<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/ncen" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0404</schemaVersion>
  <headerData>
    <submissionType>N-CEN</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001084380</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
        <fileNumber>811-09301</fileNumber>
      </filer>
      <flags>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
      </flags>
      <investmentCompanyType>N-1A</investmentCompanyType>
    </filerInfo>
    <seriesClass>
      <reportSeriesClass>
        <rptSeriesClassInfo>
          <seriesId>S000005368</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000054623</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005387</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005371</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005383</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000040206</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000050280</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000029604</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000050279</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000054622</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005370</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005388</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000012197</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005367</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000029605</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000055721</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005360</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000046660</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005384</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005386</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005385</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005381</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000005361</seriesId>
          <includeAllClassesFlag>true</includeAllClassesFlag>
        </rptSeriesClassInfo>
      </reportSeriesClass>
    </seriesClass>
  </headerData>
  <formData>
    <generalInfo reportEndingPeriod="2021-10-31" isReportPeriodLt12="N"/>
    <registrantInfo>
      <registrantFullName>TIAA-CREF FUNDS</registrantFullName>
      <investmentCompFileNo>811-09301</investmentCompFileNo>
      <registrantCik>0001084380</registrantCik>
      <registrantLei>549300L8R42TEBN5NG46</registrantLei>
      <registrantstreet1>730 Third Avenue</registrantstreet1>
      <registrantcity>New York</registrantcity>
      <registrantzipCode>10017-3206</registrantzipCode>
      <registrantstate>US-NY</registrantstate>
      <registrantcountry>US</registrantcountry>
      <registrantphoneNumber>800-223-1200</registrantphoneNumber>
      <websites>
        <website webpage="www.tiaa.org"/>
      </websites>
      <locationBooksRecords>
        <locationBooksRecord>
          <officeName>Iron Mountain</officeName>
          <officeAddress1>22 Kimberly Road</officeAddress1>
          <officeCity>East Brunswick</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-NJ"/>
          <officeRecordsZipCode>08816</officeRecordsZipCode>
          <officePhone>866-264-1936</officePhone>
          <booksRecordsDesc>Duplicates of certains records</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>Iron Mountain</officeName>
          <officeAddress1>64 Leone Lane</officeAddress1>
          <officeCity>Chester</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-NY"/>
          <officeRecordsZipCode>10918</officeRecordsZipCode>
          <officePhone>866-264-1936</officePhone>
          <booksRecordsDesc>Duplicates of certains records</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>Teachers Advisors, LLC</officeName>
          <officeAddress1>730 Third Avenue</officeAddress1>
          <officeCity>New York</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-NY"/>
          <officeRecordsZipCode>10017-3206</officeRecordsZipCode>
          <officePhone>800-223-1200</officePhone>
          <booksRecordsDesc>Organizational documents, minutes of trustee and shareholder meetings, contracts of the Registrant and all advisory material of the investment adviser</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>DST Asset Management Solutions</officeName>
          <officeAddress1>200 Crown Colony Dr</officeAddress1>
          <officeCity>Quincy</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MA"/>
          <officeRecordsZipCode>02169</officeRecordsZipCode>
          <officePhone>617-583-5000</officePhone>
          <booksRecordsDesc>All required records in its capacity as transfer, dividend paying, and shareholder service agent for the Registrant</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>STATE STREET BANK AND TRUST CO.</officeName>
          <officeAddress1>One Heritage Dr.</officeAddress1>
          <officeCity>Quincy</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MA"/>
          <officeRecordsZipCode>02171</officeRecordsZipCode>
          <officePhone>617-786-3000</officePhone>
          <booksRecordsDesc>Mutual fund custody and accounting records</booksRecordsDesc>
        </locationBooksRecord>
      </locationBooksRecords>
      <isRegistrantFirstFiling>N</isRegistrantFirstFiling>
      <isRegistrantLastFiling>N</isRegistrantLastFiling>
      <registrantFamilyInvComp isRegistrantFamilyInvComp="Y" familyInvCompFullName="TIAA-CREF FUNDS COMPLEX"/>
      <registrantClassificationType>N-1A</registrantClassificationType>
      <totalSeries>68</totalSeries>
      <isSecuritiesActRegistration>N</isSecuritiesActRegistration>
      <directors>
        <director>
          <directorName>Thomas J. Kenny</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-09301"/>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08961"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Forrest C. Berkley</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-09301"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Janice C. Eberly</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-09301"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Howell E. Jackson</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-09301"/>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08961"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Michael A. Forrester</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-09301"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Laura T. Starks</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-09301"/>
            <fileNumberInfo fileNumber="811-08520"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Maceo K. Sloan</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-09301"/>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08520"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Joseph A. Boateng</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-09301"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>James M. Poterba</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-09301"/>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-08961"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Nancy A. Eckl</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-08520"/>
            <fileNumberInfo fileNumber="811-06312"/>
            <fileNumberInfo fileNumber="811-21511"/>
            <fileNumberInfo fileNumber="811-08961"/>
            <fileNumberInfo fileNumber="811-08071"/>
            <fileNumberInfo fileNumber="811-09301"/>
            <fileNumberInfo fileNumber="811-04415"/>
            <fileNumberInfo fileNumber="811-21751"/>
          </fileNumbers>
        </director>
      </directors>
      <chiefComplianceOfficers>
        <chiefComplianceOfficer>
          <ccoName>Richard S. Biegen</ccoName>
          <crdNumber>N/A</crdNumber>
          <ccoStreet1>730 Third Avenue</ccoStreet1>
          <ccoCity>New York</ccoCity>
          <ccoStateCountry ccoCountry="US" ccoState="US-NY"/>
          <ccoZipCode>10017</ccoZipCode>
          <ccoPhone>XXXXXX</ccoPhone>
          <isCcoChangedSinceLastFiling>N</isCcoChangedSinceLastFiling>
          <ccoEmployers>
            <ccoEmployer ccoEmployerName="N/A" ccoEmployerId="N/A"/>
          </ccoEmployers>
        </chiefComplianceOfficer>
      </chiefComplianceOfficers>
      <isRegistrantSubmittedMatter>N</isRegistrantSubmittedMatter>
      <isPreviousLegalProceeding>N</isPreviousLegalProceeding>
      <isPreviousProceedingTerminated>N</isPreviousProceedingTerminated>
      <isClaimFiled>N</isClaimFiled>
      <coveredByInsurancePolicy isCoveredByInsurancePolicy="Y" isClaimFiledDuringPeriod="N"/>
      <isFinancialSupportDuringPeriod>N</isFinancialSupportDuringPeriod>
      <releaseNumbers isExemptionFromAct="Y">
        <releaseNumberInfo releaseNumber="IC-32814"/>
        <releaseNumberInfo releaseNumber="IC-31950"/>
      </releaseNumbers>
      <principalUnderwriters>
        <principalUnderwriter>
          <principalUnderwriterName>Nuveen Securities, LLC</principalUnderwriterName>
          <principalUnderwriterFileNumber>8-13464</principalUnderwriterFileNumber>
          <principalUnderwriterCrdNumber>000000469</principalUnderwriterCrdNumber>
          <principalUnderwriterLei>549300SUT66RK1UQZ953</principalUnderwriterLei>
          <principalUnderWriterStateCountry principalUnderWriterCountry="US" principalUnderWriterState="US-NY"/>
          <isPrincipalUnderwriterAffiliatedWithRegistrant>Y</isPrincipalUnderwriterAffiliatedWithRegistrant>
        </principalUnderwriter>
      </principalUnderwriters>
      <isUnderwriterHiredOrTerminated>N</isUnderwriterHiredOrTerminated>
      <publicAccountants>
        <publicAccountant>
          <publicAccountantName>PriceWaterhouse Coopers LLP</publicAccountantName>
          <pcaobNumber>00238</pcaobNumber>
          <publicAccountantLei>5493002GVO7EO8RNNS37</publicAccountantLei>
          <publicAccountantStateCountry publicAccountantCountry="US" publicAccountantState="US-MD"/>
        </publicAccountant>
      </publicAccountants>
      <isPublicAccountantChanged>N</isPublicAccountantChanged>
      <isMaterialWeakness>N</isMaterialWeakness>
      <isOpinionOffered>N</isOpinionOffered>
      <isMaterialChange>N</isMaterialChange>
      <isAccountingPrincipleChange>N</isAccountingPrincipleChange>
      <isPaymentErrorInNetAssetValue>N</isPaymentErrorInNetAssetValue>
      <paymentDividendSeries isPaymentDividend="Y">
        <seriesInfo seriesName="TIAA-CREF Emerging Markets Equity Fund" seriesId="S000029604"/>
        <seriesInfo seriesName="TIAA-CREF Large-Cap Growth Fund" seriesId="S000012197"/>
        <seriesInfo seriesName="TIAA-CREF Small-Cap Blend Index Fund" seriesId="S000005367"/>
        <seriesInfo seriesName="TIAA-CREF International Opportunities Fund" seriesId="S000040206"/>
        <seriesInfo seriesName="TIAA-CREF Social Choice Equity Fund" seriesId="S000005371"/>
        <seriesInfo seriesName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" seriesId="S000054623"/>
        <seriesInfo seriesName="TIAA-CREF Mid-Cap Growth Fund" seriesId="S000005384"/>
        <seriesInfo seriesName="TIAA-CREF Large-Cap Growth Index Fund" seriesId="S000005387"/>
        <seriesInfo seriesName="TIAA-CREF Social Choice Low Carbon Equity Fund" seriesId="S000050280"/>
        <seriesInfo seriesName="TIAA-CREF International Bond Fund" seriesId="S000054622"/>
        <seriesInfo seriesName="TIAA-CREF Growth &amp; Income Fund" seriesId="S000005370"/>
      </paymentDividendSeries>
    </registrantInfo>
    <managementInvestmentQuestionSeriesInfo>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF International Equity Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005368</mgmtInvSeriesId>
        <mgmtInvLei>5493007QRNHFHVDGR653</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>5</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162545" sharesOutstandingTickerSymbol="TCIHX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202745" sharesOutstandingTickerSymbol="TCIWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014627" sharesOutstandingTickerSymbol="TRIEX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014626" sharesOutstandingTickerSymbol="TCIEX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079552" sharesOutstandingTickerSymbol="TRIPX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.06360000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.13050000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>8.05720000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>8.05750000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>145134209</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1687200.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK CAIRO</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CLEARSTREAM BANKING AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK COLOMBIA</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS SECURITIES SERVICES GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE HONGKONG AND SHANGHAI BANKING CORPO Limited</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank A.S.</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>210447.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>147.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>96.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>166.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9386.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>119673.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>59646.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>232087.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>631648.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Instinet, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>704231455.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1418091651.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>412388217.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>735994851.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>525185414.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS SECURITIES LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>532341514.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>2711177800.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNY Mellon Capital Markets, LLC</principalName>
