000		LB-UBS Commercial Mortgage Trust		5.424		02/15/40		1,548,386
			Series - 2007 C1 (Class A4)
	804,063		LB-UBS Commercial Mortgage Trust		5.430		02/15/40		885,761
			Series - 2007 C2 (Class A3)
	875,000		LB-UBS Commercial Mortgage Trust		4.843		07/15/40		908,296
			Series - 2005 C3 (Class AJ)
	600,000	i	LB-UBS Commercial Mortgage Trust		6.114		07/15/40		657,846
			Series - 2007 C6 (Class AM)
	303,312	i	LB-UBS Commercial Mortgage Trust		5.866		09/15/45		336,391
			Series - 2007 C7 (Class A3)
	136,190	i	Merrill Lynch Mortgage Trust		5.280		11/12/37		144,523
			Series - 2005 CKI1 (Class A6)
	225,000	i	Merrill Lynch Mortgage Trust		5.280		11/12/37		236,633
			Series - 2005 CKI1 (Class AJ)
	290,000	i	Merrill Lynch Mortgage Trust		5.107		07/12/38		306,196
			Series - 2005 CIP1 (Class AM)
	235,000	i	Merrill Lynch Mortgage Trust		5.676		05/12/39		255,253
			Series - 2006 C1 (Class A4)
	343,354	i	Merrill Lynch Mortgage Trust		5.859		06/12/50		353,253
			Series - 2007 C1 (Class A3)

118

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	472,112	i	Merrill Lynch/Countrywide Commercial Mortgage Trust		5.468	%	02/12/39	$	506,033
			Series - 2006 1 (Class A4)
	164,000		Morgan Stanley Bank of America Merrill Lynch Trust		2.506		11/15/45		158,360
			Series - 2012 C6 (Class A3)
	60,000		Morgan Stanley Bank of America Merrill Lynch Trust		2.918		02/15/46		56,210
			Series - 2013 C7 (Class A4)
	750,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.102		05/15/46		707,993
			Series - 2013 C9 (Class A4)
	500,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.456		05/15/46		472,641
			Series - 2013 C9 (Class AS)
	240,000	i	Morgan Stanley Bank of America Merrill Lynch Trust		3.708		05/15/46		223,302
			Series - 2013 C9 (Class B)
	49,081	i	Morgan Stanley Capital I		5.819		04/15/38		49,039
			Series - 2003 IQ5 (Class C)
	311,311		Morgan Stanley Capital I		4.970		04/14/40		315,117
			Series - 2004 HQ4 (Class A7)
	403,472	i	Morgan Stanley Capital I		5.270		06/13/41		408,680
			Series - 2004 T15 (Class A4)
	1,207,194		Morgan Stanley Capital I		5.168		01/14/42		1,236,806
			Series - 2005 HQ5 (Class A4)
	590,000		Morgan Stanley Capital I		5.364		03/15/44		649,647
			Series - 2007 IQ13 (Class A4)
	196,911	i	Morgan Stanley Capital I		5.731		07/12/44		214,446
			Series - 2006 HQ9 (Class A4)
	750,000		Morgan Stanley Capital I		5.569		12/15/44		808,972
			Series - 2007 HQ13 (Class A3)
	250,000		Morgan Stanley Capital I		2.111		03/15/45		252,590
			Series - 2012 C4 (Class A2)
	1,250,000		Morgan Stanley Capital I		3.244		03/15/45		1,219,836
			Series - 2012 C4 (Class A4)
	1,550,000	i	Morgan Stanley Capital I		5.692		04/15/49		1,716,599
			Series - 2007 IQ14 (Class A4)
	205,000	i	Morgan Stanley Capital I		5.544		11/12/49		223,765
			Series - 2007 T25 (Class AM)
	1,750,000		Morgan Stanley Capital I		5.809		12/12/49		1,956,390
			Series - 2007 IQ16 (Class A4)
	245,000		Morgan Stanley Capital I		4.770		07/15/56		253,339
			Series - 0 IQ9 (Class AJ)
	500,000	i	TIAA Seasoned Commercial Mortgage Trust		5.565		08/15/39		530,400
			Series - 2007 C4 (Class AJ)
	1,500,000		UBS Barclays Commercial Mortgage Trust		3.185		03/10/46		1,431,480
			Series - 2013 C5 (Class A4)
	500,000		UBS Barclays Commercial Mortgage Trust		3.244		04/10/46		478,274
			Series - 0 C6 (Class A4)
	1,000,000		UBS Barclays Commercial Mortgage Trust		3.525		05/10/63		988,463
			Series - 2012 C2 (Class A4)
	400,000		UBS Citigroup Commercial Mortgage Trust		3.595		01/10/45		402,030
			Series - 2011 C1 (Class A3)
	100,000		UBS Commercial Mortgage Trust		4.822		05/10/45		102,770
			Series - 2012 C1 (Class B)
	100,000		Wachovia Bank Commercial Mortgage Trust		5.342		12/15/43		109,970
			Series - 2007 C30 (Class A5)

119

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,000,000	i	Wachovia Bank Commercial Mortgage Trust		5.289	%	12/15/44	$	1,064,501
			Series - 2005 C22 (Class A4)
	730,228	i	Wachovia Bank Commercial Mortgage Trust		5.339		12/15/44		775,672
			Series - 2005 C22 (Class AM)
	105,000	i	Wachovia Bank Commercial Mortgage Trust		5.515		01/15/45		111,587
			Series - 2006 C23 (Class AJ)
	55,449		Wachovia Bank Commercial Mortgage Trust		5.576		03/15/45		55,661
			Series - 2006 C24 (Class APB)
	843,937	i	Wachovia Bank Commercial Mortgage Trust		5.765		07/15/45		906,375
			Series - 2006 C27 (Class A3)
	750,000		Wachovia Bank Commercial Mortgage Trust		5.678		05/15/46		834,647
			Series - 2007 C34 (Class A3)
	300,000	i	Wachovia Bank Commercial Mortgage Trust		5.603		10/15/48		322,035
			Series - 2006 C28 (Class AM)
	200,000	i	Wachovia Bank Commercial Mortgage Trust		5.925		02/15/51		224,732
			Series - 2007 C33 (Class A5)
	1,225,000	i	Wachovia Bank Commercial Mortgage Trust		5.925		02/15/51		1,336,018
			Series - 2007 C33 (Class A4)
	1,250,000		WF-RBS Commercial Mortgage Trust		2.684		11/15/44		1,288,804
			Series - 2011 C5 (Class A2)
	250,000	i	WF-RBS Commercial Mortgage Trust		4.848		06/15/45		248,981
			Series - 0 C7 (Class C)
	400,000		WF-RBS Commercial Mortgage Trust		3.001		08/15/45		380,756
			Series - 2012 C8 (Class A3)
	775,000		WF-RBS Commercial Mortgage Trust		3.241		12/15/45		727,282
			Series - 2012 C10 (Class AS)
	309,813		WF-RBS Commercial Mortgage Trust		0.735		03/15/48		306,694
			Series - 2013 C12 (Class A1)
	500,000		WF-RBS Commercial Mortgage Trust		3.198		03/15/48		477,301
			Series - 2013 C12 (Class A4)
			TOTAL OTHER MORTGAGE BACKED						84,703,928
			TOTAL STRUCTURED ASSETS						104,516,167
			(Cost $103,904,352)
			TOTAL BONDS						4,781,450,028
			(Cost $4,843,995,802)
SHORT-TERM INVESTMENTS - 1.0%
TREASURY DEBT - 1.0%
	46,900,000		United States Treasury Bill		0.053-0.061		03/13/14		46,896,342
			TOTAL TREASURY DEBT						46,896,342
			TOTAL SHORT-TERM INVESTMENTS						46,896,342
			(Cost $46,894,728)
			TOTAL INVESTMENTS - 100.3%						4,828,346,370
			(Cost $4,890,890,530)
			OTHER ASSETS & LIABILITIES, NET - (0.3)%						(15,381,784	)
			NET ASSETS - 100.0%					$	4,812,964,586

120

TIAA-CREF FUNDS - Bond Index Fund

	Abbreviation(s):
REIT	Real Estate Investment Trust
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $8,977,804 or 0.2% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	Floating or variable rate security. Coupon rate reflects the rate at period end.
j	Zero coupon.

121

TIAA-CREF FUNDS - Bond Plus Fund

TIAA-CREF FUNDS

BOND PLUS FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
BANK LOAN OBLIGATIONS - 4.1%
AUTOMOBILES & COMPONENTS - 0.1%
$	2,335,541	i	Allison Transmission, Inc		3.750	%	08/23/19	$	2,346,495
			TOTAL AUTOMOBILES & COMPONENTS						2,346,495
CAPITAL GOODS - 0.7%
	2,000,000	i	Alliant Techsystems, Inc		3.500		11/01/20		2,003,340
	997,494	i	Apex Tool Group LLC		4.500		01/31/20		1,000,985
	790,020	i	FMG Resources August 2006 Pty Ltd		4.250		06/30/19		799,650
	1,305,894	i	Generac Power Systems, Inc		3.500		05/30/18		1,305,345
	3,000,000	i	Schaeffler AG.		4.250		01/27/17		3,021,240
	965,250	i	Sequa Corp		5.250		06/19/17		940,598
	2,185,791	i	Tomkins LLC		4.000		09/29/16		2,190,163
	2,932,785	i	TransDigm, Inc		3.750		02/28/20		2,938,123
			TOTAL CAPITAL GOODS						14,199,444
COMMERCIAL & PROFESSIONAL SERVICES - 0.2%
	2,992,500	i	Activision Blizzard, Inc		3.250		10/11/20		3,009,677
	992,462	i	Pilot Corp		4.250		08/07/19		995,569
	997,500		Pitney Bowes Management		7.500		09/03/19		1,002,487
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						5,007,733
CONSUMER DURABLES & APPAREL - 0.1%
	2,984,962	i	CIH International Sarl		2.750		05/02/20		2,985,559
			TOTAL CONSUMER DURABLES & APPAREL						2,985,559
CONSUMER SERVICES - 0.7%
	900,000	i	ARAMARK Corp		4.000		09/07/19		905,247
	698,250	i	Boyd Gaming Corp		4.000		08/14/20		699,339
	1,395,427	i	Burger King Corp		3.750		09/28/19		1,400,074
	2,200,377	i	DineEquity, Inc		3.750		10/19/17		2,206,956
	2,368,421	i	Hilton Worldwide		4.000		10/25/20		2,386,184
	2,500,000		Marina District Finance Co, Inc		6.750		08/15/18		2,507,825
	594,000	i	MGM Resorts International		3.500		12/20/19		595,117
	1,494,994	i	Pinnacle Entertainment, Inc		3.750		08/13/20		1,500,226
	1,000,000	h,i	Spin Holdco, Inc		4.250		11/08/19		1,004,380
	500,000		Spin Holdco, Inc		4.250		11/08/19		503,125
			TOTAL CONSUMER SERVICES						13,708,473
DIVERSIFIED FINANCIALS - 0.1%
	2,173,337	i	TransUnion LLC		4.250		02/10/19		2,183,660
			TOTAL DIVERSIFIED FINANCIALS						2,183,660
ENERGY - 0.1%
	2,955,028	i	Arch Coal, Inc		5.750		05/16/18		2,911,323
			TOTAL ENERGY						2,911,323

122

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
FOOD & STAPLES RETAILING - 0.1%
$	1,000,000	i	Rite Aid Corp		5.750	%	08/21/20	$	1,023,440
	1,500,000	i	Rite Aid Corp		4.875		06/21/21		1,519,995
			TOTAL FOOD & STAPLES RETAILING						2,543,435
FOOD, BEVERAGE & TOBACCO - 0.3%
	3,254,286	i	Del Monte Foods Co		4.000		03/08/18		3,261,804
	2,288,500	i	HJ Heinz Co		3.500		06/05/20		2,304,428
			TOTAL FOOD, BEVERAGE & TOBACCO						5,566,232
HEALTH CARE EQUIPMENT & SERVICES - 0.6%
	995,000	i	Apria Healthcare Group, Inc		6.750		04/05/20		997,070
	2,985,000	i	Biomet, Inc		4.500		07/25/17		3,001,806
	3,265,952	i	Capsugel Holdings US, Inc		3.500		08/01/18		3,263,927
	2,992,500	i	HCA, Inc		2.929		05/01/18		2,991,872
	997,490	i	Kinetic Concepts, Inc		4.500		05/04/18		1,002,477
	2,000,000	h,i	Kinetic Concepts, Inc		4.500		05/04/18		2,010,000
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						13,267,152
INSURANCE - 0.1%
	1,215,813	i	Compass Investors, Inc		5.000		12/27/19		1,219,995
			TOTAL INSURANCE						1,219,995
MATERIALS - 0.0%
	1,019,875	i	Tronox Pigments BV		4.500		03/19/20		1,032,368
			TOTAL MATERIALS						1,032,368
MEDIA - 0.2%
	2,487,500	i	CSC Holdings LLC		2.679		04/17/20		2,461,083
	2,000,000	i	Virgin Media Investment Holdings Ltd		3.500		06/08/20		2,003,000
			TOTAL MEDIA						4,464,083
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1%
	1,591,651	i	NBTY, Inc		3.500		10/01/17		1,600,182
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						1,600,182
REAL ESTATE - 0.1%
	2,000,000	i	CityCenter Holdings LLC		5.000		10/16/20		2,027,480
			TOTAL REAL ESTATE						2,027,480
RETAILING - 0.1%
	1,967,594	i	Academy Ltd		4.500		08/03/18		1,977,432
			TOTAL RETAILING						1,977,432
SOFTWARE & SERVICES - 0.4%
	962,611	i	IMS Health, Inc		3.750		09/01/17		965,172
	1,347,349	h,i	Infor US, Inc		3.750		06/03/20		1,344,263
	1,347,349	i	Lawson Software, Inc		5.250		04/05/18		1,350,434
	3,000,000	i	Mitchell International, Inc		8.500		10/11/21		3,039,390

123

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,623,724	i	P2 Lower Acquisition LLC		5.500	%	10/22/20	$	1,627,784
	495,000	i	SunGard Data Systems, Inc		4.500		01/31/20		497,064
			TOTAL SOFTWARE & SERVICES						8,824,107
TECHNOLOGY HARDWARE & EQUIPMENT - 0.1%
	2,000,000	i	Scientific Games International, Inc		4.250		10/18/20		2,000,500
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						2,000,500
TELECOMMUNICATION SERVICES - 0.0%
	1,000,000		Internap Network Services Corp		6.000		10/30/19		995,000
			TOTAL TELECOMMUNICATION SERVICES						995,000
UTILITIES - 0.0%
	246,875	i	Calpine Corp		4.000		10/09/19		248,307
			TOTAL UTILITIES						248,307
			TOTAL BANK LOAN OBLIGATIONS						89,108,960
			(Cost $88,627,141)
BONDS - 92.1%
CORPORATE BONDS - 41.2%
AUTOMOBILES & COMPONENTS - 0.2%
	1,000,000		DaimlerChrysler Group LLC		8.000		06/15/19		1,105,000
	1,000,000		Ford Motor Co		7.450		07/16/31		1,224,668
	950,000		Ford Motor Co		4.750		01/15/43		856,780
	775,000	g	TRW Automotive, Inc		4.500		03/01/21		782,750
			TOTAL AUTOMOBILES & COMPONENTS						3,969,198
BANKS - 5.6%
	2,000,000	g	Australia & New Zealand Banking Group Ltd		2.400		11/23/16		2,070,800
	1,025,000	g	Banco Davivienda S.A.		2.950		01/29/18		989,125
	2,000,000	g	Banco de Bogota S.A.		5.000		01/15/17		2,115,000
	750,000	g	Banco de Credito del Peru		4.250		04/01/23		692,813
	475,000	g	Banco de Credito e Inversiones		4.000		02/11/23		439,399
	1,500,000		Banco de Oro Unibank, Inc		3.875		04/22/16		1,526,250
	2,000,000	g	Banco del Estado de Chile		2.000		11/09/17		1,964,488
	1,500,000	g	Banco Nacional de Costa Rica		4.875		11/01/18		1,470,000
	750,000	g	Banco Santander Mexico S.A. Institucion de Banca Multiple Grupo Financiero Santander		4.125		11/09/22		706,875
	865,000		Bancolombia S.A.		5.950		06/03/21		899,600
	1,000,000	g	Bangkok Bank PCL		3.300		10/03/18		994,046
	370,000	g	Bank Nederlandse Gemeenten		1.375		09/27/17		367,817
	7,350,000		Bank of America Corp		2.600		01/15/19		7,382,443
	6,450,000	g	Bank of Montreal		2.625		01/25/16		6,709,935
	1,500,000	g	Bank of Nova Scotia		1.650		10/29/15		1,529,400
	4,800,000	g	Bank of Nova Scotia		2.150		08/03/16		4,943,582
	1,000,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd		2.350		02/23/17		1,014,981
	1,000,000		BB&T Corp		1.450		01/12/18		973,670
	375,000		BB&T Corp		2.050		06/19/18		371,264

124

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	750,000	g	BBVA Banco Continental S.A.		2.250	%	07/29/16	$	746,250
	450,000	g	BBVA Banco Continental S.A.		3.250		04/08/18		450,000
	1,350,000		BHP Billiton Finance USA Ltd		5.000		09/30/43		1,372,600
	1,000,000	g	Caixa Economica Federal		2.375		11/06/17		928,750
	1,000,000	g	Caixa Economica Federal		4.500		10/03/18		993,500
	1,750,000	g	Canadian Imperial Bank of Commerce		2.750		01/27/16		1,825,250
	300,000		Capital One Bank USA NA		3.375		02/15/23		278,904
	3,175,000		Capital One Financial Corp		1.000		11/06/15		3,173,616
	2,000,000		Capital One NA		1.500		03/22/18		1,944,956
	8,975,000		Citigroup, Inc		1.300		11/15/16		8,943,686
	5,600,000		Citigroup, Inc		2.500		09/26/18		5,628,263
	2,500,000		Citigroup, Inc		3.875		10/25/23		2,457,645
	975,000		Citigroup, Inc		6.675		09/13/43		1,121,862
	5,000,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.375		01/19/17		5,264,450
	225,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.875		02/08/22		226,226
	3,000,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.950		11/09/22		2,906,970
	2,500,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		4.625		12/01/23		2,517,545
	3,125,000	g	HSBC Bank plc		1.500		05/15/18		3,051,469
	500,000	g	HSBC Bank plc		4.125		08/12/20		529,045
	1,150,000		HSBC USA, Inc		2.375		02/13/15		1,173,422
	1,000,000		HSBC USA, Inc		1.625		01/16/18		986,057
	335,000		JPMorgan Chase & Co		5.125		09/15/14		345,141
	1,500,000		JPMorgan Chase & Co		3.150		07/05/16		1,572,573
	1,000,000		JPMorgan Chase & Co		1.800		01/25/18		991,222
	750,000		JPMorgan Chase & Co		5.400		01/06/42		807,416
	400,000	i	JPMorgan Chase & Co		5.150		12/30/49		359,000
	2,475,000	i	Malayan Banking Bhd		3.250		09/20/22		2,441,587
	250,000	i	Manufacturers & Traders Trust Co		5.629		12/01/21		258,125
	1,900,000	g	PKO Finance AB		4.630		09/26/22		1,891,450
	3,000,000		PNC Bank NA		2.950		01/30/23		2,760,942
	1,500,000		PNC Funding Corp		2.700		09/19/16		1,564,595
	700,000	g,i	Rabobank Nederland NV		11.000		12/30/49		926,625
	3,325,000		Royal Bank of Canada		2.200		07/27/18		3,338,503
	2,750,000	g	State Bank of India		3.250		04/18/18		2,662,138
	125,000	g	Sumitomo Mitsui Banking Corp		3.150		07/22/15		129,258
	425,000		Toronto-Dominion Bank		2.500		07/14/16		440,841
	2,000,000	g	Toronto-Dominion Bank		1.625		09/14/16		2,035,400
	1,000,000	g	Turkiye Halk Bankasi AS.		4.875		07/19/17		985,000
	1,000,000	g	Turkiye Is Bankasi		3.750		10/10/18		929,500
	700,000	g	Turkiye Is Bankasi		5.500		04/21/19		692,440
	725,000	g	Turkiye Is Bankasi		6.000		10/24/22		650,325
	500,000		Union Bank NA		2.125		06/16/17		502,304
	400,000		UnionBanCal Corp		3.500		06/18/22		392,356
	1,000,000		US Bancorp		1.650		05/15/17		1,002,102
	475,000		US Bancorp		2.950		07/15/22		441,335
	500,000		Wells Fargo & Co		1.500		07/01/15		507,031
	650,000		Wells Fargo & Co		2.100		05/08/17		662,122
	3,250,000		Wells Fargo & Co		1.500		01/16/18		3,229,005
	1,400,000		Wells Fargo & Co		2.150		01/15/19		1,395,615
	2,075,000		Wells Fargo & Co		5.375		11/02/43		2,124,812
	360,000	g	Wells Fargo & Co		5.606		01/15/44		373,927
			TOTAL BANKS						120,094,644

125

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
CAPITAL GOODS - 1.3%
$	1,750,000		Access Midstream Partners LP		5.875	%	04/15/21	$	1,863,750
	250,000		Alliant Techsystems, Inc		6.875		09/15/20		269,687
	750,000	g	Alpek S.A. de C.V.		5.375		08/08/23		745,312
	825,000	o	Alphabet Holding Co, Inc		7.750		11/01/17		850,781
	1,225,000		Anixter, Inc		5.625		05/01/19		1,287,781
	1,200,000		Caterpillar, Inc		1.375		05/27/14		1,204,651
	950,000		Caterpillar, Inc		1.500		06/26/17		945,395
	500,000		Chesapeake Midstream Partners LP		6.125		07/15/22		535,000
	1,025,000		Crown Americas LLC		4.500		01/15/23		958,375
	650,000		Deere & Co		2.600		06/08/22		607,793
	625,000	g	EADS Finance BV		2.700		04/17/23		573,176
	575,000		Eaton Corp		1.500		11/02/17		563,691
	150,000		Eaton Corp		4.000		11/02/32		137,762
	1,000,000	g	FMG Resources August 2006 Pty Ltd		6.875		02/01/18		1,052,500
	750,000	g	Holcim US Finance Sarl & Cie SCS		5.150		09/12/23		770,083
	837,500		Huntington Ingalls Industries, Inc		6.875		03/15/18		904,500
	6,000,000		John Deere Capital Corp		1.050		10/11/16		6,017,262
	660,000	g	Rexel S.A.		6.125		12/15/19		689,700
	500,000	g	Rexel S.A.		5.250		06/15/20		502,500
	100,000	g	Schaeffler Finance BV		7.750		02/15/17		113,500
	600,000	g	Schaeffler Finance BV		8.500		02/15/19		675,000
	500,000		Seagate HDD Cayman		6.875		05/01/20		540,625
	920,000		Seagate HDD Cayman		7.000		11/01/21		1,015,450
	947,000	g	Sealed Air Corp		8.125		09/15/19		1,063,008
	947,000	g	Sealed Air Corp		8.375		09/15/21		1,074,845
	1,000,000		SPX Corp		6.875		09/01/17		1,130,000
	500,000		TransDigm, Inc		7.750		12/15/18		536,250
	875,000		United Technologies Corp		1.800		06/01/17		888,487
			TOTAL CAPITAL GOODS						27,516,864
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	1,825,000	g	ADT Corp		6.250		10/15/21		1,916,250
	1,225,000		Clean Harbors, Inc		5.125		06/01/21		1,237,250
	2,000,000		News America, Inc		5.300		12/15/14		2,088,440
	670,000		Republic Services, Inc		3.800		05/15/18		709,619
	1,000,000		RR Donnelley & Sons Co		7.875		03/15/21		1,110,000
	105,000		RR Donnelley & Sons Co		7.250		05/15/18		119,175
	325,000		RR Donnelley & Sons Co		7.000		02/15/22		349,375
	675,000		RR Donnelley & Sons Co		6.500		11/15/23		681,750
	1,925,000	g	SPL Logistics Escrow LLC		8.875		08/01/20		2,045,312
	1,000,000		United Rentals North America, Inc		7.375		05/15/20		1,108,750
	1,000,000		United Rentals North America, Inc		7.625		04/15/22		1,111,250
	1,000,000		Waste Management, Inc		2.600		09/01/16		1,032,171
	2,550,000		Waste Management, Inc		2.900		09/15/22		2,362,277
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						15,871,619
CONSUMER DURABLES & APPAREL - 0.4%
	825,000	g	Arcelik AS.		5.000		04/03/23		711,975
	1,000,000		DR Horton, Inc		5.750		08/15/23		1,017,500
	275,000		DR Horton, Inc		4.750		05/15/17		290,813

126

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	761,000		DR Horton, Inc		3.625	%	02/15/18	$	772,415
	500,000		Hanesbrands, Inc		6.375		12/15/20		546,250
	1,000,000		KB Home		7.000		12/15/21		1,042,500
	500,000		Levi Strauss & Co		6.875		05/01/22		550,000
	3,000,000		Libbey Glass, Inc		6.875		05/15/20		3,240,000
	1,100,000		Whirlpool Corp		8.600		05/01/14		1,128,817
	225,000		Whirlpool Corp		3.700		03/01/23		215,091
			TOTAL CONSUMER DURABLES & APPAREL						9,515,361
CONSUMER SERVICES - 1.1%
	545,000		Ameristar Casinos, Inc		7.500		04/15/21		591,325
	350,000	g	ARAMARK Corp		5.750		03/15/20		365,750
	1,500,000		Boyd Gaming Corp		9.000		07/01/20		1,642,500
	300,000	g	Ceridian HCM Holding, Inc		11.000		03/15/21		345,750
	500,000		DineEquity, Inc		9.500		10/30/18		555,000
	1,350,000	g	GLP Capital LP		4.375		11/01/18		1,380,375
	1,500,000		MGM Resorts International		6.750		10/01/20		1,605,000
	2,000,000		MGM Resorts International		6.625		12/15/21		2,115,000
	2,000,000	g	SABMiller Holdings, Inc		2.200		08/01/18		1,996,860
	2,000,000	g	SABMiller Holdings, Inc		3.750		01/15/22		2,007,460
	1,000,000		Service Corp International		7.625		10/01/18		1,150,000
	2,000,000	g	Service Corp International		5.375		01/15/22		2,025,000
	2,945,000	g	Six Flags Entertainment Corp		5.250		01/15/21		2,878,737
	1,400,000		Speedway Motorsports, Inc		6.750		02/01/19		1,487,500
	4,000,000		University of Chicago		4.151		10/01/45		3,465,092
			TOTAL CONSUMER SERVICES						23,611,349
DIVERSIFIED FINANCIALS - 5.4%
	545,000	g	Abbey National Treasury Services plc		3.875		11/10/14		559,882
	335,000		Abbey National Treasury Services plc		4.000		04/27/16		355,701
	700,000	g	Ajecorp BV		6.500		05/14/22		694,750
	1,000,000		Ally Financial, Inc		4.750		09/10/18		1,046,250
	600,000		American Express Centurion Bank		0.875		11/13/15		601,340
	875,000		American Express Centurion Bank		6.000		09/13/17		1,003,861
	2,375,000		American Express Credit Corp		1.750		06/12/15		2,413,325
	1,500,000		American Express Credit Corp		1.300		07/29/16		1,511,607
	250,000		American Express Credit Corp		2.800		09/19/16		261,220
	2,000,000		American Express Credit Corp		2.125		07/27/18		2,003,358
	750,000	g	Aralco Finance SA		10.125		05/07/20		420,000
	900,000	g	Bangkok Bank PCL		3.250		10/18/15		922,829
	3,475,000		Bank of America Corp		3.750		07/12/16		3,694,332
	650,000		Bank of America Corp		5.300		03/15/17		716,444
	25,000		Bank of America Corp		6.000		09/01/17		28,545
	1,000,000		Bank of America Corp		5.490		03/15/19		1,107,025
	3,150,000		Bank of America Corp		4.100		07/24/23		3,163,365
	1,100,000		Bank of America Corp		5.875		02/07/42		1,258,059
	500,000		Bank of New York Mellon Corp		1.200		02/20/15		503,840
	1,350,000	i	Bank of New York Mellon Corp		1.969		06/20/17		1,364,630
	275,000		Bank of New York Mellon Corp		5.450		05/15/19		312,447
	1,000,000	g	BBVA Bancomer S.A.		6.750		09/30/22		1,065,000
	500,000		BlackRock, Inc		3.500		12/10/14		514,612
	825,000		BlackRock, Inc		1.375		06/01/15		835,326

127

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,350,000		BlackRock, Inc		4.250	%	05/24/21	$	1,428,409
	1,500,000	g	Brazil Loan Trust		5.477		07/24/23		1,515,000
	2,000,000	g	Caisse Centrale Desjardins du Quebec		2.550		03/24/16		2,081,000
	3,000,000	g	Caisse Centrale Desjardins du Quebec		1.600		03/06/17		3,037,500
	1,000,000		Celanese US Holdings LLC		4.625		11/15/22		957,500
	1,000,000		Citigroup, Inc		2.250		08/07/15		1,020,778
	2,000,000		Citigroup, Inc		4.950		11/07/43		1,992,176
	285,000		Citigroup, Inc		5.000		09/15/14		293,118
	189,000		Citigroup, Inc		5.500		10/15/14		196,021
	3,050,000		Citigroup, Inc		3.500		05/15/23		2,841,963
	300,000		Countrywide Financial Corp		6.250		05/15/16		331,049
	625,000		Export-Import Bank of Korea		2.875		09/17/18		632,383
	2,000,000		Ford Motor Credit Co LLC		1.700		05/09/16		2,022,884
	1,500,000		Ford Motor Credit Co LLC		3.000		06/12/17		1,558,977
	1,000,000		Ford Motor Credit Co LLC		5.750		02/01/21		1,120,267
	900,000		Ford Motor Credit Co LLC		4.375		08/06/23		904,823
	3,000,000		General Electric Capital Corp		1.500		07/12/16		3,031,713
	950,000		General Electric Capital Corp		2.300		04/27/17		976,479
	5,450,000		General Electric Capital Corp		3.100		01/09/23		5,170,731
	400,000		General Electric Capital Corp		6.875		01/10/39		514,238
	500,000	g	General Motors Financial Co, Inc		2.750		05/15/16		506,250
	2,165,000	g	General Motors Financial Co, Inc		4.750		08/15/17		2,297,606
	2,575,000	g	General Motors Financial Co, Inc		3.250		05/15/18		2,575,000
	150,000	g	General Motors Financial Co, Inc		4.250		05/15/23		142,688
	275,000		Goldman Sachs Group, Inc		3.300		05/03/15		283,340
	6,890,000		Goldman Sachs Group, Inc		2.375		01/22/18		6,916,189
	1,000,000		Goldman Sachs Group, Inc		3.625		01/22/23		968,353
	150,000		Goldman Sachs Group, Inc		6.450		05/01/36		160,638
	2,375,000		Goldman Sachs Group, Inc		6.750		10/01/37		2,642,294
	500,000		Goldman Sachs Group, Inc		6.250		02/01/41		576,200
	200,000	g	International Lease Finance Corp		6.500		09/01/14		206,750
	1,420,000		International Lease Finance Corp		5.750		05/15/16		1,521,175
	1,300,000		International Lease Finance Corp		3.875		04/15/18		1,303,250
	1,000,000		International Lease Finance Corp		5.875		08/15/22		997,500
	750,000	g	Inversiones CMPC S.A.		4.375		05/15/23		698,952
	1,705,000		John Deere Capital Corp		2.250		06/07/16		1,759,961
	500,000		John Deere Capital Corp		1.400		03/15/17		498,656
	375,000		John Deere Capital Corp		2.750		03/15/22		354,943
	3,000,000		JPMorgan Chase & Co		2.000		08/15/17		3,043,062
	300,000		Kreditanstalt fuer Wiederaufbau		4.875		01/17/17		335,520
	1,000,000	g	Lukoil International Finance BV		3.416		04/24/18		1,008,750
	850,000	g	Lukoil International Finance BV		6.125		11/09/20		920,975
	800,000		Merrill Lynch & Co, Inc		6.400		08/28/17		922,325
	1,200,000		Morgan Stanley		1.750		02/25/16		1,216,110
	3,000,000		Morgan Stanley		2.125		04/25/18		2,974,125
	1,000,000		Morgan Stanley		5.500		07/28/21		1,117,458
	925,000		Morgan Stanley		4.100		05/22/23		895,170
	1,500,000		Morgan Stanley		5.000		11/24/25		1,504,485
	500,000		Morgan Stanley		6.375		07/24/42		585,641
	250,000		National Rural Utilities Cooperative Finance Corp		10.375		11/01/18		338,096
	750,000	g	Odebrecht Finance Ltd		4.375		04/25/25		654,375
	1,650,000	g	Perrigo Co Ltd		2.300		11/08/18		1,628,596

128

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	450,000	g	Perrigo Co Ltd		4.000	%	11/15/23	$	441,493
	400,000	g	Perrigo Co Ltd		5.300		11/15/43		392,618
	750,000	g	PTTEP Australia International Finance Pty Ltd		4.152		07/19/15		775,945
	3,575,000		SLM Corp		4.875		06/17/19		3,562,319
	450,000		State Street Corp		4.300		05/30/14		457,227
	1,675,000		State Street Corp		1.350		05/15/18		1,621,050
	700,000		State Street Corp		3.100		05/15/23		650,865
	2,000,000		Sumitomo Mitsui Banking Corp		2.500		07/19/18		2,008,884
	575,000		SunTrust Bank		2.750		05/01/23		521,339
	2,700,000	g	Temasek Financial I Ltd		2.375		01/23/23		2,429,582
	500,000		Toyota Motor Credit Corp		2.050		01/12/17		510,996
	750,000	g	Turkiye Vakiflar Bankasi Tao		3.750		04/15/18		702,375
	582,000		UBS AG.		2.250		01/28/14		582,749
	1,000,000		Unilever Capital Corp		0.850		08/02/17		973,468
	1,500,000		Unilever Capital Corp		2.200		03/06/19		1,498,074
			TOTAL DIVERSIFIED FINANCIALS						116,668,174
ENERGY - 4.6%
	160,000		Anadarko Petroleum Corp		6.950		06/15/19		190,437
	325,000		Apache Corp		1.750		04/15/17		325,657
	855,000		Apache Corp		4.750		04/15/43		829,304
	833,000		Arch Coal, Inc		7.000		06/15/19		662,235
	3,000,000		Ashland, Inc		3.875		04/15/18		3,037,500
	350,000		Baker Hughes, Inc		3.200		08/15/21		347,517
	3,600,000		BP Capital Markets plc		1.375		05/10/18		3,493,976
	2,000,000		Calumet Specialty Products Partners LP		9.625		08/01/20		2,245,000
	1,000,000	g	Calumet Specialty Products Partners LP		7.625		01/15/22		1,010,000
	1,400,000		Chaparral Energy, Inc		7.625		11/15/22		1,498,000
	500,000		Chesapeake Energy Corp		5.375		06/15/21		517,500
	227,000		Chesapeake Energy Corp		5.750		03/15/23		233,810
	770,000		Cimarex Energy Co		5.875		05/01/22		814,275
	500,000		Cloud Peak Energy Resources LLC		8.250		12/15/17		521,875
	1,950,000		Concho Resources, Inc		5.500		04/01/23		2,008,500
	575,000		ConocoPhillips		6.500		02/01/39		721,060
	500,000		Consol Energy Inc		8.250		04/01/20		541,250
	2,340,000		Continental Resources, Inc		5.000		09/15/22		2,430,675
	2,415,000		Crestwood Midstream Partners LP		6.000		12/15/20		2,487,450
	500,000	g	Crestwood Midstream Partners LP		6.125		03/01/22		512,500
	580,000		Crosstex Energy LP		7.125		06/01/22		659,750
	1,575,000		Crosstex Energy, Inc		8.875		02/15/18		1,655,719
	625,000		Devon Energy Corp		1.875		05/15/17		629,552
	500,000		Devon Energy Corp		5.600		07/15/41		521,050
	300,000		Devon Energy Corp		4.750		05/15/42		278,193
	1,075,000		Ecopetrol S.A.		4.250		09/18/18		1,134,125
	625,000		Ecopetrol S.A.		5.875		09/18/23		659,375
	825,000	g	EDC Finance Ltd		4.875		04/17/20		801,281
	500,000	g	Empresa Nacional del Petroleo		6.250		07/08/19		550,339
	275,000		Enterprise Products Operating LLC		5.600		10/15/14		285,763
	75,000		Enterprise Products Operating LLC		5.000		03/01/15		78,557
	750,000		Enterprise Products Operating LLC		4.850		03/15/44		705,301
	300,000		EOG Resources, Inc		2.625		03/15/23		272,931
	1,250,000		EP Energy LLC		6.875		05/01/19		1,345,312

