UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number File No. 811-09301

TIAA-CREF FUNDS

(Exact Name of Registrant as specified in charter)

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

(Address of Principal Executive Offices) (Zip code)

Jeremy D. Franklin, Esq.
TIAA-CREF Funds
8500 Andrew Carnegie Blvd.

Charlotte, N.C. 28262-8500

(Name and address of agent for service)

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

Date of fiscal year end: March 31

Date of reporting period: December 31, 2017

Item 1. Schedule of Investments.

TIAA-CREF FUNDS - Real Estate Securities Fund

TIAA-CREF FUNDS

REAL ESTATE SECURITIES FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.5%
DATA PROCESSING & OUTSOURCED SERVICES - 0.7%
	600,000	*	GDS Holdings Ltd (ADR)	$	13,518,000
			TOTAL DATA PROCESSING & OUTSOURCED SERVICES		13,518,000
DIVERSIFIED REITS - 2.4%
	550,000		Gramercy Property Trust		14,663,000
	4,000,000		Spirit Realty Capital, Inc		34,320,000
			TOTAL DIVERSIFIED REITS		48,983,000
HEALTH CARE REITS - 5.9%
	550,000		HCP, Inc		14,344,000
	1,200,000		Healthcare Trust of America, Inc		36,048,000
	350,000		Physicians Realty Trust		6,296,500
	410,000		Ventas, Inc		24,604,100
	625,000		Welltower, Inc		39,856,250
			TOTAL HEALTH CARE REITS		121,148,850
HOMEBUILDING - 0.6%
	700,000	*	TRI Pointe Homes, Inc		12,544,000
			TOTAL HOMEBUILDING		12,544,000
HOTEL & RESORT REITS - 3.7%
	1,000,000		Host Marriott Corp		19,850,000
	325,000		MGM Growth Properties LLC		9,473,750
	625,000		Park Hotels & Resorts, Inc		17,968,750
	1,800,000		Sunstone Hotel Investors, Inc		29,754,000
			TOTAL HOTEL & RESORT REITS		77,046,500
INDUSTRIAL REITS - 9.7%
	200,000		DCT Industrial Trust, Inc		11,756,000
	700,000		Duke Realty Corp		19,047,000
	1,300,000		Prologis, Inc		83,863,000
	2,200,000		Rexford Industrial Realty, Inc		64,152,000
	650,000		Terreno Realty Corp		22,789,000
			TOTAL INDUSTRIAL REITS		201,607,000
IT CONSULTING & OTHER SERVICES - 0.8%
	275,000	*	InterXion Holding NV		16,205,750
			TOTAL IT CONSULTING & OTHER SERVICES		16,205,750
MORTGAGE REITS - 1.4%
	325,000		Hannon Armstrong Sustainable Infrastructure Capital, Inc		7,819,500
	950,000		Starwood Property Trust, Inc		20,282,500
			TOTAL MORTGAGE REITS		28,102,000

1

TIAA-CREF FUNDS - Real Estate Securities Fund

SHARES			COMPANY	VALUE
OFFICE REITS - 11.3%
	325,000		Alexandria Real Estate Equities, Inc	$	42,441,750
	500,000		Boston Properties, Inc		65,015,000
	800,000		Hudson Pacific Properties		27,400,000
	550,000		Kilroy Realty Corp		41,057,500
	400,000		SL Green Realty Corp		40,372,000
	220,000		Vornado Realty Trust		17,199,600
			TOTAL OFFICE REITS		233,485,850
REAL ESTATE SERVICES - 0.7%
	800,000		Kennedy-Wilson Holdings, Inc		13,880,000
			TOTAL REAL ESTATE SERVICES		13,880,000
RESIDENTIAL REITS - 15.8%
	550,000		American Homes 4 Rent		12,012,000
	130,000		AvalonBay Communities, Inc		23,193,300
	400,000		Camden Property Trust		36,824,000
	600,000		Equity Lifestyle Properties, Inc		53,412,000
	825,000		Equity Residential		52,610,250
	200,000		Essex Property Trust, Inc		48,274,000
	1,750,000		Invitation Homes, Inc		41,247,500
	105,000		Mid-America Apartment Communities, Inc		10,558,800
	525,000		Sun Communities, Inc		48,709,500
			TOTAL RESIDENTIAL REITS		326,841,350
RETAIL REITS - 16.1%
	400,000		Agree Realty Corp		20,576,000
	2,300,000		DDR Corp		20,608,000
	350,000		Federal Realty Investment Trust		46,483,500
	1,900,000		GGP, Inc		44,441,000
	160,000		Realty Income Corp		9,123,200
	625,000		Regency Centers Corp		43,237,500
	1,600,000		Retail Opportunities Investment Corp		31,920,000
	675,000		Simon Property Group, Inc		115,924,500
			TOTAL RETAIL REITS		332,313,700
SPECIALIZED REITS - 29.4%
	625,000		American Tower Corp		89,168,750
	800,000		Crown Castle International Corp		88,808,000
	600,000		CyrusOne, Inc		35,718,000
	190,000		Digital Realty Trust, Inc		21,641,000
	190,000		Equinix, Inc		86,111,800
	350,000		Extra Space Storage, Inc		30,607,500
	1,050,000		Four Corners Property Trust, Inc		26,985,000
	275,000		Gaming and Leisure Properties, Inc		10,175,000
	325,000		Iron Mountain, Inc		12,262,250
	1,100,000		National Storage Affiliates Trust		29,986,000
	190,000		Public Storage, Inc		39,710,000
	675,000		QTS Realty Trust, Inc		36,558,000
	190,000	*	SBA Communications Corp		31,038,400
	675,000		Uniti Group, Inc		12,008,250

2

TIAA-CREF FUNDS - Real Estate Securities Fund

SHARES		COMPANY	RATE			MATURITY DATE	VALUE
	1,775,000	Weyerhaeuser Co					$	62,586,500
		TOTAL SPECIALIZED REITS						613,364,450
		TOTAL COMMON STOCKS						2,039,040,450
		(Cost $1,543,820,993)
PRINCIPAL		ISSUER
SHORT-TERM INVESTMENTS - 1.1%
GOVERNMENT AGENCY DEBT - 0.5%
$	10,600,000	Federal Home Loan Bank (FHLB)		1.050	%	01/02/18		10,600,000
		TOTAL GOVERNMENT AGENCY DEBT						10,600,000
TREASURY DEBT - 0.6%
	11,625,000	United States Treasury Bill		1.132		01/04/18		11,624,268
		TOTAL TREASURY DEBT						11,624,268
		TOTAL SHORT-TERM INVESTMENTS						22,224,268
		(Cost $22,223,595)
		TOTAL INVESTMENTS - 99.6%						2,061,264,718
		(Cost $1,566,044,588)
		OTHER ASSETS & LIABILITIES, NET - 0.4%						9,121,901
		NET ASSETS - 100.0%					$	2,070,386,619

	Abbreviation(s):
ADR	American Depository Receipt
REIT	Real Estate Investment Trust
*	Non-income producing

3

TIAA-CREF FUNDS - Bond Fund

TIAA-CREF FUNDS

BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 1.3%
AUTOMOBILES & COMPONENTS - 0.0%
$	188,978	i	CH Hold Corp	LIBOR 1 M + 3.000%		4.570	%	02/01/24	$	190,042
			TOTAL AUTOMOBILES & COMPONENTS							190,042
CAPITAL GOODS - 0.1%
	671,625	i	Avolon TLB Borrower  Luxembourg Sarl	LIBOR 1 M + 2.250%		3.750		03/21/22		666,232
	244,264	i	CHI Overhead Doors, Inc	LIBOR 3 M + 3.250%		4.943		07/31/22		244,113
	693,000	i	Milacron LLC	LIBOR 1 M + 2.750%		4.319		09/28/23		693,291
	983,120	i	TransDigm, Inc	LIBOR 1 M + 2.750%		4.320		05/14/22		985,480
	493,750	i	TransDigm, Inc	LIBOR 1 and 3 M + 2.750%		4.440		06/09/23		494,298
			TOTAL CAPITAL GOODS							3,083,414
COMMERCIAL & PROFESSIONAL SERVICES - 0.1%
	1,972,973	i	Advanced Disposal Services, Inc	LIBOR 1 W + 2.250%		3.740		11/10/23		1,976,505
	742,500	i	Creative Artists Agency LLC	LIBOR 1 M + 3.500%		4.980		02/15/24		745,982
	654,600	i	ProQuest LLC	LIBOR 1 M + 3.750%		5.319		10/24/21		662,377
	1,044,800	i	Spin Holdco, Inc	LIBOR 2 M + 3.750%		5.147		11/14/22		1,052,114
	1,154,029	i	Trans Union LLC	LIBOR 1 M + 2.000%		3.570		04/07/23		1,157,930
	427,406	i	XPO Logistics, Inc	LIBOR 3 M + 2.250%		3.600		11/01/21		429,671
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES							6,024,579
CONSUMER DURABLES & APPAREL - 0.0%
	489,346	i	Academy Ltd	LIBOR 1 and 3 M + 4.000%		5.490		07/01/22		384,014
			TOTAL CONSUMER DURABLES & APPAREL							384,014
CONSUMER SERVICES - 0.1%
	1,130,222	i	Allied Universal Holdco LLC	LIBOR 3 M + 3.750%		5.440		07/28/22		1,120,332
	92,528	i	Boyd Gaming Corp	LIBOR 1 W + 2.500%		3.980		09/15/23		92,991
	337,621	i	Jackson Hewitt Tax Service, Inc	LIBOR 3 M + 7.000%		8.380		07/30/20		332,135
	1,261,585	i	KFC Holding Co	LIBOR 1 M + 2.000%		3.490		06/16/23		1,268,158
	879,863	i	KinderCare Education LLC	LIBOR 3 M + 3.750%		5.443		08/12/22		880,962
	636,945	i	Sterling Midco Holdings, Inc	LIBOR 1 M + 3.500%		5.069		06/19/24		638,538
	297,754	i	Travel Leaders Group LLC	LIBOR 3 M + 4.500%		5.919		01/25/24		301,291
			TOTAL CONSUMER SERVICES							4,634,407
ENERGY - 0.0%
	235,000	i	California Resources Corp	LIBOR 1 M + 10.375%		11.876		12/31/21		257,619
			TOTAL ENERGY							257,619
FOOD & STAPLES RETAILING - 0.0%
	187,820	i	Albertsons LLC	LIBOR 1 M + 2.750%		4.320		08/25/21		183,913
	75,620	i	Albertsons LLC	LIBOR 3 M + 3.000%		4.460		06/22/23		73,981
			TOTAL FOOD & STAPLES RETAILING							257,894

4

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
FOOD, BEVERAGE & TOBACCO - 0.1%
$	1,000,000	i	BG Foods, Inc	LIBOR 1 M + 2.000%		3.569	%	11/02/22	$	1,006,880
	251,189	i	Hostess Brands, LLC	LIBOR 1 M + 2.250%		3.819		08/03/22		251,229
	1,192,633	i	Post Holdings, Inc	LIBOR 1 M + 2.250%		3.820		05/24/24		1,196,259
			TOTAL FOOD, BEVERAGE & TOBACCO							2,454,368
HEALTH CARE EQUIPMENT & SERVICES - 0.2%
	992,500	i	Change Healthcare Holdings LLC	LIBOR 1 M + 2.750%		4.320		03/01/24		993,870
	1,184,362	i	DaVita HealthCare Partners, Inc	LIBOR 1 M + 2.750%		4.319		06/24/21		1,193,612
	1,980,000	i	Envision Healthcare Corp	LIBOR 1 M + 3.000%		4.570		12/01/23		1,984,118
	372,048	i	Greatbatch Ltd	LIBOR 1 M + 3.250%		4.660		10/27/22		374,664
	1,008,914	i	HCA, Inc	LIBOR 1 M + 2.250%		3.819		02/10/24		1,014,745
	3,970,000	i	Team Health Holdings, Inc	LIBOR 1 M + 2.750%		4.319		02/06/24		3,863,326
			TOTAL HEALTH CARE EQUIPMENT & SERVICES							9,424,335
INSURANCE - 0.0%
	1,473,233	i	HUB International Ltd	LIBOR 3 M + 3.000%		4.410		10/02/20		1,479,288
			TOTAL INSURANCE							1,479,288
MATERIALS - 0.1%
	888,275	i	American Builders & Contractors Supply Co, Inc	LIBOR 1 M + 2.500%		4.070		10/31/23		891,437
	985,309	i	Berry Plastics Corp	LIBOR 1 M + 2.250%		3.680		10/01/22		988,758
	1,240,625	i	Berry Plastics Corp	LIBOR 1 M + 2.250%		3.680		01/19/24		1,245,277
	294,304	i	Plaze, Inc	LIBOR 3 M + 3.500%		7.000		07/29/22		296,235
	240,385	i	Quikrete Holdings, Inc	LIBOR 1 M + 2.750%		4.320		11/15/23		240,685
	360,000	i	Solenis International LP	LIBOR 3 M + 6.750%		8.229		07/29/22		343,199
	37,791	i	Tronox Blocked Borrower LLC	LIBOR 3 M + 3.000%		4.690		09/23/24		38,006
	87,209	i	Tronox Finance LLC	LIBOR 3 M + 3.000%		4.690		09/23/24		87,707
			TOTAL MATERIALS							4,131,304
MEDIA - 0.1%
	248,125	i	AMC Entertainment Holdings, Inc	LIBOR 1 M + 2.250%		3.730		12/15/23		247,919
	117,453	i	CBS Radio, Inc	LIBOR 3 M + 2.750%		4.170		11/17/24		117,991
	879,829	i	CDS US Intermediate Holdings, Inc	LIBOR 3 M + 3.750%		5.443		07/08/22		870,485
	925,000	i	Charter Communications Operating LLC	LIBOR 3 M + 2.000%		2.000		04/30/25		925,333
	1,436,531	i	CSC Holdings LLC	LIBOR 1 M + 2.250%		3.741		07/17/25		1,429,794
	136,433	i	Lions Gate Entertainment Corp	LIBOR 1 M + 2.250%		3.819		12/08/23		136,476
	20,927	i	Mission Broadcasting, Inc	LIBOR 1 M + 2.500%		3.860		01/17/24		20,972
	166,189	i	Nexstar Broadcasting, Inc	LIBOR 1 M + 2.500%		3.860		01/17/24		166,545
	1,485,038	i	Nielsen Finance LLC	LIBOR 1 M + 2.000%		3.430		10/04/23		1,490,606
	250,000	i	Virgin Media Bristol LLC	LIBOR 1 M + 2.500%		3.980		01/15/26		249,845
			TOTAL MEDIA							5,655,966
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	623,438	i	Alphabet Holding Co, Inc	LIBOR 1 M + 3.500%		5.070		09/26/24		602,396
	153,024	i	Quintiles IMS, Inc	LIBOR 3 M + 2.000%		3.690		03/07/24		153,570
	431,040	i	Vizient, Inc	LIBOR 1 M + 3.500%		5.070		02/13/23		432,334
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES							1,188,300
REAL ESTATE - 0.0%
	227,054	i	DTZ US Borrower LLC	LIBOR 1 and 3 M + 3.250%		4.730		11/04/21		223,891
			TOTAL REAL ESTATE							223,891

5

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
RETAILING - 0.1%
$	2,959,595	i	PetSmart, Inc	LIBOR 1 M + 3.000%		4.570	%	03/11/22	$	2,359,359
			TOTAL RETAILING							2,359,359
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.0%
	1,481,250	i	Versum Materials, Inc	LIBOR 3 M + 2.000%		3.693		09/29/23		1,488,286
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT							1,488,286
SOFTWARE & SERVICES - 0.1%
	622,371	i	CSRA, Inc	LIBOR 2 M + 3.000%		3.693		11/30/23		624,549
	964,068	i	First Data Corp	LIBOR 1 M + 2.250%		3.800		07/08/22		964,598
	1,139,915	i	First Data Corp	LIBOR 1 M + 2.250%		3.821		04/26/24		1,140,120
	694,030	i	Mitchell International, Inc	LIBOR 3 M + 3.250%		4.943		11/20/24		693,412
	14,529	i	SS&C European Holdings SARL	LIBOR 1 M + 2.250%		3.819		07/08/22		14,626
	773,616	i	SS&C Technologies, Inc	LIBOR 1 M + 2.250%		3.819		07/08/22		778,776
			TOTAL SOFTWARE & SERVICES							4,216,081
TECHNOLOGY HARDWARE & EQUIPMENT - 0.1%
	1,485,000	i	Abacus Innovations Corp	LIBOR 1 M + 2.000%		3.630		08/16/23		1,497,073
	797,625	i	CommScope, Inc	LIBOR 1 and 3 M + 2.000%		3.383		12/29/22		801,278
	284,260	i	MTS Systems Corp	LIBOR 1 M + 3.250%		4.690		07/05/23		286,392
	867,100	i	Sensata Technologies BV	LIBOR 1 M + 1.750%		3.210		10/14/21		870,144
	267,278	i	Zebra Technologies Corp	LIBOR 3 M + 2.000%		3.371		10/27/21		268,296
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT							3,723,183
TELECOMMUNICATION SERVICES - 0.0%
	393,030	i	CNT Holdings III Corp	LIBOR 2 M + 3.250%		4.880		01/22/23		379,274
			TOTAL TELECOMMUNICATION SERVICES							379,274
TRANSPORTATION - 0.1%
	979,798	i	American Airlines, Inc	LIBOR 1 M + 2.000%		3.430		10/10/21		980,327
	1,485,000	i	American Airlines, Inc	LIBOR 1 M + 2.000%		3.477		12/14/23		1,482,401
	441,419	i	Kenan Advantage Group, Inc	LIBOR 1 M + 3.000%		4.000		07/31/22		442,337
	1,451,392	i	Kenan Advantage Group, Inc	LIBOR 1 M + 3.000%		4.570		08/01/22		1,454,411
	248,125	i	Vouvray US Finance, LLC	LIBOR 1 M + 3.000%		4.570		03/11/24		246,679
			TOTAL TRANSPORTATION							4,606,155
UTILITIES - 0.1%
	748,747	i	Dynegy, Inc	LIBOR 1 M + 2.750%		4.250		02/07/24		751,869
	987,469	i	NRG Energy, Inc	LIBOR 3 M + 2.250%		3.940		06/30/23		987,696
	495,009	i	Talen Energy Supply LLC	LIBOR 1 M + 4.000%		5.570		07/14/23		497,999
	142,857	i	Vistra Operations Co LLC	LIBOR 3 M + 2.500%		3.830		08/04/23		143,571
	806,143	i	Vistra Operations Co LLC	LIBOR 1 and 3 M + 2.500%		3.980		08/04/23		810,174
			TOTAL UTILITIES							3,191,309
			TOTAL BANK LOAN OBLIGATIONS							59,353,068
			(Cost $60,016,152)

6

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
BONDS - 94.6%
CORPORATE BONDS - 34.4%
AUTOMOBILES & COMPONENTS - 0.6%
$	120,000	g	Adient Global Holdings Ltd			4.875	%	08/15/26	$	123,300
	480,000	g	Allison Transmission, Inc			5.000		10/01/24		495,000
	1,125,000		Aptiv plc			3.150		11/19/20		1,142,293
	4,950,000	g	BMW US Capital LLC			2.000		04/11/21		4,879,097
	450,000	g	Dana Financing Luxembourg Sarl			6.500		06/01/26		487,688
	500,000	g	Gates Global LLC			6.000		07/15/22		511,250
	3,550,000		General Motors Co			4.200		10/01/27		3,673,055
	1,700,000		General Motors Co			6.600		04/01/36		2,069,975
	825,000		General Motors Co			6.250		10/02/43		976,438
	475,000		General Motors Co			6.750		04/01/46		597,590
	2,050,000		General Motors Co			5.400		04/01/48		2,234,092
	150,000		Goodyear Tire & Rubber Co			5.000		05/31/26		154,665
	1,100,000	g	Hyundai Capital America			2.600		03/19/20		1,090,972
	2,600,000	g	Hyundai Capital America			2.550		04/03/20		2,578,629
	1,500,000	g	Hyundai Capital America			3.250		09/20/22		1,498,035
	2,000,000	g	Hyundai Capital America			2.750		09/27/26		1,843,139
	2,000,000	g	Hyundai Capital Services, Inc			3.000		03/06/22		1,970,148
	700,000	g,o	IHO Verwaltungs GmbH			4.125		09/15/21		712,250
	1,750,000		Magna International, Inc			3.625		06/15/24		1,809,119
	200,000		Tenneco, Inc			5.000		07/15/26		205,000
			TOTAL AUTOMOBILES & COMPONENTS							29,051,735
BANKS - 5.8%
	1,900,000	g,i	Akbank TAS	USD SWAP SEMI 30/360 5 Y + 5.026%		7.200		03/16/27		2,000,605
	1,750,000		Australia & New Zealand Banking Group Ltd			2.625		05/19/22		1,744,080
	1,500,000	g	Banco de Bogota S.A.			6.250		05/12/26		1,617,450
	2,000,000	g	Banco de Bogota S.A.			4.375		08/03/27		1,995,000
	4,650,000	g	Banco General S.A.			4.125		08/07/27		4,650,837
	1,900,000	g	Banco Nacional de Comercio Exterior SNC			4.375		10/14/25		1,976,000
	2,000,000		Banco Santander S.A.			3.125		02/23/23		1,989,536
	1,200,000		Banco Santander S.A.			3.800		02/23/28		1,199,800
	9,475,000		Bank of America Corp			2.151		11/09/20		9,430,902
	2,450,000		Bank of America Corp			3.875		08/01/25		2,583,707
	10,450,000		Bank of America Corp			3.248		10/21/27		10,366,561
	10,525,000		Bank of America Corp			3.593		07/21/28		10,695,011
	2,075,000	g	Bank of America Corp			3.419		12/20/28		2,074,806
	3,750,000	i	Bank of Montreal	USD SWAP SEMI 30/360 5 Y + 1.432%		3.803		12/15/32		3,707,362
	2,025,000		Bank of Nova Scotia			4.650		12/30/49		2,012,951
	3,375,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd			2.350		09/08/19		3,374,983
	1,500,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd			3.250		09/08/24		1,521,146
	1,700,000		Barclays plc			3.650		03/16/25		1,696,911
	1,025,000	g	BPCE S.A.			3.000		05/22/22		1,024,438
	650,000		Branch Banking & Trust Co			2.300		10/15/18		651,199
	2,550,000		Capital One Bank USA NA			2.950		07/23/21		2,564,932
	3,075,000		Capital One Bank USA NA			2.650		08/08/22		3,042,404
	1,068,000		Capital One Bank USA NA			3.375		02/15/23		1,078,387
	10,975,000		Citigroup, Inc			3.200		10/21/26		10,886,205
	6,800,000		Citigroup, Inc			3.668		07/24/28		6,896,901

7

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	2,000,000		Citigroup, Inc			4.125	%	07/25/28	$	2,060,663
	2,225,000		Citizens Bank NA			2.650		05/26/22		2,204,374
	2,050,000		Compass Bank			2.875		06/29/22		2,028,306
	375,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA			3.950		11/09/22		390,922
	3,350,000		Cooperatieve Rabobank UA			2.500		01/19/21		3,365,033
	6,925,000		Cooperatieve Rabobank UA			3.750		07/21/26		7,013,401
	1,250,000	g	Credit Agricole S.A.			2.500		04/15/19		1,254,078
	1,425,000	g	Credit Agricole S.A.			2.375		07/01/21		1,414,863
	7,475,000	g	Credit Agricole S.A.			3.250		10/04/24		7,423,006
	1,000,000		Discover Bank			3.200		08/09/21		1,014,335
	5,400,000		Discover Bank			3.450		07/27/26		5,329,175
	1,320,000	g	HSBC Bank plc			4.125		08/12/20		1,375,887
	4,625,000		HSBC Holdings plc			2.650		01/05/22		4,593,770
	2,050,000		HSBC Holdings plc			3.262		03/13/23		2,078,289
	1,475,000		HSBC Holdings plc			3.033		11/22/23		1,477,765
	1,250,000		HSBC Holdings plc			3.900		05/25/26		1,296,084
	2,300,000		HSBC Holdings plc			4.375		11/23/26		2,400,592
	2,025,000		HSBC Holdings plc			4.041		03/13/28		2,109,737
	1,025,000	i	HSBC Holdings plc	USD ICE SWAP 11:00 NY 5 Y + 3.746%		6.000		12/30/49		1,077,531
	4,100,000		Huntington National Bank			2.500		08/07/22		4,043,438
	5,000,000	g	Intercorp Financial Services, Inc			4.125		10/19/27		4,906,250
	8,700,000		JPMorgan Chase & Co			2.750		06/23/20		8,775,420
	8,550,000		JPMorgan Chase & Co			2.295		08/15/21		8,472,537
	3,425,000	i	JPMorgan Chase & Co	LIBOR 3 M + 0.935%		2.776		04/25/23		3,427,896
	5,250,000		JPMorgan Chase & Co			3.200		06/15/26		5,245,767
	3,975,000		JPMorgan Chase & Co			2.950		10/01/26		3,903,309
	1,825,000	i	JPMorgan Chase & Co	LIBOR 3 M + 1.360%		3.882		07/24/38		1,883,790
	750,000	i	JPMorgan Chase & Co	LIBOR 3 M + 3.250%		5.150		12/30/49		775,350
	2,945,000		KeyBank NA			2.500		12/15/19		2,953,325
	2,250,000		KeyBank NA			2.300		09/14/22		2,205,425
	900,000	g	Macquarie Bank Ltd			2.600		06/24/19		902,353
	2,550,000		Manufacturers & Traders Trust Co			2.100		02/06/20		2,541,443
	3,000,000		Mitsubishi UFJ Financial Group, Inc			3.287		07/25/27		2,985,392
	4,175,000	g	Mitsubishi UFJ Trust & Banking Corp			2.450		10/16/19		4,181,140
	2,075,000		PNC Bank NA			2.200		01/28/19		2,075,502
	4,150,000		PNC Bank NA			2.600		07/21/20		4,176,144
	1,800,000		PNC Bank NA			2.450		11/05/20		1,802,567
	1,750,000		PNC Bank NA			2.700		11/01/22		1,741,152
	3,050,000		PNC Bank NA			2.950		01/30/23		3,069,791
	3,000,000		PNC Bank NA			3.100		10/25/27		2,991,315
	1,500,000		PNC Financial Services Group, Inc			3.900		04/29/24		1,570,330
	835,000	g	Rabobank Nederland NV			11.000		12/30/49		933,112
	3,125,000	g	Santander Holdings USA, Inc			3.400		01/18/23		3,112,386
	1,525,000	g	Santander Holdings USA, Inc			4.400		07/13/27		1,559,102
	900,000		Santander UK Group Holdings plc			3.571		01/10/23		912,867
	3,600,000	g	Skandinaviska Enskilda Banken AB			2.625		11/17/20		3,614,843
	1,025,000		Sumitomo Mitsui Banking Corp			2.500		07/19/18		1,028,619
	1,700,000		Sumitomo Mitsui Banking Corp			2.450		01/16/20		1,700,449
	900,000		Sumitomo Mitsui Banking Corp			3.650		07/23/25		932,183

8

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	8,150,000		Sumitomo Mitsui Financial Group, Inc			2.442	%	10/19/21	$	8,063,261
	1,675,000		SunTrust Banks, Inc			2.900		03/03/21		1,693,598
	1,075,000		SunTrust Banks, Inc			2.750		05/01/23		1,064,998
	875,000		Synchrony Bank			3.000		06/15/22		871,327
	2,100,000	g	TC Ziraat Bankasi AS.			5.125		09/29/23		2,046,005
	3,350,000		Toronto-Dominion Bank			1.850		09/11/20		3,312,728
	1,300,000	i	Toronto-Dominion Bank	USD SWAP SEMI 30/360 5 Y + 2.205%		3.625		09/15/31		1,296,136
	2,500,000	g,i	Turkiye Garanti Bankasi AS.	USD SWAP SEMI 30/360 5 Y + 4.220%		6.125		05/24/27		2,495,065
	2,300,000	g	Turkiye Is Bankasi			6.125		04/25/24		2,319,798
	1,050,000	g	UBS AG.			2.450		12/01/20		1,046,834
	1,550,000		UnionBanCal Corp			3.500		06/18/22		1,588,652
	4,135,000		US Bank NA			2.800		01/27/25		4,106,150
	5,100,000	i	Westpac Banking Corp	USD ICE SWAP 11:00 NY 5 Y + 2.236%		4.322		11/23/31		5,253,172
	1,200,000	i	Westpac Banking Corp	USD ICE SWAP 11:00 NY 5 Y + 2.888%		5.000		12/30/49		1,196,423
	2,400,000	g	Yapi ve Kredi Bankasi AS.			5.850		06/21/24		2,399,470
			TOTAL BANKS							267,866,739
CAPITAL GOODS - 0.8%
	1,425,000		Air Lease Corp			3.875		04/01/21		1,475,847
	500,000		Anixter, Inc			5.500		03/01/23		538,275
	675,000	g	Cleaver-Brooks, Inc			7.875		03/01/23		691,875
	225,000	g	Cloud Crane LLC			10.125		08/01/24		253,688
	675,000		Eaton Corp			4.000		11/02/32		696,693
	525,000		Ingersoll-Rand Luxembourg Finance S.A.			4.650		11/01/44		580,753
	2,075,000		Lockheed Martin Corp			2.500		11/23/20		2,088,103
	1,275,000		Lockheed Martin Corp			3.550		01/15/26		1,323,598
	200,000		Manitowoc Foodservice, Inc			9.500		02/15/24		227,750
	1,625,000	g	Molex Electronic Technologies LLC			2.878		04/15/20		1,625,258
	2,503,000	g	Molex Electronic Technologies LLC			3.900		04/15/25		2,551,616
	2,200,000	g	Myriad International Holdings BV			4.850		07/06/27		2,281,184
	3,025,000		Parker-Hannifin Corp			3.250		03/01/27		3,050,818
	650,000		Parker-Hannifin Corp			4.100		03/01/47		698,029
	2,775,000		Rockwell Collins, Inc			3.500		03/15/27		2,824,645
	2,125,000		Roper Technologies, Inc			3.800		12/15/26		2,190,818
	4,200,000	g	Siemens Financieringsmaatschappij NV			2.350		10/15/26		3,966,002
	790,000	g	Stena AB			7.000		02/01/24		742,106
	950,000		Textron, Inc			3.875		03/01/25		984,552
	2,775,000		Timken Co			3.875		09/01/24		2,792,238
	1,945,000	g	TSMC Global Ltd			1.625		04/03/18		1,941,540
	4,875,000		United Technologies Corp			3.750		11/01/46		4,878,045
			TOTAL CAPITAL GOODS							38,403,433
COMMERCIAL & PROFESSIONAL SERVICES - 0.5%
	500,000		ADT Corp			4.125		06/15/23		500,000
	225,000		AECOM			5.750		10/15/22		234,562
	575,000		AECOM			5.875		10/15/24		622,840
	1,000,000		AECOM			5.125		03/15/27		1,018,650

9

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	250,000	g	Ashtead Capital, Inc			4.375	%	08/15/27	$	253,750
	375,000		Clean Harbors, Inc			5.125		06/01/21		378,750
	700,000	g	Herc Rentals, Inc			7.750		06/01/24		768,250
	250,000	g	Iron Mountain, Inc			4.875		09/15/27		250,000
	400,000	g	KAR Auction Services, Inc			5.125		06/01/25		410,000
	2,000,000	g,i	Nakama Re Ltd	LIBOR 6 M + 1.820%		3.329		10/13/21		2,028,000
	1,495,000		Republic Services, Inc			3.800		05/15/18		1,505,332
	3,400,000		Republic Services, Inc			3.550		06/01/22		3,504,543
	2,225,000		Republic Services, Inc			2.900		07/01/26		2,178,088
	100,000	g	Ritchie Bros Auctioneers, Inc			5.375		01/15/25		103,250
	650,000		United Rentals North America, Inc			5.500		07/15/25		689,000
	1,200,000		United Rentals North America, Inc			4.875		01/15/28		1,206,000
	2,000,000		Visa, Inc			3.650		09/15/47		2,049,902
	1,800,000		Waste Management, Inc			2.900		09/15/22		1,809,955
	475,000		Waste Management, Inc			2.400		05/15/23		465,710
	3,025,000		Waste Management, Inc			3.150		11/15/27		3,022,348
	500,000		Waste Management, Inc			3.900		03/01/35		523,824
	550,000		Waste Management, Inc			4.100		03/01/45		590,080
	200,000	g	XPO Logistics, Inc			6.500		06/15/22		208,750
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES							24,321,584
CONSUMER DURABLES & APPAREL - 0.2%
	1,000,000	g	Hanesbrands, Inc			4.875		05/15/26		1,025,000
	500,000		Lennar Corp			4.750		04/01/21		520,000
	1,450,000		Lennar Corp			4.500		04/30/24		1,486,685
	3,700,000		Newell Rubbermaid, Inc			4.200		04/01/26		3,863,347
	200,000		PulteGroup, Inc			5.500		03/01/26		217,500
	1,100,000		PVH Corp			4.500		12/15/22		1,124,530
	940,000		Standard Pacific Corp			5.875		11/15/24		1,044,857
			TOTAL CONSUMER DURABLES & APPAREL							9,281,919
CONSUMER SERVICES - 0.3%
	650,000	g	1011778 BC ULC / New Red Finance Inc			4.250		05/15/24		648,375
	250,000		ADT Corp			6.250		10/15/21		273,750
	1,175,000	g	Aramark Services, Inc			5.000		04/01/25		1,241,152
	300,000		Aramark Services, Inc			4.750		06/01/26		304,500
	200,000		Boyd Gaming Corp			6.375		04/01/26		215,500
	1,200,000	g	Cott Holdings, Inc			5.500		04/01/25		1,234,500
	4,000,000		George Washington University			3.545		09/15/46		3,857,580
	200,000		Hilton Domestic Operating Co, Inc			4.250		09/01/24		202,000
	750,000		Hilton Worldwide Finance LLC			4.625		04/01/25		770,625
	1,000,000	g	International Game Technology			6.500		02/15/25		1,117,500
	480,000	g	KFC Holding Co			4.750		06/01/27		490,800
	1,600,000	g	Prime Security Services Borrower LLC			9.250		05/15/23		1,776,000
	500,000		Scientific Games International, Inc			10.000		12/01/22		548,750
	700,000	g	ServiceMaster Co LLC			5.125		11/15/24		708,750
	600,000		Speedway Motorsports, Inc			5.125		02/01/23		619,500
	1,600,000		Trustees of Dartmouth College			3.474		06/01/46		1,648,724
			TOTAL CONSUMER SERVICES							15,658,006
DIVERSIFIED FINANCIALS - 4.1%
	600,000		AerCap Ireland Capital Ltd			5.000		10/01/21		639,525
	1,400,000		Aircastle Ltd			4.125		05/01/24		1,421,000

10

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	3,375,000		American Express Co			2.500	%	08/01/22	$	3,333,824
	1,025,000		American Express Credit Corp			2.700		03/03/22		1,028,204
	3,075,000		American Express Credit Corp			3.300		05/03/27		3,119,514
	580,000		Bank of New York Mellon Corp			5.450		05/15/19		605,527
	2,575,000		Bank of New York Mellon Corp			2.500		04/15/21		2,580,556
	2,525,000	g	Bayer US Finance LLC			2.375		10/08/19		2,526,123
	455,000	g,i	BBVA Bancomer S.A.	DGS5 + 3.000%		5.350		11/12/29		452,725
	3,075,000		Berkshire Hathaway, Inc			3.125		03/15/26		3,108,984
	3,025,000		Capital One Financial Corp			3.300		10/30/24		3,013,357
	2,500,000	g	Credit Suisse Group AG.			2.997		12/14/23		2,470,293
	2,475,000	g	Credit Suisse Group AG.			4.282		01/09/28		2,579,726
	3,950,000		Credit Suisse Group Funding Guernsey Ltd			3.800		06/09/23		4,073,003
	1,650,000		Credit Suisse Group Funding Guernsey Ltd			3.750		03/26/25		1,683,249
	8,225,000	g	Daimler Finance North America LLC			2.200		10/30/21		8,076,515
	2,300,000	g	EDP Finance BV			3.625		07/15/24		2,317,390
	9,250,000		Ford Motor Credit Co LLC			2.597		11/04/19		9,254,992
	4,100,000		Ford Motor Credit Co LLC			3.200		01/15/21		4,157,021
	2,600,000		Ford Motor Credit Co LLC			3.339		03/28/22		2,629,797
	4,025,000		Ford Motor Credit Co LLC			3.815		11/02/27		4,024,848
	10,313,000		GE Capital International Funding Co			2.342		11/15/20		10,264,683
	825,000		GE Capital International Funding Co			4.418		11/15/35		892,239
	232,000		General Electric Capital Corp			6.875		01/10/39		334,072
	2,050,000		General Motors Financial Co, Inc			3.950		04/13/24		2,110,018
	4,650,000		Goldman Sachs Group, Inc			3.500		01/23/25		4,722,573
	15,650,000		Goldman Sachs Group, Inc			3.691		06/05/28		15,871,644
	1,900,000		Goldman Sachs Group, Inc			4.017		10/31/38		1,952,456
	600,000		Goldman Sachs Group, Inc			4.800		07/08/44		683,741
	2,000,000	g	GrupoSura Finance S.A.			5.500		04/29/26		2,167,500
	2,250,000	g	GTH Finance BV			7.250		04/26/23		2,529,000
	1,900,000	g	Icahn Enterprises LP			6.250		02/01/22		1,942,750
	2,000,000		ICICI Bank Ltd			3.125		08/12/20		2,002,164
	6,675,000	g	ICICI Bank Ltd			3.800		12/14/27		6,590,842
	1,900,000		International Lease Finance Corp			5.875		08/15/22		2,104,685
	350,000		Legg Mason, Inc			2.700		07/15/19		350,969
	475,000		Legg Mason, Inc			3.950		07/15/24		485,849
	250,000	g	Lincoln Finance Ltd			7.375		04/15/21		260,625
	2,650,000		Morgan Stanley			1.875		01/05/18		2,649,952
	2,800,000		Morgan Stanley			2.750		05/19/22		2,789,372
	5,475,000		Morgan Stanley			3.700		10/23/24		5,656,220
	6,075,000		Morgan Stanley			3.125		07/27/26		5,990,312
	5,225,000		Morgan Stanley			3.625		01/20/27		5,346,039
	565,000		National Rural Utilities Cooperative Finance Corp			10.375		11/01/18		603,600
	135,000		Navient Corp			6.625		07/26/21		142,425
	2,000,000	g	Nederlandse Waterschapsbank NV			2.125		11/15/21		1,982,378
	1,500,000		ORIX Corp			3.250		12/04/24		1,494,866
	1,775,000	g	Quicken Loans, Inc			5.250		01/15/28		1,752,280
	2,050,000		Raymond James Financial, Inc			4.950		07/15/46		2,315,571
	8,500,000		Shire Acquisitions Investments Ireland DAC			3.200		09/23/26		8,308,596
	2,075,000		TD Ameritrade Holding Corp			3.300		04/01/27		2,093,263
	1,650,000	g	UBS Group Funding Jersey Ltd			2.950		09/24/20		1,667,074
	5,925,000	g	UBS Group Funding Jersey Ltd			2.650		02/01/22		5,857,221
	3,075,000		Unilever Capital Corp			2.900		05/05/27		3,046,776

11

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	11,475,000		Wells Fargo & Co			2.625	%	07/22/22	$	11,411,791
	6,850,000		Wells Fargo & Co			3.069		01/24/23		6,900,605
	3,300,000		Wells Fargo & Co			3.584		05/22/28		3,363,227
			TOTAL DIVERSIFIED FINANCIALS							191,733,551
ENERGY - 2.8%
	2,150,000	g	Abu Dhabi Crude Oil Pipeline LLC			3.650		11/02/29		2,130,171
	1,450,000	g	Abu Dhabi Crude Oil Pipeline LLC			4.600		11/02/47		1,487,549
	875,000		AmeriGas Partners LP			5.625		05/20/24		910,000
	1,075,000		AmeriGas Partners LP			5.875		08/20/26		1,107,250
	2,050,000		Anadarko Petroleum Corp			5.550		03/15/26		2,299,517
	875,000		Andeavor Logistics LP			4.250		12/01/27		882,255
	1,000,000		Andeavor Logistics LP			5.200		12/01/47		1,042,069
	3,050,000		BP Capital Markets plc			1.375		05/10/18		3,045,336
	3,400,000		BP Capital Markets plc			2.315		02/13/20		3,408,076
	1,200,000		BP Capital Markets plc			2.520		09/19/22		1,193,873
	3,000,000		BP Capital Markets plc			3.588		04/14/27		3,103,719
	2,050,000		BP Capital Markets plc			3.279		09/19/27		2,074,578
	74,000	g	California Resources Corp			8.000		12/15/22		61,050
	58,000	†	California Resources Corp			6.000		11/15/24		40,310
	275,000		Calumet Specialty Products Partners LP			6.500		04/15/21		273,625
	3,000,000		Canadian Natural Resources Ltd			3.850		06/01/27		3,061,141
	2,050,000		Cenovus Energy, Inc			5.400		06/15/47		2,155,493
	90,000		Cheniere Corpus Christi Holdings LLC			7.000		06/30/24		102,431
	750,000		Cheniere Corpus Christi Holdings LLC			5.875		03/31/25		812,812
	1,350,000	g	Continental Resources, Inc			4.375		01/15/28		1,332,720
	1,125,000		Crestwood Midstream Partners LP			5.750		04/01/25		1,161,562
	2,000,000		Devon Energy Corp			4.750		05/15/42		2,116,087
	3,000,000		Ecopetrol S.A.			5.375		06/26/26		3,239,100
	1,250,000		Enterprise Products Operating LLC			3.700		02/15/26		1,279,606
	900,000		Enterprise Products Operating LLC			4.450		02/15/43		930,894
	950,000		Enterprise Products Operating LLC			4.850		03/15/44		1,040,421
	3,808,000	i	Enterprise Products Operating LLC	LIBOR 3 M + 2.680%		7.034		01/15/68		3,808,000
	675,000	†	EP Energy LLC			6.375		06/15/23		364,500
	3,025,000		EQT Corp			3.900		10/01/27		3,006,361
	1,425,000		Exterran Partners LP			6.000		10/01/22		1,425,000
	50,000		Exxon Mobil Corp			2.222		03/01/21		49,880
	1,100,000		Genesis Energy LP			6.500		10/01/25		1,116,500
	2,125,000		Genesis Energy LP			6.250		05/15/26		2,117,031
	1,450,000	g	Hess Infrastructure Partners LP			5.625		02/15/26		1,497,125
	1,500,000		Husky Energy, Inc			3.950		04/15/22		1,551,757
	775,000		Kinder Morgan, Inc			9.000		02/01/19		827,337
	535,000		Kinder Morgan, Inc			5.300		12/01/34		570,367
	1,250,000		Kinder Morgan, Inc			5.400		09/01/44		1,320,523
	1,000,000		Magellan Midstream Partners LP			4.200		10/03/47		1,007,368
	1,250,000		Marathon Oil Corp			2.700		06/01/20		1,250,096
	1,000,000		Marathon Oil Corp			5.200		06/01/45		1,107,459
	1,000,000		Marathon Petroleum Corp			4.750		09/15/44		1,043,947
	125,000		Murphy Oil Corp			6.875		08/15/24		133,438
	200,000		Murphy Oil USA, Inc			5.625		05/01/27		210,040
	1,200,000		Newfield Exploration Co			5.750		01/30/22		1,281,000
	125,000	g	NGPL PipeCo LLC			4.375		08/15/22		127,109
	518,000		Noble Energy, Inc			5.625		05/01/21		532,082

12

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		Noble Energy, Inc		3.900	%	11/15/24	$	308,387
	3,000,000		Noble Energy, Inc		3.850		01/15/28		3,008,275
	500,000		Noble Energy, Inc		4.950		08/15/47		534,608
	2,150,000		ONE Gas, Inc		2.070		02/01/19		2,150,337
	700,000		ONE Gas, Inc		3.610		02/01/24		725,530
	800,000		ONEOK, Inc		4.000		07/13/27		810,593
	500,000	m	Peabody Energy Corp		6.000		11/15/18		0
	2,925,000	g	Pertamina Persero PT		4.300		05/20/23		3,057,464
	2,000,000	g	Pertamina Persero PT		5.625		05/20/43		2,174,854
	3,320,000		Petrobras Global Finance BV		6.125		01/17/22		3,523,350
	1,167,000	g	Petrobras Global Finance BV		5.999		01/27/28		1,169,918
	300,000		Petrobras Global Finance BV		7.250		03/17/44		312,000
	1,500,000		Petroleos Mexicanos		3.500		07/23/20		1,520,250
	2,050,000		Petroleos Mexicanos		6.375		02/04/21		2,228,350
	2,050,000		Petroleos Mexicanos		3.500		01/30/23		2,006,950
	800,000		Petroleos Mexicanos		4.250		01/15/25		795,200
	3,050,000	g	Petroleos Mexicanos		6.500		03/13/27		3,333,650
	1,075,000		Petroleos Mexicanos		5.625		01/23/46		994,913
	1,000,000		Petroleos Mexicanos		6.750		09/21/47		1,043,850
	615,000		Pioneer Natural Resources Co		7.500		01/15/20		674,509
	2,125,000		Pioneer Natural Resources Co		3.450		01/15/21		2,167,597
	1,675,000		Pioneer Natural Resources Co		4.450		01/15/26		1,794,890
	1,000,000		QEP Resources, Inc		5.375		10/01/22		1,022,500
	1,000,000		Range Resources Corp		5.750		06/01/21		1,037,500
	450,000		Regency Energy Partners LP		4.500		11/01/23		465,839
	2,125,000	g	Reliance Holdings USA		5.400		02/14/22		2,307,739
	2,500,000	g	Reliance Industries Ltd		3.667		11/30/27		2,473,943
	500,000		Sabine Pass Liquefaction LLC		6.250		03/15/22		556,256
	3,125,000		Sabine Pass Liquefaction LLC		4.200		03/15/28		3,160,892
	1,325,000		Shell International Finance BV		3.250		05/11/25		1,361,359
	1,750,000		Shell International Finance BV		4.000		05/10/46		1,862,049
	2,000,000		Southwestern Energy Co		4.100		03/15/22		1,970,000
	675,000		Statoil ASA		1.200		01/17/18		674,820
	1,700,000		Statoil ASA		2.450		01/17/23		1,689,653
	2,075,000		Suncor Energy, Inc		4.000		11/15/47		2,121,567
	1,975,000		Sunoco Logistics Partners Operations LP		4.000		10/01/27		1,936,019
	125,000		Targa Resources Partners LP		5.125		02/01/25		127,969
	90,000		Tesoro Logistics LP		6.375		05/01/24		97,650
	550,000		Tesoro Logistics LP		5.250		01/15/25		578,435
	870,000		TransCanada PipeLines Ltd		5.850		03/15/36		1,090,389
	175,000	g	Transocean, Inc		7.500		01/15/26		179,209
	1,000,000		Vale Overseas Ltd		6.250		08/10/26		1,158,500
	480,000		Vale Overseas Ltd		6.875		11/21/36		588,000
	400,000	g	Whiting Petroleum Corp		6.625		01/15/26		408,000
	500,000		WPX Energy, Inc		6.000		01/15/22		522,500
	2,100,000	g	YPF S.A.		6.950		07/21/27		2,229,150
	3,250,000	g	YPF S.A.		7.000		12/15/47		3,220,750
			TOTAL ENERGY						131,814,728
FOOD & STAPLES RETAILING - 0.3%
	255,000		Albertsons Cos LLC		6.625		06/15/24		243,525
	5,425,000		CVS Health Corp		2.875		06/01/26		5,199,862
	1,600,000		Ingles Markets, Inc		5.750		06/15/23		1,620,000

13

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,750,000		Kroger Co		3.700	%	08/01/27	$	1,771,513
	1,500,000		SYSCO Corp		3.250		07/15/27		1,494,504
	1,000,000		Walgreens Boots Alliance, Inc		3.800		11/18/24		1,021,035
	1,350,000		Walgreens Boots Alliance, Inc		3.450		06/01/26		1,334,600
			TOTAL FOOD & STAPLES RETAILING						12,685,039
FOOD, BEVERAGE & TOBACCO - 0.8%
	3,350,000		Anheuser-Busch InBev Finance, Inc		2.650		02/01/21		3,366,514
	1,575,000		Anheuser-Busch InBev Finance, Inc		3.300		02/01/23		1,611,464
	1,075,000		Anheuser-Busch InBev Finance, Inc		3.650		02/01/26		1,109,099
	1,450,000		Anheuser-Busch InBev Worldwide, Inc		2.500		07/15/22		1,438,816
	3,225,000		Anheuser-Busch InBev Worldwide, Inc		4.950		01/15/42		3,729,937
	4,100,000	g	BAT Capital Corp		3.557		08/15/27		4,104,101
	3,050,000		Constellation Brands, Inc		6.000		05/01/22		3,427,594
	2,000,000	g	Cosan Ltd		5.950		09/20/24		2,052,500
	2,000,000	g	Grupo Bimbo SAB de C.V.		4.700		11/10/47		2,018,420
	2,675,000	g	Heineken NV		3.500		01/29/28		2,728,221
	1,150,000	g	Heineken NV		4.350		03/29/47		1,263,731
	86,000	g	Lamb Weston Holdings, Inc		4.625		11/01/24		88,580
	100,000	g	Lamb Weston Holdings, Inc		4.875		11/01/26		104,500
	900,000		Mead Johnson Nutrition Co		3.000		11/15/20		913,413
	4,475,000		PepsiCo, Inc		3.450		10/06/46		4,337,007
	1,475,000	g	Pernod-Ricard S.A.		4.250		07/15/22		1,561,804
	200,000		Philip Morris International, Inc		6.375		05/16/38		270,461
	2,000,000		Tyson Foods, Inc		3.550		06/02/27		2,047,333
			TOTAL FOOD, BEVERAGE & TOBACCO						36,173,495
HEALTH CARE EQUIPMENT & SERVICES - 0.9%
	2,250,000		Anthem, Inc		3.650		12/01/27		2,292,804
	5,350,000		Becton Dickinson and Co		3.700		06/06/27		5,389,717
	4,275,000		Cardinal Health, Inc		3.410		06/15/27		4,183,333
	500,000	g	Change Healthcare Holdings LLC		5.750		03/01/25		500,000
	775,000		CHS/Community Health Systems		6.250		03/31/23		697,500
	750,000		Covidien International Finance S.A.		3.200		06/15/22		766,473
	4,500,000		Express Scripts Holding Co		3.400		03/01/27		4,414,644
	2,200,000		HCA, Inc		6.500		02/15/20		2,332,000
	500,000		HCA, Inc		4.500		02/15/27		502,500
	1,000,000		HealthSouth Corp		5.125		03/15/23		1,022,500
	500,000		HealthSouth Corp		5.750		09/15/25		520,000
	695,000		LifePoint Health, Inc		5.375		05/01/24		689,787
	1,000,000		LifePoint Hospitals, Inc		5.500		12/01/21		1,020,000
	4,725,000		Medtronic, Inc		4.625		03/15/45		5,499,869
	1,000,000		MPT Operating Partnership LP		5.000		10/15/27		1,018,750
	700,000	g	New Amethyst Corp		6.250		12/01/24		721,000
	1,100,000	g	Tenet Healthcare Corp		4.625		07/15/24		1,072,500
	525,000		Thermo Fisher Scientific, Inc		2.400		02/01/19		526,244
	825,000		Thermo Fisher Scientific, Inc		3.150		01/15/23		835,194
	1,800,000		Thermo Fisher Scientific, Inc		2.950		09/19/26		1,748,589
	2,575,000		Thermo Fisher Scientific, Inc		3.200		08/15/27		2,551,429
	1,470,000		Zimmer Holdings, Inc		3.550		04/01/25		1,468,681
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						39,773,514

14

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
$	400,000		Ecolab, Inc			2.700	%	11/01/26	$	383,338
	375,000		Ecolab, Inc			3.700		11/01/46		362,909
	2,025,000		Procter & Gamble Co			3.500		10/25/47		2,042,645
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS							2,788,892
INSURANCE - 1.3%
	3,900,000		ACE INA Holdings, Inc			2.875		11/03/22		3,952,579
	285,000		Aetna, Inc			6.625		06/15/36		378,862
	1,700,000		Allstate Corp			3.280		12/15/26		1,725,152
	2,400,000		Allstate Corp			5.750		08/15/53		2,618,400
	975,000		American Financial Group, Inc			3.500		08/15/26		966,024
	1,675,000		American International Group, Inc			2.300		07/16/19		1,673,582
	5,800,000		American International Group, Inc			3.300		03/01/21		5,912,140
	665,000		Aon plc			3.500		06/14/24		679,329
	2,550,000		Aon plc			3.875		12/15/25		2,665,494
	1,800,000		Children’s Hospital Medic			4.268		05/15/44		1,957,837
	1,100,000		CNA Financial Corp			3.950		05/15/24		1,144,608
	975,000		CNA Financial Corp			3.450		08/15/27		960,534
	7,500,000	g,i	Cranberry RE Ltd	LIBOR 6 M + 1.600%		3.335		07/13/20		7,505,250
	2,300,000	g	Five Corners Funding Trust			4.419		11/15/23		2,464,355
	350,000		Hartford Financial Services Group, Inc			4.300		04/15/43		374,748
	1,875,000		Humana, Inc			3.950		03/15/27		1,940,809
	1,050,000	g	Liberty Mutual Group, Inc			4.250		06/15/23		1,106,254
	5,383,000		Markel Corp			3.500		11/01/27		5,354,037
	675,000		Markel Corp			4.300		11/01/47		692,646
	1,400,000		Marsh & McLennan Cos, Inc			3.500		06/03/24		1,446,230
	1,000,000		Mercury General Corp			4.400		03/15/27		1,027,937
	1,775,000		MetLife, Inc			3.600		11/13/25		1,846,019
	630,000		Prudential Financial, Inc			7.375		06/15/19		676,458
	1,190,000	g	Prudential Funding LLC			6.750		09/15/23		1,387,662
	615,000		Travelers Cos, Inc			5.800		05/15/18		623,647
	1,500,000		Travelers Cos, Inc			4.000		05/30/47		1,595,714
	4,125,000		UnitedHealth Group, Inc			2.950		10/15/27		4,111,690
	2,025,000		UnitedHealth Group, Inc			3.750		10/15/47		2,063,996
	410,000		WR Berkley Corp			5.375		09/15/20		438,037
			TOTAL INSURANCE							59,290,030
MATERIALS - 1.7%
	925,000		Agrium, Inc			3.375		03/15/25		929,069
	900,000		Agrium, Inc			4.125		03/15/35		929,156
	6,375,000	g	Air Liquide Finance S.A.			1.750		09/27/21		6,182,316
	1,050,000		Albemarle Corp			5.450		12/01/44		1,237,949
	100,000	g	Alcoa Nederland Holding BV			6.750		09/30/24		109,000
	100,000	g	Alcoa Nederland Holding BV			7.000		09/30/26		112,250
	375,000		Barrick Gold Corp			3.850		04/01/22		392,488
	250,000		Berry Plastics Corp			6.000		10/15/22		261,875
	975,000		BHP Billiton Finance USA Ltd			5.000		09/30/43		1,194,359
	450,000		Blue Cube Spinco, Inc			9.750		10/15/23		531,000
	235,000		Blue Cube Spinco, Inc			10.000		10/15/25		282,000
	2,000,000	g	Celulosa Arauco y Constitucion S.A.			3.875		11/02/27		1,986,300
	1,300,000	g	Celulosa Arauco y Constitucion S.A.			5.500		11/02/47		1,352,000
	1,000,000	g	Cemex SAB de C.V.			7.750		04/16/26		1,132,500
	2,000,000	g	Corp Nacional del Cobre de Chile-CODELCO			4.500		09/16/25		2,147,405

15

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,750,000	g	Corp Nacional del Cobre de Chile-CODELCO		3.625	%	08/01/27	$	1,752,223
	1,025,000	g	CRH America Finance, Inc		3.400		05/09/27		1,024,468
	865,000		Crown Americas LLC		4.500		01/15/23		877,975
	335,000		Eastman Chemical Co		5.500		11/15/19		353,584
	2,000,000	g	Equate Petrochemical BV		3.000		03/03/22		1,968,860
	2,000,000		Fibria Overseas Finance Ltd		4.000		01/14/25		1,980,000
	150,000	g	FMG Resources August 2006 Pty Ltd		4.750		05/15/22		151,875
	325,000	g	GCP Applied Technologies, Inc		9.500		02/01/23		360,750
	1,000,000	g	Georgia-Pacific LLC		3.600		03/01/25		1,027,493
	1,650,000	g	Gerdau Trade, Inc		4.875		10/24/27		1,641,750
	850,000	g	Glencore Funding LLC		4.625		04/29/24		897,227
	2,125,000	g	Glencore Funding LLC		4.000		03/27/27		2,132,950
	2,000,000	g	Grupo Cementos de Chihuahua SAB de C.V.		5.250		06/23/24		2,020,000
	6,100,000		International Paper Co		3.000		02/15/27		5,912,528
	500,000		International Paper Co		4.400		08/15/47		521,997
	2,000,000		International Paper Co		4.350		08/15/48		2,086,100
	2,125,000	g	Inversiones CMPC S.A.		4.375		04/04/27		2,168,151
	1,080,000	g	James Hardie International Finance DAC		4.750		01/15/25		1,088,100
	1,100,000	g	James Hardie International Finance DAC		5.000		01/15/28		1,108,250
	1,800,000	g	Klabin Finance S.A.		4.875		09/19/27		1,776,600
	2,025,000		LYB International Finance II BV		3.500		03/02/27		2,034,683
	1,450,000		Martin Marietta Materials, Inc		3.500		12/15/27		1,438,737
	950,000		Newmont Mining Corp		3.500		03/15/22		969,721
	2,000,000		Newmont Mining Corp		4.875		03/15/42		2,217,615
	2,000,000	g	Nova Chemicals Corp		4.875		06/01/24		1,995,000
	950,000		Nucor Corp		4.000		08/01/23		994,584
	475,000		Nucor Corp		5.200		08/01/43		574,997
	2,000,000	g	OCP S.A.		4.500		10/22/25		1,999,888
	1,025,000		Olin Corp		5.125		09/15/27		1,078,813
	720,000	g	Owens-Brockway Glass Container, Inc		5.875		08/15/23		775,800
	3,950,000		Packaging Corp of America		3.650		09/15/24		4,049,334
	1,125,000		Potash Corp of Saskatchewan, Inc		3.625		03/15/24		1,152,863
	3,045,000		Rock Tenn Co		3.500		03/01/20		3,097,743
	845,000	g	Sealed Air Corp		5.250		04/01/23		899,925
	1,500,000	g	Severstal OAO Via Steel Capital S.A.		3.850		08/27/21		1,522,233
	1,450,000		Sherwin-Williams Co		3.450		06/01/27		1,472,770
	550,000		Sherwin-Williams Co		4.500		06/01/47		600,781
	300,000		Steel Dynamics, Inc		5.125		10/01/21		307,500
	520,000		Teck Resources Ltd		3.750		02/01/23		521,300
	1,000,000	g	Tronox Finance plc		5.750		10/01/25		1,027,500
	335,000	g	Univar, Inc		6.750		07/15/23		350,075
	1,050,000		Vulcan Materials Co		3.900		04/01/27		1,072,397
			TOTAL MATERIALS						79,784,807
MEDIA - 1.1%
	4,500,000		21st Century Fox America, Inc		3.000		09/15/22		4,565,168
	110,000		21st Century Fox America, Inc		7.625		11/30/28		146,792
	85,000		21st Century Fox America, Inc		6.550		03/15/33		111,657
	1,330,000		21st Century Fox America, Inc		6.900		08/15/39		1,875,781
	900,000		AMC Entertainment, Inc		5.875		02/15/22		913,500
	125,000		AMC Networks, Inc		4.750		08/01/25		123,906
	1,700,000		CBS Corp		2.300		08/15/19		1,698,638
	1,100,000		CBS Corp		2.900		01/15/27		1,027,155

16

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	800,000		CBS Corp		3.375	%	02/15/28	$	770,177
	1,000,000	g	CBS Radio, Inc		7.250		11/01/24		1,054,375
	1,000,000	g	CCO Holdings LLC		5.875		04/01/24		1,042,500
	1,275,000		Charter Communications Operating LLC		3.579		07/23/20		1,298,684
	3,380,000		Charter Communications Operating LLC		4.464		07/23/22		3,526,091
	6,425,000		Charter Communications Operating LLC		4.908		07/23/25		6,829,421
	1,175,000		Cinemark USA, Inc		4.875		06/01/23		1,189,688
	4,525,000		Comcast Corp		3.200		07/15/36		4,299,609
	285,000	g	CSC Holdings LLC		5.500		04/15/27		290,700
	1,250,000		Discovery Communications LLC		2.950		03/20/23		1,236,914
	1,750,000		Discovery Communications LLC		3.950		03/20/28		1,740,114
	575,000	g	EMI Music Publishing Group North America Holdings, Inc		7.625		06/15/24		632,500
	125,000	g	EW Scripps Co		5.125		05/15/25		124,375
	90,000	g	Gannett Co, Inc		4.875		09/15/21		91,773
	150,000	g	Gannett Co, Inc		5.500		09/15/24		157,313
	550,000	g	Gray Television, Inc		5.875		07/15/26		563,750
	725,000	g	LG FinanceCo Corp		5.875		11/01/24		765,781
	1,375,000	g	NBC Universal Enterprise, Inc		1.662		04/15/18		1,374,352
	1,475,000	g	NBC Universal Enterprise, Inc		1.974		04/15/19		1,472,242
	1,175,000		NBC Universal Media LLC		2.875		01/15/23		1,186,751
	125,000	g	Nielsen Finance LLC		5.000		04/15/22		128,594
	750,000		Outfront Media Capital LLC		5.250		02/15/22		768,750
	500,000	g	Sirius XM Radio, Inc		3.875		08/01/22		501,250
	500,000	g	Sirius XM Radio, Inc		5.375		07/15/26		518,125
	250,000		Time Warner Cable, Inc		5.875		11/15/40		271,055
	4,350,000		Time Warner, Inc		2.100		06/01/19		4,341,195
	1,000,000		Time Warner, Inc		3.600		07/15/25		1,002,002
	3,400,000		Time Warner, Inc		3.800		02/15/27		3,395,831
	125,000	g	Virgin Media Secured Finance plc		5.500		01/15/25		128,125
			TOTAL MEDIA						51,164,634
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.7%
	925,000		Abbott Laboratories		3.875		09/15/25		956,521
	10,750,000		Abbott Laboratories		3.750		11/30/26		11,035,821
	1,200,000		Abbott Laboratories		5.300		05/27/40		1,386,906
	6,200,000		AbbVie, Inc		3.200		05/14/26		6,180,017
	2,072,000		AbbVie, Inc		4.400		11/06/42		2,219,584
	6,825,000		Actavis Funding SCS		3.800		03/15/25		6,946,617
	3,000,000		Actavis Funding SCS		4.550		03/15/35		3,172,416
	2,750,000		Amgen, Inc		1.850		08/19/21		2,680,519
	4,550,000		Amgen, Inc		2.600		08/19/26		4,355,536
	2,025,000		Amgen, Inc		4.400		05/01/45		2,201,297
	1,775,000		AstraZeneca plc		3.125		06/12/27		1,753,478
	1,050,000		Celgene Corp		3.625		05/15/24		1,079,648
	2,325,000		Celgene Corp		3.450		11/15/27		2,322,558
	4,825,000		Gilead Sciences, Inc		2.950		03/01/27		4,744,199
	1,175,000		Gilead Sciences, Inc		4.150		03/01/47		1,248,632
	2,700,000		Johnson & Johnson		2.900		01/15/28		2,703,167
	1,250,000		Johnson & Johnson		3.400		01/15/38		1,279,312
	1,000,000		Mylan NV		3.750		12/15/20		1,021,782
	1,075,000		Mylan NV		3.950		06/15/26		1,083,717
	3,050,000		Novartis Capital Corp		3.000		11/20/25		3,082,732

17

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,475,000		Novartis Capital Corp		3.100	%	05/17/27	$	3,541,952
	3,000,000		Perrigo Finance plc		3.900		12/15/24		3,049,583
	4,875,000	g	Roche Holdings, Inc		2.375		01/28/27		4,637,006
	5,850,000		Teva Pharmaceutical Finance Netherlands III BV		3.150		10/01/26		4,828,723
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						77,511,723
REAL ESTATE - 1.4%
	5,450,000		Alexandria Real Estate Equities, Inc		3.450		04/30/25		5,430,558
	450,000		Alexandria Real Estate Equities, Inc		3.950		01/15/27		459,568
	675,000		Alexandria Real Estate Equities, Inc		3.950		01/15/28		689,040
	2,525,000		American Tower Corp		3.300		02/15/21		2,571,071
	600,000		American Tower Corp		4.400		02/15/26		630,797
	1,200,000		American Tower Corp		3.550		07/15/27		1,190,877
	3,000,000		Boston Properties LP		3.200		01/15/25		2,989,729
	1,975,000		Brandywine Operating Partnership LP		3.950		02/15/23		2,014,533
	1,125,000		Brandywine Operating Partnership LP		4.100		10/01/24		1,143,281
	900,000		Brandywine Operating Partnership LP		3.950		11/15/27		893,071
	1,100,000		Brixmor Operating Partnership LP		3.875		08/15/22		1,126,922
	1,400,000		Brixmor Operating Partnership LP		3.650		06/15/24		1,392,384
	2,225,000		Brixmor Operating Partnership LP		3.850		02/01/25		2,221,536
	700,000		Brixmor Operating Partnership LP		4.125		06/15/26		705,837
	630,000		Camden Property Trust		4.625		06/15/21		665,967
	1,650,000		Camden Property Trust		2.950		12/15/22		1,650,024
	980,000		Crown Castle International Corp		4.875		04/15/22		1,050,792
	1,550,000		Crown Castle International Corp		3.200		09/01/24		1,533,580
	1,200,000		Crown Castle International Corp		3.650		09/01/27		1,196,706
	1,000,000		DCT Industrial Operating Partnership LP		4.500		10/15/23		1,047,878
	750,000		DDR Corp		3.625		02/01/25		737,562
	975,000		DDR Corp		4.250		02/01/26		991,879
	1,000,000		DDR Corp		4.700		06/01/27		1,046,617
	950,000		Digital Realty Trust LP		3.700		08/15/27		956,630
	425,000		Duke Realty LP		3.250		06/30/26		421,106
	600,000		Equity One, Inc		3.750		11/15/22		614,593
	850,000		Essex Portfolio LP		3.375		01/15/23		861,648
	1,375,000		Federal Realty Investment Trust		3.250		07/15/27		1,363,333
	325,000		Healthcare Realty Trust, Inc		3.750		04/15/23		330,529
	1,675,000		Healthcare Realty Trust, Inc		3.875		05/01/25		1,696,749
	825,000		Healthcare Trust of America Holdings LP		3.375		07/15/21		840,168
	675,000		Healthcare Trust of America Holdings LP		3.700		04/15/23		690,020
	1,625,000		Healthcare Trust of America Holdings LP		3.500		08/01/26		1,599,507
	600,000		Highwoods Realty LP		3.875		03/01/27		600,895
	450,000		Host Hotels & Resorts LP		4.500		02/01/26		471,007
	400,000		Kimco Realty Corp		3.800		04/01/27		403,883
	1,400,000		Liberty Property LP		3.250		10/01/26		1,377,445
	1,200,000		Mid-America Apartments LP		4.300		10/15/23		1,259,025
	1,200,000		Mid-America Apartments LP		3.750		06/15/24		1,233,130
	1,050,000		Mid-America Apartments LP		4.000		11/15/25		1,087,326
	1,150,000		Mid-America Apartments LP		3.600		06/01/27		1,151,633
	575,000		National Retail Properties, Inc		3.800		10/15/22		593,880
	1,075,000		National Retail Properties, Inc		3.300		04/15/23		1,080,198
	625,000		National Retail Properties, Inc		4.000		11/15/25		640,976
	1,850,000		National Retail Properties, Inc		3.600		12/15/26		1,833,903

18

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,350,000		Realty Income Corp		3.650	%	01/15/28	$	1,359,546
	1,100,000		Regency Centers LP		3.900		11/01/25		1,123,719
	1,950,000		Regency Centers LP		3.600		02/01/27		1,951,227
	400,000		Weingarten Realty Investors		3.375		10/15/22		403,191
	1,876,000		Weingarten Realty Investors		3.500		04/15/23		1,891,165
	475,000		Weingarten Realty Investors		4.450		01/15/24		498,328
	1,025,000		Weingarten Realty Investors		3.850		06/01/25		1,034,284
	700,000		Weingarten Realty Investors		3.250		08/15/26		671,668
	1,050,000		Welltower, Inc		4.000		06/01/25		1,085,500
			TOTAL REAL ESTATE						64,506,421
RETAILING - 0.8%
	675,000		Asbury Automotive Group, Inc		6.000		12/15/24		702,810
	1,667,000		AutoNation, Inc		5.500		02/01/20		1,759,787
	3,200,000		AutoZone, Inc		2.500		04/15/21		3,177,387
	145,000		Dollar Tree, Inc		5.750		03/01/23		151,887
	2,050,000		Enable Midstream Partners LP		4.400		03/15/27		2,084,012
	2,175,000		Home Depot, Inc		2.000		04/01/21		2,153,352
	2,175,000		Home Depot, Inc		3.350		09/15/25		2,247,260
	1,275,000		Home Depot, Inc		3.000		04/01/26		1,276,333
	1,625,000		Home Depot, Inc		3.500		09/15/56		1,561,420
	400,000	g	JC Penney Corp, Inc		5.875		07/01/23		377,500
	625,000		L Brands, Inc		6.875		11/01/35		631,250
	625,000		L Brands, Inc		6.750		07/01/36		625,000
	250,000	g	Lithia Motors, Inc		5.250		08/01/25		260,625
	1,300,000		Macy’s Retail Holdings, Inc		4.500		12/15/34		1,104,634
	620,000		Men’s Wearhouse, Inc		7.000		07/01/22		622,356
	6,215,000		O’Reilly Automotive, Inc		3.550		03/15/26		6,277,445
	2,175,000		O’Reilly Automotive, Inc		3.600		09/01/27		2,182,360
	715,000		Penske Automotive Group, Inc		5.500		05/15/26		725,511
	200,000	†,g	PetSmart, Inc		7.125		03/15/23		118,500
	2,475,000		Priceline Group, Inc		3.550		03/15/28		2,450,869
	1,250,000	g	Rolls-Royce plc		2.375		10/14/20		1,241,701
	450,000	g	Rolls-Royce plc		3.625		10/14/25		463,996
	2,975,000		Target Corp		2.500		04/15/26		2,859,573
	2,900,000		Target Corp		3.625		04/15/46		2,819,867
			TOTAL RETAILING						37,875,435
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.2%
	5,125,000		Intel Corp		3.150		05/11/27		5,225,046
	2,050,000		Intel Corp		4.100		05/11/47		2,256,488
	1,100,000		Maxim Integrated Products, Inc		3.450		06/15/27		1,104,933
	1,100,000		Texas Instruments, Inc		2.625		05/15/24		1,091,018
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						9,677,485
SOFTWARE & SERVICES –0.9%
	2,325,000		Activision Blizzard Inc		2.300		09/15/21		2,294,237
	2,425,000		Activision Blizzard Inc		3.400		09/15/26		2,453,555
	2,000,000		Baidu, Inc		2.875		07/06/22		1,978,608
	1,395,000		Fidelity National Information Services, Inc		3.625		10/15/20		1,433,225
	500,000	g	First Data Corp		7.000		12/01/23		528,750
	900,000	g	IMS Health, Inc		5.000		10/15/26		922,500
	14,000,000		Microsoft Corp		2.400		08/08/26		13,497,296

19

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,200,000		Microsoft Corp		4.100	%	02/06/37	$	1,338,817
	1,750,000		Microsoft Corp		4.250		02/06/47		1,998,796
	325,000		NCR Corp		5.875		12/15/21		333,125
	300,000	g	Open Text Corp		5.625		01/15/23		312,375
	575,000	g	Open Text Corp		5.875		06/01/26		619,562
	3,075,000		Oracle Corp		2.500		05/15/22		3,079,472
	4,150,000		Oracle Corp		3.250		11/15/27		4,219,130
	1,625,000		Oracle Corp		3.800		11/15/37		1,704,301
	2,075,000		Oracle Corp		4.000		11/15/47		2,207,469
	150,000	g	Symantec Corp		5.000		04/15/25		156,000
	3,025,000		VMware, Inc		2.950		08/21/22		3,016,149
			TOTAL SOFTWARE & SERVICES						42,093,367
TECHNOLOGY HARDWARE & EQUIPMENT - 1.1%
	2,275,000		Amphenol Corp		3.125		09/15/21		2,310,903
	6,650,000		Apple, Inc		3.200		05/11/27		6,732,510
	10,000,000		Apple, Inc		3.000		11/13/27		9,936,277
	1,100,000		Apple, Inc		4.650		02/23/46		1,286,958
	2,550,000	g	Broadcom Corp		3.875		01/15/27		2,508,621
	1,500,000	g	Broadcom Corp		3.500		01/15/28		1,429,526
	10,000,000		Cisco Systems, Inc		1.850		09/20/21		9,813,061
	475,000	g	CommScope, Inc		5.000		06/15/21		483,906
	725,000	g	CommScope, Inc		5.500		06/15/24		754,000
	500,000	g	CommScope, Inc		6.000		06/15/25		531,250
	675,000		Corning, Inc		4.375		11/15/57		669,377
	1,575,000	g	Diamond Finance Corp		3.480		06/01/19		1,594,590
	3,375,000	g	Diamond Finance Corp		4.420		06/15/21		3,516,479
	225,000	g	Diamond Finance Corp		5.875		06/15/21		233,438
	225,000	g	Diamond Finance Corp		7.125		06/15/24		246,345
	3,550,000	g	Diamond Finance Corp		6.020		06/15/26		3,913,355
	1,075,000	g	Millicom International Cellular S.A.		5.125		01/15/28		1,075,000
	175,000	g	Sensata Technologies BV		5.625		11/01/24		192,281
	2,793,000		Tyco Electronics Group S.A.		2.375		12/17/18		2,799,264
	3,000,000		Tyco Electronics Group S.A.		3.500		02/03/22		3,081,819
	525,000		Tyco Electronics Group S.A.		3.700		02/15/26		545,169
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						53,654,129
TELECOMMUNICATION SERVICES - 1.5%
	300,000	g	Altice Luxembourg S.A.		7.750		05/15/22		294,000
	6,000,000		AT&T, Inc		2.850		02/14/23		6,022,931
	7,750,000		AT&T, Inc		3.400		05/15/25		7,617,608
	4,100,000		AT&T, Inc		3.900		08/14/27		4,126,213
	4,477,000	g	AT&T, Inc		4.100		02/15/28		4,490,481
	2,300,000		AT&T, Inc		4.500		05/15/35		2,284,832
	2,075,000		AT&T, Inc		5.250		03/01/37		2,193,101
	4,100,000		AT&T, Inc		4.900		08/14/37		4,157,311
	1,175,000		AT&T, Inc		4.750		05/15/46		1,148,224
	2,075,000		AT&T, Inc		5.450		03/01/47		2,215,865
	4,100,000		AT&T, Inc		5.150		02/14/50		4,120,456
	1,500,000	g	Bharti Airtel International Netherlands BV		5.125		03/11/23		1,590,699
	2,500,000	g	Deutsche Telekom International Finance BV		1.950		09/19/21		2,430,798
	630,000		Deutsche Telekom International Finance BV		8.750		06/15/30		931,850
	500,000		France Telecom S.A.		5.375		01/13/42		602,670

20

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	2,000,000	g	MTN Mauritius Investment Ltd		5.373	%	02/13/22	$	2,068,204
	675,000		Telefonica Emisiones SAU		4.103		03/08/27		697,281
	425,000		T-Mobile USA, Inc		6.375		03/01/25		454,750
	2,000,000	g	Turk Telekomunikasyon AS.		4.875		06/19/24		2,029,366
	925,000		Verizon Communications, Inc		3.450		03/15/21		953,107
	1,150,000		Verizon Communications, Inc		4.150		03/15/24		1,209,326
	4,500,000		Verizon Communications, Inc		4.125		03/16/27		4,690,888
	11,097,000		Verizon Communications, Inc		4.272		01/15/36		11,031,657
	875,000		Verizon Communications, Inc		4.125		08/15/46		807,600
	1,600,000	g	VimpelCom Holdings BV		4.950		06/16/24		1,622,400
			TOTAL TELECOMMUNICATION SERVICES						69,791,618
TRANSPORTATION - 1.1%
	5,000,000	g	Adani Ports & Special Economic Zone Ltd		3.950		01/19/22		5,101,565
	1,635,000	g	Asciano Finance Ltd		5.000		04/07/18		1,645,398
	2,050,000		Burlington Northern Santa Fe LLC		4.125		06/15/47		2,244,056
	2,350,000		Canadian Pacific Railway Co		2.900		02/01/25		2,330,926
	3,275,000		CSX Corp		3.800		11/01/46		3,253,135
	3,475,000		Delta Air Lines, Inc		3.625		03/15/22		3,525,919
	700,000		FedEx Corp		4.100		02/01/45		720,889
	945,000		FedEx Corp		4.750		11/15/45		1,057,253
	4,240,000		GATX Corp		2.500		03/15/19		4,238,208
	900,000	g	Hertz Corp		7.625		06/01/22		942,750
	6,000,000		Kansas City Southern		2.350		05/15/20		5,975,801
	3,000,000	g	Mexico City Airport Trust		5.500		07/31/47		2,962,500
	1,300,000	g	Norfolk Southern Corp		4.050		08/15/52		1,345,996
	375,000		Northrop Grumman Corp		1.750		06/01/18		374,742
	2,775,000		Northrop Grumman Corp		3.250		01/15/28		2,778,184
	1,075,000		Northrop Grumman Corp		4.030		10/15/47		1,122,399
	1,975,000	g	Transnet SOC Ltd		4.000		07/26/22		1,933,679
	1,750,000	g	TTX Co		3.600		01/15/25		1,789,833
	1,175,000		Union Pacific Corp		3.600		09/15/37		1,216,433
	4,575,000		United Parcel Service, Inc		3.750		11/15/47		4,719,009
			TOTAL TRANSPORTATION						49,278,675
UTILITIES - 4.4%
	1,000,000		AEP Transmission Co LLC		3.100		12/01/26		1,001,708
	1,000,000		AEP Transmission Co LLC		4.000		12/01/46		1,058,118
	485,000		AES Corp		7.375		07/01/21		544,413
	500,000		AES Corp		4.875		05/15/23		509,375
	2,075,000		AGL Capital Corp		3.875		11/15/25		2,140,656
	1,250,000		AGL Capital Corp		4.400		06/01/43		1,328,500
	725,000		Alabama Power Co		4.150		08/15/44		781,649
	2,000,000		American Electric Power Co, Inc		2.950		12/15/22		2,028,193
	1,650,000		American Water Capital Corp		3.000		12/01/26		1,627,984
	1,400,000		American Water Capital Corp		4.000		12/01/46		1,493,140
	2,275,000		American Water Capital Corp		3.750		09/01/47		2,345,180
	500,000	g	APT Pipelines Ltd		4.250		07/15/27		517,278
	775,000		Atmos Energy Corp		8.500		03/15/19		833,041
	375,000		Atmos Energy Corp		4.125		10/15/44		409,129
	3,000,000		Avangrid, Inc		3.150		12/01/24		2,983,602
	2,050,000		Baltimore Gas & Electric Co		3.750		08/15/47		2,098,236
	1,525,000	g	Banco BTG Pactual S.A.		5.500		01/31/23		1,523,094

21

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,075,000		Black Hills Corp		4.250	%	11/30/23	$	1,124,906
	850,000		Black Hills Corp		3.150		01/15/27		828,089
	1,625,000	g	Calpine Corp		5.250		06/01/26		1,592,516
	1,515,000		Carolina Power & Light Co		5.300		01/15/19		1,563,704
	159,000		CenterPoint Energy Resources Corp		4.500		01/15/21		166,283
	660,000		CenterPoint Energy Resources Corp		6.250		02/01/37		833,408
	1,525,000	g	Cerro del Aguila S.A.		4.125		08/16/27		1,505,938
	1,125,000		CMS Energy Corp		3.600		11/15/25		1,151,461
	395,000		Commonwealth Edison Co		5.900		03/15/36		517,422
	415,000		Connecticut Light & Power Co		5.500		02/01/19		428,654
	1,750,000		Consolidated Edison Co of New York, Inc		3.850		06/15/46		1,820,816
	2,875,000		Consolidated Edison Co of New York, Inc		3.875		06/15/47		3,003,794
	1,200,000		Consolidated Edison, Inc		2.000		05/15/21		1,181,552
	1,550,000		Dominion Resources, Inc		2.000		08/15/21		1,514,492
	2,325,000		DTE Electric Co		3.750		08/15/47		2,416,280
	260,000		Duke Energy Carolinas LLC		4.300		06/15/20		272,305
	3,050,000		Duke Energy Corp		1.800		09/01/21		2,966,274
	4,575,000		Duke Energy Corp		2.650		09/01/26		4,382,383
	3,125,000		Duke Energy Corp		3.750		09/01/46		3,087,354
	6,902,459		Duke Energy Florida Project Finance LLC		1.196		03/01/20		6,822,048
	5,000,000		Duke Energy Florida Project Finance LLC		1.731		09/01/22		4,892,895
	650,000		Duke Energy Ohio, Inc		3.800		09/01/23		683,385
	378,000		Dynegy, Inc		6.750		11/01/19		388,395
	3,000,000		Enbridge, Inc		3.700		07/15/27		3,011,784
	4,775,000		Energy Transfer Partners LP		4.750		01/15/26		4,952,797
	725,000		Energy Transfer Partners LP		5.150		02/01/43		686,020
	1,375,000		Energy Transfer Partners LP		5.950		10/01/43		1,460,853
	2,225,000		Energy Transfer Partners LP		5.150		03/15/45		2,170,102
	4,994,000		Entergy Corp		4.000		07/15/22		5,212,811
	3,075,000		Entergy Corp		2.950		09/01/26		2,990,971
	1,000,000		EQT Midstream Partners LP		4.125		12/01/26		995,546
	4,600,000	g	Eskom Holdings SOC Ltd		5.750		01/26/21		4,551,235
	2,975,000		Exelon Generation Co LLC		3.400		03/15/22		3,024,640
	4,650,000		Fortis, Inc		3.055		10/04/26		4,488,530
	630,000		Indiana Michigan Power Co		7.000		03/15/19		664,171
	1,150,000		Indiana Michigan Power Co		3.750		07/01/47		1,167,809
	2,000,000	g	Inkia Energy Ltd		5.875		11/09/27		2,011,520
	555,000		Integrys Energy Group, Inc		4.170		11/01/20		577,149
	1,350,000		Interstate Power & Light Co		3.700		09/15/46		1,350,516
	195,000	g	Kansas Gas & Electric		6.700		06/15/19		206,577
	2,000,000	g	KazMunayGas National Co JSC		3.875		04/19/22		2,029,864
	1,900,000	g	KazTransGas JSC		4.375		09/26/27		1,905,349
	4,030,000		LG&E and KU Energy LLC		3.750		11/15/20		4,157,502
	925,000		MidAmerican Energy Co		4.250		05/01/46		1,037,458
	1,675,000	g	Minejesa Capital BV		4.625		08/10/30		1,711,865
	2,800,000	g	Minejesa Capital BV		5.625		08/10/37		2,983,929
	945,000		MPLX LP		4.000		02/15/25		964,087
	2,675,000		MPLX LP		4.125		03/01/27		2,739,090
	2,000,000	g	NBK SPC Ltd		2.750		05/30/22		1,966,488
	630,000		Nevada Power Co		6.500		08/01/18		646,219
	4,100,000		NextEra Energy Capital Holdings, Inc		3.550		05/01/27		4,175,254
	1,000,000	g	NextEra Energy Operating Partners LP		4.250		09/15/24		1,017,500
	3,075,000		NiSource Finance Corp		3.490		05/15/27		3,128,967

22

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	700,000		NiSource Finance Corp		4.800	%	02/15/44	$	791,725
	2,025,000		NiSource Finance Corp		3.950		03/30/48		2,072,382
	1,025,000		Northeast Utilities		1.450		05/01/18		1,023,377
	2,025,000		Northern States Power Co		3.600		09/15/47		2,058,446
	900,000		NRG Energy, Inc		6.250		05/01/24		942,750
	1,250,000	g	NRG Energy, Inc		5.750		01/15/28		1,262,500
	1,450,000		Oncor Electric Delivery Co LLC		2.150		06/01/19		1,443,362
	150,000		Oncor Electric Delivery Co LLC		7.250		01/15/33		211,780
	1,675,000		Pacific Gas & Electric Co		3.750		08/15/42		1,612,470
	1,150,000		Pacific Gas & Electric Co		4.600		06/15/43		1,255,898
	2,750,000		Pacific Gas & Electric Co		4.250		03/15/46		2,883,621
	1,800,000	g	Perusahaan Gas Negara Persero Tbk PT		5.125		05/16/24		1,934,537
	4,000,000	g	Perusahaan Listrik Negara PT		5.250		10/24/42		4,160,000
	950,000	g	Petroamazonas EP		4.625		11/06/20		926,410
	2,000,000	g	Petroleos del Peru S.A.		4.750		06/19/32		2,022,500
	2,125,000		Phillips 66 Partners LP		3.550		10/01/26		2,105,552
	775,000		Phillips 66 Partners LP		4.680		02/15/45		795,350
	950,000		Phillips 66 Partners LP		4.900		10/01/46		1,004,178
	135,000		Potomac Electric Power Co		7.900		12/15/38		210,655
	3,875,000		PPL Capital Funding, Inc		4.200		06/15/22		4,094,112
	1,000,000		PPL Electric Utilities Corp		3.000		09/15/21		1,016,988
	565,000		Progress Energy, Inc		7.050		03/15/19		596,420
	1,780,000		Public Service Co of Oklahoma		5.150		12/01/19		1,863,747
	440,000		Public Service Electric & Gas Co		5.300		05/01/18		445,035
	1,000,000		Public Service Electric & Gas Co		3.600		12/01/47		1,022,898
	2,000,000	g	Saka Energi Indonesia PT		4.450		05/05/24		2,030,894
	1,150,000		Sempra Energy		2.875		10/01/22		1,148,335
	1,750,000		Southern Co		4.400		07/01/46		1,862,001
	1,175,000		Southern Co Gas Capital Corp		3.950		10/01/46		1,165,538
	4,950,000		Southern Power Co		2.500		12/15/21		4,903,300
	1,925,000		Southern Power Co		4.150		12/01/25		2,028,136
	1,250,000		Spectra Energy Partners LP		3.500		03/15/25		1,254,980
	2,025,000		Spectra Energy Partners LP		4.500		03/15/45		2,088,781
	2,000,000	g	United Bank for Africa plc		7.750		06/08/22		2,058,160
	845,000		Virginia Electric & Power Co		2.950		01/15/22		855,316
	2,075,000		Virginia Electric & Power Co		3.500		03/15/27		2,144,727
	2,350,000		Virginia Electric & Power Co		4.000		11/15/46		2,512,682
	1,850,000	g	VM Holding S.A.		5.375		05/04/27		1,961,000
	1,050,000		Western Gas Partners LP		4.650		07/01/26		1,091,217
	850,000		Williams Partners LP		3.600		03/15/22		869,375
	825,000		Williams Partners LP		4.500		11/15/23		872,368
	1,500,000		Williams Partners LP		3.750		06/15/27		1,502,691
	625,000		Williams Partners LP		4.900		01/15/45		662,487
	1,000,000		Wisconsin Power & Light Co		4.100		10/15/44		1,062,218
	1,800,000		Xcel Energy, Inc		3.350		12/01/26		1,821,733
	470,000		Xcel Energy, Inc		4.800		09/15/41		533,444
			TOTAL UTILITIES						206,540,329
			TOTAL CORPORATE BONDS						1,600,721,288
			(Cost $1,580,111,365)

23

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
GOVERNMENT BONDS - 33.7%
AGENCY SECURITIES - 0.4%
$	2,422,908		AMAL Ltd			3.465	%	08/21/21	$	2,474,262
	4,500,000		Amber Circle Funding Ltd			3.250		12/04/22		4,534,537
	10,325,000		Private Export Funding Corp (PEFCO)			2.250		03/15/20		10,345,030
	1,690,000		UNM Sandoval Regional Medical Center			4.500		07/20/36		1,758,699
			TOTAL AGENCY SECURITIES							19,112,528
FOREIGN GOVERNMENT BONDS - 3.4%
	2,000,000	g	Abu Dhabi Government International Bond			3.125		05/03/26		1,974,498
	2,200,000		Argentina Republic Government International Bond			5.625		01/26/22		2,321,000
	1,000,000	g	Bahamas Government International Bond			6.000		11/21/28		1,040,000
	1,065,000	g	Banque Centrale de Tunisie S.A.			5.750		01/30/25		1,061,450
	1,500,000	g	Bermuda Government International Bond			4.854		02/06/24		1,623,945
	3,450,000	g	Bermuda Government International Bond			3.717		01/25/27		3,488,813
	2,075,000	g	Brazil Minas SPE via State of Minas Gerais			5.333		02/15/28		2,100,938
BRL	4,650,000		Brazil Notas do Tesouro Nacional Serie F			10.000		01/01/21		1,443,599
$	1,500,000	g	Caisse d’Amortissement de la Dette Sociale			1.875		07/28/20		1,486,134
	2,575,000		Colombia Government International Bond			2.625		03/15/23		2,517,063
	3,200,000		Colombia Government International Bond			5.000		06/15/45		3,384,000
	2,500,000	g	Costa Rica Government International Bond			7.158		03/12/45		2,625,000
	2,425,000	g	Ecuador Government International Bond			9.650		12/13/26		2,782,688
	2,225,000	g	Egypt Government International Bond			6.125		01/31/22		2,327,617
	1,250,000	g	El Salvador Government International Bond			5.875		01/30/25		1,256,250
	725,000	g	El Salvador Government International Bond			8.625		02/28/29		848,250
	395,000		European Investment Bank			4.875		02/15/36		516,666
	1,800,000	g	Export Credit Bank of Turkey			4.250		09/18/22		1,751,324
	1,500,000	g	Export-Import Bank of China			2.850		09/16/20		1,490,550
	2,900,000		Export-Import Bank of Korea			2.250		01/21/20		2,870,394
	850,000	g	Guatemala Government International Bond			4.500		05/03/26		858,772
	2,725,000	g	Guatemala Government International Bond			4.375		06/05/27		2,718,188
	1,300,000	g	Honduras Government International Bond			7.500		03/15/24		1,452,750
	1,500,000		Indonesia Government International Bond			3.500		01/11/28		1,495,983
IDR	25,500,000,000		Indonesia Treasury Bond			7.500		08/15/32		1,987,156
$	1,205,000		Italy Government International Bond			6.875		09/27/23		1,415,917
	1,950,000	g	Ivory Coast Government International Bond			6.125		06/15/33		1,985,028
	1,785,250	g	Ivory Coast Government International Bond			5.750		12/31/32		1,772,605
	1,525,000		Jamaica Government International Bond			8.000		03/15/39		1,869,208
	2,500,000		Japan Bank for International Cooperation			2.375		04/20/26		2,424,557
	1,000,000	g	Japan Finance Organization for Municipalities			2.000		09/08/20		986,471
	1,280,000	g	Japan Finance Organization for Municipalities			2.125		04/13/21		1,257,701
	975,000	g	Jordan Government International Bond			7.375		10/10/47		1,016,959
	2,000,000	g	Kazakhstan Government International Bond			6.500		07/21/45		2,560,440
	3,000,000	g,i	Kommunalbanken AS.	LIBOR 3 M + 0.180%		1.616		02/20/18		3,000,000
	1,150,000	g	Kommunalbanken AS.			1.375		10/26/20		1,124,214
	1,650,000	g	Korea Housing Finance Corp			2.000		10/11/21		1,586,704
	1,500,000	g	Korea Housing Finance Corp			3.000		10/31/22		1,488,589
	3,550,000	g	Kuwait International Government Bond			2.750		03/20/22		3,538,509
	2,698,000		Landwirtschaftliche Rentenbank			2.000		01/13/25		2,605,083
MXN	19,270,000		Mexican Bonos			8.000		12/07/23		995,876
$	1,800,000		Mexico Government International Bond			4.000		10/02/23		1,883,700
	2,200,000		Mexico Government International Bond			4.150		03/28/27		2,281,400

24

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,550,000		Mexico Government International Bond		4.750	%	03/08/44	$	3,589,050
	2,000,000	g	Morocco Government International Bond		5.500		12/11/42		2,261,080
	2,000,000		Nigeria Government International Bond		5.625		06/27/22		2,073,000
	1,725,000	g	Nigeria Government International Bond		6.500		11/28/27		1,798,949
	1,850,000	g	Oman Government International Bond		6.500		03/08/47		1,852,927
	3,000,000	g	Pakistan Government International Bond		6.875		12/05/27		3,008,484
	1,950,000		Panama Government International Bond		6.700		01/26/36		2,595,450
	2,000,000		Panama Government International Bond		4.500		05/15/47		2,153,000
	1,500,000	g	Perusahaan Penerbit SBSN Indonesia III		3.400		03/29/22		1,520,700
PEN	2,768,000	g	Peruvian Government International Bond		8.200		08/12/26		1,051,498
	5,784,000	g	Peruvian Government International Bond		6.350		08/12/28		1,952,357
$	1,300,000		Peruvian Government International Bond		8.750		11/21/33		2,047,500
	850,000		Peruvian Government International Bond		5.625		11/18/50		1,090,550
	1,050,000		Poland Government International Bond		5.000		03/23/22		1,149,417
	620,000		Province of Quebec Canada		7.500		09/15/29		881,702
	2,700,000	g	Provincia de Buenos Aires		7.875		06/15/27		2,996,514
	1,500,000	g	Provincia de Mendoza Argentina		8.375		05/19/24		1,672,590
	1,400,000	g	Republic of Paraguay		6.100		08/11/44		1,596,000
	1,000,000	g	Republic of Serbia		7.250		09/28/21		1,143,052
	2,475,000		Republic of South Africa Government International Bond		4.850		09/27/27		2,505,754
	7,750,000	g	Saudi Government International Bond		2.875		03/04/23		7,624,078
	2,500,000	g	Saudi Government International Bond		3.250		10/26/26		2,451,100
	1,200,000	g	Senegal Government International Bond		6.250		05/23/33		1,267,268
	2,000,000		South Africa Government International Bond		5.875		09/16/25		2,176,824
ZAR	22,000,000		South Africa Government International Bond		10.500		12/21/26		1,985,382
$	1,500,000	g	Sri Lanka Government International Bond		5.750		01/18/22		1,567,091
	1,550,000	g	Sri Lanka Government International Bond		6.850		11/03/25		1,710,752
	1,700,000		Svensk Exportkredit AB		1.750		05/18/20		1,684,286
	5,400,000		Turkey Government International Bond		3.250		03/23/23		5,113,417
	275,000		Turkey Government International Bond		5.750		03/22/24		290,779
	1,250,000		Turkey Government International Bond		6.000		03/25/27		1,331,600
	1,050,000		Turkey Government International Bond		6.875		03/17/36		1,171,235
	3,800,000	g	Ukraine Government International Bond		7.375		09/25/32		3,744,512
UYU	41,525,000	g	Uruguay Government International Bond		9.875		06/20/22		1,527,356
$	1,025,000		Uruguay Government International Bond		4.375		10/27/27		1,097,775
	2,000,000		Uruguay Government International Bond		5.100		06/18/50		2,220,000
	2,400,000	g	Zambia Government International Bond		8.500		04/14/24		2,648,472
			TOTAL FOREIGN GOVERNMENT BONDS						159,767,490
MORTGAGE BACKED - 14.3%
	5,428,648		Federal Home Loan Mortgage Corp (FHLMC)		3.500		08/15/42		5,550,948
	8,848,506		FHLMC		3.500		08/15/43		9,134,769
	2,960,572		FHLMC		3.000		03/15/44		2,968,514
	2,708		Federal Home Loan Mortgage Corp Gold (FGLMC)		7.000		10/01/20		2,782
	3,433,429		FGLMC		3.500		03/01/27		3,550,185
	157		FGLMC		6.500		10/01/28		174
	5,146		FGLMC		6.500		01/01/29		5,700
	1,404		FGLMC		6.500		03/01/29		1,562
	23,882		FGLMC		6.500		07/01/29		26,453
	982		FGLMC		8.000		01/01/31		1,088

25

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	7,789		FGLMC		6.500	%	09/01/31	$	8,962
	27,464		FGLMC		8.000		09/01/31		30,798
	116,045		FGLMC		7.000		12/01/31		128,400
	107,075		FGLMC		4.500		07/01/33		114,621
	345,425		FGLMC		5.000		09/01/33		379,183
	157,604		FGLMC		5.500		09/01/33		176,297
	149,153		FGLMC		5.500		09/01/33		166,375
	244,211		FGLMC		5.500		10/01/33		273,282
	285,861		FGLMC		5.500		12/01/33		317,307
	733,085		FGLMC		7.000		12/01/33		836,930
	239,910		FGLMC		4.500		04/01/35		256,147
	222,181		FGLMC		7.000		05/01/35		252,545
	200,321		FGLMC		5.000		04/01/38		218,431
	182,677		FGLMC		5.000		07/01/39		198,985
	2,035,604	w	FGLMC		4.500		11/01/40		2,211,167
	2,234,124	w	FGLMC		4.500		12/01/40		2,421,687
	228,347		FGLMC		4.500		11/01/44		247,390
	289,351		FGLMC		4.500		11/01/44		313,449
	98,403		FGLMC		4.500		12/01/44		105,417
	166,032		FGLMC		4.500		12/01/44		179,757
	1,496,636		FGLMC		3.500		04/01/45		1,549,325
	13,687,138		FGLMC		3.500		10/01/45		14,150,520
	8,145,224		FGLMC		4.000		12/01/45		8,609,571
	1,675,033		FGLMC		4.000		05/01/46		1,764,951
	37,961,767		FGLMC		3.500		08/01/46		39,237,750
	7,528,304		FGLMC		4.000		09/01/47		7,982,400
	413		Federal National Mortgage Association (FNMA)		8.000		07/01/24		465
	287		FNMA		7.500		01/01/29		315
	135,589		FNMA		2.500		06/01/30		135,913
	1,767		FNMA		7.500		03/01/31		2,040
	687		FNMA		7.500		05/01/31		692
	484,527		FNMA		2.500		06/01/31		484,231
	195,933		FNMA		2.500		07/01/31		195,849
	4,753,568		FNMA		2.500		07/01/31		4,751,532
	1,148,648		FNMA		2.500		08/01/31		1,148,156
	269,293		FNMA		2.500		09/01/31		269,185
	329,782		FNMA		2.500		09/01/31		329,641
	216,907		FNMA		2.500		09/01/31		216,851
	689		FNMA		6.500		09/01/31		763
	463,588		FNMA		2.500		10/01/31		463,401
	142,112		FNMA		2.500		10/01/31		142,075
	283,281		FNMA		2.500		11/01/31		283,166
	146,477		FNMA		2.500		11/01/31		146,417
	193,408		FNMA		2.500		11/01/31		193,290
	344,945		FNMA		2.500		11/01/31		344,857
	91,818		FNMA		2.500		11/01/31		91,781
	173,374		FNMA		2.500		11/01/31		173,268
	394,379		FNMA		2.500		11/01/31		394,220
	8,048		FNMA		6.500		11/01/31		9,056
	179,048		FNMA		2.500		12/01/31		179,003
	738,518		FNMA		2.500		12/01/31		738,220
	258,209		FNMA		2.500		12/01/31		258,105
	134,366		FNMA		2.500		12/01/31		134,332

26

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	583,621		FNMA		2.500	%	12/01/31	$	583,386
	5,280,848		FNMA		3.500		02/01/32		5,461,226
	2,833,409		FNMA		3.500		05/01/32		2,934,383
	441,889		FNMA		2.500		06/01/32		441,711
	113,281		FNMA		2.500		06/01/32		113,212
	277,162	h	FNMA		2.500		06/01/32		277,316
	212,249		FNMA		2.500		07/01/32		212,163
	404,024		FNMA		2.500		07/01/32		403,921
	884,983		FNMA		2.500		07/01/32		884,626
	5,691,742		FNMA		3.500		07/01/32		5,886,580
	127,353		FNMA		6.500		07/01/32		143,881
	980,100		FNMA		2.500		08/01/32		979,869
	17,116,710	h	FNMA		3.000		11/01/32		17,447,722
	1,645,027		FNMA		5.000		06/01/33		1,785,732
	2,885,511		FNMA		5.000		10/01/33		3,134,873
	1,303,717		FNMA		5.500		03/01/34		1,447,015
	19,827		FNMA		6.000		11/01/34		22,156
	1,679,644		FNMA		5.000		05/01/35		1,824,779
	1,255,576		FNMA		5.000		10/01/35		1,364,170
	6,668		FNMA		5.000		11/01/35		6,836
	662,124		FNMA		5.000		02/01/36		719,384
	490,818		FNMA		5.500		08/01/37		545,886
	169,005		FNMA		6.000		09/01/37		193,970
	1,228,416		FNMA		5.500		04/01/38		1,355,292
	698,363		FNMA		5.500		11/01/38		776,859
	44,126		FNMA		4.500		04/01/39		47,582
	701,253		FNMA		4.500		05/01/39		756,536
	114,883		FNMA		4.000		07/01/39		121,238
	493,080		FNMA		5.500		08/01/39		547,276
	65,907		FNMA		4.500		02/01/40		70,839
	1,626,913		FNMA		4.500		03/01/40		1,755,549
	403,370		FNMA		5.000		08/01/40		435,476
	850,153		FNMA		5.000		09/01/40		917,843
	16,640		FNMA		6.000		10/01/40		18,832
	187,539		FNMA		4.500		11/01/40		202,475
	1,657,809		FNMA		4.500		01/01/41		1,789,255
	309,738		FNMA		4.500		01/01/41		334,410
	4,210,264		FNMA		4.500		01/01/41		4,566,904
	266,579		FNMA		4.500		02/01/41		287,815
	1,100,186		FNMA		5.000		05/01/41		1,187,996
	333,735		FNMA		4.500		06/01/41		360,322
	271,200		FNMA		4.500		06/01/41		292,805
	1,169,546		FNMA		5.000		07/01/41		1,263,042
	715,864		FNMA		4.500		09/01/41		772,417
	289,209		FNMA		4.500		12/01/41		312,248
	6,594,178		FNMA		5.500		12/01/41		7,462,095
	629,513		FNMA		4.500		01/01/42		682,002
	338,399		FNMA		4.500		01/01/42		365,358
	289,080		FNMA		4.500		03/01/42		312,089
	295,724		FNMA		4.500		04/01/42		319,261
	971,196		FNMA		4.500		04/01/42		1,041,172
	383,310		FNMA		4.500		06/01/42		413,819
	838,039		FNMA		4.500		06/01/42		897,578

27

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	277,411		FNMA		4.500	%	07/01/42	$	299,491
	1,557,281		FNMA		4.500		08/01/42		1,679,825
	32,882		FNMA		3.000		10/01/42		33,066
	287,629		FNMA		3.000		10/01/42		289,240
	3,719,141	w	FNMA		3.000		01/01/43		3,739,927
	1,020,571		FNMA		4.500		01/01/43		1,088,674
	4,830,154	w	FNMA		3.000		02/01/43		4,857,216
	3,241,040		FNMA		3.000		02/25/43		3,271,022
	1,887		FNMA		3.000		04/01/43		1,897
	3,201,027		FNMA		3.000		08/25/43		3,231,516
	1,533,067		FNMA		4.500		10/01/43		1,654,537
	2,201,438		FNMA		4.000		04/01/44		2,323,250
	912,859		FNMA		4.000		06/01/44		963,495
	701,662		FNMA		4.000		06/01/44		740,493
	1,640,373		FNMA		4.500		06/01/44		1,755,803
	6,037,912		FNMA		4.500		06/01/44		6,526,633
	772,061		FNMA		4.000		07/01/44		814,277
	264,429		FNMA		4.000		07/01/44		279,058
	1,083,608		FNMA		4.000		08/01/44		1,143,518
	335,552		FNMA		4.000		08/01/44		353,898
	2,600,028		FNMA		4.000		08/01/44		2,743,379
	1,482,363		FNMA		4.000		08/01/44		1,564,349
	3,808,085		FNMA		4.500		08/01/44		4,114,727
	245,833		FNMA		4.000		09/01/44		259,436
	214,529		FNMA		4.000		09/01/44		226,283
	921,753		FNMA		4.000		10/01/44		972,733
	4,844,958		FNMA		4.500		10/01/44		5,236,417
	3,797,293		FNMA		4.500		11/01/44		4,104,632
	2,362,962		FNMA		4.000		12/01/44		2,493,659
	817,394		FNMA		4.500		12/01/44		883,490
	1,836,914		FNMA		4.000		01/01/45		1,938,535
	10,011,705		FNMA		3.000		02/25/45		10,042,070
	403,084		FNMA		3.500		03/01/45		416,385
	287,982		FNMA		3.500		03/01/45		297,983
	2,909,988		FNMA		3.000		03/25/45		2,928,967
	3,625,738		FNMA		3.500		05/01/45		3,755,272
	549,421		FNMA		4.000		05/01/45		579,821
	1,151,867		FNMA		4.000		06/01/45		1,220,366
	773,626		FNMA		4.000		08/01/45		820,148
	14,503,050		FNMA		4.000		09/01/45		15,303,097
	1,732,348		FNMA		4.000		11/01/45		1,836,555
	876,477		FNMA		4.000		12/01/45		928,955
	7,883,951		FNMA		3.500		01/01/46		8,147,470
	7,180,025		FNMA		4.000		01/01/46		7,592,404
	3,671,610		FNMA		3.500		02/01/46		3,791,954
	6,385,137		FNMA		3.500		06/01/46		6,599,595
	2,972,634		FNMA		3.500		08/01/46		3,055,416
	21,096,974		FNMA		3.000		11/01/46		21,111,907
	24,672,441		FNMA		3.000		12/01/46		24,689,905
	11,623,422		FNMA		3.500		12/01/46		11,947,110
	12,359,459		FNMA		3.500		12/01/46		12,703,644
	17,839,313	h	FNMA		3.000		01/01/47		17,851,940
	41,705,363		FNMA		3.500		01/01/47		42,866,770

28

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	7,646,856		FNMA		3.000	%	04/01/47	$	7,652,269
	968,975		FNMA		3.000		04/01/47		969,661
	50,388,194	h	FNMA		4.000		09/01/47		52,770,670
	961,248		FNMA		4.500		09/01/47		1,023,867
	24,339,296		FNMA		4.500		10/01/47		25,926,093
	2,677,871		FNMA		4.000		12/01/47		2,819,888
	9,350,000	h	FNMA		3.500		01/01/48		9,611,102
	1,000,000	h	FNMA		4.500		01/25/48		1,063,900
	64		Government National Mortgage Association (GNMA)		7.000		01/15/28		69
	1,462		GNMA		7.000		02/15/28		1,489
	690		GNMA		7.000		06/15/28		736
	515		GNMA		7.000		06/15/28		526
	2,031		GNMA		6.500		09/15/28		2,254
	1,055		GNMA		6.500		09/15/28		1,170
	4,590		GNMA		6.500		11/15/28		5,092
	2,683		GNMA		7.500		11/15/28		2,936
	514		GNMA		8.500		07/15/30		516
	15,425		GNMA		8.500		10/15/30		16,133
	6,718		GNMA		8.500		10/20/30		7,715
	864		GNMA		8.500		12/15/30		1,051
	1,393		GNMA		7.000		06/20/31		1,641
	3,230		GNMA		7.000		07/15/31		3,349
	3,497		GNMA		7.000		07/15/31		3,790
	433		GNMA		6.500		03/15/33		481
	19,487		GNMA		6.000		10/20/36		21,796
	22,481		GNMA		6.000		01/20/37		25,516
	79,317		GNMA		6.000		02/20/37		89,765
	51,109		GNMA		6.000		08/20/38		57,624
	66,631		GNMA		6.500		11/20/38		75,669
	12,661		GNMA		4.500		02/20/39		13,648
	582,388		GNMA		5.000		06/15/39		640,359
	17,850		GNMA		4.500		08/20/41		19,246
	63,752		GNMA		4.500		09/20/41		68,734
	13,922		GNMA		4.500		01/20/44		15,007
	17,292		GNMA		4.500		02/20/44		18,639
	26,889		GNMA		4.500		05/20/44		28,985
	192,197		GNMA		4.500		05/20/44		207,100
	208,924		GNMA		4.500		08/20/44		225,185
	211,010		GNMA		4.500		09/20/44		227,406
	75,048		GNMA		4.500		10/20/44		80,604
	56,922		GNMA		4.500		11/20/44		60,982
	131,408		GNMA		4.500		12/20/44		141,638
	199,721		GNMA		4.500		02/20/45		215,127
	232,795		GNMA		4.500		08/20/45		250,944
	248,646		GNMA		4.500		08/20/45		268,000
	232,587		GNMA		4.500		12/20/45		250,737
	18,645,040		GNMA		3.500		08/20/47		19,307,577
	2,993,507		GNMA		3.500		11/20/47		3,099,879
	9,778,164		GNMA		4.000		11/20/47		10,251,271
	46,886,508	h	GNMA		3.000		12/20/47		47,345,224
	28,580,000	h	GNMA		3.500		12/20/47		29,595,567
			TOTAL MORTGAGE BACKED						663,502,665

29

TIAA-CREF FUNDS - Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
MUNICIPAL BONDS - 6.4%
$	28,410,000	California State University		3.899	%	11/01/47	$	29,880,217
	2,500,000	Commonwealth of Massachusetts		3.277		06/01/46		2,411,425
	1,875,000	County of Miami-Dade FL Aviation Revenue		1.885		10/01/21		1,827,637
	1,500,000	County of Miami-Dade FL Aviation Revenue		2.218		10/01/22		1,460,085
	1,500,000	County of Miami-Dade FL Aviation Revenue		2.368		10/01/23		1,454,370
	3,500,000	County of Miami-Dade FL Aviation Revenue		2.504		10/01/24		3,381,140
	3,500,000	County of Miami-Dade FL Aviation Revenue		2.604		10/01/25		3,371,060
	2,500,000	County of Miami-Dade FL Aviation Revenue		2.704		10/01/26		2,409,850
	4,265,000	Denver City & County School District No. 1		3.598		12/15/27		4,441,017
	7,775,000	Florida Hurricane Catastrophe Fund Finance Corp		2.995		07/01/20		7,876,775
	15,000,000	Florida State Board of Administration Finance Corp		2.163		07/01/19		14,967,600
	8,840,000	Health & Educational Facilities Authority of the State of Missouri		3.651		01/15/46		9,016,358
	1,890,000	Imperial Irrigation District Electric System Revenue		1.095		11/01/18		1,875,201
	5,265,000	Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy		1.125		09/01/19		5,176,864
	2,350,000	Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy		1.500		09/01/21		2,265,282
	1,000,000	Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy		2.000		09/01/22		973,290
	4,805,000	Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy		3.375		09/01/35		4,686,749
	6,000,000	New York State Dormitory Authority		3.879		07/01/46		6,163,380
	25,830,000	Ohio State University		3.798		12/01/46		26,684,973
	7,500,000	Port of Morrow OR		1.582		09/01/20		7,364,175
	5,000,000	Port of Morrow OR		1.782		09/01/21		4,896,200
	2,000,000	Port of Seattle WA		3.471		05/01/31		2,014,060
	1,625,000	Port of Seattle WA		3.571		05/01/32		1,644,467
	1,000,000	Regents of the University of California Medical Center Pooled Revenue		2.037		05/15/23		955,060
	1,000,000	Regents of the University of California Medical Center Pooled Revenue		2.259		05/15/24		958,120
	1,250,000	Regents of the University of California Medical Center Pooled Revenue		2.359		05/15/25		1,190,950
	1,785,000	Regents of the University of California Medical Center Pooled Revenue		2.459		05/15/26		1,699,873
	1,600,000	Regents of the University of California Medical Center Pooled Revenue		2.559		05/15/27		1,521,072
	700,000	Regents of the University of California Medical Center Pooled Revenue		2.659		05/15/28		665,021
	905,000	Regents of the University of California Medical Center Pooled Revenue		2.759		05/15/29		849,225
	4,500,000	San Francisco City & County Redevelopment Agency		2.526		08/01/20		4,502,970
	5,000,000	San Francisco City & County Redevelopment Agency		2.813		08/01/21		5,017,900
	875,000	San Francisco City & County Redevelopment Agency		3.113		08/01/22		885,063

30

TIAA-CREF FUNDS - Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	11,365,000	San Jose Redevelopment Agency		3.375	%	08/01/34	$	11,196,798
	3,460,000	State of Georgia		1.910		02/01/23		3,357,757
	1,200,000	State of Illinois		5.665		03/01/18		1,206,528
	4,800,000	State of Illinois		4.350		06/01/18		4,833,648
	1,845,000	State of Illinois		4.700		01/01/21		1,894,151
	32,325,000	State of Illinois		5.100		06/01/33		32,271,341
	13,000,000	State of Michigan		1.779		11/01/21		12,740,520
	7,000,000	State of Michigan		1.966		11/01/22		6,837,320
	9,900,000	State of Wisconsin		3.154		05/01/27		10,038,402
	1,763,000	State Public School Building Authority		5.000		09/15/27		1,971,757
	7,500,000	Texas A&M University		3.993		05/15/37		7,719,150
	2,500,000	University of California		0.993		05/15/18		2,491,250
	1,185,000	University of California		1.228		05/15/19		1,171,373
	1,920,000	University of California		1.534		05/15/20		1,886,304
	1,000,000	University of California		1.784		05/15/21		979,150
	15,000,000	University of California		1.910		05/15/21		14,795,850
	3,000,000	University of California		2.020		05/15/22		2,922,570
	3,000,000	University of California		2.220		05/15/23		2,921,370
	2,000,000	University of California		2.439		05/15/24		1,948,320
	2,000,000	University of California		2.589		05/15/25		1,953,720
	6,635,000	University of California		3.552		05/15/39		6,610,384
		TOTAL MUNICIPAL BONDS						296,235,092
U.S. TREASURY SECURITIES - 9.2%
	5,500,000	United States Treasury Bond		5.375		02/15/31		7,304,909
	5,000,000	United States Treasury Bond		4.500		02/15/36		6,432,412
	2,250,000	United States Treasury Bond		4.750		02/15/37		2,995,268
	43,050,000	United States Treasury Bond		3.500		02/15/39		49,125,619
	16,015,000	United States Treasury Bond		3.875		08/15/40		19,277,560
	14,380,000	United States Treasury Bond		2.500		05/15/46		13,663,447
	10,450,000	United States Treasury Bond		3.000		05/15/47		10,974,681
	21,235,000	United States Treasury Bond		2.750		08/15/47		21,237,677
	47,500,000	United States Treasury Bond		2.750		11/15/47		47,524,463
	2,900,000	United States Treasury Note		0.875		05/31/18		2,893,430
	1,600,000	United States Treasury Note		0.750		08/31/18		1,590,237
	4,375,000	United States Treasury Note		1.000		11/30/18		4,343,780
	2,550,000	United States Treasury Note		1.250		12/31/18		2,535,767
	740,000	United States Treasury Note		1.125		02/28/19		733,896
	1,000,000	United States Treasury Note		1.250		03/31/19		992,565
	1,330,000	United States Treasury Note		1.250		04/30/19		1,319,353
	200,000	United States Treasury Note		1.250		05/31/19		198,330
	2,690,000	United States Treasury Note		1.375		07/31/19		2,669,497
	260,000	United States Treasury Note		0.875		09/15/19		255,618
	5,996,000	United States Treasury Note		1.375		09/30/19		5,943,637
	875,000	United States Treasury Note		1.500		10/31/19		868,879
	14,500,000	United States Treasury Note		1.750		11/30/19		14,462,012
	3,080,000	United States Treasury Note		1.625		03/15/20		3,060,850
	23,000,000	United States Treasury Note		1.500		05/15/20		22,777,189
	30,000,000	United States Treasury Note		1.500		07/15/20		29,675,656
	1,765,000	United States Treasury Note		1.500		08/15/20		1,745,307
	22,800,000	United States Treasury Note		1.375		09/15/20		22,472,712
	26,510,000	United States Treasury Note		1.750		11/15/20		26,355,538
	310,000	United States Treasury Note		2.125		01/31/21		311,067

31

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	715,000		United States Treasury Note			2.000	%	05/31/21	$	713,721
	280,000		United States Treasury Note			2.000		08/31/21		279,063
	1,250,000		United States Treasury Note			1.750		04/30/22		1,228,361
	1,930,000		United States Treasury Note			2.125		06/30/22		1,926,265
	1,077,000		United States Treasury Note			1.875		08/31/22		1,061,733
	3,800,000		United States Treasury Note			2.000		11/30/22		3,764,878
	510,000		United States Treasury Note			1.375		06/30/23		487,121
	1,900,000		United States Treasury Note			1.375		08/31/23		1,810,959
	4,445,000		United States Treasury Note			2.250		12/31/23		4,435,893
	2,865,000		United States Treasury Note			2.000		04/30/24		2,812,661
	3,950,000		United States Treasury Note			2.000		06/30/24		3,873,499
	2,200,000		United States Treasury Note			2.125		07/31/24		2,173,368
	78,000,000		United States Treasury Note			2.125		11/30/24		76,957,491
	3,115,000		United States Treasury Note			2.250		11/15/27		3,070,081
			TOTAL U.S. TREASURY SECURITIES							428,336,450
			TOTAL GOVERNMENT BONDS							1,566,954,225
			(Cost $1,561,059,449)
STRUCTURED ASSETS - 26.5%
ASSET BACKED - 11.1%
	102,207	i	ACE Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.735%		2.287		08/25/35		102,321
			Series - 2005 HE5 (Class M2)
	1,800,000		Ally Auto Receivables Trust			2.100		03/15/22		1,792,303
			Series - 2017 2 (Class A4)
	5,000,000		American Express Credit Account Master Trust			2.350		05/15/25		4,983,414
			Series - 2017 7 (Class A)
	7,660,183		AmeriCredit Automobile Receivables Trust			3.000		07/08/19		7,667,872
			Series - 2013 3 (Class D)
	1,550,000		AmeriCredit Automobile Receivables Trust			2.400		01/08/21		1,554,244
			Series - 2015 2 (Class C)
	1,500,000		AmeriCredit Automobile Receivables Trust			1.460		05/10/21		1,493,104
			Series - 2016 3 (Class A3)
	5,250,000		AmeriCredit Automobile Receivables Trust			1.530		07/08/21		5,215,759
			Series - 2016 4 (Class A3)
	1,845,000		AmeriCredit Automobile Receivables Trust			3.340		08/08/21		1,870,589
			Series - 2015 3 (Class D)
	3,500,000		AmeriCredit Automobile Receivables Trust			1.870		08/18/21		3,488,755
			Series - 2017 1 (Class A3)
	5,500,000		AmeriCredit Automobile Receivables Trust			2.740		12/08/22		5,451,295
			Series - 2016 4 (Class D)
	3,500,000	g	Anchorage Capital CLO 7 Ltd			3.300		10/15/27		3,481,445
			Series - 2015 7A (Class B2R)
	3,000,000	†,g,h	ARES XLVI CLO Ltd			3.570		01/15/30		3,000,000
			Series - 2017 46A (Class B2)
	1,500,000	g,i	Ares XXXIV CLO Ltd	LIBOR 3 M + 5.200%		6.578		07/29/26		1,500,010
			Series - 2015 2A (Class E2)
	55,677	†,g	Asset Backed Funding Corp NIM Trust			5.900		07/26/35		0
			Series - 2006 WMC1 (Class N1)
	4,900,000	g	Avis Budget Rental Car Funding AESOP LLC			3.040		03/20/19		4,905,708
			Series - 2012 3A (Class B)
	6,000,000	g	Avis Budget Rental Car Funding AESOP LLC			3.070		09/20/23		6,043,750
			Series - 2017 1A (Class A)

32

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	8,500,000	g	Avis Budget Rental Car Funding AESOP LLC			2.970	%	03/20/24	$	8,498,609
			Series - 2017 2A (Class A)
	2,000,000	g	BBCMS Trust			3.821		09/05/32		2,040,164
			Series - 2013 TYSN (Class C)
	1,500,000	g	Bowman Park CLO Ltd			3.545		11/23/25		1,500,233
			Series - 2014 1A (Class B2R)
	470,242		Capital Auto Receivables Asset Trust			1.620		03/20/19		470,201
			Series - 2015 4 (Class A2)
	1,500,000		Capital Auto Receivables Asset Trust			1.630		01/20/21		1,490,200
			Series - 2016 2 (Class A4)
	2,250,000		Capital Auto Receivables Asset Trust			1.690		03/20/21		2,233,516
			Series - 2016 3 (Class A4)
	6,000,000	g	Capital Automotive REIT			3.660		10/15/44		6,014,040
			Series - 2014 1A (Class A)
	10,430,000	g	Capital Automotive REIT			3.870		04/15/47		10,575,090
			Series - 2017 1A (Class A1)
	5,000,000		Capital One Multi-Asset Execution Trust			2.430		01/15/25		5,003,473
			Series - 2017 A3 (Class A3)
	2,500,000	g,i	Carlyle Global Market Strategies Ltd	LIBOR 3 M + 5.300%		6.663		04/20/27		2,509,358
			Series - 2015 1A (Class E1)
	1,500,000		CarMax Auto Owner Trust			1.600		01/18/22		1,475,379
			Series - 2016 3 (Class A4)
	4,850,000		CarMax Auto Owner Trust			2.250		09/15/22		4,829,073
			Series - 2017 2 (Class A4)
	9,500,000		CarMax Auto Owner Trust			2.270		09/15/22		9,458,889
			Series - 2017 1 (Class A4)
	1,100,000		CarMax Auto Owner Trust			2.330		05/15/23		1,092,990
			Series - 2017 4 (Class A4)
	8,817,685	†,g,i	CBRE Realty Finance	LIBOR 3 M + 0.300%		1.650		04/07/52		299,215
			Series - 2007 1A (Class A2)
	1,000,000	g	Cent CLO 21 Ltd			3.500		07/27/26		1,001,732
			Series - 2014 21A (Class A2BR)
	104,482		CIT Group Home Equity Loan Trust			6.200		02/25/30		106,444
			Series - 2002 1 (Class AF6)
	1,164,249		Citigroup Commercial Mortgage Trust			1.847		11/10/48		1,157,332
			Series - 2015 GC35 (Class A1)
	2,000,000		CNH Equipment Trust			1.440		12/15/21		1,979,823
			Series - 2016 C (Class A3)
	3,500,000		CNH Equipment Trust			2.480		02/15/24		3,510,712
			Series - 2017 A (Class A4)
	2,250,000	g	DaimlerChrysler Capital Auto Receivables Trust			1.640		07/15/21		2,240,290
			Series - 2016 BA (Class A3)
	6,807,500	g	DB Master Finance LLC			3.980		02/20/45		6,948,483
			Series - 2015 1A (Class A2II)
	7,500,000	g	DB Master Finance LLC			3.629		11/20/47		7,548,900
			Series - 2017 1A (Class A2I)
	5,000,000		Discover Card Execution Note Trust			2.390		07/15/24		4,998,620
			Series - 2017 A2 (Class A2)
	2,955,000	g	Domino’s Pizza Master Issuer LLC			3.484		10/25/45		2,965,283
			Series - 2015 1A (Class A2I)
	886,500	g	Domino’s Pizza Master Issuer LLC			4.474		10/25/45		905,613
			Series - 2015 1A (Class A2II)

33

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	16,159,500	g	Domino’s Pizza Master Issuer LLC		3.082	%	07/25/47	$	15,982,069
			Series - 2017 1A (Class A2II)
	2,238,750	g	FOCUS Brands Funding LLC		3.857		04/30/47		2,264,518
			Series - 2017 1A (Class A2I)
	5,000,000		Ford Credit Auto Lease Trust		1.880		04/15/20		4,990,226
			Series - 2017 A (Class A3)
	2,000,000	g	Ford Credit Auto Owner Trust		2.150		07/15/26		1,995,572
			Series - 2015 1 (Class A)
	4,593,000	g	Ford Credit Auto Owner Trust		2.440		01/15/27		4,609,905
			Series - 2015 2 (Class A)
	6,500,000	g	Ford Credit Auto Owner Trust		2.310		08/15/27		6,477,919
			Series - 2016 1 (Class A)
	11,000,000	g	Ford Credit Auto Owner Trust		2.030		12/15/27		10,840,083
			Series - 2016 2 (Class A)
	6,000,000	g	Ford Credit Auto Owner Trust		2.620		08/15/28		6,002,867
			Series - 2017 1 (Class A)
	8,500,000	g	Ford Credit Auto Owner Trust		2.360		03/15/29		8,421,667
			Series - 2017 2 (Class A)
	1,500,000		Ford Credit Floorplan Master Owner Trust		2.070		05/15/22		1,492,116
			Series - 2017 1 (Class A1)
	5,000,000		Ford Credit Floorplan Master Owner Trust		2.390		08/15/22		5,007,218
			Series - 2015 5 (Class A)
	2,500,000		Ford Credit Floorplan Master Owner Trust		2.160		09/15/22		2,490,085
			Series - 2017 2 (Class A1)
	3,500,000		Ford Credit Floorplan Master Owner Trust		2.480		09/15/24		3,480,242
			Series - 2017 3 (Class A)
	2,250,000	g,i	FREMF Mortgage Trust		4.019		03/25/49		2,316,308
			Series - 2016 K53 (Class B)
	1,500,000		GM Financial Automobile Leasing Trust		2.020		09/21/20		1,495,565
			Series - 2017 2 (Class A3)
	2,000,000		GM Financial Automobile Leasing Trust		2.010		11/20/20		1,992,608
			Series - 2017 3 (Class A3)
	3,000,000	g	GM Financial Consumer Automobile Receivables Trust		2.130		03/16/23		2,980,935
			Series - 2017 3A (Class A4)
	3,000,000	g	GMF Floorplan Owner Revolving Trust		2.130		07/15/20		2,976,389
			Series - 2017 2 (Class A1)
	1,500,000	g	GMF Floorplan Owner Revolving Trust		1.960		05/17/21		1,495,525
			Series - 2016 1 (Class A1)
	10,000,000	g	GMF Floorplan Owner Revolving Trust		2.220		01/18/22		9,972,389
			Series - 2017 1 (Class A1)
	2,486,077	g	HERO Funding Trust		3.190		09/20/48		2,478,913
			Series - 2017 3A (Class A1)
	955,266	g	HERO Funding Trust		3.280		09/20/48		951,323
			Series - 2017 2A (Class A1)
	3,231,900	g	HERO Funding Trust		3.950		09/20/48		3,332,715
			Series - 2017 3A (Class A2)
	1,910,532	g	HERO Funding Trust		4.070		09/20/48		1,948,069
			Series - 2017 2A (Class A2)
	4,500,000	g	Hertz Vehicle Financing LLC		1.830		08/25/19		4,493,714
			Series - 2013 1A (Class A2)
	5,625,000	g	Hertz Vehicle Financing LLC		2.270		07/25/20		5,597,954
			Series - 2016 3A (Class A)

