0000930413-17-001079.txt : 20170317 0000930413-17-001079.hdr.sgml : 20170317 20170317143245 ACCESSION NUMBER: 0000930413-17-001079 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 91 FILED AS OF DATE: 20170317 DATE AS OF CHANGE: 20170317 EFFECTIVENESS DATE: 20170317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIAA-CREF FUNDS CENTRAL INDEX KEY: 0001084380 IRS NUMBER: 134055167 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-76651 FILM NUMBER: 17697495 BUSINESS ADDRESS: STREET 1: 730 THIRD AVE. CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129166746 MAIL ADDRESS: STREET 1: 730 THIRD AVE. CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TIAA CREF INSTITUTIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 19990415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIAA-CREF FUNDS CENTRAL INDEX KEY: 0001084380 IRS NUMBER: 134055167 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-09301 FILM NUMBER: 17697496 BUSINESS ADDRESS: STREET 1: 730 THIRD AVE. CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129166746 MAIL ADDRESS: STREET 1: 730 THIRD AVE. CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TIAA CREF INSTITUTIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 19990415 0001084380 S000005360 TIAA-CREF Equity Index Fund C000014611 Institutional Class TIEIX C000033987 Retirement Class TIQRX C000033988 Retail Class TINRX C000079551 Premier Class TCEPX C000162542 Advisor Class TEIHX 0001084380 S000005361 TIAA-CREF S&P 500 Index Fund C000014612 Institutional Class TISPX C000014613 Retirement Class TRSPX C000162543 Advisor Class TISAX 0001084380 S000005367 TIAA-CREF Small-Cap Blend Index Fund C000014624 Institutional Class TISBX C000014625 Retirement Class TRBIX C000162544 Advisor Class TRHBX 0001084380 S000005368 TIAA-CREF International Equity Index Fund C000014626 Institutional Class TCIEX C000014627 Retirement Class TRIEX C000079552 Premier Class TRIPX C000162545 Advisor Class TCIHX 0001084380 S000005370 TIAA-CREF Growth & Income Fund C000014631 Institutional Class TIGRX C000014632 Retirement Class TRGIX C000033989 Retail Class TIIRX C000079554 Premier Class TRPGX C000162547 Advisor Class TGIHX 0001084380 S000005371 TIAA-CREF Social Choice Equity Fund C000014633 Institutional Class TISCX C000014634 Retirement Class TRSCX C000033990 Retail Class TICRX C000079555 Premier Class TRPSX C000162548 Advisor Class TICHX 0001084380 S000005381 TIAA-CREF International Equity Fund C000014645 Institutional Class TIIEX C000014646 Retirement Class TRERX C000033996 Retail Class TIERX C000079565 Premier Class TREPX C000162558 Advisor Class TIEHX 0001084380 S000005383 TIAA-CREF Large-Cap Value Fund C000014648 Institutional Class TRLIX C000014649 Retail Class TCLCX C000014650 Retirement Class TRLCX C000079567 Premier Class TRCPX C000162560 Advisor Class TRLHX 0001084380 S000005384 TIAA-CREF Mid-Cap Growth Fund C000014651 Institutional Class TRPWX C000014652 Retail Class TCMGX C000014653 Retirement Class TRGMX C000079568 Premier Class TRGPX C000162561 Advisor Class TCMHX 0001084380 S000005385 TIAA-CREF Mid-Cap Value Fund C000014654 Institutional Class TIMVX C000014655 Retail Class TCMVX C000014656 Retirement Class TRVRX C000079569 Premier Class TRVPX C000162562 Advisor Class TRVHX 0001084380 S000005386 TIAA-CREF Small-Cap Equity Fund C000014657 Institutional Class TISEX C000014658 Retail Class TCSEX C000014659 Retirement Class TRSEX C000079570 Premier Class TSRPX C000162563 Advisor Class TSCHX 0001084380 S000005387 TIAA-CREF Large-Cap Growth Index Fund C000014660 Institutional Class TILIX C000014661 Retirement Class TRIRX C000162564 Advisor Class TRIHX 0001084380 S000005388 TIAA-CREF Large-Cap Value Index Fund C000014662 Institutional Class TILVX C000014663 Retirement Class TRCVX C000162565 Advisor Class THCVX 0001084380 S000012197 TIAA-CREF Large-Cap Growth Fund C000033280 Retail Class TIRTX C000033281 Retirement Class TILRX C000033282 Institutional Class TILGX C000079573 Premier Class TILPX C000162568 Advisor Class TILHX 0001084380 S000019656 TIAA-CREF Enhanced International Equity Index Fund C000054988 Institutional Class TFIIX C000162571 Advisor Class TEIEX 0001084380 S000019657 TIAA-CREF Enhanced Large-Cap Growth Index Fund C000054989 Institutional Class TLIIX C000162572 Advisor Class TECGX 0001084380 S000019658 TIAA-CREF Enhanced Large-Cap Value Index Fund C000054990 Institutional Class TEVIX C000162573 Advisor Class TELCX 0001084380 S000029604 TIAA-CREF Emerging Markets Equity Fund C000090850 Retail Class TEMRX C000090851 Retirement Class TEMSX C000090852 Premier Class TEMPX C000090853 Institutional Class TEMLX C000162588 Advisor Class TEMHX 0001084380 S000029605 TIAA-CREF Emerging Markets Equity Index Fund C000090854 Retail Class TEQKX C000090855 Retirement Class TEQSX C000090856 Premier Class TEQPX C000090857 Institutional Class TEQLX C000162589 Advisor Class TEQHX 0001084380 S000034062 TIAA-CREF Global Natural Resources Fund C000104992 Institutional Class TNRIX C000107737 Premier Class TNRPX C000107738 Retail Class TNRLX C000107739 Retirement Class TNRRX C000162592 Advisor Class TNRHX 0001084380 S000040206 TIAA-CREF International Opportunities Fund C000124962 Institutional Class TIOIX C000124963 Premier Class TIOPX C000124964 Retail Class TIOSX C000124965 Retirement Class TIOTX C000162599 Advisor Class TIOHX 0001084380 S000046660 TIAA-CREF Emerging Markets Debt Fund C000145608 Institutional Class TEDNX C000145609 Premier Class TEDPX C000145610 Retail Class TEDLX C000145611 Retirement Class TEDTX C000162600 Advisor Class TEDHX 0001084380 S000050279 TIAA-CREF Social Choice International Equity Fund C000158754 Institutional Class TSONX C000158755 Premier Class TSOPX C000158756 Retail Class TSORX C000158757 Retirement Class TSOEX C000162604 Advisor Class TSOHX 0001084380 S000050280 TIAA-CREF Social Choice Low Carbon Equity Fund C000158758 Premier Class TPWCX C000158759 Retail Class TLWCX C000158760 Retirement Class TEWCX C000158761 Institutional Class TNWCX C000162605 Advisor Class TCCHX 0001084380 S000054622 TIAA-CREF International Bond Fund C000171516 Advisor Class TIBNX C000171517 Institutional Class TIBWX C000171518 Premier Class TIBLX C000171519 Retail Class TIBEX C000171520 Retirement Class TIBVX 0001084380 S000054623 TIAA-CREF Small/Mid-Cap Equity Fund C000171521 Retirement Class TSMOX C000171522 Advisor Class TSMNX C000171523 Institutional Class TSMWX C000171524 Premier Class TSMMX C000171525 Retail Class TSMEX 0001084380 S000055721 TIAA-CREF International Small-Cap Equity Fund C000175453 Advisor Class TAISX C000175454 Institutional Class TIISX C000175455 Premier Class TPISX C000175456 Retail Class TLISX C000175457 Retirement Class TTISX 485BPOS 1 c87083_485bpos.htm

As filed with the Securities and Exchange Commission on March 17, 2017
File Nos. 333-76651, 811-09301

 

 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM N-1A

 

  REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 x
  Pre-Effective Amendment No. o
  Post-Effective Amendment No. 103 x
  and/or  
  REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT
OF 1940
x
  Amendment No. 106 x
  (Check appropriate box or boxes)  
     

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)
Registrant’s Telephone Number, including Area Code: (800) 842-2733

 

Jeremy D. Franklin, Esq.

John M. McCann, Esq.
TIAA-CREF Funds
8500 Andrew Carnegie Blvd.
Charlotte, North Carolina 28262

 

(Name and Address of Agent for Service)

 

Copy to:
Jeffrey S. Puretz, Esq.
Dechert LLP
1900 K Street, N.W.
Washington, D.C. 20006

 

Approximate Date of Proposed Public Offering:
As soon as practicable after effectiveness of the Registration Statement.

 

It is proposed that this filing will become effective (check appropriate box):

 

x Immediately upon filing pursuant to paragraph (b)
o On (date) pursuant to paragraph (b)
o 60 days after filing pursuant to paragraph (a)(1)
o 75 days after filing pursuant to paragraph (a)(2)
o On (date) pursuant to paragraph (a)(1)
o On (date) pursuant to paragraph (a)(2) of rule 485

 

If appropriate, check the following box:

 

o This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 

Explanatory Note

 

This post-effective amendment on Form 485BPOS is being submitted for the sole purpose of furnishing, in Exhibit 101, XBRL Interactive Data for the related official 485BPOS filing which was submitted to the Commission on February 27, 2017.

 

No other changes have been made to this Form 485BPOS. This Form 485BPOS does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update any related disclosures made in the related official Form 485BPOS.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, TIAA-CREF Funds certifies that it meets all the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of New York, and State of New York on the 17th day of March, 2017.

 

  TIAA-CREF FUNDS
     
  By:   /s/Robert G. Leary       
  Name: Robert G. Leary
  Title: President and Principal Executive Officer

 

Pursuant to the requirements of the Securities Act, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.

 

Signature     Title     Date  
         
/s/Robert G. Leary   President and Principal Executive Officer   March 17, 2017
Robert G. Leary   (Principal Executive Officer)    
         
/s/Glenn E. Brightman   Principal Financial Officer,   March 17, 2017
Glenn E. Brightman   Principal Accounting Officer and Treasurer    
    (Principal Financial and Accounting Officer)    
 
SIGNATURE OF TRUSTEE   DATE   SIGNATURE OF TRUSTEE   DATE
             
*   March 17, 2017   *   March 17, 2017
Forrest Berkley       Thomas J. Kenny    
             
*   March 17, 2017   *   March 17, 2017
Nancy A. Eckl       Bridget A. Macaskill    
             
*   March 17, 2017   *   March 17, 2017
Michael A. Forrester       James M. Poterba    
             
*   March 17, 2017   *   March 17, 2017
Howell E. Jackson       Maceo K. Sloan    
             
        *   March 17, 2017
      Laura T. Starks    
             
/s/Rachael M. Zufall            
Rachael M. Zufall            
as attorney-in-fact   March 17, 2017        

 

* Signed by Rachael M. Zufall pursuant to powers of attorney previously filed with the Securities and Exchange Commission.

 

EXHIBIT LIST

 

101.INS XBRL Instance Document
101.SCH XBRL Taxonomy Extension Schema
101.DEF XBRL Taxonomy Extension Definition Linkbase
101.LAB XBRL Taxonomy Extension Label Linkbase
101.PRE XBRL Taxonomy Extension Presentation Linkbase
 
