Portfolio

of

investments

(unaudited)

Real

Estate

Securities

Fund

June

30,

2022

1

TIAA-CREF

Funds

SHARES

COMPANY

VALUE

COMMON

STOCKS

-

97.7%

DIVERSIFIED

REITS

-

1

.1

%

3,600,000

*

DigitalBridge

Group,

Inc

$

17,568,000‌

950,000

Washington

REIT

20,244,500‌

TOTAL

DIVERSIFIED

REITS

37,812,500‌

HEALTH

CARE

REITS

-

5

.6

%

1,925,000

Healthpeak

Properties

Inc

49,876,750‌

1,150,000

Ventas,

Inc

59,144,500‌

1,000,000

Welltower,

Inc

82,350,000‌

TOTAL

HEALTH

CARE

REITS

191,371,250‌

HOTEL

&

RESORT

REITS

-

1

.3

%

1,900,000

Host

Hotels

and

Resorts,

Inc

29,792,000‌

1,200,000

Park

Hotels

&

Resorts,

Inc

16,284,000‌

TOTAL

HOTEL

&

RESORT

REITS

46,076,000‌

INDUSTRIAL

REITS

-

15

.7

%

1,050,000

Duke

Realty

Corp

57,697,500‌

200,000

EastGroup

Properties,

Inc

30,866,000‌

200,000

Innovative

Industrial

Properties,

Inc

21,974,000‌

2,200,000

Prologis,

Inc

258,830,000‌

2,150,000

Rexford

Industrial

Realty,

Inc

123,818,500‌

825,000

Terreno

Realty

Corp

45,977,250‌

TOTAL

INDUSTRIAL

REITS

539,163,250‌

INTERNET

SERVICES

&

INFRASTRUCTURE

-

0

.4

%

1,350,000

*

Cyxtera

Technologies,

Inc

15,309,000‌

TOTAL

INTERNET

SERVICES

&

INFRASTRUCTURE

15,309,000‌

OFFICE

REITS

-

6

.1

%

500,000

Alexandria

Real

Estate

Equities,

Inc

72,515,000‌

600,000

Boston

Properties,

Inc

53,388,000‌

450,000

Kilroy

Realty

Corp

23,548,500‌

700,000

SL

Green

Realty

Corp

32,305,000‌

1,000,000

Vornado

Realty

Trust

28,590,000‌

TOTAL

OFFICE

REITS

210,346,500‌

REAL

ESTATE

OPERATING

COMPANIES

-

0

.5

%

1,800,000

Tricon

Residential,

Inc

18,252,000‌

TOTAL

REAL

ESTATE

OPERATING

COMPANIES

18,252,000‌

RESIDENTIAL

REITS

-

26

.2

%

2,750,000

American

Homes

4

Rent

97,460,000‌

825,000

AvalonBay

Communities,

Inc

160,256,250‌

200,000

Camden

Property

Trust

26,896,000‌

1,300,000

Equity

Lifestyle

Properties,

Inc

91,611,000‌

1,950,000

Equity

Residential

140,829,000‌

370,000

Essex

Property

Trust,

Inc

96,758,700‌

1,250,000

Independence

Realty

Trust,

Inc

25,912,500‌

6,800,000

Ingenia

Communities

Group

18,729,629‌

500,000

Invitation

Homes,

Inc

17,790,000‌

325,000

Mid-America

Apartment

Communities,

Inc

56,767,750‌

300,000

NexPoint

Residential

Trust,

Inc

18,753,000‌

800,000

Sun

Communities,

Inc

127,488,000‌

500,000

UDR,

Inc

23,020,000‌

TOTAL

RESIDENTIAL

REITS

902,271,829‌

RETAIL

REITS

-

13

.9

%

2,650,000

Brixmor

Property

Group,

Inc

53,556,500‌

3,700,000

Kimco

Realty

Corp

73,149,000‌

Portfolio

of

investments

(unaudited)

Real

Estate

Securities

Fund

June

30,

2022

2

TIAA-CREF

Funds

concluded

SHARES

COMPANY

VALUE

RETAIL

REITS—continued

2,250,000

Kite

Realty

Group

Trust

$

38,902,500‌

750,000

Realty

Income

Corp

51,195,000‌

850,000

Regency

Centers

Corp

50,413,500‌

1,750,000

Simon

Property

Group,

Inc

166,110,000‌

1,700,000

SITE

Centers

Corp

22,899,000‌

600,000

Spirit

Realty

Capital,

Inc

22,668,000‌

TOTAL

RETAIL

REITS

478,893,500‌

SPECIALIZED

REITS

-

26

.9

%

875,000

American

Tower

Corp

223,641,250‌

600,000

Crown

Castle

International

Corp

101,028,000‌

450,000

Digital

Realty

Trust,

Inc

58,423,500‌

200,000

Equinix,

Inc

131,404,000‌

325,000

Extra

Space

Storage,

Inc

55,289,000‌

500,000

Life

Storage,

Inc

55,830,000‌

800,000

National

Storage

Affiliates

Trust

40,056,000‌

425,000

Public

Storage,

Inc

132,884,750‌

100,000

SBA

Communications

Corp

32,005,000‌

1,000,000

VICI

Properties,

Inc

29,790,000‌

2,000,000

Weyerhaeuser

Co

66,240,000‌

TOTAL

SPECIALIZED

REITS

926,591,500‌

TOTAL

COMMON

STOCKS

3,366,087,329‌

(Cost

$2,616,455,498)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

2.0%

GOVERNMENT

AGENCY

DEBT

-

0

.6

%

$

20,000,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

07/15/22

19,989,117‌

TOTAL

GOVERNMENT

AGENCY

DEBT

19,989,117‌

REPURCHASE

AGREEMENT

-

1

.4

%

49,065,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

49,065,000‌

TOTAL

REPURCHASE

AGREEMENT

49,065,000‌

TOTAL

SHORT-TERM

INVESTMENTS

69,054,117‌

(Cost

$69,055,667)

TOTAL

INVESTMENTS

-

99.7%

3,435,141,446‌

(Cost

$2,685,511,165)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.3%

10,154,604‌

NET

ASSETS

-

100.0%

$

3,445,296,050‌

REIT

Real

Estate

Investment

Trust

*

Non-income

producing

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$49,065,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rates

0.250%–3.000%

and

maturity

date

10/31/25,

valued

at

$50,046,386.

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

3

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BONDS

-

99.5%

CORPORATE

BONDS

-

24.7%

AUTOMOBILES

&

COMPONENTS

-

0

.1

%

$

100,000

Aptiv

plc

4

.350

%

03/15/29

$

94,592‌

600,000

Aptiv

plc

3

.250

03/01/32

509,754‌

100,000

Aptiv

plc

4

.400

10/01/46

79,430‌

575,000

Aptiv

plc

5

.400

03/15/49

521,631‌

1,500,000

Aptiv

plc

3

.100

12/01/51

967,400‌

1,000,000

Aptiv

plc

4

.150

05/01/52

755,707‌

200,000

BorgWarner,

Inc

3

.375

03/15/25

195,805‌

1,650,000

BorgWarner,

Inc

2

.650

07/01/27

1,498,844‌

200,000

BorgWarner,

Inc

4

.375

03/15/45

163,684‌

125,000

General

Motors

Co

4

.875

10/02/23

126,198‌

500,000

General

Motors

Co

5

.400

10/02/23

507,469‌

500,000

General

Motors

Co

6

.125

10/01/25

516,869‌

500,000

e

General

Motors

Co

4

.200

10/01/27

474,388‌

500,000

General

Motors

Co

6

.800

10/01/27

526,431‌

700,000

General

Motors

Co

5

.000

10/01/28

678,235‌

900,000

General

Motors

Co

6

.600

04/01/36

911,419‌

700,000

General

Motors

Co

5

.150

04/01/38

610,423‌

150,000

General

Motors

Co

6

.250

10/02/43

142,903‌

175,000

General

Motors

Co

5

.200

04/01/45

146,991‌

350,000

General

Motors

Co

6

.750

04/01/46

351,184‌

500,000

General

Motors

Co

5

.400

04/01/48

434,951‌

900,000

General

Motors

Co

5

.950

04/01/49

835,753‌

175,000

Harley-Davidson,

Inc

3

.500

07/28/25

169,241‌

200,000

e

Harley-Davidson,

Inc

4

.625

07/28/45

153,826‌

2,000,000

Honda

Motor

Co

Ltd

2

.534

03/10/27

1,871,214‌

326,000

Lear

Corp

3

.800

09/15/27

307,963‌

400,000

Lear

Corp

4

.250

05/15/29

367,387‌

500,000

Lear

Corp

3

.500

05/30/30

436,182‌

600,000

Lear

Corp

2

.600

01/15/32

468,052‌

550,000

e

Lear

Corp

5

.250

05/15/49

476,631‌

1,000,000

Lear

Corp

3

.550

01/15/52

655,597‌

300,000

Magna

International,

Inc

3

.625

06/15/24

299,885‌

600,000

Magna

International,

Inc

4

.150

10/01/25

602,561‌

175,000

Magna

International,

Inc

2

.450

06/15/30

148,988‌

1,000,000

Toyota

Motor

Corp

1

.339

03/25/26

910,369‌

300,000

Toyota

Motor

Corp

3

.669

07/20/28

293,436‌

1,000,000

e

Toyota

Motor

Corp

2

.362

03/25/31

877,474‌

TOTAL

AUTOMOBILES

&

COMPONENTS

19,088,867‌

BANKS

-

4

.1

%

3,000,000

Asian

Development

Bank

2

.875

05/06/25

2,980,980‌

6,000,000

Asian

Development

Bank

1

.500

01/20/27

5,550,684‌

500,000

Asian

Development

Bank

3

.125

04/27/32

496,053‌

525,000

Australia

&

New

Zealand

Banking

Group

Ltd

3

.700

11/16/25

524,061‌

1,000,000

Banco

Bilbao

Vizcaya

Argentaria

S.A.

0

.875

09/18/23

964,578‌

1,000,000

Banco

Bilbao

Vizcaya

Argentaria

S.A.

1

.125

09/18/25

904,616‌

1,000,000

Banco

Santander

S.A.

3

.892

05/24/24

994,761‌

800,000

Banco

Santander

S.A.

2

.706

06/27/24

776,309‌

600,000

Banco

Santander

S.A.

2

.746

05/28/25

568,135‌

400,000

Banco

Santander

S.A.

5

.179

11/19/25

399,811‌

1,600,000

Banco

Santander

S.A.

1

.849

03/25/26

1,437,958‌

600,000

Banco

Santander

S.A.

4

.250

04/11/27

578,754‌

1,200,000

Banco

Santander

S.A.

1

.722

09/14/27

1,041,573‌

675,000

Banco

Santander

S.A.

3

.800

02/23/28

631,418‌

1,000,000

Banco

Santander

S.A.

4

.175

03/24/28

954,180‌

1,800,000

Banco

Santander

S.A.

4

.379

04/12/28

1,740,798‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

4

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

600,000

Banco

Santander

S.A.

3

.306

%

06/27/29

$

544,804‌

400,000

Banco

Santander

S.A.

3

.490

05/28/30

353,832‌

2,000,000

Banco

Santander

S.A.

2

.749

12/03/30

1,588,474‌

1,000,000

Banco

Santander

S.A.

2

.958

03/25/31

837,694‌

2,000,000

Banco

Santander

S.A.

3

.225

11/22/32

1,581,805‌

10,300,000

Bank

of

America

Corp

3

.458

03/15/25

10,151,400‌

3,550,000

Bank

of

America

Corp

3

.950

04/21/25

3,501,376‌

2,000,000

Bank

of

America

Corp

3

.841

04/25/25

1,989,841‌

3,000,000

Bank

of

America

Corp

0

.981

09/25/25

2,775,573‌

3,000,000

Bank

of

America

Corp

3

.093

10/01/25

2,902,938‌

725,000

Bank

of

America

Corp

2

.456

10/22/25

690,565‌

4,000,000

Bank

of

America

Corp

3

.366

01/23/26

3,873,967‌

3,000,000

Bank

of

America

Corp

2

.015

02/13/26

2,811,691‌

5,000,000

Bank

of

America

Corp

1

.319

06/19/26

4,545,200‌

4,500,000

Bank

of

America

Corp

1

.197

10/24/26

4,026,640‌

5,000,000

Bank

of

America

Corp

1

.658

03/11/27

4,481,145‌

7,800,000

Bank

of

America

Corp

3

.559

04/23/27

7,466,641‌

4,500,000

Bank

of

America

Corp

1

.734

07/22/27

4,000,032‌

2,000,000

Bank

of

America

Corp

2

.551

02/04/28

1,818,937‌

3,000,000

e

Bank

of

America

Corp

4

.376

04/27/28

2,953,412‌

2,000,000

Bank

of

America

Corp

3

.593

07/21/28

1,886,204‌

5,690,000

Bank

of

America

Corp

3

.419

12/20/28

5,298,858‌

1,250,000

Bank

of

America

Corp

3

.970

03/05/29

1,191,930‌

3,000,000

Bank

of

America

Corp

2

.087

06/14/29

2,569,144‌

1,400,000

Bank

of

America

Corp

4

.271

07/23/29

1,345,138‌

3,075,000

Bank

of

America

Corp

3

.974

02/07/30

2,904,593‌

1,675,000

Bank

of

America

Corp

3

.194

07/23/30

1,501,561‌

1,050,000

Bank

of

America

Corp

2

.884

10/22/30

916,919‌

4,000,000

Bank

of

America

Corp

2

.496

02/13/31

3,380,492‌

1,750,000

Bank

of

America

Corp

2

.592

04/29/31

1,484,250‌

3,000,000

Bank

of

America

Corp

1

.898

07/23/31

2,397,633‌

3,000,000

Bank

of

America

Corp

1

.922

10/24/31

2,396,366‌

3,000,000

Bank

of

America

Corp

2

.651

03/11/32

2,521,080‌

4,000,000

Bank

of

America

Corp

2

.687

04/22/32

3,358,071‌

5,000,000

Bank

of

America

Corp

2

.299

07/21/32

4,040,482‌

3,000,000

Bank

of

America

Corp

2

.572

10/20/32

2,474,436‌

2,000,000

Bank

of

America

Corp

2

.972

02/04/33

1,703,847‌

3,000,000

Bank

of

America

Corp

4

.571

04/27/33

2,919,633‌

4,000,000

Bank

of

America

Corp

2

.482

09/21/36

3,102,372‌

1,500,000

Bank

of

America

Corp

6

.110

01/29/37

1,613,530‌

3,000,000

Bank

of

America

Corp

3

.846

03/08/37

2,593,047‌

4,500,000

Bank

of

America

Corp

4

.078

04/23/40

3,956,626‌

6,000,000

Bank

of

America

Corp

2

.676

06/19/41

4,317,113‌

4,000,000

Bank

of

America

Corp

3

.311

04/22/42

3,136,433‌

1,500,000

Bank

of

America

Corp

5

.000

01/21/44

1,473,365‌

2,800,000

Bank

of

America

Corp

4

.443

01/20/48

2,559,582‌

3,000,000

Bank

of

America

Corp

3

.946

01/23/49

2,548,743‌

1,000,000

Bank

of

America

Corp

2

.831

10/24/51

684,784‌

1,950,000

Bank

of

America

Corp

3

.483

03/13/52

1,524,900‌

2,000,000

Bank

of

America

Corp

2

.972

07/21/52

1,419,948‌

2,000,000

Bank

of

Montreal

0

.450

12/08/23

1,920,923‌

1,425,000

Bank

of

Montreal

3

.300

02/05/24

1,421,972‌

1,000,000

Bank

of

Montreal

2

.500

06/28/24

975,502‌

2,000,000

Bank

of

Montreal

0

.625

07/09/24

1,881,236‌

750,000

Bank

of

Montreal

1

.850

05/01/25

709,479‌

1,500,000

Bank

of

Montreal

1

.250

09/15/26

1,328,783‌

1,000,000

Bank

of

Montreal

0

.949

01/22/27

889,876‌

750,000

Bank

of

Montreal

4

.338

10/05/28

749,089‌

425,000

Bank

of

Montreal

3

.803

12/15/32

393,926‌

2,000,000

Bank

of

New

York

Mellon

Corp

3

.350

04/25/25

1,977,108‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

5

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

1,000,000

Bank

of

New

York

Mellon

Corp

2

.050

%

01/26/27

$

918,800‌

1,000,000

Bank

of

New

York

Mellon

Corp

3

.992

06/13/28

988,300‌

500,000

Bank

of

New

York

Mellon

Corp

4

.289

06/13/33

489,116‌

750,000

Bank

of

Nova

Scotia

2

.200

02/03/25

717,684‌

2,000,000

Bank

of

Nova

Scotia

1

.300

06/11/25

1,855,580‌

1,550,000

Bank

of

Nova

Scotia

4

.500

12/16/25

1,548,238‌

2,000,000

Bank

of

Nova

Scotia

1

.050

03/02/26

1,790,259‌

2,000,000

Bank

of

Nova

Scotia

1

.350

06/24/26

1,788,756‌

1,000,000

Bank

of

Nova

Scotia

2

.700

08/03/26

941,328‌

3,000,000

Bank

of

Nova

Scotia

1

.300

09/15/26

2,663,938‌

525,000

Barclays

plc

4

.338

05/16/24

524,720‌

200,000

Barclays

plc

4

.375

09/11/24

199,003‌

2,000,000

Barclays

plc

1

.007

12/10/24

1,898,169‌

1,425,000

Barclays

plc

3

.650

03/16/25

1,392,287‌

2,750,000

Barclays

plc

3

.932

05/07/25

2,705,208‌

975,000

Barclays

plc

4

.375

01/12/26

965,991‌

2,000,000

Barclays

plc

2

.852

05/07/26

1,888,592‌

800,000

Barclays

plc

5

.200

05/12/26

796,149‌

2,000,000

Barclays

plc

2

.279

11/24/27

1,773,025‌

700,000

Barclays

plc

4

.337

01/10/28

668,935‌

1,975,000

Barclays

plc

4

.836

05/09/28

1,899,957‌

1,500,000

Barclays

plc

4

.972

05/16/29

1,474,194‌

1,000,000

Barclays

plc

5

.088

06/20/30

943,897‌

2,000,000

Barclays

plc

2

.645

06/24/31

1,655,301‌

1,500,000

Barclays

plc

2

.667

03/10/32

1,209,273‌

2,000,000

Barclays

plc

2

.894

11/24/32

1,607,564‌

1,750,000

Barclays

plc

3

.564

09/23/35

1,442,784‌

1,000,000

Barclays

plc

3

.811

03/10/42

758,137‌

1,125,000

Barclays

plc

3

.330

11/24/42

836,130‌

775,000

Barclays

plc

5

.250

08/17/45

749,445‌

575,000

Barclays

plc

4

.950

01/10/47

541,436‌

500,000

BBVA

USA

3

.875

04/10/25

495,769‌

675,000

BNP

Paribas

S.A.

3

.250

03/03/23

675,952‌

500,000

Canadian

Imperial

Bank

of

Commerce

3

.500

09/13/23

500,174‌

750,000

Canadian

Imperial

Bank

of

Commerce

3

.100

04/02/24

742,005‌

1,000,000

Canadian

Imperial

Bank

of

Commerce

2

.250

01/28/25

958,588‌

1,000,000

Canadian

Imperial

Bank

of

Commerce

0

.950

10/23/25

902,002‌

1,000,000

Canadian

Imperial

Bank

of

Commerce

1

.250

06/22/26

887,895‌

4,600,000

Citigroup,

Inc

3

.500

05/15/23

4,597,701‌

1,500,000

Citigroup,

Inc

4

.044

06/01/24

1,495,952‌

500,000

Citigroup,

Inc

4

.000

08/05/24

498,552‌

1,250,000

Citigroup,

Inc

0

.776

10/30/24

1,191,620‌

7,500,000

Citigroup,

Inc

3

.352

04/24/25

7,345,870‌

2,000,000

Citigroup,

Inc

0

.981

05/01/25

1,873,658‌

1,000,000

Citigroup,

Inc

3

.700

01/12/26

979,894‌

750,000

Citigroup,

Inc

4

.600

03/09/26

750,948‌

3,000,000

Citigroup,

Inc

3

.106

04/08/26

2,879,866‌

1,100,000

Citigroup,

Inc

4

.300

11/20/26

1,084,155‌

4,000,000

Citigroup,

Inc

1

.122

01/28/27

3,531,896‌

5,000,000

Citigroup,

Inc

1

.462

06/09/27

4,420,456‌

1,500,000

Citigroup,

Inc

4

.450

09/29/27

1,468,997‌

5,000,000

Citigroup,

Inc

3

.070

02/24/28

4,638,455‌

3,000,000

Citigroup,

Inc

4

.658

05/24/28

2,976,893‌

1,000,000

Citigroup,

Inc

3

.668

07/24/28

944,058‌

2,025,000

Citigroup,

Inc

4

.125

07/25/28

1,942,407‌

4,000,000

Citigroup,

Inc

4

.075

04/23/29

3,802,003‌

1,750,000

Citigroup,

Inc

3

.980

03/20/30

1,636,709‌

5,000,000

Citigroup,

Inc

2

.666

01/29/31

4,245,474‌

2,200,000

Citigroup,

Inc

4

.412

03/31/31

2,101,152‌

6,000,000

Citigroup,

Inc

2

.572

06/03/31

5,043,532‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

6

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

5,000,000

Citigroup,

Inc

2

.561

%

05/01/32

$

4,116,811‌

175,000

Citigroup,

Inc

6

.625

06/15/32

191,370‌

875,000

Citigroup,

Inc

2

.520

11/03/32

709,934‌

4,000,000

Citigroup,

Inc

3

.057

01/25/33

3,390,618‌

1,000,000

Citigroup,

Inc

3

.785

03/17/33

900,993‌

1,775,000

Citigroup,

Inc

4

.910

05/24/33

1,751,438‌

750,000

Citigroup,

Inc

3

.878

01/24/39

648,318‌

325,000

Citigroup,

Inc

8

.125

07/15/39

422,781‌

350,000

Citigroup,

Inc

5

.875

01/30/42

371,771‌

2,000,000

Citigroup,

Inc

2

.904

11/03/42

1,449,546‌

400,000

Citigroup,

Inc

6

.675

09/13/43

448,642‌

125,000

Citigroup,

Inc

5

.300

05/06/44

119,720‌

675,000

Citigroup,

Inc

4

.650

07/30/45

617,143‌

3,075,000

Citigroup,

Inc

4

.750

05/18/46

2,745,473‌

5,075,000

Citigroup,

Inc

4

.650

07/23/48

4,724,215‌

500,000

Citizens

Bank

NA

3

.700

03/29/23

500,653‌

350,000

Citizens

Bank

NA

2

.250

04/28/25

333,365‌

250,000

Citizens

Bank

NA

3

.750

02/18/26

245,493‌

500,000

Citizens

Financial

Group,

Inc

2

.850

07/27/26

469,167‌

200,000

Citizens

Financial

Group,

Inc

2

.500

02/06/30

168,652‌

450,000

Citizens

Financial

Group,

Inc

3

.250

04/30/30

399,313‌

850,000

Citizens

Financial

Group,

Inc

2

.638

09/30/32

677,985‌

500,000

Citizens

Financial

Group,

Inc

5

.641

05/21/37

493,473‌

500,000

Comerica

Bank

2

.500

07/23/24

485,671‌

200,000

Comerica

Bank

4

.000

07/27/25

197,478‌

625,000

Comerica,

Inc

3

.700

07/31/23

624,586‌

550,000

Comerica,

Inc

4

.000

02/01/29

533,375‌

2,000,000

Cooperatieve

Rabobank

UA

0

.375

01/12/24

1,902,026‌

2,050,000

Cooperatieve

Rabobank

UA

3

.375

05/21/25

2,017,205‌

600,000

Cooperatieve

Rabobank

UA

4

.375

08/04/25

594,964‌

2,700,000

Cooperatieve

Rabobank

UA

3

.750

07/21/26

2,574,463‌

550,000

Cooperatieve

Rabobank

UA

5

.250

05/24/41

593,537‌

400,000

Cooperatieve

Rabobank

UA

5

.750

12/01/43

418,048‌

1,600,000

Cooperatieve

Rabobank

UA

5

.250

08/04/45

1,571,399‌

1,300,000

Discover

Bank

3

.350

02/06/23

1,300,047‌

1,350,000

Discover

Bank

4

.200

08/08/23

1,354,656‌

1,000,000

Discover

Bank

2

.450

09/12/24

961,715‌

200,000

Discover

Bank

4

.250

03/13/26

195,225‌

1,125,000

Discover

Bank

3

.450

07/27/26

1,062,853‌

300,000

Discover

Bank

4

.682

08/09/28

291,645‌

350,000

Discover

Bank

4

.650

09/13/28

336,814‌

325,000

Discover

Bank

2

.700

02/06/30

271,402‌

450,000

Fifth

Third

Bancorp

4

.300

01/16/24

451,990‌

675,000

Fifth

Third

Bancorp

3

.650

01/25/24

672,143‌

300,000

Fifth

Third

Bancorp

2

.550

05/05/27

274,931‌

1,000,000

Fifth

Third

Bancorp

1

.707

11/01/27

887,157‌

500,000

Fifth

Third

Bancorp

3

.950

03/14/28

486,039‌

1,000,000

Fifth

Third

Bancorp

4

.055

04/25/28

974,991‌

140,000

Fifth

Third

Bancorp

8

.250

03/01/38

179,481‌

300,000

Fifth

Third

Bank

3

.950

07/28/25

300,470‌

2,400,000

Fifth

Third

Bank

3

.850

03/15/26

2,354,762‌

1,000,000

Fifth

Third

Bank

2

.250

02/01/27

921,465‌

500,000

First

Citizens

BancShares,

Inc

3

.375

03/15/30

478,440‌

500,000

First

Horizon

Bank

5

.750

05/01/30

513,228‌

500,000

First

Horizon

National

Corp

3

.550

05/26/23

498,072‌

500,000

First

Horizon

National

Corp

4

.000

05/26/25

491,664‌

500,000

First

Republic

Bank

1

.912

02/12/24

494,177‌

175,000

First

Republic

Bank

4

.375

08/01/46

155,654‌

550,000

FNB

Corp

2

.200

02/24/23

543,826‌

33,000

HSBC

Bank

USA

NA

7

.000

01/15/39

38,601‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

7

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

2,625,000

HSBC

Holdings

plc

4

.250

%

03/14/24

$

2,612,512‌

2,325,000

HSBC

Holdings

plc

3

.950

05/18/24

2,314,378‌

850,000

HSBC

Holdings

plc

0

.976

05/24/25

792,562‌

450,000

HSBC

Holdings

plc

4

.250

08/18/25

443,632‌

2,000,000

HSBC

Holdings

plc

2

.633

11/07/25

1,907,052‌

1,875,000

HSBC

Holdings

plc

4

.300

03/08/26

1,855,540‌

825,000

HSBC

Holdings

plc

1

.645

04/18/26

755,774‌

2,475,000

HSBC

Holdings

plc

3

.900

05/25/26

2,418,938‌

1,500,000

HSBC

Holdings

plc

2

.099

06/04/26

1,385,492‌

1,100,000

HSBC

Holdings

plc

4

.292

09/12/26

1,074,689‌

450,000

HSBC

Holdings

plc

4

.375

11/23/26

439,862‌

4,000,000

HSBC

Holdings

plc

1

.589

05/24/27

3,512,742‌

3,000,000

HSBC

Holdings

plc

2

.251

11/22/27

2,672,900‌

3,925,000

HSBC

Holdings

plc

4

.041

03/13/28

3,727,306‌

1,500,000

HSBC

Holdings

plc

4

.755

06/09/28

1,458,171‌

5,000,000

HSBC

Holdings

plc

2

.013

09/22/28

4,276,681‌

2,775,000

HSBC

Holdings

plc

4

.583

06/19/29

2,674,883‌

1,600,000

HSBC

Holdings

plc

2

.206

08/17/29

1,343,877‌

4,000,000

HSBC

Holdings

plc

3

.973

05/22/30

3,674,278‌

3,000,000

HSBC

Holdings

plc

2

.848

06/04/31

2,534,803‌

750,000

HSBC

Holdings

plc

2

.357

08/18/31

607,917‌

3,350,000

HSBC

Holdings

plc

2

.804

05/24/32

2,750,949‌

3,500,000

HSBC

Holdings

plc

2

.871

11/22/32

2,864,058‌

1,500,000

HSBC

Holdings

plc

4

.762

03/29/33

1,383,551‌

300,000

HSBC

Holdings

plc

6

.500

05/02/36

319,210‌

2,700,000

HSBC

Holdings

plc

6

.500

09/15/37

2,880,735‌

200,000

HSBC

Holdings

plc

6

.800

06/01/38

215,815‌

550,000

HSBC

Holdings

plc

6

.100

01/14/42

604,147‌

1,175,000

HSBC

Holdings

plc

5

.250

03/14/44

1,086,033‌

1,250,000

HSBC

USA,

Inc

3

.500

06/23/24

1,241,957‌

1,000,000

Huntington

Bancshares,

Inc

2

.625

08/06/24

971,056‌

500,000

Huntington

Bancshares,

Inc

4

.000

05/15/25

497,478‌

1,000,000

Huntington

Bancshares,

Inc

2

.550

02/04/30

855,307‌

500,000

Huntington

Bancshares,

Inc

5

.023

05/17/33

498,350‌

500,000

Huntington

Bancshares,

Inc

2

.487

08/15/36

391,332‌

1,000,000

Huntington

National

Bank

4

.552

05/17/28

993,024‌

4,750,000

Industrial

&

Commercial

Bank

of

China

Ltd

3

.538

11/08/27

4,700,431‌

1,200,000

ING

Groep

NV

4

.100

10/02/23

1,203,197‌

575,000

ING

Groep

NV

3

.550

04/09/24

569,821‌

1,250,000

ING

Groep

NV

3

.950

03/29/27

1,204,540‌

1,500,000

ING

Groep

NV

1

.726

04/01/27

1,339,249‌

500,000

ING

Groep

NV

4

.550

10/02/28

486,741‌

1,325,000

ING

Groep

NV

4

.050

04/09/29

1,246,345‌

475,000

ING

Groep

NV

2

.727

04/01/32

395,297‌

5,000,000

Inter-American

Development

Bank

1

.500

01/13/27

4,653,025‌

500,000

JPMorgan

Chase

&

Co

3

.375

05/01/23

500,014‌

475,000

JPMorgan

Chase

&

Co

3

.875

02/01/24

477,940‌

1,525,000

JPMorgan

Chase

&

Co

3

.625

05/13/24

1,527,422‌

1,575,000

JPMorgan

Chase

&

Co

3

.797

07/23/24

1,569,136‌

2,675,000

JPMorgan

Chase

&

Co

3

.875

09/10/24

2,669,746‌

975,000

JPMorgan

Chase

&

Co

4

.023

12/05/24

971,657‌

625,000

JPMorgan

Chase

&

Co

3

.125

01/23/25

615,837‌

1,200,000

JPMorgan

Chase

&

Co

3

.220

03/01/25

1,178,410‌

2,125,000

JPMorgan

Chase

&

Co

3

.900

07/15/25

2,128,358‌

2,000,000

JPMorgan

Chase

&

Co

2

.301

10/15/25

1,904,408‌

2,500,000

JPMorgan

Chase

&

Co

2

.595

02/24/26

2,376,100‌

2,000,000

JPMorgan

Chase

&

Co

2

.005

03/13/26

1,872,886‌

3,125,000

JPMorgan

Chase

&

Co

3

.300

04/01/26

3,033,997‌

2,000,000

JPMorgan

Chase

&

Co

2

.083

04/22/26

1,870,146‌

4,000,000

JPMorgan

Chase

&

Co

4

.080

04/26/26

3,950,108‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

8

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

1,450,000

JPMorgan

Chase

&

Co

3

.200

%

06/15/26

$

1,398,960‌

1,000,000

JPMorgan

Chase

&

Co

2

.950

10/01/26

951,541‌

4,000,000

JPMorgan

Chase

&

Co

1

.045

11/19/26

3,555,797‌

1,350,000

JPMorgan

Chase

&

Co

4

.125

12/15/26

1,337,872‌

2,450,000

JPMorgan

Chase

&

Co

3

.960

01/29/27

2,390,343‌

4,000,000

JPMorgan

Chase

&

Co

1

.040

02/04/27

3,537,693‌

5,200,000

JPMorgan

Chase

&

Co

1

.578

04/22/27

4,627,566‌

3,000,000

JPMorgan

Chase

&

Co

1

.470

09/22/27

2,631,183‌

250,000

JPMorgan

Chase

&

Co

4

.250

10/01/27

247,657‌

325,000

JPMorgan

Chase

&

Co

3

.625

12/01/27

312,002‌

1,375,000

JPMorgan

Chase

&

Co

3

.782

02/01/28

1,320,366‌

1,000,000

JPMorgan

Chase

&

Co

2

.947

02/24/28

926,491‌

4,000,000

JPMorgan

Chase

&

Co

4

.323

04/26/28

3,934,104‌

425,000

JPMorgan

Chase

&

Co

3

.540

05/01/28

402,944‌

6,000,000

JPMorgan

Chase

&

Co

2

.182

06/01/28

5,334,412‌

3,000,000

JPMorgan

Chase

&

Co

2

.069

06/01/29

2,580,079‌

2,050,000

JPMorgan

Chase

&

Co

4

.203

07/23/29

1,977,194‌

1,750,000

JPMorgan

Chase

&

Co

4

.452

12/05/29

1,704,336‌

4,500,000

JPMorgan

Chase

&

Co

3

.702

05/06/30

4,185,990‌

1,500,000

JPMorgan

Chase

&

Co

4

.565

06/14/30

1,472,630‌

2,000,000

JPMorgan

Chase

&

Co

2

.522

04/22/31

1,703,437‌

1,425,000

JPMorgan

Chase

&

Co

2

.956

05/13/31

1,230,322‌

5,000,000

JPMorgan

Chase

&

Co

1

.764

11/19/31

3,953,787‌

2,250,000

JPMorgan

Chase

&

Co

1

.953

02/04/32

1,798,366‌

3,000,000

JPMorgan

Chase

&

Co

2

.580

04/22/32

2,524,212‌

3,000,000

JPMorgan

Chase

&

Co

2

.545

11/08/32

2,492,518‌

6,000,000

JPMorgan

Chase

&

Co

2

.963

01/25/33

5,150,165‌

2,000,000

JPMorgan

Chase

&

Co

4

.586

04/26/33

1,964,483‌

958,000

JPMorgan

Chase

&

Co

5

.500

10/15/40

985,944‌

2,000,000

JPMorgan

Chase

&

Co

3

.109

04/22/41

1,550,393‌

4,500,000

JPMorgan

Chase

&

Co

2

.525

11/19/41

3,219,515‌

3,000,000

JPMorgan

Chase

&

Co

3

.157

04/22/42

2,330,759‌

1,000,000

JPMorgan

Chase

&

Co

5

.625

08/16/43

1,038,004‌

1,800,000

JPMorgan

Chase

&

Co

4

.950

06/01/45

1,717,772‌

2,050,000

JPMorgan

Chase

&

Co

4

.260

02/22/48

1,827,976‌

1,000,000

JPMorgan

Chase

&

Co

4

.032

07/24/48

856,862‌

4,500,000

JPMorgan

Chase

&

Co

3

.964

11/15/48

3,812,838‌

1,750,000

JPMorgan

Chase

&

Co

3

.897

01/23/49

1,476,860‌

2,000,000

JPMorgan

Chase

&

Co

3

.109

04/22/51

1,465,829‌

3,000,000

JPMorgan

Chase

&

Co

3

.328

04/22/52

2,280,566‌

750,000

JPMorgan

Chase

&

Co

6

.000

N/A‡

703,103‌

1,000,000

KeyBank

NA

3

.180

07/18/22

995,615‌

1,000,000

KeyBank

NA

0

.433

06/14/24

970,023‌

750,000

KeyBank

NA

3

.300

06/01/25

738,017‌

300,000

KeyBank

NA

3

.400

05/20/26

287,583‌

250,000

KeyBank

NA

3

.900

04/13/29

235,089‌

200,000

KeyCorp

4

.150

10/29/25

199,528‌

850,000

KeyCorp

2

.250

04/06/27

765,253‌

500,000

KeyCorp

4

.100

04/30/28

482,005‌

1,000,000

KeyCorp

2

.550

10/01/29

867,563‌

300,000

KeyCorp

4

.789

06/01/33

295,982‌

1,800,000

Lloyds

Banking

Group

plc

3

.900

03/12/24

1,789,159‌

2,750,000

Lloyds

Banking

Group

plc

4

.500

11/04/24

2,743,219‌

1,375,000

Lloyds

Banking

Group

plc

4

.450

05/08/25

1,376,198‌

325,000

Lloyds

Banking

Group

plc

4

.582

12/10/25

318,654‌

1,000,000

Lloyds

Banking

Group

plc

2

.438

02/05/26

946,250‌

225,000

Lloyds

Banking

Group

plc

4

.650

03/24/26

220,441‌

500,000

Lloyds

Banking

Group

plc

3

.750

01/11/27

482,699‌

2,000,000

Lloyds

Banking

Group

plc

1

.627

05/11/27

1,777,412‌

2,700,000

Lloyds

Banking

Group

plc

4

.375

03/22/28

2,623,471‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

9

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

700,000

Lloyds

Banking

Group

plc

4

.550

%

08/16/28

$

684,004‌

1,825,000

Lloyds

Banking

Group

plc

3

.574

11/07/28

1,707,597‌

1,550,000

Lloyds

Banking

Group

plc

4

.344

01/09/48

1,266,407‌

300,000

M&T

Bank

Corp

3

.550

07/26/23

299,233‌

1,100,000

Manufacturers

&

Traders

Trust

Co

2

.900

02/06/25

1,075,022‌

1,175,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.761

07/26/23

1,173,931‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.801

07/18/24

974,086‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

0

.848

09/15/24

962,707‌

2,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.193

02/25/25

1,898,143‌

1,625,000

e

Mitsubishi

UFJ

Financial

Group,

Inc

3

.777

03/02/25

1,612,873‌

2,500,000

Mitsubishi

UFJ

Financial

Group,

Inc

1

.412

07/17/25

2,295,379‌

3,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

0

.953

07/19/25

2,799,384‌

750,000

Mitsubishi

UFJ

Financial

Group,

Inc

0

.962

10/11/25

694,716‌

207,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.850

03/01/26

202,730‌

225,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.757

09/13/26

210,491‌

650,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.677

02/22/27

628,071‌

2,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

1

.538

07/20/27

1,766,411‌

700,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.287

07/25/27

663,822‌

750,000

Mitsubishi

UFJ

Financial

Group,

Inc

1

.640

10/13/27

661,063‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.341

01/19/28

901,354‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.961

03/02/28

964,267‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

4

.080

04/19/28

973,989‌

300,000

Mitsubishi

UFJ

Financial

Group,

Inc

4

.050

09/11/28

290,602‌

1,250,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.741

03/07/29

1,184,795‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.195

07/18/29

902,163‌

1,500,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.559

02/25/30

1,285,106‌

1,250,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.048

07/17/30

1,019,291‌

1,700,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.309

07/20/32

1,383,869‌

500,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.494

10/13/32

411,500‌

1,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.852

01/19/33

846,402‌

1,000,000

e

Mitsubishi

UFJ

Financial

Group,

Inc

4

.315

04/19/33

959,340‌

300,000

Mitsubishi

UFJ

Financial

Group,

Inc

4

.286

07/26/38

278,768‌

500,000

Mitsubishi

UFJ

Financial

Group,

Inc

4

.153

03/07/39

456,649‌

1,425,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.751

07/18/39

1,235,337‌

700,000

Mizuho

Financial

Group,

Inc

3

.549

03/05/23

702,111‌

1,750,000

Mizuho

Financial

Group,

Inc

1

.241

07/10/24

1,701,234‌

500,000

Mizuho

Financial

Group,

Inc

2

.555

09/13/25

479,003‌

500,000

Mizuho

Financial

Group,

Inc

2

.226

05/25/26

467,312‌

200,000

Mizuho

Financial

Group,

Inc

3

.663

02/28/27

191,442‌

1,000,000

Mizuho

Financial

Group,

Inc

1

.234

05/22/27

873,539‌

1,000,000

Mizuho

Financial

Group,

Inc

1

.554

07/09/27

879,580‌

600,000

Mizuho

Financial

Group,

Inc

3

.170

09/11/27

559,706‌

725,000

Mizuho

Financial

Group,

Inc

4

.018

03/05/28

694,409‌

625,000

Mizuho

Financial

Group,

Inc

4

.254

09/11/29

599,940‌

1,000,000

Mizuho

Financial

Group,

Inc

3

.261

05/22/30

896,446‌

1,000,000

Mizuho

Financial

Group,

Inc

3

.153

07/16/30

887,226‌

500,000

Mizuho

Financial

Group,

Inc

2

.869

09/13/30

434,225‌

500,000

Mizuho

Financial

Group,

Inc

2

.591

05/25/31

418,514‌

1,000,000

Mizuho

Financial

Group,

Inc

2

.201

07/10/31

811,369‌

1,000,000

Mizuho

Financial

Group,

Inc

1

.979

09/08/31

791,435‌

700,000

Mizuho

Financial

Group,

Inc

2

.564

09/13/31

558,555‌

1,000,000

Mizuho

Financial

Group,

Inc

2

.172

05/22/32

792,042‌

1,000,000

Mizuho

Financial

Group,

Inc

2

.260

07/09/32

798,339‌

625,000

National

Australia

Bank

Ltd

3

.000

01/20/23

625,523‌

500,000

National

Australia

Bank

Ltd

2

.875

04/12/23

498,751‌

300,000

National

Australia

Bank

Ltd

3

.375

01/14/26

294,011‌

750,000

National

Australia

Bank

Ltd

2

.500

07/12/26

706,757‌

1,000,000

National

Australia

Bank

Ltd

3

.905

06/09/27

988,448‌

1,000,000

National

Bank

of

Canada

0

.750

08/06/24

932,431‌

1,150,000

National

Bank

of

Canada

0

.550

11/15/24

1,096,361‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

10

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

800,000

Natwest

Group

plc

1

.642

%

06/14/27

$

701,398‌

800,000

Natwest

Group

plc

3

.032

11/28/35

638,631‌

1,275,000

NatWest

Group

plc

3

.875

09/12/23

1,270,797‌

1,100,000

NatWest

Group

plc

2

.359

05/22/24

1,080,276‌

700,000

NatWest

Group

plc

5

.516

09/30/28

704,986‌

725,000

Northern

Trust

Corp

4

.000

05/10/27

729,364‌

300,000

People's

United

Bank

NA

4

.000

07/15/24

298,340‌

100,000

People's

United

Financial,

Inc

3

.650

12/06/22

100,118‌

250,000

PNC

Bank

NA

3

.800

07/25/23

250,679‌

600,000

PNC

Bank

NA

2

.950

02/23/25

584,606‌

550,000

PNC

Bank

NA

3

.250

06/01/25

541,400‌

500,000

PNC

Bank

NA

3

.100

10/25/27

474,539‌

500,000

PNC

Bank

NA

3

.250

01/22/28

476,502‌

903,000

PNC

Bank

NA

4

.050

07/26/28

873,887‌

475,000

PNC

Bank

NA

2

.700

10/22/29

413,916‌

500,000

PNC

Financial

Services

Group,

Inc

3

.500

01/23/24

500,070‌

300,000

PNC

Financial

Services

Group,

Inc

3

.900

04/29/24

300,728‌

500,000

PNC

Financial

Services

Group,

Inc

2

.200

11/01/24

484,254‌

1,500,000

PNC

Financial

Services

Group,

Inc

2

.600

07/23/26

1,419,973‌

3,000,000

PNC

Financial

Services

Group,

Inc

1

.150

08/13/26

2,680,464‌

300,000

PNC

Financial

Services

Group,

Inc

3

.150

05/19/27

285,902‌

1,575,000

PNC

Financial

Services

Group,

Inc

3

.450

04/23/29

1,469,672‌

2,000,000

PNC

Financial

Services

Group,

Inc

2

.550

01/22/30

1,739,457‌

1,500,000

PNC

Financial

Services

Group,

Inc

2

.307

04/23/32

1,253,248‌

750,000

PNC

Financial

Services

Group,

Inc

4

.626

06/06/33

724,326‌

300,000

Regions

Bank

6

.450

06/26/37

333,459‌

225,000

Regions

Financial

Corp

2

.250

05/18/25

214,653‌

1,000,000

Regions

Financial

Corp

1

.800

08/12/28

851,205‌

500,000

Royal

Bank

of

Canada

1

.600

04/17/23

494,414‌

850,000

Royal

Bank

of

Canada

3

.700

10/05/23

854,809‌

1,000,000

Royal

Bank

of

Canada

0

.425

01/19/24

957,889‌

1,000,000

Royal

Bank

of

Canada

2

.550

07/16/24

976,412‌

750,000

Royal

Bank

of

Canada

2

.250

11/01/24

723,900‌

2,000,000

Royal

Bank

of

Canada

1

.150

06/10/25

1,850,331‌

1,000,000

Royal

Bank

of

Canada

0

.875

01/20/26

895,254‌

1,000,000

Royal

Bank

of

Canada

4

.650

01/27/26

1,008,272‌

2,000,000

Royal

Bank

of

Canada

1

.200

04/27/26

1,796,694‌

2,000,000

Royal

Bank

of

Canada

1

.150

07/14/26

1,784,863‌

1,500,000

Royal

Bank

of

Canada

1

.400

11/02/26

1,331,342‌

1,600,000

Royal

Bank

of

Canada

2

.300

11/03/31

1,333,859‌

700,000

Royal

Bank

of

Scotland

Group

plc

4

.519

06/25/24

698,202‌

750,000

Royal

Bank

of

Scotland

Group

plc

4

.269

03/22/25

742,288‌

750,000

Royal

Bank

of

Scotland

Group

plc

4

.800

04/05/26

747,132‌

300,000

Royal

Bank

of

Scotland

Group

plc

3

.073

05/22/28

272,715‌

1,000,000

Royal

Bank

of

Scotland

Group

plc

4

.892

05/18/29

969,102‌

750,000

Royal

Bank

of

Scotland

Group

plc

3

.754

11/01/29

720,294‌

3,000,000

Royal

Bank

of

Scotland

Group

plc

5

.076

01/27/30

2,936,185‌

1,500,000

Royal

Bank

of

Scotland

Group

plc

4

.445

05/08/30

1,412,344‌

375,000

Santander

Holdings

USA,

Inc

3

.500

06/07/24

368,475‌

1,000,000

Santander

Holdings

USA,

Inc

3

.450

06/02/25

961,610‌

775,000

Santander

Holdings

USA,

Inc

4

.500

07/17/25

767,359‌

1,850,000

Santander

Holdings

USA,

Inc

3

.244

10/05/26

1,734,887‌

650,000

Santander

Holdings

USA,

Inc

4

.400

07/13/27

624,881‌

2,000,000

Santander

Holdings

USA,

Inc

2

.490

01/06/28

1,765,182‌

775,000

Santander

UK

Group

Holdings

plc

3

.373

01/05/24

771,391‌

725,000

Santander

UK

Group

Holdings

plc

4

.796

11/15/24

725,022‌

1,000,000

Santander

UK

Group

Holdings

plc

1

.532

08/21/26

895,632‌

1,000,000

Santander

UK

Group

Holdings

plc

1

.673

06/14/27

872,867‌

500,000

Santander

UK

Group

Holdings

plc

3

.823

11/03/28

464,136‌

1,500,000

Santander

UK

Group

Holdings

plc

2

.896

03/15/32

1,244,248‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

11

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

1,000,000

State

Street

Corp

2

.203

%

02/07/28

$

915,765‌

1,000,000

State

Street

Corp

2

.623

02/07/33

852,775‌

200,000

State

Street

Corp

4

.421

05/13/33

197,123‌

800,000

Sumitomo

Mitsui

Banking

Corp

3

.000

01/18/23

799,939‌

300,000

Sumitomo

Mitsui

Banking

Corp

3

.950

01/10/24

300,785‌

500,000

Sumitomo

Mitsui

Banking

Corp

3

.400

07/11/24

494,093‌

250,000

Sumitomo

Mitsui

Banking

Corp

3

.650

07/23/25

246,262‌

900,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.748

07/19/23

903,607‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

0

.508

01/12/24

952,239‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.448

09/27/24

963,062‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

0

.948

01/12/26

889,652‌

1,300,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.784

03/09/26

1,274,347‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

1

.402

09/17/26

882,791‌

700,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.010

10/19/26

660,285‌

725,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.446

01/11/27

693,901‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.174

01/14/27

904,336‌

775,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.364

07/12/27

736,082‌

500,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.352

10/18/27

473,229‌

675,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.544

01/17/28

640,871‌

750,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.944

07/19/28

720,204‌

1,500,000

Sumitomo

Mitsui

Financial

Group,

Inc

1

.902

09/17/28

1,271,475‌

500,000

Sumitomo

Mitsui

Financial

Group,

Inc

4

.306

10/16/28

486,714‌

1,500,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.472

01/14/29

1,306,322‌

1,500,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.040

07/16/29

1,335,471‌

500,000

Sumitomo

Mitsui

Financial

Group,

Inc

3

.202

09/17/29

443,337‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.724

09/27/29

871,483‌

1,500,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.750

01/15/30

1,304,255‌

1,500,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.130

07/08/30

1,234,223‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.142

09/23/30

801,157‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

1

.710

01/12/31

785,294‌

1,500,000

e

Sumitomo

Mitsui

Financial

Group,

Inc

2

.222

09/17/31

1,212,554‌

1,500,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.296

01/12/41

1,022,260‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.930

09/17/41

727,829‌

1,500,000

e

Sumitomo

Mitsui

Financial

Group,

Inc

3

.050

01/14/42

1,147,827‌

1,000,000

SVB

Financial

Group

1

.800

10/28/26

893,143‌

500,000

SVB

Financial

Group

4

.345

04/29/28

487,504‌

750,000

SVB

Financial

Group

2

.100

05/15/28

641,050‌

300,000

SVB

Financial

Group

3

.125

06/05/30

258,083‌

875,000

SVB

Financial

Group

1

.800

02/02/31

674,214‌

500,000

SVB

Financial

Group

4

.570

04/29/33

469,231‌

889,000

Svenska

Handelsbanken

AB

3

.900

11/20/23

892,686‌

500,000

Toronto-Dominion

Bank

3

.500

07/19/23

501,029‌

1,525,000

Toronto-Dominion

Bank

3

.250

03/11/24

1,514,684‌

1,250,000

Toronto-Dominion

Bank

2

.650

06/12/24

1,226,643‌

1,000,000

Toronto-Dominion

Bank

1

.150

06/12/25

922,608‌

1,000,000

Toronto-Dominion

Bank

0

.750

09/11/25

902,796‌

2,000,000

Toronto-Dominion

Bank

0

.750

01/06/26

1,787,402‌

2,000,000

Toronto-Dominion

Bank

1

.200

06/03/26

1,788,852‌

1,500,000

Toronto-Dominion

Bank

1

.250

09/10/26

1,331,588‌

1,500,000

Toronto-Dominion

Bank

2

.000

09/10/31

1,218,138‌

1,000,000

Toronto-Dominion

Bank

3

.625

09/15/31

963,871‌

500,000

Truist

Bank

3

.000

02/02/23

499,963‌

500,000

Truist

Bank

3

.689

08/02/24

499,646‌

750,000

e

Truist

Bank

2

.150

12/06/24

721,415‌

1,000,000

Truist

Bank

1

.500

03/10/25

943,890‌

500,000

Truist

Bank

3

.625

09/16/25

489,514‌

200,000

Truist

Bank

4

.050

11/03/25

201,318‌

375,000

Truist

Bank

3

.300

05/15/26

361,446‌

500,000

Truist

Bank

3

.800

10/30/26

488,576‌

750,000

Truist

Bank

2

.636

09/17/29

713,210‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

12

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

475,000

Truist

Bank

2

.250

%

03/11/30

$

397,722‌

1,000,000

Truist

Financial

Corp

2

.500

08/01/24

976,108‌

825,000

Truist

Financial

Corp

2

.850

10/26/24

808,716‌

900,000

Truist

Financial

Corp

4

.000

05/01/25

901,584‌

975,000

Truist

Financial

Corp

3

.700

06/05/25

969,989‌

750,000

Truist

Financial

Corp

1

.200

08/05/25

689,010‌

1,300,000

Truist

Financial

Corp

1

.267

03/02/27

1,164,377‌

1,000,000

Truist

Financial

Corp

1

.125

08/03/27

855,602‌

750,000

Truist

Financial

Corp

4

.123

06/06/28

738,665‌

500,000

Truist

Financial

Corp

3

.875

03/19/29

474,688‌

2,000,000

Truist

Financial

Corp

1

.887

06/07/29

1,719,027‌

750,000

Truist

Financial

Corp

1

.950

06/05/30

623,757‌

125,000

US

Bancorp

3

.700

01/30/24

125,579‌

1,225,000

US

Bancorp

3

.375

02/05/24

1,222,211‌

2,225,000

US

Bancorp

3

.600

09/11/24

2,220,373‌

125,000

US

Bancorp

3

.950

11/17/25

125,611‌

750,000

US

Bancorp

3

.100

04/27/26

722,894‌

700,000

US

Bancorp

2

.375

07/22/26

660,023‌

1,175,000

US

Bancorp

3

.150

04/27/27

1,130,685‌

750,000

US

Bancorp

3

.900

04/26/28

741,400‌

600,000

US

Bancorp

3

.000

07/30/29

545,881‌

2,500,000

US

Bancorp

1

.375

07/22/30

1,992,152‌

1,250,000

US

Bank

NA

3

.400

07/24/23

1,248,947‌

750,000

US

Bank

NA

2

.800

01/27/25

733,250‌

1,000,000

Valley

National

Bancorp

3

.000

06/15/31

917,678‌

125,000

Wachovia

Corp

5

.500

08/01/35

127,186‌

200,000

Webster

Financial

Corp

4

.100

03/25/29

189,711‌

334,000

Wells

Fargo

&

Co

4

.480

01/16/24

338,004‌

2,700,000

Wells

Fargo

&

Co

3

.300

09/09/24

2,663,757‌

4,100,000

Wells

Fargo

&

Co

3

.000

02/19/25

4,006,586‌

1,125,000

Wells

Fargo

&

Co

3

.550

09/29/25

1,104,934‌

2,000,000

Wells

Fargo

&

Co

2

.406

10/30/25

1,904,007‌

1,500,000

Wells

Fargo

&

Co

2

.164

02/11/26

1,409,797‌

3,350,000

Wells

Fargo

&

Co

3

.000

04/22/26

3,187,747‌

2,000,000

Wells

Fargo

&

Co

3

.908

04/25/26

1,966,971‌

1,000,000

Wells

Fargo

&

Co

2

.188

04/30/26

935,552‌

1,250,000

Wells

Fargo

&

Co

4

.100

06/03/26

1,229,510‌

2,575,000

Wells

Fargo

&

Co

3

.000

10/23/26

2,429,635‌

1,500,000

Wells

Fargo

&

Co

3

.196

06/17/27

1,420,033‌

1,200,000

Wells

Fargo

&

Co

4

.300

07/22/27

1,186,723‌

1,300,000

Wells

Fargo

&

Co

3

.526

03/24/28

1,231,292‌

3,625,000

Wells

Fargo

&

Co

3

.584

05/22/28

3,439,071‌

5,000,000

Wells

Fargo

&

Co

2

.393

06/02/28

4,477,645‌

6,175,000

Wells

Fargo

&

Co

4

.150

01/24/29

5,969,182‌

3,950,000

Wells

Fargo

&

Co

2

.879

10/30/30

3,473,534‌

3,000,000

Wells

Fargo

&

Co

2

.572

02/11/31

2,578,881‌

5,000,000

Wells

Fargo

&

Co

4

.478

04/04/31

4,889,760‌

6,000,000

Wells

Fargo

&

Co

3

.350

03/02/33

5,324,792‌

7,025,000

Wells

Fargo

&

Co

3

.068

04/30/41

5,440,263‌

1,050,000

Wells

Fargo

&

Co

5

.375

11/02/43

1,028,467‌

1,468,000

Wells

Fargo

&

Co

5

.606

01/15/44

1,477,324‌

475,000

Wells

Fargo

&

Co

4

.650

11/04/44

427,203‌

1,500,000

Wells

Fargo

&

Co

3

.900

05/01/45

1,260,964‌

950,000

Wells

Fargo

&

Co

4

.900

11/17/45

880,506‌

3,250,000

Wells

Fargo

&

Co

4

.400

06/14/46

2,828,856‌

1,975,000

Wells

Fargo

&

Co

4

.750

12/07/46

1,808,024‌

1,500,000

Wells

Fargo

&

Co

5

.013

04/04/51

1,471,198‌

2,000,000

Wells

Fargo

&

Co

4

.611

04/25/53

1,850,612‌

250,000

Wells

Fargo

Bank

NA

6

.600

01/15/38

289,310‌

1,000,000

Western

Alliance

Bancorp

3

.000

06/15/31

907,256‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

13

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

300,000

Westpac

Banking

Corp

2

.750

%

01/11/23

$

299,481‌

750,000

Westpac

Banking

Corp

3

.300

02/26/24

748,667‌

2,000,000

Westpac

Banking

Corp

2

.350

02/19/25

1,929,483‌

1,000,000

Westpac

Banking

Corp

2

.850

05/13/26

958,094‌

2,000,000

Westpac

Banking

Corp

1

.150

06/03/26

1,792,959‌

675,000

Westpac

Banking

Corp

2

.700

08/19/26

640,933‌

850,000

Westpac

Banking

Corp

3

.350

03/08/27

822,605‌

1,500,000

e

Westpac

Banking

Corp

4

.043

08/26/27

1,491,963‌

725,000

Westpac

Banking

Corp

3

.400

01/25/28

694,280‌

2,000,000

Westpac

Banking

Corp

1

.953

11/20/28

1,745,130‌

1,000,000

Westpac

Banking

Corp

2

.894

02/04/30

947,458‌

1,500,000

Westpac

Banking

Corp

2

.150

06/03/31

1,257,703‌

950,000

Westpac

Banking

Corp

4

.322

11/23/31

913,495‌

600,000

Westpac

Banking

Corp

4

.110

07/24/34

548,402‌

2,350,000

Westpac

Banking

Corp

2

.668

11/15/35

1,870,420‌

500,000

Westpac

Banking

Corp

3

.020

11/18/36

402,416‌

900,000

Westpac

Banking

Corp

4

.421

07/24/39

805,561‌

225,000

Westpac

Banking

Corp

2

.963

11/16/40

162,780‌

600,000

Westpac

Banking

Corp

3

.133

11/18/41

439,843‌

400,000

Zions

Bancorp

NA

3

.250

10/29/29

348,077‌

TOTAL

BANKS

811,535,420‌

CAPITAL

GOODS

-

1

.3

%

600,000

3M

Co

3

.250

02/14/24

598,933‌

1,000,000

3M

Co

2

.000

02/14/25

963,044‌

1,200,000

3M

Co

3

.000

08/07/25

1,181,107‌

675,000

3M

Co

2

.875

10/15/27

649,141‌

925,000

3M

Co

3

.625

09/14/28

913,462‌

500,000

3M

Co

3

.375

03/01/29

481,575‌

1,000,000

3M

Co

2

.375

08/26/29

896,939‌

200,000

3M

Co

3

.125

09/19/46

157,014‌

300,000

3M

Co

3

.625

10/15/47

255,207‌

1,150,000

3M

Co

4

.000

09/14/48

1,038,353‌

875,000

3M

Co

3

.250

08/26/49

694,953‌

820,000

e

3M

Co

3

.700

04/15/50

702,605‌

1,000,000

Acuity

Brands

Lighting,

Inc

2

.150

12/15/30

790,681‌

200,000

Air

Lease

Corp

2

.750

01/15/23

198,576‌

750,000

Air

Lease

Corp

3

.875

07/03/23

743,379‌

2,000,000

Air

Lease

Corp

0

.700

02/15/24

1,888,150‌

750,000

Air

Lease

Corp

2

.300

02/01/25

701,924‌

750,000

Air

Lease

Corp

3

.375

07/01/25

706,258‌

1,000,000

Air

Lease

Corp

2

.875

01/15/26

917,896‌

1,000,000

Air

Lease

Corp

3

.750

06/01/26

941,218‌

1,500,000

Air

Lease

Corp

1

.875

08/15/26

1,295,976‌

500,000

Air

Lease

Corp

3

.625

04/01/27

462,972‌

200,000

Air

Lease

Corp

3

.625

12/01/27

178,436‌

2,000,000

Air

Lease

Corp

2

.100

09/01/28

1,603,333‌

300,000

Air

Lease

Corp

4

.625

10/01/28

277,419‌

500,000

Air

Lease

Corp

3

.250

10/01/29

421,217‌

750,000

Air

Lease

Corp

3

.000

02/01/30

612,048‌

500,000

Air

Lease

Corp

3

.125

12/01/30

408,664‌

200,000

Aircastle

Ltd

4

.400

09/25/23

197,409‌

1,000,000

Aircastle

Ltd

4

.125

05/01/24

971,697‌

500,000

Aircastle

Ltd

4

.250

06/15/26

462,560‌

500,000

Allegion

plc

3

.500

10/01/29

442,220‌

1,000,000

Avnet,

Inc

5

.500

06/01/32

981,185‌

750,000

Boeing

Co

2

.800

03/01/23

745,683‌

2,100,000

Boeing

Co

4

.508

05/01/23

2,104,948‌

1,500,000

Boeing

Co

1

.950

02/01/24

1,451,551‌

2,000,000

Boeing

Co

1

.433

02/04/24

1,910,459‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

14

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

300,000

Boeing

Co

2

.800

%

03/01/24

$

294,027‌

5,700,000

Boeing

Co

4

.875

05/01/25

5,678,959‌

400,000

e

Boeing

Co

2

.600

10/30/25

369,008‌

2,000,000

Boeing

Co

2

.750

02/01/26

1,856,862‌

3,000,000

Boeing

Co

2

.196

02/04/26

2,704,097‌

300,000

Boeing

Co

3

.100

05/01/26

279,376‌

200,000

Boeing

Co

2

.250

06/15/26

178,744‌

500,000

Boeing

Co

2

.700

02/01/27

444,966‌

250,000

Boeing

Co

2

.800

03/01/27

223,299‌

1,900,000

Boeing

Co

5

.040

05/01/27

1,876,760‌

1,500,000

Boeing

Co

3

.250

02/01/28

1,340,425‌

500,000

Boeing

Co

3

.250

03/01/28

445,134‌

125,000

Boeing

Co

3

.450

11/01/28

111,065‌

600,000

Boeing

Co

3

.200

03/01/29

519,170‌

750,000

Boeing

Co

2

.950

02/01/30

624,079‌

1,600,000

Boeing

Co

5

.150

05/01/30

1,535,805‌

1,000,000

Boeing

Co

3

.625

02/01/31

863,160‌

300,000

Boeing

Co

3

.600

05/01/34

239,413‌

425,000

Boeing

Co

3

.250

02/01/35

321,581‌

500,000

Boeing

Co

3

.550

03/01/38

364,139‌

600,000

Boeing

Co

3

.500

03/01/39

429,119‌

350,000

Boeing

Co

5

.875

02/15/40

326,612‌

2,000,000

Boeing

Co

5

.705

05/01/40

1,865,533‌

300,000

Boeing

Co

3

.375

06/15/46

195,068‌

250,000

Boeing

Co

3

.650

03/01/47

169,153‌

100,000

Boeing

Co

3

.625

03/01/48

66,976‌

100,000

Boeing

Co

3

.850

11/01/48

70,610‌

5,000,000

Boeing

Co

5

.805

05/01/50

4,592,359‌

125,000

Boeing

Co

3

.825

03/01/59

80,532‌

750,000

Boeing

Co

3

.950

08/01/59

504,873‌

4,500,000

Boeing

Co

5

.930

05/01/60

4,096,889‌

500,000

Brunswick

Corp

4

.400

09/15/32

432,014‌

500,000

Brunswick

Corp

5

.100

04/01/52

373,088‌

100,000

Carlisle

Cos,

Inc

3

.750

11/15/22

100,032‌

200,000

Carlisle

Cos,

Inc

3

.500

12/01/24

197,702‌

500,000

Carlisle

Cos,

Inc

3

.750

12/01/27

475,970‌

1,000,000

Carlisle

Cos,

Inc

2

.750

03/01/30

840,257‌

2,000,000

Carlisle

Cos,

Inc

2

.200

03/01/32

1,568,885‌

1,444,000

Carrier

Global

Corp

2

.493

02/15/27

1,313,678‌

1,100,000

Carrier

Global

Corp

2

.722

02/15/30

949,775‌

150,000

Carrier

Global

Corp

2

.700

02/15/31

126,909‌

2,000,000

Carrier

Global

Corp

3

.377

04/05/40

1,567,839‌

900,000

Carrier

Global

Corp

3

.577

04/05/50

681,139‌

1,000,000

Caterpillar

Financial

Services

Corp

2

.850

05/17/24

990,983‌

1,000,000

Caterpillar

Financial

Services

Corp

3

.400

05/13/25

997,423‌

1,000,000

Caterpillar

Financial

Services

Corp

1

.450

05/15/25

942,753‌

1,000,000

Caterpillar

Financial

Services

Corp

0

.800

11/13/25

909,753‌

3,000,000

Caterpillar

Financial

Services

Corp

0

.900

03/02/26

2,719,876‌

500,000

Caterpillar

Financial

Services

Corp

2

.400

08/09/26

474,965‌

2,000,000

Caterpillar

Financial

Services

Corp

1

.150

09/14/26

1,800,566‌

1,000,000

e

Caterpillar

Financial

Services

Corp

1

.700

01/08/27

915,501‌

1,000,000

e

Caterpillar

Financial

Services

Corp

1

.100

09/14/27

875,276‌

2,775,000

Caterpillar,

Inc

3

.400

05/15/24

2,784,615‌

500,000

Caterpillar,

Inc

2

.600

09/19/29

456,150‌

1,000,000

e

Caterpillar,

Inc

1

.900

03/12/31

853,246‌

225,000

Caterpillar,

Inc

5

.200

05/27/41

241,028‌

2,363,000

Caterpillar,

Inc

3

.803

08/15/42

2,151,637‌

300,000

Caterpillar,

Inc

4

.300

05/15/44

290,455‌

750,000

Caterpillar,

Inc

3

.250

09/19/49

616,357‌

750,000

e

Caterpillar,

Inc

3

.250

04/09/50

620,627‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

15

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

225,000

CNH

Industrial

Capital

LLC

1

.950

%

07/02/23

$

219,899‌

300,000

CNH

Industrial

Capital

LLC

4

.200

01/15/24

300,200‌

1,000,000

CNH

Industrial

Capital

LLC

1

.875

01/15/26

906,384‌

1,000,000

CNH

Industrial

Capital

LLC

1

.450

07/15/26

883,149‌

500,000

CNH

Industrial

NV

3

.850

11/15/27

470,774‌

200,000

Crane

Co

4

.200

03/15/48

163,080‌

200,000

Cummins,

Inc

3

.650

10/01/23

200,843‌

500,000

e

Cummins,

Inc

0

.750

09/01/25

455,481‌

1,000,000

Cummins,

Inc

1

.500

09/01/30

810,469‌

200,000

Cummins,

Inc

4

.875

10/01/43

199,952‌

750,000

Cummins,

Inc

2

.600

09/01/50

512,544‌

218,000

Deere

&

Co

5

.375

10/16/29

235,004‌

500,000

Deere

&

Co

2

.875

09/07/49

392,901‌

1,000,000

e

Deere

&

Co

3

.750

04/15/50

912,876‌

825,000

Dover

Corp

3

.150

11/15/25

807,996‌

100,000

Dover

Corp

2

.950

11/04/29

90,802‌

100,000

Dover

Corp

5

.375

03/01/41

100,354‌

200,000

Eaton

Corp

3

.103

09/15/27

190,892‌

150,000

Eaton

Corp

4

.000

11/02/32

144,869‌

925,000

Eaton

Corp

4

.150

11/02/42

830,107‌

200,000

Eaton

Corp

3

.915

09/15/47

171,174‌

200,000

Emerson

Electric

Co

3

.150

06/01/25

197,962‌

1,000,000

Emerson

Electric

Co

0

.875

10/15/26

883,270‌

500,000

Emerson

Electric

Co

1

.800

10/15/27

447,666‌

500,000

Emerson

Electric

Co

2

.000

12/21/28

440,421‌

750,000

Emerson

Electric

Co

1

.950

10/15/30

632,519‌

500,000

Emerson

Electric

Co

2

.200

12/21/31

423,299‌

200,000

Emerson

Electric

Co

5

.250

11/15/39

210,352‌

500,000

Emerson

Electric

Co

2

.750

10/15/50

360,054‌

500,000

Emerson

Electric

Co

2

.800

12/21/51

364,583‌

500,000

Flowserve

Corp

3

.500

10/01/30

429,413‌

1,000,000

Flowserve

Corp

2

.800

01/15/32

787,619‌

875,000

Fortive

Corp

3

.150

06/15/26

828,489‌

250,000

Fortive

Corp

4

.300

06/15/46

218,044‌

600,000

Fortune

Brands

Home

&

Security,

Inc

4

.000

09/21/23

601,960‌

200,000

Fortune

Brands

Home

&

Security,

Inc

4

.000

06/15/25

197,301‌

1,000,000

Fortune

Brands

Home

&

Security,

Inc

3

.250

09/15/29

865,328‌

200,000

GATX

Corp

4

.350

02/15/24

200,445‌

500,000

GATX

Corp

3

.250

09/15/26

477,792‌

200,000

GATX

Corp

3

.500

03/15/28

186,998‌

200,000

GATX

Corp

4

.550

11/07/28

196,740‌

425,000

GATX

Corp

4

.700

04/01/29

418,786‌

500,000

GATX

Corp

4

.000

06/30/30

461,158‌

1,000,000

GATX

Corp

1

.900

06/01/31

780,440‌

225,000

GATX

Corp

5

.200

03/15/44

210,733‌

1,000,000

GATX

Corp

3

.100

06/01/51

663,571‌

300,000

General

Dynamics

Corp

1

.875

08/15/23

295,655‌

3,000,000

General

Dynamics

Corp

1

.150

06/01/26

2,722,827‌

750,000

General

Dynamics

Corp

3

.750

05/15/28

736,004‌

900,000

General

Dynamics

Corp

2

.250

06/01/31

782,866‌

2,000,000

General

Dynamics

Corp

2

.850

06/01/41

1,553,219‌

225,000

General

Dynamics

Corp

3

.600

11/15/42

193,731‌

1,950,000

General

Dynamics

Corp

4

.250

04/01/50

1,874,953‌

594,000

General

Electric

Co

6

.750

03/15/32

664,520‌

500,000

Honeywell

International,

Inc

3

.350

12/01/23

501,615‌

2,300,000

Honeywell

International,

Inc

1

.350

06/01/25

2,164,785‌

1,700,000

Honeywell

International,

Inc

2

.500

11/01/26

1,621,576‌

2,000,000

Honeywell

International,

Inc

1

.100

03/01/27

1,777,388‌

950,000

Honeywell

International,

Inc

1

.950

06/01/30

815,714‌

782,000

Honeywell

International,

Inc

3

.812

11/21/47

715,583‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

16

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

575,000

e

Honeywell

International,

Inc

2

.800

%

06/01/50

$

442,500‌

200,000

Hubbell,

Inc

3

.350

03/01/26

194,869‌

500,000

Hubbell,

Inc

3

.150

08/15/27

472,026‌

200,000

Hubbell,

Inc

3

.500

02/15/28

191,768‌

1,000,000

Hubbell,

Inc

2

.300

03/15/31

838,840‌

1,000,000

Huntington

Ingalls

Industries,

Inc

0

.670

08/16/23

964,183‌

500,000

Huntington

Ingalls

Industries,

Inc

3

.844

05/01/25

492,305‌

400,000

Huntington

Ingalls

Industries,

Inc

3

.483

12/01/27

374,012‌

700,000

Huntington

Ingalls

Industries,

Inc

2

.043

08/16/28

597,033‌

500,000

Huntington

Ingalls

Industries,

Inc

4

.200

05/01/30

471,131‌

500,000

IDEX

Corp

3

.000

05/01/30

436,466‌

1,000,000

IDEX

Corp

2

.625

06/15/31

828,492‌

1,000,000

Illinois

Tool

Works,

Inc

2

.650

11/15/26

956,344‌

200,000

Illinois

Tool

Works,

Inc

4

.875

09/15/41

201,835‌

1,000,000

Illinois

Tool

Works,

Inc

3

.900

09/01/42

888,548‌

300,000

Ingersoll-Rand

Global

Holding

Co

Ltd

4

.250

06/15/23

300,603‌

400,000

Ingersoll-Rand

Global

Holding

Co

Ltd

3

.750

08/21/28

377,662‌

200,000

Ingersoll-Rand

Global

Holding

Co

Ltd

5

.750

06/15/43

207,103‌

450,000

Ingersoll-Rand

Global

Holding

Co

Ltd

4

.300

02/21/48

388,733‌

600,000

Ingersoll-Rand

Luxembourg

Finance

S.A.

3

.550

11/01/24

591,081‌

100,000

Ingersoll-Rand

Luxembourg

Finance

S.A.

3

.500

03/21/26

97,210‌

1,000,000

Ingersoll-Rand

Luxembourg

Finance

S.A.

3

.800

03/21/29

936,435‌

300,000

Ingersoll-Rand

Luxembourg

Finance

S.A.

4

.500

03/21/49

267,538‌

200,000

John

Deere

Capital

Corp

3

.650

10/12/23

200,942‌

750,000

John

Deere

Capital

Corp

3

.450

01/10/24

752,455‌

3,000,000

John

Deere

Capital

Corp

0

.450

06/07/24

2,834,471‌

850,000

John

Deere

Capital

Corp

2

.650

06/24/24

838,899‌

500,000

John

Deere

Capital

Corp

2

.050

01/09/25

484,061‌

125,000

John

Deere

Capital

Corp

3

.400

09/11/25

124,153‌

1,000,000

John

Deere

Capital

Corp

0

.700

01/15/26

902,937‌

500,000

John

Deere

Capital

Corp

2

.250

09/14/26

469,344‌

1,000,000

John

Deere

Capital

Corp

1

.300

10/13/26

903,186‌

1,500,000

John

Deere

Capital

Corp

1

.700

01/11/27

1,368,932‌

250,000

John

Deere

Capital

Corp

1

.750

03/09/27

227,938‌

200,000

John

Deere

Capital

Corp

2

.800

09/08/27

190,840‌

200,000

John

Deere

Capital

Corp

3

.050

01/06/28

191,855‌

2,000,000

John

Deere

Capital

Corp

1

.500

03/06/28

1,759,005‌

1,500,000

John

Deere

Capital

Corp

3

.350

04/18/29

1,438,696‌

500,000

John

Deere

Capital

Corp

2

.800

07/18/29

460,206‌

500,000

John

Deere

Capital

Corp

2

.450

01/09/30

447,592‌

1,000,000

John

Deere

Capital

Corp

1

.450

01/15/31

813,942‌

2,000,000

John

Deere

Capital

Corp

2

.000

06/17/31

1,698,353‌

450,000

John

Deere

Capital

Corp

3

.900

06/07/32

444,853‌

474,000

Johnson

Controls

International

plc

3

.900

02/14/26

470,650‌

2,325,000

Johnson

Controls

International

plc

1

.750

09/15/30

1,890,349‌

1,000,000

Johnson

Controls

International

plc

2

.000

09/16/31

795,611‌

207,000

Johnson

Controls

International

plc

6

.000

01/15/36

225,811‌

35,000

Johnson

Controls

International

plc

5

.125

09/14/45

33,818‌

300,000

Johnson

Controls

International

plc

4

.500

02/15/47

262,454‌

280,000

Johnson

Controls

International

plc

(Step

Bond)

3

.625

07/02/24

277,834‌

325,000

Johnson

Controls

International

plc

(Step

Bond)

4

.625

07/02/44

291,414‌

72,000

Johnson

Controls

International

plc

(Step

Bond)

4

.950

07/02/64

63,818‌

200,000

Kennametal,

Inc

4

.625

06/15/28

196,308‌

1,000,000

Kennametal,

Inc

2

.800

03/01/31

809,389‌

850,000

KLA

Corp

4

.650

07/15/32

867,119‌

1,000,000

KLA

Corp

4

.950

07/15/52

1,005,880‌

500,000

KLA

Corp

5

.250

07/15/62

515,403‌

125,000

KLA-Tencor

Corp

4

.650

11/01/24

126,785‌

300,000

KLA-Tencor

Corp

4

.100

03/15/29

296,359‌

500,000

KLA-Tencor

Corp

5

.000

03/15/49

507,263‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

17

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

52,000

L3Harris

Technologies,

Inc

3

.950

%

05/28/24

$

52,235‌

600,000

L3Harris

Technologies,

Inc

3

.850

12/15/26

587,920‌

1,275,000

L3Harris

Technologies,

Inc

4

.400

06/15/28

1,252,191‌

625,000

L3Harris

Technologies,

Inc

4

.400

06/15/28

613,819‌

175,000

L3Harris

Technologies,

Inc

2

.900

12/15/29

155,101‌

1,000,000

L3Harris

Technologies,

Inc

1

.800

01/15/31

798,028‌

300,000

L3Harris

Technologies,

Inc

4

.854

04/27/35

295,071‌

600,000

L3Harris

Technologies,

Inc

5

.054

04/27/45

583,135‌

100,000

Legrand

France

S.A.

8

.500

02/15/25

110,596‌

100,000

Lennox

International,

Inc

3

.000

11/15/23

98,935‌

100,000

Lennox

International,

Inc

1

.350

08/01/25

91,613‌

100,000

Lennox

International,

Inc

1

.700

08/01/27

87,393‌

1,100,000

Lockheed

Martin

Corp

3

.550

01/15/26

1,101,991‌

150,000

Lockheed

Martin

Corp

1

.850

06/15/30

128,012‌

625,000

Lockheed

Martin

Corp

3

.900

06/15/32

616,749‌

300,000

Lockheed

Martin

Corp

3

.600

03/01/35

277,527‌

500,000

Lockheed

Martin

Corp

4

.500

05/15/36

496,753‌

1,833,000

Lockheed

Martin

Corp

4

.070

12/15/42

1,701,845‌

275,000

Lockheed

Martin

Corp

3

.800

03/01/45

242,891‌

200,000

Lockheed

Martin

Corp

4

.700

05/15/46

201,893‌

1,150,000

Lockheed

Martin

Corp

2

.800

06/15/50

855,777‌

1,894,000

Lockheed

Martin

Corp

4

.090

09/15/52

1,763,287‌

1,000,000

Lockheed

Martin

Corp

4

.150

06/15/53

932,753‌

1,000,000

Lockheed

Martin

Corp

4

.300

06/15/62

938,595‌

200,000

Masco

Corp

3

.500

11/15/27

190,241‌

200,000

Masco

Corp

1

.500

02/15/28

167,801‌

500,000

Masco

Corp

2

.000

10/01/30

395,040‌

550,000

Masco

Corp

2

.000

02/15/31

432,145‌

700,000

Masco

Corp

4

.500

05/15/47

595,258‌

1,000,000

Masco

Corp

3

.125

02/15/51

686,905‌

400,000

Northrop

Grumman

Corp

3

.250

08/01/23

400,092‌

300,000

Northrop

Grumman

Corp

3

.200

02/01/27

288,161‌

5,275,000

Northrop

Grumman

Corp

3

.250

01/15/28

5,014,002‌

425,000

Northrop

Grumman

Corp

4

.400

05/01/30

424,385‌

100,000

Northrop

Grumman

Corp

5

.050

11/15/40

99,676‌

700,000

Northrop

Grumman

Corp

4

.750

06/01/43

670,805‌

300,000

Northrop

Grumman

Corp

3

.850

04/15/45

252,542‌

2,450,000

Northrop

Grumman

Corp

4

.030

10/15/47

2,175,503‌

1,000,000

Northrop

Grumman

Corp

5

.250

05/01/50

1,058,665‌

100,000

Oshkosh

Corp

3

.100

03/01/30

85,634‌

1,000,000

Otis

Worldwide

Corp

2

.056

04/05/25

946,996‌

1,000,000

Otis

Worldwide

Corp

2

.293

04/05/27

905,295‌

525,000

Otis

Worldwide

Corp

2

.565

02/15/30

453,526‌

500,000

Otis

Worldwide

Corp

3

.112

02/15/40

387,115‌

450,000

Otis

Worldwide

Corp

3

.362

02/15/50

340,221‌

200,000

Parker-Hannifin

Corp

2

.700

06/14/24

195,170‌

300,000

Parker-Hannifin

Corp

3

.300

11/21/24

296,153‌

650,000

Parker-Hannifin

Corp

3

.250

03/01/27

621,363‌

1,500,000

Parker-Hannifin

Corp

4

.250

09/15/27

1,489,526‌

1,825,000

Parker-Hannifin

Corp

3

.250

06/14/29

1,670,210‌

1,500,000

Parker-Hannifin

Corp

4

.500

09/15/29

1,492,572‌

200,000

Parker-Hannifin

Corp

4

.200

11/21/34

185,767‌

200,000

Parker-Hannifin

Corp

4

.450

11/21/44

179,325‌

750,000

Parker-Hannifin

Corp

4

.100

03/01/47

643,357‌

225,000

Parker-Hannifin

Corp

4

.000

06/14/49

189,292‌

500,000

h

Pentair

Finance

Sarl

5

.900

07/15/32

500,465‌

775,000

Precision

Castparts

Corp

3

.250

06/15/25

772,091‌

400,000

Precision

Castparts

Corp

4

.200

06/15/35

393,815‌

100,000

Precision

Castparts

Corp

3

.900

01/15/43

88,379‌

1,000,000

Quanta

Services,

Inc

2

.900

10/01/30

823,854‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

18

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

600,000

Quanta

Services,

Inc

2

.350

%

01/15/32

$

464,704‌

1,000,000

Quanta

Services,

Inc

3

.050

10/01/41

692,706‌

52,000

Raytheon

Technologies

Corp

3

.650

08/16/23

51,945‌

500,000

Raytheon

Technologies

Corp

3

.200

03/15/24

495,417‌

300,000

Raytheon

Technologies

Corp

3

.150

12/15/24

296,282‌

1,325,000

Raytheon

Technologies

Corp

3

.500

03/15/27

1,294,667‌

200,000

Raytheon

Technologies

Corp

7

.200

08/15/27

223,887‌

2,550,000

Raytheon

Technologies

Corp

4

.125

11/16/28

2,516,521‌

4,500,000

Raytheon

Technologies

Corp

2

.250

07/01/30

3,879,366‌

1,500,000

Raytheon

Technologies

Corp

1

.900

09/01/31

1,229,062‌

1,000,000

Raytheon

Technologies

Corp

2

.375

03/15/32

846,247‌

100,000

Raytheon

Technologies

Corp

4

.700

12/15/41

95,905‌

2,150,000

Raytheon

Technologies

Corp

4

.500

06/01/42

2,050,237‌

125,000

Raytheon

Technologies

Corp

4

.800

12/15/43

121,353‌

150,000

Raytheon

Technologies

Corp

4

.200

12/15/44

130,010‌

700,000

Raytheon

Technologies

Corp

4

.350

04/15/47

647,743‌

2,000,000

Raytheon

Technologies

Corp

3

.125

07/01/50

1,529,813‌

1,000,000

Raytheon

Technologies

Corp

2

.820

09/01/51

715,632‌

1,000,000

Raytheon

Technologies

Corp

3

.030

03/15/52

744,651‌

400,000

Rockwell

Automation,

Inc

3

.500

03/01/29

384,334‌

150,000

Rockwell

Automation,

Inc

1

.750

08/15/31

122,210‌

400,000

Rockwell

Automation,

Inc

4

.200

03/01/49

366,083‌

1,000,000

Rockwell

Automation,

Inc

2

.800

08/15/61

665,284‌

500,000

Roper

Technologies,

Inc

3

.650

09/15/23

500,691‌

500,000

Roper

Technologies,

Inc

2

.350

09/15/24

484,376‌

750,000

Roper

Technologies,

Inc

1

.000

09/15/25

678,088‌

1,100,000

Roper

Technologies,

Inc

3

.800

12/15/26

1,073,664‌

300,000

Roper

Technologies,

Inc

4

.200

09/15/28

294,165‌

500,000

Roper

Technologies,

Inc

2

.950

09/15/29

441,026‌

475,000

Roper

Technologies,

Inc

2

.000

06/30/30

382,503‌

750,000

Roper

Technologies,

Inc

1

.750

02/15/31

584,399‌

200,000

Snap-on,

Inc

3

.250

03/01/27

195,104‌

200,000

Snap-on,

Inc

4

.100

03/01/48

180,900‌

500,000

Snap-on,

Inc

3

.100

05/01/50

398,865‌

500,000

Stanley

Black

&

Decker,

Inc

3

.400

03/01/26

490,835‌

300,000

Stanley

Black

&

Decker,

Inc

4

.250

11/15/28

300,432‌

1,000,000

Stanley

Black

&

Decker,

Inc

2

.300

03/15/30

857,457‌

1,000,000

e

Stanley

Black

&

Decker,

Inc

3

.000

05/15/32

881,304‌

100,000

Stanley

Black

&

Decker,

Inc

5

.200

09/01/40

100,383‌

425,000

Stanley

Black

&

Decker,

Inc

4

.850

11/15/48

418,755‌

1,500,000

Stanley

Black

&

Decker,

Inc

2

.750

11/15/50

1,028,736‌

450,000

Stanley

Black

&

Decker,

Inc

4

.000

03/15/60

390,337‌

2,000,000

Teledyne

Technologies,

Inc

1

.600

04/01/26

1,800,465‌

1,000,000

Teledyne

Technologies,

Inc

2

.250

04/01/28

867,543‌

1,000,000

Teledyne

Technologies,

Inc

2

.750

04/01/31

835,943‌

150,000

Textron,

Inc

4

.000

03/15/26

147,162‌

500,000

Textron,

Inc

3

.650

03/15/27

481,976‌

100,000

Textron,

Inc

3

.375

03/01/28

94,091‌

750,000

Textron,

Inc

3

.900

09/17/29

705,183‌

500,000

Textron,

Inc

3

.000

06/01/30

434,914‌

300,000

Textron,

Inc

2

.450

03/15/31

246,460‌

250,000

Timken

Co

3

.875

09/01/24

247,958‌

200,000

Timken

Co

4

.500

12/15/28

195,190‌

1,000,000

Timken

Co

4

.125

04/01/32

908,289‌

100,000

Trimble,

Inc

4

.150

06/15/23

99,784‌

625,000

Trimble,

Inc

4

.900

06/15/28

609,211‌

725,000

United

Technologies

Corp

3

.125

05/04/27

693,300‌

750,000

United

Technologies

Corp

4

.450

11/16/38

715,363‌

1,650,000

United

Technologies

Corp

4

.150

05/15/45

1,466,385‌

3,325,000

United

Technologies

Corp

4

.625

11/16/48

3,245,502‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

19

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

200,000

Valmont

Industries,

Inc

5

.000

%

10/01/44

$

182,611‌

200,000

Valmont

Industries,

Inc

5

.250

10/01/54

190,786‌

1,000,000

Vontier

Corp

1

.800

04/01/26

872,470‌

1,000,000

Vontier

Corp

2

.400

04/01/28

838,199‌

1,000,000

Vontier

Corp

2

.950

04/01/31

783,860‌

600,000

Wabtec

Corp

4

.400

03/15/24

601,025‌

300,000

Wabtec

Corp

3

.450

11/15/26

273,345‌

875,000

Wabtec

Corp

4

.950

09/15/28

844,991‌

500,000

Westinghouse

Air

Brake

Technologies

Corp

3

.200

06/15/25

476,735‌

750,000

WW

Grainger,

Inc

1

.850

02/15/25

714,329‌

800,000

WW

Grainger,

Inc

4

.600

06/15/45

766,077‌

200,000

WW

Grainger,

Inc

3

.750

05/15/46

169,445‌

125,000

WW

Grainger,

Inc

4

.200

05/15/47

114,513‌

775,000

Xylem,

Inc

3

.250

11/01/26

750,988‌

225,000

Xylem,

Inc

1

.950

01/30/28

198,719‌

150,000

Xylem,

Inc

2

.250

01/30/31

124,977‌

100,000

Xylem,

Inc

4

.375

11/01/46

89,220‌

TOTAL

CAPITAL

GOODS

254,023,800‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.3

%

1,000,000

Air

Lease

Corp

2

.200

01/15/27

871,540‌

1,000,000

Air

Lease

Corp

2

.875

01/15/32

780,566‌

750,000

BayCare

Health

System,

Inc

3

.831

11/15/50

669,448‌

1,000,000

CGI,

Inc

1

.450

09/14/26

883,085‌

1,000,000

CGI,

Inc

2

.300

09/14/31

802,325‌

1,500,000

Council

Of

Europe

Development

Bank

3

.000

06/16/25

1,494,715‌

225,000

g

Daimler

Finance

North

America

LLC

3

.650

02/22/24

224,544‌

925,000

Daimler

Finance

North

America

LLC

8

.500

01/18/31

1,170,368‌

200,000

Equifax,

Inc

3

.300

12/15/22

200,196‌

200,000

Equifax,

Inc

3

.950

06/15/23

199,781‌

125,000

Equifax,

Inc

2

.600

12/15/25

117,834‌

100,000

Equifax,

Inc

3

.100

05/15/30

87,835‌

3,000,000

Equifax,

Inc

2

.350

09/15/31

2,399,838‌

5,000,000

European

Investment

Bank

2

.750

08/15/25

4,947,300‌

7,000,000

e

European

Investment

Bank

1

.375

03/15/27

6,456,977‌

500,000

Fortune

Brands

Home

&

Security,

Inc

4

.000

03/25/32

442,163‌

500,000

Fortune

Brands

Home

&

Security,

Inc

4

.500

03/25/52

386,197‌

865,000

Fred

Hutchinson

Cancer

Center

4

.966

01/01/52

859,048‌

5,000,000

International

Bank

for

Reconstruction

&

Development

2

.500

03/29/32

4,683,930‌

500,000

Leidos,

Inc

2

.950

05/15/23

495,152‌

500,000

Leidos,

Inc

3

.625

05/15/25

489,435‌

100,000

Leidos,

Inc

4

.375

05/15/30

92,497‌

1,000,000

Leidos,

Inc

2

.300

02/15/31

796,652‌

380,000

MidMichigan

Health

3

.409

06/01/50

303,427‌

1,000,000

Moody's

Corp

3

.750

02/25/52

815,907‌

100,000

Partners

Healthcare

System,

Inc

3

.765

07/01/48

87,191‌

750,000

Partners

Healthcare

System,

Inc

3

.192

07/01/49

577,286‌

100,000

Partners

Healthcare

System,

Inc

4

.117

07/01/55

92,001‌

1,000,000

Partners

Healthcare

System,

Inc

3

.342

07/01/60

766,621‌

725,000

RELX

Capital,

Inc

3

.500

03/16/23

724,009‌

625,000

RELX

Capital,

Inc

4

.000

03/18/29

605,477‌

100,000

RELX

Capital,

Inc

3

.000

05/22/30

89,874‌

750,000

Republic

Services,

Inc

3

.200

03/15/25

735,498‌

275,000

Republic

Services,

Inc

0

.875

11/15/25

248,936‌

900,000

Republic

Services,

Inc

2

.900

07/01/26

859,577‌

100,000

Republic

Services,

Inc

3

.375

11/15/27

95,487‌

500,000

Republic

Services,

Inc

2

.300

03/01/30

429,009‌

1,000,000

Republic

Services,

Inc

1

.450

02/15/31

785,028‌

575,000

e

Republic

Services,

Inc

1

.750

02/15/32

452,772‌

1,000,000

Republic

Services,

Inc

2

.375

03/15/33

817,162‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

20

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

$

1,000,000

Republic

Services,

Inc

3

.050

%

03/01/50

$

742,543‌

880,000

Rockefeller

Foundation

2

.492

10/01/50

639,780‌

600,000

Thomson

Reuters

Corp

4

.300

11/23/23

607,298‌

1,200,000

Thomson

Reuters

Corp

3

.350

05/15/26

1,164,115‌

145,000

Thomson

Reuters

Corp

5

.850

04/15/40

150,968‌

200,000

Thomson

Reuters

Corp

5

.650

11/23/43

203,259‌

1,000,000

Triton

Container

International

Ltd

3

.250

03/15/32

814,034‌

500,000

Verisk

Analytics,

Inc

4

.000

06/15/25

495,976‌

850,000

Verisk

Analytics,

Inc

4

.125

03/15/29

819,007‌

300,000

Verisk

Analytics,

Inc

5

.500

06/15/45

300,809‌

200,000

Verisk

Analytics,

Inc

3

.625

05/15/50

155,701‌

750,000

Waste

Connections,

Inc

3

.500

05/01/29

703,973‌

500,000

Waste

Connections,

Inc

2

.600

02/01/30

437,459‌

700,000

Waste

Connections,

Inc

2

.200

01/15/32

570,944‌

100,000

Waste

Connections,

Inc

3

.200

06/01/32

89,136‌

500,000

Waste

Connections,

Inc

3

.050

04/01/50

367,977‌

575,000

Waste

Connections,

Inc

2

.950

01/15/52

412,417‌

1,225,000

Waste

Management,

Inc

3

.150

11/15/27

1,174,385‌

500,000

Waste

Management,

Inc

1

.150

03/15/28

426,105‌

1,000,000

Waste

Management,

Inc

2

.000

06/01/29

868,473‌

1,000,000

Waste

Management,

Inc

1

.500

03/15/31

795,615‌

1,500,000

Waste

Management,

Inc

4

.150

04/15/32

1,470,364‌

1,000,000

Waste

Management,

Inc

2

.950

06/01/41

778,025‌

250,000

Waste

Management,

Inc

2

.500

11/15/50

168,146‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

52,393,197‌

CONSUMER

DURABLES

&

APPAREL

-

0

.1

%

500,000

Brunswick

Corp

0

.850

08/18/24

462,066‌

1,000,000

Brunswick

Corp

2

.400

08/18/31

740,005‌

161,000

Coach,

Inc

4

.125

07/15/27

154,812‌

750,000

DR

Horton,

Inc

2

.500

10/15/24

717,218‌

500,000

DR

Horton,

Inc

2

.600

10/15/25

471,118‌

1,000,000

DR

Horton,

Inc

1

.300

10/15/26

863,870‌

1,000,000

e

DR

Horton,

Inc

1

.400

10/15/27

839,042‌

750,000

Hasbro,

Inc

3

.550

11/19/26

716,811‌

775,000

Hasbro,

Inc

3

.500

09/15/27

731,841‌

1,000,000

Hasbro,

Inc

3

.900

11/19/29

918,266‌

100,000

Hasbro,

Inc

6

.350

03/15/40

102,533‌

200,000

Hasbro,

Inc

5

.100

05/15/44

179,017‌

475,000

Leggett

&

Platt,

Inc

3

.500

11/15/27

453,807‌

350,000

Leggett

&

Platt,

Inc

4

.400

03/15/29

340,290‌

1,000,000

Leggett

&

Platt,

Inc

3

.500

11/15/51

758,833‌

1,900,000

Lennar

Corp

4

.750

11/29/27

1,844,653‌

500,000

MDC

Holdings,

Inc

3

.966

08/06/61

287,689‌

100,000

Mohawk

Industries,

Inc

3

.850

02/01/23

99,970‌

750,000

Mohawk

Industries,

Inc

3

.625

05/15/30

669,230‌

650,000

NIKE,

Inc

2

.375

11/01/26

618,528‌

300,000

NIKE,

Inc

3

.625

05/01/43

264,450‌

825,000

NIKE,

Inc

3

.875

11/01/45

757,895‌

200,000

NIKE,

Inc

3

.375

11/01/46

170,821‌

2,440,000

NIKE,

Inc

3

.375

03/27/50

2,074,937‌

1,000,000

NVR,

Inc

3

.000

05/15/30

861,544‌

200,000

Ralph

Lauren

Corp

3

.750

09/15/25

199,165‌

1,000,000

Ralph

Lauren

Corp

2

.950

06/15/30

881,597‌

450,000

Tapestry,

Inc

3

.050

03/15/32

366,622‌

400,000

VF

Corp

2

.400

04/23/25

383,831‌

1,000,000

VF

Corp

2

.800

04/23/27

937,764‌

200,000

VF

Corp

2

.950

04/23/30

175,299‌

100,000

Whirlpool

Corp

3

.700

03/01/23

100,059‌

100,000

Whirlpool

Corp

4

.000

03/01/24

100,562‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

21

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

DURABLES

&

APPAREL—continued

$

925,000

Whirlpool

Corp

4

.750

%

02/26/29

$

925,109‌

500,000

Whirlpool

Corp

2

.400

05/15/31

414,445‌

475,000

Whirlpool

Corp

4

.700

05/14/32

472,017‌

200,000

Whirlpool

Corp

4

.500

06/01/46

169,186‌

775,000

Whirlpool

Corp

4

.600

05/15/50

664,811‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

21,889,713‌

CONSUMER

SERVICES

-

0

.5

%

14,500,000

Anheuser-Busch

Cos

LLC

3

.650

02/01/26

14,264,232‌

3,150,000

Anheuser-Busch

Cos

LLC

4

.700

02/01/36

3,017,785‌

11,375,000

Anheuser-Busch

Cos

LLC

4

.900

02/01/46

10,691,247‌

200,000

Block

Financial

LLC

5

.250

10/01/25

203,373‌

1,000,000

Block

Financial

LLC

2

.500

07/15/28

871,550‌

750,000

Block

Financial

LLC

3

.875

08/15/30

674,496‌

300,000

Board

of

Trustees

of

The

Leland

Stanford

Junior

University

3

.647

05/01/48

278,550‌

300,000

Booking

Holdings,

Inc

3

.650

03/15/25

299,488‌

300,000

Booking

Holdings,

Inc

3

.600

06/01/26

295,775‌

900,000

Booking

Holdings,

Inc

3

.550

03/15/28

867,436‌

1,100,000

Booking

Holdings,

Inc

4

.625

04/13/30

1,093,711‌

1,000,000

California

Endowment

2

.498

04/01/51

694,864‌

1,000,000

Case

Western

Reserve

University

5

.405

06/01/22

1,017,747‌

500,000

Choice

Hotels

International,

Inc

3

.700

12/01/29

449,593‌

675,000

Cintas

Corp

No

2

3

.700

04/01/27

666,663‌

1,325,000

Cintas

Corp

No

2

4

.000

05/01/32

1,301,247‌

1,000,000

Claremont

McKenna

College

3

.775

01/01/22

717,238‌

500,000

CommonSpirit

Health

2

.950

11/01/22

500,172‌

750,000

CommonSpirit

Health

2

.760

10/01/24

730,254‌

1,000,000

CommonSpirit

Health

3

.347

10/01/29

923,034‌

1,000,000

CommonSpirit

Health

2

.782

10/01/30

864,225‌

300,000

CommonSpirit

Health

4

.350

11/01/42

270,974‌

750,000

CommonSpirit

Health

3

.817

10/01/49

625,292‌

715,000

CommonSpirit

Health

4

.187

10/01/49

600,428‌

500,000

CommonSpirit

Health

3

.910

10/01/50

401,323‌

200,000

Darden

Restaurants,

Inc

3

.850

05/01/27

192,332‌

300,000

Darden

Restaurants,

Inc

4

.550

02/15/48

245,845‌

500,000

Emory

University

2

.143

09/01/30

438,033‌

500,000

Emory

University

2

.969

09/01/50

397,017‌

1,200,000

Expedia

Group,

Inc

5

.000

02/15/26

1,199,887‌

750,000

Expedia

Group,

Inc

4

.625

08/01/27

720,565‌

175,000

Expedia

Group,

Inc

3

.800

02/15/28

159,488‌

750,000

Expedia

Group,

Inc

3

.250

02/15/30

625,484‌

1,000,000

Expedia

Group,

Inc

2

.950

03/15/31

795,398‌

2,000,000

Howard

University

5

.209

10/01/52

1,843,228‌

200,000

Hyatt

Hotels

Corp

3

.375

07/15/23

195,673‌

1,000,000

Hyatt

Hotels

Corp

1

.800

10/01/24

945,210‌

100,000

Hyatt

Hotels

Corp

5

.625

04/23/25

101,287‌

100,000

Hyatt

Hotels

Corp

4

.850

03/15/26

99,600‌

200,000

Hyatt

Hotels

Corp

4

.375

09/15/28

188,563‌

1,100,000

Hyatt

Hotels

Corp

6

.000

04/23/30

1,107,555‌

750,000

Johns

Hopkins

University

2

.813

01/01/60

547,101‌

500,000

Leland

Stanford

Junior

University

1

.289

06/01/27

448,736‌

1,000,000

Leland

Stanford

Junior

University

2

.413

06/01/50

715,516‌

300,000

Marriott

International,

Inc

4

.150

12/01/23

301,088‌

300,000

Marriott

International,

Inc

3

.600

04/15/24

297,212‌

14,000

Marriott

International,

Inc

5

.750

05/01/25

14,524‌

1,250,000

Marriott

International,

Inc

4

.000

04/15/28

1,195,400‌

300,000

Marriott

International,

Inc

4

.650

12/01/28

293,314‌

400,000

Marriott

International,

Inc

4

.625

06/15/30

383,474‌

1,000,000

Marriott

International,

Inc

2

.850

04/15/31

829,281‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

22

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

SERVICES—continued

$

1,500,000

Marriott

International,

Inc

3

.500

%

10/15/32

$

1,293,862‌

2,000,000

Marriott

International,

Inc

2

.750

10/15/33

1,572,755‌

1,500,000

Massachusetts

Institute

of

Technology

2

.989

07/01/50

1,228,057‌

1,000,000

Massachusetts

Institute

of

Technology

2

.294

07/01/51

698,042‌

1,000,000

Massachusetts

Institute

of

Technology

3

.067

04/01/52

825,566‌

750,000

Massachusetts

Institute

of

Technology

5

.600

07/01/11

900,156‌

200,000

Massachusetts

Institute

of

Technology

4

.678

07/01/14

200,111‌

300,000

Massachusetts

Institute

of

Technology

3

.885

07/01/16

250,301‌

2,000,000

McDonald's

Corp

3

.300

07/01/25

1,986,796‌

150,000

McDonald's

Corp

1

.450

09/01/25

139,551‌

2,950,000

McDonald's

Corp

3

.700

01/30/26

2,940,980‌

300,000

McDonald's

Corp

3

.500

03/01/27

294,068‌

775,000

McDonald's

Corp

3

.800

04/01/28

759,413‌

1,250,000

McDonald's

Corp

2

.625

09/01/29

1,120,115‌

500,000

McDonald's

Corp

2

.125

03/01/30

427,434‌

2,225,000

McDonald's

Corp

4

.700

12/09/35

2,214,493‌

250,000

McDonald's

Corp

6

.300

10/15/37

286,574‌

100,000

McDonald's

Corp

6

.300

03/01/38

113,370‌

250,000

McDonald's

Corp

4

.600

05/26/45

234,775‌

1,275,000

McDonald's

Corp

4

.875

12/09/45

1,252,694‌

725,000

McDonald's

Corp

4

.450

03/01/47

671,857‌

625,000

McDonald's

Corp

4

.450

09/01/48

578,309‌

1,825,000

McDonald's

Corp

3

.625

09/01/49

1,506,833‌

1,350,000

McDonald's

Corp

4

.200

04/01/50

1,205,662‌

735,000

Nature

Conservancy

3

.957

03/01/52

673,478‌

750,000

Northeastern

University

2

.894

10/01/50

553,855‌

200,000

Northwestern

University

3

.868

12/01/48

183,695‌

750,000

Northwestern

University

2

.640

12/01/50

553,664‌

200,000

Northwestern

University

3

.662

12/01/57

174,810‌

1,000,000

Novant

Health,

Inc

2

.637

11/01/36

806,851‌

1,000,000

Novant

Health,

Inc

3

.318

11/01/61

752,973‌

1,000,000

President

&

Fellows

of

Harvard

College

2

.517

10/15/50

732,341‌

750,000

President

and

Fellows

of

Harvard

College

3

.619

10/01/37

713,695‌

200,000

President

and

Fellows

of

Harvard

College

3

.150

07/15/46

172,729‌

1,000,000

President

and

Fellows

of

Harvard

College

3

.745

11/15/52

945,775‌

200,000

President

and

Fellows

of

Harvard

College

3

.300

07/15/56

170,206‌

525,000

Starbucks

Corp

3

.850

10/01/23

528,691‌

175,000

Starbucks

Corp

2

.450

06/15/26

165,037‌

500,000

Starbucks

Corp

2

.000

03/12/27

454,232‌

750,000

Starbucks

Corp

3

.500

03/01/28

721,095‌

650,000

Starbucks

Corp

4

.000

11/15/28

637,084‌

750,000

Starbucks

Corp

3

.550

08/15/29

704,190‌

500,000

Starbucks

Corp

2

.250

03/12/30

422,294‌

1,500,000

Starbucks

Corp

2

.550

11/15/30

1,279,478‌

2,000,000

Starbucks

Corp

3

.000

02/14/32

1,738,485‌

200,000

Starbucks

Corp

4

.300

06/15/45

175,493‌

200,000

Starbucks

Corp

3

.750

12/01/47

162,074‌

650,000

Starbucks

Corp

4

.500

11/15/48

587,653‌

1,000,000

Starbucks

Corp

4

.450

08/15/49

896,557‌

500,000

Starbucks

Corp

3

.350

03/12/50

378,243‌

1,000,000

e

Starbucks

Corp

3

.500

11/15/50

782,408‌

1,000,000

Thomas

Jefferson

University

3

.847

11/01/57

823,611‌

200,000

Trinity

Acquisition

plc

4

.400

03/15/26

198,152‌

500,000

Trustees

of

Boston

College

3

.129

07/01/52

391,098‌

100,000

Trustees

of

Boston

University

4

.061

10/01/48

93,860‌

1,000,000

Trustees

of

Princeton

University

2

.516

07/01/50

748,704‌

665,000

Trustees

of

Princeton

University

4

.201

03/01/52

678,935‌

1,000,000

University

of

Chicago

3

.000

10/01/52

789,197‌

1,000,000

University

of

Miami

4

.063

04/01/52

901,509‌

1,000,000

University

of

Southern

California

2

.945

10/01/51

779,488‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

23

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

SERVICES—continued

$

1,000,000

University

of

Southern

California

3

.226

%

10/01/20

$

668,298‌

1,000,000

Washington

University

3

.524

04/15/54

878,056‌

500,000

Washington

University

4

.349

04/15/22

429,049‌

200,000

Wesleyan

University

4

.781

07/01/16

181,830‌

500,000

Yale

University

0

.873

04/15/25

469,468‌

750,000

Yale

University

1

.482

04/15/30

635,542‌

750,000

Yale

University

2

.402

04/15/50

543,280‌

TOTAL

CONSUMER

SERVICES

104,580,445‌

DIVERSIFIED

FINANCIALS

-

2

.6

%

200,000

AerCap

Ireland

Capital

DAC

3

.300

01/23/23

199,204‌

300,000

AerCap

Ireland

Capital

DAC

4

.125

07/03/23

297,011‌

1,500,000

AerCap

Ireland

Capital

DAC

4

.500

09/15/23

1,492,824‌

600,000

AerCap

Ireland

Capital

DAC

4

.875

01/16/24

596,864‌

1,000,000

AerCap

Ireland

Capital

DAC

3

.150

02/15/24

967,784‌

750,000

AerCap

Ireland

Capital

DAC

2

.875

08/14/24

714,449‌

2,000,000

AerCap

Ireland

Capital

DAC

1

.650

10/29/24

1,846,664‌

2,000,000

AerCap

Ireland

Capital

DAC

1

.750

10/29/24

1,845,398‌

1,675,000

AerCap

Ireland

Capital

DAC

3

.500

01/15/25

1,599,686‌

300,000

AerCap

Ireland

Capital

DAC

4

.450

10/01/25

289,916‌

500,000

AerCap

Ireland

Capital

DAC

1

.750

01/30/26

437,017‌

500,000

AerCap

Ireland

Capital

DAC

4

.450

04/03/26

477,461‌

2,500,000

AerCap

Ireland

Capital

DAC

2

.450

10/29/26

2,176,907‌

250,000

AerCap

Ireland

Capital

DAC

3

.650

07/21/27

227,052‌

1,000,000

AerCap

Ireland

Capital

DAC

4

.625

10/15/27

941,377‌

200,000

AerCap

Ireland

Capital

DAC

3

.875

01/23/28

180,517‌

1,450,000

AerCap

Ireland

Capital

DAC

3

.000

10/29/28

1,221,362‌

700,000

AerCap

Ireland

Capital

DAC

3

.300

01/30/32

560,344‌

2,000,000

AerCap

Ireland

Capital

DAC

3

.400

10/29/33

1,579,218‌

800,000

AerCap

Ireland

Capital

DAC

3

.850

10/29/41

576,458‌

200,000

Affiliated

Managers

Group,

Inc

4

.250

02/15/24

201,247‌

1,000,000

Affiliated

Managers

Group,

Inc

3

.300

06/15/30

902,895‌

20,000

Ahold

Finance

USA

LLC

6

.875

05/01/29

22,313‌

2,000,000

Ally

Financial,

Inc

1

.450

10/02/23

1,933,239‌

500,000

Ally

Financial,

Inc

5

.800

05/01/25

510,659‌

1,000,000

Ally

Financial,

Inc

4

.750

06/09/27

960,295‌

1,000,000

Ally

Financial,

Inc

2

.200

11/02/28

814,350‌

2,000,000

Ally

Financial,

Inc

8

.000

11/01/31

2,223,329‌

2,000,000

American

Express

Co

3

.700

08/03/23

2,007,024‌

750,000

American

Express

Co

3

.000

10/30/24

736,791‌

1,000,000

American

Express

Co

4

.200

11/06/25

1,009,281‌

2,500,000

American

Express

Co

3

.125

05/20/26

2,425,752‌

2,000,000

American

Express

Co

1

.650

11/04/26

1,814,660‌

1,500,000

American

Express

Co

2

.550

03/04/27

1,397,656‌

575,000

American

Express

Co

4

.050

05/03/29

563,758‌

2,700,000

American

Express

Co

4

.989

05/26/33

2,700,463‌

525,000

American

Express

Co

4

.050

12/03/42

480,180‌

300,000

American

Honda

Finance

Corp

3

.450

07/14/23

300,139‌

500,000

American

Honda

Finance

Corp

3

.625

10/10/23

501,325‌

300,000

American

Honda

Finance

Corp

3

.550

01/12/24

300,417‌

200,000

American

Honda

Finance

Corp

2

.900

02/16/24

197,916‌

1,000,000

American

Honda

Finance

Corp

2

.400

06/27/24

976,797‌

1,000,000

American

Honda

Finance

Corp

0

.550

07/12/24

939,190‌

500,000

American

Honda

Finance

Corp

2

.150

09/10/24

483,531‌

1,000,000

American

Honda

Finance

Corp

1

.200

07/08/25

922,839‌

750,000

American

Honda

Finance

Corp

1

.000

09/10/25

683,980‌

3,000,000

American

Honda

Finance

Corp

1

.300

09/09/26

2,708,580‌

100,000

American

Honda

Finance

Corp

2

.300

09/09/26

93,371‌

1,000,000

American

Honda

Finance

Corp

2

.350

01/08/27

930,556‌

500,000

American

Honda

Finance

Corp

3

.500

02/15/28

481,351‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

24

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,000,000

American

Honda

Finance

Corp

2

.250

%

01/12/29

$

881,113‌

1,000,000

American

Honda

Finance

Corp

1

.800

01/13/31

820,035‌

875,000

Ameriprise

Financial,

Inc

4

.000

10/15/23

880,380‌

300,000

Ameriprise

Financial,

Inc

3

.700

10/15/24

299,636‌

125,000

Ameriprise

Financial,

Inc

3

.000

04/02/25

122,061‌

200,000

Ameriprise

Financial,

Inc

2

.875

09/15/26

191,133‌

350,000

Ameriprise

Financial,

Inc

4

.500

05/13/32

344,013‌

1,000,000

Andrew

W

Mellon

Foundation

0

.947

08/01/27

877,423‌

600,000

Ares

Capital

Corp

3

.500

02/10/23

597,314‌

850,000

Ares

Capital

Corp

4

.200

06/10/24

834,557‌

500,000

Ares

Capital

Corp

4

.250

03/01/25

478,078‌

500,000

Ares

Capital

Corp

3

.250

07/15/25

462,232‌

1,200,000

Ares

Capital

Corp

3

.875

01/15/26

1,102,008‌

1,500,000

Ares

Capital

Corp

2

.150

07/15/26

1,257,168‌

1,000,000

Ares

Capital

Corp

2

.875

06/15/27

834,673‌

1,500,000

Ares

Capital

Corp

2

.875

06/15/28

1,188,361‌

750,000

Ares

Capital

Corp

3

.200

11/15/31

544,955‌

227,000

AXA

Equitable

Holdings,

Inc

3

.900

04/20/23

228,128‌

1,375,000

AXA

Equitable

Holdings,

Inc

4

.350

04/20/28

1,326,400‌

975,000

AXA

Equitable

Holdings,

Inc

5

.000

04/20/48

901,355‌

2,000,000

Bank

of

Montreal

2

.650

03/08/27

1,852,471‌

2,000,000

Bank

of

Montreal

3

.088

01/10/37

1,636,587‌

350,000

Bank

of

New

York

Mellon

Corp

3

.650

02/04/24

351,318‌

800,000

Bank

of

New

York

Mellon

Corp

3

.250

09/11/24

793,617‌

1,750,000

Bank

of

New

York

Mellon

Corp

2

.100

10/24/24

1,693,393‌

500,000

Bank

of

New

York

Mellon

Corp

3

.000

02/24/25

490,116‌

725,000

Bank

of

New

York

Mellon

Corp

1

.600

04/24/25

682,377‌

1,500,000

Bank

of

New

York

Mellon

Corp

0

.750

01/28/26

1,350,442‌

500,000

Bank

of

New

York

Mellon

Corp

2

.800

05/04/26

481,557‌

500,000

Bank

of

New

York

Mellon

Corp

2

.450

08/17/26

473,122‌

300,000

Bank

of

New

York

Mellon

Corp

3

.250

05/16/27

291,115‌

1,000,000

Bank

of

New

York

Mellon

Corp

3

.400

01/29/28

958,392‌

600,000

Bank

of

New

York

Mellon

Corp

3

.850

04/28/28

585,534‌

2,000,000

Bank

of

New

York

Mellon

Corp

1

.650

07/14/28

1,736,985‌

400,000

Bank

of

New

York

Mellon

Corp

3

.300

08/23/29

370,315‌

1,500,000

Bank

of

New

York

Mellon

Corp

1

.650

01/28/31

1,214,070‌

1,000,000

Bank

of

New

York

Mellon

Corp

1

.800

07/28/31

809,614‌

1,500,000

Bank

of

Nova

Scotia

3

.450

04/11/25

1,480,200‌

1,000,000

Bank

of

Nova

Scotia

1

.950

02/02/27

902,043‌

1,000,000

Bank

of

Nova

Scotia

2

.450

02/02/32

831,007‌

750,000

Bank

of

Nova

Scotia

4

.588

05/04/37

689,519‌

1,000,000

g

Barings

BDC,

Inc

3

.300

11/23/26

867,422‌

2,400,000

Berkshire

Hathaway,

Inc

3

.125

03/15/26

2,351,776‌

800,000

Berkshire

Hathaway,

Inc

4

.500

02/11/43

762,913‌

250,000

BGC

Partners,

Inc

5

.375

07/24/23

251,596‌

500,000

BGC

Partners,

Inc

3

.750

10/01/24

487,993‌

1,000,000

BlackRock

TCP

Capital

Corp

2

.850

02/09/26

905,260‌

500,000

BlackRock,

Inc

3

.500

03/18/24

502,011‌

850,000

BlackRock,

Inc

3

.250

04/30/29

800,736‌

1,450,000

BlackRock,

Inc

1

.900

01/28/31

1,202,727‌

2,000,000

BlackRock,

Inc

2

.100

02/25/32

1,651,801‌

1,025,000

BPCE

S.A.

4

.000

04/15/24

1,023,874‌

300,000

BPCE

S.A.

3

.375

12/02/26

286,159‌

300,000

Brookfield

Asset

Management,

Inc

4

.000

01/15/25

298,574‌

1,000,000

Brookfield

Finance

LLC

3

.450

04/15/50

715,332‌

550,000

Brookfield

Finance,

Inc

4

.000

04/01/24

549,940‌

200,000

Brookfield

Finance,

Inc

4

.250

06/02/26

198,284‌

600,000

Brookfield

Finance,

Inc

3

.900

01/25/28

573,301‌

600,000

Brookfield

Finance,

Inc

4

.850

03/29/29

594,196‌

725,000

Brookfield

Finance,

Inc

4

.700

09/20/47

635,053‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

25

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,000,000

Brookfield

Finance,

Inc

3

.500

%

03/30/51

$

719,374‌

1,500,000

e

Canadian

Imperial

Bank

of

Commerce

3

.450

04/07/27

1,437,683‌

1,500,000

Canadian

Imperial

Bank

of

Commerce

3

.600

04/07/32

1,361,632‌

1,925,000

Capital

One

Financial

Corp

3

.200

01/30/23

1,925,981‌

150,000

Capital

One

Financial

Corp

3

.500

06/15/23

149,147‌

300,000

Capital

One

Financial

Corp

3

.900

01/29/24

299,509‌

750,000

Capital

One

Financial

Corp

3

.300

10/30/24

731,679‌

125,000

Capital

One

Financial

Corp

3

.200

02/05/25

121,539‌

625,000

Capital

One

Financial

Corp

4

.250

04/30/25

623,168‌

850,000

Capital

One

Financial

Corp

4

.200

10/29/25

838,648‌

700,000

Capital

One

Financial

Corp

3

.750

07/28/26

668,886‌

1,075,000

Capital

One

Financial

Corp

3

.750

03/09/27

1,028,965‌

1,000,000

Capital

One

Financial

Corp

3

.650

05/11/27

952,453‌

1,000,000

Capital

One

Financial

Corp

1

.878

11/02/27

877,067‌

2,700,000

Capital

One

Financial

Corp

3

.800

01/31/28

2,539,560‌

1,400,000

Capital

One

Financial

Corp

4

.927

05/10/28

1,386,535‌

2,000,000

Capital

One

Financial

Corp

3

.273

03/01/30

1,769,911‌

3,525,000

Capital

One

Financial

Corp

2

.359

07/29/32

2,688,635‌

1,000,000

Capital

One

Financial

Corp

2

.618

11/02/32

803,958‌

1,000,000

Cboe

Global

Markets,

Inc

1

.625

12/15/30

808,846‌

500,000

Cboe

Global

Markets,

Inc

3

.000

03/16/32

447,678‌

450,000

CBOE

Holdings,

Inc

3

.650

01/12/27

439,400‌

200,000

Celanese

US

Holdings

LLC

3

.500

05/08/24

197,577‌

1,000,000

Celanese

US

Holdings

LLC

1

.400

08/05/26

860,103‌

300,000

Charles

Schwab

Corp

3

.550

02/01/24

300,145‌

300,000

Charles

Schwab

Corp

3

.750

04/01/24

300,821‌

200,000

Charles

Schwab

Corp

3

.000

03/10/25

196,738‌

350,000

Charles

Schwab

Corp

3

.625

04/01/25

347,581‌

1,250,000

Charles

Schwab

Corp

3

.850

05/21/25

1,253,223‌

1,500,000

Charles

Schwab

Corp

0

.900

03/11/26

1,345,654‌

1,500,000

Charles

Schwab

Corp

1

.150

05/13/26

1,353,161‌

500,000

Charles

Schwab

Corp

3

.200

03/02/27

480,099‌

350,000

Charles

Schwab

Corp

2

.450

03/03/27

326,414‌

525,000

Charles

Schwab

Corp

3

.300

04/01/27

509,633‌

200,000

Charles

Schwab

Corp

3

.200

01/25/28

191,173‌

2,000,000

Charles

Schwab

Corp

2

.000

03/20/28

1,785,057‌

300,000

Charles

Schwab

Corp

4

.000

02/01/29

294,083‌

500,000

Charles

Schwab

Corp

2

.750

10/01/29

449,092‌

1,500,000

Charles

Schwab

Corp

1

.650

03/11/31

1,201,797‌

1,500,000

Charles

Schwab

Corp

2

.300

05/13/31

1,268,292‌

1,000,000

Charles

Schwab

Corp

1

.950

12/01/31

809,594‌

1,000,000

Charles

Schwab

Corp

2

.900

03/03/32

880,331‌

1,500,000

CI

Financial

Corp

3

.200

12/17/30

1,172,951‌

1,000,000

CI

Financial

Corp

4

.100

06/15/51

647,900‌

475,000

CME

Group,

Inc

3

.000

03/15/25

468,854‌

500,000

CME

Group,

Inc

3

.750

06/15/28

492,847‌

1,500,000

CME

Group,

Inc

2

.650

03/15/32

1,328,295‌

400,000

CME

Group,

Inc

5

.300

09/15/43

434,960‌

500,000

CME

Group,

Inc

4

.150

06/15/48

474,700‌

2,000,000

Credit

Suisse

AG.

0

.495

02/02/24

1,885,142‌

2,900,000

Credit

Suisse

AG.

3

.625

09/09/24

2,847,516‌

1,050,000

Credit

Suisse

AG.

3

.700

02/21/25

1,025,231‌

500,000

Credit

Suisse

AG.

2

.950

04/09/25

478,538‌

1,000,000

Credit

Suisse

AG.

1

.250

08/07/26

874,121‌

2,300,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

3

.750

03/26/25

2,227,869‌

2,750,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

4

.550

04/17/26

2,687,748‌

1,750,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

4

.875

05/15/45

1,488,410‌

525,000

Deutsche

Bank

AG.

3

.700

05/30/24

515,636‌

1,000,000

Deutsche

Bank

AG.

2

.222

09/18/24

964,106‌

2,000,000

Deutsche

Bank

AG.

1

.447

04/01/25

1,868,913‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

26

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,000,000

Deutsche

Bank

AG.

4

.162

%

05/13/25

$

990,922‌

1,000,000

Deutsche

Bank

AG.

3

.961

11/26/25

966,052‌

1,800,000

e

Deutsche

Bank

AG.

4

.100

01/13/26

1,765,770‌

2,000,000

Deutsche

Bank

AG.

1

.686

03/19/26

1,793,460‌

2,000,000

Deutsche

Bank

AG.

2

.129

11/24/26

1,775,743‌

1,050,000

Deutsche

Bank

AG.

2

.311

11/16/27

906,131‌

1,000,000

Deutsche

Bank

AG.

2

.552

01/07/28

865,609‌

825,000

Deutsche

Bank

AG.

3

.547

09/18/31

690,602‌

750,000

Deutsche

Bank

AG.

3

.035

05/28/32

593,409‌

1,000,000

Deutsche

Bank

AG.

3

.742

01/07/33

727,905‌

100,000

Diageo

Investment

Corp

4

.250

05/11/42

93,315‌

700,000

Discover

Financial

Services

3

.950

11/06/24

689,750‌

200,000

Discover

Financial

Services

4

.500

01/30/26

195,966‌

350,000

Discover

Financial

Services

4

.100

02/09/27

335,668‌

200,000

E*TRADE

Financial

Corp

3

.800

08/24/27

190,984‌

300,000

E*TRADE

Financial

Corp

4

.500

06/20/28

300,118‌

300,000

Eaton

Vance

Corp

3

.625

06/15/23

299,422‌

200,000

Eaton

Vance

Corp

3

.500

04/06/27

190,576‌

750,000

Ford

Foundation

2

.415

06/01/50

534,761‌

525,000

Ford

Foundation

2

.815

06/01/70

360,949‌

200,000

Franklin

Resources,

Inc

2

.850

03/30/25

194,778‌

1,500,000

Franklin

Resources,

Inc

1

.600

10/30/30

1,176,993‌

500,000

Franklin

Resources,

Inc

2

.950

08/12/51

342,960‌

750,000

FS

KKR

Capital

Corp

4

.125

02/01/25

711,233‌

750,000

FS

KKR

Capital

Corp

3

.400

01/15/26

665,663‌

1,000,000

FS

KKR

Capital

Corp

2

.625

01/15/27

840,940‌

1,500,000

FS

KKR

Capital

Corp

3

.125

10/12/28

1,196,347‌

2,401,000

GE

Capital

International

Funding

Co

4

.418

11/15/35

2,242,523‌

1,125,000

General

Motors

Financial

Co,

Inc

3

.700

05/09/23

1,124,599‌

725,000

General

Motors

Financial

Co,

Inc

4

.150

06/19/23

725,444‌

650,000

General

Motors

Financial

Co,

Inc

5

.100

01/17/24

656,464‌

725,000

General

Motors

Financial

Co,

Inc

3

.950

04/13/24

719,436‌

125,000

General

Motors

Financial

Co,

Inc

4

.000

01/15/25

123,199‌

1,000,000

General

Motors

Financial

Co,

Inc

2

.900

02/26/25

954,347‌

1,500,000

General

Motors

Financial

Co,

Inc

3

.800

04/07/25

1,462,360‌

5,175,000

General

Motors

Financial

Co,

Inc

4

.350

04/09/25

5,111,202‌

3,000,000

General

Motors

Financial

Co,

Inc

2

.750

06/20/25

2,814,760‌

450,000

General

Motors

Financial

Co,

Inc

4

.300

07/13/25

442,721‌

500,000

General

Motors

Financial

Co,

Inc

1

.250

01/08/26

440,289‌

275,000

General

Motors

Financial

Co,

Inc

5

.250

03/01/26

275,307‌

1,000,000

General

Motors

Financial

Co,

Inc

1

.500

06/10/26

872,422‌

525,000

General

Motors

Financial

Co,

Inc

4

.000

10/06/26

501,339‌

1,400,000

General

Motors

Financial

Co,

Inc

4

.350

01/17/27

1,343,030‌

2,000,000

e

General

Motors

Financial

Co,

Inc

2

.350

02/26/27

1,761,591‌

800,000

General

Motors

Financial

Co,

Inc

5

.000

04/09/27

784,766‌

1,000,000

General

Motors

Financial

Co,

Inc

2

.700

08/20/27

879,897‌

1,100,000

General

Motors

Financial

Co,

Inc

3

.850

01/05/28

1,008,440‌

2,000,000

General

Motors

Financial

Co,

Inc

2

.400

04/10/28

1,690,325‌

1,850,000

General

Motors

Financial

Co,

Inc

2

.400

10/15/28

1,536,464‌

2,400,000

General

Motors

Financial

Co,

Inc

5

.650

01/17/29

2,394,170‌

1,000,000

General

Motors

Financial

Co,

Inc

4

.300

04/06/29

917,738‌

1,500,000

General

Motors

Financial

Co,

Inc

3

.600

06/21/30

1,296,019‌

2,000,000

General

Motors

Financial

Co,

Inc

2

.350

01/08/31

1,550,568‌

475,000

General

Motors

Financial

Co,

Inc

2

.700

06/10/31

374,257‌

2,000,000

General

Motors

Financial

Co,

Inc

3

.100

01/12/32

1,607,505‌

500,000

Goldman

Sachs

BDC,

Inc

3

.750

02/10/25

484,220‌

500,000

e

Goldman

Sachs

BDC,

Inc

2

.875

01/15/26

450,695‌

2,275,000

Goldman

Sachs

Group,

Inc

3

.625

01/22/23

2,282,093‌

2,575,000

Goldman

Sachs

Group,

Inc

3

.625

02/20/24

2,566,672‌

2,025,000

Goldman

Sachs

Group,

Inc

4

.000

03/03/24

2,031,329‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

27

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

425,000

Goldman

Sachs

Group,

Inc

3

.850

%

07/08/24

$

425,915‌

600,000

Goldman

Sachs

Group,

Inc

3

.500

01/23/25

591,094‌

250,000

Goldman

Sachs

Group,

Inc

3

.500

04/01/25

245,064‌

1,100,000

Goldman

Sachs

Group,

Inc

3

.750

05/22/25

1,086,812‌

2,375,000

Goldman

Sachs

Group,

Inc

3

.272

09/29/25

2,307,477‌

575,000

Goldman

Sachs

Group,

Inc

4

.250

10/21/25

570,561‌

700,000

Goldman

Sachs

Group,

Inc

0

.855

02/12/26

636,829‌

1,125,000

Goldman

Sachs

Group,

Inc

3

.750

02/25/26

1,102,778‌

425,000

Goldman

Sachs

Group,

Inc

3

.500

11/16/26

407,748‌

2,700,000

Goldman

Sachs

Group,

Inc

1

.093

12/09/26

2,404,780‌

125,000

Goldman

Sachs

Group,

Inc

5

.950

01/15/27

130,910‌

3,950,000

Goldman

Sachs

Group,

Inc

3

.850

01/26/27

3,818,461‌

2,600,000

Goldman

Sachs

Group,

Inc

1

.431

03/09/27

2,304,671‌

2,000,000

Goldman

Sachs

Group,

Inc

4

.387

06/15/27

1,973,387‌

5,000,000

Goldman

Sachs

Group,

Inc

1

.542

09/10/27

4,389,019‌

6,500,000

Goldman

Sachs

Group,

Inc

1

.948

10/21/27

5,752,841‌

2,000,000

Goldman

Sachs

Group,

Inc

2

.640

02/24/28

1,815,154‌

3,000,000

Goldman

Sachs

Group,

Inc

3

.615

03/15/28

2,839,262‌

4,475,000

Goldman

Sachs

Group,

Inc

3

.691

06/05/28

4,243,563‌

8,525,000

Goldman

Sachs

Group,

Inc

3

.814

04/23/29

8,037,470‌

550,000

Goldman

Sachs

Group,

Inc

4

.223

05/01/29

528,656‌

2,500,000

Goldman

Sachs

Group,

Inc

2

.600

02/07/30

2,132,293‌

2,500,000

Goldman

Sachs

Group,

Inc

3

.800

03/15/30

2,318,175‌

5,000,000

Goldman

Sachs

Group,

Inc

1

.992

01/27/32

3,949,700‌

2,050,000

Goldman

Sachs

Group,

Inc

2

.615

04/22/32

1,701,982‌

2,550,000

Goldman

Sachs

Group,

Inc

2

.383

07/21/32

2,062,074‌

1,500,000

Goldman

Sachs

Group,

Inc

2

.650

10/21/32

1,236,056‌

3,000,000

Goldman

Sachs

Group,

Inc

3

.102

02/24/33

2,562,228‌

900,000

Goldman

Sachs

Group,

Inc

6

.750

10/01/37

996,680‌

2,425,000

Goldman

Sachs

Group,

Inc

4

.017

10/31/38

2,117,579‌

4,525,000

Goldman

Sachs

Group,

Inc

4

.411

04/23/39

4,107,170‌

2,475,000

Goldman

Sachs

Group,

Inc

6

.250

02/01/41

2,742,183‌

1,900,000

Goldman

Sachs

Group,

Inc

3

.210

04/22/42

1,450,895‌

2,000,000

Goldman

Sachs

Group,

Inc

2

.908

07/21/42

1,460,344‌

2,000,000

Goldman

Sachs

Group,

Inc

3

.436

02/24/43

1,568,147‌

1,225,000

Goldman

Sachs

Group,

Inc

4

.800

07/08/44

1,157,421‌

1,650,000

Goldman

Sachs

Group,

Inc

5

.150

05/22/45

1,567,213‌

200,000

Goldman

Sachs

Group,

Inc

4

.750

10/21/45

185,898‌

1,250,000

Golub

Capital

BDC,

Inc

2

.500

08/24/26

1,046,285‌

1,000,000

Golub

Capital

BDC,

Inc

2

.050

02/15/27

811,824‌

1,000,000

Hercules

Capital,

Inc

3

.375

01/20/27

875,459‌

600,000

ING

Groep

NV

4

.017

03/28/28

571,444‌

300,000

ING

Groep

NV

4

.252

03/28/33

280,047‌

825,000

Intercontinental

Exchange,

Inc

3

.750

12/01/25

818,372‌

1,000,000

Intercontinental

Exchange,

Inc

3

.100

09/15/27

946,780‌

1,500,000

Intercontinental

Exchange,

Inc

4

.000

09/15/27

1,475,784‌

500,000

Intercontinental

Exchange,

Inc

3

.750

09/21/28

482,914‌

1,500,000

Intercontinental

Exchange,

Inc

4

.350

06/15/29

1,480,088‌

1,500,000

Intercontinental

Exchange,

Inc

2

.100

06/15/30

1,254,261‌

1,000,000

Intercontinental

Exchange,

Inc

1

.850

09/15/32

781,028‌

2,000,000

Intercontinental

Exchange,

Inc

4

.600

03/15/33

1,988,374‌

775,000

Intercontinental

Exchange,

Inc

2

.650

09/15/40

568,355‌

575,000

Intercontinental

Exchange,

Inc

4

.250

09/21/48

511,810‌

1,000,000

Intercontinental

Exchange,

Inc

3

.000

06/15/50

730,244‌

2,000,000

Intercontinental

Exchange,

Inc

4

.950

06/15/52

1,955,560‌

1,000,000

Intercontinental

Exchange,

Inc

3

.000

09/15/60

673,770‌

2,000,000

Intercontinental

Exchange,

Inc

5

.200

06/15/62

1,993,834‌

200,000

Invesco

Finance

plc

4

.000

01/30/24

199,978‌

800,000

Invesco

Finance

plc

3

.750

01/15/26

790,200‌

200,000

Invesco

Finance

plc

5

.375

11/30/43

197,153‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

28

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

2,000,000

J

Paul

Getty

Trust

0

.391

%

01/01/24

$

1,920,199‌

300,000

Janus

Capital

Group,

Inc

4

.875

08/01/25

301,852‌

1,000,000

Jefferies

Group

LLC

4

.850

01/15/27

1,000,343‌

600,000

Jefferies

Group

LLC

6

.450

06/08/27

641,505‌

1,000,000

Jefferies

Group

LLC

4

.150

01/23/30

898,344‌

1,000,000

Jefferies

Group

LLC

2

.625

10/15/31

771,762‌

1,000,000

Jefferies

Group

LLC

2

.750

10/15/32

759,283‌

5,000,000

Kreditanstalt

fuer

Wiederaufbau

1

.250

01/31/25

4,774,681‌

3,000,000

Kreditanstalt

fuer

Wiederaufbau

3

.000

05/20/27

2,981,851‌

150,000

Lazard

Group

LLC

3

.750

02/13/25

147,119‌

200,000

Lazard

Group

LLC

3

.625

03/01/27

188,393‌

325,000

Lazard

Group

LLC

4

.500

09/19/28

311,535‌

425,000

Lazard

Group

LLC

4

.375

03/11/29

405,593‌

400,000

Legg

Mason,

Inc

5

.625

01/15/44

410,554‌

1,000,000

Lloyds

Banking

Group

plc

3

.511

03/18/26

973,557‌

1,000,000

Lloyds

Banking

Group

plc

3

.750

03/18/28

951,677‌

1,250,000

Main

Street

Capital

Corp

3

.000

07/14/26

1,090,713‌

1,200,000

Moody's

Corp

3

.250

01/15/28

1,135,840‌

300,000

Moody's

Corp

4

.250

02/01/29

296,926‌

1,000,000

Moody's

Corp

2

.000

08/19/31

815,522‌

1,000,000

Moody's

Corp

2

.750

08/19/41

730,937‌

200,000

Moody's

Corp

5

.250

07/15/44

200,558‌

300,000

Moody's

Corp

4

.875

12/17/48

292,078‌

750,000

Moody's

Corp

3

.250

05/20/50

556,698‌

1,000,000

Moody's

Corp

3

.100

11/29/61

685,687‌

4,092,000

Morgan

Stanley

3

.700

10/23/24

4,083,210‌

2,000,000

Morgan

Stanley

3

.620

04/17/25

1,974,392‌

6,000,000

Morgan

Stanley

0

.790

05/30/25

5,585,497‌

1,025,000

Morgan

Stanley

2

.720

07/22/25

987,458‌

500,000

Morgan

Stanley

4

.000

07/23/25

499,578‌

950,000

Morgan

Stanley

5

.000

11/24/25

965,239‌

575,000

Morgan

Stanley

3

.875

01/27/26

566,291‌

4,000,000

Morgan

Stanley

2

.630

02/18/26

3,816,161‌

500,000

Morgan

Stanley

3

.125

07/27/26

476,973‌

400,000

Morgan

Stanley

4

.350

09/08/26

395,866‌

5,000,000

Morgan

Stanley

0

.985

12/10/26

4,429,653‌

2,750,000

Morgan

Stanley

3

.625

01/20/27

2,663,537‌

1,975,000

Morgan

Stanley

3

.950

04/23/27

1,912,463‌

4,975,000

Morgan

Stanley

1

.593

05/04/27

4,416,105‌

3,325,000

Morgan

Stanley

1

.512

07/20/27

2,916,125‌

2,000,000

Morgan

Stanley

4

.210

04/20/28

1,955,312‌

1,575,000

Morgan

Stanley

3

.591

07/22/28

1,491,015‌

4,850,000

Morgan

Stanley

3

.772

01/24/29

4,601,899‌

3,475,000

Morgan

Stanley

4

.431

01/23/30

3,376,393‌

5,000,000

Morgan

Stanley

2

.699

01/22/31

4,330,600‌

500,000

Morgan

Stanley

3

.622

04/01/31

459,272‌

5,000,000

Morgan

Stanley

1

.794

02/13/32

3,932,983‌

150,000

Morgan

Stanley

7

.250

04/01/32

175,786‌

2,500,000

Morgan

Stanley

1

.928

04/28/32

1,982,421‌

4,000,000

Morgan

Stanley

2

.239

07/21/32

3,240,410‌

3,500,000

Morgan

Stanley

2

.511

10/20/32

2,891,890‌

3,000,000

Morgan

Stanley

2

.943

01/21/33

2,571,160‌

1,300,000

Morgan

Stanley

2

.484

09/16/36

999,597‌

1,000,000

Morgan

Stanley

5

.297

04/20/37

968,399‌

725,000

Morgan

Stanley

3

.971

07/22/38

648,685‌

2,675,000

Morgan

Stanley

4

.457

04/22/39

2,491,713‌

1,525,000

Morgan

Stanley

3

.217

04/22/42

1,200,206‌

275,000

Morgan

Stanley

6

.375

07/24/42

314,996‌

175,000

Morgan

Stanley

4

.300

01/27/45

155,386‌

3,200,000

Morgan

Stanley

4

.375

01/22/47

2,903,745‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

29

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

900,000

Morgan

Stanley

5

.597

%

03/24/51

$

970,365‌

1,425,000

Morgan

Stanley

2

.802

01/25/52

989,329‌

400,000

NASDAQ,

Inc

3

.850

06/30/26

397,221‌

1,000,000

NASDAQ,

Inc

1

.650

01/15/31

782,765‌

1,000,000

NASDAQ,

Inc

2

.500

12/21/40

696,600‌

500,000

NASDAQ,

Inc

3

.250

04/28/50

363,740‌

500,000

NASDAQ,

Inc

3

.950

03/07/52

406,319‌

200,000

National

Rural

Utilities

Cooperative

Finance

Corp

2

.700

02/15/23

199,576‌

200,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.400

11/15/23

199,731‌

300,000

National

Rural

Utilities

Cooperative

Finance

Corp

2

.950

02/07/24

296,877‌

400,000

National

Rural

Utilities

Cooperative

Finance

Corp

2

.850

01/27/25

391,117‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.450

06/15/25

993,563‌

200,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.250

11/01/25

195,066‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

1

.000

06/15/26

897,891‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.400

02/07/28

956,141‌

200,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.900

11/01/28

194,556‌

300,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.700

03/15/29

287,562‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

2

.400

03/15/30

872,102‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

1

.350

03/15/31

779,348‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

1

.650

06/15/31

794,913‌

525,000

National

Rural

Utilities

Cooperative

Finance

Corp

2

.750

04/15/32

457,123‌

500,000

National

Rural

Utilities

Cooperative

Finance

Corp

4

.750

04/30/43

464,517‌

200,000

National

Rural

Utilities

Cooperative

Finance

Corp

5

.250

04/20/46

183,946‌

200,000

National

Rural

Utilities

Cooperative

Finance

Corp

4

.400

11/01/48

186,110‌

550,000

National

Rural

Utilities

Cooperative

Finance

Corp

4

.300

03/15/49

513,231‌

300,000

Navient

Solutions

LLC

0

.000

10/03/22

294,885‌

1,500,000

Nomura

Holdings,

Inc

2

.648

01/16/25

1,430,920‌

1,000,000

Nomura

Holdings,

Inc

1

.851

07/16/25

915,635‌

1,000,000

Nomura

Holdings,

Inc

1

.653

07/14/26

875,634‌

1,000,000

Nomura

Holdings,

Inc

2

.329

01/22/27

885,400‌

500,000

h

Nomura

Holdings,

Inc

5

.386

07/06/27

500,196‌

1,000,000

Nomura

Holdings,

Inc

2

.172

07/14/28

842,329‌

1,000,000

Nomura

Holdings,

Inc

2

.710

01/22/29

853,615‌

500,000

h

Nomura

Holdings,

Inc

5

.605

07/06/29

500,340‌

1,500,000

Nomura

Holdings,

Inc

3

.103

01/16/30

1,275,924‌

500,000

Nomura

Holdings,

Inc

2

.679

07/16/30

408,968‌

1,500,000

Nomura

Holdings,

Inc

2

.608

07/14/31

1,196,345‌

1,000,000

Nomura

Holdings,

Inc

2

.999

01/22/32

812,196‌

625,000

Northern

Trust

Corp

3

.950

10/30/25

627,548‌

500,000

Northern

Trust

Corp

3

.650

08/03/28

489,611‌

500,000

e

Northern

Trust

Corp

3

.150

05/03/29

471,317‌

700,000

Northern

Trust

Corp

1

.950

05/01/30

594,460‌

100,000

Northern

Trust

Corp

3

.375

05/08/32

94,144‌

1,500,000

Oaktree

Specialty

Lending

Corp

2

.700

01/15/27

1,299,011‌

1,350,000

Oesterreichische

Kontrollbank

AG.

3

.125

11/07/23

1,352,247‌

1,250,000

Oesterreichische

Kontrollbank

AG.

0

.500

09/16/24

1,181,533‌

1,500,000

Oesterreichische

Kontrollbank

AG.

1

.500

02/12/25

1,440,398‌

2,000,000

Oesterreichische

Kontrollbank

AG.

0

.375

09/17/25

1,831,740‌

2,500,000

Oesterreichische

Kontrollbank

AG.

0

.500

02/02/26

2,273,382‌

500,000

ORIX

Corp

4

.050

01/16/24

500,842‌

500,000

ORIX

Corp

3

.250

12/04/24

491,974‌

200,000

ORIX

Corp

3

.700

07/18/27

193,751‌

1,000,000

e

ORIX

Corp

2

.250

03/09/31

836,088‌

1,000,000

ORIX

Corp

4

.000

04/13/32

952,229‌

500,000

Owl

Rock

Capital

Corp

4

.000

03/30/25

470,400‌

500,000

Owl

Rock

Capital

Corp

3

.750

07/22/25

462,441‌

1,000,000

Owl

Rock

Capital

Corp

4

.250

01/15/26

919,852‌

750,000

Owl

Rock

Capital

Corp

3

.400

07/15/26

658,727‌

2,000,000

Owl

Rock

Capital

Corp

2

.875

06/11/28

1,570,511‌

200,000

PACCAR

Financial

Corp

3

.400

08/09/23

200,026‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

30

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

2,000,000

PACCAR

Financial

Corp

0

.350

%

08/11/23

$

1,935,540‌

300,000

PACCAR

Financial

Corp

2

.150

08/15/24

291,663‌

500,000

PACCAR

Financial

Corp

2

.850

04/07/25

490,054‌

1,000,000

PACCAR

Financial

Corp

1

.100

05/11/26

904,121‌

3,000,000

Private

Export

Funding

Corp

(PEFCO)

1

.400

07/15/28

2,675,441‌

1,000,000

Prospect

Capital

Corp

3

.364

11/15/26

849,901‌

1,000,000

Prospect

Capital

Corp

3

.437

10/15/28

766,196‌

425,000

Raymond

James

Financial,

Inc

4

.950

07/15/46

414,174‌

1,000,000

Raymond

James

Financial,

Inc

3

.750

04/01/51

813,109‌

1,000,000

Royal

Bank

of

Canada

3

.375

04/14/25

986,750‌

1,000,000

e

Royal

Bank

of

Canada

3

.625

05/04/27

969,289‌

500,000

Royal

Bank

of

Canada

3

.875

05/04/32

476,918‌

500,000

S&P

Global,

Inc

2

.500

12/01/29

441,854‌

500,000

e

S&P

Global,

Inc

1

.250

08/15/30

395,773‌

500,000

S&P

Global,

Inc

3

.250

12/01/49

390,479‌

500,000

S&P

Global,

Inc

2

.300

08/15/60

304,734‌

1,250,000

Shire

Acquisitions

Investments

Ireland

DAC

2

.875

09/23/23

1,236,011‌

1,400,000

Shire

Acquisitions

Investments

Ireland

DAC

3

.200

09/23/26

1,344,656‌

1,500,000

e

Sixth

Street

Specialty

Lending,

Inc

2

.500

08/01/26

1,309,781‌

300,000

State

Street

Corp

3

.776

12/03/24

299,423‌

750,000

State

Street

Corp

3

.300

12/16/24

744,737‌

375,000

State

Street

Corp

3

.550

08/18/25

372,669‌

1,000,000

State

Street

Corp

2

.354

11/01/25

961,735‌

500,000

State

Street

Corp

2

.901

03/30/26

483,927‌

650,000

State

Street

Corp

2

.650

05/19/26

621,640‌

1,000,000

State

Street

Corp

1

.684

11/18/27

897,886‌

300,000

State

Street

Corp

4

.141

12/03/29

293,416‌

750,000

State

Street

Corp

2

.400

01/24/30

654,146‌

1,375,000

State

Street

Corp

2

.200

03/03/31

1,124,426‌

500,000

State

Street

Corp

3

.031

11/01/34

442,417‌

100,000

Stifel

Financial

Corp

4

.250

07/18/24

100,066‌

500,000

Synchrony

Financial

4

.375

03/19/24

496,956‌

250,000

Synchrony

Financial

4

.250

08/15/24

248,448‌

600,000

Synchrony

Financial

4

.500

07/23/25

583,752‌

300,000

Synchrony

Financial

3

.700

08/04/26

277,767‌

900,000

Synchrony

Financial

3

.950

12/01/27

820,435‌

500,000

Synchrony

Financial

5

.150

03/19/29

467,781‌

2,000,000

Synchrony

Financial

2

.875

10/28/31

1,515,649‌

1,000,000

Toronto-Dominion

Bank

1

.950

01/12/27

904,591‌

1,000,000

Toronto-Dominion

Bank

2

.800

03/10/27

935,643‌

3,000,000

Toronto-Dominion

Bank

4

.108

06/08/27

2,966,597‌

1,000,000

e

Toronto-Dominion

Bank

2

.450

01/12/32

835,577‌

500,000

Toronto-Dominion

Bank

3

.200

03/10/32

446,260‌

800,000

Toronto-Dominion

Bank

4

.456

06/08/32

791,068‌

500,000

Toyota

Motor

Credit

Corp

3

.450

09/20/23

501,256‌

400,000

Toyota

Motor

Credit

Corp

3

.350

01/08/24

400,400‌

1,000,000

Toyota

Motor

Credit

Corp

2

.000

10/07/24

966,541‌

3,000,000

Toyota

Motor

Credit

Corp

1

.800

02/13/25

2,860,104‌

1,500,000

Toyota

Motor

Credit

Corp

3

.400

04/14/25

1,486,789‌

1,000,000

Toyota

Motor

Credit

Corp

0

.800

10/16/25

909,543‌

1,000,000

Toyota

Motor

Credit

Corp

0

.800

01/09/26

902,887‌

4,000,000

Toyota

Motor

Credit

Corp

1

.125

06/18/26

3,606,311‌

1,000,000

Toyota

Motor

Credit

Corp

1

.900

01/13/27

918,825‌

1,000,000

Toyota

Motor

Credit

Corp

3

.050

03/22/27

961,438‌

300,000

Toyota

Motor

Credit

Corp

3

.050

01/11/28

283,728‌

400,000

Toyota

Motor

Credit

Corp

3

.650

01/08/29

387,828‌

2,000,000

Toyota

Motor

Credit

Corp

4

.450

06/29/29

2,024,308‌

650,000

Toyota

Motor

Credit

Corp

2

.150

02/13/30

562,712‌

225,000

Toyota

Motor

Credit

Corp

3

.375

04/01/30

211,671‌

1,000,000

Toyota

Motor

Credit

Corp

1

.650

01/10/31

811,911‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

31

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,000,000

Toyota

Motor

Credit

Corp

1

.900

%

09/12/31

$

820,098‌

1,000,000

Toyota

Motor

Credit

Corp

2

.400

01/13/32

859,582‌

750,000

Unilever

Capital

Corp

0

.375

09/14/23

726,389‌

300,000

Unilever

Capital

Corp

3

.250

03/07/24

300,312‌

1,100,000

Unilever

Capital

Corp

2

.600

05/05/24

1,084,362‌

500,000

Unilever

Capital

Corp

3

.375

03/22/25

496,555‌

450,000

Unilever

Capital

Corp

3

.100

07/30/25

444,118‌

800,000

Unilever

Capital

Corp

2

.900

05/05/27

768,721‌

1,150,000

Unilever

Capital

Corp

3

.500

03/22/28

1,120,884‌

200,000

Unilever

Capital

Corp

1

.750

08/12/31

164,895‌

430,000

Unilever

Capital

Corp

5

.900

11/15/32

486,588‌

550,000

Voya

Financial,

Inc

3

.650

06/15/26

532,440‌

200,000

Voya

Financial,

Inc

5

.700

07/15/43

203,130‌

200,000

Voya

Financial,

Inc

4

.800

06/15/46

186,096‌

TOTAL

DIVERSIFIED

FINANCIALS

522,065,821‌

ENERGY

-

1

.6

%

875,000

Baker

Hughes

a

GE

Co

LLC

3

.337

12/15/27

826,150‌

1,000,000

Baker

Hughes

a

GE

Co

LLC

3

.138

11/07/29

903,167‌

500,000

Baker

Hughes

a

GE

Co

LLC

4

.486

05/01/30

492,817‌

800,000

Baker

Hughes

a

GE

Co

LLC

5

.125

09/15/40

783,933‌

875,000

Baker

Hughes

a

GE

Co

LLC

4

.080

12/15/47

739,720‌

1,000,000

Baker

Hughes

Holdings

LLC

2

.061

12/15/26

917,237‌

200,000

Boardwalk

Pipelines

LP

3

.375

02/01/23

199,374‌

475,000

Boardwalk

Pipelines

LP

5

.950

06/01/26

493,236‌

450,000

Boardwalk

Pipelines

LP

4

.450

07/15/27

435,380‌

500,000

Boardwalk

Pipelines

LP

4

.800

05/03/29

484,457‌

1,000,000

Boardwalk

Pipelines

LP

3

.400

02/15/31

852,628‌

800,000

BP

Capital

Markets

America,

Inc

3

.790

02/06/24

803,272‌

1,000,000

BP

Capital

Markets

America,

Inc

3

.194

04/06/25

987,214‌

700,000

BP

Capital

Markets

America,

Inc

3

.796

09/21/25

702,328‌

1,800,000

BP

Capital

Markets

America,

Inc

3

.410

02/11/26

1,767,253‌

150,000

BP

Capital

Markets

America,

Inc

3

.119

05/04/26

145,477‌

200,000

BP

Capital

Markets

America,

Inc

3

.017

01/16/27

190,546‌

500,000

BP

Capital

Markets

America,

Inc

3

.588

04/14/27

487,345‌

750,000

BP

Capital

Markets

America,

Inc

3

.937

09/21/28

733,422‌

1,300,000

BP

Capital

Markets

America,

Inc

4

.234

11/06/28

1,291,082‌

1,000,000

BP

Capital

Markets

America,

Inc

3

.633

04/06/30

946,066‌

1,000,000

BP

Capital

Markets

America,

Inc

1

.749

08/10/30

818,467‌

2,000,000

BP

Capital

Markets

America,

Inc

2

.721

01/12/32

1,721,580‌

1,000,000

BP

Capital

Markets

America,

Inc

3

.060

06/17/41

779,236‌

2,000,000

BP

Capital

Markets

America,

Inc

3

.000

02/24/50

1,451,935‌

950,000

BP

Capital

Markets

America,

Inc

2

.772

11/10/50

659,067‌

2,500,000

BP

Capital

Markets

America,

Inc

2

.939

06/04/51

1,787,499‌

1,000,000

BP

Capital

Markets

America,

Inc

3

.001

03/17/52

720,354‌

2,500,000

BP

Capital

Markets

America,

Inc

3

.379

02/08/61

1,846,949‌

925,000

BP

Capital

Markets

plc

3

.279

09/19/27

885,568‌

300,000

BP

Capital

Markets

plc

3

.723

11/28/28

290,675‌

600,000

Canadian

Natural

Resources

Ltd

3

.800

04/15/24

595,833‌

700,000

Canadian

Natural

Resources

Ltd

3

.900

02/01/25

692,564‌

750,000

Canadian

Natural

Resources

Ltd

2

.050

07/15/25

701,686‌

1,125,000

Canadian

Natural

Resources

Ltd

3

.850

06/01/27

1,078,136‌

750,000

Canadian

Natural

Resources

Ltd

2

.950

07/15/30

658,035‌

1,625,000

Canadian

Natural

Resources

Ltd

6

.250

03/15/38

1,718,162‌

800,000

Canadian

Natural

Resources

Ltd

4

.950

06/01/47

757,649‌

3,658,000

Cenovus

Energy,

Inc

5

.375

07/15/25

3,765,014‌

200,000

e

Cenovus

Energy,

Inc

2

.650

01/15/32

165,401‌

425,000

Cenovus

Energy,

Inc

3

.750

02/15/52

322,851‌

425,000

Chevron

Corp

2

.895

03/03/24

423,921‌

400,000

Chevron

Corp

3

.326

11/17/25

397,171‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

32

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

2,475,000

Chevron

Corp

2

.954

%

05/16/26

$

2,411,976‌

2,225,000

Chevron

Corp

1

.995

05/11/27

2,045,114‌

600,000

Chevron

Corp

2

.236

05/11/30

526,566‌

1,000,000

Chevron

Corp

3

.078

05/11/50

795,157‌

775,000

Columbia

Pipeline

Group,

Inc

4

.500

06/01/25

781,380‌

300,000

Columbia

Pipeline

Group,

Inc

5

.800

06/01/45

307,959‌

750,000

ConocoPhillips

5

.900

10/15/32

821,776‌

77,000

ConocoPhillips

Co

4

.150

11/15/34

71,362‌

1,700,000

g

ConocoPhillips

Co

3

.758

03/15/42

1,487,701‌

300,000

ConocoPhillips

Co

4

.300

11/15/44

274,551‌

850,000

ConocoPhillips

Co

3

.800

03/15/52

727,357‌

3,612,000

g

ConocoPhillips

Co

4

.025

03/15/62

3,058,854‌

750,000

ConocoPhillips

Holding

Co

6

.950

04/15/29

858,283‌

500,000

g

Coterra

Energy,

Inc

4

.375

06/01/24

499,759‌

525,000

g

Coterra

Energy,

Inc

3

.900

05/15/27

503,362‌

300,000

g

Coterra

Energy,

Inc

4

.375

03/15/29

294,258‌

2,000,000

Devon

Energy

Corp

4

.500

01/15/30

1,889,201‌

885,000

Devon

Energy

Corp

5

.600

07/15/41

879,080‌

700,000

Devon

Energy

Corp

4

.750

05/15/42

634,820‌

1,100,000

Devon

Energy

Corp

5

.000

06/15/45

1,020,072‌

425,000

Diamondback

Energy,

Inc

3

.250

12/01/26

414,646‌

1,000,000

Diamondback

Energy,

Inc

3

.500

12/01/29

915,964‌

650,000

Diamondback

Energy,

Inc

3

.125

03/24/31

566,119‌

1,000,000

Diamondback

Energy,

Inc

4

.400

03/24/51

851,518‌

450,000

Diamondback

Energy,

Inc

4

.250

03/15/52

373,210‌

750,000

g

Eastern

Gas

Transmission

&

Storage,

Inc

3

.000

11/15/29

675,874‌

200,000

g

Eastern

Gas

Transmission

&

Storage,

Inc

4

.800

11/01/43

187,023‌

200,000

g

Eastern

Gas

Transmission

&

Storage,

Inc

4

.600

12/15/44

183,300‌

300,000

El

Paso

Corp

7

.750

01/15/32

350,031‌

300,000

Enable

Midstream

Partners

LP

3

.900

05/15/24

297,670‌

200,000

Enable

Midstream

Partners

LP

4

.400

03/15/27

193,683‌

1,250,000

Enable

Midstream

Partners

LP

4

.950

05/15/28

1,221,836‌

500,000

Enable

Midstream

Partners

LP

4

.150

09/15/29

457,710‌

100,000

Enable

Midstream

Partners

LP

5

.000

05/15/44

83,491‌

1,200,000

Enbridge

Energy

Partners

LP

5

.875

10/15/25

1,250,021‌

300,000

Enbridge

Energy

Partners

LP

5

.500

09/15/40

298,257‌

200,000

Enbridge

Energy

Partners

LP

7

.375

10/15/45

238,235‌

300,000

Enbridge,

Inc

4

.000

10/01/23

301,175‌

250,000

Enbridge,

Inc

2

.500

01/15/25

240,551‌

1,500,000

Enbridge,

Inc

1

.600

10/04/26

1,335,274‌

100,000

Enbridge,

Inc

4

.250

12/01/26

98,965‌

100,000

Enbridge,

Inc

3

.700

07/15/27

95,769‌

500,000

Enbridge,

Inc

3

.125

11/15/29

451,978‌

1,500,000

Enbridge,

Inc

2

.500

08/01/33

1,212,239‌

300,000

Enbridge,

Inc

4

.500

06/10/44

262,706‌

925,000

Enbridge,

Inc

5

.500

12/01/46

951,431‌

1,000,000

Enbridge,

Inc

4

.000

11/15/49

834,894‌

2,000,000

Enbridge,

Inc

3

.400

08/01/51

1,503,260‌

200,000

Energy

Transfer

Operating

LP

4

.200

09/15/23

200,297‌

500,000

Energy

Transfer

Operating

LP

4

.900

02/01/24

502,893‌

2,775,000

Energy

Transfer

Operating

LP

4

.500

04/15/24

2,776,267‌

825,000

Energy

Transfer

Operating

LP

4

.050

03/15/25

812,572‌

400,000

Energy

Transfer

Operating

LP

2

.900

05/15/25

380,193‌

325,000

Energy

Transfer

Operating

LP

4

.750

01/15/26

323,783‌

250,000

Energy

Transfer

Operating

LP

4

.200

04/15/27

239,988‌

350,000

Energy

Transfer

Operating

LP

4

.950

06/15/28

344,885‌

2,600,000

Energy

Transfer

Operating

LP

5

.250

04/15/29

2,575,187‌

3,125,000

Energy

Transfer

Operating

LP

3

.750

05/15/30

2,816,308‌

400,000

Energy

Transfer

Operating

LP

4

.900

03/15/35

358,750‌

500,000

Energy

Transfer

Operating

LP

5

.800

06/15/38

468,339‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

33

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

140,000

Energy

Transfer

Operating

LP

7

.500

%

07/01/38

$

149,958‌

650,000

Energy

Transfer

Operating

LP

6

.500

02/01/42

647,832‌

200,000

Energy

Transfer

Operating

LP

5

.150

02/01/43

170,345‌

200,000

Energy

Transfer

Operating

LP

5

.950

10/01/43

186,346‌

550,000

Energy

Transfer

Operating

LP

5

.150

03/15/45

470,273‌

625,000

Energy

Transfer

Operating

LP

6

.125

12/15/45

596,111‌

500,000

Energy

Transfer

Operating

LP

5

.300

04/15/47

432,951‌

1,025,000

Energy

Transfer

Operating

LP

6

.000

06/15/48

962,894‌

2,750,000

Energy

Transfer

Operating

LP

6

.250

04/15/49

2,665,619‌

2,175,000

Energy

Transfer

Operating

LP

5

.000

05/15/50

1,850,804‌

950,000

Enterprise

Products

Operating

LLC

3

.900

02/15/24

948,822‌

225,000

Enterprise

Products

Operating

LLC

3

.750

02/15/25

222,306‌

450,000

Enterprise

Products

Operating

LLC

3

.700

02/15/26

442,253‌

3,065,000

Enterprise

Products

Operating

LLC

3

.950

02/15/27

3,015,909‌

725,000

Enterprise

Products

Operating

LLC

4

.150

10/16/28

708,277‌

450,000

Enterprise

Products

Operating

LLC

3

.125

07/31/29

404,971‌

2,250,000

Enterprise

Products

Operating

LLC

2

.800

01/31/30

1,969,821‌

480,000

Enterprise

Products

Operating

LLC

6

.125

10/15/39

507,297‌

175,000

Enterprise

Products

Operating

LLC

5

.950

02/01/41

182,735‌

525,000

Enterprise

Products

Operating

LLC

4

.850

08/15/42

481,402‌

325,000

Enterprise

Products

Operating

LLC

4

.450

02/15/43

283,097‌

1,775,000

Enterprise

Products

Operating

LLC

4

.850

03/15/44

1,617,071‌

775,000

Enterprise

Products

Operating

LLC

5

.100

02/15/45

728,948‌

500,000

Enterprise

Products

Operating

LLC

4

.900

05/15/46

456,923‌

675,000

Enterprise

Products

Operating

LLC

4

.250

02/15/48

567,796‌

2,475,000

Enterprise

Products

Operating

LLC

4

.800

02/01/49

2,238,053‌

950,000

Enterprise

Products

Operating

LLC

4

.200

01/31/50

792,184‌

775,000

Enterprise

Products

Operating

LLC

3

.700

01/31/51

605,608‌

1,000,000

Enterprise

Products

Operating

LLC

3

.200

02/15/52

718,100‌

425,000

Enterprise

Products

Operating

LLC

3

.300

02/15/53

309,140‌

200,000

Enterprise

Products

Operating

LLC

4

.950

10/15/54

182,421‌

1,625,000

Enterprise

Products

Operating

LLC

3

.950

01/31/60

1,286,275‌

200,000

Enterprise

Products

Operating

LLC

4

.875

08/16/77

159,483‌

700,000

Enterprise

Products

Operating

LLC

5

.250

08/16/77

581,547‌

400,000

Enterprise

Products

Operating

LLC

5

.375

02/15/78

315,742‌

475,000

EOG

Resources,

Inc

4

.150

01/15/26

478,624‌

500,000

EOG

Resources,

Inc

4

.375

04/15/30

501,979‌

200,000

EOG

Resources,

Inc

3

.900

04/01/35

184,580‌

200,000

EOG

Resources,

Inc

5

.100

01/15/36

197,820‌

500,000

EOG

Resources,

Inc

4

.950

04/15/50

516,455‌

3,000,000

EQT

Corp

6

.625

02/01/25

3,086,190‌

475,000

Equinor

ASA

2

.650

01/15/24

469,632‌

150,000

Equinor

ASA

3

.700

03/01/24

150,651‌

500,000

Equinor

ASA

3

.250

11/10/24

496,967‌

500,000

Equinor

ASA

2

.875

04/06/25

490,695‌

400,000

Equinor

ASA

1

.750

01/22/26

372,711‌

500,000

Equinor

ASA

3

.000

04/06/27

481,132‌

1,500,000

e

Equinor

ASA

3

.625

09/10/28

1,465,839‌

300,000

Equinor

ASA

3

.125

04/06/30

278,166‌

1,175,000

Equinor

ASA

2

.375

05/22/30

1,029,757‌

300,000

Equinor

ASA

3

.625

04/06/40

263,075‌

200,000

Equinor

ASA

5

.100

08/17/40

207,345‌

400,000

Equinor

ASA

4

.250

11/23/41

374,244‌

300,000

Equinor

ASA

3

.950

05/15/43

266,202‌

1,300,000

Equinor

ASA

4

.800

11/08/43

1,298,195‌

750,000

Equinor

ASA

3

.250

11/18/49

594,676‌

1,300,000

Equinor

ASA

3

.700

04/06/50

1,117,779‌

175,000

Exxon

Mobil

Corp

3

.176

03/15/24

174,997‌

3,000,000

Exxon

Mobil

Corp

2

.992

03/19/25

2,953,725‌

4,177,000

Exxon

Mobil

Corp

3

.043

03/01/26

4,096,780‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

34

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

1,000,000

Exxon

Mobil

Corp

2

.275

%

08/16/26

$

947,950‌

1,750,000

Exxon

Mobil

Corp

3

.294

03/19/27

1,723,569‌

1,000,000

Exxon

Mobil

Corp

2

.440

08/16/29

899,653‌

750,000

Exxon

Mobil

Corp

3

.482

03/19/30

719,291‌

750,000

Exxon

Mobil

Corp

2

.610

10/15/30

673,419‌

1,000,000

Exxon

Mobil

Corp

2

.995

08/16/39

816,392‌

1,750,000

Exxon

Mobil

Corp

4

.227

03/19/40

1,653,625‌

500,000

Exxon

Mobil

Corp

3

.567

03/06/45

421,739‌

1,225,000

Exxon

Mobil

Corp

4

.114

03/01/46

1,117,007‌

1,400,000

Exxon

Mobil

Corp

3

.095

08/16/49

1,093,185‌

2,100,000

Exxon

Mobil

Corp

4

.327

03/19/50

1,979,640‌

2,800,000

Exxon

Mobil

Corp

3

.452

04/15/51

2,287,512‌

75,000

Halliburton

Co

3

.800

11/15/25

74,254‌

1,000,000

e

Halliburton

Co

2

.920

03/01/30

883,111‌

500,000

Halliburton

Co

4

.850

11/15/35

480,775‌

125,000

Halliburton

Co

6

.700

09/15/38

137,320‌

125,000

Halliburton

Co

7

.450

09/15/39

145,718‌

750,000

Halliburton

Co

4

.750

08/01/43

666,548‌

2,825,000

Halliburton

Co

5

.000

11/15/45

2,590,542‌

1,000,000

Helmerich

&

Payne,

Inc

2

.900

09/29/31

856,970‌

200,000

Hess

Corp

3

.500

07/15/24

196,892‌

2,100,000

Hess

Corp

4

.300

04/01/27

2,047,055‌

200,000

Hess

Corp

6

.000

01/15/40

204,337‌

1,190,000

Hess

Corp

5

.600

02/15/41

1,159,408‌

900,000

Hess

Corp

5

.800

04/01/47

897,579‌

825,000

Husky

Energy,

Inc

4

.400

04/15/29

794,886‌

130,000

Husky

Energy,

Inc

6

.800

09/15/37

143,302‌

300,000

Kinder

Morgan

Energy

Partners

LP

4

.150

02/01/24

300,050‌

500,000

Kinder

Morgan

Energy

Partners

LP

4

.250

09/01/24

500,267‌

300,000

Kinder

Morgan

Energy

Partners

LP

6

.950

01/15/38

323,018‌

535,000

Kinder

Morgan

Energy

Partners

LP

6

.500

09/01/39

551,307‌

400,000

Kinder

Morgan

Energy

Partners

LP

4

.700

11/01/42

335,971‌

500,000

Kinder

Morgan

Energy

Partners

LP

5

.000

03/01/43

437,435‌

400,000

Kinder

Morgan

Energy

Partners

LP

5

.500

03/01/44

374,718‌

200,000

Kinder

Morgan

Energy

Partners

LP

5

.400

09/01/44

184,275‌

1,500,000

Kinder

Morgan,

Inc

1

.750

11/15/26

1,330,662‌

2,825,000

Kinder

Morgan,

Inc

4

.300

03/01/28

2,748,205‌

450,000

Kinder

Morgan,

Inc

2

.000

02/15/31

360,011‌

3,300,000

Kinder

Morgan,

Inc

5

.300

12/01/34

3,223,567‌

1,600,000

Kinder

Morgan,

Inc

5

.550

06/01/45

1,506,870‌

2,325,000

Kinder

Morgan,

Inc

5

.200

03/01/48

2,123,828‌

500,000

Kinder

Morgan,

Inc

3

.250

08/01/50

348,058‌

2,500,000

Kinder

Morgan,

Inc

3

.600

02/15/51

1,840,708‌

900,000

Magellan

Midstream

Partners

LP

5

.000

03/01/26

920,101‌

475,000

Magellan

Midstream

Partners

LP

3

.250

06/01/30

422,271‌

225,000

Magellan

Midstream

Partners

LP

4

.250

09/15/46

187,707‌

425,000

Magellan

Midstream

Partners

LP

4

.200

10/03/47

349,601‌

525,000

Magellan

Midstream

Partners

LP

4

.850

02/01/49

469,296‌

1,500,000

Magellan

Midstream

Partners

LP

3

.950

03/01/50

1,183,078‌

1,475,000

Marathon

Oil

Corp

4

.400

07/15/27

1,440,052‌

505,000

Marathon

Oil

Corp

6

.600

10/01/37

534,153‌

600,000

Marathon

Oil

Corp

5

.200

06/01/45

549,953‌

2,175,000

Marathon

Petroleum

Corp

3

.625

09/15/24

2,151,834‌

500,000

Marathon

Petroleum

Corp

4

.700

05/01/25

505,854‌

200,000

Marathon

Petroleum

Corp

3

.800

04/01/28

189,375‌

800,000

Marathon

Petroleum

Corp

6

.500

03/01/41

873,195‌

450,000

Marathon

Petroleum

Corp

4

.750

09/15/44

396,441‌

250,000

Marathon

Petroleum

Corp

5

.850

12/15/45

239,427‌

600,000

Marathon

Petroleum

Corp

4

.500

04/01/48

504,492‌

200,000

Marathon

Petroleum

Corp

5

.000

09/15/54

179,633‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

35

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

200,000

MPLX

LP

3

.500

%

12/01/22

$

199,901‌

175,000

MPLX

LP

3

.375

03/15/23

174,512‌

1,000,000

MPLX

LP

4

.875

12/01/24

1,006,820‌

2,500,000

MPLX

LP

4

.875

06/01/25

2,511,890‌

2,800,000

MPLX

LP

1

.750

03/01/26

2,520,952‌

100,000

MPLX

LP

4

.125

03/01/27

96,682‌

150,000

MPLX

LP

4

.250

12/01/27

144,746‌

475,000

MPLX

LP

4

.000

03/15/28

451,216‌

1,200,000

MPLX

LP

4

.800

02/15/29

1,179,988‌

1,125,000

MPLX

LP

2

.650

08/15/30

939,079‌

975,000

MPLX

LP

4

.500

04/15/38

854,851‌

375,000

MPLX

LP

5

.200

03/01/47

339,943‌

700,000

MPLX

LP

5

.200

12/01/47

628,825‌

825,000

MPLX

LP

4

.700

04/15/48

693,521‌

850,000

MPLX

LP

5

.500

02/15/49

788,396‌

1,600,000

MPLX

LP

4

.900

04/15/58

1,320,335‌

500,000

National

Oilwell

Varco,

Inc

3

.600

12/01/29

449,021‌

800,000

National

Oilwell

Varco,

Inc

3

.950

12/01/42

586,792‌

175,000

ONEOK,

Inc

2

.750

09/01/24

169,215‌

100,000

ONEOK,

Inc

5

.850

01/15/26

103,655‌

1,300,000

ONEOK,

Inc

4

.000

07/13/27

1,251,915‌

725,000

ONEOK,

Inc

4

.550

07/15/28

700,929‌

325,000

ONEOK,

Inc

4

.350

03/15/29

305,676‌

500,000

ONEOK,

Inc

3

.400

09/01/29

441,404‌

500,000

ONEOK,

Inc

3

.100

03/15/30

429,862‌

175,000

ONEOK,

Inc

6

.350

01/15/31

182,805‌

675,000

ONEOK,

Inc

4

.950

07/13/47

575,495‌

1,350,000

ONEOK,

Inc

5

.200

07/15/48

1,196,922‌

1,000,000

ONEOK,

Inc

4

.450

09/01/49

796,435‌

500,000

ONEOK,

Inc

4

.500

03/15/50

400,464‌

300,000

ONEOK,

Inc

7

.150

01/15/51

317,892‌

15,000

Petroleos

Mexicanos

1

.700

12/20/22

14,916‌

15,000

Petroleos

Mexicanos

2

.000

12/20/22

14,936‌

675,000

Phillips

66

0

.900

02/15/24

642,757‌

1,000,000

Phillips

66

3

.850

04/09/25

993,814‌

925,000

Phillips

66

1

.300

02/15/26

831,943‌

1,000,000

Phillips

66

3

.900

03/15/28

971,353‌

738,000

Phillips

66

4

.650

11/15/34

716,261‌

125,000

Phillips

66

5

.875

05/01/42

135,832‌

2,375,000

Phillips

66

4

.875

11/15/44

2,303,409‌

825,000

Phillips

66

3

.300

03/15/52

614,041‌

500,000

g

Phillips

66

Co

2

.450

12/15/24

479,344‌

100,000

g

Phillips

66

Co

3

.550

10/01/26

97,117‌

675,000

g

Phillips

66

Co

3

.750

03/01/28

641,620‌

500,000

g

Phillips

66

Co

3

.150

12/15/29

449,073‌

425,000

g

Phillips

66

Co

4

.680

02/15/45

392,694‌

350,000

g

Phillips

66

Co

4

.900

10/01/46

331,663‌

2,000,000

Pioneer

Natural

Resources

Co

1

.125

01/15/26

1,787,011‌

1,500,000

Pioneer

Natural

Resources

Co

1

.900

08/15/30

1,225,081‌

750,000

Pioneer

Natural

Resources

Co

2

.150

01/15/31

617,497‌

200,000

Plains

All

American

Pipeline

LP

2

.850

01/31/23

199,077‌

400,000

Plains

All

American

Pipeline

LP

3

.850

10/15/23

397,692‌

575,000

Plains

All

American

Pipeline

LP

3

.600

11/01/24

562,395‌

1,025,000

Plains

All

American

Pipeline

LP

4

.650

10/15/25

1,014,862‌

2,075,000

Plains

All

American

Pipeline

LP

4

.500

12/15/26

2,039,239‌

1,450,000

Plains

All

American

Pipeline

LP

3

.550

12/15/29

1,277,536‌

1,000,000

Plains

All

American

Pipeline

LP

3

.800

09/15/30

883,924‌

100,000

Plains

All

American

Pipeline

LP

6

.650

01/15/37

99,793‌

250,000

Plains

All

American

Pipeline

LP

5

.150

06/01/42

209,822‌

300,000

Plains

All

American

Pipeline

LP

4

.700

06/15/44

237,347‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

36

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

300,000

Plains

All

American

Pipeline

LP

4

.900

%

02/15/45

$

241,263‌

690,000

Sabine

Pass

Liquefaction

LLC

5

.750

05/15/24

703,689‌

1,775,000

Sabine

Pass

Liquefaction

LLC

5

.625

03/01/25

1,810,330‌

275,000

Sabine

Pass

Liquefaction

LLC

5

.875

06/30/26

284,138‌

2,675,000

Sabine

Pass

Liquefaction

LLC

5

.000

03/15/27

2,681,473‌

550,000

Sabine

Pass

Liquefaction

LLC

4

.200

03/15/28

528,967‌

1,500,000

Sabine

Pass

Liquefaction

LLC

4

.500

05/15/30

1,437,477‌

1,000,000

Schlumberger

Investment

S.A.

3

.650

12/01/23

1,003,364‌

1,500,000

Schlumberger

Investment

S.A.

2

.650

06/26/30

1,320,356‌

5,075,000

Shell

International

Finance

BV

3

.250

05/11/25

5,012,727‌

2,075,000

Shell

International

Finance

BV

2

.875

05/10/26

2,003,188‌

925,000

Shell

International

Finance

BV

2

.500

09/12/26

878,804‌

1,225,000

Shell

International

Finance

BV

3

.875

11/13/28

1,208,445‌

3,000,000

Shell

International

Finance

BV

2

.375

11/07/29

2,648,295‌

1,000,000

Shell

International

Finance

BV

2

.750

04/06/30

902,471‌

500,000

Shell

International

Finance

BV

4

.125

05/11/35

476,094‌

350,000

Shell

International

Finance

BV

6

.375

12/15/38

406,275‌

100,000

Shell

International

Finance

BV

5

.500

03/25/40

107,224‌

1,500,000

Shell

International

Finance

BV

2

.875

11/26/41

1,160,907‌

1,200,000

Shell

International

Finance

BV

4

.550

08/12/43

1,138,317‌

2,025,000

Shell

International

Finance

BV

4

.375

05/11/45

1,882,692‌

650,000

Shell

International

Finance

BV

4

.000

05/10/46

578,806‌

3,180,000

Shell

International

Finance

BV

3

.750

09/12/46

2,715,434‌

1,500,000

Shell

International

Finance

BV

3

.125

11/07/49

1,150,459‌

1,500,000

Shell

International

Finance

BV

3

.250

04/06/50

1,181,898‌

1,000,000

Shell

International

Finance

BV

3

.000

11/26/51

748,568‌

200,000

Spectra

Energy

Partners

LP

4

.750

03/15/24

201,580‌

400,000

Spectra

Energy

Partners

LP

3

.500

03/15/25

391,634‌

1,100,000

Spectra

Energy

Partners

LP

3

.375

10/15/26

1,046,214‌

200,000

Spectra

Energy

Partners

LP

5

.950

09/25/43

208,444‌

600,000

Spectra

Energy

Partners

LP

4

.500

03/15/45

522,068‌

250,000

Suncor

Energy,

Inc

6

.800

05/15/38

280,591‌

1,625,000

Suncor

Energy,

Inc

6

.500

06/15/38

1,796,572‌

1,550,000

Suncor

Energy,

Inc

4

.000

11/15/47

1,323,886‌

1,000,000

Suncor

Energy,

Inc

3

.750

03/04/51

805,456‌

300,000

Sunoco

Logistics

Partners

Operations

LP

4

.250

04/01/24

299,995‌

200,000

Sunoco

Logistics

Partners

Operations

LP

5

.950

12/01/25

207,000‌

400,000

Sunoco

Logistics

Partners

Operations

LP

3

.900

07/15/26

384,351‌

100,000

Sunoco

Logistics

Partners

Operations

LP

6

.100

02/15/42

92,996‌

300,000

Sunoco

Logistics

Partners

Operations

LP

5

.300

04/01/44

260,227‌

200,000

Sunoco

Logistics

Partners

Operations

LP

5

.350

05/15/45

174,147‌

1,225,000

Sunoco

Logistics

Partners

Operations

LP

5

.400

10/01/47

1,074,783‌

2,000,000

h

Targa

Resources

Corp

5

.200

07/01/27

2,008,650‌

350,000

Targa

Resources

Corp

4

.200

02/01/33

317,046‌

575,000

Targa

Resources

Corp

4

.950

04/15/52

492,746‌

1,250,000

h

Targa

Resources

Corp

6

.250

07/01/52

1,253,942‌

1,000,000

Targa

Resources

Partners

LP

6

.875

01/15/29

1,020,500‌

1,000,000

Targa

Resources

Partners

LP

5

.500

03/01/30

954,180‌

300,000

Total

Capital

Canada

Ltd

2

.750

07/15/23

297,809‌

750,000

Total

Capital

International

S.A.

3

.700

01/15/24

752,199‌

450,000

Total

Capital

International

S.A.

3

.750

04/10/24

451,253‌

500,000

Total

Capital

International

S.A.

2

.434

01/10/25

486,167‌

900,000

Total

Capital

International

S.A.

3

.455

02/19/29

856,695‌

1,300,000

Total

Capital

International

S.A.

2

.829

01/10/30

1,177,830‌

775,000

Total

Capital

International

S.A.

2

.986

06/29/41

610,539‌

500,000

Total

Capital

International

S.A.

3

.461

07/12/49

404,157‌

1,500,000

Total

Capital

International

S.A.

3

.127

05/29/50

1,146,600‌

1,000,000

Total

Capital

International

S.A.

3

.386

06/29/60

762,333‌

1,125,000

Total

Capital

S.A.

3

.883

10/11/28

1,107,057‌

1,225,000

TransCanada

PipeLines

Ltd

4

.875

01/15/26

1,243,673‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

37

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

4,000,000

TransCanada

PipeLines

Ltd

4

.100

%

04/15/30

$

3,820,544‌

1,000,000

TransCanada

PipeLines

Ltd

2

.500

10/12/31

831,264‌

1,925,000

TransCanada

PipeLines

Ltd

4

.625

03/01/34

1,847,083‌

100,000

TransCanada

PipeLines

Ltd

6

.200

10/15/37

108,671‌

500,000

TransCanada

PipeLines

Ltd

4

.750

05/15/38

472,639‌

200,000

TransCanada

PipeLines

Ltd

7

.625

01/15/39

245,914‌

125,000

TransCanada

PipeLines

Ltd

6

.100

06/01/40

134,801‌

1,200,000

TransCanada

PipeLines

Ltd

5

.000

10/16/43

1,148,555‌

750,000

TransCanada

PipeLines

Ltd

4

.875

05/15/48

719,112‌

1,425,000

TransCanada

PipeLines

Ltd

5

.100

03/15/49

1,407,129‌

700,000

Transcontinental

Gas

Pipe

Line

Co

LLC

7

.850

02/01/26

773,012‌

1,200,000

Transcontinental

Gas

Pipe

Line

Co

LLC

4

.000

03/15/28

1,162,642‌

500,000

Transcontinental

Gas

Pipe

Line

Co

LLC

3

.250

05/15/30

449,020‌

850,000

Transcontinental

Gas

Pipe

Line

Co

LLC

4

.600

03/15/48

770,397‌

500,000

Transcontinental

Gas

Pipe

Line

Co

LLC

3

.950

05/15/50

415,021‌

1,000,000

Vale

Overseas

Ltd

3

.750

07/08/30

876,510‌

1,164,000

Vale

Overseas

Ltd

6

.875

11/21/36

1,249,554‌

306,000

Valero

Energy

Corp

2

.850

04/15/25

295,722‌

750,000

Valero

Energy

Corp

2

.150

09/15/27

667,545‌

500,000

Valero

Energy

Corp

4

.350

06/01/28

486,209‌

2,075,000

Valero

Energy

Corp

4

.000

04/01/29

1,962,932‌

1,500,000

Valero

Energy

Corp

2

.800

12/01/31

1,258,637‌

455,000

Valero

Energy

Corp

7

.500

04/15/32

523,306‌

850,000

Valero

Energy

Corp

6

.625

06/15/37

923,498‌

300,000

Valero

Energy

Corp

4

.900

03/15/45

273,404‌

1,500,000

Valero

Energy

Corp

3

.650

12/01/51

1,121,715‌

1,000,000

Valero

Energy

Corp

4

.000

06/01/52

797,693‌

300,000

Valero

Energy

Partners

LP

4

.500

03/15/28

295,672‌

3,500,000

Williams

Cos,

Inc

2

.600

03/15/31

2,929,345‌

1,500,000

Williams

Cos,

Inc

3

.500

10/15/51

1,115,802‌

300,000

Williams

Partners

LP

4

.500

11/15/23

302,084‌

150,000

Williams

Partners

LP

3

.900

01/15/25

148,183‌

925,000

Williams

Partners

LP

4

.000

09/15/25

910,559‌

1,300,000

Williams

Partners

LP

3

.750

06/15/27

1,241,370‌

300,000

Williams

Partners

LP

6

.300

04/15/40

317,442‌

300,000

Williams

Partners

LP

5

.800

11/15/43

299,333‌

300,000

Williams

Partners

LP

5

.400

03/04/44

285,758‌

1,000,000

Williams

Partners

LP

4

.900

01/15/45

897,402‌

225,000

Williams

Partners

LP

5

.100

09/15/45

209,583‌

1,700,000

Williams

Partners

LP

4

.850

03/01/48

1,537,676‌

TOTAL

ENERGY

323,359,266‌

FOOD

&

STAPLES

RETAILING

-

0

.2

%

400,000

Costco

Wholesale

Corp

2

.750

05/18/24

397,267‌

625,000

Costco

Wholesale

Corp

3

.000

05/18/27

606,262‌

475,000

Costco

Wholesale

Corp

1

.375

06/20/27

426,131‌

725,000

Costco

Wholesale

Corp

1

.600

04/20/30

611,536‌

1,800,000

e

Costco

Wholesale

Corp

1

.750

04/20/32

1,480,702‌

69,000

Delhaize

Group

S.A.