129

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,250,000		EP Energy LLC		9.375	%	05/01/20	$	1,442,187
	1,400,000	g	Exterran Partners LP		6.000		04/01/21		1,389,500
	750,000	g	Gazprom Neft OAO		4.375		09/19/22		687,187
	750,000	g	Gazprom OAO Via Gaz Capital S.A.		4.950		05/23/16		796,125
	1,000,000	g	Gazprom OAO Via Gaz Capital S.A.		3.850		02/06/20		965,000
	1,000,000	g	GS Caltex Corp		3.250		10/01/18		1,002,760
	1,000,000		Halcon Resources Corp		9.750		07/15/20		1,042,500
	850,000		Halcon Resources Corp		8.875		05/15/21		858,500
	285,000		Hess Corp		5.600		02/15/41		297,003
	950,000	g	Indo Energy Finance II BV		6.375		01/24/23		781,375
	715,000	g	KMG Finance Sub BV		6.375		04/09/21		775,775
	2,000,000	g	Linn Energy LLC		7.000		11/01/19		2,020,000
	1,000,000		Linn Energy LLC		8.625		04/15/20		1,080,000
	750,000		Marathon Petroleum Corp		3.500		03/01/16		783,166
	275,000		MarkWest Energy Partners LP		6.750		11/01/20		298,375
	425,000		MarkWest Energy Partners LP		5.500		02/15/23		428,187
	300,000		Newfield Exploration Co		5.750		01/30/22		309,000
	900,000		Newfield Exploration Co		5.625		07/01/24		895,500
	1,100,000		Noble Energy, Inc		5.250		11/15/43		1,099,101
	125,000		Noble Holding International Ltd		3.450		08/01/15		129,614
	350,000		Noble Holding International Ltd		4.900		08/01/20		369,381
	750,000	g	Novatek OAO via Novatek Finance Ltd		4.422		12/13/22		690,000
	750,000	g	Oasis Petroleum, Inc		6.875		03/15/22		795,000
	1,000,000	g	Pacific Rubiales Energy Corp		5.375		01/26/19		1,007,500
	500,000		Peabody Energy Corp		7.375		11/01/16		562,500
	2,000,000		Peabody Energy Corp		6.000		11/15/18		2,130,000
	275,000		Pemex Project Funding Master Trust		6.625		06/15/35		289,438
	600,000	g	Pertamina Persero PT		6.000		05/03/42		495,750
	675,000	g	Pertamina PT		5.250		05/23/21		649,688
	500,000	g	Pertamina PT		6.500		05/27/41		437,500
	925,000	i	Petrobras Global Finance BV		1.857		05/20/16		922,688
	1,000,000	i	Petrobras Global Finance BV		2.384		01/15/19		980,000
	750,000		Petrobras Global Finance BV		3.000		01/15/19		701,874
	1,500,000		Petrobras International Finance Co		3.875		01/27/16		1,544,193
	1,250,000		Petroleos Mexicanos		3.500		07/18/18		1,282,813
	325,000		Petroleos Mexicanos		5.500		01/21/21		349,375
	600,000		Petroleos Mexicanos		3.500		01/30/23		549,750
	540,000		Petroleos Mexicanos		6.500		06/02/41		564,300
	575,000		Petroleos Mexicanos		5.500		06/27/44		524,688
	430,000	g	Petroleum Co of Trinidad & Tobago Ltd		9.750		08/14/19		538,575
	700,000		Phillips 66		1.950		03/05/15		709,751
	3,935,000		Plains Exploration & Production Co		6.500		11/15/20		4,345,735
	2,800,000		Precision Drilling Trust		6.625		11/15/20		2,989,000
	1,000,000	g	PTT Exploration & Production PCL		3.707		09/16/18		1,015,546
	1,500,000	g	PTTEP Canada International Finance Ltd		5.692		04/05/21		1,598,460
	500,000		Range Resources Corp		5.750		06/01/21		530,000
	800,000		Regency Energy Partners LP		5.750		09/01/20		826,000
	600,000		Regency Energy Partners LP		6.500		07/15/21		636,000
	200,000		Regency Energy Partners LP		5.500		04/15/23		195,000
	1,000,000	g	Reliance Holdings USA		5.400		02/14/22		1,011,342
	750,000	g	Rosneft Oil Co via Rosneft International Finance Ltd		4.199		03/06/22		688,125
	1,155,000		SandRidge Energy, Inc		7.500		03/15/21		1,209,863

130

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	800,000		SandRidge Energy, Inc		8.125	%	10/15/22	$	848,000
	600,000	g	Schlumberger Investment S.A.		2.400		08/01/22		549,917
	2,000,000	g	Schlumberger Norge AS.		1.250		08/01/17		1,954,816
	1,175,000		SESI LLC		7.125		12/15/21		1,310,125
	525,000		Shell International Finance BV		4.300		09/22/19		575,462
	575,000		Shell International Finance BV		4.550		08/12/43		560,822
	1,000,000	g	Sibur Securities Ltd		3.914		01/31/18		976,250
	300,000		SM Energy Co		6.500		01/01/23		314,625
	1,000,000		Southwestern Energy Co		4.100		03/15/22		991,309
	200,000		Statoil ASA		2.900		10/15/14		204,028
	200,000		Statoil ASA		1.200		01/17/18		195,222
	375,000		Statoil ASA		2.450		01/17/23		341,817
	650,000		Total Capital Canada Ltd		1.450		01/15/18		642,596
	1,000,000		Total Capital International S.A.		1.500		02/17/17		1,001,827
	500,000		TransCanada Pipelines Ltd		5.850		03/15/36		544,203
	250,000	i	TransCanada Pipelines Ltd		6.350		05/15/67		256,803
	465,000	g	Ultra Petroleum Corp		5.750		12/15/18		477,788
	415,000		Vale Overseas Ltd		4.375		01/11/22		403,211
	125,000		Vale Overseas Ltd		6.875		11/21/36		129,094
	3,500,000		Whiting Petroleum Corp		5.000		03/15/19		3,578,750
			TOTAL ENERGY						98,083,124
FOOD & STAPLES RETAILING - 0.2%
	185,000		CVS Caremark Corp		3.250		05/18/15		191,227
	750,000		CVS Caremark Corp		4.000		12/05/23		748,413
	1,725,000		CVS Caremark Corp		5.300		12/05/43		1,783,931
	2,000,000		Ingles Markets, Inc		5.750		06/15/23		1,960,000
	260,000	g	Sun Merger Sub, Inc		5.250		08/01/18		272,350
			TOTAL FOOD & STAPLES RETAILING						4,955,921
FOOD, BEVERAGE & TOBACCO - 0.9%
	500,000		Anheuser-Busch InBev Worldwide, Inc		2.875		02/15/16		520,500
	1,250,000		Anheuser-Busch InBev Worldwide, Inc		1.375		07/15/17		1,247,375
	1,775,000		Anheuser-Busch InBev Worldwide, Inc		2.500		07/15/22		1,641,818
	255,000		B&G Foods, Inc		4.625		06/01/21		244,800
	750,000	g	BRF-Brasil Foods S.A.		5.875		06/06/22		748,500
	250,000		Campbell Soup Co		2.500		08/02/22		220,542
	750,000		Coca-Cola Co		0.750		03/13/15		752,374
	3,300,000		Coca-Cola Co		3.200		11/01/23		3,174,009
	225,000		ConAgra Foods, Inc		1.300		01/25/16		225,390
	500,000		ConAgra Foods, Inc		1.900		01/25/18		490,832
	750,000	g	Corp Lindley S.A.		6.750		11/23/21		791,250
	1,350,000		Diageo Capital plc		2.625		04/29/23		1,230,830
	1,000,000	g	Embotelladora Andina S.A.		5.000		10/01/23		1,003,310
	500,000		Fomento Economico Mexicano SAB de C.V.		2.875		05/10/23		441,830
	2,000,000	g	Grupo Bimbo SAB de C.V.		4.875		06/30/20		2,069,598
	620,000		Kraft Foods, Inc		6.500		02/09/40		740,901
	25,000		PepsiAmericas, Inc		4.375		02/15/14		25,115
	38,000		PepsiCo, Inc		7.900		11/01/18		47,499
	1,000,000	g	Pernod-Ricard S.A.		2.950		01/15/17		1,032,714
	100,000		Philip Morris International, Inc		6.375		05/16/38		118,528
	160,000	g	Post Holdings, Inc		7.375		02/15/22		171,200

131

TIAA-CREF FUNDS - Bond Plus Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE		VALUE
$	1,080,000		Post Holdings, Inc	7.375	%	02/15/22	$	1,155,600
	430,000		Smithfield Foods, Inc	6.625		08/15/22		455,800
	500,000		TreeHouse Foods, Inc	7.750		03/01/18		523,750
			TOTAL FOOD, BEVERAGE & TOBACCO					19,074,065
HEALTH CARE EQUIPMENT & SERVICES - 1.5%
	800,000		Baxter International, Inc	3.200		06/15/23		764,279
	250,000		Becton Dickinson & Co	1.750		11/08/16		254,651
	1,225,000		CHS/Community Health Systems	5.125		08/15/18		1,264,812
	1,000,000		CHS/Community Health Systems	8.000		11/15/19		1,085,000
	750,000		Covidien International Finance S.A.	1.350		05/29/15		755,502
	375,000		Covidien International Finance S.A.	3.200		06/15/22		361,607
	675,000		Edwards Lifesciences Corp	2.875		10/15/18		671,061
	3,100,000		Express Scripts Holding Co	2.100		02/12/15		3,144,928
	625,000		Express Scripts Holding Co	3.900		02/15/22		625,594
	1,722,000	g	Fresenius Medical Care Capital Trust	5.750		02/15/21		1,825,320
	1,000,000	g	Fresenius Medical Care II	5.625		07/31/19		1,080,000
	165,000		HCA, Inc	6.500		02/15/20		181,294
	500,000		HCA, Inc	7.875		02/15/20		536,875
	975,000		HCA, Inc	5.875		03/15/22		1,006,687
	405,000		Healthsouth Corp	7.250		10/01/18		432,844
	2,900,000		Kinetic Concepts, Inc	10.500		11/01/18		3,335,000
	3,500,000		LifePoint Hospitals, Inc	6.625		10/01/20		3,727,500
	1,225,000	g	LifePoint Hospitals, Inc	5.500		12/01/21		1,229,594
	2,325,000	g	Mallinckrodt International Finance S.A.	3.500		04/15/18		2,280,799
	3,000,000		Tenet Healthcare Corp	6.250		11/01/18		3,322,500
	225,000	g	Tenet Healthcare Corp	6.000		10/01/20		234,844
	875,000		Tenet Healthcare Corp	8.125		04/01/22		942,812
	475,000		Thermo Fisher Scientific, Inc	2.250		08/15/16		485,773
	450,000		Thermo Fisher Scientific, Inc	2.400		02/01/19		445,811
	600,000		Thermo Fisher Scientific, Inc	4.150		02/01/24		594,299
	1,175,000		Thermo Fisher Scientific, Inc	5.300		02/01/44		1,188,131
	525,000	g	VPII Escrow Corp	7.500		07/15/21		576,187
			TOTAL HEALTH CARE EQUIPMENT & SERVICES					32,353,704
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
	500,000		Clorox Co	3.800		11/15/21		503,173
	380,000		Colgate-Palmolive Co	2.300		05/03/22		348,426
	375,000		Ecolab, Inc	1.450		12/08/17		366,458
	405,000	g	First Quality Finance Co, Inc	4.625		05/15/21		384,750
	1,125,000		Reynolds Group Issuer, Inc	5.750		10/15/20		1,147,500
	175,000	g	Spectrum Brands Escrow Corp	6.375		11/15/20		186,812
	175,000	g	Spectrum Brands Escrow Corp	6.625		11/15/22		186,156
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS					3,123,275
INSURANCE - 1.7%
	275,000		ACE INA Holdings, Inc	5.875		06/15/14		281,731
	250,000		Aetna, Inc	1.500		11/15/17		246,323
	240,000		Aetna, Inc	6.500		09/15/18		282,705
	150,000		Aetna, Inc	6.625		06/15/36		179,352
	675,000		Allstate Corp	3.150		06/15/23		640,132
	700,000		Allstate Corp	4.500		06/15/43		662,322

132

TIAA-CREF FUNDS - Bond Plus Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE		VALUE
$	2,700,000		Berkshire Hathaway Finance Corp	1.300	%	05/15/18	$	2,638,397
	2,000,000	g,i	Caelus Re Ltd	5.316		03/07/16		2,027,600
	400,000		Chubb Corp	6.000		05/11/37		467,262
	80,000		CIGNA Corp	5.125		06/15/20		88,732
	1,000,000		CIGNA Corp	4.500		03/15/21		1,062,736
	1,400,000	g	Fidelity & Guaranty Life Holdings, Inc	6.375		04/01/21		1,470,000
	4,050,000	g	Five Corners Funding Trust	4.419		11/15/23		3,992,174
	525,000		Hartford Financial Services Group, Inc	4.000		03/30/15		545,419
	925,000		Hartford Financial Services Group, Inc	4.000		10/15/17		983,849
	250,000		Lincoln National Corp	7.000		06/15/40		313,218
	525,000	g	MetLife Institutional Funding II	1.625		04/02/15		530,927
	525,000		MetLife, Inc	6.750		06/01/16		596,941
	3,000,000		MetLife, Inc	4.368		09/15/23		3,062,658
	275,000		MetLife, Inc	5.700		06/15/35		300,339
	1,000,000		MetLife, Inc	4.125		08/13/42		869,625
	1,500,000	g	Onex USI Aquisition Corp	7.750		01/15/21		1,533,750
	200,000		Principal Financial Group, Inc	1.850		11/15/17		198,191
	525,000		Prudential Financial, Inc	2.300		08/15/18		521,891
	750,000		Prudential Financial, Inc	5.400		06/13/35		774,653
	750,000		Prudential Financial, Inc	5.100		08/15/43		744,867
	3,400,000	i	Prudential Financial, Inc	5.200		03/15/44		3,289,500
	300,000	g	Prudential Funding LLC	6.750		09/15/23		360,259
	175,000	g	Swiss Re Treasury US Corp	2.875		12/06/22		161,140
	450,000	g	Swiss Re Treasury US Corp	4.250		12/06/42		386,703
	300,000		Travelers Cos, Inc	5.800		05/15/18		345,585
	2,450,000		UnitedHealth Group, Inc	1.400		10/15/17		2,419,066
	1,500,000		WellPoint, Inc	1.250		09/10/15		1,510,427
	500,000		WellPoint, Inc	4.625		05/15/42		462,107
	2,000,000		Willis Group Holdings plc	4.125		03/15/16		2,093,868
	150,000		WR Berkley Corp	5.375		09/15/20		161,499
			TOTAL INSURANCE					36,205,948
MATERIALS - 2.6%
	75,000		Airgas, Inc	4.500		09/15/14		76,941
	1,000,000		Albemarle Corp	4.500		12/15/20		1,027,261
	750,000		AngloGold Ashanti Holdings plc	8.500		07/30/20		774,450
	440,000		ArcelorMittal	5.000		02/25/17		471,900
	1,000,000		Ball Corp	5.750		05/15/21		1,052,500
	945,000		Ball Corp	4.000		11/15/23		845,775
	100,000		Barrick Gold Corp	4.100		05/01/23		90,389
	850,000		Barrick North America Finance LLC	4.400		05/30/21		818,419
	450,000	g	Belden, Inc	5.500		09/01/22		441,000
	750,000	g	Braskem Finance Ltd	5.750		04/15/21		735,000
	2,000,000		Celulosa Arauco y Constitucion S.A.	4.750		01/11/22		1,948,484
	1,500,000	g	Cemex SAB de C.V.	7.250		01/15/21		1,552,500
	1,500,000		CF Industries, Inc	7.125		05/01/20		1,758,216
	200,000		Corning, Inc	1.450		11/15/17		197,129
	1,000,000		Corning, Inc	4.250		08/15/20		1,065,469
	750,000	g	Corp Nacional del Cobre de Chile-CODELCO	3.750		11/04/20		749,713
	1,000,000	g	Corp Nacional del Cobre de Chile-CODELCO	4.500		08/13/23		995,655
	200,000	g	Corp Nacional del Cobre de Chile-CODELCO	4.250		07/17/42		159,948
	1,385,000		Crown Americas LLC	6.250		02/01/21		1,502,725

133

TIAA-CREF FUNDS - Bond Plus Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE		VALUE
$	1,500,000	g	Eagle Spinco, Inc	4.625	%	02/15/21	$	1,470,000
	750,000		EI du Pont de Nemours & Co	2.800		02/15/23		686,882
	450,000		EI du Pont de Nemours & Co	4.150		02/15/43		396,982
	1,550,000	g	Eldorado Gold Corp	6.125		12/15/20		1,491,875
	975,000	g	Fresnillo plc	5.500		11/13/23		945,750
	750,000	g	Gerdau Trade, Inc	4.750		04/15/23		690,000
	2,000,000	g	Glencore Funding LLC	1.700		05/27/16		2,001,684
	1,450,000	g	Glencore Funding LLC	2.500		01/15/19		1,404,061
	2,000,000		Graphic Packaging International, Inc	4.750		04/15/21		1,980,000
	3,075,000		Hexion US Finance Corp	6.625		04/15/20		3,151,875
	2,000,000		International Paper Co	5.300		04/01/15		2,106,478
	2,750,000		International Paper Co	4.750		02/15/22		2,883,158
	250,000		International Paper Co	7.300		11/15/39		308,680
	4,000,000		LyondellBasell Industries NV	5.000		04/15/19		4,442,484
	633,000		PolyOne Corp	5.250		03/15/23		617,175
	500,000		Praxair, Inc	2.450		02/15/22		459,638
	1,450,000		Rio Tinto Finance USA Ltd	2.250		09/20/16		1,492,310
	1,025,000		Rio Tinto Finance USA plc	2.250		12/14/18		1,019,943
	325,000		Rio Tinto Finance USA plc	2.875		08/21/22		302,909
	680,000		Rock Tenn Co	4.450		03/01/19		717,264
	820,000		Rock Tenn Co	4.900		03/01/22		844,082
	400,000		Rockwood Specialties Group, Inc	4.625		10/15/20		408,500
	1,200,000		Rosetta Resources, Inc	5.625		05/01/21		1,197,000
	550,000	g	Samarco Mineracao S.A.	4.125		11/01/22		495,000
	900,000	g	Samarco Mineracao S.A.	5.750		10/24/23		891,000
	250,000	g	Sappi Papier Holding AG.	6.625		04/15/21		246,250
	800,000	g	Severstal OAO Via Steel Capital S.A.	5.900		10/17/22		773,000
	425,000		Sherwin-Williams Co	1.350		12/15/17		413,827
	500,000		Silgan Holdings, Inc	5.000		04/01/20		493,750
	750,000	g	Sociedad Quimica y Minera de Chile S.A.	3.625		04/03/23		651,250
	650,000		Steel Dynamics, Inc	5.250		04/15/23		650,000
	700,000		Teck Resources Ltd	2.500		02/01/18		704,227
	800,000		Teck Resources Ltd	3.750		02/01/23		745,701
	125,000		Teck Resources Ltd	6.000		08/15/40		119,484
	525,000		Teck Resources Ltd	5.200		03/01/42		463,364
	950,000		Tronox Finance LLC	6.375		08/15/20		969,000
	925,000	g	Turkiye Sise ve Cam Fabrikalari AS.	4.250		05/09/20		813,907
	750,000	g	Volcan Cia Minera SAA	5.375		02/02/22		690,000
			TOTAL MATERIALS					56,401,964
MEDIA - 2.6%
	2,000,000		AMC Entertainment, Inc	8.750		06/01/19		2,137,500
	1,100,000		CCO Holdings LLC	6.500		04/30/21		1,130,250
	2,000,000		Cinemark USA, Inc	5.125		12/15/22		1,935,000
	2,350,000		Comcast Corp	2.850		01/15/23		2,172,826
	3,625,000		Comcast Corp	4.250		01/15/33		3,367,331
	1,000,000		CSC Holdings LLC	6.750		11/15/21		1,077,500
	1,750,000		DIRECTV Holdings LLC	2.400		03/15/17		1,781,603
	3,000,000		DIRECTV Holdings LLC	1.750		01/15/18		2,942,904
	2,000,000		DIRECTV Holdings LLC	3.800		03/15/22		1,921,272
	500,000		Discovery Communications LLC	4.950		05/15/42		464,424
	675,000		Discovery Communications LLC	4.875		04/01/43		622,681

134

TIAA-CREF FUNDS - Bond Plus Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE		VALUE
$	2,015,000		DISH DBS Corp	4.625	%	07/15/17	$	2,110,712
	1,500,000		Grupo Televisa S.A.	6.000		05/15/18		1,670,728
	2,500,000	g	IAC	4.875		11/30/18		2,556,250
	250,000		Interpublic Group of Cos, Inc	6.250		11/15/14		260,313
	1,435,000		Lamar Media Corp	7.875		04/15/18		1,515,719
	1,000,000		Lamar Media Corp	5.000		05/01/23		950,000
	160,000	g	Lynx I Corp	5.375		04/15/21		160,000
	780,000	g	Lynx II Corp	6.375		04/15/23		793,650
	2,650,000	g	NBC Universal Enterprise, Inc	1.662		04/15/18		2,588,154
	700,000	g	NBC Universal Enterprise, Inc	1.974		04/15/19		684,725
	1,000,000		NBC Universal Media LLC	2.875		01/15/23		925,776
	125,000		News America, Inc	7.625		11/30/28		155,043
	90,000		News America, Inc	6.550		03/15/33		102,327
	325,000		News America, Inc	6.650		11/15/37		379,360
	250,000		News America, Inc	6.900		08/15/39		297,963
	963,000		Nielsen Finance LLC	7.750		10/15/18		1,040,040
	400,000		Nielsen Finance LLC	4.500		10/01/20		389,000
	900,000		Regal Entertainment Group	5.750		06/15/23		884,250
	450,000		Regal Entertainment Group	5.750		02/01/25		424,125
	2,900,000	g	Sirius XM Radio, Inc	5.875		10/01/20		2,958,000
	1,000,000		Time Warner Cable, Inc	8.250		04/01/19		1,171,505
	1,075,000		Time Warner Cable, Inc	4.500		09/15/42		814,382
	940,000		Time Warner, Inc	3.150		07/15/15		973,832
	1,000,000		Time Warner, Inc	4.700		01/15/21		1,061,687
	1,000,000		Time Warner, Inc	3.400		06/15/22		975,847
	275,000		Time Warner, Inc	6.500		11/15/36		310,716
	700,000		Time Warner, Inc	4.900		06/15/42		664,504
	2,000,000	g	Univision Communications, Inc	7.875		11/01/20		2,197,500
	1,525,000	g	Univision Communications, Inc	5.125		05/15/23		1,523,094
	1,500,000		Viacom, Inc	1.250		02/27/15		1,507,470
	700,000		Viacom, Inc	2.500		12/15/16		723,932
	1,500,000		Viacom, Inc	2.500		09/01/18		1,512,092
	1,000,000		Viacom, Inc	5.850		09/01/43		1,051,222
			TOTAL MEDIA					54,887,209
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.7%
	1,500,000		AbbVie, Inc	1.200		11/06/15		1,515,246
	1,200,000		AbbVie, Inc	1.750		11/06/17		1,197,944
	475,000		AbbVie, Inc	2.900		11/06/22		443,962
	525,000	g,o	Capsugel S.A.	7.000		05/15/19		534,844
	429,000		Endo Pharmaceuticals Holdings, Inc	7.000		07/15/19		459,030
	2,150,000		Hospira, Inc	5.200		08/12/20		2,230,655
	1,150,000		Mylan, Inc	2.550		03/28/19		1,138,523
	1,000,000	g	Mylan, Inc	7.875		07/15/20		1,131,542
	444,000		NBTY, Inc	9.000		10/01/18		486,735
	3,000,000	g	Valeant Pharmaceuticals International	7.000		10/01/20		3,232,500
	1,000,000	g	VPII Escrow Corp	6.750		08/15/18		1,098,750
	250,000		Watson Pharmaceuticals, Inc	1.875		10/01/17		247,393
	350,000		Watson Pharmaceuticals, Inc	3.250		10/01/22		326,452
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES					14,043,576

135

TIAA-CREF FUNDS - Bond Plus Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE	VALUE
REAL ESTATE - 0.7%
$	150,000		AMB Property LP	4.500	%	08/15/17	$	162,003
	170,000		Camden Property Trust	4.625		06/15/21		178,174
	1,250,000		Camden Property Trust	2.950		12/15/22		1,129,550
	725,000	g	DCT Industrial Operating Partnership LP	4.500		10/15/23		704,475
	1,000,000		Developers Diversified Realty Corp	4.750		04/15/18		1,078,738
	500,000		Developers Diversified Realty Corp	7.875		09/01/20		617,689
	25,000		Federal Realty Investment Trust	5.650		06/01/16		27,501
	225,000		Federal Realty Investment Trust	3.000		08/01/22		210,262
	1,375,000		Federal Realty Investment Trust	2.750		06/01/23		1,235,667
	200,000		Healthcare Realty Trust, Inc	5.750		01/15/21		217,364
	150,000		Healthcare Realty Trust, Inc	3.750		04/15/23		138,775
	325,000		Healthcare Trust of America Holdings LP	3.700		04/15/23		299,471
	1,783,000		Highwoods Properties, Inc	5.850		03/15/17		1,963,432
	700,000		Kilroy Realty LP	3.800		01/15/23		652,789
	325,000		Liberty Property LP	4.125		06/15/22		319,881
	500,000		Mid-America Apartments LP	4.300		10/15/23		486,119
	300,000		National Retail Properties, Inc	5.500		07/15/21		326,113
	525,000		National Retail Properties, Inc	3.300		04/15/23		476,637
	150,000		Regency Centers LP	5.250		08/01/15		159,261
	25,000		Regency Centers LP	5.875		06/15/17		27,872
	25,000		Simon Property Group LP	5.250		12/01/16		27,672
	825,000		Simon Property Group LP	2.800		01/30/17		853,302
	1,000,000	g	Simon Property Group LP	1.500		02/01/18		971,457
	210,000		Simon Property Group LP	10.350		04/01/19		284,166
	185,000		Ventas Realty LP	3.125		11/30/15		192,398
	575,000		Ventas Realty LP	2.000		02/15/18		565,228
	450,000		Ventas Realty LP	2.700		04/01/20		430,290
	1,140,000		Ventas Realty LP	3.250		08/15/22		1,056,191
	450,000		Weingarten Realty Investors	3.500		04/15/23		413,696
			TOTAL REAL ESTATE					15,206,173
RETAILING - 1.4%
	2,000,000		AmeriGas Finance LLC	3.750		05/01/21		1,880,000
	907,000		Amerigas Partners LP	6.500		05/20/21		968,222
	750,000		Asbury Automotive Group, Inc	8.375		11/15/20		842,812
	2,500,000		AutoNation, Inc	5.500		02/01/20		2,684,375
	1,475,000	g	BC Mountain LLC	7.000		02/01/21		1,489,750
	810,000	g	Continental Rubber Of America Corp	4.500		09/15/19		858,438
	1,500,000		Ferrellgas LP	6.500		05/01/21		1,530,000
	300,000	g	Ferrellgas LP	6.750		01/15/22		304,500
	1,000,000	g	Golden Eagle Retail Group Ltd	4.625		05/21/23		854,240
	1,500,000		Home Depot, Inc	2.250		09/10/18		1,520,630
	1,000,000		Home Depot, Inc	4.875		02/15/44		1,012,570
	1,000,000		L Brands, Inc	5.625		10/15/23		1,015,000
	1,000,000		Limited Brands, Inc	7.000		05/01/20		1,122,500
	625,000		Limited Brands, Inc	6.625		04/01/21		685,938
	810,000		Limited Brands, Inc	5.625		02/15/22		828,225
	2,000,000		Macy’s Retail Holdings, Inc	5.900		12/01/16		2,243,356
	1,750,000		Macy’s Retail Holdings, Inc	2.875		02/15/23		1,583,792
	1,000,000	g	Murphy Oil USA, Inc	6.000		08/15/23		1,005,000
	400,000	g,o	New Academy Finance Co LLC	8.000		06/15/18		410,004
	645,000		O’Reilly Automotive, Inc	4.875		01/14/21		676,073

136

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	295,000		O’Reilly Automotive, Inc		4.625	%	09/15/21	$	304,360
	350,000		O’Reilly Automotive, Inc		3.800		09/01/22		337,791
	2,100,000		Penske Automotive Group, Inc		5.750		10/01/22		2,147,250
	150,000		QVC, Inc		5.125		07/02/22		148,366
	300,000	g,o	Schaeffler Holding Finance BV		6.875		08/15/18		318,000
	800,000		Sonic Automotive, Inc		5.000		05/15/23		750,000
	3,000,000		Wal-Mart Stores, Inc		1.125		04/11/18		2,911,500
	725,000	g	WEX, Inc		4.750		02/01/23		667,000
			TOTAL RETAILING						31,099,692
SOFTWARE & SERVICES - 1.0%
	1,550,000	g	Activision Blizzard, Inc		5.625		09/15/21		1,604,250
	200,000	g	Activision Blizzard, Inc		6.125		09/15/23		208,500
	3,805,000	g	Audatex North America, Inc		6.000		06/15/21		3,985,737
	1,225,000	g	BMC Software Finance, Inc		8.125		07/15/21		1,261,750
	3,000,000		Fidelity National Information Services, Inc		5.000		03/15/22		3,063,750
	3,500,000		International Business Machines Corp		0.750		05/11/15		3,515,410
	950,000		International Business Machines Corp		1.250		02/06/17		947,527
	1,225,000		NCR Corp		4.625		02/15/21		1,172,938
	2,350,000	g	NCR Escrow Corp		5.875		12/15/21		2,394,063
	1,100,000		Oracle Corp		1.200		10/15/17		1,082,464
	1,000,000		SunGard Data Systems, Inc		7.375		11/15/18		1,058,750
	145,000		SunGard Data Systems, Inc		6.625		11/01/19		152,250
	950,000		VeriSign, Inc		4.625		05/01/23		907,250
			TOTAL SOFTWARE & SERVICES						21,354,639
TECHNOLOGY HARDWARE & EQUIPMENT - 1.3%
	475,000		American Tower Corp		4.700		03/15/22		474,784
	287,000		Brocade Communications Systems, Inc		6.875		01/15/20		307,807
	100,000		CC Holdings GS V LLC		2.381		12/15/17		99,048
	1,000,000		Flextronics International Ltd		4.625		02/15/20		975,000
	5,950,000		General Electric Co		0.850		10/09/15		5,977,787
	75,000		General Electric Co		5.250		12/06/17		84,896
	475,000		General Electric Co		2.700		10/09/22		444,600
	1,000,000		Hewlett-Packard Co		3.300		12/09/16		1,046,626
	1,160,000		Jabil Circuit, Inc		5.625		12/15/20		1,203,500
	2,985,000		L-3 Communications Corp		3.950		11/15/16		3,167,395
	2,000,000		L-3 Communications Corp		4.950		02/15/21		2,091,892
	1,575,000	g	NXP BV		3.750		06/01/18		1,586,813
	600,000	g	NXP Funding LLC		5.750		03/15/23		610,500
	500,000		Scientific Games Corp		8.125		09/15/18		536,250
	564,000		Scientific Games Corp		9.250		06/15/19		604,890
	1,000,000		Tyco Electronics Group S.A.		1.600		02/03/15		1,009,840
	800,000		Tyco Electronics Group S.A.		2.375		12/17/18		788,870
	1,325,000	g	WESCO Distribution, Inc		5.375		12/15/21		1,325,000
	525,000		Xerox Corp		8.250		05/15/14		539,071
	1,000,000		Xerox Corp		4.250		02/15/15		1,037,428
	3,000,000		Xerox Corp		2.950		03/15/17		3,079,767
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						26,991,764
TELECOMMUNICATION SERVICES - 2.7%
	1,040,000		America Movil SAB de C.V.		3.125		07/16/22		960,074

137

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	2,000,000		American Tower Corp		3.400	%	02/15/19	$	2,036,108
	550,000		American Tower Corp		3.500		01/31/23		501,460
	1,975,000		AT&T, Inc		1.400		12/01/17		1,947,044
	1,200,000		AT&T, Inc		2.625		12/01/22		1,082,714
	1,500,000	g	Bharti Airtel International Netherlands BV		5.125		03/11/23		1,377,600
	550,000		Cellco Partnership		8.500		11/15/18		696,373
	1,000,000		Citizens Communications Co		7.125		03/15/19		1,077,500
	900,000	g,o	CommScope Holding Co, Inc		6.625		06/01/20		936,000
	750,000	g	Deutsche Telekom International Finance BV		2.250		03/06/17		760,684
	425,000	g	Deutsche Telekom International Finance BV		4.875		03/06/42		405,574
	750,000	g	ENTEL Chile S.A.		4.875		10/30/24		732,644
	925,000		Intelsat Jackson Holdings S.A.		7.500		04/01/21		1,019,812
	1,550,000	g	Intelsat Jackson Holdings S.A.		5.500		08/01/23		1,474,438
	1,000,000	g	Intelsat Luxembourg S.A.		8.125		06/01/23		1,072,500
	1,750,000	g	Oi S.A.		5.750		02/10/22		1,610,000
	750,000	g	Qtel International Finance Ltd		3.875		01/31/28		637,500
	175,000	g	SES		3.600		04/04/23		163,051
	1,325,000	g	Sprint Corp		7.250		09/15/21		1,422,719
	1,050,000	g	Sprint Corp		7.875		09/15/23		1,128,750
	2,175,000		Sprint Nextel Corp		6.000		11/15/22		2,120,625
	1,500,000		Starz LLC		5.000		09/15/19		1,533,750
	1,000,000		Telefonica Emisiones SAU		3.992		02/16/16		1,050,398
	800,000		Telefonica Emisiones SAU		3.192		04/27/18		814,734
	750,000		Telefonica Emisiones SAU		4.570		04/27/23		739,565
	500,000		Telefonos de Mexico SAB de C.V.		5.500		11/15/19		546,250
	1,000,000		T-Mobile USA, Inc		6.464		04/28/19		1,062,500
	3,000,000		T-Mobile USA, Inc		6.542		04/28/20		3,187,500
	1,800,000		Verizon Communications, Inc		0.700		11/02/15		1,794,978
	4,100,000		Verizon Communications, Inc		3.650		09/14/18		4,340,112
	137,000		Verizon Communications, Inc		8.750		11/01/18		175,302
	6,500,000		Verizon Communications, Inc		5.150		09/15/23		6,978,998
	1,000,000		Verizon Communications, Inc		6.400		09/15/33		1,150,121
	1,300,000		Verizon Communications, Inc		3.850		11/01/42		1,061,845
	4,875,000		Verizon Communications, Inc		6.550		09/15/43		5,703,550
	2,000,000	g	Wind Acquisition Finance S.A.		7.250		02/15/18		2,105,000
	1,500,000		Windstream Corp		7.750		10/01/21		1,590,000
	1,425,000		Windstream Corp		6.375		08/01/23		1,332,375
			TOTAL TELECOMMUNICATION SERVICES						58,330,148
TRANSPORTATION - 1.0%
	655,000	g	Asciano Finance Ltd		5.000		04/07/18		694,448
	750,000	g	Bombardier, Inc		7.500		03/15/18		853,125
	600,000	g	Bombardier, Inc		7.750		03/15/20		681,000
	600,000	g	Bombardier, Inc		6.125		01/15/23		595,500
	225,000		Bristow Group, Inc		6.250		10/15/22		237,532
	1,000,000	g	DP World Ltd		6.850		07/02/37		982,500
	442,000	g	Embraer Overseas Ltd		5.696		09/16/23		442,000
	3,000,000	g	ERAC USA Finance LLC		2.800		11/01/18		3,031,608
	2,115,000		GATX Corp		2.375		07/30/18		2,118,498
	2,674,000		Gulfmark Offshore, Inc		6.375		03/15/22		2,694,055
	1,000,000		Hertz Corp		4.250		04/01/18		1,025,000
	500,000		Hertz Corp		7.500		10/15/18		539,375

