Three underlying equity funds of TIAA-CREF Lifecycle target-date series will be liquidated by Dec. 18, 2020. These funds, which currently account for about 25% of the equity sleeve, are TIAA-CREF Quant Large-Cap Growth, TIAA-CREF Quant Large-Cap Value, and TIAA-CREF Quant International Equity, all of which are unrated. They are being replaced by TIAA-CREF Large-Cap Growth Index, Nuveen Santa Barbara Dividend Growth, and Nuveen International Growth, which has a Morningstar Rating of Neutral.
Will TCLTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TCLTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TCLTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TCLTX’s parent organization’s priorities and whether they’re in line with investors’ interests.