34

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	3,349,973	g	Hilton Grand Vacations Trust			2.660	%	12/26/28	$	3,325,975
			Series - 2017 AA (Class A)
	2,512,479	g,i	Hilton Grand Vacations Trust			2.960		12/26/28		2,495,765
			Series - 2017 AA (Class B)
	449,963	i	Lehman XS Trust	LIBOR 1 M + 0.250%		1.802		02/25/36		449,098
			Series - 2006 1 (Class 1A1)
	1,462,462	i	Lehman XS Trust			6.500		06/25/46		1,232,368
			Series - 2006 13 (Class 2A1)
	2,000,000	g	Madison Park Funding XIII Ltd			3.300		01/19/25		2,001,558
			Series - 2014 13A (Class B2R)
	1,500,805	g	MVW Owner Trust			2.520		12/20/32		1,493,130
			Series - 2015 1A (Class A)
	3,000,000	g,i	Navistar Financial Dealer Note Master Owner Trust II	LIBOR 1 M + 1.350%		2.902		09/27/21		3,017,642
			Series - 2016 1 (Class A)
	24,252,891	g,i	New Residential Mortgage Loan Trust			4.000		02/25/57		24,971,635
			Series - 2017 1A (Class A1)
	1,250,000	g,i	Octagon Investment Partners XXII Ltd	LIBOR 3 M + 6.000%		7.122		11/25/25		1,259,920
			Series - 2014 1A (Class E2R)
	1,500,000	g	OHA Loan Funding LLC			3.600		10/20/26		1,503,636
			Series - 2014 1A (Class B2R)
	151,387	g	OneMain Direct Auto Receivables Trust			2.040		01/15/21		151,439
			Series - 2016 1A (Class A)
	473,733	g,i	Orange Lake Timeshare Trust			3.030		07/09/29		469,146
			Series - 2014 AA (Class B)
	115,386		Residential Funding Mortgage Securities II, Inc			6.560		02/25/36		120,836
			Series - 2006 HI1 (Class M2)
	1,500,393		Santander Drive Auto Receivables Trust			1.560		05/15/20		1,499,515
			Series - 2016 2 (Class A3)
	355,987		Santander Drive Auto Receivables Trust			1.960		05/15/20		356,005
			Series - 2015 5 (Class B)
	4,500,000		Santander Drive Auto Receivables Trust			1.770		09/15/20		4,492,481
			Series - 2017 1 (Class A3)
	1,500,000		Santander Drive Auto Receivables Trust			1.870		12/15/20		1,498,929
			Series - 2017 2 (Class A3)
	3,000,000		Santander Drive Auto Receivables Trust			1.870		06/15/21		2,987,577
			Series - 2017 3 (Class A3)
	800,000		Santander Drive Auto Receivables Trust			2.740		12/15/21		803,652
			Series - 2015 5 (Class C)
	6,000,000		Santander Drive Auto Receivables Trust			2.800		08/15/22		5,973,039
			Series - 2016 3 (Class D)
	4,000,000		Santander Drive Auto Receivables Trust			3.170		04/17/23		4,019,926
			Series - 2017 1 (Class D)
	1,829,777	g	Sierra Receivables Funding Co LLC			1.590		11/20/29		1,828,794
			Series - 2013 1A (Class A)
	442,999	g	Sierra Receivables Funding Co LLC			2.390		11/20/29		442,892
			Series - 2013 1A (Class B)
	3,375,612	g	Sierra Receivables Funding Co LLC			3.050		03/22/32		3,376,439
			Series - 2015 1A (Class B)
	11,155,323	g	Sierra Receivables Funding Co LLC			2.910		03/20/34		11,167,712
			Series - 2017 1A (Class A)

35

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	756,806	g	Sierra Receivables Funding Co LLC			3.200	%	03/20/34	$	754,222
			Series - 2017 1A (Class B)
	1,531,196	g	Sierra Timeshare Receivables Funding LLC			2.580		09/20/32		1,528,932
			Series - 2015 3A (Class A)
	153,120	g	Sierra Timeshare Receivables Funding LLC			3.080		09/20/32		152,625
			Series - 2015 3A (Class B)
	2,577,057	g	Sierra Timeshare Receivables Funding LLC			3.080		03/21/33		2,585,794
			Series - 2016 1A (Class A)
	4,948,478	g	Sierra Timeshare Receivables Funding LLC			2.330		07/20/33		4,911,178
			Series - 2016 2A (Class A)
	635,507	g	Sierra Timeshare Receivables Funding LLC			2.780		07/20/33		631,764
			Series - 2016 2A (Class B)
	3,154,338	g	Sierra Timeshare Receivables Funding LLC			2.430		10/20/33		3,136,290
			Series - 2016 3A (Class A)
	1,941,131	g	Sierra Timeshare Receivables Funding LLC			2.630		10/20/33		1,903,434
			Series - 2016 3A (Class B)
	3,984,168	g	SMB Private Education Loan Trust			2.490		06/15/27		3,975,425
			Series - 2015 A (Class A2A)
	9,450,580	g	SMB Private Education Loan Trust			2.750		07/15/27		9,465,094
			Series - 2015 C (Class A2A)
	10,000,000	g	SMB Private Education Loan Trust			2.430		02/17/32		9,828,225
			Series - 2016 B (Class A2A)
	5,125,000	g	SMB Private Education Loan Trust			2.880		09/15/34		5,133,222
			Series - 2017 A (Class A2A)
	3,750,000	g	SMB Private Education Loan Trust			2.820		10/15/35		3,735,174
			Series - 2017 B (Class A2A)
	1,845,488	g	SoFi Professional Loan Program LLC			1.530		04/25/33		1,839,286
			Series - 2016 D (Class A2A)
	5,000,000	g	SoFi Professional Loan Program LLC			2.340		04/25/33		4,918,111
			Series - 2016 D (Class A2B)
	7,355,000	g	SoFi Professional Loan Program LLC			2.490		01/25/36		7,281,019
			Series - 2016 E (Class A2B)
	3,624,977	g	SoFi Professional Loan Program LLC			2.760		12/26/36		3,620,780
			Series - 2016 A (Class A2)
	858,693	g	SoFi Professional Loan Program LLC			1.550		03/26/40		854,540
			Series - 2017 A (Class A2A)
	3,825,000	g	SoFi Professional Loan Program LLC			2.400		03/26/40		3,765,045
			Series - 2017 A (Class A2B)
	5,762,311	g	SoFi Professional Loan Program LLC			1.830		05/25/40		5,746,209
			Series - 2017 B (Class A1FX)
	5,075,000	g	SoFi Professional Loan Program LLC			2.740		05/25/40		5,059,321
			Series - 2017 B (Class A2FX)
	2,250,000	g	SoFi Professional Loan Program LLC			2.630		07/25/40		2,235,225
			Series - 2017 C (Class A2B)
	3,750,000	g	SoFi Professional Loan Program LLC			2.720		11/26/40		3,731,047
			Series - 2017 E (Class A2B)
	6,750,000	g	SoFi Professional Loan Program LLC			2.840		01/25/41		6,757,956
			Series - 2017 F (Class A2FX)
	1,942,664	g	SolarCity LMC			4.800		11/20/38		1,998,603
			Series - 2013 1 (Class A)
	1,939,848	†,g	SolarCity LMC			4.020		07/20/44		1,871,833
			Series - 2014 2 (Class A)
	2,600,000	g,i	Sound Point Clo XV Ltd	LIBOR 3 M + 5.960%		7.323		01/23/29		2,627,550
			Series - 2017 1A (Class E)

36

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	11,979,874	g	SpringCastle America Funding LLC			3.050	%	04/25/29	$	12,054,170
			Series - 2016 AA (Class A)
	3,000,000	g	SpringCastle America Funding LLC			4.100		10/25/33		2,973,976
			Series - 2016 AA (Class B)
	2,500,000		Synchrony Credit Card Master Note Trust			2.210		05/15/24		2,484,979
			Series - 2016 2 (Class A)
	2,962,500	g	Taco Bell Funding LLC			3.832		05/25/46		3,002,701
			Series - 2016 1A (Class A2I)
	2,000,000	g	Verizon Owner Trust			2.060		09/20/21		1,994,978
			Series - 2017 1A (Class A)
	3,000,000	g	Verizon Owner Trust			1.920		12/20/21		2,979,955
			Series - 2017 2A (Class A)
	2,000,000	g	VOLT LIX LLC			5.375		05/25/47		2,013,041
			Series - 2017 NPL6 (Class A2)
	61,542	g,i	Wachovia Loan Trust	LIBOR 1 M + 0.360%		1.912		05/25/35		61,285
			Series - 2005 SD1 (Class A)
	5,376,250	g	Wendys Funding LLC			3.371		06/15/45		5,390,658
			Series - 2015 1A (Class A2I)
	6,000,000	g,h	Wendys Funding LLC			3.573		03/15/48		5,998,128
			Series - 2018 1A (Class A2I)
	1,000,000	g,h	Wendys Funding LLC			3.884		03/15/48		1,000,703
			Series - 2018 1A (Class A2II)
	1,000,000		World Financial Network Credit Card Master Trust			2.030		04/15/25		981,889
			Series - 2016 A (Class A)
	2,000,000		World Omni Auto Receivables Trust			2.240		06/15/23		1,991,224
			Series - 2017 A (Class A4)
	2,500,000		World Omni Automobile Lease Securitization Trust			1.610		01/15/22		2,483,824
			Series - 2016 A (Class A4)
	18,491,000	g,i	Worldwide Plaza Trust			3.596		11/10/36		17,085,048
			Series - 2017 WWP (Class E)
	12,048,000	g,i	Worldwide Plaza Trust			3.596		11/10/36		12,180,303
			Series - 2017 WWP (Class B)
			TOTAL ASSET BACKED							515,155,000
OTHER MORTGAGE BACKED – 15.4%
	881,542	g	7 WTC Depositor LLC Trust			4.082		03/13/31		885,252
			Series - 2012 7WTC (Class A)
	1,268,509	i	American Home Mortgage Investment Trust	LIBOR 6 M + 1.500%		3.073		10/25/34		1,255,052
			Series - 2004 3 (Class 4A)
	439,813	i	Banc of America Commercial Mortgage Trust			5.724		05/10/45		439,194
			Series - 2006 2 (Class C)
	170,390	g	Banc of America Commercial Mortgage Trust			5.416		01/15/49		172,595
			Series - 2007 1 (Class AM)
	8,014,022		Banc of America Commercial Mortgage Trust			1.559		07/15/49		7,923,058
			Series - 2016 UB10 (Class A1)
	6,000,000		Banc of America Commercial Mortgage Trust			3.366		02/15/50		6,144,574
			Series - 2017 BNK3 (Class ASB)
	2,085,000	g,i	Banc of America Commercial Mortgage Trust			5.859		02/10/51		2,094,059
			Series - 2007 4 (Class E)
	3,658,000	g,i	Banc of America Commercial Mortgage Trust			6.000		02/10/51		3,673,894
			Series - 2007 4 (Class D)

37

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	6,000,000	g,i	Banc of America Commercial Mortgage Trust			6.038	%	02/10/51	$	5,986,794
			Series - 2007 5 (Class B)
	12,000,000		BANK 2017-BNK4			3.731		11/15/50		12,338,270
			Series - 2017 BNK8 (Class AS)
	7,500,000		BANK 2017-BNK6 Class A-SB			3.289		07/15/60		7,631,197
			Series - 2017 BNK6 (Class ASB)
	2,000,000	g,i	Bear Stearns Commercial Mortgage Securities Trust			5.294		02/11/41		1,666,300
			Series - 2005 PWR7 (Class E)
	1,000,000	g,i	Bear Stearns Commercial Mortgage Securities Trust			5.703		11/11/41		1,041,794
			Series - 2004 PWR6 (Class G)
	1,154,000	g,i	Bear Stearns Commercial Mortgage Securities Trust			5.808		02/13/42		1,199,112
			Series - 2005 T18 (Class F)
	567,841	g,i	Bear Stearns Commercial Mortgage Securities Trust			5.147		02/13/46		573,539
			Series - 2004 T16 (Class G)
	9,000,000		CD Mortgage Trust			3.453		02/10/50		9,261,094
			Series - 2017 CD3 (Class AAB)
	22,068,000	i	CD Mortgage Trust			3.684		08/15/50		22,514,420
			Series - 2017 CD5 (Class AS)
	21,000,000		CGMS Commercial Mortgage Trust			3.197		08/15/50		21,142,479
			Series - 2017 B1 (Class A3)
	1,062,208		CHL Mortgage Pass-Through Trust			3.513		02/20/35		1,073,069
			Series - 2004 HYB9 (Class 1A1)
	5,000,000		Citigroup Commercial Mortgage Trust			3.297		10/12/50		5,112,641
			Series - 2017 C4 (Class AAB)
	3,701,779	g,i	Citigroup Mortgage Loan Trust	LIBOR 1 M + 0.180%		1.508		05/25/37		3,602,079
			Series - 2015 8 (Class 1A1)
	7,552,038	i	COBALT CMBS Commercial Mortgage Trust			5.839		05/15/46		7,676,193
			Series - 2007 C3 (Class AJ)
	12,390,000	g,i	COMM Mortgage Trust			3.538		10/10/29		12,405,611
			Series - 2017 PANW (Class C)
	2,095,000		COMM Mortgage Trust			3.040		02/10/48		2,120,796
			Series - 2015 LC19 (Class ASB)
	6,249,685	i	Connecticut Avenue Securities	LIBOR 1 M + 2.150%		3.702		09/25/28		6,311,251
			Series - 2016 C02 (Class 1 M1)
	3,971,045	i	Connecticut Avenue Securities	LIBOR 1 M + 2.000%		3.552		10/25/28		4,034,270
			Series - 2016 C03 (Class 1 M1)
	10,815,989	i	Connecticut Avenue Securities	LIBOR 1 M + 1.350%		2.902		01/25/29		10,882,012
			Series - 2016 C05 (Class 2 M1)
	16,072,220	i	Connecticut Avenue Securities	LIBOR 1 M + 1.450%		3.002		01/25/29		16,228,489
			Series - 2016 C04 (Class 1 M1)
	17,024,244	i	Connecticut Avenue Securities	LIBOR 1 M + 1.300%		2.630		04/25/29		17,218,974
			Series - 2016 C06 (Class 1 M1)
	36,890,677	i	Connecticut Avenue Securities	LIBOR 1 M + 1.300%		2.630		07/25/29		37,269,083
			Series - 2017 C01 (Class 1 M1)
	13,502,489	i	Connecticut Avenue Securities	LIBOR 1 M + 0.950%		2.502		10/25/29		13,609,831
			Series - 2017 C03 (Class 1 M1)

38

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	4,161,150	i	Connecticut Avenue Securities	LIBOR 1 M + 0.550%		2.102	%	01/25/30	$	4,166,455
			Series - 2017 C05 (Class 1 M1)
	29,822,705	i	Connecticut Avenue Securities	LIBOR 1 M + 0.650%		2.202		05/25/30		29,867,606
			Series - 2017 C07 (Class 1 M1)
	110,588	i	Credit Suisse First Boston Mortgage Securities Corp			5.100		08/15/38		111,432
			Series - 2005 C5 (Class F)
	3,500,000	i	CSAIL 2015-C1 Commercial Mortgage Trust			3.791		04/15/50		3,595,265
			Series - 2015 C1 (Class AS)
	5,500,000		CSAIL Commercial Mortgage Trust			3.314		11/15/49		5,595,487
			Series - 2016 C7 (Class ASB)
	10,110,000	g,i	DBUBS Mortgage Trust			5.698		11/10/46		10,830,134
			Series - 2011 LC1A (Class C)
	3,105,360	i	GE Capital Commercial Mortgage Corp			5.731		11/10/45		3,166,809
			Series - 2005 C4 (Class AJ)
	750,000	i	GE Commercial Mortgage Corp			5.606		12/10/49		759,130
			Series - 2007 C1 (Class AM)
	7,000,000	g	GRACE Mortgage Trust			3.369		06/10/28		7,179,066
			Series - 2014 GRCE (Class A)
	1,000,000	g	GS Mortgage Securities Corp II			2.933		06/05/31		1,008,455
			Series - 2012 SHOP (Class A)
	17,500,000	g	GS Mortgage Securities Corp II			3.419		10/10/32		17,714,900
			Series - 2017 SLP (Class A)
	1,344,000	g	GS Mortgage Securities Corp II			3.551		04/10/34		1,385,615
			Series - 2012 ALOH (Class A)
	3,059,185		GS Mortgage Securities Trust			1.478		05/10/49		3,009,821
			Series - 2016 GS2 (Class A1)
	8,000,000		GS Mortgage Securities Trust			3.467		03/10/50		8,247,538
			Series - 2017 GS5 (Class AAB)
	10,000,000		GS Mortgage Securities Trust			3.167		08/10/50		9,979,500
			Series - 2017 GS7 (Class A3)
	3,500,000	g,i	Hudson Yards Mortgage Trust			2.977		08/10/38		3,345,250
			Series - 2016 10HY (Class C)
	3,000,000	g,i	Hudson Yards Mortgage Trust			2.977		08/10/38		2,899,551
			Series - 2016 10HY (Class B)
	269,715	i	Impac CMB Trust	LIBOR 1 M + 0.660%		2.212		03/25/35		258,382
			Series - 2004 11 (Class 2A1)
	1,700,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			4.052		01/15/46		1,617,227
			Series - 2013 C13 (Class D)
	6,950,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.631		02/15/46		7,197,442
			Series - 2011 C3 (Class D)
	10,000,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.631		02/15/46		9,888,360
			Series - 2011 C3 (Class E)
	20,000,000		JPMBB Commercial Mortgage Securities Trust			3.493		08/15/47		20,620,216
			Series - 2014 C21 (Class A4)
	1,497,000	g,i	JPMBB Commercial Mortgage Securities Trust			3.364		09/15/47		925,646
			Series - 2014 C23 (Class E)
	1,000,000	i	JPMBB Commercial Mortgage Securities Trust			4.344		02/15/48		980,357
			Series - 2015 C27 (Class C)
	3,419,000		JPMBB Commercial Mortgage Securities Trust			3.227		10/15/48		3,460,077
			Series - 2015 C28 (Class A4)

39

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	1,684,701	i	LB-UBS Commercial Mortgage Trust			5.541	%	03/15/39	$	1,702,923
			Series - 2006 C3 (Class C)
	1,550,310	i	LB-UBS Commercial Mortgage Trust			5.563		02/15/40		1,551,346
			Series - 2007 C1 (Class D)
	526,164	i	LB-UBS Commercial Mortgage Trust			6.114		07/15/40		525,896
			Series - 2007 C6 (Class AM)
	2,660,713	†,g,i	LVII Resecuritization Trust	LIBOR 1 M + 2.800%		4.042		07/25/47		2,665,702
			Series - 2015 A (Class A)
	25,000,000	g,i	MAD Mortgage Trust			3.294		08/15/34		25,148,180
			Series - 2017 330M (Class A)
	1,000,000	g,i	MAD Mortgage Trust			3.366		08/15/34		1,004,800
			Series - 2017 330M (Class B)
	6,534,767	i	ML-CFC Commercial Mortgage Trust			5.526		03/12/51		6,608,336
			Series - 2007 6 (Class AM)
	5,000,000		Morgan Stanley Bank of America Merrill Lynch Trust			3.476		11/15/45		5,101,437
			Series - 2012 C6 (Class AS)
	140,000		Morgan Stanley Bank of America Merrill Lynch Trust			3.069		02/15/48		141,919
			Series - 2015 C20 (Class ASB)
	2,240,922	i	Morgan Stanley Capital I Trust			5.389		11/12/41		2,242,637
			Series - 2006 HQ10 (Class AJ)
	3,917,864	i	Morgan Stanley Capital I Trust			5.951		06/11/42		4,052,555
			Series - 2007 T27 (Class AJ)
	5,000,000	g,i	Morgan Stanley Capital I Trust			5.792		09/15/42		5,267,677
			Series - 2005 IQ10 (Class E)
	1,168,047	i	Morgan Stanley Capital I Trust			5.815		04/12/49		1,170,775
			Series - 2007 HQ12 (Class D)
	4,970,828	i	Morgan Stanley Capital I Trust			5.995		06/11/49		4,978,360
			Series - 2007 IQ15 (Class AJ)
	13,000,000		Morgan Stanley Capital I Trust			2.606		08/15/49		12,749,887
			Series - 2016 UB11 (Class ASB)
	4,757,955	i	Morgan Stanley Capital I Trust			6.169		12/12/49		4,282,159
			Series - 2007 IQ16 (Class AJ)
	12,000,000	g	MSSG Trust			3.865		09/13/39		11,639,099
			Series - 2017 237P (Class D)
	18,445,000	g	One Market Plaza Trust			3.614		02/10/32		18,988,565
			Series - 2017 1 MKT (Class A)
	6,962,386	g,i	Sequoia Mortgage Trust			3.500		03/25/47		7,061,308
			Series - 2017 2 (Class A4)
	10,649,916	g,i	Sequoia Mortgage Trust			3.500		03/25/47		10,898,112
			Series - 2017 2 (Class A1)
	12,300,247	g,i	Sequoia Mortgage Trust			3.500		04/25/47		12,466,398
			Series - 2017 3 (Class A4)
	4,576,271	g,i	Sequoia Mortgage Trust			3.500		08/25/47		4,641,162
			Series - 2017 5 (Class A4)
	16,222,658	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.200%		3.752		09/25/24		16,738,173
			Series - 2014 HQ2 (Class M2)
	3,131,278	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.200%		3.752		03/25/25		3,157,099
			Series - 2015 HQ1 (Class M2)

40

TIAA-CREF FUNDS - Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	1,750,000	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 3.800%		5.352	%	03/25/25	$	1,902,248
			Series - 2015 HQ1 (Class M3)
	3,369,002	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.950%		3.502		05/25/25		3,446,916
			Series - 2015 HQ2 (Class M2)
	5,512,096	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.600%		4.152		12/25/27		5,629,031
			Series - 2015 DNA2 (Class M2)
	5,025,329	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.650%		4.202		03/25/28		5,125,041
			Series - 2015 HQA1 (Class M2)
	326,641	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.450%		3.002		07/25/28		327,283
			Series - 2016 DNA1 (Class M1)
	4,157,179	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.200%		3.752		10/25/28		4,214,778
			Series - 2016 DNA2 (Class M2)
	5,940,904	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.100%		2.652		12/25/28		5,949,738
			Series - 2016 DNA3 (Class M1)
	4,983,166	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 0.800%		2.352		03/25/29		4,992,983
			Series - 2016 DNA4 (Class M1)
	2,750,000	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.300%		2.852		03/25/29		2,790,997
			Series - 2016 DNA4 (Class M2)
	12,150,336	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.200%		2.752		07/25/29		12,290,097
			Series - 2017 DNA1 (Class M1)
	29,578,952	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 0.750%		2.302		03/25/30		29,692,934
			Series - 2017 DNA3 (Class M1)
	12,736,256	g	VOLT LXII LLC			3.125		09/25/47		12,728,375
			Series - 2017 NPL9 (Class A1)
	4,685,668	g	VSE VOI Mortgage LLC			2.330		03/20/35		4,619,411
			Series - 2017 A (Class A)
	3,776,055	i	Wachovia Bank Commercial Mortgage Trust			5.825		07/15/45		3,792,769
			Series - 2006 C27 (Class AJ)
	21,411,790	i	Wachovia Bank Commercial Mortgage Trust			6.084		05/15/46		21,956,330
			Series - 2007 C34 (Class AJ)
	1,700,000	i	Wachovia Bank Commercial Mortgage Trust			6.159		05/15/46		1,741,534
			Series - 2007 C34 (Class C)
	2,000,000	i	Wachovia Bank Commercial Mortgage Trust			6.214		05/15/46		2,049,864
			Series - 2007 C34 (Class B)
	4,140,000	i	Wachovia Bank Commercial Mortgage Trust			5.783		06/15/49		2,482,261
			Series - 2007 C32 (Class B)
	507,211	i	Wachovia Bank Commercial Mortgage Trust			5.783		06/15/49		512,288
			Series - 2007 C32 (Class AJ)
	1,320,490	i	Wachovia Bank Commercial Mortgage Trust			6.011		02/15/51		1,318,607
			Series - 2007 C33 (Class AM)
	10,000,000		Wells Fargo Commercial Mortgage Trust			3.539		10/15/45		10,221,505
			Series - 2012 LC5 (Class AS)

41

TIAA-CREF FUNDS - Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	5,055,000		Wells Fargo Commercial Mortgage Trust		2.825	%	10/15/49	$	5,028,884
			Series - 2016 LC24 (Class ASB)
	2,000,000		Wells Fargo Commercial Mortgage Trust		2.827		11/15/49		1,990,140
			Series - 2016 NXS6 (Class ASB)
	1,180,000		Wells Fargo Commercial Mortgage Trust		3.467		04/15/50		1,179,918
			Series - 2015 LC20 (Class AS)
	2,000,000		Wells Fargo Commercial Mortgage Trust		3.185		03/15/59		2,031,369
			Series - 2016 C33 (Class ASB)
	2,000,000		Wells Fargo Commercial Mortgage Trust		2.933		11/15/59		1,998,769
			Series - 2016 C36 (Class ASB)
	1,250,000		WFRBS Commercial Mortgage Trust		3.607		11/15/47		1,294,739
			Series - 2014 C24 (Class A5)
			TOTAL OTHER MORTGAGE BACKED						717,390,011
			TOTAL STRUCTURED ASSETS						1,232,545,011
			(Cost $1,239,624,309)
			TOTAL BONDS						4,400,220,524
			(Cost $4,380,795,123)
SHARES			COMPANY
COMMON STOCKS - 0.0%
ENERGY - 0.0%
	7,951	*	Peabody Energy Corp						313,031
			TOTAL ENERGY						313,031
			TOTAL COMMON STOCKS						313,031
			(Cost $109,354)
PREFERRED STOCKS - 0.0%
ENERGY - 0.0%
	927	*	Peabody Energy Corp						73,585
			TOTAL ENERGY						73,585
			TOTAL PREFERRED STOCKS						73,585
			(Cost $24,257)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 3.1%
GOVERNMENT AGENCY DEBT - 0.2%
$	10,140,000		Federal Home Loan Bank (FHLB)		1.050		01/02/18		10,140,000
			TOTAL GOVERNMENT AGENCY DEBT						10,140,000
TREASURY DEBT - 2.9%
EGP	45,100,000	j	Egypt Treasury Bills		0.000		08/21/18		2,273,530
$	10,000,000		United States Cash Management Bill		0.900		01/02/18		10,000,000
	83,140,000		United States Treasury Bill		1.176-1.211		01/04/18		83,134,763
	22,250,000		United States Treasury Bill		1.136		01/11/18		22,243,450
	17,000,000		United States Treasury Bill		1.121		01/18/18		16,990,640
			TOTAL TREASURY DEBT						134,642,383

42

TIAA-CREF FUNDS - Bond Fund

ISSUER	VALUE
TOTAL SHORT-TERM INVESTMENTS	$	144,782,383
(Cost $144,768,622)
TOTAL INVESTMENTS - 99.0%		4,604,742,591
(Cost $4,585,713,508)
OTHER ASSETS & LIABILITIES, NET - 1.0%		44,279,412
NET ASSETS - 100.0%	$	4,649,022,003

	Abbreviation(s):
BRL	Brazilian real
DGS5	5-Year Treasury Constant Maturity Rate
EGP	Egyptian pound
ICE	Intercontinental Exchange
IDR	Indonesian rupiah
LIBOR	London Interbank Offered Rate
M	Month
MXN	Mexican peso
PEN	Peruvian neuvo sol
REIT	Real Estate Investment Trust
USD	United States Dollar
UYU	Uruguayan peso
W	Week
Y	Year
ZAR	South African rand
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $1,048,994,726 or 22.6% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.
j	Zero coupon
m	Indicates a security that has been deemed illiquid.
o	Payment in Kind Bond
w	All or a portion of these securities have been segregated to cover collateral requirements on mortgage dollar rolls.

43

TIAA-CREF FUNDS - Bond Index Fund

TIAA-CREF FUNDS

BOND INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
BONDS - 99.4%
CORPORATE BONDS - 25.9%
AUTOMOBILES & COMPONENTS - 0.1%
$	100,000		Aptiv plc		3.150	%	11/19/20	$	101,537
	250,000		Aptiv plc		4.250		01/15/26		265,241
	100,000		Aptiv plc		4.400		10/01/46		102,914
	200,000		BorgWarner, Inc		3.375		03/15/25		200,739
	200,000		BorgWarner, Inc		4.375		03/15/45		205,805
	600,000		Delphi Corp		4.150		03/15/24		633,488
	425,000		Ford Motor Co		4.346		12/08/26		442,980
	500,000		Ford Motor Co		7.450		07/16/31		653,385
	1,050,000		Ford Motor Co		4.750		01/15/43		1,063,971
	750,000		Ford Motor Co		5.291		12/08/46		815,467
	350,000		General Motors Co		4.200		10/01/27		362,132
	500,000		General Motors Co		6.600		04/01/36		608,816
	500,000		General Motors Co		5.150		04/01/38		532,704
	1,250,000		General Motors Co		6.250		10/02/43		1,479,451
	350,000		General Motors Co		6.750		04/01/46		440,330
	500,000		General Motors Co		5.400		04/01/48		544,901
	175,000		Harley-Davidson, Inc		3.500		07/28/25		179,229
	200,000		Harley-Davidson, Inc		4.625		07/28/45		217,415
	750,000		Honeywell International, Inc		1.400		10/30/19		741,791
	500,000		Honeywell International, Inc		1.800		10/30/19		497,300
	750,000		Honeywell International, Inc		1.850		11/01/21		736,303
	500,000		Honeywell International, Inc		3.350		12/01/23		517,871
	1,000,000		Honeywell International, Inc		2.500		11/01/26		966,926
	282,000	g	Honeywell International, Inc		3.812		11/21/47		292,945
	1,150,000		Lear Corp		3.800		09/15/27		1,150,647
	300,000		Magna International, Inc		3.625		06/15/24		310,135
	100,000		Magna International, Inc		4.150		10/01/25		106,251
			TOTAL AUTOMOBILES & COMPONENTS						14,170,674
BANKS - 3.9%
	400,000		Australia & New Zealand Banking Group Ltd		1.600		07/15/19		396,185
	500,000		Australia & New Zealand Banking Group Ltd		2.050		09/23/19		498,174
	300,000		Australia & New Zealand Banking Group Ltd		2.125		08/19/20		297,621
	1,300,000		Australia & New Zealand Banking Group Ltd		2.250		11/09/20		1,291,883
	300,000		Australia & New Zealand Banking Group Ltd		2.700		11/16/20		301,739
	750,000		Australia & New Zealand Banking Group Ltd		2.300		06/01/21		743,514
	500,000		Australia & New Zealand Banking Group Ltd		2.550		11/23/21		497,434
	300,000		Australia & New Zealand Banking Group Ltd		2.625		05/19/22		298,985
	300,000		Australia & New Zealand Banking Group Ltd		2.625		11/09/22		298,000
	200,000		Australia & New Zealand Banking Group Ltd		3.700		11/16/25		210,121
	350,000		Banco Bilbao Vizcaya Argentaria S.A.		3.000		10/20/20		352,748
	400,000		Banco Santander S.A.		3.500		04/11/22		407,810
	600,000		Banco Santander S.A.		3.125		02/23/23		596,861

44

TIAA-CREF FUNDS - Bond Index Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	400,000		Banco Santander S.A.			4.250	%	04/11/27	$	414,559
	400,000		Banco Santander S.A.			3.800		02/23/28		399,933
	200,000		Bancolombia S.A.			5.950		06/03/21		216,300
	365,000		Bank of America Corp			2.600		01/15/19		366,225
	2,750,000		Bank of America Corp			2.650		04/01/19		2,765,396
	1,000,000		Bank of America Corp			2.625		10/19/20		1,008,323
	200,000		Bank of America Corp			2.151		11/09/20		199,069
	1,750,000		Bank of America Corp			2.625		04/19/21		1,758,759
	500,000		Bank of America Corp			2.369		07/21/21		499,091
	1,000,000		Bank of America Corp			2.328		10/01/21		997,109
	750,000		Bank of America Corp			2.503		10/21/22		741,919
	2,225,000		Bank of America Corp			3.300		01/11/23		2,275,854
	750,000		Bank of America Corp			3.124		01/20/23		760,714
	1,000,000		Bank of America Corp			2.816		07/21/23		997,918
	4,718,000	g	Bank of America Corp			3.004		12/20/23		4,729,450
	3,500,000		Bank of America Corp			4.125		01/22/24		3,721,710
	406,000		Bank of America Corp			4.000		04/01/24		429,106
	1,475,000		Bank of America Corp			4.200		08/26/24		1,552,948
	750,000		Bank of America Corp			4.000		01/22/25		780,095
	3,550,000		Bank of America Corp			3.950		04/21/25		3,670,267
	3,000,000		Bank of America Corp			3.093		10/01/25		2,992,430
	750,000		Bank of America Corp			4.450		03/03/26		800,351
	1,000,000		Bank of America Corp			3.500		04/19/26		1,022,133
	400,000		Bank of America Corp			4.250		10/22/26		421,420
	750,000		Bank of America Corp			3.248		10/21/27		744,012
	1,000,000		Bank of America Corp			4.183		11/25/27		1,043,981
	750,000		Bank of America Corp			3.824		01/20/28		775,560
	2,000,000		Bank of America Corp			3.593		07/21/28		2,032,306
	3,690,000	g	Bank of America Corp			3.419		12/20/28		3,689,655
	1,500,000		Bank of America Corp			5.000		01/21/44		1,810,398
	1,500,000		Bank of America Corp			4.443		01/20/48		1,688,835
	500,000		Bank of Montreal			1.750		09/11/19		495,935
	425,000		Bank of Montreal			2.100		12/12/19		423,771
	1,500,000		Bank of Montreal			2.100		06/15/20		1,490,546
	1,000,000		Bank of Montreal			1.900		08/27/21		978,829
	500,000		Bank of Montreal			2.350		09/11/22		491,846
	400,000		Bank of Montreal			2.550		11/06/22		396,399
	425,000	i	Bank of Montreal	USD SWAP SEMI 30/360 5 Y + 1.432%		3.803		12/15/32		420,168
	300,000		Bank of Nova Scotia			1.950		01/15/19		299,764
	700,000		Bank of Nova Scotia			1.650		06/14/19		694,456
	1,000,000		Bank of Nova Scotia			2.125		09/11/19		998,817
	1,000,000		Bank of Nova Scotia			2.150		07/14/20		994,985
	1,500,000		Bank of Nova Scotia			2.350		10/21/20		1,496,107
	200,000		Bank of Nova Scotia			4.375		01/13/21		211,020
	300,000		Bank of Nova Scotia			2.450		03/22/21		300,166
	1,000,000		Bank of Nova Scotia			1.875		04/26/21		980,442
	800,000		Bank of Nova Scotia			2.800		07/21/21		807,134
	500,000		Bank of Nova Scotia			2.700		03/07/22		499,937
	750,000		Bank of Nova Scotia			2.450		09/19/22		741,013
	500,000		Bank of Nova Scotia			4.500		12/16/25		525,849
	300,000		Barclays plc			2.875		06/08/20		300,887
	600,000		Barclays plc			3.250		01/12/21		605,645

45

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	2,000,000	Barclays plc		3.200	%	08/10/21	$	2,010,470
	1,500,000	Barclays plc		3.684		01/10/23		1,521,993
	1,225,000	Barclays plc		3.650		03/16/25		1,222,774
	600,000	Barclays plc		4.375		01/12/26		623,453
	1,500,000	Barclays plc		5.200		05/12/26		1,598,117
	500,000	Barclays plc		4.337		01/10/28		517,341
	1,750,000	Barclays plc		4.836		05/09/28		1,820,966
	500,000	Barclays plc		5.250		08/17/45		576,228
	500,000	Barclays plc		4.950		01/10/47		554,338
	1,000,000	BB&T Corp		2.250		02/01/19		1,001,658
	400,000	BB&T Corp		6.850		04/30/19		424,008
	300,000	BB&T Corp		2.625		06/29/20		302,026
	300,000	BB&T Corp		2.150		02/01/21		297,138
	300,000	BB&T Corp		2.850		04/01/21		304,089
	500,000	BB&T Corp		2.050		05/10/21		492,811
	200,000	BB&T Corp		3.950		03/22/22		208,925
	750,000	BB&T Corp		2.750		04/01/22		755,231
	700,000	BB&T Corp		2.850		10/26/24		694,742
	500,000	BB&T Corp		3.800		10/30/26		523,164
	300,000	BPCE S.A.		2.500		07/15/19		301,007
	500,000	BPCE S.A.		2.250		01/27/20		498,724
	1,300,000	BPCE S.A.		2.650		02/03/21		1,303,012
	400,000	BPCE S.A.		2.750		12/02/21		401,061
	500,000	BPCE S.A.		4.000		04/15/24		528,008
	300,000	BPCE S.A.		3.375		12/02/26		303,484
	500,000	Branch Banking & Trust Co		1.450		05/10/19		495,222
	500,000	Branch Banking & Trust Co		2.100		01/15/20		498,847
	500,000	Branch Banking & Trust Co		2.250		06/01/20		499,137
	500,000	Branch Banking & Trust Co		2.625		01/15/22		500,887
	250,000	Branch Banking & Trust Co		3.625		09/16/25		259,106
	500,000	Canadian Imperial Bank of Commerce		1.600		09/06/19		494,795
	300,000	Canadian Imperial Bank of Commerce		2.100		10/05/20		297,667
	1,000,000	Canadian Imperial Bank of Commerce		2.550		06/16/22		993,090
	300,000	Capital One Bank USA NA		2.250		02/13/19		299,585
	300,000	Capital One Bank USA NA		2.300		06/05/19		299,619
	800,000	Capital One Bank USA NA		2.400		09/05/19		798,839
	900,000	Capital One Bank USA NA		2.950		07/23/21		905,270
	500,000	Capital One Bank USA NA		2.650		08/08/22		494,700
	972,000	Capital One Bank USA NA		3.375		02/15/23		981,453
	1,000,000	Capital One NA		2.250		09/13/21		980,839
	500,000	CitiBank NA		2.000		03/20/19		498,997
	750,000	CitiBank NA		1.850		09/18/19		745,311
	750,000	CitiBank NA		2.100		06/12/20		745,047
	1,000,000	CitiBank NA		2.125		10/20/20		990,374
	500,000	Citigroup, Inc		2.550		04/08/19		501,725
	1,000,000	Citigroup, Inc		2.050		06/07/19		997,009
	500,000	Citigroup, Inc		2.450		01/10/20		500,205
	4,250,000	Citigroup, Inc		2.700		03/30/21		4,262,507
	1,250,000	Citigroup, Inc		2.350		08/02/21		1,236,245
	750,000	Citigroup, Inc		2.900		12/08/21		754,852
	2,700,000	Citigroup, Inc		4.500		01/14/22		2,871,833
	500,000	Citigroup, Inc		2.700		10/27/22		494,590

46

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	4,600,000	Citigroup, Inc		3.500	%	05/15/23	$	4,681,589
	1,000,000	Citigroup, Inc		2.876		07/24/23		994,860
	500,000	Citigroup, Inc		4.000		08/05/24		521,333
	750,000	Citigroup, Inc		3.875		03/26/25		767,559
	1,000,000	Citigroup, Inc		3.300		04/27/25		1,009,084
	525,000	Citigroup, Inc		4.400		06/10/25		554,026
	1,000,000	Citigroup, Inc		3.700		01/12/26		1,029,248
	750,000	Citigroup, Inc		4.600		03/09/26		797,966
	1,000,000	Citigroup, Inc		3.400		05/01/26		1,005,706
	1,000,000	Citigroup, Inc		3.200		10/21/26		991,909
	1,100,000	Citigroup, Inc		4.300		11/20/26		1,149,981
	1,250,000	Citigroup, Inc		4.450		09/29/27		1,322,993
	500,000	Citigroup, Inc		3.887		01/10/28		517,396
	1,000,000	Citigroup, Inc		3.668		07/24/28		1,014,250
	1,700,000	Citigroup, Inc		4.125		07/25/28		1,751,564
	2,000,000	Citigroup, Inc		3.520		10/27/28		2,008,826
	200,000	Citigroup, Inc		5.875		01/30/42		262,835
	225,000	Citigroup, Inc		6.675		09/13/43		311,145
	525,000	Citigroup, Inc		4.650		07/30/45		596,999
	2,800,000	Citigroup, Inc		4.750		05/18/46		3,083,807
	300,000	Citizens Bank NA		2.300		12/03/18		300,204
	300,000	Citizens Bank NA		2.450		12/04/19		300,168
	750,000	Citizens Bank NA		2.250		03/02/20		746,386
	250,000	Citizens Bank NA		2.200		05/26/20		248,240
	300,000	Citizens Bank NA		2.250		10/30/20		297,203
	150,000	Citizens Bank NA		2.550		05/13/21		149,430
	350,000	Citizens Bank NA		2.650		05/26/22		346,755
	100,000	Citizens Financial Group, Inc		2.375		07/28/21		98,681
	300,000	Citizens Financial Group, Inc		4.300		12/03/25		314,588
	200,000	Comerica Bank		4.000		07/27/25		207,065
	600,000	Comerica, Inc		2.500		06/02/20		599,171
	1,250,000	Commonwealth Bank of Australia		2.250		03/13/19		1,250,708
	500,000	Commonwealth Bank of Australia		2.050		03/15/19		499,416
	500,000	Commonwealth Bank of Australia		2.300		09/06/19		500,629
	500,000	Commonwealth Bank of Australia		2.400		11/02/20		499,871
	300,000	Commonwealth Bank of Australia		2.550		03/15/21		300,091
	250,000	Compass Bank		2.875		06/29/22		247,354
	500,000	Compass Bank		3.875		04/10/25		501,478
	1,500,000	Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		2.250		01/14/19		1,501,515
	1,500,000	Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		2.250		01/14/20		1,498,401
	1,500,000	Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.875		02/08/22		1,575,395
	1,500,000	Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		3.375		05/21/25		1,542,918
	400,000	Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		5.750		12/01/43		508,528
	1,100,000	Cooperatieve Centrale Raiffeisen-Boerenleenbank BA		5.250		08/04/45		1,323,573
	500,000	Cooperatieve Rabobank UA		1.375		08/09/19		493,247
	1,000,000	Cooperatieve Rabobank UA		2.500		01/19/21		1,004,488
	625,000	Cooperatieve Rabobank UA		2.750		01/10/22		629,960
	350,000	Cooperatieve Rabobank UA		3.750		07/21/26		354,468
	250,000	Deutsche Bank AG		2.850		05/10/19		250,811
	2,300,000	Deutsche Bank AG		3.125		01/13/21		2,313,343
	500,000	Deutsche Bank AG		3.375		05/12/21		504,563
	1,800,000	Deutsche Bank AG		4.100		01/13/26		1,831,219
	500,000	Deutsche Bank AG.		2.700		07/13/20		497,518

47

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Deutsche Bank AG.		3.300	%	11/16/22	$	497,384
	300,000	Discover Bank		3.100		06/04/20		303,542
	300,000	Discover Bank		3.200		08/09/21		304,300
	900,000	Discover Bank		4.200		08/08/23		944,965
	200,000	Discover Bank		4.250		03/13/26		208,536
	825,000	Discover Bank		3.450		07/27/26		814,180
	300,000	Fifth Third Bancorp		2.300		03/01/19		300,224
	250,000	Fifth Third Bancorp		2.300		03/15/19		250,171
	375,000	Fifth Third Bancorp		2.375		04/25/19		376,056
	400,000	Fifth Third Bancorp		2.875		07/27/20		404,201
	200,000	Fifth Third Bancorp		2.875		10/01/21		201,941
	200,000	Fifth Third Bancorp		3.500		03/15/22		205,874
	750,000	Fifth Third Bancorp		2.600		06/15/22		745,540
	500,000	Fifth Third Bancorp		4.300		01/16/24		530,576
	1,600,000	Fifth Third Bancorp		3.850		03/15/26		1,650,191
	140,000	Fifth Third Bancorp		8.250		03/01/38		213,641
	500,000	Fifth Third Bank		1.625		09/27/19		494,174
	500,000	Fifth Third Bank		2.200		10/30/20		496,881
	300,000	Fifth Third Bank		2.250		06/14/21		297,102
	200,000	First Horizon National Corp		3.500		12/15/20		204,221
	250,000	First Republic Bank		2.375		06/17/19		249,522
	500,000	First Republic Bank		2.500		06/06/22		493,350
	175,000	First Republic Bank		4.375		08/01/46		178,744
	750,000	HSBC Bank USA NA		4.875		08/24/20		793,101
	266,000	HSBC Bank USA NA		5.875		11/01/34		342,854
	33,000	HSBC Bank USA NA		7.000		01/15/39		48,725
	950,000	HSBC Holdings plc		3.400		03/08/21		970,903
	400,000	HSBC Holdings plc		2.950		05/25/21		402,709
	1,000,000	HSBC Holdings plc		2.650		01/05/22		993,248
	150,000	HSBC Holdings plc		4.875		01/14/22		161,372
	1,400,000	HSBC Holdings plc		3.262		03/13/23		1,419,319
	1,750,000	HSBC Holdings plc		3.600		05/25/23		1,800,232
	200,000	HSBC Holdings plc		3.033		11/22/23		200,375
	1,350,000	HSBC Holdings plc		4.250		03/14/24		1,409,899
	1,000,000	HSBC Holdings plc		4.250		08/18/25		1,036,779
	1,225,000	HSBC Holdings plc		4.300		03/08/26		1,302,064
	1,900,000	HSBC Holdings plc		3.900		05/25/26		1,970,047
	250,000	HSBC Holdings plc		4.375		11/23/26		260,934
	1,500,000	HSBC Holdings plc		4.041		03/13/28		1,562,769
	2,325,000	HSBC Holdings plc		6.500		09/15/37		3,055,482
	550,000	HSBC Holdings plc		6.100		01/14/42		754,493
	1,175,000	HSBC Holdings plc		5.250		03/14/44		1,376,682
	500,000	HSBC USA, Inc		2.250		06/23/19		499,926
	750,000	HSBC USA, Inc		2.375		11/13/19		750,782
	2,500,000	HSBC USA, Inc		2.350		03/05/20		2,499,543
	750,000	HSBC USA, Inc		2.750		08/07/20		754,061
	1,000,000	HSBC USA, Inc		3.500		06/23/24		1,026,626
	500,000	Huntington Bancshares, Inc		3.150		03/14/21		507,819
	500,000	Huntington Bancshares, Inc		2.300		01/14/22		491,891
	400,000	Huntington National Bank		2.375		03/10/20		399,368
	500,000	Huntington National Bank		2.500		08/07/22		493,102
	300,000	Industrial & Commercial Bank of China Ltd		2.157		11/13/18		299,173

48

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	250,000	Industrial & Commercial Bank of China Ltd		3.231	%	11/13/19	$	252,107
	1,300,000	Industrial & Commercial Bank of China Ltd		2.905		11/13/20		1,297,387
	300,000	Industrial & Commercial Bank of China Ltd		2.635		05/26/21		296,417
	250,000	Industrial & Commercial Bank of China Ltd		2.452		10/20/21		244,986
	750,000	ING Groep NV		3.150		03/29/22		758,877
	1,250,000	ING Groep NV		3.950		03/29/27		1,302,786
	500,000	Intesa Sanpaolo S.p.A		3.875		01/15/19		506,638
	500,000	Intesa Sanpaolo S.p.A		5.250		01/12/24		547,678
	1,000,000	JPMorgan Chase & Co		2.350		01/28/19		1,001,898
	500,000	JPMorgan Chase & Co		1.850		03/22/19		497,987
	1,000,000	JPMorgan Chase & Co		2.200		10/22/19		998,942
	1,750,000	JPMorgan Chase & Co		2.250		01/23/20		1,748,734
	1,750,000	JPMorgan Chase & Co		2.750		06/23/20		1,765,171
	700,000	JPMorgan Chase & Co		4.400		07/22/20		735,326
	1,820,000	JPMorgan Chase & Co		4.250		10/15/20		1,908,169
	2,000,000	JPMorgan Chase & Co		2.550		10/29/20		2,005,738
	2,000,000	JPMorgan Chase & Co		2.550		03/01/21		2,000,877
	1,000,000	JPMorgan Chase & Co		2.400		06/07/21		994,532
	325,000	JPMorgan Chase & Co		2.295		08/15/21		322,056
	1,950,000	JPMorgan Chase & Co		4.350		08/15/21		2,067,989
	500,000	JPMorgan Chase & Co		4.500		01/24/22		534,965
	3,150,000	JPMorgan Chase & Co		3.250		09/23/22		3,224,703
	750,000	JPMorgan Chase & Co		2.972		01/15/23		756,183
	2,350,000	JPMorgan Chase & Co		3.200		01/25/23		2,396,662
	1,750,000	JPMorgan Chase & Co		3.375		05/01/23		1,778,544
	500,000	JPMorgan Chase & Co		2.700		05/18/23		496,647
	1,000,000	JPMorgan Chase & Co		3.625		05/13/24		1,039,592
	2,100,000	JPMorgan Chase & Co		3.875		09/10/24		2,190,084
	750,000	JPMorgan Chase & Co		3.220		03/01/25		755,688
	1,600,000	JPMorgan Chase & Co		3.900		07/15/25		1,676,958
	750,000	JPMorgan Chase & Co		3.300		04/01/26		755,719
	1,000,000	JPMorgan Chase & Co		3.200		06/15/26		999,194
	500,000	JPMorgan Chase & Co		2.950		10/01/26		490,982
	1,000,000	JPMorgan Chase & Co		4.125		12/15/26		1,054,623
	650,000	JPMorgan Chase & Co		4.250		10/01/27		690,651
	500,000	JPMorgan Chase & Co		3.625		12/01/27		505,237
	1,000,000	JPMorgan Chase & Co		3.782		02/01/28		1,035,958
	1,000,000	JPMorgan Chase & Co		3.882		07/24/38		1,032,213
	958,000	JPMorgan Chase & Co		5.500		10/15/40		1,205,540
	1,000,000	JPMorgan Chase & Co		5.625		08/16/43		1,240,532
	1,800,000	JPMorgan Chase & Co		4.950		06/01/45		2,090,215
	2,050,000	JPMorgan Chase & Co		4.260		02/22/48		2,216,702
	1,000,000	JPMorgan Chase & Co		4.032		07/24/48		1,041,875
	1,500,000	JPMorgan Chase & Co		3.964		11/15/48		1,547,271
	750,000	JPMorgan Chase & Co		6.000		12/30/49		806,288
	750,000	JPMorgan Chase Bank NA		1.650		09/23/19		743,585
	200,000	KeyBank NA		2.350		03/08/19		200,352
	790,000	KeyBank NA		1.600		08/22/19		781,288
	250,000	KeyBank NA		2.500		12/15/19		250,707
	175,000	KeyBank NA		2.250		03/16/20		174,477
	500,000	KeyBank NA		2.500		11/22/21		497,317
	300,000	KeyBank NA		3.180		05/22/22		302,206
	300,000	KeyBank NA		2.400		06/09/22		295,930

49

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	KeyBank NA		2.300	%	09/14/22	$	294,057
	500,000	KeyBank NA		3.300		06/01/25		507,397
	300,000	KeyBank NA		3.400		05/20/26		298,801
	200,000	KeyCorp		2.900		09/15/20		201,857
	150,000	KeyCorp		5.100		03/24/21		161,636
	800,000	Lloyds Bank plc		2.700		08/17/20		803,065
	850,000	Lloyds Banking Group plc		3.100		07/06/21		858,490
	300,000	Lloyds Banking Group plc		3.000		01/11/22		301,462
	500,000	Lloyds Banking Group plc		2.907		11/07/23		495,647
	2,500,000	Lloyds Banking Group plc		4.500		11/04/24		2,622,649
	300,000	Lloyds Banking Group plc		4.650		03/24/26		316,692
	300,000	Lloyds Banking Group plc		3.750		01/11/27		304,575
	1,550,000	Lloyds Banking Group plc		3.574		11/07/28		1,534,955
	200,000	Lloyds Banking Group plc		5.300		12/01/45		236,820
	650,000	Manufacturers & Traders Trust Co		2.300		01/30/19		651,728
	300,000	Manufacturers & Traders Trust Co		2.250		07/25/19		300,261
	150,000	Manufacturers & Traders Trust Co		2.100		02/06/20		149,497
	250,000	Manufacturers & Traders Trust Co		2.050		08/17/20		248,147
	500,000	Manufacturers & Traders Trust Co		2.500		05/18/22		497,785
	1,100,000	Manufacturers & Traders Trust Co		2.900		02/06/25		1,094,708
	100,000	Manufacturers & Traders Trust Co		3.400		08/17/27		101,135
	2,125,000	Mitsubishi UFJ Financial Group, Inc		2.950		03/01/21		2,144,196
	500,000	Mitsubishi UFJ Financial Group, Inc		2.190		09/13/21		490,899
	400,000	Mitsubishi UFJ Financial Group, Inc		2.998		02/22/22		402,493
	500,000	Mitsubishi UFJ Financial Group, Inc		2.665		07/25/22		495,213
	350,000	Mitsubishi UFJ Financial Group, Inc		2.527		09/13/23		340,857
	1,600,000	Mitsubishi UFJ Financial Group, Inc		3.850		03/01/26		1,656,365
	300,000	Mitsubishi UFJ Financial Group, Inc		2.757		09/13/26		287,218
	400,000	Mitsubishi UFJ Financial Group, Inc		3.677		02/22/27		409,761
	500,000	Mitsubishi UFJ Financial Group, Inc		3.287		07/25/27		497,565
	750,000	Mizuho Financial Group, Inc		2.273		09/13/21		736,233
	200,000	Mizuho Financial Group, Inc		2.953		02/28/22		200,454
	300,000	Mizuho Financial Group, Inc		2.601		09/11/22		295,239
	750,000	Mizuho Financial Group, Inc		2.839		09/13/26		721,644
	200,000	Mizuho Financial Group, Inc		3.663		02/28/27		204,388
	300,000	Mizuho Financial Group, Inc		3.170		09/11/27		294,456
	500,000	MUFG Americas Holdings Corp		2.250		02/10/20		497,257
	200,000	MUFG Americas Holdings Corp		3.000		02/10/25		197,420
	300,000	National Australia Bank Ltd		2.000		01/14/19		299,465
	500,000	National Australia Bank Ltd		1.375		07/12/19		493,718
	500,000	National Australia Bank Ltd		2.250		01/10/20		499,475
	500,000	National Australia Bank Ltd		2.125		05/22/20		497,017
	350,000	National Australia Bank Ltd		2.625		07/23/20		351,824
	300,000	National Australia Bank Ltd		2.625		01/14/21		301,246
	500,000	National Australia Bank Ltd		1.875		07/12/21		489,292
	500,000	National Australia Bank Ltd		2.800		01/10/22		502,280
	500,000	National Australia Bank Ltd		2.500		05/22/22		496,046
	200,000	National Australia Bank Ltd		3.000		01/20/23		201,540
	300,000	National Australia Bank Ltd		3.375		01/14/26		304,435
	500,000	National Australia Bank Ltd		2.500		07/12/26		476,026
	400,000	National Bank of Canada		2.150		06/12/20		397,702
	300,000	National Bank of Canada		2.200		11/02/20		298,782

50

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	350,000	Northern Trust Corp		2.375	%	08/02/22	$	349,690
	500,000	Northern Trust Corp		3.950		10/30/25		529,562
	100,000	Northern Trust Corp		3.375		05/08/32		99,600
	300,000	People’s United Bank		4.000		07/15/24		302,931
	100,000	People’s United Financial, Inc		3.650		12/06/22		102,380
	150,000	PNC Bank NA		2.200		01/28/19		150,036
	500,000	PNC Bank NA		1.950		03/04/19		499,086
	800,000	PNC Bank NA		2.250		07/02/19		800,403
	500,000	PNC Bank NA		1.450		07/29/19		493,670
	600,000	PNC Bank NA		2.400		10/18/19		600,822
	750,000	PNC Bank NA		2.000		05/19/20		743,845
	300,000	PNC Bank NA		2.300		06/01/20		299,685
	300,000	PNC Bank NA		2.600		07/21/20		301,890
	550,000	PNC Bank NA		2.450		11/05/20		550,784
	500,000	PNC Bank NA		2.150		04/29/21		495,504
	500,000	PNC Bank NA		2.550		12/09/21		499,692
	500,000	PNC Bank NA		2.625		02/17/22		501,075
	1,500,000	PNC Bank NA		2.450		07/28/22		1,487,188
	750,000	PNC Bank NA		2.700		11/01/22		746,208
	500,000	PNC Bank NA		2.950		01/30/23		503,244
	600,000	PNC Bank NA		2.950		02/23/25		598,647
	550,000	PNC Bank NA		3.250		06/01/25		558,078
	500,000	PNC Bank NA		3.100		10/25/27		498,553
	300,000	PNC Financial Services Group, Inc		3.900		04/29/24		314,066
	300,000	PNC Financial Services Group, Inc		3.150		05/19/27		300,938
	150,000	PNC Financial Services Group, Inc		2.854		11/09/22		150,244
	645,000	PNC Funding Corp		5.125		02/08/20		680,706
	50,000	PNC Funding Corp		4.375		08/11/20		52,535
	500,000	Rabobank Nederland NV		4.500		01/11/21		529,928
	350,000	Rabobank Nederland NV		5.250		05/24/41		441,024
	1,350,000	Regions Financial Corp		3.200		02/08/21		1,373,451
	500,000	Regions Financial Corp		2.750		08/14/22		498,361
	500,000	Royal Bank of Canada		2.000		10/01/18		500,219
	750,000	Royal Bank of Canada		2.000		12/10/18		749,192
	600,000	Royal Bank of Canada		2.150		03/15/19		599,980
	750,000	Royal Bank of Canada		1.625		04/15/19		744,682
	300,000	Royal Bank of Canada		1.500		07/29/19		296,541
	1,000,000	Royal Bank of Canada		2.200		09/23/19		999,380
	750,000	Royal Bank of Canada		1.875		02/05/20		743,713
	500,000	Royal Bank of Canada		2.125		03/02/20		498,470
	250,000	Royal Bank of Canada		2.150		03/06/20		249,082
	500,000	Royal Bank of Canada		2.100		10/14/20		496,360
	500,000	Royal Bank of Canada		2.150		10/26/20		496,735
	500,000	Royal Bank of Canada		2.350		10/30/20		499,848
	500,000	Royal Bank of Canada		2.500		01/19/21		501,436
	750,000	Royal Bank of Canada		2.300		03/22/21		745,481
	1,300,000	Royal Bank of Canada		2.750		02/01/22		1,316,088
	1,000,000	Royal Bank of Canada		4.650		01/27/26		1,077,357
	1,500,000	Royal Bank of Scotland Group plc		3.498		05/15/23		1,503,085
	1,000,000	Royal Bank of Scotland Group plc		3.875		09/12/23		1,016,785
	750,000	Royal Bank of Scotland Group plc		4.800		04/05/26		805,640
	400,000	Santander Holdings USA, Inc		2.700		05/24/19		400,839
	250,000	Santander Holdings USA, Inc		2.650		04/17/20		249,852

51

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,150,000	g	Santander Holdings USA, Inc		3.700	%	03/28/22	$	1,163,703
	200,000	g	Santander Holdings USA, Inc		3.400		01/18/23		199,193
	250,000		Santander Holdings USA, Inc		4.500		07/17/25		260,705
	450,000	g	Santander Holdings USA, Inc		4.400		07/13/27		460,063
	400,000		Santander Issuances SAU		5.179		11/19/25		431,895
	600,000		Santander UK Group Holdings plc		2.875		10/16/20		601,981
	200,000		Santander UK Group Holdings plc		3.125		01/08/21		201,843
	750,000		Santander UK Group Holdings plc		2.875		08/05/21		748,002
	1,500,000		Santander UK Group Holdings plc		3.571		01/10/23		1,521,445
	300,000		Santander UK Group Holdings plc		3.823		11/03/28		300,606
	500,000		Santander UK plc		2.500		03/14/19		501,499
	1,200,000		Santander UK plc		2.125		11/03/20		1,190,260
	500,000		Santander UK plc		4.000		03/13/24		527,742
	400,000		Skandinaviska Enskilda Banken AB		1.500		09/13/19		394,835
	300,000		Skandinaviska Enskilda Banken AB		2.300		03/11/20		299,401
	500,000		Skandinaviska Enskilda Banken AB		2.625		03/15/21		501,809
	400,000		Skandinaviska Enskilda Banken AB		1.875		09/13/21		390,173
	300,000		Skandinaviska Enskilda Banken AB		2.800		03/11/22		302,350
	300,000		Sumitomo Mitsui Banking Corp		2.450		01/10/19		300,655
	500,000		Sumitomo Mitsui Banking Corp		2.050		01/18/19		499,214
	500,000		Sumitomo Mitsui Banking Corp		2.250		07/11/19		499,775
	300,000		Sumitomo Mitsui Banking Corp		2.092		10/18/19		298,543
	500,000		Sumitomo Mitsui Banking Corp		2.650		07/23/20		502,334
	300,000		Sumitomo Mitsui Banking Corp		2.450		10/20/20		300,479
	250,000		Sumitomo Mitsui Banking Corp		3.200		07/18/22		253,479
	800,000		Sumitomo Mitsui Banking Corp		3.000		01/18/23		798,585
	300,000		Sumitomo Mitsui Banking Corp		3.950		01/10/24		315,131
	500,000		Sumitomo Mitsui Banking Corp		3.400		07/11/24		511,617
	250,000		Sumitomo Mitsui Banking Corp		3.650		07/23/25		258,940
	500,000		Sumitomo Mitsui Financial Group, Inc		2.934		03/09/21		504,688
	1,250,000		Sumitomo Mitsui Financial Group, Inc		2.058		07/14/21		1,224,891
	425,000		Sumitomo Mitsui Financial Group, Inc		2.442		10/19/21		420,477
	700,000		Sumitomo Mitsui Financial Group, Inc		2.846		01/11/22		701,309
	500,000		Sumitomo Mitsui Financial Group, Inc		2.784		07/12/22		497,079
	1,225,000		Sumitomo Mitsui Financial Group, Inc		2.778		10/18/22		1,217,124
	1,000,000		Sumitomo Mitsui Financial Group, Inc		3.784		03/09/26		1,033,806
	500,000		Sumitomo Mitsui Financial Group, Inc		2.632		07/14/26		475,831
	500,000		Sumitomo Mitsui Financial Group, Inc		3.010		10/19/26		486,570
	500,000		Sumitomo Mitsui Financial Group, Inc		3.446		01/11/27		505,371
	500,000		Sumitomo Mitsui Financial Group, Inc		3.364		07/12/27		498,745
	500,000		Sumitomo Mitsui Financial Group, Inc		3.352		10/18/27		497,052
	500,000		SunTrust Bank		2.250		01/31/20		499,201
	1,000,000		SunTrust Bank		2.450		08/01/22		985,918
	200,000		SunTrust Bank		3.300		05/15/26		198,025
	800,000		SunTrust Banks, Inc		2.900		03/03/21		808,883
	500,000		SunTrust Banks, Inc		2.700		01/27/22		499,924
	225,000		SunTrust Banks, Inc		2.750		05/01/23		222,907
	50,000		SVB Financial Group		5.375		09/15/20		53,435
	300,000		Svenska Handelsbanken AB		2.500		01/25/19		301,135
	500,000		Svenska Handelsbanken AB		2.250		06/17/19		500,173
	250,000		Svenska Handelsbanken AB		1.500		09/06/19		247,011
	1,350,000		Svenska Handelsbanken AB		1.950		09/08/20		1,335,463

52

TIAA-CREF FUNDS - Bond Index Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	800,000		Svenska Handelsbanken AB			2.400	%	10/01/20	$	800,775
	750,000		Svenska Handelsbanken AB			2.450		03/30/21		748,889
	250,000		Svenska Handelsbanken AB			1.875		09/07/21		244,228
	225,000		Synchrony Bank			3.000		06/15/22		224,055
	300,000		Synovus Financial Corp			3.125		11/01/22		297,510
	700,000		Toronto-Dominion Bank			1.950		01/22/19		699,212
	500,000		Toronto-Dominion Bank			2.125		07/02/19		499,895
	500,000		Toronto-Dominion Bank			1.450		08/13/19		494,128
	750,000		Toronto-Dominion Bank			1.900		10/24/19		745,629
	300,000		Toronto-Dominion Bank			2.250		11/05/19		300,147
	200,000		Toronto-Dominion Bank			1.850		09/11/20		197,775
	300,000		Toronto-Dominion Bank			2.500		12/14/20		300,936
	900,000		Toronto-Dominion Bank			2.125		04/07/21		891,343
	1,500,000		Toronto-Dominion Bank			1.800		07/13/21		1,468,748
	1,000,000	i	Toronto-Dominion Bank	USD SWAP SEMI 30/360 5 Y + 2.205%		3.625		09/15/31		997,028
	225,000		UnionBanCal Corp			3.500		06/18/22		230,611
	500,000		US Bancorp			2.200		04/25/19		501,377
	700,000		US Bancorp			2.625		01/24/22		703,939
	200,000		US Bancorp			2.950		07/15/22		202,671
	375,000		US Bancorp			3.700		01/30/24		393,762
	500,000		US Bancorp			3.600		09/11/24		517,849
	750,000		US Bancorp			3.100		04/27/26		744,518
	500,000		US Bancorp			2.375		07/22/26		470,629
	1,000,000		US Bancorp			3.150		04/27/27		1,001,537
	500,000		US Bank NA			2.125		10/28/19		500,128
	2,050,000		US Bank NA			2.000		01/24/20		2,041,236
	500,000		US Bank NA			2.050		10/23/20		496,361
	500,000		US Bank NA			2.800		01/27/25		496,512
	500,000		Wells Fargo Bank NA			1.750		05/24/19		497,178
	500,000		Wells Fargo Bank NA			2.150		12/06/19		499,169
	500,000		Westpac Banking Corp			2.250		01/17/19		501,379
	500,000		Westpac Banking Corp			1.650		05/13/19		496,217
	500,000		Westpac Banking Corp			1.600		08/19/19		494,755
	75,000		Westpac Banking Corp			4.875		11/19/19		78,614
	800,000		Westpac Banking Corp			2.150		03/06/20		796,391
	2,300,000		Westpac Banking Corp			2.300		05/26/20		2,300,864
	500,000		Westpac Banking Corp			2.100		05/13/21		494,082
	500,000		Westpac Banking Corp			2.000		08/19/21		490,702
	400,000		Westpac Banking Corp			2.800		01/11/22		402,783
	750,000		Westpac Banking Corp			2.500		06/28/22		745,246
	300,000		Westpac Banking Corp			2.750		01/11/23		299,346
	500,000		Westpac Banking Corp			2.850		05/13/26		487,851
	500,000		Westpac Banking Corp			2.700		08/19/26		480,555
	500,000		Westpac Banking Corp			3.350		03/08/27		505,315
	950,000	i	Westpac Banking Corp	USD ICE SWAP 11:00 NY 5 Y + 2.236%		4.322		11/23/31		978,532
			TOTAL BANKS							363,474,517
CAPITAL GOODS - 0.9%
	100,000		Agilent Technologies, Inc			5.000		07/15/20		106,177
	100,000		Agilent Technologies, Inc			3.200		10/01/22		100,837
	400,000		Agilent Technologies, Inc			3.875		07/15/23		414,230

53

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Agilent Technologies, Inc		3.050	%	09/22/26	$	192,187
	600,000	Air Lease Corp		3.375		01/15/19		605,776
	200,000	Air Lease Corp		2.125		01/15/20		198,522
	200,000	Air Lease Corp		3.875		04/01/21		207,136
	200,000	Air Lease Corp		3.375		06/01/21		204,278
	500,000	Air Lease Corp		3.750		02/01/22		516,558
	400,000	Air Lease Corp		2.625		07/01/22		394,555
	200,000	Air Lease Corp		2.750		01/15/23		197,051
	500,000	Air Lease Corp		3.625		04/01/27		499,461
	200,000	Air Lease Corp		3.625		12/01/27		199,850
	250,000	Applied Materials, Inc		2.625		10/01/20		252,721
	200,000	Applied Materials, Inc		4.300		06/15/21		212,083
	250,000	Applied Materials, Inc		3.900		10/01/25		265,291
	800,000	Applied Materials, Inc		3.300		04/01/27		813,447
	250,000	Applied Materials, Inc		5.100		10/01/35		300,388
	100,000	Applied Materials, Inc		5.850		06/15/41		130,901
	500,000	Applied Materials, Inc		4.350		04/01/47		560,362
	200,000	Arrow Electronics, Inc		3.500		04/01/22		202,656
	125,000	Arrow Electronics, Inc		3.250		09/08/24		122,458
	200,000	Arrow Electronics, Inc		4.000		04/01/25		204,037
	200,000	Arrow Electronics, Inc		3.875		01/12/28		199,340
	200,000	Avnet, Inc		3.750		12/01/21		202,855
	300,000	Avnet, Inc		4.875		12/01/22		318,881
	200,000	Avnet, Inc		4.625		04/15/26		206,224
	100,000	Carlisle Cos, Inc		3.750		11/15/22		102,498
	200,000	Carlisle Cos, Inc		3.500		12/01/24		201,534
	200,000	Carlisle Cos, Inc		3.750		12/01/27		202,018
	1,361,000	Caterpillar Financial Services Corp		7.150		02/15/19		1,436,920
	200,000	Caterpillar Financial Services Corp		1.900		03/22/19		199,680
	300,000	Caterpillar Financial Services Corp		1.350		05/18/19		297,038
	300,000	Caterpillar Financial Services Corp		2.100		06/09/19		300,118
	300,000	Caterpillar Financial Services Corp		2.000		11/29/19		299,319
	150,000	Caterpillar Financial Services Corp		2.250		12/01/19		150,218
	500,000	Caterpillar Financial Services Corp		2.100		01/10/20		498,937
	200,000	Caterpillar Financial Services Corp		2.000		03/05/20		199,045
	300,000	Caterpillar Financial Services Corp		1.850		09/04/20		296,477
	750,000	Caterpillar Financial Services Corp		1.700		08/09/21		731,364
	500,000	Caterpillar Financial Services Corp		2.400		06/06/22		496,887
	500,000	Caterpillar Financial Services Corp		2.550		11/29/22		498,330
	700,000	Caterpillar Financial Services Corp		3.750		11/24/23		736,282
	200,000	Caterpillar Financial Services Corp		3.300		06/09/24		205,432
	525,000	Caterpillar Financial Services Corp		3.250		12/01/24		538,489
	500,000	Caterpillar Financial Services Corp		2.400		08/09/26		477,952
	200,000	Caterpillar, Inc		3.900		05/27/21		209,739
	1,700,000	Caterpillar, Inc		3.400		05/15/24		1,765,891
	738,000	Caterpillar, Inc		3.803		08/15/42		790,050
	300,000	Caterpillar, Inc		4.300		05/15/44		344,559
	1,000,000	CNH Industrial Capital LLC		3.875		10/15/21		1,017,540
	300,000	CRH America, Inc		5.750		01/15/21		325,112
	200,000	Cummins, Inc		3.650		10/01/23		210,440
	200,000	Cummins, Inc		4.875		10/01/43		239,561
	300,000	Danaher Corp		2.400		09/15/20		301,110

54

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	200,000		Danaher Corp		3.350	%	09/15/25	$	206,694
	200,000		Danaher Corp		4.375		09/15/45		226,418
	150,000		Deere & Co		2.600		06/08/22		150,147
	218,000		Deere & Co		5.375		10/16/29		263,881
	650,000		Deere & Co		3.900		06/09/42		702,755
	825,000		Dover Corp		3.150		11/15/25		836,032
	100,000		Dover Corp		5.375		03/01/41		122,367
	1,075,000		Eaton Corp		2.750		11/02/22		1,077,996
	200,000		Eaton Corp		3.103		09/15/27		196,435
	150,000		Eaton Corp		4.000		11/02/32		154,821
	250,000		Eaton Corp		4.150		11/02/42		260,096
	200,000		Eaton Corp		3.915		09/15/47		199,014
	1,650,000		Embraer Netherlands Finance BV		5.400		02/01/27		1,782,000
	400,000		Emerson Electric Co		4.875		10/15/19		418,025
	350,000		Emerson Electric Co		2.625		02/15/23		349,089
	200,000		Emerson Electric Co		3.150		06/01/25		203,055
	200,000		Emerson Electric Co		5.250		11/15/39		237,199
	200,000		FLIR Systems, Inc		3.125		06/15/21		201,460
	150,000		Flowserve Corp		3.500		09/15/22		150,617
	200,000		Flowserve Corp		4.000		11/15/23		204,912
	100,000		Fortive Corp		1.800		06/15/19		99,269
	200,000		Fortive Corp		2.350		06/15/21		198,230
	275,000		Fortive Corp		3.150		06/15/26		273,080
	250,000		Fortive Corp		4.300		06/15/46		266,652
	600,000		General Dynamics Corp		2.250		11/15/22		592,168
	300,000		General Dynamics Corp		1.875		08/15/23		287,617
	200,000		General Dynamics Corp		2.375		11/15/24		195,530
	200,000		General Dynamics Corp		2.125		08/15/26		187,197
	200,000		General Dynamics Corp		2.625		11/15/27		193,577
	225,000		General Dynamics Corp		3.600		11/15/42		230,165
	1,725,000		General Electric Co		2.700		10/09/22		1,722,125
	2,875,000		General Electric Co		4.125		10/09/42		3,009,226
	850,000		General Electric Co		4.500		03/11/44		940,772
	300,000	g	Huntington Ingalls Industries, Inc		3.483		12/01/27		299,250
	100,000		IDEX Corp		4.500		12/15/20		104,186
	200,000		IDEX Corp		4.200		12/15/21		207,218
	300,000		Illinois Tool Works, Inc		1.950		03/01/19		299,493
	500,000		Illinois Tool Works, Inc		6.250		04/01/19		524,698
	1,000,000		Illinois Tool Works, Inc		2.650		11/15/26		975,863
	200,000		Illinois Tool Works, Inc		4.875		09/15/41		240,514
	500,000		Illinois Tool Works, Inc		3.900		09/01/42		535,360
	250,000		Ingersoll-Rand Global Holding Co Ltd		2.875		01/15/19		251,278
	300,000		Ingersoll-Rand Global Holding Co Ltd		4.250		06/15/23		319,634
	200,000		Ingersoll-Rand Global Holding Co Ltd		5.750		06/15/43		252,943
	500,000		Ingersoll-Rand Luxembourg Finance S.A.		2.625		05/01/20		499,834
	100,000		Ingersoll-Rand Luxembourg Finance S.A.		3.550		11/01/24		103,289
	300,000		John Deere Capital Corp		1.950		01/08/19		299,744
	300,000		John Deere Capital Corp		1.250		10/09/19		295,470
	350,000		John Deere Capital Corp		1.700		01/15/20		346,569
	200,000		John Deere Capital Corp		2.200		03/13/20		199,778
	300,000		John Deere Capital Corp		1.950		06/22/20		297,853
	125,000		John Deere Capital Corp		2.450		09/11/20		125,612
	1,175,000		John Deere Capital Corp		2.550		01/08/21		1,179,430

55

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	400,000	John Deere Capital Corp		2.800	%	03/04/21	$	404,121
	200,000	John Deere Capital Corp		3.150		10/15/21		204,974
	500,000	John Deere Capital Corp		2.650		01/06/22		502,853
	400,000	John Deere Capital Corp		2.150		09/08/22		391,426
	200,000	John Deere Capital Corp		2.800		01/27/23		201,173
	600,000	John Deere Capital Corp		2.800		03/06/23		602,253
	300,000	John Deere Capital Corp		3.350		06/12/24		308,857
	850,000	John Deere Capital Corp		2.650		06/24/24		841,725
	125,000	John Deere Capital Corp		3.400		09/11/25		129,217
	200,000	John Deere Capital Corp		2.800		09/08/27		196,255
	160,000	Johnson Controls International plc		4.250		03/01/21		167,464
	300,000	Johnson Controls International plc		3.900		02/14/26		313,806
	270,000	Johnson Controls International plc		6.000		01/15/36		336,938
	200,000	Johnson Controls International plc		5.125		09/14/45		234,570
	125,000	Johnson Controls International plc		4.500		02/15/47		137,197
	300,000	Johnson Controls International plc		3.625		07/02/24		310,864
	325,000	Johnson Controls International plc		4.625		07/02/44		357,672
	100,000	Johnson Controls International plc		4.950		07/02/64		110,038
	150,000	Kennametal, Inc		3.875		02/15/22		150,997
	1,366,000	KLA-Tencor Corp		4.125		11/01/21		1,424,836
	200,000	KLA-Tencor Corp		4.650		11/01/24		216,894
	509,000	Lam Research Corp		2.750		03/15/20		512,575
	400,000	Lam Research Corp		2.800		06/15/21		402,471
	200,000	Lam Research Corp		3.800		03/15/25		207,867
	100,000	Legrand France S.A.		8.500		02/15/25		129,698
	100,000	Lennox International, Inc		3.000		11/15/23		98,727
	1,075,000	Lockheed Martin Corp		2.500		11/23/20		1,081,788
	500,000	Lockheed Martin Corp		3.100		01/15/23		507,972
	300,000	Lockheed Martin Corp		2.900		03/01/25		298,979
	1,200,000	Lockheed Martin Corp		3.550		01/15/26		1,245,740
	300,000	Lockheed Martin Corp		3.600		03/01/35		302,207
	500,000	Lockheed Martin Corp		4.500		05/15/36		560,257
	1,608,000	Lockheed Martin Corp		4.070		12/15/42		1,691,313
	969,000	Lockheed Martin Corp		4.090		09/15/52		1,013,300
	200,000	Mosaic Co		3.250		11/15/22		198,223
	300,000	Mosaic Co		4.250		11/15/23		310,607
	300,000	Mosaic Co		4.050		11/15/27		300,699
	300,000	Mosaic Co		5.450		11/15/33		326,524
	100,000	Mosaic Co		4.875		11/15/41		99,376
	300,000	Mosaic Co		5.625		11/15/43		322,990
	250,000	Parker-Hannifin Corp		3.500		09/15/22		258,266
	300,000	Parker-Hannifin Corp		3.300		11/21/24		306,922
	175,000	Parker-Hannifin Corp		3.250		03/01/27		176,494
	200,000	Parker-Hannifin Corp		4.200		11/21/34		218,151
	200,000	Parker-Hannifin Corp		4.450		11/21/44		223,110
	350,000	Parker-Hannifin Corp		4.100		03/01/47		375,862
	775,000	Precision Castparts Corp		2.500		01/15/23		769,984
	300,000	Precision Castparts Corp		3.250		06/15/25		306,574
	400,000	Precision Castparts Corp		4.200		06/15/35		427,656
	100,000	Precision Castparts Corp		3.900		01/15/43		104,040
	50,000	Raytheon Co		4.400		02/15/20		52,252
	450,000	Raytheon Co		3.125		10/15/20		460,307

56

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,000,000	Raytheon Co		2.500	%	12/15/22	$	997,732
	300,000	Raytheon Co		3.150		12/15/24		306,655
	200,000	Raytheon Co		7.200		08/15/27		265,762
	100,000	Raytheon Co		4.700		12/15/41		118,435
	150,000	Raytheon Co		4.200		12/15/44		166,653
	300,000	Reliance Steel & Aluminum Co		4.500		04/15/23		316,184
	700,000	Rockwell Automation, Inc		2.050		03/01/20		695,177
	100,000	Rockwell Collins, Inc		1.950		07/15/19		99,478
	500,000	Rockwell Collins, Inc		2.800		03/15/22		500,645
	125,000	Rockwell Collins, Inc		3.700		12/15/23		129,630
	500,000	Rockwell Collins, Inc		3.200		03/15/24		503,729
	1,325,000	Rockwell Collins, Inc		3.500		03/15/27		1,348,705
	125,000	Rockwell Collins, Inc		4.800		12/15/43		142,648
	150,000	Rockwell Collins, Inc		4.350		04/15/47		162,757
	100,000	Roper Industries, Inc		6.250		09/01/19		106,133
	200,000	Roper Technologies, Inc		3.000		12/15/20		202,365
	100,000	Roper Technologies, Inc		2.800		12/15/21		100,165
	1,100,000	Roper Technologies, Inc		3.800		12/15/26		1,134,071
	200,000	Snap-on, Inc		3.250		03/01/27		203,178
	200,000	Spirit AeroSystems, Inc		3.850		06/15/26		203,037
	250,000	Stanley Black & Decker, Inc		3.400		12/01/21		256,244
	600,000	Stanley Black & Decker, Inc		2.900		11/01/22		605,718
	100,000	Stanley Black & Decker, Inc		5.200		09/01/40		117,778
	150,000	Textron, Inc		4.000		03/15/26		156,422
	500,000	Textron, Inc		3.650		03/15/27		508,006
	100,000	Textron, Inc		3.375		03/01/28		99,410
	250,000	Timken Co		3.875		09/01/24		251,553
	200,000	Trinity Industries, Inc		4.550		10/01/24		199,748
	200,000	Tupperware Brands Corp		4.750		06/01/21		210,823
	500,000	United Technologies Corp		1.500		11/01/19		494,063
	300,000	United Technologies Corp		1.900		05/04/20		297,026
	500,000	United Technologies Corp		1.950		11/01/21		488,439
	300,000	United Technologies Corp		2.300		05/04/22		295,273
	1,325,000	United Technologies Corp		3.100		06/01/22		1,349,430
	400,000	United Technologies Corp		2.800		05/04/24		396,960
	1,000,000	United Technologies Corp		2.650		11/01/26		962,830
	500,000	United Technologies Corp		3.125		05/04/27		500,164
	145,000	United Technologies Corp		5.700		04/15/40		184,560
	1,650,000	United Technologies Corp		4.500		06/01/42		1,827,248
	1,500,000	United Technologies Corp		4.150		05/15/45		1,596,429
	375,000	United Technologies Corp		3.750		11/01/46		375,234
	500,000	United Technologies Corp		4.050		05/04/47		522,838
	300,000	Wabtec Corp		3.450		11/15/26		293,306
	300,000	WW Grainger, Inc		4.600		06/15/45		328,085
	200,000	WW Grainger, Inc		3.750		05/15/46		192,567
	125,000	WW Grainger, Inc		4.200		05/15/47		129,717
	300,000	Xylem, Inc		4.875		10/01/21		323,526
	100,000	Xylem, Inc		3.250		11/01/26		99,446
	100,000	Xylem, Inc		4.375		11/01/46		107,076
		TOTAL CAPITAL GOODS						86,105,558
COMMERCIAL & PROFESSIONAL SERVICES - 0.3%
	500,000	CNH Industrial NV		3.850		11/15/27		499,062

57

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	500,000		Daimler Finance North America LLC		8.500	%	01/18/31	$	755,086
	300,000		eBay, Inc		2.200		08/01/19		299,220
	200,000		eBay, Inc		2.150		06/05/20		198,583
	200,000		eBay, Inc		3.250		10/15/20		203,760
	300,000		eBay, Inc		2.875		08/01/21		302,949
	800,000		eBay, Inc		2.600		07/15/22		792,683
	200,000		eBay, Inc		2.750		01/30/23		198,023
	400,000		eBay, Inc		3.450		08/01/24		406,437
	1,200,000		eBay, Inc		3.600		06/05/27		1,189,185
	200,000		eBay, Inc		4.000		07/15/42		184,526
	150,000		Equifax, Inc		2.300		06/01/21		146,401
	200,000		Equifax, Inc		3.300		12/15/22		198,674
	300,000		Fluor Corp		3.500		12/15/24		307,933
	200,000		Fortune Brands Home & Security, Inc		3.000		06/15/20		201,792
	200,000		Fortune Brands Home & Security, Inc		4.000		06/15/25		209,044
	500,000		Howard Hughes Medical Institute		3.500		09/01/23		523,780
	200,000		Mastercard, Inc		2.000		11/21/21		197,415
	200,000		Mastercard, Inc		2.950		11/21/26		199,919
	200,000		Mastercard, Inc		3.800		11/21/46		212,370
	1,000,000		MasterCard, Inc		3.375		04/01/24		1,038,257
	200,000		Moody’s Corp		2.750		07/15/19		201,208
	400,000		Moody’s Corp		2.750		12/15/21		400,457
	200,000	g	Moody’s Corp		2.625		01/15/23		198,374
	400,000		Moody’s Corp		4.875		02/15/24		439,284
	200,000	g	Moody’s Corp		3.250		01/15/28		197,659
	200,000		Moody’s Corp		5.250		07/15/44		241,384
	100,000		Partners Healthcare System, Inc		3.765		07/01/48		99,214
	100,000		Partners Healthcare System, Inc		4.117		07/01/55		104,134
	329,000		Reed Elsevier Capital, Inc		3.125		10/15/22		331,467
	63,000		Republic Services, Inc		5.500		09/15/19		66,243
	615,000		Republic Services, Inc		5.000		03/01/20		647,855
	580,000		Republic Services, Inc		5.250		11/15/21		633,139
	250,000		Republic Services, Inc		3.550		06/01/22		257,687
	750,000		Republic Services, Inc		3.200		03/15/25		753,954
	900,000		Republic Services, Inc		2.900		07/01/26		881,024
	100,000		Republic Services, Inc		3.375		11/15/27		100,717
	300,000		S&P Global, Inc		3.300		08/14/20		305,561
	300,000		S&P Global, Inc		4.000		06/15/25		315,054
	925,000		S&P Global, Inc		4.400		02/15/26		1,001,998
	600,000		Thomson Reuters Corp		4.300		11/23/23		633,192
	200,000		Thomson Reuters Corp		3.350		05/15/26		198,995
	145,000		Thomson Reuters Corp		5.850		04/15/40		175,138
	400,000		Thomson Reuters Corp		4.500		05/23/43		413,422
	200,000		Thomson Reuters Corp		5.650		11/23/43		240,610
	1,000,000		VEREIT Operating Partnership LP		4.125		06/01/21		1,037,970
	250,000		VEREIT Operating Partnership LP		3.950		08/15/27		247,071
	1,500,000		Visa, Inc		2.200		12/14/20		1,498,703
	125,000		Visa, Inc		2.150		09/15/22		123,245
	600,000		Visa, Inc		2.800		12/14/22		608,707
	2,925,000		Visa, Inc		3.150		12/14/25		2,989,471
	200,000		Visa, Inc		2.750		09/15/27		197,271
	1,800,000		Visa, Inc		4.300		12/14/45		2,046,359

58

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	625,000	Visa, Inc		3.650	%	09/15/47	$	640,594
	310,000	Waste Management, Inc		4.600		03/01/21		329,164
	850,000	Waste Management, Inc		2.900		09/15/22		854,701
	100,000	Waste Management, Inc		2.400		05/15/23		98,044
	1,000,000	Waste Management, Inc		3.500		05/15/24		1,035,175
	1,000,000	Waste Management, Inc		3.150		11/15/27		999,123
	100,000	Waste Management, Inc		3.900		03/01/35		104,765
		TOTAL COMMERCIAL & PROFESSIONAL SERVICES						29,913,232
CONSUMER DURABLES & APPAREL - 0.1%
	300,000	Coach, Inc		3.000		07/15/22		298,902
	300,000	Coach, Inc		4.125		07/15/27		302,196
	400,000	DR Horton, Inc		3.750		03/01/19		405,352
	200,000	DR Horton, Inc		2.550		12/01/20		199,686
	500,000	DR Horton, Inc		4.375		09/15/22		526,531
	200,000	Hasbro, Inc		3.150		05/15/21		201,403
	200,000	Hasbro, Inc		3.500		09/15/27		195,401
	100,000	Hasbro, Inc		6.350		03/15/40		120,245
	200,000	Hasbro, Inc		5.100		05/15/44		209,734
	200,000	Leggett & Platt, Inc		3.400		08/15/22		202,933
	300,000	Leggett & Platt, Inc		3.500		11/15/27		296,997
	1,000,000	Masco Corp		4.450		04/01/25		1,060,300
	200,000	Masco Corp		3.500		11/15/27		197,106
	200,000	Masco Corp		4.500		05/15/47		203,317
	200,000	Mattel, Inc		2.350		05/06/19		197,476
	300,000	Mattel, Inc		2.350		08/15/21		267,282
	100,000	Mattel, Inc		5.450		11/01/41		82,750
	100,000	Mohawk Industries, Inc		3.850		02/01/23		103,799
	300,000	Newell Rubbermaid, Inc		2.875		12/01/19		302,376
	1,150,000	Newell Rubbermaid, Inc		3.150		04/01/21		1,162,759
	350,000	Newell Rubbermaid, Inc		3.850		04/01/23		362,115
	200,000	Newell Rubbermaid, Inc		4.000		12/01/24		207,646
	100,000	Newell Rubbermaid, Inc		3.900		11/01/25		102,341
	925,000	Newell Rubbermaid, Inc		4.200		04/01/26		965,837
	350,000	Newell Rubbermaid, Inc		5.375		04/01/36		409,364
	750,000	Newell Rubbermaid, Inc		5.500		04/01/46		893,445
	300,000	NIKE, Inc		2.250		05/01/23		298,317
	200,000	NIKE, Inc		2.375		11/01/26		190,487
	300,000	NIKE, Inc		3.625		05/01/43		300,956
	500,000	NIKE, Inc		3.875		11/01/45		523,101
	200,000	NIKE, Inc		3.375		11/01/46		192,687
	150,000	NVR, Inc		3.950		09/15/22		156,568
	200,000	Ralph Lauren Corp		2.625		08/18/20		201,554
	220,000	VF Corp		6.450		11/01/37		296,977
	150,000	Whirlpool Corp		4.700		06/01/22		160,847
	100,000	Whirlpool Corp		3.700		03/01/23		102,600
	100,000	Whirlpool Corp		4.000		03/01/24		105,049
	200,000	Whirlpool Corp		4.500		06/01/46		211,619
		TOTAL CONSUMER DURABLES & APPAREL						12,218,055

59

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
CONSUMER SERVICES - 0.2%
$	100,000	Board of Trustees of The Leland Stanford Junior University		4.750	%	05/01/19	$	103,480
	300,000	Board of Trustees of The Leland Stanford Junior University		3.647		05/01/48		320,404
	200,000	California Institute of Technology		4.321		08/01/45		229,272
	500,000	Catholic Health Initiatives		2.950		11/01/22		495,604
	100,000	Children’s Hospital Corp		4.115		01/01/47		108,078
	400,000	Cintas Corp No 2		2.900		04/01/22		403,534
	400,000	Cintas Corp No 2		3.700		04/01/27		416,093
	200,000	Darden Restaurants, Inc		3.850		05/01/27		203,767
	100,000	Darden Restaurants, Inc		6.800		10/15/37		133,907
	115,000	Duke University		3.299		10/01/46		111,898
	100,000	George Washington University		3.485		09/15/22		102,315
	300,000	George Washington University		4.300		09/15/44		328,471
	200,000	George Washington University		4.868		09/15/45		238,550
	200,000	Hyatt Hotels Corp		3.375		07/15/23		204,336
	100,000	Hyatt Hotels Corp		4.850		03/15/26		109,028
	19,000	Johns Hopkins University		5.250		07/01/19		19,851
	200,000	Marriott International, Inc		3.000		03/01/19		201,352
	200,000	Marriott International, Inc		3.375		10/15/20		204,143
	300,000	Marriott International, Inc		2.875		03/01/21		301,901
	200,000	Marriott International, Inc		3.125		10/15/21		202,408
	200,000	Marriott International, Inc		2.300		01/15/22		196,333
	200,000	Marriott International, Inc		3.250		09/15/22		203,646
	200,000	Marriott International, Inc		3.750		03/15/25		204,713
	200,000	Marriott International, Inc		3.125		06/15/26		196,677
	250,000	Massachusetts Institute of Technology		5.600		07/01/11		344,738
	200,000	Massachusetts Institute of Technology		4.678		07/01/14		233,237
	300,000	Massachusetts Institute of Technology		3.885		07/01/16		294,099
	300,000	McDonald’s Corp		1.875		05/29/19		298,779
	250,000	McDonald’s Corp		2.200		05/26/20		249,880
	720,000	McDonald’s Corp		3.500		07/15/20		741,319
	500,000	McDonald’s Corp		2.750		12/09/20		505,150
	550,000	McDonald’s Corp		2.625		01/15/22		551,068
	2,000,000	McDonald’s Corp		3.700		01/30/26		2,084,253
	500,000	McDonald’s Corp		4.700		12/09/35		567,548
	500,000	McDonald’s Corp		3.625		05/01/43		479,953
	250,000	McDonald’s Corp		4.600		05/26/45		278,831
	1,000,000	McDonald’s Corp		4.875		12/09/45		1,157,419
	500,000	McDonald’s Corp		4.450		03/01/47		543,701
	200,000	Northwestern University		3.688		12/01/38		211,353
	200,000	Northwestern University		3.868		12/01/48		210,117
	200,000	Northwestern University		3.662		12/01/57		205,319
	750,000	President and Fellows of Harvard College		3.619		10/01/37		795,994
	200,000	President and Fellows of Harvard College		3.150		07/15/46		194,960
	200,000	President and Fellows of Harvard College		3.300		07/15/56		195,547
	100,000	Princeton University		4.950		03/01/19		103,217
	220,000	Princeton University		5.700		03/01/39		299,567
	200,000	Starbucks Corp		2.200		11/22/20		199,957
	200,000	Starbucks Corp		2.100		02/04/21		198,698
	200,000	Starbucks Corp		2.700		06/15/22		200,588
	350,000	Starbucks Corp		3.850		10/01/23		371,905
	175,000	Starbucks Corp		2.450		06/15/26		168,652

60

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Starbucks Corp		4.300	%	06/15/45	$	220,747
	200,000	Starbucks Corp		3.750		12/01/47		202,505
	200,000	Trinity Acquisition plc		3.500		09/15/21		203,879
	200,000	Trinity Acquisition plc		4.400		03/15/26		211,466
	200,000	Trustees of Dartmouth College		3.474		06/01/46		206,090
	200,000	University of Notre Dame du Lac		3.438		02/15/45		200,804
	200,000	University of Notre Dame du Lac		3.394		02/15/48		199,260
	200,000	Wesleyan University		4.781		07/01/16		212,050
	200,000	William Marsh Rice University		3.574		05/15/45		203,547
	200,000	William Marsh Rice University		3.774		05/15/55		212,276
	200,000	Wyndham Worldwide Corp		4.250		03/01/22		204,537
	200,000	Wyndham Worldwide Corp		3.900		03/01/23		197,866
	200,000	Wyndham Worldwide Corp		5.100		10/01/25		209,568
	200,000	Wyndham Worldwide Corp		4.500		04/01/27		203,178
	200,000	Yale University		2.086		04/15/19		200,695
		TOTAL CONSUMER SERVICES						20,014,078
DIVERSIFIED FINANCIALS - 3.2%
	300,000	AerCap Ireland Capital DAC		3.500		01/15/25		297,303
	300,000	AerCap Ireland Capital DAC		3.650		07/21/27		296,812
	5,333,000	AerCap Ireland Capital Ltd		5.000		10/01/21		5,684,308
	200,000	Affiliated Managers Group, Inc		4.250		02/15/24		210,837
	20,000	Ahold Finance USA LLC		6.875		05/01/29		24,792
	500,000	American Express Co		2.200		10/30/20		495,861
	850,000	American Express Co		2.500		08/01/22		839,630
	500,000	American Express Co		3.000		10/30/24		499,054
	300,000	American Express Co		3.625		12/05/24		308,615
	829,000	American Express Co		4.050		12/03/42		880,141
	750,000	American Express Credit Corp		2.125		03/18/19		749,946
	750,000	American Express Credit Corp		1.875		05/03/19		746,923
	500,000	American Express Credit Corp		2.250		08/15/19		500,994
	300,000	American Express Credit Corp		1.700		10/30/19		296,869
	1,100,000	American Express Credit Corp		2.200		03/03/20		1,096,608
	2,575,000	American Express Credit Corp		2.375		05/26/20		2,571,854
	500,000	American Express Credit Corp		2.600		09/14/20		502,496
	1,050,000	American Express Credit Corp		2.700		03/03/22		1,053,282
	750,000	American Express Credit Corp		3.300		05/03/27		760,857
	200,000	American Honda Finance Corp		1.700		02/22/19		199,163
	300,000	American Honda Finance Corp		1.200		07/12/19		295,822
	500,000	American Honda Finance Corp		2.250		08/15/19		500,697
	500,000	American Honda Finance Corp		2.000		11/13/19		498,230
	200,000	American Honda Finance Corp		2.000		02/14/20		198,964
	700,000	American Honda Finance Corp		2.150		03/13/20		698,069
	300,000	American Honda Finance Corp		1.950		07/20/20		297,619
	300,000	American Honda Finance Corp		2.450		09/24/20		300,956
	300,000	American Honda Finance Corp		1.650		07/12/21		292,575
	200,000	American Honda Finance Corp		1.700		09/09/21		194,774
	750,000	American Honda Finance Corp		2.600		11/16/22		750,359
	200,000	American Honda Finance Corp		2.900		02/16/24		201,143
	100,000	American Honda Finance Corp		2.300		09/09/26		94,626
	595,000	Ameriprise Financial, Inc		5.300		03/15/20		631,124
	400,000	Ameriprise Financial, Inc		4.000		10/15/23		425,607

61

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Ameriprise Financial, Inc		3.700	%	10/15/24	$	313,228
	200,000	Ameriprise Financial, Inc		2.875		09/15/26		194,425
	300,000	Ares Capital Corp		4.875		11/30/18		306,847
	350,000	Ares Capital Corp		3.875		01/15/20		356,166
	200,000	Ares Capital Corp		3.625		01/19/22		200,804
	200,000	Ares Capital Corp		3.500		02/10/23		197,007
	2,000,000	Bank of New York Mellon Corp		2.300		09/11/19		2,005,011
	1,000,000	Bank of New York Mellon Corp		2.150		02/24/20		998,515
	300,000	Bank of New York Mellon Corp		2.600		08/17/20		302,276
	500,000	Bank of New York Mellon Corp		2.450		11/27/20		501,823
	675,000	Bank of New York Mellon Corp		2.500		04/15/21		676,457
	300,000	Bank of New York Mellon Corp		2.050		05/03/21		296,325
	500,000	Bank of New York Mellon Corp		3.550		09/23/21		518,724
	750,000	Bank of New York Mellon Corp		2.600		02/07/22		751,628
	150,000	Bank of New York Mellon Corp		2.661		05/16/23		149,901
	500,000	Bank of New York Mellon Corp		2.200		08/16/23		484,527
	250,000	Bank of New York Mellon Corp		3.650		02/04/24		261,601
	800,000	Bank of New York Mellon Corp		3.250		09/11/24		816,626
	500,000	Bank of New York Mellon Corp		3.000		02/24/25		499,973
	500,000	Bank of New York Mellon Corp		2.800		05/04/26		488,144
	500,000	Bank of New York Mellon Corp		2.450		08/17/26		474,734
	300,000	Bank of New York Mellon Corp		3.250		05/16/27		303,140
	100,000	Bank of New York Mellon Corp		3.000		10/30/28		97,178
	400,000	Bank of New York Mellon Corp		3.300		08/23/29		398,597
	500,000	Barclays Bank plc		5.140		10/14/20		529,441
	300,000	Berkshire Hathaway, Inc		2.100		08/14/19		300,112
	750,000	Berkshire Hathaway, Inc		2.200		03/15/21		747,577
	200,000	Berkshire Hathaway, Inc		3.750		08/15/21		209,958
	300,000	Berkshire Hathaway, Inc		3.000		02/11/23		306,009
	750,000	Berkshire Hathaway, Inc		2.750		03/15/23		754,793
	1,750,000	Berkshire Hathaway, Inc		3.125		03/15/26		1,769,341
	800,000	Berkshire Hathaway, Inc		4.500		02/11/43		921,097
	790,000	BlackRock, Inc		5.000		12/10/19		830,660
	125,000	BlackRock, Inc		3.375		06/01/22		129,568
	500,000	BlackRock, Inc		3.500		03/18/24		519,585
	200,000	BlackRock, Inc		3.200		03/15/27		203,144
	200,000	Block Financial LLC		5.500		11/01/22		214,880
	200,000	Block Financial LLC		5.250		10/01/25		214,642
	500,000	BNP Paribas S.A.		2.450		03/17/19		502,459
	2,225,000	BNP Paribas S.A.		2.375		05/21/20		2,227,631
	700,000	BNP Paribas S.A.		5.000		01/15/21		752,360
	300,000	BNP Paribas S.A.		3.250		03/03/23		306,536
	500,000	BNP Paribas S.A.		4.250		10/15/24		527,743
	200,000	Broadridge Financial Solutions, Inc		3.950		09/01/20		207,255
	200,000	Broadridge Financial Solutions, Inc		3.400		06/27/26		198,310
	300,000	Brookfield Asset Management, Inc		4.000		01/15/25		307,810
	200,000	Brookfield Finance LLC		4.000		04/01/24		207,003
	200,000	Brookfield Finance, Inc		4.250		06/02/26		206,378
	200,000	Brookfield Finance, Inc		4.700		09/20/47		209,407
	700,000	Capital One Financial Corp		2.500		05/12/20		699,080
	700,000	Capital One Financial Corp		2.400		10/30/20		695,652
	1,250,000	Capital One Financial Corp		3.050		03/09/22		1,258,612
	500,000	Capital One Financial Corp		3.750		04/24/24		513,552

62

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Capital One Financial Corp		3.300	%	10/30/24	$	498,076
	200,000	Capital One Financial Corp		3.200		02/05/25		197,998
	500,000	Capital One Financial Corp		4.200		10/29/25		514,287
	300,000	Capital One Financial Corp		3.750		07/28/26		298,659
	650,000	Capital One Financial Corp		3.750		03/09/27		656,750
	200,000	CBOE Holdings, Inc		1.950		06/28/19		198,717
	200,000	CBOE Holdings, Inc		3.650		01/12/27		205,938
	500,000	Celanese US Holdings LLC		4.625		11/15/22		532,879
	100,000	Charles Schwab Corp		4.450		07/22/20		105,366
	200,000	Charles Schwab Corp		2.650		01/25/23		199,849
	200,000	Charles Schwab Corp		3.000		03/10/25		199,290
	500,000	Charles Schwab Corp		3.200		03/02/27		504,416
	200,000	Charles Schwab Corp		3.200		01/25/28		200,252
	350,000	CME Group, Inc		3.000		09/15/22		356,876
	300,000	CME Group, Inc		3.000		03/15/25		303,344
	200,000	CME Group, Inc		5.300		09/15/43		256,553
	2,250,000	Credit Suisse		2.300		05/28/19		2,251,978
	2,250,000	Credit Suisse		5.400		01/14/20		2,374,866
	1,150,000	Credit Suisse		3.625		09/09/24		1,189,694
	750,000	Credit Suisse Group Funding Guernsey Ltd		3.125		12/10/20		759,483
	1,000,000	Credit Suisse Group Funding Guernsey Ltd		3.450		04/16/21		1,023,254
	450,000	Credit Suisse Group Funding Guernsey Ltd		3.800		09/15/22		464,132
	475,000	Credit Suisse Group Funding Guernsey Ltd		3.800		06/09/23		489,791
	2,050,000	Credit Suisse Group Funding Guernsey Ltd		3.750		03/26/25		2,091,310
	750,000	Credit Suisse Group Funding Guernsey Ltd		4.550		04/17/26		802,808
	1,250,000	Credit Suisse Group Funding Guernsey Ltd		4.875		05/15/45		1,431,752
	1,850,000	Diageo Investment Corp		2.875		05/11/22		1,877,611
	100,000	Diageo Investment Corp		4.250		05/11/42		109,805
	100,000	Discover Financial Services		5.200		04/27/22		107,623
	700,000	Discover Financial Services		3.950		11/06/24		714,888
	200,000	E*TRADE Financial Corp		2.950		08/24/22		198,286
	200,000	E*TRADE Financial Corp		3.800		08/24/27		199,290
	300,000	Eaton Vance Corp		3.625		06/15/23		309,367
	200,000	Eaton Vance Corp		3.500		04/06/27		204,632
	500,000	Ford Motor Credit Co LLC		2.375		03/12/19		500,142
	300,000	Ford Motor Credit Co LLC		2.262		03/28/19		299,526
	300,000	Ford Motor Credit Co LLC		2.021		05/03/19		298,615
	300,000	Ford Motor Credit Co LLC		1.897		08/12/19		297,712
	500,000	Ford Motor Credit Co LLC		2.597		11/04/19		500,270
	300,000	Ford Motor Credit Co LLC		2.681		01/09/20		300,708
	1,000,000	Ford Motor Credit Co LLC		2.459		03/27/20		996,730
	400,000	Ford Motor Credit Co LLC		2.425		06/12/20		397,604
	300,000	Ford Motor Credit Co LLC		2.343		11/02/20		297,131
	300,000	Ford Motor Credit Co LLC		3.200		01/15/21		304,172
	3,550,000	Ford Motor Credit Co LLC		3.336		03/18/21		3,605,171
	500,000	Ford Motor Credit Co LLC		5.875		08/02/21		548,998
	350,000	Ford Motor Credit Co LLC		3.219		01/09/22		352,116
	900,000	Ford Motor Credit Co LLC		3.339		03/28/22		910,314
	1,000,000	Ford Motor Credit Co LLC		2.979		08/03/22		996,341
	450,000	Ford Motor Credit Co LLC		3.096		05/04/23		447,355
	200,000	Ford Motor Credit Co LLC		3.810		01/09/24		204,131
	1,000,000	Ford Motor Credit Co LLC		3.664		09/08/24		1,012,670

63

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	925,000	Ford Motor Credit Co LLC		4.134	%	08/04/25	$	956,423
	500,000	Ford Motor Credit Co LLC		4.389		01/08/26		524,467
	500,000	Ford Motor Credit Co LLC		3.815		11/02/27		499,981
	150,000	Franklin Resources, Inc		2.800		09/15/22		150,767
	200,000	Franklin Resources, Inc		2.850		03/30/25		199,411
	200,000	FS Investment Corp		4.250		01/15/20		203,410
	2,452,000	GE Capital International Funding Co		2.342		11/15/20		2,440,512
	3,443,000	GE Capital International Funding Co		3.373		11/15/25		3,500,869
	3,444,000	GE Capital International Funding Co		4.418		11/15/35		3,724,691
	1,500,000	General Electric Capital Corp		2.300		01/14/19		1,501,771
	200,000	General Electric Capital Corp		2.100		12/11/19		199,406
	181,000	General Electric Capital Corp		5.500		01/08/20		192,172
	250,000	General Electric Capital Corp		2.200		01/09/20		249,732
	532,000	General Electric Capital Corp		4.375		09/16/20		558,788
	72,000	General Electric Capital Corp		4.625		01/07/21		76,375
	86,000	General Electric Capital Corp		5.300		02/11/21		92,854
	200,000	General Electric Capital Corp		4.650		10/17/21		215,304
	544,000	General Electric Capital Corp		3.150		09/07/22		552,527
	144,000	General Electric Capital Corp		3.100		01/09/23		146,236
	4,503,000	General Electric Capital Corp		3.450		05/15/24		4,644,535
	752,000	General Electric Capital Corp		6.750		03/15/32		1,029,773
	344,000	General Electric Capital Corp		5.875		01/14/38		444,539
	352,000	General Electric Capital Corp		6.875		01/10/39		506,868
	1,500,000	General Motors Financial Co, Inc		3.100		01/15/19		1,508,018
	500,000	General Motors Financial Co, Inc		2.400		05/09/19		500,079
	1,000,000	General Motors Financial Co, Inc		2.350		10/04/19		996,950
	500,000	General Motors Financial Co, Inc		2.650		04/13/20		500,076
	200,000	General Motors Financial Co, Inc		3.200		07/13/20		202,702
	300,000	General Motors Financial Co, Inc		2.450		11/06/20		297,722
	700,000	General Motors Financial Co, Inc		3.700		11/24/20		718,556
	500,000	General Motors Financial Co, Inc		4.200		03/01/21		519,932
	875,000	General Motors Financial Co, Inc		3.200		07/06/21		883,454
	750,000	General Motors Financial Co, Inc		3.450		01/14/22		760,036
	2,500,000	General Motors Financial Co, Inc		3.450		04/10/22		2,533,033
	300,000	General Motors Financial Co, Inc		3.150		06/30/22		299,729
	825,000	General Motors Financial Co, Inc		3.700		05/09/23		841,316
	500,000	General Motors Financial Co, Inc		3.950		04/13/24		514,639
	1,300,000	General Motors Financial Co, Inc		3.500		11/07/24		1,297,044
	300,000	General Motors Financial Co, Inc		4.300		07/13/25		312,556
	400,000	General Motors Financial Co, Inc		4.000		10/06/26		406,708
	1,250,000	General Motors Financial Co, Inc		4.350		01/17/27		1,299,711
	1,500,000	Goldman Sachs Group, Inc		2.625		01/31/19		1,506,378
	200,000	Goldman Sachs Group, Inc		2.000		04/25/19		199,381
	125,000	Goldman Sachs Group, Inc		1.950		07/23/19		124,259
	1,500,000	Goldman Sachs Group, Inc		2.550		10/23/19		1,502,652
	1,000,000	Goldman Sachs Group, Inc		2.300		12/13/19		999,237
	2,505,000	Goldman Sachs Group, Inc		5.375		03/15/20		2,655,980
	950,000	Goldman Sachs Group, Inc		2.600		04/23/20		951,238
	1,150,000	Goldman Sachs Group, Inc		6.000		06/15/20		1,243,321
	425,000	Goldman Sachs Group, Inc		2.750		09/15/20		427,095
	500,000	Goldman Sachs Group, Inc		2.600		12/27/20		499,906
	500,000	Goldman Sachs Group, Inc		2.875		02/25/21		503,652
	150,000	Goldman Sachs Group, Inc		2.625		04/25/21		149,881

64

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,300,000	Goldman Sachs Group, Inc		5.250	%	07/27/21	$	1,408,787
	500,000	Goldman Sachs Group, Inc		2.350		11/15/21		492,364
	2,325,000	Goldman Sachs Group, Inc		5.750		01/24/22		2,577,743
	1,250,000	Goldman Sachs Group, Inc		3.000		04/26/22		1,254,780
	1,000,000	Goldman Sachs Group, Inc		2.876		10/31/22		997,024
	1,800,000	Goldman Sachs Group, Inc		3.625		01/22/23		1,859,196
	1,000,000	Goldman Sachs Group, Inc		2.908		06/05/23		993,225
	750,000	Goldman Sachs Group, Inc		2.905		07/24/23		744,666
	1,500,000	Goldman Sachs Group, Inc		4.000		03/03/24		1,573,390
	500,000	Goldman Sachs Group, Inc		3.850		07/08/24		518,528
	3,050,000	Goldman Sachs Group, Inc		3.500		01/23/25		3,097,601
	600,000	Goldman Sachs Group, Inc		3.750		05/22/25		618,009
	425,000	Goldman Sachs Group, Inc		3.272		09/29/25		423,191
	250,000	Goldman Sachs Group, Inc		4.250		10/21/25		261,219
	800,000	Goldman Sachs Group, Inc		3.750		02/25/26		820,667
	1,050,000	Goldman Sachs Group, Inc		3.500		11/16/26		1,055,881
	3,500,000	Goldman Sachs Group, Inc		3.850		01/26/27		3,592,387
	4,050,000	Goldman Sachs Group, Inc		3.691		06/05/28		4,107,358
	625,000	Goldman Sachs Group, Inc		4.017		10/31/38		642,255
	2,150,000	Goldman Sachs Group, Inc		6.250		02/01/41		2,895,123
	1,075,000	Goldman Sachs Group, Inc		4.800		07/08/44		1,225,036
	1,075,000	Goldman Sachs Group, Inc		5.150		05/22/45		1,245,540
	1,575,000	Goldman Sachs Group, Inc		4.750		10/21/45		1,802,571
	370,000	HSBC Finance Corp		6.676		01/15/21		411,334
	500,000	IBM Credit LLC		1.625		09/06/19		496,572
	500,000	IBM Credit LLC		1.800		01/20/21		492,174
	1,500,000	IBM Credit LLC		2.200		09/08/22		1,468,724
	500,000	Intercontinental Exchange, Inc		2.750		12/01/20		504,775
	300,000	Intercontinental Exchange, Inc		2.350		09/15/22		297,190
	500,000	Intercontinental Exchange, Inc		3.750		12/01/25		524,655
	1,300,000	Intercontinental Exchange, Inc		3.100		09/15/27		1,299,463
	200,000	IntercontinentalExchange Group, Inc		4.000		10/15/23		211,934
	125,000	Invesco Finance plc		3.125		11/30/22		126,478
	200,000	Invesco Finance plc		4.000		01/30/24		210,858
	200,000	Invesco Finance plc		3.750		01/15/26		206,708
	200,000	Invesco Finance plc		5.375		11/30/43		247,477
	300,000	Janus Capital Group, Inc		4.875		08/01/25		322,449
	700,000	Jefferies Group LLC		4.850		01/15/27		743,995
	825,000	Jefferies Group, Inc		8.500		07/15/19		896,009
	500,000	Jefferies Group, Inc		6.875		04/15/21		559,300
	600,000	Jefferies Group, Inc		6.450		06/08/27		696,851
	500,000	Korea Finance Corp		2.875		08/22/18		501,364
	250,000	Lazard Group LLC		4.250		11/14/20		260,376
	150,000	Lazard Group LLC		3.750		02/13/25		152,931
	200,000	Lazard Group LLC		3.625		03/01/27		199,530
	400,000	Legg Mason, Inc		5.625		01/15/44		445,597
	1,500,000	Merrill Lynch & Co, Inc		6.110		01/29/37		1,916,381
	1,450,000	Morgan Stanley		2.500		01/24/19		1,453,597
	500,000	Morgan Stanley		2.450		02/01/19		501,232
	796,000	Morgan Stanley		7.300		05/13/19		848,552
	4,000,000	Morgan Stanley		2.375		07/23/19		4,004,109
	300,000	Morgan Stanley		5.625		09/23/19		316,111

65

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	590,000	Morgan Stanley		5.500	%	01/26/20	$	625,195
	1,700,000	Morgan Stanley		2.650		01/27/20		1,707,583
	1,500,000	Morgan Stanley		2.800		06/16/20		1,513,437
	1,200,000	Morgan Stanley		5.500		07/28/21		1,312,475
	1,250,000	Morgan Stanley		2.625		11/17/21		1,244,165
	2,025,000	Morgan Stanley		2.750		05/19/22		2,017,314
	2,500,000	Morgan Stanley		4.875		11/01/22		2,691,700
	2,850,000	Morgan Stanley		4.100		05/22/23		2,968,809
	1,000,000	Morgan Stanley		3.875		04/29/24		1,043,861
	2,592,000	Morgan Stanley		3.700		10/23/24		2,677,794
	650,000	Morgan Stanley		4.000		07/23/25		680,420
	750,000	Morgan Stanley		5.000		11/24/25		820,483
	775,000	Morgan Stanley		3.125		07/27/26		764,196
	1,075,000	Morgan Stanley		4.350		09/08/26		1,126,149
	2,250,000	Morgan Stanley		3.625		01/20/27		2,302,122
	1,600,000	Morgan Stanley		3.950		04/23/27		1,624,306
	1,000,000	Morgan Stanley		3.591		07/22/28		1,008,905
	600,000	Morgan Stanley		7.250		04/01/32		830,481
	525,000	Morgan Stanley		3.971		07/22/38		543,222
	1,750,000	Morgan Stanley		4.300		01/27/45		1,885,793
	1,500,000	Morgan Stanley		4.375		01/22/47		1,642,721
	220,000	NASDAQ OMX Group, Inc		5.550		01/15/20		233,180
	250,000	NASDAQ OMX Group, Inc		4.250		06/01/24		263,504
	200,000	NASDAQ, Inc		3.850		06/30/26		205,307
	300,000	National Rural Utilities Cooperative Finance Corp		1.650		02/08/19		298,585
	125,000	National Rural Utilities Cooperative Finance Corp		2.300		11/15/19		125,331
	500,000	National Rural Utilities Cooperative Finance Corp		2.300		11/01/20		499,484
	350,000	National Rural Utilities Cooperative Finance Corp		3.050		02/15/22		356,025
	500,000	National Rural Utilities Cooperative Finance Corp		2.400		04/25/22		497,097
	500,000	National Rural Utilities Cooperative Finance Corp		2.300		09/15/22		494,846
	200,000	National Rural Utilities Cooperative Finance Corp		2.700		02/15/23		199,812
	200,000	National Rural Utilities Cooperative Finance Corp		3.400		11/15/23		206,391
	300,000	National Rural Utilities Cooperative Finance Corp		2.950		02/07/24		302,188
	400,000	National Rural Utilities Cooperative Finance Corp		2.850		01/27/25		397,083
	200,000	National Rural Utilities Cooperative Finance Corp		3.250		11/01/25		203,861
	500,000	National Rural Utilities Cooperative Finance Corp		4.750		04/30/43		523,390
	200,000	National Rural Utilities Cooperative Finance Corp		5.250		04/20/46		214,794
	500,000	Nomura Holdings, Inc		2.750		03/19/19		503,701
	430,000	Nomura Holdings, Inc		6.700		03/04/20		465,867
	1,000,000	Oesterreichische Kontrollbank AG.		1.125		05/29/18		997,703
	500,000	Oesterreichische Kontrollbank AG.		1.625		03/12/19		497,874
	500,000	Oesterreichische Kontrollbank AG.		1.125		04/26/19		494,048
	1,550,000	Oesterreichische Kontrollbank AG.		1.500		10/21/20		1,521,073
	500,000	Oesterreichische Kontrollbank AG.		2.375		10/01/21		500,534
	125,000	ORIX Corp		2.900		07/18/22		124,546
	500,000	ORIX Corp		3.250		12/04/24		498,289
	200,000	ORIX Corp		3.700		07/18/27		201,320
	1,000,000	PACCAR Financial Corp		1.950		02/27/20		994,354
	500,000	Raymond James Financial, Inc		3.625		09/15/26		502,209
	100,000	Raymond James Financial, Inc		4.950		07/15/46		112,955
	1,500,000	Shire Acquisitions Investments Ireland DAC		1.900		09/23/19		1,486,259
	2,400,000	Shire Acquisitions Investments Ireland DAC		2.400		09/23/21		2,361,971
	1,500,000	Shire Acquisitions Investments Ireland DAC		2.875		09/23/23		1,474,376

66

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,000,000	Shire Acquisitions Investments Ireland DAC		3.200	%	09/23/26	$	977,482
	300,000	State Street Corp		2.550		08/18/20		301,969
	300,000	State Street Corp		4.375		03/07/21		318,228
	500,000	State Street Corp		1.950		05/19/21		492,734
	500,000	State Street Corp		2.653		05/15/23		500,082
	400,000	State Street Corp		3.100		05/15/23		403,412
	350,000	State Street Corp		3.700		11/20/23		368,486
	500,000	State Street Corp		3.300		12/16/24		516,322
	225,000	State Street Corp		3.550		08/18/25		233,759
	500,000	State Street Corp		2.650		05/19/26		486,274
	200,000	Stifel Financial Corp		3.500		12/01/20		201,556
	100,000	Stifel Financial Corp		4.250		07/18/24		102,411
	700,000	Synchrony Financial		2.600		01/15/19		701,282
	250,000	Synchrony Financial		3.000		08/15/19		251,714
	275,000	Synchrony Financial		2.700		02/03/20		275,673
	300,000	Synchrony Financial		3.750		08/15/21		307,593
	250,000	Synchrony Financial		4.250		08/15/24		259,161
	600,000	Synchrony Financial		4.500		07/23/25		626,859
	300,000	Synchrony Financial		3.700		08/04/26		295,697
	500,000	Synchrony Financial		3.950		12/01/27		497,748
	300,000	Syngenta Finance NV		3.125		03/28/22		291,625
	300,000	TD Ameritrade Holding Corp		2.950		04/01/22		303,557
	350,000	TD Ameritrade Holding Corp		3.625		04/01/25		362,254
	350,000	TD Ameritrade Holding Corp		3.300		04/01/27		353,080
	500,000	Toyota Motor Credit Corp		1.700		01/09/19		498,962
	500,000	Toyota Motor Credit Corp		2.100		01/17/19		501,142
	300,000	Toyota Motor Credit Corp		1.700		02/19/19		298,643
	350,000	Toyota Motor Credit Corp		1.400		05/20/19		346,809
	400,000	Toyota Motor Credit Corp		2.125		07/18/19		399,973
	200,000	Toyota Motor Credit Corp		1.550		10/18/19		198,202
	500,000	Toyota Motor Credit Corp		2.150		03/12/20		498,393
	300,000	Toyota Motor Credit Corp		1.950		04/17/20		298,774
	300,000	Toyota Motor Credit Corp		1.900		04/08/21		295,651
	750,000	Toyota Motor Credit Corp		2.750		05/17/21		757,484
	500,000	Toyota Motor Credit Corp		3.400		09/15/21		517,313
	750,000	Toyota Motor Credit Corp		2.600		01/11/22		753,942
	300,000	Toyota Motor Credit Corp		2.800		07/13/22		303,508
	500,000	Toyota Motor Credit Corp		2.150		09/08/22		491,963
	400,000	Toyota Motor Credit Corp		2.625		01/10/23		400,054
	400,000	Toyota Motor Credit Corp		2.250		10/18/23		390,949
	300,000	Toyota Motor Credit Corp		2.900		04/17/24		303,161
	300,000	Toyota Motor Credit Corp		3.200		01/11/27		305,599
	1,750,000	UBS AG.		2.375		08/14/19		1,751,263
	1,000,000	UBS AG.		2.350		03/26/20		999,142
	250,000	Unilever Capital Corp		4.800		02/15/19		257,287
	300,000	Unilever Capital Corp		2.200		03/06/19		300,473
	300,000	Unilever Capital Corp		1.800		05/05/20		297,772
	250,000	Unilever Capital Corp		2.100		07/30/20		249,384
	250,000	Unilever Capital Corp		4.250		02/10/21		263,622
	300,000	Unilever Capital Corp		1.375		07/28/21		289,779
	400,000	Unilever Capital Corp		2.200		05/05/22		395,478
	400,000	Unilever Capital Corp		2.600		05/05/24		395,480

67

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	450,000	Unilever Capital Corp		3.100	%	07/30/25	$	455,982
	225,000	Unilever Capital Corp		2.000		07/28/26		207,585
	400,000	Unilever Capital Corp		2.900		05/05/27		396,329
	330,000	Unilever Capital Corp		5.900		11/15/32		429,532
	425,000	Wells Fargo & Co		2.150		01/15/19		425,654
	1,000,000	Wells Fargo & Co		2.150		01/30/20		997,753
	1,550,000	Wells Fargo & Co		2.600		07/22/20		1,559,441
	450,000	Wells Fargo & Co		2.550		12/07/20		451,788
	1,000,000	Wells Fargo & Co		3.000		01/22/21		1,014,155
	1,000,000	Wells Fargo & Co		2.500		03/04/21		999,450
	1,200,000	Wells Fargo & Co		4.600		04/01/21		1,275,127
	750,000	Wells Fargo & Co		2.100		07/26/21		737,366
	3,500,000	Wells Fargo & Co		3.500		03/08/22		3,613,532
	1,000,000	Wells Fargo & Co		2.625		07/22/22		994,492
	750,000	Wells Fargo & Co		3.069		01/24/23		755,541
	700,000	Wells Fargo & Co		3.450		02/13/23		713,231
	500,000	Wells Fargo & Co		4.125		08/15/23		527,195
	334,000	Wells Fargo & Co		4.480		01/16/24		358,908
	2,200,000	Wells Fargo & Co		3.300		09/09/24		2,233,634
	3,550,000	Wells Fargo & Co		3.000		02/19/25		3,519,528
	500,000	Wells Fargo & Co		3.550		09/29/25		513,105
	2,500,000	Wells Fargo & Co		3.000		04/22/26		2,452,092
	650,000	Wells Fargo & Co		4.100		06/03/26		681,426
	1,750,000	Wells Fargo & Co		3.000		10/23/26		1,714,791
	750,000	Wells Fargo & Co		4.300		07/22/27		798,373
	2,325,000	Wells Fargo & Co		3.584		05/22/28		2,369,546
	264,000	Wells Fargo & Co		5.375		02/07/35		322,496
	725,000	Wells Fargo & Co		5.375		11/02/43		862,607
	1,143,000	Wells Fargo & Co		5.606		01/15/44		1,408,032
	300,000	Wells Fargo & Co		4.650		11/04/44		326,861
	1,500,000	Wells Fargo & Co		3.900		05/01/45		1,554,373
	750,000	Wells Fargo & Co		4.900		11/17/45		848,086
	1,750,000	Wells Fargo & Co		4.400		06/14/46		1,843,929
	1,750,000	Wells Fargo & Co		4.750		12/07/46		1,954,084
		TOTAL DIVERSIFIED FINANCIALS						298,144,879
ENERGY - 2.5%
	965,000	Anadarko Petroleum Corp		8.700		03/15/19		1,034,577
	375,000	Anadarko Petroleum Corp		4.850		03/15/21		395,978
	700,000	Anadarko Petroleum Corp		3.450		07/15/24		696,955
	1,350,000	Anadarko Petroleum Corp		5.550		03/15/26		1,514,316
	1,325,000	Anadarko Petroleum Corp		6.200		03/15/40		1,605,474
	200,000	Anadarko Petroleum Corp		4.500		07/15/44		199,132
	500,000	Anadarko Petroleum Corp		6.600		03/15/46		642,625
	200,000	Andeavor		3.800		04/01/28		200,417
	200,000	Andeavor		4.500		04/01/48		202,082
	200,000	Andeavor Logistics LP		3.500		12/01/22		199,593
	150,000	Andeavor Logistics LP		4.250		12/01/27		151,244
	200,000	Andeavor Logistics LP		5.200		12/01/47		208,414
	1,200,000	Apache Corp		3.250		04/15/22		1,208,925
	980,000	Apache Corp		5.100		09/01/40		1,043,283
	300,000	Apache Corp		5.250		02/01/42		324,564
	850,000	Apache Corp		4.750		04/15/43		872,865

68

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		Apache Corp		4.250	%	01/15/44	$	290,382
	750,000	g	Baker Hughes a GE Co LLC		2.773		12/15/22		748,913
	500,000	g	Baker Hughes a GE Co LLC		3.337		12/15/27		499,006
	500,000	g	Baker Hughes a GE Co LLC		4.080		12/15/47		508,047
	129,000		Baker Hughes, Inc		3.200		08/15/21		131,744
	800,000		Baker Hughes, Inc		5.125		09/15/40		939,741
	200,000		Boardwalk Pipelines LP		5.750		09/15/19		209,615
	200,000		Boardwalk Pipelines LP		3.375		02/01/23		199,084
	200,000		Boardwalk Pipelines LP		5.950		06/01/26		223,035
	200,000		Boardwalk Pipelines LP		4.450		07/15/27		203,410
	225,000		BP Capital Markets plc		1.676		05/03/19		223,797
	500,000		BP Capital Markets plc		2.237		05/10/19		500,672
	300,000		BP Capital Markets plc		1.768		09/19/19		298,265
	2,450,000		BP Capital Markets plc		2.315		02/13/20		2,455,819
	300,000		BP Capital Markets plc		4.500		10/01/20		317,414
	150,000		BP Capital Markets plc		4.742		03/11/21		160,612
	500,000		BP Capital Markets plc		2.112		09/16/21		493,625
	1,450,000		BP Capital Markets plc		3.561		11/01/21		1,506,981
	1,200,000		BP Capital Markets plc		3.245		05/06/22		1,229,824
	175,000		BP Capital Markets plc		2.520		09/19/22		174,106
	850,000		BP Capital Markets plc		2.500		11/06/22		845,498
	300,000		BP Capital Markets plc		3.994		09/26/23		319,005
	800,000		BP Capital Markets plc		3.216		11/28/23		817,081
	500,000		BP Capital Markets plc		3.814		02/10/24		525,526
	500,000		BP Capital Markets plc		3.224		04/14/24		512,209
	300,000		BP Capital Markets plc		3.535		11/04/24		311,622
	500,000		BP Capital Markets plc		3.506		03/17/25		517,091
	500,000		BP Capital Markets plc		3.119		05/04/26		505,230
	200,000		BP Capital Markets plc		3.017		01/16/27		198,154
	500,000		BP Capital Markets plc		3.588		04/14/27		517,286
	750,000		BP Capital Markets plc		3.279		09/19/27		758,992
	300,000		BP Capital Markets plc		3.723		11/28/28		314,126
	200,000		Buckeye Partners LP		2.650		11/15/18		200,577
	200,000		Buckeye Partners LP		4.875		02/01/21		210,343
	200,000		Buckeye Partners LP		4.350		10/15/24		204,046
	300,000		Buckeye Partners LP		3.950		12/01/26		294,793
	200,000		Buckeye Partners LP		4.125		12/01/27		197,709
	200,000		Buckeye Partners LP		5.850		11/15/43		215,254
	100,000		Buckeye Partners LP		5.600		10/15/44		104,992
	575,000		Burlington Resources Finance Co		7.200		08/15/31		787,604
	200,000		Burlington Resources Finance Co		7.400		12/01/31		279,491
	300,000		Canadian Natural Resources Ltd		2.950		01/15/23		298,614
	600,000		Canadian Natural Resources Ltd		3.800		04/15/24		617,779
	700,000		Canadian Natural Resources Ltd		3.900		02/01/25		720,530
	750,000		Canadian Natural Resources Ltd		3.850		06/01/27		765,285
	850,000		Canadian Natural Resources Ltd		6.250		03/15/38		1,060,741
	300,000		Canadian Natural Resources Ltd		4.950		06/01/47		335,441
	500,000		Cenovus Energy, Inc		5.700		10/15/19		525,900
	550,000		Cenovus Energy, Inc		4.250		04/15/27		548,522
	750,000		Cenovus Energy, Inc		5.250		06/15/37		771,905
	500,000		Cenovus Energy, Inc		5.200		09/15/43		507,059
	750,000		Cenovus Energy, Inc		5.400		06/15/47		788,595

