TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
Retirement
Income
Fund
1
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
RETIREMENT
INCOME
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%
a
DIRECT
REAL
ESTATE—4.0%
2,313,703
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$24,662,082)
$
26,561,306
TOTAL
DIRECT
REAL
ESTATE
26,561,306
FIXED
INCOME—39.8%
12,625,646
TIAA-CREF
Core
Bond
Fund
137,240,770
7,701,948
TIAA-CREF
Core
Plus
Bond
Fund
85,029,510
1,203,015
TIAA-CREF
Emerging
Markets
Debt
Fund
12,391,057
1,352,854
TIAA-CREF
High-Yield
Fund
13,055,044
1,341,144
TIAA-CREF
International
Bond
Fund
13,612,613
TOTAL
FIXED
INCOME
261,328,994
INFLATION-PROTECTED
ASSETS—9.9%
5,176,319
TIAA-CREF
Inflation-Linked
Bond
Fund
65,273,386
TOTAL
INFLATION-PROTECTED
ASSETS
65,273,386
INTERNATIONAL
EQUITY—11.2%
260,311
Nuveen
International
Growth
Fund
15,746,194
734,820
TIAA-CREF
Emerging
Markets
Equity
Fund
9,273,430
1,510,195
TIAA-CREF
International
Equity
Fund
22,169,658
768,111
TIAA-CREF
International
Opportunities
Fund
15,638,735
845,179
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
10,759,129
TOTAL
INTERNATIONAL
EQUITY
73,587,146
SHORT-TERM
FIXED
INCOME—10.0%
6,238,940
TIAA-CREF
Short-Term
Bond
Fund
65,321,698
TOTAL
SHORT-TERM
FIXED
INCOME
65,321,698
U.S.
EQUITY—25.0%
1,503,585
Nuveen
Dividend
Value
Fund
24,418,225
423,742
Nuveen
Santa
Barbara
Dividend
Growth
Fund
23,310,028
1,177,642
TIAA-CREF
Growth
&
Income
Fund
23,281,992
998,620
TIAA-CREF
Large-Cap
Growth
Fund
26,842,910
448,992
TIAA-CREF
Large-Cap
Growth
Index
Fund
26,831,734
1,069,677
TIAA-CREF
Large-Cap
Value
Fund
24,388,633
307,503
TIAA-CREF
Quant
Small-Cap
Equity
Fund
6,998,775
458,618
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
8,177,163
TOTAL
U.S.
EQUITY
164,249,460
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
656,321,990
(Cost
$556,560,813)
TOTAL
INVESTMENTS—99.9%
656,321,990
(Cost
$556,560,813)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
462,744
NET
ASSETS—100.0%
$
656,784,734
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$26,561,306
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2010
Fund
2
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2010
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—100.0%
a
DIRECT
REAL
ESTATE—3.6%
3,966,343
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
7/01/16-8/30/21;
cost
$41,468,532)
$
45,533,621
TOTAL
DIRECT
REAL
ESTATE
45,533,621
FIXED
INCOME—39.8%
24,266,686
TIAA-CREF
Core
Bond
Fund
263,778,882
14,802,484
TIAA-CREF
Core
Plus
Bond
Fund
163,419,429
2,314,569
TIAA-CREF
Emerging
Markets
Debt
Fund
23,840,061
2,600,820
TIAA-CREF
High-Yield
Fund
25,097,909
2,576,724
TIAA-CREF
International
Bond
Fund
26,153,746
TOTAL
FIXED
INCOME
502,290,027
INFLATION-PROTECTED
ASSETS—9.9%
9,946,645
TIAA-CREF
Inflation-Linked
Bond
Fund
125,427,189
TOTAL
INFLATION-PROTECTED
ASSETS
125,427,189
INTERNATIONAL
EQUITY—11.0%
491,037
Nuveen
International
Growth
Fund
29,702,826
1,381,077
TIAA-CREF
Emerging
Markets
Equity
Fund
17,429,187
2,847,977
TIAA-CREF
International
Equity
Fund
41,808,305
1,449,533
TIAA-CREF
International
Opportunities
Fund
29,512,482
1,594,864
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
20,302,625
TOTAL
INTERNATIONAL
EQUITY
138,755,425
SHORT-TERM
FIXED
INCOME—11.1%
13,341,562
TIAA-CREF
Short-Term
Bond
Fund
139,686,151
TOTAL
SHORT-TERM
FIXED
INCOME
139,686,151
U.S.
EQUITY—24.6%
2,839,039
Nuveen
Dividend
Value
Fund
46,105,995
794,392
Nuveen
Santa
Barbara
Dividend
Growth
Fund
43,699,524
2,225,484
TIAA-CREF
Growth
&
Income
Fund
43,997,829
1,883,475
TIAA-CREF
Large-Cap
Growth
Fund
50,627,820
846,602
TIAA-CREF
Large-Cap
Growth
Index
Fund
50,592,922
2,019,833
TIAA-CREF
Large-Cap
Value
Fund
46,052,198
579,136
TIAA-CREF
Quant
Small-Cap
Equity
Fund
13,181,132
863,971
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
15,404,595
TOTAL
U.S.
