4 Top-Ranked TIAA Mutual Funds To Consider

4 Top-Ranked TIAA Mutual Funds to Consider

Teachers Insurance and Annuity Association of America Fund (TIAA) has nearly $907 billion in assets under management (as of Sep 30, 2016). TIAA Global Asset Management seeks to offer financial services pertaining to investment advice and portfolio management to more than 5 million customers and around 16,000 institutional investors.

TIAA was previously known as TIAA-CREF and founded by Andrew Carnegie in 1918. A major portion of its assets is allocated to stocks and fixed income securities. The company has investments in more than 50 nations with about 157 offices located globally.

Below we share with you four top-ranked TIAA Mutual Funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of TIAA Mutual Funds.

TIAA-CREF Bond Plus Retirement TCBRX invests a large portion of its assets in bonds, including fixed-income securities. TCBRX seeks growth of income for the long run. The fund invests not only in fixed-income securities but also in investment-grade bonds. TIAA-CREF Bond Plus Retirement has returned 2.7% over the last one-year period.

TCBRX has an expense ratio of 0.56% compared with the category average of 0.78%.

TIAA-CREF Real Estate Securities Retail TCREX seeks return for the long run through growth of capital and income. TCREX invests in securities of companies that are involved in the real estate industry. The fund may also invest in real estate securities issued by non-U.S. companies and up to one-fifth of its assets in equity and debt securities of companies that are not engaged in the real estate industry. TIAA-CREF Real Estate Securities Retail has returned 1.5% over the last one-year period.

As of March 2017, TCREXheld 59 issues, with 4.93% of its assets invested in American Tower Corp (NYSE:AMT).

TIAA-CREF Emerging Markets Equity Index Retirement TEQSX invests a bulk of its assets in a portfolio of emerging market equity securities that fall within the range of the MSCI Emerging Markets Index. TEQSX seeks returns through appreciation of capital. TIAA-CREF Emerging Markets Equity Index Retirement has returned 27% over the last one-year period.

TEQSX has an expense ratio of 0.47% compared with the category average of 1.46%.

TIAA-CREF Social Choice Equity Retail TICRX seeks returns similar to the Russell 3000 Index. The fund invests the lion’s share of its assets in equity securities issued by companies after giving particular consideration to certain ESG criteria. TIAA-CREF Social Choice Equity Retail Class has returned 18.1% over the last one-year period.

Philip Campagna is one of the fund managers of TICRX since 2005.

To view the Zacks Rank and past performance of all TIAA Mutual Funds, investors can click here to see the complete list of TIAA Mutual Funds.

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