69

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Chevron Corp		4.950	%	03/03/19	$	206,681
	500,000	Chevron Corp		1.561		05/16/19		497,100
	1,000,000	Chevron Corp		2.193		11/15/19		1,002,017
	700,000	Chevron Corp		1.961		03/03/20		697,499
	300,000	Chevron Corp		1.991		03/03/20		297,426
	1,250,000	Chevron Corp		2.427		06/24/20		1,256,034
	750,000	Chevron Corp		2.100		05/16/21		743,787
	400,000	Chevron Corp		2.411		03/03/22		399,545
	300,000	Chevron Corp		2.498		03/03/22		300,357
	1,050,000	Chevron Corp		2.355		12/05/22		1,041,530
	500,000	Chevron Corp		2.566		05/16/23		498,808
	250,000	Chevron Corp		3.191		06/24/23		256,869
	300,000	Chevron Corp		2.895		03/03/24		302,602
	125,000	Chevron Corp		3.326		11/17/25		128,583
	1,650,000	Chevron Corp		2.954		05/16/26		1,649,018
	500,000	Cimarex Energy Co		4.375		06/01/24		530,483
	100,000	Cimarex Energy Co		3.900		05/15/27		102,223
	500,000	Concho Resources, Inc		3.750		10/01/27		506,380
	400,000	Concho Resources, Inc		4.875		10/01/47		438,106
	300,000	ConocoPhillips Co		2.200		05/15/20		299,308
	400,000	ConocoPhillips Co		4.200		03/15/21		420,589
	1,300,000	ConocoPhillips Co		2.875		11/15/21		1,314,971
	600,000	ConocoPhillips Co		2.400		12/15/22		592,940
	1,800,000	ConocoPhillips Co		3.350		11/15/24		1,852,779
	300,000	ConocoPhillips Co		4.150		11/15/34		318,555
	250,000	ConocoPhillips Co		5.900		05/15/38		328,290
	1,035,000	ConocoPhillips Co		6.500		02/01/39		1,447,364
	300,000	ConocoPhillips Co		4.300		11/15/44		327,778
	500,000	ConocoPhillips Co		5.950		03/15/46		672,927
	500,000	ConocoPhillips Holding Co		6.950		04/15/29		656,504
	1,025,000	Devon Energy Corp		3.250		05/15/22		1,042,502
	885,000	Devon Energy Corp		5.600		07/15/41		1,042,328
	700,000	Devon Energy Corp		4.750		05/15/42		740,630
	300,000	Devon Energy Corp		5.000		06/15/45		334,377
	550,000	Ecopetrol S.A.		7.625		07/23/19		589,875
	725,000	Ecopetrol S.A.		5.875		09/18/23		801,125
	1,000,000	Ecopetrol S.A.		4.125		01/16/25		1,005,000
	400,000	Ecopetrol S.A.		5.375		06/26/26		431,880
	200,000	Ecopetrol S.A.		7.375		09/18/43		240,400
	300,000	Ecopetrol S.A.		5.875		05/28/45		306,300
	300,000	El Paso Pipeline Partners Operating Co LLC		4.300		05/01/24		312,286
	400,000	El Paso Pipeline Partners Operating Co LLC		4.700		11/01/42		386,922
	495,000	Enbridge Energy Partners LP		5.200		03/15/20		520,926
	675,000	Enbridge Energy Partners LP		4.375		10/15/20		703,401
	200,000	Enbridge Energy Partners LP		5.875		10/15/25		226,473
	300,000	Enbridge Energy Partners LP		5.500		09/15/40		328,185
	200,000	Enbridge Energy Partners LP		7.375		10/15/45		265,552
	1,000,000	EnCana Corp		3.900		11/15/21		1,027,643
	1,000,000	EnCana Corp		6.500		08/15/34		1,234,979
	200,000	EnLink Midstream Partners LP		2.700		04/01/19		199,805
	200,000	EnLink Midstream Partners LP		4.400		04/01/24		206,540
	300,000	EnLink Midstream Partners LP		4.150		06/01/25		303,061
	100,000	EnLink Midstream Partners LP		4.850		07/15/26		104,761

70

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	EnLink Midstream Partners LP		5.600	%	04/01/44	$	209,824
	400,000	EnLink Midstream Partners LP		5.450		06/01/47		422,327
	130,000	Enterprise Products Operating LLC		6.500		01/31/19		135,837
	600,000	Enterprise Products Operating LLC		5.200		09/01/20		641,014
	100,000	Enterprise Products Operating LLC		2.850		04/15/21		100,825
	400,000	Enterprise Products Operating LLC		4.050		02/15/22		418,515
	800,000	Enterprise Products Operating LLC		3.900		02/15/24		833,440
	300,000	Enterprise Products Operating LLC		3.700		02/15/26		307,106
	3,065,000	Enterprise Products Operating LLC		3.950		02/15/27		3,184,786
	480,000	Enterprise Products Operating LLC		6.125		10/15/39		603,389
	300,000	Enterprise Products Operating LLC		4.850		08/15/42		329,169
	100,000	Enterprise Products Operating LLC		4.450		02/15/43		103,433
	1,500,000	Enterprise Products Operating LLC		4.850		03/15/44		1,642,771
	500,000	Enterprise Products Operating LLC		5.100		02/15/45		570,048
	300,000	Enterprise Products Operating LLC		4.900		05/15/46		330,249
	200,000	Enterprise Products Operating LLC		4.950		10/15/54		218,601
	200,000	Enterprise Products Operating LLC		4.875		08/16/77		200,500
	700,000	Enterprise Products Operating LLC		5.250		08/16/77		693,000
	900,000	EOG Resources, Inc		2.450		04/01/20		902,523
	440,000	EOG Resources, Inc		4.100		02/01/21		458,737
	600,000	EOG Resources, Inc		2.625		03/15/23		593,029
	150,000	EOG Resources, Inc		4.150		01/15/26		159,606
	200,000	EOG Resources, Inc		3.900		04/01/35		203,995
	200,000	EOG Resources, Inc		5.100		01/15/36		230,845
	550,000	EQT Corp		8.125		06/01/19		592,279
	300,000	EQT Corp		2.500		10/01/20		297,888
	300,000	EQT Corp		3.000		10/01/22		296,763
	500,000	EQT Corp		3.900		10/01/27		496,919
	750,000	Exxon Mobil Corp		1.708		03/01/19		748,191
	500,000	Exxon Mobil Corp		1.819		03/15/19		499,164
	950,000	Exxon Mobil Corp		1.912		03/06/20		945,031
	750,000	Exxon Mobil Corp		2.222		03/01/21		748,206
	500,000	Exxon Mobil Corp		2.397		03/06/22		499,137
	1,000,000	Exxon Mobil Corp		2.726		03/01/23		1,006,937
	500,000	Exxon Mobil Corp		3.176		03/15/24		515,548
	500,000	Exxon Mobil Corp		2.709		03/06/25		498,184
	1,852,000	Exxon Mobil Corp		3.043		03/01/26		1,880,117
	500,000	Exxon Mobil Corp		3.567		03/06/45		504,783
	850,000	Exxon Mobil Corp		4.114		03/01/46		948,572
	200,000	Gulf South Pipeline Co LP		4.000		06/15/22		205,378
	2,850,000	Halliburton Co		3.800		11/15/25		2,961,190
	500,000	Halliburton Co		4.850		11/15/35		560,545
	250,000	Halliburton Co		4.500		11/15/41		262,641
	600,000	Halliburton Co		4.750		08/01/43		654,546
	750,000	Halliburton Co		5.000		11/15/45		860,517
	200,000	Helmerich & Payne International Drilling Co		4.650		03/15/25		210,484
	200,000	Hess Corp		3.500		07/15/24		197,068
	1,100,000	Hess Corp		4.300		04/01/27		1,102,392
	940,000	Hess Corp		5.600		02/15/41		1,012,913
	300,000	Hess Corp		5.800		04/01/47		333,565
	200,000	HollyFrontier Corp		5.875		04/01/26		222,475
	30,000	Husky Energy, Inc		7.250		12/15/19		32,659

71

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Husky Energy, Inc		3.950	%	04/15/22	$	206,901
	500,000	Husky Energy, Inc		4.000		04/15/24		522,206
	130,000	Husky Energy, Inc		6.800		09/15/37		168,795
	2,400,000	Kinder Morgan, Inc		3.050		12/01/19		2,420,748
	1,200,000	Kinder Morgan, Inc		3.950		09/01/22		1,238,276
	1,000,000	Kinder Morgan, Inc		3.150		01/15/23		993,769
	350,000	Kinder Morgan, Inc		3.450		02/15/23		351,731
	200,000	Kinder Morgan, Inc		3.500		09/01/23		200,098
	300,000	Kinder Morgan, Inc		4.150		02/01/24		311,076
	500,000	Kinder Morgan, Inc		4.250		09/01/24		517,734
	1,950,000	Kinder Morgan, Inc		4.300		06/01/25		2,030,720
	1,900,000	Kinder Morgan, Inc		5.300		12/01/34		2,025,601
	535,000	Kinder Morgan, Inc		6.500		09/01/39		630,971
	300,000	Kinder Morgan, Inc		5.625		09/01/41		318,518
	200,000	Kinder Morgan, Inc		5.000		08/15/42		202,996
	500,000	Kinder Morgan, Inc		5.000		03/01/43		507,130
	400,000	Kinder Morgan, Inc		5.500		03/01/44		425,744
	200,000	Kinder Morgan, Inc		5.400		09/01/44		211,284
	800,000	Kinder Morgan, Inc		5.550		06/01/45		874,810
	200,000	Magellan Midstream Partners LP		6.550		07/15/19		211,828
	125,000	Magellan Midstream Partners LP		4.250		02/01/21		130,422
	900,000	Magellan Midstream Partners LP		5.000		03/01/26		999,479
	100,000	Magellan Midstream Partners LP		4.250		09/15/46		101,119
	300,000	Magellan Midstream Partners LP		4.200		10/03/47		302,210
	1,150,000	Marathon Oil Corp		2.800		11/01/22		1,138,640
	300,000	Marathon Oil Corp		3.850		06/01/25		305,309
	800,000	Marathon Oil Corp		4.400		07/15/27		835,819
	255,000	Marathon Oil Corp		6.600		10/01/37		319,285
	200,000	Marathon Oil Corp		5.200		06/01/45		221,492
	250,000	Marathon Petroleum Corp		3.400		12/15/20		255,430
	250,000	Marathon Petroleum Corp		5.125		03/01/21		268,286
	600,000	Marathon Petroleum Corp		3.625		09/15/24		611,769
	350,000	Marathon Petroleum Corp		6.500		03/01/41		438,351
	250,000	Marathon Petroleum Corp		4.750		09/15/44		260,987
	250,000	Marathon Petroleum Corp		5.850		12/15/45		287,735
	200,000	Marathon Petroleum Corp		5.000		09/15/54		202,362
	300,000	National Oilwell Varco, Inc		2.600		12/01/22		292,925
	800,000	National Oilwell Varco, Inc		3.950		12/01/42		705,013
	935,000	Nexen, Inc		6.400		05/15/37		1,218,944
	750,000	Noble Energy, Inc		3.900		11/15/24		770,968
	500,000	Noble Energy, Inc		3.850		01/15/28		501,379
	700,000	Noble Energy, Inc		6.000		03/01/41		827,273
	300,000	Noble Energy, Inc		5.250		11/15/43		332,132
	200,000	Noble Energy, Inc		4.950		08/15/47		213,843
	250,000	Occidental Petroleum Corp		3.125		02/15/22		256,273
	200,000	Occidental Petroleum Corp		2.600		04/15/22		200,406
	550,000	Occidental Petroleum Corp		2.700		02/15/23		550,265
	750,000	Occidental Petroleum Corp		3.500		06/15/25		776,479
	600,000	Occidental Petroleum Corp		3.400		04/15/26		614,313
	650,000	Occidental Petroleum Corp		3.000		02/15/27		646,011
	300,000	Occidental Petroleum Corp		4.625		06/15/45		339,295
	240,000	Occidental Petroleum Corp		4.400		04/15/46		265,424
	300,000	Occidental Petroleum Corp		4.100		02/15/47		318,590

72

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	200,000		Oceaneering International, Inc		4.650	%	11/15/24	$	194,542
	300,000		ONE Gas, Inc		2.070		02/01/19		300,047
	137,000		ONE Gas, Inc		3.610		02/01/24		141,997
	100,000		ONE Gas, Inc		4.658		02/01/44		113,790
	1,300,000		ONEOK, Inc		4.000		07/13/27		1,317,214
	675,000		ONEOK, Inc		4.950		07/13/47		701,650
	75,000		Petro-Canada		6.800		05/15/38		103,296
	350,000		Petroleos Mexicanos		5.500		02/04/19		361,708
	775,000		Petroleos Mexicanos		6.000		03/05/20		822,275
	500,000		Petroleos Mexicanos		3.500		07/23/20		506,750
	800,000		Petroleos Mexicanos		5.500		01/21/21		848,800
	300,000		Petroleos Mexicanos		6.375		02/04/21		326,100
	240,000		Petroleos Mexicanos		4.875		01/24/22		250,140
	2,000,000	g	Petroleos Mexicanos		5.375		03/13/22		2,120,000
	150,000		Petroleos Mexicanos		1.700		12/20/22		147,269
	150,000		Petroleos Mexicanos		2.000		12/20/22		148,444
	400,000		Petroleos Mexicanos		3.500		01/30/23		391,600
	759,000		Petroleos Mexicanos		4.625		09/21/23		780,821
	1,500,000		Petroleos Mexicanos		4.875		01/18/24		1,553,925
	1,950,000		Petroleos Mexicanos		4.500		01/23/26		1,946,490
	500,000		Petroleos Mexicanos		6.875		08/04/26		566,875
	1,125,000	g	Petroleos Mexicanos		6.500		03/13/27		1,229,625
	2,525,000	g	Petroleos Mexicanos		6.500		03/13/27		2,759,825
	2,040,000		Petroleos Mexicanos		6.500		06/02/41		2,098,140
	860,000		Petroleos Mexicanos		5.500		06/27/44		791,166
	575,000		Petroleos Mexicanos		6.375		01/23/45		578,076
	1,000,000		Petroleos Mexicanos		5.625		01/23/46		925,500
	2,015,000		Petroleos Mexicanos		6.750		09/21/47		2,103,358
	1,075,000	g	Petroleos Mexicanos		6.750		09/21/47		1,122,139
	650,000		Phillips 66		4.300		04/01/22		690,762
	538,000		Phillips 66		4.650		11/15/34		589,077
	400,000		Phillips 66		5.875		05/01/42		508,678
	900,000		Phillips 66		4.875		11/15/44		1,029,954
	125,000		Pioneer Natural Resources Co		3.450		01/15/21		127,506
	375,000		Pioneer Natural Resources Co		3.950		07/15/22		390,814
	200,000		Pioneer Natural Resources Co		4.450		01/15/26		214,315
	550,000		Plains All American Pipeline LP		2.600		12/15/19		546,807
	700,000		Plains All American Pipeline LP		5.000		02/01/21		733,480
	200,000		Plains All American Pipeline LP		2.850		01/31/23		191,348
	400,000		Plains All American Pipeline LP		3.850		10/15/23		398,038
	200,000		Plains All American Pipeline LP		3.600		11/01/24		194,729
	300,000		Plains All American Pipeline LP		4.650		10/15/25		309,076
	1,000,000		Plains All American Pipeline LP		4.500		12/15/26		1,013,433
	100,000		Plains All American Pipeline LP		6.650		01/15/37		114,112
	250,000		Plains All American Pipeline LP		5.150		06/01/42		243,241
	300,000		Plains All American Pipeline LP		4.700		06/15/44		280,227
	300,000		Plains All American Pipeline LP		4.900		02/15/45		287,849
	1,500,000		Sabine Pass Liquefaction LLC		5.625		02/01/21		1,607,958
	1,500,000		Sabine Pass Liquefaction LLC		5.625		03/01/25		1,654,162
	2,500,000		Sabine Pass Liquefaction LLC		5.000		03/15/27		2,681,992
	375,000		Sabine Pass Liquefaction LLC		4.200		03/15/28		379,307
	750,000		Schlumberger Investment S.A.		3.650		12/01/23		789,448

73

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	500,000		Shell International Finance BV		1.375	%	05/10/19	$	495,652
	500,000		Shell International Finance BV		1.375		09/12/19		493,814
	805,000		Shell International Finance BV		4.300		09/22/19		833,811
	1,280,000		Shell International Finance BV		4.375		03/25/20		1,338,392
	500,000		Shell International Finance BV		2.125		05/11/20		498,929
	300,000		Shell International Finance BV		2.250		11/10/20		299,897
	500,000		Shell International Finance BV		1.875		05/10/21		492,598
	500,000		Shell International Finance BV		1.750		09/12/21		487,866
	200,000		Shell International Finance BV		2.375		08/21/22		198,543
	500,000		Shell International Finance BV		2.250		01/06/23		491,203
	500,000		Shell International Finance BV		3.400		08/12/23		519,083
	2,300,000		Shell International Finance BV		3.250		05/11/25		2,363,115
	1,500,000		Shell International Finance BV		2.875		05/10/26		1,499,606
	500,000		Shell International Finance BV		2.500		09/12/26		484,182
	500,000		Shell International Finance BV		4.125		05/11/35		545,047
	421,000		Shell International Finance BV		6.375		12/15/38		586,502
	200,000		Shell International Finance BV		3.625		08/21/42		197,287
	1,000,000		Shell International Finance BV		4.550		08/12/43		1,136,391
	1,000,000		Shell International Finance BV		4.375		05/11/45		1,123,336
	425,000		Shell International Finance BV		4.000		05/10/46		452,212
	1,750,000		Shell International Finance BV		3.750		09/12/46		1,783,112
	375,000		Statoil ASA		1.200		01/17/18		374,900
	300,000		Statoil ASA		1.150		05/15/18		299,273
	500,000		Statoil ASA		2.250		11/08/19		499,903
	300,000		Statoil ASA		2.900		11/08/20		304,924
	500,000		Statoil ASA		2.750		11/10/21		506,682
	625,000		Statoil ASA		2.450		01/17/23		621,196
	300,000		Statoil ASA		2.650		01/15/24		298,643
	300,000		Statoil ASA		3.700		03/01/24		315,117
	500,000		Statoil ASA		3.250		11/10/24		513,912
	200,000		Statoil ASA		5.100		08/17/40		240,947
	400,000		Statoil ASA		4.250		11/23/41		432,186
	300,000		Statoil ASA		3.950		05/15/43		313,529
	1,300,000		Statoil ASA		4.800		11/08/43		1,521,325
	750,000		Suncor Energy, Inc		3.600		12/01/24		766,304
	1,400,000		Suncor Energy, Inc		6.500		06/15/38		1,890,086
	750,000		Suncor Energy, Inc		4.000		11/15/47		766,831
	200,000		Sunoco Logistics Partners Operations LP		4.400		04/01/21		207,966
	1,181,000		Sunoco Logistics Partners Operations LP		3.450		01/15/23		1,174,003
	300,000		Sunoco Logistics Partners Operations LP		4.250		04/01/24		305,783
	200,000		Sunoco Logistics Partners Operations LP		5.950		12/01/25		223,277
	400,000		Sunoco Logistics Partners Operations LP		3.900		07/15/26		391,324
	1,500,000		Sunoco Logistics Partners Operations LP		4.000		10/01/27		1,470,394
	100,000		Sunoco Logistics Partners Operations LP		6.100		02/15/42		106,436
	300,000		Sunoco Logistics Partners Operations LP		5.300		04/01/44		296,555
	200,000		Sunoco Logistics Partners Operations LP		5.350		05/15/45		198,053
	500,000		Sunoco Logistics Partners Operations LP		5.400		10/01/47		504,424
	100,000	g	TechnipFMC plc		3.450		10/01/22		99,840
	900,000	g	Tesoro Corp		5.125		12/15/26		988,774
	2,000,000		Tesoro Logistics LP		6.375		05/01/24		2,170,000
	300,000		Total Capital Canada Ltd		2.750		07/15/23		301,531
	300,000		Total Capital International S.A.		2.125		01/10/19		300,280
	500,000		Total Capital International S.A.		2.100		06/19/19		499,771

74

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Total Capital International S.A.		2.750	%	06/19/21	$	302,963
	1,000,000	Total Capital International S.A.		2.875		02/17/22		1,013,617
	400,000	Total Capital International S.A.		2.700		01/25/23		402,235
	600,000	Total Capital International S.A.		3.700		01/15/24		632,499
	300,000	Total Capital International S.A.		3.750		04/10/24		318,038
	700,000	Total Capital S.A.		4.450		06/24/20		736,783
	100,000	Total Capital S.A.		4.125		01/28/21		105,288
	500,000	TransCanada PipeLines Ltd		3.125		01/15/19		504,538
	500,000	TransCanada PipeLines Ltd		2.125		11/15/19		498,223
	600,000	TransCanada PipeLines Ltd		3.800		10/01/20		622,069
	1,000,000	TransCanada PipeLines Ltd		4.875		01/15/26		1,119,377
	1,700,000	TransCanada PipeLines Ltd		4.625		03/01/34		1,896,965
	340,000	TransCanada PipeLines Ltd		5.850		03/15/36		426,129
	469,000	TransCanada PipeLines Ltd		7.625		01/15/39		706,128
	200,000	TransCanada PipeLines Ltd		6.100		06/01/40		262,148
	200,000	TransCanada PipeLines Ltd		5.000		10/16/43		236,690
	400,000	Vale Overseas Ltd		5.875		06/10/21		435,600
	1,542,000	Vale Overseas Ltd		4.375		01/11/22		1,594,428
	2,350,000	Vale Overseas Ltd		6.250		08/10/26		2,722,475
	150,000	Vale Overseas Ltd		8.250		01/17/34		198,188
	1,164,000	Vale Overseas Ltd		6.875		11/21/36		1,425,900
	680,000	Valero Energy Corp		6.125		02/01/20		732,322
	825,000	Valero Energy Corp		3.650		03/15/25		846,963
	500,000	Valero Energy Corp		3.400		09/15/26		501,898
	330,000	Valero Energy Corp		7.500		04/15/32		444,561
	500,000	Valero Energy Corp		6.625		06/15/37		658,515
	300,000	Valero Energy Corp		4.900		03/15/45		341,388
	200,000	Valero Energy Partners LP		4.375		12/15/26		208,984
		TOTAL ENERGY						226,647,899
FOOD & STAPLES RETAILING - 0.3%
	750,000	CVS Health Corp		2.250		08/12/19		747,657
	1,000,000	CVS Health Corp		2.800		07/20/20		1,004,101
	500,000	CVS Health Corp		4.125		05/15/21		519,432
	650,000	CVS Health Corp		2.125		06/01/21		634,278
	500,000	CVS Health Corp		3.500		07/20/22		509,244
	500,000	CVS Health Corp		2.750		12/01/22		492,473
	250,000	CVS Health Corp		4.000		12/05/23		259,889
	900,000	CVS Health Corp		3.375		08/12/24		904,663
	1,319,000	CVS Health Corp		3.875		07/20/25		1,358,080
	2,200,000	CVS Health Corp		2.875		06/01/26		2,108,700
	400,000	CVS Health Corp		5.300		12/05/43		465,069
	1,500,000	CVS Health Corp		5.125		07/20/45		1,717,667
	235,000	Delhaize Group S.A.		5.700		10/01/40		275,799
	100,000	Kroger Co		2.000		01/15/19		99,814
	1,225,000	Kroger Co		1.500		09/30/19		1,207,521
	445,000	Kroger Co		6.150		01/15/20		478,105
	200,000	Kroger Co		2.950		11/01/21		201,915
	200,000	Kroger Co		3.400		04/15/22		204,697
	125,000	Kroger Co		2.800		08/01/22		124,530
	200,000	Kroger Co		3.850		08/01/23		208,119
	300,000	Kroger Co		4.000		02/01/24		311,620

75

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	100,000	Kroger Co		3.500	%	02/01/26	$	99,801
	300,000	Kroger Co		2.650		10/15/26		279,203
	175,000	Kroger Co		3.700		08/01/27		177,151
	100,000	Kroger Co		6.900		04/15/38		129,187
	250,000	Kroger Co		5.000		04/15/42		265,407
	300,000	Kroger Co		5.150		08/01/43		324,176
	300,000	Kroger Co		3.875		10/15/46		274,393
	500,000	Kroger Co		4.450		02/01/47		498,793
	200,000	Kroger Co		4.650		01/15/48		204,542
	300,000	SYSCO Corp		1.900		04/01/19		299,148
	500,000	SYSCO Corp		2.600		10/01/20		502,109
	125,000	SYSCO Corp		2.500		07/15/21		124,649
	250,000	SYSCO Corp		2.600		06/12/22		248,231
	225,000	SYSCO Corp		3.300		07/15/26		226,351
	100,000	SYSCO Corp		3.250		07/15/27		99,634
	100,000	SYSCO Corp		5.375		09/21/35		119,459
	300,000	SYSCO Corp		4.850		10/01/45		342,580
	500,000	SYSCO Corp		4.500		04/01/46		543,472
	200,000	Walgreen Co		3.100		09/15/22		200,773
	200,000	Walgreen Co		4.400		09/15/42		200,361
	1,125,000	Walgreens Boots Alliance, Inc		2.700		11/18/19		1,131,703
	500,000	Walgreens Boots Alliance, Inc		3.300		11/18/21		508,292
	400,000	Walgreens Boots Alliance, Inc		3.800		11/18/24		408,414
	2,000,000	Walgreens Boots Alliance, Inc		3.450		06/01/26		1,977,184
	400,000	Walgreens Boots Alliance, Inc		4.500		11/18/34		417,396
	400,000	Walgreens Boots Alliance, Inc		4.800		11/18/44		430,291
	125,000	Walgreens Boots Alliance, Inc		4.650		06/01/46		131,565
		TOTAL FOOD & STAPLES RETAILING						23,997,638
FOOD, BEVERAGE & TOBACCO - 1.4%
	228,000	Altria Group, Inc		9.250		08/06/19		252,748
	300,000	Altria Group, Inc		2.625		01/14/20		301,918
	1,800,000	Altria Group, Inc		4.750		05/05/21		1,930,102
	800,000	Altria Group, Inc		2.850		08/09/22		805,144
	200,000	Altria Group, Inc		2.950		05/02/23		200,420
	700,000	Altria Group, Inc		2.625		09/16/26		676,649
	800,000	Altria Group, Inc		4.250		08/09/42		838,864
	300,000	Altria Group, Inc		4.500		05/02/43		325,693
	600,000	Altria Group, Inc		5.375		01/31/44		729,268
	300,000	Altria Group, Inc		3.875		09/16/46		297,409
	2,000,000	Anheuser-Busch InBev Finance, Inc		1.900		02/01/19		1,995,717
	500,000	Anheuser-Busch InBev Finance, Inc		2.150		02/01/19		500,540
	2,000,000	Anheuser-Busch InBev Finance, Inc		2.650		02/01/21		2,009,859
	500,000	Anheuser-Busch InBev Finance, Inc		2.625		01/17/23		498,143
	2,000,000	Anheuser-Busch InBev Finance, Inc		3.300		02/01/23		2,046,304
	500,000	Anheuser-Busch InBev Finance, Inc		3.700		02/01/24		520,294
	12,600,000	Anheuser-Busch InBev Finance, Inc		3.650		02/01/26		12,999,671
	2,500,000	Anheuser-Busch InBev Finance, Inc		4.700		02/01/36		2,803,635
	1,000,000	Anheuser-Busch InBev Finance, Inc		4.625		02/01/44		1,102,400
	3,825,000	Anheuser-Busch InBev Finance, Inc		4.900		02/01/46		4,429,191
	1,390,000	Anheuser-Busch InBev Worldwide, Inc		5.000		04/15/20		1,474,811
	2,750,000	Anheuser-Busch InBev Worldwide, Inc		2.500		07/15/22		2,728,789
	500,000	Anheuser-Busch InBev Worldwide, Inc		3.750		07/15/42		485,856

76

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,039,000		Anheuser-Busch InBev Worldwide, Inc		4.439	%	10/06/48	$	1,130,791
	1,400,000		Archer-Daniels-Midland Co		2.500		08/11/26		1,335,011
	740,000		Archer-Daniels-Midland Co		4.016		04/16/43		782,266
	200,000		Archer-Daniels-Midland Co		3.750		09/15/47		203,712
	750,000	g	BAT Capital Corp		2.297		08/14/20		745,823
	750,000	g	BAT Capital Corp		2.764		08/15/22		745,818
	1,000,000	g	BAT Capital Corp		3.222		08/15/24		999,735
	2,150,000	g	BAT Capital Corp		3.557		08/15/27		2,152,151
	1,000,000	g	BAT Capital Corp		4.390		08/15/37		1,045,424
	1,250,000	g	BAT Capital Corp		4.540		08/15/47		1,314,933
	200,000		Beam, Inc		3.250		05/15/22		203,092
	200,000		Brown-Forman Corp		4.500		07/15/45		226,194
	100,000		Bunge Ltd		8.500		06/15/19		108,318
	500,000		Bunge Ltd		3.500		11/24/20		510,393
	300,000		Bunge Ltd		3.000		09/25/22		297,726
	300,000		Bunge Ltd		3.750		09/25/27		295,586
	100,000		Campbell Soup Co		4.250		04/15/21		104,809
	650,000		Campbell Soup Co		2.500		08/02/22		642,789
	150,000		Campbell Soup Co		3.800		08/02/42		143,042
	300,000		Coca-Cola Bottling Co Consolidated		3.800		11/25/25		302,199
	500,000		Coca-Cola Co		1.375		05/30/19		495,766
	500,000		Coca-Cola Co		1.875		10/27/20		497,379
	300,000		Coca-Cola Co		2.450		11/01/20		302,168
	410,000		Coca-Cola Co		3.150		11/15/20		421,155
	400,000		Coca-Cola Co		1.550		09/01/21		390,240
	300,000		Coca-Cola Co		2.500		04/01/23		299,684
	2,500,000		Coca-Cola Co		3.200		11/01/23		2,595,495
	500,000		Coca-Cola Co		2.875		10/27/25		499,892
	300,000		Coca-Cola Co		2.550		06/01/26		291,881
	400,000		Coca-Cola Co		2.250		09/01/26		379,768
	100,000		Coca-Cola Enterprises, Inc		3.500		09/15/20		102,659
	200,000		Coca-Cola Femsa SAB de C.V.		2.375		11/26/18		200,472
	400,000		Coca-Cola Femsa SAB de C.V.		4.625		02/15/20		418,954
	500,000		Coca-Cola Femsa SAB de C.V.		3.875		11/26/23		522,938
	200,000		Coca-Cola Femsa SAB de C.V.		5.250		11/26/43		236,727
	572,000		ConAgra Foods, Inc		3.200		01/25/23		577,833
	100,000		ConAgra Foods, Inc		7.000		10/01/28		123,857
	200,000		Constellation Brands, Inc		2.000		11/07/19		198,681
	600,000		Constellation Brands, Inc		3.875		11/15/19		616,197
	200,000		Constellation Brands, Inc		2.250		11/06/20		198,150
	300,000		Constellation Brands, Inc		2.700		05/09/22		298,494
	300,000		Constellation Brands, Inc		2.650		11/07/22		296,769
	750,000		Constellation Brands, Inc		3.700		12/06/26		770,965
	300,000		Constellation Brands, Inc		3.500		05/09/27		306,009
	300,000		Constellation Brands, Inc		4.500		05/09/47		328,758
	100,000		Corn Products International, Inc		4.625		11/01/20		105,037
	200,000		Diageo Capital plc		5.875		09/30/36		263,262
	400,000		Diageo Capital plc		3.875		04/29/43		418,208
	500,000		Dr Pepper Snapple Group, Inc		3.130		12/15/23		504,506
	200,000		Dr Pepper Snapple Group, Inc		3.400		11/15/25		202,078
	200,000		Dr Pepper Snapple Group, Inc		2.550		09/15/26		189,544
	500,000		Dr Pepper Snapple Group, Inc		4.420		12/15/46		524,908

77

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	150,000	Flowers Foods, Inc		4.375	%	04/01/22	$	159,027
	100,000	Flowers Foods, Inc		3.500		10/01/26		98,047
	200,000	Fomento Economico Mexicano SAB de C.V.		2.875		05/10/23		197,805
	300,000	Fomento Economico Mexicano SAB de C.V.		4.375		05/10/43		315,666
	210,000	General Mills, Inc		5.650		02/15/19		217,911
	175,000	General Mills, Inc		2.200		10/21/19		174,936
	200,000	General Mills, Inc		3.150		12/15/21		203,853
	500,000	General Mills, Inc		2.600		10/12/22		496,147
	500,000	General Mills, Inc		3.650		02/15/24		523,816
	500,000	General Mills, Inc		3.200		02/10/27		498,668
	150,000	General Mills, Inc		5.400		06/15/40		178,452
	100,000	General Mills, Inc		4.150		02/15/43		101,274
	150,000	Hershey Co		4.125		12/01/20		157,754
	500,000	Hershey Co		2.300		08/15/26		469,786
	300,000	Hershey Co		3.375		08/15/46		285,486
	300,000	Ingredion, Inc		3.200		10/01/26		294,458
	200,000	JM Smucker Co		2.200		12/06/19		199,691
	175,000	JM Smucker Co		2.500		03/15/20		175,422
	100,000	JM Smucker Co		3.500		10/15/21		102,834
	300,000	JM Smucker Co		3.000		03/15/22		301,946
	600,000	JM Smucker Co		3.500		03/15/25		612,806
	200,000	JM Smucker Co		3.375		12/15/27		200,205
	300,000	JM Smucker Co		4.250		03/15/35		318,298
	300,000	JM Smucker Co		4.375		03/15/45		317,806
	1,279,000	Kellogg Co		4.000		12/15/20		1,339,466
	500,000	Kellogg Co		2.650		12/01/23		496,619
	1,125,000	Kellogg Co		3.250		04/01/26		1,116,406
	200,000	Kellogg Co		3.400		11/15/27		198,974
	150,000	Kellogg Co		4.500		04/01/46		158,993
	2,275,000	Kraft Foods Group, Inc		3.500		06/06/22		2,327,623
	300,000	Kraft Foods Group, Inc		6.500		02/09/40		380,344
	700,000	Kraft Foods Group, Inc		5.000		06/04/42		750,515
	1,900,000	Kraft Foods, Inc		5.375		02/10/20		2,008,515
	700,000	Kraft Heinz Foods Co		2.800		07/02/20		703,991
	200,000	Kraft Heinz Foods Co		3.500		07/15/22		204,525
	900,000	Kraft Heinz Foods Co		3.950		07/15/25		929,368
	1,000,000	Kraft Heinz Foods Co		3.000		06/01/26		962,020
	600,000	Kraft Heinz Foods Co		5.000		07/15/35		654,638
	1,000,000	Kraft Heinz Foods Co		5.200		07/15/45		1,099,098
	1,500,000	Kraft Heinz Foods Co		4.375		06/01/46		1,484,493
	250,000	McCormick & Co, Inc		2.700		08/15/22		249,778
	250,000	McCormick & Co, Inc		3.150		08/15/24		251,269
	250,000	McCormick & Co, Inc		3.400		08/15/27		253,200
	400,000	McCormick & Co, Inc		4.200		08/15/47		421,025
	385,000	Mead Johnson Nutrition Co		4.900		11/01/19		403,178
	600,000	Mead Johnson Nutrition Co		3.000		11/15/20		608,942
	225,000	Mead Johnson Nutrition Co		4.125		11/15/25		238,580
	350,000	Mead Johnson Nutrition Co		4.600		06/01/44		389,879
	350,000	Molson Coors Brewing Co		1.450		07/15/19		345,594
	500,000	Molson Coors Brewing Co		2.250		03/15/20		497,450
	500,000	Molson Coors Brewing Co		2.100		07/15/21		490,015
	150,000	Molson Coors Brewing Co		3.500		05/01/22		154,047
	750,000	Molson Coors Brewing Co		3.000		07/15/26		733,884

78

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Molson Coors Brewing Co		5.000	%	05/01/42	$	339,935
	750,000	Molson Coors Brewing Co		4.200		07/15/46		763,566
	400,000	PepsiCo, Inc		2.250		01/07/19		401,111
	100,000	PepsiCo, Inc		1.500		02/22/19		99,536
	350,000	PepsiCo, Inc		1.550		05/02/19		348,042
	300,000	PepsiCo, Inc		1.350		10/04/19		296,398
	100,000	PepsiCo, Inc		4.500		01/15/20		104,564
	500,000	PepsiCo, Inc		1.850		04/30/20		495,941
	300,000	PepsiCo, Inc		2.150		10/14/20		299,533
	600,000	PepsiCo, Inc		3.125		11/01/20		615,623
	300,000	PepsiCo, Inc		2.000		04/15/21		296,559
	200,000	PepsiCo, Inc		3.000		08/25/21		204,328
	1,300,000	PepsiCo, Inc		1.700		10/06/21		1,267,879
	400,000	PepsiCo, Inc		2.750		03/05/22		404,718
	500,000	PepsiCo, Inc		2.250		05/02/22		494,751
	300,000	PepsiCo, Inc		3.100		07/17/22		307,150
	500,000	PepsiCo, Inc		2.750		03/01/23		504,475
	1,000,000	PepsiCo, Inc		3.600		03/01/24		1,048,456
	300,000	PepsiCo, Inc		2.750		04/30/25		300,672
	425,000	PepsiCo, Inc		3.500		07/17/25		441,733
	100,000	PepsiCo, Inc		2.850		02/24/26		99,179
	1,000,000	PepsiCo, Inc		2.375		10/06/26		950,723
	1,000,000	PepsiCo, Inc		3.000		10/15/27		996,162
	310,000	PepsiCo, Inc		4.875		11/01/40		372,935
	400,000	PepsiCo, Inc		4.000		03/05/42		423,646
	200,000	PepsiCo, Inc		3.600		08/13/42		200,159
	450,000	PepsiCo, Inc		4.600		07/17/45		522,210
	800,000	PepsiCo, Inc		4.450		04/14/46		908,230
	275,000	PepsiCo, Inc		3.450		10/06/46		266,520
	750,000	PepsiCo, Inc		4.000		05/02/47		798,136
	300,000	Philip Morris International, Inc		1.875		01/15/19		299,420
	800,000	Philip Morris International, Inc		1.625		02/21/19		795,871
	300,000	Philip Morris International, Inc		1.375		02/25/19		297,641
	300,000	Philip Morris International, Inc		1.875		11/01/19		298,131
	300,000	Philip Morris International, Inc		2.000		02/21/20		298,116
	200,000	Philip Morris International, Inc		2.900		11/15/21		202,411
	300,000	Philip Morris International, Inc		2.625		02/18/22		299,939
	300,000	Philip Morris International, Inc		2.375		08/17/22		295,557
	200,000	Philip Morris International, Inc		2.500		08/22/22		198,137
	300,000	Philip Morris International, Inc		2.500		11/02/22		297,289
	500,000	Philip Morris International, Inc		2.625		03/06/23		494,434
	300,000	Philip Morris International, Inc		2.125		05/10/23		289,285
	300,000	Philip Morris International, Inc		3.600		11/15/23		310,435
	500,000	Philip Morris International, Inc		3.250		11/10/24		508,092
	300,000	Philip Morris International, Inc		3.375		08/11/25		306,047
	700,000	Philip Morris International, Inc		2.750		02/25/26		685,275
	300,000	Philip Morris International, Inc		3.125		08/17/27		299,307
	500,000	Philip Morris International, Inc		3.125		03/02/28		498,298
	240,000	Philip Morris International, Inc		6.375		05/16/38		324,553
	150,000	Philip Morris International, Inc		4.375		11/15/41		161,279
	200,000	Philip Morris International, Inc		4.500		03/20/42		217,460
	150,000	Philip Morris International, Inc		3.875		08/21/42		149,461

79

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	300,000	Philip Morris International, Inc		4.125	%	03/04/43	$	308,248
	200,000	Philip Morris International, Inc		4.875		11/15/43		228,240
	1,300,000	Philip Morris International, Inc		4.250		11/10/44		1,369,040
	270,000	Reynolds American, Inc		6.875		05/01/20		296,009
	375,000	Reynolds American, Inc		3.250		06/12/20		381,011
	2,250,000	Reynolds American, Inc		4.000		06/12/22		2,350,573
	200,000	Reynolds American, Inc		4.850		09/15/23		217,751
	750,000	Reynolds American, Inc		5.700		08/15/35		893,419
	65,000	Reynolds American, Inc		7.250		06/15/37		90,094
	200,000	Reynolds American, Inc		6.150		09/15/43		256,855
	750,000	Reynolds American, Inc		5.850		08/15/45		935,798
	1,400,000	Tyson Foods, Inc		4.500		06/15/22		1,495,184
	500,000	Tyson Foods, Inc		3.950		08/15/24		525,727
	300,000	Tyson Foods, Inc		3.550		06/02/27		307,100
	500,000	Tyson Foods, Inc		5.150		08/15/44		584,637
	300,000	Tyson Foods, Inc		4.550		06/02/47		326,457
		TOTAL FOOD, BEVERAGE & TOBACCO						125,941,645
HEALTH CARE EQUIPMENT & SERVICES - 0.7%
	100,000	AmerisourceBergen Corp		3.500		11/15/21		102,533
	400,000	AmerisourceBergen Corp		3.400		05/15/24		407,314
	700,000	AmerisourceBergen Corp		3.250		03/01/25		703,678
	200,000	AmerisourceBergen Corp		3.450		12/15/27		198,275
	200,000	AmerisourceBergen Corp		4.300		12/15/47		200,528
	500,000	Anthem, Inc		2.500		11/21/20		498,919
	500,000	Anthem, Inc		2.950		12/01/22		500,140
	400,000	Anthem, Inc		3.350		12/01/24		405,716
	400,000	Anthem, Inc		3.650		12/01/27		407,610
	400,000	Anthem, Inc		4.375		12/01/47		424,620
	500,000	Ascension Health		3.945		11/15/46		528,176
	200,000	Ascension Health, Inc		4.847		11/15/53		233,047
	300,000	Baxter International, Inc		1.700		08/15/21		290,871
	300,000	Baxter International, Inc		2.600		08/15/26		285,967
	300,000	Baxter International, Inc		3.500		08/15/46		275,666
	290,000	Baylor Scott & White Holdings		4.185		11/15/45		310,562
	200,000	Baylor Scott & White Holdings		3.967		11/15/46		207,797
	1,414,000	Becton Dickinson & Co		2.675		12/15/19		1,418,938
	150,000	Becton Dickinson & Co		3.250		11/12/20		152,141
	850,000	Becton Dickinson & Co		3.125		11/08/21		857,073
	750,000	Becton Dickinson & Co		3.363		06/06/24		751,934
	151,000	Becton Dickinson & Co		3.734		12/15/24		154,620
	1,000,000	Becton Dickinson & Co		4.669		06/06/47		1,081,725
	500,000	Becton Dickinson and Co		2.133		06/06/19		498,855
	750,000	Becton Dickinson and Co		2.404		06/05/20		745,885
	750,000	Becton Dickinson and Co		2.894		06/06/22		745,214
	1,000,000	Becton Dickinson and Co		3.700		06/06/27		1,007,424
	500,000	Becton Dickinson and Co		4.685		12/15/44		546,273
	100,000	Bio-Rad Laboratories, Inc		4.875		12/15/20		105,827
	650,000	Boston Scientific Corp		6.000		01/15/20		693,768
	300,000	Boston Scientific Corp		2.850		05/15/20		302,360
	300,000	Boston Scientific Corp		3.375		05/15/22		304,602
	150,000	Boston Scientific Corp		4.125		10/01/23		156,997
	1,400,000	Boston Scientific Corp		3.850		05/15/25		1,438,969

80

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Cardinal Health, Inc		1.948	%	06/14/19	$	496,880
	200,000	Cardinal Health, Inc		2.400		11/15/19		199,857
	100,000	Cardinal Health, Inc		4.625		12/15/20		105,426
	350,000	Cardinal Health, Inc		2.616		06/15/22		344,107
	100,000	Cardinal Health, Inc		3.200		06/15/22		100,529
	200,000	Cardinal Health, Inc		3.200		03/15/23		200,179
	500,000	Cardinal Health, Inc		3.079		06/15/24		492,097
	100,000	Cardinal Health, Inc		3.500		11/15/24		100,441
	200,000	Cardinal Health, Inc		3.750		09/15/25		203,582
	300,000	Cardinal Health, Inc		3.410		06/15/27		293,567
	100,000	Cardinal Health, Inc		4.600		03/15/43		102,878
	200,000	Cardinal Health, Inc		4.500		11/15/44		202,802
	200,000	Cardinal Health, Inc		4.900		09/15/45		214,786
	500,000	Cardinal Health, Inc		4.368		06/15/47		496,469
	100,000	Coventry Health Care, Inc		5.450		06/15/21		108,247
	650,000	Covidien International Finance S.A.		3.200		06/15/22		664,276
	100,000	CR Bard, Inc		4.400		01/15/21		104,162
	200,000	CR Bard, Inc		3.000		05/15/26		198,000
	200,000	Dignity Health		5.267		11/01/64		213,487
	400,000	Duke University Health System, Inc		3.920		06/01/47		418,060
	900,000	Express Scripts Holding Co		2.250		06/15/19		898,464
	200,000	Express Scripts Holding Co		2.600		11/30/20		199,800
	150,000	Express Scripts Holding Co		3.300		02/25/21		152,341
	250,000	Express Scripts Holding Co		4.750		11/15/21		266,328
	525,000	Express Scripts Holding Co		3.900		02/15/22		543,237
	200,000	Express Scripts Holding Co		3.050		11/30/22		199,633
	1,100,000	Express Scripts Holding Co		3.000		07/15/23		1,092,183
	300,000	Express Scripts Holding Co		3.500		06/15/24		302,592
	150,000	Express Scripts Holding Co		4.500		02/25/26		159,142
	1,300,000	Express Scripts Holding Co		3.400		03/01/27		1,275,342
	93,000	Express Scripts Holding Co		6.125		11/15/41		113,961
	750,000	Express Scripts Holding Co		4.800		07/15/46		797,143
	200,000	Hackensack Meridian Health, Inc		4.500		07/01/57		223,031
	100,000	Johns Hopkins Health System Corp		3.837		05/15/46		103,121
	100,000	Kaiser Foundation Hospitals		3.500		04/01/22		102,933
	500,000	Kaiser Foundation Hospitals		3.150		05/01/27		500,323
	100,000	Kaiser Foundation Hospitals		4.875		04/01/42		119,070
	515,000	Kaiser Foundation Hospitals		4.150		05/01/47		555,946
	200,000	Keysight Technologies, Inc		3.300		10/30/19		201,871
	200,000	Keysight Technologies, Inc		4.550		10/30/24		212,137
	300,000	Keysight Technologies, Inc		4.600		04/06/27		315,663
	150,000	Laboratory Corp of America Holdings		2.625		02/01/20		150,387
	300,000	Laboratory Corp of America Holdings		3.200		02/01/22		305,827
	200,000	Laboratory Corp of America Holdings		3.750		08/23/22		207,394
	700,000	Laboratory Corp of America Holdings		4.000		11/01/23		726,603
	200,000	Laboratory Corp of America Holdings		3.250		09/01/24		200,267
	100,000	Laboratory Corp of America Holdings		3.600		02/01/25		101,551
	300,000	Laboratory Corp of America Holdings		3.600		09/01/27		300,647
	300,000	Laboratory Corp of America Holdings		4.700		02/01/45		324,246
	200,000	Mayo Clinic		4.128		11/15/52		212,772
	200,000	Mayo Clinic Rochester		4.000		11/15/47		209,607
	180,000	McKesson Corp		4.750		03/01/21		190,753

81

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	600,000	McKesson Corp		2.700	%	12/15/22	$	596,150
	200,000	McKesson Corp		2.850		03/15/23		199,285
	500,000	McKesson Corp		3.796		03/15/24		517,795
	100,000	McKesson Corp		6.000		03/01/41		122,063
	375,000	McKesson Corp		4.883		03/15/44		407,747
	325,000	Medtronic Global Holdings S.C.A		3.350		04/01/27		333,378
	875,000	Medtronic, Inc		2.500		03/15/20		880,128
	1,000,000	Medtronic, Inc		3.150		03/15/22		1,024,122
	1,000,000	Medtronic, Inc		3.625		03/15/24		1,047,057
	4,500,000	Medtronic, Inc		3.500		03/15/25		4,666,971
	936,000	Medtronic, Inc		4.375		03/15/35		1,054,439
	200,000	Medtronic, Inc		4.500		03/15/42		223,314
	1,000,000	Medtronic, Inc		4.625		03/15/44		1,144,370
	1,050,000	Medtronic, Inc		4.625		03/15/45		1,222,193
	100,000	Mount Sinai Hospitals Group, Inc		3.981		07/01/48		101,057
	300,000	New York and Presbyterian Hospital		4.024		08/01/45		317,109
	150,000	New York and Presbyterian Hospital		4.063		08/01/56		157,381
	140,000	Northwell Healthcare, Inc		3.979		11/01/46		136,481
	175,000	Northwell Healthcare, Inc		4.260		11/01/47		178,793
	350,000	NYU Hospitals Center		5.750		07/01/43		455,309
	250,000	NYU Hospitals Center		4.368		07/01/47		269,142
	150,000	PerkinElmer, Inc		5.000		11/15/21		161,703
	200,000	Providence St. Joseph Health Obligated Group		2.746		10/01/26		193,689
	100,000	Providence St. Joseph Health Obligated Group		3.744		10/01/47		98,998
	300,000	Quest Diagnostics, Inc		2.700		04/01/19		301,616
	200,000	Quest Diagnostics, Inc		2.500		03/30/20		199,979
	400,000	Quest Diagnostics, Inc		4.700		04/01/21		422,883
	125,000	Quest Diagnostics, Inc		3.500		03/30/25		126,411
	300,000	Quest Diagnostics, Inc		4.700		03/30/45		318,978
	200,000	RWJ Barnabas Health, Inc		3.949		07/01/46		203,697
	200,000	SSM Health Care Corp		3.823		06/01/27		207,345
	125,000	Stryker Corp		2.000		03/08/19		124,798
	90,000	Stryker Corp		4.375		01/15/20		93,550
	850,000	Stryker Corp		2.625		03/15/21		851,927
	200,000	Stryker Corp		3.375		05/15/24		205,351
	200,000	Stryker Corp		3.375		11/01/25		204,724
	600,000	Stryker Corp		3.500		03/15/26		618,953
	200,000	Stryker Corp		4.100		04/01/43		207,385
	200,000	Stryker Corp		4.375		05/15/44		215,942
	250,000	Stryker Corp		4.625		03/15/46		283,646
	100,000	Texas Health Resources		4.330		11/15/55		109,545
	1,100,000	Thermo Fisher Scientific, Inc		2.400		02/01/19		1,102,606
	650,000	Thermo Fisher Scientific, Inc		3.300		02/15/22		665,145
	250,000	Thermo Fisher Scientific, Inc		3.150		01/15/23		253,089
	1,300,000	Thermo Fisher Scientific, Inc		3.000		04/15/23		1,307,827
	600,000	Thermo Fisher Scientific, Inc		4.150		02/01/24		636,332
	150,000	Thermo Fisher Scientific, Inc		3.650		12/15/25		153,895
	775,000	Thermo Fisher Scientific, Inc		2.950		09/19/26		752,865
	150,000	Thermo Fisher Scientific, Inc		3.200		08/15/27		148,627
	200,000	Thermo Fisher Scientific, Inc		5.300		02/01/44		238,731
	200,000	Thermo Fisher Scientific, Inc		4.100		08/15/47		205,842
	300,000	Trinity Health Corp		4.125		12/01/45		317,794
	500,000	Zimmer Holdings, Inc		2.700		04/01/20		500,215

82

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	750,000		Zimmer Holdings, Inc		3.150	%	04/01/22	$	751,749
	1,925,000		Zimmer Holdings, Inc		3.550		04/01/25		1,923,273
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						62,631,565
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
	100,000		Clorox Co		3.800		11/15/21		104,087
	100,000		Clorox Co		3.050		09/15/22		102,117
	200,000		Clorox Co		3.500		12/15/24		206,216
	300,000		Clorox Co		3.100		10/01/27		297,883
	300,000		Colgate-Palmolive Co		1.750		03/15/19		299,077
	200,000		Colgate-Palmolive Co		2.300		05/03/22		198,658
	200,000		Colgate-Palmolive Co		2.250		11/15/22		198,233
	200,000		Colgate-Palmolive Co		1.950		02/01/23		194,969
	300,000		Colgate-Palmolive Co		3.250		03/15/24		309,101
	60,000		Colgate-Palmolive Co		6.450		06/16/28		77,151
	300,000		Colgate-Palmolive Co		4.000		08/15/45		320,989
	200,000		Colgate-Palmolive Co		3.700		08/01/47		204,369
	200,000		Ecolab, Inc		2.000		01/14/19		199,655
	375,000		Ecolab, Inc		2.250		01/12/20		374,787
	286,000		Ecolab, Inc		4.350		12/08/21		304,387
	300,000		Ecolab, Inc		2.375		08/10/22		296,605
	200,000		Ecolab, Inc		3.250		01/14/23		204,463
	625,000		Ecolab, Inc		2.700		11/01/26		598,965
	300,000	g	Ecolab, Inc		3.250		12/01/27		300,066
	14,000		Ecolab, Inc		5.500		12/08/41		17,513
	210,000	g	Ecolab, Inc		3.950		12/01/47		214,455
	200,000		Estee Lauder Cos, Inc		1.800		02/07/20		198,506
	200,000		Estee Lauder Cos, Inc		2.350		08/15/22		198,345
	200,000		Estee Lauder Cos, Inc		3.150		03/15/27		201,321
	100,000		Estee Lauder Cos, Inc		6.000		05/15/37		131,756
	300,000		Estee Lauder Cos, Inc		4.375		06/15/45		337,385
	200,000		Estee Lauder Cos, Inc		4.150		03/15/47		218,839
	300,000		Procter & Gamble Co		1.900		11/01/19		299,264
	500,000		Procter & Gamble Co		1.850		02/02/21		494,553
	800,000		Procter & Gamble Co		2.300		02/06/22		797,593
	300,000		Procter & Gamble Co		2.150		08/11/22		296,628
	600,000		Procter & Gamble Co		3.100		08/15/23		617,894
	750,000		Procter & Gamble Co		2.700		02/02/26		741,177
	1,750,000		Procter & Gamble Co		2.450		11/03/26		1,687,024
	750,000		Procter & Gamble Co		2.850		08/11/27		743,613
	22,000		Procter & Gamble Co		5.550		03/05/37		29,281
	200,000		Procter & Gamble Co		3.500		10/25/47		201,743
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						12,218,668
INSURANCE - 1.0%
	500,000		ACE INA Holdings, Inc		5.900		06/15/19		526,567
	500,000		ACE INA Holdings, Inc		2.300		11/03/20		499,167
	500,000		ACE INA Holdings, Inc		2.875		11/03/22		506,741
	250,000		ACE INA Holdings, Inc		2.700		03/13/23		248,321
	400,000		ACE INA Holdings, Inc		3.150		03/15/25		404,603
	1,675,000		ACE INA Holdings, Inc		3.350		05/03/26		1,708,989

83

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	150,000	ACE INA Holdings, Inc		4.150	%	03/13/43	$	162,734
	1,100,000	ACE INA Holdings, Inc		4.350		11/03/45		1,240,855
	300,000	Aetna, Inc		2.200		03/15/19		299,782
	1,000,000	Aetna, Inc		2.750		11/15/22		990,179
	750,000	Aetna, Inc		2.800		06/15/23		738,023
	240,000	Aetna, Inc		6.625		06/15/36		319,041
	350,000	Aetna, Inc		4.500		05/15/42		374,534
	500,000	Aetna, Inc		4.125		11/15/42		505,954
	375,000	Aetna, Inc		3.875		08/15/47		369,211
	500,000	Aflac, Inc		2.400		03/16/20		500,386
	600,000	Aflac, Inc		3.625		06/15/23		622,983
	200,000	Aflac, Inc		3.625		11/15/24		209,153
	200,000	Aflac, Inc		2.875		10/15/26		196,482
	200,000	Aflac, Inc		4.000		10/15/46		209,084
	300,000	Alleghany Corp		4.950		06/27/22		324,157
	200,000	Alleghany Corp		4.900		09/15/44		216,204
	300,000	Allied World Assurance Co Holdings Ltd		4.350		10/29/25		303,571
	1,250,000	Allstate Corp		3.150		06/15/23		1,267,563
	100,000	Allstate Corp		3.280		12/15/26		101,480
	600,000	Allstate Corp		4.500		06/15/43		677,697
	300,000	Allstate Corp		4.200		12/15/46		327,013
	200,000	Allstate Corp		5.750		08/15/53		218,200
	300,000	American Financial Group, Inc		3.500		08/15/26		297,238
	200,000	American Financial Group, Inc		4.500		06/15/47		207,777
	1,325,000	American International Group, Inc		2.300		07/16/19		1,323,879
	300,000	American International Group, Inc		3.300		03/01/21		305,800
	1,600,000	American International Group, Inc		4.875		06/01/22		1,739,598
	200,000	American International Group, Inc		3.750		07/10/25		206,157
	800,000	American International Group, Inc		3.900		04/01/26		829,397
	1,500,000	American International Group, Inc		3.875		01/15/35		1,504,641
	300,000	American International Group, Inc		4.700		07/10/35		331,574
	800,000	American International Group, Inc		6.250		05/01/36		1,031,921
	500,000	American International Group, Inc		4.500		07/16/44		538,081
	300,000	American International Group, Inc		4.800		07/10/45		336,168
	200,000	American International Group, Inc		4.375		01/15/55		203,499
	50,000	Aon plc		5.000		09/30/20		53,241
	200,000	Aon plc		2.800		03/15/21		200,663
	200,000	Aon plc		4.000		11/27/23		210,353
	300,000	Aon plc		3.500		06/14/24		306,464
	1,800,000	Aon plc		3.875		12/15/25		1,881,525
	200,000	Aon plc		6.250		09/30/40		263,216
	250,000	Aon plc		4.750		05/15/45		277,730
	200,000	Arch Capital Group Ltd		4.011		12/15/26		208,169
	200,000	Arch Capital Group Ltd		5.031		12/15/46		232,249
	300,000	Arch Capital Group US, Inc		5.144		11/01/43		349,631
	200,000	Aspen Insurance Holdings Ltd		4.650		11/15/23		212,658
	100,000	Assurant, Inc		4.000		03/15/23		102,302
	38,000	Assurant, Inc		6.750		02/15/34		47,030
	200,000	Assured Guaranty US Holdings, Inc		5.000		07/01/24		215,437
	770,000	AXA S.A.		8.600		12/15/30		1,107,837
	50,000	AXIS Specialty Finance plc		5.875		06/01/20		53,510
	200,000	AXIS Specialty Finance plc		4.000		12/06/27		200,843
	750,000	Berkshire Hathaway Finance Corp		1.700		03/15/19		747,517

84

TIAA-CREF FUNDS - Bond Index Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	425,000		Berkshire Hathaway Finance Corp			1.300	%	08/15/19	$	419,589
	200,000		Berkshire Hathaway Finance Corp			2.900		10/15/20		203,682
	400,000		Berkshire Hathaway Finance Corp			3.000		05/15/22		409,172
	300,000		Berkshire Hathaway Finance Corp			4.400		05/15/42		337,770
	1,350,000	g	Brighthouse Financial, Inc			3.700		06/22/27		1,327,297
	350,000	g	Brighthouse Financial, Inc			4.700		06/22/47		356,732
	350,000		Chubb Corp			6.000		05/11/37		466,468
	540,000		Cigna Corp			5.125		06/15/20		572,855
	400,000		Cigna Corp			4.500		03/15/21		420,388
	900,000		Cigna Corp			3.250		04/15/25		904,181
	300,000		Cigna Corp			3.050		10/15/27		294,580
	1,000,000		Cigna Corp			3.875		10/15/47		1,000,225
	200,000		Cincinnati Financial Corp			6.920		05/15/28		258,158
	500,000		CNA Financial Corp			5.750		08/15/21		547,414
	125,000		CNA Financial Corp			3.950		05/15/24		130,069
	200,000		CNA Financial Corp			4.500		03/01/26		212,812
	125,000		CNA Financial Corp			3.450		08/15/27		123,145
	200,000		Enstar Group Ltd			4.500		03/10/22		203,669
	300,000		Everest Reinsurance Holdings, Inc			4.868		06/01/44		318,951
	250,000		Fidelity National Financial, Inc			5.500		09/01/22		275,770
	200,000		Hanover Insurance Group, Inc			4.500		04/15/26		207,996
	175,000		Hartford Financial Services Group, Inc			5.500		03/30/20		186,506
	250,000		Hartford Financial Services Group, Inc			5.125		04/15/22		272,786
	400,000		Hartford Financial Services Group, Inc			4.300		04/15/43		428,283
	300,000		Humana, Inc			2.625		10/01/19		301,234
	150,000		Humana, Inc			2.500		12/15/20		149,874
	100,000		Humana, Inc			3.150		12/01/22		100,651
	400,000		Humana, Inc			2.900		12/15/22		399,281
	300,000		Humana, Inc			3.850		10/01/24		311,955
	100,000		Humana, Inc			3.950		03/15/27		103,510
	200,000		Humana, Inc			4.625		12/01/42		218,043
	300,000		Humana, Inc			4.950		10/01/44		345,233
	100,000		Humana, Inc			4.800		03/15/47		112,652
	200,000		ING US, Inc			5.700		07/15/43		244,751
	200,000		Kemper Corp			4.350		02/15/25		203,556
	400,000		Leucadia National Corp			5.500		10/18/23		430,485
	400,000		Lincoln National Corp			4.200		03/15/22		421,187
	525,000		Lincoln National Corp			4.000		09/01/23		547,970
	175,000		Lincoln National Corp			3.350		03/09/25		176,491
	600,000		Lincoln National Corp			3.625		12/12/26		612,106
	2,000		Lincoln National Corp			6.150		04/07/36		2,479
	150,000		Lincoln National Corp			7.000		06/15/40		206,618
	200,000		Loews Corp			2.625		05/15/23		197,701
	200,000		Loews Corp			3.750		04/01/26		208,206
	200,000		Loews Corp			4.125		05/15/43		206,193
	100,000		Manulife Financial Corp			4.900		09/17/20		105,843
	700,000		Manulife Financial Corp			4.150		03/04/26		743,223
	300,000	i	Manulife Financial Corp	USD ICE SWAP 11:00 NY 5 Y + 1.647%		4.061		02/24/32		302,179
	200,000		Manulife Financial Corp			5.375		03/04/46		249,703
	150,000		Markel Corp			4.900		07/01/22		161,910
	100,000		Markel Corp			3.500		11/01/27		99,462

85

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	150,000		Markel Corp		5.000	%	04/05/46	$	169,483
	100,000		Markel Corp		4.300		11/01/47		102,614
	500,000		Marsh & McLennan Cos, Inc		2.350		09/10/19		501,340
	1,500,000		Marsh & McLennan Cos, Inc		3.500		03/10/25		1,545,023
	100,000		Marsh & McLennan Cos, Inc		4.350		01/30/47		110,664
	200,000		Memorial Sloan-Kettering Cancer Center		4.125		07/01/52		210,480
	500,000		Memorial Sloan-Kettering Cancer Center		4.200		07/01/55		540,000
	200,000		Mercury General Corp		4.400		03/15/27		205,587
	1,050,000		MetLife, Inc		4.750		02/08/21		1,124,084
	700,000		MetLife, Inc		3.048		12/15/22		708,012
	325,000		MetLife, Inc		4.368		09/15/23		350,854
	500,000		MetLife, Inc		3.600		04/10/24		522,978
	700,000		MetLife, Inc		3.600		11/13/25		728,008
	550,000		MetLife, Inc		6.375		06/15/34		746,842
	405,000		MetLife, Inc		5.700		06/15/35		512,705
	130,000		MetLife, Inc		5.875		02/06/41		168,878
	200,000		MetLife, Inc		4.125		08/13/42		211,528
	600,000		MetLife, Inc		4.875		11/13/43		703,477
	500,000		MetLife, Inc		4.721		12/15/44		580,746
	800,000		MetLife, Inc		4.050		03/01/45		838,225
	450,000		MetLife, Inc		4.600		05/13/46		512,827
	200,000		Montpelier Re Holdings Ltd		4.700		10/15/22		210,481
	20,000		Nationwide Financial Services		6.750		05/15/37		22,400
	200,000		Old Republic International Corp		4.875		10/01/24		214,183
	100,000		Old Republic International Corp		3.875		08/26/26		100,636
	100,000		PartnerRe Ltd		5.500		06/01/20		106,335
	100,000		Primerica, Inc		4.750		07/15/22		106,929
	100,000		Principal Financial Group, Inc		3.300		09/15/22		101,701
	150,000		Principal Financial Group, Inc		3.125		05/15/23		150,785
	200,000		Principal Financial Group, Inc		3.400		05/15/25		202,808
	100,000		Principal Financial Group, Inc		3.100		11/15/26		98,736
	100,000		Principal Financial Group, Inc		4.625		09/15/42		111,289
	200,000		Principal Financial Group, Inc		4.350		05/15/43		213,719
	300,000		Principal Financial Group, Inc		4.300		11/15/46		320,581
	200,000		Principal Financial Group, Inc		4.700		05/15/55		204,800
	650,000		Progressive Corp		2.450		01/15/27		621,298
	120,000		Progressive Corp		6.250		12/01/32		155,065
	300,000		Progressive Corp		4.350		04/25/44		333,179
	300,000		Progressive Corp		3.700		01/26/45		302,176
	200,000		Progressive Corp		4.125		04/15/47		215,790
	100,000		Protective Life Corp		7.375		10/15/19		108,372
	1,020,000		Prudential Financial, Inc		7.375		06/15/19		1,095,218
	200,000		Prudential Financial, Inc		2.350		08/15/19		200,114
	891,000		Prudential Financial, Inc		4.500		11/16/21		954,844
	500,000		Prudential Financial, Inc		5.625		06/15/43		541,500
	600,000		Prudential Financial, Inc		5.200		03/15/44		639,000
	1,300,000		Prudential Financial, Inc		4.600		05/15/44		1,474,760
	200,000		Prudential Financial, Inc		5.375		05/15/45		214,300
	1,300,000		Prudential Financial, Inc		4.500		09/15/47		1,315,990
	799,000	g	Prudential Financial, Inc		3.935		12/07/49		815,838
	100,000		Reinsurance Group of America, Inc		5.000		06/01/21		106,920
	250,000		Reinsurance Group of America, Inc		4.700		09/15/23		268,135
	200,000		RenaissanceRe Finance, Inc		3.700		04/01/25		205,281

86

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	RenaissanceRe Finance, Inc		3.450	%	07/01/27	$	196,735
	250,000	Torchmark Corp		3.800		09/15/22		258,371
	20,000	Transatlantic Holdings, Inc		8.000		11/30/39		27,600
	130,000	Travelers Cos, Inc		5.900		06/02/19		136,506
	600,000	Travelers Cos, Inc		5.350		11/01/40		758,459
	200,000	Travelers Cos, Inc		4.600		08/01/43		230,708
	250,000	Travelers Cos, Inc		4.300		08/25/45		277,478
	400,000	Travelers Cos, Inc		3.750		05/15/46		407,763
	300,000	Travelers Cos, Inc		4.000		05/30/47		319,143
	100,000	Travelers Property Casualty Corp		6.375		03/15/33		131,716
	200,000	UnitedHealth Group, Inc		1.700		02/15/19		199,260
	900,000	UnitedHealth Group, Inc		1.625		03/15/19		895,054
	500,000	UnitedHealth Group, Inc		2.300		12/15/19		501,235
	500,000	UnitedHealth Group, Inc		2.700		07/15/20		505,747
	300,000	UnitedHealth Group, Inc		1.950		10/15/20		297,236
	700,000	UnitedHealth Group, Inc		4.700		02/15/21		744,284
	300,000	UnitedHealth Group, Inc		2.125		03/15/21		297,764
	500,000	UnitedHealth Group, Inc		2.875		12/15/21		506,308
	500,000	UnitedHealth Group, Inc		3.350		07/15/22		516,249
	300,000	UnitedHealth Group, Inc		2.375		10/15/22		297,058
	325,000	UnitedHealth Group, Inc		2.750		02/15/23		325,599
	200,000	UnitedHealth Group, Inc		2.875		03/15/23		202,268
	500,000	UnitedHealth Group, Inc		3.750		07/15/25		526,885
	1,175,000	UnitedHealth Group, Inc		3.100		03/15/26		1,183,370
	300,000	UnitedHealth Group, Inc		3.375		04/15/27		308,190
	900,000	UnitedHealth Group, Inc		2.950		10/15/27		897,096
	750,000	UnitedHealth Group, Inc		4.625		07/15/35		872,832
	365,000	UnitedHealth Group, Inc		6.625		11/15/37		518,123
	250,000	UnitedHealth Group, Inc		6.875		02/15/38		362,354
	150,000	UnitedHealth Group, Inc		4.625		11/15/41		171,005
	300,000	UnitedHealth Group, Inc		4.375		03/15/42		331,082
	350,000	UnitedHealth Group, Inc		3.950		10/15/42		363,483
	200,000	UnitedHealth Group, Inc		4.250		03/15/43		219,093
	1,250,000	UnitedHealth Group, Inc		4.750		07/15/45		1,475,164
	625,000	UnitedHealth Group, Inc		4.200		01/15/47		672,835
	300,000	UnitedHealth Group, Inc		4.250		04/15/47		329,861
	500,000	UnitedHealth Group, Inc		3.750		10/15/47		509,629
	110,000	Unum Group		5.625		09/15/20		118,412
	200,000	Unum Group		3.000		05/15/21		201,377
	200,000	Unum Group		4.000		03/15/24		208,225
	100,000	Unum Group		5.750		08/15/42		122,267
	200,000	Verisk Analytics, Inc		5.800		05/01/21		217,604
	500,000	Verisk Analytics, Inc		4.000		06/15/25		516,927
	300,000	Verisk Analytics, Inc		5.500		06/15/45		349,238
	200,000	Voya Financial, Inc		3.125		07/15/24		198,156
	200,000	Voya Financial, Inc		3.650		06/15/26		202,207
	200,000	Voya Financial, Inc		4.800		06/15/46		222,582
	200,000	WellPoint, Inc		1.875		01/15/18		199,986
	300,000	WellPoint, Inc		2.250		08/15/19		299,409
	150,000	WellPoint, Inc		3.700		08/15/21		154,605
	800,000	WellPoint, Inc		3.125		05/15/22		806,967
	200,000	WellPoint, Inc		3.300		01/15/23		202,905

87

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		WellPoint, Inc		3.500	%	08/15/24	$	305,798
	1,000,000		WellPoint, Inc		4.625		05/15/42		1,088,600
	700,000		WellPoint, Inc		4.650		01/15/43		766,917
	500,000		WellPoint, Inc		5.100		01/15/44		583,071
	300,000		WellPoint, Inc		4.650		08/15/44		329,181
	200,000		Willis Group Holdings plc		5.750		03/15/21		217,613
	275,000		Willis North America, Inc		3.600		05/15/24		279,507
	165,000		WR Berkley Corp		5.375		09/15/20		176,283
	250,000		WR Berkley Corp		4.625		03/15/22		266,025
	200,000		WR Berkley Corp		4.750		08/01/44		214,191
	350,000		XL Capital Ltd		6.375		11/15/24		407,634
	200,000		XLIT Ltd		4.450		03/31/25		204,514
	200,000		XLIT Ltd		5.250		12/15/43		229,444
			TOTAL INSURANCE						95,326,479
MATERIALS - 0.8%
	200,000		3M Co		1.625		09/19/21		195,106
	200,000		3M Co		2.000		06/26/22		196,446
	300,000		3M Co		2.250		03/15/23		297,458
	1,200,000		3M Co		3.000		08/07/25		1,214,465
	200,000		3M Co		2.250		09/19/26		189,912
	300,000		3M Co		2.875		10/15/27		298,298
	300,000		3M Co		3.875		06/15/44		319,438
	200,000		3M Co		3.125		09/19/46		187,596
	300,000		3M Co		3.625		10/15/47		307,571
	100,000		Agrium, Inc		6.750		01/15/19		104,511
	150,000		Agrium, Inc		3.150		10/01/22		151,674
	200,000		Agrium, Inc		3.500		06/01/23		205,149
	250,000		Agrium, Inc		3.375		03/15/25		251,100
	200,000		Agrium, Inc		4.125		03/15/35		206,479
	100,000		Agrium, Inc		6.125		01/15/41		127,115
	200,000		Agrium, Inc		4.900		06/01/43		222,968
	725,000		Agrium, Inc		5.250		01/15/45		842,802
	150,000		Air Products & Chemicals, Inc		3.000		11/03/21		152,725
	150,000		Air Products & Chemicals, Inc		2.750		02/03/23		150,356
	300,000		Air Products & Chemicals, Inc		3.350		07/31/24		308,845
	200,000		Airgas, Inc		3.650		07/15/24		207,573
	200,000		Albemarle Corp		4.150		12/01/24		211,874
	1,250,000		Barrick Gold Corp		5.250		04/01/42		1,441,125
	361,000		Barrick North America Finance LLC		4.400		05/30/21		382,085
	300,000		Barrick North America Finance LLC		5.750		05/01/43		376,425
	100,000		Bemis Co, Inc		6.800		08/01/19		106,673
	100,000		Bemis Co, Inc		3.100		09/15/26		96,548
	2,000,000		BHP Billiton Finance USA Ltd		2.875		02/24/22		2,022,849
	500,000		BHP Billiton Finance USA Ltd		4.125		02/24/42		537,921
	1,000,000		BHP Billiton Finance USA Ltd		5.000		09/30/43		1,224,984
	600,000		Braskem Finance Ltd		6.450		02/03/24		672,006
	200,000		Cabot Corp		3.700		07/15/22		203,346
	400,000		Celulosa Arauco y Constitucion S.A.		4.500		08/01/24		421,655
	375,000	g	Celulosa Arauco y Constitucion S.A.		3.875		11/02/27		372,431
	200,000	g	Celulosa Arauco y Constitucion S.A.		5.500		11/02/47		208,000
	100,000		Church & Dwight Co, Inc		2.450		08/01/22		98,762
	250,000		Church & Dwight Co, Inc		2.875		10/01/22		250,261

88

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	100,000	Church & Dwight Co, Inc		3.150	%	08/01/27	$	98,493
	100,000	Church & Dwight Co, Inc		3.950		08/01/47		100,264
	200,000	Domtar Corp		4.400		04/01/22		210,382
	591,000	Dow Chemical Co		8.550		05/15/19		640,105
	929,000	Dow Chemical Co		4.250		11/15/20		970,157
	1,500,000	Dow Chemical Co		4.125		11/15/21		1,572,636
	550,000	Dow Chemical Co		3.000		11/15/22		552,843
	1,400,000	Dow Chemical Co		3.500		10/01/24		1,440,076
	400,000	Dow Chemical Co		4.250		10/01/34		420,142
	350,000	Dow Chemical Co		5.250		11/15/41		407,265
	875,000	Dow Chemical Co		4.375		11/15/42		919,865
	400,000	Dow Chemical Co		4.625		10/01/44		436,898
	400,000	Eastman Chemical Co		2.700		01/15/20		402,559
	122,000	Eastman Chemical Co		3.600		08/15/22		125,772
	727,000	Eastman Chemical Co		3.800		03/15/25		757,792
	150,000	Eastman Chemical Co		4.800		09/01/42		164,794
	300,000	Eastman Chemical Co		4.650		10/15/44		326,964
	420,000	EI du Pont de Nemours & Co		4.625		01/15/20		440,324
	300,000	EI du Pont de Nemours & Co		2.200		05/01/20		299,717
	3,000,000	EI du Pont de Nemours & Co		2.800		02/15/23		2,992,927
	225,000	EI du Pont de Nemours & Co		4.150		02/15/43		231,469
	500,000	Fibria Overseas Finance Ltd		4.000		01/14/25		495,000
	500,000	Fibria Overseas Finance Ltd		5.500		01/17/27		536,250
	100,000	FMC Corp		3.950		02/01/22		101,245
	200,000	FMC Corp		4.100		02/01/24		206,439
	300,000	Georgia-Pacific LLC		8.000		01/15/24		381,924
	250,000	Georgia-Pacific LLC		7.750		11/15/29		351,297
	250,000	Goldcorp, Inc		3.700		03/15/23		256,061
	300,000	Goldcorp, Inc		5.450		06/09/44		348,931
	100,000	Hexcel Corp		3.950		02/15/27		101,918
	100,000	Hubbell, Inc		3.625		11/15/22		103,658
	200,000	Hubbell, Inc		3.350		03/01/26		202,992
	500,000	Hubbell, Inc		3.150		08/15/27		496,631
	300,000	International Flavors & Fragrances, Inc		3.200		05/01/23		301,407
	200,000	International Flavors & Fragrances, Inc		4.375		06/01/47		212,561
	1,000,000	International Paper Co		3.650		06/15/24		1,032,877
	1,700,000	International Paper Co		3.000		02/15/27		1,647,754
	450,000	International Paper Co		6.000		11/15/41		562,824
	300,000	International Paper Co		4.800		06/15/44		328,118
	250,000	International Paper Co		5.150		05/15/46		289,253
	300,000	International Paper Co		4.400		08/15/47		313,198
	500,000	International Paper Co		4.350		08/15/48		521,525
	200,000	Kimberly-Clark Corp		1.400		02/15/19		198,557
	125,000	Kimberly-Clark Corp		2.400		03/01/22		124,508
	950,000	Kimberly-Clark Corp		3.050		08/15/25		959,452
	200,000	Kimberly-Clark Corp		6.625		08/01/37		284,496
	300,000	Kimberly-Clark Corp		3.200		07/30/46		280,885
	200,000	Kimberly-Clark Corp		3.900		05/04/47		211,567
	150,000	Lubrizol Corp		6.500		10/01/34		202,080
	300,000	LYB International Finance BV		4.000		07/15/23		313,988
	300,000	LYB International Finance BV		5.250		07/15/43		348,619
	300,000	LYB International Finance BV		4.875		03/15/44		332,697

89

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,000,000	LYB International Finance II BV		3.500	%	03/02/27	$	1,004,782
	243,000	LyondellBasell Industries NV		5.000		04/15/19		249,478
	300,000	LyondellBasell Industries NV		6.000		11/15/21		333,207
	1,300,000	LyondellBasell Industries NV		5.750		04/15/24		1,481,314
	125,000	LyondellBasell Industries NV		4.625		02/26/55		131,280
	200,000	Martin Marietta Materials, Inc		4.250		07/02/24		210,331
	200,000	Martin Marietta Materials, Inc		3.450		06/01/27		197,088
	125,000	Martin Marietta Materials, Inc		3.500		12/15/27		124,029
	300,000	Martin Marietta Materials, Inc		4.250		12/15/47		296,564
	150,000	Methanex Corp		3.250		12/15/19		150,651
	150,000	Methanex Corp		4.250		12/01/24		151,607
	100,000	Methanex Corp		5.650		12/01/44		103,833
	400,000	Monsanto Co		2.125		07/15/19		398,552
	100,000	Monsanto Co		2.200		07/15/22		96,814
	150,000	Monsanto Co		5.500		08/15/25		171,596
	100,000	Monsanto Co		3.600		07/15/42		91,541
	200,000	Monsanto Co		4.650		11/15/43		216,645
	500,000	Monsanto Co		4.400		07/15/44		532,306
	350,000	Monsanto Co		3.950		04/15/45		342,160
	500,000	Monsanto Co		4.700		07/15/64		521,230
	100,000	NewMarket Corp		4.100		12/15/22		104,566
	200,000	Newmont Mining Corp		5.125		10/01/19		208,387
	300,000	Newmont Mining Corp		3.500		03/15/22		306,228
	298,000	Newmont Mining Corp		5.875		04/01/35		360,873
	135,000	Newmont Mining Corp		6.250		10/01/39		172,504
	800,000	Newmont Mining Corp		4.875		03/15/42		887,046
	800,000	Nucor Corp		4.125		09/15/22		848,773
	300,000	Nucor Corp		5.200		08/01/43		363,156
	200,000	Owens Corning		4.200		12/15/22		209,683
	500,000	Owens Corning		4.200		12/01/24		523,720
	300,000	Owens Corning		3.400		08/15/26		294,381
	250,000	Owens Corning		4.300		07/15/47		245,935
	300,000	Packaging Corp of America		2.450		12/15/20		300,400
	150,000	Packaging Corp of America		3.900		06/15/22		156,220
	250,000	Packaging Corp of America		4.500		11/01/23		268,904
	100,000	Packaging Corp of America		3.650		09/15/24		102,515
	150,000	Packaging Corp of America		3.400		12/15/27		150,328
	650,000	Potash Corp of Saskatchewan, Inc		4.875		03/30/20		680,510
	400,000	Potash Corp of Saskatchewan, Inc		3.625		03/15/24		409,907
	200,000	Potash Corp of Saskatchewan, Inc		3.000		04/01/25		195,972
	200,000	Potash Corp of Saskatchewan, Inc		4.000		12/15/26		208,017
	200,000	Potash Corp of Saskatchewan, Inc		5.625		12/01/40		241,025
	300,000	PPG Industries, Inc		2.300		11/15/19		299,996
	300,000	PPG Industries, Inc		3.600		11/15/20		307,654
	1,200,000	Praxair, Inc		2.250		09/24/20		1,197,495
	250,000	Praxair, Inc		2.200		08/15/22		246,205
	300,000	Praxair, Inc		2.650		02/05/25		296,748
	100,000	Praxair, Inc		3.200		01/30/26		102,695
	625,000	Praxair, Inc		3.550		11/07/42		635,141
	4,750,000	Rio Tinto Finance USA Ltd		3.750		06/15/25		4,977,963
	900,000	Rio Tinto Finance USA plc		4.125		08/21/42		962,269
	500,000	Rock Tenn Co		4.900		03/01/22		539,129
	500,000	Rock Tenn Co		4.000		03/01/23		518,058

90

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	300,000		RPM International, Inc		3.450	%	11/15/22	$	307,391
	100,000		RPM International, Inc		3.750		03/15/27		101,160
	100,000		RPM International, Inc		5.250		06/01/45		115,095
	200,000		RPM International, Inc		4.250		01/15/48		198,648
	500,000		Sherwin-Williams Co		2.250		05/15/20		498,295
	150,000		Sherwin-Williams Co		4.200		01/15/22		157,093
	350,000		Sherwin-Williams Co		2.750		06/01/22		348,597
	1,500,000		Sherwin-Williams Co		3.125		06/01/24		1,507,945
	200,000		Sherwin-Williams Co		3.450		08/01/25		203,125
	200,000		Sherwin-Williams Co		3.950		01/15/26		208,515
	275,000		Sherwin-Williams Co		3.450		06/01/27		279,318
	200,000		Sherwin-Williams Co		4.000		12/15/42		200,367
	750,000		Sherwin-Williams Co		4.500		06/01/47		819,247
	150,000		Sonoco Products Co		5.750		11/01/40		180,118
	200,000		Southern Copper Corp		5.375		04/16/20		212,815
	300,000		Southern Copper Corp		3.875		04/23/25		311,036
	100,000		Southern Copper Corp		7.500		07/27/35		135,821
	680,000		Southern Copper Corp		6.750		04/16/40		883,374
	1,500,000		Southern Copper Corp		5.875		04/23/45		1,810,267
	850,000		Vale S.A.		5.625		09/11/42		930,750
	750,000		Vulcan Materials Co		4.500		04/01/25		799,027
	100,000		Vulcan Materials Co		3.900		04/01/27		102,133
	100,000		Vulcan Materials Co		4.500		06/15/47		102,009
	500,000		Westlake Chemical Corp		3.600		08/15/26		502,755
	500,000		Westlake Chemical Corp		5.000		08/15/46		561,170
	200,000		Westlake Chemical Corp		4.375		11/15/47		207,512
	250,000	g	WestRock Co		3.000		09/15/24		247,725
	100,000	g	WestRock Co		3.375		09/15/27		99,268
	200,000		Yamana Gold, Inc		4.950		07/15/24		209,227
	200,000	g	Yamana Gold, Inc		4.625		12/15/27		200,985
			TOTAL MATERIALS						76,892,887
MEDIA - 1.0%
	1,250,000		21st Century Fox America, Inc		3.000		09/15/22		1,268,102
	200,000		21st Century Fox America, Inc		4.000		10/01/23		209,103
	200,000		21st Century Fox America, Inc		3.700		09/15/24		207,970
	700,000		21st Century Fox America, Inc		3.700		10/15/25		730,320
	1,600,000		21st Century Fox America, Inc		3.375		11/15/26		1,633,660
	1,325,000		21st Century Fox America, Inc		6.200		12/15/34		1,709,959
	1,000,000		21st Century Fox America, Inc		6.150		02/15/41		1,326,523
	225,000		21st Century Fox America, Inc		5.400		10/01/43		278,057
	500,000		21st Century Fox America, Inc		4.750		09/15/44		571,455
	300,000		21st Century Fox America, Inc		4.950		10/15/45		352,771
	200,000		21st Century Fox America, Inc		4.750		11/15/46		231,302
	200,000		CBS Corp		2.300		08/15/19		199,840
	445,000		CBS Corp		4.300		02/15/21		464,920
	500,000		CBS Corp		3.375		03/01/22		507,554
	200,000		CBS Corp		2.500		02/15/23		194,992
	500,000	g	CBS Corp		2.900		06/01/23		491,506
	200,000		CBS Corp		3.700		08/15/24		205,754
	300,000		CBS Corp		3.500		01/15/25		301,043
	125,000		CBS Corp		4.000		01/15/26		127,717

91

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	650,000		CBS Corp		2.900	%	01/15/27	$	606,955
	200,000		CBS Corp		3.375		02/15/28		192,544
	300,000	g	CBS Corp		3.700		06/01/28		295,760
	200,000		CBS Corp		4.850		07/01/42		209,582
	200,000		CBS Corp		4.900		08/15/44		210,017
	500,000		CBS Corp		4.600		01/15/45		509,372
	675,000		Charter Communications Operating LLC		3.579		07/23/20		687,539
	610,000		Charter Communications Operating LLC		4.464		07/23/22		636,366
	2,850,000		Charter Communications Operating LLC		4.908		07/23/25		3,029,393
	700,000		Charter Communications Operating LLC		3.750		02/15/28		670,028
	1,500,000		Charter Communications Operating LLC		4.200		03/15/28		1,484,761
	500,000		Charter Communications Operating LLC		6.384		10/23/35		585,994
	1,000,000		Charter Communications Operating LLC		6.484		10/23/45		1,165,037
	1,000,000		Charter Communications Operating LLC		5.375		05/01/47		1,024,508
	500,000		Charter Communications Operating LLC		6.834		10/23/55		600,914
	1,000,000		Comcast Corp		5.150		03/01/20		1,059,764
	500,000		Comcast Corp		1.625		01/15/22		483,460
	1,350,000		Comcast Corp		3.125		07/15/22		1,383,015
	800,000		Comcast Corp		2.850		01/15/23		806,289
	600,000		Comcast Corp		2.750		03/01/23		602,768
	500,000		Comcast Corp		3.000		02/01/24		503,205
	600,000		Comcast Corp		3.375		02/15/25		615,905
	1,600,000		Comcast Corp		3.150		03/01/26		1,611,467
	750,000		Comcast Corp		2.350		01/15/27		708,088
	500,000		Comcast Corp		3.300		02/01/27		509,958
	750,000		Comcast Corp		3.150		02/15/28		752,164
	1,625,000		Comcast Corp		4.250		01/15/33		1,770,085
	345,000		Comcast Corp		5.650		06/15/35		429,886
	350,000		Comcast Corp		4.400		08/15/35		382,393
	3,250,000		Comcast Corp		3.200		07/15/36		3,088,117
	350,000		Comcast Corp		4.650		07/15/42		393,641
	300,000		Comcast Corp		4.500		01/15/43		331,204
	500,000		Comcast Corp		4.750		03/01/44		572,884
	900,000		Comcast Corp		4.600		08/15/45		1,008,592
	1,000,000		Comcast Corp		3.400		07/15/46		945,217
	500,000		Comcast Corp		4.000		08/15/47		521,250
	506,000		Comcast Corp		3.969		11/01/47		522,226
	1,207,000		Comcast Corp		3.999		11/01/49		1,234,759
	100,000		Discovery Communications LLC		2.200		09/20/19		99,527
	500,000		Discovery Communications LLC		3.300		05/15/22		503,598
	200,000		Discovery Communications LLC		2.950		03/20/23		197,906
	900,000		Discovery Communications LLC		3.250		04/01/23		897,412
	300,000		Discovery Communications LLC		3.800		03/13/24		304,272
	350,000		Discovery Communications LLC		3.450		03/15/25		344,032
	500,000		Discovery Communications LLC		4.900		03/11/26		533,273
	1,950,000		Discovery Communications LLC		3.950		03/20/28		1,938,984
	100,000		Discovery Communications LLC		6.350		06/01/40		117,556
	100,000		Discovery Communications LLC		4.950		05/15/42		99,093
	125,000		Discovery Communications LLC		4.875		04/01/43		124,035
	750,000		Discovery Communications LLC		5.200		09/20/47		782,126
	550,000		Grupo Televisa SAB		6.625		03/18/25		650,301
	200,000		Grupo Televisa SAB		4.625		01/30/26		211,135
	600,000		Grupo Televisa SAB		5.000		05/13/45		612,908

92

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Grupo Televisa SAB		6.125	%	01/31/46	$	236,596
	100,000	Interpublic Group of Cos, Inc		4.000		03/15/22		103,346
	200,000	Interpublic Group of Cos, Inc		4.200		04/15/24		209,729
	1,585,000	NBC Universal Media LLC		5.150		04/30/20		1,688,584
	820,000	NBC Universal Media LLC		4.375		04/01/21		869,021
	150,000	NBC Universal Media LLC		5.950		04/01/41		195,370
	1,200,000	NBC Universal Media LLC		4.450		01/15/43		1,308,332
	500,000	Omnicom Group, Inc		4.450		08/15/20		524,488
	700,000	Omnicom Group, Inc		3.625		05/01/22		722,563
	200,000	Omnicom Group, Inc		3.650		11/01/24		205,191
	825,000	Omnicom Group, Inc		3.600		04/15/26		834,422
	300,000	Scripps Networks Interactive, Inc		2.750		11/15/19		300,217
	200,000	Scripps Networks Interactive, Inc		2.800		06/15/20		199,958
	200,000	Scripps Networks Interactive, Inc		3.500		06/15/22		201,991
	200,000	Scripps Networks Interactive, Inc		3.900		11/15/24		203,428
	200,000	Scripps Networks Interactive, Inc		3.950		06/15/25		202,735
	910,000	Time Warner Cable, Inc		8.750		02/14/19		970,200
	1,400,000	Time Warner Cable, Inc		8.250		04/01/19		1,496,187
	1,800,000	Time Warner Cable, Inc		4.000		09/01/21		1,853,710
	500,000	Time Warner Cable, Inc		6.550		05/01/37		587,658
	175,000	Time Warner Cable, Inc		6.750		06/15/39		209,836
	690,000	Time Warner Cable, Inc		5.875		11/15/40		748,111
	300,000	Time Warner Cable, Inc		5.500		09/01/41		312,456
	2,700,000	Time Warner Cable, Inc		4.500		09/15/42		2,531,144
	1,550,000	Time Warner, Inc		2.100		06/01/19		1,546,863
	450,000	Time Warner, Inc		4.750		03/29/21		478,936
	1,400,000	Time Warner, Inc		3.400		06/15/22		1,427,242
	650,000	Time Warner, Inc		4.050		12/15/23		679,797
	500,000	Time Warner, Inc		3.550		06/01/24		505,391
	500,000	Time Warner, Inc		3.875		01/15/26		504,645
	500,000	Time Warner, Inc		2.950		07/15/26		472,777
	1,350,000	Time Warner, Inc		3.800		02/15/27		1,348,345
	900,000	Time Warner, Inc		4.900		06/15/42		936,763
	200,000	Time Warner, Inc		5.350		12/15/43		220,396
	300,000	Time Warner, Inc		4.650		06/01/44		304,817
	1,200,000	Time Warner, Inc		4.850		07/15/45		1,259,209
	400,000	Viacom, Inc		3.875		12/15/21		407,956
	250,000	Viacom, Inc		4.250		09/01/23		255,209
	248,000	Viacom, Inc		3.875		04/01/24		247,385
	2,004,000	Viacom, Inc		4.375		03/15/43		1,733,448
	500,000	Walt Disney Co		1.850		05/30/19		499,038
	1,400,000	Walt Disney Co		1.950		03/04/20		1,395,370
	250,000	Walt Disney Co		1.800		06/05/20		247,914
	200,000	Walt Disney Co		2.150		09/17/20		199,779
	300,000	Walt Disney Co		2.300		02/12/21		299,568
	850,000	Walt Disney Co		2.550		02/15/22		854,371
	100,000	Walt Disney Co		2.450		03/04/22		99,879
	700,000	Walt Disney Co		3.150		09/17/25		713,075
	300,000	Walt Disney Co		3.000		02/13/26		300,996
	300,000	Walt Disney Co		1.850		07/30/26		275,661
	1,350,000	Walt Disney Co		2.950		06/15/27		1,342,975
	100,000	Walt Disney Co		4.375		08/16/41		110,577

93

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	200,000	Walt Disney Co		3.700	%	12/01/42	$	201,778
	800,000	Walt Disney Co		4.125		06/01/44		863,192
	100,000	Walt Disney Co		3.000		07/30/46		88,822
	261,000	WPP Finance 2010		4.750		11/21/21		279,606
	300,000	WPP Finance 2010		3.625		09/07/22		309,055
	200,000	WPP Finance 2010		3.750		09/19/24		204,354
	200,000	WPP Finance 2010		5.625		11/15/43		229,208
		TOTAL MEDIA						88,133,483
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.5%
	350,000	Abbott Laboratories		5.125		04/01/19		362,230
	1,250,000	Abbott Laboratories		2.350		11/22/19		1,250,130
	1,600,000	Abbott Laboratories		2.800		09/15/20		1,610,651
	1,500,000	Abbott Laboratories		2.900		11/30/21		1,517,198
	200,000	Abbott Laboratories		3.250		04/15/23		202,769
	300,000	Abbott Laboratories		3.875		09/15/25		310,223
	1,500,000	Abbott Laboratories		3.750		11/30/26		1,539,882
	1,800,000	Abbott Laboratories		4.750		11/30/36		2,021,063
	500,000	Abbott Laboratories		5.300		05/27/40		577,878
	200,000	Abbott Laboratories		4.750		04/15/43		221,875
	1,500,000	Abbott Laboratories		4.900		11/30/46		1,718,199
	850,000	AbbVie, Inc		2.500		05/14/20		852,568
	350,000	AbbVie, Inc		2.300		05/14/21		347,408
	2,000,000	AbbVie, Inc		3.200		11/06/22		2,030,630
	500,000	AbbVie, Inc		2.850		05/14/23		498,829
	1,000,000	AbbVie, Inc		3.600		05/14/25		1,027,839
	2,725,000	AbbVie, Inc		3.200		05/14/26		2,716,217
	1,500,000	AbbVie, Inc		4.500		05/14/35		1,646,410
	500,000	AbbVie, Inc		4.300		05/14/36		535,388
	1,375,000	AbbVie, Inc		4.400		11/06/42		1,472,938
	600,000	AbbVie, Inc		4.700		05/14/45		668,572
	500,000	AbbVie, Inc		4.450		05/14/46		543,004
	1,825,000	Actavis Funding SCS		3.000		03/12/20		1,841,317
	3,500,000	Actavis Funding SCS		3.450		03/15/22		3,555,782
	2,450,000	Actavis Funding SCS		3.800		03/15/25		2,493,657
	1,225,000	Actavis Funding SCS		4.550		03/15/35		1,295,403
	1,510,000	Actavis Funding SCS		4.750		03/15/45		1,606,100
	300,000	Amgen, Inc		1.900		05/10/19		299,007
	1,100,000	Amgen, Inc		2.200		05/22/19		1,100,133
	75,000	Amgen, Inc		4.500		03/15/20		78,329
	400,000	Amgen, Inc		2.125		05/01/20		397,848
	300,000	Amgen, Inc		2.200		05/11/20		298,323
	250,000	Amgen, Inc		3.450		10/01/20		256,892
	700,000	Amgen, Inc		4.100		06/15/21		731,108
	175,000	Amgen, Inc		1.850		08/19/21		170,578
	400,000	Amgen, Inc		2.700		05/01/22		399,525
	1,000,000	Amgen, Inc		2.650		05/11/22		997,185
	1,000,000	Amgen, Inc		3.625		05/15/22		1,035,179
	2,300,000	Amgen, Inc		2.250		08/19/23		2,230,347
	500,000	Amgen, Inc		3.625		05/22/24		519,390
	400,000	Amgen, Inc		3.125		05/01/25		401,545
	800,000	Amgen, Inc		2.600		08/19/26		765,809

94

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Amgen, Inc		3.200	%	11/02/27	$	499,227
	1,500,000	Amgen, Inc		4.400		05/01/45		1,630,590
	1,928,000	Amgen, Inc		4.563		06/15/48		2,147,709
	447,000	Amgen, Inc		4.663		06/15/51		499,481
	1,100,000	AstraZeneca plc		2.375		11/16/20		1,098,252
	500,000	AstraZeneca plc		2.375		06/12/22		494,007
	1,000,000	AstraZeneca plc		3.375		11/16/25		1,016,411
	800,000	AstraZeneca plc		3.125		06/12/27		790,300
	900,000	AstraZeneca plc		6.450		09/15/37		1,222,028
	450,000	AstraZeneca plc		4.000		09/18/42		455,329
	350,000	AstraZeneca plc		4.375		11/16/45		380,394
	500,000	Baxalta, Inc		4.000		06/23/25		516,670
	500,000	Baxalta, Inc		5.250		06/23/45		582,219
	1,000,000	Biogen, Inc		2.900		09/15/20		1,013,550
	300,000	Biogen, Inc		3.625		09/15/22		310,864
	500,000	Biogen, Inc		4.050		09/15/25		528,974
	700,000	Biogen, Inc		5.200		09/15/45		830,233
	783,000	Bristol-Myers Squibb Co		1.750		03/01/19		780,310
	200,000	Bristol-Myers Squibb Co		3.250		11/01/23		207,292
	500,000	Bristol-Myers Squibb Co		3.250		02/27/27		513,652
	650,000	Bristol-Myers Squibb Co		3.250		08/01/42		620,842
	200,000	Bristol-Myers Squibb Co		4.500		03/01/44		230,517
	676,000	Celgene Corp		2.250		05/15/19		675,023
	425,000	Celgene Corp		2.875		08/15/20		428,932
	200,000	Celgene Corp		3.950		10/15/20		207,088
	300,000	Celgene Corp		3.250		08/15/22		304,709
	1,750,000	Celgene Corp		3.550		08/15/22		1,802,317
	300,000	Celgene Corp		2.750		02/15/23		297,481
	800,000	Celgene Corp		3.625		05/15/24		822,589
	225,000	Celgene Corp		3.450		11/15/27		224,764
	300,000	Celgene Corp		5.250		08/15/43		346,078
	300,000	Celgene Corp		4.625		05/15/44		319,803
	2,000,000	Celgene Corp		5.000		08/15/45		2,267,216
	500,000	Celgene Corp		4.350		11/15/47		518,881
	200,000	Eli Lilly & Co		1.950		03/15/19		199,821
	175,000	Eli Lilly & Co		2.350		05/15/22		174,492
	800,000	Eli Lilly & Co		2.750		06/01/25		802,029
	800,000	Eli Lilly & Co		3.100		05/15/27		811,796
	400,000	Eli Lilly & Co		3.700		03/01/45		413,126
	250,000	Eli Lilly & Co		3.950		05/15/47		268,155
	200,000	Gilead Sciences, Inc		2.050		04/01/19		199,980
	750,000	Gilead Sciences, Inc		1.850		09/20/19		746,803
	125,000	Gilead Sciences, Inc		2.350		02/01/20		125,578
	1,200,000	Gilead Sciences, Inc		2.550		09/01/20		1,210,579
	600,000	Gilead Sciences, Inc		4.500		04/01/21		639,316
	650,000	Gilead Sciences, Inc		4.400		12/01/21		693,182
	125,000	Gilead Sciences, Inc		1.950		03/01/22		121,956
	500,000	Gilead Sciences, Inc		3.250		09/01/22		514,545
	500,000	Gilead Sciences, Inc		2.500		09/01/23		493,532
	425,000	Gilead Sciences, Inc		3.700		04/01/24		444,543
	400,000	Gilead Sciences, Inc		3.500		02/01/25		413,592
	1,750,000	Gilead Sciences, Inc		3.650		03/01/26		1,814,992

95

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	400,000	Gilead Sciences, Inc		2.950	%	03/01/27	$	393,302
	300,000	Gilead Sciences, Inc		4.600		09/01/35		337,803
	1,150,000	Gilead Sciences, Inc		4.000		09/01/36		1,215,737
	100,000	Gilead Sciences, Inc		5.650		12/01/41		126,702
	775,000	Gilead Sciences, Inc		4.800		04/01/44		898,473
	675,000	Gilead Sciences, Inc		4.500		02/01/45		749,542
	750,000	Gilead Sciences, Inc		4.750		03/01/46		866,772
	1,000,000	Gilead Sciences, Inc		4.150		03/01/47		1,062,666
	793,000	GlaxoSmithKline Capital plc		2.850		05/08/22		804,809
	725,000	GlaxoSmithKline Capital, Inc		2.800		03/18/23		731,207
	350,000	GlaxoSmithKline Capital, Inc		5.375		04/15/34		429,865
	743,000	GlaxoSmithKline Capital, Inc		6.375		05/15/38		1,047,419
	850,000	GlaxoSmithKline Capital, Inc		4.200		03/18/43		938,817
	350,000	Johnson & Johnson		1.125		03/01/19		346,460
	300,000	Johnson & Johnson		1.875		12/05/19		298,868
	200,000	Johnson & Johnson		1.950		11/10/20		199,038
	250,000	Johnson & Johnson		1.650		03/01/21		244,585
	200,000	Johnson & Johnson		2.450		12/05/21		201,196
	400,000	Johnson & Johnson		2.250		03/03/22		399,452
	300,000	Johnson & Johnson		2.050		03/01/23		294,234
	700,000	Johnson & Johnson		3.375		12/05/23		731,632
	200,000	Johnson & Johnson		2.625		01/15/25		198,936
	500,000	Johnson & Johnson		2.450		03/01/26		487,456
	1,075,000	Johnson & Johnson		2.950		03/03/27		1,088,983
	500,000	Johnson & Johnson		2.900		01/15/28		500,587
	850,000	Johnson & Johnson		4.375		12/05/33		968,478
	100,000	Johnson & Johnson		3.550		03/01/36		103,598
	225,000	Johnson & Johnson		3.625		03/03/37		237,527
	500,000	Johnson & Johnson		3.400		01/15/38		511,725
	375,000	Johnson & Johnson		5.850		07/15/38		507,692
	300,000	Johnson & Johnson		4.500		12/05/43		350,089
	1,200,000	Johnson & Johnson		3.700		03/01/46		1,263,555
	900,000	Johnson & Johnson		3.750		03/03/47		960,075
	500,000	Johnson & Johnson		3.500		01/15/48		510,966
	600,000	Life Technologies Corp		5.000		01/15/21		634,739
	375,000	Merck & Co, Inc		1.850		02/10/20		372,890
	1,500,000	Merck & Co, Inc		3.875		01/15/21		1,566,213
	750,000	Merck & Co, Inc		2.350		02/10/22		748,904
	200,000	Merck & Co, Inc		2.400		09/15/22		199,255
	1,100,000	Merck & Co, Inc		2.800		05/18/23		1,108,989
	1,000,000	Merck & Co, Inc		2.750		02/10/25		995,717
	100,000	Merck & Co, Inc		3.600		09/15/42		101,997
	750,000	Merck & Co, Inc		4.150		05/18/43		833,404
	1,350,000	Merck & Co, Inc		3.700		02/10/45		1,407,981
	350,000	Mylan NV		2.500		06/07/19		349,607
	100,000	Mylan NV		3.750		12/15/20		102,178
	1,000,000	Mylan NV		3.150		06/15/21		1,005,485
	750,000	Mylan NV		3.950		06/15/26		756,082
	750,000	Mylan NV		5.250		06/15/46		821,088
	100,000	Mylan, Inc		2.550		03/28/19		99,994
	200,000	Mylan, Inc		4.200		11/29/23		207,266
	200,000	Mylan, Inc		5.400		11/29/43		217,830
	1,200,000	Novartis Capital Corp		1.800		02/14/20		1,191,137

96

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	500,000	Novartis Capital Corp		2.400	%	05/17/22	$	498,668
	300,000	Novartis Capital Corp		2.400		09/21/22		298,285
	1,750,000	Novartis Capital Corp		3.400		05/06/24		1,819,558
	500,000	Novartis Capital Corp		3.000		11/20/25		505,366
	375,000	Novartis Capital Corp		3.100		05/17/27		382,225
	400,000	Novartis Capital Corp		3.700		09/21/42		411,962
	750,000	Novartis Capital Corp		4.400		05/06/44		859,102
	500,000	Novartis Capital Corp		4.000		11/20/45		542,629
	1,500,000	Novartis Securities Investment Ltd		5.125		02/10/19		1,549,353
	100,000	Perrigo Co plc		4.000		11/15/23		102,207
	100,000	Perrigo Co plc		5.300		11/15/43		106,850
	200,000	Perrigo Finance plc		3.900		12/15/24		203,306
	221,000	Perrigo Finance plc		4.900		12/15/44		228,388
	200,000	Perrigo Finance Unlimited Co		4.375		03/15/26		205,153
	500,000	Pfizer, Inc		1.450		06/03/19		496,010
	1,200,000	Pfizer, Inc		1.700		12/15/19		1,192,308
	500,000	Pfizer, Inc		1.950		06/03/21		493,768
	200,000	Pfizer, Inc		2.200		12/15/21		198,964
	800,000	Pfizer, Inc		3.000		06/15/23		817,361
	900,000	Pfizer, Inc		3.400		05/15/24		934,370
	1,375,000	Pfizer, Inc		3.000		12/15/26		1,382,889
	250,000	Pfizer, Inc		4.000		12/15/36		273,664
	500,000	Pfizer, Inc		4.300		06/15/43		560,826
	1,100,000	Pfizer, Inc		4.400		05/15/44		1,261,461
	1,750,000	Pfizer, Inc		4.125		12/15/46		1,940,838
	750,000	Sanofi		4.000		03/29/21		789,058
	658,000	Teva Pharmaceutical Finance Co BV		2.950		12/18/22		590,196
	1,100,000	Teva Pharmaceutical Finance Co LLC		2.250		03/18/20		1,063,683
	17,000	Teva Pharmaceutical Finance Co LLC		6.150		02/01/36		17,020
	675,000	Teva Pharmaceutical Finance Netherlands III BV		1.700		07/19/19		655,764
	1,125,000	Teva Pharmaceutical Finance Netherlands III BV		2.200		07/21/21		1,027,549
	2,000,000	Teva Pharmaceutical Finance Netherlands III BV		2.800		07/21/23		1,741,354
	1,250,000	Teva Pharmaceutical Finance Netherlands III BV		3.150		10/01/26		1,031,779
	1,075,000	Teva Pharmaceutical Finance Netherlands III BV		4.100		10/01/46		817,937
	1,000,000	Wyeth LLC		6.450		02/01/24		1,205,598
	945,000	Wyeth LLC		5.950		04/01/37		1,266,017
	100,000	Zoetis, Inc		3.450		11/13/20		102,354
	650,000	Zoetis, Inc		3.250		02/01/23		659,913
	100,000	Zoetis, Inc		4.500		11/13/25		108,963
	200,000	Zoetis, Inc		3.000		09/12/27		195,307
	600,000	Zoetis, Inc		4.700		02/01/43		670,205
	250,000	Zoetis, Inc		3.950		09/12/47		254,690
		TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						141,009,007
REAL ESTATE - 0.7%
	150,000	Alexandria Real Estate Equities, Inc		4.600		04/01/22		159,264
	100,000	Alexandria Real Estate Equities, Inc		3.900		06/15/23		103,333
	100,000	Alexandria Real Estate Equities, Inc		3.450		04/30/25		99,643
	200,000	Alexandria Real Estate Equities, Inc		4.300		01/15/26		209,504
	625,000	Alexandria Real Estate Equities, Inc		3.950		01/15/28		638,000
	200,000	Alexandria Real Estate Equities, Inc		4.500		07/30/29		211,938

97

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	100,000	American Campus Communities Operating Partnership LP		3.750	%	04/15/23	$	102,548
	300,000	American Campus Communities Operating Partnership LP		4.125		07/01/24		312,412
	200,000	American Campus Communities Operating Partnership LP		3.625		11/15/27		197,743
	1,150,000	American Tower Corp		3.300		02/15/21		1,170,983
	200,000	American Tower Corp		3.450		09/15/21		204,396
	500,000	American Tower Corp		2.250		01/15/22		486,924
	200,000	American Tower Corp		4.700		03/15/22		214,070
	250,000	American Tower Corp		3.500		01/31/23		255,589
	500,000	American Tower Corp		3.000		06/15/23		498,614
	800,000	American Tower Corp		5.000		02/15/24		876,123
	300,000	American Tower Corp		4.000		06/01/25		310,795
	200,000	American Tower Corp		4.400		02/15/26		210,266
	200,000	American Tower Corp		3.375		10/15/26		196,442
	500,000	American Tower Corp		3.125		01/15/27		481,235
	500,000	American Tower Corp		3.600		01/15/28		496,908
	200,000	AvalonBay Communities, Inc		3.625		10/01/20		205,869
	225,000	AvalonBay Communities, Inc		2.950		09/15/22		227,013
	200,000	AvalonBay Communities, Inc		3.500		11/15/24		205,659
	200,000	AvalonBay Communities, Inc		3.450		06/01/25		204,919
	150,000	AvalonBay Communities, Inc		3.500		11/15/25		153,787
	200,000	AvalonBay Communities, Inc		2.950		05/11/26		195,996
	100,000	AvalonBay Communities, Inc		2.900		10/15/26		97,304
	200,000	AvalonBay Communities, Inc		3.350		05/15/27		201,489
	200,000	AvalonBay Communities, Inc		3.200		01/15/28		199,171
	400,000	AvalonBay Communities, Inc		4.150		07/01/47		418,435
	1,175,000	Boston Properties LP		4.125		05/15/21		1,227,947
	500,000	Boston Properties LP		3.850		02/01/23		520,816
	425,000	Boston Properties LP		3.125		09/01/23		428,282
	200,000	Boston Properties LP		3.800		02/01/24		207,213
	300,000	Boston Properties LP		3.200		01/15/25		298,973
	100,000	Boston Properties LP		3.650		02/01/26		101,563
	400,000	Boston Properties LP		2.750		10/01/26		377,238
	100,000	Brandywine Operating Partnership LP		3.950		02/15/23		102,002
	100,000	Brandywine Operating Partnership LP		3.950		11/15/27		99,230
	150,000	Brixmor Operating Partnership LP		3.875		08/15/22		153,671
	250,000	Brixmor Operating Partnership LP		3.250		09/15/23		244,893
	200,000	Brixmor Operating Partnership LP		3.650		06/15/24		198,912
	200,000	Brixmor Operating Partnership LP		3.850		02/01/25		199,689
	100,000	Brixmor Operating Partnership LP		4.125		06/15/26		100,834
	300,000	Brixmor Operating Partnership LP		3.900		03/15/27		296,900
	200,000	Camden Property Trust		2.950		12/15/22		200,003
	250,000	CBL & Associates LP		4.600		10/15/24		222,798
	150,000	CBL & Associates LP		5.950		12/15/26		139,507
	500,000	CBRE Services, Inc		4.875		03/01/26		541,578
	975,000	CC Holdings GS V LLC		3.849		04/15/23		1,005,749
	400,000	Columbia Property Trust Operating Partnership LP		3.650		08/15/26		390,581
	200,000	Corporate Office Properties LP		3.700		06/15/21		203,725
	350,000	Crown Castle International Corp		3.400		02/15/21		357,402
	700,000	Crown Castle International Corp		2.250		09/01/21		688,119
	500,000	Crown Castle International Corp		3.200		09/01/24		494,703

98

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	750,000	Crown Castle International Corp		4.450	%	02/15/26	$	787,225
	125,000	Crown Castle International Corp		3.700		06/15/26		124,882
	100,000	Crown Castle International Corp		4.000		03/01/27		102,215
	300,000	Crown Castle International Corp		3.650		09/01/27		299,177
	200,000	Crown Castle International Corp		4.750		05/15/47		210,353
	100,000	CubeSmart LP		4.375		12/15/23		105,124
	200,000	CubeSmart LP		3.125		09/01/26		190,608
	200,000	DCT Industrial Operating Partnership LP		4.500		10/15/23		209,576
	200,000	DDR Corp		3.500		01/15/21		203,009
	500,000	DDR Corp		4.625		07/15/22		527,105
	200,000	DDR Corp		3.900		08/15/24		201,440
	150,000	DDR Corp		4.250		02/01/26		152,597
	200,000	DDR Corp		4.700		06/01/27		209,323
	200,000	Digital Realty Trust LP		3.400		10/01/20		203,936
	700,000	Digital Realty Trust LP		3.950		07/01/22		731,176
	300,000	Digital Realty Trust LP		3.625		10/01/22		309,120
	200,000	Digital Realty Trust LP		2.750		02/01/23		198,214
	200,000	Digital Realty Trust LP		4.750		10/01/25		217,384
	125,000	Digital Realty Trust LP		3.700		08/15/27		125,872
	200,000	Duke Realty LP		4.375		06/15/22		211,920
	100,000	Duke Realty LP		3.875		10/15/22		104,029
	100,000	Duke Realty LP		3.750		12/01/24		103,247
	100,000	Duke Realty LP		3.250		06/30/26		99,084
	1,000,000	Duke Realty LP		3.375		12/15/27		1,001,361
	100,000	EPR Properties		5.750		08/15/22		109,035
	200,000	EPR Properties		4.750		12/15/26		205,238
	200,000	EPR Properties		4.500		06/01/27		201,083
	200,000	Equity One, Inc		3.750		11/15/22		204,864
	700,000	ERP Operating LP		3.375		06/01/25		713,642
	200,000	ERP Operating LP		2.850		11/01/26		193,961
	1,150,000	ERP Operating LP		3.250		08/01/27		1,145,938
	300,000	ERP Operating LP		4.500		07/01/44		328,122
	100,000	ERP Operating LP		4.000		08/01/47		102,790
	100,000	Essex Portfolio LP		3.625		08/15/22		102,750
	100,000	Essex Portfolio LP		3.250		05/01/23		100,796
	400,000	Essex Portfolio LP		3.500		04/01/25		403,338
	100,000	Essex Portfolio LP		3.375		04/15/26		99,197
	200,000	Essex Portfolio LP		3.625		05/01/27		201,391
	200,000	Federal Realty Investment Trust		3.950		01/15/24		208,781
	250,000	Federal Realty Investment Trust		3.250		07/15/27		247,879
	200,000	Federal Realty Investment Trust		4.500		12/01/44		218,515
	250,000	HCP, Inc		2.625		02/01/20		250,885
	400,000	HCP, Inc		3.150		08/01/22		403,727
	1,300,000	HCP, Inc		4.000		12/01/22		1,361,031
	200,000	HCP, Inc		4.200		03/01/24		209,197
	800,000	HCP, Inc		3.875		08/15/24		818,669
	30,000	HCP, Inc		6.750		02/01/41		39,893
	200,000	Health Care REIT, Inc		4.125		04/01/19		203,550
	440,000	Health Care REIT, Inc		6.125		04/15/20		475,228
	200,000	Health Care REIT, Inc		4.500		01/15/24		213,679
	100,000	Healthcare Realty Trust, Inc		3.625		01/15/28		98,906
	200,000	Healthcare Trust of America Holdings LP		2.950		07/01/22		199,448

99

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	100,000	Healthcare Trust of America Holdings LP		3.700	%	04/15/23	$	102,225
	300,000	Healthcare Trust of America Holdings LP		3.500		08/01/26		295,294
	100,000	Highwoods Realty LP		3.875		03/01/27		100,149
	400,000	Hospitality Properties Trust		4.250		02/15/21		413,646
	100,000	Hospitality Properties Trust		5.000		08/15/22		106,700
	300,000	Hospitality Properties Trust		4.500		06/15/23		313,642
	200,000	Hospitality Properties Trust		4.650		03/15/24		210,146
	100,000	Hospitality Properties Trust		4.950		02/15/27		105,435
	300,000	Hospitality Properties Trust		3.950		01/15/28		290,933
	600,000	Host Hotels & Resorts LP		3.750		10/15/23		610,667
	200,000	Host Hotels & Resorts LP		3.875		04/01/24		203,440
	200,000	Host Hotels & Resorts LP		4.000		06/15/25		204,338
	100,000	Host Hotels & Resorts LP		4.500		02/01/26		104,668
	100,000	Hudson Pacific Properties LP		3.950		11/01/27		99,460
	250,000	Kilroy Realty LP		3.800		01/15/23		255,612
	125,000	Kilroy Realty LP		3.450		12/15/24		124,613
	200,000	Kilroy Realty LP		4.250		08/15/29		206,838
	200,000	Kimco Realty Corp		3.200		05/01/21		203,311
	100,000	Kimco Realty Corp		3.400		11/01/22		101,967
	300,000	Kimco Realty Corp		3.125		06/01/23		299,336
	200,000	Kimco Realty Corp		2.700		03/01/24		193,606
	300,000	Kimco Realty Corp		3.300		02/01/25		297,590
	200,000	Kimco Realty Corp		2.800		10/01/26		188,734
	200,000	Kimco Realty Corp		3.800		04/01/27		201,942
	200,000	Kimco Realty Corp		4.250		04/01/45		198,961
	175,000	Kimco Realty Corp		4.125		12/01/46		170,397
	100,000	Kimco Realty Corp		4.450		09/01/47		102,634
	220,000	Liberty Property LP		4.750		10/01/20		231,387
	150,000	Liberty Property LP		4.125		06/15/22		157,526
	100,000	Liberty Property LP		3.375		06/15/23		101,314
	200,000	Liberty Property LP		4.400		02/15/24		213,353
	100,000	Liberty Property LP		3.250		10/01/26		98,389
	200,000	Life Storage LP		3.875		12/15/27		199,204
	200,000	Mid-America Apartments LP		4.300		10/15/23		209,837
	100,000	Mid-America Apartments LP		4.000		11/15/25		103,555
	250,000	Mid-America Apartments LP		3.600		06/01/27		250,355
	100,000	National Retail Properties, Inc		3.800		10/15/22		103,283
	100,000	National Retail Properties, Inc		3.300		04/15/23		100,484
	300,000	National Retail Properties, Inc		3.900		06/15/24		307,568
	100,000	National Retail Properties, Inc		4.000		11/15/25		102,556
	100,000	National Retail Properties, Inc		3.600		12/15/26		99,130
	300,000	National Retail Properties, Inc		3.500		10/15/27		294,668
	200,000	OMEGA Healthcare Investors, Inc		4.375		08/01/23		202,816
	200,000	OMEGA Healthcare Investors, Inc		4.500		01/15/25		199,815
	300,000	OMEGA Healthcare Investors, Inc		5.250		01/15/26		310,807
	200,000	OMEGA Healthcare Investors, Inc		4.500		04/01/27		195,640
	700,000	OMEGA Healthcare Investors, Inc		4.750		01/15/28		693,684
	200,000	Physicians Realty LP		4.300		03/15/27		203,439
	200,000	Physicians Realty LP		3.950		01/15/28		197,616
	200,000	Piedmont Operating Partnership LP		3.400		06/01/23		198,664
	200,000	Piedmont Operating Partnership LP		4.450		03/15/24		208,124
	100,000	Plum Creek Timberlands LP		4.700		03/15/21		106,185
	300,000	Plum Creek Timberlands LP		3.250		03/15/23		305,510

100

TIAA-CREF FUNDS - Bond Index Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	150,000		ProLogis LP			4.250	%	08/15/23	$	160,564
	700,000		ProLogis LP			3.750		11/01/25		733,724
	200,000		Public Storage			2.370		09/15/22		197,305
	200,000		Public Storage			3.094		09/15/27		198,652
	200,000		Rayonier, Inc			3.750		04/01/22		202,457
	150,000		Realty Income Corp			2.000		01/31/18		149,987
	300,000		Realty Income Corp			3.250		10/15/22		304,795
	500,000		Realty Income Corp			4.650		08/01/23		538,067
	200,000		Realty Income Corp			4.125		10/15/26		207,878
	200,000		Realty Income Corp			3.000		01/15/27		191,326
	200,000		Realty Income Corp			3.650		01/15/28		201,414
	300,000		Realty Income Corp			4.650		03/15/47		328,803
	200,000		Regency Centers LP			3.600		02/01/27		200,126
	200,000		Regency Centers LP			4.400		02/01/47		205,916
	200,000		Select Income REIT			3.600		02/01/20		201,230
	200,000		Select Income REIT			4.150		02/01/22		202,222
	500,000		Select Income REIT			4.250		05/15/24		495,822
	200,000		Select Income REIT			4.500		02/01/25		201,666
	100,000		Senior Housing Properties Trust			6.750		12/15/21		110,647
	1,100,000		Simon Property Group LP			2.200		02/01/19		1,101,014
	250,000		Simon Property Group LP			2.500		09/01/20		250,889
	300,000		Simon Property Group LP			2.500		07/15/21		300,736
	1,850,000		Simon Property Group LP			2.350		01/30/22		1,832,229
	762,000		Simon Property Group LP			3.375		03/15/22		782,027
	200,000		Simon Property Group LP			2.625		06/15/22		199,494
	300,000		Simon Property Group LP			2.750		06/01/23		299,040
	300,000		Simon Property Group LP			3.500		09/01/25		307,047
	300,000		Simon Property Group LP			3.300		01/15/26		300,548
	200,000		Simon Property Group LP			3.250		11/30/26		199,001
	200,000		Simon Property Group LP			3.375		06/15/27		201,457
	300,000		Simon Property Group LP			3.375		12/01/27		301,299
	700,000		Simon Property Group LP			4.250		10/01/44		729,800
	300,000		Simon Property Group LP			4.250		11/30/46		315,897
	200,000		SL Green Operating Partnership LP			3.250		10/15/22		199,207
	200,000		SL Green Realty Corp			4.500		12/01/22		209,423
	200,000		Sovran Acquisition LP			3.500		07/01/26		194,730
	100,000		Tanger Properties LP			3.125		09/01/26		95,162
	250,000		Tanger Properties LP			3.875		07/15/27		249,602
	200,000		UDR, Inc			3.700		10/01/20		205,309
	200,000		UDR, Inc			4.625		01/10/22		212,099
	200,000		UDR, Inc			4.000		10/01/25		208,484
	200,000		UDR, Inc			3.500		07/01/27		199,895
	200,000		UDR, Inc			3.500		01/15/28		199,560
	100,000	g,i	USB Realty Corp	LIBOR 3 M + 1.147%		2.867		12/30/49		90,125
	300,000		Ventas Realty LP			4.750		06/01/21		317,880
	850,000		Ventas Realty LP			3.250		08/15/22		860,018
	200,000		Ventas Realty LP			3.100		01/15/23		200,002
	800,000		Ventas Realty LP			3.125		06/15/23		800,217
	350,000		Ventas Realty LP			3.750		05/01/24		359,289
	120,000		Ventas Realty LP			4.125		01/15/26		125,212
	200,000		Ventas Realty LP			3.250		10/15/26		194,686
	300,000		Ventas Realty LP			4.375		02/01/45		308,846

101

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	100,000		Vornado Realty LP		5.000	%	01/15/22	$	107,260
	200,000		Vornado Realty LP		3.500		01/15/25		199,459
	300,000		Washington Prime Group LP		5.950		08/15/24		306,519
	100,000		Washington REIT		3.950		10/15/22		102,617
	100,000		Weingarten Realty Investors		3.375		10/15/22		100,798
	100,000		Weingarten Realty Investors		3.500		04/15/23		100,808
	700,000		Welltower, Inc		4.000		06/01/25		723,667
	600,000		Welltower, Inc		4.250		04/01/26		627,970
	500,000		Weyerhaeuser Co		7.375		10/01/19		541,795
	200,000		Weyerhaeuser Co		4.625		09/15/23		214,739
	400,000		Weyerhaeuser Co		7.375		03/15/32		552,315
	200,000		WP Carey, Inc		4.600		04/01/24		208,891
	200,000		WP Carey, Inc		4.000		02/01/25		202,208
			TOTAL REAL ESTATE						66,511,274
RETAILING - 0.7%
	120,000		Advance Auto Parts, Inc		5.750		05/01/20		127,865
	250,000		Advance Auto Parts, Inc		4.500		12/01/23		262,803
	200,000		Allegion US Holding Co, Inc		3.200		10/01/24		197,650
	200,000		Allegion US Holding Co, Inc		3.550		10/01/27		197,762
	1,200,000		Amazon.com, Inc		2.600		12/05/19		1,212,105
	500,000	g	Amazon.com, Inc		1.900		08/21/20		495,867
	300,000		Amazon.com, Inc		3.300		12/05/21		309,772
	600,000		Amazon.com, Inc		2.500		11/29/22		599,608
	500,000	g	Amazon.com, Inc		2.400		02/22/23		494,736
	750,000	g	Amazon.com, Inc		2.800		08/22/24		747,549
	300,000		Amazon.com, Inc		3.800		12/05/24		316,779
	200,000		Amazon.com, Inc		5.200		12/03/25		229,535
	1,500,000	g	Amazon.com, Inc		3.150		08/22/27		1,501,815
	300,000		Amazon.com, Inc		4.800		12/05/34		351,888
	1,250,000	g	Amazon.com, Inc		3.875		08/22/37		1,325,368
	600,000		Amazon.com, Inc		4.950		12/05/44		728,696
	1,000,000	g	Amazon.com, Inc		4.050		08/22/47		1,076,667
	1,750,000	g	Amazon.com, Inc		4.250		08/22/57		1,906,959
	100,000		AutoNation, Inc		3.350		01/15/21		101,448
	200,000		AutoNation, Inc		3.500		11/15/24		197,776
	244,000		AutoNation, Inc		4.500		10/01/25		255,300
	200,000		AutoNation, Inc		3.800		11/15/27		197,984
	100,000		AutoZone, Inc		4.000		11/15/20		103,780
	200,000		AutoZone, Inc		3.700		04/15/22		206,309
	300,000		AutoZone, Inc		2.875		01/15/23		298,569
	150,000		AutoZone, Inc		3.125		07/15/23		149,965
	200,000		AutoZone, Inc		3.250		04/15/25		199,189
	100,000		AutoZone, Inc		3.125		04/21/26		97,374
	300,000		AutoZone, Inc		3.750		06/01/27		304,387
	200,000		Bed Bath & Beyond, Inc		3.749		08/01/24		199,811
	200,000		Bed Bath & Beyond, Inc		4.915		08/01/34		180,753
	250,000		Bed Bath & Beyond, Inc		5.165		08/01/44		219,748
	250,000		Costco Wholesale Corp		1.700		12/15/19		248,366
	400,000		Costco Wholesale Corp		1.750		02/15/20		397,436
	500,000		Costco Wholesale Corp		2.150		05/18/21		497,742
	200,000		Costco Wholesale Corp		2.250		02/15/22		198,857
	300,000		Costco Wholesale Corp		2.300		05/18/22		297,511

