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4 Best Ranked TIAA Mutual Funds to Buy

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Teachers Insurance and Annuity Association of America (TIAA) aims to offer financial services pertaining to investment advice and portfolio management to a wide range of investors including individual investors, intermediaries and institutional clients. TIAA was founded in 1918 by Andrew Carnegie and is headquartered in New York City.

As of June 30, 2016, TIAA Global Asset Management had $889 billion assets under management invested in a wide range of securities. The major portion of its assets are allocated to stocks and fixed income securities.TIAA has its investments in more than 50 nations. It invests in an array of mutual funds including both equity and fixed-income funds, and U.S. and non-U.S. funds.

Below we share with you four top-rated TIAA Mutual Funds. Each has earned a Zacks Mutual Fund Rank #1(Strong Buy) and is expected to outperform its peers in the future. 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.

TIAA-CREF Growth & Income Premier (TRPGX - Free Report) seeks return for the long run through growth of income and capital. TRPGX invests the bulk of its assets in income-generating securities. The fund primarily focuses on investing in securities of large-cap companies, which are believed to have strong potential for capital growth. The TIAA-CREF Growth & Income Premier fund has a three-year annualized return of 10.1%.

TRPGX has an expense ratio of 0.58% as compared with the category average of 1.29%.

TIAA-CREF Large-Cap Value Premier (TRCPX - Free Report) invests the lion’s share of its assets in equity securities of large-cap companies, which are expected to be undervalued. TRCPX seeks return over the long run primarily through growth of capital. The fund invests in companies as defined by the fund's benchmark index, the Russell 1000 Value Index. The TIAA-CREF Large-Cap Value Premier fund has a three-year annualized return of 8.1%.

Richard Cutler is one of the fund managers of TRCPX since 2002.

TIAA-CREF Small-Cap Equity Retirement (TRSEX - Free Report) seeks growth of capital for the long run. TRSEX invests the majority of its assets in securities of domestic small-cap companies. The fund invests in companies with market capitalization identical to those included in the Russell 2000 Index. The TIAA-CREF Small-Cap Equity Retirement fund has a three-year annualized return of 7.5%.

TRSEX has an expense ratio of 0.67% as compared with the category average of 1.37%.

TIAA-CREF Bond R (TIDRX - Free Report) invests a large portion of its assets in bonds, including fixed-income securities. TIDRX seeks growth of income for the long run. The fund invests not only in fixed-income securities but also in investment-grade bonds. The TIAA-CREF Bond R fund has a three-year annualized return of 4.3%.

As of July 2016, TIDRX held 1293 issues with 2.32% of its assets invested in US Treasury Note 1.625%.

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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