            <principalFileNo>8-35255</principalFileNo>
            <principalCrdNo>000017454</principalCrdNo>
            <principalLei>VJW2DOOHGDT6PR0ZRO63</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>517923087.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>640632455.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>946723045.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>11006603467.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>16548986389.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Quant Small/Mid-Cap Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000054623</mgmtInvSeriesId>
        <mgmtInvLei>549300VL9HIO1ISLDM68</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000171523" sharesOutstandingTickerSymbol="TSMWX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000171522" sharesOutstandingTickerSymbol="TSMNX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000171521" sharesOutstandingTickerSymbol="TSMOX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000171524" sharesOutstandingTickerSymbol="TSMMX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000171525" sharesOutstandingTickerSymbol="TSMEX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202769" sharesOutstandingTickerSymbol="TSMUX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>12820575</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>328966.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>86216.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>16597.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>1318.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>1083.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC Capital MarketS, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>17122.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets, LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>706.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>7028.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5987.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>2817.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BTIG</brokerName>
            <brokerFileNo>8-65473</brokerFileNo>
            <brokerCrdNo>000122225</brokerCrdNo>
            <brokerLei>549300GTG9PL6WO3EC51</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>5659.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>144715.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>56577623.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>233211199.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC CAPITAL MARKETS, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>147355239.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>86357451.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>353295000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>249984091.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BTIG</principalName>
            <principalFileNo>8-65473</principalFileNo>
            <principalCrdNo>000122225</principalCrdNo>
            <principalLei>549300GTG9PL6WO3EC51</principalLei>
            <principalStateCountry principalState="US-CA" principalCountry="US"/>
            <principalTotalPurchaseSale>274353591.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>46348187.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>76939938.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Piper Jaffray &amp; Co.</principalName>
            <principalFileNo>8-15204</principalFileNo>
            <principalCrdNo>000000665</principalCrdNo>
            <principalLei>549300GRQCWQ3XGH0H10</principalLei>
            <principalStateCountry principalState="US-MN" principalCountry="US"/>
            <principalTotalPurchaseSale>675085185.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>2367991747.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>1129965001.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Large-Cap Growth Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005387</mgmtInvSeriesId>
        <mgmtInvLei>549300JBY486SSZLNW78</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>4</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014660" sharesOutstandingTickerSymbol="TILIX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162564" sharesOutstandingTickerSymbol="TRIHX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202753" sharesOutstandingTickerSymbol="TRIWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014661" sharesOutstandingTickerSymbol="TRIRX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.02970000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.10050000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.12210000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.12200000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>21905646</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>340095.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>CITADEL SECURITIES INSTITUTIONAL LLC</brokerName>
            <brokerFileNo>8-69663</brokerFileNo>
            <brokerCrdNo>000281102</brokerCrdNo>
            <brokerLei>12UUJYTN7D3SW8KCSG25</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>32864.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>3731.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BTIG, LLC</brokerName>
            <brokerFileNo>8-65473</brokerFileNo>
            <brokerCrdNo>000122225</brokerCrdNo>
            <brokerLei>549300GTG9PL6WO3EC51</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>7525.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>15584.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>7914.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>880.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>22942.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>2380.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>7856.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>101676.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Loop Capital Markets LLC</principalName>
            <principalFileNo>8-50140</principalFileNo>
            <principalCrdNo>000043098</principalCrdNo>
            <principalLei>254900FPPM2WN90D4786</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>385832535.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CITADEL SECURITIES INSTITUTIONAL LLC</principalName>
            <principalFileNo>8-69663</principalFileNo>
            <principalCrdNo>000281102</principalCrdNo>
            <principalLei>12UUJYTN7D3SW8KCSG25</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>1678040912.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Instinet, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1045863459.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>148139019.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Cabrera Capital Markets LLC</principalName>
            <principalFileNo>8-26406</principalFileNo>
            <principalCrdNo>000010081</principalCrdNo>
            <principalLei>254900BIRJU76JRBK985</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>378077414.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS SECURITIES LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>247259762.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1191120000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>755784599.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BTIG, LLC</principalName>
            <principalFileNo>8-65473</principalFileNo>
            <principalCrdNo>000122225</principalCrdNo>
            <principalLei>549300GTG9PL6WO3EC51</principalLei>
            <principalStateCountry principalState="US-CA" principalCountry="US"/>
            <principalTotalPurchaseSale>374588196.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3624423837.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>10271079293.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>13256506459.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Social Choice Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005371</mgmtInvSeriesId>
        <mgmtInvLei>5493005LGTYV1PO4WU84</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>5</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000033990" sharesOutstandingTickerSymbol="TICRX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014633" sharesOutstandingTickerSymbol="TISCX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162548" sharesOutstandingTickerSymbol="TICHX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014634" sharesOutstandingTickerSymbol="TRSCX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079555" sharesOutstandingTickerSymbol="TRPSX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>46443552</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>681489.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>2365.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>28816.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>361.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>20414.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Luminex Trading &amp; Analytics LLC</brokerName>
            <brokerFileNo>8-69476</brokerFileNo>
            <brokerCrdNo>000171752</brokerCrdNo>
            <brokerLei>254900ZBK50B4Y36MJ33</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>655.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>1524.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>58.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>45078.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>828.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>100099.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1415652200.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Piper Jaffray &amp; Co.</principalName>
            <principalFileNo>8-15204</principalFileNo>
            <principalCrdNo>000000665</principalCrdNo>
            <principalLei>549300GRQCWQ3XGH0H10</principalLei>
            <principalStateCountry principalState="US-MN" principalCountry="US"/>
            <principalTotalPurchaseSale>127018464.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>835575293.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>157992648.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>151462272.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1684226674.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>171851282.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>139910362.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>209017023.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>663806382.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>6313415933.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>6846489616.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Large-Cap Value Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005383</mgmtInvSeriesId>
        <mgmtInvLei>5493000JPMJ0WJUSV611</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014648" sharesOutstandingTickerSymbol="TRLIX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000014649" sharesOutstandingTickerSymbol="TCLCX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014650" sharesOutstandingTickerSymbol="TRLCX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079567" sharesOutstandingTickerSymbol="TRCPX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202751" sharesOutstandingTickerSymbol="TRLWX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162560" sharesOutstandingTickerSymbol="TRLHX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS SWITZERLAND AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CLEARSTREAM BANKING AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA SAO PAULO BRAZIL</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT.</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>RBC Capital Markets, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>61618.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>5308.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9276.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>47272.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>105216.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9756.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffray &amp; Co</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>8551.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Sanford C. Bernstein and Co</brokerName>
            <brokerFileNo>8-52942</brokerFileNo>
            <brokerCrdNo>000104474</brokerCrdNo>
            <brokerLei>549300I7JYZHT7D5CO04</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8207.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>98772.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>89010.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>474083.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>143314155.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Piper Jaffray &amp; Co</principalName>
            <principalFileNo>8-15204</principalFileNo>
            <principalCrdNo>000000665</principalCrdNo>
            <principalLei>549300GRQCWQ3XGH0H10</principalLei>
            <principalStateCountry principalState="US-MN" principalCountry="US"/>