102

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	400,000	Costco Wholesale Corp		2.750	%	05/18/24	$	399,547
	500,000	Costco Wholesale Corp		3.000		05/18/27		500,581
	300,000	Dollar General Corp		4.150		11/01/25		317,489
	300,000	Dollar General Corp		3.875		04/15/27		312,785
	300,000	Enable Midstream Partners LP		3.900		05/15/24		301,757
	200,000	Enable Midstream Partners LP		4.400		03/15/27		203,318
	100,000	Enable Midstream Partners LP		5.000		05/15/44		98,136
	800,000	Home Depot, Inc		2.000		06/15/19		800,270
	300,000	Home Depot, Inc		1.800		06/05/20		297,595
	400,000	Home Depot, Inc		3.950		09/15/20		418,479
	500,000	Home Depot, Inc		2.000		04/01/21		495,023
	350,000	Home Depot, Inc		4.400		04/01/21		371,664
	400,000	Home Depot, Inc		2.625		06/01/22		402,182
	500,000	Home Depot, Inc		2.700		04/01/23		504,712
	300,000	Home Depot, Inc		3.750		02/15/24		316,237
	100,000	Home Depot, Inc		3.350		09/15/25		103,322
	900,000	Home Depot, Inc		3.000		04/01/26		900,941
	1,300,000	Home Depot, Inc		2.125		09/15/26		1,216,786
	1,000,000	Home Depot, Inc		2.800		09/14/27		983,465
	960,000	Home Depot, Inc		5.875		12/16/36		1,298,172
	500,000	Home Depot, Inc		4.200		04/01/43		550,220
	300,000	Home Depot, Inc		4.875		02/15/44		362,420
	500,000	Home Depot, Inc		4.400		03/15/45		565,717
	600,000	Home Depot, Inc		4.250		04/01/46		669,448
	600,000	Home Depot, Inc		3.900		06/15/47		632,142
	675,000	Home Depot, Inc		3.500		09/15/56		648,590
	500,000	JD.com, Inc		3.875		04/29/26		502,903
	200,000	Kohl’s Corp		3.250		02/01/23		197,693
	200,000	Kohl’s Corp		4.750		12/15/23		210,714
	200,000	Kohl’s Corp		4.250		07/17/25		203,171
	200,000	Kohl’s Corp		5.550		07/17/45		195,223
	300,000	Lowe’s Cos, Inc		1.150		04/15/19		296,614
	200,000	Lowe’s Cos, Inc		3.800		11/15/21		208,916
	850,000	Lowe’s Cos, Inc		3.120		04/15/22		867,139
	300,000	Lowe’s Cos, Inc		3.875		09/15/23		318,355
	400,000	Lowe’s Cos, Inc		3.125		09/15/24		406,084
	100,000	Lowe’s Cos, Inc		3.375		09/15/25		103,013
	500,000	Lowe’s Cos, Inc		2.500		04/15/26		480,527
	750,000	Lowe’s Cos, Inc		3.100		05/03/27		752,433
	100,000	Lowe’s Cos, Inc		4.650		04/15/42		114,181
	200,000	Lowe’s Cos, Inc		4.250		09/15/44		217,791
	200,000	Lowe’s Cos, Inc		4.375		09/15/45		220,852
	1,075,000	Lowe’s Cos, Inc		3.700		04/15/46		1,078,363
	1,000,000	Lowe’s Cos, Inc		4.050		05/03/47		1,063,492
	200,000	Macy’s Retail Holdings, Inc		3.450		01/15/21		201,144
	250,000	Macy’s Retail Holdings, Inc		3.875		01/15/22		251,553
	125,000	Macy’s Retail Holdings, Inc		2.875		02/15/23		117,328
	200,000	Macy’s Retail Holdings, Inc		4.375		09/01/23		201,717
	300,000	Macy’s Retail Holdings, Inc		3.625		06/01/24		289,084
	400,000	Macy’s Retail Holdings, Inc		6.900		04/01/29		421,978
	200,000	Macy’s Retail Holdings, Inc		4.500		12/15/34		169,944
	103,000	Macy’s Retail Holdings, Inc		6.375		03/15/37		104,974

103

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	30,000	Nordstrom, Inc		4.750	%	05/01/20	$	31,395
	100,000	Nordstrom, Inc		4.000		10/15/21		103,429
	200,000	Nordstrom, Inc		4.000		03/15/27		199,193
	531,000	Nordstrom, Inc		5.000		01/15/44		511,515
	150,000	O’Reilly Automotive, Inc		4.875		01/14/21		159,275
	600,000	O’Reilly Automotive, Inc		3.800		09/01/22		631,118
	200,000	O’Reilly Automotive, Inc		3.850		06/15/23		209,144
	150,000	O’Reilly Automotive, Inc		3.600		09/01/27		150,508
	200,000	Priceline Group, Inc		2.750		03/15/23		199,248
	300,000	Priceline Group, Inc		3.650		03/15/25		304,843
	300,000	Priceline Group, Inc		3.600		06/01/26		301,207
	150,000	Priceline Group, Inc		3.550		03/15/28		148,537
	200,000	QVC, Inc		3.125		04/01/19		200,731
	100,000	QVC, Inc		5.125		07/02/22		105,749
	100,000	QVC, Inc		4.375		03/15/23		102,530
	500,000	QVC, Inc		4.850		04/01/24		525,319
	200,000	QVC, Inc		4.450		02/15/25		203,970
	150,000	QVC, Inc		5.950		03/15/43		151,065
	1,150,000	Target Corp		3.875		07/15/20		1,197,235
	900,000	Target Corp		2.900		01/15/22		917,159
	500,000	Target Corp		3.500		07/01/24		521,168
	1,400,000	Target Corp		2.500		04/15/26		1,345,681
	850,000	Target Corp		4.000		07/01/42		878,646
	225,000	Target Corp		3.625		04/15/46		218,783
	500,000	Target Corp		3.900		11/15/47		508,443
	300,000	TJX Cos, Inc		2.750		06/15/21		304,187
	300,000	TJX Cos, Inc		2.500		05/15/23		297,143
	300,000	TJX Cos, Inc		2.250		09/15/26		281,452
	300,000	Wal-Mart Stores, Inc		1.750		10/09/19		298,901
	1,400,000	Wal-Mart Stores, Inc		3.250		10/25/20		1,442,243
	800,000	Wal-Mart Stores, Inc		1.900		12/15/20		794,786
	1,950,000	Wal-Mart Stores, Inc		4.250		04/15/21		2,071,498
	300,000	Wal-Mart Stores, Inc		2.350		12/15/22		298,904
	1,000,000	Wal-Mart Stores, Inc		2.550		04/11/23		1,003,504
	800,000	Wal-Mart Stores, Inc		3.300		04/22/24		832,167
	1,500,000	Wal-Mart Stores, Inc		2.650		12/15/24		1,493,706
	69,000	Wal-Mart Stores, Inc		7.550		02/15/30		100,338
	4,000,000	Wal-Mart Stores, Inc		3.625		12/15/47		4,186,321
		TOTAL RETAILING						62,532,954
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.2%
	200,000	Altera Corp		4.100		11/15/23		214,953
	100,000	Analog Devices, Inc		2.500		12/05/21		99,004
	500,000	Analog Devices, Inc		2.875		06/01/23		498,906
	325,000	Analog Devices, Inc		3.125		12/05/23		325,607
	175,000	Analog Devices, Inc		3.500		12/05/26		177,048
	100,000	Analog Devices, Inc		4.500		12/05/36		107,724
	200,000	Analog Devices, Inc		5.300		12/15/45		237,495
	300,000	Intel Corp		1.850		05/11/20		298,604
	250,000	Intel Corp		2.450		07/29/20		252,707
	400,000	Intel Corp		1.700		05/19/21		392,798
	300,000	Intel Corp		2.350		05/11/22		299,001
	1,250,000	Intel Corp		3.100		07/29/22		1,285,647

104

TIAA-CREF FUNDS - Bond Index Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	1,250,000		Intel Corp		2.700	%	12/15/22	$	1,263,725
	1,500,000		Intel Corp		3.700		07/29/25		1,584,704
	2,180,000		Intel Corp		2.600		05/19/26		2,124,172
	400,000		Intel Corp		4.100		05/19/46		440,669
	750,000		Intel Corp		4.100		05/11/47		825,544
	1,578,000	g	Intel Corp		3.734		12/08/47		1,637,016
	200,000		Maxim Integrated Products, Inc		3.375		03/15/23		201,838
	150,000		Maxim Integrated Products, Inc		3.450		06/15/27		150,673
	225,000		NVIDIA Corp		2.200		09/16/21		222,562
	300,000		NVIDIA Corp		3.200		09/16/26		300,824
	200,000		Texas Instruments, Inc		1.650		08/03/19		198,782
	300,000		Texas Instruments, Inc		1.750		05/01/20		297,364
	250,000		Texas Instruments, Inc		2.750		03/12/21		253,286
	200,000		Texas Instruments, Inc		2.250		05/01/23		196,244
	100,000		Texas Instruments, Inc		2.625		05/15/24		99,183
	350,000		Texas Instruments, Inc		2.900		11/03/27		348,735
	400,000		Xilinx, Inc		3.000		03/15/21		403,407
	150,000		Xilinx, Inc		2.950		06/01/24		149,030
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						14,887,252
SOFTWARE & SERVICES - 1.0%
	175,000		Activision Blizzard Inc		2.300		09/15/21		172,684
	200,000		Activision Blizzard Inc		3.400		09/15/26		202,355
	100,000		Activision Blizzard, Inc		2.600		06/15/22		99,251
	300,000		Activision Blizzard, Inc		3.400		06/15/27		302,024
	300,000		Activision Blizzard, Inc		4.500		06/15/47		315,026
	20,000		Adobe Systems, Inc		4.750		02/01/20		21,001
	775,000		Adobe Systems, Inc		3.250		02/01/25		795,732
	250,000		Autodesk, Inc		4.375		06/15/25		262,279
	300,000		Autodesk, Inc		3.500		06/15/27		294,192
	500,000		Automatic Data Processing, Inc		2.250		09/15/20		501,253
	500,000		Automatic Data Processing, Inc		3.375		09/15/25		515,951
	750,000		Baidu, Inc		2.750		06/09/19		751,029
	500,000		Baidu, Inc		3.000		06/30/20		502,127
	700,000		Baidu, Inc		2.875		07/06/22		692,513
	200,000		Baidu, Inc		3.500		11/28/22		202,925
	300,000		Baidu, Inc		4.125		06/30/25		311,643
	300,000		Baidu, Inc		3.625		07/06/27		296,766
	500,000		CA, Inc		5.375		12/01/19		524,372
	250,000		CA, Inc		3.600		08/15/22		253,431
	150,000		CA, Inc		4.700		03/15/27		156,886
	200,000		Citrix Systems, Inc		4.500		12/01/27		202,922
	200,000		DXC Technology Co		2.875		03/27/20		200,961
	200,000		DXC Technology Co		4.450		09/18/22		210,465
	200,000		DXC Technology Co		4.250		04/15/24		208,284
	200,000		DXC Technology Co		4.750		04/15/27		212,625
	300,000		Electronic Arts, Inc		3.700		03/01/21		309,300
	300,000		Expedia, Inc		4.500		08/15/24		314,112
	1,200,000		Expedia, Inc		5.000		02/15/26		1,282,520
	1,000,000		Fidelity National Information Services, Inc		2.250		08/15/21		983,036
	247,000		Fidelity National Information Services, Inc		4.500		10/15/22		264,362
	163,000		Fidelity National Information Services, Inc		3.875		06/05/24		170,113

105

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	139,000	Fidelity National Information Services, Inc		5.000	%	10/15/25	$	153,575
	1,150,000	Fidelity National Information Services, Inc		3.000		08/15/26		1,111,246
	300,000	Fidelity National Information Services, Inc		4.500		08/15/46		312,433
	550,000	Fiserv, Inc		3.500		10/01/22		566,020
	500,000	Fiserv, Inc		3.850		06/01/25		521,472
	500,000	International Business Machines Corp		1.950		02/12/19		500,576
	200,000	International Business Machines Corp		1.875		05/15/19		199,537
	1,250,000	International Business Machines Corp		1.800		05/17/19		1,246,646
	800,000	International Business Machines Corp		8.375		11/01/19		889,202
	300,000	International Business Machines Corp		1.900		01/27/20		298,610
	300,000	International Business Machines Corp		1.625		05/15/20		296,304
	250,000	International Business Machines Corp		2.250		02/19/21		249,249
	500,000	International Business Machines Corp		2.900		11/01/21		506,905
	300,000	International Business Machines Corp		2.500		01/27/22		300,959
	300,000	International Business Machines Corp		1.875		08/01/22		291,853
	500,000	International Business Machines Corp		2.875		11/09/22		503,738
	700,000	International Business Machines Corp		3.375		08/01/23		724,477
	500,000	International Business Machines Corp		3.625		02/12/24		523,457
	400,000	International Business Machines Corp		7.000		10/30/25		511,635
	500,000	International Business Machines Corp		3.450		02/19/26		516,582
	300,000	International Business Machines Corp		3.300		01/27/27		305,743
	19,000	International Business Machines Corp		5.600		11/30/39		24,807
	835,000	International Business Machines Corp		4.000		06/20/42		883,502
	500,000	International Business Machines Corp		4.700		02/19/46		590,528
	200,000	Juniper Networks, Inc		3.125		02/26/19		201,552
	175,000	Juniper Networks, Inc		4.600		03/15/21		183,260
	200,000	Juniper Networks, Inc		4.500		03/15/24		208,074
	250,000	Juniper Networks, Inc		4.350		06/15/25		257,799
	925,000	Microsoft Corp		4.200		06/01/19		953,069
	1,000,000	Microsoft Corp		1.100		08/08/19		986,529
	1,000,000	Microsoft Corp		1.850		02/06/20		996,988
	300,000	Microsoft Corp		1.850		02/12/20		298,821
	540,000	Microsoft Corp		3.000		10/01/20		552,341
	500,000	Microsoft Corp		2.000		11/03/20		498,017
	450,000	Microsoft Corp		4.000		02/08/21		472,680
	850,000	Microsoft Corp		1.550		08/08/21		827,534
	1,000,000	Microsoft Corp		2.400		02/06/22		1,000,236
	1,300,000	Microsoft Corp		2.375		02/12/22		1,297,736
	500,000	Microsoft Corp		2.650		11/03/22		503,594
	400,000	Microsoft Corp		2.125		11/15/22		395,035
	1,000,000	Microsoft Corp		2.000		08/08/23		971,254
	400,000	Microsoft Corp		3.625		12/15/23		421,359
	2,000,000	Microsoft Corp		2.875		02/06/24		2,028,533
	500,000	Microsoft Corp		2.700		02/12/25		499,112
	750,000	Microsoft Corp		3.125		11/03/25		765,518
	2,300,000	Microsoft Corp		2.400		08/08/26		2,217,413
	2,725,000	Microsoft Corp		3.300		02/06/27		2,810,050
	925,000	Microsoft Corp		4.200		11/03/35		1,048,788
	2,000,000	Microsoft Corp		3.450		08/08/36		2,060,434
	1,575,000	Microsoft Corp		4.100		02/06/37		1,757,198
	500,000	Microsoft Corp		3.500		11/15/42		501,347
	300,000	Microsoft Corp		3.750		05/01/43		314,316
	750,000	Microsoft Corp		3.750		02/12/45		789,373

106

TIAA-CREF FUNDS - Bond Index Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	575,000	Microsoft Corp		4.450	%	11/03/45	$	673,330
	1,000,000	Microsoft Corp		3.700		08/08/46		1,041,489
	1,350,000	Microsoft Corp		4.250		02/06/47		1,541,928
	1,750,000	Microsoft Corp		4.000		02/12/55		1,870,146
	500,000	Microsoft Corp		4.750		11/03/55		618,192
	1,000,000	Microsoft Corp		3.950		08/08/56		1,066,192
	1,800,000	Microsoft Corp		4.500		02/06/57		2,129,071
	750,000	Oracle Corp		2.375		01/15/19		753,081
	750,000	Oracle Corp		2.250		10/08/19		753,307
	1,365,000	Oracle Corp		3.875		07/15/20		1,423,121
	500,000	Oracle Corp		2.800		07/08/21		507,300
	1,000,000	Oracle Corp		1.900		09/15/21		984,112
	1,300,000	Oracle Corp		2.500		05/15/22		1,301,891
	1,725,000	Oracle Corp		2.500		10/15/22		1,722,398
	500,000	Oracle Corp		2.625		02/15/23		501,037
	2,000,000	Oracle Corp		2.400		09/15/23		1,974,668
	750,000	Oracle Corp		3.400		07/08/24		777,531
	500,000	Oracle Corp		2.950		11/15/24		503,467
	1,250,000	Oracle Corp		2.950		05/15/25		1,255,116
	2,334,000	Oracle Corp		2.650		07/15/26		2,274,895
	750,000	Oracle Corp		3.250		11/15/27		762,493
	400,000	Oracle Corp		3.250		05/15/30		404,205
	2,322,000	Oracle Corp		4.300		07/08/34		2,578,855
	500,000	Oracle Corp		3.900		05/15/35		529,279
	1,000,000	Oracle Corp		3.850		07/15/36		1,055,982
	2,000,000	Oracle Corp		3.800		11/15/37		2,097,601
	470,000	Oracle Corp		6.125		07/08/39		644,981
	500,000	Oracle Corp		4.500		07/08/44		569,434
	1,500,000	Oracle Corp		4.000		07/15/46		1,594,494
	750,000	Oracle Corp		4.000		11/15/47		797,880
	500,000	Oracle Corp		4.375		05/15/55		558,263
	250,000	Total System Services, Inc		3.800		04/01/21		256,218
	125,000	Total System Services, Inc		3.750		06/01/23		127,595
	300,000	Total System Services, Inc		4.800		04/01/26		324,488
	300,000	VMware, Inc		2.300		08/21/20		298,278
	1,250,000	VMware, Inc		2.950		08/21/22		1,246,343
	500,000	VMware, Inc		3.900		08/21/27		504,596
	400,000	Western Union Co		5.253		04/01/20		421,398
	300,000	Western Union Co		3.600		03/15/22		303,670
		TOTAL SOFTWARE & SERVICES						88,127,481
TECHNOLOGY HARDWARE & EQUIPMENT - 1.1%
	100,000	Alphabet, Inc		3.625		05/19/21		104,674
	500,000	Alphabet, Inc		3.375		02/25/24		521,141
	1,000,000	Alphabet, Inc		1.998		08/15/26		942,534
	200,000	Amphenol Corp		2.550		01/30/19		200,668
	225,000	Amphenol Corp		2.200		04/01/20		223,875
	125,000	Amphenol Corp		3.125		09/15/21		126,973
	150,000	Amphenol Corp		4.000		02/01/22		156,794
	200,000	Amphenol Corp		3.200		04/01/24		201,310
	500,000	Apple, Inc		1.550		02/08/19		498,335
	325,000	Apple, Inc		1.700		02/22/19		324,213

107

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000		Apple, Inc		2.100	%	05/06/19	$	1,002,211
	1,000,000		Apple, Inc		1.100		08/02/19		986,147
	300,000		Apple, Inc		1.500		09/12/19		297,466
	200,000		Apple, Inc		1.800		11/13/19		199,256
	500,000		Apple, Inc		1.900		02/07/20		498,468
	200,000		Apple, Inc		1.800		05/11/20		198,294
	500,000		Apple, Inc		2.000		11/13/20		496,803
	2,500,000		Apple, Inc		2.250		02/23/21		2,496,844
	2,000,000		Apple, Inc		1.550		08/04/21		1,942,837
	750,000		Apple, Inc		2.150		02/09/22		740,159
	500,000		Apple, Inc		2.500		02/09/22		500,384
	500,000		Apple, Inc		2.300		05/11/22		496,441
	750,000		Apple, Inc		2.700		05/13/22		755,390
	400,000		Apple, Inc		2.100		09/12/22		392,435
	500,000		Apple, Inc		2.400		01/13/23		495,632
	400,000		Apple, Inc		2.850		02/23/23		405,362
	750,000		Apple, Inc		3.000		02/09/24		759,363
	2,250,000		Apple, Inc		3.450		05/06/24		2,332,811
	750,000		Apple, Inc		2.850		05/11/24		753,198
	1,500,000		Apple, Inc		2.750		01/13/25		1,486,593
	750,000		Apple, Inc		2.500		02/09/25		731,101
	750,000		Apple, Inc		3.200		05/13/25		764,955
	2,350,000		Apple, Inc		3.250		02/23/26		2,397,714
	1,000,000		Apple, Inc		2.450		08/04/26		958,177
	750,000		Apple, Inc		3.350		02/09/27		768,065
	750,000		Apple, Inc		3.200		05/11/27		759,306
	1,000,000		Apple, Inc		3.000		06/20/27		995,313
	1,500,000		Apple, Inc		2.900		09/12/27		1,481,775
	750,000		Apple, Inc		3.000		11/13/27		745,221
	375,000		Apple, Inc		4.500		02/23/36		429,559
	750,000		Apple, Inc		4.450		05/06/44		855,927
	1,350,000		Apple, Inc		3.450		02/09/45		1,316,229
	800,000		Apple, Inc		4.375		05/13/45		900,422
	1,250,000		Apple, Inc		4.650		02/23/46		1,462,453
	750,000		Apple, Inc		3.850		08/04/46		780,873
	1,000,000		Apple, Inc		4.250		02/09/47		1,110,170
	750,000		Apple, Inc		3.750		09/12/47		767,837
	750,000		Apple, Inc		3.750		11/13/47		767,769
	1,000,000	g	Broadcom Corp		2.375		01/15/20		993,184
	500,000	g	Broadcom Corp		2.200		01/15/21		488,900
	1,500,000	g	Broadcom Corp		3.000		01/15/22		1,487,123
	500,000	g	Broadcom Corp		2.650		01/15/23		481,935
	1,100,000	g	Broadcom Corp		3.625		01/15/24		1,093,599
	1,500,000	g	Broadcom Corp		3.125		01/15/25		1,433,606
	1,750,000	g	Broadcom Corp		3.875		01/15/27		1,721,603
	250,000	g	Broadcom Corp		3.500		01/15/28		238,254
	300,000		Cisco Systems, Inc		1.600		02/28/19		298,686
	200,000		Cisco Systems, Inc		1.400		09/20/19		197,892
	1,900,000		Cisco Systems, Inc		4.450		01/15/20		1,986,840
	400,000		Cisco Systems, Inc		2.450		06/15/20		402,591
	400,000		Cisco Systems, Inc		2.200		02/28/21		398,694
	1,250,000		Cisco Systems, Inc		2.900		03/04/21		1,272,664
	300,000		Cisco Systems, Inc		1.850		09/20/21		294,392

108

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	400,000		Cisco Systems, Inc		3.000	%	06/15/22	$	407,685
	500,000		Cisco Systems, Inc		2.600		02/28/23		500,881
	1,300,000		Cisco Systems, Inc		2.200		09/20/23		1,273,785
	1,100,000		Cisco Systems, Inc		3.625		03/04/24		1,158,593
	400,000		Cisco Systems, Inc		3.500		06/15/25		417,640
	500,000		Cisco Systems, Inc		2.950		02/28/26		502,228
	2,500,000		Cisco Systems, Inc		2.500		09/20/26		2,417,573
	600,000		Cisco Systems, Inc		5.900		02/15/39		819,703
	225,000		Corning, Inc		4.250		08/15/20		234,909
	300,000		Corning, Inc		2.900		05/15/22		301,239
	100,000		Corning, Inc		5.750		08/15/40		122,830
	200,000		Corning, Inc		4.750		03/15/42		223,216
	200,000		Corning, Inc		4.375		11/15/57		198,334
	2,650,000	g	Diamond Finance Corp		3.480		06/01/19		2,682,961
	1,175,000	g	Diamond Finance Corp		4.420		06/15/21		1,224,256
	1,500,000	g	Diamond Finance Corp		5.450		06/15/23		1,620,730
	2,000,000	g	Diamond Finance Corp		6.020		06/15/26		2,204,707
	1,000,000	g	Diamond Finance Corp		8.100		07/15/36		1,262,061
	1,000,000	g	Diamond Finance Corp		8.350		07/15/46		1,287,643
	300,000		Flextronics International Ltd		4.750		06/15/25		320,895
	205,000		Harris Corp		2.700		04/27/20		205,812
	300,000		Harris Corp		4.400		12/15/20		313,766
	300,000		Harris Corp		4.854		04/27/35		335,057
	300,000		Harris Corp		5.054		04/27/45		352,531
	2,375,000		Hewlett Packard Enterprise Co		3.600		10/15/20		2,424,704
	750,000		Hewlett Packard Enterprise Co		4.400		10/15/22		788,079
	1,000,000		Hewlett Packard Enterprise Co		4.900		10/15/25		1,055,492
	750,000		Hewlett Packard Enterprise Co		6.200		10/15/35		814,280
	350,000		Hewlett Packard Enterprise Co		6.350		10/15/45		370,258
	113,000		Hewlett-Packard Co		3.750		12/01/20		116,599
	200,000		Hewlett-Packard Co		4.375		09/15/21		210,498
	100,000		Hewlett-Packard Co		4.650		12/09/21		106,280
	200,000		Hewlett-Packard Co		4.050		09/15/22		208,301
	850,000		Hewlett-Packard Co		6.000		09/15/41		908,261
	1,000,000		Jabil Circuit, Inc		4.700		09/15/22		1,048,400
	300,000		Koninklijke Philips Electronics NV		5.000		03/15/42		349,907
	800,000		Koninklijke Philips NV		3.750		03/15/22		832,862
	420,000		L-3 Communications Corp		5.200		10/15/19		439,866
	300,000		L-3 Communications Corp		4.950		02/15/21		317,703
	52,000		L-3 Communications Corp		3.950		05/28/24		54,119
	600,000		L-3 Communications Corp		3.850		12/15/26		616,816
	100,000		Motorola Solutions, Inc		3.500		09/01/21		101,495
	700,000		Motorola Solutions, Inc		3.750		05/15/22		718,914
	250,000		Motorola Solutions, Inc		3.500		03/01/23		251,724
	200,000		Motorola Solutions, Inc		4.000		09/01/24		205,088
	200,000		Motorola Solutions, Inc		5.500		09/01/44		202,938
	200,000		NetApp, Inc		3.375		06/15/21		203,654
	200,000		NetApp, Inc		3.300		09/29/24		199,179
	200,000		Pitney Bowes, Inc		3.625		09/15/20		198,000
	200,000		Pitney Bowes, Inc		3.625		10/01/21		186,000
	200,000		Pitney Bowes, Inc		4.700		04/01/23		183,498
	500,000		Pitney Bowes, Inc		4.625		03/15/24		455,000

109

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	750,000		QUALCOMM, Inc		1.850	%	05/20/19	$	747,100
	750,000		QUALCOMM, Inc		2.100		05/20/20		746,799
	1,400,000		QUALCOMM, Inc		2.250		05/20/20		1,388,999
	500,000		QUALCOMM, Inc		3.000		05/20/22		500,394
	750,000		QUALCOMM, Inc		2.900		05/20/24		731,586
	500,000		QUALCOMM, Inc		3.450		05/20/25		501,020
	1,000,000		QUALCOMM, Inc		3.250		05/20/27		976,103
	500,000		QUALCOMM, Inc		4.650		05/20/35		537,723
	500,000		QUALCOMM, Inc		4.800		05/20/45		537,311
	1,000,000		QUALCOMM, Inc		4.300		05/20/47		1,006,481
	500,000	g	Seagate HDD Cayman		4.250		03/01/22		506,041
	1,250,000		Seagate HDD Cayman		4.750		01/01/25		1,227,269
	200,000		Seagate HDD Cayman		4.875		06/01/27		191,182
	200,000		Seagate HDD Cayman		5.750		12/01/34		192,423
	200,000		Tech Data Corp		3.700		02/15/22		200,597
	200,000		Tech Data Corp		4.950		02/15/27		210,913
	250,000		Tyco Electronics Group S.A.		3.500		02/03/22		256,818
	200,000		Tyco Electronics Group S.A.		3.450		08/01/24		205,559
	100,000		Tyco Electronics Group S.A.		3.700		02/15/26		103,842
	150,000		Tyco Electronics Group S.A.		3.125		08/15/27		149,408
	415,000		Xerox Corp		2.750		09/01/20		410,102
	1,250,000		Xerox Corp		3.625		03/15/23		1,219,222
	200,000		Xerox Corp		6.750		12/15/39		210,077
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						98,033,359
TELECOMMUNICATION SERVICES - 1.4%
	500,000		Alibaba Group Holding Ltd		2.500		11/28/19		501,457
	500,000		Alibaba Group Holding Ltd		3.125		11/28/21		506,524
	1,000,000		Alibaba Group Holding Ltd		2.800		06/06/23		997,000
	1,250,000		Alibaba Group Holding Ltd		3.600		11/28/24		1,296,703
	1,000,000		Alibaba Group Holding Ltd		3.400		12/06/27		999,440
	500,000		Alibaba Group Holding Ltd		4.500		11/28/34		552,489
	750,000		Alibaba Group Holding Ltd		4.000		12/06/37		775,554
	1,000,000		Alibaba Group Holding Ltd		4.200		12/06/47		1,040,197
	750,000		Alibaba Group Holding Ltd		4.400		12/06/57		780,488
	1,680,000		America Movil SAB de C.V.		5.000		03/30/20		1,770,464
	950,000		America Movil SAB de C.V.		3.125		07/16/22		960,953
	440,000		America Movil SAB de C.V.		6.125		03/30/40		558,699
	1,125,000		America Movil SAB de C.V.		4.375		07/16/42		1,192,453
	950,000		AT&T, Inc		5.800		02/15/19		985,779
	1,000,000		AT&T, Inc		2.300		03/11/19		1,000,994
	500,000		AT&T, Inc		3.200		03/01/22		505,337
	1,250,000		AT&T, Inc		2.850		02/14/23		1,254,777
	500,000		AT&T, Inc		3.800		03/01/24		511,951
	1,000,000		AT&T, Inc		4.450		04/01/24		1,057,607
	1,250,000		AT&T, Inc		3.400		08/14/24		1,256,142
	1,500,000		AT&T, Inc		3.400		05/15/25		1,474,376
	1,250,000		AT&T, Inc		4.125		02/17/26		1,278,255
	1,300,000		AT&T, Inc		4.250		03/01/27		1,324,882
	1,500,000		AT&T, Inc		3.900		08/14/27		1,509,590
	4,705,000	g	AT&T, Inc		4.100		02/15/28		4,719,167
	8,525,000	g	AT&T, Inc		4.300		02/15/30		8,523,029
	1,175,000		AT&T, Inc		4.500		05/15/35		1,167,251

110

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,500,000		AT&T, Inc		5.250	%	03/01/37	$	1,585,374
	1,500,000		AT&T, Inc		4.900		08/14/37		1,520,967
	145,000		AT&T, Inc		6.000		08/15/40		163,978
	92,000		AT&T, Inc		5.350		09/01/40		97,015
	100,000		AT&T, Inc		6.375		03/01/41		117,875
	550,000		AT&T, Inc		5.150		03/15/42		570,220
	2,366,000		AT&T, Inc		4.300		12/15/42		2,220,842
	1,250,000		AT&T, Inc		4.800		06/15/44		1,235,332
	2,854,000		AT&T, Inc		4.350		06/15/45		2,630,843
	1,025,000		AT&T, Inc		4.750		05/15/46		1,001,642
	750,000		AT&T, Inc		5.650		02/15/47		820,139
	2,100,000		AT&T, Inc		5.450		03/01/47		2,242,563
	1,425,000		AT&T, Inc		4.500		03/09/48		1,334,013
	955,000		AT&T, Inc		4.550		03/09/49		898,019
	1,250,000		AT&T, Inc		5.150		02/14/50		1,256,236
	500,000		AT&T, Inc		5.700		03/01/57		548,643
	2,750,000		AT&T, Inc		5.300		08/14/58		2,756,476
	1,085,000		British Telecommunications plc		2.350		02/14/19		1,086,073
	1,150,000		British Telecommunications plc		9.125		12/15/30		1,717,632
	2,850,000		Deutsche Telekom International Finance BV		6.000		07/08/19		3,004,875
	1,240,000		Deutsche Telekom International Finance BV		8.750		06/15/30		1,834,117
	1,200,000		France Telecom S.A.		4.125		09/14/21		1,268,099
	745,000		France Telecom S.A.		9.000		03/01/31		1,117,358
	600,000		France Telecom S.A.		5.375		01/13/42		723,204
	250,000		Koninklijke KPN NV		8.375		10/01/30		343,304
	500,000		Orange S.A.		1.625		11/03/19		493,715
	400,000		Orange S.A.		5.500		02/06/44		490,607
	200,000		Rogers Communications, Inc		4.100		10/01/23		209,831
	1,713,000		Rogers Communications, Inc		3.625		12/15/25		1,749,170
	200,000		Rogers Communications, Inc		2.900		11/15/26		193,726
	125,000		Rogers Communications, Inc		4.500		03/15/43		133,998
	300,000		Rogers Communications, Inc		5.450		10/01/43		363,420
	600,000		Rogers Communications, Inc		5.000		03/15/44		692,356
	2,020,000		Telefonica Emisiones SAU		5.134		04/27/20		2,138,267
	1,000,000		Telefonica Emisiones SAU		4.570		04/27/23		1,081,351
	1,175,000		Telefonica Emisiones SAU		4.103		03/08/27		1,213,786
	300,000		Telefonica Emisiones SAU		7.045		06/20/36		402,229
	1,300,000		Telefonica Emisiones SAU		5.213		03/08/47		1,474,009
	392,000		Telefonica Europe BV		8.250		09/15/30		552,506
	100,000		Telefonos de Mexico SAB de C.V.		5.500		11/15/19		105,634
	200,000		TELUS Corp		2.800		02/16/27		189,293
	200,000		TELUS Corp		3.700		09/15/27		204,477
	6,581,000		Verizon Communications, Inc		2.946		03/15/22		6,620,289
	1,350,000		Verizon Communications, Inc		4.150		03/15/24		1,419,644
	2,500,000		Verizon Communications, Inc		3.500		11/01/24		2,544,271
	4,213,000	g	Verizon Communications, Inc		3.376		02/15/25		4,227,935
	2,750,000		Verizon Communications, Inc		4.125		03/16/27		2,866,654
	1,500,000		Verizon Communications, Inc		4.500		08/10/33		1,572,259
	3,000,000		Verizon Communications, Inc		4.400		11/01/34		3,055,141
	3,400,000		Verizon Communications, Inc		4.272		01/15/36		3,379,980
	1,150,000		Verizon Communications, Inc		4.750		11/01/41		1,171,443
	1,425,000		Verizon Communications, Inc		3.850		11/01/42		1,287,888

111

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	750,000	Verizon Communications, Inc		5.500	%	03/16/47	$	853,828
	1,818,000	Verizon Communications, Inc		4.522		09/15/48		1,788,457
	284,000	Verizon Communications, Inc		5.012		04/15/49		297,589
	3,176,000	Verizon Communications, Inc		5.012		08/21/54		3,237,106
	3,654,000	Verizon Communications, Inc		4.672		03/15/55		3,524,350
	1,500,000	Vodafone Group plc		5.450		06/10/19		1,567,464
	650,000	Vodafone Group plc		4.375		03/16/21		687,753
	500,000	Vodafone Group plc		2.500		09/26/22		495,999
	800,000	Vodafone Group plc		2.950		02/19/23		803,166
	150,000	Vodafone Group plc		6.150		02/27/37		188,018
	1,200,000	Vodafone Group plc		4.375		02/19/43		1,235,844
		TOTAL TELECOMMUNICATION SERVICES						125,109,850
TRANSPORTATION - 0.7%
	500,000	ABB Finance USA, Inc		2.875		05/08/22		508,301
	150,000	ABB Finance USA, Inc		4.375		05/08/42		161,653
	388,955	American Airlines, Inc		3.000		10/15/28		380,199
	1,300,000	Boeing Co		1.650		10/30/20		1,282,394
	500,000	Boeing Co		2.850		10/30/24		504,641
	400,000	Boeing Co		2.600		10/30/25		394,461
	200,000	Boeing Co		2.250		06/15/26		189,984
	250,000	Boeing Co		2.800		03/01/27		247,497
	350,000	Boeing Co		5.875		02/15/40		466,235
	300,000	Boeing Co		3.375		06/15/46		291,245
	250,000	Boeing Co		3.650		03/01/47		252,783
	555,000	Burlington Northern Santa Fe LLC		4.700		10/01/19		578,443
	300,000	Burlington Northern Santa Fe LLC		3.050		03/15/22		306,239
	150,000	Burlington Northern Santa Fe LLC		3.050		09/01/22		152,930
	500,000	Burlington Northern Santa Fe LLC		3.850		09/01/23		528,523
	500,000	Burlington Northern Santa Fe LLC		3.750		04/01/24		529,145
	150,000	Burlington Northern Santa Fe LLC		3.400		09/01/24		155,333
	300,000	Burlington Northern Santa Fe LLC		3.000		04/01/25		302,239
	700,000	Burlington Northern Santa Fe LLC		3.650		09/01/25		735,941
	1,150,000	Burlington Northern Santa Fe LLC		3.250		06/15/27		1,176,046
	360,000	Burlington Northern Santa Fe LLC		5.750		05/01/40		468,733
	250,000	Burlington Northern Santa Fe LLC		5.050		03/01/41		301,361
	200,000	Burlington Northern Santa Fe LLC		4.400		03/15/42		224,495
	500,000	Burlington Northern Santa Fe LLC		5.150		09/01/43		617,697
	500,000	Burlington Northern Santa Fe LLC		4.900		04/01/44		598,841
	300,000	Burlington Northern Santa Fe LLC		4.550		09/01/44		343,179
	1,000,000	Burlington Northern Santa Fe LLC		4.150		04/01/45		1,085,692
	200,000	Burlington Northern Santa Fe LLC		4.700		09/01/45		234,105
	750,000	Burlington Northern Santa Fe LLC		3.900		08/01/46		795,188
	400,000	Burlington Northern Santa Fe LLC		4.125		06/15/47		437,865
	200,000	Canadian National Railway Co		5.550		03/01/19		207,601
	100,000	Canadian National Railway Co		2.850		12/15/21		101,127
	300,000	Canadian National Railway Co		2.250		11/15/22		293,748
	200,000	Canadian National Railway Co		2.950		11/21/24		202,283
	200,000	Canadian National Railway Co		6.900		07/15/28		264,776
	200,000	Canadian National Railway Co		6.250		08/01/34		270,267
	250,000	Canadian National Railway Co		3.500		11/15/42		244,105
	100,000	Canadian National Railway Co		4.500		11/07/43		113,270
	400,000	Canadian National Railway Co		3.200		08/02/46		387,264

112

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	1,800,000	Canadian Pacific Railway Co		2.900	%	02/01/25	$	1,785,390
	200,000	Canadian Pacific Railway Co		7.125		10/15/31		273,557
	250,000	Canadian Pacific Railway Co		5.950		05/15/37		325,185
	200,000	Canadian Pacific Railway Co		6.125		09/15/15		266,715
	200,000	Carnival Corp		3.950		10/15/20		208,786
	293,156	Continental Airlines, Inc		4.750		01/12/21		306,987
	24,444	Continental Airlines, Inc		5.983		04/19/22		26,652
	389,258	Continental Airlines, Inc		4.150		04/11/24		406,775
	159,487	Continental Airlines, Inc		4.000		10/29/24		166,241
	125,000	CSX Corp		3.700		11/01/23		129,662
	300,000	CSX Corp		3.400		08/01/24		308,262
	200,000	CSX Corp		3.350		11/01/25		203,292
	1,200,000	CSX Corp		2.600		11/01/26		1,144,795
	500,000	CSX Corp		3.250		06/01/27		499,364
	100,000	CSX Corp		6.000		10/01/36		128,132
	200,000	CSX Corp		6.150		05/01/37		262,241
	400,000	CSX Corp		5.500		04/15/41		493,940
	350,000	CSX Corp		4.400		03/01/43		378,652
	100,000	CSX Corp		4.100		03/15/44		104,082
	675,000	CSX Corp		3.800		11/01/46		670,494
	200,000	CSX Corp		3.950		05/01/50		198,803
	300,000	CSX Corp		4.500		08/01/54		315,525
	150,000	CSX Corp		4.250		11/01/66		149,707
	222,545	Delta Air Lines, Inc		5.300		04/15/19		230,045
	150,000	Delta Air Lines, Inc		2.875		03/13/20		150,999
	110,159	Delta Air Lines, Inc		4.750		05/07/20		114,565
	125,000	Delta Air Lines, Inc		2.600		12/04/20		124,598
	700,000	Delta Air Lines, Inc		3.625		03/15/22		710,257
	114,306	Delta Air Lines, Inc		3.625		07/30/27		118,537
	134,000	FedEx Corp		8.000		01/15/19		141,813
	100,000	FedEx Corp		2.300		02/01/20		99,983
	300,000	FedEx Corp		4.000		01/15/24		318,851
	100,000	FedEx Corp		3.200		02/01/25		101,251
	300,000	FedEx Corp		3.250		04/01/26		302,210
	400,000	FedEx Corp		3.300		03/15/27		402,569
	1,000,000	FedEx Corp		4.900		01/15/34		1,132,837
	200,000	FedEx Corp		3.900		02/01/35		203,036
	600,000	FedEx Corp		3.875		08/01/42		596,834
	750,000	FedEx Corp		4.750		11/15/45		839,090
	300,000	FedEx Corp		4.550		04/01/46		329,165
	200,000	FedEx Corp		4.400		01/15/47		213,208
	200,000	FedEx Corp		4.500		02/01/65		201,724
	200,000	GATX Corp		2.500		03/15/19		199,916
	100,000	GATX Corp		2.600		03/30/20		99,969
	500,000	GATX Corp		3.250		09/15/26		487,194
	200,000	GATX Corp		3.500		03/15/28		197,305
	225,000	GATX Corp		5.200		03/15/44		259,028
	200,000	JB Hunt Transport Services, Inc		3.300		08/15/22		202,570
	100,000	Kansas City Southern		3.000		05/15/23		99,119
	100,000	Kansas City Southern		3.125		06/01/26		96,825
	100,000	Kansas City Southern		4.300		05/15/43		105,030
	175,000	Kansas City Southern		4.950		08/15/45		199,321

113

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	100,000		Norfolk Southern Corp		3.250	%	12/01/21	$	102,457
	250,000		Norfolk Southern Corp		3.000		04/01/22		253,111
	1,291,000		Norfolk Southern Corp		2.903		02/15/23		1,297,041
	200,000		Norfolk Southern Corp		3.850		01/15/24		210,981
	81,000		Norfolk Southern Corp		5.590		05/17/25		92,877
	200,000		Norfolk Southern Corp		2.900		06/15/26		196,679
	300,000		Norfolk Southern Corp		3.150		06/01/27		299,147
	16,000		Norfolk Southern Corp		4.837		10/01/41		18,633
	750,000		Norfolk Southern Corp		3.950		10/01/42		767,742
	75,000		Norfolk Southern Corp		4.800		08/15/43		85,634
	300,000		Norfolk Southern Corp		4.450		06/15/45		334,160
	200,000		Norfolk Southern Corp		4.650		01/15/46		228,204
	128,000	g	Norfolk Southern Corp		3.942		11/01/47		131,244
	750,000		Northrop Grumman Corp		2.080		10/15/20		743,833
	650,000		Northrop Grumman Corp		3.500		03/15/21		670,250
	1,000,000		Northrop Grumman Corp		2.550		10/15/22		992,739
	400,000		Northrop Grumman Corp		3.250		08/01/23		408,112
	750,000		Northrop Grumman Corp		2.930		01/15/25		745,364
	300,000		Northrop Grumman Corp		3.200		02/01/27		301,036
	850,000		Northrop Grumman Corp		3.250		01/15/28		850,975
	100,000		Northrop Grumman Corp		5.050		11/15/40		117,194
	400,000		Northrop Grumman Corp		4.750		06/01/43		461,578
	300,000		Northrop Grumman Corp		3.850		04/15/45		302,091
	1,150,000		Northrop Grumman Corp		4.030		10/15/47		1,200,706
	500,000		Royal Caribbean Cruises Ltd		2.650		11/28/20		499,592
	500,000		Royal Caribbean Cruises Ltd		3.700		03/15/28		495,308
	200,000		Ryder System, Inc		2.450		11/15/18		200,499
	100,000		Ryder System, Inc		2.550		06/01/19		100,267
	200,000		Ryder System, Inc		2.450		09/03/19		200,200
	1,400,000		Ryder System, Inc		2.500		05/11/20		1,401,282
	200,000		Ryder System, Inc		2.250		09/01/21		196,883
	200,000		Ryder System, Inc		3.450		11/15/21		205,073
	500,000		Ryder System, Inc		2.500		09/01/22		490,954
	100,000		Southwest Airlines Co		2.750		11/06/19		100,705
	400,000		Southwest Airlines Co		2.650		11/05/20		401,597
	200,000		Southwest Airlines Co		2.750		11/16/22		199,757
	200,000		Southwest Airlines Co		3.000		11/15/26		194,099
	200,000		Southwest Airlines Co		3.450		11/16/27		198,916
	89,684		Spirit Airlines, Inc		4.100		04/01/28		93,083
	100,000		Union Pacific Corp		2.250		02/15/19		100,120
	450,000		Union Pacific Corp		2.250		06/19/20		450,534
	331,000		Union Pacific Corp		4.163		07/15/22		354,762
	500,000		Union Pacific Corp		2.950		01/15/23		508,393
	277,000		Union Pacific Corp		3.646		02/15/24		291,105
	200,000		Union Pacific Corp		3.750		03/15/24		211,341
	200,000		Union Pacific Corp		3.250		01/15/25		204,720
	200,000		Union Pacific Corp		3.250		08/15/25		205,298
	300,000		Union Pacific Corp		2.750		03/01/26		296,454
	1,000,000		Union Pacific Corp		3.000		04/15/27		1,004,682
	100,000		Union Pacific Corp		3.375		02/01/35		101,215
	100,000		Union Pacific Corp		3.600		09/15/37		103,526
	100,000		Union Pacific Corp		4.300		06/15/42		109,778
	150,000		Union Pacific Corp		4.250		04/15/43		164,349

114

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	200,000		Union Pacific Corp		4.050	%	11/15/45	$	215,967
	200,000		Union Pacific Corp		3.350		08/15/46		192,930
	300,000		Union Pacific Corp		4.000		04/15/47		324,244
	770,000		Union Pacific Corp		3.799		10/01/51		784,255
	200,000		Union Pacific Corp		3.875		02/01/55		202,976
	300,000		Union Pacific Corp		4.375		11/15/65		327,233
	200,000		Union Pacific Corp		4.100		09/15/67		208,409
	186,266	†	Union Pacific Railroad Co		2.695		05/12/27		180,957
	300,000		United Parcel Service, Inc		5.125		04/01/19		311,130
	1,105,000		United Parcel Service, Inc		3.125		01/15/21		1,132,098
	300,000		United Parcel Service, Inc		2.050		04/01/21		298,385
	500,000		United Parcel Service, Inc		2.350		05/16/22		497,690
	1,400,000		United Parcel Service, Inc		2.450		10/01/22		1,396,439
	500,000		United Parcel Service, Inc		2.500		04/01/23		497,145
	300,000		United Parcel Service, Inc		2.800		11/15/24		301,263
	125,000		United Parcel Service, Inc		2.400		11/15/26		119,056
	500,000		United Parcel Service, Inc		3.050		11/15/27		499,881
	35,000		United Parcel Service, Inc		6.200		01/15/38		48,139
	450,000		United Parcel Service, Inc		3.625		10/01/42		455,426
	400,000		United Parcel Service, Inc		3.400		11/15/46		386,489
	500,000		United Parcel Service, Inc		3.750		11/15/47		515,739
			TOTAL TRANSPORTATION						62,159,048
UTILITIES - 2.1%
	200,000	g	AEP Texas, Inc		2.400		10/01/22		197,000
	200,000	g	AEP Texas, Inc		3.800		10/01/47		205,429
	100,000		AEP Transmission Co LLC		3.100		12/01/26		100,171
	100,000	g	AEP Transmission Co LLC		3.100		12/01/26		100,171
	600,000		AEP Transmission Co LLC		4.000		12/01/46		634,871
	200,000	g	AEP Transmission Co LLC		3.750		12/01/47		205,481
	370,000		AGL Capital Corp		5.250		08/15/19		384,744
	400,000		AGL Capital Corp		3.250		06/15/26		396,928
	275,000		AGL Capital Corp		4.400		06/01/43		292,270
	200,000		Alabama Power Co		2.450		03/30/22		198,721
	475,000		Alabama Power Co		3.550		12/01/23		490,361
	200,000		Alabama Power Co		3.850		12/01/42		206,325
	400,000		Alabama Power Co		3.750		03/01/45		409,593
	300,000		Alabama Power Co		4.300		01/02/46		334,759
	750,000		Alabama Power Co		3.700		12/01/47		764,876
	300,000		Ameren Corp		2.700		11/15/20		300,968
	600,000		Ameren Illinois Co		2.700		09/01/22		601,752
	370,000		Ameren Illinois Co		3.250		03/01/25		377,010
	125,000		Ameren Illinois Co		4.150		03/15/46		137,599
	500,000		Ameren Illinois Co		3.700		12/01/47		511,098
	125,000		American Electric Power Co, Inc		2.150		11/13/20		124,408
	200,000		American Electric Power Co, Inc		3.200		11/13/27		198,517
	500,000		American Water Capital Corp		3.850		03/01/24		525,541
	300,000		American Water Capital Corp		3.400		03/01/25		309,081
	200,000		American Water Capital Corp		2.950		09/01/27		197,872
	225,000		American Water Capital Corp		4.300		12/01/42		248,006
	150,000		American Water Capital Corp		4.300		09/01/45		166,752
	100,000		American Water Capital Corp		4.000		12/01/46		106,653

115

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	825,000	American Water Capital Corp		3.750	%	09/01/47	$	850,450
	200,000	Appalachian Power Co		3.300		06/01/27		200,552
	140,000	Appalachian Power Co		7.000		04/01/38		199,171
	150,000	Arizona Public Service Co		8.750		03/01/19		160,762
	200,000	Arizona Public Service Co		2.950		09/15/27		196,921
	350,000	Arizona Public Service Co		4.500		04/01/42		394,588
	200,000	Arizona Public Service Co		4.350		11/15/45		223,318
	410,000	Arizona Public Service Co		3.750		05/15/46		421,796
	100,000	Atmos Energy Corp		8.500		03/15/19		107,489
	650,000	Atmos Energy Corp		3.000		06/15/27		646,551
	100,000	Atmos Energy Corp		5.500		06/15/41		126,068
	125,000	Atmos Energy Corp		4.150		01/15/43		134,242
	300,000	Atmos Energy Corp		4.125		10/15/44		327,303
	275,000	Avangrid, Inc		3.150		12/01/24		273,497
	100,000	Baltimore Gas & Electric Co		3.500		11/15/21		103,522
	400,000	Baltimore Gas & Electric Co		3.350		07/01/23		409,998
	200,000	Baltimore Gas & Electric Co		2.400		08/15/26		188,819
	150,000	Baltimore Gas & Electric Co		3.500		08/15/46		146,821
	200,000	Baltimore Gas & Electric Co		3.750		08/15/47		204,706
	325,000	Berkshire Hathaway Energy Co		2.400		02/01/20		326,500
	200,000	Berkshire Hathaway Energy Co		3.750		11/15/23		208,232
	350,000	Berkshire Hathaway Energy Co		3.500		02/01/25		360,779
	200,000	Berkshire Hathaway Energy Co		5.150		11/15/43		242,910
	500,000	Berkshire Hathaway Energy Co		4.500		02/01/45		558,465
	200,000	Black Hills Corp		4.250		11/30/23		209,285
	100,000	Black Hills Corp		3.950		01/15/26		103,483
	100,000	Black Hills Corp		3.150		01/15/27		97,422
	200,000	Black Hills Corp		4.200		09/15/46		203,962
	785,000	Carolina Power & Light Co		5.300		01/15/19		810,236
	350,000	Carolina Power & Light Co		3.000		09/15/21		356,803
	150,000	Carolina Power & Light Co		2.800		05/15/22		151,382
	100,000	Carolina Power & Light Co		4.100		05/15/42		108,205
	300,000	Carolina Power & Light Co		4.100		03/15/43		325,533
	400,000	CenterPoint Energy Houston Electric LLC		2.250		08/01/22		394,170
	200,000	CenterPoint Energy Houston Electric LLC		2.400		09/01/26		190,119
	300,000	CenterPoint Energy Houston Electric LLC		3.000		02/01/27		298,461
	100,000	CenterPoint Energy Houston Electric LLC		6.950		03/15/33		139,061
	100,000	CenterPoint Energy Houston Electric LLC		3.550		08/01/42		99,618
	300,000	CenterPoint Energy Houston Electric LLC		4.500		04/01/44		348,215
	423,000	CenterPoint Energy Resources Corp		4.500		01/15/21		442,375
	200,000	CenterPoint Energy Resources Corp		4.100		09/01/47		209,945
	200,000	CenterPoint Energy, Inc		2.500		09/01/22		196,964
	200,000	Cleco Corporate Holdings LLC		3.743		05/01/26		200,692
	200,000	Cleco Corporate Holdings LLC		4.973		05/01/46		220,465
	790,000	CMS Energy Corp		3.450		08/15/27		796,750
	300,000	Columbia Pipeline Group, Inc		3.300		06/01/20		304,266
	300,000	Columbia Pipeline Group, Inc		4.500		06/01/25		319,350
	300,000	Columbia Pipeline Group, Inc		5.800		06/01/45		374,143
	775,000	Commonwealth Edison Co		4.000		08/01/20		803,922
	250,000	Commonwealth Edison Co		2.550		06/15/26		241,696
	825,000	Commonwealth Edison Co		2.950		08/15/27		815,406
	387,000	Commonwealth Edison Co		5.900		03/15/36		506,943
	200,000	Commonwealth Edison Co		3.800		10/01/42		207,099

116

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	300,000	Commonwealth Edison Co		4.600	%	08/15/43	$	344,874
	300,000	Commonwealth Edison Co		4.700		01/15/44		353,229
	100,000	Commonwealth Edison Co		3.700		03/01/45		101,713
	250,000	Commonwealth Edison Co		3.650		06/15/46		252,271
	400,000	Commonwealth Edison Co		3.750		08/15/47		415,244
	200,000	Connecticut Light & Power Co		2.500		01/15/23		198,347
	125,000	Connecticut Light & Power Co		3.200		03/15/27		126,751
	400,000	Connecticut Light & Power Co		4.300		04/15/44		450,726
	250,000	Connecticut Light & Power Co		4.150		06/01/45		275,478
	60,000	Consolidated Edison Co of New York, Inc		6.650		04/01/19		63,190
	1,390,000	Consolidated Edison Co of New York, Inc		4.450		06/15/20		1,461,821
	300,000	Consolidated Edison Co of New York, Inc		3.125		11/15/27		302,488
	325,000	Consolidated Edison Co of New York, Inc		5.700		06/15/40		422,648
	200,000	Consolidated Edison Co of New York, Inc		4.200		03/15/42		216,972
	550,000	Consolidated Edison Co of New York, Inc		3.950		03/01/43		578,665
	600,000	Consolidated Edison Co of New York, Inc		4.450		03/15/44		682,971
	150,000	Consolidated Edison Co of New York, Inc		4.500		12/01/45		172,355
	400,000	Consolidated Edison Co of New York, Inc		3.850		06/15/46		416,186
	400,000	Consolidated Edison Co of New York, Inc		3.875		06/15/47		417,919
	200,000	Consolidated Edison Co of New York, Inc		4.625		12/01/54		228,700
	200,000	Consolidated Edison Co of New York, Inc		4.300		12/01/56		217,998
	300,000	Consolidated Edison Co of New York, Inc		4.000		11/15/57		313,741
	200,000	Consolidated Edison, Inc		2.000		03/15/20		198,898
	100,000	Consolidated Edison, Inc		2.000		05/15/21		98,463
	730,000	Consumers Energy Co		6.125		03/15/19		763,179
	150,000	Consumers Energy Co		2.850		05/15/22		151,459
	200,000	Consumers Energy Co		3.375		08/15/23		205,361
	250,000	Consumers Energy Co		3.950		05/15/43		265,050
	100,000	Consumers Energy Co		3.250		08/15/46		95,928
	100,000	Consumers Energy Co		3.950		07/15/47		108,314
	200,000	Delmarva Power & Light Co		3.500		11/15/23		206,618
	200,000	Delmarva Power & Light Co		4.150		05/15/45		218,719
	500,000	Dominion Energy, Inc		2.579		07/01/20		500,177
	150,000	Dominion Gas Holdings LLC		2.500		12/15/19		150,164
	250,000	Dominion Gas Holdings LLC		2.800		11/15/20		251,902
	200,000	Dominion Gas Holdings LLC		3.550		11/01/23		204,113
	200,000	Dominion Gas Holdings LLC		3.600		12/15/24		204,006
	200,000	Dominion Gas Holdings LLC		4.800		11/01/43		223,892
	200,000	Dominion Gas Holdings LLC		4.600		12/15/44		219,843
	150,000	Dominion Resources, Inc		1.600		08/15/19		148,334
	1,700,000	Dominion Resources, Inc		4.450		03/15/21		1,794,913
	125,000	Dominion Resources, Inc		2.000		08/15/21		122,136
	200,000	Dominion Resources, Inc		3.625		12/01/24		206,942
	150,000	Dominion Resources, Inc		2.850		08/15/26		144,821
	200,000	Dominion Resources, Inc		5.950		06/15/35		252,441
	100,000	Dominion Resources, Inc		4.050		09/15/42		102,818
	200,000	Dominion Resources, Inc		4.700		12/01/44		226,610
	300,000	Dominion Resources, Inc		5.750		10/01/54		324,000
	400,000	Dominion Resources, Inc		2.962		07/01/19		403,059
	600,000	Dominion Resources, Inc		4.104		04/01/21		624,331
	100,000	DTE Electric Co		3.700		06/01/46		103,266
	500,000	DTE Electric Co		3.750		08/15/47		519,630

117

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	DTE Energy Co		3.300	%	06/15/22	$	202,892
	200,000	DTE Energy Co		3.800		03/15/27		206,205
	400,000	DTE Energy Electric Company		3.450		10/01/20		411,296
	200,000	DTE Energy Electric Company		3.850		12/01/23		207,931
	200,000	DTE Energy Electric Company		3.650		03/15/24		209,873
	200,000	DTE Energy Electric Company		3.500		06/01/24		204,514
	200,000	DTE Energy Electric Company		4.000		04/01/43		214,399
	200,000	DTE Energy Electric Company		4.300		07/01/44		224,117
	300,000	DTE Energy Electric Company		3.700		03/15/45		308,829
	125,000	Duke Energy Carolinas LLC		4.300		06/15/20		130,916
	200,000	Duke Energy Carolinas LLC		2.500		03/15/23		198,184
	200,000	Duke Energy Carolinas LLC		2.950		12/01/26		198,441
	500,000	Duke Energy Carolinas LLC		4.000		09/30/42		532,987
	300,000	Duke Energy Carolinas LLC		3.750		06/01/45		308,679
	200,000	Duke Energy Carolinas LLC		3.875		03/15/46		209,542
	500,000	Duke Energy Carolinas LLC		3.700		12/01/47		514,552
	746,000	Duke Energy Corp		5.050		09/15/19		779,475
	250,000	Duke Energy Corp		1.800		09/01/21		243,137
	300,000	Duke Energy Corp		3.050		08/15/22		303,254
	300,000	Duke Energy Corp		3.950		10/15/23		314,864
	1,375,000	Duke Energy Corp		2.650		09/01/26		1,317,110
	300,000	Duke Energy Corp		4.800		12/15/45		346,396
	2,000,000	Duke Energy Corp		3.750		09/01/46		1,975,907
	1,200,000	Duke Energy Florida LLC		3.200		01/15/27		1,214,536
	500,000	Duke Energy Florida LLC		3.400		10/01/46		483,096
	300,000	Duke Energy Indiana LLC		3.750		05/15/46		307,430
	200,000	Duke Energy Indiana, Inc		4.900		07/15/43		240,452
	200,000	Duke Energy Ohio, Inc		3.700		06/15/46		203,142
	300,000	Duke Energy Progress LLC		3.250		08/15/25		306,170
	300,000	Duke Energy Progress LLC		4.200		08/15/45		330,550
	500,000	Duke Energy Progress LLC		3.700		10/15/46		510,182
	200,000	Duke Energy Progress LLC		3.600		09/15/47		200,296
	400,000	Duke Energy Progress, Inc		4.375		03/30/44		454,157
	500,000	Duke Energy Progress, Inc		4.150		12/01/44		544,873
	200,000	Edison International		2.125		04/15/20		198,235
	200,000	Edison International		2.400		09/15/22		195,642
	200,000	Edison International		2.950		03/15/23		200,283
	200,000	El Paso Electric Co		5.000		12/01/44		220,515
	300,000	Emera US Finance LP		2.150		06/15/19		298,806
	300,000	Emera US Finance LP		2.700		06/15/21		299,239
	800,000	Emera US Finance LP		3.550		06/15/26		802,084
	300,000	Emera US Finance LP		4.750		06/15/46		328,155
	50,000	Empresa Nacional de Electricidad S.A.		4.250		04/15/24		52,229
	800,000	Enbridge, Inc		2.900		07/15/22		795,055
	300,000	Enbridge, Inc		4.000		10/01/23		312,194
	100,000	Enbridge, Inc		4.250		12/01/26		104,536
	100,000	Enbridge, Inc		3.700		07/15/27		100,393
	300,000	Enbridge, Inc		4.500		06/10/44		310,817
	625,000	Enbridge, Inc		5.500		12/01/46		750,887
	400,000	Enbridge, Inc		5.500		07/15/77		397,924
	44,000	Energy Transfer Partners LP		9.700		03/15/19		47,617
	1,250,000	Energy Transfer Partners LP		4.150		10/01/20		1,290,722
	500,000	Energy Transfer Partners LP		4.650		06/01/21		524,778

118

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	Energy Transfer Partners LP		5.200	%	02/01/22	$	213,504
	200,000	Energy Transfer Partners LP		3.600		02/01/23		200,086
	500,000	Energy Transfer Partners LP		4.900		02/01/24		528,653
	400,000	Energy Transfer Partners LP		4.050		03/15/25		399,610
	1,000,000	Energy Transfer Partners LP		4.750		01/15/26		1,037,235
	250,000	Energy Transfer Partners LP		4.200		04/15/27		248,631
	400,000	Energy Transfer Partners LP		4.900		03/15/35		395,424
	140,000	Energy Transfer Partners LP		7.500		07/01/38		173,479
	450,000	Energy Transfer Partners LP		6.500		02/01/42		512,068
	200,000	Energy Transfer Partners LP		5.150		02/01/43		189,247
	200,000	Energy Transfer Partners LP		5.950		10/01/43		212,488
	400,000	Energy Transfer Partners LP		5.150		03/15/45		390,131
	500,000	Energy Transfer Partners LP		6.125		12/15/45		542,542
	250,000	Energy Transfer Partners LP		5.300		04/15/47		248,229
	125,000	Entergy Arkansas, Inc		3.750		02/15/21		129,517
	175,000	Entergy Arkansas, Inc		3.700		06/01/24		183,706
	600,000	Entergy Arkansas, Inc		3.500		04/01/26		618,986
	200,000	Entergy Corp		5.125		09/15/20		211,282
	200,000	Entergy Corp		4.000		07/15/22		208,763
	300,000	Entergy Corp		2.950		09/01/26		291,802
	200,000	Entergy Louisiana LLC		4.050		09/01/23		211,962
	200,000	Entergy Louisiana LLC		2.400		10/01/26		189,271
	200,000	Entergy Louisiana LLC		3.120		09/01/27		199,429
	200,000	Entergy Louisiana LLC		3.250		04/01/28		200,998
	300,000	Entergy Louisiana LLC		4.950		01/15/45		315,160
	200,000	Entergy Mississippi, Inc		2.850		06/01/28		193,582
	225,000	Entergy Texas, Inc		7.125		02/01/19		236,357
	300,000	EQT Midstream Partners LP		4.000		08/01/24		301,087
	200,000	EQT Midstream Partners LP		4.125		12/01/26		199,109
	300,000	Eversource Energy		2.750		03/15/22		300,508
	300,000	Eversource Energy		2.900		10/01/24		297,648
	825,000	Exelon Corp		2.850		06/15/20		832,377
	1,122,000	Exelon Corp		2.450		04/15/21		1,116,806
	1,000,000	Exelon Corp		3.497		06/01/22		1,018,975
	300,000	Exelon Corp		3.950		06/15/25		312,568
	200,000	Exelon Corp		3.400		04/15/26		200,014
	500,000	Exelon Corp		4.950		06/15/35		569,798
	200,000	Exelon Corp		4.450		04/15/46		217,147
	150,000	Exelon Generation Co LLC		3.400		03/15/22		152,503
	200,000	Exelon Generation Co LLC		4.250		06/15/22		209,832
	371,000	Exelon Generation Co LLC		5.600		06/15/42		406,482
	500,000	FirstEnergy Corp		2.850		07/15/22		495,390
	1,750,000	FirstEnergy Corp		3.900		07/15/27		1,792,619
	500,000	FirstEnergy Corp		4.850		07/15/47		557,490
	400,000	Florida Power & Light Co		2.750		06/01/23		400,918
	500,000	Florida Power & Light Co		3.250		06/01/24		513,912
	907,000	Florida Power & Light Co		3.125		12/01/25		922,011
	400,000	Florida Power & Light Co		5.250		02/01/41		501,729
	100,000	Florida Power & Light Co		4.125		02/01/42		110,354
	200,000	Florida Power & Light Co		4.050		06/01/42		219,100
	450,000	Florida Power & Light Co		3.800		12/15/42		471,405
	400,000	Florida Power & Light Co		4.050		10/01/44		436,966

119

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	500,000		Florida Power & Light Co		3.700	%	12/01/47	$	520,630
	1,200,000		Florida Power Corp		3.100		08/15/21		1,226,677
	165,000		Florida Power Corp		6.400		06/15/38		232,049
	300,000		Florida Power Corp		3.850		11/15/42		314,128
	175,000		Fortis, Inc		2.100		10/04/21		170,803
	675,000		Fortis, Inc		3.055		10/04/26		651,561
	500,000		Georgia Power Co		2.000		09/08/20		497,091
	100,000		Georgia Power Co		3.250		04/01/26		100,245
	700,000		Georgia Power Co		3.250		03/30/27		702,115
	177,000		Georgia Power Co		5.950		02/01/39		222,929
	700,000		Georgia Power Co		4.300		03/15/43		744,717
	200,000		Great Plains Energy, Inc		4.850		06/01/21		211,814
	200,000		Gulf Power Co		3.300		05/30/27		201,189
	80,000		Indiana Michigan Power Co		7.000		03/15/19		84,339
	225,000		Indiana Michigan Power Co		4.550		03/15/46		256,389
	100,000		Indiana Michigan Power Co		3.750		07/01/47		101,549
	500,000		Interstate Power & Light Co		3.250		12/01/24		506,263
	100,000		Interstate Power & Light Co		6.250		07/15/39		133,802
	100,000		Interstate Power & Light Co		3.700		09/15/46		100,038
	300,000	g	ITC Holdings Corp		2.700		11/15/22		299,416
	300,000		ITC Holdings Corp		3.650		06/15/24		307,695
	100,000		ITC Holdings Corp		3.250		06/30/26		99,401
	300,000	g	ITC Holdings Corp		3.350		11/15/27		300,126
	200,000		Kansas City Power & Light Co		3.650		08/15/25		204,664
	100,000		Kansas City Power & Light Co		5.300		10/01/41		118,283
	150,000		Kansas City Power & Light Co		4.200		06/15/47		158,664
	20,000	g	Kansas Gas & Electric		6.700		06/15/19		21,187
	250,000		KeySpan Corp		5.803		04/01/35		310,763
	320,000		LG&E and KU Energy LLC		3.750		11/15/20		330,124
	225,000		Louisville Gas & Electric Co		3.300		10/01/25		230,634
	880,000		Metropolitan Edison Co		7.700		01/15/19		927,373
	300,000		MidAmerican Energy Co		2.400		03/15/19		301,168
	300,000		MidAmerican Energy Co		3.500		10/15/24		312,968
	1,500,000		MidAmerican Energy Co		3.100		05/01/27		1,507,187
	200,000		MidAmerican Energy Co		4.800		09/15/43		240,018
	200,000		MidAmerican Energy Co		4.400		10/15/44		227,496
	200,000		MidAmerican Energy Co		4.250		05/01/46		224,315
	500,000		MidAmerican Energy Co		3.950		08/01/47		533,787
	1,032,000		MidAmerican Energy Holdings Co		5.950		05/15/37		1,351,099
	750,000		Mississippi Power Co		4.250		03/15/42		732,567
	1,000,000		MPLX LP		4.875		12/01/24		1,077,665
	1,500,000		MPLX LP		4.875		06/01/25		1,607,222
	200,000		MPLX LP		5.200		03/01/47		219,297
	100,000		National Fuel Gas Co		4.900		12/01/21		105,302
	200,000		National Fuel Gas Co		3.750		03/01/23		202,604
	300,000		National Fuel Gas Co		5.200		07/15/25		321,709
	200,000		National Fuel Gas Co		3.950		09/15/27		199,146
	45,000		Nevada Power Co		7.125		03/15/19		47,587
	100,000	g	New England Power Co		3.800		12/05/47		102,136
	125,000		NextEra Energy Capital Holdings, Inc		2.300		04/01/19		124,922
	100,000		NextEra Energy Capital Holdings, Inc		2.700		09/15/19		100,602
	500,000		NextEra Energy Capital Holdings, Inc		4.500		06/01/21		529,066
	300,000		NextEra Energy Capital Holdings, Inc		2.800		01/15/23		299,846

120

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	750,000		NextEra Energy Capital Holdings, Inc		3.550	%	05/01/27	$	763,766
	150,000		NiSource Finance Corp		2.650		11/17/22		148,848
	800,000		NiSource Finance Corp		3.490		05/15/27		814,040
	100,000		NiSource Finance Corp		5.950		06/15/41		128,125
	200,000		NiSource Finance Corp		5.250		02/15/43		239,292
	150,000		NiSource Finance Corp		4.800		02/15/44		169,655
	815,000		NiSource Finance Corp		5.650		02/01/45		1,019,699
	200,000		NiSource Finance Corp		3.950		03/30/48		204,680
	300,000		Northeast Utilities		2.800		05/01/23		298,469
	800,000		Northern States Power Co		2.200		08/15/20		799,248
	150,000		Northern States Power Co		2.150		08/15/22		147,671
	300,000		Northern States Power Co		2.600		05/15/23		298,811
	425,000		Northern States Power Co		5.350		11/01/39		533,096
	200,000		Northern States Power Co		3.400		08/15/42		197,755
	150,000		Northern States Power Co		4.000		08/15/45		162,254
	175,000		Northern States Power Co		3.600		05/15/46		176,847
	300,000		Northern States Power Co		3.600		09/15/47		304,955
	200,000		NorthWestern Corp		4.176		11/15/44		215,727
	200,000		NSTAR Electric Co		2.375		10/15/22		196,749
	300,000		NSTAR Electric Co		3.200		05/15/27		303,545
	500,000		Oglethorpe Power Corp		5.250		09/01/50		574,271
	600,000		Ohio Power Co		5.375		10/01/21		659,573
	200,000		Oklahoma Gas & Electric Co		4.150		04/01/47		217,393
	200,000		Oklahoma Gas & Electric Co		3.850		08/15/47		207,988
	150,000		Oncor Electric Delivery Co LLC		4.100		06/01/22		157,976
	400,000		Oncor Electric Delivery Co LLC		2.950		04/01/25		398,992
	70,000		Oncor Electric Delivery Co LLC		7.250		01/15/33		98,831
	100,000		Oncor Electric Delivery Co LLC		5.250		09/30/40		124,586
	550,000		Oncor Electric Delivery Co LLC		4.550		12/01/41		635,167
	150,000		Oncor Electric Delivery Co LLC		5.300		06/01/42		188,541
	300,000		Oncor Electric Delivery Co LLC		3.750		04/01/45		309,171
	400,000	g	Oncor Electric Delivery Co LLC		3.800		09/30/47		415,148
	400,000		ONEOK Partners LP		3.375		10/01/22		402,752
	200,000		ONEOK Partners LP		5.000		09/15/23		214,260
	700,000		ONEOK Partners LP		4.900		03/15/25		750,394
	130,000		ONEOK Partners LP		6.650		10/01/36		159,457
	250,000		ONEOK Partners LP		6.850		10/15/37		311,674
	100,000		ONEOK Partners LP		6.125		02/01/41		116,625
	750,000		Pacific Gas & Electric Co		3.500		10/01/20		768,439
	400,000		Pacific Gas & Electric Co		3.250		06/15/23		403,836
	175,000		Pacific Gas & Electric Co		3.850		11/15/23		182,472
	200,000		Pacific Gas & Electric Co		3.750		02/15/24		207,306
	500,000		Pacific Gas & Electric Co		3.400		08/15/24		509,426
	900,000		Pacific Gas & Electric Co		3.500		06/15/25		919,875
	1,200,000		Pacific Gas & Electric Co		3.300		03/15/27		1,190,560
	300,000	g	Pacific Gas & Electric Co		3.300		12/01/27		297,359
	420,000		Pacific Gas & Electric Co		6.050		03/01/34		529,061
	600,000		Pacific Gas & Electric Co		5.400		01/15/40		723,136
	150,000		Pacific Gas & Electric Co		3.750		08/15/42		144,400
	400,000		Pacific Gas & Electric Co		4.600		06/15/43		436,834
	200,000		Pacific Gas & Electric Co		5.125		11/15/43		233,279
	300,000		Pacific Gas & Electric Co		4.750		02/15/44		332,290

121

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	300,000		Pacific Gas & Electric Co		4.300	%	03/15/45	$	313,193
	200,000		Pacific Gas & Electric Co		4.250		03/15/46		209,718
	600,000		Pacific Gas & Electric Co		4.000		12/01/46		600,055
	800,000	g	Pacific Gas & Electric Co		3.950		12/01/47		794,345
	250,000		PacifiCorp		2.950		02/01/22		253,881
	200,000		PacifiCorp		2.950		06/01/23		203,945
	300,000		PacifiCorp		3.600		04/01/24		313,546
	850,000		PacifiCorp		6.000		01/15/39		1,141,364
	200,000		PECO Energy Co		1.700		09/15/21		194,378
	150,000		PECO Energy Co		2.375		09/15/22		148,631
	200,000		PECO Energy Co		3.150		10/15/25		201,379
	200,000		PECO Energy Co		4.150		10/01/44		218,378
	200,000		PECO Energy Co		3.700		09/15/47		205,102
	300,000		PG&E Corp		2.400		03/01/19		300,158
	200,000		Phillips 66 Partners LP		2.646		02/15/20		199,985
	100,000		Phillips 66 Partners LP		3.550		10/01/26		99,085
	175,000		Phillips 66 Partners LP		3.750		03/01/28		175,026
	425,000		Phillips 66 Partners LP		4.680		02/15/45		436,160
	100,000		Phillips 66 Partners LP		4.900		10/01/46		105,703
	200,000		Piedmont Natural Gas Co, Inc		4.650		08/01/43		229,350
	200,000		Pinnacle West Capital Corp		2.250		11/30/20		199,039
	200,000		Potomac Electric Power Co		3.600		03/15/24		209,285
	900,000		Potomac Electric Power Co		4.150		03/15/43		980,432
	300,000		PPL Capital Funding, Inc		4.200		06/15/22		316,963
	200,000		PPL Capital Funding, Inc		3.500		12/01/22		205,602
	400,000		PPL Capital Funding, Inc		3.400		06/01/23		408,017
	1,100,000		PPL Capital Funding, Inc		3.950		03/15/24		1,150,582
	175,000		PPL Capital Funding, Inc		3.100		05/15/26		171,233
	200,000		PPL Capital Funding, Inc		4.000		09/15/47		205,310
	300,000		PPL Electric Utilities Corp		4.750		07/15/43		356,658
	200,000		PPL Electric Utilities Corp		4.125		06/15/44		218,119
	275,000		PPL Electric Utilities Corp		4.150		10/01/45		305,863
	500,000		PPL Electric Utilities Corp		3.950		06/01/47		539,899
	300,000		Progress Energy, Inc		3.150		04/01/22		303,837
	900,000		Progress Energy, Inc		7.750		03/01/31		1,259,273
	500,000		PSEG Power LLC		3.000		06/15/21		504,347
	150,000		Public Service Co of Colorado		2.250		09/15/22		147,627
	150,000		Public Service Co of Colorado		3.600		09/15/42		151,423
	100,000		Public Service Co of Colorado		4.300		03/15/44		111,322
	200,000		Public Service Co of Colorado		3.800		06/15/47		209,520
	100,000		Public Service Electric & Gas Co		1.900		03/15/21		98,469
	300,000		Public Service Electric & Gas Co		2.250		09/15/26		282,112
	200,000		Public Service Electric & Gas Co		3.000		05/15/27		198,783
	200,000		Public Service Electric & Gas Co		3.950		05/01/42		213,733
	100,000		Public Service Electric & Gas Co		3.650		09/01/42		102,661
	200,000		Public Service Electric & Gas Co		3.800		01/01/43		209,518
	600,000		Public Service Electric & Gas Co		3.800		03/01/46		630,547
	200,000		Public Service Electric & Gas Co		3.600		12/01/47		204,580
	200,000		Public Service Enterprise Group, Inc		1.600		11/15/19		196,682
	500,000		Public Service Enterprise Group, Inc		2.000		11/15/21		488,067
	500,000		Public Service Enterprise Group, Inc		2.650		11/15/22		495,533
	1,585,000		Puget Energy, Inc		3.650		05/15/25		1,624,513
	250,000		Puget Sound Energy, Inc		5.757		10/01/39		328,046

122

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	Puget Sound Energy, Inc		4.300	%	05/20/45	$	225,922
	150,000	San Diego Gas & Electric Co		3.000		08/15/21		153,291
	400,000	San Diego Gas & Electric Co		3.600		09/01/23		415,159
	800,000	San Diego Gas & Electric Co		2.500		05/15/26		770,602
	300,000	San Diego Gas & Electric Co		3.750		06/01/47		314,895
	700,000	SCANA Corp		4.750		05/15/21		725,776
	100,000	SCANA Corp		4.125		02/01/22		102,116
	250,000	Scottish Power Ltd		5.810		03/15/25		287,193
	100,000	Sempra Energy		1.625		10/07/19		98,743
	200,000	Sempra Energy		2.850		11/15/20		201,771
	150,000	Sempra Energy		2.875		10/01/22		149,783
	500,000	Sempra Energy		4.050		12/01/23		522,921
	200,000	Sempra Energy		3.550		06/15/24		204,928
	200,000	Sempra Energy		3.750		11/15/25		206,495
	1,300,000	Sempra Energy		3.250		06/15/27		1,293,258
	260,000	Sempra Energy		6.000		10/15/39		335,234
	1,869,000	Sierra Pacific Power Co		2.600		05/01/26		1,805,511
	50,000	South Carolina Electric & Gas Co		5.300		05/15/33		56,609
	125,000	South Carolina Electric & Gas Co		5.450		02/01/41		147,657
	250,000	South Carolina Electric & Gas Co		4.350		02/01/42		260,955
	300,000	South Carolina Electric & Gas Co		4.600		06/15/43		323,814
	500,000	South Carolina Electric & Gas Co		4.100		06/15/46		507,573
	200,000	South Carolina Electric & Gas Co		4.500		06/01/64		207,184
	280,000	Southern California Edison Co		3.875		06/01/21		292,969
	500,000	Southern California Edison Co		2.400		02/01/22		496,350
	400,000	Southern California Edison Co		3.500		10/01/23		414,183
	185,000	Southern California Edison Co		6.050		03/15/39		247,607
	300,000	Southern California Edison Co		4.500		09/01/40		337,680
	200,000	Southern California Edison Co		4.050		03/15/42		214,568
	500,000	Southern California Edison Co		3.900		03/15/43		525,553
	500,000	Southern California Edison Co		4.650		10/01/43		585,473
	450,000	Southern California Edison Co		3.600		02/01/45		453,260
	700,000	Southern California Edison Co		4.000		04/01/47		751,118
	200,000	Southern California Gas Co		3.150		09/15/24		203,453
	200,000	Southern California Gas Co		3.200		06/15/25		204,410
	200,000	Southern California Gas Co		2.600		06/15/26		193,685
	150,000	Southern California Gas Co		3.750		09/15/42		156,368
	400,000	Southern Co		1.850		07/01/19		397,543
	300,000	Southern Co		2.750		06/15/20		301,881
	400,000	Southern Co		2.350		07/01/21		397,586
	400,000	Southern Co		2.950		07/01/23		400,134
	1,400,000	Southern Co		3.250		07/01/26		1,372,641
	400,000	Southern Co		4.250		07/01/36		421,223
	400,000	Southern Co		4.400		07/01/46		425,600
	300,000	Southern Co		5.500		03/15/57		318,075
	200,000	Southern Co Gas Capital Corp		2.450		10/01/23		193,524
	100,000	Southern Co Gas Capital Corp		3.950		10/01/46		99,195
	200,000	Southern Co Gas Capital Corp		4.400		05/30/47		214,072
	550,000	Southern Natural Gas Co		4.400		06/15/21		575,506
	300,000	Southern Power Co		1.950		12/15/19		297,498
	500,000	Southern Power Co		2.375		06/01/20		498,868
	300,000	Southern Power Co		2.500		12/15/21		297,170

123

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	Southern Power Co		4.150	%	12/01/25	$	210,715
	300,000	Southern Power Co		4.950		12/15/46		328,778
	100,000	Southwest Gas Corp		3.800		09/29/46		100,368
	500,000	Southwestern Electric Power Co		2.750		10/01/26		481,406
	400,000	Southwestern Electric Power Co		6.200		03/15/40		533,687
	600,000	Southwestern Public Service Co		4.500		08/15/41		684,369
	300,000	Southwestern Public Service Co		3.400		08/15/46		292,626
	225,000	Southwestern Public Service Co		3.700		08/15/47		230,010
	200,000	Spectra Energy Partners LP		4.750		03/15/24		217,394
	400,000	Spectra Energy Partners LP		3.500		03/15/25		401,594
	1,100,000	Spectra Energy Partners LP		3.375		10/15/26		1,086,773
	200,000	Spectra Energy Partners LP		5.950		09/25/43		243,027
	300,000	Spectra Energy Partners LP		4.500		03/15/45		309,449
	100,000	Tampa Electric Co		4.100		06/15/42		103,657
	175,000	Tampa Electric Co		4.350		05/15/44		190,209
	300,000	TC PipeLines LP		4.375		03/13/25		312,020
	200,000	TC PipeLines LP		3.900		05/25/27		200,943
	200,000	TECO Finance, Inc		5.150		03/15/20		210,482
	200,000	Tennessee Gas Pipeline Co		7.000		10/15/28		242,270
	12,000	Toledo Edison Co		7.250		05/01/20		13,023
	300,000	Toledo Edison Co		6.150		05/15/37		386,382
	300,000	TransAlta Corp		4.500		11/15/22		303,189
	500,000	Transcontinental Gas Pipe Line Co LLC		7.850		02/01/26		638,941
	125,000	Transcontinental Gas Pipe Line Co LLC		4.450		08/01/42		130,685
	200,000	Tucson Electric Power Co		3.050		03/15/25		195,766
	300,000	Union Electric Co		3.500		04/15/24		310,991
	200,000	Union Electric Co		2.950		06/15/27		198,074
	100,000	Union Electric Co		8.450		03/15/39		164,439
	100,000	Union Electric Co		3.900		09/15/42		106,163
	100,000	Union Electric Co		3.650		04/15/45		101,728
	100,000	United Utilities plc		6.875		08/15/28		122,573
	825,000	Virginia Electric & Power Co		3.150		01/15/26		832,707
	900,000	Virginia Electric & Power Co		2.950		11/15/26		891,101
	1,100,000	Virginia Electric & Power Co		4.000		11/15/46		1,176,149
	200,000	Virginia Electric & Power Co		3.800		09/15/47		206,841
	409,000	Virginia Electric and Power Co		2.750		03/15/23		407,037
	500,000	Virginia Electric and Power Co		3.450		02/15/24		516,177
	200,000	Virginia Electric and Power Co		3.100		05/15/25		201,465
	350,000	Virginia Electric and Power Co		6.000		05/15/37		461,292
	160,000	Virginia Electric and Power Co		4.000		01/15/43		169,579
	250,000	Virginia Electric and Power Co		4.650		08/15/43		290,960
	400,000	Virginia Electric and Power Co		4.450		02/15/44		450,890
	200,000	Virginia Electric and Power Co		4.200		05/15/45		217,055
	200,000	Washington Gas Light Co		3.796		09/15/46		205,040
	200,000	WEC Energy Group, Inc		2.450		06/15/20		200,374
	520,000	WEC Energy Group, Inc		3.550		06/15/25		531,521
	100,000	Westar Energy, Inc		2.550		07/01/26		96,341
	500,000	Westar Energy, Inc		4.125		03/01/42		535,934
	175,000	Westar Energy, Inc		4.100		04/01/43		188,980
	450,000	Western Gas Partners LP		4.000		07/01/22		459,025
	200,000	Western Gas Partners LP		3.950		06/01/25		199,931
	400,000	Western Gas Partners LP		4.650		07/01/26		415,702
	200,000	Western Gas Partners LP		5.450		04/01/44		212,356

124

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	830,000		Williams Partners LP		5.250	%	03/15/20	$	876,699
	600,000		Williams Partners LP		4.000		11/15/21		620,433
	750,000		Williams Partners LP		3.600		03/15/22		767,095
	200,000		Williams Partners LP		3.350		08/15/22		202,020
	300,000		Williams Partners LP		4.500		11/15/23		317,225
	300,000		Williams Partners LP		4.300		03/04/24		314,146
	500,000		Williams Partners LP		3.900		01/15/25		509,478
	750,000		Williams Partners LP		4.000		09/15/25		767,229
	500,000		Williams Partners LP		3.750		06/15/27		500,897
	300,000		Williams Partners LP		5.800		11/15/43		353,086
	300,000		Williams Partners LP		5.400		03/04/44		336,440
	1,000,000		Williams Partners LP		4.900		01/15/45		1,059,979
	200,000		Wisconsin Electric Power Co		5.625		05/15/33		244,826
	325,000		Wisconsin Power & Light Co		3.050		10/15/27		324,976
	200,000		Wisconsin Public Service Corp		4.752		11/01/44		238,546
	100,000		Xcel Energy, Inc		4.700		05/15/20		104,243
	300,000		Xcel Energy, Inc		2.400		03/15/21		297,986
	300,000		Xcel Energy, Inc		2.600		03/15/22		299,220
	100,000		Xcel Energy, Inc		3.350		12/01/26		101,207
			TOTAL UTILITIES						191,625,597
			TOTAL CORPORATE BONDS						2,385,827,079
			(Cost $2,323,424,206)
GOVERNMENT BONDS - 71.2%
AGENCY SECURITIES - 2.0%
	9,250,000		Federal Farm Credit Bank (FFCB)		0.750		04/18/18		9,229,854
	1,145,000		FFCB		3.500		12/20/23		1,211,674
	10,000,000		Federal Home Loan Bank (FHLB)		1.625		06/14/19		9,959,450
	16,000,000		FHLB		1.875		03/13/20		15,927,760
	18,000,000		FHLB		1.125		07/14/21		17,399,952
	24,500,000		Federal Home Loan Mortgage Corp (FHLMC)		0.875		03/07/18		24,479,739
	4,500,000		FHLMC		1.250		08/01/19		4,455,527
	5,500,000		FHLMC		1.875		11/17/20		5,470,762
	25,500,000		FHLMC		2.375		01/13/22		25,725,930
	8,000,000		Federal National Mortgage Association (FNMA)		1.625		11/27/18		7,987,376
	2,550,000		FNMA		0.875		08/02/19		2,508,871
	11,000,000	j	FNMA		0.000		10/09/19		10,592,885
	1,500,000		FNMA		1.750		11/26/19		1,494,741
	7,000,000		FNMA		1.500		11/30/20		6,896,617
	2,310,000	i	FNMA		2.301		09/25/22		2,297,740
	1,000,000		FNMA		2.000		10/05/22		987,363
	13,700,000		FNMA		2.625		09/06/24		13,879,182
	5,000,000		FNMA		6.625		11/15/30		7,029,095
	1,000,000		FNMA		5.625		07/15/37		1,402,846
	815,000		Financing Corp		9.400		02/08/18		822,077
	825,000		Financing Corp		9.800		04/06/18		842,417
	815,000		Financing Corp		10.350		08/03/18		855,990
	1,900,000		Hashemite Kingdom of Jordan Government AID Bond		1.945		06/23/19		1,898,540
	500,000		Hashemite Kingdom of Jordan Government AID Bond		2.503		10/30/20		506,274
	1,300,000		Hashemite Kingdom of Jordan Government AID Bond		3.000		06/30/25		1,337,871

125

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000	Iraq Government AID Bond		2.149	%	01/18/22	$	994,269
	800,000	Israel Government AID Bond		5.500		09/18/23		930,768
	300,000	Israel Government AID Bond		5.500		04/26/24		352,514
	375,000	Private Export Funding Corp (PEFCO)		1.450		08/15/19		371,623
	550,000	PEFCO		2.250		03/15/20		551,067
	200,000	PEFCO		2.300		09/15/20		200,599
	400,000	PEFCO		2.050		11/15/22		393,761
	200,000	PEFCO		3.250		06/15/25		209,942
	175,000	Tunisia Government AID Bonds		1.416		08/05/21		169,241
	250,000	Ukraine Government AID Bonds		1.844		05/16/19		249,857
	500,000	Ukraine Government AID Bonds		1.847		05/29/20		497,923
		TOTAL AGENCY SECURITIES						180,122,097
FOREIGN GOVERNMENT BONDS - 3.7%
	900,000	African Development Bank		1.625		10/02/18		898,252
	500,000	African Development Bank		1.000		11/02/18		496,393
	500,000	African Development Bank		1.375		02/12/20		493,017
	1,800,000	African Development Bank		1.875		03/16/20		1,792,202
	500,000	African Development Bank		1.250		07/26/21		482,875
	450,000	African Development Bank		2.375		09/23/21		451,828
	500,000	African Development Bank		2.125		11/16/22		493,945
	400,000	Agricultural Bank of China		2.000		05/21/18		399,563
	1,400,000	Agricultural Bank of China		2.750		05/21/20		1,394,783
	1,500,000	Asian Development Bank		1.125		06/05/18		1,495,767
	400,000	Asian Development Bank		0.875		10/05/18		397,171
	500,000	Asian Development Bank		1.375		01/15/19		497,156
	1,000,000	Asian Development Bank		1.875		04/12/19		998,773
	500,000	Asian Development Bank		1.750		01/10/20		497,244
	500,000	Asian Development Bank		1.500		01/22/20		494,608
	3,000,000	Asian Development Bank		1.375		03/23/20		2,956,086
	1,000,000	Asian Development Bank		1.625		08/26/20		987,720
	500,000	Asian Development Bank		1.625		03/16/21		491,275
	4,000,000	Asian Development Bank		1.750		06/08/21		3,937,271
	1,000,000	Asian Development Bank		2.125		11/24/21		994,732
	600,000	Asian Development Bank		1.875		02/18/22		590,396
	500,000	Asian Development Bank		1.875		08/10/22		490,522
	750,000	Asian Development Bank		1.750		09/13/22		730,392
	500,000	Asian Development Bank		2.000		01/22/25		484,398
	1,500,000	Asian Development Bank		2.000		04/24/26		1,440,661
	1,000,000	Asian Development Bank		2.625		01/12/27		1,003,223
	500,000	Asian Development Bank		2.375		08/10/27		491,309
	500,000	Asian Development Bank		2.500		11/02/27		496,342
	75,000	Asian Development Bank		5.820		06/16/28		94,322
	1,000,000	Canada Government International Bond		1.625		02/27/19		996,434
	2,000,000	Canada Government International Bond		2.000		11/15/22		1,974,570
	300,000	Chile Government International Bond		2.250		10/30/22		295,950
	1,209,000	Chile Government International Bond		3.125		01/21/26		1,225,624
	48,000	Chile Government International Bond		3.625		10/30/42		48,216
	756,000	Chile Government International Bond		3.860		06/21/47		776,412
	450,000	Colombia Government International Bond		7.375		03/18/19		476,550
	1,900,000	Colombia Government International Bond		4.375		07/12/21		2,003,550
	600,000	Colombia Government International Bond		2.625		03/15/23		586,500
	1,250,000	Colombia Government International Bond		4.000		02/26/24		1,296,250

126

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000	Colombia Government International Bond		3.875	%	04/25/27	$	1,018,000
	1,250,000	Colombia Government International Bond		6.125		01/18/41		1,509,375
	1,150,000	Colombia Government International Bond		5.625		02/26/44		1,316,750
	2,800,000	Colombia Government International Bond		5.000		06/15/45		2,961,000
	500,000	Corp Andina de Fomento		2.000		05/10/19		498,202
	500,000	Corp Andina de Fomento		2.200		07/18/20		496,100
	500,000	Corp Andina de Fomento		2.125		09/27/21		488,940
	527,000	Corp Andina de Fomento		4.375		06/15/22		561,461
	750,000	Corp Andina de Fomento		2.750		01/06/23		741,637
	500,000	Council of Europe Development Bank		1.125		05/31/18		498,804
	300,000	Council of Europe Development Bank		1.875		01/27/20		298,651
	1,000,000	Council of Europe Development Bank		1.625		03/16/21		981,761
	500,000	Council Of Europe Development Bank		1.500		05/17/19		496,746
	500,000	European Bank for Reconstruction & Development		1.750		06/14/19		498,457
	3,600,000	European Bank for Reconstruction & Development		1.750		11/26/19		3,580,841
	1,300,000	European Bank for Reconstruction & Development		1.500		03/16/20		1,283,779
	750,000	European Bank for Reconstruction & Development		1.500		11/02/21		728,329
	500,000	European Bank for Reconstruction & Development		1.875		02/23/22		491,614
	5,000,000	European Investment Bank		1.000		06/15/18		4,983,121
	2,000,000	European Investment Bank		1.125		08/15/18		1,991,267
	1,000,000	European Investment Bank		1.875		03/15/19		998,747
	5,000,000	European Investment Bank		1.250		05/15/19		4,950,859
	1,500,000	European Investment Bank		1.375		06/15/20		1,474,541
	1,000,000	European Investment Bank		1.625		08/14/20		987,469
	3,000,000	European Investment Bank		2.875		09/15/20		3,058,211
	500,000	European Investment Bank		1.625		12/15/20		492,367
	1,750,000	European Investment Bank		2.000		03/15/21		1,738,224
	500,000	European Investment Bank		2.500		04/15/21		504,222
	1,000,000	European Investment Bank		1.625		06/15/21		979,465
	2,500,000	European Investment Bank		2.125		10/15/21		2,485,838
	1,000,000	European Investment Bank		2.375		06/15/22		1,001,194
	500,000	European Investment Bank		2.250		08/15/22		497,612
	6,750,000	European Investment Bank		3.250		01/29/24		7,024,990
	1,500,000	European Investment Bank		2.500		10/15/24		1,498,416
	400,000	European Investment Bank		2.375		05/24/27		392,592
	1,705,000	European Investment Bank		4.875		02/15/36		2,230,165
	500,000	Export Development Canada		1.000		06/15/18		498,206
	125,000	Export Development Canada		1.250		12/10/18		124,135
	500,000	Export Development Canada		1.250		02/04/19		496,615
	500,000	Export Development Canada		1.750		08/19/19		497,981
	500,000	Export Development Canada		1.625		01/17/20		496,010
	200,000	Export Development Canada		1.625		06/01/20		197,922
	500,000	Export Development Canada		1.750		07/21/20		495,848
	750,000	Export Development Canada		2.000		11/30/20		746,966
	300,000	Export Development Canada		1.500		05/26/21		292,966
	500,000	Export Development Canada		1.375		10/21/21		483,391
	500,000	Export Development Canada		2.000		05/17/22		493,025
	200,000	Export-Import Bank of Korea		1.750		02/27/18		199,832
	400,000	Export-Import Bank of Korea		2.875		09/17/18		401,056
	500,000	Export-Import Bank of Korea		1.750		05/26/19		494,043
	300,000	Export-Import Bank of Korea		1.500		10/21/19		294,026
	775,000	Export-Import Bank of Korea		5.125		06/29/20		817,010

127

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	750,000	Export-Import Bank of Korea		2.500	%	11/01/20	$	742,243
	200,000	Export-Import Bank of Korea		2.125		02/11/21		194,965
	250,000	Export-Import Bank of Korea		2.500		05/10/21		246,140
	300,000	Export-Import Bank of Korea		1.875		10/21/21		287,756
	300,000	Export-Import Bank of Korea		5.000		04/11/22		323,132
	500,000	Export-Import Bank of Korea		3.000		11/01/22		497,665
	500,000	Export-Import Bank of Korea		4.000		01/14/24		524,239
	750,000	Export-Import Bank of Korea		2.875		01/21/25		731,704
	250,000	Export-Import Bank of Korea		3.250		11/10/25		249,522
	500,000	Export-Import Bank of Korea		2.625		05/26/26		476,120
	500,000	Export-Import Bank of Korea		3.250		08/12/26		498,357
	300,000	Export-Import Bank of Korea		2.375		04/21/27		277,554
	100,000	Finland Government International Bond		6.950		02/15/26		127,081
	1,000,000	FMS Wertmanagement AoeR		1.250		07/30/18		996,570
	450,000	FMS Wertmanagement AoeR		1.000		08/16/19		442,663
	750,000	FMS Wertmanagement AoeR		1.750		01/24/20		745,384
	500,000	FMS Wertmanagement AoeR		1.375		06/08/21		485,991
	1,000,000	FMS Wertmanagement AoeR		2.000		08/01/22		985,685
	3,000,000	Hungary Government International Bond		5.750		11/22/23		3,430,572
	750,000	Hungary Government International Bond		7.625		03/29/41		1,172,192
	270,000	Hydro Quebec		9.400		02/01/21		320,644
	200,000	Hydro Quebec		8.500		12/01/29		293,538
	750,000	Indonesia Government International Bond		2.950		01/11/23		745,441
	750,000	Indonesia Government International Bond		3.500		01/11/28		747,991
	875,000	Indonesia Government International Bond		4.350		01/11/48		888,078
	3,000,000	Inter-American Development Bank		1.750		08/24/18		2,999,397
	2,000,000	Inter-American Development Bank		1.125		08/28/18		1,991,352
	750,000	Inter-American Development Bank		1.500		09/25/18		748,216
	500,000	Inter-American Development Bank		1.000		05/13/19		493,623
	1,105,000	Inter-American Development Bank		3.875		09/17/19		1,139,233
	3,000,000	Inter-American Development Bank		1.750		10/15/19		2,985,804
	3,350,000	Inter-American Development Bank		1.375		07/15/20		3,293,325
	500,000	Inter-American Development Bank		2.125		01/18/22		497,720
	500,000	Inter-American Development Bank		2.125		01/15/25		490,281
	1,500,000	Inter-American Development Bank		2.000		06/02/26		1,440,117
	1,000,000	Inter-American Development Bank		2.375		07/07/27		981,821
	1,450,000	Inter-American Development Bank		3.200		08/07/42		1,469,089
	300,000	Inter-American Development Bank		4.375		01/24/44		365,863
	1,000,000	International Bank for Reconstruction & Development		1.000		10/05/18		993,727
	1,500,000	International Bank for Reconstruction & Development		1.875		03/15/19		1,498,940
	5,750,000	International Bank for Reconstruction & Development		1.250		07/26/19		5,685,606
	3,500,000	International Bank for Reconstruction & Development		1.875		10/07/19		3,491,999
	2,000,000	International Bank for Reconstruction & Development		1.875		04/21/20		1,991,222
	1,000,000	International Bank for Reconstruction & Development		1.125		08/10/20		975,837
	1,800,000	International Bank for Reconstruction & Development		1.625		09/04/20		1,777,252
	3,750,000	International Bank for Reconstruction & Development		1.625		03/09/21		3,687,064
	5,000,000	International Bank for Reconstruction & Development		1.375		05/24/21		4,866,535
	1,500,000	International Bank for Reconstruction & Development		2.000		01/26/22		1,485,362
	5,400,000	International Bank for Reconstruction & Development		7.625		01/19/23		6,723,572
	500,000	International Bank for Reconstruction & Development		2.125		02/13/23		492,769
	1,600,000	International Bank for Reconstruction & Development		2.500		11/25/24		1,600,690
	1,500,000	International Bank for Reconstruction & Development		2.500		07/29/25		1,497,779
	834,000	International Bank for Reconstruction & Development		4.750		02/15/35		1,070,998

128

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	2,000,000	International Finance Corp		1.750	%	09/04/18	$	1,998,886
	175,000	International Finance Corp		1.250		11/27/18		173,951
	1,000,000	International Finance Corp		1.750		09/16/19		995,312
	1,000,000	International Finance Corp		1.750		03/30/20		993,450
	2,750,000	International Finance Corp		1.625		07/16/20		2,719,691
	500,000	International Finance Corp		2.000		10/24/22		492,840
	400,000	Israel Government International Bond		5.125		03/26/19		415,014
	705,000	Israel Government International Bond		4.000		06/30/22		747,014
	300,000	Israel Government International Bond		3.150		06/30/23		306,888
	1,000,000	Israel Government International Bond		2.875		03/16/26		998,539
	500,000	Israel Government International Bond		4.500		01/30/43		546,299
	1,374,000	Italian Republic		5.375		06/15/33		1,609,544
	500,000	Italy Government International Bond		6.875		09/27/23		587,518
	1,050,000	Japan Bank for International Cooperation		1.750		07/31/18		1,049,128
	1,000,000	Japan Bank for International Cooperation		2.250		02/24/20		995,604
	300,000	Japan Bank for International Cooperation		2.125		06/01/20		298,175
	1,350,000	Japan Bank for International Cooperation		2.125		07/21/20		1,339,598
	300,000	Japan Bank for International Cooperation		2.125		11/16/20		297,428
	250,000	Japan Bank for International Cooperation		1.875		04/20/21		244,233
	750,000	Japan Bank for International Cooperation		1.500		07/21/21		723,236
	500,000	Japan Bank for International Cooperation		2.500		06/01/22		497,829
	1,250,000	Japan Bank for International Cooperation		2.375		07/21/22		1,232,281
	300,000	Japan Bank for International Cooperation		2.375		11/16/22		296,721
	1,050,000	Japan Bank for International Cooperation		3.375		07/31/23		1,086,838
	500,000	Japan Bank for International Cooperation		2.125		02/10/25		479,251
	750,000	Japan Bank for International Cooperation		2.750		01/21/26		748,623
	400,000	Japan Bank for International Cooperation		2.375		04/20/26		387,929
	1,500,000	Japan Bank for International Cooperation		1.875		07/21/26		1,405,527
	1,000,000	Japan Bank for International Cooperation		2.875		06/01/27		1,006,719
	750,000	Japan Bank for International Cooperation		2.875		07/21/27		754,481
	300,000	Japan Bank for International Cooperation		2.750		11/16/27		299,621
	350,000	Japan International Cooperation Agency		2.125		10/20/26		329,844
	2,000,000	KFW		1.000		06/11/18		1,993,718
	1,105,000	KFW		4.500		07/16/18		1,120,683
	2,000,000	KFW		1.125		08/06/18		1,993,340
	300,000	KFW		1.500		02/06/19		298,622
	2,000,000	KFW		1.000		07/15/19		1,969,883
	500,000	KFW		1.750		10/15/19		497,562
	7,525,000	KFW		4.000		01/27/20		7,819,783
	3,650,000	KFW		1.750		03/31/20		3,623,789
	6,750,000	KFW		1.875		06/30/20		6,710,632
	1,000,000	KFW		2.750		10/01/20		1,016,377
	1,500,000	KFW		1.875		11/30/20		1,488,636
	1,000,000	KFW		1.875		12/15/20		991,616
	1,500,000	KFW		1.500		06/15/21		1,462,627
	1,600,000	KFW		2.625		01/25/22		1,621,462
	2,750,000	KFW		2.000		10/04/22		2,705,285
	2,000,000	KFW		2.500		11/20/24		1,996,639
	7,000,000	KFW		2.000		05/02/25		6,747,771
	300,000	Korea Development Bank		1.500		01/22/18		299,851
	400,000	Korea Development Bank		3.000		03/17/19		401,439
	500,000	Korea Development Bank		2.500		03/11/20		496,136

129

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	300,000	Korea Development Bank		2.500	%	01/13/21	$	295,924
	500,000	Korea Development Bank		2.625		02/27/22		492,451
	200,000	Korea Development Bank		3.000		09/14/22		199,522
	500,000	Korea Development Bank		2.750		03/19/23		490,929
	500,000	Korea Development Bank		3.750		01/22/24		519,005
	200,000	Korea Development Bank		3.375		09/16/25		201,920
	400,000	Korea Development Bank		3.000		01/13/26		393,080
	500,000	Korea International Bond		2.750		01/19/27		490,485
	1,500,000	Kreditanstalt fuer Wiederaufbau		2.000		11/30/21		1,484,229
	1,000,000	Kreditanstalt fuer Wiederaufbau		2.125		03/07/22		993,243
	1,000,000	Kreditanstalt fuer Wiederaufbau		2.125		06/15/22		991,191
	500,000	Landwirtschaftliche Rentenbank		1.750		04/15/19		498,619
	2,000,000	Landwirtschaftliche Rentenbank		1.375		10/23/19		1,976,490
	500,000	Landwirtschaftliche Rentenbank		2.000		01/13/25		482,780
	750,000	Landwirtschaftliche Rentenbank		2.375		06/10/25		742,773
	1,000,000	Landwirtschaftliche Rentenbank		1.750		07/27/26		936,806
	1,000,000	Mexico Government International Bond		3.500		01/21/21		1,034,000
	1,500,000	Mexico Government International Bond		4.125		01/21/26		1,563,750
	8,910,000	Mexico Government International Bond		4.150		03/28/27		9,239,670
	461,000	Mexico Government International Bond		6.750		09/27/34		599,300
	730,000	Mexico Government International Bond		6.050		01/11/40		859,940
	1,474,000	Mexico Government International Bond		4.750		03/08/44		1,490,214
	1,678,000	Mexico Government International Bond		5.550		01/21/45		1,887,750
	505,000	Mexico Government International Bond		4.600		01/23/46		497,930
	500,000	Mexico Government International Bond		4.350		01/15/47		477,500
	1,500,000	Mexico Government International Bond		4.600		02/10/48		1,481,250
	950,000	Mexico Government International Bond		5.750		10/12/10		1,011,750
	2,500,000	Nordic Investment Bank		2.250		09/30/21		2,497,806
	2,300,000	North American Development Bank		2.400		10/26/22		2,265,923
	250,000	Panama Government International Bond		4.000		09/22/24		265,875
	1,000,000	Panama Government International Bond		3.750		03/16/25		1,042,500
	300,000	Panama Government International Bond		7.125		01/29/26		384,750
	1,000,000	Panama Government International Bond		3.875		03/17/28		1,045,000
	692,000	Panama Government International Bond		6.700		01/26/36		921,052
	750,000	Panama Government International Bond		4.500		05/15/47		807,375
	700,000	Panama Government International Bond		4.300		04/29/53		730,800
	520,000	Peruvian Government International Bond		7.125		03/30/19		555,360
	925,000	Peruvian Government International Bond		7.350		07/21/25		1,198,338
	1,100,000	Peruvian Government International Bond		4.125		08/25/27		1,195,150
	1,100,000	Peruvian Government International Bond		6.550		03/14/37		1,487,750
	700,000	Peruvian Government International Bond		5.625		11/18/50		898,100
	225,000	Philippine Government International Bond		4.200		01/21/24		244,323
	4,083,000	Philippine Government International Bond		3.950		01/20/40		4,199,811
	300,000	Philippine Government International Bond		3.700		03/01/41		298,234
	3,793,000	Philippine Government International Bond		3.700		02/02/42		3,766,764
	2,285,000	Poland Government International Bond		6.375		07/15/19		2,422,082
	67,000	Poland Government International Bond		5.125		04/21/21		72,530
	390,000	Poland Government International Bond		5.000		03/23/22		426,926
	990,000	Poland Government International Bond		3.000		03/17/23		1,005,890
	1,000,000	Poland Government International Bond		4.000		01/22/24		1,065,483
	1,000,000	Poland Government International Bond		3.250		04/06/26		1,021,428
	500,000	Province of Alberta Canada		1.900		12/06/19		496,367
	1,000,000	Province of Alberta Canada		2.200		07/26/22		985,302

130

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	200,000		Province of British Columbia Canada			2.650	%	09/22/21	$	202,018
	1,800,000		Province of British Columbia Canada			2.000		10/23/22		1,764,751
	500,000		Province of Manitoba Canada			1.125		06/01/18		498,759
	500,000		Province of Manitoba Canada			1.750		05/30/19		497,632
	500,000		Province of Manitoba Canada			2.050		11/30/20		495,539
	300,000		Province of Manitoba Canada			3.050		05/14/24		305,922
	500,000		Province of Manitoba Canada			2.125		06/22/26		470,211
	200,000		Province of New Brunswick Canada			2.750		06/15/18		200,890
	200,000		Province of Nova Scotia Canada			8.250		07/30/22		243,617
	1,000,000		Province of Ontario Canada			2.000		01/30/19		999,918
	300,000		Province of Ontario Canada			1.250		06/17/19		296,208
	1,000,000		Province of Ontario Canada			1.650		09/27/19		991,143
	4,530,000		Province of Ontario Canada			4.400		04/14/20		4,744,306
	1,000,000		Province of Ontario Canada			2.400		02/08/22		996,660
	800,000		Province of Ontario Canada			2.450		06/29/22		797,231
	1,500,000		Province of Ontario Canada			3.200		05/16/24		1,545,593
	1,000,000		Province of Ontario Canada			2.500		04/27/26		980,333
	1,420,000		Province of Quebec Canada			3.500		07/29/20		1,463,780
	1,100,000		Province of Quebec Canada			2.625		02/13/23		1,099,717
	200,000		Province of Quebec Canada			7.125		02/09/24		247,044
	500,000		Province of Quebec Canada			2.875		10/16/24		505,320
	3,500,000		Province of Quebec Canada			2.500		04/20/26		3,422,297
	500,000		Province of Quebec Canada			2.750		04/12/27		495,714
	201,000		Province of Quebec Canada			7.500		09/15/29		285,842
	100,000		Province of Saskatchewan Canada			8.500		07/15/22		123,783
	800,000		Republic of Hungary			6.250		01/29/20		857,021
	700,000		Republic of Korea			7.125		04/16/19		741,160
	500,000		Republic of Korea			3.875		09/11/23		522,050
	400,000		Republic of Korea			4.125		06/10/44		458,605
	200,000		Republic of the Philippines			6.500		01/20/20		217,614
	425,000		Svensk Exportkredit AB			1.125		04/05/18		424,434
	500,000		Svensk Exportkredit AB			1.250		04/12/19		495,211
	500,000		Svensk Exportkredit AB			1.875		06/17/19		498,594
	500,000		Svensk Exportkredit AB			1.750		05/18/20		495,378
	200,000		Svensk Exportkredit AB			1.875		06/23/20		198,672
	2,300,000		Svensk Exportkredit AB			1.750		08/28/20		2,272,079
	500,000		Svensk Exportkredit AB			1.750		03/10/21		491,981
	500,000		Svensk Exportkredit AB			2.375		03/09/22		499,650
	200,343		Uruguay Government International Bond			4.500		08/14/24		217,272
	2,700,000		Uruguay Government International Bond			4.375		10/27/27		2,891,700
	500,000		Uruguay Government International Bond			4.125		11/20/45		501,250
	1,313,907		Uruguay Government International Bond			5.100		06/18/50		1,458,437
			TOTAL FOREIGN GOVERNMENT BONDS							342,950,100
MORTGAGE BACKED - 27.2%
	28,306	i	Federal Home Loan Mortgage Corp (FHLMC)	DGS1 + 2.250%		3.041		04/01/35		29,981
	5,313	i	FHLMC	DGS1 + 2.125%		3.350		10/01/35		5,584
	87,636	i	FHLMC	DGS1 + 2.255%		3.215		02/01/36		92,758
	26,047	i	FHLMC	LIBOR 12 M + 1.808%		3.586		07/01/36		27,326
	86,547	i	FHLMC	LIBOR 6 M + 1.843%		3.261		09/01/36		90,748
	85,180	i	FHLMC	LIBOR 6 M + 1.819%		3.304		09/01/36		89,204
	63,378	i	FHLMC	DGS1 + 2.240%		3.411		09/01/36		66,662

131

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	16,255	i	FHLMC	DGS1 + 2.250%		3.073	%	01/01/37	$	17,062
	4,736	i	FHLMC	DGS1 + 2.250%		3.163		02/01/37		5,001
	6,551	i	FHLMC	LIBOR 12 M + 1.765%		3.447		02/01/37		6,844
	192,701	i	FHLMC	LIBOR 12 M + 1.818%		3.547		03/01/37		202,915
	112,203	i	FHLMC	DGS1 + 2.250%		3.073		04/01/37		118,644
	105,984	i	FHLMC	LIBOR 12 M + 1.658%		3.376		04/01/37		110,736
	15,021	i	FHLMC	LIBOR 12 M + 1.325%		3.075		05/01/37		15,292
	21,385	i	FHLMC	LIBOR 12 M + 2.114%		3.825		05/01/37		22,700
	106,243	i	FHLMC	DGS1 + 2.275%		3.222		06/01/37		112,059
	14,805	i	FHLMC	LIBOR 12 M + 1.750%		3.579		06/01/37		15,451
	124,842	i	FHLMC	LIBOR 6 M + 1.380%		3.060		08/01/37		128,483
	99,233	i	FHLMC	LIBOR 12 M + 0.905%		2.655		09/01/37		100,637
	95,309	i	FHLMC	LIBOR 6 M + 1.339%		2.795		09/01/37		97,576
	259	i	FHLMC	LIBOR 12 M + 1.795%		3.545		09/01/37		261
	10,320	i	FHLMC	LIBOR 12 M + 2.058%		3.808		02/01/38		10,966
	19,162	i	FHLMC	LIBOR 12 M + 1.756%		3.506		04/01/38		19,885
	109,186	i	FHLMC	LIBOR 12 M + 2.055%		3.805		04/01/38		115,807
	24,762	i	FHLMC	LIBOR 12 M + 2.004%		3.794		06/01/38		26,189
	9,017	i	FHLMC	LIBOR 12 M + 1.625%		3.375		07/01/38		9,376
	35,172		FHLMC			5.000		10/01/39		38,309
	15,573	i	FHLMC	LIBOR 12 M + 1.861%		3.668		06/01/40		16,362
	86,642	i	FHLMC	LIBOR 12 M + 1.880%		3.630		07/01/40		90,256
	103,397	i	FHLMC	LIBOR 12 M + 1.883%		2.995		01/01/41		108,062
	6,118	i	FHLMC	LIBOR 12 M + 1.880%		3.641		05/01/41		6,374
	318,987	i	FHLMC	LIBOR 12 M + 1.868%		3.610		08/01/41		334,049
	209,426	i	FHLMC	LIBOR 12 M + 1.750%		3.500		09/01/41		218,235
	45,620	i	FHLMC	LIBOR 12 M + 1.860%		3.102		10/01/41		47,801
	379		Federal Home Loan Mortgage Corp Gold (FGLMC)			5.000		03/01/18		387
	1,771		FGLMC			5.000		04/01/18		1,806
	2,031		FGLMC			4.500		06/01/18		2,060
	10,017		FGLMC			4.500		09/01/18		10,160
	7,972		FGLMC			4.000		11/01/18		8,207
	24,122		FGLMC			4.500		01/01/19		24,466
	2,742		FGLMC			4.000		05/01/19		2,823
	18,378		FGLMC			4.500		05/01/19		18,640
	45,009		FGLMC			4.500		06/01/19		45,668
	23,772		FGLMC			4.000		10/01/19		24,472
	8,137		FGLMC			5.500		11/01/19		8,316
	98,066		FGLMC			4.500		12/01/19		99,467
	10,914		FGLMC			4.500		01/01/20		11,077
	77,035		FGLMC			4.500		02/01/20		78,135
	5,315		FGLMC			4.500		02/01/20		5,402
	15,252		FGLMC			5.000		05/01/20		15,556
	58,252		FGLMC			5.000		05/01/20		59,412
	5,185		FGLMC			4.500		07/01/20		5,266
	38,230		FGLMC			5.000		07/01/20		39,032
	1,405		FGLMC			7.000		10/01/20		1,444
	4,756		FGLMC			5.000		12/01/20		4,858
	170,412		FGLMC			4.000		05/01/21		175,427
	69,699		FGLMC			4.500		06/01/21		71,236
	116,125		FGLMC			4.500		06/01/21		117,918
	60,419		FGLMC			5.000		07/01/21		61,890
	9,996		FGLMC			5.500		07/01/21		10,362

132

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	1,293,438	FGLMC		3.000	%	12/01/21	$	1,318,245
	7,515	FGLMC		5.000		10/01/22		7,886
	5,989	FGLMC		6.000		11/01/22		6,306
	58,633	FGLMC		5.000		04/01/23		61,565
	3,769	FGLMC		4.500		05/01/23		3,949
	51,715	FGLMC		5.000		05/01/23		55,574
	13,433	FGLMC		5.000		10/01/23		14,109
	8,345	FGLMC		5.500		10/01/23		9,117
	11,881	FGLMC		5.000		11/01/23		12,768
	24,100	FGLMC		5.000		03/01/24		25,899
	5,588	FGLMC		4.500		04/01/24		5,856
	2,496	FGLMC		4.500		05/01/24		2,618
	18,331	FGLMC		4.500		06/01/24		19,231
	162,500	FGLMC		4.000		07/01/24		168,643
	67,633	FGLMC		4.000		07/01/24		69,969
	25,359	FGLMC		5.500		07/01/24		26,709
	157,556	FGLMC		4.000		08/01/24		163,453
	24,202	FGLMC		4.500		09/01/24		25,363
	11,683	FGLMC		4.500		09/01/24		12,256
	6,349	FGLMC		4.500		09/01/24		6,659
	6,922	FGLMC		5.500		09/01/24		7,563
	195,804	FGLMC		4.000		10/01/24		203,169
	6,027	FGLMC		4.500		10/01/24		6,317
	26,478	FGLMC		4.500		10/01/24		28,147
	4,666	FGLMC		4.500		11/01/24		4,892
	19,158	FGLMC		4.500		12/01/24		20,095
	13,496	FGLMC		4.500		02/01/25		14,070
	269,453	FGLMC		4.000		03/01/25		279,640
	7,660	FGLMC		4.500		06/01/25		8,035
	12,770	FGLMC		4.500		07/01/25		13,394
	277,567	FGLMC		3.500		10/01/25		286,994
	149,009	FGLMC		4.000		10/01/25		154,672
	526,133	FGLMC		3.500		11/01/25		544,002
	324,611	FGLMC		3.500		11/01/25		335,637
	150,033	FGLMC		3.500		12/01/25		155,133
	81,823	FGLMC		3.000		01/01/26		83,392
	1,098,358	FGLMC		3.500		01/01/26		1,135,675
	90,585	FGLMC		4.000		04/01/26		94,587
	184,866	FGLMC		4.000		05/01/26		192,962
	45,729	FGLMC		5.500		07/01/26		49,958
	582,288	FGLMC		4.000		08/01/26		607,121
	4,301	FGLMC		6.000		08/01/26		4,805
	186,671	FGLMC		3.000		09/01/26		190,252
	503,830	FGLMC		3.000		10/01/26		513,493
	668,352	FGLMC		3.500		10/01/26		691,086
	20,327	FGLMC		5.000		10/01/26		21,844
	5,284	FGLMC		5.500		10/01/26		5,772
	2,916,224	FGLMC		3.000		02/01/27		2,972,154
	1,734,190	FGLMC		2.500		05/01/27		1,744,045
	1,797,100	FGLMC		2.500		11/01/27		1,806,855
	73,758	FGLMC		6.000		12/01/27		82,405
	1,481,104	FGLMC		2.500		01/01/28		1,488,863

133

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	3,723,844	FGLMC		2.500	%	03/01/28	$	3,743,109
	92,415	FGLMC		5.000		03/01/28		99,311
	2,024,444	FGLMC		2.500		05/01/28		2,034,917
	9,681	FGLMC		5.500		05/01/28		10,576
	5,640,616	FGLMC		2.500		07/01/28		5,669,802
	5,040,761	FGLMC		2.500		07/01/28		5,066,828
	1,354,817	FGLMC		3.000		10/01/28		1,380,909
	77	FGLMC		6.500		10/01/28		86
	70,513	FGLMC		5.500		01/01/29		77,038
	2,665	FGLMC		6.500		01/01/29		2,952
	12,633	FGLMC		4.000		02/01/29		13,283
	2,719,047	FGLMC		3.500		03/01/29		2,816,306
	722	FGLMC		6.500		03/01/29		803
	5,203,415	FGLMC		3.000		07/01/29		5,303,479
	12,256	FGLMC		6.500		07/01/29		13,576
	20,307	FGLMC		5.000		12/01/29		21,860
	13,629,318	FGLMC		2.500		05/01/30		13,617,459
	31,875	FGLMC		4.000		08/01/30		33,578
	200,993	FGLMC		4.500		01/01/31		214,431
	508	FGLMC		8.000		01/01/31		563
	232,356	FGLMC		4.000		03/01/31		245,575
	28,444	FGLMC		4.000		05/01/31		30,063
	207,864	FGLMC		4.500		05/01/31		221,767
	98,597	FGLMC		4.000		06/01/31		104,211
	268,277	FGLMC		4.000		08/01/31		283,530
	269,660	FGLMC		4.000		09/01/31		285,016
	4,039	FGLMC		6.500		09/01/31		4,648
	14,199	FGLMC		8.000		09/01/31		15,923
	135,526	FGLMC		3.500		11/01/31		140,524
	18,319,843	FGLMC		2.500		12/01/31		18,303,904
	60,026	FGLMC		7.000		12/01/31		66,416
	17,921	FGLMC		6.500		01/01/32		20,153
	43,015	FGLMC		6.000		02/01/32		48,776
	2,141,308	FGLMC		3.000		03/01/32		2,179,924
	18,973	FGLMC		7.000		04/01/32		21,783
	14,980	FGLMC		6.500		05/01/32		16,593
	1,510,067	FGLMC		3.500		09/01/32		1,572,242
	12,092	FGLMC		5.500		11/01/32		13,408
	15,772	FGLMC		6.000		02/01/33		17,885
	59,479	FGLMC		5.000		03/01/33		64,449
	27,939	FGLMC		6.000		03/01/33		31,214
	5,804	FGLMC		6.000		03/01/33		6,484
	32,841	FGLMC		6.000		03/01/33		36,692
	35,195	FGLMC		5.000		04/01/33		37,932
	6,964	FGLMC		6.000		04/01/33		7,896
	429,403	FGLMC		5.000		06/01/33		465,913
	132,415	FGLMC		5.500		06/01/33		147,032
	2,770,292	FGLMC		3.500		07/01/33		2,884,532
	55,463	FGLMC		4.500		07/01/33		59,371
	4,535	FGLMC		5.000		08/01/33		4,889
	18,948	FGLMC		6.500		08/01/33		21,437
	179,304	FGLMC		5.000		09/01/33		196,827
	81,698	FGLMC		5.500		09/01/33		91,387

134

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	91,548	FGLMC		5.500	%	09/01/33	$	103,016
	25,293	FGLMC		5.500		09/01/33		28,018
	77,448	FGLMC		5.500		09/01/33		86,391
	36,168	FGLMC		4.000		10/01/33		37,974
	9,372	FGLMC		5.000		10/01/33		10,139
	126,705	FGLMC		5.500		10/01/33		141,788
	98,603	FGLMC		5.500		12/01/33		109,450
	31,232	FGLMC		5.500		12/01/33		34,625
	379,575	FGLMC		7.000		12/01/33		433,343
	294,316	FGLMC		5.000		01/01/34		319,355
	6,760	FGLMC		5.500		02/01/34		7,508
	39,660	FGLMC		5.000		03/01/34		42,890
	40,706	FGLMC		5.500		03/01/34		45,243
	102,562	FGLMC		5.000		05/01/34		110,922
	44,859	FGLMC		4.500		06/01/34		47,896
	78,921	FGLMC		5.000		06/01/34		85,364
	29,327	FGLMC		5.500		06/01/34		32,508
	18,770	FGLMC		6.000		06/01/34		21,285
	63,892	FGLMC		6.000		09/01/34		72,050
	5,699,038	FGLMC		3.500		10/01/34		5,933,812
	9,266	FGLMC		5.000		11/01/34		10,056
	331,354	FGLMC		5.500		11/01/34		366,704
	298,197	FGLMC		5.000		12/01/34		322,431
	54,824	FGLMC		5.500		12/01/34		60,762
	24,589	FGLMC		5.500		12/01/34		27,145
	5,101	FGLMC		5.500		01/01/35		5,674
	2,620	FGLMC		5.500		01/01/35		2,910
	30,410	FGLMC		5.500		01/01/35		33,795
	124,274	FGLMC		4.500		04/01/35		132,685
	17,455	FGLMC		6.000		05/01/35		19,709
	115,625	FGLMC		6.000		05/01/35		129,358
	114,927	FGLMC		7.000		05/01/35		130,633
	25,357	FGLMC		5.500		06/01/35		28,161
	16,642	FGLMC		5.500		06/01/35		18,501
	6,608	FGLMC		5.000		07/01/35		7,130
	470,058	FGLMC		5.000		07/01/35		509,961
	36,394	FGLMC		6.000		07/01/35		40,660
	635,923	FGLMC		5.000		08/01/35		689,675
	15,679	FGLMC		5.500		08/01/35		17,129
	91,551	FGLMC		6.000		08/01/35		102,284
	9,062	FGLMC		4.500		09/01/35		9,674
	91,774	FGLMC		5.000		10/01/35		99,917
	56,040	FGLMC		5.000		10/01/35		60,600
	21,254	FGLMC		5.000		10/01/35		22,962
	322,915	FGLMC		5.500		10/01/35		353,936
	67,009	FGLMC		5.000		12/01/35		72,385
	10,027	FGLMC		5.000		12/01/35		10,871
	37,338	FGLMC		6.000		01/01/36		41,995
	20,398	FGLMC		5.000		02/01/36		22,123
	8,108	FGLMC		5.000		02/01/36		8,789
	10,116	FGLMC		6.000		02/01/36		11,402
	112,535	FGLMC		5.500		04/01/36		123,606