5

.700

10/01/40

72,090‌

200,000

Kroger

Co

3

.850

08/01/23

200,764‌

300,000

Kroger

Co

4

.000

02/01/24

301,031‌

100,000

Kroger

Co

3

.500

02/01/26

98,899‌

1,275,000

Kroger

Co

2

.650

10/15/26

1,192,682‌

175,000

Kroger

Co

3

.700

08/01/27

169,653‌

1,150,000

Kroger

Co

4

.500

01/15/29

1,144,531‌

250,000

Kroger

Co

2

.200

05/01/30

210,987‌

1,500,000

e

Kroger

Co

1

.700

01/15/31

1,195,995‌

100,000

Kroger

Co

6

.900

04/15/38

116,360‌

250,000

Kroger

Co

5

.000

04/15/42

241,671‌

300,000

Kroger

Co

5

.150

08/01/43

293,878‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

38

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD

&

STAPLES

RETAILING—continued

$

300,000

Kroger

Co

3

.875

%

10/15/46

$

249,187‌

900,000

Kroger

Co

4

.450

02/01/47

812,756‌

700,000

Kroger

Co

4

.650

01/15/48

651,869‌

300,000

Kroger

Co

5

.400

01/15/49

313,910‌

500,000

Kroger

Co

3

.950

01/15/50

421,819‌

125,000

SYSCO

Corp

3

.750

10/01/25

123,975‌

350,000

SYSCO

Corp

3

.300

07/15/26

338,492‌

1,000,000

SYSCO

Corp

2

.400

02/15/30

852,805‌

332,000

SYSCO

Corp

5

.950

04/01/30

353,965‌

400,000

SYSCO

Corp

2

.450

12/14/31

332,124‌

300,000

SYSCO

Corp

4

.850

10/01/45

276,887‌

500,000

SYSCO

Corp

4

.500

04/01/46

444,821‌

250,000

SYSCO

Corp

4

.450

03/15/48

219,455‌

550,000

SYSCO

Corp

3

.300

02/15/50

410,111‌

905,000

SYSCO

Corp

6

.600

04/01/50

1,043,619‌

675,000

SYSCO

Corp

3

.150

12/14/51

482,681‌

622,000

Walgreens

Boots

Alliance,

Inc

3

.450

06/01/26

604,853‌

750,000

Walgreens

Boots

Alliance,

Inc

3

.200

04/15/30

662,073‌

1,400,000

Walgreens

Boots

Alliance,

Inc

4

.500

11/18/34

1,283,300‌

525,000

Walgreens

Boots

Alliance,

Inc

4

.650

06/01/46

465,927‌

750,000

e

Walgreens

Boots

Alliance,

Inc

4

.100

04/15/50

591,578‌

1,475,000

Walmart,

Inc

2

.550

04/11/23

1,474,955‌

1,100,000

Walmart,

Inc

3

.400

06/26/23

1,103,214‌

1,250,000

Walmart,

Inc

3

.300

04/22/24

1,252,402‌

500,000

Walmart,

Inc

1

.050

09/17/26

454,665‌

1,000,000

Walmart,

Inc

1

.500

09/22/28

877,009‌

21,000

Walmart,

Inc

2

.375

09/24/29

19,074‌

1,750,000

Walmart,

Inc

1

.800

09/22/31

1,485,758‌

825,000

Walmart,

Inc

2

.500

09/22/41

641,071‌

1,500,000

Walmart,

Inc

2

.650

09/22/51

1,127,652‌

TOTAL

FOOD

&

STAPLES

RETAILING

28,132,446‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.9

%

1,300,000

Altria

Group,

Inc

2

.350

05/06/25

1,227,462‌

727,000

Altria

Group,

Inc

4

.400

02/14/26

714,135‌

700,000

e

Altria

Group,

Inc

2

.625

09/16/26

644,362‌

800,000

Altria

Group,

Inc

3

.400

05/06/30

678,611‌

1,175,000

Altria

Group,

Inc

2

.450

02/04/32

884,926‌

800,000

Altria

Group,

Inc

5

.800

02/14/39

727,024‌

1,500,000

Altria

Group,

Inc

3

.400

02/04/41

992,912‌

925,000

Altria

Group,

Inc

4

.250

08/09/42

690,633‌

300,000

Altria

Group,

Inc

4

.500

05/02/43

225,090‌

775,000

Altria

Group,

Inc

5

.375

01/31/44

658,847‌

900,000

Altria

Group,

Inc

3

.875

09/16/46

605,445‌

1,875,000

Altria

Group,

Inc

5

.950

02/14/49

1,642,985‌

1,000,000

Altria

Group,

Inc

4

.450

05/06/50

720,052‌

1,000,000

Altria

Group,

Inc

3

.700

02/04/51

639,151‌

1,000,000

Altria

Group,

Inc

4

.000

02/04/61

651,579‌

1,125,000

Anheuser-Busch

InBev

Finance,

Inc

4

.625

02/01/44

1,008,694‌

625,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.900

01/23/31

640,725‌

1,700,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.375

04/15/38

1,559,132‌

100,000

Anheuser-Busch

InBev

Worldwide,

Inc

8

.200

01/15/39

129,102‌

2,675,000

Anheuser-Busch

InBev

Worldwide,

Inc

5

.450

01/23/39

2,719,666‌

500,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.350

06/01/40

447,421‌

150,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.950

01/15/42

142,778‌

425,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.600

04/15/48

381,562‌

1,764,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.439

10/06/48

1,547,134‌

2,025,000

Anheuser-Busch

InBev

Worldwide,

Inc

5

.550

01/23/49

2,068,174‌

5,441,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.500

06/01/50

4,891,328‌

1,725,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.750

04/15/58

1,543,723‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

39

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

2,150,000

Anheuser-Busch

InBev

Worldwide,

Inc

5

.800

%

01/23/59

$

2,236,183‌

500,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.600

06/01/60

437,058‌

3,075,000

Archer-Daniels-Midland

Co

2

.500

08/11/26

2,943,384‌

1,500,000

Archer-Daniels-Midland

Co

3

.250

03/27/30

1,410,742‌

500,000

Archer-Daniels-Midland

Co

2

.900

03/01/32

450,987‌

800,000

Archer-Daniels-Midland

Co

4

.500

03/15/49

802,956‌

1,000,000

Archer-Daniels-Midland

Co

2

.700

09/15/51

729,656‌

3,950,000

BAT

Capital

Corp

3

.222

08/15/24

3,839,423‌

500,000

BAT

Capital

Corp

2

.789

09/06/24

483,761‌

3,525,000

BAT

Capital

Corp

3

.557

08/15/27

3,224,806‌

400,000

BAT

Capital

Corp

2

.259

03/25/28

335,095‌

275,000

BAT

Capital

Corp

4

.906

04/02/30

255,414‌

650,000

BAT

Capital

Corp

2

.726

03/25/31

514,802‌

1,400,000

BAT

Capital

Corp

4

.390

08/15/37

1,110,607‌

475,000

BAT

Capital

Corp

3

.734

09/25/40

333,065‌

2,625,000

BAT

Capital

Corp

4

.540

08/15/47

1,924,666‌

900,000

BAT

Capital

Corp

4

.758

09/06/49

678,587‌

500,000

BAT

Capital

Corp

5

.282

04/02/50

407,895‌

1,000,000

BAT

Capital

Corp

3

.984

09/25/50

688,951‌

5,000,000

BAT

International

Finance

plc

1

.668

03/25/26

4,424,412‌

500,000

BAT

International

Finance

plc

4

.448

03/16/28

473,329‌

200,000

Brown-Forman

Corp

3

.500

04/15/25

199,628‌

200,000

Brown-Forman

Corp

4

.000

04/15/38

179,848‌

200,000

Brown-Forman

Corp

4

.500

07/15/45

184,624‌

500,000

Bunge

Ltd

1

.630

08/17/25

460,605‌

125,000

Bunge

Ltd

3

.250

08/15/26

118,636‌

500,000

Bunge

Ltd

3

.750

09/25/27

481,065‌

1,500,000

Bunge

Ltd

2

.750

05/14/31

1,238,069‌

215,000

Campbell

Soup

Co

3

.650

03/15/23

215,420‌

500,000

Campbell

Soup

Co

3

.950

03/15/25

498,736‌

725,000

Campbell

Soup

Co

4

.150

03/15/28

711,956‌

500,000

Campbell

Soup

Co

2

.375

04/24/30

421,949‌

800,000

Campbell

Soup

Co

4

.800

03/15/48

743,591‌

500,000

Campbell

Soup

Co

3

.125

04/24/50

353,186‌

300,000

Coca-Cola

Bottling

Co

Consolidated

3

.800

11/25/25

296,520‌

1,000,000

e

Coca-Cola

Co

1

.450

06/01/27

904,981‌

1,000,000

Coca-Cola

Co

1

.500

03/05/28

889,141‌

2,000,000

e

Coca-Cola

Co

1

.000

03/15/28

1,726,930‌

600,000

Coca-Cola

Co

2

.125

09/06/29

535,594‌

300,000

Coca-Cola

Co

3

.450

03/25/30

291,809‌

800,000

Coca-Cola

Co

1

.650

06/01/30

678,381‌

1,500,000

Coca-Cola

Co

2

.000

03/05/31

1,293,381‌

2,000,000

Coca-Cola

Co

1

.375

03/15/31

1,627,996‌

2,000,000

Coca-Cola

Co

2

.250

01/05/32

1,742,070‌

725,000

Coca-Cola

Co

2

.500

06/01/40

567,223‌

1,000,000

Coca-Cola

Co

2

.875

05/05/41

819,066‌

1,500,000

Coca-Cola

Co

2

.600

06/01/50

1,117,002‌

1,500,000

Coca-Cola

Co

3

.000

03/05/51

1,211,197‌

1,000,000

Coca-Cola

Co

2

.750

06/01/60

707,219‌

1,500,000

Coca-Cola

Femsa

SAB

de

C.V.

2

.750

01/22/30

1,340,040‌

200,000

Coca-Cola

Femsa

SAB

de

C.V.

5

.250

11/26/43

201,616‌

475,000

ConAgra

Brands,

Inc

0

.500

08/11/23

457,846‌

1,000,000

ConAgra

Brands,

Inc

4

.300

05/01/24

1,003,828‌

450,000

ConAgra

Brands,

Inc

4

.600

11/01/25

451,661‌

500,000

ConAgra

Brands,

Inc

1

.375

11/01/27

417,343‌

100,000

ConAgra

Brands,

Inc

7

.000

10/01/28

108,014‌

1,575,000

ConAgra

Brands,

Inc

4

.850

11/01/28

1,553,365‌

750,000

ConAgra

Brands,

Inc

5

.300

11/01/38

707,122‌

750,000

ConAgra

Brands,

Inc

5

.400

11/01/48

708,293‌

100,000

Constellation

Brands,

Inc

4

.400

11/15/25

100,459‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

40

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

750,000

Constellation

Brands,

Inc

3

.700

%

12/06/26

$

730,154‌

300,000

Constellation

Brands,

Inc

3

.500

05/09/27

287,991‌

1,000,000

Constellation

Brands,

Inc

4

.350

05/09/27

991,513‌

700,000

Constellation

Brands,

Inc

3

.600

02/15/28

664,104‌

300,000

Constellation

Brands,

Inc

4

.650

11/15/28

298,001‌

1,000,000

Constellation

Brands,

Inc

3

.150

08/01/29

900,062‌

100,000

Constellation

Brands,

Inc

2

.875

05/01/30

86,990‌

425,000

Constellation

Brands,

Inc

2

.250

08/01/31

344,673‌

1,000,000

Constellation

Brands,

Inc

4

.750

05/09/32

993,738‌

300,000

Constellation

Brands,

Inc

4

.100

02/15/48

255,601‌

300,000

Constellation

Brands,

Inc

5

.250

11/15/48

294,500‌

1,250,000

Constellation

Brands,

Inc

3

.750

05/01/50

998,452‌

750,000

Diageo

Capital

plc

2

.125

10/24/24

723,467‌

500,000

Diageo

Capital

plc

1

.375

09/29/25

466,511‌

425,000

Diageo

Capital

plc

3

.875

05/18/28

422,488‌

1,033,000

Diageo

Capital

plc

2

.000

04/29/30

881,227‌

1,900,000

Diageo

Capital

plc

2

.125

04/29/32

1,584,611‌

200,000

Diageo

Capital

plc

5

.875

09/30/36

224,276‌

400,000

Diageo

Capital

plc

3

.875

04/29/43

354,364‌

100,000

Flowers

Foods,

Inc

3

.500

10/01/26

95,856‌

400,000

Flowers

Foods,

Inc

2

.400

03/15/31

329,918‌

200,000

Fomento

Economico

Mexicano

SAB

de

C.V.

2

.875

05/10/23

197,334‌

300,000

Fomento

Economico

Mexicano

SAB

de

C.V.

4

.375

05/10/43

267,728‌

2,500,000

Fomento

Economico

Mexicano

SAB

de

C.V.

3

.500

01/16/50

1,950,350‌

500,000

General

Mills,

Inc

3

.650

02/15/24

501,730‌

150,000

General

Mills,

Inc

4

.000

04/17/25

149,882‌

800,000

General

Mills,

Inc

3

.200

02/10/27

768,904‌

2,300,000

General

Mills,

Inc

4

.200

04/17/28

2,281,912‌

100,000

General

Mills,

Inc

2

.875

04/15/30

88,581‌

1,000,000

e

General

Mills,

Inc

2

.250

10/14/31

819,895‌

951,000

e

General

Mills,

Inc

3

.000

02/01/51

690,991‌

300,000

Hershey

Co

2

.050

11/15/24

291,354‌

500,000

Hershey

Co

0

.900

06/01/25

462,984‌

300,000

Hershey

Co

2

.450

11/15/29

268,671‌

500,000

Hershey

Co

1

.700

06/01/30

421,694‌

300,000

Hershey

Co

3

.375

08/15/46

251,645‌

300,000

Hershey

Co

3

.125

11/15/49

237,796‌

100,000

Hershey

Co

2

.650

06/01/50

73,049‌

1,500,000

e

Hormel

Foods

Corp

1

.700

06/03/28

1,324,974‌

1,500,000

Hormel

Foods

Corp

1

.800

06/11/30

1,257,656‌

500,000

e

Hormel

Foods

Corp

3

.050

06/03/51

385,009‌

300,000

Ingredion,

Inc

3

.200

10/01/26

286,585‌

750,000

Ingredion,

Inc

3

.900

06/01/50

602,163‌

425,000

J

M

Smucker

Co

2

.125

03/15/32

343,699‌

550,000

J

M

Smucker

Co

2

.750

09/15/41

384,807‌

1,475,000

JM

Smucker

Co

3

.500

03/15/25

1,457,648‌

200,000

JM

Smucker

Co

3

.375

12/15/27

191,153‌

150,000

JM

Smucker

Co

2

.375

03/15/30

127,235‌

300,000

JM

Smucker

Co

4

.250

03/15/35

277,222‌

300,000

JM

Smucker

Co

4

.375

03/15/45

263,361‌

400,000

JM

Smucker

Co

3

.550

03/15/50

301,157‌

1,800,000

Kellogg

Co

3

.250

04/01/26

1,750,932‌

200,000

Kellogg

Co

3

.400

11/15/27

191,180‌

800,000

Kellogg

Co

4

.300

05/15/28

800,187‌

275,000

Kellogg

Co

2

.100

06/01/30

228,797‌

150,000

Kellogg

Co

4

.500

04/01/46

137,686‌

66,000

Keurig

Dr

Pepper,

Inc

4

.417

05/25/25

66,517‌

200,000

Keurig

Dr

Pepper,

Inc

3

.400

11/15/25

195,207‌

200,000

Keurig

Dr

Pepper,

Inc

2

.550

09/15/26

186,178‌

1,000,000

Keurig

Dr

Pepper,

Inc

3

.950

04/15/29

953,987‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

41

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

750,000

Keurig

Dr

Pepper,

Inc

3

.200

%

05/01/30

$

670,980‌

1,500,000

e

Keurig

Dr

Pepper,

Inc

2

.250

03/15/31

1,232,034‌

1,000,000

Keurig

Dr

Pepper,

Inc

4

.050

04/15/32

935,644‌

500,000

Keurig

Dr

Pepper,

Inc

4

.420

12/15/46

443,854‌

1,500,000

Keurig

Dr

Pepper,

Inc

3

.350

03/15/51

1,115,941‌

500,000

Keurig

Dr

Pepper,

Inc

4

.500

04/15/52

440,746‌

6,000,000

Kraft

Heinz

Foods

Co

3

.875

05/15/27

5,802,305‌

3,000,000

Kraft

Heinz

Foods

Co

4

.875

10/01/49

2,649,753‌

750,000

g

Kyndryl

Holdings,

Inc

2

.050

10/15/26

631,328‌

750,000

g

Kyndryl

Holdings,

Inc

2

.700

10/15/28

597,304‌

750,000

g

Kyndryl

Holdings,

Inc

3

.150

10/15/31

555,284‌

750,000

g

Kyndryl

Holdings,

Inc

4

.100

10/15/41

497,112‌

250,000

McCormick

&

Co,

Inc

3

.150

08/15/24

245,001‌

625,000

McCormick

&

Co,

Inc

0

.900

02/15/26

553,950‌

250,000

McCormick

&

Co,

Inc

3

.400

08/15/27

238,866‌

500,000

McCormick

&

Co,

Inc

2

.500

04/15/30

427,195‌

325,000

McCormick

&

Co,

Inc

1

.850

02/15/31

258,599‌

400,000

McCormick

&

Co,

Inc

4

.200

08/15/47

352,638‌

925,000

Mead

Johnson

Nutrition

Co

4

.125

11/15/25

934,424‌

350,000

Mead

Johnson

Nutrition

Co

4

.600

06/01/44

337,008‌

1,025,000

Molson

Coors

Brewing

Co

3

.000

07/15/26

962,737‌

525,000

Molson

Coors

Brewing

Co

5

.000

05/01/42

485,329‌

1,550,000

Molson

Coors

Brewing

Co

4

.200

07/15/46

1,272,519‌

1,000,000

Mondelez

International,

Inc

1

.500

05/04/25

933,568‌

1,500,000

Mondelez

International,

Inc

2

.625

03/17/27

1,402,862‌

356,000

Mondelez

International,

Inc

2

.750

04/13/30

312,645‌

400,000

e

Mondelez

International,

Inc

1

.500

02/04/31

313,607‌

1,000,000

Mondelez

International,

Inc

3

.000

03/17/32

869,509‌

725,000

Mondelez

International,

Inc

1

.875

10/15/32

562,123‌

1,200,000

Mondelez

International,

Inc

2

.625

09/04/50

815,979‌

1,000,000

PepsiCo,

Inc

0

.400

10/07/23

970,062‌

1,425,000

PepsiCo,

Inc

3

.600

03/01/24

1,434,229‌

525,000

PepsiCo,

Inc

2

.750

04/30/25

516,574‌

425,000

PepsiCo,

Inc

3

.500

07/17/25

426,454‌

275,000

PepsiCo,

Inc

2

.850

02/24/26

269,995‌

1,300,000

PepsiCo,

Inc

2

.375

10/06/26

1,245,134‌

150,000

PepsiCo,

Inc

2

.625

03/19/27

143,932‌

500,000

PepsiCo,

Inc

2

.750

03/19/30

460,972‌

2,275,000

PepsiCo,

Inc

1

.625

05/01/30

1,929,153‌

2,000,000

PepsiCo,

Inc

1

.400

02/25/31

1,641,150‌

2,000,000

PepsiCo,

Inc

1

.950

10/21/31

1,703,648‌

575,000

PepsiCo,

Inc

2

.625

10/21/41

451,867‌

750,000

PepsiCo,

Inc

2

.875

10/15/49

595,475‌

1,000,000

PepsiCo,

Inc

2

.750

10/21/51

766,991‌

300,000

Philip

Morris

International,

Inc

3

.600

11/15/23

300,870‌

600,000

Philip

Morris

International,

Inc

3

.250

11/10/24

592,079‌

500,000

Philip

Morris

International,

Inc

1

.500

05/01/25

468,928‌

500,000

Philip

Morris

International,

Inc

3

.375

08/11/25

492,195‌

700,000

Philip

Morris

International,

Inc

2

.750

02/25/26

670,616‌

1,000,000

Philip

Morris

International,

Inc

0

.875

05/01/26

886,937‌

1,300,000

Philip

Morris

International,

Inc

3

.125

08/17/27

1,219,706‌

1,500,000

Philip

Morris

International,

Inc

3

.125

03/02/28

1,367,999‌

1,450,000

Philip

Morris

International,

Inc

3

.375

08/15/29

1,308,074‌

450,000

Philip

Morris

International,

Inc

2

.100

05/01/30

368,634‌

1,000,000

Philip

Morris

International,

Inc

1

.750

11/01/30

774,675‌

400,000

Philip

Morris

International,

Inc

6

.375

05/16/38

418,055‌

225,000

Philip

Morris

International,

Inc

4

.375

11/15/41

186,916‌

200,000

Philip

Morris

International,

Inc

4

.500

03/20/42

173,208‌

275,000

Philip

Morris

International,

Inc

3

.875

08/21/42

215,070‌

300,000

Philip

Morris

International,

Inc

4

.125

03/04/43

242,185‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

42

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

200,000

Philip

Morris

International,

Inc

4

.875

%

11/15/43

$

177,978‌

2,000,000

Philip

Morris

International,

Inc

4

.250

11/10/44

1,626,096‌

200,000

Reynolds

American,

Inc

4

.850

09/15/23

201,982‌

550,000

Reynolds

American,

Inc

4

.450

06/12/25

546,689‌

750,000

Reynolds

American,

Inc

5

.700

08/15/35

711,338‌

65,000

Reynolds

American,

Inc

7

.250

06/15/37

67,599‌

200,000

Reynolds

American,

Inc

6

.150

09/15/43

185,120‌

1,775,000

Reynolds

American,

Inc

5

.850

08/15/45

1,489,389‌

100,000

Tyson

Foods,

Inc

3

.900

09/28/23

100,338‌

750,000

Tyson

Foods,

Inc

3

.950

08/15/24

748,561‌

500,000

Tyson

Foods,

Inc

4

.000

03/01/26

496,784‌

1,150,000

Tyson

Foods,

Inc

3

.550

06/02/27

1,101,987‌

500,000

Tyson

Foods,

Inc

4

.350

03/01/29

494,395‌

500,000

Tyson

Foods,

Inc

5

.150

08/15/44

494,932‌

300,000

Tyson

Foods,

Inc

4

.550

06/02/47

274,022‌

1,700,000

Tyson

Foods,

Inc

5

.100

09/28/48

1,701,842‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

176,631,858‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1

.2

%

200,000

Abbott

Laboratories

3

.400

11/30/23

200,458‌

275,000

Abbott

Laboratories

2

.950

03/15/25

271,157‌

1,708,000

Abbott

Laboratories

3

.750

11/30/26

1,716,873‌

625,000

Abbott

Laboratories

1

.150

01/30/28

544,518‌

200,000

Abbott

Laboratories

1

.400

06/30/30

166,741‌

2,750,000

Abbott

Laboratories

4

.750

11/30/36

2,913,562‌

3,450,000

Abbott

Laboratories

4

.900

11/30/46

3,615,268‌

500,000

Adventist

Health

System

2

.952

03/01/29

458,147‌

500,000

Adventist

Health

System

3

.630

03/01/49

410,134‌

200,000

Advocate

Health

&

Hospitals

Corp

3

.829

08/15/28

197,139‌

750,000

Advocate

Health

&

Hospitals

Corp

2

.211

06/15/30

638,681‌

100,000

Advocate

Health

&

Hospitals

Corp

4

.272

08/15/48

95,829‌

600,000

Advocate

Health

&

Hospitals

Corp

3

.387

10/15/49

494,823‌

500,000

Advocate

Health

&

Hospitals

Corp

3

.008

06/15/50

370,971‌

1,500,000

AHS

Hospital

Corp

2

.780

07/01/51

1,065,440‌

200,000

Allina

Health

System

3

.887

04/15/49

176,800‌

520,000

Allina

Health

System

2

.902

11/15/51

377,006‌

400,000

AmerisourceBergen

Corp

3

.400

05/15/24

396,801‌

700,000

AmerisourceBergen

Corp

3

.250

03/01/25

685,553‌

200,000

AmerisourceBergen

Corp

3

.450

12/15/27

192,628‌

1,000,000

AmerisourceBergen

Corp

2

.800

05/15/30

874,137‌

1,000,000

AmerisourceBergen

Corp

2

.700

03/15/31

856,684‌

700,000

AmerisourceBergen

Corp

4

.300

12/15/47

630,104‌

225,000

Anthem,

Inc

3

.500

08/15/24

224,191‌

1,625,000

Anthem,

Inc

3

.350

12/01/24

1,602,567‌

1,500,000

Anthem,

Inc

2

.375

01/15/25

1,444,079‌

1,000,000

Anthem,

Inc

1

.500

03/15/26

913,150‌

850,000

Anthem,

Inc

3

.650

12/01/27

827,248‌

1,225,000

Anthem,

Inc

4

.101

03/01/28

1,212,291‌

500,000

Anthem,

Inc

2

.875

09/15/29

450,457‌

1,500,000

Anthem,

Inc

2

.250

05/15/30

1,281,736‌

1,000,000

Anthem,

Inc

2

.550

03/15/31

863,484‌

1,150,000

Anthem,

Inc

4

.625

05/15/42

1,092,030‌

125,000

Anthem,

Inc

4

.650

01/15/43

119,031‌

500,000

Anthem,

Inc

5

.100

01/15/44

499,805‌

425,000

Anthem,

Inc

4

.650

08/15/44

403,715‌

625,000

Anthem,

Inc

4

.375

12/01/47

575,232‌

1,800,000

Anthem,

Inc

4

.550

03/01/48

1,702,062‌

500,000

Anthem,

Inc

3

.700

09/15/49

413,360‌

1,150,000

Anthem,

Inc

3

.125

05/15/50

868,094‌

425,000

Anthem,

Inc

3

.600

03/15/51

344,874‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

43

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

1,000,000

Ascension

Health

2

.532

%

11/15/29

$

903,621‌

1,000,000

Ascension

Health

3

.106

11/15/39

823,557‌

875,000

Ascension

Health

3

.945

11/15/46

811,713‌

200,000

Ascension

Health

4

.847

11/15/53

208,630‌

500,000

Banner

Health

2

.338

01/01/30

441,292‌

750,000

Banner

Health

1

.897

01/01/31

624,800‌

1,000,000

Banner

Health

2

.907

01/01/42

783,168‌

500,000

Banner

Health

3

.181

01/01/50

393,452‌

750,000

Banner

Health

2

.913

01/01/51

559,741‌

1,000,000

Baptist

Health

South

Florida

Obligated

Group

3

.115

11/15/71

670,809‌

1,000,000

Baptist

Healthcare

System

Obligated

Group

3

.540

08/15/50

795,734‌

475,000

Baxter

International,

Inc

2

.600

08/15/26

444,425‌

2,000,000

Baxter

International,

Inc

1

.915

02/01/27

1,791,053‌

1,350,000

Baxter

International,

Inc

2

.272

12/01/28

1,182,233‌

2,000,000

Baxter

International,

Inc

1

.730

04/01/31

1,582,301‌

1,150,000

Baxter

International,

Inc

2

.539

02/01/32

970,789‌

300,000

Baxter

International,

Inc

3

.500

08/15/46

235,372‌

2,000,000

Baxter

International,

Inc

3

.132

12/01/51

1,445,489‌

1,500,000

Baylor

Scott

&

White

Holdings

1

.777

11/15/30

1,235,833‌

290,000

e

Baylor

Scott

&

White

Holdings

4

.185

11/15/45

270,204‌

200,000

Baylor

Scott

&

White

Holdings

3

.967

11/15/46

182,952‌

2,000,000

Baylor

Scott

&

White

Holdings

2

.839

11/15/50

1,463,922‌

635,000

Becton

Dickinson

&

Co

3

.363

06/06/24

628,441‌

165,000

Becton

Dickinson

&

Co

3

.734

12/15/24

164,239‌

1,277,000

Becton

Dickinson

&

Co

3

.700

06/06/27

1,234,038‌

675,000

Becton

Dickinson

&

Co

2

.823

05/20/30

593,722‌

391,000

Becton

Dickinson

&

Co

4

.685

12/15/44

361,242‌

1,000,000

Becton

Dickinson

&

Co

4

.669

06/06/47

935,492‌

1,000,000

Becton

Dickinson

&

Co

3

.794

05/20/50

825,113‌

1,500,000

Becton

Dickinson

and

Co

1

.957

02/11/31

1,210,768‌

235,000

Beth

Israel

Lahey

Health,

Inc

3

.080

07/01/51

170,309‌

200,000

Bio-Rad

Laboratories,

Inc

3

.300

03/15/27

188,709‌

525,000

Bio-Rad

Laboratories,

Inc

3

.700

03/15/32

466,527‌

500,000

Bon

Secours

Mercy

Health,

Inc

3

.464

06/01/30

468,831‌

500,000

Bon

Secours

Mercy

Health,

Inc

2

.095

06/01/31

417,847‌

500,000

Bon

Secours

Mercy

Health,

Inc

3

.205

06/01/50

372,748‌

219,000

Boston

Scientific

Corp

3

.450

03/01/24

218,710‌

1,500,000

Boston

Scientific

Corp

2

.650

06/01/30

1,308,847‌

343,000

Boston

Scientific

Corp

4

.550

03/01/39

320,164‌

256,000

Boston

Scientific

Corp

4

.700

03/01/49

244,511‌

200,000

Cardinal

Health,

Inc

3

.200

03/15/23

199,938‌

650,000

Cardinal

Health,

Inc

3

.079

06/15/24

639,431‌

100,000

Cardinal

Health,

Inc

3

.500

11/15/24

98,951‌

200,000

Cardinal

Health,

Inc

3

.750

09/15/25

197,611‌

1,475,000

Cardinal

Health,

Inc

3

.410

06/15/27

1,418,380‌

100,000

Cardinal

Health,

Inc

4

.600

03/15/43

87,246‌

200,000

Cardinal

Health,

Inc

4

.500

11/15/44

171,249‌

200,000

Cardinal

Health,

Inc

4

.900

09/15/45

181,206‌

500,000

Cardinal

Health,

Inc

4

.368

06/15/47

424,871‌

100,000

Children's

Hospital

Corp

4

.115

01/01/47

94,148‌

1,000,000

Children's

Hospital

Corp

2

.585

02/01/50

691,743‌

1,000,000

Children's

Hospital

of

Philadelphia

2

.704

07/01/50

705,532‌

200,000

CHRISTUS

Health

4

.341

07/01/28

200,682‌

1,100,000

Cigna

Corp

3

.000

07/15/23

1,091,744‌

623,000

Cigna

Corp

3

.750

07/15/23

624,353‌

300,000

Cigna

Corp

3

.500

06/15/24

298,115‌

900,000

Cigna

Corp

3

.250

04/15/25

882,438‌

2,000,000

Cigna

Corp

4

.125

11/15/25

2,002,193‌

150,000

Cigna

Corp

4

.500

02/25/26

151,497‌

1,000,000

Cigna

Corp

1

.250

03/15/26

902,106‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

44

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

4,475,000

Cigna

Corp

3

.400

%

03/01/27

$

4,303,592‌

300,000

Cigna

Corp

3

.050

10/15/27

281,838‌

3,275,000

Cigna

Corp

4

.375

10/15/28

3,249,726‌

250,000

Cigna

Corp

2

.400

03/15/30

215,286‌

550,000

Cigna

Corp

2

.375

03/15/31

464,186‌

1,700,000

Cigna

Corp

4

.800

08/15/38

1,653,551‌

225,000

Cigna

Corp

3

.200

03/15/40

177,607‌

93,000

Cigna

Corp

6

.125

11/15/41

103,079‌

975,000

Cigna

Corp

4

.800

07/15/46

928,765‌

1,150,000

Cigna

Corp

3

.875

10/15/47

948,218‌

2,450,000

Cigna

Corp

4

.900

12/15/48

2,351,629‌

750,000

Cigna

Corp

3

.400

03/15/50

572,447‌

1,100,000

Cigna

Corp

3

.400

03/15/51

846,107‌

600,000

City

of

Hope

4

.378

08/15/48

557,822‌

750,000

Community

Health

Network,

Inc

3

.099

05/01/50

562,240‌

900,000

CVS

Health

Corp

3

.375

08/12/24

894,476‌

250,000

CVS

Health

Corp

2

.625

08/15/24

244,406‌

1,969,000

CVS

Health

Corp

3

.875

07/20/25

1,956,608‌

2,550,000

CVS

Health

Corp

2

.875

06/01/26

2,426,711‌

1,250,000

CVS

Health

Corp

3

.000

08/15/26

1,195,488‌

9,500,000

CVS

Health

Corp

1

.300

08/21/27

8,185,725‌

1,216,000

CVS

Health

Corp

4

.300

03/25/28

1,203,134‌

275,000

CVS

Health

Corp

3

.250

08/15/29

251,037‌

1,825,000

CVS

Health

Corp

1

.750

08/21/30

1,461,718‌

1,525,000

CVS

Health

Corp

1

.875

02/28/31

1,221,179‌

1,000,000

CVS

Health

Corp

2

.125

09/15/31

811,088‌

4,100,000

CVS

Health

Corp

4

.780

03/25/38

3,880,878‌

850,000

CVS

Health

Corp

2

.700

08/21/40

613,674‌

400,000

CVS

Health

Corp

5

.300

12/05/43

399,450‌

1,800,000

CVS

Health

Corp

5

.125

07/20/45

1,733,800‌

8,525,000

CVS

Health

Corp

5

.050

03/25/48

8,160,540‌

100,000

Dartmouth-Hitchcock

Health

4

.178

08/01/48

90,458‌

1,000,000

DENTSPLY

SIRONA,

Inc

3

.250

06/01/30

844,038‌

200,000

Dignity

Health

5

.267

11/01/64

194,714‌

400,000

Duke

University

Health

System,

Inc

3

.920

06/01/47

363,935‌

400,000

Edwards

Lifesciences

Corp

4

.300

06/15/28

389,797‌

750,000

Hackensack

Meridian

Health,

Inc

2

.675

09/01/41

572,187‌

200,000

Hackensack

Meridian

Health,

Inc

4

.211

07/01/48

185,624‌

750,000

Hackensack

Meridian

Health,

Inc

2

.875

09/01/50

542,829‌

200,000

Hackensack

Meridian

Health,

Inc

4

.500

07/01/57

191,954‌

685,000

Hartford

HealthCare

Corp

3

.447

07/01/54

552,459‌

2,500,000

HCA,

Inc

5

.000

03/15/24

2,511,262‌

2,000,000

HCA,

Inc

4

.500

02/15/27

1,922,805‌

2,500,000

HCA,

Inc

5

.625

09/01/28

2,459,238‌

1,500,000

HCA,

Inc

4

.125

06/15/29

1,367,678‌

2,000,000

HCA,

Inc

3

.500

09/01/30

1,701,420‌

2,000,000

HCA,

Inc

2

.375

07/15/31

1,559,430‌

225,000

HCA,

Inc

5

.125

06/15/39

196,901‌

875,000

HCA,

Inc

5

.500

06/15/47

780,528‌

2,500,000

HCA,

Inc

5

.250

06/15/49

2,153,126‌

1,000,000

HCA,

Inc

3

.500

07/15/51

682,936‌

1,000,000

Hoag

Memorial

Hospital

Presbyterian

3

.803

07/15/52

874,163‌

100,000

Humana,

Inc

3

.150

12/01/22

100,035‌

300,000

Humana,

Inc

3

.850

10/01/24

299,580‌

4,000,000

Humana,

Inc

1

.350

02/03/27

3,497,338‌

600,000

Humana,

Inc

3

.950

03/15/27

588,495‌

175,000

Humana,

Inc

3

.125

08/15/29

158,130‌

325,000

Humana,

Inc

2

.150

02/03/32

263,164‌

200,000

Humana,

Inc

4

.625

12/01/42

185,787‌

300,000

Humana,

Inc

4

.950

10/01/44

291,635‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

45

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

600,000

Humana,

Inc

4

.800

%

03/15/47

$

576,148‌

500,000

Humana,

Inc

3

.950

08/15/49

422,606‌

200,000

Indiana

University

Health,

Inc

Obligated

Group

3

.970

11/01/48

182,995‌

1,500,000

Indiana

University

Health,

Inc

Obligated

Group

2

.852

11/01/51

1,091,645‌

1,000,000

Inova

Health

System

Foundation

4

.068

05/15/52

923,170‌

760,000

Integris

Baptist

Medical

Center,

Inc

3

.875

08/15/50

646,484‌

350,000

Johns

Hopkins

Health

System

Corp

3

.837

05/15/46

317,294‌

500,000

Kaiser

Foundation

Hospitals

3

.150

05/01/27

485,806‌

1,400,000

Kaiser

Foundation

Hospitals

2

.810

06/01/41

1,085,530‌

100,000

Kaiser

Foundation

Hospitals

4

.875

04/01/42

102,145‌

1,265,000

Kaiser

Foundation

Hospitals

4

.150

05/01/47

1,180,385‌

1,000,000

Kaiser

Foundation

Hospitals

3

.266

11/01/49

792,962‌

2,000,000

Kaiser

Foundation

Hospitals

3

.002

06/01/51

1,491,246‌

755,000

Koninklijke

Philips

NV

5

.000

03/15/42

726,070‌

700,000

Laboratory

Corp

of

America

Holdings

4

.000

11/01/23

701,261‌

200,000

Laboratory

Corp

of

America

Holdings

3

.250

09/01/24

197,058‌

500,000

Laboratory

Corp

of

America

Holdings

2

.300

12/01/24

478,172‌

100,000

Laboratory

Corp

of

America

Holdings

3

.600

02/01/25

98,521‌

1,000,000

Laboratory

Corp

of

America

Holdings

1

.550

06/01/26

897,153‌

300,000

Laboratory

Corp

of

America

Holdings

3

.600

09/01/27

288,721‌

500,000

Laboratory

Corp

of

America

Holdings

2

.950

12/01/29

440,075‌

1,000,000

Laboratory

Corp

of

America

Holdings

2

.700

06/01/31

840,862‌

800,000

Laboratory

Corp

of

America

Holdings

4

.700

02/01/45

710,445‌

200,000

Mayo

Clinic

4

.000

11/15/47

184,202‌

200,000

Mayo

Clinic

4

.128

11/15/52

188,582‌

2,500,000

Mayo

Clinic

3

.196

11/15/61

1,894,450‌

1,000,000

McKesson

Corp

0

.900

12/03/25

903,320‌

500,000

McKesson

Corp

1

.300

08/15/26

444,897‌

200,000

McLaren

Health

Care

Corp

4

.386

05/15/48

185,767‌

2,777,000

Medtronic,

Inc

4

.375

03/15/35

2,769,088‌

1,074,000

Medtronic,

Inc

4

.625

03/15/45

1,077,033‌

500,000

Memorial

Health

Services

3

.447

11/01/49

409,402‌

1,000,000

Memorial

Sloan-Kettering

Cancer

Center

2

.955

01/01/50

763,315‌

200,000

Memorial

Sloan-Kettering

Cancer

Center

4

.125

07/01/52

185,346‌

500,000

Memorial

Sloan-Kettering

Cancer

Center

4

.200

07/01/55

457,910‌

200,000

Mercy

Health

4

.302

07/01/28

201,632‌

1,000,000

Methodist

Hospital

2

.705

12/01/50

703,973‌

500,000

Montefiore

Obligated

Group

5

.246

11/01/48

429,232‌

750,000

Montefiore

Obligated

Group

4

.287

09/01/50

552,449‌

1,000,000

Mount

Nittany

Medical

Center

Obligated

Group

3

.799

11/15/52

845,907‌

100,000

Mount

Sinai

Hospitals

Group,

Inc

3

.981

07/01/48

88,172‌

600,000

Mount

Sinai

Hospitals

Group,

Inc

3

.737

07/01/49

507,083‌

895,000

Mount

Sinai

Hospitals

Group,

Inc

3

.391

07/01/50

689,471‌

1,000,000

MultiCare

Health

System

2

.803

08/15/50

727,326‌

1,000,000

Nationwide

Children's

Hospital,

Inc

4

.556

11/01/52

1,004,526‌

1,000,000

New

York

and

Presbyterian

Hospital

2

.256

08/01/40

718,707‌

300,000

New

York

and

Presbyterian

Hospital

4

.024

08/01/45

272,831‌

150,000

New

York

and

Presbyterian

Hospital

4

.063

08/01/56

137,975‌

1,000,000

New

York

and

Presbyterian

Hospital

2

.606

08/01/60

646,110‌

500,000

New

York

and

Presbyterian

Hospital

3

.954

08/01/19

386,133‌

140,000

Northwell

Healthcare,

Inc

3

.979

11/01/46

121,626‌

675,000

Northwell

Healthcare,

Inc

4

.260

11/01/47

618,683‌

500,000

Northwell

Healthcare,

Inc

3

.809

11/01/49

421,260‌

1,000,000

e

NY

Society

for

Relief

of

Ruptured

&

Crippled

Maintaining

Hosp

Special

Surgery

2

.667

10/01/50

699,793‌

350,000

NYU

Hospitals

Center

5

.750

07/01/43

390,827‌

250,000

NYU

Hospitals

Center

4

.368

07/01/47

231,482‌

915,000

NYU

Langone

Hospitals

3

.380

07/01/55

693,952‌

1,000,000

OhioHealth

Corp

2

.297

11/15/31

864,483‌

1,000,000

OhioHealth

Corp

2

.834

11/15/41

778,142‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

46

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

750,000

OhioHealth

Corp

3

.042

%

11/15/50

$

580,510‌

100,000

Orlando

Health

Obligated

Group

4

.089

10/01/48

91,603‌

1,000,000

Orlando

Health

Obligated

Group

3

.327

10/01/50

777,731‌

750,000

PeaceHealth

Obligated

Group

1

.375

11/15/25

690,344‌

200,000

PeaceHealth

Obligated

Group

4

.787

11/15/48

198,684‌

750,000

PeaceHealth

Obligated

Group

3

.218

11/15/50

562,974‌

1,000,000

Piedmont

Healthcare,

Inc

2

.044

01/01/32

823,381‌

1,000,000

Piedmont

Healthcare,

Inc

2

.719

01/01/42

748,950‌

1,000,000

Piedmont

Healthcare,

Inc

2

.864

01/01/52

720,842‌

200,000

Providence

St.

Joseph

Health

Obligated

Group

2

.746

10/01/26

192,112‌

570,000

Providence

St.

Joseph

Health

Obligated

Group

2

.532

10/01/29

506,121‌

100,000

Providence

St.

Joseph

Health

Obligated

Group

3

.744

10/01/47

85,939‌

350,000

Providence

St.

Joseph

Health

Obligated

Group

3

.930

10/01/48

305,767‌

1,000,000

Providence

St.

Joseph

Health

Obligated

Group

2

.700

10/01/51

678,797‌

785,000

Queen's

Health

Systems

4

.810

07/01/52

792,652‌

125,000

Quest

Diagnostics,

Inc

3

.500

03/30/25

123,066‌

225,000

Quest

Diagnostics,

Inc

3

.450

06/01/26

219,117‌

500,000

Quest

Diagnostics,

Inc

4

.200

06/30/29

486,033‌

750,000

Quest

Diagnostics,

Inc

2

.950

06/30/30

659,968‌

500,000

Quest

Diagnostics,

Inc

2

.800

06/30/31

428,322‌

300,000

Quest

Diagnostics,

Inc

4

.700

03/30/45

272,320‌

1,500,000

Rady

Children's

Hospital-San

Diego

3

.154

08/15/51

1,152,910‌

390,000

Rush

Obligated

Group

3

.922

11/15/29

375,195‌

200,000

RWJ

Barnabas

Health,

Inc

3

.949

07/01/46

180,630‌

1,000,000

Sharp

HealthCare

2

.680

08/01/50

706,833‌

1,000,000

Smith

&

Nephew

plc

2

.032

10/14/30

795,686‌

300,000

SSM

Health

Care

Corp

3

.688

06/01/23

300,306‌

400,000

SSM

Health

Care

Corp

3

.823

06/01/27

398,414‌

500,000

Stanford

Health

Care

3

.795

11/15/48

437,098‌

1,620,000

Stanford

Health

Care

3

.027

08/15/51

1,233,201‌

475,000

Stryker

Corp

1

.150

06/15/25

438,260‌

200,000

Stryker

Corp

3

.375

11/01/25

196,466‌

1,600,000

Stryker

Corp

3

.500

03/15/26

1,570,191‌

500,000

Stryker

Corp

3

.650

03/07/28

486,924‌

600,000

Stryker

Corp

1

.950

06/15/30

498,347‌

200,000

Stryker

Corp

4

.100

04/01/43

173,071‌

200,000

Stryker

Corp

4

.375

05/15/44

179,644‌

550,000

Stryker

Corp

4

.625

03/15/46

519,774‌

575,000

Stryker

Corp

2

.900

06/15/50

415,246‌

1,500,000

Summa

Health

3

.511

11/15/51

1,229,244‌

200,000

Sutter

Health

3

.695

08/15/28

195,378‌

1,000,000

Sutter

Health

2

.294

08/15/30

858,494‌

500,000

Sutter

Health

3

.161

08/15/40

392,815‌

200,000

Sutter

Health

4

.091

08/15/48

176,547‌

500,000

Sutter

Health

3

.361

08/15/50

383,575‌

1,000,000

Texas

Health

Resources

2

.328

11/15/50

655,118‌

100,000

Texas

Health

Resources

4

.330

11/15/55

97,009‌

2,000,000

Trinity

Health

Corp

2

.632

12/01/40

1,488,849‌

300,000

Trinity

Health

Corp

4

.125

12/01/45

276,129‌

185,000

Trinity

Health

Corp

3

.434

12/01/48

153,710‌

1,000,000

UMass

Memorial

Health

Care

Obligated

Group

5

.363

07/01/52

1,001,905‌

500,000

UnitedHealth

Group,

Inc

3

.700

12/15/25

498,686‌

1,000,000

UnitedHealth

Group,

Inc

1

.250

01/15/26

922,292‌

3,000,000

e

UnitedHealth

Group,

Inc

1

.150

05/15/26

2,719,855‌

200,000

UnitedHealth

Group,

Inc

3

.450

01/15/27

197,077‌

300,000

UnitedHealth

Group,

Inc

3

.375

04/15/27

295,109‌

1,700,000

UnitedHealth

Group,

Inc

2

.950

10/15/27

1,632,619‌

2,375,000

UnitedHealth

Group,

Inc

3

.850

06/15/28

2,359,987‌

500,000

UnitedHealth

Group,

Inc

3

.875

12/15/28

497,306‌

1,000,000

UnitedHealth

Group,

Inc

2

.875

08/15/29

921,901‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

47

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

2,200,000

UnitedHealth

Group,

Inc

2

.000

%

05/15/30

$

1,885,211‌

1,750,000

UnitedHealth

Group,

Inc

2

.300

05/15/31

1,515,622‌

150,000

UnitedHealth

Group,

Inc

5

.800

03/15/36

168,006‌

365,000

UnitedHealth

Group,

Inc

6

.625

11/15/37

441,261‌

200,000

UnitedHealth

Group,

Inc

6

.875

02/15/38

247,664‌

275,000

UnitedHealth

Group,

Inc

3

.500

08/15/39

239,768‌

1,000,000

UnitedHealth

Group,

Inc

2

.750

05/15/40

778,855‌

3,000,000

UnitedHealth

Group,

Inc

3

.050

05/15/41

2,417,884‌

300,000

UnitedHealth

Group,

Inc

4

.375

03/15/42

285,185‌

350,000

UnitedHealth

Group,

Inc

3

.950

10/15/42

313,743‌

375,000

UnitedHealth

Group,

Inc

4

.250

03/15/43

350,627‌

800,000

UnitedHealth

Group,

Inc

4

.200

01/15/47

745,145‌

300,000

UnitedHealth

Group,

Inc

4

.250

04/15/47

280,906‌

500,000

UnitedHealth

Group,

Inc

3

.750

10/15/47

432,069‌

1,700,000

UnitedHealth

Group,

Inc

4

.250

06/15/48

1,585,076‌

1,000,000

UnitedHealth

Group,

Inc

3

.700

08/15/49

852,851‌

4,000,000

UnitedHealth

Group,

Inc

2

.900

05/15/50

2,995,696‌

3,000,000

UnitedHealth

Group,

Inc

3

.250

05/15/51

2,353,950‌

1,250,000

UnitedHealth

Group,

Inc

3

.875

08/15/59

1,079,702‌

1,000,000

e

UnitedHealth

Group,

Inc

3

.125

05/15/60

729,598‌

1,000,000

g

Universal

Health

Services,

Inc

1

.650

09/01/26

867,259‌

1,000,000

g

Universal

Health

Services,

Inc

2

.650

01/15/32

778,227‌

370,000

WakeMed

3

.286

10/01/52

282,208‌

200,000

West

Virginia

United

Health

System

Obligated

Group

3

.129

06/01/50

145,940‌

500,000

Willis-Knighton

Medical

Center

3

.065

03/01/51

359,392‌

600,000

Zimmer

Biomet

Holdings,

Inc

1

.450

11/22/24

564,829‌

225,000

Zimmer

Biomet

Holdings,

Inc

3

.050

01/15/26

216,016‌

1,500,000

Zimmer

Biomet

Holdings,

Inc

2

.600

11/24/31

1,227,766‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

246,548,624‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.1

%

500,000

Church

&

Dwight

Co,

Inc

3

.150

08/01/27

478,396‌

250,000

Church

&

Dwight

Co,

Inc

2

.300

12/15/31

210,271‌

100,000

Church

&

Dwight

Co,

Inc

3

.950

08/01/47

87,445‌

300,000

Clorox

Co

3

.100

10/01/27

287,000‌

500,000

Clorox

Co

3

.900

05/15/28

492,363‌

1,000,000

Clorox

Co

1

.800

05/15/30

817,815‌

300,000

Colgate-Palmolive

Co

3

.250

03/15/24

299,166‌

60,000

Colgate-Palmolive

Co

6

.450

06/16/28

66,160‌

300,000

Colgate-Palmolive

Co

4

.000

08/15/45

280,625‌

550,000

Colgate-Palmolive

Co

3

.700

08/01/47

494,569‌

125,000

Estee

Lauder

Cos,

Inc

2

.000

12/01/24

121,024‌

450,000

Estee

Lauder

Cos,

Inc

3

.150

03/15/27

437,094‌

200,000

Estee

Lauder

Cos,

Inc

2

.375

12/01/29

177,918‌

100,000

Estee

Lauder

Cos,

Inc

2

.600

04/15/30

89,772‌

1,500,000

Estee

Lauder

Cos,

Inc

1

.950

03/15/31

1,263,372‌

100,000

Estee

Lauder

Cos,

Inc

6

.000

05/15/37

117,958‌

300,000

Estee

Lauder

Cos,

Inc

4

.375

06/15/45

281,062‌

375,000

Estee

Lauder

Cos,

Inc

4

.150

03/15/47

347,820‌

700,000

e

Estee

Lauder

Cos,

Inc

3

.125

12/01/49

553,693‌

950,000

Kimberly-Clark

Corp

3

.050

08/15/25

933,346‌

200,000

Kimberly-Clark

Corp

1

.050

09/15/27

174,603‌

412,000

Kimberly-Clark

Corp

3

.950

11/01/28

410,675‌

1,500,000

Kimberly-Clark

Corp

3

.200

04/25/29

1,422,810‌

1,500,000

Kimberly-Clark

Corp

2

.000

11/02/31

1,260,090‌

200,000

Kimberly-Clark

Corp

6

.625

08/01/37

243,215‌

725,000

Kimberly-Clark

Corp

3

.200

07/30/46

580,343‌

200,000

Kimberly-Clark

Corp

3

.900

05/04/47

178,261‌

300,000

Kimberly-Clark

Corp

2

.875

02/07/50

227,263‌

600,000

Procter

&

Gamble

Co

3

.100

08/15/23

603,356‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

48

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HOUSEHOLD

&

PERSONAL

PRODUCTS—continued

$

2,000,000

Procter

&

Gamble

Co

0

.550

%

10/29/25

$

1,839,122‌

750,000

Procter

&

Gamble

Co

2

.700

02/02/26

736,543‌

2,000,000

Procter

&

Gamble

Co

1

.000

04/23/26

1,836,473‌

1,750,000

Procter

&

Gamble

Co

2

.450

11/03/26

1,686,965‌

750,000

Procter

&

Gamble

Co

2

.850

08/11/27

725,801‌

3,000,000

Procter

&

Gamble

Co

3

.000

03/25/30

2,830,460‌

1,150,000

Procter

&

Gamble

Co

1

.200

10/29/30

939,082‌

1,500,000

Procter

&

Gamble

Co

1

.950

04/23/31

1,294,703‌

1,000,000

Unilever

Capital

Corp

0

.626

08/12/24

943,252‌

225,000

Unilever

Capital

Corp

2

.000

07/28/26

211,705‌

1,000,000

Unilever

Capital

Corp

2

.125

09/06/29

881,238‌

175,000

Unilever

Capital

Corp

1

.375

09/14/30

142,262‌

500,000

Unilever

Capital

Corp

2

.625

08/12/51

361,375‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

27,366,466‌

INSURANCE

-

0

.8

%

700,000

ACE

INA

Holdings,

Inc

3

.150

03/15/25

687,197‌

2,325,000

ACE

INA

Holdings,

Inc

3

.350

05/03/26

2,273,758‌

150,000

ACE

INA

Holdings,

Inc

4

.150

03/13/43

135,953‌

1,600,000

ACE

INA

Holdings,

Inc

4

.350

11/03/45

1,509,180‌

500,000

Aegon

NV

5

.500

04/11/48

481,110‌

1,125,000

Aetna,

Inc

2

.800

06/15/23

1,111,045‌

325,000

Aetna,

Inc

3

.500

11/15/24

321,090‌

440,000

Aetna,

Inc

6

.625

06/15/36

496,509‌

350,000

Aetna,

Inc

4

.500

05/15/42

312,894‌

500,000

Aetna,

Inc

4

.125

11/15/42

424,523‌

1,050,000

Aetna,

Inc

3

.875

08/15/47

867,371‌

525,000

Aflac,

Inc

3

.625

11/15/24

525,684‌

2,000,000

Aflac,

Inc

1

.125

03/15/26

1,804,436‌

200,000

Aflac,

Inc

2

.875

10/15/26

192,027‌

375,000

Aflac,

Inc

3

.600

04/01/30

355,123‌

200,000

Aflac,

Inc

4

.000

10/15/46

172,360‌

500,000

Aflac,

Inc

4

.750

01/15/49

482,145‌

1,000,000

Alleghany

Corp

3

.625

05/15/30

935,663‌

200,000

Alleghany

Corp

4

.900

09/15/44

190,274‌

1,000,000

Alleghany

Corp

3

.250

08/15/51

726,424‌

300,000

Allied

World

Assurance

Co

Holdings

Ltd

4

.350

10/29/25

295,929‌

1,000,000

Allstate

Corp

0

.750

12/15/25

899,932‌

275,000

Allstate

Corp

3

.280

12/15/26

269,429‌

1,000,000

Allstate

Corp

1

.450

12/15/30

794,442‌

600,000

Allstate

Corp

4

.500

06/15/43

561,385‌

975,000

Allstate

Corp

4

.200

12/15/46

886,831‌

250,000

Allstate

Corp

3

.850

08/10/49

213,858‌

200,000

Allstate

Corp

5

.750

08/15/53

175,250‌

325,000

American

Financial

Group,

Inc

5

.250

04/02/30

325,942‌

400,000

American

Financial

Group,

Inc

4

.500

06/15/47

337,035‌

3,000,000

American

International

Group,

Inc

2

.500

06/30/25

2,859,143‌

300,000

American

International

Group,

Inc

4

.800

07/10/45

279,248‌

1,000,000

American

International

Group,

Inc

4

.750

04/01/48

935,280‌

300,000

American

International

Group,

Inc

5

.750

04/01/48

268,065‌

1,000,000

American

International

Group,

Inc

4

.375

06/30/50

886,744‌

550,000

Anthem,

Inc

4

.100

05/15/32

535,077‌

600,000

Anthem,

Inc

4

.550

05/15/52

564,299‌

1,000,000

Aon

Corp

2

.850

05/28/27

937,880‌

200,000

Aon

Corp

4

.500

12/15/28

198,017‌

450,000

Aon

Corp

3

.750

05/02/29

425,027‌

450,000

Aon

Corp

2

.800

05/15/30

393,359‌

1,000,000

Aon

Corp

2

.050

08/23/31

803,126‌

1,000,000

Aon

Corp

2

.600

12/02/31

838,355‌

200,000

Aon

Corp

6

.250

09/30/40

221,248‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

49

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

INSURANCE—continued

$

1,000,000

Aon

Corp

2

.900

%

08/23/51

$

693,887‌

500,000

Aon

Corp

3

.900

02/28/52

408,952‌

200,000

Aon

plc

4

.000

11/27/23

200,815‌

300,000

Aon

plc

3

.500

06/14/24

298,145‌

1,450,000

Aon

plc

3

.875

12/15/25

1,434,009‌

550,000

Aon

plc

4

.750

05/15/45

506,552‌

1,050,000

Arch

Capital

Group

Ltd

4

.011

12/15/26

1,029,749‌

200,000

Arch

Capital

Group

Ltd

5

.031

12/15/46

188,264‌

600,000

Arch

Capital

Group

Ltd

3

.635

06/30/50

466,499‌

300,000

Arch

Capital

Group

US,

Inc

5

.144

11/01/43

291,237‌

2,000,000

Arthur

J

Gallagher

&

Co

2

.400

11/09/31

1,633,109‌

1,125,000

Arthur

J

Gallagher

&

Co

3

.500

05/20/51

859,640‌

2,000,000

Arthur

J

Gallagher

&

Co

3

.050

03/09/52

1,387,371‌

200,000

Aspen

Insurance

Holdings

Ltd

4

.650

11/15/23

201,844‌

225,000

Assurant,

Inc

4

.200

09/27/23

226,548‌

300,000

Assurant,

Inc

4

.900

03/27/28

299,327‌

500,000

Assurant,

Inc

3

.700

02/22/30

444,267‌

1,500,000

Assurant,

Inc

2

.650

01/15/32

1,172,463‌

7,000

Assurant,

Inc

6

.750

02/15/34

7,621‌

137,000

Assured

Guaranty

US

Holdings,

Inc

5

.000

07/01/24

140,569‌

2,000,000

Assured

Guaranty

US

Holdings,

Inc

3

.150

06/15/31

1,735,364‌

300,000

Assured

Guaranty

US

Holdings,

Inc

3

.600

09/15/51

225,344‌

675,000

Athene

Holding

Ltd

4

.125

01/12/28

634,701‌

500,000

Athene

Holding

Ltd

6

.150

04/03/30

499,056‌

1,000,000

Athene

Holding

Ltd

3

.950

05/25/51

743,938‌

1,000,000

Athene

Holding

Ltd

3

.450

05/15/52

686,610‌

770,000

AXA

S.A.

8

.600

12/15/30

902,772‌

300,000

AXIS

Specialty

Finance

LLC

3

.900

07/15/29

282,694‌

250,000

AXIS

Specialty

Finance

LLC

4

.900

01/15/40

210,000‌

200,000

AXIS

Specialty

Finance

plc

4

.000

12/06/27

193,748‌

1,500,000

e

Berkshire

Hathaway

Finance

Corp

2

.300

03/15/27

1,416,822‌

100,000

Berkshire

Hathaway

Finance

Corp

1

.850

03/12/30

85,207‌

1,500,000

Berkshire

Hathaway

Finance

Corp

1

.450

10/15/30

1,218,470‌

1,000,000

Berkshire

Hathaway

Finance

Corp

2

.875

03/15/32

896,485‌

300,000

Berkshire

Hathaway

Finance

Corp

4

.400

05/15/42

282,439‌

2,175,000

Berkshire

Hathaway

Finance

Corp

4

.200

08/15/48

1,987,185‌

1,725,000

Berkshire

Hathaway

Finance

Corp

4

.250

01/15/49

1,588,757‌

3,000,000

Berkshire

Hathaway

Finance

Corp

2

.500

01/15/51

2,029,139‌

500,000

Berkshire

Hathaway

Finance

Corp

3

.850

03/15/52

428,028‌

1,000,000

Boardwalk

Pipelines

LP

3

.600

09/01/32

846,057‌

1,000,000

e

Brighthouse

Financial,

Inc

5

.625

05/15/30

970,945‌

236,000

Brighthouse

Financial,

Inc

4

.700

06/22/47

187,842‌

500,000

Brown

&

Brown,

Inc

4

.500

03/15/29

488,500‌

1,000,000

Brown

&

Brown,

Inc

2

.375

03/15/31

791,611‌

1,000,000

Brown

&

Brown,

Inc

4

.200

03/17/32

910,241‌

500,000

Brown

&

Brown,

Inc

4

.950

03/17/52

438,586‌

450,000

Chubb

Corp

6

.000

05/11/37

518,772‌

1,325,000

Chubb

INA

Holdings,

Inc

1

.375

09/15/30

1,057,372‌

425,000

Chubb

INA

Holdings,

Inc

2

.850

12/15/51

310,578‌

1,500,000

Chubb

INA

Holdings,

Inc

3

.050

12/15/61

1,071,077‌

200,000

Cincinnati

Financial

Corp

6

.920

05/15/28

225,647‌

690,000

CNA

Financial

Corp

3

.950

05/15/24

690,186‌

200,000

CNA

Financial

Corp

4

.500

03/01/26

200,182‌

225,000

CNA

Financial

Corp

3

.450

08/15/27

213,461‌

100,000

CNA

Financial

Corp

3

.900

05/01/29

93,890‌

1,150,000

CNA

Financial

Corp

2

.050

08/15/30

924,841‌

500,000

CNO

Financial

Group,

Inc

5

.250

05/30/29

484,783‌

1,000,000

g

Corebridge

Financial,

Inc

3

.500

04/04/25

971,584‌

1,000,000

g

Corebridge

Financial,

Inc

3

.650

04/05/27

940,030‌

1,000,000

g

Corebridge

Financial,

Inc

3

.850

04/05/29

924,130‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

50

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

INSURANCE—continued

$

2,000,000

g

Corebridge

Financial,

Inc

3

.900

%

04/05/32

$

1,794,241‌

1,000,000

g

Corebridge

Financial,

Inc

4

.350

04/05/42

852,782‌

500,000

g

Corebridge

Financial,

Inc

4

.400

04/05/52

416,831‌

500,000

Enstar

Group

Ltd

4

.950

06/01/29

478,381‌

1,000,000

Enstar

Group

Ltd

3

.100

09/01/31

797,501‌

300,000

Everest

Reinsurance

Holdings,

Inc

4

.868

06/01/44

279,545‌

250,000

Everest

Reinsurance

Holdings,

Inc

3

.500

10/15/50

189,587‌

1,200,000

Everest

Reinsurance

Holdings,

Inc

3

.125

10/15/52

850,039‌

400,000

Fairfax

Financial

Holdings

Ltd

4

.850

04/17/28

397,477‌

500,000

Fairfax

Financial

Holdings

Ltd

4

.625

04/29/30

480,044‌

1,000,000

Fairfax

Financial

Holdings

Ltd

3

.375

03/03/31

864,358‌

300,000

Fidelity

National

Financial,

Inc

4

.500

08/15/28

289,201‌

1,000,000

Fidelity

National

Financial,

Inc

3

.400

06/15/30

874,925‌

500,000

Fidelity

National

Financial,

Inc

2

.450

03/15/31

397,924‌

400,000

Fidelity

National

Financial,

Inc

3

.200

09/17/51

251,890‌

750,000

First

American

Financial

Corp

4

.000

05/15/30

673,612‌

400,000

First

American

Financial

Corp

2

.400

08/15/31

308,418‌

350,000

Globe

Life,

Inc

2

.150

08/15/30

285,990‌

175,000

Globe

Life,

Inc

4

.800

06/15/32

171,939‌

200,000

Hanover

Insurance

Group,

Inc

4

.500

04/15/26

199,318‌

1,000,000

Hanover

Insurance

Group,

Inc

2

.500

09/01/30

834,544‌

750,000

Hartford

Financial

Services

Group,

Inc

2

.800

08/19/29

668,736‌

400,000

Hartford

Financial

Services

Group,

Inc

4

.300

04/15/43

353,995‌

450,000

Hartford

Financial

Services

Group,

Inc

4

.400

03/15/48

407,017‌

450,000

Hartford

Financial

Services

Group,

Inc

3

.600

08/19/49

357,193‌

475,000

Hartford

Financial

Services

Group,

Inc

2

.900

09/15/51

329,722‌

500,000

g

HCA,

Inc

3

.125

03/15/27

454,263‌

1,000,000

g

HCA,

Inc

3

.375

03/15/29

879,538‌

500,000

g

HCA,

Inc

3

.625

03/15/32

421,801‌

125,000

g

HCA,

Inc

4

.375

03/15/42

100,603‌

200,000

g

HCA,

Inc

4

.625

03/15/52

160,012‌

500,000

Humana,

Inc

3

.700

03/23/29

473,322‌

500,000

Jackson

Financial,

Inc

5

.170

06/08/27

495,668‌

1,500,000

g

Jackson

Financial,

Inc

3

.125

11/23/31

1,194,576‌

500,000

Jackson

Financial,

Inc

5

.670

06/08/32

483,043‌

1,000,000

g

Jackson

Financial,

Inc

4

.000

11/23/51

709,510‌

200,000

Kemper

Corp

4

.350

02/15/25

199,242‌

500,000

Kemper

Corp

2

.400

09/30/30

404,385‌

1,000,000

Kemper

Corp

3

.800

02/23/32

883,573‌

400,000

Leucadia

National

Corp

5

.500

10/18/23

404,090‌

625,000

Lincoln

National

Corp

4

.000

09/01/23

628,265‌

175,000

Lincoln

National

Corp

3

.350

03/09/25

171,608‌

600,000

Lincoln

National

Corp

3

.625

12/12/26

581,018‌

1,175,000

Lincoln

National

Corp

3

.800

03/01/28

1,121,540‌

650,000

Lincoln

National

Corp

3

.050

01/15/30

573,409‌

500,000

e

Lincoln

National

Corp

3

.400

01/15/31

446,926‌

1,000,000

Lincoln

National

Corp

3

.400

03/01/32

874,727‌

150,000

Lincoln

National

Corp

7

.000

06/15/40

171,242‌

250,000

Lincoln

National

Corp

4

.350

03/01/48

213,103‌

500,000

Lincoln

National

Corp

4

.375

06/15/50

428,589‌

200,000

Loews

Corp

2

.625

05/15/23

199,219‌

800,000

Loews

Corp

3

.750

04/01/26

793,555‌

400,000

Loews

Corp

3

.200

05/15/30

364,174‌

200,000

Loews

Corp

4

.125

05/15/43

170,782‌

700,000

Manulife

Financial

Corp

4

.150

03/04/26

691,059‌

1,000,000

Manulife

Financial

Corp

2

.484

05/19/27

912,735‌

1,300,000

Manulife

Financial

Corp

4

.061

02/24/32

1,202,058‌

1,000,000

Manulife

Financial

Corp

3

.703

03/16/32

918,953‌

200,000

Manulife

Financial

Corp

5

.375

03/04/46

212,893‌

600,000

Markel

Corp

3

.500

11/01/27

576,644‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

51

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

INSURANCE—continued

$

200,000

Markel

Corp

3

.350

%

09/17/29

$

183,664‌

150,000

Markel

Corp

5

.000

04/05/46

141,417‌

100,000

Markel

Corp

4

.300

11/01/47

86,187‌

750,000

Markel

Corp

5

.000

05/20/49

716,248‌

200,000

Markel

Corp

4

.150

09/17/50

166,346‌

1,500,000

Markel

Corp

3

.450

05/07/52

1,122,856‌

725,000

Marsh

&

McLennan

Cos,

Inc

3

.875

03/15/24

726,576‌

1,700,000

Marsh

&

McLennan

Cos,

Inc

4

.375

03/15/29

1,680,136‌

450,000

Marsh

&

McLennan

Cos,

Inc

2

.250

11/15/30

379,707‌

600,000

e

Marsh

&

McLennan

Cos,

Inc

2

.375

12/15/31

502,249‌

250,000

Marsh

&

McLennan

Cos,

Inc

4

.750

03/15/39

244,605‌

100,000

Marsh

&

McLennan

Cos,

Inc

4

.350

01/30/47

90,429‌

300,000

Marsh

&

McLennan

Cos,

Inc

4

.200

03/01/48

265,270‌

1,200,000

Marsh

&

McLennan

Cos,

Inc

4

.900

03/15/49

1,176,283‌

1,000,000

Marsh

&

McLennan

Cos,

Inc

2

.900

12/15/51

701,934‌

200,000

Mercury

General

Corp

4

.400

03/15/27

195,379‌

525,000

MetLife,

Inc

4

.368

09/15/23

531,266‌

700,000

MetLife,

Inc

3

.600

04/10/24

699,849‌

700,000

MetLife,

Inc

3

.600

11/13/25

695,512‌

675,000

MetLife,

Inc

6

.375

06/15/34

782,149‌

1,530,000

MetLife,

Inc

5

.700

06/15/35

1,670,079‌

130,000

MetLife,

Inc

5

.875

02/06/41

141,211‌

450,000

MetLife,

Inc

4

.125

08/13/42

404,615‌

750,000

MetLife,

Inc

4

.875

11/13/43

739,219‌

500,000

MetLife,

Inc

4

.721

12/15/44

469,036‌

800,000

MetLife,

Inc

4

.050

03/01/45

706,529‌

1,650,000

MetLife,

Inc

4

.600

05/13/46

1,598,197‌

20,000

Nationwide

Financial

Services

6

.750

05/15/37

19,700‌

200,000

Old

Republic

International

Corp

4

.875

10/01/24

203,097‌

100,000

Old

Republic

International

Corp

3

.875

08/26/26

97,185‌

1,500,000

Old

Republic

International

Corp

3

.850

06/11/51

1,132,151‌

500,000

PartnerRe

Finance

B

LLC

3

.700

07/02/29

474,883‌

500,000

PartnerRe

Finance

B

LLC

4

.500

10/01/50

416,031‌

725,000

Presbyterian

Healthcare

Services

4

.875

08/01/52

757,132‌

1,500,000

Primerica,

Inc

2

.800

11/19/31

1,255,192‌

150,000

Principal

Financial

Group,

Inc

3

.125

05/15/23

149,656‌

200,000

Principal

Financial

Group,

Inc

3

.400

05/15/25

195,774‌

850,000

Principal

Financial

Group,

Inc

3

.100

11/15/26

806,799‌

100,000

Principal

Financial

Group,

Inc

3

.700

05/15/29

94,052‌

1,000,000

Principal

Financial

Group,

Inc

2

.125

06/15/30

826,407‌

100,000

Principal

Financial

Group,

Inc

4

.625

09/15/42

92,465‌

200,000

Principal

Financial

Group,

Inc

4

.350

05/15/43

178,551‌

300,000

Principal

Financial

Group,

Inc

4

.300

11/15/46

276,636‌

650,000

Progressive

Corp

2

.450

01/15/27

612,672‌

750,000

Progressive

Corp

2

.500

03/15/27

708,917‌

250,000

Progressive

Corp

4

.000

03/01/29

246,962‌

100,000

Progressive

Corp

3

.200

03/26/30

93,029‌

125,000

Progressive

Corp

3

.000

03/15/32

111,966‌

120,000

Progressive

Corp

6

.250

12/01/32

137,769‌

300,000

Progressive

Corp

4

.350

04/25/44

278,225‌

300,000

Progressive

Corp

3

.700

01/26/45

255,921‌

950,000

Progressive

Corp

4

.125

04/15/47

861,328‌

750,000

Progressive

Corp

4

.200

03/15/48

688,186‌

100,000

Progressive

Corp

3

.950

03/26/50

87,894‌

500,000

Progressive

Corp

3

.700

03/15/52

418,889‌

200,000

Prudential

Financial,

Inc

1

.500

03/10/26

183,428‌

195,000

Prudential

Financial,

Inc

3

.878

03/27/28

190,381‌

500,000

e

Prudential

Financial,

Inc

2

.100

03/10/30

426,308‌

450,000

Prudential

Financial,

Inc

5

.700

12/14/36

488,949‌

500,000

Prudential

Financial,

Inc

3

.000

03/10/40

403,856‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

52

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

INSURANCE—continued

$

600,000

Prudential

Financial,

Inc

5

.200

%

03/15/44

$

567,222‌

1,700,000

Prudential

Financial,

Inc

4

.600

05/15/44

1,592,985‌

200,000

Prudential

Financial,

Inc

5

.375

05/15/45

190,888‌

2,300,000

e

Prudential

Financial,

Inc

4

.500

09/15/47

2,048,106‌

300,000

Prudential

Financial,

Inc

4

.418

03/27/48

277,597‌

2,400,000

Prudential

Financial,

Inc

5

.700

09/15/48

2,331,475‌

799,000

Prudential

Financial,

Inc

3

.935

12/07/49

687,755‌

450,000

Prudential

Financial,

Inc

4

.350

02/25/50

414,318‌

1,000,000

Prudential

Financial,

Inc

3

.700

03/13/51

834,882‌

675,000

Prudential

Financial,

Inc

5

.125

03/01/52

623,126‌

200,000

e

Prudential

plc

3

.125

04/14/30

184,075‌

1,000,000

Prudential

plc

3

.625

03/24/32

926,774‌

250,000

Reinsurance

Group

of

America,

Inc

4

.700

09/15/23

252,157‌

750,000

Reinsurance

Group

of

America,

Inc

3

.900

05/15/29

705,420‌

350,000

Reinsurance

Group

of

America,

Inc

3

.150

06/15/30

309,196‌

200,000

RenaissanceRe

Finance,

Inc

3

.700

04/01/25

197,965‌

200,000

RenaissanceRe

Finance,

Inc

3

.450

07/01/27

190,421‌

300,000

RenaissanceRe

Holdings

Ltd

3

.600

04/15/29

280,836‌

1,000,000

Stewart

Information

Services

Corp

3

.600

11/15/31

829,460‌

350,000

Torchmark

Corp

4

.550

09/15/28

345,010‌

20,000

Transatlantic

Holdings,

Inc

8

.000

11/30/39

25,768‌

600,000

Travelers

Cos,

Inc

5

.350

11/01/40

628,523‌

200,000

Travelers

Cos,

Inc

4

.600

08/01/43

189,684‌

250,000

Travelers

Cos,

Inc

4

.300

08/25/45

231,052‌

1,100,000

Travelers

Cos,

Inc

4

.000

05/30/47

974,093‌

500,000

Travelers

Cos,

Inc

4

.050

03/07/48

450,473‌

900,000

Travelers

Cos,

Inc

4

.100

03/04/49

812,932‌

2,000,000

Travelers

Cos,

Inc

3

.050

06/08/51

1,520,480‌

100,000

Travelers

Property

Casualty

Corp

6

.375

03/15/33

117,393‌

2,000,000

e

UnitedHealth

Group,

Inc

3

.700

05/15/27

1,992,928‌

1,500,000

UnitedHealth

Group,

Inc

4

.000

05/15/29

1,485,752‌

800,000

UnitedHealth

Group,

Inc

4

.200

05/15/32

799,348‌

450,000

UnitedHealth

Group,

Inc

4

.750

05/15/52

449,770‌

500,000

UnitedHealth

Group,

Inc

4

.950

05/15/62

506,938‌

200,000

Unum

Group

4

.000

03/15/24

199,949‌

500,000

Unum

Group

4

.000

06/15/29

471,150‌

300,000

Unum

Group

5

.750

08/15/42

280,438‌

500,000

Unum

Group

4

.500

12/15/49

387,503‌

1,000,000

Unum

Group

4

.125

06/15/51

737,515‌

1,000,000

W

R

Berkley

Corp

3

.550

03/30/52

768,070‌

400,000

W

R

Berkley

Corp

3

.150

09/30/61

261,573‌

425,000

Willis

North

America,

Inc

3

.600

05/15/24

418,618‌

1,000,000

Willis

North

America,

Inc

4

.650

06/15/27

983,643‌

500,000

Willis

North

America,

Inc

4

.500

09/15/28

479,933‌

900,000

Willis

North

America,

Inc

2

.950

09/15/29

771,581‌

300,000

Willis

North

America,

Inc

5

.050

09/15/48

279,831‌

500,000

Willis

North

America,

Inc

3

.875

09/15/49

387,877‌

200,000

WR

Berkley

Corp

4

.750

08/01/44

186,884‌

650,000

WR

Berkley

Corp

4

.000

05/12/50

542,389‌

200,000

XLIT

Ltd

5

.250

12/15/43

211,944‌

300,000

XLIT

Ltd

5

.500

03/31/45

310,786‌

TOTAL

INSURANCE

164,070,769‌

MATERIALS

-

0

.7

%

300,000

Air

Products

&

Chemicals,

Inc

3

.350

07/31/24

299,125‌

175,000

Air

Products

&

Chemicals,

Inc

1

.500

10/15/25

164,719‌

500,000

Air

Products

&

Chemicals,

Inc

1

.850

05/15/27

454,992‌

2,125,000

Air

Products

&

Chemicals,

Inc

2

.050

05/15/30

1,836,739‌

125,000

Air

Products

&

Chemicals,

Inc

2

.700

05/15/40

99,967‌

1,250,000

Air

Products

&

Chemicals,

Inc

2

.800

05/15/50

943,505‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

53

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

750,000

Albemarle

Corp

4

.650

%

06/01/27

$

738,080‌

1,000,000

Albemarle

Corp

5

.050

06/01/32

976,581‌

1,000,000

Albemarle

Corp

5

.650

06/01/52

999,710‌

500,000

Amcor

Finance

USA,

Inc

3

.625

04/28/26

481,119‌

400,000

Amcor

Finance

USA,

Inc

4

.500

05/15/28

394,250‌

2,000,000

Amcor

Flexibles

North

America,

Inc

2

.690

05/25/31

1,631,837‌

375,000

AngloGold

Ashanti

Holdings

plc

3

.750

10/01/30

308,725‌

1,000,000

AptarGroup,

Inc

3

.600

03/15/32

886,982‌

300,000

Avery

Dennison

Corp

4

.875

12/06/28

300,497‌

500,000

Avery

Dennison

Corp

2

.650

04/30/30

417,766‌

1,000,000

Avery

Dennison

Corp

2

.250

02/15/32

792,223‌

100,000

Barrick

Australian

Finance

Pty

Ltd

5

.950

10/15/39

105,331‌

2,250,000

Barrick

Gold

Corp

5

.250

04/01/42

2,214,475‌

500,000

Barrick

North

America

Finance

LLC

5

.750

05/01/43

520,400‌

100,000

Bemis

Co,

Inc

3

.100

09/15/26

95,846‌

200,000

Bemis

Co,

Inc

2

.630

06/19/30

163,991‌

625,000

Berry

Global,

Inc

0

.950

02/15/24

592,004‌

1,375,000

Berry

Global,

Inc

1

.570

01/15/26

1,226,114‌

625,000

Berry

Global,

Inc

1

.650

01/15/27

547,057‌

825,000

BHP

Billiton

Finance

USA

Ltd

4

.125

02/24/42

768,511‌

1,925,000

BHP

Billiton

Finance

USA

Ltd

5

.000

09/30/43

1,978,793‌

500,000

Cabot

Corp

4

.000

07/01/29

469,197‌

1,000,000

Cabot

Corp

5

.000

06/30/32

970,858‌

400,000

Celulosa

Arauco

y

Constitucion

S.A.

4

.500

08/01/24

396,800‌

375,000

Celulosa

Arauco

y

Constitucion

S.A.

3

.875

11/02/27

344,531‌

200,000

Celulosa

Arauco

y

Constitucion

S.A.