            <principalTotalPurchaseSale>224457140.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC Capital Markets, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>346015100.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>169036096.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>215537736.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>897119610.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Securities (USA) LLC</principalName>
            <principalFileNo>8-422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>238475595.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>283947015.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>232489139.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1084715000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>4986487472.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>5529098525.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF International Opportunities Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000040206</mgmtInvSeriesId>
        <mgmtInvLei>549300HZ2T3OBTEPQL02</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162599" sharesOutstandingTickerSymbol="TIOHX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000124964" sharesOutstandingTickerSymbol="TIOSX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000124963" sharesOutstandingTickerSymbol="TIOPX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000124965" sharesOutstandingTickerSymbol="TIOTX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000124962" sharesOutstandingTickerSymbol="TIOIX"/>
          <sharesOutstanding sharesOutstandingClassName="W Class" sharesOutstandingClassId="C000202765" sharesOutstandingTickerSymbol="TIOVX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>61689724</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1307775.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust, S.A. (Citibank Colombia)</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (TAIWAN)</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS SWITZERLAND AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CLEARSTREAM BANKING AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK CAIRO</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CANADA SELF CUSTODY - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (CHINA) COMPANY LIMITED</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>48814.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>78382.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Barclays Capital Inc.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>AC28XWWI3WIBK2824319</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>44554.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>58790.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>63346.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>118088.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>135626.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Sanford C. Bernstein and Co</brokerName>
            <brokerFileNo>8-52942</brokerFileNo>
            <brokerCrdNo>000104474</brokerCrdNo>
            <brokerLei>549300I7JYZHT7D5CO04</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>62768.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>159803.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>112913.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>1077109.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>263384118.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>188801435.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>242655119.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Pershing LLC</principalName>
            <principalFileNo>8-17574</principalFileNo>
            <principalCrdNo>000007560</principalCrdNo>
            <principalLei>ZI8Q1A8EI8LQFJNM0D94</principalLei>
            <principalStateCountry principalState="US-DE" principalCountry="US"/>
            <principalTotalPurchaseSale>223850973.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>164226786.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNY Mellon Capital Markets, LLC</principalName>
            <principalFileNo>8-35255</principalFileNo>
            <principalCrdNo>000017454</principalCrdNo>
            <principalLei>VJW2DOOHGDT6PR0ZRO63</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>199261594.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1189805000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>227544190.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>240031938.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>165398275.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>4478098654.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>2184507332.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Social Choice Low Carbon Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000050280</mgmtInvSeriesId>
        <mgmtInvLei>549300W35882PIDGU510</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>5</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000158759" sharesOutstandingTickerSymbol="TLWCX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000158760" sharesOutstandingTickerSymbol="TEWCX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162605" sharesOutstandingTickerSymbol="TCCHX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000158758" sharesOutstandingTickerSymbol="TPWCX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000158761" sharesOutstandingTickerSymbol="TNWCX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>3795037</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>43796.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>4365.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>1.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>10714.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>11407.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>1819.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>5.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>48.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>LOOP Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>1931.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>30290.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>77255801.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>161358516.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>318559538.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>LOOP Capital Markets LLC</principalName>
            <principalFileNo>8-50140</principalFileNo>
            <principalCrdNo>000043098</principalCrdNo>
            <principalLei>254900FPPM2WN90D4786</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>62605310.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>126599415.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>164581979.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>103152769.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>81222635.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>540170000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Pershing LLC</principalName>
            <principalFileNo>8-17574</principalFileNo>
            <principalCrdNo>000007560</principalCrdNo>
            <principalLei>ZI8Q1A8EI8LQFJNM0D94</principalLei>
            <principalStateCountry principalState="US-DE" principalCountry="US"/>
            <principalTotalPurchaseSale>93832819.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>2075550885.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>754489741.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Emerging Markets Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000029604</mgmtInvSeriesId>
        <mgmtInvLei>5493004W92G2B8L4SC94</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000090852" sharesOutstandingTickerSymbol="TEMPX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162588" sharesOutstandingTickerSymbol="TEMHX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202763" sharesOutstandingTickerSymbol="TEMVX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000090850" sharesOutstandingTickerSymbol="TEMRX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000090851" sharesOutstandingTickerSymbol="TEMSX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000090853" sharesOutstandingTickerSymbol="TEMLX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>29208459</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>726100.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A. MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>AO CITIBANK</custodianName>
            <custodianLei>CHSQDSVI1UI96Y2SW097</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FIRST ABU DHABI BANK PJSC</custodianName>
            <custodianLei>2138002Y3WMK6RZS8H90</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK THAILAND</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SAUDI BRITISH BANK</custodianName>
            <custodianLei>558600TQS0WENZUC5190</custodianLei>
            <custodianCountry>SA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK China</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>QA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANBIC IBTC BANK</custodianName>
            <custodianLei>549300NIVXF92ZIOVW61</custodianLei>
            <custodianCountry>NG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust, S.A. (Citibank Colombia)</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA BUENOS AIRES</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A. - CAIRO BRANCH</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>RO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (VIETNAM) LTD</custodianName>
            <custodianLei>213800H95OG9OHRT4Y78</custodianLei>
            <custodianCountry>VN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>RILFO74KP1CM8P6PCT96</custodianLei>
            <custodianCountry>BD</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CANADA SELF CUSTODY - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>KW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (TAIWAN)</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK SHMEISSANI BRANCH</custodianName>
            <custodianLei>RILFO74KP1CM8P6PCT96</custodianLei>
            <custodianCountry>JO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Clearstream Banking AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank Karachi Branch</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>PK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK OMAN S.A.O.G.</custodianName>
            <custodianLei>213800YRPSOSH9OA2V29</custodianLei>
            <custodianCountry>OM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>206250.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. Morgan Securities LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>454143.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>CLSA Americas, LLC</brokerName>
            <brokerFileNo>8-69166</brokerFileNo>
            <brokerCrdNo>000165533</brokerCrdNo>
            <brokerLei>213800M2DXATWY7JMS07</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>139700.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup Global Markets Inc.</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>103921.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>446698.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>203958.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>69331.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>394169.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>334928.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES &amp; CO., INC.</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>164830.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>3006720.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>313957076.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1098565000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>252234931.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>603060217.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>479357010.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>399233892.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>393034246.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>484590381.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>349276584.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>263584472.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>7130673347.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>1629740962.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Social Choice International Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000050279</mgmtInvSeriesId>
        <mgmtInvLei>549300W8GLGCWOWP9X55</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>5</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000158756" sharesOutstandingTickerSymbol="TSORX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000158757" sharesOutstandingTickerSymbol="TSOEX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000158755" sharesOutstandingTickerSymbol="TSOPX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162604" sharesOutstandingTickerSymbol="TSOHX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000158754" sharesOutstandingTickerSymbol="TSONX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>7177499</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>87778.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ClearStream Banking AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>34383.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>11726.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>12265.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>28599.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>6.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>24493.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>111472.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>116242251.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>127631809.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>273962222.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>92051591.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>174014265.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>87969463.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>635410000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>56225746.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Mizuho Securities USA LLC</principalName>