138

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	350,000		Hertz Corp		5.875	%	10/15/20	$	362,688
	1,000,000		Hertz Corp		7.375		01/15/21		1,097,500
	750,000		Hertz Corp		6.250		10/15/22		774,375
	1,400,000		Kansas City Southern de Mexico S.A. de C.V.		2.350		05/15/20		1,304,271
	250,000	g	Kansas City Southern Railway		4.300		05/15/43		218,169
	375,000		Northrop Grumman Corp		1.750		06/01/18		365,835
	575,000		Northrop Grumman Corp		3.250		08/01/23		536,334
	1,060,000	g	Transnet Ltd		4.500		02/10/16		1,107,575
	665,000	g	Transnet SOC Ltd		4.000		07/26/22		585,333
	525,000		United Parcel Service, Inc		3.625		10/01/42		441,965
			TOTAL TRANSPORTATION						20,688,686
UTILITIES - 3.5%
	750,000	g	Abu Dhabi National Energy Co		5.875		10/27/16		834,375
	1,750,000	g	Abu Dhabi National Energy Co		4.125		03/13/17		1,857,187
	1,000,000	g	Abu Dhabi National Energy Co		2.500		01/12/18		1,000,000
	1,750,000		AES Corp		8.000		10/15/17		2,056,250
	425,000		AES Corp		4.875		05/15/23		397,375
	625,000		AGL Capital Corp		4.400		06/01/43		563,537
	825,000		Alabama Power Co		3.550		12/01/23		809,706
	365,000		Alliant Energy Corp		4.000		10/15/14		374,570
	1,000,000		American Water Capital Corp		3.850		03/01/24		987,937
	250,000		Atmos Energy Corp		8.500		03/15/19		320,365
	525,000		Atmos Energy Corp		4.150		01/15/43		472,223
	925,000		Black Hills Corp		4.250		11/30/23		920,824
	600,000	g	Calpine Corp		7.500		02/15/21		654,750
	563,000	g	Calpine Corp		7.875		01/15/23		615,077
	250,000		Carolina Power & Light Co		5.300		01/15/19		284,355
	275,000		Carolina Power & Light Co		5.700		04/01/35		303,246
	300,000		CenterPoint Energy Resources Corp		6.250		02/01/37		333,616
	2,050,000	g	CEZ AS.		4.250		04/03/22		2,047,839
	750,000	g	China Resources Gas Group Ltd		4.500		04/05/22		735,963
	750,000		CLP Power Hong Kong Financing Ltd		3.375		10/26/27		631,048
	1,000,000		CMS Energy Corp		5.050		03/15/22		1,079,570
	500,000		CMS Energy Corp		4.700		03/31/43		466,516
	1,025,000	g	Colbun S.A.		6.000		01/21/20		1,099,685
	1,000,000	g	Comision Federal de Electricidad		4.875		05/26/21		1,032,500
	800,000	g	Comision Federal de Electricidad		4.875		01/15/24		794,000
	625,000	g	Comision Federal de Electricidad		5.750		02/14/42		582,812
	1,895,000		Commonwealth Edison Co		4.000		08/01/20		2,012,471
	200,000		Commonwealth Edison Co		5.900		03/15/36		228,490
	200,000		Connecticut Light & Power Co		5.500		02/01/19		229,097
	750,000		Consolidated Edison Co of New York, Inc		3.950		03/01/43		661,717
	1,000,000		Consumers Energy Co		3.375		08/15/23		973,416
	550,000	g	Dominion Gas Holdings LLC		3.550		11/01/23		529,772
	625,000	g	Dominion Gas Holdings LLC		4.800		11/01/43		604,278
	200,000		Duke Energy Carolinas LLC		4.300		06/15/20		214,465
	1,000,000		Duke Energy Corp		3.950		09/15/14		1,023,737
	1,000,000		Duke Energy Corp		2.100		06/15/18		994,259
	825,000		Duke Energy Ohio, Inc		3.800		09/01/23		824,589
	1,000,000	g	Empresa de Energia de Bogota S.A.		6.125		11/10/21		1,065,000
	975,000		Florida Power & Light Co		2.750		06/01/23		912,612

139

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	250,000		Indiana Michigan Power Co		7.000	%	03/15/19	$	297,322
	125,000		Integrys Energy Group, Inc		4.170		11/01/20		129,613
	375,000	g	Israel Electric Corp Ltd		6.700		02/10/17		407,625
	2,500,000	g	Israel Electric Corp Ltd		5.625		06/21/18		2,644,375
	500,000	g	Israel Electric Corp Ltd		7.250		01/15/19		555,625
	100,000	g	Kansas Gas & Electric		6.700		06/15/19		119,829
	1,075,000	g	KazMunayGas National Co JSC		4.400		04/30/23		997,063
	925,000		Kentucky Utilities Co		4.650		11/15/43		921,265
	1,000,000		Kinder Morgan Energy Partners LP		3.450		02/15/23		928,841
	1,500,000	g	Korea Hydro & Nuclear Power Co Ltd		2.875		10/02/18		1,491,320
	350,000		LG&E and KU Energy LLC		3.750		11/15/20		354,099
	750,000		Louisville Gas & Electric Co		4.650		11/15/43		744,582
	500,000	g	Majapahit Holding BV		7.875		06/29/37		520,000
	5,000,000	g	MidAmerican Energy Holdings Co		2.000		11/15/18		4,923,040
	400,000	g	MidAmerican Energy Holdings Co		5.150		11/15/43		403,332
	1,000,000		Nevada Power Co		5.450		05/15/41		1,083,153
	750,000		NiSource Finance Corp		4.800		02/15/44		676,699
	1,500,000		Northeast Utilities		1.450		05/01/18		1,452,812
	1,500,000		NRG Energy, Inc		7.875		05/15/21		1,661,250
	500,000		NRG Energy, Inc		6.625		03/15/23		503,750
	750,000		NTPC Ltd		5.625		07/14/21		744,846
	500,000		Oncor Electric Delivery Co LLC		4.550		12/01/41		470,265
	300,000		ONEOK Partners LP		3.375		10/01/22		280,443
	325,000		Pacific Gas & Electric Co		8.250		10/15/18		406,470
	1,375,000		Pacific Gas & Electric Co		3.850		11/15/23		1,367,603
	1,125,000		Pacific Gas & Electric Co		5.125		11/15/43		1,161,739
	350,000		PacifiCorp		2.950		02/01/22		336,413
	250,000		Pepco Holdings, Inc		2.700		10/01/15		256,348
	200,000	g	Perusahaan Listrik Negara PT		5.500		11/22/21		192,500
	500,000		PG&E Corp		5.750		04/01/14		506,171
	50,000		Potomac Electric Power Co		7.900		12/15/38		70,586
	500,000		PPL Capital Funding, Inc		4.200		06/15/22		499,083
	275,000		Progress Energy, Inc		7.050		03/15/19		329,614
	550,000		Public Service Co of Colorado		4.750		08/15/41		555,490
	400,000		Public Service Co of Oklahoma		5.150		12/01/19		443,145
	1,150,000		Public Service Electric & Gas Co		2.375		05/15/23		1,034,042
	1,750,000		Questar Market Resources, Inc		6.875		03/01/21		1,876,875
	1,250,000	g	Sabine Pass Liquefaction LLC		5.625		02/01/21		1,221,875
	2,500,000		Sabine Pass LNG LP		7.500		11/30/16		2,825,000
	150,000		San Diego Gas & Electric Co		3.000		08/15/21		147,826
	2,000,000		Sempra Energy		4.050		12/01/23		1,974,868
	1,000,000		Southern California Edison Co		4.650		10/01/43		1,000,756
	200,000		Tampa Electric Co		4.100		06/15/42		179,973
	750,000	g	Transportadora de Gas del Peru S.A.		4.250		04/30/28		656,250
	420,000		Virginia Electric and Power Co		2.950		01/15/22		405,780
	850,000		Virginia Electric and Power Co		4.650		08/15/43		846,586
	225,000		Williams Partners LP		3.800		02/15/15		232,452
	575,000		Williams Partners LP		4.500		11/15/23		571,093
	1,000,000	g	WPD Investment Holdings Ltd		3.900		05/01/16		1,045,009
	300,000		Xcel Energy, Inc		4.800		09/15/41		292,136
			TOTAL UTILITIES						74,276,061
			TOTAL CORPORATE BONDS						884,323,158
			(Cost $877,546,299)

140

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
GOVERNMENT BONDS -  40.0%
AGENCY SECURITIES - 0.3%
$	750,000		Amber Circle Funding Ltd		3.250	%	12/04/22	$	682,498
	1,484,780		Cal Dive I- Title XI, Inc		4.930		02/01/27		1,570,095
	415,000		Federal Home Loan Mortgage Corp (FHLMC)		2.500		04/23/14		418,069
	3,000,000		Private Export Funding Corp (PEFCO)		2.050		11/15/22		2,688,960
			TOTAL AGENCY SECURITIES						5,359,622
FOREIGN GOVERNMENT BONDS - 4.0%
	750,000	g	Barbados Government International Bond		7.000		08/04/22		656,250
	1,000,000	g	Brazil Minas SPE via State of Minas Gerais		5.333		02/15/28		927,500
	900,000		Brazilian Government International Bond		2.625		01/05/23		774,000
	300,000		Brazilian Government International Bond		4.250		01/07/25		285,750
	1,275,000		Canada Government International Bond		0.875		02/14/17		1,275,022
	215,000		Chile Government International Bond		3.875		08/05/20		223,600
	260,000		Colombia Government International Bond		4.375		07/12/21		267,800
	425,000		Colombia Government International Bond		2.625		03/15/23		372,300
	1,375,000		Colombia Government International Bond		4.000		02/26/24		1,325,500
	875,000	g	Costa Rica Government International Bond		4.250		01/26/23		800,625
	1,350,000	g	Croatia Government International Bond		6.250		04/27/17		1,437,750
	270,000	g	Croatia Government International Bond		6.375		03/24/21		282,555
	700,000	g	Croatia Government International Bond		5.500		04/04/23		680,750
	1,075,000	g	Democratic Socialist Republic of Sri Lanka		7.400		01/22/15		1,113,969
	1,000,000	g	Dominican Republic International Bond		5.875		04/18/24		955,000
	500,000		Egypt Government AID Bonds		4.450		09/15/15		533,768
	275,000		European Investment Bank		4.875		02/15/36		300,535
	500,000		Export Development Canada		2.250		05/28/15		513,480
	600,000		Export-Import Bank of Korea		1.250		11/20/15		601,849
	550,000		Export-Import Bank of Korea		1.750		02/27/18		535,184
	525,000		Export-Import Bank of Korea		5.125		06/29/20		576,830
	100,000		Federative Republic of Brazil		6.000		01/17/17		110,800
	767,000	g	Gabonese Republic		8.200		12/12/17		887,802
	1,250,000		Hungary Government International Bond		4.125		02/19/18		1,263,750
	1,100,000		Hungary Government International Bond		5.750		11/22/23		1,105,500
	2,000,000	g	Iceland Government International Bond		4.875		06/16/16		2,075,000
	750,000	g	Indonesia Government International Bond		3.750		04/25/22		675,937
	225,000		Italy Government International Bond		5.375		06/12/17		245,250
	180,000		Italy Government International Bond		6.875		09/27/23		213,369
	3,000,000		KFW		2.625		01/25/22		2,927,148
	4,000,000	g	Kommunalbanken AS.		0.750		11/21/16		3,979,600
	1,900,000	g	Kommunalbanken AS.		1.375		06/08/17		1,910,070
	1,000,000	g,i	Kommunalbanken AS.		0.417		02/20/18		998,764
	3,800,000	g	Korea Housing Finance Corp		1.625		09/15/18		3,582,701
	1,800,000	g	Lithuania Government International Bond		5.125		09/14/17		1,968,750
	9,590,000		Mexican Bonos		8.000		12/07/23		816,948
	750,000		Mexico Government International Bond		3.625		03/15/22		750,000
	150,000		Mexico Government International Bond		6.750		09/27/34		177,000
	250,000		Mexico Government International Bond		4.750		03/08/44		225,313

141

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,150,000	g	Morocco Government International Bond		4.250	%	12/11/22	$	1,063,750
	500,000	g	Namibia International Bonds		5.500		11/03/21		510,000
	575,000	g	National Bank of Canada		1.650		01/30/14		575,593
	2,000,000	g	Nigeria Government International Bond		5.125		07/12/18		2,050,000
	3,000,000		North American Development Bank		2.300		10/10/18		2,954,070
	1,000,000		North American Development Bank		2.400		10/26/22		887,470
	2,700,000		Panama Government International Bond		5.200		01/30/20		2,939,625
	135,000		Peruvian Government International Bond		7.350		07/21/25		170,100
	433,000		Poland Government International Bond		5.125		04/21/21		470,346
	375,000		Poland Government International Bond		3.000		03/17/23		341,438
	750,000		Province of British Columbia Canada		2.850		06/15/15		776,962
	500,000		Province of Ontario Canada		2.950		02/05/15		513,930
	1,750,000		Province of Ontario Canada		2.700		06/16/15		1,807,558
	5,000,000		Province of Ontario Canada		2.300		05/10/16		5,173,000
	620,000		Province of Quebec Canada		4.625		05/14/18		693,160
	1,000,000		Province of Quebec Canada		3.500		07/29/20		1,038,100
	3,000,000		Province of Quebec Canada		2.750		08/25/21		2,894,250
	1,500,000	g	Republic of Latvia		2.750		01/12/20		1,430,625
	500,000	g	Republic of Serbia		4.875		02/25/20		472,750
	660,840	g,i	Republic of Serbia		6.750		11/01/24		650,134
	188,811	i	Republic of Serbia		6.750		11/01/24		185,753
	525,000	g	Republic of Trinidad & Tobago		4.375		01/16/24		538,913
	1,000,000		Republic of Turkey		7.500		07/14/17		1,116,500
	750,000	g	Romanian Government International Bond		6.750		02/07/22		851,250
	775,000	g	Romanian Government International Bond		4.375		08/22/23		747,875
	750,000	g	Russian Foreign Bond - Eurobond		3.250		04/04/17		782,625
	1,600,000	g	Russian Foreign Bond-Eurobond		3.500		01/16/19		1,624,800
	1,000,000	g	Slovakia Government International Bond		4.375		05/21/22		1,031,920
	400,000		South Africa Government International Bond		5.875		05/30/22		428,500
	750,000		South Africa Government International Bond		4.665		01/17/24		717,188
	1,125,000		South Africa Government International Bond		5.875		09/16/25		1,170,000
	2,000,000	g	Spain Government International Bond		4.000		03/06/18		2,033,000
	1,460,000	g	Sri Lanka Government International Bond		5.875		07/25/22		1,365,100
	5,150,000		Turkey Government International Bond		6.750		04/03/18		5,592,900
	1,000,000		Turkey Government International Bond		5.625		03/30/21		1,004,000
	152,000		United Mexican States		5.875		02/17/14		152,684
	300,000		United Mexican States		5.950		03/19/19		346,500
	500,000		United Mexican States		5.125		01/15/20		554,000
	882,000		Uruguay Government International Bond		4.500		08/14/24		882,000
			TOTAL FOREIGN GOVERNMENT BONDS						86,892,088
MORTGAGE BACKED - 19.8%
	774,276		Federal Home Loan Mortgage Corp (FHLMC)		5.500		08/01/35		850,272
	239,314	i	FHLMC		2.427		02/01/36		254,808
	1,049,581	i	FHLMC		2.564		07/01/36		1,115,638
	312,168	i	FHLMC		2.259		09/01/36		333,651
	180,553	i	FHLMC		2.368		09/01/36		193,388
	71,682	i	FHLMC		5.675		02/01/37		76,082
	340,067	i	FHLMC		2.633		03/01/37		363,287
	27,052	i	FHLMC		6.010		04/01/37		28,678
	6,626	i	FHLMC		6.080		05/01/37		6,908
	709,356	i	FHLMC		2.500		06/01/37		757,961

142

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	206,401	i	FHLMC		2.615	%	08/01/37	$	218,397
	90,826		FHLMC		6.000		09/01/37		101,330
	624,455		FHLMC		3.000		08/15/42		506,621
	15,596		Federal Home Loan Mortgage Corp Gold (FGLMC)		6.500		12/01/16		16,315
	310,132		FGLMC		5.500		01/01/19		335,850
	52,220		FGLMC		4.500		01/01/20		55,365
	336,510		FGLMC		4.500		07/01/20		364,779
	96,272		FGLMC		4.500		09/01/20		102,265
	110,171		FGLMC		5.000		10/01/20		116,938
	77,046		FGLMC		5.500		10/01/20		81,155
	19,147		FGLMC		7.000		10/01/20		20,686
	83,051		FGLMC		4.500		06/01/21		88,239
	154,340		FGLMC		5.500		08/01/21		167,853
	49,061		FGLMC		5.000		04/01/23		52,965
	59,650		FGLMC		4.500		09/01/24		63,984
	34,731		FGLMC		6.500		01/01/29		38,663
	2,527		FGLMC		8.000		01/01/31		2,906
	595,408		FGLMC		5.500		12/01/33		656,823
	717,876		FGLMC		7.000		12/01/33		832,336
	431,117		FGLMC		5.000		01/01/34		466,757
	168,768		FGLMC		5.000		05/01/34		182,773
	221,292		FGLMC		4.500		10/01/34		235,062
	113,285		FGLMC		5.500		12/01/34		125,234
	320,849		FGLMC		5.500		03/01/35		351,247
	324,976		FGLMC		6.000		04/01/35		359,055
	262,594		FGLMC		7.000		05/01/35		298,213
	47,215		FGLMC		5.000		02/01/36		50,995
	102,094		FGLMC		5.500		04/01/36		112,612
	2,767		FGLMC		6.500		05/01/36		3,076
	127,126		FGLMC		6.500		10/01/36		143,197
	90,690		FGLMC		6.500		11/01/37		100,871
	359,735		FGLMC		5.000		04/01/38		388,602
	142,545		FGLMC		6.000		11/01/38		157,118
	344,703		FGLMC		4.500		11/01/40		368,528
	2,358,545		FGLMC		4.000		12/01/40		2,429,574
	2,716,941		FGLMC		4.000		12/01/40		2,804,645
	1,157,904		FGLMC		4.000		12/01/40		1,195,128
	394,245		FGLMC		4.500		12/01/40		420,071
	3,000,000	h	FGLMC		3.500		01/15/44		2,976,563
	8,000,000	h	FGLMC		4.000		01/15/44		8,215,625
	9,000,000	h	FGLMC		4.500		01/15/44		9,522,773
	199,701		Federal National Mortgage Association (FNMA)		4.810		02/01/14		198,800
	2,540,776		FNMA		4.640		11/01/14		2,581,017
	140,738		FNMA		4.828		01/01/15		140,698
	25,220		FNMA		6.500		10/01/16		26,142
	18,213		FNMA		6.500		11/01/16		19,060
	71,881		FNMA		5.000		12/01/17		76,555
	21,812		FNMA		6.500		02/01/18		23,072
	80,401		FNMA		5.500		04/01/18		85,961
	38,872		FNMA		5.500		05/01/18		41,314
	37,053		FNMA		6.000		01/01/19		41,015
	604,795		FNMA		4.000		02/25/19		636,229

143

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	194,950		FNMA		4.500	%	04/01/19	$	207,484
	50,169		FNMA		4.500		06/01/19		53,404
	78,124		FNMA		5.000		03/01/20		83,233
	26,072		FNMA		4.500		11/01/20		27,761
	27,438		FNMA		4.500		12/01/20		29,828
	52,735		FNMA		5.000		12/01/20		56,805
	126,732		FNMA		5.000		03/01/21		135,048
	18,116		FNMA		8.000		03/01/23		20,164
	153,812		FNMA		5.500		02/01/24		168,930
	103,232		FNMA		4.000		05/01/24		109,450
	348,565		FNMA		5.500		07/01/24		383,033
	142,925		FNMA		4.500		08/01/24		152,225
	645,108		FNMA		5.000		10/01/25		699,780
	7,190		FNMA		9.000		11/01/25		8,330
	4,195,444		FNMA		3.000		05/01/27		4,288,127
	2,310,617		FNMA		2.500		10/01/27		2,289,452
	3,605,304		FNMA		2.500		06/01/28		3,572,279
	6,624		FNMA		7.500		01/01/29		7,334
	1,000,000	h	FNMA		2.500		01/25/29		989,687
	19,000,000	h	FNMA		3.000		01/25/29		19,389,648
	7,000,000	h	FNMA		3.500		01/25/29		7,320,195
	1,000,000	h	FNMA		4.000		01/25/29		1,059,609
	10,000,000	h	FNMA		3.500		02/25/29		10,430,860
	223,449		FNMA		7.000		07/01/32		252,754
	150,613		FNMA		4.500		03/25/33		157,509
	1,976,493		FNMA		3.000		10/01/33		1,947,361
	256,399		FNMA		4.500		10/01/33		272,631
	254,718		FNMA		5.000		11/01/33		281,155
	466,755		FNMA		5.000		11/01/33		514,881
	103,607		FNMA		5.500		12/01/33		114,792
	181,812		FNMA		6.000		08/01/34		204,077
	82,843		FNMA		6.000		12/01/34		92,995
	282,683		FNMA		5.500		02/01/35		311,214
	113,132		FNMA		6.000		04/01/35		126,921
	358,749		FNMA		6.000		05/01/35		399,530
	14,329		FNMA		7.500		06/01/35		15,675
	192,113		FNMA		6.000		07/01/35		215,565
	187,607		FNMA		5.500		12/01/35		205,925
	137,765		FNMA		6.000		03/01/36		153,625
	267,254		FNMA		6.000		04/01/36		296,838
	287,735	i	FNMA		2.379		07/01/36		309,612
	382,037	i	FNMA		2.570		09/01/36		406,629
	84,331		FNMA		6.000		12/01/36		93,556
	82,784		FNMA		7.000		02/01/37		93,831
	172,435		FNMA		6.500		03/01/37		192,456
	18,087		FNMA		7.000		04/01/37		19,512
	50,675		FNMA		6.500		08/01/37		56,267
	39,725		FNMA		6.000		09/01/37		44,665
	40,232		FNMA		6.000		09/01/37		44,741
	29,211		FNMA		6.000		09/01/37		32,886
	30,398		FNMA		6.000		09/01/37		34,201
	141,747		FNMA		6.500		09/01/37		157,389

144

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	39,109		FNMA		6.500	%	09/01/37	$	43,521
	99,597	i	FNMA		2.400		10/01/37		106,013
	1,058,355		FNMA		6.000		11/01/37		1,170,800
	34,287		FNMA		6.000		11/01/37		37,930
	206,666		FNMA		6.000		11/01/38		228,623
	1,808,834		FNMA		5.500		12/01/38		1,986,918
	69,709		FNMA		6.000		01/01/39		77,115
	91,308		FNMA		6.000		01/01/39		101,009
	376,828		FNMA		4.500		02/01/39		399,231
	3,043,786		FNMA		6.000		04/01/39		3,367,172
	19,530,049		FNMA		4.000		04/25/39		20,504,462
	243,760		FNMA		4.500		08/01/39		258,275
	563,239		FNMA		5.500		08/01/39		620,561
	990,194		FNMA		4.500		09/01/40		1,049,555
	3,314,230		FNMA		4.500		10/01/40		3,520,841
	1,223,736		FNMA		4.500		11/01/40		1,299,847
	10,195,007		FNMA		3.000		09/01/42		9,689,013
	1,920,243		FNMA		3.500		10/01/42		1,909,498
	475,511		FNMA		3.000		12/01/42		451,902
	974,350		FNMA		3.000		02/01/43		926,998
	3,602,378		FNMA		3.000		03/01/43		3,424,533
	16,496,439		FNMA		3.000		04/01/43		15,679,222
	2,915,066		FNMA		3.000		05/01/43		2,770,503
	6,144,118		FNMA		3.000		05/01/43		5,839,166
	1,924,695		FNMA		3.000		05/01/43		1,829,865
	13,000,000	h	FNMA		4.000		01/25/44		13,381,875
	46,000,000	h	FNMA		4.500		01/25/44		48,740,234
	20,000,000	h	FNMA		5.000		01/25/44		21,720,312
	2,000,000	h	FNMA		5.500		01/25/44		2,199,922
	74,000,000	h	FNMA		3.500		02/25/44		73,288,908
	24,000,000	h	FNMA		4.000		02/25/44		24,630,000
	17,305		Government National Mortgage Association (GNMA)		7.500		11/15/23		19,438
	4,045		GNMA		7.500		08/15/28		4,142
	21,986		GNMA		6.500		12/15/28		24,535
	60,186		GNMA		6.500		03/15/29		68,747
	22,866		GNMA		8.500		10/20/30		27,195
	6,209		GNMA		7.000		06/20/31		7,349
	136,334		GNMA		5.000		02/15/33		147,919
	66,354		GNMA		5.500		07/15/33		73,703
	645,396		GNMA		5.000		09/15/33		705,198
	121,790		GNMA		5.500		11/20/33		135,342
	485,748		GNMA		5.500		02/20/35		540,162
	166,689		GNMA		5.500		03/20/35		185,362
	73,846		GNMA		6.000		10/20/36		83,140
	78,859		GNMA		6.000		01/20/37		88,833
	115,897		GNMA		6.000		02/20/37		130,491
	105,574		GNMA		5.000		04/15/38		114,587
	86,793		GNMA		5.500		07/15/38		95,257
	165,062		GNMA		5.500		07/20/38		181,983
	66,495		GNMA		6.000		08/20/38		74,876
	126,091		GNMA		5.000		07/20/39		136,908

145

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	152,569		GNMA		4.000	%	08/15/39	$	158,737
	5,223,383		GNMA		4.500		01/20/41		5,607,483
	978,184		GNMA		5.000		09/20/43		1,063,280
	4,000,000	h	GNMA		3.000		01/15/44		3,862,813
	21,000,000	h	GNMA		3.500		01/15/44		21,164,884
	6,000,000	h	GNMA		4.000		01/15/44		6,234,610
	2,000,000	h	GNMA		4.500		01/15/44		2,133,906
	9,000,000	h	GNMA		3.500		01/20/44		9,079,102
	10,000,000	h	GNMA		4.500		01/20/44		10,691,406
			TOTAL MORTGAGE BACKED						425,208,796
MUNICIPAL BONDS - 4.4%
	1,000,000		American Municipal Power		6.270		02/15/50		1,051,970
	4,000,000		California State Department of Water Resources		3.237		12/01/27		3,573,640
	5,000,000		City of New York NY		1.950		03/01/21		4,579,600
	5,585,000		County of Palm Beach FL		5.100		11/01/38		5,300,165
	7,500,000		Dallas Independent School District		5.049		08/15/33		7,526,925
	3,000,000		Denver City & County School District No		4.242		12/15/37		2,673,780
	600,000		Grant County Public Utility District No 2		5.630		01/01/27		656,268
	2,000,000		Illinois Housing Development Authority		4.105		07/01/27		1,812,840
	1,000,000		Maine Municipal Bond Bank		3.368		06/01/19		1,002,320
	3,000,000		Maine Municipal Bond Bank		3.668		06/01/20		3,000,000
	375,000		Massachusetts Housing Finance Agency		1.306		06/01/16		371,434
	500,000		Massachusetts Housing Finance Agency		1.602		12/01/16		494,955
	400,000		Massachusetts Housing Finance Agency		1.776		06/01/17		393,676
	450,000		Massachusetts Housing Finance Agency		1.876		12/01/17		441,904
	250,000		Massachusetts Housing Finance Agency		2.807		12/01/19		238,502
	2,405,000		Massachusetts Housing Finance Agency		4.786		12/01/32		2,195,164
	5,000,000		New York State Dormitory Authority		4.802		12/01/34		4,984,000
	2,000,000		San Francisco Bay Area Rapid Transit District		3.477		07/01/27		1,790,840
	5,000,000		State of California		4.988		04/01/39		4,719,050
	775,000		State of California		7.625		03/01/40		1,013,599
	5,000,000		State of Connecticut		3.517		08/15/21		5,089,400
	5,180,000		State of Connecticut		5.295		10/01/29		5,443,714
	6,975,000		State of Georgia		4.625		02/01/32		6,871,072
	3,000,000		State of Georgia		4.530		02/01/33		2,940,510
	5,000,000		State of Illinois		3.650		04/01/20		4,791,950
	775,000		State of Illinois		6.725		04/01/35		814,657
	3,000,000		State of Illinois		5.520		04/01/38		2,699,970
	3,000,000		State of Michigan		3.800		05/15/33		2,570,580
	5,000,000		Texas A&M University		4.772		05/15/33		4,970,950
	1,310,000		Trustees of Boston College		3.519		07/01/21		1,295,918
	3,000,000		Trustees of Boston College		3.769		07/01/22		2,964,750
	4,000,000		University of California		4.062		05/15/33		3,546,520
	2,740,000		Virginia Housing Development Authority		3.668		10/01/27		2,442,929
			TOTAL MUNICIPAL BONDS						94,263,552
U.S. TREASURY SECURITIES - 11.5%
	3,902,500		United States Treasury Bond		5.250		02/15/29		4,697,634
	5,500,000		United States Treasury Bond		5.375		02/15/31		6,740,080
	742,500		United States Treasury Bond		4.750		02/15/41		854,339
	10,130,000		United States Treasury Bond		4.375		05/15/41		10,991,050

146

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	6,372,000		United States Treasury Bond		3.125	%	02/15/43	$	5,456,025
	8,630,000		United States Treasury Bond		2.875		05/15/43		6,994,347
	8,415,000		United States Treasury Bond		3.625		08/15/43		7,946,916
	8,000,000		United States Treasury Bond		3.750		11/15/43		7,732,496
	200,000		United States Treasury Note		0.250		06/30/14		200,156
	1,895,000		United States Treasury Note		0.250		09/30/14		1,896,554
	1,500,000		United States Treasury Note		0.250		10/31/14		1,501,288
	2,886,000		United States Treasury Note		0.250		11/30/14		2,888,592
	2,745,000		United States Treasury Note		0.250		02/28/15		2,746,716
	2,887,000		United States Treasury Note		2.500		04/30/15		2,974,173
	8,978,000		United States Treasury Note		0.250		05/31/15		8,982,211
	8,002,000		United States Treasury Note		1.250		09/30/15		8,131,720
	5,230,000		United States Treasury Note		0.500		06/15/16		5,224,686
	6,640,000		United States Treasury Note		0.875		09/15/16		6,679,428
	5,900,000		United States Treasury Note		0.625		12/15/16		5,876,034
	530,000		United States Treasury Note		1.750		10/31/18		532,319
	15,481,000		United States Treasury Note		1.250		11/30/18		15,149,614
	205,000		United States Treasury Note		1.250		10/31/19		196,079
	7,500,000		United States Treasury Note		1.125		12/31/19		7,083,398
	5,000,000		United States Treasury Note		1.375		01/31/20		4,782,420
	5,000,000		United States Treasury Note		1.125		04/30/20		4,673,045
	7,500,000		United States Treasury Note		1.375		05/31/20		7,108,005
	19,485,000		United States Treasury Note		2.000		07/31/20		19,137,933
	7,500,000		United States Treasury Note		2.125		08/31/20		7,403,910
	10,000,000		United States Treasury Note		2.000		09/30/20		9,775,000
	30,000,000		United States Treasury Note		1.750		10/31/20		28,781,250
	280,000		United States Treasury Note		2.625		11/15/20		284,550
	30,000,000		United States Treasury Note		2.375		12/31/20		29,882,820
	3,302,000	l	United States Treasury Note		8.000		11/15/21		4,586,683
	10,040,000		United States Treasury Note		2.750		11/15/23		9,821,941
			TOTAL U.S. TREASURY SECURITIES						247,713,412
			TOTAL GOVERNMENT BONDS						859,437,470
			(Cost $865,358,741)
STRUCTURED ASSETS - 10.9%
ASSET BACKED - 5.5%
	498,795	i	Accredited Mortgage Loan Trust		4.330		06/25/33		433,975
			Series - 2003 1 (Class A1)
	4,682	i	Ameriquest Mortgage Securities		0.485		05/25/35		4,679
			Series - 0 R3 (Class A3D)
	4,349,393	i	Asset Backed Securities Corp Home Equity Loan Trust		0.870		04/25/35		4,268,046
			Series - 2005 HE3 (Class M3)
	2,000,000	g	Avis Budget Rental Car Funding AESOP LLC		4.720		02/20/18		2,135,902
			Series - 2011 5A (Class B)
	3,318,061	i	Bear Stearns Asset Backed Securities Trust		0.605		03/25/35		3,274,731
			Series - 2005 AQ1 (Class M1)
	3,440,929	i	Bear Stearns Asset Backed Securities Trust		0.565		02/25/36		3,271,560
			Series - 2006 EC2 (Class M1)
	535,970	i	Bear Stearns Asset Backed Securities Trust		0.905		11/25/39		526,338
			Series - 2005 SD3 (Class 2A1)

147

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,000,000	g,m	CCR, Inc		4.750	%	07/10/22	$	990,000
			Series - 2012 CA (Class C)
	451,034		Centex Home Equity		5.540		01/25/32		450,335
			Series - 2002 A (Class AF6)
	2,614,874	i	Conseco Financial Corp		7.300		06/15/25		2,714,354
			Series - 1995 4 (Class B1)
	963,168	i	Conseco Financial Corp		7.600		04/15/26		844,509
			Series - 1996 2 (Class M1)
	1,157,426	i	Countrywide Asset-Backed Certificates		5.216		10/25/17		1,157,360
			Series - 2002 S4 (Class A5)
	3,000,000	i	Countrywide Asset-Backed Certificates		0.635		02/25/36		2,935,023
			Series - 2005 11 (Class MV1)
	26,541	g,i	Credit-Based Asset Servicing and Securitization LLC		6.159		12/25/36		26,722
			Series - 2007 MX1 (Class A1)
	3,000,000	g,i	CV Mortgage Loan Trust 2013-		4.311		12/25/43		3,000,585
			Series - 2013 1 (Class NOTE)
	1,025,000	g,i	DB/UBS Mortgage Trust		5.557		11/10/46		1,105,806
			Series - 2011 LC1A (Class C)
	4,443,340	i	FBR Securitization Trust		0.905		11/25/35		4,217,276
			Series - 2005 5 (Class AV24)
	2,867,974	i	First Frankin Mortgage Loan Trust		0.405		01/25/36		2,761,024
			Series - 2006 FF1 (Class 2A3)
	1,179,967	i	First Franklin Mortgage Loan Asset Backed Certificates		0.825		03/25/35		1,174,093
			Series - 2005 FF2 (Class M2)
	1,148,681	i	First Franklin Mortgage Loan Trust		0.900		12/25/34		1,068,211
			Series - 2005 FF1 (Class M1)
	4,248,896	i	First Franklin Mortgage Loan Trust		0.365		02/25/36		3,885,730
			Series - 2006 FF2 (Class A4)
	839,443	g,i	Flagstar Home Equity Loan Trust		5.781		01/25/35		839,357
			Series - 2007 1A (Class AF3)
	1,564,988	g,i	GMAC Mortgage Corp Loan Trust		0.915		02/25/31		1,484,186
			Series - 2004 VF1 (Class A1)
	974,838	i	Greenpoint Mortgage Funding Trust		0.885		07/25/30		968,327
			Series - 2005 HE4 (Class 2A4C)
	94,279	i	Greenpoint Mortgage Funding Trust		0.295		04/25/47		94,322
			Series - 2007 AR2 (Class 1A1)
	4,611,187	i	GSR Mortgage Loan Trust		0.355		08/25/46		4,538,990
			Series - 2006 OA1 (Class 2A1)
	1,824,507		GSR Mortgage Loan Trust 2005-1F		6.000		01/25/35		1,833,197
			Series - 2005 1F (Class 3A3)
	11,000,000	g	HLSS Servicer Advance Receivables Backed Notes		1.790		11/15/46		10,981,300
			Series - 2013 T7 (Class A7)
	464,775	i	HSI Asset Securitization Corp Trust		0.525		07/25/35		462,304
			Series - 2005 NC1 (Class 2A3)
	6,122,609	i	Lehman XS Trust		0.445		08/25/35		5,817,378
			Series - 2005 2 (Class 1A1)
	4,096,520	i	Lehman XS Trust		5.420		01/25/36		3,524,892
			Series - 2005 10 (Class 2A3A)
	976,014	i	Lehman XS Trust		0.415		02/25/36		887,607
			Series - 2006 1 (Class 1A1)
	1,104,249		Lehman XS Trust		6.500		06/25/46		848,198
			Series - 2006 13 (Class 2A1)