EQUITY
309,662,015
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
1,261,354,428
(Cost
$1,033,376,573)
TOTAL
INVESTMENTS—100.0%
1,261,354,428
(Cost
$1,033,376,573)
OTHER
ASSETS
&
LIABILITIES,
NET—0.0%
281,558
NET
ASSETS—100.0%
$
1,261,635,986
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$45,533,621
or
3.6%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2015
Fund
3
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2015
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—100.0%
a
DIRECT
REAL
ESTATE—4.1%
6,403,779
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
11/28/16-8/30/21;
cost
$67,675,945)
$
73,515,378
TOTAL
DIRECT
REAL
ESTATE
73,515,378
FIXED
INCOME—39.0%
34,259,701
TIAA-CREF
Core
Bond
Fund
372,402,946
20,899,281
TIAA-CREF
Core
Plus
Bond
Fund
230,728,060
3,265,320
TIAA-CREF
Emerging
Markets
Debt
Fund
33,632,799
3,679,101
TIAA-CREF
High-Yield
Fund
35,503,322
3,638,094
TIAA-CREF
International
Bond
Fund
36,926,652
TOTAL
FIXED
INCOME
709,193,779
INFLATION-PROTECTED
ASSETS—8.4%
12,099,752
TIAA-CREF
Inflation-Linked
Bond
Fund
152,577,872
TOTAL
INFLATION-PROTECTED
ASSETS
152,577,872
INTERNATIONAL
EQUITY—12.4%
797,380
Nuveen
International
Growth
Fund
48,233,543
2,245,184
TIAA-CREF
Emerging
Markets
Equity
Fund
28,334,226
4,628,223
TIAA-CREF
International
Equity
Fund
67,942,315
2,357,757
TIAA-CREF
International
Opportunities
Fund
48,003,925
2,592,278
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
32,999,700
TOTAL
INTERNATIONAL
EQUITY
225,513,709
SHORT-TERM
FIXED
INCOME—8.4%
14,582,646
TIAA-CREF
Short-Term
Bond
Fund
152,680,307
TOTAL
SHORT-TERM
FIXED
INCOME
152,680,307
U.S.
EQUITY—27.7%
4,617,250
Nuveen
Dividend
Value
Fund
74,984,134
1,290,747
Nuveen
Santa
Barbara
Dividend
Growth
Fund
71,003,988
3,610,686
TIAA-CREF
Growth
&
Income
Fund
71,383,266
3,060,898
TIAA-CREF
Large-Cap
Growth
Fund
82,276,932
1,376,261
TIAA-CREF
Large-Cap
Growth
Index
Fund
82,245,384
3,282,109
TIAA-CREF
Large-Cap
Value
Fund
74,832,078
941,282
TIAA-CREF
Quant
Small-Cap
Equity
Fund
21,423,575
1,404,036
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
25,033,956
TOTAL
U.S.
EQUITY
503,183,313
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
1,816,664,358
(Cost
$1,548,082,787)
TOTAL
INVESTMENTS—100.0%
1,816,664,358
(Cost
$1,548,082,787)
OTHER
ASSETS
&
LIABILITIES,
NET—0.0%
631,538
NET
ASSETS—100.0%
$
1,817,295,896
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$73,515,378
or
4.1%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2020
Fund
4
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2020
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%
a
DIRECT
REAL
ESTATE—4.0%
14,058,927
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
11/28/16-8/30/21;
cost
$149,092,510)
$
161,396,478
TOTAL
DIRECT
REAL
ESTATE
161,396,478
FIXED
INCOME—38.0%
73,253,094
TIAA-CREF
Core
Bond
Fund
796,261,135
44,691,403
TIAA-CREF
Core
Plus
Bond
Fund
493,393,092
6,982,162
TIAA-CREF
Emerging
Markets
Debt
Fund
71,916,272
7,848,513
TIAA-CREF
High-Yield
Fund
75,738,148
7,771,500
TIAA-CREF
International
Bond
Fund
78,880,722
TOTAL
FIXED
INCOME
1,516,189,369
INFLATION-PROTECTED
ASSETS—6.4%
20,281,039
TIAA-CREF
Inflation-Linked
Bond
Fund
255,743,902
TOTAL
INFLATION-PROTECTED
ASSETS
255,743,902
INTERNATIONAL
EQUITY—14.0%
1,972,575
Nuveen
International
Growth
Fund
119,321,052
5,548,011
TIAA-CREF
Emerging
Markets
Equity
Fund
70,015,902
11,420,728
TIAA-CREF
International
Equity
Fund
167,656,293
5,824,012
TIAA-CREF
International
Opportunities
Fund
118,576,887
6,401,368
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
81,489,419
TOTAL
INTERNATIONAL
EQUITY
557,059,553
SHORT-TERM
FIXED
INCOME—6.4%
24,426,453
TIAA-CREF
Short-Term
Bond
Fund
255,744,965
TOTAL
SHORT-TERM
FIXED
INCOME
255,744,965
U.S.