            <principalFileNo>8-37710</principalFileNo>
            <principalCrdNo>000019647</principalCrdNo>
            <principalLei>7TK5RJIZDFROZCA6XF66</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>68666842.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>95710190.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1925993616.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>782164104.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF International Bond Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000054622</mgmtInvSeriesId>
        <mgmtInvLei>549300G6OT5H8V4S5S27</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000171516" sharesOutstandingTickerSymbol="TIBNX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202768" sharesOutstandingTickerSymbol="TIBUX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000171519" sharesOutstandingTickerSymbol="TIBEX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000171518" sharesOutstandingTickerSymbol="TIBLX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000171517" sharesOutstandingTickerSymbol="TIBWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000171520" sharesOutstandingTickerSymbol="TIBVX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>886424</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>2114</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Cititrust, S.A. (Citibank Colombia)</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>AO CITIBANK, MOSCOW</custodianName>
            <custodianLei>CHSQDSVI1UI96Y2SW097</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK GHANA LIMIT</custodianName>
            <custodianLei>549300WFGKTC3MGDCX95</custodianLei>
            <custodianCountry>GH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK SERBIA</custodianName>
            <custodianLei>52990001O0THU00TYK59</custodianLei>
            <custodianCountry>RS</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CLEARSTREAM BANKING AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A. - CAIRO BRANCH</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANBIC IBTC BANK</custodianName>
            <custodianLei>549300NIVXF92ZIOVW61</custodianLei>
            <custodianCountry>NG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank Zambia Plc, Lusaka</custodianName>
            <custodianLei>549300247QDZHDI30A83</custodianLei>
            <custodianCountry>ZM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank Uganda Limited, Kampala</custodianName>
            <custodianLei>549300W7CNYGJ68XGD27</custodianLei>
            <custodianCountry>UG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA BUENOS AIRES</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (CHINA) COMPANY LIMITED</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ClearStream</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Europe Plc Magyarorszagi Fioktelepe</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BANCO ITAU</custodianName>
            <custodianLei>549300HU8OQS1VTVXN55</custodianLei>
            <custodianCountry>UY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>KW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>HSBC SECURITIES (USA) INC.</principalName>
            <principalFileNo>8-41562</principalFileNo>
            <principalCrdNo>000019585</principalCrdNo>
            <principalLei>CYYGQCGNHMHPSMRL3R97</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>38569486.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>54481369.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Pershing LLC</principalName>
            <principalFileNo>8-17574</principalFileNo>
            <principalCrdNo>000007560</principalCrdNo>
            <principalLei>ZI8Q1A8EI8LQFJNM0D94</principalLei>
            <principalStateCountry principalState="US-DE" principalCountry="US"/>
            <principalTotalPurchaseSale>64405030.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>119458222.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>50000112.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS SECURITIES LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>75633841.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>50075498.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>83982302.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>86118140.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>638465000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1553159886.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>502041969.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Growth &amp; Income Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005370</mgmtInvSeriesId>
        <mgmtInvLei>549300H2QF6W68HZGC62</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014632" sharesOutstandingTickerSymbol="TRGIX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162547" sharesOutstandingTickerSymbol="TGIHX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014631" sharesOutstandingTickerSymbol="TIGRX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202746" sharesOutstandingTickerSymbol="TGIWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000033989" sharesOutstandingTickerSymbol="TIIRX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079554" sharesOutstandingTickerSymbol="TRPGX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>27791615</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>748180.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (TAIWAN)</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Clearstream Banking AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (VIETNAM) LTD</custodianName>
            <custodianLei>213800H95OG9OHRT4Y78</custodianLei>
            <custodianCountry>VN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA BUENOS AIRES</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Barclays Capital Inc.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>AC28XWWI3WIBK2824319</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>130179.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup Global Markets Inc.</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>119870.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>169990.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>204019.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1073445.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>322312.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC CAPITAL MARKETS, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>127957.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>299804.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>79567.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>301808.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>2869618.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>613823714.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Securities (USA) LLC</principalName>
            <principalFileNo>8-422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>689174597.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>765115708.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC CAPITAL MARKETS, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>583833378.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1455490000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1521615381.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS SECURITIES LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>659687963.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>PIPER JAFFRAY &amp; CO.</principalName>
            <principalFileNo>8-15204</principalFileNo>
            <principalCrdNo>000000665</principalCrdNo>
            <principalLei>549300GRQCWQ3XGH0H10</principalLei>
            <principalStateCountry principalState="US-MN" principalCountry="US"/>
            <principalTotalPurchaseSale>1066196195.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>831907817.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>503010092.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>11980752362.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>6300511049.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Large-Cap Value Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005388</mgmtInvSeriesId>
        <mgmtInvLei>549300S8IYZXAFJT7G55</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>4</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202754" sharesOutstandingTickerSymbol="THCWX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162565" sharesOutstandingTickerSymbol="THCVX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014662" sharesOutstandingTickerSymbol="TILVX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014663" sharesOutstandingTickerSymbol="TRCVX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>0.00310000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.06830000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.28640000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.28630000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>21474411</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>481017.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>38367.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>5824.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>15148.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>3080.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets, LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>5570.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BTIG, LLC</brokerName>
            <brokerFileNo>8-65473</brokerFileNo>
            <brokerCrdNo>000122225</brokerCrdNo>
            <brokerLei>549300GTG9PL6WO3EC51</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>10703.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>5561.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>11008.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>95261.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>167226870.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Loop Capital Markets LLC</principalName>
            <principalFileNo>8-50140</principalFileNo>
            <principalCrdNo>000043098</principalCrdNo>
            <principalLei>254900FPPM2WN90D4786</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>105099013.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>106490026.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Instinet, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>926561250.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2346420483.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>574215000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Cabrera Capital Markets, LLC</principalName>
            <principalFileNo>8-26406</principalFileNo>
            <principalCrdNo>000010081</principalCrdNo>
            <principalLei>254900BIRJU76JRBK985</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>103739027.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BTIG, LLC</principalName>
            <principalFileNo>8-65473</principalFileNo>
            <principalCrdNo>000122225</principalCrdNo>
            <principalLei>549300GTG9PL6WO3EC51</principalLei>
            <principalStateCountry principalState="US-CA" principalCountry="US"/>
            <principalTotalPurchaseSale>332551243.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>204918431.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS SECURITIES LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>552842717.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>5981025348.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>8337594488.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Large-Cap Growth Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000012197</mgmtInvSeriesId>
        <mgmtInvLei>549300WD82RYV9745L98</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000033282" sharesOutstandingTickerSymbol="TILGX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162568" sharesOutstandingTickerSymbol="TILHX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079573" sharesOutstandingTickerSymbol="TILPX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000033281" sharesOutstandingTickerSymbol="TILRX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202757" sharesOutstandingTickerSymbol="TILWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000033280" sharesOutstandingTickerSymbol="TIRTX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>29272502</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1463026.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CLEARSTREAM BANKING AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Barclays Capital Inc.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>AC28XWWI3WIBK2824319</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>130562.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>145682.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>23633.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC CAPITAL MARKETS, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>84853.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>112095.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>MORGAN STANLEY &amp; CO. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>155302.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Sanford C. Bernstein &amp; Co., LLC</brokerName>
