In November 2022, TIAA-CREF announced that Hans Erickson, head of the target-date multi-asset team for Nuveen, will be departing the firm in March 2023. John Cunniff, co-portfolio manager on the series since its inception, has taken over as lead portfolio manager. He continues to be supported by Steve Sedmak, who was named a portfolio manager in 2018. Three associate managers round out the team, and the firm expects to make an additional hire in 2023. The series’ People Pillar rating remains at Average and its Morningstar Analyst Rating remains at Bronze for its three cheapest share classes and Neutral for its more expensive share class.
- NAV / 1-Day Return 20.58 / 1.18 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.250%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Target-Date 2055
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity High / Moderate
- Status Open
- TTM Yield 1.66%
- Turnover 11%
Morningstar’s Analysis TTIPX
Will TTIPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Apr 30, 2023
- Equity Holdings 0
- Bond Holdings 0
- Other Holdings 6
- % Assets in Top 10 Holdings 99.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
TIAA-CREF Equity Index W
59.62
1,540,274,640
—
TIAA-CREF International Eq Idx W
22.66
585,454,290
—
TIAA-CREF Emerging Markets Eq Idx W
9.40
242,910,295
—
TIAA-CREF Bond Index W
8.16
210,811,871
—
Fixed Inc Clearing Corp.Repo
0.16
4,040,000
Cash and Equivalents
Usd
< 0.01
4,672
Cash and Equivalents