0001752724-23-087321.txt : 20230425
0001752724-23-087321.hdr.sgml : 20230425
20230425150351
ACCESSION NUMBER: 0001752724-23-087321
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230228
FILED AS OF DATE: 20230425
DATE AS OF CHANGE: 20230425
PERIOD START: 20230531
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: TIAA-CREF FUNDS
CENTRAL INDEX KEY: 0001084380
IRS NUMBER: 134055167
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-09301
FILM NUMBER: 23844361
BUSINESS ADDRESS:
STREET 1: 730 THIRD AVE.
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2129166746
MAIL ADDRESS:
STREET 1: 730 THIRD AVE.
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: TIAA CREF INSTITUTIONAL MUTUAL FUNDS
DATE OF NAME CHANGE: 19990415
0001084380
S000005380
TIAA-CREF Lifecycle 2035 Fund
C000014644
Retirement Class
TCLRX
C000047977
Institutional Class
TCIIX
C000079564
Premier Class
TCYPX
C000162557
Advisor Class
TCYHX
NPORT-P
1
primary_doc.xml
NPORT-P
false
0001084380
XXXXXXXX
S000005380
C000079564
C000014644
C000047977
C000162557
TIAA-CREF Funds
811-09301
0001084380
549300L8R42TEBN5NG46
730 Third Avenue
New York
10017
800-842-2733
TIAA-CREF Lifecycle 2035 Fund
S000005380
5493000ZBTSE28AGDV74
2023-05-31
2023-02-28
N
4657074771.00
1464818.00
4655609953.00
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
651.00000000
N
TIAA-CREF Emerging Markets Debt Fund
549300WLIUEOX123JU96
TIAA-CREF Emerging Markets Debt Fund
87249N701
6479420.44900000
NS
USD
51122627.34000000
1.098086563438
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Large-Cap Growth Fund
549300WD82RYV9745L98
TIAA-CREF Large-Cap Growth Fund
87245P189
17870889.31500000
NS
USD
312561854.12000000
6.713660664776
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF International Opportunities Fund
549300HZ2T3OBTEPQL02
TIAA-CREF International Opportunities Fund
87249N404
20700748.45600000
NS
USD
282979231.39000000
6.078241825384
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Emerging Markets Equity Fund
5493004W92G2B8L4SC94
TIAA-CREF Emerging Markets Equity Fund
87249N107
24371789.59600000
NS
USD
181569832.49000000
3.900022431496
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF International Equity Fund
5493008RRTKJOPRQXQ17
TIAA-CREF International Equity Fund
87249N305
40304097.97700000
NS
USD
483649175.72000000
10.38852439535
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF High Yield Fund
H2OKFT33VTKYL2CM0S54
TIAA-CREF High-Yield Fund
87245P387
9365177.00900000
NS
USD
77450013.86000000
1.663584678310
Long
EC
RF
US
N
1
N
N
N
Nuveen Dividend Growth Fund
549300J0CU6GUC7VG876
Nuveen Dividend Growth Fund
670725365
5980408.31000000
NS
USD
300575321.66000000
6.456196388752
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF International Bond Fund
549300G6OT5H8V4S5S27
TIAA-CREF International Bond Fund
87249N800
7285264.18600000
NS
USD
57043618.58000000
1.225266273503
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Core Bond Fund
YWIZ7MJ37MMDNKLMSJ20
TIAA-CREF Core Bond Fund
87245P429
62844170.78400000
NS
USD
566854420.47000000
12.17572834048
Long
EC
RF
US
N
1
N
N
N
Nuveen Growth Opportunities ETF
549300XDBSCM6Y68TP61
Nuveen Growth Opportunities ETF
67092P797
16746961.00000000
NS
USD
310656126.55000000
6.672726660656
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Real Property Fund LP
N/A
TIAA-CREF Real Property Fund LP
930JFH902
22473658.11200000
NS
USD
270358107.09000000
5.807146857648
Long
EC
PF
US
Y
N/A
N
N
N
TIAA-CREF Core Plus Bond Fund
0MUK3R86NU2905A9L154
TIAA-CREF Core Plus Bond Fund
87245P395
38671004.83200000
NS
USD
349585883.68000000
7.508916924080
Long
EC
RF
US
N
1
N
N
N
Nuveen Dividend Value Fund
549300W2PEK6JFFS9G96
Nuveen Dividend Value Fund
670690130
24166591.23100000
NS
USD
329390638.48000000
7.075133909526
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Quant Small-Cap Equity Fund
5493008H8U7UF8JZVG45
TIAA-CREF Quant Small-Cap Equity Fund
87245P148
5265847.16100000
NS
USD
86149259.55000000
1.850439801007
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Large Cap Value Fund
5493000JPMJ0WJUSV611
TIAA-CREF Large-Cap Value Fund
87245P171
17104902.63100000
NS
USD
330124620.78000000
7.090899454909
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Short-Term Bond Fund
LX9SPIO1NDXQFEVEXG44
TIAA-CREF Short-Term Bond Fund
87245P361
4968900.01900000
NS
USD
48943665.19000000
1.051283627367
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Inflation Linked Bond Fund
549300IMCW5W9RAP7S77
TIAA-CREF Inflation-Linked Bond Fund
87245P379
4672891.03800000
NS
USD
48784982.44000000
1.047875207169
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Growth & Income Fund
549300H2QF6W68HZGC62
TIAA-CREF Growth & Income Fund
87245P197
23088798.52200000
NS