EQUITY—31.1%
11,379,254
Nuveen
Dividend
Value
Fund
184,799,092
3,204,809
Nuveen
Santa
Barbara
Dividend
Growth
Fund
176,296,529
8,920,531
TIAA-CREF
Growth
&
Income
Fund
176,358,905
7,540,810
TIAA-CREF
Large-Cap
Growth
Fund
202,696,963
3,400,000
TIAA-CREF
Large-Cap
Growth
Index
Fund
203,184,030
8,099,369
TIAA-CREF
Large-Cap
Value
Fund
184,665,617
2,323,338
TIAA-CREF
Quant
Small-Cap
Equity
Fund
52,879,173
3,468,316
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
61,840,077
TOTAL
U.S.
EQUITY
1,242,720,386
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
3,988,854,653
(Cost
$3,349,065,188)
TOTAL
INVESTMENTS—99.9%
3,988,854,653
(Cost
$3,349,065,188)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
4,559,811
NET
ASSETS—100.0%
$
3,993,414,464
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$161,396,478
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2025
Fund
5
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2025
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%
a
DIRECT
REAL
ESTATE—4.1%
19,658,877
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$209,809,648)
$
225,683,911
TOTAL
DIRECT
REAL
ESTATE
225,683,911
FIXED
INCOME—34.0%
91,731,181
TIAA-CREF
Core
Bond
Fund
997,117,940
55,950,982
TIAA-CREF
Core
Plus
Bond
Fund
617,698,845
8,760,289
TIAA-CREF
Emerging
Markets
Debt
Fund
90,230,977
9,831,406
TIAA-CREF
High-Yield
Fund
94,873,065
9,745,519
TIAA-CREF
International
Bond
Fund
98,917,016
TOTAL
FIXED
INCOME
1,898,837,843
INFLATION-PROTECTED
ASSETS—4.4%
19,543,437
TIAA-CREF
Inflation-Linked
Bond
Fund
246,442,741
TOTAL
INFLATION-PROTECTED
ASSETS
246,442,741
INTERNATIONAL
EQUITY—16.4%
3,246,313
Nuveen
International
Growth
Fund
196,369,454
9,137,207
TIAA-CREF
Emerging
Markets
Equity
Fund
115,311,548
18,769,339
TIAA-CREF
International
Equity
Fund
275,533,903
9,579,841
TIAA-CREF
International
Opportunities
Fund
195,045,556
10,500,327
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
133,669,168
TOTAL
INTERNATIONAL
EQUITY
915,929,629
SHORT-TERM
FIXED
INCOME—4.4%
23,552,293
TIAA-CREF
Short-Term
Bond
Fund
246,592,509
TOTAL
SHORT-TERM
FIXED
INCOME
246,592,509
U.S.
EQUITY—36.6%
18,717,522
Nuveen
Dividend
Value
Fund
303,972,552
5,271,575
Nuveen
Santa
Barbara
Dividend
Growth
Fund
289,989,328
14,666,357
TIAA-CREF
Growth
&
Income
Fund
289,953,883
12,416,490
TIAA-CREF
Large-Cap
Growth
Fund
333,755,255
5,591,191
TIAA-CREF
Large-Cap
Growth
Index
Fund
334,129,575
13,318,653
TIAA-CREF
Large-Cap
Value
Fund
303,665,287
3,821,439
TIAA-CREF
Quant
Small-Cap
Equity
Fund
86,975,941
5,701,149
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
101,651,492
TOTAL
U.S.