5

.500

11/02/47

166,500‌

725,000

Church

&

Dwight

Co,

Inc

5

.000

06/15/52

741,169‌

750,000

Clorox

Co

4

.400

05/01/29

746,596‌

375,000

Clorox

Co

4

.600

05/01/32

376,685‌

14,000

Dow

Chemical

Co

4

.550

11/30/25

14,285‌

300,000

Dow

Chemical

Co

4

.800

11/30/28

301,140‌

81,000

Dow

Chemical

Co

7

.375

11/01/29

94,013‌

1,000,000

Dow

Chemical

Co

2

.100

11/15/30

823,989‌

982,000

Dow

Chemical

Co

4

.250

10/01/34

931,453‌

131,000

Dow

Chemical

Co

9

.400

05/15/39

187,155‌

275,000

Dow

Chemical

Co

5

.250

11/15/41

269,157‌

1,200,000

Dow

Chemical

Co

4

.375

11/15/42

1,057,020‌

400,000

Dow

Chemical

Co

4

.625

10/01/44

360,303‌

825,000

Dow

Chemical

Co

5

.550

11/30/48

832,606‌

750,000

Dow

Chemical

Co

4

.800

05/15/49

681,652‌

1,000,000

Dow

Chemical

Co

3

.600

11/15/50

763,412‌

1,600,000

DowDuPont,

Inc

4

.493

11/15/25

1,610,893‌

2,300,000

DowDuPont,

Inc

4

.725

11/15/28

2,307,556‌

150,000

DowDuPont,

Inc

5

.319

11/15/38

148,481‌

2,325,000

DowDuPont,

Inc

5

.419

11/15/48

2,308,727‌

1,500,000

Eagle

Materials,

Inc

2

.500

07/01/31

1,184,692‌

727,000

Eastman

Chemical

Co

3

.800

03/15/25

717,795‌

700,000

Eastman

Chemical

Co

4

.500

12/01/28

686,988‌

150,000

Eastman

Chemical

Co

4

.800

09/01/42

133,246‌

525,000

Eastman

Chemical

Co

4

.650

10/15/44

452,425‌

750,000

Ecolab,

Inc

2

.700

11/01/26

722,743‌

1,000,000

Ecolab,

Inc

1

.650

02/01/27

914,363‌

300,000

Ecolab,

Inc

3

.250

12/01/27

292,284‌

1,000,000

e

Ecolab,

Inc

1

.300

01/30/31

799,931‌

1,000,000

e

Ecolab,

Inc

2

.125

02/01/32

843,422‌

150,000

e

Ecolab,

Inc

2

.125

08/15/50

96,141‌

1,000,000

Ecolab,

Inc

2

.700

12/15/51

713,144‌

1,370,000

Ecolab,

Inc

2

.750

08/18/55

954,128‌

350,000

EI

du

Pont

de

Nemours

and

Co

1

.700

07/15/25

329,115‌

175,000

EI

du

Pont

de

Nemours

and

Co

2

.300

07/15/30

151,008‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

54

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

700,000

Fibria

Overseas

Finance

Ltd

5

.500

%

01/17/27

$

694,050‌

200,000

FMC

Corp

4

.100

02/01/24

200,306‌

500,000

FMC

Corp

3

.200

10/01/26

476,157‌

500,000

FMC

Corp

3

.450

10/01/29

453,576‌

500,000

FMC

Corp

4

.500

10/01/49

428,329‌

1,000,000

Freeport-McMoRan,

Inc

4

.125

03/01/28

928,270‌

1,000,000

Freeport-McMoRan,

Inc

4

.375

08/01/28

933,967‌

1,000,000

Freeport-McMoRan,

Inc

5

.250

09/01/29

955,000‌

1,000,000

Freeport-McMoRan,

Inc

4

.250

03/01/30

909,939‌

300,000

Georgia-Pacific

LLC

8

.000

01/15/24

317,804‌

750,000

Georgia-Pacific

LLC

7

.750

11/15/29

905,028‌

600,000

Huntsman

International

LLC

4

.500

05/01/29

565,765‌

2,000,000

Huntsman

International

LLC

2

.950

06/15/31

1,660,556‌

300,000

International

Flavors

&

Fragrances,

Inc

3

.200

05/01/23

298,877‌

100,000

International

Flavors

&

Fragrances,

Inc

4

.450

09/26/28

97,710‌

200,000

International

Flavors

&

Fragrances,

Inc

4

.375

06/01/47

170,078‌

675,000

International

Flavors

&

Fragrances,

Inc

5

.000

09/26/48

628,815‌

450,000

International

Paper

Co

6

.000

11/15/41

467,117‌

390,000

International

Paper

Co

4

.800

06/15/44

366,080‌

2,425,000

e

International

Paper

Co

4

.350

08/15/48

2,153,225‌

1,000,000

Kinross

Gold

Corp

4

.500

07/15/27

974,120‌

150,000

Lubrizol

Corp

6

.500

10/01/34

179,175‌

170,000

LYB

International

Finance

BV

4

.000

07/15/23

169,860‌

575,000

LYB

International

Finance

BV

5

.250

07/15/43

537,199‌

550,000

LYB

International

Finance

BV

4

.875

03/15/44

495,867‌

491,000

LYB

International

Finance

III

LLC

1

.250

10/01/25

444,287‌

150,000

LYB

International

Finance

III

LLC

2

.250

10/01/30

123,693‌

150,000

LYB

International

Finance

III

LLC

3

.375

10/01/40

115,483‌

1,000,000

LYB

International

Finance

III

LLC

4

.200

10/15/49

812,598‌

750,000

LYB

International

Finance

III

LLC

4

.200

05/01/50

609,392‌

1,000,000

LYB

International

Finance

III

LLC

3

.625

04/01/51

739,018‌

500,000

LYB

International

Finance

III

LLC

3

.800

10/01/60

354,351‌

741,000

LyondellBasell

Industries

NV

5

.750

04/15/24

757,951‌

475,000

LyondellBasell

Industries

NV

4

.625

02/26/55

406,193‌

200,000

Martin

Marietta

Materials,

Inc

4

.250

07/02/24

200,965‌

200,000

Martin

Marietta

Materials,

Inc

3

.450

06/01/27

190,827‌

325,000

Martin

Marietta

Materials,

Inc

3

.500

12/15/27

306,985‌

250,000

Martin

Marietta

Materials,

Inc

2

.500

03/15/30

210,886‌

1,000,000

Martin

Marietta

Materials,

Inc

2

.400

07/15/31

817,144‌

450,000

Martin

Marietta

Materials,

Inc

4

.250

12/15/47

375,577‌

1,000,000

Martin

Marietta

Materials,

Inc

3

.200

07/15/51

708,911‌

1,000,000

Mosaic

Co

4

.250

11/15/23

1,006,954‌

800,000

Mosaic

Co

4

.050

11/15/27

782,479‌

300,000

Mosaic

Co

5

.450

11/15/33

309,042‌

100,000

Mosaic

Co

4

.875

11/15/41

91,410‌

600,000

Mosaic

Co

5

.625

11/15/43

619,498‌

1,000,000

NewMarket

Corp

2

.700

03/18/31

826,728‌

250,000

Newmont

Corp

2

.250

10/01/30

207,514‌

1,350,000

Newmont

Corp

2

.600

07/15/32

1,114,019‌

1,300,000

Newmont

Goldcorp

Corp

2

.800

10/01/29

1,147,997‌

298,000

Newmont

Goldcorp

Corp

5

.875

04/01/35

315,178‌

235,000

Newmont

Goldcorp

Corp

6

.250

10/01/39

258,803‌

975,000

Newmont

Goldcorp

Corp

4

.875

03/15/42

929,983‌

300,000

Newmont

Goldcorp

Corp

5

.450

06/09/44

300,597‌

275,000

Nucor

Corp

2

.000

06/01/25

258,785‌

500,000

Nucor

Corp

4

.300

05/23/27

498,105‌

425,000

Nucor

Corp

3

.950

05/01/28

410,543‌

3,150,000

Nucor

Corp

2

.700

06/01/30

2,725,478‌

500,000

Nucor

Corp

3

.125

04/01/32

434,605‌

1,000,000

Nucor

Corp

2

.979

12/15/55

676,598‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

55

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

150,000

Nutrien

Ltd

3

.150

%

10/01/22

$

150,095‌

500,000

Nutrien

Ltd

1

.900

05/13/23

491,999‌

200,000

Nutrien

Ltd

3

.000

04/01/25

195,245‌

700,000

Nutrien

Ltd

4

.000

12/15/26

693,733‌

550,000

Nutrien

Ltd

4

.200

04/01/29

534,280‌

500,000

Nutrien

Ltd

2

.950

05/13/30

444,930‌

200,000

Nutrien

Ltd

4

.125

03/15/35

184,554‌

200,000

Nutrien

Ltd

5

.625

12/01/40

208,808‌

200,000

Nutrien

Ltd

4

.900

06/01/43

192,032‌

691,000

Nutrien

Ltd

5

.250

01/15/45

686,552‌

1,050,000

Nutrien

Ltd

5

.000

04/01/49

1,044,874‌

300,000

Nutrien

Ltd

3

.950

05/13/50

256,301‌

500,000

Owens

Corning

4

.200

12/01/24

499,469‌

300,000

Owens

Corning

3

.400

08/15/26

286,647‌

500,000

Owens

Corning

3

.950

08/15/29

463,795‌

300,000

Owens

Corning

3

.875

06/01/30

273,923‌

525,000

Owens

Corning

4

.300

07/15/47

428,081‌

350,000

Owens

Corning

4

.400

01/30/48

289,310‌

100,000

Packaging

Corp

of

America

3

.650

09/15/24

99,547‌

550,000

Packaging

Corp

of

America

3

.400

12/15/27

530,548‌

100,000

Packaging

Corp

of

America

3

.000

12/15/29

89,367‌

500,000

Packaging

Corp

of

America

4

.050

12/15/49

414,230‌

1,500,000

Packaging

Corp

of

America

3

.050

10/01/51

1,062,330‌

300,000

PPG

Industries,

Inc

3

.200

03/15/23

299,398‌

500,000

PPG

Industries,

Inc

2

.400

08/15/24

486,535‌

250,000

PPG

Industries,

Inc

1

.200

03/15/26

224,589‌

425,000

PPG

Industries,

Inc

3

.750

03/15/28

416,556‌

500,000

PPG

Industries,

Inc

2

.550

06/15/30

440,077‌

300,000

Praxair,

Inc

2

.650

02/05/25

294,429‌

1,000,000

Praxair,

Inc

3

.200

01/30/26

996,608‌

725,000

Praxair,

Inc

1

.100

08/10/30

579,871‌

625,000

Praxair,

Inc

3

.550

11/07/42

541,353‌

225,000

Praxair,

Inc

2

.000

08/10/50

141,555‌

300,000

Reliance

Steel

&

Aluminum

Co

4

.500

04/15/23

300,922‌

500,000

Reliance

Steel

&

Aluminum

Co

1

.300

08/15/25

455,328‌

500,000

Reliance

Steel

&

Aluminum

Co

2

.150

08/15/30

405,112‌

414,000

Rio

Tinto

Alcan,

Inc

6

.125

12/15/33

469,795‌

350,000

Rio

Tinto

Finance

USA

Ltd

5

.200

11/02/40

364,510‌

1,000,000

Rio

Tinto

Finance

USA

Ltd

2

.750

11/02/51

731,073‌

1,400,000

Rio

Tinto

Finance

USA

plc

4

.125

08/21/42

1,288,727‌

100,000

RPM

International,

Inc

3

.750

03/15/27

95,613‌

300,000

RPM

International,

Inc

4

.550

03/01/29

289,440‌

1,000,000

RPM

International,

Inc

2

.950

01/15/32

829,845‌

100,000

RPM

International,

Inc

5

.250

06/01/45

92,290‌

200,000

RPM

International,

Inc

4

.250

01/15/48

168,076‌

200,000

Sherwin-Williams

Co

3

.450

08/01/25

195,645‌

200,000

Sherwin-Williams

Co

3

.950

01/15/26

198,116‌

925,000

Sherwin-Williams

Co

3

.450

06/01/27

881,596‌

500,000

Sherwin-Williams

Co

2

.950

08/15/29

447,329‌

500,000

Sherwin-Williams

Co

2

.300

05/15/30

421,948‌

950,000

Sherwin-Williams

Co

2

.200

03/15/32

764,474‌

200,000

Sherwin-Williams

Co

4

.000

12/15/42

164,807‌

900,000

Sherwin-Williams

Co

4

.500

06/01/47

797,558‌

900,000

Sherwin-Williams

Co

3

.800

08/15/49

719,718‌

500,000

e

Sherwin-Williams

Co

3

.300

05/15/50

370,177‌

1,000,000

Sherwin-Williams

Co

2

.900

03/15/52

681,081‌

650,000

Sonoco

Products

Co

2

.250

02/01/27

584,613‌

750,000

Sonoco

Products

Co

3

.125

05/01/30

656,553‌

1,000,000

Sonoco

Products

Co

2

.850

02/01/32

834,887‌

300,000

Southern

Copper

Corp

3

.875

04/23/25

296,100‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

56

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

100,000

Southern

Copper

Corp

7

.500

%

07/27/35

$

118,301‌

1,180,000

Southern

Copper

Corp

6

.750

04/16/40

1,332,810‌

1,500,000

Southern

Copper

Corp

5

.875

04/23/45

1,552,500‌

250,000

Steel

Dynamics,

Inc

2

.800

12/15/24

243,993‌

100,000

Steel

Dynamics,

Inc

2

.400

06/15/25

94,593‌

1,000,000

Steel

Dynamics,

Inc

1

.650

10/15/27

858,396‌

750,000

Steel

Dynamics,

Inc

3

.450

04/15/30

667,893‌

100,000

Steel

Dynamics,

Inc

3

.250

01/15/31

86,776‌

500,000

Steel

Dynamics,

Inc

3

.250

10/15/50

343,838‌

700,000

Suzano

Austria

GmbH

2

.500

09/15/28

568,750‌

1,900,000

Suzano

Austria

GmbH

6

.000

01/15/29

1,883,223‌

1,000,000

Suzano

Austria

GmbH

3

.750

01/15/31

807,500‌

1,500,000

Suzano

Austria

GmbH

3

.125

01/15/32

1,129,260‌

750,000

Vulcan

Materials

Co

4

.500

04/01/25

763,201‌

100,000

Vulcan

Materials

Co

3

.900

04/01/27

98,439‌

275,000

Vulcan

Materials

Co

3

.500

06/01/30

249,325‌

475,000

Vulcan

Materials

Co

4

.500

06/15/47

422,294‌

200,000

Vulcan

Materials

Co

4

.700

03/01/48

182,895‌

200,000

Westlake

Chemical

Corp

0

.875

08/15/24

190,880‌

500,000

Westlake

Chemical

Corp

3

.600

08/15/26

486,752‌

1,000,000

Westlake

Chemical

Corp

3

.375

06/15/30

896,378‌

500,000

Westlake

Chemical

Corp

2

.875

08/15/41

354,626‌

500,000

Westlake

Chemical

Corp

5

.000

08/15/46

477,933‌

200,000

Westlake

Chemical

Corp

4

.375

11/15/47

170,592‌

500,000

e

Westlake

Chemical

Corp

3

.125

08/15/51

348,834‌

500,000

Westlake

Chemical

Corp

3

.375

08/15/61

336,657‌

250,000

WRKCo,

Inc

3

.000

09/15/24

244,282‌

425,000

WRKCo,

Inc

3

.750

03/15/25

421,201‌

525,000

WRKCo,

Inc

4

.650

03/15/26

528,173‌

300,000

WRKCo,

Inc

3

.375

09/15/27

284,407‌

325,000

WRKCo,

Inc

4

.000

03/15/28

317,044‌

240,000

WRKCo,

Inc

3

.900

06/01/28

231,328‌

950,000

WRKCo,

Inc

4

.900

03/15/29

952,858‌

685,000

WRKCo,

Inc

4

.200

06/01/32

647,066‌

400,000

WRKCo,

Inc

3

.000

06/15/33

338,979‌

750,000

Yamana

Gold,

Inc

2

.630

08/15/31

601,621‌

TOTAL

MATERIALS

128,570,941‌

MEDIA

&

ENTERTAINMENT

-

1

.3

%

475,000

Activision

Blizzard,

Inc

3

.400

09/15/26

466,194‌

300,000

Activision

Blizzard,

Inc

3

.400

06/15/27

290,357‌

250,000

Activision

Blizzard,

Inc

1

.350

09/15/30

200,717‌

300,000

Activision

Blizzard,

Inc

4

.500

06/15/47

290,206‌

1,100,000

Activision

Blizzard,

Inc

2

.500

09/15/50

753,337‌

1,000,000

AdventHealth

Obligated

Group

2

.795

11/15/51

711,661‌

550,000

Agree

LP

2

.000

06/15/28

469,601‌

150,000

Agree

LP

2

.900

10/01/30

127,191‌

1,000,000

Agree

LP

2

.600

06/15/33

791,838‌

875,000

Alphabet,

Inc

3

.375

02/25/24

879,893‌

675,000

Alphabet,

Inc

0

.450

08/15/25

620,384‌

1,250,000

Alphabet,

Inc

1

.998

08/15/26

1,183,589‌

1,000,000

Alphabet,

Inc

0

.800

08/15/27

868,674‌

850,000

Alphabet,

Inc

1

.100

08/15/30

697,615‌

1,000,000

Alphabet,

Inc

1

.900

08/15/40

716,856‌

2,800,000

Alphabet,

Inc

2

.050

08/15/50

1,877,151‌

1,100,000

Alphabet,

Inc

2

.250

08/15/60

714,685‌

1,000,000

American

Assets

Trust

LP

3

.375

02/01/31

855,656‌

2,000,000

AstraZeneca

Finance

LLC

1

.200

05/28/26

1,809,259‌

2,000,000

AstraZeneca

Finance

LLC

1

.750

05/28/28

1,764,424‌

225,000

e

AstraZeneca

Finance

LLC

2

.250

05/28/31

195,862‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

57

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

700,000

Baidu,

Inc

3

.875

%

09/29/23

$

702,366‌

525,000

Baidu,

Inc

4

.375

05/14/24

528,562‌

200,000

e

Baidu,

Inc

3

.075

04/07/25

194,589‌

1,000,000

Baidu,

Inc

1

.720

04/09/26

916,319‌

535,000

Baidu,

Inc

1

.625

02/23/27

476,611‌

300,000

e

Baidu,

Inc

3

.625

07/06/27

288,219‌

500,000

e

Baidu,

Inc

4

.375

03/29/28

491,299‌

500,000

Baidu,

Inc

4

.875

11/14/28

504,728‌

300,000

Baidu,

Inc

3

.425

04/07/30

275,967‌

750,000

Baidu,

Inc

2

.375

10/09/30

628,618‌

1,000,000

e

Baidu,

Inc

2

.375

08/23/31

830,095‌

1,000,000

Bain

Capital

Specialty

Finance,

Inc

2

.550

10/13/26

856,100‌

1,000,000

g

Blackstone

Private

Credit

Fund

4

.700

03/24/25

960,650‌

1,800,000

g

Blackstone

Private

Credit

Fund

2

.625

12/15/26

1,508,093‌

1,000,000

g

Blackstone

Private

Credit

Fund

3

.250

03/15/27

848,422‌

1,000,000

g

Blackstone

Private

Credit

Fund

4

.000

01/15/29

819,447‌

750,000

Blackstone

Secured

Lending

Fund

3

.650

07/14/23

734,980‌

750,000

Blackstone

Secured

Lending

Fund

3

.625

01/15/26

683,418‌

1,400,000

Blackstone

Secured

Lending

Fund

2

.750

09/16/26

1,222,361‌

1,000,000

h

Blackstone

Secured

Lending

Fund

2

.125

02/15/27

836,249‌

1,000,000

h

Blackstone

Secured

Lending

Fund

2

.850

09/30/28

806,431‌

1,000,000

Broadstone

Net

Lease

LLC

2

.600

09/15/31

815,510‌

1,000,000

Brookfield

Finance

I

UK

PLC

2

.340

01/30/32

803,658‌

1,000,000

Brown

University

in

Providence

in

the

State

of

Rhode

Island

and

Providence

Plant

2

.924

09/01/50

777,533‌

2,000,000

Cedars-Sinai

Health

System

2

.288

08/15/31

1,721,208‌

225,000

Charter

Communications

Operating

LLC

4

.500

02/01/24

226,331‌

3,650,000

Charter

Communications

Operating

LLC

4

.908

07/23/25

3,658,468‌

950,000

Charter

Communications

Operating

LLC

3

.750

02/15/28

877,286‌

2,750,000

Charter

Communications

Operating

LLC

4

.200

03/15/28

2,569,325‌

650,000

Charter

Communications

Operating

LLC

2

.250

01/15/29

534,084‌

2,000,000

Charter

Communications

Operating

LLC

2

.800

04/01/31

1,601,716‌

1,500,000

Charter

Communications

Operating

LLC

2

.300

02/01/32

1,134,942‌

1,000,000

Charter

Communications

Operating

LLC

4

.400

04/01/33

892,838‌

750,000

Charter

Communications

Operating

LLC

6

.384

10/23/35

754,285‌

1,500,000

Charter

Communications

Operating

LLC

5

.375

04/01/38

1,333,240‌

1,500,000

Charter

Communications

Operating

LLC

3

.500

06/01/41

1,049,851‌

1,000,000

Charter

Communications

Operating

LLC

3

.500

03/01/42

693,941‌

1,550,000

Charter

Communications

Operating

LLC

6

.484

10/23/45

1,506,863‌

1,400,000

Charter

Communications

Operating

LLC

5

.375

05/01/47

1,192,046‌

1,375,000

Charter

Communications

Operating

LLC

5

.750

04/01/48

1,232,488‌

1,600,000

Charter

Communications

Operating

LLC

5

.125

07/01/49

1,324,354‌

2,500,000

Charter

Communications

Operating

LLC

4

.800

03/01/50

1,980,900‌

2,500,000

Charter

Communications

Operating

LLC

3

.700

04/01/51

1,691,738‌

3,000,000

Charter

Communications

Operating

LLC

3

.900

06/01/52

2,082,643‌

500,000

Charter

Communications

Operating

LLC

5

.250

04/01/53

422,507‌

2,000,000

Charter

Communications

Operating

LLC

3

.850

04/01/61

1,315,271‌

1,500,000

Charter

Communications

Operating

LLC

4

.400

12/01/61

1,078,812‌

1,000,000

Charter

Communications

Operating

LLC

3

.950

06/30/62

668,034‌

500,000

Charter

Communications

Operating

LLC

5

.500

04/01/63

424,699‌

1,000,000

Children's

Health

System

of

Texas

2

.511

08/15/50

676,837‌

1,000,000

Cleco

Securitization

I

LLC

0

.000

09/01/42

967,420‌

2,025,000

Comcast

Corp

3

.700

04/15/24

2,029,846‌

850,000

Comcast

Corp

3

.375

02/15/25

842,760‌

350,000

Comcast

Corp

3

.375

08/15/25

345,044‌

1,550,000

Comcast

Corp

3

.950

10/15/25

1,556,115‌

1,950,000

Comcast

Corp

3

.150

03/01/26

1,898,087‌

1,025,000

Comcast

Corp

2

.350

01/15/27

955,461‌

1,450,000

Comcast

Corp

3

.300

02/01/27

1,409,365‌

900,000

Comcast

Corp

3

.150

02/15/28

857,908‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

58

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

2,675,000

Comcast

Corp

4

.150

%

10/15/28

$

2,667,576‌

5,000,000

Comcast

Corp

3

.400

04/01/30

4,691,387‌

3,300,000

Comcast

Corp

4

.250

10/15/30

3,253,637‌

1,950,000

Comcast

Corp

1

.950

01/15/31

1,622,116‌

3,850,000

Comcast

Corp

1

.500

02/15/31

3,094,209‌

1,925,000

Comcast

Corp

4

.250

01/15/33

1,891,220‌

150,000

Comcast

Corp

7

.050

03/15/33

179,890‌

200,000

Comcast

Corp

4

.200

08/15/34

192,355‌

500,000

Comcast

Corp

4

.400

08/15/35

484,516‌

36,000

Comcast

Corp

6

.500

11/15/35

42,015‌

3,475,000

Comcast

Corp

3

.200

07/15/36

2,942,294‌

3,150,000

Comcast

Corp

3

.900

03/01/38

2,848,815‌

1,000,000

Comcast

Corp

3

.250

11/01/39

821,894‌

3,800,000

Comcast

Corp

3

.750

04/01/40

3,330,552‌

1,275,000

Comcast

Corp

3

.400

07/15/46

1,018,515‌

631,000

Comcast

Corp

3

.969

11/01/47

545,638‌

1,500,000

Comcast

Corp

4

.000

03/01/48

1,303,947‌

1,407,000

Comcast

Corp

3

.999

11/01/49

1,226,908‌

2,525,000

Comcast

Corp

3

.450

02/01/50

2,008,488‌

425,000

Comcast

Corp

2

.800

01/15/51

300,690‌

2,237,000

Comcast

Corp

2

.887

11/01/51

1,598,044‌

1,050,000

e

Comcast

Corp

2

.450

08/15/52

696,898‌

4,708,000

Comcast

Corp

2

.937

11/01/56

3,271,564‌

850,000

Comcast

Corp

2

.650

08/15/62

548,769‌

6,758,000

Comcast

Corp

2

.987

11/01/63

4,609,449‌

485,000

Cottage

Health

Obligated

Group

3

.304

11/01/49

391,189‌

750,000

DH

Europe

Finance

II

Sarl

2

.200

11/15/24

719,450‌

300,000

DH

Europe

Finance

II

Sarl

2

.600

11/15/29

269,008‌

550,000

DH

Europe

Finance

II

Sarl

3

.250

11/15/39

456,253‌

1,000,000

DH

Europe

Finance

II

Sarl

3

.400

11/15/49

803,457‌

300,000

Discovery

Communications

LLC

3

.800

03/13/24

298,401‌

200,000

Discovery

Communications

LLC

3

.900

11/15/24

196,776‌

350,000

Discovery

Communications

LLC

3

.450

03/15/25

338,878‌

200,000

Discovery

Communications

LLC

3

.950

06/15/25

195,542‌

500,000

Discovery

Communications

LLC

4

.900

03/11/26

502,195‌

2,275,000

Discovery

Communications

LLC

3

.950

03/20/28

2,123,612‌

1,000,000

Discovery

Communications

LLC

4

.125

05/15/29

922,442‌

250,000

Discovery

Communications

LLC

3

.625

05/15/30

222,283‌

1,400,000

Discovery

Communications

LLC

5

.200

09/20/47

1,200,891‌

1,400,000

Discovery

Communications

LLC

5

.300

05/15/49

1,198,687‌

500,000

Discovery

Communications

LLC

4

.650

05/15/50

393,181‌

1,175,000

Discovery

Communications

LLC

4

.000

09/15/55

823,094‌

1,000,000

Electronic

Arts,

Inc

1

.850

02/15/31

812,433‌

1,000,000

Electronic

Arts,

Inc

2

.950

02/15/51

728,709‌

500,000

Extra

Space

Storage

LP

3

.900

04/01/29

468,214‌

700,000

Extra

Space

Storage

LP

2

.550

06/01/31

575,891‌

1,000,000

Extra

Space

Storage

LP

2

.350

03/15/32

792,685‌

500,000

Fox

Corp

4

.030

01/25/24

500,043‌

500,000

Fox

Corp

3

.050

04/07/25

484,132‌

2,250,000

Fox

Corp

4

.709

01/25/29

2,205,940‌

500,000

Fox

Corp

3

.500

04/08/30

453,670‌

1,500,000

Fox

Corp

5

.476

01/25/39

1,456,241‌

650,000

Fox

Corp

5

.576

01/25/49

634,050‌

500,000

GE

Capital

Funding

LLC

3

.450

05/15/25

490,969‌

3,000,000

GE

Capital

Funding

LLC

4

.550

05/15/32

2,893,628‌

366,000

Grupo

Televisa

SAB

6

.625

03/18/25

384,357‌

200,000

Grupo

Televisa

SAB

4

.625

01/30/26

199,736‌

1,100,000

Grupo

Televisa

SAB

5

.000

05/13/45

1,021,651‌

700,000

Grupo

Televisa

SAB

6

.125

01/31/46

771,536‌

500,000

Grupo

Televisa

SAB

5

.250

05/24/49

491,300‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

59

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

1,900,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.375

%

03/24/27

$

1,818,548‌

725,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.375

03/24/29

678,248‌

1,500,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.625

03/24/32

1,386,241‌

1,000,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

4

.000

03/24/52

856,213‌

1,000,000

GXO

Logistics,

Inc

1

.650

07/15/26

872,571‌

1,000,000

GXO

Logistics,

Inc

2

.650

07/15/31

788,913‌

100,000

Interpublic

Group

of

Cos,

Inc

4

.200

04/15/24

100,054‌

350,000

Interpublic

Group

of

Cos,

Inc

4

.650

10/01/28

345,831‌

500,000

Interpublic

Group

of

Cos,

Inc

4

.750

03/30/30

490,607‌

1,000,000

Interpublic

Group

of

Cos,

Inc

2

.400

03/01/31

814,538‌

1,000,000

Interpublic

Group

of

Cos,

Inc

3

.375

03/01/41

749,915‌

400,000

Interpublic

Group

of

Cos,

Inc

5

.400

10/01/48

389,771‌

445,000

Iowa

Health

System

3

.665

02/15/50

363,462‌

2,000,000

g

Magallanes,

Inc

3

.638

03/15/25

1,937,019‌

7,000,000

g

Magallanes,

Inc

3

.755

03/15/27

6,565,942‌

3,325,000

g

Magallanes,

Inc

4

.054

03/15/29

3,045,622‌

2,625,000

g

Magallanes,

Inc

4

.279

03/15/32

2,346,074‌

2,750,000

g

Magallanes,

Inc

5

.050

03/15/42

2,339,673‌

2,850,000

g

Magallanes,

Inc

5

.141

03/15/52

2,392,147‌

1,475,000

g

Magallanes,

Inc

5

.391

03/15/62

1,233,835‌

350,000

Marvell

Technology,

Inc

4

.200

06/22/23

349,470‌

1,000,000

Marvell

Technology,

Inc

1

.650

04/15/26

895,820‌

1,000,000

Marvell

Technology,

Inc

2

.450

04/15/28

872,601‌

350,000

Marvell

Technology,

Inc

4

.875

06/22/28

345,130‌

1,000,000

Marvell

Technology,

Inc

2

.950

04/15/31

838,564‌

135,000

MedStar

Health,

Inc

3

.626

08/15/49

111,462‌

1,000,000

g

Morgan

Stanley

Direct

Lending

Fund

4

.500

02/11/27

908,491‌

870,000

NBC

Universal

Media

LLC

4

.450

01/15/43

804,331‌

1,000,000

Northwestern

Memorial

Healthcare

Obligated

Group

2

.633

07/15/51

704,438‌

1,000,000

Ochsner

LSU

Health

System

of

North

Louisiana

2

.510

05/15/31

809,120‌

425,000

Omnicom

Group,

Inc

3

.650

11/01/24

421,255‌

1,050,000

Omnicom

Group,

Inc

3

.600

04/15/26

1,019,387‌

750,000

Omnicom

Group,

Inc

2

.450

04/30/30

632,306‌

325,000

Omnicom

Group,

Inc

4

.200

06/01/30

310,464‌

700,000

e

Omnicom

Group,

Inc

2

.600

08/01/31

587,713‌

1,000,000

g

Owl

Rock

Capital

Corp

III

3

.125

04/13/27

853,915‌

1,000,000

g

OWL

Rock

Core

Income

Corp

5

.500

03/21/25

960,030‌

1,000,000

g

OWL

Rock

Core

Income

Corp

4

.700

02/08/27

912,178‌

1,000,000

Owl

Rock

Technology

Finance

Corp

2

.500

01/15/27

843,786‌

1,000,000

Phillips

Edison

Grocery

Center

Operating

Partnership

I

LP

2

.625

11/15/31

773,671‌

1,000,000

Rayonier

LP

2

.750

05/17/31

834,713‌

275,000

RELX

Capital,

Inc

4

.750

05/20/32

279,304‌

1,000,000

Rexford

Industrial

Realty

LP

2

.125

12/01/30

801,791‌

500,000

Rexford

Industrial

Realty

LP

2

.150

09/01/31

393,057‌

625,000

g

S&P

Global,

Inc

2

.450

03/01/27

585,002‌

1,000,000

g

S&P

Global,

Inc

2

.700

03/01/29

909,909‌

1,000,000

g

S&P

Global,

Inc

2

.900

03/01/32

891,216‌

1,000,000

g

S&P

Global,

Inc

3

.700

03/01/52

853,703‌

1,000,000

g

S&P

Global,

Inc

3

.900

03/01/62

849,124‌

1,000,000

Safehold

Operating

Partnership

LP

2

.800

06/15/31

813,291‌

500,000

Safehold

Operating

Partnership

LP

2

.850

01/15/32

401,353‌

750,000

e

Schlumberger

Finance

Canada

Ltd

1

.400

09/17/25

695,542‌

425,000

Sentara

Healthcare

2

.927

11/01/51

319,369‌

500,000

Spectrum

Health

System

Obligated

Group

3

.487

07/15/49

414,019‌

1,000,000

STERIS

Irish

FinCo

UnLtd

Co

2

.700

03/15/31

840,771‌

1,000,000

STERIS

Irish

FinCo

UnLtd

Co

3

.750

03/15/51

777,206‌

1,000,000

Sun

Communities

Operating

LP

4

.200

04/15/32

909,148‌

500,000

e

Tencent

Music

Entertainment

Group

1

.375

09/03/25

455,145‌

750,000

Tencent

Music

Entertainment

Group

2

.000

09/03/30

585,265‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

60

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

1,075,000

Time

Warner

Cable

LLC

6

.550

%

05/01/37

$

1,076,370‌

400,000

Time

Warner

Cable

LLC

7

.300

07/01/38

417,664‌

500,000

Time

Warner

Cable

LLC

6

.750

06/15/39

497,107‌

890,000

Time

Warner

Cable

LLC

5

.875

11/15/40

815,584‌

475,000

Time

Warner

Cable

LLC

5

.500

09/01/41

414,634‌

2,875,000

Time

Warner

Cable

LLC

4

.500

09/15/42

2,244,283‌

325,000

Time

Warner

Entertainment

Co

LP

8

.375

03/15/23

334,426‌

300,000

Time

Warner

Entertainment

Co

LP

8

.375

07/15/33

347,002‌

200,000

Toledo

Hospital

5

.325

11/15/28

189,118‌

450,000

Toledo

Hospital

5

.750

11/15/38

464,251‌

200,000

e

Toledo

Hospital

6

.015

11/15/48

186,950‌

550,000

TSMC

Arizona

Corp

1

.750

10/25/26

505,765‌

350,000

TSMC

Arizona

Corp

3

.875

04/22/27

348,812‌

1,000,000

TSMC

Arizona

Corp

4

.125

04/22/29

997,316‌

1,000,000

TSMC

Arizona

Corp

2

.500

10/25/31

857,465‌

1,000,000

TSMC

Arizona

Corp

4

.250

04/22/32

986,075‌

1,000,000

TSMC

Arizona

Corp

3

.125

10/25/41

820,529‌

1,000,000

e

TSMC

Arizona

Corp

3

.250

10/25/51

801,434‌

500,000

TSMC

Arizona

Corp

4

.500

04/22/52

489,039‌

800,000

ViacomCBS,

Inc

4

.000

01/15/26

780,399‌

650,000

ViacomCBS,

Inc

2

.900

01/15/27

598,473‌

200,000

ViacomCBS,

Inc

3

.375

02/15/28

183,542‌

1,300,000

ViacomCBS,

Inc

3

.700

06/01/28

1,205,275‌

500,000

e

ViacomCBS,

Inc

4

.200

06/01/29

469,946‌

500,000

ViacomCBS,

Inc

7

.875

07/30/30

573,162‌

500,000

ViacomCBS,

Inc

4

.950

01/15/31

476,005‌

1,500,000

ViacomCBS,

Inc

4

.200

05/19/32

1,323,019‌

150,000

ViacomCBS,

Inc

6

.875

04/30/36

156,593‌

200,000

ViacomCBS,

Inc

4

.850

07/01/42

165,965‌

2,179,000

ViacomCBS,

Inc

4

.375

03/15/43

1,685,252‌

625,000

ViacomCBS,

Inc

5

.850

09/01/43

583,920‌

200,000

ViacomCBS,

Inc

4

.900

08/15/44

162,146‌

800,000

ViacomCBS,

Inc

4

.600

01/15/45

627,055‌

1,000,000

ViacomCBS,

Inc

4

.950

05/19/50

838,163‌

1,000,000

Viatris,

Inc

1

.650

06/22/25

905,258‌

400,000

Viatris,

Inc

2

.300

06/22/27

345,537‌

375,000

Viatris,

Inc

2

.700

06/22/30

300,960‌

600,000

Viatris,

Inc

3

.850

06/22/40

424,983‌

1,950,000

Viatris,

Inc

4

.000

06/22/50

1,305,695‌

1,000,000

Walt

Disney

Co

3

.350

03/24/25

991,174‌

875,000

Walt

Disney

Co

3

.150

09/17/25

860,798‌

700,000

Walt

Disney

Co

3

.700

10/15/25

699,245‌

8,000,000

Walt

Disney

Co

1

.750

01/13/26

7,436,045‌

500,000

Walt

Disney

Co

3

.000

02/13/26

485,246‌

475,000

Walt

Disney

Co

1

.850

07/30/26

438,674‌

1,500,000

e

Walt

Disney

Co

2

.950

06/15/27

1,430,231‌

3,000,000

e

Walt

Disney

Co

2

.200

01/13/28

2,719,532‌

425,000

Walt

Disney

Co

2

.000

09/01/29

365,226‌

500,000

Walt

Disney

Co

3

.800

03/22/30

483,429‌

1,000,000

Walt

Disney

Co

2

.650

01/13/31

880,090‌

229,000

Walt

Disney

Co

6

.400

12/15/35

266,524‌

325,000

Walt

Disney

Co

6

.650

11/15/37

387,166‌

1,000,000

Walt

Disney

Co

3

.500

05/13/40

852,485‌

1,425,000

Walt

Disney

Co

6

.150

02/15/41

1,625,717‌

100,000

Walt

Disney

Co

4

.375

08/16/41

92,318‌

200,000

Walt

Disney

Co

3

.700

12/01/42

170,013‌

225,000

Walt

Disney

Co

5

.400

10/01/43

238,177‌

1,275,000

Walt

Disney

Co

4

.125

06/01/44

1,153,464‌

500,000

Walt

Disney

Co

4

.750

09/15/44

487,897‌

300,000

Walt

Disney

Co

4

.950

10/15/45

300,169‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

61

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

100,000

Walt

Disney

Co

3

.000

%

07/30/46

$

76,356‌

700,000

Walt

Disney

Co

4

.750

11/15/46

696,250‌

1,600,000

Walt

Disney

Co

2

.750

09/01/49

1,142,070‌

3,625,000

Walt

Disney

Co

4

.700

03/23/50

3,575,231‌

2,000,000

Walt

Disney

Co

3

.600

01/13/51

1,669,283‌

1,000,000

Walt

Disney

Co

3

.800

05/13/60

835,971‌

375,000

Weibo

Corp

3

.500

07/05/24

364,972‌

900,000

Weibo

Corp

3

.375

07/08/30

731,096‌

1,500,000

WPP

Finance

2010

3

.750

09/19/24

1,464,922‌

TOTAL

MEDIA

&

ENTERTAINMENT

263,817,225‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

1

.2

%

1,850,000

AbbVie,

Inc

3

.750

11/14/23

1,854,817‌

3,350,000

AbbVie,

Inc

3

.800

03/15/25

3,323,183‌

1,575,000

AbbVie,

Inc

3

.600

05/14/25

1,549,387‌

4,150,000

AbbVie,

Inc

3

.200

05/14/26

3,997,607‌

2,500,000

AbbVie,

Inc

2

.950

11/21/26

2,368,866‌

675,000

AbbVie,

Inc

4

.250

11/14/28

668,516‌

6,750,000

AbbVie,

Inc

3

.200

11/21/29

6,209,601‌

2,250,000

AbbVie,

Inc

4

.550

03/15/35

2,188,569‌

1,925,000

AbbVie,

Inc

4

.500

05/14/35

1,868,330‌

675,000

AbbVie,

Inc

4

.300

05/14/36

634,034‌

3,300,000

AbbVie,

Inc

4

.050

11/21/39

2,942,712‌

2,175,000

AbbVie,

Inc

4

.400

11/06/42

1,976,643‌

1,625,000

AbbVie,

Inc

4

.850

06/15/44

1,552,725‌

1,310,000

AbbVie,

Inc

4

.750

03/15/45

1,231,833‌

925,000

AbbVie,

Inc

4

.700

05/14/45

870,715‌

1,350,000

AbbVie,

Inc

4

.450

05/14/46

1,224,598‌

1,150,000

AbbVie,

Inc

4

.875

11/14/48

1,102,022‌

4,975,000

AbbVie,

Inc

4

.250

11/21/49

4,416,465‌

200,000

Agilent

Technologies,

Inc

3

.050

09/22/26

190,931‌

500,000

Agilent

Technologies,

Inc

2

.750

09/15/29

436,472‌

1,000,000

Agilent

Technologies,

Inc

2

.100

06/04/30

814,664‌

1,000,000

Agilent

Technologies,

Inc

2

.300

03/12/31

814,659‌

950,000

Amgen,

Inc

3

.625

05/22/24

948,034‌

775,000

Amgen,

Inc

3

.125

05/01/25

759,697‌

1,225,000

Amgen,

Inc

2

.600

08/19/26

1,158,563‌

3,250,000

Amgen,

Inc

2

.200

02/21/27

2,984,345‌

775,000

Amgen,

Inc

3

.200

11/02/27

737,386‌

1,500,000

Amgen,

Inc

1

.650

08/15/28

1,286,211‌

1,000,000

Amgen,

Inc

2

.450

02/21/30

871,966‌

500,000

Amgen,

Inc

2

.300

02/25/31

425,037‌

800,000

Amgen,

Inc

2

.000

01/15/32

651,096‌

850,000

e

Amgen,

Inc

3

.350

02/22/32

778,103‌

1,325,000

Amgen,

Inc

3

.150

02/21/40

1,047,416‌

1,500,000

Amgen,

Inc

2

.800

08/15/41

1,111,650‌

126,000

Amgen,

Inc

5

.150

11/15/41

125,274‌

2,675,000

Amgen,

Inc

4

.400

05/01/45

2,412,279‌

2,128,000

Amgen,

Inc

4

.563

06/15/48

1,952,079‌

2,575,000

Amgen,

Inc

3

.375

02/21/50

1,967,564‌

2,447,000

Amgen,

Inc

4

.663

06/15/51

2,288,436‌

1,000,000

Amgen,

Inc

3

.000

01/15/52

709,089‌

1,000,000

Amgen,

Inc

4

.200

02/22/52

877,367‌

172,000

Amgen,

Inc

2

.770

09/01/53

116,046‌

1,000,000

Amgen,

Inc

4

.400

02/22/62

870,324‌

350,000

AstraZeneca

plc

3

.375

11/16/25

346,580‌

1,000,000

AstraZeneca

plc

0

.700

04/08/26

889,663‌

950,000

AstraZeneca

plc

3

.125

06/12/27

913,532‌

1,700,000

AstraZeneca

plc

4

.000

01/17/29

1,692,905‌

1,000,000

AstraZeneca

plc

1

.375

08/06/30

820,817‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

62

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

$

1,900,000

AstraZeneca

plc

6

.450

%

09/15/37

$

2,281,482‌

625,000

AstraZeneca

plc

4

.000

09/18/42

575,740‌

500,000

AstraZeneca

plc

4

.375

11/16/45

481,225‌

750,000

AstraZeneca

plc

4

.375

08/17/48

735,183‌

600,000

AstraZeneca

plc

2

.125

08/06/50

400,612‌

1,500,000

AstraZeneca

plc

3

.000

05/28/51

1,190,201‌

449,000

Baxalta,

Inc

4

.000

06/23/25

446,393‌

149,000

Baxalta,

Inc

5

.250

06/23/45

148,689‌

875,000

Biogen,

Inc

4

.050

09/15/25

865,982‌

300,000

Biogen,

Inc

2

.250

05/01/30

245,884‌

1,375,000

Biogen,

Inc

3

.150

05/01/50

943,022‌

1,346,000

Biogen,

Inc

3

.250

02/15/51

942,232‌

200,000

Bristol-Myers

Squibb

Co

3

.250

11/01/23

200,295‌

5,350,000

Bristol-Myers

Squibb

Co

2

.900

07/26/24

5,298,919‌

1,000,000

Bristol-Myers

Squibb

Co

0

.750

11/13/25

911,379‌

1,000,000

Bristol-Myers

Squibb

Co

1

.125

11/13/27

879,373‌

1,275,000

Bristol-Myers

Squibb

Co

3

.900

02/20/28

1,276,561‌

874,000

Bristol-Myers

Squibb

Co

3

.400

07/26/29

843,655‌

1,150,000

Bristol-Myers

Squibb

Co

1

.450

11/13/30

944,774‌

1,400,000

Bristol-Myers

Squibb

Co

2

.950

03/15/32

1,282,444‌

1,700,000

Bristol-Myers

Squibb

Co

4

.125

06/15/39

1,623,682‌

125,000

Bristol-Myers

Squibb

Co

2

.350

11/13/40

92,464‌

375,000

Bristol-Myers

Squibb

Co

3

.550

03/15/42

329,436‌

650,000

Bristol-Myers

Squibb

Co

3

.250

08/01/42

535,571‌

500,000

Bristol-Myers

Squibb

Co

4

.350

11/15/47

476,447‌

1,786,000

Bristol-Myers

Squibb

Co

4

.550

02/20/48

1,747,134‌

2,400,000

Bristol-Myers

Squibb

Co

4

.250

10/26/49

2,253,800‌

1,500,000

Bristol-Myers

Squibb

Co

2

.550

11/13/50

1,061,201‌

575,000

Bristol-Myers

Squibb

Co

3

.700

03/15/52

496,613‌

1,000,000

Bristol-Myers

Squibb

Co

3

.900

03/15/62

866,818‌

200,000

Danaher

Corp

3

.350

09/15/25

197,592‌

200,000

Danaher

Corp

4

.375

09/15/45

185,387‌

400,000

Danaher

Corp

2

.600

10/01/50

281,632‌

750,000

Danaher

Corp

2

.800

12/10/51

540,286‌

975,000

Eli

Lilly

&

Co

2

.750

06/01/25

959,415‌

950,000

Eli

Lilly

&

Co

3

.100

05/15/27

922,811‌

1,300,000

Eli

Lilly

&

Co

2

.250

05/15/50

918,832‌

750,000

Eli

Lilly

&

Co

2

.500

09/15/60

512,247‌

638,000

Gilead

Sciences,

Inc

0

.750

09/29/23

617,361‌

800,000

Gilead

Sciences,

Inc

3

.700

04/01/24

800,672‌

575,000

Gilead

Sciences,

Inc

3

.500

02/01/25

568,083‌

1,125,000

Gilead

Sciences,

Inc

3

.650

03/01/26

1,104,809‌

525,000

Gilead

Sciences,

Inc

2

.950

03/01/27

497,384‌

325,000

Gilead

Sciences,

Inc

1

.200

10/01/27

279,960‌

5,815,000

e

Gilead

Sciences,

Inc

1

.650

10/01/30

4,764,740‌

450,000

Gilead

Sciences,

Inc

4

.600

09/01/35

445,906‌

1,300,000

Gilead

Sciences,

Inc

4

.000

09/01/36

1,213,848‌

325,000

Gilead

Sciences,

Inc

2

.600

10/01/40

237,605‌

250,000

Gilead

Sciences,

Inc

5

.650

12/01/41

266,618‌

1,025,000

Gilead

Sciences,

Inc

4

.800

04/01/44

991,653‌

950,000

Gilead

Sciences,

Inc

4

.500

02/01/45

874,571‌

925,000

Gilead

Sciences,

Inc

4

.750

03/01/46

886,770‌

1,525,000

Gilead

Sciences,

Inc

4

.150

03/01/47

1,338,878‌

2,600,000

Gilead

Sciences,

Inc

2

.800

10/01/50

1,814,383‌

1,550,000

GlaxoSmithKline

Capital

plc

0

.534

10/01/23

1,497,452‌

2,900,000

GlaxoSmithKline

Capital

plc

3

.375

06/01/29

2,797,774‌

950,000

GlaxoSmithKline

Capital,

Inc

3

.625

05/15/25

951,058‌

925,000

GlaxoSmithKline

Capital,

Inc

3

.875

05/15/28

919,957‌

350,000

GlaxoSmithKline

Capital,

Inc

5

.375

04/15/34

384,285‌

1,243,000

GlaxoSmithKline

Capital,

Inc

6

.375

05/15/38

1,484,318‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

63

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

$

850,000

GlaxoSmithKline

Capital,

Inc

4

.200

%

03/18/43

$

800,842‌

1,500,000

Illumina,

Inc

2

.550

03/23/31

1,219,713‌

950,000

Johnson

&

Johnson

3

.375

12/05/23

954,429‌

2,000,000

Johnson

&

Johnson

0

.550

09/01/25

1,844,593‌

1,000,000

Johnson

&

Johnson

2

.450

03/01/26

972,611‌

2,000,000

Johnson

&

Johnson

0

.950

09/01/27

1,764,679‌

2,000,000

Johnson

&

Johnson

1

.300

09/01/30

1,682,337‌

1,000,000

Johnson

&

Johnson

4

.375

12/05/33

1,034,038‌

250,000

Johnson

&

Johnson

3

.550

03/01/36

236,672‌

450,000

Johnson

&

Johnson

3

.625

03/03/37

426,385‌

250,000

Johnson

&

Johnson

5

.950

08/15/37

296,996‌

675,000

Johnson

&

Johnson

3

.400

01/15/38

607,156‌

375,000

Johnson

&

Johnson

5

.850

07/15/38

433,559‌

1,000,000

Johnson

&

Johnson

2

.100

09/01/40

730,751‌

300,000

Johnson

&

Johnson

4

.500

12/05/43

300,625‌

1,200,000

Johnson

&

Johnson

3

.700

03/01/46

1,104,658‌

1,625,000

Johnson

&

Johnson

3

.750

03/03/47

1,504,809‌

2,100,000

Johnson

&

Johnson

3

.500

01/15/48

1,863,854‌

500,000

Johnson

&

Johnson

2

.250

09/01/50

349,118‌

1,000,000

Johnson

&

Johnson

2

.450

09/01/60

677,949‌

1,450,000

Merck

&

Co,

Inc

2

.750

02/10/25

1,432,672‌

2,875,000

Merck

&

Co,

Inc

0

.750

02/24/26

2,604,973‌

2,000,000

Merck

&

Co,

Inc

1

.700

06/10/27

1,816,801‌

1,500,000

Merck

&

Co,

Inc

1

.900

12/10/28

1,333,028‌

3,175,000

Merck

&

Co,

Inc

1

.450

06/24/30

2,637,986‌

1,150,000

Merck

&

Co,

Inc

2

.150

12/10/31

989,209‌

1,475,000

Merck

&

Co,

Inc

3

.900

03/07/39

1,393,935‌

425,000

Merck

&

Co,

Inc

2

.350

06/24/40

319,033‌

100,000

Merck

&

Co,

Inc

3

.600

09/15/42

87,522‌

925,000

Merck

&

Co,

Inc

4

.150

05/18/43

877,147‌

1,825,000

Merck

&

Co,

Inc

3

.700

02/10/45

1,596,704‌

1,600,000

Merck

&

Co,

Inc

4

.000

03/07/49

1,472,024‌

375,000

Merck

&

Co,

Inc

2

.450

06/24/50

263,353‌

625,000

Merck

&

Co,

Inc

2

.750

12/10/51

461,549‌

1,100,000

Merck

&

Co,

Inc

2

.900

12/10/61

781,056‌

2,800,000

Mylan

NV

3

.950

06/15/26

2,637,860‌

750,000

Mylan

NV

5

.250

06/15/46

604,941‌

500,000

Mylan,

Inc

4

.550

04/15/28

476,648‌

700,000

Mylan,

Inc

5

.200

04/15/48

558,980‌

725,000

Novartis

Capital

Corp

3

.000

11/20/25

716,108‌

3,500,000

Novartis

Capital

Corp

2

.000

02/14/27

3,259,113‌

1,300,000

Novartis

Capital

Corp

3

.100

05/17/27

1,265,233‌

1,000,000

Novartis

Capital

Corp

2

.200

08/14/30

881,441‌

400,000

Novartis

Capital

Corp

3

.700

09/21/42

361,284‌

1,025,000

Novartis

Capital

Corp

4

.400

05/06/44

1,023,696‌

1,000,000

Novartis

Capital

Corp

4

.000

11/20/45

930,073‌

750,000

Novartis

Capital

Corp

2

.750

08/14/50

583,879‌

1,000,000

PerkinElmer,

Inc

1

.900

09/15/28

833,201‌

500,000

PerkinElmer,

Inc

3

.300

09/15/29

443,211‌

1,000,000

PerkinElmer,

Inc

2

.550

03/15/31

820,407‌

300,000

PerkinElmer,

Inc

2

.250

09/15/31

237,057‌

1,000,000

PerkinElmer,

Inc

3

.625

03/15/51

756,212‌

1,175,000

Pfizer,

Inc

3

.400

05/15/24

1,176,684‌

3,000,000

Pfizer,

Inc

0

.800

05/28/25

2,793,210‌

350,000

Pfizer,

Inc

2

.750

06/03/26

339,345‌

2,850,000

Pfizer,

Inc

3

.000

12/15/26

2,787,931‌

950,000

Pfizer,

Inc

3

.600

09/15/28

942,970‌

1,550,000

Pfizer,

Inc

3

.450

03/15/29

1,505,097‌

3,000,000

Pfizer,

Inc

1

.750

08/18/31

2,508,841‌

425,000

Pfizer,

Inc

4

.000

12/15/36

413,060‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

64

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

$

500,000

Pfizer,

Inc

4

.100

%

09/15/38

$

482,494‌

875,000

Pfizer,

Inc

3

.900

03/15/39

824,929‌

350,000

Pfizer,

Inc

7

.200

03/15/39

457,821‌

1,250,000

Pfizer,

Inc

2

.550

05/28/40

978,604‌

625,000

Pfizer,

Inc

4

.300

06/15/43

604,310‌

1,100,000

Pfizer,

Inc

4

.400

05/15/44

1,078,011‌

1,875,000

Pfizer,

Inc

4

.125

12/15/46

1,800,005‌

1,200,000

Pfizer,

Inc

4

.200

09/15/48

1,170,069‌

2,100,000

Pfizer,

Inc

4

.000

03/15/49

1,977,754‌

1,000,000

Pfizer,

Inc

2

.700

05/28/50

761,149‌

1,000,000

Regeneron

Pharmaceuticals,

Inc

1

.750

09/15/30

801,743‌

500,000

Regeneron

Pharmaceuticals,

Inc

2

.800

09/15/50

339,333‌

1,000,000

Royalty

Pharma

plc

0

.750

09/02/23

962,931‌

1,000,000

Royalty

Pharma

plc

1

.200

09/02/25

891,479‌

1,000,000

Royalty

Pharma

plc

1

.750

09/02/27

852,444‌

375,000

Royalty

Pharma

plc

2

.200

09/02/30

302,510‌

1,000,000

Royalty

Pharma

plc

2

.150

09/02/31

780,284‌

1,000,000

Royalty

Pharma

plc

3

.300

09/02/40

738,553‌

1,000,000

Royalty

Pharma

plc

3

.550

09/02/50

698,233‌

1,000,000

Royalty

Pharma

plc

3

.350

09/02/51

677,640‌

500,000

Sanofi

3

.625

06/19/28

492,992‌

1,000,000

Takeda

Pharmaceutical

Co

Ltd

4

.400

11/26/23

1,007,480‌

2,100,000

Takeda

Pharmaceutical

Co

Ltd

5

.000

11/26/28

2,139,143‌

700,000

Takeda

Pharmaceutical

Co

Ltd

2

.050

03/31/30

585,490‌

2,050,000

Takeda

Pharmaceutical

Co

Ltd

3

.025

07/09/40

1,577,767‌

1,150,000

Takeda

Pharmaceutical

Co

Ltd

3

.175

07/09/50

860,726‌

1,000,000

Takeda

Pharmaceutical

Co

Ltd

3

.375

07/09/60

729,567‌

3,000,000

Thermo

Fisher

Scientific,

Inc

1

.215

10/18/24

2,842,163‌

1,000,000

Thermo

Fisher

Scientific,

Inc

1

.750

10/15/28

874,249‌

1,500,000

Thermo

Fisher

Scientific,

Inc

2

.600

10/01/29

1,359,342‌

275,000

Thermo

Fisher

Scientific,

Inc

2

.000

10/15/31

230,556‌

1,500,000

Thermo

Fisher

Scientific,

Inc

2

.800

10/15/41

1,178,174‌

200,000

Thermo

Fisher

Scientific,

Inc

5

.300

02/01/44

214,460‌

200,000

Thermo

Fisher

Scientific,

Inc

4

.100

08/15/47

187,035‌

1,000,000

Wyeth

LLC

6

.450

02/01/24

1,045,170‌

150,000

Wyeth

LLC

6

.500

02/01/34

179,402‌

275,000

Wyeth

LLC

5

.950

04/01/37

317,329‌

300,000

Zoetis,

Inc

4

.500

11/13/25

303,862‌

425,000

Zoetis,

Inc

3

.000

09/12/27

400,574‌

500,000

Zoetis,

Inc

3

.900

08/20/28

484,032‌

900,000

Zoetis,

Inc

4

.700

02/01/43

861,349‌

650,000

Zoetis,

Inc

3

.950

09/12/47

567,287‌

200,000

Zoetis,

Inc

4

.450

08/20/48

186,806‌

375,000

Zoetis,

Inc

3

.000

05/15/50

277,211‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

232,424,016‌

REAL

ESTATE

-

1

.0

%

100,000

Alexandria

Real

Estate

Equities,

Inc

3

.450

04/30/25

98,421‌

200,000

Alexandria

Real

Estate

Equities,

Inc

4

.300

01/15/26

200,194‌

500,000

Alexandria

Real

Estate

Equities,

Inc

3

.800

04/15/26

489,910‌

200,000

Alexandria

Real

Estate

Equities,

Inc

4

.500

07/30/29

194,782‌

425,000

Alexandria

Real

Estate

Equities,

Inc

2

.750

12/15/29

371,714‌

100,000

Alexandria

Real

Estate

Equities,

Inc

4

.700

07/01/30

98,766‌

275,000

Alexandria

Real

Estate

Equities,

Inc

3

.375

08/15/31

243,518‌

1,500,000

Alexandria

Real

Estate

Equities,

Inc

2

.000

05/18/32

1,184,682‌

450,000

Alexandria

Real

Estate

Equities,

Inc

1

.875

02/01/33

338,355‌

800,000

Alexandria

Real

Estate

Equities,

Inc

2

.950

03/15/34

665,690‌

500,000

Alexandria

Real

Estate

Equities,

Inc

4

.850

04/15/49

463,420‌

700,000

Alexandria

Real

Estate

Equities,

Inc

4

.000

02/01/50

577,342‌

1,000,000

Alexandria

Real

Estate

Equities,

Inc

3

.000

05/18/51

672,242‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

65

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

1,500,000

Alexandria

Real

Estate

Equities,

Inc

3

.550

%

03/15/52

$

1,122,550‌

100,000

American

Campus

Communities

Operating

Partnership

LP

3

.750

04/15/23

100,109‌

500,000

American

Campus

Communities

Operating

Partnership

LP

3

.300

07/15/26

488,620‌

200,000

American

Campus

Communities

Operating

Partnership

LP

3

.625

11/15/27

196,241‌

1,000,000

American

Campus

Communities

Operating

Partnership

LP

2

.250

01/15/29

926,004‌

500,000

American

Campus

Communities

Operating

Partnership

LP

2

.850

02/01/30

474,553‌

500,000

American

Homes

4

Rent

LP

4

.900

02/15/29

487,248‌

250,000

American

Homes

4

Rent

LP

2

.375

07/15/31

199,347‌

750,000

American

Homes

4

Rent

LP

3

.625

04/15/32

657,441‌

250,000

American

Homes

4

Rent

LP

3

.375

07/15/51

172,615‌

500,000

American

Homes

4

Rent

LP

4

.300

04/15/52

402,673‌

800,000

American

Tower

Corp

3

.500

01/31/23

799,758‌

1,500,000

American

Tower

Corp

0

.600

01/15/24

1,424,177‌

450,000

American

Tower

Corp

5

.000

02/15/24

455,266‌

350,000

American

Tower

Corp

3

.375

05/15/24

344,885‌

750,000

American

Tower

Corp

2

.400

03/15/25

708,775‌

525,000

American

Tower

Corp

4

.000

06/01/25

519,312‌

1,350,000

American

Tower

Corp

1

.300

09/15/25

1,222,186‌

200,000

American

Tower

Corp

4

.400

02/15/26

198,771‌

1,000,000

American

Tower

Corp

1

.600

04/15/26

893,725‌

1,000,000

American

Tower

Corp

1

.450

09/15/26

874,602‌

425,000

American

Tower

Corp

3

.375

10/15/26

401,841‌

750,000

American

Tower

Corp

2

.750

01/15/27

685,884‌

500,000

American

Tower

Corp

3

.125

01/15/27

464,054‌

150,000

American

Tower

Corp

3

.550

07/15/27

140,625‌

500,000

American

Tower

Corp

3

.600

01/15/28

467,504‌

875,000

American

Tower

Corp

1

.500

01/31/28

727,538‌

350,000

American

Tower

Corp

3

.950

03/15/29

325,827‌

750,000

American

Tower

Corp

2

.900

01/15/30

642,094‌

750,000

American

Tower

Corp

2

.100

06/15/30

600,639‌

725,000

American

Tower

Corp

1

.875

10/15/30

564,022‌

1,000,000

American

Tower

Corp

2

.700

04/15/31

822,951‌

1,000,000

American

Tower

Corp

2

.300

09/15/31

792,064‌

1,350,000

American

Tower

Corp

3

.700

10/15/49

1,013,311‌

425,000

American

Tower

Corp

3

.100

06/15/50

293,798‌

1,275,000

American

Tower

Corp

2

.950

01/15/51

863,282‌

200,000

AvalonBay

Communities,

Inc

3

.500

11/15/24

197,596‌

200,000

AvalonBay

Communities,

Inc

2

.950

05/11/26

191,300‌

100,000

AvalonBay

Communities,

Inc

2

.900

10/15/26

94,881‌

1,200,000

AvalonBay

Communities,

Inc

3

.350

05/15/27

1,148,653‌

200,000

AvalonBay

Communities,

Inc

3

.200

01/15/28

188,370‌

500,000

AvalonBay

Communities,

Inc

1

.900

12/01/28

434,889‌

750,000

AvalonBay

Communities,

Inc

3

.300

06/01/29

696,757‌

750,000

AvalonBay

Communities,

Inc

2

.300

03/01/30

645,071‌

800,000

e

AvalonBay

Communities,

Inc

2

.050

01/15/32

660,234‌

400,000

AvalonBay

Communities,

Inc

4

.150

07/01/47

357,597‌

200,000

AvalonBay

Communities,

Inc

4

.350

04/15/48

185,793‌

425,000

Boston

Properties

LP

3

.125

09/01/23

421,923‌

200,000

Boston

Properties

LP

3

.800

02/01/24

198,987‌

1,500,000

Boston

Properties

LP

3

.200

01/15/25

1,463,002‌

275,000

Boston

Properties

LP

3

.650

02/01/26

266,976‌

700,000

Boston

Properties

LP

2

.750

10/01/26

652,456‌

550,000

Boston

Properties

LP

4

.500

12/01/28

534,739‌

550,000

Boston

Properties

LP

3

.400

06/21/29

492,992‌

750,000

Boston

Properties

LP

2

.900

03/15/30

637,872‌

1,000,000

Boston

Properties

LP

3

.250

01/30/31

857,706‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

66

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

2,000,000

Boston

Properties

LP

2

.550

%

04/01/32

$

1,591,687‌

1,000,000

Boston

Properties

LP

2

.450

10/01/33

768,110‌

100,000

Brandywine

Operating

Partnership

LP

3

.950

02/15/23

99,758‌

500,000

Brandywine

Operating

Partnership

LP

4

.100

10/01/24

495,208‌

100,000

Brandywine

Operating

Partnership

LP

3

.950

11/15/27

94,327‌

500,000

Brandywine

Operating

Partnership

LP

4

.550

10/01/29

476,914‌

900,000

Brixmor

Operating

Partnership

LP

3

.650

06/15/24

886,959‌

200,000

Brixmor

Operating

Partnership

LP

3

.850

02/01/25

196,799‌

225,000

Brixmor

Operating

Partnership

LP

4

.125

06/15/26

219,647‌

300,000

Brixmor

Operating

Partnership

LP

3

.900

03/15/27

286,959‌

100,000

Brixmor

Operating

Partnership

LP

2

.250

04/01/28

85,754‌

600,000

Brixmor

Operating

Partnership

LP

4

.125

05/15/29

558,947‌

940,000

Brixmor

Operating

Partnership

LP

4

.050

07/01/30

848,133‌

100,000

Brixmor

Operating

Partnership

LP

2

.500

08/16/31

78,416‌

200,000

Camden

Property

Trust

2

.950

12/15/22

200,028‌

100,000

Camden

Property

Trust

4

.100

10/15/28

98,199‌

325,000

Camden

Property

Trust

3

.150

07/01/29

296,947‌

100,000

Camden

Property

Trust

2

.800

05/15/30

88,272‌

500,000

Camden

Property

Trust

3

.350

11/01/49

390,619‌

500,000

CBRE

Services,

Inc

4

.875

03/01/26

504,885‌

1,000,000

CBRE

Services,

Inc

2

.500

04/01/31

813,547‌

1,000,000

Corporate

Office

Properties

LP

2

.250

03/15/26

906,320‌

1,000,000

Corporate

Office

Properties

LP

2

.000

01/15/29

806,112‌

175,000

Corporate

Office

Properties

LP

2

.750

04/15/31

141,493‌

1,000,000

Corporate

Office

Properties

LP

2

.900

12/01/33

774,187‌

1,375,000

Crown

Castle

International

Corp

3

.150

07/15/23

1,360,046‌

500,000

Crown

Castle

International

Corp

3

.200

09/01/24

489,677‌

1,000,000

Crown

Castle

International

Corp

1

.350

07/15/25

914,050‌

975,000

Crown

Castle

International

Corp

4

.450

02/15/26

964,952‌

250,000

Crown

Castle

International

Corp

3

.700

06/15/26

241,178‌

1,500,000

Crown

Castle

International

Corp

1

.050

07/15/26

1,297,868‌

100,000

Crown

Castle

International

Corp

4

.000

03/01/27

97,146‌

525,000

Crown

Castle

International

Corp

3

.650

09/01/27

497,200‌

775,000

Crown

Castle

International

Corp

3

.800

02/15/28

731,194‌

300,000

Crown

Castle

International

Corp

4

.300

02/15/29

288,034‌

500,000

Crown

Castle

International

Corp

3

.100

11/15/29

441,394‌

275,000

Crown

Castle

International

Corp

3

.300

07/01/30

242,527‌

1,050,000

Crown

Castle

International

Corp

2

.250

01/15/31

851,693‌

1,500,000

Crown

Castle

International

Corp

2

.100

04/01/31

1,193,058‌

1,000,000

Crown

Castle

International

Corp

2

.500

07/15/31

818,292‌

1,000,000

Crown

Castle

International

Corp

2

.900

04/01/41

720,756‌

200,000

Crown

Castle

International

Corp

4

.750

05/15/47

180,309‌

300,000

Crown

Castle

International

Corp

5

.200

02/15/49

287,406‌

500,000

Crown

Castle

International

Corp

4

.000

11/15/49

404,601‌

200,000

Crown

Castle

International

Corp

4

.150

07/01/50

166,225‌

875,000

Crown

Castle

International

Corp

3

.250

01/15/51

627,668‌

200,000

CubeSmart

LP

3

.125

09/01/26

190,177‌

600,000

CubeSmart

LP

2

.250

12/15/28

512,670‌

100,000

CubeSmart

LP

4

.375

02/15/29

97,029‌

250,000

CubeSmart

LP

3

.000

02/15/30

219,930‌

450,000

CubeSmart

LP

2

.000

02/15/31

357,753‌

700,000

CubeSmart

LP

2

.500

02/15/32

568,453‌

475,000

Digital

Realty

Trust

LP

3

.700

08/15/27

452,469‌

300,000

e

Digital

Realty

Trust

LP

4

.450

07/15/28

291,162‌

1,000,000

Digital

Realty

Trust

LP

3

.600

07/01/29

903,751‌

100,000

Duke

Realty

LP

3

.250

06/30/26

96,306‌

1,000,000

Duke

Realty

LP

3

.375

12/15/27

944,796‌

100,000

Duke

Realty

LP

4

.000

09/15/28

96,939‌

225,000

Duke

Realty

LP

2

.875

11/15/29

202,186‌

200,000

Duke

Realty

LP

1

.750

07/01/30

163,578‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

67

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

1,000,000

Duke

Realty

LP

1

.750

%

02/01/31

$

813,011‌

775,000

Duke

Realty

LP

2

.250

01/15/32

645,439‌

500,000

Duke

Realty

LP

3

.050

03/01/50

371,480‌

1,000,000

EPR

Properties

3

.600

11/15/31

790,474‌

525,000

Equinix,

Inc

1

.000

09/15/25

470,352‌

2,000,000

Equinix,

Inc

1

.450

05/15/26

1,775,316‌

650,000

Equinix,

Inc

2

.900

11/18/26

604,072‌

200,000

Equinix,

Inc

1

.800

07/15/27

173,538‌

800,000

Equinix,

Inc

1

.550

03/15/28

672,894‌

2,000,000

Equinix,

Inc

2

.000

05/15/28

1,716,921‌

1,000,000

Equinix,

Inc

3

.200

11/18/29

888,338‌

175,000

Equinix,

Inc

2

.150

07/15/30

141,574‌

2,000,000

Equinix,

Inc

2

.500

05/15/31

1,620,627‌

500,000

Equinix,

Inc

3

.000

07/15/50

342,324‌

1,000,000

Equinix,

Inc

2

.950

09/15/51

674,734‌

1,500,000

Equinix,

Inc

3

.400

02/15/52

1,109,810‌

700,000

ERP

Operating

LP

3

.375

06/01/25

686,150‌

200,000

ERP

Operating

LP

2

.850

11/01/26

189,678‌

1,150,000

ERP

Operating

LP

3

.250

08/01/27

1,087,163‌

500,000

ERP

Operating

LP

3

.500

03/01/28

476,038‌

200,000

ERP

Operating

LP

4

.150

12/01/28

196,356‌

750,000

ERP

Operating

LP

3

.000

07/01/29

679,293‌

300,000

ERP

Operating

LP

2

.500

02/15/30

262,175‌

500,000

ERP

Operating

LP

1

.850

08/01/31

410,212‌

425,000

ERP

Operating

LP

4

.500

07/01/44

404,005‌

100,000

ERP

Operating

LP

4

.000

08/01/47

86,964‌

650,000

Essential

Properties

LP

2

.950

07/15/31

509,296‌

100,000

Essex

Portfolio

LP

3

.250

05/01/23

99,614‌

400,000

Essex

Portfolio

LP

3

.500

04/01/25

391,467‌

100,000

Essex

Portfolio

LP

3

.375

04/15/26

96,541‌

200,000

Essex

Portfolio

LP

3

.625

05/01/27

193,331‌

1,000,000

Essex

Portfolio

LP

1

.700

03/01/28

859,216‌

900,000

Essex

Portfolio

LP

4

.000

03/01/29

859,140‌

325,000

Essex

Portfolio

LP

3

.000

01/15/30

287,208‌

750,000

Essex

Portfolio

LP

1

.650

01/15/31

585,808‌

1,000,000

Essex

Portfolio

LP

2

.550

06/15/31

835,885‌

500,000

Essex

Portfolio

LP

2

.650

03/15/32

415,100‌

300,000

Essex

Portfolio

LP

4

.500

03/15/48

269,118‌

500,000

Federal

Realty

Investment

Trust

3

.950

01/15/24

498,941‌

300,000

Federal

Realty

Investment

Trust

1

.250

02/15/26

268,398‌

250,000

Federal

Realty

Investment

Trust

3

.250

07/15/27

235,023‌

1,300,000

Federal

Realty

Investment

Trust

3

.200

06/15/29

1,173,903‌

300,000

Federal

Realty

Investment

Trust

3

.500

06/01/30

272,212‌

200,000

Federal

Realty

Investment

Trust

4

.500

12/01/44

177,222‌

250,000

GLP

Capital

LP

3

.350

09/01/24

238,911‌

1,300,000

GLP

Capital

LP

5

.250

06/01/25

1,274,897‌

150,000

GLP

Capital

LP

5

.375

04/15/26

146,793‌

750,000

GLP

Capital

LP

5

.750

06/01/28

732,600‌

200,000

GLP

Capital

LP

5

.300

01/15/29

191,022‌

500,000

GLP

Capital

LP

4

.000

01/15/30

437,876‌

500,000

GLP

Capital

LP

4

.000

01/15/31

431,214‌

750,000

GLP

Capital

LP

3

.250

01/15/32

601,103‌

100,000

Healthcare

Realty

Trust,

Inc

3

.625

01/15/28

93,292‌

100,000

Healthcare

Realty

Trust,

Inc

2

.400

03/15/30

82,755‌

175,000

Healthcare

Realty

Trust,

Inc

2

.050

03/15/31

137,430‌

800,000

Healthcare

Trust

of

America

Holdings

LP

3

.500

08/01/26

761,282‌

500,000

Healthcare

Trust

of

America

Holdings

LP

3

.100

02/15/30

430,803‌

975,000

e

Healthcare

Trust

of

America

Holdings

LP

2

.000

03/15/31

755,775‌

100,000

Healthpeak

Properties,

Inc

3

.250

07/15/26

96,275‌

1,500,000

Healthpeak

Properties,

Inc

1

.350

02/01/27

1,314,262‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

68

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

325,000

Healthpeak

Properties,

Inc

2

.125

%

12/01/28

$

280,676‌

600,000

Healthpeak

Properties,

Inc

3

.500

07/15/29

553,065‌

1,000,000

Healthpeak

Properties,

Inc

3

.000

01/15/30

882,799‌

175,000

Healthpeak

Properties,

Inc

2

.875

01/15/31

150,967‌

30,000

Healthpeak

Properties,

Inc

6

.750

02/01/41

34,021‌

100,000

Highwoods

Realty

LP

3

.875

03/01/27

96,242‌

150,000

Highwoods

Realty

LP

4

.125

03/15/28

143,390‌

250,000

Highwoods

Realty

LP

4

.200

04/15/29

234,414‌

500,000

Highwoods

Realty

LP

3

.050

02/15/30

430,390‌

775,000

Highwoods

Realty

LP

2

.600

02/01/31

636,499‌

700,000

Host

Hotels

&

Resorts

LP

3

.875

04/01/24

691,482‌

200,000

Host

Hotels

&

Resorts

LP

4

.000

06/15/25

195,563‌

100,000

Host

Hotels

&

Resorts

LP

4

.500

02/01/26

98,262‌

500,000

Host

Hotels

&

Resorts

LP

3

.375

12/15/29

423,232‌

850,000

Host

Hotels

&

Resorts

LP

3

.500

09/15/30

726,105‌

200,000

Host

Hotels

&

Resorts

LP

2

.900

12/15/31

158,793‌

100,000

Hudson

Pacific

Properties

LP

3

.950

11/01/27

95,185‌

100,000

Hudson

Pacific

Properties

LP

4

.650

04/01/29

95,959‌

750,000

Hudson

Pacific

Properties

LP

3

.250

01/15/30

652,543‌

300,000

Invitation

Homes

Operating

Partnership

LP

2

.300

11/15/28

252,346‌

500,000

Invitation

Homes

Operating

Partnership

LP

2

.000

08/15/31

384,631‌

575,000

Invitation

Homes

Operating

Partnership

LP

4

.150

04/15/32

522,061‌

750,000

Invitation

Homes

Operating

Partnership

LP

2

.700

01/15/34

576,875‌

125,000

Kilroy

Realty

LP

3

.450

12/15/24

121,899‌

250,000

Kilroy

Realty

LP

4

.750

12/15/28

244,707‌

200,000

Kilroy

Realty

LP

4

.250

08/15/29

189,094‌

750,000

Kilroy

Realty

LP

3

.050

02/15/30

642,717‌

500,000

Kilroy

Realty

LP

2

.500

11/15/32

390,240‌

1,000,000

Kilroy

Realty

LP

2

.650

11/15/33

774,103‌

300,000

Kimco

Realty

Corp

3

.125

06/01/23

298,341‌

200,000

Kimco

Realty

Corp

2

.700

03/01/24

195,316‌

625,000

Kimco

Realty

Corp

2

.800

10/01/26

584,603‌

200,000

Kimco

Realty

Corp

3

.800

04/01/27

193,072‌

500,000

Kimco

Realty

Corp

1

.900

03/01/28

432,636‌

750,000

Kimco

Realty

Corp

2

.700

10/01/30

645,392‌

1,000,000

Kimco

Realty

Corp

2

.250

12/01/31

803,891‌

200,000

Kimco

Realty

Corp

4

.250

04/01/45

167,489‌

175,000

Kimco

Realty

Corp

4

.125

12/01/46

144,904‌

100,000

Kimco

Realty

Corp

4

.450

09/01/47

87,738‌

500,000

Kimco

Realty

Corp

3

.700

10/01/49

387,673‌

750,000

Lexington

Realty

Trust

2

.700

09/15/30

615,599‌

1,000,000

Lexington

Realty

Trust

2

.375

10/01/31

773,281‌

200,000

Life

Storage

LP

3

.875

12/15/27

190,477‌

500,000

Life

Storage

LP

4

.000

06/15/29

461,143‌

100,000

Life

Storage

LP

2

.200

10/15/30

80,148‌

450,000

Life

Storage

LP

2

.400

10/15/31

358,125‌

200,000

Mid-America

Apartments

LP

4

.300

10/15/23

201,150‌

100,000

Mid-America

Apartments

LP

4

.000

11/15/25

99,289‌

1,000,000

Mid-America

Apartments

LP

1

.100

09/15/26

878,039‌

750,000

Mid-America

Apartments

LP

3

.600

06/01/27

720,872‌

200,000

Mid-America

Apartments

LP

4

.200

06/15/28

195,585‌

625,000

Mid-America

Apartments

LP

3

.950

03/15/29

596,792‌

175,000

Mid-America

Apartments

LP

2

.750

03/15/30

152,439‌

250,000

Mid-America

Apartments

LP

1

.700

02/15/31

197,719‌

150,000

Mid-America

Apartments

LP

2

.875

09/15/51

104,025‌

1,000,000

National

Health

Investors,

Inc

3

.000

02/01/31

767,462‌

1,550,000

National

Retail

Properties,

Inc

3

.500

10/15/27

1,453,952‌

300,000

National

Retail

Properties,

Inc

2

.500

04/15/30

255,504‌

500,000

National

Retail

Properties,

Inc

3

.100

04/15/50

346,709‌

1,000,000

National

Retail

Properties,

Inc

3

.500

04/15/51

748,043‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

69

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

1,000,000

National

Retail

Properties,

Inc

3

.000

%

04/15/52

$

681,553‌

1,000,000

Office

Properties

Income

Trust

2

.650

06/15/26

849,756‌

500,000

Office

Properties

Income

Trust

2

.400

02/01/27

408,575‌

1,000,000

Office

Properties

Income

Trust

3

.450

10/15/31

749,061‌

248,000

Omega

Healthcare

Investors,

Inc

4

.375

08/01/23

248,763‌

200,000

Omega

Healthcare

Investors,

Inc

4

.500

04/01/27

189,597‌

825,000

Omega

Healthcare

Investors,

Inc

4

.750

01/15/28

781,563‌

500,000

Omega

Healthcare

Investors,

Inc

3

.625

10/01/29

424,327‌

500,000

Omega

Healthcare

Investors,

Inc

3

.375

02/01/31

405,977‌

1,000,000

Omega

Healthcare

Investors,

Inc

3

.250

04/15/33

757,318‌

200,000

Physicians

Realty

LP

4

.300

03/15/27

196,003‌

200,000

Physicians

Realty

LP

3

.950

01/15/28

190,565‌

1,000,000

Physicians

Realty

LP

2

.625

11/01/31

804,956‌

200,000

Piedmont

Operating

Partnership

LP

3

.400

06/01/23

198,991‌

200,000

Piedmont

Operating

Partnership

LP

4

.450

03/15/24

200,641‌

1,000,000

Piedmont

Operating

Partnership

LP

2

.750

04/01/32

772,542‌

100,000

Prologis

LP

3

.250

10/01/26

97,035‌

500,000

Prologis

LP

2

.125

04/15/27

456,205‌

1,200,000

Prologis

LP

3

.875

09/15/28

1,165,146‌

100,000

Prologis

LP

4

.375

02/01/29

99,790‌

500,000

Prologis

LP

2

.250

04/15/30

432,692‌

1,000,000

Prologis

LP

1

.250

10/15/30

790,491‌

1,000,000

e

Prologis

LP

1

.625

03/15/31

805,574‌

100,000

Prologis

LP

4

.375

09/15/48

94,281‌

500,000

Prologis

LP

3

.000

04/15/50

378,578‌

500,000

Prologis

LP

2

.125

10/15/50

318,115‌

1,500,000

Public

Storage

0

.875

02/15/26

1,340,682‌

750,000

e

Public

Storage

1

.500

11/09/26

678,119‌

200,000

Public

Storage

3

.094

09/15/27

189,927‌

1,500,000

Public

Storage

1

.850

05/01/28

1,298,989‌

750,000

Public

Storage

1

.950

11/09/28

648,454‌

500,000

Public

Storage

3

.385

05/01/29

465,862‌

1,000,000

Public

Storage

2

.300

05/01/31

840,078‌

250,000

Public

Storage

2

.250

11/09/31

206,639‌

200,000

Realty

Income

Corp

3

.875

04/15/25

198,518‌

750,000

Realty

Income

Corp

0

.750

03/15/26

659,683‌

425,000

Realty

Income

Corp

4

.875

06/01/26

433,409‌

200,000

Realty

Income

Corp

4

.125

10/15/26

198,991‌

200,000

Realty

Income

Corp

3

.000

01/15/27

189,341‌

650,000

Realty

Income

Corp

3

.950

08/15/27

634,103‌

1,000,000

Realty

Income

Corp

3

.400

01/15/28

944,660‌

1,000,000

Realty

Income

Corp

3

.650

01/15/28

958,676‌

500,000

Realty

Income

Corp

2

.200

06/15/28

438,411‌

500,000

Realty

Income

Corp

3

.250

06/15/29

465,502‌

500,000

Realty

Income

Corp

3

.100

12/15/29

455,067‌

1,500,000

Realty

Income

Corp

3

.250

01/15/31

1,363,605‌

500,000

Realty

Income

Corp

2

.850

12/15/32

429,769‌

750,000

Realty

Income

Corp

1

.800

03/15/33

573,626‌

300,000

Realty

Income

Corp

4

.650

03/15/47

289,353‌

375,000

Regency

Centers

LP

3

.600

02/01/27

362,731‌

125,000

Regency

Centers

LP

4

.125

03/15/28

120,072‌

425,000

Regency

Centers

LP

2

.950

09/15/29

373,426‌

500,000

Regency

Centers

LP

3

.700

06/15/30

453,702‌

200,000

Regency

Centers

LP

4

.400

02/01/47

175,492‌

300,000

Regency

Centers

LP

4

.650

03/15/49

268,236‌

350,000

Retail

Properties

of

America,

Inc

4

.750

09/15/30

325,847‌

300,000

Sabra

Health

Care

LP

5

.125

08/15/26

291,897‌

1,000,000

Sabra

Health

Care

LP

3

.200

12/01/31

793,616‌

500,000

Select

Income

REIT

4

.250

05/15/24

485,342‌

400,000

Select

Income

REIT

4

.500

02/01/25

383,260‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

70

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

500,000

Simon

Property

Group

LP

2

.000

%

09/13/24

$

478,117‌

450,000

Simon

Property

Group

LP

3

.375

10/01/24

443,793‌

800,000

Simon

Property

Group

LP

3

.500

09/01/25

779,436‌

625,000

Simon

Property

Group

LP

3

.300

01/15/26

604,518‌

350,000

Simon

Property

Group

LP

3

.250

11/30/26

333,627‌

1,000,000

e

Simon

Property

Group

LP

1

.375

01/15/27

875,426‌

200,000

Simon

Property

Group

LP

3

.375

06/15/27

189,848‌

300,000

Simon

Property

Group

LP

3

.375

12/01/27

281,627‌

1,000,000

Simon

Property

Group

LP

1

.750

02/01/28

852,213‌

1,750,000

Simon

Property

Group

LP

2

.450

09/13/29

1,486,753‌

750,000

e

Simon

Property

Group

LP

2

.650

07/15/30

636,300‌

1,000,000

Simon

Property

Group

LP

2

.200

02/01/31

811,758‌

500,000

Simon

Property

Group

LP

2

.250

01/15/32

398,946‌

1,500,000

Simon

Property

Group

LP

2

.650

02/01/32

1,240,652‌

1,500,000

Simon

Property

Group

LP

4

.250

10/01/44

1,276,134‌

300,000

Simon

Property

Group

LP

4

.250

11/30/46

258,409‌

500,000

Simon

Property

Group

LP

3

.250

09/13/49

362,784‌

750,000

Simon

Property

Group

LP

3

.800

07/15/50

600,363‌

150,000

SITE

Centers

Corp

4

.250

02/01/26

147,314‌

200,000

SITE

Centers

Corp

4

.700

06/01/27

197,331‌

200,000

SL

Green

Operating

Partnership

LP

3

.250

10/15/22

199,498‌

200,000

e

SL

Green

Realty

Corp

4

.500

12/01/22

200,261‌

525,000

Sovran

Acquisition

LP

3

.500

07/01/26

501,859‌

300,000

Spirit

Realty

LP

3

.200

01/15/27

275,361‌

1,000,000

Spirit

Realty

LP

2

.100

03/15/28

838,285‌

500,000

Spirit

Realty

LP

4

.000

07/15/29

456,999‌

300,000

Spirit

Realty

LP

3

.400

01/15/30

259,777‌

500,000

Spirit

Realty

LP

3

.200

02/15/31

418,694‌

1,000,000

Spirit

Realty

LP

2

.700

02/15/32

782,698‌

500,000

STORE

Capital

Corp

4

.625

03/15/29

487,828‌

500,000

STORE

Capital

Corp

2

.750

11/18/30

407,499‌

750,000

STORE

Capital

Corp

2

.700

12/01/31

600,477‌

500,000

Sun

Communities

Operating

LP

2

.300

11/01/28

427,704‌

1,250,000

Sun

Communities

Operating

LP

2

.700

07/15/31

1,007,334‌

100,000

Tanger

Properties

LP

3

.125

09/01/26

93,863‌

250,000

e

Tanger

Properties

LP

3

.875

07/15/27

237,158‌

500,000

Tanger

Properties

LP

2

.750

09/01/31

391,367‌

200,000

UDR,

Inc

3

.500

07/01/27

190,637‌

200,000

UDR,

Inc

3

.500

01/15/28

188,917‌

600,000

UDR,

Inc

3

.200

01/15/30

538,534‌

1,000,000

UDR,

Inc

3

.000

08/15/31

854,425‌

750,000

UDR,

Inc

2

.100

08/01/32

583,248‌

500,000

UDR,

Inc

1

.900

03/15/33

377,806‌

1,000,000

UDR,

Inc

2

.100

06/15/33

761,740‌

300,000

UDR,

Inc

3

.100

11/01/34

246,038‌

300,000

Ventas

Realty

LP

3

.500

04/15/24

296,557‌

750,000

Ventas

Realty

LP

2

.650

01/15/25

717,257‌

120,000

Ventas

Realty

LP

4

.125

01/15/26

118,712‌

200,000

Ventas

Realty

LP

3

.250

10/15/26

188,885‌

1,000,000

Ventas

Realty

LP

4

.000

03/01/28

954,917‌

525,000

Ventas

Realty

LP

4

.400

01/15/29

505,483‌

350,000

Ventas

Realty

LP

3

.000

01/15/30

306,222‌

500,000

Ventas

Realty

LP

4

.750

11/15/30

489,031‌

1,025,000

Ventas

Realty

LP

2

.500

09/01/31

841,742‌

300,000

Ventas

Realty

LP

4

.375

02/01/45

255,775‌

300,000

Ventas

Realty

LP

4

.875

04/15/49

277,515‌

1,500,000

VICI

Properties

LP

4

.375

05/15/25

1,465,019‌

850,000

VICI

Properties

LP

4

.750

02/15/28

811,300‌

750,000

VICI

Properties

LP

4

.950

02/15/30

710,783‌

1,000,000

VICI

Properties

LP

5

.125

05/15/32

942,340‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

71

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

1,000,000

VICI

Properties

LP

5

.625

%

05/15/52

$

910,170‌

200,000

Vornado

Realty

LP

3

.500

01/15/25

193,624‌

275,000

Vornado

Realty

LP

2

.150

06/01/26

244,991‌

275,000

Vornado

Realty

LP

3

.400

06/01/31

230,792‌

2,000,000

Welltower,

Inc

3

.625

03/15/24

1,984,131‌

600,000

Welltower,

Inc

4

.250

04/01/26

593,495‌

500,000

Welltower,

Inc

2

.700

02/15/27

461,756‌

600,000

Welltower,

Inc

4

.250

04/15/28

581,899‌

1,000,000

Welltower,

Inc

2

.050

01/15/29

841,643‌

500,000

Welltower,

Inc

4

.125

03/15/29

475,179‌

425,000

Welltower,

Inc

3

.100

01/15/30

376,375‌

400,000

Welltower,

Inc

2

.750

01/15/31

337,378‌

1,000,000

Welltower,

Inc

2

.800

06/01/31

843,667‌

500,000

Welltower,

Inc

2

.750

01/15/32

416,457‌

150,000

Welltower,

Inc

3

.850

06/15/32

136,692‌

300,000

Welltower,

Inc

4

.950

09/01/48

284,935‌

500,000

Weyerhaeuser

Co

4

.000

11/15/29

472,709‌

500,000

Weyerhaeuser

Co

4

.000

04/15/30

470,641‌

304,000

Weyerhaeuser

Co

7

.375

03/15/32

351,641‌

300,000

Weyerhaeuser

Co

3

.375

03/09/33

261,563‌

375,000

Weyerhaeuser

Co

4

.000

03/09/52

309,602‌

200,000

WP

Carey,

Inc

4

.600

04/01/24

200,997‌

347,000

WP

Carey,

Inc

4

.000

02/01/25

344,673‌

1,000,000

WP

Carey,

Inc

3

.850

07/15/29

930,936‌

750,000

WP

Carey,

Inc

2

.400

02/01/31

612,530‌

500,000

WP

Carey,

Inc

2

.450

02/01/32

402,137‌

1,000,000

WP

Carey,

Inc

2

.250

04/01/33

767,948‌

TOTAL

REAL

ESTATE

200,816,776‌

RETAILING

-

0

.8

%

100,000

Advance

Auto

Parts,

Inc

1

.750

10/01/27

84,969‌

500,000

Advance

Auto

Parts,

Inc

3

.900

04/15/30

454,638‌

1,000,000

Advance

Auto

Parts,

Inc

3

.500

03/15/32

857,628‌

1,200,000

e

Alibaba

Group

Holding

Ltd

2

.800

06/06/23

1,191,533‌

1,250,000

Alibaba

Group

Holding

Ltd

3

.600

11/28/24

1,242,330‌

1,325,000

Alibaba

Group

Holding

Ltd

3

.400

12/06/27

1,265,902‌

1,250,000

e

Alibaba

Group

Holding

Ltd

2

.125

02/09/31

1,033,549‌

500,000

Alibaba

Group

Holding

Ltd

4

.500

11/28/34

469,245‌

750,000

Alibaba

Group

Holding

Ltd

4

.000

12/06/37

647,678‌

1,250,000

Alibaba

Group

Holding

Ltd

2

.700

02/09/41

859,224‌

1,500,000

Alibaba

Group

Holding

Ltd

4

.200

12/06/47

1,241,703‌

1,250,000

Alibaba

Group

Holding

Ltd

3

.150

02/09/51

853,169‌

750,000

Alibaba

Group

Holding

Ltd

4

.400

12/06/57

615,339‌

1,250,000

Alibaba

Group

Holding

Ltd

3

.250

02/09/61

827,599‌

200,000

Allegion

US

Holding

Co,

Inc

3

.200

10/01/24

195,110‌

200,000

Allegion

US

Holding

Co,

Inc

3

.550

10/01/27

183,889‌

500,000

Allegion

US

Holding

Co,

Inc

5

.411

07/01/32

496,617‌

1,125,000

Amazon.com,

Inc

2

.800

08/22/24

1,116,075‌

425,000

Amazon.com,

Inc

3

.800

12/05/24

429,440‌

1,000,000

Amazon.com,

Inc

0

.800

06/03/25

931,022‌

325,000

Amazon.com,

Inc

5

.200

12/03/25

340,997‌

5,000,000

Amazon.com,

Inc

1

.000

05/12/26

4,547,029‌

3,000,000

Amazon.com,

Inc

3

.300

04/13/27

2,943,170‌

1,000,000

Amazon.com,

Inc

1

.200

06/03/27

889,753‌

2,700,000

Amazon.com,

Inc

3

.150

08/22/27

2,625,138‌

2,000,000

Amazon.com,

Inc

1

.650

05/12/28

1,772,163‌

2,000,000

Amazon.com,

Inc

3

.450

04/13/29

1,944,165‌

1,000,000

Amazon.com,

Inc

1

.500

06/03/30

830,876‌

2,000,000

Amazon.com,

Inc

2

.100

05/12/31

1,713,313‌

2,000,000

Amazon.com,

Inc

3

.600

04/13/32

1,925,832‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

72

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

1,800,000

Amazon.com,

Inc

4

.800

%

12/05/34

$

1,885,109‌

2,625,000

Amazon.com,

Inc

3

.875

08/22/37

2,488,278‌

2,500,000

Amazon.com,

Inc

2

.875

05/12/41

2,000,847‌

775,000

Amazon.com,

Inc

4

.950

12/05/44

811,418‌

2,875,000

Amazon.com,

Inc

4

.050

08/22/47

2,691,008‌

1,900,000

Amazon.com,

Inc

2

.500

06/03/50

1,339,105‌

2,500,000

Amazon.com,

Inc

3

.100

05/12/51

1,968,660‌

2,000,000

Amazon.com,

Inc

3

.950

04/13/52

1,847,852‌

1,900,000

Amazon.com,

Inc

4

.250

08/22/57

1,782,544‌

2,500,000

Amazon.com,

Inc

3

.250

05/12/61

1,900,650‌

2,000,000

Amazon.com,

Inc

4

.100

04/13/62

1,809,486‌

200,000

AutoNation,

Inc

3

.500

11/15/24

194,071‌

244,000

AutoNation,

Inc

4

.500

10/01/25

242,987‌

200,000

AutoNation,

Inc

3

.800

11/15/27

188,937‌

1,500,000

AutoNation,

Inc

1

.950

08/01/28

1,247,959‌

100,000

AutoNation,

Inc

4

.750

06/01/30

94,069‌

425,000

AutoNation,

Inc

2

.400

08/01/31

327,805‌

900,000

AutoNation,

Inc

3

.850

03/01/32

775,489‌

150,000

AutoZone,

Inc

3

.125

07/15/23

149,391‌

250,000

AutoZone,

Inc

3

.125

04/18/24

246,732‌

200,000

AutoZone,

Inc

3

.250

04/15/25

196,207‌

500,000

e

AutoZone,

Inc

3

.625

04/15/25

493,780‌

100,000

AutoZone,

Inc

3

.125

04/21/26

96,433‌

650,000

AutoZone,

Inc

3

.750

06/01/27

629,823‌

200,000

AutoZone,

Inc

3

.750

04/18/29

188,949‌

500,000

AutoZone,

Inc

4

.000

04/15/30

474,748‌

600,000

AutoZone,

Inc

1

.650

01/15/31

470,467‌

500,000

e

Best

Buy

Co,

Inc

4

.450

10/01/28

491,514‌

500,000

Best

Buy

Co,

Inc

1

.950

10/01/30

397,133‌

2,000,000

CDW

LLC

2

.670

12/01/26

1,781,868‌

1,000,000

CDW

LLC

3

.276

12/01/28

862,605‌

575,000

CDW

LLC

3

.569

12/01/31

475,045‌

1,000,000

Chevron

USA,

Inc

0

.426

08/11/23

971,973‌

2,000,000

Chevron

USA,

Inc

0

.687

08/12/25

1,836,697‌

2,000,000

Chevron

USA,

Inc

1

.018

08/12/27

1,744,595‌

1,000,000

Chevron

USA,

Inc

3

.250

10/15/29

949,111‌

250,000

Chevron

USA,

Inc

2

.343

08/12/50

172,437‌

1,000,000

Dick's

Sporting

Goods,

Inc

3

.150

01/15/32

790,076‌

1,000,000

Dick's

Sporting

Goods,

Inc

4

.100

01/15/52

664,958‌

355,000

Dollar

General

Corp

4

.150

11/01/25

355,125‌

300,000

Dollar

General

Corp

3

.875

04/15/27

294,561‌

500,000

Dollar

General

Corp

4

.125

05/01/28

487,918‌

500,000

Dollar

General

Corp

3

.500

04/03/30

460,097‌

500,000

Dollar

General

Corp

4

.125

04/03/50

416,789‌

500,000

Dollar

Tree,

Inc

4

.000

05/15/25

496,833‌

500,000

Dollar

Tree,

Inc

4

.200

05/15/28

485,682‌

1,000,000

Dollar

Tree,

Inc

2

.650

12/01/31

824,004‌

1,000,000

Dollar

Tree,

Inc

3

.375

12/01/51

709,799‌

400,000

eBay,

Inc

3

.450

08/01/24

396,267‌

1,000,000

eBay,

Inc

1

.400

05/10/26

899,493‌

1,200,000

eBay,

Inc

3

.600

06/05/27

1,150,945‌

1,200,000

eBay,

Inc

2

.700

03/11/30

1,025,491‌

1,000,000

e

eBay,

Inc

2

.600

05/10/31

831,291‌

200,000

eBay,

Inc

4

.000

07/15/42

170,246‌

1,000,000

eBay,

Inc

3

.650

05/10/51

771,827‌

1,500,000

Genuine

Parts

Co

1

.875

11/01/30

1,185,338‌

275,000

Genuine

Parts

Co

2

.750

02/01/32

227,511‌

1,000,000

g

GSK

Consumer

Healthcare

Capital

UK

plc

3

.125

03/24/25

973,854‌

500,000

g

HF

Sinclair

Corp

2

.625

10/01/23

485,558‌

200,000

g

HF

Sinclair

Corp

5

.875

04/01/26

201,728‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

73

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

500,000

g

HF

Sinclair

Corp

4

.500

%

10/01/30

$

455,115‌

550,000

Home

Depot,

Inc

3

.750

02/15/24

555,509‌

350,000

Home

Depot,

Inc

3

.350

09/15/25

347,477‌

1,925,000

Home

Depot,

Inc

3

.000

04/01/26

1,887,163‌

1,550,000

Home

Depot,

Inc

2

.125

09/15/26

1,466,890‌

2,000,000

Home

Depot,

Inc

2

.875

04/15/27

1,932,166‌

2,000,000

Home

Depot,

Inc

0

.900

03/15/28

1,701,392‌

1,000,000

Home

Depot,

Inc

1

.500

09/15/28

870,677‌

825,000

Home

Depot,

Inc

3

.900

12/06/28

824,713‌

2,333,000

Home

Depot,

Inc

2

.950

06/15/29

2,177,354‌

375,000

Home

Depot,

Inc

2

.700

04/15/30

340,141‌

2,000,000

Home

Depot,

Inc

1

.375

03/15/31

1,611,279‌

1,000,000

Home

Depot,

Inc

1

.875

09/15/31

832,778‌

1,000,000

Home

Depot,

Inc

3

.250

04/15/32

931,600‌

425,000

Home

Depot,

Inc

5

.875

12/16/36

488,657‌

150,000

Home

Depot,

Inc

5

.950

04/01/41

170,591‌

675,000

Home

Depot,

Inc

4

.200

04/01/43

630,848‌

450,000

Home

Depot,

Inc

4

.875

02/15/44

456,686‌

650,000

Home

Depot,

Inc

4

.400

03/15/45

620,517‌

725,000

Home

Depot,

Inc

4

.250

04/01/46

680,486‌

2,100,000

Home

Depot,

Inc

3

.900

06/15/47

1,877,310‌

2,000,000

Home

Depot,

Inc

4

.500

12/06/48

1,948,801‌

1,000,000

Home

Depot,

Inc

3

.125

12/15/49

777,283‌

2,655,000

Home

Depot,

Inc

3

.350

04/15/50

2,155,856‌

3,000,000

Home

Depot,

Inc

2

.375

03/15/51

2,028,753‌

1,000,000

Home

Depot,

Inc

2

.750

09/15/51

726,699‌

500,000

Home

Depot,

Inc

3

.625

04/15/52

428,882‌

675,000

Home

Depot,

Inc

3

.500

09/15/56

549,734‌

500,000

e

JD.com,

Inc

3

.375

01/14/30

456,767‌

500,000

JD.com,

Inc

4

.125

01/14/50

392,763‌

750,000

e

Kohl's

Corp

3

.375

05/01/31

650,445‌

200,000

Kohl's

Corp

5

.550

07/17/45

168,551‌

300,000

Lowe's

Cos,

Inc

3

.875

09/15/23

301,881‌

400,000

Lowe's

Cos,

Inc

3

.125

09/15/24

395,764‌

1,000,000

Lowe's

Cos,

Inc

4

.000

04/15/25

1,003,303‌

1,100,000

Lowe's

Cos,

Inc

3

.375

09/15/25

1,080,929‌

500,000

Lowe's

Cos,

Inc

2

.500

04/15/26

472,365‌

1,000,000

Lowe's

Cos,

Inc

3

.350

04/01/27

962,328‌

2,000,000

Lowe's

Cos,

Inc

1

.300

04/15/28

1,689,313‌

1,500,000

Lowe's

Cos,

Inc

1

.700

09/15/28

1,277,040‌

775,000

Lowe's

Cos,

Inc

3

.650

04/05/29

730,664‌

306,000

Lowe's

Cos,

Inc

4

.500

04/15/30

302,329‌

1,500,000

Lowe's

Cos,

Inc

1

.700

10/15/30

1,202,830‌

800,000

Lowe's

Cos,

Inc

2

.625

04/01/31

684,721‌

1,000,000

Lowe's

Cos,

Inc

3

.750

04/01/32

927,766‌

700,000

Lowe's

Cos,

Inc

2

.800

09/15/41

508,392‌

56,000

Lowe's

Cos,

Inc

4

.250

09/15/44

46,755‌

1,075,000

Lowe's

Cos,

Inc

3

.700

04/15/46

861,586‌

2,000,000

Lowe's

Cos,

Inc

4

.050

05/03/47

1,669,752‌

1,425,000

Lowe's

Cos,

Inc

4

.550

04/05/49

1,282,638‌

1,320,000

Lowe's

Cos,

Inc

5

.125

04/15/50

1,288,314‌

450,000

Lowe's

Cos,

Inc

3

.000

10/15/50

313,550‌

1,000,000

Lowe's

Cos,

Inc

3

.500

04/01/51

757,668‌

500,000

Lowe's

Cos,

Inc

4

.250

04/01/52

432,974‌

500,000

Lowe's

Cos,

Inc

4

.450

04/01/62

427,104‌

1,000,000

O'Reilly

Automotive,

Inc

3

.600

09/01/27

965,660‌

300,000

O'Reilly

Automotive,

Inc

4

.350

06/01/28

298,976‌

500,000

O'Reilly

Automotive,

Inc

3

.900

06/01/29

473,470‌

200,000

O'Reilly

Automotive,

Inc

1

.750

03/15/31

158,538‌

2,000,000

O'Reilly

Automotive,

Inc

4

.700

06/15/32

1,991,819‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

74

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

300,000

Ross

Stores,

Inc

4

.600

%

04/15/25

$

303,254‌

500,000

Ross

Stores,

Inc

0

.875

04/15/26

442,034‌

55,000

Ross

Stores,

Inc

4

.700

04/15/27

55,290‌

500,000

e

Ross

Stores,

Inc

1

.875

04/15/31

395,257‌

350,000

Target

Corp

3

.500

07/01/24

351,018‌

200,000

Target

Corp

2

.250

04/15/25

193,059‌

1,700,000

Target

Corp

2

.500

04/15/26

1,627,936‌

1,000,000

e

Target

Corp

1

.950

01/15/27

927,625‌

1,500,000

Target

Corp

3

.375

04/15/29

1,442,547‌

600,000

Target

Corp

2

.350

02/15/30

529,881‌

5,000,000

Target

Corp

2

.650

09/15/30

4,486,621‌

1,000,000

Target

Corp

2

.950

01/15/52

757,034‌

300,000

TJX

Cos,

Inc

2

.500

05/15/23

299,515‌

525,000

TJX

Cos,

Inc

2

.250

09/15/26

492,220‌

2,750,000

TJX

Cos,

Inc

1

.150

05/15/28

2,332,350‌

500,000

TJX

Cos,

Inc

1

.600

05/15/31

402,757‌

650,000

Tractor

Supply

Co

1

.750

11/01/30

510,696‌

TOTAL

RETAILING

154,261,674‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.5

%

500,000

Advanced

Micro

Devices,

Inc

3

.924

06/01/32

492,093‌

500,000

Advanced

Micro

Devices,

Inc

4

.393

06/01/52

486,583‌

200,000

Altera

Corp

4

.100

11/15/23

202,225‌

250,000

Analog

Devices,

Inc

2

.950

04/01/25

244,897‌

1,175,000

Analog

Devices,

Inc

3

.500

12/05/26

1,157,921‌

1,000,000

Analog

Devices,

Inc

1

.700

10/01/28

876,478‌

600,000

Analog

Devices,

Inc

2

.100

10/01/31

512,300‌

300,000

Analog

Devices,

Inc

2

.800

10/01/41

235,046‌

1,000,000

Analog

Devices,

Inc

2

.950

10/01/51

762,983‌

1,000,000

Applied

Materials,

Inc

3

.300

04/01/27

976,250‌

950,000

Applied

Materials,

Inc

1

.750

06/01/30

799,352‌

250,000

Applied

Materials,

Inc

5

.100

10/01/35

262,651‌

100,000

Applied

Materials,

Inc

5

.850

06/15/41

113,775‌

1,200,000

Applied

Materials,

Inc

4

.350

04/01/47

1,161,076‌

775,000

Applied

Materials,

Inc

2

.750

06/01/50

577,164‌

2,000,000

g

Broadcom,

Inc

1

.950

02/15/28

1,702,975‌

300,000

g

Broadcom,

Inc

4

.000

04/15/29

277,979‌

343,000

Broadcom,

Inc

4

.150

11/15/30

314,261‌

1,500,000

g

Broadcom,

Inc

2

.450

02/15/31

1,205,158‌

625,000

g

Broadcom,

Inc

4

.150

04/15/32

564,253‌

1,500,000

Broadcom,

Inc

4

.300

11/15/32

1,362,359‌

1,500,000

g

Broadcom,

Inc

2

.600

02/15/33

1,153,362‌

5,883,000

g

Broadcom,

Inc

3

.419

04/15/33

4,863,736‌

2,522,000

g

Broadcom,

Inc

3

.469

04/15/34

2,052,574‌

6,327,000

g

Broadcom,

Inc

3

.137

11/15/35

4,804,612‌

4,043,000

g

Broadcom,

Inc

3

.187

11/15/36

3,073,389‌

3,336,000

g

Broadcom,

Inc

4

.926

05/15/37

2,990,866‌

850,000

g

Broadcom,

Inc

3

.500

02/15/41

641,002‌

3,000,000

g

Broadcom,

Inc

3

.750

02/15/51

2,222,599‌

2,050,000

Intel

Corp

3

.700

07/29/25

2,062,947‌

2,480,000

e

Intel

Corp

2

.600

05/19/26

2,391,439‌

1,500,000

Intel

Corp

1

.600

08/12/28

1,312,891‌

2,500,000

Intel

Corp

2

.450

11/15/29

2,230,641‌

1,500,000

Intel

Corp

3

.900

03/25/30

1,469,435‌

2,000,000

e

Intel

Corp

2

.000

08/12/31

1,672,831‌

250,000

Intel

Corp

4

.000

12/15/32

244,697‌

1,000,000

Intel

Corp

2

.800

08/12/41

762,883‌

200,000

Intel

Corp

4

.100

05/19/46

181,210‌

675,000

Intel

Corp

4

.100

05/11/47

610,814‌

3,328,000

Intel

Corp

3

.734

12/08/47

2,823,663‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

75

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT—continued

$

2,500,000

Intel

Corp

3

.250

%

11/15/49

$

1,943,273‌

3,175,000

Intel

Corp

4

.750

03/25/50

3,114,109‌

1,000,000

Intel

Corp

3

.050

08/12/51

744,521‌

1,000,000

Intel

Corp

3

.100

02/15/60

714,029‌

1,000,000

KLA

Corp

3

.300

03/01/50

791,997‌

200,000

Lam

Research

Corp

3

.800

03/15/25

200,365‌

150,000

Lam

Research

Corp

3

.750

03/15/26

149,632‌

275,000

Lam

Research

Corp

4

.000

03/15/29

270,179‌

125,000

Lam

Research

Corp

1

.900

06/15/30

105,477‌

825,000

Lam

Research

Corp

4

.875

03/15/49

838,509‌

200,000

Lam

Research

Corp

2

.875

06/15/50

146,687‌

1,200,000

Lam

Research

Corp

3

.125

06/15/60

868,634‌

400,000

Maxim

Integrated

Products,

Inc

3

.450

06/15/27

381,430‌

1,000,000

Microchip

Technology,

Inc

4

.333

06/01/23

1,000,535‌

425,000

Micron

Technology,

Inc

4

.975

02/06/26

429,129‌

750,000

Micron

Technology,

Inc

4

.185

02/15/27

732,024‌

400,000

Micron

Technology,

Inc

5

.327

02/06/29

397,845‌

500,000

Micron

Technology,

Inc

4

.663

02/15/30

479,479‌

1,000,000

Micron

Technology,

Inc

2

.703

04/15/32

797,346‌

750,000

Micron

Technology,

Inc

3

.366

11/01/41

543,418‌

750,000

Micron

Technology,

Inc

3

.477

11/01/51

517,406‌

800,000

NVIDIA

Corp

3

.200

09/16/26

791,353‌

1,000,000

NVIDIA

Corp

1

.550

06/15/28

875,994‌

750,000

NVIDIA

Corp

2

.850

04/01/30

686,613‌

1,500,000

NVIDIA

Corp

2

.000

06/15/31

1,273,550‌

1,000,000

NVIDIA

Corp

3

.500

04/01/40

875,336‌

2,067,000

NVIDIA

Corp

3

.500

04/01/50

1,754,423‌

300,000

g

NXP

BV

2

.700

05/01/25

285,175‌

750,000

NXP

BV

3

.875

06/18/26

722,400‌

300,000

NXP

BV

3

.150

05/01/27

277,972‌

175,000

NXP

BV

4

.400

06/01/27

172,275‌

750,000

NXP

BV

4

.300

06/18/29

715,518‌

675,000

NXP

BV

3

.400

05/01/30

595,436‌

2,000,000

NXP

BV

2

.500

05/11/31

1,644,086‌

1,000,000

NXP

BV

2

.650

02/15/32

821,445‌

500,000

NXP

BV

5

.000

01/15/33

487,941‌

1,375,000

g

NXP

BV

3

.250

05/11/41

1,034,994‌

325,000

NXP

BV

3

.125

02/15/42

236,364‌

500,000

NXP

BV

3

.250

11/30/51

346,215‌

2,800,000

QUALCOMM,

Inc

3

.250

05/20/27

2,738,026‌

1,339,000

QUALCOMM,

Inc

1

.300

05/20/28

1,158,587‌

1,000,000

QUALCOMM,

Inc

2

.150

05/20/30

876,183‌

2,384,000

QUALCOMM,

Inc

1

.650

05/20/32

1,925,400‌

750,000

QUALCOMM,

Inc

4

.650

05/20/35

768,070‌

650,000

QUALCOMM,

Inc

4

.800

05/20/45

665,952‌

1,525,000

QUALCOMM,

Inc

4

.300

05/20/47

1,462,092‌

300,000

Skyworks

Solutions,

Inc

1

.800

06/01/26

266,101‌

1,000,000

Skyworks

Solutions,

Inc

3

.000

06/01/31

821,359‌

1,000,000

Texas

Instruments,

Inc

2

.250

09/04/29

899,978‌

325,000

Texas

Instruments,

Inc

1

.750

05/04/30

278,665‌

350,000

Texas

Instruments,

Inc

3

.875

03/15/39

329,642‌

2,700,000

Texas

Instruments,

Inc

4

.150

05/15/48

2,589,765‌

1,000,000

e

Texas

Instruments,

Inc

2

.700

09/15/51

760,119‌

475,000

Xilinx,

Inc

2

.950

06/01/24

471,465‌

1,000,000

Xilinx,

Inc

2

.375

06/01/30

881,785‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

97,509,673‌

SOFTWARE

&

SERVICES

-

1

.0

%

775,000

Adobe

Systems,

Inc

3

.250

02/01/25

770,605‌

500,000

Adobe,

Inc

1

.900

02/01/25

481,443‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

76

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SOFTWARE

&

SERVICES—continued

$

1,000,000

Adobe,

Inc

2

.150

%

02/01/27

$

934,783‌

925,000

Adobe,

Inc

2

.300

02/01/30

816,855‌

1,000,000

Amdocs

Ltd

2

.538

06/15/30

842,164‌

250,000

Autodesk,

Inc

4

.375

06/15/25

253,720‌

450,000

Autodesk,

Inc

3

.500

06/15/27

430,358‌

750,000

Autodesk,

Inc

2

.850

01/15/30

655,494‌

1,000,000

Autodesk,

Inc

2

.400

12/15/31

816,207‌

700,000

Automatic

Data

Processing,

Inc

3

.375

09/15/25

699,996‌

400,000

Automatic

Data

Processing,

Inc

1

.700

05/15/28

359,770‌

900,000

Automatic

Data

Processing,

Inc

1

.250

09/01/30

735,101‌

350,000

Broadridge

Financial

Solutions,

Inc

3

.400

06/27/26

338,477‌

1,000,000

Broadridge

Financial

Solutions,

Inc

2

.900

12/01/29

875,403‌

2,000,000

Broadridge

Financial

Solutions,

Inc

2

.600

05/01/31

1,670,292‌

1,500,000

Citrix

Systems,

Inc

1

.250

03/01/26

1,451,194‌

500,000

Citrix

Systems,

Inc

4

.500

12/01/27

494,618‌

750,000

Citrix

Systems,

Inc

3

.300

03/01/30

731,532‌

1,000,000

FactSet

Research

Systems,

Inc

2

.900

03/01/27

935,000‌

1,000,000

FactSet

Research

Systems,

Inc

3

.450

03/01/32

876,473‌

3,000,000

Fidelity

National

Information

Services,

Inc

0

.600

03/01/24

2,839,468‌

1,500,000

Fidelity

National

Information

Services,

Inc

1

.150

03/01/26

1,326,306‌

1,500,000

Fidelity

National

Information

Services,

Inc

1

.650

03/01/28

1,279,562‌

825,000

Fidelity

National

Information

Services,

Inc

2

.250

03/01/31

669,592‌

425,000

Fidelity

National

Information

Services,

Inc

3

.100

03/01/41

310,123‌

300,000

Fidelity

National

Information

Services,

Inc

4

.500

08/15/46

264,417‌

125,000

Fiserv,

Inc

3

.800

10/01/23

125,060‌

2,000,000

Fiserv,

Inc

2

.750

07/01/24

1,950,865‌

1,675,000

Fiserv,

Inc

3

.850

06/01/25

1,658,027‌

900,000

Fiserv,

Inc

3

.200

07/01/26

852,195‌

1,125,000

Fiserv,

Inc

3

.500

07/01/29

1,026,211‌

2,175,000

Fiserv,

Inc

2

.650

06/01/30

1,842,200‌

2,300,000

Fiserv,

Inc

4

.400

07/01/49

1,976,647‌

1,000,000

Fortinet,

Inc

1

.000

03/15/26

879,175‌

1,000,000

Fortinet,

Inc

2

.200

03/15/31

809,315‌

500,000

Genpact

Luxembourg

Sarl

3

.375

12/01/24

490,495‌

1,000,000

Genpact

Luxembourg

Sarl

1

.750

04/10/26

910,232‌

125,000

Global

Payments,

Inc

3

.750

06/01/23

124,099‌

500,000

Global

Payments,

Inc

4

.000

06/01/23

499,136‌

575,000

Global

Payments,

Inc

2

.650

02/15/25

548,738‌

2,500,000

Global

Payments,

Inc

1

.200

03/01/26

2,202,321‌

300,000

Global

Payments,

Inc

4

.800

04/01/26

299,987‌

1,000,000

Global

Payments,

Inc

2

.150

01/15/27

887,562‌

500,000

Global

Payments,

Inc

4

.450

06/01/28

481,138‌

475,000

Global

Payments,

Inc

3

.200

08/15/29

415,095‌

325,000

Global

Payments,

Inc

2

.900

05/15/30

274,230‌

1,000,000

Global

Payments,

Inc

2

.900

11/15/31

818,940‌

1,250,000

e

Global

Payments,

Inc

4

.150

08/15/49

977,400‌

550,000

International

Business

Machines

Corp

3

.375

08/01/23

550,959‌

600,000

International

Business

Machines

Corp

3

.625

02/12/24

601,270‌

3,000,000

International

Business

Machines

Corp

3

.000

05/15/24

2,975,972‌

350,000

International

Business

Machines

Corp

3

.450

02/19/26

345,202‌

2,500,000

International

Business

Machines

Corp

3

.300

05/15/26

2,438,340‌

1,000,000

International

Business

Machines

Corp

1

.700

05/15/27

899,418‌

2,675,000

International

Business

Machines

Corp

3

.500

05/15/29

2,543,177‌

2,900,000

International

Business

Machines

Corp

1

.950

05/15/30

2,430,307‌

1,850,000

International

Business

Machines

Corp

4

.150

05/15/39

1,669,162‌

19,000

International

Business

Machines

Corp

5

.600

11/30/39

20,090‌

450,000

International

Business

Machines

Corp

2

.850

05/15/40

340,932‌

1,060,000

International

Business

Machines

Corp

4

.000

06/20/42

918,078‌

1,500,000

International

Business

Machines

Corp

4

.700

02/19/46

1,405,029‌

2,500,000

International

Business

Machines

Corp

4

.250

05/15/49

2,209,261‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

77

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SOFTWARE

&

SERVICES—continued

$

975,000

International

Business

Machines

Corp

2

.950

%

05/15/50

$

705,937‌

300,000

Intuit,

Inc

0

.950

07/15/25

276,227‌

350,000

Intuit,

Inc

1

.350

07/15/27

305,601‌

350,000

Intuit,

Inc

1

.650

07/15/30

287,384‌

1,000,000

Mastercard,

Inc

3

.375

04/01/24

999,519‌

1,000,000

Mastercard,

Inc

2

.000

03/03/25

962,278‌

425,000

Mastercard,

Inc

2

.950

11/21/26

414,731‌

750,000

Mastercard,

Inc

3

.500

02/26/28

739,619‌

1,000,000

Mastercard,

Inc

2

.950

06/01/29

936,959‌

625,000

Mastercard,

Inc

1

.900

03/15/31

533,658‌

1,500,000

e

Mastercard,

Inc

2

.000

11/18/31

1,264,166‌

200,000

Mastercard,

Inc

3

.800

11/21/46

180,605‌

300,000

Mastercard,

Inc

3

.950

02/26/48

277,299‌

1,000,000

Mastercard,

Inc

3

.650

06/01/49

879,410‌

1,350,000

Mastercard,

Inc

3

.850

03/26/50

1,236,060‌

850,000

Mastercard,

Inc

2

.950

03/15/51

659,388‌

1,450,000

Microsoft

Corp

2

.000

08/08/23

1,435,707‌

800,000

Microsoft

Corp

3

.625

12/15/23

806,116‌

975,000

Microsoft

Corp

2

.700

02/12/25

969,035‌

1,075,000

Microsoft

Corp

3

.125

11/03/25

1,074,153‌

2,925,000

Microsoft

Corp

2

.400

08/08/26

2,811,140‌

8,739,000

Microsoft

Corp

3

.300

02/06/27

8,681,573‌

150,000

Microsoft

Corp

3

.500

02/12/35

143,739‌

1,072,000

Microsoft

Corp

3

.450

08/08/36

1,010,506‌

8,038,000

Microsoft

Corp

2

.525

06/01/50

5,920,198‌

6,265,000

Microsoft

Corp

2

.921

03/17/52

4,941,922‌

7,374,000

Microsoft

Corp

2

.675

06/01/60

5,286,841‌

1,073,000

Microsoft

Corp

3

.041

03/17/62

831,709‌

225,000

Oracle

Corp

3

.625

07/15/23

224,310‌

2,375,000

Oracle

Corp

2

.400

09/15/23

2,337,775‌

1,225,000

e

Oracle

Corp

3

.400

07/08/24

1,207,505‌

900,000

Oracle

Corp

2

.950

11/15/24

872,129‌

6,500,000

Oracle

Corp

2

.500

04/01/25

6,175,760‌

1,650,000

Oracle

Corp

2

.950

05/15/25

1,579,379‌

3,000,000

Oracle

Corp

1

.650

03/25/26

2,687,276‌

2,884,000

Oracle

Corp

2

.650

07/15/26

2,658,061‌

1,000,000

Oracle

Corp

2

.800

04/01/27

912,007‌

3,000,000

Oracle

Corp

2

.300

03/25/28

2,581,171‌

1,000,000

Oracle

Corp

2

.950

04/01/30

853,998‌

400,000

Oracle

Corp

3

.250

05/15/30

346,845‌

3,000,000

Oracle

Corp

2

.875

03/25/31

2,471,739‌

2,497,000

Oracle

Corp

4

.300

07/08/34

2,178,418‌

650,000

Oracle

Corp

3

.900

05/15/35

536,077‌

1,225,000

Oracle

Corp

3

.850

07/15/36

984,321‌

4,000,000

Oracle

Corp

3

.800

11/15/37

3,112,158‌

100,000

Oracle

Corp

6

.500

04/15/38

102,880‌

470,000

Oracle

Corp

6

.125

07/08/39

470,596‌

675,000

Oracle

Corp

3

.600

04/01/40

504,427‌

325,000

Oracle

Corp

5

.375

07/15/40

296,000‌

2,000,000

Oracle

Corp

3

.650

03/25/41

1,490,443‌

500,000

Oracle

Corp

4

.500

07/08/44

408,113‌

325,000

Oracle

Corp

4

.125

05/15/45

247,180‌

2,025,000

Oracle

Corp

4

.000

07/15/46

1,497,137‌

3,100,000

Oracle

Corp

4

.000

11/15/47

2,298,768‌

7,350,000

Oracle

Corp

3

.600

04/01/50

5,105,738‌

2,000,000

Oracle

Corp

3

.950

03/25/51

1,468,994‌

500,000

Oracle

Corp

4

.375

05/15/55

376,797‌

1,500,000

Oracle

Corp

3

.850

04/01/60

1,029,026‌

2,000,000

Oracle

Corp

4

.100

03/25/61

1,414,950‌

1,000,000

PayPal

Holdings,

Inc

2

.400

10/01/24

974,903‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

78

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SOFTWARE

&

SERVICES—continued

$

1,000,000

PayPal

Holdings,

Inc

1

.650

%

06/01/25

$

943,329‌

1,000,000

PayPal

Holdings,

Inc

2

.650

10/01/26

948,270‌

1,000,000

PayPal

Holdings,

Inc

2

.850

10/01/29

904,844‌

500,000

PayPal

Holdings,

Inc

2

.300

06/01/30

429,231‌

1,000,000

e

PayPal

Holdings,

Inc

3

.250

06/01/50

755,621‌

750,000

Roper

Technologies,

Inc

1

.400

09/15/27

642,430‌

925,000

salesforce.com,

Inc

3

.700

04/11/28

914,274‌

2,000,000

salesforce.com,

Inc

1

.500

07/15/28

1,746,784‌

1,250,000

salesforce.com,

Inc

1

.950

07/15/31

1,061,760‌

1,075,000

salesforce.com,

Inc

2

.700

07/15/41

830,968‌

2,000,000

salesforce.com,

Inc

2

.900

07/15/51

1,512,415‌

2,000,000

salesforce.com,

Inc

3

.050

07/15/61

1,462,342‌

1,000,000

ServiceNow,

Inc

1

.400

09/01/30

782,524‌

1,000,000

Take-Two

Interactive

Software,

Inc

3

.550

04/14/25

983,587‌

375,000

Take-Two

Interactive

Software,

Inc

3

.700

04/14/27

363,993‌

1,000,000

Take-Two

Interactive

Software,

Inc

4

.000

04/14/32

938,514‌

750,000

VeriSign,

Inc

2

.700

06/15/31

603,557‌

3,725,000

Visa,

Inc

3

.150

12/14/25

3,666,913‌

2,000,000

Visa,

Inc

1

.900

04/15/27

1,844,777‌

1,175,000

Visa,

Inc

0

.750

08/15/27

1,019,337‌

700,000

Visa,

Inc

2

.750

09/15/27

668,989‌

475,000

Visa,

Inc

2

.050

04/15/30

416,679‌

1,500,000

Visa,

Inc

1

.100

02/15/31

1,200,006‌

250,000

Visa,

Inc

4

.150

12/14/35

248,463‌

1,500,000

Visa,

Inc

2

.700

04/15/40

1,206,021‌

2,325,000

Visa,

Inc

4

.300

12/14/45

2,296,695‌

1,125,000

Visa,

Inc

3

.650

09/15/47

1,001,177‌

750,000

e

Visa,

Inc

2

.000

08/15/50

497,430‌

500,000

VMware,

Inc

4

.500

05/15/25

501,355‌

1,500,000

VMware,

Inc

1

.400

08/15/26

1,327,067‌

725,000

VMware,

Inc

3

.900

08/21/27

695,894‌

1,500,000

VMware,

Inc

1

.800

08/15/28

1,245,689‌

1,000,000

VMware,

Inc

4

.700

05/15/30

964,189‌

1,150,000

VMware,

Inc

2

.200

08/15/31

905,541‌

200,000

Western

Union

Co

4

.250

06/09/23

200,025‌

500,000

Western

Union

Co

2

.850

01/10/25

479,551‌

1,000,000

Western

Union

Co

1

.350

03/15/26

892,794‌

1,000,000

Western

Union

Co

2

.750

03/15/31

819,799‌

1,500,000

Workday,

Inc

3

.500

04/01/27

1,434,443‌

1,500,000

Workday,

Inc

3

.700

04/01/29

1,403,086‌

1,500,000

e

Workday,

Inc

3

.800

04/01/32

1,370,513‌

TOTAL

SOFTWARE

&

SERVICES

197,362,455‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.7

%

200,000

Amphenol

Corp

3

.200

04/01/24

198,534‌

250,000

Amphenol

Corp

2

.050

03/01/25

238,821‌

450,000

Amphenol

Corp

4

.350

06/01/29

442,064‌

1,000,000

Amphenol

Corp

2

.800

02/15/30

875,465‌

2,000,000

Amphenol

Corp

2

.200

09/15/31

1,632,612‌

2,725,000

Apple,

Inc

3

.450

05/06/24

2,734,161‌

2,000,000

Apple,

Inc

1

.125

05/11/25

1,877,299‌

1,125,000

Apple,

Inc

3

.200

05/13/25

1,124,998‌

3,000,000

Apple,

Inc

0

.700

02/08/26

2,731,308‌

2,825,000

Apple,

Inc

3

.250

02/23/26

2,804,548‌

1,425,000

Apple,

Inc

2

.450

08/04/26

1,363,065‌

3,250,000

Apple,

Inc

2

.050

09/11/26

3,059,894‌

1,075,000

Apple,

Inc

3

.350

02/09/27

1,068,071‌

275,000

Apple,

Inc

3

.200

05/11/27

271,132‌

3,675,000

Apple,

Inc

3

.000

11/13/27

3,559,823‌

3,000,000

Apple,

Inc

1

.200

02/08/28

2,624,365‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

79

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

$

2,500,000

Apple,

Inc

1

.400

%

08/05/28

$

2,187,477‌

1,000,000

Apple,

Inc

2

.200

09/11/29

900,450‌

2,950,000

Apple,

Inc

1

.650

05/11/30

2,500,265‌

3,000,000

Apple,

Inc

1

.250

08/20/30

2,460,632‌

3,000,000

Apple,

Inc

1

.650

02/08/31

2,521,902‌

2,500,000

e

Apple,

Inc

1

.700

08/05/31

2,098,429‌

1,600,000

Apple,

Inc

4

.500

02/23/36

1,667,706‌

2,000,000

Apple,

Inc

2

.375

02/08/41

1,529,819‌

350,000

Apple,

Inc

3

.850

05/04/43

321,904‌

750,000

Apple,

Inc

4

.450

05/06/44

746,597‌

1,350,000

Apple,

Inc

3

.450

02/09/45

1,174,058‌

1,000,000

Apple,

Inc

4

.375

05/13/45

989,071‌

1,775,000

Apple,

Inc

4

.650

02/23/46

1,827,196‌

900,000

Apple,

Inc

3

.850

08/04/46

823,203‌

1,175,000

Apple,

Inc

4

.250

02/09/47

1,145,571‌

900,000

Apple,

Inc

3

.750

09/12/47

811,685‌

2,850,000

Apple,

Inc

3

.750

11/13/47

2,561,033‌

3,000,000

Apple,

Inc

2

.950

09/11/49

2,359,917‌

3,350,000

Apple,

Inc

2

.650

05/11/50

2,470,992‌

1,375,000

Apple,

Inc

2

.400

08/20/50

964,964‌

2,000,000

Apple,

Inc

2

.650

02/08/51

1,474,032‌

1,000,000

Apple,

Inc

2

.700

08/05/51

745,830‌

25,000

Apple,

Inc

2

.550

08/20/60

17,121‌

2,000,000

Apple,

Inc

2

.800

02/08/61

1,435,597‌

1,000,000

Apple,

Inc

2

.850

08/05/61

724,579‌

425,000

Arrow

Electronics,

Inc

3

.250

09/08/24

415,488‌

200,000

Arrow

Electronics,

Inc

4

.000

04/01/25

198,815‌

425,000

Arrow

Electronics,

Inc

3

.875

01/12/28

404,344‌

1,500,000

Arrow

Electronics,

Inc

2

.950

02/15/32

1,244,616‌

200,000

Avnet,

Inc

4

.625

04/15/26

201,098‌

1,000,000

Avnet,

Inc

3

.000

05/15/31

826,750‌

500,000

Cisco

Systems,

Inc

2

.600

02/28/23

498,538‌

1,100,000

Cisco

Systems,

Inc

3

.625

03/04/24

1,106,229‌

400,000

Cisco

Systems,

Inc

3

.500

06/15/25

401,378‌

500,000

Cisco

Systems,

Inc

2

.950

02/28/26

490,560‌

3,000,000

Cisco

Systems,

Inc

2

.500

09/20/26

2,881,804‌

1,000,000

Cisco

Systems,

Inc

5

.900

02/15/39

1,138,499‌

1,175,000

Cisco

Systems,

Inc

5

.500

01/15/40

1,281,467‌

200,000

Corning,

Inc

4

.700

03/15/37

189,090‌

100,000

Corning,

Inc

5

.750

08/15/40

104,671‌

200,000

Corning,

Inc

4

.750

03/15/42

186,836‌

300,000

Corning,

Inc

5

.350

11/15/48

302,249‌

500,000

Corning,

Inc

3

.900

11/15/49

400,633‌

825,000

Corning,

Inc

4

.375

11/15/57

674,956‌

200,000

Corning,

Inc

5

.850

11/15/68

199,384‌

1,000,000

Corning,

Inc

5

.450

11/15/79

900,801‌

1,107,000

Dell

International

LLC

5

.450

06/15/23

1,118,185‌

875,000

Dell

International

LLC

4

.000

07/15/24

871,935‌

2,925,000

Dell

International

LLC

6

.020

06/15/26

3,036,024‌

1,050,000

Dell

International

LLC

4

.900

10/01/26

1,050,377‌

2,900,000

Dell

International

LLC

5

.300

10/01/29

2,858,907‌

608,000

Dell

International

LLC

8

.100

07/15/36

709,709‌

2,000,000

g

Dell

International

LLC

3

.375

12/15/41

1,428,792‌

377,000

Dell

International

LLC

8

.350

07/15/46

469,487‌

2,000,000

g

Dell

International

LLC

3

.450

12/15/51

1,353,160‌

800,000

Flex

Ltd

4

.750

06/15/25

805,950‌

500,000

Flex

Ltd

3

.750

02/01/26

478,420‌

600,000

Flex

Ltd

4

.875

06/15/29

577,837‌

1,000,000

Flex

Ltd

4

.875

05/12/30

951,837‌

1,000,000

FLIR

Systems,

Inc

2

.500

08/01/30

828,622‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

80

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

$

500,000

Hewlett

Packard

Enterprise

Co

4

.450

%

10/02/23

$

505,001‌

1,500,000

Hewlett

Packard

Enterprise

Co

1

.450

04/01/24

1,439,609‌

3,000,000

Hewlett

Packard

Enterprise

Co

4

.900

10/15/25

3,045,269‌

225,000

Hewlett

Packard

Enterprise

Co

6

.200

10/15/35

238,118‌

1,175,000

Hewlett

Packard

Enterprise

Co

6

.350

10/15/45

1,181,866‌

1,000,000

HP,

Inc

2

.200

06/17/25

945,016‌

1,000,000

HP,

Inc

1

.450

06/17/26

888,313‌

1,000,000

HP,

Inc

3

.000

06/17/27

924,540‌

500,000

HP,

Inc

4

.750

01/15/28

494,066‌

1,000,000

HP,

Inc

4

.000

04/15/29

936,886‌

1,000,000

HP,

Inc

3

.400

06/17/30

872,237‌

1,000,000

HP,

Inc

2

.650

06/17/31

803,298‌

500,000

HP,

Inc

4

.200

04/15/32

446,318‌

500,000

HP,

Inc

5

.500

01/15/33

487,721‌

975,000

HP,

Inc

6

.000

09/15/41

984,729‌

1,500,000

International

Business

Machines

Corp

2

.200

02/09/27

1,388,617‌

1,500,000

e

International

Business

Machines

Corp

2

.720

02/09/32

1,302,632‌

1,500,000

International

Business

Machines

Corp

3

.430

02/09/52

1,153,982‌

1,000,000

Jabil,

Inc

1

.700

04/15/26

895,395‌

1,000,000

Jabil,

Inc

4

.250

05/15/27

970,324‌

100,000

Jabil,

Inc

3

.950

01/12/28

95,294‌

750,000

Jabil,

Inc

3

.600

01/15/30

667,957‌

550,000

Jabil,

Inc

3

.000

01/15/31

461,892‌

1,500,000

Juniper

Networks,

Inc

1

.200

12/10/25

1,340,123‌

750,000

Juniper

Networks,

Inc

3

.750

08/15/29

688,668‌

1,500,000

Juniper

Networks,

Inc

2

.000

12/10/30

1,177,155‌

200,000

Keysight

Technologies,

Inc

4

.550

10/30/24

202,545‌

600,000

Keysight

Technologies,

Inc

4

.600

04/06/27

602,607‌

500,000

Keysight

Technologies,

Inc

3

.000

10/30/29

444,340‌

20,000

Motorola

Solutions,

Inc

4

.000

09/01/24

19,909‌

450,000

Motorola

Solutions,

Inc

4

.600

02/23/28

435,195‌

500,000

Motorola

Solutions,

Inc

4

.600

05/23/29

478,374‌

600,000

Motorola

Solutions,

Inc

2

.300

11/15/30

469,453‌

2,250,000

Motorola

Solutions,

Inc

2

.750

05/24/31

1,818,087‌

500,000

Motorola

Solutions,

Inc

5

.600

06/01/32

504,157‌

200,000

Motorola

Solutions,

Inc

5

.500

09/01/44

186,166‌

200,000

NetApp,

Inc

3

.300

09/29/24

196,138‌

500,000

NetApp,

Inc

1

.875

06/22/25

466,386‌

500,000

NetApp,

Inc

2

.375

06/22/27

454,493‌

750,000

NetApp,

Inc

2

.700

06/22/30

632,003‌

475,000

NXP

BV

4

.875

03/01/24

479,621‌

425,000

NXP

BV

5

.350

03/01/26

432,976‌

400,000

NXP

BV

5

.550

12/01/28

405,645‌

1,000,000

e

QUALCOMM,

Inc

4

.250

05/20/32

1,017,997‌

1,000,000

QUALCOMM,

Inc

4

.500

05/20/52

984,603‌

1,000,000

g

SYNNEX

Corp

1

.750

08/09/26

880,943‌

1,000,000

g

SYNNEX

Corp

2

.375

08/09/28

843,074‌

1,000,000

g

SYNNEX

Corp

2

.650

08/09/31

806,682‌

200,000

Tyco

Electronics

Group

S.A.

3

.450

08/01/24

199,356‌

100,000

Tyco

Electronics

Group

S.A.

3

.700

02/15/26

99,523‌

1,150,000

Tyco

Electronics

Group

S.A.

3

.125

08/15/27

1,106,712‌

900,000

Tyco

Electronics

Group

S.A.

2

.500

02/04/32

790,297‌

1,000,000

Western

Digital

Corp

2

.850

02/01/29

814,195‌

1,000,000

Western

Digital

Corp

3

.100

02/01/32

766,800‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

134,526,941‌

TELECOMMUNICATION

SERVICES

-

1

.0

%

1,000,000

America

Movil

SAB

de

C.V.

3

.625

04/22/29

946,716‌

1,000,000

America

Movil

SAB

de

C.V.

2

.875

05/07/30

894,933‌

440,000

America

Movil

SAB

de

C.V.

6

.125

03/30/40

484,297‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

81

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TELECOMMUNICATION

SERVICES—continued

$

1,625,000

America

Movil

SAB

de

C.V.

4

.375

%

07/16/42

$

1,474,234‌

1,500,000

America

Movil

SAB

de

C.V.

4

.375

04/22/49

1,391,612‌

500,000

American

Tower

Corp

3

.650

03/15/27

474,816‌

500,000

American

Tower

Corp

4

.050

03/15/32

455,646‌

10,000,000

AT&T,

Inc

1

.700

03/25/26

9,136,773‌

1,000,000

AT&T,

Inc

2

.950

07/15/26

957,332‌

1,150,000

AT&T,

Inc

1

.650

02/01/28

994,879‌

4,375,000

AT&T,

Inc

4

.350

03/01/29

4,307,790‌

3,000,000

AT&T,

Inc

2

.250

02/01/32

2,450,951‌

14,855,000

AT&T,

Inc

2

.550

12/01/33

12,050,876‌

1,825,000

AT&T,

Inc

4

.500

05/15/35

1,734,234‌

3,000,000

AT&T,

Inc

3

.500

06/01/41

2,395,431‌

300,000

AT&T,

Inc

4

.650

06/01/44

272,364‌

2,000,000

AT&T,

Inc

3

.650

06/01/51

1,564,256‌

11,860,000

AT&T,

Inc

3

.500

09/15/53

8,989,863‌

8,857,000

AT&T,

Inc

3

.550

09/15/55

6,636,019‌

6,844,000

AT&T,

Inc

3

.800

12/01/57

5,285,777‌

8,523,000

AT&T,

Inc

3

.650

09/15/59

6,383,283‌

1,000,000

AT&T,

Inc

3

.850

06/01/60

772,899‌

1,000,000

Bell

Canada

3

.650

03/17/51

797,588‌

750,000

Bell

Canada,

Inc

4

.464

04/01/48

687,247‌

750,000

Bell

Canada,

Inc

4

.300

07/29/49

671,442‌

1,000,000

Bell

Telephone

Co

of

Canada

or

Bell

Canada

2

.150

02/15/32

817,319‌

450,000

Bell

Telephone

Co

of

Canada

or

Bell

Canada

3

.200

02/15/52

331,243‌

1,000,000

Bell

Telephone

Co

of

Canada

or

Bell

Canada

3

.650

08/15/52

798,463‌

750,000

British

Telecommunications

plc

4

.500

12/04/23

753,460‌

750,000

British

Telecommunications

plc

5

.125

12/04/28

747,781‌

1,425,000

British

Telecommunications

plc

9

.625

12/15/30

1,773,299‌

2,690,000

Deutsche

Telekom

International

Finance

BV

8

.750

06/15/30

3,316,565‌

500,000

Equinix,

Inc

3

.900

04/15/32

452,202‌

745,000

Orange

S.A.

9

.000

03/01/31

961,693‌

900,000

Orange

S.A.

5

.375

01/13/42

930,459‌

725,000

Orange

S.A.

5

.500

02/06/44

755,295‌

200,000

Rogers

Communications,

Inc

4

.100

10/01/23

201,175‌

1,713,000

Rogers

Communications,

Inc

3

.625

12/15/25

1,680,072‌

200,000

Rogers

Communications,

Inc

2

.900

11/15/26

188,889‌

2,000,000

g

Rogers

Communications,

Inc

3

.200

03/15/27

1,897,016‌

1,500,000

g

Rogers

Communications,

Inc

3

.800

03/15/32

1,371,615‌

1,000,000

g

Rogers

Communications,

Inc

4

.500

03/15/42

888,337‌

125,000

Rogers

Communications,

Inc

4

.500

03/15/43

107,464‌

300,000

Rogers

Communications,

Inc

5

.450

10/01/43

293,812‌

600,000

Rogers

Communications,

Inc

5

.000

03/15/44

558,517‌

150,000

Rogers

Communications,

Inc

4

.300

02/15/48

125,537‌

1,500,000

Rogers

Communications,

Inc

4

.350

05/01/49

1,272,987‌

1,300,000

Rogers

Communications,

Inc

3

.700

11/15/49

990,685‌

1,000,000

g

Rogers

Communications,

Inc

4

.550

03/15/52

878,158‌

1,500,000

Telefonica

Emisiones

SAU

4

.103

03/08/27

1,468,550‌

625,000

Telefonica

Emisiones

SAU

7

.045

06/20/36

697,555‌

1,200,000

Telefonica

Emisiones

SAU

4

.665

03/06/38

1,059,114‌

2,125,000

Telefonica

Emisiones

SAU

5

.213

03/08/47

1,883,222‌

1,175,000

Telefonica

Emisiones

SAU

4

.895

03/06/48

1,001,820‌

900,000

Telefonica

Emisiones

SAU

5

.520

03/01/49

835,281‌

567,000

Telefonica

Europe

BV

8

.250

09/15/30

678,721‌

325,000

TELUS

Corp

2

.800

02/16/27

309,268‌

300,000

TELUS

Corp

3

.700

09/15/27

295,224‌

1,000,000

TELUS

Corp

3

.400

05/13/32

897,287‌

500,000

TELUS

Corp

4

.600

11/16/48

467,280‌

750,000

TELUS

Corp

4

.300

06/15/49

668,960‌

4,000,000

T-Mobile

USA,

Inc

1

.500

02/15/26

3,614,163‌

4,000,000

T-Mobile

USA,

Inc

3

.750

04/15/27

3,851,678‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

82

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TELECOMMUNICATION

SERVICES—continued

$

3,500,000

T-Mobile

USA,

Inc

2

.050

%

02/15/28

$

3,038,665‌

1,000,000

h

T-Mobile

USA,

Inc

2

.400

03/15/29

863,573‌

825,000

T-Mobile

USA,

Inc

3

.875

04/15/30

769,936‌

1,500,000

T-Mobile

USA,

Inc

2

.550

02/15/31

1,262,166‌

1,500,000

e

T-Mobile

USA,

Inc

2

.250

11/15/31

1,217,425‌

1,000,000

h

T-Mobile

USA,

Inc

2

.700

03/15/32

838,987‌

650,000

T-Mobile

USA,

Inc

4

.375

04/15/40

580,208‌

1,350,000

T-Mobile

USA,

Inc

3

.000

02/15/41

1,006,819‌

3,875,000

T-Mobile

USA,

Inc

4

.500

04/15/50

3,438,301‌

2,500,000

T-Mobile

USA,

Inc

3

.300

02/15/51

1,820,461‌

2,500,000

h

T-Mobile

USA,

Inc

3

.400

10/15/52

1,846,173‌

500,000

†,g,h

T-Mobile

USA,

Inc

3

.600

11/15/60

364,346‌

1,000,000

T-Mobile

USA,

Inc

3

.600

11/15/60

728,693‌

1,000,000

Verizon

Communications,

Inc

0

.850

11/20/25

905,621‌

1,000,000

Verizon

Communications,

Inc

1

.450

03/20/26

914,639‌

2,625,000

Verizon

Communications,

Inc

3

.000

03/22/27

2,493,272‌

5,000,000

Verizon

Communications,

Inc

2

.100

03/22/28

4,441,108‌

6,641,000

Verizon

Communications,

Inc

4

.329

09/21/28

6,604,834‌

350,000

Verizon

Communications,

Inc

3

.875

02/08/29

338,621‌

9,005,000

Verizon

Communications,

Inc

4

.016

12/03/29

8,721,521‌

200,000

Verizon

Communications,

Inc

3

.150

03/22/30

181,839‌

1,550,000

Verizon

Communications,

Inc

1

.500

09/18/30

1,238,778‌

1,533,000

Verizon

Communications,

Inc

1

.680

10/30/30

1,235,467‌

3,000,000

Verizon

Communications,

Inc

1

.750

01/20/31

2,409,669‌

1,925,000

Verizon

Communications,

Inc

2

.550

03/21/31

1,645,890‌

13,355,000

Verizon

Communications,

Inc

2

.355

03/15/32

11,073,147‌

2,000,000

Verizon

Communications,

Inc

2

.650

11/20/40

1,467,133‌

1,350,000

Verizon

Communications,

Inc

3

.400

03/22/41

1,098,950‌

1,000,000

Verizon

Communications,

Inc

2

.850

09/03/41

749,458‌

150,000

Verizon

Communications,

Inc

4

.000

03/22/50

129,627‌

2,000,000

Verizon

Communications,

Inc

2

.875

11/20/50

1,419,220‌

2,725,000

Verizon

Communications,

Inc

3

.550

03/22/51

2,184,557‌

1,000,000

Verizon

Communications,

Inc

3

.875

03/01/52

837,861‌

8,764,000

Verizon

Communications,

Inc

2

.987

10/30/56

6,084,601‌

2,000,000

Verizon

Communications,

Inc

3

.000

11/20/60

1,357,728‌

5,000,000

Verizon

Communications,

Inc

3

.700

03/22/61

3,927,110‌

2,000,000

Vodafone

Group

plc

4

.125

05/30/25

2,007,479‌

4,425,000

Vodafone

Group

plc

4

.375

05/30/28

4,404,570‌

425,000

Vodafone

Group

plc

6

.150

02/27/37

458,653‌

925,000

Vodafone

Group

plc

5

.000

05/30/38

886,188‌

1,900,000

Vodafone

Group

plc

4

.375

02/19/43

1,651,132‌

1,450,000

Vodafone

Group

plc

5

.250

05/30/48

1,379,481‌

1,000,000

Vodafone

Group

plc

4

.875

06/19/49

915,739‌

1,500,000

Vodafone

Group

plc

4

.250

09/17/50

1,261,540‌

500,000

Vodafone

Group

plc

5

.125

06/19/59

459,666‌

TOTAL

TELECOMMUNICATION

SERVICES

204,692,276‌

TRANSPORTATION

-

0

.5

%

400,000

American

Airlines

2

.875

07/11/34

340,523‌

500,000

Burlington

Northern

Santa

Fe

LLC

3

.750

04/01/24

503,019‌

150,000

Burlington

Northern

Santa

Fe

LLC

3

.400

09/01/24

149,604‌

300,000

Burlington

Northern

Santa

Fe

LLC

3

.000

04/01/25

295,543‌

700,000

Burlington

Northern

Santa

Fe

LLC

3

.650

09/01/25

702,893‌

660,000

Burlington

Northern

Santa

Fe

LLC

5

.750

05/01/40

724,038‌

250,000

Burlington

Northern

Santa

Fe

LLC

5

.050

03/01/41

254,509‌

200,000

Burlington

Northern

Santa

Fe

LLC

4

.400

03/15/42

189,338‌

300,000

Burlington

Northern

Santa

Fe

LLC

4

.450

03/15/43

285,056‌

500,000

Burlington

Northern

Santa

Fe

LLC

5

.150

09/01/43

518,409‌

500,000

Burlington

Northern

Santa

Fe

LLC

4

.900

04/01/44

502,314‌

600,000

Burlington

Northern

Santa

Fe

LLC

4

.550

09/01/44

576,690‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

83

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TRANSPORTATION—continued

$

1,275,000

Burlington

Northern

Santa

Fe

LLC

4

.150

%

04/01/45

$

1,158,412‌

200,000

Burlington

Northern

Santa

Fe

LLC

4

.700

09/01/45

195,886‌

1,150,000

Burlington

Northern

Santa

Fe

LLC

3

.900

08/01/46

1,021,051‌

400,000

Burlington

Northern

Santa

Fe

LLC

4

.125

06/15/47

366,965‌

1,675,000

Burlington

Northern

Santa

Fe

LLC

4

.050

06/15/48

1,517,746‌

1,025,000

Burlington

Northern

Santa

Fe

LLC

4

.150

12/15/48

942,080‌

750,000

Burlington

Northern

Santa

Fe

LLC

3

.550

02/15/50

626,071‌

750,000

Burlington

Northern

Santa

Fe

LLC

3

.050

02/15/51

570,379‌

4,000,000

Burlington

Northern

Santa

Fe

LLC

3

.300

09/15/51

3,206,776‌

1,000,000

Burlington

Northern

Santa

Fe

LLC

2

.875

06/15/52

746,689‌

1,000,000

Burlington

Northern

Santa

Fe

LLC

4

.450

01/15/53

967,129‌

200,000

Canadian

National

Railway

Co

2

.950

11/21/24

195,911‌

200,000

Canadian

National

Railway

Co

6

.900

07/15/28

227,122‌

200,000

Canadian

National

Railway

Co

6

.250

08/01/34

227,491‌

250,000

Canadian

National

Railway

Co

3

.500

11/15/42

198,458‌

100,000

Canadian

National

Railway

Co

4

.500

11/07/43

91,095‌

650,000

Canadian

National

Railway

Co

3

.200

08/02/46

507,247‌

725,000

Canadian

National

Railway

Co

3

.650

02/03/48

608,123‌

325,000

Canadian

National

Railway

Co

4

.450

01/20/49

308,792‌

400,000

Canadian

National

Railway

Co

2

.450

05/01/50

269,102‌

1,800,000

Canadian

Pacific

Railway

Co

2

.900

02/01/25

1,747,947‌

2,000,000

Canadian

Pacific

Railway

Co

1

.750

12/02/26

1,809,953‌

300,000

Canadian

Pacific

Railway

Co

4

.000

06/01/28

296,902‌

100,000

Canadian

Pacific

Railway

Co

2

.050

03/05/30

84,623‌

200,000

Canadian

Pacific

Railway

Co

7

.125

10/15/31

232,394‌

600,000

Canadian

Pacific

Railway

Co

2

.450

12/02/31

513,351‌

250,000

Canadian

Pacific

Railway

Co

5

.950

05/15/37

276,200‌

475,000

Canadian

Pacific

Railway

Co

3

.000

12/02/41

371,545‌

1,000,000

Canadian

Pacific

Railway

Co

3

.100

12/02/51

736,572‌

1,275,000

Canadian

Pacific

Railway

Co

6

.125

09/15/15

1,321,881‌

400,000

CH

Robinson

Worldwide,

Inc

4

.200

04/15/28

385,841‌

300,000

CSX

Corp

3

.400

08/01/24

297,455‌

200,000

CSX

Corp

3

.350

11/01/25

196,505‌

1,200,000

CSX

Corp

2

.600

11/01/26

1,126,747‌

825,000

CSX

Corp

4

.250

03/15/29

820,721‌

600,000

e

CSX

Corp

2

.400

02/15/30

525,578‌

100,000

CSX

Corp

6

.000

10/01/36

110,644‌

200,000

CSX

Corp

6

.150

05/01/37

224,358‌

400,000

CSX

Corp

5

.500

04/15/41

417,713‌

350,000

CSX

Corp

4

.400

03/01/43

318,918‌

600,000

CSX

Corp

4

.100

03/15/44

526,857‌

800,000

CSX

Corp

3

.800

11/01/46

677,928‌

1,050,000

CSX

Corp

4

.300

03/01/48

958,039‌

850,000

CSX

Corp

4

.750

11/15/48

829,968‌

500,000

CSX

Corp

4

.500

03/15/49

468,066‌

600,000

CSX

Corp

3

.350

09/15/49

469,977‌

1,000,000

CSX

Corp

3

.800

04/15/50

843,309‌

200,000

CSX

Corp

3

.950

05/01/50

172,905‌

800,000

CSX

Corp

2

.500

05/15/51

538,235‌

300,000

CSX

Corp

4

.500

08/01/54

277,313‌

150,000

CSX

Corp

4

.250

11/01/66

126,348‌

300,000

CSX

Corp

4

.650

03/01/68

270,944‌

500,000

FedEx

Corp

3

.250

04/01/26

491,921‌

500,000

FedEx

Corp

4

.200

10/17/28

496,412‌

2,000,000

FedEx

Corp

3

.100

08/05/29

1,822,803‌

500,000

FedEx

Corp

4

.250

05/15/30

485,320‌

1,500,000

e

FedEx

Corp

2

.400

05/15/31

1,262,379‌

1,000,000

FedEx

Corp

4

.900

01/15/34

999,355‌

200,000

FedEx

Corp

3

.900

02/01/35

178,148‌

2,000,000

FedEx

Corp

3

.250

05/15/41

1,560,136‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

84

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TRANSPORTATION—continued

$

275,000

FedEx

Corp

5

.100

%

01/15/44

$

264,825‌

1,100,000

FedEx

Corp

4

.750

11/15/45

1,008,122‌

600,000

FedEx

Corp

4

.550

04/01/46

538,480‌

450,000

FedEx

Corp

4

.400

01/15/47

393,998‌

900,000

FedEx

Corp

4

.050

02/15/48

753,202‌

500,000

FedEx

Corp

4

.950

10/17/48

476,055‌

1,500,000

e

FedEx

Corp

5

.250

05/15/50

1,493,511‌

200,000

FedEx

Corp

4

.500

02/01/65

168,848‌

500,000

JB

Hunt

Transport

Services,

Inc

3

.875

03/01/26

494,809‌

901,845

JetBlue

Pass

Through

Trust

4

.000

11/15/32

837,992‌

100,000

Kansas

City

Southern

3

.000

05/15/23

99,681‌

100,000

Kansas

City

Southern

3

.125

06/01/26

96,431‌

500,000

Kansas

City

Southern

2

.875

11/15/29

445,629‌

100,000

Kansas

City

Southern

4

.300

05/15/43

87,928‌

175,000

Kansas

City

Southern

4

.950

08/15/45

168,371‌

800,000

Kansas

City

Southern

4

.700

05/01/48

754,016‌

500,000

Kansas

City

Southern

3

.500

05/01/50

390,044‌

500,000

Kansas

City

Southern

4

.200

11/15/69

405,641‌

350,000

Kirby

Corp

4

.200

03/01/28

326,824‌

350,000

Norfolk

Southern

Corp

2

.900

06/15/26

334,041‌

300,000

Norfolk

Southern

Corp

3

.150

06/01/27

285,466‌

700,000

Norfolk

Southern

Corp

3

.800

08/01/28

684,238‌

2,500,000

Norfolk

Southern

Corp

2

.300

05/15/31

2,132,827‌

1,000,000

e

Norfolk

Southern

Corp

3

.000

03/15/32

901,493‌

16,000

Norfolk

Southern

Corp

4

.837

10/01/41

15,643‌

300,000

Norfolk

Southern

Corp

4

.450

06/15/45

279,799‌

200,000

Norfolk

Southern

Corp

4

.650

01/15/46

192,824‌

303,000

Norfolk

Southern

Corp

3

.942

11/01/47

262,058‌

1,450,000

Norfolk

Southern

Corp

4

.150

02/28/48

1,291,312‌

500,000

Norfolk

Southern

Corp

4

.100

05/15/49

441,313‌

500,000

Norfolk

Southern

Corp

3

.400

11/01/49

392,928‌

1,000,000

Norfolk

Southern

Corp

3

.050

05/15/50

732,596‌

1,000,000

Norfolk

Southern

Corp

2

.900

08/25/51

716,075‌

175,000

Norfolk

Southern

Corp

4

.050

08/15/52

152,442‌

1,000,000

Norfolk

Southern

Corp

3

.700

03/15/53

821,421‌

300,000

Norfolk

Southern

Corp

4

.550

06/01/53

283,454‌

1,170,000

Norfolk

Southern

Corp

3

.155

05/15/55

850,278‌

1,000,000

Norfolk

Southern

Corp

4

.100

05/15/21

751,989‌

200,000

Ryder

System,

Inc

3

.400

03/01/23

199,506‌

200,000

Ryder

System,

Inc

3

.750

06/09/23

199,493‌

200,000

Ryder

System,

Inc

3

.875

12/01/23

199,996‌

550,000

Ryder

System,

Inc

3

.650

03/18/24

545,290‌

500,000

Ryder

System,

Inc

2

.500

09/01/24

482,375‌

300,000

Ryder

System,

Inc

4

.625

06/01/25

301,590‌

500,000

Ryder

System,

Inc

3

.350

09/01/25

484,705‌

1,000,000

Ryder

System,

Inc

1

.750

09/01/26

903,368‌

500,000

Ryder

System,

Inc

2

.900

12/01/26

465,997‌

1,000,000

Ryder

System,

Inc

2

.850

03/01/27

932,219‌

1,000,000

Ryder

System,

Inc

4

.300

06/15/27

985,226‌

200,000

Southwest

Airlines

Co

2

.750

11/16/22

199,301‌

1,250,000

Southwest

Airlines

Co

4

.750

05/04/23

1,259,882‌

1,250,000

Southwest

Airlines

Co

5

.250

05/04/25

1,273,546‌

200,000

Southwest

Airlines

Co

3

.000

11/15/26

186,702‌

1,000,000

Southwest

Airlines

Co

5

.125

06/15/27

1,009,248‌

200,000

Southwest

Airlines

Co

3

.450

11/16/27

187,197‌

300,000

Southwest

Airlines

Co

2

.625

02/10/30

253,401‌

277,000

Union

Pacific

Corp

3

.646

02/15/24

277,327‌

300,000

Union

Pacific

Corp

3

.150

03/01/24

297,789‌

200,000

Union

Pacific

Corp

3

.750

03/15/24

200,441‌

200,000

Union

Pacific

Corp

3

.250

01/15/25

198,166‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

85

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TRANSPORTATION—continued

$

500,000

Union

Pacific

Corp

3

.750

%

07/15/25

$

500,581‌

200,000

Union

Pacific

Corp

3

.250

08/15/25

197,559‌

300,000

Union

Pacific

Corp

2

.750

03/01/26

287,860‌

500,000

Union

Pacific

Corp

2

.150

02/05/27

463,224‌

2,500,000

e

Union

Pacific

Corp

2

.375

05/20/31

2,160,180‌

1,000,000

Union

Pacific

Corp

2

.800

02/14/32

890,125‌

100,000

Union

Pacific

Corp

3

.375

02/01/35

89,391‌

2,525,000

Union

Pacific

Corp

2

.891

04/06/36

2,087,234‌

100,000

Union

Pacific

Corp

3

.600

09/15/37

89,215‌

500,000

Union

Pacific

Corp

3

.550

08/15/39

431,829‌

1,500,000

Union

Pacific

Corp

3

.200

05/20/41

1,223,554‌

500,000

Union

Pacific

Corp

3

.375

02/14/42

416,189‌

200,000

Union

Pacific

Corp

3

.350

08/15/46

160,648‌

300,000

Union

Pacific

Corp

4

.000

04/15/47

266,994‌

4,000,000

Union

Pacific

Corp

3

.250

02/05/50

3,136,622‌

1,070,000

Union

Pacific

Corp

3

.799

10/01/51

915,252‌

500,000

Union

Pacific

Corp

2

.950

03/10/52

367,864‌

1,000,000

Union

Pacific

Corp

3

.500

02/14/53

814,483‌

200,000

Union

Pacific

Corp

3

.875

02/01/55

169,958‌

300,000

Union

Pacific

Corp

3

.950

08/15/59

255,568‌

1,925,000

Union

Pacific

Corp

3

.839

03/20/60

1,606,820‌

1,500,000

Union

Pacific

Corp

3

.550

05/20/61

1,191,355‌

2,950,000

Union

Pacific

Corp

2

.973

09/16/62

2,041,806‌

200,000

Union

Pacific

Corp

4

.100

09/15/67

169,685‌

500,000

Union

Pacific

Corp

3

.750

02/05/70

396,711‌

500,000

Union

Pacific

Corp

3

.799

04/06/71

400,535‌

500,000

Union

Pacific

Corp

3

.850

02/14/72

406,584‌

500,000

United

Parcel

Service,

Inc

2

.200

09/01/24

487,841‌

300,000

United

Parcel

Service,

Inc

2

.800

11/15/24

296,429‌

125,000

United

Parcel

Service,

Inc

2

.400

11/15/26

118,597‌

875,000

United

Parcel

Service,

Inc

3

.050

11/15/27

852,310‌

500,000

United

Parcel

Service,

Inc

3

.400

03/15/29

481,747‌

500,000

United

Parcel

Service,

Inc

2

.500

09/01/29

453,893‌

750,000

United

Parcel

Service,

Inc

4

.450

04/01/30

766,930‌

510,000

United

Parcel

Service,

Inc

6

.200

01/15/38

594,909‌

450,000

United

Parcel

Service,

Inc

3

.625

10/01/42

391,398‌

400,000

United

Parcel

Service,

Inc

3

.400

11/15/46

333,280‌

1,550,000

United

Parcel

Service,

Inc

3

.750

11/15/47

1,380,637‌

300,000

United

Parcel

Service,

Inc

4

.250

03/15/49

285,751‌

500,000

e

United

Parcel

Service,

Inc

3

.400

09/01/49

419,926‌

1,630,000

United

Parcel

Service,

Inc

5

.300

04/01/50

1,791,264‌

TOTAL

TRANSPORTATION

105,828,779‌

UTILITIES

-

2

.2

%

200,000

AEP

Texas,

Inc

3

.950

06/01/28

192,881‌

550,000

AEP

Texas,

Inc

2

.100

07/01/30

457,332‌

500,000

AEP

Texas,

Inc

4

.700

05/15/32

497,580‌

200,000

AEP

Texas,

Inc

3

.800

10/01/47

161,205‌

100,000

AEP

Texas,

Inc

4

.150

05/01/49

85,424‌

850,000

AEP

Texas,

Inc

3

.450

05/15/51

651,917‌

500,000

AEP

Texas,

Inc

5

.250

05/15/52

506,743‌

200,000

AEP

Transmission

Co

LLC

3

.100

12/01/26

193,121‌

600,000

AEP

Transmission

Co

LLC

4

.000

12/01/46

529,986‌

500,000

AEP

Transmission

Co

LLC

3

.750

12/01/47

424,787‌

200,000

AEP

Transmission

Co

LLC

4

.250

09/15/48

183,421‌

300,000

AEP

Transmission

Co

LLC

3

.800

06/15/49

255,390‌

550,000

AEP

Transmission

Co

LLC

2

.750

08/15/51

385,466‌

500,000

AEP

Transmission

Co

LLC

4

.500

06/15/52

478,795‌

1,000,000

AerCap

Ireland

Capital

DAC

6

.500

07/15/25

1,023,178‌

600,000

AES

Corp

1

.375

01/15/26

529,152‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

86

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

675,000

AES

Corp

2

.450

%

01/15/31

$

542,881‌

475,000

Alabama

Power

Co

3

.550

12/01/23

477,109‌

575,000

Alabama

Power

Co

1

.450

09/15/30

466,616‌

200,000

Alabama

Power

Co

3

.850

12/01/42

171,699‌

400,000

Alabama

Power

Co

3

.750

03/01/45

329,894‌

300,000

Alabama

Power

Co

4

.300

01/02/46

273,291‌

350,000

Alabama

Power

Co

3

.700

12/01/47

291,758‌

1,000,000

Alabama

Power

Co

4

.300

07/15/48

913,670‌

1,000,000

Alabama

Power

Co

3

.125

07/15/51

748,424‌

1,000,000

Alabama

Power

Co

3

.000

03/15/52

733,501‌

350,000

Ameren

Corp

2

.500

09/15/24

339,218‌

2,000,000

Ameren

Corp

1

.750

03/15/28

1,723,145‌

300,000

Ameren

Illinois

Co

3

.800

05/15/28

294,473‌

750,000

Ameren

Illinois

Co

1

.550

11/15/30

609,901‌

125,000

Ameren

Illinois

Co

4

.150

03/15/46

114,226‌

1,150,000

Ameren

Illinois

Co

3

.700

12/01/47

979,750‌

575,000

Ameren

Illinois

Co

4

.500

03/15/49

553,555‌

325,000

Ameren

Illinois

Co

2

.900

06/15/51

238,117‌

350,000

American

Electric

Power

Co,

Inc

3

.200

11/13/27

330,581‌

700,000

American

Electric

Power

Co,

Inc

4

.300

12/01/28

681,867‌

500,000

American

Electric

Power

Co,

Inc

2

.300

03/01/30

420,708‌

1,000,000

American

Electric

Power

Co,

Inc

3

.875

02/15/62

790,757‌

500,000

American

Water

Capital

Corp

3

.850

03/01/24

499,236‌

300,000

American

Water

Capital

Corp

3

.400

03/01/25

295,719‌

200,000

American

Water

Capital

Corp

2

.950

09/01/27

187,668‌

500,000

American

Water

Capital

Corp

3

.750

09/01/28

483,917‌

750,000

American

Water

Capital

Corp

3

.450

06/01/29

705,634‌

100,000

American

Water

Capital

Corp

2

.800

05/01/30

89,660‌

2,000,000

American

Water

Capital

Corp

2

.300

06/01/31

1,693,860‌

225,000

American

Water

Capital

Corp

4

.300

12/01/42

207,471‌

150,000

American

Water

Capital

Corp

4

.300

09/01/45

133,735‌

100,000

American

Water

Capital

Corp

4

.000

12/01/46

86,764‌

1,175,000

American

Water

Capital

Corp

3

.750

09/01/47

977,711‌

500,000

American

Water

Capital

Corp

4

.200

09/01/48

446,229‌

500,000

American

Water

Capital

Corp

4

.150

06/01/49

442,800‌

675,000

American

Water

Capital

Corp

3

.450

05/01/50

537,880‌

2,000,000

American

Water

Capital

Corp

3

.250

06/01/51

1,537,745‌

200,000

Appalachian

Power

Co

3

.300

06/01/27

191,731‌

1,000,000

Appalachian

Power

Co

2

.700

04/01/31

862,702‌

300,000

Appalachian

Power

Co

4

.500

03/01/49

268,478‌

775,000

Appalachian

Power

Co

3

.700

05/01/50

615,764‌

125,000

Aqua

America,

Inc

3

.566

05/01/29

116,708‌

200,000

Aqua

America,

Inc

4

.276

05/01/49

175,153‌

200,000

e

Arizona

Public

Service

Co

2

.950

09/15/27

187,624‌

1,000,000

Arizona

Public

Service

Co

2

.600

08/15/29

874,602‌

500,000

Arizona

Public

Service

Co

2

.200

12/15/31

404,252‌

350,000

Arizona

Public

Service

Co

4

.500

04/01/42

310,350‌

200,000

Arizona

Public

Service

Co

4

.350

11/15/45

172,234‌

410,000

Arizona

Public

Service

Co

3

.750

05/15/46

331,137‌

200,000

Arizona

Public

Service

Co

4

.200

08/15/48

171,085‌

200,000

Arizona

Public

Service

Co

4

.250

03/01/49

172,952‌

300,000

Arizona

Public

Service

Co

3

.500

12/01/49

223,704‌

500,000

Arizona

Public

Service

Co

3

.350

05/15/50

367,042‌

750,000

Arizona

Public

Service

Co

2

.650

09/15/50

480,093‌

900,000

Atlantic

City

Electric

Co

4

.000

10/15/28

887,112‌

425,000

Atlantic

City

Electric

Co

2

.300

03/15/31

366,781‌

650,000

Atmos

Energy

Corp

3

.000

06/15/27

622,959‌

1,500,000

Atmos

Energy

Corp

2

.625

09/15/29

1,337,202‌

750,000

Atmos

Energy

Corp

1

.500

01/15/31

599,923‌

100,000

Atmos

Energy

Corp

5

.500

06/15/41

105,005‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

87

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

125,000

Atmos

Energy

Corp

4

.150

%

01/15/43

$

110,659‌

600,000

Atmos

Energy

Corp

4

.125

10/15/44

531,209‌

500,000

Atmos

Energy

Corp

4

.300

10/01/48

464,699‌

300,000

Atmos

Energy

Corp

4

.125

03/15/49

271,641‌

500,000

Atmos

Energy

Corp

3

.375

09/15/49

399,013‌

1,500,000

Atmos

Energy

Corp

2

.850

02/15/52

1,071,670‌

500,000

Avangrid,

Inc

3

.150

12/01/24

488,317‌

300,000

Avangrid,

Inc

3

.200

04/15/25

291,718‌

625,000

Avangrid,

Inc

3

.800

06/01/29

584,698‌

150,000

Avista

Corp

4

.350

06/01/48

141,414‌

550,000

Avista

Corp

4

.000

04/01/52

495,906‌

200,000

Baltimore

Gas

&

Electric

Co

2

.400

08/15/26

188,503‌

150,000

Baltimore

Gas

&

Electric

Co

3

.500

08/15/46

122,920‌

200,000

Baltimore

Gas

&

Electric

Co

3

.750

08/15/47

170,618‌

200,000

Baltimore

Gas

&

Electric

Co

4

.250

09/15/48

184,290‌

500,000

Baltimore

Gas

&

Electric

Co

3

.200

09/15/49

387,305‌

775,000

Baltimore

Gas

&

Electric

Co

2

.900

06/15/50

565,734‌

1,500,000

Baltimore

Gas

and

Electric

Co

2

.250

06/15/31

1,276,906‌

500,000

Baltimore

Gas

and

Electric

Co

4

.550

06/01/52

484,486‌

500,000

BAT

Capital

Corp

4

.742

03/16/32

444,393‌

1,000,000

BAT

Capital

Corp

5

.650

03/16/52

862,911‌

350,000

Berkshire

Hathaway

Energy

Co

3

.500

02/01/25

350,158‌

175,000

Berkshire

Hathaway

Energy

Co

3

.250

04/15/28

166,355‌

2,500,000

Berkshire

Hathaway

Energy

Co

1

.650

05/15/31

2,014,903‌

950,000

Berkshire

Hathaway

Energy

Co

6

.125

04/01/36

1,049,382‌

1,032,000

Berkshire

Hathaway

Energy

Co

5

.950

05/15/37

1,121,727‌

725,000

Berkshire

Hathaway

Energy

Co

5

.150

11/15/43

741,188‌

975,000

Berkshire

Hathaway

Energy

Co

4

.500

02/01/45

902,707‌

1,250,000

Berkshire

Hathaway

Energy

Co

3

.800

07/15/48

1,047,565‌

1,025,000

Berkshire

Hathaway

Energy

Co

4

.450

01/15/49

954,826‌

2,500,000

Berkshire

Hathaway

Energy

Co

2

.850

05/15/51

1,772,485‌

1,000,000

g

Berkshire

Hathaway

Energy

Co

4

.600

05/01/53

958,600‌

200,000

Black

Hills

Corp

4

.250

11/30/23

200,592‌

1,500,000

Black

Hills

Corp

1

.037

08/23/24

1,402,433‌

100,000

Black

Hills

Corp

3

.950

01/15/26

99,231‌

100,000

Black

Hills

Corp

3

.150

01/15/27

95,367‌

550,000

Black

Hills

Corp

2

.500

06/15/30

459,377‌

300,000

Black

Hills

Corp

4

.350

05/01/33

279,858‌

200,000

Black

Hills

Corp

4

.200

09/15/46

168,983‌

1,000,000

Brookfield

Finance,

Inc

3

.625

02/15/52

736,627‌

200,000

CenterPoint

Energy

Houston

Electric

LLC

2

.400

09/01/26

188,059‌

300,000

CenterPoint

Energy

Houston

Electric

LLC

3

.000

02/01/27

287,339‌

275,000

CenterPoint

Energy

Houston

Electric

LLC

2

.350

04/01/31

239,102‌

275,000

CenterPoint

Energy

Houston

Electric

LLC

3

.000

03/01/32

249,894‌

100,000

CenterPoint

Energy

Houston

Electric

LLC

6

.950

03/15/33

119,131‌

300,000

CenterPoint

Energy

Houston

Electric

LLC

3

.950

03/01/48

271,286‌

750,000

CenterPoint

Energy

Houston

Electric

LLC

4

.250

02/01/49

707,155‌

150,000

CenterPoint

Energy

Houston

Electric

LLC

2

.900

07/01/50

112,116‌

875,000

CenterPoint

Energy

Houston

Electric

LLC

3

.350

04/01/51

710,761‌

500,000

CenterPoint

Energy

Houston

Electric

LLC

3

.600

03/01/52

428,369‌

1,000,000

CenterPoint

Energy

Resources

Corp

0

.700

03/02/23

979,297‌

200,000

CenterPoint

Energy

Resources

Corp

4

.000

04/01/28

194,760‌

575,000

CenterPoint

Energy

Resources

Corp

1

.750

10/01/30

467,007‌

500,000

CenterPoint

Energy

Resources

Corp

4

.400

07/01/32

492,487‌

700,000

CenterPoint

Energy

Resources

Corp

4

.100

09/01/47

618,967‌

500,000

CenterPoint

Energy,

Inc

2

.500

09/01/24

483,294‌

135,000

CenterPoint

Energy,

Inc

4

.250

11/01/28

131,542‌

750,000

CenterPoint

Energy,

Inc

2

.950

03/01/30

667,114‌

1,000,000

CenterPoint

Energy,

Inc

2

.650

06/01/31

851,739‌

500,000

CenterPoint

Energy,

Inc

3

.700

09/01/49

398,712‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

88

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

3,200,000

Cheniere

Corpus

Christi

Holdings

LLC

3

.700

%

11/15/29

$

2,927,046‌

2,000,000

Cheniere

Corpus

Christi

Holdings

LLC

2

.742

12/31/39

1,578,343‌

425,000

Cleco

Corporate

Holdings

LLC

3

.743

05/01/26

409,992‌

300,000

Cleco

Corporate

Holdings

LLC

3

.375

09/15/29

267,672‌

200,000

Cleco

Corporate

Holdings

LLC

4

.973

05/01/46

188,409‌

790,000

CMS

Energy

Corp

3

.450

08/15/27

756,826‌

1,000,000

CMS

Energy

Corp

3

.750

12/01/50

764,430‌

250,000

Commonwealth

Edison

Co

2

.550

06/15/26

239,711‌

300,000

Commonwealth

Edison

Co

3

.700

08/15/28

292,559‌

500,000

Commonwealth

Edison

Co

2

.200

03/01/30

434,013‌

1,000,000

e

Commonwealth

Edison

Co

3

.150

03/15/32

917,109‌

200,000

Commonwealth

Edison

Co

3

.800

10/01/42

171,975‌

300,000

Commonwealth

Edison

Co

4

.700

01/15/44

290,971‌

100,000

Commonwealth

Edison

Co

3

.700

03/01/45

83,891‌

250,000

Commonwealth

Edison

Co

3

.650

06/15/46

211,919‌

400,000

Commonwealth

Edison

Co

3

.750

08/15/47

344,401‌

1,175,000

Commonwealth

Edison

Co

4

.000

03/01/48

1,056,227‌

1,300,000

Commonwealth

Edison

Co

4

.000

03/01/49

1,164,134‌

500,000

Commonwealth

Edison

Co

3

.200

11/15/49

391,244‌

500,000

Commonwealth

Edison

Co

3

.000

03/01/50

378,922‌

1,000,000

Commonwealth

Edison

Co

3

.125

03/15/51

767,444‌

500,000

Commonwealth

Edison

Co

2

.750

09/01/51

355,614‌

1,000,000

Commonwealth

Edison

Co

3

.850

03/15/52

880,827‌

625,000

Connecticut

Light

&

Power

Co

3

.200

03/15/27

607,104‌

400,000

Connecticut

Light

&

Power

Co

4

.300

04/15/44

370,632‌

250,000

Connecticut

Light

&

Power

Co

4

.150

06/01/45

232,635‌

775,000

Connecticut

Light

&

Power

Co

4

.000

04/01/48

701,567‌

500,000

Connecticut

Light

and

Power

Co

2

.050

07/01/31

422,494‌

200,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.800

05/15/28

196,371‌

300,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.000

12/01/28

295,442‌

100,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.350

04/01/30

93,157‌

2,500,000

Consolidated

Edison

Co

of

New

York,

Inc

2

.400

06/15/31

2,141,775‌

200,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.200

03/15/42

176,188‌

550,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.950

03/01/43

472,042‌

1,475,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.450

03/15/44

1,348,434‌

150,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.500

12/01/45

136,517‌

400,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.850

06/15/46

337,341‌

400,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.875

06/15/47

334,873‌

300,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.650

12/01/48

283,022‌

500,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.125

05/15/49

440,299‌

700,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.950

04/01/50

607,584‌

1,000,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.200

12/01/51

757,824‌

850,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.625

12/01/54

788,840‌

200,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.300

12/01/56

175,233‌

1,300,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.000

11/15/57

1,079,608‌

400,000

Consolidated

Edison

Co

of

New

York,

Inc

4

.500

05/15/58

359,441‌

1,000,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.700

11/15/59

787,876‌

1,000,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.000

12/01/60

683,076‌

1,000,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.600

06/15/61

787,932‌

1,000,000

Consolidated

Edison,

Inc

0

.650

12/01/23

961,617‌

200,000

Consumers

Energy

Co

3

.375

08/15/23

200,248‌

250,000

Consumers

Energy

Co

3

.800

11/15/28

244,362‌

600,000

Consumers

Energy

Co

3

.950

07/15/47

535,388‌

600,000

Consumers

Energy

Co

4

.050

05/15/48

545,705‌

350,000

Consumers

Energy

Co

4

.350

04/15/49

331,065‌

500,000

Consumers

Energy

Co

3

.750

02/15/50

433,975‌

500,000

Consumers

Energy

Co

3

.100

08/15/50

383,230‌

150,000

Consumers

Energy

Co

3

.500

08/01/51

124,731‌

500,000

Consumers

Energy

Co

2

.650

08/15/52

350,078‌

1,000,000

Consumers

Energy

Co

2

.500

05/01/60

647,451‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

89

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

300,000

Dayton

Power

&

Light

Co

3

.950

%

06/15/49

$

257,559‌

200,000

Delmarva

Power

&

Light

Co

4

.150

05/15/45

178,027‌

925,000

Dominion

Energy

South

Carolina,

Inc

2

.300

12/01/31

790,051‌

300,000

Dominion

Energy,

Inc

3

.300

03/15/25

294,024‌

1,750,000

Dominion

Energy,

Inc

3

.900

10/01/25

1,740,059‌

1,000,000

Dominion

Energy,

Inc

1

.450

04/15/26

904,280‌

775,000

Dominion

Energy,

Inc

3

.600

03/15/27

754,089‌

500,000

Dominion

Energy,

Inc

4

.250

06/01/28

491,806‌

303,000

Dominion

Energy,

Inc

3

.375

04/01/30

276,984‌

500,000

Dominion

Energy,

Inc

2

.250

08/15/31

411,072‌

475,000

Dominion

Energy,

Inc

3

.300

04/15/41

372,609‌

200,000

Dominion

Energy,

Inc

4

.700

12/01/44

184,856‌

500,000

Dominion

Energy,

Inc

4

.600

03/15/49

464,506‌

225,000

Dominion

Energy,

Inc

(Step

Bond)

3

.071

08/15/24

219,665‌

200,000

DTE

Electric

Co

3

.650

03/15/24

201,224‌

500,000

DTE

Electric

Co

1

.900

04/01/28

445,612‌

1,500,000

DTE

Electric

Co

3

.000

03/01/32

1,354,227‌

200,000

DTE

Electric

Co

4

.000

04/01/43

178,968‌

100,000

DTE

Electric

Co

3

.700

06/01/46

86,667‌

500,000

DTE

Electric

Co

3

.750

08/15/47

435,774‌

1,000,000

DTE

Electric

Co

4

.050

05/15/48

912,001‌

525,000

DTE

Electric

Co

3

.950

03/01/49

470,575‌

1,000,000

DTE

Electric

Co

2

.950

03/01/50

762,874‌

400,000

DTE

Electric

Co

3

.250

04/01/51

321,814‌

450,000

e

DTE

Electric

Co

3

.650

03/01/52

388,227‌

1,000,000

DTE

Energy

Co

1

.050

06/01/25

919,771‌

327,000

DTE

Energy

Co

3

.400

06/15/29

300,771‌

500,000

DTE

Energy

Co

2

.950

03/01/30

442,586‌

200,000

Duke

Energy

Carolinas

LLC

2

.950

12/01/26

193,300‌

500,000

Duke

Energy

Carolinas

LLC

3

.950

11/15/28

492,758‌

500,000

Duke

Energy

Carolinas

LLC

2

.450

08/15/29

446,066‌

1,500,000

Duke

Energy

Carolinas

LLC

2

.550

04/15/31

1,311,605‌

375,000

Duke

Energy

Carolinas

LLC

2

.850

03/15/32

332,724‌

125,000

Duke

Energy

Carolinas

LLC

5

.300

02/15/40

129,773‌

300,000

Duke

Energy

Carolinas

LLC

3

.750

06/01/45

251,136‌

200,000

Duke

Energy

Carolinas

LLC

3

.875

03/15/46

175,971‌

1,750,000

Duke

Energy

Carolinas

LLC

3

.700

12/01/47

1,481,298‌

1,500,000

Duke

Energy

Carolinas

LLC

3

.950

03/15/48

1,320,150‌

1,000,000

Duke

Energy

Carolinas

LLC

3

.200

08/15/49

781,238‌

1,500,000

Duke

Energy

Carolinas

LLC

3

.450

04/15/51

1,219,657‌

500,000

Duke

Energy

Carolinas

LLC

3

.550

03/15/52

415,320‌

300,000

Duke

Energy

Corp

3

.950

10/15/23

301,258‌

2,700,000

Duke

Energy

Corp

2

.650

09/01/26

2,528,690‌

350,000

Duke

Energy

Corp

3

.150

08/15/27

330,595‌

1,000,000

Duke

Energy

Corp

2

.450

06/01/30

842,885‌

1,000,000

Duke

Energy

Corp

2

.550

06/15/31

830,743‌

1,000,000

Duke

Energy

Corp

3

.300

06/15/41

773,799‌

300,000

Duke

Energy

Corp

4

.800

12/15/45

273,836‌

3,475,000

Duke

Energy

Corp

3

.750

09/01/46

2,736,549‌

500,000

Duke

Energy

Corp

4

.200

06/15/49

417,179‌

1,000,000

Duke

Energy

Corp

3

.500

06/15/51

753,882‌

750,000

Duke

Energy

Corp

3

.250

01/15/82

586,218‌

1,200,000

Duke

Energy

Florida

LLC

3

.200

01/15/27

1,170,746‌

1,000,000

Duke

Energy

Florida

LLC

2

.400

12/15/31

855,124‌

375,000

Duke

Energy

Florida

LLC

6

.400

06/15/38

438,483‌

500,000

Duke

Energy

Florida

LLC

3

.400

10/01/46

393,703‌

300,000

Duke

Energy

Florida

LLC

4

.200

07/15/48

272,970‌

1,000,000

Duke

Energy

Florida

LLC

3

.000

12/15/51

746,186‌

300,000

Duke

Energy

Indiana

LLC

3

.750

05/15/46

254,037‌

500,000

Duke

Energy

Indiana

LLC

3

.250

10/01/49

386,516‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

90

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

275,000

Duke

Energy

Indiana

LLC

2

.750

%

04/01/50

$

194,704‌

200,000

Duke

Energy

Ohio,

Inc

3

.650

02/01/29

190,972‌

25,000

Duke

Energy

Ohio,

Inc

2

.125

06/01/30

21,093‌

200,000

Duke

Energy

Ohio,

Inc

3

.700

06/15/46

166,894‌

200,000

Duke

Energy

Ohio,

Inc

4

.300

02/01/49

181,463‌

300,000

Duke

Energy

Progress

LLC

3

.375

09/01/23

300,365‌

300,000

Duke

Energy

Progress

LLC

3

.250

08/15/25

297,690‌

300,000

Duke

Energy

Progress

LLC

3

.700

09/01/28

290,457‌

5,357,000

Duke

Energy

Progress

LLC

3

.450

03/15/29

5,094,942‌

1,500,000

Duke

Energy

Progress

LLC

2

.000

08/15/31

1,242,204‌

400,000

Duke

Energy

Progress

LLC

4

.375

03/30/44

371,592‌

500,000

Duke

Energy

Progress

LLC

4

.150

12/01/44

447,138‌

300,000

Duke

Energy

Progress

LLC

4

.200

08/15/45

272,565‌

500,000

Duke

Energy

Progress

LLC

3

.700

10/15/46

424,364‌

200,000

Duke

Energy

Progress

LLC

3

.600

09/15/47

166,751‌

600,000

Duke

Energy

Progress

LLC

2

.500

08/15/50

409,736‌

500,000

Duke

Energy

Progress

LLC

2

.900

08/15/51

368,232‌

1,000,000

DXC

Technology

Co

1

.800

09/15/26

898,600‌

1,000,000

DXC

Technology

Co

2

.375

09/15/28

860,450‌

200,000

Eastern

Energy

Gas

Holdings

LLC

3

.550

11/01/23

199,404‌

250,000

Eastern

Energy

Gas

Holdings

LLC

2

.500

11/15/24

241,489‌

134,000

Eastern

Energy

Gas

Holdings

LLC

3

.600

12/15/24

132,708‌

800,000

Edison

International

3

.550

11/15/24

780,477‌

750,000

Edison

International

5

.750

06/15/27

761,155‌

300,000

Edison

International

4

.125

03/15/28

279,674‌

200,000

El

Paso

Electric

Co

5

.000

12/01/44

186,995‌

1,075,000

Emera

US

Finance

LP

3

.550

06/15/26

1,028,858‌

2,000,000

Emera

US

Finance

LP

2

.639

06/15/31

1,661,450‌

625,000

Emera

US

Finance

LP

4

.750

06/15/46

550,091‌

50,000

Empresa

Nacional

de

Electricidad

S.A.

4

.250

04/15/24

49,150‌

950,000

Enbridge,

Inc

2

.500

02/14/25

911,920‌

675,000

Enel

Chile

S.A.

4

.875

06/12/28

644,625‌

400,000

e

Enersis

Americas

S.A.

4

.000

10/25/26

386,000‌

175,000

Entergy

Arkansas

LLC

3

.700

06/01/24

175,595‌

600,000

Entergy

Arkansas

LLC

3

.500

04/01/26

591,870‌

200,000

Entergy

Arkansas

LLC

4

.200

04/01/49

184,255‌

425,000

Entergy

Arkansas

LLC

2

.650

06/15/51

294,529‌

750,000

Entergy

Arkansas

LLC

3

.350

06/15/52

591,900‌

1,000,000

Entergy

Corp

0

.900

09/15/25

900,156‌

1,300,000

Entergy

Corp

2

.950

09/01/26

1,232,092‌

1,000,000

Entergy

Corp

1

.900

06/15/28

857,911‌

175,000

Entergy

Corp

2

.800

06/15/30

150,091‌

625,000

Entergy

Corp

2

.400

06/15/31

508,295‌

500,000

Entergy

Corp

3

.750

06/15/50

392,332‌

200,000

Entergy

Louisiana

LLC

4

.050

09/01/23

200,964‌

605,000

Entergy

Louisiana

LLC

0

.620

11/17/23

582,804‌

200,000

Entergy

Louisiana

LLC

2

.400

10/01/26

185,270‌

200,000

Entergy

Louisiana

LLC

3

.120

09/01/27

190,147‌

1,000,000

Entergy

Louisiana

LLC

1

.600

12/15/30

800,661‌

1,000,000

Entergy

Louisiana

LLC

2

.350

06/15/32

835,718‌

500,000

Entergy

Louisiana

LLC

4

.000

03/15/33

475,493‌

1,000,000

Entergy

Louisiana

LLC

3

.100

06/15/41

792,247‌

300,000

Entergy

Louisiana

LLC

4

.200

09/01/48

275,267‌

300,000

Entergy

Louisiana

LLC

4

.200

04/01/50

270,588‌

875,000

Entergy

Louisiana

LLC

2

.900

03/15/51

630,668‌

800,000

Entergy

Mississippi

LLC

3

.850

06/01/49

685,151‌

475,000

Entergy

Mississippi

LLC

3

.500

06/01/51

382,233‌

1,000,000

Entergy

Texas,

Inc

4

.000

03/30/29

976,323‌

575,000

Entergy

Texas,

Inc

1

.750

03/15/31

464,990‌

200,000

Entergy

Texas,

Inc

4

.500

03/30/39

187,368‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

91

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

700,000

Entergy

Texas,

Inc

3

.550

%

09/30/49

$

557,950‌

225,000

Essential

Utilities,

Inc

2

.704

04/15/30

195,686‌

1,000,000

Essential

Utilities,

Inc

2

.400

05/01/31

831,880‌

300,000

Essential

Utilities,

Inc

3

.351

04/15/50

226,281‌

500,000

Essential

Utilities,

Inc

5

.300

05/01/52

507,220‌

425,000

Evergy

Kansas

Central,

Inc

3

.450

04/15/50

338,767‌

150,000

Evergy

Metro,

Inc

2

.250

06/01/30

129,291‌

1,100,000

Evergy,

Inc

2

.450

09/15/24

1,057,668‌

100,000

Evergy,

Inc

2

.550

07/01/26

94,758‌

750,000

Evergy,

Inc

2

.900

09/15/29

661,910‌

300,000

Eversource

Energy

3

.800

12/01/23

300,613‌

300,000

Eversource

Energy

2

.900

10/01/24

293,276‌

100,000

Eversource

Energy

0

.800

08/15/25

90,258‌

1,000,000

Eversource

Energy

1

.400

08/15/26

892,834‌

1,000,000

Eversource

Energy

4

.600

07/01/27

1,007,999‌

200,000

Eversource

Energy

3

.300

01/15/28

187,985‌

300,000

Eversource

Energy

4

.250

04/01/29

292,311‌

100,000

Eversource

Energy

1

.650

08/15/30

79,639‌

1,000,000

Eversource

Energy

2

.550

03/15/31

847,197‌

1,000,000

Eversource

Energy

3

.375

03/01/32

899,052‌

1,100,000

Eversource

Energy

3

.450

01/15/50

840,101‌

425,000

Exelon

Corp

3

.400

04/15/26

412,375‌

1,500,000

g

Exelon

Corp

2

.750

03/15/27

1,402,180‌

1,000,000

g

Exelon

Corp

3

.350

03/15/32

896,266‌

500,000

Exelon

Corp

4

.950

06/15/35

487,312‌

975,000

Exelon

Corp

4

.450

04/15/46

880,920‌

100,000

Exelon

Corp

4

.700

04/15/50

93,700‌

500,000

g

Exelon

Corp

4

.100

03/15/52

431,037‌

1,500,000

Exelon

Generation

Co

LLC

3

.250

06/01/25

1,436,606‌

900,000

Exelon

Generation

Co

LLC

6

.250

10/01/39

920,083‌

625,000

Exelon

Generation

Co

LLC

5

.600

06/15/42

601,600‌

500,000

Florida

Power

&

Light

Co

3

.250

06/01/24

499,655‌

907,000

Florida

Power

&

Light

Co

3

.125

12/01/25

898,826‌

2,000,000

Florida

Power

&

Light

Co

2

.450

02/03/32

1,742,690‌

100,000

Florida

Power

&

Light

Co

4

.125

02/01/42

94,033‌

200,000

Florida

Power

&

Light

Co

4

.050

06/01/42

185,176‌

450,000

Florida

Power

&

Light

Co

3

.800

12/15/42

400,814‌

400,000

Florida

Power

&

Light

Co

4

.050

10/01/44

368,455‌

500,000

Florida

Power

&

Light

Co

3

.700

12/01/47

439,412‌

1,675,000

Florida

Power

&

Light

Co

3

.950

03/01/48

1,533,108‌

500,000

Florida

Power

&

Light

Co

4

.125

06/01/48

468,220‌

1,100,000

Florida

Power

&

Light

Co

3

.990

03/01/49

1,002,279‌

400,000

Florida

Power

&

Light

Co

3

.150

10/01/49

317,698‌

1,500,000

Florida

Power

&

Light

Co

2

.875

12/04/51

1,115,369‌

768,000

Fortis,

Inc

3

.055

10/04/26

722,603‌

1,000,000

e

FS

KKR

Capital

Corp

3

.250

07/15/27

850,911‌

600,000

Georgia

Power

Co

2

.200

09/15/24

579,229‌

100,000

Georgia

Power

Co

3

.250

04/01/26

97,094‌

700,000

Georgia

Power

Co

3

.250

03/30/27

665,798‌

700,000

Georgia

Power

Co

2

.650

09/15/29

616,031‌

625,000

Georgia

Power

Co

4

.300

03/15/42

543,557‌

700,000

Georgia

Power

Co

4

.300

03/15/43

604,756‌

2,500,000

Georgia

Power

Co

3

.250

03/15/51

1,835,590‌

200,000

Gulf

Power

Co

3

.300

05/30/27

192,949‌

250,000

Iberdrola

International

BV

5

.810

03/15/25

264,670‌

400,000

Iberdrola

International

BV

6

.750

07/15/36

460,576‌

500,000

Indiana

Michigan

Power

Co

3

.850

05/15/28

483,568‌

225,000

Indiana

Michigan

Power

Co

4

.550

03/15/46

208,677‌

100,000

Indiana

Michigan

Power

Co

3

.750

07/01/47

82,403‌

300,000

Indiana

Michigan

Power

Co

4

.250

08/15/48

265,855‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

92

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

675,000

Indiana

Michigan

Power

Co

3

.250

%

05/01/51

$

510,593‌

500,000

Interstate

Power

&

Light

Co

3

.250

12/01/24

493,795‌

725,000

Interstate

Power

&

Light

Co

4

.100

09/26/28

715,006‌

325,000

Interstate

Power

&

Light

Co

3

.600

04/01/29

309,489‌

125,000

Interstate

Power

&

Light

Co

2

.300

06/01/30

106,363‌

100,000

Interstate

Power

&

Light

Co

6

.250

07/15/39

112,087‌

100,000

Interstate

Power

&

Light

Co

3

.700

09/15/46

82,442‌

300,000

Interstate

Power

&

Light

Co

3

.500

09/30/49

239,112‌

1,000,000

Interstate

Power

and

Light

Co

3

.100

11/30/51

732,867‌

1,000,000

IPALCO

Enterprises,

Inc

3

.700

09/01/24

988,761‌

100,000

IPALCO

Enterprises,

Inc

4

.250

05/01/30

92,845‌

300,000

ITC

Holdings

Corp

3

.650

06/15/24

297,135‌

100,000

ITC

Holdings

Corp

3

.250

06/30/26

96,101‌

900,000

ITC

Holdings

Corp

3

.350

11/15/27

859,740‌

200,000

Kansas

City

Power

&

Light

Co

3

.650

08/15/25

197,870‌

100,000

Kansas

City

Power

&

Light

Co

5

.300

10/01/41

102,880‌

650,000

Kansas

City

Power

&

Light

Co

4

.200

06/15/47

583,297‌

100,000

Kansas

City

Power

&

Light

Co

4

.200

03/15/48

89,559‌

300,000

Kansas

City

Power

&

Light

Co

4

.125

04/01/49

267,553‌

300,000

Kentucky

Utilities

Co

4

.375

10/01/45

270,692‌

400,000

Kentucky

Utilities

Co

3

.300

06/01/50

311,929‌

250,000

KeySpan

Corp

5

.803

04/01/35

262,615‌

300,000

Louisville

Gas

&

Electric

Co

4

.250

04/01/49

272,167‌

1,500,000

MidAmerican

Energy

Co

3

.100

05/01/27

1,447,884‌

575,000

MidAmerican

Energy

Co

3

.650

04/15/29

558,611‌

200,000

MidAmerican

Energy

Co

4

.800

09/15/43

198,255‌

200,000

MidAmerican

Energy

Co

4

.400

10/15/44

189,806‌

200,000

MidAmerican

Energy

Co

4

.250

05/01/46

186,674‌

500,000

MidAmerican

Energy

Co

3

.950

08/01/47

445,255‌

1,000,000

MidAmerican

Energy

Co

3

.650

08/01/48

847,825‌

300,000

MidAmerican

Energy

Co

4

.250

07/15/49

278,233‌

300,000

MidAmerican

Energy

Co

3

.150

04/15/50

234,834‌

1,000,000

MidAmerican

Energy

Co

2

.700

08/01/52

717,709‌

500,000

Mississippi

Power

Co

3

.950

03/30/28

486,563‌

750,000

Mississippi

Power

Co

4

.250

03/15/42

653,318‌

1,000,000

Mississippi

Power

Co

3

.100

07/30/51

706,755‌

1,000,000

MPLX

LP

4

.950

03/14/52

864,157‌

200,000

National

Fuel

Gas

Co

3

.750

03/01/23

200,122‌

300,000

National

Fuel

Gas

Co

5

.200

07/15/25

303,710‌

300,000

National

Fuel

Gas

Co

5

.500

01/15/26

301,099‌

200,000

National

Fuel

Gas

Co

3

.950

09/15/27

186,657‌

200,000

National

Fuel

Gas

Co

4

.750

09/01/28

196,398‌

1,100,000

National

Fuel

Gas

Co

2

.950

03/01/31

892,831‌

1,000,000

Nevada

Power

Co

3

.700

05/01/29

963,863‌

500,000

Nevada

Power

Co

2

.400

05/01/30

435,555‌

500,000

Nevada

Power

Co

3

.125

08/01/50

370,164‌

1,250,000

NextEra

Energy

Capital

Holdings,

Inc

4

.450

06/20/25

1,258,646‌

1,125,000

NextEra

Energy

Capital

Holdings,

Inc

3

.550

05/01/27

1,086,109‌

1,250,000

NextEra

Energy

Capital

Holdings,

Inc

4

.625

07/15/27

1,267,063‌

2,500,000

NextEra

Energy

Capital

Holdings,

Inc

1

.900

06/15/28

2,173,793‌

300,000

NextEra

Energy

Capital

Holdings,

Inc

3

.500

04/01/29

280,001‌

450,000

NextEra

Energy

Capital

Holdings,

Inc

2

.750

11/01/29

397,805‌

2,980,000

NextEra

Energy

Capital

Holdings,

Inc

2

.250

06/01/30

2,502,406‌

1,000,000

NextEra

Energy

Capital

Holdings,

Inc

2

.440

01/15/32

832,853‌

450,000

NextEra

Energy

Capital

Holdings,

Inc

5

.000

07/15/32

461,026‌

1,000,000

NextEra

Energy

Capital

Holdings,

Inc

3

.000

01/15/52

714,631‌

1,700,000

NextEra

Energy

Capital

Holdings,

Inc

5

.650

05/01/79

1,493,792‌

1,000,000

NextEra

Energy

Capital

Holdings,

Inc

3

.800

03/15/82

802,753‌

500,000

NiSource,

Inc

0

.950

08/15/25

449,109‌

1,000,000

NiSource,

Inc

3

.490

05/15/27

957,245‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

93

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

750,000

NiSource,

Inc

2

.950

%

09/01/29

$

664,317‌

200,000

NiSource,

Inc

3

.600

05/01/30

183,236‌

800,000

NiSource,

Inc

1

.700

02/15/31

625,380‌

77,000

NiSource,

Inc

5

.950

06/15/41

79,594‌

700,000

NiSource,

Inc

5

.250

02/15/43

675,724‌

450,000

NiSource,

Inc

4

.800

02/15/44

402,800‌

815,000

NiSource,

Inc

5

.650

02/01/45

817,751‌

350,000

NiSource,

Inc

4

.375

05/15/47

308,003‌

500,000

NiSource,

Inc

3

.950

03/30/48

414,761‌

200,000

NiSource,

Inc

5

.000

06/15/52

195,311‌

600,000

e

Northern

States

Power

Co

2

.250

04/01/31

524,502‌

425,000

Northern

States

Power

Co

5

.350

11/01/39

456,532‌

175,000

Northern

States

Power

Co

3

.600

05/15/46

149,597‌

1,950,000

Northern

States

Power

Co

3

.600

09/15/47

1,637,473‌

325,000

Northern

States

Power

Co

2

.900

03/01/50

244,290‌

750,000

Northern

States

Power

Co

2

.600

06/01/51

527,961‌

1,000,000

Northern

States

Power

Co

3

.200

04/01/52

785,382‌

400,000

Northern

States

Power

Co

4

.500

06/01/52

393,861‌

1,000,000

Northwest

Pipeline

LLC

4

.000

04/01/27

973,554‌

200,000

NorthWestern

Corp

4

.176

11/15/44

173,871‌

200,000

NSTAR

Electric

Co

2

.375

10/15/22

199,876‌

300,000

NSTAR

Electric

Co

3

.200

05/15/27

289,229‌

1,000,000

NSTAR

Electric

Co

1

.950

08/15/31

830,378‌

1,100,000

NSTAR

Electric

Co

3

.100

06/01/51

842,023‌

350,000

NSTAR

Electric

Co

4

.550

06/01/52

340,437‌

1,000,000

nVent

Finance

Sarl

2

.750

11/15/31

812,810‌

200,000

Nvent

Finance

Sarl

4

.550

04/15/28

193,255‌

1,000,000

g

Oglethorpe

Power

Corp

4

.500

04/01/47

862,535‌

500,000

Oglethorpe

Power

Corp

5

.050

10/01/48

468,056‌

750,000

Oglethorpe

Power

Corp

3

.750

08/01/50

596,548‌

500,000

Oglethorpe

Power

Corp

5

.250

09/01/50

474,841‌

2,000,000

Ohio

Power

Co

1

.625

01/15/31

1,608,461‌

500,000

Ohio

Power

Co

4

.150

04/01/48

436,450‌

1,500,000

Ohio

Power

Co

4

.000

06/01/49

1,290,456‌

1,000,000

Ohio

Power

Co

2

.900

10/01/51

714,978‌

200,000

Oklahoma

Gas

&

Electric

Co

3

.800

08/15/28

194,035‌

500,000

Oklahoma

Gas

&

Electric

Co

3

.300

03/15/30

463,876‌

100,000

Oklahoma

Gas

&

Electric

Co

3

.250

04/01/30

92,552‌

200,000

Oklahoma

Gas

&

Electric

Co

4

.150

04/01/47

179,687‌

200,000

Oklahoma

Gas

&

Electric

Co

3

.850

08/15/47

169,073‌

400,000

Oncor

Electric

Delivery

Co

LLC

2

.950

04/01/25

390,792‌

1,000,000

Oncor

Electric

Delivery

Co

LLC

0

.550

10/01/25

902,152‌

750,000

Oncor

Electric

Delivery

Co

LLC

3

.700

11/15/28

729,746‌

1,500,000

Oncor

Electric

Delivery

Co

LLC

5

.750

03/15/29

1,620,309‌

1,325,000

Oncor

Electric

Delivery

Co

LLC

2

.750

05/15/30

1,205,984‌

425,000

g

Oncor

Electric

Delivery

Co

LLC

4

.150

06/01/32

425,708‌

100,000

Oncor

Electric

Delivery

Co

LLC

5

.250

09/30/40

105,847‌

550,000

Oncor

Electric

Delivery

Co

LLC

4

.550

12/01/41

535,066‌

56,000

Oncor

Electric

Delivery

Co

LLC

5

.300

06/01/42

59,292‌

300,000

Oncor

Electric

Delivery

Co

LLC

3

.750

04/01/45

257,511‌

400,000

Oncor

Electric

Delivery

Co

LLC

3

.800

09/30/47

352,419‌

200,000

Oncor

Electric

Delivery

Co

LLC

4

.100

11/15/48

183,783‌

500,000

Oncor

Electric

Delivery

Co

LLC

3

.800

06/01/49

438,701‌

500,000

Oncor

Electric

Delivery

Co

LLC

3

.100

09/15/49

386,810‌

200,000

Oncor

Electric

Delivery

Co

LLC

3

.700

05/15/50

172,659‌

550,000

Oncor

Electric

Delivery

Co

LLC

2

.700

11/15/51

401,922‌

164,000

Oncor

Electric

Delivery

Co

LLC

5

.350

10/01/52

178,264‌

137,000

ONE

Gas,

Inc

3

.610

02/01/24

136,836‌

2,000,000

ONE

Gas,

Inc

1

.100

03/11/24

1,905,189‌

100,000

ONE

Gas,

Inc

2

.000

05/15/30

83,349‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

94

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

100,000

ONE

Gas,

Inc

4

.658

%

02/01/44

$

90,352‌

500,000

ONE

Gas,

Inc

4

.500

11/01/48

446,303‌

200,000

ONEOK

Partners

LP

5

.000

09/15/23

202,080‌

700,000

ONEOK

Partners

LP

4

.900

03/15/25

705,833‌

130,000

ONEOK

Partners

LP

6

.650

10/01/36

132,381‌

250,000

ONEOK

Partners

LP

6

.850

10/15/37

256,219‌

100,000

ONEOK

Partners

LP

6

.125

02/01/41

95,211‌

5,000,000

Pacific

Gas

and

Electric

Co

3

.150

01/01/26

4,576,765‌

500,000

Pacific

Gas

and

Electric

Co

5

.450

06/15/27

483,865‌

3,000,000

Pacific

Gas

and

Electric

Co

2

.100

08/01/27

2,514,797‌

1,500,000

Pacific

Gas

and

Electric

Co

3

.000

06/15/28

1,292,309‌

1,000,000

Pacific

Gas

and

Electric

Co

4

.200

03/01/29

892,441‌

3,000,000

Pacific

Gas

and

Electric

Co

4

.550

07/01/30

2,665,593‌

4,000,000

Pacific

Gas

and

Electric

Co

2

.500

02/01/31

3,059,727‌

2,000,000

Pacific

Gas

and

Electric

Co

3

.250

06/01/31

1,615,326‌

1,000,000

Pacific

Gas

and

Electric

Co

4

.400

03/01/32

867,938‌

500,000

Pacific

Gas

and

Electric

Co

5

.900

06/15/32

483,343‌

750,000

Pacific

Gas

and

Electric

Co

4

.500

07/01/40

581,268‌

1,000,000

Pacific

Gas

and

Electric

Co

3

.300

08/01/40

689,464‌

1,500,000

Pacific

Gas

and

Electric

Co

4

.200

06/01/41

1,098,399‌

2,200,000

Pacific

Gas

and

Electric

Co

4

.950

07/01/50

1,755,405‌

3,300,000

Pacific

Gas

and

Electric

Co

3

.500

08/01/50

2,204,248‌

1,000,000

Pacific

Gas

and

Electric

Co

5

.250

03/01/52

823,656‌

500,000

PacifiCorp

3

.500

06/15/29

474,687‌

500,000

PacifiCorp

2

.700

09/15/30

443,187‌

850,000

PacifiCorp

6

.000

01/15/39

932,531‌

300,000

PacifiCorp

4

.125

01/15/49

268,651‌

1,300,000

PacifiCorp

4

.150

02/15/50

1,172,210‌

250,000

PacifiCorp

3

.300

03/15/51

195,454‌

2,000,000

PacifiCorp

2

.900

06/15/52

1,458,332‌

1,000,000

PayPal

Holdings,

Inc

3

.900

06/01/27

996,480‌

1,000,000

PayPal

Holdings,

Inc

4

.400

06/01/32

989,979‌

750,000

PayPal

Holdings,

Inc

5

.050

06/01/52

743,632‌

750,000

PayPal

Holdings,

Inc

5

.250

06/01/62

741,573‌

200,000

PECO

Energy

Co

3

.150

10/15/25

197,294‌

200,000

PECO

Energy

Co

4

.150

10/01/44

181,506‌

200,000

PECO

Energy

Co

3

.700

09/15/47

173,616‌

1,200,000

PECO

Energy

Co

3

.900

03/01/48

1,073,742‌

125,000

PECO

Energy

Co

3

.000

09/15/49

94,699‌

100,000

PECO

Energy

Co

2

.800

06/15/50

72,965‌

475,000

PECO

Energy

Co

3

.050

03/15/51

362,847‌

1,000,000

PECO

Energy

Co

2

.850

09/15/51

733,248‌

500,000

PECO

Energy

Co

4

.600

05/15/52

500,279‌

500,000

PG&E

WILDFIRE

RECOVERY

3

.594

06/01/30

496,122‌

250,000

PG&E

WILDFIRE

RECOVERY

4

.263

06/01/36

251,446‌

250,000

PG&E

WILDFIRE

RECOVERY

4

.377

06/01/39

246,536‌

1,000,000

PG&E

WILDFIRE

RECOVERY

4

.451

12/01/47

1,007,139‌

1,000,000

PG&E

WILDFIRE

RECOVERY

4

.674

12/01/51

997,996‌

1,000,000

Piedmont

Natural

Gas

Co,

Inc

2

.500

03/15/31

842,732‌

200,000

Piedmont

Natural

Gas

Co,

Inc

4

.650

08/01/43

183,551‌

1,600,000

Piedmont

Natural

Gas

Co,

Inc

3

.350

06/01/50

1,189,929‌

1,000,000

Piedmont

Natural

Gas

Co,

Inc

5

.050

05/15/52

977,757‌

1,000,000

Pinnacle

West

Capital

Corp

1

.300

06/15/25

914,572‌

200,000

Potomac

Electric

Power

Co

3

.600

03/15/24

200,250‌

900,000

Potomac

Electric

Power

Co

4

.150

03/15/43

815,927‌

950,000

PPL

Capital

Funding,

Inc

3

.100

05/15/26

903,749‌

200,000

PPL

Electric

Utilities

Corp

4

.125

06/15/44

179,164‌

275,000

PPL

Electric

Utilities

Corp

4

.150

10/01/45

245,996‌

500,000

PPL

Electric

Utilities

Corp

3

.950

06/01/47

445,615‌

200,000

PPL

Electric

Utilities

Corp

4

.150

06/15/48

182,836‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

95

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

525,000

PPL

Electric

Utilities

Corp

3

.000

%

10/01/49

$

396,130‌

250,000

Public

Service

Co

of

Colorado

3

.700

06/15/28

246,013‌

1,000,000

Public

Service

Co

of

Colorado

1

.900

01/15/31

844,397‌

1,050,000

Public

Service

Co

of

Colorado

1

.875

06/15/31

877,735‌

275,000

Public

Service

Co

of

Colorado

4

.100

06/01/32

274,198‌

200,000

Public

Service

Co

of

Colorado

3

.800

06/15/47

176,320‌

100,000

Public

Service

Co

of

Colorado

4

.100

06/15/48

91,225‌

300,000

Public

Service

Co

of

Colorado

4

.050

09/15/49

270,420‌

400,000

Public

Service

Co

of

Colorado

3

.200

03/01/50

314,007‌

350,000

Public

Service

Co

of

Colorado

2

.700

01/15/51

248,919‌

1,200,000

Public

Service

Co

of

New

Hampshire

2

.200

06/15/31

1,023,448‌

100,000

Public

Service

Co

of

New

Hampshire

3

.600

07/01/49

83,395‌

500,000

Public

Service

Co

of

Oklahoma

2

.200

08/15/31

416,833‌

500,000

Public

Service

Co

of

Oklahoma

3

.150

08/15/51

366,450‌

300,000

Public

Service

Electric

&

Gas

Co

3

.250

09/01/23

299,960‌

300,000

Public

Service

Electric

&

Gas

Co

2

.250

09/15/26

281,412‌

450,000

Public

Service

Electric

&

Gas

Co

3

.000

05/15/27

433,626‌

250,000

Public

Service

Electric

&

Gas

Co

3

.700

05/01/28

243,720‌

500,000

Public

Service

Electric

&

Gas

Co

3

.200

05/15/29

476,124‌

500,000

Public

Service

Electric

&

Gas

Co

2

.450

01/15/30

445,346‌

200,000

Public

Service

Electric

&

Gas

Co

3

.800

01/01/43

174,989‌

600,000

Public

Service

Electric

&

Gas

Co

3

.800

03/01/46

526,482‌

200,000

Public

Service

Electric

&

Gas

Co

3

.600

12/01/47

169,162‌

250,000

Public

Service

Electric

&

Gas

Co

4

.050

05/01/48

226,946‌

500,000

Public

Service

Electric

&

Gas

Co

3

.850

05/01/49

439,365‌

575,000

Public

Service

Electric

&

Gas

Co

3

.200

08/01/49

455,363‌

500,000

Public

Service

Electric

&

Gas

Co

3

.150

01/01/50

388,218‌

175,000

Public

Service

Electric

&

Gas

Co

2

.700

05/01/50

125,418‌

425,000

Public

Service

Electric

&

Gas

Co

2

.050

08/01/50

264,519‌

1,000,000

Public

Service

Electric

and

Gas

Co

0

.950

03/15/26

903,422‌

1,000,000

Public

Service

Electric

and

Gas

Co

1

.900

08/15/31

831,591‌

500,000

e

Public

Service

Electric

and

Gas

Co

3

.100

03/15/32

459,305‌

2,000,000

Public

Service

Electric

and

Gas

Co

3

.000

03/01/51

1,514,674‌

400,000

Public

Service

Enterprise

Group,

Inc

0

.800

08/15/25

361,241‌

400,000

Public

Service

Enterprise

Group,

Inc

1

.600

08/15/30

317,696‌

1,000,000

Public

Service

Enterprise

Group,

Inc

2

.450

11/15/31

834,287‌

1,585,000

Puget

Energy,

Inc

3

.650

05/15/25

1,551,713‌

1,000,000

Puget

Energy,

Inc

2

.379

06/15/28

874,239‌

1,000,000

Puget

Energy,

Inc

4

.100

06/15/30

929,478‌

250,000

Puget

Sound

Energy,

Inc

5

.757

10/01/39

266,795‌

200,000

Puget

Sound

Energy,

Inc

4

.300

05/20/45

178,779‌

725,000

Puget

Sound

Energy,

Inc

4

.223

06/15/48

642,109‌

275,000

Puget

Sound

Energy,

Inc

3

.250

09/15/49

210,102‌

750,000

Puget

Sound

Energy,

Inc

2

.893

09/15/51

549,057‌

2,000,000

g

Qorvo,

Inc

1

.750

12/15/24

1,868,240‌

400,000

San

Diego

Gas

&

Electric

Co

3

.600

09/01/23

402,587‌

800,000

San

Diego

Gas

&

Electric

Co

2

.500

05/15/26

757,364‌

500,000

San

Diego

Gas

&

Electric

Co

1

.700

10/01/30

410,434‌

1,000,000

e

San

Diego

Gas

&

Electric

Co

3

.000

03/15/32

894,765‌

300,000

San

Diego

Gas

&

Electric

Co

3

.750

06/01/47

253,211‌

300,000

San

Diego

Gas

&

Electric

Co

4

.150

05/15/48

273,609‌

750,000

San

Diego

Gas

&

Electric

Co

4

.100

06/15/49

664,928‌

675,000

San

Diego

Gas

&

Electric

Co

2

.950

08/15/51

497,716‌

1,000,000

San

Diego

Gas

&

Electric

Co

3

.700

03/15/52

842,713‌

2,000,000

Santander

UK

Group

Holdings

plc

2

.469

01/11/28

1,767,162‌

1,525,000

Sempra

Energy

3

.250

06/15/27

1,446,400‌

675,000

Sempra

Energy

3

.400

02/01/28

637,385‌

825,000

Sempra

Energy

3

.800

02/01/38

696,351‌

125,000

Sempra

Energy

6

.000

10/15/39

132,196‌

850,000

Sempra

Energy

4

.000

02/01/48

706,831‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

96

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

1,380,000

Sempra

Energy

4

.125

%

04/01/52

$

1,106,444‌

869,000

Sierra

Pacific

Power

Co

2

.600

05/01/26

826,488‌

50,000

South

Carolina

Electric

&

Gas

Co

5

.300

05/15/33

53,408‌

125,000

South

Carolina

Electric

&

Gas

Co

5

.450

02/01/41

131,935‌

800,000

South

Carolina

Electric

&

Gas

Co

4

.600

06/15/43

755,444‌

100,000

Southern

California

Edison

Co

3

.400

06/01/23

99,488‌

500,000

Southern

California

Edison

Co

0

.700

08/01/23

484,575‌

1,000,000

Southern

California

Edison

Co

1

.100

04/01/24

951,296‌

500,000

Southern

California

Edison

Co

0

.975

08/01/24

471,382‌

500,000

Southern

California

Edison

Co

3

.700

08/01/25

491,804‌

1,000,000

Southern

California

Edison

Co

1

.200

02/01/26

894,682‌

500,000

Southern

California

Edison

Co

4

.700

06/01/27

500,899‌

750,000

Southern

California

Edison

Co

3

.650

03/01/28

710,250‌

500,000

Southern

California

Edison

Co

4

.200

03/01/29

481,126‌

600,000

Southern

California

Edison

Co

2

.850

08/01/29

531,656‌

1,750,000

Southern

California

Edison

Co

2

.250

06/01/30

1,469,188‌

1,500,000

Southern

California

Edison

Co

2

.500

06/01/31

1,258,727‌

1,000,000

Southern

California

Edison

Co

2

.750

02/01/32

844,687‌

185,000

Southern

California

Edison

Co

6

.050

03/15/39

193,455‌

300,000

Southern

California

Edison

Co

4

.500

09/01/40

266,801‌

825,000

Southern

California

Edison

Co

4

.650

10/01/43

749,058‌

450,000

Southern

California

Edison

Co

3

.600

02/01/45

339,909‌

1,937,000

Southern

California

Edison

Co

4

.000

04/01/47

1,571,192‌

1,675,000

Southern

California

Edison

Co

4

.125

03/01/48

1,378,034‌

925,000

Southern

California

Edison

Co

3

.650

02/01/50

707,188‌

1,500,000

Southern

California

Edison

Co

2

.950

02/01/51

1,017,046‌

1,000,000

Southern

California

Edison

Co

3

.650

06/01/51

775,474‌

1,000,000

Southern

California

Edison

Co

3

.450

02/01/52

744,143‌

200,000

Southern

California

Gas

Co

3

.200

06/15/25

196,631‌

200,000

Southern

California

Gas

Co

2

.600

06/15/26

189,443‌

1,000,000

Southern

California

Gas

Co

2

.950

04/15/27

946,581‌

500,000

Southern

California

Gas

Co

2

.550

02/01/30

441,885‌

150,000

Southern

California

Gas

Co

3

.750

09/15/42

125,580‌

500,000

Southern

California

Gas

Co

4

.125

06/01/48

437,874‌

300,000

Southern

California

Gas

Co

4

.300

01/15/49

271,426‌

500,000

Southern

California

Gas

Co

3

.950

02/15/50

431,455‌

2,000,000

Southern

Co

5

.113

08/01/27

2,016,624‌

1,500,000

Southern

Co

1

.750

03/15/28

1,282,544‌

2,500,000

Southern

Co

3

.700

04/30/30

2,319,720‌

400,000

Southern

Co

4

.250

07/01/36

366,281‌

2,300,000

Southern

Co

4

.400

07/01/46

2,000,389‌

1,000,000

Southern

Co

4

.000

01/15/51

896,480‌

1,500,000

Southern

Co

3

.750

09/15/51

1,274,505‌

200,000

Southern

Co

Gas

Capital

Corp

2

.450

10/01/23

197,240‌

400,000

Southern

Co

Gas

Capital

Corp

3

.250

06/15/26

383,820‌

500,000

Southern

Co

Gas

Capital

Corp

1

.750

01/15/31

395,242‌

275,000

Southern

Co

Gas

Capital

Corp

4

.400

06/01/43

238,734‌

100,000

Southern

Co

Gas

Capital

Corp

3

.950

10/01/46

81,789‌

900,000

Southern

Co

Gas

Capital

Corp

4

.400

05/30/47

784,423‌

175,000

Southern

Co

Gas

Capital

Corp

3

.150

09/30/51

123,998‌

200,000

Southern

Power

Co

4

.150

12/01/25

200,199‌

950,000

Southern

Power

Co

0

.900

01/15/26

848,364‌

300,000

Southern

Power

Co

4

.950

12/15/46

275,778‌

150,000

Southwest

Gas

Corp

3

.700

04/01/28

141,562‌

100,000

Southwest

Gas

Corp

2

.200

06/15/30

80,836‌

1,000,000

Southwest

Gas

Corp

4

.050

03/15/32

907,399‌

100,000

Southwest

Gas

Corp

3

.800

09/29/46

77,812‌

500,000

Southwest

Gas

Corp

4

.150

06/01/49

414,208‌

1,000,000

Southwest

Gas

Corp

3

.180

08/15/51

698,395‌

500,000

Southwestern

Electric

Power

Co

2

.750

10/01/26

467,757‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

97

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

675,000

Southwestern

Electric

Power

Co

4

.100

%

09/15/28

$

652,000‌

750,000

Southwestern

Electric

Power

Co

3

.850

02/01/48

607,850‌

750,000

Southwestern

Electric

Power

Co

3

.250

11/01/51

554,959‌

600,000

Southwestern

Public

Service

Co

4

.500

08/15/41

566,152‌

300,000

Southwestern

Public

Service

Co

3

.400

08/15/46

238,039‌

225,000

Southwestern

Public

Service

Co

3

.700

08/15/47

186,171‌

200,000

Southwestern

Public

Service

Co

4

.400

11/15/48

183,258‌

750,000

Southwestern

Public

Service

Co

3

.750

06/15/49

631,826‌

650,000

Southwestern

Public

Service

Co

3

.150

05/01/50

496,213‌

1,500,000

Spire

Missouri,

Inc

3

.300

06/01/51

1,168,946‌

1,000,000

Tampa

Electric

Co

2

.400

03/15/31

862,046‌

100,000

Tampa

Electric

Co

4

.100

06/15/42

87,164‌

175,000

Tampa

Electric

Co

4

.350

05/15/44

159,877‌

200,000

Tampa

Electric

Co

4

.300

06/15/48

181,499‌

200,000

Tampa

Electric

Co

4

.450

06/15/49

184,871‌

575,000

Tampa

Electric

Co

3

.625

06/15/50

465,795‌

925,000

Tampa

Electric

Co

3

.450

03/15/51

728,291‌

300,000

TC

PipeLines

LP

4

.375

03/13/25

301,584‌

350,000

TC

PipeLines

LP

3

.900

05/25/27

343,240‌

200,000

Tucson

Electric

Power

Co

3

.050

03/15/25

195,720‌

125,000

Tucson

Electric

Power

Co

1

.500

08/01/30

99,704‌

500,000

Tucson

Electric

Power

Co

3

.250

05/15/32

450,822‌

200,000

Tucson

Electric

Power

Co

4

.850

12/01/48

191,403‌

500,000

Tucson

Electric

Power

Co

4

.000

06/15/50

422,233‌

2,000,000

Tucson

Electric

Power

Co

3

.250

05/01/51

1,475,853‌

200,000

Union

Electric

Co

2

.950

06/15/27

191,009‌

300,000

Union

Electric

Co

3

.500

03/15/29

286,756‌

500,000

Union

Electric

Co

2

.950

03/15/30

454,971‌

1,000,000

Union

Electric

Co

2

.150

03/15/32

830,576‌

100,000

Union

Electric

Co

8

.450

03/15/39

134,375‌

100,000

Union

Electric

Co

3

.900

09/15/42

88,452‌

100,000

Union

Electric

Co

3

.650

04/15/45

82,660‌

200,000

Union

Electric

Co

4

.000

04/01/48

176,557‌

1,000,000

Union

Electric

Co

3

.250

10/01/49

777,722‌

675,000

Union

Electric

Co

2

.625

03/15/51

468,013‌

125,000

Union

Electric

Co

3

.900

04/01/52

109,951‌

100,000

United

Utilities

plc

6

.875

08/15/28

108,551‌

500,000

Virginia

Electric

&

Power

Co

3

.450

02/15/24

498,872‌

900,000

Virginia

Electric

&

Power

Co

2

.950

11/15/26

857,258‌

1,750,000

Virginia

Electric

&

Power

Co

3

.500

03/15/27

1,708,700‌

3,000,000

Virginia

Electric

&

Power

Co

3

.800

04/01/28

2,932,295‌

1,000,000

Virginia

Electric

&

Power

Co

2

.875

07/15/29

915,607‌

250,000

Virginia

Electric

&

Power

Co

4

.650

08/15/43

238,162‌

400,000

Virginia

Electric

&

Power

Co

4

.450

02/15/44

372,029‌

200,000

Virginia

Electric

&

Power

Co

4

.200

05/15/45

178,916‌

1,100,000

Virginia

Electric

&

Power

Co

4

.000

11/15/46

973,881‌

700,000

Virginia

Electric

&

Power

Co

3

.800

09/15/47

600,182‌

1,300,000

Virginia

Electric

&

Power

Co

4

.600

12/01/48

1,250,257‌

500,000

Virginia

Electric

&

Power

Co

3

.300

12/01/49

397,835‌

500,000

Virginia

Electric

and

Power

Co

3

.750

05/15/27

494,852‌

1,000,000

Virginia

Electric

and

Power

Co

2

.300

11/15/31

845,588‌

1,000,000

e

Virginia

Electric

and

Power

Co

2

.400

03/30/32

854,499‌

500,000

Virginia

Electric

and

Power

Co

2

.450

12/15/50

335,940‌

1,500,000

Virginia

Electric

and

Power

Co

2

.950

11/15/51

1,108,468‌

500,000

Virginia

Electric

and

Power

Co

4

.625

05/15/52

483,823‌

200,000

Washington

Gas

Light

Co

3

.796

09/15/46

170,721‌

700,000

Washington

Gas

Light

Co

3

.650

09/15/49

578,954‌

1,000,000

WEC

Energy

Group,

Inc

0

.550

09/15/23

966,032‌

365,000

WEC

Energy

Group,

Inc

3

.550

06/15/25

358,303‌

500,000

WEC

Energy

Group,

Inc

1

.375

10/15/27

433,260‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

98

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

1,000,000

WEC

Energy

Group,

Inc

2

.200

%

12/15/28

$

874,804‌

500,000

WEC

Energy

Group,

Inc

1

.800

10/15/30

402,444‌

500,000

Westar

Energy,

Inc

4

.125

03/01/42

445,094‌

175,000

Westar

Energy,

Inc

4

.100

04/01/43

153,365‌

375,000

Westar

Energy,

Inc

3

.250

09/01/49

289,678‌

175,000

Wisconsin

Electric

Power

Co

2

.050

12/15/24

168,766‌

1,000,000

Wisconsin

Electric

Power

Co

1

.700

06/15/28

871,169‌

200,000

Wisconsin

Electric

Power

Co

5

.625

05/15/33

217,286‌

200,000

Wisconsin

Electric

Power

Co

4

.300

10/15/48

184,898‌

325,000

Wisconsin

Power

&

Light

Co

3

.050

10/15/27

307,598‌

500,000

Wisconsin

Power

&

Light

Co

3

.000

07/01/29

461,270‌

225,000

Wisconsin

Power

&

Light

Co

3

.650

04/01/50

184,266‌

1,000,000

Wisconsin

Power

and

Light

Co

1

.950

09/16/31

830,396‌

200,000

Wisconsin

Public

Service

Corp

4

.752

11/01/44

194,362‌

300,000

Wisconsin

Public

Service

Corp

3

.300

09/01/49

235,456‌

550,000

Wisconsin

Public

Service

Corp

2

.850

12/01/51

399,284‌

750,000

Xcel

Energy,

Inc

3

.350

12/01/26

724,087‌

1,000,000

Xcel

Energy,

Inc

1

.750

03/15/27

893,280‌

900,000

Xcel

Energy,

Inc

4

.000

06/15/28

879,669‌

1,000,000

Xcel

Energy,

Inc

2

.350

11/15/31

825,342‌

1,000,000

Xcel

Energy,

Inc

4

.600

06/01/32

991,758‌

200,000

Xcel

Energy,

Inc

4

.800

09/15/41

188,429‌

500,000

Xcel

Energy,

Inc

3

.500

12/01/49

395,698‌

1,000,000

Yale

Haven

Health

Services

Corp

2

.496

07/01/50

688,885‌

TOTAL

UTILITIES

443,538,893‌

TOTAL

CORPORATE

BONDS

4,915,036,341‌

(Cost

$5,551,028,198)

GOVERNMENT

BONDS

-

72.3%

AGENCY

SECURITIES

-

1

.2

%

3,000,000

Federal

Farm

Credit

Bank

(FFCB)

0

.125

11/23/22

2,972,887‌

7,100,000

FFCB

0

.125

05/10/23

6,936,360‌

3,000,000

FFCB

2

.875

07/17/23

3,000,402‌

10,000,000

FFCB

0

.300

09/01/23

9,692,250‌

1,145,000

FFCB

3

.500

12/20/23

1,153,435‌

1,670,000

FFCB

0

.250

02/26/24

1,600,332‌

1,750,000

FFCB

1

.125

01/06/25

1,670,399‌

4,000,000

FFCB

1

.750

02/14/25

3,868,394‌

5,000,000

FFCB

1

.650

07/23/35

3,998,360‌

7,500,000

Federal

Farm

Credit

Banks

Funding

Corp

2

.625

05/16/24

7,450,652‌

3,200,000

Federal

Home

Loan

Bank

(FHLB)

0

.125

06/02/23

3,118,222‌

5,500,000

FHLB

0

.500

11/09/23

5,319,886‌

10,000,000

FHLB

0

.500

04/14/25

9,322,100‌

2,000,000

FHLB

0

.375

09/04/25

1,836,676‌

13,875,000

FHLB

3

.250

11/16/28

13,920,799‌

4,000,000

Federal

Home

Loan

Banks

2

.750

06/28/24

3,976,849‌

3,000,000

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

0

.375

05/05/23

2,936,199‌

12,625,000

FHLMC

2

.750

06/19/23

12,595,286‌

7,000,000

FHLMC

0

.250

08/24/23

6,787,955‌

3,250,000

FHLMC

0

.250

09/08/23

3,149,135‌

6,750,000

FHLMC

0

.125

10/16/23

6,510,851‌

4,000,000

FHLMC

0

.250

11/06/23

3,858,594‌

3,782,000

FHLMC

0

.250

12/04/23

3,639,003‌

10,000,000

FHLMC

1

.500

02/12/25

9,612,472‌

6,000,000

FHLMC

0

.375

07/21/25

5,534,707‌

5,000,000

FHLMC

0

.375

09/23/25

4,586,472‌

219,155

i

Federal

National

Mortgage

Association

(FNMA)

2

.301

09/25/22

218,974‌

10,000,000

FNMA

2

.375

01/19/23

9,994,055‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

99

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

AGENCY

SECURITIES—continued

$

5,250,000

FNMA

0

.250

%

07/10/23

$

5,110,841‌

1,000,000

FNMA

2

.875

09/12/23

999,909‌

3,000,000

FNMA

0

.250

11/27/23

2,890,652‌

2,500,000

FNMA

2

.500

02/05/24

2,482,264‌

5,000,000

FNMA

1

.750

07/02/24

4,887,029‌

13,700,000

FNMA

2

.625

09/06/24

13,573,073‌

3,000,000

FNMA

1

.625

01/07/25

2,896,757‌

4,000,000

FNMA

0

.625

04/22/25

3,740,414‌

10,000,000

FNMA

0

.375

08/25/25

9,184,239‌

4,500,000

FNMA

0

.500

11/07/25

4,131,438‌

4,000,000

FNMA

1

.875

09/24/26

3,805,981‌

3,000,000

FNMA

0

.750

10/08/27

2,653,778‌

10,000,000

FNMA

0

.875

08/05/30

8,273,514‌

5,000,000

FNMA

6

.625

11/15/30

6,178,755‌

1,000,000

FNMA

5

.625

07/15/37

1,219,579‌

1,300,000

Hashemite

Kingdom

of

Jordan

Government

AID

Bond

3

.000

06/30/25

1,290,435‌

800,000

Israel

Government

AID

International

Bond

5

.500

09/18/23

823,628‌

300,000

Israel

Government

AID

International

Bond

5

.500

04/26/24

311,663‌

400,000

Private

Export

Funding

Corp

(PEFCO)

2

.050

11/15/22

399,192‌

250,000

PEFCO

1

.750

11/15/24

241,239‌

200,000

PEFCO

3

.250

06/15/25

200,078‌

750,000

Tennessee

Valley

Authority

(TVA)

2

.875

09/15/24

746,632‌

2,000,000

TVA

0

.750

05/15/25

1,870,652‌

1,425,000

TVA

2

.875

02/01/27

1,405,778‌

5,000,000

TVA

1

.500

09/15/31

4,251,780‌

500,000

TVA

5

.880

04/01/36

606,725‌

500,000

TVA

5

.500

06/15/38

583,646‌

4,300,000

TVA

3

.500

12/15/42

3,947,596‌

1,750,000

TVA

4

.625

09/15/60

1,931,289‌

300,000

TVA

4

.250

09/15/65

307,010‌

TOTAL

AGENCY

SECURITIES

240,207,272‌

FOREIGN

GOVERNMENT

BONDS

-

3

.1

%

5,000,000

African

Development

Bank

0

.875

03/23/26

4,600,100‌

3,000,000

African

Development

Bank

0

.875

07/22/26

2,733,985‌

2,250,000

Asian

Development

Bank

1

.625

01/24/23

2,234,135‌

2,250,000

Asian

Development

Bank

0

.250

07/14/23

2,185,425‌

2,000,000

Asian

Development

Bank

0

.250

10/06/23

1,932,729‌

2,200,000

Asian

Development

Bank

2

.625

01/30/24

2,185,915‌

1,220,000

Asian

Development

Bank

0

.625

10/08/24

1,155,352‌

2,000,000

e

Asian

Development

Bank

1

.500

10/18/24

1,930,236‌

500,000

Asian

Development

Bank

2

.000

01/22/25

486,710‌

6,000,000

Asian

Development

Bank

0

.375

09/03/25

5,495,937‌

3,000,000

Asian

Development

Bank

0

.500

02/04/26

2,728,210‌

5,000,000

Asian

Development

Bank

1

.000

04/14/26

4,614,800‌

1,500,000

Asian

Development

Bank

2

.000

04/24/26

1,438,320‌

1,000,000

Asian

Development

Bank

2

.625

01/12/27

978,370‌

500,000

Asian

Development

Bank

2

.375

08/10/27

480,476‌

500,000

Asian

Development

Bank

2

.500

11/02/27

483,445‌

1,000,000

Asian

Development

Bank

2

.750

01/19/28

976,990‌

2,500,000

Asian

Development

Bank

1

.250

06/09/28

2,218,790‌

75,000

Asian

Development

Bank

5

.820

06/16/28

85,269‌

2,575,000

Asian

Development

Bank

3

.125

09/26/28

2,555,396‌

2,000,000

Asian

Development

Bank

1

.750

09/19/29

1,810,600‌

3,500,000

Asian

Development

Bank

1

.875

01/24/30

3,207,495‌

1,000,000

Asian

Development

Bank

0

.750

10/08/30

824,770‌

3,000,000

e

Asian

Development

Bank

1

.500

03/04/31

2,618,322‌

3,000,000

Asian

Infrastructure

Investment

Bank

0

.250

09/29/23

2,900,325‌

3,000,000

Asian

Infrastructure

Investment

Bank

0

.500

10/30/24

2,820,962‌

3,000,000

Asian

Infrastructure

Investment

Bank

0

.500

05/28/25

2,771,804‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

100

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

3,000,000

Asian

Infrastructure

Investment

Bank

0

.500

%

01/27/26

$

2,713,092‌

2,000,000

Canada

Government

International

Bond

2

.000

11/15/22

1,996,851‌

3,000,000

Canada

Government

International

Bond

1

.625

01/22/25

2,896,688‌

1,870,000

Canada

Government

International

Bond

2

.875

04/28/25

1,856,803‌

3,500,000

Canada

Government

International

Bond

0

.750

05/19/26

3,195,932‌

600,000

Chile

Government

International

Bond

2

.750

01/31/27

560,250‌

1,715,000

Chile

Government

International

Bond

3

.240

02/06/28

1,612,661‌

2,500,000

e

Chile

Government

International

Bond

2

.450

01/31/31

2,131,643‌

3,500,000

Chile

Government

International

Bond

2

.550

01/27/32

2,971,368‌

1,000,000

Chile

Government

International

Bond

2

.550

07/27/33

816,306‌

600,000

Chile

Government

International

Bond

3

.500

01/31/34

533,426‌

1,700,000

Chile

Government

International

Bond

3

.100

05/07/41

1,293,446‌

1,000,000

Chile

Government

International

Bond

4

.340

03/07/42

890,263‌

2,613,000

Chile

Government

International

Bond

3

.500

01/25/50

1,995,991‌

1,000,000

Chile

Government

International

Bond

4

.000

01/31/52

828,805‌

1,500,000

Chile

Government

International

Bond

3

.500

04/15/53

1,133,985‌

2,500,000

Chile

Government

International

Bond

3

.100

01/22/61

1,690,228‌

750,000

Chile

Government

International

Bond

3

.250

09/21/71

501,442‌

750,000

Corp

Andina

de

Fomento

2

.750

01/06/23

748,447‌

1,000,000

Corp

Andina

de

Fomento

2

.375

05/12/23

993,053‌

750,000

Corp

Andina

de

Fomento

3

.750

11/23/23

753,170‌

1,125,000

Corp

Andina

de

Fomento

1

.250

10/26/24

1,067,506‌

1,000,000

Corp

Andina

de

Fomento

1

.625

09/23/25

934,145‌

1,000,000

Council

of

Europe

Development

Bank

2

.500

02/27/24

990,806‌

1,480,000

Council

of

Europe

Development

Bank

1

.375

02/27/25

1,423,498‌

1,000,000

Council

Of

Europe

Development

Bank

0

.250

10/20/23

964,150‌

2,000,000

Council

Of

Europe

Development

Bank

0

.875

09/22/26

1,821,705‌

3,000,000

European

Bank

for

Reconstruction

&

Development

0

.250

07/10/23

2,919,811‌

2,000,000

European

Bank

for

Reconstruction

&

Development

1

.625

09/27/24

1,938,579‌

3,000,000

European

Bank

for

Reconstruction

&

Development

0

.500

11/25/25

2,740,003‌

2,000,000

European

Bank

for

Reconstruction

&

Development

0

.500

01/28/26

1,824,437‌

2,440,000

European

Investment

Bank

0

.250

09/15/23

2,358,503‌

1,500,000

European

Investment

Bank

3

.125

12/14/23

1,501,815‌

5,000,000

European

Investment

Bank

3

.250

01/29/24

5,016,000‌

1,500,000

European

Investment

Bank

2

.625

03/15/24

1,489,335‌

4,000,000

European

Investment

Bank

2

.250

06/24/24

3,940,737‌

5,000,000

European

Investment

Bank

0

.375

07/24/24

4,733,650‌

1,500,000

e

European

Investment

Bank

2

.500

10/15/24

1,481,730‌

3,250,000

European

Investment

Bank

1

.625

03/14/25

3,126,990‌

3,500,000

European

Investment

Bank

0

.625

07/25/25

3,247,930‌

3,000,000

e

European

Investment

Bank

0

.375

12/15/25

2,733,134‌

3,500,000

European

Investment

Bank

0

.375

03/26/26

3,159,205‌

2,760,000

European

Investment

Bank

0

.750

10/26/26

2,496,172‌

400,000

European

Investment

Bank

2

.375

05/24/27

386,036‌

250,000

European

Investment

Bank

0

.625

10/21/27

219,210‌

550,000

European

Investment

Bank

1

.625

10/09/29

497,208‌

1,000,000

European

Investment

Bank

0

.875

05/17/30

843,696‌

2,000,000

European

Investment

Bank

0

.750

09/23/30

1,658,860‌

2,500,000

e

European

Investment

Bank

1

.250

02/14/31

2,142,682‌

1,705,000

European

Investment

Bank

4

.875

02/15/36

1,989,907‌

1,300,000

Export

Development

Canada

2

.625

02/21/24

1,293,976‌

3,250,000

Export-Import

Bank

of

Korea

3

.000

11/01/22

3,250,065‌

1,375,000

Export-Import

Bank

of

Korea

3

.625

11/27/23

1,379,695‌

500,000

Export-Import

Bank

of

Korea

4

.000

01/14/24

505,228‌

750,000

Export-Import

Bank

of

Korea

2

.875

01/21/25

736,894‌

750,000

Export-Import

Bank

of

Korea

1

.875

02/12/25

719,546‌

1,000,000

Export-Import

Bank

of

Korea

0

.750

09/21/25

915,155‌

250,000

Export-Import

Bank

of

Korea

3

.250

11/10/25

247,099‌

1,000,000

Export-Import

Bank

of

Korea

0

.625

02/09/26

902,224‌

500,000

Export-Import

Bank

of

Korea

2

.625

05/26/26

482,319‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

101

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

500,000

Export-Import

Bank

of

Korea

3

.250

%

08/12/26

$

492,987‌

750,000

Export-Import

Bank

of

Korea

1

.125

12/29/26

673,934‌

1,000,000

Export-Import

Bank

of

Korea

1

.625

01/18/27

916,894‌

500,000

Export-Import

Bank

of

Korea

2

.375

04/21/27

472,086‌

1,000,000

Export-Import

Bank

of

Korea

1

.250

09/21/30

823,787‌

1,000,000

Export-Import

Bank

of

Korea

1

.375

02/09/31

824,407‌

1,000,000

e

Export-Import

Bank

of

Korea

2

.125

01/18/32

859,809‌

1,000,000

Export-Import

Bank

of

Korea

2

.500

06/29/41

796,680‌

100,000

Finland

Government

International

Bond

6

.950

02/15/26

111,519‌

2,175,000

FMS

Wertmanagement

AoeR

2

.750

01/30/24

2,165,608‌

1,250,000

Hungary

Government

International

Bond

7

.625

03/29/41

1,436,798‌

200,000

Hydro

Quebec

8

.500

12/01/29

260,354‌

750,000

Indonesia

Government

International

Bond

2

.950

01/11/23

749,941‌

750,000

Indonesia

Government

International

Bond

3

.500

01/11/28

712,722‌

900,000

Indonesia

Government

International

Bond

4

.750

02/11/29

903,938‌

1,250,000

Indonesia

Government

International

Bond

3

.400

09/18/29

1,154,307‌

1,000,000

Indonesia

Government

International

Bond

2

.850

02/14/30

888,773‌

675,000

Indonesia

Government

International

Bond

3

.850

10/15/30

640,507‌

1,500,000

Indonesia

Government

International

Bond

1

.850

03/12/31

1,211,277‌

1,500,000

Indonesia

Government

International

Bond

2

.150

07/28/31

1,226,363‌

300,000

Indonesia

Government

International

Bond

3

.550

03/31/32

272,962‌

875,000

Indonesia

Government

International

Bond

4

.350

01/11/48

772,327‌

1,125,000

e

Indonesia

Government

International

Bond

5

.350

02/11/49

1,097,288‌

1,000,000

Indonesia

Government

International

Bond

3

.700

10/30/49

795,329‌

1,000,000

Indonesia

Government

International

Bond

3

.500

02/14/50

782,830‌

2,000,000

Indonesia

Government

International

Bond

4

.200

10/15/50

1,694,573‌

2,000,000

e

Indonesia

Government

International

Bond

3

.050

03/12/51

1,494,611‌

485,000

Indonesia

Government

International

Bond

4

.300

03/31/52

421,657‌

1,000,000

e

Indonesia

Government

International

Bond

3

.200

09/23/61

705,181‌

500,000

Indonesia

Government

International

Bond

4

.450

04/15/70

432,056‌

1,750,000

Indonesia

Government

International

Bond

3

.350

03/12/71

1,208,305‌

3,000,000

Inter-American

Development

Bank

2

.500

01/18/23

2,997,630‌

1,500,000

Inter-American

Development

Bank

0

.250

11/15/23

1,447,207‌

1,500,000

Inter-American

Development

Bank

2

.625

01/16/24

1,489,830‌

500,000

Inter-American

Development

Bank

2

.125

01/15/25

487,902‌

5,000,000

Inter-American

Development

Bank

1

.750

03/14/25

4,824,800‌

10,000,000

Inter-American

Development

Bank

0

.625

07/15/25

9,260,780‌

4,000,000

Inter-American

Development

Bank

0

.875

04/20/26

3,673,520‌

1,500,000

Inter-American

Development

Bank

2

.000

06/02/26

1,434,975‌

1,500,000

Inter-American

Development

Bank

2

.000

07/23/26

1,433,970‌

1,000,000

Inter-American

Development

Bank

2

.375

07/07/27

960,855‌

2,000,000

Inter-American

Development

Bank

0

.625

09/16/27

1,755,732‌

4,000,000

Inter-American

Development

Bank

1

.125

07/20/28

3,542,680‌

2,000,000

Inter-American

Development

Bank

3

.125

09/18/28

1,986,155‌

3,000,000

Inter-American

Development

Bank

2

.250

06/18/29

2,819,188‌

3,000,000

Inter-American

Development

Bank

1

.125

01/13/31

2,536,840‌

1,450,000

Inter-American

Development

Bank

3

.200

08/07/42

1,316,057‌

300,000

Inter-American

Development

Bank

4

.375

01/24/44

330,977‌

2,000,000

Inter-American

Investment

Corp

2

.625

04/22/25

1,966,953‌

5,400,000

International

Bank

for

Reconstruction

&

Development

7

.625

01/19/23

5,537,656‌

3,000,000

e

International

Bank

for

Reconstruction

&

Development

1

.875

06/19/23

2,969,869‌

1,500,000

International

Bank

for

Reconstruction

&

Development

0

.250

11/24/23

1,445,741‌

5,575,000

International

Bank

for

Reconstruction

&

Development

2

.500

03/19/24

5,526,775‌

2,000,000

International

Bank

for

Reconstruction

&

Development

1

.500

08/28/24

1,936,033‌

1,600,000

International

Bank

for

Reconstruction

&

Development

2

.500

11/25/24

1,578,579‌

5,000,000

International

Bank

for

Reconstruction

&

Development

1

.625

01/15/25

4,826,391‌

6,000,000

International

Bank

for

Reconstruction

&

Development

0

.375

07/28/25

5,517,982‌

4,500,000

International

Bank

for

Reconstruction

&

Development

2

.500

07/29/25

4,413,505‌

5,500,000

International

Bank

for

Reconstruction

&

Development

0

.500

10/28/25

5,043,305‌

500,000

International

Bank

for

Reconstruction

&

Development

3

.125

11/20/25

500,052‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

102

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

7,000,000

International

Bank

for

Reconstruction

&

Development

0

.875

%

07/15/26

$

6,402,378‌

2,000,000

International

Bank

for

Reconstruction

&

Development

0

.750

11/24/27

1,758,893‌

2,000,000

International

Bank

for

Reconstruction

&

Development

1

.750

10/23/29

1,810,480‌

5,000,000

International

Bank

for

Reconstruction

&

Development

0

.875

05/14/30

4,194,019‌

3,000,000

International

Bank

for

Reconstruction

&

Development

0

.750

08/26/30

2,477,163‌

5,000,000

International

Bank

for

Reconstruction

&

Development

1

.250

02/10/31

4,272,815‌

5,000,000

International

Bank

for

Reconstruction

&

Development

1

.625

11/03/31

4,373,423‌

834,000

International

Bank

for

Reconstruction

&

Development

4

.750

02/15/35

947,894‌

1,300,000

International

Finance

Corp

2

.875

07/31/23

1,299,834‌

2,500,000

International

Finance

Corp

0

.375

07/16/25

2,305,175‌

5,000,000

International

Finance

Corp

0

.750

08/27/30

4,170,682‌

300,000

Israel

Government

International

Bond

3

.150

06/30/23

298,492‌

1,000,000

Israel

Government

International

Bond

2

.875

03/16/26

974,081‌

975,000

Israel

Government

International

Bond

3

.250

01/17/28

951,655‌

600,000

Israel

Government

International

Bond

2

.750

07/03/30

557,337‌

1,500,000

Israel

Government

International

Bond

4

.500

01/30/43

1,468,436‌

200,000

Israel

Government

International

Bond

4

.125

01/17/48

184,683‌

1,800,000

Israel

Government

International

Bond

3

.875

07/03/50

1,582,234‌

300,000

Israel

Government

International

Bond

4

.500

04/03/20

272,411‌

300,000

Japan

Bank

for

International

Cooperation

2

.375

11/16/22

299,748‌

900,000

Japan

Bank

for

International

Cooperation

0

.625

05/22/23

881,825‌

1,050,000

Japan

Bank

for

International

Cooperation

3

.375

07/31/23

1,053,786‌

1,000,000

Japan

Bank

for

International

Cooperation

0

.375

09/15/23

968,252‌

4,250,000

Japan

Bank

for

International

Cooperation

3

.375

10/31/23

4,271,177‌

2,300,000

Japan

Bank

for

International

Cooperation

2

.500

05/23/24

2,268,000‌

720,000

Japan

Bank

for

International

Cooperation

1

.750

10/17/24

697,321‌

500,000

Japan

Bank

for

International

Cooperation

2

.125

02/10/25

486,207‌

1,200,000

Japan

Bank

for

International

Cooperation

2

.875

04/14/25

1,187,231‌

3,000,000

Japan

Bank

for

International

Cooperation

0

.625

07/15/25

2,772,496‌

5,750,000

Japan

Bank

for

International

Cooperation

2

.750

01/21/26

5,637,273‌

400,000

Japan

Bank

for

International

Cooperation

2

.375

04/20/26

386,390‌

1,500,000

Japan

Bank

for

International

Cooperation

1

.875

07/21/26

1,416,894‌

1,000,000

Japan

Bank

for

International

Cooperation

2

.875

06/01/27

976,210‌

750,000

Japan

Bank

for

International

Cooperation

2

.875

07/21/27

731,160‌

300,000

Japan

Bank

for

International

Cooperation

2

.750

11/16/27

289,576‌

750,000

Japan

Bank

for

International

Cooperation

3

.500

10/31/28

754,118‌

2,000,000

Japan

Bank

for

International

Cooperation

2

.125

02/16/29

1,841,920‌

1,000,000

Japan

Bank

for

International

Cooperation

2

.000

10/17/29

910,358‌

1,500,000

Japan

Bank

for

International

Cooperation

1

.250

01/21/31

1,262,604‌

3,000,000

Japan

Bank

for

International

Cooperation

1

.875

04/15/31

2,655,319‌

350,000

Japan

International

Cooperation

Agency

2

.125

10/20/26

332,822‌

1,900,000

Japan

International

Cooperation

Agency

3

.250

05/25/27

1,875,262‌

700,000

Japan

International

Cooperation

Agency

3

.375

06/12/28

695,814‌

2,000,000

Japan

International

Cooperation

Agency

1

.000

07/22/30

1,630,478‌

1,500,000

Japan

International

Cooperation

Agency

1

.750

04/28/31

1,295,361‌

500,000

Korea

Development

Bank

2

.750

03/19/23

498,715‌

950,000

Korea

Development

Bank

0

.500

10/27/23

915,961‌

500,000

Korea

Development

Bank

3

.750

01/22/24

503,230‌

700,000

Korea

Development

Bank

3

.250

02/19/24

699,314‌

500,000

Korea

Development

Bank

0

.400

06/19/24

472,745‌

1,000,000

Korea

Development

Bank

2

.125

10/01/24

973,150‌

750,000

Korea

Development

Bank

1

.750

02/18/25

717,420‌

200,000

Korea

Development

Bank

3

.375

09/16/25

199,090‌

400,000

Korea

Development

Bank

3

.000

01/13/26

393,364‌

1,000,000

Korea

Development

Bank

0

.800

04/27/26

904,560‌

1,000,000

Korea

Development

Bank

0

.800

07/19/26

898,200‌

1,000,000

Korea

Development

Bank

1

.000

09/09/26

901,570‌

250,000

Korea

Development

Bank

2

.000

09/12/26

234,987‌

1,000,000

Korea

Development

Bank

2

.250

02/24/27

941,685‌

1,000,000

Korea

Development

Bank

1

.625

01/19/31

847,917‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

103

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

500,000

Korea

Government

International

Bond

3

.875

%

09/11/23

$

504,560‌

1,500,000

Korea

Government

International

Bond

2

.750

01/19/27

1,450,830‌

1,400,000

Korea

Government

International

Bond

4

.125

06/10/44

1,455,123‌

500,000

Korea

Government

International

Bond

3

.875

09/20/48

499,801‌

3,000,000

Kreditanstalt

fuer

Wiederaufbau

0

.250

10/19/23

2,897,159‌

3,000,000

Kreditanstalt

fuer

Wiederaufbau

2

.625

02/28/24

2,979,641‌

6,100,000

Kreditanstalt

fuer

Wiederaufbau

0

.250

03/08/24

5,819,369‌

5,000,000

Kreditanstalt

fuer

Wiederaufbau

0

.500

09/20/24

4,728,350‌

2,000,000

Kreditanstalt

fuer

Wiederaufbau

2

.500

11/20/24

1,973,460‌

7,000,000

Kreditanstalt

fuer

Wiederaufbau

2

.000

05/02/25

6,785,808‌

4,500,000

Kreditanstalt

fuer

Wiederaufbau

0

.625

01/22/26

4,126,954‌

3,219,000

Kreditanstalt

fuer

Wiederaufbau

1

.000

10/01/26

2,948,490‌

7,750,000

Kreditanstalt

fuer

Wiederaufbau

2

.875

04/03/28

7,628,092‌

1,000,000

Kreditanstalt

fuer

Wiederaufbau

1

.750

09/14/29

909,721‌

5,000,000

Kreditanstalt

fuer

Wiederaufbau

0

.750

09/30/30

4,133,883‌

2,300,000

Landwirtschaftliche

Rentenbank

3

.125

11/14/23

2,304,662‌

500,000

Landwirtschaftliche

Rentenbank

2

.000

01/13/25

486,755‌

2,000,000

Landwirtschaftliche

Rentenbank

0

.500

05/27/25

1,856,601‌

750,000

Landwirtschaftliche

Rentenbank

2

.375

06/10/25

734,705‌

1,000,000

Landwirtschaftliche

Rentenbank

1

.750

07/27/26

947,503‌

125,000

e

Landwirtschaftliche

Rentenbank

2

.500

11/15/27

121,001‌

4,000,000

Landwirtschaftliche

Rentenbank

0

.875

09/03/30

3,340,018‌

18,964,000

Mexico

Government

International

Bond

2

.659

05/24/31

15,606,962‌

2,000,000

Mexico

Government

International

Bond

3

.500

02/12/34

1,651,978‌

14,053,000

Mexico

Government

International

Bond

4

.280

08/14/41

11,106,574‌

1,000,000

Mexico

Government

International

Bond

5

.000

04/27/51

830,096‌

10,934,000

Mexico

Government

International

Bond

4

.400

02/12/52

8,217,256‌

5,936,000

Mexico

Government

International

Bond

3

.771

05/24/61

3,844,227‌

3,000,000

Mexico

Government

International

Bond

3

.750

04/19/71

1,870,727‌

950,000

Mexico

Government

International

Bond

5

.750

10/12/10

796,777‌

500,000

Nordic

Investment

Bank

2

.875

07/19/23

498,770‌

2,000,000

Nordic

Investment

Bank

0

.375

09/11/25

1,831,620‌

1,500,000

Nordic

Investment

Bank

0

.500

01/21/26

1,367,963‌

606,000

North

American

Development

Bank

2

.400

10/26/22

604,774‌

850,000

Panama

Government

International

Bond

4

.000

09/22/24

847,288‌

1,000,000

Panama

Government

International

Bond

3

.750

03/16/25

987,221‌

300,000

Panama

Government

International

Bond

7

.125

01/29/26

325,800‌

2,000,000

Panama

Government

International

Bond

3

.875

03/17/28

1,904,083‌

1,450,000

Panama

Government

International

Bond

3

.160

01/23/30

1,287,542‌

2,500,000

Panama

Government

International

Bond

2

.252

09/29/32

1,947,581‌

2,500,000

e

Panama

Government

International

Bond

3

.298

01/19/33

2,137,334‌

692,000

Panama

Government

International

Bond

6

.700

01/26/36

747,057‌

750,000

Panama

Government

International

Bond

4

.500

05/15/47

615,912‌

2,250,000

Panama

Government

International

Bond

4

.500

04/16/50

1,830,917‌

1,450,000

Panama

Government

International

Bond

4

.300

04/29/53

1,137,022‌

1,500,000

Panama

Government

International

Bond

4

.500

04/01/56

1,188,539‌

3,500,000

Panama

Government

International

Bond

3

.870

07/23/60

2,471,292‌

1,250,000

Panama

Government

International

Bond

4

.500

01/19/63

960,360‌

400,000

Peruvian

Government

International

Bond

2

.392

01/23/26

371,493‌

5,000,000

Peruvian

Government

International

Bond

2

.844

06/20/30

4,349,401‌

2,500,000

Peruvian

Government

International

Bond

2

.783

01/23/31

2,125,373‌

1,500,000

Peruvian

Government

International

Bond

1

.862

12/01/32

1,137,162‌

990,000

Peruvian

Government

International

Bond

3

.000

01/15/34

812,102‌

1,100,000

Peruvian

Government

International

Bond

6

.550

03/14/37

1,191,081‌

1,000,000

Peruvian

Government

International

Bond

3

.300

03/11/41

756,315‌

1,850,000

Peruvian

Government

International

Bond

5

.625

11/18/50

1,914,393‌

2,000,000

e

Peruvian

Government

International

Bond

3

.550

03/10/51

1,492,354‌

1,500,000

Peruvian

Government

International

Bond

2

.780

12/01/60

925,636‌

1,500,000

Peruvian

Government

International

Bond

3

.600

01/15/72

1,012,591‌

1,000,000

Peruvian

Government

International

Bond

3

.230

07/28/21

612,259‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

104

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

225,000

Philippine

Government

International

Bond

4

.200

%

01/21/24

$

226,364‌

1,000,000

Philippine

Government

International

Bond

3

.229

03/29/27

969,167‌

2,219,000

Philippine

Government

International

Bond

3

.000

02/01/28

2,085,280‌

3,375,000

Philippine

Government

International

Bond

3

.750

01/14/29

3,255,345‌

1,500,000

Philippine

Government

International

Bond

2

.457

05/05/30

1,303,076‌

2,000,000

Philippine

Government

International

Bond

1

.648

06/10/31

1,597,232‌

2,000,000

Philippine

Government

International

Bond

1

.950

01/06/32

1,623,099‌

1,000,000

Philippine

Government

International

Bond

3

.556

09/29/32

925,308‌

4,083,000

Philippine

Government

International

Bond

3

.950

01/20/40

3,545,195‌

300,000

Philippine

Government

International

Bond

3

.700

03/01/41

249,442‌

3,793,000

Philippine

Government

International

Bond

3

.700

02/02/42

3,138,614‌

1,500,000

Philippine

Government

International

Bond

2

.950

05/05/45

1,067,135‌

1,500,000

Philippine

Government

International

Bond

2

.650

12/10/45

1,034,592‌

1,500,000

Philippine

Government

International

Bond

3

.200

07/06/46

1,112,596‌

325,000

k

Philippine

Government

International

Bond

4

.200

03/29/47

283,337‌

1,000,000

Poland

Government

International

Bond

4

.000

01/22/24

998,566‌

2,725,000

Poland

Government

International

Bond

3

.250

04/06/26

2,641,908‌

750,000

Province

of

Alberta

Canada

3

.350

11/01/23

752,782‌

775,000

Province

of

Alberta

Canada

2

.950

01/23/24

772,636‌

1,500,000

Province

of

Alberta

Canada

1

.875

11/13/24

1,456,425‌

1,000,000

Province

of

Alberta

Canada

1

.000

05/20/25

939,920‌

925,000

Province

of

Alberta

Canada

3

.300

03/15/28

918,978‌

2,000,000

e

Province

of

Alberta

Canada

1

.300

07/22/30

1,692,565‌

2,000,000

Province

of

British

Columbia

Canada

1

.750

09/27/24

1,940,749‌

850,000

Province

of

British

Columbia

Canada

2

.250

06/02/26

818,065‌

1,500,000

Province

of

British

Columbia

Canada

0

.900

07/20/26

1,368,124‌

1,500,000

Province

of

British

Columbia

Canada

1

.300

01/29/31

1,263,095‌

1,000,000

Province

of

Manitoba

Canada

2

.600

04/16/24

991,660‌

1,300,000

Province

of

Manitoba

Canada

3

.050

05/14/24

1,296,321‌

500,000

Province

of

Manitoba

Canada

2

.125

06/22/26

476,993‌

1,500,000

Province

of

Manitoba

Canada

1

.500

10/25/28

1,336,856‌

500,000

Province

of

New

Brunswick

Canada

3

.625

02/24/28

505,130‌

200,000

Province

of

Nova

Scotia

Canada

8

.250

07/30/22

200,766‌

500,000

Province

of

Ontario

Canada

3

.400

10/17/23

501,738‌

1,000,000

Province

of

Ontario

Canada

3

.050

01/29/24

998,853‌

1,500,000

Province

of

Ontario

Canada

3

.200

05/16/24

1,500,780‌

2,000,000

e

Province

of

Ontario

Canada

0

.625

01/21/26

1,821,312‌

1,500,000

Province

of

Ontario

Canada

1

.050

04/14/26

1,377,669‌

1,000,000

Province

of

Ontario

Canada

2

.500

04/27/26

970,237‌

1,000,000

Province

of

Ontario

Canada

2

.300

06/15/26

961,173‌

1,000,000

Province

of

Ontario

Canada

3

.100

05/19/27

983,972‌

1,000,000

e

Province

of

Ontario

Canada

1

.050

05/21/27

895,760‌

2,000,000

e

Province

of

Ontario

Canada

2

.000

10/02/29

1,810,178‌

1,000,000

Province

of

Ontario

Canada

1

.125

10/07/30

831,460‌

3,000,000

Province

of

Ontario

Canada

1

.600

02/25/31

2,580,967‌

1,500,000

Province

of

Ontario

Canada

1

.800

10/14/31

1,295,244‌

3,000,000

Province

of

Ontario

Canada

2

.125

01/21/32

2,645,405‌

200,000

Province

of

Quebec

Canada

7

.125

02/09/24

211,822‌

875,000

Province

of

Quebec

Canada

2

.500

04/09/24

864,192‌

500,000

Province

of

Quebec

Canada

2

.875

10/16/24

497,375‌

2,500,000

Province

of

Quebec

Canada

1

.500

02/11/25

2,395,566‌

2,000,000

e

Province

of

Quebec

Canada

0

.600

07/23/25

1,849,820‌

3,500,000

Province

of

Quebec

Canada

2

.500

04/20/26

3,398,521‌

500,000

Province

of

Quebec

Canada

2

.750

04/12/27

488,081‌

201,000

Province

of

Quebec

Canada

7

.500

09/15/29

250,215‌

1,500,000

Province

of

Quebec

Canada

1

.350

05/28/30

1,272,979‌

3,000,000

Province

of

Quebec

Canada

1

.900

04/21/31

2,640,511‌

200,000

Province

of

Saskatchewan

Canada

8

.500

07/15/22

200,343‌

1,000,000

Province

of

Saskatchewan

Canada

3

.250

06/08/27

994,502‌

1,600,000

Republic

of

Italy

Government

International

Bond

6

.875

09/27/23

1,659,908‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

105

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

3,000,000

Republic

of

Italy

Government

International

Bond

0

.875

%

05/06/24

$

2,835,201‌

2,000,000

Republic

of

Italy

Government

International

Bond

2

.375

10/17/24

1,934,088‌

3,000,000

Republic

of

Italy

Government

International

Bond

1

.250

02/17/26

2,676,287‌

1,500,000

Republic

of

Italy

Government

International

Bond

2

.875

10/17/29

1,316,971‌

1,599,000

Republic

of

Italy

Government

International

Bond

5

.375

06/15/33

1,651,562‌

2,000,000

Republic

of

Italy

Government

International

Bond

4

.000

10/17/49

1,653,863‌

3,000,000

Republic

of

Italy

Government

International

Bond

3

.875

05/06/51

2,359,680‌

2,000,000

State

of

Israel

2

.500

01/15/30

1,832,267‌

2,050,000

State

of

Israel

3

.375

01/15/50

1,655,017‌

4,000,000

Svensk

Exportkredit

AB

0

.500

11/10/23

3,867,767‌

870,000

Svensk

Exportkredit

AB

1

.750

12/12/23

854,209‌

2,000,000

Svensk

Exportkredit

AB

0

.375

07/30/24

1,889,683‌

1,000,000

Svensk

Exportkredit

AB

0

.625

05/14/25

930,205‌

3,000,000

Svensk

Exportkredit

AB

0

.500

08/26/25

2,767,289‌

7,374,716

Uruguay

Government

International

Bond

4

.375

01/23/31

7,450,765‌

500,000

Uruguay

Government

International

Bond

4

.125

11/20/45

459,551‌

2,063,907

Uruguay

Government

International

Bond

5

.100

06/18/50

2,072,266‌

2,425,000

Uruguay

Government

International

Bond

4

.975

04/20/55

2,393,211‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

620,425,807‌

MORTGAGE

BACKED

-

27

.7

%

5,335

i

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

DGS1

+

2.250%

3

.053

04/01/35

5,353‌

2,076

i

FHLMC

DGS1

+

2.125%

2

.198

10/01/35

2,056‌

15,275

i

FHLMC

DGS1

+

2.255%

2

.380

02/01/36

15,581‌

5,635

i

FHLMC

LIBOR

12

M

+

1.826%

2

.933

07/01/36

5,837‌

21,221

i

FHLMC

LIBOR

6

M

+

1.595%

2

.058

09/01/36

20,971‌

15,702

i

FHLMC

LIBOR

6

M

+

1.755%

2

.183

09/01/36

16,153‌

19,374

i

FHLMC

DGS1

+

2.248%

2

.361

09/01/36

19,336‌

10,114

i

FHLMC

DGS1

+

2.250%

2

.368

01/01/37

10,432‌

1,394

i

FHLMC

LIBOR

12

M

+

1.765%

2

.227

02/01/37

1,388‌

997

i

FHLMC

DGS1

+

2.250%

2

.364

02/01/37

1,028‌

78,276

i

FHLMC

LIBOR

12

M

+

1.798%

2

.228

03/01/37

79,936‌

9,816,127

FHLMC

1

.500

04/01/37

8,935,772‌

63,565

i

FHLMC

DGS1

+

2.250%

2

.420

04/01/37

65,404‌

19,149

i

FHLMC

LIBOR

12

M

+

1.616%

2

.968

04/01/37

19,161‌

14,807,043

FHLMC

2

.000

05/01/37

13,835,984‌

5,646

i

FHLMC

LIBOR

12

M

+

2.155%

3

.165

05/01/37

5,630‌

1,358

i

FHLMC

LIBOR

12

M

+

1.750%

2

.000

06/01/37

1,356‌

14,575

i

FHLMC

DGS1

+

2.247%

2

.566

06/01/37

14,403‌

27,496

i

FHLMC

LIBOR

6

M

+

1.270%

1

.520

08/01/37

27,498‌

23,613

i

FHLMC

LIBOR

12

M

+

0.905%

1

.155

09/01/37

23,500‌

2,705

i

FHLMC

LIBOR

6

M

+

1.520%

1

.932

09/01/37

2,687‌

194

i

FHLMC

LIBOR

12

M

+

1.795%

2

.045

09/01/37

192‌

20,545

i

FHLMC

LIBOR

12

M

+

2.055%

3

.430

04/01/38

21,227‌

5,305

i

FHLMC

LIBOR

12

M

+

2.004%

3

.229

06/01/38

5,296‌

2,999

i

FHLMC

LIBOR

12

M

+

1.625%

1

.875

07/01/38

3,085‌

5,089

i

FHLMC

LIBOR

12

M

+

1.861%

2

.670

06/01/40

5,047‌

4,125

i

FHLMC

LIBOR

12

M

+

1.880%

2

.130

07/01/40

4,089‌

7,052

i

FHLMC

LIBOR

12

M

+

1.887%

2

.217

01/01/41

7,052‌

2,948

i

FHLMC

LIBOR

12

M

+

1.880%

3

.255

05/01/41

2,944‌

83,609

i

FHLMC

LIBOR

12

M

+

1.858%

2

.331

08/01/41

83,257‌

49,606

i

FHLMC

LIBOR

12

M

+

1.750%

2

.000

09/01/41

50,586‌

12,749

i

FHLMC

LIBOR

12

M

+

1.860%

2

.110

10/01/41

13,077‌

13,250,914

FHLMC

3

.000

11/01/49

12,481,675‌

14,334,241

FHLMC

3

.000

11/01/49

13,481,363‌

27,225,395

FHLMC

3

.000

02/01/50

25,709,152‌

19,360,108

FHLMC

3

.500

04/01/50

18,812,351‌

9,698,483

FHLMC

3

.500

07/01/50

9,407,454‌

18

Federal

Home

Loan

Mortgage

Corp

Gold

(FGLMC)

5

.000

10/01/22

19‌

29

FGLMC

6

.000

11/01/22

29‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

106

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

2,699

FGLMC

5

.000

%

04/01/23

$

2,772‌

171

FGLMC

4

.500

05/01/23

175‌

3,060

FGLMC

5

.000

05/01/23

3,129‌

899

FGLMC

5

.000

10/01/23

924‌

557

FGLMC

5

.500

10/01/23

579‌

1,248

FGLMC

5

.000

11/01/23

1,277‌

2,647

FGLMC

5

.000

03/01/24

2,706‌

542

FGLMC

4

.500

04/01/24

554‌

273

FGLMC

4

.500

05/01/24

279‌

1,985

FGLMC

4

.500

06/01/24

2,031‌

18,594

FGLMC

4

.000

07/01/24

18,810‌

9,150

FGLMC

4

.000

07/01/24

9,257‌

1,197

FGLMC

5

.500

07/01/24

1,204‌

15,402

FGLMC

4

.000

08/01/24

15,581‌

3,141

FGLMC

4

.500

09/01/24

3,214‌

1,664

FGLMC

4

.500

09/01/24

1,703‌

977

FGLMC

4

.500

09/01/24

1,000‌

1,126

FGLMC

5

.500

09/01/24

1,170‌

24,840

FGLMC

4

.000

10/01/24

25,129‌

705

FGLMC

4

.500

10/01/24

721‌

3,454

FGLMC

4

.500

10/01/24

3,474‌

706

FGLMC

4

.500

11/01/24

723‌

4,803

FGLMC

4

.500

12/01/24

4,915‌

1,112

FGLMC

4

.500

02/01/25

1,138‌

37,186

FGLMC

4

.000

03/01/25

37,619‌

1,100

FGLMC

4

.500

06/01/25

1,126‌

2,556

FGLMC

4

.500

07/01/25

2,615‌

58,753

FGLMC

3

.500

10/01/25

58,568‌

21,858

FGLMC

4

.000

10/01/25

22,113‌

97,848

FGLMC

3

.500

11/01/25

97,621‌

56,806

FGLMC

3

.500

11/01/25

56,654‌

26,884

FGLMC

3

.500

12/01/25

26,872‌

14,646

FGLMC

3

.000

01/01/26

14,453‌

216,009

FGLMC

3

.500

01/01/26

215,524‌

16,597

FGLMC

4

.000

04/01/26

16,823‌

38,100

FGLMC

4

.000

05/01/26

38,604‌

9,392

FGLMC

5

.500

07/01/26

9,764‌

86,036

FGLMC

4

.000

08/01/26

87,037‌

893

FGLMC

6

.000

08/01/26

939‌

37,338

FGLMC

3

.000

09/01/26

37,249‌

115,360

FGLMC

3

.000

10/01/26

115,087‌

164,966

FGLMC

3

.500

10/01/26

164,893‌

3,603

FGLMC

5

.000

10/01/26

3,685‌

1,323

FGLMC

5

.500

10/01/26

1,375‌

656,706

FGLMC

3

.000

02/01/27

655,150‌

441,970

FGLMC

2

.500

05/01/27

436,124‌

497,450

FGLMC

2

.500

11/01/27

490,862‌

20,775

FGLMC

6

.000

12/01/27

21,854‌

391,576

FGLMC

2

.500

01/01/28

386,386‌

1,002,568

FGLMC

2

.500

03/01/28

989,274‌

30,131

FGLMC

5

.000

03/01/28

30,810‌

578,052

FGLMC

2

.500

05/01/28

570,385‌

3,204

FGLMC

5

.500

05/01/28

3,337‌

1,774,197

FGLMC

2

.500

07/01/28

1,750,658‌

1,403,204

FGLMC

2

.500

07/01/28

1,384,572‌

370,911

FGLMC

3

.000

10/01/28

370,028‌

20,982

FGLMC

5

.500

01/01/29

21,819‌

817

FGLMC

6

.500

01/01/29

858‌

2,353

FGLMC

4

.000

02/01/29

2,394‌

815,587

FGLMC

3

.500

03/01/29

817,222‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

107

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

216

FGLMC

6

.500

%

03/01/29

$

228‌

1,461,574

FGLMC

3

.000

07/01/29

1,458,090‌

6,381

FGLMC

5

.000

12/01/29

6,588‌

4,166,518

FGLMC

2

.500

05/01/30

4,090,526‌

10,212

FGLMC

4

.000

08/01/30

10,393‌

80,738

FGLMC

4

.500

01/01/31

81,510‌

122

FGLMC

8

.000

01/01/31

123‌

72,075

FGLMC

4

.000

03/01/31

73,357‌

9,866

FGLMC

4

.000

05/01/31

10,041‌

68,684

FGLMC

4

.500

05/01/31

69,934‌

37,886

FGLMC

4

.000

06/01/31

38,560‌

79,290

FGLMC

4

.000

08/01/31

80,700‌

91,242

FGLMC

4

.000

09/01/31

92,865‌

1,455

FGLMC

6

.500

09/01/31

1,555‌

3,559

FGLMC

8

.000

09/01/31

3,773‌

45,232

FGLMC

3

.500

11/01/31

45,275‌

6,777,721

FGLMC

2

.500

12/01/31

6,653,864‌

33,175

FGLMC

7

.000

12/01/31

35,104‌

7,193

FGLMC

6

.500

01/01/32

7,749‌

17,138

FGLMC

6

.000

02/01/32

18,709‌

777,267

FGLMC

3

.000

03/01/32

765,036‌

7,175

FGLMC

7

.000

04/01/32

7,735‌

6,784

FGLMC

6

.500

05/01/32

7,124‌

526,596

FGLMC

3

.500

09/01/32

527,097‌

3,823

FGLMC

5

.500

11/01/32

4,079‌

6,270,339

FGLMC

3

.000

01/01/33

6,220,594‌

5,630

FGLMC

6

.000

02/01/33

6,051‌

20,395

FGLMC

5

.000

03/01/33

21,446‌

16,082

FGLMC

6

.000

03/01/33

16,932‌

4,717

FGLMC

6

.000

03/01/33

4,964‌

14,361

FGLMC

5

.000

04/01/33

14,742‌

2,662

FGLMC

6

.000

04/01/33

2,906‌

117,917

FGLMC

5

.000

06/01/33

120,713‌

50,816

FGLMC

5

.500

06/01/33

54,444‌

24,181,451

FGLMC

2

.500

07/01/33

23,739,248‌

1,058,072

FGLMC

3

.500

07/01/33

1,059,080‌

20,645

FGLMC

4

.500

07/01/33

21,249‌

1,727,912

FGLMC

4

.000

08/01/33

1,755,090‌

1,805

FGLMC

5

.000

08/01/33

1,895‌

7,315

FGLMC

6

.500

08/01/33

7,744‌

66,097

FGLMC

5

.000

09/01/33

69,364‌

11,578

FGLMC

5

.500

09/01/33

12,131‌

26,279

FGLMC

5

.500

09/01/33

27,405‌

22,733

FGLMC

5

.500

09/01/33

23,696‌

52,301

FGLMC

5

.500

09/01/33

55,385‌

17,659

FGLMC

4

.000

10/01/33

17,762‌

4,122

FGLMC

5

.000

10/01/33

4,339‌

51,046

FGLMC

5

.500

10/01/33

54,056‌

2,727,065

FGLMC

3

.500

11/01/33

2,728,396‌

34,952

FGLMC

5

.500

12/01/33

37,404‌

11,695

FGLMC

5

.500

12/01/33

12,545‌

150,173

FGLMC

7

.000

12/01/33

161,685‌

105,364

FGLMC

5

.000

01/01/34

110,838‌

667,835

FGLMC

3

.000

02/01/34

660,489‌

2,557

FGLMC

5

.500

02/01/34

2,742‌

14,154

FGLMC

5

.000

03/01/34

14,897‌

15,412

FGLMC

5

.500

03/01/34

16,528‌

54,112

FGLMC

5

.000

05/01/34

56,972‌

15,993

FGLMC

4

.500

06/01/34

16,463‌

36,059

FGLMC

5

.000

06/01/34

37,854‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

108

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

13,589

FGLMC

5

.500

%

06/01/34

$

14,573‌

5,702

FGLMC

6

.000

06/01/34

6,131‌

23,742

FGLMC

6

.000

09/01/34

25,936‌

1,712,819

FGLMC

3

.500

10/01/34

1,714,449‌

3,627

FGLMC

5

.000

11/01/34

3,817‌

106,520

FGLMC

5

.500

11/01/34

113,986‌

103,131

FGLMC

5

.000

12/01/34

107,879‌

28,720

FGLMC

5

.500

12/01/34

30,797‌

3,504

FGLMC

5

.500

12/01/34

3,645‌

1,805

FGLMC

5

.500

01/01/35

1,936‌

982

FGLMC

5

.500

01/01/35

1,054‌

20,296

FGLMC

5

.500

01/01/35

21,778‌

46,937

FGLMC

4

.500

04/01/35

48,318‌

6,400

FGLMC

6

.000

05/01/35

6,962‌

49,047

FGLMC

6

.000

05/01/35

51,682‌

42,854

FGLMC

7

.000

05/01/35

45,658‌

6,463

FGLMC

5

.500

06/01/35

6,934‌

9,728

FGLMC

5

.500

06/01/35

10,436‌

4,235

FGLMC

5

.000

07/01/35

4,447‌

175,288

FGLMC

5

.000

07/01/35

184,519‌

205,038

FGLMC

5

.000

08/01/35

215,938‌

13,048

FGLMC

5

.500

08/01/35

13,579‌

75,408

FGLMC

6

.000

08/01/35

79,351‌

3,138

FGLMC

4

.500

09/01/35

3,233‌

39,437

FGLMC

5

.000

10/01/35

41,419‌

17,414

FGLMC

5

.000

10/01/35

18,295‌

14,429

FGLMC

5

.000

10/01/35

14,876‌

115,699

FGLMC

5

.500

10/01/35

120,572‌

35,334

FGLMC

5

.000

12/01/35

36,924‌

3,765

FGLMC

5

.000

12/01/35

3,967‌

19,097

FGLMC

6

.000

01/01/36

20,908‌

7,354

FGLMC

5

.000

02/01/36

7,744‌

2,798

FGLMC

5

.000

02/01/36

2,946‌

2,981

FGLMC

6

.000

02/01/36

3,267‌

24,115

FGLMC

5

.500

04/01/36

25,149‌

8,821

FGLMC

5

.500

05/01/36

9,463‌

122,620

FGLMC

6

.000

06/01/36

134,456‌

37,723

FGLMC

5

.000

07/01/36

39,747‌

44,082

FGLMC

6

.000

07/01/36

47,442‌

6,959

FGLMC

6

.000

08/01/36

7,602‌

6,183

FGLMC

6

.000

09/01/36

6,511‌

123,182

FGLMC

5

.500

10/01/36

132,319‌

56,523

FGLMC

5

.500

10/01/36

60,704‌

9,131

FGLMC

6

.500

10/01/36

9,649‌

5,687

FGLMC

5

.500

11/01/36

6,113‌

13,985

FGLMC

6

.000

11/01/36

15,339‌

68,520

FGLMC

6

.000

12/01/36

75,138‌

110,792

FGLMC

5

.500

03/01/37

119,089‌

45,681

FGLMC

6

.000

03/01/37

50,094‌

7,178

FGLMC

6

.500

03/01/37

7,639‌

40,341

FGLMC

5

.500

04/01/37

43,363‌

6,411

FGLMC

5

.000

05/01/37

6,762‌

4,723

FGLMC

5

.000

06/01/37

4,934‌

16,567

FGLMC

5

.500

06/01/37

17,811‌

4,379,939

FGLMC

3

.000

07/01/37

4,286,479‌

74,490

FGLMC

6

.000

07/01/37

81,688‌

46,781

FGLMC

6

.000

08/01/37

51,305‌

13,512

FGLMC

6

.000

09/01/37

14,821‌

110,021

FGLMC

5

.500

10/01/37

114,830‌

3,404

FGLMC

6

.000

11/01/37

3,734‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

109

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

28,824

FGLMC

6

.500

%

11/01/37

$

31,223‌

14,514

FGLMC

6

.000

01/01/38

15,910‌

6,314

FGLMC

6

.000

02/01/38

6,925‌

47,190

FGLMC

6

.000

02/01/38

51,773‌

72,448

FGLMC

5

.000

03/01/38

76,370‌

206,692

FGLMC

5

.000

03/01/38

218,010‌

9,046

FGLMC

5

.000

04/01/38

9,575‌

89,209

FGLMC

5

.000

04/01/38

94,042‌

95,677

FGLMC

5

.500

04/01/38

100,632‌

21,678

FGLMC

5

.500

05/01/38

23,309‌

2,564

FGLMC

5

.500

06/01/38

2,755‌

3,863

FGLMC

6

.000

07/01/38

4,072‌

13,348

FGLMC

5

.500

08/01/38

14,317‌

80,750

FGLMC

5

.500

08/01/38

86,375‌

10,170

FGLMC

5

.000

09/01/38

10,713‌

143,094

FGLMC

5

.500

09/01/38

153,746‌

52,414

FGLMC

5

.500

09/01/38

56,266‌

2,787

FGLMC

5

.500

10/01/38

2,996‌

52,861

FGLMC

6

.000

11/01/38

57,821‌

382,384

FGLMC

5

.500

01/01/39

410,963‌

242,603

FGLMC

4

.500

02/01/39

250,659‌

139,363

FGLMC

5

.000

02/01/39

146,797‌

10,471

FGLMC

5

.500

02/01/39

11,250‌

423

FGLMC

4

.500

03/01/39

428‌

63,589

FGLMC

5

.000

03/01/39

66,999‌

7,497

FGLMC

6

.000

03/01/39

8,208‌

12,559

FGLMC

4

.500

04/01/39

12,975‌

402,504

FGLMC

4

.500

04/01/39

414,724‌

87,512

FGLMC

4

.000

05/01/39

88,594‌

2,201

FGLMC

4

.500

05/01/39

2,274‌

57,887

FGLMC

4

.500

05/01/39

59,803‌

1,325,472

FGLMC

4

.500

05/01/39

1,369,489‌

111,877

FGLMC

4

.500

05/01/39

114,966‌

55,113

FGLMC

5

.000

05/01/39

58,123‌

114,156

FGLMC

4

.000

06/01/39

115,564‌

611,340

FGLMC

4

.500

06/01/39

631,633‌

18,870

FGLMC

4

.500

06/01/39

19,496‌

9,778

FGLMC

5

.000

06/01/39

10,302‌

3,476

FGLMC

5

.500

06/01/39

3,723‌

182,753

FGLMC

4

.000

07/01/39

185,011‌

72,849

FGLMC

4

.500

07/01/39

75,259‌

5,661

FGLMC

4

.500

07/01/39

5,834‌

14,625

FGLMC

4

.500

07/01/39

15,108‌

48,366

FGLMC

5

.000

07/01/39

50,966‌

90,766

FGLMC

5

.500

07/01/39

96,228‌

6,275

FGLMC

4

.500

08/01/39

6,484‌

14,555

FGLMC

5

.000

08/01/39

15,338‌

133,269

FGLMC

4

.000

09/01/39

134,593‌

383,836

FGLMC

5

.000

09/01/39

404,311‌

131,648

FGLMC

5

.000

09/01/39

138,712‌

1,367

FGLMC

5

.500

09/01/39

1,430‌

153,417

FGLMC

6

.500

09/01/39

165,576‌

40,573

FGLMC

4

.500

10/01/39

41,918‌

47,058

FGLMC

4

.500

10/01/39

48,619‌

26,579

FGLMC

4

.500

10/01/39

27,462‌

27,754

FGLMC

5

.000

10/01/39

29,241‌

9,650

FGLMC

4

.000

11/01/39

9,746‌

32,247

FGLMC

4

.500

11/01/39

33,317‌

12,677

FGLMC

5

.000

11/01/39

13,359‌

36,190

FGLMC

4

.500

12/01/39

37,389‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

110

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

25,949

FGLMC

4

.500

%

12/01/39

$

26,807‌

55,897

FGLMC

4

.500

12/01/39

57,293‌

84,513

FGLMC

4

.500

12/01/39

86,852‌

56,507

FGLMC

5

.500

12/01/39

60,731‌

81,691

FGLMC

4

.500

01/01/40

84,395‌

6,933

FGLMC

5

.000

01/01/40

7,305‌

9,549

FGLMC

5

.500

01/01/40

10,260‌

25,569

FGLMC

5

.500

03/01/40

27,479‌

282,049

FGLMC

4

.000

04/01/40

285,529‌

14,978

FGLMC

4

.500

04/01/40

15,474‌

44,499

FGLMC

4

.500

04/01/40

45,977‌

37,622

FGLMC

5

.000

04/01/40

39,645‌

76,484

FGLMC

5

.000

04/01/40

79,896‌

301,520

FGLMC

6

.000

04/01/40

330,747‌

804,676

FGLMC

4

.500

05/01/40

831,384‌

323,043

FGLMC

5

.000

05/01/40

339,365‌

2,506

FGLMC

4

.500

06/01/40

2,589‌

272,090

FGLMC

5

.500

06/01/40

292,381‌

393,156

FGLMC

4

.500

07/01/40

406,169‌

7,231

FGLMC

4

.500

08/01/40

7,471‌

71,232

FGLMC

5

.000

08/01/40

74,833‌

18,341

FGLMC

5

.000

08/01/40

19,211‌

195,047

FGLMC

5

.000

08/01/40

205,502‌

1,229,581

FGLMC

5

.500

08/01/40

1,321,052‌

99,920

FGLMC

4

.000

09/01/40

101,153‌

1,336,317

FGLMC

4

.000

11/01/40

1,349,599‌

870,061

FGLMC

4

.000

12/01/40

880,790‌

119,025

FGLMC

3

.500

01/01/41

117,188‌

203,261

FGLMC

3

.500

01/01/41

200,186‌

118,169

FGLMC

4

.000

01/01/41

119,628‌

123,639

FGLMC

3

.500

02/01/41

121,679‌

430,321

FGLMC

4

.000

02/01/41

434,577‌

143,933

FGLMC

4

.000

02/01/41

145,363‌

797,676

FGLMC

4

.000

04/01/41

807,527‌

141,319

FGLMC

4

.500

04/01/41

146,001‌

31,159

FGLMC

5

.000

04/01/41

32,831‌

124,537

FGLMC

4

.500

05/01/41

128,675‌

148,648

FGLMC

4

.500

06/01/41

153,570‌

344,720

FGLMC

3

.500

10/01/41

339,516‌

338,255

FGLMC

5

.000

10/01/41

356,320‌

500,236

FGLMC

3

.500

11/01/41

492,041‌

196,773

FGLMC

4

.500

12/01/41

203,262‌

1,680,303

FGLMC

3

.500

01/01/42

1,652,785‌

491,660

FGLMC

3

.500

02/01/42

483,608‌

560,889

FGLMC

3

.500

04/01/42

551,703‌

1,382,206

FGLMC

4

.000

05/01/42

1,399,197‌

4,384,280

FGLMC

4

.500

05/01/42

4,527,537‌

947,688

FGLMC

3

.500

07/01/42

932,462‌

202,810

FGLMC

3

.000

08/01/42

194,077‌

1,512,584

FGLMC

3

.000

10/01/42

1,447,437‌

1,049,260

FGLMC

3

.000

10/01/42

1,004,072‌

456,277

FGLMC

3

.500

12/01/42

448,803‌

1,589,036

FGLMC

2

.500

01/01/43

1,448,150‌

3,016,001

FGLMC

3

.000

01/01/43

2,885,480‌

4,477,268

FGLMC

3

.000

04/01/43

4,281,628‌

11,966,952

FGLMC

3

.000

04/01/43

11,444,048‌

1,308,441

FGLMC

3

.500

05/01/43

1,286,997‌

1,854,765

FGLMC

3

.000

08/01/43

1,772,948‌

1,351,787

FGLMC

3

.000

08/01/43

1,292,016‌

1,335,574

FGLMC

3

.500

08/01/43

1,313,686‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

111

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

584,568

FGLMC

4

.500

%

10/01/43

$

602,470‌

651,990

FGLMC

4

.000

11/01/43

657,230‌

1,218,621

FGLMC

3

.500

02/01/44

1,198,653‌

996,912

FGLMC

4

.000

02/01/44

1,004,925‌

7,640,931

FGLMC

4

.000

02/01/44

7,702,345‌

445,299

FGLMC

4

.000

04/01/44

448,878‌

534,722

FGLMC

4

.500

05/01/44

549,786‌

1,001,057

FGLMC

4

.000

06/01/44

1,009,082‌

1,533,264

FGLMC

4

.000

08/01/44

1,545,559‌

1,140,553

FGLMC

3

.500

09/01/44

1,121,885‌

1,597,699

FGLMC

3

.500

11/01/44

1,570,240‌

2,132,402

FGLMC

3

.500

12/01/44

2,088,703‌

1,289,253

FGLMC

3

.500

01/01/45

1,271,998‌

2,687,218

FGLMC

3

.000

02/01/45

2,559,275‌

3,282,849

FGLMC

3

.500

03/01/45

3,222,311‌

2,022,405

FGLMC

4

.000

03/01/45

2,038,612‌

1,297,374

FGLMC

3

.000

04/01/45

1,234,510‌

2,671,453

FGLMC

3

.500

04/01/45

2,616,673‌

7,260,961

FGLMC

3

.500

07/01/45

7,117,976‌

5,319,753

FGLMC

4

.500

07/01/45

5,483,031‌

15,091,739

FGLMC

3

.000

08/01/45

14,404,991‌

11,721,736

FGLMC

3

.500

10/01/45

11,490,895‌

2,158,961

FGLMC

4

.000

11/01/45

2,175,893‌

4,007,612

FGLMC

3

.500

12/01/45

3,922,172‌

9,438,754

FGLMC

3

.000

03/01/46

8,930,648‌

2,992,955

FGLMC

3

.500

03/01/46

2,929,153‌

1,552,287

FGLMC

4

.000

03/01/46

1,564,731‌

6,863,591

FGLMC

3

.000

04/01/46

6,512,696‌

6,879,306

FGLMC

3

.500

05/01/46

6,787,152‌

5,497,924

FGLMC

3

.500

08/01/46

5,399,538‌

10,296,412

FGLMC

3

.000

09/01/46

9,792,192‌

4,303,651

FGLMC

4

.000

09/01/46

4,333,728‌

3,710,612

FGLMC

3

.000

11/01/46

3,509,355‌

12,970,426

FGLMC

3

.000

11/01/46

12,244,376‌

4,483,590

FGLMC

3

.000

11/01/46

4,248,723‌

2,651,372

FGLMC

3

.000

12/01/46

2,510,296‌

3,442,491

FGLMC

3

.500

12/01/46

3,369,089‌

6,183,154

FGLMC

3

.000

02/01/47

5,852,820‌

2,038,617

FGLMC

3

.500

02/01/47

1,998,922‌

1,715,966

FGLMC

4

.000

02/01/47

1,725,831‌

2,945,809

FGLMC

3

.500

05/01/47

2,882,947‌

2,244,425

FGLMC

3

.000

08/01/47

2,129,451‌

2,899,682

FGLMC

3

.000

11/01/47

2,728,018‌

4,512,297

FGLMC

3

.000

12/01/47

4,249,556‌

14,034,482

FGLMC

3

.000

01/01/48

13,273,334‌

4,887,604

FGLMC

3

.000

02/01/48

4,599,833‌

3,674,204

FGLMC

3

.500

03/01/48

3,595,632‌

3,108,296

FGLMC

3

.500

05/01/48

3,036,274‌

2,445,309

FGLMC

4

.000

05/01/48

2,455,846‌

3,327,500

FGLMC

3

.500

07/01/48

3,245,595‌

3,581,422

FGLMC

4

.000

07/01/48

3,588,000‌

6,597,817

FGLMC

4

.000

08/01/48

6,609,934‌

1,291,435

FGLMC

4

.500

09/01/48

1,301,445‌

5,203,202

FGLMC

4

.000

10/01/48

5,205,752‌

3,148,583

FGLMC

4

.500

12/01/48

3,174,907‌

1,705,568

FGLMC

4

.500

02/01/49

1,722,699‌

4,291,486

FGLMC

3

.500

05/01/49

4,174,061‌

83

Federal

National

Mortgage

Association

(FNMA)