GRAPHIC 3 x4_c87083a001.jpg GRAPHIC begin 644 x4_c87083a001.jpg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end EX-101.INS 4 cik0001084380-20170227.xml 0001084380 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member cik0001084380:C000090853Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member cik0001084380:C000162588Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member cik0001084380:C000090852Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member cik0001084380:C000090851Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member cik0001084380:C000090850Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000090853Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000090853Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029604Member cik0001084380:index_MSCI_Emerging_Markets_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019656Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019656Member cik0001084380:C000054988Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019656Member cik0001084380:C000162571Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019656Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000054988Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019656Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000054988Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019656Member cik0001084380:index_MSCI_EAFE_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member cik0001084380:C000104992Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member cik0001084380:C000162592Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member cik0001084380:C000107737Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member cik0001084380:C000107739Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member cik0001084380:C000107738Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000104992Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000104992Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000034062Member cik0001084380:index_MSCI_All_Country_World_Commodity_Producers_Sector_Capped_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member cik0001084380:C000014645Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member cik0001084380:C000162558Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member cik0001084380:C000079565Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member cik0001084380:C000014646Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member cik0001084380:C000033996Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014645Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014645Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005381Member cik0001084380:index_MSCI_EAFE_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member cik0001084380:C000124962Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member cik0001084380:C000162599Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member cik0001084380:C000124963Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member cik0001084380:C000124965Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member cik0001084380:C000124964Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000124962Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000124962Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000040206Member cik0001084380:index_MSCI_All_Country_World_Index_ex_USA_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000055721Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000055721Member cik0001084380:C000175454Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000055721Member cik0001084380:C000175453Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000055721Member cik0001084380:C000175455Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000055721Member cik0001084380:C000175457Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000055721Member cik0001084380:C000175456Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member cik0001084380:C000158754Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member cik0001084380:C000162604Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member cik0001084380:C000158755Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member cik0001084380:C000158757Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member cik0001084380:C000158756Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000158754Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000158754Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050279Member cik0001084380:index_MSCI_EAFE_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member cik0001084380:C000145608Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member cik0001084380:C000162600Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member cik0001084380:C000145609Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member cik0001084380:C000145611Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member cik0001084380:C000145610Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000145608Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000145608Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000046660Member cik0001084380:index_JPMorgan_Emerging_Markets_Bond_Index_EMBI_Global_Diversified_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054622Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054622Member cik0001084380:C000171517Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054622Member cik0001084380:C000171516Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054622Member cik0001084380:C000171518Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054622Member cik0001084380:C000171520Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054622Member cik0001084380:C000171519Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019657Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019657Member cik0001084380:C000054989Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019657Member cik0001084380:C000162572Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019657Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000054989Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019657Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000054989Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019657Member cik0001084380:index_Russell_1000_Growth_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019658Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019658Member cik0001084380:C000054990Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019658Member cik0001084380:C000162573Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019658Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000054990Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019658Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000054990Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000019658Member cik0001084380:index_Russell_1000_Value_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member cik0001084380:C000014631Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member cik0001084380:C000162547Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member cik0001084380:C000079554Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member cik0001084380:C000014632Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member cik0001084380:C000033989Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014631Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014631Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005370Member cik0001084380:index_SP_500_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member cik0001084380:C000033282Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member cik0001084380:C000162568Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member cik0001084380:C000079573Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member cik0001084380:C000033281Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member cik0001084380:C000033280Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000033282Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000033282Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000012197Member cik0001084380:index_Russell_1000_Growth_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member cik0001084380:C000014648Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member cik0001084380:C000162560Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member cik0001084380:C000079567Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member cik0001084380:C000014650Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member cik0001084380:C000014649Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014648Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014648Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005383Member cik0001084380:index_Russell_1000_Value_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member cik0001084380:C000014651Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member cik0001084380:C000162561Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member cik0001084380:C000079568Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member cik0001084380:C000014653Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member cik0001084380:C000014652Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014651Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014651Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005384Member cik0001084380:index_Russell_Midcap_Growth_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member cik0001084380:C000014654Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member cik0001084380:C000162562Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member cik0001084380:C000079569Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member cik0001084380:C000014656Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member cik0001084380:C000014655Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014654Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014654Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005385Member cik0001084380:index_Russell_Midcap_Value_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member cik0001084380:C000014657Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member cik0001084380:C000162563Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member cik0001084380:C000079570Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member cik0001084380:C000014659Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member cik0001084380:C000014658Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014657Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014657Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005386Member cik0001084380:index_Russell_2000_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054623Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054623Member cik0001084380:C000171523Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054623Member cik0001084380:C000171522Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054623Member cik0001084380:C000171524Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054623Member cik0001084380:C000171521Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000054623Member cik0001084380:C000171525Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member cik0001084380:C000014633Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member cik0001084380:C000162548Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member cik0001084380:C000079555Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member cik0001084380:C000014634Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member cik0001084380:C000033990Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014633Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014633Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005371Member cik0001084380:index_Russell_3000_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member cik0001084380:C000158761Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member cik0001084380:C000162605Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member cik0001084380:C000158758Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member cik0001084380:C000158760Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member cik0001084380:C000158759Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000158761Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000158761Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000050280Member cik0001084380:index_Russell_3000_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member cik0001084380:C000014611Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member cik0001084380:C000162542Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member cik0001084380:C000079551Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member cik0001084380:C000033987Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member cik0001084380:C000033988Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014611Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014611Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005360Member cik0001084380:index_Russell_3000_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member cik0001084380:C000014660Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member cik0001084380:C000162564Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member cik0001084380:C000014661Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014660Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014660Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005387Member cik0001084380:index_Russell_1000_Growth_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member cik0001084380:C000014662Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member cik0001084380:C000162565Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member cik0001084380:C000014663Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014662Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014662Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005388Member cik0001084380:index_Russell_1000_Value_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member cik0001084380:C000014612Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member cik0001084380:C000162543Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member cik0001084380:C000014613Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014612Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014612Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005361Member cik0001084380:index_SP_500_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member cik0001084380:C000014624Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member cik0001084380:C000162544Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member cik0001084380:C000014625Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014624Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014624Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005367Member cik0001084380:index_Russell_2000_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member cik0001084380:C000090857Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member cik0001084380:C000162589Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member cik0001084380:C000090856Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member cik0001084380:C000090855Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member cik0001084380:C000090854Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000090857Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000090857Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000029605Member cik0001084380:index_MSCI_Emerging_Markets_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member cik0001084380:C000014626Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member cik0001084380:C000162545Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member cik0001084380:C000079552Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member cik0001084380:C000014627Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member rr:AfterTaxesOnDistributionsMember cik0001084380:C000014626Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001084380:C000014626Member 2016-10-31 2016-10-31 0001084380 cik0001084380:S000005368Member cik0001084380:index_MSCI_EAFE_Index_reflects_no_deductions_for_fees_expenses_or_taxesMember 2016-10-31 2016-10-31 iso4217:USD xbrli:pure Estimate is for the current fiscal year. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.95% of average daily net assets for Institutional Class shares; (ii) 1.10% of average daily net assets for Advisor Class shares; (iii) 1.10% of average daily net assets for Premier Class shares; (iv) 1.20% of average daily net assets for Retirement Class shares; and (v) 1.34% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower. Performance is calculated from the inception date of the Institutional Class. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.50% of average daily net assets for Institutional Class shares; and (ii) 0.65% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.75% of average daily net assets for Institutional Class shares; (ii) 0.90% of average daily net assets for Advisor Class shares; (iii) 0.90% of average daily net assets for Premier Class shares; (iv) 1.00% of average daily net assets for Retirement Class shares; and (v) 1.14% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.60% of average daily net assets for Institutional Class shares; (ii) 0.75% of average daily net assets for Advisor Class shares; (iii) 0.75% of average daily net assets for Premier Class shares; (iv) 0.85% of average daily net assets for Retirement Class shares; and (v) 0.99% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.70% of average daily net assets for Institutional Class shares; (ii) 0.85% of average daily net assets for Advisor Class shares; (iii) 0.85% of average daily net assets for Premier Class shares; (iv) 0.95% of average daily net assets for Retirement Class shares; and (v) 1.09% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Estimates for the current fiscal year. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; (ii) 0.55% of average daily net assets for Advisor Class shares; (iii) 0.55% of average daily net assets for Premier Class shares; (iv) 0.65% of average daily net assets for Retirement Class shares; and (v) 0.79% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.65% of average daily net assets for Institutional Class shares; (ii) 0.80% of average daily net assets for Advisor Class shares; (iii) 0.80% of average daily net assets for Premier Class shares; (iv) 0.90% of average daily net assets for Retirement Class shares; and (v) 1.00% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; and (ii) 0.55% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.55% of average daily net assets for Institutional Class shares; (ii) 0.70% of average daily net assets for Advisor Class shares; (iii) 0.70% of average daily net assets for Premier Class shares; (iv) 0.80% of average daily net assets for Retirement Class shares; and (v) 0.94% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.53% of average daily net assets for Institutional Class shares; (ii) 0.68% of average daily net assets for Advisor Class shares; (iii) 0.68% of average daily net assets for Premier Class shares; (iv) 0.78% of average daily net assets for Retirement Class shares; and (v) 0.92% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.22% of average daily net assets for Institutional Class shares; (ii) 0.37% of average daily net assets for Advisor Class shares; (iii) 0.37% of average daily net assets for Premier Class shares; (iv) 0.47% of average daily net assets for Retirement Class shares; and (v) 0.61% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.32% of average daily net assets for Institutional Class shares; (ii) 0.47% of average daily net assets for Advisor Class shares; (iii) 0.47% of average daily net assets for Premier Class shares; (iv) 0.57% of average daily net assets for Retirement Class shares; and (v) 0.71% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.09% of average daily net assets for Institutional Class shares; (ii) 0.24% of average daily net assets for Advisor Class shares; (iii) 0.24% of average daily net assets for Premier Class shares; (iv) 0.34% of average daily net assets for Retirement Class shares; and (v) 0.48% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.09% of average daily net assets for Institutional Class shares; (ii) 0.24% of average daily net assets for Advisor Class shares; and (iii) 0.34% of average daily net assets for Retirement Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. "Acquired fund fees and expenses" are the Fund's proportionate amount of the expenses of any investment companies or pools in which the Fund invests. These expenses are not paid directly by Fund shareholders. Instead, Fund shareholders bear these expenses indirectly as a result of the Fund's investments. Because "Acquired fund fees and expenses" are included in the chart above, the Fund's operating expenses here will not correlate with the expenses included in the Financial highlights in this Prospectus and the Fund's annual report. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.25% of average daily net assets for Institutional Class shares; (ii) 0.40% of average daily net assets for Advisor Class shares; (iii) 0.40% of average daily net assets for Premier Class shares; (iv) 0.50% of average daily net assets for Retirement Class shares; and (v) 0.64% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.15% of average daily net assets for Institutional Class shares; (ii) 0.30% of average daily net assets for Advisor Class shares; (iii) 0.30% of average daily net assets for Premier Class shares; and (iv) 0.40% of average daily net assets for Retirement Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees. TIAA-CREF FUNDS 485BPOS false 0001084380 2016-10-31 2017-02-27 2017-03-01 2017-03-01 TIAA-CREF Emerging Markets Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 96 104 111 121 136 300 325 347 378 429 520 563 601 654 743 1155 1248 1329 1443 1633 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20003 column dei_LegalEntityAxis compact cik0001084380_S000029604Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 195% of the average value of its portfolio.</p> 1.95 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of emerging market issuers or in instruments with economic characteristics similar to emerging market equity securities. The Fund considers an &#8220;emerging market security&#8221; to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that has primary operations in an emerging market. The Fund generally defines an &#8220;emerging market&#8221; as any of the countries or markets represented in the Fund&#8217;s benchmark index, the MSCI Emerging Markets<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index (&#8220;MSCI EM Index&#8221;), or any other country or market with similar emerging characteristics. The stock selection decisions of the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), drive Advisors&#8217; country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund&#8217;s sector and country exposure against the MSCI EM Index to assess its comparative investment exposures. Advisors looks for companies of any size that it believes have sustainable earnings growth, focused management with successful track records, unique and easy-to-understand franchises (brands), stock prices that do not fully reflect the stock&#8217;s potential value (based on current earnings, assets, and long-term growth prospects), and consistent generation of free cash flow. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0085 0.0085 0.0085 0.0085 0.0085 0.0015 0.0025 0.0009 0.0017 0.0009 0.0034 0.0026 0.0094 0.0102 0.0109 0.0119 0.0136 -0.0002 0.0094 0.0102 0.0109 0.0119 0.0134 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact cik0001084380_S000029604Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact cik0001084380_S000029604Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of emerging markets equity investments. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Equity Fund -0.2057 0.2048 -0.0037 -0.0775 -0.1285 0.0596 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20004 column dei_LegalEntityAxis compact cik0001084380_S000029604Member column rr_ProspectusShareClassAxis compact cik0001084380_C000090853Member row primary compact * ~ Best quarter: 0.1399 2012-03-31 Worst quarter: -0.2377 2011-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 13.99%, for the quarter ended March 31, 2012. Worst quarter: -23.77%, for the quarter ended September 30, 2011.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0596 0.0045 -0.0067 0.0592 0.0034 -0.0076 0.0376 0.0049 -0.0037 0.0582 0.0042 -0.0069 0.0571 0.0030 -0.0082 0.0571 0.0019 -0.0092 0.0541 0.0003 -0.0107 0.1119 0.0128 0.0057 2010-08-31 2010-08-31 2010-08-31 2015-12-04 2010-08-31 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20005 column dei_LegalEntityAxis compact cik0001084380_S000029604Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="12" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="12" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="12" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Enhanced International Equity Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 42 52 132 164 230 285 518 640 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20010 column dei_LegalEntityAxis compact cik0001084380_S000019656Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 100% of the average value of its portfolio.</p> 1.00 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers included in the Fund&#8217;s benchmark index, the Morgan Stanley Capital International EAFE<sup>&#174;</sup>(Europe, Australasia, Far East) Index (the &#8220;MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index&#8221;), at the time of purchase, but not necessarily at index weightings. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund follows an enhanced index management strategy. The Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), actively uses quantitative analysis to attempt to enhance the Fund&#8217;s performance relative to the MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index measures stock performance in certain countries outside North America. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Enhanced index strategies employ quantitative modeling techniques for stock&#160;selection, country allocation and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to&#160;build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund&#8217;s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative&#160;risks.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to&#160;either not hold or underweight securities that score low in the screening process. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund&#8217;s investment strategies. The Fund&#8217;s strategy is&#160;based upon Advisors&#8217; understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors&#8217; analysis.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Enhanced Index Risk</font>&#8212;As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Derivatives Risk</font>&#8212;The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0039 0.0039 0.0002 0.0012 0.0041 0.0051 0.0041 0.0051 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20008 column dei_LegalEntityAxis compact cik0001084380_S000019656Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20009 column dei_LegalEntityAxis compact cik0001084380_S000019656Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. </p> <br/><p style="text-align: left; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced International Equity Index Fund -0.4345 0.2695 0.0978 -0.1139 0.1881 0.2395 -0.0408 -0.0065 0.0026 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20011 column dei_LegalEntityAxis compact cik0001084380_S000019656Member column rr_ProspectusShareClassAxis compact cik0001084380_C000054988Member row primary compact * ~ Best quarter: 0.2511 2009-06-30 Worst quarter: -0.2099 2008-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 25.11%, for the quarter ended June 30, 2009. Worst quarter: -20.99%, for the quarter ended September 30, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0026 0.0707 -0.0052 -0.0038 0.0578 -0.0127 0.0069 0.0545 -0.0035 0.0008 0.0706 -0.0052 0.0100 0.0653 -0.0059 2015-12-04 2007-11-30 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20012 column dei_LegalEntityAxis compact cik0001084380_S000019656Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="12" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="12" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="12" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Global Natural Resources Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 77 87 92 102 116 246 278 296 327 373 430 485 516 570 650 963 1082 1151 1267 1439 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20017 column dei_LegalEntityAxis compact cik0001084380_S000034062Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 365% of the average value of its portfolio.</p> 3.65 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in securities of issuers that are primarily engaged in the ownership, development, exploration, production, distribution or processing of natural resources, as well as in securities of companies that are suppliers to firms producing natural resources, in instruments with economic characteristics similar to natural resources securities or in direct holdings of natural resources. The Fund will primarily invest in equity securities, but, from time to time, the Fund may also invest in debt securities of issuers engaged in or related to the natural resources sector. The Fund generally defines &#8220;natural resources&#8221; as energy, metals, agriculture and other commodities, as well as related products and services. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is considered to be &#8220;non-diversified,&#8221; which means it may invest in fewer issuers than a &#8220;diversified&#8221; fund. Due to the Fund&#8217;s substantial investment in issuers within the natural resources sector, the Fund&#8217;s investments are considered to be &#8220;concentrated&#8221; in this sector.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Typically, the Fund will invest in issuers listed in at least three countries outside the United States, and will invest at least 40% of its assets in foreign issuers. However, when market conditions warrant, the Fund may invest a higher percentage in U.S. issuers. In such cases, the Fund will invest at least 30% in foreign issuers. The investment selection decisions of the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), drives country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund&#8217;s issuer, natural resource sub-sector and country exposure against its benchmark index, the MSCI All Country World Commodity Producers Sector Capped Index (the &#8220;Index&#8221;), to assess the Fund&#8217;s relative investment exposures. Advisors looks to invest the Fund&#8217;s assets globally in financial instruments of well-positioned companies in the natural resources sector, both in developed and emerging markets. In selecting the Fund&#8217;s investments, Advisors generally favors companies that it believes are resource-rich, have growth potential and trade at relatively attractive valuations, regardless of their geographical location. The Fund may also invest in companies that Advisors believes are well-positioned as suppliers to the natural resources sector, or benefit in some way from the natural resources value chain. The Fund may also hold certain natural resources directly, such as precious metals or timberland, subject to regulatory illiquidity limits and other restrictions. The Fund may invest in issuers with various levels of market capitalization. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Industry/Sector Concentration Risk</font>&#8212;The risk that focusing on investment in specific industries or sectors makes a fund more vulnerable to developments particularly affecting those industries or sectors than a more broadly diversified fund would be. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Risks of Investing in Natural Resources Investments</font>&#8212;The value of the Fund&#8217;s investments in financial instruments of natural resources issuers and directly in natural resources may be affected by various factors, including increased market volatility, natural events, inflationary pressure and national and international politics, causing the Fund to perform poorly. In addition, direct investments in natural resources, such as holding precious metals, are generally more illiquid than securities holdings, which could result in difficulty in their disposal in a timely and favorable manner.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Non-Diversification Risk</font>&#8212;The Fund is considered to be &#8220;non-diversified,&#8221; which means that it can invest a greater percentage of its assets in the securities of a single issuer than a &#8220;diversified&#8221; fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund&#8217;s return since it may represent a larger portion of the Fund&#8217;s total portfolio assets. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. The Fund is considered to be &#8220;non-diversified,&#8221; which means that it can invest a greater percentage of its assets in the securities of a single issuer than a &#8220;diversified&#8221; fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund&#8217;s return since it may represent a larger portion of the Fund&#8217;s total portfolio assets. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0065 0.0065 0.0065 0.0065 0.0065 0.0015 0.0025 0.0013 0.0023 0.0014 0.0039 0.0029 0.0078 0.0088 0.0094 0.0104 0.0119 -0.0003 -0.0003 -0.0004 -0.0004 -0.0005 0.0075 0.0085 0.0090 0.0100 0.0114 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20015 column dei_LegalEntityAxis compact cik0001084380_S000034062Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20016 column dei_LegalEntityAxis compact cik0001084380_S000034062Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, from investments related to the natural resources sector. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Global Natural Resources Fund 0.0989 -0.0254 -0.1164 -0.2175 0.3318 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20018 column dei_LegalEntityAxis compact cik0001084380_S000034062Member column rr_ProspectusShareClassAxis compact cik0001084380_C000104992Member row primary compact * ~ Best quarter: 0.1087 2016-12-31 Worst quarter: -0.1681 2015-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 10.87%, for the quarter ended December 31, 2016. Worst quarter: -16.81%, for the quarter ended September 30, 2015.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.3318 -0.0028 -0.0096 0.3216 -0.0075 -0.0142 0.1952 -0.0017 -0.0068 0.3310 -0.0026 -0.0094 0.3303 -0.0042 -0.0109 0.3280 -0.0052 -0.0119 0.3264 -0.0067 -0.0134 0.3132 -0.0178 -0.0234 2015-12-04 2011-11-01 2011-11-01 2011-11-01 2011-11-01 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20019 column dei_LegalEntityAxis compact cik0001084380_S000034062Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="12" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="12" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="12" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF International Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 50 57 65 76 80 157 179 205 237 249 274 313 357 411 433 616 701 798 918 966 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20024 column dei_LegalEntityAxis compact cik0001084380_S000005381Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 95% of the average value of its portfolio.</p> 0.95 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. The Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), selects individual stocks, and lets the Fund&#8217;s country and regional asset allocations evolve from their stock selection. The Fund may invest in emerging markets to varying degrees, depending on the prevalence of stock specific opportunities. The Fund typically invests in companies of all sizes, including smaller, lesser-known companies where Advisors believes it has some unique insights into the company. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors typically invests in companies that can demonstrate an ability to generate free cash flow and strong market share. In addition, Advisors looks for companies with performance oriented management that focuses on growth through innovation, sustainable earnings growth and shareholder returns. Advisors will typically invest in these types of companies when Advisors believes that their stock prices do not fully reflect the stock&#8217;s potential value, based on current earnings, assets and long-term growth prospects. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is actively managed; however, Advisors regularly reviews the Fund&#8217;s sector and country exposure against the Fund&#8217;s benchmark index, the Morgan Stanley Capital International EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>(Europe, Australasia, Far East) Index (the &#8220;MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index&#8221;), to seek to control risk.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0046 0.0046 0.0046 0.0046 0.0046 0.0015 0.0025 0.0003 0.0010 0.0003 0.0028 0.0007 0.0049 0.0056 0.0064 0.0074 0.0078 0.0049 0.0056 0.0064 0.0074 0.0078 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20022 column dei_LegalEntityAxis compact cik0001084380_S000005381Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20023 column dei_LegalEntityAxis compact cik0001084380_S000005381Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Equity Fund 0.1908 -0.4957 0.3200 0.1998 -0.2354 0.3129 0.2404 -0.0799 -0.0118 0.0041 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20025 column dei_LegalEntityAxis compact cik0001084380_S000005381Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014645Member row primary compact * ~ Best quarter: 0.2532 2009-06-30 Worst quarter: -0.2649 2011-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 25.32%, for the quarter ended June 30, 2009. Worst quarter: -26.49%, for the quarter ended September 30, 2011.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0041 0.0825 0.0078 0.0013 0.0792 0.0036 0.0060 0.0657 0.0081 0.0039 0.0827 0.0079 0.0035 0.0811 0.0068 0.0013 0.0799 0.0054 0.0010 0.0791 0.0051 0.0100 0.0653 0.0075 2006-03-31 2009-09-30 1999-07-01 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20026 column dei_LegalEntityAxis compact cik0001084380_S000005381Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF International Opportunities Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 64 74 81 90 111 202 230 252 281 349 351 401 439 488 605 786 894 978 1084 1339 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20031 column dei_LegalEntityAxis compact cik0001084380_S000040206Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 31% of the average value of its portfolio.</p> 0.31 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund primarily invests in equity securities of issuers in developed and emerging markets located around the world but outside the United States. The Fund anticipates investing in a number of foreign markets, but at a minimum it will invest in at least three countries outside the United States. The Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), selects individual stocks, and lets the Fund&#8217;s country and regional asset allocations evolve from this stock selection. The Fund may invest in companies of all sizes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors typically invests in companies that it believes can demonstrate positive and sustainable structural change. In addition, Advisors looks for companies in the early stages of a structural growth opportunity driven by differentiated products and/or services that maintain strong barriers to entry, continue to outgrow peers and demonstrate accelerating top-line growth with margin expansion. Advisors will typically invest in these types of companies when Advisors believes that their stock prices do not fully reflect the stock&#8217;s potential value, based on current earnings, assets and long-term growth prospects. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is actively managed; however, Advisors regularly reviews the Fund&#8217;s sector and country exposure against the Fund&#8217;s benchmark index, the Morgan Stanley Capital International ACWI (All Country World Index) ex USA<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index (the &#8220;MSCI ACWI ex USA<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index&#8221;), to seek to control risk.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0059 0.0059 0.0059 0.0059 0.0059 0.0015 0.0025 0.0004 0.0013 0.0005 0.0029 0.0026 0.0063 0.0072 0.0079 0.0088 0.0110 -0.0001 0.0063 0.0072 0.0079 0.0088 0.0109 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20029 column dei_LegalEntityAxis compact cik0001084380_S000040206Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20030 column dei_LegalEntityAxis compact cik0001084380_S000040206Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Opportunities Fund -0.0809 0.0167 -0.0069 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20032 column dei_LegalEntityAxis compact cik0001084380_S000040206Member column rr_ProspectusShareClassAxis compact cik0001084380_C000124962Member row primary compact * ~ Best quarter: 0.0794 2016-09-30 Worst quarter: -0.0995 2015-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 7.94%, for the quarter ended September 30, 2016. Worst quarter: -9.95%, for the quarter ended September 30, 2015.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 -0.0069 0.0110 -0.0092 0.0089 -0.0007 0.0088 -0.0080 0.0106 -0.0089 0.0092 -0.0094 0.0083 -0.0127 0.0069 0.0450 0.0122 2013-04-12 2013-04-12 2013-04-12 2013-04-12 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20033 column dei_LegalEntityAxis compact cik0001084380_S000040206Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="9" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="9" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="9" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF International Small-Cap Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 74 83 89 99 113 230 259 278 309 353 401 450 482 536 612 894 1002 1073 1190 1352 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20038 column dei_LegalEntityAxis compact cik0001084380_S000055721Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. The Fund has no annual portfolio turnover rate because the Fund is recently operational.</p> Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in small-cap equity securities of foreign issuers. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes have favorable prospects for long-term capital appreciation. A small-cap equity security is a security within the capitalization range of the companies included in the Fund&#8217;s benchmark index, the MSCI ACWI ex USA Small Cap <font style="font-family: Sans-Serif; font-weight: normal;"/>Index (the &#8220;Index&#8221;), at the time of purchase. The Fund may invest in&#160;equity securities of small companies across a wide range of sectors, growth rates and valuations. From time to time, Advisors reviews the Fund&#8217;s sector and country exposure against the Index to seek to control risk in relation to the Index. The Fund may invest in emerging markets to varying degrees, depending on stock-specific opportunities. The Fund considers investments of foreign issuers to generally include any one or more of the following: (1) companies whose securities are principally traded outside of the United States, (2) companies having their principal business operations outside of the United States, (3) companies organized outside of the United States, and (4) foreign governments and agencies or instrumentalities of foreign governments. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques based on financial and investment theories, to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, and the following additional inputs may also be considered: <font style="font-family: Sans-Serif; font-weight: normal;">weightings of the stock and its corresponding sector in the benchmark, correlations</font> of the stocks in the universe and trading costs. The Fund may purchase foreign equity securities denominated in U.S. dollars or in non-U.S. dollar currencies, and equity securities issued in connection with reorganizations and other special situations. Although Advisors does not anticipate that the Fund will have significant exposure to equity securities issued in connection with reorganizations and other special situations, the Fund is not subject to any preset limit.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus the Index. The Fund&#8217;s strategy is based upon Advisors&#8217; understanding of the interplay of market factors and does not assure the Fund will perform as intended. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors&#8217; analysis.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. Fund investments in securities of small-cap companies are often less liquid than Fund investments in securities of larger companies.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Currency Risk</font>&#8212;The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund&#8217;s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0065 0.0065 0.0065 0.0065 0.0065 0.0015 0.0025 0.0007 0.0016 0.0007 0.0032 0.0021 0.0072 0.0081 0.0087 0.0097 0.0111 0.0072 0.0081 0.0087 0.0097 0.0111 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20036 column dei_LegalEntityAxis compact cik0001084380_S000055721Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20037 column dei_LegalEntityAxis compact cik0001084380_S000055721Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimates for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Performance information is not available for the Fund because the Fund has less than one calendar year of performance.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> www.tiaa.org Performance information is not available for the Fund because the Fund has less than one calendar year of performance. TIAA-CREF Social Choice International Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 41 49 56 66 74 334 359 385 414 431 648 691 737 785 814 1541 1631 1730 1830 1886 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20043 column dei_LegalEntityAxis compact cik0001084380_S000050279Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 13% of the average value of its portfolio.</p> 0.13 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers. The Fund attempts to achieve the return of the foreign equity markets, as represented by its benchmark index, the Morgan Stanley Capital International EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>(Europe, Australasia, Far East) Index (the &#8220;MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index&#8221;), while investing in companies whose activities are consistent with the Fund&#8217;s ESG criteria. See &#8220;Additional information about the <font style="font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s benchmark index&#8221; below for more information about the Fund&#8217;s benchmark. </font>Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund&#8217;s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Once a universe of ESG-eligible companies is established, the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;) then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. Under these quantitative investment techniques, the Fund uses a risk model to evaluate the universe of stocks in which the Fund may invest and to help construct a broadly diversified group of stocks. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all of the companies that meet the ESG criteria.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Corporate Governance and Social Responsibility Committee (the &#8220;CGSR Committee&#8221;) of the Board of Trustees of the Trust (&#8220;Board of Trustees&#8221;) reviews the ESG criteria used to determine eligibility of the securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund&#8217;s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund&#8217;s ESG investment criteria and monitors the ESG vendor(s) selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund&#8217;s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund&#8217;s shareholders. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">ESG Criteria Risk</font>&#8212;The risk that because the Fund&#8217;s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Benchmark Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0030 0.0030 0.0030 0.0030 0.0030 0.0015 0.0025 0.0105 0.0113 0.0107 0.0131 0.0111 0.0135 0.0143 0.0152 0.0161 0.0166 -0.0095 -0.0095 -0.0097 -0.0096 -0.0094 0.0040 0.0048 0.0055 0.0065 0.0072 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20041 column dei_LegalEntityAxis compact cik0001084380_S000050279Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20042 column dei_LegalEntityAxis compact cik0001084380_S000050279Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return that reflects the investment performance of the overall foreign equity markets while giving special consideration to certain environmental, social and governance (&#8220;ESG&#8221;) criteria. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice International Equity Fund 0.0112 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20044 column dei_LegalEntityAxis compact cik0001084380_S000050279Member column rr_ProspectusShareClassAxis compact cik0001084380_C000158754Member row primary compact * ~ Best quarter: 0.0670 2016-09-30 Worst quarter: -0.0247 2016-03-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 6.70%, for the quarter ended September 30, 2016. Worst quarter: -2.47%, for the quarter ended March 31, 2016.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0112 -0.0383 0.0062 -0.0427 0.0123 -0.0283 0.0100 -0.0385 0.0098 -0.0397 0.0083 -0.0408 0.0077 -0.0418 0.0100 -0.0468 2015-08-07 2015-08-07 2015-08-07 2015-12-04 2015-08-07 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20045 column dei_LegalEntityAxis compact cik0001084380_S000050279Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="9" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="9" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="9" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Emerging Markets Debt Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 66 77 82 92 101 215 246 264 293 320 376 430 462 512 556 844 963 1033 1140 1234 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20050 column dei_LegalEntityAxis compact cik0001084380_S000046660Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 125% of the average value of its portfolio.</p> 1.25 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal market conditions, the Fund invests at least 80% of its assets in fixed-income securities of emerging market issuers or in instruments with economic characteristics similar to emerging market fixed-income securities. The Fund primarily invests in a broad range of sovereign, quasi-sovereign and corporate fixed-income securities rated B- or better but may also invest in fixed-income securities having a lower credit rating. The Fund does not rely exclusively on rating agencies when making investment decisions. Instead, the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), performs its own credit analysis, paying particular attention to economic trends and other market events. Country and individual issuer allocations are then overweighted or underweighted relative to the Fund&#8217;s benchmark index, the JP Morgan Emerging Markets Bond Index (EMBI) Global Diversified (&#8220;EMBI-GD Index&#8221;), when Advisors believes that the Fund can take advantage of what appear to be undervalued, overlooked or misunderstood issuers that offer the potential to boost returns above that of the index. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund considers an &#8220;emerging market security&#8221; to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that is located or has primary operations in an emerging market. The Fund generally defines an &#8220;emerging market&#8221; as any of the countries or markets represented in the Fund&#8217;s benchmark index, the EMBI-GD Index, or any other country or market with similar emerging characteristics. The Fund is considered to be &#8220;non-diversified,&#8221; which means it may invest in fewer issuers than a &#8220;diversified&#8221; fund. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may also engage in relative value trading, a strategy in which the Fund reallocates assets across different countries, currencies, sectors and maturities. Relative value trading is designed to enhance the Fund&#8217;s returns but increases the Fund&#8217;s portfolio turnover rate.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the Fund&#8217;s investment strategies. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Volatility, Liquidity and Valuation Risk </font>(types of <font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>)&#8212;The risk that volatile or dramatic reductions in trading activity make it difficult for the Fund to properly value its investments and that the Fund&#160;may not be able to purchase or sell an investment at an attractive price, if at all.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Interest Rate Risk </font>(a type of <font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>)&#8212;The risk that increases in interest rates can cause the prices of fixed-income investments to decline. This risk is heightened to the extent the Fund invests in longer duration fixed-income investments and during periods when prevailing interest rates are low or negative. As of the date of this Prospectus, interest rates in the United States and in certain foreign markets are at or near historic lows, which may increase the Fund&#8217;s exposure to risks associated with rising interest rates. In general, changing interest rates could have unpredictable effects on the markets and may expose fixed-income and related markets to heightened volatility. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Sovereign Debt Risk</font>&#8212;The risk that the issuer of non-U.S. sovereign debt or the governmental authorities that control the repayment of such debt may be unable or unwilling to repay principal or interest when due. This may result from political or social factors, the general economic environment of a country, levels of foreign debt or foreign currency exchange rates, among other possible reasons. To the extent the issuer or controlling governmental authority is unable or unwilling to repay principal or interest when due, the Fund may have limited recourse to compel payment in the event of default.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Fixed-Income Foreign Investment Risk</font>&#8212;Investment in fixed-income securities or financial instruments of foreign issuers involves increased risks due to adverse issuer, political, regulatory, currency, market or economic developments. These developments may impact the ability of a foreign debt issuer to make timely and ultimate payments on its debt obligations to the Fund or impair the Fund&#8217;s ability to enforce its rights against the foreign debt issuer. These risks are heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Non-Diversification Risk</font>&#8212;The Fund is considered to be &#8220;non-diversified,&#8221; which means that it can invest a greater percentage of its assets in the securities of a single issuer than a &#8220;diversified&#8221; fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund&#8217;s return since it may represent a larger portion of the Fund&#8217;s total portfolio assets. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Credit Risk</font> (a type of <font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk</font>)&#8212;The risk that the issuer of fixed-income investments may not be able or willing to meet interest or principal payments when the payments become due.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Downgrade Risk</font>&#8212;The risk that securities are subsequently downgraded should Advisors and/or rating agencies believe the issuer&#8217;s business outlook or creditworthiness has deteriorated.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Income Volatility Risk</font>&#8212;The risk that the level of current income from a portfolio of fixed-income investments may decline in certain interest rate environments.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Call Risk</font>&#8212;The risk that, during periods of falling interest rates, an issuer may call (or repay) a fixed-income security prior to maturity, resulting in a decline in the Fund&#8217;s income. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Non-Investment-Grade Securities Risk</font>&#8212;Issuers of non-investment-grade securities, which are usually called &#8220;high-yield&#8221; or &#8220;junk bonds,&#8221; are typically in weaker financial health and such securities can be harder to value and sell and their prices can be more volatile than more highly rated securities. While these securities generally have higher rates of interest, they also involve greater risk of default than do securities of a higher-quality rating. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Derivatives Risk</font>&#8212;The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. The Fund is considered to be &#8220;non-diversified,&#8221; which means that it can invest a greater percentage of its assets in the securities of a single issuer than a &#8220;diversified&#8221; fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund&#8217;s return since it may represent a larger portion of the Fund&#8217;s total portfolio assets. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0055 0.0055 0.0055 0.0055 0.0055 0.0015 0.0025 0.0013 0.0023 0.0014 0.0038 0.0021 0.0068 0.0078 0.0084 0.0093 0.0101 -0.0003 -0.0003 -0.0004 -0.0003 -0.0002 0.0065 0.0075 0.0080 0.0090 0.0099 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20048 column dei_LegalEntityAxis compact cik0001084380_S000046660Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20049 column dei_LegalEntityAxis compact cik0001084380_S000046660Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, through income and capital appreciation, by investing primarily in a portfolio of emerging markets fixed-income investments. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Debt Fund -0.0294 0.1405 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20051 column dei_LegalEntityAxis compact cik0001084380_S000046660Member column rr_ProspectusShareClassAxis compact cik0001084380_C000145608Member row primary compact * ~ Best quarter: 0.0621 2016-06-30 Worst quarter: -0.0440 2015-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 6.21%, for the quarter ended June 30, 2016. Worst quarter: -4.40%, for the quarter ended September 30, 2015.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1405 0.0335 0.1137 0.0120 0.0793 0.0155 0.1407 0.0336 0.1389 0.0319 0.1379 0.0310 0.1376 0.0305 0.1015 0.0436 2014-09-26 2014-09-26 2015-12-04 2014-09-26 2014-09-26 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20052 column dei_LegalEntityAxis compact cik0001084380_S000046660Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="9" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="9" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="9" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr> <tr> <td colspan="9" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">For the Fund&#8217;s most current 30-day yield, please call the Fund at 800-842-2252.</p></td></tr> <tr style="font-size: 1px;"> <td style="font-size: 1pt; vertical-align: top">&#160;</td> <td colspan="8" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). 800 842-2252 TIAA-CREF International Bond Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 66 77 82 92 102 217 248 264 296 327 380 435 462 516 570 855 974 1033 1151 1267 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20057 column dei_LegalEntityAxis compact cik0001084380_S000054622Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal period between August 5, 2016 (inception date) and October 31, 2016, the Fund&#8217;s portfolio turnover rate was 18% of the average value of its portfolio.</p> 0.18 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal market conditions, the Fund invests at least 80% of its assets in fixed-income investments of foreign issuers and derivative instruments, including those used to manage currency risk. The Fund primarily invests in a broad range of investment-grade sovereign, quasi-sovereign and corporate fixed-income investments. The Fund may also invest in other fixed-income securities, including those of non-investment-grade quality. The Fund does not rely exclusively on rating agencies when making investment decisions. Instead, the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), performs its own credit analysis, paying particular attention to economic trends and other market events. Country and individual issuer allocations are then overweighted or underweighted relative to the Fund&#8217;s benchmark index, the Bloomberg Barclays Global Aggregate Ex-USD Index (Hedged) (the &#8220;Index&#8221;), when Advisors believes that the Fund can take advantage of what appear to be undervalued, overlooked or misunderstood issuers that offer the potential to boost returns above that of the Index. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. Under normal market conditions, the Fund will seek to hedge to the U.S. dollar approximately 80% of the Fund&#8217;s total exposure to investments denominated in currencies other than the U.S. dollar (on a net assets basis). Such hedging is intended to manage the currency risk associated with investment in bonds denominated in currencies other than the U.S. dollar. The Fund may invest in fixed-income securities of any maturity or duration. As of December 31, 2016, the duration of the Index was 7.72 years. &#8220;Duration&#8221; is a measure of volatility in the price of a bond in response to a change in prevailing interest rates, with a longer duration indicating more volatility. The Fund considers investments of foreign issuers to generally include one or more of the following: (1) companies whose securities are principally traded outside of the United States, (2) companies having their principal business operations outside of the United States, (3) companies organized outside of the United States, and (4)&#160;foreign governments and agencies or instrumentalities of foreign governments. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes. Derivative instruments, including those used to manage currency risk, are included as assets of the Fund for the purposes of the Fund&#8217;s 80% policy.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may also engage in relative value trading, a strategy in which the Fund reallocates assets across different countries, currencies, sectors and maturities. While this strategy is designed to enhance the Fund&#8217;s returns, it may also increase the Fund&#8217;s portfolio turnover rate. In addition, an increase in interest rates as well as other factors contributing to market volatility could lead to increased portfolio turnover.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the Fund&#8217;s investment strategies. In particular, the Fund may utilize forward currency contracts and currency-related futures contracts and swap agreements to manage currency risk.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may also seek exposure to Regulation S fixed-income securities through investment in a Cayman Islands exempted company that is wholly owned and controlled by the Fund (the &#8220;Subsidiary&#8221;). Regulation S securities are securities of U.S. and non-U.S. issuers that are issued through private placement offerings without registration with the SEC pursuant to Regulation S under the Securities Act of 1933. The Subsidiary is advised by Advisors and has the same investment objective as the Fund. The Subsidiary may invest without limitation in Regulation S securities. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Volatility, Liquidity and Valuation Risk </font>(types of <font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>)&#8212;The risk that volatile or dramatic reductions in trading activity make it difficult for the Fund to properly value its investments and that the Fund&#160;may not be able to purchase or sell an investment at an attractive price, if at all.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Fixed-Income Foreign Investment Risk</font>&#8212;Investment in fixed-income securities or financial instruments of foreign issuers involves increased risks due to adverse issuer, political, regulatory, currency, market or economic developments. These developments may impact the ability of a foreign debt issuer to make timely and ultimate payments on its debt obligations to the Fund or impair the Fund&#8217;s ability to enforce its rights against the foreign debt issuer. These risks are heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Interest Rate Risk </font>(a type of <font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>)&#8212;The risk that increases in interest rates can cause the prices of fixed-income investments to decline. This risk is heightened to the extent the Fund invests in longer duration fixed-income investments and during periods when prevailing interest rates are low or negative. As of the date of this Prospectus, interest rates in the United States and in certain foreign markets are at or near historic lows, which may increase the Fund&#8217;s exposure to risks associated with rising interest rates. In general, changing interest rates could have unpredictable effects on the markets and may expose fixed-income and related markets to heightened volatility. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Credit Risk</font> (a type of <font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk</font>)&#8212;The risk that the issuer of fixed-income investments may not be able or willing to meet interest or principal payments when the payments become due.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Currency Risk</font>&#8212;The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund&#8217;s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Derivatives Risk</font>&#8212;The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Currency Management Strategies Risk</font>&#8212;Currency management strategies, including the use of forward currency contracts and other derivatives, may substantially change the Fund&#8217;s exposure to currencies and currency exchange rates and could result in losses to the Fund if currencies do not perform as Advisors anticipates. The Fund&#8217;s ability to use derivative instruments to manage currency exposure may also be altered or constrained by pending SEC regulations, if such regulations are adopted as&#160;proposed.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Counterparty and Third Party Risk</font>&#8212;Transactions involving a counterparty to a derivative or other instrument, or to a third party responsible for servicing the instrument, are subject to the credit risk of the counterparty or third party, and to the counterparty&#8217;s or third party&#8217;s ability to perform in accordance with the terms of the transaction.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Sovereign Debt Risk</font>&#8212;The risk that the issuer of non-U.S. sovereign debt or the governmental authorities that control the repayment of such debt may be unable or unwilling to repay principal or interest when due. This may result from political or social factors, the general economic environment of a country, levels of foreign debt or foreign currency exchange rates, among other possible reasons. To the extent the issuer or controlling governmental authority is unable or unwilling to repay principal or interest when due, the Fund may have limited recourse to compel payment in the event of default.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Downgrade Risk</font>&#8212;The risk that securities are subsequently downgraded should Advisors and/or rating agencies believe the issuer&#8217;s business outlook or creditworthiness has deteriorated.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Income Volatility Risk</font>&#8212;The risk that the level of current income from a portfolio of fixed-income investments may decline in certain interest rate environments.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Call Risk</font>&#8212;The risk that, during periods of falling interest rates, an issuer may call (or repay) a fixed-income security prior to maturity, resulting in a decline in the Fund&#8217;s income. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Regulation S Securities Risk</font>&#8212;The risk that Regulation S securities may be less liquid than publicly traded securities. Regulation S securities may not be subject to the disclosure and other investor protection requirements that would be applicable to publicly traded securities. As a result, Regulation S securities may involve a high degree of business and financial risk and may result in losses.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Investment in the Fund&#8217;s Wholly Owned Subsidiary</font>&#8212;The Subsidiary is not registered under the Investment Company Act of 1940 (&#8220;1940 Act&#8221;) and is not subject to its investor protections (except as otherwise noted in the Prospectus). As an investor in the Subsidiary, the Fund does not have all of the protections offered to investors by the 1940 Act. However, the Subsidiary is wholly owned and controlled by the Fund and managed by Advisors. Therefore, the Fund&#8217;s ownership and control of the Subsidiary make it unlikely that the Subsidiary would take actions contrary to the interests of the Fund or its shareholders.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Non-Investment-Grade Securities Risk</font>&#8212;Issuers of non-investment-grade securities, which are usually called &#8220;high-yield&#8221; or &#8220;junk bonds,&#8221; are typically in weaker financial health and such securities can be harder to value and sell and their prices can be more volatile than more highly rated securities. While these securities generally have higher rates of interest, they also involve greater risk of default than do securities of a higher-quality rating. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Portfolio Turnover Risk</font>&#8212;Depending on market and other conditions, the Fund may experience high portfolio turnover, which may result in greater transactional expenses, such as brokerage commissions, bid-ask spreads, or dealer mark-ups, and capital gains (which could increase taxes and, consequently, reduce returns).</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0055 0.0055 0.0055 0.0055 0.0055 0.0015 0.0025 0.0013 0.0023 0.0013 0.0038 0.0023 0.0001 0.0001 0.0001 0.0001 0.0001 0.0069 0.0079 0.0084 0.0094 0.0104 -0.0004 -0.0004 -0.0004 -0.0004 -0.0004 0.0065 0.0075 0.0080 0.0090 0.0100 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20055 column dei_LegalEntityAxis compact cik0001084380_S000054622Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20056 column dei_LegalEntityAxis compact cik0001084380_S000054622Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimates for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Performance information is not available for the Fund because the Fund has less than one calendar year of performance.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> www.tiaa.org Performance information is not available for the Fund because the Fund has less than one calendar year of performance. TIAA-CREF Enhanced Large-Cap Growth Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 35 44 109 138 191 241 431 542 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20062 column dei_LegalEntityAxis compact cik0001084380_S000019657Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 121% of the average value of its portfolio.</p> 1.21 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities of issuers included in the Fund&#8217;s benchmark index, the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index, at the time of purchase, but not necessarily at index weightings. For purposes of the 80% investment policy, &#8220;large-cap&#8221; securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund follows an enhanced index management strategy. The Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), actively uses quantitative analysis to attempt to enhance the Fund&#8217;s performance relative to the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index, while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index is a subset of the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index, which represents the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index companies with higher price-to-book ratios and higher forecasted growth values.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Enhanced index strategies employ quantitative modeling techniques for both stock selection and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund&#8217;s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase foreign securities and securities issued in connection with reorganizations or other special situations. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund&#8217;s investment strategies. The Fund&#8217;s strategy is based upon Advisors&#8217; understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors&#8217; analysis.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 39.6pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Growth Investing</font>&#8212;Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Enhanced Index Risk</font>&#8212;As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Derivatives Risk</font>&#8212;The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0032 0.0032 0.0002 0.0011 0.0034 0.0043 0.0034 0.0043 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20060 column dei_LegalEntityAxis compact cik0001084380_S000019657Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20061 column dei_LegalEntityAxis compact cik0001084380_S000019657Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced Large-Cap Growth Index Fund -0.3795 0.3598 0.1688 0.0262 0.1410 0.3198 0.1052 0.0674 0.0813 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20063 column dei_LegalEntityAxis compact cik0001084380_S000019657Member column rr_ProspectusShareClassAxis compact cik0001084380_C000054989Member row primary compact * ~ Best quarter: 0.1604 2012-03-31 Worst quarter: -0.2234 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 16.04%, for the quarter ended March 31, 2012. Worst quarter: -22.34%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0813 0.1395 0.0762 0.0711 0.1181 0.0602 0.0546 0.1080 0.0574 0.0812 0.1394 0.0761 0.0708 0.1450 0.0783 2007-11-30 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20064 column dei_LegalEntityAxis compact cik0001084380_S000019657Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="12" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="12" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="12" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Enhanced Large-Cap Value Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 35 44 109 138 191 241 431 542 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20069 column dei_LegalEntityAxis compact cik0001084380_S000019658Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 149% of the average value of its portfolio.</p> 1.49 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in large domestic companies included in the Fund&#8217;s benchmark index, the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index, at the time of purchase, but not necessarily at index weightings. For purposes of the 80% investment policy, &#8220;large-cap&#8221; securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund follows an enhanced index management strategy. The Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), actively uses quantitative analysis to attempt to enhance the Fund&#8217;s performance relative to the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index is a subset of the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index, which represents <font style="font-family: Sans-Serif; font-weight: normal;">the performance of the large-cap value segment of the U.S. equity universe. It includes those </font>Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index<font style="font-family: Sans-Serif; font-weight: normal;"> companies with lower price-to-book ratios and lower expected growth values.</font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Enhanced index strategies employ quantitative modeling techniques for both stock selection and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund&#8217;s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase foreign securities and securities issued in connection with reorganizations or other special situations. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund&#8217;s investment strategies. The Fund&#8217;s strategy is based upon Advisors&#8217; understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors&#8217; analysis.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 39.6pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Value Investing</font>&#8212;Securities believed to be undervalued are subject to the risks that the issuer&#8217;s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Enhanced Index Risk</font>&#8212;As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Derivatives Risk</font>&#8212;The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0032 0.0032 0.0002 0.0011 0.0034 0.0043 0.0034 0.0043 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20067 column dei_LegalEntityAxis compact cik0001084380_S000019658Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20068 column dei_LegalEntityAxis compact cik0001084380_S000019658Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced Large-Cap Value Index Fund -0.3643 0.1925 0.1362 0.0055 0.1581 0.3326 0.1054 -0.0282 0.1502 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20070 column dei_LegalEntityAxis compact cik0001084380_S000019658Member column rr_ProspectusShareClassAxis compact cik0001084380_C000054990Member row primary compact * ~ Best quarter: 0.1774 2009-09-30 Worst quarter: -0.2154 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 17.74%, for the quarter ended September 30, 2009. Worst quarter: -21.54%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1502 0.1378 0.0560 0.1310 0.1154 0.0420 0.1002 0.1065 0.0419 0.1501 0.1378 0.0560 0.1734 0.1480 0.0622 2007-11-30 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20071 column dei_LegalEntityAxis compact cik0001084380_S000019658Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="12" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="12" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="12" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Growth & Income Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 43 51 58 68 74 135 160 183 214 230 235 280 318 373 401 530 628 714 835 894 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20076 column dei_LegalEntityAxis compact cik0001084380_S000005370Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 83% of the average value of its portfolio.</p> 0.83 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. In seeking a favorable long-term total return, the Fund will invest in securities which the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes have the potential for capital appreciation, dividend income, or both.&#160;The Fund focuses on large-cap securities that Advisors believes to be attractively valued, show the potential to appreciate faster than the rest of the market and return cash to shareholders in the form of dividends, stock buy-backs or both. Advisors seeks to construct a portfolio whose weighted average market capitalization is similar to the Fund&#8217;s benchmark index, the Standard &amp; Poor&#8217;s 500<sup>&#174;</sup> Index (the &#8220;S&amp;P 500<sup>&#174;</sup> Index&#8221;).</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors generally looks for companies that it believes are leaders in their respective industries, with sustainable competitive advantages. Advisors also looks for companies that it believes have management teams that are dedicated to creating shareholder value. The Fund may invest up to 20% of its assets in foreign issuers when Advisors believes these issuers offer more attractive investment opportunities. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 39.6pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Growth Investing</font>&#8212;Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0040 0.0040 0.0040 0.0040 0.0040 0.0015 0.0025 0.0002 0.0010 0.0002 0.0027 0.0007 0.0042 0.0050 0.0057 0.0067 0.0072 0.0042 0.0050 0.0057 0.0067 0.0072 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20074 column dei_LegalEntityAxis compact cik0001084380_S000005370Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20075 column dei_LegalEntityAxis compact cik0001084380_S000005370Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, through both capital appreciation and investment income, primarily from income-producing equity securities. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Growth & Income Fund 0.1893 -0.3497 0.2694 0.1320 0.0298 0.1641 0.3435 0.1126 0.0347 0.0860 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20077 column dei_LegalEntityAxis compact cik0001084380_S000005370Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014631Member row primary compact * ~ Best quarter: 0.1617 2009-09-30 Worst quarter: -0.1997 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 16.17%, for the quarter ended September 30, 2009. Worst quarter: -19.97%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0860 0.1435 0.0839 0.0781 0.1215 0.0717 0.0550 0.1108 0.0661 0.0851 0.1433 0.0838 0.0835 0.1415 0.0827 0.0828 0.1406 0.0811 0.0831 0.1399 0.0811 0.1196 0.1466 0.0695 2009-09-30 2015-12-04 2006-03-31 1999-07-01 2002-10-01 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20078 column dei_LegalEntityAxis compact cik0001084380_S000005370Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Large-Cap Growth Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 44 53 59 69 78 138 167 186 218 243 241 291 324 379 422 542 653 726 847 942 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20083 column dei_LegalEntityAxis compact cik0001084380_S000012197Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 86% of the average value of its portfolio.</p> 0.86 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund will invest primarily in large-cap equity securities that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes present the opportunity for growth. For purposes of the Fund&#8217;s 80% investment policy, &#8220;large-cap&#8221; securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. Generally, these equity securities will be those of large capitalized companies in new and emerging areas of the economy and companies with distinctive products or promising markets. Advisors looks for companies that it believes have the potential for strong earnings and/or sales growth, or that appear to be mispriced based on current earnings, assets or growth prospects. The Fund may invest in large, well-known, established companies, particularly when Advisors believes that the companies offer new or innovative products, services or processes that may enhance their future earnings. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund also seeks to invest in companies expected to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations. The Fund may invest up to 20% of its assets in foreign investments.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund&#8217;s benchmark index is the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -8.65pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 44.65pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;"><font style="word-spacing: 5.325pt;">&#160;</font></font><font style="font-family: Sans-Serif; font-weight: bold;">Risks of Growth Investing</font>&#8212;Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0042 0.0042 0.0042 0.0042 0.0042 0.0015 0.0025 0.0001 0.0010 0.0001 0.0026 0.0009 0.0043 0.0052 0.0058 0.0068 0.0076 0.0043 0.0052 0.0058 0.0068 0.0076 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20081 column dei_LegalEntityAxis compact cik0001084380_S000012197Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20082 column dei_LegalEntityAxis compact cik0001084380_S000012197Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term return, mainly through capital appreciation, primarily from equity securities. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Growth Fund 0.2162 -0.4104 0.3499 0.1317 0.0164 0.1695 0.3980 0.1122 0.0920 -0.0085 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20084 column dei_LegalEntityAxis compact cik0001084380_S000012197Member column rr_ProspectusShareClassAxis compact cik0001084380_C000033282Member row primary compact * ~ Best quarter: 0.1596 2012-03-31 Worst quarter: -0.2327 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 15.96%, for the quarter ended March 31, 2012. Worst quarter: -23.27%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 -0.0085 0.1451 0.0817 -0.0126 0.1287 0.0725 -0.0013 0.1134 0.0649 -0.0075 0.1451 0.0817 -0.0099 0.1435 0.0805 -0.0114 0.1419 0.0789 -0.0111 0.1410 0.0786 0.0708 0.1450 0.0833 2006-03-31 2009-09-30 2006-03-31 2006-03-31 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20085 column dei_LegalEntityAxis compact cik0001084380_S000012197Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Large-Cap Value Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 42 53 57 67 75 132 167 179 211 233 230 291 313 368 406 518 653 701 822 906 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20090 column dei_LegalEntityAxis compact cik0001084380_S000005383Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 62% of the average value of its portfolio.</p> 0.62 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund invests primarily in equity securities of large domestic companies, as defined by the Fund&#8217;s benchmark index (the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index), that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the Fund&#8217;s 80% investment policy, &#8220;large-cap&#8221; securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-book value, stock price-to-earnings, and dividend yield; and free cash flow generated by the company. Advisors generally focuses on companies with normalized earnings and high operating leverage, which may cause the Fund to be more volatile in down markets than other large-cap value funds that have more defensive-oriented investment strategies.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may invest up to 20% of its assets in foreign investments. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 39.6pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Value Investing</font>&#8212;Securities believed to be undervalued are subject to the risks that the issuer&#8217;s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0040 0.0040 0.0040 0.0040 0.0040 0.0015 0.0025 0.0001 0.0012 0.0001 0.0026 0.0008 0.0041 0.0052 0.0056 0.0066 0.0073 0.0041 0.0052 0.0056 0.0066 0.0073 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20088 column dei_LegalEntityAxis compact cik0001084380_S000005383Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20089 column dei_LegalEntityAxis compact cik0001084380_S000005383Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Value Fund -0.0006 -0.3985 0.3088 0.1818 -0.0567 0.1968 0.3443 0.0916 -0.0469 0.1860 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20091 column dei_LegalEntityAxis compact cik0001084380_S000005383Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014648Member row primary compact * ~ Best quarter: 0.2275 2009-06-30 Worst quarter: -0.2269 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 22.75%, for the quarter ended June 30, 2009. Worst quarter: -22.69%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1860 0.1470 0.0570 0.1745 0.1295 0.0464 0.1149 0.1140 0.0432 0.1859 0.1469 0.0570 0.1846 0.1453 0.0559 0.1831 0.1441 0.0545 0.1823 0.1432 0.0543 0.1734 0.1480 0.0572 2002-10-01 2002-10-01 2015-12-04 2009-09-30 2002-10-01 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20092 column dei_LegalEntityAxis compact cik0001084380_S000005383Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Mid-Cap Growth Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 48 57 63 74 80 151 179 199 230 249 263 313 346 401 433 591 701 774 894 966 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20097 column dei_LegalEntityAxis compact cik0001084380_S000005384Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 69% of the average value of its portfolio.</p> 0.69 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund invests primarily in equity securities of medium-sized domestic companies, as defined by the Fund&#8217;s benchmark index (the Russell Midcap<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index), that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes present the opportunity for growth. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations fall within the range represented by the Russell Midcap<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index at the time of the Fund&#8217;s investment.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors looks for equity securities of companies that it believes have prospects for strong earnings or sales growth. The Fund invests in equity securities of companies that Advisors believes may represent high growth industries or rapidly evolving areas of the economy, that have distinctive products or services and that are growing faster than the overall equity market. The Fund may also invest in companies that Advisors believes to be undervalued based on current earnings, assets or growth prospects. These investments could include companies likely to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund also uses proprietary quantitative models to screen and identify potential portfolio companies. Often, these companies represent modest deviations from the benchmark index based on relative value, price or potential earnings growth. The Fund may invest up to 20% of its assets in foreign investments. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -8.65pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 44.65pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;"><font style="word-spacing: 5.325pt;">&#160;</font></font><font style="font-family: Sans-Serif; font-weight: bold;">Risks of Growth Investing</font>&#8212;Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0044 0.0044 0.0044 0.0044 0.0044 0.0015 0.0025 0.0003 0.0012 0.0003 0.0028 0.0009 0.0047 0.0056 0.0062 0.0072 0.0078 0.0047 0.0056 0.0062 0.0072 0.0078 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20095 column dei_LegalEntityAxis compact cik0001084380_S000005384Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20096 column dei_LegalEntityAxis compact cik0001084380_S000005384Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Mid-Cap Growth Fund 0.1735 -0.4625 0.4692 0.2850 -0.0523 0.1796 0.3678 0.0774 -0.0063 0.0195 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20098 column dei_LegalEntityAxis compact cik0001084380_S000005384Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014651Member row primary compact * ~ Best quarter: 0.1986 2009-06-30 Worst quarter: -0.2866 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 19.86%, for the quarter ended June 30, 2009. Worst quarter: -28.66%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0195 0.1198 0.0711 0.0183 0.0956 0.0575 0.0121 0.0920 0.0558 0.0194 0.1198 0.0711 0.0181 0.1182 0.0699 0.0169 0.1170 0.0684 0.0163 0.1162 0.0683 0.0733 0.1351 0.0783 2002-10-01 2002-10-01 2009-09-30 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20099 column dei_LegalEntityAxis compact cik0001084380_S000005384Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Mid-Cap Value Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 42 50 57 67 73 132 157 179 211 227 230 274 313 368 395 518 616 701 822 883 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20104 column dei_LegalEntityAxis compact cik0001084380_S000005385Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 43% of the average value of its portfolio.</p> 0.43 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund will invest primarily in equity securities of medium-sized domestic companies, as defined by the Fund&#8217;s benchmark index (the Russell Midcap<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index), that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations fall within the range represented by the Russell Midcap<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index at the time of the Fund&#8217;s investment.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-earnings, stock price-to-book value, free cash flow, debt-to-capital and, to a lesser extent, dividend yield.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund may invest up to 20% of its assets in foreign investments. </p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 39.6pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Value Investing</font>&#8212;Securities believed to be undervalued are subject to the risks that the issuer&#8217;s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0040 0.0040 0.0040 0.0040 0.0040 0.0015 0.0025 0.0001 0.0009 0.0001 0.0026 0.0006 0.0041 0.0049 0.0056 0.0066 0.0071 0.0041 0.0049 0.0056 0.0066 0.0071 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20102 column dei_LegalEntityAxis compact cik0001084380_S000005385Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20103 column dei_LegalEntityAxis compact cik0001084380_S000005385Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Mid-Cap Value Fund 0.0630 -0.4059 0.3739 0.2120 -0.0217 0.1660 0.3255 0.1285 -0.0535 0.1740 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20105 column dei_LegalEntityAxis compact cik0001084380_S000005385Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014654Member row primary compact * ~ Best quarter: 0.2046 2009-06-30 Worst quarter: -0.2696 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 20.46%, for the quarter ended June 30, 2009. Worst quarter: -26.96%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1740 0.1415 0.0715 0.1616 0.1240 0.0606 0.1084 0.1110 0.0559 0.1744 0.1414 0.0714 0.1722 0.1398 0.0703 0.1717 0.1388 0.0688 0.1712 0.1380 0.0689 0.2000 0.1570 0.0759 2002-10-01 2002-10-01 2009-09-30 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20106 column dei_LegalEntityAxis compact cik0001084380_S000005385Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Small-Cap Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 43 52 58 68 75 135 164 183 214 233 235 285 318 373 406 530 640 714 835 906 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20111 column dei_LegalEntityAxis compact cik0001084380_S000005386Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 86% of the average value of its portfolio.</p> 0.86 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in small-cap equity securities. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes have favorable prospects for significant long-term capital appreciation potential. A small-cap equity security is a security within the capitalization range of the companies included in the Fund&#8217;s benchmark index, the Russell 2000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index, at the time of purchase. The Fund invests primarily in&#160;equity securities of smaller domestic companies across a wide range of sectors, growth rates and valuations. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks to add incremental return over its stated benchmark index, while also managing the relative risk of the Fund versus its benchmark index. Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques, based on financial and investment theories to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, along with the following additional inputs: <font style="font-family: Sans-Serif; font-weight: normal;">weightings of the stock and its corresponding sector in the benchmark, correlations</font> between the performance of the stocks in the universe, and trading costs. The Fund may purchase foreign securities and securities issued in connection with reorganizations and other special situations.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus its benchmark index. The Fund&#8217;s strategy is based upon Advisors&#8217; understanding of the interplay of market factors and does not assure successful investment. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors&#8217; analysis.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0040 0.0040 0.0040 0.0040 0.0040 0.0015 0.0025 0.0002 0.0011 0.0002 0.0027 0.0008 0.0042 0.0051 0.0057 0.0067 0.0073 0.0042 0.0051 0.0057 0.0067 0.0073 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20109 column dei_LegalEntityAxis compact cik0001084380_S000005386Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20110 column dei_LegalEntityAxis compact cik0001084380_S000005386Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of smaller domestic companies. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Small-Cap Equity Fund -0.0614 -0.3275 0.2697 0.2749 -0.0390 0.1407 0.3999 0.0692 0.0014 0.1997 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20112 column dei_LegalEntityAxis compact cik0001084380_S000005386Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014657Member row primary compact * ~ Best quarter: 0.2016 2009-06-30 Worst quarter: -0.2481 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 20.16%, for the quarter ended June 30, 2009. Worst quarter: -24.81%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1997 0.1545 0.0725 0.1902 0.1311 0.0590 0.1210 0.1185 0.0551 0.1996 0.1543 0.0724 0.1986 0.1528 0.0713 0.1963 0.1517 0.0698 0.1957 0.1505 0.0695 0.2131 0.1446 0.0707 2002-10-01 2009-09-30 2002-10-01 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20113 column dei_LegalEntityAxis compact cik0001084380_S000005386Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Small/Mid-Cap Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 52 61 67 78 92 164 192 211 243 287 285 335 368 422 498 640 750 822 942 1108 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20118 column dei_LegalEntityAxis compact cik0001084380_S000054623Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal period between August 5, 2016 (inception date) and October 31, 2016, the Fund&#8217;s portfolio turnover rate was 2% of the average value of its portfolio.</p> 0.02 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in small-cap and mid-cap equity securities. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), believes have favorable prospects for significant long-term capital appreciation potential. A small-cap or mid-cap equity security is a security within the capitalization range of the companies included in the Fund&#8217;s benchmark index, the Russell 2500<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index, at the time of purchase. As of December 31, 2016, the Russell 2500<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index had a mean market capitalization of $4.2 billion and a median market capitalization of $1.1 billion. The Fund invests primarily in&#160;equity securities of small to mid-sized companies across a wide range of sectors, growth rates and valuations. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks to add incremental return over its stated benchmark index, while also managing the relative risk of the Fund versus its benchmark index. Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques, based on financial and investment theories to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, along with the following additional inputs: <font style="font-family: Sans-Serif; font-weight: normal;">weightings of the stock and its corresponding sector in the benchmark, correlations</font> of the stocks in the universe and trading costs. The Fund may purchase foreign equity securities, denominated in U.S. dollars or in non-U.S. dollar currencies, and equity securities issued in connection with reorganizations and other special situations.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus its benchmark index. The Fund&#8217;s strategy is based upon Advisors&#8217; understanding of the interplay of market factors and does not assure the Fund will perform as intended. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors&#8217; analysis.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Special Situation Risk</font>&#8212;Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Currency Risk</font>&#8212;The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund&#8217;s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0046 0.0046 0.0046 0.0046 0.0046 0.0015 0.0025 0.0005 0.0014 0.0005 0.0030 0.0019 0.0051 0.0060 0.0066 0.0076 0.0090 0.0051 0.0060 0.0066 0.0076 0.0090 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20116 column dei_LegalEntityAxis compact cik0001084380_S000054623Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20117 column dei_LegalEntityAxis compact cik0001084380_S000054623Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimates for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Performance information is not available for the Fund because the Fund has less than one calendar year of performance.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> www.tiaa.org Performance information is not available for the Fund because the Fund has less than one calendar year of performance. TIAA-CREF Social Choice Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 19 29 35 45 47 61 90 109 141 148 107 157 191 246 258 243 356 431 555 579 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20123 column dei_LegalEntityAxis compact cik0001084380_S000005371Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 16% of the average value of its portfolio.</p> 0.16 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. The Fund attempts to achieve the return of the U.S. stock market as represented by its benchmark, the Russell 3000<sup>&#174;</sup>Index, while investing only in companies whose activities are consistent with the Fund&#8217;s ESG criteria. See &#8220;Additional information about the Fund&#8217;s benchmark index&#8221; below for more information about the Fund&#8217;s benchmark.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund&#8217;s shareholders. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund&#8217;s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Once a universe of ESG-eligible companies is established, the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all companies that meet the ESG criteria. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Corporate Governance and Social Responsibility Committee (the &#8220;CGSR Committee&#8221;) of the Board of Trustees of the Trust (&#8220;Board of Trustees&#8221;) reviews the ESG criteria used to screen securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund&#8217;s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund&#8217;s ESG investment criteria and monitors the ESG vendors selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund&#8217;s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is not restricted from investing in any securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may also invest in securities issued by other countries or their agencies or instrumentalities as approved by the CGSR Committee. Consistent with its ESG criteria, the Fund may invest up to 15% of its assets in foreign investments.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">ESG Criteria Risk</font>&#8212;The risk that because the Fund&#8217;s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Benchmark Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0015 0.0015 0.0015 0.0015 0.0015 0.0015 0.0025 0.0004 0.0013 0.0004 0.0029 0.0006 0.0019 0.0028 0.0034 0.0044 0.0046 0.0019 0.0028 0.0034 0.0044 0.0046 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20121 column dei_LegalEntityAxis compact cik0001084380_S000005371Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20122 column dei_LegalEntityAxis compact cik0001084380_S000005371Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain environmental, social and governance (&#8220;ESG&#8221;) criteria. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice Equity Fund 0.0403 -0.3614 0.3238 0.1591 -0.0005 0.1405 0.3432 0.1125 -0.0239 0.1351 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20124 column dei_LegalEntityAxis compact cik0001084380_S000005371Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014633Member row primary compact * ~ Best quarter: 0.1787 2009-06-30 Worst quarter: -0.2379 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 17.87%, for the quarter ended June 30, 2009. Worst quarter: -23.79%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1351 0.1356 0.0676 0.1179 0.1259 0.0615 0.0908 0.1083 0.0541 0.1357 0.1355 0.0676 0.1332 0.1340 0.0663 0.1324 0.1327 0.0649 0.1326 0.1324 0.0655 0.1274 0.1467 0.0707 1999-07-01 2002-10-01 2015-12-04 2009-09-30 2006-03-31 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20125 column dei_LegalEntityAxis compact cik0001084380_S000005371Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Social Choice Low Carbon Equity Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 33 42 48 58 66 175 203 227 256 277 330 379 421 471 505 779 887 981 1088 1161 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20130 column dei_LegalEntityAxis compact cik0001084380_S000050280Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 83% of the average value of its portfolio.</p> 0.83 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. The Fund attempts to achieve investment results that reflect the return of the U.S. stock market as represented by its benchmark index, the Russell 3000<sup>&#174;</sup>Index while investing in companies whose activities are consistent with the Fund&#8217;s ESG criteria, which include additional criteria relating to carbon emissions and fossil fuel reserves. See &#8220;Additional information about the Fund&#8217;s benchmark index&#8221; below for more information about the Fund&#8217;s benchmark.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund&#8217;s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">In addition to the overall ESG performance evaluation, the Fund favors companies that (1) demonstrate leadership in managing and mitigating their current carbon emissions and (2) have limited exposure to oil, gas, and coal (<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">i.e., </font>fossil fuel) reserves. The determination of leadership criteria takes into consideration company carbon emissions both in absolute terms (<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">e.g.</font>, tons of carbon emitted directly into the atmosphere) and in relative terms (<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">e.g.</font>, tons of&#160;carbon emitted per unit of economic output such as sales). Reserves are fossil fuel deposits that have not yet been extracted.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Once a universe of ESG-eligible companies is established, the Fund&#8217;s investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. Under these quantitative investment techniques, the Fund uses a risk model to evaluate the universe of stocks in which the Fund may invest and to inform the construction of a broadly diversified group of stocks. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all of the companies that meet the ESG criteria. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Corporate Governance and Social Responsibility Committee (the &#8220;CGSR Committee&#8221;) of the Board of Trustees of the Trust (&#8220;Board of Trustees&#8221;) reviews the ESG criteria used to determine eligibility of the securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund&#8217;s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund&#8217;s ESG investment criteria and monitors the ESG vendor(s) selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund&#8217;s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund&#8217;s shareholders. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is not restricted from investing in any securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may also invest in securities issued by other countries or their agencies or instrumentalities as approved by the CGSR Committee. Consistent with its ESG criteria, the Fund may invest up to 15% of its assets in foreign investments.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">ESG Criteria Risk</font>&#8212;The risk that because the Fund&#8217;s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Low-Carbon Risk&#8212;</font>The risk that because the Fund&#8217;s investment will have special emphasis on companies with low current carbon emissions and limited exposure to fossil fuel reserves, the Fund&#8217;s portfolio might exclude certain issuers for nonfinancial reasons and the Fund may forgo some market opportunities that otherwise would be available.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Active Management Risk</font>&#8212;The risk that Advisors&#8217; strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Benchmark Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Quantitative Analysis Risk</font>&#8212;The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0025 0.0025 0.0025 0.0025 0.0025 0.0015 0.0025 0.0040 0.0049 0.0042 0.0066 0.0047 0.0065 0.0074 0.0082 0.0091 0.0097 -0.0033 -0.0033 -0.0035 -0.0034 -0.0032 0.0032 0.0041 0.0047 0.0057 0.0065 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20128 column dei_LegalEntityAxis compact cik0001084380_S000050280Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20129 column dei_LegalEntityAxis compact cik0001084380_S000050280Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain environmental, social, and governance criteria (&#8220;ESG&#8221;), which include additional criteria relating to carbon emissions and fossil fuel reserves. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice Low Carbon Equity Fund 0.1285 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20131 column dei_LegalEntityAxis compact cik0001084380_S000050280Member column rr_ProspectusShareClassAxis compact cik0001084380_C000158761Member row primary compact * ~ Best quarter: 0.0454 2016-09-30 Worst quarter: 0.0133 2016-03-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 4.54%, for the quarter ended September 30, 2016. Worst quarter: 1.33%, for the quarter ended March 31, 2016.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1285 0.0765 0.1201 0.0697 0.0784 0.0578 0.1293 0.0770 0.1277 0.0756 0.1269 0.0741 0.1264 0.0733 0.1274 0.0756 2015-08-07 2015-12-04 2015-08-07 2015-08-07 2015-08-07 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20132 column dei_LegalEntityAxis compact cik0001084380_S000050280Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="9" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="9" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="9" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Equity Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 5 14 20 31 35 16 45 64 97 109 28 79 113 169 191 64 179 255 381 431 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20137 column dei_LegalEntityAxis compact cik0001084380_S000005360Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 9% of the average value of its portfolio.</p> 0.09 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of its benchmark index (the Russell 3000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index). The Russell 3000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index measures the performance of the largest 3,000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various U.S. equity markets as a whole or a&#160;segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the Russell 3000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0004 0.0004 0.0004 0.0004 0.0004 0.0015 0.0025 0.0001 0.0010 0.0001 0.0026 0.0005 0.0005 0.0014 0.0020 0.0030 0.0034 0.0005 0.0014 0.0020 0.0030 0.0034 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20135 column dei_LegalEntityAxis compact cik0001084380_S000005360Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20136 column dei_LegalEntityAxis compact cik0001084380_S000005360Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities selected to track the overall U.S. equity markets based on a market index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Equity Index Fund 0.0516 -0.3723 0.2834 0.1688 0.0099 0.1633 0.3347 0.1252 0.0046 0.1276 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20138 column dei_LegalEntityAxis compact cik0001084380_S000005360Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014611Member row primary compact * ~ Best quarter: 0.1689 2009-06-30 Worst quarter: -0.2273 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 16.89%, for the quarter ended June 30, 2009. Worst quarter: -22.73%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1276 0.1463 0.0706 0.1207 0.1395 0.0658 0.0770 0.1169 0.0565 0.1275 0.1462 0.0706 0.1257 0.1444 0.0695 0.1245 0.1434 0.0679 0.1242 0.1429 0.0681 0.1274 0.1467 0.0707 1999-07-01 2006-03-31 2006-03-31 2009-09-30 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20139 column dei_LegalEntityAxis compact cik0001084380_S000005360Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Large-Cap Growth Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 6 15 32 19 48 100 34 85 174 77 192 393 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20144 column dei_LegalEntityAxis compact cik0001084380_S000005387Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 22% of the average value of its portfolio.</p> 0.22 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in securities of its benchmark index (the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index). For purposes of the 80% investment policy, &#8220;large-cap&#8221; securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. The Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index is a subset of the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index, which represents the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index companies with higher price-to-book ratios and higher forecasted growth values.<font style="color: rgb(92, 92, 92); font-family: Arial; font-size: 9pt; font-weight: normal;">&#160;</font>The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Growth Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -8.65pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 44.65pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;"><font style="word-spacing: 5.325pt;">&#160;</font></font><font style="font-family: Sans-Serif; font-weight: bold;">Risks of Growth Investing</font>&#8212;Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0004 0.0004 0.0004 0.0002 0.0011 0.0027 0.0006 0.0015 0.0031 0.0006 0.0015 0.0031 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20142 column dei_LegalEntityAxis compact cik0001084380_S000005387Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20143 column dei_LegalEntityAxis compact cik0001084380_S000005387Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities of large domestic growth companies based on a market index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Growth Index Fund 0.1164 -0.3846 0.3718 0.1652 0.0258 0.1522 0.3334 0.1298 0.0561 0.0705 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20145 column dei_LegalEntityAxis compact cik0001084380_S000005387Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014660Member row primary compact * ~ Best quarter: 0.1641 2009-06-30 Worst quarter: -0.2274 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 16.41%, for the quarter ended June 30, 2009. Worst quarter: -22.74%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0705 0.1443 0.0826 0.0672 0.1387 0.0786 0.0427 0.1156 0.0668 0.0702 0.1442 0.0825 0.0675 0.1414 0.0799 0.0708 0.1450 0.0833 2015-12-04 2002-10-01 2002-10-01 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20146 column dei_LegalEntityAxis compact cik0001084380_S000005387Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Large-Cap Value Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 6 15 32 19 48 100 34 85 174 77 192 393 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20151 column dei_LegalEntityAxis compact cik0001084380_S000005388Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 23% of the average value of its portfolio.</p> 0.23 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in securities of its benchmark index (the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index). For purposes of the 80% investment policy, &#8220;large-cap&#8221; securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. The Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index is a subset of the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index, which represents the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index companies with lower price-to-book ratios and lower expected growth values. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the Russell 1000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Value Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Style Risk</font>&#8212;The risk that use of a particular investing style (such as growth&#160;or value<font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">&#160;</font>investing) may fall out of favor in the marketplace for various&#160;periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund&#8217;s portfolio investments. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 39.6pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Risks of Value Investing</font>&#8212;Securities believed to be undervalued are subject to the risks that the issuer&#8217;s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0004 0.0004 0.0004 0.0002 0.0011 0.0027 0.0006 0.0015 0.0031 0.0006 0.0015 0.0031 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20149 column dei_LegalEntityAxis compact cik0001084380_S000005388Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20150 column dei_LegalEntityAxis compact cik0001084380_S000005388Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities of large domestic value companies based on a market index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Value Index Fund -0.0020 -0.3684 0.1978 0.1539 0.0031 0.1736 0.3234 0.1337 -0.0381 0.1723 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20152 column dei_LegalEntityAxis compact cik0001084380_S000005388Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014662Member row primary compact * ~ Best quarter: 0.1813 2009-09-30 Worst quarter: -0.2215 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 18.13%, for the quarter ended September 30, 2009. Worst quarter: -22.15%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1723 0.1470 0.0567 0.1632 0.1338 0.0471 0.1038 0.1158 0.0434 0.1728 0.1470 0.0566 0.1699 0.1442 0.0541 0.1734 0.1480 0.0572 2002-10-01 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20153 column dei_LegalEntityAxis compact cik0001084380_S000005388Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF S&P 500 Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 5 15 31 16 48 97 28 85 169 64 192 381 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20158 column dei_LegalEntityAxis compact cik0001084380_S000005361Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 8% of the average value of its portfolio.</p> 0.08 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in securities of its benchmark index (the S&amp;P 500<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index). The S&amp;P 500<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index includes 500 leading companies and captures approximately 80% coverage of available market capitalization of the U.S. equity market. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the S&amp;P 500<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0004 0.0004 0.0004 0.0001 0.0011 0.0026 0.0005 0.0015 0.0030 0.0005 0.0015 0.0030 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20156 column dei_LegalEntityAxis compact cik0001084380_S000005361Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20157 column dei_LegalEntityAxis compact cik0001084380_S000005361Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities of large domestic companies selected to track U.S. equity markets based on a market&#160;index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) S&P 500 Index Fund 0.0540 -0.3692 0.2646 0.1493 0.0201 0.1594 0.3224 0.1360 0.0135 0.1187 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20159 column dei_LegalEntityAxis compact cik0001084380_S000005361Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014612Member row primary compact * ~ Best quarter: 0.1589 2009-06-30 Worst quarter: -0.2194 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 15.89%, for the quarter ended June 30, 2009. Worst quarter: -21.94%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1187 0.1458 0.0689 0.1125 0.1403 0.0643 0.0723 0.1171 0.0552 0.1184 0.1457 0.0688 0.1160 0.1429 0.0662 0.1196 0.1466 0.0695 2002-10-01 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20160 column dei_LegalEntityAxis compact cik0001084380_S000005361Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Small-Cap Blend Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 6 15 32 19 48 100 34 85 174 77 192 393 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20165 column dei_LegalEntityAxis compact cik0001084380_S000005367Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 22% of the average value of its portfolio.</p> 0.22 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities included in its benchmark index (the Russell 2000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index). A small-cap equity security is a security within the capitalization range of the companies included in the Russell 2000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index at the time of purchase. The Russell 2000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index measures the performance of the small-cap segment of the U.S. equity universe. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various U.S. equity markets as a whole or a&#160;segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the Russell 2000<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called <font style="font-family: Sans-Serif; font-weight: bold;">Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Small-Cap Risk</font>&#8212;<font style="font-family: Sans-Serif; font-weight: normal;">The risk that the stocks of small-capitalization </font>companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it&#160;appropriate. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0004 0.0004 0.0004 0.0002 0.0011 0.0027 0.0006 0.0015 0.0031 0.0006 0.0015 0.0031 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20163 column dei_LegalEntityAxis compact cik0001084380_S000005367Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20164 column dei_LegalEntityAxis compact cik0001084380_S000005367Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities in smaller domestic companies based on a market index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Small-Cap Blend Index Fund -0.0146 -0.3354 0.2683 0.2678 -0.0412 0.1661 0.3898 0.0515 -0.0414 0.2158 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20166 column dei_LegalEntityAxis compact cik0001084380_S000005367Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014624Member row primary compact * ~ Best quarter: 0.2056 2009-06-30 Worst quarter: -0.2618 2008-12-31 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 20.56%, for the quarter ended June 30, 2009. Worst quarter: -26.18%, for the quarter ended December 31, 2008.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.2158 0.1471 0.0721 0.2030 0.1322 0.0609 0.1297 0.1147 0.0551 0.2156 0.1470 0.0720 0.2128 0.1444 0.0694 0.2131 0.1446 0.0707 2002-10-01 2002-10-01 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20167 column dei_LegalEntityAxis compact cik0001084380_S000005367Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF Emerging Markets Equity Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 24 33 39 49 63 74 103 122 154 199 130 180 213 269 346 293 406 480 604 774 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20172 column dei_LegalEntityAxis compact cik0001084380_S000029605Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 30% of the average value of its portfolio.</p> 0.30 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in equity securities that comprise its benchmark index, the MSCI Emerging Markets<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index (&#8220;MSCI EM Index&#8221;), or in instruments with economic characteristics similar to all or a portion of the MSCI EM Index. The MSCI EM Index is designed to measure equity market performance in the global emerging markets. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment attributes of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various emerging market equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the MSCI EM Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">From time to time, Advisors may determine that the Fund may not invest in securities of issuers that do not meet certain corporate governance criteria. The Fund currently does not invest in certain companies with operations in Sudan.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Emerging Markets Risk</font>&#8212;The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are <font style="font-family: Sans-Serif; font-weight: normal;">subject to a variety of special restrictions in many emerging market countries</font>.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0 0 15.00 0.0014 0.0014 0.0014 0.0014 0.0014 0.0015 0.0025 0.0008 0.0017 0.0008 0.0033 0.0022 0.0001 0.0001 0.0001 0.0001 0.0001 0.0023 0.0032 0.0038 0.0048 0.0062 0.0023 0.0032 0.0038 0.0048 0.0062 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20170 column dei_LegalEntityAxis compact cik0001084380_S000029605Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20171 column dei_LegalEntityAxis compact cik0001084380_S000029605Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) &#8220;Acquired fund fees and expenses&#8221; are the Fund&#8217;s proportionate amount of the expenses of any investment companies or pools in which the Fund invests. These expenses are not paid directly by Fund shareholders. Instead, Fund shareholders bear these expenses indirectly as a result of the Fund&#8217;s investments. Because &#8220;Acquired fund fees and expenses&#8221; are included in the chart above, the Fund&#8217;s operating expenses here will not correlate with the expenses included in the Financial highlights in this Prospectus and the Fund&#8217;s annual report. 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of emerging market equity investments based on a market index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Equity Index Fund -0.1924 0.1861 -0.0321 -0.0321 -0.1483 0.1106 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20173 column dei_LegalEntityAxis compact cik0001084380_S000029605Member column rr_ProspectusShareClassAxis compact cik0001084380_C000090857Member row primary compact * ~ Best quarter: 0.1412 2012-03-31 Worst quarter: -0.2407 2011-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 14.12%, for the quarter ended March 31, 2012. Worst quarter: -24.07%, for the quarter ended September 30, 2011.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.1106 0.0100 0.0008 0.1063 0.0057 -0.0032 0.0671 0.0081 0.0012 0.1103 0.0099 0.0008 0.1081 0.0084 -0.0007 0.1074 0.0072 -0.0017 0.1057 0.0058 -0.0032 0.1119 0.0128 0.0057 2010-08-31 2015-12-04 2010-08-31 2010-08-31 2010-08-31 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20174 column dei_LegalEntityAxis compact cik0001084380_S000029605Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="12" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="12" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="12" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). TIAA-CREF International Equity Index Fund Example <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund&#8217;s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</font></p> 6 15 22 32 19 48 68 100 34 85 118 174 77 192 268 393 ~ http://tiaa-cref.com/20170227/role/ScheduleExpenseExample20179 column dei_LegalEntityAxis compact cik0001084380_S000005368Member row primary compact * ~ Portfolio turnover <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the fiscal year ended October 31, 2016, the Fund&#8217;s portfolio turnover rate was 11% of the average value of its portfolio.</p> 0.11 Principal investment strategies <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Under normal circumstances, the Fund invests at least 80% of its assets in securities of its benchmark index (the MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index). The MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index <font style="font-family: Sans-Serif; font-weight: normal;">measures stock performance in certain countries outside North America. The Fund</font> buys most, but not necessarily all, of the stocks included in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term &#8220;assets&#8221; means net assets, plus the amount of any borrowings for investment purposes.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund is designed to track various foreign equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (&#8220;Advisors&#8221;), has selected to track a designated stock market index. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">Because the return of an index is not reduced by investment and other operating expenses, the Fund&#8217;s ability to match the returns of the MSCI EAFE<sup>&#174;</sup><font style="font-family: Sans-Serif; font-weight: normal;"> </font>Index is negatively affected by the costs of buying and selling securities as well as the Fund&#8217;s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund&#8217;s benchmark index.</p> Principal investment risks <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 9.5pt; font-weight: normal;">You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund&#8217;s portfolio holdings, typically is subject to the following principal investment risks:</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Market Risk</font>&#8212;The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Issuer Risk </font>(often called<font style="font-family: Sans-Serif; font-weight: bold;"> Financial Risk</font>)&#8212;The risk that an issuer&#8217;s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer&#8217;s financial instruments over short or extended periods of time. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Foreign Investment Risk</font>&#8212;Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Index Risk</font>&#8212;The risk that the Fund&#8217;s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Additionally, to the extent that the Fund&#8217;s investments vary from the composition of its benchmark index, </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund&#8217;s performance could potentially vary from the index&#8217;s performance to a greater extent than if </font>the <font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">Fund merely attempted to replicate the index.</font></p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Large-Cap Risk</font>&#8212;The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. </p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Mid-Cap Risk</font>&#8212;The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.</p> <br/><p style="text-align: left; text-indent: -6.5pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal; margin-left: 18.75pt;"><font style="font-family: Symbol; font-size: 7pt; font-weight: normal;">&#183;</font>&#160;<font style="font-family: Sans-Serif; font-weight: bold;">Illiquid Investments Risk</font>&#8212;<font style="color: rgb(0, 0, 0); font-family: Sans-Serif; font-weight: normal;">The risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. </font></p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;"><font style="font-family: Sans-Serif; font-style: italic; font-weight: normal;">Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.</font></p> You could lose money over short or long periods by investing in this Fund. Fees and expenses <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:</p> 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0004 0.0004 0.0004 0.0004 0.0015 0.0002 0.0011 0.0002 0.0027 0.0006 0.0015 0.0021 0.0031 0.0006 0.0015 0.0021 0.0031 ~ http://tiaa-cref.com/20170227/role/ScheduleShareholderFees20177 column dei_LegalEntityAxis compact cik0001084380_S000005368Member row primary compact * ~ ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualFundOperatingExpenses20178 column dei_LegalEntityAxis compact cik0001084380_S000005368Member row primary compact * ~ ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) 2018-02-28 SHAREHOLDER FEES (fees paid directly from your investment) Estimate is for the current fiscal year. Investment objective <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of foreign equity investments based on a market index. </p> Past performance <p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund&#8217;s average annual total returns for the Institutional, Advisor, Premier and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December&#160;31, 2016, and how those returns compare to those of the Fund&#8217;s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.</p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: normal; font-weight: normal;">The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. </p> <br/><p style="text-align: left; text-indent: 12.25pt; font-family: Sans-Serif; font-size: 9.5pt; font-style: italic; font-weight: normal;">For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.</p> ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Equity Index Fund 0.1108 -0.4217 0.2959 0.0763 -0.1209 0.1909 0.2196 -0.0551 -0.0049 0.0122 ~ http://tiaa-cref.com/20170227/role/ScheduleAnnualTotalReturnsBarChart20180 column dei_LegalEntityAxis compact cik0001084380_S000005368Member column rr_ProspectusShareClassAxis compact cik0001084380_C000014626Member row primary compact * ~ Best quarter: 0.2538 2009-06-30 Worst quarter: -0.1999 2011-09-30 <p style="text-align: left; font-family: Sans-Serif; font-size: 1pt; font-style: normal; font-weight: normal;"><font style="font-family: Sans-Serif; font-size: 8.5pt; font-weight: normal;">Best quarter: 25.38%, for the quarter ended June 30, 2009. Worst quarter: -19.99%, for the quarter ended September 30, 2011.</font></p> AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016 0.0122 0.0669 0.0085 0.0050 0.0577 0.0023 0.0123 0.0510 0.0068 0.0119 0.0668 0.0085 0.0108 0.0652 0.0074 0.0096 0.0642 0.0061 0.0100 0.0653 0.0075 2002-10-01 2002-10-01 2009-09-30 2015-12-04 ~ http://tiaa-cref.com/20170227/role/ScheduleAverageAnnualReturnsTransposed20181 column dei_LegalEntityAxis compact cik0001084380_S000005368Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <table cellpadding="0" cellspacing="0" style="clear: both;" width="100%"> <tr> <td colspan="13" style="vertical-align: middle;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: italic; font-weight: normal;">Current performance of the Fund&#8217;s shares may be higher or lower than that shown above.</p></td></tr> <tr> <td colspan="13" style="vertical-align: top;"> <p style="text-align: left; font-family: Sans-Serif; font-size: 8.5pt; font-style: normal; font-weight: normal;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.</p></td></tr> <tr> <td colspan="13" style="font-size: 1pt; vertical-align: top;">&#160;</td></tr></table> Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year. www.tiaa.org After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. After-tax returns are shown for only one class, and after-tax returns for other classes will vary. The returns for the benchmark index reflect no deduction for fees, expenses or taxes. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). EX-101.SCH 5 cik0001084380-20170227.xsd 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Emerging Markets Equity Fund link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020004 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020005 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020007 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Enhanced International Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020008 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020009 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020010 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020011 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020012 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020014 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Global Natural Resources Fund link:presentationLink link:definitionLink link:calculationLink 020015 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020016 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020017 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020018 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020019 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020021 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF International Equity Fund link:presentationLink link:definitionLink link:calculationLink 020022 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020023 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020024 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020025 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020026 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020028 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF International Opportunities Fund link:presentationLink link:definitionLink link:calculationLink 020029 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020030 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020031 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020032 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020033 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020035 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF International Small-Cap Equity Fund link:presentationLink link:definitionLink link:calculationLink 020036 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020037 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020038 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020040 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Social Choice International Equity Fund link:presentationLink link:definitionLink link:calculationLink 020041 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020042 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020043 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020044 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020045 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020047 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Emerging Markets Debt Fund link:presentationLink link:definitionLink link:calculationLink 020048 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020049 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020050 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020051 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020052 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020054 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF International Bond Fund link:presentationLink link:definitionLink link:calculationLink 020055 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020056 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020057 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020059 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Enhanced Large-Cap Growth Index Fund link:presentationLink link:definitionLink link:calculationLink 020060 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020061 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020062 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020063 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020064 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020066 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Enhanced Large-Cap Value Index Fund link:presentationLink link:definitionLink link:calculationLink 020067 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020068 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020069 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020070 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020071 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020073 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Growth & Income Fund link:presentationLink link:definitionLink link:calculationLink 020074 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020075 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020076 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020077 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020078 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020080 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Large-Cap Growth Fund link:presentationLink link:definitionLink link:calculationLink 020081 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020082 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020083 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020084 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020085 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020087 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Large-Cap Value Fund link:presentationLink link:definitionLink link:calculationLink 020088 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020089 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020090 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020091 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020092 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020094 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Mid-Cap Growth Fund link:presentationLink link:definitionLink link:calculationLink 020095 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020096 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020097 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020098 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020099 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020101 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Mid-Cap Value Fund link:presentationLink link:definitionLink link:calculationLink 020102 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020103 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020104 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020105 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020106 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020108 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Small-Cap Equity Fund link:presentationLink link:definitionLink link:calculationLink 020109 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020110 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020111 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020112 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020113 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020115 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Small/Mid-Cap Equity Fund link:presentationLink link:definitionLink link:calculationLink 020116 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020117 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020118 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020120 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Social Choice Equity Fund link:presentationLink link:definitionLink link:calculationLink 020121 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020122 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020123 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020124 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020125 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020127 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Social Choice Low Carbon Equity Fund link:presentationLink link:definitionLink link:calculationLink 020128 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020129 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020130 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020131 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020132 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020134 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020135 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020136 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020137 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020138 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020139 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020141 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Large-Cap Growth Index Fund link:presentationLink link:definitionLink link:calculationLink 020142 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020143 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020144 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020145 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020146 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020148 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Large-Cap Value Index Fund link:presentationLink link:definitionLink link:calculationLink 020149 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020150 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020151 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020152 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020153 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020155 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF S&P 500 Index Fund link:presentationLink link:definitionLink link:calculationLink 020156 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020157 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020158 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020159 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020160 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020162 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Small-Cap Blend Index Fund link:presentationLink link:definitionLink link:calculationLink 020163 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020164 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020165 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020166 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020167 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020169 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF Emerging Markets Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020170 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020171 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020172 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020173 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020174 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020176 - Document - Risk/Return Summary {Unlabeled} - TIAA-CREF International Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020177 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020178 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020179 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020180 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020181 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020006 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Emerging Markets Equity Fund link:presentationLink link:definitionLink link:calculationLink 020013 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Enhanced International Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020020 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Global Natural Resources Fund link:presentationLink link:definitionLink link:calculationLink 020027 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF International Equity Fund link:presentationLink link:definitionLink link:calculationLink 020034 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF International Opportunities Fund link:presentationLink link:definitionLink link:calculationLink 020039 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF International Small-Cap Equity Fund link:presentationLink link:definitionLink link:calculationLink 020046 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Social Choice International Equity Fund link:presentationLink link:definitionLink link:calculationLink 020053 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Emerging Markets Debt Fund link:presentationLink link:definitionLink link:calculationLink 020058 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF International Bond Fund link:presentationLink link:definitionLink link:calculationLink 020065 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Enhanced Large-Cap Growth Index Fund link:presentationLink link:definitionLink link:calculationLink 020072 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Enhanced Large-Cap Value Index Fund link:presentationLink link:definitionLink link:calculationLink 020079 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Growth & Income Fund link:presentationLink link:definitionLink link:calculationLink 020086 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Large-Cap Growth Fund link:presentationLink link:definitionLink link:calculationLink 020093 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Large-Cap Value Fund link:presentationLink link:definitionLink link:calculationLink 020100 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Mid-Cap Growth Fund link:presentationLink link:definitionLink link:calculationLink 020107 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Mid-Cap Value Fund link:presentationLink link:definitionLink link:calculationLink 020114 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Small-Cap Equity Fund link:presentationLink link:definitionLink link:calculationLink 020119 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Small/Mid-Cap Equity Fund link:presentationLink link:definitionLink link:calculationLink 020126 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Social Choice Equity Fund link:presentationLink link:definitionLink link:calculationLink 020133 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Social Choice Low Carbon Equity Fund link:presentationLink link:definitionLink link:calculationLink 020140 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020147 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Large-Cap Growth Index Fund link:presentationLink link:definitionLink link:calculationLink 020154 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Large-Cap Value Index Fund link:presentationLink link:definitionLink link:calculationLink 020161 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF S&P 500 Index Fund link:presentationLink link:definitionLink link:calculationLink 020168 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Small-Cap Blend Index Fund link:presentationLink link:definitionLink link:calculationLink 020175 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF Emerging Markets Equity Index Fund link:presentationLink link:definitionLink link:calculationLink 020182 - Disclosure - Risk/Return Detail Data {Elements} - TIAA-CREF International Equity Index Fund link:presentationLink link:definitionLink link:calculationLink EX-101.DEF 6 cik0001084380-20170227_def.xml EX-101.LAB 7 cik0001084380-20170227_lab.xml EX-101.PRE 8 cik0001084380-20170227_pre.xml XML 9 R1.htm IDEA: XBRL DOCUMENT v3.6.0.2
Document and Entity Information
Total
Prospectus:  
Document Type 485BPOS
Document Period End Date Oct. 31, 2016
Registrant Name TIAA-CREF FUNDS
Central Index Key 0001084380
Amendment Flag false
Document Creation Date Feb. 27, 2017
Document Effective Date Mar. 01, 2017
Prospectus Date Mar. 01, 2017
GRAPHIC 10 BarChart1.png IDEA: XBRL DOCUMENT begin 644 BarChart1.png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end XML 11 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Emerging Markets Equity Fund
TIAA-CREF Emerging Markets Equity Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of emerging markets equity investments.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Emerging Markets Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Emerging Markets Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.85% 0.85% 0.85% 0.85% 0.85%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.09% 0.17% [1] 0.09% 0.34% 0.26%
Total annual Fund operating expenses 0.94% 1.02% 1.09% 1.19% 1.36%
Waivers and expense reimbursements [2] (0.02%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.94% 1.02% 1.09% 1.19% 1.34%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.95% of average daily net assets for Institutional Class shares; (ii) 1.10% of average daily net assets for Advisor Class shares; (iii) 1.10% of average daily net assets for Premier Class shares; (iv) 1.20% of average daily net assets for Retirement Class shares; and (v) 1.34% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Emerging Markets Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 96 $ 104 $ 111 $ 121 $ 136
3 years 300 325 347 378 429
5 years 520 563 601 654 743
10 years $ 1,155 $ 1,248 $ 1,329 $ 1,443 $ 1,633
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 195% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of emerging market issuers or in instruments with economic characteristics similar to emerging market equity securities. The Fund considers an “emerging market security” to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that has primary operations in an emerging market. The Fund generally defines an “emerging market” as any of the countries or markets represented in the Fund’s benchmark index, the MSCI Emerging Markets® Index (“MSCI EM Index”), or any other country or market with similar emerging characteristics. The stock selection decisions of the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), drive Advisors’ country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund’s sector and country exposure against the MSCI EM Index to assess its comparative investment exposures. Advisors looks for companies of any size that it believes have sustainable earnings growth, focused management with successful track records, unique and easy-to-understand franchises (brands), stock prices that do not fully reflect the stock’s potential value (based on current earnings, assets, and long-term growth prospects), and consistent generation of free cash flow. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Equity Fund
Bar Chart