EQUITY
2,044,093,313
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
5,577,579,946
(Cost
$4,596,027,740)
TOTAL
INVESTMENTS—99.9%
5,577,579,946
(Cost
$4,596,027,740)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
6,553,394
NET
ASSETS—100.0%
$
5,584,133,340
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$225,683,911
or
4.1%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2030
Fund
6
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2030
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%
a
DIRECT
REAL
ESTATE—4.0%
21,177,926
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$226,918,925)
$
243,122,595
TOTAL
DIRECT
REAL
ESTATE
243,122,595
FIXED
INCOME—29.2%
84,975,001
TIAA-CREF
Core
Bond
Fund
923,678,261
51,796,815
TIAA-CREF
Core
Plus
Bond
Fund
571,836,840
8,093,778
TIAA-CREF
Emerging
Markets
Debt
Fund
83,365,910
9,112,133
TIAA-CREF
High-Yield
Fund
87,932,085
9,026,538
TIAA-CREF
International
Bond
Fund
91,619,364
TOTAL
FIXED
INCOME
1,758,432,460
INFLATION-PROTECTED
ASSETS—2.4%
11,590,658
TIAA-CREF
Inflation-Linked
Bond
Fund
146,158,195
TOTAL
INFLATION-PROTECTED
ASSETS
146,158,195
INTERNATIONAL
EQUITY—19.2%
4,086,396
Nuveen
International
Growth
Fund
247,186,105
11,485,315
TIAA-CREF
Emerging
Markets
Equity
Fund
144,944,676
23,568,575
TIAA-CREF
International
Equity
Fund
345,986,677
12,080,704
TIAA-CREF
International
Opportunities
Fund
245,963,143
13,177,880
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
167,754,407
TOTAL
INTERNATIONAL
EQUITY
1,151,835,008
SHORT-TERM
FIXED
INCOME—2.5%
13,973,470
TIAA-CREF
Short-Term
Bond
Fund
146,302,233
TOTAL
SHORT-TERM
FIXED
INCOME
146,302,233
U.S.
EQUITY—42.6%
23,523,476
Nuveen
Dividend
Value
Fund
382,021,258
6,612,609
Nuveen
Santa
Barbara
Dividend
Growth
Fund
363,759,614
18,399,635
TIAA-CREF
Growth
&
Income
Fund
363,760,777
15,567,398
TIAA-CREF
Large-Cap
Growth
Fund
418,451,647
7,017,275
TIAA-CREF
Large-Cap
Growth
Index
Fund
419,352,371
16,750,617
TIAA-CREF
Large-Cap
Value
Fund
381,914,062
4,795,808
TIAA-CREF
Quant
Small-Cap
Equity
Fund
109,152,595
7,159,548
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
127,654,739
TOTAL
U.S.
EQUITY
2,566,067,063
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
6,011,917,554
(Cost
$4,845,239,906)
TOTAL
INVESTMENTS—99.9%
6,011,917,554
(Cost
$4,845,239,906)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
6,791,450
NET
ASSETS—100.0%
$
6,018,709,004
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$243,122,595
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2035
Fund
7
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2035
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%
a
DIRECT
REAL
ESTATE—4.1%
21,902,658
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$234,823,527)
$
251,442,519
TOTAL
DIRECT
REAL
ESTATE
251,442,519
FIXED
INCOME—24.4%
73,427,270
TIAA-CREF
Core
Bond
Fund
798,154,423
44,783,969
TIAA-CREF
Core
Plus
Bond
Fund
494,415,016
7,016,776
TIAA-CREF
Emerging
Markets
Debt
Fund
72,272,792
7,881,524
TIAA-CREF
High-Yield
Fund
76,056,703
7,795,745
TIAA-CREF
International
Bond
Fund
79,126,815
TOTAL
FIXED
INCOME
1,520,025,749
INFLATION-PROTECTED
ASSETS—0.5%
2,205,900
TIAA-CREF
Inflation-Linked
Bond
Fund
27,816,400
TOTAL
INFLATION-PROTECTED
ASSETS
27,816,400
INTERNATIONAL
EQUITY—21.8%
4,829,532
Nuveen
International
Growth
Fund
292,138,381
13,538,453
TIAA-CREF
Emerging
Markets
Equity
Fund
170,855,282
27,825,870
TIAA-CREF
International
Equity
Fund
408,483,764
14,274,238
TIAA-CREF
International
Opportunities
Fund
290,623,493
15,560,233
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
198,081,764
TOTAL
INTERNATIONAL
EQUITY
1,360,182,684
SHORT-TERM
FIXED
INCOME—0.4%
2,653,761
TIAA-CREF
Short-Term
Bond
Fund
27,784,876
TOTAL
SHORT-TERM
FIXED
INCOME
27,784,876
U.S.
EQUITY—48.7%
27,791,996
Nuveen
Dividend
Value
Fund
451,342,017
7,810,719
Nuveen
Santa
Barbara
Dividend
Growth
Fund
429,667,662
21,736,033
TIAA-CREF
Growth
&
Income
Fund
429,721,370
18,393,781
TIAA-CREF
Large-Cap
Growth
Fund
494,424,837
8,285,305
TIAA-CREF
Large-Cap
Growth
Index
Fund
495,129,798
19,759,416
TIAA-CREF
Large-Cap
Value
Fund
450,514,682
5,668,396
TIAA-CREF
Quant
Small-Cap
Equity
Fund
129,012,694
8,456,563
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
150,780,522
TOTAL
U.S.