148

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	196,930	i	Long Beach Mortgage Loan Trust		0.915	%	02/25/35	$	196,120
			Series - 2005 1 (Class M1)
	1,000,000	g,i	Longpoint Re Ltd		4.061		05/18/16		1,011,400
			Series - 2013 144A (Class )
	1,897,487	i	Morgan Stanley Capital I		0.345		02/25/36		1,874,524
			Series - 2006 NC2 (Class A2C)
	1,762,197		Oakwood Mortgage Investors, Inc		5.410		11/15/32		1,765,443
			Series - 2002 C (Class A1)
	5,063,511	i	Park Place Securities, Inc Asset-Backed Pass-Through Certificates		0.685		01/25/36		5,030,345
			Series - 2005 WCH1 (Class M2)
	1,325,597	i	Renaissance Home Equity Loan Trust		5.392		07/25/34		1,354,709
			Series - 2004 2 (Class AF4)
	2,000,000	g	Rental Car Finance Corp		4.380		02/25/16		2,044,346
			Series - 2011 1A (Class B1)
	204,649	i	Residential Asset Mortgage Products, Inc		4.970		09/25/33		211,658
			Series - 2003 RZ5 (Class A7)
	109,565	i	Residential Asset Securities Corp		6.489		10/25/30		109,715
			Series - 2001 KS2 (Class AI6)
	86,016	i	Residential Asset Securities Corp		0.595		04/25/35		85,191
			Series - 2005 KS3 (Class M3)
	454,448		Residential Funding Mortgage Securities II, Inc		5.500		08/25/25		464,274
			Series - 2006 HI5 (Class A3)
	1,850,000	i	Residential Funding Mortgage Securities II, Inc		6.130		09/25/35		1,763,420
			Series - 2005 HI3 (Class M5)
	281,325		Residential Funding Mortgage Securities II, Inc		5.960		02/25/36		284,095
			Series - 2006 HI3 (Class A3)
	500,000	i	Residential Funding Mortgage Securities II, Inc		6.010		02/25/36		510,344
			Series - 2006 HI1 (Class M1)
	3,500,000	i	Residential Funding Mortgage Securities II, Inc		6.060		02/25/36		3,685,766
			Series - 2006 HI1 (Class M2)
	335,480	i	SACO I, Inc		0.725		11/25/35		332,410
			Series - 2005 8 (Class A1)
	840,258	i	SACO I, Inc		0.925		11/25/35		833,492
			Series - 2005 8 (Class A3)
	1,000,000	g,i	Sanders Re Ltd		4.061		05/05/17		992,600
			Series - 2013 144A (Class )
	494,869	i	Saxon Asset Securities Trust		6.120		11/25/30		525,665
			Series - 2002 2 (Class AF6)
	620,449	i	Securitized Asset Backed Receivables LLC		0.465		10/25/35		605,000
			Series - 2006 OP1 (Class A2C)
	324,476	g	Sierra Receivables Funding Co LLC		3.420		03/20/29		329,312
			Series - 2012 2A (Class B)
	1,400,000	g	SLM Student Loan Trust		4.370		04/17/28		1,486,331
			Series - 2011 A (Class A2)
	590,000	g	SLM Student Loan Trust		3.740		02/15/29		615,365
			Series - 2011 B (Class A2)
	1,500,000	g	SLM Student Loan Trust		3.830		01/17/45		1,556,417
			Series - 2012 A (Class A2)
	803,903	i	Soundview Home Equity Loan Trust		0.465		11/25/35		793,051
			Series - 2005 OPT3 (Class A4)
	362,010	i	Structured Asset Investment Loan Trust		0.765		05/25/35		360,659
			Series - 2005 4 (Class M1)

149

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,778,097	g,i	Structured Asset Securities Corp		0.315	%	07/25/36	$	4,643,632
			Series - 2006 EQ1A (Class A4)
	2,908,791	g,i	Structured Asset Securities Corp		0.385		10/25/36		2,806,291
			Series - 2006 GEL4 (Class A2)
	3,696,812	i	Structured Asset Securities Corp Mortgage Loan Trust		0.325		03/25/36		3,499,362
			Series - 2006 BC1 (Class A5)
	4,000,000	g,i	Vitality Re IV Ltd		2.816		01/09/17		4,076,400
			Series - 2013 IV B (Class )
	455,000	g	Vornado DP LLC		5.280		09/13/28		491,989
			Series - 2010 VNO (Class C)
	549,154	g,m	Wachovia Amortization Controlled Heloc NIM		5.683		08/12/47		551,900
			Series - 2006 N1 (Class N1)
	132,461	g,i	Wachovia Loan Trust		0.525		05/25/35		123,899
			Series - 2005 SD1 (Class A)
	64,314	i	Wells Fargo Home Equity Trust		0.305		07/25/36		63,667
			Series - 2006 2 (Class A3)
			TOTAL ASSET BACKED						117,605,109
OTHER MORTGAGE BACKED - 5.4%
	1,727,039	g	7 WTC Depositor LLC Trust		4.082		03/13/31		1,795,502
			Series - 2012 7WTC (Class A)
	5,980,549	i	American Home Mortgage Investment Trust 2004-3		1.897		10/25/34		5,802,950
			Series - 2004 3 (Class 4A)
	2,174,077	g,i	Banc of America Large Loan, Inc		5.920		02/15/51		2,398,553
			Series - 2010 UB3 (Class A4B3)
	3,000,000	i	Banc of America Merrill Lynch Commercial Mortgage, Inc		5.118		07/10/45		2,985,768
			Series - 2005 4 (Class B)
	5,040,000		Bear Stearns Commercial Mortgage Securities		5.363		02/11/44		5,189,592
			Series - 2007 PW15 (Class AM)
	731,026		Citicorp Mortgage Securities, Inc		5.500		07/25/35		694,100
			Series - 2005 4 (Class 1A7)
	5,598	g,i	Citigroup Commercial Mortgage Trust		0.307		04/15/22		5,587
			Series - 2007 FL3A (Class A2)
	261,656		Countrywide Alternative Loan Trust		5.500		08/25/16		265,404
			Series - 2004 30CB (Class 1A15)
	2,592,766		Countrywide Alternative Loan Trust		5.000		04/25/20		2,627,771
			Series - 2005 6CB (Class 2A1)
	172,584		Countrywide Alternative Loan Trust		5.500		08/25/34		172,459
			Series - 2004 14T2 (Class A2)
	734,838	i	Countrywide Alternative Loan Trust		0.397		07/20/35		632,820
			Series - 2005 24 (Class 4A1)
	4,258,824	i	Countrywide Alternative Loan Trust		1.628		09/25/35		3,800,404
			Series - 2005 38 (Class A1)
	1,839,616	i	Countrywide Home Loan Mortgage Pass Through Trust		2.532		11/20/34		1,717,754
			Series - 2004 HYB6 (Class A2)
	16,924		Countrywide Home Loan Mortgage Pass Through Trust		5.250		05/25/35		16,906
			Series - 2005 12 (Class 1A5)
	311,704		Countrywide Home Loan Mortgage Pass Through Trust		5.250		09/25/35		303,044
			Series - 2005 17 (Class 1A10)
	4,350,000	i	Credit Suisse Commercial Mortgage Trust		5.760		09/15/39		4,534,905
			Series - 2007 C4 (Class AM)

150

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,150,000		Credit Suisse First Boston Mortgage Securities Corp		4.771	%	07/15/37	$	1,184,950
			Series - 2005 C3 (Class AJ)
	94,729	g,i	Credit Suisse Mortgage Capital Certificates		0.347		04/15/22		94,509
			Series - 2007 TF2A (Class A1)
	725,000	g	Credit Suisse Mortgage Capital Certificates		5.626		05/15/23		791,310
			Series - 2006 OMA (Class D)
	140,000		Credit Suisse Mortgage Capital Certificates		5.509		09/15/39		150,325
			Series - 2006 C4 (Class AM)
	1,870,000	g	Credit Suisse Mortgage Capital Certificates		5.383		02/15/40		1,955,781
			Series - 2009 RR1 (Class A3C)
	3,548,830	i	Harborview Mortgage Loan Trust		0.386		05/19/35		3,094,378
			Series - 2005 2 (Class 2A1A)
	4,123,820	i	Harborview Mortgage Loan Trust		0.496		09/19/35		3,161,778
			Series - 2005 8 (Class 1A2A)
	1,570,018	i	HarborView Mortgage Loan Trust		0.386		07/19/47		1,307,230
			Series - 2007 4 (Class 2A1)
	498,668	i	Impac CMB Trust		0.825		03/25/35		445,342
			Series - 2004 11 (Class 2A1)
	3,233,843	i	Impac CMB Trust		0.415		05/25/35		2,768,202
			Series - 0 4 (Class 1A1B)
	310,000	g,i	JP Morgan Chase Commercial Mortgage Securities Corp		5.259		07/15/46		328,406
			Series - 2011 C4 (Class C)
	2,080,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.932		02/15/51		2,193,932
			Series - 2007 C1 (Class AM)
	4,520,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		4.911		07/15/42		4,532,471
			Series - 2005 LDP2 (Class C)
	6,000,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		5.999		02/15/51		5,763,768
			Series - 2007 LD12 (Class AJ)
	3,400,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		6.192		02/15/51		3,768,618
			Series - 2007 LD12 (Class AM)
	3,705,630	i	JP Morgan Mortgage Acquisition Corp		0.265		10/25/36		3,638,403
			Series - 0 CH2 (Class AV3)
	2,496,223	i	JP Morgan Mortgage Trust		2.550		11/25/33		2,512,256
			Series - 2006 A2 (Class 5A3)
	330,000		LB-UBS Commercial Mortgage Trust		5.378		11/15/38		356,413
			Series - 2006 C7 (Class AM)
	4,960,000	i	LB-UBS Commercial Mortgage Trust		5.493		02/15/40		5,234,025
			Series - 2007 C2 (Class AM)
	1,080,000	i	LB-UBS Commercial Mortgage Trust		5.057		09/15/40		1,129,136
			Series - 2005 C5 (Class AJ)
	2,068,823		Lehman Mortgage Trust		5.500		11/25/35		1,943,766
			Series - 2005 1 (Class 2A4)
	1,955,013	i	Merrill Lynch Mortgage Investors, Inc		2.494		12/25/35		1,927,911
			Series - 2005 A9 (Class 2A1B)
	75,000	i	Merrill Lynch Mortgage Trust		6.263		02/12/51		80,966
			Series - 0 C1 (Class AJA)
	4,000,000	g,i	Morgan Stanley Capital I		5.810		08/12/41		4,206,856
			Series - 2006 T23 (Class B)
	1,040,000	i	Morgan Stanley Capital I		5.832		07/12/44		1,096,507
			Series - 2006 HQ9 (Class B)
	1,830,000	i	Morgan Stanley Capital I		5.842		07/12/44		1,860,045
			Series - 2006 HQ9 (Class C)

151

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	82,000	g,i	Morgan Stanley Capital I		5.252	%	09/15/47	$	84,434
			Series - 2011 C1 (Class D)
	173,629	i	Opteum Mortgage Acceptance Corp		0.565		02/25/35		172,676
			Series - 2005 1 (Class A4)
	2,513,746		RALI Trust		4.250		12/26/33		2,565,662
			Series - 2003 QS22 (Class A5)
	497,848	i	RALI Trust		0.465		01/25/35		487,728
			Series - 2005 QA1 (Class A1)
	812,640		Residential Accredit Loans, Inc		4.350		03/25/34		826,192
			Series - 2004 QS4 (Class A1)
	942,918		RFMSI Trust		5.500		03/25/35		953,774
			Series - 2005 S2 (Class A6)
	974,609	g,i	Springleaf Mortgage Loan Trust		2.667		09/25/57		995,867
			Series - 2012 1A (Class A)
	437,168	g,i	Springleaf Mortgage Loan Trust		2.220		10/25/57		445,354
			Series - 0 2A (Class A)
	2,500,958	i	Structured Adjustable Rate Mortgage Loan Trust		0.505		08/25/35		2,352,654
			Series - 2005 16XS (Class A1)
	3,655,000		Wachovia Bank Commercial Mortgage Trust		5.383		12/15/43		3,932,754
			Series - 2007 C30 (Class AM)
	5,000,000	i	Wachovia Bank Commercial Mortgage Trust		5.969		05/15/46		5,091,395
			Series - 2007 C34 (Class AJ)
	275,000		Wachovia Bank Commercial Mortgage Trust		5.500		04/15/47		303,988
			Series - 2007 C31 (Class A5)
	1,095,000	i	Wachovia Bank Commercial Mortgage Trust		5.591		04/15/47		1,192,221
			Series - 2007 C31 (Class AM)
	4,000,000	i	Wachovia Bank Commercial Mortgage Trust		5.660		04/15/47		3,970,064
			Series - 2007 C31 (Class AJ)
	1,413,865	i	WaMu Mortgage Pass-Through Certificates		0.515		12/25/45		1,251,678
			Series - 2005 AR19 (Class A1B3)
	3,706,471	i	WAMU Mortgage Pass-Through Certificates		0.435		07/25/45		3,388,163
			Series - 0 AR8 (Class 1A1A)
			TOTAL OTHER MORTGAGE BACKED						116,485,407
			TOTAL STRUCTURED ASSETS						234,090,516
			(Cost $229,171,491)
			TOTAL BONDS						1,977,851,144
			(Cost $1,972,076,531)
SHORT-TERM INVESTMENTS - 17.5%
GOVERNMENT AGENCY DEBT - 3.0%
	16,153,000		Federal Home Loan Bank (FHLB)		0.080		02/19/14		16,151,241
	2,300,000		FHLB		0.055		02/26/14		2,299,803
	4,000,000		FHLB		0.105		03/21/14		3,999,652
	14,700,000		Federal Home Loan Mortgage Corp (FHLMC)		0.040		01/21/14		14,699,673
	8,200,000		FHLMC		0.037		01/23/14		8,199,815
	20,000,000		FHLMC		0.060		03/10/14		19,998,520
			TOTAL GOVERNMENT AGENCY DEBT						65,348,704

152

TIAA-CREF FUNDS - Bond Plus Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
TREASURY DEBT - 14.5%
$	15,000,000		United States Treasury Bill		0.021	%	01/02/14	$	14,999,991
	1,700,000		United States Treasury Bill		0.075		02/27/14		1,699,798
	25,600,000	d	United States Treasury Bill		0.055-0.081		03/06/14		25,597,645
	2,300,000		United States Treasury Bill		0.053		03/13/14		2,299,821
	3,000,000	d	United States Treasury Bill		0.063		04/03/14		2,999,469
	20,000,000	d	United States Treasury Bill		0.060-0.061		04/17/14		19,997,820
	48,000,000	d	United States Treasury Bill		0.065-0.077		04/24/14		47,991,024
	55,700,000	d	United States Treasury Bill		0.063-0.108		07/24/14		55,675,659
	60,800,000	d	United States Treasury Bill		0.071-0.106		08/21/14		60,772,701
	43,000,000	d	United States Treasury Bill		0.091-0.096		09/18/14		42,976,780
	35,000,000	d	United States Treasury Note		1.250		04/15/14		35,113,470
			TOTAL TREASURY DEBT						310,124,178
			TOTAL SHORT-TERM INVESTMENTS						375,472,882
			(Cost $375,459,222)
			TOTAL INVESTMENTS - 113.7%						2,442,432,986
			(Cost $2,436,162,894)
			OTHER ASSETS & LIABILITIES, NET - (13.7)%						(293,692,242	)
			NET ASSETS - 100.0%					$	2,148,740,744

d	All or a portion of these securities have been segregated by the custodian to cover collateral requirements on mortgage dollar rolls.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $345,838,518 or 16.1% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	Floating or variable rate security. Coupon rate reflects the rate at period end.
l	All or a portion of these securities have been segregated by the custodian to cover collateral requirements on swap agreements.
m	Indicates a security that has been deemed illiquid.
o	Payment in Kind Bond.

153

TIAA-CREF FUNDS - High-Yield Fund

TIAA-CREF FUNDS
HIGH-YIELD FUND
SCHEDULE OF INVESTMENTS (unaudited)
December 31, 2013

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 13.0%
AUTOMOBILES & COMPONENTS - 0.8%
$	11,578,950	i	Allison Transmission, Inc		3.750	%	08/23/19	$	11,633,255
	8,799,252	i	DaimlerChrysler Group LLC		4.250		05/24/17		8,851,784
			TOTAL AUTOMOBILES & COMPONENTS						20,485,039
CAPITAL GOODS - 1.1%
	11,060,280	i	FMG Resources August 2006 Pty Ltd		4.250		06/30/19		11,195,105
	7,835,363		Generac Power Systems, Inc		3.500		05/30/18		7,832,072
	9,801,000	i	Sequa Corp		5.250		06/19/17		9,550,683
			TOTAL CAPITAL GOODS						28,577,860
COMMERCIAL & PROFESSIONAL SERVICES - 0.9%
	14,812,500	i	Pilot Corp		4.250		08/07/19		14,858,863
	9,975,000		Pitney Bowes Management		7.500		09/03/19		10,024,875
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						24,883,738
CONSUMER SERVICES - 2.8%
	9,100,000	i	ARAMARK Corp		4.000		09/07/19		9,153,053
	8,379,000	i	Boyd Gaming Corp		4.000		08/14/20		8,392,071
	2,226,290	i	Burger King Corp		3.750		09/28/19		2,233,704
	9,473,684	i	Hilton Worldwide		4.000		10/25/20		9,544,737
	12,500,000		Marina District Finance Co, Inc		6.750		08/15/18		12,539,125
	5,346,000	i	MGM Resorts International		3.500		12/20/19		5,356,050
	11,890,151	i	Peninsula Gaming LLC		4.250		11/20/17		11,959,471
	9,000,000	h,i	Spin Holdco, Inc		4.250		11/08/19		9,039,420
	4,500,000		Spin Holdco, Inc		4.250		11/08/19		4,528,125
			TOTAL CONSUMER SERVICES						72,745,756
ENERGY - 0.6%
	16,745,161	i	Arch Coal, Inc		5.750		05/16/18		16,497,500
			TOTAL ENERGY						16,497,500
FOOD & STAPLES RETAILING - 0.5%
	2,000,000	i	Rite Aid Corp		5.750		08/21/20		2,046,880
	11,000,000	i	Rite Aid Corp		4.875		06/21/21		11,146,630
			TOTAL FOOD & STAPLES RETAILING						13,193,510
FOOD, BEVERAGE & TOBACCO - 0.2%
	4,848,955	i	Del Monte Foods Co		4.000		03/08/18		4,860,156
			TOTAL FOOD, BEVERAGE & TOBACCO						4,860,156
HEALTH CARE EQUIPMENT & SERVICES - 1.6%
	11,940,000	i	Apria Healthcare Group, Inc		6.750		04/05/20		11,964,835
	6,599,960	i	Biomet, Inc		4.500		07/25/17		6,637,118

154

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	11,260,743	i	Capsugel Holdings US, Inc		3.500	%	08/01/18	$	11,253,761
	7,920,000	i	DaVita, Inc		4.000		11/01/19		7,969,500
	3,989,959	i	Kinetic Concepts, Inc		4.500		05/04/18		4,009,909
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						41,835,123
INSURANCE - 0.5%
	13,994,250	i	Compass Investors, Inc		5.000		12/27/19		14,042,390
			TOTAL INSURANCE						14,042,390
MATERIALS - 0.3%
	8,731,125	i	Tronox Pigments BV		4.500		03/19/20		8,838,081
			TOTAL MATERIALS						8,838,081
MEDIA - 0.4%
	5,205,544	i	MTL Publishing LLC		4.250		06/29/18		5,219,651
	4,895,636	i	Univision Communications, Inc		4.500		03/01/20		4,917,078
			TOTAL MEDIA						10,136,729
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	596,124	i	NBTY, Inc		3.500		10/01/17		599,320
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						599,320
REAL ESTATE - 0.2%
	4,200,000	i	CityCenter Holdings LLC		5.000		10/16/20		4,257,708
			TOTAL REAL ESTATE						4,257,708
RETAILING - 0.5%
	13,800,188	i	Academy Ltd		4.500		08/03/18		13,869,189
			TOTAL RETAILING						13,869,189
SOFTWARE & SERVICES - 1.2%
	375,248	i	IMS Health, Inc		3.750		09/01/17		376,246
	4,502,418	h,i	Infor US, Inc		3.750		06/03/20		4,492,108
	4,502,418	i	Lawson Software, Inc		5.250		04/05/18		4,512,729
	12,000,000	i	Mitchell International, Inc		8.500		10/11/21		12,157,560
	6,470,663	i	P2 Lower Acquisition LLC		5.500		10/22/20		6,486,840
	4,455,000	i	SunGard Data Systems, Inc		4.500		01/31/20		4,473,577
			TOTAL SOFTWARE & SERVICES						32,499,060
TECHNOLOGY HARDWARE & EQUIPMENT - 0.8%
	20,000,000	i	Scientific Games International, Inc		4.250		10/18/20		20,005,000
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						20,005,000
TELECOMMUNICATION SERVICES - 0.4%
	10,000,000		Internap Network Services Corp		6.000		10/30/19		9,950,000
			TOTAL TELECOMMUNICATION SERVICES						9,950,000
UTILITIES - 0.2%
	4,443,750	i	Calpine Corp		4.000		10/09/19		4,469,524
			TOTAL UTILITIES						4,469,524
			TOTAL BANK LOAN OBLIGATIONS					$	341,745,683
			(Cost $339,453,466)

155

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
BONDS - 83.9%
CORPORATE BONDS - 83.9%
AUTOMOBILES & COMPONENTS - 0.5%
$	5,000,000		DaimlerChrysler Group LLC		8.000	%	06/15/19	$	5,525,000
	7,600,000		Goodyear Tire & Rubber Co		6.500		03/01/21		8,056,000
			TOTAL AUTOMOBILES & COMPONENTS						13,581,000
BANKS - 2.3%
	1,683,000	g	Alfa Bond Issuance plc for OJSC Alfa Bank		7.750		04/28/21		1,798,706
	13,300,000	i	Fifth Third Bancorp		5.100		12/30/49		11,770,500
	2,600,000	i	JPMorgan Chase & Co		7.900		12/30/49		2,866,500
	9,500,000	i	JPMorgan Chase & Co		5.150		12/30/49		8,526,250
	4,750,000	g,i	Lloyds Banking Group plc		6.657		12/30/49		4,583,750
	9,250,000		Royal Bank of Scotland Group plc		6.125		12/15/22		9,453,509
	4,500,000		Royal Bank of Scotland Group plc		6.100		06/10/23		4,536,432
	9,000,000		Royal Bank of Scotland Group plc		6.000		12/19/23		9,064,080
	4,000,000	i	Royal Bank of Scotland Group plc		7.640		12/30/49		3,900,000
	4,000,000	i	Royal Bank of Scotland Group plc		7.648		12/30/49		4,180,000
			TOTAL BANKS						60,679,727
CAPITAL GOODS - 2.5%
	4,550,000		Access Midstream Partners LP		5.875		04/15/21		4,845,750
	2,875,000		Alliant Techsystems, Inc		6.875		09/15/20		3,101,406
	2,300,000		Anixter, Inc		5.625		05/01/19		2,417,875
	2,000,000		Chesapeake Midstream Partners LP		6.125		07/15/22		2,140,000
	1,859,000	g	FMG Resources August 2006 Pty Ltd		7.000		11/01/15		1,928,712
	5,250,000	g	FMG Resources August 2006 Pty Ltd		8.250		11/01/19		5,893,125
	6,300,000	g	FMG Resources August 2006 Pty Ltd		6.875		04/01/22		6,867,000
	3,700,000	g	Rexel S.A.		6.125		12/15/19		3,866,500
	9,250,000	g	Rexel S.A.		5.250		06/15/20		9,296,250
	3,375,000	g	Schaeffler Finance BV		7.750		02/15/17		3,830,625
	8,275,000	g	Schaeffler Finance BV		8.500		02/15/19		9,309,375
	3,158,000	g	Sealed Air Corp		8.125		09/15/19		3,544,855
	1,600,000	g	Sealed Air Corp		6.500		12/01/20		1,720,000
	4,158,000	g	Sealed Air Corp		8.375		09/15/21		4,719,330
	2,250,000		SPX Corp		6.875		09/01/17		2,542,500
			TOTAL CAPITAL GOODS						66,023,303
COMMERCIAL & PROFESSIONAL SERVICES - 3.4%
	3,725,000	g	ADT Corp		6.250		10/15/21		3,911,250
	8,150,000		Clean Harbors, Inc		5.250		08/01/20		8,394,500
	1,925,000		Clean Harbors, Inc		5.125		06/01/21		1,944,250
	5,000,000	g,o	Neovia Logistics Intermediate Holdings LLC		10.000		02/15/18		5,050,000
	12,825,000		RR Donnelley & Sons Co		7.875		03/15/21		14,235,750
	1,361,000		RR Donnelley & Sons Co		7.250		05/15/18		1,544,735
	5,775,000		RR Donnelley & Sons Co		8.250		03/15/19		6,612,375

156

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,675,000		RR Donnelley & Sons Co		7.000	%	02/15/22	$	1,800,625
	8,650,000		RR Donnelley & Sons Co		6.500		11/15/23		8,736,500
	21,200,000	g	SPL Logistics Escrow LLC		8.875		08/01/20		22,525,000
	3,000,000		United Rentals North America, Inc		7.375		05/15/20		3,326,250
	4,700,000		United Rentals North America, Inc		8.250		02/01/21		5,299,250
	2,825,000		United Rentals North America, Inc		7.625		04/15/22		3,139,281
	3,334,000		Visant Corp		10.000		10/01/17		3,233,980
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						89,753,746
CONSUMER DURABLES & APPAREL - 2.1%
	4,500,000		Beazer Homes USA, Inc		6.625		04/15/18		4,826,250
	4,500,000	g	Beazer Homes USA, Inc		7.500		09/15/21		4,657,500
	3,525,000		Hanesbrands, Inc		6.375		12/15/20		3,851,063
	4,750,000		KB Home		8.000		03/15/20		5,248,750
	14,250,000		KB Home		7.000		12/15/21		14,855,625
	6,150,000		Levi Strauss & Co		6.875		05/01/22		6,765,000
	12,403,000		Libbey Glass, Inc		6.875		05/15/20		13,395,240
	1,800,000		Standard Pacific Corp		8.375		01/15/21		2,097,000
			TOTAL CONSUMER DURABLES & APPAREL						55,696,428
CONSUMER SERVICES - 3.8%
	6,026,000		Ameristar Casinos, Inc		7.500		04/15/21		6,538,210
	3,375,000	g	ARAMARK Corp		5.750		03/15/20		3,526,875
	11,227,000		Boyd Gaming Corp		9.000		07/01/20		12,293,565
	7,700,000	g	Ceridian HCM Holding, Inc		11.000		03/15/21		8,874,250
	2,500,000		DineEquity, Inc		9.500		10/30/18		2,775,000
	3,500,000		MGM Resorts International		11.375		03/01/18		4,445,000
	7,000,000		MGM Resorts International		5.250		03/31/20		6,947,500
	4,250,000		MGM Resorts International		6.750		10/01/20		4,547,500
	9,525,000		MGM Resorts International		6.625		12/15/21		10,072,688
	12,500,000		MGM Resorts International		7.750		03/15/22		13,968,750
	2,950,000	g	Service Corp International		5.375		01/15/22		2,986,875
	14,435,000	g	Six Flags Entertainment Corp		5.250		01/15/21		14,110,212
	6,900,000		Speedway Motorsports, Inc		6.750		02/01/19		7,331,250
			TOTAL CONSUMER SERVICES						98,417,675
DIVERSIFIED FINANCIALS - 5.8%
	9,000,000		Ally Financial, Inc		4.750		09/10/18		9,416,250
	4,500,000	g	Aralco Finance SA		10.125		05/07/20		2,520,000
	4,000,000		CIT Group, Inc		5.250		03/15/18		4,290,000
	2,000,000	g	CIT Group, Inc		6.625		04/01/18		2,247,500
	3,000,000	g	CIT Group, Inc		5.500		02/15/19		3,217,500
	9,500,000	i	Citigroup, Inc		5.350		12/30/49		8,341,000
	2,000,000		General Motors Acceptance Corp LLC		8.000		11/01/31		2,380,000
	3,000,000	g	General Motors Financial Co, Inc		4.750		08/15/17		3,183,750
	3,200,000	g	General Motors Financial Co, Inc		3.250		05/15/18		3,200,000
	7,000,000		GMAC, Inc		8.000		03/15/20		8,391,250
	4,000,000		GMAC, Inc		7.500		09/15/20		4,660,000
	7,000,000		GMAC, Inc		8.000		11/01/31		8,373,750
	16,068,000	g,i	ILFC E-Capital Trust I		5.460		12/21/65		14,702,220
	2,232,000		International Lease Finance Corp		8.750		03/15/17		2,628,180
	8,000,000		International Lease Finance Corp		6.250		05/15/19		8,660,000

157

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,600,000		International Lease Finance Corp		8.250	%	12/15/20	$	4,212,000
	9,500,000		International Lease Finance Corp		4.625		04/15/21		9,072,500
	11,000,000		International Lease Finance Corp		5.875		08/15/22		10,972,500
	19,325,000		SLM Corp		5.500		01/15/19		20,054,557
	20,350,000		SLM Corp		4.875		06/17/19		20,277,819
			TOTAL DIVERSIFIED FINANCIALS						150,800,776
ENERGY - 12.6%
	5,000,000		Arch Coal, Inc		7.000		06/15/19		3,975,000
	4,700,000		Ashland, Inc		6.875		05/15/43		4,441,500
	5,700,000	g	Atlas Pipeline Partners LP		4.750		11/15/21		5,215,500
	8,000,000	g	Calumet Specialty Products Partners LP		7.625		01/15/22		8,080,000
	3,500,000		Chaparral Energy, Inc		8.250		09/01/21		3,797,500
	7,400,000		Chaparral Energy, Inc		7.625		11/15/22		7,918,000
	10,000,000		Chesapeake Energy Corp		5.375		06/15/21		10,350,000
	2,046,000		Chesapeake Energy Corp		5.750		03/15/23		2,107,380
	5,106,000		Cimarex Energy Co		5.875		05/01/22		5,399,595
	2,750,000		Cloud Peak Energy Resources LLC		8.250		12/15/17		2,870,312
	1,000,000		Cloud Peak Energy Resources LLC		8.500		12/15/19		1,085,000
	8,450,000		Concho Resources, Inc		5.500		04/01/23		8,703,500
	1,500,000		Consol Energy Inc		8.250		04/01/20		1,623,750
	6,120,000		Crestwood Midstream Partners LP		6.000		12/15/20		6,303,600
	2,000,000	g	Crestwood Midstream Partners LP		6.125		03/01/22		2,050,000
	3,975,000	g	EDC Finance Ltd		4.875		04/17/20		3,860,719
	5,000,000		EP Energy LLC		6.875		05/01/19		5,381,250
	11,000,000		EP Energy LLC		9.375		05/01/20		12,691,250
	6,030,000		EP Energy LLC		7.750		09/01/22		6,753,600
	12,900,000	g	Exterran Partners LP		6.000		04/01/21		12,803,250
	2,850,000		Halcon Resources Corp		9.750		07/15/20		2,971,125
	13,300,000		Halcon Resources Corp		8.875		05/15/21		13,433,000
	6,750,000		Linn Energy LLC		6.500		05/15/19		6,885,000
	9,600,000	g	Linn Energy LLC		7.000		11/01/19		9,696,000
	5,625,000		Linn Energy LLC		7.750		02/01/21		5,948,437
	2,560,000		MarkWest Energy Partners LP		6.750		11/01/20		2,777,600
	2,249,000		MarkWest Energy Partners LP		6.250		06/15/22		2,378,317
	2,800,000		Newfield Exploration Co		6.875		02/01/20		2,999,500
	13,900,000	g	Oasis Petroleum, Inc		6.875		03/15/22		14,734,000
	13,500,000	g	Pacific Rubiales Energy Corp		5.375		01/26/19		13,601,250
	4,800,000		Peabody Energy Corp		6.000		11/15/18		5,112,000
	1,000,000		Peabody Energy Corp		6.500		09/15/20		1,052,500
	9,500,000		Peabody Energy Corp		6.250		11/15/21		9,595,000
	3,000,000		Peabody Energy Corp		4.750		12/15/41		2,371,875
	2,665,000		Precision Drilling Corp		6.500		12/15/21		2,838,225
	11,391,000		Precision Drilling Trust		6.625		11/15/20		12,159,893
	1,000,000		Range Resources Corp		6.750		08/01/20		1,082,500
	2,665,000		Range Resources Corp		5.000		08/15/22		2,618,363
	4,000,000		Regency Energy Partners LP		5.750		09/01/20		4,130,000
	5,400,000		Regency Energy Partners LP		6.500		07/15/21		5,724,000
	4,685,000	g	Rockies Express Pipeline LLC		6.000		01/15/19		4,333,625
	2,000,000		SandRidge Energy, Inc		8.750		01/15/20		2,155,000
	6,670,000		SandRidge Energy, Inc		7.500		03/15/21		6,986,825
	7,042,000		SandRidge Energy, Inc		8.125		10/15/22		7,464,520

158

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,150,000		SandRidge Energy, Inc		7.500	%	02/15/23	$	4,212,250
	8,850,000		SESI LLC		7.125		12/15/21		9,867,750
	4,000,000		SM Energy Co		6.500		11/15/21		4,240,000
	5,795,000		SM Energy Co		6.500		01/01/23		6,077,506
	4,350,000		Tesoro Corp		5.375		10/01/22		4,404,375
	6,185,000	g	Ultra Petroleum Corp		5.750		12/15/18		6,355,088
	30,900,000		Whiting Petroleum Corp		5.000		03/15/19		31,595,250
	4,000,000		WPX Energy, Inc		6.000		01/15/22		4,000,000
			TOTAL ENERGY						329,211,480
FOOD & STAPLES RETAILING - 1.2%
	15,000,000		Ingles Markets, Inc		5.750		06/15/23		14,700,000
	5,000,000		Rite Aid Corp		6.750		06/15/21		5,243,750
	3,800,000		Stater Bros Holdings, Inc		7.375		11/15/18		4,018,500
	7,610,000	g	Sun Merger Sub, Inc		5.250		08/01/18		7,971,475
			TOTAL FOOD & STAPLES RETAILING						31,933,725
FOOD, BEVERAGE & TOBACCO - 1.1%
	6,575,000		Del Monte Foods Co		7.625		02/15/19		6,829,781
	3,150,000	g	Post Holdings, Inc		7.375		02/15/22		3,370,500
	12,185,000		Post Holdings, Inc		7.375		02/15/22		13,037,950
	5,509,000		Smithfield Foods, Inc		6.625		08/15/22		5,839,540
			TOTAL FOOD, BEVERAGE & TOBACCO						29,077,771
HEALTH CARE EQUIPMENT & SERVICES - 5.9%
	2,252,000		Biomet, Inc		6.500		08/01/20		2,364,600
	1,625,000		CHS/Community Health Systems		5.125		08/15/18		1,677,812
	14,950,000		CHS/Community Health Systems		8.000		11/15/19		16,220,750
	5,047,000	g	Fresenius Medical Care Capital Trust		5.750		02/15/21		5,349,820
	5,000,000	g	Fresenius Medical Care II		5.625		07/31/19		5,400,000
	575,000		HCA Holdings, Inc		6.250		02/15/21		601,594
	705,000		HCA Holdings, Inc		7.750		05/15/21		770,212
	10,000,000		HCA, Inc		6.500		02/15/20		10,987,500
	13,600,000		HCA, Inc		7.500		02/15/22		14,926,000
	6,800,000		HCA, Inc		5.875		03/15/22		7,021,000
	15,000,000		HCA, Inc		5.875		05/01/23		14,812,500
	900,000		HCA, Inc		7.500		11/06/33		900,000
	9,200,000		Kinetic Concepts, Inc		10.500		11/01/18		10,580,000
	8,000,000		Kinetic Concepts, Inc		12.500		11/01/19		9,000,000
	7,295,000		LifePoint Hospitals, Inc		6.625		10/01/20		7,769,175
	6,075,000	g	LifePoint Hospitals, Inc		5.500		12/01/21		6,097,781
	2,500,000	g	Mallinckrodt International Finance S.A.		3.500		04/15/18		2,452,472
	4,450,000	g	Tenet Healthcare Corp		6.000		10/01/20		4,644,688
	4,225,000		Tenet Healthcare Corp		4.375		10/01/21		3,971,500
	17,400,000		Tenet Healthcare Corp		8.125		04/01/22		18,748,500
	1,750,000		Tenet Healthcare Corp		6.875		11/15/31		1,522,500
	7,375,000	g	VPII Escrow Corp		7.500		07/15/21		8,094,063
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						153,912,467
HOUSEHOLD & PERSONAL PRODUCTS - 1.3%
	4,800,000	g	First Quality Finance Co, Inc		4.625		05/15/21		4,560,000
	4,000,000		Reynolds Group Issuer, Inc		8.500		05/15/18		4,220,000