5

.500

10/01/22

83‌

113

FNMA

6

.000

10/01/22

113‌

29

FNMA

5

.000

03/01/23

29‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

112

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

2,086

FNMA

4

.500

%

06/01/23

$

2,132‌

315

FNMA

5

.000

06/01/23

323‌

530

FNMA

5

.500

06/01/23

550‌

392

FNMA

5

.000

07/01/23

402‌

5,143

FNMA

5

.000

07/01/23

5,277‌

520

FNMA

5

.500

08/01/23

522‌

1,393

FNMA

5

.000

11/01/23

1,423‌

1

FNMA

5

.500

11/01/23

1‌

73

FNMA

5

.500

01/01/24

74‌

1,787

FNMA

5

.500

02/01/24

1,855‌

7,623

FNMA

4

.000

03/01/24

7,705‌

647

FNMA

4

.500

04/01/24

662‌

9,919

FNMA

4

.000

05/01/24

10,025‌

31,651

FNMA

4

.000

05/01/24

31,992‌

892

FNMA

4

.000

06/01/24

901‌

1,130

FNMA

4

.500

07/01/24

1,155‌

1,306

FNMA

5

.500

07/01/24

1,356‌

27

FNMA

8

.000

07/01/24

28‌

6,653

FNMA

4

.500

08/01/24

6,820‌

26,442

FNMA

4

.000

09/01/24

26,727‌

5,934

FNMA

4

.000

09/01/24

5,998‌

2,639

FNMA

4

.500

09/01/24

2,698‌

68,123

FNMA

4

.500

10/01/24

69,650‌

4,176

FNMA

5

.000

01/01/25

4,269‌

5,014

FNMA

4

.500

02/01/25

5,126‌

34,379

FNMA

4

.500

03/01/25

35,150‌

455

FNMA

4

.500

03/01/25

465‌

19,030

FNMA

5

.000

03/01/25

19,454‌

10,347

FNMA

4

.500

04/01/25

10,579‌

26,847

FNMA

4

.500

04/01/25

27,449‌

139,203

FNMA

4

.000

05/01/25

140,701‌

57,543

FNMA

4

.000

06/01/25

58,162‌

28,996

FNMA

4

.500

06/01/25

29,646‌

16,748

FNMA

4

.000

08/01/25

16,928‌

8,774

FNMA

5

.500

08/01/25

9,206‌

53,550

FNMA

3

.500

09/01/25

53,336‌

68,356

FNMA

4

.000

09/01/25

69,092‌

129,694

FNMA

3

.500

10/01/25

129,268‌

106,104

FNMA

3

.500

10/01/25

105,726‌

48,604

FNMA

5

.000

10/01/25

49,656‌

78,677

FNMA

4

.000

11/01/25

79,670‌

110,407

FNMA

3

.500

12/01/25

110,059‌

529,134

FNMA

3

.500

02/01/26

527,241‌

84,961

FNMA

3

.500

02/01/26

84,648‌

27,567

FNMA

4

.000

03/01/26

27,874‌

74,698

FNMA

4

.000

06/01/26

75,502‌

76,901

FNMA

3

.500

08/01/26

76,737‌

59,420

FNMA

3

.500

09/01/26

59,340‌

31,797

FNMA

4

.000

09/01/26

32,159‌

108,022

FNMA

3

.500

10/01/26

107,878‌

2,266

FNMA

6

.000

10/01/26

2,381‌

144,541

FNMA

3

.000

11/01/26

143,959‌

125,491

FNMA

3

.000

12/01/26

125,081‌

343,016

FNMA

3

.000

01/01/27

341,426‌

315,882

FNMA

4

.000

01/01/27

319,280‌

248,802

FNMA

3

.500

02/01/27

249,067‌

447,364

FNMA

3

.000

04/01/27

445,898‌

274,897

FNMA

3

.000

04/01/27

273,495‌

164,992

FNMA

3

.500

05/01/27

165,169‌

190,785

FNMA

2

.500

06/01/27

188,089‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

113

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

576,327

FNMA

3

.000

%

06/01/27

$

574,438‌

212,505

FNMA

2

.500

07/01/27

209,502‌

480,174

FNMA

2

.500

09/01/27

473,384‌

6,628

FNMA

5

.500

09/01/27

6,885‌

764,065

FNMA

2

.500

10/01/27

753,263‌

501,192

FNMA

3

.000

11/01/27

499,556‌

1,030

FNMA

5

.500

01/01/28

1,070‌

2,010,459

FNMA

2

.500

02/01/28

1,982,003‌

1,589,862

FNMA

2

.500

02/01/28

1,567,361‌

798

FNMA

5

.000

02/01/28

820‌

1,185,829

FNMA

2

.500

04/01/28

1,169,032‌

1,688,724

FNMA

2

.500

04/01/28

1,663,316‌

4,798

FNMA

5

.500

06/01/28

4,987‌

487,744

FNMA

2

.500

07/01/28

480,831‌

994,334

FNMA

2

.500

08/01/28

980,237‌

1,163,253

FNMA

3

.000

10/01/28

1,159,429‌

760

FNMA

5

.500

11/01/28

792‌

5

FNMA

7

.500

01/01/29

5‌

1,607,847

FNMA

3

.000

03/01/29

1,602,558‌

6,565

FNMA

4

.000

03/01/29

6,674‌

6,062,071

FNMA

3

.000

04/01/29

6,042,137‌

23,762

FNMA

4

.500

04/01/29

23,996‌

17,087

FNMA

4

.000

05/01/29

17,373‌

9,020

FNMA

4

.500

06/01/29

9,108‌

3,269

FNMA

4

.000

07/01/29

3,324‌

63,179

FNMA

4

.500

08/01/29

63,799‌

7,644,224

FNMA

3

.500

09/01/29

7,661,538‌

12,091

FNMA

4

.500

09/01/29

12,209‌

12,282

FNMA

4

.500

11/01/29

12,343‌

3,544

FNMA

4

.500

01/01/30

3,588‌

879,899

FNMA

2

.500

02/01/30

863,062‌

7,777

FNMA

4

.000

03/01/30

7,907‌

3,478

FNMA

4

.500

05/01/30

3,521‌

4,926

FNMA

4

.500

06/01/30

4,987‌

2,198,148

FNMA

3

.000

07/01/30

2,190,904‌

45,231

FNMA

4

.500

08/01/30

45,788‌

10,156

FNMA

4

.000

09/01/30

10,327‌

66,625

FNMA

4

.000

10/01/30

67,742‌

562,549

FNMA

4

.000

11/01/30

572,016‌

104,906

FNMA

4

.000

11/01/30

106,670‌

22,910

FNMA

4

.500

12/01/30

23,305‌

1,956,170

FNMA

3

.000

02/01/31

1,949,719‌

31,553

FNMA

3

.500

02/01/31

31,554‌

35,185

FNMA

4

.000

02/01/31

35,778‌

399

FNMA

7

.500

03/01/31

434‌

2,309,142

FNMA

2

.500

04/01/31

2,264,884‌

95,734

FNMA

3

.500

04/01/31

95,877‌

11,395

FNMA

4

.000

04/01/31

11,587‌

2,241,235

FNMA

3

.000

05/01/31

2,233,849‌

1,140

FNMA

6

.000

05/01/31

1,240‌

2,605,078

FNMA

2

.500

06/01/31

2,555,135‌

543,466

FNMA

4

.500

07/01/31

560,738‌

59,260

FNMA

4

.500

07/01/31

60,284‌

342,241

FNMA

4

.000

08/01/31

348,006‌

3,415,148

FNMA

2

.500

09/01/31

3,349,663‌

1,770,225

FNMA

3

.000

09/01/31

1,764,388‌

21,471

FNMA

4

.000

09/01/31

21,833‌

263

FNMA

6

.500

09/01/31

276‌

12,602

FNMA

6

.000

11/01/31

13,745‌

1,707

FNMA

6

.500

11/01/31

1,836‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

114

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

3,634,280

FNMA

2

.500

%

12/01/31

$

3,564,584‌

612,856

FNMA

3

.500

01/01/32

612,871‌

4,003

FNMA

6

.000

01/01/32

4,367‌

327

FNMA

6

.000

01/01/32

343‌

251,866

FNMA

3

.500

02/01/32

251,872‌

2,974

FNMA

6

.000

02/01/32

3,214‌

2,324,820

FNMA

3

.000

03/01/32

2,304,275‌

13,245

FNMA

6

.500

04/01/32

14,267‌

8,142,044

FNMA

3

.000

06/01/32

8,070,080‌

24,698

FNMA

6

.500

07/01/32

26,200‌

4,993

FNMA

6

.500

08/01/32

5,376‌

284,389

FNMA

3

.000

09/01/32

279,658‌

4,495

FNMA

7

.500

09/01/32

4,534‌

853,776

FNMA

3

.000

10/01/32

832,783‌

25,064

FNMA

5

.500

10/01/32

26,530‌

6,118

FNMA

6

.000

11/01/32

6,662‌

5,249,042

FNMA

3

.000

12/01/32

5,202,626‌

6,324

FNMA

5

.500

12/01/32

6,664‌

384

FNMA

5

.500

12/01/32

399‌

10,790

FNMA

6

.000

12/01/32

11,587‌

56,877

FNMA

5

.500

01/01/33

60,357‌

141,364

FNMA

6

.000

01/01/33

154,122‌

51,592

FNMA

5

.000

02/01/33

54,159‌

1,432

FNMA

5

.000

02/01/33

1,463‌

628,981

FNMA

3

.000

04/01/33

617,734‌

731,253

FNMA

3

.500

04/01/33

731,272‌

2,992

FNMA

6

.000

04/01/33

3,245‌

3,612,053

FNMA

3

.500

05/01/33

3,616,052‌

374,379

FNMA

5

.500

05/01/33

399,650‌

21,735

FNMA

5

.000

06/01/33

22,836‌

41,219

FNMA

5

.500

06/01/33

43,885‌

6,491

FNMA

4

.500

07/01/33

6,577‌

28,239

FNMA

5

.000

07/01/33

29,678‌

37,867

FNMA

4

.500

08/01/33

38,491‌

3,507

FNMA

4

.500

08/01/33

3,553‌

8,297

FNMA

5

.000

08/01/33

8,725‌

21,852

FNMA

5

.500

09/01/33

22,711‌

59,637

FNMA

5

.500

09/01/33

62,016‌

6,282

FNMA

6

.000

09/01/33

6,638‌

58,762

FNMA

4

.500

10/01/33

60,463‌

10,744

FNMA

5

.000

10/01/33

11,295‌

5,024

FNMA

5

.000

10/01/33

5,143‌

98,410

FNMA

5

.500

10/01/33

103,093‌

210,577

FNMA

5

.500

10/01/33

223,580‌

2,846

FNMA

4

.500

11/01/33

2,926‌

12,182

FNMA

5

.000

11/01/33

12,805‌

816,035

FNMA

5

.000

11/01/33

857,796‌

90,965

FNMA

5

.000

12/01/33

95,588‌

108,872

FNMA

5

.500

12/01/33

115,548‌

1,188,165

FNMA

3

.000

01/01/34

1,164,501‌

36,795

FNMA

5

.000

02/01/34

37,925‌

160,481

FNMA

6

.000

02/01/34

171,816‌

9,167

FNMA

5

.000

03/01/34

9,634‌

3,698

FNMA

5

.000

03/01/34

3,886‌

217,861

FNMA

5

.000

03/01/34

228,967‌

4,752

FNMA

5

.000

03/01/34

4,994‌

10,686

FNMA

5

.000

03/01/34

11,022‌

3,183

FNMA

5

.000

03/01/34

3,345‌

28,619

FNMA

5

.000

04/01/34

30,096‌

32,969

FNMA

5

.500

04/01/34

34,304‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

115

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

6,882

FNMA

4

.500

%

05/01/34

$

7,028‌

16,051

FNMA

4

.500

05/01/34

16,437‌

7,677

FNMA

5

.500

07/01/34

8,226‌

11,729

FNMA

5

.500

07/01/34

12,568‌

11,356

FNMA

7

.000

07/01/34

12,129‌

86,292

FNMA

5

.000

08/01/34

90,737‌

9,540

FNMA

5

.000

08/01/34

10,028‌

52,134

FNMA

6

.000

08/01/34

56,465‌

9,214

FNMA

6

.000

08/01/34

10,041‌

9,440,052

FNMA

3

.500

09/01/34

9,399,804‌

184,804

FNMA

5

.500

09/01/34

198,009‌

6,922,107

FNMA

2

.500

11/01/34

6,652,260‌

1,679

FNMA

5

.500

11/01/34

1,798‌

8,519

FNMA

6

.000

11/01/34

8,956‌

10,002,278

FNMA

2

.500

12/01/34

9,612,327‌

14,352,638

FNMA

3

.000

12/01/34

14,145,907‌

2,720

FNMA

5

.000

12/01/34

2,859‌

1,683

FNMA

5

.500

12/01/34

1,803‌

6,712

FNMA

6

.000

12/01/34

7,080‌

257,405

FNMA

4

.500

01/01/35

264,843‌

20,891

FNMA

5

.500

01/01/35

21,869‌

7,888,907

FNMA

3

.500

02/01/35

7,872,836‌

546,297

FNMA

5

.500

02/01/35

585,260‌

24,177

FNMA

5

.500

02/01/35

25,907‌

6,368,207

FNMA

2

.500

03/01/35

6,096,294‌

72,202

FNMA

5

.500

04/01/35

75,064‌

23,299

FNMA

6

.000

04/01/35

25,077‌

22,518

FNMA

6

.000

04/01/35

24,032‌

8,147,252

FNMA

2

.500

05/01/35

7,799,341‌

7,356,829

FNMA

3

.000

05/01/35

7,223,612‌

32,756

FNMA

6

.000

05/01/35

35,439‌

9,014

FNMA

5

.000

06/01/35

9,477‌

1,435

i

FNMA

LIBOR

12

M

+

1.570%

2

.119

07/01/35

1,429‌

27,788

FNMA

5

.000

07/01/35

29,209‌

2,271,722

FNMA

3

.000

08/01/35

2,231,176‌

55,765

FNMA

4

.500

08/01/35

57,347‌

61,484

FNMA

5

.000

08/01/35

64,652‌

40,302

FNMA

5

.000

08/01/35

42,387‌

2,048

FNMA

4

.500

09/01/35

2,102‌

2,604

FNMA

4

.500

09/01/35

2,680‌

6,762

FNMA

5

.500

09/01/35

7,245‌

8,183,179

FNMA

2

.500

10/01/35

7,833,660‌

20,013

FNMA

5

.000

10/01/35

20,461‌

80,222

FNMA

5

.500

10/01/35

84,823‌

18,138,057

FNMA

1

.500

11/01/35

16,518,642‌

16,937,030

FNMA

2

.000

11/01/35

15,827,193‌

8,732,930

FNMA

2

.500

11/01/35

8,359,939‌

50,552

FNMA

5

.500

11/01/35

53,534‌

6,866,198

FNMA

2

.000

12/01/35

6,416,345‌

23,983,440

FNMA

1

.500

01/01/36

21,834,965‌

2,881,989

FNMA

3

.500

01/01/36

2,874,963‌

29,675

i

FNMA

LIBOR

12

M

+

1.535%

1

.941

02/01/36

29,530‌

188,151

FNMA

5

.000

02/01/36

198,030‌

16,339,747

FNMA

1

.500

03/01/36

14,880,642‌

80,465,457

FNMA

2

.000

03/01/36

75,191,550‌

76,080

FNMA

6

.000

03/01/36

83,438‌

8,448,713

FNMA

1

.500

04/01/36

7,694,064‌

8,874,098

FNMA

1

.000

05/01/36

7,910,134‌

25,839,424

FNMA

1

.500

05/01/36

23,531,359‌

46,146,513

FNMA

2

.000

05/01/36

43,122,022‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

116

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

973,051

FNMA

3

.500

%

05/01/36

$

970,679‌

1,333

FNMA

5

.000

05/01/36

1,402‌

132,919

FNMA

6

.000

06/01/36

145,586‌

15,941

i

FNMA

LIBOR

12

M

+

1.595%

1

.845

07/01/36

15,857‌

17,373,318

FNMA

2

.000

07/01/36

16,234,399‌

8,412

FNMA

6

.000

07/01/36

8,991‌

36,199

FNMA

6

.500

07/01/36

38,324‌

7,248,027

FNMA

3

.000

08/01/36

7,118,651‌

50,057

FNMA

5

.500

08/01/36

52,022‌

86,609

FNMA

6

.500

08/01/36

93,069‌

13,751,200

FNMA

1

.500

09/01/36

12,518,580‌

17,933,974

FNMA

2

.000

09/01/36

16,758,241‌

17,360,488

FNMA

2

.500

09/01/36

16,597,214‌

1,191,418

FNMA

3

.000

09/01/36

1,170,144‌

6,934

FNMA

5

.500

09/01/36

7,429‌

2,514

FNMA

6

.500

09/01/36

2,693‌

8,639

FNMA

6

.500

09/01/36

9,300‌

10,958

FNMA

6

.000

10/01/36

12,011‌

28,267,340

FNMA

1

.500

11/01/36

25,732,914‌

18,609,286

FNMA

2

.000

11/01/36

17,388,873‌

2,616,594

FNMA

3

.000

11/01/36

2,558,598‌

5,668

FNMA

6

.500

11/01/36

6,059‌

33,901

FNMA

6

.000

12/01/36

37,152‌

11,985,520

FNMA

1

.500

01/01/37

10,910,979‌

11,906,839

FNMA

2

.000

01/01/37

11,125,978‌

6,279

i

FNMA

LIBOR

12

M

+

1.754%

2

.089

01/01/37

6,255‌

13,545

FNMA

5

.500

01/01/37

14,447‌

4,826,706

FNMA

1

.500

02/01/37

4,394,107‌

590

i

FNMA

LIBOR

6

M

+

1.460%

1

.786

02/01/37

597‌

101,533

FNMA

5

.500

02/01/37

107,360‌

5,676

FNMA

6

.000

02/01/37

6,214‌

11,055

FNMA

7

.000

02/01/37

11,875‌

38,728,466

FNMA

2

.000

03/01/37

36,188,619‌

2,381

i

FNMA

LIBOR

12

M

+

1.808%

2

.362

03/01/37

2,371‌

934

FNMA

5

.000

03/01/37

981‌

35,520

FNMA

6

.500

03/01/37

38,795‌

42,475

FNMA

6

.500

03/01/37

45,940‌

9,787,556

FNMA

2

.500

04/01/37

9,356,512‌

23,425

FNMA

7

.000

04/01/37

25,501‌

41,345

FNMA

5

.000

05/01/37

43,415‌

1,380

FNMA

7

.000

05/01/37

1,423‌

5,738

i

FNMA

LIBOR

12

M

+

1.782%

2

.082

06/01/37

5,716‌

7,035

FNMA

5

.500

06/01/37

7,501‌

10,017

FNMA

5

.500

08/01/37

10,740‌

5,119

FNMA

6

.000

08/01/37

5,606‌

13,935

FNMA

5

.500

09/01/37

14,487‌

17,940

FNMA

6

.000

09/01/37

19,323‌

31,664

FNMA

6

.000

09/01/37

34,368‌

73,282

FNMA

6

.000

09/01/37

79,319‌

20,991

FNMA

6

.000

09/01/37

22,986‌

61,083

FNMA

6

.000

09/01/37

65,786‌

12,149

FNMA

6

.500

09/01/37

12,746‌

3,984

FNMA

6

.500

09/01/37

4,179‌

10,803

i

FNMA

DGS1

+

2.275%

2

.400

10/01/37

10,720‌

5,817

FNMA

6

.500

10/01/37

6,317‌

7,327,619

FNMA

3

.500

11/01/37

7,206,116‌

63,234

FNMA

5

.500

11/01/37

67,892‌

127,451

FNMA

6

.000

11/01/37

139,591‌

2,574

FNMA

7

.000

11/01/37

2,613‌

2,297,680

FNMA

3

.000

12/01/37

2,214,334‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

117

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

2,437,364

FNMA

4

.000

%

01/01/38

$

2,442,518‌

480

FNMA

6

.500

01/01/38

503‌

35,114

FNMA

5

.500

02/01/38

37,572‌

24,914

FNMA

6

.500

02/01/38

26,138‌

10,070

FNMA

7

.000

02/01/38

11,257‌

7,436

i

FNMA

LIBOR

12

M

+

1.770%

2

.520

03/01/38

7,393‌

3,156

FNMA

5

.000

03/01/38

3,321‌

1,577

FNMA

5

.000

03/01/38

1,660‌

6,844

FNMA

5

.500

03/01/38

7,347‌

2,869

FNMA

6

.000

03/01/38

3,166‌

4,791

FNMA

6

.500

03/01/38

5,130‌

9,014

FNMA

6

.500

03/01/38

9,457‌

4,783

FNMA

6

.500

03/01/38

5,166‌

85,166

FNMA

5

.500

04/01/38

90,859‌

114,587

FNMA

6

.000

04/01/38

125,543‌

11,919

FNMA

4

.500

05/01/38

12,068‌

390,716

FNMA

5

.000

05/01/38

410,966‌

80,586

FNMA

5

.000

05/01/38

84,709‌

273,720

FNMA

6

.000

06/01/38

299,741‌

497,418

FNMA

6

.500

06/01/38

537,615‌

98,604

FNMA

6

.000

07/01/38

108,082‌

890

i

FNMA

LIBOR

12

M

+

1.603%

1

.853

08/01/38

919‌

295,809

FNMA

6

.000

09/01/38

324,246‌

9,908

i

FNMA

LIBOR

12

M

+

1.321%

1

.571

10/01/38

9,834‌

609

FNMA

6

.000

10/01/38

642‌

3,675

FNMA

5

.500

11/01/38

3,845‌

1,634

FNMA

5

.000

12/01/38

1,715‌

262,968

FNMA

5

.500

12/01/38

282,256‌

24,304

FNMA

4

.500

01/01/39

24,748‌

29,596

FNMA

5

.000

01/01/39

30,870‌

1,083,964

FNMA

5

.000

01/01/39

1,125,237‌

50,953

FNMA

5

.500

01/01/39

54,485‌

162,384

FNMA

5

.500

01/01/39

174,419‌

11,904

FNMA

6

.000

01/01/39

12,964‌

1,364

FNMA

6

.000

01/01/39

1,434‌

49,372

FNMA

4

.500

02/01/39

50,954‌

169,303

FNMA

4

.500

02/01/39

174,725‌

77,366

FNMA

4

.500

02/01/39

79,742‌

3,658

FNMA

5

.500

02/01/39

3,928‌

161,952

FNMA

4

.000

04/01/39

163,776‌

7,890

FNMA

5

.500

04/01/39

8,409‌

316,945

FNMA

4

.500

05/01/39

327,119‌

51,617

FNMA

4

.500

05/01/39

53,129‌

158,119

FNMA

4

.500

06/01/39

163,178‌

56,394

FNMA

4

.500

06/01/39

58,201‌

128,653

FNMA

5

.500

06/01/39

138,187‌

3,536

i

FNMA

LIBOR

12

M

+

1.835%

2

.085

07/01/39

3,649‌

40,668

FNMA

4

.500

07/01/39

41,970‌

33,392

FNMA

4

.500

07/01/39

34,369‌

3,419

FNMA

5

.000

07/01/39

3,599‌

5,903

i

FNMA

LIBOR

12

M

+

1.650%

1

.900

08/01/39

5,898‌

4,826

i

FNMA

LIBOR

12

M

+

1.690%

1

.940

08/01/39

4,978‌

549,948

FNMA

4

.000

08/01/39

554,868‌

96,062

FNMA

4

.000

08/01/39

97,152‌

8,299

FNMA

4

.500

08/01/39

8,567‌

388,536

FNMA

4

.500

08/01/39

399,960‌

108,161

FNMA

4

.500

08/01/39

111,329‌

388,908

FNMA

5

.000

08/01/39

406,909‌

3,446

FNMA

5

.000

08/01/39

3,605‌

220,057

FNMA

4

.000

09/01/39

222,557‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

118

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

20,885

FNMA

5

.000

%

09/01/39

$

21,982‌

96,074

FNMA

5

.500

09/01/39

103,179‌

62,471

FNMA

6

.000

09/01/39

68,477‌

214,998

FNMA

6

.500

10/01/39

233,277‌

10,010

FNMA

5

.000

11/01/39

10,452‌

229,458

FNMA

4

.000

12/01/39

232,062‌

27,956

FNMA

4

.500

12/01/39

28,704‌

51,903

FNMA

4

.500

12/01/39

53,424‌

832,860

FNMA

4

.500

12/01/39

859,549‌

8,297

i

FNMA

LIBOR

12

M

+

1.815%

2

.161

01/01/40

8,473‌

19,343

FNMA

4

.500

01/01/40

19,964‌

20,677

FNMA

5

.000

01/01/40

21,765‌

133,451

FNMA

6

.000

02/01/40

146,282‌

6,145,866

FNMA

2

.500

03/01/40

5,658,926‌

169,100

FNMA

4

.500

03/01/40

174,517‌

81,442

FNMA

4

.500

03/01/40

83,939‌

7,635

FNMA

5

.000

03/01/40

8,036‌

7,862,751

FNMA

2

.500

04/01/40

7,239,846‌

8,114,332

FNMA

3

.000

04/01/40

7,728,923‌

8,383

FNMA

4

.500

04/01/40

8,652‌

271,512

FNMA

5

.000

04/01/40

285,831‌

191,039

FNMA

5

.000

04/01/40

199,938‌

33,978

i

FNMA

LIBOR

12

M

+

1.836%

2

.270

05/01/40

34,781‌

24,065

i

FNMA

LIBOR

12

M

+

1.793%

2

.769

05/01/40

24,899‌

14,260

i

FNMA

LIBOR

12

M

+

1.835%

3

.210

05/01/40

14,391‌

12,981

FNMA

4

.500

05/01/40

13,328‌

7,140,760

FNMA

2

.500

06/01/40

6,559,523‌

17,174

FNMA

4

.500

07/01/40

17,702‌

19,417

FNMA

4

.500

07/01/40

20,039‌

25,005

FNMA

5

.000

07/01/40

26,325‌

155,335

FNMA

4

.500

08/01/40

160,294‌

226,426

FNMA

4

.500

08/01/40

233,652‌

162,660

FNMA

5

.000

08/01/40

170,461‌

356,986

FNMA

4

.500

09/01/40

368,472‌

165,012

FNMA

4

.500

09/01/40

170,297‌

375,819

FNMA

6

.000

09/01/40

411,851‌

55,410

FNMA

3

.500

10/01/40

54,525‌

238,088

FNMA

4

.000

10/01/40

240,796‌

491,042

FNMA

4

.000

10/01/40

495,428‌

413,011

FNMA

4

.500

10/01/40

426,271‌

472,580

FNMA

3

.500

11/01/40

465,022‌

493,972

FNMA

4

.000

11/01/40

499,592‌

543,230

FNMA

4

.000

11/01/40

549,397‌

301,740

FNMA

4

.000

11/01/40

304,446‌

61,181

FNMA

4

.500

11/01/40

63,147‌

15,272,344

FNMA

2

.000

12/01/40

13,655,719‌

24,809

i

FNMA

LIBOR

12

M

+

1.823%

2

.073

12/01/40

24,685‌

159,103

FNMA

4

.000

12/01/40

160,914‌

1,366,319

FNMA

4

.500

12/01/40

1,410,075‌

15,654

FNMA

3

.500

01/01/41

15,403‌

5,133,598

FNMA

1

.500

02/01/41

4,341,617‌

12,558,267

FNMA

2

.000

02/01/41

11,227,585‌

20,285

i

FNMA

LIBOR

12

M

+

1.820%

2

.187

02/01/41

20,711‌

73,252

FNMA

3

.500

02/01/41

72,082‌

456,532

FNMA

4

.000

02/01/41

461,719‌

450,545

FNMA

4

.000

03/01/41

455,680‌

17,562,263

FNMA

2

.000

04/01/41

15,701,219‌

333,763

FNMA

4

.500

04/01/41

344,463‌

368,055

FNMA

4

.500

05/01/41

379,848‌

89,197

FNMA

4

.500

05/01/41

92,059‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

119

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

212,502

FNMA

4

.500

%

06/01/41

$

218,755‌

43,426

i

FNMA

LIBOR

12

M

+

1.781%

2

.498

07/01/41

44,775‌

286,571

FNMA

4

.500

07/01/41

295,790‌

13,727,512

FNMA

2

.000

08/01/41

12,271,562‌

23,589,155

FNMA

1

.500

09/01/41

20,151,673‌

4,659,178

FNMA

2

.000

09/01/41

4,165,014‌

652,993

FNMA

4

.000

09/01/41

658,844‌

393,106

FNMA

4

.500

09/01/41

404,669‌

167,936

FNMA

5

.500

09/01/41

180,350‌

14,250,637

FNMA

1

.500

10/01/41

12,207,353‌

9,404,020

FNMA

2

.000

10/01/41

8,406,596‌

26,659

i

FNMA

LIBOR

12

M

+

1.815%

2

.065

10/01/41

27,076‌

14,317,545

FNMA

2

.000

11/01/41

12,798,952‌

263,385

FNMA

3

.500

11/01/41

258,907‌

216,198

FNMA

3

.500

11/01/41

212,500‌

108,115

i

FNMA

LIBOR

12

M

+

1.750%

2

.000

12/01/41

110,500‌

9,835,561

FNMA

3

.500

12/01/41

9,665,927‌

1,592,323

FNMA

3

.500

12/01/41

1,565,413‌

275,881

FNMA

4

.000

12/01/41

278,356‌

14,437,910

FNMA

2

.500

01/01/42

13,287,707‌

737,816

FNMA

3

.500

03/01/42

725,044‌

493,519

FNMA

4

.000

03/01/42

499,113‌

1,802,453

FNMA

3

.500

04/01/42

1,771,247‌

704,612

FNMA

3

.500

04/01/42

694,221‌

646,932

FNMA

4

.500

04/01/42

667,687‌

670,384

FNMA

5

.000

04/01/42

705,705‌

456,004

FNMA

4

.000

05/01/42

461,176‌

497,140

FNMA

5

.000

05/01/42

522,880‌

556,568

FNMA

3

.000

06/01/42

532,115‌

2,114,325

FNMA

3

.500

06/01/42

2,077,740‌

1,729,616

FNMA

4

.000

06/01/42

1,749,328‌

1,233,682

FNMA

4

.000

06/01/42

1,247,774‌

3,142,731

FNMA

3

.500

07/01/42

3,088,336‌

675,549

FNMA

4

.500

07/01/42

695,444‌

721,229

FNMA

3

.500

08/01/42

708,744‌

1,158,511

FNMA

3

.000

09/01/42

1,107,647‌

1,462,158

FNMA

3

.500

09/01/42

1,436,843‌

7,524,192

FNMA

4

.500

09/01/42

7,765,061‌

2,713,324

FNMA

3

.000

10/01/42

2,594,163‌

676,088

FNMA

3

.500

10/01/42

664,386‌

1,258,780

FNMA

2

.500

01/01/43

1,146,110‌

3,843,759

FNMA

3

.000

01/01/43

3,673,197‌

4,582,155

FNMA

3

.000

02/01/43

4,379,554‌

8,718,388

FNMA

3

.000

04/01/43

8,330,039‌

12,455,490

FNMA

3

.000

04/01/43

11,899,368‌

1,069,098

FNMA

3

.000

04/01/43

1,021,694‌

2,989,264

FNMA

3

.000

04/01/43

2,856,410‌

2,946,701

FNMA

3

.000

06/01/43

2,814,564‌

65,012

i

FNMA

LIBOR

12

M

+

1.695%

3

.079

06/01/43

66,730‌

23,853

i

FNMA

LIBOR

12

M

+

1.550%

1

.800

07/01/43

24,141‌

2,774,347

FNMA

3

.000

07/01/43

2,649,672‌

7,038,480

FNMA

3

.500

07/01/43

6,916,629‌

2,041,648

FNMA

3

.500

07/01/43

2,006,311‌

2,510,516

FNMA

3

.000

08/01/43

2,398,262‌

1,379,065

FNMA

4

.000

08/01/43

1,390,838‌

2,132,715

FNMA

3

.000

09/01/43

2,036,924‌

2,370,311

FNMA

3

.500

09/01/43

2,329,293‌

2,144,631

FNMA

3

.500

10/01/43

2,107,482‌

204,268

FNMA

4

.500

10/01/43

209,812‌

566,629

FNMA

4

.000

11/01/43

570,649‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

120

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

1,268,585

FNMA

4

.000

%

11/01/43

$

1,277,584‌

396,315

FNMA

4

.500

12/01/43

408,087‌

1,297,539

FNMA

4

.500

12/01/43

1,329,571‌

1,473,461

FNMA

4

.000

01/01/44

1,483,914‌

20,863,868

FNMA

4

.000

03/01/44

20,984,057‌

902,686

FNMA

4

.000

05/01/44

909,042‌

900,235

FNMA

4

.000

07/01/44

906,581‌

912,122

FNMA

4

.000

07/01/44

916,744‌

656,882

FNMA

3

.500

09/01/44

645,574‌

848,601

FNMA

4

.000

09/01/44

854,567‌

2,121,312

FNMA

3

.500

10/01/44

2,084,810‌

5,762,182

FNMA

5

.000

11/01/44

6,065,812‌

876,063

FNMA

4

.000

12/01/44

882,226‌

2,101,608

FNMA

3

.000

01/01/45

2,005,851‌

7,195,604

FNMA

3

.000

01/01/45

6,875,037‌

8,765,255

FNMA

3

.500

01/01/45

8,614,177‌

3,451,973

FNMA

3

.500

02/01/45

3,384,068‌

2,278,782

FNMA

3

.000

04/01/45

2,165,980‌

3,075,728

FNMA

3

.500

05/01/45

3,011,428‌

3,509,470

FNMA

3

.500

07/01/45

3,435,958‌

4,018,529

FNMA

4

.000

07/01/45

4,046,811‌

11,281,508

FNMA

3

.500

09/01/45

11,086,860‌

5,273,731

FNMA

3

.000

11/01/45

5,013,211‌

2,235,355

FNMA

3

.500

11/01/45

2,185,891‌

6,747,931

FNMA

4

.000

11/01/45

6,795,471‌

1,844,887

FNMA

3

.500

12/01/45

1,804,110‌

3,083,019

FNMA

3

.500

12/01/45

3,014,847‌

6,313,214

FNMA

3

.500

12/01/45

6,173,550‌

8,740,345

FNMA

3

.500

01/01/46

8,511,382‌

1,701,331

FNMA

3

.500

02/01/46

1,663,671‌

4,621,399

FNMA

3

.500

04/01/46

4,526,906‌

2,684,062

FNMA

4

.500

05/01/46

2,739,086‌

2,333,130

FNMA

3

.000

06/01/46

2,211,430‌

3,602,053

FNMA

3

.500

07/01/46

3,522,322‌

6,196,170

FNMA

3

.500

08/01/46

6,089,273‌

3,426,135

FNMA

4

.000

08/01/46

3,447,464‌

3,637,712

FNMA

3

.000

09/01/46

3,445,130‌

4,481,818

FNMA

3

.000

10/01/46

4,244,487‌

23,333,417

FNMA

3

.000

11/01/46

22,088,107‌

2,115,908

FNMA

3

.500

12/01/46

2,069,071‌

27,697,168

FNMA

3

.000

01/01/47

26,212,393‌

3,476,622

FNMA

3

.000

02/01/47

3,289,559‌

2,424,329

FNMA

4

.000

02/01/47

2,435,911‌

4,933,496

FNMA

3

.000

03/01/47

4,667,008‌

3,027,402

FNMA

3

.500

03/01/47

2,959,910‌

717,480

FNMA

4

.000

03/01/47

720,909‌

545,965

FNMA

4

.500

03/01/47

555,893‌

4,414,547

FNMA

3

.000

04/01/47

4,199,358‌

6,923,455

FNMA

3

.000

04/01/47

6,557,893‌

4,019,245

FNMA

3

.500

04/01/47

3,946,381‌

2,018,643

FNMA

3

.500

05/01/47

1,982,473‌

4,008,258

FNMA

3

.500

07/01/47

3,939,086‌

15,711,724

FNMA

4

.000

07/01/47

15,755,313‌

20,609,807

FNMA

3

.500

11/01/47

20,154,165‌

1,561,640

FNMA

4

.500

11/01/47

1,589,167‌

2,041,248

FNMA

3

.500

01/01/48

1,995,012‌

7,566,794

FNMA

4

.000

01/01/48

7,622,288‌

1,174,359

FNMA

3

.000

02/01/48

1,105,229‌

1,674,931

FNMA

3

.500

02/01/48

1,637,443‌

11,639,171

FNMA

3

.500

04/01/48

11,404,030‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

121

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

2,417,688

FNMA

4

.000

%

04/01/48

$

2,419,617‌

209,326

FNMA

4

.500

04/01/48

212,061‌

3,566,032

FNMA

3

.500

06/01/48

3,483,201‌

6,236,347

FNMA

4

.000

07/01/48

6,228,725‌

4,097,650

FNMA

4

.500

07/01/48

4,125,807‌

2,317,467

FNMA

4

.000

08/01/48

2,313,541‌

1,715,463

FNMA

4

.000

10/01/48

1,716,975‌

2,413,406

FNMA

4

.500

10/01/48

2,434,950‌

18,334,677

FNMA

3

.000

11/01/48

17,357,354‌

4,649,184

FNMA

4

.000

11/01/48

4,648,826‌

1,715,120

FNMA

4

.500

11/01/48

1,727,511‌

1,718,186

FNMA

4

.000

12/01/48

1,716,539‌

1,488,896

FNMA

4

.500

01/01/49

1,497,488‌

4,099,099

FNMA

4

.500

02/01/49

4,127,523‌

5,111,267

FNMA

4

.000

04/01/49

5,113,425‌

5,143,641

FNMA

5

.000

04/01/49

5,320,458‌

5,513,871

FNMA

3

.500

07/01/49

5,356,377‌

20,782,591

FNMA

3

.500

08/01/49

20,213,021‌

3,384,192

FNMA

4

.000

08/01/49

3,369,884‌

11,798,647

FNMA

3

.000

09/01/49

11,024,936‌

14,580,765

FNMA

3

.000

12/01/49

13,720,033‌

6,775,519

FNMA

3

.000

12/01/49

6,330,727‌

12,798,104

FNMA

3

.000

12/01/49

11,929,197‌

25,849,444

FNMA

3

.000

02/01/50

24,331,653‌

12,254,980

FNMA

3

.500

02/01/50

11,908,579‌

16,089,536

FNMA

3

.000

03/01/50

15,006,075‌

23,327,299

FNMA

3

.000

05/01/50

21,789,564‌

12,923,148

FNMA

3

.000

06/01/50

12,062,170‌

11,063,947

FNMA

4

.000

06/01/50

10,994,243‌

12,701,873

FNMA

4

.000

08/01/50

12,597,257‌

33,136,501

FNMA

2

.500

09/01/50

29,900,733‌

178,560,588

FNMA

2

.500

10/01/50

161,061,910‌

21,835,630

FNMA

1

.500

11/01/50

18,174,734‌

107,835,732

FNMA

2

.000

11/01/50

94,030,147‌

16,028,650

FNMA

2

.500

11/01/50

14,457,180‌

61,518,245

FNMA

1

.500

12/01/50

51,191,090‌

114,445,367

FNMA

2

.000

12/01/50

99,788,872‌

10,382,046

FNMA

2

.500

12/01/50

9,362,259‌

86,813,566

FNMA

2

.000

01/01/51

75,696,549‌

8,991,179

FNMA

1

.500

02/01/51

7,480,155‌

8,257,060

FNMA

2

.000

02/01/51

7,200,573‌

105,449,396

FNMA

2

.500

02/01/51

95,035,974‌

54,245,516

FNMA

1

.500

03/01/51

45,128,497‌

117,886,082

FNMA

2

.000

03/01/51

102,823,291‌

23,452,170

FNMA

1

.500

04/01/51

19,511,260‌

142,249,150

FNMA

2

.000

04/01/51

123,648,586‌

32,529,953

FNMA

2

.500

04/01/51

29,317,028‌

90,601,495

FNMA

2

.000

05/01/51

78,716,328‌

87,077,447

FNMA

2

.000

06/01/51

75,942,421‌

52,002,112

FNMA

2

.500

06/01/51

46,959,335‌

55,599,954

FNMA

2

.000

07/01/51

48,487,052‌

85,056,181

FNMA

2

.000

08/01/51

74,055,884‌

105,396,650

FNMA

2

.500

08/01/51

94,973,079‌

47,282,873

FNMA

2

.000

09/01/51

41,185,461‌

45,918,135

FNMA

2

.500

09/01/51

41,375,064‌

91,506,290

FNMA

2

.000

11/01/51

79,640,498‌

47,441,000

FNMA

2

.500

11/01/51

42,745,494‌

96,979,298

FNMA

2

.000

12/01/51

84,402,836‌

77,931,381

FNMA

2

.000

12/01/51

67,731,431‌

86,455,571

FNMA

2

.500

12/01/51

77,896,204‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

122

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

96,971,490

FNMA

2

.500

%

01/01/52

$

87,370,266‌

105,841,817

FNMA

3

.000

01/01/52

98,825,698‌

63,751,169

FNMA

2

.000

02/01/52

55,410,200‌

19,075,119

FNMA

3

.500

02/01/52

18,367,551‌

93,125,185

FNMA

2

.500

03/01/52

83,824,148‌

9,772,493

FNMA

3

.500

03/01/52

9,409,794‌

37,201,100

FNMA

2

.000

04/01/52

32,332,829‌

9,856,212

FNMA

3

.500

04/01/52

9,490,398‌

41,672,008

FNMA

2

.500

05/01/52

37,527,530‌

20,330,601

FNMA

3

.000

05/01/52

18,961,134‌

7,930,458

FNMA

3

.500

05/01/52

7,636,121‌

61,496,376

FNMA

4

.000

05/01/52

60,713,504‌

9,961,315

FNMA

2

.500

06/01/52

8,970,881‌

4,980,527

FNMA

3

.500

06/01/52

4,795,678‌

14,947,436

FNMA

4

.000

06/01/52

14,757,142‌

34,886,498

FNMA

4

.500

06/01/52

35,061,471‌

10,000,000

h

FNMA

4

.000

07/01/52

9,874,175‌

10,000,000

FNMA

4

.500

07/01/52

10,050,156‌

25,000,000

h

FNMA

5

.000

07/01/52

25,540,856‌

1,939,513

FNMA

3

.500

07/01/55

1,896,594‌

286

Government

National

Mortgage

Association

(GNMA)

4

.500

01/20/24

293‌

3,425

GNMA

4

.000

04/15/24

3,498‌

231

GNMA

4

.500

07/15/24

238‌

15,570

GNMA

4

.000

08/15/24

15,910‌

3,824

GNMA

4

.500

08/15/24

3,927‌

9,877

GNMA

4

.000

09/15/24

10,049‌

2,671

GNMA

4

.500

01/15/25

2,743‌

25,112

GNMA

4

.000

08/15/25

25,664‌

12,227

GNMA

3

.500

03/15/26

12,234‌

13,727

GNMA

4

.000

04/15/26

14,031‌

15,325

GNMA

4

.000

06/20/26

15,515‌

24,244

GNMA

3

.500

11/20/26

24,226‌

119,062

GNMA

3

.000

12/15/26

118,150‌

391,633

GNMA

2

.500

04/20/27

381,519‌

310,087

GNMA

2

.500

09/20/27

302,672‌

190

GNMA

6

.500

09/15/28

200‌

103

GNMA

6

.500

09/15/28

108‌

853

GNMA

6

.500

11/15/28

896‌

160

GNMA

7

.500

11/15/28

160‌

466,726

GNMA

3

.500

11/20/28

467,096‌

5,143

GNMA

8

.500

10/15/30

5,255‌

1,716

GNMA

8

.500

10/20/30

1,856‌

214

GNMA

8

.500

12/15/30

239‌

257

GNMA

7

.000

06/20/31

276‌

226

GNMA

7

.000

07/15/31

226‌

2,304,612

GNMA

3

.000

08/20/32

2,251,002‌

88,736

GNMA

6

.000

10/15/32

97,401‌

11,899

GNMA

5

.500

12/20/32

12,854‌

29,087

GNMA

5

.500

05/15/33

30,477‌

3,213

GNMA

5

.000

07/15/33

3,329‌

12,923

GNMA

5

.500

07/15/33

13,763‌

3,319

GNMA

5

.000

07/20/33

3,528‌

9,123

GNMA

5

.000

08/15/33

9,451‌

13,302

GNMA

5

.000

08/15/33

13,788‌

59,472

GNMA

5

.500

09/15/33

64,250‌

45,039

GNMA

6

.000

11/20/33

48,870‌

19,321

GNMA

5

.500

05/20/34

20,284‌

29,431

GNMA

6

.000

09/20/34

32,238‌

1,891

GNMA

5

.000

10/20/34

2,009‌

51,736

GNMA

5

.500

11/15/34

55,835‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

123

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

28,391

GNMA

6

.500

%

01/15/35

$

30,607‌

15,345

GNMA

5

.500

02/20/35

16,325‌

280,834

GNMA

5

.000

03/20/35

298,446‌

85,571

GNMA

5

.000

04/15/35

89,859‌

88,034

GNMA

5

.500

05/20/35

95,073‌

3,056

GNMA

5

.000

09/20/35

3,208‌

3,203

GNMA

5

.000

11/15/35

3,319‌

2,049

GNMA

5

.000

11/15/35

2,169‌

24,177

GNMA

5

.500

02/20/36

26,110‌

3,289

GNMA

5

.500

03/15/36

3,577‌

7,530

GNMA

5

.500

05/20/36

8,038‌

2,947

GNMA

6

.500

06/15/36

3,166‌

73,672

GNMA

5

.500

06/20/36

79,546‌

4,528

GNMA

5

.000

09/15/36

4,798‌

2,244

GNMA

6

.000

09/15/36

2,394‌

7,288

GNMA

6

.000

10/20/36

7,973‌

4,881

GNMA

5

.000

12/15/36

5,170‌

4,472

GNMA

6

.000

01/20/37

4,891‌

58,236

GNMA

5

.500

02/15/37

61,841‌

16,184

GNMA

6

.000

02/20/37

17,820‌

111,302

GNMA

6

.000

04/15/37

123,094‌

41,346

GNMA

6

.000

04/20/37

43,741‌

7,051

GNMA

6

.000

06/15/37

7,431‌

8,765

GNMA

6

.000

08/20/37

9,595‌

7,571

GNMA

6

.500

08/20/37

8,248‌

34,450

GNMA

6

.500

11/20/37

38,106‌

11,228

GNMA

6

.000

12/15/37

12,246‌

1,798

GNMA

5

.000

02/20/38

1,912‌

41,287

GNMA

5

.000

04/15/38

43,132‌

1,493

GNMA

5

.500

05/20/38

1,586‌

6,411

GNMA

5

.500

06/15/38

6,905‌

22,720

GNMA

6

.000

06/20/38

24,847‌

22,280

GNMA

5

.500

07/15/38

24,131‌

164,539

GNMA

5

.000

07/20/38

174,898‌

156,806

GNMA

5

.500

07/20/38

165,345‌

4,658

GNMA

5

.500

08/15/38

5,100‌

51,946

GNMA

6

.000

08/15/38

57,492‌

42,699

GNMA

6

.000

08/15/38

45,095‌

15,600

GNMA

6

.000

08/20/38

17,169‌

61,145

GNMA

6

.000

09/20/38

66,628‌

33,165

GNMA

5

.000

10/15/38

34,352‌

6,184

GNMA

5

.500

10/15/38

6,671‌

7,603

GNMA

6

.500

10/20/38

7,842‌

3,244

GNMA

6

.500

10/20/38

3,575‌

824

GNMA

5

.500

11/15/38

902‌

14,260

GNMA

6

.500

11/20/38

15,621‌

62,052

GNMA

6

.000

12/15/38

66,277‌

922

GNMA

6

.500

12/15/38

992‌

12,066

GNMA

5

.000

01/15/39

12,783‌

235,065

GNMA

4

.500

01/20/39

245,766‌

34,336

GNMA

6

.500

01/20/39

37,700‌

9,543

GNMA

5

.000

02/15/39

10,079‌

740

GNMA

6

.000

02/15/39

779‌

8,491

GNMA

4

.500

03/15/39

8,863‌

107,323

GNMA

4

.500

03/15/39

111,556‌

3,296

GNMA

4

.500

03/20/39

3,446‌

65,996

GNMA

5

.500

03/20/39

71,274‌

5,853

GNMA

4

.500

04/15/39

6,081‌

122,859

GNMA

5

.500

04/15/39

134,513‌

2,248

GNMA

5

.000

04/20/39

2,389‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

124

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

9,737

GNMA

4

.000

%

05/15/39

$

9,962‌

157,538

GNMA

4

.500

05/15/39

163,992‌

78,786

GNMA

5

.000

05/15/39

82,865‌

11,980

GNMA

4

.000

05/20/39

12,181‌

29,110

GNMA

4

.500

05/20/39

30,429‌

689,088

GNMA

5

.000

05/20/39

732,303‌

410,052

GNMA

4

.500

06/15/39

431,814‌

4,966

GNMA

4

.500

06/15/39

5,183‌

680,798

GNMA

5

.000

06/15/39

717,575‌

529,173

GNMA

5

.000

06/15/39

557,811‌

10,705

GNMA

5

.000

06/15/39

11,341‌

4,478

GNMA

5

.000

06/15/39

4,729‌

5,134

GNMA

5

.000

06/15/39

5,438‌

6,633

GNMA

4

.000

06/20/39

6,743‌

4,388

GNMA

5

.000

06/20/39

4,663‌

450,346

GNMA

4

.000

07/15/39

458,263‌

5,234

GNMA

4

.500

07/15/39

5,441‌

14,059

GNMA

4

.500

07/15/39

14,609‌

569,159

GNMA

4

.500

07/15/39

593,734‌

7,105

GNMA

5

.000

07/15/39

7,531‌

63,474

GNMA

4

.500

07/20/39

66,350‌

59,671

GNMA

5

.000

07/20/39

63,397‌

6,952

GNMA

5

.500

07/20/39

7,506‌

28,837

GNMA

4

.000

08/15/39

29,433‌

53,169

GNMA

5

.000

08/15/39

56,034‌

4,902

GNMA

5

.500

08/15/39

5,300‌

18,113

GNMA

6

.000

08/15/39

19,066‌

19,622

GNMA

4

.000

08/20/39

19,948‌

15,044

GNMA

5

.000

08/20/39

15,988‌

5,171

GNMA

5

.000

09/15/39

5,360‌

20,601

GNMA

5

.000

09/20/39

21,743‌

4,336

GNMA

4

.500

10/15/39

4,507‌

2,325

GNMA

5

.000

10/15/39

2,456‌

6,382

GNMA

4

.500

10/20/39

6,672‌

13,673

GNMA

4

.500

11/15/39

14,256‌

9,268

GNMA

4

.500

11/20/39

9,690‌

11,325

GNMA

5

.000

11/20/39

12,035‌

308,516

GNMA

4

.500

12/15/39

321,182‌

20,305

GNMA

4

.500

12/15/39

20,965‌

9,261

GNMA

4

.500

12/20/39

9,545‌

357,300

GNMA

5

.000

12/20/39

379,722‌

305,342

GNMA

4

.500

01/20/40

319,192‌

5,458

GNMA

5

.500

01/20/40

5,891‌

208,194

GNMA

5

.500

02/15/40

227,801‌

27,473

GNMA

4

.000

03/15/40

28,148‌

5,309

GNMA

5

.000

03/15/40

5,522‌

1,406

GNMA

4

.500

04/15/40

1,447‌

54,480

GNMA

5

.000

04/15/40

57,335‌

12,389

GNMA

4

.500

04/20/40

12,950‌

1,874

GNMA

4

.500

05/15/40

1,952‌

58,202

GNMA

5

.000

05/15/40

61,227‌

94,223

i

GNMA

DGS1

+

1.500%

1

.875

05/20/40

94,605‌

2,596

GNMA

4

.500

05/20/40

2,714‌

1,189,415

GNMA

4

.500

06/15/40

1,241,557‌

3,568

GNMA

4

.500

06/15/40

3,698‌

3,557

GNMA

4

.500

06/15/40

3,704‌

65,037

GNMA

5

.000

06/20/40

69,125‌

33,385

GNMA

4

.500

07/15/40

34,691‌

112,221

GNMA

4

.500

07/15/40

116,860‌

438,050

GNMA

4

.500

07/20/40

457,977‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

125

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

13,310

GNMA

5

.000

%

07/20/40

$

14,096‌

86,240

GNMA

4

.000

08/15/40

87,497‌

473,757

GNMA

4

.000

08/15/40

480,901‌

42,700

GNMA

4

.500

08/15/40

44,685‌

32,303

GNMA

4

.500

08/20/40

33,767‌

28,529

GNMA

4

.500

09/20/40

29,829‌

11,146

GNMA

5

.500

09/20/40

12,043‌

10,218

GNMA

6

.500

09/20/40

10,972‌

14,711

GNMA

4

.000

10/15/40

14,998‌

23,735

GNMA

6

.000

10/20/40

25,955‌

168,616

GNMA

4

.000

11/15/40

171,071‌

373,804

GNMA

4

.000

11/20/40

380,027‌

83,538

GNMA

3

.500

12/15/40

83,256‌

171,079

GNMA

5

.500

12/20/40

184,727‌

476,655

GNMA

4

.000

01/15/41

488,189‌

1,011,326

GNMA

4

.000

01/20/41

1,024,348‌

96,112

GNMA

4

.000

02/15/41

98,457‌

275,654

GNMA

4

.500

02/20/41

290,530‌

161,446

GNMA

4

.500

03/15/41

168,432‌

315,821

GNMA

4

.500

04/20/41

330,157‌

72,389

GNMA

5

.000

04/20/41

76,931‌

23,812

i

GNMA

DGS1

+

1.500%

1

.875

06/20/41

23,930‌

69,483

GNMA

4

.000

07/15/41

71,199‌

129,969

GNMA

4

.000

07/20/41

132,133‌

444,960

GNMA

4

.500

07/20/41

465,150‌

393,555

GNMA

5

.000

07/20/41

418,244‌

84,858

GNMA

4

.500

08/15/41

88,353‌

189,770

GNMA

5

.000

08/20/41

201,680‌

266,571

GNMA

4

.000

09/15/41

270,885‌

14,670

i

GNMA

DGS1

+

1.500%

1

.625

09/20/41

14,635‌

612,188

GNMA

4

.000

09/20/41

622,406‌

43,262

GNMA

4

.000

10/15/41

44,321‌

28,757

i

GNMA

DGS1

+

1.500%

1

.750

10/20/41

28,629‌

16,953

i

GNMA

DGS1

+

1.500%

1

.750

10/20/41

16,871‌

783,283

GNMA

4

.000

10/20/41

796,326‌

115,458

GNMA

5

.500

10/20/41

124,663‌

215,719

GNMA

3

.500

11/15/41

215,479‌

547,611

GNMA

4

.000

11/15/41

558,331‌

1,048,677

GNMA

4

.500

11/20/41

1,096,228‌

459,857

GNMA

5

.000

11/20/41

488,705‌

102,864

GNMA

6

.000

11/20/41

112,492‌

550,773

GNMA

3

.500

01/20/42

546,801‌

78,942

i

GNMA

DGS1

+

1.500%

2

.625

02/20/42

79,961‌

263,122

GNMA

3

.500

03/20/42

261,226‌

504,378

GNMA

4

.500

03/20/42

527,420‌

491,921

GNMA

3

.500

04/15/42

491,474‌

1,051,453

GNMA

3

.500

05/20/42

1,038,677‌

2,496,210

GNMA

3

.500

05/20/42

2,478,222‌

583,563

GNMA

4

.000

05/20/42

597,085‌

1,057,959

GNMA

3

.500

07/15/42

1,056,998‌

105,150

i

GNMA

DGS1

+

1.500%

1

.625

07/20/42

104,950‌

584,934

GNMA

3

.500

07/20/42

580,716‌

771,337

GNMA

3

.000

08/20/42

739,796‌

1,073,460

GNMA

3

.500

08/20/42

1,065,813‌

2,430,644

GNMA

3

.500

08/20/42

2,404,999‌

576,453

GNMA

6

.000

08/20/42

630,781‌

984,805

GNMA

3

.500

10/20/42

972,867‌

1,145,679

GNMA

3

.000

11/20/42

1,098,863‌

1,128,383

GNMA

3

.000

12/20/42

1,061,314‌

1,335,747

GNMA

3

.000

12/20/42

1,281,141‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

126

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

762,553

GNMA

3

.000

%

01/15/43

$

727,818‌

2,910,122

GNMA

3

.000

01/15/43

2,777,549‌

998,382

GNMA

3

.000

01/20/43

957,583‌

1,699,666

GNMA

3

.000

02/20/43

1,630,216‌

1,354,149

GNMA

3

.000

02/20/43

1,308,548‌

284,426

GNMA

3

.000

04/15/43

271,455‌

322,475

GNMA

5

.000

04/20/43

342,800‌

676,340

GNMA

3

.000

05/20/43

648,700‌

1,028,518

GNMA

3

.000

06/20/43

986,473‌

2,593,250

GNMA

3

.500

06/20/43

2,561,734‌

2,244,442

GNMA

3

.000

07/20/43

2,152,604‌

1,061,825

GNMA

3

.500

07/20/43

1,054,165‌

4,502,372

GNMA

4

.500

08/20/43

4,750,627‌

1,469,286

GNMA

3

.500

09/20/43

1,458,702‌

477,548

GNMA

4

.000

09/20/43

481,400‌

6,183,952

GNMA

3

.500

10/20/43

6,139,404‌

2,855,583

GNMA

4

.000

10/20/43

2,878,622‌

263,195

GNMA

3

.500

11/20/43

261,300‌

513,712

GNMA

4

.000

11/20/43

517,856‌

495,530

GNMA

4

.500

12/20/43

522,553‌

545,365

GNMA

4

.500

01/20/44

575,439‌

646,187

GNMA

3

.500

02/20/44

641,535‌

879,038

GNMA

4

.000

02/20/44

886,130‌

876,163

GNMA

4

.000

05/20/44

883,233‌

912,862

GNMA

4

.000

06/20/44

920,227‌

2,372,050

GNMA

3

.500

07/20/44

2,353,039‌

7,255,327

GNMA

3

.500

10/20/44

7,188,244‌

754,043

GNMA

4

.500

10/20/44

789,753‌

1,678,944

GNMA

3

.500

11/20/44

1,662,740‌

2,094,843

GNMA

3

.000

12/20/44

2,010,026‌

3,875,952

GNMA

4

.000

12/20/44

3,907,229‌

5,303,458

GNMA

3

.500

02/20/45

5,247,887‌

3,098,261

GNMA

4

.000

03/20/45

3,123,262‌

2,151,290

GNMA

3

.000

04/20/45

2,063,486‌

4,598,215

GNMA

3

.000

06/20/45

4,410,346‌

10,450,067

GNMA

3

.000

07/20/45

10,023,134‌

3,568,373

GNMA

4

.000

10/20/45

3,597,174‌

6,016,265

GNMA

4

.000

11/20/45

6,075,984‌

2,654,017

GNMA

3

.000

12/20/45

2,545,699‌

2,399,654

GNMA

3

.500

12/20/45

2,368,114‌

12,953,502

GNMA

3

.000

03/20/46

12,425,264‌

4,505,783

GNMA

3

.000

04/20/46

4,325,430‌

2,739,593

GNMA

4

.000

04/20/46

2,743,712‌

12,164,405

GNMA

3

.000

05/20/46

11,671,771‌

7,515,144

GNMA

3

.500

05/20/46

7,408,885‌

2,770,488

GNMA

3

.000

06/20/46

2,657,354‌

1,683,855

GNMA

3

.500

06/20/46

1,658,708‌

2,101,373

GNMA

3

.000

07/20/46

2,016,269‌

3,582,982

GNMA

3

.500

08/20/46

3,532,635‌

2,027,173

GNMA

3

.000

09/20/46

1,944,639‌

8,371,733

GNMA

3

.500

09/20/46

8,252,414‌

3,968,795

GNMA

3

.000

10/20/46

3,806,687‌

2,186,758

GNMA

3

.000

12/20/46

2,097,402‌

13,663,318

GNMA

3

.000

01/20/47

13,105,688‌

1,570,307

GNMA

4

.000

01/20/47

1,582,119‌

3,448,598

GNMA

4

.000

04/20/47

3,468,464‌

3,615,362

GNMA

3

.500

05/20/47

3,562,962‌

1,855,849

GNMA

3

.500

06/20/47

1,827,881‌

2,334,393

GNMA

3

.000

07/20/47

2,234,019‌

4,385,427

GNMA

4

.500

07/20/47

4,543,416‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

127

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

4,372,715

GNMA

3

.000

%

08/20/47

$

4,181,535‌

4,891,265

GNMA

3

.500

08/20/47

4,813,429‌

8,637,242

GNMA

3

.000

09/20/47

8,245,676‌

11,142,470

GNMA

4

.000

09/20/47

11,226,216‌

7,876,893

GNMA

3

.500

11/20/47

7,744,857‌

5,852,039

GNMA

3

.500

12/20/47

5,752,955‌

3,730,028

GNMA

3

.500

01/20/48

3,666,559‌

4,742,314

GNMA

4

.000

05/20/48

4,756,907‌

3,516,611

GNMA

4

.000

06/20/48

3,534,455‌

8,142,085

GNMA

3

.500

07/20/48

7,997,570‌

3,677,276

GNMA

4

.000

08/20/48

3,694,558‌

2,687,612

GNMA

5

.000

08/20/48

2,763,674‌

2,373,533

GNMA

4

.500

09/20/48

2,415,356‌

2,075,163

GNMA

5

.000

10/20/48

2,137,125‌

1,660,548

GNMA

4

.500

11/20/48

1,691,110‌

3,810,474

GNMA

3

.500

04/20/49

3,727,453‌

13,001,944

GNMA

4

.500

04/20/49

13,274,343‌

3,897,087

GNMA

4

.000

05/20/49

3,909,054‌

2,489,485

GNMA

3

.500

06/20/49

2,435,185‌

5,573,933

GNMA

3

.500

09/20/49

5,452,263‌

4,007,921

GNMA

3

.500

11/20/49

3,917,838‌

30,547,605

GNMA

2

.500

12/20/49

28,080,349‌

16,729,423

GNMA

3

.000

02/20/50

15,844,344‌

8,815,466

GNMA

3

.500

02/20/50

8,622,942‌

12,270,152

GNMA

3

.500

04/20/50

12,000,121‌

11,451,292

GNMA

3

.000

05/20/50

10,844,098‌

47,117,191

GNMA

3

.000

08/20/50

44,619,211‌

11,980,639

GNMA

3

.000

09/20/50

11,345,378‌

18,107,503

GNMA

2

.500

10/20/50

16,640,083‌

46,987,759

GNMA

2

.000

11/20/50

41,945,425‌

16,178,691

GNMA

2

.500

12/20/50

14,865,833‌

23,140,893

GNMA

2

.000

01/20/51

20,651,313‌

6,959,988

GNMA

2

.500

01/20/51

6,400,416‌

16,517,150

GNMA

2

.000

02/20/51

14,725,992‌

4,468,103

GNMA

1

.500

04/20/51

3,810,956‌

19,354,196

GNMA

2

.000

04/20/51

17,320,818‌

40,857,344

GNMA

2

.500

04/20/51

37,539,536‌

16,796,595

GNMA

2

.500

05/20/51

15,436,861‌

87,703,957

GNMA

2

.500

07/20/51

80,579,004‌

22,975,402

GNMA

2

.500

08/20/51

21,068,186‌

28,057,289

GNMA

2

.500

09/20/51

25,776,447‌

194,509,716

GNMA

2

.000

11/20/51

173,074,376‌

19,495,707

GNMA

2

.000

12/20/51

17,345,692‌

29,000,514

GNMA

2

.500

12/20/51

26,631,909‌

28,860,667

GNMA

3

.000

12/20/51

27,254,196‌

4,863,023

GNMA

3

.500

01/20/52

4,732,858‌

14,740,588

GNMA

2

.500

02/20/52

13,529,495‌

29,578,968

GNMA

3

.500

02/20/52

28,786,968‌

10,429,323

GNMA

2

.000

04/20/52

9,273,669‌

15,127,277

GNMA

2

.500

04/20/52

13,870,609‌

19,846,799

GNMA

3

.000

04/20/52

18,736,332‌

9,963,494

GNMA

2

.500

05/20/52

9,130,142‌

9,980,316

GNMA

4

.000

05/20/52

9,951,504‌

10,000,000

GNMA

4

.000

06/20/52

9,971,131‌

10,000,000

h

GNMA

3

.500

07/20/52

9,725,061‌

5,000,000

h

GNMA

4

.500

07/20/52

5,084,331‌

TOTAL

MORTGAGE

BACKED

5,509,516,733‌

MUNICIPAL

BONDS

-

0

.8

%

200,000

Alabama

Economic

Settlement

Authority

4

.263

09/15/32

199,384‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

128

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

250,000

Alabama

Federal

Aid

Highway

Finance

Authority

2

.650

%

09/01/37

$

202,269‌

300,000

American

Municipal

Power

7

.834

02/15/41

403,752‌

480,000

American

Municipal

Power

6

.270

02/15/50

554,467‌

1,165,000

American

Municipal

Power

8

.084

02/15/50

1,709,476‌

750,000

American

University

3

.672

04/01/49

641,275‌

750,000

Bay

Area

Toll

Authority

2

.574

04/01/31

685,468‌

1,000,000

Bay

Area

Toll

Authority

6

.918

04/01/40

1,226,409‌

2,000,000

Bay

Area

Toll

Authority

6

.263

04/01/49

2,552,216‌

755,000

Bay

Area

Toll

Authority

3

.126

04/01/55

593,562‌

100,000

California

Health

Facilities

Financing

Authority

4

.190

06/01/37

95,126‌

100,000

California

Health

Facilities

Financing

Authority

4

.353

06/01/41

93,680‌

200,000

California

Institute

of

Technology

4

.321

08/01/45

199,884‌

750,000

California

Institute

of

Technology

3

.650

09/01/19

566,337‌

200,000

California

State

University

3

.899

11/01/47

186,609‌

1,000,000

California

State

University

2

.897

11/01/51

793,758‌

750,000

California

State

University

2

.975

11/01/51

590,743‌

950,000

California

State

University

2

.939

11/01/52

725,040‌

720,000

Central

Puget

Sound

Regional

Transit

Authority

5

.491

11/01/39

817,566‌

1,665,000

Charlotte-Mecklenburg

Hospital

Authority

3

.204

01/15/51

1,293,137‌

460,000

Chicago

Metropolitan

Water

Reclamation

District-

Greater

Chicago

5

.720

12/01/38

533,064‌

2,250,000

Chicago

O'Hare

International

Airport

6

.395

01/01/40

2,774,756‌

200,000

Chicago

O'Hare

International

Airport

4

.472

01/01/49

202,360‌

200,000

Chicago

O'Hare

International

Airport

4

.572

01/01/54

205,260‌

680,000

City

of

Atlanta

GA

Water

&

Wastewater

Revenue

2

.257

11/01/35

553,018‌

690,000

City

of

Houston

TX

3

.961

03/01/47

645,501‌

140,000

City

of

Los

Angeles

Department

of

Airports

Customer

Facility

Charge

Revenue

4

.242

05/15/48

128,217‌

1,000,000

City

of

Riverside

CA

3

.857

06/01/45

891,935‌

310,000

City

of

San

Antonio

TX

Electric

&

Gas

Systems

Revenue

2

.905

02/01/48

241,529‌

310,000

City

of

San

Francisco

CA

Public

Utilities

Commission

Water

Revenue

3

.303

11/01/39

273,870‌

865,000

City

of

San

Francisco

CA

Public

Utilities

Commission

Water

Revenue

2

.825

11/01/41

687,633‌

875,000

City

of

Tucson

AZ

2

.856

07/01/47

671,910‌

750,000

City

Public

Service

Board

of

San

Antonio

TX

5

.808

02/01/41

875,968‌

150,000

Colorado

Bridge

Enterprise

6

.078

12/01/40

173,308‌

200,000

Commonwealth

Financing

Authority

4

.014

06/01/33

197,444‌

100,000

Commonwealth

Financing

Authority

3

.864

06/01/38

95,364‌

100,000

Commonwealth

Financing

Authority

4

.144

06/01/38

98,507‌

645,000

Commonwealth

Financing

Authority

3

.807

06/01/41

584,794‌

825,000

Commonwealth

Financing

Authority

2

.991

06/01/42

657,369‌

500,000

Commonwealth

of

Massachusetts

5

.731

06/01/40

569,630‌

1,000,000

Commonwealth

of

Massachusetts

2

.514

07/01/41

774,993‌

100,000

Commonwealth

of

Massachusetts

3

.277

06/01/46

83,788‌

750,000

Commonwealth

of

Massachusetts

2

.900

09/01/49

584,728‌

130,000

County

of

Broward

FL

Airport

System

Revenue

3

.477

10/01/43

109,536‌

200,000

County

of

Clark

NV

6

.820

07/01/45

257,907‌

135,000

County

of

Miami-Dade

FL

Aviation

Revenue

4

.280

10/01/41

125,976‌

200,000

County

of

Miami-Dade

FL

Water

&

Sewer

System

Revenue

3

.490

10/01/42

168,805‌

1,000,000

County

of

Riverside

CA

3

.818

02/15/38

946,506‌

1,485,000

Dallas

Area

Rapid

Transit

2

.613

12/01/48

1,093,072‌

750,000

Dallas

Area

Rapid

Transit

5

.022

12/01/48

818,039‌

255,000

Dallas

Fort

Worth

International

Airport

2

.843

11/01/46

198,256‌

235,000

Dallas

Fort

Worth

International

Airport

4

.087

11/01/51

229,209‌

445,000

Dallas

Fort

Worth

International

Airport

4

.507

11/01/51

432,524‌

250,000

Dallas/Fort

Worth

International

Airport

2

.994

11/01/38

217,197‌

235,000

Dallas/Fort

Worth

International

Airport

3

.089

11/01/40

195,913‌

100,000

Dallas/Fort

Worth

International

Airport

3

.144

11/01/45

80,988‌

210,000

Dallas/Fort

Worth

International

Airport

2

.919

11/01/50

165,064‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

129

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

350,000

Denver

City

&

County

School

District

No.

1

4

.242

%

12/15/37

$

339,612‌

200,000

District

of

Columbia

5

.591

12/01/34

221,139‌

470,000

District

of

Columbia

Water

&

Sewer

Authority

3

.207

10/01/48

370,796‌

445,000

District

of

Columbia

Water

&

Sewer

Authority

4

.814

10/01/14

446,571‌

500,000

Duke

University

2

.682

10/01/44

385,688‌

115,000

Duke

University

3

.299

10/01/46

98,780‌

500,000

Duke

University

2

.757

10/01/50

377,739‌

500,000

Duke

University

2

.832

10/01/55

381,300‌

5,000

Energy

Northwest

2

.814

07/01/24

4,974‌

360,000

Foothill-Eastern

Transportation

Corridor

Agency

4

.094

01/15/49

314,615‌

300,000

Foothill-Eastern

Transportation

Corridor

Agency

3

.924

01/15/53

261,292‌

300,000

George

Washington

University

4

.300

09/15/44

283,546‌

200,000

George

Washington

University

4

.868

09/15/45

204,863‌

375,000

George

Washington

University

4

.126

09/15/48

344,809‌

100,000

Georgetown

University

4

.315

04/01/49

92,209‌

500,000

Georgetown

University

2

.943

04/01/50

353,642‌

300,000

Georgetown

University

5

.215

10/01/18

289,219‌

1,000,000

Golden

State

Tobacco

Securitization

Corp

3

.487

06/01/36

839,817‌

1,500,000

Golden

State

Tobacco

Securitization

Corp

3

.115

06/01/38

1,258,651‌

430,000

Golden

State

Tobacco

Securitization

Corp

3

.714

06/01/41

349,061‌

770,000

Golden

State

Tobacco

Securitization

Corp

3

.850

06/01/50

693,862‌

1,000,000

Golden

State

Tobacco

Securitization

Corp

4

.214

06/01/50

813,920‌

970,000

Grand

Parkway

Transportation

Corp

3

.236

10/01/52

776,579‌

175,000

Great

Lakes

Water

Authority

Sewage

Disposal

System

Revenue

3

.056

07/01/39

147,638‌

330,000

Great

Lakes

Water

Authority

Water

Supply

System

Revenue

3

.473

07/01/41

287,168‌

200,000

Health

&

Educational

Facilities

Authority

of

the

State

of

Missouri

3

.651

01/15/46

184,598‌

200,000

Health

&

Educational

Facilities

Authority

of

the

State

of

Missouri

3

.086

09/15/51

162,427‌

200,000

Health

&

Educational

Facilities

Authority

of

the

State

of

Missouri

3

.652

08/15/57

179,221‌

1,500,000

Idaho

Energy

Resources

Authority

2

.861

09/01/46

1,157,941‌

500,000

Illinois

State

Toll

Highway

Authority

6

.184

01/01/34

576,172‌

385,000

Indiana

Finance

Authority

3

.051

01/01/51

310,855‌

770,000

JobsOhio

Beverage

System

2

.833

01/01/38

642,242‌

1,500,000

Kansas

Development

Finance

Authority

2

.774

05/01/51

1,154,289‌

1,000,000

Los

Angeles

Community

College

District

1

.606

08/01/28

889,500‌

1,000,000

Los

Angeles

Community

College

District

1

.806

08/01/30

862,485‌

770,000

Los

Angeles

Community

College

District

2

.106

08/01/32

653,488‌

240,000

Los

Angeles

Community

College

District

6

.750

08/01/49

330,506‌

350,000

Los

Angeles

Department

of

Water

&

Power

Power

System

Revenue

5

.716

07/01/39

405,028‌

1,500,000

Los

Angeles

Department

of

Water

&

Power

Power

System

Revenue

6

.574

07/01/45

1,911,698‌

1,630,000

Los

Angeles

Unified

School

District

5

.750

07/01/34

1,810,822‌

1,000,000

Louisiana

Local

Government

Environmental

Facilities

&

Community

Development

Auth

4

.145

02/01/33

1,000,354‌

1,000,000

Louisiana

Local

Government

Environmental

Facilities

&

Community

Development

Auth

4

.275

02/01/36

994,429‌

830,000

Louisiana

Local

Government

Environmental

Facilities

&

Community

Development

Auth

4

.475

08/01/39

821,646‌

1,000,000

Maryland

Health

&

Higher

Educational

Facilities

Authority

3

.052

07/01/40

791,634‌

1,000,000

Maryland

Health

&

Higher

Educational

Facilities

Authority

3

.197

07/01/50

759,173‌

1,000,000

Massachusetts

School

Building

Authority

1

.753

08/15/30

861,146‌

100,000

Massachusetts

School

Building

Authority

5

.715

08/15/39

112,018‌

500,000

Massachusetts

School

Building

Authority

3

.395

10/15/40

422,297‌

1,000,000

Massachusetts

Water

Resources

Authority

2

.823

08/01/41

824,394‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

130

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

100,000

Metropolitan

Government

of

Nashville

&

Davidson

County

Convention

Center

Authority

6

.731

%

07/01/43

$

121,753‌

200,000

Metropolitan

Government

of

Nashville

&

Davidson

County

Health

&

Educational

Facilities

4

.053

07/01/26

201,983‌

940,000

Metropolitan

Transportation

Authority

6

.648

11/15/39

1,098,184‌

1,150,000

Metropolitan

Transportation

Authority

7

.336

11/15/39

1,542,255‌

335,000

Metropolitan

Transportation

Authority

5

.175

11/15/49

345,653‌

350,000

Michigan

Finance

Authority

3

.384

12/01/40

301,441‌

570,000

Michigan

State

Building

Authority

2

.705

10/15/40

432,121‌

235,000

Michigan

State

University

4

.496

08/15/48

230,269‌

1,000,000

Michigan

State

University

4

.165

08/15/22

843,145‌

770,000

Michigan

Strategic

Fund

3

.225

09/01/47

595,305‌

500,000

Missouri

Highway

&

Transportation

Commission

5

.445

05/01/33

547,562‌

241,000

Municipal

Electric

Authority

of

Georgia

6

.637

04/01/57

282,862‌

480,000

Municipal

Electric

Authority

of

Georgia

6

.655

04/01/57

575,237‌

947,000

New

Jersey

Economic

Development

Authority

7

.425

02/15/29

1,063,925‌

1,335,000

New

Jersey

State

Turnpike

Authority

7

.414

01/01/40

1,771,689‌

1,000,000

New

Jersey

State

Turnpike

Authority

7

.102

01/01/41

1,290,657‌

800,000

New

Jersey

Transportation

Trust

Fund

Authority

5

.754

12/15/28

838,011‌

500,000

New

Jersey

Transportation

Trust

Fund

Authority

4

.081

06/15/39

449,824‌

195,000

New

Jersey

Transportation

Trust

Fund

Authority

4

.131

06/15/42

169,348‌

2,385,000

New

York

City

Municipal

Water

Finance

Authority

5

.440

06/15/43

2,740,638‌

1,000,000

New

York

City

Transitional

Finance

Authority

Future

Tax

Secured

Revenue

5

.767

08/01/36

1,093,248‌

1,000,000

New

York

State

Dormitory

Authority

2

.202

03/15/34

816,404‌

130,000

New

York

State

Dormitory

Authority

5

.628

03/15/39

143,778‌

545,000

New

York

State

Dormitory

Authority

5

.600

03/15/40

603,817‌

500,000

New

York

State

Dormitory

Authority

3

.142

07/01/43

422,434‌

200,000

New

York

State

Dormitory

Authority

4

.946

08/01/48

189,483‌

500,000

New

York

State

Thruway

Authority

2

.900

01/01/35

437,499‌

110,000

New

York

State

Thruway

Authority

3

.500

01/01/42

93,648‌

1,000,000

New

York

State

Urban

Development

Corp

3

.900

03/15/33

975,778‌

2,000,000

North

Texas

Tollway

Authority

3

.011

01/01/43

1,611,884‌

1,000,000

North

Texas

Tollway

Authority

6

.718

01/01/49

1,347,239‌

675,000

Ohio

State

Water

Development

Authority

4

.879

12/01/34

711,251‌

605,000

Ohio

Turnpike

&

Infrastructure

Commission

3

.216

02/15/48

471,996‌

678,791

Oregon

School

Boards

Association

4

.759

06/30/28

693,205‌

250,000

Oregon

School

Boards

Association

5

.680

06/30/28

265,507‌

1,000,000

Oregon

State

University

3

.424

03/01/60

813,252‌

500,000

Pennsylvania

State

University

2

.790

09/01/43

404,024‌

205,000

Pennsylvania

State

University

2

.840

09/01/50

159,425‌

300,000

Permanent

University

Fund-Texas

A&M

University

System

3

.660

07/01/47

276,636‌

200,000

Permanent

University

Fund-University

of

Texas

System

3

.376

07/01/47

172,782‌

560,000

Port

Authority

of

New

York

&

New

Jersey

1

.086

07/01/23

549,621‌

1,215,000

Port

Authority

of

New

York

&

New

Jersey

6

.040

12/01/29

1,364,136‌

500,000

Port

Authority

of

New

York

&

New

Jersey

5

.647

11/01/40

560,001‌

300,000

Port

Authority

of

New

York

&

New

Jersey

4

.823

06/01/45

295,457‌

1,000,000

Port

Authority

of

New

York

&

New

Jersey

5

.310

08/01/46

1,009,700‌

200,000

Port

Authority

of

New

York

&

New

Jersey

4

.031

09/01/48

183,662‌

900,000

Port

Authority

of

New

York

&

New

Jersey

3

.139

02/15/51

711,716‌

400,000

Port

Authority

of

New

York

&

New

Jersey

4

.229

10/15/57

374,518‌

1,600,000

Port

Authority

of

New

York

&

New

Jersey

3

.175

07/15/60

1,196,783‌

2,200,000

Port

Authority

of

New

York

&

New

Jersey

4

.810

10/15/65

2,270,827‌

250,000

Port

Authority

of

New

York

&

New

Jersey

3

.287

08/01/69

185,297‌

1,000,000

Port

of

Morrow

OR

2

.543

09/01/40

782,156‌

220,000

Princeton

University

5

.700

03/01/39

258,911‌

1,000,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

4

.132

05/15/32

990,098‌

750,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

3

.006

05/15/50

565,827‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

131

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

1,500,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

4

.563

%

05/15/53

$

1,472,984‌

750,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

3

.256

05/15/60

557,482‌

750,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

3

.706

05/15/20

545,747‌

500,000

Rutgers

The

State

University

of

New

Jersey

3

.270

05/01/43

418,727‌

500,000

Rutgers

The

State

University

of

New

Jersey

3

.915

05/01/19

388,761‌

195,000

Sales

Tax

Securitization

Corp

4

.637

01/01/40

193,527‌

1,125,000

Sales

Tax

Securitization

Corp

3

.238

01/01/42

947,376‌

200,000

Sales

Tax

Securitization

Corp

3

.587

01/01/43

178,801‌

1,000,000

Sales

Tax

Securitization

Corp

3

.820

01/01/48

881,763‌

200,000

Sales

Tax

Securitization

Corp

4

.787

01/01/48

203,315‌

100,000

Salt

River

Project

Agricultural

Improvement

&

Power

District

4

.839

01/01/41

106,501‌

435,000

San

Diego

County

Regional

Transportation

Commission

3

.248

04/01/48

372,245‌

500,000

San

Diego

County

Water

Authority

6

.138

05/01/49

615,928‌

1,000,000

San

Joaquin

Hills

Transportation

Corridor

Agency

3

.492

01/15/50

804,499‌

100,000

San

Jose

Redevelopment

Agency

3

.375

08/01/34

91,148‌

800,000

Santa

Clara

Valley

Transportation

Authority

5

.876

04/01/32

868,643‌

270,000

South

Carolina

Public

Service

Authority

2

.388

12/01/23

265,439‌

750,000

State

Board

of

Administration

Finance

Corp

1

.258

07/01/25

701,706‌

750,000

State

Board

of

Administration

Finance

Corp

1

.705

07/01/27

678,370‌

400,000

State

Board

of

Administration

Finance

Corp

2

.154

07/01/30

347,491‌

200,000

State

of

California

3

.375

04/01/25

199,869‌

200,000

State

of

California

3

.500

04/01/28

197,600‌

300,000

State

of

California

4

.500

04/01/33

307,216‌

250,000

State

of

California

7

.500

04/01/34

320,873‌

225,000

State

of

California

4

.600

04/01/38

227,508‌

1,285,000

State

of

California

7

.550

04/01/39

1,743,087‌

3,400,000

State

of

California

7

.300

10/01/39

4,398,263‌

2,740,000

State

of

California

7

.625

03/01/40

3,703,580‌

1,500,000

State

of

California

7

.600

11/01/40

2,071,353‌

620,000

State

of

Connecticut

5

.850

03/15/32

694,730‌

5,950,000

State

of

Illinois

5

.100

06/01/33

5,986,233‌

1,295,000

State

of

Illinois

6

.725

04/01/35

1,372,134‌

500,000

State

of

Kansas

Department

of

Transportation

4

.596

09/01/35

532,894‌

2,000,000

State

of

Louisiana

Gasoline

&

Fuels

Tax

Revenue

2

.952

05/01/41

1,633,906‌

59,870

State

of

Oregon

5

.762

06/01/23

61,293‌

85,000

State

of

Oregon

5

.892

06/01/27

90,791‌

100,000

State

of

Oregon

Department

of

Transportation

5

.834

11/15/34

114,047‌

600,000

State

of

Texas

4

.631

04/01/33

633,768‌

50,000

State

of

Texas

5

.517

04/01/39

56,611‌

1,000,000

State

of

Texas

4

.681

04/01/40

1,041,369‌

500,000

State

of

Utah

3

.539

07/01/25

503,163‌

200,000

State

of

Washington

5

.090

08/01/33

213,011‌

200,000

State

of

Wisconsin

3

.154

05/01/27

195,550‌

200,000

State

of

Wisconsin

3

.954

05/01/36

196,930‌

604,000

State

Public

School

Building

Authority

5

.000

09/15/27

627,400‌

100,000

Sumter

Landing

Community

Development

District

4

.172

10/01/47

89,719‌

430,000

Texas

Private

Activity

Bond

Surface

Transportation

Corp

3

.922

12/31/49

378,103‌

1,000,000

Texas

Transportation

Commission

2

.562

04/01/42

808,711‌

1,000,000

Texas

Transportation

Commission

2

.472

10/01/44

754,167‌

575,000

Texas

Transportation

Commission

State

Highway

Fund

5

.028

04/01/26

593,613‌

1,190,000

Texas

Transportation

Commission

State

Highway

Fund

5

.178

04/01/30

1,270,386‌

560,000

Texas

Transportation

Commission

State

Highway

Fund

4

.000

10/01/33

555,769‌

100,000

The

Ohio

State

University

4

.910

06/01/40

108,613‌

500,000

The

Ohio

State

University

3

.798

12/01/46

462,170‌

200,000

The

Ohio

State

University

4

.048

12/01/56

192,496‌

1,000,000

Trustees

of

the

University

of

Pennsylvania

2

.396

10/01/50

712,518‌

100,000

Trustees

of

the

University

of

Pennsylvania

4

.674

09/01/12

97,489‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

132

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

500,000

Trustees

of

the

University

of

Pennsylvania

3

.610

%

02/15/19

$

382,542‌

1,000,000

University

of

California

0

.883

05/15/25

931,061‌

200,000

University

of

California

3

.063

07/01/25

198,169‌

1,000,000

University

of

California

1

.316

05/15/27

896,794‌

500,000

University

of

California

3

.349

07/01/29

479,525‌

1,000,000

University

of

California

1

.614

05/15/30

839,156‌

200,000

University

of

California

5

.770

05/15/43

228,273‌

200,000

University

of

California

3

.931

05/15/45

187,824‌

200,000

University

of

California

4

.131

05/15/45

188,411‌

1,500,000

University

of

California

5

.946

05/15/45

1,743,492‌

1,500,000

University

of

California

3

.071

05/15/51

1,132,693‌

860,000

University

of

California

4

.858

05/15/12

816,955‌

200,000

University

of

California

4

.767

05/15/15

186,450‌

500,000

University

of

Chicago

2

.761

04/01/45

411,571‌

300,000

University

of

Chicago

4

.003

10/01/53

283,358‌

750,000

University

of

Michigan

2

.437

04/01/40

584,090‌

1,000,000

University

of

Michigan

3

.599

04/01/47

923,144‌

500,000

University

of

Michigan

2

.562

04/01/50

367,237‌

500,000

University

of

Michigan

3

.504

04/01/52

442,236‌

750,000

University

of

Michigan

3

.504

04/01/52

663,354‌

750,000

University

of

Michigan

4

.454

04/01/22

682,711‌

1,500,000

University

of

Minnesota

4

.048

04/01/52

1,472,278‌

500,000

University

of

Nebraska

Facilities

Corp

3

.037

10/01/49

386,248‌

200,000

University

of

Notre

Dame

du

Lac

3

.438

02/15/45

178,536‌

200,000

University

of

Notre

Dame

du

Lac

3

.394

02/15/48

176,341‌

300,000

University

of

Southern

California

3

.028

10/01/39

257,296‌

200,000

University

of

Southern

California

3

.841

10/01/47

186,972‌

500,000

University

of

Southern

California

2

.805

10/01/50

379,799‌

200,000

e

University

of

Southern

California

5

.250

10/01/11

208,813‌

200,000

University

of

Texas

System

3

.852

08/15/46

189,338‌

700,000

University

of

Texas

System

4

.794

08/15/46

751,840‌

750,000

University

of

Texas

System

2

.439

08/15/49

538,287‌

1,000,000

University

of

Virginia

2

.256

09/01/50

688,540‌

1,600,000

University

of

Virginia

2

.584

11/01/51

1,176,973‌

500,000

University

of

Virginia

3

.227

09/01/19

334,491‌

150,000

Virginia

Commonwealth

Transportation

Board

5

.350

05/15/35

162,816‌

750,000

Westchester

County

Local

Development

Corp

3

.846

11/01/50

608,764‌

200,000

William

Marsh

Rice

University

3

.574

05/15/45

177,384‌

200,000

William

Marsh

Rice

University

3

.774

05/15/55

185,335‌

TOTAL

MUNICIPAL

BONDS

162,290,294‌

U.S.

TREASURY

SECURITIES

-

39

.5

%

21,250,000

United

States

Treasury

Bond

4

.500

02/15/36

24,983,691‌

22,400,000

United

States

Treasury

Bond

5

.000

05/15/37

27,692,875‌

179,483,000

United

States

Treasury

Bond

3

.500

02/15/39

187,496,636‌

2,000,000

United

States

Treasury

Bond

4

.500

08/15/39

2,351,406‌

44,850,000

United

States

Treasury

Bond

4

.375

11/15/39

51,812,262‌

17,585,000

United

States

Treasury

Bond

3

.875

08/15/40

18,959,515‌

11,185,000

United

States

Treasury

Bond

4

.250

11/15/40

12,640,361‌

26,350,000

United

States

Treasury

Bond

4

.375

05/15/41

30,180,014‌

10,000,000

United

States

Treasury

Bond

3

.750

08/15/41

10,507,031‌

48,300,000

United

States

Treasury

Bond

3

.125

11/15/41

46,373,660‌

18,550,000

United

States

Treasury

Bond

3

.125

02/15/42

17,766,697‌

22,000,000

United

States

Treasury

Bond

3

.000

05/15/42

20,623,281‌

20,000,000

United

States

Treasury

Bond

2

.750

08/15/42

17,944,531‌

10,250,000

United

States

Treasury

Bond

2

.875

05/15/43

9,346,719‌

16,000,000

United

States

Treasury

Bond

2

.500

02/15/45

13,570,000‌

22,000,000

United

States

Treasury

Bond

3

.000

05/15/45

20,406,719‌

16,000,000

United

States

Treasury

Bond

2

.875

08/15/45

14,535,000‌

27,000,000

United

States

Treasury

Bond

2

.500

05/15/46

22,884,609‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

133

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

13,300,000

United

States

Treasury

Bond

2

.875

%

11/15/46

$

12,125,859‌

28,000,000

United

States

Treasury

Bond

3

.000

02/15/47

26,146,094‌

30,000,000

United

States

Treasury

Bond

2

.750

08/15/47

26,826,562‌

45,000,000

United

States

Treasury

Bond

2

.750

11/15/47

40,313,672‌

38,500,000

United

States

Treasury

Bond

3

.000

02/15/48

36,274,219‌

48,500,000

United

States

Treasury

Bond

3

.125

05/15/48

46,937,012‌

35,500,000

United

States

Treasury

Bond

3

.000

08/15/48

33,543,340‌

35,000,000

United

States

Treasury

Bond

3

.375

11/15/48

35,561,914‌

82,500,000

United

States

Treasury

Bond

3

.000

02/15/49

78,616,699‌

10,500,000

United

States

Treasury

Bond

2

.875

05/15/49

9,790,020‌

7,500,000

United

States

Treasury

Bond

2

.250

08/15/49

6,153,809‌

8,615,000

United

States

Treasury

Bond

2

.375

11/15/49

7,276,310‌

70,000,000

United

States

Treasury

Note

2

.750

05/31/23

69,907,032‌

25,000,000

United

States

Treasury

Note

0

.125

06/30/23

24,317,383‌

91,500,000

United

States

Treasury

Note

2

.625

06/30/23

91,256,953‌

70,000,000

United

States

Treasury

Note

2

.750

07/31/23

69,833,203‌

7,000,000

United

States

Treasury

Note

0

.125

08/31/23

6,772,227‌

116,000,000

United

States

Treasury

Note

2

.750

08/31/23

115,705,469‌

25,000,000

United

States

Treasury

Note

0

.125

09/15/23

24,161,133‌

35,000,000

United

States

Treasury

Note

2

.875

09/30/23

34,965,820‌

40,000,000

United

States

Treasury

Note

0

.125

10/15/23

38,562,500‌

13,000,000

United

States

Treasury

Note

2

.750

11/15/23

12,960,898‌

10,000,000

United

States

Treasury

Note

2

.125

11/30/23

9,885,156‌

65,000,000

United

States

Treasury

Note

2

.875

11/30/23

64,916,211‌

1,800,000

United

States

Treasury

Note

0

.750

12/31/23

1,741,359‌

99,300,000

United

States

Treasury

Note

2

.500

01/31/24

98,555,250‌

70,000,000

United

States

Treasury

Note

2

.375

02/29/24

69,338,282‌

15,000,000

United

States

Treasury

Note

0

.250

03/15/24

14,322,070‌

325,000,000

United

States

Treasury

Note

2

.125

03/31/24

320,213,868‌

174,000,000

United

States

Treasury

Note

2

.250

04/30/24

171,729,843‌

30,000,000

United

States

Treasury

Note

0

.250

05/15/24

28,512,891‌

111,500,000

United

States

Treasury

Note

2

.000

05/31/24

109,483,418‌

152,000,000

United

States

Treasury

Note

1

.750

06/30/24

148,354,374‌

212,000,000

United

States

Treasury

Note

1

.750

07/31/24

206,683,439‌

20,000,000

United

States

Treasury

Note

0

.375

08/15/24

18,919,531‌

22,000,000

United

States

Treasury

Note

1

.250

08/31/24

21,194,766‌

81,000,000

United

States

Treasury

Note

1

.500

09/30/24

78,354,844‌

90,500,000

United

States

Treasury

Note

1

.500

10/31/24

87,435,019‌

40,005,000

United

States

Treasury

Note

2

.250

11/15/24

39,326,790‌

61,900,000

United

States

Treasury

Note

1

.500

11/30/24

59,711,738‌

75,000,000

United

States

Treasury

Note

1

.750

12/31/24

72,685,547‌

40,000,000

United

States

Treasury

Note

2

.250

12/31/24

39,253,125‌

13,000,000

United

States

Treasury

Note

1

.375

01/31/25

12,468,320‌

40,000,000

United

States

Treasury

Note

1

.125

02/28/25

38,071,875‌

73,000,000

United

States

Treasury

Note

0

.500

03/31/25

68,129,531‌

8,000,000

United

States

Treasury

Note

2

.625

03/31/25

7,918,438‌

50,000,000

United

States

Treasury

Note

0

.375

04/30/25

46,404,297‌

119,000,000

United

States

Treasury

Note

0

.250

06/30/25

109,563,671‌

100,000,000

United

States

Treasury

Note

0

.250

07/31/25

91,816,406‌

54,000,000

United

States

Treasury

Note

0

.250

08/31/25

49,443,750‌

20,000,000

United

States

Treasury

Note

2

.750

08/31/25

19,821,094‌

50,000,000

United

States

Treasury

Note

0

.250

09/30/25

45,681,641‌

30,000,000

United

States

Treasury

Note

3

.000

09/30/25

29,956,641‌

97,000,000

United

States

Treasury

Note

0

.250

10/31/25

88,391,250‌

30,000,000

United

States

Treasury

Note

2

.250

11/15/25

29,219,531‌

265,000,000

United

States

Treasury

Note

0

.375

11/30/25

242,040,236‌

50,000,000

United

States

Treasury

Note

0

.375

12/31/25

45,568,360‌

126,000,000

United

States

Treasury

Note

0

.375

01/31/26

114,571,407‌

137,000,000

United

States

Treasury

Note

0

.500

02/28/26

124,868,007‌

90,000,000

United

States

Treasury

Note

0

.750

03/31/26

82,662,890‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

134

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

50,000,000

United

States

Treasury

Note

2

.250

%

03/31/26

$

48,582,031‌

120,000,000

United

States

Treasury

Note

0

.750

04/30/26

110,006,250‌

30,000,000

United

States

Treasury

Note

1

.625

05/15/26

28,430,859‌

165,000,000

United

States

Treasury

Note

0

.750

05/31/26

150,968,555‌

135,000,000

United

States

Treasury

Note

0

.875

06/30/26

123,931,054‌

85,000,000

United

States

Treasury

Note

0

.625

07/31/26

77,084,375‌

115,000,000

United

States

Treasury

Note

0

.750

08/31/26

104,676,954‌

60,000,000

United

States

Treasury

Note

0

.875

09/30/26

54,796,875‌

71,000,000

United

States

Treasury

Note

1

.625

09/30/26

66,975,742‌

170,000,000

United

States

Treasury

Note

1

.125

10/31/26

156,698,828‌

10,000,000

United

States

Treasury

Note

1

.625

10/31/26

9,418,359‌

115,000,000

United

States

Treasury

Note

1

.250

11/30/26

106,487,304‌

81,000,000

United

States

Treasury

Note

1

.250

12/31/26

74,868,047‌

89,500,000

United

States

Treasury

Note

1

.750

12/31/26

84,619,453‌

72,000,000

United

States

Treasury

Note

1

.500

01/31/27

67,224,375‌

87,000,000

United

States

Treasury

Note

1

.875

02/28/27

82,582,031‌

97,000,000

United

States

Treasury

Note

2

.500

03/31/27

94,639,414‌

11,000,000

United

States

Treasury

Note

2

.875

04/30/27

10,851,328‌

40,000,000

United

States

Treasury

Note

2

.625

05/31/27

39,243,750‌

5,000,000

United

States

Treasury

Note

0

.500

06/30/27

4,407,227‌

93,000,000

United

States

Treasury

Note

3

.250

06/30/27

93,908,203‌

46,000,000

United

States

Treasury

Note

2

.250

08/15/27

44,183,359‌

75,000,000

United

States

Treasury

Note

0

.625

11/30/27

65,859,375‌

48,800,000

United

States

Treasury

Note

2

.750

02/15/28

47,947,906‌

66,000,000

United

States

Treasury

Note

2

.875

05/15/28

65,229,140‌

20,000,000

United

States

Treasury

Note

1

.250

06/30/28

17,991,406‌

50,000,000

United

States

Treasury

Note

1

.125

08/31/28

44,498,047‌

10,000,000

United

States

Treasury

Note

1

.375

10/31/28

9,016,016‌

85,000,000

United

States

Treasury

Note

3

.125

11/15/28

85,175,976‌

70,000,000

United

States

Treasury

Note

1

.500

11/30/28

63,563,282‌

50,000,000

United

States

Treasury

Note

1

.750

01/31/29

46,099,610‌

50,000,000

United

States

Treasury

Note

2

.625

02/15/29

48,681,641‌

50,000,000

United

States

Treasury

Note

2

.375

03/31/29

47,861,328‌

30,000,000

United

States

Treasury

Note

2

.875

04/30/29

29,648,438‌

92,000,000

United

States

Treasury

Note

2

.375

05/15/29

88,136,719‌

50,000,000

United

States

Treasury

Note

2

.750

05/31/29

49,015,625‌

22,000,000

United

States

Treasury

Note

1

.625

08/15/29

20,030,313‌

117,000,000

United

States

Treasury

Note

1

.500

02/15/30

105,089,765‌

50,000,000

United

States

Treasury

Note

0

.625

05/15/30

41,691,406‌

37,000,000

United

States

Treasury

Note

0

.625

08/15/30

30,675,313‌

64,000,000

United

States

Treasury

Note

0

.875

11/15/30

54,037,500‌

30,000,000

United

States

Treasury

Note

1

.125

02/15/31

25,778,906‌

121,000,000

United

States

Treasury

Note

1

.625

05/15/31

108,115,390‌

39,000,000

United

States

Treasury

Note

1

.250

08/15/31

33,573,516‌

18,200,000

United

States

Treasury

Note

1

.375

11/15/31

15,785,656‌

48,500,000

United

States

Treasury

Note

1

.875

02/15/32

43,937,969‌

58,000,000

United

States

Treasury

Note

2

.875

05/15/32

57,347,500‌

57,000,000

United

States

Treasury

Note

1

.125

05/15/40

39,677,344‌

32,500,000

United

States

Treasury

Note

1

.125

08/15/40

22,452,930‌

127,500,000

United

States

Treasury

Note

1

.375

11/15/40

91,824,902‌

76,500,000

United

States

Treasury

Note

1

.875

02/15/41

59,995,722‌

76,000,000

United

States

Treasury

Note

2

.250

05/15/41

63,418,437‌

70,000,000

United

States

Treasury

Note

1

.750

08/15/41

53,246,484‌

21,150,000

United

States

Treasury

Note

2

.000

11/15/41

16,797,727‌

26,500,000

United

States

Treasury

Note

2

.250

02/15/42

22,471,172‌

19,500,000

United

States

Treasury

Note

3

.250

05/15/42

19,030,781‌

35,850,000

United

States

Treasury

Note

1

.250

05/15/50

22,809,562‌

28,000,000

United

States

Treasury

Note

1

.375

08/15/50

18,430,781‌

68,500,000

United

States

Treasury

Note

1

.625

11/15/50

48,177,441‌

50,000,000

United

States

Treasury

Note

1

.875

02/15/51

37,505,859‌

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

135

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

52,500,000

United

States

Treasury

Note

2

.375

%

05/15/51

$

44,319,434‌

44,575,000

United

States

Treasury

Note

2

.000

08/15/51

34,449,858‌

47,500,000

United

States

Treasury

Note

1

.875

11/15/51

35,639,844‌

46,000,000

United

States

Treasury

Note

2

.250

02/15/52

37,856,563‌

24,500,000

United

States

Treasury

Note

2

.875

05/15/52

23,141,016‌

TOTAL

U.S.

TREASURY

SECURITIES

7,875,915,974‌

TOTAL

GOVERNMENT

BONDS

14,408,356,080‌

(Cost

$15,708,966,204)

STRUCTURED

ASSETS

-

2.5%

ASSET

BACKED

-

0

.6

%

143,157

American

Airlines

Pass

Through

Trust

3

.600

09/22/27

132,551‌

Series

-

2015

2

(Class

AA)

147,625

American

Airlines

Pass

Through

Trust

3

.575

01/15/28

137,024‌

Series

-

2016

1

(Class

AA)

426,650

American

Airlines

Pass

Through

Trust

3

.200

06/15/28

389,968‌

Series

-

2016

2

(Class

AA)

616,100

American

Airlines

Pass

Through

Trust

3

.000

10/15/28

558,373‌

Series

-

2016

3

(Class

AA)

227,250

American

Airlines

Pass

Through

Trust

3

.650

02/15/29

211,782‌

Series

-

2017

1

(Class

AA)

668,680

American

Airlines

Pass

Through

Trust

3

.150

02/15/32

591,062‌

Series

-

2019

1

(Class

AA)

1,600,000

American

Express

Credit

Account

Master

Trust

0

.900

11/15/26

1,507,620‌

Series

-

2021

1

(Class

A)

193,892

AmeriCredit

Automobile

Receivables

Trust

1

.110

08/19/24

193,669‌

Series

-

2020

1

(Class

A3)

500,000

AmeriCredit

Automobile

Receivables

Trust

1

.480

01/21/25

495,414‌

Series

-

2020

1

(Class

B)

500,000

AmeriCredit

Automobile

Receivables

Trust

1

.060

08/18/26

475,440‌

Series

-

2020

3

(Class

C)

1,500,000

AmeriCredit

Automobile

Receivables

Trust

0

.680

10/19/26

1,441,860‌

Series

-

2021

1

(Class

B)

1,000,000

AmeriCredit

Automobile

Receivables

Trust

0

.890

10/19/26

934,655‌

Series

-

2021

1

(Class

C)

500,000

AmeriCredit

Automobile

Receivables

Trust

0

.690

01/19/27

471,513‌

Series

-

2021

2

(Class

B)

500,000

AmeriCredit

Automobile

Receivables

Trust

1

.010

01/19/27

463,439‌

Series

-

2021

2

(Class

C)

2,500,000

BA

Credit

Card

Trust

0

.340

05/15/26

2,395,729‌

Series

-

2020

A1

(Class

A1)

960,000

BA

Credit

Card

Trust

0

.440

09/15/26

911,669‌

Series

-

2021

A1

(Class

A1)

2,450,000

Barclays

Dryrock

Issuance

Trust

0

.630

07/15/27

2,304,406‌

Series

-

2021

1

(Class

A)

1,000,000

BMW

Vehicle

Lease

Trust

0

.430

01/27/25

949,323‌

Series

-

2021

2

(Class

A4)

10,000,000

Cantor

Commercial

Real

Estate

Lending

3

.523

05/15/52

9,453,561‌

Series

-

2019

CF1

(Class

A4)

6,000,000

Cantor

Commercial

Real

Estate

Lending

3

.623

05/15/52

5,910,776‌

Series

-

2019

CF1

(Class

A2)

2,000,000

Capital

One

MExecution

Trust

1

.040

11/15/26

1,888,723‌

Series

-

2021

A3

(Class

A3)

3,000,000

Capital

One

MExecution

Trust

3

.490

05/15/27

3,001,893‌

Series

-

2022

A2

(Class

A)

2,500,000

Capital

One

Multi-Asset

Execution

Trust

2

.060

08/15/28

2,365,309‌

Series

-

2019

A3

(Class

A3)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

136

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

136,448

Capital

One

Prime

Auto

Receivables

Trust

2

.510

%

11/15/23

$

136,500‌

Series

-

2019

1

(Class

A3)

1,000,000

CarMax

Auto

Owner

Trust

2

.770

12/16/24

996,845‌

Series

-

2019

2

(Class

A4)

500,000

CarMax

Auto

Owner

Trust

0

.500

08/15/25

489,303‌

Series

-

2020

4

(Class

A3)

2,000,000

CarMax

Auto

Owner

Trust

0

.520

02/17/26

1,939,485‌

Series

-

2021

2

(Class

A3)

500,000

CarMax

Auto

Owner

Trust

0

.530

10/15/26

466,874‌

Series

-

2021

1

(Class

A4)

900,000

CarMax

Auto

Owner

Trust

0

.740

10/15/26

831,842‌

Series

-

2021

1

(Class

B)

1,000,000

CarMax

Auto

Owner

Trust

1

.470

12/15/26

956,386‌

Series

-

2022

1

(Class

A3)

700,000

CarMax

Auto

Owner

Trust

2

.200

11/15/27

648,967‌

Series

-

2022

1

(Class

C)

500,000

Carvana

Auto

Receivables

Trust

3

.000

02/10/28

460,815‌

Series

-

2022

P1

(Class

B)

1,000,000

Carvana

Auto

Receivables

Trust

3

.520

02/10/28

959,069‌

Series

-

2022

P1

(Class

A4)

500,000

Carvana

Auto

Receivables

Trust

3

.300

04/10/28

463,057‌

Series

-

2022

P1

(Class

C)

400,000

CNH

Equipment

Trust

0

.440

08/17/26

380,762‌

Series

-

2021

B

(Class

A3)

1,000,000

CNH

Equipment

Trust

0

.700

05/17/27

904,111‌

Series

-

2021

B

(Class

A4)

115,255

Continental

Airlines

Pass

Through

Trust

4

.000

10/29/24

110,724‌

Series

-

2012

2

(Class

A)

89,651

Delta

Air

Lines

Pass

Through

Trust

3

.625

07/30/27

84,819‌

Series

-

2015

1

(Class

AA)

264,124

Delta

Air

Lines

Pass

Through

Trust

2

.000

06/10/28

230,414‌

Series

-

2020

1

(Class

AA)

1,500,000

Discover

Card

Execution

Note

Trust

0

.580

09/15/26

1,397,173‌

Series

-

2021

A1

(Class

A1)

1,500,000

Discover

Card

Execution

Note

Trust

1

.030

09/15/28

1,335,447‌

Series

-

2021

A2

(Class

A2)

1,000,000

Drive

Auto

Receivables

Trust

1

.020

06/15/27

974,230‌

Series

-

2021

1

(Class

C)

1,500,000

Exeter

Automobile

Receivables

Trust

3

.020

06/15/28

1,392,550‌

Series

-

2022

1A

(Class

D)

919,791

FedEx

Corp

2020-

Class

AA

Pass

Through

Trust

1

.875

02/20/34

797,927‌

2,301,870

FHLMC

Multifamily

Structured

Pass

Through

Certificates

2

.307

08/25/22

2,299,899‌

Series

-

2012

K023

(Class

A2)

461,994

FHLMC

Multifamily

Structured

Pass

Through

Certificates

2

.510

11/25/22

461,534‌

Series

-

2013

K026

(Class

A2)

497,919

FHLMC

Multifamily

Structured

Pass

Through

Certificates

2

.637

01/25/23

497,204‌

Series

-

2013

K027

(Class

A2)

4,873

FHLMC

Multifamily

Structured

Pass

Through

Certificates

2

.669

02/25/23

4,872‌

Series

-

2013

K034

(Class

A1)

3,000,000

i

FHLMC

Multifamily

Structured

Pass

Through

Certificates

3

.060

07/25/23

2,996,068‌

Series

-

2013

K033

(Class

A2)

1,750,000

i

FHLMC

Multifamily

Structured

Pass

Through

Certificates

3

.531

07/25/23

1,753,454‌

Series

-

2013

K034

(Class

A2)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

137

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

1,500,000

i

FHLMC

Multifamily

Structured

Pass

Through

Certificates

3

.527

%

10/25/23

$

1,502,006‌

Series

-

2014

K036

(Class

A2)

2,765,512

FHLMC

Multifamily

Structured

Pass

Through

Certificates

3

.023

01/25/25

2,735,212‌

Series

-

2015

K045

(Class

A2)

1,224,000

FHLMC

Multifamily

Structured

Pass

Through

Certificates

1

.760

03/25/28

1,114,939‌

Series

-

2021

K742

(Class

A2)

749,000

FHLMC

Multifamily

Structured

Pass

Through

Certificates

1

.369

04/25/28

656,587‌

Series

-

2021

K742

(Class

AM)

199,815

Ford

Credit

Auto

Lease

Trust

0

.620

08/15/23

199,597‌

Series

-

2020

B

(Class

A3)

500,000

Ford

Credit

Auto

Lease

Trust

1

.000

11/15/23

495,760‌

Series

-

2020

B

(Class

B)

1,500,000

Ford

Credit

Auto

Lease

Trust

0

.300

04/15/24

1,472,233‌

Series

-

2021

A

(Class

A4)

600,000

Ford

Credit

Auto

Lease

Trust

0

.470

05/15/24

585,463‌

Series

-

2021

A

(Class

B)

242,346

Ford

Credit

Auto

Owner

Trust

2

.230

10/15/23

242,400‌

Series

-

2019

B

(Class

A3)

500,000

Ford

Credit

Auto

Owner

Trust

0

.510

08/15/26

467,523‌

Series

-

2020

C

(Class

A4)

2,000,000

Ford

Credit

Auto

Owner

Trust

0

.490

09/15/26

1,865,648‌

Series

-

2021

A

(Class

A4)

1,000,000

Ford

Credit

Auto

Owner

Trust

1

.560

05/15/27

929,562‌

Series

-

2022

A

(Class

A4)

1,000,000

Ford

Credit

Auto

Owner

Trust

1

.910

07/15/27

930,527‌

Series

-

2022

A

(Class

B)

850,000

Ford

Credit

Floorplan

Master

Owner

Trust

2

.440

09/15/26

826,904‌

Series

-

2019

4

(Class

A)

1,000,000

GM

Financial

Consumer

Automobile

Receivables

Trust

2

.710

08/16/24

999,557‌

Series

-

2019

2

(Class

A4)

264,965

GM

Financial

Consumer

Automobile

Receivables

Trust

1

.490

12/16/24

262,922‌

Series

-

2020

2

(Class

A3)

456,532

GM

Financial

Consumer

Automobile

Receivables

Trust

0

.380

08/18/25

447,338‌

Series

-

2020

4

(Class

A3)

750,000

GM

Financial

Consumer

Automobile

Receivables

Trust

0

.350

10/16/25

731,497‌

Series

-

2021

1

(Class

A3)

500,000

GM

Financial

Consumer

Automobile

Receivables

Trust

0

.500

02/17/26

472,551‌

Series

-

2020

4

(Class

A4)

1,000,000

GM

Financial

Consumer

Automobile

Receivables

Trust

0

.510

04/16/26

967,560‌

Series

-

2021

2

(Class

A3)

680,000

GM

Financial

Consumer

Automobile

Receivables

Trust

1

.260

11/16/26

650,179‌

Series

-

2022

1

(Class

A3)

1,000,000

GM

Financial

Leasing

Trust

1

.010

07/21/25

961,992‌

Series

-

2021

1

(Class

D)

850,000

GM

Financial

Securitized

Term

1

.510

04/17/28

790,069‌

Series

-

2022

1

(Class

A4)

1,000,000

Harley-Davidson

Motorcycle

Trust

3

.060

02/15/27

986,364‌

Series

-

2022

A

(Class

A3)

1,000,000

Harley-Davidson

Motorcycle

Trust

3

.260

01/15/30

981,779‌

Series

-

2022

A

(Class

A4)

1,000,000

Honda

Auto

Receivables

Owner

Trust

0

.000

05/15/26

967,326‌

Series

-

2022

1

(Class

A3)

1,000,000

Honda

Auto

Receivables

Owner

Trust

0

.550

08/16/27

936,104‌

Series

-

2021

2

(Class

A4)

1,000,000

Honda

Auto

Receivables

Owner

Trust

0

.420

01/21/28

941,102‌

Series

-

2021

1

(Class

A4)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

138

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

500,000

Hyundai

Auto

Receivables

Trust

0

.380

%

09/15/25

$

482,921‌

Series

-

2021

A

(Class

A3)

2,000,000

Hyundai

Auto

Receivables

Trust

3

.030

11/17/25

1,982,526‌

Series

-

2019

A

(Class

C)

1,000,000

Hyundai

Auto

Receivables

Trust

0

.620

05/17/27

933,583‌

Series

-

2021

A

(Class

A4)

445,132

JetBlue

Pass

Through

Trust

2

.750

05/15/32

385,183‌

Series

-

2019

1

(Class

AA)

800,000

John

Deere

Owner

Trust

0

.520

03/16/26

758,792‌

Series

-

2021

B

(Class

A3)

500,000

John

Deere

Owner

Trust

0

.740

05/15/28

455,820‌

Series

-

2021

B

(Class

A4)

250,000

Mercedes-Benz

Auto

Lease

Trust

0

.500

06/15/26

245,165‌

Series

-

2020

B

(Class

A4)

1,000,000

Mercedes-Benz

Auto

Lease

Trust

0

.320

10/15/26

965,419‌

Series

-

2021

A

(Class

A4)

130,803

Nissan

Auto

Receivables

Owner

Trust

2

.900

10/16/23

130,930‌

Series

-

2019

A

(Class

A3)

297,255

Nissan

Auto

Receivables

Owner

Trust

2

.500

11/15/23

297,525‌

Series

-

2019

B

(Class

A3)

1,000,000

Nissan

Auto

Receivables

Owner

Trust

1

.860

08/17/26

962,739‌

Series

-

2022

A

(Class

A3)

233,944

Santander

Drive

Auto

Receivables

Trust

0

.730

03/17/25

233,515‌

Series

-

2020

4

(Class

B)

926,095

Santander

Drive

Auto

Receivables

Trust

0

.500

04/15/25

922,728‌

Series

-

2021

1

(Class

B)

250,000

Santander

Drive

Auto

Receivables

Trust

1

.010

01/15/26

246,404‌

Series

-

2020

4

(Class

C)

500,000

Santander

Drive

Auto

Receivables

Trust

0

.750

02/17/26

487,895‌

Series

-

2021

1

(Class

C)

1,500,000

Santander

Drive

Auto

Receivables

Trust

1

.350

07/15/27

1,406,962‌

Series

-

2021

2

(Class

D)

63,566

Spirit

Airlines

Pass

Through

Trust

4

.100

04/01/28

60,854‌

Series

-

2015

1A

(Class

)

500,000

Toyota

Auto

Receivables

Owner

Trust

0

.470

01/15/26

476,909‌

Series

-

2020

D

(Class

A4)

500,000

Toyota

Auto

Receivables

Owner

Trust

2

.930

09/15/26

493,520‌

Series

-

2022

B

(Class

A3)

1,500,000

Toyota

Auto

Receivables

Owner

Trust

0

.530

10/15/26

1,388,664‌

Series

-

2021

B

(Class

A4)

500,000

Toyota

Auto

Receivables

Owner

Trust

3

.110

08/16/27

490,023‌

Series

-

2022

B

(Class

A4)

151,931

Union

Pacific

Railroad

Co

Pass

Through

Trust

2

.695

05/12/27

144,005‌

Series

-

2015

1

(Class

)

278,516

United

Airlines

Pass

Through

Trust

4

.150

04/11/24

273,331‌

Series

-

2012

1

(Class

A)

188,410

United

Airlines

Pass

Through

Trust

4

.300

08/15/25

180,095‌

Series

-

2013

1

(Class

A)

207,500

United

Airlines

Pass

Through

Trust

4

.875

01/15/26

197,044‌

Series

-

2020

1

(Class

B)

190,609

United

Airlines

Pass

Through

Trust

3

.750

09/03/26

181,493‌

Series

-

2014

2

(Class

A)

2,117,104

United

Airlines

Pass

Through

Trust

5

.875

10/15/27

2,080,032‌

Series

-

2020

A

(Class

)

141,977

United

Airlines

Pass

Through

Trust

3

.450

12/01/27

132,157‌

Series

-

2015

1

(Class

AA)

152,511

United

Airlines

Pass

Through

Trust

3

.100

07/07/28

139,262‌

Series

-

2016

1

(Class

AA)

152,511

United

Airlines

Pass

Through

Trust

3

.450

07/07/28

132,135‌

Series

-

2016

1

(Class

A)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

139

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

304,848

United

Airlines

Pass

Through

Trust

2

.875

%

10/07/28

$

277,985‌

Series

-

2016

2

(Class

AA)

1,250,844

United

Airlines

Pass

Through

Trust

3

.500

03/01/30

1,142,091‌

Series

-

2018

1

(Class

AA)

318,533

United

Airlines

Pass

Through

Trust

4

.150

08/25/31

299,182‌

Series

-

2019

1

(Class

AA)

227,513

United

Airlines

Pass

Through

Trust

2

.700

05/01/32

193,984‌

Series

-

2019

2

(Class

AA)

4,410,000

Verizon

Master

Trust

0

.500

05/20/27

4,155,010‌

Series

-

2021

1

(Class

A)

3,000,000

Verizon

Master

Trust

0

.690

05/20/27

2,802,173‌

Series

-

2021

1

(Class

B)

815,000

Verizon

Master

Trust

0

.890

05/20/27

761,413‌

Series

-

2021

1

(Class

C)

750,000

Volkswagen

Auto

Lease

Trust

0

.450

07/21/25

735,819‌

Series

-

2020

A

(Class

A4)

2,000,000

World

Omni

Auto

Receivables

Trust

0

.300

01/15/26

1,945,639‌

Series

-

2021

A

(Class

A3)

1,000,000

World

Omni

Auto

Receivables

Trust

0

.690

06/15/27

932,469‌

Series

-

2021

B

(Class

A4)

500,000

World

Omni

Auto

Receivables

Trust

1

.040

06/15/27

461,023‌

Series

-

2021

B

(Class

B)

500,000

World

Omni

Automobile

Lease

Securitization

Trust

0

.450

02/15/24

492,188‌

Series

-

2020

B

(Class

A3)

500,000

World

Omni

Automobile

Lease

Securitization

Trust

0

.750

11/16/26

471,194‌

Series

-

2021

A

(Class

B)

TOTAL

ASSET

BACKED

118,214,592‌

OTHER

MORTGAGE

BACKED

-

1

.9

%

2,500,000

BANK

1

.650

12/15/53

2,065,096‌

Series

-

2020

BN30

(Class

A3)

1,500,000

BANK

1

.925

12/15/53

1,249,423‌

Series

-

2020

BN30

(Class

A4)

500,000

i

BANK

2

.111

12/15/53

400,658‌

Series

-

2020

BN30

(Class

AS)

500,000

i

BANK

2

.445

12/15/53

406,678‌

Series

-

2020

BN30

(Class

B)

2,000,000

BANK

1

.771

02/15/54

1,650,745‌

Series

-

2021

BN31

(Class

A3)

1,000,000

BANK

2

.036

02/15/54

837,916‌

Series

-

2021

BN31

(Class

A4)

500,000

i

BANK

2

.211

02/15/54

411,033‌

Series

-

2021

BN31

(Class

AS)

500,000

i

BANK

2

.383

02/15/54

408,400‌

Series

-

2021

BN31

(Class

B)

500,000

i

BANK

2

.545

02/15/54

387,731‌

Series

-

2021

BN31

(Class

C)

2,000,000

BANK

3

.538

11/15/54

1,937,781‌

Series

-

2017

BNK9

(Class

A4)

1,500,000

BANK

3

.390

06/15/60

1,443,843‌

Series

-

2017

BNK5

(Class

A5)

5,000,000

BANK

3

.641

02/15/61

4,912,903‌

Series

-

2018

BN10

(Class

ASB)

2,000,000

i

BANK

3

.898

02/15/61

1,920,916‌

Series

-

2018

BN10

(Class

AS)

8,000,000

BANK

3

.584

05/15/62

7,649,594‌

Series

-

2019

BN18

(Class

A4)

5,000,000

BANK

1

.584

03/15/63

4,121,118‌

Series

-

2020

BN28

(Class

A3)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

140

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,000,000

BANK

2

.438

%

06/15/63

$

861,561‌

Series

-

2021

BN34

(Class

A5)

1,000,000

BANK

2

.556

05/15/64

871,433‌

Series

-

2021

BN33

(Class

A5)

1,000,000

BANK

2

.792

05/15/64

857,917‌

Series

-

2021

BN33

(Class

AS)

500,000

BANK

3

.297

05/15/64

407,981‌

Series

-

2021

BN33

(Class

C)

1,000,000

g,i

BANK

2

.500

06/15/64

688,547‌

Series

-

2021

BN35

(Class

D)

3,000,000

Barclays

Commercial

Mortgage

Trust

3

.674

02/15/50

2,927,476‌

Series

-

2017

C1

(Class

A4)

12,500,000

Barclays

Commercial

Mortgage

Trust

2

.690

02/15/53

12,066,656‌

Series

-

2020

C6

(Class

A2)

1,047,883

Benchmark

Mortgage

Trust

3

.571

01/15/51

1,044,019‌

Series

-

2018

B1

(Class

A2)

1,000,000

i

Benchmark

Mortgage

Trust

3

.878

01/15/51

945,474‌

Series

-

2018

B1

(Class

AM)

853,702

Benchmark

Mortgage

Trust

3

.976

07/15/51

850,190‌

Series

-

2018

B4

(Class

A2)

1,000,000

i

Benchmark

Mortgage

Trust

4

.702

07/15/51

927,398‌

Series

-

2018

B4

(Class

C)

5,850,000

Benchmark

Mortgage

Trust

3

.542

05/15/52

5,574,656‌

Series

-

2019

B11

(Class

A5)

1,000,000

i

Benchmark

Mortgage

Trust

2

.944

02/15/53

876,848‌

Series

-

2020

B16

(Class

AM)

1,500,000

i

Benchmark

Mortgage

Trust

3

.176

02/15/53

1,302,816‌

Series

-

2020

B16

(Class

B)

1,500,000

i

Benchmark

Mortgage

Trust

3

.655

02/15/53

1,259,814‌

Series

-

2020

B16

(Class

C)

2,000,000

i

Benchmark

Mortgage

Trust

4

.510

05/15/53

2,018,129‌

Series

-

2018

B7

(Class

A4)

5,000,000

Benchmark

Mortgage

Trust

1

.925

07/15/53

4,208,702‌

Series

-

2020

B18

(Class

A5)

2,500,000

Benchmark

Mortgage

Trust

1

.704

12/17/53

2,069,758‌

Series

-

2020

B21

(Class

A4)

2,500,000

Benchmark

Mortgage

Trust

1

.978

12/17/53

2,092,208‌

Series

-

2020

B21

(Class

A5)

2,500,000

Benchmark

Mortgage

Trust

1

.685

01/15/54

2,069,950‌

Series

-

2020

B22

(Class

A4)

1,500,000

Benchmark

Mortgage

Trust

1

.973

01/15/54

1,252,782‌

Series

-

2020

B22

(Class

A5)

1,500,000

Benchmark

Mortgage

Trust

2

.163

01/15/54

1,234,452‌

Series

-

2020

B22

(Class

AM)

2,000,000

Benchmark

Mortgage

Trust

1

.620

02/15/54

1,831,738‌

Series

-

2021

B23

(Class

A2)

1,500,000

Benchmark

Mortgage

Trust

1

.823

02/15/54

1,240,406‌

Series

-

2021

B23

(Class

A4A1)

1,500,000

Benchmark

Mortgage

Trust

2

.070

02/15/54

1,253,885‌

Series

-

2021

B23

(Class

A5)

500,000

Benchmark

Mortgage

Trust

2

.095

02/15/54

394,113‌

Series

-

2021

B23

(Class

B)

500,000

Benchmark

Mortgage

Trust

2

.274

02/15/54

412,805‌

Series

-

2021

B23

(Class

AS)

500,000

i

Benchmark

Mortgage

Trust

2

.563

02/15/54

382,147‌

Series

-

2021

B23

(Class

C)

1,000,000

Benchmark

Mortgage

Trust

2

.577

04/15/54

874,618‌

Series

-

2021

B25

(Class

A5)

1,000,000

Benchmark

Mortgage

Trust

2

.847

04/15/54

863,501‌

Series

-

2021

B25

(Class

AS)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

141

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,700,000

Benchmark

Mortgage

Trust

2

.613

%

06/15/54

$

1,486,645‌

Series

-

2021

B26

(Class

A5)

702,000

i

Benchmark

Mortgage

Trust

2

.688

06/15/54

579,227‌

Series

-

2021

B26

(Class

B)

500,000

Benchmark

Mortgage

Trust

2

.825

06/15/54

430,165‌

Series

-

2021

B26

(Class

AM)

1,500,000

Benchmark

Mortgage

Trust

2

.512

07/15/54

1,254,128‌

Series

-

2021

B27

(Class

AS)

5,000,000

Benchmark

Mortgage

Trust

2

.914

12/15/72

4,860,401‌

Series

-

2019

B15

(Class

A2)

1,000,000

i

CD

Mortgage

Trust

3

.526

11/10/49

961,426‌

Series

-

2016

CD2

(Class

A4)

2,000,000

CD

Mortgage

Trust

3

.631

02/10/50

1,947,012‌

Series

-

2017

CD3

(Class

A4)

22,763

CD

Mortgage

Trust

3

.025

08/15/50

22,107‌

Series

-

2017

CD5

(Class

A2)

2,500,000

CD

Mortgage

Trust

3

.431

08/15/50

2,408,342‌

Series

-

2017

CD5

(Class

A4)

1,000,000

i

CD

Mortgage

Trust

3

.684

08/15/50

953,345‌

Series

-

2017

CD5

(Class

AS)

1,750,000

CD

Mortgage

Trust

4

.279

08/15/51

1,739,596‌

Series

-

2018

CD7

(Class

A4)

1,053,000

Citigroup

Commercial

Mortgage

Trust

3

.422

04/10/46

1,045,445‌

Series

-

2013

GC11

(Class

AS)

755,000

Citigroup

Commercial

Mortgage

Trust

4

.023

03/10/47

752,965‌

Series

-

2014

GC19

(Class

A4)

440,887

Citigroup

Commercial

Mortgage

Trust

3

.622

07/10/47

435,758‌

Series

-

2014

GC23

(Class

A4)

500,000

Citigroup

Commercial

Mortgage

Trust

3

.635

10/10/47

492,109‌

Series

-

2014

GC25

(Class

A4)

1,000,000

Citigroup

Commercial

Mortgage

Trust

3

.137

02/10/48

974,856‌

Series

-

2015

GC27

(Class

A5)

1,000,000

Citigroup

Commercial

Mortgage

Trust

3

.571

02/10/48

973,162‌

Series

-

2015

GC27

(Class

AS)

1,000,000

Citigroup

Commercial

Mortgage

Trust

3

.616

02/10/49

979,714‌

Series

-

2016

GC36

(Class

A5)

2,000,000

Citigroup

Commercial

Mortgage

Trust

3

.314

04/10/49

1,941,266‌

Series

-

2016

GC37

(Class

A4)

500,000

Citigroup

Commercial

Mortgage

Trust

3

.576

04/10/49

476,109‌

Series

-

2016

GC37

(Class

AS)

1,500,000

Citigroup

Commercial

Mortgage

Trust

2

.832

08/10/49

1,415,184‌

Series

-

2016

C2

(Class

A4)

1,000,000

Citigroup

Commercial

Mortgage

Trust

3

.465

09/15/50

963,541‌

Series

-

2017

P8

(Class

A4)

1,480,000

Citigroup

Commercial

Mortgage

Trust

3

.778

09/10/58

1,465,822‌

Series

-

2015

GC33

(Class

A4)

249,268

COMM

Mortgage

Trust

2

.941

01/10/46

248,472‌

Series

-

2013

LC6

(Class

A4)

320,069

COMM

Mortgage

Trust

3

.213

03/10/46

318,121‌

Series

-

2013

CR7

(Class

A4)

1,000,000

COMM

Mortgage

Trust

4

.046

10/10/46

994,513‌

Series

-

2013

CR12

(Class

A4)

2,750,000

COMM

Mortgage

Trust

3

.955

02/10/47

2,733,784‌

Series

-

2014

CR14

(Class

A3)

500,000

COMM

Mortgage

Trust

3

.961

03/10/47

497,123‌

Series

-

2014

UBS2

(Class

A5)

1,000,000

COMM

Mortgage

Trust

4

.051

04/10/47

997,103‌

Series

-

2014

CR16

(Class

A4)

1,000,000

COMM

Mortgage

Trust

3

.819

06/10/47

992,165‌

Series

-

2014

UBS3

(Class

A4)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

142

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,000,000

COMM

Mortgage

Trust

3

.694

%

08/10/47

$

987,881‌

Series

-

2014

UBS4

(Class

A5)

836,281

COMM

Mortgage

Trust

3

.326

11/10/47

819,984‌

Series

-

2014

CR20

(Class

A3)

1,000,000

COMM

Mortgage

Trust

3

.590

11/10/47

985,708‌

Series

-

2014

CR20

(Class

A4)

1,000,000

i

COMM

Mortgage

Trust

4

.339

12/10/47

972,211‌

Series

-

2014

CR21

(Class

B)

3,150,000

COMM

Mortgage

Trust

3

.183

02/10/48

3,067,710‌

Series

-

2015

LC19

(Class

A4)

1,000,000

i

COMM

Mortgage

Trust

4

.366

02/10/48

960,494‌

Series

-

2015

LC19

(Class

C)

1,700,000

COMM

Mortgage

Trust

3

.708

07/10/48

1,670,400‌

Series

-

2015

LC21

(Class

A4)

897,857

COMM

Mortgage

Trust

3

.432

08/10/48

876,165‌

Series

-

2015

CR24

(Class

A4)

1,000,000

COMM

Mortgage

Trust

3

.759

08/10/48

984,310‌

Series

-

2015

CR25

(Class

A4)

855,226

COMM

Mortgage

Trust

3

.221

10/10/48

852,761‌

Series

-

2015

LC23

(Class

A2)

1,500,000

COMM

Mortgage

Trust

3

.774

10/10/48

1,475,724‌

Series

-

2015

LC23

(Class

A4)

500,000

COMM

Mortgage

Trust

4

.258

08/10/50

501,079‌

Series

-

2013

CR11

(Class

A4)

5,000,000

COMM

Mortgage

Trust

2

.827

08/15/57

4,821,869‌

Series

-

2019

GC44

(Class

A2)

3,000,000

COMM

Mortgage

Trust

3

.263

08/15/57

2,692,180‌

Series

-

2019

GC44

(Class

AM)

650,000

i

CSAIL

Commercial

Mortgage

Trust

5

.085

01/15/49

606,923‌

Series

-

2016

C6

(Class

C)

2,000,000

i

CSAIL

Commercial

Mortgage

Trust

4

.224

08/15/51

1,975,482‌

Series

-

2018

CX12

(Class

A4)

10,000,000

CSAIL

Commercial

Mortgage

Trust

4

.053

03/15/52

9,790,129‌

Series

-

2019

C15

(Class

A4)

2,000,000

DBGS

Mortgage

Trust

4

.358

10/15/51

2,007,427‌

Series

-

2018

C1

(Class

A2)

5,790,000

DBGS

Mortgage

Trust

4

.466

10/15/51

5,828,068‌

Series

-

2018

C1

(Class

A4)

3,500,000

DBJPM

3

.276

05/10/49

3,380,047‌

Series

-

2016

C1

(Class

A4)

1,000,000

DBJPM

3

.539

05/10/49

961,325‌

Series

-

2016

C1

(Class

AM)

1,590,000

DBJPM

3

.328

06/10/50

1,521,762‌

Series

-

2017

C6

(Class

A5)

5,000,000

DBJPM

1

.900

08/15/53

4,642,720‌

Series

-

2020

C9

(Class

A2)

1,500,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.199

12/25/27

1,317,923‌

Series

-

2021

K741

(Class

AM)

8,440,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.603

12/25/27

7,652,204‌

Series

-

2021

K741

(Class

A2)

2,951,015

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.712

07/25/28

2,675,834‌

Series

-

2021

K744

(Class

A2)

918,999

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.229

03/25/30

822,294‌

Series

-

2021

K128

(Class

A1)

976,552

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.101

08/25/30

859,596‌

Series

-

2021

K125

(Class

A1)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

143

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,980,681

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.353

%

11/25/30

$

1,764,788‌

Series

-

2021

K127

(Class

A1)

1,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.792

01/25/31

861,166‌

Series

-

2021

K126

(Class

AM)

9,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.846

01/25/31

7,841,796‌

Series

-

2021

K125

(Class

A2)

3,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

2

.108

01/25/31

2,670,246‌

Series

-

2021

K127

(Class

A2)

1,332,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.851

02/25/31

1,150,902‌

Series

-

2021

K127

(Class

AM)

1,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.749

03/25/31

855,326‌

Series

-

2021

K128

(Class

AM)

2,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

2

.020

03/25/31

1,766,958‌

Series

-

2021

K128

(Class

A2)

1,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.647

05/25/31

845,541‌

Series

-

2021

K129

(Class

AM)

1,889,943

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

2

.007

07/25/35

1,674,719‌

Series

-

2021

1520

(Class

A1)

2,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

2

.438

02/25/36

1,664,755‌

Series

-

2021

1520

(Class

A2)

2,000,000

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

2

.184

08/25/36

1,600,115‌

Series

-

2021

1521

(Class

A2)

300,000

GS

Mortgage

Securities

Corp

II

2

.943

02/10/46

298,114‌

Series

-

2013

GC10

(Class

A5)

300,000

GS

Mortgage

Securities

Corp

II

3

.279

02/10/46

298,049‌

Series

-

2013

GC10

(Class

AS)

800,000

GS

Mortgage

Securities

Corp

II

3

.382

05/10/50

785,145‌

Series

-

2015

GC30

(Class

A4)

500,000

GS

Mortgage

Securities

Trust

3

.135

06/10/46

494,750‌

Series

-

2013

GC12

(Class

A4)

173,008

GS

Mortgage

Securities

Trust

3

.813

11/10/46

172,875‌

Series

-

2013

GC16

(Class

AAB)

1,000,000

GS

Mortgage

Securities

Trust

4

.074

01/10/47

996,426‌

Series

-

2014

GC18

(Class

A4)

1,500,000

GS

Mortgage

Securities

Trust

3

.964

11/10/47

1,476,722‌

Series

-

2014

GC26

(Class

AS)

1,750,099

GS

Mortgage

Securities

Trust

3

.136

02/10/48

1,702,938‌

Series

-

2015

GC28

(Class

A4)

1,423,318

GS

Mortgage

Securities

Trust

3

.178

11/10/49

1,355,622‌

Series

-

2016

GS4

(Class

A3)

1,350,000

i

GS

Mortgage

Securities

Trust

4

.080

11/10/49

1,196,847‌

Series

-

2016

GS4

(Class

C)

817,332

GS

Mortgage

Securities

Trust

2

.945

08/10/50

816,933‌

Series

-

2017

GS7

(Class

A2)

1,500,000

GS

Mortgage

Securities

Trust

3

.430

08/10/50

1,451,093‌

Series

-

2017

GS7

(Class

A4)

1,000,000

GS

Mortgage

Securities

Trust

3

.872

02/10/52

993,304‌

Series

-

2019

GC38

(Class

A2)

2,500,000

GS

Mortgage

Securities

Trust

3

.968

02/10/52

2,448,477‌

Series

-

2019

GC38

(Class

A4)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

144

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

500,000

i

GS

Mortgage

Securities

Trust

4

.309

%

02/10/52

$

473,418‌

Series

-

2019

GC38

(Class

B)

2,500,000

GS

Mortgage

Securities

Trust

2

.898

02/13/53

2,408,566‌

Series

-

2020

GC45

(Class

A2)

4,000,000

i

GS

Mortgage

Securities

Trust

3

.173

02/13/53

3,599,378‌

Series

-

2020

GC45

(Class

AS)

2,000,000

i

GS

Mortgage

Securities

Trust

3

.405

02/13/53

1,756,602‌

Series

-

2020

GC45

(Class

B)

2,000,000

GS

Mortgage

Securities

Trust

2

.125

05/12/53

1,721,203‌

Series

-

2020

GC47

(Class

A4)

4,000,000

GS

Mortgage

Securities

Trust

2

.377

05/12/53

3,476,412‌

Series

-

2020

GC47

(Class

A5)

1,000,000

GS

Mortgage

Securities

Trust

1

.662

12/12/53

890,675‌

Series

-

2020

GSA2

(Class

AAB)

3,000,000

GS

Mortgage

Securities

Trust

1

.721

12/12/53

2,461,170‌

Series

-

2020

GSA2

(Class

A4)

2,000,000

GS

Mortgage

Securities

Trust

2

.012

12/12/53

1,657,256‌

Series

-

2020

GSA2

(Class

A5)

1,000,000

GS

Mortgage

Securities

Trust

2

.224

12/12/53

824,777‌

Series

-

2020

GSA2

(Class

AS)

300,000

i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

5

.114

05/15/45

286,860‌

Series

-

2012

C6

(Class

D)

410,544

i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.994

01/15/46

409,269‌

Series

-

2013

C13

(Class

A4)

1,500,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

2

.960

04/15/46

1,484,703‌

Series

-

2013

LC11

(Class

A5)

500,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.166

12/15/46

497,674‌

Series

-

2013

C16

(Class

A4)

62,233

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

2

.702

12/15/47

62,162‌

Series

-

2013

C10

(Class

ASB)

186,996

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

2

.840

12/15/47

186,486‌

Series

-

2012

LC9

(Class

A5)

491,190

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.143

12/15/47

487,766‌

Series

-

2013

C10

(Class

A5)

574,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.372

12/15/47

569,731‌

Series

-

2013

C10

(Class

AS)

1,000,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

2

.822

08/15/49

949,628‌

Series

-

2016

JP2

(Class

A4)

909,168

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.109

07/15/50

889,522‌

Series

-

2017

JP6

(Class

A3)

659,293

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.038

09/15/50

658,668‌

Series

-

2017

JP7

(Class

A2)

2,500,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.454

09/15/50

2,403,057‌

Series

-

2017

JP7

(Class

A5)

2,150,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.219

06/13/52

2,061,464‌

Series

-

2019

COR5

(Class

ASB)

2,000,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.801

09/15/47

1,984,198‌

Series

-

2014

C22

(Class

A4)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

145

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,875,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.118

%

05/15/48

$

1,787,689‌

Series

-

2015

C29

(Class

B)

2,700,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.227

10/15/48

2,626,022‌

Series

-

2015

C28

(Class

A4)

1,100,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.532

10/15/48

1,056,561‌

Series

-

2015

C28

(Class

AS)

2,000,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.770

12/15/48

1,974,281‌

Series

-

2015

C33

(Class

A4)

1,000,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.576

03/17/49

975,608‌

Series

-

2016

C1

(Class

A5)

500,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.970

03/17/49

488,513‌

Series

-

2016

C1

(Class

AS)

500,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.890

03/17/49

489,104‌

Series

-

2016

C1

(Class

B)

1,000,000

i

JPMDB

Commercial

Mortgage

Securities

Trust

3

.990

06/15/49

897,388‌

Series

-

2016

C2

(Class

B)

5,922,824

JPMDB

Commercial

Mortgage

Securities

Trust

3

.141

12/15/49

5,630,277‌

Series

-

2016

C4

(Class

A3)

5,000,000

JPMDB

Commercial

Mortgage

Securities

Trust

2

.946

11/13/52

4,856,219‌

Series

-

2019

COR6

(Class

A2)

60,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

2

.918

02/15/46

59,661‌

Series

-

2013

C7

(Class

A4)

485,066

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

2

.834

05/15/46

479,749‌

Series

-

2013

C9

(Class

A3)

1,250,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.102

05/15/46

1,237,537‌

Series

-

2013

C9

(Class

A4)

500,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.456

05/15/46

495,045‌

Series

-

2013

C9

(Class

AS)

240,000

i

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.708

05/15/46

235,111‌

Series

-

2013

C9

(Class

B)

43,106

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.824

10/15/46

43,066‌

Series

-

2013

C12

(Class

ASB)

377,991

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.654

04/15/47

376,963‌

Series

-

2014

C15

(Class

ASB)

2,000,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.892

06/15/47

1,987,706‌

Series

-

2014

C16

(Class

A5)

3,500,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.249

02/15/48

3,414,700‌

Series

-

2015

C20

(Class

A4)

1,000,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.306

04/15/48

971,682‌

Series

-

2015

C22

(Class

A4)

1,000,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.732

05/15/48

983,253‌

Series

-

2015

C24

(Class

A4)

2,706,598

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.134

12/15/48

2,701,865‌

Series

-

2013

C8

(Class

A4)

2,000,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.599

05/15/50

1,939,350‌

Series

-

2017

C33

(Class

A5)

535,000

Morgan

Stanley

Capital

I

Trust

3

.594

03/15/49

521,801‌

Series

-

2016

UBS9

(Class

A4)

533,571

Morgan

Stanley

Capital

I

Trust

3

.997

07/15/51

532,257‌

Series

-

2018

H3

(Class

A2)

1,000,000

i

Morgan

Stanley

Capital

I

Trust

5

.026

07/15/51

944,911‌

Series

-

2018

H3

(Class

C)

1,500,000

i

Morgan

Stanley

Capital

I

Trust

4

.238

10/15/51

1,497,621‌

Series

-

2018

L1

(Class

ASB)

2,000,000

Morgan

Stanley

Capital

I

Trust

4

.288

10/15/51

1,993,678‌

Series

-

2018

L1

(Class

A2)

1,500,000

i

Morgan

Stanley

Capital

I

Trust

4

.407

10/15/51

1,499,568‌

Series

-

2018

L1

(Class

A4)

1,000,000

Morgan

Stanley

Capital

I

Trust

4

.071

03/15/52

976,557‌

Series

-

2019

L2

(Class

A4)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

146

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

5,000,000

Morgan

Stanley

Capital

I

Trust

3

.224

%

06/15/52

$

4,777,586‌

Series

-

2019

H6

(Class

ASB)

750,000

Morgan

Stanley

Capital

I

Trust

3

.417

06/15/52

703,556‌

Series

-

2019

H6

(Class

A4)

5,000,000

Morgan

Stanley

Capital

I

Trust

1

.790

07/15/53

4,164,415‌

Series

-

2020

HR8

(Class

A3)

2,000,000

Morgan

Stanley

Capital

I

Trust

2

.438

05/15/54

1,725,718‌

Series

-

2021

L5

(Class

A3)

1,000,000

Morgan

Stanley

Capital

I

Trust

2

.951

05/15/54

872,287‌

Series

-

2021

L5

(Class

AS)

1,423,899

UBS

Barclays

Commercial

Mortgage

Trust

3

.185

03/10/46

1,416,830‌

Series

-

2013

C5

(Class

A4)

500,000

UBS

Barclays

Commercial

Mortgage

Trust

3

.244

04/10/46

496,606‌

Series

-

2013

C6

(Class

A4)

93,904

UBS

Barclays

Commercial

Mortgage

Trust

3

.525

05/10/63

93,740‌

Series

-

2012

C2

(Class

A4)

955,344

UBS

Commercial

Mortgage

Trust

2

.998

08/15/50

954,625‌

Series

-

2017

C3

(Class

A2)

1,500,000

UBS

Commercial

Mortgage

Trust

3

.426

08/15/50

1,438,362‌

Series

-

2017

C3

(Class

A4)

1,000,000

i

UBS

Commercial

Mortgage

Trust

3

.739

08/15/50

945,634‌

Series

-

2017

C3

(Class

AS)

613,496

UBS

Commercial

Mortgage

Trust

3

.147

10/15/50

613,102‌

Series

-

2017

C4

(Class

A2)

353,653

UBS

Commercial

Mortgage

Trust

3

.713

02/15/51

353,060‌

Series

-

2018

C8

(Class

A2)

11,000,000

UBS

Commercial

Mortgage

Trust

4

.313

05/15/51

10,956,303‌

Series

-

2018

C10

(Class

A4)

2,000,000

UBS

Commercial

Mortgage

Trust

4

.296

08/15/51

1,990,969‌

Series

-

2018

C12

(Class

A5)

2,400,000

i

UBS

Commercial

Mortgage

Trust

5

.442

12/15/51

2,072,439‌

Series

-

2018

C14

(Class

C)

875,000

i

Wells

Fargo

Commercial

Mortgage

Trust

3

.872

05/15/48

856,949‌

Series

-

2015

C28

(Class

AS)

2,000,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.695

11/15/48

1,963,575‌

Series

-

2015

C31

(Class

A4)

480,000

i

Wells

Fargo

Commercial

Mortgage

Trust

4

.224

12/15/48

461,130‌

Series

-

2015

NXS4

(Class

B)

2,000,000

Wells

Fargo

Commercial

Mortgage

Trust

2

.652

08/15/49

1,882,808‌

Series

-

2016

BNK1

(Class

A3)

500,000

Wells

Fargo

Commercial

Mortgage

Trust

2

.967

08/15/49

436,638‌

Series

-

2016

BNK1

(Class

B)

1,000,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.377

11/15/49

946,852‌

Series

-

2016

NXS6

(Class

AS)

2,000,000

Wells

Fargo

Commercial

Mortgage

Trust

4

.152

08/15/51

1,976,816‌

Series

-

2018

C46

(Class

A4)

2,700,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.760

03/15/52

2,589,264‌

Series

-

2019

C49

(Class

A4)

2,000,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.635

05/15/52

1,946,376‌

Series

-

2019

C50

(Class

ASB)

3,250,000

Wells

Fargo

Commercial

Mortgage

Trust

4

.192

05/15/52

3,043,353‌

Series

-

2019

C50

(Class

B)

10,000,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.040

10/15/52

9,153,869‌

Series

-

2019

C53

(Class

A4)

2,500,000

Wells

Fargo

Commercial

Mortgage

Trust

1

.810

07/15/53

2,084,712‌

Series

-

2020

C58

(Class

A3)

1,500,000

Wells

Fargo

Commercial

Mortgage

Trust

2

.092

07/15/53

1,259,111‌

Series

-

2020

C58

(Class

A4)

500,000

Wells

Fargo

Commercial

Mortgage

Trust

2

.398

07/15/53

419,360‌

Series

-

2020

C58

(Class

AS)

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

147

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

10,000,000

Wells

Fargo

Commercial

Mortgage

Trust

1

.864

%

08/15/53

$

8,380,350‌

Series

-

2020

C57

(Class

A3)

1,893,000

Wells

Fargo

Commercial

Mortgage

Trust

2

.626

04/15/54

1,647,105‌

Series

-

2021

C59

(Class

A5)

117,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.896

03/15/59

107,936‌

Series

-

2016

C33

(Class

C)

775,000

WF-RBS

Commercial

Mortgage

Trust

3

.241

12/15/45

768,682‌

Series

-

2012

C10

(Class

AS)

600,000

WF-RBS

Commercial

Mortgage

Trust

3

.337

06/15/46

590,749‌

Series

-

2013

C14

(Class

A5)

500,000

i

WF-RBS

Commercial

Mortgage

Trust

4

.646

03/15/47

479,642‌

Series

-

2014

C19

(Class

C)

1,000,000

i

WF-RBS

Commercial

Mortgage

Trust

4

.723

03/15/47

978,415‌

Series

-

2014

C19

(Class

B)

349,331

WF-RBS

Commercial

Mortgage

Trust

3

.198

03/15/48

347,621‌

Series

-

2013

C12

(Class

A4)

TOTAL

OTHER

MORTGAGE

BACKED

373,470,171‌

TOTAL

STRUCTURED

ASSETS

491,684,763‌

(Cost

$535,040,975)

TOTAL

BONDS

19,815,077,184‌

(Cost

$21,795,035,377)

REFERENCERATE

&

SPREAD

SHORT-TERM

INVESTMENTS

-

1.5%

GOVERNMENT

AGENCY

DEBT

-

0

.1

%

$

24,000,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

07/15/22

23,986,941‌

TOTAL

GOVERNMENT

AGENCY

DEBT

23,986,941‌

REPURCHASE

AGREEMENT

-

0

.9

%

184,275,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

184,275,000‌

TOTAL

REPURCHASE

AGREEMENT

184,275,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

0

.5

%

100,376,877

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

100,376,877‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

100,376,877‌

TOTAL

SHORT-TERM

INVESTMENTS

308,638,818‌

(Cost

$308,640,677)

TOTAL

INVESTMENTS

-

101.0%

20,123,716,002‌

(Cost

$22,103,676,054)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(1.0)%

(

207,077,071‌

)

NET

ASSETS

-

100.0%

$

19,916,638,931‌

DGS1

1-Year

Treasury

Constant

Maturity

Rate

LIBOR

London

Interbank

Offered

Rate

M

Month

REIT

Real

Estate

Investment

Trust

Portfolio

of

investments

(unaudited)

Bond

Index

Fund

June

30,

2022

148

TIAA-CREF

Funds

concluded

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$106,836,526.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$107,813,930

or

0.5%

of

net

assets.

h

All

or

a

portion

of

these

securities

were

purchased

on

a

delayed

delivery

basis.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$184,275,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

0.625%

and

maturity

date

1/15/26,

valued

at

$187,960,507.

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

149

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

1.1%

AUTOMOBILES

&

COMPONENTS

-

0

.0

%

$

447,326

i

Clarios

Global

LP

LIBOR  1M

+

3.250%

4

.916

%

04/30/26

$

416,573‌

798,518

i

Gates

Global

LLC

LIBOR  1M

+

2.500%

4

.166

03/31/27

751,805‌

TOTAL

AUTOMOBILES

&

COMPONENTS

1,168,378‌

BANKS

-

0

.0

%

275,000

i

Amentum

Government

Services

Holdings

LLC

SOFR  3M

+

4.000%

4

.777

02/15/29

261,080‌

TOTAL

BANKS

261,080‌

CAPITAL

GOODS

-

0

.1

%

701,491

i

Avolon

TLB

Borrower

US

LLC

LIBOR  1M

+

1.750%

3

.345

01/15/25

668,282‌

901,891

i

Avolon

TLB

Borrower

US

LLC

LIBOR

1

M

+

1.500%

3

.095

02/12/27

849,473‌

477,500

i

Clydesdale

Acquisition

Holdings,

Inc

SOFR  1M

+

4.250%

5

.875

04/13/29

445,493‌

836,396

i

Cornerstone

Building

Brands,

Inc

LIBOR  1M

+

3.250%

4

.574

04/12/28

690,027‌

378,504

i

Prometric

Holdings

Inc

LIBOR  1M

+

3.000%

4

.670

01/29/25

350,748‌

415,909

i

SRAM

LLC

LIBOR  3M

+

2.750%

3

.250

05/18/28

394,939‌

1,440,452

i

TransDigm,

Inc

LIBOR  1M

+

2.250%

3

.916

08/22/24

1,386,292‌

471,796

i

TransDigm,

Inc

LIBOR  1M

+

2.250%

3

.916

12/09/25

446,371‌

577,715

i

Univar

Solutions

USA,

Inc

LIBOR  1M

+

1.750%

3

.416

05/26/28

566,068‌

TOTAL

CAPITAL

GOODS

5,797,693‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.1

%

645,272

i

Clean

Harbors,

Inc

LIBOR  1M

+

1.750%

3

.416

06/28/24

639,225‌

659,888

i

Dun

&

Bradstreet

Corp

LIBOR  1M

+

3.250%

4

.874

02/06/26

621,325‌

671,949

i

GFL

Environmental,

Inc

LIBOR

1

M

+

3.000%

3

.500

05/31/25

653,752‌

1,225,939

i

Intrado

Corp

LIBOR  1M

+

4.000%

5

.666

10/10/24

1,037,279‌

719,858

i

Peraton

Corp

LIBOR  1M

+

3.750%

4

.514

02/01/28

674,479‌

1,295,762

i

Prime

Security

Services

Borrower

LLC

LIBOR  3M

+

2.750%

3

.500

09/23/26

1,206,951‌

727,330

i

Sedgwick

Claims

Management

Services,

Inc

LIBOR  1M

+

3.250%

4

.916

12/31/25

681,508‌

460,969

i

Spin

Holdco,

Inc

LIBOR  3M

+

4.000%

5

.611

03/04/28

423,400‌

870,847

i

Trans

Union

LLC

LIBOR  1M

+

2.250%

3

.916

12/01/28

828,576‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

6,766,495‌

CONSUMER

DURABLES

&

APPAREL

-

0

.0

%

992,500

i

Conair

Holdings

LLC

LIBOR  3M

+

3.750%

6

.000

05/17/28

827,080‌

779,343

i

Great

Outdoors

Group

LLC

LIBOR  1M

+

3.750%

5

.416

03/06/28

708,423‌

1,057,978

i

Samsonite

IP

Holdings

Sarl

LIBOR  1M

+

1.750%

3

.416

04/25/25

1,009,311‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

2,544,814‌

CONSUMER

SERVICES

-

0

.1

%

1,321,952

i

1011778

BC

ULC

LIBOR  1M

+

1.750%

3

.416

11/19/26

1,259,490‌

1,361,250

i

AlixPartners

LLP

LIBOR  1M

+

2.750%

4

.416

02/04/28

1,291,268‌

353,700

i

Caesars

Resort

Collection

LLC

LIBOR  1M

+

3.500%

5

.166

07/21/25

340,171‌

590,529

i

Carnival

Corp

LIBOR  3M

+

3.250%

6

.127

10/18/28

528,523‌

661,675

i

CCC

Intelligent

Solutions,

Inc

LIBOR  3M

+

2.250%

4

.500

09/21/28

626,275‌

987,047

i

ClubCorp

Holdings,

Inc

LIBOR  3M

+

2.750%

5

.000

09/18/24

907,205‌

455,000

h,i

Element

Materials

Technology

Group

US

Holdings,

Inc

SOFR  1M

+

4.250%

4

.750

04/12/29

435,663‌

210,000

h,i

Element

Materials

Technology

Group

US

Holdings,

Inc

SOFR  3M

+

4.250%

6

.535

04/12/29

201,075‌

974,986

i

Fertitta

Entertainment

LLC

SOFR  1M

+

4.000%

5

.525

01/27/29

896,626‌

866,250

i

IRB

Holding

Corp

SOFR  1M

+

3.000%

4

.238

12/15/27

811,390‌

383,674

i

KFC

Holding

Co

LIBOR  1M

+

1.750%

3

.345

03/09/28

377,919‌

122,019

i

KUEHG

Corp

LIBOR  3M

+

3.750%

4

.756

02/21/25

113,260‌

643,824

i

Life

Time,

Inc

LIBOR  3M

+

4.750%

6

.325

12/10/24

634,166‌

310,500

i

Penn

National

Gaming,

Inc

SOFR  1M

+

2.750%

4

.375

05/03/29

297,111‌

2,246,648

i

Sophia

LP

LIBOR

1

M

+

3.750%

4

.256

10/07/27

2,090,798‌

1,368,116

i

Stars

Group

Holdings

BV

LIBOR  3M

+

2.250%

4

.500

07/21/26

1,298,493‌

448,517

i

Sterling

Midco

Holdings,

Inc

LIBOR  3M

+

3.500%

5

.075

06/19/24

441,789‌

TOTAL

CONSUMER

SERVICES

12,551,222‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

150

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS

-

0

.0

%

$

602,320

i

Lions

Gate

Capital

Holdings

LLC

LIBOR  1M

+

2.250%

3

.916

%

03/24/25

$

580,865‌

1,361,250

i

Reynolds

Group

Holdings,

Inc

LIBOR  1M

+

3.250%

4

.916

02/05/26

1,266,820‌

TOTAL

DIVERSIFIED

FINANCIALS

1,847,685‌

ENERGY

-

0

.0

%

1,393,098

i

Buckeye

Partners

LP

LIBOR  1M

+

2.250%

3

.916

11/01/26

1,329,544‌

946,601

i

Delek

US

Holdings,

Inc

LIBOR  1M

+

2.250%

3

.916

03/31/25

904,004‌

193,674

i

DT

Midstream,

Inc

LIBOR  1M

+

2.000%

3

.688

06/26/28

192,948‌

TOTAL

ENERGY

2,426,496‌

FOOD

&

STAPLES

RETAILING

-

0

.0

%

1,094,500

i

US

Foods,

Inc

LIBOR  3M

+

2.750%

4

.325

11/22/28

1,040,049‌

TOTAL

FOOD

&

STAPLES

RETAILING

1,040,049‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.1

%

964,546

i

Chobani

LLC

LIBOR  1M

+

3.500%

5

.166

10/20/27

872,432‌

147,000

i

Froneri

US,

Inc

LIBOR  1M

+

2.250%

3

.916

01/29/27

134,934‌

1,881,000

i

Hayward

Industries,

Inc

LIBOR  1M

+

2.500%

4

.166

05/28/28

1,786,367‌

712,723

i

Hearthside

Food

Solutions

LLC

LIBOR  1M

+

3.688%

5

.354

05/23/25

637,737‌

974,937

i

Hostess

Brands

LLC

LIBOR  3M

+

2.250%

3

.489

08/01/25

932,108‌

506,312

i

Triton

Water

Holdings,

Inc

LIBOR  3M

+

3.500%

5

.750

03/31/28

446,461‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

4,810,039‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0

.1

%

783,018

i

ADMI

Corp

LIBOR  1M

+

3.375%

5

.041

12/23/27

711,849‌

948,321

i

Change

Healthcare

Holdings

LLC

LIBOR  1M

+

2.500%

4

.166

03/01/24

920,943‌

592,341

i

Da

Vinci

Purchaser

Corp

LIBOR  3M

+

4.000%

5

.006

01/08/27

559,762‌

1,215,703

i

DaVita,

Inc

LIBOR  1M

+

1.750%

3

.416

08/12/26

1,123,553‌

611,199

i

Global

Medical

Response,

Inc

LIBOR  3M

+

4.250%

5

.250

10/02/25

567,272‌

628,509

i

Grifols

Worldwide

Operations

USA,

Inc

LIBOR  1M

+

2.000%

3

.666

11/15/27

592,608‌

598,734

i

NMN

Holdings

III

Corp

LIBOR  1M

+

3.750%

5

.416

11/13/25

541,855‌

128,471

i

NMN

Holdings

III

Corp

LIBOR  1M

+

3.750%

5

.416

11/13/25

116,266‌

1,905,750

i

Onex

TSG

Intermediate

Corp

LIBOR  1M

+

4.750%

6

.416

02/28/28

1,769,965‌

987,500

i

Phoenix

Guarantor,

Inc

LIBOR  1M

+

3.500%

5

.142

03/05/26

924,685‌

1,359,493

i

RegionalCare

Hospital

Partners

Holdings,

Inc

LIBOR  1M

+

3.750%

4

.250

11/16/25

1,265,811‌

946,734

i

Select

Medical

Corp

LIBOR  1M

+

2.500%

4

.170

03/06/25

904,130‌

1,165,128

i

Surgery

Center

Holdings,

Inc

LIBOR  1M

+

3.750%

4

.950

09/03/26

1,083,208‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

11,081,907‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.0

%

666,563

i

Energizer

Holdings,

Inc

LIBOR  1M

+

2.250%

3

.875

12/16/27

631,155‌

988,875

i

Weber-Stephen

Products

LLC

LIBOR  1M

+

3.250%

4

.916

10/29/27

894,932‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

1,526,087‌

INSURANCE

-

0

.0

%

672,263

i

Acrisure

LLC

LIBOR  1M

+

3.500%

5

.166

02/15/27

615,120‌

15,350

i

Alliant

Holdings

Intermediate

LLC

LIBOR  1M

+

3.500%

5

.009

11/05/27

14,241‌

915,343

i

Asurion

LLC

LIBOR  1M

+

3.000%

4

.666

11/03/24

856,303‌

424,113

i

Asurion

LLC

LIBOR

1

M

+

3.250%

4

.916

12/23/26

383,559‌

764,468

i

HUB

International

Ltd

LIBOR  3M

+

3.250%

4

.348

04/25/25

723,554‌

978,878

i

NFP

Corp

LIBOR  1M

+

3.250%

4

.916

02/15/27

902,525‌

474,485

i

USI,

Inc

LIBOR  3M

+

3.000%

5

.250

05/16/24

454,025‌

TOTAL

INSURANCE

3,949,327‌

MATERIALS

-

0

.1

%

678,773

i

Asplundh

Tree

Expert

LLC

LIBOR  1M

+

1.750%

3

.416

09/07/27

653,882‌

1,207,800

i

Eco

Services

Operations

Corp

LIBOR  3M

+

2.500%

3

.739

06/09/28

1,151,939‌

710,362

i

H.B.

Fuller

Co

LIBOR  1M

+

2.000%

3

.595

10/21/24

706,426‌

765,313

i

Kloeckner

Pentaplast

of

America,

Inc

LIBOR  6M

+

4.750%

5

.554

02/12/26

644,776‌

391,174

i

Messer

Industries

USA,

Inc

LIBOR  3M

+

2.500%

4

.750

03/01/26

372,593‌

146,139

i

Quikrete

Holdings,

Inc

LIBOR  1M

+

2.625%

3

.685

02/01/27

136,567‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

151

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

299,701

i

Reynolds

Consumer

Products

LLC

LIBOR  1M

+

1.750%

3

.416

%

02/04/27

$

287,407‌

740,068

i

Tamko

Building

Products,

Inc

LIBOR  3M

+

3.000%

4

.239

05/29/26

691,039‌

869,593

i

Tronox

Finance

LLC

LIBOR  1M

+

2.250%

3

.916

03/10/28

826,114‌

144,275

i

WR

Grace

Holdings

LLC

LIBOR  3M

+

3.750%

6

.063

09/22/28

136,556‌

TOTAL

MATERIALS

5,607,299‌

MEDIA

&

ENTERTAINMENT

-

0

.2

%

925,571

i

Alliance

Laundry

Systems

LLC

LIBOR  3M

+

3.500%

4

.521

10/08/27

877,562‌

487,080

i

Altice

Financing

S.A.

LIBOR  3M

+

2.750%

3

.794

02/02/26

438,981‌

608,144

i

Arterra

Wines

Canada,

Inc

LIBOR  3M

+

3.500%

5

.750

11/19/27

566,589‌

294,750

i

Banijay

Group

US

Holding,

Inc

LIBOR  1M

+

3.750%

4

.870

03/03/25

278,907‌

197,000

i

Cablevision

Lightpath

LLC

LIBOR  1M

+

3.250%

4

.574

11/30/27

185,304‌

2,524

i

Cirque

Du

Soleil

Holding

USA

Newco,

Inc

LIBOR  3M

+

1.000%

2

.000

11/24/27

2,465‌

592,500

i

CNT

Holdings

I

Corp

LIBOR  1M

+

3.500%

4

.690

11/08/27

561,269‌

940,000

i

Coral-US

Co-Borrower

LLC

LIBOR  1M

+

3.000%

4

.324

10/15/29

878,665‌

500,000

i

Delta

2

Lux

Sarl

LIBOR  1M

+

2.500%

4

.166

02/01/24

486,500‌

287,329

i

Diamond

Sports

Group

LLC

SOFR  1M

+

8.000%

9

.181

05/25/26

285,412‌

1,462,500

†,i

Diamond

Sports

Group

LLC

LIBOR

1

M

+

3.250%

3

.545

08/24/26

336,375‌

913,850

i

DIRECTV

Financing

LLC

LIBOR  1M

+

5.000%

6

.666

08/02/27

838,841‌

990,729

i

INEOS

US

Petrochem

LLC

LIBOR  1M

+

2.750%

4

.416

01/29/26

932,831‌

1,197,000

i

Mozart

Borrower

LP

LIBOR  1M

+

3.250%

4

.916

10/23/28

1,108,159‌

231,080

i

Nielsen

Finance

LLC

LIBOR  1M

+

2.000%

3

.190

10/04/23

229,456‌

543,769

i

Organon

&

Co

LIBOR  3M

+

3.000%

4

.625

06/02/28

522,247‌

420,748

i

Park

River

Holdings,

Inc

LIBOR  3M

+

3.250%

4

.217

12/28/27

342,384‌

498,750

i

Phoenix

Newco,

Inc

LIBOR  1M

+

3.250%

3

.750

11/15/28

467,329‌

685,983

i

Rackspace

Technology

Global,

Inc

LIBOR  3M

+

2.750%

4

.160

02/03/28

623,387‌

1,218,875

i

Radiate

Holdco

LLC

LIBOR

1

M

+

3.250%

4

.000

09/25/26

1,130,506‌

962,878

i

Ryan

Specialty

Group

LLC

SOFR  1M

+

3.000%

4

.625

09/01/27

924,363‌

275,000

i

SkyMiles

IP

Ltd

LIBOR  3M

+

3.750%

4

.813

10/20/27

273,023‌

946

i

TK

Elevator

US

Newco,

Inc

LIBOR  6M

+

3.500%

4

.019

07/30/27

884‌

1,082,575

i

TricorBraun

Holdings,

Inc

LIBOR  1M

+

3.250%

4

.310

03/03/28

1,004,283‌

329,949

i

Univision

Communications,

Inc

LIBOR  1M

+

3.250%

4

.310

03/15/26

311,115‌

950,000

i

Virgin

Media

Bristol

LLC

LIBOR  1M

+

2.500%

3

.824

01/31/28

887,718‌

262,703

i

Wand

NewCo

3,

Inc

LIBOR  1M

+

3.000%

4

.666

02/05/26

243,329‌

684,268

i

Woof

Holdings,

Inc

LIBOR  3M

+

3.750%

5

.813

12/21/27

638,080‌

TOTAL

MEDIA

&

ENTERTAINMENT

15,375,964‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.0

%

572,128

i

Avantor,

Inc

LIBOR  1M

+

2.250%

3

.916

11/08/27

548,797‌

962,563

i

Catalent

Pharma

Solutions,

Inc

LIBOR  1M

+

2.000%

3

.625

02/22/28

946,681‌

706,440

i

Endo

Luxembourg

Finance

Co

I

Sarl

LIBOR  1M

+

5.000%

6

.688

03/27/28

538,590‌

1,277,545

i

Horizon

Therapeutics

USA,

Inc

LIBOR  1M

+

2.000%

3

.625

05/22/26

1,229,637‌

491,259

i

Jazz

Financing

Lux

Sarl

LIBOR  1M

+

3.500%

5

.166

05/05/28

467,694‌

297,000

i

Perrigo

Investments

LLC

SOFR  1M

+

2.500%

3

.645

04/06/29

285,120‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

4,016,519‌

REAL

ESTATE

-

0

.0

%

885,812

i

Cushman

&

Wakefield

plc

LIBOR  1M

+

2.750%

4

.416

08/21/25

831,999‌

TOTAL

REAL

ESTATE

831,999‌

RETAILING

-

0

.0

%

597,250

i

Chariot

Buyer

LLC

LIBOR  1M

+

3.500%

5

.166

11/03/28

538,021‌

610,572

h,i

LS

GROUP

OPCO

ACQUISITIO

LIBOR  3M

+

3.250%

4

.000

11/02/27

568,595‌

782,020

i

Resideo

Funding,

Inc

LIBOR  3M

+

2.250%

3

.650

02/09/28

750,739‌

962,688

i

Staples,

Inc

LIBOR  3M

+

5.000%

6

.286

04/16/26

834,593‌

TOTAL

RETAILING

2,691,948‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.0

%

2,748,998

h,i

Bright

Bidco

BV

LIBOR  3M

+

3.500%

4

.774

06/30/24

1,208,570‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

1,208,570‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

152

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SOFTWARE

&

SERVICES

-

0

.1

%

$

467,000

i

Avaya

Holdings

Corp

LIBOR  1M

+

4.250%

5

.574

%

12/15/27

$

350,250‌

384,707

i

Camelot

Finance

S.A.

LIBOR  1M

+

3.000%

4

.666

10/30/26

363,229‌

985,000

i

Camelot

US

Acquisition

LIBOR  1M

+

3.000%

4

.666

10/31/26

926,717‌

773,501

i

Hyland

Software,

Inc

LIBOR  1M

+

3.500%

5

.166

07/01/24

744,711‌

847,875

i

Informatica

LLC

LIBOR  1M

+

2.750%

3

.563

10/27/28

802,836‌

65,643

i

IQVIA,

Inc

LIBOR  1M

+

1.750%

3

.416

03/07/24

64,248‌

508,000

i

Light

&

Wonder,

Inc

0

.000

04/07/29

481,330‌

1,174,100

i

Magenta

Buyer

LLC

LIBOR  3M

+

5.000%

6

.230

07/27/28

1,052,076‌

144,000

i

Mitnick

Corporate

Purchaser,

Inc

SOFR  3M

+

4.750%

5

.924

05/02/29

136,440‌

1,090,000

h,i

NortonLifeLock,

Inc

SOFR

+

2.000%

2

.500

01/28/29

1,031,140‌

472,625

i

RealPage,

Inc

LIBOR  1M

+

3.250%

4

.310

04/24/28

435,798‌

685

i

Rocket

Software,

Inc

LIBOR  1M

+

4.250%

5

.916

11/28/25

635‌

469,100

i

SS&C

Technologies,

Inc

SOFR  1M

+

2.250%

3

.875

03/22/29

445,880‌

669,241

i

SS&C

Technologies,

Inc

SOFR

1M

+

2.250%

3

.875

03/22/29

636,114‌

TOTAL

SOFTWARE

&

SERVICES

7,471,404‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.0

%

495,000

i

Ingram

Micro,

Inc

LIBOR  3M

+

3.500%

5

.750

06/30/28

467,156‌

755,472

i

TTM

Technologies,

Inc

LIBOR  1M

+

2.500%

3

.562

09/28/24

742,961‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,210,117‌

TELECOMMUNICATION

SERVICES

-

0

.0

%

470,892

i

CommScope,

Inc

LIBOR  1M

+

3.250%

4

.916

04/06/26

421,745‌

830,735

i

MLN

US

Holdco

LLC

LIBOR  1M

+

4.500%

5

.620

11/28/25

537,486‌

974,160

i

SFR

Group

S.A.

LIBOR  3M

+

3.688%

4

.732

01/31/26

884,050‌

623,553

i

Zayo

Group

Holdings,

Inc

LIBOR  1M

+

3.000%

4

.666

03/09/27

573,113‌

TOTAL

TELECOMMUNICATION

SERVICES

2,416,394‌

TRANSPORTATION

-

0

.1

%

250,000

i

Air

Canada

LIBOR  3M

+

3.500%

4

.250

08/11/28

229,375‌

1,439,394

i

American

Airlines,

Inc

LIBOR  3M

+

2.000%

2

.840

12/14/23

1,389,562‌

750,000

i

American

Airlines,

Inc

LIBOR  3M

+

4.750%

5

.813

04/20/28

714,105‌

311,575

i

Avis

Budget

Car

Rental

LLC

LIBOR  1M

+

1.750%

3

.420

08/06/27

294,292‌

377,150

i

CHG

Healthcare

Services,

Inc

LIBOR  3M

+

3.250%

4

.750

09/29/28

355,841‌

995,000

i

Gulf

Finance

LLC

LIBOR  1M

+

6.750%

7

.870

08/25/26

731,952‌

550,000

i

Mileage

Plus

Holdings

LLC

LIBOR  3M

+

5.250%

7

.313

06/18/27

542,300‌

1,000,000

i

XPO

Logistics,

Inc

LIBOR  1M

+

1.750%

2

.870

02/24/25

951,250‌

TOTAL

TRANSPORTATION

5,208,677‌

UTILITIES

-

0

.1

%

385,843

i

AssuredPartners,

Inc

LIBOR  1M

+

3.500%

5

.166

02/12/27

360,860‌

918,891

i

Calpine

Corp

LIBOR  1M

+

2.500%

4

.170

12/16/27

871,486‌

663,511

i

Covanta

Holding

Corp

LIBOR  1M

+

2.500%

4

.166

11/30/28

625,691‌

49,826

i

Covanta

Holding

Corp

LIBOR

1

M

+

2.500%

4

.166

11/30/28

46,986‌

1,475,744

i

First

Eagle

Holdings,

Inc

LIBOR  3M

+

2.500%

4

.750

02/02/27

1,374,287‌

1,944,290

i

Gopher

Resource

LLC

LIBOR  1M

+

3.250%

4

.916

03/06/25

1,588,076‌

723,827

i

Seattle

SpinCo,

Inc

LIBOR  1M

+

2.750%

4

.416

06/21/24

685,826‌

581,021

i

Seattle

SpinCo,

Inc

SOFR

1M

+

4.000%

5

.609

02/26/27

527,276‌

1,020,538

i

Utz

Quality

Foods

LLC

LIBOR  1M

+

3.000%

4

.666

01/20/28

970,787‌

897,370

i

Vistra

Operations

Co

LLC

LIBOR  1M

+

1.750%

3

.273

12/31/25

857,643‌

TOTAL

UTILITIES

7,908,918‌

TOTAL

BANK

LOAN

OBLIGATIONS

109,719,081‌

(Cost

$118,919,081)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

153

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BONDS

-

96.2%

CORPORATE

BONDS

-

35.3%

AUTOMOBILES

&

COMPONENTS

-

0

.4

%

$

4,500,000

g

Adient

Global

Holdings

Ltd

4

.875

%

08/15/26

$

3,949,470‌

225,000

Dana,

Inc

5

.375

11/15/27

194,960‌

225,000

e

Dana,

Inc

5

.625

06/15/28

193,676‌

325,000

Dana,

Inc

4

.250

09/01/30

252,266‌

1,755,000

Ford

Motor

Co

3

.250

02/12/32

1,312,564‌

4,900,000

g

Gates

Global

LLC

6

.250

01/15/26

4,544,750‌

5,550,000

General

Motors

Co

6

.125

10/01/25

5,737,248‌

1,400,000

General

Motors

Co

5

.000

10/01/28

1,356,470‌

1,700,000

General

Motors

Co

6

.600

04/01/36

1,721,570‌

10,050,000

General

Motors

Co

5

.200

04/01/45

8,441,457‌

475,000

General

Motors

Co

6

.750

04/01/46

476,607‌

2,000,000

e

Goodyear

Tire

&

Rubber

Co

5

.000

07/15/29

1,656,314‌

5,000,000

e

Goodyear

Tire

&

Rubber

Co

5

.250

04/30/31

4,057,100‌

3,000,000

g

Hyundai

Capital

Services,

Inc

2

.125

04/24/25

2,834,022‌

500,000

g,o

IHO

Verwaltungs

GmbH

6

.375

05/15/29

435,100‌

1,750,000

Magna

International,

Inc

3

.625

06/15/24

1,749,332‌

TOTAL

AUTOMOBILES

&

COMPONENTS

38,912,906‌

BANKS

-

8

.3

%

2,000,000

e,g

Akbank

T.A.S.

6

.800

02/06/26

1,787,005‌

1,500,000

g

Akbank

T.A.S.

6

.800

06/22/31

1,270,493‌

2,995,000

g

Australia

&

New

Zealand

Banking

Group

Ltd

2

.950

07/22/30

2,822,758‌

10,000,000

g

Australia

&

New

Zealand

Banking

Group

Ltd

6

.750

N/A‡

9,825,000‌

3,000,000

e

Banco

Bilbao

Vizcaya

Argentaria

S.A.

6

.500

N/A‡

2,739,344‌

2,100,000

e,g

Banco

de

Credito

del

Peru

2

.700

01/11/25

1,971,375‌

4,150,000

g

Banco

de

Credito

e

Inversiones

S.A.

2

.875

10/14/31

3,423,750‌

2,855,000

g

Banco

do

Brasil

S.A.

3

.250

09/30/26

2,580,206‌

1,725,000

g

Banco

Industrial

S.A.

4

.875

01/29/31

1,590,418‌

2,000,000

g

Banco

Internacional

del

Peru

SAA

Interbank

3

.375

01/18/23

1,992,000‌

3,300,000

g

Banco

Internacional

del

Peru

SAA

Interbank

4

.000

07/08/30

3,052,500‌

1,725,000

g

Banco

Nacional

de

Comercio

Exterior

SNC

2

.720

08/11/31

1,514,136‌

2,800,000

g

Banco

Santander

Mexico

S.A.

Institucion

de

Banca

Multiple

Grupo

Financiero

Santand

5

.375

04/17/25

2,809,212‌

3,400,000

Banco

Santander

S.A.

1

.722

09/14/27

2,951,123‌

4,200,000

Banco

Santander

S.A.

3

.800

02/23/28

3,928,825‌

5,400,000

Banco

Santander

S.A.

4

.750

N/A‡

4,415,531‌

2,000,000

Banco

Santander

S.A.

7

.500

N/A‡

1,955,000‌

3,700,000

Bancolombia

S.A.

3

.000

01/29/25

3,406,128‌

1,825,000

Bancolombia

S.A.

4

.625

12/18/29

1,592,312‌

2,600,000

g

Bangkok

Bank

PCL

3

.466

09/23/36

2,172,933‌

2,500,000

g

Banistmo

S.A.

4

.250

07/31/27

2,337,500‌

4,000,000

g

Bank

Hapoalim

BM

3

.255

01/21/32

3,420,000‌

8,000,000

g

Bank

Leumi

Le-Israel

BM

3

.275

01/29/31

7,000,000‌

32,525,000

Bank

of

America

Corp

0

.810

10/24/24

30,997,969‌

10,000,000

Bank

of

America

Corp

4

.000

01/22/25

9,955,577‌

1,000,000

Bank

of

America

Corp

4

.450

03/03/26

995,164‌

23,880,000

Bank

of

America

Corp

2

.592

04/29/31

20,253,656‌

15,000,000

Bank

of

America

Corp

1

.898

07/23/31

11,988,164‌

56,165,000

Bank

of

America

Corp

1

.922

10/24/31

44,863,964‌

5,000,000

Bank

of

America

Corp

2

.687

04/22/32

4,197,589‌

9,300,000

Bank

of

America

Corp

2

.572

10/20/32

7,670,752‌

23,300,000

Bank

of

America

Corp

2

.972

02/04/33

19,849,813‌

7,200,000

Bank

of

America

Corp

3

.846

03/08/37

6,223,314‌

8,925,000

Bank

of

America

Corp

2

.676

06/19/41

6,421,706‌

2,000,000

Bank

of

America

Corp

4

.375

N/A‡

1,659,540‌

11,300,000

Bank

of

America

Corp

6

.100

N/A‡

11,126,884‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

154

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

5,000,000

Bank

of

America

Corp

6

.250

%

N/A‡

$

4,860,000‌

7,000,000

Barclays

plc

3

.932

05/07/25

6,885,983‌

600,000

Barclays

plc

2

.279

11/24/27

531,907‌

4,700,000

Barclays

plc

3

.330

11/24/42

3,493,166‌

5,000,000

Barclays

plc

6

.125

N/A‡

4,642,386‌

5,550,000

g

BNP

Paribas

S.A.

2

.819

11/19/25

5,301,785‌

5,895,000

g

BNP

Paribas

S.A.

1

.904

09/30/28

5,037,840‌

2,800,000

g

BNP

Paribas

S.A.

2

.588

08/12/35

2,203,921‌

2,000,000

g

BNP

Paribas

S.A.

6

.625

N/A‡

1,917,500‌

12,906,000

g

BNP

Paribas

S.A.

7

.375

N/A‡

12,776,266‌

3,500,000

g

CIMB

Bank

Bhd

2

.125

07/20/27

3,175,044‌

5,750,000

Citigroup,

Inc

3

.875

03/26/25

5,669,703‌

4,025,000

Citigroup,

Inc

3

.200

10/21/26

3,829,966‌

2,200,000

Citigroup,

Inc

4

.300

11/20/26

2,168,311‌

5,975,000

Citigroup,

Inc

4

.450

09/29/27

5,851,506‌

20,000,000

Citigroup,

Inc

2

.572

06/03/31

16,811,775‌

18,925,000

Citigroup,

Inc

2

.520

11/03/32

15,354,851‌

12,750,000

Citigroup,

Inc

4

.910

05/24/33

12,580,751‌

3,000,000

Citigroup,

Inc

5

.950

N/A‡

2,785,054‌

4,000,000

Citigroup,

Inc

6

.300

N/A‡

3,733,080‌

4,900,000

Citigroup,

Inc

6

.250

N/A‡

4,776,936‌

6,315,000

g

Cooperatieve

Rabobank

UA

1

.339

06/24/26

5,760,101‌

4,175,000

Cooperatieve

Rabobank

UA

3

.750

07/21/26

3,980,882‌

3,050,000

g

Credicorp

Ltd

2

.750

06/17/25

2,830,095‌

12,000,000

g

Credit

Agricole

S.A.

8

.125

N/A‡

12,287,649‌

1,525,000

g

DBS

Group

Holdings

Ltd

4

.520

12/11/28

1,537,078‌

3,150,000

g

Development

Bank

of

Kazakhstan

JSC

2

.950

05/06/31

2,375,685‌

4,200,000

Discover

Bank

2

.450

09/12/24

4,039,201‌

5,400,000

Discover

Bank

3

.450

07/27/26

5,101,694‌

2,275,000

Discover

Bank

2

.700

02/06/30

1,899,815‌

850,000

g

Grupo

Aval

Ltd

4

.750

09/26/22

846,609‌

1,675,000

g

Grupo

Aval

Ltd

4

.375

02/04/30

1,247,875‌

2,160,000

g

Hana

Bank

3

.500

N/A‡

1,973,195‌

4,535,000

HSBC

Holdings

plc

1

.645

04/18/26

4,154,469‌

625,000

HSBC

Holdings

plc

3

.900

05/25/26

610,843‌

11,915,000

HSBC

Holdings

plc

4

.292

09/12/26

11,640,835‌

750,000

HSBC

Holdings

plc

4

.375

11/23/26

733,103‌

14,500,000

HSBC

Holdings

plc

2

.251

11/22/27

12,919,016‌

1,850,000

HSBC

Holdings

plc

2

.013

09/22/28

1,582,372‌

3,850,000

HSBC

Holdings

plc

3

.973

05/22/30

3,536,493‌

2,430,000

HSBC

Holdings

plc

2

.848

06/04/31

2,053,190‌

590,000

HSBC

Holdings

plc

6

.800

06/01/38

636,653‌

5,000,000

HSBC

Holdings

plc

6

.375

N/A‡

4,834,746‌

18,250,000

HSBC

Holdings

plc

6

.000

N/A‡

16,356,563‌

360,000

Huntington

Bancshares,

Inc

4

.000

05/15/25

358,184‌

2,875,000

g

ICICI

Bank

Ltd

3

.800

12/14/27

2,751,291‌

8,225,000

g

ING

Groep

NV

1

.400

07/01/26

7,471,393‌

400,000

ING

Groep

NV

3

.950

03/29/27

385,453‌

5,000,000

ING

Groep

NV

3

.875

N/A‡

3,621,072‌

3,000,000

g

Intercorp

Financial

Services,

Inc

4

.125

10/19/27

2,707,500‌

8,150,000

JPMorgan

Chase

&

Co

2

.301

10/15/25

7,760,461‌

1,075,000

JPMorgan

Chase

&

Co

2

.005

03/13/26

1,006,676‌

2,500,000

JPMorgan

Chase

&

Co

3

.200

06/15/26

2,411,999‌

3,525,000

JPMorgan

Chase

&

Co

4

.323

04/26/28

3,466,929‌

13,000,000

JPMorgan

Chase

&

Co

4

.203

07/23/29

12,538,301‌

19,405,000

JPMorgan

Chase

&

Co

3

.702

05/06/30

18,050,917‌

2,150,000

JPMorgan

Chase

&

Co

2

.956

05/13/31

1,856,275‌

40,560,000

JPMorgan

Chase

&

Co

1

.953

02/04/32

32,418,540‌

20,500,000

JPMorgan

Chase

&

Co

2

.963

01/25/33

17,596,397‌

17,600,000

JPMorgan

Chase

&

Co

3

.157

04/22/42

13,673,784‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

155

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

700,000

JPMorgan

Chase

&

Co

4

.260

%

02/22/48

$

624,187‌

7,380,000

JPMorgan

Chase

&

Co

3

.650

N/A‡

6,044,220‌

2,500,000

i

JPMorgan

Chase

&

Co

LIBOR

3

M

+

3.320%

5

.597

N/A‡

2,337,500‌

6,535,000

JPMorgan

Chase

&

Co

5

.000

N/A‡

5,767,138‌

16,000,000

JPMorgan

Chase

&

Co

6

.100

N/A‡

14,940,800‌

8,100,000

Lloyds

Banking

Group

plc

6

.750

N/A‡

7,624,692‌

10,800,000

Lloyds

Banking

Group

plc

7

.500

N/A‡

10,526,459‌

5,000,000

Lloyds

Banking

Group

plc

7

.500

N/A‡

4,850,000‌

7,150,000

M&T

Bank

Corp

3

.500

N/A‡

5,451,875‌

7,200,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.193

02/25/25

6,833,316‌

2,070,000

Mitsubishi

UFJ

Financial

Group,

Inc

1

.412

07/17/25

1,900,574‌

3,000,000

g

Mizrahi

Tefahot

Bank

Ltd

3

.077

04/07/31

2,580,000‌

5,170,000

Natwest

Group

plc

3

.032

11/28/35

4,127,155‌

2,900,000

NatWest

Group

plc

5

.516

09/30/28

2,920,657‌

8,000,000

g

NBK

SPC

Ltd

1

.625

09/15/27

7,135,680‌

3,000,000

g

NBK

Tier  Financing

Ltd

3

.625

N/A‡

2,695,620‌

5,470,000

g

Nordea

Bank

Abp

6

.625

N/A‡

5,217,945‌

2,335,000

g

Oversea-Chinese

Banking

Corp

Ltd

1

.832

09/10/30

2,151,236‌

4,720,000

PNC

Bank

NA

2

.700

10/22/29

4,113,013‌

1,500,000

PNC

Financial

Services

Group,

Inc

3

.900

04/29/24

1,503,642‌

4,105,000

PNC

Financial

Services

Group,

Inc

3

.400

N/A‡

3,117,014‌

2,500,000

i

PNC

Financial

Services

Group,

Inc

LIBOR

3

M

+

3.678%

3

.804

N/A‡

2,406,242‌

5,100,000

Royal

Bank

of

Canada

2

.550

07/16/24

4,979,702‌

4,600,000

Sumitomo

Mitsui

Financial

Group,

Inc

1

.474

07/08/25

4,224,598‌

1,300,000

Toronto-Dominion

Bank

3

.625

09/15/31

1,253,032‌

570,000

Truist

Bank

2

.450

08/01/22

570,000‌

5,000,000

Truist

Bank

3

.689

08/02/24

4,996,460‌

1,960,000

Truist

Bank

2

.250

03/11/30

1,641,128‌

1,960,000

Truist

Financial

Corp

1

.200

08/05/25

1,800,611‌

7,000,000

Truist

Financial

Corp

4

.950

N/A‡

6,814,061‌

5,000,000

Truist

Financial

Corp

4

.800

N/A‡

4,474,500‌

4,500,000

Truist

Financial

Corp

5

.100

N/A‡

4,072,500‌

1,500,000

g

Turkiye

Garanti

Bankasi

AS.

7

.177

05/24/27

1,275,210‌

3,000,000

g

Turkiye

Vakiflar

Bankasi

TAO

6

.500

01/08/26

2,607,391‌

1,550,000

g

Turkiye

Vakiflar

Bankasi

TAO

5

.500

10/01/26

1,269,094‌

3,500,000

g

UBS

Group

AG.