EQUITY
3,030,593,582
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
6,217,845,810
(Cost
$4,881,421,935)
TOTAL
INVESTMENTS—99.9%
6,217,845,810
(Cost
$4,881,421,935)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
8,337,389
NET
ASSETS—100.0%
$
6,226,183,199
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$251,442,519
or
4.1%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2040
Fund
8
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2040
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.9%
a
DIRECT
REAL
ESTATE—4.0%
26,006,612
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$278,123,333)
$
298,555,909
TOTAL
DIRECT
REAL
ESTATE
298,555,909
FIXED
INCOME—16.6%
59,086,275
TIAA-CREF
Core
Bond
Fund
642,267,805
36,079,474
TIAA-CREF
Core
Plus
Bond
Fund
398,317,388
5,629,284
TIAA-CREF
Emerging
Markets
Debt
Fund
57,981,625
6,337,207
TIAA-CREF
High-Yield
Fund
61,154,050
6,286,638
TIAA-CREF
International
Bond
Fund
63,809,376
TOTAL
FIXED
INCOME
1,223,530,244
INTERNATIONAL
EQUITY—24.6%
6,445,589
Nuveen
International
Growth
Fund
389,893,687
18,098,448
TIAA-CREF
Emerging
Markets
Equity
Fund
228,402,419
37,162,195
TIAA-CREF
International
Equity
Fund
545,541,016
19,041,791
TIAA-CREF
International
Opportunities
Fund
387,690,862
20,762,807
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
264,310,536
TOTAL
INTERNATIONAL
EQUITY
1,815,838,520
U.S.
EQUITY—54.7%
37,021,018
Nuveen
Dividend
Value
Fund
601,221,331
10,432,133
Nuveen
Santa
Barbara
Dividend
Growth
Fund
573,871,634
29,011,324
TIAA-CREF
Growth
&
Income
Fund
573,553,870
24,505,000
TIAA-CREF
Large-Cap
Growth
Fund
658,694,404
11,059,895
TIAA-CREF
Large-Cap
Growth
Index
Fund
660,939,338
26,377,499
TIAA-CREF
Large-Cap
Value
Fund
601,406,985
7,562,271
TIAA-CREF
Quant
Small-Cap
Equity
Fund
172,117,288
11,317,541
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
201,791,754
TOTAL
U.S.
EQUITY
4,043,596,604
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
7,381,521,277
(Cost
$5,638,457,954)
TOTAL
INVESTMENTS—99.9%
7,381,521,277
(Cost
$5,638,457,954)
OTHER
ASSETS
&
LIABILITIES,
NET—0.1%
10,084,276
NET
ASSETS—100.0%
$
7,391,605,553
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$298,555,909
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2045
Fund
9
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2045
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%
a
DIRECT
REAL
ESTATE—4.0%
17,057,322
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$183,629,217)
$
195,818,053
TOTAL
DIRECT
REAL
ESTATE
195,818,053
FIXED
INCOME—7.8%
18,280,231
TIAA-CREF
Core
Bond
Fund
198,706,116
11,185,412
TIAA-CREF
Core
Plus
Bond
Fund
123,486,952
1,765,015
TIAA-CREF
Emerging
Markets
Debt
Fund
18,179,650
1,979,333
TIAA-CREF
High-Yield
Fund
19,100,568
1,951,875
TIAA-CREF
International
Bond
Fund
19,811,532
TOTAL
FIXED
INCOME
379,284,818
INTERNATIONAL
EQUITY—27.3%
4,685,325
Nuveen
International
Growth
Fund
283,415,288
13,159,217
TIAA-CREF
Emerging
Markets
Equity
Fund
166,069,319
27,065,791
TIAA-CREF
International
Equity
Fund
397,325,806
13,892,599
TIAA-CREF
International
Opportunities
Fund
282,853,324
15,103,244
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
192,264,296
TOTAL
INTERNATIONAL
EQUITY
1,321,928,033
U.S.
EQUITY—60.7%
26,975,197
Nuveen
Dividend
Value
Fund
438,077,197
7,582,242
Nuveen
Santa
Barbara
Dividend
Growth
Fund
417,099,117
21,095,388
TIAA-CREF
Growth
&
Income
Fund
417,055,824
17,850,385
TIAA-CREF
Large-Cap
Growth
Fund
479,818,356
8,048,548
TIAA-CREF
Large-Cap
Growth
Index
Fund
480,981,254
19,230,915
TIAA-CREF
Large-Cap
Value
Fund
438,464,860
5,506,269
TIAA-CREF
Quant
Small-Cap
Equity
Fund
125,322,692
8,232,969
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
146,793,845
TOTAL
U.S.