            <brokerFileNo>8-52942</brokerFileNo>
            <brokerCrdNo>000104474</brokerCrdNo>
            <brokerLei>549300I7JYZHT7D5CO04</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>23633.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>141017.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>52303.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>72575.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>963774.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>RBC CAPITAL MARKETS, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>772323197.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Credit Suisse Securities (USA) LLC</principalName>
            <principalFileNo>8-422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>386569301.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>605419777.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>425846983.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>639585668.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1319780000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>717260421.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>591895177.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1808361190.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>815752412.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>10811559666.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>6862863198.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Small-Cap Blend Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005367</mgmtInvSeriesId>
        <mgmtInvLei>549300QRZRF4IQWS3U98</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>4</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014625" sharesOutstandingTickerSymbol="TRBIX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014624" sharesOutstandingTickerSymbol="TISBX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162544" sharesOutstandingTickerSymbol="TRHBX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>0.02970000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.05250000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.25180000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.25150000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>233146928</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>2924213.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>33.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BTIG, LLC</brokerName>
            <brokerFileNo>8-65473</brokerFileNo>
            <brokerCrdNo>000122225</brokerCrdNo>
            <brokerLei>549300GTG9PL6WO3EC51</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>493.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1116.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>5452.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>1294.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>987.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets, LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>1245.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1752.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>27.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>104171.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>116571.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>83695922.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Mizuho Securities USA LLC</principalName>
            <principalFileNo>8-37710</principalFileNo>
            <principalCrdNo>000019647</principalCrdNo>
            <principalLei>7TK5RJIZDFROZCA6XF66</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>31868981.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>66536728.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>35921855.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>41015283.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>169779932.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>396930000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1334583520.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>95408625.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1041579102.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>3484479884.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>4453895619.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Emerging Markets Equity Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000029605</mgmtInvSeriesId>
        <mgmtInvLei>5493004RD24327BLFY59</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000090855" sharesOutstandingTickerSymbol="TEQSX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000090857" sharesOutstandingTickerSymbol="TEQLX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202764" sharesOutstandingTickerSymbol="TENWX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162589" sharesOutstandingTickerSymbol="TEQHX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000090856" sharesOutstandingTickerSymbol="TEQPX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000090854" sharesOutstandingTickerSymbol="TEQKX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.96530000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-1.18570000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>8.61870000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>8.61970000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>94401675</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1157078.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank (Taiwan) Ltd</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SAUDI BRITISH BANK</custodianName>
            <custodianLei>558600TQS0WENZUC5190</custodianLei>
            <custodianCountry>SA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>KW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK SHMEISSANI BRANCH</custodianName>
            <custodianLei>RILFO74KP1CM8P6PCT96</custodianLei>
            <custodianCountry>JO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>THE HONGKONG AND SHANGHAI BANKING CORPO Limited</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>QA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank Karachi Branch</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>PK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK OMAN S.A.O.G.</custodianName>
            <custodianLei>213800YRPSOSH9OA2V29</custodianLei>
            <custodianCountry>OM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (CHINA) COMPANY LIMITED</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK LIMA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FIRST ABU DHABI BANK PJSC</custodianName>
            <custodianLei>2138002Y3WMK6RZS8H90</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A. - CAIRO BRANCH</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust, S.A. (Citibank Colombia)</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>AO CITIBANK</custodianName>
            <custodianLei>CHSQDSVI1UI96Y2SW097</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>287146.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>154684.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies, LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>5892.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>44176.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BTIG, LLC</brokerName>
            <brokerFileNo>8-65473</brokerFileNo>
            <brokerCrdNo>000122225</brokerCrdNo>
            <brokerLei>549300GTG9PL6WO3EC51</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>6415.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>1452.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. MORGAN SECURITIES LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>214519.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>11738.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS SECURITIES LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>202530.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Nomura Securities International, Inc.</brokerName>
            <brokerFileNo>8-15255</brokerFileNo>
            <brokerCrdNo>000004297</brokerCrdNo>
            <brokerLei>OXTKY6Q8X53C9ILVV871</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>14017.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>943554.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>320620961.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Mizuho Securities USA LLC</principalName>
            <principalFileNo>8-37710</principalFileNo>
            <principalCrdNo>000019647</principalCrdNo>
            <principalLei>7TK5RJIZDFROZCA6XF66</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>219815272.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>560981733.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS SECURITIES LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1049050609.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>606120000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Instinet, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>848423157.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>178698761.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNY Mellon Capital Markets, LLC</principalName>
            <principalFileNo>8-35255</principalFileNo>
            <principalCrdNo>000017454</principalCrdNo>
            <principalLei>VJW2DOOHGDT6PR0ZRO63</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>152050162.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>231851997.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>897315009.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>5900538133.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>4417438348.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Quant International Small-Cap Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000055721</mgmtInvSeriesId>
        <mgmtInvLei>549300RSIV79MF5GGQ29</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000175453" sharesOutstandingTickerSymbol="TAISX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000175454" sharesOutstandingTickerSymbol="TIISX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000175457" sharesOutstandingTickerSymbol="TTISX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202770" sharesOutstandingTickerSymbol="TAIWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000175456" sharesOutstandingTickerSymbol="TLISX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000175455" sharesOutstandingTickerSymbol="TPISX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>38023280</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>723373.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>KW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK COLOMBIA</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SAUDI BRITISH BANK</custodianName>
            <custodianLei>558600TQS0WENZUC5190</custodianLei>
            <custodianCountry>SA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>QA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank A.S.</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ClearStream Banking AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>AO CITIBANK</custodianName>
            <custodianLei>CHSQDSVI1UI96Y2SW097</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ClearStream</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank Karachi Branch</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>PK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FIRST ABU DHABI BANK PJSC</custodianName>
            <custodianLei>2138002Y3WMK6RZS8H90</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank (Taiwan) Limited</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UniCredit Bank Austria AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK CAIRO</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CANADA SELF CUSTODY - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (CHINA) COMPANY LIMITED</custodianName>
            <custodianLei>2CZOJRADNJXBLT55G526</custodianLei>
            <custodianCountry>CN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>10484.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BTIG, LLC</brokerName>
            <brokerFileNo>8-65473</brokerFileNo>
            <brokerCrdNo>000122225</brokerCrdNo>
            <brokerLei>549300GTG9PL6WO3EC51</brokerLei>
            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
            <grossCommission>1505.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>1425.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>1380540.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>94.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>2549.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JP Morgan Securities LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>266.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffrey</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>845.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>67.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>194.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>1397995.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2938460798.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>29367714.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BTIG, LLC</principalName>
            <principalFileNo>8-65473</principalFileNo>
            <principalCrdNo>000122225</principalCrdNo>
            <principalLei>549300GTG9PL6WO3EC51</principalLei>
            <principalStateCountry principalState="US-CA" principalCountry="US"/>