3

.179

02/11/43

2,637,402‌

3,000,000

g

United

Overseas

Bank

Ltd

1

.250

04/14/26

2,752,930‌

1,400,000

g

United

Overseas

Bank

Ltd

3

.750

04/15/29

1,388,729‌

3,700,000

g

United

Overseas

Bank

Ltd

2

.000

10/14/31

3,334,199‌

1,600,000

Wells

Fargo

&

Co

3

.750

01/24/24

1,603,789‌

3,425,000

Wells

Fargo

&

Co

3

.550

09/29/25

3,363,909‌

9,300,000

Wells

Fargo

&

Co

3

.526

03/24/28

8,808,470‌

10,475,000

Wells

Fargo

&

Co

2

.393

06/02/28

9,380,665‌

8,000,000

Wells

Fargo

&

Co

5

.900

N/A‡

7,233,600‌

13,720,000

Wells

Fargo

&

Co

3

.900

N/A‡

11,816,350‌

9,500,000

Wells

Fargo

&

Co

5

.875

N/A‡

9,261,550‌

3,020,000

Westpac

Banking

Corp

2

.668

11/15/35

2,403,688‌

TOTAL

BANKS

810,995,239‌

CAPITAL

GOODS

-

1

.1

%

1,354,000

Air

Lease

Corp

3

.000

02/01/30

1,104,951‌

3,140,000

Air

Lease

Corp

3

.125

12/01/30

2,566,413‌

2,430,000

g

Airbus

SE

3

.150

04/10/27

2,340,482‌

650,000

g

BAE

Systems

plc

1

.900

02/15/31

522,858‌

2,000,000

g

BOC

Aviation

Ltd

3

.000

09/11/29

1,786,659‌

17,400,000

Boeing

Co

2

.196

02/04/26

15,683,762‌

1,350,000

Boeing

Co

3

.250

02/01/28

1,206,382‌

6,900,000

Boeing

Co

2

.950

02/01/30

5,741,525‌

3,700,000

Boeing

Co

3

.625

02/01/31

3,193,691‌

1,825,000

Boeing

Co

3

.250

02/01/35

1,380,906‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

156

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

3,600,000

Boeing

Co

5

.705

%

05/01/40

$

3,357,959‌

11,000,000

Boeing

Co

5

.805

05/01/50

10,103,189‌

3,075,000

g

H&E

Equipment

Services,

Inc

3

.875

12/15/28

2,486,906‌

500,000

Ingersoll-Rand

Global

Holding

Co

Ltd

3

.750

08/21/28

472,077‌

3,750,000

Ingersoll-Rand

Luxembourg

Finance

S.A.

3

.800

03/21/29

3,511,630‌

7,145,000

John

Deere

Capital

Corp

2

.000

06/17/31

6,067,367‌

1,100,000

L3Harris

Technologies,

Inc

3

.850

06/15/23

1,099,843‌

850,000

Lockheed

Martin

Corp

1

.850

06/15/30

725,402‌

5,775,000

Northrop

Grumman

Corp

3

.250

01/15/28

5,489,263‌

7,150,000

Parker-Hannifin

Corp

3

.250

06/14/29

6,543,562‌

248,000

Raytheon

Technologies

Corp

3

.650

08/16/23

247,739‌

10,675,000

Raytheon

Technologies

Corp

4

.125

11/16/28

10,534,849‌

5,000,000

Raytheon

Technologies

Corp

4

.500

06/01/42

4,767,993‌

325,000

g

Rolls-Royce

plc

5

.750

10/15/27

292,922‌

13,155,000

Roper

Technologies,

Inc

2

.000

06/30/30

10,593,319‌

3,000,000

g

TSMC

Global

Ltd

0

.750

09/28/25

2,733,547‌

2,000,000

g

TSMC

Global

Ltd

1

.000

09/28/27

1,726,345‌

3,000,000

g

TSMC

Global

Ltd

1

.750

04/23/28

2,641,740‌

1,150,000

g

Tupy

Overseas

S.A.

4

.500

02/16/31

880,613‌

425,000

g

WESCO

Distribution,

Inc

7

.250

06/15/28

420,325‌

TOTAL

CAPITAL

GOODS

110,224,219‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.3

%

1,655,000

g

ADT

Corp

4

.875

07/15/32

1,317,413‌

1,000,000

AECOM

5

.125

03/15/27

945,000‌

1,395,000

g

Albion

Financing  SARL

6

.125

10/15/26

1,193,879‌

5,000,000

g

Allied

Universal

Holdco

LLC

6

.625

07/15/26

4,588,150‌

325,000

g

ASGN,

Inc

4

.625

05/15/28

281,547‌

925,000

g

Booz

Allen

Hamilton,

Inc

3

.875

09/01/28

818,625‌

370,000

g

Booz

Allen

Hamilton,

Inc

4

.000

07/01/29

322,614‌

150,000

g

GFL

Environmental,

Inc

4

.250

06/01/25

141,558‌

1,000,000

g

GFL

Environmental,

Inc

3

.750

08/01/25

927,500‌

125,000

g

GFL

Environmental,

Inc

5

.125

12/15/26

119,537‌

3,150,000

g

GFL

Environmental,

Inc

3

.500

09/01/28

2,701,125‌

4,000,000

e,g

Pitney

Bowes,

Inc

6

.875

03/15/27

3,176,855‌

500,000

e,g

Pitney

Bowes,

Inc

7

.250

03/15/29

378,270‌

2,125,000

g

Prime

Security

Services

Borrower

LLC

5

.750

04/15/26

1,981,563‌

1,300,000

g

Prime

Security

Services

Borrower

LLC

3

.375

08/31/27

1,070,875‌

2,655,000

g

Prime

Security

Services

Borrower

LLC

6

.250

01/15/28

2,221,161‌

2,225,000

Republic

Services,

Inc

2

.900

07/01/26

2,125,064‌

100,000

g

Ritchie

Bros

Auctioneers,

Inc

5

.375

01/15/25

97,917‌

420,000

Verisk

Analytics,

Inc

3

.625

05/15/50

326,972‌

1,325,000

g

WASH

Multifamily

Acquisition,

Inc

5

.750

04/15/26

1,248,813‌

1,235,000

Waste

Management,

Inc

1

.500

03/15/31

982,584‌

1,500,000

Waste

Management,

Inc

2

.500

11/15/50

1,008,877‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

27,975,899‌

CONSUMER

DURABLES

&

APPAREL

-

0

.2

%

750,000

Leggett

&

Platt,

Inc

4

.400

03/15/29

729,194‌

5,000,000

Lennar

Corp

5

.000

06/15/27

4,958,159‌

5,000,000

Lennar

Corp

4

.750

11/29/27

4,854,349‌

219,000

Newell

Brands,

Inc

4

.875

06/01/25

215,724‌

5,000,000

e

PulteGroup,

Inc

5

.000

01/15/27

4,999,513‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

15,756,939‌

CONSUMER

SERVICES

-

0

.5

%

16,500,000

Anheuser-Busch

Cos

LLC

3

.650

02/01/26

16,231,712‌

5,000,000

Anheuser-Busch

Cos

LLC

4

.700

02/01/36

4,790,136‌

8,910,000

Anheuser-Busch

Cos

LLC

4

.900

02/01/46

8,374,418‌

1,100,000

g

Cedar

Fair

LP

5

.500

05/01/25

1,067,000‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

157

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

SERVICES—continued

$

2,300,000

g

ENA

Master

Trust

4

.000

%

05/19/48

$

1,785,444‌

125,000

g

Hilton

Domestic

Operating

Co,

Inc

5

.750

05/01/28

118,854‌

2,200,000

g

Hilton

Domestic

Operating

Co,

Inc

3

.625

02/15/32

1,747,625‌

8,800,000

Hyatt

Hotels

Corp

1

.300

10/01/23

8,521,681‌

400,000

g

International

Game

Technology

plc

4

.125

04/15/26

362,000‌

540,000

g

International

Game

Technology

plc

6

.250

01/15/27

525,218‌

425,000

g

Marriott

Ownership

Resorts,

Inc

4

.500

06/15/29

353,463‌

2,335,000

g

Sands

China

Ltd

2

.550

03/08/27

1,699,880‌

1,400,000

Sands

China

Ltd

5

.400

08/08/28

1,078,000‌

1,175,000

g

Wynn

Macau

Ltd

5

.625

08/26/28

723,800‌

TOTAL

CONSUMER

SERVICES

47,379,231‌

DIVERSIFIED

FINANCIALS

-

3

.6

%

4,900,000

AerCap

Ireland

Capital

DAC

3

.500

01/15/25

4,679,677‌

9,050,000

AerCap

Ireland

Capital

DAC

1

.750

01/30/26

7,909,999‌

12,175,000

AerCap

Ireland

Capital

DAC

2

.450

10/29/26

10,601,537‌

5,000,000

AerCap

Ireland

Capital

DAC

3

.875

01/23/28

4,512,934‌

1,350,000

AerCap

Ireland

Capital

DAC

3

.000

10/29/28

1,137,130‌

2,050,000

AerCap

Ireland

Capital

DAC

3

.300

01/30/32

1,641,007‌

1,250,000

AerCap

Ireland

Capital

DAC

3

.850

10/29/41

900,716‌

710,000

American

Express

Co

2

.650

12/02/22

709,655‌

1,250,000

American

Express

Co

3

.700

08/03/23

1,254,390‌

2,000,000

American

Express

Co

2

.550

03/04/27

1,863,542‌

3,000,000

g

B3

S.A.-Brasil

Bolsa

Balcao

4

.125

09/20/31

2,469,000‌

4,300,000

g

Banco

BTG

Pactual

S.A.

2

.750

01/11/26

3,820,335‌

2,500,000

g

Bangkok

Bank

PCL

4

.300

06/15/27

2,500,259‌

10,705,000

Bank

of

New

York

Mellon

Corp

4

.700

N/A‡

10,458,785‌

455,000

g

BBVA

Bancomer

S.A.

5

.350

11/12/29

422,304‌

3,350,000

g

BBVA

Bancomer

S.A.

5

.125

01/18/33

2,832,425‌

7,868,000

Capital

One

Bank

USA

NA

3

.375

02/15/23

7,861,482‌

2,490,000

Capital

One

Financial

Corp

3

.750

03/09/27

2,383,370‌

5,490,000

e

Capital

One

Financial

Corp

3

.950

N/A‡

4,405,725‌

10,800,000

Charles

Schwab

Corp

5

.375

N/A‡

10,665,000‌

600,000

g

Compass

Group

Diversified

Holdings

LLC

5

.250

04/15/29

495,000‌

8,325,000

g

Credit

Suisse

Group

AG.

2

.193

06/05/26

7,545,326‌

4,950,000

g

Credit

Suisse

Group

AG.

1

.305

02/02/27

4,258,242‌

3,950,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

3

.800

06/09/23

3,912,496‌

1,650,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

3

.750

03/26/25

1,598,254‌

4,000,000

Danske

Bank

A.S.

4

.375

N/A‡

3,380,000‌

3,750,000

Deutsche

Bank

AG.

2

.311

11/16/27

3,236,183‌

3,600,000

Deutsche

Bank

AG.

3

.035

05/28/32

2,848,362‌

1,400,000

Deutsche

Bank

AG.

4

.789

N/A‡

1,146,250‌

6,050,000

Deutsche

Bank

AG.

6

.000

N/A‡

5,218,125‌

5,000,000

Ford

Motor

Credit

Co

LLC

3

.664

09/08/24

4,727,725‌

1,400,000

Ford

Motor

Credit

Co

LLC

4

.000

11/13/30

1,134,357‌

2,000,000

Ford

Motor

Credit

Co

LLC

3

.625

06/17/31

1,550,000‌

11,543,000

GE

Capital

International

Funding

Co

4

.418

11/15/35

10,781,107‌

4,390,000

General

Motors

Financial

Co,

Inc

2

.750

06/20/25

4,118,933‌

10,900,000

General

Motors

Financial

Co,

Inc

5

.000

04/09/27

10,692,434‌

8,625,000

General

Motors

Financial

Co,

Inc

5

.650

01/17/29

8,604,047‌

25,250,000

General

Motors

Financial

Co,

Inc

2

.700

06/10/31

19,894,726‌

3,450,000

General

Motors

Financial

Co,

Inc

5

.700

N/A‡

3,001,500‌

2,000,000

e

General

Motors

Financial

Co,

Inc

5

.750

N/A‡

1,675,000‌

11,270,000

Goldman

Sachs

Group,

Inc

3

.625

02/20/24

11,233,549‌

5,277,000

Goldman

Sachs

Group,

Inc

3

.500

04/01/25

5,172,801‌

5,875,000

Goldman

Sachs

Group,

Inc

1

.093

12/09/26

5,232,624‌

21,300,000

Goldman

Sachs

Group,

Inc

2

.640

02/24/28

19,331,388‌

7,410,000

Goldman

Sachs

Group,

Inc

1

.992

01/27/32

5,853,455‌

7,300,000

Goldman

Sachs

Group,

Inc

2

.615

04/22/32

6,060,717‌

360,000

Goldman

Sachs

Group,

Inc

6

.750

10/01/37

398,672‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

158

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,900,000

Goldman

Sachs

Group,

Inc

4

.017

%

10/31/38

$

1,659,134‌

4,875,000

Goldman

Sachs

Group,

Inc

3

.210

04/22/42

3,722,692‌

725,000

Goldman

Sachs

Group,

Inc

3

.436

02/24/43

568,453‌

500,000

Icahn

Enterprises

LP

4

.750

09/15/24

466,653‌

925,000

Icahn

Enterprises

LP

5

.250

05/15/27

819,402‌

3,800,000

Icahn

Enterprises

LP

4

.375

02/01/29

3,071,008‌

1,100,000

g

Indian

Railway

Finance

Corp

Ltd

3

.249

02/13/30

952,964‌

7,400,000

g

Indian

Railway

Finance

Corp

Ltd

2

.800

02/10/31

6,014,266‌

2,488,000

International

Lease

Finance

Corp

5

.875

08/15/22

2,492,694‌

475,000

Legg

Mason,

Inc

3

.950

07/15/24

477,447‌

3,425,000

g

LPL

Holdings,

Inc

4

.000

03/15/29

2,930,290‌

2,500,000

g

Minejesa

Capital

BV

5

.625

08/10/37

2,022,575‌

1,040,000

Morgan

Stanley

4

.000

07/23/25

1,039,123‌

4,444,000

Morgan

Stanley

2

.188

04/28/26

4,160,263‌

11,950,000

Morgan

Stanley

3

.125

07/27/26

11,399,647‌

2,720,000

Morgan

Stanley

0

.985

12/10/26

2,409,731‌

685,000

Morgan

Stanley

3

.950

04/23/27

663,310‌

9,875,000

Morgan

Stanley

1

.512

07/20/27

8,660,671‌

15,120,000

Morgan

Stanley

2

.699

01/22/31

13,095,735‌

1,905,000

Morgan

Stanley

1

.794

02/13/32

1,498,467‌

75,000

Morgan

Stanley

1

.928

04/28/32

59,473‌

5,000,000

Navient

Corp

5

.000

03/15/27

4,112,650‌

2,000,000

Northern

Trust

Corp

4

.600

N/A‡

1,768,467‌

1,345,000

OneMain

Finance

Corp

3

.500

01/15/27

1,076,000‌

5,000,000

e

OneMain

Finance

Corp

4

.000

09/15/30

3,706,250‌

2,975,000

g

Power

Finance

Corp

Ltd

3

.950

04/23/30

2,638,416‌

1,625,000

g

REC

Ltd

4

.750

05/19/23

1,631,691‌

2,070,000

g

Societe

Generale

S.A.

1

.375

07/08/25

1,898,191‌

3,500,000

g

Societe

Generale

S.A.

4

.027

01/21/43

2,475,224‌

550,000

Springleaf

Finance

Corp

5

.375

11/15/29

445,698‌

550,000

State

Street

Corp

3

.300

12/16/24

546,141‌

11,300,000

g

Swiss

Re

Finance

Luxembourg

SA

5

.000

04/02/49

10,684,150‌

2,850,000

Synchrony

Financial

4

.250

08/15/24

2,832,303‌

1,975,000

Synchrony

Financial

3

.950

12/01/27

1,800,400‌

6,500,000

g

UBS

Group

AG

7

.000

N/A‡

6,331,795‌

650,000

Voya

Financial,

Inc

5

.700

07/15/43

660,173‌

6,500,000

Voya

Financial,

Inc

5

.650

05/15/53

6,094,270‌

TOTAL

DIVERSIFIED

FINANCIALS

353,016,362‌

ENERGY

-

3

.4

%

1,075,000

AmeriGas

Partners

LP

5

.875

08/20/26

1,002,852‌

2,500,000

g

Antero

Midstream

Partners

LP

5

.750

01/15/28

2,276,050‌

1,875,000

g

Archrock

Partners

LP

6

.250

04/01/28

1,659,937‌

2,770,000

Canadian

Natural

Resources

Ltd

2

.950

07/15/30

2,430,344‌

12,400,000

Cenovus

Energy,

Inc

4

.250

04/15/27

12,153,784‌

875,000

e

Cenovus

Energy,

Inc

2

.650

01/15/32

723,628‌

3,980,000

Cenovus

Energy,

Inc

5

.400

06/15/47

3,822,958‌

565,000

Chevron

Corp

2

.355

12/05/22

564,062‌

2,000,000

g

Cosan

Ltd

5

.500

09/20/29

1,843,520‌

3,750,000

Diamondback

Energy,

Inc

3

.125

03/24/31

3,266,071‌

2,625,000

Diamondback

Energy,

Inc

4

.250

03/15/52

2,177,059‌

1,790,000

g

DT

Midstream,

Inc

4

.125

06/15/29

1,517,025‌

1,490,000

g

DT

Midstream,

Inc

4

.375

06/15/31

1,247,875‌

5,000,000

Ecopetrol

S.A.

5

.375

06/26/26

4,629,650‌

1,050,000

Ecopetrol

S.A.

6

.875

04/29/30

928,200‌

2,275,000

Ecopetrol

S.A.

4

.625

11/02/31

1,723,290‌

2,675,000

g

Empresa

Nacional

del

Petroleo

3

.450

09/16/31

2,160,063‌

1,960,000

Enbridge,

Inc

2

.500

08/01/33

1,583,992‌

10,350,000

Enbridge,

Inc

5

.750

07/15/80

9,463,212‌

2,424,000

g

Energean

Israel

Finance

Ltd

4

.875

03/30/26

2,140,467‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

159

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

2,440,000

Energy

Transfer

Operating

LP

2

.900

%

05/15/25

$

2,319,176‌

2,675,000

Energy

Transfer

Operating

LP

4

.750

01/15/26

2,664,982‌

1,670,000

Energy

Transfer

Operating

LP

5

.500

06/01/27

1,695,067‌

8,000,000

Energy

Transfer

Operating

LP

5

.250

04/15/29

7,923,653‌

1,235,000

Energy

Transfer

Operating

LP

3

.750

05/15/30

1,113,005‌

4,100,000

Energy

Transfer

Operating

LP

6

.250

04/15/49

3,974,195‌

4,625,000

Energy

Transfer

Operating

LP

5

.000

05/15/50

3,935,618‌

500,000

g

EnLink

Midstream

LLC

5

.625

01/15/28

458,634‌

1,250,000

Enterprise

Products

Operating

LLC

3

.700

02/15/26

1,228,479‌

3,707,000

Enterprise

Products

Operating

LLC

3

.125

07/31/29

3,336,059‌

900,000

Enterprise

Products

Operating

LLC

2

.800

01/31/30

787,928‌

1,425,000

Enterprise

Products

Operating

LLC

4

.250

02/15/48

1,198,681‌

2,300,000

Enterprise

Products

Operating

LLC

4

.200

01/31/50

1,917,919‌

7,350,000

Enterprise

Products

Operating

LLC

3

.700

01/31/51

5,743,511‌

11,150,000

Enterprise

Products

Operating

LLC

3

.300

02/15/53

8,110,379‌

276,000

g

EQM

Midstream

Partners

LP

6

.000

07/01/25

264,596‌

1,900,000

g

EQM

Midstream

Partners

LP

4

.500

01/15/29

1,542,572‌

850,000

g

EQT

Corp

3

.125

05/15/26

795,864‌

3,202,546

g

Galaxy

Pipeline

Assets

Bidco

Ltd

2

.160

03/31/34

2,717,485‌

2,750,000

g

Galaxy

Pipeline

Assets

Bidco

Ltd

2

.625

03/31/36

2,221,953‌

1,100,000

Genesis

Energy

LP

6

.500

10/01/25

1,014,750‌

1,450,000

g

Hilcorp

Energy

I

LP

5

.750

02/01/29

1,273,302‌

1,450,000

g

Hilcorp

Energy

I

LP

6

.000

02/01/31

1,247,000‌

475,000

g

Holly

Energy

Partners

LP

6

.375

04/15/27

447,099‌

1,200,000

g

KazMunayGas

National

Co

JSC

5

.375

04/24/30

1,055,357‌

3,500,000

g

KazMunayGas

National

Co

JSC

3

.500

04/14/33

2,511,054‌

3,700,000

Kinder

Morgan

Energy

Partners

LP

5

.800

03/15/35

3,732,262‌

1,250,000

Kinder

Morgan

Energy

Partners

LP

5

.400

09/01/44

1,151,719‌

1,325,000

g

Kosmos

Energy

Ltd

7

.750

05/01/27

1,133,170‌

2,525,000

g

Leviathan

Bond

Ltd

6

.125

06/30/25

2,371,302‌

5,000,000

Marathon

Petroleum

Corp

4

.700

05/01/25

5,058,542‌

13,040,000

Marathon

Petroleum

Corp

3

.800

04/01/28

12,347,244‌

1,000,000

Marathon

Petroleum

Corp

4

.750

09/15/44

880,980‌

2,750,000

Marathon

Petroleum

Corp

5

.000

09/15/54

2,469,960‌

5,000,000

g

MEG

Energy

Corp

5

.875

02/01/29

4,566,829‌

4,475,000

MPLX

LP

1

.750

03/01/26

4,029,021‌

16,235,000

MPLX

LP

2

.650

08/15/30

13,551,954‌

2,935,000

MPLX

LP

4

.700

04/15/48

2,467,252‌

642,000

Murphy

Oil

Corp

5

.875

12/01/27

599,147‌

1,200,000

NAK

Naftogaz

Ukraine

via

Kondor

Finance

plc

7

.375

07/19/22

906,000‌

7,735,000

g

Northern

Natural

Gas

Co

3

.400

10/16/51

5,759,787‌

325,000

Occidental

Petroleum

Corp

5

.500

12/01/25

320,125‌

475,000

Occidental

Petroleum

Corp

5

.550

03/15/26

471,689‌

5,000,000

e

Occidental

Petroleum

Corp

3

.500

08/15/29

4,466,400‌

1,450,000

g

Oleoducto

Central

S.A.

4

.000

07/14/27

1,209,715‌

1,025,000

ONEOK,

Inc

4

.000

07/13/27

987,087‌

6,030,000

ONEOK,

Inc

4

.550

07/15/28

5,829,797‌

7,750,000

ONEOK,

Inc

4

.350

03/15/29

7,289,188‌

3,920,000

ONEOK,

Inc

3

.400

09/01/29

3,460,604‌

7,750,000

ONEOK,

Inc

4

.500

03/15/50

6,207,188‌

2,000,000

g

Parkland

Corp

4

.500

10/01/29

1,621,283‌

1,260,000

g

Parkland

Corp

4

.625

05/01/30

1,022,153‌

6,200,000

g

Pertamina

Persero

PT

1

.400

02/09/26

5,513,140‌

850,000

g

Pertamina

Persero

PT

3

.650

07/30/29

785,407‌

1,667,000

e

Petrobras

Global

Finance

BV

5

.999

01/27/28

1,656,665‌

2,000,000

Petrobras

Global

Finance

BV

6

.900

03/19/49

1,787,000‌

767,000

g

Petroleos

del

Peru

S.A.

4

.750

06/19/32

591,932‌

2,700,000

Petroleos

Mexicanos

5

.950

01/28/31

1,974,726‌

6,244,000

Petroleos

Mexicanos

6

.700

02/16/32

4,761,050‌

3,000,000

Petroleos

Mexicanos

7

.690

01/23/50

2,039,400‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

160

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

5,950,000

g

Petronas

Energy

Canada

Ltd

2

.112

%

03/23/28

$

5,363,931‌

15,790,000

Phillips

66

2

.150

12/15/30

12,897,878‌

2,400,000

Phillips

66

3

.300

03/15/52

1,786,302‌

860,000

g

Phillips

66

Co

3

.150

12/15/29

772,406‌

775,000

g

Phillips

66

Co

4

.680

02/15/45

716,089‌

1,700,000

g

PTTEP

Treasury

Center

Co

Ltd

2

.587

06/10/27

1,576,543‌

5,300,000

g

Qatar

Petroleum

2

.250

07/12/31

4,516,993‌

654,000

Regency

Energy

Partners

LP

4

.500

11/01/23

657,269‌

1,150,000

g

S.A.

Global

Sukuk

Ltd

0

.946

06/17/24

1,085,064‌

270,000

Sabine

Pass

Liquefaction

LLC

5

.875

06/30/26

278,972‌

6,125,000

Sabine

Pass

Liquefaction

LLC

4

.200

03/15/28

5,890,770‌

11,115,000

Sabine

Pass

Liquefaction

LLC

4

.500

05/15/30

10,651,702‌

1,825,000

g

Santos

Finance

Ltd

3

.649

04/29/31

1,547,957‌

3,175,000

g

Saudi

Arabian

Oil

Co

2

.250

11/24/30

2,696,300‌

1,365,000

Shell

International

Finance

BV

3

.125

11/07/49

1,046,917‌

1,975,000

Sunoco

Logistics

Partners

Operations

LP

4

.000

10/01/27

1,869,224‌

450,000

Sunoco

Logistics

Partners

Operations

LP

5

.400

10/01/47

394,818‌

1,150,000

Sunoco

LP

4

.500

05/15/29

947,926‌

2,525,000

Targa

Resources

Corp

4

.200

02/01/33

2,287,260‌

2,500,000

Targa

Resources

Corp

4

.950

04/15/52

2,142,375‌

300,000

Targa

Resources

Partners

LP

6

.500

07/15/27

307,308‌

1,000,000

Targa

Resources

Partners

LP

4

.000

01/15/32

855,760‌

4,000,000

g

Thaioil

Treasury

Center

Co

Ltd

2

.500

06/18/30

3,222,320‌

1,450,000

Total

Capital

International

S.A.

2

.986

06/29/41

1,142,299‌

5,550,000

Total

Capital

International

S.A.

3

.127

05/29/50

4,242,421‌

8,245,000

TransCanada

PipeLines

Ltd

4

.250

05/15/28

8,022,371‌

7,000,000

TransCanada

PipeLines

Ltd

2

.500

10/12/31

5,818,851‌

7,835,000

Transcanada

Trust

5

.500

09/15/79

6,976,511‌

887,000

g

Tullow

Oil

plc

10

.250

05/15/26

847,085‌

1,260,000

USA

Compression

Partners

LP

6

.875

04/01/26

1,146,222‌

500,000

USA

Compression

Partners

LP

6

.875

09/01/27

443,750‌

1,857,000

Vale

Overseas

Ltd

6

.875

11/21/36

1,993,490‌

7,050,000

Williams

Cos,

Inc

2

.600

03/15/31

5,900,538‌

850,000

Williams

Partners

LP

3

.750

06/15/27

811,665‌

TOTAL

ENERGY

332,689,362‌

FOOD

&

STAPLES

RETAILING

-

0

.2

%

3,975,000

Costco

Wholesale

Corp

1

.600

04/20/30

3,352,905‌

3,000,000

Kroger

Co

3

.875

10/15/46

2,491,865‌

730,000

SYSCO

Corp

3

.750

10/01/25

724,016‌

3,700,000

SYSCO

Corp

3

.150

12/14/51

2,645,809‌

3,600,000

Walmart,

Inc

1

.050

09/17/26

3,273,586‌

294,000

Walmart,

Inc

2

.375

09/24/29

267,042‌

5,155,000

Walmart,

Inc

1

.800

09/22/31

4,376,620‌

3,900,000

Walmart,

Inc

2

.500

09/22/41

3,030,519‌

TOTAL

FOOD

&

STAPLES

RETAILING

20,162,362‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.0

%

2,700,000

Altria

Group,

Inc

5

.950

02/14/49

2,365,898‌

3,100,000

g

Anadolu

Efes

Biracilik

Ve

Malt

Sanayii

AS.

3

.375

06/29/28

2,148,991‌

10,260,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.750

01/23/29

10,438,151‌

1,260,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.439

10/06/48

1,105,096‌

3,150,000

BAT

Capital

Corp

2

.259

03/25/28

2,638,869‌

6,075,000

BAT

Capital

Corp

4

.906

04/02/30

5,642,321‌

12,520,000

BAT

Capital

Corp

2

.726

03/25/31

9,915,885‌

7,200,000

BAT

International

Finance

plc

4

.448

03/16/28

6,815,935‌

1,775,000

g

BRF

S.A.

4

.875

01/24/30

1,406,261‌

2,000,000

g

BRF

S.A.

5

.750

09/21/50

1,330,820‌

3,250,000

g

Cia

Cervecerias

Unidas

S.A.

3

.350

01/19/32

2,763,800‌

1,830,000

g

CNTL

AMR

BOTTLING

CORP

5

.250

04/27/29

1,596,675‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

161

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

3,000,000

g

Coca-Cola

Icecek

AS.

4

.500

%

01/20/29

$

2,448,672‌

750,000

Constellation

Brands,

Inc

4

.400

11/15/25

753,444‌

2,775,000

Constellation

Brands,

Inc

3

.700

12/06/26

2,701,569‌

1,150,000

Constellation

Brands,

Inc

3

.150

08/01/29

1,035,072‌

4,540,000

Constellation

Brands,

Inc

2

.875

05/01/30

3,949,358‌

13,700,000

Constellation

Brands,

Inc

2

.250

08/01/31

11,110,651‌

2,750,000

Diageo

Capital

plc

2

.125

10/24/24

2,652,711‌

2,320,000

Diageo

Capital

plc

1

.375

09/29/25

2,164,613‌

4,075,000

Diageo

Capital

plc

2

.375

10/24/29

3,617,682‌

1,950,000

Diageo

Capital

plc

2

.000

04/29/30

1,663,497‌

1,875,000

g

Embotelladora

Andina

S.A.

3

.950

01/21/50

1,427,981‌

2,000,000

g

Grupo

Bimbo

SAB

de

C.V.

4

.700

11/10/47

1,834,057‌

2,000,000

g

NBM

US

Holdings,

Inc

6

.625

08/06/29

1,920,000‌

200,000

Philip

Morris

International,

Inc

6

.375

05/16/38

209,028‌

5,500,000

g

Primo

Water

Holdings,

Inc

4

.375

04/30/29

4,492,015‌

3,250,000

g

Sigma

Alimentos

S.A.

de

C.V.

4

.125

05/02/26

3,062,052‌

6,325,000

g

Ulker

Biskuvi

Sanayi

AS.

6

.950

10/30/25

4,851,907‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

98,063,011‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1

.4

%

1,200,000

Abbott

Laboratories

5

.300

05/27/40

1,304,707‌

980,000

Advocate

Health

&

Hospitals

Corp

3

.008

06/15/50

727,103‌

9,160,000

Anthem,

Inc

2

.250

05/15/30

7,827,134‌

2,100,000

Boston

Scientific

Corp

2

.650

06/01/30

1,832,386‌

1,640,000

Centene

Corp

2

.450

07/15/28

1,367,826‌

8,310,000

Centene

Corp

3

.000

10/15/30

6,886,912‌

1,800,000

Children's

Hospital

Medic

4

.268

05/15/44

1,696,290‌

6,250,000

g

CHS/Community

Health

Systems,

Inc

5

.250

05/15/30

4,749,375‌

2,550,000

Cigna

Corp

3

.200

03/15/40

2,012,882‌

495,000

CVS

Health

Corp

3

.875

07/20/25

491,885‌

11,250,000

CVS

Health

Corp

3

.750

04/01/30

10,522,772‌

27,225,000

CVS

Health

Corp

1

.750

08/21/30

21,805,622‌

9,180,000

CVS

Health

Corp

1

.875

02/28/31

7,351,096‌

2,250,000

CVS

Health

Corp

4

.780

03/25/38

2,129,750‌

3,635,000

CVS

Health

Corp

2

.700

08/21/40

2,624,359‌

4,750,000

CVS

Health

Corp

5

.050

03/25/48

4,546,928‌

1,900,000

CVS

Health

Corp

4

.250

04/01/50

1,635,773‌

1,370,000

Dartmouth-Hitchcock

Health

4

.178

08/01/48

1,239,270‌

425,000

Hackensack

Meridian

Health,

Inc

2

.875

09/01/50

307,603‌

1,000,000

HCA,

Inc

5

.375

02/01/25

994,760‌

2,815,000

HCA,

Inc

5

.625

09/01/28

2,769,101‌

5,000,000

HCA,

Inc

3

.500

09/01/30

4,253,550‌

1,900,000

HCA,

Inc

5

.500

06/15/47

1,694,862‌

3,500,000

g

Hologic,

Inc

3

.250

02/15/29

2,991,450‌

1,875,000

Humana,

Inc

3

.950

03/15/27

1,839,046‌

10,100,000

Humana,

Inc

2

.150

02/03/32

8,178,327‌

3,490,000

g

LifePoint

Health,

Inc

4

.375

02/15/27

2,990,301‌

3,700,000

g

MPH

Acquisition

Holdings

LLC

5

.500

09/01/28

3,292,996‌

3,375,000

MPT

Operating

Partnership

LP

3

.500

03/15/31

2,660,040‌

225,000

g

Tenet

Healthcare

Corp

4

.625

06/15/28

195,926‌

5,400,000

g

Tenet

Healthcare

Corp

6

.125

10/01/28

4,621,212‌

2,500,000

g

Tenet

Healthcare

Corp

4

.250

06/01/29

2,105,525‌

3,200,000

g

Tenet

Healthcare

Corp

4

.375

01/15/30

2,707,296‌

1,525,000

UnitedHealth

Group,

Inc

2

.950

10/15/27

1,464,555‌

3,700,000

UnitedHealth

Group,

Inc

2

.000

05/15/30

3,170,582‌

6,185,000

UnitedHealth

Group,

Inc

2

.300

05/15/31

5,356,642‌

1,375,000

UnitedHealth

Group,

Inc

3

.750

10/15/47

1,188,189‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

133,534,033‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

162

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.0

%

$

1,425,000

Church

&

Dwight

Co,

Inc

2

.300

%

12/15/31

$

1,198,544‌

2,250,000

g

Natura

Cosmeticos

S.A.

4

.125

05/03/28

1,852,650‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

3,051,194‌

INSURANCE

-

1

.0

%

1,550,000

g

Acrisure

LLC

4

.250

02/15/29

1,253,042‌

285,000

Aetna,

Inc

6

.625

06/15/36

321,602‌

131,000

Aflac,

Inc

6

.450

08/15/40

144,107‌

3,000,000

g

AIA

Group

Ltd

3

.600

04/09/29

2,888,143‌

825,000

g

Alliant

Holdings

Intermediate

LLC

4

.250

10/15/27

714,096‌

325,000

g

AmWINS

Group,

Inc

4

.875

06/30/29

266,150‌

11,160,000

Aon

Corp

2

.800

05/15/30

9,755,306‌

2,790,000

Aon

plc

3

.500

06/14/24

2,772,748‌

4,500,000

AXIS

Specialty

Finance

LLC

4

.900

01/15/40

3,780,005‌

825,000

Berkshire

Hathaway

Finance

Corp

2

.875

03/15/32

739,600‌

1,500,000

Berkshire

Hathaway

Finance

Corp

4

.250

01/15/49

1,381,528‌

9,950,000

Berkshire

Hathaway

Finance

Corp

2

.850

10/15/50

7,162,965‌

1,100,000

CNA

Financial

Corp

3

.950

05/15/24

1,100,297‌

925,000

g

Equitable

Financial

Life

Global

Funding

1

.400

07/07/25

850,099‌

870,000

g

Equitable

Financial

Life

Global

Funding

1

.800

03/08/28

754,125‌

2,300,000

g

Five

Corners

Funding

Trust

4

.419

11/15/23

2,312,654‌

8,225,000

g

Five

Corners

Funding

Trust

II

2

.850

05/15/30

7,155,248‌

2,500,000

g

Hanwha

Life

Insurance

Co

Ltd

3

.379

02/04/32

2,279,612‌

15,431,000

Hartford

Financial

Services

Group,

Inc

2

.800

08/19/29

13,759,014‌

350,000

Hartford

Financial

Services

Group,

Inc

4

.300

04/15/43

309,745‌

1,400,000

Hartford

Financial

Services

Group,

Inc

2

.900

09/15/51

971,812‌

3,475,000

g

HCA,

Inc

3

.625

03/15/32

2,931,518‌

4,600,000

g

HCA,

Inc

4

.625

03/15/52

3,680,285‌

1,450,000

g

Liberty

Mutual

Group,

Inc

3

.951

10/15/50

1,101,229‌

2,900,000

g

Liberty

Mutual

Group,

Inc

5

.500

06/15/52

2,746,827‌

600,000

MetLife,

Inc

3

.000

03/01/25

588,609‌

1,775,000

MetLife,

Inc

3

.600

11/13/25

1,763,619‌

5,870,000

MetLife,

Inc

3

.850

N/A‡

5,226,964‌

10,175,000

PartnerRe

Finance

B

LLC

4

.500

10/01/50

8,466,222‌

3,500,000

Principal

Financial

Group,

Inc

2

.125

06/15/30

2,892,425‌

3,700,000

g

Protective

Life

Global

Funding

0

.781

07/05/24

3,473,327‌

2,000,000

Prudential

Financial,

Inc

3

.905

12/07/47

1,724,402‌

2,220,000

Reinsurance

Group

of

America,

Inc

3

.900

05/15/29

2,088,044‌

525,000

g

Swiss

Re

Treasury

US

Corp

4

.250

12/06/42

485,483‌

365,000

Willis

North

America,

Inc

3

.600

05/15/24

359,519‌

TOTAL

INSURANCE

98,200,371‌

MATERIALS

-

1

.4

%

4,375,000

Albemarle

Corp

4

.650

06/01/27

4,305,465‌

1,625,000

g

Alpek

SAB

de

C.V.

4

.250

09/18/29

1,460,989‌

7,535,000

Amcor

Flexibles

North

America,

Inc

2

.690

05/25/31

6,147,946‌

1,425,000

g

Anglo

American

Capital

plc

3

.875

03/16/29

1,310,548‌

2,300,000

g

Anglo

American

Capital

plc

2

.625

09/10/30

1,892,733‌

4,300,000

AngloGold

Ashanti

Holdings

plc

3

.375

11/01/28

3,640,499‌

7,125,000

AngloGold

Ashanti

Holdings

plc

3

.750

10/01/30

5,865,783‌

1,778,000

g

Antofagasta

plc

2

.375

10/14/30

1,375,727‌

1,600,000

e,g

Antofagasta

plc

5

.625

05/13/32

1,542,000‌

3,225,000

g

Ardagh

Metal

Packaging

Finance

USA

LLC

3

.250

09/01/28

2,752,758‌

1,850,000

Ball

Corp

2

.875

08/15/30

1,489,077‌

370,000

Bemis

Co,

Inc

3

.100

09/15/26

354,629‌

2,725,000

Bemis

Co,

Inc

2

.630

06/19/30

2,234,384‌

10,105,000

Berry

Global,

Inc

1

.570

01/15/26

9,010,826‌

6,100,000

Berry

Global,

Inc

1

.650

01/15/27

5,339,278‌

1,140,000

g

CANPACK

S.A.

3

.125

11/01/25

991,137‌

2,500,000

g

Celulosa

Arauco

y

Constitucion

S.A.

4

.250

04/30/29

2,243,750‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

163

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

1,325,000

g

Celulosa

Arauco

y

Constitucion

S.A.

4

.200

%

01/29/30

$

1,175,938‌

1,325,000

g

Cemex

SAB

de

C.V.

5

.450

11/19/29

1,177,925‌

2,925,000

g

Cemex

SAB

de

C.V.

3

.875

07/11/31

2,193,750‌

3,100,000

Church

&

Dwight

Co,

Inc

5

.000

06/15/52

3,169,137‌

1,500,000

Commercial

Metals

Co

4

.125

01/15/30

1,263,004‌

2,725,000

e,g

Constellium

SE

3

.750

04/15/29

2,161,123‌

3,000,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.000

09/30/29

2,613,053‌

2,000,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.150

01/14/30

1,745,649‌

1,500,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.150

01/15/51

1,023,705‌

265,000

DowDuPont,

Inc

4

.493

11/15/25

266,804‌

1,140,000

DowDuPont,

Inc

4

.725

11/15/28

1,143,745‌

5,000,000

g

FMG

Resources

August

2006

Pty

Ltd

5

.875

04/15/30

4,500,000‌

800,000

g

Freeport

Indonesia

PT

4

.763

04/14/27

765,600‌

1,860,000

g

Freeport

Indonesia

PT

5

.315

04/14/32

1,686,090‌

2,400,000

Freeport-McMoRan,

Inc

5

.450

03/15/43

2,220,120‌

1,500,000

g

Fresnillo

plc

4

.250

10/02/50

1,100,625‌

1,975,000

g

GCC

SAB

de

C.V.

3

.614

04/20/32

1,612,133‌

1,250,000

g

Gold

Fields

Orogen

Holdings

BVI

Ltd

6

.125

05/15/29

1,277,209‌

187,000

e

International

Paper

Co

4

.350

08/15/48

166,043‌

3,000,000

g

Inversiones

CMPC

S.A.

4

.375

04/04/27

2,857,500‌

4,900,000

g

Inversiones

CMPC

S.A.

3

.000

04/06/31

3,923,087‌

675,000

g

James

Hardie

International

Finance

DAC

5

.000

01/15/28

600,750‌

710,000

g

Midwest

Connector

Capital

Co

LLC

4

.625

04/01/29

669,588‌

1,600,000

Mosaic

Co

4

.875

11/15/41

1,462,559‌

3,390,000

Newmont

Corp

2

.600

07/15/32

2,797,426‌

2,900,000

g

Nova

Chemicals

Corp

4

.875

06/01/24

2,756,443‌

6,350,000

Nutrien

Ltd

2

.950

05/13/30

5,650,609‌

1,920,000

g

OCI

NV

4

.625

10/15/25

1,853,213‌

1,600,000

g

OCP

S.A.

3

.750

06/23/31

1,205,394‌

2,300,000

g

Orbia

Advance

Corp

SAB

de

C.V.

1

.875

05/11/26

2,052,750‌

480,000

Packaging

Corp

of

America

3

.650

09/15/24

477,824‌

375,000

g

PolyOne

Corp

5

.750

05/15/25

359,435‌

1,475,000

Sasol

Financing

USA

LLC

5

.875

03/27/24

1,442,550‌

2,250,000

Sasol

Financing

USA

LLC

4

.375

09/18/26

1,983,330‌

2,000,000

g

Sociedad

Quimica

y

Minera

de

Chile

S.A.

4

.250

05/07/29

1,907,500‌

2,500,000

g

Sociedad

Quimica

y

Minera

de

Chile

S.A.

3

.500

09/10/51

1,846,875‌

2,400,000

Suzano

Austria

GmbH

3

.750

01/15/31

1,938,000‌

5,000,000

Suzano

Austria

GmbH

3

.125

01/15/32

3,764,200‌

4,070,000

g

Tronox,

Inc

4

.625

03/15/29

3,272,687‌

3,675,000

g

UltraTech

Cement

Ltd

2

.800

02/16/31

2,911,159‌

815,000

g

Unifrax

Escrow

Issuer

Corp

5

.250

09/30/28

650,284‌

800,000

g

WR

Grace

Holdings

LLC

5

.625

08/15/29

589,000‌

2,400,000

WRKCo,

Inc

4

.900

03/15/29

2,407,219‌

3,950,000

WRKCo,

Inc

3

.000

06/15/33

3,347,416‌

TOTAL

MATERIALS

135,945,980‌

MEDIA

&

ENTERTAINMENT

-

2

.0

%

2,675,000

Activision

Blizzard,

Inc

3

.400

09/15/26

2,625,409‌

1,850,000

Activision

Blizzard,

Inc

1

.350

09/15/30

1,485,309‌

6,850,000

Agree

LP

2

.000

06/15/28

5,848,664‌

4,787,059

g

Alfa

Desarrollo

S.p.A

4

.550

09/27/51

3,434,715‌

3,315,000

g

Arches

Buyer,

Inc

4

.250

06/01/28

2,699,090‌

1,050,000

e

AstraZeneca

Finance

LLC

2

.250

05/28/31

914,021‌

1,275,000

Baidu,

Inc

4

.375

05/14/24

1,283,651‌

2,030,000

Baidu,

Inc

1

.625

02/23/27

1,808,451‌

4,100,000

g

BOC

Aviation

USA

Corp

1

.625

04/29/24

3,927,513‌

1,575,000

g

Cable

Onda

S.A.

4

.500

01/30/30

1,322,023‌

4,900,000

g

CCO

Holdings

LLC

5

.125

05/01/27

4,624,375‌

2,500,000

g

CCO

Holdings

LLC

4

.500

08/15/30

2,075,695‌

5,000,000

g

CCO

Holdings

LLC

4

.250

02/01/31

4,075,000‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

164

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

4,725,000

Charter

Communications

Operating

LLC

2

.250

%

01/15/29

$

3,882,379‌

4,000,000

Charter

Communications

Operating

LLC

2

.800

04/01/31

3,203,431‌

5,000,000

Charter

Communications

Operating

LLC

3

.500

03/01/42

3,469,705‌

2,400,000

Charter

Communications

Operating

LLC

5

.125

07/01/49

1,986,531‌

15,750,000

Charter

Communications

Operating

LLC

4

.800

03/01/50

12,479,672‌

9,680,000

Charter

Communications

Operating

LLC

3

.700

04/01/51

6,550,409‌

13,450,000

Comcast

Corp

2

.350

01/15/27

12,537,513‌

3,700,000

Comcast

Corp

4

.150

10/15/28

3,689,732‌

7,575,000

Comcast

Corp

1

.500

02/15/31

6,087,956‌

4,525,000

Comcast

Corp

3

.200

07/15/36

3,831,332‌

1,000,000

Comcast

Corp

3

.900

03/01/38

904,386‌

10,080,000

Comcast

Corp

2

.800

01/15/51

7,131,652‌

11,178,000

Comcast

Corp

2

.887

11/01/51

7,985,219‌

10,186,000

Comcast

Corp

2

.937

11/01/56

7,078,196‌

4,100,000

g

CSC

Holdings

LLC

5

.500

04/15/27

3,715,461‌

5,000,000

g

CSC

Holdings

LLC

3

.375

02/15/31

3,696,550‌

1,225,000

g

CT

Trust

5

.125

02/03/32

981,531‌

985,000

g

DIRECTV

Holdings

LLC

5

.875

08/15/27

840,274‌

656,000

Discovery

Communications

LLC

2

.950

03/20/23

651,500‌

3,095,000

Discovery

Communications

LLC

3

.625

05/15/30

2,751,870‌

760,000

Discovery

Communications

LLC

4

.875

04/01/43

631,929‌

1,450,000

DISH

DBS

Corp

5

.000

03/15/23

1,380,067‌

1,000,000

DISH

DBS

Corp

7

.750

07/01/26

779,500‌

2,375,000

g

DISH

DBS

Corp

5

.250

12/01/26

1,861,620‌

1,300,000

g

Electricidad

Firme

de

Mexico

Holdings

S.A.

de

C.V.

4

.900

11/20/26

1,063,571‌

1,950,000

g

Empresa

de

los

Ferrocarriles

del

Estado

3

.068

08/18/50

1,170,159‌

2,375,000

g

ENN

Clean

Energy

International

Investment

Ltd

3

.375

05/12/26

2,156,666‌

5,500,000

g

Genm

Capital

Labuan

Ltd

3

.882

04/19/31

4,353,322‌

2,985,000

Grupo

Televisa

SAB

6

.625

01/15/40

3,253,328‌

3,300,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.375

03/24/27

3,158,530‌

5,300,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.625

03/24/32

4,898,053‌

650,000

Lamar

Media

Corp

3

.750

02/15/28

577,025‌

2,000,000

Lamar

Media

Corp

4

.875

01/15/29

1,800,232‌

1,000,000

Lamar

Media

Corp

4

.000

02/15/30

839,651‌

1,675,000

Lamar

Media

Corp

3

.625

01/15/31

1,370,854‌

1,275,000

g

LCPR

Senior

Secured

Financing

DAC

5

.125

07/15/29

1,064,625‌

645,000

†,g

LUKOIL

Capital

DAC

2

.800

04/26/27

390,225‌

5,000,000

†,g

LUKOIL

Securities

BV

3

.875

05/06/30

2,525,000‌

11,175,000

g

Magallanes,

Inc

5

.050

03/15/42

9,507,579‌

1,000,000

g

Medco

Laurel

Tree

Pte

Ltd

6

.950

11/12/28

834,832‌

2,645,000

g

Mexico

Remittances

Funding

Fiduciary

Estate

Management

Sarl

4

.875

01/15/28

2,142,450‌

3,260,000

g

Misc

Capital

Two

Labuan

Ltd

3

.750

04/06/27

3,062,411‌

825,000

g

News

Corp

3

.875

05/15/29

712,359‌

1,525,000

g

Rackspace

Technology

Global,

Inc

3

.500

02/15/28

1,194,815‌

1,375,000

g

S&P

Global,

Inc

4

.250

05/01/29

1,359,731‌

2,725,000

g

Sirius

XM

Radio,

Inc

4

.000

07/15/28

2,357,125‌

1,575,000

g

Sirius

XM

Radio,

Inc

4

.125

07/01/30

1,315,424‌

750,000

g

TEGNA,

Inc

4

.750

03/15/26

719,824‌

500,000

TEGNA,

Inc

4

.625

03/15/28

467,500‌

250,000

Time

Warner

Cable

LLC

5

.875

11/15/40

229,097‌

1,275,000

g

Univision

Communications,

Inc

4

.500

05/01/29

1,067,204‌

800,000

ViacomCBS,

Inc

3

.375

02/15/28

734,166‌

1,770,000

ViacomCBS,

Inc

4

.375

03/15/43

1,368,929‌

200,000

ViacomCBS,

Inc

5

.850

09/01/43

186,854‌

2,940,000

Viatris,

Inc

1

.650

06/22/25

2,661,457‌

4,500,000

Walt

Disney

Co

3

.000

09/15/22

4,505,279‌

110,000

Walt

Disney

Co

7

.625

11/30/28

129,495‌

85,000

Walt

Disney

Co

6

.550

03/15/33

98,243‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

165

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

2,325,000

Weibo

Corp

3

.375

%

07/08/30

$

1,888,664‌

TOTAL

MEDIA

&

ENTERTAINMENT

199,397,010‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.9

%

1,550,000

AbbVie,

Inc

2

.850

05/14/23

1,544,575‌

12,900,000

AbbVie,

Inc

3

.800

03/15/25

12,796,734‌

16,975,000

AbbVie,

Inc

4

.050

11/21/39

15,137,131‌

2,072,000

AbbVie,

Inc

4

.400

11/06/42

1,883,037‌

1,360,000

AbbVie,

Inc

4

.450

05/14/46

1,233,669‌

6,750,000

AbbVie,

Inc

4

.250

11/21/49

5,992,189‌

1,775,000

AstraZeneca

plc

3

.125

06/12/27

1,706,862‌

12,000,000

AstraZeneca

plc

1

.375

08/06/30

9,849,806‌

1,500,000

g

Avantor

Funding,

Inc

4

.625

07/15/28

1,375,050‌

2,040,000

g

Avantor

Funding,

Inc

3

.875

11/01/29

1,784,286‌

3,150,000

Bristol-Myers

Squibb

Co

2

.350

11/13/40

2,330,083‌

3,050,000

Bristol-Myers

Squibb

Co

3

.550

03/15/42

2,679,415‌

1,065,000

Danaher

Corp

2

.800

12/10/51

767,205‌

635,000

Gilead

Sciences,

Inc

4

.000

09/01/36

592,918‌

5,830,000

Gilead

Sciences,

Inc

2

.800

10/01/50

4,068,405‌

1,250,000

Johnson

&

Johnson

3

.400

01/15/38

1,124,364‌

2,250,000

Merck

&

Co,

Inc

2

.750

12/10/51

1,661,577‌

4,075,000

Mylan,

Inc

4

.550

04/15/28

3,884,682‌

2,500,000

g

Organon

Finance  LLC

4

.125

04/30/28

2,212,500‌

5,650,000

g

Organon

Finance  LLC

5

.125

04/30/31

4,874,989‌

11,155,000

Takeda

Pharmaceutical

Co

Ltd

2

.050

03/31/30

9,330,204‌

1,000,000

Takeda

Pharmaceutical

Co

Ltd

3

.025

07/09/40

769,643‌

1,544,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

2

.800

07/21/23

1,493,473‌

3,500,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

3

.150

10/01/26

2,870,000‌

695,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

4

.750

05/09/27

593,612‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

92,556,409‌

REAL

ESTATE

-

2

.0

%

5,450,000

Alexandria

Real

Estate

Equities,

Inc

3

.450

04/30/25

5,363,965‌

450,000

Alexandria

Real

Estate

Equities,

Inc

3

.950

01/15/27

443,226‌

675,000

Alexandria

Real

Estate

Equities,

Inc

3

.950

01/15/28

653,428‌

2,775,000

Alexandria

Real

Estate

Equities,

Inc

4

.900

12/15/30

2,754,375‌

1,900,000

Alexandria

Real

Estate

Equities,

Inc

1

.875

02/01/33

1,428,609‌

2,700,000

American

Tower

Corp

2

.950

01/15/25

2,606,806‌

600,000

American

Tower

Corp

3

.375

10/15/26

567,305‌

1,200,000

American

Tower

Corp

3

.600

01/15/28

1,122,009‌

5,370,000

American

Tower

Corp

1

.500

01/31/28

4,465,004‌

5,800,000

American

Tower

Corp

3

.800

08/15/29

5,323,727‌

6,950,000

American

Tower

Corp

2

.900

01/15/30

5,950,069‌

1,375,000

American

Tower

Corp

2

.100

06/15/30

1,101,171‌

890,000

American

Tower

Corp

1

.875

10/15/30

692,386‌

1,975,000

Brandywine

Operating

Partnership

LP

3

.950

02/15/23

1,970,225‌

1,125,000

Brandywine

Operating

Partnership

LP

4

.100

10/01/24

1,114,218‌

2,225,000

Brixmor

Operating

Partnership

LP

3

.850

02/01/25

2,189,383‌

8,206,000

Brixmor

Operating

Partnership

LP

2

.250

04/01/28

7,036,993‌

1,700,000

Brixmor

Operating

Partnership

LP

2

.500

08/16/31

1,333,076‌

2,000,000

Camden

Property

Trust

4

.250

01/15/24

1,992,604‌

400,000

Crown

Castle

International

Corp

3

.650

09/01/27

378,819‌

7,625,000

Crown

Castle

International

Corp

2

.250

01/15/31

6,184,914‌

3,130,000

Crown

Castle

International

Corp

2

.100

04/01/31

2,489,515‌

2,900,000

CubeSmart

LP

2

.250

12/15/28

2,477,903‌

1,474,000

CubeSmart

LP

2

.000

02/15/31

1,171,841‌

1,525,000

e

Digital

Realty

Trust

LP

3

.600

07/01/29

1,378,220‌

1,075,000

Duke

Realty

LP

2

.875

11/15/29

966,001‌

7,735,000

Essential

Properties

LP

2

.950

07/15/31

6,060,618‌

5,000,000

Essex

Portfolio

LP

3

.875

05/01/24

4,985,330‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

166

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

3,200,000

Essex

Portfolio

LP

3

.000

%

01/15/30

$

2,827,896‌

1,225,000

Federal

Realty

Investment

Trust

1

.250

02/15/26

1,095,959‌

4,980,000

g

HAT

Holdings

I

LLC

3

.375

06/15/26

4,282,800‌

1,675,000

Healthcare

Realty

Trust,

Inc

3

.875

05/01/25

1,642,069‌

3,000,000

Healthcare

Realty

Trust,

Inc

3

.625

01/15/28

2,798,746‌

1,660,000

Healthcare

Realty

Trust,

Inc

2

.400

03/15/30

1,373,735‌

925,000

Healthcare

Realty

Trust,

Inc

2

.050

03/15/31

726,414‌

4,125,000

Healthcare

Trust

of

America

Holdings

LP

3

.500

08/01/26

3,925,362‌

6,765,000

Healthcare

Trust

of

America

Holdings

LP

3

.100

02/15/30

5,828,767‌

7,500,000

Highwoods

Realty

LP

3

.875

03/01/27

7,218,112‌

1,025,000

Highwoods

Realty

LP

4

.125

03/15/28

979,833‌

1,350,000

Highwoods

Realty

LP

4

.200

04/15/29

1,265,837‌

8,010,000

Highwoods

Realty

LP

3

.050

02/15/30

6,894,840‌

2,085,000

Highwoods

Realty

LP

2

.600

02/01/31

1,712,389‌

1,225,000

g

Howard

Hughes

Corp

4

.125

02/01/29

944,827‌

835,000

Hudson

Pacific

Properties

LP

3

.950

11/01/27

794,794‌

1,400,000

Kennedy-Wilson,

Inc

4

.750

03/01/29

1,134,000‌

1,475,000

Kennedy-Wilson,

Inc

5

.000

03/01/31

1,143,125‌

2,275,000

Life

Storage

LP

2

.400

10/15/31

1,810,518‌

1,200,000

Mid-America

Apartments

LP

4

.300

10/15/23

1,206,898‌

1,200,000

Mid-America

Apartments

LP

3

.750

06/15/24

1,195,747‌

1,050,000

Mid-America

Apartments

LP

4

.000

11/15/25

1,042,537‌

7,350,000

Mid-America

Apartments

LP

2

.750

03/15/30

6,402,440‌

6,200,000

Mid-America

Apartments

LP

1

.700

02/15/31

4,903,434‌

1,700,000

Mid-America

Apartments

LP

2

.875

09/15/51

1,178,948‌

625,000

National

Retail

Properties,

Inc

4

.000

11/15/25

621,700‌

1,850,000

National

Retail

Properties,

Inc

3

.600

12/15/26

1,780,282‌

1,100,000

Regency

Centers

LP

3

.900

11/01/25

1,082,831‌

950,000

Regency

Centers

LP

3

.600

02/01/27

918,918‌

5,885,000

Regency

Centers

LP

2

.950

09/15/29

5,170,849‌

4,425,000

Retail

Properties

of

America,

Inc

4

.750

09/15/30

4,119,634‌

17,050,000

g

SBA

Tower

Trust

2

.836

01/15/25

16,454,675‌

8,398,000

g

SBA

Tower

Trust

1

.884

01/15/26

7,754,956‌

7,500,000

g

SBA

Tower

Trust

1

.631

11/15/26

6,709,000‌

646,000

SITE

Centers

Corp

3

.625

02/01/25

627,880‌

2,000,000

SITE

Centers

Corp

4

.250

02/01/26

1,964,187‌

2,833,000

SITE

Centers

Corp

4

.700

06/01/27

2,795,194‌

400,000

Weingarten

Realty

Investors

3

.375

10/15/22

400,063‌

1,876,000

Weingarten

Realty

Investors

3

.500

04/15/23

1,879,615‌

475,000

Weingarten

Realty

Investors

4

.450

01/15/24

476,359‌

1,025,000

Weingarten

Realty

Investors

3

.850

06/01/25

1,009,904‌

700,000

Weingarten

Realty

Investors

3

.250

08/15/26

672,967‌

1,075,000

Weyerhaeuser

Co

4

.000

03/09/52

887,527‌

TOTAL

REAL

ESTATE

193,858,308‌

RETAILING

-

0

.6

%

1,550,000

Amazon.com,

Inc

2

.875

05/12/41

1,240,525‌

2,670,000

g

Asbury

Automotive

Group,

Inc

4

.625

11/15/29

2,206,087‌

755,000

g

Asbury

Automotive

Group,

Inc

5

.000

02/15/32

617,212‌

980,000

AutoNation,

Inc

1

.950

08/01/28

815,333‌

3,275,000

AutoZone,

Inc

1

.650

01/15/31

2,567,967‌

300,000

Chevron

USA,

Inc

3

.900

11/15/24

303,485‌

3,025,000

g

Ferrellgas

Escrow

LLC

5

.375

04/01/26

2,626,260‌

3,225,000

g

Ferrellgas

Escrow

LLC

5

.875

04/01/29

2,618,001‌

2,200,000

Genuine

Parts

Co

2

.750

02/01/32

1,820,092‌

550,000

g

Group

1

Automotive,

Inc

4

.000

08/15/28

459,681‌

4,500,000

g

JSM

Global

Sarl

4

.750

10/20/30

3,408,750‌

1,665,000

g

Kia

Corp

2

.375

02/14/25

1,592,493‌

925,000

g

L

Brands,

Inc

6

.625

10/01/30

798,959‌

800,000

g

LCM

Investments

Holdings

II

LLC

4

.875

05/01/29

608,880‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

167

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

850,000

g

Lithia

Motors,

Inc

4

.625

%

12/15/27

$

779,127‌

4,900,000

g

Magic

Mergeco,

Inc

5

.250

05/01/28

3,851,253‌

437,000

g

Myriad

International

Holdings

BV

4

.850

07/06/27

399,411‌

4,215,000

O'Reilly

Automotive,

Inc

3

.550

03/15/26

4,177,897‌

2,175,000

O'Reilly

Automotive,

Inc

3

.600

09/01/27

2,100,311‌

2,100,000

O'Reilly

Automotive,

Inc

4

.200

04/01/30

2,027,482‌

9,530,000

O'Reilly

Automotive,

Inc

1

.750

03/15/31

7,554,345‌

2,000,000

g

Prosus

NV

3

.832

02/08/51

1,205,084‌

4,950,000

g

Staples,

Inc

7

.500

04/15/26

4,102,907‌

550,000

g

Superior

Plus

LP

4

.500

03/15/29

467,500‌

5,315,000

Target

Corp

2

.350

02/15/30

4,693,865‌

2,575,000

g

Volkswagen

Group

of

America

Finance

LLC

1

.625

11/24/27

2,200,002‌

TOTAL

RETAILING

55,242,909‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.5

%

9,875,000

g

Broadcom,

Inc

2

.450

02/15/31

7,933,955‌

3,920,000

g

Broadcom,

Inc

3

.419

04/15/33

3,240,837‌

6,774,000

g

Broadcom,

Inc

3

.469

04/15/34

5,513,139‌

1,718,000

g

Broadcom,

Inc

3

.187

11/15/36

1,305,981‌

3,442,000

g

Broadcom,

Inc

4

.926

05/15/37

3,085,900‌

260,000

Intel

Corp

3

.150

05/11/27

253,904‌

1,150,000

Intel

Corp

3

.734

12/08/47

975,725‌

1,350,000

Lam

Research

Corp

3

.750

03/15/26

1,346,690‌

1,525,000

Lam

Research

Corp

4

.000

03/15/29

1,498,264‌

4,515,000

Lam

Research

Corp

1

.900

06/15/30

3,809,834‌

4,735,000

NVIDIA

Corp

2

.000

06/15/31

4,020,173‌

1,650,000

g

NXP

BV

2

.700

05/01/25

1,568,461‌

2,650,000

NXP

BV

3

.875

06/18/26

2,552,480‌

1,975,000

NXP

BV

4

.400

06/01/27

1,944,248‌

1,200,000

NXP

BV

3

.400

05/01/30

1,058,552‌

2,575,000

NXP

BV

3

.125

02/15/42

1,872,730‌

4,300,000

g

SK

Hynix,

Inc

1

.500

01/19/26

3,864,711‌

1,100,000

Texas

Instruments,

Inc

2

.625

05/15/24

1,089,937‌

1,100,000

Texas

Instruments,

Inc

4

.150

05/15/48

1,055,089‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

47,990,610‌

SOFTWARE

&

SERVICES

-

0

.6

%

11,405,000

Adobe,

Inc

2

.300

02/01/30

10,071,607‌

265,000

g

CA

Magnum

Holdings

5

.375

10/31/26

229,644‌

90,000

g

Camelot

Finance

S.A.

4

.500

11/01/26

82,089‌

690,000

g

Clarivate

Science

Holdings

Corp

3

.875

07/01/28

576,501‌

5,330,000

Fiserv,

Inc

3

.500

07/01/29

4,861,958‌

900,000

g

Gartner,

Inc

3

.750

10/01/30

766,125‌

3,500,000

g

HCL

America,

Inc

1

.375

03/10/26

3,149,361‌

1,413,000

g

j2

Global,

Inc

4

.625

10/15/30

1,204,505‌

19,000,000

Microsoft

Corp

2

.400

08/08/26

18,260,395‌

1,911,000

Microsoft

Corp

2

.525

06/01/50

1,407,502‌

2,830,000

g

Open

Text

Corp

3

.875

12/01/29

2,381,869‌

550,000

g

Open

Text

Holdings,

Inc

4

.125

02/15/30

475,777‌

1,425,000

e,g

Prosus

NV

4

.193

01/19/32

1,137,696‌

3,100,000

Roper

Technologies,

Inc

1

.400

09/15/27

2,655,376‌

875,000

salesforce.com,

Inc

3

.700

04/11/28

864,854‌

3,625,000

salesforce.com,

Inc

1

.950

07/15/31

3,079,105‌

3,150,000

salesforce.com,

Inc

2

.700

07/15/41

2,434,931‌

2,675,000

Take-Two

Interactive

Software,

Inc

3

.700

04/14/27

2,596,485‌

580,000

Visa,

Inc

3

.150

12/14/25

570,956‌

3,400,000

Visa,

Inc

2

.700

04/15/40

2,733,648‌

TOTAL

SOFTWARE

&

SERVICES

59,540,384‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

168

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.6

%

$

3,450,000

Amphenol

Corp

2

.800

%

02/15/30

$

3,020,355‌

8,575,000

Apple,

Inc

2

.450

08/04/26

8,202,304‌

19,975,000

Apple,

Inc

2

.050

09/11/26

18,806,580‌

5,370,000

Apple,

Inc

1

.650

02/08/31

4,514,204‌

1,100,000

Apple,

Inc

4

.650

02/23/46

1,132,347‌

1,590,000

Apple,

Inc

2

.650

02/08/51

1,171,856‌

1,865,000

Corning,

Inc

4

.375

11/15/57

1,525,810‌

4,415,000

Dell

International

LLC

5

.300

10/01/29

4,352,440‌

11,625,000

g

Imola

Merger

Corp

4

.750

05/15/29

9,726,172‌

6,000,000

g

Lenovo

Group

Ltd

3

.421

11/02/30

5,108,020‌

975,000

g

Sensata

Technologies

BV

4

.000

04/15/29

826,878‌

525,000

Tyco

Electronics

Group

S.A.

3

.700

02/15/26

522,497‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

58,909,463‌

TELECOMMUNICATION

SERVICES

-

2

.2

%

3,775,000

g

Altice

France

S.A.

5

.125

07/15/29

2,850,125‌

3,075,000

g

America

Movil

SAB

de

C.V.

5

.375

04/04/32

2,729,063‌

12,477,000

AT&T,

Inc

2

.550

12/01/33

10,121,762‌

2,300,000

AT&T,

Inc

4

.500

05/15/35

2,185,609‌

9,850,000

AT&T,

Inc

3

.500

06/01/41

7,864,998‌

36,400,000

AT&T,

Inc

3

.550

09/15/55

27,272,336‌

12,174,000

AT&T,

Inc

3

.800

12/01/57

9,402,257‌

2,399,000

AT&T,

Inc

3

.650

09/15/59

1,796,726‌

2,000,000

g

Bharti

Airtel

Ltd

4

.375

06/10/25

1,991,260‌

4,250,000

g

Bharti

Airtel

Ltd

3

.250

06/03/31

3,554,590‌

2,500,000

g

C&W

Senior

Financing

Designated

Activity

Co

6

.875

09/15/27

2,251,000‌

3,850,000

g

Empresa

Nacional

de

Telecomunicaciones

S.A.

3

.050

09/14/32

3,084,813‌

1,925,000

g

Iliad

Holding

SASU

6

.500

10/15/26

1,732,442‌

1,675,000

g

Millicom

International

Cellular

S.A.

4

.500

04/27/31

1,239,500‌

2,500,000

g

MTN

Mauritius

Investment

Ltd

6

.500

10/13/26

2,449,911‌

500,000

Orange

S.A.

5

.375

01/13/42

516,922‌

4,700,000

Telefonica

Emisiones

SAU

4

.103

03/08/27

4,601,458‌

5,000,000

Telefonica

Emisiones

SAU

5

.213

03/08/47

4,431,112‌

2,990,000

Telefonica

Emisiones

SAU

4

.895

03/06/48

2,549,313‌

3,000,000

g

Telefonica

Moviles

Chile

S.A.

3

.537

11/18/31

2,520,000‌

800,000

T-Mobile

USA,

Inc

2

.250

02/15/26

719,915‌

3,000,000

T-Mobile

USA,

Inc

2

.625

02/15/29

2,525,361‌

19,910,000

T-Mobile

USA,

Inc

3

.875

04/15/30

18,581,129‌

16,800,000

T-Mobile

USA,

Inc

2

.550

02/15/31

14,136,265‌

1,275,000

T-Mobile

USA,

Inc

3

.000

02/15/41

950,885‌

1,150,000

T-Mobile

USA,

Inc

4

.500

04/15/50

1,020,399‌

4,545,000

T-Mobile

USA,

Inc

3

.300

02/15/51

3,309,597‌

1,375,000

Verizon

Communications,

Inc

1

.680

10/30/30

1,108,132‌

13,630,000

Verizon

Communications,

Inc

1

.750

01/20/31

10,947,928‌

36,400,000

Verizon

Communications,

Inc

2

.550

03/21/31

31,122,274‌

2,568,000

Verizon

Communications,

Inc

2

.355

03/15/32

2,129,228‌

22,600,000

Verizon

Communications,

Inc

2

.650

11/20/40

16,578,601‌

4,915,000

g

Vmed

O2

UK

Financing

I

plc

4

.750

07/15/31

3,970,583‌

7,735,000

Vodafone

Group

plc

4

.375

02/19/43

6,721,845‌

5,800,000

Vodafone

Group

plc

4

.250

09/17/50

4,877,954‌

TOTAL

TELECOMMUNICATION

SERVICES

213,845,293‌

TRANSPORTATION

-

0

.5

%

1,000,000

g

Adani

Ports

&

Special

Economic

Zone

Ltd

4

.000

07/30/27

920,840‌

800,000

g

Adani

Ports

&

Special

Economic

Zone

Ltd

4

.200

08/04/27

744,848‌

2,300,000

g

Adani

Ports

&

Special

Economic

Zone

Ltd

3

.100

02/02/31

1,793,393‌

4,500,000

g

AerCap

Global

Aviation

6

.500

06/15/45

4,130,296‌

2,750,000

Burlington

Northern

Santa

Fe

LLC

3

.050

02/15/51

2,091,391‌

6,375,000

Canadian

Pacific

Railway

Co

2

.050

03/05/30

5,394,714‌

2,950,000

Canadian

Pacific

Railway

Co

3

.100

12/02/51

2,172,888‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

169

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TRANSPORTATION—continued

$

1,000,000

CSX

Corp

2

.600

%

11/01/26

$

938,956‌

625,000

CSX

Corp

3

.250

06/01/27

599,725‌

700,000

CSX

Corp

3

.800

03/01/28

682,940‌

9,715,000

CSX

Corp

4

.250

03/15/29

9,664,611‌

1,500,000

g

DP

World

Ltd

5

.625

09/25/48

1,393,126‌

2,235,000

g

First

Student

Bidco,

Inc

4

.000

07/31/29

1,787,529‌

1,443,000

g

Mexico

City

Airport

Trust

4

.250

10/31/26

1,328,801‌

5,000,000

g

Mexico

City

Airport

Trust

5

.500

07/31/47

3,427,500‌

2,650,000

g

Pelabuhan

Indonesia

III

Persero

PT

4

.500

05/02/23

2,649,099‌

3,000,000

Southwest

Airlines

Co

5

.125

06/15/27

3,027,744‌

2,000,000

g

Transnet

SOC

Ltd

4

.000

07/26/22

1,907,600‌

5,200,000

Union

Pacific

Corp

2

.891

04/06/36

4,298,461‌

1,175,000

Union

Pacific

Corp

3

.839

03/20/60

980,786‌

TOTAL

TRANSPORTATION

49,935,248‌

UTILITIES

-

2

.6

%

1,525,000

g

Access

Bank

plc

6

.125

09/21/26

1,228,212‌

1,728,125

g

Adani

Transmission

Ltd

4

.250

05/21/36

1,459,025‌

1,000,000

AEP

Transmission

Co

LLC

3

.100

12/01/26

965,603‌

1,000,000

AEP

Transmission

Co

LLC

4

.000

12/01/46

883,310‌

1,740,000

AEP

Transmission

Co

LLC

3

.750

12/01/47

1,478,258‌

2,140,000

AEP

Transmission

Co

LLC

2

.750

08/15/51

1,499,812‌

1,450,000

g

Aeropuerto

Internacional

de

Tocumen

S.A.

4

.000

08/11/41

1,176,203‌

725,000

Alabama

Power

Co

4

.150

08/15/44

639,384‌

3,000,000

Alabama

Power

Co

3

.450

10/01/49

2,373,370‌

10,350,000

Alabama

Power

Co

3

.125

07/15/51

7,746,193‌

4,600,000

Ameren

Corp

3

.650

02/15/26

4,511,357‌

1,650,000

American

Water

Capital

Corp

3

.000

12/01/26

1,563,806‌

3,075,000

American

Water

Capital

Corp

2

.800

05/01/30

2,757,032‌

10,000,000

American

Water

Capital

Corp

2

.300

06/01/31

8,469,301‌

1,400,000

American

Water

Capital

Corp

4

.000

12/01/46

1,214,692‌

1,425,000

American

Water

Capital

Corp

3

.750

09/01/47

1,185,735‌

675,000

American

Water

Capital

Corp

3

.450

05/01/50

537,880‌

760,000

American

Water

Capital

Corp

3

.250

06/01/51

584,343‌

2,990,000

Atmos

Energy

Corp

1

.500

01/15/31

2,391,691‌

375,000

Atmos

Energy

Corp

4

.125

10/15/44

332,005‌

800,000

g

Azure

Power

Solar

Energy

Pvt

Ltd

5

.650

12/24/24

755,640‌

2,050,000

Baltimore

Gas

&

Electric

Co

3

.750

08/15/47

1,748,837‌

1,850,000

BAT

Capital

Corp

4

.742

03/16/32

1,644,255‌

5,535,000

g

Becle

SAB

de

C.V.

2

.500

10/14/31

4,423,285‌

4,950,000

Berkshire

Hathaway

Energy

Co

3

.250

04/15/28

4,705,481‌

7,137,000

Berkshire

Hathaway

Energy

Co

1

.650

05/15/31

5,752,145‌

1,075,000

Black

Hills

Corp

4

.250

11/30/23

1,078,184‌

850,000

Black

Hills

Corp

3

.150

01/15/27

810,619‌

760,000

Black

Hills

Corp

3

.875

10/15/49

606,303‌

1,200,000

e

CenterPoint

Energy

Houston

Electric

LLC

3

.000

03/01/32

1,090,445‌

660,000

CenterPoint

Energy

Resources

Corp

6

.250

02/01/37

750,559‌

1,125,000

CMS

Energy

Corp

3

.600

11/15/25

1,102,937‌

2,125,000

g

Colbun

S.A.

3

.150

01/19/32

1,707,012‌

3,000,000

e,g

Comision

Federal

de

Electricidad

3

.348

02/09/31

2,289,030‌

395,000

Commonwealth

Edison

Co

5

.900

03/15/36

442,104‌

9,470,000

Commonwealth

Edison

Co

3

.000

03/01/50

7,176,786‌

2,750,000

Commonwealth

Edison

Co

2

.750

09/01/51

1,955,879‌

1,235,000

Consolidated

Edison

Co

of

New

York,

Inc

3

.950

03/01/43

1,059,949‌

1,425,000

Consumers

Energy

Co

2

.650

08/15/52

997,724‌

6,300,000

Dominion

Energy,

Inc

3

.300

04/15/41

4,941,978‌

12,000,000

Dominion

Energy,

Inc

4

.350

N/A‡

9,870,000‌

14,570,000

Duke

Energy

Corp

3

.300

06/15/41

11,274,249‌

3,125,000

Duke

Energy

Corp

3

.750

09/01/46

2,460,925‌

297,024

Duke

Energy

Florida

Project

Finance

LLC

1

.731

09/01/22

295,978‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

170

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

3,310,000

Duke

Energy

Progress

LLC

2

.500

%

08/15/50

$

2,260,376‌

2,100,000

Eastern

Energy

Gas

Holdings

LLC

2

.500

11/15/24

2,028,511‌

2,390,000

g

Empresas

Publicas

de

Medellin

ESP

4

.250

07/18/29

1,863,701‌

2,500,000

Enel

Chile

S.A.

4

.875

06/12/28

2,387,500‌

4,900,000

g

EnfraGen

Energia

Sur

S.A.

5

.375

12/30/30

3,307,500‌

3,500,000

g

ENN

Energy

Holdings

Ltd

2

.625

09/17/30

2,980,449‌

1,000,000

Entergy

Arkansas

LLC

2

.650

06/15/51

693,010‌

3,700,000

Entergy

Corp

0

.900

09/15/25

3,330,578‌

2,600,000

g

Equate

Petrochemical

BV

2

.625

04/28/28

2,302,673‌

900,000

g

Eskom

Holdings

SOC

Ltd

8

.450

08/10/28

723,513‌

2,525,000

Eversource

Energy

1

.650

08/15/30

2,010,889‌

3,000,000

Eversource

Energy

3

.450

01/15/50

2,291,184‌

1,225,000

Exelon

Corp

4

.050

04/15/30

1,175,492‌

2,700,000

Florida

Power

&

Light

Co

3

.990

03/01/49

2,460,138‌

UGX

8,000,000,000

†,g

ICBC

Standard

Bank

plc

14

.250

06/26/34

1,868,366‌

1,150,000

Indiana

Michigan

Power

Co

3

.750

07/01/47

947,632‌

2,865,000

Indiana

Michigan

Power

Co

3

.250

05/01/51

2,167,184‌

6,000,000

g

Israel

Electric

Corp

Ltd

4

.250

08/14/28

5,753,859‌

2,000,000

g

Kallpa

Generacion

SA

4

.125

08/16/27

1,800,000‌

2,200,000

g

Korea

Hydro

&

Nuclear

Power

Co

Ltd

3

.750

07/25/23

2,210,868‌

2,600,000

g

Korea

Southern

Power

Co

Ltd

0

.750

01/27/26

2,334,827‌

7,275,000

MidAmerican

Energy

Co

3

.650

04/15/29

7,067,642‌

2,175,000

MidAmerican

Energy

Co

3

.650

08/01/48

1,844,020‌

2,000,000

g

Nemak

SAB

de

C.V.

3

.625

06/28/31

1,396,000‌

1,650,000

Nevada

Power

Co

2

.400

05/01/30

1,437,332‌

4,320,000

NextEra

Energy

Capital

Holdings,

Inc

2

.250

06/01/30

3,627,650‌

15,720,000

NiSource,

Inc

1

.700

02/15/31

12,288,717‌

2,845,000

g

NRG

Energy,

Inc

2

.450

12/02/27

2,442,812‌

1,250,000

NRG

Energy,

Inc

5

.750

01/15/28

1,136,162‌

2,000,000

NSTAR

Electric

Co

3

.200

05/15/27

1,928,191‌

850,000

NSTAR

Electric

Co

3

.950

04/01/30

831,635‌

2,175,000

Ohio

Power

Co

4

.150

04/01/48

1,898,558‌

2,175,000

Ohio

Power

Co

4

.000

06/01/49

1,871,162‌

150,000

Oncor

Electric

Delivery

Co

LLC

7

.250

01/15/33

185,464‌

2,940,000

PacifiCorp

2

.700

09/15/30

2,605,940‌

2,915,000

PacifiCorp

2

.900

06/15/52

2,125,519‌

350,000

g

Pattern

Energy

Operations

LP

4

.500

08/15/28

304,500‌

1,375,000

PECO

Energy

Co

3

.000

09/15/49

1,041,690‌

1,000,000

PECO

Energy

Co

2

.800

06/15/50

729,654‌

1,400,000

g

Perusahaan

Listrik

Negara

PT

3

.875

07/17/29

1,263,066‌

2,500,000

g

Perusahaan

Listrik

Negara

PT

3

.375

02/05/30

2,112,500‌

852,682

g,o

Petra

Diamonds

US

Treasury

plc

10

.500

03/08/26

852,681‌

4,150,000

†,g

Phosagro

OAO

Via

Phosagro

Bond

Funding

DAC

2

.600

09/16/28

933,750‌

135,000

Potomac

Electric

Power

Co

7

.900

12/15/38

173,856‌

2,050,000

g

Promigas

S.A.

ESP

3

.750

10/16/29

1,653,058‌

8,425,000

Public

Service

Co

of

Colorado

1

.875

06/15/31

7,042,776‌

5,440,000

Public

Service

Co

of

Colorado

3

.200

03/01/50

4,270,492‌

3,925,000

Public

Service

Electric

&

Gas

Co

3

.150

01/01/50

3,047,510‌

3,000,000

g

Rumo

Luxembourg

Sarl

5

.250

01/10/28

2,812,500‌

3,215,000

g

Saka

Energi

Indonesia

PT

4

.450

05/05/24

2,945,551‌

4,000,000

Sempra

Energy

4

.875

N/A‡

3,679,923‌

1,750,000

Southern

Co

4

.400

07/01/46

1,522,035‌

2,075,000

Southern

Co

Gas

Capital

Corp

3

.875

11/15/25

2,036,237‌

1,250,000

Southern

Co

Gas

Capital

Corp

4

.400

06/01/43

1,085,153‌

1,175,000

Southern

Co

Gas

Capital

Corp

3

.950

10/01/46

961,016‌

4,900,000

Southwestern

Public

Service

Co

3

.400

08/15/46

3,887,973‌

1,700,000

g

Tengizchevroil

Finance

Co

International

Ltd

2

.625

08/15/25

1,444,689‌

4,000,000

g

TerraForm

Power

Operating

LLC

4

.750

01/15/30

3,425,960‌

1,612,658

g

UEP

Penonome

II

S.A.

6

.500

10/01/38

1,501,788‌

1,025,000

Virginia

Electric

&

Power

Co

2

.950

11/15/26

976,322‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

171

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

1,050,000

Virginia

Electric

&

Power

Co

3

.500

%

03/15/27

$

1,025,220‌

6,000,000

Virginia

Electric

&

Power

Co

3

.800

04/01/28

5,864,591‌

1,000,000

Wisconsin

Power

&

Light

Co

4

.100

10/15/44

839,922‌

470,000

Xcel

Energy,

Inc

4

.800

09/15/41

442,807‌

TOTAL

UTILITIES

259,399,790‌

TOTAL

CORPORATE

BONDS

3,456,582,532‌

(Cost

$4,012,661,215)

GOVERNMENT

BONDS

-

44.8%

AGENCY

SECURITIES

-

0

.1

%

2,500,000

Amber

Circle

Funding

Ltd

3

.250

12/04/22

2,500,235‌

2,999,000

Canal

Barge

Co,

Inc

4

.500

11/12/34

3,075,182‌

5,125,000

Overseas

Private

Investment

Corp

(OPIC)

3

.520

09/20/32

5,133,883‌

TOTAL

AGENCY

SECURITIES

10,709,300‌

FOREIGN

GOVERNMENT

BONDS

-

2

.0

%

2,000,000

g

Abu

Dhabi

Government

International

Bond

3

.125

05/03/26

1,962,924‌

1,500,000

g

Abu

Dhabi

Government

International

Bond

2

.500

09/30/29

1,379,689‌

975,000

g

African

Export-Import

Bank

2

.634

05/17/26

860,363‌

3,125,000

g

Angolan

Government

International

Bond

8

.750

04/14/32

2,493,316‌

3,325,000

g

Arab

Petroleum

Investments

Corp

4

.125

09/18/23

3,342,074‌

INR

140,000,000

Asian

Development

Bank

6

.200

10/06/26

1,713,913‌

4,465,000

g

Banque

Ouest

Africaine

de

Developpement

4

.700

10/22/31

3,712,551‌

EUR

2,100,000

g

Banque

Ouest

Africaine

de

Developpement

2

.750

01/22/33

1,732,234‌

628,900

g

Barbados

Government

International

Bond

6

.500

10/01/29

603,744‌

750,000

g

Bermuda

Government

International

Bond

4

.750

02/15/29

749,512‌

3,000,000

g

BNG

Bank

NV

3

.000

09/20/23

3,003,304‌

1,245,000

g

Brazil

Minas

SPE

via

State

of

Minas

Gerais

5

.333

02/15/28

1,216,987‌

2,000,000

Brazilian

Government

International

Bond

4

.750

01/14/50

1,354,062‌

1,825,000

Chile

Government

International

Bond

2

.750

01/31/27

1,704,095‌

5,950,000

Chile

Government

International

Bond

2

.550

01/27/32

5,051,325‌

990,000

Chile

Government

International

Bond

3

.100

05/07/41

753,242‌

CNY

16,600,000

China

Government

International

Bond

2

.880

11/05/23

2,503,869‌

CNY

5,000,000

China

Government

International

Bond

3

.270

11/19/30

769,076‌

CNY

3,300,000

China

Government

International

Bond

3

.810

09/14/50

532,456‌

4,275,000

Colombia

Government

International

Bond

3

.250

04/22/32

3,089,055‌

1,300,000

Colombia

Government

International

Bond

5

.000

06/15/45

868,790‌

3,000,000

g

Corp

Financiera

de

Desarrollo

S.A.

2

.400

09/28/27

2,527,500‌

3,460,000

g

Costa

Rica

Government

International

Bond

5

.625

04/30/43

2,587,589‌

1,750,000

g

Development

Bank

of

Japan,

Inc

0

.500

03/04/24

1,673,044‌

DOP

90,000,000

g

Dominican

Republic

Government

International

Bond

9

.750

06/05/26

1,602,379‌

DOP

120,000,000

g

Dominican

Republic

Government

International

Bond

12

.000

03/05/32

2,226,159‌

2,250,000

g

Dominican

Republic

Government

International

Bond

4

.875

09/23/32

1,731,233‌

3,725,000

g

Dominican

Republic

Government

International

Bond

6

.500

02/15/48

2,812,375‌

1,295,000

g

Dominican

Republic

International

Bond

5

.500

02/22/29

1,125,666‌

990,000

g

Dominican

Republic

International

Bond

5

.300

01/21/41

685,864‌

143,196

g

Ecuador

Government

International

Bond

0

.000

07/31/30

59,128‌

857,325

g

Ecuador

Government

International

Bond

(Step

Bond)

5

.000

07/31/30

551,922‌

956,102

g

Ecuador

Government

International

Bond

(Step

Bond)

1

.000

07/31/35

460,894‌

1,150,000

g

Egypt

Government

International

Bond

7

.600

03/01/29

836,489‌

EUR

3,000,000

g

Egypt

Government

International

Bond

5

.625

04/16/30

1,944,572‌

1,500,000

g

Egypt

Government

International

Bond

7

.053

01/15/32

972,318‌

1,050,000

g

Egypt

Government

International

Bond

8

.500

01/31/47

619,899‌

1,875,000

g

Egypt

Government

International

Bond

8

.875

05/29/50

1,135,050‌

450,000

g

El

Salvador

Government

International

Bond

6

.375

01/18/27

150,309‌

1,200,000

g

El

Salvador

Government

International

Bond

7

.625

02/01/41

373,729‌

1,070,000

g

El

Salvador

Government

International

Bond

7

.125

01/20/50

331,773‌

395,000

European

Investment

Bank

4

.875

02/15/36

461,005‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

172

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

4,400,000

g

Export-Import

Bank

of

India

3

.875

%

02/01/28

$

4,212,520‌

1,900,000

g

Export-Import

Bank

of

India

2

.250

01/13/31

1,495,750‌

2,200,000

Export-Import

Bank

of

Korea

0

.750

09/21/25

2,013,341‌

3,200,000

Export-Import

Bank

of

Korea

1

.250

09/21/30

2,636,119‌

950,000

g

Ghana

Government

International

Bond

8

.125

03/26/32

456,019‌

1,500,000

g

Ghana

Government

International

Bond

8

.627

06/16/49

701,250‌

1,700,000

g

Guatemala

Government

Bond

3

.700

10/07/33

1,305,771‌

245,000

g

Guatemala

Government

International

Bond

6

.125

06/01/50

205,333‌

EUR

1,750,000

g

Hellenic

Republic

Government

International

Bond

1

.875

07/23/26

1,773,834‌

1,350,000

g

Honduras

Government

International

Bond

6

.250

01/19/27

1,055,031‌

875,000

g

Hungary

Government

International

Bond

5

.250

06/16/29

872,924‌

575,000

g

Hungary

Government

International

Bond

2

.125

09/22/31

444,380‌

500,000

Indonesia

Government

International

Bond

3

.550

03/31/32

454,937‌

IDR

28,000,000,000

Indonesia

Treasury

Bond

7

.000

09/15/30

1,862,594‌

IDR

25,500,000,000

Indonesia

Treasury

Bond

7

.500

08/15/32

1,720,508‌

1,747,500

g

Iraq

Government

International

Bond

5

.800

01/15/28

1,568,238‌

EUR

125,000

g

Ivory

Coast

Government

International

Bond

4

.875

01/30/32

93,796‌

770,000

g

Ivory

Coast

Government

International

Bond

6

.125

06/15/33

603,110‌

1,097,154

g

Ivory

Coast

Government

International

Bond

(Step

Bond)

5

.750

12/31/32

946,830‌

710,000

Jamaica

Government

International

Bond

6

.750

04/28/28

731,038‌

3,050,000

Jamaica

Government

International

Bond

7

.875

07/28/45

3,197,243‌

1,500,000

g

Japan

Finance

Organization

for

Municipalities

3

.000

03/12/24

1,491,498‌

1,750,000

g

Jordan

Government

International

Bond

4

.950

07/07/25

1,579,731‌

2,060,000

g

Jordan

Government

International

Bond

5

.850

07/07/30

1,629,404‌

1,375,000

g

Kenya

Government

International

Bond

7

.000

05/22/27

1,024,987‌

1,000,000

g

Kenya

Government

International

Bond

8

.000

05/22/32

707,991‌

1,490,000

g

Kenya

Government

International

Bond

6

.300

01/23/34

927,000‌

2,000,000

g

Kommunalbanken

AS.

1

.125

06/14/30

1,698,073‌

3,175,000

g

Korea

Electric

Power

Corp

1

.125

06/15/25

2,939,447‌

2,250,000

g

Korea

Electric

Power

Corp

4

.000

06/14/27

2,250,102‌

1,700,000

g

Korea

Housing

Finance

Corp

3

.000

10/31/22

1,699,575‌

3,000,000

g

Korea

Hydro

&

Nuclear

Power

Co

Ltd

1

.250

04/27/26

2,731,362‌

MYR

7,600,000

Malaysia

Government

Bond

3

.828

07/05/34

1,593,573‌

MXN

27,200,000

Mexican

Bonos

5

.750

03/05/26

1,202,822‌

MXN

24,500,000

Mexican

Bonos

8

.500

11/18/38

1,155,147‌

900,000

e

Mexico

Government

International

Bond

3

.250

04/16/30

791,976‌

3,424,000

Mexico

Government

International

Bond

6

.050

01/11/40

3,363,443‌

4,000,000

Mexico

Government

International

Bond

4

.280

08/14/41

3,161,339‌

2,025,000

Mexico

Government

International

Bond

4

.750

03/08/44

1,682,765‌

500,000

g

Mongolia

Government

International

Bond

5

.125

04/07/26

448,166‌

1,710,000

e,g

Mongolia

Government

International

Bond

4

.450

07/07/31

1,304,480‌

1,760,000

g

Morocco

Government

International

Bond

3

.000

12/15/32

1,207,705‌

2,825,000

g

Morocco

Government

International

Bond

5

.500

12/11/42

2,047,618‌

525,000

g

Morocco

Government

International

Bond

4

.000

12/15/50

306,492‌

2,500,000

g

Namibia

Government

International

Bond

5

.250

10/29/25

2,220,087‌

425,000

g

Nigeria

Government

International

Bond

6

.500

11/28/27

323,327‌

1,000,000

g,k

Nigeria

Government

International

Bond

8

.375

03/24/29

758,750‌

345,000

g

Nigeria

Government

International

Bond

7

.875

02/16/32

239,952‌

400,000

g

Oman

Government

International

Bond

6

.750

10/28/27

408,113‌

2,090,000

g

Oman

Government

International

Bond

6

.000

08/01/29

2,013,442‌

1,500,000

g

Oman

Government

International

Bond

6

.250

01/25/31

1,448,898‌

400,000

g

Oman

Sovereign

Sukuk

Co

4

.875

06/15/30

388,029‌

1,500,000

e,g

Pakistan

Global

Sukuk

Programme

Co

Ltd

7

.950

01/31/29

1,297,992‌

970,000

g

Pakistan

Government

International

Bond

6

.875

12/05/27

659,357‌

2,645,000

Panama

Bonos

del

Tesoro

3

.362

06/30/31

2,324,955‌

3,225,000

Panama

Notas

del

Tesoro

3

.750

04/17/26

3,128,250‌

475,000

g

Paraguay

Government

International

Bond

4

.700

03/27/27

454,989‌

1,275,000

g

Paraguay

Government

International

Bond

5

.400

03/30/50

988,194‌

1,435,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

2

.550

06/09/31

1,218,315‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

173

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

1,200,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

4

.700

%

06/06/32

$

1,179,324‌

1,315,000

Peruvian

Government

International

Bond

3

.000

01/15/34

1,078,701‌

1,320,000

k

Philippine

Government

International

Bond

4

.200

03/29/47

1,150,782‌

620,000

Province

of

Quebec

Canada

7

.500

09/15/29

771,808‌

1,500,000

g

Provincia

de

Mendoza

Argentina

(Step

Bond)

4

.250

03/19/29

960,843‌

2,300,000

g

Qatar

Government

International

Bond

4

.400

04/16/50

2,195,444‌

475,000

g

Republic

of

Azerbaijan

Government

International

Bond

5

.125

09/01/29

422,092‌

GHS

14,700,000

Republic

of

Ghana

Government

International

Bond

16

.500

02/06/23

1,731,461‌

5,000,000

Republic

of

Italy

Government

International

Bond

4

.000

10/17/49

4,134,657‌

2,200,000

g

Republic

of

Paraguay

6

.100

08/11/44

1,912,286‌

UZS

7,990,000,000

g

Republic

of

Uzbekistan

Bond

14

.500

11/25/23

715,182‌

410,000

g

Republic

of

Uzbekistan

Government

International

Bond

5

.375

02/20/29

361,060‌

2,150,000

g

Republic

of

Uzbekistan

International

Bond

4

.750

02/20/24

2,050,175‌

UZS

7,600,000,000

g

Republic

of

Uzbekistan

International

Bond

14

.000

07/19/24

670,021‌

2,000,000

g

Romanian

Government

International

Bond

3

.000

02/14/31

1,540,471‌

1,425,000

g

Romanian

Government

International

Bond

4

.000

02/14/51

927,305‌

RUB

147,000,000

†

Russian

Federal

Bond-OFZ

6

.000

10/06/27

227,182‌

1,600,000

†,g

Russian

Foreign

Bond

-

Eurobond

5

.100

03/28/35

400,000‌

3,825,000

g

Rwanda

International

Government

Bond

5

.500

08/09/31

2,985,694‌

2,900,000

g

Saudi

Government

International

Bond

4

.500

04/17/30

2,961,513‌

2,810,000

g

Saudi

Government

International

Bond

3

.750

01/21/55

2,302,636‌

1,225,000

g

Serbia

International

Bond

2

.125

12/01/30

899,095‌

RSD

290,000,000

Serbia

Treasury

Bonds

5

.875

02/08/28

2,420,800‌

2,000,000

South

Africa

Government

International

Bond

5

.875

09/16/25

1,979,101‌

ZAR

22,300,000

South

Africa

Government

International

Bond

7

.000

02/28/31

1,079,626‌

ZAR

23,400,000

South

Africa

Government

International

Bond

8

.750

01/31/44

1,118,018‌

2,895,000

South

Africa

Government

International

Bond

5

.375

07/24/44

1,965,086‌

2,900,000

g

Southern

Gas

Corridor

CJSC

6

.875

03/24/26

2,848,154‌

1,110,000

State

of

Israel

3

.800

05/13/60

923,032‌

THB

24,600,000

Thailand

Government

International

Bond

2

.875

12/17/28

705,326‌

THB

24,500,000

Thailand

Government

International

Bond

3

.300

06/17/38

666,861‌

3,000,000

g

Turkiye

Ihracat

Kredi

Bankasi

AS.

5

.750

07/06/26

2,503,750‌

1,225,000

g

Ukraine

Government

International

Bond

9

.750

11/01/28

300,125‌

EUR

850,000

g

Ukraine

Government

International

Bond

4

.375

01/27/30

213,782‌

150,000

Uruguay

Government

International

Bond

4

.375

01/23/31

151,547‌

575,000

Uruguay

Government

International

Bond

4

.125

11/20/45

528,484‌

1,200,000

g

Zambia

Government

International

Bond

8

.500

04/14/24

719,952‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

197,134,766‌

MORTGAGE

BACKED

-

20

.9

%

12,030,000

g,i

Connecticut

Avenue

Securities

Trust

2

.826

12/25/41

10,837,341‌

5,000,000

g,i

Connecticut

Avenue

Securities

Trust

5

.426

01/25/42

4,382,933‌

12,630,000

g,i

Connecticut

Avenue

Securities

Trust

4

.026

03/25/42

11,810,169‌

24,530,000

g,i

Connecticut

Avenue

Securities

Trust

4

.798

05/25/42

23,855,717‌

13,090,000

g,i

Fannie

CAS

5

.576

06/25/42

13,139,087‌

2,231,530

i

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

LIBOR

1

M

+

5.920%

4

.596

03/15/44

277,328‌

7,522,624

FHLMC

4

.000

10/01/47

7,560,419‌

3,530,234

i

FHLMC

LIBOR

1

M

+

9.920%

7

.802

06/15/48

3,615,741‌

16,830

FHLMC

4

.000

07/01/48

16,868‌

3,796,211

i

FHLMC

LIBOR

1

M

+

9.840%

7

.722

10/15/48

3,786,617‌

21,114,384

FHLMC

4

.000

09/01/49

21,139,762‌

12,244,158

FHLMC

2

.000

09/25/50

1,443,417‌

23,621,188

FHLMC

2

.500

02/25/51

3,805,170‌

6,525,277

FHLMC

3

.000

09/01/51

6,242,420‌

26,770,655

FHLMC

3

.000

11/01/51

25,319,429‌

4,839,737

FHLMC

3

.000

11/01/51

4,550,021‌

3,877,100

FHLMC

3

.000

11/01/51

3,665,721‌

2,570,483

FHLMC

3

.000

11/01/51

2,444,522‌

36,682,588

FHLMC

2

.000

02/01/52

31,978,069‌

40,772,169

FHLMC

2

.500

02/01/52

36,831,851‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

174

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

44,194,779

FHLMC

2

.500

%

03/01/52

$

39,916,343‌

34,032,574

FHLMC

2

.500

03/01/52

30,753,716‌

4,878,274

FHLMC

3

.000

04/01/52

4,559,525‌

236

Federal

Home

Loan

Mortgage

Corp

Gold

(FGLMC)

8

.000

01/01/31

238‌

6,883

FGLMC

8

.000

09/01/31

7,298‌

64,135

FGLMC

7

.000

12/01/31

67,865‌

39,856

FGLMC

4

.500

07/01/33

41,024‌

290,035

FGLMC

7

.000

12/01/33

312,268‌

90,611

FGLMC

4

.500

04/01/35

93,278‌

82,847

FGLMC

7

.000

05/01/35

88,268‌

1,565,864

FGLMC

5

.000

06/01/36

1,649,004‌

59,510

FGLMC

5

.000

07/01/39

62,710‌

1,345,552

FGLMC

5

.000

08/01/44

1,418,076‌

82,928

FGLMC

4

.500

11/01/44

84,769‌

121,225

FGLMC

4

.500

11/01/44

124,643‌

66,347

FGLMC

4

.500

12/01/44

68,053‌

101,436

FGLMC

4

.500

12/01/44

104,299‌

584,167

FGLMC

3

.500

04/01/45

574,413‌

12,488,154

FGLMC

3

.500

08/01/45

12,315,547‌

13,354,520

FGLMC

3

.500

10/01/45

13,091,524‌

2,700,504

FGLMC

4

.000

12/01/45

2,728,862‌

4,691,436

FGLMC

4

.500

06/01/47

4,856,962‌

3,449,378

FGLMC

4

.000

09/01/47

3,473,509‌

4,026,256

FGLMC

3

.500

12/01/47

3,940,315‌

1,910,698

FGLMC

4

.000

07/01/48

1,916,804‌

9,655,790

FGLMC

4

.500

08/01/48

9,863,996‌

56

Federal

National

Mortgage

Association

(FNMA)

8

.000

07/01/24

58‌

101

FNMA

7

.500

01/01/29

106‌

779

FNMA

7

.500

03/01/31

847‌

920,313

FNMA

3

.500

05/01/32

922,578‌

46,595,000

h

FNMA

2

.500

07/25/32

44,493,523‌

2,487,396

FNMA

3

.000

10/01/32

2,465,403‌

607,316

FNMA

3

.500

11/01/32

610,254‌

574,796

FNMA

5

.000

05/01/35

604,354‌

447,281

FNMA

5

.000

10/01/35

470,585‌

231,163

FNMA

5

.000

02/01/36

243,300‌

37,955,000

h

FNMA

3

.000

07/25/37

37,082,277‌

13,125,000

h

FNMA

3

.500

07/25/37

13,042,823‌

312,881

FNMA

5

.500

11/01/38

336,124‌

191,693

FNMA

5

.500

03/01/39

205,470‌

3,328,718

FNMA

3

.000

10/01/39

3,167,582‌

1,559,731

FNMA

3

.000

05/01/40

1,485,595‌

362,075

FNMA

5

.000

09/01/40

381,076‌

208,368

FNMA

4

.000

02/01/41

210,741‌

409,451

FNMA

5

.000

05/01/41

431,028‌

24,116,584

FNMA

2

.000

03/01/42

21,438,720‌

5,739,920

FNMA

4

.000

09/01/42

5,765,997‌

711,717

FNMA

3

.500

04/01/43

699,390‌

619,761

FNMA

3

.500

09/01/43

610,190‌

2,796,418

i

FNMA

LIBOR

1

M

+

5.950%

4

.326

09/25/43

384,939‌

1,909,956

FNMA

4

.000

01/01/44

1,928,321‌

1,957,053

FNMA

4

.500

03/01/44

2,016,834‌

502,771

FNMA

4

.500

06/01/44

516,416‌

2,366,638

FNMA

4

.500

06/01/44

2,430,356‌

440,699

FNMA

3

.500

07/01/44

433,076‌

1,439,185

FNMA

4

.500

08/01/44

1,477,612‌

2,018,643

FNMA

4

.500

10/01/44

2,073,099‌

1,369,446

FNMA

4

.500

11/01/44

1,401,552‌

1,289,769

FNMA

5

.000

11/01/44

1,357,474‌

371,855

FNMA

4

.500

12/01/44

381,886‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

175

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

1,243,387

FNMA

4

.000

%

01/01/45

$

1,248,983‌

1,492,740

FNMA

3

.500

05/01/45

1,470,763‌

3,058,220

FNMA

4

.000

12/01/45

3,079,758‌

3,045,744

FNMA

3

.500

01/01/46

2,978,100‌

2,647,911

FNMA

4

.000

01/01/46

2,666,606‌

1,321,583

FNMA

4

.000

04/01/46

1,327,572‌

2,214,522

FNMA

3

.500

06/01/46

2,165,363‌

4,804,815

FNMA

3

.500

07/01/46

4,698,133‌

10,538,038

FNMA

3

.500

07/01/46

10,355,771‌

1,666,899

FNMA

3

.000

10/01/46

1,542,991‌

1,395,707

FNMA

3

.500

10/01/46

1,364,735‌

2,336,234

FNMA

4

.500

05/01/47

2,411,059‌

755,045

FNMA

3

.000

11/01/47

699,340‌

5,164,874

FNMA

3

.500

11/01/47

5,075,591‌

13,383,408

FNMA

4

.000

12/01/47

13,413,372‌

7,074,474

FNMA

3

.500

01/01/48

6,917,667‌

2,757,618

FNMA

4

.500

01/01/48

2,814,164‌

1,095,454

FNMA

4

.500

02/01/48

1,117,919‌

2,075,075

FNMA

4

.000

03/01/48

2,079,723‌

4,427,300

FNMA

4

.500

03/01/48

4,518,064‌

1,909,368

FNMA

4

.500

05/01/48

1,949,583‌

1,454,059

FNMA

4

.500

05/01/48

1,485,121‌

2,757,669

FNMA

4

.000

06/01/48

2,765,603‌

2,049,558

FNMA

5

.000

08/01/48

2,139,673‌

23,945

FNMA

3

.000

05/01/49

22,170‌

231,624

FNMA

3

.000

06/01/49

214,248‌

3,315,979

FNMA

4

.500

06/01/49

3,362,399‌

91,500,000

h

FNMA

4

.000

07/25/49

90,225,791‌

80,500,000

h

FNMA

4

.500

07/25/49

80,805,019‌

18,885,466

FNMA

3

.000

07/01/50

17,757,952‌

7,206,903

FNMA

2

.000

08/25/50

1,018,282‌

21,116,514

FNMA

2

.500

11/25/50

3,056,212‌

6,998,177

FNMA

3

.000

02/25/51

1,405,250‌

83,838,093

FNMA

2

.000

04/01/51

72,875,385‌

6,836,064

FNMA

3

.500

08/01/51

6,624,402‌

5,051,269

FNMA

3

.000

09/01/51

4,757,718‌

10,867,961

FNMA

2

.500

11/25/51

1,557,624‌

43,994,295

FNMA

2

.000

12/01/51

38,352,531‌

4,859,405

FNMA

2

.000

01/01/52

4,247,509‌

18,554,641

FNMA

2

.500

01/01/52

16,758,419‌

1,439,252

FNMA

3

.000

01/01/52

1,348,576‌

34,760,529

FNMA

2

.000

02/01/52

30,302,314‌

61,152,541

FNMA

2

.500

02/01/52

55,220,852‌

29,119,706

FNMA

2

.500

02/01/52

26,314,120‌

36,505,915

FNMA

2

.500

02/01/52

32,956,231‌

30,334,476

FNMA

2

.500

02/01/52

27,380,410‌

11,801,508

FNMA

3

.500

02/01/52

11,440,220‌

5,622,053

FNMA

2

.000

03/01/52

4,885,023‌

6,649,774

FNMA

2

.500

04/01/52

5,999,801‌

5,511,073

FNMA

3

.000

04/01/52

5,152,612‌

44,634,246

FNMA

3

.000

04/01/52

41,751,045‌

7,273,404

FNMA

3

.000

04/01/52

6,795,973‌

77,957,581

FNMA

3

.000

04/01/52

72,941,045‌

43,824,250

FNMA

3

.000

04/01/52

40,993,397‌

27,768,714

FNMA

3

.500

05/01/52

26,760,738‌

41,609,242

FNMA

4

.000

05/01/52

41,079,540‌

6,427,397

FNMA

4

.000

06/01/52

6,345,571‌

7,180,000

h

FNMA

4

.000

07/01/52

7,089,658‌

52,570,000

h

FNMA

3

.500

07/25/52

50,553,448‌

94,390,000

h

FNMA

5

.000

07/25/52

96,336,794‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

176

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

25,000,000

h

FNMA

5

.000

%

08/25/52

$

25,441,894‌

44,100,000

h

FNMA

5

.500

08/25/52

45,643,500‌

4,250,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.326

10/25/41

3,635,461‌

3,831,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.426

03/25/42

3,658,353‌

27,455,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.276

05/25/42

26,101,317‌

5,137,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.226

08/25/33

4,855,960‌

7,070,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.700

11/25/41

6,047,657‌

26,600,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.326

02/25/42

24,542,998‌

26,700,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

5

.279

06/25/42

26,834,119‌

27,611

Government

National

Mortgage

Association

(GNMA)

6

.500

11/20/38

30,246‌

247,832

GNMA

5

.000

06/15/39

261,220‌

931,098

GNMA

4

.500

12/20/45

964,604‌

1,942,430

GNMA

4

.000

06/20/46

263,689‌

24,125,000

h

GNMA

3

.000

07/20/47

22,739,697‌

51,810,170

GNMA

2

.500

05/20/52

47,476,740‌

80,894,217

GNMA

3

.000

05/20/52

76,361,328‌

23,510,000

h

GNMA

2

.000

07/20/52

20,874,309‌

20,215,000

h

GNMA

2

.500

07/20/52

18,496,725‌

45,000,000

h

GNMA

3

.500

07/20/52

43,720,313‌

15,000,000

h

GNMA

4

.000

07/20/52

14,934,082‌

21,750,000

h

GNMA

4

.500

07/20/52

22,069,453‌

9,106,735

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

7,603,122‌

9,487,610

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

8,642,818‌

9,050,328

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

05/01/52

8,163,323‌

8,762,928

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

08/26/52

7,620,666‌

6,600,000

†,g,i

J.P.

Morgan

Mortgage

Trust

3

.000

12/25/52

5,694,304‌

13,808,843

g,i

JP

Morgan

Mortgage

Trust

2

.500

07/25/52

11,660,381‌

23,876,401

g,i

JP

Morgan

Mortgage

Trust

3

.250

07/25/52

21,017,300‌

15,132,643

g,i

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

13,326,108‌

8,850,047

g,i

JP

Morgan

Mortgage

Trust

3

.000

10/25/52

7,728,923‌

5,750,306

g,i

JP

Morgan

Mortgage

Trust

3

.000

11/25/52

4,985,918‌

TOTAL

MORTGAGE

BACKED

2,044,255,958‌

MUNICIPAL

BONDS

-

1

.5

%

5,440,000

Alabama

Economic

Settlement

Authority

3

.163

09/15/25

5,404,581‌

990,000

Chicago

Housing

Authority

3

.682

01/01/25

986,841‌

380,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

3

.028

09/01/23

378,385‌

550,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

4

.038

09/01/34

531,066‌

4,945,000

City

of

New

York

NY

3

.200

12/01/26

4,832,038‌

2,215,000

Commonwealth

Financing

Authority

3

.864

06/01/38

2,112,319‌

1,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

2

.218

10/01/22

1,499,194‌

2,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

3

.285

10/01/23

2,492,001‌

3,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

2

.504

10/01/24

3,397,355‌

2,250,000

County

of

Miami-Dade

FL

Aviation

Revenue

3

.405

10/01/24

2,227,062‌

3,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

2

.604

10/01/25

3,356,869‌

2,380,000

County

of

Miami-Dade

FL

Aviation

Revenue

3

.505

10/01/25

2,347,231‌

2,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

2

.704

10/01/26

2,368,017‌

2,000,000

County

of

Miami-Dade

FL

Aviation

Revenue

3

.049

10/01/26

1,921,021‌

3,750,000

County

of

Miami-Dade

FL

Aviation

Revenue

3

.612

10/01/26

3,683,327‌

470,000

County

of

Miami-Dade

FL

Aviation

Revenue

4

.280

10/01/41

438,584‌

4,265,000

Denver

City

&

County

School

District

No.

1

3

.598

12/15/27

4,196,557‌

1,000,000

Los

Angeles

County

Redevelopment

Agency

2

.000

09/01/22

999,449‌

4,805,000

Los

Angeles

County

Redevelopment

Refunding

Authority

Redev

Agency

Successor

Agy

3

.375

09/01/35

4,180,611‌

6,650,000

Michigan

Finance

Authority

2

.988

09/01/49

6,585,604‌

3,400,000

New

Jersey

Economic

Development

Authority

7

.425

02/15/29

3,819,795‌

4,075,000

New

York

State

Dormitory

Authority

4

.294

07/01/44

3,814,810‌

810,000

Oklahoma

City

Economic

Development

Trust

3

.440

09/01/24

812,036‌

2,000,000

Port

of

Seattle

WA

3

.471

05/01/31

1,875,698‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

177

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

1,625,000

Port

of

Seattle

WA

3

.571

%

05/01/32

$

1,522,648‌

1,000,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

2

.037

05/15/23

990,180‌

1,000,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

2

.259

05/15/24

977,853‌

1,250,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

2

.359

05/15/25

1,206,734‌

1,785,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

2

.459

05/15/26

1,703,934‌

1,600,000

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

2

.559

05/15/27

1,509,712‌

3,980,000

Rhode

Island

Convention

Center

Authority

3

.195

05/15/26

3,877,095‌

875,000

San

Francisco

City

&

County

Redevelopment

Agency

3

.113

08/01/22

875,545‌

6,365,000

San

Jose

Redevelopment

Agency

3

.375

08/01/34

5,801,554‌

660,000

Santa

Ana

Community

Redevelopment

Agency

Successor

Agency

3

.567

09/01/23

662,903‌

13,060,000

State

of

California

4

.600

04/01/38

13,205,565‌

21,060,000

State

of

Illinois

5

.100

06/01/33

21,188,245‌

9,900,000

State

of

Wisconsin

3

.154

05/01/27

9,679,701‌

1,763,000

State

Public

School

Building

Authority

5

.000

09/15/27

1,831,301‌

7,500,000

Texas

A&M

University

3

.993

05/15/37

7,345,727‌

2,000,000

University

of

California

2

.439

05/15/24

1,961,077‌

2,000,000

University

of

California

2

.589

05/15/25

1,941,573‌

TOTAL

MUNICIPAL

BONDS

140,541,798‌

U.S.

TREASURY

SECURITIES

-

20

.3

%

1,900,000

United

States

Treasury

Bond

4

.750

02/15/37

2,294,176‌

10,875,000

United

States

Treasury

Bond

3

.500

02/15/39

11,360,552‌

16,015,000

United

States

Treasury

Bond

3

.875

08/15/40

17,266,797‌

12,000,000

United

States

Treasury

Bond

3

.125

11/15/41

11,521,406‌

1,380,000

United

States

Treasury

Bond

2

.500

05/15/46

1,169,658‌

10,450,000

United

States

Treasury

Bond

3

.000

05/15/47

9,767,484‌

1,255,000

United

States

Treasury

Bond

2

.750

08/15/47

1,122,245‌

42,835,000

United

States

Treasury

Bond

2

.750

11/15/47

38,374,137‌

55,445,000

United

States

Treasury

Bond

3

.000

02/15/48

52,239,586‌

510,000

United

States

Treasury

Bond

3

.125

05/15/48

493,564‌

45,841,000

United

States

Treasury

Bond

3

.375

11/15/48

46,576,963‌

21,088,240

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.500

04/15/24

21,379,851‌

1,000,000

United

States

Treasury

Note

0

.125

05/31/23

975,234‌

330,000,000

United

States

Treasury

Note

0

.250

03/15/24

315,085,548‌

25,000,000

United

States

Treasury

Note

2

.250

03/31/24

24,685,547‌

280,795,000

e

United

States

Treasury

Note

2

.500

05/31/24

278,261,263‌

1,875,000

United

States

Treasury

Note

2

.875

06/15/25

1,867,529‌

8,150,000

United

States

Treasury

Note

0

.875

09/30/26

7,443,242‌

173,795,000

United

States

Treasury

Note

1

.250

12/31/26

160,638,176‌

48,443,000

United

States

Treasury

Note

2

.625

05/31/27

47,527,125‌

675,000

United

States

Treasury

Note

1

.000

07/31/28

596,980‌

218,000

United

States

Treasury

Note

1

.125

08/31/28

194,011‌

6,300,000

United

States

Treasury

Note

1

.375

10/31/28

5,680,090‌

56,290,000

United

States

Treasury

Note

2

.375

03/31/29

53,882,283‌

6,775,000

United

States

Treasury

Note

1

.250

08/15/31

5,832,322‌

133,785,000

United

States

Treasury

Note

2

.875

05/15/32

132,279,919‌

2,850,000

United

States

Treasury

Note

1

.875

02/15/41

2,235,135‌

4,507,000

United

States

Treasury

Note

1

.750

08/15/41

3,428,313‌

33,830,000

United

States

Treasury

Note

2

.000

11/15/41

26,868,420‌

383,024,100

United

States

Treasury

Note

2

.250

02/15/42

324,792,467‌

54,000,000

United

States

Treasury

Note

3

.250

05/15/42

52,700,625‌

296,517,000

United

States

Treasury

Note

2

.250

02/15/52

244,024,225‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

178

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

88,500,000

United

States

Treasury

Note

2

.875

%

05/15/52

$

83,591,016‌

TOTAL

U.S.

TREASURY

SECURITIES

1,986,155,889‌

TOTAL

GOVERNMENT

BONDS

4,378,797,711‌

(Cost

$4,590,304,233)

STRUCTURED

ASSETS

-

16.1%

ASSET

BACKED

-

6

.1

%

950,000

g

Affirm

Asset

Securitization

Trust

1

.660

08/15/25

908,476‌

Series

-

2021

A

(Class

C)

4,000,000

g,i

AGL

CLO

19

Ltd

0

.000

07/21/35

3,948,400‌

Series

-

2022

19A

(Class

B1)

3,375,000

g,i

AIMCO

CLO

16

Ltd

LIBOR

3

M

+

1.650%

1

.895

01/17/35

3,159,250‌

Series

-

2021

16A

(Class

B)

10,000,000

g,i

AIMCO

CLO

Series

LIBOR

3

M

+

1.050%

2

.113

04/20/34

9,593,180‌

Series

-

2017

AA

(Class

AR)

10,000,000

g,i

AIMCO

CLO

Series

LIBOR

3

M

+

1.500%

2

.563

04/20/34

9,317,130‌

Series

-

2017

AA

(Class

BR)

284,178

American

Airlines

Pass

Through

Trust

3

.575

01/15/28

263,770‌

Series

-

2016

1

(Class

AA)

1,000,000

AmeriCredit

Automobile

Receivables

Trust

2

.130

03/18/26

962,606‌

Series

-

2020

2

(Class

D)

17,000,000

AmeriCredit

Automobile

Receivables

Trust

1

.210

12/18/26

15,897,978‌

Series

-

2021

1

(Class

D)

1,233,816

g

AMSR

Trust

1

.819

04/17/37

1,170,633‌

Series

-

2020

SFR1

(Class

A)

2,000,000

g

AMSR

Trust

3

.148

01/19/39

1,875,238‌

Series

-

2019

SFR1

(Class

C)

1,865,000

g

AMSR

Trust

3

.247

01/19/39

1,730,954‌

Series

-

2019

SFR1

(Class

D)

8,033,888

g

Apollo

aviation

securitization

2

.798

01/15/47

6,851,249‌

Series

-

2021

2A

(Class

A)

2,722,500

g

Applebee's

Funding

LLC

4

.194

06/05/49

2,641,130‌

Series

-

2019

1A

(Class

A2I)

55,677

†,g

Asset

Backed

Funding

Corp

NIM

Trust

5

.900

07/26/35

1‌

Series

-

2005

WMC1

(Class

N1)

3,000,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

3

.070

09/20/23

3,001,975‌

Series

-

2017

1A

(Class

A)

8,500,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

2

.970

03/20/24

8,472,998‌

Series

-

2017

2A

(Class

A)

1,181,200

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

2

.020

02/20/27

1,084,918‌

Series

-

2020

2A

(Class

A)

6,800,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

1

.630

08/20/27

6,001,628‌

Series

-

2021

1A

(Class

B)

3,100,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

2

.130

08/20/27

2,723,638‌

Series

-

2021

1A

(Class

C)

1,500,000

g,i

Bonanza

RE

Ltd

U.S.

Treasury

Bill

3

M

+

4.750%

6

.448

12/23/24

1,478,250‌

Series

-

2020

A

(Class

)

1,113,388

g

BRE

Grand

Islander

Timeshare

Issuer

LLC

3

.280

09/26/33

1,070,220‌

Series

-

2019

A

(Class

A)

1,704,706

g

British

Airways

Pass

Through

Trust

3

.800

09/20/31

1,611,047‌

Series

-

2018

1

(Class

AA)

5,417,882

g

Capital

Automotive

REIT

2

.690

02/15/50

5,129,185‌

Series

-

2020

1A

(Class

A1)

3,922,990

g

Capital

Automotive

REIT

1

.440

08/15/51

3,458,516‌

Series

-

2021

1A

(Class

A1)

8,398,250

g

Capital

Automotive

REIT

1

.920

08/15/51

7,340,487‌

Series

-

2021

1A

(Class

A3)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

179

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

1,440,000

CarMax

Auto

Owner

Trust

1

.280

%

07/15/27

$

1,313,521‌

Series

-

2021

1

(Class

D)

5,811,500

g

Cars

Net

Lease

Mortgage

Notes

Series

2

.010

12/15/50

5,108,254‌

Series

-

2020

1A

(Class

A1)

9,925,000

g

Cars

Net

Lease

Mortgage

Notes

Series

3

.100

12/15/50

9,107,674‌

Series

-

2020

1A

(Class

A3)

2,500,000

Carvana

Auto

Receivables

Trust

1

.270

03/10/28

2,371,261‌

Series

-

2021

N2

(Class

D)

9,150,000

Carvana

Auto

Receivables

Trust

1

.720

09/11/28

8,744,688‌

Series

-

2021

N4

(Class

C)

3,340,000

g

Carvana

Auto

Receivables

Trust

4

.130

12/11/28

3,228,251‌

Series

-

2022

N1

(Class

D)

4,150,000

g,i

Cayuga

Park

CLO

Ltd

LIBOR

3

M

+

1.650%

1

.000

07/17/34

3,947,592‌

Series

-

2020

1A

(Class

B1R)

343,610

i

C-BASS

Trust

LIBOR

1

M

+

0.160%

1

.784

07/25/36

327,283‌

Series

-

2006

CB6

(Class

A1)

8,817,685

†,g,i

CBRE

Realty

Finance

LIBOR

3

M

+

0.300%

0

.520

04/07/52

22,044‌

Series

-

2007

1A

(Class

A2)

8,974,909

g

CF

Hippolyta

LLC

1

.690

07/15/60

8,132,488‌

Series

-

2020

1

(Class

A1)

2,708,875

g

CF

Hippolyta

LLC

1

.990

07/15/60

2,314,772‌

Series

-

2020

1

(Class

A2)

1,841,007

g

CF

Hippolyta

LLC

2

.280

07/15/60

1,651,428‌

Series

-

2020

1

(Class

B1)

7,105,000

Chase

Issuance

Trust

1

.530

01/15/25

7,051,221‌

Series

-

2020

A1

(Class

A1)

1,500,000

g,i

CIFC

Funding

Ltd

LIBOR

3

M

+

1.220%

2

.283

07/20/30

1,478,759‌

Series

-

2017

3A

(Class

A1)

5,855,000

g,i

CIFC

Funding

Ltd

LIBOR

3

M

+

1.600%

0

.000

10/20/34

5,552,478‌

Series

-

2020

2A

(Class

BR)

2,175,000

g,i

CIFC

Funding

Ltd

LIBOR

3

M

+

2.050%

3

.113

10/20/34

2,030,661‌

Series

-

2020

2A

(Class

CR)

5,625,000

g,i

CIFC

Funding

Ltd

LIBOR

3

M

+

1.650%

2

.694

07/15/36

5,349,263‌

Series

-

2020

1A

(Class

BR)

2,000,000

g,i

CIFC

Funding

Ltd

LIBOR

3

M

+

2.000%

3

.044

07/15/36

1,840,182‌

Series

-

2020

1A

(Class

CR)

15,379

CIT

Group

Home

Equity

Loan

Trust

(Step

Bond)

6

.200

02/25/30

14,919‌

Series

-

2002

1

(Class

AF6)

11,450,000

g

Cologix

Data

Centers

US

Issuer

LLC

3

.300

12/26/51

10,527,654‌

Series

-

2021

1A

(Class

A2)

641,887

g

Corevest

American

Finance

Trust

1

.832

03/15/50

609,197‌

Series

-

2020

1

(Class

A1)

1,094,063

g

DB

Master

Finance

LLC

4

.352

05/20/49

1,019,944‌

Series

-

2019

1A

(Class

A23)

16,915,000

g

DB

Master

Finance

LLC

2

.045

11/20/51

15,018,067‌

Series

-

2021

1A

(Class

A2I)

13,333,000

g

DB

Master

Finance

LLC

2

.493

11/20/51

11,485,633‌

Series

-

2021

1A

(Class

A2II)

1,148,511

g

Diamond

Resorts

Owner

Trust

2

.890

02/20/32

1,127,929‌

Series

-

2019

1A

(Class

A)

3,138,329

g

Diamond

Resorts

Owner

Trust

2

.050

11/21/33

2,940,048‌

Series

-

2021

1A

(Class

B)

3,300,000

i

Discover

Card

Execution

Note

Trust

LIBOR

1

M

+

0.360%

1

.684

10/15/22

3,301,296‌

Series

-

2017

A7

(Class

A7)

2,551,500

g

Domino's

Pizza

Master

Issuer

LLC

4

.474

10/25/45

2,539,003‌

Series

-

2015

1A

(Class

A2II)

2,316,000

g

Domino's

Pizza

Master

Issuer

LLC

4

.116

07/25/48

2,258,012‌

Series

-

2018

1A

(Class

A2I)

13,810,500

g

Domino's

Pizza

Master

Issuer

LLC

2

.662

04/25/51

12,037,770‌

Series

-

2021

1A

(Class

A2I)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

180

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

3,800,000

g,i

Dryden

49

Senior

Loan

Fund

LIBOR

3

M

+

1.600%

2

.644

%

07/18/30

$

3,662,109‌

Series

-

2017

49A

(Class

BR)

11,800,000

g

DT

Auto

Owner

Trust

1

.160

11/16/26

10,939,106‌

Series

-

2021

1A

(Class

D)

1,628,604

g,i

Ellington

Loan

Acquisition

Trust

LIBOR

1

M

+

1.100%

2

.724

05/25/37

1,617,328‌

Series

-

2007

2

(Class

A2C)

22,540,000

g

Flexential

Issuer,

LLC

3

.250

11/27/51

20,607,175‌

Series

-

2021

1A

(Class

A2)

18,579,499

g

FNA

VI

LLC

1

.350

01/10/32

17,352,338‌

Series

-

2021

1A

(Class

A)

11,000,000

g,i

GRACIE

POINT

INTERNATIONAL

FUNDING

2

.903

04/01/24

10,962,556‌

Series

-

2022

1A

(Class

A)

1,970,000

g

Hardee's

Funding

LLC

3

.981

12/20/50

1,788,989‌

Series

-

2020

1A

(Class

A2)

811,159

g

HERO

Funding

Trust

3

.190

09/20/48

774,775‌

Series

-

2017

3A

(Class

A1)

292,245

g

HERO

Funding

Trust

3

.280

09/20/48

282,854‌

Series

-

2017

2A

(Class

A1)

1,054,507

g

HERO

Funding

Trust

3

.950

09/20/48

1,023,278‌

Series

-

2017

3A

(Class

A2)

584,490

g

HERO

Funding

Trust

4

.070

09/20/48

568,033‌

Series

-

2017

2A

(Class

A2)

11,850,000

g

Hertz

Vehicle

Financing

LLC

1

.560

12/26/25

10,950,603‌

Series

-

2021

1A

(Class

B)

4,700,000

g

Hertz

Vehicle

Financing

LLC

4

.120

09/25/26

4,599,787‌

Series

-

2022

4A

(Class

B)

3,700,000

g

Hertz

Vehicle

Financing

LLC

4

.610

09/25/26

3,617,759‌

Series

-

2022

4A

(Class

C)

629,622

g

Hilton

Grand

Vacations

Trust

2

.660

12/26/28

620,512‌

Series

-

2017

AA

(Class

A)

472,217

g

Hilton

Grand

Vacations

Trust

2

.960

12/26/28

462,175‌

Series

-

2017

AA

(Class

B)

1,020,526

g

Hilton

Grand

Vacations

Trust

2

.340

07/25/33

976,026‌

Series

-

2019

AA

(Class

A)

87,700

i

Home

Equity

Asset

Trust

LIBOR

1

M

+

1.500%

3

.986

06/25/33

86,566‌

Series

-

2003

1

(Class

M1)

3,804,171

g

Horizon

Aircraft

Finance

II

Ltd

3

.721

07/15/39

3,366,121‌

Series

-

2019

1

(Class

A)

4,301,295

g

Horizon

Aircraft

Finance

III

Ltd

3

.425

11/15/39

3,727,307‌

Series

-

2019

2

(Class

A)

3,450,000

g

Hpefs

Equipment

Trust

4

.430

09/20/29

3,426,976‌

Series

-

2022

2A

(Class

C)

3,750,000

†,g

Industrial

DPR

Funding

Ltd

5

.380

04/15/34

3,653,625‌

Series

-

2022

1A

(Class

1)

799,963

g,i

Invitation

Homes

Trust

LIBOR

1

M

+

1.250%

2

.773

01/17/38

791,901‌

Series

-

2018

SFR4

(Class

B)

5,250,000

g,i

La

Vie

Re

Ltd

LIBOR

3

M

+

2.850%

3

.784

10/06/23

5,145,000‌

Series

-

2020

A

(Class

)

7,750,000

g,i

Madison

Park

Funding

LIX

Ltd

LIBOR

3

M

+

2.100%

2

.345

01/18/34

7,274,638‌

Series

-

2021

59A

(Class

C)

530,000

g,i

Magnetite

XVIII

Ltd

LIBOR

3

M

+

1.500%

2

.911

11/15/28

513,786‌

Series

-

2016

18A

(Class

BR)

2,630,835

g

MAPS

Trust

2

.521

06/15/46

2,282,899‌

Series

-

2021

1A

(Class

A)

2,700,000

g,i

Massachusetts

St

LIBOR

3

M

+

1.650%

1

.882

01/15/35

2,552,642‌

Series

-

2021

3A

(Class

B)

5,250,000

g,i

MSCG

Trust

3

.577

06/07/35

4,545,642‌

Series

-

2015

ALDR

(Class

C)

1,750,000

g,i

MSCG

Trust

3

.577

06/07/35

1,444,624‌

Series

-

2015

ALDR

(Class

D)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

181

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

1,579,952

g

MVW

LLC

1

.830

%

05/20/39

$

1,441,082‌

Series

-

2021

2A

(Class

B)

3,532,419

g

MVW

LLC

1

.440

01/22/41

3,202,225‌

Series

-

2021

1WA

(Class

B)

2,225,424

g

MVW

LLC

1

.940

01/22/41

2,042,468‌

Series

-

2021

1WA

(Class

C)

1,744,704

g

MVW

Owner

Trust

3

.000

11/20/36

1,662,312‌

Series

-

2019

1A

(Class

B)

2,220,467

g

Navient

Private

Education

Refi

Loan

Trust

1

.310

01/15/69

2,069,569‌

Series

-

2020

HA

(Class

A)

1,679,161

g

Navient

Student

Loan

Trust

3

.390

12/15/59

1,624,389‌

Series

-

2019

BA

(Class

A2A)

16,000,000

g,i

Neuberger

Berman

Loan

Advisers

CLO

31

Ltd

LIBOR

3

M

+

1.550%

2

.613

04/20/31

15,240,496‌

Series

-

2019

31A

(Class

BR)

6,750,000

g,i

Neuberger

Berman

Loan

Advisers

Clo

40

Ltd

LIBOR

3

M

+

1.400%

2

.444

04/16/33

6,390,063‌

Series

-

2021

40A

(Class

B)

5,537,117

g

Oak

Street

Investment

Grade

Net

Lease

Fund

Series

1

.480

01/20/51

4,991,730‌

Series

-

2021

1A

(Class

A1)

4,950,039

g

Oak

Street

Investment

Grade

Net

Lease

Fund

Series

2

.380

11/20/51

4,482,613‌

Series

-

2021

2A

(Class

A1)

5,450,000

g,i

OHA

Credit

Funding

10

Ltd

LIBOR

3

M

+

1.650%

1

.896

01/18/36

5,175,767‌

Series

-

2021

10A

(Class

B)

8,084,268

g

OneMain

Financial

Issuance

Trust

3

.840

05/14/32

8,061,215‌

Series

-

2020

1A

(Class

A)

10,000,000

g

OneMain

Financial

Issuance

Trust

1

.750

09/14/35

8,904,849‌

Series

-

2020

2A

(Class

A)

7,250,000

g

Oportun

Funding

XIV

LLC

1

.210

03/08/28

6,785,759‌

Series

-

2021

A

(Class

A)

3,515,000

g

Oportun

Issuance

Trust

1

.960

05/08/31

3,227,858‌

Series

-

2021

B

(Class

B)

552,151

g

Orange

Lake

Timeshare

Trust

3

.100

11/08/30

540,538‌

Series

-

2018

A

(Class

A)

5,300,000

g

PFS

Financing

Corp

1

.270

06/15/25

5,150,897‌

Series

-

2020

A

(Class

A)

2,500,000

g

PFS

Financing

Corp

1

.000

10/15/25

2,404,447‌

Series

-

2020

E

(Class

A)

3,688,000

g

PFS

Financing

Corp

0

.970

02/15/26

3,501,128‌

Series

-

2020

G

(Class

A)

3,000,000

g

PFS

Financing

Corp

0

.710

04/15/26

2,808,981‌

Series

-

2021

A

(Class

A)

6,750,000

g

PFS

Financing

Corp

0

.960

04/15/26

6,318,232‌

Series

-

2021

A

(Class

B)

5,180,000

g

Progress

Residential

Trust

2

.082

10/17/38

4,460,208‌

Series

-

2021

SFR8

(Class

D)

1,500,000

g

Progress

Residential

Trust

2

.711

11/17/40

1,242,238‌

Series

-

2021

SFR9

(Class

D)

1,500,000

g

Purchasing

Power

Funding

LLC

1

.570

10/15/25

1,438,043‌

Series

-

2021

A

(Class

A)

3,824,392

g

Renew

3

.950

09/20/53

3,639,000‌

Series

-

2018

1

(Class

A)

6,600,000

Santander

Drive

Auto

Receivables

Trust

2

.220

09/15/26

6,459,123‌

Series

-

2020

2

(Class

D)

11,719,500

g

SERVPRO

Master

Issuer

LLC

3

.882

10/25/49

10,911,769‌

Series

-

2019

1A

(Class

A2)

3,316,500

g

SERVPRO

Master

Issuer

LLC

2

.394

04/25/51

2,839,713‌

Series

-

2021

1A

(Class

A2)

3,642,696

†,g

Settlement

Fee

Finance

LLC

3

.840

11/01/49

3,512,543‌

Series

-

2019

1A

(Class

A)

1,180,905

g

Sierra

Timeshare

Receivables

Funding

LLC

3

.650

06/20/35

1,167,852‌

Series

-

2018

2A

(Class

B)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

182

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

1,001,315

g

Sierra

Timeshare

Receivables

Funding

LLC

3

.200

%

01/20/36

$

981,473‌

Series

-

2019

1A

(Class

A)

2,200,268

g

Sierra

Timeshare

Receivables

Funding

LLC

0

.990

11/20/37

2,077,926‌

Series

-

2021

1A

(Class

A)

2,385,684

g

Sierra

Timeshare

Receivables

Funding

LLC

1

.340

11/20/37

2,220,161‌

Series

-

2021

1A

(Class

B)

1,322,633

g

Sierra

Timeshare

Receivables

Funding

LLC

1

.790

11/20/37

1,228,712‌

Series

-

2021

1A

(Class

C)

2,807,611

g

SMB

Private

Education

Loan

Trust

2

.430

02/17/32

2,714,071‌

Series

-

2016

B

(Class

A2A)

1,975,078

g

SMB

Private

Education

Loan

Trust

2

.880

09/15/34

1,932,248‌

Series

-

2017

A

(Class

A2A)

1,633,922

g

SMB

Private

Education

Loan

Trust

2

.820

10/15/35

1,581,393‌

Series

-

2017

B

(Class

A2A)

559,090

g

SoFi

Professional

Loan

Program

LLC

2

.340

04/25/33

554,440‌

Series

-

2016

D

(Class

A2B)

293,497

g

SoFi

Professional

Loan

Program

LLC

2

.400

03/26/40

292,523‌

Series

-

2017

A

(Class

A2B)

555,548

g

SoFi

Professional

Loan

Program

LLC

2

.740

05/25/40

551,432‌

Series

-

2017

B

(Class

A2FX)

285,535

g

SoFi

Professional

Loan

Program

LLC

2

.630

07/25/40

282,748‌

Series

-

2017

C

(Class

A2B)

532,761

g

SoFi

Professional

Loan

Program

LLC

2

.720

11/26/40

531,040‌

Series

-

2017

E

(Class

A2B)

1,779,604

g

SoFi

Professional

Loan

Program

LLC

2

.840

01/25/41

1,751,332‌

Series

-

2017

F

(Class

A2FX)

1,182,571

g

SoFi

Professional

Loan

Program

LLC

3

.690

06/15/48

1,164,367‌

Series

-

2019

A

(Class

A2FX)

993,973

†,g

SolarCity

LMC

4

.800

11/20/38

952,623‌

Series

-

2013

1

(Class

A)

13,664,800

g

Sonic

Capital

LLC

3

.845

01/20/50

12,894,775‌

Series

-

2020

1A

(Class

A2I)

5,260,218

g

SpringCastle

America

Funding

LLC

1

.970

09/25/37

4,883,640‌

Series

-

2020

AA

(Class

A)

3,950,000

g

Stack

Infrastructure

Issuer

LLC

1

.893

08/25/45

3,625,790‌

Series

-

2020

1A

(Class

A2)

168,075

i

Structured

Asset

Investment

Loan

Trust

LIBOR

1

M

+

0.900%

2

.524

09/25/34

163,676‌

Series

-

2004

8

(Class

M1)

591,046

i

Structured

Asset

Investment

Loan

Trust

LIBOR

1

M

+

1.000%

2

.624

09/25/34

583,395‌

Series

-

2004

8

(Class

A9)

1,805,000

g

Taco

Bell

Funding

LLC

4

.970

05/25/46

1,793,305‌

Series

-

2016

1A

(Class

A23)

15,177,730

g

Taco

Bell

Funding

LLC

1

.946

08/25/51

13,223,081‌

Series

-

2021

1A

(Class

A2I)

9,790,800

g

Taco

Bell

Funding

LLC

2

.294

08/25/51

8,209,919‌

Series

-

2021

1A

(Class

A2II)

3,327,746

g

Tesla

Auto

Lease

Trust

0

.680

12/20/23

3,287,774‌

Series

-

2020

A

(Class

A3)

1,000,000

g

Tesla

Auto

Lease

Trust

0

.780

12/20/23

980,138‌

Series

-

2020

A

(Class

A4)

5,250,000

g,i

TICP

CLO

VIII

Ltd

LIBOR

3

M

+

1.700%

2

.763

10/20/34

4,995,701‌

Series

-

2017

8A

(Class

A2R)

94,174

g

Tricon

American

Homes

Trust

2

.928

01/17/36

93,023‌

Series

-

2017

SFR2

(Class

A)

650,000

g

Tricon

American

Homes

Trust

2

.049

07/17/38

596,527‌

Series

-

2020

SFR1

(Class

B)

2,646,380

United

Airlines

Pass

Through

Trust

5

.875

10/15/27

2,600,041‌

Series

-

2020

A

(Class

)

3,800,000

g,i

Ursa

Re

II

Ltd

U.S.

Treasury

Bill

3

M

+

3.750%

5

.448

12/07/23

3,784,800‌

Series

-

2020

A

(Class

)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

183

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

6,648,274

Verizon

Owner

Trust

1

.850

%

07/22/24

$

6,627,763‌

Series

-

2020

A

(Class

A1A)

6,403,715

g

Vine

2

.790

11/15/50

5,812,974‌

Series

-

2020

1A

(Class

A)

4,200,000

g,i

Vitality

Re

X

Ltd

U.S.

Treasury

Bill

3

M

+

1.750%

3

.443

01/10/23

4,168,080‌

Series

-

2020

A

(Class

)

10,058,400

g

Wendy's

Funding

LLC

2

.370

06/15/51

8,525,510‌

Series

-

2021

1A

(Class

A2I)

TOTAL

ASSET

BACKED

599,124,787‌

OTHER

MORTGAGE

BACKED

-

10

.0

%

2,666,827

g,i

ACRE

Commercial

Mortgage

Ltd

LIBOR

1

M

+

0.830%

2

.442

12/18/37

2,613,247‌

Series

-

2021

FL4

(Class

A)

86,561

g,i

Agate

Bay

Mortgage

Trust

3

.500

09/25/45

82,082‌

Series

-

2015

6

(Class

A9)

4,335,000

g,i

Angel

Oak

Mortgage

Trust

2

.837

11/25/66

3,437,449‌

Series

-

2021

8

(Class

A3)

1,870,000

g

BAMLL

Commercial

Mortgage

Securities

Trust

3

.490

04/14/33

1,772,954‌

Series

-

2015

200P

(Class

B)

2,486,000

Banc

of

America

Commercial

Mortgage

Trust

3

.705

09/15/48

2,446,014‌

Series

-

2015

UBS7

(Class

A4)

1,910,000

i

Banc

of

America

Commercial

Mortgage

Trust

4

.486

09/15/48

1,821,102‌

Series

-

2015

UBS7

(Class

B)

5,567,598

Banc

of

America

Commercial

Mortgage

Trust

3

.366

02/15/50

5,498,817‌

Series

-

2017

BNK3

(Class

ASB)

5,000,000

BANK

3

.731

11/15/50

4,779,811‌

Series

-

2017

BNK8

(Class

AS)

1,500,000

i

BANK

4

.060

11/15/50

1,420,998‌

Series

-

2017

BNK8

(Class

B)

1,000,000

i

BANK

4

.204

11/15/50

908,697‌

Series

-

2017

BNK8

(Class

C)

3,750,000

g

BANK

2

.500

10/17/52

2,662,531‌

Series

-

2019

BN21

(Class

D)

2,500,000

BANK

3

.203

12/15/52

2,262,951‌

Series

-

2019

BN23

(Class

AS)

1,637,000

BANK

3

.455

12/15/52

1,468,723‌

Series

-

2019

BN23

(Class

B)

7,492,517

BANK

3

.289

07/15/60

7,378,245‌

Series

-

2017

BNK6

(Class

ASB)

2,000,000

i

BANK

3

.283

11/15/62

1,815,227‌

Series

-

2019

BN24

(Class

AS)

5,349,941

g,i

Bayview

MSR

Opportunity

Master

Fund

Trust

3

.000

10/25/51

4,655,359‌

Series

-

2021

6

(Class

A19)

8,176,406

g,i

Bayview

MSR

Opportunity

Master

Fund

Trust

3

.000

02/25/52

7,172,506‌

Series

-

2022

5

(Class

A19)

1,250,000

g,i

BBCMS

Mortgage

Trust

4

.409

08/05/38

939,432‌

Series

-

2018

CHRS

(Class

E)

1,500,000

g

BBCMS

Trust

4

.798

08/10/35

1,390,219‌

Series

-

2015

SRCH

(Class

C)

2,575,000

g,i

Benchmark

Mortgage

Trust

2

.791

09/15/48

2,244,030‌

Series

-

2020

IG2

(Class

AM)

2,500,000

g,i

Benchmark

Mortgage

Trust

3

.231

09/15/48

2,228,296‌

Series

-

2020

IG3

(Class

AS)

2,500,000

g,i

Benchmark

Mortgage

Trust

3

.654

09/15/48

2,272,953‌

Series

-

2020

IG3

(Class

BXA)

1,380,000

Benchmark

Mortgage

Trust

4

.016

03/15/52

1,354,528‌

Series

-

2019

B9

(Class

A5)

1,250,000

i

Benchmark

Mortgage

Trust

4

.971

03/15/52

1,176,219‌

Series

-

2019

B9

(Class

C)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

184

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

550,000

Benchmark

Mortgage

Trust

3

.419

%

08/15/52

$

503,621‌

Series

-

2019

B12

(Class

AS)

1,200,000

i

Benchmark

Mortgage

Trust

4

.510

05/15/53

1,210,877‌

Series

-

2018

B7

(Class

A4)

5,250,000

i

Benchmark

Mortgage

Trust

2

.244

08/15/54

4,130,871‌

Series

-

2021

B28

(Class

B)

9,000,000

Benchmark

Mortgage

Trust

2

.429

08/15/54

7,490,909‌

Series

-

2021

B28

(Class

AS)

1,680,000

g

Benchmark

Mortgage

Trust

2

.500

12/15/62

1,170,850‌

Series

-

2019

B14

(Class

D)

565,049

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

0.920%

2

.244

10/15/36

555,099‌

Series

-

2019

XL

(Class

A)

2,600,000

g

BXP

Trust

3

.459

08/13/37

2,454,601‌

Series

-

2017

CC

(Class

A)

7,000,000

g,i

BXP

Trust

2

.868

01/15/44

5,008,132‌

Series

-

2021

601L

(Class

D)

6,500,000

i

CD

Mortgage

Trust

3

.879

11/10/49

6,051,024‌

Series

-

2016

CD2

(Class

B)

3,030,000

i

CD

Mortgage

Trust

4

.114

11/10/49

2,671,830‌

Series

-

2016

CD2

(Class

C)

8,428,785

CD

Mortgage

Trust

3

.453

02/10/50

8,323,653‌

Series

-

2017

CD3

(Class

AAB)

4,750,000

CD

Mortgage

Trust

3

.833

02/10/50

4,498,696‌

Series

-

2017

CD3

(Class

AS)

5,750,000

i

CD

Mortgage

Trust

3

.984

02/10/50

5,288,336‌

Series

-

2017

CD3

(Class

B)

3,630,000

i

CD

Mortgage

Trust

4

.699

02/10/50

3,293,110‌

Series

-

2017

CD3

(Class

C)

5,000,000

i

CD

Mortgage

Trust

3

.684

08/15/50

4,766,725‌

Series

-

2017

CD5

(Class

AS)

3,600,000

CD

Mortgage

Trust

2

.812

08/15/57

3,387,655‌

Series

-

2019

CD8

(Class

ASB)

49,322

g,i

CF

Mortgage

Trust

2

.840

04/15/25

47,781‌

Series

-

2020

P1

(Class

A1)

1,750,000

g,i

CF

Mortgage

Trust

3

.603

04/15/52

1,761,857‌

Series

-

2020

P1

(Class

A2)

1,175,400

CGMS

Commercial

Mortgage

Trust

3

.458

08/15/50

1,130,214‌

Series

-

2017

B1

(Class

A4)

91,614

i

CHL

Mortgage

Pass-Through

Trust

2

.520

02/20/35

91,598‌

Series

-

2004

HYB9

(Class

1A1)

1,750,000

g,i

Citigroup

Commercial

Mortgage

Trust

3

.635

05/10/35

1,694,298‌

Series

-

2013

375P

(Class

B)

5,000,000

g

Citigroup

Commercial

Mortgage

Trust

3

.341

05/10/36

4,944,219‌

Series

-

2019

PRM

(Class

A)

2,000,000

g

Citigroup

Commercial

Mortgage

Trust

3

.896

05/10/36

1,988,835‌

Series

-

2019

PRM

(Class

C)

1,000,000

g,i

Citigroup

Commercial

Mortgage

Trust

4

.631

07/10/47

928,306‌

Series

-

2014

GC23

(Class

D)

500,000

i

Citigroup

Commercial

Mortgage

Trust

3

.758

04/10/48

482,526‌

Series

-

2015

GC29

(Class

B)

2,000,000

i

Citigroup

Commercial

Mortgage

Trust

4

.279

04/10/48

1,889,984‌

Series

-

2015

GC29

(Class

C)

124,821

i

Citigroup

Mortgage

Loan

Trust

LIBOR

1

M

+

0.750%

2

.374

01/25/36

124,755‌

Series

-

2006

WFH1

(Class

M4)

6,000,000

g,i

COMM

Mortgage

Trust

3

.712

10/10/29

5,687,809‌

Series

-

2017

PANW

(Class

C)

131,100

g

COMM

Mortgage

Trust

3

.178

02/10/35

125,168‌

Series

-

2015

3BP

(Class

A)

5,857,423

COMM

Mortgage

Trust

2

.853

10/15/45

5,838,335‌

Series

-

2012

CR4

(Class

A3)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

185

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,500,000

g,i

COMM

Mortgage

Trust

5

.063

%

08/10/46

$

1,480,541‌

Series

-

2013

CR10

(Class

C)

1,135,000

COMM

Mortgage

Trust

4

.199

03/10/47

1,125,484‌

Series

-

2014

UBS2

(Class

AM)

2,537,089

COMM

Mortgage

Trust

4

.701

03/10/47

2,514,222‌

Series

-

2014

UBS2

(Class

B)

1,045,000

i

COMM

Mortgage

Trust

5

.113

03/10/47

1,019,281‌

Series

-

2014

UBS2

(Class

C)

1,200,000

i

COMM

Mortgage

Trust

5

.169

04/10/47

1,165,854‌

Series

-

2014

LC15

(Class

C)

750,000

COMM

Mortgage

Trust

4

.174

05/10/47

742,942‌

Series

-

2014

CR17

(Class

AM)

3,896,000

i

COMM

Mortgage

Trust

4

.896

06/10/47

3,762,338‌

Series

-

2014

UBS3

(Class

C)

5,150,000

g,i

COMM

Mortgage

Trust

4

.926

06/10/47

4,663,218‌

Series

-

2014

UBS3

(Class

D)

6,400,000

COMM

Mortgage

Trust

3

.917

10/10/47

6,351,606‌

Series

-

2014

LC17

(Class

A5)

2,000,000

i

COMM

Mortgage

Trust

4

.188

10/10/47

1,979,104‌

Series

-

2014

LC17

(Class

AM)

1,023,605

COMM

Mortgage

Trust

3

.040

02/10/48

1,015,716‌

Series

-

2015

LC19

(Class

ASB)

2,498,000

i

COMM

Mortgage

Trust

3

.829

02/10/48

2,422,064‌

Series

-

2015

LC19

(Class

B)

2,497,000

g

COMM

Mortgage

Trust

3

.000

03/10/48

2,038,681‌

Series

-

2015

CR22

(Class

E)

575,000

i

COMM

Mortgage

Trust

3

.603

03/10/48

562,079‌

Series

-

2015

CR22

(Class

AM)

4,250,000

i

COMM

Mortgage

Trust

3

.926

03/10/48

4,080,680‌

Series

-

2015

CR22

(Class

B)

2,000,000

g,i

COMM

Mortgage

Trust

4

.207

03/10/48

1,806,743‌

Series

-

2015

CR22

(Class

D)

1,000,000

i

COMM

Mortgage

Trust

4

.207

03/10/48

945,345‌

Series

-

2015

CR22

(Class

C)

5,000,000

COMM

Mortgage

Trust

3

.801

05/10/48

4,883,914‌

Series

-

2015

CR23

(Class

AM)

3,936,016

i

COMM

Mortgage

Trust

4

.183

05/10/48

3,804,121‌

Series

-

2015

CR23

(Class

B)

1,250,000

i

COMM

Mortgage

Trust

4

.428

05/10/48

1,182,152‌

Series

-

2015

CR23

(Class

C)

2,500,000

i

COMM

Mortgage

Trust

4

.428

05/10/48

2,210,840‌

Series

-

2015

CR23

(Class

D)

2,424,215

COMM

Mortgage

Trust

3

.432

08/10/48

2,365,646‌

Series

-

2015

CR24

(Class

A4)

1,500,000

i

COMM

Mortgage

Trust

3

.463

08/10/48

1,295,129‌

Series

-

2015

CR24

(Class

D)

3,640,000

i

COMM

Mortgage

Trust

4

.028

08/10/48

3,567,358‌

Series

-

2015

CR24

(Class

AM)

1,000,000

i

COMM

Mortgage

Trust

4

.522

08/10/48

975,824‌

Series

-

2015

CR24

(Class

B)

2,000,000

i

COMM

Mortgage

Trust

4

.522

08/10/48

1,887,340‌

Series

-

2015

CR24

(Class

C)

2,250,000

i

COMM

Mortgage

Trust

4

.679

08/10/48

2,167,396‌

Series

-

2015

CR25

(Class

B)

2,600,000

COMM

Mortgage

Trust

3

.630

10/10/48

2,548,670‌

Series

-

2015

CR26

(Class

A4)

1,000,000

COMM

Mortgage

Trust

3

.984

10/10/48

977,733‌

Series

-

2015

CR27

(Class

AM)

3,306,000

i

COMM

Mortgage

Trust

4

.621

10/10/48

3,154,010‌

Series

-

2015

CR26

(Class

C)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

186

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,000,000

i

COMM

Mortgage

Trust

4

.621

%

10/10/48

$

980,640‌

Series

-

2015

CR26

(Class

B)

7,724,000

i

COMM

Mortgage

Trust

4

.758

10/10/48

7,355,343‌

Series

-

2015

LC23

(Class

C)

1,080,000

COMM

Mortgage

Trust

3

.762

02/10/49

1,063,265‌

Series

-

2016

CR28

(Class

A4)

5,000,000

i

COMM

Mortgage

Trust

4

.773

02/10/49

4,890,597‌

Series

-

2016

CR28

(Class

B)

5,000,000

COMM

Mortgage

Trust

3

.263

08/15/57

4,486,966‌

Series

-

2019

GC44

(Class

AM)

1,879,783

i

Connecticut

Avenue

Securities

LIBOR

1

M

+

2.600%

4

.224

05/25/24

1,872,586‌

Series

-

2014

C02

(Class

1M2)

4,111,817

i

Connecticut

Avenue

Securities

LIBOR

1

M

+

3.000%

4

.624

07/25/24

4,096,088‌

Series

-

2014

C03

(Class

1M2)

790,000

g,i

Connecticut

Avenue

Securities

Trust

2

.476

10/25/41

732,744‌

Series

-

2021

R01

(Class

1M2)

1,400,000

g,i

Connecticut

Avenue

Securities

Trust

4

.226

11/25/41

1,197,393‌

Series

-

2021

R02

(Class

2B1)

4,965,000

g,i

Connecticut

Avenue

Securities

Trust

3

.676

12/25/41

4,166,849‌

Series

-

2021

R03

(Class

1B1)

6,305,000

g,i

Connecticut

Avenue

Securities

Trust

4

.426

03/25/42

5,998,255‌

Series

-

2022

R03

(Class

1M2)

3,999,000

g,i

Connecticut

Avenue

Securities

Trust

3

.926

04/25/42

3,800,849‌

Series

-

2022

R05

(Class

2M2)

1,000,000

g,i

CPT

Mortgage

Trust

3

.097

11/13/39

786,237‌

Series

-

2019

CPT

(Class

E)

116,200

g,i

Credit

Suisse

Mortgage

Capital

Certificates

LIBOR

1

M

+

0.980%

2

.304

05/15/36

114,298‌

Series

-

2019

ICE4

(Class

A)

3,000,000

g,i

Credit

Suisse

Mortgage

Capital

Certificates

LIBOR

1

M

+

1.600%

2

.924

05/15/36

2,916,897‌

Series

-

2019

ICE4

(Class

D)

7,307,723

g,i

Credit

Suisse

Mortgage

Capital

Certificates

2

.405

10/25/66

6,473,157‌

Series

-

2021

NQM8

(Class

A3)

2,500,000

g,i

CSMC

Series

3

.388

10/25/59

2,281,009‌

Series

-

2019

NQM1

(Class

M1)

4,750,000

DBGS

Mortgage

Trust

4

.466

10/15/51

4,781,230‌

Series

-

2018

C1

(Class

A4)

5,000,000

DBJPM

Mortgage

Trust

2

.340

08/15/53

4,104,604‌

Series

-

2020

C9

(Class

AM)

1,200,000

g

DBUBS

Mortgage

Trust

3

.452

10/10/34

1,165,692‌

Series

-

2017

BRBK

(Class

A)

4,000,000

g,i

EQUS

Mortgage

Trust

LIBOR

1

M

+

2.300%

3

.624

10/15/38

3,698,687‌

Series

-

2021

EQAZ

(Class

E)

1,256,563

g,i

Flagstar

Mortgage

Trust

4

.049

10/25/47

1,207,416‌

Series

-

2017

2

(Class

B3)

88,631

g,i

Flagstar

Mortgage

Trust

4

.000

09/25/48

87,362‌

Series

-

2018

5

(Class

A11)

2,045,023

g,i

Flagstar

Mortgage

Trust

2

.500

04/25/51

1,708,883‌

Series

-

2021

2

(Class

A4)

6,605,760

g,i

Flagstar

Mortgage

Trust

2

.500

06/01/51

5,516,140‌

Series

-

2021

4

(Class

A21)

24,166,198

g,i

Flagstar

Mortgage

Trust

3

.000

10/25/51

21,433,484‌

Series

-

2021

10INV

(Class

A17)

775,000

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.976

12/25/33

690,671‌

Series

-

2021

HQA2

(Class

M2)

6,434,174

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.576

01/25/34

6,203,907‌

Series

-

2021

DNA5

(Class

M2)

5,440,000

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.426

01/25/42

4,605,928‌

Series

-

2022

DNA1

(Class

M2)

25,350,000

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.826

04/25/42

23,829,695‌

Series

-

2022

DNA3

(Class

M1B)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

187

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

750,000

g,i

FREMF

Mortgage

Trust

4

.161

%

03/25/49

$

740,944‌

Series

-

2016

K53

(Class

B)

10,500,000

g

GS

Mortgage

Securities

Corp

II

3

.419

10/10/32

10,474,570‌

Series

-

2017

SLP

(Class

A)

1,238,000

g,i

GS

Mortgage

Securities

Corp

II

3

.591

09/10/37

1,160,742‌

Series

-

2017

375H

(Class

A)

2,590,000

i

GS

Mortgage

Securities

Corp

II

3

.777

05/10/50

2,524,049‌

Series

-

2015

GC30

(Class

AS)

3,010,000

i

GS

Mortgage

Securities

Corp

II

3

.992

03/10/51

2,953,374‌

Series

-

2018

GS9

(Class

A4)

1,500,000

i

GS

Mortgage

Securities

Corp

II

4

.155

07/10/51

1,482,615‌

Series

-

2018

GS10

(Class

A5)

2,000,000

g,i

GS

Mortgage

Securities

Trust

LIBOR

1

M

+

1.450%

2

.774

07/15/31

1,917,609‌

Series

-

2018

TWR

(Class

C)

2,500,000

g,i

GS

Mortgage

Securities

Trust

4

.285

02/10/46

2,472,903‌

Series

-

2013

GC10

(Class

C)

2,950,000

i

GS

Mortgage

Securities

Trust

4

.455

02/10/48

2,805,309‌

Series

-

2015

GC28

(Class

C)

3,500,000

i

GS

Mortgage

Securities

Trust

4

.018

07/10/48

3,430,189‌

Series

-

2015

GC32

(Class

AS)

3,779,000

i

GS

Mortgage

Securities

Trust

4

.116

10/10/49

3,440,710‌

Series

-

2016

GS3

(Class

C)

3,803,000

i

GS

Mortgage

Securities

Trust

4

.080

11/10/49

3,371,563‌

Series

-

2016

GS4

(Class

C)

7,187,045

GS

Mortgage

Securities

Trust

3

.467

03/10/50

7,086,562‌

Series

-

2017

GS5

(Class

AAB)

9,100,951

GS

Mortgage

Securities

Trust

3

.674

03/10/50

8,849,369‌

Series

-

2017

GS5

(Class

A4)

4,300,000

GS

Mortgage

Securities

Trust

3

.433

05/10/50

4,140,803‌

Series

-

2017

GS6

(Class

A3)

3,000,000

GS

Mortgage

Securities

Trust

3

.837

11/10/50

2,917,639‌

Series

-

2017

GS8

(Class

ABP)

2,500,000

i

GS

Mortgage

Securities

Trust

4

.479

11/10/50

2,294,556‌

Series

-

2017

GS8

(Class

C)

1,260,000

GS

Mortgage

Securities

Trust

3

.968

02/10/52

1,234,032‌

Series

-

2019

GC38

(Class

A4)

2,400,000

i

GS

Mortgage

Securities

Trust

4

.158

02/10/52

2,323,378‌

Series

-

2019

GC38

(Class

AS)

1,000,000

i

GS

Mortgage

Securities

Trust

4

.761

02/10/52

927,236‌

Series

-

2019

GC38

(Class

C)

1,500,000

g,i

GS

Mortgage

Securities

Trust

3

.501

07/10/52

1,421,280‌

Series

-

2019

GC40

(Class

DBB)

5,500,000

g,i

GS

Mortgage

Securities

Trust

3

.668

07/10/52

5,127,740‌

Series

-

2019

GC40

(Class

DBC)

1,361,000

i

GS

Mortgage

Securities

Trust

3

.405

02/13/53

1,195,367‌

Series

-

2020

GC45

(Class

B)

5,500,000

GS

Mortgage

Securities

Trust

2

.012

12/12/53

4,557,454‌

Series

-

2020

GSA2

(Class

A5)

187,487

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

184,473‌

Series

-

2019

PJ2

(Class

A1)

489,381

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

481,514‌

Series

-

2019

PJ2

(Class

A4)

1,890,974

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.500

07/25/50

1,742,990‌

Series

-

2020

PJ2

(Class

A4)

851,209

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

01/25/51

753,720‌

Series

-

2020

PJ4

(Class

A4)

644,938

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

03/27/51

566,397‌

Series

-

2020

PJ5

(Class

A4)

2,174,227

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

05/25/51

1,821,198‌

Series

-

2020

PJ6

(Class

A4)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

188

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

4,890,107

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

%

10/25/51

$

4,090,916‌

Series

-

2021

PJ5

(Class

A4)

11,982,477

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

06/25/52

10,608,626‌

Series

-

2022

PJ2

(Class

A36)

3,794,478

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

09/25/52

3,322,900‌

Series

-

2022

PJ4

(Class

A36)

1,032,263

g,i

GS

Mortgage-Backed

Securities

Trust

3

.642

05/25/50

913,762‌

Series

-

2020

PJ1

(Class

B2)

2,788,514

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

07/25/51

2,333,959‌

Series

-

2021

PJ2

(Class

A4)

13,924,597

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

11/25/51

11,623,836‌

Series

-

2021

PJ6

(Class

A4)

19,972,426

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

16,683,167‌

Series

-

2021

PJ7

(Class

A4)

10,352,088

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

8,665,318‌

Series

-

2021

PJ8

(Class

A4)

7,402,125

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

07/25/52

6,422,824‌

Series

-

2022

INV1

(Class

A4)

8,178,711

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

09/25/52

7,097,268‌

Series

-

2022

HP1

(Class

A4)

6,468,086

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

10/25/52

5,628,496‌

Series

-

2022

PJ5

(Class

A36)

863,053

i

HarborView

Mortgage

Loan

Trust

LIBOR

1

M

+

0.620%

2

.232

08/19/45

804,110‌

Series

-

2005

11

(Class

2A1A)

2,000,000

g

Hudson

Yards

Mortgage

Trust

2

.835

08/10/38

1,850,108‌

Series

-

2016

10HY

(Class

A)

3,000,000

g,i

Hudson

Yards

Mortgage

Trust

3

.076

08/10/38

2,774,826‌

Series

-

2016

10HY

(Class

B)

3,500,000

g,i

Hudson

Yards

Mortgage

Trust

3

.076

08/10/38

3,182,970‌

Series

-

2016

10HY

(Class

C)

4,700,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

3,915,778‌

Series

-

2019

55HY

(Class

D)

2,750,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

2,197,951‌

Series

-

2019

55HY

(Class

E)

91,994

i

Impac

CMB

Trust

LIBOR

1

M

+

0.660%

2

.284

03/25/35

89,039‌

Series

-

2004

11

(Class

2A1)

3,364,575

g,i

Imperial

Fund

Mortgage

Trust

2

.051

10/25/55

3,200,324‌

Series

-

2020

NQM1

(Class

A3)

1,000,000

g,i

Imperial

Fund

Mortgage

Trust

3

.531

10/25/55

923,208‌

Series

-

2020

NQM1

(Class

M1)

7,503,786

g,i

J.P.

Morgan

Mortgage

Trust

3

.000

09/25/52

6,554,332‌

Series

-

2022

INV3

(Class

A6)

3,000,000

g

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.379

07/05/31

2,946,521‌

Series

-

2018

AON

(Class

B)

1,700,000

g,i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.212

01/15/46

1,640,218‌

Series

-

2013

C13

(Class

D)

1,500,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.166

12/15/46

1,493,022‌

Series

-

2013

C16

(Class

A4)

800,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.372

12/15/47

794,050‌

Series

-

2013

C10

(Class

AS)

750,000

i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.119

01/15/49

734,322‌

Series

-

2015

JP1

(Class

AS)

500,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.379

09/15/50

489,870‌

Series

-

2017

JP7

(Class

A3)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

189

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,174,183

g

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

3

.093

%

07/05/32

$

1,173,663‌

Series

-

2012

HSBC

(Class

A)

1,000,000

g

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

3

.620

01/16/37

924,374‌

Series

-

2020

NNN

(Class

DFX)

3,947,470

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

-

0.000%

2

.174

12/25/44

3,900,817‌

Series

-

2015

1

(Class

B1)

81,070

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/45

77,256‌

Series

-

2015

3

(Class

A19)

474,867

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/45

439,966‌

Series

-

2015

6

(Class

A13)

200,436

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/46

189,695‌

Series

-

2016

1

(Class

A13)

1,308,000

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/47

1,233,762‌

Series

-

2017

2

(Class

A13)

1,098,523

g,i

JP

Morgan

Mortgage

Trust

3

.500

09/25/48

1,012,174‌

Series

-

2018

3

(Class

A13)

2,561,838

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

2,367,747‌

Series

-

2018

5

(Class

A13)

522,344

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

483,199‌

Series

-

2018

4

(Class

A13)

1,329,905

g,i

JP

Morgan

Mortgage

Trust

3

.053

10/26/48

1,304,574‌

Series

-

2017

5

(Class

A2)

175,631

g,i

JP

Morgan

Mortgage

Trust

4

.000

01/25/49

171,582‌

Series

-

2018

8

(Class

A13)

158,631

g,i

JP

Morgan

Mortgage

Trust

4

.000

02/25/49

154,878‌

Series

-

2018

9

(Class

A13)

73,113

g,i

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

71,756‌

Series

-

2019

1

(Class

A15)

139,314

g,i

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

136,727‌

Series

-

2019

1

(Class

A3)

756,096

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

+

0.950%

2

.574

10/25/49

746,669‌

Series

-

2019

INV1

(Class

A11)

3,633,540

g,i

JP

Morgan

Mortgage

Trust

3

.852

06/25/50

3,269,178‌

Series

-

2020

1

(Class

B2)

6,623,501

g,i

JP

Morgan

Mortgage

Trust

2

.500

10/25/51

5,543,937‌

Series

-

2021

6

(Class

A15)

4,104,856

g,i

JP

Morgan

Mortgage

Trust

2

.500

11/25/51

3,435,805‌

Series

-

2021

7

(Class

A15)

4,340,567

g,i

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

3,633,836‌

Series

-

2021

8

(Class

A15)

2,363,660

g,i

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

1,978,029‌

Series

-

2021

10

(Class

A15)

9,201,100

g,i

JP

Morgan

Mortgage

Trust

2

.500

01/25/52

7,694,880‌

Series

-

2021

11

(Class

A15)

2,520,300

g,i

JP

Morgan

Mortgage

Trust

2

.500

02/25/52

2,108,508‌

Series

-

2021

12

(Class

A15)

6,946,346

g,i

JP

Morgan

Mortgage

Trust

3

.350

04/25/52

5,786,599‌

Series

-

2021

INV6

(Class

B1)

4,449,785

g,i

JP

Morgan

Mortgage

Trust

3

.350

04/25/52

3,645,849‌

Series

-

2021

INV6

(Class

B2)

4,008,301

g,i

JP

Morgan

Mortgage

Trust

2

.500

05/25/52

3,346,775‌

Series

-

2021

14

(Class

A15)

13,203,553

g,i

JP

Morgan

Mortgage

Trust

2

.500

06/25/52

11,024,452‌

Series

-

2021

15

(Class

A15)

16,832,591

g,i

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

14,913,171‌

Series

-

2022

2

(Class

A25)

10,412,231

g,i

JP

Morgan

Mortgage

Trust

3

.500

09/25/52

9,518,664‌

Series

-

2022

LTV2

(Class

A6)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

190

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

753,794

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.133

%

08/15/46

$

752,314‌

Series

-

2013

C14

(Class

A4)

2,841,885

JPMBB

Commercial

Mortgage

Securities

Trust

3

.493

08/15/47

2,798,154‌

Series

-

2014

C21

(Class

A4)

1,000,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.898

02/15/48

954,730‌

Series

-

2015

C27

(Class

B)

2,000,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

3

.917

05/15/48

1,957,321‌

Series

-

2015

C29

(Class

AS)

1,600,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.118

05/15/48

1,525,495‌

Series

-

2015

C29

(Class

B)

3,000,000

JPMBB

Commercial

Mortgage

Securities

Trust

4

.106

08/15/48

2,902,270‌

Series

-

2015

C31

(Class

AS)

6,885,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.766

08/15/48

6,592,222‌

Series

-

2015

C31

(Class

B)

3,000,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.766

08/15/48

2,821,054‌

Series

-

2015

C31

(Class

C)

1,400,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.227

10/15/48

1,361,641‌

Series

-

2015

C28

(Class

A4)

3,016,000

JPMBB

Commercial

Mortgage

Securities

Trust

4

.023

12/15/48

2,948,148‌

Series

-

2015

C33

(Class

AS)

10,425,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.576

03/17/49

10,170,709‌

Series

-

2016

C1

(Class

A5)

2,645,000

g,i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.390

03/17/49

2,364,533‌

Series

-

2016

C1

(Class

D1)

1,606,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.890

03/17/49

1,541,944‌

Series

-

2016

C1

(Class

C)

1,156,860

JPMCC

Commercial

Mortgage

Securities

Trust

3

.457

03/15/50

1,139,108‌

Series

-

2017

JP5

(Class

A4)

2,000,000

i

JPMCC

Commercial

Mortgage

Securities

Trust

3

.781

09/15/50

1,797,901‌

Series

-

2017

JP7

(Class

C)

2,500,000

JPMCC

Commercial

Mortgage

Securities

Trust

3

.123

06/13/52

2,305,562‌

Series

-

2019

COR5

(Class

A3)

6,000,000

JPMDB

Commercial

Mortgage

Securities

Trust

2

.536

05/13/53

5,093,985‌

Series

-

2020

COR7

(Class

AS)

1,495,542

g

Ladder

Capital

Commercial

Mortgage

Securities

3

.575

02/15/36

1,442,969‌

Series

-

2013

GCP

(Class

A1)

1,108,005

g

LSTAR

Commercial

Mortgage

Trust

2

.579

03/10/49

1,096,919‌

Series

-

2016

4

(Class

A2)

12,000,000

g,i

MAD

Mortgage

Trust

3

.294

08/15/34

11,560,499‌

Series

-

2017

330M

(Class

A)

1,500,000

g,i

Manhattan

West

2

.413

09/10/39

1,304,183‌

Series

-

2020

1MW

(Class

B)

3,000,000

g,i

Manhattan

West

2

.413

09/10/39

2,565,487‌

Series

-

2020

1MW

(Class

C)

1,899,251

i

Merrill

Lynch

Mortgage

Investors

Trust

LIBOR

1

M

+

0.520%

2

.278

01/25/37

1,816,615‌

Series

-

2006

WMC1

(Class

A1B)

5,000,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.476

11/15/45

4,994,500‌

Series

-

2012

C6

(Class

AS)

2,898,582

g

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.989

12/15/46

2,815,023‌

Series

-

2014

C19

(Class

LNC1)

915,824

g

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

4

.384

12/15/46

883,011‌

Series

-

2014

C19

(Class

LNC2)

1,305,000

i

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

5

.212

02/15/47

1,294,550‌

Series

-

2014

C14

(Class

C)

2,070,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.832

12/15/47

2,030,280‌

Series

-

2014

C19

(Class

AS)

60,367

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.069

02/15/48

59,662‌

Series

-

2015

C20

(Class

ASB)

2,500,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.338

03/15/48

2,440,874‌

Series

-

2015

C21

(Class

A4)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

191

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

5,938,073

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.652

%

03/15/48

$

5,670,674‌

Series

-

2015

C21

(Class

AS)

3,360,000

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.561

04/15/48

3,245,986‌

Series

-

2015

C22

(Class

AS)

10,685,715

Morgan

Stanley

Capital

I

Trust

2

.606

08/15/49

10,377,570‌

Series

-

2016

UB11

(Class

ASB)

260,237

†,i

Morgan

Stanley

Capital

I

Trust

6

.282

12/12/49

130,118‌

Series

-

2007

IQ16

(Class

AJ)

1,300,000

Morgan

Stanley

Capital

I

Trust

3

.587

12/15/50

1,252,293‌

Series

-

2017

HR2

(Class

A4)

1,000,000

Morgan

Stanley

Capital

I

Trust

4

.177

07/15/51

987,876‌

Series

-

2018

H3

(Class

A5)

3,142,000

i

Morgan

Stanley

Capital

I

Trust

4

.429

07/15/51

3,092,043‌

Series

-

2018

H3

(Class

AS)

2,944,036

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

07/25/51

2,659,177‌

Series

-

2021

4

(Class

A4)

8,417,882

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

08/25/51

7,048,124‌

Series

-

2021

5

(Class

A9)

9,088,958

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

8,268,607‌

Series

-

2021

6

(Class

A4)

6,224,639

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

5,213,260‌

Series

-

2021

6

(Class

A9)

2,000,000

g

MRCD

Mortgage

Trust

2

.718

12/15/36

1,824,140‌

Series

-

2019

PARK

(Class

D)

3,500,000

g

MRCD

Mortgage

Trust

2

.718

12/15/36

3,155,756‌

Series

-

2019

PARK

(Class

E)

1,500,000

g,i

MSDB

Trust

3

.427

07/11/39

1,387,417‌

Series

-

2017

712F

(Class

A)

975,894

g

MVW

Owner

Trust

2

.750

12/20/34

953,964‌

Series

-

2017

1A

(Class

B)

6,300,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.500%

2

.824

07/15/36

6,205,131‌

Series

-

2019

MILE

(Class

A)

2,500,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.800%

3

.124

07/15/36

2,453,787‌

Series

-

2019

MILE

(Class

B)

2,000,000

g

Natixis

Commercial

Mortgage

Securities

Trust

2

.966

12/15/38

1,908,781‌

Series

-

2020

2PAC

(Class

A)

170,688

g,i

New

Residential

Mortgage

Loan

Trust

4

.750

12/25/57

170,023‌

Series

-

2018

5A

(Class

A1)

769,084

g,i

New

Residential

Mortgage

Loan

Trust

2

.797

09/25/59

741,762‌

Series

-

2019

NQM4

(Class

A3)

700,000

g,i

New

Residential

Mortgage

Loan

Trust

2

.986

09/25/59

638,162‌

Series

-

2019

NQM4

(Class

M1)

159,103

i

New

York

Mortgage

Trust

LIBOR

1

M

+

0.480%

2

.104

02/25/36

157,126‌

Series

-

2005

3

(Class

A1)

1,325,000

g,i

NLT

Trust

2

.569

08/25/56

1,043,636‌

Series

-

2021

INV2

(Class

M1)

10,733,386

g,i

OBX

Trust

2

.500

07/25/51

8,955,723‌

Series

-

2021

J2

(Class

A19)

507,489

g,i

OBX

Trust

LIBOR

1

M

+

0.650%

2

.274

06/25/57

496,585‌

Series

-

2018

1

(Class

A2)

2,303,601

g,i

Oceanview

Mortgage

Trust

2

.500

05/25/51

1,927,146‌

Series

-

2021

1

(Class

A19)

3,000,000

g

One

Bryant

Park

Trust

2

.516

09/15/54

2,592,171‌

Series

-

2019

OBP

(Class

A)

20,445,000

g

One

Market

Plaza

Trust

3

.614

02/10/32

20,067,315‌

Series

-

2017

1MKT

(Class

A)

1,000,000

g

RBS

Commercial

Funding,

Inc

Trust

3

.511

03/11/31

978,421‌

Series

-

2013

SMV

(Class

B)

15,270,345

g,i

RCKT

Mortgage

Trust

2

.500

02/25/52

12,721,129‌

Series

-

2022

2

(Class

A22)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

192

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

2,950,000

g,i

RCKT

Mortgage

Trust

3

.500

%

06/25/52

$

2,633,335‌

Series

-

2022

4

(Class

A22)

363,014

g,i

Sequoia

Mortgage

Trust

3

.500

05/25/45

337,046‌

Series

-

2015

2

(Class

A1)

264,822

g,i

Sequoia

Mortgage

Trust

3

.500

02/25/47

247,283‌

Series

-

2017

2

(Class

A19)

21,230

g,i

Sequoia

Mortgage

Trust

3

.500

04/25/47

19,573‌

Series

-

2017

3

(Class

A19)

857,588

g,i

Sequoia

Mortgage

Trust

3

.723

09/25/47

791,311‌

Series

-

2017

6

(Class

B1)

606,208

g,i

Sequoia

Mortgage

Trust

3

.500

03/25/48

573,543‌

Series

-

2018

3

(Class

A1)

62,720

g,i

Sequoia

Mortgage

Trust

4

.000

09/25/48

61,494‌

Series

-

2018

7

(Class

A19)

182,332

g,i

Sequoia

Mortgage

Trust

4

.000

06/25/49

179,973‌

Series

-

2019

2

(Class

A19)

1,560,762

g,i

Sequoia

Mortgage

Trust

3

.500

12/25/49

1,457,038‌

Series

-

2019

5

(Class

A19)

3,039,573

g,i

Sequoia

Mortgage

Trust

3

.000

04/25/50

2,671,205‌

Series

-

2020

3

(Class

A19)

3,984,516

g,i

Sequoia

Mortgage

Trust

2

.500

06/25/51

3,330,259‌

Series

-

2021

4

(Class

A19)

233,053

g,i

Shellpoint

Co-Originator

Trust

3

.500

04/25/47

216,572‌

Series

-

2017

1

(Class

A19)

15,415,000

g

SLG

Office

Trust

2

.851

07/15/41

11,926,855‌

Series

-

2021

OVA

(Class

E)

4,340,657

g,i

SMR

Mortgage

Trust

3

.679

02/15/39

4,186,195‌

Series

-

2022

IND

(Class

B)

3,955,000

g,i

Structured

Agency

Credit

Risk

Debt

Note

(STACR)

3

.026

10/25/33

3,657,327‌

Series

-

2021

DNA3

(Class

M2)

38,782

g,i

STACR

3

.761

02/25/48

38,053‌

Series

-

2018

SPI1

(Class

M2)

98,323

g,i

STACR

3

.827

05/25/48

96,596‌

Series

-

2018

SPI2

(Class

M2)

1,850,000

g,i

STACR

LIBOR

1

M

+

2.500%

4

.124

02/25/50

1,582,625‌

Series

-

2020

DNA2

(Class

B1)

1,875,000

g,i

STACR

4

.926

11/25/50

1,765,791‌

Series

-

2020

HQA5

(Class

B1)

2,250,000

UBS

Commercial

Mortgage

Trust

4

.334

10/15/51

2,240,577‌

Series

-

2018

C13

(Class

A4)

1,000,000

g,i

UBS-Barclays

Commercial

Mortgage

Trust

3

.649

03/10/46

974,273‌

Series

-

2013

C5

(Class

B)

2,000,000

g,i

UBS-Barclays

Commercial

Mortgage

Trust

3

.875

04/10/46

1,952,857‌

Series

-

2013

C6

(Class

B)

1,225,000

g,i

Verus

Securitization

Trust

3

.207

11/25/59

1,215,281‌

Series

-

2019

4

(Class

M1)

842,293

g

Verus

Securitization

Trust

1

.733

05/25/65

787,830‌

Series

-

2020

5

(Class

A3)

7,944,802

g,i

Verus

Securitization

Trust

2

.240

10/25/66

7,026,638‌

Series

-

2021

7

(Class

A3)

946,947

g

VSE

VOI

Mortgage

LLC

2

.330

03/20/35

914,479‌

Series

-

2017

A

(Class

A)

840,905

g

VSE

VOI

Mortgage

LLC

4

.020

02/20/36

822,523‌

Series

-

2018

A

(Class

C)

8,200,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.539

10/15/45

8,191,258‌

Series

-

2012

LC5

(Class

AS)

2,272,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.540

05/15/48

2,226,486‌

Series

-

2015

C28

(Class

A4)

2,100,000

i

Wells

Fargo

Commercial

Mortgage

Trust

3

.658

05/15/48

2,014,026‌

Series

-

2015

NXS1

(Class

B)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

193

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

2,000,000

i

Wells

Fargo

Commercial

Mortgage

Trust

4

.288

%

05/15/48

$

1,819,287‌

Series

-

2015

NXS1

(Class

D)

350,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.637

06/15/48

344,226‌

Series

-

2015

C29

(Class

A4)

4,077,108

Wells

Fargo

Commercial

Mortgage

Trust

2

.825

10/15/49

3,999,129‌

Series

-

2016

LC24

(Class

ASB)

387,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.635

03/15/50

376,065‌

Series

-

2017

RB1

(Class

A5)

2,000,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.757

03/15/50

1,922,677‌

Series

-

2017

RB1

(Class

AS)

1,720,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.467

04/15/50

1,661,415‌

Series

-

2015

LC20

(Class

AS)

2,000,000

i

Wells

Fargo

Commercial

Mortgage

Trust

4

.012

03/15/51

1,969,755‌

Series

-

2018

C43

(Class

A4)

1,200,000

g

Wells

Fargo

Commercial

Mortgage

Trust

3

.153

09/15/57

1,046,480‌

Series

-

2015

NXS3

(Class

D)

2,500,000

i

Wells

Fargo

Commercial

Mortgage

Trust

3

.972

09/15/57

2,450,509‌

Series

-

2015

NXS3

(Class

AS)

3,350,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.952

01/15/59

3,275,700‌

Series

-

2016

C32

(Class

AS)

2,500,000

i

Wells

Fargo

Commercial

Mortgage

Trust

4

.881

01/15/59

2,443,226‌

Series

-

2016

C32

(Class

B)

844,824

Wells

Fargo

Commercial

Mortgage

Trust

2

.933

11/15/59

825,164‌

Series

-

2016

C36

(Class

ASB)

122,772

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

4

.000

04/25/49

120,854‌

Series

-

2019

2

(Class

A17)

1,392,527

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.500

09/25/49

1,308,270‌

Series

-

2019

4

(Class

A1)

572,355

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

07/25/50

501,995‌

Series

-

2020

4

(Class

A17)

12,250,298

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

06/25/51

10,234,144‌

Series

-

2021

2

(Class

A17)

5,502,128

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

08/25/51

4,894,665‌

Series

-

2021

INV1

(Class

A17)

4,737,373

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.320

08/25/51

3,954,587‌

Series

-

2021

INV1

(Class

B1)

3,243,361

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

12/25/51

2,706,812‌

Series

-

2022

2

(Class

A18)

3,795,939

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

03/25/52

3,303,112‌

Series

-

2022

INV1

(Class

A18)

6,564,742

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.500

03/25/52

5,913,230‌

Series

-

2022

INV1

(Class

A17)

1,000,000

WFRBS

Commercial

Mortgage

Trust

3

.345

05/15/45

990,518‌

Series

-

2013

C13

(Class

AS)

3,295,729

i

WFRBS

Commercial

Mortgage

Trust

4

.079

03/15/46

3,290,004‌

Series

-

2013

UBS1

(Class

A4)

1,000,000

i

WFRBS

Commercial

Mortgage

Trust

4

.162

12/15/46

996,062‌

Series

-

2013

C18

(Class

A5)

1,664,000

i

WFRBS

Commercial

Mortgage

Trust

5

.027

12/15/46

1,567,589‌

Series

-

2013

C18

(Class

C)

2,225,281

WFRBS

Commercial

Mortgage

Trust

3

.995

05/15/47

2,196,503‌

Series

-

2014

C20

(Class

A5)

250,411

g,i

WinWater

Mortgage

Loan

Trust

3

.908

06/20/44

234,752‌

Series

-

2014

1

(Class

B4)

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

194

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

5,474,821

g,i

Woodward

Capital

Management

3

.000

%

05/25/52

$

4,743,768‌

Series

-

2022

3

(Class

A21)

TOTAL

OTHER

MORTGAGE

BACKED

970,841,861‌

TOTAL

STRUCTURED

ASSETS

1,569,966,648‌

(Cost

$1,718,328,612)

TOTAL

BONDS

9,405,346,891‌

(Cost

$10,321,294,060)

SHARES

COMPANY

REFERENCERATE

&

SPREAD

COMMON

STOCKS

-

0.0%

MATERIALS

-

0

.0

%

363,958

*

Petra

Diamonds

Ltd

398,885‌

TOTAL

MATERIALS

398,885‌

TOTAL

COMMON

STOCKS

398,885‌

(Cost

$342,120)

PREFERRED

STOCKS

-

0.1%

DIVERSIFIED

FINANCIALS

-

0

.1

%

200,000

e

Morgan

Stanley

5,068,000‌

200,000

Morgan

Stanley

5,152,000‌

TOTAL

DIVERSIFIED

FINANCIALS

10,220,000‌

TOTAL

PREFERRED

STOCKS

10,220,000‌

(Cost

$11,284,000)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

12.0%

GOVERNMENT

AGENCY

DEBT

-

6

.6

%

$

10,000,000

Federal

Farm

Credit

Bank

(FFCB)

0

.000

07/06/22

9,998,056‌

6,000,000

FFCB

0

.000

07/12/22

5,997,452‌

20,000,000

FFCB

0

.000

07/19/22

19,986,010‌

11,786,000

FFCB

0

.000

07/20/22

11,777,355‌

25,835,000

FFCB

0

.000

07/22/22

25,814,056‌

11,000,000

FFCB

0

.000

07/25/22

10,989,809‌

9,630,000

FFCB

0

.000

08/18/22

9,607,966‌

12,309,000

FFCB

0

.000

09/01/22

12,268,750‌

15,000,000

FFCB

0

.000

09/13/22

14,941,033‌

29,115,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

07/01/22

29,115,000‌

37,500,000

FHLB

0

.000

07/07/22

37,491,312‌

10,000,000

FHLB

0

.000

07/11/22

9,996,139‌

28,400,000

FHLB

0

.000

07/12/22

28,387,938‌

18,400,000

FHLB

0

.000

07/13/22

18,391,475‌

69,625,000

FHLB

0

.000

07/15/22

69,587,113‌

20,100,000

FHLB

0

.000

07/18/22

20,086,808‌

11,700,000

FHLB

0

.000

07/19/22

11,691,870‌

10,200,000

FHLB

0

.000

07/22/22

10,191,677‌

15,000,000

FHLB

0

.000

07/29/22

14,983,684‌

30,000,000

FHLB

0

.000

08/01/22

29,955,977‌

35,000,000

FHLB

0

.000

08/02/22

34,946,984‌

8,000,000

FHLB

0

.000

08/05/22

7,986,747‌

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

195

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

GOVERNMENT

AGENCY

DEBT—continued

$

9,070,000

FHLB

0

.000

%

08/09/22

$

9,053,259‌

117,315,000

FHLB

0

.000

08/19/22

117,043,004‌

15,000,000

FHLB

0

.000

08/24/22

14,961,399‌

18,000,000

FHLB

0

.000

09/16/22

17,926,929‌

12,500,000

FHLB

0

.000

12/21/22

12,341,561‌

20,000,000

FHLB

0

.000

12/28/22

19,736,308‌

15,000,000

FHLB

0

.000

02/27/23

14,732,947‌

TOTAL

GOVERNMENT

AGENCY

DEBT

649,988,618‌

REPURCHASE

AGREEMENT

-

1

.7

%

168,955,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

168,955,000‌

TOTAL

REPURCHASE

AGREEMENT

168,955,000‌

TREASURY

DEBT

-

0

.4

%

10,005,000

United

States

Cash

Management

Bill

0

.000

07/05/22

10,004,034‌

25,000,000

United

States

Treasury

Bill

0

.000

08/11/22

24,963,342‌

TOTAL

TREASURY

DEBT

34,967,376‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

3

.3

%

318,304,489

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

318,304,489‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

318,304,489‌

TOTAL

SHORT-TERM

INVESTMENTS

1,172,215,483‌

(Cost

$1,172,754,467)

TOTAL

INVESTMENTS

-

109.4%

10,697,900,340‌

(Cost

$11,624,593,728)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(9.4)%

(

916,236,952‌

)

NET

ASSETS

-

100.0%

$

9,781,663,388‌

CNY

Chinese

Yuan

DOP

Dominican

Republic

Peso

EUR

Euro

GHS

Ghanaian

Cedi

IDR

Indonesian

Rupiah

INR

Indian

Rupee

LIBOR

London

Interbank

Offered

Rate

M

Month

MXN

Mexican

Peso

MYR

Malaysian

Ringgit

REIT

Real

Estate

Investment

Trust

REMIC

Real

Estate

Mortgage

Investment

Conduit

RSD

Serbian

Dinar

RUB

Russian

Ruble

SOFR

Secure

Overnight

Financing

Rate

THB

Thai

Baht

UGX

Ugandan

Shilling

UZS

Uzbekistani

Som

ZAR

South

African

Rand

Portfolio

of

investments

(unaudited)

Core

Bond

Fund

June

30,

2022

196

TIAA-CREF

Funds

concluded

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted. 