135

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	19,139	FGLMC		5.500	%	05/01/36	$	21,245
	366,376	FGLMC		6.000		06/01/36		412,796
	91,290	FGLMC		5.000		07/01/36		99,005
	126,145	FGLMC		6.000		07/01/36		142,421
	15,894	FGLMC		6.000		08/01/36		17,927
	7,229	FGLMC		6.000		09/01/36		8,076
	384,167	FGLMC		5.500		10/01/36		423,814
	241,257	FGLMC		5.500		10/01/36		267,499
	55,239	FGLMC		6.500		10/01/36		61,186
	16,180	FGLMC		5.500		11/01/36		17,893
	38,814	FGLMC		6.000		11/01/36		43,790
	196,076	FGLMC		6.000		12/01/36		221,419
	303,155	FGLMC		5.500		03/01/37		334,847
	129,218	FGLMC		6.000		03/01/37		145,425
	14,413	FGLMC		6.500		03/01/37		15,965
	117,947	FGLMC		5.500		04/01/37		130,441
	14,393	FGLMC		5.000		05/01/37		15,673
	15,433	FGLMC		5.000		06/01/37		16,618
	54,170	FGLMC		5.500		06/01/37		59,860
	19,166,048	FGLMC		3.000		07/01/37		19,470,801
	212,361	FGLMC		6.000		07/01/37		239,130
	85,732	FGLMC		6.000		08/01/37		97,277
	34,962	FGLMC		6.000		09/01/37		39,515
	307,585	FGLMC		5.500		10/01/37		337,431
	11,233	FGLMC		6.000		11/01/37		12,614
	88,177	FGLMC		6.500		11/01/37		97,671
	41,124	FGLMC		6.000		01/01/38		46,178
	17,655	FGLMC		6.000		02/01/38		19,772
	140,053	FGLMC		6.000		02/01/38		157,777
	201,684	FGLMC		5.000		03/01/38		219,332
	578,835	FGLMC		5.000		03/01/38		628,683
	24,115	FGLMC		5.000		04/01/38		26,408
	244,199	FGLMC		5.000		04/01/38		266,276
	282,904	FGLMC		5.500		04/01/38		311,809
	62,269	FGLMC		5.500		05/01/38		68,865
	7,023	FGLMC		5.500		06/01/38		7,762
	21,194	FGLMC		6.000		07/01/38		23,806
	33,961	FGLMC		5.500		08/01/38		37,740
	233,011	FGLMC		5.500		08/01/38		257,688
	29,281	FGLMC		5.000		09/01/38		31,878
	386,495	FGLMC		5.500		09/01/38		427,174
	121,699	FGLMC		5.500		09/01/38		134,371
	7,160	FGLMC		5.500		10/01/38		7,912
	146,381	FGLMC		6.000		11/01/38		163,938
	1,021,267	FGLMC		5.500		01/01/39		1,128,454
	857,133	FGLMC		4.500		02/01/39		913,990
	413,148	FGLMC		5.000		02/01/39		449,814
	27,637	FGLMC		5.500		02/01/39		30,461
	3,176	FGLMC		4.500		03/01/39		3,380
	164,764	FGLMC		5.000		03/01/39		179,717
	21,945	FGLMC		6.000		03/01/39		24,591
	28,105	FGLMC		4.500		04/01/39		30,076
	1,107,387	FGLMC		4.500		04/01/39		1,201,554

136

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	289,828	FGLMC		4.000	%	05/01/39	$	303,885
	8,036	FGLMC		4.500		05/01/39		8,575
	172,910	FGLMC		4.500		05/01/39		184,521
	3,622,465	FGLMC		4.500		05/01/39		3,893,894
	438,191	FGLMC		4.500		05/01/39		466,855
	156,725	FGLMC		5.000		05/01/39		169,934
	358,144	FGLMC		4.000		06/01/39		375,885
	1,869,725	FGLMC		4.500		06/01/39		1,994,790
	59,450	FGLMC		4.500		06/01/39		63,408
	22,681	FGLMC		5.000		06/01/39		24,729
	11,102	FGLMC		5.500		06/01/39		12,257
	578,599	FGLMC		4.000		07/01/39		606,938
	243,388	FGLMC		4.500		07/01/39		259,736
	44,257	FGLMC		4.500		07/01/39		47,196
	20,330	FGLMC		4.500		07/01/39		21,693
	148,467	FGLMC		5.000		07/01/39		161,721
	210,582	FGLMC		5.500		07/01/39		232,701
	21,147	FGLMC		4.500		08/01/39		22,614
	49,121	FGLMC		5.000		08/01/39		53,512
	192,181	FGLMC		4.000		09/01/39		201,722
	1,094,184	FGLMC		5.000		09/01/39		1,191,194
	426,007	FGLMC		5.000		09/01/39		465,326
	6,672	FGLMC		5.500		09/01/39		7,364
	446,532	FGLMC		6.500		09/01/39		495,274
	85,309	FGLMC		4.500		10/01/39		92,361
	66,764	FGLMC		4.500		10/01/39		72,027
	162,193	FGLMC		4.500		10/01/39		173,094
	30,082	FGLMC		4.000		11/01/39		31,595
	111,367	FGLMC		4.500		11/01/39		118,846
	40,012	FGLMC		5.000		11/01/39		43,571
	10,875	FGLMC		5.000		11/01/39		11,686
	102,844	FGLMC		4.500		12/01/39		110,458
	215,610	FGLMC		4.500		12/01/39		230,146
	99,327	FGLMC		4.500		12/01/39		105,987
	337,239	FGLMC		4.500		12/01/39		360,585
	162,149	FGLMC		5.500		12/01/39		179,218
	209,790	FGLMC		4.500		01/01/40		223,921
	20,631	FGLMC		5.000		01/01/40		22,537
	33,882	FGLMC		5.500		01/01/40		37,229
	66,675	FGLMC		5.500		03/01/40		73,720
	1,081,303	FGLMC		4.000		04/01/40		1,135,247
	43,668	FGLMC		4.500		04/01/40		47,108
	161,482	FGLMC		4.500		04/01/40		172,346
	118,645	FGLMC		5.000		04/01/40		129,272
	262,881	FGLMC		5.000		04/01/40		286,443
	869,734	FGLMC		6.000		04/01/40		977,184
	2,677,996	FGLMC		4.500		05/01/40		2,857,971
	1,482,538	FGLMC		5.000		05/01/40		1,624,223
	6,396	FGLMC		4.500		06/01/40		6,826
	643,294	FGLMC		5.500		06/01/40		711,020
	1,259,944	FGLMC		4.500		07/01/40		1,344,827
	24,663	FGLMC		4.500		08/01/40		26,372

137

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	277,002	FGLMC		5.000	%	08/01/40	$	301,490
	616,028	FGLMC		5.000		08/01/40		668,596
	70,196	FGLMC		5.000		08/01/40		76,488
	3,509,220	FGLMC		5.500		08/01/40		3,877,500
	367,115	FGLMC		4.000		09/01/40		385,535
	4,123,863	FGLMC		4.000		11/01/40		4,355,921
	2,491,347	FGLMC		4.000		12/01/40		2,631,545
	528,232	FGLMC		3.500		01/01/41		545,354
	713,895	FGLMC		3.500		01/01/41		737,034
	406,535	FGLMC		4.000		01/01/41		426,982
	438,595	FGLMC		3.500		02/01/41		452,812
	1,651,836	FGLMC		4.000		02/01/41		1,734,877
	581,404	FGLMC		4.000		02/01/41		610,637
	2,407,491	FGLMC		4.000		04/01/41		2,528,498
	452,328	FGLMC		4.500		04/01/41		482,790
	98,238	FGLMC		5.000		04/01/41		107,047
	462,709	FGLMC		4.500		05/01/41		493,868
	530,109	FGLMC		4.500		06/01/41		565,823
	1,426,885	FGLMC		3.500		10/01/41		1,473,136
	1,061,195	FGLMC		5.000		10/01/41		1,163,539
	1,797,283	FGLMC		3.500		11/01/41		1,855,546
	671,614	FGLMC		4.500		12/01/41		716,801
	6,041,757	FGLMC		3.500		01/01/42		6,237,781
	1,791,483	FGLMC		3.500		02/01/42		1,849,607
	2,189,010	FGLMC		3.500		04/01/42		2,259,657
	3,784,667	FGLMC		4.000		05/01/42		3,997,606
	12,418,711	FGLMC		4.500		05/01/42		13,254,846
	2,740,719	FGLMC		3.500		07/01/42		2,829,647
	744,362	FGLMC		3.000		08/01/42		748,830
	4,497,943	FGLMC		3.000		10/01/42		4,526,109
	2,983,589	FGLMC		3.000		10/01/42		3,001,949
	1,274,481	FGLMC		3.500		12/01/42		1,315,799
	3,966,212	FGLMC		2.500		01/01/43		3,838,353
	8,533,375	FGLMC		3.000		01/01/43		8,588,130
	12,878,714	FGLMC		3.000		04/01/43		12,963,353
	4,290,547	FGLMC		3.500		05/01/43		4,429,718
	5,121,487	FGLMC		3.000		08/01/43		5,146,953
	3,373,639	FGLMC		3.000		08/01/43		3,391,807
	4,501,415	FGLMC		3.500		08/01/43		4,647,425
	2,005,904	FGLMC		4.500		10/01/43		2,138,294
	2,753,430	FGLMC		4.000		11/01/43		2,885,211
	4,979,093	FGLMC		3.500		02/01/44		5,140,371
	4,062,138	FGLMC		4.000		02/01/44		4,253,398
	1,948,687	FGLMC		4.000		04/01/44		2,039,768
	2,476,566	FGLMC		4.500		05/01/44		2,636,229
	4,427,605	FGLMC		4.000		06/01/44		4,633,995
	6,711,722	FGLMC		4.000		08/01/44		7,023,622
	5,256,135	FGLMC		3.500		09/01/44		5,417,272
	6,383,768	FGLMC		3.500		11/01/44		6,573,938
	9,076,668	FGLMC		3.500		12/01/44		9,341,415
	5,811,824	FGLMC		3.500		01/01/45		5,979,943
	10,437,250	FGLMC		3.000		02/01/45		10,454,656
	13,873,186	FGLMC		3.500		03/01/45		14,278,803

138

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	8,151,511	FGLMC		4.000	%	03/01/45	$	8,528,378
	4,908,139	FGLMC		3.000		04/01/45		4,916,703
	10,893,180	FGLMC		3.500		04/01/45		11,224,527
	9,823,466	FGLMC		4.000		11/01/45		10,277,202
	18,623,713	FGLMC		3.500		12/01/45		19,162,330
	14,879,993	FGLMC		3.500		03/01/46		15,310,081
	7,195,404	FGLMC		4.000		03/01/46		7,527,647
	29,529,408	FGLMC		3.000		04/01/46		29,592,429
	14,018,206	FGLMC		3.500		05/01/46		14,423,934
	16,686,484	FGLMC		4.000		09/01/46		17,458,400
	13,903,737	FGLMC		3.000		11/01/46		13,929,104
	14,181,300	FGLMC		3.000		11/01/46		14,207,173
	9,339,915	FGLMC		3.000		12/01/46		9,356,473
	18,990,925	FGLMC		3.000		02/01/47		19,021,006
	9,232,767	FGLMC		3.500		02/01/47		9,500,105
	8,750,397	FGLMC		4.000		02/01/47		9,154,832
	24,068,094	FGLMC		3.500		07/01/47		24,765,038
	23,507,389	FGLMC		3.500		10/01/47		24,188,096
	19,943,263	FGLMC		3.000		12/01/47		19,973,523
	19,950,146	FGLMC		4.000		12/01/47		20,896,841
	233	Federal National Mortgage Association (FNMA)		5.000		01/01/18		235
	1,725	FNMA		4.500		02/01/18		1,752
	3,619	FNMA		4.500		04/01/18		3,679
	379	FNMA		5.000		04/01/18		386
	4,837	FNMA		5.500		04/01/18		4,840
	361	FNMA		5.500		04/01/18		362
	15,839	FNMA		4.500		06/01/18		16,100
	2,479	FNMA		4.000		08/01/18		2,552
	29,632	FNMA		4.000		08/01/18		30,502
	5,358	FNMA		4.500		09/01/18		5,446
	5,052	FNMA		4.500		10/01/18		5,136
	24,104	FNMA		5.000		11/01/18		24,543
	142	FNMA		5.000		01/01/19		144
	1,181	FNMA		6.000		01/01/19		1,320
	2,077	FNMA		4.500		05/01/19		2,112
	1,457	FNMA		4.500		06/01/19		1,481
	7,016	FNMA		4.500		06/01/19		7,132
	1,416	FNMA		5.000		07/01/19		1,442
	52,286	FNMA		5.000		10/01/19		53,631
	5,343	FNMA		4.500		11/01/19		5,431
	5,361	FNMA		4.500		12/01/19		5,450
	1,462	FNMA		5.000		03/01/20		1,488
	3,477	FNMA		5.000		04/01/20		3,546
	3,632	FNMA		4.500		06/01/20		3,692
	2,930	FNMA		4.500		09/01/20		2,979
	4,783	FNMA		4.500		10/01/20		4,883
	5,230	FNMA		4.500		11/01/20		5,322
	15,654	FNMA		5.000		12/01/20		16,215
	150,981	FNMA		5.500		01/01/21		153,511
	818	FNMA		5.500		01/01/21		820
	5,832	FNMA		5.000		03/01/21		5,938
	14,525	FNMA		5.500		08/01/21		15,116

139

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	3,502	FNMA		6.000	%	08/01/21	$	3,674
	2,564	FNMA		5.000		10/01/21		2,646
	3,246	FNMA		5.000		11/01/21		3,305
	2,582	FNMA		5.500		11/01/21		2,651
	10,964	FNMA		5.500		10/01/22		11,508
	4,753	FNMA		6.000		10/01/22		5,007
	2,904	FNMA		5.000		03/01/23		3,037
	8,163	FNMA		4.500		04/01/23		8,322
	79,946	FNMA		4.500		06/01/23		84,116
	6,981	FNMA		5.000		06/01/23		7,353
	8,899	FNMA		5.500		06/01/23		9,743
	14,602	FNMA		5.000		07/01/23		15,077
	73,580	FNMA		5.000		07/01/23		76,920
	7,833	FNMA		5.500		08/01/23		8,230
	16,786	FNMA		5.000		11/01/23		18,023
	4,008	FNMA		5.500		11/01/23		4,143
	173,569	FNMA		5.500		01/01/24		181,025
	17,613	FNMA		5.500		02/01/24		19,283
	79,405	FNMA		4.000		03/01/24		82,466
	6,063	FNMA		4.500		04/01/24		6,402
	268,903	FNMA		4.000		05/01/24		279,168
	94,234	FNMA		4.000		05/01/24		97,896
	7,603	FNMA		4.000		06/01/24		7,896
	9,549	FNMA		4.500		07/01/24		10,086
	8,907	FNMA		5.500		07/01/24		9,753
	202	FNMA		8.000		07/01/24		227
	55,238	FNMA		4.500		08/01/24		58,331
	49,012	FNMA		4.000		09/01/24		50,915
	191,106	FNMA		4.000		09/01/24		198,497
	19,943	FNMA		4.500		09/01/24		21,060
	446,367	FNMA		4.500		10/01/24		471,393
	23,503	FNMA		5.000		01/01/25		25,240
	38,189	FNMA		4.500		02/01/25		40,298
	333,758	FNMA		4.500		03/01/25		352,478
	4,761	FNMA		4.500		03/01/25		4,924
	96,929	FNMA		5.000		03/01/25		104,088
	206,391	FNMA		4.500		04/01/25		217,980
	93,977	FNMA		4.500		04/01/25		99,243
	1,018,547	FNMA		4.000		05/01/25		1,061,152
	348,041	FNMA		4.000		06/01/25		362,646
	272,922	FNMA		4.500		06/01/25		286,906
	99,202	FNMA		4.000		08/01/25		103,339
	47,229	FNMA		5.500		08/01/25		52,255
	489,430	FNMA		3.500		09/01/25		505,381
	503,554	FNMA		4.000		09/01/25		521,821
	711,085	FNMA		3.500		10/01/25		734,261
	550,456	FNMA		3.500		10/01/25		568,396
	204,651	FNMA		5.000		10/01/25		219,865
	400,074	FNMA		4.000		11/01/25		416,886
	641,466	FNMA		3.500		12/01/25		662,373
	486,620	FNMA		3.500		02/01/26		502,480
	2,692,601	FNMA		3.500		02/01/26		2,780,358
	137,815	FNMA		4.000		03/01/26		144,291

140

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	369,345	FNMA		4.000	%	06/01/26	$	386,640
	383,441	FNMA		3.500		08/01/26		395,938
	287,289	FNMA		3.500		09/01/26		296,653
	156,778	FNMA		4.000		09/01/26		164,107
	451,779	FNMA		3.500		10/01/26		466,517
	9,261	FNMA		6.000		10/01/26		10,347
	661,486	FNMA		3.000		11/01/26		675,750
	566,595	FNMA		3.000		12/01/26		578,814
	1,533,082	FNMA		3.000		01/01/27		1,566,149
	2,065,718	FNMA		4.000		01/01/27		2,151,667
	1,054,535	FNMA		3.500		02/01/27		1,088,904
	1,799,900	FNMA		3.000		04/01/27		1,838,736
	1,166,831	FNMA		3.000		04/01/27		1,192,006
	685,393	FNMA		3.500		05/01/27		708,115
	697,384	FNMA		2.500		06/01/27		701,191
	1,973,923	FNMA		3.000		06/01/27		2,016,597
	853,241	FNMA		2.500		07/01/27		857,898
	1,787,554	FNMA		2.500		09/01/27		1,797,325
	24,528	FNMA		5.500		09/01/27		26,854
	3,056,376	FNMA		2.500		10/01/27		3,073,063
	1,860,076	FNMA		3.000		11/01/27		1,900,309
	3,392	FNMA		5.500		01/01/28		3,714
	6,989,720	FNMA		2.500		02/01/28		7,027,812
	5,563,537	FNMA		2.500		02/01/28		5,592,222
	3,014	FNMA		5.000		02/01/28		3,236
	4,039,596	FNMA		2.500		04/01/28		4,060,424
	5,971,171	FNMA		2.500		04/01/28		6,001,944
	15,449	FNMA		5.500		06/01/28		16,921
	1,572,277	FNMA		2.500		07/01/28		1,580,381
	3,280,328	FNMA		2.500		08/01/28		3,297,232
	4,495,689	FNMA		3.000		10/01/28		4,589,717
	2,482	FNMA		5.500		11/01/28		2,717
	14	FNMA		7.500		01/01/29		15
	5,311,732	FNMA		3.000		03/01/29		5,422,896
	25,112	FNMA		4.000		03/01/29		26,277
	19,187,501	FNMA		3.000		04/01/29		19,589,136
	78,972	FNMA		4.500		04/01/29		84,212
	62,046	FNMA		4.000		05/01/29		65,358
	30,317	FNMA		4.500		06/01/29		32,346
	10,681	FNMA		4.000		07/01/29		11,251
	195,876	FNMA		4.500		08/01/29		208,966
	38,641	FNMA		4.500		09/01/29		41,230
	31,910	FNMA		4.500		11/01/29		34,283
	10,719	FNMA		4.500		01/01/30		11,439
	3,146,542	FNMA		2.500		02/01/30		3,154,035
	27,966	FNMA		4.000		03/01/30		29,463
	11,630	FNMA		4.500		05/01/30		12,411
	16,502	FNMA		4.500		06/01/30		17,612
	7,025,166	FNMA		3.000		07/01/30		7,172,630
	150,538	FNMA		4.500		08/01/30		160,651
	31,806	FNMA		4.000		09/01/30		33,511
	198,113	FNMA		4.000		10/01/30		208,712

141

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	1,826,224	FNMA		4.000	%	11/01/30	$	1,924,106
	300,685	FNMA		4.000		11/01/30		316,842
	71,113	FNMA		4.500		12/01/30		75,903
	7,132,125	FNMA		3.000		02/01/31		7,270,050
	100,076	FNMA		3.500		02/01/31		103,570
	109,186	FNMA		4.000		02/01/31		115,046
	906	FNMA		7.500		03/01/31		1,046
	7,792,315	FNMA		2.500		04/01/31		7,787,558
	292,596	FNMA		3.500		04/01/31		302,810
	33,864	FNMA		4.000		04/01/31		35,746
	6,690,478	FNMA		3.000		05/01/31		6,819,862
	3,470	FNMA		6.000		05/01/31		3,919
	358	FNMA		7.500		05/01/31		361
	8,125,807	FNMA		2.500		06/01/31		8,120,846
	1,195,407	FNMA		4.500		07/01/31		1,291,137
	174,211	FNMA		4.500		07/01/31		185,964
	1,029,520	FNMA		4.000		08/01/31		1,086,754
	10,537,062	FNMA		2.500		09/01/31		10,530,629
	5,619,486	FNMA		3.000		09/01/31		5,728,158
	71,851	FNMA		4.000		09/01/31		75,844
	353	FNMA		6.500		09/01/31		391
	32,462	FNMA		6.000		11/01/31		36,717
	4,180	FNMA		6.500		11/01/31		4,704
	10,710,253	FNMA		2.500		12/01/31		10,703,714
	1,890,817	FNMA		3.500		01/01/32		1,967,342
	11,279	FNMA		6.000		01/01/32		12,765
	2,668	FNMA		6.000		01/01/32		2,981
	799,646	FNMA		3.500		02/01/32		832,002
	10,207	FNMA		6.000		02/01/32		11,552
	8,937,745	FNMA		3.000		03/01/32		9,110,588
	34,062	FNMA		6.500		04/01/32		38,753
	32,636,554	FNMA		3.000		06/01/32		33,267,699
	66,160	FNMA		6.500		07/01/32		74,747
	9,565	FNMA		6.500		08/01/32		10,701
	843,134	FNMA		3.000		09/01/32		863,473
	24,509	FNMA		7.500		09/01/32		27,181
	2,509,621	FNMA		3.000		10/01/32		2,570,154
	45,831	FNMA		5.500		10/01/32		50,682
	39,074	FNMA		6.000		10/01/32		43,674
	15,477	FNMA		6.000		11/01/32		17,520
	20,703	FNMA		5.500		12/01/32		22,965
	1,837	FNMA		5.500		12/01/32		2,021
	31,055	FNMA		6.000		12/01/32		35,000
	167,229	FNMA		5.500		01/01/33		184,816
	319,362	FNMA		6.000		01/01/33		361,706
	157,010	FNMA		5.000		02/01/33		170,604
	10,416	FNMA		5.000		02/01/33		11,262
	1,714,078	FNMA		3.000		04/01/33		1,753,297
	2,192,866	FNMA		3.500		04/01/33		2,282,988
	7,770	FNMA		6.000		04/01/33		8,803
	1,029,571	FNMA		5.500		05/01/33		1,140,571
	60,088	FNMA		5.000		06/01/33		65,282
	131,707	FNMA		5.500		06/01/33		146,105

142

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	19,784	FNMA		4.500	%	07/01/33	$	21,131
	55,827	FNMA		5.000		07/01/33		60,591
	107,631	FNMA		4.500		08/01/33		114,611
	4,473	FNMA		4.500		08/01/33		4,762
	22,936	FNMA		5.000		08/01/33		24,921
	57,230	FNMA		5.500		09/01/33		62,681
	230,571	FNMA		5.500		09/01/33		256,122
	13,144	FNMA		6.000		09/01/33		14,686
	167,068	FNMA		4.500		10/01/33		178,606
	27,395	FNMA		5.000		10/01/33		29,734
	22,640	FNMA		5.000		10/01/33		24,414
	205,081	FNMA		5.500		10/01/33		226,772
	642,412	FNMA		5.500		10/01/33		725,175
	11,184	FNMA		4.500		11/01/33		11,940
	31,968	FNMA		5.000		11/01/33		34,732
	2,179,347	FNMA		5.000		11/01/33		2,367,788
	257,425	FNMA		5.000		12/01/33		279,721
	320,235	FNMA		5.500		12/01/33		357,002
	3,145,835	FNMA		3.000		01/01/34		3,217,808
	98,607	FNMA		5.000		02/01/34		107,129
	402,044	FNMA		6.000		02/01/34		456,924
	24,344	FNMA		5.000		03/01/34		26,377
	10,193	FNMA		5.000		03/01/34		11,074
	581,541	FNMA		5.000		03/01/34		631,814
	13,403	FNMA		5.000		03/01/34		14,562
	29,241	FNMA		5.000		03/01/34		31,769
	8,357	FNMA		5.000		03/01/34		9,080
	83,124	FNMA		5.000		04/01/34		90,313
	87,731	FNMA		5.500		04/01/34		97,369
	56,173	FNMA		4.500		05/01/34		60,003
	22,687	FNMA		4.500		05/01/34		24,220
	19,837	FNMA		5.500		07/01/34		22,017
	31,592	FNMA		5.500		07/01/34		35,069
	30,827	FNMA		7.000		07/01/34		35,159
	241,827	FNMA		5.000		08/01/34		262,051
	27,379	FNMA		5.000		08/01/34		29,747
	134,837	FNMA		6.000		08/01/34		153,348
	23,931	FNMA		6.000		08/01/34		27,196
	14,335	FNMA		4.500		09/01/34		15,331
	488,656	FNMA		5.500		09/01/34		541,899
	4,636	FNMA		5.500		11/01/34		5,142
	10,280	FNMA		6.000		11/01/34		11,487
	7,476	FNMA		5.000		12/01/34		8,123
	4,552	FNMA		5.500		12/01/34		5,052
	15,247	FNMA		6.000		12/01/34		17,173
	681,346	FNMA		4.500		01/01/35		728,502
	47,485	FNMA		5.500		01/01/35		52,539
	1,503,737	FNMA		5.500		02/01/35		1,669,011
	62,413	FNMA		5.500		02/01/35		69,257
	314,527	FNMA		5.500		04/01/35		344,852
	60,881	FNMA		6.000		04/01/35		69,114
	57,146	FNMA		6.000		04/01/35		64,944

143

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	99,223		FNMA			6.000	%	05/01/35	$	112,337
	24,989		FNMA			5.000		06/01/35		27,149
	2,868	i	FNMA	LIBOR 12 M + 1.570%		3.351		07/01/35		3,001
	71,789		FNMA			5.000		07/01/35		78,384
	7,452,365		FNMA			3.000		08/01/35		7,595,330
	148,779		FNMA			4.500		08/01/35		159,094
	174,246		FNMA			5.000		08/01/35		189,163
	96,005		FNMA			5.000		08/01/35		104,174
	5,859		FNMA			4.500		09/01/35		6,261
	7,529		FNMA			4.500		09/01/35		8,047
	17,927		FNMA			5.500		09/01/35		19,899
	110,254		FNMA			5.000		10/01/35		119,775
	230,628		FNMA			5.500		10/01/35		256,028
	3,439		FNMA			5.000		11/01/35		3,525
	261,164		FNMA			5.500		11/01/35		289,370
	3,297		FNMA			4.500		12/01/35		3,511
	51,218		FNMA			5.500		12/01/35		56,075
	74,803	i	FNMA	LIBOR 12 M + 1.551%		3.238		02/01/36		78,168
	538,925		FNMA			5.000		02/01/36		585,531
	73,319		FNMA			6.500		02/01/36		81,270
	250,089		FNMA			6.000		03/01/36		282,298
	3,963,111		FNMA			3.500		05/01/36		4,126,018
	4,900		FNMA			5.000		05/01/36		5,318
	449,413		FNMA			6.000		06/01/36		509,221
	77,203	i	FNMA	LIBOR 12 M + 1.578%		3.328		07/01/36		80,462
	22,689		FNMA			6.000		07/01/36		25,696
	126,881		FNMA			6.500		07/01/36		143,220
	267,619		FNMA			5.500		08/01/36		293,711
	224,271		FNMA			6.500		08/01/36		252,872
	4,493,068		FNMA			3.000		09/01/36		4,565,457
	17,308		FNMA			5.500		09/01/36		19,205
	7,207		FNMA			6.500		09/01/36		7,995
	24,402		FNMA			6.500		09/01/36		27,907
	32,405		FNMA			6.000		10/01/36		36,700
	9,101,003		FNMA			3.000		11/01/36		9,247,633
	15,701		FNMA			6.500		11/01/36		17,783
	7,365	i	FNMA	LIBOR 12 M + 1.725%		3.456		12/01/36		7,753
	93,732		FNMA			6.000		12/01/36		105,791
	17,634	i	FNMA	LIBOR 12 M + 1.838%		3.499		01/01/37		18,486
	41,224		FNMA			5.500		01/01/37		45,643
	4,263	i	FNMA	LIBOR 6 M + 1.504%		2.952		02/01/37		4,417
	296,006		FNMA			5.500		02/01/37		327,603
	14,307		FNMA			6.000		02/01/37		16,110
	20,884		FNMA			7.000		02/01/37		22,445
	6,030	i	FNMA	LIBOR 12 M + 1.809%		3.559		03/01/37		6,358
	1,806		FNMA			5.000		03/01/37		1,951
	107,553		FNMA			6.500		03/01/37		123,154
	50,429		FNMA			6.500		03/01/37		57,473
	100,261		FNMA			7.000		04/01/37		117,437
	76,780		FNMA			5.000		05/01/37		82,440
	3,515		FNMA			7.000		05/01/37		3,749
	29,555	i	FNMA	LIBOR 12 M + 1.782%		3.563		06/01/37		31,108
	23,537		FNMA			5.500		06/01/37		26,008

144

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	27,988		FNMA			5.500	%	08/01/37	$	31,056
	10,611		FNMA			6.000		08/01/37		11,914
	42,688		FNMA			6.500		08/01/37		47,317
	12,670		FNMA			6.500		08/01/37		14,044
	16,187		FNMA			5.500		09/01/37		17,722
	46,173		FNMA			6.000		09/01/37		51,871
	87,520		FNMA			6.000		09/01/37		100,449
	42,853		FNMA			6.000		09/01/37		48,088
	152,249		FNMA			6.000		09/01/37		172,428
	209,907		FNMA			6.000		09/01/37		240,855
	50,219		FNMA			6.500		09/01/37		55,665
	6,653		FNMA			6.500		09/01/37		7,374
	186,108	i	FNMA	DGS1 + 2.275%		3.483		10/01/37		194,924
	17,517		FNMA			6.500		10/01/37		19,804
	212,378		FNMA			5.500		11/01/37		234,383
	348,827		FNMA			6.000		11/01/37		392,239
	17,447		FNMA			7.000		11/01/37		18,832
	1,483		FNMA			6.500		01/01/38		1,644
	115,448		FNMA			5.500		02/01/38		126,842
	28,506		FNMA			6.500		02/01/38		31,597
	17,573		FNMA			7.000		02/01/38		20,482
	42,413	i	FNMA	LIBOR 12 M + 1.770%		3.520		03/01/38		44,620
	10,325		FNMA			5.000		03/01/38		11,121
	5,111		FNMA			5.000		03/01/38		5,506
	21,863		FNMA			5.500		03/01/38		24,095
	7,143		FNMA			6.000		03/01/38		8,175
	5,860		FNMA			6.500		03/01/38		6,495
	185,933		FNMA			6.500		03/01/38		207,132
	5,433		FNMA			6.500		03/01/38		6,022
	21,830		FNMA			5.000		04/01/38		23,440
	279,242		FNMA			5.500		04/01/38		306,528
	324,902		FNMA			6.000		04/01/38		366,713
	25,286		FNMA			4.500		05/01/38		26,923
	1,139,456		FNMA			5.000		05/01/38		1,238,356
	295,888		FNMA			5.000		05/01/38		317,985
	844,781		FNMA			6.000		06/01/38		946,998
	1,254,696		FNMA			6.500		06/01/38		1,403,284
	269,655		FNMA			6.000		07/01/38		304,604
	6,367	i	FNMA	LIBOR 12 M + 1.603%		3.353		08/01/38		6,641
	3,929	i	FNMA	LIBOR 12 M + 1.750%		3.500		08/01/38		4,118
	822,052		FNMA			6.000		09/01/38		926,138
	38,552	i	FNMA	LIBOR 12 M + 1.351%		3.104		10/01/38		39,753
	3,607		FNMA			6.000		10/01/38		4,031
	18,981		FNMA			5.500		11/01/38		20,912
	4,132		FNMA			5.000		12/01/38		4,443
	754,783		FNMA			5.500		12/01/38		837,020
	102,979		FNMA			4.500		01/01/39		109,800
	98,445		FNMA			5.000		01/01/39		105,703
	3,002,140		FNMA			5.000		01/01/39		3,250,637
	116,220		FNMA			5.500		01/01/39		127,984
	458,534		FNMA			5.500		01/01/39		507,141
	19,985		FNMA			6.000		01/01/39		22,442

145

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	6,747		FNMA			6.000	%	01/01/39	$	7,539
	198,727		FNMA			4.500		02/01/39		211,751
	535,320		FNMA			4.500		02/01/39		570,982
	256,659		FNMA			4.500		02/01/39		273,772
	8,072		FNMA			5.500		02/01/39		8,900
	552,036		FNMA			4.000		04/01/39		580,797
	18,858		FNMA			5.500		04/01/39		20,821
	908,212		FNMA			4.500		05/01/39		979,586
	173,646		FNMA			4.500		05/01/39		185,313
	480,021		FNMA			4.500		06/01/39		512,109
	165,466		FNMA			4.500		06/01/39		176,592
	362,356		FNMA			5.500		06/01/39		400,792
	11,155	i	FNMA	LIBOR 12 M + 1.835%		3.585		07/01/39		11,717
	89,030		FNMA			4.500		07/01/39		95,226
	122,127		FNMA			4.500		07/01/39		130,337
	12,855		FNMA			5.000		07/01/39		13,873
	124,116	i	FNMA	LIBOR 12 M + 1.650%		3.400		08/01/39		129,431
	25,116	i	FNMA	LIBOR 12 M + 1.690%		3.452		08/01/39		26,235
	1,878,901		FNMA			4.000		08/01/39		1,975,960
	288,365		FNMA			4.000		08/01/39		303,100
	26,193		FNMA			4.500		08/01/39		28,405
	1,168,258		FNMA			4.500		08/01/39		1,260,345
	386,498		FNMA			4.500		08/01/39		412,434
	1,638,985		FNMA			5.000		08/01/39		1,766,238
	18,207		FNMA			5.000		08/01/39		19,650
	688,127		FNMA			4.000		09/01/39		723,315
	44,549		FNMA			5.000		09/01/39		48,069
	286,463		FNMA			5.500		09/01/39		319,349
	145,049		FNMA			6.000		09/01/39		163,476
	620,710		FNMA			6.500		10/01/39		703,147
	30,082		FNMA			5.000		11/01/39		32,860
	844,557		FNMA			4.000		12/01/39		887,634
	84,669		FNMA			4.500		12/01/39		91,544
	184,305		FNMA			4.500		12/01/39		197,005
	2,825,410		FNMA			4.500		12/01/39		3,016,374
	21,776	i	FNMA	LIBOR 12 M + 1.815%		3.440		01/01/40		22,828
	52,025		FNMA			4.500		01/01/40		55,560
	60,013		FNMA			5.000		01/01/40		64,782
	367,260		FNMA			6.000		02/01/40		413,847
	553,874		FNMA			4.500		03/01/40		592,881
	266,310		FNMA			4.500		03/01/40		285,185
	27,407		FNMA			5.000		03/01/40		29,566
	25,952		FNMA			4.500		04/01/40		27,804
	971,938		FNMA			5.000		04/01/40		1,049,167
	732,047		FNMA			5.000		04/01/40		790,248
	127,938	i	FNMA	LIBOR 12 M + 1.838%		3.517		05/01/40		134,430
	191,830	i	FNMA	LIBOR 12 M + 1.792%		3.536		05/01/40		201,199
	59,383	i	FNMA	LIBOR 12 M + 1.882%		3.632		05/01/40		62,481
	23,837		FNMA			4.500		05/01/40		25,556
	65,586		FNMA			4.500		07/01/40		70,266
	69,411		FNMA			4.500		07/01/40		74,333
	83,741		FNMA			5.000		07/01/40		90,354
	31,649	i	FNMA	LIBOR 12 M + 1.805%		3.555		08/01/40		33,188

146

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	544,153		FNMA			4.500	%	08/01/40	$	582,512
	750,385		FNMA			4.500		08/01/40		803,539
	564,579		FNMA			5.000		08/01/40		609,276
	1,264,737		FNMA			4.500		09/01/40		1,355,968
	495,510		FNMA			4.500		09/01/40		531,178
	1,094,395		FNMA			6.000		09/01/40		1,238,815
	205,515		FNMA			3.500		10/01/40		212,317
	901,865		FNMA			4.000		10/01/40		948,103
	2,143,968		FNMA			4.000		10/01/40		2,253,153
	1,247,645		FNMA			4.500		10/01/40		1,337,534
	1,697,191		FNMA			3.500		11/01/40		1,753,449
	1,796,929		FNMA			4.000		11/01/40		1,888,863
	1,646,623		FNMA			4.000		11/01/40		1,730,799
	1,020,668		FNMA			4.000		11/01/40		1,072,933
	187,512		FNMA			4.500		11/01/40		201,064
	122,933	i	FNMA	LIBOR 12 M + 1.823%		3.435		12/01/40		128,212
	556,315		FNMA			4.000		12/01/40		584,696
	4,198,808		FNMA			4.500		12/01/40		4,501,115
	62,036		FNMA			3.500		01/01/41		64,092
	79,790	i	FNMA	LIBOR 12 M + 1.806%		3.457		02/01/41		83,683
	322,176		FNMA			3.500		02/01/41		332,858
	1,536,795		FNMA			4.000		02/01/41		1,616,165
	1,425,602		FNMA			4.000		03/01/41		1,498,265
	1,065,667		FNMA			4.500		04/01/41		1,142,413
	1,467,149		FNMA			4.500		05/01/41		1,573,081
	225,615		FNMA			4.500		05/01/41		241,436
	764,167		FNMA			4.500		06/01/41		819,393
	184,054	i	FNMA	LIBOR 12 M + 1.782%		3.567		07/01/41		192,509
	928,159		FNMA			4.500		07/01/41		994,973
	2,567,573		FNMA			4.000		09/01/41		2,698,008
	1,381,205		FNMA			4.500		09/01/41		1,480,282
	467,621		FNMA			5.500		09/01/41		517,703
	54,436	i	FNMA	LIBOR 12 M + 1.800%		2.955		10/01/41		56,504
	295,159	i	FNMA	LIBOR 12 M + 1.825%		3.575		10/01/41		309,013
	850,508		FNMA			3.500		11/01/41		878,557
	936,103		FNMA			3.500		11/01/41		967,060
	659,428	i	FNMA	LIBOR 12 M + 1.750%		2.826		12/01/41		685,622
	5,564,560		FNMA			3.500		12/01/41		5,749,086
	985,380		FNMA			4.000		12/01/41		1,035,439
	2,531,254		FNMA			3.500		03/01/42		2,615,217
	1,692,911		FNMA			4.000		03/01/42		1,778,707
	4,592,982		FNMA			3.500		04/01/42		4,743,790
	1,695,677		FNMA			3.500		04/01/42		1,757,273
	1,974,409		FNMA			4.500		04/01/42		2,116,668
	1,767,236		FNMA			5.000		04/01/42		1,939,730
	1,514,047		FNMA			4.000		05/01/42		1,591,326
	1,966,789		FNMA			5.000		05/01/42		2,123,768
	1,525,243		FNMA			3.000		06/01/42		1,533,789
	6,918,980		FNMA			3.500		06/01/42		7,148,649
	5,914,457		FNMA			4.000		06/01/42		6,214,313
	3,685,275		FNMA			4.000		06/01/42		3,872,498
	11,174,458		FNMA			3.500		07/01/42		11,544,799

147

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	2,146,412		FNMA			4.500	%	07/01/42	$	2,298,425
	2,354,484		FNMA			3.500		08/01/42		2,432,066
	3,622,950		FNMA			3.000		09/01/42		3,643,246
	4,591,945		FNMA			3.500		09/01/42		4,743,559
	21,192,961		FNMA			4.500		09/01/42		22,688,015
	7,516,411		FNMA			3.000		10/01/42		7,558,505
	2,233,936		FNMA			3.500		10/01/42		2,307,372
	2,846,869		FNMA			2.500		01/01/43		2,762,879
	9,278,922		FNMA			3.000		01/01/43		9,330,770
	12,725,609		FNMA			3.000		02/01/43		12,796,905
	3,148,287		FNMA			3.000		04/01/43		3,165,730
	9,146,329		FNMA			3.000		04/01/43		9,197,574
	2,052,510	i	FNMA	LIBOR 12 M + 1.695%		2.121		06/01/43		2,070,509
	9,465,733		FNMA			3.000		06/01/43		9,517,796
	2,226,552	i	FNMA	LIBOR 12 M + 1.550%		1.749		07/01/43		2,296,642
	7,676,917		FNMA			3.000		07/01/43		7,718,349
	7,171,255		FNMA			3.500		07/01/43		7,393,687
	6,776,419		FNMA			3.000		08/01/43		6,813,339
	3,295,968		FNMA			4.000		08/01/43		3,483,223
	5,456,049		FNMA			3.000		09/01/43		5,485,493
	7,023,907		FNMA			3.500		09/01/43		7,239,021
	5,076,425		FNMA			3.500		10/01/43		5,237,806
	645,400		FNMA			4.500		10/01/43		687,803
	1,970,897		FNMA			4.000		11/01/43		2,066,567
	4,706,296		FNMA			4.000		11/01/43		4,936,692
	1,357,600		FNMA			4.500		12/01/43		1,446,615
	4,242,101		FNMA			4.500		12/01/43		4,522,398
	4,954,589		FNMA			4.000		01/01/44		5,192,669
	3,944,298		FNMA			4.000		05/01/44		4,131,979
	4,129,897		FNMA			4.000		07/01/44		4,325,908
	4,503,864		FNMA			4.000		07/01/44		4,717,368
	2,628,944		FNMA			3.500		09/01/44		2,702,155
	4,066,866		FNMA			4.000		09/01/44		4,259,402
	8,937,933		FNMA			3.500		10/01/44		9,186,836
	20,676,398		FNMA			5.000		11/01/44		22,317,788
	4,558,952		FNMA			4.000		12/01/44		4,773,909
	6,410,976		FNMA			3.000		01/01/45		6,443,890
	19,762,066		FNMA			3.000		01/01/45		19,871,754
	14,549,103		FNMA			3.500		02/01/45		14,954,265
	8,508,759		FNMA			3.000		04/01/45		8,526,335
	14,358,671		FNMA			3.500		05/01/45		14,758,529
	11,817,202		FNMA			3.500		07/01/45		12,180,404
	15,699,647		FNMA			4.000		07/01/45		16,436,592
	10,624,447		FNMA			3.500		11/01/45		10,920,315
	27,408,051		FNMA			4.000		11/01/45		28,687,036
	9,506,515		FNMA			3.500		12/01/45		9,771,251
	12,838,685		FNMA			3.500		12/01/45		13,196,216
	8,421,883		FNMA			3.500		01/01/46		8,656,415
	7,585,812		FNMA			3.500		02/01/46		7,797,061
	14,212,126		FNMA			4.500		05/01/46		15,132,425
	8,620,344		FNMA			3.000		06/01/46		8,626,446
	16,502,379		FNMA			3.500		07/01/46		16,961,935
	15,649,241		FNMA			4.000		08/01/46		16,379,624

148

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	13,739,720	FNMA		3.000	%	09/01/46	$	13,749,446
	14,027,127	FNMA		3.000		10/01/46		14,037,056
	27,893,394	FNMA		3.000		11/01/46		27,913,137
	9,054,536	FNMA		3.500		12/01/46		9,306,685
	12,871,866	FNMA		4.000		02/01/47		13,475,836
	14,318,686	FNMA		3.000		03/01/47		14,328,821
	13,928,048	FNMA		3.500		03/01/47		14,315,915
	4,407,883	FNMA		4.000		03/01/47		4,614,935
	19,117,140	FNMA		3.000		04/01/47		19,130,672
	18,736,733	FNMA		3.500		04/01/47		19,258,511
	9,359,711	FNMA		3.500		05/01/47		9,620,360
	18,090,964	FNMA		4.000		07/01/47		18,944,471
	20,501,508	FNMA		3.500		08/01/47		21,072,940
	19,843,931	FNMA		3.500		11/01/47		20,398,069
	10,000,000	FNMA		3.500		01/01/48		10,279,253
	40,000,000	FNMA		4.000		01/01/48		41,942,715
	8,511,050	FNMA		3.500		07/01/55		8,748,065
	23	Government National Mortgage Association (GNMA)		5.000		02/15/18		23
	417	GNMA		4.500		02/15/19		418
	3,935	GNMA		4.500		01/20/24		4,135
	29,821	GNMA		4.000		04/15/24		31,086
	6,261	GNMA		4.500		07/15/24		6,541
	116,943	GNMA		4.000		08/15/24		121,880
	27,812	GNMA		4.500		08/15/24		29,468
	85,655	GNMA		4.000		09/15/24		89,081
	15,866	GNMA		4.500		01/15/25		16,822
	128,119	GNMA		4.000		08/15/25		133,559
	70,570	GNMA		3.500		03/15/26		73,110
	85,757	GNMA		4.000		04/15/26		89,397
	70,715	GNMA		4.000		06/20/26		73,802
	113,003	GNMA		3.500		11/20/26		116,950
	589,983	GNMA		3.000		12/15/26		602,540
	1,829,429	GNMA		2.500		04/20/27		1,838,350
	1,163,987	GNMA		2.500		09/20/27		1,169,691
	1,051	GNMA		6.500		09/15/28		1,166
	437	GNMA		6.500		09/15/28		485
	2,388	GNMA		6.500		11/15/28		2,649
	1,073	GNMA		7.500		11/15/28		1,174
	1,747,991	GNMA		3.500		11/20/28		1,809,608
	7,779	GNMA		8.500		10/15/30		8,136
	3,486	GNMA		8.500		10/20/30		4,004
	438	GNMA		8.500		12/15/30		532
	571	GNMA		7.000		06/20/31		672
	1,663	GNMA		7.000		07/15/31		1,724
	1,807	GNMA		7.000		07/15/31		1,958
	9,681,079	GNMA		3.000		08/20/32		9,936,357
	210,166	GNMA		6.000		10/15/32		237,672
	27,778	GNMA		5.500		12/20/32		30,808
	63,971	GNMA		5.500		05/15/33		70,418
	10,368	GNMA		5.000		07/15/33		11,250
	42,980	GNMA		5.500		07/15/33		47,771
	8,836	GNMA		5.000		07/20/33		9,609

149

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	25,839	GNMA		5.000	%	08/15/33	$	27,800
	28,254	GNMA		5.000		08/15/33		30,406
	150,503	GNMA		5.500		09/15/33		169,851
	115,069	GNMA		6.000		11/20/33		130,564
	51,126	GNMA		5.500		05/20/34		56,687
	73,237	GNMA		6.000		09/20/34		84,017
	5,965	GNMA		5.000		10/20/34		6,493
	156,625	GNMA		5.500		11/15/34		173,910
	72,440	GNMA		6.500		01/15/35		83,720
	38,985	GNMA		5.500		02/20/35		43,226
	732,540	GNMA		5.000		03/20/35		804,344
	233,507	GNMA		5.000		04/15/35		253,377
	237,848	GNMA		5.500		05/20/35		263,786
	9,255	GNMA		5.000		09/20/35		10,061
	3,904	GNMA		5.000		11/15/35		4,201
	5,470	GNMA		5.000		11/15/35		5,937
	65,078	GNMA		5.500		02/20/36		71,807
	7,510	GNMA		5.500		03/15/36		8,399
	21,118	GNMA		5.500		05/20/36		23,197
	5,886	GNMA		6.500		06/15/36		6,714
	198,514	GNMA		5.500		06/20/36		217,021
	11,758	GNMA		5.000		09/15/36		12,756
	6,453	GNMA		6.000		09/15/36		7,250
	18,858	GNMA		6.000		10/20/36		21,092
	13,548	GNMA		5.000		12/15/36		14,697
	10,795	GNMA		5.500		01/15/37		11,842
	11,486	GNMA		6.000		01/20/37		13,036
	262,654	GNMA		5.500		02/15/37		289,221
	40,891	GNMA		6.000		02/20/37		46,277
	304,046	GNMA		6.000		04/15/37		343,064
	11,216	GNMA		6.500		04/15/37		12,443
	180,751	GNMA		6.000		04/20/37		203,185
	17,583	GNMA		6.000		06/15/37		19,746
	23,210	GNMA		6.000		08/20/37		26,165
	19,196	GNMA		6.500		08/20/37		22,436
	87,966	GNMA		6.500		11/20/37		103,093
	34,163	GNMA		6.000		12/15/37		38,203
	5,685	GNMA		5.000		02/20/38		6,174
	143,626	GNMA		5.000		04/15/38		155,812
	5,564	GNMA		5.500		05/20/38		6,088
	28,204	GNMA		5.500		06/15/38		31,435
	61,066	GNMA		6.000		06/20/38		68,800
	87,980	GNMA		5.500		07/15/38		96,693
	492,132	GNMA		5.000		07/20/38		535,796
	449,322	GNMA		5.500		07/20/38		492,666
	10,589	GNMA		5.500		08/15/38		11,652
	183,851	GNMA		6.000		08/15/38		205,591
	78,642	GNMA		6.000		08/15/38		87,957
	44,911	GNMA		6.000		08/20/38		50,635
	176,095	GNMA		6.000		09/20/38		196,710
	64,665	GNMA		5.000		10/15/38		69,612
	15,850	GNMA		5.500		10/15/38		17,894
	21,061	GNMA		6.500		10/20/38		22,217

150

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	8,580		GNMA			6.500	%	10/20/38	$	9,777
	2,372		GNMA			5.500		11/15/38		2,607
	34,412		GNMA			6.500		11/20/38		39,080
	171,374		GNMA			6.000		12/15/38		191,639
	3,751		GNMA			6.500		12/15/38		4,330
	35,410		GNMA			5.000		01/15/39		38,421
	822,912		GNMA			4.500		01/20/39		870,953
	88,414		GNMA			6.500		01/20/39		100,053
	34,855		GNMA			5.000		02/15/39		37,829
	11,538		GNMA			6.000		02/15/39		12,902
	29,969		GNMA			4.500		03/15/39		31,597
	266,939		GNMA			4.500		03/15/39		281,067
	46,387	i	GNMA	DGS1 + 1.500%		2.625		03/20/39		47,262
	10,442		GNMA			4.500		03/20/39		11,081
	172,430		GNMA			5.500		03/20/39		189,113
	17,299		GNMA			4.500		04/15/39		18,274
	279,334		GNMA			5.500		04/15/39		312,781
	6,497		GNMA			5.000		04/20/39		7,065
	35,198		GNMA			4.000		05/15/39		36,720
	501,524		GNMA			4.500		05/15/39		529,847
	241,726		GNMA			5.000		05/15/39		262,178
	35,402		GNMA			4.000		05/20/39		37,276
	93,525		GNMA			4.500		05/20/39		99,190
	1,927,834		GNMA			5.000		05/20/39		2,096,945
	14,949		GNMA			4.500		06/15/39		15,795
	1,439,334		GNMA			4.500		06/15/39		1,520,593
	1,599,826		GNMA			5.000		06/15/39		1,759,072
	1,477,635		GNMA			5.000		06/15/39		1,624,405
	31,746		GNMA			5.000		06/15/39		34,432
	14,287		GNMA			5.000		06/15/39		15,498
	17,426		GNMA			5.000		06/15/39		18,912
	21,687		GNMA			4.000		06/20/39		22,867
	12,816		GNMA			5.000		06/20/39		13,934
	1,707,216		GNMA			4.000		07/15/39		1,780,995
	19,869		GNMA			4.500		07/15/39		20,966
	42,123		GNMA			4.500		07/15/39		44,498
	1,875,194		GNMA			4.500		07/15/39		2,010,194
	18,083		GNMA			5.000		07/15/39		19,624
	215,354		GNMA			4.500		07/20/39		228,416
	185,123		GNMA			5.000		07/20/39		202,019
	19,204		GNMA			5.500		07/20/39		21,056
	90,847		GNMA			4.000		08/15/39		94,788
	236,988		GNMA			5.000		08/15/39		256,867
	15,485		GNMA			5.500		08/15/39		17,018
	109,152		GNMA			6.000		08/15/39		122,059
	61,817		GNMA			4.000		08/20/39		65,273
	48,689		GNMA			5.000		08/20/39		52,938
	42,030		GNMA			5.000		09/15/39		45,579
	67,178		GNMA			5.000		09/20/39		73,041
	13,994		GNMA			4.500		10/15/39		14,783
	9,635		GNMA			5.000		10/15/39		10,452
	21,169		GNMA			4.500		10/20/39		22,451

151

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	41,093		GNMA			4.500	%	11/15/39	$	43,819
	31,266		GNMA			4.500		11/20/39		33,179
	36,423		GNMA			5.000		11/20/39		39,601
	74,830		GNMA			4.500		12/15/39		78,827
	1,041,247		GNMA			4.500		12/15/39		1,099,957
	31,015		GNMA			4.500		12/20/39		32,896
	1,115,435		GNMA			5.000		12/20/39		1,216,712
	1,046,856		GNMA			4.500		01/20/40		1,110,368
	15,203		GNMA			5.500		01/20/40		16,656
	578,728		GNMA			5.500		02/15/40		636,390
	75,607		GNMA			4.000		03/15/40		78,884
	16,322		GNMA			5.000		03/15/40		17,703
	7,684		GNMA			4.500		04/15/40		8,114
	209,559		GNMA			5.000		04/15/40		228,507
	42,038		GNMA			4.500		04/20/40		44,589
	6,670		GNMA			4.500		05/15/40		7,062
	195,123		GNMA			5.000		05/15/40		211,268
	390,378	i	GNMA	DGS1 + 1.500%		2.625		05/20/40		403,578
	9,184		GNMA			4.500		05/20/40		9,740
	3,500,155		GNMA			4.500		06/15/40		3,706,614
	15,180		GNMA			4.500		06/15/40		16,078
	11,288		GNMA			4.500		06/15/40		11,931
	206,456		GNMA			5.000		06/20/40		226,516
	432,700		GNMA			4.500		07/15/40		458,288
	120,833		GNMA			4.500		07/15/40		127,706
	1,497,762		GNMA			4.500		07/20/40		1,588,580
	44,612		GNMA			5.000		07/20/40		48,505
	299,271		GNMA			4.000		08/15/40		313,545
	1,373,927		GNMA			4.000		08/15/40		1,440,743
	141,563		GNMA			4.500		08/15/40		151,512
	115,287		GNMA			4.500		08/20/40		122,273
	94,617		GNMA			4.500		09/20/40		100,379
	27,724		GNMA			5.500		09/20/40		30,329
	36,502		GNMA			6.500		09/20/40		41,307
	40,871		GNMA			4.000		10/15/40		42,956
	84,613		GNMA			6.000		10/20/40		95,834
	504,956		GNMA			4.000		11/15/40		530,417
	1,274,119		GNMA			4.000		11/20/40		1,341,716
	300,198		GNMA			3.500		12/15/40		310,989
	445,364		GNMA			5.500		12/20/40		488,291
	1,430,432		GNMA			4.000		01/15/41		1,499,462
	3,316,120		GNMA			4.000		01/20/41		3,491,944
	276,804		GNMA			4.000		02/15/41		290,101
	901,441		GNMA			4.500		02/20/41		956,119
	501,429		GNMA			4.500		03/15/41		530,949
	1,096,016		GNMA			4.500		04/20/41		1,162,429
	222,580		GNMA			5.000		04/20/41		242,003
	98,289	i	GNMA	DGS1 + 1.500%		2.625		06/20/41		101,153
	243,402		GNMA			4.000		07/15/41		255,141
	439,881		GNMA			4.000		07/20/41		463,219
	1,420,322		GNMA			4.500		07/20/41		1,504,654
	1,221,949		GNMA			5.000		07/20/41		1,336,805
	323,339		GNMA			4.500		08/15/41		343,079

152

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	550,053		GNMA			5.000	%	08/20/41	$	598,690
	751,653		GNMA			4.000		09/15/41		787,946
	55,828	i	GNMA	DGS1 + 1.500%		2.750		09/20/41		57,442
	1,981,696		GNMA			4.000		09/20/41		2,086,821
	123,355		GNMA			4.000		10/15/41		129,014
	130,488	i	GNMA	DGS1 + 1.500%		2.250		10/20/41		134,613
	75,407	i	GNMA	DGS1 + 1.500%		2.500		10/20/41		77,818
	2,545,660		GNMA			4.000		10/20/41		2,680,824
	312,712		GNMA			5.500		10/20/41		344,322
	798,608		GNMA			3.500		11/15/41		829,123
	1,733,199		GNMA			4.000		11/15/41		1,816,575
	3,256,265		GNMA			4.500		11/20/41		3,448,773
	1,359,768		GNMA			5.000		11/20/41		1,477,916
	389,119		GNMA			6.000		11/20/41		432,332
	1,732,162		GNMA			3.500		01/20/42		1,801,588
	413,027	i	GNMA	DGS1 + 1.500%		2.375		02/20/42		425,249
	844,851		GNMA			3.500		03/20/42		878,714
	1,331,996		GNMA			4.500		03/20/42		1,412,304
	1,550,902		GNMA			3.500		04/15/42		1,610,167
	2,530,859		GNMA			3.500		05/20/42		2,630,741
	8,082,108		GNMA			3.500		05/20/42		8,406,058
	1,816,469		GNMA			4.000		05/20/42		1,912,200
	3,956,023		GNMA			3.500		07/15/42		4,107,205
	440,839	i	GNMA	DGS1 + 1.500%		2.750		07/20/42		450,335
	1,891,213		GNMA			3.500		07/20/42		1,967,019
	2,334,054		GNMA			3.000		08/20/42		2,364,944
	2,657,149		GNMA			3.500		08/20/42		2,762,017
	7,921,789		GNMA			3.500		08/20/42		8,239,322
	1,369,858		GNMA			6.000		08/20/42		1,546,570
	3,077,999		GNMA			3.500		10/20/42		3,201,378
	3,391,976		GNMA			3.000		11/20/42		3,437,914
	2,842,666		GNMA			3.000		12/20/42		2,874,662
	3,945,280		GNMA			3.000		12/20/42		3,999,118
	2,337,977		GNMA			3.000		01/15/43		2,369,100
	5,182,117		GNMA			3.000		01/15/43		5,268,820
	3,004,657		GNMA			3.000		01/20/43		3,045,969
	5,103,020		GNMA			3.000		02/20/43		5,173,710
	3,121,858		GNMA			3.000		02/20/43		3,158,383
	971,127		GNMA			3.000		04/15/43		987,359
	962,492		GNMA			5.000		04/20/43		1,040,863
	2,078,300		GNMA			3.000		05/20/43		2,107,091
	3,215,235		GNMA			3.000		06/20/43		3,259,777
	6,251,619		GNMA			3.500		06/20/43		6,498,397
	6,947,375		GNMA			3.000		07/20/43		7,043,621
	3,223,250		GNMA			3.500		07/20/43		3,352,464
	4,703,805		GNMA			3.500		09/20/43		4,892,383
	1,766,653		GNMA			4.000		09/20/43		1,857,031
	1,590,913		GNMA			4.000		10/20/43		1,676,973
	874,184		GNMA			3.500		11/20/43		909,231
	1,930,382		GNMA			4.000		11/20/43		2,029,138
	1,634,175		GNMA			4.500		12/20/43		1,727,279
	1,717,121		GNMA			4.500		01/20/44		1,814,904

153

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	2,281,979	GNMA		3.500	%	02/20/44	$	2,373,471
	3,236,358	GNMA		4.000		02/20/44		3,401,929
	3,280,407	GNMA		4.000		05/20/44		3,447,484
	3,418,442	GNMA		4.000		06/20/44		3,592,549
	9,666,215	GNMA		3.500		07/20/44		10,031,191
	2,549,514	GNMA		4.500		10/20/44		2,693,587
	6,970,163	GNMA		3.500		11/20/44		7,219,224
	9,300,973	GNMA		3.000		12/20/44		9,414,995
	22,579,630	GNMA		3.500		02/20/45		23,394,518
	9,848,699	GNMA		3.000		04/20/45		9,946,974
	10,459,304	GNMA		3.000		06/20/45		10,562,327
	10,888,905	GNMA		3.000		07/20/45		10,995,458
	19,534,354	GNMA		4.000		11/20/45		20,483,139
	11,136,124	GNMA		3.000		12/20/45		11,245,075
	10,138,254	GNMA		3.500		12/20/45		10,503,397
	12,253,836	GNMA		4.000		04/20/46		12,856,524
	8,152,816	GNMA		3.000		05/20/46		8,232,580
	35,102,496	GNMA		3.500		05/20/46		36,355,979
	12,651,901	GNMA		3.000		06/20/46		12,775,681
	7,981,415	GNMA		3.500		06/20/46		8,265,199
	16,548,970	GNMA		3.500		08/20/46		17,137,024
	8,973,609	GNMA		3.000		09/20/46		9,061,402
	37,431,306	GNMA		3.500		09/20/46		38,761,397
	9,259,527	GNMA		3.000		12/20/46		9,350,118
	9,336,236	GNMA		3.000		01/20/47		9,427,578
	13,542,486	GNMA		3.500		01/20/47		14,023,707
	7,909,189	GNMA		4.000		01/20/47		8,254,835
	27,994,921	GNMA		3.000		02/20/47		28,268,810
	27,105,160	GNMA		3.500		02/20/47		28,068,320
	21,683,139	GNMA		4.000		04/20/47		22,631,298
	19,030,767	GNMA		3.500		05/20/47		19,707,010
	9,724,575	GNMA		3.500		06/20/47		10,070,130
	19,867,476	GNMA		3.000		08/20/47		20,061,850
	24,673,195	GNMA		3.500		08/20/47		25,549,937
	39,913,423	GNMA		3.500		11/20/47		41,331,714
	30,000,000	GNMA		3.500		12/20/47		31,066,026
		TOTAL MORTGAGE BACKED						2,506,524,159
MUNICIPAL BONDS - 0.8%
	200,000	Alabama Economic Settlement Authority		4.263		09/15/32		215,296
	300,000	American Municipal Power		7.834		02/15/41		468,312
	500,000	American Municipal Power		6.270		02/15/50		654,155
	500,000	Bay Area Toll Authority		6.263		04/01/49		738,660
	200,000	California State University		3.899		11/01/47		210,350
	720,000	Central Puget Sound Regional Transit Authority		5.491		11/01/39		921,053
	250,000	City of Chicago IL		7.375		01/01/33		289,245
	300,000	City of Chicago IL		5.432		01/01/42		288,903
	190,000	City of Houston TX		3.961		03/01/47		195,267
	750,000	City Public Service Board of San Antonio TX		5.808		02/01/41		996,907
	150,000	Colorado Bridge Enterprise		6.078		12/01/40		194,802
	200,000	Commonwealth Financing Authority		4.014		06/01/33		208,442
	100,000	Commonwealth Financing Authority		4.144		06/01/38		106,010
	200,000	Commonwealth of Massachusetts		4.200		12/01/21		209,724

154

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	500,000	Commonwealth of Massachusetts		5.731	%	06/01/40	$	652,090
	100,000	Commonwealth of Massachusetts		3.277		06/01/46		96,457
	195,000	Commonwealth of Pennsylvania		5.850		07/15/30		209,208
	200,000	County of Clark NV		6.820		07/01/45		311,980
	350,000	Denver City & County School District No		4.242		12/15/37		371,493
	200,000	District of Columbia		5.591		12/01/34		247,178
	100,000	East Baton Rouge Sewerage Commission		6.087		02/01/45		107,232
	200,000	Energy Northwest		2.814		07/01/24		199,640
	500,000	Florida Hurricane Catastrophe Fund Finance Corp		2.995		07/01/20		506,545
	200,000	Florida State Board of Administration Finance Corp		2.163		07/01/19		199,568
	200,000	Florida State Board of Administration Finance Corp		2.638		07/01/21		200,206
	200,000	Health & Educational Facilities Authority of the State of Missouri		3.651		01/15/46		203,990
	200,000	Health & Educational Facilities Authority of the State of Missouri		3.086		09/15/51		181,330
	200,000	Health & Educational Facilities Authority of the State of Missouri		3.652		08/15/57		203,270
	12,962	Kentucky Asset Liability Commission		3.165		04/01/18		13,009
	630,000	Los Angeles Unified School District		5.750		07/01/34		803,370
	100,000	Massachusetts School Building Authority		5.715		08/15/39		127,338
	200,000	Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd		4.053		07/01/26		212,366
	100,000	Metropolitan Government of Nashville & Davidson County		6.731		07/01/43		138,045
	940,000	Metropolitan Transportation Authority		6.648		11/15/39		1,315,192
	650,000	Metropolitan Transportation Authority		7.336		11/15/39		1,005,803
	500,000	Missouri Highway & Transportation Commission		5.445		05/01/33		606,240
	250,000	Municipal Electric Authority of Georgia		6.637		04/01/57		320,460
	500,000	Municipal Electric Authority of Georgia		6.655		04/01/57		629,800
	947,000	New Jersey Economic Development Authority		7.425		02/15/29		1,184,375
	335,000	New Jersey State Turnpike Authority		7.414		01/01/40		517,079
	1,000,000	New Jersey State Turnpike Authority		7.102		01/01/41		1,493,930
	800,000	New Jersey Transportation Trust Fund Authority		5.754		12/15/28		918,424
	360,000	New Jersey Transportation Trust Fund Authority		6.104		12/15/28		377,802
	700,000	New Jersey Transportation Trust Fund Authority		6.875		12/15/39		727,174
	1,100,000	New York City Municipal Water Finance Authority		5.790		06/15/41		1,189,210
	500,000	New York City Municipal Water Finance Authority		5.440		06/15/43		657,890
	600,000	New York State Dormitory Authority		5.289		03/15/33		703,782
	130,000	New York State Dormitory Authority		5.628		03/15/39		162,363
	545,000	New York State Dormitory Authority		5.600		03/15/40		699,644
	400,000	New York State Urban Development Corp		5.838		03/15/40		504,188
	100,000	Ohio State University		4.910		06/01/40		121,143
	500,000	Ohio State University		3.798		12/01/46		516,550
	200,000	Ohio State University		4.048		12/01/56		214,552
	675,000	Ohio State Water Development Authority		4.879		12/01/34		777,843
	750,000	Oregon School Boards Association		4.759		06/30/28		825,885
	250,000	Oregon School Boards Association		5.680		06/30/28		295,522
	100,000	Oregon State Department of Transportation		5.834		11/15/34		128,790
	300,000	Permanent University Fund-Texas A&M University System		3.660		07/01/47		299,898
	200,000	Permanent University Fund-University of Texas System		3.376		07/01/47		200,888

155

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	Port Authority of New York & New Jersey		6.040	%	12/01/29	$	254,802
	500,000	Port Authority of New York & New Jersey		5.647		11/01/40		655,815
	300,000	Port Authority of New York & New Jersey		4.823		06/01/45		330,063
	1,000,000	Port Authority of New York & New Jersey		5.310		08/01/46		1,120,020
	400,000	Port Authority of New York & New Jersey		4.229		10/15/57		443,048
	200,000	Port Authority of New York & New Jersey		4.810		10/15/65		243,634
	200,000	Sales Tax Securitization Corp		3.587		01/01/43		199,666
	100,000	Salt River Project Agricultural Improvement & Power District		4.839		01/01/41		120,351
	100,000	San Jose Redevelopment Agency		3.375		08/01/34		98,520
	800,000	Santa Clara Valley Transportation Authority		5.876		04/01/32		969,440
	500,000	South Carolina Public Service Authority		2.388		12/01/23		475,985
	600,000	State of California		6.200		10/01/19		643,050
	645,000	State of California		5.700		11/01/21		719,201
	250,000	State of California		7.500		04/01/34		370,205
	1,285,000	State of California		7.550		04/01/39		2,022,089
	3,400,000	State of California		7.300		10/01/39		5,072,324
	2,740,000	State of California		7.625		03/01/40		4,286,593
	200,000	State of California Department of Water Resources Power Supply Revenue		2.000		05/01/22		195,478
	300,000	State of Connecticut		5.090		10/01/30		332,895
	620,000	State of Connecticut		5.850		03/15/32		745,649
	5,950,000	State of Illinois		5.100		06/01/33		5,940,123
	1,295,000	State of Illinois		6.725		04/01/35		1,438,149
	500,000	State of Illinois		5.650		12/01/38		512,950
	500,000	State of Kansas Department of Transportation		4.596		09/01/35		568,640
	272,060	State of Oregon		5.762		06/01/23		298,716
	600,000	State of Texas		4.631		04/01/33		681,480
	50,000	State of Texas		5.517		04/01/39		65,640
	1,000,000	State of Texas		4.681		04/01/40		1,183,270
	575,000	State of Texas Transportation Commission		5.028		04/01/26		645,788
	500,000	State of Utah		3.539		07/01/25		521,175
	200,000	State of Washington		5.090		08/01/33		238,238
	200,000	State of Wisconsin		3.154		05/01/27		202,796
	200,000	State of Wisconsin		3.954		05/01/36		208,010
	604,000	State Public School Building Authority		5.000		09/15/27		675,520
	100,000	Sumter Landing Community Development District		4.172		10/01/47		108,418
	2,000,000	Tennessee Valley Authority		4.500		04/01/18		2,014,896
	300,000	Tennessee Valley Authority		1.750		10/15/18		300,024
	750,000	Tennessee Valley Authority		3.875		02/15/21		790,946
	750,000	Tennessee Valley Authority		2.875		09/15/24		769,765
	200,000	Tennessee Valley Authority		2.875		02/01/27		203,748
	500,000	Tennessee Valley Authority		5.880		04/01/36		702,552
	500,000	Tennessee Valley Authority		5.500		06/15/38		684,175
	4,300,000	Tennessee Valley Authority		3.500		12/15/42		4,649,366
	1,750,000	Tennessee Valley Authority		4.625		09/15/60		2,203,469
	300,000	Tennessee Valley Authority		4.250		09/15/65		354,236
	500,000	University of California		1.796		07/01/19		498,205
	200,000	University of California		3.063		07/01/25		202,178
	200,000	University of California		5.770		05/15/43		261,592
	200,000	University of California		3.931		05/15/45		207,670
	200,000	University of California		4.131		05/15/45		211,558
	860,000	University of California		4.858		05/15/12		959,966

156

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	200,000	University of California		4.767	%	05/15/15	$	218,678
	100,000	University of Pennsylvania		4.674		09/01/12		112,791
	300,000	University of Southern California		3.028		10/01/39		286,132
	200,000	University of Southern California		3.841		10/01/47		213,161
	200,000	University of Southern California		5.250		10/01/11		251,545
	700,000	University of Texas		4.794		08/15/46		840,665
	200,000	University of Texas System		3.852		08/15/46		219,644
	150,000	Virginia Commonwealth Transportation Board		5.350		05/15/35		179,801
		TOTAL MUNICIPAL BONDS						77,000,372
U.S. TREASURY SECURITIES - 37.5%
	21,250,000	United States Treasury Bond		4.500		02/15/36		27,337,754
	47,400,000	United States Treasury Bond		5.000		05/15/37		64,942,740
	4,644,000	United States Treasury Bond		4.375		02/15/38		5,931,708
	61,983,000	United States Treasury Bond		3.500		02/15/39		70,730,620
	18,850,000	United States Treasury Bond		4.375		11/15/39		24,232,417
	12,585,000	United States Treasury Bond		3.875		08/15/40		15,148,804
	11,185,000	United States Treasury Bond		4.250		11/15/40		14,191,798
	26,350,000	United States Treasury Bond		4.375		05/15/41		34,059,450
	10,000,000	United States Treasury Bond		3.750		08/15/41		11,838,889
	13,300,000	United States Treasury Bond		3.125		11/15/41		14,283,552
	4,550,000	United States Treasury Bond		3.125		02/15/42		4,886,089
	22,000,000	United States Treasury Bond		3.000		05/15/42		23,131,942
	10,000,000	United States Treasury Bond		2.750		08/15/42		10,058,897
	4,000,000	United States Treasury Bond		2.750		11/15/42		4,021,036
	10,250,000	United States Treasury Bond		2.875		05/15/43		10,528,266
	6,500,000	United States Treasury Bond		3.625		08/15/43		7,578,452
	2,000,000	United States Treasury Bond		3.750		11/15/43		2,380,615
	7,615,000	United States Treasury Bond		3.625		02/15/44		8,891,743
	2,500,000	United States Treasury Bond		3.375		05/15/44		2,802,427
	14,000,000	United States Treasury Bond		3.125		08/15/44		15,031,185
	16,750,000	United States Treasury Bond		3.000		11/15/44		17,574,380
	16,000,000	United States Treasury Bond		2.500		02/15/45		15,236,012
	22,000,000	United States Treasury Bond		3.000		05/15/45		23,079,198
	16,000,000	United States Treasury Bond		2.875		08/15/45		16,390,735
	10,750,000	United States Treasury Bond		3.000		11/15/45		11,277,278
	22,000,000	United States Treasury Bond		2.500		02/15/46		20,911,515
	27,000,000	United States Treasury Bond		2.500		05/15/46		25,654,595
	10,000,000	United States Treasury Bond		2.250		08/15/46		9,010,233
	18,300,000	United States Treasury Bond		2.875		11/15/46		18,751,706
	28,000,000	United States Treasury Bond		3.000		02/15/47		29,414,619
	3,500,000	United States Treasury Bond		3.000		05/15/47		3,675,730
	30,000,000	United States Treasury Bond		2.750		08/15/47		30,003,782
	40,000,000	United States Treasury Bond		2.750		11/15/47		40,020,600
	15,000,000	United States Treasury Note		1.375		07/31/18		14,980,024
	13,065,000	United States Treasury Note		2.250		07/31/18		13,113,436
	40,350,000	United States Treasury Note		1.500		08/31/18		40,299,027
	22,000,000	United States Treasury Note		1.375		09/30/18		21,941,056
	28,000,000	United States Treasury Note		1.250		10/31/18		27,887,890
	20,000,000	United States Treasury Note		0.750		02/15/19		19,756,950
	30,000,000	United States Treasury Note		1.500		02/28/19		29,879,085
	11,000,000	United States Treasury Note		1.625		03/31/19		10,967,193

157

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	40,750,000	United States Treasury Note		1.500	%	05/31/19	$	40,543,522
	40,000,000	United States Treasury Note		1.625		06/30/19		39,857,946
	18,000,000	United States Treasury Note		1.625		07/31/19		17,932,411
	9,000,000	United States Treasury Note		1.250		08/31/19		8,907,422
	50,500,000	United States Treasury Note		1.625		08/31/19		50,290,224
	10,000,000	United States Treasury Note		0.875		09/15/19		9,831,471
	9,000,000	United States Treasury Note		1.375		09/30/19		8,921,403
	38,500,000	United States Treasury Note		1.750		09/30/19		38,408,901
	10,000,000	United States Treasury Note		1.000		10/15/19		9,846,613
	57,000,000	United States Treasury Note		1.500		11/30/19		56,581,275
	25,000,000	United States Treasury Note		1.750		11/30/19		24,934,504
	33,500,000	United States Treasury Note		1.625		12/31/19		33,320,330
	15,000,000	United States Treasury Note		1.875		12/31/19		14,993,373
	78,500,000	United States Treasury Note		1.375		02/29/20		77,604,025
	5,000,000	United States Treasury Note		1.375		03/31/20		4,940,797
	20,000,000	United States Treasury Note		1.375		04/30/20		19,749,970
	50,000,000	United States Treasury Note		1.500		05/31/20		49,502,066
	38,000,000	United States Treasury Note		1.500		06/15/20		37,612,743
	45,000,000	United States Treasury Note		1.625		06/30/20		44,662,782
	22,500,000	United States Treasury Note		1.625		07/31/20		22,324,472
	4,000,000	United States Treasury Note		2.000		07/31/20		4,006,137
	5,342,000	United States Treasury Note		2.625		08/15/20		5,434,716
	34,000,000	United States Treasury Note		1.375		08/31/20		33,499,891
	20,000,000	United States Treasury Note		1.375		09/15/20		19,712,905
	30,000,000	United States Treasury Note		1.375		09/30/20		29,540,152
	6,000,000	United States Treasury Note		2.000		09/30/20		6,007,634
	40,000,000	United States Treasury Note		1.375		10/31/20		39,351,200
	50,000,000	United States Treasury Note		1.625		11/30/20		49,494,017
	5,000,000	United States Treasury Note		2.000		11/30/20		5,004,282
	43,000,000	United States Treasury Note		1.875		12/15/20		42,872,381
	25,000,000	United States Treasury Note		1.750		12/31/20		24,824,329
	48,500,000	United States Treasury Note		1.375		01/31/21		47,571,943
	5,900,000	United States Treasury Note		3.625		02/15/21		6,186,719
	16,000,000	United States Treasury Note		1.125		02/28/21		15,558,226
	10,000,000	United States Treasury Note		2.000		02/28/21		9,993,411
	50,000,000	United States Treasury Note		1.250		03/31/21		48,762,066
	55,000,000	United States Treasury Note		1.375		04/30/21		53,805,888
	65,000,000	United States Treasury Note		1.375		05/31/21		63,532,988
	25,000,000	United States Treasury Note		1.125		06/30/21		24,209,238
	39,000,000	United States Treasury Note		1.125		07/31/21		37,711,619
	27,610,000	United States Treasury Note		2.125		08/15/21		27,648,046
	40,000,000	United States Treasury Note		1.125		08/31/21		38,638,020
	30,185,000	United States Treasury Note		1.125		09/30/21		29,123,067
	50,000,000	United States Treasury Note		1.250		10/31/21		48,434,394
	13,379,100	United States Treasury Note		8.000		11/15/21		16,299,089
	57,000,000	United States Treasury Note		1.750		11/30/21		56,201,640
	51,700,000	United States Treasury Note		2.000		12/31/21		51,434,352
	24,300,000	United States Treasury Note		1.875		01/31/22		24,045,902
	60,000,000	United States Treasury Note		1.875		02/28/22		59,346,472
	3,000,000	United States Treasury Note		1.750		03/31/22		2,950,547
	51,000,000	United States Treasury Note		1.875		03/31/22		50,420,265
	92,000,000	United States Treasury Note		1.875		04/30/22		90,892,513
	33,000,000	United States Treasury Note		1.750		05/31/22		32,422,064

158

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	30,000,000	United States Treasury Note		1.750	%	06/30/22	$	29,454,477
	63,000,000	United States Treasury Note		1.875		07/31/22		62,139,399
	55,000,000	United States Treasury Note		1.625		08/31/22		53,633,866
	35,000,000	United States Treasury Note		1.875		09/30/22		34,488,563
	65,000,000	United States Treasury Note		2.000		10/31/22		64,425,434
	10,500,000	United States Treasury Note		1.625		11/15/22		10,231,201
	108,000,000	United States Treasury Note		2.000		11/30/22		107,001,806
	16,000,000	United States Treasury Note		2.125		12/31/22		15,931,200
	12,000,000	United States Treasury Note		2.500		08/15/23		12,160,403
	11,000,000	United States Treasury Note		1.375		08/31/23		10,484,498
	13,000,000	United States Treasury Note		2.750		11/15/23		13,349,217
	20,000,000	United States Treasury Note		2.125		11/30/23		19,832,593
	15,000,000	United States Treasury Note		2.250		01/31/24		14,964,539
	25,000,000	United States Treasury Note		2.125		03/31/24		24,739,621
	26,000,000	United States Treasury Note		2.500		05/15/24		26,287,625
	15,000,000	United States Treasury Note		1.875		08/31/24		14,592,826
	42,005,000	United States Treasury Note		2.250		11/15/24		41,778,319
	14,000,000	United States Treasury Note		2.000		02/15/25		13,682,118
	37,000,000	United States Treasury Note		2.125		05/15/25		36,425,557
	37,000,000	United States Treasury Note		2.000		08/15/25		36,061,168
	30,000,000	United States Treasury Note		2.250		11/15/25		29,728,384
	44,500,000	United States Treasury Note		1.625		02/15/26		42,012,946
	30,000,000	United States Treasury Note		1.625		05/15/26		28,248,158
	25,000,000	United States Treasury Note		1.500		08/15/26		23,252,910
	15,600,000	United States Treasury Note		2.000		11/15/26		15,092,798
	27,000,000	United States Treasury Note		2.250		02/15/27		26,637,620
	27,000,000	United States Treasury Note		2.375		05/15/27		26,914,753
	61,000,000	United States Treasury Note		2.250		08/15/27		60,123,203
	58,500,000	United States Treasury Note		2.250		11/15/27		57,656,419
		TOTAL U.S. TREASURY SECURITIES						3,468,867,412
		TOTAL GOVERNMENT BONDS						6,575,464,140
		(Cost $6,583,355,079)
STRUCTURED ASSETS - 2.3%
ASSET BACKED - 0.8%
	291,792	American Airlines Pass Through Trust		4.950		01/15/23		310,533
	400,521	American Airlines Pass Through Trust		4.000		07/15/25		412,336
	249,210	American Airlines Pass Through Trust		3.700		10/01/26		254,817
	263,597	American Airlines Pass Through Trust		3.375		05/01/27		263,317
	185,796	American Airlines Pass Through Trust		3.600		09/22/27		188,954
	190,319	American Airlines Pass Through Trust		3.575		01/15/28		193,763
	165,900	American Airlines Pass Through Trust		3.200		06/15/28		165,414
	300,000	American Airlines Pass Through Trust		3.650		02/15/29		306,540
	1,885,000	American Express Credit Account Master Trust		1.930		09/15/22		1,875,996
		Series - 2017 1 (Class A)
	3,000,000	AmeriCredit Automobile Receivables Trust		2.510		01/08/21		3,008,315
		Series - 2015 1 (Class C)
	1,565,000	AmeriCredit Automobile Receivables Trust		2.730		03/08/21		1,573,129
		Series - 2015 3 (Class C)
	955,000	AmeriCredit Automobile Receivables Trust		1.830		12/08/21		945,243
		Series - 2016 4 (Class B)

159

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,325,000		AmeriCredit Automobile Receivables Trust		2.600	%	09/18/23	$	1,320,637
			Series - 2017 4 (Class C)
	1,000,000		BMW Vehicle Lease Trust		2.180		06/22/20		999,208
			Series - 2017 1 (Class A4)
	1,200,000		Capital One Multi-Asset Execution Trust		2.080		03/15/23		1,196,715
			Series - 2015 A2 (Class A2)
	1,500,000		Capital One Multi-Asset Execution Trust		1.990		07/17/23		1,490,341
			Series - 2017 A4 (Class A4)
	1,000,000		CarMax Auto Owner Trust		1.520		02/16/21		995,872
			Series - 2016 2 (Class A3)
	575,000		CarMax Auto Owner Trust		2.410		12/15/22		570,355
			Series - 2017 2 (Class B)
	118,865		CenterPoint Energy Transition		3.460		08/15/19		119,158
			Series - 0 1 (Class A2)
	434,983		CenterPoint Energy Transition Bond Co II LLC		5.302		08/01/20		446,217
			Series - 2005 A (Class A5)
	498,394		CenterPoint Energy Transition Bond Co LLC		2.161		10/15/21		498,464
			Series - 2012 1 (Class A2)
	1,470,000		Chase Issuance Trust		1.370		06/15/21		1,455,887
			Series - 2016 A2 (Class A)
	2,500,000		Chase Issuance Trust		1.270		07/15/21		2,470,584
			Series - 2016 A5 (Class A5)
	1,600,000		Chase Issuance Trust		1.840		04/15/22		1,587,777
			Series - 2015 A4 (Class A4)
	1,500,000		Chase Issuance Trust		2.770		03/15/23		1,521,887
			Series - 2014 A2 (Class A2)
	1,000,000		Chase Issuance Trust		2.160		09/16/24		987,147
			Series - 2012 A7 (Class A7)
	310,000		CitiBank Credit Card Issuance Trust		5.350		02/07/20		311,121
			Series - 2008 A1 (Class A1)
	2,000,000		CitiBank Credit Card Issuance Trust		2.150		07/15/21		2,002,064
			Series - 2014 A6 (Class A6)
	1,000,000		CitiBank Credit Card Issuance Trust		1.920		04/07/22		993,600
			Series - 2017 A3 (Class A3)
	2,000,000		CitiBank Credit Card Issuance Trust		1.860		08/08/22		1,981,009
			Series - 2017 A8 (Class A8)
	2,000,000		CitiBank Credit Card Issuance Trust		2.880		01/23/23		2,035,752
			Series - 0 A1 (Class A1)
	1,250,000		CitiBank Credit Card Issuance Trust		2.190		11/20/23		1,240,192
			Series - 2016 A2 (Class A2)
	650,000	i	CSAIL Commercial Mortgage Trust		4.752		01/15/49		676,025
			Series - 2016 C6 (Class C)
	500,000		CSAIL Commercial Mortgage Trust		2.608		11/15/49		493,316
			Series - 2016 C7 (Class A3)
	1,250,000		CSAIL Commercial Mortgage Trust		2.970		04/15/50		1,260,615
			Series - 2015 C1 (Class A2)
	1,000,000		Discover Card Execution Note Trust		2.120		12/15/21		1,000,474
			Series - 2014 A4 (Class A4)
	3,500,000		Discover Card Execution Note Trust		1.880		02/15/23		3,468,913
			Series - 2017 A6 (Class A6)
	2,735		FHLMC Multifamily Structured Pass Through Certificates		3.342		12/25/19		2,734
			Series - 2010 K007 (Class A1)

160

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,812,636		FHLMC Multifamily Structured Pass Through Certificates		1.459	%	09/25/21	$	1,790,892
			Series - 2012 K019 (Class A1)
	3,000,000		FHLMC Multifamily Structured Pass Through Certificates		2.307		08/25/22		2,983,932
			Series - 2012 K023 (Class A2)
	329,821		FHLMC Multifamily Structured Pass Through Certificates		2.779		09/25/22		333,185
			Series - 2013 K030 (Class A1)
	500,000		FHLMC Multifamily Structured Pass Through Certificates		2.510		11/25/22		502,271
			Series - 2013 K026 (Class A2)
	500,000		FHLMC Multifamily Structured Pass Through Certificates		2.637		01/25/23		503,999
			Series - 2013 K027 (Class A2)
	72,316		FHLMC Multifamily Structured Pass Through Certificates		2.669		02/25/23		72,952
			Series - 2013 K034 (Class A1)
	3,000,000	i	FHLMC Multifamily Structured Pass Through Certificates		3.060		07/25/23		3,080,361
			Series - 2013 K033 (Class A2)
	1,750,000	i	FHLMC Multifamily Structured Pass Through Certificates		3.531		07/25/23		1,837,821
			Series - 2013 K034 (Class A2)
	1,500,000	i	FHLMC Multifamily Structured Pass Through Certificates		3.527		10/25/23		1,577,186
			Series - 2014 K036 (Class A2)
	3,000,000		FHLMC Multifamily Structured Pass Through Certificates		3.023		01/25/25		3,065,423
			Series - 2015 K045 (Class A2)
	975,000		Ford Credit Auto Owner Trust		2.240		06/15/22		969,732
			Series - 2017 A (Class B)
	1,135,000		Ford Credit Floorplan Master Owner Trust A		1.950		11/15/21		1,129,618
			Series - 2016 5 (Class A1)
	1,000,000		GM Financial Automobile Leasing Trust		1.620		09/20/19		998,600
			Series - 2016 2 (Class A3)
	227,000		Hyundai Auto Receivables Trust		2.100		11/15/19		227,066
			Series - 2014 B (Class C)
	1,500,000		Hyundai Auto Receivables Trust		1.770		01/18/22		1,488,028
			Series - 2017 B (Class A3)
	2,000,000		Hyundai Auto Receivables Trust		2.300		07/15/22		2,001,948
			Series - 2015 B (Class C)
	1,500,000		Hyundai Auto Receivables Trust		1.960		02/15/23		1,485,533
			Series - 2017 B (Class A4)
	950,000		Mercedes-Benz Auto Receivables Trust		1.260		02/16/21		943,540
			Series - 2016 1 (Class A3)
	1,000,000		Nissan Auto Receivables Owner Trust		1.180		01/15/21		989,700
			Series - 2016 C (Class A3)
	9,356		Residential Funding Mortgage Securities II, Inc		6.560		02/25/36		9,798
			Series - 2006 HI1 (Class M2)

161

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	195,594		Santander Drive Auto Receivables Trust		2.360	%	04/15/20	$	195,664
			Series - 2014 2014-1 (Class C)
	378,826		Santander Drive Auto Receivables Trust		2.460		06/15/20		379,468
			Series - 2014 5 (Class C)
	910,000		Santander Drive Auto Receivables Trust		3.090		04/15/22		919,281
			Series - 2016 1 (Class C)
	255,697		United Airlines Pass Through Trust		4.300		08/15/25		269,824
			Series - 0 2013-1 Cl (Class )
	265,589		United Airlines Pass Through Trust		3.750		09/03/26		274,752
			Series - 0 2014-2 Cl (Class )
	185,494		United Airlines Pass Through Trust		3.450		12/01/27		187,795
	200,000		United Airlines Pass Through Trust		3.100		07/07/28		199,500
	200,000		United Airlines Pass Through Trust		3.450		07/07/28		202,716
	400,000		United Airlines Pass Through Trust		2.875		10/07/28		392,300
	142,870		US Airways Pass Through Trust		4.625		06/03/25		151,656
	231,806		US Airways Pass Through Trust		3.950		11/15/25		241,542
	15,000	g	Vornado DP LLC		4.004		09/13/28		15,530
			Series - 2010 VNO (Class A2FX)
	1,215,000		World Financial Network Credit Card Master Trust		2.550		06/17/24		1,219,433
			Series - 2015 B (Class A)
	1,060,000		World Omni Auto Receivables Trust		1.680		12/15/20		1,057,922
			Series - 2014 B (Class A4)
			TOTAL ASSET BACKED						72,323,389
OTHER MORTGAGE BACKED - 1.5%
	1,500,000		BANK 2017-BNK5		3.390		06/15/60		1,530,050
			Series - 2017 BNK5 (Class A5)
	2,000,000		BANK 2017-BNK9		3.538		11/15/54		2,059,510
			Series - 2017 BNK9 (Class A4)
	3,000,000		Barclays Commercial Mortgage Trust		3.674		02/15/50		3,127,086
			Series - 2017 C1 (Class A4)
	1,000,000	i	CD Commercial Mortgage Trust		3.526		11/10/49		1,031,871
			Series - 2016 CD2 (Class A4)
	2,000,000		CD Commercial Mortgage Trust		3.631		02/10/50		2,086,599
			Series - 2017 CD3 (Class A4)
	1,000,000		CD Commercial Mortgage Trust		3.025		08/15/50		1,014,377
			Series - 2017 CD5 (Class A2)
	2,500,000		CD Commercial Mortgage Trust		3.431		08/15/50		2,562,460
			Series - 2017 CD5 (Class A4)
	1,000,000	i	CD Mortgage Trust		3.684		08/15/50		1,020,229
			Series - 2017 CD5 (Class AS)
	538,941		Citigroup Commercial Mortgage Trust		1.987		04/10/46		538,764
			Series - 2013 2013-GC11 (Class A2)
	1,053,000		Citigroup Commercial Mortgage Trust		3.422		04/10/46		1,061,954
			Series - 2013 2013-GC11 (Class AS)
	755,000		Citigroup Commercial Mortgage Trust		4.023		03/10/47		800,759
			Series - 2014 2014-GC19 (Class A4)
	440,887		Citigroup Commercial Mortgage Trust		3.622		07/10/47		459,053
			Series - 2014 GC23 (Class A4)
	500,000		Citigroup Commercial Mortgage Trust		3.635		10/10/47		519,791
			Series - 2014 2014-GC25 (Class A4)
	1,000,000		Citigroup Commercial Mortgage Trust		3.137		02/10/48		1,007,512
			Series - 2015 GC27 (Class A5)

162

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000		Citigroup Commercial Mortgage Trust		3.571	%	02/10/48	$	1,007,257
			Series - 2015 GC27 (Class AS)
	1,000,000		Citigroup Commercial Mortgage Trust		3.616		02/10/49		1,035,178
			Series - 2016 GC36 (Class A5)
	2,000,000		Citigroup Commercial Mortgage Trust		3.314		04/10/49		2,027,764
			Series - 2016 GC37 (Class A4)
	500,000		Citigroup Commercial Mortgage Trust		3.576		04/10/49		498,375
			Series - 2016 GC37 (Class AS)
	1,500,000		Citigroup Commercial Mortgage Trust		2.832		08/10/49		1,467,191
			Series - 2016 C2 (Class A4)
	1,000,000		Citigroup Commercial Mortgage Trust		3.465		09/15/50		1,026,135
			Series - 2017 P8 (Class A4)
	1,480,000		Citigroup Commercial Mortgage Trust		3.778		09/10/58		1,551,300
			Series - 2015 GC33 (Class A4)
	580,000		COMM Mortgage Trust		4.063		12/10/44		602,624
			Series - 2012 LC4 (Class AM)
	406,919		COMM Mortgage Trust		2.752		08/15/45		409,930
			Series - 2012 CR2 (Class ASB)
	64,750		COMM Mortgage Trust		1.906		01/10/46		64,717
			Series - 2013 LC6 (Class A2)
	400,000		COMM Mortgage Trust		2.941		01/10/46		402,799
			Series - 2013 LC6 (Class A4)
	524,000		COMM Mortgage Trust		3.213		03/10/46		534,542
			Series - 0 CR7 (Class A4)
	1,000,000		COMM Mortgage Trust		4.046		10/10/46		1,061,881
			Series - 2013 CR12 (Class A4)
	2,000,000		COMM Mortgage Trust		3.039		11/12/46		2,015,204
			Series - 2013 CR13 (Class A2)
	941,421		COMM Mortgage Trust		2.928		02/10/47		947,732
			Series - 2014 CR15 (Class A2)
	500,000		COMM Mortgage Trust		3.961		03/10/47		527,283
			Series - 2014 A5 (Class A5)
	970,362		COMM Mortgage Trust		2.840		04/10/47		977,543
			Series - 2014 LC15 (Class A2)
	1,000,000		COMM Mortgage Trust		4.051		04/10/47		1,059,978
			Series - 2014 CR16 (Class A4)
	1,000,000		COMM Mortgage Trust		3.819		06/10/47		1,048,894
			Series - 2014 UBS3 (Class A4)
	1,000,000		COMM Mortgage Trust		3.694		08/10/47		1,041,692
			Series - 2014 UBS4 (Class A5)
	1,000,000		COMM Mortgage Trust		3.590		11/10/47		1,035,045
			Series - 2014 CR20 (Class A4)
	1,000,000	i	COMM Mortgage Trust		4.339		12/10/47		1,038,313
			Series - 2014 CR21 (Class B)
	3,150,000		COMM Mortgage Trust		3.183		02/10/48		3,186,540
			Series - 2015 LC19 (Class A4)
	1,000,000	i	COMM Mortgage Trust		4.261		02/10/48		1,018,343
			Series - 2015 LC19 (Class C)
	1,700,000		COMM Mortgage Trust		3.708		07/10/48		1,774,720
			Series - 2015 LC21 (Class A4)
	1,000,000		COMM Mortgage Trust		3.432		08/10/48		1,027,477
			Series - 2015 CR24 (Class A4)

163

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000		COMM Mortgage Trust		3.759	%	08/10/48	$	1,047,301
			Series - 2015 CR25 (Class A4)
	1,500,000		COMM Mortgage Trust		3.221		10/10/48		1,530,635
			Series - 2015 LC23 (Class A2)
	1,500,000		COMM Mortgage Trust		3.774		10/10/48		1,572,458
			Series - 2015 LC23 (Class A4)
	147,158	i	COMM Mortgage Trust		6.077		12/10/49		146,961
			Series - 2008 LS1 (Class ASM)
	500,000		COMM Mortgage Trust		4.258		08/10/50		535,231
			Series - 2013 CR11 (Class A4)
	2,000,000		DBJPM		2.691		05/10/49		2,007,611
			Series - 2016 C1 (Class A2)
	3,500,000		DBJPM		3.276		05/10/49		3,546,471
			Series - 2016 C1 (Class A4)
	1,000,000		DBJPM		3.539		05/10/49		1,007,182
			Series - 2016 C1 (Class AM)
	1,590,000		DBJPM		3.328		06/10/50		1,617,201
			Series - 2017 C6 (Class A5)
	345,550		GS Mortgage Securities Corp II		3.314		01/10/45		351,215
			Series - 0 GC6 (Class AAB)
	300,000		GS Mortgage Securities Corp II		2.943		02/10/46		302,403
			Series - 2013 GC10 (Class A5)
	300,000		GS Mortgage Securities Corp II		3.279		02/10/46		301,529
			Series - 2013 GC10 (Class AS)
	800,000		GS Mortgage Securities Corp II		3.382		05/10/50		819,563
			Series - 2015 GC30 (Class A4)
	1,731,000		GS Mortgage Securities Trust		3.707		08/10/44		1,790,104
			Series - 2011 GC5 (Class A4)
	498,119		GS Mortgage Securities Trust		3.482		01/10/45		512,434
			Series - 2012 GC6 (Class A3)
	195,000		GS Mortgage Securities Trust		4.740		05/10/45		205,146
			Series - 0 GCJ7 (Class B)
	500,000		GS Mortgage Securities Trust		3.135		06/10/46		507,975
			Series - 2013 GC12 (Class A4)
	511,000		GS Mortgage Securities Trust		3.813		11/10/46		530,477
			Series - 2013 GC16 (Class AAB)
	171,710		GS Mortgage Securities Trust		2.924		01/10/47		172,833
			Series - 2014 GC18 (Class A2)
	1,000,000		GS Mortgage Securities Trust		4.074		01/10/47		1,061,179
			Series - 2014 GC18 (Class A4)
	1,500,000		GS Mortgage Securities Trust		3.964		11/10/47		1,550,520
			Series - 2014 GC26 (Class AS)
	1,900,000		GS Mortgage Securities Trust		3.136		02/10/48		1,914,819
			Series - 2015 GC28 (Class A4)
	1,500,000		GS Mortgage Securities Trust		3.178		11/10/49		1,512,937
			Series - 2016 GS4 (Class A3)
	1,350,000	i	GS Mortgage Securities Trust		3.803		11/10/49		1,334,478
			Series - 2016 GS4 (Class C)
	1,000,000		GS Mortgage Securities Trust		2.945		08/10/50		1,010,515
			Series - 2017 GS7 (Class A2)
	1,500,000		GS Mortgage Securities Trust		3.430		08/10/50		1,527,058
			Series - 2017 GS7 (Class A4)

164

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	90,000	g	JP Morgan Chase Commercial Mortgage Securities Corp		5.633	%	12/05/27	$	95,436
			Series - 2009 IWST (Class A2)
	300,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		5.136		05/15/45		299,768
			Series - 2012 C6 (Class D)
	300,000		JP Morgan Chase Commercial Mortgage Securities Corp		3.483		06/15/45		308,643
			Series - 2012 CBX (Class A4)
	500,000	i	JP Morgan Chase Commercial Mortgage Securities Corp		3.994		01/15/46		529,095
			Series - 2013 C13 (Class A4)
	410,320		JP Morgan Chase Commercial Mortgage Securities Corp		4.171		08/15/46		429,754
			Series - 2011 C5 (Class A3)
	500,000		JP Morgan Chase Commercial Mortgage Securities Corp		4.166		12/15/46		533,949
			Series - 2013 C16 (Class A4)
	406,599		JP Morgan Chase Commercial Mortgage Securities Corp		2.702		12/15/47		408,484
			Series - 2013 C10 (Class ASB)
	300,000		JP Morgan Chase Commercial Mortgage Securities Corp		2.840		12/15/47		301,562
			Series - 2012 LC9 (Class A5)
	500,000		JP Morgan Chase Commercial Mortgage Securities Corp		3.143		12/15/47		509,427
			Series - 2013 C10 (Class A5)
	574,000		JP Morgan Chase Commercial Mortgage Securities Corp		3.372		12/15/47		578,858
			Series - 2013 C10 (Class AS)
	1,000,000		JP Morgan Chase Commercial Mortgage Securities Trust		2.822		08/15/49		978,856
			Series - 2016 JP2 (Class A4)
	2,000,000		JPMBB Commercial Mortgage Securities Trust		3.801		09/15/47		2,095,460
			Series - 2014 C22 (Class A4)
	1,500,000		JPMBB Commercial Mortgage Securities Trust		2.940		11/15/47		1,515,384
			Series - 2014 C24 (Class A2)
	1,875,000	i	JPMBB Commercial Mortgage Securities Trust		4.118		05/15/48		1,905,911
			Series - 2015 C29 (Class B)
	2,000,000		JPMBB Commercial Mortgage Securities Trust		3.322		07/15/48		2,048,567
			Series - 2015 C30 (Class A3)
	2,700,000		JPMBB Commercial Mortgage Securities Trust		3.227		10/15/48		2,732,439
			Series - 2015 C28 (Class A4)
	1,100,000		JPMBB Commercial Mortgage Securities Trust		3.532		10/15/48		1,109,343
			Series - 2015 C28 (Class AS)
	2,000,000		JPMBB Commercial Mortgage Securities Trust		3.770		12/15/48		2,094,347
			Series - 2015 C33 (Class A4)
	1,000,000		JPMBB Commercial Mortgage Securities Trust		3.576		03/15/49		1,035,477
			Series - 2016 C1 (Class A5)
	500,000		JPMBB Commercial Mortgage Securities Trust		3.970		03/15/49		519,162
			Series - 2016 C1 (Class AS)
	500,000	i	JPMBB Commercial Mortgage Securities Trust		4.747		03/15/49		535,781
			Series - 2016 C1 (Class B)

165

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,000,000		JPMCC Commercial Mortgage Securities Trust		3.038	%	09/15/50	$	1,013,159
			Series - 2017 JP7 (Class A2)
	2,500,000		JPMCC Commercial Mortgage Securities Trust		3.454		09/15/50		2,560,998
			Series - 2017 JP7 (Class A5)
	1,000,000	i	JPMDB Commercial Mortgage Securities Trust		3.990		06/15/49		1,021,543
			Series - 2016 C2 (Class B)
	154,028	i	LB-UBS Commercial Mortgage Trust		5.452		09/15/39		122,376
			Series - 2006 C6 (Class AJ)
	158,245	i	LB-UBS Commercial Mortgage Trust		6.114		07/15/40		158,164
			Series - 2007 C6 (Class AM)
	97,376		Morgan Stanley Bank of America Merrill Lynch Trust		2.506		11/15/45		97,625
			Series - 2012 2012-C6 (Class A3)
	60,000		Morgan Stanley Bank of America Merrill Lynch Trust		2.918		02/15/46		60,497
			Series - 2013 2013-C7 (Class A4)
	1,250,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.102		05/15/46		1,268,579
			Series - 2013 2013-C9 (Class A4)
	500,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.456		05/15/46		505,318
			Series - 2013 2013-C9 (Class AS)
	240,000	i	Morgan Stanley Bank of America Merrill Lynch Trust		3.708		05/15/46		239,037
			Series - 2013 2013-C9 (Class B)
	200,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.824		10/15/46		207,574
			Series - 2013 2013-C12 (Class ASB)
	359,193		Morgan Stanley Bank of America Merrill Lynch Trust		2.916		02/15/47		361,775
			Series - 2014 2014-C14 (Class A2)
	567,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.669		02/15/47		582,618
			Series - 2014 2014-C14 (Class A3)
	1,250,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.654		04/15/47		1,294,844
			Series - 2014 2014-C15 (Class ASB)
	2,000,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.892		06/15/47		2,105,288
			Series - 2014 2014-C16 (Class A5)
	3,500,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.249		02/15/48		3,546,925
			Series - 2015 C20 (Class A4)
	1,000,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.306		04/15/48		1,018,992
			Series - 2015 C22 (Class A4)
	1,000,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.732		05/15/48		1,048,201
			Series - 2015 C24 (Class A4)
	2,000,000		Morgan Stanley Bank of America Merrill Lynch Trust		3.599		05/15/50		2,070,241
			Series - 2017 C33 (Class A5)
	1,250,000		Morgan Stanley Capital I Trust		3.244		03/15/45		1,274,813
			Series - 2012 C4 (Class A4)
	535,000		Morgan Stanley Capital I Trust		3.594		03/15/49		553,488
			Series - 2016 UBS9 (Class A4)
	29,337		Morgan Stanley Capital I Trust		4.770		07/15/56		29,274
			Series - 0 IQ9 (Class AJ)
	64,658	i	TIAA Seasoned Commercial Mortgage Trust		5.476		08/15/39		64,856
			Series - 2007 C4 (Class AJ)
	1,500,000		UBS Barclays Commercial Mortgage Trust		3.185		03/10/46		1,526,835
			Series - 2013 C5 (Class A4)
	500,000		UBS Barclays Commercial Mortgage Trust		3.244		04/10/46		509,545
			Series - 0 C6 (Class A4)
	1,000,000		UBS Barclays Commercial Mortgage Trust		3.525		05/10/63		1,032,683
			Series - 2012 C2 (Class A4)

166

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	326,470		UBS Citigroup Commercial Mortgage Trust		3.595	%	01/10/45	$	334,639
			Series - 2011 C1 (Class A3)
	100,000		UBS Commercial Mortgage Trust		4.822		05/10/45		107,279
			Series - 2012 C1 (Class B)
	1,000,000		UBS Commercial Mortgage Trust		2.998		08/15/50		1,019,179
			Series - 2017 C3 (Class A2)
	1,500,000		UBS Commercial Mortgage Trust		3.426		08/15/50		1,529,434
			Series - 2017 C3 (Class A4)
	1,000,000	i	UBS Commercial Mortgage Trust		3.739		08/15/50		1,011,667
			Series - 2017 C3 (Class AS)
	1,000,000		UBS Commercial Mortgage Trust		3.147		10/15/50		1,021,558
			Series - 2017 C4 (Class A2)
	875,000	i	Wells Fargo Commercial Mortgage Trust		3.872		05/15/48		897,496
			Series - 2015 C28 (Class AS)
	2,000,000		Wells Fargo Commercial Mortgage Trust		3.695		11/15/48		2,086,256
			Series - 2015 C31 (Class A4)
	480,000	i	Wells Fargo Commercial Mortgage Trust		4.224		12/15/48		496,586
			Series - 2015 NXS4 (Class B)
	2,000,000		Wells Fargo Commercial Mortgage Trust		2.652		08/15/49		1,936,379
			Series - 2016 BNK1 (Class A3)
	500,000		Wells Fargo Commercial Mortgage Trust		2.967		08/15/49		472,858
			Series - 2016 BNK1 (Class B)
	1,000,000		Wells Fargo Commercial Mortgage Trust		3.377		11/15/49		991,505
			Series - 2016 NXS6 (Class AS)
	117,000		Wells Fargo Commercial Mortgage Trust		3.896		03/15/59		115,341
			Series - 2016 C33 (Class C)
	250,000	i	WF-RBS Commercial Mortgage Trust		4.826		06/15/45		250,732
			Series - 0 C7 (Class C)
	400,000		WF-RBS Commercial Mortgage Trust		3.001		08/15/45		405,292
			Series - 2012 C8 (Class A3)
	775,000		WF-RBS Commercial Mortgage Trust		3.241		12/15/45		776,226
			Series - 2012 C10 (Class AS)
	600,000		WF-RBS Commercial Mortgage Trust		3.337		06/15/46		615,963
			Series - 2013 C14 (Class A5)
	500,000	i	WF-RBS Commercial Mortgage Trust		4.646		03/15/47		503,614
			Series - 2014 C19 (Class C)
	1,000,000	i	WF-RBS Commercial Mortgage Trust		4.723		03/15/47		1,050,226
			Series - 2014 C19 (Class B)
	3,000,000		WF-RBS Commercial Mortgage Trust		3.635		05/15/47		3,080,486
			Series - 2014 C20 (Class A3)
	500,000		WF-RBS Commercial Mortgage Trust		3.198		03/15/48		510,074
			Series - 2013 C12 (Class A4)
			TOTAL OTHER MORTGAGE BACKED						139,678,449
			TOTAL STRUCTURED ASSETS						212,001,838
			(Cost $212,205,615)
			TOTAL BONDS						9,173,293,057
			(Cost $9,118,984,900)

167

TIAA-CREF FUNDS - Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 0.8%
GOVERNMENT AGENCY DEBT - 0.1%
$	10,000,000	Federal Home Loan Bank (FHLB)		1.050	%	01/02/18	$	10,000,000
		TOTAL GOVERNMENT AGENCY DEBT						10,000,000
TREASURY DEBT - 0.7%
	10,445,000	United States Cash Management Bill		0.900		01/02/18		10,445,000
	13,750,000	United States Treasury Bill		1.132-1.166		01/04/18		13,749,134
	40,150,000	United States Treasury Bill		1.143-1.219		01/11/18		40,138,181
	100,000	United States Treasury Bill		1.412		03/29/18		99,673
		TOTAL TREASURY DEBT						64,431,988
		TOTAL SHORT-TERM INVESTMENTS						74,431,988
		(Cost $74,429,478)
		TOTAL INVESTMENTS - 100.2%						9,247,725,045
		(Cost $9,193,414,378)
		OTHER ASSETS & LIABILITIES, NET - (0.2)%						(17,212,284	)
		NET ASSETS - 100.0%					$	9,230,512,761
		Abbreviation(s):
	DGS1	1-Year Treasury Constant Maturity Rate
	ICE	Intercontinental Exchange
	LIBOR	London Interbank Offered Rate
	M	Month
	REIT	Real Estate Investment Trust
	USD	United States Dollar
	Y	Year
	†	Security is categorized as Level 3 in the fair value hierarchy.
	g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $81,893,252 or 0.9% of net assets.
	i	Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.
	j	Zero coupon

168

TIAA-CREF FUNDS - Bond Plus Fund

TIAA-CREF FUNDS

BOND PLUS FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
BANK LOAN OBLIGATIONS - 3.3%
AUTOMOBILES & COMPONENTS - 0.1%
$	1,940,487	i	Dealer Tire LLC	LIBOR 3 M + 3.250%		5.000	%	12/07/21	$	1,967,168
	2,778,132	i	Gates Global LLC	LIBOR 3 M + 3.000%		4.690		04/01/24		2,791,633
			TOTAL AUTOMOBILES & COMPONENTS							4,758,801
CAPITAL GOODS - 0.2%
	2,590,924	i	CHI Overhead Doors, Inc	LIBOR 3 M + 3.250%		4.943		07/31/22		2,589,317
	940,385	i	Manitowoc Foodservice, Inc	LIBOR 1 M + 2.750%		4.320		03/03/23		946,657
	398,000	i	Penn Engineering & Manufacturing Corp	LIBOR 1 and 3 M + 2.750%		4.320		06/27/24		398,995
	496,250	i	Proampac PG Borrower LLC	LIBOR 3 M + 3.500%		4.940		11/20/23		499,818
	2,517,048	i	TransDigm, Inc	LIBOR 1 and 3 M + 2.750%		4.440		06/09/23		2,519,842
			TOTAL CAPITAL GOODS							6,954,629
COMMERCIAL & PROFESSIONAL SERVICES - 0.5%
	1,990,000	i	Clean Harbors, Inc	LIBOR 1 M + 2.000%		3.570		06/28/24		1,999,950
	2,369,715	i	Cotiviti Corp	LIBOR 3 M + 2.500%		4.200		09/28/23		2,384,526
	2,970,000	i	Creative Artists Agency LLC	LIBOR 1 M + 3.500%		4.980		02/15/24		2,983,929
	3,139,829	i	ProQuest LLC	LIBOR 1 M + 3.750%		5.319		10/24/21		3,177,130
	4,788,950	i	Spin Holdco, Inc	LIBOR 2 M + 3.750%		5.147		11/14/22		4,822,473
	3,190,403	i	Trans Union LLC	LIBOR 1 M + 2.000%		3.570		04/07/23		3,201,187
	200,523	i	WASH Multifamily Laundry Systems LLC	LIBOR 1 M + 3.250%		4.250		05/14/22		200,523
	1,144,999	i	WASH Multifamily Laundry Systems LLC	LIBOR 1 M + 3.250%		4.820		05/16/22		1,144,999
	1,477,155	i	West Corp	LIBOR 1 M + 4.000%		5.350		10/10/24		1,480,227
	1,196,736	i	XPO Logistics, Inc	LIBOR 3 M + 2.250%		3.600		11/01/21		1,203,079
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES							22,598,023
CONSUMER DURABLES & APPAREL - 0.0%
	1,468,039	i	Academy Ltd	LIBOR 1 and 3 M + 4.000%		5.490		07/01/22		1,152,043
	982,331	i	FullBeauty Brands Holdings Corp	LIBOR 1 M + 4.750%		6.320		10/14/22		572,208
			TOTAL CONSUMER DURABLES & APPAREL							1,724,251
CONSUMER SERVICES - 0.4%
	2,779,234	i	Allied Universal Holdco LLC	LIBOR 3 M + 3.750%		5.440		07/28/22		2,754,916
	2,328,450	i	Jackson Hewitt Tax Service, Inc	LIBOR 3 M + 7.000%		8.380		07/30/20		2,290,613
	3,312,105	i	KinderCare Education LLC	LIBOR 3 M + 3.750%		5.443		08/12/22		3,316,245
	1,481,250	i	Monitronics International, Inc	LIBOR 3 M + 5.500%		7.190		09/30/22		1,466,437
	1,642,546	i	Prime Security Services Borrower LLC	LIBOR 1 M + 2.750%		4.320		05/02/22		1,653,502
	2,294,250	i	Scientific Games International, Inc	LIBOR 1 and 2 M + 3.250%		4.670		08/14/24		2,311,457
	3,564,899	i	Sterling Midco Holdings, Inc	LIBOR 1 M + 3.500%		5.069		06/19/24		3,573,811
			TOTAL CONSUMER SERVICES							17,366,981
DIVERSIFIED FINANCIALS - 0.0%
	255,000	i	Donnelley Financial Solutions, Inc	LIBOR 1 M + 3.000%		4.550		09/29/23		256,117
			TOTAL DIVERSIFIED FINANCIALS							256,117

169

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
ENERGY - 0.1%
$	1,435,000	i	California Resources Corp	LIBOR 1 M + 10.375%		11.876	%	12/31/21	$	1,573,119
	3,000,000	i	Ultra Resources, Inc	LIBOR 3 M + 3.000%		4.410		04/12/24		2,993,250
			TOTAL ENERGY							4,566,369
FOOD & STAPLES RETAILING - 0.2%
	2,384,031	i	Albertsons LLC	LIBOR 1 M + 2.750%		4.320		08/25/21		2,334,443
	113,430	i	Albertsons LLC	LIBOR 3 M + 3.000%		4.460		06/22/23		110,972
	1,147,125	i	Give & Go Prepared Foods Corp	LIBOR 3 M + 4.250%		5.700		07/29/23		1,151,427
	1,000,000	i	Rite Aid Corp	LIBOR 1 W + 4.750%		6.240		08/21/20		1,002,920
	1,500,000	i	Rite Aid Corp	LIBOR 1 W + 3.875%		5.105		06/21/21		1,501,875
			TOTAL FOOD & STAPLES RETAILING							6,101,637
FOOD, BEVERAGE & TOBACCO - 0.0%
	1,590,177	i	Post Holdings, Inc	LIBOR 1 M + 2.250%		3.820		05/24/24		1,595,011
			TOTAL FOOD, BEVERAGE & TOBACCO							1,595,011
HEALTH CARE EQUIPMENT & SERVICES - 0.4%
	645,125	i	Change Healthcare Holdings LLC	LIBOR 1 M + 2.750%		4.320		03/01/24		646,015
	99,248	i	Envision Healthcare Corp	LIBOR 1 M + 3.000%		4.570		12/01/23		99,455
	847,705	i	Greatbatch Ltd	LIBOR 1 M + 3.250%		4.660		10/27/22		853,664
	1,235,156	i	inVentiv Group Holdings, Inc	LIBOR 1 M + 2.250%		3.820		08/01/24		1,235,934
	1,964,824	i	Onex Schumacher Finance LP	LIBOR 1 M + 4.000%		5.570		07/29/22		1,935,352
	985,000	i	Precyse Acquisition Corp	LIBOR 1 M + 4.500%		6.069		10/20/22		986,231
	222,750	i	Press Ganey Holdings, Inc	LIBOR 1 M + 3.000%		4.570		10/23/23		224,004
	2,543,625	i	Surgery Center Holdings, Inc	LIBOR 1 M + 3.250%		4.820		09/03/24		2,513,941
	3,622,625	i	Team Health Holdings, Inc	LIBOR 1 M + 2.750%		4.319		02/06/24		3,525,285
	3,250,500	i	VCVH Holding Corp	LIBOR 3 M + 5.000%		6.700		06/01/23		3,270,816
			TOTAL HEALTH CARE EQUIPMENT & SERVICES							15,290,697
INSURANCE - 0.2%
	223,315	i	Acrisure LLC	LIBOR 2 M + 4.250%		5.647		11/22/23		225,269
	482,828	i	AssuredPartners, Inc	LIBOR 1 M + 3.500%		5.070		10/22/24		485,546
	1,990,000	i	Asurion LLC	LIBOR 1 M + 2.750%		3.990		08/04/22		1,999,015
	349,266	i	Asurion LLC	LIBOR 1 M + 3.000%		4.570		11/03/23		350,795
	800,000	i	Asurion LLC	LIBOR 1 M + 6.000%		7.240		08/04/25		821,248
	2,250,000	i	Deerfield Holdings Corp	LIBOR 3 M + 3.250%		4.250		12/06/24		2,252,812
			TOTAL INSURANCE							6,134,685
MATERIALS - 0.1%
	796,000	i	Flex Acquisition Co, Inc	LIBOR 3 M + 3.000%		4.340		12/31/23		799,487
	274,313	i	H.B. Fuller Co	LIBOR 1 M + 2.250%		3.750		10/21/24		275,037
	423,938	i	Plastipak Holdings, Inc	LIBOR 3 M + 2.750%		4.450		10/14/24		426,163
	1,373,423	i	Plaze, Inc	LIBOR 3 M + 3.500%		5.090		07/29/22		1,382,432
	721,154	i	Quikrete Holdings, Inc	LIBOR 1 M + 2.750%		4.320		11/15/23		722,055
	800,000	i	Solenis International LP	LIBOR 3 M + 6.750%		8.229		07/29/22		762,664
	196,512	i	Tronox Blocked Borrower LLC	LIBOR 3 M + 3.000%		4.690		09/23/24		197,634
	453,488	i	Tronox Finance LLC	LIBOR 3 M + 3.000%		4.690		09/23/24		456,078
			TOTAL MATERIALS							5,021,550

170

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
MEDIA - 0.3%
$	2,422,689	i	CDS US Intermediate Holdings, Inc	LIBOR 3 M + 3.750%		5.443	%	07/08/22	$	2,396,960
	1,550,801	i	CSC Holdings LLC	LIBOR 1 M + 2.250%		3.741		07/17/25		1,543,528
	827,849	i	EIG Investors Corp	LIBOR 3 M + 4.000%		5.460		02/09/23		832,510
	476,953	i	Lions Gate Entertainment Corp	LIBOR 1 M + 2.250%		3.819		12/08/23		477,101
	437,500	i	Match Group, Inc	LIBOR 2 M + 2.500%		3.850		11/16/22		440,234
	62,940	i	Mission Broadcasting, Inc	LIBOR 1 M + 2.500%		3.860		01/17/24		63,074
	498,568	i	Nexstar Broadcasting, Inc	LIBOR 1 M + 2.500%		3.860		01/17/24		499,634
	1,195,000	i	Time, Inc	LIBOR 1 M + 3.500%		5.069		10/11/24		1,195,753
	3,167,145	i	Univision Communications, Inc	LIBOR 1 M + 2.750%		4.320		03/15/24		3,154,825
	1,325,000	i	Virgin Media Bristol LLC	LIBOR 1 M + 2.500%		3.980		01/15/26		1,324,179
			TOTAL MEDIA							11,927,798
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1%
	1,820,438	i	Alphabet Holding Co, Inc	LIBOR 1 M + 3.500%		5.070		09/26/24		1,758,998
	83,074	i	Valeant Pharmaceuticals International, Inc	LIBOR 1 M + 3.500%		4.940		04/01/22		84,197
	1,395,750	i	Vizient, Inc	LIBOR 1 M + 3.500%		5.070		02/13/23		1,399,937
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES							3,243,132
REAL ESTATE - 0.2%
	1,496,250	i	ACOF V DP Acquiror LLC	LIBOR 3 M + 3.000%		4.420		08/15/24		1,503,731
	3,816,161	i	DTZ US Borrower LLC	LIBOR 1 and 3 M + 3.250%		4.708		11/04/21		3,763,002
	319,313	i	MGM Growth Properties LLC	LIBOR 1 M + 2.250%		3.820		04/25/23		320,395
	675,000	i	Ten-X LLC	LIBOR 1 M + 4.000%		5.570		09/29/24		676,269
			TOTAL REAL ESTATE							6,263,397
RETAILING - 0.3%
	2,992,500	i	Bass Pro Group LLC	LIBOR 1 M + 5.000%		6.570		09/25/24		2,981,278
	976,735	i	Men’s Wearhouse, Inc	LIBOR 1 and 3 M + 3.500%		4.880		06/18/21		976,130
	2,949,596	i	PetSmart, Inc	LIBOR 1 M + 3.000%		4.570		03/11/22		2,351,389
	1,047,375	i	Sally Holdings LLC	LIBOR 1 M + 2.500%		4.125		07/05/24		1,044,757
	1,500,000		Sally Holdings LLC			4.500		07/05/24		1,496,250
	2,000,000	i	Staples, Inc	LIBOR 2 M + 4.000%		5.490		09/12/24		1,959,000
			TOTAL RETAILING							10,808,804
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.0%
	750,000	i	Brooks Automation, Inc	LIBOR 3 M + 2.500%		4.010		10/04/24		750,000
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT							750,000
SOFTWARE & SERVICES - 0.2%
	2,666,250	i	DTI Holdco, Inc	LIBOR 3 M + 5.250%		6.630		09/30/23		2,656,251
	1,325,000	i	First Data Corp	LIBOR 1 M + 2.250%		3.800		07/08/22		1,325,729
	945,228	i	Infor US, Inc	LIBOR 3 M + 2.750%		4.440		02/01/22		948,187
	1,989,552	i	Mitchell International, Inc	LIBOR 3 M + 3.250%		4.943		11/20/24		1,987,781
	41,373	i	SS&C European Holdings SARL	LIBOR 1 M + 2.250%		3.819		07/08/22		41,649
	2,202,932	i	SS&C Technologies, Inc	LIBOR 1 M + 2.250%		3.819		07/08/22		2,217,625
			TOTAL SOFTWARE & SERVICES							9,177,222
TECHNOLOGY HARDWARE & EQUIPMENT - 0.0%
	1,021,702	i	MKS Instruments, Inc	LIBOR 1 M + 2.000%		3.570		05/01/23		1,025,533
	1,121,767	i	MTS Systems Corp	LIBOR 1 M + 3.250%		4.690		07/05/23		1,130,180
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT							2,155,713

171

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
TELECOMMUNICATION SERVICES - 0.0%
$	1,179,090	i	CNT Holdings III Corp	LIBOR 2 M + 3.250%		4.880	%	01/22/23	$	1,137,822
			TOTAL TELECOMMUNICATION SERVICES							1,137,822
UTILITIES - 0.0%
	990,019	i	Talen Energy Supply LLC	LIBOR 1 M + 4.000%		5.570		07/14/23		995,998
			TOTAL UTILITIES							995,998
			TOTAL BANK LOAN OBLIGATIONS							138,828,637
			(Cost $139,402,940)
BONDS - 95.0%
CORPORATE BONDS - 31.6%
AUTOMOBILES & COMPONENTS - 0.7%
	350,000	g	Adient Global Holdings Ltd			4.875		08/15/26		359,625
	720,000	g	Allison Transmission, Inc			5.000		10/01/24		742,500
	950,000		Aptiv plc			3.150		11/19/20		964,603
	1,900,000	g	BMW US Capital LLC			2.000		04/11/21		1,872,785
	1,500,000	g	Dana Financing Luxembourg Sarl			6.500		06/01/26		1,625,625
	1,000,000		Ford Motor Co			7.450		07/16/31		1,306,771
	2,575,000		General Motors Co			3.500		10/02/18		2,601,773
	2,300,000		General Motors Co			4.200		10/01/27		2,379,726
	1,350,000		General Motors Co			6.600		04/01/36		1,643,804
	1,325,000		General Motors Co			6.250		10/02/43		1,568,218
	750,000		General Motors Co			6.750		04/01/46		943,564
	1,325,000		General Motors Co			5.400		04/01/48		1,443,986
	800,000		Goodyear Tire & Rubber Co			5.000		05/31/26		824,880
	2,000,000	g	Hyundai Capital America			3.250		09/20/22		1,997,380
	2,400,000	g	Hyundai Capital Services, Inc			3.000		03/06/22		2,364,178
	3,000,000	g	Hyundai Capital Services, Inc			3.000		08/29/22		2,949,201
	250,000	g,o	IHO Verwaltungs GmbH			4.125		09/15/21		254,375
	250,000	g,o	IHO Verwaltungs GmbH			4.500		09/15/23		254,845
	250,000	g,o	IHO Verwaltungs GmbH			4.750		09/15/26		253,750
	1,450,000		Magna International, Inc			3.625		06/15/24		1,498,985
	1,850,000	g	Schaeffler Finance BV			4.750		05/15/23		1,887,000
	600,000		Tenneco, Inc			5.000		07/15/26		615,000
	191,000	g	ZF North America Capital, Inc			4.750		04/29/25		202,221
			TOTAL AUTOMOBILES & COMPONENTS							30,554,795
BANKS - 5.2%
	1,900,000	g,i	Akbank TAS	USD SWAP SEMI 30/360 5 Y + 5.026%		7.200		03/16/27		2,000,605
	1,500,000		Australia & New Zealand Banking Group Ltd			2.625		05/19/22		1,494,925
	1,500,000	g	Banco de Bogota S.A.			6.250		05/12/26		1,617,450
	1,650,000	g	Banco General S.A.			4.125		08/07/27		1,650,297
	3,000,000	g	Banco Nacional de Comercio Exterior SNC			4.375		10/14/25		3,120,000
	1,400,000		Banco Santander S.A.			3.125		02/23/23		1,392,675
	800,000		Banco Santander S.A.			3.800		02/23/28		799,866
	5,000,000		Bank of America Corp			1.950		05/12/18		5,000,378
	1,000,000		Bank of America Corp			5.490		03/15/19		1,035,236