EQUITY
2,943,613,145
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
4,840,644,049
(Cost
$3,557,172,174)
TOTAL
INVESTMENTS—99.8%
4,840,644,049
(Cost
$3,557,172,174)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
7,301,155
NET
ASSETS—100.0%
$
4,847,945,204
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$195,818,053
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2050
Fund
10
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2050
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%
a
DIRECT
REAL
ESTATE—4.0%
12,506,979
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$135,100,620)
$
143,580,122
TOTAL
DIRECT
REAL
ESTATE
143,580,122
FIXED
INCOME—4.9%
8,404,119
TIAA-CREF
Core
Bond
Fund
91,352,777
5,166,331
TIAA-CREF
Core
Plus
Bond
Fund
57,036,289
833,038
TIAA-CREF
Emerging
Markets
Debt
Fund
8,580,294
919,238
TIAA-CREF
High-Yield
Fund
8,870,645
898,619
TIAA-CREF
International
Bond
Fund
9,120,988
TOTAL
FIXED
INCOME
174,960,993
INTERNATIONAL
EQUITY—28.2%
3,550,378
Nuveen
International
Growth
Fund
214,762,345
9,990,417
TIAA-CREF
Emerging
Markets
Equity
Fund
126,079,065
20,510,085
TIAA-CREF
International
Equity
Fund
301,088,054
10,514,152
TIAA-CREF
International
Opportunities
Fund
214,068,126
11,431,967
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
145,528,938
TOTAL
INTERNATIONAL
EQUITY
1,001,526,528
U.S.
EQUITY—62.7%
20,424,557
Nuveen
Dividend
Value
Fund
331,694,801
5,736,530
Nuveen
Santa
Barbara
Dividend
Growth
Fund
315,566,504
15,986,147
TIAA-CREF
Growth
&
Income
Fund
316,046,122
13,533,527
TIAA-CREF
Large-Cap
Growth
Fund
363,781,217
6,098,694
TIAA-CREF
Large-Cap
Growth
Index
Fund
364,457,941
14,573,868
TIAA-CREF
Large-Cap
Value
Fund
332,284,199
4,168,352
TIAA-CREF
Quant
Small-Cap
Equity
Fund
94,871,688
6,239,072
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
111,242,660
TOTAL
U.S.
EQUITY
2,229,945,132
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
3,550,012,775
(Cost
$2,620,776,259)
TOTAL
INVESTMENTS—99.8%
3,550,012,775
(Cost
$2,620,776,259)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
6,296,017
NET
ASSETS—100.0%
$
3,556,308,792
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$143,580,122
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2055
Fund
11
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2055
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%
a
DIRECT
REAL
ESTATE—4.0%
5,340,505
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$58,182,106)
$
61,308,996
TOTAL
DIRECT
REAL
ESTATE
61,308,996
FIXED
INCOME—3.7%
2,709,513
TIAA-CREF
Core
Bond
Fund
29,452,406
1,667,368
TIAA-CREF
Core
Plus
Bond
Fund
18,407,743
268,846
TIAA-CREF
Emerging
Markets
Debt
Fund
2,769,116
297,356
TIAA-CREF
High-Yield
Fund
2,869,490
288,128
TIAA-CREF
International
Bond
Fund
2,924,498
TOTAL
FIXED
INCOME
56,423,253
INTERNATIONAL
EQUITY—28.6%
1,537,210
Nuveen
International
Growth
Fund
92,985,815
4,321,681
TIAA-CREF
Emerging
Markets
Equity
Fund
54,539,616
8,895,220
TIAA-CREF
International
Equity
Fund
130,581,835
4,550,944
TIAA-CREF
International
Opportunities
Fund
92,657,225
4,951,203
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
63,028,811
TOTAL
INTERNATIONAL
EQUITY
433,793,302
U.S.
EQUITY—63.5%
8,835,970
Nuveen
Dividend
Value
Fund
143,496,148
2,481,531
Nuveen
Santa
Barbara
Dividend
Growth
Fund
136,508,996
6,916,101
TIAA-CREF
Growth
&
Income
Fund
136,731,319
5,863,041
TIAA-CREF
Large-Cap
Growth
Fund
157,598,531
2,641,716
TIAA-CREF
Large-Cap
Growth
Index
Fund
157,868,933
6,303,420
TIAA-CREF
Large-Cap
Value
Fund
143,717,980
1,809,517
TIAA-CREF
Quant
Small-Cap
Equity
Fund
41,184,616
2,702,785
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
48,190,660
TOTAL
U.S.