Best quarter: 13.99%, for the quarter ended March 31, 2012. Worst quarter: -23.77%, for the quarter ended September 30, 2011.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Emerging Markets Equity Fund
1 Year
5 Years
Since Inception
Inception Date
Institutional Class 5.96% 0.45% (0.67%) Aug. 31, 2010
Advisor Class 5.82% 0.42% [1] (0.69%) [1] Dec. 04, 2015
Premier Class 5.71% 0.30% (0.82%) Aug. 31, 2010
Retirement Class 5.71% 0.19% (0.92%) Aug. 31, 2010
Retail Class 5.41% 0.03% (1.07%) Aug. 31, 2010
After Taxes on Distributions | Institutional Class 5.92% 0.34% (0.76%)  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 3.76% 0.49% (0.37%)  
MSCI Emerging Markets® Index (reflects no deductions for fees, expenses or taxes) 11.19% 1.28% 0.57% [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 12 R8.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Emerging Markets Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Emerging Markets Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of emerging markets equity investments.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 195% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 195.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of emerging market issuers or in instruments with economic characteristics similar to emerging market equity securities. The Fund considers an “emerging market security” to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that has primary operations in an emerging market. The Fund generally defines an “emerging market” as any of the countries or markets represented in the Fund’s benchmark index, the MSCI Emerging Markets® Index (“MSCI EM Index”), or any other country or market with similar emerging characteristics. The stock selection decisions of the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), drive Advisors’ country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund’s sector and country exposure against the MSCI EM Index to assess its comparative investment exposures. Advisors looks for companies of any size that it believes have sustainable earnings growth, focused management with successful track records, unique and easy-to-understand franchises (brands), stock prices that do not fully reflect the stock’s potential value (based on current earnings, assets, and long-term growth prospects), and consistent generation of free cash flow. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Equity Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 13.99%, for the quarter ended March 31, 2012. Worst quarter: -23.77%, for the quarter ended September 30, 2011.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.99%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.77%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Emerging Markets Equity Fund | MSCI Emerging Markets® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.19%
5 Years rr_AverageAnnualReturnYear05 1.28%
Since Inception rr_AverageAnnualReturnSinceInception 0.57% [1]
TIAA-CREF Emerging Markets Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.85%
Other expenses rr_OtherExpensesOverAssets 0.09%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.94%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.94%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 96
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 300
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 520
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,155
Annual Return 2011 rr_AnnualReturn2011 (20.57%)
Annual Return 2012 rr_AnnualReturn2012 20.48%
Annual Return 2013 rr_AnnualReturn2013 (0.37%)
Annual Return 2014 rr_AnnualReturn2014 (7.75%)
Annual Return 2015 rr_AnnualReturn2015 (12.85%)
Annual Return 2016 rr_AnnualReturn2016 5.96%
1 Year rr_AverageAnnualReturnYear01 5.96%
5 Years rr_AverageAnnualReturnYear05 0.45%
Since Inception rr_AverageAnnualReturnSinceInception (0.67%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 31, 2010
TIAA-CREF Emerging Markets Equity Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.92%
5 Years rr_AverageAnnualReturnYear05 0.34%
Since Inception rr_AverageAnnualReturnSinceInception (0.76%)
TIAA-CREF Emerging Markets Equity Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 3.76%
5 Years rr_AverageAnnualReturnYear05 0.49%
Since Inception rr_AverageAnnualReturnSinceInception (0.37%)
TIAA-CREF Emerging Markets Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.85%
Other expenses rr_OtherExpensesOverAssets 0.17% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 1.02%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.02%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 104
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 325
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 563
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,248
1 Year rr_AverageAnnualReturnYear01 5.82%
5 Years rr_AverageAnnualReturnYear05 0.42% [4]
Since Inception rr_AverageAnnualReturnSinceInception (0.69%) [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Emerging Markets Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.85%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.09%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.09%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.09%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 111
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 347
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 601
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,329
1 Year rr_AverageAnnualReturnYear01 5.71%
5 Years rr_AverageAnnualReturnYear05 0.30%
Since Inception rr_AverageAnnualReturnSinceInception (0.82%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 31, 2010
TIAA-CREF Emerging Markets Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.85%
Other expenses rr_OtherExpensesOverAssets 0.34%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.19%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.19%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 121
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 378
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 654
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,443
1 Year rr_AverageAnnualReturnYear01 5.71%
5 Years rr_AverageAnnualReturnYear05 0.19%
Since Inception rr_AverageAnnualReturnSinceInception (0.92%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 31, 2010
TIAA-CREF Emerging Markets Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.85%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.36%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.02%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.34%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 136
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 429
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 743
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,633
1 Year rr_AverageAnnualReturnYear01 5.41%
5 Years rr_AverageAnnualReturnYear05 0.03%
Since Inception rr_AverageAnnualReturnSinceInception (1.07%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 31, 2010
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.95% of average daily net assets for Institutional Class shares; (ii) 1.10% of average daily net assets for Advisor Class shares; (iii) 1.10% of average daily net assets for Premier Class shares; (iv) 1.20% of average daily net assets for Retirement Class shares; and (v) 1.34% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 13 BarChart2.png IDEA: XBRL DOCUMENT begin 644 BarChart2.png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end XML 14 R9.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Enhanced International Equity Index Fund
TIAA-CREF Enhanced International Equity Index Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Enhanced International Equity Index Fund
Institutional Class
Advisor Class
Maximum sales charge imposed on purchases (percentage of offering price) none none
Maximum deferred sales charge none none
Maximum sales charge imposed on reinvested dividends and other distributions none none
Redemption or exchange fee none none
Maximum account fee none none
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Enhanced International Equity Index Fund
Institutional Class
Advisor Class
Management fees 0.39% 0.39%
Other expenses 0.02% 0.12% [1]
Total annual Fund operating expenses 0.41% 0.51%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.41% 0.51%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.50% of average daily net assets for Institutional Class shares; and (ii) 0.65% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Enhanced International Equity Index Fund - USD ($)
Institutional Class
Advisor Class
1 year $ 42 $ 52
3 years 132 164
5 years 230 285
10 years $ 518 $ 640
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 100% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers included in the Fund’s benchmark index, the Morgan Stanley Capital International EAFE®(Europe, Australasia, Far East) Index (the “MSCI EAFE® Index”), at the time of purchase, but not necessarily at index weightings. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund follows an enhanced index management strategy. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), actively uses quantitative analysis to attempt to enhance the Fund’s performance relative to the MSCI EAFE® Index while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The MSCI EAFE® Index measures stock performance in certain countries outside North America.


Enhanced index strategies employ quantitative modeling techniques for stock selection, country allocation and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund’s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.


Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the MSCI EAFE® Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests.


Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund’s investment strategies. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors’ analysis.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Enhanced Index Risk—As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class.


Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced International Equity Index Fund
Bar Chart

Best quarter: 25.11%, for the quarter ended June 30, 2009. Worst quarter: -20.99%, for the quarter ended September 30, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Enhanced International Equity Index Fund
1 Year
5 Years
Since Inception
Inception Date
Institutional Class 0.26% 7.07% (0.52%) Nov. 30, 2007
Advisor Class 0.08% 7.06% [1] (0.52%) [1] Dec. 04, 2015
After Taxes on Distributions | Institutional Class (0.38%) 5.78% (1.27%)  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 0.69% 5.45% (0.35%)  
MSCI EAFE® Index (reflects no deductions for fees, expenses or taxes) 1.00% 6.53% (0.59%) [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 15 R15.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Enhanced International Equity Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Enhanced International Equity Index Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 100% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 100.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers included in the Fund’s benchmark index, the Morgan Stanley Capital International EAFE®(Europe, Australasia, Far East) Index (the “MSCI EAFE® Index”), at the time of purchase, but not necessarily at index weightings. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund follows an enhanced index management strategy. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), actively uses quantitative analysis to attempt to enhance the Fund’s performance relative to the MSCI EAFE® Index while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The MSCI EAFE® Index measures stock performance in certain countries outside North America.


Enhanced index strategies employ quantitative modeling techniques for stock selection, country allocation and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund’s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.


Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the MSCI EAFE® Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests.


Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund’s investment strategies. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors’ analysis.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Enhanced Index Risk—As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class.


Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced International Equity Index Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 25.11%, for the quarter ended June 30, 2009. Worst quarter: -20.99%, for the quarter ended September 30, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 25.11%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.99%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Enhanced International Equity Index Fund | MSCI EAFE® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.00%
5 Years rr_AverageAnnualReturnYear05 6.53%
Since Inception rr_AverageAnnualReturnSinceInception (0.59%) [1]
TIAA-CREF Enhanced International Equity Index Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.39%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.41%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.41%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 42
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 132
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 230
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 518
Annual Return 2008 rr_AnnualReturn2008 (43.45%)
Annual Return 2009 rr_AnnualReturn2009 26.95%
Annual Return 2010 rr_AnnualReturn2010 9.78%
Annual Return 2011 rr_AnnualReturn2011 (11.39%)
Annual Return 2012 rr_AnnualReturn2012 18.81%
Annual Return 2013 rr_AnnualReturn2013 23.95%
Annual Return 2014 rr_AnnualReturn2014 (4.08%)
Annual Return 2015 rr_AnnualReturn2015 (0.65%)
Annual Return 2016 rr_AnnualReturn2016 0.26%
1 Year rr_AverageAnnualReturnYear01 0.26%
5 Years rr_AverageAnnualReturnYear05 7.07%
Since Inception rr_AverageAnnualReturnSinceInception (0.52%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
TIAA-CREF Enhanced International Equity Index Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.38%)
5 Years rr_AverageAnnualReturnYear05 5.78%
Since Inception rr_AverageAnnualReturnSinceInception (1.27%)
TIAA-CREF Enhanced International Equity Index Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.69%
5 Years rr_AverageAnnualReturnYear05 5.45%
Since Inception rr_AverageAnnualReturnSinceInception (0.35%)
TIAA-CREF Enhanced International Equity Index Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.39%
Other expenses rr_OtherExpensesOverAssets 0.12% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.51%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.51%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 52
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 164
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 285
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 640
1 Year rr_AverageAnnualReturnYear01 0.08%
5 Years rr_AverageAnnualReturnYear05 7.06% [4]
Since Inception rr_AverageAnnualReturnSinceInception (0.52%) [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.50% of average daily net assets for Institutional Class shares; and (ii) 0.65% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 16 BarChart3.png IDEA: XBRL DOCUMENT begin 644 BarChart3.png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end XML 17 R16.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Global Natural Resources Fund
TIAA-CREF Global Natural Resources Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, from investments related to the natural resources sector.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Global Natural Resources Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Global Natural Resources Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.65% 0.65% 0.65% 0.65% 0.65%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.13% 0.23% [1] 0.14% 0.39% 0.29%
Total annual Fund operating expenses 0.78% 0.88% 0.94% 1.04% 1.19%
Waivers and expense reimbursements [2] (0.03%) (0.03%) (0.04%) (0.04%) (0.05%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.75% 0.85% 0.90% 1.00% 1.14%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.75% of average daily net assets for Institutional Class shares; (ii) 0.90% of average daily net assets for Advisor Class shares; (iii) 0.90% of average daily net assets for Premier Class shares; (iv) 1.00% of average daily net assets for Retirement Class shares; and (v) 1.14% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Global Natural Resources Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 77 $ 87 $ 92 $ 102 $ 116
3 years 246 278 296 327 373
5 years 430 485 516 570 650
10 years $ 963 $ 1,082 $ 1,151 $ 1,267 $ 1,439
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 365% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in securities of issuers that are primarily engaged in the ownership, development, exploration, production, distribution or processing of natural resources, as well as in securities of companies that are suppliers to firms producing natural resources, in instruments with economic characteristics similar to natural resources securities or in direct holdings of natural resources. The Fund will primarily invest in equity securities, but, from time to time, the Fund may also invest in debt securities of issuers engaged in or related to the natural resources sector. The Fund generally defines “natural resources” as energy, metals, agriculture and other commodities, as well as related products and services. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is considered to be “non-diversified,” which means it may invest in fewer issuers than a “diversified” fund. Due to the Fund’s substantial investment in issuers within the natural resources sector, the Fund’s investments are considered to be “concentrated” in this sector.


Typically, the Fund will invest in issuers listed in at least three countries outside the United States, and will invest at least 40% of its assets in foreign issuers. However, when market conditions warrant, the Fund may invest a higher percentage in U.S. issuers. In such cases, the Fund will invest at least 30% in foreign issuers. The investment selection decisions of the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), drives country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund’s issuer, natural resource sub-sector and country exposure against its benchmark index, the MSCI All Country World Commodity Producers Sector Capped Index (the “Index”), to assess the Fund’s relative investment exposures. Advisors looks to invest the Fund’s assets globally in financial instruments of well-positioned companies in the natural resources sector, both in developed and emerging markets. In selecting the Fund’s investments, Advisors generally favors companies that it believes are resource-rich, have growth potential and trade at relatively attractive valuations, regardless of their geographical location. The Fund may also invest in companies that Advisors believes are well-positioned as suppliers to the natural resources sector, or benefit in some way from the natural resources value chain. The Fund may also hold certain natural resources directly, such as precious metals or timberland, subject to regulatory illiquidity limits and other restrictions. The Fund may invest in issuers with various levels of market capitalization.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Industry/Sector Concentration Risk—The risk that focusing on investment in specific industries or sectors makes a fund more vulnerable to developments particularly affecting those industries or sectors than a more broadly diversified fund would be.


· Special Risks of Investing in Natural Resources Investments—The value of the Fund’s investments in financial instruments of natural resources issuers and directly in natural resources may be affected by various factors, including increased market volatility, natural events, inflationary pressure and national and international politics, causing the Fund to perform poorly. In addition, direct investments in natural resources, such as holding precious metals, are generally more illiquid than securities holdings, which could result in difficulty in their disposal in a timely and favorable manner.


· Non-Diversification Risk—The Fund is considered to be “non-diversified,” which means that it can invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund’s return since it may represent a larger portion of the Fund’s total portfolio assets.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Global Natural Resources Fund
Bar Chart

Best quarter: 10.87%, for the quarter ended December 31, 2016. Worst quarter: -16.81%, for the quarter ended September 30, 2015.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Global Natural Resources Fund
1 Year
5 Years
Since Inception
Inception Date
Institutional Class 33.18% (0.28%) (0.96%) Nov. 01, 2011
Advisor Class 33.10% (0.26%) [1] (0.94%) [1] Dec. 04, 2015
Premier Class 33.03% (0.42%) (1.09%) Nov. 01, 2011
Retirement Class 32.80% (0.52%) (1.19%) Nov. 01, 2011
Retail Class 32.64% (0.67%) (1.34%) Nov. 01, 2011
After Taxes on Distributions | Institutional Class 32.16% (0.75%) (1.42%)  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 19.52% (0.17%) (0.68%)  
MSCI All Country World Commodity Producers Sector Capped Index (reflects no deductions for fees, expenses or taxes) 31.32% (1.78%) (2.34%) [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 18 R22.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Global Natural Resources Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Global Natural Resources Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, from investments related to the natural resources sector.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 365% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 365.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in securities of issuers that are primarily engaged in the ownership, development, exploration, production, distribution or processing of natural resources, as well as in securities of companies that are suppliers to firms producing natural resources, in instruments with economic characteristics similar to natural resources securities or in direct holdings of natural resources. The Fund will primarily invest in equity securities, but, from time to time, the Fund may also invest in debt securities of issuers engaged in or related to the natural resources sector. The Fund generally defines “natural resources” as energy, metals, agriculture and other commodities, as well as related products and services. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is considered to be “non-diversified,” which means it may invest in fewer issuers than a “diversified” fund. Due to the Fund’s substantial investment in issuers within the natural resources sector, the Fund’s investments are considered to be “concentrated” in this sector.


Typically, the Fund will invest in issuers listed in at least three countries outside the United States, and will invest at least 40% of its assets in foreign issuers. However, when market conditions warrant, the Fund may invest a higher percentage in U.S. issuers. In such cases, the Fund will invest at least 30% in foreign issuers. The investment selection decisions of the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), drives country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund’s issuer, natural resource sub-sector and country exposure against its benchmark index, the MSCI All Country World Commodity Producers Sector Capped Index (the “Index”), to assess the Fund’s relative investment exposures. Advisors looks to invest the Fund’s assets globally in financial instruments of well-positioned companies in the natural resources sector, both in developed and emerging markets. In selecting the Fund’s investments, Advisors generally favors companies that it believes are resource-rich, have growth potential and trade at relatively attractive valuations, regardless of their geographical location. The Fund may also invest in companies that Advisors believes are well-positioned as suppliers to the natural resources sector, or benefit in some way from the natural resources value chain. The Fund may also hold certain natural resources directly, such as precious metals or timberland, subject to regulatory illiquidity limits and other restrictions. The Fund may invest in issuers with various levels of market capitalization.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Industry/Sector Concentration Risk—The risk that focusing on investment in specific industries or sectors makes a fund more vulnerable to developments particularly affecting those industries or sectors than a more broadly diversified fund would be.


· Special Risks of Investing in Natural Resources Investments—The value of the Fund’s investments in financial instruments of natural resources issuers and directly in natural resources may be affected by various factors, including increased market volatility, natural events, inflationary pressure and national and international politics, causing the Fund to perform poorly. In addition, direct investments in natural resources, such as holding precious metals, are generally more illiquid than securities holdings, which could result in difficulty in their disposal in a timely and favorable manner.