*

Non-income

producing

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$314,041,658.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$2,339,120,128

or

23.9%

of

net

assets.

h

All

or

a

portion

of

these

securities

were

purchased

on

a

delayed

delivery

basis.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

o

Payment

in

Kind

Bond

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$168,955,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rates

0.375%–2.250%

and

maturity

dates

11/15/25–11/30/25,

valued

at

$172,334,185.

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

197

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

0.6%

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.2

%

$

23,567

†,i,q

Coastal

Resources

of

Maine

LLC

DGS1

-

0.000%

0

.000

%

03/30/23

$

23,567‌

15,840,000

i

LTR

Intermediate

Holdings,

Inc

LIBOR  3M

+

4.500%

5

.506

05/05/28

14,467,147‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

14,490,714‌

UTILITIES

-

0

.4

%

7,103,052

i

Exgen

Renewables

IV

LLC

LIBOR  3M

+

2.500%

4

.080

12/15/27

6,833,136‌

16,440,000

i

TerraForm

Power

Operating

LLC

SOFR

3M

+

2.750%

4

.161

05/20/29

16,008,450‌

TOTAL

UTILITIES

22,841,586‌

TOTAL

BANK

LOAN

OBLIGATIONS

37,332,300‌

(Cost

$38,996,156)

BONDS

-

96.9%

CORPORATE

BONDS

-

36.4%

AUTOMOBILES

&

COMPONENTS

-

0

.6

%

9,000,000

Aptiv

plc

2

.396

02/18/25

8,594,996‌

3,500,000

Dana,

Inc

4

.250

09/01/30

2,716,710‌

9,525,000

Ford

Motor

Co

3

.250

02/12/32

7,123,747‌

13,025,000

g

Hyundai

Capital

Services,

Inc

1

.250

02/08/26

11,714,328‌

11,025,000

Magna

International,

Inc

2

.450

06/15/30

9,386,256‌

TOTAL

AUTOMOBILES

&

COMPONENTS

39,536,037‌

BANKS

-

5

.9

%

15,000,000

g

ABN

AMRO

Bank

NV

2

.470

12/13/29

12,784,739‌

10,575,000

g

Bank

Hapoalim

BM

3

.255

01/21/32

9,041,625‌

11,986,000

Bank

of

America

Corp

0

.981

09/25/25

11,089,339‌

10,000,000

Bank

of

America

Corp

2

.456

10/22/25

9,525,040‌

15,000,000

i

Bank

of

America

Corp

SOFR

+

0.970%

1

.959

07/22/27

14,300,195‌

12,500,000

Bank

of

America

Corp

2

.087

06/14/29

10,704,766‌

10,000,000

Bank

of

America

Corp

2

.687

04/22/32

8,395,178‌

10,000,000

Bank

of

Montreal

3

.803

12/15/32

9,268,852‌

3,250,000

g

BNP

Paribas

S.A.

1

.904

09/30/28

2,777,435‌

15,300,000

g

BNP

Paribas

S.A.

2

.871

04/19/32

12,648,739‌

1,835,000

Canadian

Imperial

Bank

of

Commerce

0

.950

10/23/25

1,655,174‌

6,250,000

Citigroup,

Inc

0

.776

10/30/24

5,958,101‌

3,125,000

i

Citigroup,

Inc

SOFR

+

0.694%

1

.669

01/25/26

3,018,411‌

5,450,000

Citizens

Bank

NA

2

.250

04/28/25

5,190,968‌

13,750,000

HSBC

Holdings

plc

2

.206

08/17/29

11,548,946‌

10,000,000

i

ING

Groep

NV

LIBOR

3

M

+

1.000%

3

.277

10/02/23

10,029,248‌

10,000,000

g

ING

Groep

NV

1

.400

07/01/26

9,083,760‌

10,000,000

ING

Groep

NV

2

.727

04/01/32

8,322,038‌

6,250,000

g

Intesa

Sanpaolo

S.p.A

3

.250

09/23/24

6,050,668‌

7,200,000

g

Intesa

Sanpaolo

S.p.A

4

.000

09/23/29

6,416,259‌

6,000,000

g

Intesa

Sanpaolo

S.p.A

4

.950

06/01/42

4,053,833‌

3,000,000

g

Itau

Unibanco

Holding

S.A.

3

.875

04/15/31

2,639,205‌

5,000,000

JPMorgan

Chase

&

Co

1

.040

02/04/27

4,422,116‌

10,990,000

JPMorgan

Chase

&

Co

3

.650

N/A‡

9,000,810‌

6,675,000

g

Kookmin

Bank

2

.500

11/04/30

5,624,894‌

4,000,000

Lloyds

Banking

Group

plc

4

.500

11/04/24

3,990,137‌

5,725,000

Lloyds

Banking

Group

plc

3

.870

07/09/25

5,653,730‌

9,500,000

g

National

Australia

Bank

Ltd

2

.332

08/21/30

7,636,581‌

10,000,000

g

National

Australia

Bank

Ltd

2

.990

05/21/31

8,356,207‌

12,150,000

National

Bank

of

Canada

0

.550

11/15/24

11,583,295‌

5,485,000

NatWest

Group

plc

2

.359

05/22/24

5,386,648‌

11,310,000

People's

United

Bank

NA

4

.000

07/15/24

11,247,402‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

198

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

4,500,000

People's

United

Financial,

Inc

3

.650

%

12/06/22

$

4,505,295‌

11,225,000

g

Shinhan

Financial

Group

Co

Ltd

3

.340

02/05/30

10,832,929‌

11,500,000

SVB

Financial

Group

2

.100

05/15/28

9,829,435‌

7,569,000

SVB

Financial

Group

3

.125

06/05/30

6,511,444‌

10,100,000

SVB

Financial

Group

1

.800

02/02/31

7,782,350‌

14,350,000

Truist

Financial

Corp

1

.267

03/02/27

12,852,932‌

14,200,000

g,i

UBS

AG.

SOFR

+

0.450%

1

.619

08/09/24

14,103,538‌

11,675,000

g

UBS

Group

AG.

1

.494

08/10/27

10,216,591‌

5,000,000

g

UBS

Group

AG.

2

.746

02/11/33

4,069,232‌

11,875,000

e,g

UBS

Group

AG.

3

.179

02/11/43

8,948,329‌

15,000,000

g

UniCredit

S.p.A

2

.569

09/22/26

13,418,217‌

3,600,000

g

UniCredit

S.p.A

5

.459

06/30/35

2,909,461‌

11,570,000

g

United

Overseas

Bank

Ltd

2

.000

10/14/31

10,426,132‌

5,800,000

g

USAA

Capital

Corp

1

.500

05/01/23

5,712,904‌

7,435,000

g

USAA

Capital

Corp

2

.125

05/01/30

6,368,317‌

2,375,000

Westpac

Banking

Corp

3

.020

11/18/36

1,911,478‌

TOTAL

BANKS

377,802,923‌

CAPITAL

GOODS

-

1

.2

%

10,450,000

Carrier

Global

Corp

2

.700

02/15/31

8,841,300‌

3,053,000

CNH

Industrial

NV

3

.850

11/15/27

2,874,543‌

10,250,000

g

FMG

Resources

August

2006

Pty

Ltd

6

.125

04/15/32

9,225,000‌

4,925,000

Johnson

Controls

International

plc

1

.750

09/15/30

4,004,289‌

1,560,000

g

Korea

East-West

Power

Co

Ltd

3

.600

05/06/25

1,543,569‌

9,800,000

Masco

Corp

1

.500

02/15/28

8,222,267‌

10,000,000

Otis

Worldwide

Corp

3

.112

02/15/40

7,742,291‌

6,275,000

g,i

Siemens

Financieringsmaatschappij

NV

SOFR

+

0.430%

1

.876

03/11/24

6,220,471‌

12,500,000

g

Siemens

Financieringsmaatschappij

NV

1

.200

03/11/26

11,314,038‌

10,500,000

g

Triton

Container

International

Ltd

1

.150

06/07/24

9,829,936‌

3,500,000

g

Triton

Container

International

Ltd

3

.150

06/15/31

2,828,932‌

3,575,000

Xylem,

Inc

2

.250

01/30/31

2,978,618‌

TOTAL

CAPITAL

GOODS

75,625,254‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.4

%

6,625,000

Council

Of

Europe

Development

Bank

3

.000

06/16/25

6,601,658‌

7,500,000

Mather

Foundation

2

.675

10/01/31

6,585,867‌

15,760,000

Rockefeller

Foundation

2

.492

10/01/50

11,457,876‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

24,645,401‌

CONSUMER

DURABLES

&

APPAREL

-

0

.1

%

5,950,000

Whirlpool

Corp

2

.400

05/15/31

4,931,898‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

4,931,898‌

CONSUMER

SERVICES

-

1

.5

%

2,800,000

Bush

Foundation

2

.754

10/01/50

2,087,310‌

10,750,000

Conservation

Fund

3

.474

12/15/29

9,925,448‌

4,040,000

Henry

J

Kaiser

Family

Foundation

3

.356

12/01/25

3,929,442‌

4,500,000

Low

Income

Investment

Fund

3

.386

07/01/26

4,407,438‌

10,000,000

Low

Income

Investment

Fund

3

.711

07/01/29

9,702,201‌

11,525,000

Massachusetts

Higher

Education

Assistance

Corp

2

.673

07/01/31

10,081,272‌

7,850,000

i

Nature

Conservancy

LIBOR

3

M

+

1.080%

2

.366

02/01/24

7,816,331‌

6,245,000

Nature

Conservancy

3

.957

03/01/52

5,722,268‌

4,100,000

New

York

Public

Library

Astor

Lenox

&

Tilden

Foundations

4

.305

07/01/45

3,981,654‌

9,775,000

Preservation

Of

Affordable

Housing,

Inc

4

.479

12/01/32

9,504,255‌

70,000

Salvation

Army

5

.637

09/01/26

73,822‌

5,000,000

Salvation

Army

4

.528

09/01/48

4,790,509‌

6,850,000

Starbucks

Corp

2

.450

06/15/26

6,460,008‌

11,440,000

Wisconsin

Alumni

Research

Foundation

3

.564

10/01/49

10,082,440‌

5,000,000

YMCA

of

Greater

New

York

5

.021

08/01/38

4,935,282‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

199

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

SERVICES—continued

$

1,500,000

YMCA

of

Greater

New

York

5

.151

%

08/01/48

$

1,461,750‌

TOTAL

CONSUMER

SERVICES

94,961,430‌

DIVERSIFIED

FINANCIALS

-

4

.3

%

9,400,000

i

AerCap

Ireland

Capital

DAC

SOFR

+

0.680%

2

.193

09/29/23

9,271,307‌

10,800,000

AerCap

Ireland

Capital

DAC

1

.750

01/30/26

9,439,557‌

10,500,000

AerCap

Ireland

Capital

DAC

3

.000

10/29/28

8,844,348‌

8,900,000

AerCap

Ireland

Capital

DAC

3

.300

01/30/32

7,124,373‌

12,900,000

American

Express

Co

4

.050

05/03/29

12,647,792‌

11,900,000

g

BPCE

S.A.

1

.652

10/06/26

10,651,785‌

10,000,000

g

BPCE

S.A.

2

.045

10/19/27

8,821,258‌

15,875,000

g

BPCE

S.A.

3

.116

10/19/32

12,791,179‌

8,375,000

Charles

Schwab

Corp

4

.000

N/A‡

6,446,656‌

11,645,000

Community

Preservation

Corp

2

.867

02/01/30

10,369,176‌

5,000,000

g

Credit

Suisse

Group

AG.

1

.305

02/02/27

4,301,254‌

9,750,000

g

Credit

Suisse

Group

AG.

3

.091

05/14/32

7,758,977‌

5,820,000

Enterprise

Community

Loan

Fund,

Inc

4

.152

11/01/28

5,621,882‌

10,000,000

Ford

Foundation

2

.815

06/01/70

6,875,223‌

13,300,000

Goldman

Sachs

Group,

Inc

0

.855

02/12/26

12,099,753‌

8,300,000

ING

Groep

NV

4

.017

03/28/28

7,904,976‌

5,375,000

ING

Groep

NV

4

.252

03/28/33

5,017,507‌

14,500,000

Morgan

Stanley

0

.791

01/22/25

13,706,489‌

11,950,000

Morgan

Stanley

0

.985

12/10/26

10,586,871‌

1,475,000

Morgan

Stanley

1

.512

07/20/27

1,293,619‌

10,000,000

Morgan

Stanley

2

.239

07/21/32

8,101,025‌

14,150,000

Morgan

Stanley

2

.484

09/16/36

10,880,233‌

11,600,000

g,i

NatWest

Markets

plc

SOFR

+

0.530%

1

.739

08/12/24

11,475,294‌

5,000,000

g

NongHyup

Bank

1

.250

07/20/25

4,619,337‌

2,000,000

Reinvestment

Fund,

Inc

3

.166

11/01/23

1,967,764‌

3,000,000

Reinvestment

Fund,

Inc

3

.600

02/15/24

2,971,487‌

2,500,000

Reinvestment

Fund,

Inc

3

.366

11/01/24

2,453,464‌

5,000,000

Reinvestment

Fund,

Inc

3

.513

11/01/25

4,874,555‌

5,000,000

Reinvestment

Fund,

Inc

3

.880

02/15/27

4,861,557‌

10,250,000

g,i

Societe

Generale

S.A.

SOFR

+

1.050%

1

.998

01/21/26

9,879,054‌

11,150,000

g

Societe

Generale

S.A.

2

.889

06/09/32

8,903,350‌

3,125,000

g

Societe

Generale

S.A.

4

.027

01/21/43

2,210,022‌

8,100,000

g

Swiss

Re

Finance

Luxembourg

SA

5

.000

04/02/49

7,658,550‌

7,725,000

Toyota

Motor

Credit

Corp

2

.150

02/13/30

6,687,617‌

4,823,000

g

UBS

Group

AG

1

.008

07/30/24

4,670,088‌

3,450,000

g

WLB

Asset

II

B

Pte

Ltd

3

.950

12/10/24

3,302,750‌

5,425,000

g

WLB

Asset

II

C

Pte

Ltd

3

.900

12/23/25

5,190,953‌

1,925,000

g

WLB

Asset

II

Pte

Ltd

4

.000

01/14/24

1,888,519‌

TOTAL

DIVERSIFIED

FINANCIALS

274,169,601‌

ENERGY

-

2

.2

%

7,500,000

g

Aker

BP

ASA

2

.875

01/15/26

7,089,950‌

10,000,000

g

Aker

BP

ASA

4

.000

01/15/31

8,982,418‌

9,875,000

BP

Capital

Markets

America,

Inc

2

.772

11/10/50

6,850,823‌

2,650,000

Cenovus

Energy,

Inc

2

.650

01/15/32

2,191,558‌

6,550,000

e

Cenovus

Energy,

Inc

3

.750

02/15/52

4,975,702‌

9,575,000

ConocoPhillips

Co

3

.800

03/15/52

8,193,461‌

7,600,000

Enbridge,

Inc

2

.500

01/15/25

7,312,736‌

5,830,000

Enbridge,

Inc

5

.750

07/15/80

5,330,486‌

6,375,000

EQT

Corp

6

.625

02/01/25

6,558,154‌

1,000,000

Equinor

ASA

2

.450

01/17/23

999,027‌

2,000,000

Equinor

ASA

3

.700

03/01/24

2,008,686‌

7,725,000

Equinor

ASA

2

.375

05/22/30

6,770,107‌

3,000,000

Equinor

ASA

3

.950

05/15/43

2,662,020‌

9,110,000

Equinor

ASA

3

.250

11/18/49

7,223,333‌

1,925,000

ONEOK,

Inc

4

.000

07/13/27

1,853,797‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

200

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

7,246,000

ONEOK,

Inc

3

.400

%

09/01/29

$

6,396,820‌

13,500,000

ONEOK,

Inc

3

.100

03/15/30

11,606,263‌

3,350,000

ONEOK,

Inc

4

.950

07/13/47

2,856,161‌

6,100,000

ONEOK,

Inc

4

.450

09/01/49

4,858,257‌

11,700,000

g

Santos

Finance

Ltd

3

.649

04/29/31

9,923,889‌

6,350,000

e,g

Sunnova

Energy

Corp

5

.875

09/01/26

5,524,546‌

12,850,000

Total

Capital

International

S.A.

2

.986

06/29/41

10,123,136‌

11,550,000

Total

Capital

International

S.A.

3

.127

05/29/50

8,828,823‌

TOTAL

ENERGY

139,120,153‌

FOOD

&

STAPLES

RETAILING

-

0

.4

%

11,225,000

SYSCO

Corp

2

.400

02/15/30

9,572,731‌

18,025,000

Walmart,

Inc

1

.800

09/22/31

15,303,311‌

TOTAL

FOOD

&

STAPLES

RETAILING

24,876,042‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.5

%

6,150,000

g

Coca-Cola

European

Partners

plc

1

.500

01/15/27

5,456,915‌

8,500,000

g

NBM

US

Holdings,

Inc

6

.625

08/06/29

8,160,000‌

20,310,000

PepsiCo,

Inc

2

.875

10/15/49

16,125,464‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

29,742,379‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0

.3

%

6,900,000

Cigna

Corp

0

.613

03/15/24

6,570,891‌

2,250,000

Mary

Free

Bed

Rehabilitation

Hospital

3

.786

04/01/51

1,856,372‌

10,385,000

Stanford

Health

Care

3

.027

08/15/51

7,905,427‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

16,332,690‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.7

%

5,300,000

Procter

&

Gamble

Co

3

.000

03/25/30

5,000,479‌

12,125,000

Procter

&

Gamble

Co

1

.200

10/29/30

9,901,185‌

3,000,000

Unilever

Capital

Corp

0

.626

08/12/24

2,829,756‌

13,750,000

Unilever

Capital

Corp

2

.000

07/28/26

12,937,526‌

5,528,000

e

Unilever

Capital

Corp

2

.125

09/06/29

4,871,485‌

6,125,000

Unilever

Capital

Corp

1

.375

09/14/30

4,979,156‌

9,425,000

Unilever

Capital

Corp

2

.625

08/12/51

6,811,915‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

47,331,502‌

INSURANCE

-

1

.2

%

7,703,000

g

AIA

Group

Ltd

3

.375

04/07/30

7,208,342‌

11,400,000

g

Empower

Finance

2020

LP

1

.357

09/17/27

9,807,507‌

4,950,000

g

Empower

Finance

2020

LP

1

.776

03/17/31

3,970,185‌

9,735,000

First

American

Financial

Corp

2

.400

08/15/31

7,506,123‌

7,725,000

g

Five

Corners

Funding

Trust

4

.419

11/15/23

7,767,499‌

13,325,000

g

Five

Corners

Funding

Trust

II

2

.850

05/15/30

11,591,937‌

4,100,000

g

Great-West

Lifeco

US

Finance

2020

LP

0

.904

08/12/25

3,720,061‌

1,500,000

g

HCA,

Inc

4

.375

03/15/42

1,207,233‌

5,200,000

g

Muenchener

Rueckversicherungs-Gesellschaft

AG.

in

Muenchen

5

.875

05/23/42

5,226,000‌

5,000,000

Progressive

Corp

3

.700

01/26/45

4,265,351‌

4,499,000

Reinsurance

Group

of

America,

Inc

3

.900

05/15/29

4,231,581‌

6,100,000

Reinsurance

Group

of

America,

Inc

3

.150

06/15/30

5,388,852‌

6,674,000

g

Swiss

Re

Treasury

US

Corp

4

.250

12/06/42

6,171,643‌

TOTAL

INSURANCE

78,062,314‌

MATERIALS

-

1

.4

%

10,000,000

Albemarle

Corp

5

.650

06/01/52

9,997,100‌

6,550,000

e,g

Celulosa

Arauco

y

Constitucion

S.A.

4

.200

01/29/30

5,813,125‌

10,000,000

g

Celulosa

Arauco

y

Constitucion

S.A.

5

.150

01/29/50

8,175,000‌

1,434,000

International

Paper

Co

4

.800

06/15/44

1,346,047‌

5,750,000

e,g

Inversiones

CMPC

S.A.

4

.375

04/04/27

5,476,875‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

201

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

5,940,000

g

LG

Chem

Ltd

3

.625

%

04/15/29

$

5,650,072‌

5,925,000

LYB

International

Finance

III

LLC

3

.375

10/01/40

4,561,560‌

5,000,000

Newmont

Corp

2

.250

10/01/30

4,150,273‌

9,875,000

PPG

Industries,

Inc

1

.200

03/15/26

8,871,257‌

11,500,000

Sonoco

Products

Co

1

.800

02/01/25

10,793,654‌

5,525,000

Sonoco

Products

Co

2

.250

02/01/27

4,969,213‌

12,750,000

Sonoco

Products

Co

2

.850

02/01/32

10,644,804‌

10,000,000

e

Teck

Resources

Ltd

3

.900

07/15/30

9,197,818‌

TOTAL

MATERIALS

89,646,798‌

MEDIA

&

ENTERTAINMENT

-

0

.6

%

10,000,000

Alphabet,

Inc

1

.100

08/15/30

8,207,235‌

6,425,000

g

Magallanes,

Inc

5

.050

03/15/42

5,466,326‌

8,750,000

Paramount

Global

6

.375

03/30/62

7,812,000‌

9,100,000

g

RGA

Global

Funding

2

.700

01/18/29

8,050,999‌

4,070,000

Tote

Shipholdings

LLC

3

.400

10/16/40

3,930,741‌

2,691,000

Tote

Shipholdings

LLC

3

.450

01/22/41

2,608,475‌

TOTAL

MEDIA

&

ENTERTAINMENT

36,075,776‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

2

.0

%

10,125,000

Amgen,

Inc

3

.000

01/15/52

7,179,525‌

4,800,000

Bristol-Myers

Squibb

Co

2

.350

11/13/40

3,550,604‌

10,000,000

Bristol-Myers

Squibb

Co

3

.550

03/15/42

8,784,969‌

7,700,000

Bristol-Myers

Squibb

Co

2

.550

11/13/50

5,447,498‌

11,825,000

Bristol-Myers

Squibb

Co

3

.700

03/15/52

10,212,944‌

8,975,000

Danaher

Corp

2

.800

12/10/51

6,465,418‌

5,350,000

Gilead

Sciences,

Inc

2

.600

10/01/40

3,911,352‌

14,150,000

Gilead

Sciences,

Inc

2

.800

10/01/50

9,874,430‌

12,550,000

Merck

&

Co,

Inc

2

.150

12/10/31

10,795,278‌

8,800,000

Merck

&

Co,

Inc

2

.750

12/10/51

6,498,612‌

7,000,000

PerkinElmer,

Inc

2

.250

09/15/31

5,531,332‌

5,400,000

Pfizer,

Inc

1

.750

08/18/31

4,515,914‌

5,674,000

g

Roche

Holdings,

Inc

2

.375

01/28/27

5,357,104‌

11,125,000

g

Roche

Holdings,

Inc

1

.930

12/13/28

9,832,696‌

9,175,000

Takeda

Pharmaceutical

Co

Ltd

4

.400

11/26/23

9,243,629‌

14,681,000

Takeda

Pharmaceutical

Co

Ltd

2

.050

03/31/30

12,279,401‌

8,500,000

Takeda

Pharmaceutical

Co

Ltd

3

.175

07/09/50

6,361,891‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

125,842,597‌

REAL

ESTATE

-

1

.6

%

1,975,000

Brandywine

Operating

Partnership

LP

3

.950

02/15/23

1,970,225‌

6,225,000

Brandywine

Operating

Partnership

LP

3

.950

11/15/27

5,871,846‌

6,875,000

Brixmor

Operating

Partnership

LP

3

.900

03/15/27

6,576,137‌

6,600,000

Brixmor

Operating

Partnership

LP

2

.250

04/01/28

5,659,780‌

5,975,000

Corporate

Office

Properties

LP

2

.750

04/15/31

4,830,972‌

6,600,000

Duke

Realty

LP

2

.875

11/15/29

5,930,796‌

8,800,000

Federal

Realty

Investment

Trust

1

.250

02/15/26

7,873,009‌

10,000,000

g

HAT

Holdings

I

LLC

3

.375

06/15/26

8,600,000‌

10,000,000

g

HAT

Holdings

I

LLC

3

.750

09/15/30

7,975,000‌

5,125,000

Healthpeak

Properties,

Inc

2

.125

12/01/28

4,426,047‌

3,900,000

Host

Hotels

&

Resorts

LP

2

.900

12/15/31

3,096,470‌

4,725,000

Kilroy

Realty

LP

3

.450

12/15/24

4,607,783‌

8,000,000

National

Community

Renaissance

of

California

3

.270

12/01/32

6,693,523‌

5,442,000

Piedmont

Operating

Partnership

LP

3

.400

06/01/23

5,414,554‌

9,157,000

Regency

Centers

LP

3

.750

06/15/24

9,099,030‌

8,090,000

g

Scentre

Group

Trust

2

5

.125

09/24/80

6,669,706‌

4,650,000

g

Starwood

Property

Trust,

Inc

4

.375

01/15/27

4,036,479‌

7,310,000

UDR,

Inc

1

.900

03/15/33

5,523,519‌

TOTAL

REAL

ESTATE

104,854,876‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

202

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING

-

0

.4

%

$

2,800,000

Advance

Auto

Parts,

Inc

1

.750

%

10/01/27

$

2,379,139‌

3,100,000

AutoNation,

Inc

3

.850

03/01/32

2,671,128‌

6,200,000

Genuine

Parts

Co

1

.750

02/01/25

5,841,451‌

1,825,000

Genuine

Parts

Co

1

.875

11/01/30

1,442,161‌

7,250,000

Genuine

Parts

Co

2

.750

02/01/32

5,998,029‌

5,000,000

Home

Depot,

Inc

3

.350

04/15/50

4,059,993‌

5,525,000

Lowe's

Cos,

Inc

2

.800

09/15/41

4,012,668‌

TOTAL

RETAILING

26,404,569‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.2

%

8,158,000

NXP

BV

3

.400

05/01/30

7,196,390‌

10,000,000

g

SK

Hynix,

Inc

2

.375

01/19/31

7,875,912‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

15,072,302‌

SOFTWARE

&

SERVICES

-

0

.6

%

3,250,000

Autodesk,

Inc

2

.400

12/15/31

2,652,672‌

9,500,000

Automatic

Data

Processing,

Inc

1

.700

05/15/28

8,544,526‌

12,875,000

Automatic

Data

Processing,

Inc

1

.250

09/01/30

10,516,031‌

7,725,000

Mastercard,

Inc

1

.900

03/15/31

6,596,007‌

3,400,000

Roper

Technologies,

Inc

1

.400

09/15/27

2,912,348‌

10,000,000

Visa,

Inc

1

.100

02/15/31

8,000,040‌

TOTAL

SOFTWARE

&

SERVICES

39,221,624‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.1

%

3,839,000

Apple,

Inc

2

.850

02/23/23

3,840,429‌

5,750,000

Apple,

Inc

3

.000

06/20/27

5,621,709‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

9,462,138‌

TELECOMMUNICATION

SERVICES

-

0

.7

%

9,000,000

i

Verizon

Communications,

Inc

SOFR

+

0.790%

2

.296

03/20/26

8,848,896‌

14,225,000

Verizon

Communications,

Inc

2

.550

03/21/31

12,162,482‌

22,950,000

Verizon

Communications,

Inc

3

.400

03/22/41

18,682,147‌

5,000,000

Vodafone

Group

plc

4

.125

06/04/81

3,739,408‌

TOTAL

TELECOMMUNICATION

SERVICES

43,432,933‌

TRANSPORTATION

-

0

.2

%

6,950,000

Canadian

Pacific

Railway

Co

2

.450

12/02/31

5,946,318‌

5,650,000

Canadian

Pacific

Railway

Co

3

.000

12/02/41

4,419,431‌

TOTAL

TRANSPORTATION

10,365,749‌

UTILITIES

-

9

.3

%

12,450,000

AES

Corp

2

.450

01/15/31

10,013,134‌

8,750,000

g

AES

Gener

S.A.

6

.350

10/07/79

7,732,766‌

8,500,000

Algonquin

Power

&

Utilities

Corp

4

.750

01/18/82

7,054,841‌

12,350,000

Ameren

Illinois

Co

2

.900

06/15/51

9,048,443‌

3,605,000

Arizona

Public

Service

Co

3

.750

05/15/46

2,911,583‌

4,500,000

Atlantic

City

Electric

Co

2

.300

03/15/31

3,883,561‌

5,420,000

e,g

Atlantica

Sustainable

Infrastructure

plc

4

.125

06/15/28

4,719,633‌

8,884,000

Avangrid,

Inc

3

.200

04/15/25

8,638,733‌

7,500,000

Avangrid,

Inc

3

.800

06/01/29

7,016,373‌

5,025,000

Avista

Corp

4

.350

06/01/48

4,737,383‌

5,025,000

g

Azure

Power

Solar

Energy

Pvt

Ltd

5

.650

12/24/24

4,746,365‌

10,000,000

g

Brooklyn

Union

Gas

Co

4

.487

03/04/49

8,479,071‌

9,850,000

CenterPoint

Energy

Houston

Electric

LLC

2

.350

04/01/31

8,564,185‌

7,350,000

CenterPoint

Energy

Houston

Electric

LLC

3

.350

04/01/51

5,970,395‌

11,155,000

i

CenterPoint

Energy

Resources

Corp

LIBOR

3

M

+

0.500%

2

.111

03/02/23

11,123,655‌

3,250,000

g

Clearway

Energy

Operating

LLC

4

.750

03/15/28

2,923,966‌

10,000,000

g

Clearway

Energy

Operating

LLC

3

.750

02/15/31

8,062,200‌

3,050,000

CMS

Energy

Corp

4

.750

06/01/50

2,672,471‌

10,250,000

g

Colbun

S.A.

3

.150

01/19/32

8,233,825‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

203

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

14,500,000

Commonwealth

Edison

Co

2

.750

%

09/01/51

$

10,312,819‌

6,475,000

g

Consorcio

Transmantaro

SA

4

.700

04/16/34

5,802,377‌

13,850,000

Consumers

Energy

Co

2

.500

05/01/60

8,967,201‌

5,713,193

g

Continental

Wind

LLC

6

.000

02/28/33

6,063,598‌

4,970,700

g

Continuum

Energy

Levanter

Pte

Ltd

4

.500

02/09/27

3,921,684‌

7,115,000

Dominion

Energy,

Inc

3

.600

03/15/27

6,923,026‌

14,777,000

Dominion

Energy,

Inc

2

.250

08/15/31

12,148,825‌

8,325,000

Dominion

Energy,

Inc

4

.350

N/A‡

6,847,313‌

4,850,000

Dominion

Energy,

Inc

(Step

Bond)

3

.071

08/15/24

4,735,005‌

11,725,000

DTE

Electric

Co

1

.900

04/01/28

10,449,601‌

9,025,000

DTE

Electric

Co

3

.250

04/01/51

7,260,936‌

12,000,000

DTE

Energy

Co

2

.850

10/01/26

11,344,829‌

10,000,000

Duke

Energy

Florida

LLC

2

.500

12/01/29

8,885,602‌

1,000,000

Duke

Energy

Progress

LLC

3

.450

03/15/29

951,081‌

3,350,000

g

East

Ohio

Gas

Co

1

.300

06/15/25

3,080,039‌

8,850,000

Eastern

Energy

Gas

Holdings

LLC

2

.500

11/15/24

8,548,727‌

6,575,000

g

EDP

Finance

BV

3

.625

07/15/24

6,527,520‌

2,312,000

g

EDP

Finance

BV

1

.710

01/24/28

1,981,246‌

7,059,000

g

Electricite

de

France

S.A.

3

.625

10/13/25

6,932,168‌

8,500,000

Essential

Utilities,

Inc

2

.704

04/15/30

7,392,597‌

7,800,000

Essential

Utilities,

Inc

3

.351

04/15/50

5,883,294‌

4,250,000

Evergy,

Inc

2

.550

07/01/26

4,027,209‌

8,882,000

Georgia

Power

Co

3

.250

04/01/26

8,623,848‌

250,000

Georgia

Power

Co

3

.250

03/15/51

183,559‌

8,700,000

Georgia

Power

Co

5

.125

05/15/52

8,622,682‌

8,323,425

g

India

Cleantech

Energy

4

.700

08/10/26

6,721,593‌

9,700,000

Interstate

Power

&

Light

Co

3

.500

09/30/49

7,731,275‌

7,925,000

g

Korea

Hydro

&

Nuclear

Power

Co

Ltd

3

.750

07/25/23

7,964,150‌

14,750,000

g

Liberty

Utilities

Finance

GP

2

.050

09/15/30

12,094,357‌

2,498,000

g

Massachusetts

Electric

Co

1

.729

11/24/30

1,979,834‌

6,875,000

MidAmerican

Energy

Co

3

.100

05/01/27

6,636,134‌

12,626,000

National

Fuel

Gas

Co

5

.500

01/15/26

12,672,248‌

2,000,000

National

Fuel

Gas

Co

3

.950

09/15/27

1,866,573‌

3,400,000

National

Fuel

Gas

Co

4

.750

09/01/28

3,338,759‌

11,274,000

National

Fuel

Gas

Co

2

.950

03/01/31

9,150,707‌

11,250,000

g

New

York

State

Electric

&

Gas

Corp

2

.150

10/01/31

9,275,521‌

16,000,000

g

Niagara

Mohawk

Power

Corp

1

.960

06/27/30

13,237,555‌

750,000

g

Niagara

Mohawk

Power

Corp

4

.278

10/01/34

713,018‌

9,700,000

NiSource,

Inc

5

.000

06/15/52

9,472,562‌

5,250,000

Northwest

Natural

Gas

Co

3

.078

12/01/51

3,964,317‌

4,408,000

NorthWestern

Corp

4

.176

11/15/44

3,832,115‌

6,975,000

OGE

Energy

Corp

0

.703

05/26/23

6,796,828‌

10,750,000

PacifiCorp

2

.900

06/15/52

7,838,535‌

7,075,000

Piedmont

Natural

Gas

Co,

Inc

3

.350

06/01/50

5,261,717‌

3,625,000

Public

Service

Co

of

Colorado

3

.200

03/01/50

2,845,686‌

1,000,000

Public

Service

Co

of

New

Hampshire

3

.500

11/01/23

1,001,815‌

2,975,000

Public

Service

Co

of

New

Hampshire

3

.600

07/01/49

2,480,992‌

6,150,000

Public

Service

Electric

&

Gas

Co

3

.200

08/01/49

4,870,403‌

7,500,000

San

Diego

Gas

&

Electric

Co

4

.150

05/15/48

6,840,222‌

13,988,000

San

Diego

Gas

&

Electric

Co

2

.950

08/15/51

10,314,159‌

3,280,000

SCE

Recovery

Funding

LLC

1

.977

11/15/28

3,096,241‌

7,100,000

SCE

Recovery

Funding

LLC

2

.943

11/15/42

6,302,803‌

2,640,000

SCE

Recovery

Funding

LLC

3

.240

11/15/46

2,200,326‌

5,000,000

Sempra

Energy

4

.875

N/A‡

4,599,904‌

6,250,000

g

Sociedad

de

Transmision

Austral

S.A.

4

.000

01/27/32

4,854,750‌

2,349,042

g

Solar

Star

Funding

LLC

3

.950

06/30/35

2,338,451‌

4,703,298

g

Solar

Star

Funding

LLC

5

.375

06/30/35

5,092,766‌

5,000,000

Southern

California

Edison

Co

3

.450

02/01/52

3,720,717‌

13,788,000

Southern

Power

Co

4

.150

12/01/25

13,801,700‌

14,825,000

Southwestern

Electric

Power

Co

3

.250

11/01/51

10,969,690‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

204

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

2,875,000

Southwestern

Public

Service

Co

3

.750

%

06/15/49

$

2,421,998‌

18,529,000

Southwestern

Public

Service

Co

3

.150

05/01/50

14,145,118‌

4,771,660

g

Star

Energy

Geothermal

Wayang

Windu

Ltd

6

.750

04/24/33

4,487,746‌

15,750,000

g

Sweihan

PV

Power

Co

PJSC

3

.625

01/31/49

13,026,321‌

5,000,000

g

TerraForm

Power

Operating

LLC

5

.000

01/31/28

4,528,700‌

7,585,976

g

Topaz

Solar

Farms

LLC

4

.875

09/30/39

6,542,904‌

806,600

g

Topaz

Solar

Farms

LLC

5

.750

09/30/39

731,990‌

5,000,000

Tucson

Electric

Power

Co

1

.500

08/01/30

3,988,163‌

8,305,191

g

UEP

Penonome

II

S.A.

6

.500

10/01/38

7,734,209‌

15,000,000

Union

Electric

Co

2

.150

03/15/32

12,458,640‌

16,400,000

Union

Electric

Co

2

.625

03/15/51

11,370,971‌

6,275,000

Union

Electric

Co

3

.900

04/01/52

5,519,542‌

1,850,000

g

Vistra

Corp

7

.000

N/A‡

1,678,875‌

TOTAL

UTILITIES

597,462,969‌

TOTAL

CORPORATE

BONDS

2,324,979,955‌

(Cost

$2,678,431,542)

GOVERNMENT

BONDS

-

47.6%

AGENCY

SECURITIES

-

4

.6

%

1,512,000

Canal

Barge

Co,

Inc

4

.500

11/12/34

1,550,409‌

13,323,954

Crowley

Conro

LLC

4

.181

08/15/43

13,518,235‌

435,495

Ethiopian

Leasing

LLC

2

.566

08/14/26

423,490‌

254,406

Excalibur

One

77B

LLC

1

.492

01/01/25

248,368‌

11,250,000

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

0

.125

07/25/22

11,240,034‌

23,000,000

FHLMC

0

.375

05/05/23

22,510,856‌

18,700,000

FHLMC

0

.250

08/24/23

18,133,538‌

13,600,000

FHLMC

0

.250

09/08/23

13,177,918‌

22,692,000

FHLMC

0

.250

12/04/23

21,834,016‌

14,000,000

FHLMC

1

.500

02/12/25

13,457,460‌

17,500,000

Federal

National

Mortgage

Association

(FNMA)

0

.250

07/10/23

17,036,137‌

8,600,000

FNMA

0

.625

04/22/25

8,041,891‌

16,800,000

FNMA

0

.875

08/05/30

13,899,503‌

7,909,000

Hashemite

Kingdom

of

Jordan

Government

AID

Bond

3

.000

06/30/25

7,850,808‌

4,495,087

HNA

LLC

2

.369

09/18/27

4,360,502‌

515,500

i

Housing

and

Urban

Development

Corp

Ltd

LIBOR

6

M

+

0.035%

1

.166

09/15/30

510,746‌

694,442

i

Jupiter

Aircraft

Leasing

LLC

LIBOR

3

M

+

0.240%

1

.688

08/19/23

692,892‌

694,440

i

Jupiter

Aircraft

Leasing

LLC

LIBOR

3

M

+

0.240%

2

.363

09/22/23

692,357‌

974,183

Overseas

Private

Investment

Corp

(OPIC)

2

.040

12/15/26

957,074‌

4,045,347

OPIC

3

.220

09/15/29

4,020,524‌

5,038,383

OPIC

1

.790

10/15/29

4,738,722‌

12,595,959

OPIC

2

.360

10/15/29

12,113,872‌

875,200

OPIC

4

.140

05/15/30

900,147‌

789,650

OPIC

3

.330

05/15/33

784,086‌

9,072,431

OPIC

3

.430

06/01/33

9,012,123‌

5,592,180

OPIC

2

.040

06/15/35

5,035,058‌

9,708,883

OPIC

2

.290

07/15/38

8,706,121‌

5,339,886

OPIC

2

.450

07/15/38

4,848,577‌

15,500,000

Private

Export

Funding

Corp

(PEFCO)

2

.050

11/15/22

15,468,708‌

1,926,000

PEFCO

3

.550

01/15/24

1,939,819‌

1,765,000

PEFCO

3

.250

06/15/25

1,765,686‌

12,633,111

Thirax  LLC

0

.968

01/14/33

10,978,423‌

3,927,463

Thirax

2

LLC

2

.320

01/22/34

3,622,638‌

1,775,000

United

States

International

Development

Finance

Corp

1

.440

04/15/28

1,609,115‌

1,000,000

United

States

International

Development

Finance

Corp

1

.650

04/15/28

915,941‌

1,553,502

United

States

International

Development

Finance

Corp

1

.050

10/15/29

1,418,783‌

4,174,820

United

States

International

Development

Finance

Corp

1

.670

07/15/38

3,564,517‌

2,500,000

US

Department

of

Housing

and

Urban

Development

(HUD)

2

.618

08/01/23

2,487,549‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

205

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

AGENCY

SECURITIES—continued

$

2,000,000

HUD

2

.800

%

08/01/23

$

1,993,966‌

371,000

HUD

2

.910

08/01/23

370,987‌

2,257,000

HUD

2

.960

08/01/24

2,256,690‌

3,726,000

HUD

2

.870

08/01/27

3,621,247‌

420,000

HUD

5

.380

08/01/27

420,961‌

4,675,000

HUD

2

.985

08/01/28

4,603,775‌

1,931,000

HUD

3

.185

08/01/29

1,929,021‌

1,750,000

HUD

3

.585

08/01/37

1,849,614‌

875,000

VCM

Lease

S.A.

2

.516

09/28/27

849,219‌

4,414,000

Vessel

Management

Services,

Inc

3

.432

08/15/36

4,290,685‌

8,245,000

Vessel

Management

Services,

Inc

3

.477

01/16/37

8,035,898‌

1,687,746

i

Washington

Aircraft

2

Co

Ltd

LIBOR

3

M

+

0.430%

2

.627

06/26/24

1,682,743‌

TOTAL

AGENCY

SECURITIES

295,971,449‌

FOREIGN

GOVERNMENT

BONDS

-

7

.1

%

12,750,000

African

Development

Bank

0

.750

04/03/23

12,553,263‌

11,850,000

g

Arab

Petroleum

Investments

Corp

1

.483

10/06/26

10,712,316‌

1,000,000

Asian

Development

Bank

1

.875

08/10/22

999,964‌

1,000,000

Asian

Development

Bank

2

.125

03/19/25

973,903‌

9,732,000

Asian

Development

Bank

1

.750

08/14/26

9,190,209‌

16,194,000

Asian

Development

Bank

3

.125

09/26/28

16,070,712‌

12,500,000

Asian

Development

Bank

1

.500

03/04/31

10,909,673‌

EUR

7,925,000

g

Banque

Ouest

Africaine

de

Developpement

2

.750

01/22/33

6,537,123‌

7,500,000

g

BNG

Bank

NV

2

.625

02/27/24

7,440,261‌

CLP

9,475,000,000

g

Bonos

de

la

Tesoreria

de

la

Republica

en

pesos

2

.300

10/01/28

8,205,921‌

8,500,000

g

Caisse

d'Amortissement

de

la

Dette

Sociale

0

.375

09/23/25

7,763,792‌

4,750,000

g

Caisse

d'Amortissement

de

la

Dette

Sociale

1

.375

01/20/31

4,042,133‌

19,600,000

Canada

Government

International

Bond

2

.875

04/28/25

19,461,675‌

7,000,000

g

CDP

Financial,

Inc

1

.000

05/26/26

6,408,413‌

10,050,000

Chile

Government

International

Bond

3

.100

05/07/41

7,646,546‌

9,500,000

Chile

Government

International

Bond

3

.500

01/25/50

7,256,758‌

12,500,000

g

Development

Bank

of

Japan,

Inc

0

.500

03/04/24

11,950,314‌

9,875,000

e,g

Egypt

Government

International

Bond

5

.250

10/06/25

8,078,335‌

15,000,000

European

Bank

for

Reconstruction

&

Development

1

.625

09/27/24

14,539,346‌

1,000,000

European

Bank

for

Reconstruction

&

Development

1

.500

02/13/25

960,141‌

1,250,000

European

Investment

Bank

2

.375

05/24/27

1,206,362‌

3,725,000

European

Investment

Bank

0

.625

10/21/27

3,266,222‌

10,500,000

e

European

Investment

Bank

1

.625

10/09/29

9,492,151‌

10,279,000

European

Investment

Bank

0

.750

09/23/30

8,525,711‌

9,300,000

g

European

Stability

Mechanism

1

.375

09/11/24

8,962,789‌

3,650,000

g

Guatemala

Government

International

Bond

5

.375

04/24/32

3,351,868‌

10,625,000

Inter-American

Investment

Corp

2

.625

04/22/25

10,449,440‌

10,000,000

International

Bank

for

Reconstruction

&

Development

0

.625

04/22/25

9,332,339‌

4,750,000

International

Bank

for

Reconstruction

&

Development

3

.125

11/20/25

4,750,493‌

20,000,000

International

Bank

for

Reconstruction

&

Development

0

.000

03/31/27

18,298,200‌

2,900,000

International

Bank

for

Reconstruction

&

Development

2

.750

05/31/36

2,587,459‌

10,450,000

g

International

Development

Association

2

.750

04/24/23

10,427,324‌

5,000,000

International

Finance

Corp

2

.000

10/24/22

4,993,900‌

110,000

i

International

Finance

Corp

LIBOR

3

M

+

0.070%

1

.899

12/15/22

109,963‌

7,375,000

International

Finance

Corp

0

.500

03/20/23

7,251,469‌

3,250,000

International

Finance

Corp

2

.125

04/07/26

3,128,840‌

3,350,000

g

Japan

Finance

Organization

for

Municipalities

3

.375

09/27/23

3,356,218‌

8,750,000

e

Japan

International

Cooperation

Agency

1

.750

04/28/31

7,556,274‌

6,000,000

g

Kommunalbanken

AS.

2

.125

02/11/25

5,851,448‌

10,100,000

g

Korea

Electric

Power

Corp

1

.125

06/15/25

9,350,681‌

9,200,000

i

Kreditanstalt

fuer

Wiederaufbau

SOFR

+

1.000%

2

.169

02/12/24

9,330,502‌

11,750,000

Kreditanstalt

fuer

Wiederaufbau

0

.250

03/08/24

11,209,441‌

9,537,000

Kreditanstalt

fuer

Wiederaufbau

1

.000

10/01/26

8,735,554‌

3,586,000

Kreditanstalt

fuer

Wiederaufbau

0

.750

09/30/30

2,964,821‌

13,250,000

Landwirtschaftliche

Rentenbank

0

.875

09/03/30

11,063,811‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

206

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

6,000,000

g

Nederlandse

Waterschapsbank

NV

3

.125

%

12/05/22

$

6,011,816‌

10,000,000

g

Nederlandse

Waterschapsbank

NV

1

.750

01/15/25

9,670,564‌

7,750,000

g

Nederlandse

Waterschapsbank

NV

2

.375

03/24/26

7,512,251‌

2,500,000

North

American

Development

Bank

2

.400

10/26/22

2,494,942‌

11,250,000

g

OMERS

Finance

Trust

3

.500

04/19/32

10,969,157‌

8,000,000

g

OMERS

Finance

Trust

4

.000

04/19/52

7,474,931‌

6,000,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

3

.750

03/01/23

6,013,636‌

5,900,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

3

.900

08/20/24

5,911,269‌

10,690,000

Peruvian

Government

International

Bond

3

.000

01/15/34

8,769,062‌

500,000

Province

of

Manitoba

Canada

3

.050

05/14/24

498,585‌

5,000,000

Province

of

Quebec

Canada

2

.750

04/12/27

4,880,811‌

15,000,000

e

Province

of

Quebec

Canada

1

.900

04/21/31

13,202,555‌

10,000,000

Republic

of

Italy

Government

International

Bond

2

.875

10/17/29

8,779,804‌

10,750,000

Republic

of

Italy

Government

International

Bond

4

.000

10/17/49

8,889,512‌

4,250,000

Seychelles

International

Bond

6

.500

10/11/28

3,527,457‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

451,860,430‌

MORTGAGE

BACKED

-

15

.6

%

5,100,000

g,i

Connecticut

Avenue

Securities

Trust

2

.826

12/25/41

4,594,384‌

3,000,000

g,i

Connecticut

Avenue

Securities

Trust

5

.426

01/25/42

2,629,760‌

6,340,000

g,i

Connecticut

Avenue

Securities

Trust

4

.026

03/25/42

5,928,462‌

11,580,000

g,i

Connecticut

Avenue

Securities

Trust

4

.798

05/25/42

11,261,688‌

6,090,000

g,i

Fannie

CAS

5

.576

06/25/42

6,112,837‌

91,873

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

4

.000

06/01/42

92,371‌

533,627

i

FHLMC

LIBOR

1

M

+

5.920%

4

.596

03/15/44

66,317‌

5,051,850

FHLMC

4

.000

10/01/47

5,077,232‌

17,805,926

FHLMC

4

.000

06/01/48

17,849,427‌

849,271

i

FHLMC

LIBOR

1

M

+

9.920%

7

.802

06/15/48

869,842‌

4,657,285

FHLMC

4

.000

07/01/48

4,667,772‌

748,549

i

FHLMC

LIBOR

1

M

+

9.840%

7

.722

10/15/48

746,657‌

4,183,235

FHLMC

4

.000

09/01/49

4,188,263‌

2,443,469

FHLMC

3

.000

11/01/49

2,301,621‌

8,979,049

FHLMC

2

.000

09/25/50

1,058,506‌

15,479,685

FHLMC

2

.500

02/25/51

2,493,644‌

9,369,729

FHLMC

3

.000

11/01/51

8,861,800‌

435,245

FHLMC

3

.000

11/01/51

409,191‌

1,162,565

FHLMC

3

.000

11/01/51

1,105,596‌

1,695,014

FHLMC

3

.000

11/01/51

1,602,602‌

19,038,794

FHLMC

2

.000

02/01/52

16,597,080‌

21,321,855

FHLMC

2

.500

02/01/52

19,261,261‌

15,496,271

FHLMC

2

.500

03/01/52

14,003,287‌

20,117,934

FHLMC

2

.500

03/01/52

18,170,344‌

2,507,984

FHLMC

3

.000

04/01/52

2,344,110‌

101,298

Federal

Home

Loan

Mortgage

Corp

Gold

(FGLMC)

5

.000

06/01/36

106,676‌

94,377

FGLMC

4

.500

12/01/43

97,730‌

91,542

FGLMC

4

.500

02/01/44

94,767‌

816,747

FGLMC

5

.000

08/01/44

860,769‌

146,042

FGLMC

3

.500

04/01/45

143,603‌

3,312,041

FGLMC

3

.500

08/01/45

3,266,263‌

973,801

FGLMC

4

.000

12/01/45

984,027‌

1,788,301

FGLMC

3

.500

02/01/47

1,761,344‌

234,572

FGLMC

4

.500

06/01/47

242,848‌

347,178

FGLMC

4

.000

09/01/47

349,606‌

72,285

FGLMC

3

.500

12/01/47

70,742‌

379,500

FGLMC

4

.000

07/01/48

380,712‌

1,547,738

FGLMC

4

.500

08/01/48

1,581,111‌

3,750,000

Federal

National

Mortgage

Association

(FNMA)

2

.125

04/24/26

3,621,379‌

83,633

FNMA

3

.500

07/01/26

83,442‌

4,335,297

i

FNMA

2

.885

02/25/27

4,223,677‌

9,095,321

i

FNMA

3

.412

06/25/28

9,003,646‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

207

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

15,250,000

i

FNMA

1

.561

%

11/25/30

$

12,866,739‌

15,500,000

i

FNMA

1

.292

01/25/31

12,802,997‌

306,771

FNMA

3

.500

05/01/32

307,526‌

30,990,000

h

FNMA

2

.500

07/25/32

29,592,322‌

4,423,986

FNMA

3

.000

10/01/32

4,384,871‌

17,851

FNMA

2

.500

10/01/36

17,067‌

21,260,000

h

FNMA

3

.000

07/25/37

20,771,155‌

7,350,000

h

FNMA

3

.500

07/25/37

7,303,981‌

135,800

FNMA

5

.500

11/01/38

145,888‌

3,842,422

FNMA

3

.000

05/01/40

3,659,787‌

1,080,171

FNMA

3

.500

05/01/40

1,056,222‌

306,596

FNMA

5

.000

09/01/40

322,686‌

501,678

FNMA

5

.000

04/01/41

528,099‌

13,558,035

FNMA

2

.000

03/01/42

12,052,575‌

1,531,645

FNMA

4

.000

09/01/42

1,538,604‌

704,283

i

FNMA

LIBOR

1

M

+

5.950%

4

.326

09/25/43

96,947‌

740,982

FNMA

4

.000

01/01/44

748,107‌

43,719

FNMA

4

.500

06/01/44

44,906‌

272,547

FNMA

4

.500

06/01/44

279,885‌

125,146

FNMA

4

.500

08/01/44

128,488‌

229,300

FNMA

4

.500

11/01/44

234,676‌

631,010

FNMA

4

.000

01/01/45

633,850‌

226,633

FNMA

4

.500

03/01/45

231,444‌

1,037,979

FNMA

4

.000

12/01/45

1,045,289‌

676,832

FNMA

3

.500

01/01/46

661,800‌

143,130

FNMA

4

.000

01/01/46

144,141‌

765,503

FNMA

4

.000

04/01/46

768,972‌

949,081

FNMA

3

.500

06/01/46

928,013‌

1,331,295

FNMA

3

.500

07/01/46

1,301,736‌

1,868,107

FNMA

3

.500

07/01/46

1,835,796‌

2,000,591

FNMA

3

.500

08/01/46

1,956,180‌

2,634,190

FNMA

3

.000

10/01/46

2,438,378‌

3,095,142

FNMA

3

.500

01/01/47

3,026,668‌

138,530

FNMA

4

.500

05/01/47

142,967‌

566,807

FNMA

4

.000

10/01/47

567,168‌

4,426,345

FNMA

3

.500

11/01/47

4,349,829‌

265,800

FNMA

4

.500

11/01/47

271,476‌

5,178,822

FNMA

4

.000

12/01/47

5,190,417‌

103,583

FNMA

3

.500

01/01/48

101,287‌

3,404,801

FNMA

3

.500

01/01/48

3,327,679‌

964,986

FNMA

4

.500

01/01/48

984,773‌

249,043

FNMA

4

.500

02/01/48

254,150‌

518,926

FNMA

4

.000

03/01/48

520,088‌

1,006,645

FNMA

4

.500

03/01/48

1,027,282‌

668,719

FNMA

4

.500

05/01/48

682,803‌

511,646

FNMA

4

.500

05/01/48

522,576‌

253,247

FNMA

5

.000

08/01/48

264,382‌

11,285,118

FNMA

4

.500

10/01/48

11,887,706‌

22,760,000

h

FNMA

4

.000

07/25/49

22,443,049‌

28,900,000

h

FNMA

4

.500

07/25/49

29,009,504‌

15,865,220

FNMA

3

.000

07/01/50

14,918,022‌

4,760,419

FNMA

2

.000

08/25/50

672,612‌

13,786,127

FNMA

2

.500

11/25/50

1,995,279‌

4,541,318

FNMA

3

.000

02/25/51

911,907‌

37,882,727

FNMA

2

.000

04/01/51

32,929,164‌

2,354,082

FNMA

3

.000

09/01/51

2,217,276‌

4,851,768

FNMA

2

.500

11/25/51

695,368‌

22,834,675

FNMA

2

.000

12/01/51

19,906,390‌

8,436,151

FNMA

2

.500

01/01/52

7,619,471‌

734,312

FNMA

3

.000

01/01/52

688,049‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

208

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

18,042,510

FNMA

2

.000

%

02/01/52

$

15,728,466‌

13,262,925

FNMA

2

.500

02/01/52

11,985,087‌

28,752,870

FNMA

2

.500

02/01/52

25,963,892‌

13,788,398

FNMA

2

.500

02/01/52

12,445,641‌

22,963,398

FNMA

2

.500

02/01/52

20,730,532‌

8,425,455

FNMA

3

.500

02/01/52

8,167,521‌

17,624,298

FNMA

2

.000

03/01/52

15,313,819‌

7,505,226

FNMA

2

.000

03/01/52

6,526,258‌

1,987,126

FNMA

2

.500

04/01/52

1,792,005‌

2,830,280

FNMA

3

.000

04/01/52

2,646,188‌

22,930,176

FNMA

3

.000

04/01/52

21,448,975‌

3,735,660

FNMA

3

.000

04/01/52

3,490,449‌

39,651,138

FNMA

3

.000

04/01/52

37,099,605‌

30,530,480

FNMA

3

.000

04/01/52

28,558,346‌

12,623,502

FNMA

3

.500

05/01/52

12,165,282‌

23,319,029

FNMA

4

.000

05/01/52

23,022,169‌

2,012,921

FNMA

4

.000

06/01/52

1,987,295‌

395,000

h

FNMA

4

.000

07/01/52

390,030‌

21,205,000

h

FNMA

3

.500

07/25/52

20,391,590‌

28,500,000

h

FNMA

5

.000

07/25/52

29,087,812‌

5,000,000

h

FNMA

5

.000

08/25/52

5,088,379‌

1,900,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.326

10/25/41

1,625,265‌

1,270,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.426

03/25/42

1,212,766‌

17,160,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.276

05/25/42

16,313,918‌

2,870,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.226

08/25/33

2,712,985‌

3,180,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.700

11/25/41

2,720,162‌

12,750,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.326

02/25/42

11,764,031‌

12,600,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

5

.279

06/25/42

12,663,292‌

610,327

Government

National

Mortgage

Association

(GNMA)

2

.690

06/15/33

607,401‌

32,135

GNMA

5

.000

06/20/42

34,166‌

11,657,204

GNMA

2

.750

01/15/45

11,300,002‌

608,682

GNMA

4

.000

06/20/46

82,630‌

2,808,326

GNMA

3

.500

12/20/46

2,768,291‌

1,910,321

GNMA

3

.500

01/20/47

1,885,217‌

14,760,000

h

GNMA

3

.000

07/20/47

13,912,453‌

1,694,250

GNMA

3

.500

10/20/50

1,662,455‌

5,105,831

GNMA

3

.000

07/20/51

4,800,044‌

37,562,373

GNMA

2

.500

05/20/52

34,420,637‌

49,543,347

GNMA

3

.000

05/20/52

46,767,197‌

8,460,000

h

GNMA

2

.000

07/20/52

7,511,555‌

14,595,000

h

GNMA

2

.500

07/20/52

13,354,425‌

4,368,992

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

3,647,628‌

3,918,993

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

3,570,040‌

3,715,398

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

05/01/52

3,351,259‌

2,975,000

†,g,i

J.P.

Morgan

Mortgage

Trust

3

.000

12/25/52

2,566,751‌

6,023,928

g,i

JP

Morgan

Mortgage

Trust

2

.500

07/25/52

5,086,689‌

2,960,674

g,i

JP

Morgan

Mortgage

Trust

3

.250

07/25/52

2,606,145‌

9,525,786

g,i

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

8,388,598‌

4,769,192

g,i

JP

Morgan

Mortgage

Trust

3

.000

10/25/52

4,165,031‌

4,121,464

g,i

JP

Morgan

Mortgage

Trust

3

.000

11/25/52

3,573,598‌

TOTAL

MORTGAGE

BACKED

996,226,837‌

MUNICIPAL

BONDS

-

6

.4

%

2,000,000

Brunswick

&

Glynn

County

Development

Authority

3

.060

04/01/25

1,977,193‌

3,000,000

California

Earthquake

Authority

1

.477

07/01/23

2,943,729‌

950,000

California

Health

Facilities

Financing

Authority

4

.353

06/01/41

889,964‌

670,000

g

California

Municipal

Finance

Authority

4

.250

11/01/23

664,837‌

6,400,000

g

California

Municipal

Finance

Authority

6

.375

11/15/48

5,827,101‌

5,825,000

California

Municipal

Finance

Authority

3

.594

08/15/51

4,477,845‌

12,250,000

Chicago

Housing

Authority

4

.361

01/01/38

12,007,803‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

209

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

16,465,000

Chicago

Metropolitan

Water

Reclamation

District-

Greater

Chicago

5

.720

%

12/01/38

$

19,080,205‌

1,000,000

Chicago

Park

District

4

.095

01/01/26

1,006,345‌

625,000

Chula

Vista

Municipal

Financing

Authority

3

.775

12/01/33

601,394‌

1,350,000

Chula

Vista

Municipal

Financing

Authority

3

.975

12/01/38

1,260,562‌

740,000

Chula

Vista

Municipal

Financing

Authority

4

.075

12/01/41

679,139‌

4,300,000

Chula

Vista

Municipal

Financing

Authority

4

.275

12/01/48

3,942,476‌

5,730,000

City

&

County

of

Honolulu

HI

3

.944

09/01/34

5,550,697‌

935,000

City

&

County

of

San

Francisco

CA

3

.700

04/01/34

896,048‌

440,000

City

&

County

of

San

Francisco

CA

3

.750

04/01/35

419,167‌

5,835,000

City

&

County

of

San

Francisco

CA

3

.900

04/01/42

5,317,580‌

5,405,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

3

.750

09/01/37

4,909,707‌

4,610,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

4

.221

09/01/39

4,385,369‌

5,000,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

4

.000

09/01/48

4,440,868‌

5,480,000

City

&

County

of

San

Francisco

CA

Community

Facilities

District

3

.482

09/01/50

4,460,353‌

1,925,000

City

of

Berkeley

CA

3

.250

09/01/35

1,724,793‌

8,885,000

City

of

Berkeley

CA

3

.750

09/01/43

7,545,713‌

2,490,000

City

of

Chicago

IL

7

.750

01/01/42

2,749,060‌

510,000

City

of

Chicago

IL

7

.750

01/01/42

546,297‌

650,000

City

of

Detroit

MI

2

.511

04/01/25

614,826‌

745,000

City

of

Detroit

MI

2

.711

04/01/26

692,490‌

525,000

City

of

Detroit

MI

3

.644

04/01/34

448,086‌

2,750,000

City

of

Florence

SC

4

.250

12/01/34

2,724,174‌

4,000,000

City

of

Los

Angeles

CA

3

.500

09/01/37

3,599,430‌

9,060,000

City

of

Los

Angeles

CA

3

.880

09/01/38

8,471,914‌

5,850,000

City

of

Los

Angeles

Department

of

Airports

Customer

Facility

Charge

Revenue

4

.242

05/15/48

5,357,648‌

870,000

g

City

of

Miami

FL

4

.808

01/01/39

884,531‌

170,000

City

of

Mount

Shasta

CA

4

.000

08/01/29

183,065‌

190,000

City

of

Mount

Shasta

CA

3

.000

08/01/32

182,649‌

2,685,000

City

of

Oakland

CA

1

.830

01/15/27

2,466,728‌

12,615,000

City

of

San

Francisco

CA

Public

Utilities

Commission

Water

Revenue

3

.303

11/01/39

11,144,757‌

22,745,000

City

of

San

Francisco

CA

Public

Utilities

Commission

Water

Revenue

2

.825

11/01/41

18,081,163‌

5,750,000

City

of

San

Francisco

CA

Public

Utilities

Commission

Water

Revenue

4

.185

11/01/46

5,324,313‌

1,385,000

City

of

San

Juan

Capistrano

CA

4

.190

08/01/40

1,337,839‌

5,255,000

City

of

Seattle

WA

Local

Improvement

District

No

6751

2

.999

11/01/43

4,605,724‌

5,240,000

City

of

Seattle

WA

Local

Improvement

District

No

6751

3

.079

11/01/43

4,556,794‌

360,000

Clean

Water

Services

5

.701

10/01/30

403,853‌

2,730,000

Commonwealth

Financing

Authority

3

.864

06/01/38

2,603,446‌

5,000,000

County

of

Alameda

CA

3

.820

08/01/38

4,728,631‌

1,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

2

.218

10/01/22

1,499,194‌

12,020,000

County

of

Miami-Dade

FL

Water

&

Sewer

System

Revenue

3

.490

10/01/42

10,145,159‌

2,730,000

County

of

Saline

AR

4

.000

06/01/37

2,735,472‌

3,500,000

District

of

Columbia

3

.432

04/01/42

2,891,805‌

1,900,000

District

of

Columbia

Water

&

Sewer

Authority

4

.814

10/01/14

1,906,708‌

1,550,000

†,g,q

Finance

Authority

of

Maine

5

.375

12/15/33

21,544‌

500,000

†,q

Finance

Authority

of

Maine

5

.250

06/15/34

6,950‌

1,075,000

g

Florida

Development

Finance

Corp

6

.750

12/01/56

1,062,551‌

20,000,000

Grant

County

Public

Utility

District

No

2

2

.918

01/01/40

15,878,578‌

9,405,000

Grant

County

Public

Utility

District

No

2

3

.210

01/01/40

7,723,339‌

9,375,000

Great

Lakes

Water

Authority

Sewage

Disposal

System

Revenue

3

.056

07/01/39

7,909,166‌

13,265,000

Great

Lakes

Water

Authority

Water

Supply

System

Revenue

3

.473

07/01/41

11,543,291‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

210

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

1,180,000

Idaho

State

Building

Authority

3

.202

%

09/01/37

$

1,046,247‌

3,105,000

Jackson

County

Industrial

Development

Authority

4

.250

05/01/39

3,165,589‌

2,000,000

Kern

County

Water

Agency

Improvement

District

No

4

4

.276

05/01/36

1,977,858‌

450,000

Klickitat

County

Public

Utilities

3

.688

12/01/38

390,376‌

1,000,000

Lavaca-Navidad

River

Authority

4

.430

08/01/35

1,014,299‌

7,690,000

Los

Angeles

Community

College

District

2

.106

08/01/32

6,526,390‌

1,300,000

Maine

State

Housing

Authority

2

.481

11/15/31

1,137,908‌

2,585,000

Maryland

Community

Development

Administration

Housing

Revenue

3

.797

03/01/39

2,539,819‌

3,000,000

Massachusetts

Clean

Energy

Cooperative

Corp

2

.020

07/01/28

2,689,870‌

2,965,000

Massachusetts

St.

Water

Pollution

Abatement

5

.192

08/01/40

3,100,148‌

6,000,000

Massachusetts

Water

Resources

Authority

3

.104

08/01/39

5,118,931‌

10,735,000

Metropolitan

Transportation

Authority

5

.175

11/15/49

11,076,362‌

4,065,000

New

York

City

Housing

Development

Corp

3

.119

08/01/38

3,284,448‌

2,500,000

New

York

City

Housing

Development

Corp

3

.720

11/01/39

2,154,357‌

1,370,000

New

York

State

Energy

Research

&

Development

Authority

2

.465

10/01/26

1,296,702‌

1,210,000

New

York

State

Energy

Research

&

Development

Authority

2

.665

10/01/27

1,136,156‌

1,045,000

New

York

State

Energy

Research

&

Development

Authority

2

.879

10/01/28

971,001‌

230,000

New

York

State

Energy

Research

&

Development

Authority

4

.577

04/01/35

231,715‌

2,115,000

New

York

State

Environmental

Facilities

Corp

3

.420

07/15/26

2,101,146‌

1,500,000

New

York

Transportation

Development

Corp

1

.610

12/01/22

1,492,477‌

7,500,000

New

York

Transportation

Development

Corp

5

.000

01/01/26

7,701,686‌

1,500,000

g

Ohio

Air

Quality

Development

Authority

4

.250

01/15/38

1,407,264‌

2,000,000

g

Ohio

Air

Quality

Development

Authority

4

.500

01/15/48

1,862,115‌

13,180,000

Ohio

State

Water

Development

Authority

4

.879

12/01/34

13,887,841‌

5,750,000

†,g,q

Oregon

State

Business

Development

Commission

6

.500

04/01/31

419,750‌

2,000,000

†,q

Oregon

State

Business

Development

Commission

11

.500

04/01/31

120,000‌

2,665,000

Papio-Missouri

River

Natural

Resource

District

2

.198

12/15/25

2,577,803‌

2,080,000

Papio-Missouri

River

Natural

Resource

District

2

.318

12/15/26

2,008,026‌

3,250,000

Papio-Missouri

River

Natural

Resource

District

2

.482

12/15/27

3,156,750‌

2,725,000

Pend

Oreille

County

Public

Utility

District

No

Box

Canyon

5

.000

01/01/30

2,731,369‌

7,250,000

g

Pennsylvania

Economic

Development

Financing

Authority

10

.000

12/01/29

6,903,552‌

275,000

Pharr

Economic

Development

Corp

3

.216

08/15/27

266,573‌

1,110,000

Pharr

Economic

Development

Corp

3

.401

08/15/29

1,061,583‌

1,735,000

g

Public

Finance

Authority

7

.500

06/01/29

1,761,244‌

300,000

Redevelopment

Authority

of

the

City

of

Philadelphia

1

.377

09/01/25

277,369‌

1,750,000

Redevelopment

Authority

of

the

City

of

Philadelphia

3

.172

09/01/41

1,452,154‌

1,000,000

Rhode

Island

Housing

&

Mortgage

Finance

Corp

3

.300

10/01/39

902,413‌

1,450,000

Rhode

Island

Housing

&

Mortgage

Finance

Corp

3

.400

10/01/44

1,264,784‌

6,950,000

Rhode

Island

Housing

&

Mortgage

Finance

Corp

3

.500

10/01/51

6,246,073‌

1,000,000

San

Francisco

City

&

County

Redevelopment

Agency

3

.533

08/01/25

988,460‌

1,000,000

San

Francisco

City

&

County

Redevelopment

Agency

4

.375

08/01/44

955,555‌

250,000

Sangamon

County

Water

Reclamation

District

2

.507

01/01/29

231,788‌

2,500,000

Sangamon

County

Water

Reclamation

District

2

.907

01/01/34

2,161,787‌

2,050,000

Sangamon

County

Water

Reclamation

District

3

.272

01/01/37

1,736,538‌

3,000,000

Semitropic

Improvement

District

2

.499

12/01/25

2,915,712‌

1,000,000

Semitropic

Improvement

District

of

the

Semitropic

Water

Storage

District

3

.293

12/01/35

888,040‌

130,000

g

South

Davis

Sewer

District

3

.750

12/01/22

129,269‌

1,000,000

South

Davis

Sewer

District

4

.125

12/01/32

988,414‌

1,100,000

South

Davis

Sewer

District

4

.500

12/01/37

1,085,925‌

2,090,000

State

of

California

4

.600

04/01/38

2,113,295‌

2,480,000

State

of

California

4

.988

04/01/39

2,497,570‌

1,000,000

State

of

Texas

3

.726

08/01/43

1,006,909‌

6,625,000

Stockton

Public

Financing

Authority

3

.610

10/01/40

6,160,786‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

211

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

665,000

Sustainable

Energy

Utility,

Inc

1

.650

%

09/15/22

$

664,261‌

2,400,000

g

Syracuse

Industrial

Development

Agency

5

.000

01/01/36

1,684,995‌

1,000,000

Texas

Water

Development

Board

3

.500

10/15/37

930,493‌

7,500,000

Texas

Water

Development

Board

4

.190

10/15/43

7,462,756‌

3,000,000

Texas

Water

Development

Board

3

.700

10/15/47

2,674,238‌

3,000,000

Texas

Water

Development

Board

4

.648

04/15/50

3,021,547‌

2,000,000

University

of

New

Mexico

3

.532

06/20/32

1,957,815‌

4,400,000

Upper

Santa

Clara

Valley

Joint

Powers

Authority

3

.875

08/01/48

3,791,187‌

5,000,000

Vermont

Educational

&

Health

Buildings

Financing

Agency

4

.000

12/01/42

4,851,602‌

750,000

Vermont

Educational

&

Health

Buildings

Financing

Agency

4

.000

12/01/46

686,887‌

750,000

Village

of

Bellwood

IL

5

.375

12/01/32

730,440‌

4,460,000

Village

of

Bellwood

IL

6

.000

12/01/50

4,248,522‌

1,000,000

g

Warm

Springs

Reservation

Confederated

Tribe

3

.300

11/01/27

979,523‌

1,250,000

g

Warm

Springs

Reservation

Confederated

Tribe

3

.550

11/01/32

1,173,410‌

530,000

Washington

County

Clean

Water

Services

5

.078

10/01/24

551,630‌

1,905,000

†,g,q

Washington

Economic

Development

Finance

Authority

7

.500

01/01/32

1,238,250‌

650,000

Yuba

City

Public

Financing

Authority

3

.960

06/01/32

642,238‌

1,500,000

Yuba

City

Public

Financing

Authority

4

.320

06/01/42

1,426,198‌

1,000,000

Yuba

Levee

Financing

Authority

3

.170

09/01/22

1,000,934‌

TOTAL

MUNICIPAL

BONDS

412,077,185‌

U.S.

TREASURY

SECURITIES

-

13

.9

%

2,500,000

United

States

Treasury

Bond

3

.125

05/15/48

2,419,434‌

2,500,000

United

States

Treasury

Bond

3

.000

02/15/49

2,382,324‌

22,922,000

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.500

04/15/24

23,238,968‌

14,083,000

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

10/15/24

14,169,185‌

9,100,000

United

States

Treasury

Note

0

.125

12/31/22

8,991,227‌

6,140,000

United

States

Treasury

Note

0

.125

03/31/23

6,020,798‌

7,450,000

United

States

Treasury

Note

0

.125

08/31/23

7,207,584‌

75,485,000

e

United

States

Treasury

Note

2

.500

05/31/24

74,803,866‌

1,092,000

United

States

Treasury

Note

1

.875

08/31/24

1,066,278‌

1,395,000

United

States

Treasury

Note

2

.250

10/31/24

1,371,568‌

620,000

United

States

Treasury

Note

2

.875

04/30/25

617,336‌

34,334,000

United

States

Treasury

Note

2

.875

06/15/25

34,197,200‌

201,340,000

United

States

Treasury

Note

2

.625

05/31/27

197,533,416‌

3,235,000

United

States

Treasury

Note

0

.500

10/31/27

2,826,329‌

6,025,000

United

States

Treasury

Note

0

.625

11/30/27

5,290,703‌

46,750,000

United

States

Treasury

Note

1

.125

08/31/28

41,605,674‌

9,000,000

United

States

Treasury

Note

1

.375

10/31/28

8,114,414‌

18,535,000

United

States

Treasury

Note

2

.375

03/31/29

17,742,194‌

10,000,000

United

States

Treasury

Note

2

.875

04/30/29

9,882,812‌

246,820,000

United

States

Treasury

Note

2

.875

05/15/32

244,043,275‌

14,543,000

United

States

Treasury

Note

1

.875

02/15/41

11,405,461‌

9,700,000

United

States

Treasury

Note

2

.250

05/15/41

8,094,195‌

116,487,800

United

States

Treasury

Note

2

.250

02/15/42

98,778,014‌

27,175,000

United

States

Treasury

Note

3

.250

05/15/42

26,521,102‌

47,503,000

United

States

Treasury

Note

2

.250

02/15/52

39,093,485‌

TOTAL

U.S.

TREASURY

SECURITIES

887,416,842‌

TOTAL

GOVERNMENT

BONDS

3,043,552,743‌

(Cost

$3,221,152,851)

STRUCTURED

ASSETS

-

12.9%

ASSET

BACKED

-

4

.8

%

324,688

g

AMSR

Trust

1

.819

04/17/37

308,061‌

Series

-

2020

SFR1

(Class

A)

450,000

g

AMSR

Trust

3

.148

01/19/39

421,929‌

Series

-

2019

SFR1

(Class

C)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

212

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

400,000

g

AMSR

Trust

3

.247

%

01/19/39

$

371,250‌

Series

-

2019

SFR1

(Class

D)

1,059,356

g,i

AREIT

Trust

LIBOR

1

M

+

1.384%

2

.718

09/14/36

1,035,449‌

Series

-

2019

CRE3

(Class

A)

5,000,000

g,i

BFLD

Trust

LIBOR

1

M

+

2.100%

3

.424

10/15/35

4,798,051‌

Series

-

2020

EYP

(Class

C)

120,095

i

C-BASS

Trust

LIBOR

1

M

+

0.160%

1

.784

07/25/36

114,388‌

Series

-

2006

CB6

(Class

A1)

1,447,025

†,g,i

CBRE

Realty

Finance

LIBOR

3

M

+

0.300%

0

.520

04/07/52

3,618‌

Series

-

2007

1A

(Class

A2)

1,436,825

i

Chase

Funding

Loan

Acquisition

Trust

LIBOR

1

M

+

0.855%

2

.479

06/25/34

1,342,702‌

Series

-

2004

OPT1

(Class

M1)

537,866

g

Corevest

American

Finance

Trust

1

.832

03/15/50

510,474‌

Series

-

2020

1

(Class

A1)

2,209,986

Delta

Air

Lines

Pass

Through

Trust

4

.250

07/30/23

2,159,340‌

Series

-

2015

1

(Class

B)

2,850,000

Delta

Air

Lines

Pass

Through

Trust

3

.204

04/25/24

2,754,822‌

Series

-

2019

1

(Class

AA)

13,700,000

Delta

Air

Lines

Pass

Through

Trust

3

.404

04/25/24

13,177,066‌

Series

-

2019

1

(Class

A)

6,779,173

Delta

Air

Lines

Pass

Through

Trust

2

.000

06/10/28

5,913,954‌

Series

-

2020

1

(Class

AA)

17,122,997

Delta

Air

Lines

Pass

Through

Trust

2

.500

06/10/28

14,993,257‌

Series

-

2020

1

(Class

A)

850,500

g

Domino's

Pizza

Master

Issuer

LLC

4

.474

10/25/45

846,334‌

Series

-

2015

1A

(Class

A2II)

772,000

g

Domino's

Pizza

Master

Issuer

LLC

4

.116

07/25/48

752,671‌

Series

-

2018

1A

(Class

A2I)

280,489

g,i

Ellington

Loan

Acquisition

Trust

LIBOR

1

M

+

1.100%

2

.724

05/25/37

278,547‌

Series

-

2007

2

(Class

A2C)

3,660,693

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.100

05/20/48

3,153,549‌

Series

-

2021

3CS

(Class

A)

3,928,866

g

GoodLeap

Sustainable

Home

Solutions

Trust

1

.930

07/20/48

3,346,356‌

Series

-

2021

4GS

(Class

A)

14,216,383

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.310

10/20/48

12,341,775‌

Series

-

2021

5CS

(Class

A)

5,029,618

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.560

10/20/48

4,316,056‌

Series

-

2021

5CS

(Class

B)

5,008,853

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.700

01/20/49

4,482,028‌

Series

-

2022

1GS

(Class

A)

3,298,787

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.940

01/20/49

2,939,136‌

Series

-

2022

1GS

(Class

B)

3,250,000

g

Grace

Trust

2

.347

12/10/40

2,686,259‌

Series

-

2020

GRCE

(Class

A)

7,789,000

g

GSCG

Trust

2

.936

09/06/34

7,399,055‌

Series

-

2019

600C

(Class

A)

741,679

g

HERO

Funding

Trust

3

.840

09/21/40

741,513‌

Series

-

2015

1A

(Class

A)

181,539

g

HERO

Funding

Trust

3

.990

09/21/40

175,492‌

Series

-

2014

2A

(Class

A)

873,835

g

HERO

Funding

Trust

3

.750

09/20/41

863,090‌

Series

-

2016

2A

(Class

A)

716,754

g

HERO

Funding

Trust

4

.050

09/20/41

713,600‌

Series

-

2016

1A

(Class

A)

1,784,803

g

HERO

Funding

Trust

3

.080

09/20/42

1,737,671‌

Series

-

2016

3A

(Class

A1)

1,610,267

g

HERO

Funding

Trust

3

.910

09/20/42

1,583,433‌

Series

-

2016

3A

(Class

A2)

1,623,308

g

HERO

Funding

Trust

3

.570

09/20/47

1,596,676‌

Series

-

2016

4A

(Class

A1)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

213

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

1,590,025

g

HERO

Funding

Trust

3

.710

%

09/20/47

$

1,551,485‌

Series

-

2017

1A

(Class

A1)

240,490

g

HERO

Funding

Trust

4

.290

09/20/47

238,719‌

Series

-

2016

4A

(Class

A2)

2,671,959

g

HERO

Funding

Trust

3

.190

09/20/48

2,552,108‌

Series

-

2017

3A

(Class

A1)

2,500,318

g

HERO

Funding

Trust

3

.950

09/20/48

2,426,271‌

Series

-

2017

3A

(Class

A2)

1,022,858

g

HERO

Funding

Trust

4

.070

09/20/48

994,058‌

Series

-

2017

2A

(Class

A2)

3,607,034

g

HERO

Funding

Trust

4

.670

09/20/48

3,547,579‌

Series

-

2018

1A

(Class

A2)

2,600,118

g

HERO

Funding

Trust

2

.720

09/20/57

2,439,546‌

Series

-

2020

1A

(Class

A)

27,203

i

Home

Equity

Asset

Trust

LIBOR

1

M

+

1.500%

3

.986

06/25/33

26,851‌

Series

-

2003

1

(Class

M1)

499,977

g,i

Invitation

Homes

Trust

LIBOR

1

M

+

1.250%

2

.773

01/17/38

494,938‌

Series

-

2018

SFR4

(Class

B)

3,999,750

g

Loanpal

Solar

Loan

Ltd

2

.750

07/20/47

3,556,177‌

Series

-

2020

2GF

(Class

A)

2,076,368

g

Loanpal

Solar

Loan

Ltd

2

.290

01/20/48

1,796,145‌

Series

-

2021

1GS

(Class

A)

2,813,416

g

Loanpal

Solar

Loan

Ltd

2

.840

01/20/48

2,422,954‌

Series

-

2021

1GS

(Class

B)

6,157,856

g

Loanpal

Solar

Loan

Ltd

2

.220

03/20/48

5,259,340‌

Series

-

2021

2GS

(Class

A)

2,608,729

†,g

Mosaic

Solar

Loan

Trust

0

.000

04/20/46

2,478,292‌

Series

-

2020

1A

(Class

R)

1,714,686

g

Mosaic

Solar

Loan

Trust

2

.100

04/20/46

1,554,776‌

Series

-

2020

1A

(Class

A)

2,178,494

g

Mosaic

Solar

Loan

Trust

3

.100

04/20/46

2,004,174‌

Series

-

2020

1A

(Class

B)

6,200,463

g

Mosaic

Solar

Loan

Trust

1

.920

06/20/52

5,308,110‌

Series

-

2021

3A

(Class

B)

2,247,328

g

Mosaic

Solar

Loans

LLC

3

.820

06/22/43

2,131,563‌

Series

-

2017

2A

(Class

A)

3,939,903

g

Mosaic

Solar

Loans

LLC

1

.640

04/22/47

3,450,403‌

Series

-

2021

2A

(Class

A)

290,000

g,i

MSCG

Trust

3

.577

06/07/35

239,395‌

Series

-

2015

ALDR

(Class

D)

276,569

g

MVW

Owner

Trust

2

.420

12/20/34

271,364‌

Series

-

2017

1A

(Class

A)

2,275,000

g

Progress

Residential

Trust

2

.082

10/17/38

1,958,875‌

Series

-

2021

SFR8

(Class

D)

700,000

g

Progress

Residential

Trust

2

.711

11/17/40

579,711‌

Series

-

2021

SFR9

(Class

D)

4,000,000

PSNH

Funding

LLC

3

.506

08/01/28

3,945,760‌

Series

-

2018

1

(Class

A2)

804,036

g

Renew

3

.670

09/20/52

750,310‌

Series

-

2017

1A

(Class

A)

2,199,026

g

Renew

3

.950

09/20/53

2,092,425‌

Series

-

2018

1

(Class

A)

4,453,350

g

Renew

2

.060

11/20/56

3,944,133‌

Series

-

2021

1

(Class

A)

10,644,999

SCE

Recovery

Funding

LLC

0

.861

11/15/31

9,333,106‌

60,348

†,g

SolarCity

LMC

4

.800

11/20/38

57,838‌

Series

-

2013

1

(Class

A)

2,050,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

1.955%

3

.279

11/15/36

1,943,928‌

Series

-

2021

LIH

(Class

C)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

214

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

7,042,513

g

Sunnova

Helios

VII

Issuer

LLC

2

.030

%

10/20/48

$

6,230,364‌

Series

-

2021

C

(Class

A)

3,932,901

g

Sunnova

Helios

VIII

Issuer

LLC

2

.790

02/22/49

3,562,401‌

Series

-

2022

A

(Class

A)

5,290,890

g

Sunrun

Athena

Issuer

LLC

5

.310

04/30/49

5,164,845‌

Series

-

2018

1

(Class

A)

6,735,157

g

Sunrun

Atlas

Issuer

LLC

3

.610

02/01/55

6,104,251‌

Series

-

2019

2

(Class

A)

14,594,122

g

Sunrun

Callisto

Issuer

LLC

3

.980

06/30/54

13,723,574‌

Series

-

2019

1A

(Class

A)

5,960,716

g

Sunrun

Callisto

Issuer

LLC

2

.270

01/30/57

4,996,488‌

Series

-

2021

2A

(Class

A)

7,240,000

g

Sunrun

Jupiter

Issuer

LLC

4

.750

07/30/57

6,883,196‌

Series

-

2022

1A

(Class

A)

9,549,966

g

Sunrun

Vulcan

Issuer

LLC

2

.460

01/30/52

8,153,322‌

Series

-

2021

1A

(Class

A)

10,089,651

g

TES

LLC

4

.330

10/20/47

9,451,142‌

Series

-

2017

1A

(Class

A)

3,500,000

g

TES

LLC

7

.740

10/20/47

3,381,808‌

Series

-

2017

1A

(Class

B)

4,248,770

g

TES

LLC

4

.120

02/20/48

4,132,842‌

Series

-

2017

2A

(Class

A)

411,496

g

Tesla

Auto

Lease

Trust

2

.160

10/20/22

411,311‌

Series

-

2019

A

(Class

A3)

4,125,000

g

Tesla

Auto

Lease

Trust

2

.200

11/21/22

4,120,238‌

Series

-

2019

A

(Class

A4)

1,650,000

g

Tesla

Auto

Lease

Trust

5

.480

05/22/23

1,657,596‌

Series

-

2019

A

(Class

E)

1,000,000

g

Tesla

Auto

Lease

Trust

2

.330

02/20/24

976,894‌

Series

-

2020

A

(Class

D)

6,650,000

g

Tesla

Auto

Lease

Trust

0

.660

03/20/25

6,354,427‌

Series

-

2021

A

(Class

A4)

10,250,000

g

Tesla

Auto

Lease

Trust

1

.340

03/20/25

9,588,148‌

Series

-

2021

A

(Class

D)

4,500,000

g

Tesla

Auto

Lease

Trust

0

.600

09/22/25

4,264,137‌

Series

-

2021

B

(Class

A3)

7,000,000

g

Tesla

Auto

Lease

Trust

1

.320

09/22/25

6,449,772‌

Series

-

2021

B

(Class

D)

9,500,000

Toyota

Auto

Receivables

Owner

Trust

0

.260

11/17/25

9,144,088‌

Series

-

2021

B

(Class

A3)

9,900,000

Toyota

Auto

Receivables

Owner

Trust

0

.530

10/15/26

9,165,181‌

Series

-

2021

B

(Class

A4)

567,872

g

Tricon

American

Homes

Trust

2

.928

01/17/36

560,929‌

Series

-

2017

SFR2

(Class

A)

325,000

g

Tricon

American

Homes

Trust

2

.049

07/17/38

298,263‌

Series

-

2020

SFR1

(Class

B)

5,348,302

g

Vivint

Colar

Financing

V

LLC

4

.730

04/30/48

5,092,053‌

Series

-

2018

1A

(Class

A)

9,413,681

g

Vivint

Colar

Financing

V

LLC

7

.370

04/30/48

9,233,578‌

Series

-

2018

1A

(Class

B)

4,684,078

g

Vivint

Solar

Financing

VII

LLC

2

.210

07/31/51

3,947,819‌

Series

-

2020

1A

(Class

A)

TOTAL

ASSET

BACKED

310,256,603‌

OTHER

MORTGAGE

BACKED

-

8

.1

%

2,165,000

g,i

20

Times

Square

Trust

3

.203

05/15/35

2,097,978‌

Series

-

2018

20TS

(Class

B)

12,984

g,i

Agate

Bay

Mortgage

Trust

3

.500

09/25/45

12,312‌

Series

-

2015

6

(Class

A9)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

215

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

4,075,000

g,i

Alen

Mortgage

Trust

LIBOR

1

M

+

2.250%

3

.574

%

04/15/34

$

3,885,109‌

Series

-

2021

ACEN

(Class

C)

1,900,000

g,i

Angel

Oak

Mortgage

Trust

2

.837

11/25/66

1,506,610‌

Series

-

2021

8

(Class

A3)

900,000

g,i

BAMLL

Commercial

Mortgage

Securities

Trust

3

.716

04/14/33

829,796‌

Series

-

2015

200P

(Class

D)

589,597

Banc

of

America

Commercial

Mortgage

Trust

3

.019

07/15/49

578,721‌

Series

-

2016

UB10

(Class

ASB)

5,000,000

g

BANK

2

.500

10/17/52

3,550,041‌

Series

-

2019

BN21

(Class

D)

6,500,000

i

BANK

3

.517

10/17/52

5,522,902‌

Series

-

2019

BN21

(Class

C)

2,000,000

BANK

3

.203

12/15/52

1,810,361‌

Series

-

2019

BN23

(Class

AS)

2,500,000

i

BANK

3

.016

12/15/53

1,905,844‌

Series

-

2020

BN30

(Class

MCDE)

8,000,000

i

BANK

3

.576

11/15/62

6,844,225‌

Series

-

2019

BN22

(Class

C)

5,750,000

g

BBCMS

Trust

3

.593

09/15/32

5,732,733‌

Series

-

2015

MSQ

(Class

A)

200,000

g

BBCMS

Trust

4

.197

08/10/35

193,224‌

Series

-

2015

SRCH

(Class

A2)

1,250,000

g

BBCMS

Trust

4

.798

08/10/35

1,158,516‌

Series

-

2015

SRCH

(Class

C)

3,000,000

g,i

BBCMS

Trust

3

.811

02/15/53

2,614,641‌

Series

-

2020

C6

(Class

F5TA)

1,000,000

Benchmark

Mortgage

Trust

3

.419

08/15/52

915,675‌

Series

-

2019

B12

(Class

AS)

5,500,000

g,i

Benchmark

Mortgage

Trust

4

.029

03/15/62

4,555,389‌

Series

-

2019

B10

(Class

3CCA)

5,200,000

g

BMO

360A

3

.776

02/15/42

4,717,348‌

Series

-

2022

C1

(Class

360A)

3,500,000

g,i

BMO

360C

4

.070

02/15/42

2,892,003‌

Series

-

2022

C1

(Class

360C)

2,077,421

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

0.920%

2

.244

10/15/36

2,040,841‌

Series

-

2019

XL

(Class

A)

4,250,000

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.250%

2

.574

10/15/36

4,121,711‌

Series

-

2019

XL

(Class

C)

10,478,111

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.197%

2

.521

10/15/38

9,872,966‌

Series

-

2021

XL2

(Class

C)

12,000,000

g,i

BX

Commercial

Mortgage

Trust

3

.119

01/17/39

11,550,109‌

Series

-

2022

AHP

(Class

B)

2,901,500

g,i

CCRC

Affordable

Multifamily

Housing

Mortgage

Trust

5

.703

06/25/34

2,830,546‌

Series

-

2017

Q005

(Class

B)

2,000,000

i

CD

Mortgage

Trust

3

.879

11/10/49

1,861,854‌

Series

-

2016

CD2

(Class

B)

5,000,000

i

Citigroup

Commercial

Mortgage

Trust

3

.758

04/10/48

4,825,261‌

Series

-

2015

GC29

(Class

B)

4,000,000

Citigroup

Commercial

Mortgage

Trust

3

.300

11/10/52

3,627,156‌

Series

-

2019

GC43

(Class

AS)

5,000,000

Citigroup

Commercial

Mortgage

Trust

3

.018

08/10/56

4,471,382‌

Series

-

2019

GC41

(Class

AS)

23,902

i

Citigroup

Mortgage

Loan

Trust

LIBOR

1

M

+

0.750%

2

.374

01/25/36

23,889‌

Series

-

2006

WFH1

(Class

M4)

5,341,000

g,i

Cityline

Commercial

Mortgage

Trust

2

.871

11/10/31

5,205,395‌

Series

-

2016

CLNE

(Class

A)

3,315,000

g

COMM

Mortgage

Trust

4

.353

08/10/30

3,290,213‌

Series

-

2013

300P

(Class

A1)

4,125,000

g

COMM

Mortgage

Trust

3

.376

01/10/39

3,742,064‌

Series

-

2022

HC

(Class

C)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

216

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

2,000,000

COMM

Mortgage

Trust

4

.701

%

03/10/47

$

1,981,974‌

Series

-

2014

UBS2

(Class

B)

2,000,000

i

COMM

Mortgage

Trust

4

.703

08/10/47

1,985,010‌

Series

-

2014

CR19

(Class

B)

1,000,000

g,i

COMM

Mortgage

Trust

4

.854

08/10/47

914,621‌

Series

-

2014

CR19

(Class

D)

366,446

COMM

Mortgage

Trust

3

.040

02/10/48

363,621‌

Series

-

2015

LC19

(Class

ASB)

3,500,000

g,i

COMM

Mortgage

Trust

4

.207

03/10/48

3,161,800‌

Series

-

2015

CR22

(Class

D)

2,000,000

i

COMM

Mortgage

Trust

4

.428

05/10/48

1,768,672‌

Series

-

2015

CR23

(Class

D)

360,000

i

COMM

Mortgage

Trust

3

.463

08/10/48

310,831‌

Series

-

2015

CR24

(Class

D)

2,250,000

COMM

Mortgage

Trust

3

.263

08/15/57

2,019,135‌

Series

-

2019

GC44

(Class

AM)

6,000,000

g,i

Commercial

Mortgage

Pass

Through

Certificates

3

.896

01/10/39

5,432,439‌

Series

-

2022

HC

(Class

D)

565,000

g,i

Connecticut

Avenue

Securities

Trust

2

.476

10/25/41

524,051‌

Series

-

2021

R01

(Class

1M2)

1,870,000

g,i

Connecticut

Avenue

Securities

Trust

4

.226

11/25/41

1,599,375‌

Series

-

2021

R02

(Class

2B1)

1,770,000

g,i

Connecticut

Avenue

Securities

Trust

2

.576

12/25/41

1,576,130‌

Series

-

2021

R03

(Class

1M2)

2,040,000

g,i

Connecticut

Avenue

Securities

Trust

3

.676

12/25/41

1,712,059‌

Series

-

2021

R03

(Class

1B1)

6,070,000

g,i

Connecticut

Avenue

Securities

Trust

4

.426

03/25/42

5,774,688‌

Series

-

2022

R03

(Class

1M2)

2,405,000

g,i

Connecticut

Avenue

Securities

Trust

3

.926

04/25/42

2,285,832‌

Series

-

2022

R05

(Class

2M2)

75,477

i

Countrywide

Home

Loan

Mortgage

Pass

Through

Trust

2

.572

11/20/34

73,173‌

Series

-

2004

HYB6

(Class

A2)

14,000,000

g

CPT

Mortgage

Trust

2

.865

11/13/39

12,224,675‌

Series

-

2019

CPT

(Class

A)

2,000,000

g,i

CPT

Mortgage

Trust

3

.097

11/13/39

1,572,473‌

Series

-

2019

CPT

(Class

E)

2,500,000

g,i

CPT

Mortgage

Trust

3

.097

11/13/39

2,087,032‌

Series

-

2019

CPT

(Class

C)

5,000,000

g,i

Credit

Suisse

Commercial

Mortgage

Trust

3

.854

11/10/32

4,791,058‌

Series

-

2017

CALI

(Class

B)

3,199,107

g,i

Credit

Suisse

Mortgage

Capital

Certificates

2

.405

10/25/66

2,833,759‌

Series

-

2021

NQM8

(Class

A3)

3,600,000

g,i

CSAIL

Commercial

Mortgage

Trust

3

.800

06/15/37

3,091,612‌

Series

-

2017

C8

(Class

85BB)

1,600,000

g,i

CSMC

Series

3

.388

10/25/59

1,459,846‌

Series

-

2019

NQM1

(Class

M1)

3,440,000

g,i

DBUBS

Mortgage

Trust

3

.648

10/10/34

3,237,800‌

Series

-

2017

BRBK

(Class

D)

102,725,000

g,i

DOLP

Trust

0

.665

05/10/41

4,473,602‌

Series

-

2021

NYC

(Class

X)

12,500,000

g,i

ELP

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.320%

2

.645

11/15/38

11,919,336‌

Series

-

2021

ELP

(Class

C)

7,500,000

g,i

ELP

Commercial

Mortgage

Trust

LIBOR

1

M

+

2.118%

3

.443

11/15/38

7,087,964‌

Series

-

2021

ELP

(Class

E)

269,264

g,i

Flagstar

Mortgage

Trust

4

.049

10/25/47

258,732‌

Series

-

2017

2

(Class

B3)

16,115

g,i

Flagstar

Mortgage

Trust

4

.000

09/25/48

15,884‌

Series

-

2018

5

(Class

A11)

1,291,921

g,i

Flagstar

Mortgage

Trust

2

.500

04/25/51

1,079,568‌

Series

-

2021

2

(Class

A4)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

217

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

4,034,298

g,i

Flagstar

Mortgage

Trust

2

.500

%

06/01/51

$

3,368,840‌

Series

-

2021

4

(Class

A21)

12,964,524

g,i

Flagstar

Mortgage

Trust

3

.000

10/25/51

11,516,646‌

Series

-

2021

10IN

(Class

A1)

7,200,000

Freddie

Mac

Multiclass

Certificates

Series

1

.878

01/25/31

6,414,054‌

Series

-

2021

P009

(Class

A2)

2,837,973

Freddie

Mac

Multiclass

Certificates

Series

1

.204

09/25/31

2,553,393‌

Series

-

2021

P011

(Class

A1)

7,324,000

i

Freddie

Mac

Multiclass

Certificates

Series

2

.852

02/25/32

6,830,493‌

Series

-

2022

P013

(Class

A2)

6,756,378

Freddie

Mac

Multifamily

ML

Certificates

1

.877

07/25/37

5,562,703‌

Series

-

2021

ML08

(Class

)

40,037,395

i

Freddie

Mac

Multifamily

ML

Certificates

1

.779

11/25/37

5,669,311‌

Series

-

2021

ML08

(Class

XCA)

3,196,873

Freddie

Mac

Multifamily

ML

Certificates

1

.896

11/25/37

2,636,052‌

Series

-

2021

ML08

(Class

)

9,950,916

Freddie

Mac

Multifamily

ML

Certificates

2

.340

07/25/41

8,449,082‌

Series

-

2021

ML12

(Class

AUS)

4,035,931

Freddie

Mac

Multifamily

Structured

Pass

Through

Certificates

1

.555

01/25/36

3,461,854‌

Series

-

2020

Q014

(Class

A1)

9,967,059

Freddie

Mac

Multifamily

Variable

Rate

Certificate

3

.150

10/15/36

9,358,223‌

Series

-

2022

M068

(Class

A)

6,108,632

Freddie

Mac

Multifamily

Variable

Rate

Certificate

1

.761

09/15/38

5,203,380‌

Series

-

2020

M061

(Class

A)

3,113,158

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.576

01/25/34

3,001,744‌

Series

-

2021

DNA5

(Class

M2)

2,590,000

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.426

01/25/42

2,192,896‌

Series

-

2022

DNA1

(Class

M2)

5,490,000

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.826

04/25/42

5,160,750‌

Series

-

2022

DNA3

(Class

M1B)

2,500,000

g,i

GCT

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.250%

2

.574

02/15/38

2,412,545‌

Series

-

2021

GCT

(Class

B)

2,188,000

g,i

GS

Mortgage

Securities

Corp

II

5

.067

03/10/33

2,089,493‌

Series

-

2018

GS10

(Class

WLSB)

1,500,000

g,i

GS

Mortgage

Securities

Trust

LIBOR

1

M

+

1.090%

2

.420

10/15/31

1,461,934‌

Series

-

2018

HART

(Class

A)

93,000

i

GS

Mortgage

Securities

Trust

4

.080

11/10/49

82,449‌

Series

-

2016

GS4

(Class

C)

36,792

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

36,200‌

Series

-

2019

PJ2

(Class

A1)

96,264

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

94,716‌

Series

-

2019

PJ2

(Class

A4)

1,153,887

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.500

07/25/50

1,063,585‌

Series

-

2020

PJ2

(Class

A4)

469,033

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

01/25/51

415,315‌

Series

-

2020

PJ4

(Class

A4)

360,858

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

03/27/51

316,913‌

Series

-

2020

PJ5

(Class

A4)

923,691

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

05/25/51

773,712‌

Series

-

2020

PJ6

(Class

A4)

2,533,642

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

10/25/51

2,119,569‌

Series

-

2021

PJ5

(Class

A4)

5,176,430

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

06/25/52

4,582,926‌

Series

-

2022

PJ2

(Class

A36)

2,168,273

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

09/25/52

1,898,800‌

Series

-

2022

PJ4

(Class

A36)

492,671

g,i

GS

Mortgage-Backed

Securities

Trust

3

.642

05/25/50

436,114‌

Series

-

2020

PJ1

(Class

B2)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

218

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,066,197

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

%

07/25/51

$

892,396‌

Series

-

2021

PJ2

(Class

A4)

7,640,999

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

11/25/51

6,378,477‌

Series

-

2021

PJ6

(Class

A4)

9,637,202

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

8,050,051‌

Series

-

2021

PJ7

(Class

A4)

4,536,515

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

3,797,335‌

Series

-

2021

PJ8

(Class

A4)

4,641,222

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

10/25/52

4,038,768‌

Series

-

2022

PJ5

(Class

A36)

241,496

i

HarborView

Mortgage

Loan

Trust

LIBOR

1

M

+

0.620%

2

.232

08/19/45

225,003‌

Series

-

2005

11

(Class

2A1A)

3,500,000

g

Hudson

Yards

Mortgage

Trust

2

.835

08/10/38

3,237,689‌

Series

-

2016

10HY

(Class

A)

2,500,000

g,i

Hudson

Yards

Mortgage

Trust

3

.076

08/10/38

2,312,355‌

Series

-

2016

10HY

(Class

B)

5,750,000

g,i

Hudson

Yards

Mortgage

Trust

3

.076

08/10/38

5,229,166‌

Series

-

2016

10HY

(Class

C)

2,500,000

g,i

Hudson

Yards

Mortgage

Trust

3

.076

08/10/38

2,218,837‌

Series

-

2016

10HY

(Class

E)

11,650,000

g,i

Hudson

Yards

Mortgage

Trust

3

.558

07/10/39

9,972,513‌

Series

-

2019

30HY

(Class

D)

5,000,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

3,996,274‌

Series

-

2019

55HY

(Class

E)

1,500,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

1,249,716‌

Series

-

2019

55HY

(Class

D)

2,500,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

1,933,231‌

Series

-

2019

55HY

(Class

F)

11,514

i

Impac

CMB

Trust

LIBOR

1

M

+

0.660%

2

.284

03/25/35

11,144‌

Series

-

2004

11

(Class

2A1)

440,000

g,i

Imperial

Fund

Mortgage

Trust

3

.531

10/25/55

406,211‌

Series

-

2020

NQM1

(Class

M1)

4,000,000

g,i

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.370%

2

.695

10/15/33

3,874,432‌

Series

-

2020

609M

(Class

A)

1,600,000

g,i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.212

01/15/46

1,543,735‌

Series

-

2013

C13

(Class

D)

1,884,220

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

-

0.000%

2

.174

12/25/44

1,861,951‌

Series

-

2015

1

(Class

B1)

14,208

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/45

13,540‌

Series

-

2015

3

(Class

A19)

238,859

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/45

221,304‌

Series

-

2015

6

(Class

A13)

165,337

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/46

156,477‌

Series

-

2016

1

(Class

A13)

64,935

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/47

61,250‌

Series

-

2017

2

(Class

A13)

434,832

g,i

JP

Morgan

Mortgage

Trust

3

.500

09/25/48

400,652‌

Series

-

2018

3

(Class

A13)

233,680

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

216,168‌

Series

-

2018

4

(Class

A13)

1,205,030

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

1,113,734‌

Series

-

2018

5

(Class

A13)

793,193

g,i

JP

Morgan

Mortgage

Trust

3

.053

10/26/48

778,085‌

Series

-

2017

5

(Class

A2)

55,760

g,i

JP

Morgan

Mortgage

Trust

4

.000

01/25/49

54,474‌

Series

-

2018

8

(Class

A13)

90,332

g,i

JP

Morgan

Mortgage

Trust

4

.000

02/25/49

88,195‌

Series

-

2018

9

(Class

A13)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

219

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

84,014

g,i

JP

Morgan

Mortgage

Trust

4

.000

%

05/25/49

$

82,454‌

Series

-

2019

1

(Class

A3)

135,113

g,i

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

132,605‌

Series

-

2019

1

(Class

A15)

453,041

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

+

0.950%

2

.574

10/25/49

447,393‌

Series

-

2019

INV1

(Class

A11)

864,450

g,i

JP

Morgan

Mortgage

Trust

3

.852

06/25/50

777,765‌

Series

-

2020

1

(Class

B2)

4,089,851

g,i

JP

Morgan

Mortgage

Trust

2

.500

10/25/51

3,423,246‌

Series

-

2021

6

(Class

A15)

2,133,821

g,i

JP

Morgan

Mortgage

Trust

2

.500

11/25/51

1,786,029‌

Series

-

2021

7

(Class

A15)

2,696,413

g,i

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

2,257,383‌

Series

-

2021

8

(Class

A15)

1,090,920

g,i

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

912,936‌

Series

-

2021

10

(Class

A15)

3,764,698

g,i

JP

Morgan

Mortgage

Trust

2

.500

01/25/52

3,148,417‌

Series

-

2021

11

(Class

A15)

1,051,951

g,i

JP

Morgan

Mortgage

Trust

2

.500

02/25/52

880,073‌

Series

-

2021

12

(Class

A15)

1,776,301

g,i

JP

Morgan

Mortgage

Trust

2

.500

05/25/52

1,483,142‌

Series

-

2021

14

(Class

A15)

5,562,244

g,i

JP

Morgan

Mortgage

Trust

2

.500

06/25/52

4,644,257‌

Series

-

2021

15

(Class

A15)

2,085,883

g,i

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

1,848,030‌

Series

-

2022

2

(Class

A25)

5,958,358

g,i

JP

Morgan

Mortgage

Trust

3

.500

09/25/52

5,447,018‌

Series

-

2022

LTV2

(Class

A6)

2,400,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.633

09/15/47

2,281,213‌

Series

-

2014

C23

(Class

C)

747,771

g

Ladder

Capital

Commercial

Mortgage

Securities

3

.575

02/15/36

721,485‌

Series

-

2013

GCP

(Class

A1)

10,000,000

g

Liberty

Street

Trust

3

.597

02/10/36

9,584,992‌

Series

-

2016

225L

(Class

A)

4,000,000

g,i

MAD

Mortgage

Trust

3

.294

08/15/34

3,853,500‌

Series

-

2017

330M

(Class

A)

2,350,000

g,i

Manhattan

West

2

.413

09/10/39

1,958,120‌

Series

-

2020

1MW

(Class

D)

2,250,000

g,i

MFT

Trust

3

.392

08/10/40

1,842,507‌

Series

-

2020

B6

(Class

B)

323,396

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.069

02/15/48

319,620‌

Series

-

2015

C20

(Class

ASB)

425,000

g,i

Morgan

Stanley

Capital

I

Trust

LIBOR

1

M

+

0.700%

2

.024

11/15/34

420,815‌

Series

-

2017

CLS

(Class

A)

3,300,000

g,i

Morgan

Stanley

Capital

I

Trust

2

.509

04/05/42

2,762,471‌

Series

-

2020

CNP

(Class

A)

106,067

†,i

Morgan

Stanley

Capital

I

Trust

6

.282

12/12/49

53,034‌

Series

-

2007

IQ16

(Class

AJFX)

1,219,292

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

07/25/51

1,101,316‌

Series

-

2021

4

(Class

A4)

3,692,602

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

08/25/51

3,091,742‌

Series

-

2021

5

(Class

A9)

3,756,129

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

3,417,108‌

Series

-

2021

6

(Class

A4)

2,371,464

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

1,986,148‌

Series

-

2021

6

(Class

A9)

1,500,000

g,i

MSDB

Trust

3

.427

07/11/39

1,387,417‌

Series

-

2017

712F

(Class

A)

3,450,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

3

.917

11/15/32

3,429,584‌

Series

-

2018

285M

(Class

A)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

220

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

4,250,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

2.200%

3

.524

%

07/15/36

$

4,152,249‌

Series

-

2019

MILE

(Class

C)

4,000,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

4.250%

5

.574

07/15/36

3,780,062‌

Series

-

2019

MILE

(Class

F)

473,282

g,i

New

Residential

Mortgage

Loan

Trust

2

.797

09/25/59

456,469‌

Series

-

2019

NQM4

(Class

A3)

425,000

g,i

New

Residential

Mortgage

Loan

Trust

2

.986

09/25/59

387,456‌

Series

-

2019

NQM4

(Class

M1)

65,038

i

New

York

Mortgage

Trust

LIBOR

1

M

+

0.480%

2

.104

02/25/36

64,229‌

Series

-

2005

3

(Class

A1)

4,872,986

g,i

OBX

Trust

2

.500

07/25/51

4,065,922‌

Series

-

2021

J2

(Class

A19)

302,958

g,i

OBX

Trust

LIBOR

1

M

+

0.650%

2

.274

06/25/57

296,449‌

Series

-

2018

1

(Class

A2)

1,401,430

g,i

Oceanview

Mortgage

Trust

2

.500

05/25/51

1,172,408‌

Series

-

2021

1

(Class

A19)

14,500,000

g

One

Bryant

Park

Trust

2

.516

09/15/54

12,528,825‌

Series

-

2019

OBP

(Class

A)

2,750,000

g

One

Market

Plaza

Trust

3

.614

02/10/32

2,699,199‌

Series

-

2017

1MKT

(Class

A)

1,000,000

g

One

Market

Plaza

Trust

3

.845

02/10/32

968,960‌

Series

-

2017

1MKT

(Class

B)

4,221,472

g,i

RCKT

Mortgage

Trust

2

.500

09/25/51

3,538,480‌

Series

-

2021

4

(Class

A21)

6,759,802

g,i

RCKT

Mortgage

Trust

2

.500

02/25/52

5,631,328‌

Series

-

2022

2

(Class

A22)

4,815,000

g,i

RCKT

Mortgage

Trust

3

.500

06/25/52

4,298,139‌

Series

-

2022

4

(Class

A22)

205,942

g,i

Sequoia

Mortgage

Trust

3

.500

05/25/45

191,210‌

Series

-

2015

2

(Class

A1)

54,126

g,i

Sequoia

Mortgage

Trust

3

.500

06/25/46

51,174‌

Series

-

2016

1

(Class

A19)

155,685

g,i

Sequoia

Mortgage

Trust

3

.500

04/25/47

143,532‌

Series

-

2017

3

(Class

A19)

21,332

g,i

Sequoia

Mortgage

Trust

3

.500

09/25/47

20,163‌

Series

-

2017

6

(Class

A19)

219,444

g,i

Sequoia

Mortgage

Trust

3

.723

09/25/47

202,485‌

Series

-

2017

6

(Class

B1)

32,460

g,i

Sequoia

Mortgage

Trust

3

.500

02/25/48

30,622‌

Series

-

2018

2

(Class

A19)

14,934

g,i

Sequoia

Mortgage

Trust

3

.500

03/25/48

14,129‌

Series

-

2018

3

(Class

A1)

24,171

g,i

Sequoia

Mortgage

Trust

4

.000

09/25/48

23,699‌

Series

-

2018

7

(Class

A19)

41,439

g,i

Sequoia

Mortgage

Trust

4

.000

06/25/49

40,903‌

Series

-

2019

2

(Class

A19)

191,994

g,i

Sequoia

Mortgage

Trust

3

.500

12/25/49

179,235‌

Series

-

2019

5

(Class

A19)

1,659,494

g,i

Sequoia

Mortgage

Trust

3

.000

04/25/50

1,458,379‌

Series

-

2020

3

(Class

A19)

2,492,639

g,i

Sequoia

Mortgage

Trust

2

.500

06/25/51

2,083,348‌

Series

-

2021

4

(Class

A19)

396,020

g,i

Shellpoint

Co-Originator

Trust

3

.500

10/25/47

373,156‌

Series

-

2017

2

(Class

A1)

12,900,000

g

SLG

Office

Trust

2

.585

07/15/41

10,942,087‌

Series

-

2021

OVA

(Class

A)

2,745,000

g,i

Structured

Agency

Credit

Risk

Debt

Note

(STACR)

3

.026

10/25/33

2,538,398‌

Series

-

2021

DNA3

(Class

M2)

66,739

g,i

STACR

3

.761

02/25/48

65,484‌

Series

-

2018

SPI1

(Class

M2)

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

221

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,125,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

1.257%

2

.581

%

11/15/36

$

1,074,869‌

Series

-

2021

LIH

(Class

AS)

2,000,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

1.656%

2

.980

11/15/36

1,904,094‌

Series

-

2021

LIH

(Class

B)

4,000,000

g

SUMIT

Mortgage

Trust

2

.789

02/12/41

3,560,605‌

Series

-

2022

BVUE

(Class

A)

925,000

g,i

Verus

Securitization

Trust

3

.207

11/25/59

917,661‌

Series

-

2019

4

(Class

M1)

561,528

g

Verus

Securitization

Trust

1

.733

05/25/65

525,220‌

Series

-

2020

5

(Class

A3)

3,475,044

g,i

Verus

Securitization

Trust

2

.240

10/25/66

3,073,440‌

Series

-

2021

7

(Class

A3)

2,711,000

g

VNDO

Trust

3

.805

01/10/35

2,576,300‌

Series

-

2016

350P

(Class

A)

3,000,000

g,i

VNDO

Trust

4

.033

01/10/35

2,836,539‌

Series

-

2016

350P

(Class

B)

611,182

Wells

Fargo

Commercial

Mortgage

Trust

2

.514

08/15/49

593,613‌

Series

-

2016

BNK1

(Class

ASB)

550,845

Wells

Fargo

Commercial

Mortgage

Trust

3

.185

03/15/59

542,315‌

Series

-

2016

C33

(Class

ASB)

31,346

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

4

.000

04/25/49

30,856‌

Series

-

2019

2

(Class

A17)

324,850

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

07/25/50

284,916‌

Series

-

2020

4

(Class

A17)

6,064,977

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

06/25/51

5,066,803‌

Series

-

2021

2

(Class

A17)

1,550,267

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

12/25/51

1,293,806‌

Series

-

2022

2

(Class

A18)

943,000

WFRBS

Commercial

Mortgage

Trust

3

.311

03/15/45

936,704‌

Series

-

2013

C11

(Class

AS)

650,000

i

WFRBS

Commercial

Mortgage

Trust

5

.027

12/15/46

612,339‌

Series

-

2013

C18

(Class

C)

156,732

g,i

WinWater

Mortgage

Loan

Trust

3

.908

06/20/44

146,931‌

Series

-

2014

1

(Class

B4)

3,129,888

g,i

Woodward

Capital

Management

3

.000

05/25/52

2,711,954‌

Series

-

2022

3

(Class

A21)

TOTAL

OTHER

MORTGAGE

BACKED

516,469,386‌

TOTAL

STRUCTURED

ASSETS

826,725,989‌

(Cost

$917,607,662)

TOTAL

BONDS

6,195,258,687‌

(Cost

$6,817,192,055)

SHARES

COMPANY

REFERENCERATE

&

SPREAD

PREFERRED

STOCKS

-

0.7%

BANKS

-

0

.1

%

490,000

First

Republic

Bank

8,702,400‌

TOTAL

BANKS

8,702,400‌

REAL

ESTATE

-

0

.3

%

400,000

Brookfield

Property

Partners

LP

7,884,000‌

695,000

Brookfield

Property

Partners

LP

11,870,600‌

TOTAL

REAL

ESTATE

19,754,600‌

UTILITIES

-

0

.3

%

490,000

Brookfield

Infrastructure

Partners

LP

9,160,550‌

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

222

TIAA-CREF

Funds

continued

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

UTILITIES—continued

308,000

Brookfield

Renewable

Partners

LP

$

6,407,940‌

TOTAL

UTILITIES

15,568,490‌

TOTAL

PREFERRED

STOCKS

44,025,490‌

(Cost

$59,575,000)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

5.5%

GOVERNMENT

AGENCY

DEBT

-

2

.9

%

$

10,000,000

Federal

Farm

Credit

Bank

(FFCB)

0

.000

%

07/19/22

9,993,005‌

11,186,000

FFCB

0

.000

07/22/22

11,176,932‌

19,230,000

FFCB

0

.000

09/01/22

19,167,118‌

10,000,000

FFCB

0

.000

09/13/22

9,960,688‌

10,000,000

FFCB

0

.000

09/23/22

9,955,723‌

30,000,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

07/07/22

29,993,049‌

10,000,000

FHLB

0

.000

07/11/22

9,996,139‌

15,000,000

FHLB

0

.000

07/15/22

14,991,838‌

10,000,000

FHLB

0

.000

07/18/22

9,993,437‌

10,300,000

FHLB

0

.000

07/19/22

10,292,843‌

10,200,000

FHLB

0

.000

07/22/22

10,191,677‌

20,000,000

FHLB

0

.000

08/03/22

19,968,759‌

8,000,000

FHLB

0

.000

08/05/22

7,986,747‌

10,000,000

FHLB

0

.000

12/28/22

9,868,154‌

TOTAL

GOVERNMENT

AGENCY

DEBT

183,536,109‌

REPURCHASE

AGREEMENT

-

1

.1

%

72,825,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

72,825,000‌

TOTAL

REPURCHASE

AGREEMENT

72,825,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

1

.5

%

97,857,092

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

97,857,092‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

97,857,092‌

TOTAL

SHORT-TERM

INVESTMENTS

354,218,201‌

(Cost

$354,477,235)

TOTAL

INVESTMENTS

-

103.7%

6,630,834,678‌

(Cost

$7,270,240,446)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(3.7)%

(

238,024,130‌

)

NET

ASSETS

-

100.0%

$

6,392,810,548‌

CLP

Chilean

Peso

CCRC

Congregate

Care

Retirement

Center

DGS1

1-Year

Treasury

Constant

Maturity

Rate

EUR

Euro

LIBOR

London

Interbank

Offered

Rate

M

Month

REIT

Real

Estate

Investment

Trust

SOFR

Secure

Overnight

Financing

Rate

Portfolio

of

investments

(unaudited)

Core

Impact

Bond

Fund

June

30,

2022

223

TIAA-CREF

Funds

concluded

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted. 

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$109,243,594.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$1,664,338,221

or

26.0%

of

net

assets.

h

All

or

a

portion

of

these

securities

were

purchased

on

a

delayed

delivery

basis.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

q

In

default

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$72,825,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

0.375%

and

maturity

date

1/31/26,

valued

at

$74,281,527.

Core

Plus

Bond

Fund

June

30,

2022

Portfolio

of

investments

(unaudited)

224

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

1.6%

AUTOMOBILES

&

COMPONENTS

-

0

.0

%

$

784,418

i

Clarios

Global

LP

LIBOR  1M

+

3.250%

4

.916

%

04/30/26

$

730,489‌

972,455

i

Gates

Global

LLC

LIBOR  1M

+

2.500%

4

.166

03/31/27

915,566‌

TOTAL

AUTOMOBILES

&

COMPONENTS

1,646,055‌

BANKS

-

0

.0

%

550,000

i

Amentum

Government

Services

Holdings

LLC

SOFR  3M

+

4.000%

4

.777

02/15/29

522,159‌

TOTAL

BANKS

522,159‌

CAPITAL

GOODS

-

0

.0

%

355,000

i

Clydesdale

Acquisition

Holdings,

Inc

SOFR  1M

+

4.250%

5

.875

04/13/29

331,205‌

263,968

i

Penn

Engineering

&

Manufacturing

Corp

LIBOR  3M

+

2.500%

4

.750

06/27/24

252,749‌

1,523

i

Proampac

PG

Borrower

LLC

Prime

3M

+

2.750%

7

.500

11/03/25

1,406‌

415,909

i

SRAM

LLC

LIBOR  3M

+

2.750%

3

.250

05/18/28

394,939‌

747,194

i

TransDigm,

Inc

LIBOR  1M

+

2.250%

3

.916

12/09/25

706,928‌

TOTAL

CAPITAL

GOODS

1,687,227‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.1

%

488,750

i

Amentum

Government

Services

Holdings

LLC

LIBOR  1M

+

3.750%

5

.416

01/29/27

464,009‌

902,625

i

Clean

Harbors,

Inc

LIBOR  1M

+

1.750%

3

.416

06/28/24

894,167‌

501,152

i

GFL

Environmental,

Inc

LIBOR

1

M

+

3.000%

3

.500

05/31/25

487,581‌

1,492,126

i

Intrado

Corp

LIBOR  1M

+

4.000%

5

.666

10/10/24

1,262,503‌

719,858

i

Peraton

Corp

LIBOR  1M

+

3.750%

4

.514

02/01/28

674,478‌

1,132,493

i

Prime

Security

Services

Borrower

LLC

LIBOR  3M

+

2.750%

3

.500

09/23/26

1,054,872‌

450,469

i

Spin

Holdco,

Inc

LIBOR  3M

+

4.000%

5

.611

03/04/28

413,756‌

5,009

i

Trans

Union

LLC

LIBOR  1M

+

2.250%

3

.916

12/01/28

4,766‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

5,256,132‌

CONSUMER

DURABLES

&

APPAREL

-

0

.1

%

992,500

i

Conair

Holdings

LLC

LIBOR  3M

+

3.750%

6

.000

05/17/28

827,080‌

850,000

i

Crocs,

Inc

SOFR  3M

+

3.500%

4

.450

02/20/29

771,910‌

779,343

i

Great

Outdoors

Group

LLC

LIBOR  1M

+

3.750%

5

.416

03/06/28

708,423‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

2,307,413‌

CONSUMER

SERVICES

-

0

.2

%

294,000

i

AlixPartners

LLP

LIBOR  1M

+

2.750%

4

.416

02/04/28

278,885‌

353,700

i

Caesars

Resort

Collection

LLC

LIBOR  1M

+

3.500%

5

.166

07/21/25

340,171‌

440,543

i

Carnival

Corp

LIBOR  3M

+

3.250%

6

.127

10/18/28

394,286‌

455,000

h,i

Element

Materials

Technology

Group

US

Holdings,

Inc

SOFR  1M

+

4.250%

4

.750

04/12/29

435,663‌

210,000

h,i

Element

Materials

Technology

Group

US

Holdings,

Inc

SOFR  3M

+

4.250%

6

.535

04/12/29

201,075‌

974,986

i

Fertitta

Entertainment

LLC

SOFR  1M

+

4.000%

5

.525

01/27/29

896,626‌

482,500

i

IRB

Holding

Corp

SOFR  1M

+

3.000%

4

.238

12/15/27

451,943‌

736,439

i

KFC

Holding

Co

LIBOR  1M

+

1.750%

3

.345

03/09/28

725,393‌

800,748

i

KUEHG

Corp

LIBOR  3M

+

3.750%

4

.756

02/21/25

743,263‌

643,824

i

Life

Time,

Inc

LIBOR  3M

+

4.750%

6

.325

12/10/24

634,166‌

310,500

i

Penn

National

Gaming,

Inc

SOFR  1M

+

2.750%

4

.375

05/03/29

297,111‌

1,485,000

i

Sophia

LP

LIBOR

1

M

+

3.750%

4

.256

10/07/27

1,381,986‌

597,568

i

Sterling

Midco

Holdings,

Inc

LIBOR  3M

+

3.500%

5

.075

06/19/24

588,604‌

TOTAL

CONSUMER

SERVICES

7,369,172‌

DIVERSIFIED

FINANCIALS

-

0

.0

%

365,738

i

Lions

Gate

Capital

Holdings

LLC

LIBOR  1M

+

2.250%

3

.916

03/24/25

352,711‌

370,982

i

Reynolds

Group

Holdings,

Inc

LIBOR  1M

+

3.250%

4

.916

02/05/26

345,247‌

TOTAL

DIVERSIFIED

FINANCIALS

697,958‌

ENERGY

-

0

.0

%

635,375

i

Delek

US

Holdings,

Inc

LIBOR  1M

+

5.500%

7

.166

04/01/25

627,833‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

225

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

193,674

i

DT

Midstream,

Inc

LIBOR  1M

+

2.000%

3

.688

%

06/26/28

$

192,948‌

TOTAL

ENERGY

820,781‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.1

%

825,898

i

Chobani

LLC

LIBOR  1M

+

3.500%

5

.166

10/20/27

747,025‌

588,000

i

Froneri

US,

Inc

LIBOR  1M

+

2.250%

3

.916

01/29/27

539,737‌

790,301

i

Hearthside

Food

Solutions

LLC

LIBOR  1M

+

3.688%

5

.354

05/23/25

707,153‌

361,235

i

Triton

Water

Holdings,

Inc

LIBOR  3M

+

3.500%

5

.750

03/31/28

318,533‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

2,312,448‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0

.1

%

783,018

i

ADMI

Corp

LIBOR  1M

+

3.375%

5

.041

12/23/27

711,849‌

204,178

i

Change

Healthcare

Holdings

LLC

LIBOR  1M

+

2.500%

4

.166

03/01/24

198,284‌

154

i

Da

Vinci

Purchaser

Corp

LIBOR  3M

+

4.000%

5

.006

01/08/27

146‌

606,897

i

Global

Medical

Response,

Inc

LIBOR  3M

+

4.250%

5

.250

10/02/25

563,279‌

1,905,750

i

Onex

TSG

Intermediate

Corp

LIBOR  1M

+

4.750%

6

.416

02/28/28

1,769,965‌

1,047,237

i

RegionalCare

Hospital

Partners

Holdings,

Inc

LIBOR  1M

+

3.750%

4

.250

11/16/25

975,072‌

1,000,000

i

Select

Medical

Corp

LIBOR  1M

+

2.500%

4

.170

03/06/25

955,000‌

1,165,128

i

Surgery

Center

Holdings,

Inc

LIBOR  1M

+

3.750%

4

.950

09/03/26

1,083,208‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

6,256,803‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.0

%

715,938

i

Energizer

Holdings,

Inc

LIBOR  1M

+

2.250%

3

.875

12/16/27

677,907‌

878,794

i

Weber-Stephen

Products

LLC

LIBOR  1M

+

3.250%

4

.916

10/29/27

795,309‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

1,473,216‌

INSURANCE

-

0

.1

%

213,914

i

Acrisure

LLC

LIBOR  1M

+

3.500%

5

.166

02/15/27

195,731‌

40,163

i

Alliant

Holdings

Intermediate

LLC

LIBOR  1M

+

3.500%

5

.009

11/05/27

37,261‌

179,837

i

Asurion

LLC

LIBOR  1M

+

3.125%

4

.791

11/03/23

172,418‌

737,136

i

Asurion

LLC

LIBOR

1

M

+

3.250%

4

.916

12/23/26

666,651‌

425,000

i

Asurion

LLC

LIBOR

1

M

+

5.250%

6

.916

01/31/28

361,250‌

476,396

i

HUB

International

Ltd

LIBOR  3M

+

3.250%

4

.348

04/25/25

450,900‌

474,485

i

USI,

Inc

LIBOR  3M

+

3.000%

5

.250

05/16/24

454,025‌

TOTAL

INSURANCE

2,338,236‌

MATERIALS

-

0

.1

%

678,773

i

Asplundh

Tree

Expert

LLC

LIBOR  1M

+

1.750%

3

.416

09/07/27

653,882‌

660,809

i

Berry

Global,

Inc

LIBOR  1M

+

1.750%

3

.005

07/01/26

637,040‌

128,673

i

H.B.

Fuller

Co

LIBOR  1M

+

2.000%

3

.595

10/21/24

127,960‌

765,313

i

Kloeckner

Pentaplast

of

America,

Inc

LIBOR  6M

+

4.750%

5

.554

02/12/26

644,776‌

500,776

i

Messer

Industries

USA,

Inc

LIBOR  3M

+

2.500%

4

.750

03/01/26

476,989‌

343,545

i

Quikrete

Holdings,

Inc

LIBOR  1M

+

2.625%

3

.685

02/01/27

321,043‌

235,932

i

Tamko

Building

Products,

Inc

LIBOR  3M

+

3.000%

4

.239

05/29/26

220,302‌

291,490

i

Tronox

Finance

LLC

LIBOR  1M

+

2.250%

3

.916

03/10/28

276,915‌

1,447,789

i

Zekelman

Industries,

Inc

LIBOR  3M

+

2.000%

4

.185

01/25/27

1,348,254‌

TOTAL

MATERIALS

4,707,161‌

MEDIA

&

ENTERTAINMENT

-

0

.3

%

487,080

i

Altice

Financing

S.A.

LIBOR  3M

+

2.750%

3

.794

02/02/26

438,981‌

608,144

i

Arterra

Wines

Canada,

Inc

LIBOR  3M

+

3.500%

5

.750

11/19/27

566,590‌

294,750

i

Banijay

Group

US

Holding,

Inc

LIBOR  1M

+

3.750%

4

.870

03/03/25

278,907‌

197,000

i

Cablevision

Lightpath

LLC

LIBOR  1M

+

3.250%

4

.574

11/30/27

185,304‌

15,604

i

Cirque

Du

Soleil

Holding

USA

Newco,

Inc

LIBOR  3M

+

1.000%

2

.000

11/24/27

15,236‌

264,998

i

City

Brewing

Co

LLC

LIBOR  3M

+

3.500%

4

.469

03/31/28

234,523‌

715,938

i

CNT

Holdings

I

Corp

LIBOR  1M

+

3.500%

4

.690

11/08/27

678,201‌

740,332

i

CSC

Holdings

LLC

LIBOR  1M

+

2.250%

3

.574

07/17/25

687,028‌

500,000

i

Delta

2

Lux

Sarl

LIBOR  1M

+

2.500%

4

.166

02/01/24

486,500‌

142,084

i

Diamond

Sports

Group

LLC

SOFR  1M

+

8.000%

9

.181

05/25/26

141,136‌

975,000

†,i

Diamond

Sports

Group

LLC

LIBOR

1

M

+

3.250%

3

.545

08/24/26

224,250‌

746,000

i

DIRECTV

Financing

LLC

LIBOR  1M

+

5.000%

6

.666

08/02/27

684,768‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

226

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

969,087

i

INEOS

US

Petrochem

LLC

LIBOR  1M

+

2.750%

4

.416

%

01/29/26

$

912,453‌

798,000

i

Mozart

Borrower

LP

LIBOR  1M

+

3.250%

4

.916

10/23/28

738,773‌

450,452

i

Organon

&

Co

LIBOR  3M

+

3.000%

4

.625

06/02/28

432,623‌

420,748

i

Park

River

Holdings,

Inc

LIBOR  3M

+

3.250%

4

.217

12/28/27

342,384‌

498,750

i

Phoenix

Newco,

Inc

LIBOR  1M

+

3.250%

3

.750

11/15/28

467,329‌

453,352

i

Rackspace

Technology

Global,

Inc

LIBOR  3M

+

2.750%

4

.160

02/03/28

411,984‌

402,975

i

Radiate

Holdco

LLC

LIBOR

1

M

+

3.250%

4

.000

09/25/26

373,759‌

1,232,948

i

Ryan

Specialty

Group

LLC

SOFR  1M

+

3.000%

4

.625

09/01/27

1,183,630‌

275,000

i

SkyMiles

IP

Ltd

LIBOR  3M

+

3.750%

4

.813

10/20/27

273,023‌

2,275

i

TK

Elevator

US

Newco,

Inc

LIBOR  6M

+

3.500%

4

.019

07/30/27

2,126‌

782,641

i

TricorBraun

Holdings,

Inc

LIBOR  1M

+

3.250%

4

.310

03/03/28

726,040‌

458,788

i

Univision

Communications,

Inc

LIBOR  1M

+

3.250%

4

.310

03/15/26

432,600‌

371,250

i

US

Radiology

Specialists,

Inc

LIBOR  3M

+

5.250%

6

.256

12/15/27

326,700‌

562,746

i

Woof

Holdings,

Inc

LIBOR  3M

+

3.750%

5

.813

12/21/27

524,760‌

TOTAL

MEDIA

&

ENTERTAINMENT

11,769,608‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.0

%

572,128

i

Avantor,

Inc

LIBOR  1M

+

2.250%

3

.916

11/08/27

548,797‌

607,224

i

Endo

Luxembourg

Finance

Co

I

Sarl

LIBOR  1M

+

5.000%

6

.688

03/27/28

462,947‌

982,519

i

Jazz

Financing

Lux

Sarl

LIBOR  1M

+

3.500%

5

.166

05/05/28

935,388‌

297,000

i

Perrigo

Investments

LLC

SOFR  1M

+

2.500%

3

.645

04/06/29

285,120‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

2,232,252‌

REAL

ESTATE

-

0

.0

%

631,943

i

Cushman

&

Wakefield

plc

LIBOR  1M

+

2.750%

4

.416

08/21/25

593,553‌

TOTAL

REAL

ESTATE

593,553‌

RETAILING

-

0

.1

%

497,500

i

Chariot

Buyer

LLC

LIBOR  1M

+

3.500%

5

.166

11/03/28

448,163‌

608,577

h,i

LS

GROUP

OPCO

ACQUISITIO

LIBOR  3M

+

3.250%

4

.000

11/02/27

566,738‌

378,326

i

Men's

Wearhouse

LLC

LIBOR  3M

+

8.000%

9

.000

12/01/25

359,882‌

496,236

i

PetSmart,

Inc

LIBOR  3M

+

3.750%

4

.500

02/11/28

465,717‌

782,013

i

Resideo

Funding,

Inc

LIBOR  3M

+

2.250%

3

.650

02/09/28

750,733‌

957,875

i

Staples,

Inc

LIBOR  3M

+

5.000%

6

.286

04/16/26

830,420‌

TOTAL

RETAILING

3,421,653‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.0

%

662,719

i

MKS

Instruments,

Inc

LIBOR  1M

+

1.750%

3

.416

02/02/26

643,666‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

643,666‌

SOFTWARE

&

SERVICES

-

0

.2

%

467,000

i

Avaya

Holdings

Corp

LIBOR  1M

+

4.250%

5

.574

12/15/27

350,250‌

885,361

i

Camelot

Finance

S.A.

LIBOR  1M

+

3.000%

4

.666

10/30/26

835,931‌

775,028

i

Hyland

Software,

Inc

LIBOR  1M

+

3.500%

5

.166

07/01/24

746,181‌

847,875

i

Informatica

LLC

LIBOR  1M

+

2.750%

3

.563

10/27/28

802,836‌

508,000

i

Light

&

Wonder,

Inc

0

.000

04/07/29

481,330‌

1,044,750

i

Magenta

Buyer

LLC

LIBOR  3M

+

5.000%

6

.230

07/27/28

936,169‌

144,000

i

Mitnick

Corporate

Purchaser,

Inc

SOFR  3M

+

4.750%

5

.924

05/02/29

136,440‌

1,090,000

h,i

NortonLifeLock,

Inc

SOFR

+

2.000%

2

.500

01/28/29

1,031,140‌

117,600

i

Presidio

Holdings,

Inc

LIBOR  3M

+

3.500%

4

.740

01/22/27

111,034‌

472,625

i

RealPage,

Inc

LIBOR  1M

+

3.250%

4

.310

04/24/28

435,798‌

469,100

i

SS&C

Technologies,

Inc

SOFR  1M

+

2.250%

3

.875

03/22/29

445,880‌

669,241

i

SS&C

Technologies,

Inc

SOFR

1M

+

2.250%

3

.875

03/22/29

636,114‌

123,134

i

UKG,

Inc

LIBOR  3M

+

3.250%

4

.212

05/04/26

115,054‌

TOTAL

SOFTWARE

&

SERVICES

7,064,157‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.0

%

567,812

i

Ahead

DB

Holdings

LLC

LIBOR  3M

+

3.750%

6

.010

10/18/27

532,324‌

495,000

i

Ingram

Micro,

Inc

LIBOR  3M

+

3.500%

5

.750

06/30/28

467,156‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

227

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

$

450,000

i

Match

Group

Holdings

II

LLC

LIBOR  3M

+

1.750%

3

.194

%

02/07/27

$

422,064‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,421,544‌

TELECOMMUNICATION

SERVICES

-

0

.0

%

486,092

i

CommScope,

Inc

LIBOR  1M

+

3.250%

4

.916

04/06/26

435,359‌

540,574

i

MLN

US

Holdco

LLC

LIBOR  1M

+

4.500%

5

.620

11/28/25

349,751‌

949,806

i

SFR

Group

S.A.

LIBOR  3M

+

3.688%

4

.732

01/31/26

861,949‌

623,553

i

Zayo

Group

Holdings,

Inc

LIBOR  1M

+

3.000%

4

.666

03/09/27

573,114‌

TOTAL

TELECOMMUNICATION

SERVICES

2,220,173‌

TRANSPORTATION

-

0

.1

%

555,000

i

Air

Canada

LIBOR  3M

+

3.500%

4

.250

08/11/28

509,212‌

750,000

i

American

Airlines,

Inc

LIBOR  3M

+

4.750%

5

.813

04/20/28

714,105‌

377,150

i

CHG

Healthcare

Services,

Inc

LIBOR  3M

+

3.250%

4

.750

09/29/28

355,841‌

957,551

i

Genesee

&

Wyoming,

Inc

LIBOR  3M

+

2.000%

4

.250

12/30/26

917,698‌

995,000

i

Gulf

Finance

LLC

LIBOR  1M

+

6.750%

7

.870

08/25/26

731,952‌

475,000

i

Mileage

Plus

Holdings

LLC

LIBOR  3M

+

5.250%

7

.313

06/18/27

468,350‌

987,500

i

United

Airlines,

Inc

LIBOR  1M

+

3.750%

5

.392

04/21/28

915,294‌

596,736

i

XPO

Logistics,

Inc

LIBOR  1M

+

1.750%

2

.870

02/24/25

567,645‌

TOTAL

TRANSPORTATION

5,180,097‌

UTILITIES

-

0

.1

%

460,614

i

AssuredPartners,

Inc

LIBOR  1M

+

3.500%

5

.166

02/12/27

430,674‌

385,843

i

AssuredPartners,

Inc

LIBOR  1M

+

3.500%

5

.166

02/12/27

360,860‌

552,153

i

Covanta

Holding

Corp

LIBOR  1M

+

2.500%

4

.166

11/30/28

520,680‌

41,463

i

Covanta

Holding

Corp

LIBOR

1

M

+

2.500%

4

.166

11/30/28

39,100‌

1,948,086

i

Gopher

Resource

LLC

LIBOR  1M

+

3.250%

4

.916

03/06/25

1,591,177‌

723,827

i

Seattle

SpinCo,

Inc

LIBOR  1M

+

2.750%

4

.416

06/21/24

685,826‌

581,019

i

Seattle

SpinCo,

Inc

SOFR

1M

+

4.000%

5

.609

02/26/27

527,275‌

226,845

i

Utz

Quality

Foods

LLC

LIBOR  1M

+

3.000%

4

.666

01/20/28

215,786‌

TOTAL

UTILITIES

4,371,378‌

TOTAL

BANK

LOAN

OBLIGATIONS

76,312,842‌

(Cost

$82,783,921)

BONDS

-

94.4%

CORPORATE

BONDS

-

38.0%

AUTOMOBILES

&

COMPONENTS

-

0

.6

%

4,500,000

g

Adient

Global

Holdings

Ltd

4

.875

08/15/26

3,949,470‌

575,000

Dana,

Inc

5

.375

11/15/27

498,231‌

350,000

e

Dana,

Inc

5

.625

06/15/28

301,273‌

325,000

Dana,

Inc

4

.250

09/01/30

252,266‌

1,000,000

Ford

Motor

Co

7

.450

07/16/31

1,014,700‌

1,755,000

Ford

Motor

Co

3

.250

02/12/32

1,312,564‌

4,900,000

g

Gates

Global

LLC

6

.250

01/15/26

4,544,750‌

3,300,000

General

Motors

Co

6

.125

10/01/25

3,411,337‌

2,300,000

General

Motors

Co

5

.000

10/01/28

2,228,486‌

1,350,000

General

Motors

Co

6

.600

04/01/36

1,367,129‌

3,325,000

General

Motors

Co

5

.200

04/01/45

2,792,820‌

750,000

General

Motors

Co

6

.750

04/01/46

752,537‌

5,000,000

e

Goodyear

Tire

&

Rubber

Co

5

.250

04/30/31

4,057,100‌

250,000

g,o

IHO

Verwaltungs

GmbH

4

.750

09/15/26

214,896‌

1,450,000

Magna

International,

Inc

3

.625

06/15/24

1,449,447‌

TOTAL

AUTOMOBILES

&

COMPONENTS

28,147,006‌

BANKS

-

8

.0

%

2,000,000

e,g

Akbank

T.A.S.

6

.800

02/06/26

1,787,005‌

2,000,000

g

Akbank

T.A.S.

6

.797

04/27/28

1,799,120‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

228

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

1,500,000

g

Akbank

T.A.S.

6

.800

%

06/22/31

$

1,270,493‌

4,000,000

e

Banco

Bilbao

Vizcaya

Argentaria

S.A.

6

.500

N/A‡

3,652,459‌

2,500,000

g

Banco

de

Credito

e

Inversiones

S.A.

2

.875

10/14/31

2,062,500‌

1,855,000

g

Banco

do

Brasil

S.A.

3

.250

09/30/26

1,676,456‌

1,725,000

g

Banco

Industrial

S.A.

4

.875

01/29/31

1,590,418‌

3,000,000

g

Banco

Internacional

del

Peru

SAA

Interbank

4

.000

07/08/30

2,775,000‌

2,400,000

Banco

Santander

S.A.

1

.722

09/14/27

2,083,146‌

1,905,000

Banco

Santander

S.A.

3

.800

02/23/28

1,782,003‌

5,800,000

Banco

Santander

S.A.

4

.750

N/A‡

4,742,607‌

2,200,000

Banco

Santander

S.A.

7

.500

N/A‡

2,150,500‌

2,000,000

Bancolombia

S.A.

3

.000

01/29/25

1,841,150‌

2,000,000

Bancolombia

S.A.

4

.625

12/18/29

1,745,000‌

2,600,000

g

Bangkok

Bank

PCL

3

.466

09/23/36

2,172,933‌

500,000

g

Bangkok

Bank

PCL

5

.000

N/A‡

459,660‌

2,000,000

g

Banistmo

S.A.

4

.250

07/31/27

1,870,000‌

4,000,000

g

Bank

Hapoalim

BM

3

.255

01/21/32

3,420,000‌

3,000,000

g

Bank

Leumi

Le-Israel

BM

3

.275

01/29/31

2,625,000‌

19,525,000

Bank

of

America

Corp

0

.810

10/24/24

18,608,312‌

22,795,000

Bank

of

America

Corp

2

.592

04/29/31

19,333,421‌

9,225,000

Bank

of

America

Corp

1

.922

10/24/31

7,368,825‌

3,925,000

Bank

of

America

Corp

2

.572

10/20/32

3,237,387‌

4,750,000

Bank

of

America

Corp

2

.972

02/04/33

4,046,636‌

4,400,000

Bank

of

America

Corp

3

.846

03/08/37

3,803,136‌

5,700,000

Bank

of

America

Corp

2

.676

06/19/41

4,101,257‌

5,000,000

Bank

of

America

Corp

4

.375

N/A‡

4,148,850‌

7,000,000

Bank

of

America

Corp

6

.100

N/A‡

6,892,760‌

3,000,000

Barclays

plc

3

.932

05/07/25

2,951,136‌

450,000

Barclays

plc

2

.279

11/24/27

398,931‌

2,225,000

Barclays

plc

3

.330

11/24/42

1,653,680‌

6,855,000

Barclays

plc

6

.125

N/A‡

6,364,711‌

3,300,000

g

BNP

Paribas

S.A.

2

.819

11/19/25

3,152,412‌

100,000

g

BNP

Paribas

S.A.

4

.375

05/12/26

97,847‌

2,150,000

g

BNP

Paribas

S.A.

1

.904

09/30/28

1,837,380‌

1,800,000

g

BNP

Paribas

S.A.

2

.159

09/15/29

1,505,598‌

6,600,000

g

BNP

Paribas

S.A.

2

.588

08/12/35

5,194,957‌

925,000

g

BNP

Paribas

S.A.

6

.625

N/A‡

886,844‌

1,625,000

Citigroup,

Inc

3

.875

03/26/25

1,602,308‌

5,895,000

Citigroup,

Inc

3

.200

10/21/26

5,609,354‌

2,805,000

Citigroup,

Inc

4

.300

11/20/26

2,764,596‌

695,000

Citigroup,

Inc

4

.450

09/29/27

680,635‌

2,135,000

Citigroup,

Inc

2

.572

06/03/31

1,794,657‌

9,125,000

Citigroup,

Inc

2

.520

11/03/32

7,403,594‌

5,000,000

Citigroup,

Inc

4

.910

05/24/33

4,933,628‌

7,500,000

Citigroup,

Inc

6

.300

N/A‡

6,999,525‌

5,000,000

Citigroup,

Inc

6

.250

N/A‡

4,874,424‌

7,200,000

Citigroup,

Inc

5

.000

N/A‡

6,336,000‌

1,075,000

g

Cooperatieve

Rabobank

UA

1

.339

06/24/26

980,540‌

4,950,000

Cooperatieve

Rabobank

UA

3

.750

07/21/26

4,719,849‌

1,525,000

g

DBS

Group

Holdings

Ltd

4

.520

12/11/28

1,537,078‌

1,775,000

g

Development

Bank

of

Kazakhstan

JSC

5

.750

05/12/25

1,769,799‌

2,450,000

Discover

Bank

2

.450

09/12/24

2,356,201‌

800,000

Discover

Bank

4

.250

03/13/26

780,902‌

1,625,000

Discover

Bank

3

.450

07/27/26

1,535,232‌

1,375,000

Discover

Bank

2

.700

02/06/30

1,148,240‌

2,500,000

g

Grupo

Aval

Ltd

4

.375

02/04/30

1,862,500‌

2,160,000

g

Hana

Bank

3

.500

N/A‡

1,973,195‌

1,300,000

HSBC

Holdings

plc

3

.900

05/25/26

1,270,553‌

4,325,000

HSBC

Holdings

plc

4

.292

09/12/26

4,225,482‌

630,000

HSBC

Holdings

plc

4

.375

11/23/26

615,806‌

8,750,000

HSBC

Holdings

plc

2

.251

11/22/27

7,795,958‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

229

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

2,250,000

HSBC

Holdings

plc

2

.013

%

09/22/28

$

1,924,507‌

2,950,000

HSBC

Holdings

plc

2

.206

08/17/29

2,477,774‌

2,200,000

HSBC

Holdings

plc

3

.973

05/22/30

2,020,853‌

8,500,000

HSBC

Holdings

plc

6

.000

N/A‡

7,618,125‌

990,000

Huntington

Bancshares,

Inc

4

.000

05/15/25

985,007‌

4,000,000

Huntington

Bancshares,

Inc

5

.625

N/A‡

3,739,456‌

3,000,000

g

ICICI

Bank

Ltd

4

.000

03/18/26

2,955,653‌

1,100,000

ING

Groep

NV

3

.950

03/29/27

1,059,995‌

5,000,000

ING

Groep

NV

3

.875

N/A‡

3,621,072‌

3,000,000

g

Intercorp

Financial

Services,

Inc

4

.125

10/19/27

2,707,500‌

700,000

JPMorgan

Chase

&

Co

2

.700

05/18/23

696,732‌

660,000

JPMorgan

Chase

&

Co

3

.900

07/15/25

661,043‌

350,000

JPMorgan

Chase

&

Co

3

.200

06/15/26

337,680‌

6,325,000

JPMorgan

Chase

&

Co

4

.323

04/26/28

6,220,802‌

13,880,000

JPMorgan

Chase

&

Co

3

.702

05/06/30

12,911,452‌

2,125,000

JPMorgan

Chase

&

Co

2

.956

05/13/31

1,834,690‌

7,725,000

JPMorgan

Chase

&

Co

1

.953

02/04/32

6,174,389‌

14,925,000

JPMorgan

Chase

&

Co

3

.157

04/22/42

11,595,524‌

1,250,000

JPMorgan

Chase

&

Co

4

.260

02/22/48

1,114,620‌

5,250,000

JPMorgan

Chase

&

Co

3

.650

N/A‡

4,299,750‌

2,500,000

i

JPMorgan

Chase

&

Co

LIBOR

3

M

+

3.320%

5

.597

N/A‡

2,337,500‌

4,000,000

JPMorgan

Chase

&

Co

5

.000

N/A‡

3,530,000‌

2,000,000

JPMorgan

Chase

&

Co

6

.100

N/A‡

1,867,600‌

890,000

Keycorp

5

.000

N/A‡

776,516‌

2,900,000

Lloyds

Banking

Group

plc

6

.750

N/A‡

2,729,828‌

4,000,000

Lloyds

Banking

Group

plc

7

.500

N/A‡

3,898,688‌

4,175,000

M&T

Bank

Corp

3

.500

N/A‡

3,183,438‌

1,800,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.193

02/25/25

1,708,329‌

3,000,000

g

Mizrahi

Tefahot

Bank

Ltd

3

.077

04/07/31

2,580,000‌

1,850,000

Natwest

Group

plc

3

.032

11/28/35

1,476,835‌

1,700,000

NatWest

Group

plc

5

.516

09/30/28

1,712,109‌

4,900,000

g

NBK

SPC

Ltd

1

.625

09/15/27

4,370,604‌

3,000,000

g

NBK

Tier  Financing

Ltd

3

.625

N/A‡

2,695,620‌

1,665,000

g

Oversea-Chinese

Banking

Corp

Ltd

1

.832

09/10/30

1,533,965‌

2,500,000

PNC

Financial

Services

Group,

Inc

3

.900

04/29/24

2,506,070‌

5,225,000

PNC

Financial

Services

Group,

Inc

3

.400

N/A‡

3,967,454‌

2,500,000

i

PNC

Financial

Services

Group,

Inc

LIBOR

3

M

+

3.678%

3

.804

N/A‡

2,406,242‌

3,000,000

Royal

Bank

of

Scotland

Group

plc

6

.000

N/A‡

2,776,222‌

1,830,000

Santander

Holdings

USA,

Inc

3

.400

01/18/23

1,827,297‌

3,675,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.778

10/18/22

3,676,533‌

1,600,000

Sumitomo

Mitsui

Financial

Group,

Inc

1

.474

07/08/25

1,469,425‌

1,500,000

SVB

Financial

Group

4

.100

N/A‡

1,031,571‌

475,000

Toronto-Dominion

Bank

3

.625

09/15/31

457,839‌

5,055,000

Truist

Financial

Corp

4

.800

N/A‡

4,523,720‌

3,000,000

g

Turkiye

Garanti

Bankasi

AS.

7

.177

05/24/27

2,550,420‌

2,500,000

g

Turkiye

Vakiflar

Bankasi

TAO

6

.500

01/08/26

2,172,826‌

550,000

g

Turkiye

Vakiflar

Bankasi

TAO

5

.500

10/01/26

450,324‌

2,100,000

g

UBS

Group

AG.

3

.179

02/11/43

1,582,441‌

1,700,000

g

United

Overseas

Bank

Ltd

3

.750

04/15/29

1,686,314‌

3,000,000

g

United

Overseas

Bank

Ltd

2

.000

10/14/31

2,703,405‌

925,000

Wells

Fargo

&

Co

3

.750

01/24/24

927,190‌

1,050,000

Wells

Fargo

&

Co

3

.550

09/29/25

1,031,271‌

3,800,000

Wells

Fargo

&

Co

3

.526

03/24/28

3,599,160‌

5,825,000

Wells

Fargo

&

Co

2

.393

06/02/28

5,216,456‌

8,350,000

Wells

Fargo

&

Co

3

.900

N/A‡

7,191,438‌

1,500,000

Wells

Fargo

&

Co

5

.875

N/A‡

1,462,350‌

635,000

Westpac

Banking

Corp

2

.668

11/15/35

505,411‌

TOTAL

BANKS

377,738,621‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

230

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS

-

1

.0

%

$

1,325,000

Air

Lease

Corp

3

.000

%

02/01/30

$

1,081,285‌

4,100,000

Air

Lease

Corp

3

.125

12/01/30

3,351,048‌

1,690,000

g

Airbus

SE

3

.150

04/10/27

1,627,742‌

600,000

g

BAE

Systems

plc

1

.900

02/15/31

482,638‌

2,000,000

g

BOC

Aviation

Ltd

3

.000

09/11/29

1,786,659‌

10,500,000

Boeing

Co

2

.196

02/04/26

9,464,339‌

1,050,000

Boeing

Co

3

.250

02/01/28

938,297‌

2,350,000

Boeing

Co

2

.950

02/01/30

1,955,447‌

2,300,000

Boeing

Co

3

.250

02/01/35

1,740,320‌

1,375,000

Boeing

Co

5

.705

05/01/40

1,282,554‌

4,375,000

Boeing

Co

5

.805

05/01/50

4,018,314‌

3,075,000

g

H&E

Equipment

Services,

Inc

3

.875

12/15/28

2,486,906‌

1,750,000

Ingersoll-Rand

Luxembourg

Finance

S.A.

3

.800

03/21/29

1,638,761‌

800,000

L3Harris

Technologies,

Inc

3

.850

06/15/23

799,886‌

500,000

g

Land

O'

Lakes,

Inc

8

.000

N/A‡

492,352‌

75,000

Lockheed

Martin

Corp

1

.850

06/15/30

64,006‌

1,925,000

Northrop

Grumman

Corp

3

.250

01/15/28

1,829,754‌

2,625,000

Parker-Hannifin

Corp

3

.250

06/14/29

2,402,357‌

199,000

Raytheon

Technologies

Corp

3

.650

08/16/23

198,791‌

4,450,000

Raytheon

Technologies

Corp

4

.125

11/16/28

4,391,576‌

1,080,000

Raytheon

Technologies

Corp

2

.250

07/01/30

931,048‌

1,725,000

Raytheon

Technologies

Corp

4

.500

06/01/42

1,644,958‌

325,000

g

Rolls-Royce

plc

5

.750

10/15/27

292,922‌

4,100,000

Roper

Technologies,

Inc

2

.000

06/30/30

3,301,605‌

850,000

g

Tupy

Overseas

S.A.

4

.500

02/16/31

650,888‌

725,000

g

WESCO

Distribution,

Inc

7

.250

06/15/28

717,025‌

TOTAL

CAPITAL

GOODS

49,571,478‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.4

%

2,125,000

g

ADT

Corp

4

.875

07/15/32

1,691,542‌

1,395,000

g

Albion

Financing  SARL

6

.125

10/15/26

1,193,879‌

800,000

g

ASGN,

Inc

4

.625

05/15/28

693,040‌

925,000

g

Booz

Allen

Hamilton,

Inc

3

.875

09/01/28

818,625‌

370,000

g

Booz

Allen

Hamilton,

Inc

4

.000

07/01/29

322,614‌

250,000

g

GFL

Environmental,

Inc

4

.250

06/01/25

235,930‌

1,000,000

g

GFL

Environmental,

Inc

3

.750

08/01/25

927,500‌

250,000

g

GFL

Environmental,

Inc

5

.125

12/15/26

239,075‌

3,150,000

g

GFL

Environmental,

Inc

3

.500

09/01/28

2,701,125‌

775,000

g

Prime

Security

Services

Borrower

LLC

5

.250

04/15/24

757,562‌

2,750,000

g

Prime

Security

Services

Borrower

LLC

5

.750

04/15/26

2,564,375‌

1,200,000

g

Prime

Security

Services

Borrower

LLC

3

.375

08/31/27

988,500‌

2,725,000

g

Prime

Security

Services

Borrower

LLC

6

.250

01/15/28

2,279,723‌

1,550,000

Republic

Services,

Inc

2

.900

07/01/26

1,480,382‌

200,000

g

Ritchie

Bros

Auctioneers,

Inc

5

.375

01/15/25

195,834‌

1,330,000

Verisk

Analytics,

Inc

4

.125

03/15/29

1,281,505‌

75,000

Verisk

Analytics,

Inc

3

.625

05/15/50

58,388‌

1,325,000

g

WASH

Multifamily

Acquisition,

Inc

5

.750

04/15/26

1,248,813‌

850,000

Waste

Management,

Inc

2

.500

11/15/50

571,697‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

20,250,109‌

CONSUMER

DURABLES

&

APPAREL

-

0

.2

%

400,000

Leggett

&

Platt,

Inc

4

.400

03/15/29

388,903‌

5,000,000

Lennar

Corp

4

.750

11/29/27

4,854,349‌

369,000

Newell

Brands,

Inc

4

.875

06/01/25

363,480‌

5,000,000

e

PulteGroup,

Inc

5

.000

01/15/27

4,999,513‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

10,606,245‌

CONSUMER

SERVICES

-

0

.5

%

8,000,000

Anheuser-Busch

Cos

LLC

3

.650

02/01/26

7,869,921‌

2,830,000

Anheuser-Busch

Cos

LLC

4

.900

02/01/46

2,659,888‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

231

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

SERVICES—continued

$

1,825,000

g

Cedar

Fair

LP

5

.500

%

05/01/25

$

1,770,250‌

2,300,000

g

ENA

Master

Trust

4

.000

05/19/48

1,785,444‌

150,000

g

Hilton

Domestic

Operating

Co,

Inc

5

.750

05/01/28

142,625‌

2,200,000

g

Hilton

Domestic

Operating

Co,

Inc

3

.625

02/15/32

1,747,625‌

2,070,000

g

International

Game

Technology

plc

6

.500

02/15/25

2,059,650‌

400,000

g

International

Game

Technology

plc

4

.125

04/15/26

362,000‌

2,550,000

g

Live

Nation

Entertainment,

Inc

6

.500

05/15/27

2,507,721‌

425,000

g

Marriott

Ownership

Resorts,

Inc

4

.500

06/15/29

353,463‌

2,355,000

i

Nature

Conservancy

LIBOR

3

M

+

1.080%

2

.366

02/01/24

2,344,899‌

1,665,000

g

Sands

China

Ltd

2

.550

03/08/27

1,212,120‌

450,000

g

Wynn

Macau

Ltd

5

.625

08/26/28

277,200‌

TOTAL

CONSUMER

SERVICES

25,092,806‌

DIVERSIFIED

FINANCIALS

-

4

.2

%

2,150,000

AerCap

Ireland

Capital

DAC

1

.750

01/30/26

1,879,171‌

5,500,000

AerCap

Ireland

Capital

DAC

2

.450

10/29/26

4,789,196‌

2,650,000

AerCap

Ireland

Capital

DAC

3

.000

10/29/28

2,232,145‌

1,250,000

AerCap

Ireland

Capital

DAC

3

.300

01/30/32

1,000,614‌

750,000

AerCap

Ireland

Capital

DAC

3

.850

10/29/41

540,429‌

2,312,000

American

Express

Co

3

.700

08/03/23

2,320,120‌

3,000,000

g

B3

S.A.-Brasil

Bolsa

Balcao

4

.125

09/20/31

2,469,000‌

4,000,000

g

Banco

BTG

Pactual

S.A.

2

.750

01/11/26

3,553,800‌

1,380,000

g

Banco

Mercantil

del

Norte

S.A.

6

.750

N/A‡

1,298,594‌

2,500,000

g

Bangkok

Bank

PCL

4

.300

06/15/27

2,500,259‌

7,086,000

Bank

of

New

York

Mellon

Corp

4

.700

N/A‡

6,923,022‌

2,850,000

g

BBVA

Bancomer

S.A.

5

.125

01/18/33

2,409,675‌

2,825,000

Capital

One

Bank

USA

NA

3

.375

02/15/23

2,822,660‌

75,000

Capital

One

Financial

Corp

3

.750

03/09/27

71,788‌

3,940,000

e

Capital

One

Financial

Corp

3

.950

N/A‡

3,161,850‌

6,675,000

Charles

Schwab

Corp

5

.375

N/A‡

6,591,563‌

600,000

g

Compass

Group

Diversified

Holdings

LLC

5

.250

04/15/29

495,000‌

475,000

g

Credit

Suisse

Group

AG.

2

.193

06/05/26

430,514‌

5,900,000

g

Credit

Suisse

Group

AG.

1

.305

02/02/27

5,075,480‌

4,075,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

3

.800

06/09/23

4,036,309‌

2,325,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

3

.750

03/26/25

2,252,085‌

5,000,000

Danske

Bank

A.S.

4

.375

N/A‡

4,225,000‌

2,275,000

Deutsche

Bank

AG.

2

.311

11/16/27

1,963,284‌

4,000,000

Deutsche

Bank

AG.

3

.035

05/28/32

3,164,846‌

3,400,000

Deutsche

Bank

AG.

4

.789

N/A‡

2,783,750‌

4,750,000

e

Deutsche

Bank

AG.

6

.000

N/A‡

4,096,875‌

8,400,000

e

Discover

Financial

Services

6

.125

N/A‡

8,399,160‌

4,550,000

Equitable

Holdings,

Inc

4

.950

N/A‡

4,275,699‌

1,140,000

Ford

Motor

Credit

Co

LLC

5

.584

03/18/24

1,134,300‌

1,400,000

Ford

Motor

Credit

Co

LLC

4

.000

11/13/30

1,134,357‌

4,868,000

GE

Capital

International

Funding

Co

4

.418

11/15/35

4,546,689‌

2,000,000

General

Motors

Financial

Co,

Inc

2

.750

06/20/25

1,876,507‌

6,600,000

General

Motors

Financial

Co,

Inc

5

.000

04/09/27

6,474,318‌

1,800,000

General

Motors

Financial

Co,

Inc

5

.650

01/17/29

1,795,627‌

8,225,000

General

Motors

Financial

Co,

Inc

2

.700

06/10/31

6,480,559‌

2,550,000

General

Motors

Financial

Co,

Inc

5

.700

N/A‡

2,218,500‌

2,000,000

e

General

Motors

Financial

Co,

Inc

5

.750

N/A‡

1,675,000‌

1,250,000

Goldman

Sachs

Group,

Inc

4

.000

03/03/24

1,253,907‌

1,000,000

Goldman

Sachs

Group,

Inc

3

.500

04/01/25

980,254‌

11,350,000

Goldman

Sachs

Group,

Inc

2

.640

02/24/28

10,300,998‌

2,500,000

Goldman

Sachs

Group,

Inc

2

.615

04/22/32

2,075,588‌

710,000

Goldman

Sachs

Group,

Inc

2

.650

10/21/32

585,066‌

1,065,000

Goldman

Sachs

Group,

Inc

4

.017

10/31/38

929,988‌

1,625,000

Goldman

Sachs

Group,

Inc

3

.210

04/22/42

1,240,897‌

1,450,000

Goldman

Sachs

Group,

Inc

3

.436

02/24/43

1,136,906‌

8,050,000

Goldman

Sachs

Group,

Inc

5

.500

N/A‡

7,770,665‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

232

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,250,000

g,i

Hestia

Re

Ltd

SOFR

+

9.500%

9

.500

%

04/22/25

$

1,236,500‌

2,000,000

g

High

Street

Funding

Trust

I

4

.111

02/15/28

1,953,324‌

925,000

Icahn

Enterprises

LP

5

.250

05/15/27

819,402‌

3,850,000

Icahn

Enterprises

LP

4

.375

02/01/29

3,111,416‌

5,000,000

g

Indian

Railway

Finance

Corp

Ltd

2

.800

02/10/31

4,063,693‌

2,000,000

International

Lease

Finance

Corp

5

.875

08/15/22

2,003,773‌

425,000

Legg

Mason,

Inc

3

.950

07/15/24

427,189‌

3,425,000

g

LPL

Holdings,

Inc

4

.000

03/15/29

2,930,290‌

1,145,000

g

Matterhorn

Re

Ltd

0

.000

12/07/22

1,041,378‌

500,000

g,i

Matterhorn

Re

Ltd

SOFR

+

5.315%

7

.322

03/24/25

488,000‌

1,400,000

g

Minejesa

Capital

BV

4

.625

08/10/30

1,254,260‌

1,000,000

g

Minejesa

Capital

BV

5

.625

08/10/37

809,030‌

6,550,000

Morgan

Stanley

3

.125

01/23/23

6,547,745‌

3,445,000

Morgan

Stanley

2

.720

07/22/25

3,318,823‌

2,650,000

Morgan

Stanley

2

.188

04/28/26

2,480,805‌

6,625,000

Morgan

Stanley

3

.125

07/27/26

6,319,888‌

1,480,000

Morgan

Stanley

3

.950

04/23/27

1,433,137‌

1,300,000

Morgan

Stanley

1

.512

07/20/27

1,140,139‌

1,425,000

Morgan

Stanley

2

.699

01/22/31

1,234,221‌

425,000

Morgan

Stanley

1

.794

02/13/32

334,304‌

1,325,000

Morgan

Stanley

1

.928

04/28/32

1,050,683‌

535,000

Morgan

Stanley

2

.239

07/21/32

433,405‌

1,140,000

Northern

Trust

Corp

3

.950

10/30/25

1,144,648‌

1,345,000

OneMain

Finance

Corp

3

.500

01/15/27

1,076,000‌

2,375,000

g

Power

Finance

Corp

Ltd

3

.950

04/23/30

2,106,299‌

2,000,000

g

REC

Ltd

4

.750

05/19/23

2,008,235‌

1,000,000

SLM

Corp

5

.500

01/25/23

991,260‌

2,100,000

g

Societe

Generale

S.A.

4

.027

01/21/43

1,485,135‌

600,000

Springleaf

Finance

Corp

6

.125

03/15/24

573,000‌

1,350,000

Springleaf

Finance

Corp

5

.375

11/15/29

1,093,986‌

700,000

g

Swiss

Re

Finance

Luxembourg

SA

5

.000

04/02/49

661,850‌

1,775,000

Synchrony

Financial

4

.250

08/15/24

1,763,978‌

1,250,000

Synchrony

Financial

3

.950

12/01/27

1,139,494‌

2,500,000

g

UBS

Group

AG

7

.000

N/A‡

2,435,306‌

260,000

Voya

Financial,

Inc

5

.700

07/15/43

264,069‌

TOTAL

DIVERSIFIED

FINANCIALS

200,546,679‌

ENERGY

-

3

.7

%

1,450,000

g

Abu

Dhabi

Crude

Oil

Pipeline

LLC

4

.600

11/02/47

1,361,966‌

400,000

AmeriGas

Partners

LP

5

.875

08/20/26

373,154‌

3,950,000

g

Archrock

Partners

LP

6

.875

04/01/27

3,601,887‌

375,000

g

Archrock

Partners

LP

6

.250

04/01/28

331,987‌

5,150,000

Cenovus

Energy,

Inc

4

.250

04/15/27

5,047,741‌

550,000

e

Cenovus

Energy,

Inc

2

.650

01/15/32

454,852‌

2,000,000

Cenovus

Energy,

Inc

5

.400

06/15/47

1,921,085‌

128,950

o

Cloud

Peak

Energy,

Inc

12

.000

05/01/25

123,147‌

2,125,000

g

Cosan

Ltd

5

.500

09/20/29

1,958,740‌

2,125,000

Diamondback

Energy,

Inc

3

.250

12/01/26

2,073,232‌

3,000,000

Diamondback

Energy,

Inc

3

.500

12/01/29

2,747,892‌

2,200,000

Diamondback

Energy,

Inc

3

.125

03/24/31

1,916,095‌

1,600,000

Diamondback

Energy,

Inc

4

.250

03/15/52

1,326,970‌

1,790,000

g

DT

Midstream,

Inc

4

.125

06/15/29

1,517,025‌

1,490,000

g

DT

Midstream,

Inc

4

.375

06/15/31

1,247,875‌

2,300,000

Ecopetrol

S.A.

6

.875

04/29/30

2,033,200‌

2,275,000

Ecopetrol

S.A.

4

.625

11/02/31

1,723,290‌

2,000,000

g

Empresa

Nacional

del

Petroleo

3

.450

09/16/31

1,615,000‌

2,340,000

Enbridge,

Inc

5

.750

07/15/80

2,139,509‌

500,000

g

Energean

Israel

Finance

Ltd

4

.875

03/30/26

441,515‌

897,000

g

Energean

Israel

Finance

Ltd

5

.375

03/30/28

760,303‌

4,200,000

Energy

Transfer

LP

6

.500

N/A‡

3,712,454‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

233

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

1,375,000

Energy

Transfer

Operating

LP

2

.900

%

05/15/25

$

1,306,913‌

950,000

Energy

Transfer

Operating

LP

4

.750

01/15/26

946,442‌

575,000

Energy

Transfer

Operating

LP

5

.500

06/01/27

583,631‌

2,000,000

Energy

Transfer

Operating

LP

4

.950

06/15/28

1,970,771‌

575,000

Energy

Transfer

Operating

LP

5

.250

04/15/29

569,513‌

2,100,000

Energy

Transfer

Operating

LP

6

.250

04/15/49

2,035,563‌

2,700,000

Energy

Transfer

Operating

LP

5

.000

05/15/50

2,297,550‌

525,000

g

EnLink

Midstream

LLC

5

.625

01/15/28

481,565‌

1,025,000

Enterprise

Products

Operating

LLC

3

.700

02/15/26

1,007,353‌

1,550,000

Enterprise

Products

Operating

LLC

3

.125

07/31/29

1,394,899‌

200,000

Enterprise

Products

Operating

LLC

2

.800

01/31/30

175,095‌

1,025,000

Enterprise

Products

Operating

LLC

4

.250

02/15/48

862,209‌

2,105,000

Enterprise

Products

Operating

LLC

4

.200

01/31/50

1,755,313‌

3,125,000

Enterprise

Products

Operating

LLC

3

.700

01/31/51

2,441,969‌

2,050,000

Enterprise

Products

Operating

LLC

3

.300

02/15/53

1,491,146‌

450,000

g

EQM

Midstream

Partners

LP

6

.000

07/01/25

431,406‌

2,000,000

g

EQM

Midstream

Partners

LP

4

.500

01/15/29

1,623,760‌

850,000

g

EQT

Corp

3

.125

05/15/26

795,863‌

3,202,546

g

Galaxy

Pipeline

Assets

Bidco

Ltd

2

.160

03/31/34

2,717,485‌

2,750,000

g

Galaxy

Pipeline

Assets

Bidco

Ltd

2

.625

03/31/36

2,221,953‌

675,000

Genesis

Energy

LP

6

.500

10/01/25

622,688‌

3,750,000

Genesis

Energy

LP

6

.250

05/15/26

3,351,562‌

450,000

g

Hilcorp

Energy

I

LP

5

.750

02/01/29

395,163‌

450,000

g

Hilcorp

Energy

I

LP

6

.000

02/01/31

387,000‌

475,000

g

Holly

Energy

Partners

LP

6

.375

04/15/27

447,099‌

1,700,000

g

KazMunayGas

National

Co

JSC

5

.375

04/24/30

1,495,089‌

2,000,000

g

KazMunayGas

National

Co

JSC

3

.500

04/14/33

1,434,888‌

715,000

Kinder

Morgan

Energy

Partners

LP

5

.400

09/01/44

658,783‌

1,325,000

g

Kosmos

Energy

Ltd

7

.750

05/01/27

1,133,170‌

2,025,000

g

Leviathan

Bond

Ltd

6

.125

06/30/25

1,901,737‌

2,200,000

Marathon

Petroleum

Corp

3

.800

04/01/28

2,083,124‌

4,150,000

Marathon

Petroleum

Corp

4

.750

09/15/44

3,656,065‌

1,650,000

Marathon

Petroleum

Corp

5

.000

09/15/54

1,481,976‌

2,500,000

g

MEG

Energy

Corp

7

.125

02/01/27

2,517,700‌

2,625,000

MPLX

LP

1

.750

03/01/26

2,363,392‌

7,275,000

MPLX

LP

2

.650

08/15/30

6,072,711‌

1,550,000

MPLX

LP

4

.700

04/15/48

1,302,978‌

1,617,000

Murphy

Oil

Corp

5

.875

12/01/27

1,509,065‌

325,000

Occidental

Petroleum

Corp

5

.500

12/01/25

320,125‌

800,000

Occidental

Petroleum

Corp

5

.550

03/15/26

794,424‌

2,375,000

e

Occidental

Petroleum

Corp

3

.500

08/15/29

2,121,540‌

1,100,000

ONEOK,

Inc

4

.000

07/13/27

1,059,313‌

4,150,000

ONEOK,

Inc

4

.550

07/15/28

4,012,215‌

3,050,000

ONEOK,

Inc

4

.350

03/15/29

2,868,648‌

1,650,000

ONEOK,

Inc

4

.500

03/15/50

1,321,530‌

2,000,000

g

Parkland

Corp

4

.500

10/01/29

1,621,283‌

1,260,000

g

Parkland

Corp

4

.625

05/01/30

1,022,153‌

5,000,000

g

Pertamina

Persero

PT

1

.400

02/09/26

4,446,081‌

3,000,000

g

Pertamina

Persero

PT

2

.300

02/09/31

2,437,374‌

2,000,000

Petrobras

Global

Finance

BV

6

.900

03/19/49

1,787,000‌

1,992,000

Petroleos

Mexicanos

6

.840

01/23/30

1,566,847‌

2,700,000

Petroleos

Mexicanos

5

.950

01/28/31

1,974,726‌

4,509,000

Petroleos

Mexicanos

6

.700

02/16/32

3,438,113‌

1,475,000

e,g

Petronas

Energy

Canada

Ltd

2

.112

03/23/28

1,329,714‌

2,700,000

Phillips

66

2

.150

12/15/30

2,205,464‌

1,450,000

Phillips

66

3

.300

03/15/52

1,079,224‌

715,000

g

Phillips

66

Co

4

.680

02/15/45

660,650‌

475,000

Regency

Energy

Partners

LP

4

.500

11/01/23

477,374‌

705,000

Sabine

Pass

Liquefaction

LLC

5

.875

06/30/26

728,428‌

3,950,000

Sabine

Pass

Liquefaction

LLC

4

.200

03/15/28

3,798,946‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

234

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

5,800,000

Sabine

Pass

Liquefaction

LLC

4

.500

%

05/15/30

$

5,558,243‌

640,000

g

Santos

Finance

Ltd

3

.649

04/29/31

542,845‌

2,675,000

g

Saudi

Arabian

Oil

Co

2

.250

11/24/30

2,271,686‌

820,000

Shell

International

Finance

BV

3

.125

11/07/49

628,917‌

2,000,000

g

SierraCol

Energy

Andina

LLC

6

.000

06/15/28

1,460,000‌

455,000

Suncor

Energy,

Inc

6

.800

05/15/38

510,676‌

1,400,000

Sunoco

Logistics

Partners

Operations

LP

4

.000

10/01/27

1,325,020‌

600,000

Sunoco

Logistics

Partners

Operations

LP

5

.400

10/01/47

526,424‌

1,150,000

Sunoco

LP

4

.500

05/15/29

947,926‌

1,525,000

Targa

Resources

Corp

4

.200

02/01/33

1,381,414‌

1,525,000

Targa

Resources

Corp

4

.950

04/15/52

1,306,849‌

525,000

Targa

Resources

Partners

LP

6

.500

07/15/27

537,789‌

1,000,000

Targa

Resources

Partners

LP

4

.000

01/15/32

855,760‌

2,000,000

g

Thaioil

Treasury

Center

Co

Ltd

2

.500

06/18/30

1,611,160‌

3,300,000

Total

Capital

International

S.A.

3

.127

05/29/50

2,522,521‌

3,440,000

TransCanada

PipeLines

Ltd

4

.250

05/15/28

3,347,114‌

1,750,000

TransCanada

PipeLines

Ltd

2

.500

10/12/31

1,454,713‌

2,000,000

Transcanada

Trust

5

.500

09/15/79

1,780,858‌

1,242,000

g

Tullow

Oil

plc

10

.250

05/15/26

1,186,110‌

1,600,000

USA

Compression

Partners

LP

6

.875

04/01/26

1,455,520‌

1,075,000

USA

Compression

Partners

LP

6

.875

09/01/27

954,063‌

1,800,000

Williams

Cos,

Inc

2

.600

03/15/31

1,506,520‌

TOTAL

ENERGY

173,096,808‌

FOOD

&

STAPLES

RETAILING

-

0

.3

%

2,350,000

Costco

Wholesale

Corp

1

.600

04/20/30

1,982,220‌

1,460,000

Kroger

Co

3

.875

10/15/46

1,212,708‌

2,500,000

g

MARB

BondCo

plc

3

.950

01/29/31

1,919,425‌

675,000

SYSCO

Corp

3

.300

07/15/26

652,805‌

2,250,000

SYSCO

Corp

3

.150

12/14/51

1,608,938‌

2,200,000

Walmart,

Inc

1

.050

09/17/26

2,000,525‌

280,000

Walmart,

Inc

2

.375

09/24/29

254,326‌

5,125,000

Walmart,

Inc

1

.800

09/22/31

4,351,149‌

2,375,000

Walmart,

Inc

2

.500

09/22/41

1,845,509‌

TOTAL

FOOD

&

STAPLES

RETAILING

15,827,605‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.1

%

1,230,000

Altria

Group,

Inc

5

.950

02/14/49

1,077,798‌

5,580,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.750

01/23/29

5,676,889‌

1,745,000

Anheuser-Busch

InBev

Worldwide,

Inc

4

.439

10/06/48

1,530,470‌

1,850,000

BAT

Capital

Corp

2

.259

03/25/28

1,549,812‌

3,650,000

BAT

Capital

Corp

4

.906

04/02/30

3,390,036‌

3,735,000

BAT

Capital

Corp

2

.726

03/25/31

2,958,133‌

4,400,000

BAT

International

Finance

plc

4

.448

03/16/28

4,165,294‌

2,000,000

e,g

BRF

S.A.

5

.750

09/21/50

1,330,820‌

2,700,000

g

Cia

Cervecerias

Unidas

S.A.

3

.350

01/19/32

2,296,080‌

1,830,000

g

CNTL

AMR

BOTTLING

CORP

5

.250

04/27/29

1,596,675‌

3,000,000

g

Coca-Cola

Icecek

AS.

4

.500

01/20/29

2,448,672‌

450,000

Constellation

Brands,

Inc

4

.400

11/15/25

452,066‌

450,000

Constellation

Brands,

Inc

3

.700

12/06/26

438,092‌

1,625,000

Constellation

Brands,

Inc

3

.150

08/01/29

1,462,602‌

2,350,000

Constellation

Brands,

Inc

2

.875

05/01/30

2,044,271‌

1,700,000

Constellation

Brands,

Inc

2

.250

08/01/31

1,378,694‌

900,000

g

Corp

Lindley

S.A.

4

.625

04/12/23

896,130‌

1,650,000

Diageo

Capital

plc

2

.125

10/24/24

1,591,627‌

2,425,000

Diageo

Capital

plc

2

.375

10/24/29

2,152,854‌

1,150,000

Diageo

Capital

plc

2

.000

04/29/30

981,036‌

1,700,000

g

Grupo

Bimbo

SAB

de

C.V.

4

.700

11/10/47

1,558,948‌

2,000,000

g

NBM

US

Holdings,

Inc

6

.625

08/06/29

1,920,000‌

1,500,000

g

Primo

Water

Holdings,

Inc

4

.375

04/30/29

1,225,095‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

235

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOOD,

BEVERAGE

&

TOBACCO—continued

$

2,250,000

g

Sigma

Alimentos

S.A.

de

C.V.

4

.125

%

05/02/26

$

2,119,883‌

5,325,000

g

Ulker

Biskuvi

Sanayi

AS.

6

.950

10/30/25

4,084,808‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

50,326,785‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1

.6

%

450,000

Abbott

Laboratories

5

.300

05/27/40

489,265‌

4,200,000

Anthem,

Inc

2

.250

05/15/30

3,588,861‌

1,660,000

Becton

Dickinson

&

Co

2

.823

05/20/30

1,460,117‌

1,200,000

Boston

Scientific

Corp

2

.650

06/01/30

1,047,078‌

1,640,000

Centene

Corp

2

.450

07/15/28

1,367,826‌

6,410,000

Centene

Corp

3

.000

10/15/30

5,312,287‌

2,750,000

g

CHS/Community

Health

Systems,

Inc

8

.000

03/15/26

2,504,397‌

1,250,000

g

CHS/Community

Health

Systems,

Inc

5

.250

05/15/30

949,875‌

1,525,000

Cigna

Corp

3

.200

03/15/40

1,203,783‌

7,450,000

CVS

Health

Corp

1

.750

08/21/30

5,967,011‌

5,175,000

CVS

Health

Corp

4

.780

03/25/38

4,898,425‌

1,400,000

CVS

Health

Corp

2

.700

08/21/40

1,010,757‌

4,925,000

CVS

Health

Corp

5

.050

03/25/48

4,714,447‌

5,400,000

Encompass

Health

Corp

4

.500

02/01/28

4,622,935‌

9,000,000

HCA,

Inc

3

.500

09/01/30

7,656,390‌

1,320,000

HCA,

Inc

5

.500

06/15/47

1,177,483‌

3,500,000

g

Hologic,

Inc

3

.250

02/15/29

2,991,450‌

1,800,000

Humana,

Inc

3

.950

03/15/27

1,765,484‌

2,000,000

Humana,

Inc

2

.150

02/03/32

1,619,471‌

990,000

g

LifePoint

Health,

Inc

4

.375

02/15/27

848,251‌

3,700,000

g

MPH

Acquisition

Holdings

LLC

5

.500

09/01/28

3,292,996‌

3,375,000

MPT

Operating

Partnership

LP

3

.500

03/15/31

2,660,040‌

375,000

g

Tenet

Healthcare

Corp

4

.625

06/15/28

326,542‌

3,400,000

g

Tenet

Healthcare

Corp

6

.125

10/01/28

2,909,652‌

5,600,000

g

Tenet

Healthcare

Corp

4

.375

01/15/30

4,737,768‌

2,650,000

UnitedHealth

Group,

Inc

2

.950

10/15/27

2,544,965‌

3,625,000

UnitedHealth

Group,

Inc

2

.300

05/15/31

3,139,503‌

1,085,000

UnitedHealth

Group,

Inc

3

.750

10/15/47

937,589‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

75,744,648‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.0

%

875,000

Church

&

Dwight

Co,

Inc

2

.300

12/15/31

735,948‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

735,948‌

INSURANCE

-

0

.8

%

1,550,000

g

Acrisure

LLC

4

.250

02/15/29

1,253,042‌

150,000

Aetna,

Inc

6

.625

06/15/36

169,264‌

53,000

Aflac,

Inc

6

.450

08/15/40

58,303‌

1,000,000

g,i

Alamo

Re

Ltd

U.S.

