Portfolio

of

investments

(unaudited)

Managed

Allocation

Fund

February

28,

2023

1

SHARES

SECURITY

VALUE

AFFILIATED

INVESTMENT

COMPANIES—100.0%a

FIXED

INCOME—40.1%

36,347,841

TIAA-CREF

Core

Plus

Bond

Fund

$

328,584,479‌

TOTAL

FIXED

INCOME

328,584,479‌

INTERNATIONAL

EQUITY—20.8%

3,806,050

TIAA-CREF

Emerging

Markets

Equity

Fund

28,278,952‌

6,234,644

TIAA-CREF

International

Equity

Fund

74,566,339‌

3,221,854

TIAA-CREF

International

Opportunities

Fund

43,946,084‌

2,545,456

TIAA-CREF

Quant

International

Small-Cap

Equity

Fund

24,029,108‌

TOTAL

INTERNATIONAL

EQUITY

170,820,483‌

U.S.

EQUITY—39.1%

911,584

Nuveen

Dividend

Growth

Fund

45,816,208‌

3,847,687

Nuveen

Dividend

Value

Fund

52,443,974‌

2,568,375

Nuveen

Growth

Opportunities

ETF

47,643,356‌

3,512,107

TIAA-CREF

Growth

&

Income

Fund

46,113,970‌

2,732,278

TIAA-CREF

Large-Cap

Growth

Fund

47,814,871‌

2,725,123

TIAA-CREF

Large-Cap

Value

Fund

52,594,875‌

805,890

TIAA-CREF

Quant

Small-Cap

Equity

Fund

13,200,482‌

1,200,478

TIAA-CREF

Quant

Small/Mid-Cap

Equity

Fund

15,258,077‌

TOTAL

U.S.

EQUITY

320,885,813‌

TOTAL

AFFILIATED

INVESTMENT

COMPANIES

820,290,775‌

(Cost

$795,856,466)

PRINCIPAL

ISSUER

RATE

MATURITY

DATE

SHORT-TERM

INVESTMENTS—0.1%

GOVERNMENT

AGENCY

DEBT—0.1%

$755,000

Federal

Farm

Credit

Bank

(FFCB)

0

.000

%

03/01/23

755,000‌

TOTAL

GOVERNMENT

AGENCY

DEBT

755,000‌

TOTAL

SHORT-TERM

INVESTMENTS

755,000‌

(Cost

$755,000)

TOTAL

INVESTMENTS—100.1%

821,045,775‌

(Cost

$796,611,466)

OTHER

ASSETS

&

LIABILITIES,

NET—(0.1)%

(

639,641‌

)

NET

ASSETS—100.0%

$

820,406,134‌

ETF

Exchange

Traded

Fund

a

The

Fund

invests

its

assets

in

the

affiliated

Nuveen

Growth

Opportunities

ETF,

Institutional

Class

shares

of

the

affiliated

TIAA-CREF

Funds

and

Class

R6

shares

of

the

affiliated

Nuveen

Funds.

Managed

Allocation

Fund

February

28,

2023

Notes

to

portfolio

of

investments

(unaudited)

2

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

Adviser,

subject

to

the

review

and

oversight

of

the

Board.

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

that

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).

A

description

of

the

valuation

techniques

applied

to

the

Funds’

major

classifications

of

assets

and

liabilities

measured

at

fair

value

follows:

Investments

in

registered

investment

companies:

Investments

in

investment

companies

are

valued

at

their

respective NAVs

or

share

price

on

the

valuation

date

and

are

generally

classified

as Level

1.

The

following

table

summarizes

the

market

value

of

the Fund’s

investments

as

of

February

28,

2023,

based

on

the

inputs

used

to

value

them: 

Fund

Level

1

Level

2

Level

3

Total

Managed

Allocation

Registered

investment

companies

$820,290,775

$—

$—

$820,290,775

Short-term

investments

—

755,000

—

755,000

Total

$820,290,775

$755,000

$—

$821,045,775

1

1

1

1

1

A12453-B

(4/23)