172

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	10,000,000		Bank of America Corp			2.250	%	04/21/20	$	10,006,381
	3,225,000		Bank of America Corp			2.151		11/09/20		3,209,990
	2,150,000		Bank of America Corp			3.875		08/01/25		2,267,334
	4,200,000		Bank of America Corp			3.248		10/21/27		4,166,465
	4,125,000		Bank of America Corp			3.593		07/21/28		4,191,631
	1,500,000	g	Bank of America Corp			3.419		12/20/28		1,499,860
	5,000,000	g	Bank of Montreal			2.500		01/11/22		4,992,483
	1,275,000	i	Bank of Montreal	USD SWAP SEMI 30/360 5 Y + 1.432%		3.803		12/15/32		1,260,503
	1,400,000		Bank of Nova Scotia			4.650		12/30/49		1,391,670
	950,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd			2.350		09/08/19		949,995
	1,250,000	g	Bank of Tokyo-Mitsubishi UFJ Ltd			3.250		09/08/24		1,267,622
	1,550,000		Barclays plc			3.650		03/16/25		1,547,184
	650,000	g	BPCE S.A.			3.000		05/22/22		649,644
	375,000		Branch Banking & Trust Co			2.300		10/15/18		375,692
	2,000,000		Capital One Bank USA NA			1.500		03/22/18		1,997,494
	2,350,000		Capital One Bank USA NA			2.950		07/23/21		2,363,761
	2,000,000		Capital One Bank USA NA			2.650		08/08/22		1,978,799
	300,000		Capital One Bank USA NA			3.375		02/15/23		302,918
	5,000,000		CitiBank NA			2.100		06/12/20		4,966,980
	9,200,000		Citigroup, Inc			3.200		10/21/26		9,125,566
	2,150,000		Citigroup, Inc			3.668		07/24/28		2,180,638
	1,500,000		Citigroup, Inc			4.125		07/25/28		1,545,497
	1,525,000		Citizens Bank NA			2.650		05/26/22		1,510,863
	1,325,000		Compass Bank			2.875		06/29/22		1,310,978
	2,700,000		Cooperatieve Rabobank UA			2.500		01/19/21		2,712,116
	6,825,000		Cooperatieve Rabobank UA			3.750		07/21/26		6,912,125
	1,150,000	g	Credit Agricole S.A.			2.500		04/15/19		1,153,752
	1,075,000	g	Credit Agricole S.A.			2.375		07/01/21		1,067,353
	2,325,000	g	Credit Agricole S.A.			3.250		10/04/24		2,308,828
	1,206,000		Discover Bank			3.200		08/09/21		1,223,288
	450,000		Discover Bank			3.450		07/27/26		444,098
	500,000	g	HSBC Bank plc			4.125		08/12/20		521,169
	4,075,000		HSBC Holdings plc			2.650		01/05/22		4,047,484
	1,275,000		HSBC Holdings plc			3.262		03/13/23		1,292,594
	1,100,000		HSBC Holdings plc			3.033		11/22/23		1,102,062
	2,500,000		HSBC Holdings plc			3.900		05/25/26		2,592,167
	750,000		HSBC Holdings plc			4.375		11/23/26		782,802
	1,250,000		HSBC Holdings plc			4.041		03/13/28		1,302,307
	675,000	i	HSBC Holdings plc	USD ICE SWAP 11:00 NY 5 Y + 3.746%		6.000		12/30/49		709,594
	3,700,000		HSBC USA, Inc			1.625		01/16/18		3,699,726
	2,625,000		Huntington National Bank			2.500		08/07/22		2,588,786
	1,000,000	g	Intercorp Financial Services, Inc			4.125		10/19/27		981,250
	1,000,000		JPMorgan Chase & Co			1.800		01/25/18		999,923
	5,000,000		JPMorgan Chase & Co			2.250		01/23/20		4,996,384
	3,275,000		JPMorgan Chase & Co			2.295		08/15/21		3,245,329
	2,175,000		JPMorgan Chase & Co			2.776		04/25/23		2,176,839
	700,000		JPMorgan Chase & Co			2.700		05/18/23		695,305
	5,000,000		JPMorgan Chase & Co			3.875		09/10/24		5,214,486
	2,000,000		JPMorgan Chase & Co			3.200		06/15/26		1,998,387
	4,075,000		JPMorgan Chase & Co			2.950		10/01/26		4,001,505

173

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	2,325,000		JPMorgan Chase & Co			3.882	%	07/24/38	$	2,399,896
	400,000		JPMorgan Chase & Co			5.150		12/30/49		413,520
	775,000		KeyBank NA			2.500		12/15/19		777,191
	2,750,000		KeyBank NA			2.300		09/14/22		2,695,519
	775,000	g	Macquarie Bank Ltd			2.600		06/24/19		777,026
	2,200,000		Manufacturers & Traders Trust Co			2.100		02/06/20		2,192,618
	4,000,000		Mitsubishi UFJ Financial Group, Inc			3.287		07/25/27		3,980,523
	1,725,000	g	Mitsubishi UFJ Trust & Banking Corp			2.450		10/16/19		1,727,537
	1,675,000		PNC Bank NA			2.200		01/28/19		1,675,405
	3,500,000		PNC Bank NA			2.600		07/21/20		3,522,049
	1,275,000		PNC Bank NA			2.450		11/05/20		1,276,819
	3,000,000		PNC Bank NA			2.950		01/30/23		3,019,466
	2,100,000		PNC Bank NA			3.100		10/25/27		2,093,921
	2,500,000		PNC Financial Services Group, Inc			3.900		04/29/24		2,617,217
	700,000	g	Rabobank Nederland NV			11.000		12/30/49		782,250
	2,325,000	g	Santander Holdings USA, Inc			3.400		01/18/23		2,315,615
	975,000	g	Santander Holdings USA, Inc			4.400		07/13/27		996,803
	675,000		Santander UK Group Holdings plc			3.571		01/10/23		684,650
	3,000,000	g	Skandinaviska Enskilda Banken AB			2.625		11/17/20		3,012,369
	2,000,000		Sumitomo Mitsui Banking Corp			2.500		07/19/18		2,007,061
	1,500,000		Sumitomo Mitsui Banking Corp			2.450		01/16/20		1,500,396
	2,800,000		Sumitomo Mitsui Financial Group, Inc			2.442		10/19/21		2,770,200
	3,675,000		Sumitomo Mitsui Financial Group, Inc			2.778		10/18/22		3,651,373
	1,350,000		SunTrust Banks, Inc			2.900		03/03/21		1,364,990
	575,000		SunTrust Banks, Inc			2.750		05/01/23		569,650
	575,000		Synchrony Bank			3.000		06/15/22		572,586
	3,475,000	g	TC Ziraat Bankasi AS.			5.125		09/29/23		3,385,651
	2,700,000		Toronto-Dominion Bank			1.850		09/11/20		2,669,960
	475,000	i	Toronto-Dominion Bank	USD SWAP SEMI 30/360 5 Y + 2.205%		3.625		09/15/31		473,588
	2,500,000	g,i	Turkiye Garanti Bankasi AS.	USD SWAP SEMI 30/360 5 Y + 4.220%		6.125		05/24/27		2,495,065
	2,300,000	g	Turkiye Is Bankasi			6.125		04/25/24		2,319,798
	850,000	g	UBS AG.			2.450		12/01/20		847,437
	400,000		UnionBanCal Corp			3.500		06/18/22		409,975
	5,000,000		Westpac Banking Corp			2.750		01/11/23		4,989,099
	1,700,000	i	Westpac Banking Corp	USD ICE SWAP 11:00 NY 5 Y + 2.236%		4.322		11/23/31		1,751,057
	825,000	i	Westpac Banking Corp	USD ICE SWAP 11:00 NY 5 Y + 2.888%		5.000		12/30/49		822,541
	2,400,000	g	Yapi ve Kredi Bankasi AS.			5.850		06/21/24		2,399,470
	3,000,000	g	Zenith Bank plc			7.375		05/30/22		3,121,206
			TOTAL BANKS							217,022,536
CAPITAL GOODS - 0.6%
	1,200,000		Air Lease Corp			3.875		04/01/21		1,242,818
	1,300,000		Anixter, Inc			5.125		10/01/21		1,368,250
	700,000	g	Cleaver-Brooks, Inc			7.875		03/01/23		717,500
	600,000	g	Cloud Crane LLC			10.125		08/01/24		676,500
	150,000		Eaton Corp			4.000		11/02/32		154,821

174

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,675,000		Lockheed Martin Corp		2.500	%	11/23/20	$	1,685,577
	750,000		Manitowoc Foodservice, Inc		9.500		02/15/24		854,062
	1,475,000	g	Molex Electronic Technologies LLC		2.878		04/15/20		1,475,235
	375,000	g	Molex Electronic Technologies LLC		3.900		04/15/25		382,284
	2,200,000	g	Myriad International Holdings BV		4.850		07/06/27		2,281,184
	1,675,000		Parker-Hannifin Corp		3.250		03/01/27		1,689,296
	900,000		Parker-Hannifin Corp		4.100		03/01/47		966,501
	1,750,000		Rockwell Collins, Inc		3.500		03/15/27		1,781,308
	675,000		Roper Technologies, Inc		3.800		12/15/26		695,907
	2,250,000	g	Siemens Financieringsmaatschappij NV		2.350		10/15/26		2,124,644
	1,790,000	g	Stena AB		7.000		02/01/24		1,681,481
	475,000		Textron, Inc		3.875		03/01/25		492,276
	2,350,000		Timken Co		3.875		09/01/24		2,364,598
	1,570,000	g	TSMC Global Ltd		1.625		04/03/18		1,567,207
	1,650,000		United Technologies Corp		3.750		11/01/46		1,651,031
			TOTAL CAPITAL GOODS						25,852,480
COMMERCIAL & PROFESSIONAL SERVICES - 0.6%
	750,000		AECOM		5.750		10/15/22		781,875
	3,150,000		AECOM		5.875		10/15/24		3,412,080
	1,975,000		Clean Harbors, Inc		5.125		06/01/21		1,994,750
	399,000	g	Herc Rentals, Inc		7.750		06/01/24		437,902
	400,000	g	KAR Auction Services, Inc		5.125		06/01/25		410,000
	670,000		Republic Services, Inc		3.800		05/15/18		674,631
	1,000,000		Republic Services, Inc		3.550		06/01/22		1,030,748
	1,550,000		Republic Services, Inc		2.900		07/01/26		1,517,320
	200,000	g	Ritchie Bros Auctioneers, Inc		5.375		01/15/25		206,500
	1,000,000		RR Donnelley & Sons Co		7.875		03/15/21		1,040,000
	25,000		RR Donnelley & Sons Co		7.000		02/15/22		25,812
	675,000		RR Donnelley & Sons Co		6.500		11/15/23		651,375
	1,425,000		United Rentals North America, Inc		5.500		07/15/25		1,510,500
	1,600,000		United Rentals North America, Inc		4.875		01/15/28		1,608,000
	1,400,000		Visa, Inc		3.650		09/15/47		1,434,931
	1,550,000		Waste Management, Inc		2.900		09/15/22		1,558,572
	375,000		Waste Management, Inc		2.400		05/15/23		367,665
	2,100,000		Waste Management, Inc		3.150		11/15/27		2,098,159
	475,000		Waste Management, Inc		3.900		03/01/35		497,633
	550,000		Waste Management, Inc		4.100		03/01/45		590,080
	1,400,000	g	XPO Logistics, Inc		6.500		06/15/22		1,461,250
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						23,309,783
CONSUMER DURABLES & APPAREL - 0.3%
	1,000,000		DR Horton, Inc		5.750		08/15/23		1,119,914
	325,000	g	Hanesbrands, Inc		4.625		05/15/24		331,500
	1,325,000		KB Home		4.750		05/15/19		1,348,187
	4,000,000		Lennar Corp		4.750		04/01/21		4,160,000
	2,250,000		Lennar Corp		4.500		04/30/24		2,306,925
	1,725,000		Newell Rubbermaid, Inc		4.200		04/01/26		1,801,155
	600,000		PulteGroup, Inc		5.500		03/01/26		652,500
	1,870,000		Standard Pacific Corp		5.875		11/15/24		2,078,599
			TOTAL CONSUMER DURABLES & APPAREL						13,798,780

175

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
CONSUMER SERVICES - 0.9%
$	1,300,000	g	1011778 BC ULC / New Red Finance Inc			4.250	%	05/15/24	$	1,296,750
	1,825,000		ADT Corp			6.250		10/15/21		1,998,375
	1,035,000		ADT Corp			3.500		07/15/22		1,019,475
	1,500,000		Aramark Services, Inc			5.125		01/15/24		1,574,250
	4,150,000	g	Aramark Services, Inc			5.000		04/01/25		4,383,645
	1,000,000		Aramark Services, Inc			4.750		06/01/26		1,015,000
	1,650,000	g	Arcos Dorados Holdings, Inc			5.875		04/04/27		1,744,314
	2,225,000	g	Atento Luxco  S.A.			6.125		08/10/22		2,326,954
	600,000		Boyd Gaming Corp			6.375		04/01/26		646,500
	1,200,000	g	Cott Holdings, Inc			5.500		04/01/25		1,234,500
	600,000		Hilton Domestic Operating Co, Inc			4.250		09/01/24		606,000
	2,000,000		Hilton Worldwide Finance LLC			4.625		04/01/25		2,055,000
	480,000	g	International Game Technology			5.625		02/15/20		499,800
	1,070,000	g	International Game Technology			6.250		02/15/22		1,152,925
	2,070,000	g	International Game Technology			6.500		02/15/25		2,313,225
	720,000	g	KFC Holding Co			4.750		06/01/27		736,200
	1,500,000		MGM Resorts International			6.750		10/01/20		1,620,000
	2,745,000		Northwestern University			3.812		12/01/50		2,785,721
	600,000		Pinnacle Entertainment, Inc			5.625		05/01/24		642,000
	2,350,000	g	Prime Security Services Borrower LLC			9.250		05/15/23		2,608,500
	1,000,000	g	Scientific Games International, Inc			7.000		01/01/22		1,053,750
	1,000,000		Scientific Games International, Inc			10.000		12/01/22		1,097,500
	2,000,000	g	ServiceMaster Co LLC			5.125		11/15/24		2,025,000
	1,335,000		Speedway Motorsports, Inc			5.125		02/01/23		1,378,387
			TOTAL CONSUMER SERVICES							37,813,771
DIVERSIFIED FINANCIALS - 4.3%
	2,000,000		AerCap Ireland Capital Ltd			4.625		07/01/22		2,118,515
	2,100,000		Aircastle Ltd			4.125		05/01/24		2,131,500
	3,000,000		Ally Financial, Inc			4.750		09/10/18		3,037,500
	6,200,000		American Express Co			2.500		08/01/22		6,124,358
	1,500,000		American Express Credit Corp			2.700		03/03/22		1,504,689
	1,975,000		American Express Credit Corp			3.300		05/03/27		2,003,591
	1,625,000	g,i	Banco Votorantim S.A.	DGS5 + 6.107%		8.250		12/30/49		1,693,596
	275,000		Bank of New York Mellon Corp			5.450		05/15/19		287,103
	2,050,000		Bank of New York Mellon Corp			2.500		04/15/21		2,054,423
	2,775,000		Berkshire Hathaway, Inc			3.125		03/15/26		2,805,669
	4,000,000	g,i	CAELUS RE V Ltd	US Treasury Bill 3 M + 3.250%		4.626		06/05/20		3,934,000
	2,100,000		Capital One Financial Corp			3.300		10/30/24		2,091,917
	2,500,000	g	Credit Suisse Group AG.			2.997		12/14/23		2,470,293
	775,000	g	Credit Suisse Group AG.			4.282		01/09/28		807,793
	4,075,000		Credit Suisse Group Funding Guernsey Ltd			3.800		06/09/23		4,201,895
	2,325,000		Credit Suisse Group Funding Guernsey Ltd			3.750		03/26/25		2,371,851
	2,750,000	g	Daimler Finance North America LLC			2.200		10/30/21		2,700,354
	1,475,000	g	EDP Finance BV			3.625		07/15/24		1,486,152
	1,550,000		Ford Motor Credit Co LLC			2.425		06/12/20		1,540,717
	3,600,000		Ford Motor Credit Co LLC			3.200		01/15/21		3,650,067
	1,000,000		Ford Motor Credit Co LLC			5.750		02/01/21		1,085,591
	2,200,000		Ford Motor Credit Co LLC			3.339		03/28/22		2,225,213
	2,800,000		Ford Motor Credit Co LLC			3.815		11/02/27		2,799,894
	4,088,000		GE Capital International Funding Co			2.342		11/15/20		4,068,848
	407,000		GE Capital International Funding Co			4.418		11/15/35		440,171

176

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	115,000		General Electric Capital Corp			6.875	%	01/10/39	$	165,596
	15,000,000		General Motors Financial Co, Inc			2.400		04/10/18		15,018,653
	1,325,000		General Motors Financial Co, Inc			3.950		04/13/24		1,363,792
	2,890,000		Goldman Sachs Group, Inc			2.375		01/22/18		2,890,591
	1,050,000		Goldman Sachs Group, Inc			3.500		01/23/25		1,066,387
	13,725,000		Goldman Sachs Group, Inc			3.691		06/05/28		13,919,381
	1,300,000		Goldman Sachs Group, Inc			4.017		10/31/38		1,335,891
	1,425,000		Goldman Sachs Group, Inc			4.800		07/08/44		1,623,885
	2,000,000	g	GrupoSura Finance S.A.			5.500		04/29/26		2,167,500
	2,250,000	g	GTH Finance BV			7.250		04/26/23		2,529,000
	1,000,000		Icahn Enterprises LP			5.875		02/01/22		1,012,500
	1,000,000	g	Icahn Enterprises LP			6.250		02/01/22		1,022,500
	2,000,000		ICICI Bank Ltd			3.125		08/12/20		2,002,164
	2,650,000	g	ICICI Bank Ltd			3.800		12/14/27		2,616,589
	1,300,000		International Lease Finance Corp			3.875		04/15/18		1,305,950
	2,000,000		International Lease Finance Corp			5.875		08/15/22		2,215,458
	300,000		Legg Mason, Inc			2.700		07/15/19		300,831
	425,000		Legg Mason, Inc			3.950		07/15/24		434,707
	850,000	g	Lincoln Finance Ltd			7.375		04/15/21		886,125
	5,275,000		Morgan Stanley			1.875		01/05/18		5,274,905
	1,800,000		Morgan Stanley			2.750		05/19/22		1,793,168
	4,700,000		Morgan Stanley			3.700		10/23/24		4,855,568
	4,575,000		Morgan Stanley			3.125		07/27/26		4,511,223
	1,625,000		Morgan Stanley			3.625		01/20/27		1,662,644
	250,000		National Rural Utilities Cooperative Finance Corp			10.375		11/01/18		267,080
	1,575,000		Navient Corp			4.875		06/17/19		1,601,618
	400,000		Navient Corp			6.625		07/26/21		422,000
	1,500,000	g	Nederlandse Waterschapsbank NV			1.875		04/14/22		1,466,588
	900,000		ORIX Corp			3.250		12/04/24		896,920
	1,850,000	g	Quicken Loans, Inc			5.250		01/15/28		1,826,320
	1,325,000		Raymond James Financial, Inc			4.950		07/15/46		1,496,649
	2,500,000	g,i	Residential Reinsurance 2016 Ltd	US Treasury Bill 3 M + 3.250%		4.626		06/06/20		2,488,000
	5,000,000	g,i	Sanders Re Ltd	LIBOR 6 M + 2.680%		4.514		12/06/21		4,987,500
	6,675,000		Shire Acquisitions Investments Ireland DAC			3.200		09/23/26		6,524,691
	1,325,000		TD Ameritrade Holding Corp			3.300		04/01/27		1,336,662
	1,770,000		Trustees of Boston College			2.912		07/01/23		1,748,413
	1,400,000	g	UBS Group Funding Jersey Ltd			2.950		09/24/20		1,414,487
	2,275,000	g	UBS Group Funding Jersey Ltd			2.650		02/01/22		2,248,975
	1,975,000		Unilever Capital Corp			2.900		05/05/27		1,956,873
	15,850,000		Wells Fargo & Co			2.625		07/22/22		15,762,691
	2,125,000		Wells Fargo & Co			3.069		01/24/23		2,140,699
	2,125,000		Wells Fargo & Co			3.584		05/22/28		2,165,714
			TOTAL DIVERSIFIED FINANCIALS							182,362,588
ENERGY - 3.1%
	2,150,000	g	Abu Dhabi Crude Oil Pipeline LLC			3.650		11/02/29		2,130,171
	1,450,000	g	Abu Dhabi Crude Oil Pipeline LLC			4.600		11/02/47		1,487,549
	600,000		AmeriGas Partners LP			5.625		05/20/24		624,000
	400,000		AmeriGas Partners LP			5.875		08/20/26		412,000
	800,000		Anadarko Petroleum Corp			5.550		03/15/26		897,372
	600,000		Andeavor Logistics LP			4.250		12/01/27		604,975

177

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	800,000		Andeavor Logistics LP			5.200	%	12/01/47	$	833,655
	1,111,000		BP Capital Markets plc			2.315		02/13/20		1,113,639
	825,000		BP Capital Markets plc			2.520		09/19/22		820,788
	4,500,000		BP Capital Markets plc			3.588		04/14/27		4,655,578
	1,425,000		BP Capital Markets plc			3.279		09/19/27		1,442,085
	173,000	†	California Resources Corp			6.000		11/15/24		120,235
	430,000		Calumet Specialty Products Partners LP			6.500		04/15/21		427,850
	500,000		Calumet Specialty Products Partners LP			7.625		01/15/22		500,625
	400,000		Calumet Specialty Products Partners LP			7.750		04/15/23		402,000
	2,350,000		Canadian Natural Resources Ltd			3.850		06/01/27		2,397,894
	1,325,000		Cenovus Energy, Inc			5.400		06/15/47		1,393,185
	300,000		Cheniere Corpus Christi Holdings LLC			7.000		06/30/24		341,437
	1,500,000		Cheniere Corpus Christi Holdings LLC			5.875		03/31/25		1,625,625
	2,100,000		Cloud Peak Energy Resources LLC			12.000		11/01/21		2,262,750
	2,150,000	g	Continental Resources, Inc			4.375		01/15/28		2,122,480
	2,325,000		Crestwood Midstream Partners LP			5.750		04/01/25		2,400,562
	1,650,000		Devon Energy Corp			4.750		05/15/42		1,745,772
	1,500,000		Ecopetrol S.A.			5.375		06/26/26		1,619,550
	1,025,000		Enterprise Products Operating LLC			3.700		02/15/26		1,049,277
	750,000		Enterprise Products Operating LLC			4.450		02/15/43		775,745
	675,000		Enterprise Products Operating LLC			4.850		03/15/44		739,247
	5,000,000	i	Enterprise Products Operating LLC	LIBOR 3 M + 2.680%		7.034		01/15/68		5,000,000
	675,000		EP Energy LLC			9.375		05/01/20		570,375
	1,800,000	†	EP Energy LLC			6.375		06/15/23		972,000
	2,100,000		EQT Corp			3.900		10/01/27		2,087,061
	2,400,000		Exterran Partners LP			6.000		04/01/21		2,400,000
	2,175,000		Genesis Energy LP			6.500		10/01/25		2,207,625
	3,750,000		Genesis Energy LP			6.250		05/15/26		3,735,937
	2,925,000	g	Hess Infrastructure Partners LP			5.625		02/15/26		3,020,062
	600,000		Husky Energy, Inc			3.950		04/15/22		620,703
	1,000,000		Kinder Morgan, Inc			3.450		02/15/23		1,004,946
	400,000		Kinder Morgan, Inc			5.300		12/01/34		426,442
	940,000		Kinder Morgan, Inc			5.400		09/01/44		993,033
	700,000		Magellan Midstream Partners LP			4.200		10/03/47		705,158
	975,000		Marathon Oil Corp			2.700		06/01/20		975,075
	975,000		Marathon Oil Corp			5.200		06/01/45		1,079,772
	1,000,000		Marathon Petroleum Corp			4.750		09/15/44		1,043,947
	375,000		Murphy Oil Corp			6.875		08/15/24		400,312
	500,000		Murphy Oil USA, Inc			6.000		08/15/23		521,250
	450,000		Murphy Oil USA, Inc			5.625		05/01/27		472,590
	300,000		Newfield Exploration Co			5.750		01/30/22		320,250
	900,000		Newfield Exploration Co			5.625		07/01/24		967,500
	225,000	g	NGPL PipeCo LLC			4.375		08/15/22		228,797
	621,000		Noble Energy, Inc			5.625		05/01/21		637,882
	300,000		Noble Energy, Inc			3.900		11/15/24		308,387
	2,350,000		Noble Energy, Inc			3.850		01/15/28		2,356,482
	500,000		Noble Energy, Inc			4.950		08/15/47		534,608
	750,000		Oasis Petroleum, Inc			6.875		03/15/22		769,687
	1,800,000		ONE Gas, Inc			2.070		02/01/19		1,800,282
	575,000		ONE Gas, Inc			3.610		02/01/24		595,971
	500,000		ONEOK, Inc			4.000		07/13/27		506,621
	2,000,000	m	Peabody Energy Corp			6.000		11/15/18		0
	4,000,000		Petrobras Global Finance BV			6.125		01/17/22		4,245,000

178

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	3,900,000		Petrobras Global Finance BV			7.375	%	01/17/27	$	4,293,900
	1,167,000	g	Petrobras Global Finance BV			5.999		01/27/28		1,169,917
	3,025,000		Petroleos Mexicanos			6.375		02/04/21		3,288,175
	7,500,000		Petroleos Mexicanos			3.500		01/30/23		7,342,500
	1,550,000	g	Petroleos Mexicanos			6.500		03/13/27		1,694,150
	675,000		Petroleos Mexicanos			5.625		01/23/46		624,712
	1,000,000		Petroleos Mexicanos			6.750		09/21/47		1,043,850
	800,000		Pioneer Natural Resources Co			7.500		01/15/20		877,411
	1,725,000		Pioneer Natural Resources Co			3.450		01/15/21		1,759,579
	1,350,000		Pioneer Natural Resources Co			4.450		01/15/26		1,446,628
	2,500,000		Range Resources Corp			5.750		06/01/21		2,593,750
	800,000		Regency Energy Partners LP			5.750		09/01/20		851,382
	475,000		Regency Energy Partners LP			4.500		11/01/23		491,719
	2,500,000	g	Reliance Industries Ltd			3.667		11/30/27		2,473,943
	750,000		Sabine Pass Liquefaction LLC			5.625		02/01/21		803,979
	1,950,000		Sabine Pass Liquefaction LLC			4.200		03/15/28		1,972,396
	1,300,000		Shell International Finance BV			3.250		05/11/25		1,335,673
	1,350,000		Shell International Finance BV			4.000		05/10/46		1,436,438
	1,400,000		SM Energy Co			6.125		11/15/22		1,426,250
	300,000		SM Energy Co			6.500		01/01/23		306,000
	2,500,000		Southwestern Energy Co			4.100		03/15/22		2,462,500
	200,000		Statoil ASA			1.200		01/17/18		199,947
	375,000		Statoil ASA			2.450		01/17/23		372,718
	1,500,000		Suncor Energy, Inc			4.000		11/15/47		1,533,663
	1,400,000		Sunoco Logistics Partners Operations LP			4.000		10/01/27		1,372,368
	1,000,000		Sunoco LP			6.250		04/15/21		1,039,500
	160,000		Tesoro Logistics LP			5.500		10/15/19		166,083
	225,000		Tesoro Logistics LP			6.375		05/01/24		244,125
	550,000		Tesoro Logistics LP			5.250		01/15/25		578,435
	500,000		TransCanada PipeLines Ltd			5.850		03/15/36		626,661
	250,000	i	TransCanada PipeLines Ltd	LIBOR 3 M + 2.210%		3.626		05/15/67		229,640
	1,500,000		Vale Overseas Ltd			6.250		08/10/26		1,737,750
	425,000	g	Whiting Petroleum Corp			6.625		01/15/26		433,500
	335,000		WPX Energy, Inc			7.500		08/01/20		362,638
	100,000		WPX Energy, Inc			8.250		08/01/23		113,500
	2,100,000	g	YPF S.A.			6.950		07/21/27		2,229,150
	3,250,000	g	YPF S.A.			7.000		12/15/47		3,220,750
			TOTAL ENERGY							130,609,081
FOOD & STAPLES RETAILING - 0.3%
	860,000		Albertsons Cos LLC			6.625		06/15/24		821,300
	4,350,000		CVS Health Corp			2.875		06/01/26		4,169,475
	2,370,000	†,g	Fresh Market, Inc			9.750		05/01/23		1,469,400
	1,400,000		Ingles Markets, Inc			5.750		06/15/23		1,417,500
	1,150,000		Kroger Co			3.700		08/01/27		1,164,137
	1,325,000		SYSCO Corp			3.250		07/15/27		1,320,145
	1,350,000		Walgreens Boots Alliance, Inc			3.800		11/18/24		1,378,397
	1,025,000		Walgreens Boots Alliance, Inc			3.450		06/01/26		1,013,307
			TOTAL FOOD & STAPLES RETAILING							12,753,661
FOOD, BEVERAGE & TOBACCO - 0.7%
	2,700,000		Anheuser-Busch InBev Finance, Inc			2.650		02/01/21		2,713,310
	1,750,000		Anheuser-Busch InBev Finance, Inc			3.300		02/01/23		1,790,516

179

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,315,000		Anheuser-Busch InBev Finance, Inc		3.650	%	02/01/26	$	1,356,712
	5,000,000		Anheuser-Busch InBev Worldwide, Inc		5.375		01/15/20		5,303,769
	1,100,000		Anheuser-Busch InBev Worldwide, Inc		4.950		01/15/42		1,272,227
	2,625,000	g	BAT Capital Corp		3.557		08/15/27		2,627,626
	1,975,000		Constellation Brands, Inc		6.000		05/01/22		2,219,507
	1,800,000	g	Corp Lindley S.A.		4.625		04/12/23		1,858,500
	2,000,000	g	Cosan Ltd		5.950		09/20/24		2,052,500
	2,000,000	g	Grupo Bimbo SAB de C.V.		4.700		11/10/47		2,018,420
	1,700,000	g	Heineken NV		3.500		01/29/28		1,733,823
	725,000	g	Heineken NV		4.350		03/29/47		796,700
	1,275,000		Kraft Heinz Foods Co		2.000		07/02/18		1,274,957
	213,000	g	Lamb Weston Holdings, Inc		4.625		11/01/24		219,390
	210,000	g	Lamb Weston Holdings, Inc		4.875		11/01/26		219,450
	800,000		Mead Johnson Nutrition Co		3.000		11/15/20		811,922
	1,225,000		PepsiCo, Inc		3.450		10/06/46		1,187,225
	100,000		Philip Morris International, Inc		6.375		05/16/38		135,231
	1,900,000		Tyson Foods, Inc		3.550		06/02/27		1,944,966
			TOTAL FOOD, BEVERAGE & TOBACCO						31,536,751
HEALTH CARE EQUIPMENT & SERVICES - 1.1%
	1,500,000		Anthem, Inc		3.650		12/01/27		1,528,536
	4,625,000		Becton Dickinson and Co		3.700		06/06/27		4,659,335
	3,500,000		Cardinal Health, Inc		3.410		06/15/27		3,424,951
	1,000,000	g	Change Healthcare Holdings LLC		5.750		03/01/25		1,000,000
	1,175,000		CHS/Community Health Systems		6.250		03/31/23		1,057,500
	375,000		Covidien International Finance S.A.		3.200		06/15/22		383,236
	5,000,000		Duke University Health System, Inc		3.920		06/01/47		5,225,748
	4,200,000		Express Scripts Holding Co		3.400		03/01/27		4,120,334
	2,000,000		HCA Holdings, Inc		6.250		02/15/21		2,120,000
	975,000		HCA, Inc		5.875		03/15/22		1,043,250
	750,000		HCA, Inc		4.500		02/15/27		753,750
	1,875,000		HCA, Inc		5.500		06/15/47		1,870,312
	925,000		HealthSouth Corp		5.750		11/01/24		946,969
	1,125,000		LifePoint Health, Inc		5.375		05/01/24		1,116,563
	2,225,000		LifePoint Hospitals, Inc		5.500		12/01/21		2,269,500
	2,100,000		Medtronic, Inc		4.625		03/15/45		2,444,386
	1,025,000	g	New Amethyst Corp		6.250		12/01/24		1,055,750
	5,250,000		New York and Presbyterian Hospital		4.024		08/01/45		5,549,412
	225,000		Tenet Healthcare Corp		6.000		10/01/20		237,893
	1,600,000	g	Tenet Healthcare Corp		4.625		07/15/24		1,560,000
	450,000		Thermo Fisher Scientific, Inc		2.400		02/01/19		451,066
	725,000		Thermo Fisher Scientific, Inc		3.150		01/15/23		733,959
	475,000		Thermo Fisher Scientific, Inc		2.950		09/19/26		461,433
	1,725,000		Thermo Fisher Scientific, Inc		3.200		08/15/27		1,709,210
	1,290,000		Zimmer Holdings, Inc		3.550		04/01/25		1,288,843
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						47,011,936
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
	280,000		Ecolab, Inc		2.700		11/01/26		268,337
	325,000		Ecolab, Inc		3.700		11/01/46		314,521
	405,000	g	First Quality Finance Co, Inc		4.625		05/15/21		408,037
	1,400,000		Procter & Gamble Co		3.500		10/25/47		1,412,199
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						2,403,094

180

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
INSURANCE – 1.0%
$	3,600,000		ACE INA Holdings, Inc			2.875	%	11/03/22	$	3,648,534
	150,000		Aetna, Inc			6.625		06/15/36		199,401
	1,500,000		Allstate Corp			3.280		12/15/26		1,522,193
	2,000,000		Allstate Corp			5.750		08/15/53		2,182,000
	550,000		American Financial Group, Inc			3.500		08/15/26		544,937
	1,550,000		American International Group, Inc			2.300		07/16/19		1,548,688
	2,350,000		American International Group, Inc			3.300		03/01/21		2,395,436
	1,160,000		American International Group, Inc			3.750		07/10/25		1,195,709
	1,500,000		Aon plc			3.500		06/14/24		1,532,322
	1,450,000		Aon plc			3.875		12/15/25		1,515,673
	700,000		CNA Financial Corp			3.950		05/15/24		728,387
	625,000		CNA Financial Corp			3.450		08/15/27		615,727
	5,000,000	g,i	Cranberry RE Ltd	LIBOR 6 M + 1.600%		3.335		07/13/20		5,003,500
	3,025,000	g	Five Corners Funding Trust			4.419		11/15/23		3,241,163
	250,000		Hartford Financial Services Group, Inc			4.300		04/15/43		267,677
	1,800,000		Humana, Inc			3.950		03/15/27		1,863,177
	650,000	g	Liberty Mutual Group, Inc			4.250		06/15/23		684,824
	700,000		Markel Corp			3.500		11/01/27		696,234
	475,000		Markel Corp			4.300		11/01/47		487,417
	475,000		Marsh & McLennan Cos, Inc			3.500		06/03/24		490,685
	375,000		Marsh & McLennan Cos, Inc			3.500		03/10/25		386,256
	650,000		Mercury General Corp			4.400		03/15/27		668,159
	875,000		MetLife, Inc			3.600		11/13/25		910,010
	300,000	g	Prudential Funding LLC			6.750		09/15/23		349,831
	2,250,000	g,i	Residential Reinsurance 2017 Ltd	US Treasury Bill 3 M + 3.000%		4.376		06/06/21		2,221,200
	300,000		Travelers Cos, Inc			5.800		05/15/18		304,218
	975,000		Travelers Cos, Inc			4.000		05/30/47		1,037,214
	2,650,000		UnitedHealth Group, Inc			2.950		10/15/27		2,641,449
	1,400,000		UnitedHealth Group, Inc			3.750		10/15/47		1,426,960
	150,000		WR Berkley Corp			5.375		09/15/20		160,257
			TOTAL INSURANCE							40,469,238
MATERIALS - 1.6%
	625,000		Agrium, Inc			3.375		03/15/25		627,750
	575,000		Agrium, Inc			4.125		03/15/35		593,627
	2,225,000	g	Air Liquide Finance S.A.			1.750		09/27/21		2,157,749
	675,000		Albemarle Corp			5.450		12/01/44		795,824
	200,000	g	Alcoa Nederland Holding BV			6.750		09/30/24		218,000
	200,000	g	Alcoa Nederland Holding BV			7.000		09/30/26		224,500
	400,000		Barrick Gold Corp			3.850		04/01/22		418,654
	800,000		Berry Plastics Corp			6.000		10/15/22		838,000
	835,000		BHP Billiton Finance USA Ltd			5.000		09/30/43		1,022,862
	1,500,000		Blue Cube Spinco, Inc			9.750		10/15/23		1,770,000
	855,000		Blue Cube Spinco, Inc			10.000		10/15/25		1,026,000
	1,300,000	g	Celulosa Arauco y Constitucion S.A.			5.500		11/02/47		1,352,000
	2,900,000	g	Corp Nacional del Cobre de Chile-CODELCO			3.625		08/01/27		2,903,683
	675,000	g	CRH America Finance, Inc			3.400		05/09/27		674,649
	680,000		Crown Americas LLC			4.500		01/15/23		690,200
	2,550,000	g	Eldorado Gold Corp			6.125		12/15/20		2,524,500
	2,400,000	g	Equate Petrochemical BV			3.000		03/03/22		2,362,632

181

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	2,000,000		Fibria Overseas Finance Ltd		4.000	%	01/14/25	$	1,980,000
	300,000	g	FMG Resources August 2006 Pty Ltd		4.750		05/15/22		303,750
	1,000,000	g	GCP Applied Technologies, Inc		9.500		02/01/23		1,110,000
	650,000	g	Georgia-Pacific LLC		3.600		03/01/25		667,870
	1,650,000	g	Gerdau Trade, Inc		4.875		10/24/27		1,641,750
	1,375,000	g	Glencore Funding LLC		4.625		04/29/24		1,451,396
	1,325,000	g	Glencore Funding LLC		4.000		03/27/27		1,329,957
	2,000,000	g	Grupo Cementos de Chihuahua SAB de C.V.		5.250		06/23/24		2,020,000
	2,500,000		International Paper Co		3.000		02/15/27		2,423,167
	325,000		International Paper Co		4.400		08/15/47		339,298
	800,000		International Paper Co		4.350		08/15/48		834,440
	2,125,000	g	Inversiones CMPC S.A.		4.375		04/04/27		2,168,151
	630,000	g	James Hardie International Finance DAC		4.750		01/15/25		634,725
	150,000	g	James Hardie International Finance DAC		5.000		01/15/28		151,125
	1,800,000	g	Klabin Finance S.A.		4.875		09/19/27		1,776,600
	650,000		LYB International Finance II BV		3.500		03/02/27		653,108
	1,075,000		Martin Marietta Materials, Inc		3.500		12/15/27		1,066,650
	650,000		Newmont Mining Corp		3.500		03/15/22		663,493
	1,450,000		Newmont Mining Corp		4.875		03/15/42		1,607,771
	3,000,000	g	Nova Chemicals Corp		4.875		06/01/24		2,992,500
	875,000		Nucor Corp		4.000		08/01/23		916,065
	400,000		Nucor Corp		5.200		08/01/43		484,208
	1,025,000		Olin Corp		5.125		09/15/27		1,078,813
	2,400,000	g	Owens-Brockway Glass Container, Inc		5.875		08/15/23		2,586,000
	550,000		Packaging Corp of America		3.650		09/15/24		563,831
	700,000		Potash Corp of Saskatchewan, Inc		3.625		03/15/24		717,337
	680,000		Rock Tenn Co		4.450		03/01/19		695,093
	820,000		Rock Tenn Co		4.900		03/01/22		884,171
	1,500,000	g	Severstal OAO Via Steel Capital S.A.		3.850		08/27/21		1,522,233
	925,000		Sherwin-Williams Co		3.450		06/01/27		939,526
	575,000		Sherwin-Williams Co		4.500		06/01/47		628,089
	1,000,000		Steel Dynamics, Inc		5.125		10/01/21		1,025,000
	650,000		Steel Dynamics, Inc		5.250		04/15/23		669,500
	255,000		Teck Resources Ltd		3.750		02/01/23		255,638
	3,125,000	g	Univar, Inc		6.750		07/15/23		3,265,625
	650,000		Vulcan Materials Co		3.900		04/01/27		663,865
	1,850,000		Westlake Chemical Corp		4.625		02/15/21		1,896,250
	1,000,000		Westlake Chemical Corp		4.875		05/15/23		1,030,000
	920,000	g	WR Grace & Co-Conn		5.625		10/01/24		992,450
			TOTAL MATERIALS						66,830,075
MEDIA - 1.3%
	125,000		21st Century Fox America, Inc		7.625		11/30/28		166,809
	90,000		21st Century Fox America, Inc		6.550		03/15/33		118,225
	575,000		21st Century Fox America, Inc		6.900		08/15/39		810,958
	2,500,000		AMC Entertainment, Inc		5.875		02/15/22		2,537,500
	125,000		AMC Networks, Inc		4.750		08/01/25		123,906
	1,400,000		CBS Corp		2.300		08/15/19		1,398,879
	850,000		CBS Corp		2.900		01/15/27		793,710
	525,000		CBS Corp		3.375		02/15/28		505,429
	1,000,000	g	CBS Radio, Inc		7.250		11/01/24		1,054,375
	4,000,000	g	CCO Holdings LLC		5.875		04/01/24		4,170,000
	1,075,000		Charter Communications Operating LLC		3.579		07/23/20		1,094,969

182

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	345,000		Charter Communications Operating LLC		4.464	%	07/23/22	$	359,912
	4,500,000		Charter Communications Operating LLC		4.908		07/23/25		4,783,252
	2,975,000		Comcast Corp		3.200		07/15/36		2,826,815
	1,150,000	g	CSC Holdings LLC		5.500		04/15/27		1,173,000
	850,000		Discovery Communications LLC		2.950		03/20/23		841,102
	1,225,000		Discovery Communications LLC		3.950		03/20/28		1,218,080
	1,875,000	g	EMI Music Publishing Group North America Holdings, Inc		7.625		06/15/24		2,062,500
	325,000	g	EW Scripps Co		5.125		05/15/25		323,375
	2,110,000	g	Gannett Co, Inc		4.875		09/15/21		2,151,567
	160,000	g	Gannett Co, Inc		5.500		09/15/24		167,800
	1,400,000	g	Gray Television, Inc		5.875		07/15/26		1,435,000
	1,000,000		Lamar Media Corp		5.000		05/01/23		1,030,000
	1,850,000	g	LG FinanceCo Corp		5.875		11/01/24		1,954,063
	125,000		Match Group, Inc		6.375		06/01/24		135,469
	700,000	g	NBC Universal Enterprise, Inc		1.974		04/15/19		698,691
	925,000	g	Nielsen Finance LLC		5.000		04/15/22		951,594
	3,700,000		Outfront Media Capital LLC		5.250		02/15/22		3,792,500
	300,000		Outfront Media Capital LLC		5.625		02/15/24		317,250
	900,000		Regal Entertainment Group		5.750		06/15/23		930,375
	500,000		Regal Entertainment Group		5.750		02/01/25		512,500
	500,000	g	Sirius XM Radio, Inc		3.875		08/01/22		501,250
	2,700,000	g	Sirius XM Radio, Inc		5.375		07/15/26		2,797,875
	1,500,000		Time Warner Cable, Inc		5.875		11/15/40		1,626,328
	475,000		Time Warner Cable, Inc		4.500		09/15/42		445,294
	3,600,000		Time Warner, Inc		2.100		06/01/19		3,592,713
	1,276,000		Time Warner, Inc		4.875		03/15/20		1,342,599
	1,000,000		Time Warner, Inc		3.400		06/15/22		1,019,459
	1,100,000		Time Warner, Inc		3.800		02/15/27		1,098,651
	400,000	g	Univision Communications, Inc		5.125		02/15/25		390,000
	450,000	g	Virgin Media Secured Finance plc		5.500		01/15/25		461,250
			TOTAL MEDIA						53,715,024
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.3%
	4,000,000		Abbott Laboratories		2.350		11/22/19		4,000,415
	1,225,000		Abbott Laboratories		3.875		09/15/25		1,266,744
	2,200,000		Abbott Laboratories		3.750		11/30/26		2,258,494
	450,000		Abbott Laboratories		5.300		05/27/40		520,090
	3,725,000		AbbVie, Inc		3.200		05/14/26		3,712,994
	1,450,000		AbbVie, Inc		4.400		11/06/42		1,553,280
	3,900,000		Actavis Funding SCS		2.350		03/12/18		3,903,041
	6,200,000		Actavis Funding SCS		3.800		03/15/25		6,310,480
	2,400,000		Actavis Funding SCS		4.550		03/15/35		2,537,933
	1,025,000		Amgen, Inc		1.850		08/19/21		999,102
	1,700,000		Amgen, Inc		2.600		08/19/26		1,627,343
	1,400,000		Amgen, Inc		4.400		05/01/45		1,521,884
	1,150,000		AstraZeneca plc		3.125		06/12/27		1,136,056
	725,000		Celgene Corp		3.625		05/15/24		745,471
	1,600,000		Celgene Corp		3.450		11/15/27		1,598,319
	1,725,000		Gilead Sciences, Inc		2.950		03/01/27		1,696,113
	2,000,000		Gilead Sciences, Inc		4.150		03/01/47		2,125,331
	2,000,000		Johnson & Johnson		2.900		01/15/28		2,002,346
	900,000		Johnson & Johnson		3.400		01/15/38		921,104

183

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	800,000		Mylan NV		3.750	%	12/15/20	$	817,426
	1,100,000		Mylan NV		3.950		06/15/26		1,108,920
	1,900,000		Novartis Capital Corp		3.000		11/20/25		1,920,390
	2,150,000		Novartis Capital Corp		3.100		05/17/27		2,191,424
	1,000,000		Perrigo Finance plc		3.900		12/15/24		1,016,528
	1,650,000	g	Roche Holdings, Inc		2.375		01/28/27		1,569,448
	5,300,000		Teva Pharmaceutical Finance Netherlands III BV		3.150		10/01/26		4,374,741
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						53,435,417
REAL ESTATE - 0.9%
	350,000		Alexandria Real Estate Equities, Inc		3.950		01/15/27		357,442
	450,000		Alexandria Real Estate Equities, Inc		3.950		01/15/28		459,360
	2,025,000		American Tower Corp		3.300		02/15/21		2,061,948
	475,000		American Tower Corp		4.400		02/15/26		499,381
	1,200,000		American Tower Corp		3.550		07/15/27		1,190,877
	950,000		Brandywine Operating Partnership LP		4.100		10/01/24		965,437
	650,000		Brandywine Operating Partnership LP		3.950		11/15/27		644,996
	1,050,000		Brixmor Operating Partnership LP		3.650		06/15/24		1,044,288
	1,750,000		Brixmor Operating Partnership LP		3.850		02/01/25		1,747,275
	525,000		Brixmor Operating Partnership LP		4.125		06/15/26		529,378
	170,000		Camden Property Trust		4.625		06/15/21		179,705
	1,250,000		Camden Property Trust		2.950		12/15/22		1,250,018
	350,000	g	Communications Sales & Leasing, Inc		6.000		04/15/23		343,875
	780,000		Crown Castle International Corp		4.875		04/15/22		836,344
	550,000		Crown Castle International Corp		3.200		09/01/24		544,174
	775,000		Crown Castle International Corp		3.650		09/01/27		772,873
	725,000		DCT Industrial Operating Partnership LP		4.500		10/15/23		759,712
	700,000		DDR Corp		3.625		02/01/25		688,391
	800,000		DDR Corp		4.250		02/01/26		813,849
	650,000		DDR Corp		4.700		06/01/27		680,301
	625,000		Digital Realty Trust LP		3.700		08/15/27		629,362
	325,000		Duke Realty LP		3.250		06/30/26		322,022
	750,000		Equinix, Inc		5.375		01/01/22		780,000
	550,000		Equity One, Inc		3.750		11/15/22		563,377
	775,000		Essex Portfolio LP		3.375		01/15/23		785,620
	900,000		Federal Realty Investment Trust		3.250		07/15/27		892,363
	150,000		Healthcare Realty Trust, Inc		3.750		04/15/23		152,552
	1,500,000		Healthcare Realty Trust, Inc		3.875		05/01/25		1,519,477
	450,000		Healthcare Trust of America Holdings LP		3.375		07/15/21		458,273
	325,000		Healthcare Trust of America Holdings LP		3.700		04/15/23		332,232
	1,225,000		Healthcare Trust of America Holdings LP		3.500		08/01/26		1,205,782
	375,000		Highwoods Realty LP		3.875		03/01/27		375,559
	400,000		Host Hotels & Resorts LP		4.500		02/01/26		418,673
	350,000		Kimco Realty Corp		3.800		04/01/27		353,398
	500,000		Liberty Property LP		3.250		10/01/26		491,945
	1,500,000		Mid-America Apartments LP		4.300		10/15/23		1,573,781
	1,000,000		Mid-America Apartments LP		3.750		06/15/24		1,027,609
	850,000		Mid-America Apartments LP		4.000		11/15/25		880,216
	750,000		Mid-America Apartments LP		3.600		06/01/27		751,065
	275,000		National Retail Properties, Inc		3.800		10/15/22		284,030
	525,000		National Retail Properties, Inc		3.300		04/15/23		527,539
	550,000		National Retail Properties, Inc		4.000		11/15/25		564,059

184

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	600,000		National Retail Properties, Inc		3.600	%	12/15/26	$	594,779
	975,000		Realty Income Corp		3.650		01/15/28		981,894
	875,000		Regency Centers LP		3.900		11/01/25		893,868
	925,000		Regency Centers LP		3.600		02/01/27		925,582
	1,150,000		Weingarten Realty Investors		3.375		10/15/22		1,159,173
	450,000		Weingarten Realty Investors		3.500		04/15/23		453,638
	400,000		Weingarten Realty Investors		4.450		01/15/24		419,645
	925,000		Weingarten Realty Investors		3.850		06/01/25		933,378
	300,000		Weingarten Realty Investors		3.250		08/15/26		287,858
	975,000		Welltower, Inc		4.000		06/01/25		1,007,964
			TOTAL REAL ESTATE						38,916,337
RETAILING - 0.6%
	1,700,000		Asbury Automotive Group, Inc		6.000		12/15/24		1,770,040
	4,500,000		AutoNation, Inc		5.500		02/01/20		4,750,474
	480,000		Dollar Tree, Inc		5.750		03/01/23		502,800
	1,300,000		Enable Midstream Partners LP		4.400		03/15/27		1,321,569
	1,775,000		Home Depot, Inc		2.000		04/01/21		1,757,333
	600,000		Home Depot, Inc		3.500		09/15/56		576,524
	1,000,000	g	JC Penney Corp, Inc		5.875		07/01/23		943,750
	2,100,000		L Brands, Inc		6.875		11/01/35		2,121,000
	2,100,000		L Brands, Inc		6.750		07/01/36		2,100,000
	250,000	g	Lithia Motors, Inc		5.250		08/01/25		260,625
	775,000		Macy’s Retail Holdings, Inc		4.500		12/15/34		658,532
	1,870,000		Men’s Wearhouse, Inc		7.000		07/01/22		1,877,106
	950,000		O’Reilly Automotive, Inc		3.550		03/15/26		959,545
	1,400,000		O’Reilly Automotive, Inc		3.600		09/01/27		1,404,737
	2,145,000		Penske Automotive Group, Inc		5.500		05/15/26		2,176,532
	3,450,000	†,g	PetSmart, Inc		7.125		03/15/23		2,044,125
	1,600,000		Priceline Group, Inc		3.550		03/15/28		1,584,400
	1,100,000	g	Rolls-Royce plc		2.375		10/14/20		1,092,697
	400,000	g	Rolls-Royce plc		3.625		10/14/25		412,441
	1,125,000		Target Corp		3.625		04/15/46		1,093,914
			TOTAL RETAILING						29,408,144
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.2%
	3,300,000		Intel Corp		3.150		05/11/27		3,364,420
	1,325,000		Intel Corp		4.100		05/11/47		1,458,462
	700,000		Maxim Integrated Products, Inc		3.450		06/15/27		703,139
	800,000	g	Semiconductor Manufacturing International Corp		4.125		10/07/19		808,436
	700,000		Texas Instruments, Inc		2.625		05/15/24		694,284
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						7,028,741
SOFTWARE & SERVICES - 0.6%
	825,000		Activision Blizzard Inc		2.300		09/15/21		814,084
	875,000		Activision Blizzard Inc		3.400		09/15/26		885,303
	2,000,000		Baidu, Inc		2.875		07/06/22		1,978,608
	1,199,000		Fidelity National Information Services, Inc		3.625		10/15/20		1,231,855
	1,500,000	g	First Data Corp		7.000		12/01/23		1,586,250
	600,000	g	IMS Health, Inc		5.000		10/15/26		615,000
	4,925,000		Microsoft Corp		2.400		08/08/26		4,748,156
	750,000		Microsoft Corp		4.100		02/06/37		836,761

185

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,100,000		Microsoft Corp		4.250	%	02/06/47	$	1,256,386
	2,350,000		NCR Corp		5.875		12/15/21		2,408,750
	1,000,000	g	Open Text Corp		5.625		01/15/23		1,041,250
	1,925,000	g	Open Text Corp		5.875		06/01/26		2,074,187
	2,200,000		Oracle Corp		2.500		05/15/22		2,203,200
	3,100,000		Oracle Corp		3.250		11/15/27		3,151,639
	1,175,000		Oracle Corp		3.800		11/15/37		1,232,340
	1,500,000		Oracle Corp		4.000		11/15/47		1,595,761
	730,000	g	Sabre GLBL, Inc		5.375		04/15/23		751,900
	300,000	g	Symantec Corp		5.000		04/15/25		312,000
	1,950,000		VMware, Inc		2.950		08/21/22		1,944,295
			TOTAL SOFTWARE & SERVICES						30,667,725
TECHNOLOGY HARDWARE & EQUIPMENT - 1.0%
	725,000		Amphenol Corp		3.125		09/15/21		736,442
	2,625,000		Apple, Inc		3.200		05/11/27		2,657,570
	10,000,000		Apple, Inc		3.000		11/13/27		9,936,277
	875,000		Apple, Inc		4.650		02/23/46		1,023,717
	800,000	g	Broadcom Corp		3.875		01/15/27		787,018
	1,050,000	g	Broadcom Corp		3.500		01/15/28		1,000,668
	700,000	g	CommScope, Inc		5.000		06/15/21		713,125
	1,200,000	g	CommScope, Inc		5.500		06/15/24		1,248,000
	1,900,000	g	CommScope, Inc		6.000		06/15/25		2,018,750
	525,000		Corning, Inc		4.375		11/15/57		520,626
	1,175,000	g	Diamond Finance Corp		3.480		06/01/19		1,189,615
	2,550,000	g	Diamond Finance Corp		4.420		06/15/21		2,656,895
	675,000	g	Diamond Finance Corp		5.875		06/15/21		700,312
	650,000	g	Diamond Finance Corp		7.125		06/15/24		711,662
	3,050,000	g	Diamond Finance Corp		6.020		06/15/26		3,362,179
	1,600,000	g	Millicom International Cellular S.A.		5.125		01/15/28		1,600,000
	2,350,000	g	Sensata Technologies BV		5.625		11/01/24		2,582,062
	1,375,000		Tyco Electronics Group S.A.		2.375		12/17/18		1,378,084
	2,925,000		Tyco Electronics Group S.A.		2.350		08/01/19		2,922,178
	1,500,000		Tyco Electronics Group S.A.		3.500		02/03/22		1,540,909
	450,000		Tyco Electronics Group S.A.		3.700		02/15/26		467,288
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						39,753,377
TELECOMMUNICATION SERVICES - 1.3%
	6,625,000		AT&T, Inc		3.400		05/15/25		6,511,826
	2,625,000		AT&T, Inc		3.900		08/14/27		2,641,783
	3,838,000	g	AT&T, Inc		4.100		02/15/28		3,849,556
	2,085,000		AT&T, Inc		4.500		05/15/35		2,071,250
	1,275,000		AT&T, Inc		5.250		03/01/37		1,347,568
	2,625,000		AT&T, Inc		4.900		08/14/37		2,661,693
	1,050,000		AT&T, Inc		4.750		05/15/46		1,026,072
	1,275,000		AT&T, Inc		5.450		03/01/47		1,361,556
	2,625,000		AT&T, Inc		5.150		02/14/50		2,638,097
	1,500,000	g	Bharti Airtel International Netherlands BV		5.125		03/11/23		1,590,699
	3,000,000	g	Deutsche Telekom International Finance BV		1.950		09/19/21		2,916,958
	500,000		France Telecom S.A.		5.375		01/13/42		602,670
	2,100,000	g	MTN Mauritius Investment Ltd		5.373		02/13/22		2,171,614
	2,075,000	g	SK Telecom Co Ltd		2.125		05/01/18		2,072,200
	450,000		Telefonica Emisiones SAU		4.103		03/08/27		464,854

186

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	925,000		T-Mobile USA, Inc		6.375	%	03/01/25	$	989,750
	1,600,000		Verizon Communications, Inc		3.450		03/15/21		1,648,617
	975,000		Verizon Communications, Inc		4.150		03/15/24		1,025,298
	3,000,000		Verizon Communications, Inc		4.125		03/16/27		3,127,259
	9,113,000		Verizon Communications, Inc		4.272		01/15/36		9,059,340
	1,300,000		Verizon Communications, Inc		3.850		11/01/42		1,174,915
	675,000		Verizon Communications, Inc		4.125		08/15/46		623,006
	1,600,000	g	VimpelCom Holdings BV		4.950		06/16/24		1,622,400
			TOTAL TELECOMMUNICATION SERVICES						53,198,981
TRANSPORTATION - 0.9%
	2,000,000	g	Adani Ports & Special Economic Zone Ltd		3.950		01/19/22		2,040,626
	655,000	g	Asciano Finance Ltd		5.000		04/07/18		659,165
	400,000	g	Bombardier, Inc		7.750		03/15/20		430,000
	600,000	g	Bombardier, Inc		6.125		01/15/23		588,000
	1,000,000	g	Bombardier, Inc		7.500		03/15/25		1,007,500
	225,000		Bristow Group, Inc		6.250		10/15/22		184,219
	1,300,000		Burlington Northern Santa Fe LLC		4.125		06/15/47		1,423,060
	2,050,000		Canadian Pacific Railway Co		2.900		02/01/25		2,033,361
	1,950,000		CSX Corp		3.800		11/01/46		1,936,981
	1,950,000		Delta Air Lines, Inc		3.625		03/15/22		1,978,573
	3,000,000	g	ERAC USA Finance LLC		2.800		11/01/18		3,013,971
	900,000		FedEx Corp		4.100		02/01/45		926,857
	825,000		FedEx Corp		4.750		11/15/45		922,999
	2,115,000		GATX Corp		2.375		07/30/18		2,116,898
	1,400,000	g	Hertz Corp		7.625		06/01/22		1,466,500
	4,900,000		Kansas City Southern		2.350		05/15/20		4,880,238
	1,500,000	g	KLX, Inc		5.875		12/01/22		1,570,800
	1,075,000	g	Norfolk Southern Corp		4.050		08/15/52		1,113,035
	375,000		Northrop Grumman Corp		1.750		06/01/18		374,742
	1,925,000		Northrop Grumman Corp		3.250		01/15/28		1,927,209
	725,000		Northrop Grumman Corp		4.030		10/15/47		756,967
	2,100,000	g	Transnet SOC Ltd		4.000		07/26/22		2,056,064
	800,000	g	TTX Co		3.600		01/15/25		818,209
	825,000		Union Pacific Corp		3.600		09/15/37		854,091
	1,500,000		United Parcel Service, Inc		3.750		11/15/47		1,547,216
			TOTAL TRANSPORTATION						36,627,281
UTILITIES - 2.9%
	325,000		AEP Transmission Co LLC		3.100		12/01/26		325,555
	350,000		AEP Transmission Co LLC		4.000		12/01/46		370,341
	2,020,000	g	AES Argentina Generacion S.A.		7.750		02/02/24		2,187,761
	425,000		AES Corp		4.875		05/15/23		432,969
	1,800,000		AGL Capital Corp		3.875		11/15/25		1,856,954
	625,000		AGL Capital Corp		4.400		06/01/43		664,250
	700,000		Alabama Power Co		4.150		08/15/44		754,696
	525,000		American Water Capital Corp		3.000		12/01/26		517,995
	500,000		American Water Capital Corp		4.000		12/01/46		533,264
	1,475,000		American Water Capital Corp		3.750		09/01/47		1,520,501
	300,000	g	APT Pipelines Ltd		4.250		07/15/27		310,367
	250,000		Atmos Energy Corp		8.500		03/15/19		268,723
	250,000		Atmos Energy Corp		4.125		10/15/44		272,752
	1,325,000		Baltimore Gas & Electric Co		3.750		08/15/47		1,356,177

187

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,525,000	g	Banco BTG Pactual S.A.		5.500	%	01/31/23	$	1,523,094
	925,000		Black Hills Corp		4.250		11/30/23		967,942
	325,000		Black Hills Corp		3.150		01/15/27		316,622
	2,575,000	g	Calpine Corp		5.250		06/01/26		2,523,526
	250,000		Carolina Power & Light Co		5.300		01/15/19		258,037
	300,000		CenterPoint Energy Resources Corp		6.250		02/01/37		378,822
	1,525,000	g	Cerro del Aguila S.A.		4.125		08/16/27		1,505,938
	1,000,000		CMS Energy Corp		3.600		11/15/25		1,023,521
	200,000		Commonwealth Edison Co		5.900		03/15/36		261,986
	200,000		Connecticut Light & Power Co		5.500		02/01/19		206,580
	1,325,000		Consolidated Edison Co of New York, Inc		3.850		06/15/46		1,378,618
	1,475,000		Consolidated Edison Co of New York, Inc		3.875		06/15/47		1,541,077
	900,000		Consolidated Edison, Inc		2.000		05/15/21		886,164
	750,000		Dominion Resources, Inc		2.000		08/15/21		732,819
	1,825,000		DTE Electric Co		3.750		08/15/47		1,896,650
	1,000,000		Duke Energy Corp		2.100		06/15/18		1,000,275
	1,175,000		Duke Energy Corp		1.800		09/01/21		1,142,745
	1,725,000		Duke Energy Corp		2.650		09/01/26		1,652,374
	1,175,000		Duke Energy Corp		3.750		09/01/46		1,160,845
	1,323,000		Dynegy, Inc		6.750		11/01/19		1,359,383
	1,675,000		Energy Transfer Partners LP		4.750		01/15/26		1,737,369
	575,000		Energy Transfer Partners LP		5.150		02/01/43		544,085
	1,075,000		Energy Transfer Partners LP		5.950		10/01/43		1,142,121
	1,050,000		Energy Transfer Partners LP		5.150		03/15/45		1,024,093
	1,125,000		Entergy Corp		2.950		09/01/26		1,094,258
	850,000		EQT Midstream Partners LP		4.125		12/01/26		846,214
	1,850,000		Exelon Generation Co LLC		3.400		03/15/22		1,880,869
	1,625,000		Fortis, Inc		3.055		10/04/26		1,568,572
	2,000,000	g	Greenko Dutch BV		5.250		07/24/24		2,024,600
	250,000		Indiana Michigan Power Co		7.000		03/15/19		263,560
	750,000		Indiana Michigan Power Co		3.750		07/01/47		761,614
	2,000,000	g	Inkia Energy Ltd		5.875		11/09/27		2,011,520
	125,000		Integrys Energy Group, Inc		4.170		11/01/20		129,989
	500,000		Interstate Power & Light Co		3.700		09/15/46		500,191
	2,500,000	g	Israel Electric Corp Ltd		5.625		06/21/18		2,531,250
	100,000	g	Kansas Gas & Electric		6.700		06/15/19		105,937
	2,000,000	g	KazMunayGas National Co JSC		3.875		04/19/22		2,029,864
	1,900,000	g	KazTransGas JSC		4.375		09/26/27		1,905,349
	350,000		LG&E and KU Energy LLC		3.750		11/15/20		361,073
	2,000,000	g	Medco Straits Services Pte Ltd		8.500		08/17/22		2,121,494
	1,000,000		MidAmerican Energy Co		4.250		05/01/46		1,121,576
	1,675,000	g	Minejesa Capital BV		4.625		08/10/30		1,711,865
	800,000	g	Minejesa Capital BV		5.625		08/10/37		852,551
	425,000		MPLX LP		5.500		02/15/23		437,359
	800,000		MPLX LP		4.000		02/15/25		816,159
	2,075,000		MPLX LP		4.125		03/01/27		2,124,715
	2,000,000	g	NBK SPC Ltd		2.750		05/30/22		1,966,488
	1,000,000		Nevada Power Co		5.450		05/15/41		1,237,745
	2,625,000		NextEra Energy Capital Holdings, Inc		3.550		05/01/27		2,673,181
	550,000	g	NextEra Energy Operating Partners LP		4.250		09/15/24		559,625
	2,000,000		NiSource Finance Corp		3.490		05/15/27		2,035,100
	750,000		NiSource Finance Corp		4.800		02/15/44		848,277
	1,400,000		NiSource Finance Corp		3.950		03/30/48		1,432,758

188

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	750,000		Northeast Utilities		1.600	%	01/15/18	$	749,845
	1,500,000		Northeast Utilities		1.450		05/01/18		1,497,624
	1,400,000		Northern States Power Co		3.600		09/15/47		1,423,123
	1,350,000	g	NRG Energy, Inc		5.750		01/15/28		1,363,500
	1,225,000		Oncor Electric Delivery Co LLC		2.150		06/01/19		1,219,392
	162,000		Pacific Gas & Electric Co		8.250		10/15/18		169,512
	525,000		Pacific Gas & Electric Co		3.750		08/15/42		505,401
	1,275,000		Pacific Gas & Electric Co		4.250		03/15/46		1,336,951
	2,000,000	g	Perusahaan Listrik Negara PT		4.125		05/15/27		2,002,913
	925,000	g	Petroamazonas EP		4.625		11/06/20		902,030
	2,000,000	g	Petroleos del Peru S.A.		4.750		06/19/32		2,022,500
	1,425,000		Phillips 66 Partners LP		3.550		10/01/26		1,411,959
	1,025,000		Phillips 66 Partners LP		4.680		02/15/45		1,051,914
	300,000		Phillips 66 Partners LP		4.900		10/01/46		317,109
	50,000		Potomac Electric Power Co		7.900		12/15/38		78,020
	500,000		PPL Capital Funding, Inc		4.200		06/15/22		528,272
	275,000		Progress Energy, Inc		7.050		03/15/19		290,293
	550,000		Public Service Co of Colorado		4.750		08/15/41		639,367
	400,000		Public Service Co of Oklahoma		5.150		12/01/19		418,820
	800,000		Public Service Electric & Gas Co		3.600		12/01/47		818,319
	2,000,000	g	Saka Energi Indonesia PT		4.450		05/05/24		2,030,894
	975,000		Sempra Energy		2.875		10/01/22		973,588
	5,000,000		Smith College		4.470		07/01/35		5,593,009
	2,894,671	g	Solar Star Funding LLC		3.950		06/30/35		2,835,305
	1,325,000		Southern Co		4.400		07/01/46		1,409,801
	425,000		Southern Co Gas Capital Corp		3.950		10/01/46		421,577
	1,650,000		Southern Power Co		2.500		12/15/21		1,634,433
	1,550,000		Southern Power Co		4.150		12/01/25		1,633,045
	800,000		Spectra Energy Partners LP		3.500		03/15/25		803,187
	1,675,000		Spectra Energy Partners LP		4.500		03/15/45		1,727,757
	1,300,000		Virginia Electric & Power Co		3.500		03/15/27		1,343,684
	775,000		Virginia Electric & Power Co		4.000		11/15/46		828,651
	1,850,000	g	VM Holding S.A.		5.375		05/04/27		1,961,000
	1,425,000		Western Gas Partners LP		4.650		07/01/26		1,480,938
	575,000		Williams Partners LP		4.500		11/15/23		608,014
	2,000,000		Williams Partners LP		3.750		06/15/27		2,003,588
	225,000		Williams Partners LP		4.900		01/15/45		238,495
	850,000		Wisconsin Power & Light Co		4.100		10/15/44		902,885
	575,000		Xcel Energy, Inc		3.350		12/01/26		581,943
	215,000		Xcel Energy, Inc		4.800		09/15/41		244,022
			TOTAL UTILITIES						123,493,424
			TOTAL CORPORATE BONDS						1,328,573,020
			(Cost $1,308,190,297)
GOVERNMENT BONDS -  49.4%
FOREIGN GOVERNMENT BONDS - 3.3%
	2,200,000		Argentina Republic Government International Bond		5.625		01/26/22		2,321,000
	5,000,000	g	Bermuda Government International Bond		4.854		02/06/24		5,413,150
	3,450,000	g	Bermuda Government International Bond		3.717		01/25/27		3,488,813
BRL	5,000,000		Brazil Notas do Tesouro Nacional Serie F		10.000		01/01/21		1,552,257

189

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
BRL	11,400,000		Brazil Notas do Tesouro Nacional Serie F		10.000	%	01/01/23	$	3,482,550
$	500,000		Colombia Government International Bond		4.500		01/28/26		533,250
	3,950,000		Colombia Government International Bond		5.000		06/15/45		4,177,125
	1,575,000	g	Costa Rica Government International Bond		7.158		03/12/45		1,653,750
	2,625,000	g	Ecuador Government International Bond		8.875		10/23/27		2,887,500
	1,100,000	g	Egypt Government International Bond		6.125		01/31/22		1,150,732
	2,475,000	g	Egypt Government International Bond		8.500		01/31/47		2,839,300
	1,250,000	g	El Salvador Government International Bond		5.875		01/30/25		1,256,250
	950,000	g	El Salvador Government International Bond		8.625		02/28/29		1,111,500
TRY	3,425,000		European Investment Bank		5.750		04/03/18		886,226
$	1,800,000	g	Export Credit Bank of Turkey		4.250		09/18/22		1,751,324
	1,500,000	g	Export-Import Bank of China		2.850		09/16/20		1,490,550
	1,200,000	g	Guatemala Government International Bond		4.500		05/03/26		1,212,384
	3,100,000	g	Guatemala Government International Bond		4.375		06/05/27		3,092,250
	1,500,000		Indonesia Government International Bond		3.500		01/11/28		1,495,983
	1,950,000	g	Ivory Coast Government International Bond		6.125		06/15/33		1,985,028
	2,026,500	g	Ivory Coast Government International Bond		5.750		12/31/32		2,012,146
	3,025,000		Jamaica Government International Bond		8.000		03/15/39		3,707,773
	1,000,000	g	Japan Finance Organization for Municipalities		2.000		09/08/20		986,471
JPY	2,300,000,000		Japan Government Two Year Bond		0.100		04/15/19		20,475,134
$	975,000	g	Jordan Government International Bond		7.375		10/10/47		1,016,959
	775,000	g	Kommunalbanken AS.		1.375		10/26/20		757,623
	1,650,000	g	Korea Housing Finance Corp		2.000		10/11/21		1,586,704
	1,500,000	g	Korea Housing Finance Corp		3.000		10/31/22		1,488,589
	3,550,000	g	Kuwait International Government Bond		2.750		03/20/22		3,538,509
MXN	81,000,000		Mexican Bonos		6.500		06/10/21		3,978,835
$	2,250,000		Mexico Government International Bond		3.625		03/15/22		2,337,750
	2,200,000		Mexico Government International Bond		4.150		03/28/27		2,281,400
	1,725,000	g	Nigeria Government International Bond		6.500		11/28/27		1,798,949
	2,500,000	g	Pakistan Government International Bond		6.875		12/05/27		2,507,070
	1,700,000		Panama Government International Bond		6.700		01/26/36		2,262,700
	2,000,000		Panama Government International Bond		4.500		05/15/47		2,153,000
	2,000,000	g	Perusahaan Penerbit SBSN Indonesia III		3.400		03/29/22		2,027,600
	2,500,000	g	Provincia de Buenos Aires		7.875		06/15/27		2,774,550
	1,500,000	g	Provincia de Mendoza Argentina		8.375		05/19/24		1,672,590
	1,300,000	g	Republic of Ghana		7.875		08/07/23		1,426,697
	1,000,000	g	Republic of Paraguay		6.100		08/11/44		1,140,000
	79,478		Republic of Serbia		6.750		11/01/24		80,810
	278,175	g	Republic of Serbia		6.750		11/01/24		282,836
	2,475,000		Republic of South Africa Government International Bond		4.850		09/27/27		2,505,754
	3,875,000	g	Saudi Government International Bond		2.875		03/04/23		3,812,039
	2,500,000	g	Saudi Government International Bond		3.250		10/26/26		2,451,100
	1,200,000	g	Senegal Government International Bond		6.250		05/23/33		1,267,268
ZAR	22,000,000		South Africa Government International Bond		10.500		12/21/26		1,985,383
$	2,350,000		South Africa Government International Bond		4.300		10/12/28		2,267,163
	1,550,000	g	Sri Lanka Government International Bond		6.850		11/03/25		1,710,752
	1,575,000		Turkey Government International Bond		6.000		03/25/27		1,677,816
	2,000,000		Turkey Government International Bond		6.875		03/17/36		2,230,924
	5,050,000	g	Ukraine Government International Bond		7.375		09/25/32		4,976,260
UYU	41,525,000	g	Uruguay Government International Bond		9.875		06/20/22		1,527,356
$	1,125,000		Uruguay Government International Bond		4.375		10/27/27		1,204,875

190

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	2,000,000		Uruguay Government International Bond		5.100	%	06/18/50	$	2,220,000
	3,000,000	g	Zambia Government International Bond		8.500		04/14/24		3,310,590
			TOTAL FOREIGN GOVERNMENT BONDS						139,222,897
MORTGAGE BACKED - 21.6%
	5,428,648		Federal Home Loan Mortgage Corp (FHLMC)		3.500		08/15/42		5,550,948
	8,064,405		FHLMC		3.500		08/15/43		8,325,302
	5,632,903		FHLMC		3.000		03/15/44		5,648,015
	4,581		Federal Home Loan Mortgage Corp Gold (FGLMC)		7.000		10/01/20		4,707
	2,746,744		FGLMC		3.500		03/01/27		2,840,149
	17,307		FGLMC		6.500		01/01/29		19,171
	1,541		FGLMC		8.000		01/01/31		1,707
	213,196		FGLMC		5.500		12/01/33		236,649
	322,561		FGLMC		7.000		12/01/33		368,254
	58,907		FGLMC		4.500		10/01/34		62,723
	116,806		FGLMC		5.500		03/01/35		130,010
	97,698		FGLMC		7.000		05/01/35		111,049
	137,303		FGLMC		5.000		04/01/38		149,717
	185,055	w	FGLMC		4.500		11/01/40		201,015
	202,820	w	FGLMC		4.500		12/01/40		219,847
	1,444,524		FGLMC		4.500		10/01/44		1,565,155
	228,347		FGLMC		4.500		11/01/44		247,390
	289,351		FGLMC		4.500		11/01/44		313,449
	98,403		FGLMC		4.500		12/01/44		105,417
	166,032		FGLMC		4.500		12/01/44		179,757
	1,496,636		FGLMC		3.500		04/01/45		1,549,325
	10,747,909		FGLMC		3.500		10/01/45		11,111,782
	8,719,899		FGLMC		4.000		12/01/45		9,217,007
	1,675,033		FGLMC		4.000		05/01/46		1,764,951
	36,735,024		FGLMC		3.500		08/01/46		37,969,773
	3,324,186		FGLMC		4.000		09/01/47		3,524,696
	930		Federal National Mortgage Association (FNMA)		8.000		03/01/23		932
	3,283		FNMA		9.000		11/01/25		3,600
	2,545		FNMA		7.500		01/01/29		2,789
	271,179		FNMA		2.500		06/01/30		271,826
	969,054		FNMA		2.500		06/01/31		968,463
	152,391		FNMA		2.500		07/01/31		152,326
	3,697,219		FNMA		2.500		07/01/31		3,695,636
	893,393		FNMA		2.500		08/01/31		893,011
	538,586		FNMA		2.500		09/01/31		538,369
	659,565		FNMA		2.500		09/01/31		659,282
	433,813		FNMA		2.500		09/01/31		433,702
	463,588		FNMA		2.500		10/01/31		463,401
	142,112		FNMA		2.500		10/01/31		142,075
	220,329		FNMA		2.500		11/01/31		220,240
	292,952		FNMA		2.500		11/01/31		292,834
	386,817		FNMA		2.500		11/01/31		386,580
	344,945		FNMA		2.500		11/01/31		344,857
	71,414		FNMA		2.500		11/01/31		71,385
	173,374		FNMA		2.500		11/01/31		173,268
	394,379		FNMA		2.500		11/01/31		394,220
	179,048		FNMA		2.500		12/01/31		179,003

191

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	574,403		FNMA		2.500	%	12/01/31	$	574,171
	200,830		FNMA		2.500		12/01/31		200,749
	134,366		FNMA		2.500		12/01/31		134,332
	453,927		FNMA		2.500		12/01/31		453,744
	2,643,411		FNMA		2.500		01/01/32		2,641,797
	4,400,707		FNMA		3.500		02/01/32		4,551,021
	3,777,878		FNMA		3.500		05/01/32		3,912,510
	883,778		FNMA		2.500		06/01/32		883,422
	226,563		FNMA		2.500		06/01/32		226,425
	424,497		FNMA		2.500		07/01/32		424,326
	808,049		FNMA		2.500		07/01/32		807,842
	1,769,966		FNMA		2.500		07/01/32		1,769,252
	6,640,366		FNMA		3.500		07/01/32		6,867,676
	86,632		FNMA		7.000		07/01/32		94,935
	5,865,599		FNMA		2.500		08/01/32		5,864,219
	39,204,853		FNMA		3.000		11/01/32		39,963,019
	1,096,685		FNMA		5.000		06/01/33		1,190,488
	98,857		FNMA		4.500		10/01/33		105,684
	2,395,088		FNMA		5.000		10/01/33		2,602,069
	105,143		FNMA		5.000		11/01/33		113,358
	147,557		FNMA		5.000		11/01/33		160,295
	101,146		FNMA		5.500		02/01/35		112,262
	4,479,050		FNMA		5.000		05/01/35		4,866,078
	2,511,152		FNMA		5.000		10/01/35		2,728,340
	1,914,680		FNMA		5.000		02/01/36		2,080,262
	2,949,488		FNMA		5.500		08/01/37		3,280,410
	19,733		FNMA		6.000		09/01/37		22,648
	16,147		FNMA		6.000		09/01/37		18,527
	35,991		FNMA		6.500		09/01/37		39,894
	1,396,727		FNMA		5.500		11/01/38		1,553,718
	730,452		FNMA		5.500		12/01/38		815,574
	2,103,758		FNMA		4.500		05/01/39		2,269,607
	114,883		FNMA		4.000		07/01/39		121,238
	197,232		FNMA		5.500		08/01/39		218,910
	353,692		FNMA		5.500		04/01/40		391,682
	403,370		FNMA		5.000		08/01/40		435,476
	850,153		FNMA		5.000		09/01/40		917,843
	106,894		FNMA		6.000		10/01/40		120,974
	1,989,371		FNMA		4.500		01/01/41		2,147,106
	5,438,257		FNMA		4.500		01/01/41		5,898,918
	1,100,186		FNMA		5.000		05/01/41		1,187,996
	715,864		FNMA		4.500		09/01/41		772,417
	3,768,101		FNMA		5.500		12/01/41		4,264,054
	1,384,960		FNMA		4.500		01/01/42		1,500,439
	385,440		FNMA		4.500		03/01/42		416,119
	1,307,379		FNMA		4.500		04/01/42		1,401,578
	1,005,648		FNMA		4.500		06/01/42		1,077,093
	2,219,421		FNMA		4.500		08/01/42		2,394,069
	32,882		FNMA		3.000		10/01/42		33,066
	1,796,729		FNMA		3.000		10/01/42		1,806,794
	6,198,568	w	FNMA		3.000		01/01/43		6,233,211
	2,041,140		FNMA		4.500		01/01/43		2,177,347
	8,050,258	w	FNMA		3.000		02/01/43		8,095,361

192

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	2,430,780	FNMA		3.000	%	02/25/43	$	2,453,267
	212,311	FNMA		3.000		04/01/43		213,500
	2,667,522	FNMA		3.000		08/25/43		2,692,930
	2,184,912	FNMA		4.500		10/01/43		2,358,030
	2,012,171	FNMA		4.500		02/01/44		2,154,879
	209,034	FNMA		4.000		04/01/44		220,601
	744,507	FNMA		4.000		06/01/44		785,805
	701,662	FNMA		4.000		06/01/44		740,493
	1,653,768	FNMA		4.500		06/01/44		1,787,628
	772,061	FNMA		4.000		07/01/44		814,277
	211,543	FNMA		4.000		07/01/44		223,246
	154,801	FNMA		4.000		08/01/44		163,360
	209,048	FNMA		4.000		08/01/44		220,477
	2,028,786	FNMA		4.000		08/01/44		2,140,642
	1,402,837	FNMA		4.000		08/01/44		1,480,425
	153,153	FNMA		4.000		09/01/44		161,627
	214,529	FNMA		4.000		09/01/44		226,283
	921,753	FNMA		4.000		10/01/44		972,733
	4,795,400	FNMA		4.500		10/01/44		5,182,854
	1,575,308	FNMA		4.000		12/01/44		1,662,440
	2,753,634	FNMA		4.000		01/01/45		2,905,969
	6,748,381	FNMA		3.000		02/25/45		6,768,848
	403,084	FNMA		3.500		03/01/45		416,385
	287,982	FNMA		3.500		03/01/45		297,983
	683,395	FNMA		4.500		03/01/45		738,675
	3,879,984	FNMA		3.000		03/25/45		3,905,290
	3,512,433	FNMA		3.500		05/01/45		3,637,919
	274,710	FNMA		4.000		05/01/45		289,911
	4,215,412	FNMA		4.000		06/01/45		4,466,093
	773,626	FNMA		4.000		08/01/45		820,148
	5,360,606	FNMA		4.000		09/01/45		5,656,318
	2,621,176	FNMA		4.000		11/01/45		2,778,850
	1,498,348	FNMA		4.000		12/01/45		1,588,058
	1,751,989	FNMA		3.500		01/01/46		1,810,549
	9,702,736	FNMA		4.000		01/01/46		10,260,005
	3,207,405	FNMA		3.500		02/01/46		3,312,534
	912,162	FNMA		3.500		06/01/46		942,799
	2,972,634	FNMA		3.500		08/01/46		3,055,416
	14,329,683	FNMA		3.000		11/01/46		14,339,826
	28,126,759	FNMA		3.000		12/01/46		28,146,668
	11,623,422	FNMA		3.500		12/01/46		11,947,110
	19,119,394	FNMA		3.500		12/01/46		19,651,829
	31,500,347	FNMA		3.000		01/01/47		31,522,643
	79,393,832	FNMA		3.500		01/01/47		81,604,783
	6,003,351	FNMA		3.000		02/01/47		6,007,600
	8,311,177	FNMA		3.000		04/01/47		8,317,060
	1,937,950	FNMA		3.000		04/01/47		1,939,322
	9,631,577	FNMA		3.000		06/01/47		9,638,394
	84,786,954	FNMA		4.000		09/01/47		88,795,887
	1,922,497	FNMA		4.500		09/01/47		2,047,735
	90,542,179	FNMA		4.500		10/01/47		96,445,065
	4,140,848	FNMA		4.000		12/01/47		4,360,453
	22,922,000	FNMA		3.500		01/01/48		23,562,104

193

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	7,866	Government National Mortgage Association (GNMA)		7.500	%	11/15/23	$	8,359
	2,057	GNMA		7.500		08/15/28		2,062
	10,641	GNMA		6.500		12/15/28		11,805
	38,962	GNMA		6.500		03/15/29		43,223
	12,302	GNMA		8.500		10/20/30		14,129
	3,554	GNMA		7.000		06/20/31		4,187
	107,578	GNMA		5.000		02/15/33		115,756
	350,663	GNMA		5.000		09/15/33		381,977
	4,556,058	GNMA		3.700		10/15/33		4,751,811
	24,585	GNMA		6.000		10/20/36		27,497
	28,298	GNMA		6.000		01/20/37		32,119
	44,927	GNMA		6.000		02/20/37		50,844
	38,083	GNMA		5.000		04/15/38		41,314
	20,034	GNMA		6.000		08/20/38		22,588
	12,661	GNMA		4.500		02/20/39		13,648
	17,850	GNMA		4.500		08/20/41		19,246
	63,752	GNMA		4.500		09/20/41		68,734
	13,922	GNMA		4.500		01/20/44		15,007
	17,292	GNMA		4.500		02/20/44		18,639
	26,889	GNMA		4.500		05/20/44		28,985
	192,197	GNMA		4.500		05/20/44		207,100
	208,924	GNMA		4.500		08/20/44		225,185
	211,010	GNMA		4.500		09/20/44		227,406
	75,048	GNMA		4.500		10/20/44		80,604
	56,922	GNMA		4.500		11/20/44		60,982
	131,408	GNMA		4.500		12/20/44		141,638
	199,721	GNMA		4.500		02/20/45		215,127
	232,795	GNMA		4.500		08/20/45		250,944
	248,646	GNMA		4.500		08/20/45		268,000
	232,587	GNMA		4.500		12/20/45		250,737
	26,540,463	GNMA		3.500		08/20/47		27,483,557
	3,991,342	GNMA		3.500		11/20/47		4,133,171
	14,966,577	GNMA		4.000		11/20/47		15,690,721
	70,623,308	GNMA		3.000		12/20/47		71,314,254
	36,500,000	GNMA		3.500		12/20/47		37,796,998
		TOTAL MORTGAGE BACKED						907,298,189
MUNICIPAL BONDS - 5.8%
	6,800,000	Alabama Economic Settlement Authority		4.263		09/15/32		7,320,064
	1,000,000	Anaheim City School District		3.825		08/01/23		1,054,960
	2,129,400	California Earthquake Authority		2.805		07/01/19		2,131,146
	5,000,000	California Housing Finance Agency		2.966		08/01/22		5,055,350
	5,865,000	Chicago Board of Education		5.000		12/01/20		6,119,541
	5,000,000	Chicago Board of Education		5.000		12/01/21		5,260,550
	2,800,000	Chicago Board of Education		5.000		12/01/21		2,945,908
	1,620,000	City & County of San Francisco CA Community Facilities District No 2014		3.000		09/01/25		1,592,622
	1,200,000	City & County of San Francisco CA Community Facilities District No 2014		3.250		09/01/27		1,184,556
	1,040,000	City of Fort Worth TX		3.955		03/01/32		1,069,952
	1,390,000	City of Fort Worth TX		4.088		03/01/37		1,428,837
	2,500,000	City of Inglewood CA		4.300		09/01/40		2,575,675

194

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	500,000	City of San Angelo TX Water & Sewer Revenue		4.261	%	02/15/37	$	518,320
	3,750,000	City of San Francisco CA Public Utilities Commission Water Revenue		3.950		11/01/36		3,849,450
	9,800,000	Commonwealth Financing Authority		4.014		06/01/33		10,213,658
	2,995,000	County of Miami-Dade FL Aviation Revenue		2.218		10/01/22		2,915,303
	5,000,000	County of Miami-Dade FL Aviation Revenue		2.368		10/01/23		4,847,900
	1,555,000	County of Miami-Dade FL Aviation Revenue		3.354		10/01/29		1,534,070
	5,595,000	County of Miami-Dade FL Aviation Revenue		3.454		10/01/30		5,655,929
	5,235,000	County of Miami-Dade FL Aviation Revenue		3.504		10/01/31		5,297,296
	3,000,000	Denver City & County School District No		4.242		12/15/37		3,184,230
	2,000,000	Florida Municipal Power Agency		2.769		10/01/23		1,958,420
	2,100,000	Florida Municipal Power Agency		2.919		10/01/24		2,070,054
	3,000,000	Florida Municipal Power Agency		3.059		10/01/25		2,980,620
	600,000	Grant County Public Utility District No 2		5.630		01/01/27		696,150
	250,000	Harris County Flood Control District		1.818		10/01/18		250,035
	895,000	Illinois Housing Development Authority		4.105		07/01/27		922,324
	2,430,000	Indiana Finance Authority		3.166		07/01/30		2,395,057
	3,000,000	Indiana Finance Authority		3.624		07/01/36		3,042,450
	2,270,000	Los Angeles County Public Works Financing Authority		2.910		12/01/20		2,299,011
	1,250,000	Los Angeles County Public Works Financing Authority		3.450		12/01/22		1,291,225
	2,000,000	Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy		2.000		09/01/22		1,946,580
	3,840,000	Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy		3.375		09/01/35		3,745,498
	1,250,000	Maryland Community Development Administration Housing Revenue		2.713		03/01/25		1,226,500
	7,440,000	Maryland Community Development Administration Housing Revenue		3.797		03/01/39		7,356,226
	5,000,000	Maryland Health & Higher Educational Facilities Authority		3.632		07/01/24		5,095,600
	165,000	Massachusetts Housing Finance Agency		2.807		12/01/19		164,790
	635,000	Massachusetts Housing Finance Agency		4.786		12/01/32		655,898
	2,780,000	Michigan Finance Authority		3.610		11/01/32		2,742,053
	6,710,000	Michigan Finance Authority		3.585		11/01/35		6,567,748
	4,575,000	New Jersey Economic Development Authority		3.882		06/15/19		4,628,802
	7,500,000	New Jersey Economic Development Authority		4.271		06/15/20		7,654,500
	1,600,000	New Jersey Economic Development Authority		5.706		06/15/30		1,804,080
	1,500,000	New Jersey Educational Facilities Authority		2.304		07/01/22		1,474,170
	1,415,000	New Jersey Educational Facilities Authority		2.504		07/01/23		1,367,923
	1,615,000	New Jersey Institute of Technology		4.177		07/01/37		1,655,714
	2,655,000	New York City Transitional Finance Authority Future Tax Secured Revenue		5.000		02/01/23		2,953,077
	1,000,000	New York City Transitional Finance Authority Future Tax Secured Revenue		3.780		02/01/26		1,042,850
	2,500,000	Palm Beach County Solid Waste Authority		2.636		10/01/24		2,468,100
	5,500,000	Palm Desert Redevelopment Agency		2.750		10/01/22		5,458,530
	6,155,000	Palm Desert Redevelopment Agency		3.000		10/01/23		6,126,810
	1,690,000	Port of Corpus Christi Authority of Nueces County		2.888		12/01/21		1,703,165
	2,000,000	Port of Seattle WA		3.471		05/01/31		2,014,060

195

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,390,000		Regents of the University of California Medical Center Pooled Revenue		2.659	%	05/15/28	$	1,320,542
	1,800,000		Regents of the University of California Medical Center Pooled Revenue		2.759		05/15/29		1,689,066
	3,535,000		Regents of the University of California Medical Center Pooled Revenue		2.859		05/15/30		3,307,240
	5,000,000		Rhode Island Convention Center Authority		3.195		05/15/26		4,990,600
	3,750,000		Rhode Island Convention Center Authority		3.265		05/15/27		3,732,900
	5,000,000		San Jose Redevelopment Agency		3.250		08/01/29		4,928,000
	5,000,000		State of California		4.988		04/01/39		5,562,250
	2,000,000		State of Illinois		2.770		04/01/18		2,001,780
	1,000,000		State of Illinois		4.125		01/01/19		1,009,480
	10,000,000		State of Illinois		5.000		02/01/19		10,242,500
	4,000,000		State of Texas		3.721		10/01/31		4,149,600
	4,000,000		State of Texas		3.771		10/01/32		4,160,280
	4,050,000		Syracuse Industrial Development Agency		5.000		01/01/36		3,948,426
	500,000		University of California		2.676		05/15/21		503,905
	4,500,000		University of California		2.817		05/15/24		4,482,000
	7,000,000		University of California		3.063		07/01/25		7,076,230
	3,000,000		University of California		3.169		05/15/29		2,983,320
	4,420,000		University of California		3.552		05/15/39		4,403,602
	6,385,000	†	Virgin Islands Public Finance Authority		5.000		10/01/21		3,192,500
	5,000,000	g	Virgin Islands Water & Power Authority-Electric System		5.500		11/15/18		4,975,050
	2,740,000		Virginia Housing Development Authority		3.668		10/01/27		2,765,098
			TOTAL MUNICIPAL BONDS						244,937,706
U.S. TREASURY SECURITIES - 18.7%
	11,000,000		United States Treasury Bond		5.000		05/15/37		15,071,100
	20,000,000		United States Treasury Bond		4.500		05/15/38		25,972,492
	30,000,000		United States Treasury Bond		4.375		11/15/39		38,566,182
	20,000,000		United States Treasury Bond		4.375		05/15/40		25,764,189
	12,000,000		United States Treasury Bond		2.500		02/15/46		11,406,281
	15,000,000		United States Treasury Bond		2.500		05/15/46		14,252,553
	10,675,000		United States Treasury Bond		3.000		05/15/47		11,210,978
	34,465,000		United States Treasury Bond		2.750		08/15/47		34,469,345
	5,000,000		United States Treasury Bond		2.750		11/15/47		5,002,575
	86,000		United States Treasury Note		1.375		09/30/19		85,249
	6,300,000		United States Treasury Note		1.500		10/31/19		6,255,931
	2,165,000		United States Treasury Note		1.750		11/30/19		2,159,328
	2,815,000		United States Treasury Note		1.750		11/15/20		2,798,598
	40,000,000		United States Treasury Note		1.125		07/31/21		38,678,584
	20,000,000		United States Treasury Note		2.000		08/31/21		19,933,049
	20,000,000		United States Treasury Note		2.125		09/30/21		20,011,201
	20,000,000		United States Treasury Note		2.000		12/31/21		19,897,235
	62,500,000		United States Treasury Note		1.875		01/31/22		61,846,455
	12,220,000		United States Treasury Note		2.000		11/30/22		12,107,056
	20,000,000		United States Treasury Note		1.750		01/31/23		19,547,034
	10,000,000		United States Treasury Note		1.625		05/31/23		9,685,031
	10,000,000		United States Treasury Note		1.250		07/31/23		9,475,174
	35,100,000		United States Treasury Note		1.375		08/31/23		33,455,078
	44,400,000		United States Treasury Note		2.250		12/31/23		44,309,029
	22,500,000		United States Treasury Note		2.250		01/31/24		22,446,808

196

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	10,000,000		United States Treasury Note			2.750	%	02/15/24	$	10,260,295
	25,000,000		United States Treasury Note			2.125		02/29/24		24,747,500
	20,000,000		United States Treasury Note			2.125		03/31/24		19,791,697
	20,000,000		United States Treasury Note			2.000		04/30/24		19,634,632
	35,000,000		United States Treasury Note			2.500		05/15/24		35,387,187
	7,155,000		United States Treasury Note			2.000		05/31/24		7,019,800
	7,500,000		United States Treasury Note			2.000		06/30/24		7,354,745
	500,000		United States Treasury Note			2.125		07/31/24		493,947
	11,052,000		United States Treasury Note			2.125		09/30/24		10,910,386
	40,000,000		United States Treasury Note			2.000		02/15/25		39,091,766
	10,000,000		United States Treasury Note			2.125		05/15/25		9,844,745
	30,000,000		United States Treasury Note			2.000		08/15/25		29,238,785
	30,000,000		United States Treasury Note			2.250		11/15/25		29,728,384
	20,479,000		United States Treasury Note			2.250		11/15/27		20,183,689
	15,000,000		United States Treasury Note			4.250		05/15/39		18,942,669
			TOTAL U.S. TREASURY SECURITIES							787,036,762
			TOTAL GOVERNMENT BONDS							2,078,495,554
			(Cost $2,079,938,501)
STRUCTURED ASSETS - 14.0%
ASSET BACKED - 7.8%
	102,207	i	ACE Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.735%		2.287		08/25/35		102,321
			Series - 2005 HE5 (Class M2)
	8,960,000		AmeriCredit Automobile Receivables Trust			2.570		07/08/20		8,991,011
			Series - 2014 2 (Class D)
	10,000,000		AmeriCredit Automobile Receivables Trust			2.710		09/08/22		9,923,291
			Series - 2016 3 (Class D)
	4,750,000	g	Anchorage Capital CLO 7 Ltd			3.300		10/15/27		4,724,818
			Series - 2015 7A (Class B2R)
	1,750,000	g,i	Ares XXVIII CLO Ltd	LIBOR 3 M + 2.100%		3.453		10/17/24		1,750,194
			Series - 2013 3A (Class C1R)
	4,000,000	g,i	Ares XXXIV CLO Ltd	LIBOR 3 M + 1.500%		2.811		07/29/26		3,999,458
			Series - 2015 2A (Class BR)
	1,137,534	i	Asset Backed Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.750%		2.080		03/25/35		1,142,163
			Series - 2005 HE1 (Class M1)
	5,000,000	g,i	Atrium XI	LIBOR 3 M + 1.500%		2.632		10/23/25		5,002,659
			Series - 2017 11A (Class BR)
	3,000,000	g	Avis Budget Rental Car Funding AESOP LLC			3.040		03/20/19		3,003,494
			Series - 2012 3A (Class B)
	3,000,000	g	Avis Budget Rental Car Funding AESOP LLC			3.780		06/20/22		3,064,051
			Series - 2016 1A (Class B)
	5,000,000	g	Avis Budget Rental Car Funding AESOP LLC			3.360		11/20/22		5,032,753
			Series - 2016 2A (Class B)
	3,500,000	g	Avis Budget Rental Car Funding AESOP LLC			4.830		11/20/22		3,513,501
			Series - 2016 2A (Class C)
	8,500,000	g	Avis Budget Rental Car Funding AESOP LLC			2.970		03/20/24		8,498,609
			Series - 2017 2A (Class A)
	1,123,992	i	Bear Stearns Asset Backed Securities Trust	LIBOR 1 M + 0.490%		2.042		07/25/35		1,119,946
			Series - 2005 SD3 (Class 1A)

197

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	1,130,617	i	Bear Stearns Asset Backed Securities Trust	LIBOR 1 M + 0.400%		1.952	%	02/25/36	$	1,131,100
			Series - 2006 EC2 (Class M1)
	2,000,000	g	Bowman Park CLO Ltd			3.545		11/23/25		2,000,311
			Series - 2014 1A (Class B2R)
	5,000,000	g,i	Canyon Capital	LIBOR 3 M + 1.600%		2.253		12/15/20		4,992,885
			Series - 2006 1A (Class D)
	1,100,000		Capital Auto Receivables Asset Trust			3.160		11/20/20		1,109,378
			Series - 2015 2 (Class D)
	2,250,000		Capital Auto Receivables Asset Trust			2.420		06/21/21		2,251,882
			Series - 2016 2 (Class C)
	3,000,000		Capital Auto Receivables Asset Trust			3.160		11/20/23		3,015,991
			Series - 2016 2 (Class D)
	5,000,000	g	Capital Automotive REIT			3.660		10/15/44		5,011,700
			Series - 2014 1A (Class A)
	4,966,667	g	Capital Automotive REIT			3.870		04/15/47		5,035,757
			Series - 2017 1A (Class A1)
	6,451,318	†,g,i	CBRE Realty Finance	LIBOR 3 M + 0.300%		1.650		04/07/52		218,916
			Series - 2007 1A (Class A2)
	654,762	g	CCR, Inc			4.750		07/10/22		660,188
			Series - 2012 CA (Class C)
	1,500,000	g	Cent CLO 21 Ltd			3.500		07/27/26		1,502,597
			Series - 2014 21A (Class A2BR)
	45,078		Centex Home Equity			5.540		01/25/32		45,707
			Series - 2002 A (Class AF6)
	110,851		Countrywide Asset-Backed Certificates			5.216		10/25/27		110,715
			Series - 2002 S4 (Class A5)
	7,293,750	g	DB Master Finance LLC			3.980		02/20/45		7,444,804
			Series - 2015 1A (Class A2II)
	5,000,000	g	DB Master Finance LLC			3.629		11/20/47		5,032,600
			Series - 2017 1A (Class A2I)
	1,970,000	g	Domino’s Pizza Master Issuer LLC			3.484		10/25/45		1,976,856
			Series - 2015 1A (Class A2I)
	2,992,500	g,i	Domino’s Pizza Master Issuer LLC	LIBOR 3 M + 1.250%		2.551		07/25/47		2,998,096
			Series - 2017 1A (Class A2I)
	4,987,500	g	Domino’s Pizza Master Issuer LLC			4.118		07/25/47		5,095,629
			Series - 2017 1A (Class A23)
	3,233,750	g	FOCUS Brands Funding LLC			3.857		04/30/47		3,270,970
			Series - 2017 1A (Class A2I)
	4,100,000	g,i	Galaxy XIX CLO Ltd	LIBOR 3 M + 1.220%		2.585		07/24/30		4,132,276
			Series - 2015 19A (Class A1R)
	116,528	i	GSAMP Trust	LIBOR 1 M + 0.180%		1.510		02/25/36		116,514
			Series - 2006 NC1 (Class A2)
	3,701,047	i	GSAMP Trust	LIBOR 1 M + 0.735%		2.287		07/25/45		3,716,509
			Series - 2005 HE4 (Class M2)
	955,266	g	HERO Funding Trust			3.280		09/20/48		951,323
			Series - 2017 2A (Class A1)
	1,910,532	g	HERO Funding Trust			4.070		09/20/48		1,948,069
			Series - 2017 2A (Class A2)
	3,633,023	†,g	HERO Residual Funding			4.500		09/21/42		3,614,858
			Series - 2016 1R (Class A1)
	4,020,000	g	Hertz Vehicle Financing LLC			1.830		08/25/19		4,014,384
			Series - 2013 1A (Class A2)
	4,000,000	g	Hertz Vehicle Financing LLC			2.320		03/25/20		3,986,519
			Series - 2016 1A (Class A)

198

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	6,000,000	g	Hertz Vehicle Financing LLC			3.110	%	07/25/20	$	5,968,243
			Series - 2016 3A (Class B)
	2,000,000	g	Hertz Vehicle Financing LLC			4.430		07/25/20		1,999,992
			Series - 2016 3A (Class C)
	2,512,479	g	Hilton Grand Vacations Trust			2.660		12/26/28		2,494,481
			Series - 2017 AA (Class A)
	4,187,466	g,i	Hilton Grand Vacations Trust			2.960		12/26/28		4,159,609
			Series - 2017 AA (Class B)
	1,870,530	i	Home Equity Mortgage Loan Asset-Backed Trust	LIBOR 1 M + 0.370%		1.922		10/25/35		1,869,446
			Series - 2005 C (Class AII3)
	1,429,687	i	Lehman XS Trust	LIBOR 1 M + 0.560%		2.112		08/25/35		1,409,641
			Series - 2005 2 (Class 1A1)
	337,472	i	Lehman XS Trust	LIBOR 1 M + 0.250%		1.802		02/25/36		336,824
			Series - 2006 1 (Class 1A1)
	3,000,000	g	Madison Park Funding XIII Ltd			3.300		01/19/25		3,002,337
			Series - 2014 13A (Class B2R)
	908,418	i	MASTR Asset Backed Securities Trust	LIBOR 1 M + 0.675%		2.227		10/25/35		909,472
			Series - 2005 HE2 (Class M1)
	962,825		MASTR Asset Backed Securities Trust			5.648		11/25/35		940,679
			Series - 2005 AB1 (Class A4)
	500,000	g	Mosaic Solar Loans LLC			0.010		09/20/42		441,581
			Series - 2017 2A (Class D)
	3,365,353	g	Mosaic Solar Loans LLC			3.820		09/20/42		3,377,730
			Series - 2017 2A (Class A)
	1,859,711	g	MVW Owner Trust			2.520		12/20/32		1,850,201
			Series - 2015 1A (Class A)
	2,672,943	g	MVW Owner Trust			2.640		12/20/33		2,606,494
			Series - 2016 1A (Class B)
	3,364,530	g	MVW Owner Trust			2.420		12/20/34		3,333,855
			Series - 2017 1A (Class A)
	5,318,404	i	NovaStar Mortgage Funding Trust	LIBOR 1 M + 1.125%		1.650		09/25/33		5,318,373
			Series - 2003 2 (Class M1)
	912,338		Oakwood Mortgage Investors, Inc			5.410		11/15/32		943,414
			Series - 2002 C (Class A1)
	151,387	g	OneMain Direct Auto Receivables Trust			2.040		01/15/21		151,439
			Series - 2016 1A (Class A)
	473,733	g,i	Orange Lake Timeshare Trust			3.030		07/09/29		469,146
			Series - 2014 AA (Class B)
	182,536		Renaissance Home Equity Loan Trust			5.392		07/25/34		182,315
			Series - 2004 2 (Class AF4)
	2,850,000		Residential Funding Mortgage Securities II, Inc			6.630		09/25/35		2,909,575
			Series - 2005 HI3 (Class M5)
	81,639		Residential Funding Mortgage Securities II, Inc			6.510		02/25/36		82,082
			Series - 2006 HI1 (Class M1)
	2,182,983		Residential Funding Mortgage Securities II, Inc			6.560		02/25/36		2,286,089
			Series - 2006 HI1 (Class M2)
	4,000,000		Santander Drive Auto Receivables Trust			2.660		11/15/21		4,012,738
			Series - 2016 2 (Class C)
	800,000		Santander Drive Auto Receivables Trust			2.740		12/15/21		803,652
			Series - 2015 5 (Class C)

199

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	5,000,000		Santander Drive Auto Receivables Trust			3.090	%	04/15/22	$	5,050,997
			Series - 2016 1 (Class C)
	3,800,000		Santander Drive Auto Receivables Trust			3.390		04/15/22		3,855,988
			Series - 2016 2 (Class D)
	202,957		Saxon Asset Securities Trust			6.120		11/25/30		211,562
			Series - 2002 2 (Class AF6)
	709,458	i	Securitized Asset Backed Receivables LLC	LIBOR 1 M + 0.320%		1.650		10/25/35		709,198
			Series - 2005 OP2 (Class A2C)
	6,054,449	g	Sierra Receivables Funding Co LLC			3.200		03/20/34		6,033,775
			Series - 2017 1A (Class B)
	611,704	g	Sierra Timeshare Receivables Funding LLC			2.430		06/20/32		608,686
			Series - 2015 2A (Class A)
	2,407,040	g	Sierra Timeshare Receivables Funding LLC			2.580		09/20/32		2,403,481
			Series - 2015 3A (Class A)
	3,368,631	g	Sierra Timeshare Receivables Funding LLC			3.080		09/20/32		3,357,745
			Series - 2015 3A (Class B)
	2,118,355	g	Sierra Timeshare Receivables Funding LLC			2.330		07/20/33		2,102,388
			Series - 2016 2A (Class A)
	4,236,711	g	Sierra Timeshare Receivables Funding LLC			2.780		07/20/33		4,211,761
			Series - 2016 2A (Class B)
	1,650,000	g	SoFi Professional Loan Program LLC			2.630		07/25/40		1,639,165
			Series - 2017 C (Class A2B)
	589,737	g	SolarCity LMC			4.800		11/20/38		606,719
			Series - 2013 1 (Class A)
	748,068	g	SolarCity LMC			4.590		04/20/44		762,018
			Series - 2014 1 (Class A)
	1,264,170	†,g	SolarCity LMC			4.020		07/20/44		1,219,846
			Series - 2014 2 (Class A)
	14,173,373	g	SpringCastle America Funding LLC			3.050		04/25/29		14,261,271
			Series - 2016 AA (Class A)
	8,300,000	g	SpringCastle America Funding LLC			4.100		10/25/33		8,227,999
			Series - 2016 AA (Class B)
	1,485,440	i	Structured Asset Securities Corp Mortgage Loan Trust	LIBOR 1 M + 1.500%		2.861		04/25/35		1,451,833
			Series - 2005 7XS (Class 2A1A)
	3,500,000		Synchrony Credit Card Master Note Trust			2.620		10/15/25		3,498,420
			Series - 2017 2 (Class A)
	7,900,000	g	Taco Bell Funding LLC			3.832		05/25/46		8,007,203
			Series - 2016 1A (Class A2I)
	4,937,500	g	Taco Bell Funding LLC			4.970		05/25/46		5,187,881
			Series - 2016 1A (Class A23)
	12,500,000	†,g	TES LLC			4.330		10/20/47		12,574,750
			Series - 2017 1A (Class A)
	5,000,000	†,g	TES LLC			7.740		10/20/47		5,050,000
			Series - 2017 1A (Class B)
	2,177,083	g	THUNDERBOLT AIRCRAFT LEASE Ltd			4.500		05/17/32		2,056,243
			Series - 2017 A (Class C)
	9,104,167	g	THUNDERBOLT AIRCRAFT LEASE Ltd			4.212		05/17/32		9,350,872
			Series - 2017 A (Class A)

200

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	2,367,264	g	Vericrest Opportunity Loan Tra			3.250	%	04/25/59	$	2,371,325
			Series - 2017 NPL7 (Class A1)
	3,500,000	g	Vericrest Opportunity Loan Tra			5.375		04/25/59		3,499,851
			Series - 2017 NPL7 (Class A2)
	2,000,000	g	VOLT LIX LLC			5.375		05/25/47		2,013,041
			Series - 2017 NPL6 (Class A2)
	2,759,866	g	VOLT LVII LLC			3.375		04/25/47		2,770,742
			Series - 2017 NPL4 (Class A1)
	274,521	g	Wachovia Amortization Controlled Heloc NIM			5.683		08/12/47		272,147
			Series - 2006 N1 (Class N1)
	33,356	g,i	Wachovia Loan Trust	LIBOR 1 M + 0.360%		1.912		05/25/35		33,217
			Series - 2005 SD1 (Class A)
	11,730,000	g	Wendys Funding LLC			3.371		06/15/45		11,761,436
			Series - 2015 1A (Class A2I)
	9,000,000	g,h	Wendys Funding LLC			3.573		03/15/48		8,997,192
			Series - 2018 1A (Class A2I)
	8,000,000	g,h	Wendys Funding LLC			3.884		03/15/48		8,005,624
			Series - 2018 1A (Class A2II)
			TOTAL ASSET BACKED							329,278,587
OTHER MORTGAGE BACKED - 6.2%
	1,899,665	i	Adjustable Rate Mortgage Trust	LIBOR 1 M + 1.050%		2.379		05/25/35		1,838,450
			Series - 2005 1 (Class 5M1)
	2,537,017	i	American Home Mortgage Investment Trust	LIBOR 6 M + 1.500%		3.073		10/25/34		2,510,103
			Series - 2004 3 (Class 4A)
	556,021	i	Banc of America Commercial Mortgage Trust			5.724		05/10/45		555,239
			Series - 2006 2 (Class C)
	10,000,000		Banc of America Commercial Mortgage Trust			3.019		07/15/49		10,020,428
			Series - 2016 UB10 (Class ASB)
	1,340,000	g,i	Banc of America Commercial Mortgage Trust			5.859		02/10/51		1,345,822
			Series - 2007 4 (Class E)
	7,500,000	i	Banc of America Commercial Mortgage Trust			5.944		02/10/51		7,641,142
			Series - 2007 5 (Class AJ)
	1,965,000	g,i	Banc of America Commercial Mortgage Trust			6.000		02/10/51		1,973,538
			Series - 2007 4 (Class D)
	6,000,000	g,i	Banc of America Commercial Mortgage Trust			6.038		02/10/51		5,986,794
			Series - 2007 5 (Class B)
	4,524,442	†,g,i,m	Bayview Opportunity Master Fund IVb Trust	LIBOR 1 M + 2.150%		3.714		10/25/28		4,554,032
			Series - 2017 CRT1 (Class M)
	4,500,000		CD Mortgage Trust			2.622		08/10/49		4,444,770
			Series - 2016 CD1 (Class ASB)
	329,351		Citicorp Mortgage Securities, Inc			5.500		07/25/35		319,953
			Series - 2005 4 (Class 1A7)
	10,000,000		Citigroup Commercial Mortgage Trust			3.003		05/10/49		10,068,792
			Series - 2016 C1 (Class AAB)
	9,773,225	i	COBALT CMBS Commercial Mortgage Trust			5.839		05/15/46		9,933,897
			Series - 2007 C3 (Class AJ)

201

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	9,044,000		COMM Mortgage Trust			2.972	%	10/10/49	$	9,077,771
			Series - 2016 COR1 (Class ASB)
	597,729		Countrywide Alternative Loan Trust			5.000		04/25/20		589,523
			Series - 2005 6CB (Class 2A1)
	789,498	i	Countrywide Alternative Loan Trust	LIBOR 1 M + 0.230%		1.731		07/20/35		771,720
			Series - 2005 24 (Class 4A1)
	829,724	i	Countrywide Home Loan Mortgage Pass Through Trust			3.484		11/20/34		845,213
			Series - 2004 HYB6 (Class A2)
	95,377		Countrywide Home Loan Mortgage Pass Through Trust			5.250		09/25/35		91,740
			Series - 2005 17 (Class 1A10)
	2,083,000	g,i	DBUBS Mortgage Trust			5.340		08/10/44		2,226,348
			Series - 2011 LC3A (Class B)
	4,186,707	g,i	Flagstar Mortgage Trust			3.500		03/25/47		4,238,224
			Series - 2017 1 (Class 1A5)
	5,240,376	i	GE Capital Commercial Mortgage Corp			5.731		11/10/45		5,344,073
			Series - 2005 C4 (Class AJ)
	801,980		GSR Mortgage Loan Trust			6.000		01/25/35		809,460
			Series - 2005 1F (Class 3A3)
	202,200	i	Impac CMB Trust	LIBOR 1 M + 0.660%		2.212		03/25/35		193,704
			Series - 2004 11 (Class 2A1)
	1,730,930	i	Impac CMB Trust	LIBOR 1 M + 0.250%		1.802		05/25/35		1,705,874
			Series - 0 4 (Class 1A1B)
	1,700,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			4.052		01/15/46		1,617,227
			Series - 2013 C13 (Class D)
	310,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.397		07/15/46		328,768
			Series - 2011 C4 (Class C)
	10,000,000		JP Morgan Chase Commercial Mortgage Securities Trust			2.713		08/15/49		9,888,071
			Series - 2016 JP2 (Class ASB)
	1,281,651	i	JP Morgan Mortgage Trust			3.579		11/25/33		1,304,529
			Series - 2006 A2 (Class 5A3)
	6,772,602	g,i	JP Morgan Mortgage Trust			3.500		01/25/47		6,864,080
			Series - 2017 1 (Class A3)
	9,174,082	g,i	JP Morgan Mortgage Trust			3.500		05/25/47		9,292,492
			Series - 2017 2 (Class A3)
	1,497,000	g,i	JPMBB Commercial Mortgage Securities Trust			3.364		09/15/47		925,646
			Series - 2014 C23 (Class E)
	1,000,000	i	JPMBB Commercial Mortgage Securities Trust			4.344		02/15/48		980,357
			Series - 2015 C27 (Class C)
	5,450,000		JPMBB Commercial Mortgage Securities Trust			3.227		10/15/48		5,515,478
			Series - 2015 C28 (Class A4)
	2,390,335	i	LB-UBS Commercial Mortgage Trust			5.541		03/15/39		2,416,189
			Series - 2006 C3 (Class C)
	620,124	i	LB-UBS Commercial Mortgage Trust			5.563		02/15/40		620,538
			Series - 2007 C1 (Class D)
	830,776		Lehman Mortgage Trust			5.500		11/25/35		777,978
			Series - 2005 1 (Class 2A4)
	3,040,815	†,g,i	LVII Resecuritization Trust	LIBOR 1 M + 2.800%		4.042		07/25/47		3,046,517
			Series - 2015 A (Class A)

202

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	4,538,553	i	ML-CFC Commercial Mortgage Trust			5.526	%	03/12/51	$	4,589,648
			Series - 2007 6 (Class AM)
	5,000,000		Morgan Stanley Bank of America Merrill Lynch Trust			3.249		02/15/48		5,067,035
			Series - 2015 C20 (Class A4)
	925,000		Morgan Stanley Bank of America Merrill Lynch Trust			4.160		02/15/48		932,397
			Series - 2015 C20 (Class B)
	3,149,500	i	Morgan Stanley Capital I Trust	LIBOR 1 M + 0.705%		2.257		02/25/35		3,092,821
			Series - 2005 WMC2 (Class M3)
	1,873,601	i	Morgan Stanley Capital I Trust			5.389		11/12/41		1,875,035
			Series - 2006 HQ10 (Class AJ)
	4,817,543	i	Morgan Stanley Capital I Trust			5.995		06/11/49		4,824,842
			Series - 2007 IQ15 (Class AJ)
	10,000,000		Morgan Stanley Capital I Trust			2.606		08/15/49		9,807,605
			Series - 2016 UB11 (Class ASB)
	3,878,504	i	Morgan Stanley Capital I Trust			6.169		12/12/49		3,490,654
			Series - 2007 IQ16 (Class AJFX)
	10,000,000	g	MSSG Trust			3.690		09/13/39		10,111,398
			Series - 2017 237P (Class B)
	1,908,937	i	Option One Mortgage Loan Trust	LIBOR 1 M + 0.795%		2.347		05/25/34		1,860,260
			Series - 2004 2 (Class M1)
	4,559,714	g,i	Sequoia Mortgage Trust			3.500		02/25/47		4,624,384
			Series - 2017 1 (Class A4)
	13,996,832	g,i	Sequoia Mortgage Trust			3.500		04/25/47		14,185,902
			Series - 2017 3 (Class A4)
	13,728,812	g,i	Sequoia Mortgage Trust			3.500		08/25/47		13,923,486
			Series - 2017 5 (Class A4)
	4,618,528	g,i	Shellpoint Co-Originator Trust			3.500		04/25/47		4,666,441
			Series - 2017 1 (Class A4)
	949,747	i	Structured Adjustable Rate Mortgage Loan Trust	LIBOR 1 M + 0.340%		1.892		08/25/35		941,417
			Series - 2005 16XS (Class A1)
	273,108	g,i	Terwin Mortgage Trust	LIBOR 1 M + 0.780%		2.332		03/25/35		271,277
			Series - 2005 3SL (Class M1)
	6,728,588	g	VOLT LXII LLC			3.125		09/25/47		6,724,425
			Series - 2017 NPL9 (Class A1)
	255,472	i	Wachovia Bank Commercial Mortgage Trust			5.413		12/15/43		260,592
			Series - 2007 C30 (Class AJ)
	3,225,380	i	Wachovia Bank Commercial Mortgage Trust			5.825		07/15/45		3,239,657
			Series - 2006 C27 (Class AJ)
	5,995,292	i	Wachovia Bank Commercial Mortgage Trust			6.084		05/15/46		6,147,763
			Series - 2007 C34 (Class AJ)
	100,000	i	Wachovia Bank Commercial Mortgage Trust			6.159		05/15/46		102,443
			Series - 2007 C34 (Class C)
	3,000,000	i	Wachovia Bank Commercial Mortgage Trust			6.214		05/15/46		3,074,795
			Series - 2007 C34 (Class B)
	7,792,456	i	Wachovia Bank Commercial Mortgage Trust			5.660		04/15/47		7,911,602
			Series - 2007 C31 (Class AJ)

203

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	2,117,752	i	Wachovia Bank Commercial Mortgage Trust		5.783	%	06/15/49	$	2,138,951
			Series - 2007 C32 (Class AJ)
	9,000,000	i	Wachovia Bank Commercial Mortgage Trust		5.783		06/15/49		5,396,220
			Series - 2007 C32 (Class B)
	20,877	i	Wachovia Bank Commercial Mortgage Trust		6.011		02/15/51		20,848
			Series - 2007 C33 (Class AM)
	9,027,000		WFRBS Commercial Mortgage Trust		3.607		11/15/47		9,350,090
			Series - 2014 C24 (Class A5)
			TOTAL OTHER MORTGAGE BACKED						259,296,468
			TOTAL STRUCTURED ASSETS						588,575,055
			(Cost $592,669,126)
			TOTAL BONDS						3,995,643,629
			(Cost $3,980,797,924)
SHARES			COMPANY
COMMON STOCKS - 0.1%
ENERGY - 0.1%
	39,533	*	Gulfmark Offshore, Inc						1,126,295
	24,259	*,m	Gulfmark Offshore, Inc						691,139
	31,813	*	Peabody Energy Corp						1,252,478
			TOTAL ENERGY						3,069,912
			TOTAL COMMON STOCKS						3,069,912
			(Cost $1,766,244)
PREFERRED STOCKS - 0.0%
ENERGY - 0.0%
	3,711	*	Peabody Energy Corp						294,579
			TOTAL ENERGY						294,579
			TOTAL PREFERRED STOCKS						294,579
			(Cost $97,155)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	9,625	m	Gulfmark Offshore, Inc						274,120
	3,352	m	Gulfmark Offshore, Inc						95,465
			TOTAL ENERGY						369,585
			TOTAL RIGHTS / WARRANTS						369,585
			(Cost $270,181)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 1.3%
TREASURY DEBT - 1.3%
EGP	67,700,000	j	Egypt Treasury Bills		0.000		08/21/18		3,412,815
NGN	1,700,000,000	j	Nigeria Treasury Bill		0.000		07/05/18		4,373,486
$	3,230,000		United States Treasury Bill		1.136		01/11/18		3,229,049

204

TIAA-CREF FUNDS - Bond Plus Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	13,000,000	United States Treasury Bill		1.121	%	01/18/18	$	12,992,843
	18,500,000	United States Treasury Bill		1.278		03/01/18		18,462,072
	11,800,000	United States Treasury Bill		1.412		03/29/18		11,761,417
		TOTAL TREASURY DEBT						54,231,682
		TOTAL SHORT-TERM INVESTMENTS						54,231,682
		(Cost $54,035,443)
		TOTAL INVESTMENTS - 99.7%						4,192,438,024
		(Cost $4,176,369,887)
		OTHER ASSETS & LIABILITIES, NET - 0.3%						12,145,006
		NET ASSETS - 100.0%					$	4,204,583,030

	Abbreviation(s):
BRL	Brazilian real
DGS5	5-Year Treasury Constant Maturity Rate
EGP	Egyptian pound
ICE	Intercontinental Exchange
JPY	Japanese yen
LIBOR	London Interbank Offered Rate
M	Month
MXN	Mexican peso
NGN	Nigerian naira
REIT	Real Estate Investment Trust
TRY	Turkish lira
USD	United States Dollar
UYU	Uruguayan peso
Y	Year
ZAR	South African rand

*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $776,063,048 or 18.5% of net assets.
h	All or a portion of these securities were purchased on a delayed delivery basis.
i	Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.
j	Zero coupon
m	Indicates a security that has been deemed illiquid.
o	Payment in Kind Bond
w	All or a portion of these securities have been segregated to cover collateral requirements on mortgage dollar rolls.