Treasury

Bill

3

M

+

7.250%

7

.250

06/07/25

990,250‌

825,000

g

Alliant

Holdings

Intermediate

LLC

4

.250

10/15/27

714,096‌

325,000

g

AmWINS

Group,

Inc

4

.875

06/30/29

266,150‌

1,250,000

Aon

Corp

2

.800

05/15/30

1,092,664‌

2,425,000

Aon

plc

3

.500

06/14/24

2,410,005‌

500,000

Berkshire

Hathaway

Finance

Corp

2

.875

03/15/32

448,242‌

400,000

Berkshire

Hathaway

Finance

Corp

4

.250

01/15/49

368,408‌

3,895,000

Berkshire

Hathaway

Finance

Corp

2

.850

10/15/50

2,803,995‌

700,000

CNA

Financial

Corp

3

.950

05/15/24

700,189‌

550,000

g

Equitable

Financial

Life

Global

Funding

1

.400

07/07/25

505,464‌

1,690,000

g

Five

Corners

Funding

Trust

II

2

.850

05/15/30

1,470,197‌

7,425,000

Hartford

Financial

Services

Group,

Inc

2

.800

08/19/29

6,620,483‌

250,000

Hartford

Financial

Services

Group,

Inc

4

.300

04/15/43

221,247‌

850,000

Hartford

Financial

Services

Group,

Inc

2

.900

09/15/51

590,029‌

2,075,000

g

HCA,

Inc

3

.625

03/15/32

1,750,475‌

1,700,000

g

HCA,

Inc

4

.625

03/15/52

1,360,105‌

1,521,000

g

Liberty

Mutual

Group,

Inc

4

.569

02/01/29

1,495,534‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

236

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

INSURANCE—continued

$

1,750,000

g

Liberty

Mutual

Group,

Inc

3

.951

%

10/15/50

$

1,329,070‌

1,750,000

g

Liberty

Mutual

Group,

Inc

5

.500

06/15/52

1,657,568‌

375,000

Marsh

&

McLennan

Cos,

Inc

3

.500

03/10/25

370,137‌

875,000

MetLife,

Inc

3

.600

11/13/25

869,390‌

3,920,000

MetLife,

Inc

3

.850

N/A‡

3,490,579‌

500,000

Principal

Financial

Group,

Inc

2

.125

06/15/30

413,204‌

500,000

Prudential

Financial,

Inc

3

.905

12/07/47

431,100‌

1,050,000

Reinsurance

Group

of

America,

Inc

3

.900

05/15/29

987,588‌

850,000

Willis

North

America,

Inc

3

.600

05/15/24

837,236‌

TOTAL

INSURANCE

35,674,014‌

MATERIALS

-

2

.0

%

2,650,000

Albemarle

Corp

4

.650

06/01/27

2,607,881‌

1,125,000

g

Alpek

SAB

de

C.V.

4

.250

09/18/29

1,011,454‌

3,700,000

Amcor

Flexibles

North

America,

Inc

2

.690

05/25/31

3,018,899‌

875,000

g

Anglo

American

Capital

plc

3

.875

03/16/29

804,723‌

1,350,000

g

Anglo

American

Capital

plc

2

.625

09/10/30

1,110,952‌

4,300,000

AngloGold

Ashanti

Holdings

plc

3

.375

11/01/28

3,640,499‌

3,050,000

AngloGold

Ashanti

Holdings

plc

3

.750

10/01/30

2,510,967‌

1,225,000

g

Ardagh

Metal

Packaging

Finance

USA

LLC

3

.250

09/01/28

1,045,621‌

2,425,000

Ball

Corp

2

.875

08/15/30

1,951,898‌

270,000

Bemis

Co,

Inc

3

.100

09/15/26

258,783‌

1,200,000

Bemis

Co,

Inc

2

.630

06/19/30

983,949‌

5,375,000

Berry

Global,

Inc

1

.570

01/15/26

4,792,992‌

3,125,000

Berry

Global,

Inc

1

.650

01/15/27

2,735,286‌

1,145,000

g

CANPACK

S.A.

3

.125

11/01/25

995,484‌

2,500,000

g

Celulosa

Arauco

y

Constitucion

S.A.

4

.250

04/30/29

2,243,750‌

1,500,000

g

Cemex

SAB

de

C.V.

5

.450

11/19/29

1,333,500‌

2,425,000

g

Cemex

SAB

de

C.V.

3

.875

07/11/31

1,818,750‌

1,850,000

Church

&

Dwight

Co,

Inc

5

.000

06/15/52

1,891,259‌

1,500,000

Commercial

Metals

Co

4

.125

01/15/30

1,263,004‌

725,000

e,g

Constellium

SE

3

.750

04/15/29

574,978‌

2,300,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.625

08/01/27

2,177,997‌

2,000,000

g

Corp

Nacional

del

Cobre

de

Chile

3

.150

01/14/30

1,745,649‌

5,805,000

DowDuPont,

Inc

4

.493

11/15/25

5,844,520‌

1,605,000

DowDuPont,

Inc

4

.725

11/15/28

1,610,273‌

5,000,000

g

FMG

Resources

August

2006

Pty

Ltd

5

.875

04/15/30

4,500,000‌

1,785,000

g

Freeport

Indonesia

PT

5

.315

04/14/32

1,618,102‌

2,500,000

Freeport-McMoRan,

Inc

5

.450

03/15/43

2,312,625‌

700,000

g

Fresnillo

plc

4

.250

10/02/50

513,625‌

1,850,000

g

GCC

SAB

de

C.V.

3

.614

04/20/32

1,510,099‌

1,250,000

g

Gold

Fields

Orogen

Holdings

BVI

Ltd

6

.125

05/15/29

1,277,209‌

485,000

g

Midwest

Connector

Capital

Co

LLC

4

.625

04/01/29

457,394‌

377,000

Mosaic

Co

4

.875

11/15/41

344,615‌

1,200,000

Newmont

Corp

2

.250

10/01/30

996,066‌

1,665,000

Newmont

Corp

2

.600

07/15/32

1,373,957‌

3,000,000

g

Nova

Chemicals

Corp

4

.875

06/01/24

2,851,493‌

2,500,000

Nutrien

Ltd

2

.950

05/13/30

2,224,649‌

1,920,000

g

OCI

NV

4

.625

10/15/25

1,853,213‌

1,100,000

g

OCP

S.A.

3

.750

06/23/31

828,709‌

2,975,000

g

Orbia

Advance

Corp

SAB

de

C.V.

1

.875

05/11/26

2,655,188‌

2,900,000

g

PolyOne

Corp

5

.750

05/15/25

2,779,634‌

1,600,000

g

SABIC

Capital

II

BV

4

.500

10/10/28

1,608,055‌

2,575,000

Sasol

Financing

USA

LLC

4

.375

09/18/26

2,269,811‌

4,500,000

g

Sociedad

Quimica

y

Minera

de

Chile

S.A.

3

.500

09/10/51

3,324,375‌

2,200,000

g

Standard

Industries,

Inc

5

.000

02/15/27

1,963,625‌

2,100,000

Suzano

Austria

GmbH

2

.500

09/15/28

1,706,250‌

3,000,000

Suzano

Austria

GmbH

3

.125

01/15/32

2,258,520‌

911,000

g

Tronox,

Inc

4

.625

03/15/29

732,535‌

2,675,000

g

UltraTech

Cement

Ltd

2

.800

02/16/31

2,119,007‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

237

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MATERIALS—continued

$

815,000

g

Unifrax

Escrow

Issuer

Corp

5

.250

%

09/30/28

$

650,284‌

534,000

g

Volcan

Cia

Minera

SAA

4

.375

02/11/26

464,847‌

800,000

g

WR

Grace

Holdings

LLC

5

.625

08/15/29

589,000‌

1,000,000

WRKCo,

Inc

4

.900

03/15/29

1,003,008‌

1,500,000

WRKCo,

Inc

3

.000

06/15/33

1,271,171‌

TOTAL

MATERIALS

96,030,134‌

MEDIA

&

ENTERTAINMENT

-

2

.8

%

875,000

Activision

Blizzard,

Inc

3

.400

09/15/26

858,779‌

1,100,000

Activision

Blizzard,

Inc

1

.350

09/15/30

883,157‌

2,030,000

g

Adani

Electricity

Mumbai

Ltd

3

.867

07/22/31

1,595,204‌

2,050,000

Agree

LP

2

.000

06/15/28

1,750,330‌

3,989,216

g

Alfa

Desarrollo

S.p.A

4

.550

09/27/51

2,862,262‌

2,500,000

g

Arches

Buyer,

Inc

4

.250

06/01/28

2,035,512‌

1,475,000

g

Arcos

Dorados

BV

6

.125

05/27/29

1,386,500‌

625,000

e

AstraZeneca

Finance

LLC

2

.250

05/28/31

544,060‌

1,275,000

Baidu,

Inc

4

.375

05/14/24

1,283,651‌

1,550,000

Baidu,

Inc

1

.625

02/23/27

1,380,837‌

2,500,000

g

BOC

Aviation

USA

Corp

1

.625

04/29/24

2,394,825‌

500,000

g,i

Bonanza

RE

Ltd

SOFR

+

5.750%

7

.425

03/16/25

493,050‌

1,175,000

g

Cable

Onda

S.A.

4

.500

01/30/30

986,272‌

6,000,000

g

CCO

Holdings

LLC

5

.125

05/01/27

5,662,500‌

1,800,000

g

CCO

Holdings

LLC

4

.500

08/15/30

1,494,501‌

2,875,000

Charter

Communications

Operating

LLC

2

.250

01/15/29

2,362,294‌

475,000

Charter

Communications

Operating

LLC

2

.800

04/01/31

380,407‌

5,000,000

Charter

Communications

Operating

LLC

3

.500

03/01/42

3,469,705‌

1,465,000

Charter

Communications

Operating

LLC

5

.125

07/01/49

1,212,611‌

8,150,000

Charter

Communications

Operating

LLC

4

.800

03/01/50

6,457,735‌

5,000,000

Comcast

Corp

4

.150

10/15/28

4,986,124‌

2,975,000

Comcast

Corp

3

.200

07/15/36

2,518,942‌

1,000,000

Comcast

Corp

3

.900

03/01/38

904,386‌

6,000,000

Comcast

Corp

2

.800

01/15/51

4,245,031‌

9,185,000

Comcast

Corp

2

.887

11/01/51

6,561,481‌

5,000,000

g

CSC

Holdings

LLC

5

.500

04/15/27

4,531,050‌

1,225,000

g

CT

Trust

5

.125

02/03/32

981,531‌

985,000

g

DIRECTV

Holdings

LLC

5

.875

08/15/27

840,274‌

446,000

Discovery

Communications

LLC

2

.950

03/20/23

442,940‌

1,440,000

Discovery

Communications

LLC

3

.625

05/15/30

1,280,353‌

1,500,000

DISH

DBS

Corp

5

.000

03/15/23

1,427,655‌

1,780,000

g

DISH

DBS

Corp

5

.250

12/01/26

1,395,235‌

2,550,000

DISH

DBS

Corp

5

.125

06/01/29

1,549,482‌

1,300,000

g

Electricidad

Firme

de

Mexico

Holdings

S.A.

de

C.V.

4

.900

11/20/26

1,063,571‌

2,075,000

g

ENN

Clean

Energy

International

Investment

Ltd

3

.375

05/12/26

1,884,245‌

3,000,000

g

Genm

Capital

Labuan

Ltd

3

.882

04/19/31

2,374,539‌

2,785,000

Grupo

Televisa

SAB

6

.625

01/15/40

3,035,349‌

2,000,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.375

03/24/27

1,914,261‌

3,200,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.625

03/24/32

2,957,315‌

1,275,000

Lamar

Media

Corp

3

.750

02/15/28

1,131,856‌

3,000,000

Lamar

Media

Corp

4

.875

01/15/29

2,700,348‌

1,000,000

Lamar

Media

Corp

4

.000

02/15/30

839,651‌

825,000

Lamar

Media

Corp

3

.625

01/15/31

675,197‌

1,275,000

g

LCPR

Senior

Secured

Financing

DAC

5

.125

07/15/29

1,064,625‌

645,000

†,g

LUKOIL

Capital

DAC

2

.800

04/26/27

390,225‌

4,100,000

†,g

LUKOIL

Securities

BV

3

.875

05/06/30

2,070,500‌

6,475,000

g

Magallanes,

Inc

5

.050

03/15/42

5,508,866‌

3,000,000

g

Medco

Laurel

Tree

Pte

Ltd

6

.950

11/12/28

2,504,497‌

2,445,000

g

Mexico

Remittances

Funding

Fiduciary

Estate

Management

Sarl

4

.875

01/15/28

1,980,450‌

3,260,000

g

Misc

Capital

Two

Labuan

Ltd

3

.750

04/06/27

3,062,411‌

1,850,000

g

Natura

&Co

Luxembourg

Holdings

Sarl

6

.000

04/19/29

1,628,000‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

238

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

825,000

g

News

Corp

3

.875

%

05/15/29

$

712,359‌

3,500,000

Paramount

Global

6

.375

03/30/62

3,124,800‌

1,525,000

e,g

Rackspace

Technology

Global,

Inc

3

.500

02/15/28

1,194,815‌

1,830,000

g

S&P

Global,

Inc

4

.250

05/01/29

1,809,678‌

590,000

g

Sirius

XM

Radio,

Inc

3

.125

09/01/26

526,416‌

2,725,000

g

Sirius

XM

Radio,

Inc

4

.000

07/15/28

2,357,125‌

1,575,000

g

Sirius

XM

Radio,

Inc

4

.125

07/01/30

1,315,424‌

825,000

Smithsonian

Institution

0

.895

09/01/22

821,465‌

800,000

Smithsonian

Institution

0

.974

09/01/23

779,624‌

1,000,000

Smithsonian

Institution

1

.118

09/01/24

956,139‌

1,600,000

Smithsonian

Institution

1

.514

09/01/26

1,467,535‌

1,225,000

g

TEGNA,

Inc

4

.750

03/15/26

1,175,713‌

850,000

TEGNA,

Inc

4

.625

03/15/28

794,750‌

1,230,000

Time

Warner

Cable

LLC

5

.875

11/15/40

1,127,155‌

475,000

Time

Warner

Cable

LLC

4

.500

09/15/42

370,795‌

2,000,000

TSMC

Arizona

Corp

4

.125

04/22/29

1,994,632‌

1,275,000

g

Univision

Communications,

Inc

4

.500

05/01/29

1,067,204‌

515,000

ViacomCBS,

Inc

5

.850

09/01/43

481,150‌

125,000

Walt

Disney

Co

7

.625

11/30/28

147,154‌

1,825,000

Weibo

Corp

3

.375

07/08/30

1,482,500‌

TOTAL

MEDIA

&

ENTERTAINMENT

131,651,015‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

1

.0

%

850,000

AbbVie,

Inc

2

.850

05/14/23

847,025‌

2,625,000

AbbVie,

Inc

3

.800

03/15/25

2,603,987‌

8,725,000

AbbVie,

Inc

4

.050

11/21/39

7,780,352‌

1,450,000

AbbVie,

Inc

4

.400

11/06/42

1,317,762‌

580,000

AbbVie,

Inc

4

.450

05/14/46

526,124‌

2,950,000

AbbVie,

Inc

4

.250

11/21/49

2,618,808‌

6,000,000

AstraZeneca

plc

1

.375

08/06/30

4,924,903‌

1,500,000

g

Avantor

Funding,

Inc

4

.625

07/15/28

1,375,050‌

2,040,000

g

Avantor

Funding,

Inc

3

.875

11/01/29

1,784,286‌

750,000

Bristol-Myers

Squibb

Co

2

.350

11/13/40

554,782‌

1,700,000

Bristol-Myers

Squibb

Co

3

.550

03/15/42

1,493,445‌

1,090,000

Danaher

Corp

2

.800

12/10/51

785,215‌

450,000

Gilead

Sciences,

Inc

4

.000

09/01/36

420,178‌

3,900,000

Gilead

Sciences,

Inc

2

.800

10/01/50

2,721,574‌

900,000

Johnson

&

Johnson

3

.400

01/15/38

809,542‌

1,325,000

Merck

&

Co,

Inc

2

.750

12/10/51

978,484‌

1,450,000

Mylan,

Inc

4

.550

04/15/28

1,382,280‌

3,150,000

g

Organon

Finance  LLC

5

.125

04/30/31

2,717,914‌

6,950,000

Takeda

Pharmaceutical

Co

Ltd

2

.050

03/31/30

5,813,081‌

600,000

Takeda

Pharmaceutical

Co

Ltd

3

.025

07/09/40

461,786‌

3,000,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

3

.150

10/01/26

2,460,000‌

1,045,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

4

.750

05/09/27

892,553‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

45,269,131‌

REAL

ESTATE

-

1

.8

%

350,000

Alexandria

Real

Estate

Equities,

Inc

3

.950

01/15/27

344,731‌

450,000

Alexandria

Real

Estate

Equities,

Inc

3

.950

01/15/28

435,618‌

1,650,000

Alexandria

Real

Estate

Equities,

Inc

4

.900

12/15/30

1,637,737‌

1,125,000

Alexandria

Real

Estate

Equities,

Inc

1

.875

02/01/33

845,887‌

875,000

American

Tower

Corp

5

.000

02/15/24

885,239‌

1,425,000

American

Tower

Corp

2

.950

01/15/25

1,375,814‌

475,000

American

Tower

Corp

3

.375

10/15/26

449,117‌

1,200,000

American

Tower

Corp

3

.600

01/15/28

1,122,009‌

1,480,000

American

Tower

Corp

3

.800

08/15/29

1,358,468‌

4,100,000

American

Tower

Corp

2

.900

01/15/30

3,510,112‌

825,000

American

Tower

Corp

2

.100

06/15/30

660,703‌

1,390,000

American

Tower

Corp

1

.875

10/15/30

1,081,367‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

239

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

REAL

ESTATE—continued

$

950,000

Brandywine

Operating

Partnership

LP

4

.100

%

10/01/24

$

940,895‌

1,750,000

Brixmor

Operating

Partnership

LP

3

.850

02/01/25

1,721,987‌

350,000

Brixmor

Operating

Partnership

LP

2

.250

04/01/28

300,140‌

400,000

Brixmor

Operating

Partnership

LP

2

.500

08/16/31

313,665‌

775,000

Crown

Castle

International

Corp

3

.650

09/01/27

733,962‌

2,025,000

Crown

Castle

International

Corp

2

.250

01/15/31

1,642,551‌

3,525,000

Crown

Castle

International

Corp

2

.100

04/01/31

2,803,687‌

1,775,000

CubeSmart

LP

2

.250

12/15/28

1,516,648‌

1,850,000

g

Cushman

&

Wakefield

US

Borrower

LLC

6

.750

05/15/28

1,718,187‌

625,000

Duke

Realty

LP

2

.875

11/15/29

561,628‌

590,000

Equinix,

Inc

2

.150

07/15/30

477,308‌

2,375,000

Essential

Properties

LP

2

.950

07/15/31

1,860,888‌

1,890,000

Essex

Portfolio

LP

3

.000

01/15/30

1,670,226‌

600,000

Federal

Realty

Investment

Trust

1

.250

02/15/26

536,796‌

4,980,000

g

HAT

Holdings

I

LLC

3

.375

06/15/26

4,282,800‌

1,500,000

Healthcare

Realty

Trust,

Inc

3

.875

05/01/25

1,470,510‌

1,500,000

Healthcare

Realty

Trust,

Inc

3

.625

01/15/28

1,399,373‌

525,000

Healthcare

Realty

Trust,

Inc

2

.400

03/15/30

434,464‌

550,000

Healthcare

Realty

Trust,

Inc

2

.050

03/15/31

431,922‌

1,225,000

Healthcare

Trust

of

America

Holdings

LP

3

.500

08/01/26

1,165,714‌

3,055,000

Healthcare

Trust

of

America

Holdings

LP

3

.100

02/15/30

2,632,207‌

375,000

Highwoods

Realty

LP

3

.875

03/01/27

360,906‌

725,000

Highwoods

Realty

LP

4

.125

03/15/28

693,053‌

700,000

Highwoods

Realty

LP

4

.200

04/15/29

656,360‌

3,369,000

Highwoods

Realty

LP

2

.600

02/01/31

2,766,924‌

1,225,000

g

Howard

Hughes

Corp

4

.125

02/01/29

944,827‌

460,000

Hudson

Pacific

Properties

LP

3

.950

11/01/27

437,851‌

1,075,000

Hudson

Pacific

Properties

LP

4

.650

04/01/29

1,031,560‌

1,400,000

Kennedy-Wilson,

Inc

4

.750

03/01/29

1,134,000‌

1,475,000

Kennedy-Wilson,

Inc

5

.000

03/01/31

1,143,125‌

1,285,000

Life

Storage

LP

2

.400

10/15/31

1,022,644‌

1,500,000

Mid-America

Apartments

LP

4

.300

10/15/23

1,508,622‌

1,000,000

Mid-America

Apartments

LP

3

.750

06/15/24

996,456‌

850,000

Mid-America

Apartments

LP

4

.000

11/15/25

843,958‌

3,925,000

Mid-America

Apartments

LP

2

.750

03/15/30

3,418,990‌

1,625,000

Mid-America

Apartments

LP

1

.700

02/15/31

1,285,174‌

1,000,000

Mid-America

Apartments

LP

2

.875

09/15/51

693,499‌

550,000

National

Retail

Properties,

Inc

4

.000

11/15/25

547,096‌

600,000

National

Retail

Properties,

Inc

3

.600

12/15/26

577,389‌

875,000

Regency

Centers

LP

3

.900

11/01/25

861,343‌

425,000

Regency

Centers

LP

3

.600

02/01/27

411,095‌

1,650,000

Regency

Centers

LP

2

.950

09/15/29

1,449,771‌

1,700,000

Retail

Properties

of

America,

Inc

4

.750

09/15/30

1,582,684‌

5,800,000

g

SBA

Tower

Trust

2

.836

01/15/25

5,597,485‌

2,080,000

g

SBA

Tower

Trust

1

.884

01/15/26

1,920,732‌

3,500,000

g

SBA

Tower

Trust

1

.631

11/15/26

3,130,867‌

789,000

g

SBA

Tower

Trust

2

.328

01/15/28

699,577‌

603,000

SITE

Centers

Corp

3

.625

02/01/25

586,086‌

3,820,000

e

SITE

Centers

Corp

4

.250

02/01/26

3,751,597‌

650,000

SITE

Centers

Corp

4

.700

06/01/27

641,326‌

1,150,000

Weingarten

Realty

Investors

3

.375

10/15/22

1,150,181‌

80,000

Weingarten

Realty

Investors

3

.500

04/15/23

80,154‌

400,000

Weingarten

Realty

Investors

4

.450

01/15/24

401,144‌

925,000

Weingarten

Realty

Investors

3

.850

06/01/25

911,377‌

300,000

Weingarten

Realty

Investors

3

.250

08/15/26

288,414‌

650,000

Weyerhaeuser

Co

4

.000

03/09/52

536,644‌

TOTAL

REAL

ESTATE

86,385,271‌

RETAILING

-

0

.7

%

2,670,000

g

Asbury

Automotive

Group,

Inc

4

.625

11/15/29

2,206,087‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

240

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

755,000

g

Asbury

Automotive

Group,

Inc

5

.000

%

02/15/32

$

617,212‌

1,800,000

AutoNation,

Inc

3

.800

11/15/27

1,700,431‌

250,000

AutoNation,

Inc

2

.400

08/01/31

192,827‌

1,950,000

AutoZone,

Inc

1

.650

01/15/31

1,529,019‌

300,000

Chevron

USA,

Inc

3

.900

11/15/24

303,485‌

2,025,000

g

Ferrellgas

Escrow

LLC

5

.375

04/01/26

1,758,075‌

2,225,000

g

Ferrellgas

Escrow

LLC

5

.875

04/01/29

1,806,217‌

1,350,000

Genuine

Parts

Co

2

.750

02/01/32

1,116,874‌

3,900,000

g

JSM

Global

Sarl

4

.750

10/20/30

2,954,250‌

1,225,000

g

Kia

Corp

2

.750

02/14/27

1,146,703‌

925,000

g

L

Brands,

Inc

6

.625

10/01/30

798,960‌

800,000

g

LCM

Investments

Holdings

II

LLC

4

.875

05/01/29

608,880‌

2,175,000

g

Lithia

Motors,

Inc

4

.625

12/15/27

1,993,650‌

1,900,000

g

Magic

Mergeco,

Inc

5

.250

05/01/28

1,493,343‌

790,000

O'Reilly

Automotive,

Inc

3

.550

03/15/26

783,046‌

1,400,000

O'Reilly

Automotive,

Inc

3

.600

09/01/27

1,351,924‌

1,225,000

O'Reilly

Automotive,

Inc

4

.200

04/01/30

1,182,698‌

2,200,000

O'Reilly

Automotive,

Inc

1

.750

03/15/31

1,743,920‌

2,000,000

g

Prosus

NV

3

.832

02/08/51

1,205,084‌

5,000,000

g

Staples,

Inc

7

.500

04/15/26

4,144,350‌

550,000

g

Superior

Plus

LP

4

.500

03/15/29

467,500‌

2,550,000

Target

Corp

2

.350

02/15/30

2,251,995‌

TOTAL

RETAILING

33,356,530‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.5

%

5,650,000

g

Broadcom,

Inc

2

.450

02/15/31

4,539,427‌

2,003,000

g

Broadcom,

Inc

3

.469

04/15/34

1,630,177‌

3,736,000

g

Broadcom,

Inc

3

.187

11/15/36

2,840,015‌

3,183,000

g

Broadcom,

Inc

4

.926

05/15/37

2,853,695‌

1,035,000

Intel

Corp

3

.734

12/08/47

878,152‌

700,000

Lam

Research

Corp

3

.750

03/15/26

698,284‌

775,000

Lam

Research

Corp

4

.000

03/15/29

761,413‌

3,595,000

NVIDIA

Corp

2

.000

06/15/31

3,052,275‌

1,425,000

NXP

BV

3

.875

06/18/26

1,372,560‌

1,175,000

NXP

BV

4

.400

06/01/27

1,156,704‌

725,000

NXP

BV

3

.400

05/01/30

639,542‌

1,575,000

NXP

BV

3

.125

02/15/42

1,145,456‌

700,000

Texas

Instruments,

Inc

2

.625

05/15/24

693,597‌

505,000

Texas

Instruments,

Inc

4

.150

05/15/48

484,382‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

22,745,679‌

SOFTWARE

&

SERVICES

-

0

.5

%

2,975,000

Adobe,

Inc

2

.300

02/01/30

2,627,184‌

265,000

g

CA

Magnum

Holdings

5

.375

10/31/26

229,644‌

425,000

g

Camelot

Finance

S.A.

4

.500

11/01/26

387,642‌

690,000

g

Clarivate

Science

Holdings

Corp

3

.875

07/01/28

576,501‌

2,135,000

Fiserv,

Inc

3

.500

07/01/29

1,947,520‌

900,000

g

Gartner,

Inc

3

.750

10/01/30

766,125‌

1,413,000

g

j2

Global,

Inc

4

.625

10/15/30

1,204,505‌

3,000,000

Microsoft

Corp

2

.400

08/08/26

2,883,220‌

1,165,000

Microsoft

Corp

3

.300

02/06/27

1,157,344‌

1,149,000

Microsoft

Corp

2

.525

06/01/50

846,269‌

2,830,000

g

Open

Text

Corp

3

.875

12/01/29

2,381,869‌

550,000

g

Open

Text

Holdings,

Inc

4

.125

02/15/30

475,777‌

1,300,000

Roper

Technologies,

Inc

1

.400

09/15/27

1,113,545‌

650,000

salesforce.com,

Inc

3

.700

04/11/28

642,463‌

2,175,000

salesforce.com,

Inc

1

.950

07/15/31

1,847,463‌

1,900,000

salesforce.com,

Inc

2

.700

07/15/41

1,468,688‌

1,625,000

Take-Two

Interactive

Software,

Inc

3

.700

04/14/27

1,577,304‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

241

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SOFTWARE

&

SERVICES—continued

$

550,000

Visa,

Inc

2

.700

%

04/15/40

$

442,208‌

TOTAL

SOFTWARE

&

SERVICES

22,575,271‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.6

%

1,470,000

Amphenol

Corp

2

.800

02/15/30

1,286,934‌

5,575,000

Apple,

Inc

2

.450

08/04/26

5,332,693‌

10,350,000

Apple,

Inc

2

.050

09/11/26

9,744,586‌

1,000,000

Apple,

Inc

3

.850

05/04/43

919,726‌

640,000

Apple,

Inc

4

.650

02/23/46

658,820‌

290,000

Corning,

Inc

4

.375

11/15/57

237,257‌

1,805,000

Dell

International

LLC

5

.300

10/01/29

1,779,423‌

875,000

Flex

Ltd

4

.875

06/15/29

842,679‌

4,125,000

g

Imola

Merger

Corp

4

.750

05/15/29

3,451,223‌

1,500,000

e,g

Lenovo

Group

Ltd

3

.421

11/02/30

1,277,005‌

975,000

g

Sensata

Technologies

BV

4

.000

04/15/29

826,878‌

450,000

Tyco

Electronics

Group

S.A.

3

.700

02/15/26

447,855‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

26,805,079‌

TELECOMMUNICATION

SERVICES

-

2

.3

%

3,825,000

g

Altice

France

S.A.

5

.125

07/15/29

2,887,875‌

3,075,000

g

America

Movil

SAB

de

C.V.

5

.375

04/04/32

2,729,062‌

6,563,000

AT&T,

Inc

2

.550

12/01/33

5,324,126‌

2,085,000

AT&T,

Inc

4

.500

05/15/35

1,981,302‌

1,700,000

AT&T,

Inc

3

.500

06/01/41

1,357,411‌

13,725,000

AT&T,

Inc

3

.550

09/15/55

10,283,319‌

4,917,000

AT&T,

Inc

3

.800

12/01/57

3,797,511‌

7,083,000

AT&T,

Inc

3

.650

09/15/59

5,304,798‌

3,000,000

g

Bharti

Airtel

Ltd

4

.375

06/10/25

2,986,890‌

5,000,000

g

Bharti

Airtel

Ltd

3

.250

06/03/31

4,181,871‌

3,200,000

g

C&W

Senior

Financing

Designated

Activity

Co

6

.875

09/15/27

2,881,280‌

2,575,000

g

Empresa

Nacional

de

Telecomunicaciones

S.A.

3

.050

09/14/32

2,063,219‌

1,925,000

g

Iliad

Holding

SASU

6

.500

10/15/26

1,732,442‌

2,268,000

g

Millicom

International

Cellular

S.A.

5

.125

01/15/28

1,948,235‌

1,175,000

g

Millicom

International

Cellular

S.A.

4

.500

04/27/31

869,500‌

2,150,000

g

MTN

Mauritius

Investment

Ltd

6

.500

10/13/26

2,106,924‌

370,000

Orange

S.A.

5

.375

01/13/42

382,522‌

1,875,000

Telefonica

Emisiones

SAU

4

.103

03/08/27

1,835,688‌

1,150,000

Telefonica

Emisiones

SAU

4

.895

03/06/48

980,505‌

3,000,000

g

Telefonica

Moviles

Chile

S.A.

3

.537

11/18/31

2,520,000‌

800,000

T-Mobile

USA,

Inc

2

.250

02/15/26

719,915‌

3,000,000

T-Mobile

USA,

Inc

2

.625

02/15/29

2,525,361‌

8,650,000

T-Mobile

USA,

Inc

3

.875

04/15/30

8,072,665‌

6,350,000

T-Mobile

USA,

Inc

2

.550

02/15/31

5,343,171‌

750,000

T-Mobile

USA,

Inc

3

.000

02/15/41

559,344‌

725,000

T-Mobile

USA,

Inc

4

.500

04/15/50

643,295‌

3,000,000

T-Mobile

USA,

Inc

3

.300

02/15/51

2,184,553‌

950,000

Verizon

Communications,

Inc

1

.680

10/30/30

765,619‌

750,000

Verizon

Communications,

Inc

1

.750

01/20/31

602,417‌

3,050,000

Verizon

Communications,

Inc

2

.550

03/21/31

2,607,773‌

1,158,000

Verizon

Communications,

Inc

2

.355

03/15/32

960,143‌

13,850,000

Verizon

Communications,

Inc

2

.650

11/20/40

10,159,895‌

5,335,000

g

Vmed

O2

UK

Financing

I

plc

4

.750

07/15/31

4,309,880‌

2,850,000

Vodafone

Group

plc

4

.375

02/19/43

2,476,698‌

2,620,000

Vodafone

Group

plc

4

.250

09/17/50

2,203,489‌

6,000,000

Vodafone

Group

plc

4

.125

06/04/81

4,487,290‌

TOTAL

TELECOMMUNICATION

SERVICES

106,775,988‌

TRANSPORTATION

-

0

.6

%

3,600,000

g

Adani

Ports

&

Special

Economic

Zone

Ltd

3

.100

02/02/31

2,807,050‌

3,000,000

g

AerCap

Global

Aviation

6

.500

06/15/45

2,753,531‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

242

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TRANSPORTATION—continued

$

1,800,000

Burlington

Northern

Santa

Fe

LLC

3

.050

%

02/15/51

$

1,368,910‌

5,500,000

Canadian

Pacific

Railway

Co

2

.050

03/05/30

4,654,263‌

750,000

Canadian

Pacific

Railway

Co

3

.100

12/02/51

552,429‌

2,750,000

g

Cargo

Aircraft

Management,

Inc

4

.750

02/01/28

2,507,835‌

1,990,000

CSX

Corp

3

.250

06/01/27

1,909,524‌

700,000

CSX

Corp

3

.800

03/01/28

682,940‌

3,295,000

CSX

Corp

4

.250

03/15/29

3,277,910‌

1,000,000

g

DP

World

Ltd

5

.625

09/25/48

928,751‌

2,235,000

g

First

Student

Bidco,

Inc

4

.000

07/31/29

1,787,529‌

3,000,000

g

Grupo

Aeromexico

SAB

de

C.V.

8

.500

03/17/27

2,884,865‌

737,492

g

Lima

Metro

Line

2

Finance

Ltd

4

.350

04/05/36

663,013‌

1,550,000

Union

Pacific

Corp

2

.891

04/06/36

1,281,272‌

1,880,000

Union

Pacific

Corp

3

.839

03/20/60

1,569,258‌

TOTAL

TRANSPORTATION

29,629,080‌

UTILITIES

-

2

.8

%

1,525,000

g

Access

Bank

plc

6

.125

09/21/26

1,228,212‌

325,000

AEP

Transmission

Co

LLC

3

.100

12/01/26

313,821‌

350,000

AEP

Transmission

Co

LLC

4

.000

12/01/46

309,159‌

1,585,000

AEP

Transmission

Co

LLC

2

.750

08/15/51

1,110,842‌

1,400,000

g

Aeropuerto

Internacional

de

Tocumen

S.A.

4

.000

08/11/41

1,135,644‌

700,000

Alabama

Power

Co

4

.150

08/15/44

617,336‌

1,850,000

Ameren

Corp

3

.650

02/15/26

1,814,350‌

525,000

American

Water

Capital

Corp

3

.000

12/01/26

497,575‌

1,927,000

American

Water

Capital

Corp

2

.800

05/01/30

1,727,740‌

5,000,000

American

Water

Capital

Corp

2

.300

06/01/31

4,234,650‌

500,000

American

Water

Capital

Corp

4

.000

12/01/46

433,819‌

900,000

American

Water

Capital

Corp

3

.750

09/01/47

748,885‌

3,100,000

Atmos

Energy

Corp

1

.500

01/15/31

2,479,680‌

250,000

Atmos

Energy

Corp

4

.125

10/15/44

221,337‌

800,000

g

Azure

Power

Solar

Energy

Pvt

Ltd

5

.650

12/24/24

755,640‌

1,325,000

Baltimore

Gas

&

Electric

Co

3

.750

08/15/47

1,130,346‌

1,100,000

BAT

Capital

Corp

4

.742

03/16/32

977,665‌

2,250,000

g

Becle

SAB

de

C.V.

2

.500

10/14/31

1,798,083‌

7,100,000

Berkshire

Hathaway

Energy

Co

1

.650

05/15/31

5,722,324‌

925,000

Black

Hills

Corp

4

.250

11/30/23

927,740‌

725,000

e

CenterPoint

Energy

Houston

Electric

LLC

3

.000

03/01/32

658,810‌

300,000

CenterPoint

Energy

Resources

Corp

6

.250

02/01/37

341,163‌

500,000

g,i

Citrus

Re

Ltd

SOFR

+

5.100%

7

.492

06/07/25

498,000‌

525,000

g

Clearway

Energy

Operating

LLC

4

.750

03/15/28

472,333‌

1,000,000

CMS

Energy

Corp

3

.600

11/15/25

980,388‌

3,050,000

CMS

Energy

Corp

4

.750

06/01/50

2,672,471‌

1,900,000

g

Colbun

S.A.

3

.150

01/19/32

1,526,270‌

200,000

Commonwealth

Edison

Co

5

.900

03/15/36

223,850‌

1,650,000

Commonwealth

Edison

Co

2

.750

09/01/51

1,173,528‌

1,290,000

Consumers

Energy

Co

2

.650

08/15/52

903,202‌

755,000

Dominion

Energy,

Inc

2

.250

08/15/31

620,719‌

3,375,000

Dominion

Energy,

Inc

3

.300

04/15/41

2,647,488‌

250,000

Duke

Energy

Corp

3

.300

06/15/41

193,450‌

875,000

Duke

Energy

Corp

3

.750

09/01/46

689,059‌

5,000,000

Duke

Energy

Florida

LLC

3

.400

10/01/46

3,937,026‌

2,525,000

g

Empresas

Publicas

de

Medellin

ESP

4

.250

07/18/29

1,968,973‌

2,000,000

Enel

Chile

S.A.

4

.875

06/12/28

1,910,000‌

4,900,000

g

EnfraGen

Energia

Sur

S.A.

5

.375

12/30/30

3,307,500‌

3,450,000

g

Eskom

Holdings

SOC

Ltd

8

.450

08/10/28

2,773,466‌

6,775,000

Exelon

Corp

4

.050

04/15/30

6,501,190‌

1,270,000

Florida

Power

&

Light

Co

3

.990

03/01/49

1,157,176‌

UGX

6,000,000,000

†,g

ICBC

Standard

Bank

plc

14

.250

06/26/34

1,401,274‌

750,000

Indiana

Michigan

Power

Co

3

.750

07/01/47

618,021‌

1,140,000

Indiana

Michigan

Power

Co

3

.250

05/01/51

862,335‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

243

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

2,000,000

g

Israel

Electric

Corp

Ltd

4

.250

%

08/14/28

$

1,917,953‌

1,250,000

g

Israel

Electric

Corp

Ltd

3

.750

02/22/32

1,118,108‌

1,525,000

g

Kallpa

Generacion

SA

4

.125

08/16/27

1,372,500‌

2,400,000

g

Korea

Southern

Power

Co

Ltd

0

.750

01/27/26

2,155,225‌

775,000

MidAmerican

Energy

Co

3

.650

04/15/29

752,910‌

1,550,000

MidAmerican

Energy

Co

3

.650

08/01/48

1,314,129‌

1,000,000

g

Nemak

SAB

de

C.V.

3

.625

06/28/31

698,000‌

1,000,000

Nevada

Power

Co

5

.450

05/15/41

1,005,210‌

5,440,000

NextEra

Energy

Capital

Holdings,

Inc

2

.250

06/01/30

4,568,151‌

50,000

g

NextEra

Energy

Operating

Partners

LP

4

.250

09/15/24

47,625‌

8,135,000

NiSource,

Inc

1

.700

02/15/31

6,359,333‌

1,400,000

Northern

States

Power

Co

3

.600

09/15/47

1,175,622‌

1,955,000

g

NRG

Energy,

Inc

2

.450

12/02/27

1,678,629‌

1,350,000

NRG

Energy,

Inc

5

.750

01/15/28

1,227,056‌

500,000

NSTAR

Electric

Co

3

.950

04/01/30

489,197‌

1,550,000

Ohio

Power

Co

4

.150

04/01/48

1,352,995‌

1,365,000

Ohio

Power

Co

4

.000

06/01/49

1,174,315‌

575,000

ONE

Gas,

Inc

3

.610

02/01/24

574,312‌

600,000

g

Pattern

Energy

Operations

LP

4

.500

08/15/28

522,000‌

825,000

PECO

Energy

Co

3

.000

09/15/49

625,014‌

2,325,000

PECO

Energy

Co

2

.800

06/15/50

1,696,444‌

2,000,000

g

Pelabuhan

Indonesia

III

PT

4

.875

10/01/24

2,012,840‌

2,000,000

g

Perusahaan

Listrik

Negara

PT

4

.125

05/15/27

1,921,160‌

1,800,000

g

Perusahaan

Listrik

Negara

PT

5

.450

05/21/28

1,815,858‌

887,412

g,o

Petra

Diamonds

US

Treasury

plc

10

.500

03/08/26

887,412‌

2,975,000

†,g

Phosagro

OAO

Via

Phosagro

Bond

Funding

DAC

2

.600

09/16/28

669,375‌

50,000

Potomac

Electric

Power

Co

7

.900

12/15/38

64,391‌

2,500,000

g

Promigas

S.A.

ESP

3

.750

10/16/29

2,015,925‌

4,000,000

Public

Service

Co

of

Colorado

1

.875

06/15/31

3,343,751‌

550,000

Public

Service

Co

of

Colorado

4

.750

08/15/41

529,055‌

1,410,000

Public

Service

Co

of

Colorado

4

.050

09/15/49

1,270,973‌

3,200,000

e,g

Rumo

Luxembourg

Sarl

4

.200

01/18/32

2,552,000‌

1,994,000

g

Saka

Energi

Indonesia

PT

4

.450

05/05/24

1,826,883‌

8,400,000

Sempra

Energy

4

.875

N/A‡

7,727,839‌

2,349,042

g

Solar

Star

Funding

LLC

3

.950

06/30/35

2,338,451‌

1,325,000

Southern

Co

4

.400

07/01/46

1,152,398‌

75,000

Southern

Co

Gas

Capital

Corp

3

.875

11/15/25

73,599‌

625,000

Southern

Co

Gas

Capital

Corp

4

.400

06/01/43

542,576‌

425,000

Southern

Co

Gas

Capital

Corp

3

.950

10/01/46

347,602‌

1,612,658

g

UEP

Penonome

II

S.A.

6

.500

10/01/38

1,501,788‌

650,000

Virginia

Electric

&

Power

Co

2

.950

11/15/26

619,131‌

650,000

Virginia

Electric

&

Power

Co

3

.500

03/15/27

634,660‌

775,000

Virginia

Electric

&

Power

Co

3

.800

09/15/47

664,487‌

850,000

Wisconsin

Power

&

Light

Co

4

.100

10/15/44

713,934‌

215,000

Xcel

Energy,

Inc

4

.800

09/15/41

202,561‌

TOTAL

UTILITIES

133,475,917‌

TOTAL

CORPORATE

BONDS

1,798,057,847‌

(Cost

$2,063,115,133)

GOVERNMENT

BONDS

-

38.0%

FOREIGN

GOVERNMENT

BONDS

-

2

.7

%

750,000

g

African

Export-Import

Bank

2

.634

05/17/26

661,817‌

2,075,000

g

Angolan

Government

International

Bond

8

.750

04/14/32

1,655,562‌

3,325,000

g

Arab

Petroleum

Investments

Corp

4

.125

09/18/23

3,342,074‌

INR

70,000,000

Asian

Development

Bank

6

.200

10/06/26

856,957‌

550,000

g

Banque

Ouest

Africaine

de

Developpement

5

.000

07/27/27

499,809‌

3,000,000

g

Banque

Ouest

Africaine

de

Developpement

4

.700

10/22/31

2,494,435‌

EUR

1,575,000

g

Banque

Ouest

Africaine

de

Developpement

2

.750

01/22/33

1,299,176‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

244

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

287,000

g

Barbados

Government

International

Bond

6

.500

%

10/01/29

$

275,520‌

3,660,000

g

Bermuda

Government

International

Bond

4

.750

02/15/29

3,657,617‌

1,500,000

e,g

BNG

Bank

NV

1

.500

10/16/24

1,446,579‌

1,500,000

Brazilian

Government

International

Bond

4

.750

01/14/50

1,015,546‌

1,225,000

Chile

Government

International

Bond

2

.750

01/31/27

1,143,845‌

3,575,000

Chile

Government

International

Bond

2

.550

01/27/32

3,035,040‌

CNY

8,950,000

China

Government

International

Bond

2

.880

11/05/23

1,349,978‌

CNY

3,250,000

China

Government

International

Bond

3

.270

11/19/30

499,900‌

CNY

3,300,000

China

Government

International

Bond

3

.810

09/14/50

532,456‌

3,000,000

Colombia

Government

International

Bond

3

.250

04/22/32

2,167,758‌

1,500,000

Colombia

Government

International

Bond

5

.000

06/15/45

1,002,450‌

1,850,000

g

Costa

Rica

Government

International

Bond

5

.625

04/30/43

1,383,538‌

750,000

g

Development

Bank

of

Japan,

Inc

0

.500

03/04/24

717,019‌

DOP

90,000,000

g

Dominican

Republic

Government

International

Bond

9

.750

06/05/26

1,602,379‌

DOP

160,000,000

g

Dominican

Republic

Government

International

Bond

12

.000

03/05/32

2,968,212‌

2,250,000

g

Dominican

Republic

Government

International

Bond

4

.875

09/23/32

1,731,233‌

3,725,000

g

Dominican

Republic

Government

International

Bond

6

.500

02/15/48

2,812,375‌

170,283

g

Ecuador

Government

International

Bond

0

.000

07/31/30

70,313‌

928,125

g

Ecuador

Government

International

Bond

(Step

Bond)

5

.000

07/31/30

597,501‌

650,162

g

Ecuador

Government

International

Bond

(Step

Bond)

1

.000

07/31/35

313,414‌

EUR

1,400,000

g

Egypt

Government

International

Bond

5

.625

04/16/30

907,467‌

1,500,000

g

Egypt

Government

International

Bond

7

.053

01/15/32

972,318‌

2,475,000

g

Egypt

Government

International

Bond

8

.500

01/31/47

1,461,190‌

2,250,000

g

Egypt

Government

International

Bond

8

.875

05/29/50

1,362,060‌

1,200,000

g

El

Salvador

Government

International

Bond

7

.625

02/01/41

373,729‌

706,254

†

European

Bank

for

Reconstruction

&

Development

10

.000

02/28/23

612,837‌

1,375,000

g

Export-Import

Bank

of

India

3

.875

02/01/28

1,316,412‌

2,625,000

g

Export-Import

Bank

of

India

2

.250

01/13/31

2,066,497‌

2,200,000

g

Ghana

Government

International

Bond

8

.125

03/26/32

1,056,044‌

875,000

g

Guatemala

Government

International

Bond

4

.375

06/05/27

816,653‌

1,200,000

g

Guatemala

Government

International

Bond

6

.125

06/01/50

1,005,714‌

725,000

g

Hungary

Government

International

Bond

5

.250

06/16/29

723,280‌

425,000

g

Hungary

Government

International

Bond

2

.125

09/22/31

328,455‌

225,000

Indonesia

Government

International

Bond

3

.550

03/31/32

204,722‌

1,900,000

g

Indonesia

Government

International

Bond

4

.625

04/15/43

1,717,835‌

1,762,500

g

Iraq

Government

International

Bond

5

.800

01/15/28

1,581,699‌

EUR

125,000

g

Ivory

Coast

Government

International

Bond

4

.875

01/30/32

93,796‌

940,417

g

Ivory

Coast

Government

International

Bond

(Step

Bond)

5

.750

12/31/32

811,569‌

3,025,000

Jamaica

Government

International

Bond

8

.000

03/15/39

3,253,513‌

2,500,000

g

Japan

Finance

Organization

for

Municipalities

3

.000

03/12/24

2,485,830‌

950,000

g

Jordan

Government

International

Bond

4

.950

07/07/25

857,568‌

550,000

g

Kazakhstan

Government

International

Bond

4

.875

10/14/44

450,396‌

2,500,000

g

Kenya

Government

International

Bond

7

.000

05/22/27

1,863,612‌

575,000

g

Kenya

Government

International

Bond

6

.300

01/23/34

357,735‌

1,560,000

g

Kommunalbanken

AS.

2

.750

02/05/24

1,551,734‌

2,250,000

g

Korea

Electric

Power

Corp

4

.000

06/14/27

2,250,102‌

1,500,000

g

Korea

Housing

Finance

Corp

3

.000

10/31/22

1,499,625‌

MYR

3,800,000

Malaysia

Government

Bond

3

.828

07/05/34

796,787‌

MXN

18,000,000

Mexican

Bonos

5

.750

03/05/26

795,985‌

MXN

16,300,000

Mexican

Bonos

8

.500

11/18/38

768,526‌

525,000

e

Mexico

Government

International

Bond

3

.250

04/16/30

461,986‌

1,859,000

Mexico

Government

International

Bond

6

.050

01/11/40

1,826,122‌

3,000,000

Mexico

Government

International

Bond

4

.280

08/14/41

2,371,004‌

500,000

g

Mongolia

Government

International

Bond

5

.125

04/07/26

448,166‌

1,025,000

g

Morocco

Government

International

Bond

3

.000

12/15/32

703,351‌

2,575,000

g

Morocco

Government

International

Bond

5

.500

12/11/42

1,866,413‌

525,000

g

Morocco

Government

International

Bond

4

.000

12/15/50

306,492‌

300,000

g

Nigeria

Government

International

Bond

6

.500

11/28/27

228,231‌

850,000

g,k

Nigeria

Government

International

Bond

8

.375

03/24/29

644,937‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

245

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

1,250,000

g

Nigeria

Government

International

Bond

7

.375

%

09/28/33

$

817,383‌

400,000

g

Oman

Government

International

Bond

6

.750

10/28/27

408,113‌

1,000,000

g

Oman

Government

International

Bond

6

.250

01/25/31

965,932‌

1,500,000

g

Oman

Government

International

Bond

7

.375

10/28/32

1,550,489‌

400,000

g

Oman

Sovereign

Sukuk

Co

4

.875

06/15/30

388,029‌

1,250,000

e,g

Pakistan

Global

Sukuk

Programme

Co

Ltd

7

.950

01/31/29

1,081,660‌

1,800,000

Panama

Bonos

del

Tesoro

3

.362

06/30/31

1,582,200‌

1,600,000

Panama

Notas

del

Tesoro

3

.750

04/17/26

1,552,000‌

1,475,000

g

Paraguay

Government

International

Bond

5

.400

03/30/50

1,143,205‌

920,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

4

.700

06/06/32

904,148‌

990,000

Peruvian

Government

International

Bond

3

.000

01/15/34

812,102‌

990,000

k

Philippine

Government

International

Bond

4

.200

03/29/47

863,087‌

1,836,781

g

Provincia

de

Buenos

Aires

(Step

Bond)

3

.900

09/01/37

543,567‌

1,500,000

g

Provincia

de

Mendoza

Argentina

(Step

Bond)

4

.250

03/19/29

960,843‌

2,600,000

g

Qatar

Government

International

Bond

4

.400

04/16/50

2,481,806‌

GHS

8,800,000

Republic

of

Ghana

Government

International

Bond

16

.500

02/06/23

1,036,521‌

5,000,000

Republic

of

Italy

Government

International

Bond

4

.000

10/17/49

4,134,657‌

UZS

5,320,000,000

g

Republic

of

Uzbekistan

Bond

14

.500

11/25/23

476,191‌

2,150,000

g

Republic

of

Uzbekistan

International

Bond

4

.750

02/20/24

2,050,175‌

UZS

5,708,925,000

g

Republic

of

Uzbekistan

International

Bond

14

.000

07/19/24

503,302‌

1,820,000

g

Romanian

Government

International

Bond

3

.000

02/27/27

1,604,860‌

1,000,000

g

Romanian

Government

International

Bond

5

.250

11/25/27

952,548‌

1,425,000

g

Romanian

Government

International

Bond

4

.000

02/14/51

927,305‌

RUB

74,000,000

†

Russian

Federal

Bond-OFZ

6

.000

10/06/27

114,364‌

1,600,000

†,g

Russian

Foreign

Bond

-

Eurobond

5

.100

03/28/35

400,000‌

3,150,000

g

Rwanda

International

Government

Bond

5

.500

08/09/31

2,458,807‌

1,175,000

g

Saudi

Government

International

Bond

4

.500

04/17/30

1,199,923‌

2,000,000

g

Saudi

Government

International

Bond

3

.750

01/21/55

1,638,887‌

1,225,000

g

Serbia

International

Bond

2

.125

12/01/30

899,095‌

1,500,000

South

Africa

Government

International

Bond

4

.300

10/12/28

1,281,636‌

ZAR

9,000,000

South

Africa

Government

International

Bond

7

.000

02/28/31

435,723‌

ZAR

9,300,000

South

Africa

Government

International

Bond

8

.750

01/31/44

444,340‌

2,150,000

South

Africa

Government

International

Bond

5

.375

07/24/44

1,459,390‌

2,400,000

State

of

Israel

3

.800

05/13/60

1,995,746‌

THB

18,500,000

Thailand

Government

International

Bond

2

.875

12/17/28

530,428‌

THB

18,500,000

Thailand

Government

International

Bond

3

.300

06/17/38

503,548‌

2,500,000

g

Turkiye

Ihracat

Kredi

Bankasi

AS.

5

.750

07/06/26

2,086,458‌

1,250,000

g

Ukraine

Government

International

Bond

6

.876

05/21/29

300,000‌

EUR

850,000

g

Ukraine

Government

International

Bond

4

.375

01/27/30

213,782‌

1,850,000

Uruguay

Government

International

Bond

4

.125

11/20/45

1,700,340‌

1,500,000

g

Zambia

Government

International

Bond

8

.500

04/14/24

899,940‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

128,635,425‌

MORTGAGE

BACKED

-

20

.0

%

5,690,000

g,i

Connecticut

Avenue

Securities

Trust

2

.826

12/25/41

5,125,891‌

3,000,000

g,i

Connecticut

Avenue

Securities

Trust

5

.426

01/25/42

2,629,760‌

6,810,000

g,i

Connecticut

Avenue

Securities

Trust

4

.026

03/25/42

6,367,953‌

4,985,000

g,i

Connecticut

Avenue

Securities

Trust

6

.349

03/25/42

4,868,301‌

11,400,000

g,i

Connecticut

Avenue

Securities

Trust

4

.798

05/25/42

11,086,636‌

6,125,000

g,i

Fannie

CAS

5

.576

06/25/42

6,147,969‌

1,600,880

i

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

LIBOR

1

M

+

5.920%

4

.596

03/15/44

198,952‌

5,421,787

FHLMC

4

.000

10/01/47

5,449,028‌

264,761

FHLMC

4

.000

06/01/48

265,408‌

3,391,688

i

FHLMC

LIBOR

1

M

+

9.920%

7

.802

06/15/48

3,473,839‌

173,250

FHLMC

4

.000

07/01/48

173,640‌

2,439,467

i

FHLMC

LIBOR

1

M

+

9.840%

7

.722

10/15/48

2,433,301‌

42,848,155

FHLMC

3

.000

11/01/49

40,360,743‌

8,162,772

FHLMC

2

.000

09/25/50

962,278‌

15,479,685

FHLMC

2

.500

02/25/51

2,493,644‌

6,501,445

FHLMC

3

.000

11/01/51

6,149,004‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

246

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

4,196,331

FHLMC

3

.000

%

11/01/51

$

3,945,130‌

821,533

FHLMC

3

.000

11/01/51

781,276‌

1,168,975

FHLMC

3

.000

11/01/51

1,105,242‌

15,816,542

FHLMC

2

.000

02/01/52

13,788,080‌

17,059,444

FHLMC

2

.500

02/01/52

15,410,779‌

15,496,271

FHLMC

2

.500

03/01/52

14,003,287‌

20,108,134

FHLMC

2

.500

03/01/52

18,161,493‌

1,612,978

FHLMC

3

.000

04/01/52

1,507,585‌

370

Federal

Home

Loan

Mortgage

Corp

Gold

(FGLMC)

8

.000

01/01/31

373‌

127,617

FGLMC

7

.000

12/01/33

137,399‌

22,761

FGLMC

4

.500

10/01/34

23,321‌

36,430

FGLMC

7

.000

05/01/35

38,813‌

1,146,367

FGLMC

5

.000

06/01/36

1,207,234‌

573,430

FGLMC

4

.500

10/01/44

589,618‌

82,928

FGLMC

4

.500

11/01/44

84,768‌

121,225

FGLMC

4

.500

11/01/44

124,643‌

66,347

FGLMC

4

.500

12/01/44

68,053‌

101,436

FGLMC

4

.500

12/01/44

104,299‌

584,167

FGLMC

3

.500

04/01/45

574,413‌

2,273,628

FGLMC

3

.500

08/01/45

2,242,203‌

1,275,549

FGLMC

3

.500

10/01/45

1,250,429‌

2,891,034

FGLMC

4

.000

12/01/45

2,921,392‌

1,510,056

FGLMC

4

.500

06/01/47

1,563,335‌

1,523,102

FGLMC

4

.000

09/01/47

1,533,757‌

1,625,484

FGLMC

3

.500

12/01/47

1,590,788‌

1,229,249

FGLMC

4

.000

07/01/48

1,233,177‌

9,253,738

FGLMC

4

.500

08/01/48

9,453,274‌

776

Federal

National

Mortgage

Association

(FNMA)

9

.000

11/01/25

806‌

9,246

FNMA

7

.000

05/01/26

9,522‌

29,851

FNMA

7

.000

07/25/26

30,937‌

898

FNMA

7

.500

01/01/29

936‌

408

FNMA

7

.500

02/01/30

429‌

121,366

FNMA

6

.500

12/01/31

127,700‌

258,249

FNMA

6

.000

04/01/32

270,361‌

1,227,084

FNMA

3

.500

05/01/32

1,230,105‌

164,496

FNMA

7

.000

07/01/32

179,063‌

52,968

FNMA

7

.000

07/01/32

56,263‌

34,358

FNMA

7

.000

07/01/32

36,866‌

15,575,000

h

FNMA

2

.500

07/25/32

14,872,553‌

1,356,487

FNMA

3

.500

11/01/32

1,363,050‌

34,770

FNMA

4

.500

10/01/33

35,777‌

26,616

FNMA

6

.000

03/01/34

27,452‌

1,532,790

FNMA

5

.000

05/01/35

1,611,611‌

42,241

FNMA

5

.000

06/25/35

42,402‌

894,562

FNMA

5

.000

10/01/35

941,171‌

668,460

FNMA

5

.000

02/01/36

703,558‌

17,140,000

h

FNMA

3

.000

07/25/37

16,745,889‌

5,400,000

h

FNMA

3

.500

07/25/37

5,366,190‌

903,379

FNMA

6

.500

08/01/37

958,156‌

50,711

FNMA

6

.000

09/01/37

53,339‌

625,763

FNMA

5

.500

11/01/38

672,249‌

491,052

FNMA

5

.500

03/01/39

526,342‌

498,197

FNMA

6

.000

09/01/39

545,897‌

6,227,520

FNMA

3

.000

05/01/40

5,931,519‌

2,090,051

FNMA

3

.500

05/01/40

2,043,712‌

229,277

FNMA

5

.000

09/01/40

241,310‌

409,451

FNMA

5

.000

05/01/41

431,028‌

12,713,234

FNMA

2

.000

03/01/42

11,301,579‌

2,798,517

FNMA

4

.000

09/01/42

2,811,231‌

388,727

†,i

FNMA

2

.688

12/25/42

179,853‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

247

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

2,392,192

i

FNMA

LIBOR

1

M

+

5.950%

4

.326

%

09/25/43

$

329,295‌

2,234,757

FNMA

4

.000

01/01/44

2,256,245‌

770,922

FNMA

4

.500

02/01/44

791,714‌

166,466

FNMA

4

.500

03/01/44

171,551‌

648,216

FNMA

4

.500

06/01/44

665,668‌

1,997,994

FNMA

4

.500

10/01/44

2,051,893‌

533,327

FNMA

5

.000

11/01/44

561,324‌

498,071

FNMA

4

.000

01/01/45

500,313‌

194,276

FNMA

4

.500

03/01/45

198,400‌

1,446,092

FNMA

3

.500

05/01/45

1,424,802‌

1,586,890

FNMA

4

.000

12/01/45

1,598,066‌

676,832

FNMA

3

.500

01/01/46

661,800‌

3,578,258

FNMA

4

.000

01/01/46

3,603,521‌

460,095

FNMA

4

.000

04/01/46

462,180‌

316,360

FNMA

3

.500

06/01/46

309,338‌

3,544,928

FNMA

3

.500

07/01/46

3,466,220‌

4,547,855

FNMA

3

.500

07/01/46

4,469,195‌

80,818

FNMA

3

.000

08/01/46

76,513‌

1,697,651

FNMA

3

.000

10/01/46

1,571,457‌

1,218,391

FNMA

3

.500

10/01/46

1,191,353‌

7,909,677

FNMA

3

.500

01/01/47

7,734,692‌

1,650,942

FNMA

4

.500

05/01/47

1,703,818‌

1,286,391

FNMA

3

.500

11/01/47

1,264,154‌

5,324,273

FNMA

4

.000

12/01/47

5,336,194‌

10,975,352

FNMA

3

.500

01/01/48

10,732,082‌

5,663,418

FNMA

4

.500

01/01/48

5,779,547‌

1,135,840

FNMA

4

.500

02/01/48

1,159,132‌

1,993,454

FNMA

4

.000

03/01/48

1,997,918‌

4,587,265

FNMA

4

.500

03/01/48

4,681,308‌

3,927,844

FNMA

4

.500

05/01/48

4,010,570‌

2,988,997

FNMA

4

.500

05/01/48

3,052,848‌

2,132,624

FNMA

5

.000

08/01/48

2,226,391‌

1,350

FNMA

3

.000

05/01/49

1,250‌

22,500,000

h

FNMA

4

.000

07/25/49

22,186,670‌

19,600,000

h

FNMA

4

.500

07/25/49

19,674,266‌

5,604,948

FNMA

2

.000

08/25/50

791,938‌

14,827,375

FNMA

2

.500

11/25/50

2,145,979‌

88,927

FNMA

3

.000

02/25/51

17,857‌

35,517,835

FNMA

2

.000

04/01/51

30,873,506‌

3,693,145

FNMA

3

.000

09/01/51

3,478,520‌

5,336,945

FNMA

2

.500

11/25/51

764,905‌

18,955,091

FNMA

2

.000

12/01/51

16,524,318‌

4,769,968

FNMA

2

.000

01/01/52

4,169,334‌

8,436,151

FNMA

2

.500

01/01/52

7,619,471‌

479,751

FNMA

3

.000

01/01/52

449,525‌

14,976,559

FNMA

2

.000

02/01/52

13,055,739‌

13,262,925

FNMA

2

.500

02/01/52

11,985,087‌

27,488,253

FNMA

2

.500

02/01/52

24,821,941‌

14,916,396

FNMA

2

.500

02/01/52

13,465,987‌

13,788,398

FNMA

2

.500

02/01/52

12,445,641‌

17,765,511

FNMA

3

.500

02/01/52

17,221,643‌

3,155,158

FNMA

2

.000

03/01/52

2,743,605‌

10,805,959

FNMA

2

.000

03/01/52

9,389,339‌

2,721,262

FNMA

2

.500

04/01/52

2,455,276‌

1,823,737

FNMA

3

.000

04/01/52

1,705,114‌

14,762,722

FNMA

3

.000

04/01/52

13,809,107‌

7,816,359

FNMA

3

.000

04/01/52

7,311,457‌

2,404,677

FNMA

3

.000

04/01/52

2,246,832‌

25,593,864

FNMA

3

.000

04/01/52

23,946,910‌

12,623,502

FNMA

3

.500

05/01/52

12,165,282‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

248

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MORTGAGE

BACKED—continued

$

29,756,311

FNMA

4

.000

%

05/01/52

$

29,377,502‌

2,630,749

FNMA

4

.000

06/01/52

2,597,257‌

3,650,000

h

FNMA

4

.000

07/01/52

3,604,074‌

6,950,000

h

FNMA

3

.500

07/25/52

6,683,402‌

48,550,000

h

FNMA

5

.000

07/25/52

49,551,344‌

10,000,000

h

FNMA

5

.000

08/25/52

10,176,758‌

28,100,000

h

FNMA

5

.500

08/25/52

29,083,500‌

2,050,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.326

10/25/41

1,753,575‌

1,735,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.426

03/25/42

1,656,811‌

13,885,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.276

05/25/42

13,200,393‌

2,070,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.226

08/25/33

1,956,752‌

3,530,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.700

11/25/41

3,019,551‌

13,000,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

3

.326

02/25/42

11,994,698‌

12,500,000

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

5

.279

06/25/42

12,562,790‌

62,311

Government

National

Mortgage

Association

(GNMA)

5

.000

02/15/33

64,569‌

98,758

GNMA

5

.000

09/15/33

103,921‌

3,539,044

GNMA

3

.700

10/15/33

3,523,253‌

10,176

GNMA

5

.500

04/15/34

10,759‌

10,947

GNMA

5

.000

04/15/38

11,436‌

652,283

GNMA

4

.500

02/20/41

687,485‌

931,098

GNMA

4

.500

12/20/45

964,604‌

2,811,975

GNMA

4

.000

06/20/46

381,731‌

11,175,000

h

GNMA

3

.000

07/20/47

10,533,311‌

18,183,377

GNMA

2

.500

05/20/52

16,662,510‌

37,431,643

GNMA

3

.000

05/20/52

35,334,170‌

1,890,000

h

GNMA

2

.000

07/20/52

1,678,113‌

7,090,000

h

GNMA

2

.500

07/20/52

6,487,350‌

20,000,000

h

GNMA

3

.500

07/20/52

19,431,250‌

10,000,000

h

GNMA

4

.000

07/20/52

9,956,055‌

13,850,000

h

GNMA

4

.500

07/20/52

14,053,422‌

4,462,347

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

3,725,569‌

3,545,322

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

03/25/52

3,229,641‌

2,667,465

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

05/01/52

2,406,032‌

4,009,822

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

08/26/52

3,487,135‌

3,150,000

†,g,i

J.P.

Morgan

Mortgage

Trust

3

.000

12/25/52

2,717,736‌

6,639,792

g,i

JP

Morgan

Mortgage

Trust

2

.500

07/25/52

5,606,734‌

2,483,146

g,i

JP

Morgan

Mortgage

Trust

3

.250

07/25/52

2,185,799‌

6,922,952

g,i

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

6,096,490‌

4,425,024

g,i

JP

Morgan

Mortgage

Trust

3

.000

10/25/52

3,864,462‌

2,467,943

g,i

JP

Morgan

Mortgage

Trust

3

.000

11/25/52

2,139,879‌

TOTAL

MORTGAGE

BACKED

947,047,188‌

MUNICIPAL

BONDS

-

0

.1

%

3,000,000

†,g,q

Oregon

State

Business

Development

Commission

6

.500

04/01/31

219,000‌

780,000

†,g

Oregon

State

Business

Development

Commission

9

.000

04/01/37

56,940‌

4,157,164

g

Virgin

Islands

Water

&

Power

Authority-Electric

System

7

.500

07/01/22

4,157,164‌

TOTAL

MUNICIPAL

BONDS

4,433,104‌

U.S.

TREASURY

SECURITIES

-

15

.2

%

665,000

United

States

Treasury

Note

0

.125

10/31/22

660,618‌

13,975,000

United

States

Treasury

Note

0

.125

12/31/22

13,807,955‌

19,715,000

United

States

Treasury

Note

0

.125

01/31/23

19,436,988‌

4,795,000

United

States

Treasury

Note

0

.125

02/28/23

4,713,522‌

550,000

United

States

Treasury

Note

0

.125

05/31/23

536,379‌

49,000,000

United

States

Treasury

Note

0

.875

01/31/24

47,415,156‌

25,000,000

United

States

Treasury

Note

2

.250

03/31/24

24,685,547‌

54,070,000

e

United

States

Treasury

Note

2

.500

05/31/24

53,582,103‌

30,000

United

States

Treasury

Note

0

.375

07/15/24

28,456‌

27,170,000

United

States

Treasury

Note

2

.875

06/15/25

27,061,744‌

1,575,000

United

States

Treasury

Note

1

.375

10/31/28

1,420,022‌

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

249

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

72,386,400

United

States

Treasury

Note

2

.875

%

05/15/32

$

71,572,053‌

9,700,000

United

States

Treasury

Note

1

.875

02/15/41

7,607,301‌

22,630,000

United

States

Treasury

Note

2

.250

05/15/41

18,883,674‌

40,800,000

United

States

Treasury

Note

1

.750

08/15/41

31,035,094‌

15,500,000

United

States

Treasury

Note

2

.000

11/15/41

12,310,391‌

191,596,900

United

States

Treasury

Note

2

.250

02/15/42

162,468,184‌

35,250,000

United

States

Treasury

Note

3

.250

05/15/42

34,401,797‌

209,770,000

United

States

Treasury

Note

2

.250

02/15/52

172,634,155‌

19,500,000

United

States

Treasury

Note

2

.875

05/15/52

18,418,359‌

TOTAL

U.S.

TREASURY

SECURITIES

722,679,498‌

TOTAL

GOVERNMENT

BONDS

1,802,795,215‌

(Cost

$1,933,387,541)

STRUCTURED

ASSETS

-

18.4%

ASSET

BACKED

-

8

.1

%

1,056,944

g

AASET

Trust

6

.413

01/16/40

158,550‌

Series

-

2020

1A

(Class

C)

6,434,795

g

Adams

Outdoor

Advertising

LP

4

.810

11/15/48

6,333,436‌

Series

-

2018

1

(Class

A)

6,500,000

g

Adams

Outdoor

Advertising

LP

7

.356

11/15/48

6,317,039‌

Series

-

2018

1

(Class

C)

2,500,000

g

Affirm

Asset

Securitization

Trust

2

.540

08/17/26

2,279,849‌

Series

-

2021

B

(Class

D)

1,500,000

g

Affirm

Asset

Securitization

Trust

4

.610

08/17/26

1,384,987‌

Series

-

2021

B

(Class

E)

3,000,000

g,i

AGL

CLO

19

Ltd

0

.000

07/21/35

2,961,300‌

Series

-

2022

19A

(Class

B1)

420,731

American

Airlines

Pass

Through

Trust

3

.575

01/15/28

390,517‌

Series

-

2016

1

(Class

AA)

1,358,696

g

AMSR

Trust

1

.819

04/17/37

1,289,118‌

Series

-

2020

SFR1

(Class

A)

3,000,000

g

AMSR

Trust

3

.218

04/17/37

2,844,845‌

Series

-

2020

SFR1

(Class

E)

2,625,000

g

AMSR

Trust

3

.247

01/19/39

2,436,329‌

Series

-

2019

SFR1

(Class

D)

9,000,000

g,i

Apidos

CLO

XXIV

LIBOR

3

M

+

1.350%

2

.413

10/20/30

8,532,612‌

Series

-

2016

24A

(Class

A2LX)

1,000,000

g,i

Apidos

CLO

XXIX

LIBOR

3

M

+

1.550%

2

.734

07/25/30

955,897‌

Series

-

2018

29A

(Class

A2)

5,194,115

g

Apollo

aviation

securitization

2

.798

01/15/47

4,429,508‌

Series

-

2021

2A

(Class

A)

3,974,850

g

Applebee's

Funding

LLC

4

.194

06/05/49

3,856,050‌

Series

-

2019

1A

(Class

A2I)

1,712,700

g

Applebee's

Funding

LLC

4

.723

06/05/49

1,598,881‌

Series

-

2019

1A

(Class

A2II)

455,523

g,i

AREIT

Trust

LIBOR

1

M

+

1.384%

2

.718

09/14/36

445,243‌

Series

-

2019

CRE3

(Class

A)

1,910,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

4

.240

09/22/25

1,867,008‌

Series

-

2019

2A

(Class

C)

3,100,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

2

.130

08/20/27

2,723,638‌

Series

-

2021

1A

(Class

C)

6,575,000

g

Avis

Budget

Rental

Car

Funding

AESOP

LLC

4

.080

02/20/28

5,880,951‌

Series

-

2021

2A

(Class

D)

1,396,500

g

Bojangles

Issuer

LLC

3

.832

10/20/50

1,323,386‌

Series

-

2020

1A

(Class

A2)

1,000,000

g,i

Bonanza

RE

Ltd

U.S.

Treasury

Bill

3

M

+

4.750%

6

.448

12/23/24

985,500‌

Series

-

2020

A

(Class

)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

250

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

2,625,000

g,i

Boyce

Park

Clo

Ltd

SOFR

+

3.100%

3

.648

%

04/21/35

$

2,434,611‌

Series

-

2022

1A

(Class

D)

1,854,904

g

BRE

Grand

Islander

Timeshare

Issuer

LLC

3

.280

09/26/33

1,782,987‌

Series

-

2019

A

(Class

A)

630,161

g

British

Airways

Pass

Through

Trust

8

.375

11/15/28

660,458‌

Series

-

2020

A

(Class

)

2,272,941

g

British

Airways

Pass

Through

Trust

3

.800

09/20/31

2,148,063‌

Series

-

2018

1

(Class

AA)

833,543

g

British

Airways

Pass

Through

Trust

4

.250

11/15/32

801,253‌

Series

-

2020

A

(Class

)

5,100,000

g

Capital

Automotive

REIT

4

.520

02/15/50

4,614,800‌

Series

-

2020

1A

(Class

B2)

3,169,340

g

Capital

Automotive

REIT

1

.920

08/15/51

2,770,160‌

Series

-

2021

1A

(Class

A3)

2,481,250

g

Cars

Net

Lease

Mortgage

Notes

Series

3

.100

12/15/50

2,276,919‌

Series

-

2020

1A

(Class

A3)

2,500,000

g

Cars

Net

Lease

Mortgage

Notes

Series

4

.690

12/15/50

2,353,674‌

Series

-

2020

1A

(Class

B1)

5,625,000

Carvana

Auto

Receivables

Trust

2

.300

09/11/28

5,251,840‌

Series

-

2021

N4

(Class

D)

1,250,000

g,i

Cayuga

Park

CLO

Ltd

LIBOR

3

M

+

6.000%

1

.000

07/17/34

1,094,345‌

Series

-

2020

1A

(Class

ER)

705,696

i

C-BASS

Trust

LIBOR

1

M

+

0.160%

1

.784

07/25/36

672,165‌

Series

-

2006

CB6

(Class

A1)

6,451,318

†,g,i

CBRE

Realty

Finance

LIBOR

3

M

+

0.300%

0

.520

04/07/52

16,128‌

Series

-

2007

1A

(Class

A2)

11,905

†,g

CCR,

Inc

4

.750

07/10/22

11,964‌

Series

-

2012

CA

(Class

C)

10,667

Centex

Home

Equity

5

.540

01/25/32

10,638‌

Series

-

2002

A

(Class

AF6)

6,443,524

g

CF

Hippolyta

LLC

2

.280

07/15/60

5,779,999‌

Series

-

2020

1

(Class

B1)

2,871,971

g

CF

Hippolyta

LLC

2

.600

07/15/60

2,441,056‌

Series

-

2020

1

(Class

B2)

10,368,433

g

CF

Hippolyta

LLC

1

.530

03/15/61

9,139,919‌

Series

-

2021

1A

(Class

A1)

8,680,548

g

CF

Hippolyta

LLC

1

.980

03/15/61

7,492,547‌

Series

-

2021

1A

(Class

B1)

4,375,000

g,i

CIFC

Funding

LIBOR

3

M

+

1.450%

2

.494

04/15/34

4,126,115‌

Series

-

2021

2A

(Class

B)

1,500,000

g,i

CIFC

Funding

Ltd

LIBOR

3

M

+

2.300%

5

.040

01/17/35

1,414,499‌

Series

-

2014

4RA

(Class

BR)

6,360,000

g

Cologix

Data

Centers

US

Issuer

LLC

3

.300

12/26/51

5,847,675‌

Series

-

2021

1A

(Class

A2)

877,838

g

Corevest

American

Finance

Trust

1

.832

03/15/50

833,132‌

Series

-

2020

1

(Class

A1)

18,511

Countrywide

Asset-Backed

Certificates

(Step

Bond)

5

.216

10/25/27

18,575‌

Series

-

2002

S4

(Class

A5)

9,850,000

g

Crescendo

Royalty

Funding

LP

3

.567

12/20/51

8,967,237‌

Series

-

2021

1

(Class

A)

4,361,663

g

DB

Master

Finance

LLC

4

.021

05/20/49

4,205,785‌

Series

-

2019

1A

(Class

A2II)

3,160,625

g

DB

Master

Finance

LLC

4

.352

05/20/49

2,946,505‌

Series

-

2019

1A

(Class

A23)

4,228,750

g

DB

Master

Finance

LLC

2

.045

11/20/51

3,754,517‌

Series

-

2021

1A

(Class

A2I)

6,865,500

g

DB

Master

Finance

LLC

2

.493

11/20/51

5,914,244‌

Series

-

2021

1A

(Class

A2II)

1,341,079

g

Diamond

Resorts

Owner

Trust

3

.700

01/21/31

1,337,843‌

Series

-

2018

1

(Class

A)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

251

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

357,621

g

Diamond

Resorts

Owner

Trust

5

.900

%

01/21/31

$

352,531‌

Series

-

2018

1

(Class

D)

1,276,608

g

Diamond

Resorts

Owner

Trust

2

.700

11/21/33

1,197,543‌

Series

-

2021

1A

(Class

C)

664,900

g

Diamond

Resorts

Owner

Trust

3

.830

11/21/33

629,968‌

Series

-

2021

1A

(Class

D)

4,649,400

g

Domino's

Pizza

Master

Issuer

LLC

4

.474

10/25/45

4,626,627‌

Series

-

2015

1A

(Class

A2II)

1,544,000

g

Domino's

Pizza

Master

Issuer

LLC

4

.116

07/25/48

1,505,341‌

Series

-

2018

1A

(Class

A2I)

2,902,500

g

Driven

Brands

Funding

LLC

4

.641

04/20/49

2,775,037‌

Series

-

2019

1A

(Class

A2)

2,431,688

g

Driven

Brands

Funding

LLC

3

.786

07/20/50

2,267,493‌

Series

-

2020

1A

(Class

A2)

2,913,125

g

Driven

Brands

Funding

LLC

3

.237

01/20/51

2,622,526‌

Series

-

2020

2A

(Class

A2)

842,730

g,i

Ellington

Loan

Acquisition

Trust

LIBOR

1

M

+

1.100%

2

.724

05/25/37

836,895‌

Series

-

2007

2

(Class

A2C)

5,000,000

g

EWC

Master

Issuer

LLC

5

.500

03/15/52

4,836,533‌

Series

-

2022

1A

(Class

A2)

1,500,000

g,i

First

Coast

Re

III

Pte

Ltd

U.S.

Treasury

Bill

3

M

+

6.180%

7

.878

04/07/25

1,419,000‌

Series

-

2020

A

(Class

)

8,728,469

g

Flexential

Issuer,

LLC

3

.250

11/27/51

7,979,995‌

Series

-

2021

1A

(Class

A2)

1,000,000

g,i

GoldenTree

Loan

Opportunities

IX

Ltd

LIBOR

3

M

+

5.660%

0

.000

10/29/29

880,921‌

Series

-

2014

9A

(Class

ER2)

292,245

g

HERO

Funding

Trust

3

.280

09/20/48

282,854‌

Series

-

2017

2A

(Class

A1)

584,490

g

HERO

Funding

Trust

4

.070

09/20/48

568,033‌

Series

-

2017

2A

(Class

A2)

5,025,000

g

Hertz

Vehicle

Financing

LLC

2

.050

12/26/25

4,630,223‌

Series

-

2021

1A

(Class

C)

5,000,000

g

Hertz

Vehicle

Financing

LLC

3

.980

12/26/25

4,612,371‌

Series

-

2021

1A

(Class

D)

3,750,000

g

HIFI

A2

3

.939

02/01/62

3,584,516‌

Series

-

2022

1A

(Class

A2)

472,217

g

Hilton

Grand

Vacations

Trust

2

.660

12/26/28

465,384‌

Series

-

2017

AA

(Class

A)

787,028

g

Hilton

Grand

Vacations

Trust

2

.960

12/26/28

770,293‌

Series

-

2017

AA

(Class

B)

768,783

g

Hilton

Grand

Vacations

Trust

4

.000

02/25/32

746,898‌

Series

-

2018

AA

(Class

C)

1,857,358

g

Hilton

Grand

Vacations

Trust

2

.840

07/25/33

1,769,741‌

Series

-

2019

AA

(Class

C)

32,481

i

Home

Equity

Asset

Trust

LIBOR

1

M

+

1.500%

3

.986

06/25/33

32,061‌

Series

-

2003

1

(Class

M1)

2,113,428

g

Horizon

Aircraft

Finance

II

Ltd

3

.721

07/15/39

1,870,067‌

Series

-

2019

1

(Class

A)

7,923,439

g

Horizon

Aircraft

Finance

III

Ltd

3

.425

11/15/39

6,866,092‌

Series

-

2019

2

(Class

A)

2,900,000

g

Hotwire

Funding

LLC

2

.658

11/20/51

2,554,753‌

Series

-

2021

1

(Class

B)

3,000,000

†,g

Industrial

DPR

Funding

Ltd

5

.380

04/15/34

2,922,900‌

Series

-

2022

1A

(Class

1)

499,977

g,i

Invitation

Homes

Trust

LIBOR

1

M

+

1.250%

2

.773

01/17/38

494,938‌

Series

-

2018

SFR4

(Class

B)

1,000,000

g,i

Kendall

Re

Ltd

U.S.

Treasury

Bill

3

M

+

4.000%

4

.040

05/02/24

945,250‌

Series

-

2020

A

(Class

)

1,689,823

g

Lunar

Aircraft

Ltd

4

.335

02/15/45

1,326,240‌

Series

-

2020

1A

(Class

B)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

252

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

2,815,188

g

Lunar

Structured

Aircraft

Portfolio

Notes

5

.682

%

10/15/46

$

2,458,641‌

Series

-

2021

1

(Class

C)

4,000,000

g,i

Madison

Park

Funding

LIX

Ltd

LIBOR

3

M

+

2.100%

2

.345

01/18/34

3,754,652‌

Series

-

2021

59A

(Class

C)

1,000,000

g,i

Madison

Park

Funding

XXXVI

Ltd

SOFR

3M

+

3.500%

5

.981

04/15/35

931,746‌

Series

-

2019

36A

(Class

D1R)

3,500,000

g,i

Magnetite

XXIII

Ltd

LIBOR

3

M

+

2.050%

1

.000

01/25/35

3,227,049‌

Series

-

2019

23A

(Class

CR)

1,000,000

g,i

Magnetite

XXIII

Ltd

LIBOR

3

M

+

6.300%

7

.484

01/25/35

882,391‌

Series

-

2019

23A

(Class

ER)

2,630,835

g

MAPS

Trust

2

.521

06/15/46

2,282,899‌

Series

-

2021

1A

(Class

A)

2,142,750

g

MAPS

Trust

5

.437

06/15/46

1,481,255‌

Series

-

2021

1A

(Class

C)

587,747

Mid-State

Capital

Trust

5

.745

01/15/40

578,258‌

Series

-

2005

1

(Class

A)

1,210,100

g

Mosaic

Solar

Loans

LLC

3

.820

06/22/43

1,147,765‌

Series

-

2017

2A

(Class

A)

800,000

g,i

MSCG

Trust

3

.577

06/07/35

692,669‌

Series

-

2015

ALDR

(Class

C)

4,310,000

g,i

MSCG

Trust

3

.577

06/07/35

3,557,902‌

Series

-

2015

ALDR

(Class

D)

1,626,923

g

MVW

LLC

2

.230

05/20/39

1,484,358‌

Series

-

2021

2A

(Class

C)

392,588

g

MVW

Owner

Trust

2

.640

12/20/33

391,134‌

Series

-

2016

1A

(Class

B)

934,315

g

MVW

Owner

Trust

3

.900

01/21/36

911,718‌

Series

-

2018

1A

(Class

C)

948,874

g

MVW

Owner

Trust

3

.330

11/20/36

900,432‌

Series

-

2019

1A

(Class

C)

1,180,000

g,i

Myers

Park

CLO

Ltd

LIBOR

3

M

+

1.600%

2

.663

10/20/30

1,129,456‌

Series

-

2018

1A

(Class

B1)

1,091,750

g

NBC

Funding

LLC

2

.989

07/30/51

968,263‌

Series

-

2021

1

(Class

A2)

2,000,000

g

NBC

Funding

LLC

4

.970

07/30/51

1,788,446‌

Series

-

2021

1

(Class

B)

1,000,000

g,i

Neuberger

Berman

CLO

Ltd

0

.000

04/25/36

926,128‌

Series

-

2022

48A

(Class

D)

2,000,000

g,i

Neuberger

Berman

Loan

Advisers

CLO

31

Ltd

LIBOR

3

M

+

6.500%

7

.563

04/20/31

1,817,858‌

Series

-

2019

31A

(Class

ER)

2,050,000

g,i

Neuberger

Berman

Loan

Advisers

Clo

40

Ltd

LIBOR

3

M

+

2.750%

3

.794

04/16/33

1,894,157‌

Series

-

2021

40A

(Class

D)

1,000,000

g,i

Neuberger

Berman

Loan

Advisers

CLO

41

Ltd

LIBOR

3

M

+

6.500%

7

.544

04/15/34

889,755‌

Series

-

2021

41A

(Class

E)

1,000,000

g

Oak

Street

Investment

Grade

Net

Lease

Fund

Series

4

.230

01/20/51

919,749‌

Series

-

2021

1A

(Class

B1)

106,868

Oakwood

Mortgage

Investors,

Inc

5

.410

11/15/32

106,721‌

Series

-

2002

C

(Class

A1)

950,000

g

Oportun

Funding

XIV

LLC

3

.440

03/08/28

894,471‌

Series

-

2021

A

(Class

C)

1,000,000

g

Oportun

Funding

XIV

LLC

5

.400

03/08/28

946,019‌

Series

-

2021

A

(Class

D)

3,490,000

g

Oportun

Issuance

Trust

5

.410

05/08/31

3,300,279‌

Series

-

2021

B

(Class

D)

1,000,000

g,i

Palmer

Square

CLO

Ltd

LIBOR

3

M

+

2.950%

5

.462

01/15/35

933,065‌

Series

-

2021

3A

(Class

D)

2,500,000

g,i

Palmer

Square

CLO

Ltd

SOFR

3M

+

3.050%

3

.516

04/20/35

2,320,127‌

Series

-

2022

1A

(Class

D)

2,285,000

g

Progress

Residential

Trust

2

.082

10/17/38

1,967,486‌

Series

-

2021

SFR8

(Class

D)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

253

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

600,000

g

Progress

Residential

Trust

2

.711

%

11/17/40

$

496,895‌

Series

-

2021

SFR9

(Class

D)

1,000,000

g

Purchasing

Power

Funding

LLC

4

.370

10/15/25

983,434‌

Series

-

2021

A

(Class

D)

7,407,458

g

Purewest

Funding

LLC

4

.091

12/22/36

7,150,955‌

Series

-

2021

1

(Class

A1)

14,063

†,g,i

Putnam

RE

PTE

Ltd

7

.175

06/07/24

1‌

Series

-

2020

A

(Class

)

1,250,000

g

Regional

Management

Issuance

Trust

3

.040

03/17/31

1,100,430‌

Series

-

2021

1

(Class

C)

800,000

g

Regional

Management

Issuance

Trust

5

.070

03/17/31

688,616‌

Series

-

2021

1

(Class

D)

500,000

g,i

Residential

Reinsurance

2021

Ltd

U.S.

Treasury

Bill

3

M

+

2.500%

4

.195

06/06/25

478,700‌

Series

-

2020

A

(Class

)

500,000

g,i

Residential

Reinsurance

2021

Ltd

U.S.

Treasury

Bill

3

M

+

3.590%

5

.285

06/06/25

473,875‌

Series

-

2020

A

(Class

)

2,400,000

g,i

Sanders

RE

II

Ltd

U.S.

Treasury

Bill

3

M

+

3.250%

4

.925

04/07/25

2,352,960‌

Series

-

2020

A

(Class

)

4,553,370

†,g

Settlement

Fee

Finance

LLC

3

.840

11/01/49

4,390,679‌

Series

-

2019

1A

(Class

A)

1,500,000

g,i

Sierra

Ltd

U.S.

Treasury

Bill

3

M

+

3.250%

4

.943

12/28/22

1,491,000‌

Series

-

2020

A

(Class

)

610,813

g

Sierra

Timeshare

Receivables

Funding

LLC

3

.650

06/20/35

604,061‌

Series

-

2018

2A

(Class

B)

303,139

g

Sierra

Timeshare

Receivables

Funding

LLC

4

.540

05/20/36

292,634‌

Series

-

2019

2A

(Class

D)

2,472,211

g

Sierra

Timeshare

Receivables

Funding

LLC

1

.790

11/20/37

2,296,658‌

Series

-

2021

1A

(Class

C)

301,742

†,g

SolarCity

LMC

4

.800

11/20/38

289,189‌

Series

-

2013

1

(Class

A)

7,367,408

g

Sonic

Capital

LLC

3

.845

01/20/50

6,952,248‌

Series

-

2020

1A

(Class

A2I)

1,700,000

g

Stack

Infrastructure

Issuer

LLC

1

.893

08/25/45

1,560,466‌

Series

-

2020

1A

(Class

A2)

5,875,000

g

Stack

Infrastructure

Issuer

LLC

1

.877

03/26/46

5,279,858‌

Series

-

2021

1A

(Class

A2)

3,315,950

g

START

Ireland

5

.095

03/15/44

2,577,621‌

Series

-

2019

1

(Class

B)

1,471,640

g

Start

Ltd/Bermuda

5

.315

05/15/43

1,071,817‌

Series

-

2018

1

(Class

B)

4,995

i

Structured

Asset

Investment

Loan

Trust

LIBOR

1

M

+

0.900%

2

.524

09/25/34

4,864‌

Series

-

2004

8

(Class

M1)

12,508

i

Structured

Asset

Investment

Loan

Trust

LIBOR

1

M

+

1.000%

2

.624

09/25/34

12,346‌

Series

-

2004

8

(Class

A9)

7,671,250

g

Taco

Bell

Funding

LLC

4

.970

05/25/46

7,621,548‌

Series

-

2016

1A

(Class

A23)

3,860,000

g

Taco

Bell

Funding

LLC

4

.940

11/25/48

3,692,198‌

Series

-

2018

1A

(Class

A2II)

8,377,900

g

Taco

Bell

Funding

LLC

1

.946

08/25/51

7,298,961‌

Series

-

2021

1A

(Class

A2I)

4,895,400

g

Taco

Bell

Funding

LLC

2

.294

08/25/51

4,104,959‌

Series

-

2021

1A

(Class

A2II)

2,500,000

g,i

TCW

CLO

Ltd

LIBOR

3

M

+

6.860%

6

.985

07/25/34

2,277,225‌

Series

-

2021

2A

(Class

E)

5,279,468

g

TES

LLC

4

.330

10/20/47

4,945,365‌

Series

-

2017

1A

(Class

A)

2,500,000

g

TES

LLC

7

.740

10/20/47

2,415,577‌

Series

-

2017

1A

(Class

B)

475,000

g

Tricon

American

Homes

Trust

2

.049

07/17/38

435,923‌

Series

-

2020

SFR1

(Class

B)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

254

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

6,584,194

United

Airlines

Pass

Through

Trust

5

.875

%

10/15/27

$

6,468,901‌

Series

-

2020

A

(Class

)

4,169,481

United

Airlines

Pass

Through

Trust

3

.700

03/01/30

3,684,383‌

Series

-

2018

1

(Class

A)

4,322,744

United

Airlines

Pass

Through

Trust

2

.700

05/01/32

3,685,689‌

Series

-

2019

2

(Class

AA)

450,000

g,i

Ursa

Re

II

Ltd

U.S.

Treasury

Bill

3

M

+

3.750%

5

.448

12/07/23

448,200‌

Series

-

2020

A

(Class

)

2,475,000

g

VB-S1

Issuer

Issuer

LLC

-

VBTEL

4

.288

02/15/52

2,243,684‌

Series

-

2022

1A

(Class

D)

6,311,905

g

Vine

2

.790

11/15/50

5,729,634‌

Series

-

2020

1A

(Class

A)

1,903,448

g

Vine

6

.420

11/15/50

1,794,047‌

Series

-

2020

1A

(Class

C)

3,200,000

g,i

Vitality

Re

X

Ltd

U.S.

Treasury

Bill

3

M

+

1.750%

3

.443

01/10/23

3,175,680‌

Series

-

2020

A

(Class

)

2,000,000

g,i

Vitality

Re

XII

Ltd

U.S.

Treasury

Bill

3

M

+

2.250%

3

.945

01/07/25

1,954,400‌

Series

-

2020

A

(Class

)

3,660,063

g

Vivint

Colar

Financing

V

LLC

7

.370

04/30/48

3,590,038‌

Series

-

2018

1A

(Class

B)

6,685,000

g

Wendys

Funding

LLC

3

.884

03/15/48

6,296,722‌

Series

-

2018

1A

(Class

A2II)

5,751,900

g

Wendy's

Funding

LLC

2

.370

06/15/51

4,875,316‌

Series

-

2021

1A

(Class

A2I)

3,628,580

g

ZAXBY'S

FUNDING

LLC

3

.238

07/30/51

3,155,645‌

Series

-

2021

1A

(Class

A2)

TOTAL

ASSET

BACKED

382,415,572‌

OTHER

MORTGAGE

BACKED

-

10

.3

%

183,251

g,i

Agate

Bay

Mortgage

Trust

3

.500

09/25/45

173,768‌

Series

-

2015

6

(Class

A9)

28,785

Alternative

Loan

Trust

5

.250

11/25/33

27,108‌

Series

-

2003

J3

(Class

1A3)

1,500,000

i

BANK

4

.060

11/15/50

1,420,998‌

Series

-

2017

BNK8

(Class

B)

3,750,000

g

BANK

2

.500

10/17/52

2,662,531‌

Series

-

2019

BN21

(Class

D)

1,000,000

BANK

3

.455

12/15/52

897,204‌

Series

-

2019

BN23

(Class

B)

1,713,875

g,i

Bayview

MSR

Opportunity

Master

Fund

Trust

3

.000

10/25/51

1,491,363‌

Series

-

2021

6

(Class

A19)

4,500,000

g,i

BBCMS

Mortgage

Trust

4

.409

08/05/38

3,381,955‌

Series

-

2018

CHRS

(Class

E)

470,886

i

Bear

Stearns

Commercial

Mortgage

Securities

Trust

5

.214

02/11/41

465,411‌

Series

-

2005

PWR7

(Class

B)

1,769,000

g,i

Benchmark

Mortgage

Trust

2

.791

09/15/48

1,541,627‌

Series

-

2020

IG2

(Class

AM)

2,800,000

g,i

Benchmark

Mortgage

Trust

3

.231

09/15/48

2,495,692‌

Series

-

2020

IG3

(Class

AS)

5,000,000

g,i

Benchmark

Mortgage

Trust

3

.654

09/15/48

4,545,905‌

Series

-

2020

IG3

(Class

BXA)

1,100,000

Benchmark

Mortgage

Trust

4

.267

03/15/52

1,069,640‌

Series

-

2019

B9

(Class

AS)

3,600,000

i

Benchmark

Mortgage

Trust

4

.510

05/15/53

3,632,631‌

Series

-

2018

B7

(Class

A4)

9,000,000

g

Benchmark

Mortgage

Trust

4

.139

07/15/53

7,765,543‌

Series

-

2020

B18

(Class

AGNF)

6,500,000

i

Benchmark

Mortgage

Trust

2

.563

02/15/54

4,967,913‌

Series

-

2021

B23

(Class

C)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

255

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

10,711,940

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

0.920%

2

.244

%

10/15/36

$

10,523,320‌

Series

-

2019

XL

(Class

A)

7,000,000

g,i

BXP

Trust

2

.868

01/15/44

5,008,132‌

Series

-

2021

601L

(Class

D)

1,800,000

i

CD

Mortgage

Trust

3

.879

11/10/49

1,675,668‌

Series

-

2016

CD2

(Class

B)

1,000,000

i

CD

Mortgage

Trust

4

.114

11/10/49

881,792‌

Series

-

2016

CD2

(Class

C)

1,400,000

i

CD

Mortgage

Trust

4

.699

02/10/50

1,270,070‌

Series

-

2017

CD3

(Class

C)

221,947

g,i

CF

Mortgage

Trust

2

.840

04/15/25

215,016‌

Series

-

2020

P1

(Class

A1)

10,000,000

g,i

CF

Mortgage

Trust

3

.603

04/15/52

10,067,754‌

Series

-

2020

P1

(Class

A2)

5,000,000

i

CFCRE

Commercial

Mortgage

Trust

3

.502

11/10/49

4,688,086‌

Series

-

2016

C6

(Class

AM)

139,036

Citicorp

Mortgage

Securities,

Inc

5

.500

07/25/35

132,928‌

Series

-

2005

4

(Class

1A7)

3,400,000

g,i

Citigroup

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.900%

3

.225

10/15/36

3,221,267‌

Series

-

2021

PRM2

(Class

D)

2,000,000

i

Citigroup

Commercial

Mortgage

Trust

4

.134

04/10/46

1,976,250‌

Series

-

2013

GC11

(Class

C)

1,129,262

g,i

Citigroup

Commercial

Mortgage

Trust

4

.631

07/10/47

1,048,300‌

Series

-

2014

GC23

(Class

D)

2,600,000

i

Citigroup

Commercial

Mortgage

Trust

3

.758

04/10/48

2,509,136‌

Series

-

2015

GC29

(Class

B)

1,650,000

i

Citigroup

Commercial

Mortgage

Trust

4

.279

04/10/48

1,559,236‌

Series

-

2015

GC29

(Class

C)

1,425,000

Citigroup

Commercial

Mortgage

Trust

4

.233

04/10/49

1,351,843‌

Series

-

2016

GC37

(Class

B)

1,020,000

Citigroup

Commercial

Mortgage

Trust

3

.018

08/10/56

912,162‌

Series

-

2019

GC41

(Class

AS)

122,166

i

Citigroup

Mortgage

Loan

Trust

LIBOR

1

M

+

0.750%

2

.374

01/25/36

122,101‌

Series

-

2006

WFH1

(Class

M4)

1,900,000

COMM

Mortgage

Trust

3

.101

03/10/46

1,890,742‌

Series

-

2013

CR6

(Class

A4)

1,091,000

g,i

COMM

Mortgage

Trust

5

.063

08/10/46

1,076,847‌

Series

-

2013

CR10

(Class

C)

3,000,000

g,i

COMM

Mortgage

Trust

5

.425

08/10/46

2,737,032‌

Series

-

2013

LC13

(Class

D)

5,000,000

COMM

Mortgage

Trust

4

.199

03/10/47

4,958,079‌

Series

-

2014

UBS2

(Class

AM)

1,120,000

COMM

Mortgage

Trust

4

.174

05/10/47

1,109,460‌

Series

-

2014

CR17

(Class

AM)

5,150,000

g,i

COMM

Mortgage

Trust

4

.926

06/10/47

4,663,218‌

Series

-

2014

UBS3

(Class

D)

2,807,500

i

COMM

Mortgage

Trust

4

.456

07/15/47

2,728,480‌

Series

-

2014

CR18

(Class

B)

1,500,000

g,i

COMM

Mortgage

Trust

4

.854

08/10/47

1,371,931‌

Series

-

2014

CR19

(Class

D)

3,000,000

i

COMM

Mortgage

Trust

4

.188

10/10/47

2,968,656‌

Series

-

2014

LC17

(Class

AM)

2,500,000

g

COMM

Mortgage

Trust

3

.000

03/10/48

2,041,131‌

Series

-

2015

CR22

(Class

E)

2,600,000

g,i

COMM

Mortgage

Trust

4

.207

03/10/48

2,348,765‌

Series

-

2015

CR22

(Class

D)

3,340,500

i

COMM

Mortgage

Trust

4

.207

03/10/48

3,157,926‌

Series

-

2015

CR22

(Class

C)

1,000,000

COMM

Mortgage

Trust

3

.801

05/10/48

976,783‌

Series

-

2015

CR23

(Class

AM)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

256

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

2,500,000

i

COMM

Mortgage

Trust

4

.428

%

05/10/48

$

2,210,839‌

Series

-

2015

CR23

(Class

D)

2,500,000

i

COMM

Mortgage

Trust

3

.463

08/10/48

2,158,547‌

Series

-

2015

CR24

(Class

D)

3,000,000

i

COMM

Mortgage

Trust

4

.522

08/10/48

2,831,009‌

Series

-

2015

CR24

(Class

C)

2,500,000

i

COMM

Mortgage

Trust

4

.522

08/10/48

2,439,559‌

Series

-

2015

CR24

(Class

B)

3,175,000

i

COMM

Mortgage

Trust

4

.621

10/10/48

3,029,033‌

Series

-

2015

CR26

(Class

C)

562,996

i

Connecticut

Avenue

Securities

LIBOR

1

M

+

2.600%

4

.224

05/25/24

560,841‌

Series

-

2014

C02

(Class

1M2)

5,054,223

i

Connecticut

Avenue

Securities

LIBOR

1

M

+

3.000%

4

.624

07/25/24

5,034,888‌

Series

-

2014

C03

(Class

1M2)

1,155,000

g,i

Connecticut

Avenue

Securities

Trust

2

.476

10/25/41

1,071,291‌

Series

-

2021

R01

(Class

1M2)

2,800,000

g,i

Connecticut

Avenue

Securities

Trust

4

.226

11/25/41

2,394,787‌

Series

-

2021

R02

(Class

2B1)

123,824

g,i

Connecticut

Avenue

Securities

Trust

2

.576

12/25/41

110,261‌

Series

-

2021

R03

(Class

1M2)

1,850,000

g,i

Connecticut

Avenue

Securities

Trust

3

.676

12/25/41

1,552,602‌

Series

-

2021

R03

(Class

1B1)

2,070,000

g,i

Connecticut

Avenue

Securities

Trust

3

.926

04/25/42

1,967,431‌

Series

-

2022

R05

(Class

2M2)

317,283

i

Countrywide

Alternative

Loan

Trust

LIBOR

1

M

+

0.460%

2

.086

07/20/35

299,645‌

Series

-

2005

24

(Class

4A1)

25,744

Countrywide

Alternative

Loan

Trust

5

.000

12/25/56

25,330‌

Series

-

2005

6CB

(Class

2A1)

327,067

i

Countrywide

Home

Loan

Mortgage

Pass

Through

Trust

2

.572

11/20/34

317,084‌

Series

-

2004

HYB6

(Class

A2)

21,049

Countrywide

Home

Loan

Mortgage

Pass

Through

Trust

5

.250

09/25/35

19,336‌

Series

-

2005

17

(Class

1A10)

5,000,000

g,i

CPT

Mortgage

Trust

3

.097

11/13/39

3,931,182‌

Series

-

2019

CPT

(Class

E)

2,217,857

g,i

Credit

Suisse

Mortgage

Capital

Certificates

2

.405

10/25/66

1,964,571‌

Series

-

2021

NQM8

(Class

A3)

3,340,000

CSAIL

Commercial

Mortgage

Trust

3

.505

04/15/50

3,280,585‌

Series

-

2015

C1

(Class

A4)

1,799,583

g,i

CSMC

2

.130

05/25/65

1,560,311‌

Series

-

2021

NQM1

(Class

M1)

1,850,000

g,i

CSMC

Series

3

.388

10/25/59

1,687,947‌

Series

-

2019

NQM1

(Class

M1)

5,065,000

DBJPM

3

.539

05/10/49

4,869,113‌

Series

-

2016

C1

(Class

AM)

3,400,000

g,i

ELP

Commercial

Mortgage

Trust

LIBOR

1

M

+

2.118%

3

.443

11/15/38

3,213,210‌

Series

-

2021

ELP

(Class

E)

4,000,000

g,i

EQUS

Mortgage

Trust

LIBOR

1

M

+

2.300%

3

.624

10/15/38

3,698,687‌

Series

-

2021

EQAZ

(Class

E)

897,545

g,i

Flagstar

Mortgage

Trust

4

.049

10/25/47

862,440‌

Series

-

2017

2

(Class

B3)

60,430

g,i

Flagstar

Mortgage

Trust

4

.000

09/25/48

59,565‌

Series

-

2018

5

(Class

A11)

1,387,059

g,i

Flagstar

Mortgage

Trust

2

.500

04/25/51

1,159,068‌

Series

-

2021

2

(Class

A4)

1,840,045

g,i

Flagstar

Mortgage

Trust

2

.500

06/01/51

1,536,529‌

Series

-

2021

4

(Class

A21)

9,260,375

g,i

Flagstar

Mortgage

Trust

3

.000

10/25/51

8,213,211‌

Series

-

2021

10INV

(Class

A17)

1,970,000

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.976

12/25/33

1,755,641‌

Series

-

2021

HQA2

(Class

M2)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

257

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

2,302,218

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.576

%

01/25/34

$

2,219,826‌

Series

-

2021

DNA5

(Class

M2)

2,690,000

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.426

01/25/42

2,277,564‌

Series

-

2022

DNA1

(Class

M2)

5,108,396

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.826

04/25/42

4,802,032‌

Series

-

2022

DNA3

(Class

M1B)

3,846,000

g,i

GS

Mortgage

Securities

Trust

4

.285

02/10/46

3,804,314‌

Series

-

2013

GC10

(Class

C)

2,250,000

i

GS

Mortgage

Securities

Trust

4

.116

10/10/49

2,048,584‌

Series

-

2016

GS3

(Class

C)

3,725,000

i

GS

Mortgage

Securities

Trust

4

.080

11/10/49

3,302,412‌

Series

-

2016

GS4

(Class

C)

3,800,000

i

GS

Mortgage

Securities

Trust

4

.158

02/10/52

3,678,682‌

Series

-

2019

GC38

(Class

AS)

1,500,000

i

GS

Mortgage

Securities

Trust

4

.761

02/10/52

1,390,854‌

Series

-

2019

GC38

(Class

C)

1,500,000

g,i

GS

Mortgage

Securities

Trust

3

.501

07/10/52

1,421,280‌

Series

-

2019

GC40

(Class

DBB)

4,500,000

g,i

GS

Mortgage

Securities

Trust

3

.668

07/10/52

4,195,423‌

Series

-

2019

GC40

(Class

DBC)

1,000,000

i

GS

Mortgage

Securities

Trust

3

.405

02/13/53

878,301‌

Series

-

2020

GC45

(Class

B)

3,000,000

GS

Mortgage

Securities

Trust

2

.012

12/12/53

2,485,884‌

Series

-

2020

GSA2

(Class

A5)

67,536

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

66,450‌

Series

-

2019

PJ2

(Class

A1)

176,399

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

4

.000

11/25/49

173,563‌

Series

-

2019

PJ2

(Class

A4)

381,801

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.500

07/25/50

351,922‌

Series

-

2020

PJ2

(Class

A4)

277,946

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

01/25/51

246,112‌

Series

-

2020

PJ4

(Class

A4)

214,979

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

03/27/51

188,799‌

Series

-

2020

PJ5

(Class

A4)

1,030,271

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

05/25/51

862,986‌

Series

-

2020

PJ6

(Class

A4)

2,896,857

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

2

.500

10/25/51

2,423,423‌

Series

-

2021

PJ5

(Class

A4)

4,086,887

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

06/25/52

3,618,305‌

Series

-

2022

PJ2

(Class

A36)

281,526

g,i

GS

Mortgage-Backed

Securities

Trust

3

.642

05/25/50

249,208‌

Series

-

2020

PJ1

(Class

B2)

1,291,738

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

07/25/51

1,081,172‌

Series

-

2021

PJ2

(Class

A4)

7,730,893

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

11/25/51

6,453,518‌

Series

-

2021

PJ6

(Class

A4)

9,074,281

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

7,579,838‌

Series

-

2021

PJ7

(Class

A4)

4,554,919

g,i

GS

Mortgage-Backed

Securities

Trust

2

.500

01/25/52

3,812,740‌

Series

-

2021

PJ8

(Class

A4)

2,448,023

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

07/25/52

2,124,150‌

Series

-

2022

INV1

(Class

A4)

4,043,386

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

09/25/52

3,508,742‌

Series

-

2022

HP1

(Class

A4)

2,764,983

g,i

GS

Mortgage-Backed

Securities

Trust

3

.000

10/25/52

2,406,075‌

Series

-

2022

PJ5

(Class

A36)

231,839

g

GSMPS

Mortgage

Loan

Trust

7

.500

03/25/35

224,634‌

Series

-

2005

RP2

(Class

1A2)

221,032

g

GSMPS

Mortgage

Loan

Trust

7

.500

09/25/35

214,661‌

Series

-

2005

RP3

(Class

1A2)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

258

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

294,161

GSR

Mortgage

Loan

Trust

6

.000

%

01/25/35

$

274,984‌

Series

-

2005

1F

(Class

3A3)

1,222,131

i

HarborView

Mortgage

Loan

Trust

LIBOR

1

M

+

0.620%

2

.232

08/19/45

1,138,664‌

Series

-

2005

11

(Class

2A1A)

3,000,000

g,i

Hudson

Yards

Mortgage

Trust

3

.558

07/10/39

2,568,029‌

Series

-

2019

30HY

(Class

D)

1,750,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

1,353,262‌

Series

-

2019

55HY

(Class

F)

2,000,000

g,i

Hudson

Yards

Mortgage

Trust

3

.041

12/10/41

1,666,289‌

Series

-

2019

55HY

(Class

D)

68,966

i

Impac

CMB

Trust

LIBOR

1

M

+

0.660%

2

.284

03/25/35

66,751‌

Series

-

2004

11

(Class

2A1)

897,220

g,i

Imperial

Fund

Mortgage

Trust

2

.051

10/25/55

853,420‌

Series

-

2020

NQM1

(Class

A3)

440,000

g,i

Imperial

Fund

Mortgage

Trust

3

.531

10/25/55

406,211‌

Series

-

2020

NQM1

(Class

M1)

4,810,000

g,i

Imperial

Fund

Mortgage

Trust

2

.383

06/25/56

3,825,319‌

Series

-

2021

NQM1

(Class

M1)

2,472,401

g,i

J.P.

Morgan

Mortgage

Trust

3

.000

09/25/52

2,159,568‌

Series

-

2022

INV3

(Class

A6)

34,614

i

JP

Morgan

Alternative

Loan

Trust

LIBOR

1

M

+

0.560%

2

.184

04/25/47

34,904‌

Series

-

2007

S1

(Class

A1)

1,700,000

g,i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.212

01/15/46

1,640,218‌

Series

-

2013

C13

(Class

D)

6,561

g,i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

5

.604

07/15/46

6,540‌

Series

-

2011

C4

(Class

C)

1,719,000

i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

4

.119

01/15/49

1,683,067‌

Series

-

2015

JP1

(Class

AS)

2,140,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

2

.822

08/15/49

2,032,204‌

Series

-

2016

JP2

(Class

A4)

2,365,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.723

03/15/50

2,308,569‌

Series

-

2017

JP5

(Class

A5)

5,000,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.379

09/15/50

4,898,695‌

Series

-

2017

JP7

(Class

A3)

248,901

i

JP

Morgan

Mortgage

Trust

2

.284

11/25/33

243,564‌

Series

-

2006

A2

(Class

5A3)

1,811,625

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

-

0.000%

2

.174

12/25/44

1,790,215‌

Series

-

2015

1

(Class

B1)

78,563

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/45

74,867‌

Series

-

2015

3

(Class

A19)

390,731

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/45

362,014‌

Series

-

2015

6

(Class

A13)

194,894

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/46

184,450‌

Series

-

2016

1

(Class

A13)

220,189

g,i

JP

Morgan

Mortgage

Trust

3

.500

05/25/47

207,692‌

Series

-

2017

2

(Class

A13)

553,839

g,i

JP

Morgan

Mortgage

Trust

3

.500

09/25/48

510,304‌

Series

-

2018

3

(Class

A13)

219,934

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

203,452‌

Series

-

2018

4

(Class

A13)

998,059

g,i

JP

Morgan

Mortgage

Trust

3

.500

10/25/48

922,443‌

Series

-

2018

5

(Class

A13)

759,946

g,i

JP

Morgan

Mortgage

Trust

3

.053

10/26/48

745,471‌

Series

-

2017

5

(Class

A2)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

259

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

897,780

g,i

JP

Morgan

Mortgage

Trust

3

.868

%

12/25/48

$

820,108‌

Series

-

2018

6

(Class

B4)

128,960

g,i

JP

Morgan

Mortgage

Trust

4

.000

01/25/49

125,987‌

Series

-

2018

8

(Class

A13)

150,920

g,i

JP

Morgan

Mortgage

Trust

4

.000

02/25/49

147,350‌

Series

-

2018

9

(Class

A13)

59,022

g,i

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

57,926‌

Series

-

2019

1

(Class

A3)

303,354

g,i

JP

Morgan

Mortgage

Trust

4

.000

05/25/49

297,721‌

Series

-

2019

1

(Class

A15)

517,761

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

+

0.950%

2

.574

10/25/49

511,306‌

Series

-

2019

INV1

(Class

A11)

2,446,108

g,i

JP

Morgan

Mortgage

Trust

3

.852

06/25/50

2,200,819‌

Series

-

2020

1

(Class

B2)

4,372,797

g,i

JP

Morgan

Mortgage

Trust

2

.500

10/25/51

3,660,075‌

Series

-

2021

6

(Class

A15)

2,450,594

g,i

JP

Morgan

Mortgage

Trust

2

.500

11/25/51

2,051,172‌

Series

-

2021

7

(Class

A15)

2,849,868

g,i

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

2,385,852‌

Series

-

2021

8

(Class

A15)

1,090,920

g,i

JP

Morgan

Mortgage

Trust

2

.500

12/25/51

912,936‌

Series

-

2021

10

(Class

A15)

4,212,876

g,i

JP

Morgan

Mortgage

Trust

2

.500

01/25/52

3,523,228‌

Series

-

2021

11

(Class

A15)

1,205,361

g,i

JP

Morgan

Mortgage

Trust

2

.500

02/25/52

1,008,417‌

Series

-

2021

12

(Class

A15)

2,215,489

g,i

JP

Morgan

Mortgage

Trust

3

.350

04/25/52

1,845,596‌

Series

-

2021

INV6

(Class

B1)

1,417,913

g,i

JP

Morgan

Mortgage

Trust

3

.350

04/25/52

1,161,741‌

Series

-

2021

INV6

(Class

B2)

1,822,801

g,i

JP

Morgan

Mortgage

Trust

2

.500

05/25/52

1,521,967‌

Series

-

2021

14

(Class

A15)

6,146,514

g,i

JP

Morgan

Mortgage

Trust

2

.500

06/25/52

5,132,099‌

Series

-

2021

15

(Class

A15)

1,746,321

g,i

JP

Morgan

Mortgage

Trust

3

.000

08/25/52

1,547,188‌

Series

-

2022

2

(Class

A25)

4,558,144

g,i

JP

Morgan

Mortgage

Trust

3

.500

09/25/52

4,166,969‌

Series

-

2022

LTV2

(Class

A6)

458,463

JPMBB

Commercial

Mortgage

Securities

Trust

3

.657

09/15/47

455,658‌

Series

-

2014

C23

(Class

ASB)

5,000,000

JPMBB

Commercial

Mortgage

Securities

Trust

3

.634

02/15/48

4,874,637‌

Series

-

2015

C27

(Class

AS)

6,000,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.766

08/15/48

5,744,856‌

Series

-

2015

C31

(Class

B)

2,500,000

g,i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.390

03/17/49

2,234,908‌

Series

-

2016

C1

(Class

D1)

5,000,000

JPMDB

Commercial

Mortgage

Securities

Trust

2

.536

05/13/53

4,244,987‌

Series

-

2020

COR7

(Class

AS)

10,000,000

g

Liberty

Street

Trust

3

.597

02/10/36

9,584,992‌

Series

-

2016

225L

(Class

A)

341,686

Master

Alternative

Loan

Trust

7

.000

01/25/34

325,702‌

Series

-

2004

1

(Class

3A1)

915,824

g

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

4

.384

12/15/46

883,011‌

Series

-

2014

C19

(Class

LNC2)

850,782

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.338

03/15/48

830,661‌

Series

-

2015

C21

(Class

A4)

2,000,000

i

Morgan

Stanley

Capital

I

Trust

3

.779

05/15/48

1,970,824‌

Series

-

2015

MS1

(Class

A4)

132,584

†,i

Morgan

Stanley

Capital

I

Trust

6

.282

12/12/49

66,292‌

Series

-

2007

IQ16

(Class

AJFX)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

260

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

300,000

Morgan

Stanley

Capital

I

Trust

3

.587

%

12/15/50

$

288,991‌

Series

-

2017

HR2

(Class

A4)

2,150,000

i

Morgan

Stanley

Capital

I

Trust

4

.429

07/15/51

2,115,816‌

Series

-

2018

H3

(Class

AS)

1,099,580

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

07/25/51

993,187‌

Series

-

2021

4

(Class

A4)

3,706,014

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

08/25/51

3,102,971‌

Series

-

2021

5

(Class

A9)

3,397,986

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

3,091,291‌

Series

-

2021

6

(Class

A4)

2,975,191

g,i

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2

.500

09/25/51

2,491,782‌

Series

-

2021

6

(Class

A9)

1,500,000

g

MRCD

Mortgage

Trust

2

.718

12/15/36

1,352,467‌

Series

-

2019

PARK

(Class

E)

11,100,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.500%

2

.824

07/15/36

10,932,850‌

Series

-

2019

MILE

(Class

A)

3,000,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

3.500%

4

.824

07/15/36

2,866,084‌

Series

-

2019

MILE

(Class

E)

4,500,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

4.250%

5

.574

07/15/36

4,252,570‌

Series

-

2019

MILE

(Class

F)

485,114

g,i

New

Residential

Mortgage

Loan

Trust

2

.797

09/25/59

467,881‌

Series

-

2019

NQM4

(Class

A3)

425,000

g,i

New

Residential

Mortgage

Loan

Trust

2

.986

09/25/59

387,456‌

Series

-

2019

NQM4

(Class

M1)

146,096

i

New

York

Mortgage

Trust

LIBOR

1

M

+

0.480%

2

.104

02/25/36

144,280‌

Series

-

2005

3

(Class

A1)

650,000

g,i

NLT

Trust

2

.569

08/25/56

511,972‌

Series

-

2021

INV2

(Class

M1)

5,439,612

g,i

OBX

Trust

2

.500

07/25/51

4,538,704‌

Series

-

2021

J2

(Class

A19)

426,461

g,i

OBX

Trust

LIBOR

1

M

+

0.650%

2

.274

06/25/57

417,298‌

Series

-

2018

1

(Class

A2)

1,668,578

g,i

Oceanview

Mortgage

Trust

2

.500

05/25/51

1,395,899‌

Series

-

2021

1

(Class

A19)

5,700,000

g

One

Bryant

Park

Trust

2

.516

09/15/54

4,925,124‌

Series

-

2019

OBP

(Class

A)

2,700,000

g,i

Onslow

Bay

Mortgage

Loan

Trust

2

.451

05/25/61

1,974,511‌

Series

-

2021

NQM2

(Class

M1)

6,925,150

g,i

RCKT

Mortgage

Trust

2

.500

02/25/52

5,769,072‌

Series

-

2022

2

(Class

A22)

1,520,000

g,i

RCKT

Mortgage

Trust

3

.500

06/25/52

1,356,837‌

Series

-

2022

4

(Class

A22)

181,451

g,i

Sequoia

Mortgage

Trust

3

.500

05/25/45

168,471‌

Series

-

2015

2

(Class

A1)

216,504

g,i

Sequoia

Mortgage

Trust

3

.500

06/25/46

204,696‌

Series

-

2016

1

(Class

A19)

662,762

g,i

Sequoia

Mortgage

Trust

3

.500

02/25/47

618,867‌

Series

-

2017

2

(Class

A19)

580,989

g,i

Sequoia

Mortgage

Trust

3

.500

04/25/47

535,637‌

Series

-

2017

3

(Class

A19)

1,211,332

g,i

Sequoia

Mortgage

Trust

3

.723

09/25/47

1,117,716‌

Series

-

2017

6

(Class

B1)

772,547

g,i

Sequoia

Mortgage

Trust

3

.500

02/25/48

728,795‌

Series

-

2018

2

(Class

A19)

257,603

g,i

Sequoia

Mortgage

Trust

3

.500

03/25/48

243,723‌

Series

-

2018

3

(Class

A1)

25,005

g,i

Sequoia

Mortgage

Trust

4

.000

09/25/48

24,516‌

Series

-

2018

7

(Class

A19)

124,317

g,i

Sequoia

Mortgage

Trust

4

.000

06/25/49

122,709‌

Series

-

2019

2

(Class

A19)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

261

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

728,068

g,i

Sequoia

Mortgage

Trust

3

.500

%

12/25/49

$

679,682‌

Series

-

2019

5

(Class

A19)

2,003,908

g,i

Sequoia

Mortgage

Trust

3

.000

04/25/50

1,761,053‌

Series

-

2020

3

(Class

A19)

2,501,905

g,i

Sequoia

Mortgage

Trust

2

.500

06/25/51

2,091,093‌

Series

-

2021

4

(Class

A19)

310,854

g,i

Shellpoint

Co-Originator

Trust

3

.500

10/25/47

292,907‌

Series

-

2017

2

(Class

A1)

15,415,000

g

SLG

Office

Trust

2

.851

07/15/41

11,926,855‌

Series

-

2021

OVA

(Class

E)

4,340,657

g,i

SMR

Mortgage

Trust

3

.679

02/15/39

4,186,195‌

Series

-

2022

IND

(Class

B)

3,500,000

g,i

Spruce

Hill

Mortgage

Loan

Trust

3

.827

01/28/50

3,276,219‌

Series

-

2020

SH1

(Class

B1)

6,585,000

g,i

Structured

Agency

Credit

Risk

Debt

Note

(STACR)

3

.026

10/25/33

6,089,381‌

Series

-

2021

DNA3

(Class

M2)

12,859

g,i

STACR

3

.761

02/25/48

12,618‌

Series

-

2018

SPI1

(Class

M2)

226,398

g,i

STACR

3

.827

05/25/48

222,421‌

Series

-

2018

SPI2

(Class

M2)

219,003

g,i

STACR

3

.827

05/25/48

217,235‌

Series

-

2018

SPI2

(Class

M2B)

1,425,000

g,i

STACR

LIBOR

1

M

+

2.700%

4

.324

10/25/49

1,350,125‌

Series

-

2019

DNA4

(Class

B1)

4,456,000

g,i

STACR

LIBOR

1

M

+

2.500%

4

.124

02/25/50

3,811,989‌

Series

-

2020

DNA2

(Class

B1)

1,773,706

UBS-Barclays

Commercial

Mortgage

Trust

2

.850

12/10/45

1,772,606‌

Series

-

2012

C4

(Class

A5)

1,000,000

g,i

UBS-Barclays

Commercial

Mortgage

Trust

3

.649

03/10/46

974,273‌

Series

-

2013

C5

(Class

B)

930,000

g,i

Verus

Securitization

Trust

3

.207

11/25/59

922,621‌

Series

-

2019

4

(Class

M1)

601,638

g

Verus

Securitization

Trust

1

.733

05/25/65

562,736‌

Series

-

2020

5

(Class

A3)

315,831

g

Verus

Securitization

Trust

2

.321

05/25/65

302,216‌

Series

-

2020

4

(Class

A3)

3,065,962

g,i

Verus

Securitization

Trust

2

.240

10/25/66

2,711,635‌

Series

-

2021

7

(Class

A3)

13,031,000

g,i

Verus

Securitization

Trust

3

.288

11/25/66

10,870,299‌

Series

-

2021

8

(Class

M1)

1,700,000

g,i

VNDO

Trust

4

.033

01/10/35

1,437,862‌

Series

-

2016

350P

(Class

E)

840,905

g

VSE

VOI

Mortgage

LLC

4

.020

02/20/36

822,523‌

Series

-

2018

A

(Class

C)

9,341

i

Washington

Mutual

Mortgage

Pass-Through

Certificates

Trust

5

.858

08/25/38

9,074‌

Series

-

2004

RA3

(Class

2A)

2,000,000

i

Wells

Fargo

Commercial

Mortgage

Trust

4

.288

05/15/48

1,819,287‌

Series

-

2015

NXS1

(Class

D)

1,200,000

g

Wells

Fargo

Commercial

Mortgage

Trust

3

.153

09/15/57

1,046,480‌

Series

-

2015

NXS3

(Class

D)

94,038

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

4

.000

04/25/49

92,569‌

Series

-

2019

2

(Class

A17)

185,629

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

07/25/50

162,809‌

Series

-

2020

4

(Class

A17)

7,183,902

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

06/25/51

6,001,575‌

Series

-

2021

2

(Class

A17)

1,358,550

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

08/25/51

1,208,559‌

Series

-

2021

INV1

(Class

A17)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

262

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

7,779,161

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.320

%

08/25/51

$

6,214,131‌

Series

-

2021

INV1

(Class

B2)

1,353,880

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

2

.500

12/25/51

1,129,908‌

Series

-

2022

2

(Class

A18)

1,767,469

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.000

03/25/52

1,537,998‌

Series

-

2022

INV1

(Class

A18)

3,061,561

g,i

Wells

Fargo

Mortgage

Backed

Securities

Trust

3

.500

03/25/52

2,757,720‌

Series

-

2022

INV1

(Class

A17)

5,277,000

WFRBS

Commercial

Mortgage

Trust

3

.607

11/15/47

5,187,286‌

Series

-

2014

C24

(Class

A5)

2,000,000

WF-RBS

Commercial

Mortgage

Trust

3

.337

06/15/46

1,969,164‌

Series

-

2013

C14

(Class

A5)

108,091

g,i

WinWater

Mortgage

Loan

Trust

3

.908

06/20/44

101,332‌

Series

-

2014

1

(Class

B4)

2,792,059

g,i

Woodward

Capital

Management

3

.000

05/25/52

2,419,236‌

Series

-

2022

3

(Class

A21)

TOTAL

OTHER

MORTGAGE

BACKED

489,187,393‌

TOTAL

STRUCTURED

ASSETS

871,602,965‌

(Cost

$965,888,327)

TOTAL

BONDS

4,472,456,027‌

(Cost

$4,962,391,001)

SHARES

COMPANY

REFERENCERATE

&

SPREAD

COMMON

STOCKS

-

0.0%

ENERGY

-

0

.0

%

1,538

*,†

Cloud

Peak

Energy,

Inc

15‌

TOTAL

ENERGY

15‌

MATERIALS

-

0

.0

%

415,953

*

Petra

Diamonds

Ltd

455,870‌

TOTAL

MATERIALS

455,870‌

RETAILING

-

0

.0

%

7,034

*

Men's

Wearhouse

LLC

15,169‌

TOTAL

RETAILING

15,169‌

TOTAL

COMMON

STOCKS

471,054‌

(Cost

$889,413)

PREFERRED

STOCKS

-

0.2%

BANKS

-

0

.1

%

200,000

i

Wintrust

Financial

Corp

5,166,000‌

TOTAL

BANKS

5,166,000‌

DIVERSIFIED

FINANCIALS

-

0

.1

%

34,686

e

Morgan

Stanley

878,943‌

108,701

e

Morgan

Stanley

2,800,138‌

TOTAL

DIVERSIFIED

FINANCIALS

3,679,081‌

TOTAL

PREFERRED

STOCKS

8,845,081‌

(Cost

$8,826,338)

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

263

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SHORT-TERM

INVESTMENTS

-

9.8%

GOVERNMENT

AGENCY

DEBT

-

5

.2

%

$

5,000,000

Federal

Farm

Credit

Bank

(FFCB)

0

.000

%

07/12/22

$

4,997,876‌

11,000,000

FFCB

0

.000

07/25/22

10,989,809‌

19,230,000

FFCB

0

.000

09/01/22

19,167,118‌

20,000,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

07/11/22

19,992,278‌

10,000,000

FHLB

0

.000

07/18/22

9,993,437‌

10,300,000

FHLB

0

.000

07/19/22

10,292,843‌

20,600,000

FHLB

0

.000

08/03/22

20,567,822‌

9,070,000

FHLB

0

.000

08/09/22

9,053,259‌

117,315,000

FHLB

0

.000

08/19/22

117,043,004‌

5,000,000

FHLB

0

.000

12/21/22

4,936,624‌

10,000,000

FHLB

0

.000

12/28/22

9,868,154‌

10,000,000

FHLB

0

.000

02/27/23

9,821,965‌

TOTAL

GOVERNMENT

AGENCY

DEBT

246,724,189‌

REPURCHASE

AGREEMENT

-

2

.3

%

108,065,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

108,065,000‌

TOTAL

REPURCHASE

AGREEMENT

108,065,000‌

TREASURY

DEBT

-

0

.6

%

10,000,000

United

States

Cash

Management

Bill

0

.000

07/05/22

9,999,034‌

10,000,000

United

States

Treasury

Bill

0

.000

08/11/22

9,985,337‌

1,440,000

United

States

Treasury

Bill

0

.000

08/25/22

1,436,843‌

10,000,000

United

States

Treasury

Bill

0

.000

10/06/22

9,953,117‌

TOTAL

TREASURY

DEBT

31,374,331‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

1

.7

%

79,711,075

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

79,711,075‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

79,711,075‌

TOTAL

SHORT-TERM

INVESTMENTS

465,874,595‌

(Cost

$466,111,807)

TOTAL

INVESTMENTS

-

106.0%

5,023,959,599‌

(Cost

$5,521,002,480)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(6.0)%

(

285,716,641‌

)

NET

ASSETS

-

100.0%

$

4,738,242,958‌

CNY

Chinese

Yuan

DOP

Dominican

Republic

Peso

EUR

Euro

GHS

Ghanaian

Cedi

INR

Indian

Rupee

LIBOR

London

Interbank

Offered

Rate

M

Month

MXN

Mexican

Peso

MYR

Malaysian

Ringgit

REIT

Real

Estate

Investment

Trust

REMIC

Real

Estate

Mortgage

Investment

Conduit

RUB

Russian

Ruble

SOFR

Secure

Overnight

Financing

Rate

THB

Thai

Baht

UGX

Ugandan

Shilling

UZS

Uzbekistani

Som

ZAR

South

African

Rand

Portfolio

of

investments

(unaudited)

Core

Plus

Bond

Fund

June

30,

2022

264

TIAA-CREF

Funds

concluded

Principal

denominated

in

U.S.

Dollars,

unless

otherwise

noted. 

*

Non-income

producing

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$82,999,582.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$1,459,873,414

or

30.8%

of

net

assets.

h

All

or

a

portion

of

these

securities

were

purchased

on

a

delayed

delivery

basis.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

o

Payment

in

Kind

Bond

q

In

default

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$108,065,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

0.375%

and

maturity

dates

11/30/25–12/31/25,

valued

at

$110,226,310.

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

265

TIAA-CREF

Funds

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

LONG-TERM

MUNICIPAL

BONDS

-

97.6%

ALABAMA

-

2

.4

%

$

250,000

Black

Belt

Energy

Gas

District

4

.000

%

12/01/27

$

259,896‌

500,000

City

of

Birmingham

AL

5

.000

12/01/29

561,385‌

500,000

City

of

Birmingham

AL

5

.000

12/01/30

559,053‌

630,000

County

of

Mobile

AL

5

.000

02/01/34

703,272‌

2,900,000

Lower

Alabama

Gas

District

4

.000

12/01/50

2,942,825‌

1,000,000

University

of

South

Alabama

5

.000

11/01/31

1,086,625‌

TOTAL

ALABAMA

6,113,056‌

ALASKA

-

1

.3

%

500,000

Alaska

Municipal

Bond

Bank

Authority

5

.000

12/01/31

539,020‌

2,570,000

Borough

of

Matanuska-Susitna

AK

5

.000

09/01/25

2,763,926‌

TOTAL

ALASKA

3,302,946‌

ARIZONA

-

0

.9

%

2,000,000

Chandler

Industrial

Development

Authority

5

.000

06/01/49

2,093,027‌

190,000

Pinal

County

Electric

District

No

3

5

.000

07/01/33

205,834‌

TOTAL

ARIZONA

2,298,861‌

ARKANSAS

-

0

.4

%

1,000,000

City

of

Fort

Smith

AR

Water

&

Sewer

Revenue

5

.000

10/01/32

1,094,898‌

TOTAL

ARKANSAS

1,094,898‌

CALIFORNIA

-

4

.5

%

1,090,000

California

County

Tobacco

Securitization

Agency

4

.000

06/01/36

1,067,004‌

365,000

California

Educational

Facilities

Authority

5

.000

12/01/29

392,602‌

1,510,000

California

Health

Facilities

Financing

Authority

5

.000

09/01/33

1,588,198‌

185,000

California

Municipal

Finance

Authority

4

.000

07/15/29

174,357‌

65,000

g

California

School

Finance

Authority

5

.000

08/01/25

70,401‌

650,000

g

California

School

Finance

Authority

5

.000

08/01/25

688,885‌

225,000

g

California

Statewide

Communities

Development

Authority

5

.000

12/01/28

231,049‌

2,000,000

City

of

Los

Angeles

Department

of

Airports

5

.000

05/15/27

2,166,253‌

1,000,000

City

of

Los

Angeles

Department

of

Airports

5

.000

05/15/36

1,089,504‌

195,000

Long

Beach

Community

College

District

3

.000

08/01/37

172,843‌

450,000

Palmdale

Community

Redevelopment

Agency

5

.000

09/01/25

485,377‌

415,000

Palmdale

Community

Redevelopment

Agency

5

.000

09/01/31

451,172‌

750,000

San

Diego

Public

Facilities

Financing

Authority

5

.000

10/15/31

803,221‌

1,405,000

San

Francisco

City

&

County

Airport

Comm-San

Francisco

International

Airport

5

.000

05/01/31

1,557,661‌

500,000

Santee

CDC

Successor

Agency

5

.000

08/01/27

547,520‌

TOTAL

CALIFORNIA

11,486,047‌

COLORADO

-

1

.6

%

1,500,000

City

&

County

of

Denver

CO

Airport

System

Revenue

5

.000

11/15/30

1,620,331‌

590,000

City

&

County

of

Denver

CO

Airport

System

Revenue

5

.000

12/01/31

637,281‌

250,000

Colorado

Health

Facilities

Authority

5

.000

12/01/41

257,350‌

310,000

Denver

Health

&

Hospital

Authority

5

.000

12/01/28

337,096‌

1,000,000

Interlocken

Metropolitan

District

5

.000

12/01/27

1,113,534‌

TOTAL

COLORADO

3,965,592‌

CONNECTICUT

-

4

.3

%

1,180,000

Capital

Region

Development

Authority

5

.000

06/15/29

1,294,559‌

765,000

Capital

Region

Development

Authority

5

.000

06/15/33

827,689‌

1,900,000

City

of

Bridgeport

CT

5

.000

06/01/34

2,120,922‌

495,000

Connecticut

State

Health

&

Educational

Facilities

Authority

5

.000

07/01/27

541,592‌

630,000

Connecticut

State

Health

&

Educational

Facilities

Authority

5

.000

07/01/29

656,873‌

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

266

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

CONNECTICUT—continued

$

330,000

Connecticut

State

Health

&

Educational

Facilities

Authority

5

.000

%

07/01/30

$

341,980‌

350,000

Connecticut

State

Health

&

Educational

Facilities

Authority

5

.000

07/01/32

375,503‌

350,000

Connecticut

State

Health

&

Educational

Facilities

Authority

5

.000

07/01/33

373,762‌

300,000

Connecticut

State

Higher

Education

Supplement

Loan

Authority

5

.000

11/15/25

326,600‌

250,000

Connecticut

State

Higher

Education

Supplement

Loan

Authority

5

.000

11/15/26

277,363‌

500,000

State

of

Connecticut

Special

Tax

Revenue

5

.000

05/01/30

572,953‌

1,000,000

State

of

Connecticut

Special

Tax

Revenue

5

.000

05/01/34

1,117,579‌

2,000,000

University

of

Connecticut

5

.000

03/15/28

2,160,169‌

TOTAL

CONNECTICUT

10,987,544‌

DISTRICT

OF

COLUMBIA

-

3

.2

%

955,000

District

of

Columbia

5

.000

04/01/27

1,041,523‌

2,680,000

Metropolitan

Washington

Airports

Authority

Aviation

Revenue

5

.000

10/01/28

2,969,684‌

3,800,000

Metropolitan

Washington

Airports

Authority

Aviation

Revenue

5

.000

10/01/32

4,223,169‌

TOTAL

DISTRICT

OF

COLUMBIA

8,234,376‌

FLORIDA

-

6

.4

%

1,000,000

Alachua

County

Health

Facilities

Authority

5

.000

12/01/31

1,087,018‌

250,000

County

of

Broward

FL

Airport

System

Revenue

5

.000

10/01/27

273,396‌

250,000

County

of

Broward

FL

Airport

System

Revenue

5

.000

10/01/28

271,139‌

1,500,000

County

of

Miami-Dade

FL

Aviation

Revenue

4

.000

10/01/36

1,474,067‌

3,000,000

Escambia

County

Health

Facilities

Authority

5

.000

08/15/32

3,197,806‌

715,000

g

Florida

Development

Finance

Corp

6

.750

12/01/56

706,720‌

305,000

Greater

Orlando

Aviation

Authority

5

.000

10/01/26

329,629‌

795,000

Greater

Orlando

Aviation

Authority

5

.000

10/01/26

873,164‌

175,000

Hillsborough

County

Aviation

Authority

5

.000

10/01/31

188,786‌

185,000

Hillsborough

County

Aviation

Authority

5

.000

10/01/32

198,456‌

190,000

Hillsborough

County

Aviation

Authority

5

.000

10/01/33

202,840‌

400,000

Hillsborough

County

Port

District

5

.000

06/01/29

435,087‌

1,000,000

Hillsborough

County

Port

District

5

.000

06/01/33

1,071,093‌

210,000

Miami-Dade

County

Educational

Facilities

Authority

5

.000

04/01/28

229,503‌

1,375,000

Miami-Dade

County

Expressway

Authority

5

.000

07/01/31

1,461,780‌

255,000

Miami-Dade

County

Health

Facilities

Authority

4

.000

08/01/37

248,050‌

500,000

Pinellas

County

School

Board

4

.000

07/01/36

512,084‌

2,180,000

Port

St.

Lucie

Community

Redevelopment

Agency

5

.000

01/01/26

2,360,717‌

500,000

School

District

of

Broward

County

5

.000

07/01/31

542,062‌

540,000

Volusia

County

Educational

Facility

Authority

5

.000

10/15/32

578,277‌

TOTAL

FLORIDA

16,241,674‌

GEORGIA

-

4

.2

%

1,250,000

Brookhaven

Development

Authority

5

.000

07/01/27

1,397,782‌

1,110,000

Burke

County

Development

Authority

2

.250

10/01/32

1,103,194‌

1,000,000

Dahlonega

Downtown

Development

Authority

4

.000

07/01/37

984,866‌

1,250,000

Dahlonega

Downtown

Development

Authority

4

.000

07/01/38

1,225,297‌

1,000,000

Dahlonega

Downtown

Development

Authority

5

.000

07/01/39

1,063,484‌

250,000

Georgia

Municipal

Association,

Inc

5

.000

12/01/30

277,211‌

1,000,000

Glynn-Brunswick

Memorial

Hospital

Authority

5

.000

08/01/47

1,008,488‌

1,020,000

Main

Street

Natural

Gas,

Inc

4

.000

08/01/49

1,048,684‌

2,500,000

Municipal

Electric

Authority

of

Georgia

5

.000

01/01/62

2,599,774‌

TOTAL

GEORGIA

10,708,780‌

GUAM

-

0

.2

%

200,000

Port

Authority

of

Guam

5

.000

07/01/29

216,113‌

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

267

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

GUAM—continued

$

200,000

Port

Authority

of

Guam

5

.000

%

07/01/30

$

214,787‌

TOTAL

GUAM

430,900‌

HAWAII

-

1

.4

%

1,275,000

City

&

County

of

Honolulu

HI

5

.000

09/01/27

1,438,737‌

1,000,000

State

of

Hawaii

Airports

System

Revenue

5

.000

07/01/29

1,089,017‌

1,000,000

State

of

Hawaii

Airports

System

Revenue

5

.000

07/01/41

1,030,598‌

TOTAL

HAWAII

3,558,352‌

ILLINOIS

-

12

.2

%

1,500,000

Chicago

Board

of

Education

5

.000

12/01/26

1,565,585‌

1,335,000

Chicago

Board

of

Education

4

.000

12/01/27

1,324,720‌

500,000

Chicago

Housing

Authority

5

.000

01/01/33

539,561‌

2,000,000

Chicago

Midway

International

Airport

5

.000

01/01/26

2,122,444‌

300,000

Chicago

O'Hare

International

Airport

5

.000

01/01/28

322,565‌

1,000,000

Chicago

O'Hare

International

Airport

5

.000

01/01/32

1,031,057‌

300,000

Chicago

Transit

Authority

5

.000

06/01/28

329,554‌

3,250,000

City

of

Chicago

IL

5

.000

01/01/28

3,452,506‌

1,000,000

City

of

Chicago

IL

4

.000

01/01/35

954,883‌

1,000,000

City

of

Chicago

IL

Wastewater

Transmission

Revenue

5

.000

01/01/26

1,077,343‌

1,250,000

City

of

Chicago

IL,

GO

5

.000

01/01/29

1,325,681‌

1,500,000

City

of

Chicago

IL,

GO

5

.500

01/01/35

1,547,298‌

650,000

City

of

Chicago

IL,

GO

5

.500

01/01/37

669,771‌

500,000

City

of

Chicago

IL,

GO

5

.500

01/01/42

514,316‌

150,000

Cook

County

School

District

No

78

Rosemont

5

.000

12/01/31

172,856‌

1,750,000

County

of

Cook

IL

5

.000

11/15/31

1,881,806‌

1,160,000

County

of

Cook

IL

Sales

Tax

Revenue

5

.000

11/15/36

1,258,356‌

700,000

Illinois

State

Toll

Highway

Authority

4

.000

01/01/42

682,673‌

630,000

Illinois

State

Toll

Highway

Authority

4

.000

01/01/46

606,827‌

305,000

Metropolitan

Pier

&

Exposition

Authority

4

.000

06/15/52

262,546‌

2,000,000

Metropolitan

Water

Reclamation

District

of

Greater

Chicago

5

.000

12/01/30

2,208,987‌

1,500,000

Sales

Tax

Securitization

Corp

5

.000

01/01/30

1,627,727‌

115,000

Sales

Tax

Securitization

Corp

2

.857

01/01/31

102,891‌

2,000,000

State

of

Illinois

5

.000

06/01/28

2,121,836‌

1,500,000

State

of

Illinois

5

.000

03/01/37

1,575,136‌

250,000

Village

of

Broadview

IL

5

.000

12/01/28

280,927‌

200,000

Village

of

Broadview

IL

5

.000

12/01/29

223,690‌

545,000

Village

of

Broadview

IL

5

.000

12/01/30

610,121‌

745,000

Village

of

Broadview

IL

5

.000

12/01/33

827,510‌

TOTAL

ILLINOIS

31,221,173‌

INDIANA

-

0

.6

%

1,365,000

City

of

Whiting

IN

5

.000

12/01/44

1,468,803‌

TOTAL

INDIANA

1,468,803‌

IOWA

-

0

.2

%

475,000

Iowa

Higher

Education

Loan

Authority

5

.000

10/01/27

531,653‌

TOTAL

IOWA

531,653‌

KENTUCKY

-

1

.1

%

1,250,000

Paducah

Electric

Plant

Board

5

.000

10/01/34

1,375,542‌

1,250,000

Paducah

Electric

Plant

Board

5

.000

10/01/35

1,374,484‌

TOTAL

KENTUCKY

2,750,026‌

LOUISIANA

-

1

.2

%

480,000

City

of

New

Orleans

LA

Sewerage

Service

Revenue

4

.000

06/01/36

497,066‌

750,000

Louisiana

Local

Government

Environmental

Facilities

&

Community

Development

Authority

5

.000

10/01/27

817,532‌

500,000

New

Orleans

Aviation

Board

5

.000

10/01/33

547,457‌

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

268

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

LOUISIANA—continued

$

1,250,000

St.

Tammany

Parish

Hospital

Service

District

No

5

.000

%

07/01/33

$

1,327,277‌

TOTAL

LOUISIANA

3,189,332‌

MAINE

-

0

.0

%

750,000

†,g,q

Finance

Authority

of

Maine

5

.375

12/15/33

10,425‌

TOTAL

MAINE

10,425‌

MARYLAND

-

0

.8

%

2,000,000

County

of

Baltimore

MD

4

.000

01/01/29

2,103,453‌

TOTAL

MARYLAND

2,103,453‌

MASSACHUSETTS

-

1

.2

%

500,000

Massachusetts

Development

Finance

Agency

5

.000

12/01/29

532,795‌

2,100,000

University

of

Massachusetts

Building

Authority

5

.000

11/01/29

2,426,912‌

TOTAL

MASSACHUSETTS

2,959,707‌

MICHIGAN

-

3

.8

%

500,000

Charlotte

Public

School

District

4

.000

05/01/36

516,925‌

2,000,000

Michigan

Finance

Authority

5

.000

04/01/25

2,138,321‌

2,000,000

Michigan

Finance

Authority

5

.000

11/15/28

2,148,544‌

1,000,000

Michigan

Finance

Authority

5

.000

12/01/36

1,101,003‌

1,750,000

State

of

Michigan

Trunk

Line

Revenue

5

.000

11/15/30

2,036,323‌

1,250,000

Wayne

County

Airport

Authority

5

.000

12/01/29

1,364,655‌

385,000

Wayne

County

Airport

Authority

5

.000

12/01/29

427,566‌

TOTAL

MICHIGAN

9,733,337‌

MINNESOTA

-

0

.7

%

1,055,000

City

of

Minneapolis

MN

5

.000

11/15/33

1,122,991‌

70,000

Duluth

Economic

Development

Authority

5

.000

02/15/33

73,865‌

500,000

Northern

Municipal

Power

Agency

5

.000

01/01/28

544,244‌

TOTAL

MINNESOTA

1,741,100‌

MISSISSIPPI

-

1

.3

%

1,045,000

Mississippi

Development

Bank

5

.000

03/01/26

1,139,439‌

1,000,000

Mississippi

Development

Bank

5

.000

06/01/27

1,109,352‌

1,000,000

Mississippi

Development

Bank

5

.000

03/01/35

1,057,397‌

TOTAL

MISSISSIPPI

3,306,188‌

MISSOURI

-

2

.9

%

1,225,000

City

of

Kansas

City

MO

5

.000

10/01/26

1,319,413‌

2,500,000

City

of

Kansas

City

MO

Sanitary

Sewer

System

Revenue

3

.000

01/01/37

2,175,090‌

1,000,000

City

of

St.

Louis

MO

Parking

Revenue

5

.000

12/15/26

1,087,902‌

900,000

Health

&

Educational

Facilities

Authority

of

the

State

of

Missouri

5

.000

02/15/28

986,142‌

1,745,000

St.

Louis

Municipal

Finance

Corp

5

.000

02/15/26

1,897,986‌

TOTAL

MISSOURI

7,466,533‌

NEVADA

-

0

.4

%

1,000,000

Las

Vegas

Redevelopment

Agency

5

.000

06/15/26

1,066,042‌

TOTAL

NEVADA

1,066,042‌

NEW

HAMPSHIRE

-

0

.1

%

130,000

New

Hampshire

Business

Finance

Authority

5

.000

04/01/31

143,146‌

TOTAL

NEW

HAMPSHIRE

143,146‌

NEW

JERSEY

-

5

.9

%

350,000

Gloucester

County

Improvement

Authority

5

.000

07/01/34

388,932‌

1,000,000

New

Jersey

Economic

Development

Authority

5

.000

06/15/27

1,079,149‌

2,500,000

New

Jersey

Economic

Development

Authority

5

.000

11/01/35

2,649,521‌

1,000,000

New

Jersey

Educational

Facilities

Authority

5

.000

07/01/27

1,078,690‌

1,000,000

New

Jersey

Transportation

Trust

Fund

Authority

5

.000

06/15/29

1,070,262‌

765,000

New

Jersey

Transportation

Trust

Fund

Authority

5

.000

12/15/33

811,796‌

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

269

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

NEW

JERSEY—continued

$

1,120,000

New

Jersey

Transportation

Trust

Fund

Authority

4

.000

%

06/15/34

$

1,121,092‌

4,000,000

New

Jersey

Transportation

Trust

Fund

Authority

5

.000

06/15/34

4,229,029‌

1,000,000

New

Jersey

Transportation

Trust

Fund

Authority

4

.000

06/15/36

995,309‌

1,025,000

New

Jersey

Transportation

Trust

Fund

Authority

4

.000

06/15/39

1,002,372‌

500,000

South

Jersey

Port

Corp

5

.000

01/01/48

505,248‌

TOTAL

NEW

JERSEY

14,931,400‌

NEW

YORK

-

5

.9

%

1,000,000

Brooklyn

Arena

Local

Development

Corp

5

.000

07/15/26

1,033,841‌

10,000

Metropolitan

Transportation

Authority

4

.000

11/15/34

9,580‌

1,250,000

Metropolitan

Transportation

Authority

5

.000

11/15/50

1,287,456‌

160,000

New

York

City

Industrial

Development

Agency

3

.000

01/01/46

123,392‌

1,750,000

New

York

State

Dormitory

Authority

5

.000

07/01/33

1,834,594‌

1,000,000

New

York

State

Urban

Development

Corp

5

.000

03/15/35

1,112,059‌

375,000

New

York

Transportation

Development

Corp

5

.000

07/01/30

386,766‌

1,080,000

New

York

Transportation

Development

Corp

4

.000

10/01/30

1,048,146‌

1,000,000

New

York

Transportation

Development

Corp

5

.000

08/01/31

993,486‌

715,000

New

York

Transportation

Development

Corp

5

.000

01/01/36

722,136‌

505,000

New

York

Transportation

Development

Corp

5

.000

12/01/36

530,889‌

635,000

New

York

Transportation

Development

Corp

5

.000

12/01/36

660,273‌

1,500,000

Port

Authority

of

New

York

&

New

Jersey

5

.000

07/15/31

1,664,301‌

1,000,000

Port

Authority

of

New

York

&

New

Jersey

4

.000

11/01/34

993,380‌

1,000,000

Port

Authority

of

New

York

&

New

Jersey

5

.000

11/01/35

1,086,892‌

1,625,000

Port

Authority

of

New

York

&

New

Jersey

4

.000

07/15/36

1,589,999‌

TOTAL

NEW

YORK

15,077,190‌

NORTH

CAROLINA

-

1

.6

%

1,355,000

County

of

Duplin

NC

5

.000

04/01/27

1,465,222‌

1,000,000

North

Carolina

Capital

Facilities

Finance

Agency

5

.000

05/01/31

1,121,530‌

210,000

North

Carolina

Medical

Care

Commission

4

.000

02/01/36

208,408‌

255,000

North

Carolina

Medical

Care

Commission

3

.000

07/01/36

229,624‌

1,000,000

The

Charlotte-Mecklenburg

Hospital

Authority

5

.000

01/15/26

1,089,627‌

TOTAL

NORTH

CAROLINA

4,114,411‌

NORTH

DAKOTA

-

0

.4

%

1,000,000

North

Dakota

Housing

Finance

Agency

2

.400

01/01/26

990,609‌

TOTAL

NORTH

DAKOTA

990,609‌

OHIO

-

2

.8

%

1,000,000

American

Municipal

Power,

Inc

5

.000

02/15/34

1,101,086‌

1,000,000

City

of

Cleveland

OH

Airport

System

Revenue

5

.000

01/01/27

1,081,772‌

200,000

City

of

Cleveland

OH

Income

Tax

Revenue

5

.000

10/01/27

223,854‌

250,000

City

of

Cleveland

OH

Income

Tax

Revenue

5

.000

10/01/28

280,208‌

240,000

City

of

Toledo

OH

4

.000

12/01/29

256,280‌

250,000

City

of

Toledo

OH

4

.000

12/01/30

268,010‌

200,000

City

of

Toledo

OH

4

.000

12/01/31

213,038‌

1,500,000

County

of

Miami

OH

5

.000

08/01/32

1,601,424‌

725,000

County

of

Montgomery

OH

5

.000

08/01/36

781,184‌

300,000

Lebanon

City

School

District

3

.000

12/01/36

270,815‌

700,000

Miami

University

5

.000

09/01/28

787,585‌

175,000

State

of

Ohio

5

.000

01/15/35

189,413‌

TOTAL

OHIO

7,054,669‌

OKLAHOMA

-

0

.8

%

750,000

Oklahoma

Development

Finance

Authority

5

.000

08/15/28

742,175‌

1,500,000

Oklahoma

Development

Finance

Authority

5

.250

08/15/48

1,350,265‌

TOTAL

OKLAHOMA

2,092,440‌

OREGON

-

0

.6

%

3,000,000

†,g,q

Oregon

State

Business

Development

Commission

6

.500

04/01/31

219,000‌

1,000,000

†,q

Oregon

State

Business

Development

Commission

11

.500

04/01/31

60,000‌

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

270

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

OREGON—continued

$

625,000

†,g

Oregon

State

Business

Development

Commission

9

.000

%

04/01/37

$

45,625‌

1,000,000

Tri-County

Metropolitan

Transportation

District

of

Oregon

5

.000

10/01/28

1,116,886‌

TOTAL

OREGON

1,441,511‌

PENNSYLVANIA

-

3

.1

%

1,100,000

Allegheny

County

Higher

Education

Building

Authority

5

.000

03/01/29

1,165,488‌

740,000

Coatesville

School

District

5

.000

08/01/25

798,738‌

500,000

Lancaster

County

Career

&

Technology

Center

Authority

4

.000

02/01/25

520,812‌

500,000

Lancaster

County

Career

&

Technology

Center

Authority

4

.000

02/01/26

526,296‌

670,000

Lancaster

County

Career

&

Technology

Center

Authority

4

.000

02/01/30

704,689‌

500,000

Pennsylvania

Economic

Development

Financing

Authority

5

.000

10/15/34

554,476‌

415,000

Pittsburgh

Water

&

Sewer

Authority

5

.000

09/01/27

462,952‌

1,500,000

School

District

of

the

City

of

Erie

5

.000

04/01/28

1,671,748‌

500,000

South

Wayne

County

Water

and

Sewer

Authority

4

.000

02/15/37

506,329‌

915,000

Township

of

Northampton

PA

4

.000

05/15/33

935,020‌

TOTAL

PENNSYLVANIA

7,846,548‌

RHODE

ISLAND

-

0

.4

%

825,000

Rhode

Island

Commerce

Corp

5

.000

06/15/27

912,127‌

TOTAL

RHODE

ISLAND

912,127‌

SOUTH

CAROLINA

-

2

.0

%

2,000,000

Center

for

Arts

&

Health

Sciences

Public

Facilities

Corp

4

.000

10/01/37

2,056,533‌

265,000

City

of

Rock

Hill

SC

Combined

Utility

System

Revenue

5

.000

01/01/27

290,869‌

170,000

City

of

Rock

Hill

SC

Combined

Utility

System

Revenue

5

.000

01/01/28

189,013‌

265,000

City

of

Rock

Hill

SC

Combined

Utility

System

Revenue

5

.000

01/01/29

297,644‌

500,000

South

Carolina

Public

Service

Authority

4

.000

12/01/37

487,259‌

890,000

South

Carolina

Public

Service

Authority

4

.000

12/01/40

846,750‌

1,000,000

Spartanburg

Regional

Health

Services

District

4

.000

04/15/37

992,623‌

TOTAL

SOUTH

CAROLINA

5,160,691‌

TENNESSEE

-

1

.3

%

180,000

Metropolitan

Government

Nashville

&

Davidson

County

Health

&

Educational

Facs

Bd

4

.000

05/01/37

175,729‌

2,305,000

Metropolitan

Nashville

Airport

Authority

5

.000

07/01/35

2,477,841‌

755,000

Tennessee

Energy

Acquisition

Corp

4

.000

11/01/49

766,657‌

TOTAL

TENNESSEE

3,420,227‌

TEXAS

-

9

.5

%

350,000

Atascosa

County

Industrial

Development

Corp

5

.000

12/15/28

382,378‌

350,000

Atascosa

County

Industrial

Development

Corp

5

.000

12/15/29

384,434‌

400,000

Atascosa

County

Industrial

Development

Corp

5

.000

12/15/30

441,145‌

1,100,000

Central

Texas

Regional

Mobility

Authority

5

.000

01/01/27

1,195,244‌

1,210,000

Central

Texas

Regional

Mobility

Authority

5

.000

01/01/29

1,311,651‌

750,000

Central

Texas

Regional

Mobility

Authority

4

.000

01/01/36

737,633‌

400,000

City

of

Austin

TX

Airport

System

Revenue

5

.000

11/15/27

435,700‌

900,000

City

of

Austin

TX

Airport

System

Revenue

5

.000

11/15/39

930,334‌

1,000,000

City

of

El

Paso

TX

4

.000

08/15/35

1,016,597‌

2,000,000

City

of

El

Paso

TX

Airport

Revenue

5

.000

08/15/28

2,190,140‌

1,970,000

City

of

Houston

TX

5

.000

03/01/32

2,148,743‌

3,000,000

City

of

Houston

TX

Combined

Utility

System

Revenue

5

.000

11/15/29

3,459,807‌

1,000,000

Conroe

Independent

School

District

2

.500

02/15/37

851,609‌

500,000

County

of

Galveston

TX

4

.000

02/01/38

504,765‌

150,000

Harris

County

Toll

Road

Authority

4

.000

08/15/36

153,045‌

1,000,000

North

Texas

Tollway

Authority

5

.000

01/01/30

1,101,503‌

420,000

Port

Freeport

TX

5

.000

06/01/28

459,718‌

825,000

Port

Freeport

TX

5

.000

06/01/29

901,064‌

865,000

Port

Freeport

TX

5

.000

06/01/30

941,432‌

935,000

Port

Freeport

TX

5

.000

06/01/32

1,016,746‌

2,500,000

Texas

Private

Activity

Bond

Surface

Transportation

Corp

5

.000

12/31/35

2,593,043‌

Portfolio

of

investments

(unaudited)

5-15

Year

Laddered

Tax-Exempt

Bond

Fund

June

30,

2022

271

TIAA-CREF

Funds

concluded

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

VALUE

TEXAS—continued

$

1,000,000

University

of

North

Texas

5

.000

%

04/15/27

$

1,109,498‌

TOTAL

TEXAS

24,266,229‌

UTAH

-

1

.0

%

475,000

Salt

Lake

City

Corp

Airport

Revenue

5

.000

07/01/31

511,722‌

1,000,000

Salt

Lake

City

Corp

Airport

Revenue

5

.000

07/01/32

1,071,498‌

1,000,000

Salt

Lake

City

Corp

Airport

Revenue

5

.000

07/01/33

1,065,677‌

TOTAL

UTAH

2,648,897‌

VIRGIN

ISLANDS

-

1

.9

%

2,000,000

g

Virgin

Islands

Public

Finance

Authority

5

.000

09/01/25

2,117,810‌

2,500,000

g

Virgin

Islands

Public

Finance

Authority

5

.000

09/01/33

2,636,226‌

TOTAL

VIRGIN

ISLANDS

4,754,036‌

VIRGINIA

-

0

.2

%

400,000

Virginia

Small

Business

Financing

Authority

5

.000

12/31/47

414,927‌

TOTAL

VIRGINIA

414,927‌

WASHINGTON

-

1

.6

%

500,000

Klickitat

County

Public

Utility

District

No

5

.000

12/01/27

562,116‌

1,000,000

Pend

Oreille

County

Public

Utility

District

No  Box

Canyon

5

.000

01/01/29

1,068,475‌

1,000,000

Pierce

County

School

District

No

403

Bethel

4

.000

12/01/37

1,044,939‌

1,500,000

Washington

Health

Care

Facilities

Authority

4

.000

10/01/42

1,540,964‌

TOTAL

WASHINGTON

4,216,494‌

WEST

VIRGINIA

-

1

.3

%

1,000,000

West

Virginia

Higher

Education

Policy

Commission

5

.000

07/01/27

1,115,739‌

750,000

West

Virginia

Hospital

Finance

Authority

5

.000

01/01/29

813,737‌

1,215,000

West

Virginia

Hospital

Finance

Authority

5

.000

01/01/30

1,308,167‌

TOTAL

WEST

VIRGINIA

3,237,643‌

TOTAL

LONG-TERM

MUNICIPAL

BONDS

248,693,993‌

(Cost

$267,464,845)

TOTAL

INVESTMENTS

-

97.6%

248,693,993‌

(Cost

$267,464,845)

OTHER

ASSETS

&

LIABILITIES,

NET

-

2.4%

6,110,692‌

NET

ASSETS

-

100.0%

$

254,804,685‌

GO

General

Obligation

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$6,726,141

or

2.6%

of

net

assets.

q

In

default

Green

Bond

Fund

June

30,

2022

Portfolio

of

investments

(unaudited)

272

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

1.9%

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.5

%

$

495,000

i

LTR

Intermediate

Holdings,

Inc

LIBOR  3M

+

4.500%

5

.506

%

05/05/28

$

452,099‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

452,099‌

UTILITIES

-

1

.4

%

461,237

i

Exgen

Renewables

IV

LLC

LIBOR  3M

+

2.500%

4

.080

12/15/27

443,710‌

1,000,000

i

TerraForm

Power

Operating

LLC

SOFR

3M

+

2.750%

4

.161

05/20/29

973,750‌

TOTAL

UTILITIES

1,417,460‌

TOTAL

BANK

LOAN

OBLIGATIONS

1,869,559‌

(Cost

$1,934,599)

BONDS

-

91.7%

CORPORATE

BONDS

-

49.0%

AUTOMOBILES

&

COMPONENTS

-

0

.5

%

250,000

Ford

Motor

Co

3

.250

02/12/32

186,975‌

350,000

g

Hyundai

Capital

Services,

Inc

1

.250

02/08/26

314,780‌

TOTAL

AUTOMOBILES

&

COMPONENTS

501,755‌

BANKS

-

4

.7

%

1,200,000

g

ABN

AMRO

Bank

NV

2

.470

12/13/29

1,022,779‌

250,000

g

Bank

Hapoalim

BM

3

.255

01/21/32

213,750‌

250,000

Bank

of

America

Corp

0

.981

09/25/25

231,298‌

475,000

Bank

of

America

Corp

2

.456

10/22/25

452,440‌

1,000,000

Canadian

Imperial

Bank

of

Commerce

0

.950

10/23/25

902,002‌

250,000

Citigroup,

Inc

0

.776

10/30/24

238,324‌

1,000,000

g

ING

Groep

NV

1

.400

07/01/26

908,376‌

250,000

g

Itau

Unibanco

Holding

S.A.

3

.875

04/15/31

219,934‌

250,000

NatWest

Group

plc

2

.359

05/22/24

245,517‌

200,000

g

Shinhan

Financial

Group

Co

Ltd

3

.340

02/05/30

193,014‌

TOTAL

BANKS

4,627,434‌

CAPITAL

GOODS

-

2

.8

%

500,000

g

FMG

Resources

August

2006

Pty

Ltd

6

.125

04/15/32

450,000‌

250,000

Johnson

Controls

International

plc

1

.750

09/15/30

203,263‌

625,000

g

Korea

East-West

Power

Co

Ltd

3

.600

05/06/25

618,417‌

1,000,000

Xylem,

Inc

1

.950

01/30/28

883,197‌

755,000

Xylem,

Inc

2

.250

01/30/31

629,051‌

TOTAL

CAPITAL

GOODS

2,783,928‌

CONSUMER

DURABLES

&

APPAREL

-

0

.2

%

250,000

Whirlpool

Corp

2

.400

05/15/31

207,223‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

207,223‌

CONSUMER

SERVICES

-

1

.9

%

250,000

Conservation

Fund

3

.474

12/15/29

230,824‌

260,000

i

Nature

Conservancy

LIBOR

3

M

+

1.080%

2

.366

02/01/24

258,885‌

500,000

Nature

Conservancy

1

.511

07/01/29

424,226‌

1,000,000

Nature

Conservancy

3

.957

03/01/52

916,296‌

TOTAL

CONSUMER

SERVICES

1,830,231‌

DIVERSIFIED

FINANCIALS

-

1

.6

%

280,000

g

Starwood

Property

Trust,

Inc

3

.750

12/31/24

254,800‌

1,000,000

Toyota

Motor

Credit

Corp

2

.150

02/13/30

865,711‌

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

273

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

500,000

g

WLB

Asset

II

C

Pte

Ltd

3

.900

%

12/23/25

$

478,429‌

TOTAL

DIVERSIFIED

FINANCIALS

1,598,940‌

ENERGY

-

0

.2

%

270,000

e,g

Sunnova

Energy

Corp

5

.875

09/01/26

234,902‌

TOTAL

ENERGY

234,902‌

FOOD

&

STAPLES

RETAILING

-

1

.6

%

250,000

SYSCO

Corp

2

.400

02/15/30

213,201‌

1,575,000

Walmart,

Inc

1

.800

09/22/31

1,337,183‌

TOTAL

FOOD

&

STAPLES

RETAILING

1,550,384‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.0

%

250,000

g

NBM

US

Holdings,

Inc

6

.625

08/06/29

240,000‌

1,000,000

PepsiCo,

Inc

2

.875

10/15/49

793,967‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

1,033,967‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1

.0

%

1,000,000

Kaiser

Foundation

Hospitals

2

.810

06/01/41

775,378‌

250,000

Stanford

Health

Care

3

.027

08/15/51

190,309‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

965,687‌

INSURANCE

-

0

.6

%

600,000

g

Muenchener

Rueckversicherungs-Gesellschaft

AG.

in

Muenchen

5

.875

05/23/42

603,000‌

TOTAL

INSURANCE

603,000‌

MATERIALS

-

3

.0

%

250,000

g

Celulosa

Arauco

y

Constitucion

S.A.

5

.150

01/29/50

204,375‌

525,000

g

Inversiones

CMPC

S.A.

4

.375

04/04/27

500,062‌

500,000

g

LG

Chem

Ltd

3

.625

04/15/29

475,595‌

1,000,000

Sonoco

Products

Co

2

.250

02/01/27

899,405‌

1,000,000

Sonoco

Products

Co

2

.850

02/01/32

834,887‌

TOTAL

MATERIALS

2,914,324‌

REAL

ESTATE

-

4

.6

%

500,000

Alexandria

Real

Estate

Equities,

Inc

2

.950

03/15/34

416,056‌

1,300,000

Federal

Realty

Investment

Trust

1

.250

02/15/26

1,163,058‌

250,000

g

HAT

Holdings

I

LLC

6

.000

04/15/25

239,375‌

250,000

g

HAT

Holdings

I

LLC

3

.375

06/15/26

215,000‌

250,000

g

HAT

Holdings

I

LLC

3

.750

09/15/30

199,375‌

300,000

Healthpeak

Properties,

Inc

2

.125

12/01/28

259,086‌

1,000,000

Host

Hotels

&

Resorts

LP

2

.900

12/15/31

793,967‌

1,000,000

Kilroy

Realty

LP

2

.650

11/15/33

774,103‌

285,000

g

Starwood

Property

Trust,

Inc

4

.375

01/15/27

247,397‌

250,000

UDR,

Inc

1

.900

03/15/33

188,903‌

TOTAL

REAL

ESTATE

4,496,320‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

1

.2

%

250,000

NXP

BV

3

.400

05/01/30

220,532‌

1,275,000

g

SK

Hynix,

Inc

2

.375

01/19/31

1,004,179‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

1,224,711‌

SOFTWARE

&

SERVICES

-

0

.3

%

300,000

Mastercard,

Inc

1

.900

03/15/31

256,156‌

TOTAL

SOFTWARE

&

SERVICES

256,156‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

2

.0

%

1,000,000

Apple,

Inc

2

.850

02/23/23

1,000,372‌

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

274

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TECHNOLOGY

HARDWARE

&

EQUIPMENT—continued

$

948,000

Apple,

Inc

3

.000

%

06/20/27

$

926,849‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,927,221‌

UTILITIES

-

21

.8

%

1,000,000

AES

Corp

2

.450

01/15/31

804,268‌

250,000

g

AES

Gener

S.A.

6

.350

10/07/79

220,936‌

527,000

Ameren

Illinois

Co

2

.900

06/15/51

386,116‌

270,000

g

Atlantica

Sustainable

Infrastructure

plc

4

.125

06/15/28

235,111‌

300,000

g

Clearway

Energy

Operating

LLC

4

.750

03/15/28

269,905‌

225,000

g

Clearway

Energy

Operating

LLC

3

.750

02/15/31

181,399‌

215,000

g

Consorcio

Transmantaro

SA

4

.700

04/16/34

192,666‌

246,563

g

Continuum

Energy

Levanter

Pte

Ltd

4

.500

02/09/27

194,528‌

1,000,000

Dominion

Energy,

Inc

2

.250

08/15/31

822,144‌

1,000,000

DTE

Electric

Co

1

.900

04/01/28

891,224‌

1,000,000

Duke

Energy

Florida

LLC

2

.500

12/01/29

888,560‌

1,000,000

Duke

Energy

Progress

LLC

3

.450

03/15/29

951,081‌

250,000

g

EDP

Finance

BV

1

.710

01/24/28

214,235‌

250,000

g

Electricite

de

France

S.A.

3

.625

10/13/25

245,508‌

250,000

Evergy,

Inc

2

.550

07/01/26

236,895‌

747,000

Georgia

Power

Co

3

.250

04/01/26

725,289‌

292,050

g

India

Cleantech

Energy

4

.700

08/10/26

235,845‌

1,650,000

Interstate

Power

&

Light

Co

3

.600

04/01/29

1,571,252‌

750,000

g

Liberty

Utilities

Finance

GP

2

.050

09/15/30

614,967‌

250,000

MidAmerican

Energy

Co

3

.100

05/01/27

241,314‌

500,000

MidAmerican

Energy

Co

2

.700

08/01/52

358,854‌

1,075,000

g

New

York

State

Electric

&

Gas

Corp

2

.150

10/01/31

886,328‌

1,000,000

g

Niagara

Mohawk

Power

Corp

1

.960

06/27/30

827,347‌

500,000

Northwest

Natural

Gas

Co

3

.078

12/01/51

377,554‌

250,000

NorthWestern

Corp

4

.176

11/15/44

217,339‌

100,000

g

Pattern

Energy

Operations

LP

4

.500

08/15/28

87,000‌

529,000

Public

Service

Co

of

Colorado

3

.700

06/15/28

520,564‌

250,000

Public

Service

Co

of

Colorado

3

.200

03/01/50

196,254‌

1,000,000

e

Public

Service

Electric

and

Gas

Co

3

.100

03/15/32

918,610‌

750,000

San

Diego

Gas

&

Electric

Co

2

.950

08/15/51

553,018‌

1,000,000

SCE

Recovery

Funding

LLC

2

.943

11/15/42

887,719‌

960,000

SCE

Recovery

Funding

LLC

3

.240

11/15/46

800,119‌

250,000

g

Sociedad

de

Transmision

Austral

S.A.

4

.000

01/27/32

194,190‌

500,000

Southwestern

Electric

Power

Co

3

.250

11/01/51

369,973‌

500,000

Southwestern

Public

Service

Co

3

.150

05/01/50

381,702‌

205,675

g

Star

Energy

Geothermal

Wayang

Windu

Ltd

6

.750

04/24/33

193,437‌

500,000

g

Sweihan

PV

Power

Co

PJSC

3

.625

01/31/49

413,534‌

337,155

g

Topaz

Solar

Farms

LLC

4

.875

09/30/39

290,796‌

525,000

Tucson

Electric

Power

Co

1

.500

08/01/30

418,757‌

189,725

g

UEP

Penonome

II

S.A.

6

.500

10/01/38

176,681‌

500,000

Union

Electric

Co

2

.625

03/15/51

346,676‌

1,075,000

Union

Electric

Co

3

.900

04/01/52

945,579‌

1,050,000

g

Vistra

Corp

7

.000

N/A‡

952,875‌

TOTAL

UTILITIES

21,438,149‌

TOTAL

CORPORATE

BONDS

48,194,332‌

(Cost

$54,164,449)

GOVERNMENT

BONDS

-

20.9%

AGENCY

SECURITIES

-

3

.7

%

1,000,000

Kreditanstalt

fuer

Wiederaufbau

2

.000

09/29/22

999,732‌

209,933

Overseas

Private

Investment

Corp

(OPIC)

1

.790

10/15/29

197,447‌

209,933

OPIC

2

.360

10/15/29

201,898‌

1,595,153

OPIC

3

.430

06/01/33

1,584,549‌

250,000

United

States

International

Development

Finance

Corp

1

.650

04/15/28

228,985‌

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

275

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

AGENCY

SECURITIES—continued

$

209,933

United

States

International

Development

Finance

Corp

1

.050

%

10/15/29

$

191,727‌

242,722

United

States

International

Development

Finance

Corp

1

.630

07/15/38

206,512‌

TOTAL

AGENCY

SECURITIES

3,610,850‌

FOREIGN

GOVERNMENT

BONDS

-

10

.5

%

300,000

g

Arab

Petroleum

Investments

Corp

1

.483

10/06/26

271,198‌

579,000

Asian

Development

Bank

1

.750

08/14/26

546,766‌

750,000

Asian

Development

Bank

3

.125

09/26/28

744,290‌

250,000

g

CDP

Financial,

Inc

1

.000

05/26/26

228,872‌

250,000

Chile

Government

International

Bond

3

.500

01/25/50

190,967‌

200,000

g

Egypt

Government

International

Bond

5

.250

10/06/25

163,612‌

250,000

European

Bank

for

Reconstruction

&

Development

1

.625

09/27/24

242,322‌

250,000

European

Investment

Bank

0

.625

10/21/27

219,210‌

250,000

European

Investment

Bank

1

.625

10/09/29

226,004‌

2,000,000

European

Investment

Bank

0

.750

09/23/30

1,658,860‌

1,000,000

Inter-American

Investment

Corp

2

.625

04/22/25

983,477‌

500,000

International

Bank

for

Reconstruction

&

Development

2

.125

03/03/25

486,658‌

500,000

International

Bank

for

Reconstruction

&

Development

3

.125

11/20/25

500,052‌

1,000,000

International

Bank

for

Reconstruction

&

Development

0

.000

03/31/27

914,910‌

235,000

g

Korea

Electric

Power

Corp

1

.125

06/15/25

217,565‌

500,000

Kreditanstalt

fuer

Wiederaufbau

1

.000

10/01/26

457,982‌

1,000,000

Kreditanstalt

fuer

Wiederaufbau

0

.750

09/30/30

826,777‌

250,000

North

American

Development

Bank

2

.400

10/26/22

249,494‌

1,000,000

g

OMERS

Finance

Trust

4

.000

04/19/52

934,366‌

300,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

3

.750

03/01/23

300,682‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

10,364,064‌

MORTGAGE

BACKED

-

0

.4

%

250,000

i

Federal

National

Mortgage

Association

(FNMA)

1

.561

11/25/30

210,930‌

250,000

i

FNMA

1

.292

01/25/31

206,500‌

TOTAL

MORTGAGE

BACKED

417,430‌

MUNICIPAL

BONDS

-

6

.3

%

180,000

g

California

Municipal

Finance

Authority

6

.375

11/15/48

163,887‌

300,000

City

of

Cleveland

OH

Income

Tax

Revenue

3

.072

10/01/41

241,319‌

600,000

City

of

Los

Angeles

Department

of

Airports

Customer

Facility

Charge

Revenue

4

.242

05/15/48

549,502‌

250,000

City

of

San

Francisco

CA

Public

Utilities

Commission

Water

Revenue

2

.825

11/01/41

198,738‌

500,000

District

of

Columbia

3

.850

02/28/25

493,757‌

400,000

g

Florida

Development

Finance

Corp

6

.750

12/01/56

395,368‌

600,000

Grant

County

Public

Utility

District

No

2

1

.544

01/01/23

596,155‌

250,000

Grant

County

Public

Utility

District

No

2

3

.210

01/01/40

205,299‌

235,000

Great

Lakes

Water

Authority

Sewage

Disposal

System

Revenue

3

.056

07/01/39

198,256‌

100,000

Klickitat

County

Public

Utilities

3

.688

12/01/38

86,750‌

315,000

Massachusetts

Clean

Energy

Cooperative

Corp

2

.485

07/01/32

269,793‌

500,000

Metropolitan

Transportation

Authority

5

.175

11/15/49

515,900‌

170,000

Morris

County

Improvement

Authority

1

.298

06/15/27

151,343‌

210,000

Mount

Shasta

Public

Financing

Authority

3

.000

08/01/35

193,987‌

220,000

Mount

Shasta

Public

Financing

Authority

2

.625

08/01/36

191,603‌

120,000

Mount

Shasta

Public

Financing

Authority

2

.625

08/01/37

103,460‌

160,000

Mount

Shasta

Public

Financing

Authority

2

.750

08/01/38

137,329‌

165,000

Mount

Shasta

Public

Financing

Authority

2

.750

08/01/39

138,019‌

65,000

New

York

State

Energy

Research

&

Development

Authority

4

.577

04/01/35

65,485‌

55,000

New

York

State

Environmental

Facilities

Corp

2

.506

11/15/22

54,990‌

500,000

g

Ohio

Air

Quality

Development

Authority

4

.500

01/15/48

465,529‌

250,000

g

Pennsylvania

Economic

Development

Financing

Authority

10

.000

12/01/29

238,054‌

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

276

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MUNICIPAL

BONDS—continued

$

500,000

g

Warm

Springs

Reservation

Confederated

Tribe

2

.800

%

11/01/22

$

500,423‌

TOTAL

MUNICIPAL

BONDS

6,154,946‌

TOTAL

GOVERNMENT

BONDS

20,547,290‌

(Cost

$22,109,839)

STRUCTURED

ASSETS

-

21.8%

ASSET

BACKED

-

11

.2

%

250,000

g,i

BFLD

Trust

LIBOR

1

M

+

2.100%

3

.424

10/15/35

239,903‌

Series

-

2020

EYP

(Class

C)

87,159

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.100

05/20/48

75,084‌

Series

-

2021

3CS

(Class

A)

307,286

g

GoodLeap

Sustainable

Home

Solutions

Trust

1

.930

07/20/48

261,726‌

Series

-

2021

4GS

(Class

A)

262,889

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.560

10/20/48

225,593‌

Series

-

2021

5CS

(Class

B)

484,728

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.700

01/20/49

433,745‌

Series

-

2022

1GS

(Class

A)

134,391

g

HERO

Funding

Trust

4

.050

09/20/41

133,800‌

Series

-

2016

1A

(Class

A)

202,244

g

HERO

Funding

Trust

3

.910

09/20/42

198,874‌

Series

-

2016

3A

(Class

A2)

120,245

g

HERO

Funding

Trust

4

.290

09/20/47

119,360‌

Series

-

2016

4A

(Class

A2)

55,305

g

HERO

Funding

Trust

4

.460

09/20/47

54,446‌

Series

-

2017

1A

(Class

A2)

129,786

g

HERO

Funding

Trust

3

.190

09/20/48

123,964‌

Series

-

2017

3A

(Class

A1)

261,518

g

HERO

Funding

Trust

3

.950

09/20/48

253,773‌

Series

-

2017

3A

(Class

A2)

138,334

g

HERO

Funding

Trust

2

.720

09/20/57

129,791‌

Series

-

2020

1A

(Class

A)

182,138

g

Loanpal

Solar

Loan

Ltd

2

.290

01/20/48

157,557‌

Series

-

2021

1GS

(Class

A)

237,157

†,g

Mosaic

Solar

Loan

Trust

0

.000

04/20/46

225,299‌

Series

-

2020

1A

(Class

R)

466,619

g

Mosaic

Solar

Loan

Trust

2

.100

04/20/46

423,103‌

Series

-

2020

1A

(Class

A)

156,800

g

Mosaic

Solar

Loan

Trust

1

.440

08/20/46

135,765‌

Series

-

2020

2A

(Class

A)

864,441

g

Mosaic

Solar

Loan

Trust

2

.050

12/20/46

745,435‌

Series

-

2021

1A

(Class

B)

351,065

g

Mosaic

Solar

Loan

Trust

2

.250

12/20/46

322,671‌

Series

-

2021

1A

(Class

C)

593,473

g

Mosaic

Solar

Loan

Trust

1

.440

06/20/52

509,347‌

Series

-

2021

3A

(Class

A)

1,000,000

g

Mosaic

Solar

Loan

Trust

1

.770

06/20/52

880,354‌

Series

-

2021

3A

(Class

C)

193,624

g

Renew

2

.060

11/20/56

171,484‌

Series

-

2021

1

(Class

A)

1,158,155

g

Sunnova

Helios

VIII

Issuer

LLC

2

.790

02/22/49

1,049,051‌

Series

-

2022

A

(Class

A)

230,039

g

Sunrun

Athena

Issuer

LLC

5

.310

04/30/49

224,558‌

Series

-

2018

1

(Class

A)

466,424

g

Sunrun

Atlas

Issuer

LLC

3

.610

02/01/55

422,732‌

Series

-

2019

2

(Class

A)

384,056

g

Sunrun

Callisto

Issuer

LLC

3

.980

06/30/54

361,147‌

Series

-

2019

1A

(Class

A)

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

277

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

500,000

g

Sunrun

Jupiter

Issuer

LLC

4

.750

%

07/30/57

$

475,359‌

Series

-

2022

1A

(Class

A)

238,749

g

Sunrun

Vulcan

Issuer

LLC

2

.460

01/30/52

203,833‌

Series

-

2021

1A

(Class

A)

25,796

g

Tesla

Auto

Lease

Trust

2

.160

10/20/22

25,784‌

Series

-

2019

A

(Class

A3)

250,000

g

Tesla

Auto

Lease

Trust

2

.200

11/21/22

249,711‌

Series

-

2019

A

(Class

A4)

250,000

g

Tesla

Auto

Lease

Trust

0

.780

12/20/23

245,034‌

Series

-

2020

A

(Class

A4)

250,000

g

Tesla

Auto

Lease

Trust

2

.330

02/20/24

244,224‌

Series

-

2020

A

(Class

D)

250,000

g

Tesla

Auto

Lease

Trust

0

.560

03/20/25

241,188‌

Series

-

2021

A

(Class

A3)

300,000

g

Tesla

Auto

Lease

Trust

0

.600

09/22/25

284,276‌

Series

-

2021

B

(Class

A3)

549,009

g

Vivint

Colar

Financing

V

LLC

7

.370

04/30/48

538,506‌

Series

-

2018

1A

(Class

B)

702,612

g

Vivint

Solar

Financing

VII

LLC

2

.210

07/31/51

592,173‌

Series

-

2020

1A

(Class

A)

TOTAL

ASSET

BACKED

10,978,650‌

OTHER

MORTGAGE

BACKED

-

10

.6

%

250,000

g,i

Alen

Mortgage

Trust

LIBOR

1

M

+

1.650%

2

.974

04/15/34

239,677‌

Series

-

2021

ACEN

(Class

B)

100,000

g

BBCMS

Trust

4

.498

08/10/35

94,753‌

Series

-

2015

SRCH

(Class

B)

250,000

g,i

Cityline

Commercial

Mortgage

Trust

2

.871

11/10/31

243,653‌

Series

-

2016

CLNE

(Class

A)

500,000

g

COMM

Mortgage

Trust

3

.178

02/10/35

477,375‌

Series

-

2015

3BP

(Class

A)

100,000

g

COMM

Mortgage

Trust

3

.376

01/10/39

90,717‌

Series

-

2022

HC

(Class

C)

500,000

g

CPT

Mortgage

Trust

2

.865

11/13/39

436,596‌

Series

-

2019

CPT

(Class

A)

500,000

g,i

DBUBS

Mortgage

Trust

3

.648

10/10/34

470,610‌

Series

-

2017

BRBK

(Class

D)

210,000

g,i

GCT

Commercial

Mortgage

Trust

LIBOR

1

M

+

0.800%

2

.124

02/15/38

203,287‌

Series

-

2021

GCT

(Class

A)

1,102,000

g,i

GS

Mortgage

Securities

Corp

II

5

.067

03/10/33

1,074,512‌

Series

-

2018

GS10

(Class

WLSA)

345,000

g,i

Hudson

Yards

Mortgage

Trust

3

.558

07/10/39

287,323‌

Series

-

2019

30HY

(Class

E)

1,255,000

g,i

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.370%

2

.695

10/15/33

1,215,603‌

Series

-

2020

609M

(Class

A)

1,000,000

g,i

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.770%

3

.095

10/15/33

957,887‌

Series

-

2020

609M

(Class

B)

166,489

g

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

3

.093

07/05/32

166,415‌

Series

-

2012

HSBC

(Class

A)

1,000,000

g

Manhattan

West

Mortgage

Trust

2

.130

09/10/39

879,375‌

Series

-

2020

1MW

(Class

A)

250,000

g,i

MFT

Trust

3

.392

08/10/40

204,723‌

Series

-

2020

B6

(Class

B)

250,000

g,i

Morgan

Stanley

Capital

I

Trust

2

.509

04/05/42

198,341‌

Series

-

2020

CNP

(Class

C)

350,586

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.500%

2

.824

07/15/36

345,307‌

Series

-

2019

MILE

(Class

A)

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

278

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

500,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

2.750%

4

.074

%

07/15/36

$

485,539‌

Series

-

2019

MILE

(Class

D)

250,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

4.250%

5

.574

07/15/36

236,254‌

Series

-

2019

MILE

(Class

F)

11,470,000

g,i

NYC

Commercial

Mortgage

Trust

0

.333

04/10/43

209,608‌

Series

-

2021

909

(Class

X)

500,000

g

One

Bryant

Park

Trust

2

.516

09/15/54

432,028‌

Series

-

2019

OBP

(Class

A)

1,000,000

g

One

Market

Plaza

Trust

3

.614

02/10/32

981,527‌

Series

-

2017

1MKT

(Class

A)

400,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

2.305%

3

.629

11/15/36

375,759‌

Series

-

2021

LIH

(Class

D)

100,000

g,i

VNDO

Trust

4

.033

01/10/35

88,956‌

Series

-

2016

350P

(Class

D)

TOTAL

OTHER

MORTGAGE

BACKED

10,395,825‌

TOTAL

STRUCTURED

ASSETS

21,374,475‌

(Cost

$22,821,134)

TOTAL

BONDS

90,116,097‌

(Cost

$99,095,422)

SHARES

COMPANY

REFERENCERATE

&

SPREAD

PREFERRED

STOCKS

-

1.1%

REAL

ESTATE

-

0

.4

%

10,000

Brookfield

Property

Partners

LP

197,100‌

10,000

Brookfield

Property

Partners

LP

170,800‌

TOTAL

REAL

ESTATE

367,900‌

UTILITIES

-

0

.7

%

20,000

Brookfield

Infrastructure

Partners

LP

373,900‌

16,000

Brookfield

Renewable

Partners

LP

332,880‌

TOTAL

UTILITIES

706,780‌

TOTAL

PREFERRED

STOCKS

1,074,680‌

(Cost

$1,400,000)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

4.9%

REPURCHASE

AGREEMENT

-

3

.7

%

$

3,710,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

3,710,000‌

TOTAL

REPURCHASE

AGREEMENT

3,710,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

1

.2

%

1,177,859

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

1,177,859‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

1,177,859‌

TOTAL

SHORT-TERM

INVESTMENTS

4,887,859‌

(Cost

$4,887,859)

TOTAL

INVESTMENTS

-

99.6%

97,948,195‌

(Cost

$107,317,880)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.4%

352,543‌

NET

ASSETS

-

100.0%

$

98,300,738‌

Portfolio

of

investments

(unaudited)

Green

Bond

Fund

June

30,

2022

279

TIAA-CREF

Funds

concluded

LIBOR

London

Interbank

Offered

Rate

M

Month

SOFR

Secure

Overnight

Financing

Rate

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$1,141,716.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$40,718,858

or

41.4%

of

net

assets.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$3,710,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

0.500%

and

maturity

date

2/28/26,

valued

at

$3,784,248.