            <principalTotalPurchaseSale>25506818.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>97730311.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo Securities, LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>22549967.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>21465300.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jefferies LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>29665535.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>161440344.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>41501978.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>215805000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>3699293169.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>1282159537.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Equity Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005360</mgmtInvSeriesId>
        <mgmtInvLei>5493008XKF5QLPMT8X42</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000033987" sharesOutstandingTickerSymbol="TIQRX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079551" sharesOutstandingTickerSymbol="TCEPX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162542" sharesOutstandingTickerSymbol="TEIHX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202742" sharesOutstandingTickerSymbol="TEQWX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014611" sharesOutstandingTickerSymbol="TIEIX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000033988" sharesOutstandingTickerSymbol="TINRX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>0.01380000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.05750000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.21880000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.21870000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>183657166</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>2336342.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CANADA SELF CUSTODY - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>13353.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>147387.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>1150.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>51162.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>7209.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>63957.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>218.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>LOOP CAPITAL MARKETS LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>6218.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>290654.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Mizuho Securities USA LLC</principalName>
            <principalFileNo>8-37710</principalFileNo>
            <principalCrdNo>000019647</principalCrdNo>
            <principalLei>7TK5RJIZDFROZCA6XF66</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>421742658.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>487801440.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>3195630000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>421934089.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNY Mellon Capital Markets, LLC</principalName>
            <principalFileNo>8-35255</principalFileNo>
            <principalCrdNo>000017454</principalCrdNo>
            <principalLei>VJW2DOOHGDT6PR0ZRO63</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>423926259.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1200086173.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>775295141.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1651222453.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>493263446.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1709703252.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>13240670604.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>32492162824.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Emerging Markets Debt Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000046660</mgmtInvSeriesId>
        <mgmtInvLei>549300WLIUEOX123JU96</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000145611" sharesOutstandingTickerSymbol="TEDTX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000145608" sharesOutstandingTickerSymbol="TEDNX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000145610" sharesOutstandingTickerSymbol="TEDLX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202766" sharesOutstandingTickerSymbol="TEDVX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162600" sharesOutstandingTickerSymbol="TEDHX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000145609" sharesOutstandingTickerSymbol="TEDPX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>9691811</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>24583</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>AO CITIBANK</custodianName>
            <custodianLei>CHSQDSVI1UI96Y2SW097</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK UGANDA LIMITED</custodianName>
            <custodianLei>549300W7CNYGJ68XGD27</custodianLei>
            <custodianCountry>UG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK GHANA LIMIT</custodianName>
            <custodianLei>549300WFGKTC3MGDCX95</custodianLei>
            <custodianCountry>GH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BANCO ITAU</custodianName>
            <custodianLei>549300HU8OQS1VTVXN55</custodianLei>
            <custodianCountry>UY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK CAIRO</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LIMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>KW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANBIC IBTC BANK</custodianName>
            <custodianLei>549300NIVXF92ZIOVW61</custodianLei>
            <custodianCountry>NG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG, KARACHI BRANCH</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>PK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA BUENOS AIRES</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank Europe Plc Magyarorszagi Fioktelepe</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK ZAMBIA LTD</custodianName>
            <custodianLei>549300247QDZHDI30A83</custodianLei>
            <custodianCountry>ZM</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ClearStream</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank N.A.</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust, S.A.</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK SERBIA</custodianName>
            <custodianLei>52990001O0THU00TYK59</custodianLei>
            <custodianCountry>RS</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>897</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>897</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>129407726.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>126027530.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>107937015.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>701412500.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>121776521.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>52233721.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>63872630.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>229768415.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>227855117.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Pershing LLC</principalName>
            <principalFileNo>8-17574</principalFileNo>
            <principalCrdNo>000007560</principalCrdNo>
            <principalLei>ZI8Q1A8EI8LQFJNM0D94</principalLei>
            <principalStateCountry principalState="US-DE" principalCountry="US"/>
            <principalTotalPurchaseSale>57671729.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>2158964255.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>646232139.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Mid-Cap Growth Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005384</mgmtInvSeriesId>
        <mgmtInvLei>549300VMP6LWFNWBIB64</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>5</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079568" sharesOutstandingTickerSymbol="TRGPX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000014652" sharesOutstandingTickerSymbol="TCMGX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014651" sharesOutstandingTickerSymbol="TRPWX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162561" sharesOutstandingTickerSymbol="TCMHX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014653" sharesOutstandingTickerSymbol="TRGMX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>37409575</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1570344.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A., Warsaw</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (THAI) PCL</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS Switzerland AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>35497.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Barclays Capital Inc.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>AC28XWWI3WIBK2824319</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>20344.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>84920.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>37633.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC Capital Markets, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>43936.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>8334.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>40503.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JP Morgan Securities LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>14039.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>63561.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Virtu Americas LLC</brokerName>
            <brokerFileNo>8-68193</brokerFileNo>
            <brokerCrdNo>000149823</brokerCrdNo>
            <brokerLei>549300RA02N3BNSWBV74</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>4460.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>380005.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Credit Suisse Securities (USA) LLC</principalName>
            <principalFileNo>8-422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>139042562.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>106596167.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>339802083.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>136974559.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>447127250.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>449717966.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>300196467.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>908940000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC Capital Markets, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>468220456.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>464354486.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>4614600233.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>1794494436.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Quant Small-Cap Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005386</mgmtInvSeriesId>
        <mgmtInvLei>5493008H8U7UF8JZVG45</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079570" sharesOutstandingTickerSymbol="TSRPX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202752" sharesOutstandingTickerSymbol="TSCWX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000014658" sharesOutstandingTickerSymbol="TCSEX"/>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014659" sharesOutstandingTickerSymbol="TRSEX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162563" sharesOutstandingTickerSymbol="TSCHX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014657" sharesOutstandingTickerSymbol="TISEX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>79829018</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>1169163.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA BUENOS AIRES</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Royal Bank of Canada</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (TAIWAN)</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK N.A. - CAIRO BRANCH</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ClearStream</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>19177.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>13685.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>2305.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>954.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>39024.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC Capital Markets, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>73336.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Piper Jaffray &amp; Co.</brokerName>
            <brokerFileNo>8-15204</brokerFileNo>
            <brokerCrdNo>000000665</brokerCrdNo>
            <brokerLei>549300GRQCWQ3XGH0H10</brokerLei>
            <brokerStateCountry brokerState="US-MN" brokerCountry="US"/>
            <grossCommission>414526.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>46695.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Cabrera Capital Markets, LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>1141.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>85183.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>696401.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>812772050.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>135941005.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNY Mellon Capital Markets, LLC</principalName>
            <principalFileNo>8-35255</principalFileNo>
            <principalCrdNo>000017454</principalCrdNo>
            <principalLei>VJW2DOOHGDT6PR0ZRO63</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>92747602.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>745425000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>546970425.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>231944144.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>176635853.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>166830369.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC CAPITAL MARKETS, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>397858501.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Piper Jaffray &amp; Co.</principalName>