EQUITY
965,297,183
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
1,516,822,734
(Cost
$1,153,683,885)
TOTAL
INVESTMENTS—99.8%
1,516,822,734
(Cost
$1,153,683,885)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
2,694,779
NET
ASSETS—100.0%
$
1,519,517,513
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$61,308,996
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2060
Fund
12
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2060
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%
a
DIRECT
REAL
ESTATE—4.0%
1,555,258
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
8/01/16-8/30/21;
cost
$17,066,604)
$
17,854,362
TOTAL
DIRECT
REAL
ESTATE
17,854,362
FIXED
INCOME—2.5%
538,999
TIAA-CREF
Core
Bond
Fund
5,858,924
331,405
TIAA-CREF
Core
Plus
Bond
Fund
3,658,709
52,817
TIAA-CREF
Emerging
Markets
Debt
Fund
544,012
58,070
TIAA-CREF
High-Yield
Fund
560,377
56,092
TIAA-CREF
International
Bond
Fund
569,336
TOTAL
FIXED
INCOME
11,191,358
INTERNATIONAL
EQUITY—29.0%
453,641
Nuveen
International
Growth
Fund
27,440,763
1,277,099
TIAA-CREF
Emerging
Markets
Equity
Fund
16,116,991
2,627,639
TIAA-CREF
International
Equity
Fund
38,573,742
1,342,233
TIAA-CREF
International
Opportunities
Fund
27,327,871
1,464,279
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
18,640,268
TOTAL
INTERNATIONAL
EQUITY
128,099,635
U.S.
EQUITY—64.3%
2,612,007
Nuveen
Dividend
Value
Fund
42,418,998
729,993
Nuveen
Santa
Barbara
Dividend
Growth
Fund
40,156,898
2,045,916
TIAA-CREF
Growth
&
Income
Fund
40,447,766
1,730,912
TIAA-CREF
Large-Cap
Growth
Fund
46,526,906
779,791
TIAA-CREF
Large-Cap
Growth
Index
Fund
46,600,305
1,857,622
TIAA-CREF
Large-Cap
Value
Fund
42,353,788
534,160
TIAA-CREF
Quant
Small-Cap
Equity
Fund
12,157,473
796,673
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
14,204,681
TOTAL
U.S.
EQUITY
284,866,815
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
442,012,170
(Cost
$351,865,929)
TOTAL
INVESTMENTS—99.8%
442,012,170
(Cost
$351,865,929)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
900,162
NET
ASSETS—100.0%
$
442,912,332
a
The
Fund
invests
its
assets
in
the
affiliated
TIAA-CREF
Real
Property
Fund
LP,
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$17,854,362
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Lifecycle
2065
Fund
13
TIAA-CREF
LIFECYCLE
FUNDS
LIFECYCLE
2065
FUND
SCHEDULE
OF
INVESTMENTS
(unaudited)
August
31,
2021
SHARES
SECURITY
VALUE
AFFILIATED
INVESTMENT
COMPANIES—99.8%
a
DIRECT
REAL
ESTATE—4.0%
26,368
b
TIAA-CREF
Real
Property
Fund
LP
(purchased
9/30/20-8/30/21;
cost
$285,208)
$
302,707
TOTAL
DIRECT
REAL
ESTATE
302,707
FIXED
INCOME—1.3%
4,516
TIAA-CREF
Core
Bond
Fund
49,086
2,770
TIAA-CREF
Core
Plus
Bond
Fund
30,584
436
TIAA-CREF
Emerging
Markets
Debt
Fund
4,488
487
TIAA-CREF
High-Yield
Fund
4,701
481
TIAA-CREF
International
Bond
Fund
4,881
TOTAL
FIXED
INCOME
93,740
INTERNATIONAL
EQUITY—29.3%
7,804
Nuveen
International
Growth
Fund
472,060
22,076
TIAA-CREF
Emerging
Markets
Equity
Fund
278,596
45,256
TIAA-CREF
International
Equity
Fund
664,360
23,036
TIAA-CREF
International
Opportunities
Fund
469,020
25,294
TIAA-CREF
Quant
International
Small-Cap
Equity
Fund
321,998
TOTAL
INTERNATIONAL
EQUITY
2,206,034
U.S.
EQUITY—65.2%
44,907
Nuveen
Dividend
Value
Fund
729,284
12,635
Nuveen
Santa
Barbara
Dividend
Growth
Fund
695,039
35,148
TIAA-CREF
Growth
&
Income
Fund
694,867
29,799
TIAA-CREF
Large-Cap
Growth
Fund
801,005
13,400
TIAA-CREF
Large-Cap
Growth
Index
Fund
800,766
31,932
TIAA-CREF
Large-Cap
Value
Fund
728,043
9,176
TIAA-CREF
Quant
Small-Cap
Equity
Fund
208,836
13,699
TIAA-CREF
Quant
Small/Mid-Cap
Equity
Fund
244,250
TOTAL
U.S.
EQUITY
4,902,090
TOTAL
AFFILIATED
INVESTMENT
COMPANIES
7,504,571
(Cost
$6,193,129)
TOTAL
INVESTMENTS—99.8%
7,504,571
(Cost
$6,193,129)
OTHER
ASSETS
&
LIABILITIES,
NET—0.2%
14,590
NET
ASSETS—100.0%
$
7,519,161
a
The
Fund
invests
its
assets
in
Class
W
shares
of
the
affiliated
TIAA-CREF
Funds
and
Class
R6
shares
of
the
affiliated
Nuveen
Funds.
b
Restricted
security.