USD
302925036.61000000
6.506667003209
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Quant International Small-Cap Equity Fund
549300RSIV79MF5GGQ29
TIAA-CREF Quant International Small-Cap Equity Fund
87249N503
16471714.97000000
NS
USD
155822423.62000000
3.346981924883
Long
EC
RF
US
N
1
N
N
N
TIAA-CREF Quant Small/Mid-Cap Equity Fund
549300VL9HIO1ISLDM68
TIAA-CREF Quant Small/Mid-Cap Equity Fund
87245P130
7859598.25300000
NS
USD
100052685.76000000
2.149077924698
Long
EC
RF
US
N
1
N
N
N
Federal Home Loan Bank Discount Notes
2549001DPIFGXC1TOL40
Federal Home Loan Bank (FHLB)
313384CM9
6525000.00000000
PA
USD
6525000.00000000
0.140153493653
Long
STIV
USGSE
US
N
2
N
N
N
2023-02-28
TIAA-CREF Funds
E. Scott Wickerham
E. Scott Wickerham
Principal Financial Officer, Principal Accounting Officer and Treasurer
XXXX
NPORT-EX
2
tiaa_C264.htm
Portfolio
of
Investments
(unaudited)
Lifecycle
Retirement
Income
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—100.0%a
DIRECT
REAL
ESTATE—5.8%
2,190,888
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-1/31/23;
cost
$23,306,724)
$
26,356,389
TOTAL
DIRECT
REAL
ESTATE
26,356,389
FIXED
INCOME—40.4%
10,576,635
TIAA-CREF
Core
Bond
Fund
95,401,248
6,542,830
TIAA-CREF
Core
Plus
Bond
Fund
59,147,187
1,086,876
TIAA-CREF
Emerging
Markets
Debt
Fund
8,575,454
1,372,084
TIAA-CREF
High-Yield
Fund
11,347,132
1,216,010
TIAA-CREF
International
Bond
Fund
9,521,356
TOTAL
FIXED
INCOME
183,992,377
INFLATION-PROTECTED
ASSETS—10.1%
4,390,007
TIAA-CREF
Inflation-Linked
Bond
Fund
45,831,670
TOTAL
INFLATION-PROTECTED
ASSETS
45,831,670
INTERNATIONAL
EQUITY—11.9%
1,199,861
TIAA-CREF
Emerging
Markets
Equity
Fund
8,938,965
1,957,649
TIAA-CREF
International
Equity
Fund
23,491,787
1,010,613
TIAA-CREF
International
Opportunities
Fund
13,815,075
801,882
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
7,585,807
TOTAL
INTERNATIONAL
EQUITY
53,831,634
SHORT-TERM
FIXED
INCOME—10.1%
4,652,149
TIAA-CREF
Short-Term
Bond
Fund
45,823,669
TOTAL
SHORT-TERM
FIXED
INCOME
45,823,669
U.S.
EQUITY—21.7%
287,598
Nuveen
Dividend
Growth
Fund
14,454,699
1,166,425
Nuveen
Dividend
Value
Fund
15,898,370
784,087
Nuveen
Growth
Opportunities
ETF
14,544,814
1,104,393
TIAA-CREF
Growth
&
Income
Fund
14,489,642
832,458
TIAA-CREF
Large-Cap
Growth
Fund
14,559,697
825,151
TIAA-CREF
Large-Cap
Value
Fund
15,925,422
254,484
TIAA-CREF
Quant
Small-Cap
Equity
Fund
4,163,357
377,827
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
4,809,744
TOTAL
U.S.
EQUITY
98,845,745
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
454,681,484
(Cost
$457,858,639)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.0%
GOVERNMENT
AGENCY
DEBT—0.0%
$227,000
Federal
Farm
Credit
Bank
(FFCB)
0
.000
%
03/01/23
227,000
TOTAL
GOVERNMENT
AGENCY
DEBT
227,000
TOTAL
SHORT-TERM
INVESTMENTS
227,000
(Cost
$227,000)
TOTAL
INVESTMENTS—100.0%
454,908,484
(Cost
$458,085,639)
OTHER
ASSETS
&
LIABILITIES,
NET—(0.0)%
(
126,926
)
NET
ASSETS—100.0%
$
454,781,558
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
Retirement
Income
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$26,356,389
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2010
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%a
DIRECT
REAL
ESTATE—4.3%
3,110,758
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
7/01/16-1/26/21;
cost
$32,167,532)
$
37,422,424
TOTAL
DIRECT
REAL
ESTATE
37,422,424
FIXED
INCOME—40.4%
20,258,230
TIAA-CREF
Core
Bond
Fund
182,729,238
12,531,294
TIAA-CREF
Core
Plus
Bond
Fund
113,282,897
2,081,485
TIAA-CREF
Emerging
Markets
Debt
Fund
16,422,919
2,630,028
TIAA-CREF
High-Yield
Fund
21,750,336
2,317,100
TIAA-CREF
International
Bond
Fund
18,142,897
TOTAL
FIXED
INCOME
352,328,287
INFLATION-PROTECTED
ASSETS—10.0%
8,396,393
TIAA-CREF
Inflation-Linked
Bond
Fund
87,658,339
TOTAL
INFLATION-PROTECTED
ASSETS
87,658,339
INTERNATIONAL
EQUITY—11.4%
2,221,480
TIAA-CREF
Emerging
Markets
Equity
Fund
16,550,026
3,625,464
TIAA-CREF
International
Equity
Fund
43,505,569
1,876,351
TIAA-CREF
International
Opportunities
Fund
25,649,714
1,485,822
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
14,055,875
TOTAL
INTERNATIONAL
EQUITY
99,761,184
SHORT-TERM
FIXED
INCOME—12.7%
11,235,779
TIAA-CREF
Short-Term
Bond
Fund
110,672,428
TOTAL
SHORT-TERM
FIXED
INCOME
110,672,428
U.S.
EQUITY—21.0%
531,541
Nuveen
Dividend
Growth
Fund
26,715,226
2,156,756
Nuveen
Dividend
Value
Fund
29,396,585
1,442,982
Nuveen
Growth
Opportunities
ETF
26,767,316
2,043,332
TIAA-CREF
Growth
&
Income
Fund
26,808,518
1,538,063
TIAA-CREF
Large-Cap
Growth
Fund
26,900,715
1,526,120
TIAA-CREF
Large-Cap
Value
Fund
29,454,123
470,562
TIAA-CREF
Quant
Small-Cap
Equity
Fund
7,698,395
699,555
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
8,905,330
TOTAL
U.S.