Bilateral cross currency swap contracts outstanding as of December 31, 2017 were as follows (see Note 3):

Reference entity	Terms of payments to be paid	Terms of payments to be received	Counterparty	Maturity date	Notional amount			Value	Upfront receipts (payments)	Unrealized appreciation (depreciation)
USD		Fixed semi-annual 1.94%	JP Morgan Chase Bank, N.A.	4/15/19		USD	20,664,870	$194,712	$(132,400)	$327,112
JPY	Fixed semi-annual 0.10%	—				JPY	2,300,000,000	—		—

	Abbreviation(s):
JPY	Japanese yen
USD	United States Dollar

205

TIAA-CREF FUNDS - High-Yield Fund

TIAA-CREF FUNDS

HIGH-YIELD FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
BANK LOAN OBLIGATIONS - 7.5%
AUTOMOBILES & COMPONENTS - 0.2%
$	8,633,326	i	Gates Global LLC	LIBOR 3 M + 3.000%		4.690	%	04/01/24	$	8,675,284
			TOTAL AUTOMOBILES & COMPONENTS							8,675,284
CAPITAL GOODS - 0.0%
	1,662,438	i	Proampac PG Borrower LLC	LIBOR 1 and 3 M + 3.500%		4.910		11/20/23		1,674,390
			TOTAL CAPITAL GOODS							1,674,390
COMMERCIAL & PROFESSIONAL SERVICES - 0.8%
	10,061,444	i	ProQuest LLC	LIBOR 1 M + 3.750%		5.319		10/24/21		10,180,973
	16,388,390	i	Spin Holdco, Inc	LIBOR 2 M + 3.750%		5.147		11/14/22		16,503,109
	745,208	i	WASH Multifamily Laundry Systems LLC	LIBOR 1 M + 7.000%		8.179		05/15/23		737,756
	4,254,792	i	WASH Multifamily Laundry Systems LLC	LIBOR 1 M + 7.000%		8.570		05/15/23		4,212,244
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES							31,634,082
CONSUMER DURABLES & APPAREL - 0.2%
	11,106,034	i	Academy Ltd	LIBOR 1 and 3 M + 4.000%		5.546		07/01/22		8,715,460
			TOTAL CONSUMER DURABLES & APPAREL							8,715,460
CONSUMER SERVICES - 1.2%
	12,248,923	i	Allied Universal Holdco LLC	LIBOR 3 M + 3.750%		5.440		07/28/22		12,141,745
	462,640	i	Boyd Gaming Corp	LIBOR 1 W + 2.500%		3.980		09/15/23		464,953
	13,275,000	i	CDS US Intermediate Holdings, Inc	LIBOR 3 M + 8.250%		9.940		07/10/23		13,059,281
	9,875,000	i	KinderCare Education LLC	LIBOR 3 M + 3.750%		5.443		08/12/22		9,887,344
	8,800,000	i	KUEHG Corp	LIBOR 3 M + 8.250%		9.940		08/22/25		8,844,000
	3,715,688	i	Scientific Games International, Inc	LIBOR 1 and 2 M + 3.250%		4.820		08/14/24		3,743,555
			TOTAL CONSUMER SERVICES							48,140,878
DIVERSIFIED FINANCIALS - 0.1%
	2,169,563	i	Canyon Valor Cos, Inc	LIBOR 3 M + 4.250%		5.940		06/16/23		2,192,169
			TOTAL DIVERSIFIED FINANCIALS							2,192,169
ENERGY - 0.4%
	10,845,000	i	California Resources Corp	LIBOR 1 M + 10.375%		11.876		12/31/21		11,888,831
	4,887,500	i	Petrochoice Holdings, Inc	LIBOR 2 M + 5.000%		6.420		08/21/22		4,911,937
			TOTAL ENERGY							16,800,768
FOOD & STAPLES RETAILING - 0.3%
	2,000,000	i	Rite Aid Corp	LIBOR 1 W + 4.750%		6.240		08/21/20		2,005,840
	11,000,000	i	Rite Aid Corp	LIBOR 1 W + 3.875%		5.365		06/21/21		11,013,750
			TOTAL FOOD & STAPLES RETAILING							13,019,590
FOOD, BEVERAGE & TOBACCO - 0.1%
	5,650,000	i	Utz Quality Foods LLC	LIBOR 1 M + 3.500%		5.010		11/21/24		5,688,872
			TOTAL FOOD, BEVERAGE & TOBACCO							5,688,872

206

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
HEALTH CARE EQUIPMENT & SERVICES - 0.2%
$	9,722,896	i	Greatbatch Ltd	LIBOR 1 M + 3.250%		4.660	%	10/27/22	$	9,791,248
			TOTAL HEALTH CARE EQUIPMENT & SERVICES							9,791,248
INSURANCE - 0.5%
	12,513,625	i	Acrisure LLC	LIBOR 2 M + 4.250%		5.647		11/22/23		12,623,119
	5,475,000	i	Asurion LLC	LIBOR 1 M + 6.000%		7.570		08/04/25		5,620,416
			TOTAL INSURANCE							18,243,535
MATERIALS - 0.6%
	7,210,926	i	Plaze, Inc	LIBOR 3 M + 3.500%		5.190		07/29/22		7,258,230
	12,000,000	i	Solenis International LP	LIBOR 3 M + 6.750%		8.229		07/29/22		11,439,960
	1,556,977	i	Tronox Blocked Borrower LLC	LIBOR 3 M + 3.000%		4.690		09/23/24		1,565,867
	3,593,023	i	Tronox Finance LLC	LIBOR 3 M + 3.000%		4.690		09/23/24		3,613,539
			TOTAL MATERIALS							23,877,596
MEDIA - 0.2%
	6,405,715	i	Time, Inc	LIBOR 1 M + 3.500%		5.069		10/11/24		6,409,750
			TOTAL MEDIA							6,409,750
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.4%
	9,276,750	i	Alphabet Holding Co, Inc	LIBOR 1 M + 3.500%		5.070		09/26/24		8,963,660
	1,221,938	i	PAREXEL International Corp	LIBOR 1 M + 3.000%		4.570		09/27/24		1,226,776
	4,330,930	i	Vizient, Inc	LIBOR 1 M + 3.500%		5.070		02/13/23		4,343,923
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES							14,534,359
REAL ESTATE - 0.5%
	14,715,041	i	DTZ US Borrower LLC	LIBOR 1 and 3 M + 3.250%		4.708		11/04/21		14,510,060
	1,502,128	i	DTZ US Borrower LLC	LIBOR 3 M + 8.250%		9.630		11/04/22		1,498,372
	5,432,594	i	Road Infrastructure Investment LLC	LIBOR 1 M + 3.500%		5.050		06/13/23		5,441,069
			TOTAL REAL ESTATE							21,449,501
RETAILING - 1.0%
	9,975,000	i	Bass Pro Group LLC	LIBOR 1 M + 5.000%		6.570		09/25/24		9,937,594
	5,000,000		Men’s Wearhouse, Inc			4.785		06/18/21		4,950,000
	4,986,262	i	Men’s Wearhouse, Inc	LIBOR 1 and 3 M + 3.500%		4.880		06/18/21		4,983,171
	10,650,000		Sally Holdings LLC			4.500		07/05/24		10,623,375
	8,000,000	i	Staples, Inc	LIBOR 2 M + 4.000%		5.490		09/12/24		7,836,000
			TOTAL RETAILING							38,330,140
SOFTWARE & SERVICES - 0.1%
	4,974,811	i	DTI Holdco, Inc	LIBOR 3 M + 5.250%		6.630		09/30/23		4,956,156
			TOTAL SOFTWARE & SERVICES							4,956,156
UTILITIES - 0.7%
	3,650,000	i	ExGen Renewables IV LLC	LIBOR 3 M + 3.000%		4.468		11/28/24		3,686,500
	9,925,031	i	Talen Energy Supply LLC	LIBOR 1 M + 4.000%		5.570		07/14/23		9,984,978
	13,414,500	i	Vistra Operations Co LLC	LIBOR 1 and 3 M + 2.750%		4.203		12/14/23		13,505,584
			TOTAL UTILITIES							27,177,062
			TOTAL BANK LOAN OBLIGATIONS							301,310,840
			(Cost $301,885,244)

207

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
BONDS - 86.0%
CORPORATE BONDS - 86.0%
AUTOMOBILES & COMPONENTS - 1.3%
$	2,350,000	g	Adient Global Holdings Ltd			4.875	%	08/15/26	$	2,414,625
	3,600,000	g	Allison Transmission, Inc			5.000		10/01/24		3,712,500
	600,000	g	Allison Transmission, Inc			4.750		10/01/27		603,750
	5,700,000	g	Dana Financing Luxembourg Sarl			5.750		04/15/25		6,006,375
	7,500,000	g	Dana Financing Luxembourg Sarl			6.500		06/01/26		8,128,125
	11,171,000	g	Gates Global LLC			6.000		07/15/22		11,422,347
	2,875,000		Goodyear Tire & Rubber Co			5.000		05/31/26		2,964,413
	1,500,000		Goodyear Tire & Rubber Co			4.875		03/15/27		1,535,625
	1,100,000	g,o	IHO Verwaltungs GmbH			4.125		09/15/21		1,119,250
	1,100,000	g,o	IHO Verwaltungs GmbH			4.500		09/15/23		1,121,318
	1,100,000	g,o	IHO Verwaltungs GmbH			4.750		09/15/26		1,116,500
	7,550,000	g	Schaeffler Finance BV			4.750		05/15/23		7,701,000
	3,000,000		Tenneco, Inc			5.000		07/15/26		3,075,000
	450,000	g	ZF North America Capital, Inc			4.500		04/29/22		472,500
	980,000	g	ZF North America Capital, Inc			4.750		04/29/25		1,037,575
			TOTAL AUTOMOBILES & COMPONENTS							52,430,903
BANKS - 1.2%
	9,500,000		Citigroup, Inc			6.125		12/30/49		10,105,625
	3,700,000	i	ING Groep NV	USD SWAP SEMI 30/360 5 Y + 4.445%		6.000		12/30/49		3,835,050
	2,600,000		JPMorgan Chase & Co			7.900		12/30/49		2,632,500
	4,750,000	g	Lloyds Banking Group plc			6.657		12/30/49		5,557,500
	7,500,000	g,i	Nordea Bank AB	USD ICE SWAP 11:00 NY 5 Y + 3.563%		5.500		12/30/49		7,696,875
	6,250,000		Royal Bank of Scotland Group plc			6.125		12/15/22		6,849,613
	2,250,000		Royal Bank of Scotland Group plc			6.100		06/10/23		2,477,263
	5,500,000		Royal Bank of Scotland Group plc			6.000		12/19/23		6,068,379
	4,275,000	i	Royal Bank of Scotland Group plc	USD SWAP SEMI 30/360 5 Y + 7.598%		8.625		12/30/49		4,814,719
			TOTAL BANKS							50,037,524
CAPITAL GOODS - 2.2%
	3,000,000		Anixter, Inc			5.125		10/01/21		3,157,500
	2,500,000		Anixter, Inc			5.500		03/01/23		2,691,375
	13,200,000	g	Beacon Escrow Corp			4.875		11/01/25		13,249,500
	13,475,000	g	Cleaver-Brooks, Inc			7.875		03/01/23		13,811,875
	10,015,000	g	Cloud Crane LLC			10.125		08/01/24		11,291,912
	3,100,000		Manitowoc Foodservice, Inc			9.500		02/15/24		3,530,125
	7,350,000		Orbital ATK, Inc			5.500		10/01/23		7,754,250
	4,150,000	g	SPX FLOW, Inc			5.625		08/15/24		4,367,875
	4,150,000	g	SPX FLOW, Inc			5.875		08/15/26		4,399,000

208

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	13,130,000	g	Stena AB		7.000	%	02/01/24	$	12,333,994
	5,000,000		TransDigm, Inc		6.000		07/15/22		5,112,500
	5,000,000		TransDigm, Inc		6.500		07/15/24		5,125,000
	2,375,000		TransDigm, Inc		6.500		05/15/25		2,428,438
			TOTAL CAPITAL GOODS						89,253,344
COMMERCIAL & PROFESSIONAL SERVICES - 4.7%
	2,500,000		AECOM		5.750		10/15/22		2,606,250
	6,250,000		AECOM		5.875		10/15/24		6,770,000
	11,500,000		AECOM		5.125		03/15/27		11,714,475
	13,500,000	g	Arch Merger Sub, Inc		8.500		09/15/25		12,487,500
	3,325,000	g	Ashtead Capital, Inc		4.125		08/15/25		3,358,250
	3,325,000	g	Ashtead Capital, Inc		4.375		08/15/27		3,374,875
	1,532,000		Clean Harbors, Inc		5.250		08/01/20		1,554,980
	7,925,000		Clean Harbors, Inc		5.125		06/01/21		8,004,250
	15,500,000	g	H&E Equipment Services, Inc		5.625		09/01/25		16,197,500
	9,699,000	g	Herc Rentals, Inc		7.500		06/01/22		10,450,673
	9,528,000	g	Herc Rentals, Inc		7.750		06/01/24		10,456,980
	1,000,000	g	IHS Markit Ltd		4.750		02/15/25		1,055,000
	8,675,000	g	Iron Mountain, Inc		4.875		09/15/27		8,675,000
	5,000,000	g	KAR Auction Services, Inc		5.125		06/01/25		5,125,000
	3,699,378	†,g,o	Neovia Logistics Intermediate Holdings LLC		10.000		04/01/20		1,553,739
	2,000,000	g	Ritchie Bros Auctioneers, Inc		5.375		01/15/25		2,065,000
	7,825,000		RR Donnelley & Sons Co		7.875		03/15/21		8,138,000
	127,000		RR Donnelley & Sons Co		7.000		02/15/22		131,127
	8,650,000		RR Donnelley & Sons Co		6.500		11/15/23		8,347,250
	5,000,000	g	SPL Logistics Escrow LLC		8.875		08/01/20		4,050,000
	16,425,000		United Rentals North America, Inc		5.500		07/15/25		17,410,500
	6,675,000		United Rentals North America, Inc		4.625		10/15/25		6,725,063
	1,175,000		United Rentals North America, Inc		5.875		09/15/26		1,257,250
	1,500,000		United Rentals North America, Inc		5.500		05/15/27		1,578,750
	17,600,000		United Rentals North America, Inc		4.875		01/15/28		17,688,000
	11,000,000	g	XPO Logistics, Inc		6.500		06/15/22		11,481,250
	8,325,000	g	XPO Logistics, Inc		6.125		09/01/23		8,803,688
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						191,060,350
CONSUMER DURABLES & APPAREL - 2.1%
	2,125,000	g	Hanesbrands, Inc		4.625		05/15/24		2,167,500
	3,000,000	g	Hanesbrands, Inc		4.875		05/15/26		3,075,000
	4,675,000		KB Home		4.750		05/15/19		4,756,812
	5,575,000		KB Home		7.000		12/15/21		6,188,250
	1,900,000		KB Home		7.625		05/15/23		2,175,500
	14,500,000		Lennar Corp		4.750		04/01/21		15,080,000
	5,600,000		Lennar Corp		4.125		01/15/22		5,712,000
	16,000,000		Lennar Corp		4.500		04/30/24		16,404,800
	3,800,000	g	Mattel, Inc		6.750		12/31/25		3,851,110
	1,500,000		PulteGroup, Inc		4.250		03/01/21		1,545,000
	3,000,000		PulteGroup, Inc		5.500		03/01/26		3,262,500
	5,000,000		PulteGroup, Inc		5.000		01/15/27		5,225,000
	1,800,000		Standard Pacific Corp		8.375		01/15/21		2,074,500
	13,150,000		Standard Pacific Corp		5.875		11/15/24		14,616,883
			TOTAL CONSUMER DURABLES & APPAREL						86,134,855

209

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
CONSUMER SERVICES - 7.7%
$	8,125,000	g	1011778 BC ULC / New Red Finance Inc			4.250	%	05/15/24	$	8,104,688
	15,000,000	g	1011778 BC ULC / New Red Finance Inc			5.000		10/15/25		15,112,500
	6,351,000		ADT Corp			6.250		10/15/21		6,954,345
	7,575,000		ADT Corp			3.500		07/15/22		7,461,375
	8,350,000	g	Aramark Services, Inc			5.000		04/01/25		8,820,105
	4,000,000		Boyd Gaming Corp			6.375		04/01/26		4,310,000
	2,800,000	g	CEDAR FAIR			5.375		04/15/27		2,940,000
	6,000,000	g	Cott Holdings, Inc			5.500		04/01/25		6,172,500
	1,750,000		GLP Capital LP			4.375		04/15/21		1,798,125
	1,000,000		GLP Capital LP			5.375		04/15/26		1,072,500
	3,000,000		Hilton Domestic Operating Co, Inc			4.250		09/01/24		3,030,000
	13,500,000		Hilton Worldwide Finance LLC			4.625		04/01/25		13,871,250
	7,325,000	g	International Game Technology			5.625		02/15/20		7,627,156
	8,035,000	g	International Game Technology			6.250		02/15/22		8,657,712
	14,785,000	g	International Game Technology			6.500		02/15/25		16,522,237
	3,600,000	g	KFC Holding Co			4.750		06/01/27		3,681,000
	2,500,000	g	Live Nation Entertainment, Inc			4.875		11/01/24		2,562,500
	2,000,000		MGM Resorts International			5.250		03/31/20		2,070,000
	4,250,000		MGM Resorts International			6.750		10/01/20		4,590,000
	11,250,000		MGM Resorts International			6.000		03/15/23		12,150,000
	9,500,000	g	Penn National Gaming, Inc			5.625		01/15/27		9,856,250
	13,700,000		Pinnacle Entertainment, Inc			5.625		05/01/24		14,659,000
	55,225,000	g	Prime Security Services Borrower LLC			9.250		05/15/23		61,299,750
	4,000,000		Scientific Games International, Inc			6.250		09/01/20		4,045,000
	14,500,000	g	Scientific Games International, Inc			7.000		01/01/22		15,279,375
	16,000,000		Scientific Games International, Inc			10.000		12/01/22		17,560,000
	8,750,000	g	ServiceMaster Co LLC			5.125		11/15/24		8,859,375
	22,500,000	g	Six Flags Entertainment Corp			4.875		07/31/24		22,837,500
	4,665,000		Speedway Motorsports, Inc			5.125		02/01/23		4,816,613
	13,000,000	g	Wynn Las Vegas LLC			5.500		03/01/25		13,390,000
			TOTAL CONSUMER SERVICES							310,110,856
DIVERSIFIED FINANCIALS - 5.4%
	4,750,000		Aircastle Ltd			5.000		04/01/23		5,005,312
	6,200,000		Aircastle Ltd			4.125		05/01/24		6,293,000
	5,000,000		Ally Financial, Inc			3.250		02/13/18		5,002,500
	6,000,000		Ally Financial, Inc			4.750		09/10/18		6,075,000
	5,000,000		Ally Financial, Inc			4.125		02/13/22		5,111,500
	5,000,000		CIT Group, Inc			3.875		02/19/19		5,050,000
	4,750,000		CIT Group, Inc			5.000		08/01/23		5,058,750
	5,600,000	g,i	Credit Suisse Group AG.	USD SWAP SEMI 30/360 5 Y + 3.455%		6.250		12/30/49		6,062,330
	831,000		General Motors Acceptance Corp LLC			8.000		11/01/31		1,078,222
	10,000,000		GMAC, Inc			8.000		11/01/31		13,000,000
	6,750,000		Icahn Enterprises LP			6.000		08/01/20		6,941,869
	11,425,000		Icahn Enterprises LP			5.875		02/01/22		11,567,813
	5,200,000		Icahn Enterprises LP			6.250		02/01/22		5,317,000
	16,000,000	g	Icahn Enterprises LP			6.250		02/01/22		16,360,000
	6,500,000		Icahn Enterprises LP			6.750		02/01/24		6,678,750
	3,600,000		International Lease Finance Corp			8.250		12/15/20		4,134,854

210

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	2,000,000		International Lease Finance Corp		4.625	%	04/15/21	$	2,105,230
	3,550,000	g	Lincoln Finance Ltd		7.375		04/15/21		3,700,875
	5,500,000	g	MSCI, Inc		4.750		08/01/26		5,775,000
	11,325,000		Navient Corp		5.500		01/15/19		11,523,188
	13,100,000		Navient Corp		4.875		06/17/19		13,321,390
	8,330,000		Navient Corp		6.625		07/26/21		8,788,150
	9,500,000		Navient Corp		7.250		09/25/23		10,117,500
	8,000,000		Navient Corp		6.125		03/25/24		8,100,000
	1,025,000	g	Park Aerospace Holdings Ltd		5.250		08/15/22		1,018,594
	12,500,000	g	Park Aerospace Holdings Ltd		4.500		03/15/23		11,937,500
	3,975,000	g	Park Aerospace Holdings Ltd		5.500		02/15/24		3,945,188
	27,850,000	g	Quicken Loans, Inc		5.250		01/15/28		27,493,520
			TOTAL DIVERSIFIED FINANCIALS						216,563,035
ENERGY - 14.1%
	5,925,000		AmeriGas Partners LP		5.625		05/20/24		6,162,000
	14,500,000		AmeriGas Partners LP		5.500		05/20/25		14,645,000
	6,375,000		AmeriGas Partners LP		5.875		08/20/26		6,566,250
	9,500,000		AmeriGas Partners LP		5.750		05/20/27		9,595,000
	2,000,000		Ashland, Inc		6.875		05/15/43		2,220,000
	2,183,000		California Resources Corp		5.500		09/15/21		1,964,700
	5,180,000	g	California Resources Corp		8.000		12/15/22		4,273,500
	4,151,000	†	California Resources Corp		6.000		11/15/24		2,884,945
	8,565,000		Calumet Specialty Products Partners LP		6.500		04/15/21		8,522,175
	4,585,000		Calumet Specialty Products Partners LP		7.625		01/15/22		4,590,731
	8,600,000		Calumet Specialty Products Partners LP		7.750		04/15/23		8,643,000
	1,400,000		Cheniere Corpus Christi Holdings LLC		7.000		06/30/24		1,593,375
	12,185,000		Cheniere Corpus Christi Holdings LLC		5.875		03/31/25		13,205,494
	10,878,000		Cloud Peak Energy Resources LLC		12.000		11/01/21		11,721,045
	11,500,000		Continental Resources, Inc		5.000		09/15/22		11,672,500
	21,425,000	g	Continental Resources, Inc		4.375		01/15/28		21,150,760
	4,945,000		Crestwood Midstream Partners LP		6.250		04/01/23		5,138,844
	11,050,000		Crestwood Midstream Partners LP		5.750		04/01/25		11,409,125
	1,800,000	g	Denbury Resources, Inc		9.000		05/15/21		1,838,250
	4,750,000		Denbury Resources, Inc		5.500		05/01/22		3,247,812
	10,000,000		Diamond Offshore Drilling, Inc		7.875		08/15/25		10,500,000
	5,000,000		Dynegy, Inc		7.375		11/01/22		5,275,000
	5,000,000		Dynegy, Inc		7.625		11/01/24		5,362,500
	6,925,000	g	Dynegy, Inc		8.000		01/15/25		7,496,312
	2,100,000		EP Energy LLC		9.375		05/01/20		1,774,500
	6,030,000	†	EP Energy LLC		7.750		09/01/22		3,361,725
	7,400,000	†	EP Energy LLC		6.375		06/15/23		3,996,000
	16,900,000		Exterran Partners LP		6.000		04/01/21		16,900,000
	9,250,000		Exterran Partners LP		6.000		10/01/22		9,250,000
	5,405,000		Ferrellgas Partners LP		6.500		05/01/21		5,060,431
	1,725,000		Ferrellgas Partners LP		6.750		01/15/22		1,595,625
	2,750,000		Ferrellgas Partners LP		6.750		06/15/23		2,523,125
	17,900,000		Genesis Energy LP		6.500		10/01/25		18,168,500
	22,500,000		Genesis Energy LP		6.250		05/15/26		22,415,625
	31,175,000	g	Hess Infrastructure Partners LP		5.625		02/15/26		32,188,188
	6,875,000		Murphy Oil Corp		6.875		08/15/24		7,339,062
	19,800,000		Murphy Oil Corp		5.750		08/15/25		20,245,500
	2,500,000		Murphy Oil USA, Inc		6.000		08/15/23		2,606,250

211

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,650,000		Murphy Oil USA, Inc		5.625	%	05/01/27	$	1,732,830
	3,000,000		Newfield Exploration Co		5.750		01/30/22		3,202,500
	3,600,000		Newfield Exploration Co		5.375		01/01/26		3,807,000
	1,500,000	g	NGPL PipeCo LLC		4.375		08/15/22		1,525,312
	950,000	g	NGPL PipeCo LLC		4.875		08/15/27		985,625
	11,900,000		Oasis Petroleum, Inc		6.875		03/15/22		12,212,375
	1,845,000		Oasis Petroleum, Inc		6.875		01/15/23		1,886,512
	4,800,000	m	Peabody Energy Corp		6.000		11/15/18		0
	5,500,000	g,m	Peabody Energy Corp		6.500		09/15/20		0
	9,500,000	m	Peabody Energy Corp		6.250		11/15/21		0
	4,750,000	m	Peabody Energy Corp		10.000		03/15/22		0
	2,562,000		Precision Drilling Corp		5.250		11/15/24		2,414,685
	2,850,000	g	Precision Drilling Corp		7.125		01/15/26		2,907,000
	5,000,000		QEP Resources, Inc		5.375		10/01/22		5,112,500
	22,825,000		Range Resources Corp		5.750		06/01/21		23,680,938
	1,900,000		Range Resources Corp		5.000		08/15/22		1,890,500
	2,375,000		Range Resources Corp		4.875		05/15/25		2,291,875
	9,000,000		SM Energy Co		6.500		11/15/21		9,112,500
	5,850,000		SM Energy Co		6.125		11/15/22		5,959,688
	5,795,000		SM Energy Co		6.500		01/01/23		5,910,900
	10,900,000		Southwestern Energy Co		4.100		03/15/22		10,736,500
	4,750,000		Southwestern Energy Co		6.700		01/23/25		4,934,063
	19,000,000		Southwestern Energy Co		7.500		04/01/26		20,187,500
	10,200,000		Suburban Propane Partners LP		5.750		03/01/25		10,072,500
	8,175,000		Suburban Propane Partners LP		5.875		03/01/27		7,991,063
	10,000,000		Sunoco LP		5.500		08/01/20		10,291,250
	4,000,000		Sunoco LP		6.250		04/15/21		4,158,000
	6,800,000		Sunoco LP		6.375		04/01/23		7,165,500
	9,825,000		Targa Resources Partners LP		5.125		02/01/25		10,058,344
	15,000,000	g	Targa Resources Partners LP		5.000		01/15/28		14,962,500
	4,350,000		Tesoro Corp		5.375		10/01/22		4,491,375
	9,500,000	g	Tesoro Corp		4.750		12/15/23		10,211,576
	745,000		Tesoro Logistics LP		6.250		10/15/22		790,423
	2,450,000		Tesoro Logistics LP		6.375		05/01/24		2,658,250
	5,600,000		Tesoro Logistics LP		5.250		01/15/25		5,889,520
	1,900,000		Transocean, Inc		5.800		10/15/22		1,871,500
	2,575,000	g	Transocean, Inc		7.500		01/15/26		2,636,929
	6,220,000		Transocean, Inc		6.800		03/15/38		5,014,875
	3,975,000	g	Whiting Petroleum Corp		6.625		01/15/26		4,054,500
	5,355,000		WPX Energy, Inc		7.500		08/01/20		5,796,788
	6,750,000		WPX Energy, Inc		6.000		01/15/22		7,053,750
	5,950,000		WPX Energy, Inc		8.250		08/01/23		6,753,250
			TOTAL ENERGY						569,515,545
FOOD & STAPLES RETAILING - 1.4%
	8,500,000		Albertsons Cos LLC		6.625		06/15/24		8,117,500
	14,250,000		Albertsons Cos LLC		5.750		03/15/25		12,860,625
	30,685,000	†,g	Fresh Market, Inc		9.750		05/01/23		19,024,700
	17,960,000		Ingles Markets, Inc		5.750		06/15/23		18,184,500
			TOTAL FOOD & STAPLES RETAILING						58,187,325

212

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
FOOD, BEVERAGE & TOBACCO - 0.4%
$	2,120,000	g	Lamb Weston Holdings, Inc		4.625	%	11/01/24	$	2,183,600
	2,130,000	g	Lamb Weston Holdings, Inc		4.875		11/01/26		2,225,850
	4,750,000	g	Post Holdings, Inc		5.500		03/01/25		4,916,250
	3,150,000	g	Post Holdings, Inc		5.750		03/01/27		3,205,125
	2,500,000	g	Post Holdings, Inc		5.625		01/15/28		2,509,375
			TOTAL FOOD, BEVERAGE & TOBACCO						15,040,200
HEALTH CARE EQUIPMENT & SERVICES - 6.6%
	16,000,000	g	Change Healthcare Holdings LLC		5.750		03/01/25		16,000,000
	14,500,000		CHS/Community Health Systems		5.125		08/01/21		13,050,000
	11,875,000		CHS/Community Health Systems		6.250		03/31/23		10,687,500
	5,000,000		DaVita, Inc		5.125		07/15/24		5,050,000
	10,000,000		DaVita, Inc		5.000		05/01/25		9,997,000
	575,000		HCA Holdings, Inc		6.250		02/15/21		609,500
	10,000,000		HCA, Inc		6.500		02/15/20		10,600,000
	13,600,000		HCA, Inc		7.500		02/15/22		15,300,000
	1,800,000		HCA, Inc		5.875		03/15/22		1,926,000
	20,000,000		HCA, Inc		5.000		03/15/24		20,800,000
	13,350,000		HCA, Inc		5.375		02/01/25		13,817,250
	24,650,000		HCA, Inc		5.875		02/15/26		26,067,375
	5,500,000		HCA, Inc		4.500		02/15/27		5,527,500
	900,000		HCA, Inc		7.500		11/06/33		1,008,000
	6,550,000		HCA, Inc		5.500		06/15/47		6,533,625
	7,125,000		HealthSouth Corp		5.125		03/15/23		7,285,312
	4,625,000		HealthSouth Corp		5.750		11/01/24		4,734,844
	5,000,000		HealthSouth Corp		5.750		09/15/25		5,200,000
	8,925,000		LifePoint Health, Inc		5.875		12/01/23		9,014,250
	9,425,000		LifePoint Health, Inc		5.375		05/01/24		9,354,313
	8,075,000		LifePoint Hospitals, Inc		5.500		12/01/21		8,236,500
	14,000,000		MPT Operating Partnership LP		5.000		10/15/27		14,262,500
	14,125,000	g	New Amethyst Corp		6.250		12/01/24		14,548,750
	3,000,000		Tenet Healthcare Corp		6.750		02/01/20		3,030,000
	4,450,000		Tenet Healthcare Corp		6.000		10/01/20		4,704,985
	2,000,000		Tenet Healthcare Corp		8.125		04/01/22		2,035,000
	27,200,000	g	Tenet Healthcare Corp		4.625		07/15/24		26,520,000
	1,750,000		Tenet Healthcare Corp		6.875		11/15/31		1,435,000
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						267,335,204
HOUSEHOLD & PERSONAL PRODUCTS - 0.3%
	4,800,000	g	First Quality Finance Co, Inc		4.625		05/15/21		4,836,000
	5,675,000	g	First Quality Finance Co, Inc		5.000		07/01/25		5,788,500
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						10,624,500
INSURANCE - 0.0%
	900,000	g	AssuredPartners, Inc		7.000		08/15/25		895,500
			TOTAL INSURANCE						895,500
MATERIALS - 8.7%
	1,600,000	g	Alcoa Nederland Holding BV		6.750		09/30/24		1,744,000
	1,600,000	g	Alcoa Nederland Holding BV		7.000		09/30/26		1,796,000
	1,900,000		Alcoa, Inc		6.150		08/15/20		2,042,690

213

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	6,550,000		Alcoa, Inc		5.400	%	04/15/21	$	6,949,550
	4,750,000		Alcoa, Inc		5.125		10/01/24		5,069,832
	4,750,000		ArcelorMittal		6.000		03/01/21		5,130,000
	3,700,000		ArcelorMittal		7.500		10/15/39		4,736,000
	5,700,000		ArcelorMittal		7.250		03/01/41		7,210,500
	2,000,000	g	Belden, Inc		5.250		07/15/24		2,060,000
	4,750,000		Berry Plastics Corp		5.500		05/15/22		4,892,500
	17,025,000		Berry Plastics Corp		6.000		10/15/22		17,833,687
	1,900,000		Berry Plastics Corp		5.125		07/15/23		1,976,000
	20,000,000		Blue Cube Spinco, Inc		9.750		10/15/23		23,600,000
	11,400,000		Blue Cube Spinco, Inc		10.000		10/15/25		13,680,000
	10,425,000	g	Cemex SAB de C.V.		7.750		04/16/26		11,806,313
	2,000,000		Crown Americas LLC		4.500		01/15/23		2,030,000
	4,500,000	g	CVR Partners LP		9.250		06/15/23		4,843,125
	14,400,000	g	Eldorado Gold Corp		6.125		12/15/20		14,256,000
	7,050,000	g	Evolution Escrow Issuer LLC		7.500		03/15/22		7,367,250
	4,750,000	g	First Quantum Minerals Ltd		7.250		04/01/23		5,118,125
	4,750,000	g	First Quantum Minerals Ltd		7.500		04/01/25		5,153,750
	900,000	g	FMG Resources August 2006 Pty Ltd		9.750		03/01/22		995,850
	4,250,000	g	FMG Resources August 2006 Pty Ltd		4.750		05/15/22		4,303,125
	10,000,000		Freeport-McMoRan, Inc		3.875		03/15/23		9,950,000
	2,000,000		Freeport-McMoRan, Inc		4.550		11/14/24		2,033,400
	7,350,000	g	GCP Applied Technologies, Inc		9.500		02/01/23		8,158,500
	2,500,000		Graphic Packaging International, Inc		4.125		08/15/24		2,587,500
	5,828,000	g	James Hardie International Finance DAC		4.750		01/15/25		5,871,710
	11,000,000	g	James Hardie International Finance DAC		5.000		01/15/28		11,082,500
	1,250,000		Kaiser Aluminum Corp		5.875		05/15/24		1,328,125
	40,000,000	g	Nova Chemicals Corp		4.875		06/01/24		39,900,000
	6,450,000		Olin Corp		5.125		09/15/27		6,788,625
	11,250,000	g	Owens-Brockway Glass Container, Inc		5.875		08/15/23		12,121,875
	1,650,000		PolyOne Corp		5.250		03/15/23		1,736,625
	9,500,000	g	Standard Industries, Inc		5.500		02/15/23		9,903,750
	3,350,000	g	Standard Industries, Inc		5.000		02/15/27		3,425,375
	1,675,000		Steel Dynamics, Inc		5.125		10/01/21		1,716,875
	5,000,000	g	Steel Dynamics, Inc		4.125		09/15/25		5,037,500
	3,000,000		Steel Dynamics, Inc		5.000		12/15/26		3,172,500
	6,650,000		Teck Resources Ltd		6.125		10/01/35		7,448,000
	9,500,000		Teck Resources Ltd		6.250		07/15/41		10,877,500
	9,000,000	g	Trinseo Materials Operating S.C.A		5.375		09/01/25		9,315,000
	13,950,000	g	Tronox Finance plc		5.750		10/01/25		14,333,625
	13,370,000	g	Univar, Inc		6.750		07/15/23		13,971,650
	1,000,000		Valvoline, Inc		5.500		07/15/24		1,062,500
	2,000,000		Valvoline, Inc		4.375		08/15/25		2,020,000
	4,749,000	g	Versum Materials, Inc		5.500		09/30/24		5,081,430
	6,540,000	g	WR Grace & Co-Conn		5.625		10/01/24		7,055,025
			TOTAL MATERIALS						350,573,887
MEDIA - 9.0%
	3,550,000	g	Altice Financing S.A.		6.625		02/15/23		3,717,205
	11,400,000	g	Altice Financing S.A.		7.500		05/15/26		12,141,000
	1,600,000		AMC Entertainment Holdings, Inc		5.875		11/15/26		1,580,000
	7,475,000		AMC Entertainment Holdings, Inc		6.125		05/15/27		7,418,937

214

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	7,500,000		AMC Entertainment, Inc		5.875	%	02/15/22	$	7,612,500
	5,000,000		AMC Entertainment, Inc		5.750		06/15/25		4,950,000
	1,800,000		AMC Networks, Inc		4.750		08/01/25		1,784,250
	10,615,000	g	CBS Radio, Inc		7.250		11/01/24		11,192,191
	4,225,000	g	CCO Holdings LLC		4.000		03/01/23		4,182,750
	20,900,000		CCO Holdings LLC		5.750		01/15/24		21,527,000
	20,000,000	g	CCO Holdings LLC		5.875		04/01/24		20,850,000
	4,750,000	g	CCO Holdings LLC		5.375		05/01/25		4,894,020
	16,150,000	g	CCO Holdings LLC		5.125		05/01/27		15,907,750
	4,075,000		Cinemark USA, Inc		4.875		06/01/23		4,125,937
	940,000		Clear Channel Worldwide Holdings, Inc		7.625		03/15/20		920,025
	13,110,000		Clear Channel Worldwide Holdings, Inc		7.625		03/15/20		12,847,800
	2,010,000		Clear Channel Worldwide Holdings, Inc		6.500		11/15/22		2,030,100
	10,850,000	g	CSC Holdings LLC		5.500		04/15/27		11,067,000
	15,000,000		DISH DBS Corp		6.750		06/01/21		15,768,750
	6,550,000		DISH DBS Corp		5.875		07/15/22		6,582,750
	4,030,000		DISH DBS Corp		5.000		03/15/23		3,828,500
	13,860,000		DISH Network Corp		3.375		08/15/26		15,081,412
	12,275,000	g	EMI Music Publishing Group North America Holdings, Inc		7.625		06/15/24		13,502,500
	2,775,000	g	EW Scripps Co		5.125		05/15/25		2,761,125
	1,400,000	g	Gannett Co, Inc		4.875		09/15/21		1,427,580
	3,375,000	g	Gannett Co, Inc		5.500		09/15/24		3,539,531
	7,990,000	g	Gray Television, Inc		5.125		10/15/24		7,970,025
	11,600,000	g	Gray Television, Inc		5.875		07/15/26		11,890,000
	2,000,000		Lamar Media Corp		5.750		02/01/26		2,135,000
	10,325,000	g	LG FinanceCo Corp		5.875		11/01/24		10,905,781
	1,900,000	g	Lynx II Corp		6.375		04/15/23		1,959,375
	825,000		Match Group, Inc		6.375		06/01/24		894,094
	14,250,000	g	Neptune Finco Corp		10.125		01/15/23		16,049,063
	13,577,000	g	Neptune Finco Corp		10.875		10/15/25		16,122,688
	11,875,000	g	Nielsen Finance LLC		5.000		04/15/22		12,216,406
	17,000,000	g	Numericable Group S.A.		6.000		05/15/22		17,212,500
	19,150,000	g	Numericable-SFR S.A.		7.375		05/01/26		19,724,500
	850,000		Outfront Media Capital LLC		5.250		02/15/22		871,250
	1,350,000		Outfront Media Capital LLC		5.625		02/15/24		1,427,625
	5,650,000		Regal Entertainment Group		5.750		06/15/23		5,840,688
	750,000		Regal Entertainment Group		5.750		02/01/25		768,750
	2,850,000	g	Sirius XM Radio, Inc		3.875		08/01/22		2,857,125
	8,100,000	g	Sirius XM Radio, Inc		5.375		07/15/26		8,393,625
	2,425,000	g	Univision Communications, Inc		5.125		05/15/23		2,418,938
	4,300,000	g	Univision Communications, Inc		5.125		02/15/25		4,192,500
	3,425,000	g	Virgin Media Secured Finance plc		5.500		01/15/25		3,510,625
	6,000,000	g	Virgin Media Secured Finance plc		5.250		01/15/26		6,060,000
			TOTAL MEDIA						364,661,171
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.6%
	1,800,000	g	Endo Dac		5.875		10/15/24		1,822,500
	2,375,000	g	Endo Finance LLC		5.375		01/15/23		1,852,500
	4,100,000	g	Endo Finance LLC		6.000		02/01/25		3,177,500
	6,875,000	g	Mallinckrodt International Finance S.A.		5.750		08/01/22		6,239,063
	7,342,000		Mallinckrodt International Finance S.A.		4.750		04/15/23		5,763,470

215

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	4,750,000	g	Mallinckrodt International Finance S.A.		5.625	%	10/15/23	$	4,037,500
	1,900,000	g	Mallinckrodt International Finance S.A.		5.500		04/15/25		1,548,500
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						24,441,033
REAL ESTATE - 0.4%
	6,300,000	g	Communications Sales & Leasing, Inc		6.000		04/15/23		6,189,750
	2,375,000		Equinix, Inc		5.375		01/01/22		2,470,000
	3,975,000		Equinix, Inc		5.875		01/15/26		4,268,156
	2,800,000	g	MGM Growth Properties Operating Partnership LP		4.500		01/15/28		2,744,000
			TOTAL REAL ESTATE						15,671,906
RETAILING - 3.2%
	14,475,000		Asbury Automotive Group, Inc		6.000		12/15/24		15,071,370
	1,675,000		CDW LLC		5.000		09/01/25		1,733,625
	3,440,000		Dollar Tree, Inc		5.750		03/01/23		3,603,400
	11,025,000		JC Penney Corp, Inc		5.650		06/01/20		10,060,312
	5,800,000	g	JC Penney Corp, Inc		5.875		07/01/23		5,473,750
	3,000,000		JC Penney Corp, Inc		6.375		10/15/36		1,785,000
	6,650,000		L Brands, Inc		6.875		11/01/35		6,716,500
	9,550,000		L Brands, Inc		6.750		07/01/36		9,550,000
	5,400,000	g	Lithia Motors, Inc		5.250		08/01/25		5,629,500
	19,570,000		Men’s Wearhouse, Inc		7.000		07/01/22		19,644,366
	2,500,000		Penske Automotive Group, Inc		3.750		08/15/20		2,546,875
	5,670,000		Penske Automotive Group, Inc		5.375		12/01/24		5,755,050
	9,145,000		Penske Automotive Group, Inc		5.500		05/15/26		9,279,431
	24,800,000	†,g	PetSmart, Inc		7.125		03/15/23		14,694,000
	7,725,000	g	PetSmart, Inc		5.875		06/01/25		5,928,938
	5,000,000	g	PetSmart, Inc		8.875		06/01/25		3,012,500
	5,000,000		Sally Holdings LLC		5.625		12/01/25		4,975,000
	2,650,000		Sonic Automotive, Inc		6.125		03/15/27		2,630,125
			TOTAL RETAILING						128,089,742
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.2%
	1,313,000		Micron Technology, Inc		5.500		02/01/25		1,373,726
	8,000,000	g	NXP BV		4.625		06/15/22		8,370,000
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						9,743,726
SOFTWARE & SERVICES - 2.7%
	335,000	g	CDK Global, Inc		4.875		06/01/27		339,187
	3,650,000	g	Entegris, Inc		4.625		02/10/26		3,704,750
	9,500,000	g	First Data Corp		7.000		12/01/23		10,046,250
	4,500,000	g	First Data Corp		5.000		01/15/24		4,629,375
	6,750,000	g	First Data Corp		5.750		01/15/24		7,009,875
	1,175,000	g	Gartner, Inc		5.125		04/01/25		1,227,875
	4,000,000	g	IMS Health, Inc		5.000		10/15/26		4,100,000
	8,000,000	g	Match Group, Inc		5.000		12/15/27		8,120,000
	6,350,000		NCR Corp		5.875		12/15/21		6,508,750
	5,000,000		NCR Corp		5.000		07/15/22		5,087,500
	4,750,000		NCR Corp		6.375		12/15/23		4,975,625
	10,000,000	g	Nielsen Co Luxembourg SARL		5.000		02/01/25		10,375,000
	5,000,000	g	Open Text Corp		5.625		01/15/23		5,206,250

216

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	16,400,000	g	Open Text Corp		5.875	%	06/01/26	$	17,671,000
	3,900,000	g	Sabre GLBL, Inc		5.375		04/15/23		4,017,000
	2,000,000	g	Sabre GLBL, Inc		5.250		11/15/23		2,045,600
	8,400,000		SS&C Technologies Holdings, Inc		5.875		07/15/23		8,862,000
	4,275,000	g	Symantec Corp		5.000		04/15/25		4,446,000
	2,000,000	g	WEX, Inc		4.750		02/01/23		2,042,500
			TOTAL SOFTWARE & SERVICES						110,414,537
TECHNOLOGY HARDWARE & EQUIPMENT - 1.6%
	3,500,000	g	CommScope, Inc		5.000		06/15/21		3,565,625
	23,700,000	g	CommScope, Inc		6.000		06/15/25		25,181,250
	6,650,000	g	Diamond Finance Corp		5.875		06/15/21		6,899,375
	4,750,000	g	Diamond Finance Corp		5.450		06/15/23		5,132,312
	6,575,000	g	Diamond Finance Corp		7.125		06/15/24		7,198,733
	4,750,000	g	Diamond Finance Corp		8.350		07/15/46		6,116,304
	9,500,000	g	Western Digital Corp		7.375		04/01/23		10,248,125
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						64,341,724
TELECOMMUNICATION SERVICES - 5.6%
	23,350,000	g	Altice Luxembourg S.A.		7.750		05/15/22		22,883,000
	6,000,000		CenturyLink, Inc		6.450		06/15/21		6,060,000
	7,300,000		CenturyLink, Inc		5.800		03/15/22		7,149,620
	19,400,000		CenturyLink, Inc		7.500		04/01/24		19,351,500
	2,750,000		Citizens Communications Co		9.000		08/15/31		1,835,625
	3,705,000		Frontier Communications Corp		8.500		04/15/20		3,075,150
	17,300,000		Frontier Communications Corp		10.500		09/15/22		13,083,125
	3,225,000		Frontier Communications Corp		7.125		01/15/23		2,144,625
	17,775,000		Frontier Communications Corp		11.000		09/15/25		13,064,625
	9,600,000		Level 3 Financing, Inc		5.250		03/15/26		9,422,880
	8,257,000		Sprint Capital Corp		6.875		11/15/28		8,308,606
	8,525,000		Sprint Capital Corp		8.750		03/15/32		9,675,875
	23,725,000		Sprint Corp		7.250		09/15/21		25,118,844
	6,900,000		Sprint Corp		7.875		09/15/23		7,348,500
	19,950,000		Sprint Corp		7.625		02/15/25		20,897,625
	9,300,000	g	Telecom Italia S.p.A		5.303		05/30/24		9,927,750
	8,100,000		T-Mobile USA, Inc		6.500		01/15/24		8,586,000
	8,865,000		T-Mobile USA, Inc		6.000		04/15/24		9,396,900
	6,950,000		T-Mobile USA, Inc		6.375		03/01/25		7,436,500
	22,000,000		T-Mobile USA, Inc		5.125		04/15/25		22,852,500
			TOTAL TELECOMMUNICATION SERVICES						227,619,250
TRANSPORTATION - 2.8%
	12,050,000	g	American Airlines Group, Inc		4.625		03/01/20		12,200,625
	5,700,000	g	Bombardier, Inc		7.750		03/15/20		6,127,500
	4,500,000	g	Bombardier, Inc		6.000		10/15/22		4,432,500
	7,825,000	g	Bombardier, Inc		6.125		01/15/23		7,668,500
	14,800,000	g	Bombardier, Inc		7.500		03/15/25		14,911,000
	2,525,000		Bristow Group, Inc		6.250		10/15/22		2,067,344
	13,870,000	g	Hertz Corp		7.625		06/01/22		14,528,825
	6,175,000		Hertz Corp		6.250		10/15/22		5,958,875
	3,325,000	g	Hertz Corp		5.500		10/15/24		3,000,812
	16,250,000	g	KLX, Inc		5.875		12/01/22		17,017,000

217

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	1,800,000	g	Meccanica Holdings USA, Inc		7.375	%	07/15/39	$	2,268,000
	7,600,000	g	NCL Corp Ltd		4.750		12/15/21		7,866,000
	10,850,000		United Continental Holdings, Inc		4.250		10/01/22		10,877,125
	2,500,000		United Continental Holdings, Inc		5.000		02/01/24		2,550,000
			TOTAL TRANSPORTATION						111,474,106
UTILITIES - 3.8%
	11,145,000		AES Corp		7.375		07/01/21		12,510,263
	2,000,000		AES Corp		5.500		04/15/25		2,100,000
	37,125,000	g	Calpine Corp		5.250		06/01/26		36,382,872
	12,924,000		Dynegy, Inc		6.750		11/01/19		13,279,410
	5,300,000	g	NextEra Energy Operating Partners LP		4.250		09/15/24		5,392,750
	9,250,000		NGL Energy Partners LP		5.125		07/15/19		9,411,875
	5,000,000		NRG Energy, Inc		6.250		07/15/22		5,200,000
	7,000,000		NRG Energy, Inc		6.250		05/01/24		7,332,500
	23,350,000	g	NRG Energy, Inc		5.750		01/15/28		23,583,500
	18,500,000	g	Talen Energy Supply LLC		10.500		01/15/26		18,311,300
	21,000,000	g	TerraForm Power Operating LLC		5.000		01/31/28		20,790,000
			TOTAL UTILITIES						154,294,470
			TOTAL CORPORATE BONDS						3,478,514,693
			(Cost $3,418,565,461)
			TOTAL BONDS						3,478,514,693
			(Cost $3,418,565,461)
SHARES			COMPANY
COMMON STOCKS - 1.0%
ENERGY - 1.0%
	155,206		Arch Coal, Inc						14,458,991
	265,062	*	Gulfmark Offshore, Inc						7,551,616
	162,740	*,m	Gulfmark Offshore, Inc						4,636,463
	372,708	*	Peabody Energy Corp						14,673,514
			TOTAL ENERGY						41,320,584
			TOTAL COMMON STOCKS						41,320,584
			(Cost $24,900,381)
PREFERRED STOCKS - 0.1%
ENERGY - 0.1%
	37,343	*	Peabody Energy Corp						2,964,287
			TOTAL ENERGY						2,964,287
			TOTAL PREFERRED STOCKS						2,964,287
			(Cost $977,617)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	64,426	m	Gulfmark Offshore, Inc						1,834,852

218

TIAA-CREF FUNDS - High-Yield Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	22,437	m	Gulfmark Offshore, Inc					$	639,006
			TOTAL ENERGY						2,473,858
			TOTAL RIGHTS / WARRANTS						2,473,858
			(Cost $1,808,487)
SHORT-TERM INVESTMENTS - 4.6%
GOVERNMENT AGENCY DEBT - 2.0%
	20,710,000		Federal Home Loan Bank (FHLB)		1.050	%	01/02/18		20,710,000
	20,345,000		FHLB		1.183		01/25/18		20,328,235
	21,400,000		Federal Home Loan Mortgage Corp (FHLMC)		1.194		02/09/18		21,370,190
	18,350,000		Federal National Mortgage Association (FNMA)		1.062		01/08/18		18,346,055
			TOTAL GOVERNMENT AGENCY DEBT						80,754,480
TREASURY DEBT - 2.6%
	43,335,000		United States Cash Management Bill		0.900-1.077		01/02/18		43,335,000
	3,750,000		United States Treasury Bill		1.132		01/04/18		3,749,764
	23,960,000		United States Treasury Bill		1.075-1.143		01/11/18		23,952,946
	32,900,000		United States Treasury Note		0.219-0.278		01/31/18		32,890,688
			TOTAL TREASURY DEBT						103,928,398
			TOTAL SHORT-TERM INVESTMENTS						184,682,878
			(Cost $184,686,339)
			TOTAL INVESTMENTS - 99.2%						4,011,267,140
			(Cost $3,932,823,529)
			OTHER ASSETS & LIABILITIES, NET - 0.8%						31,881,528
			NET ASSETS - 100.0%					$	4,043,148,668

	Abbreviation(s):
ICE	Intercontinental Exchange
LIBOR	London Interbank Offered Rate
M	Month
USD	United States Dollar
W	Week
Y	Year
*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $1,619,393,820 or 40.1% of net assets.
i	Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.
m	Indicates a security that has been deemed illiquid.
o	Payment in Kind Bond

219

TIAA-CREF FUNDS - Inflation-Linked Bond Fund

TIAA-CREF FUNDS

INFLATION-LINKED BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
GOVERNMENT BONDS -  97.1%
AGENCY SECURITIES - 1.5%
$	2,541,564		HNA 2015 LLC		2.369	%	09/18/27	$	2,513,558
	9,340,000		Montefiore Medical Center		2.895		04/20/32		9,047,557
	3,500,000		Private Export Funding Corp (PEFCO)		2.300		09/15/20		3,510,486
	3,000,000		PEFCO		3.250		06/15/25		3,149,133
	5,592,105		Reliance Industries Ltd		2.444		01/15/26		5,571,867
	3,000,000		Ukraine Government AID Bonds		1.847		05/29/20		2,987,535
	15,000,000		Ukraine Government AID Bonds		1.471		09/29/21		14,611,665
			TOTAL AGENCY SECURITIES						41,391,801
MORTGAGE BACKED - 0.2%
	6,378,481		Government National Mortgage Association (GNMA)		3.700		10/15/33		6,652,535
			TOTAL MORTGAGE BACKED						6,652,535
U.S. TREASURY SECURITIES - 95.4%
	44,114,313	k	United States Treasury Inflation Indexed Bonds		2.125		01/15/19		45,026,769
	192,644,100	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/19		192,233,242
	54,194,402	k	United States Treasury Inflation Indexed Bonds		1.875		07/15/19		55,884,535
	60,740,069	k	United States Treasury Inflation Indexed Bonds		1.375		01/15/20		62,341,207
	161,157,960	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/20		160,859,513
	90,024,459	k	United States Treasury Inflation Indexed Bonds		1.250		07/15/20		92,975,607
	90,300,136	k	United States Treasury Inflation Indexed Bonds		1.125		01/15/21		93,018,879
	128,533,860	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/21		128,039,654
	117,030,658	k	United States Treasury Inflation Indexed Bonds		0.625		07/15/21		119,317,189
	120,985,318	k	United States Treasury Inflation Indexed Bonds		0.125		01/15/22		120,538,419
	81,142,400	k	United States Treasury Inflation Indexed Bonds		0.125		04/15/22		80,595,812
	117,990,400	k	United States Treasury Inflation Indexed Bonds		0.125		07/15/22		117,875,813
	96,178,500	k	United States Treasury Inflation Indexed Bonds		0.125		01/15/23		95,471,203
	111,823,670	k	United States Treasury Inflation Indexed Bonds		0.375		07/15/23		112,714,833
	95,937,270	k	United States Treasury Inflation Indexed Bonds		0.625		01/15/24		97,665,239
	90,898,500	k	United States Treasury Inflation Indexed Bonds		0.125		07/15/24		89,878,637
	109,350,150	k	United States Treasury Inflation Indexed Bonds		0.250		01/15/25		108,443,716
	80,288,458	k	United States Treasury Inflation Indexed Bonds		2.375		01/15/25		91,541,960
	104,015,800	k	United States Treasury Inflation Indexed Bonds		0.375		07/15/25		104,237,023
	86,683,020	k	United States Treasury Inflation Indexed Bonds		0.625		01/15/26		88,125,332
	57,859,797	d,k	United States Treasury Inflation Indexed Bonds		2.000		01/15/26		65,120,048
	68,947,020	k	United States Treasury Inflation Indexed Bonds		0.125		07/15/26		67,412,442
	89,350,625	k	United States Treasury Inflation Indexed Bonds		0.375		01/15/27		88,768,250
	40,374,065	k	United States Treasury Inflation Indexed Bonds		2.375		01/15/27		47,266,543
	21,680,170	k	United States Treasury Inflation Indexed Bonds		0.375		07/15/27		21,579,847
	74,797,418	k	United States Treasury Inflation Indexed Bonds		1.750		01/15/28		84,128,404
	42,800,126	k	United States Treasury Inflation Indexed Bonds		3.625		04/15/28		56,194,305

220

TIAA-CREF FUNDS - Inflation-Linked Bond Fund

PRINCIPAL			ISSUER	RATE		MATURITY DATE	VALUE
$	48,472,091	k	United States Treasury Inflation Indexed Bonds	2.500	%	01/15/29	$	58,842,840
	64,502,204	k	United States Treasury Inflation Indexed Bonds	3.875		04/15/29		87,999,535
	10,000,000		United States Treasury Note	1.875		03/31/22		9,886,326
			TOTAL U.S. TREASURY SECURITIES					2,643,983,122
			TOTAL GOVERNMENT BONDS					2,692,027,458
			(Cost $2,665,248,672)
			TOTAL BONDS					2,692,027,458
			(Cost $2,665,248,672)
SHORT-TERM INVESTMENTS - 2.7%
GOVERNMENT AGENCY DEBT - 0.8%
	22,090,000		Federal Home Loan Bank (FHLB)	1.050		01/02/18		22,090,000
			TOTAL GOVERNMENT AGENCY DEBT					22,090,000
TREASURY DEBT - 1.9%
	20,000,000		United States Cash Management Bill	0.900		01/02/18		20,000,000
	31,100,000		United States Treasury Bill	1.166-1.176		01/04/18		31,098,041
			TOTAL TREASURY DEBT					51,098,041
			TOTAL SHORT-TERM INVESTMENTS					73,188,041
			(Cost $73,185,823)
			TOTAL INVESTMENTS - 99.8%					2,765,215,499
			(Cost $2,738,434,495)
			OTHER ASSETS & LIABILITIES, NET - 0.2%					6,893,046
			NET ASSETS - 100.0%				$	2,772,108,545

d	All or a portion of these securities have been segregated to cover margin requirements on open futures transactions.
k	Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

Futures contracts outstanding as of December 31, 2017 were as follows (see Note 3):

Description	Number of long (short) contracts	Expiration date	Notional amount	Value	Unrealized appreciation (depreciation)
US 10YR NOTE (CBT)	(250)	3/20/18	$(31,104,841)	$(31,011,719)	$93,123

221

TIAA-CREF FUNDS - Short-Term Bond Fund

TIAA-CREF FUNDS
SHORT-TERM BOND FUND
SCHEDULE OF INVESTMENTS (unaudited)
December 31, 2017

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
BANK LOAN OBLIGATIONS - 2.6%
COMMERCIAL & PROFESSIONAL SERVICES - 0.1%
$	1,990,000	i	Clean Harbors, Inc	LIBOR 1 M + 2.000%		3.570	%	06/28/24	$	1,999,950
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES							1,999,950
CONSUMER DURABLES & APPAREL - 0.0%
	172,813	i	Samsonite Holdings, S.A	LIBOR 1 M + 2.250%		3.819		08/01/23		173,604
			TOTAL CONSUMER DURABLES & APPAREL							173,604
CONSUMER SERVICES - 0.4%
	1,108,348	i	Aramark Services, Inc	LIBOR 1 M + 2.000%		3.570		03/28/24		1,114,233
	2,448,607	i	Hilton Worldwide Finance LLC	LIBOR 1 M + 2.000%		3.550		10/25/23		2,459,920
	3,110,743	i	KFC Holding Co	LIBOR 1 M + 2.000%		3.490		06/16/23		3,126,950
	420,763	i	Prime Security Services Borrower LLC	LIBOR 1 M + 2.750%		4.320		05/02/22		423,570
			TOTAL CONSUMER SERVICES							7,124,673
HEALTH CARE EQUIPMENT & SERVICES - 0.1%
	76,730	i	CHS/Community Health Systems	LIBOR 3 M + 3.000%		4.480		01/27/21		73,123
	299,211	i	DaVita HealthCare Partners, Inc	LIBOR 1 M + 2.750%		4.319		06/24/21		301,547
	748,144	i	HCA, Inc	LIBOR 1 M + 2.000%		3.569		03/17/23		750,950
	1,014,022	i	HCA, Inc	LIBOR 1 M + 2.250%		3.819		02/10/24		1,019,883
			TOTAL HEALTH CARE EQUIPMENT & SERVICES							2,145,503
MATERIALS - 0.1%
	794,000	i	American Builders & Contractors Supply Co, Inc	LIBOR 1 M + 2.500%		4.070		10/31/23		796,827
	870,237	i	WR Grace & Co-Conn	LIBOR 3 M + 2.000%		3.380		02/03/21		875,676
			TOTAL MATERIALS							1,672,503
MEDIA - 0.7%
	1,421,374	i	AMC Entertainment, Inc	LIBOR 1 M + 2.250%		3.730		12/15/22		1,426,050
	1,825,000	i	Charter Communications Operating LLC	LIBOR 3 M + 2.000%		2.000		04/30/25		1,825,657
	2,964,945	i	CSC Holdings LLC	LIBOR 1 M + 2.250%		3.741		07/17/25		2,951,039
	1,864,121	i	MTL Publishing LLC	LIBOR 1 M + 2.250%		3.741		08/21/23		1,866,451
	1,351,581	i	Nielsen Finance LLC	LIBOR 1 M + 2.000%		3.430		10/04/23		1,356,650
	2,475,000	i	Outfront Media Capital LLC	LIBOR 1 M + 2.000%		3.552		03/18/24		2,484,281
	285,402	i	Univision Communications, Inc	LIBOR 1 M + 2.750%		4.320		03/15/24		284,292
			TOTAL MEDIA							12,194,420
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1%
	2,103,710	i	Quintiles IMS, Inc	LIBOR 3 M + 2.000%		3.690		03/07/24		2,111,220
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES							2,111,220
RETAILING - 0.3%
	3,924,305	i	Avis Budget Car Rental LLC	LIBOR 3 M + 2.000%		3.700		03/15/22		3,922,342

222

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	982,368	i	PetSmart, Inc	LIBOR 1 M + 3.000%		4.570	%	03/11/22	$	783,134
			TOTAL RETAILING							4,705,476
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%
	1,481,250	i	Versum Materials, Inc	LIBOR 3 M + 2.000%		3.693		09/29/23		1,488,286
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT							1,488,286
TECHNOLOGY HARDWARE & EQUIPMENT - 0.4%
	2,103,750	i	Abacus Innovations Corp	LIBOR 1 M + 2.000%		3.630		08/16/23		2,120,854
	1,293,925	i	CommScope, Inc	LIBOR 1 and 3 M + 2.000%		3.383		12/29/22		1,299,851
	1,940,000	i	GXS Group, Inc	LIBOR 1 M + 2.000%		3.570		01/16/21		1,946,072
	937,051	i	Sensata Technologies BV	LIBOR 1 M + 1.750%		3.210		10/14/21		940,340
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT							6,307,117
TRANSPORTATION - 0.2%
	1,959,596	i	American Airlines, Inc	LIBOR 1 M + 2.000%		3.430		10/10/21		1,960,654
	745,589	i	Avolon TLB Borrower US LLC	LIBOR 1 M + 1.750%		3.251		09/30/20		741,861
			TOTAL TRANSPORTATION							2,702,515
UTILITIES - 0.1%
	987,469	i	NRG Energy, Inc	LIBOR 3 M + 2.250%		3.940		06/30/23		987,696
			TOTAL UTILITIES							987,696
			TOTAL BANK LOAN OBLIGATIONS							43,612,963
			(Cost $43,725,133)
BONDS - 89.7%
CORPORATE BONDS - 29.4%
AUTOMOBILES & COMPONENTS - 0.2%
	1,950,000	g	Hyundai Capital America			2.550		04/03/20		1,933,972
	1,500,000	g	Hyundai Capital America			3.250		09/20/22		1,498,035
			TOTAL AUTOMOBILES & COMPONENTS							3,432,007
BANKS - 9.6%
	750,000		Australia & New Zealand Banking Group Ltd			2.625		05/19/22		747,463
	3,000,000	g	Bank Nederlandse Gemeenten NV			1.250		10/29/18		2,982,597
	3,500,000		Bank of America Corp			2.250		04/21/20		3,502,233
	1,925,000		Bank of America Corp			2.151		11/09/20		1,916,041
	5,000,000		Bank of America Corp			2.369		07/21/21		4,990,909
	10,000,000		Bank of America Corp			2.328		10/01/21		9,971,094
	9,000,000	g	Bank of Montreal			2.500		01/11/22		8,986,469
	3,000,000		BB&T Corp			2.150		02/01/21		2,971,382
	2,000,000	g	Caixa Economica Federal			3.500		11/07/22		1,945,400
	1,500,000		Capital One Bank USA NA			1.650		02/05/18		1,499,959
	15,000,000		CitiBank NA			1.850		09/18/19		14,906,227
	5,000,000		CitiBank NA			2.100		06/12/20		4,966,980
	5,000,000		CitiBank NA			2.125		10/20/20		4,951,871
	3,000,000		Citizens Bank NA			2.250		10/30/20		2,972,028
	2,000,000		Deutsche Bank AG.			2.700		07/13/20		1,990,074
	5,000,000	g	Dexia Credit Local S.A.			1.875		03/28/19		4,975,735

223

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	4,000,000	g	Dexia Credit Local S.A.		2.375	%	09/20/22	$	3,955,027
	5,000,000	g	DNB Boligkreditt AS.		2.000		05/28/20		4,938,770
	2,000,000		Fifth Third Bank		2.200		10/30/20		1,987,526
	3,700,000		HSBC USA, Inc		1.625		01/16/18		3,699,726
	1,500,000		Huntington National Bank		2.375		03/10/20		1,497,629
	6,500,000		JPMorgan Chase & Co		1.700		03/01/18		6,499,374
	7,500,000		JPMorgan Chase & Co		2.750		06/23/20		7,565,017
	3,500,000		KeyBank NA		2.350		03/08/19		3,506,157
	6,050,000		PNC Bank NA		2.450		11/05/20		6,058,629
	3,000,000		Royal Bank of Canada		1.875		02/05/20		2,974,853
	5,000,000		Royal Bank of Canada		2.150		10/26/20		4,967,349
	2,500,000		Santander UK plc		2.125		11/03/20		2,479,709
	8,000,000	g	SpareBank Boligkreditt AS.		1.250		05/02/18		7,977,339
	4,000,000		Sumitomo Mitsui Banking Corp		2.092		10/18/19		3,980,572
	2,000,000		SunTrust Banks, Inc		2.500		05/01/19		2,007,345
	3,000,000		Toronto-Dominion Bank		1.850		09/11/20		2,966,623
	1,500,000	g	Turkiye Garanti Bankasi AS.		4.750		10/17/19		1,522,668
	1,500,000	g	Turkiye Halk Bankasi AS.		5.000		07/13/21		1,433,179
	1,000,000	g	Turkiye Is Bankasi		5.375		10/06/21		1,007,886
	3,000,000		US Bank NA		2.050		10/23/20		2,978,169
	5,000,000		Wells Fargo Bank NA		1.650		01/22/18		4,999,005
	5,000,000		Westpac Banking Corp		1.600		08/19/19		4,947,551
	3,000,000	g	Westpac Banking Corp		2.100		02/25/21		2,959,883
			TOTAL BANKS						161,186,448
CAPITAL GOODS - 0.9%
	4,400,000		Air Lease Corp		2.125		01/15/18		4,399,708
	1,500,000	g	Gold Fields Orogen Holding BVI Ltd		4.875		10/07/20		1,530,000
	800,000	g	Molex Electronic Technologies LLC		2.878		04/15/20		800,127
	981,000		Pentair Finance S.A.		2.900		09/15/18		984,855
	1,125,000		Rockwell Collins, Inc		1.950		07/15/19		1,119,127
	5,000,000		Roper Industries, Inc		2.050		10/01/18		4,999,236
	2,000,000	g	TSMC Global Ltd		1.625		04/03/18		1,996,442
			TOTAL CAPITAL GOODS						15,829,495
COMMERCIAL & PROFESSIONAL SERVICES - 0.2%
	3,000,000		Republic Services, Inc		5.500		09/15/19		3,154,409
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES						3,154,409
CONSUMER SERVICES - 0.1%
	925,000	g	Atento Luxco S.A.		6.125		08/10/22		967,385
			TOTAL CONSUMER SERVICES						967,385
DIVERSIFIED FINANCIALS - 4.9%
	3,000,000		American Express Co		2.200		10/30/20		2,975,167
	3,400,000		American Express Credit Corp		1.875		11/05/18		3,398,465
	3,000,000		Capital One Financial Corp		2.400		10/30/20		2,981,367
	3,000,000	g	Daimler Finance North America LLC		2.000		08/03/18		3,000,337
	1,200,000	g	Federation des Caisses Desjardins du Quebec		2.250		10/30/20		1,193,167
	4,800,000		Ford Motor Credit Co LLC		2.425		06/12/20		4,771,254
	10,000,000		General Motors Financial Co, Inc		2.450		11/06/20		9,924,059

224

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	2,000,000		Goldman Sachs Group, Inc			2.000	%	04/25/19	$	1,993,805
	2,775,000		Goldman Sachs Group, Inc			1.950		07/23/19		2,758,546
	9,000,000		Goldman Sachs Group, Inc			2.300		12/13/19		8,993,132
	1,500,000	g	ICICI Bank Ltd			3.500		03/18/20		1,514,175
	2,000,000		ICICI Bank Ltd			3.125		08/12/20		2,002,164
	300,000		International Lease Finance Corp			3.875		04/15/18		301,373
	8,000,000		Morgan Stanley			2.450		02/01/19		8,019,719
	7,500,000		Morgan Stanley			2.800		06/16/20		7,567,185
	7,000,000	g	Nederlandse Waterschapsbank NV			1.875		03/13/19		6,983,809
	3,500,000	g	Nederlandse Waterschapsbank NV			2.125		11/15/21		3,469,161
	3,000,000		Shire Acquisitions Investments Ireland DAC			1.900		09/23/19		2,972,518
	3,000,000		Unilever Capital Corp			1.800		05/05/20		2,977,720
	3,500,000		Wells Fargo & Co			2.600		07/22/20		3,521,318
			TOTAL DIVERSIFIED FINANCIALS							81,318,441
ENERGY - 3.0%
	1,600,000		BP Capital Markets plc			1.375		05/10/18		1,597,553
	2,025,000		BP Capital Markets plc			1.676		05/03/19		2,014,172
	1,284,000		Canadian Natural Resources Ltd			1.750		01/15/18		1,283,770
	5,000,000		Chevron Corp			1.365		03/02/18		4,996,652
	1,300,000		Ecopetrol S.A.			4.250		09/18/18		1,311,700
	3,000,000		Enterprise Products Operating LLC			1.650		05/07/18		2,995,991
	2,000,000	i	Enterprise Products Operating LLC	LIBOR 3 M + 2.680%		7.034		01/15/68		2,000,000
	2,000,000		EQT Corp			2.500		10/01/20		1,985,918
	5,000,000		Exxon Mobil Corp			1.439		03/01/18		4,997,650
	2,000,000		Husky Energy, Inc			7.250		12/15/19		2,177,273
	2,200,000	g	Pertamina Persero PT			4.875		05/03/22		2,338,052
	3,320,000		Petrobras Global Finance BV			6.125		01/17/22		3,523,350
	4,407,000	g	Petrobras Global Finance BV			5.999		01/27/28		4,418,018
	3,000,000		Petroleos Mexicanos			5.500		02/04/19		3,100,350
	2,000,000	g	Petroleos Mexicanos			5.375		03/13/22		2,120,000
	1,042,500		Petroleos Mexicanos			2.378		04/15/25		1,037,284
	750,000		Statoil ASA			1.200		01/17/18		749,800
	1,500,000		Vale Overseas Ltd			5.875		06/10/21		1,633,500
	5,800,000	g	YPF S.A.			8.500		03/23/21		6,559,800
			TOTAL ENERGY							50,840,833
FOOD & STAPLES RETAILING - 0.4%
	3,425,000	g	CK Hutchison International 17 Ltd			2.250		09/29/20		3,387,035
	2,875,000		SYSCO Corp			1.900		04/01/19		2,866,833
			TOTAL FOOD & STAPLES RETAILING							6,253,868
FOOD, BEVERAGE & TOBACCO - 0.6%
	5,000,000		Anheuser-Busch InBev Finance, Inc			1.900		02/01/19		4,989,292
	1,650,000		JM Smucker Co			1.750		03/15/18		1,650,509
	675,000		Kraft Heinz Foods Co			2.000		07/02/18		674,978
	1,350,000		PepsiCo, Inc			1.350		10/04/19		1,333,793
	1,300,000		Tyson Foods, Inc			2.250		08/23/21		1,282,402
			TOTAL FOOD, BEVERAGE & TOBACCO							9,930,974
HEALTH CARE EQUIPMENT & SERVICES - 1.3%
	5,000,000		Becton Dickinson and Co			2.404		06/05/20		4,972,567

225

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	5,000,000		Cardinal Health, Inc		1.948	%	06/14/19	$	4,968,803
	3,000,000		Express Scripts Holding Co		2.250		06/15/19		2,994,879
	3,175,000		Medtronic, Inc		1.500		03/15/18		3,172,714
	5,000,000		Zimmer Holdings, Inc		2.000		04/01/18		5,001,814
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						21,110,777
INSURANCE - 0.3%
	4,025,000		Berkshire Hathaway Finance Corp		1.300		08/15/19		3,973,758
	1,500,000		Marsh & McLennan Cos, Inc		2.350		09/10/19		1,504,019
			TOTAL INSURANCE						5,477,777
MATERIALS - 1.1%
	2,400,000		EI du Pont de Nemours & Co		2.200		05/01/20		2,397,738
	3,500,000	g	Equate Petrochemical BV		3.000		03/03/22		3,445,505
	2,000,000		Kimberly-Clark Corp		1.400		02/15/19		1,985,574
	2,000,000	g	Phosagro OAO via Phosagro Bond Funding DAC		3.950		11/03/21		2,014,558
	1,500,000	g	Severstal OAO Via Steel Capital S.A.		3.850		08/27/21		1,522,233
	5,000,000		Sherwin-Williams Co		2.250		05/15/20		4,982,951
	2,000,000	g	Union Andina de Cementos SAA		5.875		10/30/21		2,065,000
			TOTAL MATERIALS						18,413,559
MEDIA - 0.1%
	1,009,000		Charter Communications Operating LLC		3.579		07/23/20		1,027,743
	625,000	g	NBC Universal Enterprise, Inc		1.662		04/15/18		624,706
			TOTAL MEDIA						1,652,449
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.8%
	5,000,000		Abbott Laboratories		2.350		11/22/19		5,000,519
	4,800,000		AbbVie, Inc		1.800		05/14/18		4,797,640
	3,900,000		Actavis Funding SCS		2.350		03/12/18		3,903,041
	900,000		Actavis Funding SCS		3.800		03/15/25		916,037
	5,000,000		Gilead Sciences, Inc		1.850		09/20/19		4,978,688
	1,000,000		Johnson & Johnson		1.950		11/10/20		995,190
	2,500,000		Mylan NV		3.000		12/15/18		2,513,352
	5,000,000		Novartis Capital Corp		1.800		02/14/20		4,963,070
	2,000,000		Teva Pharmaceutical Finance Co BV		2.950		12/18/22		1,793,910
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						29,861,447
REAL ESTATE - 0.2%
	1,329,000		ERP Operating LP		2.375		07/01/19		1,332,224
	1,815,000		Health Care REIT, Inc		4.125		04/01/19		1,847,216
	536,000		Highwoods Realty LP		7.500		04/15/18		544,110
			TOTAL REAL ESTATE						3,723,550
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%
	1,000,000	g	Semiconductor Manufacturing International Corp		4.125		10/07/19		1,010,544
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						1,010,544

226

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SOFTWARE & SERVICES - 0.3%
$	5,000,000		Microsoft Corp		1.100	%	08/08/19	$	4,932,644
			TOTAL SOFTWARE & SERVICES						4,932,644
TECHNOLOGY HARDWARE & EQUIPMENT - 1.0%
	3,000,000		Apple, Inc		1.000		05/03/18		2,992,579
	2,225,000		Apple, Inc		1.700		02/22/19		2,219,611
	2,000,000		Apple, Inc		1.900		02/07/20		1,993,874
	5,000,000	g	Broadcom Corp		2.200		01/15/21		4,889,001
	4,000,000	g	Diamond Finance Corp		3.480		06/01/19		4,049,752
	475,000		Tyco Electronics Group S.A.		2.375		12/17/18		476,065
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						16,620,882
TELECOMMUNICATION SERVICES - 0.7%
MXN	56,730,000		America Movil SAB de C.V.		6.450		12/05/22		2,664,586
$	5,000,000		AT&T, Inc		2.300		03/11/19		5,004,968
	3,050,000	g	MTN Mauritius Investment Ltd		5.373		02/13/22		3,154,011
			TOTAL TELECOMMUNICATION SERVICES						10,823,565
TRANSPORTATION - 0.6%
	2,245,000	g	Adani Ports & Special Economic Zone Ltd		3.500		07/29/20		2,268,667
	1,500,000	g	Adani Ports & Special Economic Zone Ltd		3.950		01/19/22		1,530,469
	2,250,000		Delta Air Lines, Inc		2.875		03/13/20		2,264,981
	2,000,000		Northrop Grumman Corp		2.080		10/15/20		1,983,555
	2,200,000	g	Transnet SOC Ltd		4.000		07/26/22		2,153,972
			TOTAL TRANSPORTATION						10,201,644
UTILITIES - 2.0%
	5,000,000		Consolidated Edison, Inc		2.000		03/15/20		4,972,456
	3,000,000		Dominion Energy, Inc		2.579		07/01/20		3,001,059
	1,000,000		Duke Energy Corp		2.100		06/15/18		1,000,275
	2,600,000	g	Israel Electric Corp Ltd		5.625		06/21/18		2,632,500
	2,000,000	g	KSA Sukuk Ltd		2.894		04/20/22		1,985,876
	2,000,000	g	NBK SPC Ltd		2.750		05/30/22		1,966,488
	1,700,000		NextEra Energy Capital Holdings, Inc		1.649		09/01/18		1,695,078
	4,225,000		Northeast Utilities		1.600		01/15/18		4,224,125
	1,500,000		Northeast Utilities		1.450		05/01/18		1,497,624
	5,000,000		Southern Power Co		1.950		12/15/19		4,958,299
	5,000,000	g	State Grid Overseas Investment 2016 Ltd		2.750		05/04/22		4,954,694
	1,625,000		WEC Energy Group, Inc		1.650		06/15/18		1,623,383
			TOTAL UTILITIES						34,511,857
			TOTAL CORPORATE BONDS						491,254,555
			(Cost $492,371,916)
GOVERNMENT BONDS - 32.0%
AGENCY SECURITIES - 5.1%
	5,850,000	g	Hospital for Special Surgery		3.500		01/01/23		5,934,124
	24,000,000		Iraq Government AID Bond		2.149		01/18/22		23,862,456
	10,460,000		Montefiore Medical Center		2.152		10/20/26		9,968,348
	2,000,000		Private Export Funding Corp (PEFCO)		2.250		03/15/20		2,003,880

227

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	3,000,000		PEFCO		2.300	%	09/15/20	$	3,008,988
	8,947,368		Reliance Industries Ltd		1.870		01/15/26		8,719,412
	11,184,211		Reliance Industries Ltd		2.444		01/15/26		11,143,734
	6,000,000		Ukraine Government AID Bonds		1.847		05/29/20		5,975,070
	15,000,000		Ukraine Government AID Bonds		1.471		09/29/21		14,611,665
			TOTAL AGENCY SECURITIES						85,227,677
FOREIGN GOVERNMENT BONDS - 8.6%
	2,725,000		Argentine Republic Government International Bond		6.875		04/22/21		2,967,525
	7,000,000	g	Bermuda Government International Bond		4.138		01/03/23		7,340,340
	1,250,000		Brazilian Government International Bond		4.875		01/22/21		1,326,250
	3,000,000	g	Caisse d’Amortissement de la Dette Sociale		1.875		01/13/20		2,982,235
	1,500,000		Colombia Government International Bond		4.375		07/12/21		1,581,750
	5,800,000	g	CPPIB Capital, Inc		2.250		01/25/22		5,746,753
	6,600,000	g	CPPIB Capital, Inc		2.750		11/02/27		6,580,072
	2,000,000	g	Croatia Government International Bond		6.750		11/05/19		2,146,332
	500,000	g	Dominican Republic International Bond		7.500		05/06/21		545,625
	500,000	g	Egypt Government International Bond		6.125		01/31/22		523,060
	1,425,000	g	Export Credit Bank of Turkey		4.250		09/18/22		1,386,465
	15,000,000		Export Development Canada		2.000		11/30/20		14,939,316
	5,000,000		Export-Import Bank of Korea		1.500		10/21/19		4,900,440
	500,000	g	Ghana Government International Bond		9.250		09/15/22		566,656
	500,000	g	Honduras Government International Bond		8.750		12/16/20		560,225
	500,000		Hungary Government International Bond		4.125		02/19/18		501,500
	11,400,000	g	Instituto de Credito Oficial		1.625		09/14/18		11,355,027
	1,500,000		Japan Bank for International Cooperation		1.875		04/20/21		1,465,397
	3,000,000	g	Japan Finance Organization for Municipalities		2.000		09/08/20		2,959,413
	3,200,000	g	Japan Finance Organization for Municipalities		2.125		02/12/21		3,150,201
	1,700,000	g	Kommunalbanken AS.		1.625		01/15/20		1,683,518
	1,150,000	g	Kommunalbanken AS.		1.375		10/26/20		1,124,214
	3,750,000	g	Kommunalbanken AS.		1.625		02/10/21		3,677,873
	2,500,000	g	Kommuninvest I Sverige AB		1.000		01/29/18		2,498,750
	2,000,000		Korea Development Bank		1.500		01/22/18		1,999,009
	410,000	g	Korea Housing Finance Corp		1.625		09/15/18		406,825
	6,700,000	g	Korea Housing Finance Corp		2.000		10/11/21		6,442,981
	1,875,000	g	Korea Housing Finance Corp		3.000		10/31/22		1,860,736
	5,000,000		Kreditanstalt fuer Wiederaufbau		2.000		11/30/21		4,947,432
	2,025,000	g	Morocco Government International Bond		4.250		12/11/22		2,135,160
	1,400,000	g	Municipality Finance plc		1.125		09/16/19		1,376,690
	1,450,000	g	Nacional Financiera SNC		3.375		11/05/20		1,486,250
	5,000,000	g	Ontario Teachers’ Finance Trust		2.125		09/19/22		4,911,566
	2,000,000	g	Perusahaan Penerbit SBSN Indonesia III		3.400		03/29/22		2,027,600
	2,000,000		Poland Government International Bond		5.000		03/23/22		2,189,366
	500,000		Republic of Hungary		6.250		01/29/20		535,638
	5,625,000	g	Saudi Government International Bond		2.375		10/26/21		5,488,223
	11,625,000	g	Saudi Government International Bond		2.875		03/04/23		11,436,117
	500,000	g	Senegal Goverment International Bond		8.750		05/13/21		576,466
	625,000	g	Slovenia Government International Bond		4.125		02/18/19		639,003
	2,500,000	g	Spain Government International Bond		4.000		03/06/18		2,504,090
	3,525,000		Svensk Exportkredit AB		1.125		04/05/18		3,520,309
	6,500,000		Svensk Exportkredit AB		1.750		03/10/21		6,395,754
			TOTAL FOREIGN GOVERNMENT BONDS						143,388,152

228

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
MORTGAGE BACKED - 0.1%
$	1,295,773		Federal National Mortgage Association (FNMA)			3.000	%	11/01/24	$	1,321,158
	294,756		Government National Mortgage Association (GNMA)			2.176		05/16/39		294,160
	81,705		GNMA			2.120		05/16/40		81,612
			TOTAL MORTGAGE BACKED							1,696,930
MUNICIPAL BONDS - 0.3%
	5,000,000		Florida State Board of Administration Finance Corp			2.163		07/01/19		4,989,200
			TOTAL MUNICIPAL BONDS							4,989,200
U.S. TREASURY SECURITIES - 17.9%
	25,806,340	k	United States Treasury Inflation Indexed Bonds			0.125		04/15/20		25,758,550
	9,887,220	k	United States Treasury Inflation Indexed Bonds			0.125		04/15/21		9,849,204
	4,070,000		United States Treasury Note			0.750		01/31/18		4,068,449
	3,200,000		United States Treasury Note			0.875		03/31/18		3,196,005
	5,000,000		United States Treasury Note			1.375		09/30/18		4,986,604
	30,755,000		United States Treasury Note			1.125		01/31/19		30,519,493
	81,090,000	d	United States Treasury Note			1.125		02/28/19		80,421,080
	51,475,000		United States Treasury Note			1.250		03/31/19		51,092,263
	550,000		United States Treasury Note			1.375		07/31/19		545,808
	14,000,000		United States Treasury Note			1.250		08/31/19		13,855,990
	56,193,000	d	United States Treasury Note			0.875		09/15/19		55,245,986
	15,120,000		United States Treasury Note			1.375		09/30/19		14,987,957
	3,515,000		United States Treasury Note			1.750		11/15/20		3,494,520
	2,325,000		United States Treasury Note			2.000		11/30/22		2,303,511
			TOTAL U.S. TREASURY SECURITIES							300,325,420
			TOTAL GOVERNMENT BONDS							535,627,379
			(Cost $539,793,114)
STRUCTURED ASSETS - 28.3%
ASSET BACKED - 4.6%
	176,806		Aames Mortgage Trust			7.396		06/25/32		176,959
			Series - 2002 1 (Class A3)
	1,558,808	i	ACE Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.290%		1.842		08/25/35		1,560,327
			Series - 2005 AG1 (Class A1B2)
	81,942	i	ACE Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.735%		2.287		08/25/35		82,033
			Series - 2005 HE5 (Class M2)
	55,677	†,g,m	Asset Backed Funding Corp NIM Trust			5.900		07/26/35		1
			Series - 2006 WMC1 (Class N1)
	1,592,547	i	Asset Backed Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.750%		2.080		03/25/35		1,599,028
			Series - 2005 HE1 (Class M1)
	1,986,667	g	Capital Automotive REIT			3.870		04/15/47		2,014,303
			Series - 2017 1A (Class A1)
	6,010		Centex Home Equity			5.540		01/25/32		6,094
			Series - 2002 A (Class AF6)

229

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	98,251	i	Centex Home Equity	LIBOR 1 M + 0.645%		2.197	%	03/25/34	$	98,229
			Series - 2004 B (Class M1)
	122,341	i	Chase Funding Mortgage Loan Asset-Backed Certificates			5.700		02/26/35		116,336
			Series - 2004 2 (Class 1 M2)
	1,500,000	g,i	COMM 2016-GCT Mortgage Trust			3.461		08/10/29		1,503,159
			Series - 2016 GCT (Class D)
	5,000,000	g	DB Master Finance LLC			3.629		11/20/47		5,032,600
			Series - 2017 1A (Class A2I)
	14,962,500	g	Domino’s Pizza Master Issuer LLC			3.082		07/25/47		14,798,212
			Series - 2017 1A (Class A2II)
	2,422,842		Entergy Louisiana Investment Recovery Funding I LLC			2.040		09/01/23		2,402,704
			Series - 2011 A (Class A1)
	1,393,733		Ford Credit Auto Owner Trust			1.540		03/15/19		1,393,566
			Series - 2013 D (Class B)
	7,250,000	g	Ford Credit Auto Owner Trust			2.510		04/15/26		7,264,488
			Series - 2014 2 (Class B)
	2,000,000		Hyundai Auto Receivables Trust			2.010		06/15/21		1,996,295
			Series - 2015 B (Class B)
	337,472	i	Lehman XS Trust	LIBOR 1 M + 0.250%		1.802		02/25/36		336,824
			Series - 2006 1 (Class 1A1)
	5,287,118	g	MVW Owner Trust			2.420		12/20/34		5,238,915
			Series - 2017 1A (Class A)
	5,000,000	g	Palisades Center Trust			3.357		04/13/33		4,985,437
			Series - 2016 PLSD (Class B)
	686,684	i	People’s Choice Home Loan Securities Trust	LIBOR 1 M + 0.900%		2.452		10/25/34		688,509
			Series - 2004 2 (Class M1)
	1,983,278	i	RAMP	LIBOR 1 M + 0.765%		2.317		06/25/35		1,983,729
			Series - 2005 RS6 (Class M2)
	311,855	i	Residential Funding Mortgage Securities II, Inc			6.560		02/25/36		326,584
			Series - 2006 HI1 (Class M2)
	202,957	i	Saxon Asset Securities Trust			6.120		11/25/30		211,562
			Series - 2002 2 (Class AF6)
	1,809,647	g	Sierra Timeshare Receivables Funding LLC			2.420		03/20/30		1,805,928
			Series - 2014 1A (Class B)
	362,030	g	SLM Student Loan Trust			3.480		10/15/30		363,650
			Series - 2012 B (Class A2)
	1,012,384	g	SpringCastle America Funding LLC			3.050		04/25/29		1,018,662
			Series - 2016 AA (Class A)
	4,937,500	g	Taco Bell Funding LLC			3.832		05/25/46		5,004,502
			Series - 2016 1A (Class A2I)
	12,500,000	†,g	TES LLC			4.330		10/20/47		12,574,750
			Series - 2017 1A (Class A)
	2,932,500	g	Wendys Funding LLC			3.371		06/15/45		2,940,359
			Series - 2015 1A (Class A2I)
			TOTAL ASSET BACKED							77,523,745
OTHER MORTGAGE BACKED - 23.7%
	2,981,824	g	Banc of America Commercial Mortgage Trust			5.416		01/15/49		3,020,408
			Series - 2007 1 (Class AM)
	1,703,899	i	Banc of America Commercial Mortgage Trust			5.482		01/15/49		1,726,117
			Series - 2007 1 (Class AMFX)

230

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	595,347	i	Banc of America Funding	LIBOR 1 M + 0.800%		2.301	%	02/20/35	$	593,196
			Series - 2005 A (Class 5A3)
	4,134,935	i	Bear Stearns ALT-A Trust	LIBOR 1 M + 0.600%		2.152		06/25/34		4,124,699
			Series - 2004 4 (Class A1)
	11,335,000	g,i	Bear Stearns Commercial Mortgage Securities Trust			5.300		05/11/39		11,575,495
			Series - 2003 PWR2 (Class H)
	9,614,371	g,i	Chase Mortgage Trust			3.750		12/25/45		9,719,385
			Series - 2016 2 (Class M2)
	3,986,531	g,i	Citigroup Mortgage Loan Trust	LIBOR 1 M + 0.180%		1.508		05/25/37		3,879,162
			Series - 2015 8 (Class 1A1)
	2,216,211	i	Connecticut Avenue Securities	LIBOR 1 M + 0.950%		2.502		05/25/24		2,224,067
			Series - 2014 C02 (Class 1 M1)
	4,050,576	i	Connecticut Avenue Securities	LIBOR 1 M + 1.950%		3.502		08/25/28		4,082,070
			Series - 2016 C01 (Class 1 M1)
	2,960,377	i	Connecticut Avenue Securities	LIBOR 1 M + 2.150%		3.702		09/25/28		2,989,540
			Series - 2016 C02 (Class 1 M1)
	2,382,627	i	Connecticut Avenue Securities	LIBOR 1 M + 2.000%		3.552		10/25/28		2,420,562
			Series - 2016 C03 (Class 1 M1)
	4,807,106	i	Connecticut Avenue Securities	LIBOR 1 M + 1.350%		2.902		01/25/29		4,836,450
			Series - 2016 C05 (Class 2 M1)
	9,552,735	i	Connecticut Avenue Securities	LIBOR 1 M + 1.450%		3.002		01/25/29		9,645,616
			Series - 2016 C04 (Class 1 M1)
	11,422,553	i	Connecticut Avenue Securities	LIBOR 1 M + 1.300%		2.165		07/25/29		11,539,720
			Series - 2017 C01 (Class 1 M1)
	4,720,181	i	Connecticut Avenue Securities	LIBOR 1 M + 1.150%		2.702		09/25/29		4,763,061
			Series - 2017 C02 (Class 2 M1)
	12,440,868	i	Connecticut Avenue Securities	LIBOR 1 M + 0.950%		2.502		10/25/29		12,539,770
			Series - 2017 C03 (Class 1 M1)
	3,000,000	i	Connecticut Avenue Securities	LIBOR 1 M + 2.650%		4.202		02/25/30		3,094,869
			Series - 2017 C06 (Class 1 M2)
	6,400,000	g	Core Industrial Trust			3.732		02/10/34		6,529,996
			Series - 2015 TEXW (Class C)
	1,651,000	g,i	Credit Suisse Commercial Mortgage Trust			5.676		02/15/39		1,648,260
			Series - 2006 C1 (Class H)
	12,000,000	g,i	Credit Suisse Commercial Mortgage Trust			5.897		01/15/49		15,248,596
			Series - 2007 C2 (Class C)
	1,830,001	g,i	Credit Suisse First Boston Mortgage Securities Corp			5.736		05/15/36		1,865,566
			Series - 2004 C2 (Class E)
	279,142	g	Credit Suisse First Boston Mortgage Securities Corp			6.000		05/17/40		279,729
			Series - 1998 C1 (Class F)
	3,130,000	g,i	DBUBS Mortgage Trust			5.698		11/10/46		3,352,950
			Series - 2011 LC1A (Class C)
	858,270	i	Deutsche Mortgage Securities, Inc Mortgage Loan Trust			5.440		07/25/34		875,144
			Series - 2004 5 (Class A5B)
	14,216,768	g,i	Flagstar Mortgage Trust			3.500		03/25/47		14,391,706
			Series - 2017 1 (Class 1A3)
	2,000,000	g,i	GS Mortgage Securities Corp II			3.435		12/10/27		1,999,928
			Series - 2013 KING (Class D)

231

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	4,443,000	g	GS Mortgage Securities Corp II			3.772	%	10/10/32	$	4,539,028
			Series - 2017 SLP (Class B)
	287,044	i	Homestar Mortgage Acceptance Corp	LIBOR 1 M + 0.900%		2.452		10/25/34		289,145
			Series - 2004 5 (Class A1)
	202,200	i	Impac CMB Trust	LIBOR 1 M + 0.660%		2.212		03/25/35		193,704
			Series - 2004 11 (Class 2A1)
	216,850	g	Jefferies Resecuritization Trust			5.625		09/01/37		216,878
			Series - 2009 R13 (Class 1A1)
	1,090,632	i	JP Morgan Alternative Loan Trust	LIBOR 1 M + 0.640%		2.192		01/25/36		1,058,882
			Series - 2005 A2 (Class 1A2)
	3,000,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.787		01/12/39		3,050,847
			Series - 2004 CB8 (Class H)
	2,000,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.013		02/15/46		2,095,239
			Series - 2011 C3 (Class B)
	6,170,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.360		02/15/46		6,459,845
			Series - 2011 C3 (Class C)
	3,000,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			5.631		02/15/46		2,966,508
			Series - 2011 C3 (Class E)
	258,288	g,i	JP Morgan Mortgage Trust			2.690		06/25/46		257,778
			Series - 2016 2 (Class A1)
	243,688	g	JP Morgan Mortgage Trust			2.864		06/25/46		243,555
			Series - 2016 2 (Class 2A1)
	11,287,670	g,i	JP Morgan Mortgage Trust			3.500		01/25/47		11,440,133
			Series - 2017 1 (Class A3)
	12,074,181	g,i	JP Morgan Mortgage Trust			3.500		08/25/47		12,230,300
			Series - 2017 3 (Class 1A5)
	14,455,832	g,i	JP Morgan Mortgage Trust			3.000		11/25/48		14,456,395
			Series - 2017 4 (Class A6)
	3,547,618	†,g,i	LVII Resecuritization Trust	LIBOR 1 M + 2.800%		4.042		07/25/47		3,554,269
			Series - 2015 A (Class A)
	3,342,100	i	Morgan Stanley Capital I Trust			5.389		11/12/41		3,344,657
			Series - 2006 HQ10 (Class AJ)
	6,500,000	g,i	Morgan Stanley Capital I Trust			5.951		06/11/42		7,102,814
			Series - 2007 T27 (Class B)
	619,506	i	Morgan Stanley Capital I Trust			6.247		10/15/42		618,129
			Series - 2006 IQ11 (Class AJ)
	4,214,000	g,i	Morgan Stanley Capital I Trust			5.599		06/12/47		4,388,055
			Series - 2005 T19 (Class F)
	1,051,100	i	Morgan Stanley Capital I Trust			5.995		06/11/49		1,052,693
			Series - 2007 IQ15 (Class AJ)
	71,845		Morgan Stanley Capital I Trust			4.770		07/15/56		71,692
			Series - 0 IQ9 (Class AJ)
	500,000		Morgan Stanley Capital I Trust			4.860		07/15/56		503,340
			Series - 2005 IQ9 (Class B)
	1,250,000		Morgan Stanley Capital I Trust			5.000		07/15/56		1,247,093
			Series - 2005 IQ9 (Class D)

232

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	2,724,525	i	Opteum Mortgage Acceptance Corp Asset Backed Pass-Through Certificates	LIBOR 1 M + 0.675%		2.227	%	04/25/35	$	2,722,830
			Series - 2005 2 (Class M2)
	12,068,136	g,i	Sequoia Mortgage Trust			3.000		03/25/47		12,023,243
			Series - 2017 2 (Class A5)
	13,996,832	g,i	Sequoia Mortgage Trust			3.500		04/25/47		14,185,901
			Series - 2017 3 (Class A4)
	6,168,967	g,i	Sequoia Mortgage Trust			3.500		07/25/47		6,262,226
			Series - 2017 4 (Class A4)
	9,152,541	g,i	Sequoia Mortgage Trust			3.000		08/25/47		9,160,943
			Series - 2017 5 (Class A5)
	13,674,447	g,i	Sequoia Mortgage Trust			3.500		09/25/47		13,917,200
			Series - 2017 6 (Class A4)
	16,751,936	g,i	Sequoia Mortgage Trust			4.000		12/25/47		17,053,067
			Series - 2017 CH2 (Class A10)
	7,158,719	g,i	Shellpoint Co-Originator Trust			3.500		04/25/47		7,232,983
			Series - 2017 1 (Class A4)
	13,700,000	†,g,i,m	Station Place Agency Securitization Trust	LIBOR 1 M + 1.000%		2.552		11/25/50		13,700,000
			Series - 2017 LD1 (Class B)
	2,605,755	i	Structured Adjustable Rate Mortgage Loan Trust	LIBOR 1 M + 0.370%		1.922		07/25/34		2,614,134
			Series - 2004 9XS (Class A)
	3,479,198	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.200%		3.752		03/25/25		3,507,887
			Series - 2015 HQ1 (Class M2)
	1,306,566	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.450%		3.002		07/25/28		1,309,131
			Series - 2016 DNA1 (Class M1)
	734,957	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.100%		2.652		12/25/28		736,050
			Series - 2016 DNA3 (Class M1)
	3,750,000	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.300%		2.852		03/25/29		3,805,906
			Series - 2016 DNA4 (Class M2)
	10,909,925	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.200%		2.752		07/25/29		11,035,418
			Series - 2017 DNA1 (Class M1)
	19,290,595	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.200%		2.752		10/25/29		19,593,535
			Series - 2017 DNA2 (Class M1)
	4,817,361	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 0.800%		1.959		12/25/29		4,832,899
			Series - 2017 HQA2 (Class M1)
	18,708,391	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 0.750%		2.302		03/25/30		18,780,484
			Series - 2017 DNA3 (Class M1)
	2,846,693	g	Tax Ease Funding LLC			3.131		06/15/28		2,849,757
			Series - 2016 1A (Class A)
	2,098,170	i	Wachovia Bank Commercial Mortgage Trust			6.011		02/15/51		2,095,178
			Series - 2007 C33 (Class AM)
	3,215,000		Wells Fargo Commercial Mortgage Trust			3.539		10/15/45		3,286,214
			Series - 2012 LC5 (Class AS)

233

TIAA-CREF FUNDS - Short-Term Bond Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	5,000,000		Wells Fargo Commercial Mortgage Trust		4.142	%	10/15/45	$	5,134,200
			Series - 2012 LC5 (Class B)
	749,970	g	WFRBS Commercial Mortgage Trust		4.394		06/15/44		761,503
			Series - 2011 C4 (Class A3)
			TOTAL OTHER MORTGAGE BACKED						396,947,730
			TOTAL STRUCTURED ASSETS						474,471,475
			(Cost $474,612,517)
			TOTAL BONDS						1,501,353,409
			(Cost $1,506,777,547)
SHORT-TERM INVESTMENTS - 7.1%
GOVERNMENT AGENCY DEBT - 1.4%
	22,770,000		Federal Home Loan Bank (FHLB)		1.050		01/02/18		22,770,000
			TOTAL GOVERNMENT AGENCY DEBT						22,770,000
TREASURY DEBT - 5.7%
	20,010,000		United States Cash Management Bill		0.900		01/02/18		20,010,000
	35,225,000		United States Treasury Bill		1.151-1.176		01/04/18		35,222,781
	31,680,000		United States Treasury Bill		1.202-1.219		01/11/18		31,670,674
	9,535,000		United States Treasury Bill		1.221		01/18/18		9,529,751
			TOTAL TREASURY DEBT						96,433,206
			TOTAL SHORT-TERM INVESTMENTS						119,203,206
			(Cost $119,199,299)
			TOTAL INVESTMENTS - 99.4%						1,664,169,578
			(Cost $1,669,701,979)
			OTHER ASSETS & LIABILITIES, NET - 0.6%						10,047,349
			NET ASSETS - 100.0%					$	1,674,216,927

	Abbreviation(s):
LIBOR	London Interbank Offered Rate
M	Month
MXN	Mexican peso
REIT	Real Estate Investment Trust
†	Security is categorized as Level 3 in the fair value hierarchy.
d	All or a portion of these securities have been segregated to cover margin requirements on open futures transactions.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $536,919,648 or 32.1% of net assets.
i	Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.
k	Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.
m	Indicates a security that has been deemed illiquid.

Futures contracts outstanding as of December 31, 2017 were as follows (see Note 3):

Description	Number of long (short) contracts			Expiration date	Notional amount			Value			Unrealized appreciation (depreciation)
US 10YR NOTE (CBT)		(241	)	3/20/18	$	(29,985,067	)	$	(29,895,297	)	$	89,770
US 5YR NOTE (CBT)		(510	)	3/29/18		(59,457,635	)		(59,243,672	)		213,963
Total		(751	)		$	(89,442,702	)	$	(89,138,969	)	$	303,733

234

TIAA-CREF FUNDS - Short-Term Bond Index Fund

TIAA-CREF FUNDS

SHORT-TERM BOND INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
BONDS - 99.4%
CORPORATE BONDS - 24.4%
AUTOMOBILES & COMPONENTS - 0.1%
$	100,000	Honeywell International, Inc		1.400	%	10/30/19	$	98,905
	100,000	Honeywell International, Inc		1.800		10/30/19		99,460
		TOTAL AUTOMOBILES & COMPONENTS						198,365
BANKS - 6.5%
	250,000	Australia & New Zealand Banking Group Ltd		2.050		09/23/19		249,087
	250,000	Australia & New Zealand Banking Group Ltd		2.250		11/09/20		248,439
	700,000	Bank of America Corp		2.650		04/01/19		703,919
	200,000	Bank of America Corp		2.151		11/09/20		199,069
	300,000	Bank of America Corp		5.875		01/05/21		330,340
	250,000	Bank of America Corp		2.369		07/21/21		249,545
	400,000	Bank of America Corp		2.328		10/01/21		398,844
	100,000	Bank of Montreal		1.500		07/18/19		99,019
	100,000	Bank of Montreal		1.750		09/11/19		99,187
	100,000	Bank of Montreal		2.100		12/12/19		99,711
	100,000	Bank of Montreal		2.100		06/15/20		99,370
	100,000	Bank of Nova Scotia		1.950		01/15/19		99,921
	300,000	Bank of Nova Scotia		1.650		06/14/19		297,624
	100,000	Bank of Nova Scotia		2.150		07/14/20		99,498
	300,000	Barclays plc		2.750		11/08/19		300,626
	200,000	Barclays plc		3.250		01/12/21		201,882
	100,000	BB&T Corp		2.150		02/01/21		99,046
	300,000	BPCE S.A.		2.650		02/03/21		300,695
	250,000	Branch Banking & Trust Co		1.450		05/10/19		247,611
	250,000	Branch Banking & Trust Co		2.100		01/15/20		249,424
	250,000	Branch Banking & Trust Co		2.250		06/01/20		249,568
	100,000	Canadian Imperial Bank of Commerce		1.600		09/06/19		98,959
	100,000	Canadian Imperial Bank of Commerce		2.100		10/05/20		99,223
	300,000	Capital One Bank USA NA		2.950		07/23/21		301,757
	250,000	CitiBank NA		2.000		03/20/19		249,498
	250,000	CitiBank NA		1.850		09/18/19		248,437
	250,000	CitiBank NA		2.100		06/12/20		248,349
	100,000	CitiBank NA		2.125		10/20/20		99,037
	100,000	Citigroup, Inc		2.050		06/07/19		99,701
	500,000	Citigroup, Inc		2.450		01/10/20		500,205
	250,000	Citizens Bank NA		2.250		03/02/20		248,795
	250,000	Citizens Bank NA		2.250		10/30/20		247,669
	200,000	Comerica, Inc		2.500		06/02/20		199,724
	250,000	Commonwealth Bank of Australia		2.050		03/15/19		249,708
	250,000	Commonwealth Bank of Australia		2.300		09/06/19		250,314
	250,000	Cooperatieve Rabobank UA		1.375		08/09/19		246,623
	300,000	Deutsche Bank AG		2.850		05/10/19		300,974

235

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	100,000	Deutsche Bank AG.		2.700	%	07/13/20	$	99,504
	250,000	Discover Bank		3.100		06/04/20		252,952
	150,000	Fifth Third Bancorp		2.300		03/15/19		150,103
	200,000	Fifth Third Bank		1.625		09/27/19		197,669
	200,000	Fifth Third Bank		2.200		10/30/20		198,753
	300,000	HSBC USA, Inc		2.350		03/05/20		299,945
	200,000	HSBC USA, Inc		2.750		08/07/20		201,083
	250,000	Huntington National Bank		2.375		03/10/20		249,605
	250,000	Industrial & Commercial Bank of China Ltd		2.157		11/13/18		249,311
	200,000	Intesa Sanpaolo S.p.A		3.875		01/15/19		202,655
	200,000	JPMorgan Chase & Co		1.850		03/22/19		199,195
	500,000	JPMorgan Chase & Co		2.750		06/23/20		504,334
	700,000	JPMorgan Chase & Co		2.550		10/29/20		702,008
	250,000	JPMorgan Chase Bank NA		1.450		09/21/18		248,944
	250,000	JPMorgan Chase Bank NA		1.650		09/23/19		247,862
	175,000	KeyBank NA		2.350		03/08/19		175,308
	250,000	KeyBank NA		2.250		03/16/20		249,253
	100,000	Lloyds Bank plc		2.700		08/17/20		100,383
	150,000	Manufacturers & Traders Trust Co		2.300		01/30/19		150,399
	250,000	Manufacturers & Traders Trust Co		2.050		08/17/20		248,147
	100,000	MUFG Americas Holdings Corp		2.250		02/10/20		99,451
	100,000	National Australia Bank Ltd		1.375		07/12/19		98,744
	250,000	National Australia Bank Ltd		2.250		01/10/20		249,738
	250,000	National Bank of Canada		2.200		11/02/20		248,985
	250,000	PNC Bank NA		1.950		03/04/19		249,543
	250,000	PNC Bank NA		1.450		07/29/19		246,835
	250,000	PNC Bank NA		2.000		05/19/20		247,948
	250,000	PNC Bank NA		2.450		11/05/20		250,357
	200,000	Royal Bank of Canada		2.000		12/10/18		199,784
	100,000	Royal Bank of Canada		1.625		04/15/19		99,291
	300,000	Royal Bank of Canada		1.500		07/29/19		296,541
	100,000	Royal Bank of Canada		2.125		03/02/20		99,694
	100,000	Royal Bank of Canada		2.150		10/26/20		99,347
	100,000	Santander Holdings USA, Inc		2.700		05/24/19		100,210
	200,000	Santander UK Group Holdings plc		2.875		10/16/20		200,660
	100,000	Santander UK plc		2.500		03/14/19		100,300
	200,000	Santander UK plc		2.125		11/03/20		198,377
	250,000	Skandinaviska Enskilda Banken AB		1.500		09/13/19		246,772
	100,000	Sumitomo Mitsui Banking Corp		2.050		01/18/19		99,843
	250,000	Sumitomo Mitsui Banking Corp		2.092		10/18/19		248,786
	250,000	Sumitomo Mitsui Banking Corp		2.650		07/23/20		251,167
	100,000	SunTrust Bank		2.250		01/31/20		99,840
	250,000	Svenska Handelsbanken AB		1.500		09/06/19		247,011
	250,000	Svenska Handelsbanken AB		1.950		09/08/20		247,308
	300,000	Toronto-Dominion Bank		1.950		01/22/19		299,662
	100,000	Toronto-Dominion Bank		1.450		08/13/19		98,826
	100,000	Toronto-Dominion Bank		1.900		10/24/19		99,417
	100,000	Toronto-Dominion Bank		1.850		09/11/20		98,887
	300,000	Toronto-Dominion Bank		2.500		12/14/20		300,936
	450,000	US Bank NA		2.000		01/24/20		448,076
	250,000	Wells Fargo Bank NA		1.750		05/24/19		248,589
	250,000	Wells Fargo Bank NA		2.150		12/06/19		249,584
	100,000	Westpac Banking Corp		1.650		05/13/19		99,243

236

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	100,000	Westpac Banking Corp		1.600	%	08/19/19	$	98,951
	400,000	Westpac Banking Corp		2.150		03/06/20		398,196
	300,000	Westpac Banking Corp		2.300		05/26/20		300,113
		TOTAL BANKS						20,805,823
CAPITAL GOODS - 1.0%
	200,000	Air Lease Corp		2.125		01/15/20		198,521
	100,000	Caterpillar Financial Services Corp		1.900		03/22/19		99,840
	100,000	Caterpillar Financial Services Corp		1.350		05/18/19		99,013
	100,000	Caterpillar Financial Services Corp		2.000		11/29/19		99,773
	100,000	Caterpillar Financial Services Corp		2.100		01/10/20		99,787
	200,000	Caterpillar Financial Services Corp		2.000		03/05/20		199,045
	100,000	Caterpillar Financial Services Corp		1.850		09/04/20		98,826
	200,000	Danaher Corp		1.650		09/15/18		199,643
	100,000	Fortive Corp		1.800		06/15/19		99,269
	100,000	Illinois Tool Works, Inc		6.250		04/01/19		104,939
	100,000	Ingersoll-Rand Luxembourg Finance S.A.		2.625		05/01/20		99,967
	100,000	John Deere Capital Corp		1.950		01/08/19		99,915
	100,000	John Deere Capital Corp		2.200		03/13/20		99,889
	500,000	John Deere Capital Corp		2.550		01/08/21		501,885
	300,000	Lam Research Corp		2.750		03/15/20		302,107
	100,000	Lockheed Martin Corp		1.850		11/23/18		99,877
	175,000	Raytheon Co		3.125		10/15/20		179,008
	100,000	Rockwell Collins, Inc		1.950		07/15/19		99,478
	100,000	Roper Technologies, Inc		3.000		12/15/20		101,183
	150,000	United Technologies Corp		1.500		11/01/19		148,219
	100,000	United Technologies Corp		1.900		05/04/20		99,009
		TOTAL CAPITAL GOODS						3,129,193
COMMERCIAL & PROFESSIONAL SERVICES - 0.2%
	100,000	eBay, Inc		2.150		06/05/20		99,291
	150,000	Republic Services, Inc		5.000		03/01/20		158,013
	70,000	Thomson Reuters Corp		4.700		10/15/19		72,867
	300,000	Visa, Inc		2.200		12/14/20		299,741
		TOTAL COMMERCIAL & PROFESSIONAL SERVICES						629,912
CONSUMER DURABLES & APPAREL - 0.1%
	100,000	DR Horton, Inc		3.750		03/01/19		101,338
	100,000	DR Horton, Inc		2.550		12/01/20		99,843
	100,000	Newell Rubbermaid, Inc		3.150		04/01/21		101,109
		TOTAL CONSUMER DURABLES & APPAREL						302,290
CONSUMER SERVICES - 0.1%
	250,000	McDonald’s Corp		2.750		12/09/20		252,575
	100,000	Starbucks Corp		2.200		11/22/20		99,979
		TOTAL CONSUMER SERVICES						352,554
DIVERSIFIED FINANCIALS - 4.6%
	300,000	AerCap Ireland Capital DAC		4.250		07/01/20		311,280
	200,000	AerCap Ireland Capital Ltd		5.000		10/01/21		213,175
	100,000	American Express Co		2.200		10/30/20		99,172

237

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	75,000	American Express Credit Corp		1.875	%	11/05/18	$	74,966
	200,000	American Express Credit Corp		1.875		05/03/19		199,179
	100,000	American Express Credit Corp		1.700		10/30/19		98,956
	300,000	American Express Credit Corp		2.200		03/03/20		299,075
	200,000	American Express Credit Corp		2.375		05/26/20		199,756
	100,000	American Honda Finance Corp		1.200		07/12/19		98,607
	200,000	American Honda Finance Corp		2.000		11/13/19		199,292
	100,000	American Honda Finance Corp		2.000		02/14/20		99,482
	100,000	American Honda Finance Corp		1.950		07/20/20		99,206
	200,000	Ameriprise Financial, Inc		5.300		03/15/20		212,143
	100,000	Ares Capital Corp		3.875		01/15/20		101,762
	100,000	Bank of New York Mellon Corp		2.300		09/11/19		100,251
	250,000	Bank of New York Mellon Corp		2.150		02/24/20		249,629
	300,000	Bank of New York Mellon Corp		2.500		04/15/21		300,647
	100,000	BlackRock, Inc		5.000		12/10/19		105,147
	200,000	BNP Paribas S.A.		2.375		05/21/20		200,237
	400,000	Capital One Financial Corp		2.400		10/30/20		397,516
	100,000	CBOE Holdings, Inc		1.950		06/28/19		99,359
	100,000	Credit Suisse		2.300		05/28/19		100,088
	651,000	Credit Suisse Group Funding Guernsey Ltd		3.125		12/10/20		659,232
	200,000	Ford Motor Credit Co LLC		2.262		03/28/19		199,684
	200,000	Ford Motor Credit Co LLC		2.021		05/03/19		199,077
	100,000	Ford Motor Credit Co LLC		1.897		08/12/19		99,237
	200,000	Ford Motor Credit Co LLC		2.681		01/09/20		200,472
	175,000	Ford Motor Credit Co LLC		2.425		06/12/20		173,952
	200,000	Ford Motor Credit Co LLC		2.343		11/02/20		198,087
	500,000	GE Capital International Funding Co		2.342		11/15/20		497,658
	400,000	General Electric Capital Corp		2.200		01/09/20		399,571
	100,000	General Motors Financial Co, Inc		3.100		01/15/19		100,535
	100,000	General Motors Financial Co, Inc		2.400		05/09/19		100,016
	100,000	General Motors Financial Co, Inc		2.350		10/04/19		99,695
	300,000	General Motors Financial Co, Inc		2.650		04/13/20		300,045
	100,000	General Motors Financial Co, Inc		2.450		11/06/20		99,241
	100,000	Goldman Sachs Group, Inc		2.000		04/25/19		99,690
	100,000	Goldman Sachs Group, Inc		1.950		07/23/19		99,407
	1,200,000	Goldman Sachs Group, Inc		2.300		12/13/19		1,199,084
	200,000	Goldman Sachs Group, Inc		2.600		12/27/20		199,963
	200,000	IBM Credit LLC		1.625		09/06/19		198,629
	100,000	Jefferies Group, Inc		8.500		07/15/19		108,607
	100,000	Morgan Stanley		2.450		02/01/19		100,246
	700,000	Morgan Stanley		2.375		07/23/19		700,719
	500,000	Morgan Stanley		2.650		01/27/20		502,230
	500,000	Morgan Stanley		2.800		06/16/20		504,479
	100,000	National Rural Utilities Cooperative Finance Corp		1.650		02/08/19		99,528
	250,000	National Rural Utilities Cooperative Finance Corp		2.300		11/15/19		250,661
	116,000	Nomura Holdings, Inc		6.700		03/04/20		125,676
	50,000	Oesterreichische Kontrollbank AG.		1.125		05/29/18		49,885
	100,000	Oesterreichische Kontrollbank AG.		1.125		04/26/19		98,810
	250,000	Oesterreichische Kontrollbank AG.		1.500		10/21/20		245,334
	100,000	PACCAR Financial Corp		1.950		02/27/20		99,435
	400,000	Shire Acquisitions Investments Ireland DAC		1.900		09/23/19		396,336
	300,000	State Street Corp		2.550		08/18/20		301,969
	200,000	Synchrony Financial		2.600		01/15/19		200,366

238

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	100,000	Toyota Motor Credit Corp		1.700	%	01/09/19	$	99,792
	100,000	Toyota Motor Credit Corp		1.700		02/19/19		99,548
	100,000	Toyota Motor Credit Corp		1.400		05/20/19		99,088
	100,000	Toyota Motor Credit Corp		1.550		10/18/19		99,101
	100,000	Toyota Motor Credit Corp		1.950		04/17/20		99,591
	200,000	Toyota Motor Credit Corp		3.400		09/15/21		206,925
	500,000	UBS AG.		2.350		03/26/20		499,571
	150,000	Unilever Capital Corp		1.800		05/05/20		148,886
	400,000	Wells Fargo & Co		2.600		07/22/20		402,436
	300,000	Wells Fargo & Co		3.000		01/22/21		304,247
		TOTAL DIVERSIFIED FINANCIALS						14,825,666
ENERGY - 1.5%
	100,000	Anadarko Petroleum Corp		8.700		03/15/19		107,210
	100,000	BP Capital Markets plc		1.676		05/03/19		99,465
	100,000	BP Capital Markets plc		1.768		09/19/19		99,422
	200,000	BP Capital Markets plc		2.315		02/13/20		200,475
	200,000	BP Capital Markets plc		3.561		11/01/21		207,860
	100,000	Cenovus Energy, Inc		5.700		10/15/19		105,180
	100,000	Chevron Corp		1.561		05/16/19		99,420
	200,000	Chevron Corp		1.961		03/03/20		199,285
	100,000	Chevron Corp		1.991		03/03/20		99,142
	300,000	Chevron Corp		2.427		06/24/20		301,448
	150,000	ConocoPhillips Co		2.200		05/15/20		149,654
	100,000	Enbridge Energy Partners LP		4.375		10/15/20		104,208
	200,000	Enterprise Products Operating LLC		5.200		09/01/20		213,672
	100,000	EOG Resources, Inc		2.450		04/01/20		100,280
	100,000	EQT Corp		2.500		10/01/20		99,296
	100,000	Exxon Mobil Corp		1.708		03/01/19		99,759
	150,000	Exxon Mobil Corp		1.912		03/06/20		149,215
	360,000	Kinder Morgan, Inc		3.050		12/01/19		363,112
	375,000	Petroleos Mexicanos		5.500		02/04/19		387,544
	150,000	Plains All American Pipeline LP		2.600		12/15/19		149,129
	100,000	Shell International Finance BV		1.375		05/10/19		99,130
	600,000	Shell International Finance BV		1.375		09/12/19		592,577
	150,000	Shell International Finance BV		4.375		03/25/20		156,843
	300,000	Total Capital S.A.		4.450		06/24/20		315,764
	100,000	TransCanada PipeLines Ltd		3.125		01/15/19		100,908
	200,000	TransCanada PipeLines Ltd		2.125		11/15/19		199,289
	100,000	Valero Energy Corp		6.125		02/01/20		107,694
		TOTAL ENERGY						4,906,981
FOOD & STAPLES RETAILING - 0.3%
	350,000	CVS Health Corp		2.800		07/20/20		351,435
	100,000	Kroger Co		2.000		01/15/19		99,814
	100,000	Kroger Co		1.500		09/30/19		98,573
	150,000	SYSCO Corp		1.900		04/01/19		149,574
	250,000	Walgreens Boots Alliance, Inc		2.700		11/18/19		251,490
		TOTAL FOOD & STAPLES RETAILING						950,886

239

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
FOOD, BEVERAGE & TOBACCO - 1.2%
$	100,000		Altria Group, Inc		9.250	%	08/06/19	$	110,854
	100,000		Altria Group, Inc		2.625		01/14/20		100,639
	750,000		Anheuser-Busch InBev Finance, Inc		1.900		02/01/19		748,394
	200,000		Anheuser-Busch InBev Worldwide, Inc		5.000		04/15/20		212,203
	100,000	g	BAT Capital Corp		2.297		08/14/20		99,443
	100,000		Coca-Cola Co		1.375		05/30/19		99,153
	300,000		Coca-Cola Co		3.150		11/15/20		308,162
	200,000		Coca-Cola Femsa SAB de C.V.		4.625		02/15/20		209,477
	100,000		Constellation Brands, Inc		2.000		11/07/19		99,341
	100,000		Constellation Brands, Inc		2.250		11/06/20		99,075
	100,000		General Mills, Inc		2.200		10/21/19		99,963
	100,000		JM Smucker Co		2.200		12/06/19		99,846
	100,000		Kraft Foods, Inc		5.375		02/10/20		105,711
	100,000		Kraft Heinz Foods Co		2.800		07/02/20		100,570
	138,000		Mead Johnson Nutrition Co		3.000		11/15/20		140,057
	100,000		Molson Coors Brewing Co		1.450		07/15/19		98,741
	100,000		Molson Coors Brewing Co		2.250		03/15/20		99,490
	100,000		PepsiCo, Inc		1.500		02/22/19		99,536
	100,000		PepsiCo, Inc		1.550		05/02/19		99,441
	100,000		PepsiCo, Inc		1.350		10/04/19		98,799
	300,000		PepsiCo, Inc		3.125		11/01/20		307,812
	100,000		Philip Morris International, Inc		1.375		02/25/19		99,214
	100,000		Philip Morris International, Inc		1.875		11/01/19		99,377
	100,000		Philip Morris International, Inc		2.000		02/21/20		99,372
	200,000		Reynolds American, Inc		3.250		06/12/20		203,206
			TOTAL FOOD, BEVERAGE & TOBACCO						3,937,876
HEALTH CARE EQUIPMENT & SERVICES - 0.5%
	100,000		Anthem, Inc		2.500		11/21/20		99,784
	100,000		Becton Dickinson and Co		2.133		06/06/19		99,771
	200,000		Becton Dickinson and Co		2.404		06/05/20		198,903
	200,000		Boston Scientific Corp		2.850		05/15/20		201,573
	100,000		Cardinal Health, Inc		1.948		06/14/19		99,376
	100,000		Express Scripts Holding Co		2.250		06/15/19		99,829
	100,000		Express Scripts Holding Co		2.600		11/30/20		99,900
	100,000		McKesson Corp		2.284		03/15/19		100,012
	200,000		Medtronic, Inc		2.500		03/15/20		201,172
	100,000		Stryker Corp		2.000		03/08/19		99,838
	200,000		Thermo Fisher Scientific, Inc		2.400		02/01/19		200,474
	100,000		Zimmer Holdings, Inc		2.700		04/01/20		100,043
			TOTAL HEALTH CARE EQUIPMENT & SERVICES						1,600,675
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
	100,000		Ecolab, Inc		2.000		01/14/19		99,828
	100,000		Estee Lauder Cos, Inc		1.800		02/07/20		99,253
	200,000		Procter & Gamble Co		1.900		11/01/19		199,509
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS						398,590
INSURANCE - 0.6%
	200,000		ACE INA Holdings, Inc		2.300		11/03/20		199,667
	200,000		Aflac, Inc		2.400		03/16/20		200,154
	100,000		American International Group, Inc		2.300		07/16/19		99,915

240

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	100,000	Berkshire Hathaway Finance Corp		1.700	%	03/15/19	$	99,669
	100,000	Berkshire Hathaway Finance Corp		1.300		08/15/19		98,727
	260,000	Hartford Financial Services Group, Inc		5.500		03/30/20		277,095
	100,000	Humana, Inc		2.500		12/15/20		99,916
	100,000	MetLife, Inc		7.717		02/15/19		106,245
	100,000	Prudential Financial, Inc		2.350		08/15/19		100,057
	100,000	UnitedHealth Group, Inc		1.700		02/15/19		99,630
	200,000	UnitedHealth Group, Inc		2.700		07/15/20		202,299
	100,000	UnitedHealth Group, Inc		1.950		10/15/20		99,079
	200,000	WellPoint, Inc		2.250		08/15/19		199,606
		TOTAL INSURANCE						1,882,059
MATERIALS - 0.4%
	100,000	Dow Chemical Co		8.550		05/15/19		108,309
	75,000	Dow Chemical Co		4.250		11/15/20		78,322
	100,000	EI du Pont de Nemours & Co		4.625		01/15/20		104,839
	100,000	EI du Pont de Nemours & Co		2.200		05/01/20		99,906
	100,000	Kimberly-Clark Corp		1.400		02/15/19		99,279
	400,000	LyondellBasell Industries NV		5.000		04/15/19		410,664
	200,000	Newmont Mining Corp		3.500		03/15/22		204,152
	100,000	Packaging Corp of America		2.450		12/15/20		100,133
	100,000	Praxair, Inc		2.250		09/24/20		99,791
	100,000	Sherwin-Williams Co		2.250		05/15/20		99,659
		TOTAL MATERIALS						1,405,054
MEDIA - 0.6%
	200,000	CBS Corp		2.300		08/15/19		199,840
	200,000	Charter Communications Operating LLC		3.579		07/23/20		203,715
	100,000	Comcast Corp		5.150		03/01/20		105,977
	100,000	Discovery Communications LLC		5.050		06/01/20		105,119
	200,000	NBC Universal Media LLC		5.150		04/30/20		213,071
	200,000	Omnicom Group, Inc		4.450		08/15/20		209,795
	400,000	Time Warner Cable, Inc		8.250		04/01/19		427,482
	150,000	Time Warner, Inc		2.100		06/01/19		149,697
	100,000	Walt Disney Co		0.875		07/12/19		98,171
	100,000	Walt Disney Co		1.950		03/04/20		99,669
	200,000	Walt Disney Co		1.800		06/05/20		198,331
		TOTAL MEDIA						2,010,867
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.4%
	100,000	Abbott Laboratories		2.000		09/15/18		99,978
	200,000	Abbott Laboratories		2.350		11/22/19		200,021
	200,000	Abbott Laboratories		2.800		09/15/20		201,331
	450,000	AbbVie, Inc		2.500		05/14/20		451,360
	500,000	Actavis Funding SCS		3.000		03/12/20		504,470
	200,000	Amgen, Inc		2.200		05/22/19		200,024
	200,000	Amgen, Inc		2.125		05/01/20		198,924
	150,000	Amgen, Inc		2.200		05/11/20		149,162
	200,000	AstraZeneca plc		2.375		11/16/20		199,682
	200,000	Biogen, Inc		2.900		09/15/20		202,710

241

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	100,000		Bristol-Myers Squibb Co		1.600	%	02/27/19	$	99,515
	100,000		Celgene Corp		2.250		05/15/19		99,855
	100,000		Gilead Sciences, Inc		1.850		09/20/19		99,574
	200,000		Gilead Sciences, Inc		2.550		09/01/20		201,763
	100,000		Johnson & Johnson		1.125		03/01/19		98,989
	100,000		Johnson & Johnson		1.950		11/10/20		99,519
	100,000		Merck & Co, Inc		1.850		02/10/20		99,437
	100,000		Mylan NV		2.500		06/07/19		99,888
	300,000		Novartis Capital Corp		1.800		02/14/20		297,784
	150,000		Novartis Securities Investment Ltd		5.125		02/10/19		154,935
	100,000		Pfizer, Inc		1.450		06/03/19		99,202
	600,000		Pfizer, Inc		1.700		12/15/19		596,154
	100,000		Teva Pharmaceutical Finance Co LLC		2.250		03/18/20		96,698
	100,000		Teva Pharmaceutical Finance Netherlands III BV		1.700		07/19/19		97,150
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES						4,648,125
REAL ESTATE - 0.3%
	250,000		HCP, Inc		2.625		02/01/20		250,884
	300,000		Health Care REIT, Inc		4.125		04/01/19		305,325
	100,000		Simon Property Group LP		2.500		09/01/20		100,356
	200,000		Ventas Realty LP		4.750		06/01/21		211,920
			TOTAL REAL ESTATE						868,485
RETAILING - 0.4%
	200,000		Amazon.com, Inc		2.600		12/05/19		202,018
	100,000	g	Amazon.com, Inc		1.900		08/21/20		99,173
	100,000		Costco Wholesale Corp		1.750		02/15/20		99,359
	100,000		Home Depot, Inc		2.000		06/15/19		100,034
	100,000		Home Depot, Inc		1.800		06/05/20		99,198
	100,000		Lowe’s Cos, Inc		1.150		04/15/19		98,871
	100,000		Target Corp		2.300		06/26/19		100,471
	200,000		Wal-Mart Stores, Inc		3.250		10/25/20		206,035
	200,000		Wal-Mart Stores, Inc		1.900		12/15/20		198,696
			TOTAL RETAILING						1,203,855
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.2%
	100,000		Intel Corp		1.850		05/11/20		99,535
	200,000		Intel Corp		2.450		07/29/20		202,166
	200,000		Texas Instruments, Inc		1.750		05/01/20		198,242
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT						499,943
SOFTWARE & SERVICES - 0.9%
	250,000		Adobe Systems, Inc		4.750		02/01/20		262,515
	100,000		Baidu, Inc		3.000		06/30/20		100,425
	200,000		CA, Inc		5.375		12/01/19		209,749
	100,000		DXC Technology Co		2.875		03/27/20		100,481
	150,000		Fidelity National Information Services, Inc		3.000		08/15/26		144,945
	300,000		International Business Machines Corp		1.800		05/17/19		299,195
	100,000		International Business Machines Corp		1.900		01/27/20		99,537
	100,000		Juniper Networks, Inc		3.125		02/26/19		100,776
	200,000		Microsoft Corp		1.100		08/08/19		197,306
	300,000		Microsoft Corp		1.850		02/06/20		299,096

242

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
$	300,000		Microsoft Corp		2.000	%	11/03/20	$	298,810
	500,000		Oracle Corp		3.875		07/15/20		521,290
	100,000		VMware, Inc		2.300		08/21/20		99,426
	100,000		Xerox Corp		2.750		03/15/19		99,999
			TOTAL SOFTWARE & SERVICES						2,833,550
TECHNOLOGY HARDWARE & EQUIPMENT - 1.0%
	100,000		Amphenol Corp		2.200		04/01/20		99,500
	100,000		Apple, Inc		1.550		02/08/19		99,667
	200,000		Apple, Inc		1.100		08/02/19		197,229
	200,000		Apple, Inc		1.500		09/12/19		198,311
	100,000		Apple, Inc		1.800		11/13/19		99,628
	100,000		Apple, Inc		1.900		02/07/20		99,694
	100,000		Apple, Inc		1.800		05/11/20		99,147
	100,000		Apple, Inc		2.000		11/13/20		99,361
	292,000	g	Broadcom Corp		2.375		01/15/20		290,010
	100,000	g	Broadcom Corp		2.200		01/15/21		97,780
	100,000		Cisco Systems, Inc		1.600		02/28/19		99,562
	100,000		Cisco Systems, Inc		1.400		09/20/19		98,946
	200,000		Cisco Systems, Inc		4.450		01/15/20		209,141
	300,000		Cisco Systems, Inc		2.450		06/15/20		301,943
	300,000	g	Diamond Finance Corp		3.480		06/01/19		303,732
	300,000		Hewlett Packard Enterprise Co		3.600		10/15/20		306,278
	250,000		L-3 Communications Corp		4.950		02/15/21		264,752
	100,000		QUALCOMM, Inc		1.850		05/20/19		99,613
	100,000		QUALCOMM, Inc		2.100		05/20/20		99,573
	100,000		QUALCOMM, Inc		2.250		05/20/20		99,214
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						3,263,081
TELECOMMUNICATION SERVICES - 0.8%
	200,000		Alibaba Group Holding Ltd		2.500		11/28/19		200,583
	250,000		America Movil SAB de C.V.		5.000		03/30/20		263,462
	300,000		American Tower Corp		3.400		02/15/19		303,378
	400,000		AT&T, Inc		2.300		03/11/19		400,397
	264,000		AT&T, Inc		5.200		03/15/20		279,038
	200,000		AT&T, Inc		2.450		06/30/20		199,768
	197,000		Deutsche Telekom International Finance BV		6.000		07/08/19		207,705
	300,000		Orange S.A.		1.625		11/03/19		296,229
	250,000		Telefonica Emisiones SAU		5.134		04/27/20		264,637
	99,000		Verizon Communications, Inc		2.946		03/15/22		99,591
	100,000		Vodafone Group plc		5.450		06/10/19		104,498
			TOTAL TELECOMMUNICATION SERVICES						2,619,286
TRANSPORTATION - 0.5%
	200,000		Boeing Co		1.650		10/30/20		197,291
	100,000		Delta Air Lines, Inc		2.875		03/13/20		100,666
	100,000		Delta Air Lines, Inc		2.600		12/04/20		99,678
	100,000		FedEx Corp		2.300		02/01/20		99,983
	200,000		Northrop Grumman Corp		2.080		10/15/20		198,356
	100,000		Royal Caribbean Cruises Ltd		2.650		11/28/20		99,918
	250,000		Ryder System, Inc		2.500		05/11/20		250,229

243

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	250,000	Union Pacific Corp		2.250	%	06/19/20	$	250,297
	100,000	United Parcel Service, Inc		5.125		04/01/19		103,710
	100,000	United Parcel Service, Inc		2.050		04/01/21		99,462
		TOTAL TRANSPORTATION						1,499,590
UTILITIES - 1.1%
	200,000	Berkshire Hathaway Energy Co		2.400		02/01/20		200,923
	100,000	Consolidated Edison, Inc		2.000		03/15/20		99,449
	100,000	Consumers Energy Co		6.125		03/15/19		104,545
	100,000	Dominion Energy, Inc		2.579		07/01/20		100,035
	100,000	Dominion Resources, Inc		1.875		01/15/19		99,694
	75,000	Dominion Resources, Inc		1.600		08/15/19		74,167
	100,000	Dominion Resources, Inc		2.962		07/01/19		100,765
	300,000	Duke Energy Carolinas LLC		4.300		06/15/20		314,198
	100,000	Edison International		2.125		04/15/20		99,117
	100,000	Emera US Finance LP		2.150		06/15/19		99,602
	200,000	Energy Transfer Partners LP		4.150		10/01/20		206,516
	200,000	Exelon Generation Co LLC		2.950		01/15/20		202,032
	100,000	Georgia Power Co		2.000		03/30/20		99,349
	100,000	Georgia Power Co		2.000		09/08/20		99,418
	200,000	Indiana Michigan Power Co		7.000		03/15/19		210,848
	200,000	Medtronic Global Holdings S.C.A		1.700		03/28/19		199,154
	100,000	NextEra Energy Capital Holdings, Inc		2.300		04/01/19		99,938
	100,000	Northern States Power Co		2.200		08/15/20		99,906
	300,000	Pacific Gas & Electric Co		3.500		10/01/20		307,375
	100,000	Pinnacle West Capital Corp		2.250		11/30/20		99,520
	100,000	Public Service Enterprise Group, Inc		1.600		11/15/19		98,341
	100,000	Sempra Energy		1.625		10/07/19		98,743
	100,000	Southern Co		1.850		07/01/19		99,386
	100,000	Southern Power Co		1.950		12/15/19		99,166
	200,000	Williams Partners LP		5.250		03/15/20		211,253
		TOTAL UTILITIES						3,523,440
		TOTAL CORPORATE BONDS						78,296,146
		(Cost $78,722,851)
GOVERNMENT BONDS -  75.0%
AGENCY SECURITIES - 5.2%
	750,000	Federal Farm Credit Bank (FFCB)		0.750		04/18/18		748,366
	2,500,000	Federal Home Loan Bank (FHLB)		0.875		06/29/18		2,490,737
	2,400,000	FHLB		1.875		03/13/20		2,389,164
	750,000	FHLB		1.125		07/14/21		724,998
	1,500,000	Federal Home Loan Mortgage Corp (FHLMC)		0.875		03/07/18		1,498,760
	2,300,000	FHLMC		1.250		08/01/19		2,277,269
	1,500,000	FHLMC		1.875		11/17/20		1,492,026
	1,050,000	Federal National Mortgage Association (FNMA)		0.875		08/02/19		1,033,065
	3,500,000	FNMA		1.750		11/26/19		3,487,729
	300,000	Private Export Funding Corp (PEFCO)		1.450		08/15/19		297,299
	200,000	Ukraine Government AID Bonds		1.847		05/29/20		199,169
		TOTAL AGENCY SECURITIES						16,638,582

244

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
FOREIGN GOVERNMENT BONDS - 7.2%
$	100,000	African Development Bank		1.625	%	10/02/18	$	99,806
	200,000	African Development Bank		1.000		11/02/18		198,557
	200,000	African Development Bank		1.875		03/16/20		199,134
	200,000	Asian Development Bank		0.875		10/05/18		198,585
	100,000	Asian Development Bank		1.375		01/15/19		99,431
	400,000	Asian Development Bank		1.875		04/12/19		399,509
	300,000	Asian Development Bank		1.750		01/10/20		298,346
	500,000	Asian Development Bank		1.375		03/23/20		492,681
	200,000	Canada Government International Bond		1.625		02/27/19		199,287
	200,000	Colombia Government International Bond		7.375		03/18/19		211,800
	100,000	Corp Andina de Fomento		2.000		05/10/19		99,640
	100,000	Corp Andina de Fomento		2.200		07/18/20		99,220
	300,000	Council Of Europe Development Bank		1.000		02/04/19		296,784
	100,000	Council Of Europe Development Bank		1.500		05/17/19		99,349
	600,000	European Bank for Reconstruction & Development		1.750		11/26/19		596,807
	500,000	European Investment Bank		1.000		06/15/18		498,312
	600,000	European Investment Bank		1.250		05/15/19		594,103
	200,000	European Investment Bank		1.625		08/14/20		197,494
	2,000,000	European Investment Bank		2.875		09/15/20		2,038,807
	100,000	Export Development Canada		1.000		11/01/18		99,260
	100,000	Export Development Canada		1.250		12/10/18		99,308
	100,000	Export Development Canada		1.250		02/04/19		99,323
	100,000	Export Development Canada		1.625		01/17/20		99,202
	100,000	Export Development Canada		1.625		06/01/20		98,961
	250,000	Export Development Canada		2.000		11/30/20		248,989
	200,000	Export-Import Bank of Korea		1.750		05/26/19		197,617
	250,000	Export-Import Bank of Korea		2.500		11/01/20		247,414
	200,000	FMS Wertmanagement AoeR		1.000		08/16/19		196,739
	350,000	FMS Wertmanagement AoeR		1.750		01/24/20		347,846
	100,000	Inter-American Development Bank		1.125		08/28/18		99,568
	100,000	Inter-American Development Bank		1.000		05/13/19		98,725
	500,000	Inter-American Development Bank		1.750		10/15/19		497,634
	636,000	Inter-American Development Bank		1.375		07/15/20		625,240
	100,000	International Bank for Reconstruction & Development		1.000		10/05/18		99,373
	600,000	International Bank for Reconstruction & Development		1.250		07/26/19		593,281
	500,000	International Bank for Reconstruction & Development		1.875		10/07/19		498,857
	1,200,000	International Bank for Reconstruction & Development		1.875		04/21/20		1,194,733
	200,000	International Bank for Reconstruction & Development		1.625		09/04/20		197,472
	75,000	International Finance Corp		1.250		11/27/18		74,550
	500,000	International Finance Corp		1.750		03/30/20		496,725
	200,000	Israel Government International Bond		5.125		03/26/19		207,507
	400,000	Japan Bank for International Cooperation		2.250		02/24/20		398,242
	100,000	Japan Bank for International Cooperation		2.125		06/01/20		99,392
	150,000	Japan Bank for International Cooperation		2.125		07/21/20		148,844
	200,000	Japan Bank for International Cooperation		2.125		11/16/20		198,285
	100,000	KFW		1.500		02/06/19		99,541
	1,000,000	KFW		1.000		07/15/19		984,941
	1,400,000	KFW		4.000		01/27/20		1,454,843
	350,000	KFW		1.750		03/31/20		347,487
	1,500,000	KFW		1.875		06/30/20		1,491,252
	100,000	KFW		1.875		12/15/20		99,162

245

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	300,000	Landwirtschaftliche Rentenbank		1.375	%	10/23/19	$	296,474
	300,000	Mexico Government International Bond		3.500		01/21/21		310,200
	500,000	Nordic Investment Bank		2.250		09/30/21		499,561
	200,000	Poland Government International Bond		6.375		07/15/19		211,998
	200,000	Province of Alberta Canada		1.900		12/06/19		198,547
	300,000	Province of Ontario Canada		1.650		09/27/19		297,343
	1,200,000	Province of Ontario Canada		4.400		04/14/20		1,256,770
	200,000	Province of Quebec Canada		3.500		07/29/20		206,166
	200,000	Republic of Hungary		6.250		01/29/20		214,255
	200,000	Republic of Korea		7.125		04/16/19		211,760
	200,000	Republic of the Philippines		6.500		01/20/20		217,614
	100,000	Svensk Exportkredit AB		1.250		04/12/19		99,042
	200,000	Svensk Exportkredit AB		1.750		05/18/20		198,151
	200,000	Svensk Exportkredit AB		1.750		08/28/20		197,572
		TOTAL FOREIGN GOVERNMENT BONDS						23,073,418
MUNICIPAL BONDS - 0.0%
	100,000	Florida State Board of Administration Finance Corp		2.163		07/01/19		99,784
		TOTAL MUNICIPAL BONDS						99,784
U.S. TREASURY SECURITIES - 62.6%
	2,900,000	United States Treasury Note		0.750		02/15/19		2,864,758
	7,700,000	United States Treasury Note		1.125		02/28/19		7,636,482
	2,750,000	United States Treasury Note		1.000		03/15/19		2,722,258
	2,700,000	United States Treasury Note		1.250		03/31/19		2,679,924
	3,700,000	United States Treasury Note		0.875		04/15/19		3,653,977
	5,100,000	United States Treasury Note		1.250		04/30/19		5,059,172
	4,000,000	United States Treasury Note		0.875		05/15/19		3,947,093
	3,000,000	United States Treasury Note		0.875		06/15/19		2,957,836
	23,000,000	United States Treasury Note		1.250		06/30/19		22,794,341
	4,000,000	United States Treasury Note		1.375		07/31/19		3,969,512
	4,900,000	United States Treasury Note		0.750		08/15/19		4,812,869
	9,000,000	United States Treasury Note		1.250		08/31/19		8,907,422
	3,300,000	United States Treasury Note		0.875		09/15/19		3,244,386
	4,500,000	United States Treasury Note		1.375		09/30/19		4,460,702
	2,000,000	United States Treasury Note		1.000		10/15/19		1,969,323
	11,750,000	United States Treasury Note		1.500		10/31/19		11,667,807
	5,500,000	United States Treasury Note		1.000		11/15/19		5,410,858
	16,500,000	United States Treasury Note		1.750		11/30/19		16,456,772
	3,000,000	United States Treasury Note		1.375		12/15/19		2,970,096
	12,000,000	United States Treasury Note		1.875		12/31/19		11,994,698
	6,700,000	United States Treasury Note		1.375		01/15/20		6,630,050
	13,500,000	United States Treasury Note		1.625		03/15/20		13,416,063
	3,500,000	United States Treasury Note		1.500		04/15/20		3,467,039
	4,400,000	United States Treasury Note		1.500		05/15/20		4,357,375
	7,700,000	United States Treasury Note		1.500		07/15/20		7,616,752
	9,200,000	United States Treasury Note		1.500		08/15/20		9,097,349
	5,750,000	United States Treasury Note		1.375		09/15/20		5,667,460
	7,450,000	United States Treasury Note		1.625		10/15/20		7,383,261
	8,500,000	United States Treasury Note		1.750		11/15/20		8,450,474
	4,250,000	United States Treasury Note		1.875		12/15/20		4,237,387
		TOTAL U.S. TREASURY SECURITIES						200,503,496

246

TIAA-CREF FUNDS - Short-Term Bond Index Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
		TOTAL GOVERNMENT BONDS					$	240,315,280
		(Cost $242,178,233)
		TOTAL BONDS						318,611,426
		(Cost $320,901,084)
SHORT-TERM INVESTMENTS - 1.1%
TREASURY DEBT - 1.1%
$	3,490,000	United States Cash Management Bill		0.900	%	01/02/18		3,490,000
		TOTAL TREASURY DEBT						3,490,000
		TOTAL SHORT-TERM INVESTMENTS						3,490,000
		(Cost $3,489,913)
		TOTAL INVESTMENTS - 100.5%						322,101,426
		(Cost $324,390,997)
		OTHER ASSETS & LIABILITIES, NET - (0.5)%						(1,651,358	)
		NET ASSETS - 100.0%					$	320,450,068

g Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $890,138 or 0.3% of net assets.