High-Yield

Fund

June

30,

2022

Portfolio

of

investments

(unaudited)

280

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

8.5%

CAPITAL

GOODS

-

0

.0

%

$

12,694

i

Vertiv

Group

Corp

LIBOR

1

M

+

2.750%

2

.991

%

03/02/27

$

11,774‌

TOTAL

CAPITAL

GOODS

11,774‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.5

%

8,894,946

i

Intrado

Corp

LIBOR  1M

+

4.000%

5

.666

10/10/24

7,526,103‌

11,189,770

i

PECF

USS

Intermediate

Holding

III

Corp

LIBOR  1M

+

4.250%

5

.916

12/15/28

10,070,793‌

19,428,750

i

Spin

Holdco,

Inc

LIBOR  3M

+

4.000%

5

.611

03/04/28

17,845,307‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

35,442,203‌

CONSUMER

SERVICES

-

0

.4

%

9,857,767

i

ClubCorp

Holdings,

Inc

LIBOR  3M

+

2.750%

5

.000

09/18/24

9,060,373‌

TOTAL

CONSUMER

SERVICES

9,060,373‌

DIVERSIFIED

FINANCIALS

-

0

.5

%

13,396,965

i

Astra

Acquisition

Corp

LIBOR  1M

+

5.250%

6

.310

10/25/28

11,588,375‌

TOTAL

DIVERSIFIED

FINANCIALS

11,588,375‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.3

%

9,487,351

i

Triton

Water

Holdings,

Inc

LIBOR  3M

+

3.500%

5

.750

03/31/28

8,365,852‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

8,365,852‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

1

.4

%

20,943,447

i

Surgery

Center

Holdings,

Inc

LIBOR  1M

+

3.750%

4

.950

09/03/26

19,470,913‌

15,614,989

i

Verscend

Holding

Corp

LIBOR  1M

+

4.000%

5

.666

08/27/25

14,912,314‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

34,383,227‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.3

%

7,387,500

i

Kronos

Acquisition

Holdings,

Inc

LIBOR  1M

+

3.750%

5

.416

12/22/26

6,689,381‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

6,689,381‌

MATERIALS

-

0

.3

%

8,149,222

i

Sylvamo

Corp

LIBOR  1M

+

4.500%

6

.166

08/20/28

7,690,828‌

TOTAL

MATERIALS

7,690,828‌

MEDIA

&

ENTERTAINMENT

-

0

.4

%

9,870,724

i

Abe

Investment

Holdings

LIBOR  3M

+

4.500%

6

.125

02/19/26

9,525,249‌

1,188,273

i

Diamond

Sports

Group

LLC

SOFR  1M

+

8.000%

9

.181

05/25/26

1,180,347‌

14,858

i

Rackspace

Technology

Global,

Inc

LIBOR  3M

+

2.750%

4

.160

02/03/28

13,502‌

TOTAL

MEDIA

&

ENTERTAINMENT

10,719,098‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.6

%

14,820,176

i

Jazz

Financing

Lux

Sarl

LIBOR  1M

+

3.500%

5

.166

05/05/28

14,109,252‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

14,109,252‌

RETAILING

-

0

.6

%

10,619,725

i

Jo-Ann

Stores

LLC

LIBOR  3M

+

4.750%

5

.964

07/07/28

7,380,709‌

9,578,750

i

Staples,

Inc

LIBOR  3M

+

5.000%

6

.286

04/16/26

8,304,202‌

TOTAL

RETAILING

15,684,911‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.2

%

9,828,397

i

Bright

Bidco

BV

LIBOR  3M

+

3.500%

4

.774

06/30/24

4,320,956‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

4,320,956‌

SOFTWARE

&

SERVICES

-

1

.5

%

14,781,150

i

Finastra

USA,

Inc

LIBOR  3M

+

3.500%

4

.739

06/13/24

13,289,140‌

9,875,000

i

Greeneden

US

Holdings

II

LLC

LIBOR  1M

+

4.000%

5

.666

12/01/27

9,415,812‌

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

281

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SOFTWARE

&

SERVICES—continued

$

14,879,774

i

Rocket

Software,

Inc

LIBOR  1M

+

4.250%

5

.916

%

11/28/25

$

13,788,641‌

TOTAL

SOFTWARE

&

SERVICES

36,493,593‌

TRANSPORTATION

-

0

.5

%

12,785,000

i

Air

Canada

LIBOR  3M

+

3.500%

4

.250

08/11/28

11,730,237‌

TOTAL

TRANSPORTATION

11,730,237‌

TOTAL

BANK

LOAN

OBLIGATIONS

206,290,060‌

(Cost

$228,284,768)

BONDS

-

88.8%

CORPORATE

BONDS

-

88.8%

AUTOMOBILES

&

COMPONENTS

-

3

.7

%

12,450,000

g

Adient

Global

Holdings

Ltd

4

.875

08/15/26

10,926,867‌

4,195,000

Dana,

Inc

5

.375

11/15/27

3,634,917‌

11,470,000

Dana,

Inc

4

.500

02/15/32

8,473,807‌

5,825,000

Ford

Motor

Co

9

.625

04/22/30

6,494,875‌

22,075,000

g

Gates

Global

LLC

6

.250

01/15/26

20,474,563‌

6,815,000

e

Goodyear

Tire

&

Rubber

Co

5

.000

07/15/29

5,643,890‌

15,000,000

e

Goodyear

Tire

&

Rubber

Co

5

.250

04/30/31

12,171,300‌

4,540,000

e

Goodyear

Tire

&

Rubber

Co

5

.250

07/15/31

3,649,025‌

5,000,000

Goodyear

Tire

&

Rubber

Co

5

.625

04/30/33

4,004,400‌

1,100,000

g,o

IHO

Verwaltungs

GmbH

4

.750

09/15/26

945,541‌

16,050,000

g,o

IHO

Verwaltungs

GmbH

6

.375

05/15/29

13,966,710‌

TOTAL

AUTOMOBILES

&

COMPONENTS

90,385,895‌

CAPITAL

GOODS

-

1

.9

%

10,145,000

g

Builders

FirstSource,

Inc

6

.375

06/15/32

9,054,413‌

9,519,000

g

H&E

Equipment

Services,

Inc

3

.875

12/15/28

7,698,491‌

8,950,000

g

Rolls-Royce

plc

5

.750

10/15/27

8,066,635‌

12,250,000

TransDigm

UK

Holdings

plc

6

.875

05/15/26

11,423,125‌

4,000,000

TransDigm,

Inc

7

.500

03/15/27

3,773,640‌

7,560,000

g

WESCO

Distribution,

Inc

7

.250

06/15/28

7,476,840‌

TOTAL

CAPITAL

GOODS

47,493,144‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

7

.6

%

5,245,000

g

ADT

Corp

4

.875

07/15/32

4,175,125‌

13,105,000

g

ADT

Security

Corp

4

.125

08/01/29

10,635,559‌

13,945,000

g

Albion

Financing  SARL

6

.125

10/15/26

11,934,511‌

27,345,000

g

Albion

Financing

2SARL

8

.750

04/15/27

22,901,437‌

11,100,000

g

Allied

Universal

Holdco

LLC

6

.625

07/15/26

10,185,693‌

19,000,000

g

Allied

Universal

Holdco

LLC

4

.625

06/01/28

15,669,349‌

8,785,000

g

ASGN,

Inc

4

.625

05/15/28

7,610,445‌

21,600,000

g

Garda

World

Security

Corp

4

.625

02/15/27

18,576,000‌

6,500,000

g

GFL

Environmental,

Inc

4

.750

06/15/29

5,378,750‌

10,000,000

e,g

Pitney

Bowes,

Inc

6

.875

03/15/27

7,942,137‌

10,000,000

e,g

Pitney

Bowes,

Inc

7

.250

03/15/29

7,565,400‌

15,075,000

g

Prime

Security

Services

Borrower

LLC

5

.750

04/15/26

14,057,438‌

5,325,000

g

Prime

Security

Services

Borrower

LLC

3

.375

08/31/27

4,386,469‌

23,100,000

g

Prime

Security

Services

Borrower

LLC

6

.250

01/15/28

19,325,355‌

6,750,000

g

Science

Applications

International

Corp

4

.875

04/01/28

6,294,375‌

19,618,000

g

WASH

Multifamily

Acquisition,

Inc

5

.750

04/15/26

18,489,965‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

185,128,008‌

CONSUMER

DURABLES

&

APPAREL

-

0

.3

%

8,880,000

e,g

Wolverine

World

Wide,

Inc

4

.000

08/15/29

7,124,779‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

7,124,779‌

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

282

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CONSUMER

SERVICES

-

4

.6

%

$

11,845,000

g

Carnival

Corp

4

.000

%

08/01/28

$

9,712,900‌

20,995,000

g

CDI

Escrow

Issuer,

Inc

5

.750

04/01/30

19,105,450‌

7,840,000

g

Constellation

Merger

Sub,

Inc

8

.500

09/15/25

6,863,540‌

11,140,000

g

Fertitta

Entertainment

LLC

4

.625

01/15/29

9,496,850‌

9,135,000

g

Hilton

Grand

Vacations

Borrower

Escrow

LLC

5

.000

06/01/29

7,399,350‌

3,880,000

g

International

Game

Technology

plc

4

.125

04/15/26

3,511,400‌

4,650,000

g

International

Game

Technology

plc

6

.250

01/15/27

4,522,706‌

2,025,000

g

International

Game

Technology

plc

5

.250

01/15/29

1,833,637‌

16,300,000

g

Life

Time,

Inc

5

.750

01/15/26

14,612,461‌

11,425,000

g

Live

Nation

Entertainment,

Inc

6

.500

05/15/27

11,235,574‌

2,715,000

g

Marriott

Ownership

Resorts,

Inc

4

.500

06/15/29

2,258,006‌

10,000,000

g

Penn

National

Gaming,

Inc

5

.625

01/15/27

8,775,000‌

14,665,000

Yum!

Brands,

Inc

5

.375

04/01/32

13,529,929‌

TOTAL

CONSUMER

SERVICES

112,856,803‌

DIVERSIFIED

FINANCIALS

-

6

.8

%

9,447,000

g

Compass

Group

Diversified

Holdings

LLC

5

.250

04/15/29

7,793,775‌

10,000,000

g

Compass

Group

Diversified

Holdings

LLC

5

.000

01/15/32

7,720,797‌

18,335,000

Ford

Motor

Credit

Co

LLC

2

.300

02/10/25

16,462,996‌

10,000,000

Ford

Motor

Credit

Co

LLC

3

.375

11/13/25

9,004,700‌

13,035,000

Ford

Motor

Credit

Co

LLC

4

.950

05/28/27

12,106,256‌

20,000,000

Ford

Motor

Credit

Co

LLC

5

.113

05/03/29

17,929,480‌

9,700,000

Icahn

Enterprises

LP

5

.250

05/15/27

8,592,648‌

15,375,000

Icahn

Enterprises

LP

4

.375

02/01/29

12,425,460‌

11,800,000

g

LPL

Holdings,

Inc

4

.375

05/15/31

10,081,743‌

3,000,000

Navient

Corp

6

.125

03/25/24

2,844,420‌

5,000,000

Navient

Corp

6

.750

06/25/25

4,511,200‌

4,000,000

Navient

Corp

5

.000

03/15/27

3,290,120‌

10,000,000

Navient

Corp

4

.875

03/15/28

7,812,500‌

5,330,000

Navient

Corp

5

.500

03/15/29

4,108,957‌

11,465,000

OneMain

Finance

Corp

3

.500

01/15/27

9,172,000‌

15,650,000

OneMain

Finance

Corp

4

.000

09/15/30

11,600,563‌

5,000,000

g

Rocket

Mortgage

LLC

2

.875

10/15/26

4,132,050‌

10,000,000

g

Rocket

Mortgage

LLC

3

.875

03/01/31

7,492,900‌

10,960,000

Springleaf

Finance

Corp

5

.375

11/15/29

8,881,546‌

TOTAL

DIVERSIFIED

FINANCIALS

165,964,111‌

ENERGY

-

15

.8

%

8,375,000

AmeriGas

Partners

LP

5

.875

08/20/26

7,812,915‌

13,075,000

g

Antero

Midstream

Partners

LP

5

.750

03/01/27

12,159,750‌

10,000,000

Apache

Corp

5

.100

09/01/40

8,443,800‌

9,550,000

g

Archrock

Partners

LP

6

.875

04/01/27

8,708,361‌

11,681,000

g

Archrock

Partners

LP

6

.250

04/01/28

10,341,189‌

5,200,000

g

Ascent

Resources

Utica

Holdings

LLC

7

.000

11/01/26

4,836,000‌

4,765,000

g

Callon

Petroleum

Co

7

.500

06/15/30

4,384,467‌

6,000,000

g

Calumet

Specialty

Products

Partners

LP

11

.000

04/15/25

5,710,740‌

4,170,000

g

Calumet

Specialty

Products

Partners

LP

8

.125

01/15/27

3,525,294‌

667,639

o

Cloud

Peak

Energy,

Inc

12

.000

05/01/25

637,595‌

5,700,000

g

Crestwood

Midstream

Partners

LP

5

.625

05/01/27

5,073,000‌

11,800,000

g

Crestwood

Midstream

Partners

LP

6

.000

02/01/29

10,296,444‌

11,775,000

g

DT

Midstream,

Inc

4

.125

06/15/29

9,979,312‌

2,975,000

g

DT

Midstream,

Inc

4

.375

06/15/31

2,491,562‌

2,932,000

g

Energean

Israel

Finance

Ltd

4

.500

03/30/24

2,754,196‌

1,630,000

g

Energean

Israel

Finance

Ltd

4

.875

03/30/26

1,439,340‌

1,630,000

g

Energean

Israel

Finance

Ltd

5

.375

03/30/28

1,381,599‌

5,079,000

g

Energean

Israel

Finance

Ltd

5

.875

03/30/31

4,124,635‌

10,000,000

Energy

Transfer

LP

6

.500

N/A‡

8,839,175‌

1,569,000

g

EnLink

Midstream

LLC

5

.625

01/15/28

1,439,192‌

5,210,000

EnLink

Midstream

LLC

5

.375

06/01/29

4,559,833‌

3,168,000

EnLink

Midstream

Partners

LP

4

.150

06/01/25

2,948,996‌

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

283

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

5,000,000

EnLink

Midstream

Partners

LP

4

.850

%

07/15/26

$

4,612,500‌

1,615,000

g

EQM

Midstream

Partners

LP

6

.000

07/01/25

1,548,268‌

1,365,000

g

EQM

Midstream

Partners

LP

7

.500

06/01/27

1,316,611‌

7,200,000

g

EQM

Midstream

Partners

LP

6

.500

07/01/27

6,694,564‌

4,250,000

g

EQM

Midstream

Partners

LP

4

.500

01/15/29

3,450,490‌

8,330,000

g

EQM

Midstream

Partners

LP

7

.500

06/01/30

8,002,173‌

5,125,000

e,g

EQM

Midstream

Partners

LP

4

.750

01/15/31

4,087,187‌

9,400,000

Genesis

Energy

LP

6

.500

10/01/25

8,671,500‌

15,000,000

Genesis

Energy

LP

6

.250

05/15/26

13,406,250‌

10,825,000

g

Hess

Midstream

Operations

LP

5

.625

02/15/26

10,310,813‌

6,340,000

g

Hilcorp

Energy

I

LP

5

.750

02/01/29

5,567,404‌

6,185,000

g

Hilcorp

Energy

I

LP

6

.000

04/15/30

5,380,950‌

6,166,000

g

Hilcorp

Energy

I

LP

6

.000

02/01/31

5,302,760‌

8,685,000

g

Hilcorp

Energy

I

LP

6

.250

04/15/32

7,627,080‌

5,705,000

g

Holly

Energy

Partners

LP

6

.375

04/15/27

5,369,888‌

5,295,000

g

Kinetik

Holdings

LP

5

.875

06/15/30

5,044,096‌

15,000,000

Laredo

Petroleum,

Inc

9

.500

01/15/25

14,872,350‌

8,000,000

Matador

Resources

Co

5

.875

09/15/26

7,690,240‌

10,982,000

Murphy

Oil

Corp

5

.875

12/01/27

10,248,952‌

19,075,000

g

New

Fortress

Energy,

Inc

6

.500

09/30/26

17,277,401‌

8,750,000

g

NGL

Energy

Operating

LLC

7

.500

02/01/26

7,875,000‌

17,875,000

Occidental

Petroleum

Corp

6

.375

09/01/28

18,098,438‌

11,800,000

Occidental

Petroleum

Corp

8

.875

07/15/30

13,547,315‌

10,000,000

Occidental

Petroleum

Corp

6

.450

09/15/36

10,250,000‌

336,000

Occidental

Petroleum

Corp

6

.200

03/15/40

330,960‌

516,000

Occidental

Petroleum

Corp

6

.600

03/15/46

547,992‌

1,479,000

Occidental

Petroleum

Corp

4

.400

04/15/46

1,195,014‌

6,658,000

g

Parkland

Corp

4

.500

10/01/29

5,397,250‌

9,440,000

g

Parkland

Corp

4

.625

05/01/30

7,658,035‌

5,900,000

SM

Energy

Co

6

.750

09/15/26

5,565,839‌

7,500,000

SM

Energy

Co

6

.625

01/15/27

7,012,500‌

1,200,000

e

SM

Energy

Co

6

.500

07/15/28

1,103,646‌

8,175,000

Suburban

Propane

Partners

LP

5

.875

03/01/27

7,710,742‌

1,800,000

g

Suburban

Propane

Partners

LP

5

.000

06/01/31

1,530,675‌

4,527,000

Sunoco

LP

4

.500

05/15/29

3,731,533‌

18,000,000

USA

Compression

Partners

LP

6

.875

04/01/26

16,374,600‌

2,650,000

USA

Compression

Partners

LP

6

.875

09/01/27

2,351,875‌

8,575,000

Western

Midstream

Operating

LP

5

.300

02/01/30

7,417,375‌

TOTAL

ENERGY

386,067,661‌

FOOD

&

STAPLES

RETAILING

-

0

.4

%

10,665,000

g

Performance

Food

Group,

Inc

4

.250

08/01/29

8,905,275‌

TOTAL

FOOD

&

STAPLES

RETAILING

8,905,275‌

FOOD,

BEVERAGE

&

TOBACCO

-

1

.7

%

13,325,000

g

Chobani

LLC

4

.625

11/15/28

11,259,625‌

8,115,000

g

Darling

Ingredients,

Inc

6

.000

06/15/30

8,087,815‌

19,950,000

g

Primo

Water

Holdings,

Inc

4

.375

04/30/29

16,293,763‌

10,000,000

g

Triton

Water

Holdings,

Inc

6

.250

04/01/29

7,100,000‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

42,741,203‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

5

.6

%

2,500,000

g

CHS/Community

Health

Systems,

Inc

8

.000

03/15/26

2,276,725‌

2,275,000

g

CHS/Community

Health

Systems,

Inc

5

.625

03/15/27

1,925,492‌

3,850,000

g

CHS/Community

Health

Systems,

Inc

8

.000

12/15/27

3,496,223‌

7,725,000

e,g

CHS/Community

Health

Systems,

Inc

6

.125

04/01/30

4,712,250‌

11,215,000

g

CHS/Community

Health

Systems,

Inc

5

.250

05/15/30

8,522,278‌

9,025,000

g

DaVita,

Inc

4

.625

06/01/30

7,038,254‌

8,100,000

Encompass

Health

Corp

4

.500

02/01/28

6,934,403‌

15,000,000

g

Global

Medical

Response,

Inc

6

.500

10/01/25

13,364,700‌

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

284

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

15,000,000

g

LifePoint

Health,

Inc

4

.375

%

02/15/27

$

12,852,295‌

9,475,000

e,g

LifePoint

Health,

Inc

5

.375

01/15/29

6,964,125‌

14,250,000

g

MPH

Acquisition

Holdings

LLC

5

.500

09/01/28

12,682,486‌

6,895,000

g

Owens

&

Minor,

Inc

6

.625

04/01/30

6,298,376‌

7,500,000

g

Tenet

Healthcare

Corp

4

.625

06/15/28

6,530,850‌

12,050,000

g

Tenet

Healthcare

Corp

6

.125

10/01/28

10,312,149‌

5,000,000

g

Tenet

Healthcare

Corp

4

.250

06/01/29

4,211,050‌

33,000,000

g

Tenet

Healthcare

Corp

4

.375

01/15/30

27,918,990‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

136,040,646‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.8

%

14,200,000

g

Coty,

Inc

5

.000

04/15/26

13,010,750‌

7,950,000

e,g

Kronos

Acquisition

Holdings,

Inc

7

.000

12/31/27

5,962,500‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

18,973,250‌

INSURANCE

-

1

.6

%

18,513,000

g

Acrisure

LLC

4

.250

02/15/29

14,966,177‌

11,725,000

g

Alliant

Holdings

Intermediate

LLC

4

.250

10/15/27

10,148,813‌

10,085,000

g

AmWINS

Group,

Inc

4

.875

06/30/29

8,258,836‌

8,190,000

g

BroadStreet

Partners,

Inc

5

.875

04/15/29

6,407,933‌

TOTAL

INSURANCE

39,781,759‌

MATERIALS

-

8

.1

%

5,000,000

g

Ardagh

Metal

Packaging

Finance

USA

LLC

3

.250

09/01/28

4,267,842‌

5,025,000

g

Ardagh

Metal

Packaging

Finance

USA

LLC

4

.000

09/01/29

4,032,562‌

3,250,000

Commercial

Metals

Co

4

.125

01/15/30

2,736,509‌

7,110,000

Commercial

Metals

Co

4

.125

03/15/32

5,823,614‌

10,385,000

g

Consolidated

Energy

Finance

S.A.

5

.625

10/15/28

8,354,300‌

9,325,000

e,g

Constellium

SE

3

.750

04/15/29

7,395,404‌

10,000,000

g

EverArc

Escrow

Sarl

5

.000

10/30/29

8,417,150‌

3,000,000

g

First

Quantum

Minerals

Ltd

7

.500

04/01/25

2,836,386‌

4,750,000

g

First

Quantum

Minerals

Ltd

6

.875

03/01/26

4,374,750‌

2,500,000

g

First

Quantum

Minerals

Ltd

6

.875

10/15/27

2,235,150‌

20,000,000

g

FMG

Resources

August

2006

Pty

Ltd

5

.875

04/15/30

18,000,000‌

9,250,000

g

James

Hardie

International

Finance

DAC

5

.000

01/15/28

8,232,500‌

1,913,000

g

Joseph

T

Ryerson

&

Son,

Inc

8

.500

08/01/28

1,975,363‌

5,000,000

g

LABL,

Inc

6

.750

07/15/26

4,502,499‌

10,500,000

g

LABL,

Inc

5

.875

11/01/28

8,477,984‌

15,785,000

g

Mineral

Resources

Ltd

8

.000

11/01/27

15,390,375‌

16,990,000

g

Olympus

Water

US

Holding

Corp

4

.250

10/01/28

13,307,417‌

15,110,000

g

Pactiv

Evergreen

Group

Issuer,

Inc

4

.375

09/30/28

12,843,500‌

10,000,000

g

Rayonier

AM

Products,

Inc

7

.625

01/15/26

8,725,000‌

6,975,000

g

Standard

Industries,

Inc

5

.000

02/15/27

6,225,583‌

15,690,000

g

SunCoke

Energy,

Inc

4

.875

06/30/29

12,537,775‌

7,000,000

g

Trinseo

Materials

Operating

S.C.A

5

.375

09/01/25

5,962,740‌

7,000,000

g

Trinseo

Materials

Operating

S.C.A

5

.125

04/01/29

5,005,700‌

13,112,000

g

Tronox,

Inc

4

.625

03/15/29

10,543,359‌

12,155,000

g

Unifrax

Escrow

Issuer

Corp

5

.250

09/30/28

9,698,414‌

3,800,000

g

WR

Grace

Holdings

LLC

4

.875

06/15/27

3,306,912‌

3,025,000

g

WR

Grace

Holdings

LLC

5

.625

08/15/29

2,227,156‌

TOTAL

MATERIALS

197,435,944‌

MEDIA

&

ENTERTAINMENT

-

9

.1

%

8,860,000

g

Arches

Buyer,

Inc

4

.250

06/01/28

7,213,856‌

12,375,000

g

Cablevision

Lightpath

LLC

3

.875

09/15/27

10,240,312‌

5,000,000

g

CCO

Holdings

LLC

5

.000

02/01/28

4,613,500‌

5,000,000

g

CCO

Holdings

LLC

5

.375

06/01/29

4,469,200‌

12,250,000

g

CCO

Holdings

LLC

4

.500

08/15/30

10,170,907‌

19,025,000

g

CCO

Holdings

LLC

4

.250

02/01/31

15,505,375‌

10,800,000

CCO

Holdings

LLC

4

.500

05/01/32

8,744,760‌

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

285

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

8,175,000

g

Cinemark

USA,

Inc

8

.750

%

05/01/25

$

8,253,774‌

6,615,000

e,g

Cinemark

USA,

Inc

5

.250

07/15/28

5,316,145‌

5,850,000

g

CSC

Holdings

LLC

5

.500

04/15/27

5,301,329‌

15,000,000

g

CSC

Holdings

LLC

4

.125

12/01/30

11,700,000‌

8,175,000

g

Diamond

Sports

Group

LLC

5

.375

08/15/26

2,043,750‌

10,900,000

g

DIRECTV

Holdings

LLC

5

.875

08/15/27

9,298,463‌

9,400,000

DISH

DBS

Corp

7

.375

07/01/28

6,393,880‌

10,125,000

DISH

DBS

Corp

5

.125

06/01/29

6,152,355‌

6,900,000

g

Gray

Television,

Inc

4

.750

10/15/30

5,399,250‌

9,375,000

Lamar

Media

Corp

4

.875

01/15/29

8,438,587‌

14,650,000

g

LCPR

Senior

Secured

Financing

DAC

5

.125

07/15/29

12,232,750‌

6,117,000

g

News

Corp

3

.875

05/15/29

5,281,822‌

790,000

e,g

News

Corp

5

.125

02/15/32

699,545‌

16,108,000

g

Rackspace

Technology

Global,

Inc

3

.500

02/15/28

12,620,376‌

5,450,000

g

Sirius

XM

Radio,

Inc

4

.000

07/15/28

4,714,250‌

7,425,000

TEGNA,

Inc

4

.625

03/15/28

6,942,375‌

17,575,000

g

Univision

Communications,

Inc

4

.500

05/01/29

14,710,680‌

1,160,000

g

Univision

Communications,

Inc

7

.375

06/30/30

1,133,900‌

10,000,000

g

UPC

Broadband

Finco

BV

4

.875

07/15/31

8,150,000‌

9,325,000

g

Virgin

Media

Secured

Finance

plc

5

.500

05/15/29

8,337,016‌

20,400,000

g

VZ

Secured

Financing

BV

5

.000

01/15/32

16,932,000‌

TOTAL

MEDIA

&

ENTERTAINMENT

221,010,157‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

3

.2

%

5,795,000

g

Avantor

Funding,

Inc

4

.625

07/15/28

5,312,277‌

9,350,000

g

Bausch

Health

Cos,

Inc

4

.875

06/01/28

7,316,749‌

10,000,000

g

Bausch

Health

Cos,

Inc

5

.250

01/30/30

5,166,790‌

5,000,000

g

Embecta

Corp

5

.000

02/15/30

4,197,178‌

6,605,000

g

Embecta

Corp

6

.750

02/15/30

5,946,678‌

10,125,000

g

Emergent

BioSolutions,

Inc

3

.875

08/15/28

7,177,938‌

10,725,000

g

Organon

Finance  LLC

4

.125

04/30/28

9,491,625‌

23,650,000

g

Organon

Finance  LLC

5

.125

04/30/31

20,405,930‌

10,215,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

4

.750

05/09/27

8,724,816‌

5,000,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

5

.125

05/09/29

4,118,750‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

77,858,731‌

REAL

ESTATE

-

3

.3

%

8,925,000

g

Cushman

&

Wakefield

US

Borrower

LLC

6

.750

05/15/28

8,289,094‌

14,915,000

g

HAT

Holdings

I

LLC

3

.375

06/15/26

12,826,900‌

4,776,000

g

Howard

Hughes

Corp

4

.125

02/01/29

3,683,670‌

5,099,000

g

Howard

Hughes

Corp

4

.375

02/01/31

3,773,679‌

12,000,000

g

Hunt

Cos,

Inc

5

.250

04/15/29

10,200,000‌

10,925,000

g

Iron

Mountain,

Inc

4

.875

09/15/27

9,871,284‌

8,472,000

Kennedy-Wilson,

Inc

4

.750

03/01/29

6,862,320‌

11,771,000

Kennedy-Wilson,

Inc

5

.000

03/01/31

9,122,525‌

15,380,000

g

Realogy

Group

LLC

5

.250

04/15/30

11,381,200‌

5,265,000

g

RLJ

Lodging

Trust

LP

4

.000

09/15/29

4,324,735‌

TOTAL

REAL

ESTATE

80,335,407‌

RETAILING

-

4

.9

%

10,700,000

g

Academy

Ltd

6

.000

11/15/27

9,777,125‌

10,000,000

g

Asbury

Automotive

Group,

Inc

4

.625

11/15/29

8,262,500‌

10,000,000

g

Asbury

Automotive

Group,

Inc

5

.000

02/15/32

8,175,000‌

10,285,000

g

Ferrellgas

Escrow

LLC

5

.375

04/01/26

8,929,283‌

22,178,000

g

Ferrellgas

Escrow

LLC

5

.875

04/01/29

18,003,726‌

9,175,000

g

Group

1

Automotive,

Inc

4

.000

08/15/28

7,668,311‌

6,650,000

e

L

Brands,

Inc

5

.250

02/01/28

5,610,605‌

7,250,000

g

L

Brands,

Inc

6

.625

10/01/30

6,262,115‌

11,335,000

g

LCM

Investments

Holdings

II

LLC

4

.875

05/01/29

8,627,068‌

17,587,000

g

Magic

Mergeco,

Inc

5

.250

05/01/28

13,822,854‌

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

286

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

4,775,000

e,g

Magic

Mergeco,

Inc

7

.875

%

05/01/29

$

3,146,821‌

15,000,000

g

Staples,

Inc

7

.500

04/15/26

12,433,050‌

9,836,000

g

Superior

Plus

LP

4

.500

03/15/29

8,360,600‌

TOTAL

RETAILING

119,079,058‌

SOFTWARE

&

SERVICES

-

1

.4

%

3,375,000

g

CA

Magnum

Holdings

5

.375

10/31/26

2,924,709‌

6,175,000

g

Clarivate

Science

Holdings

Corp

3

.875

07/01/28

5,159,264‌

6,810,000

g

Fair

Isaac

Corp

4

.000

06/15/28

6,032,570‌

9,672,000

g

j2

Global,

Inc

4

.625

10/15/30

8,244,848‌

8,695,000

g

Presidio

Holdings,

Inc

8

.250

02/01/28

7,644,595‌

5,000,000

g

Rocket

Software,

Inc

6

.500

02/15/29

3,614,097‌

TOTAL

SOFTWARE

&

SERVICES

33,620,083‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

2

.4

%

20,700,000

g

Ahead

DB

Holdings

LLC

6

.625

05/01/28

17,160,360‌

48,520,000

g

Imola

Merger

Corp

4

.750

05/15/29

40,594,743‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

57,755,103‌

TELECOMMUNICATION

SERVICES

-

2

.9

%

18,000,000

g

Altice

France

S.A.

5

.125

07/15/29

13,590,000‌

9,160,000

g

Altice

France

S.A.

5

.500

10/15/29

6,997,416‌

9,125,000

g

Cogent

Communications

Group,

Inc

3

.500

05/01/26

8,395,000‌

5,000,000

g

Cogent

Communications

Group,

Inc

7

.000

06/15/27

4,790,000‌

10,000,000

e,g

Frontier

Communications

Holdings

LLC

6

.000

01/15/30

7,694,500‌

7,725,000

g

Gray

Escrow,

Inc

5

.375

11/15/31

6,189,502‌

7,695,000

g

Iliad

Holding

SASU

6

.500

10/15/26

6,925,269‌

9,175,000

g

Iliad

Holding

SASU

7

.000

10/15/28

7,981,658‌

7,620,000

g

MAXAR

TECHNOLOGIES,Inc

7

.750

06/15/27

7,547,762‌

TOTAL

TELECOMMUNICATION

SERVICES

70,111,107‌

TRANSPORTATION

-

1

.3

%

10,000,000

g

American

Airlines,

Inc

5

.500

04/20/26

9,187,850‌

11,950,000

g

Cargo

Aircraft

Management,

Inc

4

.750

02/01/28

10,897,683‌

7,115,000

g

First

Student

Bidco,

Inc

4

.000

07/31/29

5,690,501‌

3,550,000

g

United

Airlines,

Inc

4

.375

04/15/26

3,128,153‌

3,550,000

g

United

Airlines,

Inc

4

.625

04/15/29

3,011,359‌

TOTAL

TRANSPORTATION

31,915,546‌

UTILITIES

-

1

.4

%

7,400,000

g

Clearway

Energy

Operating

LLC

4

.750

03/15/28

6,657,645‌

10,000,000

Edison

International

5

.375

N/A‡

8,125,000‌

10,000,000

g

TerraForm

Power

Operating

LLC

5

.000

01/31/28

9,057,400‌

12,480,000

g

TerraForm

Power

Operating

LLC

4

.750

01/15/30

10,688,995‌

TOTAL

UTILITIES

34,529,040‌

TOTAL

CORPORATE

BONDS

2,165,112,710‌

(Cost

$2,539,829,201)

TOTAL

BONDS

2,165,112,710‌

(Cost

$2,539,829,201)

Portfolio

of

investments

(unaudited)

High-Yield

Fund

June

30,

2022

287

TIAA-CREF

Funds

concluded

SHARES

COMPANY

REFERENCERATE

&

SPREAD

VALUE

COMMON

STOCKS

-

0.0%

ENERGY

-

0

.0

%

7,963

*,†

Cloud

Peak

Energy,

Inc

$

80‌

TOTAL

ENERGY

80‌

TOTAL

COMMON

STOCKS

80‌

(Cost

$0)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS

-

2.7%

GOVERNMENT

AGENCY

DEBT

-

0

.2

%

$

5,760,000

Federal

Home

Loan

Bank

(FHLB)

0

.000

%

09/07/22

5,739,345‌

TOTAL

GOVERNMENT

AGENCY

DEBT

5,739,345‌

REPURCHASE

AGREEMENT

-

0

.6

%

14,535,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

14,535,000‌

TOTAL

REPURCHASE

AGREEMENT

14,535,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

1

.9

%

46,729,240

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

46,729,240‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

46,729,240‌

TOTAL

SHORT-TERM

INVESTMENTS

67,003,585‌

(Cost

$67,009,987)

TOTAL

INVESTMENTS

-

100.0%

2,438,406,435‌

(Cost

$2,835,123,956)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(0.0)%

(

15,665‌

)

NET

ASSETS

-

100.0%

$

2,438,390,770‌

LIBOR

London

Interbank

Offered

Rate

M

Month

SOFR

Secure

Overnight

Financing

Rate

*

Non-income

producing

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$52,081,138.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$1,680,858,522

or

68.9%

of

net

assets.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

o

Payment

in

Kind

Bond

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$14,535,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

3.000%

and

maturity

date

10/31/25,

valued

at

$14,825,775.

Inflation-Linked

Bond

Fund

June

30,

2022

Portfolio

of

investments

(unaudited)

288

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BONDS

-

99.4%

GOVERNMENT

BONDS

-

99.4%

AGENCY

SECURITIES

-

0

.4

%

$

1,434,602

HNA

LLC

2

.369

%

09/18/27

$

1,391,650‌

7,935,000

Montefiore

Medical

Center

2

.895

04/20/32

7,699,276‌

2,631,579

Reliance

Industries

Ltd

2

.444

01/15/26

2,588,722‌

TOTAL

AGENCY

SECURITIES

11,679,648‌

MORTGAGE

BACKED

-

2

.2

%

9,599,604

Government

National

Mortgage

Association

(GNMA)

3

.600

09/15/31

9,569,209‌

4,954,661

GNMA

3

.700

10/15/33

4,932,554‌

1,452,398

GNMA

3

.380

07/15/35

1,434,274‌

1,386,103

GNMA

3

.870

10/15/36

1,387,903‌

5,039,811

GNMA

3

.940

03/15/37

5,035,997‌

18,486,209

GNMA

1

.730

07/15/37

16,867,009‌

13,201,478

GNMA

1

.650

07/15/42

11,835,683‌

13,055,248

GNMA

2

.750

01/15/45

12,655,206‌

TOTAL

MORTGAGE

BACKED

63,717,835‌

U.S.

TREASURY

SECURITIES

-

96

.8

%

84,948,026

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.375

07/15/23

86,441,252‌

141,589,693

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.625

01/15/24

144,012,205‌

26,382,305

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.500

04/15/24

26,747,123‌

109,784,275

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

07/15/24

110,834,945‌

101,160,104

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

10/15/24

101,779,183‌

104,625,380

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.250

01/15/25

105,258,854‌

92,691,352

k

United

States

Treasury

Inflation

Indexed

Bonds

2

.375

01/15/25

98,218,436‌

34,744,799

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

04/15/25

34,761,764‌

140,133,642

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.375

07/15/25

141,536,803‌

125,142,991

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

10/15/25

125,045,223‌

113,305,985

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.625

01/15/26

114,574,776‌

57,685,837

k

United

States

Treasury

Inflation

Indexed

Bonds

2

.000

01/15/26

61,092,907‌

41,657,366

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

04/15/26

41,267,370‌

114,093,696

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

07/15/26

113,169,656‌

137,503,664

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

10/15/26

136,250,376‌

118,981,363

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.375

01/15/27

118,538,281‌

43,507,619

k

United

States

Treasury

Inflation

Indexed

Bonds

2

.375

01/15/27

47,248,255‌

15,356,400

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

04/15/27

15,119,455‌

104,974,184

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.375

07/15/27

104,592,833‌

144,469,418

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.500

01/15/28

143,481,834‌

24,235,208

k

United

States

Treasury

Inflation

Indexed

Bonds

1

.750

01/15/28

25,724,664‌

44,287,433

k

United

States

Treasury

Inflation

Indexed

Bonds

3

.625

04/15/28

51,726,338‌

81,460,746

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.750

07/15/28

82,043,063‌

84,396,286

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.875

01/15/29

85,183,106‌

49,389,345

k

United

States

Treasury

Inflation

Indexed

Bonds

2

.500

01/15/29

54,901,273‌

31,535,118

k

United

States

Treasury

Inflation

Indexed

Bonds

3

.875

04/15/29

38,073,316‌

59,293,126

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.250

07/15/29

57,492,329‌

66,473,645

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

01/15/30

63,448,575‌

117,832,015

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

07/15/30

112,370,010‌

86,611,200

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

01/15/31

82,379,882‌

129,889,974

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

07/15/31

123,498,643‌

4,020,048

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

01/15/32

3,815,827‌

51,651,966

k

United

States

Treasury

Inflation

Indexed

Bonds

3

.375

04/15/32

64,521,242‌

7,993,800

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

02/15/51

6,153,352‌

Portfolio

of

investments

(unaudited)

Inflation-Linked

Bond

Fund

June

30,

2022

289

TIAA-CREF

Funds

concluded

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

13,744,904

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

%

02/15/52

$

10,664,470‌

TOTAL

U.S.

TREASURY

SECURITIES

2,731,967,621‌

TOTAL

GOVERNMENT

BONDS

2,807,365,104‌

(Cost

$2,875,678,206)

TOTAL

BONDS

2,807,365,104‌

(Cost

$2,875,678,206)

REFERENCERATE

&

SPREAD

SHORT-TERM

INVESTMENTS

-

0.5%

REPURCHASE

AGREEMENT

-

0

.5

%

$

14,295,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

14,295,000‌

TOTAL

REPURCHASE

AGREEMENT

14,295,000‌

TOTAL

SHORT-TERM

INVESTMENTS

14,295,000‌

(Cost

$14,295,000)

TOTAL

INVESTMENTS

-

99.9%

2,821,660,104‌

(Cost

$2,889,973,206)

OTHER

ASSETS

&

LIABILITIES,

NET

-

0.1%

1,642,723‌

NET

ASSETS

-

100.0%

$

2,823,302,827‌

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$14,295,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

0.375%

and

maturity

date

11/30/25,

valued

at

$14,580,964.

Futures

contracts

outstanding

as

of

June

30,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

US

Ultra

Bond

(CBT)

(

50‌

)

09/21/22

 $

(

7,927,449‌

)

$

(

7,717,188‌

)

$

210,261‌

Short

Duration

Impact

Bond

Fund

June

30,

2022

Portfolio

of

investments

(unaudited)

290

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

3.7%

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.9

%

$

495,000

i

LTR

Intermediate

Holdings,

Inc

LIBOR  3M

+

4.500%

5

.506

%

05/05/28

$

452,098‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

452,098‌

UTILITIES

-

2

.8

%

461,237

i

Exgen

Renewables

IV

LLC

LIBOR  3M

+

2.500%

4

.080

12/15/27

443,710‌

1,000,000

i

TerraForm

Power

Operating

LLC

SOFR

3M

+

2.750%

4

.161

05/20/29

973,750‌

TOTAL

UTILITIES

1,417,460‌

TOTAL

BANK

LOAN

OBLIGATIONS

1,869,558‌

(Cost

$1,934,599)

BONDS

-

86.4%

CORPORATE

BONDS

-

24.1%

AUTOMOBILES

&

COMPONENTS

-

0

.4

%

200,000

Aptiv

plc

2

.396

02/18/25

191,000‌

TOTAL

AUTOMOBILES

&

COMPONENTS

191,000‌

BANKS

-

5

.2

%

250,000

Bank

of

America

Corp

0

.981

09/25/25

231,298‌

250,000

i

Bank

of

America

Corp

SOFR

+

0.970%

1

.959

07/22/27

238,337‌

500,000

i

Citigroup,

Inc

LIBOR

3

M

+

1.250%

3

.527

07/01/26

489,893‌

250,000

HSBC

Holdings

plc

3

.033

11/22/23

248,868‌

250,000

Lloyds

Banking

Group

plc

4

.500

11/04/24

249,384‌

250,000

National

Bank

of

Canada

0

.550

11/15/24

238,339‌

250,000

NatWest

Group

plc

2

.359

05/22/24

245,517‌

300,000

g,i

UBS

AG.

SOFR

+

0.450%

1

.619

08/09/24

297,962‌

400,000

g

USAA

Capital

Corp

1

.500

05/01/23

393,993‌

TOTAL

BANKS

2,633,591‌

CAPITAL

GOODS

-

1

.7

%

625,000

g

Korea

East-West

Power

Co

Ltd

3

.600

05/06/25

618,417‌

250,000

g,i

Siemens

Financieringsmaatschappij

NV

SOFR

+

0.430%

1

.876

03/11/24

247,827‌

TOTAL

CAPITAL

GOODS

866,244‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

1

.0

%

500,000

Council

Of

Europe

Development

Bank

3

.000

06/16/25

498,238‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

498,238‌

CONSUMER

SERVICES

-

2

.1

%

550,000

Nature

Conservancy

0

.467

07/01/23

533,555‌

260,000

i

Nature

Conservancy

LIBOR

3

M

+

1.080%

2

.366

02/01/24

258,885‌

300,000

Nature

Conservancy

2

.668

03/01/26

289,714‌

TOTAL

CONSUMER

SERVICES

1,082,154‌

DIVERSIFIED

FINANCIALS

-

5

.4

%

200,000

i

AerCap

Ireland

Capital

DAC

SOFR

+

0.680%

2

.193

09/29/23

197,262‌

395,000

g

Federation

des

Caisses

Desjardins

du

Quebec

0

.450

10/07/23

380,539‌

250,000

Goldman

Sachs

Group,

Inc

0

.855

02/12/26

227,439‌

500,000

Morgan

Stanley

0

.791

01/22/25

472,638‌

260,000

g

NongHyup

Bank

1

.250

07/20/25

240,205‌

250,000

Reinvestment

Fund,

Inc

3

.477

02/15/23

247,929‌

250,000

g,i

Societe

Generale

S.A.

SOFR

+

1.050%

1

.998

01/21/26

240,953‌

250,000

g

WLB

Asset

II

B

Pte

Ltd

3

.950

12/10/24

239,330‌

250,000

g

WLB

Asset

II

C

Pte

Ltd

3

.900

12/23/25

239,214‌

Portfolio

of

investments

(unaudited)

Short

Duration

Impact

Bond

Fund

June

30,

2022

291

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

250,000

g

WLB

Asset

II

Pte

Ltd

4

.000

%

01/14/24

$

245,262‌

TOTAL

DIVERSIFIED

FINANCIALS

2,730,771‌

ENERGY

-

0

.5

%

250,000

g

Aker

BP

ASA

2

.875

01/15/26

236,332‌

TOTAL

ENERGY

236,332‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.5

%

250,000

Unilever

Capital

Corp

0

.626

08/12/24

235,813‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

235,813‌

INSURANCE

-

0

.5

%

250,000

g

Five

Corners

Funding

Trust

4

.419

11/15/23

251,375‌

TOTAL

INSURANCE

251,375‌

MATERIALS

-

0

.5

%

250,000

Sonoco

Products

Co

1

.800

02/01/25

234,645‌

TOTAL

MATERIALS

234,645‌

REAL

ESTATE

-

1

.5

%

250,000

Brandywine

Operating

Partnership

LP

3

.950

02/15/23

249,396‌

300,000

Federal

Realty

Investment

Trust

1

.250

02/15/26

268,398‌

250,000

g

HAT

Holdings

I

LLC

3

.375

06/15/26

215,000‌

TOTAL

REAL

ESTATE

732,794‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.5

%

250,000

Apple,

Inc

2

.850

02/23/23

250,093‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

250,093‌

TELECOMMUNICATION

SERVICES

-

0

.5

%

250,000

i

Verizon

Communications,

Inc

SOFR

+

0.790%

2

.296

03/20/26

245,803‌

TOTAL

TELECOMMUNICATION

SERVICES

245,803‌

UTILITIES

-

3

.8

%

345,000

i

CenterPoint

Energy

Resources

Corp

LIBOR

3

M

+

0.500%

2

.111

03/02/23

344,030‌

292,050

g

India

Cleantech

Energy

4

.700

08/10/26

235,845‌

300,000

g

Korea

Hydro

&

Nuclear

Power

Co

Ltd

3

.750

07/25/23

301,482‌

300,000

National

Fuel

Gas

Co

5

.500

01/15/26

301,099‌

300,000

OGE

Energy

Corp

0

.703

05/26/23

292,337‌

470,000

SCE

Recovery

Funding

LLC

1

.977

11/15/28

443,669‌

TOTAL

UTILITIES

1,918,462‌

TOTAL

CORPORATE

BONDS

12,107,315‌

(Cost

$12,566,581)

GOVERNMENT

BONDS

-

40.8%

AGENCY

SECURITIES

-

9

.9

%

250,000

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

0

.375

05/05/23

244,683‌

250,000

FHLMC

1

.500

02/12/25

240,312‌

500,000

Federal

National

Mortgage

Association

(FNMA)

0

.250

07/10/23

486,747‌

959,564

Helios

Leasing

II

LLC

2

.668

03/18/25

948,949‌

615,563

Lulwa

Ltd

1

.831

03/26/25

601,334‌

209,933

Overseas

Private

Investment

Corp

(OPIC)

1

.790

10/15/29

197,447‌

527,382

Penta

Aircraft

Leasing

LLC

1

.691

04/29/25

514,470‌

1,000,000

Private

Export

Funding

Corp

(PEFCO)

2

.050

11/15/22

997,981‌

225,591

Thirax  LLC

0

.968

01/14/33

196,043‌

209,933

United

States

International

Development

Finance

Corp

1

.050

10/15/29

191,727‌

250,000

US

Department

of

Housing

and

Urban

Development

(HUD)

2

.618

08/01/23

248,755‌

Portfolio

of

investments

(unaudited)

Short

Duration

Impact

Bond

Fund

June

30,

2022

292

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

AGENCY

SECURITIES—continued

$

122,220

i

Washington

Aircraft

2

Co

Ltd

LIBOR

3

M

+

0.430%

2

.627

%

06/26/24

$

121,858‌

TOTAL

AGENCY

SECURITIES

4,990,306‌

DIVERSIFIED

FINANCIAL

SERVICES

-

1

.0

%

500,000

Kreditanstalt

fuer

Wiederaufbau

2

.000

09/29/22

499,866‌

TOTAL

DIVERSIFIED

FINANCIAL

SERVICES

499,866‌

FOREIGN

GOVERNMENT

BONDS

-

6

.3

%

250,000

Asian

Development

Bank

1

.875

08/10/22

249,991‌

500,000

g

European

Stability

Mechanism

1

.375

09/11/24

481,870‌

250,000

Inter-American

Investment

Corp

2

.625

04/22/25

245,869‌

250,000

International

Bank

for

Reconstruction

&

Development

0

.625

04/22/25

233,309‌

250,000

International

Bank

for

Reconstruction

&

Development

0

.000

03/31/27

228,728‌

500,000

g

International

Development

Association

2

.750

04/24/23

498,915‌

250,000

International

Finance

Corp

2

.000

10/24/22

249,695‌

235,000

g

Korea

Electric

Power

Corp

1

.125

06/15/25

217,565‌

250,000

g

Nederlandse

Waterschapsbank

NV

1

.750

01/15/25

241,764‌

500,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

3

.750

03/01/23

501,136‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

3,148,842‌

MORTGAGE

BACKED

-

0

.2

%

62,480

Federal

National

Mortgage

Association

(FNMA)

2

.500

10/01/36

59,733‌

33,225

Government

National

Mortgage

Association

(GNMA)

4

.000

12/20/44

33,493‌

TOTAL

MORTGAGE

BACKED

93,226‌

MUNICIPAL

BONDS

-

5

.4

%

45,000

g

California

Municipal

Finance

Authority

4

.250

11/01/23

44,653‌

440,000

California

Municipal

Finance

Authority

1

.622

08/15/25

409,870‌

200,000

City

of

Detroit

MI

2

.189

04/01/24

192,715‌

500,000

District

of

Columbia

3

.850

02/28/25

493,757‌

250,000

g

Florida

Development

Finance

Corp

6

.750

12/01/56

247,105‌

650,000

Morris

County

Improvement

Authority

0

.468

06/15/23

634,273‌

125,000

New

York

State

Energy

Research

&

Development

Authority

1

.624

10/01/22

124,473‌

250,000

Pharr

Economic

Development

Corp

3

.016

08/15/26

243,025‌

150,000

Redevelopment

Authority

of

the

City

of

Philadelphia

1

.377

09/01/25

138,685‌

200,000

g

Warm

Springs

Reservation

Confederated

Tribe

3

.050

11/01/24

197,535‌

TOTAL

MUNICIPAL

BONDS

2,726,091‌

U.S.

TREASURY

SECURITIES

-

18

.0

%

585,000

United

States

Treasury

Note

0

.125

10/31/22

581,146‌

1,500,000

United

States

Treasury

Note

2

.625

12/31/23

1,492,500‌

6,190,000

e

United

States

Treasury

Note

2

.500

05/31/24

6,134,145‌

245,000

United

States

Treasury

Note

2

.875

06/15/25

244,024‌

568,000

United

States

Treasury

Note

2

.625

05/31/27

557,261‌

TOTAL

U.S.

TREASURY

SECURITIES

9,009,076‌

TOTAL

GOVERNMENT

BONDS

20,467,407‌

(Cost

$20,762,423)

STRUCTURED

ASSETS

-

21.5%

ASSET

BACKED

-

14

.3

%

351,000

Delta

Air

Lines

Pass

Through

Trust

3

.204

04/25/24

339,278‌

Series

-

2019

1

(Class

AA)

220,103

Delta

Air

Lines

Pass

Through

Trust

2

.000

06/10/28

192,011‌

Series

-

2020

1

(Class

AA)

245,785

Delta

Air

Lines

Pass

Through

Trust

2

.500

06/10/28

215,214‌

Series

-

2020

1

(Class

A)

Portfolio

of

investments

(unaudited)

Short

Duration

Impact

Bond

Fund

June

30,

2022

293

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

307,286

g

GoodLeap

Sustainable

Home

Solutions

Trust

1

.930

%

07/20/48

$

261,726‌

Series

-

2021

4GS

(Class

A)

262,889

g

GoodLeap

Sustainable

Home

Solutions

Trust

2

.560

10/20/48

225,593‌

Series

-

2021

5CS

(Class

B)

134,391

g

HERO

Funding

Trust

4

.050

09/20/41

133,800‌

Series

-

2016

1A

(Class

A)

202,244

g

HERO

Funding

Trust

3

.910

09/20/42

198,874‌

Series

-

2016

3A

(Class

A2)

138,334

g

HERO

Funding

Trust

2

.720

09/20/57

129,791‌

Series

-

2020

1A

(Class

A)

140,548

g

Mosaic

Solar

Loan

Trust

2

.100

04/20/46

127,441‌

Series

-

2020

1A

(Class

A)

313,600

g

Mosaic

Solar

Loan

Trust

1

.440

08/20/46

271,531‌

Series

-

2020

2A

(Class

A)

372,028

g

Mosaic

Solar

Loan

Trust

1

.440

06/20/52

319,292‌

Series

-

2021

3A

(Class

A)

250,000

g

Mosaic

Solar

Loan

Trust

1

.770

06/20/52

220,089‌

Series

-

2021

3A

(Class

C)

32,161

g

Renew

3

.670

09/20/52

30,012‌

Series

-

2017

1A

(Class

A)

27,382,754

g,i

SLG

Office

Trust

0

.258

07/15/41

480,340‌

Series

-

2021

OVA

(Class

X)

270,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

1.955%

3

.279

11/15/36

256,029‌

Series

-

2021

LIH

(Class

C)

218,299

g

Sunnova

Helios

VII

Issuer

LLC

2

.030

10/20/48

193,124‌

Series

-

2021

C

(Class

A)

279,887

g

Sunnova

Helios

VIII

Issuer

LLC

2

.790

02/22/49

253,521‌

Series

-

2022

A

(Class

A)

466,424

g

Sunrun

Atlas

Issuer

LLC

3

.610

02/01/55

422,732‌

Series

-

2019

2

(Class

A)

384,056

g

Sunrun

Callisto

Issuer

LLC

3

.980

06/30/54

361,147‌

Series

-

2019

1A

(Class

A)

313,722

g

Sunrun

Callisto

Issuer

LLC

2

.270

01/30/57

262,973‌

Series

-

2021

2A

(Class

A)

250,000

g

Tesla

Auto

Lease

Trust

2

.200

11/21/22

249,711‌

Series

-

2019

A

(Class

A4)

250,000

g

Tesla

Auto

Lease

Trust

2

.330

02/20/24

244,224‌

Series

-

2020

A

(Class

D)

250,000

g

Tesla

Auto

Lease

Trust

0

.560

03/20/25

241,188‌

Series

-

2021

A

(Class

A3)

600,000

g

Tesla

Auto

Lease

Trust

0

.600

09/22/25

568,552‌

Series

-

2021

B

(Class

A3)

420,108

Toyota

Auto

Receivables

Owner

Trust

0

.140

01/16/24

418,134‌

Series

-

2021

B

(Class

A2)

549,009

g

Vivint

Colar

Financing

V

LLC

7

.370

04/30/48

538,506‌

Series

-

2018

1A

(Class

B)

TOTAL

ASSET

BACKED

7,154,833‌

OTHER

MORTGAGE

BACKED

-

7

.2

%

250,000

g,i

Alen

Mortgage

Trust

LIBOR

1

M

+

2.250%

3

.574

04/15/34

238,350‌

Series

-

2021

ACEN

(Class

C)

250,000

g,i

BX

TRUST

3

.369

01/17/39

239,769‌

Series

-

2022

AHP

(Class

C)

250,000

g,i

Cityline

Commercial

Mortgage

Trust

2

.871

11/10/31

243,653‌

Series

-

2016

CLNE

(Class

A)

40,000

g,i

Connecticut

Avenue

Securities

Trust

2

.576

12/25/41

35,619‌

Series

-

2021

R03

(Class

1M2)

250,000

g,i

DBUBS

Mortgage

Trust

3

.648

10/10/34

235,305‌

Series

-

2017

BRBK

(Class

D)

Portfolio

of

investments

(unaudited)

Short

Duration

Impact

Bond

Fund

June

30,

2022

294

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

28,344

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.576

%

01/25/34

$

27,330‌

Series

-

2021

DNA5

(Class

M2)

159,161

GS

Mortgage

Securities

Trust

2

.922

05/10/49

155,925‌

Series

-

2016

GS2

(Class

AAB)

250,000

g,i

MAD

Mortgage

Trust

3

.294

08/15/34

240,844‌

Series

-

2017

330M

(Class

A)

250,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.500%

2

.824

07/15/36

246,235‌

Series

-

2019

MILE

(Class

A)

250,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

2.200%

3

.524

07/15/36

244,250‌

Series

-

2019

MILE

(Class

C)

250,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

4.250%

5

.574

07/15/36

236,254‌

Series

-

2019

MILE

(Class

F)

17,058

g,i

OBX

Trust

LIBOR

1

M

+

0.650%

2

.274

06/25/57

16,692‌

Series

-

2018

1

(Class

A2)

250,000

g

One

Market

Plaza

Trust

3

.614

02/10/32

245,382‌

Series

-

2017

1MKT

(Class

A)

250,000

g

One

Market

Plaza

Trust

3

.845

02/10/32

242,240‌

Series

-

2017

1MKT

(Class

B)

500,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

1.257%

2

.581

11/15/36

477,719‌

Series

-

2021

LIH

(Class

AS)

500,000

g,i

STWD

Mortgage

Trust

LIBOR

1

M

+

1.656%

2

.980

11/15/36

476,023‌

Series

-

2021

LIH

(Class

B)

TOTAL

OTHER

MORTGAGE

BACKED

3,601,590‌

TOTAL

STRUCTURED

ASSETS

10,756,423‌

(Cost

$11,435,586)

TOTAL

BONDS

43,331,145‌

(Cost

$44,764,590)

REFERENCERATE

&

SPREAD

SHORT-TERM

INVESTMENTS

-

21.5%

REPURCHASE

AGREEMENT

-

9

.1

%

$

4,565,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

4,565,000‌

TOTAL

REPURCHASE

AGREEMENT

4,565,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

12

.4

%

6,205,752

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

6,205,752‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

6,205,752‌

TOTAL

SHORT-TERM

INVESTMENTS

10,770,752‌

(Cost

$10,770,752)

TOTAL

INVESTMENTS

-

111.6%

55,971,455‌

(Cost

$57,469,941)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(11.6)%

(

5,818,374‌

)

NET

ASSETS

-

100.0%

$

50,153,081‌

LIBOR

London

Interbank

Offered

Rate

M

Month

SOFR

Secure

Overnight

Financing

Rate

Portfolio

of

investments

(unaudited)

Short

Duration

Impact

Bond

Fund

June

30,

2022

295

TIAA-CREF

Funds

concluded

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$6,072,704.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$16,250,140

or

32.4%

of

net

assets.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$4,565,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

2.250%

and

maturity

date

11/15/25,

valued

at

$4,656,357.

Short-Term

Bond

Fund

June

30,

2022

Portfolio

of

investments

(unaudited)

296

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANK

LOAN

OBLIGATIONS

-

2.0%

CAPITAL

GOODS

-

0

.0

%

$

682,500

i

American

Builders

&

Contractors

Supply

Co,

Inc

LIBOR  1M

+

2.000%

3

.666

%

01/15/27

$

644,109‌

TOTAL

CAPITAL

GOODS

644,109‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.2

%

990,000

i

AECOM

LIBOR  1M

+

1.750%

3

.416

04/13/28

986,287‌

1,994,937

i

GFL

Environmental,

Inc

LIBOR

1

M

+

3.000%

3

.500

05/31/25

1,940,914‌

1,718,776

h,i

Prime

Security

Services

Borrower

LLC

LIBOR  3M

+

2.750%

3

.500

09/23/26

1,600,972‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

4,528,173‌

CONSUMER

SERVICES

-

0

.3

%

1,477,273

i

1011778

BC

ULC

LIBOR  1M

+

1.750%

3

.416

11/19/26

1,407,472‌

1,943,891

i

Hilton

Worldwide

Finance

LLC

LIBOR  1M

+

1.750%

3

.374

06/22/26

1,864,833‌

802,454

i

KFC

Holding

Co

LIBOR  1M

+

1.750%

3

.345

03/09/28

790,417‌

1,430,000

i

Wyndham

Hotels

&

Resorts,

Inc

LIBOR  1M

+

1.750%

3

.416

05/30/25

1,378,935‌

TOTAL

CONSUMER

SERVICES

5,441,657‌

FOOD

&

STAPLES

RETAILING

-

0

.1

%

1,000,000

h,i

US

Foods,

Inc

LIBOR  3M

+

2.750%

4

.325

11/22/28

950,250‌

TOTAL

FOOD

&

STAPLES

RETAILING

950,250‌

HOUSEHOLD

&

PERSONAL

PRODUCTS

-

0

.2

%

2,472,462

i

Energizer

Holdings,

Inc

LIBOR  1M

+

2.250%

3

.875

12/16/27

2,341,125‌

987,500

i

Spectrum

Brands,

Inc

LIBOR  1M

+

2.000%

3

.670

03/03/28

949,235‌

TOTAL

HOUSEHOLD

&

PERSONAL

PRODUCTS

3,290,360‌

MATERIALS

-

0

.1

%

1,791,687

i

Berry

Global,

Inc

LIBOR  1M

+

1.750%

3

.005

07/01/26

1,727,240‌

TOTAL

MATERIALS

1,727,240‌

MEDIA

&

ENTERTAINMENT

-

0

.4

%

1,365,556

i

CSC

Holdings

LLC

LIBOR  1M

+

2.250%

3

.574

07/17/25

1,267,236‌

1,500,000

i

Delta

2

Lux

Sarl

LIBOR  1M

+

2.500%

4

.166

02/01/24

1,459,500‌

1,500,000

h,i

Nascar

Holdings,

Inc

LIBOR

1

M

+

2.500%

4

.166

10/19/26

1,438,500‌

793,130

i

Nielsen

Finance

LLC

LIBOR  1M

+

2.000%

3

.190

10/04/23

787,554‌

2,413,570

i

Organon

&

Co

LIBOR  3M

+

3.000%

4

.625

06/02/28

2,318,041‌

1,290,299

i

Outfront

Media

Capital

LLC

LIBOR  1M

+

1.750%

3

.416

11/18/26

1,226,106‌

TOTAL

MEDIA

&

ENTERTAINMENT

8,496,937‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.2

%

1,000,000

i

Horizon

Therapeutics

USA,

Inc

LIBOR  1M

+

2.000%

3

.625

05/22/26

962,500‌

2,500,000

h,i

Jazz

Financing

Lux

Sarl

LIBOR  1M

+

3.500%

5

.166

05/05/28

2,380,075‌

1,000,000

h,i

Prestige

Brands,

Inc

LIBOR

3

M

+

2.000%

2

.000

01/26/24

991,530‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

4,334,105‌

SOFTWARE

&

SERVICES

-

0

.2

%

1,389,098

i

IQVIA,

Inc

LIBOR  1M

+

1.750%

3

.416

01/14/25

1,343,952‌

1,852,859

i

Open

Text

Corp

LIBOR  1M

+

1.750%

2

.810

05/30/25

1,845,133‌

462,235

i

SS&C

Technologies,

Inc

LIBOR  1M

+

1.750%

3

.416

04/16/25

438,258‌

375,236

i

SS&C

Technologies,

Inc

LIBOR

1

M

+

1.750%

3

.416

04/16/25

355,773‌

TOTAL

SOFTWARE

&

SERVICES

3,983,116‌

TRANSPORTATION

-

0

.2

%

1,799,673

i

Avis

Budget

Car

Rental

LLC

LIBOR  1M

+

1.750%

3

.420

08/06/27

1,699,845‌

1,496,250

i

Avis

Budget

Car

Rental

LLC

SOFR

+

3.500%

5

.125

03/16/29

1,428,919‌

TOTAL

TRANSPORTATION

3,128,764‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

297

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES

-

0

.1

%

$

1,500,000

i

Core

&

Main

LP

LIBOR

1

M

+

2.500%

4

.319

%

07/27/28

$

1,425,630‌

TOTAL

UTILITIES

1,425,630‌

TOTAL

BANK

LOAN

OBLIGATIONS

37,950,341‌

(Cost

$39,364,338)

BONDS

-

96.8%

CORPORATE

BONDS

-

33.7%

AUTOMOBILES

&

COMPONENTS

-

0

.2

%

2,725,000

g

Denso

Corp

1

.239

09/16/26

2,430,751‌

2,250,000

g

Hyundai

Capital

Services,

Inc

2

.125

04/24/25

2,125,516‌

TOTAL

AUTOMOBILES

&

COMPONENTS

4,556,267‌

BANKS

-

10

.6

%

2,100,000

g

Banco

de

Credito

del

Peru

2

.700

01/11/25

1,971,375‌

2,375,000

g

Banco

del

Estado

de

Chile

2

.704

01/09/25

2,245,738‌

2,855,000

g

Banco

do

Brasil

S.A.

3

.250

09/30/26

2,580,206‌

2,000,000

g

Banco

Santander

Chile

2

.700

01/10/25

1,913,200‌

750,000

g

Banco

Santander

Mexico

S.A.

4

.125

11/09/22

750,195‌

2,000,000

g

Banco

Santander

Mexico

S.A.

Institucion

de

Banca

Multiple

Grupo

Financiero

Santand

5

.375

04/17/25

2,006,580‌

5,000,000

Banco

Santander

S.A.

3

.496

03/24/25

4,884,049‌

5,125,000

Bancolombia

S.A.

3

.000

01/29/25

4,717,947‌

24,300,000

Bank

of

America

Corp

3

.004

12/20/23

24,220,341‌

5,000,000

Bank

of

America

Corp

0

.976

04/22/25

4,702,852‌

8,000,000

Bank

of

America

Corp

0

.981

09/25/25

7,401,528‌

5,000,000

Bank

of

America

Corp

3

.384

04/02/26

4,846,522‌

500,000

Citigroup,

Inc

0

.776

10/30/24

476,648‌

23,600,000

Citigroup,

Inc

0

.981

05/01/25

22,109,166‌

2,500,000

Citigroup,

Inc

1

.281

11/03/25

2,321,197‌

5,000,000

Cooperatieve

Rabobank

UA

0

.375

01/12/24

4,755,065‌

1,775,000

g

Development

Bank

of

Kazakhstan

JSC

5

.750

05/12/25

1,769,799‌

4,000,000

g

Dexia

Credit

Local

S.A.

2

.375

09/20/22

4,000,639‌

650,000

Discover

Bank

3

.350

02/06/23

650,024‌

1,250,000

HSBC

USA,

Inc

3

.500

06/23/24

1,241,957‌

1,445,000

JPMorgan

Chase

&

Co

3

.200

01/25/23

1,447,026‌

5,000,000

JPMorgan

Chase

&

Co

4

.023

12/05/24

4,982,858‌

725,000

JPMorgan

Chase

&

Co

0

.563

02/16/25

682,828‌

20,000,000

JPMorgan

Chase

&

Co

0

.824

06/01/25

18,690,056‌

14,000,000

JPMorgan

Chase

&

Co

4

.080

04/26/26

13,825,376‌

3,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.623

07/18/22

3,000,272‌

5,000,000

Mitsubishi

UFJ

Financial

Group,

Inc

0

.848

09/15/24

4,813,534‌

2,875,000

National

Bank

of

Canada

0

.550

11/15/24

2,740,903‌

5,000,000

NatWest

Group

plc

3

.875

09/12/23

4,983,517‌

1,625,000

NatWest

Group

plc

2

.359

05/22/24

1,595,862‌

5,000,000

g

Skandinaviska

Enskilda

Banken

AB

0

.550

09/01/23

4,832,301‌

5,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

0

.508

01/12/24

4,761,197‌

2,100,000

g

Svenska

Handelsbanken

AB

0

.625

06/30/23

2,040,067‌

3,000,000

Toronto-Dominion

Bank

0

.750

06/12/23

2,917,075‌

5,000,000

Toronto-Dominion

Bank

0

.450

09/11/23

4,836,252‌

1,680,000

Truist

Financial

Corp

3

.750

12/06/23

1,690,014‌

5,000,000

e,g

UBS

AG.

0

.450

02/09/24

4,740,105‌

4,000,000

g

United

Overseas

Bank

Ltd

1

.250

04/14/26

3,670,573‌

15,000,000

Wells

Fargo

&

Co

3

.908

04/25/26

14,752,281‌

TOTAL

BANKS

200,567,125‌

CAPITAL

GOODS

-

0

.9

%

3,721,000

Air

Lease

Corp

2

.250

01/15/23

3,683,201‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

298

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

CAPITAL

GOODS—continued

$

2,000,000

g

BOC

Aviation

Ltd

3

.500

%

10/10/24

$

1,978,180‌

5,000,000

Boeing

Co

1

.433

02/04/24

4,776,146‌

2,500,000

g

DAE

Funding

LLC

2

.625

03/20/25

2,315,645‌

1,875,000

g

Korea

East-West

Power

Co

Ltd

3

.600

05/06/25

1,855,251‌

272,000

Raytheon

Technologies

Corp

3

.650

08/16/23

271,714‌

3,000,000

g

TSMC

Global

Ltd

0

.750

09/28/25

2,733,547‌

TOTAL

CAPITAL

GOODS

17,613,684‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.1

%

2,000,000

ADT

Corp

4

.125

06/15/23

1,964,480‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

1,964,480‌

CONSUMER

DURABLES

&

APPAREL

-

0

.1

%

1,455,000

Lennar

Corp

4

.875

12/15/23

1,462,995‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

1,462,995‌

CONSUMER

SERVICES

-

0

.1

%

1,475,000

Hyatt

Hotels

Corp

1

.300

10/01/23

1,428,350‌

TOTAL

CONSUMER

SERVICES

1,428,350‌

DIVERSIFIED

FINANCIALS

-

7

.4

%

7,000,000

AerCap

Ireland

Capital

DAC

3

.150

02/15/24

6,774,485‌

15,000,000

AerCap

Ireland

Capital

DAC

1

.650

10/29/24

13,849,977‌

5,500,000

American

Express

Co

3

.375

05/03/24

5,460,416‌

3,000,000

American

Honda

Finance

Corp

0

.875

07/07/23

2,926,295‌

5,000,000

g

Banco

BTG

Pactual

S.A.

2

.750

01/11/26

4,442,250‌

4,000,000

Capital

One

Bank

USA

NA

3

.375

02/15/23

3,996,686‌

7,000,000

Capital

One

Financial

Corp

4

.166

05/09/25

6,897,491‌

5,000,000

Credit

Suisse

AG.

0

.495

02/02/24

4,712,854‌

2,950,000

Deutsche

Bank

AG.

0

.898

05/28/24

2,763,772‌

3,000,000

Discover

Financial

Services

3

.850

11/21/22

3,007,340‌

10,000,000

g

Federation

des

Caisses

Desjardins

du

Quebec

0

.700

05/21/24

9,398,102‌

5,000,000

General

Motors

Financial

Co,

Inc

3

.550

07/08/22

5,000,029‌

5,000,000

General

Motors

Financial

Co,

Inc

1

.700

08/18/23

4,874,908‌

3,910,000

General

Motors

Financial

Co,

Inc

3

.950

04/13/24

3,879,990‌

4,000,000

General

Motors

Financial

Co,

Inc

1

.200

10/15/24

3,719,643‌

3,000,000

Goldman

Sachs

Group,

Inc

0

.627

11/17/23

2,962,500‌

5,000,000

Goldman

Sachs

Group,

Inc

0

.673

03/08/24

4,884,826‌

5,000,000

Goldman

Sachs

Group,

Inc

0

.657

09/10/24

4,783,781‌

6,105,000

Morgan

Stanley

3

.125

01/23/23

6,102,898‌

5,000,000

Morgan

Stanley

0

.529

01/25/24

4,901,287‌

4,175,000

Morgan

Stanley

0

.731

04/05/24

4,070,090‌

4,000,000

Morgan

Stanley

3

.620

04/17/25

3,948,784‌

5,000,000

Morgan

Stanley

0

.790

05/30/25

4,654,580‌

5,000,000

Morgan

Stanley

1

.164

10/21/25

4,632,358‌

2,775,000

Morgan

Stanley

1

.512

07/20/27

2,433,758‌

2,700,000

g

NatWest

Markets

plc

0

.800

08/12/24

2,506,247‌

3,000,000

Toronto-Dominion

Bank

3

.766

06/06/25

2,982,967‌

4,500,000

Toyota

Motor

Credit

Corp

0

.500

08/14/23

4,363,506‌

4,725,000

g

UBS

Group

AG

1

.008

07/30/24

4,575,195‌

2,000,000

g

United

Overseas

Bank

Ltd

3

.059

04/07/25

1,974,077‌

TOTAL

DIVERSIFIED

FINANCIALS

141,481,092‌

ENERGY

-

2

.0

%

3,000,000

e

Canadian

Natural

Resources

Ltd

2

.050

07/15/25

2,806,743‌

5,000,000

Enbridge,

Inc

0

.550

10/04/23

4,814,978‌

2,230,000

g

Energean

Israel

Finance

Ltd

4

.500

03/30/24

2,094,767‌

5,000,000

Energy

Transfer

Operating

LP

4

.500

04/15/24

5,002,284‌

3,500,000

g

Leviathan

Bond

Ltd

5

.750

06/30/23

3,448,519‌

1,000,000

Marathon

Petroleum

Corp

4

.700

05/01/25

1,011,708‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

299

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

4,000,000

MPLX

LP

3

.375

%

03/15/23

$

3,988,854‌

132,500

Petroleos

Mexicanos

2

.000

12/20/22

131,937‌

2,000,000

e

Petroleos

Mexicanos

3

.500

01/30/23

1,967,500‌

417,000

Petroleos

Mexicanos

2

.378

04/15/25

410,979‌

1,000,000

Petroleos

Mexicanos

4

.500

01/23/26

859,610‌

1,350,000

Phillips

66

0

.900

02/15/24

1,285,513‌

5,000,000

g

Saudi

Arabian

Oil

Co

2

.875

04/16/24

4,903,087‌

5,000,000

TransCanada

PipeLines

Ltd

1

.000

10/12/24

4,663,712‌

TOTAL

ENERGY

37,390,191‌

FOOD

&

STAPLES

RETAILING

-

0

.3

%

5,000,000

Walmart,

Inc

2

.350

12/15/22

4,996,645‌

TOTAL

FOOD

&

STAPLES

RETAILING

4,996,645‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.4

%

1,850,000

BAT

Capital

Corp

3

.222

08/15/24

1,798,211‌

2,450,000

ConAgra

Brands,

Inc

0

.500

08/11/23

2,361,519‌

3,000,000

Constellation

Brands,

Inc

3

.600

05/09/24

2,988,830‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

7,148,560‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0

.8

%

4,925,000

CVS

Health

Corp

2

.625

08/15/24

4,814,804‌

3,300,000

Humana,

Inc

0

.650

08/03/23

3,192,562‌

5,000,000

PerkinElmer,

Inc

0

.550

09/15/23

4,814,878‌

2,950,000

Zimmer

Biomet

Holdings,

Inc

1

.450

11/22/24

2,777,074‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

15,599,318‌

INSURANCE

-

0

.7

%

3,000,000

g

MassMutual

Global

Funding

II

0

.850

06/09/23

2,930,992‌

3,000,000

g

Principal

Life

Global

Funding

II

0

.750

04/12/24

2,837,159‌

2,500,000

Principal

Life

Global

Funding

II

0

.875

01/12/26

2,213,631‌

5,000,000

g

Protective

Life

Global

Funding

0

.473

01/12/24

4,755,501‌

TOTAL

INSURANCE

12,737,283‌

MATERIALS

-

0

.9

%

6,250,000

Berry

Global,

Inc

0

.950

02/15/24

5,920,040‌

1,200,000

g

Freeport

Indonesia

PT

4

.763

04/14/27

1,148,400‌

1,225,000

g

Orbia

Advance

Corp

SAB

de

C.V.

1

.875

05/11/26

1,093,312‌

1,550,000

g

SABIC

Capital

II

BV

4

.000

10/10/23

1,550,825‌

3,000,000

Sasol

Financing

International

plc

4

.500

11/14/22

2,978,910‌

2,000,000

Westlake

Chemical

Corp

0

.875

08/15/24

1,908,801‌

3,000,000

WRKCo,

Inc

3

.000

09/15/24

2,931,386‌

TOTAL

MATERIALS

17,531,674‌

MEDIA

&

ENTERTAINMENT

-

1

.2

%

5,000,000

Charter

Communications

Operating

LLC

4

.500

02/01/24

5,029,587‌

3,250,000

DH

Europe

Finance

II

Sarl

2

.200

11/15/24

3,117,617‌

6,875,000

g

Magallanes,

Inc

3

.638

03/15/25

6,658,503‌

3,400,000

g

Misc

Capital

Two

Labuan

Ltd

3

.625

04/06/25

3,307,554‌

1,075,000

TSMC

Arizona

Corp

1

.750

10/25/26

988,541‌

1,325,000

TSMC

Arizona

Corp

3

.875

04/22/27

1,320,504‌

3,000,000

Walt

Disney

Co

1

.650

09/01/22

2,996,516‌

TOTAL

MEDIA

&

ENTERTAINMENT

23,418,822‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

1

.5

%

13,000,000

AbbVie,

Inc

2

.300

11/21/22

12,974,133‌

4,450,000

AbbVie,

Inc

3

.800

03/15/25

4,414,377‌

4,406,000

Gilead

Sciences,

Inc

0

.750

09/29/23

4,263,469‌

5,000,000

Takeda

Pharmaceutical

Co

Ltd

4

.400

11/26/23

5,037,400‌

2,000,000

Teva

Pharmaceutical

Finance

Co

BV

2

.950

12/18/22

1,970,000‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

300

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES—continued

$

1,045,000

Teva

Pharmaceutical

Finance

Netherlands

III

BV

4

.750

%

05/09/27

$

892,554‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

29,551,933‌

REAL

ESTATE

-

1

.7

%

2,000,000

American

Tower

Corp

3

.375

05/15/24

1,970,770‌

1,450,000

AvalonBay

Communities,

Inc

3

.500

11/15/24

1,432,569‌

2,600,000

Boston

Properties

LP

3

.125

09/01/23

2,581,178‌

1,044,000

Brandywine

Operating

Partnership

LP

4

.100

10/01/24

1,033,994‌

3,000,000

Brixmor

Operating

Partnership

LP

3

.650

06/15/24

2,956,531‌

5,000,000

e

Essex

Portfolio

LP

3

.875

05/01/24

4,985,330‌

410,000

Federal

Realty

Investment

Trust

3

.950

01/15/24

409,132‌

850,000

Highwoods

Realty

LP

3

.625

01/15/23

850,587‌

1,665,000

g

SBA

Tower

Trust

2

.836

01/15/25

1,606,864‌

13,365,000

g

SBA

Tower

Trust

1

.884

01/15/26

12,341,627‌

2,500,000

g

SBA

Tower

Trust

1

.631

11/15/26

2,236,334‌

TOTAL

REAL

ESTATE

32,404,916‌

RETAILING

-

0

.6

%

1,150,000

Genuine

Parts

Co

1

.750

02/01/25

1,083,495‌

5,000,000

g

GSK

Consumer

Healthcare

Capital

UK

plc

3

.125

03/24/25

4,869,270‌

2,150,000

g

Kia

Corp

1

.000

04/16/24

2,046,871‌

1,335,000

g

Kia

Corp

2

.375

02/14/25

1,276,864‌

1,600,000

g

Volkswagen

Group

of

America

Finance

LLC

3

.125

05/12/23

1,588,543‌

TOTAL

RETAILING

10,865,043‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.4

%

5,000,000

NVIDIA

Corp

0

.584

06/14/24

4,746,369‌

3,000,000

g

SK

Hynix,

Inc

1

.500

01/19/26

2,696,310‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

7,442,679‌

SOFTWARE

&

SERVICES

-

1

.2

%

5,000,000

Adobe,

Inc

1

.900

02/01/25

4,814,432‌

5,000,000

Fidelity

National

Information

Services,

Inc

0

.600

03/01/24

4,732,447‌

5,146,000

Fiserv,

Inc

3

.500

10/01/22

5,146,000‌

2,100,000

g

HCL

America,

Inc

1

.375

03/10/26

1,889,617‌

3,000,000

g

Prosus

NV

3

.257

01/19/27

2,607,237‌

3,000,000

Take-Two

Interactive

Software,

Inc

3

.300

03/28/24

2,959,988‌

TOTAL

SOFTWARE

&

SERVICES

22,149,721‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.1

%

1,850,000

e

Apple,

Inc

1

.700

09/11/22

1,851,020‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

1,851,020‌

TELECOMMUNICATION

SERVICES

-

0

.3

%

5,000,000

T-Mobile

USA,

Inc

3

.500

04/15/25

4,890,200‌

TOTAL

TELECOMMUNICATION

SERVICES

4,890,200‌

TRANSPORTATION

-

0

.5

%

5,000,000

Canadian

Pacific

Railway

Co

1

.350

12/02/24

4,703,517‌

3,000,000

g

Grupo

Aeromexico

SAB

de

C.V.

8

.500

03/17/27

2,884,865‌

3,000,000

g

Transnet

SOC

Ltd

4

.000

07/26/22

2,861,400‌

TOTAL

TRANSPORTATION

10,449,782‌

UTILITIES

-

1

.7

%

2,000,000

g

AIG

Global

Funding

0

.800

07/07/23

1,943,246‌

3,000,000

Atmos

Energy

Corp

0

.625

03/09/23

2,946,743‌

3,225,000

Consumers

Energy

Co

0

.350

06/01/23

3,135,823‌

3,000,000

DTE

Energy

Co

2

.250

11/01/22

2,993,854‌

4,775,000

Enbridge,

Inc

2

.500

02/14/25

4,583,596‌

2,000,000

g

Hanwha

Energy

USA

Holdings

Corp

2

.375

07/30/22

1,998,356‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

301

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

UTILITIES—continued

$

5,000,000

NextEra

Energy

Capital

Holdings,

Inc

0

.650

%

03/01/23

$

4,914,143‌

5,000,000

g

Southern

Natural

Gas

Co

LLC

0

.625

04/28/23

4,849,495‌

3,000,000

g

Tengizchevroil

Finance

Co

International

Ltd

2

.625

08/15/25

2,549,451‌

2,020,000

WEC

Energy

Group,

Inc

0

.550

09/15/23

1,951,385‌

TOTAL

UTILITIES

31,866,092‌

TOTAL

CORPORATE

BONDS

639,367,872‌

(Cost

$666,162,675)

GOVERNMENT

BONDS

-

39.4%

AGENCY

SECURITIES

-

1

.1

%

2,235,000

Montefiore

Medical

Center

2

.152

10/20/26

2,196,288‌

5,900,000

Private

Export

Funding

Corp

(PEFCO)

1

.750

11/15/24

5,693,249‌

4,210,526

Reliance

Industries

Ltd

1

.870

01/15/26

4,101,049‌

4,000,000

Reliance

Industries

Ltd

2

.060

01/15/26

3,909,002‌

5,263,158

Reliance

Industries

Ltd

2

.444

01/15/26

5,177,445‌

226,732

San

Clemente

Leasing

LLC

3

.030

11/22/22

226,784‌

TOTAL

AGENCY

SECURITIES

21,303,817‌

FOREIGN

GOVERNMENT

BONDS

-

9

.0

%

1,450,000

g

African

Export-Import

Bank

2

.634

05/17/26

1,279,514‌

3,325,000

g

Arab

Petroleum

Investments

Corp

4

.125

09/18/23

3,342,074‌

7,000,000

g

Bermuda

Government

International

Bond

4

.138

01/03/23

7,003,487‌

3,000,000

g

BNG

Bank

NV

0

.875

05/18/26

2,743,681‌

3,250,000

Brazilian

Government

International

Bond

2

.625

01/05/23

3,235,830‌

2,500,000

Brazilian

Government

International

Bond

2

.875

06/06/25

2,356,878‌

5,000,000

g

Caisse

d'Amortissement

de

la

Dette

Sociale

0

.375

09/23/25

4,566,937‌

10,000,000

g

CDP

Financial,

Inc

0

.875

06/10/25

9,322,012‌

2,500,000

g

Development

Bank

of

Japan,

Inc

0

.500

03/04/24

2,390,063‌

1,725,000

g

Egypt

Government

International

Bond

5

.577

02/21/23

1,689,048‌

1,500,000

g

Egypt

Government

International

Bond

4

.550

11/20/23

1,410,515‌

3,200,000

Export-Import

Bank

of

India

4

.000

01/14/23

3,202,804‌

1,000,050

g

Honduras

Government

International

Bond

7

.500

03/15/24

938,047‌

8,900,000

g

International

Development

Association

2

.750

04/24/23

8,880,687‌

6,100,000

Japan

Bank

for

International

Cooperation

1

.750

01/23/23

6,073,208‌

6,650,000

g

Japan

Finance

Organization

for

Municipalities

3

.375

09/27/23

6,662,344‌

1,560,000

g

Kommunalbanken

AS.

2

.750

02/05/24

1,551,734‌

10,000,000

g

Kommunalbanken

AS.

0

.375

09/11/25

9,155,344‌

5,400,000

g

Kommuninvest

I

Sverige

AB

0

.250

12/01/22

5,347,148‌

1,200,000

g

Kommuninvest

I

Sverige

AB

2

.875

07/03/24

1,191,847‌

3,000,000

g

Korea

Electric

Power

Corp

3

.625

06/14/25

2,985,609‌

1,875,000

g

Korea

Housing

Finance

Corp

3

.000

10/31/22

1,874,531‌

2,800,000

g

Korea

Hydro

&

Nuclear

Power

Co

Ltd

1

.250

04/27/26

2,549,271‌

12,000,000

i

Kreditanstalt

fuer

Wiederaufbau

SOFR

+

1.000%

2

.169

02/12/24

12,170,220‌

10,000,000

e

Mexico

Government

International

Bond

2

.659

05/24/31

8,229,784‌

2,025,000

g

Morocco

Government

International

Bond

4

.250

12/11/22

2,023,259‌

3,000,000

g

Morocco

Government

International

Bond

2

.375

12/15/27

2,420,871‌

5,950,000

g

OMERS

Finance

Trust

2

.500

05/02/24

5,876,770‌

5,000,000

g

Ontario

Teachers'

Finance

Trust

1

.625

09/12/24

4,835,650‌

5,000,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

3

.750

03/01/23

5,011,363‌

3,400,000

g

Perusahaan

Penerbit

SBSN

Indonesia

III

3

.900

08/20/24

3,406,494‌

5,400,000

e

Province

of

British

Columbia

Canada

1

.300

01/29/31

4,547,144‌

5,000,000

Province

of

Quebec

Canada

1

.900

04/21/31

4,400,852‌

3,000,000

g

Qatar

Government

International

Bond

3

.375

03/14/24

2,987,965‌

4,000,000

g

Qatar

Government

International

Bond

4

.000

03/14/29

4,038,916‌

6,800,000

Republic

of

Italy

Government

International

Bond

2

.375

10/17/24

6,575,898‌

1,500,000

g

Republic

of

Paraguay

Government

International

Bond

4

.625

01/25/23

1,501,545‌

2,000,000

g

Republic

of

Uzbekistan

International

Bond

4

.750

02/20/24

1,907,139‌

5,200,000

g

Saudi

Government

International

Bond

3

.250

10/26/26

5,082,552‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

302

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

1,540,000

Svensk

Exportkredit

AB

1

.750

%

12/12/23

$

1,512,049‌

5,000,000

Svensk

Exportkredit

AB

0

.500

08/26/25

4,612,149‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

170,893,233‌

MORTGAGE

BACKED

-

5

.1

%

1,500,000

g,i

Connecticut

Avenue

Securities

Trust

2

.826

12/25/41

1,351,289‌

4,000,000

g,i

Connecticut

Avenue

Securities

Trust

4

.026

03/25/42

3,740,354‌

6,000,000

g,i

Fannie

CAS

5

.576

06/25/42

6,022,500‌

64

Federal

National

Mortgage

Association

(FNMA)

5

.500

09/25/22

65‌

6,225,000

g,i

Freddie

Mac

STACR

REMIC

Trust

3

.176

08/25/33

6,114,427‌

15,000,000

g,i

Freddie

Mac

STACR

REMIC

Trust

1

.926

01/25/42

14,472,675‌

20,000,000

g,i

Freddie

Mac

STACR

REMIC

Trust

4

.276

05/25/42

19,013,890‌

7,537,569

Government

National

Mortgage

Association

(GNMA)

2

.000

05/15/31

7,176,595‌

18,486,209

GNMA

1

.730

07/15/37

16,867,009‌

21,269,189

GNMA

4

.250

09/15/38

21,512,728‌

TOTAL

MORTGAGE

BACKED

96,271,532‌

MUNICIPAL

BONDS

-

0

.8

%

11,755,000

City

of

New

York

NY

2

.280

08/01/25

11,302,491‌

6,000,000

Massachusetts

Water

Resources

Authority

3

.104

08/01/39

5,118,931‌

TOTAL

MUNICIPAL

BONDS

16,421,422‌

U.S.

TREASURY

SECURITIES

-

23

.4

%

12,522,900

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

01/15/23

12,734,224‌

30,041,385

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.625

01/15/24

30,555,374‌

40,113,500

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.500

04/15/24

40,668,194‌

13,390,850

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

07/15/24

13,519,005‌

16,899,600

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

10/15/24

17,003,022‌

24,758,120

k

United

States

Treasury

Inflation

Indexed

Bonds

2

.000

01/15/26

26,220,396‌

29,759,670

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

04/15/26

29,481,061‌

3,173,430

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

10/15/26

3,144,506‌

5,118,800

k

United

States

Treasury

Inflation

Indexed

Bonds

0

.125

04/15/27

5,039,818‌

28,000,000

United

States

Treasury

Note

1

.500

09/15/22

27,990,301‌

2,500,000

United

States

Treasury

Note

0

.125

01/31/23

2,464,746‌

25,995,000

United

States

Treasury

Note

0

.125

03/31/23

25,490,332‌

5,200,000

United

States

Treasury

Note

0

.125

05/31/23

5,071,219‌

46,100,000

United

States

Treasury

Note

0

.125

08/31/23

44,599,949‌

9,705,000

United

States

Treasury

Note

0

.250

09/30/23

9,385,038‌

69,630,000

e

United

States

Treasury

Note

2

.500

05/31/24

69,001,698‌

10,000,000

United

States

Treasury

Note

1

.750

03/15/25

9,667,578‌

34,174,000

United

States

Treasury

Note

2

.875

06/15/25

34,037,838‌

26,697,000

United

States

Treasury

Note

2

.625

05/31/27

26,192,260‌

12,275,000

United

States

Treasury

Note

2

.875

05/15/32

12,136,906‌

TOTAL

U.S.

TREASURY

SECURITIES

444,403,465‌

TOTAL

GOVERNMENT

BONDS

749,293,469‌

(Cost

$774,299,041)

STRUCTURED

ASSETS

-

23.7%

ASSET

BACKED

-

8

.7

%

82,754

Aames

Mortgage

Trust

(Step

Bond)

7

.396

06/25/32

81,577‌

Series

-

2002

1

(Class

A3)

55,677

†,g

Asset

Backed

Funding

Corp

NIM

Trust

5

.900

07/26/35

1‌

Series

-

2005

WMC1

(Class

N1)

1,229,799

i

Asset

Backed

Securities

Corp

Home

Equity

Loan

Trust

LIBOR

1

M

+

1.650%

2

.974

03/15/32

1,206,672‌

Series

-

2002

HE1

(Class

M1)

4,214,000

i

Bayview

Financial

Mortgage

Pass-Through

Trust

LIBOR

1

M

+

1.125%

2

.758

02/28/41

4,148,305‌

Series

-

2006

A

(Class

M4)

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

303

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

1,961,495

g

Capital

Automotive

REIT

1

.440

%

08/15/51

$

1,729,258‌

Series

-

2021

1A

(Class

A1)

2,114,559

g

Capital

Automotive

REIT

1

.920

08/15/51

1,848,230‌

Series

-

2021

1A

(Class

A3)

17,507

CarMax

Auto

Owner

Trust

3

.360

09/15/23

17,525‌

Series

-

2018

4

(Class

A3)

136,818

CarMax

Auto

Owner

Trust

3

.050

03/15/24

136,986‌

Series

-

2019

1

(Class

A3)

8,600,000

CarMax

Auto

Owner

Trust

0

.740

10/15/26

7,948,713‌

Series

-

2021

1

(Class

B)

7,000,000

CarMax

Auto

Owner

Trust

1

.000

03/15/27

6,519,559‌

Series

-

2021

3

(Class

B)

1,422

Centex

Home

Equity

5

.540

01/25/32

1,418‌

Series

-

2002

A

(Class

AF6)

51,328

i

Centex

Home

Equity

LIBOR

1

M

+

0.645%

2

.269

03/25/34

49,155‌

Series

-

2004

B

(Class

M1)

9,803,362

g

CF

Hippolyta

LLC

1

.690

07/15/60

8,883,179‌

Series

-

2020

1

(Class

A1)

122,341

i

Chase

Funding

Mortgage

Loan

Asset-Backed

Certificates

5

.700

02/26/35

117,020‌

Series

-

2004

2

(Class

1M2)

2,540,000

CNH

Equipment

Trust

0

.900

01/16/29

2,288,469‌

Series

-

2021

B

(Class

B)

4,269

g

Credit-Based

Asset

Servicing

&

Securitization

LLC

(Step

Bond)

4

.702

12/25/37

4,247‌

Series

-

2007

SP1

(Class

A4)

6,766,000

g

DB

Master

Finance

LLC

2

.045

11/20/51

6,007,227‌

Series

-

2021

1A

(Class

A2I)

10,890,000

g

Domino's

Pizza

Master

Issuer

LLC

2

.662

04/25/51

9,492,149‌

Series

-

2021

1A

(Class

A2I)

3,930,211

g

FCI

Funding

LLC

1

.130

04/15/33

3,845,645‌

Series

-

2021

1A

(Class

A)

2,886,136

g

FNA

VI

LLC

1

.350

01/10/32

2,695,509‌

Series

-

2021

1A

(Class

A)

4,500,000

Ford

Credit

Auto

Owner

Trust

0

.700

10/15/26

4,164,057‌

Series

-

2021

A

(Class

B)

1,500,000

g

Ford

Credit

Auto

Owner

Trust

1

.610

10/17/33

1,339,372‌

Series

-

2021

1

(Class

B)

3,350,000

GM

Financial

Consumer

Automobile

Receivables

Trust

0

.750

05/17/27

3,126,684‌

Series

-

2021

1

(Class

B)

6,500,000

g

Hyundai

Auto

Lease

Securitization

Trust

0

.610

10/15/25

6,308,592‌

Series

-

2021

A

(Class

B)

1,000,000

g,i

Irvine

Core

Office

Trust

3

.279

05/15/48

989,552‌

Series

-

2013

IRV

(Class

A2)

6,100,000

g,i

MSCG

Trust

3

.577

06/07/35

5,281,603‌

Series

-

2015

ALDR

(Class

C)

3,078,545

g

Navient

Private

Education

Refi

Loan

Trust

0

.840

05/15/69

2,817,868‌

Series

-

2021

A

(Class

A)

3,000,000

g

Oportun

Funding

XIV

LLC

1

.210

03/08/28

2,807,900‌

Series

-

2021

A

(Class

A)

2,000,000

g

Oportun

Issuance

Trust

1

.960

05/08/31

1,836,619‌

Series

-

2021

B

(Class

B)

1,103,354

i

Park

Place

Securities,

Inc

LIBOR

1

M

+

1.245%

2

.869

01/25/36

1,095,378‌

Series

-

2005

WCH1

(Class

M4)

7,000,000

g

PFS

Financing

Corp

0

.710

04/15/26

6,554,289‌

Series

-

2021

A

(Class

A)

5,500,000

g

Santander

Consumer

Auto

Receivables

Trust

0

.710

08/17/26

5,122,901‌

Series

-

2021

AA

(Class

B)

7,203,341

SCE

Recovery

Funding

LLC

0

.861

11/15/31

6,315,600‌

2,468,750

g

ServiceMaster

Funding

LLC

2

.841

10/30/51

2,124,663‌

Series

-

2020

1

(Class

A2I)

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

304

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ASSET

BACKED—continued

$

5,692,500

g

SERVPRO

Master

Issuer

LLC

2

.394

%

04/25/51

$

4,874,135‌

Series

-

2021

1A

(Class

A2)

2,472,211

g

Sierra

Timeshare

Receivables

Funding

LLC

0

.990

11/20/37

2,334,748‌

Series

-

2021

1A

(Class

A)

54,055

g

SoFi

Professional

Loan

Program

LLC

2

.360

12/27/32

54,033‌

Series

-

2016

C

(Class

A2B)

313,650

g

SoFi

Professional

Loan

Program

LLC

2

.340

04/25/33

311,041‌

Series

-

2016

D

(Class

A2B)

103,808

g

SoFi

Professional

Loan

Program

LLC

2

.630

07/25/40

102,795‌

Series

-

2017

C

(Class

A2B)

3,750,000

g

Stack

Infrastructure

Issuer

LLC

1

.893

08/25/45

3,442,205‌

Series

-

2020

1A

(Class

A2)

12,775,800

g

Taco

Bell

Funding

LLC

1

.946

08/25/51

11,130,481‌

Series

-

2021

1A

(Class

A2I)

8,799,114

g

TES

LLC

4

.330

10/20/47

8,242,275‌

Series

-

2017

1A

(Class

A)

5,000,000

g

Tesla

Auto

Lease

Trust

1

.020

03/20/25

4,749,748‌

Series

-

2021

A

(Class

B)

10,185,000

Verizon

Master

Trust

0

.890

05/20/27

9,515,325‌

Series

-

2021

1

(Class

C)

10,000,000

Verizon

Owner

Trust

0

.680

02/20/25

9,600,180‌

Series

-

2020

B

(Class

B)

5,751,900

g

Wendy's

Funding

LLC

2

.370

06/15/51

4,875,316‌

Series

-

2021

1A

(Class

A2I)

TOTAL

ASSET

BACKED

166,138,204‌

OTHER

MORTGAGE

BACKED

-

15

.0

%

3,636,582

g,i

ACRE

Commercial

Mortgage

Ltd

LIBOR

1

M

+

0.830%

2

.442

12/18/37

3,563,519‌

Series

-

2021

FL4

(Class

A)

5,242,000

g,i

Angel

Oak

Mortgage

Trust

3

.161

12/25/59

4,907,710‌

Series

-

2020

1

(Class

M1)

7,500,000

g,i

BAMLL

Commercial

Mortgage

Securities

Trust

3

.429

01/15/39

7,208,630‌

Series

-

2022

DKLX

(Class

C)

4,119,000

g,i

BBCMS

Trust

LIBOR

1

M

+

1.000%

2

.324

07/15/37

4,006,586‌

Series

-

2018

CBM

(Class

A)

315,326

i

Bear

Stearns

ALT-A

Trust

LIBOR

1

M

+

0.600%

2

.224

06/25/34

315,767‌

Series

-

2004

4

(Class

A1)

1,280,510

g,i

BHP

Trust

LIBOR

1

M

+

0.975%

2

.299

08/15/36

1,241,902‌

Series

-

2019

BXHP

(Class

A)

3,060,000

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.250%

2

.574

10/15/36

2,967,632‌

Series

-

2019

XL

(Class

C)

4,667,310

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

0.998%

2

.322

10/15/38

4,409,462‌

Series

-

2021

XL2

(Class

B)

7,887,754

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.197%

2

.521

10/15/38

7,432,211‌

Series

-

2021

XL2

(Class

C)

1,400,193

g,i

BX

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.846%

3

.170

10/15/38

1,314,059‌

Series

-

2021

XL2

(Class

E)

1,000,000

g,i

BX

Commercial

Mortgage

Trust

3

.119

01/17/39

962,509‌

Series

-

2022

AHP

(Class

B)

1,400,738

g,i

BX

TRUST

2

.896

02/15/39

1,316,791‌

Series

-

2022

LP2

(Class

C)

3,954,112

g,i

Chase

Mortgage

Trust

3

.750

12/25/45

3,688,205‌

Series

-

2016

SH2

(Class

M2)

21,649

Citicorp

Mortgage

Securities

Trust

5

.500

02/25/26

21,217‌

Series

-

2006

1

(Class

5A1)

1,400,000

i

Citigroup

Commercial

Mortgage

Trust

4

.134

04/10/46

1,383,375‌

Series

-

2013

GC11

(Class

C)

1,023,474

g,i

Citigroup

Mortgage

Loan

Trust

LIBOR

1

M

+

0.290%

2

.631

09/25/36

997,003‌

Series

-

2006

AMC1

(Class

A1)

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

305

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

3,000,000

g

COMM

Mortgage

Trust

3

.376

%

01/10/39

$

2,721,501‌

Series

-

2022

HC

(Class

C)

3,623,360

g

COMM

Mortgage

Trust

3

.397

03/10/46

3,574,902‌

Series

-

2013

CR6

(Class

B)

1,600,000

g,i

COMM

Mortgage

Trust

5

.063

08/10/46

1,579,244‌

Series

-

2013

CR10

(Class

C)

2,983,000

g,i

COMM

Mortgage

Trust

5

.063

08/10/46

2,875,795‌

Series

-

2013

CR10

(Class

D)

2,014,904

COMM

Mortgage

Trust

4

.701

03/10/47

1,996,743‌

Series

-

2014

UBS2

(Class

B)

2,000,000

i

COMM

Mortgage

Trust

4

.703

08/10/47

1,985,010‌

Series

-

2014

CR19

(Class

B)

1,000,000

g,i

COMM

Mortgage

Trust

4

.854

08/10/47

914,621‌

Series

-

2014

CR19

(Class

D)

4,115,000

i

COMM

Mortgage

Trust

4

.477

07/10/48

3,964,464‌

Series

-

2015

LC21

(Class

B)

3,000,000

i

COMM

Mortgage

Trust

3

.463

08/10/48

2,590,257‌

Series

-

2015

CR24

(Class

D)

3,970,000

i

COMM

Mortgage

Trust

4

.679

08/10/48

3,824,250‌

Series

-

2015

CR25

(Class

B)

2,500,000

i

COMM

Mortgage

Trust

4

.621

10/10/48

2,451,601‌

Series

-

2015

CR26

(Class

B)

751,162

i

Connecticut

Avenue

Securities

LIBOR

1

M

+

2.600%

4

.224

05/25/24

748,286‌

Series

-

2014

C02

(Class

1M2)

3,030,867

i

Connecticut

Avenue

Securities

LIBOR

1

M

+

3.000%

4

.624

07/25/24

3,019,272‌

Series

-

2014

C03

(Class

1M2)

10,000,000

g,i

Connecticut

Avenue

Securities

Trust

2

.476

10/25/41

9,275,245‌

Series

-

2021

R01

(Class

1M2)

11,518,653

g,i

Connecticut

Avenue

Securities

Trust

1

.776

12/25/41

11,285,725‌

Series

-

2021

R03

(Class

1M1)

2,523,039

g

Credit

Suisse

Commercial

Mortgage

Trust

3

.304

09/15/37

2,360,284‌

Series

-

2014

USA

(Class

A1)

4,150,000

g,i

Credit

Suisse

Mortgage

Capital

Certificates

LIBOR

1

M

+

0.980%

2

.304

05/15/36

4,082,060‌

Series

-

2019

ICE4

(Class

A)

1,400,000

g

CSMC

2

.816

08/15/37

1,287,254‌

Series

-

2020

NET

(Class

B)

2,761,941

g

CSMC

Trust

1

.414

05/25/65

2,613,137‌

Series

-

2020

NQM1

(Class

A2)

38,635

Deutsche

Mortgage

Securities,

Inc

Mortgage

Loan

Trust

(Step

Bond)

5

.940

07/25/34

37,253‌

Series

-

2004

5

(Class

A5B)

1,025,000

g,i

ELP

Commercial

Mortgage

Trust

LIBOR

1

M

+

2.118%

3

.443

11/15/38

968,688‌

Series

-

2021

ELP

(Class

E)

9,448,126

g,i

Freddie

Mac

STACR

REMIC

Trust

2

.576

01/25/34

9,109,996‌

Series

-

2021

DNA5

(Class

M2)

8,369,615

g,i

Freddie

Mac

Structured

Agency

Credit

Risk

Debt

Notes

1

.349

02/25/42

8,177,396‌

Series

-

2022

DNA2

(Class

M1A)

1,050,000

g

GS

Mortgage

Securities

Corp

II

3

.419

10/10/32

1,047,457‌

Series

-

2017

SLP

(Class

A)

3,000,000

g

GS

Mortgage

Securities

Corp

II

2

.954

11/05/34

2,976,482‌

Series

-

2012

BWTR

(Class

A)

5,956,000

g

GS

Mortgage

Securities

Corp

II

3

.682

02/10/46

5,898,615‌

Series

-

2013

GC10

(Class

B)

2,598,000

g,i

GS

Mortgage

Securities

Corp

II

4

.543

02/10/46

2,336,836‌

Series

-

2013

GC10

(Class

D)

2,000,000

g,i

GS

Mortgage

Securities

Trust

LIBOR

1

M

+

1.090%

2

.420

10/15/31

1,949,246‌

Series

-

2018

HART

(Class

A)

1,321,000

g,i

GS

Mortgage

Securities

Trust

3

.349

07/10/52

1,263,451‌

Series

-

2019

GC40

(Class

DBA)

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

306

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

9,000,000

g,i

GS

Mortgage

Securities

Trust

3

.501

%

07/10/52

$

8,527,681‌

Series

-

2019

GC40

(Class

DBB)

5,000,000

g,i

GS

Mortgage

Securities

Trust

3

.668

07/10/52

4,661,582‌

Series

-

2019

GC40

(Class

DBC)

3,331,795

g,i

GS

Mortgage-Backed

Securities

Corp

Trust

3

.000

03/27/51

2,926,049‌

Series

-

2020

PJ5

(Class

A4)

344,641

IMC

Home

Equity

Loan

Trust

(Step

Bond)

5

.432

08/20/29

328,653‌

Series

-

1998

3

(Class

A7)

68,966

i

Impac

CMB

Trust

LIBOR

1

M

+

0.660%

2

.284

03/25/35

66,751‌

Series

-

2004

11

(Class

2A1)

4,724,484

g,i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

LIBOR

1

M

+

0.800%

2

.124

04/15/38

4,558,297‌

Series

-

2021

MHC

(Class

A)

2,000,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Corp

3

.372

12/15/47

1,985,126‌

Series

-

2013

C10

(Class

AS)

600,000

g

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

4

.021

07/05/32

599,707‌

Series

-

2012

HSBC

(Class

C)

3,843,000

i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

4

.212

01/15/46

3,779,357‌

Series

-

2013

C13

(Class

C)

1,504,240

g,i

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

5

.013

02/15/46

1,442,056‌

Series

-

2011

C3

(Class

B)

2,300,000

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2

.870

08/15/49

2,170,383‌

Series

-

2016

JP3

(Class

A5)

74,993

g,i

JP

Morgan

Mortgage

Trust

LIBOR

1

M

+

0.950%

2

.574

10/25/49

74,058‌

Series

-

2019

INV1

(Class

A11)

229,232

JPMBB

Commercial

Mortgage

Securities

Trust

3

.657

09/15/47

227,829‌

Series

-

2014

C23

(Class

ASB)

5,000,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.766

08/15/48

4,701,757‌

Series

-

2015

C31

(Class

C)

1,200,000

i

JPMBB

Commercial

Mortgage

Securities

Trust

4

.766

08/15/48

1,148,971‌

Series

-

2015

C31

(Class

B)

4,000,000

g,i

MHC

Commercial

Mortgage

Trust

LIBOR

1

M

+

0.801%

2

.125

04/15/38

3,897,426‌

Series

-

2021

MHC

(Class

A)

5,000,000

g,i

MHC

Commercial

Mortgage

Trust

LIBOR

1

M

+

1.101%

2

.425

04/15/38

4,777,049‌

Series

-

2021

MHC

(Class

B)

1,831,647

g

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

3

.989

12/15/46

1,778,846‌

Series

-

2014

C19

(Class

LNC1)

3,986,816

g,i

Morgan

Stanley

Capital

I

Inc

LIBOR

1

M

+

1.377%

2

.702

11/15/23

3,765,163‌

Series

-

2021

ILP

(Class

C)

2,500,000

g

MRCD

Mortgage

Trust

2

.718

12/15/36

2,254,111‌

Series

-

2019

PARK

(Class

E)

2,500,000

g

MRCD

Mortgage

Trust

2

.718

12/15/36

2,280,176‌

Series

-

2019

PARK

(Class

D)

7,530,000

g,i

MTN

Commercial

Mortgage

Trust

3

.174

03/15/39

7,266,772‌

Series

-

2022

LPFL

(Class

B)

9,500,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

1.500%

2

.824

07/15/36

9,356,943‌

Series

-

2019

MILE

(Class

A)

7,500,000

g,i

Natixis

Commercial

Mortgage

Securities

Trust

LIBOR

1

M

+

2.200%

3

.524

07/15/36

7,327,498‌

Series

-

2019

MILE

(Class

C)

1,000,000

g

Natixis

Commercial

Mortgage

Securities

Trust

2

.966

12/15/38

954,391‌

Series

-

2020

2PAC

(Class

A)

362,620

g,i

New

Residential

Mortgage

Loan

Trust

3

.750

11/25/54

350,769‌

Series

-

2014

3A

(Class

AFX3)

594,923

g,i

New

Residential

Mortgage

Loan

Trust

3

.750

03/25/56

575,855‌

Series

-

2016

1A

(Class

A1)

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

307

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

OTHER

MORTGAGE

BACKED—continued

$

1,024,344

g,i

New

Residential

Mortgage

Loan

Trust

4

.000

%

12/25/57

$

996,150‌

Series

-

2018

1A

(Class

A1A)

594,514

g,i

New

Residential

Mortgage

Loan

Trust

4

.750

12/25/57

592,197‌

Series

-

2018

5A

(Class

A1)

869,981

g,i

OBX

Trust

LIBOR

1

M

+

0.650%

2

.274

06/25/57

851,288‌

Series

-

2018

1

(Class

A2)

7,000,000

g,i

OPG

Trust

LIBOR

1

M

+

0.713%

0

.803

10/15/36

6,543,132‌

Series

-

2021

PORT

(Class

B)

6,000,000

g,i

OPG

Trust

LIBOR

1

M

+

1.529%

2

.853

10/15/36

5,472,932‌

Series

-

2021

PORT

(Class

E)

2,000,000

g,i

PKHL

Commercial

Mortgage

Trust

LIBOR

1

M

+

2.000%

3

.325

07/15/38

1,875,098‌

Series

-

2021

MF

(Class

D)

2,000,000

g

RBS

Commercial

Funding,

Inc

Trust

3

.511

03/11/31

1,956,842‌

Series

-

2013

SMV

(Class

B)

7,886,000

g,i

RLGH

Trust

LIBOR

1

M

+

1.165%

2

.490

04/15/36

7,586,403‌

Series

-

2021

TROT

(Class

B)

8,201

g,i

Sequoia

Mortgage

Trust

3

.500

03/25/50

8,181‌

Series

-

2020

2

(Class

A4)

3,858,362

g,i

SMR

Mortgage

Trust

3

.679

02/15/39

3,721,063‌

Series

-

2022

IND

(Class

B)

2,000,000

g,i

SREIT

Trust

LIBOR

1

M

+

1.171%

2

.495

11/15/36

1,912,812‌

Series

-

2021

MFP2

(Class

B)

936,238

i

Structured

Adjustable

Rate

Mortgage

Loan

Trust

LIBOR

1

M

+

0.370%

1

.994

07/25/34

920,752‌

Series

-

2004

9XS

(Class

A)

4,078,282

g

Verus

Securitization

Trust

2

.417

01/25/60

4,001,795‌

Series

-

2020

1

(Class

A1)

3,843,220

g

Verus

Securitization

Trust

2

.724

01/25/60

3,767,040‌

Series

-

2020

1

(Class

A3)

1,816,026

g

Verus

Securitization

Trust

2

.321

05/25/65

1,737,744‌

Series

-

2020

4

(Class

A3)

8,612,252

g,i

Verus

Securitization

Trust

2

.240

10/25/66

7,616,952‌

Series

-

2021

7

(Class

A3)

1,274,000

Wells

Fargo

Commercial

Mortgage

Trust

3

.539

10/15/45

1,272,642‌

Series

-

2012

LC5

(Class

AS)

1,482,000

Wells

Fargo

Commercial

Mortgage

Trust

4

.142

10/15/45

1,480,227‌

Series

-

2012

LC5

(Class

B)

896,000

g,i

Wells

Fargo

Commercial

Mortgage

Trust

4

.869

10/15/45

887,808‌

Series

-

2012

LC5

(Class

D)

1,000,000

i

WFRBS

3

.910

05/15/45

972,012‌

Series

-

2013

C13

(Class

C)

3,000,000

i

WFRBS

Commercial

Mortgage

Trust

4

.315

03/15/45

2,964,444‌

Series

-

2013

C11

(Class

C)

530,000

i

WFRBS

Commercial

Mortgage

Trust

4

.153

08/15/46

527,930‌

Series

-

2013

C15

(Class

A4)

2,500,000

i

WFRBS

Commercial

Mortgage

Trust

4

.204

11/15/47

2,316,067‌

Series

-

2014

C24

(Class

B)

TOTAL

OTHER

MORTGAGE

BACKED

284,416,416‌

TOTAL

STRUCTURED

ASSETS

450,554,620‌

(Cost

$480,238,303)

TOTAL

BONDS

1,839,215,961‌

(Cost

$1,920,700,019)

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Fund

June

30,

2022

308

TIAA-CREF

Funds

concluded

PRINCIPAL

ISSUER

REFERENCERATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

SHORT-TERM

INVESTMENTS

-

6.5%

REPURCHASE

AGREEMENT

-

2

.5

%

$

47,710,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

%

07/01/22

$

47,710,000‌

TOTAL

REPURCHASE

AGREEMENT

47,710,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

4

.0

%

75,223,943

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

75,223,943‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

75,223,943‌

TOTAL

SHORT-TERM

INVESTMENTS

122,933,943‌

(Cost

$122,933,943)

TOTAL

INVESTMENTS

-

105.3%

2,000,100,245‌

(Cost

$2,082,998,300)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(5.3)%

(

101,473,223‌

)

NET

ASSETS

-

100.0%

$

1,898,627,022‌

LIBOR

London

Interbank

Offered

Rate

M

Month

REIT

Real

Estate

Investment

Trust

SOFR

Secure

Overnight

Financing

Rate

†

Security

is

categorized

as

Level

3

in

the

fair

value

hierarchy.

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$73,606,104.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$665,543,661

or

35.1%

of

net

assets.

h

All

or

a

portion

of

these

securities

were

purchased

on

a

delayed

delivery

basis.

i

Floating

or

variable

rate

security

includes

the

reference

rate

and

spread,

unless

the

variable

rate

is

based

on

the

underlying

asset

of

the

security.

Coupon

rate

reflects

the

rate

at

period

end.

k

Principal

amount

for

interest

accrual

purposes

is

periodically

adjusted

based

on

changes

in

the

Consumer

Price

Index.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$47,710,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rate

0.125%

and

maturity

date

10/15/25,

valued

at

$48,664,281.

Futures

contracts

outstanding

as

of

June

30,

2022

were

as

follows:

Description

Number

of

long

(short)

contracts

Expiration

date

Notional

amount

Value

Unrealized

appreciation

(depreciation)

CBOT

10

Year

US

Treasury

Note

(

531‌

)

09/21/22

 $

(

63,847,539‌

)

$

(

62,940,094‌

)

 $

907,446‌

Ultra

10-Year

US

Treasury

Note

Futures

(

170‌

)

09/21/22

(

22,018,536‌

)

(

21,653,750‌

)

364,786‌

CBOT

5

Year

US

Treasury

Note

(

234‌

)

09/30/22

(

26,572,590‌

)

(

26,266,500‌

)

306,090‌

CBOT

US

Long

Bond

Future

(

38‌

)

09/21/22

(

5,345,783‌

)

(

5,267,750‌

)

78,033‌

Total

(

973‌

)

 $

(

117,784,448‌

)

 $

(

116,128,094‌

)

$

1,656,355‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

309

TIAA-CREF

Funds

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BONDS

-

99.3%

CORPORATE

BONDS

-

24.4%

AUTOMOBILES

&

COMPONENTS

-

0

.1

%

$

400,000

Aptiv

plc

2

.396

%

02/18/25

$

382,000‌

200,000

General

Motors

Co

5

.400

10/02/23

202,988‌

1,000,000

Honda

Motor

Co

Ltd

2

.271

03/10/25

961,923‌

TOTAL

AUTOMOBILES

&

COMPONENTS

1,546,911‌

BANKS

-

6

.5

%

1,000,000

Asian

Development

Bank

1

.625

03/15/24

976,190‌

1,500,000

Asian

Development

Bank

2

.875

05/06/25

1,490,490‌

200,000

Banco

Bilbao

Vizcaya

Argentaria

S.A.

0

.875

09/18/23

192,916‌

400,000

Banco

Santander

S.A.

3

.125

02/23/23

398,324‌

200,000

Banco

Santander

S.A.

3

.848

04/12/23

199,820‌

200,000

Banco

Santander

S.A.

3

.892

05/24/24

198,952‌

1,000,000

Banco

Santander

S.A.

0

.701

06/30/24

963,298‌

600,000

Banco

Santander

S.A.

3

.496

03/24/25

586,086‌

500,000

Bank

of

America

Corp

1

.486

05/19/24

488,624‌

500,000

Bank

of

America

Corp

0

.523

06/14/24

481,921‌

1,200,000

Bank

of

America

Corp

3

.864

07/23/24

1,194,730‌

700,000

Bank

of

America

Corp

4

.200

08/26/24

701,339‌

1,250,000

Bank

of

America

Corp

0

.810

10/24/24

1,191,313‌

1,000,000

Bank

of

America

Corp

1

.843

02/04/25

963,960‌

1,000,000

Bank

of

America

Corp

3

.458

03/15/25

985,573‌

1,000,000

Bank

of

America

Corp

0

.976

04/22/25

940,570‌

500,000

Bank

of

America

Corp

3

.841

04/25/25

497,460‌

750,000

Bank

of

America

Corp

0

.981

09/25/25

693,893‌

1,000,000

Bank

of

America

Corp

2

.456

10/22/25

952,504‌

2,500,000

Bank

of

America

Corp

1

.530

12/06/25

2,326,113‌

500,000

Bank

of

America

Corp

3

.384

04/02/26

484,652‌

250,000

Bank

of

Montreal

0

.450

12/08/23

240,115‌

1,500,000

Bank

of

Montreal

0

.625

07/09/24

1,410,927‌

1,000,000

Bank

of

Montreal

4

.338

10/05/28

998,786‌

500,000

Bank

of

New

York

Mellon

Corp

3

.350

04/25/25

494,277‌

250,000

Bank

of

New

York

Mellon

Corp

3

.430

06/13/25

247,988‌

500,000

Bank

of

Nova

Scotia

0

.700

04/15/24

474,060‌

200,000

Bank

of

Nova

Scotia

4

.650

N/A‡

174,197‌

1,000,000

Barclays

plc

4

.375

09/11/24

995,017‌

500,000

Barclays

plc

1

.007

12/10/24

474,542‌

750,000

Barclays

plc

3

.650

03/16/25

732,783‌

1,000,000

BBVA

USA

3

.875

04/10/25

991,538‌

750,000

Canadian

Imperial

Bank

of

Commerce

1

.000

10/18/24

699,886‌

1,250,000

Citigroup,

Inc

1

.678

05/15/24

1,224,848‌

1,000,000

Citigroup,

Inc

4

.000

08/05/24

997,104‌

1,000,000

Citigroup,

Inc

0

.981

05/01/25

936,829‌

1,000,000

Citigroup,

Inc

4

.140

05/24/25

995,915‌

600,000

Citigroup,

Inc

1

.281

11/03/25

557,087‌

1,500,000

Citigroup,

Inc

2

.014

01/25/26

1,405,211‌

750,000

Citigroup,

Inc

3

.290

03/17/26

725,092‌

300,000

Comerica,

Inc

3

.700

07/31/23

299,801‌

500,000

Discover

Bank

3

.350

02/06/23

500,018‌

300,000

Discover

Bank

2

.450

09/12/24

288,514‌

250,000

Discover

Bank

4

.682

08/09/28

243,038‌

300,000

Fifth

Third

Bancorp

1

.625

05/05/23

295,493‌

1,000,000

Fifth

Third

Bancorp

3

.650

01/25/24

995,768‌

250,000

First

Horizon

National

Corp

3

.550

05/26/23

249,036‌

250,000

First

Republic

Bank

1

.912

02/12/24

247,088‌

175,000

FNB

Corp

2

.200

02/24/23

173,036‌

380,000

HSBC

Holdings

plc

3

.033

11/22/23

378,279‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

310

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

500,000

HSBC

Holdings

plc

4

.250

%

03/14/24

$

497,621‌

800,000

HSBC

Holdings

plc

3

.950

05/18/24

796,345‌

800,000

HSBC

Holdings

plc

0

.732

08/17/24

766,960‌

1,000,000

HSBC

Holdings

plc

1

.162

11/22/24

954,694‌

650,000

HSBC

Holdings

plc

0

.976

05/24/25

606,077‌

250,000

HSBC

Holdings

plc

4

.180

12/09/25

246,028‌

1,000,000

HSBC

Holdings

plc

2

.999

03/10/26

951,840‌

750,000

HSBC

USA,

Inc

3

.750

05/24/24

745,592‌

300,000

Huntington

Bancshares,

Inc

2

.625

08/06/24

291,317‌

1,000,000

Huntington

National

Bank

4

.008

05/16/25

998,808‌

300,000

Industrial

&

Commercial

Bank

of

China

Ltd

2

.957

11/08/22

299,724‌

400,000

ING

Groep

NV

4

.100

10/02/23

401,066‌

500,000

h

Inter-American

Development

Bank

3

.250

07/01/24

500,734‌

1,000,000

JPMorgan

Chase

&

Co

0

.697

03/16/24

978,141‌

1,000,000

JPMorgan

Chase

&

Co

3

.559

04/23/24

996,926‌

500,000

JPMorgan

Chase

&

Co

1

.514

06/01/24

487,404‌

700,000

JPMorgan

Chase

&

Co

3

.797

07/23/24

697,394‌

750,000

JPMorgan

Chase

&

Co

3

.875

09/10/24

748,527‌

500,000

JPMorgan

Chase

&

Co

0

.653

09/16/24

479,189‌

750,000

JPMorgan

Chase

&

Co

4

.023

12/05/24

747,429‌

300,000

JPMorgan

Chase

&

Co

0

.563

02/16/25

282,549‌

1,000,000

JPMorgan

Chase

&

Co

0

.824

06/01/25

934,503‌

250,000

JPMorgan

Chase

&

Co

3

.845

06/14/25

247,536‌

1,000,000

JPMorgan

Chase

&

Co

0

.969

06/23/25

934,799‌

500,000

JPMorgan

Chase

&

Co

0

.768

08/09/25

463,734‌

500,000

JPMorgan

Chase

&

Co

2

.301

10/15/25

476,102‌

1,500,000

JPMorgan

Chase

&

Co

1

.561

12/10/25

1,401,341‌

1,000,000

JPMorgan

Chase

&

Co

2

.595

02/24/26

950,440‌

1,000,000

JPMorgan

Chase

&

Co

4

.080

04/26/26

987,527‌

250,000

KeyCorp

3

.878

05/23/25

248,149‌

300,000

Lloyds

Banking

Group

plc

4

.050

08/16/23

300,732‌

300,000

Lloyds

Banking

Group

plc

2

.907

11/07/23

298,959‌

1,000,000

Lloyds

Banking

Group

plc

0

.695

05/11/24

970,724‌

500,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.407

03/07/24

496,059‌

600,000

Mitsubishi

UFJ

Financial

Group,

Inc

2

.193

02/25/25

569,443‌

1,500,000

Mitsubishi

UFJ

Financial

Group,

Inc

0

.953

07/19/25

1,399,692‌

750,000

Mitsubishi

UFJ

Financial

Group,

Inc

3

.837

04/17/26

739,619‌

300,000

Mizuho

Financial

Group,

Inc

2

.839

07/16/25

290,390‌

1,000,000

e

Mizuho

Financial

Group,

Inc

2

.651

05/22/26

948,238‌

1,000,000

National

Australia

Bank

Ltd

3

.500

06/09/25

991,114‌

500,000

National

Bank

of

Canada

3

.750

06/09/25

496,294‌

1,250,000

NatWest

Group

plc

2

.359

05/22/24

1,227,586‌

500,000

Nordic

Investment

Bank

2

.625

04/04/25

493,695‌

500,000

PNC

Financial

Services

Group,

Inc

3

.500

01/23/24

500,070‌

1,000,000

Royal

Bank

of

Canada

0

.650

07/29/24

939,621‌

500,000

Royal

Bank

of

Canada

0

.750

10/07/24

466,901‌

1,000,000

Royal

Bank

of

Scotland

Group

plc

4

.519

06/25/24

997,431‌

500,000

Royal

Bank

of

Scotland

Group

plc

4

.269

03/22/25

494,859‌

200,000

Santander

Holdings

USA,

Inc

3

.400

01/18/23

199,705‌

250,000

Santander

Holdings

USA,

Inc

4

.260

06/09/25

246,970‌

150,000

Santander

Holdings

USA,

Inc

3

.244

10/05/26

140,667‌

450,000

Santander

UK

Group

Holdings

plc

4

.796

11/15/24

450,013‌

1,000,000

Santander

UK

Group

Holdings

plc

1

.089

03/15/25

933,664‌

1,500,000

State

Street

Corp

1

.746

02/06/26

1,415,943‌

1,000,000

Sumitomo

Mitsui

Financial

Group,

Inc

0

.508

01/12/24

952,239‌

300,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.696

07/16/24

291,737‌

500,000

Sumitomo

Mitsui

Financial

Group,

Inc

2

.448

09/27/24

481,531‌

1,000,000

Toronto-Dominion

Bank

0

.550

03/04/24

951,684‌

1,000,000

Toronto-Dominion

Bank

0

.700

09/10/24

938,629‌

500,000

Toronto-Dominion

Bank

1

.250

12/13/24

471,792‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

311

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

BANKS—continued

$

1,000,000

Truist

Bank

2

.636

%

09/17/29

$

950,947‌

750,000

Truist

Financial

Corp

3

.750

12/06/23

754,471‌

1,000,000

US

Bancorp

2

.400

07/30/24

975,411‌

500,000

US

Bank

NA

3

.400

07/24/23

499,579‌

1,250,000

Wells

Fargo

&

Co

4

.480

01/16/24

1,264,985‌

400,000

Wells

Fargo

&

Co

1

.654

06/02/24

390,666‌

1,000,000

Wells

Fargo

&

Co

0

.805

05/19/25

936,362‌

500,000

Wells

Fargo

&

Co

2

.406

10/30/25

476,002‌

1,000,000

Wells

Fargo

&

Co

2

.164

02/11/26

939,865‌

1,000,000

Wells

Fargo

&

Co

3

.908

04/25/26

983,485‌

1,000,000

Wells

Fargo

&

Co

2

.188

04/30/26

935,552‌

1,000,000

Westpac

Banking

Corp

1

.019

11/18/24

938,086‌

750,000

e

Westpac

Banking

Corp

3

.735

08/26/25

747,370‌

TOTAL

BANKS

86,362,279‌

CAPITAL

GOODS

-

1

.4

%

300,000

Air

Lease

Corp

3

.875

07/03/23

297,352‌

750,000

Air

Lease

Corp

0

.700

02/15/24

708,056‌

1,000,000

Air

Lease

Corp

0

.800

08/18/24

915,690‌

800,000

Boeing

Co

4

.508

05/01/23

801,885‌

500,000

Boeing

Co

1

.950

02/01/24

483,850‌

1,250,000

Boeing

Co

1

.433

02/04/24

1,194,037‌

1,000,000

Carlisle

Cos,

Inc

0

.550

09/01/23

964,490‌

500,000

Caterpillar

Financial

Services

Corp

0

.950

01/10/24

482,859‌

1,000,000

Caterpillar

Financial

Services

Corp

0

.450

05/17/24

947,313‌

750,000

Caterpillar

Financial

Services

Corp

0

.600

09/13/24

705,665‌

1,000,000

Caterpillar

Financial

Services

Corp

3

.400

05/13/25

997,423‌

100,000

CNH

Industrial

Capital

LLC

1

.950

07/02/23

97,733‌

200,000

CNH

Industrial

Capital

LLC

4

.200

01/15/24

200,134‌

750,000

CNH

Industrial

Capital

LLC

3

.950

05/23/25

742,063‌

200,000

CNH

Industrial

NV

4

.500

08/15/23

201,677‌

460,000

General

Dynamics

Corp

3

.375

05/15/23

462,820‌

500,000

Huntington

Ingalls

Industries,

Inc

0

.670

08/16/23

482,091‌

500,000

John

Deere

Capital

Corp

0

.900

01/10/24

482,634‌

1,000,000

John

Deere

Capital

Corp

0

.450

01/17/24

958,901‌

1,000,000

e

John

Deere

Capital

Corp

0

.450

06/07/24

944,824‌

500,000

John

Deere

Capital

Corp

0

.625

09/10/24

470,264‌

500,000

John

Deere

Capital

Corp

1

.250

01/10/25

474,133‌

750,000

e

John

Deere

Capital

Corp

2

.125

03/07/25

724,178‌

500,000

John

Deere

Capital

Corp

3

.400

06/06/25

497,770‌

300,000

Lennox

International,

Inc

3

.000

11/15/23

296,805‌

250,000

Parker-Hannifin

Corp

3

.650

06/15/24

248,308‌

750,000

Quanta

Services,

Inc

0

.950

10/01/24

693,641‌

1,000,000

Stanley

Black

&

Decker,

Inc

2

.300

02/24/25

967,801‌

500,000

Teledyne

Technologies,

Inc

0

.650

04/01/23

488,622‌

500,000

Teledyne

Technologies,

Inc

0

.950

04/01/24

472,802‌

200,000

Wabtec

Corp

4

.400

03/15/24

200,342‌

TOTAL

CAPITAL

GOODS

18,606,163‌

COMMERCIAL

&

PROFESSIONAL

SERVICES

-

0

.4

%

1,500,000

Council

Of

Europe

Development

Bank

3

.000

06/16/25

1,494,715‌

1,500,000

European

Investment

Bank

2

.750

08/15/25

1,484,190‌

500,000

International

Bank

for

Reconstruction

&

Development

2

.250

03/28/24

493,239‌

1,500,000

International

Bank

for

Reconstruction

&

Development

0

.750

03/11/25

1,409,333‌

100,000

Leidos,

Inc

2

.950

05/15/23

99,030‌

200,000

Leidos,

Inc

3

.625

05/15/25

195,774‌

200,000

RELX

Capital,

Inc

3

.500

03/16/23

199,727‌

164,000

Republic

Services,

Inc

4

.750

05/15/23

165,005‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

312

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

COMMERCIAL

&

PROFESSIONAL

SERVICES—continued

$

300,000

Republic

Services,

Inc

2

.500

%

08/15/24

$

290,480‌

TOTAL

COMMERCIAL

&

PROFESSIONAL

SERVICES

5,831,493‌

CONSUMER

DURABLES

&

APPAREL

-

0

.0

%

250,000

Brunswick

Corp

0

.850

08/18/24

231,033‌

500,000

Lennar

Corp

4

.875

12/15/23

502,747‌

TOTAL

CONSUMER

DURABLES

&

APPAREL

733,780‌

CONSUMER

SERVICES

-

0

.2

%

1,250,000

Cintas

Corp

No

2

3

.450

05/01/25

1,245,767‌

500,000

CommonSpirit

Health

2

.760

10/01/24

486,836‌

100,000

Hyatt

Hotels

Corp

1

.300

10/01/23

96,837‌

250,000

Hyatt

Hotels

Corp

1

.800

10/01/24

236,303‌

500,000

Marriott

International,

Inc

3

.600

04/15/24

495,353‌

TOTAL

CONSUMER

SERVICES

2,561,096‌

DIVERSIFIED

FINANCIALS

-

5

.2

%

250,000

AerCap

Ireland

Capital

DAC

4

.500

09/15/23

248,804‌

1,000,000

AerCap

Ireland

Capital

DAC

1

.150

10/29/23

952,823‌

500,000

AerCap

Ireland

Capital

DAC

3

.150

02/15/24

483,892‌

300,000

AerCap

Ireland

Capital

DAC

2

.875

08/14/24

285,779‌

500,000

AerCap

Ireland

Capital

DAC

1

.650

10/29/24

461,666‌

500,000

AerCap

Ireland

Capital

DAC

1

.750

10/29/24

461,349‌

750,000

h

African

Development

Bank

3

.375

07/07/25

753,931‌

200,000

Ally

Financial,

Inc

3

.050

06/05/23

197,859‌

800,000

Ally

Financial,

Inc

1

.450

10/02/23

773,296‌

550,000

American

Express

Co

3

.375

05/03/24

546,042‌

600,000

American

Express

Co

2

.500

07/30/24

583,763‌

1,500,000

American

Express

Co

2

.250

03/04/25

1,440,997‌

750,000

American

Honda

Finance

Corp

0

.550

07/12/24

704,393‌

1,000,000

American

Honda

Finance

Corp

0

.750

08/09/24

940,519‌

500,000

American

Honda

Finance

Corp

1

.500

01/13/25

474,469‌

300,000

Ares

Capital

Corp

3

.500

02/10/23

298,657‌

500,000

e

Bank

of

Montreal

2

.150

03/08/24

488,964‌

500,000

Bank

of

Montreal

1

.500

01/10/25

471,860‌

250,000

Bank

of

Montreal

3

.700

06/07/25

247,786‌

750,000

Bank

of

New

York

Mellon

Corp

0

.350

12/07/23

722,469‌

1,000,000

Bank

of

New

York

Mellon

Corp

0

.500

04/26/24

949,413‌

750,000

e

Bank

of

New

York

Mellon

Corp

0

.850

10/25/24

706,100‌

1,000,000

Bank

of

Nova

Scotia

0

.650

07/31/24

937,439‌

500,000

Bank

of

Nova

Scotia

1

.450

01/10/25

473,177‌

750,000

Bank

of

Nova

Scotia

3

.450

04/11/25

740,100‌

1,000,000

Canadian

Imperial

Bank

of

Commerce

3

.300

04/07/25

980,722‌

750,000

Capital

One

Financial

Corp

3

.300

10/30/24

731,679‌

1,000,000

Capital

One

Financial

Corp

4

.166

05/09/25

985,356‌

1,000,000

Capital

One

Financial

Corp

2

.636

03/03/26

944,170‌

200,000

Celanese

US

Holdings

LLC

3

.500

05/08/24

197,577‌

1,000,000

Charles

Schwab

Corp

0

.750

03/18/24

959,100‌

1,000,000

Cooperatieve

Rabobank

UA

1

.375

01/10/25

940,702‌

750,000

Credit

Suisse

AG.

0

.495

02/02/24

706,928‌

500,000

Credit

Suisse

AG.

3

.700

02/21/25

488,205‌

1,000,000

Credit

Suisse

Group

Funding

Guernsey

Ltd

3

.750

03/26/25

968,639‌

1,000,000

Deutsche

Bank

AG.

0

.962

11/08/23

958,063‌

600,000

Deutsche

Bank

AG.

0

.898

05/28/24

562,123‌

300,000

Deutsche

Bank

AG.

2

.222

09/18/24

289,232‌

1,000,000

Deutsche

Bank

AG.

1

.447

04/01/25

934,456‌

500,000

Deutsche

Bank

AG.

4

.162

05/13/25

495,461‌

1,000,000

European

Bank

for

Reconstruction

&

Development

0

.500

05/19/25

927,835‌

500,000

FS

KKR

Capital

Corp

1

.650

10/12/24

444,805‌

1,000,000

General

Motors

Financial

Co,

Inc

1

.700

08/18/23

974,982‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

313

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

DIVERSIFIED

FINANCIALS—continued

$

1,000,000

General

Motors

Financial

Co,

Inc

1

.050

%

03/08/24

$

947,998‌

400,000

General

Motors

Financial

Co,

Inc

1

.200

10/15/24

371,964‌

1,000,000

General

Motors

Financial

Co,

Inc

2

.900

02/26/25

954,347‌

750,000

General

Motors

Financial

Co,

Inc

3

.800

04/07/25

731,180‌

709,000

Goldman

Sachs

Group,

Inc

3

.200

02/23/23

709,247‌

750,000

Goldman

Sachs

Group,

Inc

0

.523

03/08/23

735,345‌

1,000,000

Goldman

Sachs

Group,

Inc

1

.217

12/06/23

963,405‌

750,000

Goldman

Sachs

Group,

Inc

0

.673

03/08/24

732,724‌

750,000

Goldman

Sachs

Group,

Inc

3

.000

03/15/24

739,982‌

1,000,000

Goldman

Sachs

Group,

Inc

0

.657

09/10/24

956,756‌

500,000

Goldman

Sachs

Group,

Inc

0

.925

10/21/24

478,128‌

1,000,000

Goldman

Sachs

Group,

Inc

1

.757

01/24/25

961,310‌

1,000,000

Goldman

Sachs

Group,

Inc

3

.272

09/29/25

971,569‌

500,000

ING

Groep

NV

3

.869

03/28/26

489,958‌

1,500,000

Intercontinental

Exchange,

Inc

3

.650

05/23/25

1,488,920‌

750,000

J

Paul

Getty

Trust

0

.391

01/01/24

720,075‌

3,000,000

Kreditanstalt

fuer

Wiederaufbau

1

.250

01/31/25

2,864,808‌

3,000,000

Kreditanstalt

fuer

Wiederaufbau

3

.125

06/10/25

2,992,917‌

1,000,000

Lloyds

Banking

Group

plc

3

.511

03/18/26

973,557‌

500,000

Morgan

Stanley

0

.731

04/05/24

487,436‌

1,500,000

Morgan

Stanley

0

.791

01/22/25

1,417,913‌

750,000

Morgan

Stanley

3

.620

04/17/25

740,397‌

1,000,000

Morgan

Stanley

0

.790

05/30/25

930,916‌

2,250,000

Morgan

Stanley

1

.164

10/21/25

2,084,561‌

1,000,000

Morgan

Stanley

2

.630

02/18/26

954,040‌

1,000,000

National

Rural

Utilities

Cooperative

Finance

Corp

0

.350

02/08/24

951,825‌

500,000

National

Rural

Utilities

Cooperative

Finance

Corp

1

.000

10/18/24

469,607‌

500,000

National

Rural

Utilities

Cooperative

Finance

Corp

1

.875

02/07/25

477,732‌

500,000

National

Rural

Utilities

Cooperative

Finance

Corp

3

.450

06/15/25

496,782‌

750,000

h

Nomura

Holdings,

Inc

5

.099

07/03/25

753,258‌

750,000

Oesterreichische

Kontrollbank

AG.

0

.500

09/16/24

708,920‌

1,000,000

Oesterreichische

Kontrollbank

AG.

2

.875

05/23/25

992,510‌

250,000

PACCAR

Financial

Corp

3

.150

06/13/24

248,937‌

300,000

PACCAR

Financial

Corp

0

.500

08/09/24

282,222‌

750,000

PACCAR

Financial

Corp

0

.900

11/08/24

708,042‌

300,000

PACCAR

Financial

Corp

2

.850

04/07/25

294,032‌

1,000,000

Royal

Bank

of

Canada

1

.600

01/21/25

946,541‌

1,000,000

Royal

Bank

of

Canada

3

.375

04/14/25

986,750‌

160,000

Shire

Acquisitions

Investments

Ireland

DAC

2

.875

09/23/23

158,209‌

500,000

Synchrony

Financial

4

.375

03/19/24

496,956‌

500,000

Synchrony

Financial

4

.875

06/13/25

494,404‌

500,000

e

Toronto-Dominion

Bank

1

.450

01/10/25

472,779‌

750,000

Toronto-Dominion

Bank

3

.766

06/06/25

745,742‌

500,000

Toyota

Motor

Credit

Corp

2

.500

03/22/24

492,308‌

1,000,000

Toyota

Motor

Credit

Corp

0

.500

06/18/24

943,824‌

750,000

Toyota

Motor

Credit

Corp

0

.625

09/13/24

704,626‌

500,000

Toyota

Motor

Credit

Corp

1

.450

01/13/25

473,836‌

750,000

Toyota

Motor

Credit

Corp

3

.950

06/30/25

752,691‌

200,000

Unilever

Capital

Corp

3

.125

03/22/23

200,478‌

300,000

Unilever

Capital

Corp

0

.375

09/14/23

290,556‌

TOTAL

DIVERSIFIED

FINANCIALS

69,778,602‌

ENERGY

-

1

.3

%

1,000,000

Baker

Hughes

Holdings

LLC

1

.231

12/15/23

970,817‌

200,000

Canadian

Natural

Resources

Ltd

3

.800

04/15/24

198,611‌

750,000

e

ConocoPhillips

Co

2

.125

03/08/24

735,229‌

750,000

ConocoPhillips

Co

2

.400

03/07/25

723,822‌

500,000

g

Coterra

Energy,

Inc

4

.375

06/01/24

499,759‌

200,000

Enable

Midstream

Partners

LP

3

.900

05/15/24

198,447‌

500,000

Enbridge,

Inc

0

.550

10/04/23

481,498‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

314

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

ENERGY—continued

$

800,000

Energy

Transfer

Operating

LP

4

.250

%

03/15/23

$

799,587‌

200,000

Energy

Transfer

Operating

LP

4

.200

09/15/23

200,297‌

500,000

Energy

Transfer

Operating

LP

5

.875

01/15/24

509,812‌

200,000

Energy

Transfer

Operating

LP

4

.500

04/15/24

200,091‌

300,000

Enterprise

Products

Operating

LLC

3

.350

03/15/23

299,227‌

500,000

EQT

Corp

6

.625

02/01/25

514,365‌

1,000,000

Equinor

ASA

3

.700

03/01/24

1,004,343‌

375,000

Exxon

Mobil

Corp

1

.902

08/16/22

374,506‌

600,000

Exxon

Mobil

Corp

1

.571

04/15/23

594,023‌

600,000

Exxon

Mobil

Corp

2

.709

03/06/25

586,865‌

750,000

Kinder

Morgan

Energy

Partners

LP

4

.250

09/01/24

750,400‌

300,000

MPLX

LP

3

.375

03/15/23

299,164‌

750,000

MPLX

LP

4

.000

02/15/25

739,990‌

500,000

ONEOK,

Inc

2

.750

09/01/24

483,473‌

325,000

Phillips

66

0

.900

02/15/24

309,475‌

300,000

Plains

All

American

Pipeline

LP

3

.850

10/15/23

298,269‌

500,000

Sabine

Pass

Liquefaction

LLC

5

.750

05/15/24

509,920‌

750,000

Sabine

Pass

Liquefaction

LLC

5

.625

03/01/25

764,928‌

400,000

Schlumberger

Investment

S.A.

3

.650

12/01/23

401,346‌

500,000

Shell

International

Finance

BV

0

.375

09/15/23

484,063‌

500,000

Spectra

Energy

Partners

LP

4

.750

03/15/24

503,951‌

300,000

Total

Capital

Canada

Ltd

2

.750

07/15/23

297,809‌

500,000

Total

Capital

International

S.A.

3

.700

01/15/24

501,466‌

250,000

TransCanada

PipeLines

Ltd

3

.750

10/16/23

250,264‌

750,000

TransCanada

PipeLines

Ltd

1

.000

10/12/24

699,557‌

750,000

Williams

Cos,

Inc

4

.550

06/24/24

755,942‌

300,000

Williams

Partners

LP

4

.500

11/15/23

302,084‌

TOTAL

ENERGY

17,243,400‌

FOOD

&

STAPLES

RETAILING

-

0

.1

%

300,000

CVS

Health

Corp

4

.100

03/25/25

301,935‌

1,000,000

Walgreens

Boots

Alliance,

Inc

0

.950

11/17/23

967,182‌

260,000

Walmart,

Inc

2

.350

12/15/22

259,825‌

300,000

Walmart,

Inc

3

.400

06/26/23

300,877‌

TOTAL

FOOD

&

STAPLES

RETAILING

1,829,819‌

FOOD,

BEVERAGE

&

TOBACCO

-

0

.7

%

600,000

Altria

Group,

Inc

2

.350

05/06/25

566,521‌

600,000

BAT

Capital

Corp

3

.222

08/15/24

583,204‌

500,000

BAT

Capital

Corp

2

.789

09/06/24

483,761‌

500,000

Campbell

Soup

Co

3

.650

03/15/23

500,976‌

131,000

ConAgra

Brands,

Inc

3

.200

01/25/23

130,889‌

250,000

ConAgra

Brands,

Inc

0

.500

08/11/23

240,971‌

1,000,000

Constellation

Brands,

Inc

3

.600

05/09/24

996,277‌

500,000

Constellation

Brands,

Inc

4

.750

11/15/24

506,886‌

500,000

Diageo

Capital

plc

2

.125

10/24/24

482,311‌

300,000

General

Mills,

Inc

4

.000

04/17/25

299,764‌

1,000,000

Hormel

Foods

Corp

0

.650

06/03/24

954,177‌

300,000

JM

Smucker

Co

3

.500

03/15/25

296,471‌

1,000,000

Keurig

Dr

Pepper,

Inc

0

.750

03/15/24

950,926‌

700,000

Mondelez

International,

Inc

2

.125

03/17/24

682,290‌

500,000

PepsiCo,

Inc

0

.400

10/07/23

485,031‌

750,000

Philip

Morris

International,

Inc

1

.500

05/01/25

703,392‌

200,000

Reynolds

American,

Inc

4

.850

09/15/23

201,982‌

TOTAL

FOOD,

BEVERAGE

&

TOBACCO

9,065,829‌

HEALTH

CARE

EQUIPMENT

&

SERVICES

-

0

.8

%

500,000

Abbott

Laboratories

3

.400

11/30/23

501,146‌

500,000

AmerisourceBergen

Corp

3

.400

05/15/24

496,001‌

500,000

Anthem,

Inc

0

.450

03/15/23

489,655‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

315

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

HEALTH

CARE

EQUIPMENT

&

SERVICES—continued

$

1,000,000

Anthem,

Inc

3

.500

%

08/15/24

$

996,406‌

750,000

Baxter

International,

Inc

0

.868

12/01/23

719,716‌

750,000

Baxter

International,

Inc

1

.322

11/29/24

704,077‌

516,000

Cigna

Corp

3

.750

07/15/23

517,120‌

200,000

Cigna

Corp

0

.613

03/15/24

190,461‌

400,000

Cigna

Corp

3

.250

04/15/25

392,195‌

500,000

CVS

Health

Corp

2

.625

08/15/24

488,812‌

1,000,000

HCA,

Inc

5

.000

03/15/24

1,004,505‌

700,000

Humana,

Inc

0

.650

08/03/23

677,210‌

750,000

Laboratory

Corp

of

America

Holdings

3

.600

02/01/25

738,910‌

300,000

Quest

Diagnostics,

Inc

3

.500

03/30/25

295,357‌

1,500,000

UnitedHealth

Group,

Inc

0

.550

05/15/24

1,427,748‌

575,000

Zimmer

Biomet

Holdings,

Inc

1

.450

11/22/24

541,294‌

TOTAL

HEALTH

CARE

EQUIPMENT

&

SERVICES

10,180,613‌

INSURANCE

-

0

.3

%

500,000

Aetna,

Inc

2

.800

06/15/23

493,798‌

200,000

Allstate

Corp

5

.750

08/15/53

175,250‌

300,000

Brown

&

Brown,

Inc

4

.200

09/15/24

298,964‌

500,000

g

Corebridge

Financial,

Inc

3

.500

04/04/25

485,792‌

1,000,000

g

Jackson

Financial,

Inc

1

.125

11/22/23

961,046‌

500,000

Marsh

&

McLennan

Cos,

Inc

3

.500

03/10/25

493,516‌

1,000,000

MetLife,

Inc

3

.000

03/01/25

981,015‌

300,000

Prudential

Financial,

Inc

5

.875

09/15/42

294,525‌

500,000

Prudential

Financial,

Inc

5

.625

06/15/43

487,475‌

TOTAL

INSURANCE

4,671,381‌

MATERIALS

-

0

.5

%

1,500,000

Amcor

Flexibles

North

America,

Inc

4

.000

05/17/25

1,483,466‌

750,000

Avery

Dennison

Corp

0

.850

08/15/24

707,633‌

325,000

Berry

Global,

Inc

0

.950

02/15/24

307,842‌

200,000

Celulosa

Arauco

y

Constitucion

S.A.

4

.500

08/01/24

198,400‌

1,000,000

Ecolab,

Inc

0

.900

12/15/23

968,300‌

285,000

LyondellBasell

Industries

NV

5

.750

04/15/24

291,520‌

300,000

Mosaic

Co

4

.250

11/15/23

302,086‌

250,000

e

Nucor

Corp

3

.950

05/23/25

248,598‌

300,000

Nutrien

Ltd

1

.900

05/13/23

295,199‌

300,000

PPG

Industries,

Inc

2

.400

08/15/24

291,921‌

1,000,000

Sonoco

Products

Co

1

.800

02/01/25

938,579‌

200,000

Westlake

Chemical

Corp

0

.875

08/15/24

190,880‌

TOTAL

MATERIALS

6,224,424‌

MEDIA

&

ENTERTAINMENT

-

0

.8

%

1,000,000

Asian

Infrastructure

Investment

Bank

3

.375

06/29/25

1,000,510‌

750,000

AstraZeneca

Finance

LLC

0

.700

05/28/24

710,708‌

200,000

e

Baidu,

Inc

3

.500

11/28/22

200,326‌

300,000

Baidu,

Inc

3

.875

09/29/23

301,014‌

500,000

g

Blackstone

Private

Credit

Fund

1

.750

09/15/24

461,905‌

750,000

g

Blackstone

Private

Credit

Fund

2

.350

11/22/24

689,409‌

500,000

g

Blackstone

Private

Credit

Fund

2

.700

01/15/25

456,232‌

500,000

g

Blackstone

Private

Credit

Fund

4

.700

03/24/25

480,325‌

250,000

Blackstone

Secured

Lending

Fund

3

.650

07/14/23

244,993‌

750,000

Charter

Communications

Operating

LLC

4

.500

02/01/24

754,438‌

1,000,000

Comcast

Corp

3

.700

04/15/24

1,002,393‌

750,000

Fox

Corp

4

.030

01/25/24

750,065‌

500,000

g

GSK

Consumer

Healthcare

Capital

US

LLC

3

.024

03/24/24

492,525‌

750,000

g

Magallanes,

Inc

3

.428

03/15/24

735,249‌

500,000

g

Magallanes,

Inc

3

.528

03/15/24

489,593‌

525,000

g

Magallanes,

Inc

3

.638

03/15/25

508,468‌

500,000

e,g

Magallanes,

Inc

3

.788

03/15/25

484,650‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

316

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

MEDIA

&

ENTERTAINMENT—continued

$

500,000

g

OWL

Rock

Core

Income

Corp

5

.500

%

03/21/25

$

480,015‌

200,000

Time

Warner

Entertainment

Co

LP

8

.375

03/15/23

205,801‌

500,000

Walt

Disney

Co

1

.750

08/30/24

481,847‌

TOTAL

MEDIA

&

ENTERTAINMENT

10,930,466‌

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

-

0

.9

%

750,000

AbbVie,

Inc

2

.300

11/21/22

748,508‌

300,000

AbbVie,

Inc

3

.750

11/14/23

300,781‌

750,000

AbbVie,

Inc

3

.850

06/15/24

749,367‌

1,500,000

AbbVie,

Inc

3

.800

03/15/25

1,487,992‌

500,000

AbbVie,

Inc

3

.600

05/14/25

491,869‌

750,000

Amgen,

Inc

1

.900

02/21/25

715,712‌

500,000

Bristol-Myers

Squibb

Co

2

.900

07/26/24

495,226‌

206,000

Gilead

Sciences,

Inc

0

.750

09/29/23

199,336‌

750,000

Gilead

Sciences,

Inc

3

.700

04/01/24

750,630‌

500,000

Gilead

Sciences,

Inc

3

.500

02/01/25

493,985‌

375,000

GlaxoSmithKline

Capital

plc

0

.534

10/01/23

362,287‌

500,000

GlaxoSmithKline

Capital,

Inc

3

.375

05/15/23

502,169‌

500,000

Illumina,

Inc

0

.550

03/23/23

489,485‌

28,000

Johnson

&

Johnson

2

.050

03/01/23

27,854‌

1,000,000

Merck

&

Co,

Inc

2

.750

02/10/25

988,050‌

750,000

PerkinElmer,

Inc

0

.850

09/15/24

694,153‌

500,000

Pfizer,

Inc

3

.400

05/15/24

500,717‌

500,000

Royalty

Pharma

plc

0

.750

09/02/23

481,466‌

300,000

Takeda

Pharmaceutical

Co

Ltd

4

.400

11/26/23

302,244‌

750,000

Thermo

Fisher

Scientific,

Inc

1

.215

10/18/24

710,541‌

TOTAL

PHARMACEUTICALS,

BIOTECHNOLOGY

&

LIFE

SCIENCES

11,492,372‌

REAL

ESTATE

-

0

.6

%

300,000

American

Tower

Corp

3

.500

01/31/23

299,909‌

750,000

American

Tower

Corp

0

.600

01/15/24

712,088‌

500,000

Boston

Properties

LP

3

.200

01/15/25

487,667‌

300,000

Crown

Castle

International

Corp

3

.150

07/15/23

296,737‌

500,000

Crown

Castle

International

Corp

3

.200

09/01/24

489,677‌

750,000

Essex

Portfolio

LP

3

.500

04/01/25

734,000‌

500,000

GLP

Capital

LP

3

.350

09/01/24

477,823‌

42,000

Omega

Healthcare

Investors,

Inc

4

.375

08/01/23

42,129‌

500,000

Omega

Healthcare

Investors,

Inc

4

.500

01/15/25

495,553‌

500,000

Realty

Income

Corp

3

.875

04/15/25

496,295‌

500,000

Simon

Property

Group

LP

2

.000

09/13/24

478,117‌

500,000

Simon

Property

Group

LP

3

.375

10/01/24

493,104‌

200,000

SL

Green

Operating

Partnership

LP

3

.250

10/15/22

199,498‌

500,000

Ventas

Realty

LP

2

.650

01/15/25

478,171‌

1,500,000

VICI

Properties

LP

4

.375

05/15/25

1,465,019‌

TOTAL

REAL

ESTATE

7,645,787‌

RETAILING

-

0

.5

%

700,000

Alibaba

Group

Holding

Ltd

3

.600

11/28/24

695,705‌

750,000

Amazon.com,

Inc

2

.730

04/13/24

744,187‌

1,000,000

Amazon.com,

Inc

0

.450

05/12/24

950,796‌

750,000

Amazon.com,

Inc

3

.000

04/13/25

742,384‌

300,000

AutoZone,

Inc

3

.125

07/15/23

298,783‌

400,000

Chevron

USA,

Inc

0

.426

08/11/23

388,789‌

500,000

Chevron

USA,

Inc

3

.900

11/15/24

505,809‌

225,000

Genuine

Parts

Co

1

.750

02/01/25

211,988‌

500,000

g

GSK

Consumer

Healthcare

Capital

UK

plc

3

.125

03/24/25

486,927‌

200,000

g

HF

Sinclair

Corp

2

.625

10/01/23

194,223‌

500,000

Home

Depot,

Inc

2

.700

04/15/25

490,581‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

317

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

RETAILING—continued

$

500,000

Lowe's

Cos,

Inc

3

.125

%

09/15/24

$

494,706‌

TOTAL

RETAILING

6,204,878‌

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

-

0

.3

%

250,000

Analog

Devices,

Inc

2

.950

04/01/25

244,896‌

500,000

Broadcom,

Inc

3

.625

10/15/24

494,996‌

800,000

Intel

Corp

3

.400

03/25/25

798,700‌

200,000

Microchip

Technology,

Inc

4

.333

06/01/23

200,107‌

1,000,000

NVIDIA

Corp

0

.584

06/14/24

949,274‌

1,000,000

Skyworks

Solutions,

Inc

0

.900

06/01/23

966,512‌

TOTAL

SEMICONDUCTORS

&

SEMICONDUCTOR

EQUIPMENT

3,654,485‌

SOFTWARE

&

SERVICES

-

1

.1

%

100,000

Adobe,

Inc

1

.700

02/01/23

99,346‌

750,000

Fidelity

National

Information

Services,

Inc

0

.600

03/01/24

709,867‌

250,000

Fiserv,

Inc

3

.800

10/01/23

250,121‌

750,000

Fiserv,

Inc

2

.750

07/01/24

731,575‌

300,000

Global

Payments,

Inc

4

.000

06/01/23

299,482‌

1,000,000

Global

Payments,

Inc

1

.500

11/15/24

938,753‌

1,500,000

International

Business

Machines

Corp

3

.000

05/15/24

1,487,986‌

360,000

Microsoft

Corp

2

.650

11/03/22

360,252‌

1,000,000

Microsoft

Corp

2

.375

05/01/23

996,739‌

475,000

Oracle

Corp

2

.625

02/15/23

473,045‌

500,000

Oracle

Corp

3

.625

07/15/23

498,467‌

1,250,000

e

Oracle

Corp

3

.400

07/08/24

1,232,148‌

1,700,000

Oracle

Corp

2

.950

05/15/25

1,627,239‌

1,500,000

salesforce.com,

Inc

0

.625

07/15/24

1,419,413‌

750,000

Take-Two

Interactive

Software,

Inc

3

.300

03/28/24

739,997‌

750,000

Take-Two

Interactive

Software,

Inc

3

.550

04/14/25

737,690‌

1,000,000

VMware,

Inc

0

.600

08/15/23

966,468‌

575,000

VMware,

Inc

1

.000

08/15/24

537,876‌

TOTAL

SOFTWARE

&

SERVICES

14,106,464‌

TECHNOLOGY

HARDWARE

&

EQUIPMENT

-

0

.4

%

2,000,000

Apple,

Inc

2

.500

02/09/25

1,961,159‌

500,000

Arrow

Electronics,

Inc

4

.000

04/01/25

497,039‌

400,000

Dell

International

LLC

5

.450

06/15/23

404,041‌

400,000

Hewlett

Packard

Enterprise

Co

4

.450

10/02/23

404,001‌

500,000

Hewlett

Packard

Enterprise

Co

1

.450

04/01/24

479,870‌

500,000

NXP

BV

4

.875

03/01/24

504,864‌

500,000

QUALCOMM,

Inc

3

.450

05/20/25

497,338‌

1,000,000

g

SYNNEX

Corp

1

.250

08/09/24

933,301‌

TOTAL

TECHNOLOGY

HARDWARE

&

EQUIPMENT

5,681,613‌

TELECOMMUNICATION

SERVICES

-

0

.4

%

1,000,000

AT&T,

Inc

0

.900

03/25/24

953,460‌

500,000

Bell

Canada

0

.750

03/17/24

476,154‌

500,000

British

Telecommunications

plc

4

.500

12/04/23

502,306‌

1,000,000

g

Rogers

Communications,

Inc

2

.950

03/15/25

966,024‌

1,000,000

T-Mobile

USA,

Inc

3

.500

04/15/25

978,040‌

1,000,000

Verizon

Communications,

Inc

3

.376

02/15/25

992,549‌

TOTAL

TELECOMMUNICATION

SERVICES

4,868,533‌

TRANSPORTATION

-

0

.3

%

500,000

Burlington

Northern

Santa

Fe

LLC

3

.400

09/01/24

498,680‌

1,000,000

Canadian

Pacific

Railway

Co

1

.350

12/02/24

940,703‌

300,000

Ryder

System,

Inc

3

.750

06/09/23

299,239‌

500,000

Ryder

System,

Inc

2

.500

09/01/24

482,375‌

450,000

Southwest

Airlines

Co

4

.750

05/04/23

453,557‌

500,000

Union

Pacific

Corp

3

.250

01/15/25

495,415‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

318

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

TRANSPORTATION—continued

$

300,000

United

Parcel

Service,

Inc

2

.500

%

04/01/23

$

299,153‌

TOTAL

TRANSPORTATION

3,469,122‌

UTILITIES

-

1

.6

%

750,000

American

Electric

Power

Co,

Inc

0

.750

11/01/23

721,323‌

750,000

American

Electric

Power

Co,

Inc

2

.031

03/15/24

725,541‌

200,000

Baltimore

Gas

&

Electric

Co

3

.350

07/01/23

199,388‌

350,000

Berkshire

Hathaway

Energy

Co

2

.800

01/15/23

349,565‌

1,000,000

Berkshire

Hathaway

Energy

Co

4

.050

04/15/25

1,006,110‌

500,000

Black

Hills

Corp

1

.037

08/23/24

467,478‌

500,000

CenterPoint

Energy

Resources

Corp

0

.700

03/02/23

489,648‌

250,000

Citizens

Bank

NA

4

.119

05/23/25

249,019‌

500,000

Consolidated

Edison,

Inc

0

.650

12/01/23

480,808‌

1,000,000

Duke

Energy

Corp

3

.750

04/15/24

998,945‌

1,000,000

Emera

US

Finance

LP

0

.833

06/15/24

933,692‌

725,000

Enbridge,

Inc

2

.500

02/14/25

695,939‌

453,000

Entergy

Louisiana

LLC

0

.620

11/17/23

436,380‌

500,000

Entergy

Louisiana

LLC

0

.950

10/01/24

469,532‌

500,000

Eversource

Energy

4

.200

06/27/24

501,469‌

1,000,000

NextEra

Energy

Capital

Holdings,

Inc

0

.650

03/01/23

982,829‌

250,000

NextEra

Energy

Capital

Holdings,

Inc

4

.200

06/20/24

251,177‌

500,000

NextEra

Energy

Capital

Holdings,

Inc

4

.450

06/20/25

503,459‌

250,000

OGE

Energy

Corp

0

.703

05/26/23

243,614‌

750,000

Oklahoma

Gas

and

Electric

Co

0

.553

05/26/23

728,761‌

500,000

ONE

Gas,

Inc

1

.100

03/11/24

476,297‌

750,000

Pacific

Gas

and

Electric

Co

1

.367

03/10/23

738,487‌

200,000

Pacific

Gas

and

Electric

Co

4

.250

08/01/23

198,873‌

1,000,000

Pacific

Gas

and

Electric

Co

1

.700

11/15/23

963,694‌

750,000

Pacific

Gas

and

Electric

Co

3

.250

02/16/24

730,479‌

250,000

Pacific

Gas

and

Electric

Co

4

.950

06/08/25

245,127‌

1,000,000

Public

Service

Enterprise

Group,

Inc

0

.841

11/08/23

959,318‌

750,000

g

Qorvo,

Inc

1

.750

12/15/24

700,590‌

500,000

Sempra

Energy

3

.300

04/01/25

488,484‌

1,000,000

Southern

California

Edison

Co

1

.100

04/01/24

951,296‌

500,000

Southern

California

Edison

Co

0

.975

08/01/24

471,382‌

250,000

Southern

California

Edison

Co

4

.200

06/01/25

251,579‌

1,000,000

Southern

Co

0

.600

02/26/24

946,404‌

1,000,000

Southern

Co

4

.475

08/01/24

1,003,815‌

200,000

Virginia

Electric

&

Power

Co

2

.750

03/15/23

198,677‌

500,000

WEC

Energy

Group,

Inc

0

.550

09/15/23

483,016‌

500,000

WEC

Energy

Group,

Inc

0

.800

03/15/24

474,795‌

350,000

Xcel

Energy,

Inc

0

.500

10/15/23

336,778‌

TOTAL

UTILITIES

22,053,768‌

TOTAL

CORPORATE

BONDS

324,743,278‌

(Cost

$337,256,801)

GOVERNMENT

BONDS

-

74.9%

AGENCY

SECURITIES

-

2

.9

%

2,000,000

Federal

Farm

Credit

Bank

(FFCB)

0

.125

04/13/23

1,958,860‌

800,000

FFCB

0

.125

05/10/23

781,562‌

330,000

FFCB

0

.250

02/26/24

316,233‌

750,000

FFCB

1

.125

01/06/25

715,885‌

1,000,000

FFCB

1

.750

02/14/25

967,099‌

1,500,000

Federal

Farm

Credit

Banks

Funding

Corp

0

.500

12/01/23

1,449,791‌

3,000,000

Federal

Farm

Credit

Banks

Funding

Corp

2

.625

05/16/24

2,980,261‌

1,000,000

Federal

Farm

Credit

Banks

Funding

Corp

0

.875

11/18/24

950,149‌

1,850,000

Federal

Home

Loan

Bank

(FHLB)

0

.500

11/09/23

1,789,416‌

1,000,000

FHLB

0

.500

04/14/25

932,210‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

319

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

AGENCY

SECURITIES—continued

$

4,000,000

Federal

Home

Loan

Banks

2

.125

%

02/28/24

$

3,945,686‌

3,000,000

Federal

Home

Loan

Banks

2

.750

06/28/24

2,982,637‌

2,000,000

Federal

Home

Loan

Banks

0

.750

12/13/24

1,892,921‌

2,000,000

Federal

Home

Loan

Banks

1

.000

12/20/24

1,900,619‌

2,500,000

Federal

Home

Loan

Mortgage

Corp

(FHLMC)

0

.375

04/20/23

2,450,318‌

1,000,000

FHLMC

0

.250

06/26/23

973,281‌

1,500,000

FHLMC

0

.250

08/24/23

1,454,562‌

650,000

FHLMC

0

.250

09/08/23

629,827‌

750,000

FHLMC

0

.125

10/16/23

723,428‌

1,000,000

FHLMC

0

.250

11/06/23

964,648‌

945,000

FHLMC

0

.250

12/04/23

909,269‌

3,000,000

FHLMC

1

.500

02/12/25

2,883,741‌

750,000

Federal

National

Mortgage

Association

(FNMA)

0

.250

07/10/23

730,120‌

500,000

FNMA

0

.250

11/27/23

481,775‌

2,000,000

FNMA

1

.625

01/07/25

1,931,171‌

1,000,000

FNMA

0

.625

04/22/25

935,104‌

TOTAL

AGENCY

SECURITIES

38,630,573‌

FOREIGN

GOVERNMENT

BONDS

-

5

.0

%

1,250,000

Asian

Development

Bank

1

.625

01/24/23

1,241,186‌

1,750,000

Asian

Development

Bank

0

.250

07/14/23

1,699,775‌

500,000

Asian

Development

Bank

0

.250

10/06/23

483,182‌

1,500,000

Asian

Development

Bank

0

.375

06/11/24

1,422,858‌

2,220,000

Asian

Development

Bank

0

.625

10/08/24

2,102,362‌

750,000

Asian

Infrastructure

Investment

Bank

0

.250

09/29/23

725,081‌

1,300,000

Asian

Infrastructure

Investment

Bank

0

.500

10/30/24

1,222,417‌

1,870,000

Canada

Government

International

Bond

2

.875

04/28/25

1,856,803‌

300,000

Chile

Government

International

Bond

2

.250

10/30/22

299,094‌

500,000

Corp

Andina

de

Fomento

2

.375

05/12/23

496,527‌

675,000

Corp

Andina

de

Fomento

1

.250

10/26/24

640,504‌

500,000

Council

of

Europe

Development

Bank

0

.250

06/10/23

486,880‌

500,000

Council

Of

Europe

Development

Bank

0

.250

10/20/23

482,075‌

1,000,000

European

Bank

for

Reconstruction

&

Development

0

.250

07/10/23

973,270‌

1,360,000

European

Investment

Bank

0

.250

09/15/23

1,314,576‌

1,500,000

European

Investment

Bank

3

.250

01/29/24

1,504,800‌

2,000,000

European

Investment

Bank

0

.375

07/24/24

1,893,460‌

1,000,000

e

European

Investment

Bank

2

.500

10/15/24

987,820‌

1,000,000

e

Export-Import

Bank

of

Korea

0

.375

02/09/24

954,939‌

750,000

Export-Import

Bank

of

Korea

0

.625

06/29/24

710,756‌

500,000

Export-Import

Bank

of

Korea

1

.250

01/18/25

472,675‌

500,000

FMS

Wertmanagement

AoeR

2

.750

03/06/23

499,643‌

500,000

FMS

Wertmanagement

AoeR

2

.750

01/30/24

497,841‌

300,000

Indonesia

Government

International

Bond

2

.950

01/11/23

299,976‌

1,100,000

Inter-American

Development

Bank

2

.500

01/18/23

1,099,131‌

1,500,000

Inter-American

Development

Bank

0

.250

11/15/23

1,447,207‌

1,000,000

Inter-American

Development

Bank

2

.625

01/16/24

993,220‌

1,500,000

Inter-American

Development

Bank

0

.500

09/23/24

1,417,527‌

2,000,000

Inter-American

Development

Bank

2

.125

01/15/25

1,951,607‌

1,000,000

Inter-American

Investment

Corp

2

.625

04/22/25

983,477‌

1,000,000

International

Bank

for

Reconstruction

&

Development

1

.875

06/19/23

989,956‌

1,250,000

International

Bank

for

Reconstruction

&

Development

0

.250

11/24/23

1,204,784‌

1,500,000

International

Bank

for

Reconstruction

&

Development

1

.500

08/28/24

1,452,025‌

2,000,000

International

Bank

for

Reconstruction

&

Development

2

.500

11/25/24

1,973,224‌

1,500,000

International

Bank

for

Reconstruction

&

Development

0

.625

04/22/25

1,399,851‌

500,000

International

Finance

Corp

2

.875

07/31/23

499,936‌

500,000

Israel

Government

International

Bond

3

.150

06/30/23

497,487‌

200,000

Japan

Bank

for

International

Cooperation

1

.625

10/17/22

199,578‌

450,000

Japan

Bank

for

International

Cooperation

1

.750

01/23/23

448,024‌

800,000

Japan

Bank

for

International

Cooperation

0

.625

05/22/23

783,845‌

500,000

Japan

Bank

for

International

Cooperation

3

.250

07/20/23

501,007‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

320

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

FOREIGN

GOVERNMENT

BONDS—continued

$

300,000

Japan

Bank

for

International

Cooperation

0

.375

%

09/15/23

$

290,476‌

700,000

Japan

Bank

for

International

Cooperation

3

.375

10/31/23

703,488‌

1,050,000

Japan

Bank

for

International

Cooperation

0

.500

04/15/24

1,001,590‌

1,000,000

Japan

Bank

for

International

Cooperation

1

.750

10/17/24

968,501‌

400,000

Japan

Bank

for

International

Cooperation

2

.875

04/14/25

395,744‌

550,000

Korea

Development

Bank

0

.500

10/27/23

530,294‌

500,000

Korea

Development

Bank

0

.400

03/09/24

475,690‌

500,000

Korea

Development

Bank

0

.400

06/19/24

472,745‌

1,000,000

Korea

Development

Bank

2

.000

02/24/25

959,885‌

500,000

Korea

Government

International

Bond

3

.875

09/11/23

504,560‌

500,000

Kreditanstalt

fuer

Wiederaufbau

0

.250

10/19/23

482,860‌

1,400,000

Kreditanstalt

fuer

Wiederaufbau

0

.250

03/08/24

1,335,593‌

1,500,000

Kreditanstalt

fuer

Wiederaufbau

0

.500

09/20/24

1,418,505‌

1,500,000

Landwirtschaftliche

Rentenbank

0

.500

05/27/25

1,392,450‌

1,000,000

Nordic

Investment

Bank

0

.375

09/20/24

942,740‌

300,000

Panama

Government

International

Bond

3

.750

03/16/25

296,166‌

1,000,000

Poland

Government

International

Bond

4

.000

01/22/24

998,566‌

500,000

Province

of

Alberta

Canada

3

.350

11/01/23

501,855‌

1,250,000

Province

of

Alberta

Canada

2

.950

01/23/24

1,246,187‌

750,000

Province

of

Alberta

Canada

1

.875

11/13/24

728,212‌

500,000

Province

of

British

Columbia

Canada

1

.750

09/27/24

485,187‌

600,000

Province

of

Ontario

Canada

3

.400

10/17/23

602,086‌

1,000,000

Province

of

Ontario

Canada

3

.050

01/29/24

998,853‌

1,000,000

Province

of

Quebec

Canada

2

.875

10/16/24

994,750‌

750,000

Province

of

Quebec

Canada

1

.500

02/11/25

718,670‌

1,000,000

Republic

of

Italy

Government

International

Bond

6

.875

09/27/23

1,037,442‌

1,000,000

Republic

of

Italy

Government

International

Bond

0

.875

05/06/24

945,067‌

300,000

Republic

of

Italy

Government

International

Bond

2

.375

10/17/24

290,113‌

1,000,000

Svensk

Exportkredit

AB

0

.750

04/06/23

983,223‌

1,000,000

Svensk

Exportkredit

AB

0

.500

11/10/23

966,942‌

500,000

Svensk

Exportkredit

AB

0

.375

03/11/24

476,376‌

925,000

Svensk

Exportkredit

AB

0

.625

10/07/24

874,252‌

TOTAL

FOREIGN

GOVERNMENT

BONDS

66,129,454‌

MUNICIPAL

BONDS

-

0

.0

%

280,000

Port

Authority

of

New

York

&

New

Jersey

1

.086

07/01/23

274,811‌

TOTAL

MUNICIPAL

BONDS

274,811‌

U.S.

TREASURY

SECURITIES

-

67

.0

%

16,500,000

United

States

Treasury

Note

0

.125

08/15/23

15,979,219‌

4,250,000

United

States

Treasury

Note

0

.125

08/31/23

4,111,709‌

6,750,000

United

States

Treasury

Note

0

.125

09/15/23

6,523,506‌

10,500,000

United

States

Treasury

Note

0

.250

09/30/23

10,153,828‌

33,750,000

United

States

Treasury

Note

0

.125

10/15/23

32,537,109‌

6,750,000

United

States

Treasury

Note

0

.375

10/31/23

6,523,242‌

46,250,000

United

States

Treasury

Note

0

.250

11/15/23

44,569,824‌

21,000,000

United

States

Treasury

Note

0

.500

11/30/23

20,286,328‌

33,250,000

United

States

Treasury

Note

0

.125

12/15/23

31,904,414‌

17,200,000

United

States

Treasury

Note

0

.750

12/31/23

16,639,656‌

16,600,000

United

States

Treasury

Note

0

.125

01/15/24

15,889,961‌

14,000,000

United

States

Treasury

Note

0

.875

01/31/24

13,547,187‌

48,243,000

United

States

Treasury

Note

0

.125

02/15/24

46,092,795‌

22,250,000

United

States

Treasury

Note

1

.500

02/29/24

21,725,908‌

42,000,000

United

States

Treasury

Note

0

.250

03/15/24

40,101,797‌

18,000,000

United

States

Treasury

Note

2

.250

03/31/24

17,773,594‌

34,000,000

United

States

Treasury

Note

0

.375

04/15/24

32,456,719‌

10,000,000

United

States

Treasury

Note

2

.625

04/30/24

9,912,891‌

33,000,000

United

States

Treasury

Note

0

.250

05/15/24

31,364,180‌

13,400,000

e

United

States

Treasury

Note

2

.500

05/31/24

13,279,086‌

41,000,000

United

States

Treasury

Note

0

.250

06/15/24

38,879,531‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

321

TIAA-CREF

Funds

continued

PRINCIPAL

ISSUER

REFERENCE

RATE

&

SPREAD

RATE

MATURITY

DATE

VALUE

U.S.

TREASURY

SECURITIES—continued

$

16,000,000

United

States

Treasury

Note

3

.000

%

06/30/24

$

16,008,125‌

35,000,000

United

States

Treasury

Note

0

.375

07/15/24

33,198,047‌

53,000,000

United

States

Treasury

Note

0

.375

08/15/24

50,136,758‌

32,500,000

United

States

Treasury

Note

0

.375

09/15/24

30,674,414‌

30,000,000

United

States

Treasury

Note

0

.625

10/15/24

28,423,828‌

44,500,000

United

States

Treasury

Note

0

.750

11/15/24

42,195,039‌

44,500,000

United

States

Treasury

Note

1

.000

12/15/24

42,377,559‌

26,500,000

United

States

Treasury

Note

1

.125

01/15/25

25,272,305‌

22,000,000

United

States

Treasury

Note

1

.500

02/15/25

21,144,062‌

43,000,000

United

States

Treasury

Note

1

.750

03/15/25

41,570,586‌

14,000,000

United

States

Treasury

Note

2

.625

04/15/25

13,847,969‌

35,000,000

United

States

Treasury

Note

2

.750

05/15/25

34,732,031‌

34,000,000

United

States

Treasury

Note

2

.875

06/15/25

33,864,531‌

5,000,000

United

States

Treasury

Note

0

.250

08/31/25

4,578,125‌

4,000,000

United

States

Treasury

Note

0

.250

09/30/25

3,654,531‌

TOTAL

U.S.

TREASURY

SECURITIES

891,930,394‌

TOTAL

GOVERNMENT

BONDS

996,965,232‌

(Cost

$1,033,952,485)

STRUCTURED

ASSETS

-

0.0%

ASSET

BACKED

-

0

.0

%

200,000

Delta

Air

Lines

Pass

Through

Trust

3

.204

04/25/24

193,321‌

Series

-

2019

1

(Class

AA)

TOTAL

ASSET

BACKED

193,321‌

TOTAL

STRUCTURED

ASSETS

193,321‌

(Cost

$209,838)

TOTAL

BONDS

1,321,901,831‌

(Cost

$1,371,419,124)

REFERENCERATE

&

SPREAD

SHORT-TERM

INVESTMENTS

-

2.1%

REPURCHASE

AGREEMENT

-

0

.7

%

$

8,740,000

r

Fixed

Income

Clearing

Corp

(FICC)

1

.450

07/01/22

8,740,000‌

TOTAL

REPURCHASE

AGREEMENT

8,740,000‌

SHARES

COMPANY

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

-

1

.4

%

18,459,186

c

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

1

.540

18,459,186‌

TOTAL

INVESTMENTS

IN

REGISTERED

INVESTMENT

COMPANIES

18,459,186‌

TOTAL

SHORT-TERM

INVESTMENTS

27,199,186‌

(Cost

$27,199,186)

TOTAL

INVESTMENTS

-

101.4%

1,349,101,017‌

(Cost

$1,398,618,310)

OTHER

ASSETS

&

LIABILITIES,

NET

-

(1.4)%

(

18,432,031‌

)

NET

ASSETS

-

100.0%

$

1,330,668,986‌

Portfolio

of

investments

(unaudited)

Short-Term

Bond

Index

Fund

June

30,

2022

322

TIAA-CREF

Funds

concluded

‡

Perpetual

security

c

Investments

made

with

cash

collateral

received

from

securities

on

loan.

e

All

or

a

portion

of

these

securities

are

out

on

loan.

The

aggregate

value

of

securities

on

loan

is

$18,316,167.

g

Security

is

exempt

from

registration

under

Rule

144(A)

of

the

Securities

Act

of

1933,

as

amended.

Such

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

buyers.

At

6/30/22,

the

aggregate

value

of

these

securities

is

$10,506,033

or

0.8%

of

net

assets.

h

All

or

a

portion

of

these

securities

were

purchased

on

a

delayed

delivery

basis.

r

Agreement

with

Fixed

Income

Clearing

Corp

(FICC),

1.450%

dated

6/30/22

to

be

repurchased

at

$8,740,000

on

7/1/22,

collateralized

by

Government

Agency

Securities,

with

coupon

rates

0.500%–1.625%

and

maturity

dates

2/15/26–2/28/26,

valued

at

$8,914,876.

TIAA-CREF

FUNDS

-

Notes

to

schedules

of

investments

(unaudited)

323

Organization

and

significant

accounting

policies

Part

F

of

Form

N-PORT

was

prepared in

accordance

with

accounting

principles

generally

accepted

in

the

United

States

of

America

(“U.S.

GAAP”)

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission related

to

interim

filings. Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report.

For

a

full

set

of

financial

statement

notes,

please

refer

to

the

most

recently

filed

annual

or

semiannual

report.

Valuation

of

investments

The

Funds’

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management’s

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels:  

Level

1

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

2

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

3

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management’s

assumptions

in

determining

the

fair

value

of

investments).

The

following

table

summarizes

the

market

value

of

the

Funds’

investments

as

of

June

30,

2022,

based

on

the

inputs

used

to

value

them:

Fund

Level

1

Level

2

Level

3

Total

Real

Estate

Securities

Common

stocks

$3,347,357,700

$18,729,629

$—

$3,366,087,329

Short-term

investments

—

69,054,117

—

69,054,117

Total

$3,347,357,700

$87,783,746

$—

$3,435,141,446

1

1

1

1

1

Bond

Index

Corporate

bonds

$—

$4,914,671,995

$364,346

$4,915,036,341

Government

bonds

—

14,408,356,080

—

14,408,356,080

Structured

assets

—

491,684,763

—

491,684,763

Short-term

investments

100,376,877

208,261,941

—

308,638,818

Total

$100,376,877

$20,022,974,779

$364,346

$20,123,716,002

1

1

1

1

1

Core

Bond

Bank

loan

obligations

$—

$109,382,706

$336,375

$109,719,081

Corporate

bonds

—

3,450,865,191

5,717,341

3,456,582,532

Government

bonds

—

4,378,680,132

6,321,486

4,385,001,618

Structured

assets

—

1,555,491,787

8,270,954

1,563,762,741

Common

stocks

—

398,885

—

398,885

Preferred

stocks

10,220,000

—

—

10,220,000

Short-term

investments

318,304,489

853,910,994

—

1,172,215,483

Total

$328,524,489

$10,348,729,695

$20,646,156

$10,697,900,340

1

1

1

1

1

Core

Impact

Bond

Bank

loan

obligations

$—

$37,308,733

$23,567

$37,332,300

Corporate

bonds

—

2,324,979,955

—

2,324,979,955

Government

bonds

—

3,042,181,242

4,373,245

3,046,554,487

Structured

assets

—

821,131,463

2,592,782

823,724,245

Preferred

stocks

44,025,490

—

—

44,025,490

Short-term

investments

97,857,092

256,361,109

—

354,218,201

Total

$141,882,582

$6,481,962,502

$6,989,594

$6,630,834,678

1

1

1

1

1

324

TIAA-CREF

FUNDS

-

Notes

to

schedules

of

investments

(unaudited)

Fund

Level

1

Level

2

Level

3

Total

Core

Plus

Bond

Bank

loan

obligations

$—

$76,088,592

$224,250

$76,312,842

Corporate

bonds

—

1,793,526,473

4,531,374

1,798,057,847

Government

bonds

—

1,800,714,311

4,300,730

1,805,015,041

Structured

assets

—

861,685,986

7,697,153

869,383,139

Common

stocks

—

471,039

15

471,054

Preferred

stocks

8,845,081

—

—

8,845,081

Short-term

investments

79,711,075

386,163,520

—

465,874,595

Total

$88,556,156

$4,918,649,921

$16,753,522

$5,023,959,599

1

1

1

1

1

5-15

Year

Laddered

Tax-Exempt

Bond

Long-term

municipal

bonds

$

—

$

248,358,943

$

335,050

$

248,693,993

Total

$—

$248,358,943

$335,050

$248,693,993

1

1

1

1

1

Green

Bond

Bank

loan

obligations

$—

$1,869,559

$—

$1,869,559

Corporate

bonds

—

48,194,332

—

48,194,332

Government

bonds

—

20,547,290

—

20,547,290

Structured

assets

—

21,149,176

225,299

21,374,475

Preferred

stocks

1,074,680

—

—

1,074,680

Short-term

investments

1,177,859

3,710,000

—

4,887,859

Total

$2,252,539

$95,470,357

$225,299

$97,948,195

1

1

1

1

1

High-Yield

Bank

loan

obligations

$—

$206,290,060

$—

$206,290,060

Corporate

bonds

—

2,165,112,710

—

2,165,112,710

Common

stocks

—

—

80

80

Short-term

investments

46,729,240

20,274,345

—

67,003,585

Total

$46,729,240

$2,391,677,115

$80

$2,438,406,435

1

1

1

1

1

Inflation-Linked

Bond

Government

bonds

$—

$2,807,365,104

$—

$2,807,365,104

Short-term

investments

—

14,295,000

—

14,295,000

Futures

contracts**

210,261

—

—

210,261

Total

$210,261

$2,821,660,104

$—

$2,821,870,365

1

1

1

1

1

Short

Duration

Impact

Bond

Bank

loan

obligations

$—

$1,869,558

$—

$1,869,558

Corporate

bonds

—

12,107,315

—

12,107,315

Government

bonds

—

20,494,737

—

20,494,737

Structured

assets

—

10,729,093

—

10,729,093

Short-term

investments

6,205,752

4,565,000

—

10,770,752

Total

$6,205,752

$49,765,703

$—

$55,971,455

1

1

1

1

1

Short-Term

Bond

Bank

loan

obligations

$—

$37,950,341

$—

$37,950,341

Corporate

bonds

—

639,367,872

—

639,367,872

Government

bonds

—

758,403,465

—

758,403,465

Structured

assets

—

441,444,623

1

441,444,624

Short-term

investments

75,223,943

47,710,000

—

122,933,943

Futures

contracts**

1,656,355

—

—

1,656,355

Total

$76,880,298

$1,924,876,301

$1

$2,001,756,600

1

1

1

1

1

Short-Term

Bond

Index

Corporate

bonds

$—

$324,743,278

$—

$324,743,278

Government

bonds

—

996,965,232

—

996,965,232

Structured

assets

—

193,321

—

193,321

Short-term

investments

18,459,186

8,740,000

—

27,199,186

Total

$18,459,186

$1,330,641,831

$—

$1,349,101,017

1

1

1

1

1

**

Derivative

instruments

are

not

reflected

in

the

market

value

of

portfolio

investments.

A12451-C

(8/22)