EQUITY
182,646,208
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
870,488,870
(Cost
$857,729,384)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$1,334,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
1,334,000
TOTAL
GOVERNMENT
AGENCY
DEBT
1,334,000
TOTAL
SHORT-TERM
INVESTMENTS
1,334,000
(Cost
$1,334,000)
TOTAL
INVESTMENTS—99.9%
871,822,870
(Cost
$859,063,384)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
614,965
NET
ASSETS—100.0%
$
872,437,835
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
2010
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$37,422,424
or
4.3%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2015
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%a
DIRECT
REAL
ESTATE—5.8%
5,994,391
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
11/28/16-12/21/22;
cost
$63,215,133)
$
72,112,518
TOTAL
DIRECT
REAL
ESTATE
72,112,518
FIXED
INCOME—40.0%
28,614,716
TIAA-CREF
Core
Bond
Fund
258,104,741
17,689,734
TIAA-CREF
Core
Plus
Bond
Fund
159,915,197
2,943,861
TIAA-CREF
Emerging
Markets
Debt
Fund
23,227,062
3,720,724
TIAA-CREF
High-Yield
Fund
30,770,391
3,273,864
TIAA-CREF
International
Bond
Fund
25,634,359
TOTAL
FIXED
INCOME
497,651,750
INFLATION-PROTECTED
ASSETS—9.1%
10,868,462
TIAA-CREF
Inflation-Linked
Bond
Fund
113,466,745
TOTAL
INFLATION-PROTECTED
ASSETS
113,466,745
INTERNATIONAL
EQUITY—12.6%
3,516,871
TIAA-CREF
Emerging
Markets
Equity
Fund
26,200,688
5,724,843
TIAA-CREF
International
Equity
Fund
68,698,111
2,965,081
TIAA-CREF
International
Opportunities
Fund
40,532,653
2,344,924
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
22,182,980
TOTAL
INTERNATIONAL
EQUITY
157,614,432
SHORT-TERM
FIXED
INCOME—9.1%
11,520,588
TIAA-CREF
Short-Term
Bond
Fund
113,477,795
TOTAL
SHORT-TERM
FIXED
INCOME
113,477,795
U.S.
EQUITY—23.3%
841,188
Nuveen
Dividend
Growth
Fund
42,278,109
3,411,996
Nuveen
Dividend
Value
Fund
46,505,509
2,301,953
Nuveen
Growth
Opportunities
ETF
42,701,228
3,231,773
TIAA-CREF
Growth
&
Income
Fund
42,400,866
2,450,172
TIAA-CREF
Large-Cap
Growth
Fund
42,853,512
2,414,333
TIAA-CREF
Large-Cap
Value
Fund
46,596,619
744,187
TIAA-CREF
Quant
Small-Cap
Equity
Fund
12,174,901
1,104,660
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
14,062,327
TOTAL
U.S.
EQUITY
289,573,071
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
1,243,896,311
(Cost
$1,282,341,046)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$908,000
Federal
Farm
Credit
Bank
(FFCB)
0
.000
%
03/01/23
908,000
TOTAL
GOVERNMENT
AGENCY
DEBT
908,000
TOTAL
SHORT-TERM
INVESTMENTS
908,000
(Cost
$908,000)
TOTAL
INVESTMENTS—100.0%
1,244,804,311
(Cost
$1,283,249,046)
OTHER
ASSETS
&
LIABILITIES,
NET—(0.0)%
(
281,427
)
NET
ASSETS—100.0%
$
1,244,522,884
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
2015
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$72,112,518
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2020
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%a
DIRECT
REAL
ESTATE—5.8%
13,215,752
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
11/28/16-12/21/22;
cost
$139,687,788)
$
158,985,494
TOTAL
DIRECT
REAL
ESTATE
158,985,494
FIXED
INCOME—38.9%
61,499,299
TIAA-CREF
Core
Bond
Fund
554,723,673
38,014,053
TIAA-CREF
Core
Plus
Bond
Fund
343,647,040
6,311,013
TIAA-CREF
Emerging
Markets
Debt
Fund
49,793,889
8,053,061
TIAA-CREF
High-Yield
Fund
66,598,817
7,062,036
TIAA-CREF
International
Bond
Fund
55,295,743
TOTAL
FIXED
INCOME
1,070,059,162
INFLATION-PROTECTED
ASSETS—7.1%
18,656,811
TIAA-CREF
Inflation-Linked
Bond
Fund
194,777,111
TOTAL
INFLATION-PROTECTED
ASSETS
194,777,111
INTERNATIONAL
EQUITY—14.4%
8,779,413
TIAA-CREF
Emerging
Markets
Equity
Fund
65,406,628
14,364,767
TIAA-CREF
International
Equity
Fund
172,377,198
7,418,364
TIAA-CREF
International
Opportunities
Fund
101,409,039
5,878,831
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
55,613,738
TOTAL
INTERNATIONAL
EQUITY
394,806,603
SHORT-TERM
FIXED
INCOME—7.1%
19,803,291
TIAA-CREF
Short-Term
Bond
Fund
195,062,417
TOTAL
SHORT-TERM
FIXED
INCOME
195,062,417
U.S.
EQUITY—26.5%
2,108,877
Nuveen
Dividend
Growth
Fund
105,992,142
8,553,946
Nuveen
Dividend
Value
Fund
116,590,281
5,838,246
Nuveen
Growth
Opportunities
ETF
108,299,463
8,092,861
TIAA-CREF
Growth
&
Income
Fund
106,178,338
6,194,375
TIAA-CREF
Large-Cap
Growth
Fund
108,339,618
6,052,788
TIAA-CREF
Large-Cap
Value
Fund
116,818,808
1,868,792
TIAA-CREF
Quant
Small-Cap
Equity
Fund
30,573,429
2,772,658
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
35,295,936
TOTAL
U.S.