159

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	13,125,000		Reynolds Group Issuer, Inc		5.750	%	10/15/20	$	13,387,500
	5,000,000		Reynolds Group Issuer, Inc		6.875		02/15/21		5,387,500
	1,750,000	g	Spectrum Brands Escrow Corp		6.375		11/15/20		1,868,125
	1,750,000	g	Spectrum Brands Escrow Corp		6.625		11/15/22		1,861,563
	3,000,000		Spectrum Brands, Inc		6.750		03/15/20		3,228,750
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						34,513,438
INSURANCE - 1.0%
	11,200,000	g	Fidelity & Guaranty Life Holdings, Inc		6.375		04/01/21		11,760,000
	3,155,000	g	HBOS plc		6.000		11/01/33		3,041,010
	11,250,000	g	Onex USI Aquisition Corp		7.750		01/15/21		11,503,125
			TOTAL INSURANCE						26,304,135
MATERIALS - 4.2%
	4,750,000		ArcelorMittal		5.750		08/05/20		5,046,875
	4,750,000		ArcelorMittal		6.000		03/01/21		5,035,000
	4,750,000		ArcelorMittal		6.750		02/25/22		5,165,625
	3,700,000		ArcelorMittal		7.500		10/15/39		3,635,250
	5,700,000		ArcelorMittal		7.250		03/01/41		5,443,500
	3,700,000	g	Belden, Inc		5.500		09/01/22		3,626,000
	5,939,000	g	CommScope, Inc		8.250		01/15/19		6,510,629
	2,000,000		Crown Americas LLC		6.250		02/01/21		2,170,000
	14,400,000	g	Eldorado Gold Corp		6.125		12/15/20		13,860,000
	600,000		Greif, Inc		7.750		08/01/19		681,000
	7,200,000		Hexion US Finance Corp		8.875		02/01/18		7,479,000
	13,710,000		Hexion US Finance Corp		6.625		04/15/20		14,052,750
	2,500,000		Lafarge S.A.		7.125		07/15/36		2,606,250
	1,133,000		PolyOne Corp		5.250		03/15/23		1,104,675
	10,500,000		Rosetta Resources, Inc		5.625		05/01/21		10,473,750
	2,778,000	g	Sappi Papier Holding AG.		6.625		04/15/21		2,736,330
	2,000,000	g	Sappi Papier Holding GmbH		7.750		07/15/17		2,190,000
	5,800,000	g	Sappi Papier Holding GmbH		8.375		06/15/19		6,365,500
	800,000		Steel Dynamics, Inc		6.125		08/15/19		866,000
	650,000		Steel Dynamics, Inc		6.375		08/15/22		702,000
	11,140,000		Tronox Finance LLC		6.375		08/15/20		11,362,800
			TOTAL MATERIALS						111,112,934
MEDIA - 7.7%
	1,825,000		AMC Entertainment Holdings, Inc		9.750		12/01/20		2,087,344
	7,700,000		AMC Entertainment, Inc		8.750		06/01/19		8,229,375
	4,500,000		Cablevision Systems Corp		5.875		09/15/22		4,308,750
	5,375,000		CCO Holdings LLC		8.125		04/30/20		5,831,875
	4,175,000		CCO Holdings LLC		6.500		04/30/21		4,289,812
	1,960,000		CCO Holdings LLC		6.625		01/31/22		2,018,800
	5,950,000		CCO Holdings LLC		5.125		02/15/23		5,518,625
	1,000,000		Cinemark USA, Inc		7.375		06/15/21		1,105,000
	13,110,000		Clear Channel Worldwide Holdings, Inc		7.625		03/15/20		13,781,888
	940,000		Clear Channel Worldwide Holdings, Inc		7.625		03/15/20		977,600
	2,010,000		Clear Channel Worldwide Holdings, Inc		6.500		11/15/22		2,037,637
	10,250,000		CSC Holdings LLC		6.750		11/15/21		11,044,375
	3,705,000		DISH DBS Corp		4.625		07/15/17		3,880,987
	13,900,000		DISH DBS Corp		4.250		04/01/18		14,178,000

160

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	8,000,000		DISH DBS Corp		6.750	%	06/01/21	$	8,480,000
	2,000,000		DISH DBS Corp		5.875		07/15/22		2,000,000
	7,500,000	g	IAC		4.875		11/30/18		7,668,750
	4,075,000		Lamar Media Corp		5.875		02/01/22		4,176,875
	8,000,000		Lamar Media Corp		5.000		05/01/23		7,600,000
	750,000	g	Lynx I Corp		5.375		04/15/21		750,000
	6,800,000	g	Lynx II Corp		6.375		04/15/23		6,919,000
	8,000,000		Nielsen Finance LLC		4.500		10/01/20		7,780,000
	9,500,000	g	PNK Finance Corp		6.375		08/01/21		9,713,750
	7,650,000		Regal Entertainment Group		5.750		06/15/23		7,516,125
	2,275,000		Regal Entertainment Group		5.750		02/01/25		2,144,188
	15,400,000	g	Sirius XM Radio, Inc		5.875		10/01/20		15,708,000
	2,000,000	g	Unitymedia Hessen GmbH & Co KG		7.500		03/15/19		2,175,000
	13,100,000	g	Unitymedia Hessen GmbH & Co KG		5.500		01/15/23		12,707,000
	5,193,000	g	Univision Communications, Inc		7.875		11/01/20		5,705,809
	2,000,000	g	Univision Communications, Inc		8.500		05/15/21		2,200,000
	7,625,000	g	Univision Communications, Inc		6.750		09/15/22		8,349,375
	8,025,000	g	Univision Communications, Inc		5.125		05/15/23		8,014,969
	2,700,000		WideOpenWest Finance LLC		10.250		07/15/19		2,997,000
			TOTAL MEDIA						201,895,909
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.8%
	6,675,000	g,o	Capsugel S.A.		7.000		05/15/19		6,800,156
	2,577,000		Endo Health Solutions, Inc		7.250		01/15/22		2,757,390
	3,389,000		Endo Pharmaceuticals Holdings, Inc		7.000		07/15/19		3,626,230
	1,250,000		Endo Pharmaceuticals Holdings, Inc		7.000		12/15/20		1,337,500
	2,000,000	g	Valeant Pharmaceuticals International		7.000		10/01/20		2,155,000
	14,200,400	g	Valeant Pharmaceuticals International, Inc		6.375		10/15/20		14,963,671
	1,900,000	g	Valeant Pharmaceuticals International, Inc		6.750		08/15/21		2,014,000
	1,950,000	g	Valeant Pharmaceuticals International, Inc		5.625		12/01/21		1,959,750
	10,000,000	g	Valeant Pharmaceuticals International, Inc		7.250		07/15/22		10,762,500
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						46,376,197
RETAILING - 4.3%
	4,000,000		AmeriGas Finance LLC		7.000		05/20/22		4,340,000
	5,000,000		AmeriGas Partners LP		6.250		08/20/19		5,375,000
	12,500,000		Asbury Automotive Group, Inc		8.375		11/15/20		14,046,875
	2,000,000		AutoNation, Inc		6.750		04/15/18		2,315,000
	4,166,000		AutoNation, Inc		5.500		02/01/20		4,473,242
	13,700,000	g	BC Mountain LLC		7.000		02/01/21		13,837,000
	4,180,000		Ferrellgas LP		6.500		05/01/21		4,263,600
	2,150,000	g	Ferrellgas LP		6.750		01/15/22		2,182,250
	10,838,000		Ferrellgas Partners LP		8.625		06/15/20		11,406,995
	1,275,000		JC Penney Corp, Inc		5.650		06/01/20		1,000,875
	3,000,000		JC Penney Corp, Inc		6.375		10/15/36		2,235,000
	1,875,000		Limited Brands, Inc		7.000		05/01/20		2,104,687
	1,000,000		Limited Brands, Inc		6.625		04/01/21		1,097,500
	5,000,000	g	Murphy Oil USA, Inc		6.000		08/15/23		5,025,000
	11,759,000		Penske Automotive Group, Inc		5.750		10/01/22		12,023,578
	12,275,000	g,o	Schaeffler Holding Finance BV		6.875		08/15/18		13,011,500
	5,000,000		Sonic Automotive, Inc		7.000		07/15/22		5,431,250
	3,975,000		Sonic Automotive, Inc		5.000		05/15/23		3,726,563

161

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,325,000	g	WEX, Inc		4.750	%	02/01/23	$	3,979,000
			TOTAL RETAILING						111,874,915
SOFTWARE & SERVICES - 2.8%
	8,400,000	g	Activision Blizzard, Inc		5.625		09/15/21		8,694,000
	4,450,000	g	Activision Blizzard, Inc		6.125		09/15/23		4,639,125
	12,085,000	g	Audatex North America, Inc		6.000		06/15/21		12,659,038
	12,575,000	g	BMC Software Finance, Inc		8.125		07/15/21		12,952,250
	5,775,000		Equinix, Inc		4.875		04/01/20		5,746,125
	4,800,000	g	IMS Health, Inc		12.500		03/01/18		5,676,000
	2,000,000	g	IMS Health, Inc		6.000		11/01/20		2,125,000
	6,725,000		NCR Corp		4.625		02/15/21		6,439,187
	5,350,000	g	NCR Escrow Corp		5.875		12/15/21		5,450,313
	3,000,000	g	Nielsen Co Luxembourg SARL		5.500		10/01/21		3,045,000
	5,580,000		SunGard Data Systems, Inc		6.625		11/01/19		5,859,000
	2,000,000		SunGard Data Systems, Inc		7.625		11/15/20		2,180,000
			TOTAL SOFTWARE & SERVICES						75,465,038
TECHNOLOGY HARDWARE & EQUIPMENT - 1.3%
	2,825,000	g	NXP BV		3.750		06/01/18		2,846,187
	9,500,000	g	NXP Funding LLC		5.750		02/15/21		9,927,500
	7,850,000	g	NXP Funding LLC		5.750		03/15/23		7,987,375
	2,500,000		Scientific Games Corp		8.125		09/15/18		2,681,250
	5,611,000		Scientific Games Corp		9.250		06/15/19		6,017,798
	4,000,000		Scientific Games International, Inc		6.250		09/01/20		4,100,000
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						33,560,110
TELECOMMUNICATION SERVICES - 11.7%
	2,000,000		CenturyLink, Inc		5.625		04/01/20		2,035,000
	6,000,000		CenturyLink, Inc		6.450		06/15/21		6,240,000
	7,300,000		CenturyLink, Inc		5.800		03/15/22		7,208,750
	7,375,000		CenturyLink, Inc		6.750		12/01/23		7,467,188
	3,300,000		CenturyLink, Inc		7.650		03/15/42		2,945,250
	3,200,000		Citizens Communications Co		7.125		03/15/19		3,448,000
	2,750,000		Citizens Communications Co		9.000		08/15/31		2,701,875
	8,800,000	g,o	CommScope Holding Co, Inc		6.625		06/01/20		9,152,000
	14,150,000		Frontier Communications Corp		8.500		04/15/20		15,848,000
	3,225,000		Frontier Communications Corp		7.125		01/15/23		3,184,687
	4,250,000		Intelsat Jackson Holdings S.A.		6.625		12/15/22		4,377,500
	3,000,000		Intelsat Jackson Holdings S.A.		7.250		04/01/19		3,240,000
	6,000,000		Intelsat Jackson Holdings S.A.		7.250		10/15/20		6,562,500
	4,837,000		Intelsat Jackson Holdings S.A.		7.500		04/01/21		5,332,792
	11,050,000	g	Intelsat Jackson Holdings S.A.		5.500		08/01/23		10,511,313
	1,800,000	g	Intelsat Luxembourg S.A.		6.750		06/01/18		1,912,500
	11,050,000	g	Intelsat Luxembourg S.A.		7.750		06/01/21		11,851,125
	6,450,000	g	Intelsat Luxembourg S.A.		8.125		06/01/23		6,917,625
	6,650,000	g	MetroPCS Wireless, Inc		6.625		04/01/23		6,866,125
	9,724,000		Sprint Capital Corp		6.900		05/01/19		10,623,470
	3,507,000		Sprint Capital Corp		6.875		11/15/28		3,305,347
	2,050,000		Sprint Capital Corp		8.750		03/15/32		2,198,625
	8,075,000	g	Sprint Corp		7.250		09/15/21		8,670,531
	10,250,000	g	Sprint Corp		7.875		09/15/23		11,018,750

162

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	14,250,000	g	Sprint Corp		7.125	%	06/15/24	$	14,463,750
	5,000,000		Sprint Nextel Corp		6.000		12/01/16		5,456,250
	4,500,000	g	Sprint Nextel Corp		9.000		11/15/18		5,422,500
	3,125,000	g	Sprint Nextel Corp		7.000		03/01/20		3,484,375
	16,375,000		Sprint Nextel Corp		6.000		11/15/22		15,965,625
	10,638,000		Starz LLC		5.000		09/15/19		10,877,355
	2,850,000		Telecom Italia Capital S.A.		7.175		06/18/19		3,199,125
	2,850,000		Telecom Italia Capital S.A.		6.375		11/15/33		2,579,250
	2,850,000		Telecom Italia Capital S.A.		6.000		09/30/34		2,468,813
	4,750,000		Telecom Italia Capital S.A.		7.721		06/04/38		4,750,000
	2,850,000	g	T-Mobile USA, Inc		5.250		09/01/18		2,999,625
	12,350,000		T-Mobile USA, Inc		6.542		04/28/20		13,121,875
	4,750,000		T-Mobile USA, Inc		6.633		04/28/21		4,999,375
	4,750,000		T-Mobile USA, Inc		6.125		01/15/22		4,833,125
	6,100,000		T-Mobile USA, Inc		6.731		04/28/22		6,359,250
	525,000		T-Mobile USA, Inc		6.836		04/28/23		544,687
	3,175,000		T-Mobile USA, Inc		6.500		01/15/24		3,214,688
	2,750,000	g	Wind Acquisition Finance S.A.		11.750		07/15/17		2,925,313
	13,786,000	g	Wind Acquisition Finance S.A.		7.250		02/15/18		14,509,765
	2,500,000		Windstream Corp		7.875		11/01/17		2,856,250
	2,105,000		Windstream Corp		8.125		09/01/18		2,262,875
	14,250,000		Windstream Corp		7.750		10/01/21		15,105,000
	2,000,000		Windstream Corp		7.500		04/01/23		2,010,000
	8,575,000		Windstream Corp		6.375		08/01/23		8,017,625
			TOTAL TELECOMMUNICATION SERVICES						306,045,449
TRANSPORTATION - 2.4%
	4,000,000	g	Bombardier, Inc		7.500		03/15/18		4,550,000
	6,000,000	g	Bombardier, Inc		7.750		03/15/20		6,810,000
	7,825,000	g	Bombardier, Inc		6.125		01/15/23		7,766,312
	2,525,000		Bristow Group, Inc		6.250		10/15/22		2,665,642
	13,170,000		Gulfmark Offshore, Inc		6.375		03/15/22		13,268,775
	8,700,000		Hertz Corp		6.750		04/15/19		9,374,250
	5,650,000		Hertz Corp		5.875		10/15/20		5,854,813
	2,000,000		Hertz Corp		7.375		01/15/21		2,195,000
	8,750,000	g	Meccanica Holdings USA, Inc		6.250		07/15/19		9,073,505
	1,800,000	g	Meccanica Holdings USA, Inc		7.375		07/15/39		1,688,467
			TOTAL TRANSPORTATION						63,246,764
UTILITIES - 4.2%
	5,600,000		AES Corp		8.000		10/15/17		6,580,000
	11,145,000		AES Corp		7.375		07/01/21		12,565,987
	4,797,000	g	Calpine Corp		7.500		02/15/21		5,234,726
	11,821,000	g	Calpine Corp		7.875		01/15/23		12,914,443
	5,435,000		El Paso Corp		7.750		01/15/32		5,516,818
	3,000,000		NRG Energy, Inc		7.625		05/15/19		3,172,500
	3,000,000		NRG Energy, Inc		8.250		09/01/20		3,322,500
	11,320,000		NRG Energy, Inc		7.875		05/15/21		12,536,900
	6,750,000		NRG Energy, Inc		6.625		03/15/23		6,800,625
	1,765,000		QEP Resources, Inc		5.375		10/01/22		1,698,812
	7,335,000		Questar Market Resources, Inc		6.875		03/01/21		7,866,787
	8,335,000	g	Sabine Pass Liquefaction LLC		5.625		02/01/21		8,147,463

163

TIAA-CREF FUNDS - High-Yield Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,750,000	g	Sabine Pass Liquefaction LLC		5.625	%	04/15/23	$	4,441,250
	7,570,000		Sabine Pass LNG LP		7.500		11/30/16		8,554,100
	7,445,000		Sabine Pass LNG LP		6.500		11/01/20		7,724,188
	1,055,000		Suburban Propane Partners LP		7.500		10/01/18		1,131,488
	1,397,000		Suburban Propane Partners LP		7.375		08/01/21		1,522,730
			TOTAL UTILITIES						109,731,317
			TOTAL CORPORATE BONDS						2,199,214,304
			(Cost $2,140,853,134)
			TOTAL BONDS						2,199,214,304
			(Cost $2,140,853,134)
SHARES			COMPANY
PREFERRED STOCKS - 0.2%
BANKS - 0.2%
	180,000		Regions Financial Corp		6.375		12/30/49		3,987,000
			TOTAL BANKS						3,987,000
			TOTAL PREFERRED STOCKS						3,987,000
			(Cost $4,500,000)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 1.9%
GOVERNMENT AGENCY DEBT - 0.6%
$	15,000,000		Federal Home Loan Mortgage Corp (FHLMC)		0.030		01/23/14		14,999,725
			TOTAL GOVERNMENT AGENCY DEBT						14,999,725
TREASURY DEBT - 1.3%
	33,500,000		United States Treasury Bill		0.053		03/13/14		33,497,387
			TOTAL TREASURY DEBT						33,497,387
			TOTAL SHORT-TERM INVESTMENTS						48,497,112
			(Cost $48,496,223)
			TOTAL INVESTMENTS - 99.0%						2,593,444,099
			(Cost $2,533,302,823)
			OTHER ASSETS & LIABILITIES, NET - 1.0%						26,558,513
			NET ASSETS - 100.0%					$	2,620,002,612

g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $749,998,404 or 28.6% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	Floating or variable rate security. Coupon rate reflects the rate at period end.
o	Payment in Kind Bond.

164

TIAA-CREF FUNDS - Inflation-Linked Bond Fund

TIAA-CREF FUNDS

INFLATION-LINKED BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
GOVERNMENT BONDS -  97.8%
U.S. TREASURY SECURITIES - 97.8%
$	25,474,657	k	United States Treasury Inflation Indexed Bonds		2.000	%	07/15/14	$	26,035,889
	54,522,139	k	United States Treasury Inflation Indexed Bonds		1.625		01/15/15		56,166,309
	58,944,319	k	United States Treasury Inflation Indexed Bonds		0.500		04/15/15		60,238,324
	42,469,541	k	United States Treasury Inflation Indexed Bonds		1.875		07/15/15		44,762,216
	44,164,929	k	United States Treasury Inflation Indexed Bonds		2.000		01/15/16		47,066,697
	89,829,528	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/16		92,236,690
	42,032,133	k	United States Treasury Inflation Indexed Bonds		2.500		07/15/16		46,117,152
	38,600,504	k	United States Treasury Inflation Indexed Bonds		2.375		01/15/17		42,478,658
	98,451,286	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/17		101,189,413
	30,943,519	k	United States Treasury Inflation Indexed Bonds		2.625		07/15/17		34,806,631
	32,965,068	k	United States Treasury Inflation Indexed Bonds		1.625		01/15/18		35,826,336
	26,775,865	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/18		27,309,294
	31,763,870	k	United States Treasury Inflation Indexed Bonds		1.375		07/15/18		34,426,572
	30,892,244	k	United States Treasury Inflation Indexed Bonds		2.125		01/15/19		34,497,956
	34,907,124	k	United States Treasury Inflation Indexed Bonds		1.875		07/15/19		38,787,819
	41,312,362	k	United States Treasury Inflation Indexed Bonds		1.375		01/15/20		44,362,372
	63,822,911	k	United States Treasury Inflation Indexed Bonds		1.250		07/15/20		68,280,559
	70,556,005	k	United States Treasury Inflation Indexed Bonds		1.125		01/15/21		74,155,490
	69,361,632	k	United States Treasury Inflation Indexed Bonds		0.625		07/15/21		70,407,466
	73,280,833	k	United States Treasury Inflation Indexed Bonds		0.125		01/15/22		70,429,769
	101,567,000	k	United States Treasury Inflation Indexed Bonds		0.125		07/15/22		97,290,115
	66,784,740	k	United States Treasury Inflation Indexed Bonds		0.125		01/15/23		63,075,048
	35,127,400	k	United States Treasury Inflation Indexed Bonds		0.375		07/15/23		33,878,726
	59,915,441	k	United States Treasury Inflation Indexed Bonds		2.375		01/15/25		68,869,984
	40,076,760	k	United States Treasury Inflation Indexed Bonds		2.000		01/15/26		44,366,216
	32,438,586	k	United States Treasury Inflation Indexed Bonds		2.375		01/15/27		37,365,196
	34,590,577	k	United States Treasury Inflation Indexed Bonds		1.750		01/15/28		37,033,537
	36,194,421	k	United States Treasury Inflation Indexed Bonds		3.625		04/15/28		47,878,415
	35,018,535	k	United States Treasury Inflation Indexed Bonds		2.500		01/15/29		41,152,242
	35,502,201	k	United States Treasury Inflation Indexed Bonds		3.875		04/15/29		48,654,666
	12,802,002	k	United States Treasury Inflation Indexed Bonds		3.375		04/15/32		17,031,668
	19,994,712	k	United States Treasury Inflation Indexed Bonds		2.125		02/15/40		22,465,938
	26,415,244	k	United States Treasury Inflation Indexed Bonds		2.125		02/15/41		29,680,009
	44,137,282	k	United States Treasury Inflation Indexed Bonds		0.750		02/15/42		35,482,226
	38,604,200	k	United States Treasury Inflation Indexed Bonds		0.625		02/15/43		29,683,001
	28,000,000		United States Treasury Note		2.750		11/15/23		27,391,868
			TOTAL U.S. TREASURY SECURITIES						1,730,880,467
			TOTAL GOVERNMENT BONDS						1,730,880,467
			(Cost $1,714,344,960)

165

TIAA-CREF FUNDS - Inflation-Linked Bond Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE		VALUE
SHORT-TERM INVESTMENTS - 0.3%
GOVERNMENT AGENCY DEBT - 0.3%
$	5,000,000	Federal Home Loan Mortgage Corp (FHLMC)		0.030	%	01/23/14	$	4,999,908
		TOTAL GOVERNMENT AGENCY DEBT						4,999,908
		TOTAL SHORT-TERM INVESTMENTS						4,999,908
		(Cost $4,999,908)
		TOTAL INVESTMENTS - 98.1%						1,735,880,375
		(Cost $1,719,344,868)
		OTHER ASSETS & LIABILITIES, NET - 1.9%						33,061,991
		NET ASSETS - 100.0%					$	1,768,942,366
	k	Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

166

TIAA-CREF FUNDS - Short-Term Bond Fund

TIAA-CREF FUNDS
SHORT-TERM BOND FUND
SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 0.9%
CAPITAL GOODS - 0.1%
$	995,000	i	Apex Tool Group LLC		4.500	%	01/31/20	$	998,483
	485,100	i	TransDigm, Inc		3.750		02/28/20		485,983
			TOTAL CAPITAL GOODS						1,484,466
CONSUMER DURABLES & APPAREL - 0.0%
	319,935	i	PVH Corp		3.250		02/13/20		321,483
			TOTAL CONSUMER DURABLES & APPAREL						321,483
CONSUMER SERVICES - 0.1%
	900,000	i	ARAMARK Corp		4.000		09/07/19		905,247
			TOTAL CONSUMER SERVICES						905,247
DIVERSIFIED FINANCIALS - 0.2%
	2,048,659	i	TransUnion LLC		4.250		02/10/19		2,058,390
			TOTAL DIVERSIFIED FINANCIALS						2,058,390
FOOD, BEVERAGE & TOBACCO - 0.3%
	1,859,592	i	Del Monte Foods Co		4.000		03/08/18		1,863,888
	1,691,500	i	HJ Heinz Co		3.250		06/07/19		1,700,431
			TOTAL FOOD, BEVERAGE & TOBACCO						3,564,319
MEDIA - 0.2%
	297,750	i	Univision Communications, Inc		4.000		03/01/20		298,866
	2,000,000	i	Virgin Media Investment Holdings Ltd		3.500		06/08/20		2,003,000
			TOTAL MEDIA						2,301,866
			TOTAL BANK LOAN OBLIGATIONS						10,635,771
			(Cost $10,584,390)
BONDS - 88.7%
CORPORATE BONDS - 36.6%
BANKS - 10.5%
	7,000,000	g	Australia & New Zealand Banking Group Ltd		2.400		11/23/16		7,247,800
	500,000	g,i	Banco Bradesco S.A.		2.339		05/16/14		500,465
	500,000	g	Banco de Credito del Peru		4.750		03/16/16		525,000
	500,000		Banco de Oro Unibank, Inc		3.875		04/22/16		508,750
	5,825,000	g	Banco del Estado de Chile		2.000		11/09/17		5,721,571
	1,200,000		Banco do Brasil S.A.		3.875		01/23/17		1,227,000
	788,000	g	Bank Nederlandse Gemeenten		1.375		09/27/17		783,351
	7,000,000	g	Bank Nederlandse Gemeenten		1.375		03/19/18		6,875,400
	250,000	g	Bank of Nova Scotia		1.650		10/29/15		254,900

167

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,800,000	g	Bank of Nova Scotia		2.150	%	08/03/16	$	4,943,582
	1,000,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd		2.250		02/24/14		1,002,193
	1,000,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd		2.350		02/23/17		1,014,981
	1,000,000		BB&T Corp		3.200		03/15/16		1,045,707
	1,000,000		BB&T Corp		1.450		01/12/18		973,670
	325,000		BB&T Corp		2.050		06/19/18		321,762
	500,000		BDO Unibank, Inc		4.500		02/16/17		518,750
	2,800,000	g	Caixa Economica Federal		2.375		11/06/17		2,600,500
	1,000,000	g	Caixa Economica Federal		4.500		10/03/18		993,500
	2,400,000		Capital One Financial Corp		1.000		11/06/15		2,398,954
	6,750,000		Citigroup, Inc		1.300		11/15/16		6,726,449
	4,000,000		Citigroup, Inc		2.500		09/26/18		4,020,188
	625,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		1.700		03/19/18		617,263
	1,000,000		First Horizon National Corp		5.375		12/15/15		1,074,911
	525,000	g	HSBC Bank plc		1.500		05/15/18		512,647
	900,000		HSBC USA, Inc		2.375		02/13/15		918,330
	2,500,000		HSBC USA, Inc		1.625		01/16/18		2,465,142
	5,000,000		Huntington National Bank		1.300		11/20/16		5,000,755
	1,550,000	g	Hutchison Whampoa International 12 II Ltd		2.000		11/08/17		1,529,793
	2,500,000	g	National Australia Bank Ltd		2.000		06/20/17		2,546,500
	9,000,000	g	Skandinaviska Enskilda Banken AB		1.375		05/29/18		8,761,500
	5,000,000	g	SpareBank Boligkreditt AS.		1.250		05/02/18		4,838,000
	4,280,000	g	State Bank of India		4.125		08/01/17		4,328,236
	1,300,000	g	State Bank of India		3.250		04/18/18		1,258,465
	12,000,000	g	Toronto-Dominion Bank		2.200		07/29/15		12,318,000
	2,200,000	g	Toronto-Dominion Bank		1.625		09/14/16		2,238,940
	500,000	g	Turkiye Is Bankasi		3.875		11/07/17		480,600
	500,000		Union Bank NA		2.125		06/16/17		502,304
	1,000,000		US Bancorp		3.125		04/01/15		1,031,964
	500,000		US Bancorp		1.650		05/15/17		501,051
	2,000,000		Wells Fargo & Co		1.500		07/01/15		2,028,124
	3,500,000		Wells Fargo & Co		2.100		05/08/17		3,565,272
	4,000,000		Wells Fargo & Co		1.500		01/16/18		3,974,160
	2,725,000		Wells Fargo & Co		2.150		01/15/19		2,716,465
	1,000,000		Westpac Banking Corp		3.000		08/04/15		1,038,897
	6,000,000	g	Westpac Banking Corp		2.450		11/28/16		6,223,800
	2,700,000	g	Westpac Banking Corp		1.250		12/15/17		2,656,260
	5,000,000	g	Westpac Banking Corp		1.850		11/26/18		4,910,500
			TOTAL BANKS						128,242,352
CAPITAL GOODS - 0.6%
	475,000		Caterpillar, Inc		1.500		06/26/17		472,698
	775,000		Eaton Corp		1.500		11/02/17		759,757
	2,000,000		John Deere Capital Corp		1.050		10/11/16		2,005,754
	925,000		Pentair Finance S.A.		1.350		12/01/15		930,693
	1,000,000	g	Schaeffler Finance BV		8.500		02/15/19		1,125,000
	1,000,000	g	Sealed Air Corp		8.375		09/15/21		1,135,000
	500,000		United Technologies Corp		1.800		06/01/17		507,707
			TOTAL CAPITAL GOODS						6,936,609
COMMERCIAL & PROFESSIONAL SERVICES - 0.1%
	1,000,000		Waste Management, Inc		2.600		09/01/16		1,032,171
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						1,032,171

168

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
CONSUMER DURABLES & APPAREL - 0.1%
$	500,000		Hanesbrands, Inc		6.375	%	12/15/20	$	546,250
	1,000,000		Phillips-Van Heusen Corp		7.375		05/15/20		1,101,250
			TOTAL CONSUMER DURABLES & APPAREL						1,647,500
CONSUMER SERVICES - 0.3%
	1,000,000		DineEquity, Inc		9.500		10/30/18		1,110,000
	200,000	g	GLP Capital LP		4.375		11/01/18		204,500
	1,000,000	g	SABMiller Holdings, Inc		2.450		01/15/17		1,023,986
	1,000,000		Walt Disney Co		0.450		12/01/15		998,977
			TOTAL CONSUMER SERVICES						3,337,463
DIVERSIFIED FINANCIALS - 8.2%
	2,000,000	g	Abbey National Treasury Services plc		3.875		11/10/14		2,054,612
	550,000		American Express Centurion Bank		0.875		11/13/15		551,229
	500,000		American Express Centurion Bank		6.000		09/13/17		573,635
	1,150,000		American Express Credit Corp		1.750		06/12/15		1,168,558
	1,000,000		American Express Credit Corp		1.300		07/29/16		1,007,738
	1,000,000		American Express Credit Corp		2.800		09/19/16		1,044,880
	2,675,000		Bank of America Corp		3.750		07/12/16		2,843,838
	9,350,000		Bank of America Corp		2.000		01/11/18		9,333,413
	1,000,000		Bank of New York Mellon Corp		1.200		02/20/15		1,007,681
	150,000	i	Bank of New York Mellon Corp		1.969		06/20/17		151,626
	500,000		BlackRock, Inc		3.500		12/10/14		514,611
	825,000		BlackRock, Inc		1.375		06/01/15		835,326
	8,000,000	g	Caisse Centrale Desjardins du Quebec		1.600		03/06/17		8,100,000
	3,250,000		Capital One Financial Corp		2.125		07/15/14		3,275,759
	1,000,000		Citigroup, Inc		2.250		08/07/15		1,020,778
	4,565,000		Citigroup, Inc		5.000		09/15/14		4,695,034
	456,000		Citigroup, Inc		5.500		10/15/14		472,939
	759,000		Citigroup, Inc		5.500		02/15/17		836,293
	2,000,000	g	Credit Suisse AG.		1.625		03/06/15		2,025,000
	1,675,000		Ford Motor Credit Co LLC		4.250		02/03/17		1,801,911
	3,250,000		Ford Motor Credit Co LLC		3.000		06/12/17		3,377,783
	825,000		Ford Motor Credit Co LLC		6.625		08/15/17		955,707
	500,000		General Electric Capital Corp		3.750		11/14/14		514,960
	3,000,000		General Electric Capital Corp		1.625		07/02/15		3,048,753
	2,000,000		General Electric Capital Corp		2.300		04/27/17		2,055,746
	500,000	g	General Motors Financial Co, Inc		2.750		05/15/16		506,250
	1,375,000		Goldman Sachs Group, Inc		3.300		05/03/15		1,416,700
	7,025,000		Goldman Sachs Group, Inc		2.375		01/22/18		7,051,702
	160,000	g	Hyundai Capital America, Inc		3.750		04/06/16		167,581
	200,000	g	Hyundai Capital Services, Inc		4.375		07/27/16		212,784
	1,000,000	g	Hyundai Capital Services, Inc		3.500		09/13/17		1,033,763
	150,000	g	International Lease Finance Corp		6.500		09/01/14		155,062
	200,000		International Lease Finance Corp		5.750		05/15/16		214,250
	200,000		International Lease Finance Corp		3.875		04/15/18		200,500
	1,000,000		Jefferies Group, Inc		3.875		11/09/15		1,043,312
	1,000,000		John Deere Capital Corp		2.000		01/13/17		1,016,945
	1,000,000		John Deere Capital Corp		1.400		03/15/17		997,312