· Non-Diversification Risk—The Fund is considered to be “non-diversified,” which means that it can invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund’s return since it may represent a larger portion of the Fund’s total portfolio assets.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is considered to be “non-diversified,” which means that it can invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund’s return since it may represent a larger portion of the Fund’s total portfolio assets.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Global Natural Resources Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 10.87%, for the quarter ended December 31, 2016. Worst quarter: -16.81%, for the quarter ended September 30, 2015.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.87%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2015
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.81%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Global Natural Resources Fund | MSCI All Country World Commodity Producers Sector Capped Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.32%
5 Years rr_AverageAnnualReturnYear05 (1.78%)
Since Inception rr_AverageAnnualReturnSinceInception (2.34%) [1]
TIAA-CREF Global Natural Resources Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Other expenses rr_OtherExpensesOverAssets 0.13%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.78%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.75%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 77
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 246
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 430
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 963
Annual Return 2012 rr_AnnualReturn2012 9.89%
Annual Return 2013 rr_AnnualReturn2013 (2.54%)
Annual Return 2014 rr_AnnualReturn2014 (11.64%)
Annual Return 2015 rr_AnnualReturn2015 (21.75%)
Annual Return 2016 rr_AnnualReturn2016 33.18%
1 Year rr_AverageAnnualReturnYear01 33.18%
5 Years rr_AverageAnnualReturnYear05 (0.28%)
Since Inception rr_AverageAnnualReturnSinceInception (0.96%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2011
TIAA-CREF Global Natural Resources Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 32.16%
5 Years rr_AverageAnnualReturnYear05 (0.75%)
Since Inception rr_AverageAnnualReturnSinceInception (1.42%)
TIAA-CREF Global Natural Resources Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.52%
5 Years rr_AverageAnnualReturnYear05 (0.17%)
Since Inception rr_AverageAnnualReturnSinceInception (0.68%)
TIAA-CREF Global Natural Resources Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Other expenses rr_OtherExpensesOverAssets 0.23% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.88%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.85%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 87
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 278
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 485
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,082
1 Year rr_AverageAnnualReturnYear01 33.10%
5 Years rr_AverageAnnualReturnYear05 (0.26%) [4]
Since Inception rr_AverageAnnualReturnSinceInception (0.94%) [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Global Natural Resources Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.14%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.94%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 92
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 296
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 516
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,151
1 Year rr_AverageAnnualReturnYear01 33.03%
5 Years rr_AverageAnnualReturnYear05 (0.42%)
Since Inception rr_AverageAnnualReturnSinceInception (1.09%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2011
TIAA-CREF Global Natural Resources Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Other expenses rr_OtherExpensesOverAssets 0.39%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.04%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 102
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 327
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 570
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,267
1 Year rr_AverageAnnualReturnYear01 32.80%
5 Years rr_AverageAnnualReturnYear05 (0.52%)
Since Inception rr_AverageAnnualReturnSinceInception (1.19%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2011
TIAA-CREF Global Natural Resources Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.65%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.29%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.19%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.14%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 116
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 373
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 650
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,439
1 Year rr_AverageAnnualReturnYear01 32.64%
5 Years rr_AverageAnnualReturnYear05 (0.67%)
Since Inception rr_AverageAnnualReturnSinceInception (1.34%)
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2011
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.75% of average daily net assets for Institutional Class shares; (ii) 0.90% of average daily net assets for Advisor Class shares; (iii) 0.90% of average daily net assets for Premier Class shares; (iv) 1.00% of average daily net assets for Retirement Class shares; and (v) 1.14% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 19 BarChart4.png IDEA: XBRL DOCUMENT begin 644 BarChart4.png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end XML 20 R23.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF International Equity Fund
TIAA-CREF International Equity Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF International Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF International Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.46% 0.46% 0.46% 0.46% 0.46%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.03% 0.10% [1] 0.03% 0.28% 0.07%
Total annual Fund operating expenses 0.49% 0.56% 0.64% 0.74% 0.78%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.49% 0.56% 0.64% 0.74% 0.78%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.60% of average daily net assets for Institutional Class shares; (ii) 0.75% of average daily net assets for Advisor Class shares; (iii) 0.75% of average daily net assets for Premier Class shares; (iv) 0.85% of average daily net assets for Retirement Class shares; and (v) 0.99% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF International Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 50 $ 57 $ 65 $ 76 $ 80
3 years 157 179 205 237 249
5 years 274 313 357 411 433
10 years $ 616 $ 701 $ 798 $ 918 $ 966
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 95% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), selects individual stocks, and lets the Fund’s country and regional asset allocations evolve from their stock selection. The Fund may invest in emerging markets to varying degrees, depending on the prevalence of stock specific opportunities. The Fund typically invests in companies of all sizes, including smaller, lesser-known companies where Advisors believes it has some unique insights into the company. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


Advisors typically invests in companies that can demonstrate an ability to generate free cash flow and strong market share. In addition, Advisors looks for companies with performance oriented management that focuses on growth through innovation, sustainable earnings growth and shareholder returns. Advisors will typically invest in these types of companies when Advisors believes that their stock prices do not fully reflect the stock’s potential value, based on current earnings, assets and long-term growth prospects.


The Fund is actively managed; however, Advisors regularly reviews the Fund’s sector and country exposure against the Fund’s benchmark index, the Morgan Stanley Capital International EAFE® (Europe, Australasia, Far East) Index (the “MSCI EAFE® Index”), to seek to control risk.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Equity Fund
Bar Chart

Best quarter: 25.32%, for the quarter ended June 30, 2009. Worst quarter: -26.49%, for the quarter ended September 30, 2011.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF International Equity Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 0.41% 8.25% 0.78% Jul. 01, 1999
Advisor Class 0.39% 8.27% [1] 0.79% [1] Dec. 04, 2015
Premier Class 0.35% 8.11% 0.68% [1] Sep. 30, 2009
Retirement Class 0.13% 7.99% 0.54% Oct. 01, 2002
Retail Class 0.10% 7.91% 0.51% Mar. 31, 2006
After Taxes on Distributions | Institutional Class 0.13% 7.92% 0.36%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 0.60% 6.57% 0.81%  
MSCI EAFE® Index (reflects no deductions for fees, expenses or taxes) 1.00% 6.53% 0.75%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 

XML 21 R29.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF International Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF International Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 95% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 95.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), selects individual stocks, and lets the Fund’s country and regional asset allocations evolve from their stock selection. The Fund may invest in emerging markets to varying degrees, depending on the prevalence of stock specific opportunities. The Fund typically invests in companies of all sizes, including smaller, lesser-known companies where Advisors believes it has some unique insights into the company. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


Advisors typically invests in companies that can demonstrate an ability to generate free cash flow and strong market share. In addition, Advisors looks for companies with performance oriented management that focuses on growth through innovation, sustainable earnings growth and shareholder returns. Advisors will typically invest in these types of companies when Advisors believes that their stock prices do not fully reflect the stock’s potential value, based on current earnings, assets and long-term growth prospects.


The Fund is actively managed; however, Advisors regularly reviews the Fund’s sector and country exposure against the Fund’s benchmark index, the Morgan Stanley Capital International EAFE® (Europe, Australasia, Far East) Index (the “MSCI EAFE® Index”), to seek to control risk.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Equity Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 25.32%, for the quarter ended June 30, 2009. Worst quarter: -26.49%, for the quarter ended September 30, 2011.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 25.32%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (26.49%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF International Equity Fund | MSCI EAFE® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.00%
5 Years rr_AverageAnnualReturnYear05 6.53%
10 Years rr_AverageAnnualReturnYear10 0.75%
TIAA-CREF International Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Other expenses rr_OtherExpensesOverAssets 0.03%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.49%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.49%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 50
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 157
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 274
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 616
Annual Return 2007 rr_AnnualReturn2007 19.08%
Annual Return 2008 rr_AnnualReturn2008 (49.57%)
Annual Return 2009 rr_AnnualReturn2009 32.00%
Annual Return 2010 rr_AnnualReturn2010 19.98%
Annual Return 2011 rr_AnnualReturn2011 (23.54%)
Annual Return 2012 rr_AnnualReturn2012 31.29%
Annual Return 2013 rr_AnnualReturn2013 24.04%
Annual Return 2014 rr_AnnualReturn2014 (7.99%)
Annual Return 2015 rr_AnnualReturn2015 (1.18%)
Annual Return 2016 rr_AnnualReturn2016 0.41%
1 Year rr_AverageAnnualReturnYear01 0.41%
5 Years rr_AverageAnnualReturnYear05 8.25%
10 Years rr_AverageAnnualReturnYear10 0.78%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 1999
TIAA-CREF International Equity Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.13%
5 Years rr_AverageAnnualReturnYear05 7.92%
10 Years rr_AverageAnnualReturnYear10 0.36%
TIAA-CREF International Equity Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.60%
5 Years rr_AverageAnnualReturnYear05 6.57%
10 Years rr_AverageAnnualReturnYear10 0.81%
TIAA-CREF International Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Other expenses rr_OtherExpensesOverAssets 0.10% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.56%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.56%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 57
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 179
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 313
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 701
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 8.27% [3]
10 Years rr_AverageAnnualReturnYear10 0.79% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF International Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.03%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.64%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.64%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 65
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 205
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 357
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 798
1 Year rr_AverageAnnualReturnYear01 0.35%
5 Years rr_AverageAnnualReturnYear05 8.11%
10 Years rr_AverageAnnualReturnYear10 0.68% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF International Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Other expenses rr_OtherExpensesOverAssets 0.28%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.74%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.74%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 76
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 237
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 411
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 918
1 Year rr_AverageAnnualReturnYear01 0.13%
5 Years rr_AverageAnnualReturnYear05 7.99%
10 Years rr_AverageAnnualReturnYear10 0.54%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF International Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.46%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.07%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.78%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.78%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 80
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 249
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 433
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 966
1 Year rr_AverageAnnualReturnYear01 0.10%
5 Years rr_AverageAnnualReturnYear05 7.91%
10 Years rr_AverageAnnualReturnYear10 0.51%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.60% of average daily net assets for Institutional Class shares; (ii) 0.75% of average daily net assets for Advisor Class shares; (iii) 0.75% of average daily net assets for Premier Class shares; (iv) 0.85% of average daily net assets for Retirement Class shares; and (v) 0.99% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 22 BarChart5.png IDEA: XBRL DOCUMENT begin 644 BarChart5.png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end XML 23 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF International Opportunities Fund
TIAA-CREF International Opportunities Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF International Opportunities Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF International Opportunities Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.59% 0.59% 0.59% 0.59% 0.59%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.04% 0.13% [1] 0.05% 0.29% 0.26%
Total annual Fund operating expenses 0.63% 0.72% 0.79% 0.88% 1.10%
Waivers and expense reimbursements [2] (0.01%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.63% 0.72% 0.79% 0.88% 1.09%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.70% of average daily net assets for Institutional Class shares; (ii) 0.85% of average daily net assets for Advisor Class shares; (iii) 0.85% of average daily net assets for Premier Class shares; (iv) 0.95% of average daily net assets for Retirement Class shares; and (v) 1.09% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF International Opportunities Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 64 $ 74 $ 81 $ 90 $ 111
3 years 202 230 252 281 349
5 years 351 401 439 488 605
10 years $ 786 $ 894 $ 978 $ 1,084 $ 1,339
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 31% of the average value of its portfolio.

Principal investment strategies

The Fund primarily invests in equity securities of issuers in developed and emerging markets located around the world but outside the United States. The Fund anticipates investing in a number of foreign markets, but at a minimum it will invest in at least three countries outside the United States. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), selects individual stocks, and lets the Fund’s country and regional asset allocations evolve from this stock selection. The Fund may invest in companies of all sizes.


Advisors typically invests in companies that it believes can demonstrate positive and sustainable structural change. In addition, Advisors looks for companies in the early stages of a structural growth opportunity driven by differentiated products and/or services that maintain strong barriers to entry, continue to outgrow peers and demonstrate accelerating top-line growth with margin expansion. Advisors will typically invest in these types of companies when Advisors believes that their stock prices do not fully reflect the stock’s potential value, based on current earnings, assets and long-term growth prospects.


The Fund is actively managed; however, Advisors regularly reviews the Fund’s sector and country exposure against the Fund’s benchmark index, the Morgan Stanley Capital International ACWI (All Country World Index) ex USA® Index (the “MSCI ACWI ex USA® Index”), to seek to control risk.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Opportunities Fund
Bar Chart

Best quarter: 7.94%, for the quarter ended September 30, 2016. Worst quarter: -9.95%, for the quarter ended September 30, 2015.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF International Opportunities Fund
1 Year
Since Inception
Inception Date
Institutional Class (0.69%) 1.10% Apr. 12, 2013
Advisor Class (0.80%) 1.06% [1] Dec. 04, 2015
Premier Class (0.89%) 0.92% Apr. 12, 2013
Retirement Class (0.94%) 0.83% Apr. 12, 2013
Retail Class (1.27%) 0.69% Apr. 12, 2013
After Taxes on Distributions | Institutional Class (0.92%) 0.89%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class (0.07%) 0.88%  
MSCI All Country World Index ex USA (reflects no deductions for fees, expenses or taxes) 4.50% 1.22% [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 24 R36.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF International Opportunities Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF International Opportunities Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 31% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 31.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

The Fund primarily invests in equity securities of issuers in developed and emerging markets located around the world but outside the United States. The Fund anticipates investing in a number of foreign markets, but at a minimum it will invest in at least three countries outside the United States. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), selects individual stocks, and lets the Fund’s country and regional asset allocations evolve from this stock selection. The Fund may invest in companies of all sizes.


Advisors typically invests in companies that it believes can demonstrate positive and sustainable structural change. In addition, Advisors looks for companies in the early stages of a structural growth opportunity driven by differentiated products and/or services that maintain strong barriers to entry, continue to outgrow peers and demonstrate accelerating top-line growth with margin expansion. Advisors will typically invest in these types of companies when Advisors believes that their stock prices do not fully reflect the stock’s potential value, based on current earnings, assets and long-term growth prospects.


The Fund is actively managed; however, Advisors regularly reviews the Fund’s sector and country exposure against the Fund’s benchmark index, the Morgan Stanley Capital International ACWI (All Country World Index) ex USA® Index (the “MSCI ACWI ex USA® Index”), to seek to control risk.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) International Opportunities Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 7.94%, for the quarter ended September 30, 2016. Worst quarter: -9.95%, for the quarter ended September 30, 2015.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.94%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2015
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.95%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF International Opportunities Fund | MSCI All Country World Index ex USA (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.50%
Since Inception rr_AverageAnnualReturnSinceInception 1.22% [1]
TIAA-CREF International Opportunities Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.59%
Other expenses rr_OtherExpensesOverAssets 0.04%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.63%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.63%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 64
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 202
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 351
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 786
Annual Return 2014 rr_AnnualReturn2014 (8.09%)
Annual Return 2015 rr_AnnualReturn2015 1.67%
Annual Return 2016 rr_AnnualReturn2016 (0.69%)
1 Year rr_AverageAnnualReturnYear01 (0.69%)
Since Inception rr_AverageAnnualReturnSinceInception 1.10%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 12, 2013
TIAA-CREF International Opportunities Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.92%)
Since Inception rr_AverageAnnualReturnSinceInception 0.89%
TIAA-CREF International Opportunities Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.07%)
Since Inception rr_AverageAnnualReturnSinceInception 0.88%
TIAA-CREF International Opportunities Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.59%
Other expenses rr_OtherExpensesOverAssets 0.13% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.72%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.72%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 74
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 230
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 401
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 894
1 Year rr_AverageAnnualReturnYear01 (0.80%)
Since Inception rr_AverageAnnualReturnSinceInception 1.06% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF International Opportunities Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.59%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.05%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.79%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.79%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 81
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 252
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 439
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 978
1 Year rr_AverageAnnualReturnYear01 (0.89%)
Since Inception rr_AverageAnnualReturnSinceInception 0.92%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 12, 2013
TIAA-CREF International Opportunities Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.59%
Other expenses rr_OtherExpensesOverAssets 0.29%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.88%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.88%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 90
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 281
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 488
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,084
1 Year rr_AverageAnnualReturnYear01 (0.94%)
Since Inception rr_AverageAnnualReturnSinceInception 0.83%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 12, 2013
TIAA-CREF International Opportunities Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.59%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.10%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.01%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.09%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 111
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 349
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 605
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,339
1 Year rr_AverageAnnualReturnYear01 (1.27%)
Since Inception rr_AverageAnnualReturnSinceInception 0.69%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 12, 2013
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.70% of average daily net assets for Institutional Class shares; (ii) 0.85% of average daily net assets for Advisor Class shares; (iii) 0.85% of average daily net assets for Premier Class shares; (iv) 0.95% of average daily net assets for Retirement Class shares; and (v) 1.09% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
XML 25 R37.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF International Small-Cap Equity Fund
TIAA-CREF International Small-Cap Equity Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF International Small-Cap Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF International Small-Cap Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.65% 0.65% 0.65% 0.65% 0.65%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses [1] 0.07% 0.16% 0.07% 0.32% 0.21%
Total annual Fund operating expenses 0.72% 0.81% 0.87% 0.97% 1.11%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.72% 0.81% 0.87% 0.97% 1.11%
[1] Estimates for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.75% of average daily net assets for Institutional Class shares; (ii) 0.90% of average daily net assets for Advisor Class shares; (iii) 0.90% of average daily net assets for Premier Class shares; (iv) 1.00% of average daily net assets for Retirement Class shares; and (v) 1.14% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF International Small-Cap Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 74 $ 83 $ 89 $ 99 $ 113
3 years 230 259 278 309 353
5 years 401 450 482 536 612
10 years $ 894 $ 1,002 $ 1,073 $ 1,190 $ 1,352
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. The Fund has no annual portfolio turnover rate because the Fund is recently operational.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in small-cap equity securities of foreign issuers. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have favorable prospects for long-term capital appreciation. A small-cap equity security is a security within the capitalization range of the companies included in the Fund’s benchmark index, the MSCI ACWI ex USA Small Cap Index (the “Index”), at the time of purchase. The Fund may invest in equity securities of small companies across a wide range of sectors, growth rates and valuations. From time to time, Advisors reviews the Fund’s sector and country exposure against the Index to seek to control risk in relation to the Index. The Fund may invest in emerging markets to varying degrees, depending on stock-specific opportunities. The Fund considers investments of foreign issuers to generally include any one or more of the following: (1) companies whose securities are principally traded outside of the United States, (2) companies having their principal business operations outside of the United States, (3) companies organized outside of the United States, and (4) foreign governments and agencies or instrumentalities of foreign governments. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques based on financial and investment theories, to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, and the following additional inputs may also be considered: weightings of the stock and its corresponding sector in the benchmark, correlations of the stocks in the universe and trading costs. The Fund may purchase foreign equity securities denominated in U.S. dollars or in non-U.S. dollar currencies, and equity securities issued in connection with reorganizations and other special situations. Although Advisors does not anticipate that the Fund will have significant exposure to equity securities issued in connection with reorganizations and other special situations, the Fund is not subject to any preset limit.


The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus the Index. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure the Fund will perform as intended. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors’ analysis.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. Fund investments in securities of small-cap companies are often less liquid than Fund investments in securities of larger companies.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Currency Risk—The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund’s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

Performance information is not available for the Fund because the Fund has less than one calendar year of performance.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

XML 26 R41.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF International Small-Cap Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF International Small-Cap Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. The Fund has no annual portfolio turnover rate because the Fund is recently operational.

Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in small-cap equity securities of foreign issuers. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have favorable prospects for long-term capital appreciation. A small-cap equity security is a security within the capitalization range of the companies included in the Fund’s benchmark index, the MSCI ACWI ex USA Small Cap Index (the “Index”), at the time of purchase. The Fund may invest in equity securities of small companies across a wide range of sectors, growth rates and valuations. From time to time, Advisors reviews the Fund’s sector and country exposure against the Index to seek to control risk in relation to the Index. The Fund may invest in emerging markets to varying degrees, depending on stock-specific opportunities. The Fund considers investments of foreign issuers to generally include any one or more of the following: (1) companies whose securities are principally traded outside of the United States, (2) companies having their principal business operations outside of the United States, (3) companies organized outside of the United States, and (4) foreign governments and agencies or instrumentalities of foreign governments. The Fund has a policy of maintaining investments of equity securities of foreign issuers in at least three countries other than the United States. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques based on financial and investment theories, to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, and the following additional inputs may also be considered: weightings of the stock and its corresponding sector in the benchmark, correlations of the stocks in the universe and trading costs. The Fund may purchase foreign equity securities denominated in U.S. dollars or in non-U.S. dollar currencies, and equity securities issued in connection with reorganizations and other special situations. Although Advisors does not anticipate that the Fund will have significant exposure to equity securities issued in connection with reorganizations and other special situations, the Fund is not subject to any preset limit.


The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus the Index. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure the Fund will perform as intended. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors’ analysis.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame. Fund investments in securities of small-cap companies are often less liquid than Fund investments in securities of larger companies.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Currency Risk—The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund’s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

Performance information is not available for the Fund because the Fund has less than one calendar year of performance.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information is not available for the Fund because the Fund has less than one calendar year of performance.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
TIAA-CREF International Small-Cap Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Other expenses rr_OtherExpensesOverAssets 0.07% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.72%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.72%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 74
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 230
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 401
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 894
TIAA-CREF International Small-Cap Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Other expenses rr_OtherExpensesOverAssets 0.16% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.81%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.81%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 83
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 259
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 450
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,002
TIAA-CREF International Small-Cap Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.07% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.87%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.87%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 89
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 278
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 482
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,073
TIAA-CREF International Small-Cap Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.65%
Other expenses rr_OtherExpensesOverAssets 0.32% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.97%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.97%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 99
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 309
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 536
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,190
TIAA-CREF International Small-Cap Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.65%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.21% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 1.11%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.11%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 113
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 353
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 612
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,352
[1] Estimates for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.75% of average daily net assets for Institutional Class shares; (ii) 0.90% of average daily net assets for Advisor Class shares; (iii) 0.90% of average daily net assets for Premier Class shares; (iv) 1.00% of average daily net assets for Retirement Class shares; and (v) 1.14% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
GRAPHIC 27 BarChart6.png IDEA: XBRL DOCUMENT begin 644 BarChart6.png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htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Social Choice International Equity Fund
TIAA-CREF Social Choice International Equity Fund
Investment objective

The Fund seeks a favorable long-term total return that reflects the investment performance of the overall foreign equity markets while giving special consideration to certain environmental, social and governance (“ESG”) criteria.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Social Choice International Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Social Choice International Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.30% 0.30% 0.30% 0.30% 0.30%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 1.05% 1.13% [1] 1.07% 1.31% 1.11%
Total annual Fund operating expenses 1.35% 1.43% 1.52% 1.61% 1.66%
Waivers and expense reimbursements [2] (0.95%) (0.95%) (0.97%) (0.96%) (0.94%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.40% 0.48% 0.55% 0.65% 0.72%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; (ii) 0.55% of average daily net assets for Advisor Class shares; (iii) 0.55% of average daily net assets for Premier Class shares; (iv) 0.65% of average daily net assets for Retirement Class shares; and (v) 0.79% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Social Choice International Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 41 $ 49 $ 56 $ 66 $ 74
3 years 334 359 385 414 431
5 years 648 691 737 785 814
10 years $ 1,541 $ 1,631 $ 1,730 $ 1,830 $ 1,886
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 13% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers. The Fund attempts to achieve the return of the foreign equity markets, as represented by its benchmark index, the Morgan Stanley Capital International EAFE® (Europe, Australasia, Far East) Index (the “MSCI EAFE® Index”), while investing in companies whose activities are consistent with the Fund’s ESG criteria. See “Additional information about the Fund’s benchmark index” below for more information about the Fund’s benchmark. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies.


The Fund’s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.


The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.


Once a universe of ESG-eligible companies is established, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”) then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. Under these quantitative investment techniques, the Fund uses a risk model to evaluate the universe of stocks in which the Fund may invest and to help construct a broadly diversified group of stocks. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all of the companies that meet the ESG criteria.


The Corporate Governance and Social Responsibility Committee (the “CGSR Committee”) of the Board of Trustees of the Trust (“Board of Trustees”) reviews the ESG criteria used to determine eligibility of the securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund’s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund’s ESG investment criteria and monitors the ESG vendor(s) selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund’s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.


The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund’s shareholders. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· ESG Criteria Risk—The risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Benchmark Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice International Equity Fund
Bar Chart

Best quarter: 6.70%, for the quarter ended September 30, 2016. Worst quarter: -2.47%, for the quarter ended March 31, 2016.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Social Choice International Equity Fund
1 Year
Since Inception
Inception Date
Institutional Class 1.12% (3.83%) Aug. 07, 2015
Advisor Class 1.00% (3.85%) [1] Dec. 04, 2015
Premier Class 0.98% (3.97%) Aug. 07, 2015
Retirement Class 0.83% (4.08%) Aug. 07, 2015
Retail Class 0.77% (4.18%) Aug. 07, 2015
After Taxes on Distributions | Institutional Class 0.62% (4.27%)  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 1.23% (2.83%)  
MSCI EAFE® Index (reflects no deductions for fees, expenses or taxes) 1.00% (4.68%) [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 29 R48.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Social Choice International Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Social Choice International Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return that reflects the investment performance of the overall foreign equity markets while giving special consideration to certain environmental, social and governance (“ESG”) criteria.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 13% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 13.00%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of foreign issuers. The Fund attempts to achieve the return of the foreign equity markets, as represented by its benchmark index, the Morgan Stanley Capital International EAFE® (Europe, Australasia, Far East) Index (the “MSCI EAFE® Index”), while investing in companies whose activities are consistent with the Fund’s ESG criteria. See “Additional information about the Fund’s benchmark index” below for more information about the Fund’s benchmark. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies.


The Fund’s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.


The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.


Once a universe of ESG-eligible companies is established, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”) then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. Under these quantitative investment techniques, the Fund uses a risk model to evaluate the universe of stocks in which the Fund may invest and to help construct a broadly diversified group of stocks. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all of the companies that meet the ESG criteria.


The Corporate Governance and Social Responsibility Committee (the “CGSR Committee”) of the Board of Trustees of the Trust (“Board of Trustees”) reviews the ESG criteria used to determine eligibility of the securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund’s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund’s ESG investment criteria and monitors the ESG vendor(s) selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund’s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.


The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund’s shareholders. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· ESG Criteria Risk—The risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Benchmark Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice International Equity Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 6.70%, for the quarter ended September 30, 2016. Worst quarter: -2.47%, for the quarter ended March 31, 2016.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.70%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2016
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (2.47%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Social Choice International Equity Fund | MSCI EAFE® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.00%
Since Inception rr_AverageAnnualReturnSinceInception (4.68%) [1]
TIAA-CREF Social Choice International Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.30%
Other expenses rr_OtherExpensesOverAssets 1.05%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.35%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.95%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.40%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 41
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 334
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 648
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,541
Annual Return 2016 rr_AnnualReturn2016 1.12%
1 Year rr_AverageAnnualReturnYear01 1.12%
Since Inception rr_AverageAnnualReturnSinceInception (3.83%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
TIAA-CREF Social Choice International Equity Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.62%
Since Inception rr_AverageAnnualReturnSinceInception (4.27%)
TIAA-CREF Social Choice International Equity Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.23%
Since Inception rr_AverageAnnualReturnSinceInception (2.83%)
TIAA-CREF Social Choice International Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.30%
Other expenses rr_OtherExpensesOverAssets 1.13% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 1.43%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.95%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.48%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 49
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 359
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 691
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,631
1 Year rr_AverageAnnualReturnYear01 1.00%
Since Inception rr_AverageAnnualReturnSinceInception (3.85%) [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Social Choice International Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.30%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 1.07%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.52%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.97%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.55%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 56
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 385
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 737
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,730
1 Year rr_AverageAnnualReturnYear01 0.98%
Since Inception rr_AverageAnnualReturnSinceInception (3.97%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
TIAA-CREF Social Choice International Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.30%
Other expenses rr_OtherExpensesOverAssets 1.31%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.61%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.96%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 66
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 414
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 785
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,830
1 Year rr_AverageAnnualReturnYear01 0.83%
Since Inception rr_AverageAnnualReturnSinceInception (4.08%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
TIAA-CREF Social Choice International Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.30%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 1.11%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.66%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.94%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.72%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 74
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 431
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 814
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,886
1 Year rr_AverageAnnualReturnYear01 0.77%
Since Inception rr_AverageAnnualReturnSinceInception (4.18%)
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; (ii) 0.55% of average daily net assets for Advisor Class shares; (iii) 0.55% of average daily net assets for Premier Class shares; (iv) 0.65% of average daily net assets for Retirement Class shares; and (v) 0.79% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 30 BarChart7.png IDEA: XBRL DOCUMENT begin 644 BarChart7.png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end XML 31 R49.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Emerging Markets Debt Fund
TIAA-CREF Emerging Markets Debt Fund
Investment objective

The Fund seeks a favorable long-term total return, through income and capital appreciation, by investing primarily in a portfolio of emerging markets fixed-income investments.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Emerging Markets Debt Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Emerging Markets Debt Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.55% 0.55% 0.55% 0.55% 0.55%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.13% 0.23% [1] 0.14% 0.38% 0.21%
Total annual Fund operating expenses 0.68% 0.78% 0.84% 0.93% 1.01%
Waivers and expense reimbursements [2] (0.03%) (0.03%) (0.04%) (0.03%) (0.02%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.65% 0.75% 0.80% 0.90% 0.99%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.65% of average daily net assets for Institutional Class shares; (ii) 0.80% of average daily net assets for Advisor Class shares; (iii) 0.80% of average daily net assets for Premier Class shares; (iv) 0.90% of average daily net assets for Retirement Class shares; and (v) 1.00% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Emerging Markets Debt Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 66 $ 77 $ 82 $ 92 $ 101
3 years 215 246 264 293 320
5 years 376 430 462 512 556
10 years $ 844 $ 963 $ 1,033 $ 1,140 $ 1,234
Portfolio turnover

The Fund pays transaction costs when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 125% of the average value of its portfolio.

Principal investment strategies

Under normal market conditions, the Fund invests at least 80% of its assets in fixed-income securities of emerging market issuers or in instruments with economic characteristics similar to emerging market fixed-income securities. The Fund primarily invests in a broad range of sovereign, quasi-sovereign and corporate fixed-income securities rated B- or better but may also invest in fixed-income securities having a lower credit rating. The Fund does not rely exclusively on rating agencies when making investment decisions. Instead, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), performs its own credit analysis, paying particular attention to economic trends and other market events. Country and individual issuer allocations are then overweighted or underweighted relative to the Fund’s benchmark index, the JP Morgan Emerging Markets Bond Index (EMBI) Global Diversified (“EMBI-GD Index”), when Advisors believes that the Fund can take advantage of what appear to be undervalued, overlooked or misunderstood issuers that offer the potential to boost returns above that of the index. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund considers an “emerging market security” to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that is located or has primary operations in an emerging market. The Fund generally defines an “emerging market” as any of the countries or markets represented in the Fund’s benchmark index, the EMBI-GD Index, or any other country or market with similar emerging characteristics. The Fund is considered to be “non-diversified,” which means it may invest in fewer issuers than a “diversified” fund.


The Fund may also engage in relative value trading, a strategy in which the Fund reallocates assets across different countries, currencies, sectors and maturities. Relative value trading is designed to enhance the Fund’s returns but increases the Fund’s portfolio turnover rate.


The Fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the Fund’s investment strategies.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Volatility, Liquidity and Valuation Risk (types of Market Risk)—The risk that volatile or dramatic reductions in trading activity make it difficult for the Fund to properly value its investments and that the Fund may not be able to purchase or sell an investment at an attractive price, if at all.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Interest Rate Risk (a type of Market Risk)—The risk that increases in interest rates can cause the prices of fixed-income investments to decline. This risk is heightened to the extent the Fund invests in longer duration fixed-income investments and during periods when prevailing interest rates are low or negative. As of the date of this Prospectus, interest rates in the United States and in certain foreign markets are at or near historic lows, which may increase the Fund’s exposure to risks associated with rising interest rates. In general, changing interest rates could have unpredictable effects on the markets and may expose fixed-income and related markets to heightened volatility.


· Sovereign Debt Risk—The risk that the issuer of non-U.S. sovereign debt or the governmental authorities that control the repayment of such debt may be unable or unwilling to repay principal or interest when due. This may result from political or social factors, the general economic environment of a country, levels of foreign debt or foreign currency exchange rates, among other possible reasons. To the extent the issuer or controlling governmental authority is unable or unwilling to repay principal or interest when due, the Fund may have limited recourse to compel payment in the event of default.


· Fixed-Income Foreign Investment Risk—Investment in fixed-income securities or financial instruments of foreign issuers involves increased risks due to adverse issuer, political, regulatory, currency, market or economic developments. These developments may impact the ability of a foreign debt issuer to make timely and ultimate payments on its debt obligations to the Fund or impair the Fund’s ability to enforce its rights against the foreign debt issuer. These risks are heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Non-Diversification Risk—The Fund is considered to be “non-diversified,” which means that it can invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund’s return since it may represent a larger portion of the Fund’s total portfolio assets.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Credit Risk (a type of Issuer Risk)—The risk that the issuer of fixed-income investments may not be able or willing to meet interest or principal payments when the payments become due.


· Downgrade Risk—The risk that securities are subsequently downgraded should Advisors and/or rating agencies believe the issuer’s business outlook or creditworthiness has deteriorated.


· Income Volatility Risk—The risk that the level of current income from a portfolio of fixed-income investments may decline in certain interest rate environments.


· Call Risk—The risk that, during periods of falling interest rates, an issuer may call (or repay) a fixed-income security prior to maturity, resulting in a decline in the Fund’s income.


· Non-Investment-Grade Securities Risk—Issuers of non-investment-grade securities, which are usually called “high-yield” or “junk bonds,” are typically in weaker financial health and such securities can be harder to value and sell and their prices can be more volatile than more highly rated securities. While these securities generally have higher rates of interest, they also involve greater risk of default than do securities of a higher-quality rating.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Debt Fund
Bar Chart

Best quarter: 6.21%, for the quarter ended June 30, 2016. Worst quarter: -4.40%, for the quarter ended September 30, 2015.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Emerging Markets Debt Fund
1 Year
Since Inception
Inception Date
Institutional Class 14.05% 3.35% Sep. 26, 2014
Advisor Class 14.07% 3.36% [1] Dec. 04, 2015
Premier Class 13.89% 3.19% Sep. 26, 2014
Retirement Class 13.79% 3.10% Sep. 26, 2014
Retail Class 13.76% 3.05% Sep. 26, 2014
After Taxes on Distributions | Institutional Class 11.37% 1.20%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 7.93% 1.55%  
JPMorgan Emerging Markets Bond Index (EMBI) Global Diversified (reflects no deductions for fees, expenses or taxes) 10.15% 4.36% [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 

For the Fund’s most current 30-day yield, please call the Fund at 800-842-2252.

   
XML 32 R55.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Emerging Markets Debt Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Emerging Markets Debt Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, through income and capital appreciation, by investing primarily in a portfolio of emerging markets fixed-income investments.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 125% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 125.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal market conditions, the Fund invests at least 80% of its assets in fixed-income securities of emerging market issuers or in instruments with economic characteristics similar to emerging market fixed-income securities. The Fund primarily invests in a broad range of sovereign, quasi-sovereign and corporate fixed-income securities rated B- or better but may also invest in fixed-income securities having a lower credit rating. The Fund does not rely exclusively on rating agencies when making investment decisions. Instead, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), performs its own credit analysis, paying particular attention to economic trends and other market events. Country and individual issuer allocations are then overweighted or underweighted relative to the Fund’s benchmark index, the JP Morgan Emerging Markets Bond Index (EMBI) Global Diversified (“EMBI-GD Index”), when Advisors believes that the Fund can take advantage of what appear to be undervalued, overlooked or misunderstood issuers that offer the potential to boost returns above that of the index. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund considers an “emerging market security” to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that is located or has primary operations in an emerging market. The Fund generally defines an “emerging market” as any of the countries or markets represented in the Fund’s benchmark index, the EMBI-GD Index, or any other country or market with similar emerging characteristics. The Fund is considered to be “non-diversified,” which means it may invest in fewer issuers than a “diversified” fund.


The Fund may also engage in relative value trading, a strategy in which the Fund reallocates assets across different countries, currencies, sectors and maturities. Relative value trading is designed to enhance the Fund’s returns but increases the Fund’s portfolio turnover rate.


The Fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the Fund’s investment strategies.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Volatility, Liquidity and Valuation Risk (types of Market Risk)—The risk that volatile or dramatic reductions in trading activity make it difficult for the Fund to properly value its investments and that the Fund may not be able to purchase or sell an investment at an attractive price, if at all.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Interest Rate Risk (a type of Market Risk)—The risk that increases in interest rates can cause the prices of fixed-income investments to decline. This risk is heightened to the extent the Fund invests in longer duration fixed-income investments and during periods when prevailing interest rates are low or negative. As of the date of this Prospectus, interest rates in the United States and in certain foreign markets are at or near historic lows, which may increase the Fund’s exposure to risks associated with rising interest rates. In general, changing interest rates could have unpredictable effects on the markets and may expose fixed-income and related markets to heightened volatility.


· Sovereign Debt Risk—The risk that the issuer of non-U.S. sovereign debt or the governmental authorities that control the repayment of such debt may be unable or unwilling to repay principal or interest when due. This may result from political or social factors, the general economic environment of a country, levels of foreign debt or foreign currency exchange rates, among other possible reasons. To the extent the issuer or controlling governmental authority is unable or unwilling to repay principal or interest when due, the Fund may have limited recourse to compel payment in the event of default.


· Fixed-Income Foreign Investment Risk—Investment in fixed-income securities or financial instruments of foreign issuers involves increased risks due to adverse issuer, political, regulatory, currency, market or economic developments. These developments may impact the ability of a foreign debt issuer to make timely and ultimate payments on its debt obligations to the Fund or impair the Fund’s ability to enforce its rights against the foreign debt issuer. These risks are heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Non-Diversification Risk—The Fund is considered to be “non-diversified,” which means that it can invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund’s return since it may represent a larger portion of the Fund’s total portfolio assets.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Credit Risk (a type of Issuer Risk)—The risk that the issuer of fixed-income investments may not be able or willing to meet interest or principal payments when the payments become due.


· Downgrade Risk—The risk that securities are subsequently downgraded should Advisors and/or rating agencies believe the issuer’s business outlook or creditworthiness has deteriorated.


· Income Volatility Risk—The risk that the level of current income from a portfolio of fixed-income investments may decline in certain interest rate environments.


· Call Risk—The risk that, during periods of falling interest rates, an issuer may call (or repay) a fixed-income security prior to maturity, resulting in a decline in the Fund’s income.


· Non-Investment-Grade Securities Risk—Issuers of non-investment-grade securities, which are usually called “high-yield” or “junk bonds,” are typically in weaker financial health and such securities can be harder to value and sell and their prices can be more volatile than more highly rated securities. While these securities generally have higher rates of interest, they also involve greater risk of default than do securities of a higher-quality rating.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is considered to be “non-diversified,” which means that it can invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. Investing in a non-diversified fund involves greater risk than investing in a diversified fund because a loss in value of a particular security may have a greater effect on the Fund’s return since it may represent a larger portion of the Fund’s total portfolio assets.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Emerging Markets Debt Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 6.21%, for the quarter ended June 30, 2016. Worst quarter: -4.40%, for the quarter ended September 30, 2015.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.21%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2015
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (4.40%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 

For the Fund’s most current 30-day yield, please call the Fund at 800-842-2252.

   
Thirty Day Yield Phone rr_ThirtyDayYieldPhone 800 842-2252
TIAA-CREF Emerging Markets Debt Fund | JPMorgan Emerging Markets Bond Index (EMBI) Global Diversified (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.15%
Since Inception rr_AverageAnnualReturnSinceInception 4.36% [1]
TIAA-CREF Emerging Markets Debt Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Other expenses rr_OtherExpensesOverAssets 0.13%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.68%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 66
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 215
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 376
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 844
Annual Return 2015 rr_AnnualReturn2015 (2.94%)
Annual Return 2016 rr_AnnualReturn2016 14.05%
1 Year rr_AverageAnnualReturnYear01 14.05%
Since Inception rr_AverageAnnualReturnSinceInception 3.35%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 26, 2014
TIAA-CREF Emerging Markets Debt Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.37%
Since Inception rr_AverageAnnualReturnSinceInception 1.20%
TIAA-CREF Emerging Markets Debt Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.93%
Since Inception rr_AverageAnnualReturnSinceInception 1.55%
TIAA-CREF Emerging Markets Debt Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Other expenses rr_OtherExpensesOverAssets 0.23% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.78%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.75%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 77
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 246
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 430
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 963
1 Year rr_AverageAnnualReturnYear01 14.07%
Since Inception rr_AverageAnnualReturnSinceInception 3.36% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Emerging Markets Debt Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.14%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.84%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.80%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 82
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 264
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 462
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,033
1 Year rr_AverageAnnualReturnYear01 13.89%
Since Inception rr_AverageAnnualReturnSinceInception 3.19%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 26, 2014
TIAA-CREF Emerging Markets Debt Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Other expenses rr_OtherExpensesOverAssets 0.38%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.93%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.03%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 92
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 293
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 512
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,140
1 Year rr_AverageAnnualReturnYear01 13.79%
Since Inception rr_AverageAnnualReturnSinceInception 3.10%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 26, 2014
TIAA-CREF Emerging Markets Debt Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual Fund operating expenses rr_ExpensesOverAssets 1.01%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.02%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.99%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 101
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 320
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 556
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,234
1 Year rr_AverageAnnualReturnYear01 13.76%
Since Inception rr_AverageAnnualReturnSinceInception 3.05%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 26, 2014
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.65% of average daily net assets for Institutional Class shares; (ii) 0.80% of average daily net assets for Advisor Class shares; (iii) 0.80% of average daily net assets for Premier Class shares; (iv) 0.90% of average daily net assets for Retirement Class shares; and (v) 1.00% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
XML 33 R56.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF International Bond Fund
TIAA-CREF International Bond Fund
Investment objective

The Fund seeks a favorable long-term total return.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF International Bond Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF International Bond Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.55% 0.55% 0.55% 0.55% 0.55%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses [1] 0.13% 0.23% 0.13% 0.38% 0.23%
Other expenses of the Subsidiary [1] 0.01% 0.01% 0.01% 0.01% 0.01%
Total annual Fund operating expenses 0.69% 0.79% 0.84% 0.94% 1.04%
Waivers and expense reimbursements [2] (0.04%) (0.04%) (0.04%) (0.04%) (0.04%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.65% 0.75% 0.80% 0.90% 1.00%
[1] Estimates for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.65% of average daily net assets for Institutional Class shares; (ii) 0.80% of average daily net assets for Advisor Class shares; (iii) 0.80% of average daily net assets for Premier Class shares; (iv) 0.90% of average daily net assets for Retirement Class shares; and (v) 1.00% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF International Bond Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 66 $ 77 $ 82 $ 92 $ 102
3 years 217 248 264 296 327
5 years 380 435 462 516 570
10 years $ 855 $ 974 $ 1,033 $ 1,151 $ 1,267
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal period between August 5, 2016 (inception date) and October 31, 2016, the Fund’s portfolio turnover rate was 18% of the average value of its portfolio.