EQUITY
728,088,015
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
2,741,778,802
(Cost
$2,802,844,456)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.0%
GOVERNMENT
AGENCY
DEBT—0.0%
$1,271,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
1,271,000
TOTAL
GOVERNMENT
AGENCY
DEBT
1,271,000
TOTAL
SHORT-TERM
INVESTMENTS
1,271,000
(Cost
$1,271,000)
TOTAL
INVESTMENTS—99.8%
2,743,049,802
(Cost
$2,804,115,456)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
4,504,890
NET
ASSETS—100.0%
$
2,747,554,692
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
2020
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$158,985,494
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2025
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.7%a
DIRECT
REAL
ESTATE—5.8%
19,323,950
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/03/21;
cost
$206,055,173)
$
232,467,118
TOTAL
DIRECT
REAL
ESTATE
232,467,118
FIXED
INCOME—35.9%
82,983,572
TIAA-CREF
Core
Bond
Fund
748,511,817
51,317,477
TIAA-CREF
Core
Plus
Bond
Fund
463,909,990
8,518,382
TIAA-CREF
Emerging
Markets
Debt
Fund
67,210,032
11,065,596
TIAA-CREF
High-Yield
Fund
91,512,478
9,523,767
TIAA-CREF
International
Bond
Fund
74,571,096
TOTAL
FIXED
INCOME
1,445,715,413
INFLATION-PROTECTED
ASSETS—5.1%
19,555,738
TIAA-CREF
Inflation-Linked
Bond
Fund
204,161,907
TOTAL
INFLATION-PROTECTED
ASSETS
204,161,907
INTERNATIONAL
EQUITY—16.8%
15,016,556
TIAA-CREF
Emerging
Markets
Equity
Fund
111,873,342
24,528,192
TIAA-CREF
International
Equity
Fund
294,338,305
12,657,901
TIAA-CREF
International
Opportunities
Fund
173,033,508
10,044,362
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
95,019,669
TOTAL
INTERNATIONAL
EQUITY
674,264,824
SHORT-TERM
FIXED
INCOME—5.1%
20,726,708
TIAA-CREF
Short-Term
Bond
Fund
204,158,078
TOTAL
SHORT-TERM
FIXED
INCOME
204,158,078
U.S.
EQUITY—31.0%
3,599,650
Nuveen
Dividend
Growth
Fund
180,918,404
14,615,030
Nuveen
Dividend
Value
Fund
199,202,854
10,043,114
Nuveen
Growth
Opportunities
ETF
186,299,765
13,863,041
TIAA-CREF
Growth
&
Income
Fund
181,883,102
10,680,958
TIAA-CREF
Large-Cap
Growth
Fund
186,809,950
10,338,721
TIAA-CREF
Large-Cap
Value
Fund
199,537,321
3,188,133
TIAA-CREF
Quant
Small-Cap
Equity
Fund
52,157,860
4,730,836
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
60,223,548
TOTAL
U.S.
EQUITY
1,247,032,804
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
4,007,800,144
(Cost
$4,053,626,918)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$4,077,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
4,077,000
TOTAL
GOVERNMENT
AGENCY
DEBT
4,077,000
TOTAL
SHORT-TERM
INVESTMENTS
4,077,000
(Cost
$4,077,000)
TOTAL
INVESTMENTS—99.8%
4,011,877,144
(Cost
$4,057,703,918)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
9,435,785
NET
ASSETS—100.0%
$
4,021,312,929
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
2025
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$232,467,118
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2030
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.6%a
DIRECT
REAL
ESTATE—5.8%
21,670,566
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-12/21/22;
cost
$233,268,956)
$
260,696,909
TOTAL
DIRECT
REAL
ESTATE
260,696,909
FIXED
INCOME—30.8%
79,585,513
TIAA-CREF
Core
Bond
Fund
717,861,323
49,132,188
TIAA-CREF
Core
Plus
Bond
Fund
444,154,980
8,185,745
TIAA-CREF
Emerging
Markets
Debt
Fund
64,585,526
10,993,083
TIAA-CREF
High-Yield
Fund
90,912,799
9,166,274
TIAA-CREF
International
Bond
Fund
71,771,929
TOTAL
FIXED
INCOME
1,389,286,557
INFLATION-PROTECTED
ASSETS—3.1%
13,239,481
TIAA-CREF
Inflation-Linked
Bond
Fund
138,220,179
TOTAL
INFLATION-PROTECTED
ASSETS
138,220,179
INTERNATIONAL
EQUITY—19.9%
19,994,861
TIAA-CREF
Emerging
Markets
Equity
Fund
148,961,716
32,730,112
TIAA-CREF
International
Equity
Fund
392,761,347
16,863,639
TIAA-CREF
International
Opportunities
Fund
230,525,945
13,376,014
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
126,537,090
TOTAL
INTERNATIONAL
EQUITY
898,786,098
SHORT-TERM
FIXED
INCOME—3.0%
14,013,511
TIAA-CREF
Short-Term
Bond
Fund
138,033,088
TOTAL
SHORT-TERM
FIXED
INCOME
138,033,088
U.S.
EQUITY—37.0%
4,803,463
Nuveen
Dividend
Growth
Fund
241,422,046
19,509,376
Nuveen
Dividend
Value
Fund
265,912,798
13,467,867
Nuveen
Growth
Opportunities
ETF
249,828,933
18,541,922
TIAA-CREF
Growth
&
Income
Fund
243,270,015
14,372,395
TIAA-CREF
Large-Cap
Growth
Fund
251,373,193
13,784,137
TIAA-CREF
Large-Cap
Value
Fund
266,033,836
4,246,807
TIAA-CREF
Quant
Small-Cap
Equity
Fund
69,477,768
6,317,821
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
80,425,860
TOTAL
U.S.
