Back to top

Image: Bigstock

Buy These 3 Top TIAA Mutual Funds for Impressive Returns

Read MoreHide Full Article

Teachers Insurance and Annuity Association of America Fund (TIAA), previously known as TIAA-CREF, was founded in 1918. Nuveen, the investment management arm of TIAA, seeks to offer financial services pertaining to investment advice and portfolio management to more than five million customers and around 15,000 institutional investors.

The company has investments in more than 50 nations, with about 397 offices located in 19 countries. TIAA had around $1.1 trillion in assets under management as of Dec 31, 2019.

Below we share with you three 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 Emerging Markets Equity Fund Retirement Class (TEMSX - Free Report) aims for a favorable long-term total return, primarily through capital appreciation. The fund invests the majority of its assets primarily in a portfolio of emerging markets securities. TEMSX has three-year annualized returns of 3.9%.

Barton Grenning is the fund manager of TEMSX since 2015.

TIAA-CREF Social Choice Equity Fund Retail Class (TICRX - Free Report) aims for a favorable long-term total. The fund considers the performance of the overall U.S. stock market while giving special consideration to certain ESG criteria. It invests the majority of its assets in equity securities and has three-year annualized returns of 10.9%.

TICRX has an expense ratio of 0.45% as compared with the category average of 0.92%.

TIAA-CREF Quant Small/Mid-Cap Equity Fund Retail Class (TSMEX - Free Report) aims for favorable long-term total return, primarily through capital appreciation. The fund invests the majority of its assets in small-cap and mid-cap equity securities which has prospects for significant long-term capital appreciation. TSMEX has three-year annualized returns of 6.3%.

As of the end of June 2020, TSMEX held 330 issues, with 0.84% of its assets invested in Teradyne Inc.

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.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Published in