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3 Best TIAA Mutual Funds for Stunning Returns

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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. This New York-based company, which was founded in 1918 by Andrew Carnegie, has a major portion of its assets allocated to stocks and fixed-income securities.

TIAA Global Asset Management had $954 billion assets under management invested in a wide range of securities. The issuer has investments in more than 50 countries and an array of mutual funds including both equity and fixed-income funds, and U.S. and non-U.S. funds. In 2017, the fund family received Lipper’s Best Overall Large Fund Company award for five consecutive years.

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 Large-Cap Value Premier (TRCPX - Free Report) seeks returns over the long run primarily through growth of capital. TRCPX invests the lion’s share of its assets in equity securities of large-cap companies, which are expected to be undervalued. The fund invests in companies as defined by the fund's benchmark Russell 1000 Value Index. TIAA-CREF Large-Cap Value Premier has returned 17.6% in the last year.

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

TIAA-CREF Real Estate Securities Fund Premier (TRRPX - Free Report) heavily invests in equity securities issued by companies engaged in the real estate industry. TRRPX may also invest almost 15% of its assets in real estate securities of non-U.S. issuers and almost one-fifth of its assets in equity and debt securities of issuers that are not related to the real estate industry.  TIAA-CREF Real Estate Securities Fund Premier has returned 7.7% in a year’s time.

TRRPX has an expense ratio of 0.65% compared with the category average of 1.23%.

TIAA-CREF Social Choice Equity Retail (TICRX - Free Report) 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 20.3% over last year.

As of July 2017, TICRX held 766 issues, with 2.55% of its assets invested in Microsoft Corp.

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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