EQUITY
1,667,744,449
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
4,492,767,280
(Cost
$4,489,346,018)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$5,447,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
5,447,000
TOTAL
GOVERNMENT
AGENCY
DEBT
5,447,000
TOTAL
SHORT-TERM
INVESTMENTS
5,447,000
(Cost
$5,447,000)
TOTAL
INVESTMENTS—99.7%
4,498,214,280
(Cost
$4,494,793,018)
OTHER
ASSETS
&
LIABILITIES,
NET—0.3%
13,167,086
NET
ASSETS—100.0%
$
4,511,381,366
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
2030
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$260,696,909
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2035
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.6%a
DIRECT
REAL
ESTATE—5.8%
22,449,147
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-2/16/23;
cost
$241,931,694)
$
270,063,245
TOTAL
DIRECT
REAL
ESTATE
270,063,245
FIXED
INCOME—23.8%
63,293,745
TIAA-CREF
Core
Bond
Fund
570,909,579
39,059,356
TIAA-CREF
Core
Plus
Bond
Fund
353,096,582
6,510,048
TIAA-CREF
Emerging
Markets
Debt
Fund
51,364,279
9,398,484
TIAA-CREF
High-Yield
Fund
77,725,460
7,282,159
TIAA-CREF
International
Bond
Fund
57,019,308
TOTAL
FIXED
INCOME
1,110,115,208
INFLATION-PROTECTED
ASSETS—1.0%
4,735,274
TIAA-CREF
Inflation-Linked
Bond
Fund
49,436,256
TOTAL
INFLATION-PROTECTED
ASSETS
49,436,256
INTERNATIONAL
EQUITY—23.8%
24,682,487
TIAA-CREF
Emerging
Markets
Equity
Fund
183,884,527
40,386,715
TIAA-CREF
International
Equity
Fund
484,640,575
20,881,176
TIAA-CREF
International
Opportunities
Fund
285,445,679
16,507,675
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
156,162,610
TOTAL
INTERNATIONAL
EQUITY
1,110,133,391
SHORT-TERM
FIXED
INCOME—1.1%
5,019,266
TIAA-CREF
Short-Term
Bond
Fund
49,439,772
TOTAL
SHORT-TERM
FIXED
INCOME
49,439,772
U.S.
EQUITY—44.1%
5,943,934
Nuveen
Dividend
Growth
Fund
298,742,122
24,070,103
Nuveen
Dividend
Value
Fund
328,075,500
16,735,843
Nuveen
Growth
Opportunities
ETF
310,449,887
22,871,556
TIAA-CREF
Growth
&
Income
Fund
300,074,818
17,832,649
TIAA-CREF
Large-Cap
Growth
Fund
311,893,026
17,018,030
TIAA-CREF
Large-Cap
Value
Fund
328,447,984
5,245,655
TIAA-CREF
Quant
Small-Cap
Equity
Fund
85,818,912
7,805,938
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
99,369,585
TOTAL
U.S.
EQUITY
2,062,871,834
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
4,652,059,706
(Cost
$4,547,945,940)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$6,525,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
6,525,000
TOTAL
GOVERNMENT
AGENCY
DEBT
6,525,000
TOTAL
SHORT-TERM
INVESTMENTS
6,525,000
(Cost
$6,525,000)
TOTAL
INVESTMENTS—99.7%
4,658,584,706
(Cost
$4,554,470,940)
OTHER
ASSETS
&
LIABILITIES,
NET—0.3%
13,201,301
NET
ASSETS—100.0%
$
4,671,786,007
ETF
Exchange
Traded
Fund
Portfolio
of
Investments
(unaudited)
Lifecycle
2035
Fund
February
28,
2023
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$270,063,245
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2040
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.7%a
DIRECT
REAL
ESTATE—5.8%
26,999,663
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-2/16/23;
cost
$291,420,979)
$
324,805,946
TOTAL
DIRECT
REAL
ESTATE
324,805,946
FIXED
INCOME—14.6%
46,178,826
TIAA-CREF
Core
Bond
Fund
416,533,013
28,500,278
TIAA-CREF
Core
Plus
Bond
Fund
257,642,511
4,757,964
TIAA-CREF
Emerging
Markets
Debt
Fund
37,540,333
8,196,026
TIAA-CREF
High-Yield
Fund
67,781,134
5,318,598
TIAA-CREF
International
Bond
Fund
41,644,626
TOTAL
FIXED
INCOME
821,141,617
INTERNATIONAL
EQUITY—27.7%
34,567,280
TIAA-CREF
Emerging
Markets
Equity
Fund
257,526,237
56,537,810
TIAA-CREF
International
Equity
Fund
678,453,719
29,168,882
TIAA-CREF
International
Opportunities
Fund
398,738,612
23,101,323
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
218,538,517
TOTAL
INTERNATIONAL
EQUITY
1,553,257,085
U.S.
EQUITY—51.6%
8,303,236
Nuveen
Dividend
Growth
Fund
417,320,641
33,686,431
Nuveen
Dividend
Value
Fund
459,146,060
23,558,950
Nuveen
Growth
Opportunities
ETF
437,018,522
32,020,950
TIAA-CREF
Growth
&
Income
Fund
420,114,860
25,135,824
TIAA-CREF
Large-Cap
Growth
Fund
439,625,564
23,864,389
TIAA-CREF
Large-Cap
Value
Fund
460,582,716
7,366,097
TIAA-CREF
Quant
Small-Cap
Equity
Fund
120,509,344
10,924,168
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
139,064,663
TOTAL
U.S.
EQUITY
2,893,382,370
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
5,592,587,018
(Cost
$5,362,728,237)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$5,229,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
5,229,000
TOTAL
GOVERNMENT
AGENCY
DEBT
5,229,000
TOTAL
SHORT-TERM
INVESTMENTS
5,229,000
(Cost
$5,229,000)
TOTAL
INVESTMENTS—99.8%
5,597,816,018
(Cost
$5,367,957,237)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
9,612,000
NET
ASSETS—100.0%
$
5,607,428,018
ETF
Exchange
Traded
Fund
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$324,805,946
or
5.8%
of
net
assets.
Lifecycle
2045
Fund
February
28,
2023
Portfolio
of
Investments
(unaudited)
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%a
DIRECT
REAL
ESTATE—5.8%
18,520,334
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-2/16/23;
cost
$202,487,343)
$
222,799,618
TOTAL
DIRECT
REAL
ESTATE
222,799,618
FIXED
INCOME—7.4%
15,465,392
TIAA-CREF
Core
Bond
Fund
139,497,836
9,515,788
TIAA-CREF
Core
Plus
Bond
Fund
86,022,721
1,593,437
TIAA-CREF
Emerging
Markets
Debt
Fund
12,572,217
3,929,437
TIAA-CREF
High-Yield
Fund
32,496,446
1,759,741
TIAA-CREF
International
Bond
Fund
13,778,768
TOTAL
FIXED
INCOME
284,367,988
INTERNATIONAL
EQUITY—30.2%
25,894,774
TIAA-CREF
Emerging
Markets
Equity
Fund
192,916,065
42,277,707
TIAA-CREF
International
Equity
Fund
507,332,485
21,805,817
TIAA-CREF
International
Opportunities
Fund
298,085,522
17,257,176
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
163,252,881
TOTAL
INTERNATIONAL
EQUITY
1,161,586,953
U.S.