            <principalFileNo>8-15204</principalFileNo>
            <principalCrdNo>000000665</principalCrdNo>
            <principalLei>549300GRQCWQ3XGH0H10</principalLei>
            <principalStateCountry principalState="US-MN" principalCountry="US"/>
            <principalTotalPurchaseSale>2360695262.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>6198424882.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>3025676183.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF Mid-Cap Value Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005385</mgmtInvSeriesId>
        <mgmtInvLei>5493001MS922JUQPOW86</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>5</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014656" sharesOutstandingTickerSymbol="TRVRX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079569" sharesOutstandingTickerSymbol="TRVPX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014654" sharesOutstandingTickerSymbol="TIMVX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000014655" sharesOutstandingTickerSymbol="TCMVX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162562" sharesOutstandingTickerSymbol="TRVHX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>2111121</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>6140.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SINGAPORE</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS SWITZERLAND AG</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>172015.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>INSTINET, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>106621.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>JEFFERIES LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>127031.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>National Financial Services LLC</brokerName>
            <brokerFileNo>8-26740</brokerFileNo>
            <brokerCrdNo>000013041</brokerCrdNo>
            <brokerLei>549300JRHF1MHHWUAW04</brokerLei>
            <brokerStateCountry brokerState="US-MA" brokerCountry="US"/>
            <grossCommission>80419.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Barclays Capital Inc.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>AC28XWWI3WIBK2824319</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>53269.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>RBC Capital Markets, LLC</brokerName>
            <brokerFileNo>8-45411</brokerFileNo>
            <brokerCrdNo>000031194</brokerCrdNo>
            <brokerLei>549300LCO2FLSSVFFR64</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>38885.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>BMO CAPITAL MARKETS CORP</brokerName>
            <brokerFileNo>8-34344</brokerFileNo>
            <brokerCrdNo>000016686</brokerCrdNo>
            <brokerLei>RUC0QBLBRPRCU4W1NE59</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>34158.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Wells Fargo Securities, LLC</brokerName>
            <brokerFileNo>8-65876</brokerFileNo>
            <brokerCrdNo>000126292</brokerCrdNo>
            <brokerLei>VYVVCKR63DVZZN70PB21</brokerLei>
            <brokerStateCountry brokerState="US-NC" brokerCountry="US"/>
            <grossCommission>46885.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>140461.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup Global Markets Inc.</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>70981.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>940713.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Credit Suisse Securities (USA) LLC</principalName>
            <principalFileNo>8-422</principalFileNo>
            <principalCrdNo>000000816</principalCrdNo>
            <principalLei>1V8Y6QCX6YMJ2OELII46</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>291873732.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>INSTINET, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>510337570.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JEFFERIES LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>694418802.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>328516077.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC Capital Markets, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>220229938.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>401740622.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>219150564.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>JP Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>223812466.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>708110000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>National Financial Services LLC</principalName>
            <principalFileNo>8-26740</principalFileNo>
            <principalCrdNo>000013041</principalCrdNo>
            <principalLei>549300JRHF1MHHWUAW04</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>231737285.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>5613785051.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>2155953059.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF International Equity Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005381</mgmtInvSeriesId>
        <mgmtInvLei>5493008RRTKJOPRQXQ17</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>6</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014646" sharesOutstandingTickerSymbol="TRERX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162558" sharesOutstandingTickerSymbol="TIEHX"/>
          <sharesOutstanding sharesOutstandingClassName="Retail Class" sharesOutstandingClassId="C000033996" sharesOutstandingTickerSymbol="TIERX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014645" sharesOutstandingTickerSymbol="TIIEX"/>
          <sharesOutstanding sharesOutstandingClassName="Premier Class" sharesOutstandingClassId="C000079565" sharesOutstandingTickerSymbol="TREPX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202750" sharesOutstandingTickerSymbol="TIEWX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>43020845</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>542850.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>NO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA LIMA</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UBS AG ZURICH</custodianName>
            <custodianLei>549300WOIFUSNYH0FL22</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK (TAIWAN)</custodianName>
            <custodianLei>549300QJEO1B92LSHZ06</custodianLei>
            <custodianCountry>TW</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST COMPANY</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK (VIETNAM) LTD</custodianName>
            <custodianLei>213800H95OG9OHRT4Y78</custodianLei>
            <custodianCountry>VN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Intesa Sanpaolo S.p.A., Milan</custodianName>
            <custodianLei>2W8N8UU78PMDQKZENC08</custodianLei>
            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK HUNGARY ZRT</custodianName>
            <custodianLei>Y28RT6GGYJ696PMW8T44</custodianLei>
            <custodianCountry>HU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK MIDDLE EAST LMITED</custodianName>
            <custodianLei>549300F99IL9YJDWH369</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>FI</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONG KONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Handlowy w Warszawie S.A.</custodianName>
            <custodianLei>XLEZHWWOI4HFQDGL4793</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP PARIBAS GREECE</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>GR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Standard Chartered Bank</custodianName>
            <custodianLei>549300O1LQYCQ7G1IM57</custodianLei>
            <custodianCountry>TH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>UNICREDIT BANK AUSTRIA AG</custodianName>
            <custodianLei>D1HEB8VEU6D9M8ZUXG17</custodianLei>
            <custodianCountry>AT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANK</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>SE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CLEARSTREAM BANKING AG</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK</custodianName>
            <custodianLei>X5AV1MBDXGRPX5UGMX13</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC NEW ZEALAND</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK CAIRO</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HONGKONG AND SHANGHAI BANKING CORP</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC BANK AUSTRALIA LIMITED</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>BR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MEXICO</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank NA</custodianName>
            <custodianLei>CWZ8NZDH5SKY12Q4US31</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ceskoslovenska Obchodni Banka A.S.</custodianName>
            <custodianLei>Q5BP2UEQ48R75BOTCB92</custodianLei>
            <custodianCountry>CZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK NA</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>SG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>MIZUHO CORP BANK LTD</custodianName>
            <custodianLei>RB0PEZSDGCO3JS6CEU02</custodianLei>
            <custodianCountry>JP</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>FR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK SANTIAGO, CHILE</custodianName>
            <custodianLei>CJI8113X31URBY98TE10</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>PT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust, S.A. (Citibank Colombia)</custodianName>
            <custodianLei>SSER7O0CV66FF0PRYK94</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>DEUTSCHE BANK AG</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK EUROPE</custodianName>
            <custodianLei>N1FBEDJ5J41VKZLO2475</custodianLei>
            <custodianCountry>ES</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STANDARD CHARTERED BANK MALAYSIA</custodianName>
            <custodianLei>549300JTJBG2QBI8KD48</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FIRST ABU DHABI BANK PJSC</custodianName>
            <custodianLei>2138002Y3WMK6RZS8H90</custodianLei>
            <custodianCountry>AE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>CITIBANK MAGHREB</custodianName>
            <custodianLei>5493003FVWLMBFTISI11</custodianLei>
            <custodianCountry>MA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO. LONDON</custodianName>
            <custodianLei>213800YAZLPV26WFM449</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>SKANDINAVISKA ENSKILDA BANKEN</custodianName>
            <custodianLei>F3JS33DEI6XQ4ZBPTN86</custodianLei>
            <custodianCountry>DK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Barclays Capital Inc.</brokerName>
            <brokerFileNo>8-41342</brokerFileNo>
            <brokerCrdNo>000019714</brokerCrdNo>
            <brokerLei>AC28XWWI3WIBK2824319</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>316378.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Credit Suisse Securities (USA) LLC</brokerName>
            <brokerFileNo>8-422</brokerFileNo>
            <brokerCrdNo>000000816</brokerCrdNo>
            <brokerLei>1V8Y6QCX6YMJ2OELII46</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>100523.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>J.P. Morgan Securities LLC</brokerName>
            <brokerFileNo>8-35008</brokerFileNo>
            <brokerCrdNo>000000079</brokerCrdNo>
            <brokerLei>ZBUT11V806EZRVTWT807</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>329967.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Sanford C. Bernstein and Co</brokerName>
            <brokerFileNo>8-52942</brokerFileNo>
            <brokerCrdNo>000104474</brokerCrdNo>
            <brokerLei>549300I7JYZHT7D5CO04</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>386275.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>98609.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Citigroup Global Markets Inc.</brokerName>
            <brokerFileNo>8-8177</brokerFileNo>
            <brokerCrdNo>000007059</brokerCrdNo>
            <brokerLei>MBNUM2BPBDO7JBLYG310</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>107114.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Morgan Stanley &amp; Co. LLC</brokerName>
            <brokerFileNo>8-15869</brokerFileNo>
            <brokerCrdNo>000008209</brokerCrdNo>
            <brokerLei>9R7GPTSO7KV3UQJZQ078</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>422764.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Bank of America</brokerName>
            <brokerFileNo>8-7221</brokerFileNo>
            <brokerCrdNo>000007691</brokerCrdNo>
            <brokerLei>8NAV47T0Y26Q87Y0QP81</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>582901.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies, LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>137264.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>129770.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>2941363.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>494181566.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>455938946.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>514373228.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of America</principalName>
            <principalFileNo>8-7221</principalFileNo>
            <principalCrdNo>000007691</principalCrdNo>
            <principalLei>8NAV47T0Y26Q87Y0QP81</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>554872192.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Sanford C. Bernstein and Co</principalName>