Principal investment strategies

Under normal market conditions, the Fund invests at least 80% of its assets in fixed-income investments of foreign issuers and derivative instruments, including those used to manage currency risk. The Fund primarily invests in a broad range of investment-grade sovereign, quasi-sovereign and corporate fixed-income investments. The Fund may also invest in other fixed-income securities, including those of non-investment-grade quality. The Fund does not rely exclusively on rating agencies when making investment decisions. Instead, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), performs its own credit analysis, paying particular attention to economic trends and other market events. Country and individual issuer allocations are then overweighted or underweighted relative to the Fund’s benchmark index, the Bloomberg Barclays Global Aggregate Ex-USD Index (Hedged) (the “Index”), when Advisors believes that the Fund can take advantage of what appear to be undervalued, overlooked or misunderstood issuers that offer the potential to boost returns above that of the Index. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. Under normal market conditions, the Fund will seek to hedge to the U.S. dollar approximately 80% of the Fund’s total exposure to investments denominated in currencies other than the U.S. dollar (on a net assets basis). Such hedging is intended to manage the currency risk associated with investment in bonds denominated in currencies other than the U.S. dollar. The Fund may invest in fixed-income securities of any maturity or duration. As of December 31, 2016, the duration of the Index was 7.72 years. “Duration” is a measure of volatility in the price of a bond in response to a change in prevailing interest rates, with a longer duration indicating more volatility. The Fund considers investments of foreign issuers to generally include one or more of the following: (1) companies whose securities are principally traded outside of the United States, (2) companies having their principal business operations outside of the United States, (3) companies organized outside of the United States, and (4) foreign governments and agencies or instrumentalities of foreign governments. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Derivative instruments, including those used to manage currency risk, are included as assets of the Fund for the purposes of the Fund’s 80% policy.


The Fund may also engage in relative value trading, a strategy in which the Fund reallocates assets across different countries, currencies, sectors and maturities. While this strategy is designed to enhance the Fund’s returns, it may also increase the Fund’s portfolio turnover rate. In addition, an increase in interest rates as well as other factors contributing to market volatility could lead to increased portfolio turnover.


The Fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the Fund’s investment strategies. In particular, the Fund may utilize forward currency contracts and currency-related futures contracts and swap agreements to manage currency risk.


The Fund may also seek exposure to Regulation S fixed-income securities through investment in a Cayman Islands exempted company that is wholly owned and controlled by the Fund (the “Subsidiary”). Regulation S securities are securities of U.S. and non-U.S. issuers that are issued through private placement offerings without registration with the SEC pursuant to Regulation S under the Securities Act of 1933. The Subsidiary is advised by Advisors and has the same investment objective as the Fund. The Subsidiary may invest without limitation in Regulation S securities.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Volatility, Liquidity and Valuation Risk (types of Market Risk)—The risk that volatile or dramatic reductions in trading activity make it difficult for the Fund to properly value its investments and that the Fund may not be able to purchase or sell an investment at an attractive price, if at all.


· Fixed-Income Foreign Investment Risk—Investment in fixed-income securities or financial instruments of foreign issuers involves increased risks due to adverse issuer, political, regulatory, currency, market or economic developments. These developments may impact the ability of a foreign debt issuer to make timely and ultimate payments on its debt obligations to the Fund or impair the Fund’s ability to enforce its rights against the foreign debt issuer. These risks are heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Interest Rate Risk (a type of Market Risk)—The risk that increases in interest rates can cause the prices of fixed-income investments to decline. This risk is heightened to the extent the Fund invests in longer duration fixed-income investments and during periods when prevailing interest rates are low or negative. As of the date of this Prospectus, interest rates in the United States and in certain foreign markets are at or near historic lows, which may increase the Fund’s exposure to risks associated with rising interest rates. In general, changing interest rates could have unpredictable effects on the markets and may expose fixed-income and related markets to heightened volatility.


· Credit Risk (a type of Issuer Risk)—The risk that the issuer of fixed-income investments may not be able or willing to meet interest or principal payments when the payments become due.


· Currency Risk—The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund’s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


· Currency Management Strategies Risk—Currency management strategies, including the use of forward currency contracts and other derivatives, may substantially change the Fund’s exposure to currencies and currency exchange rates and could result in losses to the Fund if currencies do not perform as Advisors anticipates. The Fund’s ability to use derivative instruments to manage currency exposure may also be altered or constrained by pending SEC regulations, if such regulations are adopted as proposed.


· Counterparty and Third Party Risk—Transactions involving a counterparty to a derivative or other instrument, or to a third party responsible for servicing the instrument, are subject to the credit risk of the counterparty or third party, and to the counterparty’s or third party’s ability to perform in accordance with the terms of the transaction.


· Sovereign Debt Risk—The risk that the issuer of non-U.S. sovereign debt or the governmental authorities that control the repayment of such debt may be unable or unwilling to repay principal or interest when due. This may result from political or social factors, the general economic environment of a country, levels of foreign debt or foreign currency exchange rates, among other possible reasons. To the extent the issuer or controlling governmental authority is unable or unwilling to repay principal or interest when due, the Fund may have limited recourse to compel payment in the event of default.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Downgrade Risk—The risk that securities are subsequently downgraded should Advisors and/or rating agencies believe the issuer’s business outlook or creditworthiness has deteriorated.


· Income Volatility Risk—The risk that the level of current income from a portfolio of fixed-income investments may decline in certain interest rate environments.


· Call Risk—The risk that, during periods of falling interest rates, an issuer may call (or repay) a fixed-income security prior to maturity, resulting in a decline in the Fund’s income.


· Regulation S Securities Risk—The risk that Regulation S securities may be less liquid than publicly traded securities. Regulation S securities may not be subject to the disclosure and other investor protection requirements that would be applicable to publicly traded securities. As a result, Regulation S securities may involve a high degree of business and financial risk and may result in losses.


· Risks of Investment in the Fund’s Wholly Owned Subsidiary—The Subsidiary is not registered under the Investment Company Act of 1940 (“1940 Act”) and is not subject to its investor protections (except as otherwise noted in the Prospectus). As an investor in the Subsidiary, the Fund does not have all of the protections offered to investors by the 1940 Act. However, the Subsidiary is wholly owned and controlled by the Fund and managed by Advisors. Therefore, the Fund’s ownership and control of the Subsidiary make it unlikely that the Subsidiary would take actions contrary to the interests of the Fund or its shareholders.


· Non-Investment-Grade Securities Risk—Issuers of non-investment-grade securities, which are usually called “high-yield” or “junk bonds,” are typically in weaker financial health and such securities can be harder to value and sell and their prices can be more volatile than more highly rated securities. While these securities generally have higher rates of interest, they also involve greater risk of default than do securities of a higher-quality rating.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Portfolio Turnover Risk—Depending on market and other conditions, the Fund may experience high portfolio turnover, which may result in greater transactional expenses, such as brokerage commissions, bid-ask spreads, or dealer mark-ups, and capital gains (which could increase taxes and, consequently, reduce returns).


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

Performance information is not available for the Fund because the Fund has less than one calendar year of performance.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

XML 34 R60.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF International Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF International Bond Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal period between August 5, 2016 (inception date) and October 31, 2016, the Fund’s portfolio turnover rate was 18% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 18.00%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal market conditions, the Fund invests at least 80% of its assets in fixed-income investments of foreign issuers and derivative instruments, including those used to manage currency risk. The Fund primarily invests in a broad range of investment-grade sovereign, quasi-sovereign and corporate fixed-income investments. The Fund may also invest in other fixed-income securities, including those of non-investment-grade quality. The Fund does not rely exclusively on rating agencies when making investment decisions. Instead, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), performs its own credit analysis, paying particular attention to economic trends and other market events. Country and individual issuer allocations are then overweighted or underweighted relative to the Fund’s benchmark index, the Bloomberg Barclays Global Aggregate Ex-USD Index (Hedged) (the “Index”), when Advisors believes that the Fund can take advantage of what appear to be undervalued, overlooked or misunderstood issuers that offer the potential to boost returns above that of the Index. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. Under normal market conditions, the Fund will seek to hedge to the U.S. dollar approximately 80% of the Fund’s total exposure to investments denominated in currencies other than the U.S. dollar (on a net assets basis). Such hedging is intended to manage the currency risk associated with investment in bonds denominated in currencies other than the U.S. dollar. The Fund may invest in fixed-income securities of any maturity or duration. As of December 31, 2016, the duration of the Index was 7.72 years. “Duration” is a measure of volatility in the price of a bond in response to a change in prevailing interest rates, with a longer duration indicating more volatility. The Fund considers investments of foreign issuers to generally include one or more of the following: (1) companies whose securities are principally traded outside of the United States, (2) companies having their principal business operations outside of the United States, (3) companies organized outside of the United States, and (4) foreign governments and agencies or instrumentalities of foreign governments. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Derivative instruments, including those used to manage currency risk, are included as assets of the Fund for the purposes of the Fund’s 80% policy.


The Fund may also engage in relative value trading, a strategy in which the Fund reallocates assets across different countries, currencies, sectors and maturities. While this strategy is designed to enhance the Fund’s returns, it may also increase the Fund’s portfolio turnover rate. In addition, an increase in interest rates as well as other factors contributing to market volatility could lead to increased portfolio turnover.


The Fund may purchase and sell futures, options, swaps and other fixed-income derivative instruments to carry out the Fund’s investment strategies. In particular, the Fund may utilize forward currency contracts and currency-related futures contracts and swap agreements to manage currency risk.


The Fund may also seek exposure to Regulation S fixed-income securities through investment in a Cayman Islands exempted company that is wholly owned and controlled by the Fund (the “Subsidiary”). Regulation S securities are securities of U.S. and non-U.S. issuers that are issued through private placement offerings without registration with the SEC pursuant to Regulation S under the Securities Act of 1933. The Subsidiary is advised by Advisors and has the same investment objective as the Fund. The Subsidiary may invest without limitation in Regulation S securities.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Volatility, Liquidity and Valuation Risk (types of Market Risk)—The risk that volatile or dramatic reductions in trading activity make it difficult for the Fund to properly value its investments and that the Fund may not be able to purchase or sell an investment at an attractive price, if at all.


· Fixed-Income Foreign Investment Risk—Investment in fixed-income securities or financial instruments of foreign issuers involves increased risks due to adverse issuer, political, regulatory, currency, market or economic developments. These developments may impact the ability of a foreign debt issuer to make timely and ultimate payments on its debt obligations to the Fund or impair the Fund’s ability to enforce its rights against the foreign debt issuer. These risks are heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Emerging Markets Risk—The risk of foreign investment often increases in countries with emerging markets. For example, these countries may have more unstable governments than developed countries, and their economies may be based on only a few industries. Because their financial markets may be very small, share prices of financial instruments in emerging market countries may be volatile and difficult to determine. Financial instruments of issuers in these countries may be less liquid than those of issuers in more developed countries. In addition, foreign investors such as the Fund are subject to a variety of special restrictions in many emerging market countries. Frontier markets are those emerging markets that are considered to be among the smallest, least mature and least liquid, and as a result, the risks of investing in emerging markets are magnified in frontier markets.


· Interest Rate Risk (a type of Market Risk)—The risk that increases in interest rates can cause the prices of fixed-income investments to decline. This risk is heightened to the extent the Fund invests in longer duration fixed-income investments and during periods when prevailing interest rates are low or negative. As of the date of this Prospectus, interest rates in the United States and in certain foreign markets are at or near historic lows, which may increase the Fund’s exposure to risks associated with rising interest rates. In general, changing interest rates could have unpredictable effects on the markets and may expose fixed-income and related markets to heightened volatility.


· Credit Risk (a type of Issuer Risk)—The risk that the issuer of fixed-income investments may not be able or willing to meet interest or principal payments when the payments become due.


· Currency Risk—The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund’s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


· Currency Management Strategies Risk—Currency management strategies, including the use of forward currency contracts and other derivatives, may substantially change the Fund’s exposure to currencies and currency exchange rates and could result in losses to the Fund if currencies do not perform as Advisors anticipates. The Fund’s ability to use derivative instruments to manage currency exposure may also be altered or constrained by pending SEC regulations, if such regulations are adopted as proposed.


· Counterparty and Third Party Risk—Transactions involving a counterparty to a derivative or other instrument, or to a third party responsible for servicing the instrument, are subject to the credit risk of the counterparty or third party, and to the counterparty’s or third party’s ability to perform in accordance with the terms of the transaction.


· Sovereign Debt Risk—The risk that the issuer of non-U.S. sovereign debt or the governmental authorities that control the repayment of such debt may be unable or unwilling to repay principal or interest when due. This may result from political or social factors, the general economic environment of a country, levels of foreign debt or foreign currency exchange rates, among other possible reasons. To the extent the issuer or controlling governmental authority is unable or unwilling to repay principal or interest when due, the Fund may have limited recourse to compel payment in the event of default.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Downgrade Risk—The risk that securities are subsequently downgraded should Advisors and/or rating agencies believe the issuer’s business outlook or creditworthiness has deteriorated.


· Income Volatility Risk—The risk that the level of current income from a portfolio of fixed-income investments may decline in certain interest rate environments.


· Call Risk—The risk that, during periods of falling interest rates, an issuer may call (or repay) a fixed-income security prior to maturity, resulting in a decline in the Fund’s income.


· Regulation S Securities Risk—The risk that Regulation S securities may be less liquid than publicly traded securities. Regulation S securities may not be subject to the disclosure and other investor protection requirements that would be applicable to publicly traded securities. As a result, Regulation S securities may involve a high degree of business and financial risk and may result in losses.


· Risks of Investment in the Fund’s Wholly Owned Subsidiary—The Subsidiary is not registered under the Investment Company Act of 1940 (“1940 Act”) and is not subject to its investor protections (except as otherwise noted in the Prospectus). As an investor in the Subsidiary, the Fund does not have all of the protections offered to investors by the 1940 Act. However, the Subsidiary is wholly owned and controlled by the Fund and managed by Advisors. Therefore, the Fund’s ownership and control of the Subsidiary make it unlikely that the Subsidiary would take actions contrary to the interests of the Fund or its shareholders.


· Non-Investment-Grade Securities Risk—Issuers of non-investment-grade securities, which are usually called “high-yield” or “junk bonds,” are typically in weaker financial health and such securities can be harder to value and sell and their prices can be more volatile than more highly rated securities. While these securities generally have higher rates of interest, they also involve greater risk of default than do securities of a higher-quality rating.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Portfolio Turnover Risk—Depending on market and other conditions, the Fund may experience high portfolio turnover, which may result in greater transactional expenses, such as brokerage commissions, bid-ask spreads, or dealer mark-ups, and capital gains (which could increase taxes and, consequently, reduce returns).


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

Performance information is not available for the Fund because the Fund has less than one calendar year of performance.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information is not available for the Fund because the Fund has less than one calendar year of performance.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
TIAA-CREF International Bond Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Other expenses of the Subsidiary rr_Component1OtherExpensesOverAssets 0.01% [1]
Other expenses rr_OtherExpensesOverAssets 0.13% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.69%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 66
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 217
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 380
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 855
TIAA-CREF International Bond Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Other expenses of the Subsidiary rr_Component1OtherExpensesOverAssets 0.01% [1]
Other expenses rr_OtherExpensesOverAssets 0.23% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.79%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.75%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 77
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 248
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 435
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 974
TIAA-CREF International Bond Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses of the Subsidiary rr_Component1OtherExpensesOverAssets 0.01% [1]
Other expenses rr_OtherExpensesOverAssets 0.13% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.84%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.80%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 82
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 264
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 462
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,033
TIAA-CREF International Bond Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.55%
Other expenses of the Subsidiary rr_Component1OtherExpensesOverAssets 0.01% [1]
Other expenses rr_OtherExpensesOverAssets 0.38% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.94%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 92
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 296
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 516
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,151
TIAA-CREF International Bond Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses of the Subsidiary rr_Component1OtherExpensesOverAssets 0.01% [1]
Other expenses rr_OtherExpensesOverAssets 0.23% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 1.04%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 102
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 327
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 570
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,267
[1] Estimates for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.65% of average daily net assets for Institutional Class shares; (ii) 0.80% of average daily net assets for Advisor Class shares; (iii) 0.80% of average daily net assets for Premier Class shares; (iv) 0.90% of average daily net assets for Retirement Class shares; and (v) 1.00% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
XML 35 R61.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Enhanced Large-Cap Growth Index Fund
TIAA-CREF Enhanced Large-Cap Growth Index Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Enhanced Large-Cap Growth Index Fund
Institutional Class
Advisor Class
Maximum sales charge imposed on purchases (percentage of offering price) none none
Maximum deferred sales charge none none
Maximum sales charge imposed on reinvested dividends and other distributions none none
Redemption or exchange fee none none
Maximum account fee none none
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Enhanced Large-Cap Growth Index Fund
Institutional Class
Advisor Class
Management fees 0.32% 0.32%
Other expenses 0.02% 0.11% [1]
Total annual Fund operating expenses 0.34% 0.43%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.34% 0.43%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; and (ii) 0.55% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Enhanced Large-Cap Growth Index Fund - USD ($)
Institutional Class
Advisor Class
1 year $ 35 $ 44
3 years 109 138
5 years 191 241
10 years $ 431 $ 542
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 121% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities of issuers included in the Fund’s benchmark index, the Russell 1000® Growth Index, at the time of purchase, but not necessarily at index weightings. For purposes of the 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund follows an enhanced index management strategy. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), actively uses quantitative analysis to attempt to enhance the Fund’s performance relative to the Russell 1000® Growth Index, while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The Russell 1000® Growth Index is a subset of the Russell 1000® Index, which represents the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values.


Enhanced index strategies employ quantitative modeling techniques for both stock selection and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund’s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.


Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the Russell 1000® Growth Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests.


Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase foreign securities and securities issued in connection with reorganizations or other special situations. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund’s investment strategies. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors’ analysis.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Enhanced Index Risk—As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced Large-Cap Growth Index Fund
Bar Chart

Best quarter: 16.04%, for the quarter ended March 31, 2012. Worst quarter: -22.34%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Enhanced Large-Cap Growth Index Fund
1 Year
5 Years
Since Inception
Inception Date
Institutional Class 8.13% 13.95% 7.62% Nov. 30, 2007
Advisor Class 8.12% 13.94% [1] 7.61% [1] Dec. 04, 2015
After Taxes on Distributions | Institutional Class 7.11% 11.81% 6.02%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 5.46% 10.80% 5.74%  
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes) 7.08% 14.50% 7.83% [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
GRAPHIC 36 BarChart8.png IDEA: XBRL DOCUMENT begin 644 BarChart8.png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end XML 37 R67.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Enhanced Large-Cap Growth Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Enhanced Large-Cap Growth Index Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 121% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 121.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities of issuers included in the Fund’s benchmark index, the Russell 1000® Growth Index, at the time of purchase, but not necessarily at index weightings. For purposes of the 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund follows an enhanced index management strategy. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), actively uses quantitative analysis to attempt to enhance the Fund’s performance relative to the Russell 1000® Growth Index, while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The Russell 1000® Growth Index is a subset of the Russell 1000® Index, which represents the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values.


Enhanced index strategies employ quantitative modeling techniques for both stock selection and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund’s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.


Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the Russell 1000® Growth Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests.


Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase foreign securities and securities issued in connection with reorganizations or other special situations. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund’s investment strategies. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors’ analysis.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Enhanced Index Risk—As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced Large-Cap Growth Index Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 16.04%, for the quarter ended March 31, 2012. Worst quarter: -22.34%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.04%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.34%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Enhanced Large-Cap Growth Index Fund | Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.08%
5 Years rr_AverageAnnualReturnYear05 14.50%
Since Inception rr_AverageAnnualReturnSinceInception 7.83% [1]
TIAA-CREF Enhanced Large-Cap Growth Index Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.32%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.34%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.34%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 35
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 109
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 191
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 431
Annual Return 2008 rr_AnnualReturn2008 (37.95%)
Annual Return 2009 rr_AnnualReturn2009 35.98%
Annual Return 2010 rr_AnnualReturn2010 16.88%
Annual Return 2011 rr_AnnualReturn2011 2.62%
Annual Return 2012 rr_AnnualReturn2012 14.10%
Annual Return 2013 rr_AnnualReturn2013 31.98%
Annual Return 2014 rr_AnnualReturn2014 10.52%
Annual Return 2015 rr_AnnualReturn2015 6.74%
Annual Return 2016 rr_AnnualReturn2016 8.13%
1 Year rr_AverageAnnualReturnYear01 8.13%
5 Years rr_AverageAnnualReturnYear05 13.95%
Since Inception rr_AverageAnnualReturnSinceInception 7.62%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
TIAA-CREF Enhanced Large-Cap Growth Index Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.11%
5 Years rr_AverageAnnualReturnYear05 11.81%
Since Inception rr_AverageAnnualReturnSinceInception 6.02%
TIAA-CREF Enhanced Large-Cap Growth Index Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.46%
5 Years rr_AverageAnnualReturnYear05 10.80%
Since Inception rr_AverageAnnualReturnSinceInception 5.74%
TIAA-CREF Enhanced Large-Cap Growth Index Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.32%
Other expenses rr_OtherExpensesOverAssets 0.11% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.43%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.43%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 44
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 138
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 241
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 542
1 Year rr_AverageAnnualReturnYear01 8.12%
5 Years rr_AverageAnnualReturnYear05 13.94% [4]
Since Inception rr_AverageAnnualReturnSinceInception 7.61% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; and (ii) 0.55% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 38 BarChart9.png IDEA: XBRL DOCUMENT begin 644 BarChart9.png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htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Enhanced Large-Cap Value Index Fund
TIAA-CREF Enhanced Large-Cap Value Index Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Enhanced Large-Cap Value Index Fund
Institutional Class
Advisor Class
Maximum sales charge imposed on purchases (percentage of offering price) none none
Maximum deferred sales charge none none
Maximum sales charge imposed on reinvested dividends and other distributions none none
Redemption or exchange fee none none
Maximum account fee none none
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Enhanced Large-Cap Value Index Fund
Institutional Class
Advisor Class
Management fees 0.32% 0.32%
Other expenses 0.02% 0.11% [1]
Total annual Fund operating expenses 0.34% 0.43%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.34% 0.43%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; and (ii) 0.55% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Enhanced Large-Cap Value Index Fund - USD ($)
Institutional Class
Advisor Class
1 year $ 35 $ 44
3 years 109 138
5 years 191 241
10 years $ 431 $ 542
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 149% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in large domestic companies included in the Fund’s benchmark index, the Russell 1000® Value Index, at the time of purchase, but not necessarily at index weightings. For purposes of the 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund follows an enhanced index management strategy. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), actively uses quantitative analysis to attempt to enhance the Fund’s performance relative to the Russell 1000® Value Index while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The Russell 1000® Value Index is a subset of the Russell 1000® Index, which represents the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000® Index companies with lower price-to-book ratios and lower expected growth values.


Enhanced index strategies employ quantitative modeling techniques for both stock selection and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund’s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.


Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the Russell 1000® Value Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests.


Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase foreign securities and securities issued in connection with reorganizations or other special situations. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund’s investment strategies. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors’ analysis.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Value Investing—Securities believed to be undervalued are subject to the risks that the issuer’s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Enhanced Index Risk—As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced Large-Cap Value Index Fund
Bar Chart

Best quarter: 17.74%, for the quarter ended September 30, 2009. Worst quarter: -21.54%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Enhanced Large-Cap Value Index Fund
1 Year
5 Years
Since Inception
Inception Date
Institutional Class 15.02% 13.78% 5.60% Nov. 30, 2007
Advisor Class 15.01% 13.78% [1] 5.60% [1] Dec. 04, 2015
After Taxes on Distributions | Institutional Class 13.10% 11.54% 4.20%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 10.02% 10.65% 4.19%  
Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes) 17.34% 14.80% 6.22% [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 40 R74.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Enhanced Large-Cap Value Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Enhanced Large-Cap Value Index Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 149% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 149.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in large domestic companies included in the Fund’s benchmark index, the Russell 1000® Value Index, at the time of purchase, but not necessarily at index weightings. For purposes of the 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund follows an enhanced index management strategy. The Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), actively uses quantitative analysis to attempt to enhance the Fund’s performance relative to the Russell 1000® Value Index while retaining a similar risk profile, instead of passively holding a representative basket of securities designed to match the index. The Russell 1000® Value Index is a subset of the Russell 1000® Index, which represents the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000® Index companies with lower price-to-book ratios and lower expected growth values.


Enhanced index strategies employ quantitative modeling techniques for both stock selection and portfolio construction. With enhanced indexing, the Fund may use several different investment techniques to seek to build a portfolio of stocks that is structured to resemble and share the risk characteristics of the Fund’s benchmark index, while also seeking to outperform the benchmark index. Enhanced indexing is designed so that the Fund diverges from its benchmark index more than a pure indexing strategy, with the goal of outperforming its benchmark index while effectively managing benchmark relative risks.


Under these quantitative modeling techniques, a number of variables related to individual stocks are evaluated to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the benchmark index, the Russell 1000® Value Index. The Fund uses a proprietary, quantitative stock scoring model to evaluate and score a broad universe of stocks in which the Fund invests.


Advisors will generally attempt to overweight securities (relative to the benchmark) that score high in the stock selection screening process and to either not hold or underweight securities that score low in the screening process. The Fund may also purchase foreign securities and securities issued in connection with reorganizations or other special situations. The Fund may also purchase and sell swaps and other equity derivatives to carry out the Fund’s investment strategies. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the process of selecting individual securities may be affected by factors not taken into account in Advisors’ analysis.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Value Investing—Securities believed to be undervalued are subject to the risks that the issuer’s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Enhanced Index Risk—As an enhanced index fund, the Fund may also underperform its benchmark index due to differences between the investments of the Fund and its benchmark index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Derivatives Risk—The risks associated with investing in derivatives may be different and greater than the risks associated with directly investing in the underlying securities and other instruments. The Fund may use futures, options, single name or index credit default swaps, or forwards, and the Fund may also use more complex derivatives such as swaps that might present liquidity, credit and counterparty risk. When investing in derivatives, the Fund may lose more than the principal amount invested.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the Advisor Class. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional and Advisor classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the Advisor Class shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Enhanced Large-Cap Value Index Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 17.74%, for the quarter ended September 30, 2009. Worst quarter: -21.54%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.74%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.54%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Enhanced Large-Cap Value Index Fund | Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.34%
5 Years rr_AverageAnnualReturnYear05 14.80%
Since Inception rr_AverageAnnualReturnSinceInception 6.22% [1]
TIAA-CREF Enhanced Large-Cap Value Index Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.32%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.34%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.34%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 35
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 109
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 191
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 431
Annual Return 2008 rr_AnnualReturn2008 (36.43%)
Annual Return 2009 rr_AnnualReturn2009 19.25%
Annual Return 2010 rr_AnnualReturn2010 13.62%
Annual Return 2011 rr_AnnualReturn2011 0.55%
Annual Return 2012 rr_AnnualReturn2012 15.81%
Annual Return 2013 rr_AnnualReturn2013 33.26%
Annual Return 2014 rr_AnnualReturn2014 10.54%
Annual Return 2015 rr_AnnualReturn2015 (2.82%)
Annual Return 2016 rr_AnnualReturn2016 15.02%
1 Year rr_AverageAnnualReturnYear01 15.02%
5 Years rr_AverageAnnualReturnYear05 13.78%
Since Inception rr_AverageAnnualReturnSinceInception 5.60%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 30, 2007
TIAA-CREF Enhanced Large-Cap Value Index Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 13.10%
5 Years rr_AverageAnnualReturnYear05 11.54%
Since Inception rr_AverageAnnualReturnSinceInception 4.20%
TIAA-CREF Enhanced Large-Cap Value Index Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.02%
5 Years rr_AverageAnnualReturnYear05 10.65%
Since Inception rr_AverageAnnualReturnSinceInception 4.19%
TIAA-CREF Enhanced Large-Cap Value Index Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.32%
Other expenses rr_OtherExpensesOverAssets 0.11% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.43%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.43%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 44
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 138
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 241
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 542
1 Year rr_AverageAnnualReturnYear01 15.01%
5 Years rr_AverageAnnualReturnYear05 13.78% [4]
Since Inception rr_AverageAnnualReturnSinceInception 5.60% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.40% of average daily net assets for Institutional Class shares; and (ii) 0.55% of average daily net assets for Advisor Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 41 BarChart10.png IDEA: XBRL DOCUMENT begin 644 BarChart10.png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�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end XML 42 R75.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Growth & Income Fund
TIAA-CREF Growth & Income Fund
Investment objective

The Fund seeks a favorable long-term total return, through both capital appreciation and investment income, primarily from income-producing equity securities.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Growth & Income Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Growth & Income Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.40% 0.40% 0.40% 0.40% 0.40%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.02% 0.10% [1] 0.02% 0.27% 0.07%
Total annual Fund operating expenses 0.42% 0.50% 0.57% 0.67% 0.72%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.42% 0.50% 0.57% 0.67% 0.72%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Growth & Income Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 43 $ 51 $ 58 $ 68 $ 74
3 years 135 160 183 214 230
5 years 235 280 318 373 401
10 years $ 530 $ 628 $ 714 $ 835 $ 894
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 83% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. In seeking a favorable long-term total return, the Fund will invest in securities which the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have the potential for capital appreciation, dividend income, or both. The Fund focuses on large-cap securities that Advisors believes to be attractively valued, show the potential to appreciate faster than the rest of the market and return cash to shareholders in the form of dividends, stock buy-backs or both. Advisors seeks to construct a portfolio whose weighted average market capitalization is similar to the Fund’s benchmark index, the Standard & Poor’s 500® Index (the “S&P 500® Index”).


Advisors generally looks for companies that it believes are leaders in their respective industries, with sustainable competitive advantages. Advisors also looks for companies that it believes have management teams that are dedicated to creating shareholder value. The Fund may invest up to 20% of its assets in foreign issuers when Advisors believes these issuers offer more attractive investment opportunities.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Growth & Income Fund
Bar Chart

Best quarter: 16.17%, for the quarter ended September 30, 2009. Worst quarter: -19.97%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Growth & Income Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 8.60% 14.35% 8.39% Jul. 01, 1999
Advisor Class 8.51% 14.33% [1] 8.38% [1] Dec. 04, 2015
Premier Class 8.35% 14.15% 8.27% [1] Sep. 30, 2009
Retirement Class 8.28% 14.06% 8.11% Oct. 01, 2002
Retail Class 8.31% 13.99% 8.11% Mar. 31, 2006
After Taxes on Distributions | Institutional Class 7.81% 12.15% 7.17%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 5.50% 11.08% 6.61%  
S&P 500® Index (reflects no deductions for fees, expenses or taxes) 11.96% 14.66% 6.95%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 43 R81.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Growth & Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Growth & Income Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, through both capital appreciation and investment income, primarily from income-producing equity securities.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 83% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 83.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. In seeking a favorable long-term total return, the Fund will invest in securities which the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have the potential for capital appreciation, dividend income, or both. The Fund focuses on large-cap securities that Advisors believes to be attractively valued, show the potential to appreciate faster than the rest of the market and return cash to shareholders in the form of dividends, stock buy-backs or both. Advisors seeks to construct a portfolio whose weighted average market capitalization is similar to the Fund’s benchmark index, the Standard & Poor’s 500® Index (the “S&P 500® Index”).


Advisors generally looks for companies that it believes are leaders in their respective industries, with sustainable competitive advantages. Advisors also looks for companies that it believes have management teams that are dedicated to creating shareholder value. The Fund may invest up to 20% of its assets in foreign issuers when Advisors believes these issuers offer more attractive investment opportunities.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Growth & Income Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 16.17%, for the quarter ended September 30, 2009. Worst quarter: -19.97%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.17%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (19.97%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Growth & Income Fund | S&P 500® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.96%
5 Years rr_AverageAnnualReturnYear05 14.66%
10 Years rr_AverageAnnualReturnYear10 6.95%
TIAA-CREF Growth & Income Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.42%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.42%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 43
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 135
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 235
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 530
Annual Return 2007 rr_AnnualReturn2007 18.93%
Annual Return 2008 rr_AnnualReturn2008 (34.97%)
Annual Return 2009 rr_AnnualReturn2009 26.94%
Annual Return 2010 rr_AnnualReturn2010 13.20%
Annual Return 2011 rr_AnnualReturn2011 2.98%
Annual Return 2012 rr_AnnualReturn2012 16.41%
Annual Return 2013 rr_AnnualReturn2013 34.35%
Annual Return 2014 rr_AnnualReturn2014 11.26%
Annual Return 2015 rr_AnnualReturn2015 3.47%
Annual Return 2016 rr_AnnualReturn2016 8.60%
1 Year rr_AverageAnnualReturnYear01 8.60%
5 Years rr_AverageAnnualReturnYear05 14.35%
10 Years rr_AverageAnnualReturnYear10 8.39%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 1999
TIAA-CREF Growth & Income Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.81%
5 Years rr_AverageAnnualReturnYear05 12.15%
10 Years rr_AverageAnnualReturnYear10 7.17%
TIAA-CREF Growth & Income Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.50%
5 Years rr_AverageAnnualReturnYear05 11.08%
10 Years rr_AverageAnnualReturnYear10 6.61%
TIAA-CREF Growth & Income Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.10% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.50%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.50%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 51
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 160
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 280
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 628
1 Year rr_AverageAnnualReturnYear01 8.51%
5 Years rr_AverageAnnualReturnYear05 14.33% [3]
10 Years rr_AverageAnnualReturnYear10 8.38% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Growth & Income Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.57%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.57%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 58
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 183
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 318
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 714
1 Year rr_AverageAnnualReturnYear01 8.35%
5 Years rr_AverageAnnualReturnYear05 14.15%
10 Years rr_AverageAnnualReturnYear10 8.27% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Growth & Income Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.67%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.67%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 68
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 214
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 373
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 835
1 Year rr_AverageAnnualReturnYear01 8.28%
5 Years rr_AverageAnnualReturnYear05 14.06%
10 Years rr_AverageAnnualReturnYear10 8.11%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Growth & Income Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.07%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.72%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.72%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 74
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 230
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 401
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 894
1 Year rr_AverageAnnualReturnYear01 8.31%
5 Years rr_AverageAnnualReturnYear05 13.99%
10 Years rr_AverageAnnualReturnYear10 8.11%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 44 BarChart11.png IDEA: XBRL DOCUMENT begin 644 BarChart11.png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htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Large-Cap Growth Fund
TIAA-CREF Large-Cap Growth Fund
Investment objective

The Fund seeks a favorable long-term return, mainly through capital appreciation, primarily from equity securities.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Large-Cap Growth Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Large-Cap Growth Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.42% 0.42% 0.42% 0.42% 0.42%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.01% 0.10% [1] 0.01% 0.26% [1] 0.09%
Total annual Fund operating expenses 0.43% 0.52% 0.58% 0.68% 0.76%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.43% 0.52% 0.58% 0.68% 0.76%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Large-Cap Growth Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 44 $ 53 $ 59 $ 69 $ 78
3 years 138 167 186 218 243
5 years 241 291 324 379 422
10 years $ 542 $ 653 $ 726 $ 847 $ 942
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 86% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund will invest primarily in large-cap equity securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes present the opportunity for growth. For purposes of the Fund’s 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. Generally, these equity securities will be those of large capitalized companies in new and emerging areas of the economy and companies with distinctive products or promising markets. Advisors looks for companies that it believes have the potential for strong earnings and/or sales growth, or that appear to be mispriced based on current earnings, assets or growth prospects. The Fund may invest in large, well-known, established companies, particularly when Advisors believes that the companies offer new or innovative products, services or processes that may enhance their future earnings. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund also seeks to invest in companies expected to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations. The Fund may invest up to 20% of its assets in foreign investments.


The Fund’s benchmark index is the Russell 1000® Growth Index.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Growth Fund
Bar Chart

Best quarter: 15.96%, for the quarter ended March 31, 2012. Worst quarter: -23.27%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Large-Cap Growth Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class (0.85%) 14.51% 8.17% Mar. 31, 2006
Advisor Class (0.75%) 14.51% [1] 8.17% [1] Dec. 04, 2015
Premier Class (0.99%) 14.35% 8.05% [1] Sep. 30, 2009
Retirement Class (1.14%) 14.19% 7.89% Mar. 31, 2006
Retail Class (1.11%) 14.10% 7.86% Mar. 31, 2006
After Taxes on Distributions | Institutional Class (1.26%) 12.87% 7.25%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class (0.13%) 11.34% 6.49%  
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes) 7.08% 14.50% 8.33%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 46 R88.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Large-Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Large-Cap Growth Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term return, mainly through capital appreciation, primarily from equity securities.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 86% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 86.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund will invest primarily in large-cap equity securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes present the opportunity for growth. For purposes of the Fund’s 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. Generally, these equity securities will be those of large capitalized companies in new and emerging areas of the economy and companies with distinctive products or promising markets. Advisors looks for companies that it believes have the potential for strong earnings and/or sales growth, or that appear to be mispriced based on current earnings, assets or growth prospects. The Fund may invest in large, well-known, established companies, particularly when Advisors believes that the companies offer new or innovative products, services or processes that may enhance their future earnings. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund also seeks to invest in companies expected to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations. The Fund may invest up to 20% of its assets in foreign investments.


The Fund’s benchmark index is the Russell 1000® Growth Index.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Growth Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 15.96%, for the quarter ended March 31, 2012. Worst quarter: -23.27%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.96%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.27%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Large-Cap Growth Fund | Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.08%
5 Years rr_AverageAnnualReturnYear05 14.50%
10 Years rr_AverageAnnualReturnYear10 8.33%
TIAA-CREF Large-Cap Growth Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.42%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.43%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.43%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 44
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 138
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 241
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 542
Annual Return 2007 rr_AnnualReturn2007 21.62%
Annual Return 2008 rr_AnnualReturn2008 (41.04%)
Annual Return 2009 rr_AnnualReturn2009 34.99%
Annual Return 2010 rr_AnnualReturn2010 13.17%
Annual Return 2011 rr_AnnualReturn2011 1.64%
Annual Return 2012 rr_AnnualReturn2012 16.95%
Annual Return 2013 rr_AnnualReturn2013 39.80%
Annual Return 2014 rr_AnnualReturn2014 11.22%
Annual Return 2015 rr_AnnualReturn2015 9.20%
Annual Return 2016 rr_AnnualReturn2016 (0.85%)
1 Year rr_AverageAnnualReturnYear01 (0.85%)
5 Years rr_AverageAnnualReturnYear05 14.51%
10 Years rr_AverageAnnualReturnYear10 8.17%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
TIAA-CREF Large-Cap Growth Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.26%)
5 Years rr_AverageAnnualReturnYear05 12.87%
10 Years rr_AverageAnnualReturnYear10 7.25%
TIAA-CREF Large-Cap Growth Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (0.13%)
5 Years rr_AverageAnnualReturnYear05 11.34%
10 Years rr_AverageAnnualReturnYear10 6.49%
TIAA-CREF Large-Cap Growth Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.42%
Other expenses rr_OtherExpensesOverAssets 0.10% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.52%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.52%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 53
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 167
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 291
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 653
1 Year rr_AverageAnnualReturnYear01 (0.75%)
5 Years rr_AverageAnnualReturnYear05 14.51% [3]
10 Years rr_AverageAnnualReturnYear10 8.17% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Large-Cap Growth Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.42%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.58%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.58%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 59
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 186
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 324
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 726
1 Year rr_AverageAnnualReturnYear01 (0.99%)
5 Years rr_AverageAnnualReturnYear05 14.35%
10 Years rr_AverageAnnualReturnYear10 8.05% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Large-Cap Growth Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.42%
Other expenses rr_OtherExpensesOverAssets 0.26% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.68%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.68%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 69
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 218
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 379
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 847
1 Year rr_AverageAnnualReturnYear01 (1.14%)
5 Years rr_AverageAnnualReturnYear05 14.19%
10 Years rr_AverageAnnualReturnYear10 7.89%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
TIAA-CREF Large-Cap Growth Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.42%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.09%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.76%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.76%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 78
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 243
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 422
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 942
1 Year rr_AverageAnnualReturnYear01 (1.11%)
5 Years rr_AverageAnnualReturnYear05 14.10%
10 Years rr_AverageAnnualReturnYear10 7.86%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 47 BarChart12.png IDEA: XBRL DOCUMENT begin 644 BarChart12.png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end XML 48 R89.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Large-Cap Value Fund
TIAA-CREF Large-Cap Value Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Large-Cap Value Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Large-Cap Value Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.40% 0.40% 0.40% 0.40% 0.40%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.01% 0.12% [1] 0.01% 0.26% 0.08%
Total annual Fund operating expenses 0.41% 0.52% 0.56% 0.66% 0.73%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.41% 0.52% 0.56% 0.66% 0.73%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Large-Cap Value Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 42 $ 53 $ 57 $ 67 $ 75
3 years 132 167 179 211 233
5 years 230 291 313 368 406
10 years $ 518 $ 653 $ 701 $ 822 $ 906
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 62% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund invests primarily in equity securities of large domestic companies, as defined by the Fund’s benchmark index (the Russell 1000® Value Index), that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the Fund’s 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-book value, stock price-to-earnings, and dividend yield; and free cash flow generated by the company. Advisors generally focuses on companies with normalized earnings and high operating leverage, which may cause the Fund to be more volatile in down markets than other large-cap value funds that have more defensive-oriented investment strategies.


The Fund may invest up to 20% of its assets in foreign investments.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Value Investing—Securities believed to be undervalued are subject to the risks that the issuer’s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Value Fund
Bar Chart

Best quarter: 22.75%, for the quarter ended June 30, 2009. Worst quarter: -22.69%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Large-Cap Value Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 18.60% 14.70% 5.70% Oct. 01, 2002
Advisor Class 18.59% 14.69% [1] 5.70% [1] Dec. 04, 2015
Premier Class 18.46% 14.53% 5.59% [1] Sep. 30, 2009
Retirement Class 18.31% 14.41% 5.45% Oct. 01, 2002
Retail Class 18.23% 14.32% 5.43% Oct. 01, 2002
After Taxes on Distributions | Institutional Class 17.45% 12.95% 4.64%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 11.49% 11.40% 4.32%  
Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes) 17.34% 14.80% 5.72%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 49 R95.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Large-Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Large-Cap Value Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of large domestic companies.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 62% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 62.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in large-cap equity securities. The Fund invests primarily in equity securities of large domestic companies, as defined by the Fund’s benchmark index (the Russell 1000® Value Index), that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the Fund’s 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-book value, stock price-to-earnings, and dividend yield; and free cash flow generated by the company. Advisors generally focuses on companies with normalized earnings and high operating leverage, which may cause the Fund to be more volatile in down markets than other large-cap value funds that have more defensive-oriented investment strategies.