EQUITY—56.4%
6,222,619
Nuveen
Dividend
Growth
Fund
312,748,833
25,175,057
Nuveen
Dividend
Value
Fund
343,136,025
17,665,234
Nuveen
Growth
Opportunities
ETF
327,690,091
23,919,486
TIAA-CREF
Growth
&
Income
Fund
313,823,656
18,877,839
TIAA-CREF
Large-Cap
Growth
Fund
330,173,402
17,856,857
TIAA-CREF
Large-Cap
Value
Fund
344,637,347
5,515,566
TIAA-CREF
Quant
Small-Cap
Equity
Fund
90,234,652
8,169,179
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
103,993,654
TOTAL
U.S.
EQUITY
2,166,437,660
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
3,835,192,219
(Cost
$3,607,933,156)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$3,745,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
3,745,000
TOTAL
GOVERNMENT
AGENCY
DEBT
3,745,000
TOTAL
SHORT-TERM
INVESTMENTS
3,745,000
(Cost
$3,745,000)
TOTAL
INVESTMENTS—99.9%
3,838,937,219
(Cost
$3,611,678,156)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
4,567,203
NET
ASSETS—100.0%
$
3,843,504,422
ETF
Exchange
Traded
Fund
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$222,799,618
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2050
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%a
DIRECT
REAL
ESTATE—5.8%
14,270,446
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-2/16/23;
cost
$157,778,355)
$
171,673,470
TOTAL
DIRECT
REAL
ESTATE
171,673,470
FIXED
INCOME—4.1%
6,218,534
TIAA-CREF
Core
Bond
Fund
56,091,176
3,828,341
TIAA-CREF
Core
Plus
Bond
Fund
34,608,203
635,704
TIAA-CREF
Emerging
Markets
Debt
Fund
5,015,703
2,436,912
TIAA-CREF
High-Yield
Fund
20,153,265
697,711
TIAA-CREF
International
Bond
Fund
5,463,074
TOTAL
FIXED
INCOME
121,331,421
INTERNATIONAL
EQUITY—31.4%
20,772,151
TIAA-CREF
Emerging
Markets
Equity
Fund
154,752,522
33,800,160
TIAA-CREF
International
Equity
Fund
405,601,920
17,448,402
TIAA-CREF
International
Opportunities
Fund
238,519,651
13,794,085
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
130,492,041
TOTAL
INTERNATIONAL
EQUITY
929,366,134
U.S.
EQUITY—58.5%
4,978,059
Nuveen
Dividend
Growth
Fund
250,197,227
20,132,196
Nuveen
Dividend
Value
Fund
274,401,832
14,146,519
Nuveen
Growth
Opportunities
ETF
262,417,928
19,104,310
TIAA-CREF
Growth
&
Income
Fund
250,648,545
15,108,952
TIAA-CREF
Large-Cap
Growth
Fund
264,255,567
14,254,818
TIAA-CREF
Large-Cap
Value
Fund
275,117,986
4,408,474
TIAA-CREF
Quant
Small-Cap
Equity
Fund
72,122,637
6,538,527
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
83,235,455
TOTAL
U.S.
EQUITY
1,732,397,177
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
2,954,768,202
(Cost
$2,823,412,257)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$3,612,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
3,612,000
TOTAL
GOVERNMENT
AGENCY
DEBT
3,612,000
TOTAL
SHORT-TERM
INVESTMENTS
3,612,000
(Cost
$3,612,000)
TOTAL
INVESTMENTS—99.9%
2,958,380,202
(Cost
$2,827,024,257)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
1,536,220
NET
ASSETS—100.0%
$
2,959,916,422
ETF
Exchange
Traded
Fund
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$171,673,470
or
5.8%
of
net
assets.
Lifecycle
2055
Fund
February
28,
2023
Portfolio
of
Investments
(unaudited)
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%a
DIRECT
REAL
ESTATE—5.8%
6,718,317
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-2/16/23;
cost
$75,857,589)
$
80,821,359
TOTAL
DIRECT
REAL
ESTATE
80,821,359
FIXED
INCOME—2.9%
1,909,671
TIAA-CREF
Core
Bond
Fund
17,225,233
1,179,865
TIAA-CREF
Core
Plus
Bond
Fund
10,665,976
196,069
TIAA-CREF
Emerging
Markets
Debt
Fund
1,546,986
1,048,239
TIAA-CREF
High-Yield
Fund
8,668,939
218,384
TIAA-CREF
International
Bond
Fund
1,709,943
TOTAL
FIXED
INCOME
39,817,077
INTERNATIONAL
EQUITY—31.8%
9,919,396
TIAA-CREF
Emerging
Markets
Equity
Fund
73,899,503
16,115,370
TIAA-CREF
International
Equity
Fund
193,384,444
8,330,292
TIAA-CREF
International
Opportunities
Fund
113,875,091
6,586,945
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
62,312,502
TOTAL
INTERNATIONAL
EQUITY
443,471,540
U.S.
EQUITY—59.3%
2,376,039
Nuveen
Dividend
Growth
Fund
119,419,745
9,609,051
Nuveen
Dividend
Value
Fund
130,971,371
6,761,047
Nuveen
Growth
Opportunities
ETF
125,417,422
9,113,690
TIAA-CREF
Growth
&
Income
Fund
119,571,610
7,212,125
TIAA-CREF
Large-Cap
Growth
Fund
126,140,070
6,802,587
TIAA-CREF
Large-Cap
Value
Fund
131,289,936
2,102,437
TIAA-CREF
Quant
Small-Cap
Equity
Fund
34,395,864
3,117,187
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
39,681,792
TOTAL
U.S.
EQUITY
826,887,810
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
1,390,997,786
(Cost
$1,370,164,620)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$1,615,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
%
03/01/23
1,615,000
TOTAL
GOVERNMENT
AGENCY
DEBT
1,615,000
TOTAL
SHORT-TERM
INVESTMENTS
1,615,000
(Cost
$1,615,000)
TOTAL
INVESTMENTS—99.9%
1,392,612,786
(Cost
$1,371,779,620)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
2,037,670
NET
ASSETS—100.0%
$
1,394,650,456
ETF
Exchange
Traded
Fund
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$80,821,359
or
5.8%
of
net
assets.