169

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	10,000,000		JPMorgan Chase & Co		0.800	%	04/23/15	$	10,002,080
	5,000,000		Kreditanstalt Fuer Wiederaufbau		4.375		03/15/18		5,561,450
	1,800,000		Morgan Stanley		1.750		02/25/16		1,824,165
	5,000,000		Morgan Stanley		2.125		04/25/18		4,956,875
	1,000,000		National Rural Utilities Cooperative Finance Corp		1.000		02/02/15		1,005,880
	3,275,000	g	Perrigo Co Ltd		1.300		11/08/16		3,263,649
	500,000	g	PTTEP Australia International Finance Pty Ltd		4.152		07/19/15		517,297
	225,000		State Street Corp		4.300		05/30/14		228,614
	1,675,000		State Street Corp		1.350		05/15/18		1,621,050
	500,000		Sumitomo Mitsui Banking Corp		2.500		07/19/18		502,221
	1,000,000		Toyota Motor Credit Corp		1.000		02/17/15		1,006,772
	500,000		Toyota Motor Credit Corp		2.050		01/12/17		510,996
	750,000	g	Turkiye Vakiflar Bankasi Tao		3.750		04/15/18		702,375
	1,000,000		Unilever Capital Corp		2.750		02/10/16		1,040,267
	750,000		Unilever Capital Corp		2.200		03/06/19		749,037
			TOTAL DIVERSIFIED FINANCIALS						100,776,699
ENERGY - 3.0%
	250,000		Apache Corp		1.750		04/15/17		250,506
	2,000,000		Ashland, Inc		3.000		03/15/16		2,040,000
	1,600,000		BP Capital Markets plc		1.375		05/10/18		1,552,878
	2,000,000		Chevron Corp		1.104		12/05/17		1,955,986
	350,000		ConocoPhillips		4.600		01/15/15		364,831
	500,000		Devon Energy Corp		5.625		01/15/14		500,863
	625,000		Devon Energy Corp		1.875		05/15/17		629,553
	2,450,000		Ecopetrol S.A.		4.250		09/18/18		2,584,750
	390,000	g	Empresa Nacional del Petroleo		4.875		03/15/14		392,224
	1,150,000		EOG Resources, Inc		2.950		06/01/15		1,190,329
	5,350,000	g	Gazprom OAO Via Gaz Capital S.A.		4.950		05/23/16		5,679,025
	350,000		Marathon Petroleum Corp		3.500		03/01/16		365,477
	2,000,000		Newfield Exploration Co		6.875		02/01/20		2,142,500
	375,000		Noble Holding International Ltd		3.450		08/01/15		388,841
	1,550,000		Noble Holding International Ltd		2.500		03/15/17		1,554,904
	500,000	g	Novatek Finance Ltd		5.326		02/03/16		530,625
	500,000		Occidental Petroleum Corp		2.500		02/01/16		518,168
	1,850,000	i	Petrobras Global Finance BV		1.857		05/20/16		1,845,375
	975,000		Petrobras International Finance Co		3.875		01/27/16		1,003,725
	925,000		Petrobras International Finance Co		3.500		02/06/17		933,465
	500,000		Petroleos Mexicanos		4.875		03/15/15		523,500
	625,000		Petroleos Mexicanos		3.500		07/18/18		641,406
	400,000		Phillips 66		1.950		03/05/15		405,572
	1,000,000	g	PTT Exploration & Production PCL		3.707		09/16/18		1,015,546
	509,000		Range Resources Corp		6.750		08/01/20		550,993
	2,400,000	g	Rosneft Oil Co via Rosneft International Finance Ltd		3.149		03/06/17		2,430,000
	100,000		Statoil ASA		2.900		10/15/14		102,014
	750,000		Statoil ASA		1.200		01/17/18		732,082
	1,000,000		Total Capital Canada Ltd		1.625		01/28/14		1,000,865
	500,000		Total Capital Canada Ltd		1.450		01/15/18		494,305
	750,000		Total Capital International S.A.		1.500		02/17/17		751,370
	1,000,000		Vale Overseas Ltd		6.250		01/23/17		1,109,137
	475,000		Valero Energy Corp		4.500		02/01/15		493,853
			TOTAL ENERGY						36,674,668

170

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
FOOD & STAPLES RETAILING - 0.1%
$	1,075,000		CVS Caremark Corp		3.250	%	05/18/15	$	1,111,180
			TOTAL FOOD & STAPLES RETAILING						1,111,180
FOOD, BEVERAGE & TOBACCO - 1.1%
	700,000		Anheuser-Busch InBev Worldwide, Inc		4.125		01/15/15		726,314
	500,000		Anheuser-Busch InBev Worldwide, Inc		2.875		02/15/16		520,500
	2,075,000		Anheuser-Busch InBev Worldwide, Inc		1.375		07/15/17		2,070,642
	2,000,000		Coca-Cola Co		0.750		03/13/15		2,006,330
	600,000		Coca-Cola Co		1.800		09/01/16		614,413
	225,000		ConAgra Foods, Inc		1.300		01/25/16		225,390
	2,000,000		Constellation Brands, Inc		8.375		12/15/14		2,130,000
	135,000		General Mills, Inc		5.200		03/17/15		142,340
	1,650,000		General Mills, Inc		0.875		01/29/16		1,645,289
	1,000,000	g	Pernod-Ricard S.A.		2.950		01/15/17		1,032,714
	2,000,000		TreeHouse Foods, Inc		7.750		03/01/18		2,095,000
			TOTAL FOOD, BEVERAGE & TOBACCO						13,208,932
HEALTH CARE EQUIPMENT & SERVICES - 0.8%
	1,000,000		Baxter International, Inc		0.950		06/01/16		999,892
	200,000		Becton Dickinson & Co		1.750		11/08/16		203,721
	500,000		Covidien International Finance S.A.		1.350		05/29/15		503,668
	500,000		Edwards Lifesciences Corp		2.875		10/15/18		497,082
	600,000		Express Scripts Holding Co		2.100		02/12/15		608,696
	1,000,000	g	Fresenius US Finance II, Inc		9.000		07/15/15		1,105,000
	1,000,000		HCA, Inc		7.875		02/15/20		1,073,750
	350,000	g	Mallinckrodt International Finance S.A.		3.500		04/15/18		343,346
	1,000,000		Medco Health Solutions, Inc		2.750		09/15/15		1,032,272
	1,000,000		Thermo Fisher Scientific, Inc		2.050		02/21/14		1,001,638
	245,000		Thermo Fisher Scientific, Inc		3.200		05/01/15		252,967
	2,250,000		Thermo Fisher Scientific, Inc		1.300		02/01/17		2,240,224
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						9,862,256
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
	1,000,000		Ecolab, Inc		3.000		12/08/16		1,047,705
	375,000		Ecolab, Inc		1.450		12/08/17		366,458
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						1,414,163
INSURANCE - 1.1%
	750,000		Aetna, Inc		1.500		11/15/17		738,969
	2,575,000		Berkshire Hathaway Finance Corp		1.300		05/15/18		2,516,249
	675,000		Hartford Financial Services Group, Inc		4.000		10/15/17		717,944
	2,000,000		MetLife, Inc		2.375		02/06/14		2,003,620
	400,000		Principal Financial Group, Inc		1.850		11/15/17		396,382
	1,000,000		Prudential Financial, Inc		3.875		01/14/15		1,033,765
	1,000,000		Prudential Financial, Inc		6.000		12/01/17		1,149,900
	200,000		Prudential Financial, Inc		2.300		08/15/18		198,815
	550,000		UnitedHealth Group, Inc		0.850		10/15/15		552,202
	2,425,000		UnitedHealth Group, Inc		1.400		10/15/17		2,394,382
	1,500,000		Willis Group Holdings plc		4.125		03/15/16		1,570,401
			TOTAL INSURANCE						13,272,629

171

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
MATERIALS - 1.1%
$	40,000		Airgas, Inc		4.500	%	09/15/14	$	41,035
	675,000		ArcelorMittal		4.250		08/05/15		698,625
	250,000		ArcelorMittal		5.000		02/25/17		268,125
	1,000,000		Bemis Co, Inc		5.650		08/01/14		1,027,931
	300,000		Corning, Inc		1.450		11/15/17		295,693
	2,000,000		Crown Americas LLC		6.250		02/01/21		2,170,000
	1,000,000		E.I. du Pont de Nemours & Co		3.250		01/15/15		1,028,687
	1,324,000		Graphic Packaging International, Inc		7.875		10/01/18		1,436,540
	2,000,000		International Paper Co		5.300		04/01/15		2,106,478
	500,000		Rio Tinto Finance USA Ltd		2.250		09/20/16		514,590
	1,750,000		Sherwin-Williams Co		1.350		12/15/17		1,703,994
	1,000,000	g	Sociedad Quimica y Minera de Chile S.A.		6.125		04/15/16		1,069,647
	1,000,000		Teck Resources Ltd		2.500		02/01/18		1,006,038
			TOTAL MATERIALS						13,367,383
MEDIA - 1.2%
	2,000,000		DIRECTV Holdings LLC		2.400		03/15/17		2,036,118
	525,000		DISH DBS Corp		4.250		04/01/18		535,500
	1,000,000		Echostar DBS Corp		6.625		10/01/14		1,040,000
	2,000,000		Interpublic Group of Cos, Inc		6.250		11/15/14		2,082,500
	1,000,000		Lamar Media Corp		7.875		04/15/18		1,056,250
	625,000	g	NBC Universal Enterprise, Inc		1.662		04/15/18		610,414
	1,000,000		NBC Universal Media LLC		3.650		04/30/15		1,039,999
	2,000,000		TCI Communications, Inc		8.750		08/01/15		2,249,322
	1,000,000		Time Warner Cable, Inc		7.500		04/01/14		1,016,602
	250,000		Time Warner, Inc		3.150		07/15/15		258,998
	1,000,000		Viacom, Inc		1.250		02/27/15		1,004,980
	1,000,000		Viacom, Inc		3.500		04/01/17		1,057,018
			TOTAL MEDIA						13,987,701
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.2%
	1,500,000		AbbVie, Inc		1.200		11/06/15		1,515,246
	1,200,000		AbbVie, Inc		1.750		11/06/17		1,197,944
	600,000		Johnson & Johnson		2.150		05/15/16		620,175
	120,000		Life Technologies Corp		3.500		01/15/16		124,998
	1,000,000		Merck & Co, Inc		2.250		01/15/16		1,032,997
	4,181,000		Mylan, Inc		1.350		11/29/16		4,173,336
	3,000,000	g	Mylan, Inc		7.875		07/15/20		3,394,626
	1,000,000		NBTY, Inc		9.000		10/01/18		1,096,250
	600,000	g	Valeant Pharmaceuticals International, Inc		6.375		10/15/20		632,250
	500,000		Watson Pharmaceuticals, Inc		1.875		10/01/17		494,786
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						14,282,608
REAL ESTATE - 0.3%
	1,560,000		Camden Property Trust		5.000		06/15/15		1,648,809
	1,000,000	g	Simon Property Group LP		1.500		02/01/18		971,457
	100,000		Ventas Realty LP		3.125		11/30/15		103,999
	525,000		Ventas Realty LP		2.000		02/15/18		516,078
			TOTAL REAL ESTATE						3,240,343

172

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
RETAILING - 0.9%
$	2,750,000		Home Depot, Inc		2.250	%	09/10/18	$	2,787,821
	2,000,000		Limited Brands, Inc		5.250		11/01/14		2,062,500
	2,212,000		Macy’s Retail Holdings, Inc		5.750		07/15/14		2,271,188
	1,000,000	g	QVC, Inc		7.500		10/01/19		1,077,847
	2,300,000		Target Corp		1.125		07/18/14		2,309,214
	1,000,000		Wal-Mart Stores, Inc		3.000		02/03/14		1,002,210
			TOTAL RETAILING						11,510,780
SOFTWARE & SERVICES - 0.4%
	2,500,000		International Business Machines Corp		0.750		05/11/15		2,511,007
	1,075,000		International Business Machines Corp		1.250		02/06/17		1,072,202
	1,050,000		Oracle Corp		1.200		10/15/17		1,033,261
	150,000		SunGard Data Systems, Inc		4.875		01/15/14		150,000
			TOTAL SOFTWARE & SERVICES						4,766,470
TECHNOLOGY HARDWARE & EQUIPMENT - 0.8%
	250,000		Amphenol Corp		4.750		11/15/14		258,324
	250,000		CC Holdings GS V LLC		2.381		12/15/17		247,620
	3,000,000		General Electric Co		0.850		10/09/15		3,014,010
	1,000,000		Jabil Circuit, Inc		7.750		07/15/16		1,137,500
	1,000,000		L-3 Communications Corp		3.950		11/15/16		1,061,104
	725,000	g	NXP BV		3.750		06/01/18		730,438
	198,000		Seagate Technology HDD Holdings		6.800		10/01/16		223,740
	1,000,000		Tyco Electronics Group S.A.		1.600		02/03/15		1,009,840
	475,000		Tyco Electronics Group S.A.		2.375		12/17/18		468,392
	1,000,000		Xerox Corp		2.950		03/15/17		1,026,589
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						9,177,557
TELECOMMUNICATION SERVICES - 1.6%
	1,000,000		America Movil SAB de C.V.		2.375		09/08/16		1,029,170
	1,000,000		American Tower Corp		3.400		02/15/19		1,018,054
	1,000,000		AT&T, Inc		2.500		08/15/15		1,026,696
	1,330,000		AT&T, Inc		1.400		12/01/17		1,311,174
	1,825,000		British Telecommunications plc		1.625		06/28/16		1,841,082
	1,000,000		France Telecom S.A.		2.125		09/16/15		1,019,217
	1,000,000	g	Sprint Nextel Corp		9.000		11/15/18		1,205,000
	553,000		Telecom Italia Capital S.A.		6.175		06/18/14		565,442
	1,000,000		Telefonica Emisiones SAU		3.992		02/16/16		1,050,398
	800,000		Telefonica Emisiones SAU		3.192		04/27/18		814,734
	3,000,000		Verizon Communications, Inc		0.700		11/02/15		2,991,630
	5,675,000		Verizon Communications, Inc		3.650		09/14/18		6,007,351
			TOTAL TELECOMMUNICATION SERVICES						19,879,948
TRANSPORTATION - 0.4%
	350,000	g	Asciano Finance Ltd		3.125		09/23/15		357,921
	3,000,000	g	ERAC USA Finance LLC		1.400		04/15/16		3,002,370
	400,000		Hertz Corp		4.250		04/01/18		410,000
	375,000		Northrop Grumman Corp		1.750		06/01/18		365,835

173

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	890,000	g	Transnet Ltd		4.500	%	02/10/16	$	929,945
			TOTAL TRANSPORTATION						5,066,071
UTILITIES - 2.7%
	750,000	g	Abu Dhabi National Energy Co		4.125		03/13/17		795,937
	180,000		Alliant Energy Corp		4.000		10/15/14		184,720
	2,150,000		American Electric Power Co, Inc		1.650		12/15/17		2,106,598
	1,000,000		Commonwealth Edison Co		4.700		04/15/15		1,050,293
	2,000,000		Commonwealth Edison Co		1.950		09/01/16		2,042,624
	1,000,000		Dominion Resources, Inc		1.800		03/15/14		1,002,832
	2,000,000		Dominion Resources, Inc		1.400		09/15/17		1,963,986
	1,000,000		Duke Energy Corp		2.100		06/15/18		994,259
	1,900,000		FPL Group Capital, Inc		2.600		09/01/15		1,950,458
	550,000	g	Israel Electric Corp Ltd		6.700		02/10/17		597,850
	1,000,000	g	Israel Electric Corp Ltd		5.625		06/21/18		1,057,750
	200,000	g	Korea Hydro & Nuclear Power Co Ltd		3.125		09/16/15		206,009
	1,500,000	g	Korea Hydro & Nuclear Power Co Ltd		2.875		10/02/18		1,491,319
	5,000,000	g	MidAmerican Energy Holdings Co		1.100		05/15/17		4,972,955
	1,500,000		Northeast Utilities		1.450		05/01/18		1,452,812
	2,950,000		ONEOK Partners LP		2.000		10/01/17		2,935,583
	500,000		Pepco Holdings, Inc		2.700		10/01/15		512,696
	500,000		PG&E Corp		5.750		04/01/14		506,171
	2,000,000		Sempra Energy		2.300		04/01/17		2,025,906
	450,000		Williams Partners LP		3.800		02/15/15		464,904
	5,000,000		Xcel Energy, Inc		0.750		05/09/16		4,957,835
			TOTAL UTILITIES						33,273,497
			TOTAL CORPORATE BONDS						446,068,980
			(Cost $442,891,611)
GOVERNMENT BONDS - 30.2%
AGENCY SECURITIES - 1.5%
	5,000,000		Federal Home Loan Bank (FHLB)		0.625		12/28/16		4,979,040
	1,000,000		Federal National Mortgage Association (FNMA)		2.500		05/15/14		1,008,750
	6,285,004	g	Hospital for Special Surgery		3.500		01/01/23		6,497,858
	6,000,000		Private Export Funding Corp (PEFCO)		1.375		02/15/17		6,056,226
			TOTAL AGENCY SECURITIES						18,541,874
FOREIGN GOVERNMENT BONDS - 6.4%
	1,950,000	g	Croatia Government International Bond		6.250		04/27/17		2,076,750
	1,500,000	g	Democratic Socialist Republic of Sri Lanka		7.400		01/22/15		1,554,375
	300,000		Export-Import Bank of Korea		8.125		01/21/14		301,117
	225,000		Export-Import Bank of Korea		4.125		09/09/15		236,380
	1,750,000		Export-Import Bank of Korea		1.250		11/20/15		1,755,393
	500,000		Export-Import Bank of Korea		3.750		10/20/16		530,925
	925,000		Export-Import Bank of Korea		1.750		02/27/18		900,082
	1,250,000		Hungary Government International Bond		4.125		02/19/18		1,263,750
	2,500,000		Hydro Quebec		1.375		06/19/17		2,508,478
	1,250,000		Hydro-Quebec		7.500		04/01/16		1,427,625
	2,000,000	g	Iceland Government International Bond		4.875		06/16/16		2,075,000
	2,370,000	g	Indonesia Government International Bond		6.875		03/09/17		2,630,700

174

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	20,000,000	g,i	International Finance Facility for Immunisation		0.433	%	07/05/16	$	19,999,834
	5,000,000	g	Kommunalbanken AS.		0.875		10/03/16		4,994,910
	2,500,000		Korea Development Bank		1.000		01/22/16		2,479,138
	6,000,000		Korea Development Bank		1.500		01/22/18		5,752,998
	410,000	g	Korea Housing Finance Corp		3.500		12/15/16		431,340
	250,000	g	Korea Housing Finance Corp		1.625		09/15/18		235,704
	400,000	g	Lithuania Government International Bond		5.125		09/14/17		437,500
	400,000	g	Nigeria Government International Bond		5.125		07/12/18		410,000
	420,000		Poland Government International Bond		3.875		07/16/15		439,446
	3,000,000		Province of New Brunswick Canada		2.750		06/15/18		3,103,050
	2,000,000		Province of Nova Scotia Canada		2.375		07/21/15		2,056,180
	1,300,000		Province of Ontario Canada		2.700		06/16/15		1,342,757
	791,000	g	Qatar Government International Bond		4.000		01/20/15		817,696
	550,000		Republic of Italy		4.500		01/21/15		570,739
	500,000		Republic of Korea		5.750		04/16/14		507,178
	1,000,000	g	Republic of Serbia		4.875		02/25/20		945,500
	2,000,000		Republic of Turkey		7.500		07/14/17		2,233,000
	700,000	g	Russian Foreign Bond - Eurobond		3.625		04/29/15		722,750
	1,600,000	g	Russian Foreign Bond - Eurobond		3.250		04/04/17		1,669,600
	500,000		South Africa Government International Bond		6.500		06/02/14		511,250
	7,000,000	g	Spain Government International Bond		4.000		03/06/18		7,115,500
	3,525,000		Svensk Exportkredit AB		1.125		04/05/18		3,438,778
	516,000		United Mexican States		5.875		02/17/14		518,322
			TOTAL FOREIGN GOVERNMENT BONDS						77,993,745
MORTGAGE BACKED - 2.8%
	20,901		Federal Home Loan Mortgage Corp Gold (FGLMC)		6.000		12/01/17		22,201
	124,705		FGLMC		5.500		01/01/19		131,391
	124,053		FGLMC		5.500		01/01/19		134,340
	1,200,000		Federal National Mortgage Association (FNMA)		1.510		06/01/17		1,213,400
	1,959,896		FNMA		2.690		10/01/17		2,040,829
	4,905,429		FNMA		1.570		01/01/20		4,697,161
	984,300		FNMA		2.110		01/01/20		971,768
	4,211,658		FNMA		3.000		10/01/21		4,367,944
	10,000,000		FNMA		2.000		05/25/25		10,134,380
	634,566		FNMA		4.500		10/25/28		643,711
	2,942,340		Government National Mortgage Association (GNMA)		2.300		10/15/19		3,022,304
	288,431		GNMA		1.864		08/16/31		289,512
	2,000,000		GNMA		2.610		04/16/35		2,030,228
	307,088		GNMA		2.161		11/16/36		308,845
	1,755,018		GNMA		2.176		05/16/39		1,773,412
	2,886,572		GNMA		2.120		05/16/40		2,905,459
			TOTAL MORTGAGE BACKED						34,686,885
MUNICIPAL BONDS - 0.5%
	5,000,000		Florida Hurricane Catastrophe Fund Finance Corp		1.298		07/01/16		5,005,750
	500,000		New Jersey Health Care Facilities Financing Authority		5.000		07/01/16		516,140
			TOTAL MUNICIPAL BONDS						5,521,890
U.S. TREASURY SECURITIES - 19.0%
	29,700,000		United States Treasury Note		1.250		04/15/14		29,796,287
	3,800,000		United States Treasury Note		0.250		06/30/14		3,802,968

175

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,635,000		United States Treasury Note		2.625	%	06/30/14	$	1,655,310
	1,865,000		United States Treasury Note		2.375		10/31/14		1,899,167
	6,680,000		United States Treasury Note		0.250		11/30/14		6,685,999
	1,355,000		United States Treasury Note		0.250		01/31/15		1,356,111
	5,745,000		United States Treasury Note		0.250		02/28/15		5,748,591
	21,460,000		United States Treasury Note		0.250		05/31/15		21,470,065
	35,790,000	l	United States Treasury Note		0.500		06/15/16		35,753,637
	4,600,000		United States Treasury Note		0.625		07/15/16		4,605,750
	26,315,000		United States Treasury Note		0.625		08/15/16		26,321,158
	36,000,000		United States Treasury Note		0.875		09/15/16		36,213,768
	44,900,000		United States Treasury Note		0.625		12/15/16		44,717,616
	200		United States Treasury Note		0.750		06/30/17		198
	600		United States Treasury Note		0.875		01/31/18		588
	10,975,100		United States Treasury Note		1.250		11/30/18		10,740,167
			TOTAL U.S. TREASURY SECURITIES						230,767,380
			TOTAL GOVERNMENT BONDS						367,511,774
			(Cost $367,138,257)
STRUCTURED ASSETS - 21.9%
ASSET BACKED - 16.5%
	230,520	i	Aames Mortgage Trust		6.547		06/25/32		222,958
			Series - 2002 1 (Class A3)
	165,702	i	Accredited Mortgage Loan Trust		0.400		09/25/35		163,102
			Series - 2005 3 (Class A1)
	31,055	i	ACE Securities Corp		0.635		08/25/35		31,040
			Series - 2005 HE5 (Class M1)
	3,000,000	g	AESOP Funding II		3.270		02/20/18		3,157,161
			Series - 2011 5A (Class A)
	1,499,729		Ally Auto Receivables Trust		2.230		03/15/16		1,511,322
			Series - 2011 1 (Class A4)
	2,700,000	g	Ally Auto Receivables Trust		2.590		07/15/16		2,731,352
			Series - 2011 2 (Class B)
	3,300,000	g	Ally Auto Receivables Trust		1.900		11/15/16		3,315,649
			Series - 2011 5 (Class B)
	8,000,000	g	Ally Master Owner Trust		4.250		04/15/17		8,312,328
			Series - 2010 2 (Class A)
	2,000,000		Ally Master Owner Trust		1.000		02/15/18		1,998,390
			Series - 2013 1 (Class A2)
	1,000,000		Ally Master Owner Trust		1.720		07/15/19		1,002,320
			Series - 2012 4 (Class A)
	1,000,000		Ally Master Owner Trust		1.540		09/15/19		992,846
			Series - 2012 5 (Class A)
	5,200,000	g	American Express Credit Account Master Trust		1.290		03/15/18		5,210,473
			Series - 2012 2 (Class C)
	751,169		AmeriCredit Automobile Receivables Trust		2.040		09/08/15		752,165
			Series - 2010 3 (Class B)
	1,777,439		AmeriCredit Automobile Receivables Trust		2.330		03/08/16		1,783,022
			Series - 2011 2 (Class B)
	3,000,000		AmeriCredit Automobile Receivables Trust		2.450		12/08/16		3,045,834
			Series - 2011 5 (Class B)

176

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	4,250,000		AmeriCredit Automobile Receivables Trust		1.310	%	11/08/17	$	4,263,319
			Series - 2012 4 (Class B)
	2,525	i	Ameriquest Mortgage Securities		0.485		05/25/35		2,523
			Series - 0 R3 (Class A3D)
	55,677	g	Asset Backed Funding Corp NIM Trust		5.900		07/26/35		1
			Series - 2006 WMC1 (Class N1)
	2,000,000	g	Avis Budget Rental Car Funding AESOP LLC		3.650		11/20/14		2,033,750
			Series - 2011 2A (Class B)
	3,000,000	g	Avis Budget Rental Car Funding AESOP LLC		2.090		04/20/15		3,007,941
			Series - 2010 4A (Class A)
	401,909	i	Bear Stearns Asset Backed Securities Trust		0.905		11/25/39		394,686
			Series - 2005 SD3 (Class 2A1)
	2,000,000	g	Cabela’s Master Credit Card Trust		2.290		09/17/18		2,053,412
			Series - 2010 2A (Class A1)
	4,965,000	g	Cabela’s Master Credit Card Trust		2.390		06/17/19		5,115,752
			Series - 2011 2A (Class A1)
	2,090,000	g	Cabela’s Master Credit Card Trust		1.630		02/18/20		2,108,382
			Series - 2012 1A (Class A1)
	7,500,000		Capital Auto Receivables Asset Trust		0.970		01/22/18		7,484,985
			Series - 2013 1 (Class A4)
	3,500,000		Capital Auto Receivables Asset Trust		1.290		04/20/18		3,463,876
			Series - 2013 1 (Class B)
	1,000,000		CarMax Auto Owner Trust		2.630		11/15/16		1,022,413
			Series - 2011 1 (Class B)
	155,000		CarMax Auto Owner Trust		2.830		02/15/17		158,821
			Series - 2011 1 (Class C)
	5,870,000		CarMax Auto Owner Trust		1.730		02/15/18		5,972,238
			Series - 2012 2 (Class B)
	60,138		Centex Home Equity		5.540		01/25/32		60,045
			Series - 2002 A (Class AF6)
	452,236	i	Centex Home Equity		0.810		03/25/34		414,260
			Series - 2004 B (Class M1)
	337,182	i	Chase Funding Mortgage Loan Asset-Backed Certificates		5.700		02/25/35		252,046
			Series - 2004 2 (Class 1M2)
	6,000,000		CNH Equipment Trust		1.550		11/15/17		6,086,838
			Series - 2011 C (Class A4)
	638,558	i	Credit-Based Asset Servicing and Securitization LLC		4.831		08/25/35		645,489
			Series - 2005 CB5 (Class AF2)
	44,454	i	Credit-Based Asset Servicing and Securitization LLC		4.936		04/25/37		44,784
			Series - 2007 CB4 (Class A2A)
	250,018	i	CSMC Trust		0.475		11/25/35		247,368
			Series - 2006 CF1 (Class A1)
	5,000,000	g	DaimlerChrysler Capital Auto Receivables Trust		1.830		03/15/19		4,986,445
			Series - 2013 AA (Class B)
	8,231,468		Entergy Louisiana Investment Recovery Funding I LLC		2.040		09/01/23		8,222,817
			Series - 2011 A (Class A1)
	167,889	g,i	Flagstar Home Equity Loan Trust		5.781		01/25/35		167,872
			Series - 2007 1A (Class AF3)
	2,000,000		Ford Credit Auto Owner Trust		2.380		07/15/16		2,044,984
			Series - 2011 A (Class B)
	5,000,000		Ford Credit Auto Owner Trust		1.150		07/15/18		4,945,205
			Series - 2013 A (Class B)

177

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,000,000		Ford Credit Auto Owner Trust		1.540	%	03/15/19	$	2,979,564
			Series - 2013 D (Class B)
	2,000,000	g	Ford Credit Floorplan Master Owner Trust		2.410		02/15/16		2,011,042
			Series - 2011 1 (Class B)
	6,485,000	g	Ford Credit Floorplan Master Owner Trust		4.200		02/15/17		6,745,807
			Series - 2010 3 (Class A1)
	1,800,000		Ford Credit Floorplan Master Owner Trust		1.490		09/15/19		1,789,652
			Series - 2012 5 (Class A)
	2,435,000		GE Capital Credit Card Master Note Trust		4.470		03/15/20		2,654,204
			Series - 2010 2 (Class A)
	2,349,906	i	GSR Mortgage Loan Trust		0.355		08/25/46		2,313,114
			Series - 2006 OA1 (Class 2A1)
	1,000,000	g	Hertz Vehicle Financing LLC		4.170		03/25/16		1,023,908
			Series - 2011 1A (Class B1)
	4,230,000	g	Hertz Vehicle Financing LLC		5.290		03/25/16		4,423,336
			Series - 2009 2A (Class A2)
	2,540,000	g	Hertz Vehicle Financing LLC		3.290		03/25/18		2,670,884
			Series - 2011 1A (Class A2)
	1,000,000	g	Hertz Vehicle Financing LLC		4.960		03/25/18		1,066,673
			Series - 2011 1A (Class B2)
	314,788	i	HSI Asset Securitization Corp Trust		0.525		07/25/35		313,114
			Series - 2005 NC1 (Class 2A3)
	2,000,000		Hyundai Auto Receivables Trust		2.450		04/15/16		2,036,000
			Series - 2011 A (Class B)
	8,000,000		Hyundai Auto Receivables Trust		1.350		06/17/19		7,851,432
			Series - 2013 A (Class C)
	976,014	i	Lehman XS Trust		0.415		02/25/36		887,607
			Series - 2006 1 (Class 1A1)
	131,287	i	Long Beach Mortgage Loan Trust		0.915		02/25/35		130,747
			Series - 2005 1 (Class M1)
	2,000,000	g	MMCA Automobile Trust		2.720		10/17/16		2,029,960
			Series - 2011 A (Class B)
	1,355,348	i	Morgan Stanley Capital I		0.345		02/25/36		1,338,946
			Series - 2006 NC2 (Class A2C)
	237,854	g	Morgan Stanley Capital I		2.602		09/15/47		241,809
			Series - 2011 C1 (Class A1)
	3,375,674	i	Park Place Securities, Inc Asset-Backed Pass-Through Certificates		0.685		01/25/36		3,353,563
			Series - 2005 WCH1 (Class M2)
	3,000,000	g	Rental Car Finance Corp		2.510		02/25/16		3,038,088
			Series - 2011 1A (Class A1)
	2,000,000	g	Rental Car Finance Corp		4.380		02/25/16		2,044,346
			Series - 2011 1A (Class B1)
	178,150	i	Residential Asset Mortgage Products, Inc		0.465		04/25/35		174,687
			Series - 2005 RZ1 (Class A3)
	999,468		Residential Funding Mortgage Securities II, Inc		5.790		02/25/36		1,009,982
			Series - 2006 HI2 (Class A3)
	365,670		Residential Funding Mortgage Securities II, Inc		5.960		02/25/36		369,270
			Series - 2006 HI3 (Class A3)
	500,000	i	Residential Funding Mortgage Securities II, Inc		6.060		02/25/36		526,538
			Series - 2006 HI1 (Class M2)
	5,000,000		Santander Drive Auto Receivables Trust		2.090		08/15/16		5,047,670
			Series - 2012 2 (Class B)

178

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,220,000		Santander Drive Auto Receivables Trust		3.090	%	05/15/17	$	3,282,594
			Series - 2011 3 (Class C)
	494,869	i	Saxon Asset Securities Trust		6.120		11/25/30		525,665
			Series - 2002 2 (Class AF6)
	206,816	i	Securitized Asset Backed Receivables LLC		0.465		10/25/35		201,667
			Series - 2006 OP1 (Class A2C)
	2,175,495	g	Sierra Timeshare Receivables Funding LLC		2.840		11/20/28		2,215,376
			Series - 2012 1A (Class A)
	1,612,429	g	Sierra Timeshare Receivables Funding LLC		2.380		03/20/29		1,628,546
			Series - 2012 2A (Class A)
	7,800,000	g	SLM Student Loan Trust		3.480		10/15/30		8,146,999
			Series - 2012 B (Class A2)
	9,000,000	g	SLM Student Loan Trust		3.830		01/17/45		9,338,499
			Series - 2012 A (Class A2)
	264,094	i	Soundview Home Equity Loan Trust		0.465		11/25/35		260,529
			Series - 2005 OPT3 (Class A4)
	597,306	i	Structured Asset Investment Loan Trust		1.225		11/25/34		586,537
			Series - 2004 10 (Class A9)
	193,072	i	Structured Asset Investment Loan Trust		0.765		05/25/35		192,352
			Series - 2005 4 (Class M1)
	3,196,052	g,i	Structured Asset Securities Corp		0.315		07/25/36		3,106,108
			Series - 2006 EQ1A (Class A4)
	1,821,393	g,i	Structured Asset Securities Corp		0.385		10/25/36		1,757,210
			Series - 2006 GEL4 (Class A2)
	7,000,000	g	Volvo Financial Equipment LLC		0.970		08/15/19		6,943,426
			Series - 2013 1A (Class A4)
	39,216	i	Wells Fargo Home Equity Trust		0.305		07/25/36		38,821
			Series - 2006 2 (Class A3)
	4,500,000		World Financial Network Credit Card Master Trust		1.680		08/15/18		4,533,251
			Series - 2011 A (Class A)
	1,500,000		World Financial Network Credit Card Master Trust		3.960		04/15/19		1,567,267
			Series - 2010 A (Class A)
			TOTAL ASSET BACKED						201,827,004
OTHER MORTGAGE BACKED - 5.4%
	5,000,000		Citigroup Commercial Mortgage Trust		1.813		09/10/45		5,010,555
			Series - 2012 GC8 (Class A2)
	92,456		Countrywide Alternative Loan Trust		5.500		08/25/34		92,389
			Series - 2004 14T2 (Class A2)
	625,000		Credit Suisse First Boston Mortgage Securities Corp		4.771		07/15/37		643,994
			Series - 2005 C3 (Class AJ)
	9,000,000		Credit Suisse Mortgage Capital Certificates		5.509		09/15/39		9,663,750
			Series - 2006 C4 (Class AM)
	153	i	Greenpoint Mortgage Funding Trust		0.265		09/25/46		153
			Series - 2006 AR4 (Class A1A)
	49	i	Greenpoint Mortgage Funding Trust		0.245		10/25/46		49
			Series - 0 AR5 (Class A1A)
	1,888,707		GS Mortgage Securities Trust		1.282		01/10/45		1,897,459
			Series - 2012 GC6 (Class A1)
	8,750,000		GS Mortgage Securities Trust		1.840		02/10/46		8,711,019
			Series - 2013 GC10 (Class A2)

179

TIAA-CREF FUNDS - Short-Term Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	498,668	i	Impac CMB Trust		0.825	%	03/25/35	$	445,342
			Series - 2004 11 (Class 2A1)
	9,528,133		JP Morgan Chase Commercial Mortgage Securities Trust		5.257		05/15/47		10,171,006
			Series - 2006 LDP9 (Class A1A)
	1,450,000	i	JP Morgan Chase Commercial Mortgage Securities Trust		6.192		02/15/51		1,607,205
			Series - 2007 LD12 (Class AM)
	1,588,127	i	JP Morgan Mortgage Acquisition Corp		0.265		10/25/36		1,559,315
			Series - 0 CH2 (Class AV3)
	785,000		LB-UBS Commercial Mortgage Trust		5.378		11/15/38		847,831
			Series - 2006 C7 (Class AM)
	3,550,000	i	LB-UBS Commercial Mortgage Trust		5.493		02/15/40		3,746,127
			Series - 2007 C2 (Class AM)
	4,500,000		LB-UBS Commercial Mortgage Trust		4.843		07/15/40		4,671,234
			Series - 2005 C3 (Class AJ)
	2,750,000		Morgan Stanley Bank of America Merrill Lynch Trust		1.868		11/15/45		2,745,671
			Series - 2012 C6 (Class A2)
	173,629	i	Opteum Mortgage Acceptance Corp		0.565		02/25/35		172,677
			Series - 2005 1 (Class A4)
	199,830		Residential Accredit Loans, Inc		4.350		03/25/34		203,162
			Series - 2004 QS4 (Class A1)
	942,918		RFMSI Trust		5.500		03/25/35		953,774
			Series - 2005 S2 (Class A6)
	552,467	g,i	Springleaf Mortgage Loan Trust		2.667		09/25/57		564,518
			Series - 2012 1A (Class A)
	336,283	g,i	Springleaf Mortgage Loan Trust		2.220		10/25/57		342,580
			Series - 0 2A (Class A)
	8,655,000		Wachovia Bank Commercial Mortgage Trust		5.383		12/15/43		9,312,719
			Series - 2007 C30 (Class AM)
	1,125,000	i	Wachovia Bank Commercial Mortgage Trust		5.818		05/15/46		1,233,508
			Series - 2007 C34 (Class AM)
	560,000	i	Wachovia Bank Commercial Mortgage Trust		5.591		04/15/47		609,720
			Series - 2007 C31 (Class AM)
			TOTAL OTHER MORTGAGE BACKED						65,205,757
			TOTAL STRUCTURED ASSETS						267,032,761
			(Cost $267,269,068)
			TOTAL BONDS						1,080,613,515
			(Cost $1,077,298,936)
SHORT-TERM INVESTMENTS - 12.0%
GOVERNMENT AGENCY DEBT - 1.6%
	20,000,000		Federal Home Loan Mortgage Corp (FHLMC)		0.030		01/23/14		19,999,633
			TOTAL GOVERNMENT AGENCY DEBT						19,999,633
TREASURY DEBT - 10.4%
	39,000,000		United States Treasury Bill		0.070		01/30/14		38,997,801
	36,400,000		United States Treasury Bill		0.053-0.061		03/13/14		36,397,161
	50,000,000		United States Treasury Note		1.750		03/31/14		50,201,150
			TOTAL TREASURY DEBT						125,596,112

180

TIAA-CREF FUNDS - Short-Term Bond Fund

			MATURITY
PRINCIPAL	ISSUER	RATE	DATE	VALUE
	TOTAL SHORT-TERM INVESTMENTS			$	145,595,745
	(Cost $145,599,414)
	TOTAL INVESTMENTS - 101.6%				1,236,845,031
	(Cost $1,233,482,740)
	OTHER ASSETS & LIABILITIES, NET - (1.6)%				(19,278,528	)
	NET ASSETS - 100.0%			$	1,217,566,503

g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $297,080,208 or 24.4% of net assets.
i	Floating or variable rate security. Coupon rate reflects the rate at period end.
l	All or a portion of these securities have been segregated by the custodian to cover collateral requirements on swap agreements.