The Fund may invest up to 20% of its assets in foreign investments.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Value Investing—Securities believed to be undervalued are subject to the risks that the issuer’s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Value Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 22.75%, for the quarter ended June 30, 2009. Worst quarter: -22.69%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.75%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.69%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Large-Cap Value Fund | Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.34%
5 Years rr_AverageAnnualReturnYear05 14.80%
10 Years rr_AverageAnnualReturnYear10 5.72%
TIAA-CREF Large-Cap Value Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.41%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.41%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 42
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 132
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 230
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 518
Annual Return 2007 rr_AnnualReturn2007 (0.06%)
Annual Return 2008 rr_AnnualReturn2008 (39.85%)
Annual Return 2009 rr_AnnualReturn2009 30.88%
Annual Return 2010 rr_AnnualReturn2010 18.18%
Annual Return 2011 rr_AnnualReturn2011 (5.67%)
Annual Return 2012 rr_AnnualReturn2012 19.68%
Annual Return 2013 rr_AnnualReturn2013 34.43%
Annual Return 2014 rr_AnnualReturn2014 9.16%
Annual Return 2015 rr_AnnualReturn2015 (4.69%)
Annual Return 2016 rr_AnnualReturn2016 18.60%
1 Year rr_AverageAnnualReturnYear01 18.60%
5 Years rr_AverageAnnualReturnYear05 14.70%
10 Years rr_AverageAnnualReturnYear10 5.70%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Large-Cap Value Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.45%
5 Years rr_AverageAnnualReturnYear05 12.95%
10 Years rr_AverageAnnualReturnYear10 4.64%
TIAA-CREF Large-Cap Value Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.49%
5 Years rr_AverageAnnualReturnYear05 11.40%
10 Years rr_AverageAnnualReturnYear10 4.32%
TIAA-CREF Large-Cap Value Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.12% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.52%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.52%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 53
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 167
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 291
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 653
1 Year rr_AverageAnnualReturnYear01 18.59%
5 Years rr_AverageAnnualReturnYear05 14.69% [3]
10 Years rr_AverageAnnualReturnYear10 5.70% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Large-Cap Value Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.56%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.56%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 57
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 179
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 313
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 701
1 Year rr_AverageAnnualReturnYear01 18.46%
5 Years rr_AverageAnnualReturnYear05 14.53%
10 Years rr_AverageAnnualReturnYear10 5.59% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Large-Cap Value Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.66%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 822
1 Year rr_AverageAnnualReturnYear01 18.31%
5 Years rr_AverageAnnualReturnYear05 14.41%
10 Years rr_AverageAnnualReturnYear10 5.45%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Large-Cap Value Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.08%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.73%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.73%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 75
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 233
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 406
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 906
1 Year rr_AverageAnnualReturnYear01 18.23%
5 Years rr_AverageAnnualReturnYear05 14.32%
10 Years rr_AverageAnnualReturnYear10 5.43%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.52% of average daily net assets for Institutional Class shares; (ii) 0.67% of average daily net assets for Advisor Class shares; (iii) 0.67% of average daily net assets for Premier Class shares; (iv) 0.77% of average daily net assets for Retirement Class shares; and (v) 0.91% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 50 BarChart13.png IDEA: XBRL DOCUMENT begin 644 BarChart13.png MB5!.1PT*&@H -24A$4@ H$ %;" 8 "J'E1L !'-"250(" @( M? ADB EP2%ES 7$0 %Q$!RB;S/P ( !)1$%4>)SLG7><$\7[QS^3 MA-+F/;(U70"ES:M0VMS!P8H* M7'9B&P#)-I)>/&4$2M< 5L_/1_7\@@Q*HX]P* 0 J)Y?X'IE,@JES9M0VKQ' MMJ8+H+1Y%4J;^S"S3X*F@PF"( B"('(0,@()@B (@B!R$#(""8(@"((@
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end XML 51 R96.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Mid-Cap Growth Fund
TIAA-CREF Mid-Cap Growth Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Mid-Cap Growth Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Mid-Cap Growth Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.44% 0.44% 0.44% 0.44% 0.44%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.03% 0.12% [1] 0.03% 0.28% 0.09%
Total annual Fund operating expenses 0.47% 0.56% 0.62% 0.72% 0.78%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.47% 0.56% 0.62% 0.72% 0.78%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.55% of average daily net assets for Institutional Class shares; (ii) 0.70% of average daily net assets for Advisor Class shares; (iii) 0.70% of average daily net assets for Premier Class shares; (iv) 0.80% of average daily net assets for Retirement Class shares; and (v) 0.94% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Mid-Cap Growth Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 48 $ 57 $ 63 $ 74 $ 80
3 years 151 179 199 230 249
5 years 263 313 346 401 433
10 years $ 591 $ 701 $ 774 $ 894 $ 966
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 69% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund invests primarily in equity securities of medium-sized domestic companies, as defined by the Fund’s benchmark index (the Russell Midcap® Growth Index), that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes present the opportunity for growth. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations fall within the range represented by the Russell Midcap® Growth Index at the time of the Fund’s investment.


Advisors looks for equity securities of companies that it believes have prospects for strong earnings or sales growth. The Fund invests in equity securities of companies that Advisors believes may represent high growth industries or rapidly evolving areas of the economy, that have distinctive products or services and that are growing faster than the overall equity market. The Fund may also invest in companies that Advisors believes to be undervalued based on current earnings, assets or growth prospects. These investments could include companies likely to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations.


The Fund also uses proprietary quantitative models to screen and identify potential portfolio companies. Often, these companies represent modest deviations from the benchmark index based on relative value, price or potential earnings growth. The Fund may invest up to 20% of its assets in foreign investments.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Mid-Cap Growth Fund
Bar Chart

Best quarter: 19.86%, for the quarter ended June 30, 2009. Worst quarter: -28.66%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Mid-Cap Growth Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 1.95% 11.98% 7.11% Oct. 01, 2002
Advisor Class 1.94% 11.98% [1] 7.11% [1] Dec. 04, 2015
Premier Class 1.81% 11.82% 6.99% [1] Sep. 30, 2009
Retirement Class 1.69% 11.70% 6.84% Oct. 01, 2002
Retail Class 1.63% 11.62% 6.83% Oct. 01, 2002
After Taxes on Distributions | Institutional Class 1.83% 9.56% 5.75%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 1.21% 9.20% 5.58%  
Russell Midcap® Growth Index (reflects no deductions for fees, expenses or taxes) 7.33% 13.51% 7.83%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 52 R102.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Mid-Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Mid-Cap Growth Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 69% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 69.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund invests primarily in equity securities of medium-sized domestic companies, as defined by the Fund’s benchmark index (the Russell Midcap® Growth Index), that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes present the opportunity for growth. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations fall within the range represented by the Russell Midcap® Growth Index at the time of the Fund’s investment.


Advisors looks for equity securities of companies that it believes have prospects for strong earnings or sales growth. The Fund invests in equity securities of companies that Advisors believes may represent high growth industries or rapidly evolving areas of the economy, that have distinctive products or services and that are growing faster than the overall equity market. The Fund may also invest in companies that Advisors believes to be undervalued based on current earnings, assets or growth prospects. These investments could include companies likely to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations.


The Fund also uses proprietary quantitative models to screen and identify potential portfolio companies. Often, these companies represent modest deviations from the benchmark index based on relative value, price or potential earnings growth. The Fund may invest up to 20% of its assets in foreign investments.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Mid-Cap Growth Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 19.86%, for the quarter ended June 30, 2009. Worst quarter: -28.66%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.86%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.66%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Mid-Cap Growth Fund | Russell Midcap® Growth Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.33%
5 Years rr_AverageAnnualReturnYear05 13.51%
10 Years rr_AverageAnnualReturnYear10 7.83%
TIAA-CREF Mid-Cap Growth Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.44%
Other expenses rr_OtherExpensesOverAssets 0.03%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.47%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.47%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 48
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 151
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 263
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 591
Annual Return 2007 rr_AnnualReturn2007 17.35%
Annual Return 2008 rr_AnnualReturn2008 (46.25%)
Annual Return 2009 rr_AnnualReturn2009 46.92%
Annual Return 2010 rr_AnnualReturn2010 28.50%
Annual Return 2011 rr_AnnualReturn2011 (5.23%)
Annual Return 2012 rr_AnnualReturn2012 17.96%
Annual Return 2013 rr_AnnualReturn2013 36.78%
Annual Return 2014 rr_AnnualReturn2014 7.74%
Annual Return 2015 rr_AnnualReturn2015 (0.63%)
Annual Return 2016 rr_AnnualReturn2016 1.95%
1 Year rr_AverageAnnualReturnYear01 1.95%
5 Years rr_AverageAnnualReturnYear05 11.98%
10 Years rr_AverageAnnualReturnYear10 7.11%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Mid-Cap Growth Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.83%
5 Years rr_AverageAnnualReturnYear05 9.56%
10 Years rr_AverageAnnualReturnYear10 5.75%
TIAA-CREF Mid-Cap Growth Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.21%
5 Years rr_AverageAnnualReturnYear05 9.20%
10 Years rr_AverageAnnualReturnYear10 5.58%
TIAA-CREF Mid-Cap Growth Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.44%
Other expenses rr_OtherExpensesOverAssets 0.12% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.56%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.56%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 57
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 179
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 313
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 701
1 Year rr_AverageAnnualReturnYear01 1.94%
5 Years rr_AverageAnnualReturnYear05 11.98% [3]
10 Years rr_AverageAnnualReturnYear10 7.11% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Mid-Cap Growth Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.44%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.03%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.62%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.62%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 63
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 199
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 346
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 774
1 Year rr_AverageAnnualReturnYear01 1.81%
5 Years rr_AverageAnnualReturnYear05 11.82%
10 Years rr_AverageAnnualReturnYear10 6.99% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Mid-Cap Growth Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.44%
Other expenses rr_OtherExpensesOverAssets 0.28%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.72%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.72%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 74
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 230
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 401
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 894
1 Year rr_AverageAnnualReturnYear01 1.69%
5 Years rr_AverageAnnualReturnYear05 11.70%
10 Years rr_AverageAnnualReturnYear10 6.84%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Mid-Cap Growth Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.44%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.09%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.78%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.78%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 80
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 249
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 433
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 966
1 Year rr_AverageAnnualReturnYear01 1.63%
5 Years rr_AverageAnnualReturnYear05 11.62%
10 Years rr_AverageAnnualReturnYear10 6.83%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.55% of average daily net assets for Institutional Class shares; (ii) 0.70% of average daily net assets for Advisor Class shares; (iii) 0.70% of average daily net assets for Premier Class shares; (iv) 0.80% of average daily net assets for Retirement Class shares; and (v) 0.94% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 53 BarChart14.png IDEA: XBRL DOCUMENT begin 644 BarChart14.png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end XML 54 R103.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Mid-Cap Value Fund
TIAA-CREF Mid-Cap Value Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Mid-Cap Value Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Mid-Cap Value Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.40% 0.40% 0.40% 0.40% 0.40%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.01% 0.09% [1] 0.01% 0.26% 0.06%
Total annual Fund operating expenses 0.41% 0.49% 0.56% 0.66% 0.71%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.41% 0.49% 0.56% 0.66% 0.71%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.55% of average daily net assets for Institutional Class shares; (ii) 0.70% of average daily net assets for Advisor Class shares; (iii) 0.70% of average daily net assets for Premier Class shares; (iv) 0.80% of average daily net assets for Retirement Class shares; and (v) 0.94% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Mid-Cap Value Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 42 $ 50 $ 57 $ 67 $ 73
3 years 132 157 179 211 227
5 years 230 274 313 368 395
10 years $ 518 $ 616 $ 701 $ 822 $ 883
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 43% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund will invest primarily in equity securities of medium-sized domestic companies, as defined by the Fund’s benchmark index (the Russell Midcap® Value Index), that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations fall within the range represented by the Russell Midcap® Value Index at the time of the Fund’s investment.


Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-earnings, stock price-to-book value, free cash flow, debt-to-capital and, to a lesser extent, dividend yield.


The Fund may invest up to 20% of its assets in foreign investments.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Value Investing—Securities believed to be undervalued are subject to the risks that the issuer’s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Mid-Cap Value Fund
Bar Chart

Best quarter: 20.46%, for the quarter ended June 30, 2009. Worst quarter: -26.96%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Mid-Cap Value Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 17.40% 14.15% 7.15% Oct. 01, 2002
Advisor Class 17.44% 14.14% [1] 7.14% [1] Dec. 04, 2015
Premier Class 17.22% 13.98% 7.03% [1] Sep. 30, 2009
Retirement Class 17.17% 13.88% 6.88% Oct. 01, 2002
Retail Class 17.12% 13.80% 6.89% Oct. 01, 2002
After Taxes on Distributions | Institutional Class 16.16% 12.40% 6.06%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 10.84% 11.10% 5.59%  
Russell Midcap® Value Index (reflects no deductions for fees, expenses or taxes) 20.00% 15.70% 7.59%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 

XML 55 R109.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Mid-Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Mid-Cap Value Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of medium-sized domestic companies.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 43% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 43.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in mid-cap equity securities. The Fund will invest primarily in equity securities of medium-sized domestic companies, as defined by the Fund’s benchmark index (the Russell Midcap® Value Index), that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes appear undervalued by the market based on an evaluation of their potential worth. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes. Advisors considers medium-sized companies to be those companies whose market capitalizations fall within the range represented by the Russell Midcap® Value Index at the time of the Fund’s investment.


Advisors uses a variety of comparative valuation criteria to determine whether shares of a particular company might be undervalued, including analyses of historical valuations of the same security; valuations of comparable securities in the same sector or the overall market; various financial ratios such as stock price-to-earnings, stock price-to-book value, free cash flow, debt-to-capital and, to a lesser extent, dividend yield.


The Fund may invest up to 20% of its assets in foreign investments.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Value Investing—Securities believed to be undervalued are subject to the risks that the issuer’s potential business prospects are not realized, its potential value is never recognized by the market or the securities were appropriately priced when acquired. As a result, value stocks can be overpriced when acquired and may not perform as anticipated.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive, reimburse and/or compensate the Fund for certain fees, expenses and/or costs. Without these reductions and/or compensation, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org. For information on the effect of compensation paid to the Fund on returns, see the Financial highlights for the Fund in this Prospectus.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Mid-Cap Value Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 20.46%, for the quarter ended June 30, 2009. Worst quarter: -26.96%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.46%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (26.96%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Mid-Cap Value Fund | Russell Midcap® Value Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 20.00%
5 Years rr_AverageAnnualReturnYear05 15.70%
10 Years rr_AverageAnnualReturnYear10 7.59%
TIAA-CREF Mid-Cap Value Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.41%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.41%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 42
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 132
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 230
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 518
Annual Return 2007 rr_AnnualReturn2007 6.30%
Annual Return 2008 rr_AnnualReturn2008 (40.59%)
Annual Return 2009 rr_AnnualReturn2009 37.39%
Annual Return 2010 rr_AnnualReturn2010 21.20%
Annual Return 2011 rr_AnnualReturn2011 (2.17%)
Annual Return 2012 rr_AnnualReturn2012 16.60%
Annual Return 2013 rr_AnnualReturn2013 32.55%
Annual Return 2014 rr_AnnualReturn2014 12.85%
Annual Return 2015 rr_AnnualReturn2015 (5.35%)
Annual Return 2016 rr_AnnualReturn2016 17.40%
1 Year rr_AverageAnnualReturnYear01 17.40%
5 Years rr_AverageAnnualReturnYear05 14.15%
10 Years rr_AverageAnnualReturnYear10 7.15%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Mid-Cap Value Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 16.16%
5 Years rr_AverageAnnualReturnYear05 12.40%
10 Years rr_AverageAnnualReturnYear10 6.06%
TIAA-CREF Mid-Cap Value Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.84%
5 Years rr_AverageAnnualReturnYear05 11.10%
10 Years rr_AverageAnnualReturnYear10 5.59%
TIAA-CREF Mid-Cap Value Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.09% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.49%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.49%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 50
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 157
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 274
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 616
1 Year rr_AverageAnnualReturnYear01 17.44%
5 Years rr_AverageAnnualReturnYear05 14.14% [3]
10 Years rr_AverageAnnualReturnYear10 7.14% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Mid-Cap Value Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.56%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.56%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 57
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 179
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 313
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 701
1 Year rr_AverageAnnualReturnYear01 17.22%
5 Years rr_AverageAnnualReturnYear05 13.98%
10 Years rr_AverageAnnualReturnYear10 7.03% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Mid-Cap Value Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.66%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 822
1 Year rr_AverageAnnualReturnYear01 17.17%
5 Years rr_AverageAnnualReturnYear05 13.88%
10 Years rr_AverageAnnualReturnYear10 6.88%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Mid-Cap Value Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.06%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.71%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.71%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 73
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 227
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 395
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 883
1 Year rr_AverageAnnualReturnYear01 17.12%
5 Years rr_AverageAnnualReturnYear05 13.80%
10 Years rr_AverageAnnualReturnYear10 6.89%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.55% of average daily net assets for Institutional Class shares; (ii) 0.70% of average daily net assets for Advisor Class shares; (iii) 0.70% of average daily net assets for Premier Class shares; (iv) 0.80% of average daily net assets for Retirement Class shares; and (v) 0.94% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 56 BarChart15.png IDEA: XBRL DOCUMENT begin 644 BarChart15.png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ᇴ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end XML 57 R110.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Small-Cap Equity Fund
TIAA-CREF Small-Cap Equity Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of smaller domestic companies.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Small-Cap Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Small-Cap Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.40% 0.40% 0.40% 0.40% 0.40%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.02% 0.11% [1] 0.02% 0.27% 0.08%
Total annual Fund operating expenses 0.42% 0.51% 0.57% 0.67% 0.73%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.42% 0.51% 0.57% 0.67% 0.73%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.53% of average daily net assets for Institutional Class shares; (ii) 0.68% of average daily net assets for Advisor Class shares; (iii) 0.68% of average daily net assets for Premier Class shares; (iv) 0.78% of average daily net assets for Retirement Class shares; and (v) 0.92% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Small-Cap Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 43 $ 52 $ 58 $ 68 $ 75
3 years 135 164 183 214 233
5 years 235 285 318 373 406
10 years $ 530 $ 640 $ 714 $ 835 $ 906
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 86% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in small-cap equity securities. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have favorable prospects for significant long-term capital appreciation potential. A small-cap equity security is a security within the capitalization range of the companies included in the Fund’s benchmark index, the Russell 2000® Index, at the time of purchase. The Fund invests primarily in equity securities of smaller domestic companies across a wide range of sectors, growth rates and valuations. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund seeks to add incremental return over its stated benchmark index, while also managing the relative risk of the Fund versus its benchmark index. Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques, based on financial and investment theories to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, along with the following additional inputs: weightings of the stock and its corresponding sector in the benchmark, correlations between the performance of the stocks in the universe, and trading costs. The Fund may purchase foreign securities and securities issued in connection with reorganizations and other special situations.


The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus its benchmark index. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors’ analysis.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Small-Cap Equity Fund
Bar Chart

Best quarter: 20.16%, for the quarter ended June 30, 2009. Worst quarter: -24.81%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Small-Cap Equity Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 19.97% 15.45% 7.25% Oct. 01, 2002
Advisor Class 19.96% 15.43% [1] 7.24% [1] Dec. 04, 2015
Premier Class 19.86% 15.28% 7.13% [1] Sep. 30, 2009
Retirement Class 19.63% 15.17% 6.98% Oct. 01, 2002
Retail Class 19.57% 15.05% 6.95% Oct. 01, 2002
After Taxes on Distributions | Institutional Class 19.02% 13.11% 5.90%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 12.10% 11.85% 5.51%  
Russell 2000® Index (reflects no deductions for fees, expenses or taxes) 21.31% 14.46% 7.07%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 58 R116.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Small-Cap Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Small-Cap Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of smaller domestic companies.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 86% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 86.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in small-cap equity securities. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have favorable prospects for significant long-term capital appreciation potential. A small-cap equity security is a security within the capitalization range of the companies included in the Fund’s benchmark index, the Russell 2000® Index, at the time of purchase. The Fund invests primarily in equity securities of smaller domestic companies across a wide range of sectors, growth rates and valuations. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund seeks to add incremental return over its stated benchmark index, while also managing the relative risk of the Fund versus its benchmark index. Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques, based on financial and investment theories to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, along with the following additional inputs: weightings of the stock and its corresponding sector in the benchmark, correlations between the performance of the stocks in the universe, and trading costs. The Fund may purchase foreign securities and securities issued in connection with reorganizations and other special situations.


The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus its benchmark index. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure successful investment. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors’ analysis.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Small-Cap Equity Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 20.16%, for the quarter ended June 30, 2009. Worst quarter: -24.81%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.16%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.81%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Small-Cap Equity Fund | Russell 2000® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 21.31%
5 Years rr_AverageAnnualReturnYear05 14.46%
10 Years rr_AverageAnnualReturnYear10 7.07%
TIAA-CREF Small-Cap Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.42%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.42%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 43
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 135
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 235
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 530
Annual Return 2007 rr_AnnualReturn2007 (6.14%)
Annual Return 2008 rr_AnnualReturn2008 (32.75%)
Annual Return 2009 rr_AnnualReturn2009 26.97%
Annual Return 2010 rr_AnnualReturn2010 27.49%
Annual Return 2011 rr_AnnualReturn2011 (3.90%)
Annual Return 2012 rr_AnnualReturn2012 14.07%
Annual Return 2013 rr_AnnualReturn2013 39.99%
Annual Return 2014 rr_AnnualReturn2014 6.92%
Annual Return 2015 rr_AnnualReturn2015 0.14%
Annual Return 2016 rr_AnnualReturn2016 19.97%
1 Year rr_AverageAnnualReturnYear01 19.97%
5 Years rr_AverageAnnualReturnYear05 15.45%
10 Years rr_AverageAnnualReturnYear10 7.25%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Small-Cap Equity Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 19.02%
5 Years rr_AverageAnnualReturnYear05 13.11%
10 Years rr_AverageAnnualReturnYear10 5.90%
TIAA-CREF Small-Cap Equity Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.10%
5 Years rr_AverageAnnualReturnYear05 11.85%
10 Years rr_AverageAnnualReturnYear10 5.51%
TIAA-CREF Small-Cap Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.11% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.51%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.51%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 52
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 164
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 285
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 640
1 Year rr_AverageAnnualReturnYear01 19.96%
5 Years rr_AverageAnnualReturnYear05 15.43% [3]
10 Years rr_AverageAnnualReturnYear10 7.24% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Small-Cap Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.57%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.57%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 58
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 183
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 318
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 714
1 Year rr_AverageAnnualReturnYear01 19.86%
5 Years rr_AverageAnnualReturnYear05 15.28%
10 Years rr_AverageAnnualReturnYear10 7.13% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Small-Cap Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.40%
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.67%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.67%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 68
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 214
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 373
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 835
1 Year rr_AverageAnnualReturnYear01 19.63%
5 Years rr_AverageAnnualReturnYear05 15.17%
10 Years rr_AverageAnnualReturnYear10 6.98%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Small-Cap Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.40%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.08%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.73%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.73%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 75
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 233
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 406
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 906
1 Year rr_AverageAnnualReturnYear01 19.57%
5 Years rr_AverageAnnualReturnYear05 15.05%
10 Years rr_AverageAnnualReturnYear10 6.95%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.53% of average daily net assets for Institutional Class shares; (ii) 0.68% of average daily net assets for Advisor Class shares; (iii) 0.68% of average daily net assets for Premier Class shares; (iv) 0.78% of average daily net assets for Retirement Class shares; and (v) 0.92% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
XML 59 R117.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Small/Mid-Cap Equity Fund
TIAA-CREF Small/Mid-Cap Equity Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Small/Mid-Cap Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Small/Mid-Cap Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.46% 0.46% 0.46% 0.46% 0.46%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses [1] 0.05% 0.14% 0.05% 0.30% 0.19%
Total annual Fund operating expenses 0.51% 0.60% 0.66% 0.76% 0.90%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.51% 0.60% 0.66% 0.76% 0.90%
[1] Estimates for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.53% of average daily net assets for Institutional Class shares; (ii) 0.68% of average daily net assets for Advisor Class shares; (iii) 0.68% of average daily net assets for Premier Class shares; (iv) 0.78% of average daily net assets for Retirement Class shares; and (v) 0.92% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Small/Mid-Cap Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 52 $ 61 $ 67 $ 78 $ 92
3 years 164 192 211 243 287
5 years 285 335 368 422 498
10 years $ 640 $ 750 $ 822 $ 942 $ 1,108
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal period between August 5, 2016 (inception date) and October 31, 2016, the Fund’s portfolio turnover rate was 2% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in small-cap and mid-cap equity securities. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have favorable prospects for significant long-term capital appreciation potential. A small-cap or mid-cap equity security is a security within the capitalization range of the companies included in the Fund’s benchmark index, the Russell 2500® Index, at the time of purchase. As of December 31, 2016, the Russell 2500® Index had a mean market capitalization of $4.2 billion and a median market capitalization of $1.1 billion. The Fund invests primarily in equity securities of small to mid-sized companies across a wide range of sectors, growth rates and valuations. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund seeks to add incremental return over its stated benchmark index, while also managing the relative risk of the Fund versus its benchmark index. Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques, based on financial and investment theories to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, along with the following additional inputs: weightings of the stock and its corresponding sector in the benchmark, correlations of the stocks in the universe and trading costs. The Fund may purchase foreign equity securities, denominated in U.S. dollars or in non-U.S. dollar currencies, and equity securities issued in connection with reorganizations and other special situations.


The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus its benchmark index. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure the Fund will perform as intended. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors’ analysis.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Currency Risk—The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund’s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

Performance information is not available for the Fund because the Fund has less than one calendar year of performance.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

XML 60 R121.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Small/Mid-Cap Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Small/Mid-Cap Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal period between August 5, 2016 (inception date) and October 31, 2016, the Fund’s portfolio turnover rate was 2% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 2.00%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in small-cap and mid-cap equity securities. In seeking a favorable long-term total return, the Fund will invest in securities that the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), believes have favorable prospects for significant long-term capital appreciation potential. A small-cap or mid-cap equity security is a security within the capitalization range of the companies included in the Fund’s benchmark index, the Russell 2500® Index, at the time of purchase. As of December 31, 2016, the Russell 2500® Index had a mean market capitalization of $4.2 billion and a median market capitalization of $1.1 billion. The Fund invests primarily in equity securities of small to mid-sized companies across a wide range of sectors, growth rates and valuations. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund seeks to add incremental return over its stated benchmark index, while also managing the relative risk of the Fund versus its benchmark index. Advisors uses proprietary quantitative models, or models utilizing econometric and mathematical techniques, based on financial and investment theories to evaluate and score a broad universe of stocks in which the Fund invests. These models typically weigh many different variables, including the valuation of the individual stock versus the market or its peers, future earnings and sustainable growth prospects, and the price and volume trends of the stock. The score is used to form the portfolio, along with the following additional inputs: weightings of the stock and its corresponding sector in the benchmark, correlations of the stocks in the universe and trading costs. The Fund may purchase foreign equity securities, denominated in U.S. dollars or in non-U.S. dollar currencies, and equity securities issued in connection with reorganizations and other special situations.


The overall goal is to build a portfolio of stocks that generate a favorable long-term total return, while also managing the relative risk of the Fund versus its benchmark index. The Fund’s strategy is based upon Advisors’ understanding of the interplay of market factors and does not assure the Fund will perform as intended. The markets or the prices of individual securities may be affected by factors not taken into account in Advisors’ analysis.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


· Special Situation Risk—Stocks of companies involved in acquisitions, consolidations, tender offers or exchanges, takeovers, reorganizations, mergers and other special situations can involve the risk that such situations may not materialize or may develop in unexpected ways. Consequently, those stocks can involve more risk than ordinary securities.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Currency Risk—The risk that foreign (non-U.S.) currencies may decline in value relative to the U.S. dollar and adversely affect the value of the Fund’s investments in foreign currencies, securities denominated in foreign currencies or derivative instruments that provide exposure to foreign currencies.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

Performance information is not available for the Fund because the Fund has less than one calendar year of performance.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information is not available for the Fund because the Fund has less than one calendar year of performance.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
TIAA-CREF Small/Mid-Cap Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Other expenses rr_OtherExpensesOverAssets 0.05% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.51%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.51%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 52
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 164
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 285
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 640
TIAA-CREF Small/Mid-Cap Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Other expenses rr_OtherExpensesOverAssets 0.14% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.60%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.60%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 61
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 192
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 335
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 750
TIAA-CREF Small/Mid-Cap Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.05% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.66%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 822
TIAA-CREF Small/Mid-Cap Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.46%
Other expenses rr_OtherExpensesOverAssets 0.30% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.76%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.76%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 78
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 243
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 422
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 942
TIAA-CREF Small/Mid-Cap Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.46%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.19% [1]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.90%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 92
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 287
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 498
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,108
[1] Estimates for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.53% of average daily net assets for Institutional Class shares; (ii) 0.68% of average daily net assets for Advisor Class shares; (iii) 0.68% of average daily net assets for Premier Class shares; (iv) 0.78% of average daily net assets for Retirement Class shares; and (v) 0.92% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
XML 61 R122.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Social Choice Equity Fund
TIAA-CREF Social Choice Equity Fund
Investment objective

The Fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain environmental, social and governance (“ESG”) criteria.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Social Choice Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Social Choice Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.15% 0.15% 0.15% 0.15% 0.15%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.04% 0.13% [1] 0.04% 0.29% 0.06%
Total annual Fund operating expenses 0.19% 0.28% 0.34% 0.44% 0.46%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.19% 0.28% 0.34% 0.44% 0.46%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.22% of average daily net assets for Institutional Class shares; (ii) 0.37% of average daily net assets for Advisor Class shares; (iii) 0.37% of average daily net assets for Premier Class shares; (iv) 0.47% of average daily net assets for Retirement Class shares; and (v) 0.61% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Social Choice Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 19 $ 29 $ 35 $ 45 $ 47
3 years 61 90 109 141 148
5 years 107 157 191 246 258
10 years $ 243 $ 356 $ 431 $ 555 $ 579
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 16% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. The Fund attempts to achieve the return of the U.S. stock market as represented by its benchmark, the Russell 3000®Index, while investing only in companies whose activities are consistent with the Fund’s ESG criteria. See “Additional information about the Fund’s benchmark index” below for more information about the Fund’s benchmark.


The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund’s shareholders. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund’s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.


The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.


Once a universe of ESG-eligible companies is established, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all companies that meet the ESG criteria.


The Corporate Governance and Social Responsibility Committee (the “CGSR Committee”) of the Board of Trustees of the Trust (“Board of Trustees”) reviews the ESG criteria used to screen securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund’s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund’s ESG investment criteria and monitors the ESG vendors selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund’s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.


The Fund is not restricted from investing in any securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may also invest in securities issued by other countries or their agencies or instrumentalities as approved by the CGSR Committee. Consistent with its ESG criteria, the Fund may invest up to 15% of its assets in foreign investments.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· ESG Criteria Risk—The risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Benchmark Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice Equity Fund
Bar Chart

Best quarter: 17.87%, for the quarter ended June 30, 2009. Worst quarter: -23.79%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Social Choice Equity Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 13.51% 13.56% 6.76% Jul. 01, 1999
Advisor Class 13.57% 13.55% [1] 6.76% [1] Dec. 04, 2015
Premier Class 13.32% 13.40% 6.63% [1] Sep. 30, 2009
Retirement Class 13.24% 13.27% 6.49% Oct. 01, 2002
Retail Class 13.26% 13.24% 6.55% Mar. 31, 2006
After Taxes on Distributions | Institutional Class 11.79% 12.59% 6.15%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 9.08% 10.83% 5.41%  
Russell 3000® Index (reflects no deductions for fees, expenses or taxes) 12.74% 14.67% 7.07%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
GRAPHIC 62 BarChart16.png IDEA: XBRL DOCUMENT begin 644 BarChart16.png MB5!.1PT*&@H -24A$4@ H$ %<" 8 "W&V34 !'-"250(" @( M? ADB EP2%ES 7$0 %Q$!RB;S/P ( !)1$%4>)SLG7=\%-7:QW^S MFTT@@= )500+12\(*N@%*5ZN8@&EV LJJ(B((B)-I$JQ@!!L%!O8KB JZL5R M[5T!?55 !314(Z&%A))D=]X_MLW.GIDY4W=F]_GR6;([<_IYSCG/G/*,((JB M"((@"((@""*C\*4Z 01!$ 1!$(3SD!)($ 1!$ 21@9 22! $01 $D8&0$D@0 M!$$0!)&!D!)($ 1!$ 21@9 22! $01 $D8&0$D@0!$$0!)&!D!)($ 1!$ 21 M@9 22! $01 $D8&0$D@0!$$0!)&!D!)($ 1!$ 21@9 22! $01 $D8&0$D@0 M!$$0!)&!9*4Z 7H(A4(H*2D! .3FYD(0A!2GB" (@B ((C6(HHC#AP\# .K7 MKP^?3]_?ABB*F#1I$K*SL[%GSQ[T[-D3 P<. M5 VCI*0$!04%#J68( B"( C"&Q07%Z-APX:Z_#BF!$Z;-@UMV[9%65D9 &#E MRI4H*BK"LF7+$ P&T;IU:W3KUHV4/((@"((@" =P1 EO1I=NW8% /C]?G3JU EKUJS!X,&#%1/*F_=(UWP!E#>O0GES!T#W^TVFW!JJ*BL! -5R\UPO3'JAO'D3RIOW2-=\ 90WKT)Y*)QC>;BV M*X$3)DR(?7_NN>?PR2>?X-Y[[\6*%2OPQAMO8-BP8:BJJL+Z]>M16%C('>Z* MM7^@6FX>\YZ@\W0,01 $01"$6[EZQ!A<-7QTTO6CA\M5)\6T<.Q@R)HU:[!Z M]6K\^>>?6+1H$6ZYY1;\\,,/F#QY,DI*2C!GSAQ=,X'AY6!W3-,2!$$0!$'8 MA=_O!QC;W,SJ08XI@7WZ]$&?/GT2KLV8,<.IZ F"( B"( @)M&Y*$ 1!$ 21 M@9 2:#."SX=K[AB;EOL4*6_>A/+F/=(U7P#ES:M0WM(#011%,=6)X*6\O!PU M:M0 +S^?SL4#X80!$$0!$&D.T>K=P01!$(0[ M$$414VZY"JU/.P-5E178]ONON'O.0N36J D ^/.WC;C[LO,Q=?%+^$?GKDG^ M/WU[%;[ZWW]Q0KM_X-CY\4#47ZH%(7WWXV6K4]!Q;%C^&O[G[AC MVB.HEIN''7]LQNO//HD:^;5PTC\ZHNMY%P, YHT?BI"ZX8-@K7W3D.U7)S\=HS3P WG[A M:5Q\S1#<,'H2WGIA*0#@B_?>0HN3VI "2! &("60( B"T(T@"+@R8K.<.M#BI+0!@\>Q)N&'T)/C]RHM-O?M?B0:-FP( =OZY!<>?W X 4+=! ?I= M=W/,72@40FY>>!M0C=IU<.C /AP]@T;:?JMK*C \@6S\=.W M7V#XY(>2[N\J^@.[B_[ ;9/";TJX=/"M6+ET(=9]\3&&CIN&1;/NPTUC)F/% MDD(<*2]'QZX]<.H99UN>1X)(5^A@"$$0!&&:EY^8B^(=VW#DJY>?A[YW8 P)8-/^&EQQ_&J%F%R*M9"Q^M7I$0 M]X&]>_#A&__!@"&WX_"A4N37J0N 7AE*$'JAY6""( A"-X'L'+R_\B5LW?@3 M1!'8NN$GW'K?K-C]_SSU*/;LVH'_O?X?9 6RT;;CF7CZH:DXZ=0.Z'OM4%16 M5F#A_:-1T.PX%._8AB[G]D&'L\]!R5^[,/;:OFAQ730?7<[MDY1.@B"4H>5@(JU@F:T8-;L0 MWWRX!C]__Q6:M&B%K1M_1M?S^\;,2TA1,EL! #]__Q5>?_8IM&[?$9M^7(M^ MU]Z,#F>?0V8K"((@B)1 =@()0D;;CF?&3BW.NO,F?+#J91PI+\.M$VV MP6EG=X^Y"06#J%8]E[E_J'?_*V/?I68K *!>PT8XL*\$ +"_9 ].;M\1@++9 MBOL?7V9+'@F"( C""D@))-(2J=F*]EVZ)=Q[YT))-*:J-F*.Q]X% #P0N&#:-2\ M!?YUZ16:?J5F*QHT;HK!/3O@X9?>0>/CCL?633_CWJLOQBO?;8'?[X_Y(;,5 M!$$0A%/0GD""D+!M\Z_8O?U/=.EU/H"PV8JUG_X/HBABR>S[T>'L<]"YYWGX M^?NOT+CY\:A7T!@']I:@6FXNJE7/QKCX/[2E"[7GT M0-T&C5!969D0=]1LQ>0G7\#7'_R7S%80&EA\00X H0@P%@6 0" 4A!JN 8#!\+12* MNV+#[ M9F')[/OQZ3NKL/F7'[%B<2'V[2G&A 5/HUY!8SPC,5M1Q3!;<=K9YP 1DZ; MBX63[T&+$UNC:/.ON/?A)Y$EF05<],!$#!T[%3Y!P!G=S\43$K,55N2-2 &1 M?H5'/J/=3Z;W1]N+=V//@0. SQ=6]/Q9$+("$ +9$ +90%8VA$ 0E8@?,_G MCRB" ,0*0 Q"# 8A5E4"E140JRH@5D8^595 565,&6Q0NPY.M%@)M*HOTAM' MJN(E/ 2C/S);GYY=#GY#:3E8J649R:49?ZRXM<*S:^"0A\OS.XK(N":];B1^ MN_Q8X3=5<>OQIU87 L*EJ#UKMWJ(X M/_K^6^PYL%];"?0'@"RY$BCJ5 )KH]>97?2U'2?' K-^S?@WVJ[-]$72^%BR M+P]?J;]R8AQ4NZ_49JR,3\N?4OG).'JX')=DY')P="J0QYWTKY%XC,**6RL\ MI?MF'^'D?K5^&[T>1=[(>=-NU2..Z<N4]575O M57GPQF%5&O7ZY6WW:O>5'@R3'!@(6_? *6BD)8+1?B53^R.C?5'4K]8UH^.1 M%E;V1ZFL=SWE85*VO*L$9AI6#TAVDPJEVTUD2OZ]EE["/%;5N26S/2843CO] MN0VG'SI2A1?3G&)HQSI!$ 1A(09'8AK "<)Q2 DD+(!Z;_NA,B:\@L'9.4MF M!JF=V ^5<3J1)LO!=NTD=5/\6KMI"24V;]^&\B,RDQ6^B,D*GQ_P^8$$DQ4" M(/@235:$U$Q6!",;VD7D5:]N^6E%]\':0>U4?*E ;_RI3*\3?8,\CE37#Y&Y MZ#WM9$><3F-M_!Y6 J,G0[1V*2L=LU$Z_L-Z/%5[\E'SJQ:G/'R>HYM*E:^T MBUW__67\=.*J(@H?7I,5K102+\T MK?)Z5*M#J1MY6&;KDE=F>-/,DF.E!QC>]BN/4\T=*RU*\6J5FQR>LE)+IYJ\ M*K5O/6GD*2O6@"DO&WE:E617*;TF9HITCVU*N_=Y^R*I6S-]D=)U5OFJU2.O M?.I) \L-&.%!5B\'9>:&QX!U,H#3]A:_M0$ MGS=.K?B<1*G>I+^U.A6E:TKUSNI4])2IEAMY?N1I45,:U,)1RP]/6GGS:$1I MX(F?Y8:G'ECE*?6OE4:E^[S]#"O-K.M* SM+#CC1K? I!<)3E_+K/'T1CSNM MZVKCC5H8>L8QGNM O*RTQAH]X:OY4^JGK.J/U,9$>5_$2JM:F%ICLA7]D5I8 M6NW2NK$M#91 *68+Q@ZEP8BP\#9XH_>,"C"/7S/^4JRT61Z]G7DV4T=VRY,> M^=7C1B]V]P=F[YN-W^KPC"I/O.';@9$X/= 7V4(J^B.G^R+Y/3U*O%XW>G!; M7Q GHPZ&6"$:1MSJ1>E9C2=>O>E*M:CSNK?^^<=Y4BU?5L:?2E5 K\PH74^U M+&FEPVP^K<*VNC;;"1N,PJQ;7I782?3*M)?&";7Q4.N^F_HBK7G%5,F2IV<" MS3X#NED15 N?%$%[PK??;9 MF#!A @#@RBNOQ'///8=&C1JAJ*@(RY8M0S 81.O6K=&M6S<4%!0XD22"2(8U M .GO?NC5FS9N&VVVY#HT:-4%I:&KM?6EJJ:REX8*?C M%>]=.W(LKK]SO)GD$FF$DWN4:% B"$YXME\0! $ >&'A@UB^8([EX=JN!&[< MN!%;MV[%11==! X\<03L6;-&HP<.1*K5JW"L&'#4%55A?7KUZ.PL) [W)7K M_D3UW#SF/<&7499O" U,G584%*Z;C8L@,AUY8U%[&01G$ 21KEPSXEY MI.M'#I>K3HII8;L2F).3@V>??18__/ #1%'$#S_\@/GSYZ-#APY8OWX])D^> MC)*2$LR9,T?73&!6(("L0,#&E!,9!\T$$H1S*+U)RT00!)&N^/WA=]S+,:L' MV:X$MFK5"J^^^BKSWHP9,PR'*P 0I)V&@0Z$,(@396UA'*:",9 .VV*TA&[::3)B&VIPR5#;IA5SG,5GVM'F.2'OHM")! M.(>3;8!T#X(P!RF!!*&$"-+J",)):$\@03@**8$$H0;9"20(@B#2%%(""2** MSE?$\01!$(0.Z"F*(!PE;95 ._H2(V%*SZ]8L(>3&3[O/G6CX;O5C^5A6W1: M41ZDWKP9+0N[ZML.V96'Z60Y.1VN6]+)VD]N9YUJXI"Q:+?(E1OB,U(6J>K/ MU<8UN^26==Y43QA6XX1L>/9T,$^ANZ52G#@T2(J@.U"22Z\K@E:&KQ:F6P;L M3% $C89A&19$S#OXND6NW!"?E_ISI_LB:;AN& 8B40H*P M!GKH(HB4D[%*(/4U^DC%(1S'X:V]*0,BPJ"RM,^ M,F(<;V2&R-Q(3&LV(O:%0I.<,-2CE7YCV(@+$OE M2E (,UH/\A>(6UG_4ID"V'84W5#G!G!;VW=;>KA@U;^9C!B4)8$1IROZ(L"> M]IA*!(4J9O5'=HU%/..@ATBU'N-9)= VPSQNA\<6C-5&E'CBMSI>,UB=?[T= MBQ/EH&;'P*KX>>K>+75.I :KZ]^JMN8FN;2K/;H)I?[(KK'("_7N%";SG+'+ MP01!$$0*49K-,1L&01#P(%")+^06GG>J*/1#=Z-WNQ3D5HK6>PXC)R7YX&K30J M79.6 4^9L<+QZ.Y;H^C-JOR@AFT8K0^Y'(N,>TJ_E<)B79>&S0I7SWVU\(UN MVN1M T;*26^X=N:!5=9F?K/2($-/EZ(%1UCTW.4&C/1':J?/M,8RK?"DUZ)8 M/1Y+[]NM5RC'E[D'0P D%KC6,;5H02OM+E4Z]BH5;*5=KTJ5:&9P8X7/$DQY MG*S[:OF4-UZUL 69'U;8K/CU*!9JR.-EA9M:995U4E'!)?@[+,BN\^["5I(; M:1FIR;12N-'[2N%+PV;5@=I]5MJ4Y))5UVKE)?>K=E]DW%?J.Z1ID?MGN96& MJU27K'3)E3Y6>I3:I9J\\2K;K.^LM'-B0?,,MS>M@51M@#7:3Z@-_JSO:O$H MW6/U_WH5)UZ4QJHH:G+%\L,[EK+Z#'D8/&.[4OCRN.1AJ=W72BLK33QCJ9[Q M.7I-*;UR__KQN!((\!>$T?L\X:M5*L\ HG5?3QJ,Y%/+KU9ZU:ZQKIL16CWE MI#,>'9,=BD&(>N+5(U-JUXW(+J^<\*1#K_QKQ:-'7HS(+L]](S*KU<;UA*>W MC^#QIV? YG'+3@/W@Y"YL0M M+VQ K.B_?"@IYR,M'>6?Y[V9@2]Z=/;YHSV M1WID5B&VAM!F,.SR\$"K)P0)0@%# PR))=$)F-*,:/V1A"Z,"O_GE4"20LD MN.&5$POV! HDET2F8W9;FM[#E=3>B$S&I/S3F*B]$9F,6?FGF4""B,)J332U1Q#V0-H;0:0_;$P($#[4X.0>A#[T9U@B (@O ( MMBN!^_;MPV67788! P8 "ZXX *\^.*+J%:M&HJ*BK!LV3($@T&T;MT:W;IU M0T%!@=U)(@A^2 $D".>@]D80CF*[$MBQ8T=T[-@Q]CL4"J%FS9IX[;77T+5K M5P" W^]'ITZ=L&;-&@P>/)@K7-I[13B"@9E DDN",$"TX6B]=EG!&T%D(I[: M$_C55U\A+R\/EUQR"8J+BY&?GQ^[EY^?C^+B8NZPJBHK%3_!8-".Y!,$01!6 M(7^X8CULT--YY8@C #34T0A#96'<2B]D9D ,\7/HAG'YUM M>;B.*('OO_\^WGKK+2Q=NA2A4 @K5JQ OW[]\/KKKV/8L&&HJJK"^O7K45A8 MR!WF6_]7A.JY>9R#3H(!9!,+E^Y+VX;L0]2=>/'"['Q>V5)\6TL%T)7+=N'?KW[X_.G3OC MW'//A2B*Z-2I$^;.G8OUZ]=C\N3)*"DIP9PY>UW\;B$ !<>_O=Z#/P*E6_A5/&XISS+\;Y ZY$^:%2 M7-/K=+SPT5KDUB__5#T?+DMKC[FDO0HT]? M?+IF-5J>W!;-20$D7 )-!!*90);?#_C]2=>K3.I!MBN!G3IU0EE9&?/>C!DS M[(Z>(/@G%ER^1^E?_0;AAZ\_3[K^Q?OOX,#>$I25'L19O<[#J:=W3G*S_8\M M:-3L. ! 7LU\^+,"V/##]SCSG'-QSGD7X:\=VY+\Y->J@X/[]^'HD:(S(-F_ @BY7CVC2$$83D6[%%R>E:B3OT&&'+W1!Q_ M!S2-!]!V(J'-\\)LN]*O85:+\*Z)PW+2"\ER#Z\?I7<:KDX_N0V (!JU?-P\JD=(K.%B7(\?.(, M0!3QGR6/X9N/W\>);4]%H^;'J<:65[,6AHR>B*'WW(F+I''J;3-&Z\[B M"3Y=@1GIBXPV<#WCA%(YLL8*,V. V;Y5;_FII4%O'K7"EU\S,@8HC6UJ8:CU M1UH8[8NT_.C)@S:>G0F,%Z\ ,?;F\>0"$0"(*@4ER.Z)DNNB)"8!ZOU1W#T[ M!F6_\O"EZ1$5W*B%H=YXM,)(3+4\38+L+A3+*/&^/*9X7/H'C!0H@CI(KL-$ MDLM%7NZ)99A4/B(@BG$7[[[V$DXZI0-:M6X' -CQQU;TO?(& ,"!O26HEIN+ M:M5SL>>O71AXXVVHGIN'PV6'\+\W5Z)-^]/CP<;"E_#>JO]@YN*7 M\/G[[Z!6G7H !/A\?H6\)H>A=%\QGY$[X7O*FS)9?J-M4=ZV >7Z4>\G1$D_ MD^PVFH9XFV'W1_&Z9\>CE%YY7R2-4PEV?R1OM\GWD\.7^]!* RL7]A'M>>3I M9:5:J;P2^SIC*3"N"/*&9;TBR!IIU.HW^;=50*!>,%J=3MZBDA-/+2&=B-ZO;H; MGBM6Q&/S=: D@]]__A$^>',E#AWC-;_. W]K[\9&]9]A\_>>QOM3CL#!_?O MQ7WS%L7"WOCC6GSXUBJ(8@C+%CZ,?U]R&1HW;Q&+?^'T\1@^?CI\@H NW?^% MPFGC\.*3CZ)K[SZ6R*QV>>AOWTH^C+71Y'XF6]:5!RRY]'Y33J30-; MA=4.Q^FM?KQEE(E]$2^\[<7._MV*L\O!PU:M0 +RW:;>BB1B"D++FJZ_PU_[]@,\'P><'_%D0L@(0 MD0 ME M5C:$0 ""/P!D987="+[(XY@(A((0@T&(595 907$J@J(E9%/525050DQ% 1" M(134J8,+SJ9]-&-:_-^8\\Q^B0Y=_ @ >GC *V[?^'G-[S?!1Z-S]7]BV M]?>(:9_::",Q[3/[WA&XYK:[T+SEB3;FUD1[ P!0>R,(/1PY7([SVC0& )25 ME2$O3Y]>Y.F90(+@P?!3CF<>CP@W\^.W7Z)'G[[X^?MO$JX?+CN$EQ8MP(EM M3U7TN^*9)U$C/Q_7WGXWRDH/XL8^7?'BQ^L0R,Y&O88%N&?FO"0_KR];BO[7 MW8R6K=MBU-67H'O,M$\;VQ5 P.)FD\G3K5QR_K MOD7'L[KA<-DA+%_X"+*RLQ$*!C'PAEM0K7HN:M6N@](#^W#LR&'D5*N&TOU[ M\>YK+V.F0Z9]+)5_C?9'[8V0PIIU7__UYUCYS%,X]8PNV+SA)YQ\2GM50(*P')KY(QSBQ2?GXU_]!J)^02-5=_M*_D9>C?@[UG-K MY&/?GK\! .?WOP*MVIP"O]^/E<\MPH/C1N+^^4MPV4VWX:5%"_#=9Q_B]HDS ML'#Z1 P;-P4O/K4 1\K+<$:W7NC0F990B?2#->M><>PHKAT^"FTZ=,*QHT=P M7MLFN/C*ZY%;HV:2_SNGS&%NR_CQVR]Q;M\!6/GN1WOO_XJ#N[;BQX7 M]$MP6[=^0Y27Q>TY'BXK1=T�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htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Social Choice Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Social Choice Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain environmental, social and governance (“ESG”) criteria.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 16% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 16.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. The Fund attempts to achieve the return of the U.S. stock market as represented by its benchmark, the Russell 3000®Index, while investing only in companies whose activities are consistent with the Fund’s ESG criteria. See “Additional information about the Fund’s benchmark index” below for more information about the Fund’s benchmark.