Portfolio
of
Investments
(unaudited)
Lifecycle
2060
Fund
February
28,
2023
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.7%a
DIRECT
REAL
ESTATE—5.8%
2,332,283
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-2/16/23;
cost
$26,987,273)
$
28,057,362
TOTAL
DIRECT
REAL
ESTATE
28,057,362
FIXED
INCOME—1.6%
314,988
TIAA-CREF
Core
Bond
Fund
2,841,189
194,730
TIAA-CREF
Core
Plus
Bond
Fund
1,760,359
32,405
TIAA-CREF
Emerging
Markets
Debt
Fund
255,678
326,730
TIAA-CREF
High-Yield
Fund
2,702,058
36,057
TIAA-CREF
International
Bond
Fund
282,324
TOTAL
FIXED
INCOME
7,841,608
INTERNATIONAL
EQUITY—32.3%
3,492,895
TIAA-CREF
Emerging
Markets
Equity
Fund
26,022,066
5,671,161
TIAA-CREF
International
Equity
Fund
68,053,931
2,945,176
TIAA-CREF
International
Opportunities
Fund
40,260,553
2,316,608
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
21,915,114
TOTAL
INTERNATIONAL
EQUITY
156,251,664
U.S.
EQUITY—60.0%
835,279
Nuveen
Dividend
Growth
Fund
41,981,145
3,379,036
Nuveen
Dividend
Value
Fund
46,056,260
2,379,285
Nuveen
Growth
Opportunities
ETF
44,135,737
3,201,503
TIAA-CREF
Growth
&
Income
Fund
42,003,713
2,537,365
TIAA-CREF
Large-Cap
Growth
Fund
44,378,510
2,389,696
TIAA-CREF
Large-Cap
Value
Fund
46,121,135
739,503
TIAA-CREF
Quant
Small-Cap
Equity
Fund
12,098,266
1,095,049
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
13,939,972
TOTAL
U.S.
EQUITY
290,714,738
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
482,865,372
(Cost
$490,418,260)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.2%
GOVERNMENT
AGENCY
DEBT—0.2%
$880,000
Federal
Farm
Credit
Bank
(FFCB)
0
.000
%
03/01/23
880,000
TOTAL
GOVERNMENT
AGENCY
DEBT
880,000
TOTAL
SHORT-TERM
INVESTMENTS
880,000
(Cost
$880,000)
TOTAL
INVESTMENTS—99.9%
483,745,372
(Cost
$491,298,260)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
355,522
NET
ASSETS—100.0%
$
484,100,894
ETF
Exchange
Traded
Fund
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$28,057,362
or
5.8%
of
net
assets.
Lifecycle
2065
Fund
February
28,
2023
Portfolio
of
Investments
(unaudited)
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.1%a
DIRECT
REAL
ESTATE—5.8%
165,645
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
9/30/20-2/16/23;
cost
$2,061,644)
$
1,992,712
TOTAL
DIRECT
REAL
ESTATE
1,992,712
FIXED
INCOME—0.5%
398
TIAA-CREF
Core
Bond
Fund
3,593
244
TIAA-CREF
Core
Plus
Bond
Fund
2,210
219
TIAA-CREF
Emerging
Markets
Debt
Fund
1,724
20,912
TIAA-CREF
High-Yield
Fund
172,939
221
TIAA-CREF
International
Bond
Fund
1,728
TOTAL
FIXED
INCOME
182,194
INTERNATIONAL
EQUITY—32.4%
251,011
TIAA-CREF
Emerging
Markets
Equity
Fund
1,870,028
407,210
TIAA-CREF
International
Equity
Fund
4,886,522
211,505
TIAA-CREF
International
Opportunities
Fund
2,891,280
166,297
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
1,573,173
TOTAL
INTERNATIONAL
EQUITY
11,221,003
U.S.
EQUITY—60.4%
60,017
Nuveen
Dividend
Growth
Fund
3,016,432
243,137
Nuveen
Dividend
Value
Fund
3,313,960
169,790
Nuveen
Growth
Opportunities
ETF
3,149,604
229,987
TIAA-CREF
Growth
&
Income
Fund
3,017,429
183,636
TIAA-CREF
Large-Cap
Growth
Fund
3,211,796
172,016
TIAA-CREF
Large-Cap
Value
Fund
3,319,911
53,017
TIAA-CREF
Quant
Small-Cap
Equity
Fund
867,361
78,709
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
1,001,970
TOTAL
U.S.
EQUITY
20,898,463
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
34,294,372
(Cost
$34,702,172)
PRINCIPAL
ISSUER
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS—0.1%
GOVERNMENT
AGENCY
DEBT—0.1%
$40,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
0
.000
%
03/01/23
40,000
TOTAL
GOVERNMENT
AGENCY
DEBT
40,000
TOTAL
SHORT-TERM
INVESTMENTS
40,000
(Cost
$40,000)
TOTAL
INVESTMENTS—99.2%
34,334,372
(Cost
$34,742,172)
OTHER
ASSETS
&
LIABILITIES,
NET—0.8%
260,778
NET
ASSETS—100.0%
$
34,595,150
ETF
Exchange
Traded
Fund
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
the
affiliated
Nuveen
Growth
Opportunities
ETF,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
2/28/23,
the
total
value
of
this
security
amounted
to
$1,992,712
or
5.8%
of
net
assets.
Notes
to
portfolios
of
investments
(unaudited)
TIAA-CREF
Lifecycle
Funds
February
28,
2023
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:
In
accordance
with
ASC
820,
certain
portfolio
investments
that
are
measured
at
fair
value
using
the
net
asset
value
("NAV")
per
share
practical
expedient
are
not
categorized
within
the
fair
value
hierarchy.
These
investments
will
be
disclosed
at
their
fair
value
to
allow
reconciliation
back
to
the
schedules
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
on
the
valuation
date
and
are
generally
classified
as
Level
1.