            <principalFileNo>8-52942</principalFileNo>
            <principalCrdNo>000104474</principalCrdNo>
            <principalLei>549300I7JYZHT7D5CO04</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>707599576.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1679140000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>329972369.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>820956792.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Instinet, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>306676602.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>BFM8T61CT2L1QCEMIK50</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>371028367.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>8603716301.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>6098042483.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF S&amp;P 500 Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>TIAA-CREF S&amp;P 500 Index Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000005361</mgmtInvSeriesId>
        <mgmtInvLei>549300E43FI8YXBFG523</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>4</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Retirement Class" sharesOutstandingClassId="C000014613" sharesOutstandingTickerSymbol="TRSPX"/>
          <sharesOutstanding sharesOutstandingClassName="Institutional Class" sharesOutstandingClassId="C000014612" sharesOutstandingTickerSymbol="TISPX"/>
          <sharesOutstanding sharesOutstandingClassName="Class W" sharesOutstandingClassId="C000202743" sharesOutstandingTickerSymbol="TISWX"/>
          <sharesOutstanding sharesOutstandingClassName="Advisor Class" sharesOutstandingClassId="C000162543" sharesOutstandingTickerSymbol="TISAX"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Underlying fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.02570000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.09640000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.25110000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.25110000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>STATE STREET BANK AND TRUST CO.</securitiesAgentName>
            <securitiesAgentLei>571474TGEMMWANRLN572</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A" idemnityProviderLei="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="STATE STREET BANK AND TRUST CO." collateralManagerLei="571474TGEMMWANRLN572" isCollateralManagerAffliliated="Y" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>2992515</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>34130.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Teachers Advisors, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-46887</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107157</investmentAdviserCrdNo>
            <investmentAdviserLei>Q3EVPQI7HQSIMVRLOU14</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-NY" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>DST Asset Manager Solutions, Inc.</transferAgentName>
            <transferAgentFileNo>84-00896</transferAgentFileNo>
            <transferAgentLei>21B7QCD05XOK0YTYOP98</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Thomson Reuters</pricingServiceName>
            <pricingServiceLei>549300561UZND4C7B569</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>ROYAL BANK OF CANADA</custodianName>
            <custodianLei>ES7IP3U3RHIGC71XBU11</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>EUROCLEAR</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>BNP Paribas Security Services, FR</custodianName>
            <custodianLei>549300WCGB70D06XZS54</custodianLei>
            <custodianCountry>NL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Canada Self Custody - CDSX</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>STATE STREET BANK AND TRUST CO.</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>DST Asset Manager Solutions, Inc.</shareholderServiceAgentName>
            <shareholderServiceAgentLei>21B7QCD05XOK0YTYOP98</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Teachers Advisors, LLC</adminName>
            <adminLei>Q3EVPQI7HQSIMVRLOU14</adminLei>
            <adminStateCountry adminState="US-NY" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>TIAA-CREF Individual &amp; Instit Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-44454</brokerDealerFileNo>
            <brokerDealerCrdNo>000020472</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Nuveen Securities, LLC</brokerDealerName>
            <brokerDealerFileNo>8-13464</brokerDealerFileNo>
            <brokerDealerCrdNo>000000469</brokerDealerCrdNo>
            <brokerDealerLei>549300SUT66RK1UQZ953</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>Cabrera Capital Markets, LLC</brokerName>
            <brokerFileNo>8-26406</brokerFileNo>
            <brokerCrdNo>000010081</brokerCrdNo>
            <brokerLei>254900BIRJU76JRBK985</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>4464.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Jefferies, LLC</brokerName>
            <brokerFileNo>8-15074</brokerFileNo>
            <brokerCrdNo>000002347</brokerCrdNo>
            <brokerLei>58PU97L1C0WSRCWADL48</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>162.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Loop Capital Markets LLC</brokerName>
            <brokerFileNo>8-50140</brokerFileNo>
            <brokerCrdNo>000043098</brokerCrdNo>
            <brokerLei>254900FPPM2WN90D4786</brokerLei>
            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
            <grossCommission>3686.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Instinet, LLC</brokerName>
            <brokerFileNo>8-23669</brokerFileNo>
            <brokerCrdNo>000007897</brokerCrdNo>
            <brokerLei>549300MGMN3RKMU8FT57</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>9794.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
            <brokerFileNo>8-22651</brokerFileNo>
            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>BFM8T61CT2L1QCEMIK50</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>30.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Guzman &amp; Company</brokerName>
            <brokerFileNo>8-38646</brokerFileNo>
            <brokerCrdNo>000021013</brokerCrdNo>
            <brokerLei>549300E7R8O8EHE8SN83</brokerLei>
            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>7945.00000000</grossCommission>
          </broker>
          <broker>
            <brokerName>Goldman Sachs &amp; Co. LLC</brokerName>
            <brokerFileNo>8-129</brokerFileNo>
            <brokerCrdNo>000000361</brokerCrdNo>
            <brokerLei>FOR8UP27PHTHYVLBNG30</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>15376.00000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>41457.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Guzman &amp; Company</principalName>
            <principalFileNo>8-38646</principalFileNo>
            <principalCrdNo>000021013</principalCrdNo>
            <principalLei>549300E7R8O8EHE8SN83</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>266239392.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>191386575.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Instinet, LLC</principalName>
            <principalFileNo>8-23669</principalFileNo>
            <principalCrdNo>000007897</principalCrdNo>
            <principalLei>549300MGMN3RKMU8FT57</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>140253281.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Global Markets, LLC</principalName>
            <principalFileNo>8-69862</principalFileNo>
            <principalCrdNo>000285852</principalCrdNo>
            <principalLei>549300FDEDF5ORXCMQ56</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1330875000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>169332512.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. MORGAN SECURITIES LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>172345395.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>142894394.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>251237708.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Cabrera Capital Markets, LLC</principalName>
            <principalFileNo>8-26406</principalFileNo>
            <principalCrdNo>000010081</principalCrdNo>
            <principalLei>254900BIRJU76JRBK985</principalLei>
            <principalStateCountry principalState="US-IL" principalCountry="US"/>
            <principalTotalPurchaseSale>144261377.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>304768532.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>3862508752.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>7610548701.00000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>1000000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Deutsche Bank"/>
                <lineOfCreditInstitution creditInstitutionName="JPMorgan"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="TIAA-CREF Lifestyle Aggressive Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA Separate Account VA 1" secFileNo="811-08520"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Stock Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Real Estate Securities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Growth Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="College Retirement Equities Fund Equity Index Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifestyle Moderate Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short Duration Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Social Choice Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2025 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2065 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small/Mid-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Green Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2040 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Stock Index Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Large-Cap Value Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Small-Cap Blend Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Money Market Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifestyle Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Impact Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Core Plus Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Money Market Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Global Equities Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Growth &amp; Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Social Choice Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Money Market Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Growth Account" secFileNo="811-04415"/>
                <creditUser fundName="College Retirement Equities Fund Bond Market Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2020 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2060 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2035 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2015 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Large-Cap Growth Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Balanced Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life Growth &amp; Income Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Life International Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Quant International Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2050 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF High-Yield Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2030 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Equity Index Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Retirement Income Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Inflation-Linked Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="College Retirement Equities Fund Inflation-Linked Bond Account" secFileNo="811-04415"/>
                <creditUser fundName="TIAA-CREF Emerging Markets Debt Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Small-Cap Equity Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF International Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2010 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle Index 2055 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Mid-Cap Value Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifecycle 2045 Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Low Carbon Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Lifestyle Conservative Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Managed Allocation Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Quant Small-Cap Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Opportunities Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Social Choice Equity Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Real Estate Securities Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Short-Term Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF International Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Core Bond Fund" secFileNo="811-08961"/>
                <creditUser fundName="TIAA-CREF Core Bond Fund" secFileNo="811-09301"/>
                <creditUser fundName="TIAA-CREF Life Large-Cap Value Fund" secFileNo="811-08961"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <attachmentsTab>
      <isLegalProceedings>false</isLegalProceedings>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
      <isInfoRequiredEO>false</isInfoRequiredEO>
      <isOtherInfoRequired>false</isOtherInfoRequired>
    </attachmentsTab>
    <signature registrantSignedName="TIAA-CREF FUNDS" signedDate="2021-10-31" signature="E. Scott Wickerham" title="Senior Managing Director and Funds' Treasurer"/>
  </formData>
</edgarSubmission>