181

TIAA-CREF FUNDS - Social Choice Bond Fund

TIAA-CREF FUNDS

SOCIAL CHOICE BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
BANK LOAN OBLIGATIONS - 0.3%
MEDIA - 0.3%
$	250,000	i	Virgin Media Investment Holdings Ltd		3.500	%	06/08/20	$	250,375
			TOTAL MEDIA						250,375
			TOTAL BANK LOAN OBLIGATIONS						250,375
			(Cost $249,468)
BONDS - 90.5%
CORPORATE BONDS - 41.1%
BANKS - 11.6%
	500,000		Bank of America Corp		1.350		11/21/16		499,794
	250,000	g,i	Bank of Tokyo-Mitsubishi UFJ Ltd		0.687		02/26/16		250,225
	500,000		BB&T Corp		2.050		06/19/18		495,018
	250,000	i	Capital One NA		0.696		03/22/16		249,744
	250,000		Capital One NA		1.500		03/22/18		243,119
	250,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		1.700		03/19/18		246,905
	250,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.950		11/09/22		242,247
	250,000		Discover Bank		2.000		02/21/18		245,541
	500,000		Discover Bank		4.200		08/08/23		493,155
	515,000		First Niagara Financial Group, Inc		6.750		03/19/20		591,994
	250,000		HSBC USA, Inc		1.625		01/16/18		246,514
	500,000		Huntington Bancshares, Inc		2.600		08/02/18		500,292
	500,000		Huntington National Bank		1.350		08/02/16		499,815
	500,000		KeyCorp		2.300		12/13/18		496,373
	250,000		Manufacturers & Traders Trust Co		1.450		03/07/18		243,177
	250,000	g	Mizuho Corporate Bank Ltd		1.850		03/21/18		243,668
	500,000	i	National City Bank		0.593		12/15/16		495,686
	507,000		People’s United Financial, Inc		3.650		12/06/22		479,322
	500,000		Regions Financial Corp		2.000		05/15/18		484,156
	250,000		Royal Bank of Canada		1.500		01/16/18		245,117
	500,000		Royal Bank of Canada		2.200		07/27/18		502,030
	250,000	g	Skandinaviska Enskilda Banken AB		1.750		03/19/18		244,907
	500,000	g	Skandinaviska Enskilda Banken AB		1.375		05/29/18		486,750
	250,000	i	State Street Bank and Trust Co		0.442		12/08/15		249,497
	260,000		SVB Financial Group		5.375		09/15/20		286,336
	500,000	i	Toronto-Dominion Bank		0.786		04/30/18		501,076
	250,000		US Bancorp		2.950		07/15/22		232,282
			TOTAL BANKS						9,994,740
CAPITAL GOODS - 2.0%
	250,000		Eaton Corp		1.500		11/02/17		245,083
	250,000		Eaton Corp		4.000		11/02/32		229,602
	250,000	g	Ingersoll-Rand Global Holding Co Ltd		2.875		01/15/19		246,407

182

TIAA-CREF FUNDS - Social Choice Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	250,000		Pentair Finance S.A.		1.350	%	12/01/15	$	251,539
	250,000		Pentair Finance S.A.		1.875		09/15/17		246,983
	500,000		Rockwell Collins, Inc		3.700		12/15/23		493,608
			TOTAL CAPITAL GOODS						1,713,222
CONSUMER DURABLES & APPAREL - 0.3%
	250,000		Mohawk Industries, Inc		3.850		02/01/23		237,500
			TOTAL CONSUMER DURABLES & APPAREL						237,500
CONSUMER SERVICES - 0.3%
	250,000	g	Service Corp International		5.375		01/15/22		253,125
			TOTAL CONSUMER SERVICES						253,125
DIVERSIFIED FINANCIALS - 4.3%
	250,000		American Express Co		1.550		05/22/18		244,100
	325,000		American Express Credit Corp		2.125		07/27/18		325,546
	250,000	i	Bank of New York Mellon Corp		0.802		08/01/18		250,679
	500,000	i	Ford Motor Credit Co LLC		1.489		05/09/16		507,336
	500,000		Ford Motor Credit Co LLC		2.375		01/16/18		504,980
	500,000		Ford Motor Credit Co LLC		4.375		08/06/23		502,680
	500,000	g	Nissan Motor Acceptance Corp		2.650		09/26/18		500,296
	250,000	g	RCI Banque S.A.		3.500		04/03/18		254,783
	500,000		State Street Corp		1.350		05/15/18		483,895
	108,000		Unilever Capital Corp		0.850		08/02/17		105,135
			TOTAL DIVERSIFIED FINANCIALS						3,679,430
ENERGY - 2.5%
	500,000		Noble Energy, Inc		5.250		11/15/43		499,592
	250,000		Noble Holding International Ltd		2.500		03/15/17		250,791
	500,000	g	Northern Natural Gas Co		4.100		09/15/42		432,131
	500,000		Statoil ASA		2.900		11/08/20		496,728
	500,000		Statoil ASA		2.650		01/15/24		451,001
			TOTAL ENERGY						2,130,243
FOOD & STAPLES RETAILING - 1.2%
	500,000		Kroger Co		1.200		10/17/16		500,213
	500,000		Kroger Co		2.300		01/15/19		497,493
			TOTAL FOOD & STAPLES RETAILING						997,706
HEALTH CARE EQUIPMENT & SERVICES - 2.9%
	500,000		Edwards Lifesciences Corp		2.875		10/15/18		497,082
	500,000		Laboratory Corp of America Holdings		2.500		11/01/18		493,125
	500,000		Thermo Fisher Scientific, Inc		1.300		02/01/17		497,828
	500,000		Thermo Fisher Scientific, Inc		2.400		02/01/19		495,345
	500,000		Thermo Fisher Scientific, Inc		4.150		02/01/24		495,249
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						2,478,629
HOUSEHOLD & PERSONAL PRODUCTS - 0.2%
	250,000		Colgate-Palmolive Co		1.950		02/01/23		217,305
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						217,305

183

TIAA-CREF FUNDS - Social Choice Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
INSURANCE - 2.8%
$	250,000		Aetna, Inc		1.500	%	11/15/17	$	246,323
	500,000	g	Five Corners Funding Trust		4.419		11/15/23		492,861
	250,000		Principal Financial Group, Inc		1.850		11/15/17		247,739
	500,000		Prudential Financial, Inc		2.300		08/15/18		497,039
	250,000	i	Prudential Financial, Inc		5.200		03/15/44		241,875
	500,000	g	Swiss Re Treasury US Corp		2.875		12/06/22		460,399
	250,000	g	Swiss Re Treasury US Corp		4.250		12/06/42		214,835
			TOTAL INSURANCE						2,401,071
MATERIALS - 0.1%
	50,000		Rock Tenn Co		4.000		03/01/23		47,755
			TOTAL MATERIALS						47,755
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 3.1%
	250,000		AbbVie, Inc		1.750		11/06/17		249,572
	250,000		Bristol-Myers Squibb Co		3.250		08/01/42		194,138
	500,000		Johnson & Johnson		0.700		11/28/16		496,934
	500,000		Johnson & Johnson		4.375		12/05/33		503,255
	250,000		Merck & Co, Inc		1.100		01/31/18		242,998
	250,000		Merck & Co, Inc		4.150		05/18/43		228,397
	500,000	g	Valeant Pharmaceuticals International, Inc		5.625		12/01/21		502,500
	250,000	g	VPII Escrow Corp		6.750		08/15/18		274,688
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						2,692,482
REAL ESTATE - 3.6%
	500,000		AvalonBay Communities, Inc		2.950		09/15/22		459,098
	500,000	g	DCT Industrial Operating Partnership LP		4.500		10/15/23		485,845
	500,000		Federal Realty Investment Trust		2.750		06/01/23		449,334
	250,000		HCP, Inc		2.625		02/01/20		238,297
	250,000		Kilroy Realty Corp		5.000		11/03/15		266,305
	250,000		Kilroy Realty LP		3.800		01/15/23		233,139
	500,000		Mid-America Apartments LP		4.300		10/15/23		486,119
	250,000	g	Simon Property Group LP		1.500		02/01/18		242,864
	250,000		Ventas Realty LP		2.000		02/15/18		245,751
			TOTAL REAL ESTATE						3,106,752
RETAILING - 0.3%
	250,000		O’Reilly Automotive, Inc		3.800		09/01/22		241,279
			TOTAL RETAILING						241,279
TECHNOLOGY HARDWARE & EQUIPMENT - 0.9%
	250,000		CC Holdings GS V LLC		2.381		12/15/17		247,620
	500,000		Xerox Corp		2.750		03/15/19		495,549
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						743,169
TELECOMMUNICATION SERVICES - 1.5%
	500,000		CenturyLink, Inc		6.750		12/01/23		506,250
	500,000	g	Sprint Corp		7.250		09/15/21		536,875
	250,000		Vodafone Group plc		1.500		02/19/18		243,747
			TOTAL TELECOMMUNICATION SERVICES						1,286,872

184

TIAA-CREF FUNDS - Social Choice Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
TRANSPORTATION - 0.8%
$	500,000		CSX Corp		3.700	%	11/01/23	$	483,701
	250,000		GATX Corp		3.900		03/30/23		236,828
			TOTAL TRANSPORTATION						720,529
UTILITIES - 2.7%
	500,000		Delmarva Power & Light Co		3.500		11/15/23		491,547
	250,000	g	International Transmission Co		4.625		08/15/43		244,080
	125,000		ITC Holdings Corp		5.300		07/01/43		122,896
	250,000		NiSource Finance Corp		4.800		02/15/44		225,566
	250,000		Northeast Utilities		1.450		05/01/18		242,135
	250,000		Northern States Power Co		2.600		05/15/23		229,594
	250,000	i	NSTAR Electric Co		0.479		05/17/16		249,654
	250,000	g	Topaz Solar Farms LLC		4.875		09/30/39		235,969
	250,000	g	Topaz Solar Farms LLC		5.750		09/30/39		250,502
			TOTAL UTILITIES						2,291,943
			TOTAL CORPORATE BONDS						35,233,752
			(Cost $35,802,868)
GOVERNMENT BONDS - 42.5%
AGENCY SECURITIES - 5.6%
	500,000		Federal Home Loan Mortgage Corp (FHLMC)		1.000		09/29/17		494,143
	225,000	j	Government Trust Certificate		0.000		04/01/21		174,795
	250,000	j	Overseas Private Investment Corp (OPIC)		0.000		04/30/15		251,765
	242,647		OPIC		3.540		06/15/30		243,172
	250,000		OPIC		3.370		12/15/30		244,860
	242,857		OPIC		3.590		12/15/30		237,291
	500,000		OPIC		3.820		12/20/32		497,671
	250,000		OPIC		3.938		12/20/32		245,302
	395,000		United States Department of Housing and Urban Development (HUD)		4.140		08/01/14		404,142
	250,000		HUD		2.050		08/01/19		248,303
	250,000		HUD		4.870		08/01/19		282,071
	300,000		HUD		2.450		08/01/20		297,386
	250,000		UNM Sandoval Regional Medical Center		4.500		07/20/36		240,850
	500,000		Hashemite Kingdom of Jordan		2.503		10/30/20		489,722
	500,000		Micron Semiconductor Asia Pte Ltd		1.258		01/15/19		498,254
			TOTAL AGENCY SECURITIES						4,849,727
FOREIGN GOVERNMENT BONDS - 6.7%
	500,000		African Development Bank		0.750		10/18/16		498,920
	235,588	g	Carpintero Finance Ltd		2.004		09/18/24		230,711
	250,000		Council of Europe Development Bank		1.000		03/07/18		243,222
	500,000		European Bank for Reconstruction & Development		1.625		04/10/18		500,837
	250,000		Export-Import Bank of Korea		1.750		02/27/18		243,265
	250,000		Hydro Quebec		1.375		06/19/17		250,848
	500,000		International Bank for Reconstruction & Development		0.375		08/24/15		500,000
	525,000		International Bank for Reconstruction & Development		2.000		10/20/16		543,243
	250,000		International Finance Corp		2.250		04/28/14		251,592

185

TIAA-CREF FUNDS - Social Choice Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	250,000		International Finance Corp		0.500	%	05/15/15	$	250,240
	500,000		International Finance Corp		0.500		05/16/16		499,041
	500,000	g,i	International Finance Facility for Immunisation		0.433		07/05/16		499,996
	500,000	g	Kommunalbanken AS.		0.750		11/21/16		497,450
	250,000		North American Development Bank		2.300		10/10/18		246,173
	250,000		Province of Ontario Canada		1.200		02/14/18		245,175
	250,000		Province of Quebec Canada		2.625		02/13/23		229,636
			TOTAL FOREIGN GOVERNMENT BONDS						5,730,349
MORTGAGE BACKED - 15.2%
	149,788		Federal National Mortgage Association (FNMA)		4.500		10/01/19		159,451
	302,997		FNMA		5.000		09/01/25		322,886
	392,458		FNMA		3.500		11/01/25		411,430
	840,659		FNMA		3.000		05/01/27		859,190
	1,167,674		FNMA		2.500		10/01/27		1,159,609
	274,487		FNMA		5.000		11/01/33		299,025
	252,738		FNMA		5.500		04/01/34		278,728
	282,743		FNMA		5.500		08/01/37		311,600
	319,961		FNMA		6.000		05/01/38		354,231
	1,243,140		FNMA		4.500		08/01/39		1,324,232
	697,055		FNMA		4.500		04/01/40		742,526
	870,169		FNMA		4.000		10/01/40		899,875
	872,118		FNMA		3.500		08/01/42		868,590
	239,718		FNMA		3.500		01/01/43		238,674
	1,114,568		Government National Mortgage Association (GNMA)		3.000		02/20/39		1,124,806
	603,815		GNMA		3.500		08/20/39		615,728
	249,288		GNMA		5.000		10/20/39		272,991
	343,994		GNMA		4.000		06/15/40		358,643
	695,269		GNMA		4.000		05/20/42		723,857
	288,467		GNMA		5.000		06/20/42		314,378
	964,244		GNMA		3.000		02/20/43		933,493
	495,275		GNMA		3.500		07/15/43		500,714
			TOTAL MORTGAGE BACKED						13,074,657
MUNICIPAL BONDS - 8.1%
	300,000		American Municipal Power		6.270		02/15/50		315,591
	250,000		Bay Area Water Supply & Conservation Agency		1.311		10/01/17		245,947
	250,000		Bay Area Water Supply & Conservation Agency		2.735		10/01/22		232,747
	250,000		California Pollution Control Financing Authority		5.000		07/01/27		246,862
	500,000		California Pollution Control Financing Authority		5.000		07/01/37		440,880
	250,000		City of Jersey City NJ		1.192		09/01/15		249,803
	180,000		Commonwealth Financing Authority		1.159		06/01/16		178,848
	250,000		Commonwealth Financing Authority		2.675		06/01/21		230,502
	500,000		Commonwealth of Massachusetts		5.000		08/01/33		532,730
	250,000		Florida Governmental Utility Authority		2.000		10/01/16		247,225
	500,000		Florida Hurricane Catastrophe Fund Finance Corp		1.298		07/01/16		500,575
	250,000	j	Garden State Preservation Trust		0.000		11/01/22		185,537
	250,000		Grant County Public Utility District No 2		4.700		01/01/28		242,510
	500,000		Guadalupe-Blanco River Authority Industrial Development Corp		1.909		04/15/18		492,550
	250,000		Guadalupe-Blanco River Authority Industrial Development Corp		4.633		04/15/33		233,760

186

TIAA-CREF FUNDS - Social Choice Bond Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE		VALUE
$	200,000		Massachusetts St. Water Pollution Abatement	5.192	%	08/01/40	$	211,936
	250,000		New York State Energy Research & Development Authority	1.028		07/01/16		248,703
	250,000		New York State Energy Research & Development Authority	2.772		07/01/20		245,538
	250,000		Niagara Area Development Corp	4.000		11/01/24		227,918
	170,000		Ohio State Water Development Authority	4.879		12/01/34		174,063
	250,000		Pend Oreille County Public Utility District No Box Canyon	1.987		01/01/16		250,473
	205,000		Pend Oreille County Public Utility District No Box Canyon	2.417		01/01/17		205,513
	250,000		South Dakota Conservancy District	1.648		08/01/18		245,810
	250,000		State of California	4.988		04/01/39		235,952
	250,000		West Virginia Water Development Authority	5.000		11/01/21		289,135
			TOTAL MUNICIPAL BONDS					6,911,108
U.S. TREASURY SECURITIES - 6.9%
	275,000		United States Treasury Bond	2.875		05/15/43		222,879
	825,000		United States Treasury Bond	3.625		08/15/43		779,110
	875,000		United States Treasury Note	1.250		11/30/18		856,270
	2,500,000		United States Treasury Note	1.500		12/31/18		2,471,875
	450,000		United States Treasury Note	1.875		06/30/20		439,066
	1,164,000		United States Treasury Note	2.750		11/15/23		1,138,719
			TOTAL U.S. TREASURY SECURITIES					5,907,919
			TOTAL GOVERNMENT BONDS					36,473,760
			(Cost $37,434,135)
STRUCTURED ASSETS - 6.9%
ASSET BACKED - 2.5%
	250,000		Ally Master Owner Trust	1.720		07/15/19		250,580
			Series - 2012 4 (Class A)
	250,000	g	Avis Budget Rental Car Funding AESOP LLC	6.740		05/20/16		264,674
			Series - 2010 3A (Class B)
	250,000	g	Avis Budget Rental Car Funding AESOP LLC	2.100		03/20/19		249,631
			Series - 2012 3A (Class A)
	230,212	g	DB/UBS Mortgage Trust	3.742		11/10/46		241,944
			Series - 2011 LC1A (Class A1)
	500,000	g	Hertz Vehicle Financing LLC	6.440		02/25/19		560,539
			Series - 2010 1A (Class B3)
	162,598	i	Lehman XS Trust	0.415		02/25/36		147,870
			Series - 2006 1 (Class 1A1)
	229,546	i	Park Place Securities, Inc Asset-Backed Pass-Through Certificates	0.685		01/25/36		228,042
			Series - 2005 WCH1 (Class M2)
	182,139	g,i	Structured Asset Securities Corp	0.385		10/25/36		175,721
			Series - 2006 GEL4 (Class A2)
			TOTAL ASSET BACKED					2,119,001
OTHER MORTGAGE BACKED - 4.4%
	215,880	g	7 WTC Depositor LLC Trust	4.082		03/13/31		224,438
			Series - 2012 7WTC (Class A)
	310,000		Banc of America Commercial Mortgage Trust	5.390		10/10/45		335,973
			Series - 2006 6 (Class AM)
	120,000	i	Bear Stearns Commercial Mortgage Securities	5.959		09/11/42		128,292
			Series - 2007 T28 (Class AJ)

187

TIAA-CREF FUNDS - Social Choice Bond Fund

						MATURITY
PRINCIPAL			ISSUER	RATE		DATE		VALUE
$	424,527	i	Countrywide Home Loan Mortgage Pass Through Trust	2.532	%	11/20/34	$	396,405
			Series - 2004 HYB6 (Class A2)
	255,000		Credit Suisse Mortgage Capital Certificates	5.509		09/15/39		273,806
			Series - 2006 C4 (Class AM)
	250,000	g	GS Mortgage Securities Corp II	3.551		04/10/34		245,803
			Series - 2012 ALOH (Class A)
	81,213	i	Impac CMB Trust	0.825		03/25/35		72,529
			Series - 2004 11 (Class 2A1)
	250,000		JP Morgan Chase Commercial Mortgage Securities Corp	3.507		05/15/45		248,556
			Series - 2012 C6 (Class A3)
	150,000	i	JP Morgan Chase Commercial Mortgage Securities Trust	6.192		02/15/51		166,263
			Series - 2007 LD12 (Class AM)
	350,000	i	LB-UBS Commercial Mortgage Trust	5.493		02/15/40		369,336
			Series - 2007 C2 (Class AM)
	250,000	g	OBP Depositor LLC Trust	4.646		07/15/45		271,116
			Series - 2010 OBP (Class A)
	248,136		RFMSI Trust	5.500		03/25/35		250,993
			Series - 2005 S2 (Class A6)
	250,000		UBS Barclays Commercial Mortgage Trust	3.525		05/10/63		247,116
			Series - 2012 C2 (Class A4)
	250,000		Wachovia Bank Commercial Mortgage Trust	5.383		12/15/43		268,998
			Series - 2007 C30 (Class AM)
	70,000	i	Wachovia Bank Commercial Mortgage Trust	5.818		05/15/46		76,752
			Series - 2007 C34 (Class AM)
	250,000	i	Wachovia Bank Commercial Mortgage Trust	5.660		04/15/47		248,129
			Series - 2007 C31 (Class AJ)
			TOTAL OTHER MORTGAGE BACKED					3,824,505
			TOTAL STRUCTURED ASSETS					5,943,506
			(Cost $6,057,125)
			TOTAL BONDS					77,651,018
			(Cost $79,294,128)
SHARES			COMPANY
PREFERRED STOCKS - 0.3%
BANKS - 0.3%
	250		M&T Bank Corp	6.375		12/30/49		228,875
			TOTAL BANKS					228,875
			TOTAL PREFERRED STOCKS					228,875
			(Cost $255,625)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 8.0%
TREASURY DEBT - 8.0%
$	900,000		United States Treasury Bill	0.055		03/06/14		899,917
	6,000,000		United States Treasury Bill	0.073-0.083		07/24/14		5,997,378
			TOTAL TREASURY DEBT					6,897,295

188

TIAA-CREF FUNDS - Social Choice Bond Fund

			MATURITY
PRINCIPAL	ISSUER	RATE	DATE		VALUE
	TOTAL SHORT-TERM INVESTMENTS			$	6,897,295
	(Cost $6,897,328)
	TOTAL INVESTMENTS - 99.1%				85,027,563
	(Cost $86,696,549)
	OTHER ASSETS & LIABILITIES, NET - 0.9%				804,623
	NET ASSETS - 100.0%			$	85,832,186

g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration to qualified institutional buyers. At 12/31/2013, the aggregate value of these securities was $10,315,733 or 12.0% of net assets.
i	Floating or variable rate security. Coupon rate reflects the rate at period end.
j	Zero coupon.

189

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

TIAA-CREF FUNDS

TAX-EXEMPT BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2013

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
LONG-TERM MUNICIPAL BONDS - 100.4%
ALABAMA - 0.4%
$	1,025,000		Alabama Public School & College Authority		5.000	%	05/01/19	$	1,194,607
			TOTAL ALABAMA						1,194,607
ARIZONA - 1.3%
	1,225,000		Arizona School Facilities Board, COP		5.000		09/01/19		1,395,863
	2,000,000		City of Tucson AZ, GO		5.000		07/01/20		2,291,560
	1,000,000		Phoenix Industrial Development Authority		5.625		09/01/42		821,330
			TOTAL ARIZONA						4,508,753
CALIFORNIA - 9.9%
	2,000,000		California State Department of Water Resources		5.000		05/01/20		2,368,820
	1,000,000		California State Public Works Board, GO		5.000		11/01/22		1,131,570
	2,000,000		County of San Bernardino CA, COP		5.250		08/01/19		2,258,720
	5,000,000		State of California		5.000		11/01/20		5,841,500
	2,500,000		State of California		5.000		11/01/23		2,869,975
	1,855,000		State of California, GO		5.000		03/01/17		2,100,806
	1,000,000		State of California, GO		5.000		03/01/19		1,165,600
	2,000,000		State of California, GO		5.000		02/01/22		2,309,820
	2,000,000		State of California, GO		5.000		04/01/22		2,312,280
	2,000,000		State of California, GO		5.250		10/01/22		2,350,500
	3,000,000		State of California, GO		5.000		02/01/23		3,437,700
	1,710,000		West Contra Costa Unified School District, GO		5.700		02/01/21		2,051,863
	1,450,000		West Contra Costa Unified School District, GO		6.000		08/01/21		1,770,334
	1,810,000		West Contra Costa Unified School District, GO		5.700		02/01/22		2,161,086
			TOTAL CALIFORNIA						34,130,574
COLORADO - 1.0%
	1,000,000		City & County of Denver CO Airport System Revenue		5.000		11/15/23		1,107,400
	1,000,000		Denver City & County School District No, GO		5.500		12/01/23		1,205,320
	1,000,000		Jefferson County Colorado School District, GO		5.000		12/15/23		1,163,450
			TOTAL COLORADO						3,476,170
CONNECTICUT - 4.2%
	1,400,000		Connecticut State Health & Educational Facility Authority		5.000		07/01/22		1,536,850
	3,000,000	i	State of Connecticut		0.920		08/15/18		3,005,250
	3,000,000	i	State of Connecticut		1.060		08/15/20		3,025,380
	2,000,000		State of Connecticut		5.000		10/15/22		2,318,480
	3,000,000		State of Connecticut		5.000		10/15/23		3,469,500
	1,000,000		State of Connecticut, GO		5.000		05/15/21		1,166,490
			TOTAL CONNECTICUT						14,521,950

190

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

PRINCIPAL			ISSUER	RATE			DATE	VALUE
FLORIDA - 3.0%
$	1,485,000		Broward County School Board, COP		5.250	%	07/01/16	$	1,636,886
	1,365,000		County of Broward FL, GO		5.000		01/01/21		1,604,748
	1,000,000		County of Orange FL		5.000		10/01/21		1,123,170
	5,000,000		State of Florida		5.000		06/01/21		5,903,750
			TOTAL FLORIDA						10,268,554
GEORGIA - 2.6%
	2,500,000		City of Atlanta GA Water & Wastewater Revenue		5.000		11/01/23		2,851,625
	1,470,000		Fulton County Development Authority		5.000		11/01/18		1,696,468
	4,000,000		State of Georgia		5.000		12/01/16		4,517,040
			TOTAL GEORGIA						9,065,133
HAWAII - 0.6%
	1,000,000		State of Hawaii Department of Transportation		5.250		08/01/24		1,050,620
	1,000,000		State of Hawaii, GO		5.000		12/01/22		1,155,120
			TOTAL HAWAII						2,205,740
ILLINOIS - 11.1%
	1,500,000		Chicago Board of Education		5.250		12/01/18		1,676,250
	3,200,000		Chicago Board of Education		5.000		12/01/20		3,514,976
	5,000,000	i	Chicago Board of Education		0.870		03/01/36		4,824,700
	2,560,000		Chicago Board of Education, GO		5.000		12/01/18		2,831,539
	1,000,000		Chicago Board of Education, GO		5.000		12/01/18		1,106,070
	1,230,000		Chicago Board of Education, GO		6.000		01/01/20		1,341,217
	1,665,000		Chicago Board of Education, GO		5.000		12/01/21		1,813,418
	1,000,000		Chicago Public Building Commission		5.250		03/01/24		1,078,290
	2,085,000		Chicago State University		5.500		12/01/23		2,238,435
	1,220,000		Chicago Transit Authority		5.250		12/01/24		1,318,112
	1,500,000		County of Cook IL		5.000		11/15/15		1,619,685
	1,000,000		County of Cook IL		5.000		11/15/16		1,111,850
	1,500,000		County of Cook IL		5.000		11/15/17		1,694,070
	2,000,000		Illinois Finance Authority		5.000		07/01/17		2,277,100
	1,500,000		State of Illinois		5.000		06/15/19		1,710,960
	840,000		State of Illinois		6.250		12/15/20		935,105
	2,045,000		State of Illinois, GO		5.000		01/01/20		2,121,994
	1,650,000		State of Illinois, GO		5.000		01/01/20		1,819,340
	1,835,000		State of Illinois, GO		5.000		01/01/20		2,025,455
	1,000,000		State of Illinois, GO		5.250		01/01/20		1,116,210
			TOTAL ILLINOIS						38,174,776
INDIANA - 2.1%
	1,000,000		Griffith Multi-School Building Corp, GO		5.000		07/15/15		1,069,290
	1,520,000		Hammond Multi-School Building Corp, GO		5.000		07/15/17		1,674,995
	2,120,000		Indiana Bond Bank		5.250		04/01/19		2,395,494
	1,940,000		Indianapolis Local Public Improvement Bond Bank		5.500		01/01/21		2,212,143
			TOTAL INDIANA						7,351,922

191

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

PRINCIPAL			ISSUER	RATE			DATE	VALUE
LOUISIANA - 0.3%
$	1,000,000		Louisiana Public Facilities Authority		5.250	%	10/01/24	$	1,118,370
			TOTAL LOUISIANA						1,118,370
MARYLAND - 3.8%
	4,000,000		County of Montgomery MD		5.000		07/01/21		4,745,640
	2,750,000		State of Maryland		5.000		07/15/15		2,949,787
	4,500,000		State of Maryland Department of Transportation		5.000		12/01/17		5,211,585
			TOTAL MARYLAND						12,907,012
MASSACHUSETTS - 4.0%
	4,000,000	h	Commonwealth of Massachusetts		5.000		12/01/19		4,726,960
	2,000,000		Commonwealth of Massachusetts		5.000		08/01/20		2,353,220
	1,750,000		Massachusetts Development Finance Agency		5.000		07/01/23		2,029,248
	3,945,000	h	Massachusetts State College Building Authority		5.000		05/01/20		4,623,737
			TOTAL MASSACHUSETTS						13,733,165
MICHIGAN - 0.7%
	1,000,000		Michigan Finance Authority		5.000		10/01/22		1,163,510
	1,005,000		Michigan Municipal Bond Authority		5.000		10/01/19		1,169,961
			TOTAL MICHIGAN						2,333,471
MINNESOTA - 3.6%
	1,000,000		Minnesota Public Facilities Authority		5.000		03/01/16		1,093,740
	3,000,000		St. Paul Port Authority		5.000		12/01/21		3,462,630
	5,000,000		State of Minnesota		5.000		10/01/23		5,913,500
	1,715,000		University of Minnesota		5.000		08/01/21		2,011,558
			TOTAL MINNESOTA						12,481,428
MISSISSIPPI - 0.7%
	2,100,000		Mississippi Development Bank Special Obligation		5.000		07/01/17		2,318,589
			TOTAL MISSISSIPPI						2,318,589
MISSOURI - 0.5%
	1,500,000		City of Kansas City MO Airport Revenue		5.000		09/01/19		1,707,510
			TOTAL MISSOURI						1,707,510
NEBRASKA - 0.3%
	1,000,000		Central Plains Energy Project		5.000		09/01/22		1,058,230
			TOTAL NEBRASKA						1,058,230
NEW JERSEY - 4.1%
	1,500,000		New Jersey Building Authority		5.000		06/15/15		1,598,190
	2,250,000		New Jersey Building Authority		5.000		06/15/16		2,487,870
	2,000,000		New Jersey Building Authority		5.000		06/15/17		2,259,080

192

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,980,000		New Jersey Economic Development Authority, GO		5.250	%	12/15/20	$	2,307,512
	1,025,000		New Jersey Transportation Trust Fund Authority		5.250		12/15/20		1,191,531
	2,800,000		New Jersey Transportation Trust Fund Authority		5.250		12/15/20		3,254,916
	1,000,000		New Jersey Transportation Trust Fund Authority		5.250		06/15/23		1,121,410
			TOTAL NEW JERSEY						14,220,509
NEW YORK - 16.7%
	2,000,000		Battery Park City Authority		5.000		11/01/23		2,343,780
	4,000,000		City of New York NY		5.000		08/01/17		4,550,320
	4,000,000		City of New York NY		5.000		08/01/18		4,617,080
	2,000,000	i	City of New York NY		0.510		08/01/21		1,992,900
	1,500,000	i	City of New York NY		0.590		08/01/25		1,493,760
	2,000,000		Housing Development Corp		0.750		11/01/16		1,998,320
	1,000,000		Metropolitan Transportation Authority		5.000		11/15/20		1,160,050
	1,000,000		Metropolitan Transportation Authority		5.250		11/15/20		1,158,640
	1,000,000		Metropolitan Transportation Authority		5.000		11/15/21		1,130,830
	1,000,000		Metropolitan Transportation Authority		5.250		11/15/23		1,137,650
	2,000,000		New York City Health & Hospital Corp		5.000		02/15/20		2,281,560
	1,000,000		New York State Dormitory Authority		5.000		07/01/16		1,100,050
	2,250,000		New York State Dormitory Authority		5.000		10/01/17		2,571,007
	1,000,000		New York State Dormitory Authority		5.000		10/01/18		1,145,360
	1,000,000		New York State Dormitory Authority		5.000		10/01/19		1,150,290
	70,000		New York State Dormitory Authority		5.000		07/01/20		83,278
	1,030,000		New York State Dormitory Authority		5.000		07/01/20		1,183,964
	5,000,000		New York State Dormitory Authority		5.000		12/15/22		5,800,350
	3,000,000		New York State Dormitory Authority		5.000		03/15/23		3,510,690
	3,000,000		New York State Thruway Authority		5.000		05/01/19		3,443,760
	2,000,000		New York State Urban Development Corp		5.000		03/15/20		2,335,040
	4,000,000		New York State Urban Development Corp		5.000		03/15/20		4,670,080
	4,000,000		New York State Urban Development Corp		5.000		03/15/21		4,665,800
	1,635,000		Port Authority of New York & New Jersey, AMT		5.000		09/15/20		1,874,528
			TOTAL NEW YORK						57,399,087
NORTH CAROLINA - 0.3%
	1,000,000		County of New Hanover NC, GO		5.000		12/01/20		1,183,520
			TOTAL NORTH CAROLINA						1,183,520
OHIO - 7.9%
	2,000,000		City of Cincinnati OH		5.000		12/01/21		2,350,560
	1,500,000		City of Columbus OH, GO		5.000		07/01/21		1,770,555
	1,290,000		Lorain County Port Authority		5.000		11/15/22		1,389,356
	1,760,000		Lorain County Port Authority		5.000		11/15/30		1,776,262
	1,000,000		Ohio Air Quality Development Authority		5.625		06/01/18		1,080,460
	1,750,000		Ohio Higher Educational Facility Commission		5.000		12/01/23		2,005,885
	1,500,000		Ohio State Turnpike Commission		5.000		02/15/20		1,697,550
	3,000,000		Ohio State Water Development Authority		5.000		06/01/23		3,526,350
	1,660,000		State of Ohio		5.000		01/15/21		1,831,262
	4,000,000		State of Ohio		5.000		06/15/22		4,681,000
	1,200,000		State of Ohio		5.000		01/01/23		1,329,504
	1,000,000		State of Ohio, GO		5.000		09/15/20		1,176,240

193

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,000,000		State of Ohio, GO		5.000	%	08/01/21	$	1,173,100
	1,000,000		State of Ohio, GO		5.000		09/15/22		1,171,310
			TOTAL OHIO						26,959,394
PENNSYLVANIA - 1.0%
	1,925,000		Commonwealth of Pennsylvania, GO		5.000		02/15/19		2,251,480
	1,000,000	i	Pennsylvania Turnpike Commission		1.190		12/01/19		1,007,430
			TOTAL PENNSYLVANIA						3,258,910
RHODE ISLAND - 2.4%
	5,000,000		Rhode Island Health & Educational Building Corp		5.000		09/01/21		5,896,100
	2,000,000		State of Rhode Island, GO		5.000		08/01/21		2,308,840
			TOTAL RHODE ISLAND						8,204,940
SOUTH CAROLINA - 0.7%
	1,120,000		Scago Educational Facilities Corp for Colleton School District		5.000		12/01/16		1,248,531
	1,000,000		Scago Public Facilities Corp for Georgetown County		5.000		12/01/19		1,168,660
			TOTAL SOUTH CAROLINA						2,417,191
TEXAS - 10.8%
	5,000,000		City Public Service Board of San Antonio TX		5.250		02/01/24		5,909,350
	5,000,000	i	Clear Creek Independent School District		3.000		02/15/35		5,315,500
	5,000,000		Dallas Area Rapid Transit		5.000		12/01/17		5,778,150
	1,100,000	i	Harris County Cultural Education Facilities Finance Corp		0.440		06/01/16		1,099,549
	1,000,000	i	Harris County Cultural Education Facilities Finance Corp		0.640		06/01/18		996,130
	1,065,000	i	Harris County Cultural Education Facilities Finance Corp		0.790		06/01/20		1,053,093
	4,600,000		Houston Independent School District		5.000		02/15/24		5,340,876
	1,500,000		Lewisville Independent School District		5.000		08/15/19		1,762,305
	1,500,000		Lewisville Independent School District		5.000		08/15/20		1,761,300
	3,250,000		North Texas Municipal Water District		5.250		09/01/23		3,818,913
	1,500,000		State of Texas		5.000		10/01/20		1,778,400
	1,000,000		State of Texas, GO		5.000		10/01/22		1,162,000
	1,000,000		Texas Water Development Board		5.000		07/15/16		1,114,480
			TOTAL TEXAS						36,890,046
UTAH - 2.4%
	4,000,000		Alpine School District		5.000		03/15/23		4,698,600
	2,000,000		Intermountain Power Agency		5.000		07/01/16		2,218,400
	1,000,000		State of Utah		5.000		07/01/21		1,190,200
			TOTAL UTAH						8,107,200
WASHINGTON - 2.8%
	3,150,000		Port of Seattle WA		5.500		09/01/17		3,590,149
	5,075,000		State of Washington		5.000		02/01/23		5,924,555
			TOTAL WASHINGTON						9,514,704

194

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

PRINCIPAL		ISSUER	RATE		DATE	VALUE
WEST VIRGINIA - 0.5%
$	1,500,000	City of Princeton WV	5.000	%	05/01/21	$	1,601,145
		TOTAL WEST VIRGINIA					1,601,145
WISCONSIN - 0.7%
	1,040,000	State of Wisconsin	5.000		05/01/19		1,213,826
	1,000,000	State of Wisconsin	5.000		05/01/21		1,172,990
		TOTAL WISCONSIN					2,386,816
		TOTAL LONG-TERM MUNICIPAL BONDS					344,699,416
		(Cost $341,022,037)
		TOTAL INVESTMENTS - 100.4%					344,699,416
		(Cost $341,022,037)
		OTHER ASSETS & LIABILITIES, NET - (0.4)%					(1,432,807)
		NET ASSETS - 100.0%				$	343,266,609
		Abbreviation(s):
	AMT	Alternative Minimum Tax (subject to)
	COP	Certificate of Participation
	GO	General Obligation
	h	These securities were purchased on a delayed delivery basis.
	i	Floating or variable rate security. Coupon rate reflects the rate at period end.