The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund’s shareholders. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund’s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.


The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.


Once a universe of ESG-eligible companies is established, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all companies that meet the ESG criteria.


The Corporate Governance and Social Responsibility Committee (the “CGSR Committee”) of the Board of Trustees of the Trust (“Board of Trustees”) reviews the ESG criteria used to screen securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund’s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund’s ESG investment criteria and monitors the ESG vendors selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund’s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.


The Fund is not restricted from investing in any securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may also invest in securities issued by other countries or their agencies or instrumentalities as approved by the CGSR Committee. Consistent with its ESG criteria, the Fund may invest up to 15% of its assets in foreign investments.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· ESG Criteria Risk—The risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Benchmark Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice Equity Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 17.87%, for the quarter ended June 30, 2009. Worst quarter: -23.79%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.87%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.79%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Social Choice Equity Fund | Russell 3000® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.74%
5 Years rr_AverageAnnualReturnYear05 14.67%
10 Years rr_AverageAnnualReturnYear10 7.07%
TIAA-CREF Social Choice Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.04%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.19%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.19%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 19
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 61
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 107
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 243
Annual Return 2007 rr_AnnualReturn2007 4.03%
Annual Return 2008 rr_AnnualReturn2008 (36.14%)
Annual Return 2009 rr_AnnualReturn2009 32.38%
Annual Return 2010 rr_AnnualReturn2010 15.91%
Annual Return 2011 rr_AnnualReturn2011 (0.05%)
Annual Return 2012 rr_AnnualReturn2012 14.05%
Annual Return 2013 rr_AnnualReturn2013 34.32%
Annual Return 2014 rr_AnnualReturn2014 11.25%
Annual Return 2015 rr_AnnualReturn2015 (2.39%)
Annual Return 2016 rr_AnnualReturn2016 13.51%
1 Year rr_AverageAnnualReturnYear01 13.51%
5 Years rr_AverageAnnualReturnYear05 13.56%
10 Years rr_AverageAnnualReturnYear10 6.76%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 1999
TIAA-CREF Social Choice Equity Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.79%
5 Years rr_AverageAnnualReturnYear05 12.59%
10 Years rr_AverageAnnualReturnYear10 6.15%
TIAA-CREF Social Choice Equity Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 9.08%
5 Years rr_AverageAnnualReturnYear05 10.83%
10 Years rr_AverageAnnualReturnYear10 5.41%
TIAA-CREF Social Choice Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.13% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.28%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.28%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 29
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 90
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 157
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 356
1 Year rr_AverageAnnualReturnYear01 13.57%
5 Years rr_AverageAnnualReturnYear05 13.55% [3]
10 Years rr_AverageAnnualReturnYear10 6.76% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Social Choice Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.15%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.04%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.34%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.34%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 35
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 109
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 191
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 431
1 Year rr_AverageAnnualReturnYear01 13.32%
5 Years rr_AverageAnnualReturnYear05 13.40%
10 Years rr_AverageAnnualReturnYear10 6.63% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Social Choice Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.29%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.44%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.44%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 45
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 141
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 246
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 555
1 Year rr_AverageAnnualReturnYear01 13.24%
5 Years rr_AverageAnnualReturnYear05 13.27%
10 Years rr_AverageAnnualReturnYear10 6.49%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Social Choice Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.15%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.06%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.46%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.46%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 47
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 148
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 258
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 579
1 Year rr_AverageAnnualReturnYear01 13.26%
5 Years rr_AverageAnnualReturnYear05 13.24%
10 Years rr_AverageAnnualReturnYear10 6.55%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.22% of average daily net assets for Institutional Class shares; (ii) 0.37% of average daily net assets for Advisor Class shares; (iii) 0.37% of average daily net assets for Premier Class shares; (iv) 0.47% of average daily net assets for Retirement Class shares; and (v) 0.61% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

GRAPHIC 64 BarChart17.png IDEA: XBRL DOCUMENT begin 644 BarChart17.png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htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Social Choice Low Carbon Equity Fund
TIAA-CREF Social Choice Low Carbon Equity Fund
Investment objective

The Fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain environmental, social, and governance criteria (“ESG”), which include additional criteria relating to carbon emissions and fossil fuel reserves.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Social Choice Low Carbon Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Social Choice Low Carbon Equity Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.25% 0.25% 0.25% 0.25% 0.25%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.40% 0.49% [1] 0.42% 0.66% 0.47%
Total annual Fund operating expenses 0.65% 0.74% 0.82% 0.91% 0.97%
Waivers and expense reimbursements [2] (0.33%) (0.33%) (0.35%) (0.34%) (0.32%)
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.32% 0.41% 0.47% 0.57% 0.65%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.32% of average daily net assets for Institutional Class shares; (ii) 0.47% of average daily net assets for Advisor Class shares; (iii) 0.47% of average daily net assets for Premier Class shares; (iv) 0.57% of average daily net assets for Retirement Class shares; and (v) 0.71% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Social Choice Low Carbon Equity Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 33 $ 42 $ 48 $ 58 $ 66
3 years 175 203 227 256 277
5 years 330 379 421 471 505
10 years $ 779 $ 887 $ 981 $ 1,088 $ 1,161
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 83% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. The Fund attempts to achieve investment results that reflect the return of the U.S. stock market as represented by its benchmark index, the Russell 3000®Index while investing in companies whose activities are consistent with the Fund’s ESG criteria, which include additional criteria relating to carbon emissions and fossil fuel reserves. See “Additional information about the Fund’s benchmark index” below for more information about the Fund’s benchmark.


The Fund’s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.


The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.


In addition to the overall ESG performance evaluation, the Fund favors companies that (1) demonstrate leadership in managing and mitigating their current carbon emissions and (2) have limited exposure to oil, gas, and coal (i.e., fossil fuel) reserves. The determination of leadership criteria takes into consideration company carbon emissions both in absolute terms (e.g., tons of carbon emitted directly into the atmosphere) and in relative terms (e.g., tons of carbon emitted per unit of economic output such as sales). Reserves are fossil fuel deposits that have not yet been extracted.


Once a universe of ESG-eligible companies is established, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. Under these quantitative investment techniques, the Fund uses a risk model to evaluate the universe of stocks in which the Fund may invest and to inform the construction of a broadly diversified group of stocks. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all of the companies that meet the ESG criteria.


The Corporate Governance and Social Responsibility Committee (the “CGSR Committee”) of the Board of Trustees of the Trust (“Board of Trustees”) reviews the ESG criteria used to determine eligibility of the securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund’s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund’s ESG investment criteria and monitors the ESG vendor(s) selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund’s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.


The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund’s shareholders. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is not restricted from investing in any securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may also invest in securities issued by other countries or their agencies or instrumentalities as approved by the CGSR Committee. Consistent with its ESG criteria, the Fund may invest up to 15% of its assets in foreign investments.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· ESG Criteria Risk—The risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.


· Low-Carbon Risk—The risk that because the Fund’s investment will have special emphasis on companies with low current carbon emissions and limited exposure to fossil fuel reserves, the Fund’s portfolio might exclude certain issuers for nonfinancial reasons and the Fund may forgo some market opportunities that otherwise would be available.


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Benchmark Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice Low Carbon Equity Fund
Bar Chart

Best quarter: 4.54%, for the quarter ended September 30, 2016. Worst quarter: 1.33%, for the quarter ended March 31, 2016.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Social Choice Low Carbon Equity Fund
1 Year
Since Inception
Inception Date
Institutional Class 12.85% 7.65% Aug. 07, 2015
Advisor Class 12.93% 7.70% [1] Dec. 04, 2015
Premier Class 12.77% 7.56% Aug. 07, 2015
Retirement Class 12.69% 7.41% Aug. 07, 2015
Retail Class 12.64% 7.33% Aug. 07, 2015
After Taxes on Distributions | Institutional Class 12.01% 6.97%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 7.84% 5.78%  
Russell 3000® Index (reflects no deductions for fees, expenses or taxes) 12.74% 7.56% [2]  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
[2] Performance is calculated from the inception date of the Institutional Class.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
XML 66 R135.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Social Choice Low Carbon Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Social Choice Low Carbon Equity Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return that reflects the investment performance of the overall U.S. stock market while giving special consideration to certain environmental, social, and governance criteria (“ESG”), which include additional criteria relating to carbon emissions and fossil fuel reserves.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 83% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 83.00%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities. The Fund attempts to achieve investment results that reflect the return of the U.S. stock market as represented by its benchmark index, the Russell 3000®Index while investing in companies whose activities are consistent with the Fund’s ESG criteria, which include additional criteria relating to carbon emissions and fossil fuel reserves. See “Additional information about the Fund’s benchmark index” below for more information about the Fund’s benchmark.


The Fund’s investments are subject to certain ESG criteria. The ESG criteria are implemented based on data provided by independent research vendor(s). All companies must meet or exceed minimum ESG performance standards to be eligible for inclusion in the Fund. The evaluation process favors companies with leadership in ESG performance relative to their peers. Typically, environmental assessment categories include climate change, natural resource use, waste management and environmental opportunities. Social evaluation categories include human capital, product safety and social opportunities. Governance assessment categories include corporate governance, business ethics and government and public policy. How well companies adhere to international norms and principles and involvement in major ESG controversies (examples of which may relate to the environment, customers, human rights and community, labor rights and supply chain, and governance) are other considerations.


The ESG evaluation process is conducted on an industry-specific basis and involves the identification of key performance indicators, which are given more or less relative weight compared to the broader range of potential assessment categories. Concerns in one area do not automatically eliminate an issuer from being an eligible Fund investment. When ESG concerns exist, the evaluation process gives careful consideration to how companies address the risks and opportunities they face in the context of their sector or industry and relative to their peers. The Fund will not generally invest in companies significantly involved in certain business activities, including but not limited to the production of alcohol, tobacco, military weapons, firearms, nuclear power and gambling products and services.


In addition to the overall ESG performance evaluation, the Fund favors companies that (1) demonstrate leadership in managing and mitigating their current carbon emissions and (2) have limited exposure to oil, gas, and coal (i.e., fossil fuel) reserves. The determination of leadership criteria takes into consideration company carbon emissions both in absolute terms (e.g., tons of carbon emitted directly into the atmosphere) and in relative terms (e.g., tons of carbon emitted per unit of economic output such as sales). Reserves are fossil fuel deposits that have not yet been extracted.


Once a universe of ESG-eligible companies is established, the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), then uses quantitative investment techniques to attempt to closely match, to the extent practicable, the overall risk characteristics of the benchmark index. Under these quantitative investment techniques, the Fund uses a risk model to evaluate the universe of stocks in which the Fund may invest and to inform the construction of a broadly diversified group of stocks. The Fund holdings will generally consist of a subset of the eligible investment universe. The Fund is not required to invest in all of the companies that meet the ESG criteria.


The Corporate Governance and Social Responsibility Committee (the “CGSR Committee”) of the Board of Trustees of the Trust (“Board of Trustees”) reviews the ESG criteria used to determine eligibility of the securities held by the Fund and approves the vendor of that service. Advisors seeks to ensure that the Fund’s investments are consistent with its ESG criteria, but Advisors cannot guarantee that this will always be the case for every Fund investment. Consistent with its responsibilities, the CGSR Committee evaluates options for implementing the Fund’s ESG investment criteria and monitors the ESG vendor(s) selected to supply the ESG-eligible universe. Advisors has the right to change the ESG vendor(s) at any time and to add to the number of vendors providing the universe of eligible companies. Investing on the basis of ESG criteria is qualitative and subjective by nature, and there can be no assurance that the process utilized by the Fund’s vendor(s) or any judgment exercised by the CGSR Committee or Advisors will reflect the beliefs or values of any particular investor.


The ESG criteria the Fund takes into consideration are non-fundamental investment policies. Such criteria and the universe of investments that the Fund utilizes may be changed without the approval of the Fund’s shareholders. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is not restricted from investing in any securities issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may also invest in securities issued by other countries or their agencies or instrumentalities as approved by the CGSR Committee. Consistent with its ESG criteria, the Fund may invest up to 15% of its assets in foreign investments.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· ESG Criteria Risk—The risk that because the Fund’s ESG criteria exclude securities of certain issuers for nonfinancial reasons, the Fund may forgo some market opportunities available to funds that do not use these criteria.


· Low-Carbon Risk—The risk that because the Fund’s investment will have special emphasis on companies with low current carbon emissions and limited exposure to fossil fuel reserves, the Fund’s portfolio might exclude certain issuers for nonfinancial reasons and the Fund may forgo some market opportunities that otherwise would be available.


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Foreign Investment Risk—Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, currency, market or economic developments and can result in greater price volatility and perform differently from financial instruments of U.S. issuers. This risk may be heightened in emerging or developing markets. Foreign investments may also be less liquid and more difficult to value than investments in U.S. issuers.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Active Management Risk—The risk that Advisors’ strategy, investment selection or trading execution may cause the Fund to underperform relative to the benchmark index or mutual funds with similar investment objectives.


· Benchmark Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Quantitative Analysis Risk—The risk that stocks selected using quantitative modeling and analysis could perform differently from the market as a whole.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year since inception of the Institutional Class. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Social Choice Low Carbon Equity Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 4.54%, for the quarter ended September 30, 2016. Worst quarter: 1.33%, for the quarter ended March 31, 2016.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 4.54%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2016
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn 1.33%
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Social Choice Low Carbon Equity Fund | Russell 3000® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.74%
Since Inception rr_AverageAnnualReturnSinceInception 7.56% [1]
TIAA-CREF Social Choice Low Carbon Equity Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.40%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.65%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.32%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 33
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 175
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 330
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 779
Annual Return 2016 rr_AnnualReturn2016 12.85%
1 Year rr_AverageAnnualReturnYear01 12.85%
Since Inception rr_AverageAnnualReturnSinceInception 7.65%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
TIAA-CREF Social Choice Low Carbon Equity Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.01%
Since Inception rr_AverageAnnualReturnSinceInception 6.97%
TIAA-CREF Social Choice Low Carbon Equity Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.84%
Since Inception rr_AverageAnnualReturnSinceInception 5.78%
TIAA-CREF Social Choice Low Carbon Equity Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.49% [3]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.74%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.41%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 42
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 203
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 379
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 887
1 Year rr_AverageAnnualReturnYear01 12.93%
Since Inception rr_AverageAnnualReturnSinceInception 7.70% [4]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Social Choice Low Carbon Equity Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.25%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.42%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.82%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.35%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.47%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 48
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 227
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 421
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 981
1 Year rr_AverageAnnualReturnYear01 12.77%
Since Inception rr_AverageAnnualReturnSinceInception 7.56%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
TIAA-CREF Social Choice Low Carbon Equity Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.66%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.91%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.34%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.57%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 58
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 256
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 471
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,088
1 Year rr_AverageAnnualReturnYear01 12.69%
Since Inception rr_AverageAnnualReturnSinceInception 7.41%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
TIAA-CREF Social Choice Low Carbon Equity Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.25%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.47%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.97%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.32%) [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 66
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 277
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 505
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,161
1 Year rr_AverageAnnualReturnYear01 12.64%
Since Inception rr_AverageAnnualReturnSinceInception 7.33%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 07, 2015
[1] Performance is calculated from the inception date of the Institutional Class.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.32% of average daily net assets for Institutional Class shares; (ii) 0.47% of average daily net assets for Advisor Class shares; (iii) 0.47% of average daily net assets for Premier Class shares; (iv) 0.57% of average daily net assets for Retirement Class shares; and (v) 0.71% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[3] Estimate is for the current fiscal year.
[4] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 67 BarChart18.png IDEA: XBRL DOCUMENT begin 644 BarChart18.png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
XML 69 R142.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Equity Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Equity Index Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities selected to track the overall U.S. equity markets based on a market index.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 9% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 9.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of its benchmark index (the Russell 3000® Index). The Russell 3000® Index measures the performance of the largest 3,000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (“Advisors”), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund’s ability to match the returns of the Russell 3000® Index is negatively affected by the costs of buying and selling securities as well as the Fund’s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund’s benchmark index.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Index Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Equity Index Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 16.89%, for the quarter ended June 30, 2009. Worst quarter: -22.73%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.89%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.73%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Equity Index Fund | Russell 3000® Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.74%
5 Years rr_AverageAnnualReturnYear05 14.67%
10 Years rr_AverageAnnualReturnYear10 7.07%
TIAA-CREF Equity Index Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.04%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.05%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.05%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 5
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 16
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 28
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 64
Annual Return 2007 rr_AnnualReturn2007 5.16%
Annual Return 2008 rr_AnnualReturn2008 (37.23%)
Annual Return 2009 rr_AnnualReturn2009 28.34%
Annual Return 2010 rr_AnnualReturn2010 16.88%
Annual Return 2011 rr_AnnualReturn2011 0.99%
Annual Return 2012 rr_AnnualReturn2012 16.33%
Annual Return 2013 rr_AnnualReturn2013 33.47%
Annual Return 2014 rr_AnnualReturn2014 12.52%
Annual Return 2015 rr_AnnualReturn2015 0.46%
Annual Return 2016 rr_AnnualReturn2016 12.76%
1 Year rr_AverageAnnualReturnYear01 12.76%
5 Years rr_AverageAnnualReturnYear05 14.63%
10 Years rr_AverageAnnualReturnYear10 7.06%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 01, 1999
TIAA-CREF Equity Index Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.07%
5 Years rr_AverageAnnualReturnYear05 13.95%
10 Years rr_AverageAnnualReturnYear10 6.58%
TIAA-CREF Equity Index Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.70%
5 Years rr_AverageAnnualReturnYear05 11.69%
10 Years rr_AverageAnnualReturnYear10 5.65%
TIAA-CREF Equity Index Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.04%
Other expenses rr_OtherExpensesOverAssets 0.10% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.14%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.14%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 14
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 45
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 79
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 179
1 Year rr_AverageAnnualReturnYear01 12.75%
5 Years rr_AverageAnnualReturnYear05 14.62% [3]
10 Years rr_AverageAnnualReturnYear10 7.06% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Equity Index Fund | Premier Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.04%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.15%
Other expenses rr_OtherExpensesOverAssets 0.01%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.20%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.20%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 20
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 64
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 113
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 255
1 Year rr_AverageAnnualReturnYear01 12.57%
5 Years rr_AverageAnnualReturnYear05 14.44%
10 Years rr_AverageAnnualReturnYear10 6.95% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2009
TIAA-CREF Equity Index Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther none
Management fees rr_ManagementFeesOverAssets 0.04%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.30%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.30%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 31
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 97
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 169
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 381
1 Year rr_AverageAnnualReturnYear01 12.45%
5 Years rr_AverageAnnualReturnYear05 14.34%
10 Years rr_AverageAnnualReturnYear10 6.79%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
TIAA-CREF Equity Index Fund | Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Account maintenance fee (annual fee on accounts under $2,000) rr_ShareholderFeeOther $ 15.00
Management fees rr_ManagementFeesOverAssets 0.04%
Distribution (Rule 12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.05%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.34%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.34%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 35
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 109
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 191
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 431
1 Year rr_AverageAnnualReturnYear01 12.42%
5 Years rr_AverageAnnualReturnYear05 14.29%
10 Years rr_AverageAnnualReturnYear10 6.81%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2006
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.09% of average daily net assets for Institutional Class shares; (ii) 0.24% of average daily net assets for Advisor Class shares; (iii) 0.24% of average daily net assets for Premier Class shares; (iv) 0.34% of average daily net assets for Retirement Class shares; and (v) 0.48% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 70 BarChart19.png IDEA: XBRL DOCUMENT begin 644 BarChart19.png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