Investments
in
unregistered
limited
partnerships:
Investments
in
unregistered
limited
partnerships
are
measured
at
fair
value
as
of
the
valuation
date
using
the
NAV
per
share
practical
expedient
and
are
not
classified
within
the
fair
value
hierarchy.
The
following
table
summarizes
the
market
value
of
the
Funds’
investments
as
of
February
28,
2023
,
based
on
the
inputs
used
to
value
them:
Fund
Level
1
Level
2
Level
3
Fair
value
using
practical
expedient
a
Total
Lifecycle
Retirement
Income
Registered
investment
companies
$
428,325,095
$
—
$
—
$
—
$
428,325,095
TIAA-CREF
Real
Property
Fund
LP
—
—
—
26,356,389
26,356,389
Short-term
investments
—
227,000
—
—
227,000
Total
$
428,325,095
$
227,000
$
—
$
26,356,389
$
454,908,484
Lifecycle
2010
Registered
investment
companies
$
833,066,446
$
—
$
—
$
—
$
833,066,446
TIAA-CREF
Real
Property
Fund
LP
—
—
—
37,422,424
37,422,424
Short-term
investments
—
1,334,000
—
—
1,334,000
Total
$
833,066,446
$
1,334,000
$
—
$
37,422,424
$
871,822,870
Lifecycle
2015
Registered
investment
companies
$
1,171,783,793
$
—
$
—
$
—
$
1,171,783,793
TIAA-CREF
Real
Property
Fund
LP
—
—
—
72,112,518
72,112,518
Short-term
investments
—
908,000
—
—
908,000
Total
$
1,171,783,793
$
908,000
$
—
$
72,112,518
$
1,244,804,311
Notes
to
portfolios
of
investments
(unaudited)
TIAA-CREF
Lifecycle
Funds
February
28,
2023
Fund
Level
1
Level
2
Level
3
Fair
value
using
practical
expedient
a
Total
Lifecycle
2020
Registered
investment
companies
$
2,582,793,308
$
—
$
—
$
—
$
2,582,793,308
TIAA-CREF
Real
Property
Fund
LP
—
—
—
158,985,494
158,985,494
Short-term
investments
—
1,271,000
—
—
1,271,000
Total
$
2,582,793,308
$
1,271,000
$
—
$
158,985,494
$
2,743,049,802
Lifecycle
2025
Registered
investment
companies
$
3,775,333,026
$
—
$
—
$
—
$
3,775,333,026
TIAA-CREF
Real
Property
Fund
LP
—
—
—
232,467,118
232,467,118
Short-term
investments
—
4,077,000
—
—
4,077,000
Total
$
3,775,333,026
$
4,077,000
$
—
$
232,467,118
$
4,011,877,144
Lifecycle
2030
Registered
investment
companies
$
4,232,070,371
$
—
$
—
$
—
$
4,232,070,371
TIAA-CREF
Real
Property
Fund
LP
—
—
—
260,696,909
260,696,909
Short-term
investments
—
5,447,000
—
—
5,447,000
Total
$
4,232,070,371
$
5,447,000
$
—
$
260,696,909
$
4,498,214,280
Lifecycle
2035
Registered
investment
companies
$
4,381,996,461
$
—
$
—
$
—
$
4,381,996,461
TIAA-CREF
Real
Property
Fund
LP
—
—
—
270,063,245
270,063,245
Short-term
investments
—
6,525,000
—
—
6,525,000
Total
$
4,381,996,461
$
6,525,000
$
—
$
270,063,245
$
4,658,584,706
Lifecycle
2040
Registered
investment
companies
$
5,267,781,072
$
—
$
—
$
—
$
5,267,781,072
TIAA-CREF
Real
Property
Fund
LP
—
—
—
324,805,946
324,805,946
Short-term
investments
—
5,229,000
—
—
5,229,000
Total
$
5,267,781,072
$
5,229,000
$
—
$
324,805,946
$
5,597,816,018
Lifecycle
2045
Registered
investment
companies
$
3,612,392,601
$
—
$
—
$
—
$
3,612,392,601
TIAA-CREF
Real
Property
Fund
LP
—
—
—
222,799,618
222,799,618
Short-term
investments
—
3,745,000
—
—
3,745,000
Total
$
3,612,392,601
$
3,745,000
$
—
$
222,799,618
$
3,838,937,219
Lifecycle
2050
Registered
investment
companies
$
2,783,094,732
$
—
$
—
$
—
$
2,783,094,732
TIAA-CREF
Real
Property
Fund
LP
—
—
—
171,673,470
171,673,470
Short-term
investments
—
3,612,000
—
—
3,612,000
Total
$
2,783,094,732
$
3,612,000
$
—
$
171,673,470
$
2,958,380,202
Lifecycle
2055
Registered
investment
companies
$
1,310,176,427
$
—
$
—
$
—
$
1,310,176,427
TIAA-CREF
Real
Property
Fund
LP
—
—
—
80,821,359
80,821,359
Short-term
investments
—
1,615,000
—
—
1,615,000
Total
$
1,310,176,427
$
1,615,000
$
—
$
80,821,359
$
1,392,612,786
Lifecycle
2060
Registered
investment
companies
$
454,808,010
$
—
$
—
$
—
$
454,808,010
TIAA-CREF
Real
Property
Fund
LP
—
—
—
28,057,362
28,057,362
Short-term
investments
—
880,000
—
—
880,000
Total
$
454,808,010
$
880,000
$
—
$
28,057,362
$
483,745,372
Lifecycle
2065
Registered
investment
companies
$
32,301,660
$
—
$
—
$
—
$
32,301,660
TIAA-CREF
Real
Property
Fund
LP
—
—
—
1,992,712
1,992,712
Short-term
investments
—
40,000
—
—
40,000
Total
$
32,301,660
$
40,000
$
—
$
1,992,712
$
34,334,372
a
In
accordance
with
ASC
820,
certain
investments
that
are
measured
at
fair
value
using
the
net
asset
value
per
share
practical
expedient
have
not
been
classified
in
the
fair
value
hierarchy.
The
fair
value
amounts
presented
in
this
table
are
intended
to
permit
reconciliation
of
the
fair
value
hierarchy
to
the
amounts
presented
in
the
Statements
of
assets
and
liabilities.