195

TIAA-CREF FUNDS - Money Market Fund

TIAA-CREF FUNDS
MONEY MARKET FUND
SCHEDULE OF INVESTMENTS (unaudited)
December 31, 2013

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 99.9%
CERTIFICATE OF DEPOSIT - 4.6%
$	4,000,000		Banco Del Estado De Chile		0.210	%	02/11/14	$	4,000,000
	4,500,000		Banco Del Estado De Chile		0.210		02/20/14		4,500,000
	3,000,000		Toronto-Dominion Bank		0.150		01/06/14		3,000,000
	5,000,000		Toronto-Dominion Bank		0.150		03/06/14		5,000,000
	6,000,000		Toronto-Dominion Bank		0.170		03/11/14		6,000,000
	5,000,000		Wells Fargo Bank NA		0.130		02/06/14		5,000,000
	2,000,000		Wells Fargo Bank NA		0.130		02/10/14		2,000,000
	10,000,000		Wells Fargo Bank NA		0.160		03/03/14		10,000,000
			TOTAL CERTIFICATE OF DEPOSIT						39,500,000
COMMERCIAL PAPER - 39.1%
	2,500,000		American Honda Finance Corp		0.090		01/10/14		2,499,944
	5,000,000		American Honda Finance Corp		0.110		01/23/14		4,999,664
	1,700,000		American Honda Finance Corp		0.100		02/19/14		1,699,769
	4,500,000		American Honda Finance Corp		0.100		02/25/14		4,499,312
	9,500,000		American Honda Finance Corp		0.130		03/05/14		9,497,839
	5,000,000	y	Australia & New Zealand Banking Group Ltd		0.180		03/19/14		4,998,075
	3,000,000	y	Australia & New Zealand Banking Group Ltd		0.180		03/20/14		2,998,830
	10,000,000	y	Australia & New Zealand Banking Group Ltd		0.170		03/25/14		9,996,081
	3,000,000		Bank of Nova Scotia		0.175		01/02/14		2,999,985
	2,500,000		Bank of Nova Scotia		0.160		01/03/14		2,499,978
	2,000,000		Bank of Nova Scotia		0.175		01/08/14		1,999,932
	460,000		Bank of Nova Scotia		0.170		01/28/14		459,941
	2,450,000		Bank of Nova Scotia		0.170		02/25/14		2,449,364
	4,275,000		Bank of Tokyo-Mitsubishi UFJ Ltd		0.170		01/10/14		4,274,818
	5,000,000	y	Bedford Row Funding Corp		0.220		02/03/14		4,998,992
	340,000	y	Bedford Row Funding Corp		0.230		04/01/14		339,804
	1,500,000	y	Coca-Cola Co		0.130		01/23/14		1,499,881
	700,000	y	Coca-Cola Co		0.180		02/10/14		699,860
	2,500,000	y	Coca-Cola Co		0.130		02/14/14		2,499,603
	2,000,000	y	Coca-Cola Co		0.100		03/06/14		1,999,644
	2,569,000	y	Coca-Cola Co		0.100		03/11/14		2,568,508
	3,660,000	y	Coca-Cola Co		0.100		03/12/14		3,659,288
	5,000,000	y	Coca-Cola Co		0.125		04/10/14		4,998,281
	1,285,000	y	Commonwealth Bank of Australia		0.160		01/02/14		1,284,994
	3,000,000	y	Commonwealth Bank of Australia		0.180		01/13/14		2,999,820
	4,050,000	y	Commonwealth Bank of Australia		0.155-0.160		02/10/14		4,049,285
	5,000,000	y	Commonwealth Bank of Australia		0.155		02/21/14		4,998,902
	2,100,000	y	DBS Bank Ltd		0.150-0.240		01/06/14		2,099,945
	2,000,000	y	DBS Bank Ltd		0.165		01/07/14		1,999,945
	1,100,000	y	DBS Bank Ltd		0.170		02/14/14		1,099,771
	2,280,000	y	DBS Bank Ltd		0.180-0.190		03/05/14		2,279,259
	1,450,000	y	DBS Bank Ltd		0.250		04/01/14		1,449,094
	3,000,000		Exxon Mobil Corp		0.085		01/21/14		2,999,858

196

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	7,442,000	y	Fairway Finance LLC		0.150	%	01/06/14	$	7,441,845
	3,101,000	y	Fairway Finance LLC		0.180		01/27/14		3,100,597
	3,000,000	y	Fairway Finance LLC		0.160		01/28/14		2,999,640
	1,180,000	y	Fairway Finance LLC		0.190		01/30/14		1,179,820
	4,070,000	y	Fairway Finance LLC		0.175		02/13/14		4,069,149
	1,750,000	y	Fairway Finance LLC		0.170-0.180		02/25/14		1,749,530
	4,600,000	y	Fairway Finance LLC		0.160		03/03/14		4,598,753
	5,000,000		General Electric Capital Corp		0.100		01/07/14		4,999,917
	10,000,000		General Electric Capital Corp		0.130		01/24/14		9,999,169
	7,000,000		General Electric Capital Corp		0.140		03/04/14		6,998,312
	4,245,000	y	International Business Machines Corp		0.150		01/07/14		4,244,894
	236,000		JPMorgan Chase Bank NA		0.230		01/13/14		235,982
	5,155,000	y	Liberty Street Funding LLC		0.175-0.180		02/18/14		5,153,788
	6,040,000	y	Liberty Street Funding LLC		0.175		02/24/14		6,038,414
	3,000,000	y	National Australia Funding Delaware, Inc		0.120		01/02/14		2,999,990
	560,000	y	National Australia Funding Delaware, Inc		0.160		02/18/14		559,881
	3,900,000	y	Nestle Capital Corp		0.095		02/11/14		3,899,578
	4,700,000	y	Nestle Capital Corp		0.105		02/13/14		4,699,411
	6,700,000	y	Old Line Funding LLC		0.180		02/05/14		6,698,827
	5,000,000	y	Old Line Funding LLC		0.240		02/12/14		4,998,600
	2,000,000	y	Old Line Funding LLC		0.180		02/25/14		1,999,450
	1,475,000		PACCAR Financial Corp		0.200		01/10/14		1,474,926
	1,400,000		PACCAR Financial Corp		0.200		01/13/14		1,399,907
	7,191,000		PACCAR Financial Corp		0.115-0.130		01/30/14		7,190,329
	735,000	y	Private Export Funding Corp		0.250		04/07/14		734,510
	1,130,000	y	Procter & Gamble Co		0.100		01/08/14		1,129,978
	4,500,000	y	Procter & Gamble Co		0.090		03/04/14		4,499,303
	5,000,000		Province of Ontario Canada		0.090		01/17/14		4,999,800
	5,000,000		Province of Ontario Canada		0.100		03/13/14		4,999,014
	3,350,000	y	Province of Quebec Canada		0.095		01/09/14		3,349,929
	5,000,000	y	Province of Quebec Canada		0.080		01/14/14		4,999,856
	1,500,000	y	Province of Quebec Canada		0.105		02/10/14		1,499,825
	615,000	y	Province of Quebec Canada		0.110		02/11/14		614,923
	2,600,000	y	Province of Quebec Canada		0.110		02/25/14		2,599,563
	4,000,000	y	PSP Capital, Inc		0.120		01/14/14		3,999,826
	5,000,000	y	PSP Capital, Inc		0.120		01/16/14		4,999,750
	3,000,000	y	PSP Capital, Inc		0.135		01/22/14		2,999,764
	5,000,000	y	PSP Capital, Inc		0.130		02/11/14		4,999,260
	3,000,000	y	PSP Capital, Inc		0.150		03/18/14		2,999,050
	5,000,000	y	PSP Capital, Inc		0.150		03/20/14		4,998,375
	13,258,000		Shell International Finance BV		4.000		03/21/14		13,365,959
	750,000	y	Standard Chartered Bank		0.160		01/14/14		749,956
	1,000,000	y	Standard Chartered Bank		0.170-0.210		01/27/14		999,863
	1,000,000	y	Standard Chartered Bank		0.170		02/05/14		999,835
	4,000,000	y	Standard Chartered Bank		0.150		02/14/14		3,999,266
	3,000,000	y	Standard Chartered Bank		0.230		02/25/14		2,998,946
	1,600,000	y	Standard Chartered Bank		0.150-0.160		02/27/14		1,599,613
	1,725,000	y	Standard Chartered Bank		0.173		03/10/14		1,724,438
	4,000,000	y	Toronto-Dominion Holdings USA, Inc		0.145		01/15/14		3,999,774
	5,000,000	y	Toronto-Dominion Holdings USA, Inc		0.170		02/06/14		4,999,150
	2,740,000		Toyota Motor Credit Corp		0.140		03/05/14		2,739,329
	4,000,000		Toyota Motor Credit Corp		0.160		03/07/14		3,998,844

197

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	2,500,000		Toyota Motor Credit Corp		0.170	%	04/17/14	$	2,498,749
	3,000,000	y	United Overseas Bank Ltd		0.170		01/07/14		2,999,915
	1,350,000	y	United Overseas Bank Ltd		0.150		01/09/14		1,349,955
	5,000,000	y	United Overseas Bank Ltd		0.160		01/14/14		4,999,711
	5,000,000	y	United Overseas Bank Ltd		0.175		03/10/14		4,998,347
	790,000	y	United Overseas Bank Ltd		0.185		03/14/14		789,708
	1,200,000	y	United Overseas Bank Ltd		0.200		03/18/14		1,199,493
	3,000,000	y	United Overseas Bank Ltd		0.225		03/21/14		2,998,519
	3,030,000	y	United Overseas Bank Ltd		0.210		04/14/14		3,028,180
	2,000,000		US Bank NA		0.250		02/28/14		1,999,194
	2,000,000		US Bank NA		0.220		05/19/14		1,998,313
	2,754,000	y	Wal-Mart Stores, Inc		0.125		01/28/14		2,753,742
	1,200,000	y	Westpac Banking Corp		0.210		01/03/14		1,199,986
			TOTAL COMMERCIAL PAPER						332,540,486
GOVERNMENT AGENCY DEBT - 30.7%
	5,500,000		Federal Home Loan Bank (FHLB)		0.060-0.145		01/02/14		5,499,983
	13,340,000		FHLB		0.035-0.130		01/08/14		13,339,789
	4,100,000		FHLB		0.050-0.070		01/09/14		4,099,945
	9,300,000		FHLB		0.040-0.120		01/10/14		9,299,875
	10,687,000		FHLB		0.040-0.195		01/13/14		10,686,711
	5,000,000		FHLB		0.040		01/15/14		4,999,922
	13,000,000		FHLB		0.020-0.140		01/17/14		12,999,351
	5,165,000		FHLB		0.050-0.085		01/22/14		5,164,846
	2,800,000		FHLB		0.070		01/24/14		2,799,875
	535,000		FHLB		0.070		01/28/14		534,972
	1,900,000		FHLB		0.060		01/31/14		1,899,905
	10,300,000		FHLB		0.065-0.083		02/05/14		10,299,279
	12,300,000		FHLB		0.055-0.085		02/07/14		12,299,100
	8,500,000		FHLB		0.070-0.083		02/14/14		8,499,212
	9,160,000		FHLB		0.080-0.085		02/19/14		9,158,950
	4,890,000		FHLB		0.065-0.090		02/26/14		4,889,436
	6,000,000		FHLB		0.065		02/28/14		5,999,372
	14,500,000		FHLB		0.080-0.090		03/07/14		14,497,815
	9,078,000		FHLB		0.085-0.100		03/12/14		9,076,260
	13,000,000		FHLB		0.090-0.095		03/14/14		12,997,560
	2,600,000		FHLB		0.085		03/26/14		2,599,484
	6,200,000		FHLB		0.095-0.100		03/28/14		6,198,557
	11,177,000		FHLB		0.060-0.085		04/02/14		11,175,230
	4,500,000		FHLB		0.110		04/04/14		4,498,721
	1,540,000		Federal Home Loan Mortgage Corp (FHLMC)		0.065-0.070		01/06/14		1,539,986
	1,767,000		FHLMC		0.065		01/13/14		1,766,962
	3,565,000		FHLMC		0.060-0.065		01/14/14		3,564,920
	1,720,000		FHLMC		0.080-0.120		01/15/14		1,719,925
	9,400,000		FHLMC		0.040-0.065		01/21/14		9,399,730
	5,875,000		FHLMC		0.050-0.090		01/27/14		5,874,749
	821,000		FHLMC		0.145		01/29/14		820,907
	5,440,000		FHLMC		0.070-0.130		02/04/14		5,439,590
	2,460,000		FHLMC		0.050-0.090		02/11/14		2,459,782
	3,300,000		FHLMC		0.085		02/18/14		3,299,626
	6,724,000		FHLMC		0.090-0.150		02/24/14		6,722,842
	1,534,000		FHLMC		0.100		03/10/14		1,533,710

198

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	5,000,000		FHLMC		0.090	%	03/11/14	$	4,999,137
	4,000,000		FHLMC		0.100		04/07/14		3,998,933
	40,000		Federal National Mortgage Association (FNMA)		0.160		01/09/14		39,999
	1,500,000		FNMA		0.065		01/22/14		1,499,943
	1,063,000		FNMA		0.060-0.160		01/27/14		1,062,932
	8,300,000		FNMA		0.040		01/29/14		8,299,742
	4,000,000		FNMA		0.065		02/04/14		3,999,755
	795,000		FNMA		0.085		02/12/14		794,921
	6,900,000		FNMA		0.075-0.085		02/19/14		6,899,255
	75,000		FNMA		0.070		02/24/14		74,992
	2,000,000		FNMA		0.065		02/25/14		1,999,801
			TOTAL GOVERNMENT AGENCY DEBT						261,326,289
TREASURY DEBT - 15.5%
	6,000,000		United States Treasury Bill		0.031-0.048		01/09/14		5,999,951
	6,220,000		United States Treasury Bill		0.045-0.050		01/16/14		6,219,873
	6,000,000		United States Treasury Bill		0.032-0.037		01/23/14		5,999,880
	6,567,000		United States Treasury Bill		0.045-0.063		02/06/14		6,566,602
	1,260,000		United States Treasury Bill		0.038		03/20/14		1,259,898
	975,000		United States Treasury Bill		0.035		03/27/14		974,919
	95,000		United States Treasury Bill		0.083		06/19/14		94,963
	9,500,000		United States Treasury Bill		0.076-0.088		06/26/14		9,496,151
	7,975,000		United States Treasury Bill		0.089-0.095		08/21/14		7,970,275
	85,000		United States Treasury Bill		0.090		09/18/14		84,945
	5,000,000		United States Treasury Note		1.000		01/15/14		5,001,803
	9,670,000		United States Treasury Note		0.250		01/31/14		9,671,030
	9,395,000		United States Treasury Note		0.250		02/28/14		9,397,280
	5,090,000		United States Treasury Note		0.250		03/31/14		5,091,523
	6,230,000		United States Treasury Note		1.250		04/15/14		6,250,758
	6,240,000		United States Treasury Note		0.250		04/30/14		6,241,963
	8,000,000		United States Treasury Note		1.000		05/15/14		8,025,374
	8,315,000		United States Treasury Note		0.750		06/15/14		8,337,991
	7,000,000		United States Treasury Note		0.250		06/30/14		7,003,947
	7,355,000		United States Treasury Note		0.625		07/15/14		7,374,328
	8,410,000		United States Treasury Note		0.125		07/31/14		8,410,135
	4,620,000		United States Treasury Note		0.500		08/15/14		4,630,506
	2,000,000		United States Treasury Note		0.250		09/15/14		2,001,167
			TOTAL TREASURY DEBT						132,105,262
VARIABLE RATE SECURITIES - 10.0%
	5,000,000	i	Federal Farm Credit Bank (FFCB)		0.180		01/01/14		5,000,000
	5,000,000	i	FFCB		0.180		01/01/14		4,999,269
	5,000,000	i	FFCB		0.200		01/01/14		5,002,010
	8,000,000	i	FFCB		0.146		01/07/14		7,995,792
	4,500,000	i	FFCB		0.211		01/07/14		4,500,564
	9,000,000	i	FFCB		0.250		02/10/14		8,999,801
	5,000,000	i	FFCB		0.137		04/16/14		5,000,000
	2,580,000	i	FFCB		0.330		05/19/14		2,580,851
	8,500,000	i	FFCB		0.201		07/01/14		8,498,519
	4,600,000	i	FFCB		0.120		10/27/14		4,600,000
	4,500,000	i	Federal Home Loan Bank (FHLB)		0.200		01/01/14		4,500,000
	4,500,000	i	FHLB		0.220		02/14/14		4,502,585

199

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	5,000,000	i	Federal National Mortgage Association (FNMA)		0.147	%	06/20/14	$	4,999,604
	9,500,000	i	Canadian Imperial Bank of Commerce		0.275		01/03/14		9,500,018
	4,000,000	i	Royal Bank of Canada		0.280		06/10/14		4,000,000
			TOTAL VARIABLE RATE SECURITIES						84,679,013
			TOTAL SHORT-TERM INVESTMENTS						850,151,050
			(Cost $850,151,050)
			TOTAL INVESTMENTS- 99.9%						850,151,050
			(Cost $850,151,050)
			OTHER ASSETS & LIABILITIES, NET - 0.1%						549,571
			NET ASSETS - 100.0%					$	850,700,621

i	Floating or variable rate security. Coupon rate reflects the rate at period end.
y	Security exempt from registration under Section 4(2) of the Securities Act of 1933. Such securities are deemed liquid and may be re-sold in transactions exempt from registration only to dealers in that program or other “accredited investors.” At 12/31/2013, the aggregate value of these securities was $222,762,338 or 26.2% of net assets.

200

TIAA-CREF FUNDS – Notes to schedules of investments (unaudited)

Note 1—organization and significant accounting policies

TIAA-CREF Funds (the “Trust”) is a Delaware statutory trust that is registered with the Securities and Exchange Commission (“Commission”) under the Investment Company Act of 1940, as amended (“1940 Act”), as an open-end management investment company. The following are the TIAA-CREF Funds included in this report: Real Estate Securities Fund, Bond Fund, Bond Index Fund, Bond Plus Fund, High-Yield Fund, Inflation-Linked Bond Fund, Short-Term Bond Fund, Social Choice Bond Fund, Tax-Exempt Bond Fund, and the Money Market Fund (collectively, the “Funds” or individually, the “Fund”).

The Funds offer their shares, without a sales load, through their principal underwriter, Teachers Personal Investors Services, Inc. (“TPIS”), which is a wholly owned indirect subsidiary of Teachers Insurance and Annuity Association of America (“TIAA”). Teachers Advisors, Inc. (“Advisors”), a wholly owned indirect subsidiary of TIAA, which is registered with the Commission as an investment adviser and provides investment management services for the Funds. The Funds offer up to four share classes, although any one Fund may not necessarily offer all four classes. The Funds may offer Institutional, Retirement, Retail and Premier Classes of shares. Each class differs by the allocation of class-specific expenses and voting rights in matters affecting a single class.

The accompanying schedules of investments were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) which may require the use of estimates made by management. Actual results may differ from those estimates. The following is a summary of the significant accounting policies consistently followed by the Funds.

Security valuation: For all Funds (other than the Money Market Fund), investments in securities are recorded at their estimated fair value as described in the valuation of investments note to the schedules of investments. Investments held by the Money Market Fund are recorded at amortized cost, which approximates fair value. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter accreting or amortizing any discount or premium to its face value at a constant rate until maturity.

Investment transactions: Security transactions are accounted for as of the trade date for financial reporting purposes.

Foreign currency transactions and translation: Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day using exchange rates obtained from an independent third party. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on realized and unrealized security gains and losses are reflected as a component of security gains and losses.

Transactions with affiliates: The Funds may purchase or sell investment securities in transactions with affiliated entities under procedures adopted by the Board of Trustees (“Board”) pursuant to the 1940 Act. These transactions are effected at market rates without incurring broker commissions.

Note 2—valuation of investments

Portfolio investments are valued at fair value utilizing various valuation methods approved by the Board. U.S. GAAP establishes a hierarchy that prioritizes market inputs to valuation methods. The three levels of inputs are:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.)

201

TIAA-CREF FUNDS – Notes to schedules of investments (unaudited)

• Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments)

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

A description of the valuation techniques applied to the Funds’ major categories of assets and liabilities measured at fair value follows:

Exchange-traded equity securities, common and preferred stock: Equity securities listed or traded on a national market or exchange are valued based on their sale price on such market or exchange at the close of business on the date of valuation, or at the mean of the closing bid and asked prices if no sale is reported. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Foreign investments are valued at the last sale or official closing price reported on the exchange where traded and converted to U.S. dollars at the prevailing rates of exchange on the date of valuation. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Funds’ net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Board. Foreign securities are generally categorized in Level 2 of the fair value hierarchy.

Debt securities: Debt securities will generally be valued using prices provided by a pricing service that may employ various indications of value including but not limited to broker-dealer quotations. Certain debt securities, other than money market instruments, are valued based on the most recent bid price or the equivalent quoted yield for such securities (or those of comparable maturity, quality and type). Debt securities are generally categorized in Level 2 of the fair value hierarchy; in instances where prices, yields or any other key inputs are unobservable, they are categorized in Level 3 of the hierarchy.

Short-term investments: Short-term investments with maturities of 60 days or less are valued at amortized cost. Short-term investments (other than those in the Money Market Fund) with maturities in excess of 60 days are valued in the same manner as debt securities. Short-term investments are generally categorized in Level 2 of the fair value hierarchy. Short-term investments in the Money Market Fund are all valued at amortized cost. Money Market Fund investments are categorized as Level 2 in the fair value hierarchy.

Investments in registered investment companies: These investments are valued at their net asset value on the valuation date. These investments are categorized in Level 1 of the fair value hierarchy.

Credit default swap contracts: Credit default swap contracts are marked-to-market daily based upon a price supplied by a pricing service. Credit default swaps are generally categorized as Level 2 in the fair value hierarchy.

Any portfolio securities for which market quotations are not readily available or for which the above valuation procedures are deemed not to reflect fair value are valued at fair value, as determined in good faith using procedures approved by the Board. To the extent the inputs are observable and timely, the values would be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized as Level 3.

Transfers between levels are recognized at the end of the reporting period. For the period ended December 31, 2013, there were no material transfers between levels by the Funds.

As of December 31, 2013, 100% of the value of investments in the Bond Index Fund, Inflation-Linked Bond Fund, Short-Term Bond Fund, Tax-Exempt Bond Fund, and Money Market Fund were valued based on Level 2 inputs.

202

TIAA-CREF FUNDS – Notes to schedules of investments (unaudited)

The following table summarizes the market value of the Funds’ investments as of December 31, 2013 based on the inputs used to value them:

Fund	Level 1		Level 2			Level 3		Total
Real Estate Securities
Equity Investments:
Diversified real estate activities	$	—	$	4,046,986		$	—	$	4,046,986
Publishing		—		4,541,454			—		4,541,454
All other equity investments(a)		1,249,163,050		—			—		1,249,163,050
Short-term investments		—		7,999,376			—		7,999,376
Total	$	1,249,163,050	$	16,587,816		$	—	$	1,265,750,866
Bond
Bank loan obligations	$	—	$	6,419,776		$	—	$	6,419,776
Corporate bonds		—		837,907,153			—		837,907,153
Government bonds		—		870,230,301			—		870,230,301
Structured assets		—		389,227,949			11,800,684		401,028,633
Short-term investments		—		340,057,087			—		340,057,087
Credit default swaps*		—		(406,247	)		—		(406,247	)
Total	$	—	$	2,443,436,019		$	11,800,684	$	2,455,236,703
Bond Plus
Bank loan obligations	$	—	$	89,108,960		$	—	$	89,108,960
Corporate bonds		—		884,323,158			—		884,323,158
Government bonds		—		859,437,470			—		859,437,470
Structured assets		—		233,100,516			990,000		234,090,516
Short-term investments		—		375,472,882			—		375,472,882
Credit default swaps*		—		(96,533	)		—		(96,533	)
Total	$	—	$	2,441,346,453		$	990,000	$	2,442,336,453
High-Yield
Bank loan obligations	$	—	$	341,745,683		$	—	$	341,745,683
Corporate bonds		—		2,199,214,304			—		2,199,214,304
Preferred stocks		3,987,000		—			—		3,987,000
Short-term investments		—		48,497,112			—		48,497,112
Total	$	3,987,000	$	2,589,457,099		$	—	$	2,593,444,099
Social Choice Bond
Bank loan obligations	$	—	$	250,375		$	—	$	250,375
Corporate bonds		—		35,233,752			—		35,233,752
Government bonds		—		36,473,760			—		36,473,760
Structured assets		—		5,943,506			—		5,943,506
Preferred stocks		228,875		—			—		228,875
Short-term investments		—		6,897,295			—		6,897,295
Total	$	228,875	$	84,798,688		$	—	$	85,027,563

* Derivative instruments are not reflected in the schedules of investments.
(a) For detailed categories, see the accompanying schedules of investments.

203

TIAA-CREF FUNDS – Notes to schedules of investments (unaudited)

Note 3—derivative instruments

As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Derivatives require little or no initial investment and permit or require net settlement. The Funds value derivatives at fair value.

Credit default swap contracts: The Funds are subject to credit risk in the normal course of pursuing their investment objectives. A credit default swap is a contract between a buyer and a seller of protection against pre-defined credit events for the reference entity. As a seller in a credit default swap contract, the Fund is required to pay an agreed upon amount to the counterparty with the occurrence of a specified credit event, such as certain bankruptcies related to an underlying credit instrument, index, or issuer which would likely result in a loss to the Fund. The agreed upon amount approximates the notional value of the swap and is estimated to be the maximum potential future payment that the Fund could be required to make under the contract. In return, the Fund receives from the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Fund keeps the stream of payments with no payment obligations. When the Fund sells a credit default swap contract it will cover its commitment. This may be achieved by, among other methods, maintaining cash or liquid assets in a segregated account equal to the aggregate notional value of the reference entities for all outstanding credit default swap contracts sold by the Fund.

The Fund may also buy credit default swap contracts, in which case the Fund functions as the counterparty referenced above. This involves the risk that the contract may expire worthless. It also involves counterparty risk that the seller may fail to satisfy its payment obligations to the Fund with the occurrence of a credit event.

Credit default swaps are valued daily, and any change in the value of the swaps is reflected separately as a change in unrealized appreciation (depreciation). Under the terms of the credit default swap contracts, the Fund receives or makes quarterly payments based on a payment rate on a fixed notional amount. These payments are recorded as a realized gain or loss. Payments received or made as a result of a credit event or termination of the contract are recognized as realized gains or losses.

The Funds, other than the Money Market Fund, invest in credit default swaps to hedge or manage the risks associated with assets held in the Fund and/or to facilitate the implementation of portfolio strategies.

At December 31, 2013, open credit default swap contracts purchased and sold by the Funds were as follows:

Purchased

Fund	Reference entity	Counterparty	Maturity date	Fixed payments paid by fund per  annum			Implied credit spread at 12/31/2013 (1)			Notional amount (2)		Upfront premium paid (received)			Unrealized appreciation (depreciation)
Bond	Republic of Poland	JP Morgan Chase Bank, N.A.	9/20/18		1.00	%		0.71	%	$	5,000,000	$	12,486		$	(78,036	)
Sold
Fund	Reference entity	Counterparty	Maturity date	Fixed payments received by fund per annum			Implied credit spread at 12/31/2013 (1)			Notional amount (2)		Upfront premium paid (received)			Unrealized appreciation (depreciation)
Bond	Federative Republic of Brazil	UBS AG	9/20/22		1.00	%		2.33	%	$	3,500,000	$	(207,925	)	$	(132,772	)
Bond Plus	Federative Republic of Brazil	UBS AG	9/20/22		1.00			2.33			1,000,000		(59,408	)		(37,125	)
Short-Term Bond	Federative Republic of Brazil	Bank of America	9/20/17		1.00			1.53			3,000,000		(37,626	)		(18,993	)

(1) Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues, U.S. municipal issues or sovereign issues of an emerging country as of period end, serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

(2) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs is defined under the terms of that particular swap agreement.

204

TIAA-CREF FUNDS – Notes to schedules of investments (unaudited)

Note 4—affiliated investments

Companies in which a Fund holds 5% or more of the outstanding voting shares are considered “affiliated companies” of the Fund pursuant to the 1940 Act. As of December 20, 2013, Thomas Properties Group was acquired by Parkway Properties, Inc. Information regarding transactions with affiliated companies is as follows:

Issue	Value at March 31, 2013		Purchase cost		Sales proceeds		Realized gain/(loss)		Dividend income		Withholding expense		Shares at December 31, 2013		Value at December 31, 2013
Real Estate Securities Fund
Thomas Properties Group, Inc	$	19,581,498	$	—	$	—	$	—	$	229,023	$	—		—	$	—

205

TIAA-CREF FUNDS – Notes to schedules of investments (unaudited)

Note 5-investments

Repurchase agreements: Certain Funds may enter into repurchase agreements with banks or broker-dealers. Repurchase agreements involve the purchase of securities from an institution, subject to the seller’s agreement to repurchase and the Fund’s agreement to resell such securities at a mutually agreed-upon price. Pursuant to the terms of the repurchase agreement, securities purchased subject to repurchase agreements must have an aggregate market value greater than or equal to the agreed-upon repurchase price plus accrued interest at all times. If the value of the underlying securities falls below the value of the repurchase price plus accrued interest, the Fund will require the seller to deposit additional collateral by the next business day. If a request for additional collateral is not met, or if the seller defaults on its repurchase obligation, the Fund maintains the right to sell the underlying securities at market value and pursue a claim for any remaining loss against the seller.

Securities purchased on a when-issued or delayed-delivery basis: The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after trade date; interest income is not accrued until settlement date. At the time a Fund enters into such transactions, it is required to have segregated assets with a current value at least equal to the amount of its when-issued or delayed-delivery purchase commitments.

Treasury Inflation-Protected Securities: The Funds (other than the Money Market Fund) may invest in Treasury Inflation-Protected Securities, specially structured bonds in which the principal amount is adjusted periodically to keep pace with inflation, as measured by the U.S. Consumer Price Index.

Dollar rolls transactions: Some of the Funds may enter into mortgage dollar rolls in which a Fund sells mortgage securities for delivery in the current month, realizing a gain (loss), and simultaneously contracts to repurchase similar securities on a specified future date. During the roll period, a Fund forgoes principal and interest paid on the securities. The Fund is compensated by the interest earned on the cash proceeds of the initial sale and by the lower repurchase price at the future date. The difference between the sales proceeds and the lower repurchase price is recorded as a realized gain. The Fund maintains a segregated account, the dollar value of which is at least equal to its obligations with respect to dollar rolls.

Net unrealized appreciation (depreciation): At December 31, 2013, net unrealized appreciation (depreciation) based on the aggregate cost of portfolio investments for federal income tax purposes, consisting of gross unrealized appreciation and gross unrealized depreciation, was as follows:

Fund	Book cost		Gross unrealized appreciation		Gross unrealized (depreciation)			Net unrealized appreciation (depreciation)
Real Estate Securities	$	1,120,006,912	$	168,759,296	$	(23,015,342	)	$	145,743,954
Bond		2,453,906,452		34,882,620		(33,146,122	)		1,736,498
Bond Index		4,890,890,530		41,751,060		(104,295,220	)		(62,544,160	)
Bond Plus		2,436,162,894		31,675,851		(25,405,759	)		6,270,092
High-Yield		2,533,302,823		83,383,931		(23,242,655	)		60,141,276
Inflation-Linked Bond		1,719,344,868		64,191,335		(47,655,828	)		16,535,507
Short-Term Bond		1,233,482,740		7,906,817		(4,544,526	)		3,362,291
Social Choice Bond		86,696,549		147,415		(1,816,401	)		(1,668,986	)
Tax-Exempt Bond		341,022,037		6,250,013		(2,572,634	)		3,677,379

206

Item 2. Controls and Procedures.

(a) An evaluation was performed within 90 days of the filing date of the report under the supervision of the Registrant’s management, including the principal executive officer and principal financial officer, of the effectiveness of the design and operation of the Registrant’s disclosure controls and procedures. Based on that evaluation, the Registrant’s management, including the principal executive officer and principal financial officer, concluded that the Registrant’s disclosure controls and procedures were effective for this quarterly reporting period.

(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 3. Exhibits.

3(a) Section 302 certification of the principal executive officer

3(b) Section 302 certification of the principal financial officer

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	TIAA-CREF FUNDS
Date: February 19, 2014		By:	/s/ Robert G. Leary_
			Robert G. Leary
			President and Principal Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

Date: February 19, 2014	By:	/s/ Robert G. Leary_
		Robert G. Leary
		President and Principal Executive Officer (principal executive officer)

Date: February 19, 2014	By:	/s/ Phillip G. Goff_
		Phillip G. Goff
		Principal Financial Officer, Principal Accounting Officer and Treasurer (principal financial officer)

EXHIBIT LIST

Item 3. Exhibits.

3(a) Section 302 certification of the principal executive officer

3(b) Section 302 certification of the principal financial officer