247

TIAA-CREF FUNDS - Social Choice Bond Fund

TIAA-CREF FUNDS

SOCIAL CHOICE BOND FUND

SCHEDULE OF INVESTMENTS (unaudited)

December 31, 2017

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
BANK LOAN OBLIGATIONS - 1.4%
CAPITAL GOODS - 0.1%
$	940,385	i	Manitowoc Foodservice, Inc	LIBOR 1 M + 2.750%		4.320	%	03/03/23	$	946,657
			TOTAL CAPITAL GOODS							946,657
CONSUMER DURABLES & APPAREL - 0.0%
	450,000	i	Hanesbrands, Inc	LIBOR 1 M + 1.750%		3.227		12/05/24		451,408
			TOTAL CONSUMER DURABLES & APPAREL							451,408
MATERIALS - 0.2%
	3,316,688	i	H.B. Fuller Co	LIBOR 1 M + 2.250%		3.750		10/21/24		3,325,444
			TOTAL MATERIALS							3,325,444
MEDIA - 0.2%
	3,650,000	i	Charter Communications Operating LLC	LIBOR 3 M + 2.000%		2.000		04/30/25		3,651,314
			TOTAL MEDIA							3,651,314
TECHNOLOGY HARDWARE & EQUIPMENT - 0.3%
	4,737,674	i	MTS Systems Corp	LIBOR 1 M + 3.250%		4.690		07/05/23		4,773,206
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT							4,773,206
UTILITIES - 0.6%
	4,550,000	i	ExGen Renewables IV LLC	LIBOR 3 M + 3.000%		4.468		11/28/24		4,595,500
	4,150,000	i	TerraForm Power Operating LLC	LIBOR 3 M + 2.750%		4.147		11/03/22		4,201,875
	1,825,072	†,i	Terra-Gen Finance Co LLC	LIBOR 1 M + 4.250%		5.820		12/09/21		1,642,565
			TOTAL UTILITIES							10,439,940
			TOTAL BANK LOAN OBLIGATIONS							23,587,969
			(Cost $23,519,477)
BONDS - 92.9%
CORPORATE BONDS - 33.7%
AUTOMOBILES & COMPONENTS - 0.4%
	1,300,000	g	Adient Global Holdings Ltd			4.875		08/15/26		1,335,750
	5,000,000		Ford Motor Co			4.750		01/15/43		5,066,527
			TOTAL AUTOMOBILES & COMPONENTS							6,402,277
BANKS - 6.1%
	5,000,000		Bank of America Corp			1.950		05/12/18		5,000,378
	6,200,000		Bank of America Corp			2.151		11/09/20		6,171,144
	5,000,000	i	Bank of Montreal	LIBOR 3 M + 0.250%		1.786		09/11/19		4,999,172
	3,000,000	g	Bank of Montreal			2.500		01/11/22		2,995,490
	5,000,000	i	Bank of Montreal	LIBOR 3 M + 0.630%		2.166		09/11/22		5,010,934

248

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	1,000,000		Bank of Nova Scotia			2.125	%	09/11/19	$	998,817
	3,000,000	g	Bank of Nova Scotia			1.875		09/20/21		2,915,924
	5,000,000	i	Citizens Bank NA	LIBOR 3 M + 0.540%		2.027		03/02/20		5,009,802
	1,125,000		Citizens Financial Group, Inc			2.375		07/28/21		1,110,159
	250,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA			3.950		11/09/22		260,615
	2,000,000		Cooperatieve Centrale Raiffeisen-Boerenleenbank BA			4.375		08/04/25		2,110,709
	1,850,000		Cooperatieve Rabobank UA			2.750		01/10/22		1,864,682
	3,037,000		Cooperatieve Rabobank UA			3.750		07/21/26		3,075,769
	3,300,000		Discover Bank			3.450		07/27/26		3,256,718
	3,550,000		HSBC Holdings plc			3.033		11/22/23		3,556,655
	4,435,000	g	ING Bank NV			2.000		11/26/18		4,432,745
	500,000	g	Intesa Sanpaolo S.p.A			5.017		06/26/24		511,858
	2,500,000	g	Intesa Sanpaolo S.p.A			5.710		01/15/26		2,633,084
	2,100,000		KeyBank NA			2.350		03/08/19		2,103,694
	1,000,000		Manufacturers & Traders Trust Co			2.900		02/06/25		995,189
	2,725,000		Manufacturers & Traders Trust Co			3.400		08/17/27		2,755,931
	5,275,000		Mitsubishi UFJ Financial Group, Inc			2.527		09/13/23		5,137,203
	2,310,000		People’s United Bank			4.000		07/15/24		2,332,570
	2,088,000		People’s United Financial, Inc			3.650		12/06/22		2,137,697
	5,000,000		Regions Financial Corp			2.750		08/14/22		4,983,615
	2,000,000		Royal Bank of Canada			1.875		02/05/20		1,983,235
	3,000,000		Royal Bank of Canada			2.100		10/14/20		2,978,162
	500,000	g	Skandinaviska Enskilda Banken AB			1.375		05/29/18		499,014
	4,962,000		SVB Financial Group			3.500		01/29/25		4,972,728
	2,500,000		Toronto-Dominion Bank			1.450		08/13/19		2,470,641
	3,000,000	g	Toronto-Dominion Bank			1.950		04/02/20		2,976,510
	7,500,000		Toronto-Dominion Bank			1.850		09/11/20		7,416,556
	2,500,000		Toronto-Dominion Bank			1.800		07/13/21		2,447,913
	3,000,000	g	Westpac Banking Corp			2.100		02/25/21		2,959,883
			TOTAL BANKS							105,065,196
CAPITAL GOODS - 0.4%
	1,000,000		Air Lease Corp			4.250		09/15/24		1,049,134
	1,150,000		Anixter, Inc			5.500		03/01/23		1,238,033
	3,000,000		CNH Industrial Capital LLC			3.875		10/15/21		3,052,620
	1,000,000		Parker-Hannifin Corp			4.200		11/21/34		1,090,755
	500,000		Pentair Finance S.A.			2.650		12/01/19		497,777
	500,000		Rockwell Collins, Inc			3.700		12/15/23		518,521
			TOTAL CAPITAL GOODS							7,446,840
COMMERCIAL & PROFESSIONAL SERVICES - 0.1%
	2,200,000		Waste Management, Inc			3.900		03/01/35		2,304,826
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES							2,304,826
CONSUMER SERVICES - 0.7%
	3,540,000		Henry J Kaiser Family Foundation			3.356		12/01/25		3,574,562
	2,000,000		Metropolitan Museum of Art			3.400		07/01/45		1,927,860
	3,350,000		New York Public Library Astor Lenox & Tilden Foundations			4.305		07/01/45		3,590,085
	100,000		Salvation Army			5.637		09/01/26		108,464
	3,000,000		Starbucks Corp			2.450		06/15/26		2,891,184
			TOTAL CONSUMER SERVICES							12,092,155

249

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
DIVERSIFIED FINANCIALS - 2.8%
$	5,000,000		American Express Co			3.000	%	10/30/24	$	4,990,538
	2,125,000		Bank of New York Mellon Corp			2.661		05/16/23		2,123,596
	567,000	g	EDP Finance BV			4.125		01/15/20		584,313
	500,000	g	EDP Finance BV			5.250		01/14/21		535,509
	5,625,000	g	EDP Finance BV			3.625		07/15/24		5,667,531
	5,250,000		Ford Foundation			3.859		06/01/47		5,590,377
	500,000		Ford Motor Credit Co LLC			2.375		01/16/18		500,061
	2,500,000		Ford Motor Credit Co LLC			2.943		01/08/19		2,515,592
	1,000,000	i	Ford Motor Credit Co LLC	LIBOR 3 M + 0.930%		2.321		11/04/19		1,009,172
	1,000,000		Ford Motor Credit Co LLC			3.219		01/09/22		1,006,046
	5,000,000		Morgan Stanley			2.200		12/07/18		5,005,693
	1,000,000		Northern Trust Corp			3.375		08/23/21		1,028,494
	1,500,000		Reinvestment Fund, Inc			3.166		11/01/23		1,482,124
	2,500,000		Reinvestment Fund, Inc			3.366		11/01/24		2,475,727
	5,000,000		Reinvestment Fund, Inc			3.513		11/01/25		4,976,506
	5,000,000		State Street Corp			2.653		05/15/23		5,000,817
	3,250,000		Unilever Capital Corp			2.000		07/28/26		2,998,446
			TOTAL DIVERSIFIED FINANCIALS							47,490,542
ENERGY - 2.6%
	2,880,000		Apache Corp			3.250		04/15/22		2,901,420
	5,000,000		Cenovus Energy, Inc			5.250		06/15/37		5,146,036
	1,500,000		Cimarex Energy Co			3.900		05/15/27		1,533,347
	1,000,000		EOG Resources, Inc			3.900		04/01/35		1,019,977
	7,500,000	i	EQT Corp	LIBOR 3 M + 0.770%		2.103		10/01/20		7,515,900
	5,000,000	i	Kinder Morgan, Inc	LIBOR 3 M + 1.280%		2.639		01/15/23		5,082,820
	7,000,000		National Oilwell Varco, Inc			3.950		12/01/42		6,168,863
	1,925,000		ONEOK, Inc			4.000		07/13/27		1,950,490
	3,350,000		ONEOK, Inc			4.950		07/13/47		3,482,263
	1,100,000	g,i	Phillips 66	LIBOR 3 M + 0.750%		2.109		04/15/20		1,101,160
	500,000		Statoil ASA			3.150		01/23/22		511,318
	1,000,000		Statoil ASA			2.450		01/17/23		993,913
	500,000		Statoil ASA			2.650		01/15/24		497,738
	3,000,000		Statoil ASA			3.950		05/15/43		3,135,294
	4,500,000	g	Woodside Finance Ltd			3.700		03/15/28		4,467,707
			TOTAL ENERGY							45,508,246
HEALTH CARE EQUIPMENT & SERVICES - 1.1%
	5,000,000	i	Becton Dickinson & Co	LIBOR 3 M + 1.030%		2.539		06/06/22		5,026,240
	7,250,000		Becton Dickinson & Co			3.363		06/06/24		7,268,700
	4,250,000		Becton Dickinson & Co			4.669		06/06/47		4,597,331
	500,000		Laboratory Corp of America Holdings			2.500		11/01/18		501,531
	1,000,000		Laboratory Corp of America Holdings			2.625		02/01/20		1,002,578
	1,000,000		Laboratory Corp of America Holdings			3.200		02/01/22		1,019,425
			TOTAL HEALTH CARE EQUIPMENT & SERVICES							19,415,805
INSURANCE - 1.2%
	2,000,000	g,i	Cranberry RE Ltd	LIBOR 6 M + 1.600%		3.335		07/13/20		2,001,400
	3,000,000	g	Five Corners Funding Trust			4.419		11/15/23		3,214,376

250

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	1,750,000		Progressive Corp			3.700	%	01/26/45	$	1,762,696
	2,000,000		Prudential Financial, Inc			5.375		05/15/45		2,143,000
	5,000,000	g	Swiss Re Treasury US Corp			2.875		12/06/22		5,006,148
	5,653,000	g	Swiss Re Treasury US Corp			4.250		12/06/42		5,873,106
			TOTAL INSURANCE							20,000,726
MATERIALS - 2.0%
	2,000,000		Agrium, Inc			3.500		06/01/23		2,051,493
	1,000,000		Agrium, Inc			5.250		01/15/45		1,162,486
	4,500,000		Fibria Overseas Finance Ltd			5.500		01/17/27		4,826,250
	2,000,000		International Paper Co			5.000		09/15/35		2,260,425
	1,184,000		International Paper Co			4.800		06/15/44		1,294,971
	5,000,000	g	Inversiones CMPC S.A.			4.375		04/04/27		5,101,532
	8,975,000	g	Klabin Finance S.A.			4.875		09/19/27		8,858,325
	2,500,000	g	Sealed Air Corp			5.500		09/15/25		2,725,000
	6,350,000	g	WestRock Co			3.000		09/15/24		6,292,222
			TOTAL MATERIALS							34,572,704
MEDIA - 1.3%
	2,775,000	g	CCO Holdings LLC			4.000		03/01/23		2,747,250
	3,000,000		Charter Communications Operating LLC			3.579		07/23/20		3,055,728
	3,000,000		Charter Communications Operating LLC			4.464		07/23/22		3,129,667
	5,000,000	i	Discovery Communications LLC	LIBOR 3 M + 0.710%		2.336		09/20/19		5,027,655
	2,725,000		Discovery Communications LLC			5.000		09/20/37		2,821,406
	5,000,000	i	Walt Disney Co	LIBOR 3 M + 0.390%		1.877		03/04/22		5,041,595
			TOTAL MEDIA							21,823,301
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.5%
	500,000		Bristol-Myers Squibb Co			3.250		08/01/42		477,571
	7,500,000	i	Gilead Sciences, Inc	LIBOR 3 M + 0.250%		1.876		09/20/19		7,509,450
	1,150,000		Zoetis, Inc			3.450		11/13/20		1,177,070
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES							9,164,091
REAL ESTATE - 2.1%
	1,975,000		Brandywine Operating Partnership LP			3.950		02/15/23		2,014,533
	4,300,000		Brandywine Operating Partnership LP			3.950		11/15/27		4,266,895
	4,500,000		Brixmor Operating Partnership LP			3.650		06/15/24		4,475,522
	3,525,000		Brixmor Operating Partnership LP			3.850		02/01/25		3,519,511
	1,848,000		Digital Realty Trust LP			3.950		07/01/22		1,930,306
	2,300,000		Healthcare Realty Trust, Inc			3.625		01/15/28		2,274,829
	4,725,000		Kilroy Realty LP			3.450		12/15/24		4,710,359
	3,000,000		Kimco Realty Corp			6.875		10/01/19		3,223,912
	3,557,000		Mid-America Apartments LP			4.000		11/15/25		3,683,447
	5,000,000		Regency Centers LP			3.750		06/15/24		5,095,784
	450,000		Washington REIT			4.950		10/01/20		469,875
			TOTAL REAL ESTATE							35,664,973
TECHNOLOGY HARDWARE & EQUIPMENT - 0.8%
	5,000,000		Apple, Inc			2.850		02/23/23		5,067,021
	5,000,000		Apple, Inc			3.000		06/20/27		4,976,567
	4,206,000		Corning, Inc			4.375		11/15/57		4,170,962
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT							14,214,550

251

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
TELECOMMUNICATION SERVICES - 1.4%
$	500,000		CenturyLink, Inc			6.750	%	12/01/23	$	490,000
	2,907,000		Verizon Communications, Inc			2.946		03/15/22		2,924,355
	5,000,000	i	Verizon Communications, Inc	LIBOR 3 M + 1.000%		2.600		03/16/22		5,098,434
	3,000,000		Verizon Communications, Inc			2.625		08/15/26		2,824,877
	5,000,000		Verizon Communications, Inc			4.500		08/10/33		5,240,862
	6,125,000		Verizon Communications, Inc			5.250		03/16/37		6,730,907
			TOTAL TELECOMMUNICATION SERVICES							23,309,435
TRANSPORTATION - 4.2%
	2,450,000		CSX Corp			4.250		11/01/66		2,445,215
	5,925,000		Delta Air Lines, Inc			3.625		03/15/22		6,011,818
	2,034,880		Delta Air Lines, Inc			4.250		07/30/23		2,099,792
	2,853,074		Delta Air Lines, Inc			3.625		07/30/27		2,958,694
	3,800,000	g	Hertz Corp			7.625		06/01/22		3,980,500
	2,500,000		Kansas City Southern			4.300		05/15/43		2,625,748
	2,500,000		Kansas City Southern			4.950		08/15/45		2,847,447
	2,050,000	g	Mexico City Airport Trust			4.250		10/31/26		2,096,125
	5,000,000	g	Mexico City Airport Trust			5.500		10/31/46		4,937,500
	6,125,000	g	Mexico City Airport Trust			5.500		07/31/47		6,048,438
	5,000,000		Spirit Airlines Pass Through Trust			3.800		02/15/26		5,006,350
	5,000,000		Spirit Airlines Pass Through Trust			3.375		02/15/30		4,996,350
	991,012		Spirit Airlines, Inc			4.100		04/01/28		1,028,572
	6,068,661		Union Pacific Railroad Co			3.227		05/14/26		6,188,396
	5,314,162	†	Union Pacific Railroad Co			2.695		05/12/27		5,162,709
	5,000,000	i	United Parcel Service, Inc	LIBOR 3 M + 0.380%		1.799		05/16/22		5,008,535
	7,500,000	i	United Parcel Service, Inc	LIBOR 3 M + 0.450%		2.145		04/01/23		7,518,825
	905,000		Vessel Management Services, Inc			3.432		08/15/36		896,872
	317,000		Vessel Management Services, Inc			3.477		01/16/37		315,465
			TOTAL TRANSPORTATION							72,173,351
UTILITIES - 6.0%
	950,000	g	APT Pipelines Ltd			4.250		07/15/27		982,827
	5,300,000		Avangrid, Inc			3.150		12/01/24		5,271,031
	2,500,000	g	Colorado Interstate Gas Co LLC			4.150		08/15/26		2,495,425
	3,864,546	g	Continental Wind LLC			6.000		02/28/33		4,055,876
	3,000,000	g	Electricite de France S.A.			3.625		10/13/25		3,072,836
	2,000,000	g	European Stability Mechanism			2.125		11/03/22		1,973,946
	1,700,000		Fortis, Inc			2.100		10/04/21		1,659,228
	2,900,000		Fortis, Inc			3.055		10/04/26		2,799,298
	5,000,000		Georgia Power Co			3.250		04/01/26		5,012,226
	5,000,000	g	Greenko Dutch BV			4.875		07/24/22		5,062,200
	1,043,680	g	Harper Lake Solar Funding Corp			7.645		12/31/18		1,067,162
	5,000,000		MidAmerican Energy Co			3.100		05/01/27		5,023,957
	5,746,000		MidAmerican Energy Co			3.950		08/01/47		6,134,280
	1,000,000	g	NextEra Energy Operating Partners LP			4.250		09/15/24		1,017,500
	1,875,000	g	NextEra Energy Operating Partners LP			4.500		09/15/27		1,865,625
	5,248,000		NorthWestern Corp			4.176		11/15/44		5,660,674
	5,000,000	g	Pattern Energy Group, Inc			5.875		02/01/24		5,250,000
	1,000,000		Public Service Co of New Hampshire			3.500		11/01/23		1,031,242

252

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	2,250,010		San Diego Gas & Electric Co			1.914	%	02/01/22	$	2,196,732
	1,000,000		Sempra Energy			2.875		10/01/22		998,552
	2,894,671	g	Solar Star Funding LLC			3.950		06/30/35		2,835,305
	4,876,194	g	Solar Star Funding LLC			5.375		06/30/35		5,330,828
	2,000,000		Southern Power Co			1.950		12/15/19		1,983,320
	2,000,000		Southern Power Co			2.500		12/15/21		1,981,131
	5,065,000		Southern Power Co			4.150		12/01/25		5,336,368
	5,000,000	g	TerraForm Power Operating LLC			5.000		01/31/28		4,950,000
	2,624,862	g	Topaz Solar Farms LLC			4.875		09/30/39		2,754,875
	222,074	g	Topaz Solar Farms LLC			5.750		09/30/39		250,037
	5,000,000		Westar Energy, Inc			2.550		07/01/26		4,817,029
	1,000,000		WGL Holdings, Inc			2.250		11/01/19		991,959
	10,000,000	i	WGL Holdings, Inc	LIBOR 3 M + 0.400%		1.877		11/29/19		10,003,697
			TOTAL UTILITIES							103,865,166
			TOTAL CORPORATE BONDS							580,514,184
			(Cost $573,860,795)
GOVERNMENT BONDS -  45.6%
AGENCY SECURITIES - 8.2%
	766,296		Ethiopian Leasing LLC			2.566		08/14/26		764,129
	648,634		Export Lease Ten Co LLC			1.650		05/07/25		628,276
	790,364		Export Leasing 2009 LLC			1.859		08/28/21		783,626
	3,000,000		Federal National Mortgage Association (FNMA)			1.625		01/21/20		2,979,948
	1,000,000		FNMA			2.625		09/06/24		1,013,079
	3,436,239	†,g	Genesis Solar Pass Through Trust			3.875		02/15/38		3,709,420
	1,375,000	j	Government Trust Certificate			0.000		04/01/21		1,277,620
	2,000,000		Hashemite Kingdom of Jordan Government AID Bond			1.945		06/23/19		1,998,463
	1,694,000		Hashemite Kingdom of Jordan Government AID Bond			2.578		06/30/22		1,716,135
	3,500,000		Hashemite Kingdom of Jordan Government AID Bond			3.000		06/30/25		3,601,961
	4,239,901		HNA 2015 LLC			2.291		06/30/27		4,179,427
	670,000	g	Hospital for Special Surgery			3.500		01/01/23		679,635
	2,030,000	i	Housing and Urban Development Corp Ltd	LIBOR 6 M + 0.035%		1.491		09/15/30		2,025,329
	3,000,000		Iraq Government AID Bond			2.149		01/18/22		2,982,807
	770,833		Mexican Aircraft Finance V LLC			2.329		01/14/27		763,023
	2,630,000		Montefiore Medical Center			2.152		10/20/26		2,506,382
	1,966,394		MSN 41079 and 41084 Ltd			1.631		12/14/24		1,907,112
	12,150,000	†	NCUA Guaranteed Notes			3.000		06/12/19		12,319,614
	6,890,000		NCUA Guaranteed Notes			3.450		06/12/21		7,136,117
	2,615,000		New York Society for the Relief of the Ruptured & Crippled			2.881		12/20/31		2,530,665
	3,000,000	j	Overseas Private Investment Corp (OPIC)			0.000		02/11/18		3,040,246
	2,080,000	j	OPIC			0.000		11/13/18		2,079,168
	2,000,000	j	OPIC			0.000		07/23/19		1,991,809
	1,085,000	j	OPIC			0.000		11/15/19		1,164,195
	5,000,000	j	OPIC			0.000		07/17/21		4,961,667
	2,253,429		OPIC			2.290		09/15/26		2,238,603
	2,138,978		OPIC			2.040		12/15/26		2,104,866
	1,977,845		OPIC			2.740		09/15/29		1,943,830
	2,966,767		OPIC			3.220		09/15/29		2,971,904
	988,922		OPIC			3.280		09/15/29		1,005,900
	804,000		OPIC			4.140		05/15/30		860,559

253

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	183,825		OPIC			3.540	%	06/15/30	$	191,291
	194,030		OPIC			3.370		12/15/30		199,748
	448,137		OPIC			3.820		12/20/32		468,630
	224,069		OPIC			3.938		12/20/32		236,376
	936,083		OPIC			3.330		05/15/33		943,542
	923,884		OPIC			3.160		06/01/33		918,207
	1,199,360		OPIC			2.810		07/31/33		1,161,939
	959,488		OPIC			2.940		07/31/33		938,954
	1,439,232		OPIC			3.250		07/31/33		1,442,062
	2,000,000		Private Export Funding Corp (PEFCO)			2.300		09/15/20		2,005,992
	1,000,000		PEFCO			3.550		01/15/24		1,059,655
	1,000,000		PEFCO			3.250		06/15/25		1,049,711
	2,557,735		Safina Ltd			1.550		01/15/22		2,518,395
	2,187,038		Safina Ltd			2.000		12/30/23		2,159,110
	1,431,541		Tagua Leasing LLC			1.900		07/12/24		1,405,787
	4,513,747		Tagua Leasing LLC			1.581		11/16/24		4,373,572
	1,367,802		Tortola Leasing LLC			1.581		11/16/24		1,325,280
	2,700,000		Ukraine Government AID Bonds			1.847		05/29/20		2,688,782
	5,200,000		Ukraine Government AID Bonds			1.471		09/29/21		5,065,377
	984,375		Ulani MSN 35940 LLC			2.227		05/16/25		974,341
	210,000		UNM Sandoval Regional Medical Center			4.500		07/20/36		218,537
	5,273,000		US Department of Housing and Urban Development (HUD)			1.330		08/01/18		5,257,830
	1,000,000		HUD			1.770		08/01/18		1,000,308
	4,050,000		HUD			3.120		08/01/18		4,076,284
	2,600,000		HUD			4.620		08/01/18		2,644,099
	510,000		HUD			2.050		08/01/19		508,753
	450,000		HUD			4.870		08/01/19		468,597
	3,663,000		HUD			1.980		08/01/20		3,654,498
	410,000		HUD			2.450		08/01/20		413,943
	150,000		HUD			3.430		08/01/20		155,141
	1,361,000		HUD			2.450		08/01/22		1,364,250
	500,000		HUD			2.910		08/01/23		504,919
	1,987,000		HUD			5.380		08/01/27		2,092,347
	6,868,242		VCH Lease S.A.			1.736		05/15/25		6,672,592
	1,867,122	i	Washington Aircraft 2 Co Ltd	LIBOR 3 M + 0.430%		2.105		06/26/24		1,859,640
			TOTAL AGENCY SECURITIES							141,884,004
FOREIGN GOVERNMENT BONDS - 7.6%
	5,000,000		African Development Bank			1.375		12/17/18		4,973,354
	1,000,000		African Development Bank			2.375		09/23/21		1,004,063
	2,000,000		Asian Development Bank			2.125		03/19/25		1,950,221
	5,000,000	g	Bank Nederlandse Gemeenten NV			2.125		12/14/20		4,983,127
	3,000,000		Canada Government International Bond			1.125		03/19/18		2,997,429
	154,513	g	Carpintero Finance Ltd			2.004		09/18/24		151,960
	2,750,000		Council Of Europe Development Bank			1.000		02/04/19		2,720,519
	5,000,000	g	CPPIB Capital, Inc			2.750		11/02/27		4,984,903
	2,895,000		European Bank for Reconstruction & Development			1.625		04/10/18		2,895,174
	5,000,000		European Bank for Reconstruction & Development			0.875		07/22/19		4,914,820
	2,225,000		European Investment Bank			2.000		03/15/21		2,210,027
	5,000,000		European Investment Bank			2.375		05/24/27		4,907,403
	5,500,000		Export Development Canada			1.250		12/10/18		5,461,945

254

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	1,000,000		Export Development Canada			1.625	%	12/03/19	$	992,323
	5,000,000		Export Development Canada			2.000		11/30/20		4,979,772
	1,350,000		Export-Import Bank of Korea			1.750		02/27/18		1,348,866
	5,000,000		Inter-American Development Bank			1.185		07/09/18		4,966,745
	5,000,000		International Finance Corp			1.750		03/30/20		4,967,249
	5,000,000		International Finance Corp			1.546		11/04/21		4,844,940
	2,500,000		International Finance Corp			2.125		04/07/26		2,421,342
	5,000,000	i	Japan Bank for International Cooperation	LIBOR 3 M + 0.480%		1.961		06/01/20		5,025,816
	2,500,000		Japan Bank for International Cooperation			1.875		04/20/21		2,442,329
	3,000,000	g	Japan Finance Organization for Municipalities			2.125		04/13/21		2,947,738
	3,000,000		KFW			1.000		01/26/18		2,998,710
	1,000,000		KFW			1.750		10/15/19		995,125
	3,000,000		KFW			1.500		04/20/20		2,961,244
	3,000,000		KFW			1.875		11/30/20		2,977,272
	3,050,000	g	Kommunalbanken AS.			1.375		10/26/20		2,981,612
	2,000,000	g	Kommunalbanken AS.			2.125		02/11/25		1,934,502
	4,000,000	g	Kommuninvest I Sverige AB			1.500		04/23/19		3,973,340
	5,000,000	i	Korea Development Bank	LIBOR 3 M + 0.725%		2.075		07/06/22		4,988,279
	5,000,000		Kreditanstalt fuer Wiederaufbau			2.000		11/30/21		4,947,432
	2,875,000	g	Nacional Financiera SNC			3.375		11/05/20		2,946,875
	5,000,000	g	Nederlandse Waterschapsbank NV			2.375		03/24/26		4,875,085
	5,570,000		North American Development Bank			2.300		10/10/18		5,586,509
	3,100,000		North American Development Bank			4.375		02/11/20		3,229,940
	500,000		Province of Manitoba Canada			3.050		05/14/24		509,869
	250,000		Province of Ontario Canada			1.200		02/14/18		249,870
	5,000,000		Province of Quebec Canada			2.750		04/12/27		4,957,135
			TOTAL FOREIGN GOVERNMENT BONDS							130,204,864
MORTGAGE BACKED - 9.5%
	1,809,549		Federal Home Loan Mortgage Corp (FHLMC)			3.500		08/15/42		1,850,316
	1,927,397		FHLMC			3.500		08/15/43		1,989,752
	1,450,973		FHLMC			3.000		03/15/44		1,454,866
	686,686		Federal Home Loan Mortgage Corp Gold (FGLMC)			3.500		03/01/27		710,037
	374,159		FGLMC			3.500		04/01/45		387,331
	2,079,593		FGLMC			3.500		10/01/45		2,149,998
	1,923,034		FGLMC			4.000		12/01/45		2,032,663
	4,706,941		FGLMC			3.500		08/01/46		4,865,152
	659,949		FGLMC			4.000		09/01/47		699,756
	146,476		Federal National Mortgage Association (FNMA)			3.500		11/01/25		152,635
	5,000,000	i	FNMA			2.784		02/25/27		4,974,603
	43,540		FNMA			2.500		07/01/31		43,522
	1,056,348		FNMA			2.500		07/01/31		1,055,896
	255,255		FNMA			2.500		08/01/31		255,146
	62,951		FNMA			2.500		11/01/31		62,925
	20,404		FNMA			2.500		11/01/31		20,396
	164,115		FNMA			2.500		12/01/31		164,049
	57,380		FNMA			2.500		12/01/31		57,357
	129,694		FNMA			2.500		12/01/31		129,641
	1,760,283		FNMA			3.500		02/01/32		1,820,409
	944,470		FNMA			3.500		05/01/32		978,128
	1,897,247		FNMA			3.500		07/01/32		1,962,193
	488,800		FNMA			2.500		08/01/32		488,685
	5,849,441		FNMA			3.000		11/01/32		5,962,561

255

TIAA-CREF FUNDS - Social Choice Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	239,509	FNMA		5.000	%	10/01/33	$	260,207
	259,317	FNMA		5.500		01/01/38		287,652
	303,111	FNMA		5.500		11/01/38		337,180
	611,780	FNMA		4.500		08/01/39		663,365
	422,496	FNMA		4.500		10/01/39		459,150
	368,364	FNMA		4.500		04/01/40		399,528
	103,762	FNMA		5.500		04/01/40		114,907
	189,381	FNMA		5.500		07/01/40		210,213
	850,153	FNMA		5.000		09/01/40		917,843
	100,843	FNMA		6.000		10/01/40		114,126
	116,047	FNMA		4.500		01/01/41		125,248
	1,025,806	FNMA		5.000		04/01/41		1,119,640
	58,663	FNMA		4.500		06/01/42		62,831
	615,720	FNMA		4.500		08/01/42		664,171
	606,146	FNMA		4.500		10/01/43		654,173
	142,641	FNMA		4.500		06/01/44		152,678
	695,339	FNMA		4.500		06/01/44		751,621
	331,137	FNMA		4.500		08/01/44		357,802
	635,818	FNMA		4.500		11/01/44		687,279
	1,607,024	FNMA		4.000		12/01/44		1,695,909
	845,099	FNMA		4.000		01/01/45		891,851
	501,308	FNMA		3.000		02/25/45		502,829
	797,217	FNMA		4.500		03/01/45		861,704
	969,996	FNMA		3.000		03/25/45		976,322
	3,093,529	FNMA		4.000		09/01/45		3,264,180
	1,751,989	FNMA		3.500		01/01/46		1,810,549
	388,110	FNMA		4.000		01/01/46		410,400
	2,736,487	FNMA		3.500		06/01/46		2,828,398
	5,175,209	FNMA		3.000		11/01/46		5,178,872
	5,592,146	FNMA		3.000		12/01/46		5,596,104
	2,905,855	FNMA		3.500		12/01/46		2,986,777
	4,669,521	FNMA		3.500		12/01/46		4,799,558
	6,392,815	FNMA		3.000		01/01/47		6,397,340
	15,856,553	FNMA		3.500		01/01/47		16,298,125
	5,089,939	FNMA		3.000		04/01/47		5,093,541
	2,889,473	FNMA		3.000		06/01/47		2,891,518
	16,954,106	FNMA		4.000		09/01/47		17,755,737
	8,762,146	FNMA		4.500		10/01/47		9,333,393
	667,348	FNMA		4.000		12/01/47		702,740
	3,000,000	FNMA		3.500		01/01/48		3,083,776
	808,470	Government National Mortgage Association (GNMA)		2.690		06/15/33		786,577
	80,710	GNMA		5.000		10/20/39		87,952
	88,018	GNMA		5.000		06/20/42		95,260
	3,850,005	GNMA		3.500		08/20/47		3,986,812
	798,268	GNMA		3.500		11/20/47		826,634
	1,995,544	GNMA		4.000		11/20/47		2,092,096
	10,773,875	GNMA		3.000		12/20/47		10,879,282
	8,450,000	GNMA		3.500		12/20/47		8,750,264
		TOTAL MORTGAGE BACKED						163,472,131
MUNICIPAL BONDS - 11.9%
	2,070,000	American Municipal Power, Inc		5.514		02/15/21		2,181,345

256

TIAA-CREF FUNDS - Social Choice Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,000,000		Antelope Valley-East Kern Water Agency Financing Authority		4.326	%	06/01/36	$	3,110,610
	2,000,000		Brunswick & Glynn County Development Authority		3.060		04/01/25		1,990,180
	840,000		California Earthquake Authority		2.805		07/01/19		840,689
	2,000,000		California Housing Finance Agency		2.966		08/01/22		2,022,140
	250,000	g	California Pollution Control Financing Authority		5.000		07/01/27		251,592
	495,000	g	California Pollution Control Financing Authority		5.000		07/01/37		498,178
	5,430,000	g	California Pollution Control Financing Authority		5.000		11/21/45		5,520,464
	500,000		Chelan County Public Utility District No		3.603		07/01/21		518,905
	5,000,000		Chicago Board of Education		5.000		12/01/20		5,217,000
	2,000,000		Chicago Metropolitan Water Reclamation District-Greater Chicago		5.720		12/01/38		2,600,600
	625,000		Chula Vista Municipal Financing Authority		3.775		12/01/33		620,631
	1,350,000		Chula Vista Municipal Financing Authority		3.975		12/01/38		1,341,792
	740,000		Chula Vista Municipal Financing Authority		4.075		12/01/41		738,276
	1,580,000		City & County of Honolulu HI		1.506		10/01/20		1,549,079
	950,000		City & County of Honolulu HI		2.141		10/01/23		924,521
	1,000,000		City & County of Honolulu HI		2.368		10/01/24		973,300
	935,000		City & County of San Francisco CA		3.700		04/01/34		935,757
	440,000		City & County of San Francisco CA		3.750		04/01/35		441,377
	1,655,000		City & County of San Francisco CA		3.750		09/01/37		1,662,927
	5,835,000		City & County of San Francisco CA		3.900		04/01/42		5,993,829
	5,000,000		City & County of San Francisco CA		4.000		09/01/48		5,102,800
	3,000,000		City of Austin TX Water & Wastewater System Revenue		2.133		11/15/19		2,995,710
	3,000,000		City of Chicago IL		7.750		01/01/42		3,332,070
	2,000,000		City of Cincinnati OH Water System Revenue		2.568		12/01/21		2,013,460
	2,000,000		City of Florence SC		4.250		12/01/34		2,038,060
	4,500,000		City of Gary IN		5.000		01/08/18		4,497,390
	250,000		City of Houston TX Utility System Revenue		2.563		05/15/20		252,425
	3,075,000		City of Norfolk VA		3.000		10/01/35		2,798,834
	2,000,000		City of San Angelo TX Water & Sewer Revenue		4.401		02/15/46		2,084,860
	3,955,000		City of San Francisco CA Public Utilities Commission Water Revenue		2.400		11/01/22		3,915,846
	5,000,000		City of San Francisco CA Public Utilities Commission Water Revenue		4.185		11/01/46		5,218,900
	1,140,000		City of San Juan Capistrano CA		4.090		08/01/36		1,183,274
	885,000		City of San Juan Capistrano CA		4.190		08/01/40		921,320
	345,000		Commonwealth Financing Authority		2.428		06/01/20		343,510
	355,000		Commonwealth Financing Authority		2.675		06/01/21		354,507
	5,000,000		Commonwealth of Massachusetts		3.277		06/01/46		4,822,850
	1,415,000		County of Miami-Dade FL Aviation Revenue		1.183		10/01/18		1,406,298
	1,500,000		County of Miami-Dade FL Aviation Revenue		2.218		10/01/22		1,460,085
	1,085,000		District of Columbia Water & Sewer Authority		4.814		10/01/14		1,268,322
	1,550,000	g	Finance Authority of Maine		5.375		12/15/33		1,582,519
	2,250,000		Florida Department of Environmental Protection		5.456		07/01/19		2,361,510
	3,000,000		Florida State Board of Administration Finance Corp		2.163		07/01/19		2,993,520
	500,000	j	Garden State Preservation Trust		0.000		11/01/22		444,330
	100,000		Guadalupe-Blanco River Authority Industrial Development Corp		1.909		04/15/18		100,014
	1,790,000		Honolulu City & County Board of Water Supply		3.760		07/01/30		1,823,348
	3,000,000		Imperial Irrigation District Electric System Revenue		4.500		11/01/40		3,326,880

257

TIAA-CREF FUNDS - Social Choice Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	2,000,000		Kern County Water Agency Improvement District No 4		4.276	%	05/01/36	$	2,135,700
	1,000,000		Lavaca-Navidad River Authority		4.430		08/01/35		1,036,720
	3,720,000		Maryland Community Development Administration Housing Revenue		3.797		03/01/39		3,678,113
	3,000,000		Massachusetts St. Water Pollution Abatement		5.192		08/01/40		3,501,240
	3,025,000		Metropolitan Council		1.550		09/01/19		3,000,588
	500,000		Michigan Finance Authority		5.000		07/01/22		553,275
	4,000,000		Michigan Finance Authority		3.610		11/01/32		3,945,400
	2,115,000		New York State Environmental Facilities Corp		3.420		07/15/26		2,195,243
	250,000	g	Niagara Area Development Corp		4.000		11/01/24		250,142
	1,500,000	g	Ohio Air Quality Development Authority		4.250		01/15/38		1,549,530
	5,080,000		Ohio State Water Development Authority		4.879		12/01/34		5,853,989
	250,000		Oklahoma Water Resources Board		3.071		04/01/22		256,670
	5,000,000		Palm Beach County Solid Waste Authority		2.436		10/01/23		4,946,600
	2,225,000		Pend Oreille County Public Utility District No Box Canyon		5.000		01/01/30		2,302,541
	3,350,000		Sacramento Area Flood Control Agency		2.224		10/01/20		3,310,202
	440,000		San Francisco City & County Redevelopment Agency		3.113		08/01/22		445,060
	1,000,000		San Francisco City & County Redevelopment Agency		3.533		08/01/25		1,018,330
	1,000,000		San Francisco City & County Redevelopment Agency		4.375		08/01/44		1,057,770
	1,900,000		Santa Cruz County Capital Financing Authority		3.375		06/01/31		1,867,244
	1,465,000		Santa Cruz County Capital Financing Authority		3.625		06/01/35		1,447,977
	2,000,000		South Dakota Conservancy District		1.898		08/01/19		1,993,780
	1,000,000		South Dakota Conservancy District		1.920		08/01/19		997,230
	1,000,000		South Davis Sewer District		4.125		12/01/32		1,022,100
	1,100,000		South Davis Sewer District		4.500		12/01/37		1,143,835
	1,000,000		State of California		1.800		04/01/20		992,810
	2,665,000		State of California		2.367		04/01/22		2,656,579
	1,000,000		State of California		3.750		10/01/37		1,037,400
	2,480,000		State of California		4.988		04/01/39		2,758,876
	3,000,000		State of Illinois		5.000		02/01/19		3,072,750
	1,000,000		State of Texas		0.863		08/01/18		995,270
	1,000,000		State of Texas		1.737		08/01/22		969,590
	2,475,000		State of Texas		2.749		10/01/23		2,486,979
	1,000,000		State of Texas		3.576		08/01/34		1,018,120
	1,000,000		State of Texas		3.726		08/01/43		1,012,460
	3,000,000		Suffolk County Water Authority		4.000		06/01/39		3,264,510
	1,650,000		Syracuse Industrial Development Agency		5.000		01/01/36		1,608,618
	1,000,000		Texas Water Development Board		3.500		10/15/37		1,004,730
	2,000,000		Texas Water Development Board		3.700		10/15/47		2,017,280
	3,000,000		Texas Water Development Board		4.648		04/15/50		3,208,680
	500,000		University of California		2.676		05/15/21		503,905
	1,230,000		University of Cincinnati		3.500		06/01/32		1,269,655
	2,000,000		University of New Mexico		3.532		06/20/32		2,031,540
	2,000,000		University of Virginia		3.570		04/01/45		2,072,340
	5,000,000		Vermont Educational & Health Buildings Financing Agency		4.000		12/01/42		5,240,150
	5,000,000	g	Virgin Islands Water & Power Authority-Electric System		5.500		11/15/18		4,975,050
	655,000		Washington County Clean Water Services		4.828		10/01/22		715,719
	530,000		Washington County Clean Water Services		5.078		10/01/24		597,294

258

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	2,000,000	g	Washington Economic Development Finance Authority			7.500	%	01/01/32	$	2,396,540
	1,245,000		Water Works Board of the City of Birmingham			1.509		01/01/19		1,233,571
	3,000,000		Water Works Board of the City of Birmingham			1.788		01/01/20		2,945,520
	2,005,000		Water Works Board of the City of Birmingham			2.392		01/01/23		1,941,983
	250,000		West Virginia Water Development Authority			5.000		11/01/21		278,085
	1,500,000		Yuba City Public Financing Authority			4.320		06/01/42		1,529,175
	1,000,000		Yuba Levee Financing Authority			3.170		09/01/22		1,027,860
			TOTAL MUNICIPAL BONDS							204,948,152
U.S. TREASURY SECURITIES - 8.4%
	19,740,000		United States Treasury Bond			2.875		11/15/46		20,227,251
	34,695,000		United States Treasury Bond			3.000		05/15/47		36,436,990
	14,635,000		United States Treasury Bond			2.750		08/15/47		14,636,845
	5,205,000		United States Treasury Note			1.750		11/15/20		5,174,673
	410,000		United States Treasury Note			1.375		05/31/21		400,746
	24,179,000		United States Treasury Note			2.000		11/30/22		23,955,525
	400,000		United States Treasury Note			1.500		03/31/23		385,562
	3,500,000		United States Treasury Note			1.875		08/31/24		3,404,993
	2,387,000		United States Treasury Note			2.125		09/30/24		2,356,414
	2,500,000		United States Treasury Note			2.250		10/31/24		2,487,879
	10,000,000		United States Treasury Note			2.125		11/30/24		9,866,345
	25,160,000		United States Treasury Note			2.250		11/15/27		24,797,188
			TOTAL U.S. TREASURY SECURITIES							144,130,411
			TOTAL GOVERNMENT BONDS							784,639,562
			(Cost $782,152,497)
STRUCTURED ASSETS - 13.6%
ASSET BACKED - 6.0%
	102,207	i	ACE Securities Corp Home Equity Loan Trust	LIBOR 1 M + 0.735%		2.287		08/25/35		102,321
			Series - 2005 HE5 (Class M2)
	150,000		AmeriCredit Automobile Receivables Trust			3.340		08/08/21		152,080
			Series - 2015 3 (Class D)
	915,676	i	Basic Asset Backed Securities Trust	LIBOR 1 M + 0.310%		1.862		04/25/36		878,295
			Series - 2006 1 (Class A3)
	1,000,000	g	Capital Automotive REIT			3.660		10/15/44		1,002,340
			Series - 2014 1A (Class A)
	993,333	g	Capital Automotive REIT			3.870		04/15/47		1,007,151
			Series - 2017 1A (Class A1)
	1,447,025	†,g,i	CBRE Realty Finance	LIBOR 3 M + 0.300%		1.650		04/07/52		49,102
			Series - 2007 1A (Class A2)
	1,945,000	g	DB Master Finance LLC			3.980		02/20/45		1,985,282
			Series - 2015 1A (Class A2II)
	1,000,000	g	DB Master Finance LLC			3.629		11/20/47		1,006,520
			Series - 2017 1A (Class A2I)
	985,000	g	Domino’s Pizza Master Issuer LLC			3.484		10/25/45		988,428
			Series - 2015 1A (Class A2I)
	886,500	g	Domino’s Pizza Master Issuer LLC			4.474		10/25/45		905,613
			Series - 2015 1A (Class A2II)
	3,092,250	g	Domino’s Pizza Master Issuer LLC			3.082		07/25/47		3,058,297
			Series - 2017 1A (Class A2II)

259

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	1,702,554	†,g	HERO Funding Trust			3.840	%	09/21/40	$	1,732,349
			Series - 2015 1A (Class A)
	579,239	†,g	HERO Funding Trust			3.990		09/21/40		593,064
			Series - 2014 2A (Class A)
	3,243,624	g	HERO Funding Trust			3.750		09/20/41		3,291,816
			Series - 2016 2A (Class A)
	1,340,995	g	HERO Funding Trust			4.050		09/20/41		1,382,930
			Series - 2016 1A (Class A)
	1,968,611	g	HERO Funding Trust			3.080		09/20/42		1,942,519
			Series - 2016 3A (Class A1)
	4,071,307	g	HERO Funding Trust			3.570		09/20/47		4,136,723
			Series - 2016 4A (Class A1)
	4,484,424	g	HERO Funding Trust			3.710		09/20/47		4,478,029
			Series - 2017 1A (Class A1)
	5,469,369	g	HERO Funding Trust			3.950		09/20/48		5,639,980
			Series - 2017 3A (Class A2)
	2,626,982	g	HERO Funding Trust			4.070		09/20/48		2,678,595
			Series - 2017 2A (Class A2)
	1,089,907	†,g	HERO Residual Funding			4.500		09/21/42		1,084,457
			Series - 2016 1R (Class A1)
	166,667	g	Hertz Vehicle Financing LLC			6.440		02/25/19		167,382
			Series - 2010 1A (Class B3)
	56,221	i	Lehman XS Trust	LIBOR 1 M + 0.250%		1.802		02/25/36		56,113
			Series - 2006 1 (Class 1A1)
	5,000,000	g,i	MAD Mortgage Trust			3.484		08/15/34		5,000,656
			Series - 2017 330M (Class C)
	1,500,000	g	Mosaic Solar Loans LLC			0.010		09/20/42		1,324,743
			Series - 2017 2A (Class D)
	6,249,941	g	Mosaic Solar Loans LLC			3.820		09/20/42		6,272,928
			Series - 2017 2A (Class A)
	1,682,265	g	MVW Owner Trust			2.420		12/20/34		1,666,927
			Series - 2017 1A (Class A)
	94,747	g,i	Orange Lake Timeshare Trust			3.030		07/09/29		93,829
			Series - 2014 AA (Class B)
	2,237,377	g	Renew			3.670		09/20/52		2,210,180
			Series - 2017 1A (Class A)
	117,947	g	SolarCity LMC			4.800		11/20/38		121,344
			Series - 2013 1 (Class A)
	376,056	g	SolarCity LMC			4.590		04/20/44		383,069
			Series - 2014 1 (Class A)
	845,686	†,g	SolarCity LMC			4.020		07/20/44		816,035
			Series - 2014 2 (Class A)
	1,481,006	g	SolarCity LMC			4.800		09/20/48		1,483,787
			Series - 2016 A (Class A)
	337,461	g	SpringCastle America Funding LLC			3.050		04/25/29		339,554
			Series - 2016 AA (Class A)
	527,534	i	Structured Asset Securities Corp Mortgage Loan Trust	LIBOR 1 M + 1.500%		2.861		04/25/35		515,599
			Series - 2005 7XS (Class 2A1A)
	10,000,000	†,g	TES LLC			4.330		10/20/47		10,059,800
			Series - 2017 1A (Class A)
	2,500,000	†,g	TES LLC			7.740		10/20/47		2,525,000
			Series - 2017 1A (Class B)

260

TIAA-CREF FUNDS - Social Choice Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
$	3,750,000	g	TES LLC		4.120	%	02/20/48	$	3,752,370
			Series - 2017 2A (Class A)
	595,510		Toyota Auto Receivables Owner Trust		1.270		05/15/19		594,787
			Series - 2015 B (Class A3)
	8,792,973		Toyota Auto Receivables Owner Trust		1.300		04/15/20		8,759,917
			Series - 2016 B (Class A3)
	4,000,000		Toyota Auto Receivables Owner Trust		1.740		09/15/20		3,993,522
			Series - 2015 B (Class A4)
	2,000,000	g	VOLT LIX LLC		5.375		05/25/47		2,013,041
			Series - 2017 NPL6 (Class A2)
	4,548,497	g	VOLT LVIII LLC		3.375		05/28/47		4,555,178
			Series - 2017 NPL5 (Class A1)
	2,500,000	g	VOLT LVIII LLC		5.375		05/28/47		2,500,269
			Series - 2017 NPL5 (Class A2)
	1,500,000	g	VOLT LXIII LLC		3.000		10/25/47		1,497,633
			Series - 2017 NP10 (Class A1)
	2,500,000	g	VOLT LXIII LLC		4.625		10/25/47		2,488,072
			Series - 2017 NP10 (Class A2)
	1,500,000	g	Wendys Funding LLC		3.573		03/15/48		1,499,532
			Series - 2018 1A (Class A2I)
			TOTAL ASSET BACKED						102,787,158
OTHER MORTGAGE BACKED - 7.6%
	33,905	g	7 WTC Depositor LLC Trust		4.082		03/13/31		34,048
			Series - 2012 7WTC (Class A)
	111,204	i	Banc of America Commercial Mortgage Trust		5.724		05/10/45		111,048
			Series - 2006 2 (Class C)
	170,390	i	Banc of America Commercial Mortgage Trust		5.482		01/15/49		172,612
			Series - 2007 1 (Class AMFX)
	250,000	g,i	Banc of America Commercial Mortgage Trust		5.859		02/10/51		251,086
			Series - 2007 4 (Class E)
	2,000,000	i	Banc of America Commercial Mortgage Trust		5.944		02/10/51		2,037,638
			Series - 2007 5 (Class AJ)
	725,000	g,i	Banc of America Commercial Mortgage Trust		6.000		02/10/51		728,150
			Series - 2007 4 (Class D)
	3,000,000	g,i	Banc of America Commercial Mortgage Trust		6.038		02/10/51		2,993,397
			Series - 2007 5 (Class B)
	5,000,000	g	BBCMS Trust		3.593		09/15/32		5,148,508
			Series - 2015 MSQ (Class A)
	2,500,000	g	BBCMS Trust		3.894		09/15/32		2,555,593
			Series - 2015 MSQ (Class B)
	4,250,000	g,i	Cityline Commercial Mortgage Trust		2.778		11/10/31		4,203,159
			Series - 2016 CLNE (Class A)
	888,475	i	COBALT CMBS Commercial Mortgage Trust		5.839		05/15/46		903,082
			Series - 2007 C3 (Class AJ)
	3,850,000	g	COMM Mortgage Trust		2.681		08/10/29		3,853,604
			Series - 2016 GCT (Class A)
	5,000,000	g,i	COMM Mortgage Trust		3.538		10/10/29		5,006,300
			Series - 2017 PANW (Class C)
	2,815,000	g	COMM Mortgage Trust		4.353		08/10/30		3,015,498
			Series - 2013 300P (Class A1)
	5,000,000	g	COMM Mortgage Trust		3.544		03/10/31		5,209,161
			Series - 2013 WWP (Class C)

261

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	3,000,000	i	Connecticut Avenue Securities	LIBOR 1 M + 4.250%		5.802	%	01/25/29	$	3,399,404
			Series - 2016 C04 (Class 1M2)
	2,250,000	i	Connecticut Avenue Securities	LIBOR 1 M + 4.450%		6.002		01/25/29		2,507,008
			Series - 2016 C05 (Class 2M2)
	191,475	i	Countrywide Home Loan Mortgage Pass Through Trust			3.484		11/20/34		195,049
			Series - 2004 HYB6 (Class A2)
	5,000,000	g,i	CSAIL Commercial Mortgage Trust			3.677		06/15/37		4,938,012
			Series - 2017 C8 (Class 85BB)
	5,000,000	g,i	CSMC Trust			3.728		11/10/32		5,116,865
			Series - 2017 CALI (Class B)
	10,000,000	g,i	CSMC Trust			3.778		11/10/32		10,154,688
			Series - 2017 CALI (Class C)
	5,240,376	i	GE Capital Commercial Mortgage Corp			5.731		11/10/45		5,344,073
			Series - 2005 C4 (Class AJ)
	750,000	i	GE Commercial Mortgage Corp			5.606		12/10/49		759,130
			Series - 2007 C1 (Class AM)
	5,000,000	g	GRACE Mortgage Trust			3.369		06/10/28		5,127,904
			Series - 2014 GRCE (Class A)
	2,500,000	g	Hudson Yards Mortgage Trust			2.835		08/10/38		2,439,961
			Series - 2016 10HY (Class A)
	2,500,000	g,i	Hudson Yards Mortgage Trust			2.977		08/10/38		2,416,293
			Series - 2016 10HY (Class B)
	5,000,000	g,i	Hudson Yards Mortgage Trust			2.977		08/10/38		4,778,928
			Series - 2016 10HY (Class C)
	33,757	i	Impac CMB Trust	LIBOR 1 M + 0.660%		2.212		03/25/35		32,339
			Series - 2004 11 (Class 2A1)
	1,600,000	g,i	JP Morgan Chase Commercial Mortgage Securities Trust			4.052		01/15/46		1,522,096
			Series - 2013 C13 (Class D)
	1,496,000	g,i	JPMBB Commercial Mortgage Securities Trust			3.364		09/15/47		925,027
			Series - 2014 C23 (Class E)
	1,000,000	i	JPMBB Commercial Mortgage Securities Trust			4.344		02/15/48		980,357
			Series - 2015 C27 (Class C)
	1,508,292	i	LB-UBS Commercial Mortgage Trust			5.541		03/15/39		1,524,607
			Series - 2006 C3 (Class C)
	146,763	i	LB-UBS Commercial Mortgage Trust			5.563		02/15/40		146,861
			Series - 2007 C1 (Class D)
	1,013,605	†,g,i	LVII Resecuritization Trust	LIBOR 1 M + 2.800%		4.042		07/25/47		1,015,506
			Series - 2015 A (Class A)
	831,999	i	ML-CFC Commercial Mortgage Trust			5.526		03/12/51		841,365
			Series - 2007 6 (Class AM)
	5,000,000	g	Morgan Stanley Capital I Trust			3.350		07/13/29		5,114,123
			Series - 2014 CPT (Class A)
	1,090,000	g,i	Morgan Stanley Capital I Trust			3.446		07/13/29		1,104,034
			Series - 2014 CPT (Class B)
	5,000,000	g	Morgan Stanley Capital I Trust			2.695		01/11/32		4,995,259
			Series - 2013 WLSR (Class A)
	1,313,875	i	Morgan Stanley Capital I Trust			5.995		06/11/49		1,315,866
			Series - 2007 IQ15 (Class AJ)
	1,939,252	i	Morgan Stanley Capital I Trust			6.169		12/12/49		1,745,327
			Series - 2007 IQ16 (Class AJFX)

262

TIAA-CREF FUNDS - Social Choice Bond Fund

				REFERENCE				MATURITY
PRINCIPAL			ISSUER	RATE & SPREAD	RATE			DATE	VALUE
$	2,500,000	g,i	MSDB Trust			3.316	%	07/11/39	$	2,529,106
			Series - 2017 712F (Class A)
	2,750,000	g,i	MSDB Trust			3.453		07/11/39		2,768,524
			Series - 2017 712F (Class B)
	3,000,000	g	OBP Depositor LLC Trust			4.646		07/15/45		3,136,217
			Series - 2010 OBP (Class A)
	1,908,659	g,i	Sequoia Mortgage Trust			3.500		04/25/47		1,934,441
			Series - 2017 3 (Class A4)
	4,576,271	g,i	Sequoia Mortgage Trust			3.000		08/25/47		4,580,472
			Series - 2017 5 (Class A5)
	347,920	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.200%		3.752		03/25/25		350,789
			Series - 2015 HQ1 (Class M2)
	250,000	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 3.800%		5.352		03/25/25		271,750
			Series - 2015 HQ1 (Class M3)
	3,423,559	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 2.200%		3.752		10/25/28		3,470,994
			Series - 2016 DNA2 (Class M2)
	1,750,000	i	Structured Agency Credit Risk Debt Note (STACR)	LIBOR 1 M + 1.350%		2.902		03/25/29		1,775,558
			Series - 2016 HQA3 (Class M2)
	708,010	i	Wachovia Bank Commercial Mortgage Trust			5.825		07/15/45		711,144
			Series - 2006 C27 (Class AJ)
	676,161	i	Wachovia Bank Commercial Mortgage Trust			6.084		05/15/46		693,357
			Series - 2007 C34 (Class AJ)
	2,000,000	i	Wachovia Bank Commercial Mortgage Trust			6.159		05/15/46		2,048,864
			Series - 2007 C34 (Class C)
	1,000,000	i	Wachovia Bank Commercial Mortgage Trust			6.214		05/15/46		1,024,932
			Series - 2007 C34 (Class B)
	1,178,691	i	Wachovia Bank Commercial Mortgage Trust			5.660		04/15/47		1,196,713
			Series - 2007 C31 (Class AJ)
	215,310	i	Wachovia Bank Commercial Mortgage Trust			5.783		06/15/49		217,465
			Series - 2007 C32 (Class AJ)
	1,000,000	i	Wachovia Bank Commercial Mortgage Trust			5.783		06/15/49		599,580
			Series - 2007 C32 (Class B)
	20,877	i	Wachovia Bank Commercial Mortgage Trust			6.011		02/15/51		20,848
			Series - 2007 C33 (Class AM)
			TOTAL OTHER MORTGAGE BACKED							131,993,720
			TOTAL STRUCTURED ASSETS							234,780,878
			(Cost $235,650,794)
			TOTAL BONDS							1,599,934,624
			(Cost $1,591,664,086)
SHARES			COMPANY
PREFERRED STOCKS - 0.0%
BANKS - 0.0%
	250	*	M&T Bank Corp							268,875
			TOTAL BANKS							268,875
			TOTAL PREFERRED STOCKS							268,875
			(Cost $255,625)

263

TIAA-CREF FUNDS - Social Choice Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
SHORT-TERM INVESTMENTS - 5.0%
GOVERNMENT AGENCY DEBT - 1.4%
$	24,940,000	Federal Home Loan Bank (FHLB)		1.050	%	01/02/18	$	24,940,000
		TOTAL GOVERNMENT AGENCY DEBT						24,940,000
TREASURY DEBT - 3.6%
	20,000,000	United States Cash Management Bill		0.900		01/02/18		20,000,000
	28,235,000	United States Treasury Bill		1.176		01/04/18		28,233,222
	13,865,000	United States Treasury Bill		1.166		01/25/18		13,854,104
		TOTAL TREASURY DEBT						62,087,326
		TOTAL SHORT-TERM INVESTMENTS						87,027,326
		(Cost $87,025,240)
		TOTAL INVESTMENTS - 99.3%						1,710,818,794
		(Cost $1,702,464,428)
		OTHER ASSETS & LIABILITIES, NET - 0.7%						11,316,375
		NET ASSETS - 100.0%					$	1,722,135,169

	Abbreviation(s):
LIBOR	London Interbank Offered Rate
M	Month
REIT	Real Estate Investment Trust

*	Non-income producing
†	Security is categorized as Level 3 in the fair value hierarchy.
g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $371,985,537 or 21.6% of net assets.
i	Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.
j	Zero coupon

264

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

TIAA-CREF FUNDS
TAX-EXEMPT BOND FUND
SCHEDULE OF INVESTMENTS (unaudited)
December 31, 2017

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
LONG-TERM MUNICIPAL BONDS - 99.1%
ALABAMA - 1.4%
$	975,000		County of Jefferson AL		5.000	%	09/15/22	$	1,101,818
	2,395,000		University of South Alabama		5.000		11/01/31		2,856,133
			TOTAL ALABAMA						3,957,951
ALASKA - 1.3%
	500,000		Alaska Municipal Bond Bank Authority		5.000		12/01/31		574,300
	2,570,000		Borough of Matanuska-Susitna AK		5.000		09/01/25		3,056,758
			TOTAL ALASKA						3,631,058
ARIZONA - 0.3%
	200,000		City of Phoenix Civic Improvement Corp		5.000		07/01/24		237,310
	200,000		City of Phoenix Civic Improvement Corp		5.000		07/01/25		241,412
	190,000		Pinal County Electric District No 3		5.000		07/01/33		223,288
			TOTAL ARIZONA						702,010
CALIFORNIA - 7.9%
	715,000	g	California School Finance Authority		5.000		08/01/25		821,699
	2,000,000		City of Los Angeles Department of Airports		5.000		05/15/27		2,385,300
	1,715,000		Elk Grove Finance Authority		5.000		09/01/30		1,973,433
	700,000		Kern County Water Agency Improvement District No 4		5.000		05/01/24		835,233
	1,185,000		Livermore Redevelopment Agency		5.000		08/01/21		1,319,734
	450,000		Palmdale Community Redevelopment Agency		5.000		09/01/25		542,246
	550,000		Palmdale Community Redevelopment Agency		5.000		09/01/26		672,282
	415,000		Palmdale Community Redevelopment Agency		5.000		09/01/31		491,078
	1,000,000		Port of Oakland		5.000		11/01/21		1,114,690
	750,000		San Diego Public Facilities Financing Authority		5.000		10/15/31		888,833
	800,000		San Francisco City & County Redevelopment Agency		5.000		08/01/25		964,848
	500,000		Santee CDC Successor Agency		5.000		08/01/27		609,760
	3,000,000		State of California		5.000		09/01/24		3,583,380
	1,000,000		State of California		5.000		09/01/24		1,194,460
	2,000,000		State of California, GO		5.000		02/01/22		2,254,720
	1,710,000		West Contra Costa Unified School District, GO		5.700		02/01/21		1,920,809
			TOTAL CALIFORNIA						21,572,505
COLORADO - 2.5%
	1,500,000		City & County of Denver CO Airport System Revenue		5.000		11/15/30		1,805,685
	2,155,000		Colorado Health Facilities Authority		5.000		01/01/32		2,292,554
	250,000		Colorado Health Facilities Authority		5.000		12/01/41		286,765
	1,000,000		Denver Urban Renewal Authority		5.000		12/01/24		1,192,730

265

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	470,000	Eagle County Airport Terminal Corp		4.000	%	05/01/24	$	515,628
	580,000	Park Creek Metropolitan District		5.000		12/01/23		662,975
		TOTAL COLORADO						6,756,337
CONNECTICUT - 2.5%
	1,250,000	City of New Haven CT		5.000		08/15/24		1,436,988
	1,400,000	Connecticut State Health & Educational Facility Authority		5.000		07/01/22		1,588,342
	495,000	Connecticut State Health & Educational Facility Authority		5.000		07/01/27		601,816
	350,000	Connecticut State Health & Educational Facility Authority		5.000		07/01/32		414,767
	350,000	Connecticut State Health & Educational Facility Authority		5.000		07/01/33		413,487
	2,000,000	University of Connecticut		5.000		03/15/28		2,350,720
		TOTAL CONNECTICUT						6,806,120
DISTRICT OF COLUMBIA - 0.4%
	955,000	District of Columbia		5.000		04/01/27		1,168,595
		TOTAL DISTRICT OF COLUMBIA						1,168,595
FLORIDA - 4.3%
	250,000	County of Broward FL Airport System Revenue		5.000		10/01/27		305,440
	250,000	County of Broward FL Airport System Revenue		5.000		10/01/28		303,987
	1,000,000	County of Orange FL		5.000		10/01/21		1,116,500
	1,100,000	Greater Orlando Aviation Authority		5.000		10/01/26		1,317,624
	1,225,000	JEA Electric System Revenue		5.000		10/01/21		1,360,656
	1,375,000	Miami-Dade County Expressway Authority		5.000		07/01/31		1,613,631
	2,180,000	Port St. Lucie Community Redevelopment Agency		5.000		01/01/26		2,593,568
	500,000	School District of Broward County		5.000		07/01/31		592,610
	1,500,000	Tampa-Hillsborough County Expressway Authority		4.000		07/01/42		1,611,795
	130,000	Volusia County Educational Facility Authority		5.000		10/15/23		150,580
	105,000	Volusia County Educational Facility Authority		5.000		10/15/24		123,646
	75,000	Volusia County Educational Facility Authority		5.000		10/15/25		89,294
	540,000	Volusia County Educational Facility Authority		5.000		10/15/32		642,557
		TOTAL FLORIDA						11,821,888
GEORGIA - 2.1%
	1,000,000	City of Atlanta Department of Aviation		5.000		01/01/24		1,175,470
	1,000,000	Dahlonega Downtown Development Authority		4.000		07/01/37		1,068,440
	1,250,000	Dahlonega Downtown Development Authority		4.000		07/01/38		1,334,488
	1,000,000	Dahlonega Downtown Development Authority		5.000		07/01/39		1,173,200
	1,000,000	Glynn-Brunswick Memorial Hospital Authority		5.000		08/01/47		1,128,090
		TOTAL GEORGIA						5,879,688

266

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
GUAM - 0.4%
$	1,000,000	Territory of Guam		5.000	%	12/01/30	$	1,139,400
		TOTAL GUAM						1,139,400
HAWAII - 0.4%
	1,000,000	State of Hawaii Airports System Revenue		5.000		07/01/41		1,147,070
		TOTAL HAWAII						1,147,070
ILLINOIS - 14.3%
	1,500,000	Chicago Board of Education		5.000		12/01/26		1,603,335
	1,500,000	Chicago Board of Education		5.000		12/01/27		1,600,170
	2,000,000	Chicago Midway International Airport		5.000		01/01/26		2,365,040
	400,000	Chicago O’Hare International Airport		5.000		01/01/22		445,524
	750,000	Chicago O’Hare International Airport		5.000		01/01/25		883,852
	300,000	Chicago O’Hare International Airport		5.000		01/01/28		355,299
	1,000,000	Chicago O’Hare International Airport		5.000		01/01/32		1,135,470
	400,000	Chicago Park District		5.000		01/01/23		450,280
	1,000,000	Chicago Public Building Commission		5.250		03/01/24		1,124,620
	2,085,000	Chicago State University		5.500		12/01/23		2,293,667
	1,220,000	Chicago Transit Authority		5.250		12/01/24		1,354,334
	1,000,000	Chicago Transit Authority		5.000		06/01/25		1,161,540
	1,000,000	City of Chicago IL Motor Fuel Tax Revenue		5.000		01/01/24		1,092,910
	1,500,000	City of Chicago IL Wastewater Transmission Revenue		5.000		01/01/22		1,656,135
	500,000	City of Chicago IL Wastewater Transmission Revenue		5.000		01/01/22		552,045
	1,000,000	City of Chicago IL Wastewater Transmission Revenue		5.000		01/01/23		1,123,690
	1,000,000	City of Chicago IL Wastewater Transmission Revenue		5.000		01/01/25		1,155,350
	1,000,000	City of Chicago IL Wastewater Transmission Revenue		5.000		01/01/26		1,176,180
	1,500,000	City of Chicago IL, GO		5.500		01/01/35		1,629,420
	650,000	City of Chicago IL, GO		5.500		01/01/37		706,082
	500,000	City of Chicago IL, GO		5.500		01/01/42		541,245
	500,000	Cook County School District No 25 Arlington Heights		5.000		12/15/23		579,790
	1,750,000	County of Cook IL		5.000		11/15/31		2,013,305
	400,000	Illinois Finance Authority		5.000		05/01/21		440,748
	500,000	Illinois Finance Authority		5.000		11/01/21		558,325
	2,000,000	Metropolitan Water Reclamation District of Greater Chicago		5.000		12/01/30		2,374,320
	1,500,000	Sales Tax Securitization Corp		5.000		01/01/30		1,834,275
	2,000,000	State of Illinois		5.000		02/01/18		2,004,220
	695,000	State of Illinois		5.000		06/15/24		805,978
	2,000,000	State of Illinois		5.000		06/01/28		2,165,340
	1,500,000	State of Illinois, GO		5.000		06/15/19		1,564,860
	405,000	State of Illinois, GO		6.250		12/15/20		424,732
		TOTAL ILLINOIS						39,172,081
INDIANA - 1.6%
	2,120,000	Indiana Bond Bank		5.250		04/01/19		2,214,382
	1,940,000	Indianapolis Local Public Improvement Bond Bank		5.500		01/01/21		2,141,159
		TOTAL INDIANA						4,355,541

267

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
IOWA - 0.2%
$	475,000		Iowa Higher Education Loan Authority		5.000	%	10/01/27	$	567,587
			TOTAL IOWA						567,587
KANSAS - 0.4%
	1,000,000		Wyandotte County-Kansas City Unified Government Utility System Revenue		5.000		09/01/22		1,135,720
			TOTAL KANSAS						1,135,720
KENTUCKY - 1.9%
	2,000,000		Kentucky Turnpike Authority		5.000		07/01/26		2,436,920
	1,250,000		Paducah Electric Plant Board		5.000		10/01/34		1,429,600
	1,250,000		Paducah Electric Plant Board		5.000		10/01/35		1,428,575
			TOTAL KENTUCKY						5,295,095
LOUISIANA - 1.2%
	750,000		Louisiana Local Government Environmental Facilities & Community Development Auth		5.000		10/01/27		904,582
	1,000,000		Louisiana Public Facilities Authority		5.250		10/01/24		1,127,840
	1,000,000		State of Louisiana		5.000		08/01/26		1,216,030
			TOTAL LOUISIANA						3,248,452
MAINE - 0.3%
	750,000	g	Finance Authority of Maine		5.375		12/15/33		765,735
			TOTAL MAINE						765,735
MARYLAND - 0.6%
	1,400,000		Maryland Economic Development Corp		5.000		03/31/36		1,578,248
			TOTAL MARYLAND						1,578,248
MASSACHUSETTS - 1.2%
	1,040,000		Massachusetts Department of Transportation		5.000		01/01/32		1,101,755
	625,000		Massachusetts Development Finance Agency		5.000		07/01/21		692,669
	500,000		Massachusetts Development Finance Agency		5.000		12/01/29		599,290
	750,000		Massachusetts Development Finance Agency		5.000		12/01/31		891,682
			TOTAL MASSACHUSETTS						3,285,396
MICHIGAN - 7.0%
	1,190,000		Lansing Community College		5.000		05/01/32		1,322,114
	3,000,000		Michigan Finance Authority		5.000		04/01/21		3,248,790
	1,500,000		Michigan Finance Authority		5.000		07/01/22		1,659,825
	2,000,000		Michigan Finance Authority		5.000		04/01/25		2,292,260
	2,000,000		Michigan Finance Authority		5.000		11/15/28		2,365,700
	1,100,000		Michigan Finance Authority		5.000		07/01/35		1,238,809

268

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
$	1,650,000	Michigan Finance Authority		5.000	%	07/01/44	$	1,811,799
	2,000,000	Michigan Finance Authority, GO		5.000		05/01/18		2,022,940
	1,000,000	Michigan Finance Authority, GO		5.000		05/01/20		1,067,870
	1,000,000	Michigan Finance Authority, GO		5.000		10/01/22		1,148,800
	500,000	Michigan State Building Authority		5.000		04/15/22		564,340
	425,000	Rochester Community School District		4.500		05/01/20		451,036
		TOTAL MICHIGAN						19,194,283
MINNESOTA - 1.5%
	500,000	Northern Municipal Power Agency		5.000		01/01/26		598,475
	500,000	Northern Municipal Power Agency		5.000		01/01/28		593,255
	1,715,000	University of Minnesota		5.000		08/01/21		1,909,361
	1,000,000	Western Minnesota Municipal Power Agency		5.000		01/01/22		1,123,620
		TOTAL MINNESOTA						4,224,711
MISSISSIPPI - 2.7%
	750,000	Mississippi Development Bank		5.000		04/01/23		858,653
	1,500,000	Mississippi Development Bank		5.000		03/01/24		1,729,500
	750,000	Mississippi Development Bank		5.000		04/01/24		873,780
	1,250,000	Mississippi Development Bank		5.000		03/01/25		1,459,050
	1,045,000	Mississippi Development Bank		5.000		03/01/26		1,232,525
	1,000,000	Mississippi Development Bank		5.000		03/01/35		1,137,580
		TOTAL MISSISSIPPI						7,291,088
MISSOURI - 3.0%
	1,225,000	City of Kansas City MO		5.000		10/01/26		1,466,043
	1,000,000	City of St. Louis MO Parking Revenue		5.000		12/15/24		1,177,410
	1,000,000	City of St. Louis MO Parking Revenue		5.000		12/15/25		1,195,140
	1,000,000	City of St. Louis MO Parking Revenue		5.000		12/15/26		1,200,770
	500,000	St. Louis Land Clearance for Redevelopment Authority		3.000		06/01/18		503,570
	450,000	St. Louis Land Clearance for Redevelopment Authority		4.000		06/01/20		475,331
	1,745,000	St. Louis Municipal Finance Corp		5.000		02/15/26		2,063,637
		TOTAL MISSOURI						8,081,901
NEBRASKA - 0.8%
	300,000	Omaha Airport Authority		5.000		12/15/21		335,592
	250,000	Omaha Airport Authority		5.000		12/15/22		284,418
	350,000	Omaha Airport Authority		5.000		12/15/23		406,067
	1,050,000	Public Power Generation Agency		5.000		01/01/22		1,170,351
		TOTAL NEBRASKA						2,196,428
NEVADA - 0.4%
	1,000,000	Las Vegas Redevelopment Agency		5.000		06/15/26		1,182,670
		TOTAL NEVADA						1,182,670

269

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
NEW JERSEY - 1.6%
$	250,000	New Jersey Economic Development Authority		5.000	%	06/15/19	$	259,243
	250,000	New Jersey Economic Development Authority		5.000		06/15/20		264,455
	1,000,000	New Jersey Economic Development Authority		4.000		07/01/22		1,040,470
	1,000,000	New Jersey Educational Facilities Authority		5.000		07/01/27		1,204,690
	1,000,000	New Jersey Transportation Trust Fund Authority		5.000		06/15/20		1,058,800
	500,000	South Jersey Port Corp		5.000		01/01/48		546,895
		TOTAL NEW JERSEY						4,374,553
NEW YORK - 5.6%
	1,000,000	Brooklyn Arena Local Development Corp		5.000		07/15/25		1,168,440
	1,000,000	Brooklyn Arena Local Development Corp		5.000		07/15/26		1,175,910
	1,000,000	County of Nassau NY		5.000		10/01/26		1,201,330
	1,000,000	Long Island Power Authority		5.000		09/01/47		1,173,040
	1,235,000	Metropolitan Transportation Authority		5.000		11/15/38		1,408,987
	2,500,000	New York City Water & Sewer System		5.250		06/15/40		2,619,200
	375,000	New York Transportation Development Corp		5.000		07/01/30		421,076
	1,000,000	New York Transportation Development Corp		5.000		08/01/31		1,068,750
	1,385,000	Troy Capital Resource Corp		5.000		08/01/24		1,623,109
	750,000	Utility Debt Securitization Authority		5.000		06/15/24		853,913
	1,230,000	Westchester County Local Development Corp		5.000		11/01/24		1,426,898
	1,000,000	Westchester County Local Development Corp		5.000		11/01/25		1,175,930
		TOTAL NEW YORK						15,316,583
NORTH CAROLINA - 2.1%
	150,000	City of Charlotte NC Airport Revenue		5.000		07/01/22		169,596
	160,000	City of Charlotte NC Airport Revenue		5.000		07/01/23		185,038
	100,000	City of Charlotte NC Airport Revenue		5.000		07/01/24		117,986
	100,000	City of Charlotte NC Airport Revenue		5.000		07/01/25		119,860
	1,355,000	County of Duplin NC		5.000		04/01/27		1,622,653
	900,000	North Carolina Medical Care Commission		5.000		10/01/18		919,350
	240,000	North Carolina Medical Care Commission		4.000		10/01/19		247,138
	2,000,000	North Carolina Medical Care Commission		5.000		06/01/34		2,159,680
	200,000	North Carolina Turnpike Authority		5.000		01/01/22		221,464
		TOTAL NORTH CAROLINA						5,762,765
NORTH DAKOTA - 0.4%
	1,000,000	North Dakota Housing Finance Agency		2.400		01/01/26		995,670
		TOTAL NORTH DAKOTA						995,670
OHIO - 2.0%
	115,000	American Municipal Power, Inc		5.250		02/15/33		115,520
	1,200,000	City of Cleveland OH Airport System Revenue		5.000		01/01/24		1,396,524
	1,000,000	Cleveland-Cuyahoga County Port Authority		5.000		08/01/44		1,039,210
	1,660,000	State of Ohio, GO		5.000		01/15/21		1,811,492
	1,000,000	State of Ohio, GO		5.000		08/01/21		1,113,700
		TOTAL OHIO						5,476,446

270

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
OREGON - 0.8%
$	1,000,000	Port of Portland OR		5.000	%	07/01/21	$	1,102,550
	1,000,000	Port of Portland OR		5.000		07/01/22		1,127,880
		TOTAL OREGON						2,230,430
PENNSYLVANIA - 4.9%
	1,100,000	Allegheny County Higher Education Building Authority		5.000		03/01/29		1,287,671
	480,000	Borough of Columbia PA		4.000		06/15/38		508,478
	250,000	Coatesville School District		4.000		08/01/20		260,575
	500,000	Coatesville School District		5.000		08/01/21		545,025
	740,000	Coatesville School District		5.000		08/01/25		862,529
	2,000,000	Commonwealth of Pennsylvania		5.000		09/15/23		2,303,020
	350,000	County of Luzerne PA		5.000		12/15/22		396,599
	795,000	Montgomery County Industrial Development Authority		3.000		01/01/18		795,000
	2,000,000	Pennsylvania Economic Development Financing Authority		5.000		12/31/25		2,347,620
	2,500,000	Pennsylvania State University		5.000		03/01/40		2,668,225
	1,155,000	State Public School Building Authority		5.000		05/01/25		1,371,008
		TOTAL PENNSYLVANIA						13,345,750
RHODE ISLAND - 3.2%
	825,000	Rhode Island Commerce Corp		5.000		06/15/27		1,005,386
	810,000	Rhode Island Health & Educational Building Corp		4.000		05/15/20		843,809
	815,000	Rhode Island Health & Educational Building Corp		5.000		05/15/21		886,150
	2,000,000	Rhode Island Health & Educational Building Corp		5.000		09/01/21		2,231,000
	1,420,000	Rhode Island Health & Educational Building Corp		5.000		05/15/22		1,576,512
	2,000,000	State of Rhode Island, GO		5.000		08/01/21		2,222,980
		TOTAL RHODE ISLAND						8,765,837
SOUTH CAROLINA - 0.1%
	250,000	Piedmont Municipal Power Agency		5.000		01/01/24		291,555
		TOTAL SOUTH CAROLINA						291,555
SOUTH DAKOTA - 0.8%
	390,000	South Dakota Health & Educational Facilities Authority		5.000		11/01/22		443,192
	415,000	South Dakota Health & Educational Facilities Authority		5.000		11/01/23		481,172
	500,000	South Dakota Health & Educational Facilities Authority		5.000		11/01/24		589,330
	465,000	South Dakota Health & Educational Facilities Authority		5.000		11/01/25		556,293
		TOTAL SOUTH DAKOTA						2,069,987
TENNESSEE - 0.1%
	350,000	Knox County Health Educational & Housing Facility Board		5.000		04/01/20		371,493
		TOTAL TENNESSEE						371,493

271

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

							MATURITY
PRINCIPAL			ISSUER	RATE			DATE	VALUE
TEXAS - 7.9%
$	800,000		Austin Convention Enterprises, Inc		5.000	%	01/01/22	$	888,120
	400,000		City of Austin TX Airport System Revenue		5.000		11/15/27		483,316
	900,000		City of Austin TX Airport System Revenue		5.000		11/15/39		1,017,477
	1,970,000		City of Houston TX		5.000		03/01/32		2,344,300
	1,500,000		City of Lubbock TX		5.000		02/15/25		1,791,600
	500,000		County of Galveston TX		4.000		02/01/38		542,365
	550,000		Dallas County Utility & Reclamation District		5.000		02/15/26		656,221
	425,000		Harris County Cultural Education Facilities Finance Corp		5.000		11/15/22		486,170
	1,105,000		Love Field Airport Modernization Corp		5.250		11/01/40		1,194,980
	1,000,000		North Texas Tollway Authority		2.000		01/01/23		999,530
	665,000		Southlake Community Enhancement & Development Corp		5.000		02/15/23		759,816
	3,000,000		State of Texas		5.000		10/01/23		3,521,610
	455,000		Tarrant County Cultural Education Facilities Finance Corp		4.000		11/15/18		461,984
	1,750,000		Tarrant County Cultural Education Facilities Finance Corp		5.000		11/15/35		1,850,083
	1,400,000		Texas Municipal Gas Acquisition & Supply Corp III		5.000		12/15/22		1,579,382
	1,545,000		Texas Municipal Gas Acquisition & Supply Corp III		5.000		12/15/32		1,719,956
	1,000,000		University of North Texas		5.000		04/15/27		1,232,030
			TOTAL TEXAS						21,528,940
UTAH - 0.8%
	1,000,000		Salt Lake City Corp Airport Revenue		5.000		07/01/22		1,128,800
	1,000,000		Utah Transit Authority		4.000		12/15/31		1,087,370
			TOTAL UTAH						2,216,170
VIRGIN ISLANDS - 4.0%
	2,000,000	g	Virgin Islands Public Finance Authority		5.000		09/01/25		2,234,920
	2,500,000	g	Virgin Islands Public Finance Authority		5.000		09/01/33		2,703,500
	6,000,000	g	Virgin Islands Water & Power Authority-Electric System		5.500		11/15/18		5,970,060
			TOTAL VIRGIN ISLANDS						10,908,480
VIRGINIA - 0.4%
	1,000,000		Virginia Small Business Financing Authority		5.000		07/01/34		1,082,200
			TOTAL VIRGINIA						1,082,200
WASHINGTON - 3.1%
	2,705,000		Central Puget Sound Regional Transit Authority		5.250		02/01/21		2,890,671
	1,955,000		Energy Northwest		5.000		07/01/23		2,240,117
	3,000,000		State of Washington, GO		5.250		02/01/22		3,416,550
			TOTAL WASHINGTON						8,547,338

272

TIAA-CREF FUNDS - Tax-Exempt Bond Fund

						MATURITY
PRINCIPAL		ISSUER	RATE			DATE	VALUE
WEST VIRGINIA - 0.5%
$	1,000,000	West Virginia Higher Education Policy Commission		5.000	%	07/01/27	$	1,223,380
		TOTAL WEST VIRGINIA						1,223,380
WISCONSIN - 0.2%
	500,000	Public Finance Authority		5.000		09/30/49		569,405
		TOTAL WISCONSIN						569,405
		TOTAL LONG-TERM MUNICIPAL BONDS						271,234,540
		(Cost $268,541,952)
		TOTAL INVESTMENTS - 99.1%						271,234,540
		(Cost $268,541,952)
		OTHER ASSETS & LIABILITIES, NET - 0.9%						2,333,415
		NET ASSETS - 100.0%					$	273,567,955
		Abbreviation(s):
	GO	General Obligation
	g	Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/2017, the aggregate value of these securities was $12,495,914 or 4.6% of net assets.

273

TIAA-CREF FUNDS - Money Market Fund

TIAA-CREF FUNDS
MONEY MARKET FUND
SCHEDULE OF INVESTMENTS (unaudited)
December 31, 2017

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 100.5%
GOVERNMENT AGENCY DEBT - 64.1%
$	2,000,000	Federal Agricultural Mortgage Corp (FAMC)		0.010	%	01/05/18	$	1,999,722
	2,840,000	FAMC		1.110		01/30/18		2,837,461
	4,000,000	FAMC		1.150		02/01/18		3,996,039
	2,480,000	FAMC		1.200		02/12/18		2,476,528
	3,000,000	FAMC		1.180		02/16/18		2,995,477
	1,380,000	FAMC		1.230		02/20/18		1,377,642
	4,186,000	FAMC		0.010		05/29/18		4,161,219
	4,593,000	Federal Farm Credit Bank (FFCB)		0.010-1.130		01/17/18		4,590,715
	2,580,000	FFCB		0.010		01/23/18		2,578,092
	900,000	FFCB		0.010-1.170		01/24/18		899,333
	1,000,000	FFCB		1.100		01/26/18		999,236
	5,000,000	FFCB		0.010		02/06/18		4,993,700
	1,000,000	FFCB		0.010		02/08/18		998,712
	2,000,000	FFCB		0.800		02/12/18		1,999,128
	6,100,000	FFCB		1.100		02/13/18		6,091,985
	1,000,000	FFCB		0.010		02/15/18		998,400
	3,000,000	FFCB		0.010		02/22/18		2,994,540
	6,630,000	FFCB		0.010		03/13/18		6,613,132
	2,000,000	FFCB		1.180		03/23/18		1,994,690
	5,200,000	FFCB		0.010		03/27/18		5,183,671
	1,860,000	FFCB		0.010-1.180		03/29/18		1,854,203
	800,000	FFCB		0.010		04/05/18		797,138
	295,000	FFCB		0.010		04/09/18		293,876
	2,000,000	FFCB		0.010		04/10/18		1,992,575
	3,000,000	FFCB		0.010		04/19/18		2,988,120
	1,000,000	FFCB		0.010		04/24/18		995,738
	4,000,000	FFCB		0.010		04/25/18		3,982,773
	700,000	FFCB		0.010		05/24/18		695,941
	655,000	FFCB		0.010		06/05/18		650,854
	800,000	FFCB		0.010		09/06/18		791,182
	2,000,000	Federal Home Loan Bank (FHLB)		1.060		01/02/18		1,999,941
	8,000,000	FHLB		0.010-1.145		01/03/18		7,999,493
	7,355,000	FHLB		0.010-1.100		01/05/18		7,354,077
	7,360,000	FHLB		0.010-1.080		01/08/18		7,358,405
	15,000,000	FHLB		0.010-1.110		01/10/18		14,995,774
	7,390,000	FHLB		0.010-1.110		01/12/18		7,387,330
	1,710,000	FHLB		1.100		01/17/18		1,709,164
	355,000	FHLB		0.010		01/18/18		354,782
	12,680,000	FHLB		0.010-1.120		01/19/18		12,672,824
	10,000,000	FHLB		0.010		01/22/18		9,992,679
	3,315,000	FHLB		1.145		01/23/18		3,312,680
	10,720,000	FHLB		0.010-1.175		01/24/18		10,712,006
	12,800,000	FHLB		0.010-1.150		01/26/18		12,789,445
	5,000,000	FHLB		0.010		01/29/18		4,995,120
	10,300,000	FHLB		1.110-1.200		01/30/18		10,290,474

274

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
$	2,000,000	FHLB		1.200	%	02/01/18	$	1,997,933
	2,000,000	FHLB		1.205		02/02/18		1,997,858
	8,000,000	FHLB		1.220		02/07/18		7,989,969
	3,135,000	FHLB		1.115-1.234		02/09/18		3,130,955
	4,000,000	FHLB		0.010		02/12/18		3,994,143
	4,000,000	FHLB		0.010		02/13/18		3,994,076
	9,822,000	FHLB		0.010		02/14/18		9,806,857
	7,000,000	FHLB		0.010		02/16/18		6,988,986
	11,105,000	FHLB		0.010-1.220		02/20/18		11,085,445
	2,900,000	FHLB		0.010		02/21/18		2,894,639
	6,360,000	FHLB		0.010-1.250		02/23/18		6,348,060
	9,900,000	FHLB		0.010		02/26/18		9,880,277
	11,635,000	FHLB		0.010-1.200		02/27/18		11,611,563
	3,000,000	FHLB		0.010		03/01/18		2,993,707
	5,465,000	FHLB		1.145-1.170		03/02/18		5,454,468
	7,980,000	FHLB		0.010		03/05/18		7,961,776
	1,870,000	FHLB		0.010		03/06/18		1,865,778
	5,000,000	FHLB		0.010		03/08/18		4,988,175
	8,750,000	FHLB		0.010		03/12/18		8,727,751
	625,000	FHLB		0.010		03/14/18		623,381
	12,000,000	FHLB		0.010		03/16/18		11,967,882
	5,000,000	FHLB		0.010		03/22/18		4,985,556
	2,000,000	FHLB		1.260		03/23/18		1,994,330
	6,300,000	FHLB		0.010		03/28/18		6,280,134
	1,000,000	FHLB		1.240		04/20/18		996,246
	1,000,000	FHLB		1.320		05/02/18		995,563
	1,030,000	FHLB		1.250		05/03/18		1,025,637
	4,000,000	FHLB		0.010		05/04/18		3,981,413
	2,000,000	FHLB		0.010		05/11/18		1,989,744
	2,000,000	FHLB		0.010		05/16/18		1,989,500
	700,000	FHLB		0.010		06/27/18		694,838
	11,348,000	Federal Home Loan Mortgage Corp (FHLMC)		1.065-1.070		01/09/18		11,345,306
	5,000,000	FHLMC		0.750		01/12/18		4,999,437
	12,000,000	FHLMC		1.080-1.090		01/16/18		11,994,592
	2,000,000	FHLMC		0.010		01/17/18		1,998,975
	7,000,000	FHLMC		1.100		01/22/18		6,995,508
	1,000,000	FHLMC		1.140		01/26/18		999,208
	6,500,000	FHLMC		0.010-1.115		02/02/18		6,493,600
	10,000,000	FHLMC		1.080-1.110		02/05/18		9,989,383
	6,930,000	FHLMC		0.010		02/06/18		6,921,441
	8,000,000	FHLMC		1.105-1.190		02/09/18		7,989,963
	2,760,000	FHLMC		1.125		02/12/18		2,756,377
	3,000,000	FHLMC		0.010		02/21/18		2,994,666
	4,000,000	FHLMC		1.160		03/01/18		3,992,396
	1,000,000	FHLMC		0.010		03/12/18		997,492
	8,285,000	FHLMC		0.010		04/10/18		8,255,519
	2,890,000	FHLMC		0.010		04/11/18		2,879,564
	4,500,000	FHLMC		0.010		04/12/18		4,483,461
	7,000,000	FHLMC		0.010		04/13/18		6,974,018
	540,000	FHLMC		1.200		04/16/18		538,110
	5,000,000	FHLMC		0.010		04/17/18		4,981,156
	2,000,000	FHLMC		0.010		04/18/18		1,992,213
	3,000,000	FHLMC		1.305		05/04/18		2,986,624
	6,000,000	Federal National Mortgage Association (FNMA)		0.010-1.045		01/03/18		5,999,636

275

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	5,000,000		FNMA			1.060%-1.100	%	01/05/18	$	4,999,398
	9,000,000		FNMA			0.010-1.060		01/08/18		8,998,052
	2,065,000		FNMA			0.010		01/09/18		2,064,491
	750,000		FNMA			0.010		01/12/18		749,741
	5,000,000		FNMA			1.085		01/17/18		4,997,589
	4,000,000		FNMA			1.140		01/22/18		3,997,340
	8,430,000		FNMA			0.010-1.060		01/23/18		8,424,484
	3,000,000		FNMA			1.105-1.150		01/24/18		2,997,854
	5,000,000		FNMA			1.070		01/29/18		4,995,839
	3,485,000		FNMA			0.010-1.215		02/07/18		3,480,549
	3,000,000		FNMA			0.010		02/08/18		2,996,200
	2,000,000		FNMA			0.010		02/13/18		1,997,014
	3,000,000		FNMA			0.010		02/14/18		2,995,380
	5,761,000		FNMA			0.010		02/21/18		5,750,493
	1,705,000		FNMA			0.010		02/28/18		1,701,429
	3,000,000		FNMA			0.010		03/01/18		2,993,657
	5,170,000		FNMA			0.010		03/02/18		5,158,884
	2,250,000		FNMA			0.010		03/05/18		2,244,999
	9,185,000		FNMA			0.010		03/06/18		9,164,084
	8,620,000		FNMA			0.010		03/07/18		8,599,832
	8,100,000		FNMA			0.010		03/13/18		8,079,712
	5,360,000		Tennessee Valley Authority (TVA)			0.010		01/09/18		5,358,489
	3,000,000		TVA			0.010		01/16/18		2,998,400
			TOTAL GOVERNMENT AGENCY DEBT							566,285,211
TREASURY DEBT - 19.6%
	9,000,000		United States Cash Management Bill			0.010-1.047		01/02/18		8,999,737
	17,930,000		United States Treasury Bill			0.010-1.075		01/04/18		17,928,390
	12,000,000		United States Treasury Bill			0.010-1.085		01/11/18		11,996,280
	15,300,000		United States Treasury Bill			0.010-1.078		01/18/18		15,292,210
	15,205,000		United States Treasury Bill			0.010-1.102		01/25/18		15,194,139
	6,470,000		United States Treasury Bill			0.010-1.180		02/01/18		6,463,752
	8,250,000		United States Treasury Bill			0.010-1.126		02/08/18		8,240,187
	1,000,000		United States Treasury Bill			0.010		02/15/18		998,413
	8,523,000		United States Treasury Bill			0.010-1.175		02/22/18		8,507,789
	13,000,000		United States Treasury Bill			0.010-1.130		03/08/18		12,970,497
	1,000,000		United States Treasury Bill			0.010		06/14/18		993,433
	4,000,000		United States Treasury Bill			0.010		06/21/18		3,972,250
	4,000,000		United States Treasury Bill			0.010		07/19/18		3,967,690
	4,000,000		United States Treasury Note			0.750		01/31/18		3,998,732
	9,000,000		United States Treasury Note			0.875		01/31/18		8,997,842
	11,000,000		United States Treasury Note			1.000		02/15/18		10,997,895
	10,055,000		United States Treasury Note			0.750		02/28/18		10,048,261
	11,500,000		United States Treasury Note			1.000		03/15/18		11,496,475
	7,000,000		United States Treasury Note			1.125		06/15/18		6,994,738
	4,750,000		United States Treasury Note			0.750		07/31/18		4,728,970
			TOTAL TREASURY DEBT							172,787,680
VARIABLE RATE SECURITIES - 16.8%
	5,000,000	i	Federal Agricultural Mortgage Corp (FAMC)	EFFR + 0.120%		1.540		03/23/18		5,000,000
	5,000,000	i	FAMC	LIBOR 3 M - 0.230%		1.144		04/27/18		5,000,000
	4,500,000	i	FAMC	LIBOR 1 M - 0.120%		1.432		05/25/18		4,500,000
	5,000,000	i	FAMC	LIBOR 1 M - 0.120%		1.357		06/15/18		5,000,000

276

TIAA-CREF FUNDS - Money Market Fund

PRINCIPAL			ISSUER	REFERENCE RATE & SPREAD	RATE			MATURITY DATE	VALUE
$	3,000,000	i	FAMC	LIBOR 1 M + 0.060%		1.595	%	06/22/18	$	3,002,310
	5,000,000	i	FAMC	LIBOR 1 M - 0.120%		1.252		08/03/18		5,000,000
	4,500,000	i	FAMC	LIBOR 1 M - 0.100%		1.261		11/01/18		4,500,000
	3,700,000	i	FAMC	LIBOR 1 M - 0.075%		1.297		02/04/19		3,700,000
	3,000,000	i	FAMC	EFFR + 0.010%		1.430		04/01/19		3,000,000
	3,000,000	i	Federal Farm Credit Bank (FFCB)	EFFR + 0.110%		1.530		01/22/18		3,000,289
	3,400,000	i	FFCB	LIBOR 1 M + 0.050%		1.422		02/02/18		3,399,671
	3,000,000	i	FFCB	LIBOR 1 M + 0.150%		1.702		02/23/18		2,999,935
	2,900,000	i	FFCB	FRED - 2.980%		1.520		03/09/18		2,899,193
	2,000,000	i	FFCB	LIBOR 1 M + 0.035%		1.570		03/22/18		1,999,559
	4,000,000	i	FFCB	FRED - 2.870%		1.630		05/17/18		4,000,301
	5,000,000	i	FFCB	LIBOR 1 M - 0.100%		1.307		08/08/18		5,000,029
	4,700,000	i	FFCB	FRED - 2.850%		1.650		08/10/18		4,700,574
	3,000,000	i	FFCB	LIBOR 1 M + 0.030%		1.582		08/27/18		2,999,897
	4,500,000	i	FFCB	LIBOR 1 M - 0.050%		1.441		09/17/18		4,499,678
	2,000,000	i	FFCB	LIBOR 3 M - 0.150%		1.263		11/14/18		1,999,868
	2,000,000	i	FFCB	US Treasury Bill 3 M + 0.050%		1.500		12/05/18		2,001,023
	4,500,000	i	FFCB	FRED - 3.020%		1.480		01/14/19		4,505,134
	4,500,000	i	FFCB	LIBOR 3 M - 0.160%		1.199		01/15/19		4,500,000
	4,500,000	i	FFCB	LIBOR 1 M - 0.110%		1.442		01/25/19		4,500,238
	4,000,000	i	FFCB	FRED - 3.020%		1.480		03/27/19		4,005,459
	5,000,000	i	FFCB	LIBOR 1 M - 0.125%		1.278		06/07/19		5,000,000
	4,750,000	i	FFCB	FRED - 3.080%		1.420		06/27/19		4,750,705
	5,000,000	i	FFCB	FRED - 3.080%		1.420		08/16/19		4,999,198
	3,000,000	i	FFCB	US Treasury Bill 3 M + 0.050%		1.500		10/18/19		3,000,000
	5,000,000	i	Federal Home Loan Bank (FHLB)	LIBOR 3 M - 0.150%		1.304		02/23/18		5,000,100
	4,000,000	i	FHLB	LIBOR 3 M - 0.265%		1.098		04/20/18		4,000,047
	7,000,000	i	FHLB	LIBOR 3 M - 0.200%		1.154		01/18/19		7,000,206
	5,000,000	i	FHLB	LIBOR 1 M - 0.040%		1.495		02/22/19		5,003,182
	4,600,000	i	FHLB	LIBOR 3 M - 0.235%		1.273		03/06/19		4,597,415
	4,500,000	i	Federal Home Loan Mortgage Corp (FHLMC)	LIBOR 1 M - 0.160%		1.335		07/19/18		4,500,000
	5,000,000	i	Federal National Mortgage Association (FNMA)	LIBOR 3 M - 0.030%		1.326		01/11/18		5,000,313
			TOTAL VARIABLE RATE SECURITIES							148,564,324
			TOTAL SHORT-TERM INVESTMENTS							887,637,215
			(Cost $887,637,215)
			TOTAL INVESTMENTS- 100.5%							887,637,215
			(Cost $887,637,215)
			OTHER ASSETS & LIABILITIES, NET - (0.5)%							(4,159,572	)
			NET ASSETS - 100.0%						$	883,477,643
			Abbreviation(s):
	EFFR		Effective Federal Funds Rate
	FRED		Federal Bank Prime Loan Rate
	LIBOR		London Interbank Offered Rate
	M		Month
	i		Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

277

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

Note 1—organization and significant accounting policies

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

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

The accompanying schedules of investments were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) which may require the use of estimates made by management. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 946, Financial Services—Investment Companies. The following is a summary of the significant accounting policies consistently followed by the Funds.

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

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

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

New accounting pronouncement: In March 2017, FASB issued ASU 2017-08, Premium Amortization on Purchased Callable Debt Securities. ASU 2017-08 shortens the premium amortization period on a purchased callable debt security from the security’s contractual life to the earliest call date. It is anticipated that this change will reduce losses recognized when a security is called on an earlier date. This guidance is effective for fiscal years beginning after December 15, 2018.

New rule issuances: In October 2016, the Commission issued Final Rule Release No. 33-10231, Investment Company Reporting Modernization. This final rule modernizes investment company reporting by requiring the filing of new Forms N-PORT and N-CEN, and amends Regulation S-X disclosures related to derivatives and other disclosures in the financial statements and other filings. The requirements of this final rule in relation to Form N-CEN must be complied with by June 1, 2018. In December 2017, the Commission issued Temporary Final Rule Release No. 33-10442, which delayed the filing requirements related to Form N-PORT from June 1, 2018 to April 1, 2019, but still requires the Funds to maintain the data that would have been filed on Form N-PORT during the deferral period. Management is currently assessing the impact of Forms N-PORT and N-CEN on the Funds’ various filings. On August 1, 2017, the Funds implemented amendments to Regulation S-X related to derivatives and other disclosures in the financial statements and other filings. The amended S-X disclosures required under this rule did not have an impact on net assets or results of operations but resulted in new disclosures in the schedules of investments for certain investment types. Please refer to the schedules of investments, Note 3, and Note 4 of the financial statements disclosures for details.

In October 2016, the Commission issued Final Rule Release No. 33-10233, Investment Company Liquidity Risk Management Programs. This final rule requires funds to establish a liquidity risk management program and enhances disclosures regarding funds’ liquidity. The requirements of this final rule must be adopted by December 1, 2018. Management is currently assessing the impact of this rule to the Funds’ financial statements and other filings.

278

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

In March 2017, the Commission issued Final Rule Release No. 34-80295, Amendment to Securities Transaction Settlement Cycle. This final rule shortens the standard settlement cycle from T+3 to T+2. It is expected that this shortened settlement time will decrease certain risks due to the reduction of unsettled trades and risk exposure. The compliance date for this final rule was September 5, 2017. This rule did not materially impact the Funds’ financial statements and other filings.

Note 2—valuation of investments

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

•	Level 1 –	quoted prices in active markets for identical securities
•	Level 2 –	other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.)
•	Level 3 –	significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments)

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

In accordance with ASC 820, certain portfolio investments that are measured at fair value using the net asset value per share practical expedient are not categorized within the fair value hierarchy. These investments will be disclosed at their fair value to allow reconciliation back to the Statements of Assets and Liabilities. As of December 31, 2017, no investments were valued utilizing the practical expedient.

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

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

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

The Money Market Fund: The Money Market Fund’s portfolio securities are valued on an amortized cost basis. Money Market investments are generally categorized as Level 2 of the fair value hierarchy.

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

Futures contracts: Stock and bond index futures contracts, which are traded on commodity exchanges, are valued at the last sale price as of the close of such commodity exchanges and are categorized as Level 1 of the fair value hierarchy.

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

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

Forward foreign currency contracts: Forward foreign currency contracts are valued using the prevailing forward exchange rate and are categorized as Level 2 of the fair value hierarchy.

279

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

Unfunded loan commitment: Unfunded loan commitments are marked-to-market daily based upon a price supplied by a pricing service. Unfunded loan commitments are generally categorized as Level 2 of the fair value hierarchy.

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

Transfers between levels are recognized at the end of the reporting period. For the period ended December 31, 2017, the Bond Fund, Bond Plus Fund, High-Yield Fund, and Social Choice Bond Fund had material transfers from Level 2 to Level 3 as a result of various market related factors. Also, Bond Fund, Bond Plus Fund, Short-Term Bond Fund, and Social Choice Bond Fund had transfers from Level 3 to Level 2 as a result of various market related factors.

As of December 31, 2017, 100% of the value of investments in the Short-Term Bond Index Fund, Tax-Exempt Bond Fund, and Money Market Fund were valued based on Level 2 inputs.

The following table summarizes the market value of the Funds’ investments as of December 31, 2017, based on the inputs used to value them:

Fund	Level 1		Level 2		Level 3		Total
Real Estate Securities
Equity investments*	$	2,039,040,450	$	—	$	—	$	2,039,040,450
Short-term investments		—		22,224,268		—		22,224,268
Total	$	2,039,040,450	$	22,224,268	$	—	$	2,061,264,718
Bond
Bank loan obligations	$	—	$	59,353,068	$	—	$	59,353,068
Corporate bonds		—		1,600,197,978		523,310		1,600,721,288
Government bonds		—		1,566,954,225		—		1,566,954,225
Structured assets		—		1,224,708,261		7,836,750		1,232,545,011
Common stocks		313,031		—		—		313,031
Preferred stocks		73,585		—		—		73,585
Short-term investments		—		144,782,383		—		144,782,383
Unfunded loan commitment		—		229		—		229
Total	$	386,616	$	4,595,996,144	$	8,360,060	$	4,604,742,820
Bond Index
Corporate bonds	$	—	$	2,385,646,122	$	180,957	$	2,385,827,079
Government bonds		—		6,575,464,140		—		6,575,464,140
Structured assets		—		212,001,838		—		212,001,838
Short-term investments		—		74,431,988		—		74,431,988
Total	$	—	$	9,247,544,088	$	180,957	$	9,247,725,045
Bond Plus
Bank loan obligations	$	—	$	138,828,637	$	—	$	138,828,637
Corporate bonds		—		1,323,967,259		4,605,761		1,328,573,020
Government bonds		—		2,075,303,054		3,192,500		2,078,495,554
Structured assets		—		558,296,137		30,278,918		588,575,055
Common stocks		2,378,773		691,139		—		3,069,912
Preferred stocks		294,579		—		—		294,579
Rights/Warrants		—		369,585		—		369,585
Short-term investments		—		54,231,682		—		54,231,682
Swap contracts**		—		327,112		—		327,112
Unfunded loan commitment		—		656		—		656
Total	$	2,673,352	$	4,152,015,261	$	38,077,179	$	4,192,765,792
High-Yield
Bank loan obligations	$	—	$	301,310,840	$	—	$	301,310,840
Corporate bonds		—		3,432,999,584		45,515,109		3,478,514,693
Common stocks		36,684,121		4,636,463		—		41,320,584
Preferred stocks		2,964,287		—		—		2,964,287
Rights/Warrants		—		2,473,858		—		2,473,858
Short-term investments		—		184,682,878		—		184,682,878
Total	$	39,648,408	$	3,926,103,623	$	45,515,109	$	4,011,267,140

280

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

Fund	Level 1		Level 2		Level 3		Total
Inflation-Linked Bond
Government bonds	$	—	$	2,692,027,458	$	—	$	2,692,027,458
Short-term investments		—		73,188,041		—		73,188,041
Futures contracts**		93,123		—		—		93,123
Total	$	93,123	$	2,765,215,499	$	—	$	2,765,308,622
Short-Term Bond
Bank loan obligations	$	—	$	43,612,963	$	—	$	43,612,963
Corporate bonds		—		491,254,555		—		491,254,555
Government bonds		—		535,627,379		—		535,627,379
Structured assets		—		444,642,455		29,829,020		474,471,475
Short-term investments		—		119,203,206		—		119,203,206
Futures contracts**		303,733		—		—		303,733
Total	$	303,733	$	1,634,340,558	$	29,829,020	$	1,664,473,311
Social Choice Bond
Bank loan obligations	$	—	$	21,945,404	$	1,642,565	$	23,587,969
Corporate bonds		—		575,351,475		5,162,709		580,514,184
Government bonds		—		768,610,528		16,029,034		784,639,562
Structured assets		—		216,905,565		17,875,313		234,780,878
Preferred stocks		268,875		—		—		268,875
Short-term investments		—		87,027,326		—		87,027,326
Total	$	268,875	$	1,669,840,298	$	40,709,621	$	1,710,818,794

*	For detailed categories, see the accompanying Schedules of investments.
**	Derivative instruments are not reflected in the market value of Schedules of investments.

The following table is a reconciliation of the Funds’ investments in which significant unobservable inputs (Level 3) were used in determining value:

		Bond			Bond Plus			High-Yield			Short-Term Bond			Social Choice Bond
Balance as of March 31, 2017	$	23,589,257		$	42,329,957		$	8,780,800		$	16,724,758		$	25,661,040
Purchases		3,001,279			22,346,182			—			26,275,933			18,201,495
Sales		(7,638,064	)		(12,620,230	)		(3,141,991	)		(4,003,538	)		(3,038,218	)
Gains (losses)		2,043			(2,244,087	)		(15,087,932	)		(450,532	)		2,237
Change in unrealized appreciation (depreciation)		189,331			1,495,149			9,449,123			529,685			25,081
Transfers out of Level 3		(13,478,145	)		(22,466,814	)		—			(9,247,286	)		(1,007,151	)
Transfers into Level 3		2,694,359			9,237,022			45,515,109			—			865,137
Balance as of December 31, 2017	$	8,360,060		$	38,077,179		$	45,515,109		$	29,829,020		$	40,709,621

The following table summarizes the significant unobservable inputs used to value Level 3 investments in the Funds’ as of December 31, 2017.

Fund		Fair value as of December 31, 2017	Valuation technique	Unobservable input	Range (weighted average)
Bond
Corporate bonds	$	523,310	Recent market transaction	Discount	30.5%-46.0% (43.6%)
Structured assets		4,537,535	Broker quote	*
Structured assets		299,215	Recent market transaction	Discount	96.6% (96.6%)
Structured assets		3,000,000	Recent market transaction	†
Total	$	8,360,060
Bond Plus
Corporate bonds	$	4,605,761	Recent market transaction	Discount	30.5%-50.0% (40.7%)
Municipal bonds		3,192,500	Recent market transaction	Discount	50.0% (50.0%)
Structured assets		30,060,002	Broker quote	*
Structured assets		218,916	Broker quote	Discount	96.6% (96.6%)
Total	$	38,077,179

281

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

Fund		Fair value as of December 31, 2017	Valuation technique	Unobservable input	Range (weighted average)
High-Yield
Corporate bonds	$	45,515,109	Recent market transaction	Discount	30.5%-58.0% (40.3%)
Total	$	45,515,109
Short-Term Bond
Structured assets	$	29,829,020	Broker quote	*
Total	$	29,829,020
Social Choice Bond
Bank loan obligations	$	1,642,565	Recent market transaction	†
Corporate bonds		5,162,709	Broker quote	*
Government bonds		16,029,034	Broker quote	*
Structured assets		17,826,210	Broker quote	*
Structured assets		49,103	Recent market transaction	Discount	96.6% (96.6%)
Total	$	40,709,621

*	Single source broker quote.
†	Recent market transaction refer to the most recent known market transaction.

Note 3—derivative instruments

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

Futures contracts: Certain Funds are subject to interest rate and foreign exchange risk in the normal course of pursuing their investment objectives. The Funds use futures contracts to manage exposure to the bond and foreign exchange markets and to fluctuations in interest and foreign exchange rates. Buying futures contracts tends to increase exposure to the underlying instrument/index, while selling futures contracts tends to decrease exposure to the underlying instrument/index or hedge other investments. Initial margin deposits are made upon entering into a futures contract, and variation margin receipts or payments are settled daily reflecting changes in the value of the futures contracts. Daily changes in the value of such contracts are reflected in net unrealized gains and losses. Gains or losses are realized upon the expiration or closing of the futures contracts or if the counterparties do not perform in accordance with contractual provisions. With futures contracts, there is minimal counterparty credit risk to the Funds since futures contracts are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded funds, guarantees the futures contracts against default. The futures contracts outstanding as of December 31, 2017 are disclosed in the schedules of investments.

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

Certain Funds may also buy credit default swap contracts, in which case the Funds function as the counterparty referenced above. This involves the risk that the contract may expire worthless. Bilateral swaps involve counterparty risk that the seller may fail to satisfy its payment obligations to the Funds with the occurrence of a credit event. Centrally cleared swaps have minimal counterparty credit risk to the Funds as they are entered into with a central clearinghouse which guarantees the swap against default.

282

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

Bilateral credit default swaps are valued daily, and any change in the value of the swaps is reflected separately as a change in unrealized appreciation (depreciation). For centrally cleared swaps, initial margin deposits are made, and variation margin payments are made or received reflecting daily changes in the value of the swap contract. Under the terms of the credit default swap contracts, the Funds receive or make quarterly payments based on a payment rate on a fixed notional amount. These payments are recorded as a realized gain or loss. Payments received or made as a result of a credit event or termination of the contract are recognized as realized gains or losses.

The Funds (other than the Money Market Fund) invest in credit default swaps to hedge or manage the risks associated with assets held in the Funds and/or to facilitate the implementation of portfolio strategies to seek to increase the total return. There are no credit default swap contracts outstanding as of December 31, 2017.

Cross currency swap contracts: Certain Funds are subject to foreign exchange risk in the normal course of pursuing their investment objectives. The Funds use cross currency swap contracts to gain or mitigate exposure to foreign exchange markets. A cross currency swap is an agreement between two parties to exchange two different currencies with the understanding that the exchange will be reversed at a later date at specified exchange rates. Cross currency swaps are usually negotiated with commercial and investment banks. At the inception date of the contract the exchange of currencies takes place at the current spot rate. At maturity, the re-exchange may take place at the same exchange rate, a specified rate, or the then current spot rate. Interest payments, if applicable, are made between the parties based on interest rates available in the two currencies at the inception of the contract. Risks may arise upon entering into these contracts from the potential of default by counterparty and, depending on their terms, may be subject to foreign exchange risk. The cross currency swap contracts outstanding as of December 31, 2017 are disclosed in the schedules of investments.

Forward foreign currency contracts: Certain Funds are subject to foreign exchange risk in the normal course of pursuing their investment objectives. The Funds use forward foreign currency contracts (“forwards”), including non-deliverable forwards (“NDFs”), to, among other things, hedge portfolio currency risk and to facilitate transactions in securities denominated in foreign currencies. Forwards are over-the-counter (“OTC”) commitments that involve an obligation to purchase or sell a fixed amount of a specific currency on a future date at a locked exchange rate. NDFs allow hedging of currencies where government regulations restrict foreign access to local currency or the parties want to compensate for risk without a physical exchange of funds. Forwards are marked-to-market daily at the applicable foreign exchange rate, and any resulting unrealized gains or losses are recorded as appreciation or depreciation. The Funds realize gains and losses at the time the forward is closed. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar. There are no outstanding forward foreign currency contracts as of December 31, 2017.

Note 4—affiliated investments

Companies in which a Fund holds 5% or more of the outstanding voting shares are considered “affiliated companies” of the Fund, pursuant to the 1940 Act. Information regarding transactions with affiliated companies is as follows:

Issue	Value at March 31, 2017		Purchase cost		Sales proceeds		Realized gain (loss)		Change in unrealized appreciation (depreciation)		Dividend income		Shares at December 31, 2017			Value at December 31, 2017
Real Estate Securities Fund
Rexford Industrial Realty, Inc	$	90,080,000	$	—	$	51,061,156	$	20,978,507	$	4,154,649	$	1,479,000		2,200,000	‡	$	64,152,000	‡
‡ At December 31, 2017, the issuer was not an affiliated company of the Fund.

Note 5—investments

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

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

283

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

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

Restricted securities: Restricted securities held by the Funds, if any, may not be sold except in exempt transactions or in a public offering registered under the Securities Act of 1933. The risk of investing in such securities is generally greater than the risk of investing in securities that are widely held and publicly traded.

Unfunded loan commitment: The Funds may enter into loan commitments to fund a portion of a delayed-draw term loan facility. The Funds are obligated to fund loan commitments at the borrower’s discretion. The Funds reserve against such contingent obligation by segregating short-term securities or cash. At December 31, 2017, the Bond Fund, Bond Plus Fund, and High-Yield Fund held unfunded loan commitments of $55,920, $160,305, and $12,500,000, respectively.

Net unrealized appreciation (depreciation): At December 31, 2017, net unrealized appreciation (depreciation) based on the aggregate cost of all investments for federal income tax purposes, consisting of gross unrealized appreciation and gross unrealized depreciation was as follows:

Fund	Book cost		Gross unrealized appreciation		Gross unrealized (depreciation)			Net unrealized appreciation (depreciation)
Real Estate Securities	$	1,566,044,588	$	506,329,361	$	(11,109,231	)	$	495,220,130
Bond		4,585,713,508		49,241,539		(30,212,456	)		19,029,083
Bond Index		9,193,414,378		128,869,574		(74,558,907	)		54,310,667
Bond Plus		4,176,369,887		52,162,682		(36,094,545	)		16,068,137
High-Yield		3,932,823,529		148,641,040		(70,197,429	)		78,443,611
Inflation-Linked Bond		2,738,434,495		43,057,813		(16,276,809	)		26,781,004
Short-Term Bond		1,669,701,979		4,269,183		(9,801,584	)		(5,532,401	)
Short-Term Bond Index		324,390,997		13,979		(2,303,550	)		(2,289,571	)
Social Choice Bond		1,702,464,428		18,538,741		(10,184,375	)		8,354,366
Tax-Exempt Bond		268,541,952		4,274,883		(1,582,295	)		2,692,588

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Item 2. Controls and procedures.

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

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

Item 3. Exhibits.

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

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

SIGNATURES

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

	TIAA-CREF FUNDS
Dated:  February 16, 2018	By:	/s/Bradley Finkle
		Bradley Finkle
		Principal Executive Officer and President

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

Dated:  February 16, 2018	By:	/s/Bradley Finkle
		Bradley Finkle
		Principal Executive Officer and President
		(principal executive officer)

Dated:  February 16, 2018	By:	/s/E. Scott Wickerham
		E. Scott Wickerham
		Principal Financial Officer, Principal Accounting Officer and Treasurer
		(principal financial officer)

EXHIBIT LIST

Item 3. Exhibits.

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

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