At
8/31/21,
the
total
value
of
this
security
amounted
to
$302,707
or
4.0%
of
net
assets.
TIAA-CREF
LIFECYCLE
FUNDS
-
Notes
to
schedules
of
investments
(unaudited)
14
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
Board
of
Trustees.
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
which
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).
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
August
31,
2021
,
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
$
629,760,684
$
—
$
—
$
—
$
629,760,684
TIAA-CREF
Real
Property
Fund
LP
—
—
—
26,561,306
26,561,306
Total
$
629,760,684
$
—
$
—
$
26,561,306
$
656,321,990
Lifecycle
2010
Registered
investment
companies
$
1,215,820,807
$
—
$
—
$
—
$
1,215,820,807
TIAA-CREF
Real
Property
Fund
LP
—
—
—
45,533,621
45,533,621
Total
$
1,215,820,807
$
—
$
—
$
45,533,621
$
1,261,354,428
Lifecycle
2015
Registered
investment
companies
$
1,743,148,980
$
—
$
—
$
—
$
1,743,148,980
TIAA-CREF
Real
Property
Fund
LP
—
—
—
73,515,378
73,515,378
Total
$
1,743,148,980
$
—
$
—
$
73,515,378
$
1,816,664,358
Lifecycle
2020
Registered
investment
companies
$
3,827,458,175
$
—
$
—
$
—
$
3,827,458,175
TIAA-CREF
Real
Property
Fund
LP
—
—
—
161,396,478
161,396,478
Total
$
3,827,458,175
$
—
$
—
$
161,396,478
$
3,988,854,653
Lifecycle
2025
Registered
investment
companies
$
5,351,896,035
$
—
$
—
$
—
$
5,351,896,035
TIAA-CREF
Real
Property
Fund
LP
—
—
—
225,683,911
225,683,911
Total
$
5,351,896,035
$
—
$
—
$
225,683,911
$
5,577,579,946
TIAA-CREF
LIFECYCLE
FUNDS
-
Notes
to
schedules
of
investments
(unaudited)
15
Fund
Level
1
Level
2
Level
3
Fair
value
using
practical
expedient
a
Total
Lifecycle
2030
Registered
investment
companies
$
5,768,794,959
$
—
$
—
$
—
$
5,768,794,959
TIAA-CREF
Real
Property
Fund
LP
—
—
—
243,122,595
243,122,595
Total
$
5,768,794,959
$
—
$
—
$
243,122,595
$
6,011,917,554
Lifecycle
2035
Registered
investment
companies
$
5,966,403,291
$
—
$
—
$
—
$
5,966,403,291
TIAA-CREF
Real
Property
Fund
LP
—
—
—
251,442,519
251,442,519
Total
$
5,966,403,291
$
—
$
—
$
251,442,519
$
6,217,845,810
Lifecycle
2040
Registered
investment
companies
$
7,082,965,368
$
—
$
—
$
—
$
7,082,965,368
TIAA-CREF
Real
Property
Fund
LP
—
—
—
298,555,909
298,555,909
Total
$
7,082,965,368
$
—
$
—
$
298,555,909
$
7,381,521,277
Lifecycle
2045
Registered
investment
companies
$
4,644,825,996
$
—
$
—
$
—
$
4,644,825,996
TIAA-CREF
Real
Property
Fund
LP
—
—
—
195,818,053
195,818,053
Total
$
4,644,825,996
$
—
$
—
$
195,818,053
$
4,840,644,049
Lifecycle
2050
Registered
investment
companies
$
3,406,432,653
$
—
$
—
$
—
$
3,406,432,653
TIAA-CREF
Real
Property
Fund
LP
—
—
—
143,580,122
143,580,122
Total
$
3,406,432,653
$
—
$
—
$
143,580,122
$
3,550,012,775
Lifecycle
2055
Registered
investment
companies
$
1,455,513,738
$
—
$
—
$
—
$
1,455,513,738
TIAA-CREF
Real
Property
Fund
LP
—
—
—
61,308,996
61,308,996
Total
$
1,455,513,738
$
—
$
—
$
61,308,996
$
1,516,822,734
Lifecycle
2060
Registered
investment
companies
$
424,157,808
$
—
$
—
$
—
$
424,157,808
TIAA-CREF
Real
Property
Fund
LP
—
—
—
17,854,362
17,854,362
Total
$
424,157,808
$
—
$
—
$
17,854,362
$
442,012,170
Lifecycle
2065
Registered
investment
companies
$
7,201,864
$
—
$
—
$
—
$
7,201,864
TIAA-CREF
Real
Property
Fund
LP
—
—
—
302,707
302,707
Total
$
7,201,864
$
—
$
—
$
302,707
$
7,504,571
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
Schedules
of
investments.
A10998-D
(10/21)