4=,+72GM.HU2VE=ZRVQROQ<\I> M"A[:'2SU8^&LA_"O3B?C/WTN8MH=.FX*7EKX.)8^/0_Y^970LFU[-&S<%)%0 M"+==U@=/O+H"C9HUQ\;UZW#K9>?CW1__0K7JA;BIXI[NC^+W=!?'[NF^\:ZQ M&#J@+^89O*?;BVTVCQ]ZRB9TV'5;?66%2=KFF VO9Y5 0?97;FX%\74A/Z_Y M.F&V=T\)PN$P6OVK@ZK;7]9^A^^_6H51#\X" )S3KS\J5RE /.O>>.%9%-:L MA5W;MB1"_MI_%Z)_Q;J0817K0CY]5W[G9[*[$63#5(+LO3[XW&FGKU'_]?BA M4QZO0(M& JT)O[K'NOVP:-1%2&EZ>,*G9"]F[K8&-XY:NR+(3(1$?=26$^?3 MM3^@Y, !P"= $&)K.9/K.?, ?QZ$O $7X6YSP<(/AR-1%')+P#1*,1H!&(X M'%NW&0E!#(42OQ$.0Q2C0#2*NC5JH$>G$Q7"939_XO;,UWLC:-=M,^%*S5=1 M%#'O@?$XZ?0SN@@/GAS&=IV[(RRTD/8OWV1D?R(USA19BI7@]ARA;0GI87>[FR/U-H5>5MD!,\J M@\L6X*JU:KCQ06/X>#^ M_6A_TBEH>EPK , O:]=@[YX2=#OG?/R^[L>$C,):M7%@_UX<.7(8E2I7QH'] M>['BM:5X:,$2F?3T+DGYO1ZL2D^W527.\%@Q$@A86"XYNF!>ORR(6W(WEM(G MF![/];AW._KC<>C(81PH+65LZ(E B$2!@ @A*D(( (BB8D-/+,..1J.ZCBTJ MJ%1)HTR:S1]9>7 T6WGZ ?T!^F;E)_CPS64XL&\OGJLXVW'1O(?Q\?+7\=O/ M/^"%)^9@S^Y=>&#^?U&W04,\_N $M.G0"?T'W8A?UGZ'S]]["^TZG8P#>__! MA#E/ X* @FK5<<^#LS!CW @T;]D:?_WQ&R;,?@I^R<:2.9/'XK9[[X?@\Z%+ MCYZ8-7$4GI\_"]UZGN?\6I,T,MT_:/5U.=H>F0RV=Y5 E[-KVQ8NA7L-&>'WQ HQ[9#[6QA7,"JX8? M>>&(.OEGY"8;>.P5S M)H_%K6,GX84G9N-P:2G^?48/=#SE] S%R+N(9D8H,C/ X0QZ1SF]VDBZ$"?3 MTE3Y-X"IN+FDKIURQEDXY8RS4LR&C9^*8>/95^Z->^3QQ._>_0>@=_\!3'M] M!UR+O@.N5?1WXMP%B=^5*E?&J(=FZPDV0>C<I@8E#" 7^D?Y7>RZE6O09: M_JL9! !Y@0#:=NR$M5^M0K7JA:A3MP@OS)^%[9O_0O'V;7C^\4?1Y_*!J'U, M7=P\,G5=R)Y=NW#T\&'<.&(LAEYQ06+](,&/DQVN4^4R"6>OR9H!B>KWB]1 M%Z!341(<5]^=_.BB,DGD-CF[)M I]%RHLN^?$E0IJ(K*50IP2O>S\/7G'R?> M[=JV%6?WN0A=_],[8?;]ZE78^M>?N.;6.U/D[-U3@A6O+<7TA4NQ\OVWW7?G MI^%7K/ER)=Y9EERO]_C4"7CKY1< .==>A7JUF^ IV9, MP;P'QN/$4TY/40!_7O,UWGWU1>S:OA6+'W\TQ=_9D\9@Z+C[(0@"NIS9$W^N M7X?%CS\:6Q=".(ONSRRGQR5,^$=#*!G$P;61@&WCPLS?Q>R;J0@-^/X0KK1P"@PTE=T.&D+LQWDR7K M0BI7KHS1M"[$) 9+"FO*5%.4T]-3SHYR4I]L%4Z.!+ITB0++F>X;0VBE*I'; MY.YT,&NQG@ONG+0%^:% 6@>267E8HE6H';3FB.<&GB0OATKET>LHU;&X&2L-E*;;D$ !%_B&!]([NT6*N[M/A2*H%J>'ZGW.\!%%$8A6/"?N\!91 M.3\?]>O4UADYGBK,,^52YZ@+U3GK\-#*40,X?22-DWX9''DW,(7OJ;:$R!AFRPAM#"&R M'J?/2?,,N@_"IG3,.-FN%61+$6,M#3!PM ]!V TI@4368ZHQS99V6&F# 9$1 MN!5JW1LE/([+RZ23'T+TT44X 4T'Z^#3'W[$G@/!BO4@/L 7 /S^V)J00!X0 MR(,0"$#P!P"?OV(]B(##X2BJ^(7$79YB) R$*N[[#,?^(1(&(F&(T8K[/FO6 MP)D=U>\G)BS&HG/+7-F/610H5\8MF\GF?+-DRM2E<6/A^EW=A!?)W=W!6AAL M4-0X4%J*/<&@RJ+@2&Q1L#\*! (0?-'$HN"RB+Y%P7D!O[6!SV&XOZB5%O=G MZP>Y&^/EAO2V.@Q6RC,JR\%TY1YY5]I-30"@Z>",DXUM$0-'E,#MV[=CPH0) M^/+++_'KK[\"B-W$,7[\>.3GYZ.DI 0]>O1 __[]^87R# 5FJ@Y9>5P"81J! M]^)U*XY_X;5C$=QQ8SJ&_@;&B;BYH=Q;'0:C\EC3P48[!:?2U>GR[X;RPH.1 M-;A>B5NVXH;TMUG/<40)7+ER)2ZYY!)\^>67";-77WT5FS=OQN+%BQ&)1-"Z M=6MTZ]8-145%7#)C.J#T4"#6W((4UH%(^N!.:PLT=[[I;M:A06J>\[Y72D_6 M 7=0,--"'G:])WO92:M>N=%(JG%;W3U(_V>SA\M?Q_=??8&:M>L@$@GCEGO& P#6K%Z%1^X;A<*:-0$ K?[5 7=-? B MB$?N&X6BAHU0O','1DQZ" #PU6N0("K]Y96OYJ5<.*SPF$M\*74.4A\$-Z02^]8["H297+:WU_F9@YL/$T&81,WE@4_I;M 8WAA7MNY(["^)OY%N(V0>P\L1( M/V'$K98[GK[#JOY)VWY!U>H8\]!LG'KFV0" =U]["4<.EZ6X*=FU$X\]- FO M?_$C &#,D$'X]-VWT..\O@" N^^?CLZG=DN1^_LOZQ (Y&'@D.&8-6DL_OCU M%S1HTA2O//^_MA!+X M]BLOXM]%E:-&J+:H5%N+ _GT @ /[]Z%Z80W,?6 \;KGG7OA\ M]AVX$HE$8AM'92CI0;QD3 DL*BI",!A,/ >#0>ZI8 XJVUCQ7+Z M 3AT,#D@<_>DZ6C9[H04.]NW_(W77W@.M>H<@W7??XONO?K@O$LN!P"\^]K+ M>.+A*;AM] 3TZI?@J&%C[-ZY'2,F30,07S?W'08/O\?^B$EX9=%3 M&/_P8VGF=>K6P^^__)1X/G0PB-K'U , U*IS3,+\F'I%.*:H/G[]\7MT/;L7 M^@VX!@!P,'@ XX?>@$>>78I;!_3%DZ^\@Z<>F8KOOUJ5-HULEAON'(WK&>EV MI*P4/50&Q;1P1 G\\,,/L73I4NS=NQ=3IT[%+;?<@O[]^^.''W[ A D3L&?/ M'DR;-DW72& @/P]Y^7DVAMH$5G66U.EZ#_FZ93>CMU/R4MR().:7#;D;)^/& MZY=5ZQT=B%OK]AUQTUUC%-^+HHC[AMV(QY;^#Y6K5,'ALC+LW;,;$("__O@- M#9HT0?U&C5/*V>^__(Q 7AZNN648'ITT%G^L7X<&39KBY>>>PL//+'$TS_Y8 MOP[U&C1$C=JU <2F5?<4[T)1PT8X[:R>>';>(Q A0A $K/WZ"_2Z\%) )Z; M-Q,77WT=:M2JC5!Y.7;OW(XFS5NDA'W6Y'&X;>P$^ /^V!(T :A9IPX.!@]8 M'D=_P \_TI>YA/7NB9\^>:>93IDPQ+--S[9K>!H!.!W >BQIN M1_LDHYV2P5$)*I,N(%O:$HO6!#H:-P>G\9TZ_:9X^S8\-_<1"(* *E6KXM)K M;TA94__+#VL0#H6P_*7%*#]R%*%0.0;>?#L$ "U:MHY9$L64/KEZ82&"^_=! M !",KYN;,AZWCKH7?H=GZEY\^G$,'CXR$;:U7ZW"8P]-QG/+/T*]^@TP=,P$ M3!M[%VK6JHUF+8['V17K 1LU;8:9$T:C1:LVV+QI(X:,O!?-6AR?D/O9^^^@ M?J-&:-4V-FK:_9SSL&C>3&S?\CDU@]'NQ,X @$>7(2&39IAP:SIF#5Y'$9.F:$HLV&39CCQE-.P)YYX77(R>%UR< MYJY7O_XIT]MRSNQU/L[L=7[B^K4\_:8W'A@&LP>/A(G-F[#UY>]#2N'SX23SXR%;?<,QZE MAX)8LWJ5M1$A#.%9)5#(Q#\'UX.(8H;BF(7_3&%PRM03<3- IO,R:_XYG'F> M*),&'7LBWUCN-&0YT0<<+CV$IV<^E'C>^M=&-&MQ/,1H%+MW;(< H'WGDQ$) MAU%VZ" $ #NW;46S%L>GY;F2'[,FC"!S)?#[/D MGQEH.M@.E"J\RZH/YE@+.CH)D.Z;2,EOS(5OCI80+XAL(Y&'CAE\P M?\84^/Q^;-[X!^Z:^"#6K%Z)>0]-QJ+E'Z%Z80U,FO4D'IXP&HV;-GP6=FW?AH_?78Z\_$HXJ_<%"?F?O?\.BAHU0DO)NKEG)>OF MB,SC;270@HY-#]QUEK4(/_V,1W6L4/$) #KRS0KEW>E\<] O@97R<<.=]^"&.]E'OIQY[ODX\]SDNKFK;O3FNKELQK-*8";Z(V[_Y!9- M3"D2YC&5C@9V*KJQOV5"NX/=CP4?)IXJDP;\\DS<7)YOVYX\-W8MB[,8.,0I$*V[OB#^+T=@Y MR")04"D?S8KJ.18WF@Y.0/.M?% Z*6+132]$-F&T %#!T22;-9QLCILMV%M? MUOR^$=O_V5NA]/D!?P!"( ]"7CZ$O'P@D \A+P]"("_VSN>/*89 +%S1",1( M!&(X!(3*(8;+(88J_H5#0#@$,1H!HE$TJE/;1B70^G3RL!(H0( @.[]6N>;% M[8D,FTI)FOEZ+"3"S J+-"ZL>+$0*Z3RVM>"E:[2\+)^2]-;+7XL/Y3LR=\9 MJB869;C $*253G([1M+)0$ -76JO--"M%$:C\5"JJZRRI>2?U%^Y'?ZP"&G^ MQF6JU\',MR!Q6&4RCE)Y4[*CU18Y33QN6O6&-P\MB0-/O>+R2% L_RPO];:G MTJ"HM=5VI%.Z?^H2>?L[?75;P1.32,LD^WVJEUIMFMQU:OZ8RPD/*X$Q>*,O MR/X:D6$* QVN6ICEYE:D@Q%8\K1^R_W6"@M/F/7*=!JM=&+9L3U.%DT':Y5# MO?'8L74+9C\P'FW;GX@#^_>A].!!C)[Z"'P^7XK;:_N>ISVQ"'7J MUL.1LC),&G$KCCV^=>QNT,)"#!L["0 P??S(Q%56(R=/AP!@]6NL/;MO.T+WK2S"AZ MY?':-]7'65R)K8P7RXT5P?6N$BB /P7,?K98]=FC%[=I,@0?7LDW Q\F3L3M MP(&].*??)>C9YT( P*U77H1W7G\)%UQZ98J]KO_IA2$CQJ35S_^]_#RB41%# M[HY=A?6?]BUPWB67(QJ-()"7AT&W#LC<:F7&O)B?3*'TQN+!,6D(VQXU(Q4E]PV09\:P2J$<'-%V1K/KLH47![H:U MJSM;-D]8-LUA/^W:GXAV[4],/(O1**I5K9[F]Q^_KL-SCSV*T-%R-&S:-*$D MUBVJCWW_E$ 4'KH(*K7J(GZ#1OAX($#".ZKN,IJWSX4UJB)6?>/QVVCQCM[ ME945[9&+VQ*G_7)EW*S8^:S'/PM8]]=F'"@K2VZ<\,4W3@0 OQ_P^2'X_;&- M%#X?8ILG! 3+PRC,]R=CLV6$<\J@9G R0I)2\HS@#R#7=YHZ_+/E9JI-C]^^S6J%%3% M6>==D/;N^J%WX81.)P$ [K[Q&I0?+<'K6#)S<]0QL_.U7U*O? ,$#^_'8M/M16*,FKAERNR/Q M,I4=U#@D<&U2*,VUJBV\S# ;MFYS;/-$XSJU'54"N[^AT-F=SL5JW=@U>??Y93']R$?-]7 $$@%.ZG8G5GWZ$2ZX>A)F3 MQZ%N_088.OH^B**(JWIWQ[''MT2OOA?CHBNO!0 <#![ F%L'8_:BEW#391=@ MX6OO8O[#4_'=ZE4X^;1NCL3/, 9'J)V".V@6C;P[B>'@B0S'+H\K48&!D7QOV;01S8Z+7655O'T[ZA;5AP# )PBH M39$_<^)8#!\[,?TJJP/.7&5E*A-T$E]BY+HR*;=L4"ER9=PLPI5QLT!Y=;I, M.IUW7HH;C00Z@0>F%0D%!*3F7PY_O3L5]5]_6HL[KKL2[3N=A,&7G \1(MJV M[XB:M6ICSH.3\/S;'Z-:]>I8^='[V+UK%XX>/8*#!PY@Z*C[ "WC;H71_^MX[*&K4&*W:Q:ZRZM'K?"R<^PBV;]F,_E=? MYU L.6&-'F5S&T9 W-IU[(1O_M[-?/?\&1\# .K6;X"9S[S M-.\92L\ M^NP21?D]>I^/'KV35UE=?9/S5UF96J-D1)GP2IG,EKBQPI0MN[I9Z(R;"+@S M;CQALNP,2(LPZ9=GE<",#/$Z[*$;ZX@G<5![%P1/U7_=?E&9M(9LSC?#[21+ M =20Y=JX\8P$NBUN#OOERGQC.D96[\;W[)K C.#D4*#7QI2SE6S)!XN.K" ( M38R6*R^44=[P\(P$:LERZQ>7VT;">.#--R_&S20T$N@4M"XPV1WK9('QY6 I42 M16DEM5%Y%F&HPY4Z-FM?;F9'?(W(M#(<)F59M0A?EP=6VL\49A:!*;.U9 \. M'RVO&/87 "%V0X'@\R%QHX'@JWBNZ# % 0?+PZB>YP<@QFXQ$,78+09B[#8# M,?Z[XO8"B$"52OEH4O<8SK#IB:]"H7)<>5<29(,;D3-P/#N?'6LSC;JQ$5&W M-JP#ACRG%[W;UD^9K%NV8*;-T&J+S 7:LTJ@8+(=->8GIX<6K2MPO$X2IA$$ MP=E\X^UP+<+)N'VU_C=LW?./_AL,!,321><-!DU[.'A(M)E\,S)EZL:VQ**/ M+E?&S2)2(HJ-QX^Z[+?//.W[1QA [X,D4MRUX)BQ!=%@I(Y![9^FY M'%,=KFX%T*4:H,&#YCV!VNR[U_'"YB2+(270*;*E<PUNA=KH"A"I M=<='"MPX964-ICZ$=,;-,Q]=EBXKL0=+9[IB M*&9[V7,,[L;-HJ6C3N:;866"51Y=%C=3Z#V\UJWUS:(.UY5QLP!!$-Q9WY3V M.^@=#-!GW11.*]2NS#S?F5<"?S\\\_Q_///HWGSYMBY&#DQ2D\-:M@0'GW! 8_NER)5\/-0S9/ M=2N0T>G@PXRJ[R=X=M,Z6$:?+I(F&6W>6.[U;T81C [MG71DW"\+D^&Y\WL2W8.>STW$S M-=6=+66213;'#1E6 HN+BU%86)AX+BPL1'%Q,9?;PV6E=@5+D?(CAQ$Z>B3U MR(IP!$(D]@^!"(1(&((_E'ID!0! 3EP9<7@*]2'H3\V#]?( ASP?![X<@"! % -'8 MM5QB.(I(. *4ER-R- RQO!S1\C#$\A"BX0@0CD",1A%IU!IEEX[+=)0)@B ( MPA-$(A%$H]$T\R-EI>C>H:5AN1D_BZ5[]^[HWKV[;G>%-6NAH"I;"23T4Z52 M/@+Y?L#GAR_@ P(!^/("$/+SX:\4B"F ^8'8-5UY_H02" $0$TI@!)&0#Z(0 M6TL;%42($!$! !\0]0E -()PI4H0JE7+<(P)@B (PMN4Y>>;4 MWP1!$ 1!N(>,3P<;Q0/G4WJ*^&B=K^(O$+N.213CHWE)._%W,7?Q8Z+2F3GA$:MQ/_)Q.DZ =! M$ 1!$)F!E$!"$0$B!$&^GB]&4OF+/Z?;D#,W!M M7+83G^KU24?[Q-@SB_3;@Z0CATG%,"JQ&3>CO",(@B (50*MV%P@G]+,:62?$])10:E9_#FF M^*5.![/^ JDC@TDS0DX\3>6_"?-(/SW(?XGZ;ET8TC\ M;#^UH"=O!E$^,U!ZJ(P@%\1Z9L5/[;U2>5":#^+):RT[+#]8[UERE M6&&1/BN9::U4OB5S-7"H!8>'O<\89'+EMJ5RV39 MT2J?<N=AHRT\"C4*D'ZK $S780*B2R%+W5D+Z[D^1+O8Z:B MQ+Y4&4S;+"((C'15"Y]0D=YJX5?XFW@0-?Q1\$.S/*CXP1-.+MEZD)0?S73E M\8=1WA)ED)&F"6>LJ;0;Z6V1U$P#KG*JUF,;\$-NSMV/R-H)EAM6GJF6:88=)3^X MRAA/>\;EF]36*_:_<#:,M8L7!2%LD?:>W M']&)=Y5 "+ D!31\4&YV4G,A:==L[Z,E(]T>G]\:B*DWAB3K2DQR^GI!M<$- M(>6W] !I$0)B4\]ZPVHVKWG<.^&']BIRU*M:^W/=*K4:?:20VGU?5!<$G^4ENDY;-]92 NWT@Y-?]EEMX>N:$M M,I?&GE4"[5/*UU+1U!$ 1!$,[@V9% &@BTCY2- M'F+J** \S>4J'>O:N#BI&T8(@B (@C #;0PA+()]W9MTHP?K&CCY=GWIB)_2 MU#!!$ 1!$)F'E$"B@E3%33YU*[\3..4L09D[J9N*'^EF!$$0!$%D%)H.SA4T M3ZY,/2S:Q["#',A/?Q8KGS4IB]%%8I7@UWIJ#=P:GZH"#[!RBGD9Y+9O3J+"R_ M>?Q3N]B&%3>6#"TSELS8[^01T*SU?_+IX*3[=#,Z5W MO'X;M:-DGQ[*,5;RX_T=8&"Y#?;?NH( MH)AV%[I\:TD<^?$R M,\W4\E,ZE[>1E(548%9MZIHYR74A.Y+>T;8%.?V ?Q M)-_)?9"6H?0R*R"U;$K]D/N?7HY8\9/;2"W/0EI:L]S+\R%=CG(XDG&-R^=K M?%/#Q:K;>AIT97]8\EAE44];%']*;2?2?9?F@]1?0"G/D293FKYZVR)Y.*7Q M8(6#E4[RL@296U;^R6.F?/NT/C>L^/'(32]STCZ!7193_=+?'K'#RDI[;5E2 M$ZUTEI>QU#@)S/*;WAZQVD+U_C<]-*RV1[U=20U':EL$!7=*_:]Z?4GW3Y29 MJ.L 9MLF*9Y5 F-1YTMB]K.>I!-D?[7D*ZLE?/+UAE,K7%KO>-(R_=!HH:+ M1V7NTP^'3I>C+XW,%G-6>NK).Z-^&7FOQ[Y:&O*6634_])9CGC#H21_>^F2V M7K/LNCWO+,6Q:MZ$O,Z"KFRHGM2N#77W^-4:-&H5V[=GC\\<<3Y@<. M',#(D2/1HD4+_/'''Q@Q8@3:M6O'+9=/;2'TPOK>!J1?)JEF8N)=ZNB?])TH MR-U1WA$$01"$65P]$AB)1+!APP:<==99*"XN3GDW;MPX=.G2!8,'#\:MP MY9578NW:M?H]D:: F5U%TA%9'G,M64;"8]0OY=%MW:@=X9(^->Q+*'M2TD;_ M[-[MI3?N9M+92:1^9L)_LV$P&F8KZYS9=%-J7UCU3MX:6]T>.9F>1MQ)TP0& M_31+IL/@1-N2Z;8@4_Z;#8.3[;Z5^H3O)E?.&LX23#Q3\F]$;E&PV/&C07Q5SO<63K%FXR> MR+2K)"O%W$Q8S::;$?^M#K->/S/AO]DP& VST?QAN3.;;E)8N'B1,G*KHK+BY&86%AXKFPL!#%Q<5HUJP9E[_A4 CA M4(CYSN?SP>_W\T6 2,#:N2O=^_?GT$@T$T;-@0 ! ,!E%45,3MOEU39;MWC;X7(\:. M-Q2NG*5"*U-:$RA_ESQ/D"5*9DX:'T$0!$$89M:TJ9CYT!3+Y69L=W#?OGWQ MQ1=?H$V;-EB_?CT:-6K$/0H( +]N*49!U:K,=SY?5AQ_Z"P56IO2FD#V 0V< MNX/53A4@"((@"$*5.T:-Q;"1H]/,RTI+50?%M+!="5RX<"%6KER)0X<.878$F5! ?DY@ZO\J MNX/E@D32 PF"( B"EX#?#S"6N85-ZD&V*X&#!P_&X,&#T\QKUJR)IY]^VKA@ MBQ9%$NJPKHM+_YUJ/VV#B$T+6@F"( @BIS'9E]*\*1%#2-T)S+8B,I0\)-Q( MKY6+F\5N#-&8'B8(@B (PG$\>V,(#299C!C_+_7>7Y^0W!T<'_U+[A267L(C MQH6D*(-1"!"$Y'2QVCF$!$$0!$'P8U8/HI% (H9D=W#2*#:*)X5U;F!2+4P] M,D8Z$D@0!$$0A+O(8B60Q@K-D%#JA-0I8.FY@7&D9PC*%4&"\ Y*I[):)9<@ M"((79]H-STX'QZ8B>1*(&E\>Q,01,4GBHW@^AN(G?9;N&([O!I:.$K)V"//E M'4%D"CO*)Y5Y@B#THM5NF&M7O*L$6J4D9^/U%4;N%!22QT#'G+(5OYB-^%I M ?)='O)I8>81,30PXFZH3F2&;$QW('OC1=A/MI8=*^-%NX--DHT%S (E2[[F M+_UZ./:T;W(T4$C\C[SPX>'V\!DE6^-%V$^VEAT7Q M:-.]1(HZ)PK)=7Z"U$YR!% ^;9PJ*SD%++TK.*D(*AU"0Q $01 $+[0[F+ ( MR7R9D*JFJ5TEQT*Z5C#U7$$OS,D1!$$01&Y 2B#!)*'(,8YWD:\7E"I[ZLJC M7!DD"((@"")3>'HZ6/H72%4MK!YKRO3Z5"7_DU.M5H0O?:-'S _I?<'2*^.2 MQ\;$IW[C!T0G)2;O%$&*&P*PM\Q:@;1], MIKM2O*1M$>N]&W!SV-R V]-'J[_+QO9(J8^PRB]/CP0*L@>[3OE*\XOKA4F[ MG$Y9RK!Q'Z0*F_1-"3H=V+: MSTQ@,GR&VB(+_-7CC?2OTGM3PDW8M4OW4&J/K/#3LR.!S$*7J>+$(<7%%$;]]$)8O5Y^ -V*H*-^ M9HI,M$56^ILIO-#V6JSW>'HDT$XL'_7P!.GC/H*0O U$BOP0:.EH(7LCB9WC MM$0N8LMH@ O)E7@2A%?1&AUW,YX="71"G?!JIAHA_=2_U(TA2E/ TG?2D<#T MT4#Y%#%!F"=7%*1)E,Z QFY=-(("%!O@0U5364'P =MQ5_)[4C-4N5 M2SN#"8(@",(-D!)( #2+W<3*TRE"E_ZE&]\Y$]^;(R0IE#&;1,$01 $X09H M.I@ @,36#JU43;T6#HGQ/]8Y@6Q?!,H[@B (@K" '-X=+,3^I:#WY!SYJ4AZ M3__2\D_^WNQ):T9.!N()@_1=_'UR8XC2[F#6G<)Q\_BSF$@GB1_,O%,+LQ[, MGIQHQD,*VZS8/9-+)F9D\*Y4EK._.? M-PQF<5O=,].>Z.EK>,)@%4ZDL15]G5Z[>L.@MRT"TMLC,^U#W,A<7GA7"63" MGQC)D2\U]UK+/+7\TRM/"R.9K1T&9:D"1#%V,+0\K02(B?_CSU'5\$DJ@Z@U M+6RF4 NROTZ[YW>K]7DAM:-\19_V)#M[,MZ*)47W\($ MLQT=?SE@YR]/6\-;7GG2VL[\YPN#\?*9<6Z2,9Y5 4XUT;E$>A,9K_2^E%$^ M^0TBR5%!(;&64$FLD&Y$ %!O\K74:[WR0QM#B!B"=%@[/BT,0').8*JBAPJS"FO,[YD*62FO:',(01 $ M0;@!4@*)&(DI6F4EC:7HL<8.15W?C01!$ 1!9(*?II87"K[ M*YH)@72CB20V@OHU=(2S&-DRH2:+\C;[<+0M(G(:J\I)KK1%9N/H624P%["B M '/+2!L)K*A"0OKHGW1=8+JY_+=TZ2M-!;L1*QO*7&AT23"X,!68$F?(FIBIV\0TAL>-??$@],S"Y,81]/$Q\=%&DO",( M@B (LYCL2VU5 K=MVX9)DR;AV&./12@40MVZ==&G3Q\T;MP8X\:-0YO6!0 4%Q>CL+ P\;ZPL!#%Q<7< M2B!A+8(@2)0[^12N='1/.O6;)'T]H%1-E_X5(&H>%DT0!$$0A-V85@+??OMM M33L+%BQ -!K%R)$C$V;UZ]=',!A$PX8- 0#!8!!%147<_H9"(81"(>8[G\\' MO]_/+8N((Q^U2STS,/V,P.2U;-\=/'WZ=-2I4P>C1HW"^O7K$0J%T*%#!_3MVQ=??/$%VK1I@_7KUZ-1 MHT:Z1@&;-ZBK^&[4N/$8<^]]5@0_!V%-";/O"&;]33U&6GY>8,64,DT'$P1! M$ 0W,QY\ -,>N-]RN;8J@?/FSX8,FDZF" (@B"XN6?,.-P]:DR:>6EI*8Y5&133PE8E<.C0H8G-'W)JUJR) MIY]^VK#LO/P\Y.7G&79O"UX^G3(1[M2KPI,C>/)IX*1MZ<81-K)I84'P;CH1 MSN'E^N0&*/T(PCHR7)_\ 3_\2%_FEA!<$@2"R!E?4)^L#X=D;0X3$:)3>>VI9EV2Q MIBT9UYTI7K#%^XD@EN,7]T/NKYK?2G;2#XV6/DLWCZ2JARP%4*HJ MRM.#?4Q->G@R]5DF]U>K3,C?:X5;J;Q)WN5Q6^DO?Z97/DR^LNJ7' MC[B9-(Q*94BI[,C-U%#S0RTN>NJK6ANCY(?9N.G)!ZTT57,71T][RBM?;I]5 M9^)V>.H=*S]XPI:)]DA/_K/BIZLMZNA]F2YUGE< 81J*O-%*E9,:C9.KM3/3:-^I&C[\L.R*2-X:DW@P2 M,TG=,)(*JQ(HQ46EALKRC3KV>HT M5).K-RY:8=%3?\W&34_8C981(V7-3!DT*I,WC:T*LQ7HR7\]_9G2>R-U7:], MJ9E9^7:5:ROKK)ER8[;MB9%%T\&$.12^OH3DU+#2\3#\,J5K# F"( B"R"2D M!!(,)(J:F*JP26\.B3W'?J'%+O2(N^2RF*))2 M-5TNEU1 @B (@L@TV:$$&MG7(2!=5V')T#/D*->!U.RH_6:%0/!ZL?[P( M\G$]N6/I#F!!8DN^9E#^EQ$!GK27_U9RHY5&^:PTT9*IYDX-/6V.6EYI^:&G+=)*(WDX MY6'68U\+GOQDI;U2V-3"9 &>G0Y63#2Y'?D[O0TZ[WN6/;T%BZ<1TA,67?8% M0!0!P9=\5E$(8XJ@#ZE7Q4F1C_@)$G/YYA.. M\S04%C<8W'5.S8PG;&;";T7Z\RH7O.9ZZ[S5[9&1M#82-][PZ+6O5_'@#8,> MMWHZ9J-I9#;-C;0K+'=&RI_3[9'1-#=3%^WH>[7"8V5?Q\"S2J":HDT803YZ MQWZ,J7^I1\5HRTP71'E'$ 1!$.8PVY=FQW0P83'Q44!I\1(E;T79ND !Z3>% MD)I.$ 1!$&Z&E$!"!?:4;OR,0/7[@N5RDNX)@B (@L@\I 02203INCTEA4UZ M;W#R;ZI2&!])E!X.+23\,'_1#4$0!$$09J$U@02 BK1,V1@2-Y4J#>3[8;3H/>/8'7BN=U^G&H??Z_%]%8=T1$1$YY?"SE#.! M=(%?-&NGOLDC&+#C9IU:H2@>_X4T5.G$TE@P5&6-I7U*71^/&_>%&1'FRNJ]DPINEJ+3*X?5]FC6!YCM*[/^4YVV47V;[2_1,E%[TVN_,I][ZK"B,%;: MJ#:\V>>Q*!Z9_M_L<]IJ?V16UV9QF8O:0:""0-&U.T TP##;2:)MS,)9?:\7 MKTP>S=*172<*8W0@Z#5H!-=WG U4A]/^U6[M9%\9;2/:UDG]VUUGMLPLO,P^ MT,N/D[9F)7TK89W4J=WU1NF*PLC6M5D\5N,VBD,VK-5]Y4;[,PMKMDX;QFX9 MK);-[+V=^/3R8[4=R=:IU75F>;'ZV28;7ZC[(MGE3OI7V?CL?!:IP\@=%S(Q M&N'I8#)@-KNE'NA9.:B)B(@HW#@()&-*\#^8G[+MM"$1$1%%* X"24?@&C[1 M#)_1#*',-4!$1$04;IY>$UA5586Y<^=BS)@QV+]_/WKW[HT5*U8 !H;&U%0 M4("TM#3LV[M=_%1/M*%*>5Z_"IHT@\ M[JVDQ?[(&K//;9GCSFK]!,BDIWWOL&X]'02VM+0@+R\/.3DY ("4E!3S^"O5^C=1\13L[UU?+;">;II=QN]D?V;U?0;V<;=.Z2#SNK:3%.K?&ZOTU MHF5NUH^3N"5X.@C,S,Q$9F8F *"^OA[Q\?%(34T% )27EV/V[-D @/3T=-35 MU:&VMA:#!P^6BEL]$4@NZ?3 Z$X!(![<&0WX5$>4HD#TBR%$1$1DG=//4L># MP)R<'!PY)$R,V;,P( ! M ]#4U(24E!0 0%-3$Y*3DZ73'=C_)[KK%BPJPL*BQ=)QD8JBG0L77=P@\[PD M7HA"1$3DAN5/+L.32Y>X'J^GIX.W;=N&:ZZY!I=??CD ("TM#=75U0" 29,F MH:*B NGIZ:BJJD)J:JKT+" '#EV'(F)B<)U<7&\Z=FJX-C/+[H&4'W5J\R% M$MH'19_?3E$X&TA$1&31O 4+\?B\^9V6-SO6V8Y;](08.T^ D1'.$YMF3YBPFB^];8++%/6] M\ON,D77*7DR;%-I'YFVXTO0-0?A?W&D$C@]=,/PMG) M>/G$&Z'@E*#ZM+!9D].&TP[)-;. [+4=<]H)V*T"M]NC&[Q(UXTGQ'B=KU#S MHNZ]>$H.A5XX^J-([(N\2-OK-L^+Y^@<1?M&_4\]()3Y91"3T\,\,TQ$1!1V M' 32!7Z_YEF!>H^%T9Z(%*W3F0WT^_GUG8B(* )P$$@"JL&;$OP/QH._P'*) M*S,Y$TA$1!1V' 32.<&SO)I!G%_UNM/HS>CJ)[UK"HF(B"@21.^-(5WE%M-( MN;TM.)X3W7,J>BR,>E H&AP**B@0=U>INT@4*>U)B]\'(E^DMAT@LO-&8I%< M9Y&<-ZLR\5&_?VMGG5LKM]$Y0HWJ0S8.5]/3BMY*(WGXVBMM*/6A;ANIGHPWS(,OM M8SI2UEGEYCY4UX_5_DBFS1BU.:D$+,9ME:@ODCFN[<1M)0]6TY$Y=KW:7[H! M+,2E?N]&/8C:B;8O$N5!EMMCR5#U'0%1.Q-H]4,VE!5E=;M.#=2EO%@>"':: M!32[>$_TRR#:=:KWJAM/C#HDL_+("M5 T&@[+P>"3N,SRZ_3>A"U/S?W!P>" MSN,RJ@\[_9'5OLAJ_%;CMAN7G656XK;2-IRF929"22OF35+T?JN-.=.1$34M7 02!=T^EU?HYD]:-:9W16L@+\=3$1$ M%#DX""0![6EAV=D\H]/('/P1$1%%$@X"Z8).UP0&7IL-X&0&B8K@8=1$1$04 M+AP$4D>=!FG:>ZN,KOT3W8?%&4 B(J)(Q$$@7>#W"Z[9T\X$BDX1*X*P.H,_ M7A-(1$04$:+Z$3'JOP%N/I-6>V^KWJT/,O? >GV?K"A^;])4#_C,9OM$@\.. M:XQ(_ "=98%GG6QN6D;*(V'^IV*Q-&;_^YE5^S-+7MR*AN M0I$?HV6R\;E%+U]NM$FSIYA:/?Y@8QLW^Z) ?&[6A]V^QT(M]YN8SQ43Q>A7>:)M0/JO+;7:/'?O'HEE;E4M3YIEC3>+W:1K8>W.R+G,9G-TVS,.'HB]3+G>Z3 M&#\=[,:I2:^;9200G>+5-F"].X+E&CJ1,>V7$;LBM2VR+R**'EVG+XKR0:!Z M+&PV@P7!>[UEHC#:^ +O19/!HO!&:3G]?FNT'T1A#&A_-D[1:ZAF/R&G/2$0 MB-N,S-R*7EW(Q"GZ9R4]O;H5I>64E3**TG223U&9S5AMWWK'HRAOZM^OEJT+ MO7CUTC=K6S+[4Q1.;SO9_D$OC]I\Z3WG4S9]H[!6\F<6E]EQ9[7_U(O7S6/0 M:O\@$Y_5OD@;OVA;H[!.6=FW=MN63'MPTA<9K3/K/[7]D96ZL)J6S#(WZC2J M3P>+=H1VIXC.FLMVAB(R\5E];W;5A.Q5%4;[0;M>8U?[(:)_(]N$R8?3*Y/2S0?V%T8CL/I0Y MAK3MT^Z^$=6[43B]]?*B>! HP]G.\3X^F3B]2%,4OTY#5P#C#T?!-AW('I!N M5L ZH>CB5GMENRRB:<.@85F']4#3P>C:$B$B&MWU(UQD$ MLJ^5([V?%(AG\62O1;!S+0^%#*M#CMW]Q/TKA_N) +8#61[LIZXS"-2[,2[P MVNYUE'J7D,E>TRH[5C*Y-,]T>[-M],[**IH7?LTLH/#N8+-3[CKK@W&K9P:A MOX^<3AKJU;MVF95K>WV"TCT3]H$R=F[4EL^W-EAE]OS3*@ZBMFZ4A MR\K^L4,OST9]E-.T1,OM]*NR^]FH?HS:K-D]$+*?<>??!]>]7Y MVKEIS"@^LW5FG9V5MFFU'"1(T>R\ H+&Q M$04%!4A+2\.^??OPV&./8?CPX=)Q!H\5I>,RQP=.C.IURW^%-P.AJ#<[G8C; M:5)TL-.O*(*WK/_H$ZY^@?T1B9CT*TZKU/-!8%M;&^;/GX^LK*P.RQ__2UZ]^[=87EY>3FN MO_YZ $!Z>CKJZNI06UOK=7:(B(B(""[,!.;DY.#(D2/!]WZ_'XJB8/+DR;CR MRBLQ?/AP9&1D=-JNOKX>24E)P?=)24FHKZ_'X,&#G6:)B(B(B$PX'@3NV+%# M=]W,F3-QU557X:FGGL+NW;MQZM0I^'P^S)HU"P,&#$!34Q-24E( $U-34A. M3I9.M[6U%:VMK<)U<7%QB(^/MU:0&+-URQ:4EY+2G!E5=>B:5+GD#/GCUQX, !//M<"2ZZZ")\]]UW M>.G%%_#\FK4A*3L1$5$T\?E\:&]O[[1<;QPDR]-K C=NW!A\75U=C>SL[."- M(9,F34)%1072T]-1556%U-142[. _7_R'[KK%A45H6AQL>U\QX(S9\[@=\N7 M8]"@0:BNKL;8,3<$!X$%94N7('U8 M.DZ>/!E<=NC0(:QY_GF\]O?NC1,G3F#/=WNP:?-FK%V[!G]^ M]UW M1')R,B9,F("E2Y>BH* 1X\>14U-#=Y\\TU+<1X[_B,2$Q.%Z^+BNL[C#[UR MS_G!. #4[-N'$:I3]BD#4]#0T :&AHP*A1HX1QO/W66Q@TZ#(,&7(Y/OGD MX^#RS?^["?TO[8^2DN?0?/(DA@RY'+^YZRZ<.7,&SO7RHIA$1$11;\'"19@W?T&GY9D)" A(0$IUF+:6?/GL62)XKQR2>?H*3T^>#R%2M7XO[[O=BY\Q.L6OTL7E/-^ ) ;6TM/JNHP LOOH1NW;IA MXH0)2$Q,Q)2I4W%_7AZ6+5V"/GW[(BDI"75U=9@\92J*%BW$Q1=?C(+"Q]&M M6_0^OI*(B,AM\?'QPLOQV67788KTB['AQ]_@K2T-/S] M[W_'C=GC<+3A6(<&N&+Y[]#:VHH>/7K@ZZ^^QO<'O\<==]R!V0\_@F5+EZ"V M]A]X_8TW !+ESR!'W_\$<\^5Q+,&=BZ;1NV;-X, M +AWYLP0[A4B(J+HU-S2_>BD 8.# @3A[]FPP[,&#!P$ <^?- MQZ*BQ2@H?!P3;[T5(T:,P)R"0O3HT0,WW?2?^/[[ \%M:FMK,?3G/^^0E]\] MN0S_\^"#2$I*0EM;&WKTZ(%^_?JAL:G1PSU 1$1$ 3SO%J/.GCV+V0\]B"%# MAN#@P8/XU:]^%;P#>.T++V+V0P]A^/!AV+.G"F4;7T-\?#QJ:FHP<<+-V%NS M'XIR[CGE?W[W7>S8OAT':P]BW&$!>O;LB<3$1.3G M/Q!,N[*R$H/;KCU)F6+O=P:Y8M.K%LT:>KE@M@V:(5 MRQ89>&,($1$1$5G&02 1$1%1#.(@D(B(B"@&<1!(1$1$%(.BZF?CU/>P-#>JFE;7@ZF(B(B"@&1=5,8'M[.W[XX0< 0,^> M/:$H2IAS1$1$1!0>?K\?ITZ= @#TZ]_:$.INVR)3-Y_/AA1=> M0')R,G;MVA7J+-HB4ZZ"@@+,GS\?*U>NQ)UWWMFEZNSYYY]'?GX^GG[Z:4R= M.A4??/!!J+-IBTS9 C9NW&CY,1[A)%.VC1LWXKKKK@M^OJUWWGHK]NW;%_'/ MJ0SDS^?SH;JZ&MG9V:BOK^\09L&"!.655W#???>%-I,VR91MX,"!:&AH <.W8,PX8-BXH/7YFR M[=V[%X,'#P8 _.QG/\.! P=04U,3^LQ:%"A;?'P\9LZ<*0Q37EX>+'=Z>CKJ MZNI06UL;LCS:)5.VK*PL7'755;9^3S-<9,H5& "YQZ@GY24%)*\.253MCES MYJ![]^X @)J:FJCXD@S(E>U?__H72DI*4%QIMW+AQR,G)0;]^_;![]VYD9V>CNKH:W;I% M]A!#IFRUM;5(3D[&A@T;T-34A(R,#'SVV6=(34T-00Z]%]DU%(62DY/1U-04 M?-_4U(3DY.0.8;9NW8K;;[\]U%ESS*AL]]Y[+Z9,F8+?TZ=-XX($'L&K5*EQQQ17ASHZK^O?OCU6K5J&VMA:C1X]&5555 MU,QVZOGZZZ^1D)" LK*RX"S@RI4K,7[\^*CI(XVHOS1F9&3@Y,F3V+=O'X8- M&Q;&7+FC=^_>&#UZ-(!S7Y+3TM*P:]L7KJRZ2EWNJJHJI*:F M1OPL8*S[\<UUUZ+EUYZ"86%A7C\\C6U=7AZ%#AX8Y5^Z)+RXN+@YW)KJ2E)04 M-#4=DF39H$ !@Q M8@36KEV+_?OW8\N6+?CE+W]I>/U(I#&JM[*R,JQ;MP[[]^_'SIT[L7+E2O3L MV3/,.;;FU5=?Q8X=.U!;6XM3ITXA*RL+ #!Z]&ALV+ !NW?O1GEY.5:O7HW^ M_?N'.;?6Z)6MH:$!SSWW'#[ZZ".TM;6A5Z]>436#JU>N,6/&X/#APWC__?=1 M5E:&[=NW8_;LV6'.K35Z9=NR90L^^. #5%968OWZ]9@V;1HF3IP8YMQ:HUV/7OV8,.&#?CVVV_Q^NNOHZBH M""-&C AS;JW1*]NH4:/P]MMOXYMOOL$?_O '3)X\&3DY.6'.K7L4?S1=H4I$ M1$1$KN#I8"(B(J(8Q$$@$1$140SB()"(B(@H!G$02$1$1!2#. @D(B(BBD$< M!!(1$1'%( X"B8B(B&(0!X%$1$1$,8B#0"(B(J(8Q$$@$1$140SB()"(B(@H M!G$02$1$1!2#. @D(B(BBD$C_ ;&K 2!)0Q*B XML 71 R143.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Large-Cap Growth Index Fund
TIAA-CREF Large-Cap Growth Index Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities of large domestic growth companies based on a market index.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Large-Cap Growth Index Fund
Institutional Class
Advisor Class
Retirement Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none
Maximum deferred sales charge none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none
Redemption or exchange fee none none none
Maximum account fee none none none
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Large-Cap Growth Index Fund
Institutional Class
Advisor Class
Retirement Class
Management fees 0.04% 0.04% 0.04%
Other expenses 0.02% 0.11% [1] 0.27%
Total annual Fund operating expenses 0.06% 0.15% 0.31%
Waivers and expense reimbursements [2]
waiver and/or expense reimbursement 0.06% 0.15% 0.31%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.09% of average daily net assets for Institutional Class shares; (ii) 0.24% of average daily net assets for Advisor Class shares; and (iii) 0.34% of average daily net assets for Retirement Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Large-Cap Growth Index Fund - USD ($)
Institutional Class
Advisor Class
Retirement Class
1 year $ 6 $ 15 $ 32
3 years 19 48 100
5 years 34 85 174
10 years $ 77 $ 192 $ 393
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 22% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in securities of its benchmark index (the Russell 1000® Growth Index). For purposes of the 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. The Russell 1000® Growth Index is a subset of the Russell 1000® Index, which represents the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (“Advisors”), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund’s ability to match the returns of the Russell 1000® Growth Index is negatively affected by the costs of buying and selling securities as well as the Fund’s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund’s benchmark index.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Index Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Growth Index Fund
Bar Chart

Best quarter: 16.41%, for the quarter ended June 30, 2009. Worst quarter: -22.74%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Large-Cap Growth Index Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 7.05% 14.43% 8.26% Oct. 01, 2002
Advisor Class 7.02% 14.42% [1] 8.25% [1] Dec. 04, 2015
Retirement Class 6.75% 14.14% 7.99% Oct. 01, 2002
After Taxes on Distributions | Institutional Class 6.72% 13.87% 7.86%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 4.27% 11.56% 6.68%  
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes) 7.08% 14.50% 8.33%  
[1] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 

XML 72 R149.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
TIAA-CREF Large-Cap Growth Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TIAA-CREF Large-Cap Growth Index Fund
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities of large domestic growth companies based on a market index.

Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 28, 2018
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 22% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.00%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Fund invests at least 80% of its assets in securities of its benchmark index (the Russell 1000® Growth Index). For purposes of the 80% investment policy, “large-cap” securities are securities of issuers with a capitalization equal to or greater than the top 80% of issuers by capitalization within the Russell 1000® Index at the time of purchase. The Russell 1000® Growth Index is a subset of the Russell 1000® Index, which represents the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (“Advisors”), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund’s ability to match the returns of the Russell 1000® Growth Index is negatively affected by the costs of buying and selling securities as well as the Fund’s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund’s benchmark index.

Risk [Heading] rr_RiskHeading Principal investment risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Index Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Style Risk—The risk that use of a particular investing style (such as growth or value investing) may fall out of favor in the marketplace for various periods of time and result in underperformance relative to the broader market sector or significant declines in the value of the Fund’s portfolio investments.


· Risks of Growth Investing—Due to their relatively high valuations, growth stocks are typically more volatile than value stocks and may experience a larger decline on a forecast of lower earnings, or a negative event or market development, than would a value stock.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money over short or long periods by investing in this Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Past performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor and Retirement classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tiaa.org
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Large-Cap Growth Index Fund
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Best quarter: 16.41%, for the quarter ended June 30, 2009. Worst quarter: -22.74%, for the quarter ended December 31, 2008.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.41%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.74%)
Performance Table Heading rr_PerformanceTableHeading AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes The returns for the benchmark index reflect no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class, and after-tax returns for other classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.

 
TIAA-CREF Large-Cap Growth Index Fund | Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.08%
5 Years rr_AverageAnnualReturnYear05 14.50%
10 Years rr_AverageAnnualReturnYear10 8.33%
TIAA-CREF Large-Cap Growth Index Fund | Institutional Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.04%
Other expenses rr_OtherExpensesOverAssets 0.02%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.06%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.06%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 6
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 19
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 34
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 77
Annual Return 2007 rr_AnnualReturn2007 11.64%
Annual Return 2008 rr_AnnualReturn2008 (38.46%)
Annual Return 2009 rr_AnnualReturn2009 37.18%
Annual Return 2010 rr_AnnualReturn2010 16.52%
Annual Return 2011 rr_AnnualReturn2011 2.58%
Annual Return 2012 rr_AnnualReturn2012 15.22%
Annual Return 2013 rr_AnnualReturn2013 33.34%
Annual Return 2014 rr_AnnualReturn2014 12.98%
Annual Return 2015 rr_AnnualReturn2015 5.61%
Annual Return 2016 rr_AnnualReturn2016 7.05%
1 Year rr_AverageAnnualReturnYear01 7.05%
5 Years rr_AverageAnnualReturnYear05 14.43%
10 Years rr_AverageAnnualReturnYear10 8.26%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
TIAA-CREF Large-Cap Growth Index Fund | Institutional Class | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.72%
5 Years rr_AverageAnnualReturnYear05 13.87%
10 Years rr_AverageAnnualReturnYear10 7.86%
TIAA-CREF Large-Cap Growth Index Fund | Institutional Class | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.27%
5 Years rr_AverageAnnualReturnYear05 11.56%
10 Years rr_AverageAnnualReturnYear10 6.68%
TIAA-CREF Large-Cap Growth Index Fund | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.04%
Other expenses rr_OtherExpensesOverAssets 0.11% [2]
Total annual Fund operating expenses rr_ExpensesOverAssets 0.15%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.15%
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Estimate is for the current fiscal year.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 15
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 48
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 85
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 192
1 Year rr_AverageAnnualReturnYear01 7.02%
5 Years rr_AverageAnnualReturnYear05 14.42% [3]
10 Years rr_AverageAnnualReturnYear10 8.25% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 04, 2015
TIAA-CREF Large-Cap Growth Index Fund | Retirement Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge imposed on purchases (percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge imposed on reinvested dividends and other distributions rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption none
Maximum account fee rr_MaximumAccountFeeOverAssets none
Management fees rr_ManagementFeesOverAssets 0.04%
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual Fund operating expenses rr_ExpensesOverAssets 0.31%
Waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets [1]
waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.31%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 32
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 100
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 174
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 393
1 Year rr_AverageAnnualReturnYear01 6.75%
5 Years rr_AverageAnnualReturnYear05 14.14%
10 Years rr_AverageAnnualReturnYear10 7.99%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2002
[1] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.09% of average daily net assets for Institutional Class shares; (ii) 0.24% of average daily net assets for Advisor Class shares; and (iii) 0.34% of average daily net assets for Retirement Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
[2] Estimate is for the current fiscal year.
[3] The performance shown for the Advisor Class that is prior to its inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor Class. If those expenses had been reflected, the performance would have been lower.
GRAPHIC 73 BarChart20.png IDEA: XBRL DOCUMENT begin 644 BarChart20.png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end XML 68 R136.htm IDEA: XBRL DOCUMENT v3.6.0.2
TIAA-CREF Equity Index Fund
TIAA-CREF Equity Index Fund
Investment objective

The Fund seeks a favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities selected to track the overall U.S. equity markets based on a market index.

Fees and expenses

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund:

SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - TIAA-CREF Equity Index Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Maximum sales charge imposed on purchases (percentage of offering price) none none none none none
Maximum deferred sales charge none none none none none
Maximum sales charge imposed on reinvested dividends and other distributions none none none none none
Redemption or exchange fee none none none none none
Account maintenance fee (annual fee on accounts under $2,000) none none none none $ 15.00
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - TIAA-CREF Equity Index Fund
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
Management fees 0.04% 0.04% 0.04% 0.04% 0.04%
Distribution (Rule 12b-1) fees     0.15%   0.25%
Other expenses 0.01% 0.10% [1] 0.01% 0.26% 0.05%
Total annual Fund operating expenses 0.05% 0.14% 0.20% 0.30% 0.34%
Waivers and expense reimbursements [2]
Total annual Fund operating expenses after fee waiver and/or expense reimbursement 0.05% 0.14% 0.20% 0.30% 0.34%
[1] Estimate is for the current fiscal year.
[2] Under the Fund's expense reimbursement arrangements, the Fund's investment adviser, Teachers Advisors, LLC, has contractually agreed to reimburse the Fund for any Total annual Fund operating expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses) that exceed: (i) 0.09% of average daily net assets for Institutional Class shares; (ii) 0.24% of average daily net assets for Advisor Class shares; (iii) 0.24% of average daily net assets for Premier Class shares; (iv) 0.34% of average daily net assets for Retirement Class shares; and (v) 0.48% of average daily net assets for Retail Class shares of the Fund. These expense reimbursement arrangements will continue through at least February 28, 2018, unless changed with approval of the Board of Trustees.
Example

This example is intended to help you compare the cost of investing in shares of the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses, before expense reimbursements, remain the same. The example assumes that the Fund’s expense reimbursement agreement will remain in place through February 28, 2018, but that there will be no waiver or expense reimbursement agreement in effect thereafter. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example - TIAA-CREF Equity Index Fund - USD ($)
Institutional Class
Advisor Class
Premier Class
Retirement Class
Retail Class
1 year $ 5 $ 14 $ 20 $ 31 $ 35
3 years 16 45 64 97 109
5 years 28 79 113 169 191
10 years $ 64 $ 179 $ 255 $ 381 $ 431
Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the fiscal year ended October 31, 2016, the Fund’s portfolio turnover rate was 9% of the average value of its portfolio.

Principal investment strategies

Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of its benchmark index (the Russell 3000® Index). The Russell 3000® Index measures the performance of the largest 3,000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Fund buys most, but not necessarily all, of the stocks in its benchmark index, and will attempt to closely match the overall investment characteristics of its benchmark index. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.


The Fund is designed to track various U.S. equity markets as a whole or a segment of these markets. The Fund primarily invests its assets in equity securities its investment adviser, Teachers Advisors, LLC (“Advisors”), has selected to track a designated stock market index. Because the return of an index is not reduced by investment and other operating expenses, the Fund’s ability to match the returns of the Russell 3000® Index is negatively affected by the costs of buying and selling securities as well as the Fund’s fees and other expenses. The use of a particular index by the Fund is not a fundamental policy and may be changed without shareholder approval. The portfolio management team of Advisors will attempt to build a portfolio that generally matches the market weighted investment characteristics of the Fund’s benchmark index.

Principal investment risks

You could lose money over short or long periods by investing in this Fund. An investment in the Fund, due to the nature of the Fund’s portfolio holdings, typically is subject to the following principal investment risks:


· Market Risk—The risk that market prices of portfolio investments held by the Fund may fall rapidly or unpredictably due to a variety of factors, including changing economic, political or market conditions. Market risk may affect a single issuer, industry or sector of the economy, or it may affect the market as a whole.


· Index Risk—The risk that the Fund’s performance may not correspond to its benchmark index for any period of time and may underperform such index or the overall financial market. Additionally, to the extent that the Fund’s investments vary from the composition of its benchmark index, the Fund’s performance could potentially vary from the index’s performance to a greater extent than if the Fund merely attempted to replicate the index.


· Issuer Risk (often called Financial Risk)—The risk that an issuer’s earnings prospects and overall financial position will deteriorate, causing a decline in the value of the issuer’s financial instruments over short or extended periods of time.


· Large-Cap Risk—The risk that large-capitalization companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions.


· Mid-Cap Risk—The risk that the stocks of mid-capitalization companies often experience greater price volatility, lower trading volume and less liquidity than the stocks of larger, more established companies.


· Small-Cap RiskThe risk that the stocks of small-capitalization companies often experience greater price volatility than large- or mid-sized companies because small-cap companies are often newer or less established than larger companies and are likely to have more limited resources, products and markets. Securities of small-cap companies are often less liquid than securities of larger companies as a result of there being a smaller market for their securities, which can have an adverse effect on the pricing of these securities and on the ability to sell these securities when Advisors deems it appropriate.


· Illiquid Investments RiskThe risk that illiquid investments may be difficult to sell for the value at which they are carried, if at all, or at any price within the desired time frame.


Please see the non-summary portion of the Prospectus for more detailed information about the risks described above.

Past performance

The following chart and table help illustrate some of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows the annual total returns of the Institutional Class of the Fund, before taxes, in each full calendar year for the last ten years. Because the expenses vary across share classes, the performance of the Institutional Class may vary from the other share classes. Below the bar chart are the best and worst returns of the Institutional Class for a calendar quarter during the full calendar-year periods covered by the bar chart. The performance table following the bar chart shows the Fund’s average annual total returns for the Institutional, Advisor, Premier, Retirement and Retail classes over the applicable one-year, five-year, ten-year and since-inception periods ended December 31, 2016, and how those returns compare to those of the Fund’s benchmark index. After-tax performance is shown only for Institutional Class shares, and after-tax returns for the other classes of shares will vary from the after-tax returns presented for Institutional Class shares.


The returns shown below reflect previous agreements by Advisors to waive or reimburse the Fund for certain fees and expenses. Without these waivers and reimbursements, the returns of the Fund would have been lower. Past performance of the Fund (before and after taxes) is not necessarily an indication of how it will perform in the future. The benchmark index listed below is unmanaged, and you cannot invest directly in an index. The returns for the benchmark index reflect no deduction for fees, expenses or taxes.


For current performance information of each share class, including performance to the most recent month-end, please visit www.tiaa.org.

ANNUAL TOTAL RETURNS FOR THE INSTITUTIONAL CLASS SHARES (%) Equity Index Fund
Bar Chart

Best quarter: 16.89%, for the quarter ended June 30, 2009. Worst quarter: -22.73%, for the quarter ended December 31, 2008.

AVERAGE ANNUAL TOTAL RETURNS For the Periods Ended December 31, 2016
Average Annual Returns - TIAA-CREF Equity Index Fund
1 Year
5 Years
10 Years
Inception Date
Institutional Class 12.76% 14.63% 7.06% Jul. 01, 1999
Advisor Class 12.75% 14.62% [1] 7.06% [1] Dec. 04, 2015
Premier Class 12.57% 14.44% 6.95% [1] Sep. 30, 2009
Retirement Class 12.45% 14.34% 6.79% Mar. 31, 2006
Retail Class 12.42% 14.29% 6.81% Mar. 31, 2006
After Taxes on Distributions | Institutional Class 12.07% 13.95% 6.58%  
After Taxes on Distributions and Sale of Fund Shares | Institutional Class 7.70% 11.69% 5.65%  
Russell 3000® Index (reflects no deductions for fees, expenses or taxes) 12.74% 14.67% 7.07%  
[1] The performance shown for the Advisor and Premier classes that is prior to their inception date is based on performance of the Fund's Institutional Class. The performance for these periods has not been restated to reflect higher expenses of the Advisor and Premier classes. If those expenses had been reflected, the performance would have been lower.

Current performance of the Fund’s shares may be higher or lower than that shown above.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates in effect during the periods shown and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(a), 401(k) or 403(b) plans or Individual Retirement Accounts (IRAs). After-tax returns are shown for only one class, and after-tax returns for other classes will vary.