TIAA-CREF Mid-Cap Value Retirement Fund (TRVRX) a Zacks Rank #1 (Strong Buy) was incepted in October 2002 and is managed by Teachers Advisors LLC. The objective of TRVRX is to seek return for the long run through capital growth. TRVRX generally invests in common stocks of mid-cap companies, as defined by its benchmark index, Russell Midcap Value Index.
This Mid Growth product, as of the last filing, allocates their fund in five major groups; Large Value, Intermediate Bond, Small Value, Large Growth and Emerging Market. Further, as of the last filing, Hess Corp (NYSE:HES), Albemarle Corp and Pioneer Natural Resources were the top holdings for TRVRX.
The TIAA-CREF Mid-Cap Value Retirement fund, managed by TIAA-CREF, carries an expense ratio of 0.64%. Moreover, TRVRX requires a minimal initial investment of $0.
TRVRX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.5% and 5 year 15.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
TRVRX’s performance, as of the last filing, when compared to funds in its category was in the top 24% over the past 1 year, in the top 44% over the past 3 years, and in the 36% over the past 5 years.
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Zacks Investment Research